energen resources corp. drilling report

125
Drilling Report Report Date: 6/5/2015 Well Name: UNIVERSITY 40-16 1 Report No: 1 Energen Resources Corp. 605 Richard Arrington Blvd. Birmingham, AL 35205 (800) 292-4005 Surface Location: 1980 FNL, 1757 FWL - WARD, TX $25,427 $25,427 Formation: Daily Costs: This AFE DHC to Date: API Code: 4247536999 0 Start Depth(ft): 6/9/2015 Spud Date: 24 Hr. Footage: RKB to MSL: 25 0 Ending Depth(ft): $3,180,125 AFE DHC: CODY CHAMBERS BENJAMIN DUCOT Rig Supervisor 1: 832-314-9929 318-509-9166 RKB to CHF: $3,400,564 $0 Total w/ Assoc AFEs : Daily Mud Costs: PBE1510032 AFE #: -4 Days from Spud: Field Name: Wellcore 0 RKB to LMF: RKB to THF: 01 - Rig Up & Tear Down $25,427 This AFE CWC to Date: Cum Mud Costs: $0 Rig Company: 25 27.5 Rpt T. Activity: Precision Drilling 26.5 1 Report No: $6,116,398 AFE Total: Rig Supervisor 2: RIGGING DOWN. RIG IN TRANSPORT. Operation Desc: 24-Hour Summary/Remarks: FINISH CLEANING PITS. RIG DOWN ALL 3RD PARTY EQUIPMENT. START RIGGING DOWN RIG EQUIPMENT. TRANSPORT ALL DRILL PIPE & MISC. EQUIPMENT TO NEW LOCATION. PREP RIG FOR TRANSPORT TO NEW LOCATION. RIGGED DOWN- 80% TRANSPORTED- 20% RIGGED UP- 0% Next Day Operations: FINSH RIGGING DOWN ON OLD LOCATION. TRANSPORT ALL TO NEW LOCATION. TRANSPORT ALL HOUSING. START RIG UP ON NEW WELL. ========================================================================= RIG RELEASED FROM UNIVERSITY 21-17 #1R @ 06:00 HRS. ON 6-4-2015. SPUD: XX/XX/2015 @ XX:XX HRS. TOTAL RIG MOVE HRS.: 24 / DAYS: X.XX TOTAL HRS. FROM SPUD: ----- TOTAL DAYS TO TD: ----- TOTAL DAYS TO RELEASE: ----- DOWNTIME HRS.: 0.0 TODAY / 0.0 TOTAL, PERCENTAGE OF DOWNTIME / NPT: 0% ========================================================================= LAST 5" D/P INSPECTION WAS ON THE UNIVERSITY 24-17 #1H, ON 12/20/2014. CAT-4 INSPECTION - CSI LAST 4'' D/P INSPECTION WAS ON THE SPECTRE ST. 54-4 #1H ST1, ON 3/8/2015. CAT-4 INSPECTION - CSI LAST BHA INSPECTION WAS ON THE UNIVERSITY 21-17 #1R, ON 6/4/2015. CSI. ========================================================================= SAFETY MTG.: SAFETY MEETINGS & JSA'S COVERING RIG WITH 3RD PARTY EQUIPMENT, OVERHEAD LOADS, & USE OF TAG LINES. DAYS SINCE LAST LTA: 342 ORI'S TODAY: 0 CREW SHORTAGES: NONE.// DOUBLES: NONE ========================================================================= FLUID LOST TO WELL: 0 BBLS TODAY / 0 TOTAL BBLS, **NO LEAKS OR SPILLS REPORTED OR OBSERVED** ========================================================================= ========================================================================= 20'' CONDUCTOR CSG SET @ XXX' 13 3/8" SURFACE CSG SET @ X,XXX' 9 5/8'' INT. CSG SET @ X,XXX' 7" INT. CSG SET @ XX,XXX' 4.5'' PRO. CASING LINER @ XX,XXX' PROPOSED TD: 12,500' ========================================================================= LAST SURVEY: ========================================================================= TRRC: 0 TVD: 40 / / Sec/Twn/Rng: $3,400,564 Total Project Costs: Rig Name: Precision 594 Develop To: 0 JAMES WALKER 318-780-1745 Tool Pusher: Abstract: U39 Location Survey: UL BOP Test and Inspection Dates Last BOP Drill Date: 0 Last BOP Test: BOP Test Due: Last Inspection: Days Since BOP Tested: Time Wind Dir Wind Knots Sky Conditions Temp Remarks Weather Hours Summary ( Daily / Cumulative ) 0.00 Drilling 0.00 Rotating 0.00 Trips 0.00 Circulating 0.00 Down 24.00 Other 0 0 0 0 0 24 Code Operations Start Hrs Remarks Run End Depth Start Depth 01 6:00 24.00 FINISH CLEANING RIG. RIG DOWN ALL 3RD PARTY EQUIPMENT. START HAULING ALL DRILL PIPE & MISC. EQUIPMENT. HANG OFF BLOCKS, SEPARATE FROM TOP DRIVE, PREP TO LOWER SUBS. RIG DOWN MUD PITS, CHOKE SKID, GAS BUSTER. PREP ALL BACK YARD FOR TRANSPORT. LOWER SUB STUCTURE. LOAD OUT CATWALK, CUMMY, TRIP TANK, BULK TANKS, AND WATER TANKS. NIH 0 0 24.00 Total: Page 1 of 2 7/22/2015 Powered by Production Access Date Report No Depth Report Time Activity MW Daily Costs AFE Cum Costs 6/5/2015 1 0 01 - Rig Up & Tear Down $25,427 $6,116,398 $25,427

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Page 1: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/5/2015

Well Name: UNIVERSITY 40-16 1

Report No: 1

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

Surface Location: 1980 FNL, 1757 FWL - WARD, TX

$25,427$25,427

Formation:

Daily Costs:This AFE DHC to Date:

API Code: 4247536999

0Start Depth(ft):

6/9/2015Spud Date:

24 Hr. Footage:

RKB to MSL: 250Ending Depth(ft):

$3,180,125AFE DHC:CODY CHAMBERSBENJAMIN DUCOT

Rig Supervisor 1: 832-314-9929318-509-9166

RKB to CHF:$3,400,564

$0Total w/ Assoc AFEs :

Daily Mud Costs:

PBE1510032AFE #:

-4Days from Spud:Field Name: Wellcore

0RKB to LMF:

RKB to THF:

01 - Rig Up & Tear Down

$25,427This AFE CWC to Date:

Cum Mud Costs: $0Rig Company:

2527.5

Rpt T. Activity:

Precision Drilling 26.5

1Report No:$6,116,398AFE Total:

Rig Supervisor 2:

RIGGING DOWN. RIG IN TRANSPORT.Operation Desc:

24-Hour Summary/Remarks: FINISH CLEANING PITS. RIG DOWN ALL 3RD PARTY EQUIPMENT. START RIGGING DOWN RIG EQUIPMENT. TRANSPORT ALL DRILL PIPE & MISC. EQUIPMENT TO NEW LOCATION. PREP RIG FOR TRANSPORT TO NEW LOCATION.

RIGGED DOWN- 80%TRANSPORTED- 20%RIGGED UP- 0%Next Day Operations: FINSH RIGGING DOWN ON OLD LOCATION. TRANSPORT ALL TO NEW LOCATION. TRANSPORT ALL HOUSING. START RIG UP ON NEW WELL.=========================================================================RIG RELEASED FROM UNIVERSITY 21-17 #1R @ 06:00 HRS. ON 6-4-2015.SPUD: XX/XX/2015 @ XX:XX HRS.TOTAL RIG MOVE HRS.: 24 / DAYS: X.XXTOTAL HRS. FROM SPUD: -----TOTAL DAYS TO TD: -----TOTAL DAYS TO RELEASE: -----DOWNTIME HRS.: 0.0 TODAY / 0.0 TOTAL, PERCENTAGE OF DOWNTIME / NPT: 0%=========================================================================LAST 5" D/P INSPECTION WAS ON THE UNIVERSITY 24-17 #1H, ON 12/20/2014. CAT-4 INSPECTION - CSILAST 4'' D/P INSPECTION WAS ON THE SPECTRE ST. 54-4 #1H ST1, ON 3/8/2015. CAT-4 INSPECTION - CSILAST BHA INSPECTION WAS ON THE UNIVERSITY 21-17 #1R, ON 6/4/2015.CSI.=========================================================================SAFETY MTG.: SAFETY MEETINGS & JSA'S COVERING RIG WITH 3RD PARTY EQUIPMENT, OVERHEAD LOADS, & USE OF TAG LINES.DAYS SINCE LAST LTA: 342ORI'S TODAY: 0CREW SHORTAGES: NONE.// DOUBLES: NONE=========================================================================FLUID LOST TO WELL: 0 BBLS TODAY / 0 TOTAL BBLS, **NO LEAKS OR SPILLS REPORTED OR OBSERVED**==================================================================================================================================================20'' CONDUCTOR CSG SET @ XXX'13 3/8" SURFACE CSG SET @ X,XXX'9 5/8'' INT. CSG SET @ X,XXX'7" INT. CSG SET @ XX,XXX'4.5'' PRO. CASING LINER @ XX,XXX'PROPOSED TD: 12,500'=========================================================================LAST SURVEY:=========================================================================TRRC:

0TVD:

40 / / Sec/Twn/Rng:$3,400,564Total Project Costs:

Rig Name: Precision 594Develop To: 0

JAMES WALKER 318-780-1745Tool Pusher:

Abstract: U39Location Survey: UL

BOP Test and Inspection Dates

Last BOP Drill Date:0Last BOP Test:

BOP Test Due:Last Inspection:Days Since BOP Tested:

Time Wind Dir Wind Knots Sky Conditions Temp RemarksWeather

Hours Summary ( Daily / Cumulative )0.00Drilling 0.00Rotating 0.00Trips 0.00Circulating 0.00Down 24.00Other0 0 0 0 0 24

CodeOperations

Start Hrs Remarks RunEnd DepthStart Depth

016:00 24.00 FINISH CLEANING RIG. RIG DOWN ALL 3RD PARTY EQUIPMENT. START HAULING ALL DRILL PIPE & MISC. EQUIPMENT. HANG OFF BLOCKS, SEPARATE FROM TOP DRIVE, PREP TO LOWER SUBS. RIG DOWN MUD PITS, CHOKE SKID, GAS BUSTER. PREP ALL BACK YARD FOR TRANSPORT. LOWER SUB STUCTURE. LOAD OUT CATWALK, CUMMY, TRIP TANK, BULK TANKS, AND WATER TANKS.

NIH00

24.00Total:

Page 1 of 2 7/22/2015Powered by Production Access

Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs6/5/2015 1 0 01 - Rig Up & Tear Down $25,427 $6,116,398$25,427

Page 2: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/5/2015

Well Name: UNIVERSITY 40-16 1

Report No: 1

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

Drilling Data

ROP:00Hook Load:0Pres on Bot: Press Off Bot:0.00

Slack Off: 0Over Pull:Kickoff Depth: 0

00

Pick Up:

Crew Status: ON Remarks: NONE0WOB: Motor RPM: 0Torque:0Rotary RPM:

0.00BHA Hours:

Pump No Model Liner Size Stroke Max PSI Max SPM SPM GPM Press. Slow Pump Rates/Pres.Mud Pumps

FD-1600 6 12 4450 1151 0 00 0/0 0/00/0FD-1600 6 12 4450 1152 0 00 0/0 0/00/0

Company Qty. HoursService Company Qty. HoursServicePersonnel Data

ANCHOR DRILLING FL 1 24.00MUD ENGINEER New Prospect Company 2 24.00CO MANPrecision Drilling 11 132.00Rig Crews

180.00Totals 14.00

PersonnelFirst AidType Date Activity Company Name

Health Safety and Environment

Lost Time

Med Visit

Drilling 6/4/2015 PRECISION / ENERGEN / RED STONE ALLSAFETY MEETINGS & JSA'S COVERING RIG WITH 3RD PARTY EQUIPMENT, OVERHEAD LOADS, & USE OF TAG LINES.

Daily Cost DetailsCode Remarks Daily Exp Cum ExpIDC Vendor

20.950.103IDC - DRILL - CONTRAC $22,500 $22,500RIG & CREWS MOBILIZATIONPRECISION DRILLING20.950.105IDC - DRILL - EQUIPMEN $191 $191FORK LIFT & MAN LIFT RENTPRECISION/ NEFF20.950.114IDC - DRILL - SURFACE $90 $2,7362 X LIGHT TOWERS & TRASHK.C. SERVICES20.950.114IDC - DRILL - SURFACE $186 $2,736COMMUNICATIONS PACKAGRIG NET/ LANDTEL20.950.114IDC - DRILL - SURFACE $650 $2,736HOUSING PACKAGETAN MAR20.950.114IDC - DRILL - SURFACE $1,250 $2,736R/U WATER TANKSPRIME TIME20.950.114IDC - DRILL - SURFACE $60 $2,7362 X FRAC TANKSLEOS TRUCKING20.950.114IDC - DRILL - SURFACE $500 $2,736300 BBL. PRE-MIX & TRANSFPORTABLE MUD SYS.

$25,427 $25,427Total IDC:Total Cumulative Well Costs: $25,427 $25,427

Page 2 of 2 7/22/2015Powered by Production Access

Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs6/5/2015 1 0 01 - Rig Up & Tear Down $25,427 $6,116,398$25,427

Page 3: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/6/2015

Well Name: UNIVERSITY 40-16 1

Report No: 2

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

Surface Location: 1980 FNL, 1757 FWL - WARD, TX

$24,177$49,604

Formation:

Daily Costs:This AFE DHC to Date:

API Code: 4247536999

0Start Depth(ft):

6/9/2015Spud Date:

24 Hr. Footage:

RKB to MSL: 250Ending Depth(ft):

$3,180,125AFE DHC:CODY CHAMBERSBENJAMIN DUCOT

Rig Supervisor 1: 832-314-9929318-509-9166

RKB to CHF:$3,400,564

$0Total w/ Assoc AFEs :

Daily Mud Costs:

PBE1510032AFE #:

-3Days from Spud:Field Name: Wellcore

0RKB to LMF:

RKB to THF:

01 - Rig Up & Tear Down

$49,604This AFE CWC to Date:

Cum Mud Costs: $0Rig Company:

2527.5

Rpt T. Activity:

Precision Drilling 26.5

2Report No:$6,116,398AFE Total:

Rig Supervisor 2:

RIG MOVE. LOAD OUT SUB AND DERRICKOperation Desc:

24-Hour Summary/Remarks: CONTINUE RIGGING DOWN ELECTRICAL LINES. LOAD OUT BACK YARD AND GEN HOUSES. LOWER DERRICK, REMOVE BOARD, PREP DERRICK FOR TRANSPORT. SPLIT DERRICK. SPLIT SUB STRUCTURE, REMOVE DRAWWORKS, BOP CART, AND SUB STRUCTURE. SET IN PITS, MUD PUMPS, WATER TANK, AND GEN HOUSES.

RIGGED DOWN- 100%TRANSPORTED- 85%RIGGED UP- 20%Next Day Operations: TRANSPORT DERRICK AND SUB TO NEW LOCATION. START RIG UP ON NEW WELL.=========================================================================RIG RELEASED FROM UNIVERSITY 21-17 #1R @ 06:00 HRS. ON 6-4-2015.SPUD: XX/XX/2015 @ XX:XX HRS.TOTAL RIG MOVE HRS.: 48 / DAYS: 2TOTAL HRS. FROM SPUD: -----TOTAL DAYS TO TD: -----TOTAL DAYS TO RELEASE: -----DOWNTIME HRS.: 0.0 TODAY / 0.0 TOTAL, PERCENTAGE OF DOWNTIME / NPT: 0%=========================================================================LAST 5" D/P INSPECTION WAS ON THE UNIVERSITY 24-17 #1H, ON 12/20/2014. CAT-4 INSPECTION - CSILAST 4'' D/P INSPECTION WAS ON THE SPECTRE ST. 54-4 #1H ST1, ON 3/8/2015. CAT-4 INSPECTION - CSILAST BHA INSPECTION WAS ON THE UNIVERSITY 21-17 #1R, ON 6/4/2015.CSI.=========================================================================SAFETY MTG.: SAFETY MEETINGS & JSA'S COVERING RIG WITH 3RD PARTY EQUIPMENT, OVERHEAD LOADS, & USE OF TAG LINES.DAYS SINCE LAST LTA: 344ORI'S TODAY: 0CREW SHORTAGES: NONE.// DOUBLES: NONE=========================================================================FLUID LOST TO WELL: 0 BBLS TODAY / 0 TOTAL BBLS, **NO LEAKS OR SPILLS REPORTED OR OBSERVED**==================================================================================================================================================20'' CONDUCTOR CSG SET @ XXX'13 3/8" SURFACE CSG SET @ X,XXX'9 5/8'' INT. CSG SET @ X,XXX'7" INT. CSG SET @ XX,XXX'4.5'' PRO. CASING LINER @ XX,XXX'PROPOSED TD: 12,500'=========================================================================LAST SURVEY:=========================================================================TRRC:

0TVD:

40 / / Sec/Twn/Rng:$3,400,564Total Project Costs:

Rig Name: Precision 594Develop To: 0

JAMES WALKER 318-780-1745Tool Pusher:

Abstract: U39Location Survey: UL

BOP Test and Inspection Dates

Last BOP Drill Date:Last BOP Test:

BOP Test Due:Last Inspection:Days Since BOP Tested:

Time Wind Dir Wind Knots Sky Conditions Temp RemarksWeather

Hours Summary ( Daily / Cumulative )0.00Drilling 0.00Rotating 0.00Trips 0.00Circulating 0.00Down 24.00Other0 0 0 0 0 48

CodeOperations

Start Hrs Remarks RunEnd DepthStart Depth

016:00 24.00 CONTINUE RIGGING DOWN ELECTRICAL LINES. LOAD OUT BACK YARD AND GEN HOUSES. LOWER DERRICK, REMOVE BOARD, PREP DERRICK FOR TRANSPORT. SPLIT DERRICK. SPLIT SUB STRUCTURE, REMOVE DRAWWORKS, BOP CART, AND SUB STRUCTURE. SET IN PITS, MUD PUMPS, WATER TANK, AND GEN HOUSES.

NIH00

24.00Total:Drilling Data

ROP:00Hook Load:0Pres on Bot: Press Off Bot:0.00

Slack Off: 0Over Pull:Kickoff Depth: 0

00

Pick Up:

Crew Status: ON Remarks: NONE0WOB: Motor RPM: 0Torque:0Rotary RPM:

0.00BHA Hours:

Page 1 of 2 7/22/2015Powered by Production Access

Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs6/6/2015 2 0 01 - Rig Up & Tear Down $24,177 $6,116,398$49,604

Page 4: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/6/2015

Well Name: UNIVERSITY 40-16 1

Report No: 2

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

Pump No Model Liner Size Stroke Max PSI Max SPM SPM GPM Press. Slow Pump Rates/Pres.Mud Pumps

FD-1600 6 12 4450 1151 0 00 0/0 0/00/0FD-1600 6 12 4450 1152 0 00 0/0 0/00/0

Company Qty. HoursService Company Qty. HoursServicePersonnel Data

ANCHOR DRILLING FL 1 24.00MUD ENGINEER New Prospect Company 2 24.00CO MANPrecision Drilling 11 132.00Rig Crews

180.00Totals 14.00

PersonnelFirst AidType Date Activity Company Name

Health Safety and Environment

Lost Time

Med Visit

Drilling 6/6/2015 PRECISION / ENERGEN / RED STONE TRUCKINGALL RIG PERSONELSAFETY MEETINGS & JSA'S COVERING RIG WITH 3RD PARTY EQUIPMENT, OVERHEAD LOADS, & USE OF TAG LINES.

Daily Cost DetailsCode Remarks Daily Exp Cum ExpIDC Vendor

20.950.103IDC - DRILL - CONTRAC $22,500 $45,000RIG & CREWS MOBILIZATIONPRECISION DRILLING20.950.105IDC - DRILL - EQUIPMEN $191 $382FORK LIFT & MAN LIFT RENTPRECISION/ NEFF20.950.114IDC - DRILL - SURFACE $90 $4,2222 X LIGHT TOWERS & TRASHK.C. SERVICES20.950.114IDC - DRILL - SURFACE $60 $4,2222 X FRAC TANKSLEOS TRUCKING20.950.114IDC - DRILL - SURFACE $500 $4,222300 BBL. PRE-MIX & TRANSFPORTABLE MUD SYS.20.950.114IDC - DRILL - SURFACE $186 $4,222COMMUNICATIONS PACKAGRIG NET/ LANDTEL20.950.114IDC - DRILL - SURFACE $650 $4,222HOUSING PACKAGETAN MAR

$24,177 $49,604Total IDC:Total Cumulative Well Costs: $24,177 $49,604

Page 2 of 2 7/22/2015Powered by Production Access

Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs6/6/2015 2 0 01 - Rig Up & Tear Down $24,177 $6,116,398$49,604

Page 5: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/7/2015

Well Name: UNIVERSITY 40-16 1

Report No: 3

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

Surface Location: 1980 FNL, 1757 FWL - WARD, TX

$28,377$77,981

Formation:

Daily Costs:This AFE DHC to Date:

API Code: 4247536999

0Start Depth(ft):

6/9/2015Spud Date:

24 Hr. Footage:

RKB to MSL: 250Ending Depth(ft):

$3,180,125AFE DHC:CODY CHAMBERSBENJAMIN DUCOT

Rig Supervisor 1: 832-314-9929318-509-9166

RKB to CHF:$3,400,564

$0Total w/ Assoc AFEs :

Daily Mud Costs:

PBE1510032AFE #:

-2Days from Spud:Field Name: Wellcore

0RKB to LMF:

RKB to THF:

01 - Rig Up & Tear Down

$77,981This AFE CWC to Date:

Cum Mud Costs: $0Rig Company:

2527.5

Rpt T. Activity:

Precision Drilling 26.5

3Report No:$6,116,398AFE Total:

Rig Supervisor 2:

RIGGING UP DERRICK AND GROUNDOperation Desc:

24-Hour Summary/Remarks: LOAD OUT SUB STRUCTURE, RIG MATS, AND DERRICK. SET IN RIG MATS. SET IN SUB AND CENTER OVER HOLE. INSTALL CENTER STEEL AND DRAWORKS. REMOVE TDS AND REPLACE ROLLERS. PIN DERRICK TO SUB AND SET ON HEADACHE RACK. SET IN BOP WRANGLER AND CATWALK. INSTALL BOARD. ATTACH HYDRAULIC CYLINDERS TO DERRICK. RIG UP ELECTRICAL LINES AND PITS. RIG UP DIESEL LINES TO GEN HOUSES.

RIGGED DOWN- 100%TRANSPORTED- 100%RIGGED UP- 40%Next Day Operations: CONTINUE RIGGING UP GROUND. RAISE DERRICK AND SUB STRUCTURE. RIG UP FLOOR AND PREP FOR SPUD IN.=========================================================================RIG RELEASED FROM UNIVERSITY 21-17 #1R @ 06:00 HRS. ON 6-4-2015.SPUD: XX/XX/2015 @ XX:XX HRS.TOTAL RIG MOVE HRS.: 72 / DAYS: 3TOTAL HRS. FROM SPUD: -----TOTAL DAYS TO TD: -----TOTAL DAYS TO RELEASE: -----DOWNTIME HRS.: 0.0 TODAY / 0.0 TOTAL, PERCENTAGE OF DOWNTIME / NPT: 0%=========================================================================LAST 5" D/P INSPECTION WAS ON THE UNIVERSITY 24-17 #1H, ON 12/20/2014. CAT-4 INSPECTION - CSILAST 4'' D/P INSPECTION WAS ON THE SPECTRE ST. 54-4 #1H ST1, ON 3/8/2015. CAT-4 INSPECTION - CSILAST BHA INSPECTION WAS ON THE UNIVERSITY 21-17 #1R, ON 6/4/2015.CSI.=========================================================================SAFETY MTG.: SAFETY MEETINGS & JSA'S COVERING RIG WITH 3RD PARTY EQUIPMENT, OVERHEAD LOADS, & USE OF TAG LINES.DAYS SINCE LAST LTA: 344ORI'S TODAY: 0CREW SHORTAGES: NONE.// DOUBLES: NONE=========================================================================FLUID LOST TO WELL: 0 BBLS TODAY / 0 TOTAL BBLS, **NO LEAKS OR SPILLS REPORTED OR OBSERVED**==================================================================================================================================================20'' CONDUCTOR CSG SET @ XXX'13 3/8" SURFACE CSG SET @ X,XXX'9 5/8'' INT. CSG SET @ X,XXX'7" INT. CSG SET @ XX,XXX'4.5'' PRO. CASING LINER @ XX,XXX'PROPOSED TD: 12,500'=========================================================================LAST SURVEY:=========================================================================TRRC:

0TVD:

40 / / Sec/Twn/Rng:$3,400,564Total Project Costs:

Rig Name: Precision 594Develop To: 0

JAMES WALKER 318-780-1745Tool Pusher:

Abstract: U39Location Survey: UL

BOP Test and Inspection Dates

Last BOP Drill Date:Last BOP Test:

BOP Test Due:Last Inspection:Days Since BOP Tested:

Time Wind Dir Wind Knots Sky Conditions Temp RemarksWeather

Hours Summary ( Daily / Cumulative )0.00Drilling 0.00Rotating 0.00Trips 0.00Circulating 0.00Down 24.00Other0 0 0 0 0 72

CodeOperations

Start Hrs Remarks RunEnd DepthStart Depth

016:00 24.00 LOAD OUT SUB STRUCTURE, RIG MATS, AND DERRICK. SET IN RIG MATS. SET IN SUB AND CENTER OVER HOLE. INSTALL CENTER STEAL AND DRAWORKS. REMOVE TDS AND REPLACE ROLLERS. PIN DERRICK TO SUB AND SET ON HEADACHE RACK. SET IN BOP WRANGLER AND CATWALK. INSTALL BOARD. ATTACH HYDRAULIC CYLINDERS TO DERRICK. RIG UP ELECTRICAL LINES AND PITS. RIG UP DIESEL LINES TO GEN HOUSES.

NIH00

24.00Total:

Page 1 of 2 7/22/2015Powered by Production Access

Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs6/7/2015 3 0 01 - Rig Up & Tear Down $28,377 $6,116,398$77,981

Page 6: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/7/2015

Well Name: UNIVERSITY 40-16 1

Report No: 3

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

Drilling Data

ROP:00Hook Load:0Pres on Bot: Press Off Bot:0.00

Slack Off: 0Over Pull:Kickoff Depth: 0

00

Pick Up:

Crew Status: ON Remarks: NONE0WOB: Motor RPM: 0Torque:0Rotary RPM:

0.00BHA Hours:

Pump No Model Liner Size Stroke Max PSI Max SPM SPM GPM Press. Slow Pump Rates/Pres.Mud Pumps

FD-1600 6 12 4450 1151 0 00 0/0 0/00/0FD-1600 6 12 4450 1152 0 00 0/0 0/00/0

Company Qty. HoursService Company Qty. HoursServicePersonnel Data

ANCHOR DRILLING FL 1 24.00MUD ENGINEER New Prospect Company 2 24.00CO MANPrecision Drilling 11 132.00Rig Crews

180.00Totals 14.00

PersonnelFirst AidType Date Activity Company Name

Health Safety and Environment

Lost Time

Med Visit

Drilling 6/7/2015 PRECISION / ENERGEN / RED RIVER TRANSPORTALL RIG PERSONELSAFETY MEETINGS & JSA'S COVERING RIG WITH 3RD PARTY EQUIPMENT, OVERHEAD LOADS, & USE OF TAG LINES.

Daily Cost DetailsCode Remarks Daily Exp Cum ExpIDC Vendor

20.950.103IDC - DRILL - CONTRAC $22,500 $67,500RIG & CREWS MOBILIZATIONPRECISION DRILLING20.950.105IDC - DRILL - EQUIPMEN $191 $573FORK LIFT & MAN LIFT RENTPRECISION/ NEFF20.950.114IDC - DRILL - SURFACE $650 $9,908HOUSING PACKAGETAN MAR20.950.114IDC - DRILL - SURFACE $4,200 $9,908RIG UP WATER TANKS FOR PRIME TIME WATER S20.950.114IDC - DRILL - SURFACE $90 $9,9082 X LIGHT TOWERS & TRASHK.C. SERVICES20.950.114IDC - DRILL - SURFACE $60 $9,9082 X FRAC TANKSLEOS TRUCKING20.950.114IDC - DRILL - SURFACE $500 $9,908300 BBL. PRE-MIX & TRANSFPORTABLE MUD SYS.20.950.114IDC - DRILL - SURFACE $186 $9,908COMMUNICATIONS PACKAGRIG NET/ LANDTEL

$28,377 $77,981Total IDC:Total Cumulative Well Costs: $28,377 $77,981

Page 2 of 2 7/22/2015Powered by Production Access

Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs6/7/2015 3 0 01 - Rig Up & Tear Down $28,377 $6,116,398$77,981

Page 7: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/8/2015

Well Name: UNIVERSITY 40-16 1

Report No: 4

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

Surface Location: 1980 FNL, 1757 FWL - WARD, TX

$38,765$116,746

Formation:

Daily Costs:This AFE DHC to Date:

API Code: 4247536999

0Start Depth(ft):

6/9/2015Spud Date:

24 Hr. Footage:

RKB to MSL: 250Ending Depth(ft):

$3,180,125AFE DHC:CODY CHAMBERSBENJAMIN DUCOT

Rig Supervisor 1: 832-314-9929318-509-9166

RKB to CHF:$3,400,564

$0Total w/ Assoc AFEs :

Daily Mud Costs:

PBE1510032AFE #:

-1Days from Spud:Field Name: Wellcore

0RKB to LMF:

RKB to THF:

01 - Rig Up & Tear Down

$116,746This AFE CWC to Date:

Cum Mud Costs: $0Rig Company:

2527.5

Rpt T. Activity:

Precision Drilling 26.5

4Report No:$6,116,398AFE Total:

Rig Supervisor 2:

RIGGING UP GROUND AND FLOOROperation Desc:

24-Hour Summary/Remarks: RE-POSITION TOP DRIVE TRACK. PREP DERRICK TO BE RAISED. PERFORM HYDRAULIC CYLINDER BLEED OFF PROCEDURE. RAISE DERRICK AND PIN. UN-PIN HYDRAULIC CYLINDERS FROM DERRICK AND RE-POSITION TO SUB STRUCTURE. RIG UP WIRE TREY AND RUN ELECTRICAL LINES TO RIG FLOOR. RIG UP STAND PIPE. RIG UP SUB AND PREP TO RAISE SUB STRUCTURE. PERFORM BLEED OFF PROCEDURE TO SUBS HYDRAULIC CYLINDERS. RAISE AND PIN SUB STRUCTURE. INSTALL FLOWLINE AND RIG UP CATWALK AND V-DOOR. RIG UP PIPE WRANGLER. RIG UP MISC. ON GROUND AND PITS. UN-HANG BLOCKS AND PIN TO TOP DRIVE. RIG UP MISC. ON RIG FLOOR. HANG TONGS, RIG UP ST-80, .... ETC.

TRANSPORTED- 100%RIGGED UP- 80%Next Day Operations: CONTINUE RIGGING UP GROUND AND FLOOR. INSTALL CONDUCTOR. PREP BHA AND MAKE UP BHA #1. SPUD IN WELL=========================================================================RIG RELEASED FROM UNIVERSITY 21-17 #1R @ 06:00 HRS. ON 6-4-2015.SPUD: XX/XX/2015 @ XX:XX HRS.TOTAL RIG MOVE HRS.: 96 / DAYS: 4TOTAL HRS. FROM SPUD: -----TOTAL DAYS TO TD: -----TOTAL DAYS TO RELEASE: -----DOWNTIME HRS.: 0.0 TODAY / 0.0 TOTAL, PERCENTAGE OF DOWNTIME / NPT: 0%=========================================================================LAST 5" D/P INSPECTION WAS ON THE UNIVERSITY 24-17 #1H, ON 12/20/2014. CAT-4 INSPECTION - CSILAST 4'' D/P INSPECTION WAS ON THE SPECTRE ST. 54-4 #1H ST1, ON 3/8/2015. CAT-4 INSPECTION - CSILAST BHA INSPECTION WAS ON THE UNIVERSITY 21-17 #1R, ON 6/4/2015.CSI.=========================================================================SAFETY MTG.:SAFETY MEETING ON RAISING DERRICK AND SUB. JSA ON HEAVY LIFTING AND OVERHEAD LOADS.DAYS SINCE LAST LTA: 345ORI'S TODAY: 0CREW SHORTAGES: NONE.// DOUBLES: NONE=========================================================================FLUID LOST TO WELL: 0 BBLS TODAY / 0 TOTAL BBLS, **NO LEAKS OR SPILLS REPORTED OR OBSERVED**==================================================================================================================================================20'' CONDUCTOR CSG SET @ XXX'13 3/8" SURFACE CSG SET @ X,XXX'9 5/8'' INT. CSG SET @ X,XXX'7" INT. CSG SET @ XX,XXX'4.5'' PRO. CASING LINER @ XX,XXX'PROPOSED TD: 12,500'=========================================================================LAST SURVEY:=========================================================================TRRC:

0TVD:

40 / / Sec/Twn/Rng:$3,400,564Total Project Costs:

Rig Name: Precision 594Develop To: 0

JAMES WALKER 318-780-1745Tool Pusher:

Abstract: U39Location Survey: UL

BOP Test and Inspection Dates

Last BOP Drill Date:Last BOP Test:

BOP Test Due:Last Inspection:Days Since BOP Tested:

Date Run Size Weight GradeCasing Top Shoe TestDrift TDHole SizeSet DepthCasing

Type6/8/2015 54.50 J-5527.50 10.0012.615 1440.0017.50013.3751440.18 Surface

Stage

ReciprocateRotate

Bump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

1 0 600 086 CirculatedSpacer, 20, 0, FRESH WATER, , 0, 0No.1Tail, 0, 1315, 4% GEL + 1/4#/SK CELLO FLAKE + 5% SALT + .004 GPS CF-41L, Class C, 1.79, 13.5No.2Displacement, 216, 0, FRESH WATER, , 0, 0No.3

Time Wind Dir Wind Knots Sky Conditions Temp RemarksWeather

Page 1 of 2 7/22/2015Powered by Production Access

Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs6/8/2015 4 0 01 - Rig Up & Tear Down $38,765 $6,116,398$116,746

Page 8: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/8/2015

Well Name: UNIVERSITY 40-16 1

Report No: 4

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

Hours Summary ( Daily / Cumulative )0.00Drilling 0.00Rotating 0.00Trips 0.00Circulating 0.00Down 24.00Other0 0 0 0 0 96

CodeOperations

Start Hrs Remarks RunEnd DepthStart Depth

016:00 24.00 RE-POSITION TOP DRIVE TRACK. PREP DERRICK TO BE RAISED. PERFORM HYDRAULIC CYLINDER BLEED OFF PROCEDURE. RAISE DERRICK AND PIN. UN-PIN HYDRAULIC CYLINDERS FROM DERRICK AND RE-POSITION TO SUB STRUCTURE. RIG UP WIRE TREY AND RUN ELECTRICAL LINES TO RIG FLOOR. RIG UP STAND PIPE. RIG UP SUB AND PREP TO RAISE SUB STRUCTURE. PERFORM BLEED OFF PROCEDURE TO SUBS HYDRAULIC CYLINDERS. RAISE AND PIN SUB STRUCTURE. INSTALL FLOWLINE AND RIG UP CATWALK AND V-DOOR. RIG UP PIPE WRANGLER. RIG UP MISC. ON GROUND AND PITS. UN-HANG BLOCKS AND PIN TO TOP DRIVE. RIG UP MISC. ON RIG FLOOR. HANG TONGS, RIG UP ST-80, .... ETC.

NIH00

24.00Total:Drilling Data

ROP:00Hook Load:0Pres on Bot: Press Off Bot:0.00

Slack Off: 0Over Pull:Kickoff Depth: 0

00

Pick Up:

Crew Status: ON Remarks: NONE0WOB: Motor RPM: 0Torque:0Rotary RPM:

0.00BHA Hours:Daily Bits

0 1440 1310 93.61310 14.001Jets 14 / 14 / 14 / 14 / 14 / 14 / 14 / 14 1 / 1 / CT / NO / A / 0 / 1 / TDChar (I/O/D/O/L/B/G/R)

FtgBit In Out ROP WOBTot Ftg Hrs RPM

TFA 1.206/8/2015Date In

1BHA

25697Serial No.

0Torq

14.00Tot Hrs

0MRPM

17 1/2Size

Date Out 6/9/2015Ulterra U616SManufac. Type

Ftg MRPMHrs GPMMotor Size Brand TypeMud Motors

Cum Ftg Cum Hrs1 9.675 IMPACT 6/7 5.0 1.5 ADJ .13 RPG 383 6 84644383 6.0

Tot LengthComponent Qty Length OD Avg ID Avg RemarksDrilling Assembly

Bit - PDC - Fixed Cutter 1 1.50 17.500 0.000 1.50 ULTERRA U616S S/N: 25697 9x14's TFA: 1.352Motor - steerable 1 30.75 9.675 0.000 32.25IMPACT 9 7/8" 7/8 // 5.0 STAGE // ADJ. 1.5 BEND // 17" STAB. // MAX DIFF. 1182 // GPM: 600 / 1200 // MAX TORQUE: 24,971 S/N: 96D070DStab - Undergauge 1 8.03 8.487 2.872 40.28 17" NM IBS S/N: 5016Sub - Orienting 1 5.60 8.000 3.250 45.88 HANG OFF SUB S/N: 1179945Monel 1 30.89 8.000 2.987 76.77 NMDC S/N: AWS800-30-5086Sub - Shock 1 11.74 7.875 2.872 88.51 8" SHOCK SUB S/N: SD900154Sub - XO 1 3.21 7.875 2.872 91.72 X-O SUB 6 5/8 REG x 4 1/2 XH S/N: 1305Drill collar 12 365.79 6.500 2.875 457.51 6.5" DRILL COLLARSSub - XO 1 3.39 6.500 2.750 460.90 X-O SUB 4 1/2 XH x 4 1/2 IF S/N: 5120HWDP 9 278.04 5.000 3.000 738.94 5" HWDP

Pump No Model Liner Size Stroke Max PSI Max SPM SPM GPM Press. Slow Pump Rates/Pres.Mud Pumps

FD-1600 6 12 4450 1151 0 00 0/0 0/00/0FD-1600 6 12 4450 1152 0 00 0/0 0/00/0

Item Received Used LostBeg Inv Transfrd End InvUnitsInventory

Diesel 0 0 0 70000 7000gal

Company Qty. HoursService Company Qty. HoursServicePersonnel Data

ANCHOR DRILLING FL 1 24.00MUD ENGINEER New Prospect Company 2 24.00CO MANPrecision Drilling 11 132.00Rig Crews

180.00Totals 14.00

PersonnelFirst AidType Date Activity Company Name

Health Safety and Environment

Lost Time

Med Visit

Drilling 6/7/2015 PRECISION/ENERGEN/RED STONE TRANSPORTALL RIG PERSONELSAFETY MEETING ON RAISING DERRICK AND SUB. JSA ON HEAVY LIFTING AND OVERHEAD LOADS.

Drilling 6/8/2015 ENERGENNOTIFY TRRC OF INTENT TO SPUD AND SET SURFACE CASING @ 15:00 HRS. 6-8-2015 JOB # 8028.

Daily Cost DetailsCode Remarks Daily Exp Cum ExpIDC Vendor

20.950.103IDC - DRILL - CONTRAC $22,500 $90,000RIG & CREWS MOBILIZATIONPRECISION DRILLING20.950.105IDC - DRILL - EQUIPMEN $191 $764FORK LIFT & MAN LIFT RENTPRECISION/ NEFF20.950.106IDC - DRILL - FUEL $14,588 $14,588DELIVER 7000 GAL OFF ROABlue Streak Transportati20.950.114IDC - DRILL - SURFACE $60 $11,3942 X FRAC TANKSLEOS TRUCKING20.950.114IDC - DRILL - SURFACE $90 $11,3942 X LIGHT TOWERS & TRASHK.C. SERVICES20.950.114IDC - DRILL - SURFACE $650 $11,394HOUSING PACKAGETAN MAR20.950.114IDC - DRILL - SURFACE $186 $11,394COMMUNICATIONS PACKAGRIG NET/ LANDTEL20.950.114IDC - DRILL - SURFACE $500 $11,394300 BBL. PRE-MIX & TRANSFPORTABLE MUD SYS.

$38,765 $116,746Total IDC:Total Cumulative Well Costs: $38,765 $116,746

Page 2 of 2 7/22/2015Powered by Production Access

Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs6/8/2015 4 0 01 - Rig Up & Tear Down $38,765 $6,116,398$116,746

Page 9: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/9/2015

Well Name: UNIVERSITY 40-16 1

Report No: 5

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

Surface Location: 1980 FNL, 1757 FWL - WARD, TX

Surface

$357,373$474,119

Formation:

Daily Costs:This AFE DHC to Date:

API Code: 4247536999

130Start Depth(ft):

6/9/2015Spud Date:

24 Hr. Footage:

RKB to MSL: 25513Ending Depth(ft):

$3,180,125AFE DHC:MICHAEL MCCARTCODY CHAMBERS

Rig Supervisor 1: 940-366-6615832-314-9929

RKB to CHF:$3,400,564

$9,927Total w/ Assoc AFEs :

Daily Mud Costs:

PBE1510032AFE #:

1Days from Spud:Field Name: Wellcore

383RKB to LMF:

RKB to THF:

02 - Drilling

$474,119This AFE CWC to Date:

Cum Mud Costs: $9,927Rig Company:

2527.5

Rpt T. Activity:

Precision Drilling 26.5

5Report No:$6,116,398AFE Total:

Rig Supervisor 2:

DRILLING AHEAD IN 17 1/2" SURFACE HOLE @ 513'Operation Desc:

24-Hour Summary/Remarks: CONTINUE RIGGING UP GROUND AND FLOOR. PICK UP AND MAKE UP BHA #1 AND BIT #1. SPUD IN WELL @ 00:00 ON 6-9-2015. DRILL AHEAD IN 17 1/2" SURFACE SECTION F/ 130' T/ 513'

24 HOUR FOOTAGE: 383AVG ROP: 64 FPHNext Day Operations: DRILL AHEAD IN 17 1/2" SURFACE HOLE TO TD. POOH AND LAY DOWN BHA #1. RUN 13 3/8" CASING. CEMENT 13 3/8" CASING=========================================================================RIG RELEASED FROM UNIVERSITY 21-17 #1R @ 06:00 HRS. ON 6-4-2015.SPUD: 06/09/2015 @ 00:00 HRS.TOTAL RIG MOVE HRS.: 106 / DAYS: 4.42TOTAL HRS. FROM SPUD: 6TOTAL DAYS TO TD: -----TOTAL DAYS TO RELEASE: -----DOWNTIME HRS.: 0.0 TODAY / 0.0 TOTAL, PERCENTAGE OF DOWNTIME / NPT: 0%=========================================================================LAST 5" D/P INSPECTION WAS ON THE UNIVERSITY 24-17 #1H, ON 12/20/2014. CAT-4 INSPECTION - CSILAST 4'' D/P INSPECTION WAS ON THE SPECTRE ST. 54-4 #1H ST1, ON 3/8/2015. CAT-4 INSPECTION - CSILAST BHA INSPECTION WAS ON THE UNIVERSITY 21-17 #1R, ON 6/4/2015.CSI.=========================================================================SAFETY MTG: RIGGING UP TOP DRIVE SYSTEM. LOCK OUT / TAG OUT. JSA'S ON PICKING UP COLLARS, PROPER LIFTING TECHINQUEDAYS SINCE LAST LTA: 346ORI'S TODAY: 0CREW SHORTAGES: NONE.// DOUBLES: NONE=========================================================================FLUID LOST TO WELL: 0 BBLS TODAY / 0 TOTAL BBLS, **NO LEAKS OR SPILLS REPORTED OR OBSERVED**=========================================================================BHA #117 ½" ULTERRA U616S BIT // 9 5/8" 6/7 5.0 STAGE ADJUSTABLE BEND 1.5 W/ 17" STABILIZER // 17" STEEL IBS // 8" NMDC // 8" HANG-OFF SUB // 8" NMDC // 8" SHOCK SUB // X-O SUB 6 5/8 REG x 4 ½ XH // 12 x 6 ½" DRILL COLLARS // X-O SUB 4 ½ XH x 4 ½ IF // 9 x HWDP ( DRILLING HOURS: 6 // CIRC HOURS: O )=========================================================================20'' CONDUCTOR CSG SET @ XXX'13 3/8" SURFACE CSG SET @ X,XXX'9 5/8'' INT. CSG SET @ X,XXX'7" INT. CSG SET @ XX,XXX'4.5'' PRO. CASING LINER @ XX,XXX'PROPOSED TD: 12,500'=========================================================================LAST SURVEY:=========================================================================TRRC:NOTIFY TRRC OF INTENT TO SPUD @ 15:00 HRS 6-8-2015

513TVD:

40 / / Sec/Twn/Rng:$3,400,564Total Project Costs:

Rig Name: Precision 594Develop To: 0

JAMES WALKER 318-780-1745Tool Pusher:

Abstract: U39Location Survey: UL

Surveys

Survey No. Inclination Azimuth TVD Vert Sect N/S(+/-) E/W(+/-) DLSSurvey Date Tie In Meas. Depth Des Azi1 275 0.35 122.91 275.00 -0.46 -0.46 0.71 0.136/9/2015 0.00

Date Run Size Weight GradeCasing Top Shoe TestDrift TDHole SizeSet DepthCasing

Type6/8/2015 54.50 J-5527.50 10.0012.615 1440.0017.50013.3751440.18 Surface

Stage

ReciprocateRotate

Bump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

1 0 600 086 CirculatedSpacer, 20, 0, FRESH WATER, , 0, 0No.1Tail, 0, 1315, 4% GEL + 1/4#/SK CELLO FLAKE + 5% SALT + .004 GPS CF-41L, Class C, 1.79, 13.5No.2Displacement, 216, 0, FRESH WATER, , 0, 0No.3

Time Wind Dir Wind Knots Sky Conditions Temp RemarksWeather

Page 1 of 3 7/22/2015Powered by Production Access

Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs6/9/2015 5 513 02 - Drilling 8.4 $357,373 $6,116,398$474,119

Page 10: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/9/2015

Well Name: UNIVERSITY 40-16 1

Report No: 5

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

BOP Test and Inspection Dates

Last BOP Drill Date:Last BOP Test:

BOP Test Due:Last Inspection:Days Since BOP Tested:

Mud Properties

8.40 539 10 3/5/7 100.0 0.0 0

10.00 0.70 0.20 0.40 32020000 00.13 00.00

23:00130

0.0

0.0 0

FL FC

pH

HTFLTime

CaCl2Lime Mud LostEDTA

Wt In PVVis YP Gels

Pm Pf Mf CaCl

Depth

LCM

MBT ES

0.0

8.40 0.0%4.0% 0.0%96.0%

0.00 320

SandSolid OilWater

ECD

Wt Out

Pom O/W RatioTotal Sal.

FL Temp

0.00HTFC

0Water Lost Remarks

Hours Summary ( Daily / Cumulative )6.00Drilling 6.00Rotating 4.00Trips 0.00Circulating 0.00Down 14.00Other6 6 4 0 0 110

CodeOperations

Start Hrs Remarks RunEnd DepthStart Depth

016:00 10.00 RIG UP MISC GROUND RUN PVC FROM STEEL PITS TO RESERVE. HOOK UP REMAINIG ELECTRICAL LINES. HOOK UP VIBRATING HOSES TO PUMPS AND TANKS. RIG UP SHAKER SCREENS AND SHAKER SLIDE. RIG UP MISC FLOOR HOOK UP SERVICE LOOP TO TDS RUN DIAGNOSTICS ON TDS ELECTRICAL SYSTEM. INSTALL BELLS AND ELEVATORS. PICK UP 5" HANDLEING TOOLS. INSTALL 4 1/2" IF SAVER SUB AND 5" DIE BLOCKS. HOOK UP LINK TILTS TO BELLS. INSTALL MOUSEHOLE. LOAD RACKS AND STAGE BHA.

NIH00

1416:00 4.00 INSTALL 20" CONDUCTOR AND NIPPLE UP SAME. INSTALL FLOWLINE AND FILL UP LINE. HOOK UP TURNBUCKLES AND CENTER 20" CONDUCTOR

NIH00

0620:00 4.00 PICK UP AND MAKE UP BHA #1. SCRIBE MOTOR AND TEST MWD 100020:00 6.00 SPUD IN WELL. DRILL F/ 130' T/ 513' ( 383' @ 64 FPH ) WOB: 20K RPM: 65 GPM: 650 MM

RPM: 84 TOTAL RPM: 149 MUD WT: 8.4 VIS: 39.1513130

24.00Total:Drilling Data

ROP:9000088000Hook Load:1250Pres on Bot: Press Off Bot:63.83

Slack Off: 2000Over Pull:Kickoff Depth: 0

830001500

Pick Up:

Crew Status: ON Remarks: NONE6520WOB: Motor RPM: 8000Torque:84Rotary RPM:

6.00BHA Hours:Daily Bits

0 1440 1310 93.61310 14.001Jets 14 / 14 / 14 / 14 / 14 / 14 / 14 / 14 1 / 1 / CT / NO / A / 0 / 1 / TDChar (I/O/D/O/L/B/G/R)

FtgBit In Out ROP WOBTot Ftg Hrs RPM

TFA 1.206/8/2015Date In

1BHA

25697Serial No.

0Torq

14.00Tot Hrs

0MRPM

17 1/2Size

Date Out 6/9/2015Ulterra U616SManufac. Type

Ftg MRPMHrs GPMMotor Size Brand TypeMud Motors

Cum Ftg Cum Hrs1 9.675 IMPACT 6/7 5.0 1.5 ADJ .13 RPG 383 6 84644383 6.0

Tot LengthComponent Qty Length OD Avg ID Avg RemarksDrilling Assembly

Bit - PDC - Fixed Cutter 1 1.50 17.500 0.000 1.50 ULTERRA U616S S/N: 25697 9x14's TFA: 1.352Motor - steerable 1 30.75 9.675 0.000 32.25IMPACT 9 7/8" 7/8 // 5.0 STAGE // ADJ. 1.5 BEND // 17" STAB. // MAX DIFF. 1182 // GPM: 600 / 1200 // MAX TORQUE: 24,971 S/N: 96D070DStab - Undergauge 1 8.03 8.487 2.872 40.28 17" NM IBS S/N: 5016Sub - Orienting 1 5.60 8.000 3.250 45.88 HANG OFF SUB S/N: 1179945Monel 1 30.89 8.000 2.987 76.77 NMDC S/N: AWS800-30-5086Sub - Shock 1 11.74 7.875 2.872 88.51 8" SHOCK SUB S/N: SD900154Sub - XO 1 3.21 7.875 2.872 91.72 X-O SUB 6 5/8 REG x 4 1/2 XH S/N: 1305Drill collar 12 365.79 6.500 2.875 457.51 6.5" DRILL COLLARSSub - XO 1 3.39 6.500 2.750 460.90 X-O SUB 4 1/2 XH x 4 1/2 IF S/N: 5120HWDP 9 278.04 5.000 3.000 738.94 5" HWDP

Pump No Model Liner Size Stroke Max PSI Max SPM SPM GPM Press. Slow Pump Rates/Pres.Mud Pumps

FD-1600 6 12 4450 1151 322 150077 0/0 0/00/0FD-1600 6 12 4450 1152 322 150077 0/0 0/00/0

Item Received Used LostBeg Inv Transfrd End InvUnitsInventory

Diesel 722 0 0 82787000 2000gal

Company Qty. HoursService Company Qty. HoursServicePersonnel Data

ANCHOR DRILLING FL 1 24.00MUD ENGINEER New Prospect Company 2 24.00CO MANPrecision Drilling 11 132.00Rig Crews

180.00Totals 14.00

PersonnelFirst AidType Date Activity Company Name

Health Safety and Environment

Lost Time

Med Visit

Drilling 6/8/2015 PRECISION / ENERGEN ALL RIG PERSONELRIGGING UP TOP DRIVE SYSTEM. LOCK OUT / TAG OUT. JSA'S ON PICKING UP COLLARS, PROPER LIFTING TECHINQUE

Page 2 of 3 7/22/2015Powered by Production Access

Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs6/9/2015 5 513 02 - Drilling 8.4 $357,373 $6,116,398$474,119

Page 11: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/9/2015

Well Name: UNIVERSITY 40-16 1

Report No: 5

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

Daily Cost DetailsCode Remarks Daily Exp Cum ExpIDC Vendor

20.950.030IDC - ROAD & SITE CON $175,000 $175,000ROADS AND LOCATION / PIT Unknown20.950.070IDC - INSURANCE & BO $10,000 $10,000INS AND BOND CONTINGENVarious20.950.080IDC - PERMITS SURVEY $45,000 $45,000PERMITS AND SURVEYS COVarious20.950.103IDC - DRILL - CONTRAC $22,500 $112,500RIG & CREWS MOBILIZATIONPRECISION DRILLING20.950.105IDC - DRILL - EQUIPMEN $191 $955FORK LIFT & MAN LIFT RENTPRECISION/ NEFF20.950.106IDC - DRILL - FUEL $14,58820.950.107IDC - DRILL - EQUIPMEN $1,126 $2,014DELIVER DIRECTIONAL TOOTOM-E-LEE TRUCKING 20.950.107IDC - DRILL - EQUIPMEN $444 $2,014DELIVER MWD TOOLS TO LORAM ROD TRUCKING, I20.950.107IDC - DRILL - EQUIPMEN $444 $2,014DELIVER MWD TRAILER TO LRAM ROD TRUCKING, I20.950.109IDC - DRILL - DIRECTIO $16,255 $16,255DAILY DIRECTIONAL COSTSPREMIER DIRECTIONA20.950.111IDC - DRILL - MOBDEMO $75,000 $75,000RIG MOVE TO UNIVERSITY 4RED STONE OPERATI20.950.114IDC - DRILL - SURFACE $90 $12,8802 X LIGHT TOWERS & TRASHK.C. SERVICES20.950.114IDC - DRILL - SURFACE $60 $12,8802 X FRAC TANKSLEOS TRUCKING20.950.114IDC - DRILL - SURFACE $500 $12,880300 BBL. PRE-MIX & TRANSFPORTABLE MUD SYS.20.950.114IDC - DRILL - SURFACE $650 $12,880HOUSING PACKAGETAN MAR20.950.114IDC - DRILL - SURFACE $186 $12,880COMMUNICATIONS PACKAGRIG NET/ LANDTEL

$347,446 $474,119Total IDC:Total Cumulative Well Costs: $347,446 $474,119

Page 3 of 3 7/22/2015Powered by Production Access

Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs6/9/2015 5 513 02 - Drilling 8.4 $357,373 $6,116,398$474,119

Page 12: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/10/2015

Well Name: UNIVERSITY 40-16 1

Report No: 6

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

Surface Location: 1980 FNL, 1757 FWL - WARD, TX

$96,361$570,480

Formation:

Daily Costs:This AFE DHC to Date:

API Code: 4247536999

513Start Depth(ft):

6/9/2015Spud Date:

24 Hr. Footage:

RKB to MSL: 251440Ending Depth(ft):

$3,180,125AFE DHC:MICHAEL MCCARTCODY CHAMBERS

Rig Supervisor 1: 940-366-6615832-314-9929

RKB to CHF:$3,400,564

$9,927Total w/ Assoc AFEs :

Daily Mud Costs:

PBE1510032AFE #:

2Days from Spud:Field Name: Wellcore

927RKB to LMF:

RKB to THF:

12 - Run Casing & Cement

$570,480This AFE CWC to Date:

Cum Mud Costs: $19,854Rig Company:

2527.5

Rpt T. Activity:

Precision Drilling 26.5

6Report No:$6,116,398AFE Total:

Rig Supervisor 2:

WAIT ON CEMENTOperation Desc:

24-Hour Summary/Remarks: DRILL AHEAD IN 17 1/2" HOLE SECTION F/ 513' T/ 1440'. CIRCULATE HOLE CLEAN AND POOH FOR 13 3/8" CASING RUN. RIG UP CASING CREW AND RUN 35 JOINTS OF 13 3/8" CASING. RIG UP CEMENTERS AND CEMENT 13 3/8" CASING. RIG DOWN CEMENTERS.

TOTAL 24 HOUR FOOTAGE: 927AVG ROP: 116Next Day Operations: INSTALL WELLHEAD. NIPPLE UP BOP'S / TEST BOP'S. MAKE UP BHA #2 AND DRILL AHEAD IN 12 1/4" HOLE SECTION.=========================================================================RIG RELEASED FROM UNIVERSITY 21-17 #1R @ 06:00 HRS. ON 6-4-2015.SPUD: 06/09/2015 @ 00:00 HRS.TOTAL RIG MOVE HRS.: 106 / DAYS: 4.42TOTAL HRS. FROM SPUD: 30TOTAL DAYS TO TD: -----TOTAL DAYS TO RELEASE: -----DOWNTIME HRS.: 1 TODAY / 1 TOTAL, PERCENTAGE OF DOWNTIME / NPT: 1%=========================================================================LAST 5" D/P INSPECTION WAS ON THE UNIVERSITY 24-17 #1H, ON 12/20/2014. CAT-4 INSPECTION - CSILAST 4'' D/P INSPECTION WAS ON THE SPECTRE ST. 54-4 #1H ST1, ON 3/8/2015. CAT-4 INSPECTION - CSILAST BHA INSPECTION WAS ON THE UNIVERSITY 21-17 #1R, ON 6/4/2015.CSI.=========================================================================SAFETY MTG:JSA'S & SAFETY MEETINGS OVER, MAKING CONNECTIONS, MIXING CHEMICALS, DAILY HOUSEKEEPING, SETTING PULLING SLIPS.DAYS SINCE LAST LTA: 347ORI'S TODAY: 0CREW SHORTAGES: NONE.// DOUBLES: 0=========================================================================FLUID LOST TO WELL: 0 BBLS TODAY / 0 TOTAL BBLS, **NO LEAKS OR SPILLS REPORTED OR OBSERVED**=========================================================================BHA #117 ½" ULTERRA U616S BIT // 9 5/8" 6/7 5.0 STAGE ADJUSTABLE BEND 1.5 W/ 17" STABILIZER // 17" STEEL IBS // 8" NMDC // 8" HANG-OFF SUB // 8" NMDC // 8" SHOCK SUB // X-O SUB 6 5/8 REG x 4 ½ XH // 12 x 6 ½" DRILL COLLARS // X-O SUB 4 ½ XH x 4 ½ IF // 9 x HWDP ( DRILLING HOURS: 14 // CIRC HOURS: 3 TOTAL HOURS: 17 )REASON PULLED: SURFACE CASING POINTBIT GRADE: 1/1=========================================================================20'' CONDUCTOR CSG SET @ 130'

13 3/8" SURFACE CSG SET @ 1,440'WEATHERFORD FLOAT SHOE @ 1,440.18'1 JOINT 13 3/8" 54.5# J-55 BTC CASINGWEATHERFORD FLOAT COLLAR @ 1,397.43'34 JOINTS 13 3/8" 54.5# J-55 BTC CASINGTOTAL CENTRALIZERS: 12 1 CENTRALIZER ON FIRST JOINT @ 1,415'1 CENTRALIZER EVERY 3RD JOINT TO 77'

9 5/8'' INT. CSG SET @ X,XXX'7" INT. CSG SET @ XX,XXX'4.5'' PRO. CASING LINER @ XX,XXX'PROPOSED TD: 12,500'=========================================================================LAST SURVEY:DEPTH: 1,375'INC: .73AZM: 281.29=========================================================================TRRC:NOTIFY TRRC OF INTENT TO SPUD AND SURFACE CASING @ 15:00 HRS 6-8-2015

0TVD:

40 / / Sec/Twn/Rng:$3,400,564Total Project Costs:

Rig Name: Precision 594Develop To: 0

JAMES WALKER 318-780-1745Tool Pusher:

Abstract: U39Location Survey: UL

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Page 13: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/10/2015

Well Name: UNIVERSITY 40-16 1

Report No: 6

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

BOP Test and Inspection Dates

Last BOP Drill Date:Last BOP Test:

BOP Test Due:Last Inspection:Days Since BOP Tested:

Surveys

Survey No. Inclination Azimuth TVD Vert Sect N/S(+/-) E/W(+/-) DLSSurvey Date Tie In Meas. Depth Des Azi2 517 0.38 193.71 516.99 -1.64 -1.64 1.14 0.186/10/2015 0.003 972 0.40 312.50 971.98 -2.03 -2.03 -0.39 0.156/10/2015 0.004 1375 0.73 281.29 1374.96 -0.58 -0.58 -3.95 0.116/10/2015 0.00

Date Run Size Weight GradeCasing Top Shoe TestDrift TDHole SizeSet DepthCasing

Type6/8/2015 54.50 J-5527.50 10.0012.615 1440.0017.50013.3751440.18 Surface

Stage

ReciprocateRotate

Bump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

1 0 600 086 CirculatedSpacer, 20, 0, FRESH WATER, , 0, 0No.1Tail, 0, 1315, 4% GEL + 1/4#/SK CELLO FLAKE + 5% SALT + .004 GPS CF-41L, Class C, 1.79, 13.5No.2Displacement, 216, 0, FRESH WATER, , 0, 0No.3

Time Wind Dir Wind Knots Sky Conditions Temp RemarksWeather

Mud Properties

9.40 538 10 3/5/7 100.0 0.0 0

10.00 0.70 0.20 0.40 90045000 00.13 00.00

23:001440

0.0

0.0 0

FL FC

pH

HTFLTime

CaCl2Lime Mud LostEDTA

Wt In PVVis YP Gels

Pm Pf Mf CaCl

Depth

LCM

MBT ES

0.0

9.40 0.0%4.0% 0.0%96.0%

0.00 320

SandSolid OilWater

ECD

Wt Out

Pom O/W RatioTotal Sal.

FL Temp

0.00HTFC

0Water Lost Remarks

Hours Summary ( Daily / Cumulative )8.00Drilling 8.00Rotating 4.00Trips 2.50Circulating 1.00Down 8.50Other14 14 8 3 1 119

CodeOperations

Start Hrs Remarks RunEnd DepthStart Depth

026:00 8.00 ROT & SLIDE DRILL 17 ½” SURFACE HOLE F/ 513' T/ 1,440' ( 927’ @ 116 FPH) // WOB: 10-20K // GPM: 630 // SPM: 150 // SPP: 1,725 // RPM: 60 // MOTOR RPM: 91 // TOTAL RPM: 151 // DIFF. PSI: 150 - 275

**** CONTROL DRILLING @ 300 FPH****

11440513

0514:00 1.50 ROT & RECIPROCATE @ 100 FPM PUMPING 650 GPM, 90 RPM, PUMP FIRST HIGH VIS SWEEP (90 VIS) 80 BBLS, SWEEP BACK TO SURFACE WITH 100% COVERAGE, MIX & PUMP SECOND HIGH VIS SWEEP (90 VIS) 60 BBLS, AND CIRCULATE OUT WITH 10-15% COVERAGE HOLE CLEAN. CALC. 6% EXCESS WASH OUT,

**TUBULAR COUNT CORRECT IN HOLE VS. OUT**

114401440

0615:30 1.50 TOOH TO RUN 13 3/8” CASING F/ 1,440' - T/ 95', (SLM) MONITORING DISPLACEMENT T/F TRIPTANK HOLE TAKING CORRECT DISP.

**NO OVERPULL OR TIGHT SPOT SEEN**

114401440

0617:00 2.00 L/D MONELS, UBHO, STAB, MTR. & BIT, BIT GRADE 2/1, CLEAR RIG FLOOR FOR CASING RUNNING.

114401440

0819:00 1.00 TROUBLESHOOT AND REPAIR PIPE WRANGLER NIH144014400620:00 0.50 LAY DOWN 9 5/8" MOTOR NIH144014401220:30 0.50 HOLD PJSM AND RIG UP BUTCH'S CASING CREW NIH144014401221:00 5.00 MAKE UP SHOE TRACK AND RUN 35 TOTAL JOINTS OF 13 3/8' 54.5# J-55 BTC CASING

// 13 3/8" SURFACE CSG SET @ 1,440'WEATHERFORD FLOAT SHOE @ 1,440.18'1 JOINT 13 3/8" 54.5# J-55 BTC CASINGWEATHERFORD FLOAT COLLAR @ 1,397.43'34 JOINTS 13 3/8" 54.5# J-55 BTC CASINGTOTAL CENTRALIZERS: 12 1 CENTRALIZER ON FIRST JOINT @ 1,415'1 CENTRALIZER EVERY 3RD JOINT TO 77'

NIH14401440

052:00 1.00 CIRCULATE CASING 2X CAPACITY NIH14401440123:00 0.50 HOLD PJSM AND RIG UP O-TEX CEMENTERS NIH14401440123:30 2.00 SWITCH OVER TO O-TEX, CEMENT SURFACE CASING AS FOLLOWS: PRESSURE TEST

LINES TO 2000 PSI. TEST GOOD. PUMP 20 BBL FRESH WATER SPACER. THEN PUMP LEAD SLURRY- 1315 SACKS OF 12.8 PPG 35:65 CLASS C + 6% GEL + 3% SALT + ¼#/SK CELLOFLAKE + CASING. INSTALL CAP. KICK OUT PLUG WITH 10 BBLS FRESHWATER, PUMPED 216 BBLS DISPLACE WITH FRESH WATER DISPLACEMENT. SLOWED 10 BBLS BEFORE END OF DISPLACEMENT AND BUMPED PLUG @ 600 PSI OVERPSI TO 1300. HOLD PRESSURE 2 MINUTES. BLED OFF. BLED BACK 1 BBLS. FLOAT HOLDING FULL CIRCULATION THROUGHOUT CEMENT JOB, CIRCULATED 488 SX (156 BBLS) GOOD CEMENT BACK TO SURFACE.

NIH14401440

125:30 0.50 RIG DOWN CEMENTERS / WAIT ON CEMENT NIH1440144024.00Total:

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Page 14: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/10/2015

Well Name: UNIVERSITY 40-16 1

Report No: 6

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

Drilling Data

ROP:9000088000Hook Load:1250Pres on Bot: Press Off Bot:115.88

Slack Off: 2000Over Pull:Kickoff Depth: 0

830001500

Pick Up:

Crew Status: ON Remarks: NONE6520WOB: Motor RPM: 8000Torque:84Rotary RPM:

0.00BHA Hours:Daily Bits

0 1440 1310 93.61310 14.001Jets 14 / 14 / 14 / 14 / 14 / 14 / 14 / 14 1 / 1 / CT / NO / A / 0 / 1 / TDChar (I/O/D/O/L/B/G/R)

FtgBit In Out ROP WOBTot Ftg Hrs RPM

TFA 1.206/8/2015Date In

1BHA

25697Serial No.

0Torq

14.00Tot Hrs

0MRPM

17 1/2Size

Date Out 6/9/2015Ulterra U616SManufac. Type

Ftg MRPMHrs GPMMotor Size Brand TypeMud Motors

Cum Ftg Cum Hrs1 9.675 IMPACT 6/7 5.0 1.5 ADJ .13 RPG 383 6 84644383 6.0

1440 4910 3470 100.63470 34.502Jets 18 / 18 / 18 / 16 / 16 / 16 / 0 / 0 1 / 1 / CT / NO / N / 0 / 1 / TDChar (I/O/D/O/L/B/G/R)

FtgBit In Out ROP WOBTot Ftg Hrs RPM

TFA 1.356/10/2015

Date In2

BHA29421Serial No.

0Torq

34.50Tot Hrs

0MRPM

12 1/4Size

Date Out 6/13/2015Ulterra U616MManufac. Type

Ftg MRPMHrs GPMMotor Size Brand TypeMud Motors

Cum Ftg Cum Hrs2 7.75 NOV 6/7 4.0 1.5 ADJ .15 RPG 1876 15.5 1137541876 15.5

Tot LengthComponent Qty Length OD Avg ID Avg RemarksDrilling Assembly

Bit - PDC - Fixed Cutter 1 1.00 12.250 0.000 1.00 12 1/4" ULTERRA PDC BIT.Motor - steerable 1 29.90 7.750 0.000 30.90 6/7 4.0 1.5 ADJ .15 RPG MOTOR.Stab - Undergauge 1 6.48 8.250 2.872 37.38 12 1/8" IBSMonel 1 30.82 8.000 2.987 68.20 NMDCSub - Orienting 1 5.60 8.000 3.250 73.80 UBHOMonel 1 30.89 8.000 3.250 104.69 NMDCSub - Shock 1 11.74 7.875 2.872 116.43 SD SHOCK SUB.Sub - XO 1 3.21 7.875 2.872 119.64 XODrill collar 12 365.79 6.500 2.875 485.43 6.5" D.C'SSub - XO 1 3.39 6.500 2.750 488.82 XOHWDP 9 278.04 5.000 3.000 766.86 5" HWDP

Pump No Model Liner Size Stroke Max PSI Max SPM SPM GPM Press. Slow Pump Rates/Pres.Mud Pumps

FD-1600 6 12 4450 1151 322 150077 0/0 0/00/0FD-1600 6 12 4450 1152 322 150077 0/0 0/00/0

Item Received Used LostBeg Inv Transfrd End InvUnitsInventory

Diesel 1481 0 0 67978278 0gal

Company Qty. HoursService Company Qty. HoursServicePersonnel Data

ANCHOR DRILLING FL 1 24.00MUD ENGINEER New Prospect Company 2 24.00CO MANPrecision Drilling 11 132.00Rig Crews

180.00Totals 14.00

PersonnelFirst AidType Date Activity Company Name

Health Safety and Environment

Lost Time

Med Visit

Drilling 6/9/2015 PRECISION, PREMIER, ENERGEN, ANCHORALL PERSONAL ONSITE.JSA'S & SAFETY MEETINGS OVER, MAKING CONNECTIONS, MIXING CHEMICALS, DAILY HOUSEKEEPING, SETTING PULLING SLIPS.

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Page 15: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/10/2015

Well Name: UNIVERSITY 40-16 1

Report No: 6

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

Daily Cost DetailsCode Remarks Daily Exp Cum ExpIDC Vendor

20.950.030IDC - ROAD & SITE CON $175,00020.950.070IDC - INSURANCE & BO $10,00020.950.080IDC - PERMITS SURVEY $45,00020.950.103IDC - DRILL - CONTRAC $23,500 $136,000RIG & CREWSPRECISION DRILLING20.950.105IDC - DRILL - EQUIPMEN $191 $1,146FORK LIFT & MAN LIFT RENTPRECISION/ NEFF20.950.106IDC - DRILL - FUEL $14,58820.950.107IDC - DRILL - EQUIPMEN $2,01420.950.109IDC - DRILL - DIRECTIO $7,725 $23,980DAILY DIRECTIONAL COSTSPREMIER DIRECTIONA20.950.111IDC - DRILL - MOBDEMO $75,00020.950.114IDC - DRILL - SURFACE $60 $15,5662 X FRAC TANKSLEOS TRUCKING20.950.114IDC - DRILL - SURFACE $500 $15,566300 BBL. PRE-MIX & TRANSFPORTABLE MUD SYS.20.950.114IDC - DRILL - SURFACE $650 $15,566HOUSING PACKAGETAN MAR20.950.114IDC - DRILL - SURFACE $90 $15,5662 X LIGHT TOWERS & TRASHK.C. SERVICES20.950.114IDC - DRILL - SURFACE $186 $15,566COMMUNICATIONS PACKAGRIG NET/ LANDTEL20.950.114IDC - DRILL - SURFACE $1,200 $15,5666000 GAL. FRESHWATER FOPRIMETIME WATER SU20.950.117IDC - DRILL - SPECIAL S $3,062 $3,062CASING CREW TO RUN 13 3/Butch's Rathole

$37,164 $521,210Total IDC:Code Remarks Daily Exp Cum ExpTDC Vendor

20.940.106TDC - DE - SURFACE CA $1,585 $49,27013 3/8" FLOAT EQUIPMENTWeatherford20.940.106TDC - DE - SURFACE CA $47,685 $49,27013 3/8" ESTIMATED CASING Sooner Pipe, L.L.P.

$49,270 $49,270Total TDC:Total Cumulative Well Costs: $86,434 $570,480

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Page 16: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/11/2015

Well Name: UNIVERSITY 40-16 1

Report No: 7

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

Surface Location: 1980 FNL, 1757 FWL - WARD, TX

$129,390$699,870

Formation:

Daily Costs:This AFE DHC to Date:

API Code: 4247536999

1440Start Depth(ft):

6/9/2015Spud Date:

24 Hr. Footage:

RKB to MSL: 251440Ending Depth(ft):

$3,180,125AFE DHC:MICHAEL MCCARTCODY CHAMBERS

Rig Supervisor 1: 940-366-6615832-314-9929

RKB to CHF:$3,400,564

$861Total w/ Assoc AFEs :

Daily Mud Costs:

PBE1510032AFE #:

3Days from Spud:Field Name: Wellcore

0RKB to LMF:

RKB to THF:

21 - Other

$699,870This AFE CWC to Date:

Cum Mud Costs: $20,715Rig Company:

2527.5

Rpt T. Activity:

Precision Drilling 26.5

7Report No:$6,116,398AFE Total:

Rig Supervisor 2:

INSTALLING WEAR BUSHINGOperation Desc:

24-Hour Summary/Remarks: WAIT ON CEMENT AND INSTALL WELLHEAD. NIPPLE UP BOP'S. TEST BOP'S. INSTALL WEAR BUSHING.Next Day Operations: MAKE UP BHA #2. TEST CASING. DRILL OUT CEMENT AND FLOAT EQUIPMENT. DRILL AHEAD IN 12 1/4" HOLE SECTION.=========================================================================RIG RELEASED FROM UNIVERSITY 21-17 #1R @ 06:00 HRS. ON 6-4-2015.SPUD: 06/09/2015 @ 00:00 HRS.TOTAL RIG MOVE HRS.: 106 / DAYS: 4.42TOTAL HRS. FROM SPUD: 54TOTAL DAYS TO TD: -----TOTAL DAYS TO RELEASE: -----DOWNTIME HRS.: 0 TODAY / 1 TOTAL, PERCENTAGE OF DOWNTIME / NPT: 1%=========================================================================LAST 5" D/P INSPECTION WAS ON THE UNIVERSITY 24-17 #1H, ON 12/20/2014. CAT-4 INSPECTION - CSILAST 4'' D/P INSPECTION WAS ON THE SPECTRE ST. 54-4 #1H ST1, ON 3/8/2015. CAT-4 INSPECTION - CSILAST BHA INSPECTION WAS ON THE UNIVERSITY 21-17 #1R, ON 6/4/2015.CSI.=========================================================================SAFETY MTG:JSA'S & SAFETY MEETINGS OVER, NIPPLING UP B.O.P, TESTING B.O.P, OVERHEAD LOADS, MAKING CONNECTIONS, MIXING CHEMICALS, DAILY HOUSEKEEPING, SETTING PULLING SLIPSDAYS SINCE LAST LTA: 348ORI'S TODAY: 0CREW SHORTAGES: NONE.// DOUBLES: 0=========================================================================FLUID LOST TO WELL: 0 BBLS TODAY / 0 TOTAL BBLS, **NO LEAKS OR SPILLS REPORTED OR OBSERVED**=========================================================================BHA #117 ½" ULTERRA U616S BIT // 9 5/8" 6/7 5.0 STAGE ADJUSTABLE BEND 1.5 W/ 17" STABILIZER // 17" STEEL IBS // 8" NMDC // 8" HANG-OFF SUB // 8" NMDC // 8" SHOCK SUB // X-O SUB 6 5/8 REG x 4 ½ XH // 12 x 6 ½" DRILL COLLARS // X-O SUB 4 ½ XH x 4 ½ IF // 9 x HWDP ( DRILLING HOURS: 14 // CIRC HOURS: 3 TOTAL HOURS: 17 )REASON PULLED: SURFACE CASING POINTBIT GRADE: 1/1

BHA #2:�ULTERRA 12 1/4" U616M JETS: 3x18 / 3x16 TFA: 1.35 // 8" GYRODATA 7/8 4.0 ADJ. 1.5 BEND W/ 11 ¾" STABILIZER // 12 1/8" STABILIZER // 8" NMDC // 8" UBHO SUB // 1 X 8" NMDC’S // 8" SHOCK SUB // X-O SUB // 12 - 6 ½" DRILL COLLARS // X-O SUB // 9 - HWDP( DRLG HRS: , CIRC. HRS: , TOTAL HRS: ) =========================================================================20'' CONDUCTOR CSG SET @ 130'13 3/8" SURFACE CSG SET @ 1,440'9 5/8'' INT. CSG SET @ X,XXX'7" INT. CSG SET @ XX,XXX'4.5'' PRO. CASING LINER @ XX,XXX'PROPOSED TD: 12,500'=========================================================================LAST SURVEY:DEPTH: 1,375'INC: .73AZM: 281.29=========================================================================TRRC:NOTIFY TRRC OF INTENT TO SPUD AND SURFACE CASING @ 15:00 HRS 6-8-2015 JOB # 8028

0TVD:

40 / / Sec/Twn/Rng:$3,400,564Total Project Costs:

Rig Name: Precision 594Develop To: 0

JAMES WALKER 318-780-1745Tool Pusher:

Abstract: U39Location Survey: UL

Surveys

Survey No. Inclination Azimuth TVD Vert Sect N/S(+/-) E/W(+/-) DLSSurvey Date Tie In Meas. Depth Des Azi2 517 0.38 193.71 516.99 -1.64 -1.64 1.14 0.186/10/2015 0.003 972 0.40 312.50 971.98 -2.03 -2.03 -0.39 0.156/10/2015 0.004 1375 0.73 281.29 1374.96 -0.58 -0.58 -3.95 0.116/10/2015 0.00

Time Wind Dir Wind Knots Sky Conditions Temp RemarksWeather

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Page 17: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/11/2015

Well Name: UNIVERSITY 40-16 1

Report No: 7

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

BOP Test and Inspection Dates

Last BOP Drill Date:06/11/2015Last BOP Test:

BOP Test Due:Last Inspection:Days Since BOP Tested:

Date Run Size Weight GradeCasing Top Shoe TestDrift TDHole SizeSet DepthCasing

Type6/8/2015 54.50 J-5527.50 10.0012.615 1440.0017.50013.3751440.18 Surface

Stage

ReciprocateRotate

Bump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

1 0 600 086 CirculatedSpacer, 20, 0, FRESH WATER, , 0, 0No.1Tail, 0, 1315, 4% GEL + 1/4#/SK CELLO FLAKE + 5% SALT + .004 GPS CF-41L, Class C, 1.79, 13.5No.2Displacement, 216, 0, FRESH WATER, , 0, 0No.3

Mud Properties

9.40 538 10 3/5/7 100.0 0.0 0

10.00 0.70 0.20 0.40 90045000 00.13 00.00

23:001440

0.0

0.0 0

FL FC

pH

HTFLTime

CaCl2Lime Mud LostEDTA

Wt In PVVis YP Gels

Pm Pf Mf CaCl

Depth

LCM

MBT ES

0.0

9.40 0.0%4.0% 0.0%96.0%

0.00 320

SandSolid OilWater

ECD

Wt Out

Pom O/W RatioTotal Sal.

FL Temp

0.00HTFC

0Water Lost Remarks

Hours Summary ( Daily / Cumulative )0.00Drilling 0.00Rotating 0.00Trips 0.00Circulating 0.00Down 24.00Other14 14 8 3 1 143

CodeOperations

Start Hrs Remarks RunEnd DepthStart Depth

136:00 4.50 WOC, FLUSH OUT DIVERTER & CONDUCTER, RIGGING DOWN CEMENTERS, CONDUCTER, &DIVERTER

NIH14401440

2110:30 4.50 MAKE FINAL CUT ON CONDUCTOR & CASING, DRESS CASING & INSTALL WELL HEAD. WELD ON 13 3/8" SOW X 11" 10M WELL HEAD AND TEST TO 1500 PSI (OK) AS PER FMC INSTALLATION PROCEDURES, INSTALL WITNESSED BY WEIR REP.

NIH14401440

1415:00 9.00 NIPPLE UP B.O.P'S, INSTALL DSA, SPOOLS, MUD CROSS. INSTALL NEW HCR VALVE AND 2" CHECK VALVE. HOOK UP KILL LINE. CHANGE OUT 4" PIPE RAMS FOR 5" PIPE RAMS. HOOK UP CUMMY LINES. FUNCTION TEST ALL LINES. INSTALL TURNBUCKLES AND CENTER BOP.

NIH14401440

150:00 5.00 TESTING BOP'S. TEST BLIND RAMS, PIPE RAMS, CHOKE LINE, 4" MANUAL, CHOKE LINE HCR,KILL LINE, KILL LINE MANUAL, KILL LINE HCR, KILL LINE CHECK VALVE, CHOKE MANIFOLD,ALL MANUAL VALVES ON MANIFOLD, HYDRAULIC CHOKES TO 250 PSI LOW, 5,000 PSI HIGH. 5MINUTE LOW TEST & 5 MINUTE HIGH TESTS. TEST ANNULAR TO 3500 PSI. TEST FLOOR VALVESTO 5,000 PSI. TEST MUD LINES FROM TOP DRIVE TIW VALVE BACK TO PUMP TO 4000 PSI.,FULL KOOMEY DRAW DOWN TEST, R/D TESTER

**TOP OF CEMENT @ 10' BELOW WELLHEAD**

NIH14401440

075:00 0.50 SERVICE RIG AND TOP DRIVE NIH14401440215:30 0.50 PICK UP AND INSTALL WEAR BUSHING NIH14401440

24.00Total:Drilling Data

ROP:9000088000Hook Load:1250Pres on Bot: Press Off Bot:0.00

Slack Off: 2000Over Pull:Kickoff Depth: 0

830001500

Pick Up:

Crew Status: ON Remarks: NONE6520WOB: Motor RPM: 8000Torque:84Rotary RPM:

0.00BHA Hours:

Page 2 of 3 7/22/2015Powered by Production Access

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Page 18: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/11/2015

Well Name: UNIVERSITY 40-16 1

Report No: 7

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

Daily Bits

1440 4910 3470 100.63470 34.502Jets 18 / 18 / 18 / 16 / 16 / 16 / 0 / 0 1 / 1 / CT / NO / N / 0 / 1 / TDChar (I/O/D/O/L/B/G/R)

FtgBit In Out ROP WOBTot Ftg Hrs RPM

TFA 1.356/10/2015

Date In2

BHA29421Serial No.

0Torq

34.50Tot Hrs

0MRPM

12 1/4Size

Date Out 6/13/2015Ulterra U616MManufac. Type

Ftg MRPMHrs GPMMotor Size Brand TypeMud Motors

Cum Ftg Cum Hrs2 7.75 NOV 6/7 4.0 1.5 ADJ .15 RPG 1876 15.5 1137541876 15.5

Tot LengthComponent Qty Length OD Avg ID Avg RemarksDrilling Assembly

Bit - PDC - Fixed Cutter 1 1.00 12.250 0.000 1.00 12 1/4" ULTERRA PDC BIT.Motor - steerable 1 29.90 7.750 0.000 30.90 6/7 4.0 1.5 ADJ .15 RPG MOTOR.Stab - Undergauge 1 6.48 8.250 2.872 37.38 12 1/8" IBSMonel 1 30.82 8.000 2.987 68.20 NMDCSub - Orienting 1 5.60 8.000 3.250 73.80 UBHOMonel 1 30.89 8.000 3.250 104.69 NMDCSub - Shock 1 11.74 7.875 2.872 116.43 SD SHOCK SUB.Sub - XO 1 3.21 7.875 2.872 119.64 XODrill collar 12 365.79 6.500 2.875 485.43 6.5" D.C'SSub - XO 1 3.39 6.500 2.750 488.82 XOHWDP 9 278.04 5.000 3.000 766.86 5" HWDP

Pump No Model Liner Size Stroke Max PSI Max SPM SPM GPM Press. Slow Pump Rates/Pres.Mud Pumps

FD-1600 6 12 4450 1151 322 150077 0/0 0/00/0FD-1600 6 12 4450 1152 322 150077 0/0 0/00/0

Item Received Used LostBeg Inv Transfrd End InvUnitsInventory

Diesel 0 0 0 67976797 0gal

Company Qty. HoursService Company Qty. HoursServicePersonnel Data

ANCHOR DRILLING FL 1 24.00MUD ENGINEER New Prospect Company 2 24.00CO MANPrecision Drilling 11 132.00Rig Crews

180.00Totals 14.00

PersonnelFirst AidType Date Activity Company Name

Health Safety and Environment

Lost Time

Med Visit

Drilling 6/10/2015 PRECISION, PREMIER, ENERGEN, ANCHORALL PERSONAL ONSITE.JSA'S & SAFETY MEETINGS OVER, NIPPLING UP B.O.P, TESTING B.O.P, OVERHEAD LOADS, MAKING CONNECTIONS, MIXING CHEMICALS, DAILY HOUSEKEEPING, SETTING PULLING SLIPS.

Daily Cost DetailsCode Remarks Daily Exp Cum ExpIDC Vendor

20.950.030IDC - ROAD & SITE CON $175,00020.950.070IDC - INSURANCE & BO $10,00020.950.080IDC - PERMITS SURVEY $45,00020.950.102IDC - DRILL - CEMENT & $1,713 $37,06313 3/8" FLOAT EQUIPMENT & Weatherford20.950.102IDC - DRILL - CEMENT & $35,349 $37,063CEMENT 13 3/8" CASING.OTEX PUMPING LLC20.950.103IDC - DRILL - CONTRAC $23,500 $159,500RIG & CREWSPRECISION DRILLING20.950.105IDC - DRILL - EQUIPMEN $191 $1,337FORK LIFT & MAN LIFT RENTPRECISION/ NEFF20.950.106IDC - DRILL - FUEL $14,58820.950.107IDC - DRILL - EQUIPMEN $2,01420.950.109IDC - DRILL - DIRECTIO $7,725 $31,705DAILY DIRECTIONAL COSTSPREMIER DIRECTIONA20.950.111IDC - DRILL - MOBDEMO $75,00020.950.114IDC - DRILL - SURFACE $60 $18,8222 X FRAC TANKSLEOS TRUCKING20.950.114IDC - DRILL - SURFACE $500 $18,822300 BBL. PRE-MIX & TRANSFPORTABLE MUD SYS.20.950.114IDC - DRILL - SURFACE $186 $18,822COMMUNICATIONS PACKAGRIG NET/ LANDTEL20.950.114IDC - DRILL - SURFACE $650 $18,822HOUSING PACKAGETAN MAR20.950.114IDC - DRILL - SURFACE $1,770 $18,822INSTALL AND RIG UP FLAREIRON HORSE TOOLS, L20.950.114IDC - DRILL - SURFACE $90 $18,8222 X LIGHT TOWERS & TRASHK.C. SERVICES20.950.117IDC - DRILL - SPECIAL S $960 $13,590FIELD TECH TO SUPERVISE WEIR OIL & GAS20.950.117IDC - DRILL - SPECIAL S $4,165 $13,590NIPPLE UP BOPSMonahans Nipple-Up20.950.117IDC - DRILL - SPECIAL S $2,340 $13,590TEST BOPSMonahans Nipple-Up20.950.117IDC - DRILL - SPECIAL S $3,063 $13,590RUN 13 3/8" CASING.BUTCH'S CASING DIVI

$82,262 $604,333Total IDC:Code Remarks Daily Exp Cum ExpTDC Vendor

20.940.106TDC - DE - SURFACE CA $46,267 $95,5371,440' OF 13 3/8" SURFACE CSOONER PIPE$46,267 $95,537Total TDC:

Total Cumulative Well Costs: $128,529 $699,870

Page 3 of 3 7/22/2015Powered by Production Access

Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs6/11/2015 7 1440 21 - Other 9.4 $129,390 $6,116,398$699,870

Page 19: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/12/2015

Well Name: UNIVERSITY 40-16 1

Report No: 8

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

Surface Location: 1980 FNL, 1757 FWL - WARD, TX

$63,445$763,315

Formation:

Daily Costs:This AFE DHC to Date:

API Code: 4247536999

1440Start Depth(ft):

6/9/2015Spud Date:

24 Hr. Footage:

RKB to MSL: 253316Ending Depth(ft):

$3,180,125AFE DHC:MICHAEL MCCARTCODY CHAMBERS

Rig Supervisor 1: 940-366-6615832-314-9929

RKB to CHF:$3,400,564

$19,890Total w/ Assoc AFEs :

Daily Mud Costs:

PBE1510032AFE #:

4Days from Spud:Field Name: Wellcore

1876RKB to LMF:

RKB to THF:

02 - Drilling

$763,315This AFE CWC to Date:

Cum Mud Costs: $40,604Rig Company:

2527.5

Rpt T. Activity:

Precision Drilling 26.5

8Report No:$6,116,398AFE Total:

Rig Supervisor 2:

DRILLING AHEAD IN 12 1/4" HOLE / CURRENT DEPTH 3,316'Operation Desc:

24-Hour Summary/Remarks: PICK UP BHA #2. RIH TO FLOAT COLLAR. TEST CASING. DRILL OUT SHOE TRACK AND CEMENT. DRILL AHEAD IN 12 1/4" HOLE SECTION F/ 1,440' T/ 3,316'

TOTAL 24 FOOTAGE: 1,876'AVG ROP: 129 FPHNext Day Operations: DRILL AHEAD IN 12 1/4" HOLE SECTION F/ 3,316'. =========================================================================RIG RELEASED FROM UNIVERSITY 21-17 #1R @ 06:00 HRS. ON 6-4-2015.SPUD: 06/09/2015 @ 00:00 HRS.TOTAL RIG MOVE HRS.: 106 / DAYS: 4.42TOTAL HRS. FROM SPUD: 78TOTAL DAYS TO TD: -----TOTAL DAYS TO RELEASE: -----DOWNTIME HRS.: 0 TODAY / 1 TOTAL, PERCENTAGE OF DOWNTIME / NPT: 1%=========================================================================LAST 5" D/P INSPECTION WAS ON THE UNIVERSITY 24-17 #1H, ON 12/20/2014. CAT-4 INSPECTION - CSILAST 4'' D/P INSPECTION WAS ON THE SPECTRE ST. 54-4 #1H ST1, ON 3/8/2015. CAT-4 INSPECTION - CSILAST BHA INSPECTION WAS ON THE UNIVERSITY 21-17 #1R, ON 6/4/2015.CSI.=========================================================================SAFETY MTG:JSA'S & SAFETY MEETINGS OVER, NIPPLING UP B.O.P, TESTING B.O.P, OVERHEAD LOADS, MAKING CONNECTIONS, MIXING CHEMICALS, DAILY HOUSEKEEPING, SETTING PULLING SLIPSDAYS SINCE LAST LTA: 349ORI'S TODAY: 0CREW SHORTAGES: NONE.// DOUBLES: 0=========================================================================FLUID LOST TO WELL: 0 BBLS TODAY / 0 TOTAL BBLS, **NO LEAKS OR SPILLS REPORTED OR OBSERVED**=========================================================================BHA #117 ½" ULTERRA U616S BIT // 9 5/8" 6/7 5.0 STAGE ADJUSTABLE BEND 1.5 W/ 17" STABILIZER // 17" STEEL IBS // 8" NMDC // 8" HANG-OFF SUB // 8" NMDC // 8" SHOCK SUB // X-O SUB 6 5/8 REG x 4 ½ XH // 12 x 6 ½" DRILL COLLARS // X-O SUB 4 ½ XH x 4 ½ IF // 9 x HWDP ( DRILLING HOURS: 14 // CIRC HOURS: 3 TOTAL HOURS: 17 )REASON PULLED: SURFACE CASING POINTBIT GRADE: 1/1

BHA #2: 12 1/4" ULTERRA U616M DRESSED W/ 3-16'S, 3x18'S = 1.334 TFA // IMPACT 7 3/4"" - 6/7 LOBE / 4.0 STAGE - 1.5 DEG ADJ., 0.15 RPG,, W/ FLOAT// 12 1/8" NB STAB,// NMDC (MWD) // UBHO // NMDC // 8" SHOCK SUB // 6 5/8 REX X 4.5" XHB X-O // 12- 6.5" D.C'S // X-O 4.5" IFB - 4 1/2"XHP // 9- JNTS 5" HWDP = 766.86( DRLG HRS: 14.5 , CIRC. HRS: 3.5, TOTAL HRS: 18 ) =========================================================================20'' CONDUCTOR CSG SET @ 130'13 3/8" SURFACE CSG SET @ 1,440'9 5/8'' INT. CSG SET @ X,XXX'7" INT. CSG SET @ XX,XXX'4.5'' PRO. CASING LINER @ XX,XXX'PROPOSED TD: 12,500'=========================================================================LAST SURVEY:DEPTH: 3,210INC: 1.82AZM: 203.29=========================================================================TRRC:NOTIFY TRRC OF INTENT TO SPUD AND SURFACE CASING @ 15:00 HRS 6-8-2015 JOB # 8028

0TVD:

40 / / Sec/Twn/Rng:$3,400,564Total Project Costs:

Rig Name: Precision 594Develop To: 0

JAMES WALKER 318-780-1745Tool Pusher:

Abstract: U39Location Survey: UL

Surveys

Survey No. Inclination Azimuth TVD Vert Sect N/S(+/-) E/W(+/-) DLSSurvey Date Tie In Meas. Depth Des Azi6 2314 1.64 211.40 2313.65 -15.88 -15.88 -20.28 0.086/12/2015 0.007 2762 2.42 208.19 2761.37 -29.69 -29.69 -28.09 0.186/12/2015 0.008 3210 1.82 203.29 3209.06 -44.56 -44.56 -35.37 0.146/12/2015 0.00

Time Wind Dir Wind Knots Sky Conditions Temp RemarksWeather

Page 1 of 3 7/22/2015Powered by Production Access

Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs6/12/2015 8 3316 02 - Drilling 9 $63,445 $6,116,398$763,315

Page 20: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/12/2015

Well Name: UNIVERSITY 40-16 1

Report No: 8

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

BOP Test and Inspection Dates

Last BOP Drill Date:16/11/2015Last BOP Test:

BOP Test Due:Last Inspection:Days Since BOP Tested:

Date Run Size Weight GradeCasing Top Shoe TestDrift TDHole SizeSet DepthCasing

Type6/8/2015 54.50 J-5527.50 10.0012.615 1440.0017.50013.3751440.18 Surface

Stage

ReciprocateRotate

Bump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

1 0 600 086 CirculatedSpacer, 20, 0, FRESH WATER, , 0, 0No.1Tail, 0, 1315, 4% GEL + 1/4#/SK CELLO FLAKE + 5% SALT + .004 GPS CF-41L, Class C, 1.79, 13.5No.2Displacement, 216, 0, FRESH WATER, , 0, 0No.3

Mud Properties

9.00 229 1 1/1/1 120.0 0.0 0

10.30 1.10 0.20 1.30 90050000 00.13 00.00

23:001440

0.0

0.0 0

FL FC

pH

HTFLTime

CaCl2Lime Mud LostEDTA

Wt In PVVis YP Gels

Pm Pf Mf CaCl

Depth

LCM

MBT ES

0.0

9.00 0.0%5.0% 0.0%96.0%

0.00 320

SandSolid OilWater

ECD

Wt Out

Pom O/W RatioTotal Sal.

FL Temp

0.00HTFC

0Water Lost Remarks

Hours Summary ( Daily / Cumulative )14.50Drilling 14.50Rotating 6.00Trips 1.00Circulating 0.00Down 2.50Other29 29 14 4 1 145

CodeOperations

Start Hrs Remarks RunEnd DepthStart Depth

066:00 1.00 INSTALL WEAR BUSHING & LOCK DOWN, MOVE BHA & SUBS TO FLOOR. NIH14401440067:00 3.50 P/U BHA #2: 12 1/4" ULTERRA U616M DRESSED W/ 3-16'S, 3x18'S = 1.334 TFA // IMPACT

7 3/4"" - 6/7 LOBE / 4.0 STAGE - 1.5 DEG ADJ., 0.15 RPG,, W/ FLOAT// 12 1/8" NB STAB,// NMDC (MWD) // UBHO // NMDC // 8" SHOCK SUB // 6 5/8 REX X 4.5" XHB X-O // 12- 6.5" D.C'S // X-O 4.5" IFB - 4 1/2"XHP // 9- JNTS 5" HWDP = 766.86' (INSTALL MWD & SURFACE TEST TOOLS), SCRIBE, TEST GOOD

214401440

0610:30 1.50 TIH W/ DC'S, HWDP & DP F/ DERRICK, TAG CEMENT @ 1,385' 2144014400512:00 1.00 FILL PIPE, BREAK CIRC., TEST CASING TO 1,500 PSI. FOR 30 MIN. (OK) 2144014403213:00 2.00 DRILL CMT & 13 3/8" FLOAT EQUIPMENT SHOE TRACK. F/ 1,395' - T/ 1,440', FLT.

COLLAR @ 1,395', SHOE @ 1,440' WOB- 15/25, SPM- 120, GPM- 504, SPP- 1,200/1,400, RPM- 20/40, MM RPM- 75, TOTAL RPM- 95, DIFF PSI- 150/250, TORQ- 2,500/4,500, MW- 9.4 IN & OUT

214401440

0215:00 12.00 ROTATE & SLIDE DRILL 12 1/4” INTERM HOLE F/ 1,440' - T/ 3,092' ( 1,652' @ 138 FPH) WOB- 15/30, SPM- 180, GPM- 756, SPP- 2,400/2,700, RPM- 60/90, MM RPM- 113, TOTAL RPM- 203, DIFF PSI- 350/550, TORQ- 6,500/12,500, MW- 9.4 IN & OUT, DRILLING DOWN FLOWLINE CIRCULATING RESERVE PIT,

DRILLING BREAKDOWN:ROTATE F/ 1,440' - T/ 3,092' (1,652' @ 138 FPH)

**PUMPING 30 BBLS HI VIS (90 VIS), 8 PPB LCM SWEEPS EVERY 250'**

230921440

073:00 0.50 SERVICE RIG AND TOP DRIVE 230923092023:30 2.50 ROTATE & SLIDE DRILL 12 1/4” INTERM HOLE F/ 3,092' - T/ 3,316' ( 224' @ 90 FPH) WOB-

15/30, SPM- 180, GPM- 756, SPP- 2,400/2,700, RPM- 60/90, MM RPM- 113, TOTAL RPM- 203, DIFF PSI- 350/550, TORQ- 6,500/12,500, MW- 9.4 IN & OUT, DRILLING DOWN FLOWLINE CIRCULATING RESERVE PIT,

DRILLING BREAKDOWN:ROTATE F/ 3,092' - T/ 3,316' (224' @ 90 FPH)

**PUMPING 30 BBLS HI VIS (90 VIS), 8 PPB LCM SWEEPS EVERY 250'**

233163092

24.00Total:Drilling Data

ROP:142000136000Hook Load:

2700Pres on Bot: Press Off Bot:129.38Slack Off: 6000Over Pull:

Kickoff Depth: 0133000

2200Pick Up:

Crew Status: ON Remarks: NONE9030WOB: Motor RPM: 8500Torque:113Rotary RPM:

0.00BHA Hours:

Page 2 of 3 7/22/2015Powered by Production Access

Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs6/12/2015 8 3316 02 - Drilling 9 $63,445 $6,116,398$763,315

Page 21: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/12/2015

Well Name: UNIVERSITY 40-16 1

Report No: 8

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

Daily Bits

1440 4910 3470 100.63470 34.502Jets 18 / 18 / 18 / 16 / 16 / 16 / 0 / 0 1 / 1 / CT / NO / N / 0 / 1 / TDChar (I/O/D/O/L/B/G/R)

FtgBit In Out ROP WOBTot Ftg Hrs RPM

TFA 1.356/10/2015

Date In2

BHA29421Serial No.

0Torq

34.50Tot Hrs

0MRPM

12 1/4Size

Date Out 6/13/2015Ulterra U616MManufac. Type

Ftg MRPMHrs GPMMotor Size Brand TypeMud Motors

Cum Ftg Cum Hrs2 7.75 NOV 6/7 4.0 1.5 ADJ .15 RPG 1876 15.5 1137541876 15.5

Tot LengthComponent Qty Length OD Avg ID Avg RemarksDrilling Assembly

Bit - PDC - Fixed Cutter 1 1.00 12.250 0.000 1.00 12 1/4" ULTERRA PDC BIT.Motor - steerable 1 29.90 7.750 0.000 30.90 6/7 4.0 1.5 ADJ .15 RPG MOTOR.Stab - Undergauge 1 6.48 8.250 2.872 37.38 12 1/8" IBSMonel 1 30.82 8.000 2.987 68.20 NMDCSub - Orienting 1 5.60 8.000 3.250 73.80 UBHOMonel 1 30.89 8.000 3.250 104.69 NMDCSub - Shock 1 11.74 7.875 2.872 116.43 SD SHOCK SUB.Sub - XO 1 3.21 7.875 2.872 119.64 XODrill collar 12 365.79 6.500 2.875 485.43 6.5" D.C'SSub - XO 1 3.39 6.500 2.750 488.82 XOHWDP 9 278.04 5.000 3.000 766.86 5" HWDP

Pump No Model Liner Size Stroke Max PSI Max SPM SPM GPM Press. Slow Pump Rates/Pres.Mud Pumps

FD-1600 6 12 4450 1151 377 215090 0/0 0/00/0FD-1600 6 12 4450 1152 377 215090 0/0 0/00/0

Item Received Used LostBeg Inv Transfrd End InvUnitsInventory

Diesel 2489 0 0 43086797 0gal

Company Qty. HoursService Company Qty. HoursServicePersonnel Data

ANCHOR DRILLING FL 1 24.00MUD ENGINEER New Prospect Company 2 24.00CO MANPrecision Drilling 11 132.00Rig Crews

180.00Totals 14.00

PersonnelFirst AidType Date Activity Company Name

Health Safety and Environment

Lost Time

Med Visit

Drilling 6/11/2015 PRECISION, PREMIER, ENERGEN, ANCHORALL PERSONAL ONSITE.JSA'S & SAFETY MEETINGS OVER, NIPPLING UP B.O.P, TESTING B.O.P, OVERHEAD LOADS, MAKING CONNECTIONS, MIXING CHEMICALS, DAILY HOUSEKEEPING, SETTING PULLING SLIPS.

Daily Cost DetailsCode Remarks Daily Exp Cum ExpIDC Vendor

20.950.030IDC - ROAD & SITE CON $175,00020.950.070IDC - INSURANCE & BO $10,00020.950.080IDC - PERMITS SURVEY $45,00020.950.102IDC - DRILL - CEMENT & $4,132 $41,195HAUL & DELIVER CEMENT WLeO'S TRUCKING20.950.103IDC - DRILL - CONTRAC $23,500 $183,000RIG & CREWSPRECISION DRILLING20.950.105IDC - DRILL - EQUIPMEN $191 $1,528FORK LIFT & MAN LIFT RENTPRECISION/ NEFF20.950.106IDC - DRILL - FUEL $14,58820.950.107IDC - DRILL - EQUIPMEN $320 $2,334DELIVER FROM 593KC SERVICES20.950.109IDC - DRILL - DIRECTIO $10,525 $42,230DAILY DIRECTIONAL COSTSPREMIER DIRECTIONA20.950.111IDC - DRILL - MOBDEMO $75,00020.950.114IDC - DRILL - SURFACE $186 $20,308COMMUNICATIONS PACKAGRIG NET/ LANDTEL20.950.114IDC - DRILL - SURFACE $650 $20,308HOUSING PACKAGETAN MAR20.950.114IDC - DRILL - SURFACE $500 $20,308300 BBL. PRE-MIX & TRANSFPORTABLE MUD SYS.20.950.114IDC - DRILL - SURFACE $60 $20,3082 X FRAC TANKSLEOS TRUCKING20.950.114IDC - DRILL - SURFACE $90 $20,3082 X LIGHT TOWERS & TRASHK.C. SERVICES20.950.117IDC - DRILL - SPECIAL S $3,401 $16,991PVC AND DITCHING FOR RIGKC SERVICES

$43,556 $667,778Total IDC:Code Remarks Daily Exp Cum ExpTDC Vendor

20.940.106TDC - DE - SURFACE CA $95,537$95,537Total TDC:

Total Cumulative Well Costs: $43,556 $763,315

Page 3 of 3 7/22/2015Powered by Production Access

Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs6/12/2015 8 3316 02 - Drilling 9 $63,445 $6,116,398$763,315

Page 22: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/13/2015

Well Name: UNIVERSITY 40-16 1

Report No: 9

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

Surface Location: 1980 FNL, 1757 FWL - WARD, TX

SALT BASE

$71,781$835,096

Formation:

Daily Costs:This AFE DHC to Date:

API Code: 4247536999

3316Start Depth(ft):

6/9/2015Spud Date:

24 Hr. Footage:

RKB to MSL: 254910Ending Depth(ft):

$3,180,125AFE DHC:MICHAEL MCCARTCODY CHAMBERS

Rig Supervisor 1: 940-366-6615832-314-9929

RKB to CHF:$3,400,564

$9,461Total w/ Assoc AFEs :

Daily Mud Costs:

PBE1510032AFE #:

5Days from Spud:Field Name: Wellcore

1594RKB to LMF:

RKB to THF:

06 - Trips

$835,096This AFE CWC to Date:

Cum Mud Costs: $50,065Rig Company:

2527.5

Rpt T. Activity:

Precision Drilling 26.5

9Report No:$6,116,398AFE Total:

Rig Supervisor 2:

POOH FOR 9 5/8" CASING RUN. CURRENT BIT DEPTH: 2,987'Operation Desc:

24-Hour Summary/Remarks: DRILL / SLIDE IN 12 1/4" INTERMEDIATE #1 SECTION F/ 3,316' - T/ 4,910'. CIRCULATE 2 X HI VIS SWEEPS AND CIRCULATE HOLE CLEAN. PUMP SLUG AND POOH FOR 9 5/8" CASING RUN.

TOTAL 24 HOUR FOOTAGE: 1,594'AVG ROP: 80 FPHNext Day Operations: FINISH POOH FOR 9 5/8" CASING. RIG UP CASING CREW. RUN 9 5/8" CASING / LAND 9 5/8" CASING. RIG UP CEMENTERS AND CEMENT 9 5/8" CASING.=========================================================================RIG RELEASED FROM UNIVERSITY 21-17 #1R @ 06:00 HRS. ON 6-4-2015.SPUD: 06/09/2015 @ 00:00 HRS.TOTAL RIG MOVE HRS.: 106 / DAYS: 4.42TOTAL HRS. FROM SPUD: 102TOTAL DAYS TO TD: -----TOTAL DAYS TO RELEASE: -----DOWNTIME HRS.: 0 TODAY / 1 TOTAL, PERCENTAGE OF DOWNTIME / NPT: 1%=========================================================================LAST 5" D/P INSPECTION WAS ON THE UNIVERSITY 24-17 #1H, ON 12/20/2014. CAT-4 INSPECTION - CSILAST 4'' D/P INSPECTION WAS ON THE SPECTRE ST. 54-4 #1H ST1, ON 3/8/2015. CAT-4 INSPECTION - CSILAST BHA INSPECTION WAS ON THE UNIVERSITY 21-17 #1R, ON 6/4/2015.CSI.=========================================================================SAFETY MTG: JSA'S & SAFETY MEETINGS MAKING CONNECTIONS, MIXING CHEMICALS, DAILY HOUSEKEEPING, SETTING PULLING SLIPS, TRIPPING PIPE, AND 100% TIE-OFFDAYS SINCE LAST LTA: 350ORI'S TODAY: 0CREW SHORTAGES: NONE.// DOUBLES: 0=========================================================================FLUID LOST TO WELL: 0 BBLS TODAY / 0 TOTAL BBLS, **NO LEAKS OR SPILLS REPORTED OR OBSERVED**=========================================================================BHA #117 ½" ULTERRA U616S BIT // 9 5/8" 6/7 5.0 STAGE ADJUSTABLE BEND 1.5 W/ 17" STABILIZER // 17" STEEL IBS // 8" NMDC // 8" HANG-OFF SUB // 8" NMDC // 8" SHOCK SUB // X-O SUB 6 5/8 REG x 4 ½ XH // 12 x 6 ½" DRILL COLLARS // X-O SUB 4 ½ XH x 4 ½ IF // 9 x HWDP ( DRILLING HOURS: 14 // CIRC HOURS: 3 TOTAL HOURS: 17 )REASON PULLED: SURFACE CASING POINTBIT GRADE: 1/1

BHA #2: 12 1/4" ULTERRA U616M DRESSED W/ 3-16'S, 3x18'S = 1.334 TFA // IMPACT 7 3/4"" - 6/7 LOBE / 4.0 STAGE - 1.5 DEG ADJ., 0.15 RPG,, W/ FLOAT// 12 1/8" NB STAB,// NMDC (MWD) // UBHO // NMDC // 8" SHOCK SUB // 6 5/8 REX X 4.5" XHB X-O // 12- 6.5" D.C'S // X-O 4.5" IFB - 4 1/2"XHP // 9- JNTS 5" HWDP = 766.86REASON PULLED: 9 5/8" CASING RUN / TD INTERMEDIATE #1( DRLG HRS: 34.5 , CIRC. HRS: 6, TOTAL HRS: 40.5 ) =========================================================================20'' CONDUCTOR CSG SET @ 130'13 3/8" SURFACE CSG SET @ 1,440'9 5/8'' INT. CSG SET @ X,XXX'7" INT. CSG SET @ XX,XXX'4.5'' PRO. CASING LINER @ XX,XXX'PROPOSED TD: 12,500'=========================================================================LAST SURVEY:DEPTH: 4,848'INC: 2.18AZM: 74.43TVD: 4,846.16'=========================================================================TRRC:NOTIFY TRRC OF INTENT TO SPUD AND SURFACE CASING @ 15:00 HRS 6-8-2015 JOB # 8028

4908TVD:

40 / / Sec/Twn/Rng:$3,400,564Total Project Costs:

Rig Name: Precision 594Develop To: 0

JAMES WALKER 318-780-1745Tool Pusher:

Abstract: U39Location Survey: UL

Page 1 of 4 7/22/2015Powered by Production Access

Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs6/13/2015 9 4910 06 - Trips 9.2 $71,781 $6,116,398$835,096

Page 23: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/13/2015

Well Name: UNIVERSITY 40-16 1

Report No: 9

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

BOP Test and Inspection Dates

Last BOP Drill Date:26/11/2015Last BOP Test:

BOP Test Due:Last Inspection:Days Since BOP Tested:

Surveys

Survey No. Inclination Azimuth TVD Vert Sect N/S(+/-) E/W(+/-) DLSSurvey Date Tie In Meas. Depth Des Azi11 4557 3.73 66.60 4555.53 -44.63 -44.63 -24.69 0.646/13/2015 0.0012 4735 2.57 75.17 4733.26 -41.31 -41.31 -15.52 0.706/13/2015 0.0013 4848 2.18 74.43 4846.16 -40.08 -40.08 -11.00 0.356/13/2015 0.00

Date Run Size Weight GradeCasing Top Shoe TestDrift TDHole SizeSet DepthCasing

Type6/8/2015 54.50 J-5527.50 10.0012.615 1440.0017.50013.3751440.18 Surface

Stage

ReciprocateRotate

Bump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

1 0 600 086 CirculatedSpacer, 20, 0, FRESH WATER, , 0, 0No.1Tail, 0, 1315, 4% GEL + 1/4#/SK CELLO FLAKE + 5% SALT + .004 GPS CF-41L, Class C, 1.79, 13.5No.2Displacement, 216, 0, FRESH WATER, , 0, 0No.36/13/2015 40.00 HCNL-8026.50 9.700.000 4910.0012.2509.6254907.62 Intermediate

Stage

ReciprocateRotate

Bump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

1 0 599 4000 CalculatedSpacer, 20, 0, 20 BBL FRESH WATER SPACER, , 0, 0No.1Lead, 0, 945, 1% SMS + 1/4#/SK CELLO FLAKE + 5% SALT, Class C, 2.52, 12No.2Tail, 0, 150, 1/10% C-20, Class C, 1.33, 14.8No.3Spacer, 10, 0, 10 BBL FRESH WATER SPACER, , 0, 0No.4Displacement, 356, 0, 356 BBL BRINE WATER, , 0, 0No.5

Time Wind Dir Wind Knots Sky Conditions Temp RemarksWeather

Mud Properties

9.20 12029 2 1/1/1 100.0 100.0 0

10.50 1.30 0.40 1.40 90095000 00.13 00.00

23:003316

0.0

0.0 0

FL FC

pH

HTFLTime

CaCl2Lime Mud LostEDTA

Wt In PVVis YP Gels

Pm Pf Mf CaCl

Depth

LCM

MBT ES

0.0

9.20 0.0%6.0% 0.0%94.0%

0.00 320

SandSolid OilWater

ECD

Wt Out

Pom O/W RatioTotal Sal.

FL Temp

0.00HTFC

0Water Lost Remarks

Hours Summary ( Daily / Cumulative )20.00Drilling 20.00Rotating 1.50Trips 1.50Circulating 0.00Down 1.00Other49 49 16 5 1 146

Page 2 of 4 7/22/2015Powered by Production Access

Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs6/13/2015 9 4910 06 - Trips 9.2 $71,781 $6,116,398$835,096

Page 24: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/13/2015

Well Name: UNIVERSITY 40-16 1

Report No: 9

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

CodeOperations

Start Hrs Remarks RunEnd DepthStart Depth

026:00 10.00 ROTATE & SLIDE DRILL 12 1/4” INTERM HOLE F/ 3,316' - T/ 4,169' ( 853' @ 85 FPH) WOB- 15/30, SPM- 180, GPM- 756, SPP- 2,400/2,700, RPM- 60/90, MM RPM- 113, TOTAL RPM- 203, DIFF PSI- 350/550, TORQ- 6,500/12,500, MW- 9.1 IN & OUT, DRILLING DOWN FLOWLINE CIRCULATING RESERVE PIT,

DRILLING BREAKDOWN:ROTATE F/ 3,316' - T/ 4,169' ( 853' @ 85 FPH)

**PUMPING 30 BBLS HI VIS (90 VIS), 8 PPB LCM SWEEPS EVERY 250'**

241693316

0716:00 0.50 SERVICE RIG AND TOP DRIVE 2416941690216:30 9.50 ROTATE & SLIDE DRILL 12 1/4” INTERM HOLE F/ 4,169' - T/ 4,886' ( 717' @ 75 FPH) WOB-

15/30, SPM- 180, GPM- 756, SPP- 2,400/2,700, RPM- 60/90, MM RPM- 113, TOTAL RPM- 203, DIFF PSI- 350/550, TORQ- 6,500/12,500, MW- 9.1 IN & OUT, DRILLING DOWN FLOWLINE CIRCULATING RESERVE PIT,

DRILLING BREAKDOWN:ROTATE F/ 4,169' - T/ 4,616' ( 447' @ 111 FPH)SLIDE F/ 4,616' - T/ 4,656' ( 40' @ 27 FPH )ROTATE F/ 4,656' - T/ 4,886' ( 230' @ 57 FPH )**PUMPING 30 BBLS HI VIS (90 VIS), 8 PPB LCM SWEEPS EVERY 250'**

248864169

072:00 0.50 SERVICE RIG AND TOP DRIVE 248864886022:30 0.50 ROTATE & SLIDE DRILL 12 1/4” INTERM HOLE F/ 4,886' - T/ 4,910' ( 24' @ 48 FPH) WOB-

15/30, SPM- 180, GPM- 756, SPP- 2,400/2,700, RPM- 60/90, MM RPM- 113, TOTAL RPM- 203, DIFF PSI- 350/550, TORQ- 6,500/12,500, MW- 9.1 IN & OUT, DRILLING DOWN FLOWLINE CIRCULATING RESERVE PIT,

DRILLING BREAKDOWN:ROTATE F/ 4,886' - T/ 4,910' ( 24' @ 48 FPH)

**PUMPING 30 BBLS HI VIS (90 VIS), 8 PPB LCM SWEEPS EVERY 250'**

249104886

053:00 1.50 CIRCULATE 2 X HI VIS SWEEPS / CIRCULATE HOLE CLEAN @ 160 SPM / 80 RPM. WORKING PIPE CONSTANTLY. CALCULATED WASHOUT 35 %

249104910

064:30 1.50 PUMP 30 BBL SLUG AND POOH FOR 9 5/8" CASING RUN. MONITOR GAINS AND LOSSES ON TRIP TANK. CURRENT BIT DEPTH @ 2,987'

249104910

24.00Total:Drilling Data

ROP:142000136000Hook Load:

2700Pres on Bot: Press Off Bot:79.70Slack Off: 6000Over Pull:

Kickoff Depth: 0133000

2200Pick Up:

Crew Status: ON Remarks: NONE9039WOB: Motor RPM: 8500Torque:113Rotary RPM:

0.00BHA Hours:Daily Bits

1440 4910 3470 100.63470 34.502Jets 18 / 18 / 18 / 16 / 16 / 16 / 0 / 0 1 / 1 / CT / NO / N / 0 / 1 / TDChar (I/O/D/O/L/B/G/R)

FtgBit In Out ROP WOBTot Ftg Hrs RPM

TFA 1.356/10/2015

Date In2

BHA29421Serial No.

0Torq

34.50Tot Hrs

0MRPM

12 1/4Size

Date Out 6/13/2015Ulterra U616MManufac. Type

Ftg MRPMHrs GPMMotor Size Brand TypeMud Motors

Cum Ftg Cum Hrs2 7.75 NOV 6/7 4.0 1.5 ADJ .15 RPG 1876 15.5 1137541876 15.5

Tot LengthComponent Qty Length OD Avg ID Avg RemarksDrilling Assembly

Bit - PDC - Fixed Cutter 1 1.00 12.250 0.000 1.00 12 1/4" ULTERRA PDC BIT.Motor - steerable 1 29.90 7.750 0.000 30.90 6/7 4.0 1.5 ADJ .15 RPG MOTOR.Stab - Undergauge 1 6.48 8.250 2.872 37.38 12 1/8" IBSMonel 1 30.82 8.000 2.987 68.20 NMDCSub - Orienting 1 5.60 8.000 3.250 73.80 UBHOMonel 1 30.89 8.000 3.250 104.69 NMDCSub - Shock 1 11.74 7.875 2.872 116.43 SD SHOCK SUB.Sub - XO 1 3.21 7.875 2.872 119.64 XODrill collar 12 365.79 6.500 2.875 485.43 6.5" D.C'SSub - XO 1 3.39 6.500 2.750 488.82 XOHWDP 9 278.04 5.000 3.000 766.86 5" HWDP

Pump No Model Liner Size Stroke Max PSI Max SPM SPM GPM Press. Slow Pump Rates/Pres.Mud Pumps

FD-1600 6 12 4450 1151 377 215090 0/0 0/00/0FD-1600 6 12 4450 1152 377 215090 0/0 0/00/0

Item Received Used LostBeg Inv Transfrd End InvUnitsInventory

Diesel 2853 0 0 84554308 7000gal

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Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs6/13/2015 9 4910 06 - Trips 9.2 $71,781 $6,116,398$835,096

Page 25: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/13/2015

Well Name: UNIVERSITY 40-16 1

Report No: 9

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

Company Qty. HoursService Company Qty. HoursServicePersonnel Data

ANCHOR DRILLING FL 1 24.00MUD ENGINEER New Prospect Company 2 24.00CO MANPrecision Drilling 11 132.00Rig Crews

180.00Totals 14.00

PersonnelFirst AidType Date Activity Company Name

Health Safety and Environment

Lost Time

Med Visit

Drilling 6/12/2015 PRECISION, PREMIER, ENERGEN, ANCHORALL PERSONAL ONSITE. JSA'S & SAFETY MEETINGS MAKING CONNECTIONS, MIXING CHEMICALS, DAILY HOUSEKEEPING, SETTING PULLING SLIPS, TRIPPING PIPE, AND 100% TIE-OFF

Drilling 6/13/2015 ENERGENNOTIFY TRRC OF INTENT TO RUN 9 5/8" CASING AND CEMENT @ 06:00 HRS. 6-13-2015.

Daily Cost DetailsCode Remarks Daily Exp Cum ExpIDC Vendor

20.950.030IDC - ROAD & SITE CON $175,00020.950.070IDC - INSURANCE & BO $10,00020.950.080IDC - PERMITS SURVEY $45,00020.950.101IDC - DRILL - BIT $12,800 $12,80012 1/4" U616M BIT #2Ulterra Bits20.950.102IDC - DRILL - CEMENT & $41,19520.950.103IDC - DRILL - CONTRAC $23,500 $206,500RIG & CREWSPRECISION DRILLING20.950.105IDC - DRILL - EQUIPMEN $191 $5,175FORK LIFT & MAN LIFT RENTPRECISION/ NEFF20.950.105IDC - DRILL - EQUIPMEN $540 $5,175DAILY RENTAL ON RCD ROTHalliburton20.950.105IDC - DRILL - EQUIPMEN $1,445 $5,175TOTAL FOR 13 5/8" SURFACEKnIight Oil Tools20.950.105IDC - DRILL - EQUIPMEN $340 $5,175DUAL CHOKES & IGNITOR.IRONHORSE20.950.105IDC - DRILL - EQUIPMEN $281 $5,175DAILY RENTAL ON RAMS.ThOMAS TOOLS20.950.105IDC - DRILL - EQUIPMEN $800 $5,1752 7/8" ROTATING HEAD RUBBHalliburton20.950.105IDC - DRILL - EQUIPMEN $50 $5,175DAILY H2S MINIMAL PACKAGSaFETY SOLUTIONS20.950.106IDC - DRILL - FUEL $14,603 $29,191DELIVER 7000 GAL RED DIESBlue Streak Transportati20.950.107IDC - DRILL - EQUIPMEN $560 $2,894DELIVER HALIBURTON BLACLANDSHARK INC.20.950.109IDC - DRILL - DIRECTIO $5,725 $47,955DAILY DIRECTIONAL COSTSPREMIER DIRECTIONA20.950.111IDC - DRILL - MOBDEMO $75,00020.950.114IDC - DRILL - SURFACE $90 $21,7942 X LIGHT TOWERS & TRASHK.C. SERVICES20.950.114IDC - DRILL - SURFACE $60 $21,7942 X FRAC TANKSLEOS TRUCKING20.950.114IDC - DRILL - SURFACE $500 $21,794300 BBL. PRE-MIX & TRANSFPORTABLE MUD SYS.20.950.114IDC - DRILL - SURFACE $650 $21,794HOUSING PACKAGETAN MAR20.950.114IDC - DRILL - SURFACE $186 $21,794COMMUNICATIONS PACKAGRIG NET/ LANDTEL20.950.117IDC - DRILL - SPECIAL S $16,991

$62,321 $739,559Total IDC:Code Remarks Daily Exp Cum ExpTDC Vendor

20.940.106TDC - DE - SURFACE CA $95,537$95,537Total TDC:

Total Cumulative Well Costs: $62,321 $835,096

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Page 26: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/14/2015

Well Name: UNIVERSITY 40-16 1

Report No: 10

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

Surface Location: 1980 FNL, 1757 FWL - WARD, TX

$224,437$1,059,533

Formation:

Daily Costs:This AFE DHC to Date:

API Code: 4247536999

4910Start Depth(ft):

6/9/2015Spud Date:

24 Hr. Footage:

RKB to MSL: 254910Ending Depth(ft):

$3,180,125AFE DHC:MICHAEL MCCARTCODY CHAMBERS

Rig Supervisor 1: 940-366-6615832-314-9929

RKB to CHF:$3,400,564

$3,708Total w/ Assoc AFEs :

Daily Mud Costs:

PBE1510032AFE #:

6Days from Spud:Field Name: Wellcore

0RKB to LMF:

RKB to THF:

06 - Trips

$1,059,533This AFE CWC to Date:

Cum Mud Costs: $53,773Rig Company:

2527.5

Rpt T. Activity:

Precision Drilling 26.5

10Report No:$6,116,398AFE Total:

Rig Supervisor 2:

PICKING UP AND MAKING UP BHA #3Operation Desc:

24-Hour Summary/Remarks: FINISH POOH FOR 9 5/8" CASING RUN. LAY DOWN BHA #2 AND BIT #2. RIG UP BUTCH'S CASING CREW AND RUN 107 JOINTS OF 9 5/8" 40# N-80 BTC CASING. RIG DOWN CASING CREW AND RIG UP O-TEX CEMENTERS. CEMENT 9 5/8" CASING. RIG DOWN CEMENTERS. BACK OUT LANDING JOINT AND INSTALL PACK OFF ASSEMBLY ON LANDING MANDREL. TEST PACK OFF @ 5,000 PSI. INSTALL WEAR BUSHING, PREP FLOOR TO PICK UP BHA #3. STAGE BHA #3 ON RACKS AND PICK UP AND MAKE UP BHA #3Next Day Operations: FINISH MAKING UP BHA #3. RIH WITH BHA #3. TEST 9 5/8" CASING @ 1500 PSI. DRILL SHPE TRACK. DRILL AHEAD IN 8 3/4" INTERMEDIATE #2 HOLE SECTION.=========================================================================RIG RELEASED FROM UNIVERSITY 21-17 #1R @ 06:00 HRS. ON 6-4-2015.SPUD: 06/09/2015 @ 00:00 HRS.TOTAL RIG MOVE HRS.: 106 / DAYS: 4.42TOTAL HRS. FROM SPUD: 126TOTAL DAYS TO TD: -----TOTAL DAYS TO RELEASE: -----DOWNTIME HRS.: 0 TODAY / 1 TOTAL, PERCENTAGE OF DOWNTIME / NPT: 1%=========================================================================LAST 5" D/P INSPECTION WAS ON THE UNIVERSITY 24-17 #1H, ON 12/20/2014. CAT-4 INSPECTION - CSILAST 4'' D/P INSPECTION WAS ON THE SPECTRE ST. 54-4 #1H ST1, ON 3/8/2015. CAT-4 INSPECTION - CSILAST BHA INSPECTION WAS ON THE UNIVERSITY 21-17 #1R, ON 6/4/2015.CSI.=========================================================================SAFETY MTG: JSA'S & SAFETY MEETINGS OVER LAYING DOWN BHA, RIGGING UP CASING CREW, RUNNING CASING, CEMENTING CASING,DAYS SINCE LAST LTA: 351ORI'S TODAY: 0CREW SHORTAGES: NONE.// DOUBLES: 0=========================================================================FLUID LOST TO WELL: 0 BBLS TODAY / 0 TOTAL BBLS, **NO LEAKS OR SPILLS REPORTED OR OBSERVED**=========================================================================BHA #212 1/4" ULTERRA U616M DRESSED W/ 3-16'S, 3x18'S = 1.334 TFA // IMPACT 7 3/4"" - 6/7 LOBE / 4.0 STAGE - 1.5 DEG ADJ., 0.15 RPG,, W/ FLOAT// 12 1/8" NB STAB,// NMDC (MWD) // UBHO // NMDC // 8" SHOCK SUB // 6 5/8 REX X 4.5" XHB X-O // 12- 6.5" D.C'S // X-O 4.5" IFB - 4 1/2"XHP // 9- JNTS 5" HWDP = 766.86REASON PULLED: 9 5/8" CASING RUN / TD INTERMEDIATE #1BIT GRADE: 1/1 // CT( DRLG HRS: 34.5 , CIRC. HRS: 6, TOTAL HRS: 40.5 )

BHA #3:8 3/4" BAKER T607X JETS: 7x14's TFA: 1.052 // HALLIBURTON BLACK BOX SHORT // 6 3/4" 7/8 3.3 STAGE FIXED 1.5 BEND RPG: .14 MAX DIFF: 525 GPM: 300-600 MAX TORQUE: 9,400 // 8 1/4" NM IBS // 6 3/4" NMDC // 6 3/4" HANG-OFF SUB // 6 3/4" NMDC // 8 1/4" IBS // 6 3/4" SHOCK SUB // X-O SUB 4 1/2 IF x 4 1/2 XH // 12 - 6 1/2" DRILL COLLARS // HALLIBURTON BLACK BOX // X-O SUB 4 1/2 XH x 4 1/2 IF // 9 - HWDP // 92 - JOINTS 5" DRILL PIPE // X-O SUB 4 1/2 IF x XT-39TOTAL LENGTH: 4901.75 ( DRLG HRS: 0 , CIRC. HRS: 0, TOTAL HRS: 0 )

=========================================================================20'' CONDUCTOR CSG SET @ 130'13 3/8" SURFACE CSG SET @ 1,440'

9 5/8'' INT. CSG SET @ 4,907'WEATHERFORD FLOAT @ 4,907.62'1 JOINT 9 5/8" 40# N-80 BTC CASINGWEATHERFORD FLOAT @ 4,858.56'106 JOINTS 9 5/8" 40# N-80 BTC CASING1 LANDING JOINT1- CENTRALIZER ON FIRST JOINT 1 CENTRALIZER EVERY 3RD JOINT AFTERTOTAL CENTRALIZERS- 36

7" INT. CSG SET @ XX,XXX'4.5'' PRO. CASING LINER @ XX,XXX'PROPOSED TD: 12,500'=========================================================================LAST SURVEY:

0TVD:

40 / / Sec/Twn/Rng:$3,400,564Total Project Costs:

Rig Name: Precision 594Develop To: 0

JAMES WALKER 318-780-1745Tool Pusher:

Abstract: U39Location Survey: UL

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Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs6/14/2015 10 4910 06 - Trips 9.5 $224,437 $6,116,398$1,059,533

Page 27: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/14/2015

Well Name: UNIVERSITY 40-16 1

Report No: 10

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

DEPTH: 4,848'INC: 2.18AZM: 74.43TVD: 4,846.16'=========================================================================TRRC:NOTIFY TRRC OF INTENT TO SPUD AND SURFACE CASING @ 15:00 HRS 6-8-2015 JOB # 8028NOTIFIED TRRC OF INTENT TO RUN 9 5/8" CASING AND CEMENT @ 06:00 HRS 6-13-2015

BOP Test and Inspection Dates

Last BOP Drill Date:36/11/2015Last BOP Test:

BOP Test Due:Last Inspection:Days Since BOP Tested:

Surveys

Survey No. Inclination Azimuth TVD Vert Sect N/S(+/-) E/W(+/-) DLSSurvey Date Tie In Meas. Depth Des Azi11 4557 3.73 66.60 4555.53 -44.63 -44.63 -24.69 0.646/13/2015 0.0012 4735 2.57 75.17 4733.26 -41.31 -41.31 -15.52 0.706/13/2015 0.0013 4848 2.18 74.43 4846.16 -40.08 -40.08 -11.00 0.356/13/2015 0.00

Date Run Size Weight GradeCasing Top Shoe TestDrift TDHole SizeSet DepthCasing

Type6/8/2015 54.50 J-5527.50 10.0012.615 1440.0017.50013.3751440.18 Surface

Stage

ReciprocateRotate

Bump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

1 0 600 086 CirculatedSpacer, 20, 0, FRESH WATER, , 0, 0No.1Tail, 0, 1315, 4% GEL + 1/4#/SK CELLO FLAKE + 5% SALT + .004 GPS CF-41L, Class C, 1.79, 13.5No.2Displacement, 216, 0, FRESH WATER, , 0, 0No.36/13/2015 40.00 HCNL-8026.50 9.700.000 4910.0012.2509.6254907.62 Intermediate

Stage

ReciprocateRotate

Bump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

1 0 599 4000 CalculatedSpacer, 20, 0, 20 BBL FRESH WATER SPACER, , 0, 0No.1Lead, 0, 945, 1% SMS + 1/4#/SK CELLO FLAKE + 5% SALT, Class C, 2.52, 12No.2Tail, 0, 150, 1/10% C-20, Class C, 1.33, 14.8No.3Spacer, 10, 0, 10 BBL FRESH WATER SPACER, , 0, 0No.4Displacement, 356, 0, 356 BBL BRINE WATER, , 0, 0No.5

Time Wind Dir Wind Knots Sky Conditions Temp RemarksWeather

Mud Properties

9.50 12029 2 1/1/1 100.0 100.0 0

10.00 1.30 0.40 1.40 900107000 00.13 00.00

23:004910

0.0

0.0 0

FL FC

pH

HTFLTime

CaCl2Lime Mud LostEDTA

Wt In PVVis YP Gels

Pm Pf Mf CaCl

Depth

LCM

MBT ES

0.0

9.50 0.0%6.0% 0.0%94.0%

0.00 320

SandSolid OilWater

ECD

Wt Out

Pom O/W RatioTotal Sal.

FL Temp

0.00HTFC

0Water Lost Remarks

Hours Summary ( Daily / Cumulative )0.00Drilling 0.00Rotating 7.00Trips 1.00Circulating 0.00Down 16.00Other49 49 23 6 1 162

Page 2 of 5 7/22/2015Powered by Production Access

Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs6/14/2015 10 4910 06 - Trips 9.5 $224,437 $6,116,398$1,059,533

Page 28: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/14/2015

Well Name: UNIVERSITY 40-16 1

Report No: 10

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

CodeOperations

Start Hrs Remarks RunEnd DepthStart Depth

066:00 2.00 POOH TO RUN 9 5/8" INTERM1 CASING. MONITORING DISP TO / FROM T/T HOLE SLIGHTLY OVER DISPLACING CONTINUE OUT OF HOLE @ CALC. DISP. T/ BHA

249104910

068:00 2.50 L/D BHA #2: 12 1/4" ULTERRA U616M DRESSED W/ 3-16'S, 3x18'S = 1.334 TFA // IMPACT 7 3/4"" - 6/7 LOBE / 4.0 STAGE - 1.5 DEG ADJ., 0.15 RPG,, W/ FLOAT// 12 1/8" NB STAB,// NMDC (MWD) // UBHO // NMDC // 8" SHOCK SUB // 6 5/8 REX X 4.5" XHB X-O // 12- 6.5" D.C'S // X-O 4.5" IFB - 4 1/2"XHP // 9- JNTS 5" HWDP = 766.86 BIT GRADE: 1/3/BC

249104910

0610:30 2.00 CLEAR RIG FLOOR, RIGGING UP CASING CREW. R/U BAIL EXTENSIONS, FILL UP HOSE,HELD SAFETY MEETING WITH ALL HANDS OVER RUNNING PROCEDURES AND HAZARDS.

NIH49104910

1212:30 10.50 RUN 9 5/8", 40 PPF, HCL-80, BTC SURFACE CASING AS FOLLOWS: RUN FLOAT SHOE, ONE SHOE JOINT, FLOAT COLLAR AND ONE MORE JOINT OF CASING. THREAD LOCK ALL CONNECTIONS UP THRU FLOAT COLLAR. SWAGE UP AND CHECK FLOAT FUNCTION. FLOATS GOOD. CONTINUE RUNNING CASING. INSTALLED 1 CENTRALIZER ON SHOE JOINT 6' FROM FLOAT COLLAR, ONE CENTRALIZER THEN ONE EVERY 3RD JOINT BACK TO SURFACE (TOTAL OF 36 CENTS), FILL ON EACH JOINT & COMPLETELY FILL UP EVERY 50 JOINTS. RAN A TOTAL OF 107 OF 107 JOINTS OF CASING. WHEN MAKING UP CASING, MONITORED TORQUE VALUE TO MAKEUP CASING TO THE BASE OF THE TRIANGLE. NOTED THE FIRST FIVE TORQUE VALUES AND AVERAGED OUT TORQUE (8,500 FT/LBS). USE THIS TORQUE VALUE AND RECHECKED EVERY 5 JOINTS.

9 5/8'' INT. CSG SET @ 4,907'WEATHERFORD FLOAT @ 4,907.62'1 JOINT 9 5/8" 40# N-80 BTC CASINGWEATHERFORD FLOAT @ 4,858.56'106 JOINTS 9 5/8" 40# N-80 BTC CASING1 LANDING JOINT **NOTE WHILE MAKING UP FLOAT & SHOE TORQUE TO TRIANGLE WERE 13,500 FT/LBS**

NIH49104910

0523:00 1.00 RIG DOWN CASING CREW / CIRCULATE CASING CAPACITY NIH49104910120:00 0.50 HOLD PJSM AND RIG UP O-TEX CEMENTERS NIH49104910120:30 2.00 FILL AND TEST CEMENT LINES @ 3000 PSI. PUMP 20 BBL FRESH WATER SPACER.

PUMP 945 SX ( 424 BBLS ) LEAD: CLASS C CEMENT @ 1% SMS + 1/4#/SK CELLO FLAKE + 5% SALT @ 7.5 BPM 494 PSI // 12# // YEILD: 2.52 . PUMP 150 SX ( 35 BBLS ) TAIL: 1/10% C-20 @ 5.5 BPM 292 PSI // 14.8# // YEILD: 1.33. DROP PLUG AND DISPLACE 10 BBLS FRESH WATER. SWITCH TO 9.5 PPG BRINE AND DISPLACE 356 BBLS @ 9 BPM 599 PSI. SLOW PUMPS TO 3 BPM ON LASAT 20 BBLS OF DISPLACEMENT. LAND PLUG WITH 500 PSI OVER ( 1106 PSI ). HOLD PRESSURE FOR 5 MIN. BLEED OF PRESSURE. BLED BACK 2 BBLS, FLOATS HOLDING. ESTIMATED TOP OF LEAD @ 400', ESTIMATED TOP OF TAIL @ 4,390'

NIH49104910

122:30 0.50 RIG DOWN O-TEX CEMENTERS NIH49104910143:00 1.50 BACK OUT LANDING JOINT AND INSTALL PACK OFF ASSEMBLY ON TOP OF LANDING

MANDREL. TEST PACK ASSEMBLY @ 5,000 PSI. LAY DOWN LANDING JOINT.NIH49104910

214:30 1.00 REMOVE BELL EXTENSIONS, PREP FLOOR FOR PICKING UP BHA. INSTALL WEAR BUSHING AND LOCK DOWN SAME

NIH49104910

065:30 0.50 STAGE BHA ON RACKS. PICK UP AND MAKE UP BHA #3 NIH4910491024.00Total:

Drilling Data

ROP:142000136000Hook Load:

2700Pres on Bot: Press Off Bot:0.00Slack Off: 6000Over Pull:

Kickoff Depth: 0133000

2200Pick Up:

Crew Status: ON Remarks: NONE9039WOB: Motor RPM: 8500Torque:106Rotary RPM:

0.00BHA Hours:

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Page 29: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/14/2015

Well Name: UNIVERSITY 40-16 1

Report No: 10

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

Daily Bits

1440 4910 3470 100.63470 34.502Jets 18 / 18 / 18 / 16 / 16 / 16 / 0 / 0 1 / 1 / CT / NO / N / 0 / 1 / TDChar (I/O/D/O/L/B/G/R)

FtgBit In Out ROP WOBTot Ftg Hrs RPM

TFA 1.356/10/2015

Date In2

BHA29421Serial No.

0Torq

34.50Tot Hrs

0MRPM

12 1/4Size

Date Out 6/13/2015Ulterra U616MManufac. Type

Ftg MRPMHrs GPMMotor Size Brand TypeMud Motors

Cum Ftg Cum Hrs2 7.75 NOV 6/7 4.0 1.5 ADJ .15 RPG 1876 15.5 1137541876 15.5

4910 8562 3652 81.2 353652 45.003Jets 14 / 14 / 14 / 14 / 14 / 14 / 14 / 0

801 / 5 / BT / CT / S / E / 1 / PRChar (I/O/D/O/L/B/G/R)

FtgBit In Out ROP WOBTot Ftg Hrs RPM

TFA 1.056/14/2015

Date In3

BHA7152216Serial No.

8500Torq

45.00Tot Hrs

70MRPM

8.75Size

Date Out 6/17/2015Baker T607XManufac. Type

Ftg MRPMHrs GPMMotor Size Brand TypeMud Motors

Cum Ftg Cum Hrs3 6.75 GYRODATA 7/8 3.3 1.5 FIXED .14 RPG 0 0 1067540 0.0

Tot LengthComponent Qty Length OD Avg ID Avg RemarksDrilling Assembly

Bit - PDC - Fixed Cutter 1 1.00 8.750 0.000 1.00 BAKER T607X JETS: 7x14 TFA: 1.052 S/N: 7152216Other 1 1.02 6.500 2.000 2.02 HALLIBURTON BLACK BOX S/N: 019Motor - steerable 1 30.34 6.750 0.000 32.366 3/4" GYRODATA 7/8 3.3 STAGE 1.5 FIXED BEND RPG: .14 // GPM: 300-600 // MAX DIFF: 525 // MAX TORQUE: 9,400Stab - Undergauge 1 6.16 6.785 2.750 38.52 8 1/4" NM IBS S/N: AWNS-4512Monel 1 30.75 6.625 3.785 69.27 NMDC S/N: AWS67530-3502Sub - Orienting 1 6.04 6.785 3.250 75.31 HALLIBURTON HANG OFF SUB S/N: 12414389Monel 1 31.07 6.500 3.250 106.38 NMDC S/N: AWS675-30-4859Stab - Undergauge 1 5.10 6.750 2.500 111.48 8 1/4" IBS S/N: AWSS-4869Sub - Shock 1 11.56 6.500 2.500 123.04 6 3/4" SHOCK SUB S/N: 900564Sub - XO 1 2.33 6.785 2.785 125.37 X-O SUB 4 1/2 IF x 4 1/2 XH S/N: AWST-3384Drill collar 12 365.79 6.500 2.875 491.16 PRECISION DRILL COLLARSOther 1 4.62 6.750 2.500 495.78 HALLIBURTON BLACK BOX S/N: 613210-3Sub - XO 1 3.39 6.875 2.750 499.17 X-O SUB 4 1/2 XH x 4 1/2 IF S/N: 5120HWDP 9 278.04 5.000 3.000 777.21 PRECISION 5" HWDPDrill pipe 92 4120.59 5.000 3.000 4897.80 PRECISION 5" DRILL PIPESub - XO 1 3.95 6.750 2.500 4901.75 X-O SUB 4 1/2 IF x XT-39 S/N: AWST-3459

Pump No Model Liner Size Stroke Max PSI Max SPM SPM GPM Press. Slow Pump Rates/Pres.Mud Pumps

FD-1600 6 12 4450 1151 377 215090 0/0 0/00/0FD-1600 6 12 4450 1152 377 215090 0/0 0/00/0

Item Received Used LostBeg Inv Transfrd End InvUnitsInventory

Diesel 0 0 0 84558455 0gal

Company Qty. HoursService Company Qty. HoursServicePersonnel Data

ANCHOR DRILLING FL 1 24.00MUD ENGINEER New Prospect Company 2 24.00CO MANPrecision Drilling 11 132.00Rig Crews

180.00Totals 14.00

PersonnelFirst AidType Date Activity Company Name

Health Safety and Environment

Lost Time

Med Visit

Drilling 6/13/2015 PRECISION / BUTCHES / OTEX / ENERGENALL PERSONAL ON-SITEJSA'S & SAFETY MEETINGS OVER LAYING DOWN BHA, RIGGING UP CASING CREW, RUNNING CASING, CEMENTING CASING,

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Page 30: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/14/2015

Well Name: UNIVERSITY 40-16 1

Report No: 10

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

Daily Cost DetailsCode Remarks Daily Exp Cum ExpIDC Vendor

20.950.030IDC - ROAD & SITE CON $175,00020.950.070IDC - INSURANCE & BO $10,00020.950.080IDC - PERMITS SURVEY $45,00020.950.101IDC - DRILL - BIT $12,80020.950.102IDC - DRILL - CEMENT & $15,279 $56,474CEMENT 9 5/8" CASINGO-TEX PUMPING LLC20.950.103IDC - DRILL - CONTRAC $23,500 $230,000RIG & CREWSPRECISION DRILLING20.950.105IDC - DRILL - EQUIPMEN $50 $6,577DAILY H2S MINIMAL PACKAGSaFETY SOLUTIONS20.950.105IDC - DRILL - EQUIPMEN $540 $6,577DAILY RENTAL ON RCD ROTHalliburton20.950.105IDC - DRILL - EQUIPMEN $281 $6,577DAILY RENTAL ON RAMS.ThOMAS TOOLS20.950.105IDC - DRILL - EQUIPMEN $340 $6,577DUAL CHOKES & IGNITOR.IRONHORSE20.950.105IDC - DRILL - EQUIPMEN $191 $6,577FORK LIFT & MAN LIFT RENTPRECISION/ NEFF20.950.106IDC - DRILL - FUEL $29,19120.950.107IDC - DRILL - EQUIPMEN $2,89420.950.109IDC - DRILL - DIRECTIO $5,725 $53,680DAILY DIRECTIONAL COSTSPREMIER DIRECTIONA20.950.111IDC - DRILL - MOBDEMO $75,00020.950.114IDC - DRILL - SURFACE $680 $23,960TOTAL FOR GENERATOR, RETAN MAR20.950.114IDC - DRILL - SURFACE $650 $23,960HOUSING PACKAGETAN MAR20.950.114IDC - DRILL - SURFACE $60 $23,9602 X FRAC TANKSLEOS TRUCKING20.950.114IDC - DRILL - SURFACE $500 $23,960300 BBL. PRE-MIX & TRANSFPORTABLE MUD SYS.20.950.114IDC - DRILL - SURFACE $186 $23,960COMMUNICATIONS PACKAGRIG NET/ LANDTEL20.950.114IDC - DRILL - SURFACE $90 $23,9602 X LIGHT TOWERS & TRASHK.C. SERVICES20.950.117IDC - DRILL - SPECIAL S $3,500 $26,441CRT TOOL RENTALButch's Rathole20.950.117IDC - DRILL - SPECIAL S $5,950 $26,441CASING CREW RUN 9 5/8" CButch's Rathole

$57,522 $800,789Total IDC:Code Remarks Daily Exp Cum ExpTDC Vendor

20.940.103TDC - DE - OTHER EQUI $1,161 $1,1619 5/8" FLOAT EQUIPMENT, PIWeatherford20.940.106TDC - DE - SURFACE CA $95,53720.940.109TDC - INTERMEDIATE C $162,046 $162,0464,910' OF 9 5/8" CASINGSooner Pipe, L.L.P.

$163,207 $258,744Total TDC:Total Cumulative Well Costs: $220,729 $1,059,533

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Page 31: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/15/2015

Well Name: UNIVERSITY 40-16 1

Report No: 11

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

Surface Location: 1980 FNL, 1757 FWL - WARD, TX

$48,461$1,107,994

Formation:

Daily Costs:This AFE DHC to Date:

API Code: 4247536999

4910Start Depth(ft):

6/9/2015Spud Date:

24 Hr. Footage:

RKB to MSL: 257224Ending Depth(ft):

$3,180,125AFE DHC:MICHAEL MCCARTCODY CHAMBERS

Rig Supervisor 1: 940-366-6615832-314-9929

RKB to CHF:$3,400,564

$3,548Total w/ Assoc AFEs :

Daily Mud Costs:

PBE1510032AFE #:

7Days from Spud:Field Name: Wellcore

2314RKB to LMF:

RKB to THF:

02 - Drilling

$1,107,994This AFE CWC to Date:

Cum Mud Costs: $57,321Rig Company:

2527.5

Rpt T. Activity:

Precision Drilling 26.5

11Report No:$6,116,398AFE Total:

Rig Supervisor 2:

DRILL 8 3/4" INTERM2 HOLE F/ 7,224'Operation Desc:

24-Hour Summary/Remarks: P/U & M/U BHA #3, T.I.H WITH BHA, TEST CASING, DRILL FLOAT EQUIPMENT & SHOE TRACK, ROT & SLIDE DRILL 8 3/4" INTERM2 HOLE F/ 4,910' - T/ 7,224' ( 2314' @ 149 FPH ), RIG SERVICE.Next Day Operations: ROT & SLIDE DRILL 8 3/4” INTERM2 H@OLE F/ 7,224' =========================================================================RIG RELEASED FROM UNIVERSITY 21-17 #1R @ 06:00 HRS. ON 6-4-2015.SPUD: 06/09/2015 @ 00:00 HRS.TOTAL RIG MOVE HRS.: 106 / DAYS: 4.42TOTAL HRS. FROM SPUD: 160TOTAL DAYS TO TD: -----TOTAL DAYS TO RELEASE: -----DOWNTIME HRS.: 0 TODAY / 1 TOTAL, PERCENTAGE OF DOWNTIME / NPT: 0.625%=========================================================================LAST 5" D/P INSPECTION WAS ON THE UNIVERSITY 24-17 #1H, ON 12/20/2014. CAT-4 INSPECTION - CSILAST 4'' D/P INSPECTION WAS ON THE SPECTRE ST. 54-4 #1H ST1, ON 3/8/2015. CAT-4 INSPECTION - CSILAST BHA INSPECTION WAS ON THE UNIVERSITY 21-17 #1R, ON 6/4/2015.CSI.=========================================================================SAFETY MTG: JSA'S & SAFETY MEETINGS OVER PICKING UP BHA, T.I.H, DRILLING, GENERAL HOUSEKEEPING, P/U D.P FROM PIPE CAT.DAYS SINCE LAST LTA: 351ORI'S TODAY: 0CREW SHORTAGES: NONE.// DOUBLES: 0=========================================================================FLUID LOST TO WELL: 0 BBLS TODAY / 0 TOTAL BBLS, **NO LEAKS OR SPILLS REPORTED OR OBSERVED**=========================================================================BHA #212 1/4" ULTERRA U616M DRESSED W/ 3-16'S, 3x18'S = 1.334 TFA // IMPACT 7 3/4"" - 6/7 LOBE / 4.0 STAGE - 1.5 DEG ADJ., 0.15 RPG,, W/ FLOAT// 12 1/8" NB STAB,// NMDC (MWD) // UBHO // NMDC // 8" SHOCK SUB // 6 5/8 REX X 4.5" XHB X-O // 12- 6.5" D.C'S // X-O 4.5" IFB - 4 1/2"XHP // 9- JNTS 5" HWDP = 766.86REASON PULLED: 9 5/8" CASING RUN / TD INTERMEDIATE #1BIT GRADE: 1/1 // CT( DRLG HRS: 34.5 , CIRC. HRS: 6, TOTAL HRS: 40.5 )

BHA #3:8 3/4" BAKER T607X JETS: 7x14's TFA: 1.052 // HALLIBURTON BLACK BOX SHORT // 6 3/4" 7/8 3.3 STAGE FIXED 1.5 BEND RPG: .14 MAX DIFF: 525 GPM: 300-600 MAX TORQUE: 9,400 // 8 1/4" NM IBS // 6 3/4" NMDC // 6 3/4" HANG-OFF SUB // 6 3/4" NMDC // 8 1/4" IBS // 6 3/4" SHOCK SUB // X-O SUB 4 1/2 IF x 4 1/2 XH // 12 - 6 1/2" DRILL COLLARS // HALLIBURTON BLACK BOX // X-O SUB 4 1/2 XH x 4 1/2 IF // 9 - HWDP TOTAL LENGTH: 4901.75 DAILY DRLG HRS = 15.5, DAILY TOTAL FOOTAGE: 2314, DAILY R.O.P: 149.3 FPH, TOTAL DRLG HRS: 15.5, TOTAL DAILY FOOTAGE: 2314, TOTAL RUN R.O.P: 149.3 ( PULLED FOR ?????)

=========================================================================20'' CONDUCTOR CSG SET @ 130'13 3/8" SURFACE CSG SET @ 1,440'

9 5/8'' INT. CSG SET @ 4,907'WEATHERFORD FLOAT @ 4,907.62'1 JOINT 9 5/8" 40# N-80 BTC CASINGWEATHERFORD FLOAT @ 4,858.56'106 JOINTS 9 5/8" 40# N-80 BTC CASING1 LANDING JOINT1- CENTRALIZER ON FIRST JOINT 1 CENTRALIZER EVERY 3RD JOINT AFTERTOTAL CENTRALIZERS- 36

7" INT. CSG SET @ XX,XXX'4.5'' PRO. CASING LINER @ XX,XXX'PROPOSED TD: 12,500'=========================================================================LAST SURVEY:DEPTH: 4,848'INC: 2.18AZM: 74.43

0TVD:

40 / / Sec/Twn/Rng:$3,400,564Total Project Costs:

Rig Name: Precision 594Develop To: 0

JAMES WALKER 318-780-1745Tool Pusher:

Abstract: U39Location Survey: UL

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Page 32: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/15/2015

Well Name: UNIVERSITY 40-16 1

Report No: 11

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

TVD: 4,846.16'=========================================================================TRRC:NOTIFY TRRC OF INTENT TO SPUD AND SURFACE CASING @ 15:00 HRS 6-8-2015 JOB # 8028NOTIFIED TRRC OF INTENT TO RUN 9 5/8" CASING AND CEMENT @ 06:00 HRS 6-13-2015

BOP Test and Inspection Dates

Last BOP Drill Date:46/11/2015Last BOP Test:

BOP Test Due:Last Inspection:Days Since BOP Tested:

Surveys

Survey No. Inclination Azimuth TVD Vert Sect N/S(+/-) E/W(+/-) DLSSurvey Date Tie In Meas. Depth Des Azi16 6173 0.57 156.62 6170.84 -41.49 -41.49 14.12 0.126/15/2015 0.0017 6620 0.58 167.92 6617.81 -45.75 -45.75 15.48 0.036/15/2015 0.0018 7068 1.08 180.10 7065.77 -52.19 -52.19 15.95 0.126/15/2015 0.00

Date Run Size Weight GradeCasing Top Shoe TestDrift TDHole SizeSet DepthCasing

Type6/8/2015 54.50 J-5527.50 10.0012.615 1440.0017.50013.3751440.18 Surface

Stage

ReciprocateRotate

Bump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

1 0 600 086 CirculatedSpacer, 20, 0, FRESH WATER, , 0, 0No.1Tail, 0, 1315, 4% GEL + 1/4#/SK CELLO FLAKE + 5% SALT + .004 GPS CF-41L, Class C, 1.79, 13.5No.2Displacement, 216, 0, FRESH WATER, , 0, 0No.36/13/2015 40.00 HCNL-8026.50 9.700.000 4910.0012.2509.6254907.62 Intermediate

Stage

ReciprocateRotate

Bump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

1 0 599 4000 CalculatedSpacer, 20, 0, 20 BBL FRESH WATER SPACER, , 0, 0No.1Lead, 0, 945, 1% SMS + 1/4#/SK CELLO FLAKE + 5% SALT, Class C, 2.52, 12No.2Tail, 0, 150, 1/10% C-20, Class C, 1.33, 14.8No.3Spacer, 10, 0, 10 BBL FRESH WATER SPACER, , 0, 0No.4Displacement, 356, 0, 356 BBL BRINE WATER, , 0, 0No.5

Time Wind Dir Wind Knots Sky Conditions Temp RemarksWeather

Mud Properties

9.10 229 1 1/1/1 100.0 100.0 0

10.30 1.20 0.30 1.30 90095000 00.18 00.00

21:006120

0.0

0.0 0

FL FC

pH

HTFLTime

CaCl2Lime Mud LostEDTA

Wt In PVVis YP Gels

Pm Pf Mf CaCl

Depth

LCM

MBT ES

0.0

9.10 0.0%7.0% 0.0%93.0%

0.00 900

SandSolid OilWater

ECD

Wt Out

Pom O/W RatioTotal Sal.

85FL Temp

0.00HTFC

0Water Lost

FINISHED RUNNING 9.625" CASING TO BOTTOM. R/U CEMENT CREW AND CEMENTED WITH NO PROBLEMS R/D CEMENT CREW AND WOC. M/U BHA TIH AND TAGGED CEMENT AND DRILLED OUT. CURRENTLY DRILLING AHEAD AT 6120'

Remarks

Hours Summary ( Daily / Cumulative )17.00Drilling 17.00Rotating 5.50Trips 1.00Circulating 0.00Down 1.00Other66 66 28 7 1 163

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Page 33: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/15/2015

Well Name: UNIVERSITY 40-16 1

Report No: 11

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

CodeOperations

Start Hrs Remarks RunEnd DepthStart Depth

066:00 2.50 STRAP & CALIPER ALL TOOLS. P/U BHA AS FOLLOWS: BHA #3 - 8 3/4" HTC DP607X DRESSED W/ 7-14'S 1.052 TFA // GYRODATA 6 3/4"" - 7/8 LOBE / 3.3 STAGE - 1.5 DEG FIXED W/ SS, 0.14 RPG PDM W/ FLOAT // BLACK BOX SHORT // NM 8 1/4" STAB W/ FLOAT // NMDC // UBHO // NMDC // NM 8 1/4" STAB // 6 3/4" SHOCK SUB // X-O 4 1/2" XHB - 4 1/2"IFP // 12- 6.5" DC'S // BLACK BOX LONG // X-O 4 1/2" IFB - 4 1/2" XHP // 9 - 4.5" HWDP // BHA: 777.21 SURFACE TEST MWD OK.

NIH49104910

068:30 3.00 T.I.H W/ BHA #3 TAG CEMENT @ 4,818', 3491049100511:30 1.00 FILL PIPE & TEST CSG, PRESSURE UP TO 1500 PSI AND TEST CSG. HOLD FOR 30

MIN. TEST GOOD. BLEED OF PRESSURE THRU CHOKES. GOOD TEST.349104910

0212:30 1.50 DRILL SHOE TRACK, TAGGED CMT @ 4,818' AND FLOAT COLLAR @ 4,851' DRILLED FIRM CMT IN SHOE TRACK, TAGGED FLOAT SHOE @ 4,907'. F/ 4,818' - T/ 4,907'

349104910

0214:00 3.50 ROT DRILL 8 3/4” INTERM2 HOLE F/ 4,910' - T/ 5,612' ( 702' @ 201 FPH ) WOB- 10/35, SPM- 142, GPM- 596, SPP- 2200/2600, RPM- 60/80, MM RPM- 83, TOTAL RPM- 163, DIFF PSI- 350/550, TORQ- 8,000/13,500, MW- 9.2 IN & OUT.

**PUMPING 30 BBLS ALTERNATING HI VIS (90 VIS), WEIGHTED (10 PPG) SWEEPS EVERY 200'**

356124910

0717:30 1.00 RIG SERVICE / SERVICE TOP DRIVE. 3561256120218:00 12.00 ROT & SLIDE DRILL 8 3/4” INTERM2 H@OLE F/ 5,612' - T/ 7,224' ( 1612' @ 134.3 FPH )

WOB- 20/35, SPM- 142, GPM- 596, SPP- 2200/2600, RPM- 60/80, MM RPM- 83, TOTAL RPM- 163, DIFF PSI- 350/550, TORQ- 8,000/13,500, MW- 9.2 IN & OUT.

**PUMPING 30 BBLS ALTERNATING HI VIS (90 VIS), WEIGHTED (10 PPG) SWEEPS EVERY 200'**.

DRILLING BREAKDOWN:

372245612

24.50Total:Drilling Data

ROP:142000136000Hook Load:

2500Pres on Bot: Press Off Bot:136.12Slack Off: 6000Over Pull:

Kickoff Depth: 0133000

2150Pick Up:

Crew Status: ON Remarks: NONE8035WOB: Motor RPM: 11500Torque:83Rotary RPM:

0.00BHA Hours:Daily Bits

4910 8562 3652 81.2 353652 45.003Jets 14 / 14 / 14 / 14 / 14 / 14 / 14 / 0

801 / 5 / BT / CT / S / E / 1 / PRChar (I/O/D/O/L/B/G/R)

FtgBit In Out ROP WOBTot Ftg Hrs RPM

TFA 1.056/14/2015

Date In3

BHA7152216Serial No.

8500Torq

45.00Tot Hrs

70MRPM

8.75Size

Date Out 6/17/2015Baker T607XManufac. Type

Ftg MRPMHrs GPMMotor Size Brand TypeMud Motors

Cum Ftg Cum Hrs3 6.75 GYRODATA 7/8 3.3 1.5 FIXED .14 RPG 0 0 1067540 0.0

Tot LengthComponent Qty Length OD Avg ID Avg RemarksDrilling Assembly

Bit - PDC - Fixed Cutter 1 1.00 8.750 0.000 1.00 BAKER T607X JETS: 7x14 TFA: 1.052 S/N: 7152216Other 1 1.02 6.500 2.000 2.02 HALLIBURTON BLACK BOX S/N: 019Motor - steerable 1 30.34 6.750 0.000 32.366 3/4" GYRODATA 7/8 3.3 STAGE 1.5 FIXED BEND RPG: .14 // GPM: 300-600 // MAX DIFF: 525 // MAX TORQUE: 9,400Stab - Undergauge 1 6.16 6.785 2.750 38.52 8 1/4" NM IBS S/N: AWNS-4512Monel 1 30.75 6.625 3.785 69.27 NMDC S/N: AWS67530-3502Sub - Orienting 1 6.04 6.785 3.250 75.31 HALLIBURTON HANG OFF SUB S/N: 12414389Monel 1 31.07 6.500 3.250 106.38 NMDC S/N: AWS675-30-4859Stab - Undergauge 1 5.10 6.750 2.500 111.48 8 1/4" IBS S/N: AWSS-4869Sub - Shock 1 11.56 6.500 2.500 123.04 6 3/4" SHOCK SUB S/N: 900564Sub - XO 1 2.33 6.785 2.785 125.37 X-O SUB 4 1/2 IF x 4 1/2 XH S/N: AWST-3384Drill collar 12 365.79 6.500 2.875 491.16 PRECISION DRILL COLLARSOther 1 4.62 6.750 2.500 495.78 HALLIBURTON BLACK BOX S/N: 613210-3Sub - XO 1 3.39 6.875 2.750 499.17 X-O SUB 4 1/2 XH x 4 1/2 IF S/N: 5120HWDP 9 278.04 5.000 3.000 777.21 PRECISION 5" HWDPDrill pipe 92 4120.59 5.000 3.000 4897.80 PRECISION 5" DRILL PIPESub - XO 1 3.95 6.750 2.500 4901.75 X-O SUB 4 1/2 IF x XT-39 S/N: AWST-3459

Pump No Model Liner Size Stroke Max PSI Max SPM SPM GPM Press. Slow Pump Rates/Pres.Mud Pumps

FD-1600 6 12 4450 1151 297 250071 30/205 40/28320/146FD-1600 6 12 4450 1152 297 250071 30/205 40/28420/150

Item Received Used LostBeg Inv Transfrd End InvUnitsInventory

Diesel 2748 0 0 57078455 0gal

Page 3 of 4 7/22/2015Powered by Production Access

Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs6/15/2015 11 7224 02 - Drilling 9.1 $48,461 $6,116,398$1,107,994

Page 34: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/15/2015

Well Name: UNIVERSITY 40-16 1

Report No: 11

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

Company Qty. HoursService Company Qty. HoursServicePersonnel Data

ANCHOR DRILLING FL 1 24.00MUD ENGINEER New Prospect Company 2 24.00CO MANPrecision Drilling 11 132.00Rig Crews

180.00Totals 14.00

PersonnelFirst AidType Date Activity Company Name

Health Safety and Environment

Lost Time

Med Visit

Drilling 6/14/2015 PRECISION / PREMIER / ENERGENALL PERSONAL ON-SITEJSA'S & SAFETY MEETINGS OVER PICKING UP BHA, T.I.H, DRILLING, GENERAL HOUSEKEEPING, P/U D.P FROM PIPE CAT.

Daily Cost DetailsCode Remarks Daily Exp Cum ExpIDC Vendor

20.950.030IDC - ROAD & SITE CON $175,00020.950.070IDC - INSURANCE & BO $10,00020.950.080IDC - PERMITS SURVEY $45,00020.950.101IDC - DRILL - BIT $10,800 $23,600BIT #3 HTC T607XBAKER HUGHES BITS20.950.102IDC - DRILL - CEMENT & $56,47420.950.103IDC - DRILL - CONTRAC $23,500 $253,500RIG & CREWSPRECISION DRILLING20.950.105IDC - DRILL - EQUIPMEN $281 $7,979DAILY RENTAL ON RAMS.ThOMAS TOOLS20.950.105IDC - DRILL - EQUIPMEN $340 $7,979DUAL CHOKES & IGNITOR.IRONHORSE20.950.105IDC - DRILL - EQUIPMEN $540 $7,979DAILY RENTAL ON RCD ROTHalliburton20.950.105IDC - DRILL - EQUIPMEN $50 $7,979DAILY H2S MINIMAL PACKAGSaFETY SOLUTIONS20.950.105IDC - DRILL - EQUIPMEN $191 $7,979FORK LIFT & MAN LIFT RENTPRECISION/ NEFF20.950.106IDC - DRILL - FUEL $29,19120.950.107IDC - DRILL - EQUIPMEN $2,89420.950.109IDC - DRILL - DIRECTIO $5,725 $59,405DAILY DIRECTIONAL COSTSPREMIER DIRECTIONA20.950.111IDC - DRILL - MOBDEMO $75,00020.950.114IDC - DRILL - SURFACE $90 $25,4462 X LIGHT TOWERS & TRASHK.C. SERVICES20.950.114IDC - DRILL - SURFACE $500 $25,446300 BBL. PRE-MIX & TRANSFPORTABLE MUD SYS.20.950.114IDC - DRILL - SURFACE $186 $25,446COMMUNICATIONS PACKAGRIG NET/ LANDTEL20.950.114IDC - DRILL - SURFACE $650 $25,446HOUSING PACKAGETAN MAR20.950.114IDC - DRILL - SURFACE $60 $25,4462 X FRAC TANKSLEOS TRUCKING20.950.117IDC - DRILL - SPECIAL S $26,44120.950.118IDC - DRILL - DRILLING $2,000 $2,000WELLSITE SUPERVISORROWDY CONSULTING

$44,913 $849,251Total IDC:Code Remarks Daily Exp Cum ExpTDC Vendor

20.940.103TDC - DE - OTHER EQUI $1,16120.940.106TDC - DE - SURFACE CA $95,53720.940.109TDC - INTERMEDIATE C $162,046

$258,744Total TDC:Total Cumulative Well Costs: $44,913 $1,107,994

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Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs6/15/2015 11 7224 02 - Drilling 9.1 $48,461 $6,116,398$1,107,994

Page 35: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/16/2015

Well Name: UNIVERSITY 40-16 1

Report No: 12

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

Surface Location: 1980 FNL, 1757 FWL - WARD, TX

$52,372$1,160,366

Formation:

Daily Costs:This AFE DHC to Date:

API Code: 4247536999

7224Start Depth(ft):

6/9/2015Spud Date:

24 Hr. Footage:

RKB to MSL: 258420Ending Depth(ft):

$3,180,125AFE DHC:MICHAEL MCCARTCODY CHAMBERS

Rig Supervisor 1: 940-366-6615832-314-9929

RKB to CHF:$3,400,564

$2,908Total w/ Assoc AFEs :

Daily Mud Costs:

PBE1510032AFE #:

8Days from Spud:Field Name: Wellcore

1196RKB to LMF:

RKB to THF:

02 - Drilling

$1,160,366This AFE CWC to Date:

Cum Mud Costs: $60,229Rig Company:

2527.5

Rpt T. Activity:

Precision Drilling 26.5

12Report No:$6,116,398AFE Total:

Rig Supervisor 2:

DRILL 8 3/4" INTERM2 HOLE F/ 8,420'Operation Desc:

24-Hour Summary/Remarks: ROT & SLIDE DRILL 8 3/4" INTERM2 HOLE F/ 7,224' - T/ 8,420' ( 1196' @ 51 FPH ), RIG SERVICE.Next Day Operations: ROT & SLIDE DRILL 8 3/4" INTERM2 HOLE F/ 8,420' =========================================================================RIG RELEASED FROM UNIVERSITY 21-17 #1R @ 06:00 HRS. ON 6-4-2015.SPUD: 06/09/2015 @ 00:00 HRS.TOTAL RIG MOVE HRS.: 106 / DAYS: 4.42TOTAL HRS. FROM SPUD: 184TOTAL DAYS TO TD: -----TOTAL DAYS TO RELEASE: -----DOWNTIME HRS.: 0 TODAY / 1 TOTAL, PERCENTAGE OF DOWNTIME / NPT: 0.54%=========================================================================LAST 5" D/P INSPECTION WAS ON THE UNIVERSITY 24-17 #1H, ON 12/20/2014. CAT-4 INSPECTION - CSILAST 4'' D/P INSPECTION WAS ON THE SPECTRE ST. 54-4 #1H ST1, ON 3/8/2015. CAT-4 INSPECTION - CSILAST BHA INSPECTION WAS ON THE UNIVERSITY 21-17 #1R, ON 6/4/2015.CSI.=========================================================================SAFETY MTG: JSA'S & SAFETY MEETINGS OVER PICKING UP BHA, T.I.H, DRILLING, GENERAL HOUSEKEEPING, P/U D.P FROM PIPE CAT.DAYS SINCE LAST LTA: 351ORI'S TODAY: 0CREW SHORTAGES: NONE.// DOUBLES: 0=========================================================================FLUID LOST TO WELL: 0 BBLS TODAY / 0 TOTAL BBLS, **NO LEAKS OR SPILLS REPORTED OR OBSERVED**=========================================================================BHA #212 1/4" ULTERRA U616M DRESSED W/ 3-16'S, 3x18'S = 1.334 TFA // IMPACT 7 3/4"" - 6/7 LOBE / 4.0 STAGE - 1.5 DEG ADJ., 0.15 RPG,, W/ FLOAT// 12 1/8" NB STAB,// NMDC (MWD) // UBHO // NMDC // 8" SHOCK SUB // 6 5/8 REX X 4.5" XHB X-O // 12- 6.5" D.C'S // X-O 4.5" IFB - 4 1/2"XHP // 9- JNTS 5" HWDP = 766.86REASON PULLED: 9 5/8" CASING RUN / TD INTERMEDIATE #1BIT GRADE: 1/1 // CT( DRLG HRS: 34.5 , CIRC. HRS: 6, TOTAL HRS: 40.5 )

BHA #3:8 3/4" BAKER T607X JETS: 7x14's TFA: 1.052 // HALLIBURTON BLACK BOX SHORT // 6 3/4" 7/8 3.3 STAGE FIXED 1.5 BEND RPG: .14 MAX DIFF: 525 GPM: 300-600 MAX TORQUE: 9,400 // 8 1/4" NM IBS // 6 3/4" NMDC // 6 3/4" HANG-OFF SUB // 6 3/4" NMDC // 8 1/4" IBS // 6 3/4" SHOCK SUB // X-O SUB 4 1/2 IF x 4 1/2 XH // 12 - 6 1/2" DRILL COLLARS // HALLIBURTON BLACK BOX // X-O SUB 4 1/2 XH x 4 1/2 IF // 9 - HWDP TOTAL LENGTH: 4901.75 DAILY DRLG HRS = 23.5, DAILY TOTAL FOOTAGE: 1196, DAILY R.O.P: 51 FPH, TOTAL DRLG HRS: 39, TOTAL DAILY FOOTAGE: 3510, TOTAL RUN R.O.P: 90 ( PULLED FOR ?????)

=========================================================================20'' CONDUCTOR CSG SET @ 130'13 3/8" SURFACE CSG SET @ 1,440'

9 5/8'' INT. CSG SET @ 4,907'WEATHERFORD FLOAT @ 4,907.62'1 JOINT 9 5/8" 40# N-80 BTC CASINGWEATHERFORD FLOAT @ 4,858.56'106 JOINTS 9 5/8" 40# N-80 BTC CASING1 LANDING JOINT1- CENTRALIZER ON FIRST JOINT 1 CENTRALIZER EVERY 3RD JOINT AFTERTOTAL CENTRALIZERS- 36

7" INT. CSG SET @ XX,XXX'4.5'' PRO. CASING LINER @ XX,XXX'PROPOSED TD: 12,500'=========================================================================LAST SURVEY:DEPTH: 7962'INC: 2.53AZM: 221.61TVD: 7,959.21'

0TVD:

40 / / Sec/Twn/Rng:$3,400,564Total Project Costs:

Rig Name: Precision 594Develop To: 0

JAMES WALKER 318-780-1745Tool Pusher:

Abstract: U39Location Survey: UL

Page 1 of 4 7/22/2015Powered by Production Access

Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs6/16/2015 12 8420 02 - Drilling 9.2 $52,372 $6,116,398$1,160,366

Page 36: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/16/2015

Well Name: UNIVERSITY 40-16 1

Report No: 12

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

VS: -78.08N/S: -78.08E/W: -0.14DLS:0.11

PTB SD: 8420 INC: 2.53 AZM: 221.61 TVD: 8416.76 VS: -93.20 N/S: -93.20 E/W: -13.56 DLS: 0.00=========================================================================TRRC:NOTIFY TRRC OF INTENT TO SPUD AND SURFACE CASING @ 15:00 HRS 6-8-2015 JOB # 8028NOTIFIED TRRC OF INTENT TO RUN 9 5/8" CASING AND CEMENT @ 06:00 HRS 6-13-2015

BOP Test and Inspection Dates

Last BOP Drill Date:56/11/2015Last BOP Test:

BOP Test Due:Last Inspection:Days Since BOP Tested:

Surveys

Survey No. Inclination Azimuth TVD Vert Sect N/S(+/-) E/W(+/-) DLSSurvey Date Tie In Meas. Depth Des Azi18 7068 1.08 180.10 7065.77 -52.19 -52.19 15.95 0.126/15/2015 0.0020 7515 2.19 213.80 7512.59 -63.61 -63.61 11.16 0.326/16/2015 0.0021 7962 2.53 221.61 7959.21 -78.08 -78.08 -0.14 0.106/16/2015 0.00

Date Run Size Weight GradeCasing Top Shoe TestDrift TDHole SizeSet DepthCasing

Type6/8/2015 54.50 J-5527.50 10.0012.615 1440.0017.50013.3751440.18 Surface

Stage

ReciprocateRotate

Bump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

1 0 600 086 CirculatedSpacer, 20, 0, FRESH WATER, , 0, 0No.1Tail, 0, 1315, 4% GEL + 1/4#/SK CELLO FLAKE + 5% SALT + .004 GPS CF-41L, Class C, 1.79, 13.5No.2Displacement, 216, 0, FRESH WATER, , 0, 0No.36/13/2015 40.00 HCNL-8026.50 9.700.000 4910.0012.2509.6254907.62 Intermediate

Stage

ReciprocateRotate

Bump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

1 0 599 4000 CalculatedSpacer, 20, 0, 20 BBL FRESH WATER SPACER, , 0, 0No.1Lead, 0, 945, 1% SMS + 1/4#/SK CELLO FLAKE + 5% SALT, Class C, 2.52, 12No.2Tail, 0, 150, 1/10% C-20, Class C, 1.33, 14.8No.3Spacer, 10, 0, 10 BBL FRESH WATER SPACER, , 0, 0No.4Displacement, 356, 0, 356 BBL BRINE WATER, , 0, 0No.5

Time Wind Dir Wind Knots Sky Conditions Temp RemarksWeather

Mud Properties

9.20 229 1 1/1/1 100.0 100.0 0

10.50 1.40 0.50 1.50 1600100000 00.24 00.00

21:008010

0.0

0.0 0

FL FC

pH

HTFLTime

CaCl2Lime Mud LostEDTA

Wt In PVVis YP Gels

Pm Pf Mf CaCl

Depth

LCM

MBT ES

0.0

9.20 0.0%7.0% 2.0%91.0%

0.00 2/981600

SandSolid OilWater

ECD

Wt Out

Pom O/W RatioTotal Sal.

90FL Temp

0.00HTFC

0Water Lost

DRILLED FROM 61101' TO 8010' WITH A 9.2PPG CUT BRINE IN A OPEN LOOP PUMPING HIGH VIS GEL SWEEPS EVERY 200' OR APCO.

Remarks

Hours Summary ( Daily / Cumulative )23.50Drilling 23.50Rotating 0.00Trips 0.00Circulating 0.00Down 0.50Other89 89 28 7 1 164

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Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs6/16/2015 12 8420 02 - Drilling 9.2 $52,372 $6,116,398$1,160,366

Page 37: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/16/2015

Well Name: UNIVERSITY 40-16 1

Report No: 12

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

CodeOperations

Start Hrs Remarks RunEnd DepthStart Depth

026:00 20.00 ROT & SLIDE DRILL 8 3/4” INTERM2 HOLE F/ 7,224' - T/8,297' ( 1073' @ 54 FPH ) WOB- 20/35, SPM- 142, GPM- 596, SPP- 2200/2600, RPM- 60/80, MM RPM- 83, TOTAL RPM- 163, DIFF PSI- 350/550, TORQ- 8,000/13,500, MW- 9.1 IN & OUT.

**PUMPING 30 BBLS ALTERNATING HI VIS (90 VIS), WEIGHTED (10 PPG) SWEEPS EVERY 200'**.

DRILLING BREAKDOWN:

382977224

072:00 0.50 RIG SERVICE / SERVICE TOP DRIVE 382978297022:30 3.50 ROT DRILL 8 3/4” INTERM2 HOLE F/ 8,297' - T/8,420' ( 123' @ 35 FPH ) WOB- 30/35, SPM-

120, GPM- 504, SPP- 2000/2200, RPM- 50, MM RPM- 70, TOTAL RPM- 120, DIFF PSI- 150/350, TORQ- 8,000/10,500, MW- 9.2 IN & OUT.

**PUMPING 30 BBLS HI VIS (90 VIS)SWEEPS EVERY 200'**.

BACKGROUND GAS: 17CONNECTION GAS: TRIP GAS: MAX GAS: SHOWS: LAST SAMPLE:833020% SILT:DRKGY - BRNSH GRY & SME BLK IP, FRM-HRD, W CONS, FN TO OCC V/FN GRN, SUBANG TO SUBRND, CMNTD TO SME V/W SRTD, CMNT V ARGL, CALC CMT, BRGHT YELL/GRN FLUOR W/ FAIR-GOOD CUT 30% SS:OFF WHT-V/LT GRY & SME CLR IP, SUBANG TO SUBRND, W CONS, CALC TO SCAT SL ARG CMT, FN-V/FN GRN, V/W SRTD, IMBD CAL, YELL/GRN FLOR W/ GOOD BLUE RING CUT 5% LS:OFF WHT-V/LT GRY- CRM & GRYSH TN IP, FLKY-SME SBBLKY, F XLN TO TR MEDXLN, CLN-OCC SL ARGL, FRM-HRD & SME TR FRI, DNS IP, TR IMBD QTZ & PYRITIC SPECS ,DULL ORG FLUOR W/ FAIR-GOOD CUT 10% CHERT:CLR-FRSTD-SME AMBER, SMTH-GRNY TXT, HRD, PRE BLKY-FLKY, FN TO V/FN GRN, RNDD- SUBRND, V/W SRTD, NO FLOR 35% SH:VDRK GRY-GRYSH BLK, SUBBLKY, HRD, MICROFN IMBDD CALCT, V/FN-SME FN IMBDD QURTZ, MED TXT, TR MICROFN IMBDD PYRT, TR ORG FLOR W/ GOOD BLUE MILKY CUT

384208297

24.00Total:Drilling Data

ROP:142000136000Hook Load:

2500Pres on Bot: Press Off Bot:50.89Slack Off: 6000Over Pull:

Kickoff Depth: 0133000

2150Pick Up:

Crew Status: ON Remarks: NONE5030WOB: Motor RPM: 9500Torque:70Rotary RPM:

0.00BHA Hours:Daily Bits

4910 8562 3652 81.2 353652 45.003Jets 14 / 14 / 14 / 14 / 14 / 14 / 14 / 0

801 / 5 / BT / CT / S / E / 1 / PRChar (I/O/D/O/L/B/G/R)

FtgBit In Out ROP WOBTot Ftg Hrs RPM

TFA 1.056/14/2015

Date In3

BHA7152216Serial No.

8500Torq

45.00Tot Hrs

70MRPM

8.75Size

Date Out 6/17/2015Baker T607XManufac. Type

Ftg MRPMHrs GPMMotor Size Brand TypeMud Motors

Cum Ftg Cum Hrs3 6.75 GYRODATA 7/8 3.3 1.5 FIXED .14 RPG 0 0 1067540 0.0

Tot LengthComponent Qty Length OD Avg ID Avg RemarksDrilling Assembly

Bit - PDC - Fixed Cutter 1 1.00 8.750 0.000 1.00 BAKER T607X JETS: 7x14 TFA: 1.052 S/N: 7152216Other 1 1.02 6.500 2.000 2.02 HALLIBURTON BLACK BOX S/N: 019Motor - steerable 1 30.34 6.750 0.000 32.366 3/4" GYRODATA 7/8 3.3 STAGE 1.5 FIXED BEND RPG: .14 // GPM: 300-600 // MAX DIFF: 525 // MAX TORQUE: 9,400Stab - Undergauge 1 6.16 6.785 2.750 38.52 8 1/4" NM IBS S/N: AWNS-4512Monel 1 30.75 6.625 3.785 69.27 NMDC S/N: AWS67530-3502Sub - Orienting 1 6.04 6.785 3.250 75.31 HALLIBURTON HANG OFF SUB S/N: 12414389Monel 1 31.07 6.500 3.250 106.38 NMDC S/N: AWS675-30-4859Stab - Undergauge 1 5.10 6.750 2.500 111.48 8 1/4" IBS S/N: AWSS-4869Sub - Shock 1 11.56 6.500 2.500 123.04 6 3/4" SHOCK SUB S/N: 900564Sub - XO 1 2.33 6.785 2.785 125.37 X-O SUB 4 1/2 IF x 4 1/2 XH S/N: AWST-3384Drill collar 12 365.79 6.500 2.875 491.16 PRECISION DRILL COLLARSOther 1 4.62 6.750 2.500 495.78 HALLIBURTON BLACK BOX S/N: 613210-3Sub - XO 1 3.39 6.875 2.750 499.17 X-O SUB 4 1/2 XH x 4 1/2 IF S/N: 5120HWDP 9 278.04 5.000 3.000 777.21 PRECISION 5" HWDPDrill pipe 92 4120.59 5.000 3.000 4897.80 PRECISION 5" DRILL PIPESub - XO 1 3.95 6.750 2.500 4901.75 X-O SUB 4 1/2 IF x XT-39 S/N: AWST-3459

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Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs6/16/2015 12 8420 02 - Drilling 9.2 $52,372 $6,116,398$1,160,366

Page 38: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/16/2015

Well Name: UNIVERSITY 40-16 1

Report No: 12

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

Pump No Model Liner Size Stroke Max PSI Max SPM SPM GPM Press. Slow Pump Rates/Pres.Mud Pumps

FD-1600 6 12 4450 1151 251 200060 30/205 40/28320/146FD-1600 6 12 4450 1152 251 200060 30/205 40/28420/150

Item Received Used LostBeg Inv Transfrd End InvUnitsInventory

Diesel 2154 0 0 105535707 7000gal

Company Qty. HoursService Company Qty. HoursServicePersonnel Data

ANCHOR DRILLING FL 1 24.00MUD ENGINEER New Prospect Company 2 24.00CO MANPrecision Drilling 11 132.00Rig Crews

180.00Totals 14.00

PersonnelFirst AidType Date Activity Company Name

Health Safety and Environment

Lost Time

Med Visit

Drilling 6/15/2015 PRECISION / PREMIER / ENERGENALL PERSONAL ON-SITEJSA'S & SAFETY MEETINGS OVER PICKING UP BHA, T.I.H, DRILLING, GENERAL HOUSEKEEPING, P/U D.P FROM PIPE CAT.

Daily Cost DetailsCode Remarks Daily Exp Cum ExpIDC Vendor

20.950.030IDC - ROAD & SITE CON $175,00020.950.070IDC - INSURANCE & BO $10,00020.950.080IDC - PERMITS SURVEY $45,00020.950.101IDC - DRILL - BIT $23,60020.950.102IDC - DRILL - CEMENT & $56,47420.950.103IDC - DRILL - CONTRAC $23,500 $277,000RIG & CREWSPRECISION DRILLING20.950.105IDC - DRILL - EQUIPMEN $191 $9,381FORK LIFT & MAN LIFT RENTPRECISION/ NEFF20.950.105IDC - DRILL - EQUIPMEN $281 $9,381DAILY RENTAL ON RAMS.ThOMAS TOOLS20.950.105IDC - DRILL - EQUIPMEN $340 $9,381DUAL CHOKES & IGNITOR.IRONHORSE20.950.105IDC - DRILL - EQUIPMEN $540 $9,381DAILY RENTAL ON RCD ROTHalliburton20.950.105IDC - DRILL - EQUIPMEN $50 $9,381DAILY H2S MINIMAL PACKAGSaFETY SOLUTIONS20.950.106IDC - DRILL - FUEL $14,565 $43,756RIG DIESELBlUE Streak Transportati20.950.107IDC - DRILL - EQUIPMEN $786 $3,680HAUL BACK RENTAL ANNULTOM E LEE TRUCKING20.950.109IDC - DRILL - DIRECTIO $5,725 $65,130DAILY DIRECTIONAL COSTSPREMIER DIRECTIONA20.950.111IDC - DRILL - MOBDEMO $75,00020.950.114IDC - DRILL - SURFACE $500 $26,932300 BBL. PRE-MIX & TRANSFPORTABLE MUD SYS.20.950.114IDC - DRILL - SURFACE $60 $26,9322 X FRAC TANKSLEOS TRUCKING20.950.114IDC - DRILL - SURFACE $186 $26,932COMMUNICATIONS PACKAGRIG NET/ LANDTEL20.950.114IDC - DRILL - SURFACE $650 $26,932HOUSING PACKAGETAN MAR20.950.114IDC - DRILL - SURFACE $90 $26,9322 X LIGHT TOWERS & TRASHK.C. SERVICES20.950.117IDC - DRILL - SPECIAL S $26,44120.950.118IDC - DRILL - DRILLING $2,000 $4,000WELLSITE SUPERVISORROWDY CONSULTING

$49,464 $901,622Total IDC:Code Remarks Daily Exp Cum ExpTDC Vendor

20.940.103TDC - DE - OTHER EQUI $1,16120.940.106TDC - DE - SURFACE CA $95,53720.940.109TDC - INTERMEDIATE C $162,046

$258,744Total TDC:Total Cumulative Well Costs: $49,464 $1,160,366

Page 4 of 4 7/22/2015Powered by Production Access

Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs6/16/2015 12 8420 02 - Drilling 9.2 $52,372 $6,116,398$1,160,366

Page 39: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/17/2015

Well Name: UNIVERSITY 40-16 1

Report No: 13

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

Surface Location: 1980 FNL, 1757 FWL - WARD, TX

1st Bone spring Carbonate

$60,855$1,221,221

Formation:

Daily Costs:This AFE DHC to Date:

API Code: 4247536999

8420Start Depth(ft):

6/9/2015Spud Date:

24 Hr. Footage:

RKB to MSL: 258620Ending Depth(ft):

$3,180,125AFE DHC:MICHAEL MCCARTRig Supervisor 1: 940-366-6615

832-314-9929

RKB to CHF:$3,400,564

$16,288Total w/ Assoc AFEs :

Daily Mud Costs:

PBE1510032AFE #:

9Days from Spud:Field Name: Wellcore

200RKB to LMF:

RKB to THF:

02 - Drilling

$1,221,221This AFE CWC to Date:

Cum Mud Costs: $76,517Rig Company:

2527.5

Rpt T. Activity:

Precision Drilling 26.5

13Report No:$6,116,398AFE Total:

Rig Supervisor 2:

ROT DRILL 8 3/4” INTERM2 HOLE @ 8,620'Operation Desc:

24-Hour Summary/Remarks: ROT DRILL 8 3/4” INTERM2 HOLE F/ 8,297' - T/8,562' ( 265' @ 58.8 FPH ),CIRCULATE,STRIP OUT OF HOLE @ CALC DISP, PUMP & SPOT KILL MUD MULTIPLE TIMES,T.O.O.H FOR BHA, LAY DOWN BHA #3, P/U & M/U BHA #4, T.I.H, ROT DRILL 8 3/4” INTERM2 HOLE F/ 8,562' - T/8,620' ( 58' @ 23.2 FPH )Next Day Operations: ROT & SLIDE DRILL 8 3/4" INTERM2 HOLE F/ 8,620' =========================================================================RIG RELEASED FROM UNIVERSITY 21-17 #1R @ 06:00 HRS. ON 6-4-2015.SPUD: 06/09/2015 @ 00:00 HRS.TOTAL RIG MOVE HRS.: 106 / DAYS: 4.42TOTAL HRS. FROM SPUD: 184TOTAL DAYS TO TD: -----TOTAL DAYS TO RELEASE: -----DOWNTIME HRS.: 0 TODAY / 1 TOTAL, PERCENTAGE OF DOWNTIME / NPT: 0.54%=========================================================================LAST 5" D/P INSPECTION WAS ON THE UNIVERSITY 24-17 #1H, ON 12/20/2014. CAT-4 INSPECTION - CSILAST 4'' D/P INSPECTION WAS ON THE SPECTRE ST. 54-4 #1H ST1, ON 3/8/2015. CAT-4 INSPECTION - CSILAST BHA INSPECTION WAS ON THE UNIVERSITY 21-17 #1R, ON 6/4/2015.CSI.=========================================================================SAFETY MTG: JSA'S & SAFETY MEETINGS OVER PICKING UP BHA, T.I.H, DRILLING, GENERAL HOUSEKEEPING, P/U D.P FROM PIPE CAT.DAYS SINCE LAST LTA: 351ORI'S TODAY: 0CREW SHORTAGES: NONE.// DOUBLES: 0=========================================================================FLUID LOST TO WELL: 0 BBLS TODAY / 0 TOTAL BBLS, **NO LEAKS OR SPILLS REPORTED OR OBSERVED**=========================================================================BHA #212 1/4" ULTERRA U616M DRESSED W/ 3-16'S, 3x18'S = 1.334 TFA // IMPACT 7 3/4"" - 6/7 LOBE / 4.0 STAGE - 1.5 DEG ADJ., 0.15 RPG,, W/ FLOAT// 12 1/8" NB STAB,// NMDC (MWD) // UBHO // NMDC // 8" SHOCK SUB // 6 5/8 REX X 4.5" XHB X-O // 12- 6.5" D.C'S // X-O 4.5" IFB - 4 1/2"XHP // 9- JNTS 5" HWDP = 766.86REASON PULLED: 9 5/8" CASING RUN / TD INTERMEDIATE #1BIT GRADE: 1/1 // CT( DRLG HRS: 34.5 , CIRC. HRS: 6, TOTAL HRS: 40.5 )

BHA #3:8 3/4" BAKER T607X JETS: 7x14's TFA: 1.052 // HALLIBURTON BLACK BOX SHORT // 6 3/4" 7/8 3.3 STAGE FIXED 1.5 BEND RPG: .14 MAX DIFF: 525 GPM: 300-600 MAX TORQUE: 9,400 // 8 1/4" NM IBS // 6 3/4" NMDC // 6 3/4" HANG-OFF SUB // 6 3/4" NMDC // 8 1/4" IBS // 6 3/4" SHOCK SUB // X-O SUB 4 1/2 IF x 4 1/2 XH // 12 - 6 1/2" DRILL COLLARS // HALLIBURTON BLACK BOX // X-O SUB 4 1/2 XH x 4 1/2 IF // 9 - HWDP TOTAL LENGTH: 4901.75 DAILY DRLG HRS = 4.5, DAILY TOTAL FOOTAGE: 142, DAILY R.O.P: 31.5 FPH, TOTAL DRLG HRS: 43.5, TOTAL DAILY FOOTAGE: 3652, TOTAL RUN R.O.P: 84 ( PULLED FOR LOW R.O.P)

BHA #4 : 8 3/4" SMITH 813 JETS: 7x14's TFA: 1.052 // HALLIBURTON BLACK BOX SHORT // NEW BAKER6 3/4" 7/8 3.3 STAGE FIXED 1.5 BEND RPG: .11 MAX DIFF: 525 GPM: 300-600 MAX TORQUE: 9,400 // 8 1/4" NM IBS // 6 3/4" NMDC // 6 3/4" HANG-OFF SUB // 6 3/4" NMDC // 8 1/4" IBS // NEW 6 3/4" SHOCK SUB // X-O SUB 4 1/2 IF x 4 1/2 XH // 12 - 6 1/2" DRILL COLLARS // HALLIBURTON BLACK BOX // X-O SUB 4 1/2 XH x 4 1/2 IF // 9 - HWDP

=========================================================================20'' CONDUCTOR CSG SET @ 130'13 3/8" SURFACE CSG SET @ 1,440'

9 5/8'' INT. CSG SET @ 4,907'WEATHERFORD FLOAT @ 4,907.62'1 JOINT 9 5/8" 40# N-80 BTC CASINGWEATHERFORD FLOAT @ 4,858.56'106 JOINTS 9 5/8" 40# N-80 BTC CASING1 LANDING JOINT1- CENTRALIZER ON FIRST JOINT 1 CENTRALIZER EVERY 3RD JOINT AFTERTOTAL CENTRALIZERS- 36

7" INT. CSG SET @ XX,XXX'4.5'' PRO. CASING LINER @ XX,XXX'

0TVD:

40 / / Sec/Twn/Rng:$3,400,564Total Project Costs:

Rig Name: Precision 594Develop To: 0

JAMES WALKER 318-780-1745Tool Pusher:

Abstract: U39Location Survey: UL

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Page 40: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/17/2015

Well Name: UNIVERSITY 40-16 1

Report No: 13

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

PROPOSED TD: 12,500'=========================================================================LAST SURVEY:DEPTH: 7962'INC: 2.53AZM: 221.61TVD: 7,959.21'VS: -78.08N/S: -78.08E/W: -0.14DLS:0.11

PTB SD: 8420 INC: 2.53 AZM: 221.61 TVD: 8416.76 VS: -93.20 N/S: -93.20 E/W: -13.56 DLS: 0.00=========================================================================TRRC:NOTIFY TRRC OF INTENT TO SPUD AND SURFACE CASING @ 15:00 HRS 6-8-2015 JOB # 8028NOTIFIED TRRC OF INTENT TO RUN 9 5/8" CASING AND CEMENT @ 06:00 HRS 6-13-2015

BOP Test and Inspection Dates

Last BOP Drill Date:66/11/2015Last BOP Test:

BOP Test Due:Last Inspection:Days Since BOP Tested:

Surveys

Survey No. Inclination Azimuth TVD Vert Sect N/S(+/-) E/W(+/-) DLSSurvey Date Tie In Meas. Depth Des Azi19 7068 1.08 180.10 7065.77 -52.30 -52.30 15.92 0.006/17/2015 0.0020 7515 2.19 213.80 7512.59 -63.61 -63.61 11.16 0.326/16/2015 0.0021 7962 2.53 221.61 7959.21 -78.08 -78.08 -0.14 0.106/16/2015 0.00

Date Run Size Weight GradeCasing Top Shoe TestDrift TDHole SizeSet DepthCasing

Type6/8/2015 54.50 J-5527.50 10.0012.615 1440.0017.50013.3751440.18 Surface

Stage

ReciprocateRotate

Bump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

1 0 600 086 CirculatedSpacer, 20, 0, FRESH WATER, , 0, 0No.1Tail, 0, 1315, 4% GEL + 1/4#/SK CELLO FLAKE + 5% SALT + .004 GPS CF-41L, Class C, 1.79, 13.5No.2Displacement, 216, 0, FRESH WATER, , 0, 0No.36/13/2015 40.00 HCNL-8026.50 9.700.000 4910.0012.2509.6254907.62 Intermediate

Stage

ReciprocateRotate

Bump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

1 0 599 4000 CalculatedSpacer, 20, 0, 20 BBL FRESH WATER SPACER, , 0, 0No.1Lead, 0, 945, 1% SMS + 1/4#/SK CELLO FLAKE + 5% SALT, Class C, 2.52, 12No.2Tail, 0, 150, 1/10% C-20, Class C, 1.33, 14.8No.3Spacer, 10, 0, 10 BBL FRESH WATER SPACER, , 0, 0No.4Displacement, 356, 0, 356 BBL BRINE WATER, , 0, 0No.5

Time Wind Dir Wind Knots Sky Conditions Temp RemarksWeather

Mud Properties

9.20 229 1 1/1/1 100.0 100.0 0

10.60 1.50 0.50 1.60 1600100000 00.25 00.00

21:008562

0.0

0.0 0

FL FC

pH

HTFLTime

CaCl2Lime Mud LostEDTA

Wt In PVVis YP Gels

Pm Pf Mf CaCl

Depth

LCM

MBT ES

0.0

9.20 0.0%7.0% 2.0%91.0%

0.00 2/981600

SandSolid OilWater

ECD

Wt Out

Pom O/W RatioTotal Sal.

90FL Temp

0.00HTFC

0Water Lost

DRILLED FROM 8010' TO 8562' WITH 9.2PPG CUT BRINE IN A OPEN LOOP PUMPING HIGH VIS GEL SWEEPS EVERY 200'. PUMPED SLUG AND POOH TO 5500' WELL STARTED TO FLOW PUMPED 140BBLS OF 12.0PPG KILL MUD WELL CHECK WELL WAS STILL FLOWING BULL HEADED 70BBLS OF 12.5PPG KILL MUD WELL CHECK NO FLOW. CURRENLY POOH UNDER STABLE WELL BORE AT 107'. COST REFLECTS BARITE USED IN PUMPING 210BBLS OF 11.5-12.5PPG KILL MUD

Remarks

Hours Summary ( Daily / Cumulative )7.50Drilling 7.50Rotating 10.50Trips 6.00Circulating 0.00Down 0.00Other97 97 39 13 1 164

Page 2 of 5 7/22/2015Powered by Production Access

Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs6/17/2015 13 8620 02 - Drilling 9.2 $60,855 $6,116,398$1,221,221

Page 41: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/17/2015

Well Name: UNIVERSITY 40-16 1

Report No: 13

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

CodeOperations

Start Hrs Remarks RunEnd DepthStart Depth

026:00 4.50 ROT DRILL 8 3/4” INTERM2 HOLE F/ 8,297' - T/8,562' ( 265' @ 58.8 FPH ) WOB- 30/35, SPM- 120, GPM- 504, SPP- 2000/2200, RPM- 50, MM RPM- 70, TOTAL RPM- 120, DIFF PSI- 150/350, TORQ- 8,000/10,500, MW- 9.2 IN & OUT.

**PUMPING 30 BBLS HI VIS (90 VIS)SWEEPS EVERY 200'**.

BACKGROUND GAS: 17CONNECTION GAS: TRIP GAS: MAX GAS: SHOWS: LAST SAMPLE:833020% SILT:DRKGY - BRNSH GRY & SME BLK IP, FRM-HRD, W CONS, FN TO OCC V/FN GRN, SUBANG TO SUBRND, CMNTD TO SME V/W SRTD, CMNT V ARGL, CALC CMT, BRGHT YELL/GRN FLUOR W/ FAIR-GOOD CUT 30% SS:OFF WHT-V/LT GRY & SME CLR IP, SUBANG TO SUBRND, W CONS, CALC TO SCAT SL ARG CMT, FN-V/FN GRN, V/W SRTD, IMBD CAL, YELL/GRN FLOR W/ GOOD BLUE RING CUT 5% LS:OFF WHT-V/LT GRY- CRM & GRYSH TN IP, FLKY-SME SBBLKY, F XLN TO TR MEDXLN, CLN-OCC SL ARGL, FRM-HRD & SME TR FRI, DNS IP, TR IMBD QTZ & PYRITIC SPECS ,DULL ORG FLUOR W/ FAIR-GOOD CUT 10% CHERT:CLR-FRSTD-SME AMBER, SMTH-GRNY TXT, HRD, PRE BLKY-FLKY, FN TO V/FN GRN, RNDD- SUBRND, V/W SRTD, NO FLOR 35% SH:VDRK GRY-GRYSH BLK, SUBBLKY, HRD, MICROFN IMBDD CALCT, V/FN-SME FN IMBDD QURTZ, MED TXT, TR MICROFN IMBDD PYRT, TR ORG FLOR W/ GOOD BLUE MILKY CUT

385628420

0510:30 1.00 CIRCULATE B/U AND TRANSFER KMW TO SLUG TANK, PUMP 30 BBLS OF 12.1 PPG KMW SLUG S.I.W AND BLEED BACK 15 BBLS S.I.W W/ 350 PSI SICP.

385628562

0611:30 0.50 STRIP OUT OF HOLE @ CALC DISP FOR BHA F/ 8,562' - T/ 4,500' 3856285620512:00 5.00 FLOW CHECK WELL AT 4,500’ WELL FLOWING, LINE UP & CIRCULATED 3x BOTTOMS

UP @ 516 GPM, THROUGH x1 CHOKE @ 52%, MAX MUD CUT ON 1ST B/U WAS 2/10’S WITH 45 UNITS LOGGER GAS, W/ NO FLARE. S.I.W AND CHECKED, 225 PSI SICP. PUMPED & SPOTTED BOTTOM OF 60 BBLS OF 12.2 KMW @ 4,000' AND SLUGGED WITH 40 BBLS SAME, OPENED WELL TO TRIP TANK, WELL STILL FLOWING BACK @ 1.5 BPM, LINED UP AND PUMPED OUT 40 BBLS KMW SLUG IN STRING AND REPLACED WITH 40 BBLS OF 11.6 PPG KMW SLUG. OPENED WELL TO TRIP TANK WELL STILL FLOWING, SHUT IN WELL W/ 125 PSI SICP, BLEED BACK 20 BBLS AND RECHECKED SICP @ 125 PSI AND BUILDING SLOWLY, S.I.W MONITOR ANNULAR PSI WHILE BUILDING 100 BBLS OF 12.5 PPG KMW, LINE UP ON BACKSIDE KILL LINE & BULLHEAD 70 BBLS OF 12.5 PPG KMW DOWN B/S @ 50 SPM. ICP: 330 SPI, FCP: 0, OPEN WELL TO TRIP TANK AND FLOW CHECK WELL. WELL STATIC.

385628562

0617:00 2.00 T.O.O.H FOR BHA F/ 4,500' - T/ 3,000' MONITORING DISP TO / FROM T/T HOLE TAKING CORRECT DISPLACEMEN T, PULL ROTATING HEAD @ 2,500' AND CONTINUE T.O.O.H TO 150'

385628562

0619:00 1.50 LAY DOWN BHA #3: 8 3/4" BAKER T607X // HALLIBURTON BLACK BOX SHORT // 6 3/4" 7/8 3.3 STAGE FIXED 1.5 BEND RPG: .14 MAX DIFF: 525 GPM: 300-600 MAX TORQUE: 9,400 // 8 1/4" NM IBS // 6 3/4" NMDC // 6 3/4" HANG-OFF SUB // 6 3/4" NMDC // 8 1/4" IBS // 6 3/4" SHOCK SUB // X-O SUB 4 1/2 IF x 4 1/2 XH //

385628562

0620:30 1.50 P/U & M/U BHA #4: 8 3/4" SMITH 813 JETS: 7x14's TFA: 1.052 // HALLIBURTON BLACK BOX SHORT // NEW BAKER6 3/4" 7/8 3.3 STAGE FIXED 1.5 BEND RPG: .11 MAX DIFF: 525 GPM: 300-600 MAX TORQUE: 9,400 // 8 1/4" NM IBS // 6 3/4" NMDC // 6 3/4" HANG-OFF SUB // 6 3/4" NMDC // 8 1/4" IBS // NEW 6 3/4" SHOCK SUB // X-O SUB 4 1/2 IF x 4 1/2 XH // 12 - 6 1/2" DRILL COLLARS // HALLIBURTON BLACK BOX // X-O SUB 4 1/2 XH x 4 1/2 IF // 9 - HWDP

485628562

0622:00 5.00 T.I.H W/ BHA #4 F/ 120' - T/ 8562' MONITORING DISPLACEMENT T/F T/T WELL GIVING CORRECT DISP.

485628562

023:00 3.00 ROT DRILL 8 3/4” INTERM2 HOLE F/ 8,562' - T/8,620' ( 58' @ 23.2 FPH ) WOB- 30/35, SPM- 120, GPM- 504, SPP- 2000/2200, RPM- 50, MM RPM- 70, TOTAL RPM- 120, DIFF PSI- 150/350, TORQ- 8,000/10,500, MW- 9.2 IN & OUT.

**PUMPING 30 BBLS HI VIS (90 VIS)SWEEPS EVERY 200'**.

BACKGROUND GAS: 17CONNECTION GAS: TRIP GAS: MAX GAS: SHOWS:

486208562

24.00Total:Drilling Data

ROP:142000136000Hook Load:

2500Pres on Bot: Press Off Bot:26.67Slack Off: 6000Over Pull:

Kickoff Depth: 0133000

2150Pick Up:

Crew Status: ON Remarks: NONE5030WOB: Motor RPM: 9500Torque:70Rotary RPM:

44.50BHA Hours:

Page 3 of 5 7/22/2015Powered by Production Access

Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs6/17/2015 13 8620 02 - Drilling 9.2 $60,855 $6,116,398$1,221,221

Page 42: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/17/2015

Well Name: UNIVERSITY 40-16 1

Report No: 13

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

Daily Bits

4910 8562 3652 81.2 353652 45.003Jets 14 / 14 / 14 / 14 / 14 / 14 / 14 / 0

801 / 5 / BT / CT / S / E / 1 / PRChar (I/O/D/O/L/B/G/R)

FtgBit In Out ROP WOBTot Ftg Hrs RPM

TFA 1.056/14/2015

Date In3

BHA7152216Serial No.

8500Torq

45.00Tot Hrs

70MRPM

8.75Size

Date Out 6/17/2015Baker T607XManufac. Type

Ftg MRPMHrs GPMMotor Size Brand TypeMud Motors

Cum Ftg Cum Hrs3 6.75 GYRODATA 7/8 3.3 1.5 FIXED .14 RPG 0 0 1067540 0.0

Tot LengthComponent Qty Length OD Avg ID Avg RemarksDrilling Assembly

Bit - PDC - Fixed Cutter 1 1.00 8.750 0.000 1.00 BAKER T607X JETS: 7x14 TFA: 1.052 S/N: 7152216Other 1 1.02 6.500 2.000 2.02 HALLIBURTON BLACK BOX S/N: 019Motor - steerable 1 30.34 6.750 0.000 32.366 3/4" GYRODATA 7/8 3.3 STAGE 1.5 FIXED BEND RPG: .14 // GPM: 300-600 // MAX DIFF: 525 // MAX TORQUE: 9,400Stab - Undergauge 1 6.16 6.785 2.750 38.52 8 1/4" NM IBS S/N: AWNS-4512Monel 1 30.75 6.625 3.785 69.27 NMDC S/N: AWS67530-3502Sub - Orienting 1 6.04 6.785 3.250 75.31 HALLIBURTON HANG OFF SUB S/N: 12414389Monel 1 31.07 6.500 3.250 106.38 NMDC S/N: AWS675-30-4859Stab - Undergauge 1 5.10 6.750 2.500 111.48 8 1/4" IBS S/N: AWSS-4869Sub - Shock 1 11.56 6.500 2.500 123.04 6 3/4" SHOCK SUB S/N: 900564Sub - XO 1 2.33 6.785 2.785 125.37 X-O SUB 4 1/2 IF x 4 1/2 XH S/N: AWST-3384Drill collar 12 365.79 6.500 2.875 491.16 PRECISION DRILL COLLARSOther 1 4.62 6.750 2.500 495.78 HALLIBURTON BLACK BOX S/N: 613210-3Sub - XO 1 3.39 6.875 2.750 499.17 X-O SUB 4 1/2 XH x 4 1/2 IF S/N: 5120HWDP 9 278.04 5.000 3.000 777.21 PRECISION 5" HWDPDrill pipe 92 4120.59 5.000 3.000 4897.80 PRECISION 5" DRILL PIPESub - XO 1 3.95 6.750 2.500 4901.75 X-O SUB 4 1/2 IF x XT-39 S/N: AWST-3459

8562 8753 191 16.6 25191 11.504Jets 12 / 12 / 14 / 14 / 14 / 14 / 14 / 0

404 / 3 / BT / CR / N / E / 1 / PRChar (I/O/D/O/L/B/G/R)

FtgBit In Out ROP WOBTot Ftg Hrs RPM

TFA 0.976/17/2015

Date In4

BHAJJ4935Serial No.

6500Torq

11.50Tot Hrs

55MRPM

8.75Size

Date Out 6/17/2015Smith MSI813Manufac. Type

Tot LengthComponent Qty Length OD Avg ID Avg RemarksDrilling Assembly

Bit - PDC - Fixed Cutter 1 1.00 8.750 0.000 1.00 8 3/4" SMITH MSI813 JJ4935 4x18, 2x13 TFA:1.253Other 1 1.02 6.500 2.000 2.02 HALLIBURTON BLACK BOX S/N: 019Motor - steerable 1 31.63 6.750 0.000 33.656 3/4" GYRODATA 7/8 3.3 STAGE 1.5 FIXED BEND RPG: .14 // GPM: 300-600 // MAX DIFF: 525 // MAX TORQUE: 9,400Stab - Undergauge 1 6.16 6.785 2.750 39.81 8 1/4" NM IBS S/N: AWNS-4512Monel 1 30.75 6.625 3.785 70.56 NMDC S/N: AWS67530-3502Sub - Orienting 1 6.04 6.785 3.250 76.60 HALLIBURTON HANG OFF SUB S/N: 12414389Monel 1 31.07 6.500 3.250 107.67 NMDC S/N: AWS675-30-4859Stab - Undergauge 1 5.10 6.750 2.500 112.77 8 1/4" IBS S/N: AWSS-4869Sub - Shock 1 11.56 6.500 2.500 124.33 6 3/4" SHOCK SUB S/N: 900564Sub - XO 1 2.33 6.785 2.785 126.66 X-O SUB 4 1/2 IF x 4 1/2 XH S/N: AWST-3384Drill collar 12 365.79 6.500 2.875 492.45 PRECISION DRILL COLLARSOther 1 4.62 6.750 2.500 497.07 HALLIBURTON BLACK BOX S/N: 613210-3Sub - XO 1 3.39 6.875 2.750 500.46 X-O SUB 4 1/2 XH x 4 1/2 IF S/N: 5120HWDP 9 278.04 5.000 3.000 778.50 PRECISION 5" HWDP

8753 9245 492 20.1 50492 24.505Jets 18 / 18 / 18 / 0 / 0 / 0 / 0 / 0

401 / 1 / NO / NO / 3 / 0 / 1 / BHAChar (I/O/D/O/L/B/G/R)

FtgBit In Out ROP WOBTot Ftg Hrs RPM

TFA 0.756/17/2015

Date In5

BHATH21529Serial No.

5600Torq

24.50Tot Hrs

55MRPM

8.75Size

Date Out 6/20/2015Baker VGD-38CHManufac. Type

Ftg MRPMHrs GPMMotor Size Brand TypeMud Motors

Cum Ftg Cum Hrs4 6.75 BAKER 7/8 2.5 1.5 FIXED .11 RPG 492 25.5 55502492 25.5

Tot LengthComponent Qty Length OD Avg ID Avg RemarksDrilling Assembly

Bit - PDC - Fixed Cutter 1 1.00 8.750 0.000 1.00 HUGHES 8 3/4" VGD-38CHDX TRI CONE.Other 1 1.02 6.500 2.000 2.02 HALLIBURTON BLACK BOX S/N: 019Motor - steerable 1 31.63 6.750 0.000 33.656 3/4" GYRODATA 7/8 3.3 STAGE 1.5 FIXED BEND RPG: .14 // GPM: 300-600 // MAX DIFF: 525 // MAX TORQUE: 9,400Stab - Undergauge 1 6.16 6.785 2.750 39.81 8 1/4" NM IBS S/N: AWNS-4512Monel 1 30.75 6.625 3.785 70.56 NMDC S/N: AWS67530-3502Sub - Orienting 1 6.04 6.785 3.250 76.60 HALLIBURTON HANG OFF SUB S/N: 12414389Monel 1 31.07 6.500 3.250 107.67 NMDC S/N: AWS675-30-4859Stab - Undergauge 1 5.10 6.750 2.500 112.77 8 1/4" IBS S/N: AWSS-4869Sub - Shock 1 11.56 6.500 2.500 124.33 6 3/4" SHOCK SUB S/N: 900564Sub - XO 1 2.33 6.785 2.785 126.66 X-O SUB 4 1/2 IF x 4 1/2 XH S/N: AWST-3384Drill collar 12 365.79 6.500 2.875 492.45 PRECISION DRILL COLLARSOther 1 4.62 6.750 2.500 497.07 HALLIBURTON BLACK BOX S/N: 613210-3Sub - XO 1 3.39 6.875 2.750 500.46 X-O SUB 4 1/2 XH x 4 1/2 IF S/N: 5120HWDP 9 278.04 5.000 3.000 778.50 PRECISION 5" HWDP

Page 4 of 5 7/22/2015Powered by Production Access

Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs6/17/2015 13 8620 02 - Drilling 9.2 $60,855 $6,116,398$1,221,221

Page 43: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/17/2015

Well Name: UNIVERSITY 40-16 1

Report No: 13

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

Pump No Model Liner Size Stroke Max PSI Max SPM SPM GPM Press. Slow Pump Rates/Pres.Mud Pumps

FD-1600 6 12 4450 1151 251 200060 30/205 40/28320/146FD-1600 6 12 4450 1152 251 200060 30/205 40/28420/150

Item Received Used LostBeg Inv Transfrd End InvUnitsInventory

Barite (Bulk) 37.98 0 0 -160 22tonsCaustic Soda 0 0 0 470 47Sks

Diesel 1215 0 0 933810553 0galsalt gel 150 0 0 2500 400sks

Xanthum Gum 8 0 0 720 80sks

Company Qty. HoursService Company Qty. HoursServicePersonnel Data

ANCHOR DRILLING FL 1 24.00MUD ENGINEER New Prospect Company 1 24.00CO MANPrecision Drilling 11 132.00Rig Crews

180.00Totals 13.00

PersonnelFirst AidType Date Activity Company Name

Health Safety and Environment

Lost Time

Med Visit

Drilling 6/16/2015 PRECISION / PREMIER / ENERGENALL PERSONAL ON-SITEJSA'S & SAFETY MEETINGS OVER PICKING UP BHA, T.I.H, DRILLING, GENERAL HOUSEKEEPING, P/U D.P FROM PIPE CAT.

Daily Cost DetailsCode Remarks Daily Exp Cum ExpIDC Vendor

20.950.030IDC - ROAD & SITE CON $175,00020.950.070IDC - INSURANCE & BO $10,00020.950.080IDC - PERMITS SURVEY $45,00020.950.101IDC - DRILL - BIT $10,454 $34,054BIT #4 SMITH 813SmITH BITS20.950.102IDC - DRILL - CEMENT & $56,47420.950.103IDC - DRILL - CONTRAC $23,500 $300,500RIG & CREWSPRECISION DRILLING20.950.105IDC - DRILL - EQUIPMEN $281 $10,783DAILY RENTAL ON RAMS.ThOMAS TOOLS20.950.105IDC - DRILL - EQUIPMEN $191 $10,783FORK LIFT & MAN LIFT RENTPRECISION/ NEFF20.950.105IDC - DRILL - EQUIPMEN $50 $10,783DAILY H2S MINIMAL PACKAGSaFETY SOLUTIONS20.950.105IDC - DRILL - EQUIPMEN $540 $10,783DAILY RENTAL ON RCD ROTHalliburton20.950.105IDC - DRILL - EQUIPMEN $340 $10,783DUAL CHOKES & IGNITOR.IRONHORSE20.950.106IDC - DRILL - FUEL $43,75620.950.107IDC - DRILL - EQUIPMEN $3,68020.950.109IDC - DRILL - DIRECTIO $5,725 $70,855DAILY DIRECTIONAL COSTSPREMIER DIRECTIONA20.950.111IDC - DRILL - MOBDEMO $75,00020.950.114IDC - DRILL - SURFACE $60 $28,4182 X FRAC TANKSLEOS TRUCKING20.950.114IDC - DRILL - SURFACE $500 $28,418300 BBL. PRE-MIX & TRANSFPORTABLE MUD SYS.20.950.114IDC - DRILL - SURFACE $186 $28,418COMMUNICATIONS PACKAGRIG NET/ LANDTEL20.950.114IDC - DRILL - SURFACE $650 $28,418HOUSING PACKAGETAN MAR20.950.114IDC - DRILL - SURFACE $90 $28,4182 X LIGHT TOWERS & TRASHK.C. SERVICES20.950.117IDC - DRILL - SPECIAL S $26,44120.950.118IDC - DRILL - DRILLING $2,000 $6,000WELLSITE SUPERVISORROWDY CONSULTING

$44,567 $962,477Total IDC:Code Remarks Daily Exp Cum ExpTDC Vendor

20.940.103TDC - DE - OTHER EQUI $1,16120.940.106TDC - DE - SURFACE CA $95,53720.940.109TDC - INTERMEDIATE C $162,046

$258,744Total TDC:Total Cumulative Well Costs: $44,567 $1,221,221

Page 5 of 5 7/22/2015Powered by Production Access

Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs6/17/2015 13 8620 02 - Drilling 9.2 $60,855 $6,116,398$1,221,221

Page 44: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/18/2015

Well Name: UNIVERSITY 40-16 1

Report No: 14

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

Surface Location: 1980 FNL, 1757 FWL - WARD, TX

2nd Bone Spring Carbonate

$53,932$1,275,152

Formation:

Daily Costs:This AFE DHC to Date:

API Code: 4247536999

8620Start Depth(ft):

6/9/2015Spud Date:

24 Hr. Footage:

RKB to MSL: 258780Ending Depth(ft):

$3,180,125AFE DHC:MICHAEL MCCARTRig Supervisor 1: 940-366-6615

832-314-9929

RKB to CHF:$3,400,564

$10,819Total w/ Assoc AFEs :

Daily Mud Costs:

PBE1510032AFE #:

10Days from Spud:Field Name: Wellcore

160RKB to LMF:

RKB to THF:

02 - Drilling

$1,275,152This AFE CWC to Date:

Cum Mud Costs: $87,335Rig Company:

2527.5

Rpt T. Activity:

Precision Drilling 26.5

14Report No:$6,116,398AFE Total:

Rig Supervisor 2:

ROT DRILL 8 3/4" INTERM2 HOLE @ 8,780'Operation Desc:

24-Hour Summary/Remarks: ROT DRILL 8 3/4” INTERM2 HOLE F/ 8,620' - T/8,753' ( 133' @ 16 FPH ), CIRCULATING B/U, STRIP OUT OF HOLE FORCE FILLING @ CALC DISP. FOR LOW R.O.P, F/ 8,753 - T/ 6,500', BULLHEAD 100 BBLS OF 12.5 PPG KMW, T.O.O.H FOR BHA, BREAK BIT & P/U NEW TRI CONE BIT AND CHANGE OUT BLACK BOX AUX., T.I.H W/ BHA #5, INDUCE FLOW & CIRCULATE, ROT DRILL 8 3/4” INTERM2 HOLE F/ 8,753' - T/8,780' ( 27' @ 27 FPH )Next Day Operations: ROT DRILL 8 3/4” INTERM2 HOLE F/ 8,780', RIG SERVICE =========================================================================RIG RELEASED FROM UNIVERSITY 21-17 #1R @ 06:00 HRS. ON 6-4-2015.SPUD: 06/09/2015 @ 00:00 HRS.TOTAL RIG MOVE HRS.: 106 / DAYS: 4.42TOTAL HRS. FROM SPUD: 208TOTAL DAYS TO TD: -----TOTAL DAYS TO RELEASE: -----DOWNTIME HRS.: 0 TODAY / 1 TOTAL, PERCENTAGE OF DOWNTIME / NPT: 0.48%=========================================================================LAST 5" D/P INSPECTION WAS ON THE UNIVERSITY 24-17 #1H, ON 12/20/2014. CAT-4 INSPECTION - CSILAST 4'' D/P INSPECTION WAS ON THE SPECTRE ST. 54-4 #1H ST1, ON 3/8/2015. CAT-4 INSPECTION - CSILAST BHA INSPECTION WAS ON THE UNIVERSITY 21-17 #1R, ON 6/4/2015.CSI.=========================================================================SAFETY MTG: JSA'S & SAFETY MEETINGS OVER PICKING UP BHA, T.I.H, DRILLING, GENERAL HOUSEKEEPING, P/U D.P FROM PIPE CAT.DAYS SINCE LAST LTA: 351ORI'S TODAY: 0CREW SHORTAGES: NONE.// DOUBLES: 0=========================================================================FLUID LOST TO WELL: 320 BBLS TODAY / 320 TOTAL BBLS, **NO LEAKS OR SPILLS REPORTED OR OBSERVED**=========================================================================

BHA #4 : 8 3/4" SMITH 813 JETS: 7x14's TFA: 1.052 // HALLIBURTON BLACK BOX SHORT // NEW BAKER6 3/4" 7/8 3.3 STAGE FIXED 1.5 BEND RPG: .11 MAX DIFF: 525 GPM: 300-600 MAX TORQUE: 9,400 // 8 1/4" NM IBS // 6 3/4" NMDC // 6 3/4" HANG-OFF SUB // 6 3/4" NMDC // 8 1/4" IBS // NEW 6 3/4" SHOCK SUB // X-O SUB 4 1/2 IF x 4 1/2 XH // 12 - 6 1/2" DRILL COLLARS // HALLIBURTON BLACK BOX // X-O SUB 4 1/2 XH x 4 1/2 IF // 9 - HWDPDAILY DRLG HRS = 8.5, DAILY TOTAL FOOTAGE: 131, DAILY R.O.P: 16 FPH, TOTAL DRLG HRS: 11.5, TOTAL DAILY FOOTAGE: 191, TOTAL RUN R.O.P: 16.6 ( PULLED FOR LOW R.O.P)

BHA #5 : 8 3/4" HUGHES 8 3/4" VGD-38CHDX TRI CONE. // HALLIBURTON BLACK BOX SHORT // NEW BAKER6 3/4" 7/8 3.3 STAGE FIXED 1.5 BEND RPG: .11 MAX DIFF: 525 GPM: 300-600 MAX TORQUE: 9,400 // 8 1/4" NM IBS // 6 3/4" NMDC // 6 3/4" HANG-OFF SUB // 6 3/4" NMDC // 8 1/4" IBS // NEW 6 3/4" SHOCK SUB // X-O SUB 4 1/2 IF x 4 1/2 XH // 12 - 6 1/2" DRILL COLLARS // HALLIBURTON BLACK BOX // X-O SUB 4 1/2 XH x 4 1/2 IF // 9 - HWDPDAILY DRLG HRS = 1, DAILY TOTAL FOOTAGE: 17, DAILY R.O.P: 27 FPH, TOTAL DRLG HRS: 1, TOTAL DAILY FOOTAGE: 27, TOTAL RUN R.O.P: 27 ( PULLED FOR LOW R.O.P)=========================================================================20'' CONDUCTOR CSG SET @ 130'13 3/8" SURFACE CSG SET @ 1,440'

9 5/8'' INT. CSG SET @ 4,907'WEATHERFORD FLOAT @ 4,907.62'1 JOINT 9 5/8" 40# N-80 BTC CASINGWEATHERFORD FLOAT @ 4,858.56'106 JOINTS 9 5/8" 40# N-80 BTC CASING1 LANDING JOINT1- CENTRALIZER ON FIRST JOINT 1 CENTRALIZER EVERY 3RD JOINT AFTERTOTAL CENTRALIZERS- 36

7" INT. CSG SET @ XX,XXX'4.5'' PRO. CASING LINER @ XX,XXX'PROPOSED TD: 12,500'=========================================================================LAST SURVEY:DEPTH: 8,620'INC: 2.45AZM: 207.17

0TVD:

40 / / Sec/Twn/Rng:$3,400,564Total Project Costs:

Rig Name: Precision 594Develop To: 0

JAMES WALKER 318-780-1745Tool Pusher:

Abstract: U39Location Survey: UL

Page 1 of 5 7/22/2015Powered by Production Access

Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs6/18/2015 14 8780 02 - Drilling 9.3 $53,932 $6,116,398$1,275,152

Page 45: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/18/2015

Well Name: UNIVERSITY 40-16 1

Report No: 14

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

TVD: 8,616.59'VS: -101.45N/S: -101.45E/W: -16.20DLS:0.10

PTB SD: 8420 INC: 2.53 AZM: 221.61 TVD: 8416.76 VS: -93.20 N/S: -93.20 E/W: -13.56 DLS: 0.00=========================================================================TRRC:NOTIFY TRRC OF INTENT TO SPUD AND SURFACE CASING @ 15:00 HRS 6-8-2015 JOB # 8028NOTIFIED TRRC OF INTENT TO RUN 9 5/8" CASING AND CEMENT @ 06:00 HRS 6-13-2015

BOP Test and Inspection Dates

Last BOP Drill Date:76/11/2015Last BOP Test:

BOP Test Due:Last Inspection:Days Since BOP Tested:

Surveys

Survey No. Inclination Azimuth TVD Vert Sect N/S(+/-) E/W(+/-) DLSSurvey Date Tie In Meas. Depth Des Azi19 7068 1.08 180.10 7065.77 -52.30 -52.30 15.92 0.006/17/2015 0.0021 7962 2.53 221.61 7959.21 -78.08 -78.08 -0.14 0.106/16/2015 0.0022 8410 2.45 207.17 8406.79 -94.00 -94.00 -11.08 0.146/18/2015 0.00

Date Run Size Weight GradeCasing Top Shoe TestDrift TDHole SizeSet DepthCasing

Type6/8/2015 54.50 J-5527.50 10.0012.615 1440.0017.50013.3751440.18 Surface

Stage

ReciprocateRotate

Bump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

1 0 600 086 CirculatedSpacer, 20, 0, FRESH WATER, , 0, 0No.1Tail, 0, 1315, 4% GEL + 1/4#/SK CELLO FLAKE + 5% SALT + .004 GPS CF-41L, Class C, 1.79, 13.5No.2Displacement, 216, 0, FRESH WATER, , 0, 0No.36/13/2015 40.00 HCNL-8026.50 9.700.000 4910.0012.2509.6254907.62 Intermediate

Stage

ReciprocateRotate

Bump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

1 0 599 4000 CalculatedSpacer, 20, 0, 20 BBL FRESH WATER SPACER, , 0, 0No.1Lead, 0, 945, 1% SMS + 1/4#/SK CELLO FLAKE + 5% SALT, Class C, 2.52, 12No.2Tail, 0, 150, 1/10% C-20, Class C, 1.33, 14.8No.3Spacer, 10, 0, 10 BBL FRESH WATER SPACER, , 0, 0No.4Displacement, 356, 0, 356 BBL BRINE WATER, , 0, 0No.5

Time Wind Dir Wind Knots Sky Conditions Temp RemarksWeather

Mud Properties

9.30 229 1 1/1/1 100.0 100.0 0

10.20 1.10 0.30 1.20 1600100000 00.22 00.00

21:008753

0.0

0.0 0

FL FC

pH

HTFLTime

CaCl2Lime Mud LostEDTA

Wt In PVVis YP Gels

Pm Pf Mf CaCl

Depth

LCM

MBT ES

0.0

9.30 0.0%8.0% 2.0%90.0%

0.00 2/981600

SandSolid OilWater

ECD

Wt Out

Pom O/W RatioTotal Sal.

FL Temp

0.00HTFC

0Water Lost

DRILLED FROM 8562' TO 8753' WITH 9.3PPG CUT BRINE PUMPING HIGH VIS SALT GEL SWEEPS EVERY 200' ORAPCO. PUMPED 130BBLS OF KILL MUD TO KILL WELL FLOW CHECK NO FLOW . CURRENTLY POOH FOR BIT UNDER STABLE WELL BORE AT 228'. COST REFLECTS BARITE USED IN PUMPING 130BBLS OF 12.5PPG KILL MUD

Remarks

Hours Summary ( Daily / Cumulative )9.50Drilling 9.50Rotating 13.00Trips 2.50Circulating 0.00Down 0.00Other106 106 52 16 1 164

Page 2 of 5 7/22/2015Powered by Production Access

Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs6/18/2015 14 8780 02 - Drilling 9.3 $53,932 $6,116,398$1,275,152

Page 46: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/18/2015

Well Name: UNIVERSITY 40-16 1

Report No: 14

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

CodeOperations

Start Hrs Remarks RunEnd DepthStart Depth

026:00 8.50 ROT DRILL 8 3/4” INTERM2 HOLE F/ 8,620' - T/8,753' ( 133' @ 16 FPH ) WOB- 30/35, SPM- 120, GPM- 504, SPP- 2000/2200, RPM- 40, MM RPM- 55, TOTAL RPM- 94, DIFF PSI- 150/350, TORQ- 5,000/8,500, MW- 9.3 IN & OUT, CONTROLLED DRILLING ON x1 CHOKE @ 55%, 5' FLARE ON B/U CONNECTION, NO MUD CUT, SHUTTING IN WELL ON CONNECTIONS W/ 325 PSI SICP.

**PUMPING 30 BBLS HI VIS (90 VIS)SWEEPS EVERY 200'**.

BACKGROUND GAS:62CONNECTION GAS:74 @ 8744TRIP GAS: MAX GAS:115 @ 8605SHOWS: LAST SAMPLE:875010% CHERT: CLR-FRSTD-SME OFF WHT, SMTH-SME GRNY TXT, HRD, BLKY-SUBBLKY, V/FN GRN, RNDD- SUBRND, V/W SRTD, NO FLOR 70% SH:V/DRK GRY-BLK, SBBLKY-BLKY, HRD- BRTL, V/FN TO FN IMBDD CALCT & QURTZ, MED-SMTH TXT, MOD CALC, TR DULL ORG FLOR W/ GOOD BLUE MILKY CUT10% LS:BRNSH GRY -GRY, V/FN-FN XLN, MOD ARG, SBFLKY-SUBBLKY, HRD-BRTLE TR FRI, DNS IP, V/FN IMBD QTZ , TR BRGHT YELL/GRN FLUOR W/ FAIR-GOOD CUT10% SS: OFF WHT SME WHT, SBANGL-SBRNDD, W CONS, FN- V/FN GRN, V/W SRTD, CALC TO SME SL ARG CMT, FN IMBD CAL, NO FLOR W/ GOOD BLUE RING CUT

487538620

0514:30 0.50 FINISH CIRCULATING B/U @ 576 GPM, B/U GAS 60u, NO MUD CUT, PUMP 30 BBLS OF 12.5 PPG KMW SLUG, FLOW BACK 14 BBLS TO T/T SIW W/ 285 PSI SICP.

487538753

0615:00 1.50 STRIP OUT OF HOLE FORCE FILLING @ CALC DISP. FOR LOW R.O.P, F/ 8,753 - T/ 6,500' 4875387530516:30 1.00 LINE UP ON BACKSIDE & BULLHEAD 100 BBLS OF 12.5 PPG KMW @ 50 SPM, 488 GPM,

ICP: 325 PSI, FCP: 0, OPEN WELL TO T/T & FLOW CHECK WELL STATIC.487538753

0617:30 3.50 T.O.O.H FOR BHA F/ 6,500' - T/ 2,500' MONITORING DISP TO / FROM T/T HOLE TAKING CORRECT DISPLACEMENT T/ 3,500' HOLE STARTED OVER DISPLACING CONTINUE OUT OF HOLE @ CALC. DISP, PULL ROTATING HEAD @ 2,500' AND CONTINUE T.O.O.H TO BHA @ 150' @ CALC. DISP.

487538753

0621:00 2.00 CHECK ALL BHA, DRAIN & VERIFY MOTOR IN NEW CONDITION, BREAK BIT & CHANGE BIT ONLY TO 8 3/4" HTC VGD-38CHDX TRI CONE BIT. CHANGE OUT ALL NOV BLACK BOX AUX. RE- CHECK MWD SCRIBE. TEST MWD @ 320 GPM OK

587538753

0623:00 6.00 T.I.H W/ BHA #5 F/ 120- T/ 8,753' MONITORING DISP T/F T/T NO DISP. FILL & TEST TOOLS EVERY 30 STANDS.

587538753

054:00 1.00 FILL PIPE & ATTEMPT TO CIRCULATE CONVENTIALLY WITHOUT SUCCESS, LINE UP ON BACKSIDE & BULLHEAD 320 BBLS OF 9.2 PPG CUT BRINE TO INDUCE WELL, ICP: 50 PSI, FCP: 590 PSI @ 6 BPM, SHUT DOWN PUMPS W/ 275 PSI SICP, LINE UP ON STAND PIPE & CIRCULATE CONVENTIALLY TO FULL RETURNS ON x1 CHOKE @ 75%

587538753

025:00 1.00 ROT DRILL 8 3/4” INTERM2 HOLE F/ 8,753' - T/8,780' ( 27' @ 27 FPH ) WOB- 35/40, SPM- 120, GPM- 504, SPP- 2300/2400, RPM- 40, MM RPM- 55, TOTAL RPM- 94, DIFF PSI- 150/350, TORQ- 5,000/8,500, MW- 9.5 IN & OUT, CONTROLLED DRILLING ON x1 CHOKE @ 55%, 8' FLARE ON B/U CONNECTION, NO MUD CUT, SHUTTING IN WELL ON CONNECTIONS W/ 275 PSI SICP.

**PUMPING 30 BBLS HI VIS (90 VIS)SWEEPS EVERY 200'**.

BACKGROUND GAS: 9CONNECTION GAS: TRIP GAS: MAX GAS: SHOWS: LAST SAMPLE:875370% SH:GRY-V/DRK GRY-SME BLK, SBBLKY-BLKY, HRD- BRTL, V/FN TO FN IMBDD CALCT & QURTZ, MED-SMTH TXT, MOD CALC, TR DULL ORG FLOR W/ GOOD BLUE MILKY CUT10% LS:GRY-BRNSH GRY SMELT GRY, V/FN-FN XLN, MOD ARG, SBFLKY-SUBBLKY, HRD-BRTLE TR FRI, DNS IP, V/FN IMBD QTZ , NO FLUOR W/ FAIR-GOOD CUT10% CHERT:CLR-FRSTD, SMTH TXT, HRD, BLKY-SUBBLKY, FN TO V/FN GRN, RNDD- SUBRND, V/W SRTD, NO FLOR 10% SS:V/LT GRY- TN- OFF WHT SME WHT, SBANGL-SBRNDD, W CONS, FN- V/FN GRN, V/W SRTD, CALC TO SME SL ARG CMT, FN IMBD CAL, NO FLOR W/ GOOD BLUE RING CUT

587808753

25.00Total:Drilling Data

ROP:265000255000Hook Load:

2500Pres on Bot: Press Off Bot:16.84Slack Off: 15000Over Pull:

Kickoff Depth: 0240000

2150Pick Up:

Crew Status: ON Remarks: NONE5035WOB: Motor RPM: 6500Torque:0Rotary RPM:

0.00BHA Hours:

Page 3 of 5 7/22/2015Powered by Production Access

Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs6/18/2015 14 8780 02 - Drilling 9.3 $53,932 $6,116,398$1,275,152

Page 47: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/18/2015

Well Name: UNIVERSITY 40-16 1

Report No: 14

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

Daily Bits

4910 8562 3652 81.2 353652 45.003Jets 14 / 14 / 14 / 14 / 14 / 14 / 14 / 0

801 / 5 / BT / CT / S / E / 1 / PRChar (I/O/D/O/L/B/G/R)

FtgBit In Out ROP WOBTot Ftg Hrs RPM

TFA 1.056/14/2015

Date In3

BHA7152216Serial No.

8500Torq

45.00Tot Hrs

70MRPM

8.75Size

Date Out 6/17/2015Baker T607XManufac. Type

Ftg MRPMHrs GPMMotor Size Brand TypeMud Motors

Cum Ftg Cum Hrs3 6.75 GYRODATA 7/8 3.3 1.5 FIXED .14 RPG 0 0 1067540 0.0

8562 8753 191 16.6 25191 11.504Jets 12 / 12 / 14 / 14 / 14 / 14 / 14 / 0

404 / 3 / BT / CR / N / E / 1 / PRChar (I/O/D/O/L/B/G/R)

FtgBit In Out ROP WOBTot Ftg Hrs RPM

TFA 0.976/17/2015

Date In4

BHAJJ4935Serial No.

6500Torq

11.50Tot Hrs

55MRPM

8.75Size

Date Out 6/17/2015Smith MSI813Manufac. Type

8753 9245 492 20.1 50492 24.505Jets 18 / 18 / 18 / 0 / 0 / 0 / 0 / 0

401 / 1 / NO / NO / 3 / 0 / 1 / BHAChar (I/O/D/O/L/B/G/R)

FtgBit In Out ROP WOBTot Ftg Hrs RPM

TFA 0.756/17/2015

Date In5

BHATH21529Serial No.

5600Torq

24.50Tot Hrs

55MRPM

8.75Size

Date Out 6/20/2015Baker VGD-38CHManufac. Type

Ftg MRPMHrs GPMMotor Size Brand TypeMud Motors

Cum Ftg Cum Hrs4 6.75 BAKER 7/8 2.5 1.5 FIXED .11 RPG 492 25.5 55502492 25.5

Tot LengthComponent Qty Length OD Avg ID Avg RemarksDrilling Assembly

Bit - PDC - Fixed Cutter 1 1.00 8.750 0.000 1.00 HUGHES 8 3/4" VGD-38CHDX TRI CONE.Other 1 1.02 6.500 2.000 2.02 HALLIBURTON BLACK BOX S/N: 019Motor - steerable 1 31.63 6.750 0.000 33.656 3/4" GYRODATA 7/8 3.3 STAGE 1.5 FIXED BEND RPG: .14 // GPM: 300-600 // MAX DIFF: 525 // MAX TORQUE: 9,400Stab - Undergauge 1 6.16 6.785 2.750 39.81 8 1/4" NM IBS S/N: AWNS-4512Monel 1 30.75 6.625 3.785 70.56 NMDC S/N: AWS67530-3502Sub - Orienting 1 6.04 6.785 3.250 76.60 HALLIBURTON HANG OFF SUB S/N: 12414389Monel 1 31.07 6.500 3.250 107.67 NMDC S/N: AWS675-30-4859Stab - Undergauge 1 5.10 6.750 2.500 112.77 8 1/4" IBS S/N: AWSS-4869Sub - Shock 1 11.56 6.500 2.500 124.33 6 3/4" SHOCK SUB S/N: 900564Sub - XO 1 2.33 6.785 2.785 126.66 X-O SUB 4 1/2 IF x 4 1/2 XH S/N: AWST-3384Drill collar 12 365.79 6.500 2.875 492.45 PRECISION DRILL COLLARSOther 1 4.62 6.750 2.500 497.07 HALLIBURTON BLACK BOX S/N: 613210-3Sub - XO 1 3.39 6.875 2.750 500.46 X-O SUB 4 1/2 XH x 4 1/2 IF S/N: 5120HWDP 9 278.04 5.000 3.000 778.50 PRECISION 5" HWDP

Pump No Model Liner Size Stroke Max PSI Max SPM SPM GPM Press. Slow Pump Rates/Pres.Mud Pumps

FD-1600 6 12 4450 1151 251 230060 30/205 40/28320/146FD-1600 6 12 4450 1152 251 230060 30/205 40/28420/150

Drilling Breaks and ShowsBGRD Gas: 9 Trip Gas: Surv Gas: Conn Gas: Peak Gas:

Shale %: 0.0 Sand %: 0.0 Others %: 0.0 Shale Den: 0.0 D'Exp: 0.0Depth: 0.0 Pore Press: 0.0 H2S: 0.0 Cir. Temp: 0.0Desc: LAST SAMPLE:8753

70% SH: CALCT & QURTZ10% SBFLKY-SUBBLKY, 10% CHERT:CLR-FRSTD, 10%

Item Received Used LostBeg Inv Transfrd End InvUnitsInventory

Barite (Bulk) 17.46 0 0 -11-16 22tonsCaustic Soda 0 0 0 4747 0Sks

Diesel 1255 0 0 80839338 0galsalt gel 150 0 0 100250 0sks

Xanthum Gum 11 0 0 6172 0sks

Company Qty. HoursService Company Qty. HoursServicePersonnel Data

ANCHOR DRILLING FL 1 24.00MUD ENGINEER New Prospect Company 1 24.00CO MANPrecision Drilling 11 132.00Rig Crews

180.00Totals 13.00

PersonnelFirst AidType Date Activity Company Name

Health Safety and Environment

Lost Time

Med Visit

Drilling 6/17/2015 PRECISION / PREMIER / ENERGENALL PERSONAL ON-SITEJSA'S & SAFETY MEETINGS OVER , DRILLING, GENERAL HOUSEKEEPING, P/U D.P FROM PIPE CAT. T.O.O.H / CHANGING OUT BHA, T.I.H

Page 4 of 5 7/22/2015Powered by Production Access

Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs6/18/2015 14 8780 02 - Drilling 9.3 $53,932 $6,116,398$1,275,152

Page 48: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/18/2015

Well Name: UNIVERSITY 40-16 1

Report No: 14

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

Daily Cost DetailsCode Remarks Daily Exp Cum ExpIDC Vendor

20.950.030IDC - ROAD & SITE CON $175,00020.950.070IDC - INSURANCE & BO $10,00020.950.080IDC - PERMITS SURVEY $45,00020.950.101IDC - DRILL - BIT $9,000 $43,054BIT #5 8 3/4" VGD-38CHDX TRBaKER HUGHES BITS20.950.102IDC - DRILL - CEMENT & $56,47420.950.103IDC - DRILL - CONTRAC $23,500 $324,000RIG & CREWSPRECISION DRILLING20.950.105IDC - DRILL - EQUIPMEN $50 $12,185DAILY H2S MINIMAL PACKAGSaFETY SOLUTIONS20.950.105IDC - DRILL - EQUIPMEN $540 $12,185DAILY RENTAL ON RCD ROTHalliburton20.950.105IDC - DRILL - EQUIPMEN $340 $12,185DUAL CHOKES & IGNITOR.IRONHORSE20.950.105IDC - DRILL - EQUIPMEN $281 $12,185DAILY RENTAL ON RAMS.ThOMAS TOOLS20.950.105IDC - DRILL - EQUIPMEN $191 $12,185FORK LIFT & MAN LIFT RENTPRECISION/ NEFF20.950.106IDC - DRILL - FUEL $43,75620.950.107IDC - DRILL - EQUIPMEN $3,68020.950.109IDC - DRILL - DIRECTIO $5,725 $76,580DAILY DIRECTIONAL COSTSPREMIER DIRECTIONA20.950.111IDC - DRILL - MOBDEMO $75,00020.950.114IDC - DRILL - SURFACE $90 $29,9042 X LIGHT TOWERS & TRASHK.C. SERVICES20.950.114IDC - DRILL - SURFACE $60 $29,9042 X FRAC TANKSLEOS TRUCKING20.950.114IDC - DRILL - SURFACE $500 $29,904300 BBL. PRE-MIX & TRANSFPORTABLE MUD SYS.20.950.114IDC - DRILL - SURFACE $186 $29,904COMMUNICATIONS PACKAGRIG NET/ LANDTEL20.950.114IDC - DRILL - SURFACE $650 $29,904HOUSING PACKAGETAN MAR20.950.117IDC - DRILL - SPECIAL S $26,44120.950.118IDC - DRILL - DRILLING $2,000 $8,000WELLSITE SUPERVISORROWDY CONSULTING

$43,113 $1,016,409Total IDC:Code Remarks Daily Exp Cum ExpTDC Vendor

20.940.103TDC - DE - OTHER EQUI $1,16120.940.106TDC - DE - SURFACE CA $95,53720.940.109TDC - INTERMEDIATE C $162,046

$258,744Total TDC:Total Cumulative Well Costs: $43,113 $1,275,152

Page 5 of 5 7/22/2015Powered by Production Access

Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs6/18/2015 14 8780 02 - Drilling 9.3 $53,932 $6,116,398$1,275,152

Page 49: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/19/2015

Well Name: UNIVERSITY 40-16 1

Report No: 15

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

Surface Location: 1980 FNL, 1757 FWL - WARD, TX

1st Bone Spring Sand

$36,425$1,311,577

Formation:

Daily Costs:This AFE DHC to Date:

API Code: 4247536999

8780Start Depth(ft):

6/9/2015Spud Date:

24 Hr. Footage:

RKB to MSL: 259245Ending Depth(ft):

$3,180,125AFE DHC:MICHAEL MCCARTRig Supervisor 1: 940-366-6615

832-314-9929

RKB to CHF:$3,400,564

$2,312Total w/ Assoc AFEs :

Daily Mud Costs:

PBE1510032AFE #:

11Days from Spud:Field Name: Wellcore

465RKB to LMF:

RKB to THF:

02 - Drilling

$1,311,577This AFE CWC to Date:

Cum Mud Costs: $89,647Rig Company:

2527.5

Rpt T. Activity:

Precision Drilling 26.5

15Report No:$6,116,398AFE Total:

Rig Supervisor 2:

ROT DRILL 8 3/4” INTERM2 HOLE @ 9,245'Operation Desc:

24-Hour Summary/Remarks: ROT DRILL 8 3/4” INTERM2 HOLE F/ 8,780' - T/8,925' ( 145' @ 16 FPH ), RIG SERVICE,ROT DRILL 8 3/4” INTERM2 HOLE F/ 8,925' - T/9,245' ( 320' @ 22 FPH )Next Day Operations: CIRCULATE B/U & SLUG PIPE, STRIP OUT OF HOLE FOR BHA, CIRCULATE & SPOT KMW, T.O.O.H, LAY DOWN BHA #5, P/U BHA #6, T.I.H, ROT DRILL 8 3/4" INTERM2 HOLE F/ 9,245', =========================================================================RIG RELEASED FROM UNIVERSITY 21-17 #1R @ 06:00 HRS. ON 6-4-2015.SPUD: 06/09/2015 @ 00:00 HRS.TOTAL RIG MOVE HRS.: 106 / DAYS: 4.42TOTAL HRS. FROM SPUD: 232TOTAL DAYS TO TD: -----TOTAL DAYS TO RELEASE: -----DOWNTIME HRS.: 0 TODAY / 1 TOTAL, PERCENTAGE OF DOWNTIME / NPT: 0.43%=========================================================================LAST 5" D/P INSPECTION WAS ON THE UNIVERSITY 24-17 #1H, ON 12/20/2014. CAT-4 INSPECTION - CSILAST 4'' D/P INSPECTION WAS ON THE SPECTRE ST. 54-4 #1H ST1, ON 3/8/2015. CAT-4 INSPECTION - CSILAST BHA INSPECTION WAS ON THE UNIVERSITY 21-17 #1R, ON 6/4/2015.CSI.=========================================================================SAFETY MTG: JSA'S & SAFETY MEETINGS OVER , DRILLING, GENERAL HOUSEKEEPING, P/U D.P FROM PIPE CAT. T.O.O.H / MAKING CONNECTIONDAYS SINCE LAST LTA: 358ORI'S TODAY: 0CREW SHORTAGES: NONE.// DOUBLES: 0=========================================================================FLUID LOST TO WELL: 0 BBLS TODAY / 320 TOTAL BBLS, **NO LEAKS OR SPILLS REPORTED OR OBSERVED**=========================================================================

BHA #4 : 8 3/4" SMITH 813 JETS: 7x14's TFA: 1.052 // HALLIBURTON BLACK BOX SHORT // NEW BAKER6 3/4" 7/8 3.3 STAGE FIXED 1.5 BEND RPG: .11 MAX DIFF: 525 GPM: 300-600 MAX TORQUE: 9,400 // 8 1/4" NM IBS // 6 3/4" NMDC // 6 3/4" HANG-OFF SUB // 6 3/4" NMDC // 8 1/4" IBS // NEW 6 3/4" SHOCK SUB // X-O SUB 4 1/2 IF x 4 1/2 XH // 12 - 6 1/2" DRILL COLLARS // HALLIBURTON BLACK BOX // X-O SUB 4 1/2 XH x 4 1/2 IF // 9 - HWDPDAILY DRLG HRS = 8.5, DAILY TOTAL FOOTAGE: 131, DAILY R.O.P: 16 FPH, TOTAL DRLG HRS: 11.5, TOTAL DAILY FOOTAGE: 191, TOTAL RUN R.O.P: 16.6 ( PULLED FOR LOW R.O.P)

BHA #5 : 8 3/4" HUGHES 8 3/4" VGD-38CHDX TRI CONE. // HALLIBURTON BLACK BOX SHORT // NEW BAKER6 3/4" 7/8 3.3 STAGE FIXED 1.5 BEND RPG: .11 MAX DIFF: 525 GPM: 300-600 MAX TORQUE: 9,400 // 8 1/4" NM IBS // 6 3/4" NMDC // 6 3/4" HANG-OFF SUB // 6 3/4" NMDC // 8 1/4" IBS // NEW 6 3/4" SHOCK SUB // X-O SUB 4 1/2 IF x 4 1/2 XH // 12 - 6 1/2" DRILL COLLARS // HALLIBURTON BLACK BOX // X-O SUB 4 1/2 XH x 4 1/2 IF // 9 - HWDPDAILY DRLG HRS = 23.5, DAILY TOTAL FOOTAGE: 465, DAILY R.O.P: 20 FPH, TOTAL DRLG HRS: 24.5, TOTAL DAILY FOOTAGE: 492, TOTAL RUN R.O.P: 20 ( PULLED FOR BHA CHANGE)=========================================================================20'' CONDUCTOR CSG SET @ 130'13 3/8" SURFACE CSG SET @ 1,440'

9 5/8'' INT. CSG SET @ 4,907'WEATHERFORD FLOAT @ 4,907.62'1 JOINT 9 5/8" 40# N-80 BTC CASINGWEATHERFORD FLOAT @ 4,858.56'106 JOINTS 9 5/8" 40# N-80 BTC CASING1 LANDING JOINT1- CENTRALIZER ON FIRST JOINT 1 CENTRALIZER EVERY 3RD JOINT AFTERTOTAL CENTRALIZERS- 36

7" INT. CSG SET @ XX,XXX'4.5'' PRO. CASING LINER @ XX,XXX'PROPOSED TD: 12,500'=========================================================================LAST SURVEY:DEPTH: 8,620'INC: 2.45AZM: 207.17TVD: 8,616.59'

0TVD:

40 / / Sec/Twn/Rng:$3,400,564Total Project Costs:

Rig Name: Precision 594Develop To: 0

JAMES WALKER 318-780-1745Tool Pusher:

Abstract: U39Location Survey: UL

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Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs6/19/2015 15 9245 02 - Drilling 9.4 $36,425 $6,116,398$1,311,577

Page 50: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/19/2015

Well Name: UNIVERSITY 40-16 1

Report No: 15

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

VS: -101.45N/S: -101.45E/W: -16.20DLS:0.10

PTB SD: 8420 INC: 2.53 AZM: 221.61 TVD: 8416.76 VS: -93.20 N/S: -93.20 E/W: -13.56 DLS: 0.00=========================================================================TRRC:NOTIFY TRRC OF INTENT TO SPUD AND SURFACE CASING @ 15:00 HRS 6-8-2015 JOB # 8028NOTIFIED TRRC OF INTENT TO RUN 9 5/8" CASING AND CEMENT @ 06:00 HRS 6-13-2015

BOP Test and Inspection Dates

Last BOP Drill Date:86/11/2015Last BOP Test:

BOP Test Due:Last Inspection:Days Since BOP Tested:

Surveys

Survey No. Inclination Azimuth TVD Vert Sect N/S(+/-) E/W(+/-) DLSSurvey Date Tie In Meas. Depth Des Azi19 7068 1.08 180.10 7065.77 -52.30 -52.30 15.92 0.006/17/2015 0.0022 8410 2.45 207.17 8406.79 -94.00 -94.00 -11.08 0.146/18/2015 0.0023 8859 2.41 221.41 8855.38 -109.61 -109.61 -21.71 0.136/19/2015 0.00

Date Run Size Weight GradeCasing Top Shoe TestDrift TDHole SizeSet DepthCasing

Type6/8/2015 54.50 J-5527.50 10.0012.615 1440.0017.50013.3751440.18 Surface

Stage

ReciprocateRotate

Bump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

1 0 600 086 CirculatedSpacer, 20, 0, FRESH WATER, , 0, 0No.1Tail, 0, 1315, 4% GEL + 1/4#/SK CELLO FLAKE + 5% SALT + .004 GPS CF-41L, Class C, 1.79, 13.5No.2Displacement, 216, 0, FRESH WATER, , 0, 0No.36/13/2015 40.00 HCNL-8026.50 9.700.000 4910.0012.2509.6254907.62 Intermediate

Stage

ReciprocateRotate

Bump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

1 0 599 4000 CalculatedSpacer, 20, 0, 20 BBL FRESH WATER SPACER, , 0, 0No.1Lead, 0, 945, 1% SMS + 1/4#/SK CELLO FLAKE + 5% SALT, Class C, 2.52, 12No.2Tail, 0, 150, 1/10% C-20, Class C, 1.33, 14.8No.3Spacer, 10, 0, 10 BBL FRESH WATER SPACER, , 0, 0No.4Displacement, 356, 0, 356 BBL BRINE WATER, , 0, 0No.5

Time Wind Dir Wind Knots Sky Conditions Temp RemarksWeather

Mud Properties

9.40 229 1 1/1/1 100.0 100.0 0

10.60 1.40 0.30 1.50 1600100000 00.29 00.00

21:009015

0.0

0.0 0

FL FC

pH

HTFLTime

CaCl2Lime Mud LostEDTA

Wt In PVVis YP Gels

Pm Pf Mf CaCl

Depth

LCM

MBT ES

0.0

9.40 0.0%10.0% 1.0%89.0%

0.00 1/991600

SandSolid OilWater

ECD

Wt Out

Pom O/W RatioTotal Sal.

FL Temp

0.00HTFC

0Water Lost

M/U BHA AND TIH UNDER STABLE WELL BORE TO BOTTOM. DRILLED 262' FROM 8753' TO9015' WITH A 9.4PPG CUT BRINE PUMPING HIGH VIS SALT GEL SWEEPS EVERY 200' OR APCO. CURRENTLY DRILLING AHEAD WITH NO PROBLEMS AT AN AVG ROP OF 21.5FT/HR

Remarks

Hours Summary ( Daily / Cumulative )23.50Drilling 23.50Rotating 0.00Trips 0.00Circulating 0.00Down 0.50Other130 130 52 16 1 164

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Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs6/19/2015 15 9245 02 - Drilling 9.4 $36,425 $6,116,398$1,311,577

Page 51: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/19/2015

Well Name: UNIVERSITY 40-16 1

Report No: 15

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

CodeOperations

Start Hrs Remarks RunEnd DepthStart Depth

026:00 9.00 ROT DRILL 8 3/4” INTERM2 HOLE F/ 8,780' - T/8,925' ( 145' @ 16 FPH ) WOB- 45K, SPM- 120, GPM- 504, SPP- 2300/2400, RPM- 40, MM RPM- 55, TOTAL RPM- 94, DIFF PSI- 150/350, TORQ- 5,000/8,500, MW- 9.5 IN & OUT, CONTROLLED DRILLING ON x1 CHOKE @ 55%, 8' FLARE ON B/U CONNECTION, NO MUD CUT, SHUTTING IN WELL ON CONNECTIONS W/ 275 PSI SICP.

**PUMPING 30 BBLS HI VIS (90 VIS)SWEEPS EVERY 200'**.

BACKGROUND GAS:80CONNECTION GAS:115 @ 8839TRIP GAS: 85 @ 8756MAX GAS:830 @ 8881SHOWS: LAST SAMPLE:8930BRNSH GRY-GRY, V/FN XLN, MOD ARG, SBFLKY-SUBBLKY, FRI- SME, DNS IP, V/FN IMBD QTZ , TR V/FN PYRITIC INCLUS, NO FLUOR W/ FAIR-GOOD CUTSH: V/DK GRY-BLK, SBBLKY-BLKY, HRD-FRM SME BRTTL, SLTY IP & MOD CRB, V/FN-OCC FN IMBDD CALCT, MED-SMTH TXT, SL CALC, TR DULL ORG FLOR W/ GOOD BLUE MILKY CUT, TR CHERT

589258780

0715:00 0.50 RIG SERVICE / SERVICE TOP DRIVE. 5892589250215:30 14.50 ROT DRILL 8 3/4” INTERM2 HOLE F/ 8,925' - T/9,245' ( 320' @ 22 FPH ) WOB- 50K, SPM-

120, GPM- 504, SPP- 2300/2400, RPM- 40, MM RPM- 55, TOTAL RPM- 94, DIFF PSI- 150/350, TORQ- 5,000/8,500, MW- 9.5 IN & OUT, CONTROLLED DRILLING ON x1 CHOKE @ 70%, 8' FLARE ON B/U CONNECTION, NO MUD CUT, SHUTTING IN WELL ON CONNECTIONS W/ 275 PSI SICP.

**PUMPING 30 BBLS HI VIS (90 VIS)SWEEPS EVERY 200'**.

BACKGROUND GAS: 32CONNECTION GAS: 56 @ 9196TRIP GAS: MAX GAS: 460 @ 9048SHOWS: LAST SAMPLE:920060% SS: LT GRY- LT BRNSH GRY, SBRNDD- SBANGL, W CONS, V/FN-OCC FN GRN, V/W SRTD, V/FN IMBD CAL, CALC TO ARG CMT, TR BRYL-GRN FLOR W/ GOOD BLUE RING CUT20% LS:BRNSH GRY-LT GRY & TR TAN, V/FN- SME FN XLN, SBFLKY- SUBBLKY, FRI- SME FRM &HRD, DNS IP, MOD ARG, V/FN IMBD QTZ , TR V/FN PYRITIC INCLUS, NO FLUOR W/ FAIR-GOOD CUT5% CHERT:FRSTD-CLR & SME TRANSLUCENT, HRD, BLKY-SUBBLKY, MICROFN- V/FN GRN, RNDD- SUBRND, PRED SMTH- GRNY TXT, V/W SRTD, NO FLOR 15% SH:V/DK GRY-BLK, SBBLKY-BLKY, HRD-FRM SME BRTTL, SLTY IP & MOD CRB, V/FN-OCC FN IMBDD CALCT, MED-SMTH TXT, SL CALC, TR DULL ORG FLOR W/ GOOD BLUE MILKY CUT

592458925

24.00Total:Drilling Data

ROP:265000255000Hook Load:

2500Pres on Bot: Press Off Bot:19.79Slack Off: 15000Over Pull:

Kickoff Depth: 0240000

2150Pick Up:

Crew Status: ON Remarks: NONE5045WOB: Motor RPM: 6500Torque:55Rotary RPM:

0.00BHA Hours:Daily Bits

8753 9245 492 20.1 50492 24.505Jets 18 / 18 / 18 / 0 / 0 / 0 / 0 / 0

401 / 1 / NO / NO / 3 / 0 / 1 / BHAChar (I/O/D/O/L/B/G/R)

FtgBit In Out ROP WOBTot Ftg Hrs RPM

TFA 0.756/17/2015

Date In5

BHATH21529Serial No.

5600Torq

24.50Tot Hrs

55MRPM

8.75Size

Date Out 6/20/2015Baker VGD-38CHManufac. Type

Ftg MRPMHrs GPMMotor Size Brand TypeMud Motors

Cum Ftg Cum Hrs4 6.75 BAKER 7/8 2.5 1.5 FIXED .11 RPG 492 25.5 55502492 25.5

Tot LengthComponent Qty Length OD Avg ID Avg RemarksDrilling Assembly

Bit - PDC - Fixed Cutter 1 1.00 8.750 0.000 1.00 HUGHES 8 3/4" VGD-38CHDX TRI CONE.Other 1 1.02 6.500 2.000 2.02 HALLIBURTON BLACK BOX S/N: 019Motor - steerable 1 31.63 6.750 0.000 33.656 3/4" GYRODATA 7/8 3.3 STAGE 1.5 FIXED BEND RPG: .14 // GPM: 300-600 // MAX DIFF: 525 // MAX TORQUE: 9,400Stab - Undergauge 1 6.16 6.785 2.750 39.81 8 1/4" NM IBS S/N: AWNS-4512Monel 1 30.75 6.625 3.785 70.56 NMDC S/N: AWS67530-3502Sub - Orienting 1 6.04 6.785 3.250 76.60 HALLIBURTON HANG OFF SUB S/N: 12414389Monel 1 31.07 6.500 3.250 107.67 NMDC S/N: AWS675-30-4859Stab - Undergauge 1 5.10 6.750 2.500 112.77 8 1/4" IBS S/N: AWSS-4869Sub - Shock 1 11.56 6.500 2.500 124.33 6 3/4" SHOCK SUB S/N: 900564Sub - XO 1 2.33 6.785 2.785 126.66 X-O SUB 4 1/2 IF x 4 1/2 XH S/N: AWST-3384Drill collar 12 365.79 6.500 2.875 492.45 PRECISION DRILL COLLARSOther 1 4.62 6.750 2.500 497.07 HALLIBURTON BLACK BOX S/N: 613210-3Sub - XO 1 3.39 6.875 2.750 500.46 X-O SUB 4 1/2 XH x 4 1/2 IF S/N: 5120HWDP 9 278.04 5.000 3.000 778.50 PRECISION 5" HWDP

Page 3 of 5 7/22/2015Powered by Production Access

Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs6/19/2015 15 9245 02 - Drilling 9.4 $36,425 $6,116,398$1,311,577

Page 52: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/19/2015

Well Name: UNIVERSITY 40-16 1

Report No: 15

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

Pump No Model Liner Size Stroke Max PSI Max SPM SPM GPM Press. Slow Pump Rates/Pres.Mud Pumps

FD-1600 6 12 4450 1151 251 230060 30/205 40/28320/146FD-1600 6 12 4450 1152 251 230060 30/205 40/28420/150

Drilling Breaks and ShowsBGRD Gas: 30 Trip Gas: 460 Surv Gas: Conn Gas: 56 Peak Gas: 460

Shale %: 15.0 Sand %: 60.0 Others %: 25.0 Shale Den: 0.0 D'Exp: 0.0Depth: 9200.0 Pore Press: 0.0 H2S: 0.0 Cir. Temp: 0.0Desc:

6/19/2015From/To Gas ROP Mud Wt. MethaneChlorides C1/C2/C3/C4/C5 (%) Type Qty Fluor.

0 0 0 0.0 0.0 0.0 0.0 0.0 0.00 00 0 0 0.00 0.00 0.00 0.00 0.00

Lithology Last Sample:920060% SS: lt gry- lt brnsh gry, sbrndd- sbangl, w cons, v/fn-occ fn grn, v/w srtd, v/fn imbd CAL, calc to arg cmt, tr brYl-grn flor w/ good blue ring cut20% LS:Brnsh gry-lt gry & tr tan, v/fn- sme fn xln, sbflky- subblky, fri- sme frm &hrd, dns ip, mod arg, v/fn imbd QTZ , tr v/fn pyritic inclus, no fluor w/ fair-good cut5% CHERT:Frstd-clr & sme translucent, hrd, blky-subblky, microfn- v/fn grn, rndd- subrnd, pred smth- grny txt, v/w srtd, no flor 15% SH:V/dk Gry-blk, sbblky-blky, hrd-frm sme brttl, slty ip & mod crb, v/fn-occ fn imbdd calct, med-smth txt, sl calc, tr dull org flor w/ good blue milky cut

Comments

Item Received Used LostBeg Inv Transfrd End InvUnitsInventory

Barite (Bulk) 0 0 0 11-11 22tonsCaustic Soda 0 0 0 4747 0Sks

Diesel 1249 0 0 68348083 0galsalt gel 0 0 0 100100 0sks

Xanthum Gum 0 0 0 6161 0sks

Company Qty. HoursService Company Qty. HoursServicePersonnel Data

ANCHOR DRILLING FL 1 24.00MUD ENGINEER Diversified Well Logging 2 24.00Mud LoggersNew Prospect Company 1 24.00CO MAN Precision Drilling 11 132.00Rig Crews

204.00Totals 15.00

PersonnelFirst AidType Date Activity Company Name

Health Safety and Environment

Lost Time

Med Visit

Drilling 6/18/2015 PRECISION / PREMIER / ENERGENALL PERSONAL ON-SITEJSA'S & SAFETY MEETINGS OVER , DRILLING, GENERAL HOUSEKEEPING, P/U D.P FROM PIPE CAT. T.O.O.H / MAKING CONNECTION

Page 4 of 5 7/22/2015Powered by Production Access

Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs6/19/2015 15 9245 02 - Drilling 9.4 $36,425 $6,116,398$1,311,577

Page 53: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/19/2015

Well Name: UNIVERSITY 40-16 1

Report No: 15

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

Daily Cost DetailsCode Remarks Daily Exp Cum ExpIDC Vendor

20.950.030IDC - ROAD & SITE CON $175,00020.950.070IDC - INSURANCE & BO $10,00020.950.080IDC - PERMITS SURVEY $45,00020.950.101IDC - DRILL - BIT $43,05420.950.102IDC - DRILL - CEMENT & $56,47420.950.103IDC - DRILL - CONTRAC $23,500 $347,500RIG & CREWSPRECISION DRILLING20.950.105IDC - DRILL - EQUIPMEN $50 $13,587DAILY H2S MINIMAL PACKAGSaFETY SOLUTIONS20.950.105IDC - DRILL - EQUIPMEN $540 $13,587DAILY RENTAL ON RCD ROTHalliburton20.950.105IDC - DRILL - EQUIPMEN $340 $13,587DUAL CHOKES & IGNITOR.IRONHORSE20.950.105IDC - DRILL - EQUIPMEN $281 $13,587DAILY RENTAL ON RAMS.ThOMAS TOOLS20.950.105IDC - DRILL - EQUIPMEN $191 $13,587FORK LIFT & MAN LIFT RENTPRECISION/ NEFF20.950.106IDC - DRILL - FUEL $43,75620.950.107IDC - DRILL - EQUIPMEN $3,68020.950.109IDC - DRILL - DIRECTIO $5,725 $82,305DAILY DIRECTIONAL COSTSPREMIER DIRECTIONA20.950.111IDC - DRILL - MOBDEMO $75,00020.950.114IDC - DRILL - SURFACE $90 $31,3902 X LIGHT TOWERS & TRASHK.C. SERVICES20.950.114IDC - DRILL - SURFACE $60 $31,3902 X FRAC TANKSLEOS TRUCKING20.950.114IDC - DRILL - SURFACE $500 $31,390300 BBL. PRE-MIX & TRANSFPORTABLE MUD SYS.20.950.114IDC - DRILL - SURFACE $186 $31,390COMMUNICATIONS PACKAGRIG NET/ LANDTEL20.950.114IDC - DRILL - SURFACE $650 $31,390HOUSING PACKAGETAN MAR20.950.117IDC - DRILL - SPECIAL S $26,44120.950.118IDC - DRILL - DRILLING $2,000 $10,000WELLSITE SUPERVISORROWDY CONSULTING

$34,113 $1,052,834Total IDC:Code Remarks Daily Exp Cum ExpTDC Vendor

20.940.103TDC - DE - OTHER EQUI $1,16120.940.106TDC - DE - SURFACE CA $95,53720.940.109TDC - INTERMEDIATE C $162,046

$258,744Total TDC:Total Cumulative Well Costs: $34,113 $1,311,577

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Page 54: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/20/2015

Well Name: UNIVERSITY 40-16 1

Report No: 16

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

Surface Location: 1980 FNL, 1757 FWL - WARD, TX

1st Bone Spring Sand

$50,955$1,362,533

Formation:

Daily Costs:This AFE DHC to Date:

API Code: 4247536999

9245Start Depth(ft):

6/9/2015Spud Date:

24 Hr. Footage:

RKB to MSL: 259390Ending Depth(ft):

$3,180,125AFE DHC:MICHAEL MCCARTRig Supervisor 1: 940-366-6615

832-314-9929

RKB to CHF:$3,400,564

$7,342Total w/ Assoc AFEs :

Daily Mud Costs:

PBE1510032AFE #:

12Days from Spud:Field Name: Wellcore

145RKB to LMF:

RKB to THF:

02 - Drilling

$1,362,533This AFE CWC to Date:

Cum Mud Costs: $96,990Rig Company:

2527.5

Rpt T. Activity:

Precision Drilling 26.5

16Report No:$6,116,398AFE Total:

Rig Supervisor 2:

ROT DRILL 8 3/4” INTERM2 HOLE @9,390'Operation Desc:

24-Hour Summary/Remarks: CIRCULATE B/U, STRIP OUT OF HOLE FORCE FILLING @ CALC DISP., BULLHEAD 100 BBLS OF 12.5 PPG KMW, T.O.O.H FOR BHA, L/D BHA #5, P/U & M/U BHA #6, T.I.H W/ BHA #6, FILL PIPE & INDUCE FLOW, ROT DRILL 8 3/4” INTERM2 HOLE F/ 9,245' - T/ 9,390' ( 145' @ 24 FPH )Next Day Operations: ROT DRILL 8 3/4” INTERM2 HOLE F/ 9,390', RIG SERVICE. =========================================================================RIG RELEASED FROM UNIVERSITY 21-17 #1R @ 06:00 HRS. ON 6-4-2015.SPUD: 06/09/2015 @ 00:00 HRS.TOTAL RIG MOVE HRS.: 106 / DAYS: 4.42TOTAL HRS. FROM SPUD: 256TOTAL DAYS TO TD: -----TOTAL DAYS TO RELEASE: -----DOWNTIME HRS.: 0 TODAY / 1 TOTAL, PERCENTAGE OF DOWNTIME / NPT: 0.39%=========================================================================LAST 5" D/P INSPECTION WAS ON THE UNIVERSITY 24-17 #1H, ON 12/20/2014. CAT-4 INSPECTION - CSILAST 4'' D/P INSPECTION WAS ON THE SPECTRE ST. 54-4 #1H ST1, ON 3/8/2015. CAT-4 INSPECTION - CSILAST BHA INSPECTION WAS ON THE UNIVERSITY 21-17 #1R, ON 6/4/2015.CSI.=========================================================================SAFETY MTG: JSA'S & SAFETY MEETINGS OVER , DRILLING, GENERAL HOUSEKEEPING, P/U D.P FROM PIPE CAT. T.O.O.H / MAKING CONNECTIONDAYS SINCE LAST LTA: 358ORI'S TODAY: 0CREW SHORTAGES: NONE.// DOUBLES: 0=========================================================================FLUID LOST TO WELL: 0 BBLS TODAY / 320 TOTAL BBLS, **NO LEAKS OR SPILLS REPORTED OR OBSERVED**=========================================================================

BHA #5 : 8 3/4" HUGHES 8 3/4" VGD-38CHDX TRI CONE. // HALLIBURTON BLACK BOX SHORT // NEW BAKER6 3/4" 7/8 3.3 STAGE FIXED 1.5 BEND RPG: .11 MAX DIFF: 525 GPM: 300-600 MAX TORQUE: 9,400 // 8 1/4" NM IBS // 6 3/4" NMDC // 6 3/4" HANG-OFF SUB // 6 3/4" NMDC // 8 1/4" IBS // NEW 6 3/4" SHOCK SUB // X-O SUB 4 1/2 IF x 4 1/2 XH // 12 - 6 1/2" DRILL COLLARS // HALLIBURTON BLACK BOX // X-O SUB 4 1/2 XH x 4 1/2 IF // 9 - HWDPDAILY DRLG HRS = 23.5, DAILY TOTAL FOOTAGE: 465, DAILY R.O.P: 20 FPH, TOTAL DRLG HRS: 24.5, TOTAL DAILY FOOTAGE: 492, TOTAL RUN R.O.P: 20 ( PULLED FOR BHA CHANGE)

BHA #5 : 8 3/4" HUGHES 8 3/4" T508X PDC. // HALLIBURTON BLACK BOX SHORT // NEW BAKER6 3/4" 7/8 3.3 STAGE FIXED 1.5 BEND RPG: .11 MAX DIFF: 525 GPM: 300-600 MAX TORQUE: 9,400 // 8 1/4" NM IBS // 6 3/4" NMDC // 6 3/4" HANG-OFF SUB // 6 3/4" NMDC // 8 1/4" IBS // NEW 6 3/4" SHOCK SUB // X-O SUB 4 1/2 IF x 4 1/2 XH // 12 - 6 1/2" DRILL COLLARS // HALLIBURTON BLACK BOX // X-O SUB 4 1/2 XH x 4 1/2 IF // 9 - HWDPDAILY DRLG HRS = 6, DAILY TOTAL FOOTAGE: 190, DAILY R.O.P: 24 FPH, TOTAL DRLG HRS: 6, TOTAL DAILY FOOTAGE: 190, TOTAL RUN R.O.P: 24 ( PULLED FOR )

=========================================================================20'' CONDUCTOR CSG SET @ 130'13 3/8" SURFACE CSG SET @ 1,440'

9 5/8'' INT. CSG SET @ 4,907'WEATHERFORD FLOAT @ 4,907.62'1 JOINT 9 5/8" 40# N-80 BTC CASINGWEATHERFORD FLOAT @ 4,858.56'106 JOINTS 9 5/8" 40# N-80 BTC CASING1 LANDING JOINT1- CENTRALIZER ON FIRST JOINT 1 CENTRALIZER EVERY 3RD JOINT AFTERTOTAL CENTRALIZERS- 36

7" INT. CSG SET @ XX,XXX'4.5'' PRO. CASING LINER @ XX,XXX'PROPOSED TD: 12,500'=========================================================================LAST SURVEY:DEPTH: 9,308'INC: 0.31

0TVD:

40 / / Sec/Twn/Rng:$3,400,564Total Project Costs:

Rig Name: Precision 594Develop To: 0

JAMES WALKER 318-780-1745Tool Pusher:

Abstract: U39Location Survey: UL

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Page 55: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/20/2015

Well Name: UNIVERSITY 40-16 1

Report No: 16

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

AZM: 353.17TVD: 9,304.27'VS: -115.49N/S: -115.49E/W: -28.09DLS:0.59

115 SOUTH & 28 WEST =========================================================================TRRC:NOTIFY TRRC OF INTENT TO SPUD AND SURFACE CASING @ 15:00 HRS 6-8-2015 JOB # 8028NOTIFIED TRRC OF INTENT TO RUN 9 5/8" CASING AND CEMENT @ 06:00 HRS 6-13-2015

BOP Test and Inspection Dates

Last BOP Drill Date:96/11/2015Last BOP Test:

BOP Test Due:Last Inspection:Days Since BOP Tested:

Surveys

Survey No. Inclination Azimuth TVD Vert Sect N/S(+/-) E/W(+/-) DLSSurvey Date Tie In Meas. Depth Des Azi19 7068 1.08 180.10 7065.77 -52.30 -52.30 15.92 0.006/17/2015 0.0022 8410 2.45 207.17 8406.79 -94.00 -94.00 -11.08 0.146/18/2015 0.0023 8859 2.41 221.41 8855.38 -109.61 -109.61 -21.71 0.136/19/2015 0.00

Date Run Size Weight GradeCasing Top Shoe TestDrift TDHole SizeSet DepthCasing

Type6/8/2015 54.50 J-5527.50 10.0012.615 1440.0017.50013.3751440.18 Surface

Stage

ReciprocateRotate

Bump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

1 0 600 086 CirculatedSpacer, 20, 0, FRESH WATER, , 0, 0No.1Tail, 0, 1315, 4% GEL + 1/4#/SK CELLO FLAKE + 5% SALT + .004 GPS CF-41L, Class C, 1.79, 13.5No.2Displacement, 216, 0, FRESH WATER, , 0, 0No.36/13/2015 40.00 HCNL-8026.50 9.700.000 4910.0012.2509.6254907.62 Intermediate

Stage

ReciprocateRotate

Bump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

1 0 599 4000 CalculatedSpacer, 20, 0, 20 BBL FRESH WATER SPACER, , 0, 0No.1Lead, 0, 945, 1% SMS + 1/4#/SK CELLO FLAKE + 5% SALT, Class C, 2.52, 12No.2Tail, 0, 150, 1/10% C-20, Class C, 1.33, 14.8No.3Spacer, 10, 0, 10 BBL FRESH WATER SPACER, , 0, 0No.4Displacement, 356, 0, 356 BBL BRINE WATER, , 0, 0No.5

Time Wind Dir Wind Knots Sky Conditions Temp RemarksWeather

Mud Properties

9.50 229 1 1/1/1 100.0 100.0 0

10.50 1.30 0.30 1.40 1600100000 00.24 00.00

21:009245

0.0

0.0 0

FL FC

pH

HTFLTime

CaCl2Lime Mud LostEDTA

Wt In PVVis YP Gels

Pm Pf Mf CaCl

Depth

LCM

MBT ES

0.0

9.50 0.0%10.0% 1.0%89.0%

0.00 1/991600

SandSolid OilWater

ECD

Wt Out

Pom O/W RatioTotal Sal.

FL Temp

0.00HTFC

0Water Lost

DRILLED 230' FROM 9015 TO 9245' WITH 9.5PPG CUT BRINE PUMPING HIGH VIS SALT GEL SWEEPS EVERY 200' OR APCO.PUMPED SLUG AND POOH FOR A BIT TO 6900' WELL STARTED TO FLOW PUMPED 100BBLS OF 13.0PPG KILL MUD TO KILL WELL FLOW CHECK NO FLOW . CONTINUED TO POOH UNDER A STABLE WELL BORE TO SURFACE M/U BHA AND ARE CURRENTLY TIH AT 4923' WITH NO PROBLEMS. NOTE COST REFLECTS BARITE USED IN PUMPING 170BBLS OF 13.0PPG KILL MUD

Remarks

Hours Summary ( Daily / Cumulative )6.00Drilling 6.00Rotating 14.50Trips 2.00Circulating 0.00Down 1.50Other136 136 66 18 1 166

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Page 56: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/20/2015

Well Name: UNIVERSITY 40-16 1

Report No: 16

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

CodeOperations

Start Hrs Remarks RunEnd DepthStart Depth

056:00 0.50 CIRCULATE B/U AND TRANSFER KMW TO SLUG TANK, PUMP 30 BBLS OF 12.1 PPG KMW SLUG S.I.W AND BLEED BACK 15 BBLS S.I.W W/ 350 PSI SICP.

592459245

066:30 1.00 STRIP OUT OF HOLE FORCE FILLING @ CALC DISP. FOR NEW BHA, F/ 8,753 - T/ 6,500' 592459245057:30 0.50 LINE UP ON BACKSIDE & BULLHEAD 100 BBLS OF 12.5 PPG KMW @ 50 SPM, 488 GPM,

ICP: 325 PSI, FCP: 0, OPEN WELL TO T/T & FLOW CHECK WELL STATIC.592459245

068:00 4.00 T.O.O.H FOR BHA F/ 6,500' - T/ 2,500' MONITORING DISP TO / FROM T/T HOLE TAKING CORRECT DISPLACEMENT T/ 3,500' HOLE STARTED OVER DISPLACING CONTINUE OUT OF HOLE @ CALC. DISP, PULL ROTATING HEAD @ 2,500' AND CONTINUE T.O.O.H TO BHA @ 150' @ CALC. DISP.

592459245

0612:00 1.50 L/D BHA #5 8 3/4" HUGHES 8 3/4" VGD-38CHDX TRI CONE. // HALLIBURTON BLACK BOX SHORT // NEW BAKER6 3/4" 7/8 3.3 STAGE FIXED 1.5 BEND RPG: .11 MAX DIFF: 525 GPM: 300-600 MAX TORQUE: 9,400 // 8 1/4" NM IBS // 6 3/4" NMDC // 6 3/4" HANG-OFF SUB // 6 3/4" NMDC // 8 1/4" IBS // NEW 6 3/4" SHOCK SUB // X-O SUB 4 1/2 IF x 4 1/2 XH

592459245

0613:30 2.00 P/U & M/U BHA #6 8 3/4" HUGHES 8 3/4" T508X PDC. // HALLIBURTON BLACK BOX SHORT // NEW BAKER6 3/4" 7/8 3.3 STAGE FIXED 1.5 BEND RPG: .11 MAX DIFF: 525 GPM: 300-600 MAX TORQUE: 9,400 // 8 1/4" NM IBS // 6 3/4" NMDC // 6 3/4" HANG-OFF SUB // 6 3/4" NMDC // 8 1/4" IBS // NEW 6 3/4" SHOCK SUB // X-O SUB 4 1/2 IF x 4 1/2 XH SCRIBE ORIENT & INSTALL NEW MWD. TEST TOOLS @ 320 GPM OK.

692459245

0615:30 3.50 T.I.H W/ BHA #6 F/ 120- T/ 4,500 MONITORING DISP T/F T/T NO DISP. FILL & TEST TOOLS EVERY 30 STANDS.

692459245

0919:00 1.50 SLIP & CUT DRILL LINE. 6924592450620:30 2.50 T.I.H W/ BHA #6 F/ 4,500’ - T/ 9,245’ MONITORING DISP T/F T/T NO DISP. FILL & TEST

TOOLS EVERY 30 STANDS.692459245

0523:00 1.00 FILL PIPE & ATTEMPT TO CIRCULATE CONVENTIALLY WITHOUT SUCCESS, LINE UP ON BACKSIDE & BULLHEAD 320 BBLS OF 9.2 PPG CUT BRINE TO INDUCE WELL, ICP: 50 PSI, FCP: 590 PSI @ 6 BPM, SHUT DOWN PUMPS W/ 275 PSI SICP, LINE UP ON STAND PIPE & CIRCULATE CONVENTIALLY TO FULL RETURNS ON x1 CHOKE @ 75%

692459245

020:00 6.00 ROT DRILL 8 3/4” INTERM2 HOLE F/ 9,245' - T/ 9,390' ( 145' @ 24 FPH ) WOB- 50K, SPM- 120, GPM- 504, SPP- 2300/2400, RPM- 40, MM RPM- 55, TOTAL RPM- 94, DIFF PSI- 150/350, TORQ- 5,000/8,500, MW- 9.5 IN & OUT, CONTROLLED DRILLING ON x1 CHOKE @ 70%, 8' FLARE ON B/U CONNECTION, NO MUD CUT, SHUTTING IN WELL ON CONNECTIONS W/ 275 PSI SICP.

**PUMPING 30 BBLS HI VIS (90 VIS)SWEEPS EVERY 200'**.

BACKGROUND GAS: 171CONNECTION GAS: 280 @ 9288TRIP GAS: 1130 @ 9256MAX GAS: 1130 @ 9256SHOWS: LAST SAMPLE:932075% LS:BRNSH GRY-TN & LT GRY, V/FN XLN, SBFLKY-SUBBLKY, HRD-FRM & TR FRI, DNS IP, MOD ARG, TR V/FN IMBD QTZ , TR V/FN PYRITIC INCLUS, NO FLUOR W/ FAIR-GOOD CUT 5% CHERT:CLR-FRSTD, SMTH- GRNY TXT, HRD, BLKY-SUBBLKY, MICROFN- V/FN GRN, RNDD- SUBRND, V/W SRTD, NO FLOR 20% SH:GRY-V/DRK BLK & SME GRY, HRD- BRTL, V/FN TO FN IMBDD CALCT & QURTZ, SBBLKY-BLKY, MED-SMTH TXT, MOD CALC, TR DULL ORG FLOR W/ GOOD BLUE MILKY CUT

693909245

24.00Total:Drilling Data

ROP:265000255000Hook Load:

2500Pres on Bot: Press Off Bot:24.17Slack Off: 15000Over Pull:

Kickoff Depth: 0240000

2150Pick Up:

Crew Status: ON Remarks: NONE5035WOB: Motor RPM: 9800Torque:55Rotary RPM:

0.00BHA Hours:

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Page 57: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/20/2015

Well Name: UNIVERSITY 40-16 1

Report No: 16

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

Daily Bits

8753 9245 492 20.1 50492 24.505Jets 18 / 18 / 18 / 0 / 0 / 0 / 0 / 0

401 / 1 / NO / NO / 3 / 0 / 1 / BHAChar (I/O/D/O/L/B/G/R)

FtgBit In Out ROP WOBTot Ftg Hrs RPM

TFA 0.756/17/2015

Date In5

BHATH21529Serial No.

5600Torq

24.50Tot Hrs

55MRPM

8.75Size

Date Out 6/20/2015Baker VGD-38CHManufac. Type

Ftg MRPMHrs GPMMotor Size Brand TypeMud Motors

Cum Ftg Cum Hrs4 6.75 BAKER 7/8 2.5 1.5 FIXED .11 RPG 492 25.5 55502492 25.5

Tot LengthComponent Qty Length OD Avg ID Avg RemarksDrilling Assembly

Bit - PDC - Fixed Cutter 1 1.00 8.750 0.000 1.00 HUGHES 8 3/4" VGD-38CHDX TRI CONE.Other 1 1.02 6.500 2.000 2.02 HALLIBURTON BLACK BOX S/N: 019Motor - steerable 1 31.63 6.750 0.000 33.656 3/4" GYRODATA 7/8 3.3 STAGE 1.5 FIXED BEND RPG: .14 // GPM: 300-600 // MAX DIFF: 525 // MAX TORQUE: 9,400Stab - Undergauge 1 6.16 6.785 2.750 39.81 8 1/4" NM IBS S/N: AWNS-4512Monel 1 30.75 6.625 3.785 70.56 NMDC S/N: AWS67530-3502Sub - Orienting 1 6.04 6.785 3.250 76.60 HALLIBURTON HANG OFF SUB S/N: 12414389Monel 1 31.07 6.500 3.250 107.67 NMDC S/N: AWS675-30-4859Stab - Undergauge 1 5.10 6.750 2.500 112.77 8 1/4" IBS S/N: AWSS-4869Sub - Shock 1 11.56 6.500 2.500 124.33 6 3/4" SHOCK SUB S/N: 900564Sub - XO 1 2.33 6.785 2.785 126.66 X-O SUB 4 1/2 IF x 4 1/2 XH S/N: AWST-3384Drill collar 12 365.79 6.500 2.875 492.45 PRECISION DRILL COLLARSOther 1 4.62 6.750 2.500 497.07 HALLIBURTON BLACK BOX S/N: 613210-3Sub - XO 1 3.39 6.875 2.750 500.46 X-O SUB 4 1/2 XH x 4 1/2 IF S/N: 5120HWDP 9 278.04 5.000 3.000 778.50 PRECISION 5" HWDP

9245 10091 846 29.7 30846 28.506Jets 14 / 14 / 14 / 14 / 14 / 14 / 12 / 12

504 / 1 / CR / CR / N / E / 1 / PRChar (I/O/D/O/L/B/G/R)

FtgBit In Out ROP WOBTot Ftg Hrs RPM

TFA 1.126/20/2015

Date In6

BHA7155163Serial No.

7900Torq

28.50Tot Hrs

55MRPM

8.75Size

Date Out 6/22/2015Baker t508XManufac. Type

Ftg MRPMHrs GPMMotor Size Brand TypeMud Motors

Cum Ftg Cum Hrs5 6.75 BAKER 6 1/2 7/8 2.5 ADJ @ 1.5 SS 145 7 55502145 7.0

Tot LengthComponent Qty Length OD Avg ID Avg RemarksDrilling Assembly

Bit - PDC - Fixed Cutter 1 1.00 8.750 0.000 1.00HUGHES 8 3/4" T508x JETS: 6 X 14 2 x 12, TFA: 1.12Other 1 1.02 6.500 2.000 2.02 HALLIBURTON BLACK BOX S/N: 019Motor - steerable 1 31.63 6.750 0.000 33.656 3/4" BAKER 6 1/2 7/8 2.5 ADJ @ 1.5 SS RPG: .11 // GPM: 300-600 // MAX DIFF: 525 // MAX TORQUE: 11,000Stab - Undergauge 1 6.16 6.785 2.750 39.81 8 1/4" NM IBS S/N: AWNS-4512Monel 1 30.75 6.625 3.785 70.56 NMDC S/N: AWS67530-3502Sub - Orienting 1 6.04 6.785 3.250 76.60 HALLIBURTON HANG OFF SUB S/N: 12414389Monel 1 31.07 6.500 3.250 107.67 NMDC S/N: AWS675-30-4859Stab - Undergauge 1 5.10 6.750 2.500 112.77 8 1/4" IBS S/N: AWSS-4869Sub - Shock 1 11.56 6.500 2.500 124.33 6 3/4" SHOCK SUB S/N: 900499Sub - XO 1 2.33 6.785 2.785 126.66 X-O SUB 4 1/2 IF x 4 1/2 XH S/N: AWST-3384Drill collar 12 365.79 6.500 2.875 492.45 PRECISION DRILL COLLARSOther 1 4.62 6.750 2.500 497.07 HALLIBURTON BLACK BOX S/N: 613210-3Sub - XO 1 3.39 6.875 2.750 500.46 X-O SUB 4 1/2 XH x 4 1/2 IF S/N: 5120HWDP 9 278.04 5.000 3.000 778.50 PRECISION 5" HWDP

Pump No Model Liner Size Stroke Max PSI Max SPM SPM GPM Press. Slow Pump Rates/Pres.Mud Pumps

FD-1600 6 12 4450 1151 251 230060 30/205 40/28320/146FD-1600 6 12 4450 1152 251 230060 30/205 40/28420/150

Item Received Used LostBeg Inv Transfrd End InvUnitsInventory

Barite (Bulk) 21.5 0 0 -1011 0tonsCaustic Soda 0 0 0 4747 0Sks

Diesel 1240 0 0 55946834 0galsalt gel 50 0 0 50100 0sks

Xanthum Gum 0 0 0 6161 0sks

Company Qty. HoursService Company Qty. HoursServicePersonnel Data

ANCHOR DRILLING FL 1 24.00MUD ENGINEER Diversified Well Logging 2 24.00Mud LoggersNew Prospect Company 1 24.00CO MAN Precision Drilling 11 132.00Rig Crews

204.00Totals 15.00

PersonnelFirst AidType Date Activity Company Name

Health Safety and Environment

Lost Time

Med Visit

Drilling 6/19/2015 PRECISION / PREMIER / ENERGENALL PERSONAL ON-SITEJSA'S & SAFETY MEETINGS OVER , DRILLING, GENERAL HOUSEKEEPING, P/U D.P FROM PIPE CAT. T.O.O.H / CHANGING OUT BHA, T.I.H

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Page 58: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/20/2015

Well Name: UNIVERSITY 40-16 1

Report No: 16

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

Daily Cost DetailsCode Remarks Daily Exp Cum ExpIDC Vendor

20.950.030IDC - ROAD & SITE CON $175,00020.950.070IDC - INSURANCE & BO $10,00020.950.080IDC - PERMITS SURVEY $45,00020.950.101IDC - DRILL - BIT $9,500 $52,554T 508X BIT #6HUGHES BITS20.950.102IDC - DRILL - CEMENT & $56,47420.950.103IDC - DRILL - CONTRAC $23,500 $371,000RIG & CREWSPRECISION DRILLING20.950.105IDC - DRILL - EQUIPMEN $540 $14,989DAILY RENTAL ON RCD ROTHalliburton20.950.105IDC - DRILL - EQUIPMEN $340 $14,989DUAL CHOKES & IGNITOR.IRONHORSE20.950.105IDC - DRILL - EQUIPMEN $281 $14,989DAILY RENTAL ON RAMS.ThOMAS TOOLS20.950.105IDC - DRILL - EQUIPMEN $191 $14,989FORK LIFT & MAN LIFT RENTPRECISION/ NEFF20.950.105IDC - DRILL - EQUIPMEN $50 $14,989DAILY H2S MINIMAL PACKAGSaFETY SOLUTIONS20.950.106IDC - DRILL - FUEL $43,75620.950.107IDC - DRILL - EQUIPMEN $3,68020.950.109IDC - DRILL - DIRECTIO $5,725 $88,030DAILY DIRECTIONAL COSTSPREMIER DIRECTIONA20.950.111IDC - DRILL - MOBDEMO $75,00020.950.114IDC - DRILL - SURFACE $90 $32,8762 X LIGHT TOWERS & TRASHK.C. SERVICES20.950.114IDC - DRILL - SURFACE $60 $32,8762 X FRAC TANKSLEOS TRUCKING20.950.114IDC - DRILL - SURFACE $500 $32,876300 BBL. PRE-MIX & TRANSFPORTABLE MUD SYS.20.950.114IDC - DRILL - SURFACE $186 $32,876COMMUNICATIONS PACKAGRIG NET/ LANDTEL20.950.114IDC - DRILL - SURFACE $650 $32,876HOUSING PACKAGETAN MAR20.950.117IDC - DRILL - SPECIAL S $26,44120.950.118IDC - DRILL - DRILLING $2,000 $12,000WELLSITE SUPERVISORROWDY CONSULTING

$43,613 $1,103,789Total IDC:Code Remarks Daily Exp Cum ExpTDC Vendor

20.940.103TDC - DE - OTHER EQUI $1,16120.940.106TDC - DE - SURFACE CA $95,53720.940.109TDC - INTERMEDIATE C $162,046

$258,744Total TDC:Total Cumulative Well Costs: $43,613 $1,362,533

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Page 59: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/21/2015

Well Name: UNIVERSITY 40-16 1

Report No: 17

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

Surface Location: 1980 FNL, 1757 FWL - WARD, TX

2nd Bone Spring Carbonate

$53,272$1,415,805

Formation:

Daily Costs:This AFE DHC to Date:

API Code: 4247536999

9390Start Depth(ft):

6/9/2015Spud Date:

24 Hr. Footage:

RKB to MSL: 2510091Ending Depth(ft):

$3,180,125AFE DHC:MICHAEL MCCARTRig Supervisor 1: 940-366-6615

832-314-9929

RKB to CHF:$3,400,564

$4,746Total w/ Assoc AFEs :

Daily Mud Costs:

PBE1510032AFE #:

13Days from Spud:Field Name: Wellcore

701RKB to LMF:

RKB to THF:

06 - Trips

$1,415,805This AFE CWC to Date:

Cum Mud Costs: $101,736Rig Company:

2527.5

Rpt T. Activity:

Precision Drilling 26.5

17Report No:$6,116,398AFE Total:

Rig Supervisor 2:

STRIP OUT OF HOLE FOR BHA#7Operation Desc:

24-Hour Summary/Remarks: ROT DRILL 8 3/4” INTERM2 HOLE F/ 9,245' - T/ 9,390' ( 145' @ 24 FPH ), CIRCULATE WITH #2 PUMP @ 30 SPM RECIPRICATING PIPE @ 50 FPM, WHILE REPAIRING #1 PUMP LINER & PISTON, SWITCH PUMPS AND REPAIR #2 PUMP SWAB., ROT DRILL 8 3/4” INTERM2 HOLE F/ 9,390' - T/ 10,091' ( 701' @ 33 FPH ) CIRCULATE B/U AND TRANSFER KMW, STRIP OUT OF HOLE FOR NEW BIT.Next Day Operations: STRIP OUT OF HOLE, PUMP KMW, TRIP OUT OF HOLE T/ BHA, L/D BHA, P/U & M/U BHA, TRIP IN HOLE, DRILL F/ 10,091'=========================================================================RIG RELEASED FROM UNIVERSITY 21-17 #1R @ 06:00 HRS. ON 6-4-2015.SPUD: 06/09/2015 @ 00:00 HRS.TOTAL RIG MOVE HRS.: 106 / DAYS: 4.42TOTAL HRS. FROM SPUD: 280TOTAL DAYS TO TD: -----TOTAL DAYS TO RELEASE: -----DOWNTIME HRS.: 1 TODAY / 2 TOTAL, PERCENTAGE OF DOWNTIME / NPT: 0.71%=========================================================================LAST 5" D/P INSPECTION WAS ON THE UNIVERSITY 24-17 #1H, ON 12/20/2014. CAT-4 INSPECTION - CSILAST 4'' D/P INSPECTION WAS ON THE SPECTRE ST. 54-4 #1H ST1, ON 3/8/2015. CAT-4 INSPECTION - CSILAST BHA INSPECTION WAS ON THE UNIVERSITY 21-17 #1R, ON 6/4/2015.CSI.=========================================================================SAFETY MTG: JSA'S & SAFETY MEETINGS OVER , DRILLING, GENERAL HOUSEKEEPING, P/U D.P FROM PIPE CAT. T.O.O.H / MAKING CONNECTIONDAYS SINCE LAST LTA: 358ORI'S TODAY: 0CREW SHORTAGES: NONE.// DOUBLES: 0=========================================================================FLUID LOST TO WELL: 0 BBLS TODAY / 320 TOTAL BBLS, **NO LEAKS OR SPILLS REPORTED OR OBSERVED**=========================================================================

BHA #5 : 8 3/4" HUGHES 8 3/4" VGD-38CHDX TRI CONE. // HALLIBURTON BLACK BOX SHORT // NEW BAKER6 3/4" 7/8 3.3 STAGE FIXED 1.5 BEND RPG: .11 MAX DIFF: 525 GPM: 300-600 MAX TORQUE: 9,400 // 8 1/4" NM IBS // 6 3/4" NMDC // 6 3/4" HANG-OFF SUB // 6 3/4" NMDC // 8 1/4" IBS // NEW 6 3/4" SHOCK SUB // X-O SUB 4 1/2 IF x 4 1/2 XH // 12 - 6 1/2" DRILL COLLARS // HALLIBURTON BLACK BOX // X-O SUB 4 1/2 XH x 4 1/2 IF // 9 - HWDPDAILY DRLG HRS = 23.5, DAILY TOTAL FOOTAGE: 465, DAILY R.O.P: 20 FPH, TOTAL DRLG HRS: 24.5, TOTAL DAILY FOOTAGE: 492, TOTAL RUN R.O.P: 20 ( PULLED FOR BHA CHANGE)

BHA #6 : 8 3/4" HUGHES 8 3/4" T508X PDC. // HALLIBURTON BLACK BOX SHORT // NEW BAKER6 3/4" 7/8 3.3 STAGE FIXED 1.5 BEND RPG: .11 MAX DIFF: 525 GPM: 300-600 MAX TORQUE: 9,400 // 8 1/4" NM IBS // 6 3/4" NMDC // 6 3/4" HANG-OFF SUB // 6 3/4" NMDC // 8 1/4" IBS // NEW 6 3/4" SHOCK SUB // X-O SUB 4 1/2 IF x 4 1/2 XH // 12 - 6 1/2" DRILL COLLARS // HALLIBURTON BLACK BOX // X-O SUB 4 1/2 XH x 4 1/2 IF // 9 - HWDPDAILY DRLG HRS =22, DAILY TOTAL FOOTAGE: 701, DAILY R.O.P: 32 FPH, TOTAL DRLG HRS: 28,TOTAL DAILY FOOTAGE: 891, TOTAL RUN R.O.P: 32 ( PULLED FOR )

=========================================================================20'' CONDUCTOR CSG SET @ 130'13 3/8" SURFACE CSG SET @ 1,440'

9 5/8'' INT. CSG SET @ 4,907'WEATHERFORD FLOAT @ 4,907.62'1 JOINT 9 5/8" 40# N-80 BTC CASINGWEATHERFORD FLOAT @ 4,858.56'106 JOINTS 9 5/8" 40# N-80 BTC CASING1 LANDING JOINT1- CENTRALIZER ON FIRST JOINT 1 CENTRALIZER EVERY 3RD JOINT AFTERTOTAL CENTRALIZERS- 36

7" INT. CSG SET @ XX,XXX'4.5'' PRO. CASING LINER @ XX,XXX'PROPOSED TD: 12,500'=========================================================================LAST SURVEY:

10087TVD:

40 / / Sec/Twn/Rng:$3,400,564Total Project Costs:

Rig Name: Precision 594Develop To: 0

JAMES WALKER 318-780-1745Tool Pusher:

Abstract: U39Location Survey: UL

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Page 60: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/21/2015

Well Name: UNIVERSITY 40-16 1

Report No: 17

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

DEPTH: 9,756'INC: 0.96AZM: 282.21TVD: 9,752.24'VS: -113.49N/S: -113.49E/W: -31.91DLS:0.20113 SOUTH & 32 WEST =========================================================================TRRC:NOTIFY TRRC OF INTENT TO SPUD AND SURFACE CASING @ 15:00 HRS 6-8-2015 JOB # 8028NOTIFIED TRRC OF INTENT TO RUN 9 5/8" CASING AND CEMENT @ 06:00 HRS 6-13-2015

BOP Test and Inspection Dates

Last BOP Drill Date:106/11/2015Last BOP Test:

BOP Test Due:Last Inspection:Days Since BOP Tested:

Surveys

Survey No. Inclination Azimuth TVD Vert Sect N/S(+/-) E/W(+/-) DLSSurvey Date Tie In Meas. Depth Des Azi23 8859 2.41 221.41 8855.38 -109.61 -109.61 -21.71 0.136/19/2015 0.0024 9308 0.31 353.17 9304.26 -115.49 -115.49 -28.09 0.596/21/2015 0.0025 9756 0.96 282.21 9752.23 -113.49 -113.49 -31.91 0.206/21/2015 0.00

Date Run Size Weight GradeCasing Top Shoe TestDrift TDHole SizeSet DepthCasing

Type6/8/2015 54.50 J-5527.50 10.0012.615 1440.0017.50013.3751440.18 Surface

Stage

ReciprocateRotate

Bump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

1 0 600 086 CirculatedSpacer, 20, 0, FRESH WATER, , 0, 0No.1Tail, 0, 1315, 4% GEL + 1/4#/SK CELLO FLAKE + 5% SALT + .004 GPS CF-41L, Class C, 1.79, 13.5No.2Displacement, 216, 0, FRESH WATER, , 0, 0No.36/13/2015 40.00 HCNL-8026.50 9.700.000 4910.0012.2509.6254907.62 Intermediate

Stage

ReciprocateRotate

Bump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

1 0 599 4000 CalculatedSpacer, 20, 0, 20 BBL FRESH WATER SPACER, , 0, 0No.1Lead, 0, 945, 1% SMS + 1/4#/SK CELLO FLAKE + 5% SALT, Class C, 2.52, 12No.2Tail, 0, 150, 1/10% C-20, Class C, 1.33, 14.8No.3Spacer, 10, 0, 10 BBL FRESH WATER SPACER, , 0, 0No.4Displacement, 356, 0, 356 BBL BRINE WATER, , 0, 0No.5

Time Wind Dir Wind Knots Sky Conditions Temp RemarksWeather

Mud Properties

9.50 229 1 1/1/1 100.0 100.0 0

10.70 1.50 4.00 1.60 0110000 03.00 00.00

21:009522

0.0

0.0 0

FL FC

pH

HTFLTime

CaCl2Lime Mud LostEDTA

Wt In PVVis YP Gels

Pm Pf Mf CaCl

Depth

LCM

MBT ES

0.0

9.50 0.0%11.0% 1.0%88.0%

0.00 1/991600

SandSolid OilWater

ECD

Wt Out

Pom O/W RatioTotal Sal.

95FL Temp

0.00HTFC

0Water Lost

FINISHED TIH UNDER A STABLE WELL BORE TO BOTTOM. DRILLED 615' FROM 9245' TO 9860' WITH A 9.5PPG CUT BRINE PUMPING HIGH VIS(60) SALT GEL SWEEPS EVERY 200' OR APCO. CURRENTLY DRILLING AHEAD AT 24FT/HR AND TOTAL GAS OF 371ML

Remarks

Hours Summary ( Daily / Cumulative )22.50Drilling 22.50Rotating 0.00Trips 0.50Circulating 1.00Down 0.00Other158 158 66 18 2 166

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Page 61: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/21/2015

Well Name: UNIVERSITY 40-16 1

Report No: 17

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

CodeOperations

Start Hrs Remarks RunEnd DepthStart Depth

026:00 1.00 ROT DRILL 8 3/4” INTERM2 HOLE F/ 9,245' - T/ 9,390' ( 145' @ 24 FPH ) WOB- 35K, SPM- 130, GPM- 546, SPP- 2700/2800, RPM- 50, MM RPM- 60, TOTAL RPM- 120, DIFF PSI- 150/350, TORQ- 9,000/12,500, MW- 9.4 IN & OUT, CONTROLLED DRILLING ON x1 CHOKE @ 80%, 6' FLARE ON B/U CONNECTION, NO MUD CUT, SHUTTING IN WELL ON CONNECTIONS W/ 275 PSI SICP.

**PUMPING 30 BBLS HI VIS (90 VIS)SWEEPS EVERY 200'**.

BACKGROUND GAS: 171CONNECTION GAS: 280 @ 9288TRIP GAS: 1130 @ 9256MAX GAS: 1130 @ 9256SHOWS: LAST SAMPLE:932075% LS:BRNSH GRY-TN & LT GRY, V/FN XLN, SBFLKY-SUBBLKY, HRD-FRM & TR FRI, DNS IP, MOD ARG, TR V/FN IMBD QTZ , TR V/FN PYRITIC INCLUS, NO FLUOR W/ FAIR-GOOD CUT 5% CHERT:CLR-FRSTD, SMTH- GRNY TXT, HRD, BLKY-SUBBLKY, MICROFN- V/FN GRN, RNDD- SUBRND, V/W SRTD, NO FLOR 20% SH:GRY-V/DRK BLK & SME GRY, HRD- BRTL, V/FN TO FN IMBDD CALCT & QURTZ, SBBLKY-BLKY, MED-SMTH TXT, MOD CALC, TR DULL ORG FLOR W/ GOOD BLUE MILKY CUT

694289390

087:00 1.00 CIRCULATE WITH #2 PUMP @ 30 SPM RECIPRICATING PIPE @ 50 FPM, WHILE REPAIRING #1 PUMP LINER & PISTON, SWITCH PUMPS AND REPAIR #2 PUMP SWAB.

694289428

028:00 21.00 ROT DRILL 8 3/4” INTERM2 HOLE F/ 9,390' - T/ 10,091' ( 701' @ 33 FPH ) WOB- 42K, SPM- 140, GPM- 588, SPP- 3000/3100, RPM- 50/80, MM RPM- 65, TOTAL RPM- 146, DIFF PSI- 150/350, TORQ- 9,000/16,500, MW- 9.4 IN & OUT, CONTROLLED DRILLING ON x1 CHOKE @ 80%, 6' FLARE ON B/U CONNECTION, NO MUD CUT, SHUTTING IN WELL ON CONNECTIONS W/ 275 PSI SICP.

**PUMPING 30 BBLS HI VIS (90 VIS)SWEEPS EVERY 200'**.

BACKGROUND GAS: 274CONNECTION GAS: 1570 @ 10011TRIP GAS: MAX GAS: 3520 @ 9972SHOWS: LAST SAMPLE:100705% SLT:LT GRY-LT BRN & BRNSH GRY, HD-FRI IP, W CONS, CMNTD, CMNT ARGL & CALC, V/FN GRN, SUBRND- RNDD, MICROFN-VFN IMBDD PYRT, TR DULL ORG FLUOR W/FAIR-GOOD BLUE MLKY CUT10% SS:V/LT GRY- SME CLR & TR OFF WHT, V/FN-OCC FN GRN, W CONS, V/W SRTD, SBRNDD- SBANGL, V/FN IMBD CAL, CALC TO ARG CMT, TR BRYL-GRN FLOR W/ GOOD BLUE RING CUT5% LS:TAN-BRNSH GRY-LT GRY, SBBLKY-SME SBFLKY, SME DNS , V/FN-FN XLN, MOD- OCC VRY ARG, HRD- FRM OCC FRI, TR V/FN IMBD QTZ , TR V/FN PYRITIC INCLUS, NO FLUOR W/ GOOD CUT10% CHERT:FRSTD-CLR, SMTH- TXT, RNDD- SUBRND, VRY HRD, BLKY-SUBBLKY, MICROFN- V/FN GRN, V/W SRTD, NO FLOR 70% SH:VDRK GRY-BLK & SME GRY, MED-SME SMTH TXT, HRD-FRM, VFN GRTY, TR V/FN IMBDD CALCT & MICROFN IMBDD PYRT , SBBLKY- BLKY, TR DULL ORG FLOR W/ GOOD BLUE MILKY CUT

6100919428

055:00 0.50 CIRCULATE B/U AND TRANSFER KMW TO SLUG TANK, PUMP 30 BBLS OF 12.1 PPG KMW SLUG S.I.W AND BLEED BACK 15 BBLS S.I.W W/ 350 PSI SICP.

61009110091

025:30 0.50 STRIP OUT OF HOLE FORCE FILLING @ CALC DISP. FOR NEW BHA, F/10,094 - T/ 8,500' 6100911009124.00Total:

Drilling Data

ROP:265000255000Hook Load:

2500Pres on Bot: Press Off Bot:31.16Slack Off: 15000Over Pull:

Kickoff Depth: 0240000

2150Pick Up:

Crew Status: ON Remarks: NONE8042WOB: Motor RPM: 13000Torque:64Rotary RPM:

0.00BHA Hours:

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Page 62: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/21/2015

Well Name: UNIVERSITY 40-16 1

Report No: 17

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

Daily Bits

8753 9245 492 20.1 50492 24.505Jets 18 / 18 / 18 / 0 / 0 / 0 / 0 / 0

401 / 1 / NO / NO / 3 / 0 / 1 / BHAChar (I/O/D/O/L/B/G/R)

FtgBit In Out ROP WOBTot Ftg Hrs RPM

TFA 0.756/17/2015

Date In5

BHATH21529Serial No.

5600Torq

24.50Tot Hrs

55MRPM

8.75Size

Date Out 6/20/2015Baker VGD-38CHManufac. Type

Ftg MRPMHrs GPMMotor Size Brand TypeMud Motors

Cum Ftg Cum Hrs4 6.75 BAKER 7/8 2.5 1.5 FIXED .11 RPG 492 25.5 55502492 25.5

9245 10091 846 29.7 30846 28.506Jets 14 / 14 / 14 / 14 / 14 / 14 / 12 / 12

504 / 1 / CR / CR / N / E / 1 / PRChar (I/O/D/O/L/B/G/R)

FtgBit In Out ROP WOBTot Ftg Hrs RPM

TFA 1.126/20/2015

Date In6

BHA7155163Serial No.

7900Torq

28.50Tot Hrs

55MRPM

8.75Size

Date Out 6/22/2015Baker t508XManufac. Type

Ftg MRPMHrs GPMMotor Size Brand TypeMud Motors

Cum Ftg Cum Hrs5 6.75 BAKER 6 1/2 7/8 2.5 ADJ @ 1.5 SS 145 7 55502145 7.0

Tot LengthComponent Qty Length OD Avg ID Avg RemarksDrilling Assembly

Bit - PDC - Fixed Cutter 1 1.00 8.750 0.000 1.00HUGHES 8 3/4" T508x JETS: 6 X 14 2 x 12, TFA: 1.12Other 1 1.02 6.500 2.000 2.02 HALLIBURTON BLACK BOX S/N: 019Motor - steerable 1 31.63 6.750 0.000 33.656 3/4" BAKER 6 1/2 7/8 2.5 ADJ @ 1.5 SS RPG: .11 // GPM: 300-600 // MAX DIFF: 525 // MAX TORQUE: 11,000Stab - Undergauge 1 6.16 6.785 2.750 39.81 8 1/4" NM IBS S/N: AWNS-4512Monel 1 30.75 6.625 3.785 70.56 NMDC S/N: AWS67530-3502Sub - Orienting 1 6.04 6.785 3.250 76.60 HALLIBURTON HANG OFF SUB S/N: 12414389Monel 1 31.07 6.500 3.250 107.67 NMDC S/N: AWS675-30-4859Stab - Undergauge 1 5.10 6.750 2.500 112.77 8 1/4" IBS S/N: AWSS-4869Sub - Shock 1 11.56 6.500 2.500 124.33 6 3/4" SHOCK SUB S/N: 900499Sub - XO 1 2.33 6.785 2.785 126.66 X-O SUB 4 1/2 IF x 4 1/2 XH S/N: AWST-3384Drill collar 12 365.79 6.500 2.875 492.45 PRECISION DRILL COLLARSOther 1 4.62 6.750 2.500 497.07 HALLIBURTON BLACK BOX S/N: 613210-3Sub - XO 1 3.39 6.875 2.750 500.46 X-O SUB 4 1/2 XH x 4 1/2 IF S/N: 5120HWDP 9 278.04 5.000 3.000 778.50 PRECISION 5" HWDP

Pump No Model Liner Size Stroke Max PSI Max SPM SPM GPM Press. Slow Pump Rates/Pres.Mud Pumps

FD-1600 6 12 4450 1151 293 310070 30/205 40/28320/146FD-1600 6 12 4450 1152 293 310070 30/205 40/28420/150

Item Received Used LostBeg Inv Transfrd End InvUnitsInventory

Barite (Bulk) 0 0 0 12-10 22tonsCaustic Soda 0 0 0 4747 0Sks

Diesel 1297 0 0 113005594 7003galsalt gel 70 0 0 -2050 0sks

Xanthum Gum 8 0 0 5361 0sks

Company Qty. HoursService Company Qty. HoursServicePersonnel Data

ANCHOR DRILLING FL 1 24.00MUD ENGINEER Diversified Well Logging 2 24.00Mud LoggersNew Prospect Company 1 24.00CO MAN Precision Drilling 11 132.00Rig Crews

204.00Totals 15.00

PersonnelFirst AidType Date Activity Company Name

Health Safety and Environment

Lost Time

Med Visit

Drilling 6/20/2015 PRECISION / PREMIER / ENERGENALL PERSONAL ON-SITEJSA'S & SAFETY MEETINGS OVER , DRILLING, GENERAL HOUSEKEEPING, P/U D.P FROM PIPE CAT. REPAIRING MUD PUMP.

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Page 63: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/21/2015

Well Name: UNIVERSITY 40-16 1

Report No: 17

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

Daily Cost DetailsCode Remarks Daily Exp Cum ExpIDC Vendor

20.950.030IDC - ROAD & SITE CON $175,00020.950.070IDC - INSURANCE & BO $10,00020.950.080IDC - PERMITS SURVEY $45,00020.950.101IDC - DRILL - BIT $52,55420.950.102IDC - DRILL - CEMENT & $56,47420.950.103IDC - DRILL - CONTRAC $23,500 $394,500RIG & CREWSPRECISION DRILLING20.950.105IDC - DRILL - EQUIPMEN $281 $16,391DAILY RENTAL ON RAMS.ThOMAS TOOLS20.950.105IDC - DRILL - EQUIPMEN $50 $16,391DAILY H2S MINIMAL PACKAGSaFETY SOLUTIONS20.950.105IDC - DRILL - EQUIPMEN $340 $16,391DUAL CHOKES & IGNITOR.IRONHORSE20.950.105IDC - DRILL - EQUIPMEN $191 $16,391FORK LIFT & MAN LIFT RENTPRECISION/ NEFF20.950.105IDC - DRILL - EQUIPMEN $540 $16,391DAILY RENTAL ON RCD ROTHalliburton20.950.106IDC - DRILL - FUEL $14,414 $58,1697003 GALLONS RIG FUEL.Blue Streak Transportati20.950.107IDC - DRILL - EQUIPMEN $3,68020.950.109IDC - DRILL - DIRECTIO $5,725 $93,755DAILY DIRECTIONAL COSTSPREMIER DIRECTIONA20.950.111IDC - DRILL - MOBDEMO $75,00020.950.114IDC - DRILL - SURFACE $500 $34,362300 BBL. PRE-MIX & TRANSFPORTABLE MUD SYS.20.950.114IDC - DRILL - SURFACE $186 $34,362COMMUNICATIONS PACKAGRIG NET/ LANDTEL20.950.114IDC - DRILL - SURFACE $650 $34,362HOUSING PACKAGETAN MAR20.950.114IDC - DRILL - SURFACE $60 $34,3622 X FRAC TANKSLEOS TRUCKING20.950.114IDC - DRILL - SURFACE $90 $34,3622 X LIGHT TOWERS & TRASHK.C. SERVICES20.950.117IDC - DRILL - SPECIAL S $26,44120.950.118IDC - DRILL - DRILLING $2,000 $14,000WELLSITE SUPERVISORROWDY CONSULTING

$48,527 $1,157,061Total IDC:Code Remarks Daily Exp Cum ExpTDC Vendor

20.940.103TDC - DE - OTHER EQUI $1,16120.940.106TDC - DE - SURFACE CA $95,53720.940.109TDC - INTERMEDIATE C $162,046

$258,744Total TDC:Total Cumulative Well Costs: $48,527 $1,415,805

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Page 64: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/22/2015

Well Name: UNIVERSITY 40-16 1

Report No: 18

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

Surface Location: 1980 FNL, 1757 FWL - WARD, TX

3rd Bone Spring Carbonate

$87,072$1,502,877

Formation:

Daily Costs:This AFE DHC to Date:

API Code: 4247536999

10091Start Depth(ft):

6/9/2015Spud Date:

24 Hr. Footage:

RKB to MSL: 2510440Ending Depth(ft):

$3,180,125AFE DHC:BENJAMIN DUCOTRig Supervisor 1: 318-509-9166

( ) -

RKB to CHF:$3,400,564

$15,609Total w/ Assoc AFEs :

Daily Mud Costs:

PBE1510032AFE #:

14Days from Spud:Field Name: Wellcore

349RKB to LMF:

RKB to THF:

02 - Drilling

$1,502,877This AFE CWC to Date:

Cum Mud Costs: $117,344Rig Company:

2527.5

Rpt T. Activity:

Precision Drilling 26.5

18Report No:$6,116,398AFE Total:

Rig Supervisor 2:

DRILLING AHEAD @ 10,440'.Operation Desc:

24-Hour Summary/Remarks: STRIP OUT OF HOLE, LINE UP ON BACKSIDE & BULLHEAD, T.O.O.H FOR BHA, L/D BHA #6, P/U & M/U BHA #7, T.I.H W/ BHA #7. DRILL AHEAD TO .TOTAL 24 HR. FOOTAGE: 349'.AVERAGE ROP: 36.7.Next Day Operations: CONTINUE TO DRILL AHEAD TO LOGGING/ CASING POINT OF 11,250'.=========================================================================RIG RELEASED FROM UNIVERSITY 21-17 #1R @ 06:00 HRS. ON 6-4-2015.SPUD: 06/09/2015 @ 00:00 HRS.TOTAL RIG MOVE HRS.: 106 / DAYS: 4.42TOTAL HRS. FROM SPUD: 280TOTAL DAYS TO TD: -----TOTAL DAYS TO RELEASE: -----DOWNTIME HRS.: 0 TODAY / 2 TOTAL, PERCENTAGE OF DOWNTIME / NPT: 0.67%=========================================================================LAST 5" D/P INSPECTION WAS ON THE UNIVERSITY 24-17 #1H, ON 12/20/2014. CAT-4 INSPECTION - CSILAST 4'' D/P INSPECTION WAS ON THE SPECTRE ST. 54-4 #1H ST1, ON 3/8/2015. CAT-4 INSPECTION - CSILAST BHA INSPECTION WAS ON THE UNIVERSITY 21-17 #1R, ON 6/4/2015.CSI.=========================================================================SAFETY MTG: JSA'S & SAFETY MEETINGS OVER , DRILLING, GENERAL HOUSEKEEPING, P/U D.P FROM PIPE CAT. T.O.O.H / MAKING CONNECTIONDAYS SINCE LAST LTA: 359ORI'S TODAY: 0CREW SHORTAGES: NONE.// DOUBLES: 0=========================================================================FLUID LOST TO WELL: 0 BBLS TODAY / 320 TOTAL BBLS, **NO LEAKS OR SPILLS REPORTED OR OBSERVED**=========================================================================BHA #6 : 8 3/4" HUGHES 8 3/4" T508X PDC. // HALLIBURTON BLACK BOX SHORT // NEW BAKER6 3/4" 7/8 3.3 STAGE FIXED 1.5 BEND RPG: .11 MAX DIFF: 525 GPM: 300-600 MAX TORQUE: 9,400 // 8 1/4" NM IBS // 6 3/4" NMDC // 6 3/4" HANG-OFF SUB // 6 3/4" NMDC // 8 1/4" IBS // NEW 6 3/4" SHOCK SUB // X-O SUB 4 1/2 IF x 4 1/2 XH // 12 - 6 1/2" DRILL COLLARS // HALLIBURTON BLACK BOX // X-O SUB 4 1/2 XH x 4 1/2 IF // 9 - HWDPDAILY DRLG HRS. =22, DAILY TOTAL FOOTAGE: 701, DAILY R.O.P: 32 FPH, TOTAL DRLG HRS.: 28,TOTAL DAILY FOOTAGE: 891, TOTAL RUN R.O.P: 32 ( PULLED FOR LOW ROP)

BHA #7: HUGHES 8 3/4" DP607X PDC // HALLIBURTON BLACK BOX SHORT // NEW GYRODATA 6 3/4" 7/8 3.3 STAGE FIXED 1.5 BEND RPG: .14 MAX DIFF: 525 GPM: 300-600 MAX TORQUE: 9,400 // 8 1/4" NM IBS // 6 3/4" NMDC // 6 3/4" HANG-OFF SUB // 6 3/4" NMDC // 8 1/4" IBS // NEW 6 3/4" SHOCK SUB // X-O SUB 4 1/2 IF x 4 1/2 XDAILY DRLG HRS.: 9.5, DAILY TOTAL FOOTAGE: 349', DAILY R.O.P: 36.7 FPH, TOTAL DRLG HRS.: 9.5,TOTAL FOOTAGE: 349', TOTAL RUN R.O.P: 36.7 ( PULLED FOR )=========================================================================20'' CONDUCTOR CSG SET @ 130'13 3/8" SURFACE CSG SET @ 1,440'9 5/8'' INT. CSG SET @ 4,907'7" INT. CSG SET @ XX,XXX'4.5'' PRO. CASING LINER @ XX,XXX'PROPOSED TD: 12,500'=========================================================================LAST SURVEY:MD: 10203' INC: 2.67° AZI: 161.12° TVD: 10199.09 VSEC: -122.55 DLS: 0.73° TEMP : 141° F =========================================================================TRRC:NOTIFY TRRC OF INTENT TO SPUD AND SET SURFACE CASING @ 15:00 HRS. 6-8-2015 JOB # 8028.NOTIFY TRRC OF INTENT TO RUN 9 5/8" CASING AND CEMENT @ 06:00 HRS. 6-13-2015.Weather Summary: NONE.

10436TVD:

40 / / Sec/Twn/Rng:$3,400,564Total Project Costs:

Rig Name: Precision 594Develop To: 0

JAMES WALKER 318-780-1745Tool Pusher:

Abstract: U39Location Survey: UL

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Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs6/22/2015 18 10440 02 - Drilling 9.5 $87,072 $6,116,398$1,502,877

Page 65: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/22/2015

Well Name: UNIVERSITY 40-16 1

Report No: 18

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

BOP Test and Inspection Dates

Last BOP Drill Date:116/11/2015Last BOP Test:

BOP Test Due:6/21/2015Last Inspection:Days Since BOP Tested:

Surveys

Survey No. Inclination Azimuth TVD Vert Sect N/S(+/-) E/W(+/-) DLSSurvey Date Tie In Meas. Depth Des Azi24 9308 0.31 353.17 9304.26 -115.49 -115.49 -28.09 0.596/21/2015 0.0025 9756 0.96 282.21 9752.23 -113.49 -113.49 -31.91 0.206/21/2015 0.0026 10203 2.67 161.12 10199.00 -122.55 -122.55 -32.20 0.736/22/2015 0.00

Date Run Size Weight GradeCasing Top Shoe TestDrift TDHole SizeSet DepthCasing

Type6/8/2015 54.50 J-5527.50 10.0012.615 1440.0017.50013.3751440.18 Surface

Stage

ReciprocateRotate

Bump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

1 0 600 086 CirculatedSpacer, 20, 0, FRESH WATER, , 0, 0No.1Tail, 0, 1315, 4% GEL + 1/4#/SK CELLO FLAKE + 5% SALT + .004 GPS CF-41L, Class C, 1.79, 13.5No.2Displacement, 216, 0, FRESH WATER, , 0, 0No.36/13/2015 40.00 HCNL-8026.50 9.700.000 4910.0012.2509.6254907.62 Intermediate

Stage

ReciprocateRotate

Bump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

1 0 599 4000 CalculatedSpacer, 20, 0, 20 BBL FRESH WATER SPACER, , 0, 0No.1Lead, 0, 945, 1% SMS + 1/4#/SK CELLO FLAKE + 5% SALT, Class C, 2.52, 12No.2Tail, 0, 150, 1/10% C-20, Class C, 1.33, 14.8No.3Spacer, 10, 0, 10 BBL FRESH WATER SPACER, , 0, 0No.4Displacement, 356, 0, 356 BBL BRINE WATER, , 0, 0No.5

Time Wind Dir Wind Knots Sky Conditions Temp RemarksWeather

6:00 E 9.00 Clear 71 NONE.

Mud Properties

9.50 229 1 1/1/1 100.0 100.0 0

1030.001.00 0.20 120.00 0110000 00.21 00.00

21:0010094

0.0

0.0 0

FL FC

pH

HTFLTime

CaCl2Lime Mud LostEDTA

Wt In PVVis YP Gels

Pm Pf Mf CaCl

Depth

LCM

MBT ES

0.0

9.50 0.0%11.0% 1.0%88.0%

0.00 1/991600

SandSolid OilWater

ECD

Wt Out

Pom O/W RatioTotal Sal.

95FL Temp

0.00HTFC

0Water Lost

DRILLED 234' FROM 9860' TO 10094' WITH 9.5PPG CUT BRINE PUMPING HIGH VIS SALT GEL SWEEPS EVERY 200' OR APCO. PUMPED 200BBLS OF 13.0PPG KILL MUD TO KILL WELL FLOW CHECK NO FLOW AND POOH UNDER A STABLE WELL BORE FOR A NEW BIT. M/U BHA AND ARE CURRENLY TIH AT 9767' WITH NO PROBLEMS. COST REFLECTS BARITE USED IN PUMPING 200BBLS OF KILL MUD

Remarks

Hours Summary ( Daily / Cumulative )9.50Drilling 9.50Rotating 13.00Trips 1.00Circulating 0.00Down 0.50Other168 168 79 19 2 166

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Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs6/22/2015 18 10440 02 - Drilling 9.5 $87,072 $6,116,398$1,502,877

Page 66: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/22/2015

Well Name: UNIVERSITY 40-16 1

Report No: 18

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

CodeOperations

Start Hrs Remarks RunEnd DepthStart Depth

066:00 2.00 STRIP OUT OF HOLE FORCE FILLING @ CALC DISP. FOR NEW BHA, F/8,500’ - T/ 3,000' 61009110091058:00 1.00 LINE UP ON BACKSIDE & BULLHEAD 110 BBLS OF 12.5 PPG KMW @ 50 SPM, 488 GPM,

ICP: 475 PSI, FCP: 0, OPEN WELL TO T/T & FLOW CHECK WELL STATIC.61009110091

069:00 2.50 T.O.O.H FOR BHA F/ 3,000' - T/ 2,000' MONITORING DISP TO / FROM T/T HOLE TAKING CORRECT DISPLACEMENT T/ 1,500' HOLE STARTED OVER DISPLACING CONTINUE OUT OF HOLE @ CALC. DISP, PULL ROTATING HEAD @ 2,000' AND CONTINUE T.O.O.H TO BHA @ 150' @ CALC. DISP.

61009110091

0611:30 1.50 L/D BHA #6 HUGHES 8 3/4" T508X PDC. // HALLIBURTON BLACK BOX SHORT // NEW BAKER6 3/4" 7/8 3.3 STAGE FIXED 1.5 BEND RPG: .11 MAX DIFF: 525 GPM: 300-600 MAX TORQUE: 9,400 // 8 1/4" NM IBS // 6 3/4" NMDC // 6 3/4" HANG-OFF SUB // 6 3/4" NMDC // 8 1/4" IBS // NEW 6 3/4" SHOCK SUB

61009110091

0613:00 1.50 P/U & M/U BHA #7 HUGHES 8 3/4" DP607X PDC. // HALLIBURTON BLACK BOX SHORT // NEW GYRODATA 6 3/4" 7/8 3.3 STAGE FIXED 1.5 BEND RPG: .14 MAX DIFF: 525 GPM: 300-600 MAX TORQUE: 9,400 // 8 1/4" NM IBS // 6 3/4" NMDC // 6 3/4" HANG-OFF SUB // 6 3/4" NMDC // 8 1/4" IBS // NEW 6 3/4" SHOCK SUB // X-O SUB 4 1/2 IF x 4 1/2 XH SCRIBE ORIENT & INSTALL NEW MWD. TEST TOOLS @ 320 GPM OK.

71009110091

0614:30 5.50 T.I.H W/ BHA #7 F/ 120- T/ 10,091'. MONITORING DISP T/F T/T. PARTIAL DISP. FILL & TEST TOOLS EVERY 30 STANDS.

71009110091

0220:00 9.50 ROT DRILL 8 3/4” INTERM2 HOLE F- 10,091' TO 10,440'. ( 349' @ 36.7 FPH ) WOB- 20-38K, SPM- 130, GPM- 565, SPP- 2700-2850, RPM- 50/80, MM RPM- 79, TOTAL RPM- 130-160, DIFF PSI- 150/350, TORQ- 9,000/13,500, MW- 9.7+ IN & OUT, ** SLIDE F- 10,357' TO 10,388' FOR 2.5 HRS. DUE TO INC. GETTING TO A 3.1 DEG. ** DRILLING ON x1 CHOKE @ 85%, 2' FLARE ON B/U CONNECTION, NO MUD CUT, SHUTTING IN WELL ON CONNECTIONS W/ 375 PSI SICP. **PUMPING 30 BBLS HI VIS (90 VIS)SWEEPS EVERY 200'**.BACKGROUND GAS: 34 MAX GAS: 890 @ 10,309’ LAST SAMPLE: 10405’60% SS, 20% LS, 20% SH

71044010091

075:30 0.50 LUBRICATE RIG. 7104401044024.00Total:

Drilling Data

ROP:312000278000Hook Load:

2750Pres on Bot: Press Off Bot:36.74Slack Off: 34000Over Pull:

Kickoff Depth: 0244000

2550Pick Up:

Crew Status: ON Remarks: NONE5038WOB: Motor RPM: 8500Torque:76Rotary RPM:

9.50BHA Hours:

Page 3 of 5 7/22/2015Powered by Production Access

Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs6/22/2015 18 10440 02 - Drilling 9.5 $87,072 $6,116,398$1,502,877

Page 67: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/22/2015

Well Name: UNIVERSITY 40-16 1

Report No: 18

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

Daily Bits

9245 10091 846 29.7 30846 28.506Jets 14 / 14 / 14 / 14 / 14 / 14 / 12 / 12

504 / 1 / CR / CR / N / E / 1 / PRChar (I/O/D/O/L/B/G/R)

FtgBit In Out ROP WOBTot Ftg Hrs RPM

TFA 1.126/20/2015

Date In6

BHA7155163Serial No.

7900Torq

28.50Tot Hrs

55MRPM

8.75Size

Date Out 6/22/2015Baker t508XManufac. Type

Ftg MRPMHrs GPMMotor Size Brand TypeMud Motors

Cum Ftg Cum Hrs5 6.75 BAKER 6 1/2 7/8 2.5 ADJ @ 1.5 SS 145 7 55502145 7.0

Tot LengthComponent Qty Length OD Avg ID Avg RemarksDrilling Assembly

Bit - PDC - Fixed Cutter 1 1.00 8.750 0.000 1.00HUGHES 8 3/4" T508x JETS: 6 X 14 2 x 12, TFA: 1.12Other 1 1.02 6.500 2.000 2.02 HALLIBURTON BLACK BOX S/N: 019Motor - steerable 1 31.63 6.750 0.000 33.656 3/4" BAKER 6 1/2 7/8 2.5 ADJ @ 1.5 SS RPG: .11 // GPM: 300-600 // MAX DIFF: 525 // MAX TORQUE: 11,000Stab - Undergauge 1 6.16 6.785 2.750 39.81 8 1/4" NM IBS S/N: AWNS-4512Monel 1 30.75 6.625 3.785 70.56 NMDC S/N: AWS67530-3502Sub - Orienting 1 6.04 6.785 3.250 76.60 HALLIBURTON HANG OFF SUB S/N: 12414389Monel 1 31.07 6.500 3.250 107.67 NMDC S/N: AWS675-30-4859Stab - Undergauge 1 5.10 6.750 2.500 112.77 8 1/4" IBS S/N: AWSS-4869Sub - Shock 1 11.56 6.500 2.500 124.33 6 3/4" SHOCK SUB S/N: 900499Sub - XO 1 2.33 6.785 2.785 126.66 X-O SUB 4 1/2 IF x 4 1/2 XH S/N: AWST-3384Drill collar 12 365.79 6.500 2.875 492.45 PRECISION DRILL COLLARSOther 1 4.62 6.750 2.500 497.07 HALLIBURTON BLACK BOX S/N: 613210-3Sub - XO 1 3.39 6.875 2.750 500.46 X-O SUB 4 1/2 XH x 4 1/2 IF S/N: 5120HWDP 9 278.04 5.000 3.000 778.50 PRECISION 5" HWDP

10091 10488 397 33.1 38397 12.007Jets 14 / 14 / 14 / 14 / 14 / 14 / 14 / 0

505 / 2 / WT / BT / N / 0 / 1 / PRChar (I/O/D/O/L/B/G/R)

FtgBit In Out ROP WOBTot Ftg Hrs RPM

TFA 1.056/22/2015

Date In7

BHA7155455Serial No.

8900Torq

12.00Tot Hrs

80MRPM

8.75Size

Date Out 6/22/2015Baker DP607XManufac. Type

Ftg MRPMHrs GPMMotor Size Brand TypeMud Motors

Cum Ftg Cum Hrs7 6.75 GYRODATA 7/8 3.3 FXD 1.5 SS .14 RPG 349 9.5 76544349 9.5

Tot LengthComponent Qty Length OD Avg ID Avg RemarksDrilling Assembly

Bit - PDC - Fixed Cutter 1 1.00 8.750 0.000 1.00 HUGHES 8 3/4"DP607x JETS: 7 X 14 2 , TFA: 1.12Other 1 1.02 6.500 2.000 2.02 HALLIBURTON BLACK BOX S/N: 019Motor - steerable 1 30.33 6.750 0.000 32.356 3/4" GYRODATA 7/8 3.3 STAGE 1.5 FIXED BEND RPG: .14 // GPM: 300-600 // MAX DIFF: 525 // MAX TORQUE: 9,400Stab - Undergauge 1 6.16 6.785 2.750 38.51 8 1/4" NM IBS S/N: AWNS-4512Monel 1 30.75 6.625 3.785 69.26 NMDC S/N: AWS67530-3502Sub - Orienting 1 6.04 6.785 3.250 75.30 HALLIBURTON HANG OFF SUB S/N: 12414389Monel 1 31.07 6.500 3.250 106.37 NMDC S/N: AWS675-30-4859Stab - Undergauge 1 5.10 6.750 2.500 111.47 8 1/4" IBS S/N: AWSS-4869Sub - Shock 1 11.54 6.500 2.500 123.01 6 3/4" SHOCK SUB S/N: 900564Sub - XO 1 2.33 6.785 2.785 125.34 X-O SUB 4 1/2 IF x 4 1/2 XH S/N: AWST-3384Drill collar 12 365.79 6.500 2.875 491.13 PRECISION DRILL COLLARSOther 1 4.62 6.750 2.500 495.75 HALLIBURTON BLACK BOX S/N: 613210-3Sub - XO 1 3.39 6.875 2.750 499.14 X-O SUB 4 1/2 XH x 4 1/2 IF S/N: 5120HWDP 9 278.04 5.000 3.000 777.18 PRECISION 5" HWDP

10488 11250 762 50.8 31762 15.008Jets 15 / 15 / 15 / 15 / 15 / 15 / 15 / 0

501 / 1 / CT / NO / N / 0 / 1 / TDChar (I/O/D/O/L/B/G/R)

FtgBit In Out ROP WOBTot Ftg Hrs RPM

TFA 1.196/22/2015

Date In8

BHAA198484Serial No.

10100Torq

15.00Tot Hrs

81MRPM

8.75Size

Date Out 6/24/2015REED SKHI716Manufac. Type

Ftg MRPMHrs GPMMotor Size Brand TypeMud Motors

Cum Ftg Cum Hrs8 6.75 NOV 7/8 2.9 FXD 1.5 SS 0.17 RPG 277 6 78460277 6.0

Tot LengthComponent Qty Length OD Avg ID Avg RemarksDrilling Assembly

Bit - PDC - Fixed Cutter 1 1.00 8.750 0.000 1.00 NOV PDC 716 A198484Other 1 1.02 6.500 2.000 2.02 NOV BLACK BOX SHORT 01Motor - steerable 1 28.48 6.750 0.000 30.50 NOV FXD 1.5 67536186Stab - Undergauge 1 6.16 6.785 2.750 36.66 NMIBS AWNS-4512Monel 1 30.75 6.625 3.785 67.41 NMDC AWS67530-3502Sub - Orienting 1 6.04 6.785 3.250 73.45 HOS 12414389Monel 1 31.07 6.500 3.250 104.52 NMDC AWS675-30-4859Stab - Undergauge 1 5.10 6.750 2.500 109.62 SIBS AWSS-4869Sub - Shock 1 11.54 6.500 2.500 121.16 SHOCK 900499Sub - XO 1 2.33 6.785 2.785 123.49 X-O AWST-3384Drill collar 12 365.79 6.500 2.875 489.28 RIG DCOther 1 4.62 6.750 2.500 493.90 NOV BLACK BOX LONG 613210-3Sub - XO 1 3.39 6.875 2.750 497.29 X-O 5120HWDP 9 278.04 5.000 3.000 775.33 RIG HWDP

Page 4 of 5 7/22/2015Powered by Production Access

Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs6/22/2015 18 10440 02 - Drilling 9.5 $87,072 $6,116,398$1,502,877

Page 68: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/22/2015

Well Name: UNIVERSITY 40-16 1

Report No: 18

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

Pump No Model Liner Size Stroke Max PSI Max SPM SPM GPM Press. Slow Pump Rates/Pres.Mud Pumps

FD-1600 6 12 4450 1151 272 270065 30/345 40/47520/245FD-1600 6 12 4450 1152 272 270065 30/340 40/47520/240

Drilling Breaks and ShowsBGRD Gas: 35 Trip Gas: 890 Surv Gas: Conn Gas: Peak Gas: 890

Shale %: 20.0 Sand %: 60.0 Others %: 20.0 Shale Den: 2.2 D'Exp: -0.5Depth: 10412.0 Pore Press: 9.3 H2S: 0.0 Cir. Temp: 95.0Desc: 60% SS, 20% LS, 20% SH.

Item Received Used LostBeg Inv Transfrd End InvUnitsInventory

Barite (Bulk) 323 0 0 3912 350tonsCaustic Soda 0 0 0 4747 0Sks

Diesel 2275 0 0 902511300 0galsalt gel 30 0 0 -20-20 0sks

Xanthum Gum 2 0 0 5153 0sks

Company Qty. HoursService Company Qty. HoursServicePersonnel Data

ANCHOR DRILLING FL 1 24.00MUD ENGINEER Diversified Well Logging 2 24.00Mud LoggersHalliburton Services 2 24.00MWD DIRECTIONAL D New Prospect Company 1 24.00CO MANPrecision Drilling 11 132.00Rig Crews Premier Directional 1 12.00Directional

240.00Totals 18.00

PersonnelFirst AidType Date Activity Company Name

Health Safety and Environment

Lost Time

Med Visit

Drilling 6/21/2015 PRECISION / ENERGEN / PREMIER / HALLIBURTON ALLSAFETY MTG: JSA'S & SAFETY MEETINGS OVER , DRILLING, GENERAL HOUSEKEEPING, P/U D.P FROM PIPE CAT. T.O.O.H / MAKING CONNECTION.

Daily Cost DetailsCode Remarks Daily Exp Cum ExpIDC Vendor

20.950.030IDC - ROAD & SITE CON $175,00020.950.070IDC - INSURANCE & BO $10,00020.950.080IDC - PERMITS SURVEY $45,00020.950.101IDC - DRILL - BIT $9,500 $62,054BIT #7 DP607X.HUGHES CHRISTENSE20.950.102IDC - DRILL - CEMENT & $56,47420.950.103IDC - DRILL - CONTRAC $23,500 $418,000RIG & CREWSPRECISION DRILLING20.950.105IDC - DRILL - EQUIPMEN $540 $19,643DAILY RENTAL ON RCD ROTHalliburton20.950.105IDC - DRILL - EQUIPMEN $340 $19,643DUAL CHOKES & IGNITOR.IRONHORSE20.950.105IDC - DRILL - EQUIPMEN $281 $19,643DAILY RENTAL ON RAMS.THOMAS TOOLS20.950.105IDC - DRILL - EQUIPMEN $1,850 $19,643RENTAL EQUIPMENTWEIR20.950.105IDC - DRILL - EQUIPMEN $50 $19,643DAILY H2S MINIMAL PACKAGSAFETY SOLUTIONS20.950.105IDC - DRILL - EQUIPMEN $191 $19,643FORK LIFT & MAN LIFT RENTPRECISION/ NEFF20.950.106IDC - DRILL - FUEL $58,16920.950.107IDC - DRILL - EQUIPMEN $3,68020.950.109IDC - DRILL - DIRECTIO $7,725 $101,480DAILY DIRECTIONAL COSTSPREMIER DIRECTIONA20.950.111IDC - DRILL - MOBDEMO $75,00020.950.114IDC - DRILL - SURFACE $90 $35,8482 X LIGHT TOWERS & TRASHK.C. SERVICES20.950.114IDC - DRILL - SURFACE $60 $35,8482 X FRAC TANKSLEOS TRUCKING20.950.114IDC - DRILL - SURFACE $186 $35,848COMMUNICATIONS PACKAGRIG NET/ LANDTEL20.950.114IDC - DRILL - SURFACE $650 $35,848HOUSING PACKAGETAN MAR20.950.114IDC - DRILL - SURFACE $500 $35,848300 BBL. PRE-MIX & TRANSFPORTABLE MUD SYS.20.950.117IDC - DRILL - SPECIAL S $26,44120.950.118IDC - DRILL - DRILLING $2,000 $16,000WELLSITE SUPERVISORNEW PROSPECT CO.

$47,463 $1,225,133Total IDC:Code Remarks Daily Exp Cum ExpTDC Vendor

20.940.103TDC - DE - OTHER EQUI $1,16120.940.106TDC - DE - SURFACE CA $95,53720.940.109TDC - INTERMEDIATE C $162,04620.940.201TDC - SE - CASING/ WE $19,000 $19,00013 3/8'' WELL HEADWEIR

$19,000 $277,744Total TDC:Total Cumulative Well Costs: $66,463 $1,502,877

Page 5 of 5 7/22/2015Powered by Production Access

Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs6/22/2015 18 10440 02 - Drilling 9.5 $87,072 $6,116,398$1,502,877

Page 69: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/23/2015

Well Name: UNIVERSITY 40-16 1

Report No: 19

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

Surface Location: 1980 FNL, 1757 FWL - WARD, TX

3rd Bone Spring Carbonate

$121,823$1,624,700

Formation:

Daily Costs:This AFE DHC to Date:

API Code: 4247536999

10440Start Depth(ft):

6/9/2015Spud Date:

24 Hr. Footage:

RKB to MSL: 2510765Ending Depth(ft):

$3,180,125AFE DHC:BENJAMIN DUCOTRig Supervisor 1: 318-509-9166

( ) -

RKB to CHF:$3,400,564

$16,334Total w/ Assoc AFEs :

Daily Mud Costs:

PBE1510032AFE #:

15Days from Spud:Field Name: Wellcore

325RKB to LMF:

RKB to THF:

02 - Drilling

$1,624,700This AFE CWC to Date:

Cum Mud Costs: $133,678Rig Company:

2527.5

Rpt T. Activity:

Precision Drilling 26.5

19Report No:$6,116,398AFE Total:

Rig Supervisor 2:

DRILLING AHEAD @ 10,765'.Operation Desc:

24-Hour Summary/Remarks: DRILLED AHEAD TO 10,488'. ROP & DIFFERENTIAL DECREASED. ATTEMPTED TO ADJUST DRILLING PARAMETERS TO GET MORE ROP, FAILED. DECISION WAS MADE TO POOH FOR BIT/ MOTOR. POOH TO CHANGE BHA. PICK BHA #8- NEW BIT & MOTOR. RIH BACK TO BOTTOM. CONTINUE DRILLING AHEAD IN 8.75'' SECTION.

TOTAL 24 HR. FOOTAGE: 325'AVERAGE ROP: 38.2Next Day Operations: CONTINUE TO DRILL AHEAD TO LOGGING/ CASING POINT OF 11,250'.=========================================================================RIG RELEASED FROM UNIVERSITY 21-17 #1R @ 06:00 HRS. ON 6-4-2015.SPUD: 06/09/2015 @ 00:00 HRS.TOTAL RIG MOVE HRS.: 106 / DAYS: 4.42TOTAL HRS. FROM SPUD: 304TOTAL DAYS TO TD: -----TOTAL DAYS TO RELEASE: -----DOWNTIME HRS.: 0 TODAY / 2 TOTAL, PERCENTAGE OF DOWNTIME / NPT: 0.63%=========================================================================LAST 5" D/P INSPECTION WAS ON THE UNIVERSITY 24-17 #1H, ON 12/20/2014. CAT-4 INSPECTION - CSILAST 4'' D/P INSPECTION WAS ON THE SPECTRE ST. 54-4 #1H ST1, ON 3/8/2015. CAT-4 INSPECTION - CSILAST BHA INSPECTION WAS ON THE UNIVERSITY 21-17 #1R, ON 6/4/2015.CSI.=========================================================================SAFETY MTG: JSA'S & SAFETY MEETINGS OVER , DRILLING, GENERAL HOUSEKEEPING, P/U D.P FROM PIPE CAT. T.O.O.H / MAKING CONNECTIONDAYS SINCE LAST LTA: 360ORI'S TODAY: 0CREW SHORTAGES: NONE.// DOUBLES: 0=========================================================================FLUID LOST TO WELL: 0 BBLS TODAY / 320 TOTAL BBLS, **NO LEAKS OR SPILLS REPORTED OR OBSERVED**=========================================================================BHA #7: HUGHES 8 3/4" DP607X PDC // HALLIBURTON BLACK BOX SHORT // NEW GYRODATA 6 3/4" 7/8 3.3 STAGE FIXED 1.5 BEND RPG: .14 MAX DIFF: 525 GPM: 300-600 MAX TORQUE: 9,400 // 8 1/4" NM IBS // 6 3/4" NMDC // 6 3/4" HANG-OFF SUB // 6 3/4" NMDC // 8 1/4" IBS // NEW 6 3/4" SHOCK SUB // X-O SUB 4 1/2 IF x 4 1/2 XHDAILY DRLG HRS.: 9.5, DAILY TOTAL FOOTAGE: 48', DAILY R.O.P: 19.2 FPH, TOTAL DRLG HRS.: 12.0,TOTAL FOOTAGE: 397', TOTAL RUN R.O.P: 33.1 ( PULLED FOR ROP ; BIT CHAR (I/O/D/O/L/B/G/R) 5 / 2 / WT / BT / N / 0 / 1 / PR )

BHA #8: NOV SKHI716 PDC // HALLIBURTON BLACK BOX SHORT // NEW NOV 6 3/4" 7/8 2.9 STAGE FIXED 1.5 BEND RPG: .17 MAX DIFF: 425 GPM: 200-500 MAX TORQUE: 6,135 // 8 1/4" NM IBS // 6 3/4" NMDC // 6 3/4" HANG-OFF SUB // 6 3/4" NMDC // 8 1/4" IBS // NEW 6 3/4" SHOCK SUB // X-O SUB 4 1/2 IF x 4 1/2 XHDAILY DRLG HRS.: 6.0, DAILY TOTAL FOOTAGE: 277', DAILY R.O.P: 46.1 FPH, TOTAL DRLG HRS.: 6.0,TOTAL FOOTAGE: 277', TOTAL RUN R.O.P: 46.1 ( PULLED FOR ---- )=========================================================================20'' CONDUCTOR CSG SET @ 130'13 3/8" SURFACE CSG SET @ 1,440'9 5/8'' INT. CSG SET @ 4,907'7" INT. CSG SET @ XX,XXX'4.5'' PRO. CASING LINER @ XX,XXX'PROPOSED TD: 12,500'=========================================================================LAST SURVEY:MD: 10650' INC: 3.2° AZI: 183.76° TVD: 10645.51 VSEC SURVEY: -144.85 DLS: 0.28° TEMP : 145° F=========================================================================TRRC:NOTIFY TRRC OF INTENT TO SPUD AND SET SURFACE CASING @ 15:00 HRS. 6-8-2015 JOB # 8028.NOTIFY TRRC OF INTENT TO RUN 9 5/8" CASING AND CEMENT @ 06:00 HRS. 6-13-2015.Weather Summary: NONE.

10761TVD:

40 / / Sec/Twn/Rng:$3,400,564Total Project Costs:

Rig Name: Precision 594Develop To: 0

JAMES WALKER 318-780-1745Tool Pusher:

Abstract: U39Location Survey: UL

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Page 70: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/23/2015

Well Name: UNIVERSITY 40-16 1

Report No: 19

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

BOP Test and Inspection Dates

Last BOP Drill Date:126/11/2015Last BOP Test:

BOP Test Due:6/21/2015Last Inspection:Days Since BOP Tested:

Surveys

Survey No. Inclination Azimuth TVD Vert Sect N/S(+/-) E/W(+/-) DLSSurvey Date Tie In Meas. Depth Des Azi25 9756 0.96 282.21 9752.23 -113.49 -113.49 -31.91 0.206/21/2015 0.0026 10203 2.67 161.12 10199.00 -122.55 -122.55 -32.20 0.736/22/2015 0.0027 10650 3.20 183.76 10645.42 -144.85 -144.85 -29.65 0.286/23/2015 0.00

Date Run Size Weight GradeCasing Top Shoe TestDrift TDHole SizeSet DepthCasing

Type6/8/2015 54.50 J-5527.50 10.0012.615 1440.0017.50013.3751440.18 Surface

Stage

ReciprocateRotate

Bump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

1 0 600 086 CirculatedSpacer, 20, 0, FRESH WATER, , 0, 0No.1Tail, 0, 1315, 4% GEL + 1/4#/SK CELLO FLAKE + 5% SALT + .004 GPS CF-41L, Class C, 1.79, 13.5No.2Displacement, 216, 0, FRESH WATER, , 0, 0No.36/13/2015 40.00 HCNL-8026.50 9.700.000 4910.0012.2509.6254907.62 Intermediate

Stage

ReciprocateRotate

Bump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

1 0 599 4000 CalculatedSpacer, 20, 0, 20 BBL FRESH WATER SPACER, , 0, 0No.1Lead, 0, 945, 1% SMS + 1/4#/SK CELLO FLAKE + 5% SALT, Class C, 2.52, 12No.2Tail, 0, 150, 1/10% C-20, Class C, 1.33, 14.8No.3Spacer, 10, 0, 10 BBL FRESH WATER SPACER, , 0, 0No.4Displacement, 356, 0, 356 BBL BRINE WATER, , 0, 0No.5

Time Wind Dir Wind Knots Sky Conditions Temp RemarksWeather

6:00 E 9.00 Clear 67 NONE.

Mud Properties

9.80 229 1 1/1/1 100.0 100.0 0

10.00 0.80 0.15 1.10 0110000 00.17 00.00

21:0010488

0.0

0.0 0

FL FC

pH

HTFLTime

CaCl2Lime Mud LostEDTA

Wt In PVVis YP Gels

Pm Pf Mf CaCl

Depth

LCM

MBT ES

0.0

9.80 0.0%12.0% 1.0%88.0%

0.00 1/991600

SandSolid OilWater

ECD

Wt Out

Pom O/W RatioTotal Sal.

FL Temp

0.00HTFC

0Water Lost

DRILLED 394' FROM 10094' TO 10488' WITH 9.8PPG CUT BRINE PUMPING HIGH VIS (60) SALT GEL SWEEPS EVERY 200' OR APCO. PUMPED 160 BBLS OF 13.0 PPG KILL MUD TO KILL WELL FLOW, CHECK NO FLOW . POOH UNDER STABLE WELL BORE FOR NEW BIT. **NOTE COST REFLECTS BARITE USED IN PUMPING 200BLS OF 13.0PPG KILL MUD.**

Remarks

Hours Summary ( Daily / Cumulative )8.50Drilling 8.50Rotating 13.50Trips 1.00Circulating 0.00Down 1.00Other176 176 93 20 2 167

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Page 71: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/23/2015

Well Name: UNIVERSITY 40-16 1

Report No: 19

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

CodeOperations

Start Hrs Remarks RunEnd DepthStart Depth

026:00 2.50 ROT DRILL 8 3/4” INTERM2 HOLE F- 10,440' TO 10,488''. ( 48' @ 19.2 FPH ) WOB- 20-38K, SPM- 110-130, GPM- 464-565, SPP- 1975-2700, RPM- 50/80, MM RPM- 79, TOTAL RPM- 130-160, DIFF PSI- 150/350, TORQ- 9,000/13,500, MW- 9.5+ IN & OUT, DRILLING ON x1 CHOKE @ 85%, 2' FLARE ON B/U CONNECTION, NO MUD CUT, SHUTTING IN WELL ON CONNECTIONS W/ 275 PSI SICP. ** @ 10,486', DIFFERENTIAL & ROP DECREASED TO 4-7 FPH. ADJUSTED DRILLING PARAMETERS TO ATTEMPT TO INCREASE ROP, FAILED. TURNED OFF ROTARY & INCREASED WOB, TO SEE IF MOTOR WAS STILL REACTIVE, NO REACTIVE TORQ OR DIFFERENTIAL WAS SEEN. DECISION WAS MADE TO POOH FOR BIT/ MOTOR.** **PUMPING 30 BBLS HI VIS (90 VIS)SWEEPS EVERY 200'**.BACKGROUND GAS: 34 MAX GAS: 890 @ 10,309’ LAST SAMPLE: 10405’60% SS, 20% LS, 20% SH

71048810440

058:30 0.50 PUMPED SLUG. LINED UP TO FORCE FILL OUT THE HOLE. 71048810488069:00 3.00 POOH TO 4907' ( SHOE ). FORCE FILLING PROPER PIPE DISPLACEMENT. 710488104880512:00 0.50 PUMPED 110 BBLS OF 13.0 PPG KILL MUD DBS. ICP- 425 PSI, FCP- 0. WELL STATIC. 710488104880612:30 2.50 FINISH POOH TO SURFACE. FILLING HOLE WITH CALCULATED PIPE DISPL. @ TRIP

TANK.71048810488

0615:00 1.00 L/D BHA #7. MOTOR & BIT. NIH10488104880616:00 1.50 PICK UP BHA #8: NOV SKHI716 PDC, 7X15- 1.207 TFA // HALLIBURTON BLACK BOX

SHORT // NEW NOV 6 3/4" 7/8 2.9 STAGE FIXED 1.5 BEND RPG: .17 MAX DIFF: 425 GPM: 200-500 MAX TORQUE: 6,135 // 8 1/4" NM IBS // 6 3/4" NMDC // 6 3/4" HANG-OFF SUB // 6 3/4" NMDC // 8 1/4" IBS // NEW 6 3/4" SHOCK SUB // X-O SUB 4 1/2 IF x 4 1/2 XH. TEST MWD.

81048810488

0717:30 0.50 LUBRICATE RIG. 810488104880618:00 5.50 RIH WITH BHA #8 TO 10488'. NO/ PARTIAL DISPL. @ TRIP TANK WHILE RIH. 810488104880223:30 6.00 ROT DRILL 8 3/4” INTERM2 HOLE F- 10,488' TO 10,765'. ( 277' @ 46.1 FPH ) WOB- 20-

38K, SPM- 110, GPM- 478, SPP- 2275, RPM- 50/80, MM RPM- 81, TOTAL RPM- 130-160, DIFF PSI- 150/350, TORQ- 9,000/13,500, MW- 9.7 IN & OUT. ** SLIDE F- 10,713' TO 10,735' FOR 1.5 HRS. DUE TO INC. GETTING TO A 3.2 DEG. ** ** DRILLING ON x1 CHOKE @ 85%, 2' FLARE ON B/U CONNECTION, NO MUD CUT, SHUTTING IN WELL ON CONNECTIONS W/ 355 PSI SICP. **PUMPING 30 BBLS HI VIS (90 VIS)SWEEPS EVERY 200'**.MWI: 9.7VIS: 29BACKGROUND GAS: 34CONNECTION GAS: 1300 @ 10,536’TRIP GAS: 1030 @ 10,505’MAX GAS: 2940 @ 10,665’

LAST SAMPLE: 10,700’20% SLT, 40% SS, 20% LS, 20% SH.

81076510488

075:30 0.50 LUBRICATE RIG. 8107651076524.00Total:

Drilling Data

ROP:314000280000Hook Load:

2275Pres on Bot: Press Off Bot:38.24Slack Off: 34000Over Pull:

Kickoff Depth: 0248000

2000Pick Up:

Crew Status: ON Remarks: NONE5035WOB: Motor RPM: 10350Torque:78Rotary RPM:

6.00BHA Hours:

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Page 72: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/23/2015

Well Name: UNIVERSITY 40-16 1

Report No: 19

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

Daily Bits

9245 10091 846 29.7 30846 28.506Jets 14 / 14 / 14 / 14 / 14 / 14 / 12 / 12

504 / 1 / CR / CR / N / E / 1 / PRChar (I/O/D/O/L/B/G/R)

FtgBit In Out ROP WOBTot Ftg Hrs RPM

TFA 1.126/20/2015

Date In6

BHA7155163Serial No.

7900Torq

28.50Tot Hrs

55MRPM

8.75Size

Date Out 6/22/2015Baker t508XManufac. Type

Ftg MRPMHrs GPMMotor Size Brand TypeMud Motors

Cum Ftg Cum Hrs5 6.75 BAKER 6 1/2 7/8 2.5 ADJ @ 1.5 SS 145 7 55502145 7.0

10091 10488 397 33.1 38397 12.007Jets 14 / 14 / 14 / 14 / 14 / 14 / 14 / 0

505 / 2 / WT / BT / N / 0 / 1 / PRChar (I/O/D/O/L/B/G/R)

FtgBit In Out ROP WOBTot Ftg Hrs RPM

TFA 1.056/22/2015

Date In7

BHA7155455Serial No.

8900Torq

12.00Tot Hrs

80MRPM

8.75Size

Date Out 6/22/2015Baker DP607XManufac. Type

Ftg MRPMHrs GPMMotor Size Brand TypeMud Motors

Cum Ftg Cum Hrs7 6.75 GYRODATA 7/8 3.3 FXD 1.5 SS .14 RPG 349 9.5 76544349 9.5

10488 11250 762 50.8 31762 15.008Jets 15 / 15 / 15 / 15 / 15 / 15 / 15 / 0

501 / 1 / CT / NO / N / 0 / 1 / TDChar (I/O/D/O/L/B/G/R)

FtgBit In Out ROP WOBTot Ftg Hrs RPM

TFA 1.196/22/2015

Date In8

BHAA198484Serial No.

10100Torq

15.00Tot Hrs

81MRPM

8.75Size

Date Out 6/24/2015REED SKHI716Manufac. Type

Ftg MRPMHrs GPMMotor Size Brand TypeMud Motors

Cum Ftg Cum Hrs8 6.75 NOV 7/8 2.9 FXD 1.5 SS 0.17 RPG 277 6 78460277 6.0

Tot LengthComponent Qty Length OD Avg ID Avg RemarksDrilling Assembly

Bit - PDC - Fixed Cutter 1 1.00 8.750 0.000 1.00 NOV PDC 716 A198484Other 1 1.02 6.500 2.000 2.02 NOV BLACK BOX SHORT 01Motor - steerable 1 28.48 6.750 0.000 30.50 NOV FXD 1.5 67536186Stab - Undergauge 1 6.16 6.785 2.750 36.66 NMIBS AWNS-4512Monel 1 30.75 6.625 3.785 67.41 NMDC AWS67530-3502Sub - Orienting 1 6.04 6.785 3.250 73.45 HOS 12414389Monel 1 31.07 6.500 3.250 104.52 NMDC AWS675-30-4859Stab - Undergauge 1 5.10 6.750 2.500 109.62 SIBS AWSS-4869Sub - Shock 1 11.54 6.500 2.500 121.16 SHOCK 900499Sub - XO 1 2.33 6.785 2.785 123.49 X-O AWST-3384Drill collar 12 365.79 6.500 2.875 489.28 RIG DCOther 1 4.62 6.750 2.500 493.90 NOV BLACK BOX LONG 613210-3Sub - XO 1 3.39 6.875 2.750 497.29 X-O 5120HWDP 9 278.04 5.000 3.000 775.33 RIG HWDP

Pump No Model Liner Size Stroke Max PSI Max SPM SPM GPM Press. Slow Pump Rates/Pres.Mud Pumps

FD-1600 6 12 4450 1151 230 227555 30/425 40/55020/325FD-1600 6 12 4450 1152 230 227555 30/400 40/51520/320

Drilling Breaks and ShowsBGRD Gas: 34 Trip Gas: 1060 Surv Gas: 1300 Conn Gas: 1300 Peak Gas: 2940

Shale %: 20.0 Sand %: 40.0 Others %: 40.0 Shale Den: 2.2 D'Exp: -0.5Depth: 10715.0 Pore Press: 9.3 H2S: 0.0 Cir. Temp: 95.0Desc: 20% SLT, 40% SS, 20% LS, 20% SH.

Item Received Used LostBeg Inv Transfrd End InvUnitsInventory

Anco Drill 0 0 0 50 55-galBarite (Bulk) 27.5 0 0 7639 64tonsBarite (Sack) 0 0 0 2000 200sks

Cal Carb 0 0 0 1200 120sksCaustic Soda 0 0 0 4747 0SksD-FOAMER 0 0 0 320 325-gal

Diesel 1490 0 0 75359025 0galDRILL PAPER 0 0 0 450 45sks

Drilzan 18 0 0 1000 118sksFiber Seal 0 0 0 600 60sks

Gel 0 0 0 1400 140sksLime 10 0 0 1000 110sks

MF-55 1 0 0 80 95-galMica 0 0 0 860 86sks

PALLETS 0 0 0 100 10#salt gel 100 0 0 500-20 620sksSapp 0 0 0 310 31sks

Shrink Wrap 0 0 0 100 10#Soda Ash 0 0 0 750 75sksWallNut 0 0 0 500 50sks

White Starch 0 0 0 2500 250sksWT22 0 0 0 320 325-gal

Page 4 of 5 7/22/2015Powered by Production Access

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Page 73: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/23/2015

Well Name: UNIVERSITY 40-16 1

Report No: 19

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

Company Qty. HoursService Company Qty. HoursServicePersonnel Data

ANCHOR DRILLING FL 1 24.00MUD ENGINEER Diversified Well Logging 2 24.00Mud LoggersHalliburton Services 2 24.00MWD DIRECTIONAL D New Prospect Company 1 24.00CO MANPrecision Drilling 11 132.00Rig Crews Premier Directional 1 12.00Directional

240.00Totals 18.00

PersonnelFirst AidType Date Activity Company Name

Health Safety and Environment

Lost Time

Med Visit

Drilling 6/22/2015 PRECISION / ENERGEN / PREMIER / HALLIBURTON ALLSAFETY MTG: JSA'S & SAFETY MEETINGS OVER , DRILLING, GENERAL HOUSEKEEPING, P/U D.P FROM PIPE CAT. T.O.O.H / MAKING CONNECTION.

Daily Cost DetailsCode Remarks Daily Exp Cum ExpIDC Vendor

20.950.030IDC - ROAD & SITE CON $175,00020.950.070IDC - INSURANCE & BO $10,00020.950.080IDC - PERMITS SURVEY $45,00020.950.101IDC - DRILL - BIT $62,05420.950.102IDC - DRILL - CEMENT & $56,47420.950.103IDC - DRILL - CONTRAC $23,500 $441,500RIG & CREWSPRECISION DRILLING20.950.105IDC - DRILL - EQUIPMEN $50 $21,045DAILY H2S MINIMAL PACKAGSAFETY SOLUTIONS20.950.105IDC - DRILL - EQUIPMEN $540 $21,045DAILY RENTAL ON RCD ROTHalliburton20.950.105IDC - DRILL - EQUIPMEN $340 $21,045DUAL CHOKES & IGNITOR.IRONHORSE20.950.105IDC - DRILL - EQUIPMEN $281 $21,045DAILY RENTAL ON RAMS.THOMAS TOOLS20.950.105IDC - DRILL - EQUIPMEN $191 $21,045FORK LIFT & MAN LIFT RENTPRECISION/ NEFF20.950.106IDC - DRILL - FUEL $58,16920.950.107IDC - DRILL - EQUIPMEN $501 $4,181HAUL IN LOGGING ADAPTER/TOM E LEE TRUCKING20.950.109IDC - DRILL - DIRECTIO $4,000 $173,205MWDSperry Drilling Services20.950.109IDC - DRILL - DIRECTIO $60,000 $173,205MWD USAGE @ 4K/ DAY FORSPERRY DRILLING SE20.950.109IDC - DRILL - DIRECTIO $7,725 $173,205DAILY DIRECTIONAL COSTSPREMIER DIRECTIONA20.950.111IDC - DRILL - MOBDEMO $75,00020.950.114IDC - DRILL - SURFACE $186 $39,134COMMUNICATIONS PACKAGRIG NET/ LANDTEL20.950.114IDC - DRILL - SURFACE $60 $39,1342 X FRAC TANKSLEOS TRUCKING20.950.114IDC - DRILL - SURFACE $1,800 $39,134FRESH WATER FOR HOUSINPRIME TIME WATER20.950.114IDC - DRILL - SURFACE $650 $39,134HOUSING PACKAGETAN MAR20.950.114IDC - DRILL - SURFACE $90 $39,1342 X LIGHT TOWERS & TRASHK.C. SERVICES20.950.114IDC - DRILL - SURFACE $500 $39,134300 BBL. PRE-MIX & TRANSFPORTABLE MUD SYS.20.950.117IDC - DRILL - SPECIAL S $750 $27,191THREAD PROTESTOR DISPOTRI-STAR20.950.118IDC - DRILL - DRILLING $2,000 $18,000WELLSITE SUPERVISORNEW PROSPECT CO.20.950.150IDC - LOGGING $2,325 $2,325LOGGING ADAPTER / PACK OIL STATES ENERGY

$105,489 $1,346,956Total IDC:Code Remarks Daily Exp Cum ExpTDC Vendor

20.940.103TDC - DE - OTHER EQUI $1,16120.940.106TDC - DE - SURFACE CA $95,53720.940.109TDC - INTERMEDIATE C $162,04620.940.201TDC - SE - CASING/ WE $19,000

$277,744Total TDC:Total Cumulative Well Costs: $105,489 $1,624,700

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Page 74: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/24/2015

Well Name: UNIVERSITY 40-16 1

Report No: 20

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

Surface Location: 1980 FNL, 1757 FWL - WARD, TX

Wolfcamp

$64,476$1,689,176

Formation:

Daily Costs:This AFE DHC to Date:

API Code: 4247536999

10765Start Depth(ft):

6/9/2015Spud Date:

24 Hr. Footage:

RKB to MSL: 2511250Ending Depth(ft):

$3,180,125AFE DHC:BENJAMIN DUCOTRig Supervisor 1: 318-509-9166

( ) -

RKB to CHF:$3,400,564

$11,920Total w/ Assoc AFEs :

Daily Mud Costs:

PBE1510032AFE #:

16Days from Spud:Field Name: Wellcore

485RKB to LMF:

RKB to THF:

25 - LD Drill Pipe

$1,689,176This AFE CWC to Date:

Cum Mud Costs: $145,598Rig Company:

2527.5

Rpt T. Activity:

Precision Drilling 26.5

20Report No:$6,116,398AFE Total:

Rig Supervisor 2:

DONE L/D 5'' DRILL PIPE & BHA. PREP TO RUN OPEN HOLE LOGS.Operation Desc:

24-Hour Summary/Remarks: DRILL AHEAD TO LOGGING/ CASING POINT OF 11,250' IN 8.75'' INTERMEDIATE SECTION. CIRCULATE HOLE CLEAN. PUMP SLUG. START LDDP. @ 4875', KILL WELL. FINISH LDDP & BHA.

TOTAL 24 HR. FOOTAGE: 485'AVERAGE ROP: 53.8Next Day Operations: RIG UP & TEST PACK OFF. RIG UP LOGGERS. RUN OPEN HOLE LOGS.=========================================================================RIG RELEASED FROM UNIVERSITY 21-17 #1R @ 06:00 HRS. ON 6-4-2015.SPUD: 06/09/2015 @ 00:00 HRS.TOTAL RIG MOVE HRS.: 106 / DAYS: 4.42TOTAL HRS. FROM SPUD: 328TOTAL DAYS TO TD: -----TOTAL DAYS TO RELEASE: -----DOWNTIME HRS.: 0 TODAY / 2 TOTAL, PERCENTAGE OF DOWNTIME / NPT: 0.59%=========================================================================LAST 5" D/P INSPECTION WAS ON THE UNIVERSITY 24-17 #1H, ON 12/20/2014. CAT-4 INSPECTION - CSILAST 4'' D/P INSPECTION WAS ON THE SPECTRE ST. 54-4 #1H ST1, ON 3/8/2015. CAT-4 INSPECTION - CSILAST BHA INSPECTION WAS ON THE UNIVERSITY 21-17 #1R, ON 6/4/2015.CSI.=========================================================================SAFETY MTG: JSA'S & SAFETY MEETINGS OVER , DRILLING, GENERAL HOUSEKEEPING, P/U D.P FROM PIPE CAT. T.O.O.H / MAKING CONNECTION.DAYS SINCE LAST LTA: 361ORI'S TODAY: 0CREW SHORTAGES: NONE.// DOUBLES: 0=========================================================================FLUID LOST TO WELL: 0 BBLS TODAY / 320 TOTAL BBLS, **NO LEAKS OR SPILLS REPORTED OR OBSERVED**=========================================================================BHA #7: HUGHES 8 3/4" DP607X PDC // HALLIBURTON BLACK BOX SHORT // NEW GYRODATA 6 3/4" 7/8 3.3 STAGE FIXED 1.5 BEND RPG: .14 MAX DIFF: 525 GPM: 300-600 MAX TORQUE: 9,400 // 8 1/4" NM IBS // 6 3/4" NMDC // 6 3/4" HANG-OFF SUB // 6 3/4" NMDC // 8 1/4" IBS // NEW 6 3/4" SHOCK SUB // X-O SUB 4 1/2 IF x 4 1/2 XH.DAILY DRLG HRS.: 9.5, DAILY TOTAL FOOTAGE: 48', DAILY R.O.P: 19.2 FPH, TOTAL DRLG HRS.: 12.0,TOTAL FOOTAGE: 397', TOTAL RUN R.O.P: 33.1 ( PULLED FOR ROP ; BIT CHAR (I/O/D/O/L/B/G/R) 5 / 2 / WT / BT / N / 0 / 1 / PR ).

BHA #8: NOV SKHI716 PDC // HALLIBURTON BLACK BOX SHORT // NEW NOV 6 3/4" 7/8 2.9 STAGE FIXED 1.5 BEND RPG: .17 MAX DIFF: 425 GPM: 200-500 MAX TORQUE: 6,135 // 8 1/4" NM IBS // 6 3/4" NMDC // 6 3/4" HANG-OFF SUB // 6 3/4" NMDC // 8 1/4" IBS // NEW 6 3/4" SHOCK SUB // X-O SUB 4 1/2 IF x 4 1/2 XH.DAILY DRLG HRS.: 9.0, DAILY TOTAL FOOTAGE: 485', DAILY R.O.P: 53.8 FPH, TOTAL DRLG HRS.: 15.0,TOTAL FOOTAGE: 762', TOTAL RUN R.O.P: 50.8 ( PULLED FOR TD; BIT CHAR (I/O/D/O/L/B/G/R) 1 / 1 / CT / NO / N / 0 / 1 / TD ).=========================================================================20'' CONDUCTOR CSG SET @ 130'13 3/8" SURFACE CSG SET @ 1,440'9 5/8'' INT. CSG SET @ 4,907'7" INT. CSG SET @ XX,XXX'4.5'' PRO. CASING LINER @ XX,XXX'PROPOSED TD: 12,500'=========================================================================LAST SURVEY:MD: 11,186' INC: 3.08° AZI: 187.81° TVD: 11,180.64 VSEC SURVEY: -175.33 DLS: 0.62° TEMP : 146° F =========================================================================TRRC:NOTIFY TRRC OF INTENT TO SPUD AND SET SURFACE CASING @ 15:00 HRS. 6-8-2015 JOB # 8028.NOTIFY TRRC OF INTENT TO RUN 9 5/8" CASING AND CEMENT @ 06:00 HRS. 6-13-2015.Weather Summary: WIND GUST TO 22MPH.

11244TVD:

40 / / Sec/Twn/Rng:$3,400,564Total Project Costs:

Rig Name: Precision 594Develop To: 0

JAMES WALKER 318-780-1745Tool Pusher:

Abstract: U39Location Survey: UL

Page 1 of 4 7/22/2015Powered by Production Access

Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs6/24/2015 20 11250 25 - LD Drill Pipe 9.7 $64,476 $6,116,398$1,689,176

Page 75: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/24/2015

Well Name: UNIVERSITY 40-16 1

Report No: 20

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

BOP Test and Inspection Dates

Last BOP Drill Date:136/11/2015Last BOP Test:

BOP Test Due:6/21/2015Last Inspection:Days Since BOP Tested:

Surveys

Survey No. Inclination Azimuth TVD Vert Sect N/S(+/-) E/W(+/-) DLSSurvey Date Tie In Meas. Depth Des Azi27 10650 3.20 183.76 10645.42 -144.85 -144.85 -29.65 0.286/23/2015 0.0028 11097 3.35 179.15 11091.69 -170.36 -170.36 -30.27 0.076/24/2015 0.0029 11186 3.02 187.81 11180.55 -175.28 -175.28 -30.55 0.656/24/2015 0.00

Date Run Size Weight GradeCasing Top Shoe TestDrift TDHole SizeSet DepthCasing

Type6/8/2015 54.50 J-5527.50 10.0012.615 1440.0017.50013.3751440.18 Surface

Stage

ReciprocateRotate

Bump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

1 0 600 086 CirculatedSpacer, 20, 0, FRESH WATER, , 0, 0No.1Tail, 0, 1315, 4% GEL + 1/4#/SK CELLO FLAKE + 5% SALT + .004 GPS CF-41L, Class C, 1.79, 13.5No.2Displacement, 216, 0, FRESH WATER, , 0, 0No.36/13/2015 40.00 HCNL-8026.50 9.700.000 4910.0012.2509.6254907.62 Intermediate

Stage

ReciprocateRotate

Bump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

1 0 599 4000 CalculatedSpacer, 20, 0, 20 BBL FRESH WATER SPACER, , 0, 0No.1Lead, 0, 945, 1% SMS + 1/4#/SK CELLO FLAKE + 5% SALT, Class C, 2.52, 12No.2Tail, 0, 150, 1/10% C-20, Class C, 1.33, 14.8No.3Spacer, 10, 0, 10 BBL FRESH WATER SPACER, , 0, 0No.4Displacement, 356, 0, 356 BBL BRINE WATER, , 0, 0No.5

Time Wind Dir Wind Knots Sky Conditions Temp RemarksWeather

6:00 E 9.00 Partly Cloudy 67 WIND GUST TO 22MPH.

Mud Properties

9.70 1148 10 8/11/13 12.2 100.0 0

9.70 0.50 0.10 0.60 0100000 00.11 00.00

21:0011250

0.0

0.0 0

FL FC

pH

HTFLTime

CaCl2Lime Mud LostEDTA

Wt In PVVis YP Gels

Pm Pf Mf CaCl

Depth

LCM

MBT ES

0.0

9.70 0.0%12.0% 1.0%88.0%

0.00 1/991600

SandSolid OilWater

ECD

Wt Out

Pom O/W RatioTotal Sal.

FL Temp

0.00HTFC

0Water Lost

DRILLED 762' FROM 10488' TO 11250' WITH 9.7PPG CUT BRINE PUMPING HIGH VIS (60) SALT GEL SWEEPS EVERY 200' OR APCO. TD INTERMEDIATE SECTION PUMPED HIGH VIS SWEEP AND CIRCULATED HOLE CLEAN. PUMPED 70BBLS OF 12.5PPG KILL MUD FOR SLUG FLOW CHECK NO FLOW AND POOH UNDER STABLE WELL BORE. BEFORE POOH REDUCED FLUID LOSS TO <14ML TO ASSIST IN RUNNING WIRELINE LOGS AND CASING. RECEIVED 1000BBLS OF 12.5PPG POLYMER MUD FROM PRECISION 593. COST REFLECTS PUMPING 70BBLS OF 12.5PPG KILL MUD

Remarks

Hours Summary ( Daily / Cumulative )9.00Drilling 9.00Rotating 0.00Trips 1.50Circulating 0.00Down 13.50Other185 185 93 22 2 181

CodeOperations

Start Hrs Remarks RunEnd DepthStart Depth

026:00 9.00 ROT DRILL 8 3/4” INTERM2 HOLE F- 10,765' TO 11,250'. ( 485' @ 53.8 FPH ) WOB- 20-38K, SPM- 110, GPM- 478, SPP- 2475, RPM- 50/70, MM RPM- 81, TOTAL RPM- 130-160, DIFF PSI- 150/350, TORQ- 9,000/11,500, MW- 9.7 IN & OUT. ** SLIDE F- 10,802' TO 10,832' FOR 1.5 HRS. DUE TO INC. GETTING TO A 3.2 DEG. ** ** DRILLING ON x1 CHOKE @ 65%, 1' FLARE ON B/U CONNECTION, NO MUD CUT, SHUTTING IN WELL ON CONNECTIONS W/ 205 PSI SICP. **PUMPING 30 BBLS HI VIS (90 VIS)SWEEPS EVERY 200'**.MWI: 9.7VIS: 29BACKGROUND GAS: 55CONNECTION GAS: 1020 @ 10,981’MAX GAS: 1340 @ 10,924’ LAST SAMPLE: 11,250’5% LS, 95% SH

81125010765

0515:00 1.00 PUMP & CIRCULATE OUT 2 HIGH VIS SWEEPS TO CLEAN WELL BORE FOR LOGS & CASING. PUMP 50 BBLS OF SLUG.

81125011250

2516:00 5.00 LDDP- 5'' DRILL PIPE TO 4,875'. FORCE FILLING CALCULATED PIPE DISPLACEMENT WHILE LDDP.

81125011250

0521:00 0.50 PUMP 105 BBLS. OF 12.6 PPG. KWM DBS, ICP- 305 PSI, FCP- 0 PSI. WELL STATIC. 811250112502521:30 8.00 CONTINUE LDDP- 5'' DRILL PIPE TO 775'. L/D ALL SUBS, HWDP, & DC. L/D 3RD PARTY

DIRECTIONAL BHA #8. FILLING WELL WITH CALCUTED PIPE DISPLACEMENT @ TRIP TANK.

81125011250

075:30 0.50 LUBRICATE RIG. NIH112501125024.00Total:

Page 2 of 4 7/22/2015Powered by Production Access

Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs6/24/2015 20 11250 25 - LD Drill Pipe 9.7 $64,476 $6,116,398$1,689,176

Page 76: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/24/2015

Well Name: UNIVERSITY 40-16 1

Report No: 20

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

Drilling Data

ROP:314000280000Hook Load:

2275Pres on Bot: Press Off Bot:53.89Slack Off: 34000Over Pull:

Kickoff Depth: 0248000

2000Pick Up:

Crew Status: ON Remarks: NONE5031WOB: Motor RPM: 10100Torque:78Rotary RPM:

9.00BHA Hours:Daily Bits

10488 11250 762 50.8 31762 15.008Jets 15 / 15 / 15 / 15 / 15 / 15 / 15 / 0

501 / 1 / CT / NO / N / 0 / 1 / TDChar (I/O/D/O/L/B/G/R)

FtgBit In Out ROP WOBTot Ftg Hrs RPM

TFA 1.196/22/2015

Date In8

BHAA198484Serial No.

10100Torq

15.00Tot Hrs

81MRPM

8.75Size

Date Out 6/24/2015REED SKHI716Manufac. Type

Ftg MRPMHrs GPMMotor Size Brand TypeMud Motors

Cum Ftg Cum Hrs8 6.75 NOV 7/8 2.9 FXD 1.5 SS 0.17 RPG 277 6 78460277 6.0

Tot LengthComponent Qty Length OD Avg ID Avg RemarksDrilling Assembly

Bit - PDC - Fixed Cutter 1 1.00 8.750 0.000 1.00 NOV PDC 716 A198484Other 1 1.02 6.500 2.000 2.02 NOV BLACK BOX SHORT 01Motor - steerable 1 28.48 6.750 0.000 30.50 NOV FXD 1.5 67536186Stab - Undergauge 1 6.16 6.785 2.750 36.66 NMIBS AWNS-4512Monel 1 30.75 6.625 3.785 67.41 NMDC AWS67530-3502Sub - Orienting 1 6.04 6.785 3.250 73.45 HOS 12414389Monel 1 31.07 6.500 3.250 104.52 NMDC AWS675-30-4859Stab - Undergauge 1 5.10 6.750 2.500 109.62 SIBS AWSS-4869Sub - Shock 1 11.54 6.500 2.500 121.16 SHOCK 900499Sub - XO 1 2.33 6.785 2.785 123.49 X-O AWST-3384Drill collar 12 365.79 6.500 2.875 489.28 RIG DCOther 1 4.62 6.750 2.500 493.90 NOV BLACK BOX LONG 613210-3Sub - XO 1 3.39 6.875 2.750 497.29 X-O 5120HWDP 9 278.04 5.000 3.000 775.33 RIG HWDP

Pump No Model Liner Size Stroke Max PSI Max SPM SPM GPM Press. Slow Pump Rates/Pres.Mud Pumps

FD-1600 6 12 4450 1151 230 240055 30/425 40/55020/325FD-1600 6 12 4450 1152 230 240055 30/400 40/51520/320

Drilling Breaks and ShowsBGRD Gas: 55 Trip Gas: Surv Gas: 1020 Conn Gas: 1020 Peak Gas: 1340

Shale %: 95.0 Sand %: 0.0 Others %: 5.0 Shale Den: 2.2 D'Exp: -0.1Depth: 11250.0 Pore Press: 9.6 H2S: 0.0 Cir. Temp: 95.0Desc: 95% SHALE, 5% LIME.

Item Received Used LostBeg Inv Transfrd End InvUnitsInventory

Anco Drill 0 0 0 55 05-galBarite (Bulk) 13 0 0 6376 0tonsBarite (Sack) 0 0 0 200200 0sks

Cal Carb 0 0 0 120120 0sksCaustic Soda 0 0 0 4747 0SksD-FOAMER 0 0 0 3232 05-gal

Diesel 1648 0 0 58877535 0galDRILL PAPER 0 0 0 4545 0sks

Drilzan 0 0 0 100100 0sksFiber Seal 0 0 0 6060 0sks

Gel 0 0 0 140140 0sksLime 0 0 0 100100 0sks

MF-55 0 0 0 88 05-galMica 0 0 0 8686 0sks

PALLETS 0 0 0 1010 0#salt gel 50 0 0 450500 0sksSapp 0 0 0 3131 0sks

Shrink Wrap 0 0 0 1010 0#Soda Ash 0 0 0 7575 0sksWallNut 0 0 0 5050 0sks

White Starch 250 0 0 0250 0sksWT22 0 0 0 3232 05-gal

Page 3 of 4 7/22/2015Powered by Production Access

Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs6/24/2015 20 11250 25 - LD Drill Pipe 9.7 $64,476 $6,116,398$1,689,176

Page 77: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/24/2015

Well Name: UNIVERSITY 40-16 1

Report No: 20

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

Company Qty. HoursService Company Qty. HoursServicePersonnel Data

ANCHOR DRILLING FL 1 24.00MUD ENGINEER Diversified Well Logging 2 24.00Mud LoggersHalliburton Services 2 24.00MWD DIRECTIONAL D New Prospect Company 1 24.00CO MANPrecision Drilling 11 132.00Rig Crews Premier Directional 1 12.00Directional

240.00Totals 18.00

PersonnelFirst AidType Date Activity Company Name

Health Safety and Environment

Lost Time

Med Visit

Drilling 6/23/2015 PRECISION / ENERGEN / PREMIER / HALLIBURTON ALLSAFETY MTG: JSA'S & SAFETY MEETINGS OVER , DRILLING, GENERAL HOUSEKEEPING, P/U D.P FROM PIPE CAT. T.O.O.H / MAKING CONNECTION.

Daily Cost DetailsCode Remarks Daily Exp Cum ExpIDC Vendor

20.950.030IDC - ROAD & SITE CON $175,00020.950.070IDC - INSURANCE & BO $10,00020.950.080IDC - PERMITS SURVEY $45,00020.950.101IDC - DRILL - BIT $10,640 $72,6948.75'' PDC 813Smith International20.950.102IDC - DRILL - CEMENT & $56,47420.950.103IDC - DRILL - CONTRAC $23,500 $465,000RIG & CREWSPRECISION DRILLING20.950.105IDC - DRILL - EQUIPMEN $50 $22,447DAILY H2S MINIMAL PACKAGSAFETY SOLUTIONS20.950.105IDC - DRILL - EQUIPMEN $540 $22,447DAILY RENTAL ON RCD ROTHalliburton20.950.105IDC - DRILL - EQUIPMEN $281 $22,447DAILY RENTAL ON RAMS.THOMAS TOOLS20.950.105IDC - DRILL - EQUIPMEN $191 $22,447FORK LIFT & MAN LIFT RENTPRECISION/ NEFF20.950.105IDC - DRILL - EQUIPMEN $340 $22,447DUAL CHOKES & IGNITOR.IRONHORSE20.950.106IDC - DRILL - FUEL $58,16920.950.107IDC - DRILL - EQUIPMEN $752 $5,684HAUL IN MOTOR/ BACK HAULTOM E LEE TRUCKING20.950.107IDC - DRILL - EQUIPMEN $752 $5,684HAUL IN MOTORS/ BACK HATOM E LEE TRUCKING20.950.109IDC - DRILL - DIRECTIO $4,000 $184,930MWDSperry Drilling Services20.950.109IDC - DRILL - DIRECTIO $7,725 $184,930DAILY DIRECTIONAL COSTSPREMIER DIRECTIONA20.950.111IDC - DRILL - MOBDEMO $75,00020.950.114IDC - DRILL - SURFACE $650 $40,620HOUSING PACKAGETAN MAR20.950.114IDC - DRILL - SURFACE $90 $40,6202 X LIGHT TOWERS & TRASHK.C. SERVICES20.950.114IDC - DRILL - SURFACE $60 $40,6202 X FRAC TANKSLEOS TRUCKING20.950.114IDC - DRILL - SURFACE $500 $40,620300 BBL. PRE-MIX & TRANSFPORTABLE MUD SYS.20.950.114IDC - DRILL - SURFACE $186 $40,620COMMUNICATIONS PACKAGRIG NET/ LANDTEL20.950.116IDC - DRILL - DRILL PIP $300 $300INSPECT 3RD PARTY SLIPS CSI20.950.117IDC - DRILL - SPECIAL S $27,19120.950.118IDC - DRILL - DRILLING $2,000 $20,000WELLSITE SUPERVISORNEW PROSPECT CO.20.950.150IDC - LOGGING $2,325

$52,556 $1,411,432Total IDC:Code Remarks Daily Exp Cum ExpTDC Vendor

20.940.103TDC - DE - OTHER EQUI $1,16120.940.106TDC - DE - SURFACE CA $95,53720.940.109TDC - INTERMEDIATE C $162,04620.940.201TDC - SE - CASING/ WE $19,000

$277,744Total TDC:Total Cumulative Well Costs: $52,556 $1,689,176

Page 4 of 4 7/22/2015Powered by Production Access

Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs6/24/2015 20 11250 25 - LD Drill Pipe 9.7 $64,476 $6,116,398$1,689,176

Page 78: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/25/2015

Well Name: UNIVERSITY 40-16 1

Report No: 21

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

Surface Location: 1980 FNL, 1757 FWL - WARD, TX

Wolfcamp

$72,009$1,761,185

Formation:

Daily Costs:This AFE DHC to Date:

API Code: 4247536999

11250Start Depth(ft):

6/9/2015Spud Date:

24 Hr. Footage:

RKB to MSL: 2511250Ending Depth(ft):

$3,180,125AFE DHC:BENJAMIN DUCOTRig Supervisor 1: 318-509-9166

( ) -

RKB to CHF:$3,400,564

$14,278Total w/ Assoc AFEs :

Daily Mud Costs:

PBE1510032AFE #:

17Days from Spud:Field Name: Wellcore

0RKB to LMF:

RKB to THF:

12 - Run Casing & Cement

$1,761,185This AFE CWC to Date:

Cum Mud Costs: $159,876Rig Company:

2527.5

Rpt T. Activity:

Precision Drilling 26.5

21Report No:$6,116,398AFE Total:

Rig Supervisor 2:

CURRENTLY RUNNING 7.0'' CASING. CURRENT DEPTH OF 6750'.Operation Desc:

24-Hour Summary/Remarks: INSTALL LOGGING ADAPTER & PACK OFF. RIG UP LOGGERS. START RIH WITH LOGGING RUN. INTERMEDIATE LOGGING PROGRAM- PEX, HNGS TO ABOVE BONE SPRING (8,000'), GR/NEUTRON TO SURFACE. COMPLETE LOGGING RUN. RIG DOWN LOGGERS & PACKOFF. RIG UP CASING CREWS & TORQ TURN. START RUNNING 7.0'' CASING.Next Day Operations: FINISH RUNNING 7.0'' CASING TO 11,038'. CIRCU WELL. CEMENT 2 STAGE CEMENT JOB. SET SEAL ASSEMBLY. C/O BOP RAMS & ANNULAR RUBBER. TEST BOPE. PREP TOOLS FOR 6.0'' PILOT HOLE SECTION.=========================================================================RIG RELEASED FROM UNIVERSITY 21-17 #1R @ 06:00 HRS. ON 6-4-2015.SPUD: 06/09/2015 @ 00:00 HRS.TOTAL RIG MOVE HRS.: 106 / DAYS: 4.42TOTAL HRS. FROM SPUD: 352TOTAL DAYS TO TD: -----TOTAL DAYS TO RELEASE: -----DOWNTIME HRS.: 0 TODAY / 2 TOTAL, PERCENTAGE OF DOWNTIME / NPT: 0.55%=========================================================================LAST 5" D/P INSPECTION WAS ON THE UNIVERSITY 24-17 #1H, ON 12/20/2014. CAT-4 INSPECTION - CSILAST 4'' D/P INSPECTION WAS ON THE SPECTRE ST. 54-4 #1H ST1, ON 3/8/2015. CAT-4 INSPECTION - CSILAST BHA INSPECTION WAS ON THE UNIVERSITY 21-17 #1R, ON 6/4/2015.CSI.=========================================================================SAFETY MTG. WITH ALL ON RUNNING WIRELINE LOGS. OVER HEAD LOADS, WORKING AROUND SHEAVES, & WORKING WITH 3RD PARTY EQUIPMENT.DAYS SINCE LAST LTA: 362ORI'S TODAY: 0CREW SHORTAGES: NONE.// DOUBLES: 0=========================================================================FLUID LOST TO WELL: 0 BBLS TODAY / 320 TOTAL BBLS, **NO LEAKS OR SPILLS REPORTED OR OBSERVED**=========================================================================BHA #7: HUGHES 8 3/4" DP607X PDC // HALLIBURTON BLACK BOX SHORT // NEW GYRODATA 6 3/4" 7/8 3.3 STAGE FIXED 1.5 BEND RPG: .14 MAX DIFF: 525 GPM: 300-600 MAX TORQUE: 9,400 // 8 1/4" NM IBS // 6 3/4" NMDC // 6 3/4" HANG-OFF SUB // 6 3/4" NMDC // 8 1/4" IBS // NEW 6 3/4" SHOCK SUB // X-O SUB 4 1/2 IF x 4 1/2 XH.DAILY DRLG HRS.: 9.5, DAILY TOTAL FOOTAGE: 48', DAILY R.O.P: 19.2 FPH, TOTAL DRLG HRS.: 12.0,TOTAL FOOTAGE: 397', TOTAL RUN R.O.P: 33.1 ( PULLED FOR ROP ; BIT CHAR (I/O/D/O/L/B/G/R) 5 / 2 / WT / BT / N / 0 / 1 / PR ).

BHA #8: NOV SKHI716 PDC // HALLIBURTON BLACK BOX SHORT // NEW NOV 6 3/4" 7/8 2.9 STAGE FIXED 1.5 BEND RPG: .17 MAX DIFF: 425 GPM: 200-500 MAX TORQUE: 6,135 // 8 1/4" NM IBS // 6 3/4" NMDC // 6 3/4" HANG-OFF SUB // 6 3/4" NMDC // 8 1/4" IBS // NEW 6 3/4" SHOCK SUB // X-O SUB 4 1/2 IF x 4 1/2 XH.DAILY DRLG HRS.: 9.0, DAILY TOTAL FOOTAGE: 485', DAILY R.O.P: 53.8 FPH, TOTAL DRLG HRS.: 15.0,TOTAL FOOTAGE: 762', TOTAL RUN R.O.P: 50.8 ( PULLED FOR TD; BIT CHAR (I/O/D/O/L/B/G/R) 1 / 1 / CT / NO / N / 0 / 1 / TD ).=========================================================================20'' CONDUCTOR CSG SET @ 130'13 3/8" SURFACE CSG SET @ 1,440'9 5/8'' INT. CSG SET @ 4,907'7" INT. CSG SET @ XX,XXX'7'' CASING BREAK DOWN:ELEVATION- 25.90’LANDING JOINT- 29.31’CASING- 4859.91’STAGE TOOL- 4862.88’CASING- 10952.77’FLOAT COLLAR- 10955.64’CASING- 11035.53’CASING SHOE BASE- 11038.71’4.5'' PRO. CASING LINER @ XX,XXX'PROPOSED TD: 12,500'=========================================================================LAST SURVEY:MD: 11,186' INC: 3.08° AZI: 187.81° TVD: 11,180.64 VSEC SURVEY: -175.33 DLS: 0.62° TEMP : 146° F

11244TVD:

40 / / Sec/Twn/Rng:$3,400,564Total Project Costs:

Rig Name: Precision 594Develop To: 0

JAMES WALKER 318-780-1745Tool Pusher:

Abstract: U39Location Survey: UL

Page 1 of 4 7/22/2015Powered by Production Access

Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs6/25/2015 21 11250 12 - Run Casing & Cement 9.8 $72,009 $6,116,398$1,761,185

Page 79: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/25/2015

Well Name: UNIVERSITY 40-16 1

Report No: 21

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

=========================================================================TRRC:NOTIFY TRRC OF INTENT TO SPUD AND SET SURFACE CASING @ 15:00 HRS. 6-8-2015 JOB # 8028.NOTIFY TRRC OF INTENT TO RUN 9 5/8" CASING AND CEMENT @ 06:00 HRS. 6-13-2015.NOTIFY TRRC OF INTENT TO RUN 7" CASING AND CEMENT @ 08:00 HRS. 6-24-2015.Weather Summary: WIND GUST TO 17 MPH.

BOP Test and Inspection Dates

Last BOP Drill Date:146/11/2015Last BOP Test:

7/2/2015BOP Test Due:6/24/2015Last Inspection:Days Since BOP Tested:

Surveys

Survey No. Inclination Azimuth TVD Vert Sect N/S(+/-) E/W(+/-) DLSSurvey Date Tie In Meas. Depth Des Azi27 10650 3.20 183.76 10645.42 -144.85 -144.85 -29.65 0.286/23/2015 0.0028 11097 3.35 179.15 11091.69 -170.36 -170.36 -30.27 0.076/24/2015 0.0029 11186 3.02 187.81 11180.55 -175.28 -175.28 -30.55 0.656/24/2015 0.00

Date Run Size Weight GradeCasing Top Shoe TestDrift TDHole SizeSet DepthCasing

Type6/8/2015 54.50 J-5527.50 10.0012.615 1440.0017.50013.3751440.18 Surface

Stage

ReciprocateRotate

Bump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

1 0 600 086 CirculatedSpacer, 20, 0, FRESH WATER, , 0, 0No.1Tail, 0, 1315, 4% GEL + 1/4#/SK CELLO FLAKE + 5% SALT + .004 GPS CF-41L, Class C, 1.79, 13.5No.2Displacement, 216, 0, FRESH WATER, , 0, 0No.36/13/2015 40.00 HCNL-8026.50 9.700.000 4910.0012.2509.6254907.62 Intermediate

Stage

ReciprocateRotate

Bump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

1 0 599 4000 CalculatedSpacer, 20, 0, 20 BBL FRESH WATER SPACER, , 0, 0No.1Lead, 0, 945, 1% SMS + 1/4#/SK CELLO FLAKE + 5% SALT, Class C, 2.52, 12No.2Tail, 0, 150, 1/10% C-20, Class C, 1.33, 14.8No.3Spacer, 10, 0, 10 BBL FRESH WATER SPACER, , 0, 0No.4Displacement, 356, 0, 356 BBL BRINE WATER, , 0, 0No.56/25/2015 32.00 P-11025.90 6.094 11250.008.7507.00011038.71 Intermediate

Stage

ReciprocateRotate

Bump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

1 0 1520 FULL RETURNS 4859200 CirculatedSpacer, 20, 0, 20 BBLS. OF 8.4 PPG FW, , 0, 0No.1Lead, 0, 460, 11.30 PPG., 2.93 FT³/SACK YIELD, 17.03 GAL/SACK MIX WATER. LEAD ADDITIVES: 10% GEL, 6/10% SMS, 0.3% C-20, 5 LB/SACK KOLSEAL, 0.25 LB/SACK CELLOFLAKE, 5% SALT., Class H, 2.93, 11.3

No.2

Tail, 0, 75, 15.8 PPG., 1.15 FT³/SACK YIELD, 4.96 GAL/SACK MIX WATER. TAIL ADDITIVES: 0.5% FL-17, 0.05 C-51, 0.2% C-20.398 BBLS. OF SYS. FLUID, 9.6 PPG, Class H, 1.15, 15.8

No.3

Displacement, 392, 0, DISPL. W/ SYS. FLUID- 9.3 PPG, , 0, 0No.4

StageReciprocate

RotateBump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

2 0 1380 FULL RETURNS 010 CirculatedSpacer, 20, 0, 20 BBLS. OF 8.4 PPG FW, , 0, 0No.1Lead, 0, 265, 11.30 PPG, 2.92 FT³/SACK YIELD, 17.52 GAL/SACK MIX WATER. ADDITIVES: 10% GEL, 0.6% SMS, 0.2% C-20, 0.25 LB/SACK CELLOFLAKE, 5% SALT., Class H, 2.92, 11.3

No.2

Displacement, 173, 0, DISPL. W/ SYS. FLUID- 9.3 PPG, , 0, 0No.3

Time Wind Dir Wind Knots Sky Conditions Temp RemarksWeather

6:00 E 7.00 Clear 67 WIND GUST TO 17 MPH.

Mud Properties

9.80 1344 10 7/12/14 12.0 0.0 2

9.50 0.50 0.05 1.00 0105000 00.12 00.00

21:0011250

0.0

0.0 0

FL FC

pH

HTFLTime

CaCl2Lime Mud LostEDTA

Wt In PVVis YP Gels

Pm Pf Mf CaCl

Depth

LCM

MBT ES

0.0

0.0%11.0% 1.0%88.0%

0.00 1/992200

SandSolid OilWater

ECD

Wt Out

Pom O/W RatioTotal Sal.

FL Temp

0.00HTFC

0Water Lost

RUNNING 7.0'' CASING.Remarks

Hours Summary ( Daily / Cumulative )0.00Drilling 0.00Rotating 0.00Trips 0.00Circulating 0.00Down 24.00Other185 185 93 22 2 205

Page 2 of 4 7/22/2015Powered by Production Access

Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs6/25/2015 21 11250 12 - Run Casing & Cement 9.8 $72,009 $6,116,398$1,761,185

Page 80: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/25/2015

Well Name: UNIVERSITY 40-16 1

Report No: 21

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

CodeOperations

Start Hrs Remarks RunEnd DepthStart Depth

116:00 13.00 INSTALL LOGGING ADAPTER & PACK OFF. TEST TO 800 PSI. RIG UP LOGGERS. START RIH WITH LOGGING RUN. INTERMEDIATE LOGGING PROGRAM- PEX, HNGS TO ABOVE BONE SPRING (8,000'), GR/NEUTRON TO SURFACE. RIG DOWN LOGGING ADAPTER/ PACKOFF.

NIH1125011250

1219:00 2.50 INSTALL TRIP NIPPLE. HOLD PJSM WITH CASING CREWS & RIG CREWS. R/U CASING CREWS, TORQ/TURN. TEST RUN 7'' LANDING JNT.

NIH1125011250

1221:30 8.50 M/U & RUN 7.0'' - 32# - CY-P-110 - ULTRA DQX CASING. M/U FLOAT & FLOAT COLLAR. TEST EQUIPMENT. RUN CASING TO 6750'- TOTAL OF 278 JNTS. **CASING BREAK DOWN- ELEVATION- 25.90’, LANDING JNT.- 29.31’, CASING- 4,859.91’, STAGE TOOL- 4,862.88’, CASING- 10,952.77’, FLOAT COLLAR- 10,955.64’, CASING- 11,035.53’, FLOAT SHOE- 11,038.71’.** TOTAL OF 41 CENTRALIZERS WILL BE RIH. MONITORING DISPLACEMENT @ TRIP TANK, PARTIAL TO NO RETURNS. FILL CASING EVERY 40 JNTS.

NIH1125011250

24.00Total:Drilling Data

ROP:314000280000Hook Load:

Pres on Bot: Press Off Bot:0.00Slack Off: 34000Over Pull:

Kickoff Depth: 0248000Pick Up:

Crew Status: ON Remarks: NONEWOB: Motor RPM: Torque:0Rotary RPM:

0.00BHA Hours:Daily Bits

10488 11250 762 50.8 31762 15.008Jets 15 / 15 / 15 / 15 / 15 / 15 / 15 / 0

501 / 1 / CT / NO / N / 0 / 1 / TDChar (I/O/D/O/L/B/G/R)

FtgBit In Out ROP WOBTot Ftg Hrs RPM

TFA 1.196/22/2015

Date In8

BHAA198484Serial No.

10100Torq

15.00Tot Hrs

81MRPM

8.75Size

Date Out 6/24/2015REED SKHI716Manufac. Type

Ftg MRPMHrs GPMMotor Size Brand TypeMud Motors

Cum Ftg Cum Hrs8 6.75 NOV 7/8 2.9 FXD 1.5 SS 0.17 RPG 277 6 78460277 6.0

Pump No Model Liner Size Stroke Max PSI Max SPM SPM GPM Press. Slow Pump Rates/Pres.Mud Pumps

FD-1600 6 12 4450 1151 0 00 30/0 40/020/0FD-1600 6 12 4450 1152 0 00 30/0 40/020/0

Item Received Used LostBeg Inv Transfrd End InvUnitsInventory

Anco Drill 0 0 0 55 05-galBarite (Bulk) 0 0 0 6363 0tonsBarite (Sack) 0 0 0 200200 0sks

Cal Carb 0 0 0 120120 0sksCaustic Soda 0 0 0 4747 0SksD-FOAMER 0 0 0 3232 05-gal

Diesel 888 0 0 49995887 0galDRILL PAPER 0 0 0 4545 0sks

Drilzan 0 0 0 100100 0sksFiber Seal 0 0 0 6060 0sks

Gel 0 0 0 140140 0sksLime 0 0 0 100100 0sks

MF-55 0 0 0 88 05-galMica 0 0 0 8686 0sks

PALLETS 0 0 0 1010 0#salt gel 0 0 0 450450 0sksSapp 0 0 0 3131 0sks

Shrink Wrap 0 0 0 1010 0#Soda Ash 0 0 0 7575 0sksWallNut 0 0 0 5050 0sksWT22 0 0 0 3232 05-gal

Company Qty. HoursService Company Qty. HoursServicePersonnel Data

ANCHOR DRILLING FL 1 24.00MUD ENGINEER Diversified Well Logging 2 24.00Mud LoggersHalliburton Services 2 24.00MWD DIRECTIONAL D New Prospect Company 1 24.00CO MANPrecision Drilling 11 132.00Rig Crews Premier Directional 1 12.00Directional

240.00Totals 18.00

PersonnelFirst AidType Date Activity Company Name

Health Safety and Environment

Lost Time

Med Visit

Drilling 6/24/2015 PRECISION / ENERGEN / SLB ALLSAFETY MTG. WITH ALL ON RUNNING WIRELINE LOGS. OVER HEAD LOADS, WORKING AROUND SHEAVES, & WORKING WITH 3RD PARTY EQUIPMENT.

Drilling 6/24/2015 ENERGENNOTIFY TRRC OF INTENT TO RUN 7" CASING AND CEMENT @ 08:00 HRS. 6-24-2015.

Page 3 of 4 7/22/2015Powered by Production Access

Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs6/25/2015 21 11250 12 - Run Casing & Cement 9.8 $72,009 $6,116,398$1,761,185

Page 81: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/25/2015

Well Name: UNIVERSITY 40-16 1

Report No: 21

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

Daily Cost DetailsCode Remarks Daily Exp Cum ExpIDC Vendor

20.950.030IDC - ROAD & SITE CON $175,00020.950.070IDC - INSURANCE & BO $10,00020.950.080IDC - PERMITS SURVEY $45,00020.950.101IDC - DRILL - BIT $72,69420.950.102IDC - DRILL - CEMENT & $56,47420.950.103IDC - DRILL - CONTRAC $23,500 $488,500RIG & CREWSPRECISION DRILLING20.950.105IDC - DRILL - EQUIPMEN $50 $23,849DAILY H2S MINIMAL PACKAGSAFETY SOLUTIONS20.950.105IDC - DRILL - EQUIPMEN $540 $23,849DAILY RENTAL ON RCD ROTHalliburton20.950.105IDC - DRILL - EQUIPMEN $340 $23,849DUAL CHOKES & IGNITOR.IRONHORSE20.950.105IDC - DRILL - EQUIPMEN $281 $23,849DAILY RENTAL ON RAMS.THOMAS TOOLS20.950.105IDC - DRILL - EQUIPMEN $191 $23,849FORK LIFT & MAN LIFT RENTPRECISION/ NEFF20.950.106IDC - DRILL - FUEL $58,16920.950.107IDC - DRILL - EQUIPMEN $1,974 $7,658HAUL IN 4.75'' TOOLS/ BACK TOM E LEE TRUCKING20.950.109IDC - DRILL - DIRECTIO $2,750 $189,680DAILY DIRECTIONAL COSTSPREMIER DIRECTIONA20.950.109IDC - DRILL - DIRECTIO $2,000 $189,680MWDSperry Drilling Services20.950.111IDC - DRILL - MOBDEMO $75,00020.950.114IDC - DRILL - SURFACE $90 $44,5262 X LIGHT TOWERS & TRASHK.C. SERVICES20.950.114IDC - DRILL - SURFACE $60 $44,5262 X FRAC TANKSLEOS TRUCKING20.950.114IDC - DRILL - SURFACE $650 $44,526HOUSING PACKAGETAN MAR20.950.114IDC - DRILL - SURFACE $500 $44,526300 BBL. PRE-MIX & TRANSFPORTABLE MUD SYS.20.950.114IDC - DRILL - SURFACE $2,420 $44,526MOVE IN & OUT FRAC TANKSLEO'S TRUCKING20.950.114IDC - DRILL - SURFACE $186 $44,526COMMUNICATIONS PACKAGRIG NET/ LANDTEL20.950.116IDC - DRILL - DRILL PIP $30020.950.117IDC - DRILL - SPECIAL S $556 $27,747INSTALL 7.0'' LANDING MANDWEIR20.950.118IDC - DRILL - DRILLING $2,000 $22,000WELLSITE SUPERVISORNEW PROSPECT CO.20.950.150IDC - LOGGING $19,643 $21,968OPEN LOG 8.75'' SECTIONSchlumberger

$57,731 $1,483,442Total IDC:Code Remarks Daily Exp Cum ExpTDC Vendor

20.940.103TDC - DE - OTHER EQUI $1,16120.940.106TDC - DE - SURFACE CA $95,53720.940.109TDC - INTERMEDIATE C $162,04620.940.201TDC - SE - CASING/ WE $19,000

$277,744Total TDC:Total Cumulative Well Costs: $57,731 $1,761,185

Page 4 of 4 7/22/2015Powered by Production Access

Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs6/25/2015 21 11250 12 - Run Casing & Cement 9.8 $72,009 $6,116,398$1,761,185

Page 82: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/26/2015

Well Name: UNIVERSITY 40-16 1

Report No: 22

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

Surface Location: 1980 FNL, 1757 FWL - WARD, TX

Wolfcamp

$466,207$2,227,392

Formation:

Daily Costs:This AFE DHC to Date:

API Code: 4247536999

11250Start Depth(ft):

6/9/2015Spud Date:

24 Hr. Footage:

RKB to MSL: 2511250Ending Depth(ft):

$3,180,125AFE DHC:BENJAMIN DUCOTRig Supervisor 1: 318-509-9166

( ) -

RKB to CHF:$3,400,564

$1,737Total w/ Assoc AFEs :

Daily Mud Costs:

PBE1510032AFE #:

18Days from Spud:Field Name: Wellcore

0RKB to LMF:

RKB to THF:

28 - ND BOP

$2,227,392This AFE CWC to Date:

Cum Mud Costs: $161,614Rig Company:

2527.5

Rpt T. Activity:

Precision Drilling 26.5

22Report No:$6,116,398AFE Total:

Rig Supervisor 2:

C/O 13 5/8'' ANNULAR RUBBER.Operation Desc:

24-Hour Summary/Remarks: FINISH RUNNING CASING TO 11,038'. LANDED IN WELL HEAD. STARTED CIRCULATION FOR CEMENT. 17 PPM OF H2S WAS ENCOUNTERED. SIW & MONITORED UNTIL 3RD SAFETY SERVICES ARRIVED TO LOCATION. RIG SITE WAS APPROVED TO PROCEED WITH CIRCULATING CASING. CIRCULATED CASING THRU CHOKES. RIGGED UP & PUMPED 2 STAGE CEMENT JOB. SET SEAL ASSEMBLY ON 7.0'' CASING IN WELL HEAD. C/O TOP PIPE RAMS IN BOP & ANNULAR RUBBER.Next Day Operations: FINISH INSTALL OF NEW ANNULAR RUBBER. START TESTING BOPE. DRESS TOP DRIVE & RIG FLOOR FOR 4'' DRILL PIPE. LOAD OUT, STRAP, & DRIFT 4'' DRILL PIPE & BHA #9. PICK UP 6.0'' HOLE SECTION BHA. RIH. DRILL OUT STAGE TOOL. TEST CASING. DRILL FLOAT EQUIPMENT. START DRILLING 6.0'' HOLE SECTION.=========================================================================RIG RELEASED FROM UNIVERSITY 21-17 #1R @ 06:00 HRS. ON 6-4-2015.SPUD: 06/09/2015 @ 00:00 HRS.TOTAL RIG MOVE HRS.: 106 / DAYS: 4.42TOTAL HRS. FROM SPUD: 376TOTAL DAYS TO TD: -----TOTAL DAYS TO RELEASE: -----DOWNTIME HRS.: 0 TODAY / 2 TOTAL, PERCENTAGE OF DOWNTIME / NPT: 0.51%=========================================================================LAST 5" D/P INSPECTION WAS ON THE UNIVERSITY 24-17 #1H, ON 12/20/2014. CAT-4 INSPECTION - CSILAST 4'' D/P INSPECTION WAS ON THE SPECTRE ST. 54-4 #1H ST1, ON 3/8/2015. CAT-4 INSPECTION - CSILAST BHA INSPECTION WAS ON THE UNIVERSITY 21-17 #1R, ON 6/4/2015.CSI.=========================================================================SAFETY MTG. WITH ALL ON RUNNING CASING. RIG UP & DOWN OF TOOLS. CEMENTING & WORKING AROUND HIGH PSI LINES.DAYS SINCE LAST LTA: 363ORI'S TODAY: 0CREW SHORTAGES: NONE.// DOUBLES: 0=========================================================================FLUID LOST TO WELL: 0 BBLS TODAY / 320 TOTAL BBLS, **NO LEAKS OR SPILLS REPORTED OR OBSERVED**=========================================================================BHA #7: HUGHES 8 3/4" DP607X PDC // HALLIBURTON BLACK BOX SHORT // NEW GYRODATA 6 3/4" 7/8 3.3 STAGE FIXED 1.5 BEND RPG: .14 MAX DIFF: 525 GPM: 300-600 MAX TORQUE: 9,400 // 8 1/4" NM IBS // 6 3/4" NMDC // 6 3/4" HANG-OFF SUB // 6 3/4" NMDC // 8 1/4" IBS // NEW 6 3/4" SHOCK SUB // X-O SUB 4 1/2 IF x 4 1/2 XH.DAILY DRLG HRS.: 9.5, DAILY TOTAL FOOTAGE: 48', DAILY R.O.P: 19.2 FPH, TOTAL DRLG HRS.: 12.0,TOTAL FOOTAGE: 397', TOTAL RUN R.O.P: 33.1 ( PULLED FOR ROP ; BIT CHAR (I/O/D/O/L/B/G/R) 5 / 2 / WT / BT / N / 0 / 1 / PR ).

BHA #8: NOV SKHI716 PDC // HALLIBURTON BLACK BOX SHORT // NEW NOV 6 3/4" 7/8 2.9 STAGE FIXED 1.5 BEND RPG: .17 MAX DIFF: 425 GPM: 200-500 MAX TORQUE: 6,135 // 8 1/4" NM IBS // 6 3/4" NMDC // 6 3/4" HANG-OFF SUB // 6 3/4" NMDC // 8 1/4" IBS // NEW 6 3/4" SHOCK SUB // X-O SUB 4 1/2 IF x 4 1/2 XH.DAILY DRLG HRS.: 9.0, DAILY TOTAL FOOTAGE: 485', DAILY R.O.P: 53.8 FPH, TOTAL DRLG HRS.: 15.0,TOTAL FOOTAGE: 762', TOTAL RUN R.O.P: 50.8 ( PULLED FOR TD; BIT CHAR (I/O/D/O/L/B/G/R) 1 / 1 / CT / NO / N / 0 / 1 / TD ).=========================================================================20'' CONDUCTOR CSG SET @ 130'13 3/8" SURFACE CSG SET @ 1,440'9 5/8'' INT. CSG SET @ 4,907'7" INT. CSG SET @ 11,038'7'' CASING BREAK DOWN:ELEVATION- 25.90’LANDING JOINT- 29.31’CASING- 4859.91’STAGE TOOL- 4862.88’CASING- 10952.77’FLOAT COLLAR- 10955.64’CASING- 11035.53’CASING SHOE BASE- 11038.71’4.5'' PRO. CASING LINER @ XX,XXX'PROPOSED TD: 12,500'=========================================================================LAST SURVEY:MD: 11,186' INC: 3.08° AZI: 187.81° TVD: 11,180.64 VSEC SURVEY: -175.33

11244TVD:

40 / / Sec/Twn/Rng:$3,400,564Total Project Costs:

Rig Name: Precision 594Develop To: 0

JAMES WALKER 318-780-1745Tool Pusher:

Abstract: U39Location Survey: UL

Page 1 of 5 7/22/2015Powered by Production Access

Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs6/26/2015 22 11250 28 - ND BOP 9.3 $466,207 $6,116,398$2,227,392

Page 83: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/26/2015

Well Name: UNIVERSITY 40-16 1

Report No: 22

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

DLS: 0.62° TEMP : 146° F =========================================================================TRRC:NOTIFY TRRC OF INTENT TO SPUD AND SET SURFACE CASING @ 15:00 HRS. 6-8-2015 JOB # 8028.NOTIFY TRRC OF INTENT TO RUN 9 5/8" CASING AND CEMENT @ 06:00 HRS. 6-13-2015.NOTIFY TRRC OF INTENT TO RUN 7" CASING AND CEMENT @ 08:00 HRS. 6-24-2015.Weather Summary: WIND GUST TO 37 MPH.

BOP Test and Inspection Dates

Last BOP Drill Date:156/11/2015Last BOP Test:

7/2/2015BOP Test Due:6/24/2015Last Inspection:Days Since BOP Tested:

Surveys

Survey No. Inclination Azimuth TVD Vert Sect N/S(+/-) E/W(+/-) DLSSurvey Date Tie In Meas. Depth Des Azi27 10650 3.20 183.76 10645.42 -144.85 -144.85 -29.65 0.286/23/2015 0.0028 11097 3.35 179.15 11091.69 -170.36 -170.36 -30.27 0.076/24/2015 0.0029 11186 3.02 187.81 11180.55 -175.28 -175.28 -30.55 0.656/24/2015 0.00

Date Run Size Weight GradeCasing Top Shoe TestDrift TDHole SizeSet DepthCasing

Type6/8/2015 54.50 J-5527.50 10.0012.615 1440.0017.50013.3751440.18 Surface

Stage

ReciprocateRotate

Bump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

1 0 600 086 CirculatedSpacer, 20, 0, FRESH WATER, , 0, 0No.1Tail, 0, 1315, 4% GEL + 1/4#/SK CELLO FLAKE + 5% SALT + .004 GPS CF-41L, Class C, 1.79, 13.5No.2Displacement, 216, 0, FRESH WATER, , 0, 0No.36/13/2015 40.00 HCNL-8026.50 9.700.000 4910.0012.2509.6254907.62 Intermediate

Stage

ReciprocateRotate

Bump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

1 0 599 4000 CalculatedSpacer, 20, 0, 20 BBL FRESH WATER SPACER, , 0, 0No.1Lead, 0, 945, 1% SMS + 1/4#/SK CELLO FLAKE + 5% SALT, Class C, 2.52, 12No.2Tail, 0, 150, 1/10% C-20, Class C, 1.33, 14.8No.3Spacer, 10, 0, 10 BBL FRESH WATER SPACER, , 0, 0No.4Displacement, 356, 0, 356 BBL BRINE WATER, , 0, 0No.56/25/2015 32.00 P-11025.90 6.094 11250.008.7507.00011038.71 Intermediate

Stage

ReciprocateRotate

Bump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

1 0 1520 FULL RETURNS 4859200 CirculatedSpacer, 20, 0, 20 BBLS. OF 8.4 PPG FW, , 0, 0No.1Lead, 0, 460, 11.30 PPG., 2.93 FT³/SACK YIELD, 17.03 GAL/SACK MIX WATER. LEAD ADDITIVES: 10% GEL, 6/10% SMS, 0.3% C-20, 5 LB/SACK KOLSEAL, 0.25 LB/SACK CELLOFLAKE, 5% SALT., Class H, 2.93, 11.3

No.2

Tail, 0, 75, 15.8 PPG., 1.15 FT³/SACK YIELD, 4.96 GAL/SACK MIX WATER. TAIL ADDITIVES: 0.5% FL-17, 0.05 C-51, 0.2% C-20.398 BBLS. OF SYS. FLUID, 9.6 PPG, Class H, 1.15, 15.8

No.3

Displacement, 392, 0, DISPL. W/ SYS. FLUID- 9.3 PPG, , 0, 0No.4

StageReciprocate

RotateBump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

2 0 1380 FULL RETURNS 010 CirculatedSpacer, 20, 0, 20 BBLS. OF 8.4 PPG FW, , 0, 0No.1Lead, 0, 265, 11.30 PPG, 2.92 FT³/SACK YIELD, 17.52 GAL/SACK MIX WATER. ADDITIVES: 10% GEL, 0.6% SMS, 0.2% C-20, 0.25 LB/SACK CELLOFLAKE, 5% SALT., Class H, 2.92, 11.3

No.2

Displacement, 173, 0, DISPL. W/ SYS. FLUID- 9.3 PPG, , 0, 0No.3

Time Wind Dir Wind Knots Sky Conditions Temp RemarksWeather

6:00 E 9.00 Clear 71 WIND GUST TO 37 MPH.

Mud Properties

9.30 331 2 1/1/2 50.0 0.0

9.50 0.50 0.05 1.00 0105000 00.12 00.00

21:0011250

0.0

0.0 0

FL FC

pH

HTFLTime

CaCl2Lime Mud LostEDTA

Wt In PVVis YP Gels

Pm Pf Mf CaCl

Depth

LCM

MBT ES

0.0

0.0%6.0% 0.0%94.0%

0.00 2200

SandSolid OilWater

ECD

Wt Out

Pom O/W RatioTotal Sal.

FL Temp

0.00HTFC

0Water Lost

FINISH RUNNING CASING TO 11,038'. CEMENTED 2 STAGE CEMENT JOB. DUMPED ENTIRE SYS. TO RESERVE PIT.

Remarks

Hours Summary ( Daily / Cumulative )0.00Drilling 0.00Rotating 0.00Trips 3.00Circulating 0.00Down 21.00Other185 185 93 25 2 226

Page 2 of 5 7/22/2015Powered by Production Access

Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs6/26/2015 22 11250 28 - ND BOP 9.3 $466,207 $6,116,398$2,227,392

Page 84: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/26/2015

Well Name: UNIVERSITY 40-16 1

Report No: 22

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

CodeOperations

Start Hrs Remarks RunEnd DepthStart Depth

126:00 5.00 RUN CASING TO 11,038'- TOTAL OF 278 JNTS. **CASING BREAK DOWN- ELEVATION- 25.90’, LANDING JNT.- 29.31’, CASING- 4,859.91’, STAGE TOOL- 4,862.88’, CASING- 10,952.77’, FLOAT COLLAR- 10,955.64’, CASING- 11,035.53’, FLOAT SHOE- 11,038.71’.** TOTAL OF 41 CENTRALIZERS WILL BE RIH. MONITORING DISPLACEMENT @ TRIP TANK, PARTIAL TO NO RETURNS. FILL CASING EVERY 40 JNTS. LANDED CASING IN WELL HEAD. STRING WT.- 305K. RIGGED DOWN CASING CREWS & TORQ TURN.

NIH1125011250

0511:00 0.50 FILL UP CASING. START CIRCULATING CASING FOR CEMENT JOB. @ 89 BBLS. H2S ALARMS SOUNDED. 17 PPM WAS READ @ SHAKERS. WELL WAS SHUT IN. SICP- 0 PSI.

NIH1125011250

2111:30 2.00 3RD PARTY H2S MONITORING COMPANY WAS NOTIFIED OF ALARMS. WAITED 1.5 HRS. FOR HIS ARRIVAL. SERVICE EMPLOYEE. DEEMED AREA SAFE TO WORK. H2S- 1 PPM.

NIH1125011250

0513:30 2.50 CONTINUED CIRCULATING FULL CIRCULATION FOR CEMENT THRU CHOKE. CHOKE POSITION- 40%. SPM- 60. SPP- 495. **3RD PARTY H2S EMPLOYEE STAYED WITH RIG & CREWS, MONITORING AREA THE ENTIRE TIME CIRCULATION WAS IN PROGRESS. NO H2S WAS DETECTED THRU OUT REST OF JOB.

NIH1125011250

1216:00 4.50 RIG UP TO CEMENTERS. CEMENT WITH O-TEX : 1ST STG.- PUMP 2 BBLS. AHEAD & PRESSURE TEST LINES TO 3,500 PSI. PUMP 20 BBLS. OF 8.4 PPG. FRESH WATER, PUMP 460 SACKS LEAD, 240 BBLS. SLURRY (50/50 CLASS H) CEMENT @ 6 BPM. LEAD PROPERTIES: 11.30 PPG., 2.93 FT³/SACK YIELD, 17.03 GAL/SACK MIX WATER. LEAD ADDITIVES: 10% GEL, 0.6% SMS, 0.3% C-20, 5 LB./SACK KOLSEAL, 0.25 LB./SACK CELLOFLAKE, 5% SALT. PUMP 75 SACKS TAIL, 15 BBLS. SLURRY (CLASS H) CEMENT @ 6 BPM. TAIL PROPERTIES: 15.8 PPG., 1.15 FT³/SACK YIELD, 4.96 GAL/SACK MIX WATER. TAIL ADDITIVES: 0.5% FL-17, 0.05 C-51, 0.2% C-20. SHUT DOWN AND LOAD PLUG. START DISPLACEMENT WITH 20 BBLS. FRESH WATER @ 6 BPM. FROM OTEX TRUCK, OPEN UP HEAD & VERIFY PLUG LAUNCH, SWITCH OVER TO RIG & PUMP 392 BBL., 9.3 PPG. SYSTEM FLUID @ 7 BPM. INITIAL PSI. 60 PSI., FINAL 840 PSI. BUMPED PLUG WITH 1,520 PSI. (680 PSI OVER), 2 BBLS AHEAD. HELD PRESSURE FOR 5 MINUTES, BLED BACK 2 BBLS., FLOATS HOLDING. HAD 100% OF RETURNS THRU. DROP DV PHENOMIC BOMB AND WAIT 25 MINUTES, PRESSURED UP AND OPEN DV TOOL. CIRCULATED BOTTOMS UP, 2,000 STKS., 20 BBLS. CEMENT ABOVE DV TOOL. 2ND STG.- PUMP 20 BBLS. OF 8.4 PPG. FRESH WATER, PUMP 265 SACKS LEAD, 138 BBLS. SLURRY (50/50 CLASS C) CEMENT @ 6 BPM. PROPERTIES: 11.30 PPG, 2.92 FT³/SACK YIELD, 17.52 GAL/SACK MIX WATER. ADDITIVES: 10% GEL, 0.6% SMS, 0.2% C-20, 0.25 LB./SACK CELLOFLAKE, 5% SALT. SHUT DOWN AND LOAD PLUG. START DISPLACEMENT WITH 20 BBLS. FRESH WATER @ 6 BPM. FROM OTEX TRUCK, OPEN UP HEAD & VERIFY PLUG LAUNCH, PUMP 173 BBLS. 8.4 PPG. FRESH WATER @ 7 BPM. INITIAL PSI. 120 PSI., FINAL 600 PSI. BUMPED PLUG WITH 1,980 PSI. (1,380 PSI OVER), 2 BBLS. AHEAD. HELD PRESSURE FOR 5 MINUTES, BLED BACK 1.5 BBLS., FLOATS HOLDING. HAD 100% OF RETURNS THRU. SAW TRACES OF CEMENT RETURNED TO SURFACE DURING 2ND STAGE JOB.

NIH1125011250

1220:30 2.00 RIG DOWN ALL OF CEMENTERS EQUIPMENT. WASH THRU ALL LINES & WELL HEAD. REMOVE LANDING JNT. PREP & RUN IN SEAL ASSEMBLY. SET & LOCK IN ASSEMBLY. REMOVE RUNNING TOOL.

NIH1125011250

0722:30 0.50 LUBRICATE RIG. NIH11250112502823:00 7.00 C/O TOP 5'' DRILL PPE RAMS TO 4'' DRILL PIPE RAMS. REMOVE ORBIT VALVE &

FLOWLINE. BREAK & REMOVE ANNULAR CAP. REPLACE ANNULAR RUBBER. REINSTALL CAP & TORQ UP. INSTALL ORBIT VALVE & FLOWLINE.

NIH1125011250

24.00Total:Drilling Data

ROP:310000305000Hook Load:

Pres on Bot: Press Off Bot:0.00Slack Off: 20000Over Pull:

Kickoff Depth: 0300000Pick Up:

Crew Status: ON Remarks: NONEWOB: Motor RPM: Torque:0Rotary RPM:

0.00BHA Hours:Daily Bits

11250 12500 1250 34.2 231250 36.509Jets 15 / 15 / 15 / 15 / 15 / 15 / 0 / 0

752 / 2 / BT / CT / C / 0 / 1 / TDChar (I/O/D/O/L/B/G/R)

FtgBit In Out ROP WOBTot Ftg Hrs RPM

TFA 1.026/26/2015

Date In9

BHA1260923Serial No.

4850Torq

36.50Tot Hrs

196MRPM

6Size

Date Out 6/30/2015Halliburt MM53DManufac. Type

Ftg MRPMHrs GPMMotor Size Brand TypeMud Motors

Cum Ftg Cum Hrs9 5 NOV 6/7 8.0 FXD 1.5 SS 0.86 RPG 1250 39.25 1972261250 39.3

Tot LengthComponent Qty Length OD Avg ID Avg RemarksDrilling Assembly

Bit - PDC - Fixed Cutter 1 1.00 6.000 0.000 1.00 HALLIBURTON MM53D PDC 12609233Motor 1 29.20 5.000 0.000 30.20 NOV 1.5 DEG MM3605000054Stab - IB 1 4.70 4.688 2.250 34.90 NORTRAC 5.5 4101Sub - Orienting 1 22.64 4.688 2.625 57.54 HALLIBURTON HOS/MWD CP11266334Monel 1 31.12 4.688 2.688 88.66 PREMIER NMDC 475304677Stab - IB 1 4.33 4.625 2.250 92.99 PREMIER 5.5 SD25491Sub - XO 1 3.55 5.250 2.250 96.54 XT-39 BOX - 3 1/2 IF PIN 4549

Pump No Model Liner Size Stroke Max PSI Max SPM SPM GPM Press. Slow Pump Rates/Pres.Mud Pumps

FD-1600 6 12 4450 1151 0 00 30/0 40/020/0FD-1600 6 12 4450 1152 0 00 30/0 40/020/0

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Page 85: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/26/2015

Well Name: UNIVERSITY 40-16 1

Report No: 22

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

Item Received Used LostBeg Inv Transfrd End InvUnitsInventory

Anco Drill 0 0 0 55 05-galBarite (Bulk) 0 0 0 6363 0tonsBarite (Sack) 0 0 0 200200 0sks

Cal Carb 0 0 0 120120 0sksCaustic Soda 0 0 0 4747 0SksD-FOAMER 0 0 0 3232 05-gal

Diesel 574 0 0 114254999 7000galDRILL PAPER 0 0 0 4545 0sks

Drilzan 0 0 0 100100 0sksFiber Seal 0 0 0 6060 0sks

Gel 0 0 0 140140 0sksLime 0 0 0 100100 0sks

MF-55 0 0 0 88 05-galMica 0 0 0 8686 0sks

PALLETS 18 0 0 010 8#salt gel 0 0 0 450450 0sksSapp 0 0 0 3131 0sks

Shrink Wrap 18 0 0 010 8#Soda Ash 0 0 0 7575 0sksWallNut 0 0 0 5050 0sksWT22 0 0 0 3232 05-gal

Company Qty. HoursService Company Qty. HoursServicePersonnel Data

ANCHOR DRILLING FL 1 24.00MUD ENGINEER Diversified Well Logging 2 24.00Mud LoggersHalliburton Services 2 24.00MWD DIRECTIONAL D New Prospect Company 1 24.00CO MANPrecision Drilling 11 132.00Rig Crews Premier Directional 1 12.00Directional

240.00Totals 18.00

PersonnelFirst AidType Date Activity Company Name

Health Safety and Environment

Lost Time

Med Visit

Drilling 6/25/2015 PRECISION / ENERGEN / BUTCH'S / O-TEXSAFETY MTG. WITH ALL ON RUNNING CASING. RIG UP & DOWN OF TOOLS. CEMENTING & WORKING AROUND HIGH PSI LINES.

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Page 86: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/26/2015

Well Name: UNIVERSITY 40-16 1

Report No: 22

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

Daily Cost DetailsCode Remarks Daily Exp Cum ExpIDC Vendor

20.950.030IDC - ROAD & SITE CON $175,00020.950.070IDC - INSURANCE & BO $10,00020.950.080IDC - PERMITS SURVEY $45,00020.950.101IDC - DRILL - BIT $72,69420.950.102IDC - DRILL - CEMENT & $26,279 $85,305CEMENT 7.0'' CASING- 2 STAO-TEX20.950.102IDC - DRILL - CEMENT & $2,552 $85,305SERVICE HAND ON LOCATIOHalliburton20.950.103IDC - DRILL - CONTRAC $23,500 $512,000RIG & CREWSPRECISION DRILLING20.950.105IDC - DRILL - EQUIPMEN $191 $25,251FORK LIFT & MAN LIFT RENTPRECISION/ NEFF20.950.105IDC - DRILL - EQUIPMEN $540 $25,251DAILY RENTAL ON RCD ROTHalliburton20.950.105IDC - DRILL - EQUIPMEN $50 $25,251DAILY H2S MINIMAL PACKAGSAFETY SOLUTIONS20.950.105IDC - DRILL - EQUIPMEN $281 $25,251DAILY RENTAL ON RAMS.THOMAS TOOLS20.950.105IDC - DRILL - EQUIPMEN $340 $25,251DUAL CHOKES & IGNITOR.IRONHORSE20.950.106IDC - DRILL - FUEL $14,463 $72,633RIG FUEL- 7000 GALS.BLUE STREAK20.950.107IDC - DRILL - EQUIPMEN $7,65820.950.109IDC - DRILL - DIRECTIO $2,000 $194,430MWDSperry Drilling Services20.950.109IDC - DRILL - DIRECTIO $2,750 $194,430DAILY DIRECTIONAL COSTSPREMIER DIRECTIONA20.950.111IDC - DRILL - MOBDEMO $75,00020.950.114IDC - DRILL - SURFACE $186 $46,102COMMUNICATIONS PACKAGRIG NET/ LANDTEL20.950.114IDC - DRILL - SURFACE $650 $46,102HOUSING PACKAGETAN MAR20.950.114IDC - DRILL - SURFACE $90 $46,1022 X LIGHT TOWERS & TRASHK.C. SERVICES20.950.114IDC - DRILL - SURFACE $60 $46,1022 X FRAC TANKSLEOS TRUCKING20.950.114IDC - DRILL - SURFACE $590 $46,102300 BBL. PRE-MIX & TRANSFPORTABLE MUD SYS.20.950.116IDC - DRILL - DRILL PIP $30020.950.117IDC - DRILL - SPECIAL S $1,282 $48,548CLEAN, DRIFT, & STRAP 9.62K.C. SERVICES20.950.117IDC - DRILL - SPECIAL S $1,883 $48,548CLEAN, DRIFT, & STRAP 7.0'' K.C. SERVICES20.950.117IDC - DRILL - SPECIAL S $1,140 $48,548SERVICE HAND TO INSTALL WEIR20.950.117IDC - DRILL - SPECIAL S $7,991 $48,548RUN 11,038' OF 7.0'' CASINGBUTCH'S CASING20.950.117IDC - DRILL - SPECIAL S $5,500 $48,548TORQ/ TURN SERVICESSOUTHERN CONNECTI20.950.117IDC - DRILL - SPECIAL S $3,006 $48,548ULTRA THREAD REPRESENTTMK20.950.118IDC - DRILL - DRILLING $2,000 $24,000WELLSITE SUPERVISORNEW PROSPECT CO.20.950.150IDC - LOGGING $21,968

$97,323 $1,585,382Total IDC:Code Remarks Daily Exp Cum ExpTDC Vendor

20.940.103TDC - DE - OTHER EQUI $1,16120.940.106TDC - DE - SURFACE CA $95,53720.940.109TDC - INTERMEDIATE C $16,348 $526,312FLOAT EQUIPMENT, STAGE Halliburton20.940.109TDC - INTERMEDIATE C $347,918 $526,31211,038' OF 7.0'' 32# CY P110 SOONER PIPE20.940.201TDC - SE - CASING/ WE $19,000

$364,266 $642,010Total TDC:Total Cumulative Well Costs: $461,589 $2,227,392

Page 5 of 5 7/22/2015Powered by Production Access

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Page 87: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/27/2015

Well Name: UNIVERSITY 40-16 1

Report No: 23

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

Surface Location: 1980 FNL, 1757 FWL - WARD, TX

Wolfcamp

$64,882$2,292,274

Formation:

Daily Costs:This AFE DHC to Date:

API Code: 4247536999

11250Start Depth(ft):

6/9/2015Spud Date:

24 Hr. Footage:

RKB to MSL: 2511250Ending Depth(ft):

$3,180,125AFE DHC:BENJAMIN DUCOTRig Supervisor 1: 318-509-9166

( ) -

RKB to CHF:$3,400,564

$6,918Total w/ Assoc AFEs :

Daily Mud Costs:

PBE1510032AFE #:

19Days from Spud:Field Name: Wellcore

0RKB to LMF:

RKB to THF:

06 - Trips

$2,292,274This AFE CWC to Date:

Cum Mud Costs: $168,532Rig Company:

2527.5

Rpt T. Activity:

Precision Drilling 26.5

23Report No:$6,116,398AFE Total:

Rig Supervisor 2:

PICKING UP 4'' DRILL PIPE. GOING IN HOLE WITH NEW 6.0'' BHA.Operation Desc:

24-Hour Summary/Remarks: FINISH C/O PIPE RAMS & REPLACING ANNULAR RUBBER. TEST BOPE. TRANSFER NEW MUD TO ACTIVE SYS. & CIRCU OVER SHAKERS. LOAD OUT, STRAP, & DRIFT 4'' DRILL PIPE. C/O TOP DRIVE SAVER SUB, GUIDE, & DIE BLOCKS. LOAD OUT BHA #9. PICK UP BHA #9. TEST TOOLS. RIH, PICKING UP DRILL PIPE OFF OF RACK.Next Day Operations: CONTINUE PICKING UP DRILL PIPE. DRILL OUT DV TOOL. CONTINUE PICKING UP DRILL PIPE. TEST CASING. DRILL OUT FLOAT EQUIPMENT. START DRILLING 6.0'' HOLE SECTION.=========================================================================RIG RELEASED FROM UNIVERSITY 21-17 #1R @ 06:00 HRS. ON 6-4-2015.SPUD: 06/09/2015 @ 00:00 HRS.TOTAL RIG MOVE HRS.: 106 / DAYS: 4.42TOTAL HRS. FROM SPUD: 400TOTAL DAYS TO TD: -----TOTAL DAYS TO RELEASE: -----DOWNTIME HRS.: 0 TODAY / 2 TOTAL, PERCENTAGE OF DOWNTIME / NPT: 0.47%=========================================================================LAST 5" D/P INSPECTION WAS ON THE UNIVERSITY 24-17 #1H, ON 12/20/2014. CAT-4 INSPECTION - CSILAST 4'' D/P INSPECTION WAS ON THE SPECTRE ST. 54-4 #1H ST1, ON 3/8/2015. CAT-4 INSPECTION - CSILAST BHA INSPECTION WAS ON THE UNIVERSITY 21-17 #1R, ON 6/4/2015.CSI.=========================================================================SAFETY MEETING WITH ALL ON TESTING BOPE, HIGH PSI LINES, OVER HEAD EQUIPMENT.DAYS SINCE LAST LTA: 364ORI'S TODAY: 0CREW SHORTAGES: NONE.// DOUBLES: 0=========================================================================FLUID LOST TO WELL: 0 BBLS TODAY / 320 TOTAL BBLS, **NO LEAKS OR SPILLS REPORTED OR OBSERVED**=========================================================================BHA #8: NOV SKHI716 PDC // HALLIBURTON BLACK BOX SHORT // NEW NOV 6 3/4" 7/8 2.9 STAGE FIXED 1.5 BEND RPG: .17 MAX DIFF: 425 GPM: 200-500 MAX TORQUE: 6,135 // 8 1/4" NM IBS // 6 3/4" NMDC // 6 3/4" HANG-OFF SUB // 6 3/4" NMDC // 8 1/4" IBS // NEW 6 3/4" SHOCK SUB // X-O SUB 4 1/2 IF x 4 1/2 XH.DAILY DRLG HRS.: 9.0, DAILY TOTAL FOOTAGE: 485', DAILY R.O.P: 53.8 FPH, TOTAL DRLG HRS.: 15.0,TOTAL FOOTAGE: 762', TOTAL RUN R.O.P: 50.8 ( PULLED FOR TD; BIT CHAR (I/O/D/O/L/B/G/R) 1 / 1 / CT / NO / N / 0 / 1 / TD ).

BHA #9: HALLIBURTON MM53D PDC, DRESSED 6X15 (TFA: 0.982), 5" NOV 1.5° FXD. -6/7, 8.0 STG., 0.86 RPG MOTOR, BEARING HOUSING, SLICK W/ FLOAT, NM 5 1/2" STAB, HOS/ MWD, NMDC, NM 5 1/2" STAB, 3 1/2'' IFP x 4" XT-39B, TOTAL LENGTH - 96.54'.DAILY DRLG HRS.: X.X, DAILY TOTAL FOOTAGE: XXX', DAILY R.O.P: XX.X FPH, TOTAL DRLG HRS.: XX.X,TOTAL FOOTAGE: X,XXX', TOTAL RUN R.O.P: XX.X ( PULLED FOR ).

=========================================================================20'' CONDUCTOR CSG SET @ 130'13 3/8" SURFACE CSG SET @ 1,440' - 54.5# - J-55 - BTC9 5/8'' INT. CSG SET @ 4,907' - 40# - L-80 - BTC7" INT. CSG SET @ 11,038' - - 32# - CY-P-110 - ULTRA DQX7'' CASING BREAK DOWN:ELEVATION- 25.90’LANDING JOINT- 29.31’CASING- 4859.91’STAGE TOOL- 4862.88’CASING- 10952.77’FLOAT COLLAR- 10955.64’CASING- 11035.53’CASING SHOE BASE- 11038.71’4.5'' PRO. CASING LINER @ XX,XXX'PROPOSED TD: 12,500'=========================================================================LAST SURVEY:MD: 11,186' INC: 3.08° AZI: 187.81° TVD: 11,180.64 VSEC SURVEY: -175.33 DLS: 0.62° TEMP : 146° F =========================================================================

11244TVD:

40 / / Sec/Twn/Rng:$3,400,564Total Project Costs:

Rig Name: Precision 594Develop To: 0

JAMES WALKER 318-780-1745Tool Pusher:

Abstract: U39Location Survey: UL

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Page 88: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/27/2015

Well Name: UNIVERSITY 40-16 1

Report No: 23

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

TRRC:NOTIFY TRRC OF INTENT TO SPUD AND SET SURFACE CASING @ 15:00 HRS. 6-8-2015 JOB # 8028.NOTIFY TRRC OF INTENT TO RUN 9 5/8" CASING AND CEMENT @ 06:00 HRS. 6-13-2015.NOTIFY TRRC OF INTENT TO RUN 7" CASING AND CEMENT @ 08:00 HRS. 6-24-2015.Weather Summary: A SHOWER OR THUNDERSTORM.

BOP Test and Inspection Dates

Last BOP Drill Date:166/11/2015Last BOP Test:

7/2/2015BOP Test Due:6/24/2015Last Inspection:Days Since BOP Tested:

Surveys

Survey No. Inclination Azimuth TVD Vert Sect N/S(+/-) E/W(+/-) DLSSurvey Date Tie In Meas. Depth Des Azi27 10650 3.20 183.76 10645.42 -144.85 -144.85 -29.65 0.286/23/2015 0.0028 11097 3.35 179.15 11091.69 -170.36 -170.36 -30.27 0.076/24/2015 0.0029 11186 3.02 187.81 11180.55 -175.28 -175.28 -30.55 0.656/24/2015 0.00

Date Run Size Weight GradeCasing Top Shoe TestDrift TDHole SizeSet DepthCasing

Type6/8/2015 54.50 J-5527.50 10.0012.615 1440.0017.50013.3751440.18 Surface

Stage

ReciprocateRotate

Bump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

1 0 600 086 CirculatedSpacer, 20, 0, FRESH WATER, , 0, 0No.1Tail, 0, 1315, 4% GEL + 1/4#/SK CELLO FLAKE + 5% SALT + .004 GPS CF-41L, Class C, 1.79, 13.5No.2Displacement, 216, 0, FRESH WATER, , 0, 0No.36/13/2015 40.00 HCNL-8026.50 9.700.000 4910.0012.2509.6254907.62 Intermediate

Stage

ReciprocateRotate

Bump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

1 0 599 4000 CalculatedSpacer, 20, 0, 20 BBL FRESH WATER SPACER, , 0, 0No.1Lead, 0, 945, 1% SMS + 1/4#/SK CELLO FLAKE + 5% SALT, Class C, 2.52, 12No.2Tail, 0, 150, 1/10% C-20, Class C, 1.33, 14.8No.3Spacer, 10, 0, 10 BBL FRESH WATER SPACER, , 0, 0No.4Displacement, 356, 0, 356 BBL BRINE WATER, , 0, 0No.56/25/2015 32.00 P-11025.90 6.094 11250.008.7507.00011038.71 Intermediate

Stage

ReciprocateRotate

Bump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

1 0 1520 FULL RETURNS 4859200 CirculatedSpacer, 20, 0, 20 BBLS. OF 8.4 PPG FW, , 0, 0No.1Lead, 0, 460, 11.30 PPG., 2.93 FT³/SACK YIELD, 17.03 GAL/SACK MIX WATER. LEAD ADDITIVES: 10% GEL, 6/10% SMS, 0.3% C-20, 5 LB/SACK KOLSEAL, 0.25 LB/SACK CELLOFLAKE, 5% SALT., Class H, 2.93, 11.3

No.2

Tail, 0, 75, 15.8 PPG., 1.15 FT³/SACK YIELD, 4.96 GAL/SACK MIX WATER. TAIL ADDITIVES: 0.5% FL-17, 0.05 C-51, 0.2% C-20.398 BBLS. OF SYS. FLUID, 9.6 PPG, Class H, 1.15, 15.8

No.3

Displacement, 392, 0, DISPL. W/ SYS. FLUID- 9.3 PPG, , 0, 0No.4

StageReciprocate

RotateBump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

2 0 1380 FULL RETURNS 010 CirculatedSpacer, 20, 0, 20 BBLS. OF 8.4 PPG FW, , 0, 0No.1Lead, 0, 265, 11.30 PPG, 2.92 FT³/SACK YIELD, 17.52 GAL/SACK MIX WATER. ADDITIVES: 10% GEL, 0.6% SMS, 0.2% C-20, 0.25 LB/SACK CELLOFLAKE, 5% SALT., Class H, 2.92, 11.3

No.2

Displacement, 173, 0, DISPL. W/ SYS. FLUID- 9.3 PPG, , 0, 0No.3

Time Wind Dir Wind Knots Sky Conditions Temp RemarksWeather

6:00 NE 5.00 CLOUDY 70 A SHOWER OR THUNDERSTORM.

Mud Properties

12.70 2044 11 4/6/12 11.4 0.0

10.70 2.60 0.60 1.40 078000 00.55 00.00

21:0011250

0.0

0.0 0

FL FC

pH

HTFLTime

CaCl2Lime Mud LostEDTA

Wt In PVVis YP Gels

Pm Pf Mf CaCl

Depth

LCM

MBT ES

0.0

0.0%17.0% 0.0%83.0%

0.00 280

SandSolid OilWater

ECD

Wt Out

Pom O/W RatioTotal Sal.

FL Temp

0.00HTFC

0Water Lost

CLEANED PITS. ADDED 12.7 PPG LIQUID MUD TO SYS. TREAT OUT HARDNESS W/ SODA ASH. LOWERED FL TO LESS THAN A 12 CC W/ STARCH. ADDED CAUSTIC FOR PH.

Remarks

Hours Summary ( Daily / Cumulative )0.00Drilling 0.00Rotating 8.50Trips 0.00Circulating 0.00Down 15.50Other185 185 101 25 2 241

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Page 89: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/27/2015

Well Name: UNIVERSITY 40-16 1

Report No: 23

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

CodeOperations

Start Hrs Remarks RunEnd DepthStart Depth

286:00 6.00 FINISH C/O TOP 5'' DRILL PIPE RAMS TO 4'' DRILL PIPE RAMS. BREAK & REMOVE ANNULAR CAP. REPLACE ANNULAR RUBBER. O-RING SEAL FOR ANNULAR CAP WAS NOT THE CORRECT SIZE, WAITED FOR 2.0 HRS. FIELD TECH TO ARRIVE WITH CORRECT SEAL TO CONTINUE. REINSTALL CAP & TORQ UP. INSTALL ORBIT VALVE & FLOWLINE.

NIH1125011250

1512:00 2.75 R/U MONAHAN'S TESTER, TEST CHOKES TO 250 LOW/ 7,500 HIGH & TEST FLOOR VALVES, RIG DOWN CASING BAILS AND ELEVATORS. TEST RAMS, FLOOR VALVES TO 250 LOW/ 7,500' HIGH, HYDRIL 250 LOW/ 3,500 HIGH, MANUAL TD TIW 250 LOW / 7,500 HIGH. 5 MIN. HIGH & 5 MIN. LOW, RIG DOWN TESTER, FUNCTION TEST ACCUMULATOR.

NIH1125011250

2114:45 6.25 C/O TOP DRIVE SAVER SUB & GUIDES. LOAD OUT, DRIFT, & STRAP 4'' DRILL PIPE & BHA. MIX & MOVE MUD TO MUD TANKS. C/O SHAKER SCREENS TO 200'S.

NIH1125011250

0721:00 0.50 LUBRICATE RIG. NIH11250112500621:30 2.50 PICK UP BHA #9: HALLIBURTON MM53D PDC, DRESSED 6X15 (TFA: 0.982), 5" NOV 1.5°

FXD. -6/7, 8.0 STG., 0.86 RPG MOTOR, BEARING HOUSING, SLICK W/ FLOAT, NM 5 1/2" STAB, HOS/ MWD, NMDC, NM 5 1/2" STAB, 3 1/2'' IFP x 4" XT-39B, TOTAL LENGTH - 96.54'. TEST TOOLS.

91125011250

060:00 6.00 RIH WITH BHA #9, PICKING UP DRILL PIPE OFF OF RACK TO 4,350' 9112501125024.00Total:

Drilling Data

ROP:310000305000Hook Load:

Pres on Bot: Press Off Bot:0.00Slack Off: 20000Over Pull:

Kickoff Depth: 0300000Pick Up:

Crew Status: ON Remarks: NONEWOB: Motor RPM: Torque:0Rotary RPM:

0.00BHA Hours:Daily Bits

11250 12500 1250 34.2 231250 36.509Jets 15 / 15 / 15 / 15 / 15 / 15 / 0 / 0

752 / 2 / BT / CT / C / 0 / 1 / TDChar (I/O/D/O/L/B/G/R)

FtgBit In Out ROP WOBTot Ftg Hrs RPM

TFA 1.026/26/2015

Date In9

BHA1260923Serial No.

4850Torq

36.50Tot Hrs

196MRPM

6Size

Date Out 6/30/2015Halliburt MM53DManufac. Type

Ftg MRPMHrs GPMMotor Size Brand TypeMud Motors

Cum Ftg Cum Hrs9 5 NOV 6/7 8.0 FXD 1.5 SS 0.86 RPG 1250 39.25 1972261250 39.3

Tot LengthComponent Qty Length OD Avg ID Avg RemarksDrilling Assembly

Bit - PDC - Fixed Cutter 1 1.00 6.000 0.000 1.00 HALLIBURTON MM53D PDC 12609233Motor 1 29.20 5.000 0.000 30.20 NOV 1.5 DEG MM3605000054Stab - IB 1 4.70 4.688 2.250 34.90 NORTRAC 5.5 4101Sub - Orienting 1 22.64 4.688 2.625 57.54 HALLIBURTON HOS/MWD CP11266334Monel 1 31.12 4.688 2.688 88.66 PREMIER NMDC 475304677Stab - IB 1 4.33 4.625 2.250 92.99 PREMIER 5.5 SD25491Sub - XO 1 3.55 5.250 2.250 96.54 XT-39 BOX - 3 1/2 IF PIN 4549

Pump No Model Liner Size Stroke Max PSI Max SPM SPM GPM Press. Slow Pump Rates/Pres.Mud Pumps

FD-1600 6 12 4450 1151 0 00 30/0 40/020/0FD-1600 6 12 4450 1152 0 00 30/0 40/020/0

Item Received Used LostBeg Inv Transfrd End InvUnitsInventory

Anco Drill 0 0 0 55 05-galBarite (Bulk) 0 0 0 6363 0tonsBarite (Sack) 0 0 0 200200 0sks

Cal Carb 0 0 0 120120 0sksCaustic Soda 3 0 0 4447 0SksD-FOAMER 0 0 0 3232 05-gal

Diesel 547 0 0 1087811425 0galDRILL PAPER 0 0 0 4545 0sks

Drilzan 0 0 0 100100 0sksFiber Seal 0 0 0 6060 0sks

FOAM BREAK 0 0 0 320 325-galGel 0 0 0 140140 0sks

Lime 0 0 0 100100 0sksMF-55 0 0 0 88 05-galMica 0 0 0 8686 0sks

PALLETS 0 0 0 100 10#salt gel 0 0 0 450450 0sksSapp 0 0 0 3131 0sks

Shrink Wrap 0 0 0 100 10#Soda Ash 50 0 0 17575 150sksWallNut 0 0 0 5050 0sks

White Starch 60 0 0 1400 200sksWT22 0 0 0 3232 05-gal

Page 3 of 4 7/22/2015Powered by Production Access

Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs6/27/2015 23 11250 06 - Trips 12.7 $64,882 $6,116,398$2,292,274

Page 90: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/27/2015

Well Name: UNIVERSITY 40-16 1

Report No: 23

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

Company Qty. HoursService Company Qty. HoursServicePersonnel Data

ANCHOR DRILLING FL 1 24.00MUD ENGINEER Diversified Well Logging 2 24.00Mud LoggersHalliburton Services 2 24.00MWD DIRECTIONAL D New Prospect Company 1 24.00CO MANPrecision Drilling 11 132.00Rig Crews Premier Directional 1 12.00Directional

240.00Totals 18.00

PersonnelFirst AidType Date Activity Company Name

Health Safety and Environment

Lost Time

Med Visit

Drilling 6/26/2015 ENERGEN / PRECISION / MONAHANS ALLSAFETY MEETING WITH ALL ON TESTING BOPE, HIGH PSI LINES, OVER HEAD EQUIPMENT.

Daily Cost DetailsCode Remarks Daily Exp Cum ExpIDC Vendor

20.950.030IDC - ROAD & SITE CON $175,00020.950.070IDC - INSURANCE & BO $10,00020.950.080IDC - PERMITS SURVEY $45,00020.950.101IDC - DRILL - BIT $72,69420.950.102IDC - DRILL - CEMENT & $85,30520.950.103IDC - DRILL - CONTRAC $23,500 $535,500RIG & CREWSPRECISION DRILLING20.950.105IDC - DRILL - EQUIPMEN $50 $27,253DAILY H2S MINIMAL PACKAGSAFETY SOLUTIONS20.950.105IDC - DRILL - EQUIPMEN $191 $27,253FORK LIFT & MAN LIFT RENTPRECISION/ NEFF20.950.105IDC - DRILL - EQUIPMEN $600 $27,2534'' ROTATING HEAD RUBBERHalliburton20.950.105IDC - DRILL - EQUIPMEN $540 $27,253DAILY RENTAL ON RCD ROTHalliburton20.950.105IDC - DRILL - EQUIPMEN $340 $27,253DUAL CHOKES & IGNITOR.IRONHORSE20.950.105IDC - DRILL - EQUIPMEN $281 $27,253DAILY RENTAL ON RAMS.THOMAS TOOLS20.950.106IDC - DRILL - FUEL $72,63320.950.107IDC - DRILL - EQUIPMEN $7,65820.950.109IDC - DRILL - DIRECTIO $8,825 $207,255DAILY DIRECTIONAL COSTSPREMIER DIRECTIONA20.950.109IDC - DRILL - DIRECTIO $4,000 $207,255MWDSperry Drilling Services20.950.111IDC - DRILL - MOBDEMO $75,00020.950.114IDC - DRILL - SURFACE $650 $47,678HOUSING PACKAGETAN MAR20.950.114IDC - DRILL - SURFACE $590 $47,678300 BBL. PRE-MIX & TRANSFPORTABLE MUD SYS.20.950.114IDC - DRILL - SURFACE $60 $47,6782 X FRAC TANKSLEOS TRUCKING20.950.114IDC - DRILL - SURFACE $90 $47,6782 X LIGHT TOWERS & TRASHK.C. SERVICES20.950.114IDC - DRILL - SURFACE $186 $47,678COMMUNICATIONS PACKAGRIG NET/ LANDTEL20.950.116IDC - DRILL - DRILL PIP $1,250 $7,1904'' XT-39 DRILL PIPE PACKAGCASEY EQUIPMENT20.950.116IDC - DRILL - DRILL PIP $5,640 $7,190INSPECT ALL PD BHACSI20.950.117IDC - DRILL - SPECIAL S $3,960 $54,719NIPPLE DOWN ANNULAR/ TOMonahans Nipple-Up20.950.117IDC - DRILL - SPECIAL S $1,800 $54,719TEST BOPEMonahans Nipple-Up20.950.117IDC - DRILL - SPECIAL S $411 $54,71912 BOP BOLT/ STUDS & NUTKnight Oil Tools20.950.118IDC - DRILL - DRILLING $5,000 $29,000WELLSITE SUPERVISORNEW PROSPECT CO.20.950.150IDC - LOGGING $21,968

$57,964 $1,650,265Total IDC:Code Remarks Daily Exp Cum ExpTDC Vendor

20.940.103TDC - DE - OTHER EQUI $1,16120.940.106TDC - DE - SURFACE CA $95,53720.940.109TDC - INTERMEDIATE C $526,31220.940.201TDC - SE - CASING/ WE $19,000

$642,010Total TDC:Total Cumulative Well Costs: $57,964 $2,292,274

Page 4 of 4 7/22/2015Powered by Production Access

Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs6/27/2015 23 11250 06 - Trips 12.7 $64,882 $6,116,398$2,292,274

Page 91: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/28/2015

Well Name: UNIVERSITY 40-16 1

Report No: 24

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

Surface Location: 1980 FNL, 1757 FWL - WARD, TX

Wolfcamp

$48,500$2,340,775

Formation:

Daily Costs:This AFE DHC to Date:

API Code: 4247536999

11250Start Depth(ft):

6/9/2015Spud Date:

24 Hr. Footage:

RKB to MSL: 2511521Ending Depth(ft):

$3,180,125AFE DHC:BENJAMIN DUCOTRig Supervisor 1: 318-509-9166

( ) -

RKB to CHF:$3,400,564

$3,715Total w/ Assoc AFEs :

Daily Mud Costs:

PBE1510032AFE #:

20Days from Spud:Field Name: Wellcore

271RKB to LMF:

RKB to THF:

08 - Rig Repair

$2,340,775This AFE CWC to Date:

Cum Mud Costs: $172,248Rig Company:

2527.5

Rpt T. Activity:

Precision Drilling 26.5

24Report No:$6,116,398AFE Total:

Rig Supervisor 2:

REPLACING WASHED OUT TOP DRIVE SUB.Operation Desc:

24-Hour Summary/Remarks: PICKED DRILL PIPE TO STAGE TOOL. DRILLED OUT STAGE TOOL. FINISH PICKING DRILL PIPE. TAGGED FLOAT EQUIPMENT. TEST CASING TO 1,500 PSI. DRILL OUT FLOAT EQUIPMENT. DRILLED AHEAD IN 6.0'' HOLE SECTION. SAVER SUB & TOP JOINT HAD A WASH OUT, REPLACE SAME.

TOTAL 24 HR. FOOTAGE: 271'AVERAGE ROP: 67.7Next Day Operations: CONTINUE DRILLING AHEAD IN 6.0'' HOLE SECTION TO PROPSOED TD OF 12,500'.=========================================================================RIG RELEASED FROM UNIVERSITY 21-17 #1R @ 06:00 HRS. ON 6-4-2015.SPUD: 06/09/2015 @ 00:00 HRS.TOTAL RIG MOVE HRS.: 106 / DAYS: 4.42TOTAL HRS. FROM SPUD: 424TOTAL DAYS TO TD: -----TOTAL DAYS TO RELEASE: -----DOWNTIME HRS.: 2 TODAY / 4 TOTAL, PERCENTAGE OF DOWNTIME / NPT: 0.69%=========================================================================LAST 5" D/P INSPECTION WAS ON THE UNIVERSITY 24-17 #1H, ON 12/20/2014. CAT-4 INSPECTION - CSILAST 4'' D/P INSPECTION WAS ON THE SPECTRE ST. 54-4 #1H ST1, ON 3/8/2015. CAT-4 INSPECTION - CSILAST BHA INSPECTION WAS ON THE UNIVERSITY 21-17 #1R, ON 6/4/2015.CSI.=========================================================================SAFETY MEETING WITH ALL ON PICKING UP DRILL PIPE. PULLING SLIPS. KEEPING LINE OF FIRE CLEAR. USING TEAM WORK & GOOD COMMIUNICATION.DAYS SINCE LAST LTA: 365ORI'S TODAY: 0CREW SHORTAGES: NONE.// DOUBLES: 0=========================================================================FLUID LOST TO WELL: 0 BBLS TODAY / 320 TOTAL BBLS, **NO LEAKS OR SPILLS REPORTED OR OBSERVED**=========================================================================BHA #8: NOV SKHI716 PDC // HALLIBURTON BLACK BOX SHORT // NEW NOV 6 3/4" 7/8 2.9 STAGE FIXED 1.5 BEND RPG: .17 MAX DIFF: 425 GPM: 200-500 MAX TORQUE: 6,135 // 8 1/4" NM IBS // 6 3/4" NMDC // 6 3/4" HANG-OFF SUB // 6 3/4" NMDC // 8 1/4" IBS // NEW 6 3/4" SHOCK SUB // X-O SUB 4 1/2 IF x 4 1/2 XH.DAILY DRLG HRS.: 9.0, DAILY TOTAL FOOTAGE: 485', DAILY R.O.P: 53.8 FPH, TOTAL DRLG HRS.: 15.0,TOTAL FOOTAGE: 762', TOTAL RUN R.O.P: 50.8 ( PULLED FOR TD; BIT CHAR (I/O/D/O/L/B/G/R) 1 / 1 / CT / NO / N / 0 / 1 / TD ).

BHA #9: HALLIBURTON MM53D PDC, DRESSED 6X15 (TFA: 0.982), 5" NOV 1.5° FXD. -6/7, 8.0 STG., 0.86 RPG MOTOR, BEARING HOUSING, SLICK W/ FLOAT, NM 5 1/2" STAB, HOS/ MWD, NMDC, NM 5 1/2" STAB, 3 1/2'' IFP x 4" XT-39B, TOTAL LENGTH - 96.54'.DAILY DRLG HRS.: 5, DAILY TOTAL FOOTAGE: 271', DAILY R.O.P: 54.2 FPH, TOTAL DRLG HRS.: 5.0,TOTAL FOOTAGE: 271', TOTAL RUN R.O.P: 54.2 ( PULLED FOR ).=========================================================================20'' CONDUCTOR CSG SET @ 130'13 3/8" SURFACE CSG SET @ 1,440' - 54.5# - J-55 - BTC9 5/8'' INT. CSG SET @ 4,907' - 40# - L-80 - BTC7" INT. CSG SET @ 11,038' - - 32# - CY-P-110 - ULTRA DQX7'' CASING BREAK DOWN:ELEVATION- 25.90’LANDING JOINT- 29.31’CASING- 4859.91’STAGE TOOL- 4862.88’CASING- 10952.77’FLOAT COLLAR- 10955.64’CASING- 11035.53’CASING SHOE BASE- 11038.71’4.5'' PRO. CASING LINER @ XX,XXX'PROPOSED TD: 12,500'=========================================================================LAST SURVEY:MD: 11,286' INC: 2.74° AZI: 180.74° TVD: 11,280.52 VSEC SURVEY: -180.38 DLS: 0.49°

11515TVD:

40 / / Sec/Twn/Rng:$3,400,564Total Project Costs:

Rig Name: Precision 594Develop To: 0

JAMES WALKER 318-780-1745Tool Pusher:

Abstract: U39Location Survey: UL

Page 1 of 5 7/22/2015Powered by Production Access

Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs6/28/2015 24 11521 08 - Rig Repair 12.5 $48,500 $6,116,398$2,340,775

Page 92: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/28/2015

Well Name: UNIVERSITY 40-16 1

Report No: 24

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

TEMP : 154° F =========================================================================TRRC:NOTIFY TRRC OF INTENT TO SPUD AND SET SURFACE CASING @ 15:00 HRS. 6-8-2015 JOB # 8028.NOTIFY TRRC OF INTENT TO RUN 9 5/8" CASING AND CEMENT @ 06:00 HRS. 6-13-2015.NOTIFY TRRC OF INTENT TO RUN 7" CASING AND CEMENT @ 08:00 HRS. 6-24-2015.Weather Summary: WIND GUST TO 22 MPH.

BOP Test and Inspection Dates

Last BOP Drill Date:26/26/2015Last BOP Test:

7/9/2015BOP Test Due:6/24/2015Last Inspection:Days Since BOP Tested:

Surveys

Survey No. Inclination Azimuth TVD Vert Sect N/S(+/-) E/W(+/-) DLSSurvey Date Tie In Meas. Depth Des Azi28 11097 3.35 179.15 11091.69 -170.36 -170.36 -30.27 0.076/24/2015 0.0029 11186 3.02 187.81 11180.55 -175.28 -175.28 -30.55 0.656/24/2015 0.0030 11286 2.74 180.74 11280.42 -180.28 -180.28 -30.94 0.456/28/2015 0.00

Date Run Size Weight GradeCasing Top Shoe TestDrift TDHole SizeSet DepthCasing

Type6/8/2015 54.50 J-5527.50 10.0012.615 1440.0017.50013.3751440.18 Surface

Stage

ReciprocateRotate

Bump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

1 0 600 086 CirculatedSpacer, 20, 0, FRESH WATER, , 0, 0No.1Tail, 0, 1315, 4% GEL + 1/4#/SK CELLO FLAKE + 5% SALT + .004 GPS CF-41L, Class C, 1.79, 13.5No.2Displacement, 216, 0, FRESH WATER, , 0, 0No.36/13/2015 40.00 HCNL-8026.50 9.700.000 4910.0012.2509.6254907.62 Intermediate

Stage

ReciprocateRotate

Bump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

1 0 599 4000 CalculatedSpacer, 20, 0, 20 BBL FRESH WATER SPACER, , 0, 0No.1Lead, 0, 945, 1% SMS + 1/4#/SK CELLO FLAKE + 5% SALT, Class C, 2.52, 12No.2Tail, 0, 150, 1/10% C-20, Class C, 1.33, 14.8No.3Spacer, 10, 0, 10 BBL FRESH WATER SPACER, , 0, 0No.4Displacement, 356, 0, 356 BBL BRINE WATER, , 0, 0No.56/25/2015 32.00 P-11025.90 6.094 11250.008.7507.00011038.71 Intermediate

Stage

ReciprocateRotate

Bump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

1 0 1520 FULL RETURNS 4859200 CirculatedSpacer, 20, 0, 20 BBLS. OF 8.4 PPG FW, , 0, 0No.1Lead, 0, 460, 11.30 PPG., 2.93 FT³/SACK YIELD, 17.03 GAL/SACK MIX WATER. LEAD ADDITIVES: 10% GEL, 6/10% SMS, 0.3% C-20, 5 LB/SACK KOLSEAL, 0.25 LB/SACK CELLOFLAKE, 5% SALT., Class H, 2.93, 11.3

No.2

Tail, 0, 75, 15.8 PPG., 1.15 FT³/SACK YIELD, 4.96 GAL/SACK MIX WATER. TAIL ADDITIVES: 0.5% FL-17, 0.05 C-51, 0.2% C-20.398 BBLS. OF SYS. FLUID, 9.6 PPG, Class H, 1.15, 15.8

No.3

Displacement, 392, 0, DISPL. W/ SYS. FLUID- 9.3 PPG, , 0, 0No.4

StageReciprocate

RotateBump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

2 0 1380 FULL RETURNS 010 CirculatedSpacer, 20, 0, 20 BBLS. OF 8.4 PPG FW, , 0, 0No.1Lead, 0, 265, 11.30 PPG, 2.92 FT³/SACK YIELD, 17.52 GAL/SACK MIX WATER. ADDITIVES: 10% GEL, 0.6% SMS, 0.2% C-20, 0.25 LB/SACK CELLOFLAKE, 5% SALT., Class H, 2.92, 11.3

No.2

Displacement, 173, 0, DISPL. W/ SYS. FLUID- 9.3 PPG, , 0, 0No.3

Time Wind Dir Wind Knots Sky Conditions Temp RemarksWeather

6:00 NE 5.00 Partly Cloudy 67 WIND GUST TO 22 MPH.

Mud Properties

12.50 2045 11 5/7/14 12.2 0.0

10.70 2.60 0.60 1.40 076000 00.55 00.00

21:0011250

0.0

0.0 0

FL FC

pH

HTFLTime

CaCl2Lime Mud LostEDTA

Wt In PVVis YP Gels

Pm Pf Mf CaCl

Depth

LCM

MBT ES

0.0

0.0%18.0% 0.0%82.0%

0.00 280

SandSolid OilWater

ECD

Wt Out

Pom O/W RatioTotal Sal.

FL Temp

0.00HTFC

0Water Lost

DRILLING 6.0'' SECTIONRemarks

Hours Summary ( Daily / Cumulative )4.00Drilling 5.00Rotating 12.00Trips 1.00Circulating 2.00Down 4.00Other189 190 113 26 4 245

Page 2 of 5 7/22/2015Powered by Production Access

Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs6/28/2015 24 11521 08 - Rig Repair 12.5 $48,500 $6,116,398$2,340,775

Page 93: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/28/2015

Well Name: UNIVERSITY 40-16 1

Report No: 24

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

CodeOperations

Start Hrs Remarks RunEnd DepthStart Depth

066:00 0.50 P/U DRILL PIPE TO 4,848'. TAGGED DV TOOL. 91125011250326:30 1.50 TAG TOP OF CEMENT ABOVE DV TOOL @ 4,848'. DRILLED F- 4,848' TO 4,861', THRU

DV TOOL. WORKED THRU SEVERAL TIMES. DISPLACED DP W/ ACTIVE 12.7 PPG MUD.91125011250

068:00 11.50 CONTINUE P/U DRILL PIPE TO 10,871', TAGGED CEMENT. FILLING EVERY 45 STDS. TAKING RETURNS TO RESERVE.

91125011250

TC19:30 0.50 TEST CASING TO 1,500 PSI. GOOD TEST. 911250112500520:00 1.00 DISPLACE CUT BRINE IN WELL BORE TO 12.5 PPG MUD. 911250112503221:00 2.00 DRILLING CEMENT & FLOAT EQUIPMENT OUT F- 10,871' TO 11,038'. 911250112500323:00 1.00 WASH/ REAM TO 11,250'. 91125011250020:00 4.00 ROT DRILL 6.0” PRODUCTION HOLE F- 11,250' TO 11,521'. ( 271' @ 67.75 FPH ) WOB- 18-

22K, SPM- 60, GPM- 260, SPP- 3,000, RPM- 50/80, MM RPM- 218, TOTAL RPM- 298, DIFF PSI- 350/800, TORQ- 4,800/6,200, MW- 12.5 IN & OUT.MWI: 12.5VIS: 45BACKGROUND GAS: 18CONNECTION GAS: 27 @ 11,432 ‘MAX GAS: 78 @ 11,413’ LAST SAMPLE: 11,515’10% LS, 90% SH.

91152111250

084:00 2.00 WHILE DRILLING THE TOP DRIVE SAVER SUB BECAME WASHED OUT. REPLACING SUB WHILE CIRCULATING DRILL STRING WITH SWEDGE.

91152111521

24.00Total:Drilling Data

ROP:215000208000Hook Load:

3250Pres on Bot: Press Off Bot:54.20Slack Off: 7000Over Pull:

Kickoff Depth: 0200000

2500Pick Up:

Crew Status: ON Remarks: NONE7520WOB: Motor RPM: 5600Torque:216Rotary RPM:

5.00BHA Hours:Daily Bits

11250 12500 1250 34.2 231250 36.509Jets 15 / 15 / 15 / 15 / 15 / 15 / 0 / 0

752 / 2 / BT / CT / C / 0 / 1 / TDChar (I/O/D/O/L/B/G/R)

FtgBit In Out ROP WOBTot Ftg Hrs RPM

TFA 1.026/26/2015

Date In9

BHA1260923Serial No.

4850Torq

36.50Tot Hrs

196MRPM

6Size

Date Out 6/30/2015Halliburt MM53DManufac. Type

Ftg MRPMHrs GPMMotor Size Brand TypeMud Motors

Cum Ftg Cum Hrs9 5 NOV 6/7 8.0 FXD 1.5 SS 0.86 RPG 1250 39.25 1972261250 39.3

Tot LengthComponent Qty Length OD Avg ID Avg RemarksDrilling Assembly

Bit - PDC - Fixed Cutter 1 1.00 6.000 0.000 1.00 HALLIBURTON MM53D PDC 12609233Motor 1 29.20 5.000 0.000 30.20 NOV 1.5 DEG MM3605000054Stab - IB 1 4.70 4.688 2.250 34.90 NORTRAC 5.5 4101Sub - Orienting 1 22.64 4.688 2.625 57.54 HALLIBURTON HOS/MWD CP11266334Monel 1 31.12 4.688 2.688 88.66 PREMIER NMDC 475304677Stab - IB 1 4.33 4.625 2.250 92.99 PREMIER 5.5 SD25491Sub - XO 1 3.55 5.250 2.250 96.54 XT-39 BOX - 3 1/2 IF PIN 4549

Pump No Model Liner Size Stroke Max PSI Max SPM SPM GPM Press. Slow Pump Rates/Pres.Mud Pumps

FD-1600 6 12 4450 1151 251 325060 30/0 40/020/0FD-1600 6 12 4450 1152 0 00 30/0 40/020/0

Drilling Breaks and ShowsBGRD Gas: 18 Trip Gas: Surv Gas: 27 Conn Gas: 27 Peak Gas: 78

Shale %: 90.0 Sand %: 0.0 Others %: 10.0 Shale Den: 2.2 D'Exp: -1.0Depth: 11515.0 Pore Press: 9.6 H2S: 0.0 Cir. Temp: 95.0Desc: 90% SHALE, 10% LIME.

Page 3 of 5 7/22/2015Powered by Production Access

Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs6/28/2015 24 11521 08 - Rig Repair 12.5 $48,500 $6,116,398$2,340,775

Page 94: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/28/2015

Well Name: UNIVERSITY 40-16 1

Report No: 24

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

Item Received Used LostBeg Inv Transfrd End InvUnitsInventory

Anco Drill 0 0 0 55 05-galBarite (Bulk) 0 0 0 6363 0tonsBarite (Sack) 0 0 0 200200 0sks

Cal Carb 0 0 0 120120 0sksCaustic Soda 2 0 0 4244 0SksD-FOAMER 0 0 0 3232 05-gal

Diesel 1108 0 0 977010878 0galDRILL PAPER 0 0 0 4545 0sks

Drilzan 10 0 0 90100 0sksFiber Seal 0 0 0 6060 0sks

FOAM BREAK 1 0 0 3132 05-galGel 0 0 0 140140 0sks

Lime 0 0 0 100100 0sksMF-55 0 0 0 88 05-galMica 0 0 0 8686 0sks

PALLETS 0 0 0 1010 0#salt gel 0 0 0 450450 0sksSapp 0 0 0 3131 0sks

Shrink Wrap 0 0 0 1010 0#Soda Ash 6 0 0 169175 0sks

Transportation 0 0 0 1616 0#WallNut 0 0 0 5050 0sks

White Starch 20 0 0 120140 0sksWT22 0 0 0 3232 05-gal

Company Qty. HoursService Company Qty. HoursServicePersonnel Data

ANCHOR DRILLING FL 1 24.00MUD ENGINEER Diversified Well Logging 2 24.00Mud LoggersHalliburton Services 2 24.00MWD DIRECTIONAL D New Prospect Company 1 24.00CO MANPrecision Drilling 11 132.00Rig Crews Premier Directional 1 12.00Directional

240.00Totals 18.00

PersonnelFirst AidType Date Activity Company Name

Health Safety and Environment

Lost Time

Med Visit

Drilling 6/27/2015 PRECISION / ENERGEN ALLSAFETY MEETING WITH ALL ON PICKING UP DRILL PIPE. PULLING SLIPS. KEEPING LINE OF FIRE CLEAR. USING TEAM WORK & GOOD COMMIUNICATION.

Page 4 of 5 7/22/2015Powered by Production Access

Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs6/28/2015 24 11521 08 - Rig Repair 12.5 $48,500 $6,116,398$2,340,775

Page 95: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/28/2015

Well Name: UNIVERSITY 40-16 1

Report No: 24

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

Daily Cost DetailsCode Remarks Daily Exp Cum ExpIDC Vendor

20.950.030IDC - ROAD & SITE CON $175,00020.950.070IDC - INSURANCE & BO $10,00020.950.080IDC - PERMITS SURVEY $45,00020.950.101IDC - DRILL - BIT $72,69420.950.102IDC - DRILL - CEMENT & $85,30520.950.103IDC - DRILL - CONTRAC $23,500 $559,000RIG & CREWSPRECISION DRILLING20.950.105IDC - DRILL - EQUIPMEN $540 $28,655DAILY RENTAL ON RCD ROTHalliburton20.950.105IDC - DRILL - EQUIPMEN $340 $28,655DUAL CHOKES & IGNITOR.IRONHORSE20.950.105IDC - DRILL - EQUIPMEN $281 $28,655DAILY RENTAL ON RAMS.THOMAS TOOLS20.950.105IDC - DRILL - EQUIPMEN $50 $28,655DAILY H2S MINIMAL PACKAGSAFETY SOLUTIONS20.950.105IDC - DRILL - EQUIPMEN $191 $28,655FORK LIFT & MAN LIFT RENTPRECISION/ NEFF20.950.106IDC - DRILL - FUEL $72,63320.950.107IDC - DRILL - EQUIPMEN $682 $8,340HAUL IN EQUIPMENT TO ENETOM E LEE20.950.109IDC - DRILL - DIRECTIO $4,000 $216,830MWDSperry Drilling Services20.950.109IDC - DRILL - DIRECTIO $5,575 $216,830DAILY DIRECTIONAL COSTSPREMIER DIRECTIONA20.950.111IDC - DRILL - MOBDEMO $75,00020.950.114IDC - DRILL - SURFACE $650 $51,054HOUSING PACKAGETAN MAR20.950.114IDC - DRILL - SURFACE $1,200 $51,054FW FOR HOUSINGPRIME TIME WATER20.950.114IDC - DRILL - SURFACE $600 $51,054FW FOR HOUSINGPRIME TIME WATER20.950.114IDC - DRILL - SURFACE $186 $51,054COMMUNICATIONS PACKAGRIG NET/ LANDTEL20.950.114IDC - DRILL - SURFACE $590 $51,054300 BBL. PRE-MIX & TRANSFPORTABLE MUD SYS.20.950.114IDC - DRILL - SURFACE $60 $51,0542 X FRAC TANKSLEOS TRUCKING20.950.114IDC - DRILL - SURFACE $90 $51,0542 X LIGHT TOWERS & TRASHK.C. SERVICES20.950.116IDC - DRILL - DRILL PIP $1,250 $8,4404'' XT-39 DRILL PIPE PACKAGCASEY EQUIPMENT20.950.117IDC - DRILL - SPECIAL S $54,71920.950.118IDC - DRILL - DRILLING $5,000 $34,000WELLSITE SUPERVISORNEW PROSPECT CO.20.950.150IDC - LOGGING $21,968

$44,785 $1,698,765Total IDC:Code Remarks Daily Exp Cum ExpTDC Vendor

20.940.103TDC - DE - OTHER EQUI $1,16120.940.106TDC - DE - SURFACE CA $95,53720.940.109TDC - INTERMEDIATE C $526,31220.940.201TDC - SE - CASING/ WE $19,000

$642,010Total TDC:Total Cumulative Well Costs: $44,785 $2,340,775

Page 5 of 5 7/22/2015Powered by Production Access

Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs6/28/2015 24 11521 08 - Rig Repair 12.5 $48,500 $6,116,398$2,340,775

Page 96: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/29/2015

Well Name: UNIVERSITY 40-16 1

Report No: 25

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

Surface Location: 1980 FNL, 1757 FWL - WARD, TX

Wolfcamp

$69,174$2,409,948

Formation:

Daily Costs:This AFE DHC to Date:

API Code: 4247536999

11521Start Depth(ft):

6/9/2015Spud Date:

24 Hr. Footage:

RKB to MSL: 2512057Ending Depth(ft):

$3,180,125AFE DHC:BENJAMIN DUCOTRig Supervisor 1: 318-509-9166

( ) -

RKB to CHF:$3,400,564

$7,267Total w/ Assoc AFEs :

Daily Mud Costs:

PBE1510032AFE #:

21Days from Spud:Field Name: Wellcore

536RKB to LMF:

RKB to THF:

02 - Drilling

$2,409,948This AFE CWC to Date:

Cum Mud Costs: $179,514Rig Company:

2527.5

Rpt T. Activity:

Precision Drilling 26.5

25Report No:$6,116,398AFE Total:

Rig Supervisor 2:

DRILLING AHEAD IN 6.0'' HOLE SECTION @ 12057'.Operation Desc:

24-Hour Summary/Remarks: TOTAL OF 10.5 HRS. OF NPT ON C/O SAVER SUB ON TOP & MUD PUMPS LOSING PSI & HAVING TO CLEAN OUT SUCTIONS. DRILL AHEAD IN 6.0'' SECTION.

TOTAL 24 HR. FOOTAGE: 521'AVERAGE ROP: 41.2Next Day Operations: CONTINUE DRILLING AHEAD IN 6.0'' HOLE SECTION TO PROPSOED TD OF 12,500'.=========================================================================RIG RELEASED FROM UNIVERSITY 21-17 #1R @ 06:00 HRS. ON 6-4-2015.SPUD: 06/09/2015 @ 00:00 HRS.TOTAL RIG MOVE HRS.: 106 / DAYS: 4.42TOTAL HRS. FROM SPUD: 448TOTAL DAYS TO TD: -----TOTAL DAYS TO RELEASE: -----DOWNTIME HRS.: 10.5 TODAY / 14.5 TOTAL, PERCENTAGE OF DOWNTIME / NPT: 2.41%=========================================================================LAST 5" D/P INSPECTION WAS ON THE UNIVERSITY 24-17 #1H, ON 12/20/2014. CAT-4 INSPECTION - CSILAST 4'' D/P INSPECTION WAS ON THE SPECTRE ST. 54-4 #1H ST1, ON 3/8/2015. CAT-4 INSPECTION - CSILAST BHA INSPECTION WAS ON THE UNIVERSITY 21-17 #1R, ON 6/4/2015.CSI.=========================================================================SAFETY MEETING WITH ALL ON PICKING UP DRILL PIPE. PULLING SLIPS. KEEPING LINE OF FIRE CLEAR. USING TEAM WORK & GOOD COMMIUNICATION.DAYS SINCE LAST LTA: 366ORI'S TODAY: 0CREW SHORTAGES: NONE.// DOUBLES: 0=========================================================================FLUID LOST TO WELL: 0 BBLS TODAY / 320 TOTAL BBLS, **NO LEAKS OR SPILLS REPORTED OR OBSERVED**=========================================================================BHA #8: NOV SKHI716 PDC // HALLIBURTON BLACK BOX SHORT // NEW NOV 6 3/4" 7/8 2.9 STAGE FIXED 1.5 BEND RPG: .17 MAX DIFF: 425 GPM: 200-500 MAX TORQUE: 6,135 // 8 1/4" NM IBS // 6 3/4" NMDC // 6 3/4" HANG-OFF SUB // 6 3/4" NMDC // 8 1/4" IBS // NEW 6 3/4" SHOCK SUB // X-O SUB 4 1/2 IF x 4 1/2 XH.DAILY DRLG HRS.: 9.0, DAILY TOTAL FOOTAGE: 485', DAILY R.O.P: 53.8 FPH, TOTAL DRLG HRS.: 15.0,TOTAL FOOTAGE: 762', TOTAL RUN R.O.P: 50.8 ( PULLED FOR TD; BIT CHAR (I/O/D/O/L/B/G/R) 1 / 1 / CT / NO / N / 0 / 1 / TD ).

BHA #9: HALLIBURTON MM53D PDC, DRESSED 6X15 (TFA: 0.982), 5" NOV 1.5° FXD. -6/7, 8.0 STG., 0.86 RPG MOTOR, BEARING HOUSING, SLICK W/ FLOAT, NM 5 1/2" STAB, HOS/ MWD, NMDC, NM 5 1/2" STAB, 3 1/2'' IFP x 4" XT-39B, TOTAL LENGTH - 96.54'.DAILY DRLG HRS.: 13.0, DAILY TOTAL FOOTAGE: 536', DAILY R.O.P: 41.2 FPH, TOTAL DRLG HRS.: 18.0,TOTAL FOOTAGE: 807', TOTAL RUN R.O.P: 44.8 ( PULLED FOR ).=========================================================================20'' CONDUCTOR CSG SET @ 130'13 3/8" SURFACE CSG SET @ 1,440' - 54.5# - J-55 - BTC9 5/8'' INT. CSG SET @ 4,907' - 40# - L-80 - BTC7" INT. CSG SET @ 11,038' - - 32# - CY-P-110 - ULTRA DQX4.5'' PRO. CASING LINER @ XX,XXX'PROPOSED TD: 12,500'=========================================================================LAST SURVEY:MD: 11,758' INC: 2.26° AZI: 182.61° TVD: 11,752.07’ VSEC SURVEY: -200.97 DLS: 0.1° TEMP : 150° F =========================================================================TRRC:NOTIFY TRRC OF INTENT TO SPUD AND SET SURFACE CASING @ 15:00 HRS. 6-8-2015 JOB # 8028.NOTIFY TRRC OF INTENT TO RUN 9 5/8" CASING AND CEMENT @ 06:00 HRS. 6-13-2015.NOTIFY TRRC OF INTENT TO RUN 7" CASING AND CEMENT @ 08:00 HRS. 6-24-2015.Weather Summary: NONE.

12051TVD:

40 / / Sec/Twn/Rng:$3,400,564Total Project Costs:

Rig Name: Precision 594Develop To: 0

JAMES WALKER 318-780-1745Tool Pusher:

Abstract: U39Location Survey: UL

Page 1 of 5 7/22/2015Powered by Production Access

Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs6/29/2015 25 12057 02 - Drilling 12.5 $69,174 $6,116,398$2,409,948

Page 97: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/29/2015

Well Name: UNIVERSITY 40-16 1

Report No: 25

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

BOP Test and Inspection Dates

Last BOP Drill Date:36/26/2015Last BOP Test:

7/9/2015BOP Test Due:6/24/2015Last Inspection:Days Since BOP Tested:

Surveys

Survey No. Inclination Azimuth TVD Vert Sect N/S(+/-) E/W(+/-) DLSSurvey Date Tie In Meas. Depth Des Azi29 11186 3.02 187.81 11180.55 -175.28 -175.28 -30.55 0.656/24/2015 0.0030 11286 2.74 180.74 11280.42 -180.28 -180.28 -30.94 0.456/28/2015 0.0031 11758 2.26 182.61 11751.97 -200.86 -200.86 -31.51 0.106/29/2015 0.00

Date Run Size Weight GradeCasing Top Shoe TestDrift TDHole SizeSet DepthCasing

Type6/8/2015 54.50 J-5527.50 10.0012.615 1440.0017.50013.3751440.18 Surface

Stage

ReciprocateRotate

Bump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

1 0 600 086 CirculatedSpacer, 20, 0, FRESH WATER, , 0, 0No.1Tail, 0, 1315, 4% GEL + 1/4#/SK CELLO FLAKE + 5% SALT + .004 GPS CF-41L, Class C, 1.79, 13.5No.2Displacement, 216, 0, FRESH WATER, , 0, 0No.36/13/2015 40.00 HCNL-8026.50 9.700.000 4910.0012.2509.6254907.62 Intermediate

Stage

ReciprocateRotate

Bump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

1 0 599 4000 CalculatedSpacer, 20, 0, 20 BBL FRESH WATER SPACER, , 0, 0No.1Lead, 0, 945, 1% SMS + 1/4#/SK CELLO FLAKE + 5% SALT, Class C, 2.52, 12No.2Tail, 0, 150, 1/10% C-20, Class C, 1.33, 14.8No.3Spacer, 10, 0, 10 BBL FRESH WATER SPACER, , 0, 0No.4Displacement, 356, 0, 356 BBL BRINE WATER, , 0, 0No.56/25/2015 32.00 P-11025.90 6.094 11250.008.7507.00011038.71 Intermediate

Stage

ReciprocateRotate

Bump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

1 0 1520 FULL RETURNS 4859200 CirculatedSpacer, 20, 0, 20 BBLS. OF 8.4 PPG FW, , 0, 0No.1Lead, 0, 460, 11.30 PPG., 2.93 FT³/SACK YIELD, 17.03 GAL/SACK MIX WATER. LEAD ADDITIVES: 10% GEL, 6/10% SMS, 0.3% C-20, 5 LB/SACK KOLSEAL, 0.25 LB/SACK CELLOFLAKE, 5% SALT., Class H, 2.93, 11.3

No.2

Tail, 0, 75, 15.8 PPG., 1.15 FT³/SACK YIELD, 4.96 GAL/SACK MIX WATER. TAIL ADDITIVES: 0.5% FL-17, 0.05 C-51, 0.2% C-20.398 BBLS. OF SYS. FLUID, 9.6 PPG, Class H, 1.15, 15.8

No.3

Displacement, 392, 0, DISPL. W/ SYS. FLUID- 9.3 PPG, , 0, 0No.4

StageReciprocate

RotateBump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

2 0 1380 FULL RETURNS 010 CirculatedSpacer, 20, 0, 20 BBLS. OF 8.4 PPG FW, , 0, 0No.1Lead, 0, 265, 11.30 PPG, 2.92 FT³/SACK YIELD, 17.52 GAL/SACK MIX WATER. ADDITIVES: 10% GEL, 0.6% SMS, 0.2% C-20, 0.25 LB/SACK CELLOFLAKE, 5% SALT., Class H, 2.92, 11.3

No.2

Displacement, 173, 0, DISPL. W/ SYS. FLUID- 9.3 PPG, , 0, 0No.3

Time Wind Dir Wind Knots Sky Conditions Temp RemarksWeather

6:00 E 9.00 Partly Cloudy 71 NONE.

Mud Properties

12.50 2246 12 6/8/16 12.0 0.0

10.70 2.80 0.70 1.80 074000 00.58 00.00

21:0011973

0.0

0.0 0

FL FC

pH

HTFLTime

CaCl2Lime Mud LostEDTA

Wt In PVVis YP Gels

Pm Pf Mf CaCl

Depth

LCM

MBT ES

0.0

0.0%18.0% 0.0%82.0%

0.00 280

SandSolid OilWater

ECD

Wt Out

Pom O/W RatioTotal Sal.

FL Temp

0.00HTFC

0Water Lost

DRILLING 6.0'' SECTION.Remarks

Hours Summary ( Daily / Cumulative )13.00Drilling 13.00Rotating 0.00Trips 0.00Circulating 10.50Down 0.50Other202 203 113 26 15 246

Page 2 of 5 7/22/2015Powered by Production Access

Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs6/29/2015 25 12057 02 - Drilling 12.5 $69,174 $6,116,398$2,409,948

Page 98: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/29/2015

Well Name: UNIVERSITY 40-16 1

Report No: 25

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

CodeOperations

Start Hrs Remarks RunEnd DepthStart Depth

086:00 3.00 REPLACING WASHED OUT TOP SUB. 91152111521089:00 3.50 BOTH MUD PUMPS LOSING PSI. TROUBLESHOOT. FOUND LOADS OF TRASH INSIDE

MUD PUMPS & SUCTIOND PODS.91152111521

0212:30 2.00 ROT DRILL 6.0” PRODUCTION HOLE F- 11,521' TO 11,643'. ( 122' @ 61.0 FPH ) WOB- 18-22K, SPM- 60, GPM- 260, SPP- 3,000, RPM- 50/80, MM RPM- 218, TOTAL RPM- 298, DIFF PSI- 350/800, TORQ- 4,800/6,200, MW- 12.5 IN & OUT.MWI: 12.4VIS: 45BACKGROUND GAS: 18 LAST SAMPLE: 11,630’10% LS, 90% SH.

91164311521

0814:30 0.50 BOTH MUD PUMPS LOSING PSI, ONCE AGAIN. TROUBLESHOOT. FOUND LOADS OF TRASH INSIDE MUD PUMPS & SUCTIOND PODS.

91164311643

0215:00 9.50 ROT DRILL 6.0” PRODUCTION HOLE F- 11,643' TO 12,027'. ( 384' @ 40.4 FPH ) WOB- 18-22K, SPM- 60, GPM- 260, SPP- 3,000, RPM- 50/80, MM RPM- 218, TOTAL RPM- 298, DIFF PSI- 350/800, TORQ- 4,800/6,200, MW- 12.5 IN & OUT.MWI: 12.4VIS: 45BACKGROUND GAS: 18 LAST SAMPLE: 11,630’10% LS, 90% SH.

91202711643

070:30 0.50 LUBRICATE RIG. 91202712027081:00 3.50 C/O LINER & SUAB ON MUD PUMP. CONTINUE TROUBLESHOOTING PSI LOST IN MUD

PUMP.91202712027

024:30 1.50 ROT DRILL 6.0” PRODUCTION HOLE F- 12,027' TO 12057'. ( 30' @ 20.0 FPH ) WOB- 18-22K, SPM- 60, GPM- 260, SPP- 3,000, RPM- 50, MM RPM- 218, TOTAL RPM- 268, DIFF PSI- 350/800, TORQ- 4,800/6,200, MW- 12.5 IN & OUT.MWI: 12.5VIS: 46BACKGROUND GAS: 4CONNECTION GAS: 21 @ 11,999’ MAX GAS: 78 @ 11,764’ LAST SAMPLE: 12,027’60% LS, 40% SH

91205712027

24.00Total:Drilling Data

ROP:215000208000Hook Load:

3250Pres on Bot: Press Off Bot:41.23Slack Off: 7000Over Pull:

Kickoff Depth: 0200000

2850Pick Up:

Crew Status: ON Remarks: NONE5020WOB: Motor RPM: 4950Torque:194Rotary RPM:

18.00BHA Hours:Daily Bits

11250 12500 1250 34.2 231250 36.509Jets 15 / 15 / 15 / 15 / 15 / 15 / 0 / 0

752 / 2 / BT / CT / C / 0 / 1 / TDChar (I/O/D/O/L/B/G/R)

FtgBit In Out ROP WOBTot Ftg Hrs RPM

TFA 1.026/26/2015

Date In9

BHA1260923Serial No.

4850Torq

36.50Tot Hrs

196MRPM

6Size

Date Out 6/30/2015Halliburt MM53DManufac. Type

Ftg MRPMHrs GPMMotor Size Brand TypeMud Motors

Cum Ftg Cum Hrs9 5 NOV 6/7 8.0 FXD 1.5 SS 0.86 RPG 1250 39.25 1972261250 39.3

Tot LengthComponent Qty Length OD Avg ID Avg RemarksDrilling Assembly

Bit - PDC - Fixed Cutter 1 1.00 6.000 0.000 1.00 HALLIBURTON MM53D PDC 12609233Motor 1 29.20 5.000 0.000 30.20 NOV 1.5 DEG MM3605000054Stab - IB 1 4.70 4.688 2.250 34.90 NORTRAC 5.5 4101Sub - Orienting 1 22.64 4.688 2.625 57.54 HALLIBURTON HOS/MWD CP11266334Monel 1 31.12 4.688 2.688 88.66 PREMIER NMDC 475304677Stab - IB 1 4.33 4.625 2.250 92.99 PREMIER 5.5 SD25491Sub - XO 1 3.55 5.250 2.250 96.54 XT-39 BOX - 3 1/2 IF PIN 4549

Pump No Model Liner Size Stroke Max PSI Max SPM SPM GPM Press. Slow Pump Rates/Pres.Mud Pumps

FD-1600 6 12 4450 1151 226 350054 30/0 40/020/0FD-1600 6 12 4450 1152 0 00 30/0 40/020/0

Drilling Breaks and ShowsBGRD Gas: 4 Trip Gas: Surv Gas: 21 Conn Gas: 21 Peak Gas: 78

Shale %: 40.0 Sand %: 0.0 Others %: 60.0 Shale Den: 2.2 D'Exp: -0.8Depth: 12044.0 Pore Press: 11.2 H2S: 0.0 Cir. Temp: 95.0Desc: 60% LIME, 40% SHALE.

Page 3 of 5 7/22/2015Powered by Production Access

Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs6/29/2015 25 12057 02 - Drilling 12.5 $69,174 $6,116,398$2,409,948

Page 99: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/29/2015

Well Name: UNIVERSITY 40-16 1

Report No: 25

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

Item Received Used LostBeg Inv Transfrd End InvUnitsInventory

Anco Drill 0 0 0 55 05-galBarite (Bulk) 10.51 0 0 7463 22tonsBarite (Sack) 0 0 0 200200 0sks

Cal Carb 0 0 0 120120 0sksCaustic Soda 2 0 0 4042 0SksD-FOAMER 0 0 0 3232 05-gal

Diesel 1119 0 0 86519770 0galDRILL PAPER 0 0 0 4545 0sks

Drilzan 0 0 0 9090 0sksFiber Seal 0 0 0 6060 0sks

FOAM BREAK 0 0 0 3131 05-galGel 0 0 0 140140 0sks

Lime 0 0 0 100100 0sksMF-55 0 0 0 88 05-galMica 0 0 0 8686 0sks

PALLETS 0 0 0 1010 0#salt gel 0 0 0 450450 0sksSapp 0 0 0 3131 0sks

Shrink Wrap 0 0 0 1010 0#Soda Ash 69 0 0 100169 0sks

Transportation 1 0 0 1516 0#WallNut 0 0 0 5050 0sks

White Starch 50 0 0 70120 0sksWT22 0 0 0 3232 05-gal

Company Qty. HoursService Company Qty. HoursServicePersonnel Data

ANCHOR DRILLING FL 1 24.00MUD ENGINEER Diversified Well Logging 2 24.00Mud LoggersHalliburton Services 2 24.00MWD DIRECTIONAL D New Prospect Company 1 24.00CO MANPrecision Drilling 11 132.00Rig Crews Premier Directional 1 12.00Directional

240.00Totals 18.00

PersonnelFirst AidType Date Activity Company Name

Health Safety and Environment

Lost Time

Med Visit

Drilling 6/28/2015 PRECISION / ENERGEN ALLSAFETY MEETING WITH ALL ON PICKING UP DRILL PIPE. PULLING SLIPS. KEEPING LINE OF FIRE CLEAR. USING TEAM WORK & GOOD COMMIUNICATION.

Page 4 of 5 7/22/2015Powered by Production Access

Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs6/29/2015 25 12057 02 - Drilling 12.5 $69,174 $6,116,398$2,409,948

Page 100: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/29/2015

Well Name: UNIVERSITY 40-16 1

Report No: 25

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

Daily Cost DetailsCode Remarks Daily Exp Cum ExpIDC Vendor

20.950.030IDC - ROAD & SITE CON $175,00020.950.070IDC - INSURANCE & BO $10,00020.950.080IDC - PERMITS SURVEY $45,00020.950.101IDC - DRILL - BIT $72,69420.950.102IDC - DRILL - CEMENT & $85,30520.950.103IDC - DRILL - CONTRAC $23,500 $582,500RIG & CREWSPRECISION DRILLING20.950.105IDC - DRILL - EQUIPMEN $50 $30,057DAILY H2S MINIMAL PACKAGSAFETY SOLUTIONS20.950.105IDC - DRILL - EQUIPMEN $540 $30,057DAILY RENTAL ON RCD ROTHalliburton20.950.105IDC - DRILL - EQUIPMEN $340 $30,057DUAL CHOKES & IGNITOR.IRONHORSE20.950.105IDC - DRILL - EQUIPMEN $281 $30,057DAILY RENTAL ON RAMS.THOMAS TOOLS20.950.105IDC - DRILL - EQUIPMEN $191 $30,057FORK LIFT & MAN LIFT RENTPRECISION/ NEFF20.950.106IDC - DRILL - FUEL $72,63320.950.107IDC - DRILL - EQUIPMEN $2,250 $10,590HAUL IN SLB LINER FROM OTRS20.950.109IDC - DRILL - DIRECTIO $4,000 $226,405MWDSperry Drilling Services20.950.109IDC - DRILL - DIRECTIO $5,575 $226,405DAILY DIRECTIONAL COSTSPREMIER DIRECTIONA20.950.111IDC - DRILL - MOBDEMO $75,00020.950.114IDC - DRILL - SURFACE $186 $52,630COMMUNICATIONS PACKAGRIG NET/ LANDTEL20.950.114IDC - DRILL - SURFACE $590 $52,630300 BBL. PRE-MIX & TRANSFPORTABLE MUD SYS.20.950.114IDC - DRILL - SURFACE $60 $52,6302 X FRAC TANKSLEOS TRUCKING20.950.114IDC - DRILL - SURFACE $650 $52,630HOUSING PACKAGETAN MAR20.950.114IDC - DRILL - SURFACE $90 $52,6302 X LIGHT TOWERS & TRASHK.C. SERVICES20.950.116IDC - DRILL - DRILL PIP $1,250 $9,6904'' XT-39 DRILL PIPE PACKAGCASEY EQUIPMENT20.950.117IDC - DRILL - SPECIAL S $554 $55,273CLEAN, DRIFT & STRAP 4.5'' SMOB20.950.118IDC - DRILL - DRILLING $5,000 $39,000WELLSITE SUPERVISORNEW PROSPECT CO.20.950.150IDC - LOGGING $16,800 $38,768MUG LOGGINGDIVERSIFIED

$61,907 $1,767,939Total IDC:Code Remarks Daily Exp Cum ExpTDC Vendor

20.940.103TDC - DE - OTHER EQUI $1,16120.940.106TDC - DE - SURFACE CA $95,53720.940.109TDC - INTERMEDIATE C $526,31220.940.201TDC - SE - CASING/ WE $19,000

$642,010Total TDC:Total Cumulative Well Costs: $61,907 $2,409,948

Page 5 of 5 7/22/2015Powered by Production Access

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Page 101: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/30/2015

Well Name: UNIVERSITY 40-16 1

Report No: 26

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

Surface Location: 1980 FNL, 1757 FWL - WARD, TX

Wolfcamp

$64,050$2,473,998

Formation:

Daily Costs:This AFE DHC to Date:

API Code: 4247536999

12057Start Depth(ft):

6/9/2015Spud Date:

24 Hr. Footage:

RKB to MSL: 2512500Ending Depth(ft):

$3,180,125AFE DHC:BENJAMIN DUCOTRig Supervisor 1: 318-509-9166

( ) -

RKB to CHF:$3,400,564

$4,325Total w/ Assoc AFEs :

Daily Mud Costs:

PBE1510032AFE #:

22Days from Spud:Field Name: Wellcore

443RKB to LMF:

RKB to THF:

06 - Trips

$2,473,998This AFE CWC to Date:

Cum Mud Costs: $183,839Rig Company:

2527.5

Rpt T. Activity:

Precision Drilling 26.5

26Report No:$6,116,398AFE Total:

Rig Supervisor 2:

WELL TD. POOH FOR LOGS & CASING. CURRENTLY @ 8,000'Operation Desc:

24-Hour Summary/Remarks: DRILLED AHEAD TO TD OF 6.0'' HOLE SECTION- 12,500'. CIRCULATED SWEEP AROUND. POOH TO 11250'. RIH TO 12,500'. CIRCULATED 2ND SWEEP AROUND TO ENSURE WELL BORE WAS CLEAN FOR LOGGING & CASING. PUMP & SPOT 55 BBLS. OF LOW FL HEAVY PILL THRU OUT OPEN HOLE. POOH FOR LOGS & CASING.

TOTAL 24 HR. FOOTAGE: 443'AVERAGE ROP: 23.9Next Day Operations: FINISH POOH. LAY DOWN BHA. RIG & TEST PACK OFF. RIG UP LOGGERS. LOG 6.0'' HOLE SECTION. POOH W/ LOGS. RIG UP & RUN 4.5'' LINER.=========================================================================RIG RELEASED FROM UNIVERSITY 21-17 #1R @ 06:00 HRS. ON 6-4-2015.SPUD: 06/09/2015 @ 00:00 HRS.TOTAL RIG MOVE HRS.: 106 / DAYS: 4.42TOTAL HRS. FROM SPUD: 514TOTAL DAYS TO TD: 21.0TOTAL DEPTH: 06/30/2015 @ 00:30 HRS.TOTAL DAYS TO RELEASE: -----DOWNTIME HRS.: 0.0 TODAY / 14.5 TOTAL, PERCENTAGE OF DOWNTIME / NPT: 2.37%=========================================================================LAST 5" D/P INSPECTION WAS ON THE UNIVERSITY 24-17 #1H, ON 12/20/2014. CAT-4 INSPECTION - CSILAST 4'' D/P INSPECTION WAS ON THE SPECTRE ST. 54-4 #1H ST1, ON 3/8/2015. CAT-4 INSPECTION - CSILAST BHA INSPECTION WAS ON THE UNIVERSITY 21-17 #1R, ON 6/4/2015.CSI.=========================================================================SAFETY MEETINGS ON DRILLING AHEAD. GENERAL HOUSEKEEPING, PROPER USE OF PPE & TOOLS. WATCHING FOR OVERHEAD LOADS. USING PROPER HAND PLACEMENT. STAYING FOCUSED ON JOB @ HAND. USE TEAMWORK. PRACTICE PROPER LIFTING TECHNIQUES.DAYS SINCE LAST LTA: 367ORI'S TODAY: 0CREW SHORTAGES: NONE.// DOUBLES: 0=========================================================================FLUID LOST TO WELL: 0 BBLS TODAY / 320 TOTAL BBLS, **NO LEAKS OR SPILLS REPORTED OR OBSERVED**=========================================================================BHA #8: NOV SKHI716 PDC // HALLIBURTON BLACK BOX SHORT // NEW NOV 6 3/4" 7/8 2.9 STAGE FIXED 1.5 BEND RPG: .17 MAX DIFF: 425 GPM: 200-500 MAX TORQUE: 6,135 // 8 1/4" NM IBS // 6 3/4" NMDC // 6 3/4" HANG-OFF SUB // 6 3/4" NMDC // 8 1/4" IBS // NEW 6 3/4" SHOCK SUB // X-O SUB 4 1/2 IF x 4 1/2 XH.DAILY DRLG HRS.: 9.0, DAILY TOTAL FOOTAGE: 485', DAILY R.O.P: 53.8 FPH, TOTAL DRLG HRS.: 15.0,TOTAL FOOTAGE: 762', TOTAL RUN R.O.P: 50.8 ( PULLED FOR TD; BIT CHAR (I/O/D/O/L/B/G/R) 1 / 1 / CT / NO / N / 0 / 1 / TD ).

BHA #9: HALLIBURTON MM53D PDC, DRESSED 6X15 (TFA: 0.982), 5" NOV 1.5° FXD. -6/7, 8.0 STG., 0.86 RPG MOTOR, BEARING HOUSING, SLICK W/ FLOAT, NM 5 1/2" STAB, HOS/ MWD, NMDC, NM 5 1/2" STAB, 3 1/2'' IFP x 4" XT-39B, TOTAL LENGTH - 96.54'.DAILY DRLG HRS.: 18.5, DAILY TOTAL FOOTAGE: 443', DAILY R.O.P: 23.9 FPH, TOTAL DRLG HRS.: 36.5,TOTAL FOOTAGE: 1250', TOTAL RUN R.O.P: 34.2 ( PULLED FOR TOTAL DEPTH ).=========================================================================20'' CONDUCTOR CSG SET @ 130'13 3/8" SURFACE CSG SET @ 1,440' - 54.5# - J-55 - BTC9 5/8'' INT. CSG SET @ 4,907' - 40# - L-80 - BTC7" INT. CSG SET @ 11,038' - - 32# - CY-P-110 - ULTRA DQX4.5'' PRO. CASING LINER @ XX,XXX'PROPOSED TD: 12,500'=========================================================================LAST SURVEY:MD: 12,453' INC: 1.39° AZI: 209.75° TVD: 12,446.8’ VSEC SURVEY: -219.17 DLS: 0.21° TEMP : 164° F =========================================================================TRRC:NOTIFY TRRC OF INTENT TO SPUD AND SET SURFACE CASING @ 15:00 HRS. 6-8-2015 JOB # 8028.NOTIFY TRRC OF INTENT TO RUN 9 5/8" CASING AND CEMENT @ 06:00 HRS. 6-13-2015.NOTIFY TRRC OF INTENT TO RUN 7" CASING AND CEMENT @ 08:00 HRS. 6-24-2015.

12494TVD:

40 / / Sec/Twn/Rng:$3,400,564Total Project Costs:

Rig Name: Precision 594Develop To: 0

JAMES WALKER 318-780-1745Tool Pusher:

Abstract: U39Location Survey: UL

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Page 102: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/30/2015

Well Name: UNIVERSITY 40-16 1

Report No: 26

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

Weather Summary: POSSIBLE SEVERE RAIN STORMS.

BOP Test and Inspection Dates

Last BOP Drill Date:46/26/2015Last BOP Test:

7/9/2015BOP Test Due:6/24/2015Last Inspection:Days Since BOP Tested:

Surveys

Survey No. Inclination Azimuth TVD Vert Sect N/S(+/-) E/W(+/-) DLSSurvey Date Tie In Meas. Depth Des Azi31 11758 2.26 182.61 11751.97 -200.86 -200.86 -31.51 0.106/29/2015 0.0032 12230 1.11 192.66 12223.77 -214.62 -214.62 -32.94 0.256/30/2015 0.0033 12453 1.39 209.75 12446.72 -219.07 -219.07 -34.75 0.216/30/2015 0.00

Date Run Size Weight GradeCasing Top Shoe TestDrift TDHole SizeSet DepthCasing

Type6/8/2015 54.50 J-5527.50 10.0012.615 1440.0017.50013.3751440.18 Surface

Stage

ReciprocateRotate

Bump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

1 0 600 086 CirculatedSpacer, 20, 0, FRESH WATER, , 0, 0No.1Tail, 0, 1315, 4% GEL + 1/4#/SK CELLO FLAKE + 5% SALT + .004 GPS CF-41L, Class C, 1.79, 13.5No.2Displacement, 216, 0, FRESH WATER, , 0, 0No.36/13/2015 40.00 HCNL-8026.50 9.700.000 4910.0012.2509.6254907.62 Intermediate

Stage

ReciprocateRotate

Bump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

1 0 599 4000 CalculatedSpacer, 20, 0, 20 BBL FRESH WATER SPACER, , 0, 0No.1Lead, 0, 945, 1% SMS + 1/4#/SK CELLO FLAKE + 5% SALT, Class C, 2.52, 12No.2Tail, 0, 150, 1/10% C-20, Class C, 1.33, 14.8No.3Spacer, 10, 0, 10 BBL FRESH WATER SPACER, , 0, 0No.4Displacement, 356, 0, 356 BBL BRINE WATER, , 0, 0No.56/25/2015 32.00 P-11025.90 6.094 11250.008.7507.00011038.71 Intermediate

Stage

ReciprocateRotate

Bump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

1 0 1520 FULL RETURNS 4859200 CirculatedSpacer, 20, 0, 20 BBLS. OF 8.4 PPG FW, , 0, 0No.1Lead, 0, 460, 11.30 PPG., 2.93 FT³/SACK YIELD, 17.03 GAL/SACK MIX WATER. LEAD ADDITIVES: 10% GEL, 6/10% SMS, 0.3% C-20, 5 LB/SACK KOLSEAL, 0.25 LB/SACK CELLOFLAKE, 5% SALT., Class H, 2.93, 11.3

No.2

Tail, 0, 75, 15.8 PPG., 1.15 FT³/SACK YIELD, 4.96 GAL/SACK MIX WATER. TAIL ADDITIVES: 0.5% FL-17, 0.05 C-51, 0.2% C-20.398 BBLS. OF SYS. FLUID, 9.6 PPG, Class H, 1.15, 15.8

No.3

Displacement, 392, 0, DISPL. W/ SYS. FLUID- 9.3 PPG, , 0, 0No.4

StageReciprocate

RotateBump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

2 0 1380 FULL RETURNS 010 CirculatedSpacer, 20, 0, 20 BBLS. OF 8.4 PPG FW, , 0, 0No.1Lead, 0, 265, 11.30 PPG, 2.92 FT³/SACK YIELD, 17.52 GAL/SACK MIX WATER. ADDITIVES: 10% GEL, 0.6% SMS, 0.2% C-20, 0.25 LB/SACK CELLOFLAKE, 5% SALT., Class H, 2.92, 11.3

No.2

Displacement, 173, 0, DISPL. W/ SYS. FLUID- 9.3 PPG, , 0, 0No.3

Time Wind Dir Wind Knots Sky Conditions Temp RemarksWeather

6:00 E 9.00 Rain Showers 67 POSSIBLE SEVERE RAIN STORMS.

Mud Properties

12.50 2246 12 6/8/16 12.0 0.0

10.70 2.80 0.70 1.80 075000 00.58 00.00

21:0012470

0.0

0.0 0

FL FC

pH

HTFLTime

CaCl2Lime Mud LostEDTA

Wt In PVVis YP Gels

Pm Pf Mf CaCl

Depth

LCM

MBT ES

0.0

0.0%19.0% 0.0%81.0%

0.00 280

SandSolid OilWater

ECD

Wt Out

Pom O/W RatioTotal Sal.

FL Temp

0.00HTFC

0Water Lost

REACH TD @ 12,500'. PUMPED 130 BBL. SWEEP. SHORT TRIP. PUMPED ANOTHER SWEEP. PUMP & SPOT 55 BBL. LOW FLUID LOSS / HEAVY PILL IN OPEN HOLE.

Remarks

Hours Summary ( Daily / Cumulative )18.50Drilling 18.50Rotating 3.25Trips 1.75Circulating 0.00Down 0.50Other221 222 116 27 15 246

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Page 103: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/30/2015

Well Name: UNIVERSITY 40-16 1

Report No: 26

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

CodeOperations

Start Hrs Remarks RunEnd DepthStart Depth

026:00 18.50 ROT DRILL 6.0” PRODUCTION HOLE F- 12,057' TO 12,500'. ( 443' @ 23.9 FPH ) WOB- 20-24K, SPM- 54, GPM- 226, SPP- 3,350, RPM- 75, MM RPM- 196, TOTAL RPM- 271, DIFF PSI- 350/800, TORQ- 4,300/5,100, MW- 12.7 IN & OUT.MWI: 12.7+VIS: 46BACKGROUND GAS: 4CONNECTION GAS: 15 @ 12,467’TRIP GAS: 173 @ 12,500’MAX GAS: 173 @ 12,500’ LAST SAMPLE: 12,500’90% SH, 10% LS

91250012057

070:30 0.50 LUBRICATE RIG. 91250012500051:00 0.75 PUMPED HIGH VIS SWEEP TO CLEAN UP WELL BORE. CIRCUALTE OUT. PUMP 15

BBL. SLUG.91250012500

061:45 1.25 SHORT TRIP TO 11,250'. RIH TO 12,500'. MONITORED DISPLA. @ TRIP TANK. 91250012500053:00 1.00 PUMP & CIRCUALTE OUT ANOTHER HIGH VIS SWEEP TO CLEAN UP FOR LOGGING &

CASING. PUMPED 55 BBLS. OF LOW WATER LOSS/ HEAVY PILL & SPOTTED ACROSS OPEN HOLE. PUMPED SLUG. **DROPPED SLB DRILL PIPE DRIFT FOR LINER HANGER.**

91250012500

064:00 2.00 POOH TO 8,000' TO RUN LOGS & CASING. MONITOR G/L @ TRIP TANK- GOOD DISPLA. 9125001250024.00Total:

Drilling Data

ROP:215000208000Hook Load:

3350Pres on Bot: Press Off Bot:23.95Slack Off: 7000Over Pull:

Kickoff Depth: 0200000

2975Pick Up:

Crew Status: ON Remarks: NONE7522WOB: Motor RPM: 4850Torque:197Rotary RPM:

36.50BHA Hours:Daily Bits

11250 12500 1250 34.2 231250 36.509Jets 15 / 15 / 15 / 15 / 15 / 15 / 0 / 0

752 / 2 / BT / CT / C / 0 / 1 / TDChar (I/O/D/O/L/B/G/R)

FtgBit In Out ROP WOBTot Ftg Hrs RPM

TFA 1.026/26/2015

Date In9

BHA1260923Serial No.

4850Torq

36.50Tot Hrs

196MRPM

6Size

Date Out 6/30/2015Halliburt MM53DManufac. Type

Ftg MRPMHrs GPMMotor Size Brand TypeMud Motors

Cum Ftg Cum Hrs9 5 NOV 6/7 8.0 FXD 1.5 SS 0.86 RPG 1250 39.25 1972261250 39.3

Tot LengthComponent Qty Length OD Avg ID Avg RemarksDrilling Assembly

Bit - PDC - Fixed Cutter 1 1.00 6.000 0.000 1.00 HALLIBURTON MM53D PDC 12609233Motor 1 29.20 5.000 0.000 30.20 NOV 1.5 DEG MM3605000054Stab - IB 1 4.70 4.688 2.250 34.90 NORTRAC 5.5 4101Sub - Orienting 1 22.64 4.688 2.625 57.54 HALLIBURTON HOS/MWD CP11266334Monel 1 31.12 4.688 2.688 88.66 PREMIER NMDC 475304677Stab - IB 1 4.33 4.625 2.250 92.99 PREMIER 5.5 SD25491Sub - XO 1 3.55 5.250 2.250 96.54 XT-39 BOX - 3 1/2 IF PIN 4549

Pump No Model Liner Size Stroke Max PSI Max SPM SPM GPM Press. Slow Pump Rates/Pres.Mud Pumps

FD-1600 6 12 4450 1151 226 335054 30/0 40/020/0FD-1600 6 12 4450 1152 0 00 30/0 40/020/0

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Page 104: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/30/2015

Well Name: UNIVERSITY 40-16 1

Report No: 26

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

Item Received Used LostBeg Inv Transfrd End InvUnitsInventory

Anco Drill 0 0 0 55 05-galBarite (Bulk) 10 0 0 6474 0tonsBarite (Sack) 0 0 0 200200 0sks

Cal Carb 0 0 0 120120 0sksCaustic Soda 1 0 0 3940 0SksD-FOAMER 0 0 0 3232 05-gal

Diesel 1486 0 0 71658651 0galDRILL PAPER 0 0 0 4545 0sks

Drilzan 1 0 0 8990 0sksFiber Seal 0 0 0 6060 0sks

FOAM BREAK 0 0 0 3131 05-galGel 0 0 0 140140 0sks

Lime 0 0 0 100100 0sksMF-55 0 0 0 88 05-galMica 0 0 0 8686 0sks

PALLETS 0 0 0 1010 0#salt gel 0 0 0 450450 0sksSapp 0 0 0 3131 0sks

Shrink Wrap 0 0 0 1010 0#Soda Ash 0 0 0 100100 0sks

Transportation 0 0 0 1515 0#WallNut 0 0 0 5050 0sks

White Starch 20 0 0 5070 0sksWT22 0 0 0 3232 05-gal

Company Qty. HoursService Company Qty. HoursServicePersonnel Data

ANCHOR DRILLING FL 1 24.00MUD ENGINEER Diversified Well Logging 2 24.00Mud LoggersHalliburton Services 2 24.00MWD DIRECTIONAL D New Prospect Company 1 24.00CO MANPrecision Drilling 11 132.00Rig Crews Premier Directional 1 12.00Directional

240.00Totals 18.00

PersonnelFirst AidType Date Activity Company Name

Health Safety and Environment

Lost Time

Med Visit

Drilling 6/29/2015 PRECISION / ENERGEN ALLSAFETY MEETINGS ON DRILLING AHEAD. GENERAL HOUSEKEEPING, PROPER USE OF PPE & TOOLS. WATCHING FOR OVERHEAD LOADS. USING PROPER HAND PLACEMENT. STAYING FOCUSED ON JOB @ HAND. USE TEAMWORK. PRACTICE PROPER LIFTING TECHNIQUES.

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Page 105: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 6/30/2015

Well Name: UNIVERSITY 40-16 1

Report No: 26

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

Daily Cost DetailsCode Remarks Daily Exp Cum ExpIDC Vendor

20.950.030IDC - ROAD & SITE CON $175,00020.950.070IDC - INSURANCE & BO $10,00020.950.080IDC - PERMITS SURVEY $45,00020.950.101IDC - DRILL - BIT $8,629 $81,3236.0'' PDCHalliburton20.950.102IDC - DRILL - CEMENT & $85,30520.950.103IDC - DRILL - CONTRAC $23,500 $606,000RIG & CREWSPRECISION DRILLING20.950.105IDC - DRILL - EQUIPMEN $191 $31,459FORK LIFT & MAN LIFT RENTPRECISION/ NEFF20.950.105IDC - DRILL - EQUIPMEN $281 $31,459DAILY RENTAL ON RAMS.THOMAS TOOLS20.950.105IDC - DRILL - EQUIPMEN $340 $31,459DUAL CHOKES & IGNITOR.IRONHORSE20.950.105IDC - DRILL - EQUIPMEN $540 $31,459DAILY RENTAL ON RCD ROTHalliburton20.950.105IDC - DRILL - EQUIPMEN $50 $31,459DAILY H2S MINIMAL PACKAGSAFETY SOLUTIONS20.950.106IDC - DRILL - FUEL $72,63320.950.107IDC - DRILL - EQUIPMEN $751 $11,341HAUL IN TUBING HEAD/ BACTOM E LEE20.950.109IDC - DRILL - DIRECTIO $5,575 $235,980DAILY DIRECTIONAL COSTSPREMIER DIRECTIONA20.950.109IDC - DRILL - DIRECTIO $4,000 $235,980MWDSperry Drilling Services20.950.111IDC - DRILL - MOBDEMO $75,00020.950.114IDC - DRILL - SURFACE $186 $54,206COMMUNICATIONS PACKAGRIG NET/ LANDTEL20.950.114IDC - DRILL - SURFACE $590 $54,206300 BBL. PRE-MIX & TRANSFPORTABLE MUD SYS.20.950.114IDC - DRILL - SURFACE $650 $54,206HOUSING PACKAGETAN MAR20.950.114IDC - DRILL - SURFACE $60 $54,2062 X FRAC TANKSLEOS TRUCKING20.950.114IDC - DRILL - SURFACE $90 $54,2062 X LIGHT TOWERS & TRASHK.C. SERVICES20.950.116IDC - DRILL - DRILL PIP $1,250 $10,9404'' XT-39 DRILL PIPE PACKAGCASEY EQUIPMENT20.950.117IDC - DRILL - SPECIAL S $6,742 $62,015CCOST OF ANNULAR RUBBEINDIO / PRECISION20.950.118IDC - DRILL - DRILLING $5,000 $44,000WELLSITE SUPERVISORNEW PROSPECT CO.20.950.150IDC - LOGGING $1,300 $40,068MUD LOGGINGDIVERSIFIED

$59,725 $1,831,988Total IDC:Code Remarks Daily Exp Cum ExpTDC Vendor

20.940.103TDC - DE - OTHER EQUI $1,16120.940.106TDC - DE - SURFACE CA $95,53720.940.109TDC - INTERMEDIATE C $526,31220.940.201TDC - SE - CASING/ WE $19,000

$642,010Total TDC:Total Cumulative Well Costs: $59,725 $2,473,998

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Page 106: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 7/1/2015

Well Name: UNIVERSITY 40-16 1

Report No: 27

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

Surface Location: 1980 FNL, 1757 FWL - WARD, TX

Wolfcamp

$68,638$2,542,636

Formation:

Daily Costs:This AFE DHC to Date:

API Code: 4247536999

12500Start Depth(ft):

6/9/2015Spud Date:

24 Hr. Footage:

RKB to MSL: 2512500Ending Depth(ft):

$3,180,125AFE DHC:BENJAMIN DUCOTRig Supervisor 1: 318-509-9166

( ) -

RKB to CHF:$3,400,564

$6,872Total w/ Assoc AFEs :

Daily Mud Costs:

PBE1510032AFE #:

23Days from Spud:Field Name: Wellcore

0RKB to LMF:

RKB to THF:

12 - Run Casing & Cement

$2,542,636This AFE CWC to Date:

Cum Mud Costs: $190,712Rig Company:

2527.5

Rpt T. Activity:

Precision Drilling 26.5

27Report No:$6,116,398AFE Total:

Rig Supervisor 2:

CURRENTLY RIH PICKING UP 4.5'' CASING. CURRENT DEPTH 200'.Operation Desc:

24-Hour Summary/Remarks: FINISH POOH & L/D BHA. RIG UP & TEST PACK OFF. RIG UP LOGGERS. 5 HRS. OF NPT DUE TO LOGGING TOOLS NOT STAYING POWERED ON. REPAIRED SAME. RUN 1 LOG TO TD- 12,500'. POOH WITH LOGS. RIG UP TO RUN 4.5'' LINER.Next Day Operations: RUN 4.5'' LINER TO 12,500'. SET & CEMENT IN PLACE. DISPLACE CASING. POOH LAYING DRILL PIPE. NIPPLE DOWN BOPE. INSTALL TUBING HEAD.=========================================================================RIG RELEASED FROM UNIVERSITY 21-17 #1R @ 06:00 HRS. ON 6-4-2015.SPUD: 06/09/2015 @ 00:00 HRS.TOTAL RIG MOVE HRS.: 106 / DAYS: 4.42TOTAL HRS. FROM SPUD: 538TOTAL DAYS TO TD: 21.0TOTAL DEPTH: 06/30/2015 @ 00:30 HRS.TOTAL DAYS TO RELEASE: -----DOWNTIME HRS.: 0.0 TODAY / 14.5 TOTAL, PERCENTAGE OF DOWNTIME / NPT: 2.33%=========================================================================LAST 5" D/P INSPECTION WAS ON THE UNIVERSITY 24-17 #1H, ON 12/20/2014. CAT-4 INSPECTION - CSILAST 4'' D/P INSPECTION WAS ON THE SPECTRE ST. 54-4 #1H ST1, ON 3/8/2015. CAT-4 INSPECTION - CSILAST BHA INSPECTION WAS ON THE UNIVERSITY 21-17 #1R, ON 6/4/2015.CSI.=========================================================================SAFETY MEETINGS ON DRILLING AHEAD. GENERAL HOUSEKEEPING, PROPER USE OF PPE & TOOLS. WATCHING FOR OVERHEAD LOADS. USING PROPER HAND PLACEMENT. STAYING FOCUSED ON JOB @ HAND. USE TEAMWORK. PRACTICE PROPER LIFTING TECHNIQUES.DAYS SINCE LAST LTA: 367ORI'S TODAY: 0CREW SHORTAGES: NONE.// DOUBLES: 0=========================================================================FLUID LOST TO WELL: 0 BBLS TODAY / 320 TOTAL BBLS, **NO LEAKS OR SPILLS REPORTED OR OBSERVED**=========================================================================BHA #8: NOV SKHI716 PDC // HALLIBURTON BLACK BOX SHORT // NEW NOV 6 3/4" 7/8 2.9 STAGE FIXED 1.5 BEND RPG: .17 MAX DIFF: 425 GPM: 200-500 MAX TORQUE: 6,135 // 8 1/4" NM IBS // 6 3/4" NMDC // 6 3/4" HANG-OFF SUB // 6 3/4" NMDC // 8 1/4" IBS // NEW 6 3/4" SHOCK SUB // X-O SUB 4 1/2 IF x 4 1/2 XH.DAILY DRLG HRS.: 9.0, DAILY TOTAL FOOTAGE: 485', DAILY R.O.P: 53.8 FPH, TOTAL DRLG HRS.: 15.0,TOTAL FOOTAGE: 762', TOTAL RUN R.O.P: 50.8 ( PULLED FOR TD; BIT CHAR (I/O/D/O/L/B/G/R) 1 / 1 / CT / NO / N / 0 / 1 / TD ).

BHA #9: HALLIBURTON MM53D PDC, DRESSED 6X15 (TFA: 0.982), 5" NOV 1.5° FXD. -6/7, 8.0 STG., 0.86 RPG MOTOR, BEARING HOUSING, SLICK W/ FLOAT, NM 5 1/2" STAB, HOS/ MWD, NMDC, NM 5 1/2" STAB, 3 1/2'' IFP x 4" XT-39B, TOTAL LENGTH - 96.54'.DAILY DRLG HRS.: 18.5, DAILY TOTAL FOOTAGE: 443', DAILY R.O.P: 23.9 FPH, TOTAL DRLG HRS.: 36.5,TOTAL FOOTAGE: 1250', TOTAL RUN R.O.P: 34.2 ( PULLED FOR TOTAL DEPTH; BIT CHAR (I/O/D/O/L/B/G/R) 2-2-BT-CT-C-0-1-TD ).=========================================================================20'' CONDUCTOR CSG SET @ 130'13 3/8" SURFACE CSG SET @ 1,440' - 54.5# - J-55 - BTC9 5/8'' INT. CSG SET @ 4,907' - 40# - L-80 - BTC7" INT. CSG SET @ 11,038' - - 32# - CY-P-110 - ULTRA DQX4.5'' PRO. CASING LINER @ XX,XXX'PROPOSED TD: 12,500'=========================================================================LAST SURVEY:MD: 12,453' INC: 1.39° AZI: 209.75° TVD: 12,446.8’ VSEC SURVEY: -219.17 DLS: 0.21° TEMP : 164° F =========================================================================TRRC:NOTIFY TRRC OF INTENT TO SPUD AND SET SURFACE CASING @ 15:00 HRS. 6-8-2015 JOB # 8028.NOTIFY TRRC OF INTENT TO RUN 9 5/8" CASING AND CEMENT @ 06:00 HRS. 6-13-2015.NOTIFY TRRC OF INTENT TO RUN 7" CASING AND CEMENT @ 08:00 HRS. 6-24-2015.NOTIFY TRRC OF INTENT TO RUN 4.5" CASING AND CEMENT @ 13:00 HRS. 6-30-2015.Weather Summary: WIND GUST TO 19 MPH.

12494TVD:

40 / / Sec/Twn/Rng:$3,400,564Total Project Costs:

Rig Name: Precision 594Develop To: 0

JAMES WALKER 318-780-1745Tool Pusher:

Abstract: U39Location Survey: UL

Page 1 of 4 7/22/2015Powered by Production Access

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Page 107: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 7/1/2015

Well Name: UNIVERSITY 40-16 1

Report No: 27

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

BOP Test and Inspection Dates

Last BOP Drill Date:56/26/2015Last BOP Test:

7/9/2015BOP Test Due:6/24/2015Last Inspection:Days Since BOP Tested:

Surveys

Survey No. Inclination Azimuth TVD Vert Sect N/S(+/-) E/W(+/-) DLSSurvey Date Tie In Meas. Depth Des Azi31 11758 2.26 182.61 11751.97 -200.86 -200.86 -31.51 0.106/29/2015 0.0032 12230 1.11 192.66 12223.77 -214.62 -214.62 -32.94 0.256/30/2015 0.0033 12453 1.39 209.75 12446.72 -219.07 -219.07 -34.75 0.216/30/2015 0.00

Date Run Size Weight GradeCasing Top Shoe TestDrift TDHole SizeSet DepthCasing

Type6/8/2015 54.50 J-5527.50 10.0012.615 1440.0017.50013.3751440.18 Surface

Stage

ReciprocateRotate

Bump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

1 0 600 086 CirculatedSpacer, 20, 0, FRESH WATER, , 0, 0No.1Tail, 0, 1315, 4% GEL + 1/4#/SK CELLO FLAKE + 5% SALT + .004 GPS CF-41L, Class C, 1.79, 13.5No.2Displacement, 216, 0, FRESH WATER, , 0, 0No.36/13/2015 40.00 HCNL-8026.50 9.700.000 4910.0012.2509.6254907.62 Intermediate

Stage

ReciprocateRotate

Bump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

1 0 599 4000 CalculatedSpacer, 20, 0, 20 BBL FRESH WATER SPACER, , 0, 0No.1Lead, 0, 945, 1% SMS + 1/4#/SK CELLO FLAKE + 5% SALT, Class C, 2.52, 12No.2Tail, 0, 150, 1/10% C-20, Class C, 1.33, 14.8No.3Spacer, 10, 0, 10 BBL FRESH WATER SPACER, , 0, 0No.4Displacement, 356, 0, 356 BBL BRINE WATER, , 0, 0No.56/25/2015 32.00 P-11025.90 6.094 11250.008.7507.00011038.71 Intermediate

Stage

ReciprocateRotate

Bump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

1 0 1520 FULL RETURNS 4859200 CirculatedSpacer, 20, 0, 20 BBLS. OF 8.4 PPG FW, , 0, 0No.1Lead, 0, 460, 11.30 PPG., 2.93 FT³/SACK YIELD, 17.03 GAL/SACK MIX WATER. LEAD ADDITIVES: 10% GEL, 6/10% SMS, 0.3% C-20, 5 LB/SACK KOLSEAL, 0.25 LB/SACK CELLOFLAKE, 5% SALT., Class H, 2.93, 11.3

No.2

Tail, 0, 75, 15.8 PPG., 1.15 FT³/SACK YIELD, 4.96 GAL/SACK MIX WATER. TAIL ADDITIVES: 0.5% FL-17, 0.05 C-51, 0.2% C-20.398 BBLS. OF SYS. FLUID, 9.6 PPG, Class H, 1.15, 15.8

No.3

Displacement, 392, 0, DISPL. W/ SYS. FLUID- 9.3 PPG, , 0, 0No.4

StageReciprocate

RotateBump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

2 0 1380 FULL RETURNS 010 CirculatedSpacer, 20, 0, 20 BBLS. OF 8.4 PPG FW, , 0, 0No.1Lead, 0, 265, 11.30 PPG, 2.92 FT³/SACK YIELD, 17.52 GAL/SACK MIX WATER. ADDITIVES: 10% GEL, 0.6% SMS, 0.2% C-20, 0.25 LB/SACK CELLOFLAKE, 5% SALT., Class H, 2.92, 11.3

No.2

Displacement, 173, 0, DISPL. W/ SYS. FLUID- 9.3 PPG, , 0, 0No.37/1/2015 15.10 P-11010868.00 3.826 12500.006.0004.50012496.98 Production

Stage

ReciprocateRotate

Bump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

1 0 0 FULL RETURNS ENTIRE JOB 1086810 CirculatedSpacer, 24, 0, PRE-FLUSH- 1000 GALLONS MUD WASH + 2 GPT. PLEXAID 803., , 0, 0No.1Tail, 0, 130, TAIL- 50:50 CLASS H + 2% GEL + 5/10% C-47A + 0.35% C-20 + 2/10% SMS., Class H, 1.22, 14.4No.2Displacement, 134, 0, DISPLACEMENT-�30 BBLS. FRESH WATER + 1 GPT. CLAYSTOP + 1/4 GPT. PLEXCIDE 24L,104 BBLS. MUD 12.5 PPG., , 0, 0

No.3

Time Wind Dir Wind Knots Sky Conditions Temp RemarksWeather

6:00 E 9.00 Clear 67 WIND GUST TO 19 MPH.

Mud Properties

12.60 2246 12 6/8/16 12.4 0.0

10.50 2.30 0.50 1.40 075000 00.49 00.00

21:0012500

0.0

0.0 0

FL FC

pH

HTFLTime

CaCl2Lime Mud LostEDTA

Wt In PVVis YP Gels

Pm Pf Mf CaCl

Depth

LCM

MBT ES

0.0

0.0%19.0% 0.0%81.0%

0.00 280

SandSolid OilWater

ECD

Wt Out

Pom O/W RatioTotal Sal.

FL Temp

0.00HTFC

0Water Lost

DRILL TO 12500 TD. PUMP SWEEP AND CIRC OUT. SHORT TRIP TO SHOE 14 STDS.TIH SPOT 60 BBLS OF 14.0 PPG WITH 6CC FLUID LOSS PILL IN OPEN HOLE. TOHRIG UP AND RUN LOG TO TD.

Remarks

Hours Summary ( Daily / Cumulative )0.00Drilling 0.00Rotating 5.00Trips 0.00Circulating 0.00Down 18.50Other221 222 121 27 15 265

Page 2 of 4 7/22/2015Powered by Production Access

Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs7/1/2015 27 12500 12 - Run Casing & Cement 12.6 $68,638 $6,116,398$2,542,636

Page 108: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 7/1/2015

Well Name: UNIVERSITY 40-16 1

Report No: 27

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

CodeOperations

Start Hrs Remarks RunEnd DepthStart Depth

066:00 5.00 FINISH POOH TO SURFACE. LAY DOWN BHA #9. LAY DOWN ALL UNUSED TOOLS OFF OF RIG FLOOR.

91250012500

0711:00 0.50 LUBRICATE RIG. NIH12500125001111:30 16.50 REMOVE TRIP NIPPLE. INSTALL LOGGING ADAPTER & PACK OFF. HOLD PJSM WITH

LOGGING CREW. RIG UP SHEAVES & LOGGERS EQUIPMENT. TEST PACK OFF TO 800 PSI. RUN 1 LOGGING RUN- PEX, HNGS, DIPOLE SONIC (TD TO 2ND INTERMEDIATE CASING), GR +300' ABOVE CASING SHOE. LOGGERS TD @ 12,500'. ** 5 HRS. OF NPT DUE TO SLB TOOLS NOT WORKING PROPERLY. ENGINEER TROUBLESHOOTING & REPAIRED PROBLEM.**

NIH1250012500

124:00 1.50 HOLD PJSM WITH ALL ON RIGGING UP & RUNNING CASING. RIG UP CASING CREWS. DUMP TEST TONGS WITH TORQ/ TURN. MAKE UP & RUN 4.5'' - 15.1# - HCP-110 - ULTRA DQX CASING LINER. M/U FLOAT EQUIPMENT & LANDING COLLAR. PUMP THRU & TEST FLOAT EQUIPMENT- GOOD TEST. RIH TO 200'.

NIH1250012500

23.50Total:Drilling Data

ROP:215000208000Hook Load:

Pres on Bot: Press Off Bot:0.00Slack Off: 7000Over Pull:

Kickoff Depth: 0200000Pick Up:

Crew Status: ON Remarks: NONEWOB: Motor RPM: Torque:0Rotary RPM:

0.00BHA Hours:Daily Bits

11250 12500 1250 34.2 231250 36.509Jets 15 / 15 / 15 / 15 / 15 / 15 / 0 / 0

752 / 2 / BT / CT / C / 0 / 1 / TDChar (I/O/D/O/L/B/G/R)

FtgBit In Out ROP WOBTot Ftg Hrs RPM

TFA 1.026/26/2015

Date In9

BHA1260923Serial No.

4850Torq

36.50Tot Hrs

196MRPM

6Size

Date Out 6/30/2015Halliburt MM53DManufac. Type

Ftg MRPMHrs GPMMotor Size Brand TypeMud Motors

Cum Ftg Cum Hrs9 5 NOV 6/7 8.0 FXD 1.5 SS 0.86 RPG 1250 39.25 1972261250 39.3

Pump No Model Liner Size Stroke Max PSI Max SPM SPM GPM Press. Slow Pump Rates/Pres.Mud Pumps

FD-1600 6 12 4450 1151 30/0 40/020/0FD-1600 6 12 4450 1152 0 00 30/0 40/020/0

Item Received Used LostBeg Inv Transfrd End InvUnitsInventory

Anco Drill 0 0 0 55 05-galBarite (Bulk) 0 0 0 6464 0tonsBarite (Sack) 0 0 0 200200 0sks

Cal Carb 0 0 0 120120 0sksCaustic Soda 0 0 0 3939 0SksD-FOAMER 0 0 0 3232 05-gal

Diesel 734 0 0 64317165 0galDRILL PAPER 0 0 0 4545 0sks

Drilzan 0 0 0 8989 0sksFiber Seal 0 0 0 6060 0sks

FOAM BREAK 0 0 0 3131 05-galGel 0 0 0 140140 0sks

Lime 0 0 0 100100 0sksMF-55 0 0 0 88 05-galMica 0 0 0 8686 0sks

PALLETS 0 0 0 1010 0#salt gel 0 0 0 450450 0sksSapp 0 0 0 3131 0sks

Shrink Wrap 0 0 0 1010 0#Soda Ash 0 0 0 100100 0sks

Transportation 0 0 0 1515 0#WallNut 0 0 0 5050 0sks

White Starch 0 0 0 5050 0sksWT22 0 0 0 3232 05-gal

Page 3 of 4 7/22/2015Powered by Production Access

Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs7/1/2015 27 12500 12 - Run Casing & Cement 12.6 $68,638 $6,116,398$2,542,636

Page 109: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 7/1/2015

Well Name: UNIVERSITY 40-16 1

Report No: 27

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

Company Qty. HoursService Company Qty. HoursServicePersonnel Data

ANCHOR DRILLING FL 1 24.00MUD ENGINEER Diversified Well Logging 2 24.00Mud LoggersHalliburton Services 2 24.00MWD DIRECTIONAL D New Prospect Company 1 24.00CO MANPrecision Drilling 11 132.00Rig Crews Premier Directional 1 12.00Directional

240.00Totals 18.00

PersonnelFirst AidType Date Activity Company Name

Health Safety and Environment

Lost Time

Med Visit

Drilling 6/30/2015 ENERGENNOTIFY TRRC OF INTENT TO RUN 4.5" CASING AND CEMENT @ 13:00 HRS. 6-30-2015.

Drilling 6/30/2015 PRECISION / ENERGEN ALLSAFETY MEETINGS ON DRILLING AHEAD. GENERAL HOUSEKEEPING, PROPER USE OF PPE & TOOLS. WATCHING FOR OVERHEAD LOADS. USING PROPER HAND PLACEMENT. STAYING FOCUSED ON JOB @ HAND. USE TEAMWORK. PRACTICE PROPER LIFTING TECHNIQUES.

Drilling 6/30/2015 PRECISION / ENERGEN / SLB / CASING CREWS ALLPJSM ON RIGGING UP WIRELINE EQUIPMENT & CASING TOOLS.

Daily Cost DetailsCode Remarks Daily Exp Cum ExpIDC Vendor

20.950.030IDC - ROAD & SITE CON $175,00020.950.070IDC - INSURANCE & BO $10,00020.950.080IDC - PERMITS SURVEY $45,00020.950.101IDC - DRILL - BIT $81,32320.950.102IDC - DRILL - CEMENT & $85,30520.950.103IDC - DRILL - CONTRAC $23,500 $629,500RIG & CREWSPRECISION DRILLING20.950.105IDC - DRILL - EQUIPMEN $340 $32,861DUAL CHOKES & IGNITOR.IRONHORSE20.950.105IDC - DRILL - EQUIPMEN $191 $32,861FORK LIFT & MAN LIFT RENTPRECISION/ NEFF20.950.105IDC - DRILL - EQUIPMEN $540 $32,861DAILY RENTAL ON RCD ROTHalliburton20.950.105IDC - DRILL - EQUIPMEN $281 $32,861DAILY RENTAL ON RAMS.THOMAS TOOLS20.950.105IDC - DRILL - EQUIPMEN $50 $32,861DAILY H2S MINIMAL PACKAGSAFETY SOLUTIONS20.950.106IDC - DRILL - FUEL $72,63320.950.107IDC - DRILL - EQUIPMEN $881 $12,701HAUL BACK ALL 4.75'' DIRECTOM E LEE20.950.107IDC - DRILL - EQUIPMEN $479 $12,701HAUL BACK HALLIBURTON MRAM ROD TRUCKING20.950.109IDC - DRILL - DIRECTIO $235,98020.950.111IDC - DRILL - MOBDEMO $75,00020.950.114IDC - DRILL - SURFACE $500 $56,292300 BBL. PRE-MIX & TRANSFPORTABLE MUD SYS.20.950.114IDC - DRILL - SURFACE $186 $56,292COMMUNICATIONS PACKAGRIG NET/ LANDTEL20.950.114IDC - DRILL - SURFACE $650 $56,292HOUSING PACKAGETAN MAR20.950.114IDC - DRILL - SURFACE $600 $56,292FW FOR HOUSINGPRIME TIME20.950.114IDC - DRILL - SURFACE $90 $56,2922 X LIGHT TOWERS & TRASHK.C. SERVICES20.950.114IDC - DRILL - SURFACE $60 $56,2922 X FRAC TANKSLEOS TRUCKING20.950.116IDC - DRILL - DRILL PIP $1,250 $12,1904'' XT-39 DRILL PIPE PACKAGCASEY EQUIPMENT20.950.117IDC - DRILL - SPECIAL S $62,01520.950.118IDC - DRILL - DRILLING $5,000 $49,000WELLSITE SUPERVISORNEW PROSPECT CO.20.950.150IDC - LOGGING $1,300 $62,018MUD LOGGINGDIVERSIFIED20.950.150IDC - LOGGING $20,650 $62,018RUN OPEN HOLE LOGS IN 6.Schlumberger

$56,547 $1,895,408Total IDC:Code Remarks Daily Exp Cum ExpTDC Vendor

20.940.103TDC - DE - OTHER EQUI $1,16120.940.104TDC - DE - PRODUCTIO $5,218 $5,2184.5'' FLOAT EQUIPMENT & THWeatherford20.940.106TDC - DE - SURFACE CA $95,53720.940.109TDC - INTERMEDIATE C $526,31220.940.201TDC - SE - CASING/ WE $19,000

$5,218 $647,228Total TDC:Total Cumulative Well Costs: $61,765 $2,542,636

Page 4 of 4 7/22/2015Powered by Production Access

Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs7/1/2015 27 12500 12 - Run Casing & Cement 12.6 $68,638 $6,116,398$2,542,636

Page 110: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 7/2/2015

Well Name: UNIVERSITY 40-16 1

Report No: 28

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

Surface Location: 1980 FNL, 1757 FWL - WARD, TX

Wolfcamp

$98,663$2,641,299

Formation:

Daily Costs:This AFE DHC to Date:

API Code: 4247536999

12500Start Depth(ft):

6/9/2015Spud Date:

24 Hr. Footage:

RKB to MSL: 2512500Ending Depth(ft):

$3,180,125AFE DHC:BENJAMIN DUCOTRig Supervisor 1: 318-509-9166

( ) -

RKB to CHF:$3,400,564

$5,986Total w/ Assoc AFEs :

Daily Mud Costs:

PBE1510032AFE #:

24Days from Spud:Field Name: Wellcore

0RKB to LMF:

RKB to THF:

25 - LD Drill Pipe

$2,641,299This AFE CWC to Date:

Cum Mud Costs: $196,697Rig Company:

2527.5

Rpt T. Activity:

Precision Drilling 26.5

28Report No:$6,116,398AFE Total:

Rig Supervisor 2:

LD 4'' DP TO 4500'. PULLING OUT WITH SLB LINER RUNNING TOOLS.Operation Desc:

24-Hour Summary/Remarks: RUN 4.5'' LINER TO 1,628'. PICK UP LINER HANGER. RIH WITH DRILL PIPE TO 12,497'. SET LINER. CIRCULATE TRIP GAS & FOR CEMENT. RIG UP CEMENTERS. CEMENT LINER IN PLACE. STING OUT OF LINER, TEST LINER TO 1,500 PSI & DISPLACE 7.0'' CASING WITH 2% KCL/ BIOCIDE. LAY DOWN DRILL PIPE & SLB LINER RUNNING TOOLS.Next Day Operations: NIPPLE DOWN BOPE. INSTALL TUBING HEAD. JET & CLEAN MUD PITS & RIG.=========================================================================RIG RELEASED FROM UNIVERSITY 21-17 #1R @ 06:00 HRS. ON 6-4-2015.SPUD: 06/09/2015 @ 00:00 HRS.TOTAL RIG MOVE HRS.: 106 / DAYS: 4.42TOTAL HRS. FROM SPUD: 562TOTAL DAYS TO TD: 21.0TOTAL DEPTH: 06/30/2015 @ 00:30 HRS.TOTAL DAYS TO RELEASE: -----DOWNTIME HRS.: 0.0 TODAY / 14.5 TOTAL, PERCENTAGE OF DOWNTIME / NPT: 2.29%=========================================================================LAST 5" D/P INSPECTION WAS ON THE UNIVERSITY 24-17 #1H, ON 12/20/2014. CAT-4 INSPECTION - CSILAST 4'' D/P INSPECTION WAS ON THE SPECTRE ST. 54-4 #1H ST1, ON 3/8/2015. CAT-4 INSPECTION - CSILAST BHA INSPECTION WAS ON THE UNIVERSITY 21-17 #1R, ON 6/4/2015.CSI.=========================================================================SAFETY MEETINGS ON RUNNING CASING & CEMENTING CASING.DAYS SINCE LAST LTA: 368ORI'S TODAY: 0CREW SHORTAGES: NONE.// DOUBLES: 0=========================================================================FLUID LOST TO WELL: 0 BBLS TODAY / 320 TOTAL BBLS, **NO LEAKS OR SPILLS REPORTED OR OBSERVED**=========================================================================BHA #8: NOV SKHI716 PDC // HALLIBURTON BLACK BOX SHORT // NEW NOV 6 3/4" 7/8 2.9 STAGE FIXED 1.5 BEND RPG: .17 MAX DIFF: 425 GPM: 200-500 MAX TORQUE: 6,135 // 8 1/4" NM IBS // 6 3/4" NMDC // 6 3/4" HANG-OFF SUB // 6 3/4" NMDC // 8 1/4" IBS // NEW 6 3/4" SHOCK SUB // X-O SUB 4 1/2 IF x 4 1/2 XH.DAILY DRLG HRS.: 9.0, DAILY TOTAL FOOTAGE: 485', DAILY R.O.P: 53.8 FPH, TOTAL DRLG HRS.: 15.0,TOTAL FOOTAGE: 762', TOTAL RUN R.O.P: 50.8 ( PULLED FOR TD; BIT CHAR (I/O/D/O/L/B/G/R) 1 / 1 / CT / NO / N / 0 / 1 / TD ).

BHA #9: HALLIBURTON MM53D PDC, DRESSED 6X15 (TFA: 0.982), 5" NOV 1.5° FXD. -6/7, 8.0 STG., 0.86 RPG MOTOR, BEARING HOUSING, SLICK W/ FLOAT, NM 5 1/2" STAB, HOS/ MWD, NMDC, NM 5 1/2" STAB, 3 1/2'' IFP x 4" XT-39B, TOTAL LENGTH - 96.54'.DAILY DRLG HRS.: 18.5, DAILY TOTAL FOOTAGE: 443', DAILY R.O.P: 23.9 FPH, TOTAL DRLG HRS.: 36.5,TOTAL FOOTAGE: 1250', TOTAL RUN R.O.P: 34.2 ( PULLED FOR TOTAL DEPTH; BIT CHAR (I/O/D/O/L/B/G/R) 2-2-BT-CT-C-0-1-TD ).=========================================================================20'' CONDUCTOR CSG SET @ 130'13 3/8" SURFACE CSG SET @ 1,440' - 54.5# - J-55 - BTC9 5/8'' INT. CSG SET @ 4,907' - 40# - L-80 - BTC7" INT. CSG SET @ 11,038' - - 32# - CY-P-110 - ULTRA DQX4.5'' PRO. CASING LINER @ 12,494.98' - 15.1# - HCP-110 - ULTRA DQXCASING BREAK DOWN:ELEVATION- 10,868.00’CASING- 12,380.25’MARKER JOINT- 12,402.21’CASING- 12,447.01’LANDING COLLAR- 12,448.44’FLOAT COLLAR- 12,450.22’CASING- 12,495.31’FLOAT SHOE- 12,496.98’TD: 12,500'=========================================================================LAST SURVEY:MD: 12,453' INC: 1.39° AZI: 209.75° TVD: 12,446.8’ VSEC SURVEY: -219.17 DLS: 0.21° TEMP : 164° F =========================================================================

12494TVD:

40 / / Sec/Twn/Rng:$3,400,564Total Project Costs:

Rig Name: Precision 594Develop To: 0

JAMES WALKER 318-780-1745Tool Pusher:

Abstract: U39Location Survey: UL

Page 1 of 4 7/22/2015Powered by Production Access

Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs7/2/2015 28 12500 25 - LD Drill Pipe 12.6 $98,663 $6,116,398$2,641,299

Page 111: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 7/2/2015

Well Name: UNIVERSITY 40-16 1

Report No: 28

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

TRRC:NOTIFY TRRC OF INTENT TO SPUD AND SET SURFACE CASING @ 15:00 HRS. 6-8-2015 JOB # 8028.NOTIFY TRRC OF INTENT TO RUN 9 5/8" CASING AND CEMENT @ 06:00 HRS. 6-13-2015.NOTIFY TRRC OF INTENT TO RUN 7" CASING AND CEMENT @ 08:00 HRS. 6-24-2015.NOTIFY TRRC OF INTENT TO RUN 4.5" CASING AND CEMENT @ 13:00 HRS. 6-30-2015.Weather Summary: WIND GUST TO 14 MPH.

BOP Test and Inspection Dates

Last BOP Drill Date:66/26/2015Last BOP Test:

7/9/2015BOP Test Due:6/24/2015Last Inspection:Days Since BOP Tested:

Surveys

Survey No. Inclination Azimuth TVD Vert Sect N/S(+/-) E/W(+/-) DLSSurvey Date Tie In Meas. Depth Des Azi31 11758 2.26 182.61 11751.97 -200.86 -200.86 -31.51 0.106/29/2015 0.0032 12230 1.11 192.66 12223.77 -214.62 -214.62 -32.94 0.256/30/2015 0.0033 12453 1.39 209.75 12446.72 -219.07 -219.07 -34.75 0.216/30/2015 0.00

Date Run Size Weight GradeCasing Top Shoe TestDrift TDHole SizeSet DepthCasing

Type6/8/2015 54.50 J-5527.50 10.0012.615 1440.0017.50013.3751440.18 Surface

Stage

ReciprocateRotate

Bump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

1 0 600 086 CirculatedSpacer, 20, 0, FRESH WATER, , 0, 0No.1Tail, 0, 1315, 4% GEL + 1/4#/SK CELLO FLAKE + 5% SALT + .004 GPS CF-41L, Class C, 1.79, 13.5No.2Displacement, 216, 0, FRESH WATER, , 0, 0No.36/13/2015 40.00 HCNL-8026.50 9.700.000 4910.0012.2509.6254907.62 Intermediate

Stage

ReciprocateRotate

Bump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

1 0 599 4000 CalculatedSpacer, 20, 0, 20 BBL FRESH WATER SPACER, , 0, 0No.1Lead, 0, 945, 1% SMS + 1/4#/SK CELLO FLAKE + 5% SALT, Class C, 2.52, 12No.2Tail, 0, 150, 1/10% C-20, Class C, 1.33, 14.8No.3Spacer, 10, 0, 10 BBL FRESH WATER SPACER, , 0, 0No.4Displacement, 356, 0, 356 BBL BRINE WATER, , 0, 0No.56/25/2015 32.00 P-11025.90 6.094 11250.008.7507.00011038.71 Intermediate

Stage

ReciprocateRotate

Bump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

1 0 1520 FULL RETURNS 4859200 CirculatedSpacer, 20, 0, 20 BBLS. OF 8.4 PPG FW, , 0, 0No.1Lead, 0, 460, 11.30 PPG., 2.93 FT³/SACK YIELD, 17.03 GAL/SACK MIX WATER. LEAD ADDITIVES: 10% GEL, 6/10% SMS, 0.3% C-20, 5 LB/SACK KOLSEAL, 0.25 LB/SACK CELLOFLAKE, 5% SALT., Class H, 2.93, 11.3

No.2

Tail, 0, 75, 15.8 PPG., 1.15 FT³/SACK YIELD, 4.96 GAL/SACK MIX WATER. TAIL ADDITIVES: 0.5% FL-17, 0.05 C-51, 0.2% C-20.398 BBLS. OF SYS. FLUID, 9.6 PPG, Class H, 1.15, 15.8

No.3

Displacement, 392, 0, DISPL. W/ SYS. FLUID- 9.3 PPG, , 0, 0No.4

StageReciprocate

RotateBump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

2 0 1380 FULL RETURNS 010 CirculatedSpacer, 20, 0, 20 BBLS. OF 8.4 PPG FW, , 0, 0No.1Lead, 0, 265, 11.30 PPG, 2.92 FT³/SACK YIELD, 17.52 GAL/SACK MIX WATER. ADDITIVES: 10% GEL, 0.6% SMS, 0.2% C-20, 0.25 LB/SACK CELLOFLAKE, 5% SALT., Class H, 2.92, 11.3

No.2

Displacement, 173, 0, DISPL. W/ SYS. FLUID- 9.3 PPG, , 0, 0No.37/1/2015 15.10 P-11010868.00 3.826 12500.006.0004.50012496.98 Production

Stage

ReciprocateRotate

Bump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

1 0 0 FULL RETURNS ENTIRE JOB 1086810 CirculatedSpacer, 24, 0, PRE-FLUSH- 1000 GALLONS MUD WASH + 2 GPT. PLEXAID 803., , 0, 0No.1Tail, 0, 130, TAIL- 50:50 CLASS H + 2% GEL + 5/10% C-47A + 0.35% C-20 + 2/10% SMS., Class H, 1.22, 14.4No.2Displacement, 134, 0, DISPLACEMENT-�30 BBLS. FRESH WATER + 1 GPT. CLAYSTOP + 1/4 GPT. PLEXCIDE 24L,104 BBLS. MUD 12.5 PPG., , 0, 0

No.3

Time Wind Dir Wind Knots Sky Conditions Temp RemarksWeather

6:00 ENE 7.00 MOSTLY CLOUDY 69 WIND GUST TO 14 MPH.

Mud Properties

12.60 2246 12 6/8/16 12.4 0.0

10.50 2.30 0.50 1.40 075000 00.49 00.00

21:0012500

0.0

0.0 0

FL FC

pH

HTFLTime

CaCl2Lime Mud LostEDTA

Wt In PVVis YP Gels

Pm Pf Mf CaCl

Depth

LCM

MBT ES

0.0

0.0%19.0% 0.0%81.0%

0.00 280

SandSolid OilWater

ECD

Wt Out

Pom O/W RatioTotal Sal.

FL Temp

0.00HTFC

0Water Lost

FINISH LOGS. RIG UP & RUN LINER. CIRCU BU'S. SET LINER & CEMENT IN PLACE.

Remarks

Page 2 of 4 7/22/2015Powered by Production Access

Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs7/2/2015 28 12500 25 - LD Drill Pipe 12.6 $98,663 $6,116,398$2,641,299

Page 112: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 7/2/2015

Well Name: UNIVERSITY 40-16 1

Report No: 28

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

Hours Summary ( Daily / Cumulative )0.00Drilling 0.00Rotating 7.00Trips 3.00Circulating 0.00Down 14.00Other221 222 128 30 15 279

CodeOperations

Start Hrs Remarks RunEnd DepthStart Depth

126:00 3.00 RIH WITH 4.5'' CASING F- 200' TO 1,628'. P/U SLB LINER HANGER. P/U 1 STD OF DP & CIRCULATE LINER. CASING BREAK: ELEVATION- 10,868.00’, CASING- 12,380.25’, MARKER JOINT- 12,402.21’, CASING- 12,447.01’, LANDING COLLAR- 12,448.44’, FLOAT COLLAR- 12,450.22’, CASING- 12,495.31’, FLOAT SHOE- 12,496.98’. TOTAL JNTS. RIH: 36. TOTAL TURBOLIZERS RIH: 5. RIG DOWN CASING CREWS. CIRCU CASING CAPACITY.

NIH1250012500

069:00 7.00 RIH WITH 4.5'' LINER ON 4'' DRILL PIPE TO 12,497'. MONITORING DISPL. @ TRIP TANK. FILL UP EVERY 25 STDS. RIH @ 120 FT./MIN.

NIH1250012500

0516:00 3.00 CIRCULATE FOR CEMENT. SLB DROPPED LANDING BALL. PUMPED DOWN, SET WITH 2,800 PSI. SET LINER DOWN TO FROM 193K TO 150K. PUT 4 SETS OF 4 RDS. INTO LINER, UP TO 6K TORQ. WORKED STRING UP, VERIFIED LINER SET WHEN STRING TRAVELED @ 220K, ORIGINAL STRING PICK UP WT.- 240K.

NIH1250012500

1219:00 4.00 HOLD PJSM. RIG UP CEMENTERS. RIG UP SLB LINER CEMENT HEAD (PRELOADED PLUG). TEST LINES TO 5K PSI. OPEN BALL SEAT @ 3,800 PSI. START CEMENT- PRE-FLUSH-�1,000 GALLONS MUD WASH + 2 GPT. PLEXAID 803. TAIL- 50:50 CLASS H + 2% GEL + 5/10% C-47A + 0.35% C-20 + 2/10% SMS. SACK VOLUME- 130, WEIGHT, PPG.- 14.40, YIELD, FT.3/SK- 1.22, WATER, GAL./SK- 5.41, TOP OF CEMENT- 10,868', EXCESS- 15%, FREE WATER- 0, COMPRESSIVE STRENGTHS 24 HR. - 1191, 72 HR. – 2119, DISPLACEMENT-� 30 BBLS. FRESH WATER + 1 GPT. CLAYSTOP + 1/4 GPT. PLEXCIDE 24L, 104 BBLS. MUD 12.7 PPG. STING OUT OF LINER. CIRCULATED BOTTOM'S UP, CIRCU 1 BBL. OF CEMENT TO SURFACE. TEST TOP OF LINER TO 1,500 PSI. DISPLACE 7.0'' CASING WITH 255 BBLS. FRESH WATER + 1 GPT. CLAYSTOP + 1/4 GPT. PLEXCIDE 24L. RIG DOWN SLB LINER CEMENT HEAD. RIG DOWN ALL CEMENTERS EQUIPMENT.

NIH1250012500

2123:00 1.00 WASH THRU ALL LINES & BOPE. DRAIN TANKS & PUMP THRU ALL LINES & PUMPS. NIH1250012500250:00 6.00 LDDP- 4'' F- 10,868' TO SURFACE. L/D SLB LINER RUNNING TOOLS. NIH1250012500

24.00Total:Drilling Data

ROP:250000240000Hook Load:

1550Pres on Bot: Press Off Bot:0.00Slack Off: 10000Over Pull:

Kickoff Depth: 0200000

1550Pick Up:

Crew Status: ON Remarks: NONEWOB: Motor RPM: Torque:128Rotary RPM:

0.00BHA Hours:

Pump No Model Liner Size Stroke Max PSI Max SPM SPM GPM Press. Slow Pump Rates/Pres.Mud Pumps

FD-1600 6 12 4450 1151 147 155035 30/0 40/020/0FD-1600 6 12 4450 1152 0 00 30/0 40/020/0

Item Received Used LostBeg Inv Transfrd End InvUnitsInventory

Anco Drill 0 0 0 55 05-galBarite (Bulk) 0 0 0 6464 0tonsBarite (Sack) 0 0 0 200200 0sks

Cal Carb 0 0 0 120120 0sksCaustic Soda 0 0 0 3939 0SksD-FOAMER 0 0 0 3232 05-gal

Diesel 902 0 0 55296431 0galDRILL PAPER 0 0 0 4545 0sks

Drilzan 0 0 0 8989 0sksFiber Seal 0 0 0 6060 0sks

FOAM BREAK 0 0 0 3131 05-galGel 0 0 0 140140 0sks

Lime 0 0 0 100100 0sksMF-55 0 0 0 88 05-galMica 0 0 0 8686 0sks

PALLETS 0 0 0 1010 0#salt gel 18 0 0 432450 0sksSapp 0 0 0 3131 0sks

Shrink Wrap 0 0 0 1010 0#Soda Ash 0 0 0 100100 0sks

Transportation 0 0 0 1515 0#WallNut 0 0 0 5050 0sks

White Starch 8 0 0 4250 0sksWT22 0 0 0 3232 05-gal

Page 3 of 4 7/22/2015Powered by Production Access

Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs7/2/2015 28 12500 25 - LD Drill Pipe 12.6 $98,663 $6,116,398$2,641,299

Page 113: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 7/2/2015

Well Name: UNIVERSITY 40-16 1

Report No: 28

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

Company Qty. HoursService Company Qty. HoursServicePersonnel Data

ANCHOR DRILLING FL 1 24.00MUD ENGINEER New Prospect Company 1 24.00CO MANPrecision Drilling 11 132.00Rig Crews

180.00Totals 13.00

PersonnelFirst AidType Date Activity Company Name

Health Safety and Environment

Lost Time

Med Visit

Drilling 7/1/2015 PRECISION / ENRGEN ALLPRETOUR MEETING ON RUNNING CASING. TRIPPING DRILL PIPE IN THE HOLE.

Drilling 7/1/2015 PRECISION / ENERGEN / BUTCH'S / O-TEX ALLPJSM ON RUNING CASING & CEMENTING CASING.

Daily Cost DetailsCode Remarks Daily Exp Cum ExpIDC Vendor

20.950.030IDC - ROAD & SITE CON $175,00020.950.070IDC - INSURANCE & BO $10,00020.950.080IDC - PERMITS SURVEY $45,00020.950.101IDC - DRILL - BIT $81,32320.950.102IDC - DRILL - CEMENT & $13,899 $99,204CEMENT 4.5'' LINERO-TEX20.950.103IDC - DRILL - CONTRAC $23,500 $653,000RIG & CREWSPRECISION DRILLING20.950.105IDC - DRILL - EQUIPMEN $281 $34,263DAILY RENTAL ON RAMS.THOMAS TOOLS20.950.105IDC - DRILL - EQUIPMEN $50 $34,263DAILY H2S MINIMAL PACKAGSAFETY SOLUTIONS20.950.105IDC - DRILL - EQUIPMEN $340 $34,263DUAL CHOKES & IGNITOR.IRONHORSE20.950.105IDC - DRILL - EQUIPMEN $191 $34,263FORK LIFT & MAN LIFT RENTPRECISION/ NEFF20.950.105IDC - DRILL - EQUIPMEN $540 $34,263DAILY RENTAL ON RCD ROTHalliburton20.950.106IDC - DRILL - FUEL $72,63320.950.107IDC - DRILL - EQUIPMEN $1,031 $13,732HAUL BACK CASING TO SOOTOM E LEE TRUCKING20.950.109IDC - DRILL - DIRECTIO $235,98020.950.111IDC - DRILL - MOBDEMO $75,00020.950.114IDC - DRILL - SURFACE $500 $58,528300 BBL. PRE-MIX & TRANSFPORTABLE MUD SYS.20.950.114IDC - DRILL - SURFACE $650 $58,528HOUSING PACKAGETAN MAR20.950.114IDC - DRILL - SURFACE $60 $58,5282 X FRAC TANKSLEOS TRUCKING20.950.114IDC - DRILL - SURFACE $90 $58,5282 X LIGHT TOWERS & TRASHK.C. SERVICES20.950.114IDC - DRILL - SURFACE $750 $58,528HAUL OFF THREAD PROTECTRI STAR20.950.114IDC - DRILL - SURFACE $186 $58,528COMMUNICATIONS PACKAGRIG NET/ LANDTEL20.950.116IDC - DRILL - DRILL PIP $1,250 $13,4404'' XT-39 DRILL PIPE PACKAGCASEY EQUIPMENT20.950.117IDC - DRILL - SPECIAL S $2,577 $69,988RUN 1628' OF 4.5'' CASINGBUTCH'S CASING20.950.117IDC - DRILL - SPECIAL S $1,896 $69,988ULTRA THREAD REP.TMK20.950.117IDC - DRILL - SPECIAL S $3,500 $69,988TORQ/ TURN 4.5'' CASINGSOUTHERN CONNECTI20.950.118IDC - DRILL - DRILLING $5,000 $54,000WELLSITE SUPERVISORNEW PROSPECT CO.20.950.150IDC - LOGGING $2,500 $65,818LOGGING ADAPTER / PACK OIL STATES20.950.150IDC - LOGGING $1,300 $65,818MUD LOGGINGDIVERSIFIED

$60,091 $1,969,651Total IDC:Code Remarks Daily Exp Cum ExpTDC Vendor

20.940.103TDC - DE - OTHER EQUI $1,16120.940.104TDC - DE - PRODUCTIO $24,420 $29,6381628' OF 4.5'' LINER CASINGSOONER, PIPE20.940.106TDC - DE - SURFACE CA $95,53720.940.109TDC - INTERMEDIATE C $526,31220.940.201TDC - SE - CASING/ WE $19,000

$24,420 $671,648Total TDC:Total Cumulative Well Costs: $84,511 $2,641,299

Page 4 of 4 7/22/2015Powered by Production Access

Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs7/2/2015 28 12500 25 - LD Drill Pipe 12.6 $98,663 $6,116,398$2,641,299

Page 114: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 7/3/2015

Well Name: UNIVERSITY 40-16 1

Report No: 29

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

Surface Location: 1980 FNL, 1757 FWL - WARD, TX

Wolfcamp

$149,972$2,791,271

Formation:

Daily Costs:This AFE DHC to Date:

API Code: 4247536999

12500Start Depth(ft):

6/9/2015Spud Date:

24 Hr. Footage:

RKB to MSL: 2512500Ending Depth(ft):

$3,180,125AFE DHC:BENJAMIN DUCOTRig Supervisor 1: 318-509-9166

( ) -

RKB to CHF:$3,400,564

($128)Total w/ Assoc AFEs :

Daily Mud Costs:

PBE1510032AFE #:

25Days from Spud:Field Name: Wellcore

0RKB to LMF:

RKB to THF:

Clean Mud Tanks

$2,791,271This AFE CWC to Date:

Cum Mud Costs: $196,569Rig Company:

2527.5

Rpt T. Activity:

Precision Drilling 26.5

29Report No:$6,116,398AFE Total:

Rig Supervisor 2:

TUBING HEAD & FRAC VALVE INSTALLED. CLEANING PITS & RIGGINGOperation Desc:

24-Hour Summary/Remarks: LAY DOWN DRILL PIPE & SLB LINER RUNNING TOOLS. NIPPLE DOWN BOPE. INSTALL TUBING HEAD, FRAC VALVE & TEST. JET, CLEAN PITS, & WASH RIG. WASH THRU ALL LINES & PUMPS. CLEAN RIG FOR RELEASE. RIG DOWN 3RD PARTY EQUIPMENT.Next Day Operations: FINISH CLEANING RIG. RIG DOWN & RELEASE ALL SURFACE EQUIPMENT. RELEASE RIG. START RIGGING DOWN. PREP FOR TRANSPORT.=========================================================================RIG RELEASED FROM UNIVERSITY 21-17 #1R @ 06:00 HRS. ON 6-4-2015.SPUD: 06/09/2015 @ 00:00 HRS.TOTAL RIG MOVE HRS.: 106 / DAYS: 4.42TOTAL HRS. FROM SPUD: 586TOTAL DAYS TO TD: 21.0TOTAL DEPTH: 06/30/2015 @ 00:30 HRS.TOTAL DAYS TO RELEASE: -----DOWNTIME HRS.: 0.0 TODAY / 14.5 TOTAL, PERCENTAGE OF DOWNTIME / NPT: 2.29%=========================================================================LAST 5" D/P INSPECTION WAS ON THE UNIVERSITY 24-17 #1H, ON 12/20/2014. CAT-4 INSPECTION - CSILAST 4'' D/P INSPECTION WAS ON THE SPECTRE ST. 54-4 #1H ST1, ON 3/8/2015. CAT-4 INSPECTION - CSILAST BHA INSPECTION WAS ON THE UNIVERSITY 21-17 #1R, ON 6/4/2015.CSI.=========================================================================SAFETY MEETING WITH ALL ON LAYING DOWN DRILL PIPE. WATCHING FOR PINCH PIONTS. WEARING ALL PROPER PPE. GENERAL HOUSEKEEPING. HEAT EXHAUSTION.DAYS SINCE LAST LTA: 369ORI'S TODAY: 0CREW SHORTAGES: NONE.// DOUBLES: 0=========================================================================FLUID LOST TO WELL: 0 BBLS TODAY / 320 TOTAL BBLS, **NO LEAKS OR SPILLS REPORTED OR OBSERVED**=========================================================================BHA #8: NOV SKHI716 PDC // HALLIBURTON BLACK BOX SHORT // NEW NOV 6 3/4" 7/8 2.9 STAGE FIXED 1.5 BEND RPG: .17 MAX DIFF: 425 GPM: 200-500 MAX TORQUE: 6,135 // 8 1/4" NM IBS // 6 3/4" NMDC // 6 3/4" HANG-OFF SUB // 6 3/4" NMDC // 8 1/4" IBS // NEW 6 3/4" SHOCK SUB // X-O SUB 4 1/2 IF x 4 1/2 XH.DAILY DRLG HRS.: 9.0, DAILY TOTAL FOOTAGE: 485', DAILY R.O.P: 53.8 FPH, TOTAL DRLG HRS.: 15.0,TOTAL FOOTAGE: 762', TOTAL RUN R.O.P: 50.8 ( PULLED FOR TD; BIT CHAR (I/O/D/O/L/B/G/R) 1 / 1 / CT / NO / N / 0 / 1 / TD ).

BHA #9: HALLIBURTON MM53D PDC, DRESSED 6X15 (TFA: 0.982), 5" NOV 1.5° FXD. -6/7, 8.0 STG., 0.86 RPG MOTOR, BEARING HOUSING, SLICK W/ FLOAT, NM 5 1/2" STAB, HOS/ MWD, NMDC, NM 5 1/2" STAB, 3 1/2'' IFP x 4" XT-39B, TOTAL LENGTH - 96.54'.DAILY DRLG HRS.: 18.5, DAILY TOTAL FOOTAGE: 443', DAILY R.O.P: 23.9 FPH, TOTAL DRLG HRS.: 36.5,TOTAL FOOTAGE: 1250', TOTAL RUN R.O.P: 34.2 ( PULLED FOR TOTAL DEPTH; BIT CHAR (I/O/D/O/L/B/G/R) 2-2-BT-CT-C-0-1-TD ).=========================================================================20'' CONDUCTOR CSG SET @ 130'13 3/8" SURFACE CSG SET @ 1,440' - 54.5# - J-55 - BTC9 5/8'' INT. CSG SET @ 4,907' - 40# - L-80 - BTC7" INT. CSG SET @ 11,038' - - 32# - CY-P-110 - ULTRA DQX4.5'' PRO. CASING LINER @ 12,494.98' - 15.1# - HCP-110 - ULTRA DQXCASING BREAK DOWN:ELEVATION- 10,868.00’CASING- 12,380.25’MARKER JOINT- 12,402.21’CASING- 12,447.01’LANDING COLLAR- 12,448.44’FLOAT COLLAR- 12,450.22’CASING- 12,495.31’FLOAT SHOE- 12,496.98’TD: 12,500'=========================================================================LAST SURVEY:MD: 12,453' INC: 1.39° AZI: 209.75° TVD: 12,446.8’ VSEC SURVEY: -219.17 DLS: 0.21° TEMP : 164° F

12494TVD:

40 / / Sec/Twn/Rng:$3,400,564Total Project Costs:

Rig Name: Precision 594Develop To: 0

JAMES WALKER 318-780-1745Tool Pusher:

Abstract: U39Location Survey: UL

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Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs7/3/2015 29 12500 Clean Mud Tanks $149,972 $6,116,398$2,791,271

Page 115: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 7/3/2015

Well Name: UNIVERSITY 40-16 1

Report No: 29

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

=========================================================================TRRC:NOTIFY TRRC OF INTENT TO SPUD AND SET SURFACE CASING @ 15:00 HRS. 6-8-2015 JOB # 8028.NOTIFY TRRC OF INTENT TO RUN 9 5/8" CASING AND CEMENT @ 06:00 HRS. 6-13-2015.NOTIFY TRRC OF INTENT TO RUN 7" CASING AND CEMENT @ 08:00 HRS. 6-24-2015.NOTIFY TRRC OF INTENT TO RUN 4.5" CASING AND CEMENT @ 13:00 HRS. 6-30-2015.Weather Summary: WIND GUST TO 21 MPH.

BOP Test and Inspection Dates

Last BOP Drill Date:76/26/2015Last BOP Test:

7/9/2015BOP Test Due:6/24/2015Last Inspection:Days Since BOP Tested:

Surveys

Survey No. Inclination Azimuth TVD Vert Sect N/S(+/-) E/W(+/-) DLSSurvey Date Tie In Meas. Depth Des Azi31 11758 2.26 182.61 11751.97 -200.86 -200.86 -31.51 0.106/29/2015 0.0032 12230 1.11 192.66 12223.77 -214.62 -214.62 -32.94 0.256/30/2015 0.0033 12453 1.39 209.75 12446.72 -219.07 -219.07 -34.75 0.216/30/2015 0.00

Date Run Size Weight GradeCasing Top Shoe TestDrift TDHole SizeSet DepthCasing

Type6/8/2015 54.50 J-5527.50 10.0012.615 1440.0017.50013.3751440.18 Surface

Stage

ReciprocateRotate

Bump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

1 0 600 086 CirculatedSpacer, 20, 0, FRESH WATER, , 0, 0No.1Tail, 0, 1315, 4% GEL + 1/4#/SK CELLO FLAKE + 5% SALT + .004 GPS CF-41L, Class C, 1.79, 13.5No.2Displacement, 216, 0, FRESH WATER, , 0, 0No.36/13/2015 40.00 HCNL-8026.50 9.700.000 4910.0012.2509.6254907.62 Intermediate

Stage

ReciprocateRotate

Bump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

1 0 599 4000 CalculatedSpacer, 20, 0, 20 BBL FRESH WATER SPACER, , 0, 0No.1Lead, 0, 945, 1% SMS + 1/4#/SK CELLO FLAKE + 5% SALT, Class C, 2.52, 12No.2Tail, 0, 150, 1/10% C-20, Class C, 1.33, 14.8No.3Spacer, 10, 0, 10 BBL FRESH WATER SPACER, , 0, 0No.4Displacement, 356, 0, 356 BBL BRINE WATER, , 0, 0No.56/25/2015 32.00 P-11025.90 6.094 11250.008.7507.00011038.71 Intermediate

Stage

ReciprocateRotate

Bump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

1 0 1520 FULL RETURNS 4859200 CirculatedSpacer, 20, 0, 20 BBLS. OF 8.4 PPG FW, , 0, 0No.1Lead, 0, 460, 11.30 PPG., 2.93 FT³/SACK YIELD, 17.03 GAL/SACK MIX WATER. LEAD ADDITIVES: 10% GEL, 6/10% SMS, 0.3% C-20, 5 LB/SACK KOLSEAL, 0.25 LB/SACK CELLOFLAKE, 5% SALT., Class H, 2.93, 11.3

No.2

Tail, 0, 75, 15.8 PPG., 1.15 FT³/SACK YIELD, 4.96 GAL/SACK MIX WATER. TAIL ADDITIVES: 0.5% FL-17, 0.05 C-51, 0.2% C-20.398 BBLS. OF SYS. FLUID, 9.6 PPG, Class H, 1.15, 15.8

No.3

Displacement, 392, 0, DISPL. W/ SYS. FLUID- 9.3 PPG, , 0, 0No.4

StageReciprocate

RotateBump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

2 0 1380 FULL RETURNS 010 CirculatedSpacer, 20, 0, 20 BBLS. OF 8.4 PPG FW, , 0, 0No.1Lead, 0, 265, 11.30 PPG, 2.92 FT³/SACK YIELD, 17.52 GAL/SACK MIX WATER. ADDITIVES: 10% GEL, 0.6% SMS, 0.2% C-20, 0.25 LB/SACK CELLOFLAKE, 5% SALT., Class H, 2.92, 11.3

No.2

Displacement, 173, 0, DISPL. W/ SYS. FLUID- 9.3 PPG, , 0, 0No.37/1/2015 15.10 P-11010868.00 3.826 12500.006.0004.50012496.98 Production

Stage

ReciprocateRotate

Bump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

1 0 0 FULL RETURNS ENTIRE JOB 1086810 CirculatedSpacer, 24, 0, PRE-FLUSH- 1000 GALLONS MUD WASH + 2 GPT. PLEXAID 803., , 0, 0No.1Tail, 0, 130, TAIL- 50:50 CLASS H + 2% GEL + 5/10% C-47A + 0.35% C-20 + 2/10% SMS., Class H, 1.22, 14.4No.2Displacement, 134, 0, DISPLACEMENT-�30 BBLS. FRESH WATER + 1 GPT. CLAYSTOP + 1/4 GPT. PLEXCIDE 24L,104 BBLS. MUD 12.5 PPG., , 0, 0

No.3

Time Wind Dir Wind Knots Sky Conditions Temp RemarksWeather

6:00 E 8.00 Partly Cloudy 72 WIND GUST TO 21 MPH.

Mud Properties

//FL FC

pH

HTFLTime

CaCl2Lime Mud LostEDTA

Wt In PVVis YP Gels

Pm Pf Mf CaCl

Depth

LCM

MBT ES

SandSolid OilWater

ECD

Wt Out

Pom O/W RatioTotal Sal.

FL Temp

HTFC

Water LostPICKED UP ALL SACK MATERIAL & BULK BARITE. FINAL REPORT.Remarks

Page 2 of 4 7/22/2015Powered by Production Access

Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs7/3/2015 29 12500 Clean Mud Tanks $149,972 $6,116,398$2,791,271

Page 116: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 7/3/2015

Well Name: UNIVERSITY 40-16 1

Report No: 29

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

Hours Summary ( Daily / Cumulative )0.00Drilling 0.00Rotating 0.50Trips 0.00Circulating 0.00Down 23.50Other221 222 129 30 15 302

CodeOperations

Start Hrs Remarks RunEnd DepthStart Depth

256:00 4.50 LDDP- 4'' F- 4,500' TO SURFACE. L/D SLB LINER RUNNING TOOLS. NIH12500125000610:30 0.50 RIH WITH 17 STDS OUT OF DERRICK. NIH12500125002511:00 2.75 LDDP TO SURFACE. LAY DOWN ALL UNUSED EQUIPMENT, ALL RENTAL EQUIPMENT. NIH12500125002813:45 11.25 REMOVE TURN BUCKLES, FLOWLINE, HYD. LINES, WING VALVES. BREAK @

WELLHEAD. ATTACH BOP HANDLER & LAY OVER STACK. INSTALL, TORQUE, & TEST TUBING HEAD & FRAC VALVE. TEST TO 8K PSI. C/O TOP & BOTTOM RAMS. REMOVE ROTATING HEAD, ORBIT VALVE, & FLOW LINE NIPPLE.

NIH1250012500

371:00 5.00 CLEAN PITS & RIG. PREP FOR RIG DOWN. RIG DOWN 3RD PARTY EQUIPMENT. NIH125001250024.00Total:

Drilling Data

ROP:Hook Load:

Pres on Bot: Press Off Bot:0.00Slack Off: 0Over Pull:

Kickoff Depth: 0Pick Up:

Crew Status: ON Remarks: NONEWOB: Motor RPM: Torque:0Rotary RPM:

0.00BHA Hours:

Pump No Model Liner Size Stroke Max PSI Max SPM SPM GPM Press. Slow Pump Rates/Pres.Mud Pumps

FD-1600 6 12 4450 1151 0 00 0/0 0/00/0FD-1600 6 12 4450 1152 0 00 0/0 0/00/0

Item Received Used LostBeg Inv Transfrd End InvUnitsInventory

Anco Drill 0 0 5 05 05-galBarite (Bulk) 0 0 64 064 0tonsBarite (Sack) 0 0 200 0200 0sks

Cal Carb 0 0 120 0120 0sksCaustic Soda 0 0 39 039 0SksD-FOAMER 0 0 32 032 05-gal

Diesel 1001 0 0 45285529 0galDRILL PAPER 0 0 45 045 0sks

Drilzan 0 0 89 089 0sksFiber Seal 0 0 60 060 0sks

FOAM BREAK 0 0 31 031 05-galGel 0 0 140 0140 0sks

Lime 0 0 100 0100 0sksMF-55 0 0 8 08 05-galMica 0 0 86 086 0sks

PALLETS 0 0 10 010 0#salt gel 0 0 432 0432 0sksSapp 0 0 31 031 0sks

Shrink Wrap 0 0 10 010 0#Soda Ash 0 0 100 0100 0sks

Transportation 0 0 15 015 0#WallNut 0 0 50 050 0sks

White Starch 0 0 42 042 0sksWT22 0 0 32 032 05-gal

Company Qty. HoursService Company Qty. HoursServicePersonnel Data

ANCHOR DRILLING FL 1 24.00MUD ENGINEER New Prospect Company 1 24.00CO MANPrecision Drilling 11 132.00Rig Crews

180.00Totals 13.00

PersonnelFirst AidType Date Activity Company Name

Health Safety and Environment

Lost Time

Med Visit

Drilling 7/2/2015 PRECISION / ENERGEN ALLSAFETY MEETING WITH ALL ON LAYING DOWN DRILL PIPE. WATCHING FOR PINCH PIONTS. WEARING ALL PROPER PPE. GENERAL HOUSEKEEPING. HEAT EXHAUSTION.

Page 3 of 4 7/22/2015Powered by Production Access

Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs7/3/2015 29 12500 Clean Mud Tanks $149,972 $6,116,398$2,791,271

Page 117: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 7/3/2015

Well Name: UNIVERSITY 40-16 1

Report No: 29

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

Daily Cost DetailsCode Remarks Daily Exp Cum ExpIDC Vendor

20.950.030IDC - ROAD & SITE CON $175,00020.950.070IDC - INSURANCE & BO $10,00020.950.080IDC - PERMITS SURVEY $45,00020.950.101IDC - DRILL - BIT $81,32320.950.102IDC - DRILL - CEMENT & $99,20420.950.103IDC - DRILL - CONTRAC $23,500 $676,500RIG & CREWSPRECISION DRILLING20.950.105IDC - DRILL - EQUIPMEN $50 $53,572DAILY H2S MINIMAL PACKAGSAFETY SOLUTIONS20.950.105IDC - DRILL - EQUIPMEN $1,314 $53,572RIG DOWN CHOKES, FLARE IRON HORSE20.950.105IDC - DRILL - EQUIPMEN $830 $53,572RENTAL COST FOR NIGHT CWEIR20.950.105IDC - DRILL - EQUIPMEN $537 $53,572FRAC VALVE & DELIVERYDIAMOND TANK RENT20.950.105IDC - DRILL - EQUIPMEN $281 $53,572DAILY RENTAL ON RAMS.THOMAS TOOLS20.950.105IDC - DRILL - EQUIPMEN $540 $53,572DAILY RENTAL ON RCD ROTHalliburton20.950.105IDC - DRILL - EQUIPMEN $191 $53,572FORK LIFT & MAN LIFT RENTPRECISION/ NEFF20.950.105IDC - DRILL - EQUIPMEN $14,452 $53,572EDR/ PVT, 24 DAYS & RIG DOMD TOTCO20.950.105IDC - DRILL - EQUIPMEN $775 $53,572RIG DOWN & H2S SERVICESAFETY SOLUTIONS20.950.105IDC - DRILL - EQUIPMEN $340 $53,572DUAL CHOKES & IGNITOR.IRONHORSE20.950.106IDC - DRILL - FUEL $72,63320.950.107IDC - DRILL - EQUIPMEN $936 $26,787HAUL BACK PARTS HOUSE TTOM E LEE TRUCKING20.950.107IDC - DRILL - EQUIPMEN $2,195 $26,787BACK HAUL LINER RUNNING TOM E LEE TRUCKING20.950.107IDC - DRILL - EQUIPMEN $9,924 $26,787HAUL BACK ALL 4'' DP TO 3RTOM E LEE TRUCKING20.950.109IDC - DRILL - DIRECTIO $235,98020.950.111IDC - DRILL - MOBDEMO $75,00020.950.114IDC - DRILL - SURFACE $650 $62,114HOUSING PACKAGETAN MAR20.950.114IDC - DRILL - SURFACE $60 $62,1142 X FRAC TANKSLEOS TRUCKING20.950.114IDC - DRILL - SURFACE $600 $62,114FW FOR HOUSINGPRIME TIME WATER20.950.114IDC - DRILL - SURFACE $186 $62,114COMMUNICATIONS PACKAGRIG NET/ LANDTEL20.950.114IDC - DRILL - SURFACE $500 $62,114300 BBL. PRE-MIX & TRANSFPORTABLE MUD SYS.20.950.114IDC - DRILL - SURFACE $90 $62,1142 X LIGHT TOWERS & TRASHK.C. SERVICES20.950.114IDC - DRILL - SURFACE $1,200 $62,114FORKLIFT RENTAL TO UNLOTOM E LEE TRUCKING20.950.114IDC - DRILL - SURFACE $300 $62,114RIG DOWNRIG NET / LANTEL20.950.116IDC - DRILL - DRILL PIP $1,250 $14,6904'' XT-39 DRILL PIPE PACKAGCASEY EQUIPMENT20.950.117IDC - DRILL - SPECIAL S $1,200 $75,838FIELD TECH TO INSTALL TUBWEIR20.950.117IDC - DRILL - SPECIAL S $4,650 $75,838NIPPLE DOWNMonahans Nipple-Up20.950.118IDC - DRILL - DRILLING $5,000 $59,000WELLSITE SUPERVISORNEW PROSPECT CO.20.950.150IDC - LOGGING $65,818

$71,551 $2,041,074Total IDC:Code Remarks Daily Exp Cum ExpTDC Vendor

20.940.103TDC - DE - OTHER EQUI $1,16120.940.104TDC - DE - PRODUCTIO $57,585 $87,2234.5'' LINER HANGERSchlumberger20.940.106TDC - DE - SURFACE CA $95,53720.940.109TDC - INTERMEDIATE C $526,31220.940.201TDC - SE - CASING/ WE $20,965 $39,965TUBING HEADWEIR

$78,550 $750,197Total TDC:Total Cumulative Well Costs: $150,100 $2,791,271

Page 4 of 4 7/22/2015Powered by Production Access

Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs7/3/2015 29 12500 Clean Mud Tanks $149,972 $6,116,398$2,791,271

Page 118: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 7/4/2015

Well Name: UNIVERSITY 40-16 1

Report No: 30

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

Surface Location: 1980 FNL, 1757 FWL - WARD, TX

Wolfcamp

$159,638$2,950,910

Formation:

Daily Costs:This AFE DHC to Date:

API Code: 4247536999

12500Start Depth(ft):

6/9/2015Spud Date:

24 Hr. Footage:

RKB to MSL: 2512500Ending Depth(ft):

$3,180,125AFE DHC:BENJAMIN DUCOTRig Supervisor 1: 318-509-9166

( ) -

RKB to CHF:$3,400,564

$0Total w/ Assoc AFEs :

Daily Mud Costs:

PBE1510032AFE #:

26Days from Spud:Field Name: Wellcore

0RKB to LMF:

RKB to THF:

01 - Rig Up & Tear Down

$2,950,910This AFE CWC to Date:

Cum Mud Costs: $196,697Rig Company:

2527.5

Rpt T. Activity:

Precision Drilling 26.5

30Report No:$6,116,398AFE Total:

Rig Supervisor 2:

RIGGING DOWN. PREP & LOADING OUT ONTO TRUCKS FOR TRANSPOperation Desc:

24-Hour Summary/Remarks: FINISH CLEANING TANKS & RIG. FINISH RIG DOWN 3RD PARTY EQUIPMENT. **RELEASE RIG @ 10:30 ON 7-3-2015.** START RIGGING DOWN. REMOVE FLOWLINE, ALL STAIRS, LAYOVER BUSTER & TANK SHEDS. DRESS OUT TRAVEL BLOCKS FOR RIG DOWN. SEPARATE BLOCKS FROM TOP DRIVE & HANG OFF BOTH. PREP TO LOWER SUBS & DERRICK. LOAD & TRANSPORT ALL DRILL PIPE & MISC. PRECISION HIRED WASH CREW TO CONTINUE WASHING LOADS AS LOADED.Next Day Operations: CONTINUE RIGGING DOWN & TRANSPORTING RIG OFF OF LOCATION.=========================================================================RIG RELEASED FROM UNIVERSITY 21-17 #1R @ 06:00 HRS. ON 6-4-2015.SPUD: 06/09/2015 @ 00:00 HRS.TOTAL RIG MOVE HRS.: 106 / DAYS: 4.42TOTAL HRS. FROM SPUD: 590.5TOTAL DAYS TO TD: 21.0TOTAL DEPTH: 06/30/2015 @ 00:30 HRS.TOTAL DAYS TO RELEASE: 24.42DOWNTIME HRS.: 0.0 TODAY / 14.5 TOTAL, PERCENTAGE OF DOWNTIME / NPT: 2.25%=========================================================================LAST 5" D/P INSPECTION WAS ON THE UNIVERSITY 40-16 #1, ON 6/30/2015. CAT-4 INSPECTION - NOVALAST 4'' D/P INSPECTION WAS ON THE SPECTRE ST. 54-4 #1H ST1, ON 3/8/2015. CAT-4 INSPECTION - CSILAST BHA INSPECTION WAS ON THE UNIVERSITY 40-16 #1, ON 6/28/2015.CSI.=========================================================================PJSM WITH ALL ON RIGGING DOWN PROCEDURES. 3RD PARTY MOBILIZED EQUIPMENT. USE OF TAG LINES. OVERHEAD LOADS. FLAGGING SIGNALS. HEAT EXHAUSTION.DAYS SINCE LAST LTA: 370ORI'S TODAY: 0CREW SHORTAGES: NONE.// DOUBLES: 0=========================================================================20'' CONDUCTOR CSG SET @ 130'13 3/8" SURFACE CSG SET @ 1,440' - 54.5# - J-55 - BTC9 5/8'' INT. CSG SET @ 4,907' - 40# - L-80 - BTC7" INT. CSG SET @ 11,038' - - 32# - CY-P-110 - ULTRA DQX4.5'' PRO. CASING LINER @ 12,494.98' - 15.1# - HCP-110 - ULTRA DQXTD: 12,500'=========================================================================TRRC:NOTIFY TRRC OF INTENT TO SPUD AND SET SURFACE CASING @ 15:00 HRS. 6-8-2015 JOB # 8028.NOTIFY TRRC OF INTENT TO RUN 9 5/8" CASING AND CEMENT @ 06:00 HRS. 6-13-2015.NOTIFY TRRC OF INTENT TO RUN 7" CASING AND CEMENT @ 08:00 HRS. 6-24-2015.NOTIFY TRRC OF INTENT TO RUN 4.5" CASING AND CEMENT @ 13:00 HRS. 6-30-2015.Weather Summary: WIND GUST TO 17 MPH.

12494TVD:

40 / / Sec/Twn/Rng:$3,400,564Total Project Costs:

Rig Name: Precision 594Develop To: 0

JAMES WALKER 318-780-1745Tool Pusher:

Abstract: U39Location Survey: UL

Surveys

Survey No. Inclination Azimuth TVD Vert Sect N/S(+/-) E/W(+/-) DLSSurvey Date Tie In Meas. Depth Des Azi31 11758 2.26 182.61 11751.97 -200.86 -200.86 -31.51 0.106/29/2015 0.0032 12230 1.11 192.66 12223.77 -214.62 -214.62 -32.94 0.256/30/2015 0.0033 12453 1.39 209.75 12446.72 -219.07 -219.07 -34.75 0.216/30/2015 0.00

Date Run Size Weight GradeCasing Top Shoe TestDrift TDHole SizeSet DepthCasing

Type6/8/2015 54.50 J-5527.50 10.0012.615 1440.0017.50013.3751440.18 Surface

Stage

ReciprocateRotate

Bump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

1 0 600 086 CirculatedSpacer, 20, 0, FRESH WATER, , 0, 0No.1Tail, 0, 1315, 4% GEL + 1/4#/SK CELLO FLAKE + 5% SALT + .004 GPS CF-41L, Class C, 1.79, 13.5No.2Displacement, 216, 0, FRESH WATER, , 0, 0No.3

Time Wind Dir Wind Knots Sky Conditions Temp RemarksWeather

6:00 WSW 7.00 Partly Cloudy 73 WIND GUST TO 17 MPH.

Page 1 of 3 7/22/2015Powered by Production Access

Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs7/4/2015 30 12500 01 - Rig Up & Tear Down $159,638 $6,116,398$2,950,910

Page 119: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 7/4/2015

Well Name: UNIVERSITY 40-16 1

Report No: 30

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

BOP Test and Inspection Dates

Last BOP Drill Date:86/26/2015Last BOP Test:

7/9/2015BOP Test Due:6/24/2015Last Inspection:Days Since BOP Tested:

6/13/2015 40.00 HCNL-8026.50 9.700.000 4910.0012.2509.6254907.62 Intermediate

StageReciprocate

RotateBump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

1 0 599 4000 CalculatedSpacer, 20, 0, 20 BBL FRESH WATER SPACER, , 0, 0No.1Lead, 0, 945, 1% SMS + 1/4#/SK CELLO FLAKE + 5% SALT, Class C, 2.52, 12No.2Tail, 0, 150, 1/10% C-20, Class C, 1.33, 14.8No.3Spacer, 10, 0, 10 BBL FRESH WATER SPACER, , 0, 0No.4Displacement, 356, 0, 356 BBL BRINE WATER, , 0, 0No.56/25/2015 32.00 P-11025.90 6.094 11250.008.7507.00011038.71 Intermediate

Stage

ReciprocateRotate

Bump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

1 0 1520 FULL RETURNS 4859200 CirculatedSpacer, 20, 0, 20 BBLS. OF 8.4 PPG FW, , 0, 0No.1Lead, 0, 460, 11.30 PPG., 2.93 FT³/SACK YIELD, 17.03 GAL/SACK MIX WATER. LEAD ADDITIVES: 10% GEL, 6/10% SMS, 0.3% C-20, 5 LB/SACK KOLSEAL, 0.25 LB/SACK CELLOFLAKE, 5% SALT., Class H, 2.93, 11.3

No.2

Tail, 0, 75, 15.8 PPG., 1.15 FT³/SACK YIELD, 4.96 GAL/SACK MIX WATER. TAIL ADDITIVES: 0.5% FL-17, 0.05 C-51, 0.2% C-20.398 BBLS. OF SYS. FLUID, 9.6 PPG, Class H, 1.15, 15.8

No.3

Displacement, 392, 0, DISPL. W/ SYS. FLUID- 9.3 PPG, , 0, 0No.4

StageReciprocate

RotateBump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

2 0 1380 FULL RETURNS 010 CirculatedSpacer, 20, 0, 20 BBLS. OF 8.4 PPG FW, , 0, 0No.1Lead, 0, 265, 11.30 PPG, 2.92 FT³/SACK YIELD, 17.52 GAL/SACK MIX WATER. ADDITIVES: 10% GEL, 0.6% SMS, 0.2% C-20, 0.25 LB/SACK CELLOFLAKE, 5% SALT., Class H, 2.92, 11.3

No.2

Displacement, 173, 0, DISPL. W/ SYS. FLUID- 9.3 PPG, , 0, 0No.37/1/2015 15.10 P-11010868.00 3.826 12500.006.0004.50012496.98 Production

Stage

ReciprocateRotate

Bump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

1 0 0 FULL RETURNS ENTIRE JOB 1086810 CirculatedSpacer, 24, 0, PRE-FLUSH- 1000 GALLONS MUD WASH + 2 GPT. PLEXAID 803., , 0, 0No.1Tail, 0, 130, TAIL- 50:50 CLASS H + 2% GEL + 5/10% C-47A + 0.35% C-20 + 2/10% SMS., Class H, 1.22, 14.4No.2Displacement, 134, 0, DISPLACEMENT-�30 BBLS. FRESH WATER + 1 GPT. CLAYSTOP + 1/4 GPT. PLEXCIDE 24L,104 BBLS. MUD 12.5 PPG., , 0, 0

No.3

Mud Properties

//12500FL FC

pH

HTFLTime

CaCl2Lime Mud LostEDTA

Wt In PVVis YP Gels

Pm Pf Mf CaCl

Depth

LCM

MBT ES

SandSolid OilWater

ECD

Wt Out

Pom O/W RatioTotal Sal.

FL Temp

HTFC

Water Lost Remarks

Hours Summary ( Daily / Cumulative )0.00Drilling 0.00Rotating 0.00Trips 0.00Circulating 0.00Down 24.00Other221 222 129 30 15 326

CodeOperations

Start Hrs Remarks RunEnd DepthStart Depth

376:00 4.50 FINISH CLEANING TANKS & RIG. FINISH RIG DOWN 3RD PARTY EQUIPMENT. **RELEASE RIG @ 10:30 ON 7-3-2015.**

NIH1250012500

0110:30 19.50 START RIGGING DOWN. REMOVE FLOWLINE, ALL STAIRS, LAYOVER BUSTER & TANK SHEDS. DRESS OUT TRAVEL BLOCKS FOR RIG DOWN. SEPARATE BLOCKS FROM TOP DRIVE & HANG OFF BOTH. PREP TO LOWER SUBS & DERRICK. LOAD & TRANSPORT ALL DRILL PIPE & MISC. LOAD OUT & TRANSPORT SHAKERS, TRIP TANK, CHOKES, SETTLING TANKS, HOPPER SKID. PRECISION HIRED WASH CREW TO CONTINUE WASHING LOADS AS LOADED.

NIH1250012500

24.00Total:Drilling Data

ROP:Hook Load:

Pres on Bot: Press Off Bot:0.00Slack Off: 0Over Pull:

Kickoff Depth: 0Pick Up:

Crew Status: ON Remarks: NONEWOB: Motor RPM: Torque:0Rotary RPM:

0.00BHA Hours:

Pump No Model Liner Size Stroke Max PSI Max SPM SPM GPM Press. Slow Pump Rates/Pres.Mud Pumps

FD-1600 6 12 4450 1151 0 00 0/0 0/00/0FD-1600 6 12 4450 1152 0 00 0/0 0/00/0

Item Received Used LostBeg Inv Transfrd End InvUnitsInventory

Diesel 0 0 3006 15224528 0gal

Page 2 of 3 7/22/2015Powered by Production Access

Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs7/4/2015 30 12500 01 - Rig Up & Tear Down $159,638 $6,116,398$2,950,910

Page 120: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 7/4/2015

Well Name: UNIVERSITY 40-16 1

Report No: 30

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

Company Qty. HoursService Company Qty. HoursServicePersonnel Data

New Prospect Company 1 24.00CO MAN Precision Drilling 11 132.00Rig Crews156.00Totals 12.00

PersonnelFirst AidType Date Activity Company Name

Health Safety and Environment

Lost Time

Med Visit

Drilling 7/3/2015 PRECISION / MONSTER / ENERGEN ALLPJSM WITH ALL ON RIGGING DOWN PROCEDURES. 3RD PARTY MOBILIZED EQUIPMENT. USE OF TAG LINES. OVERHEAD LOADS. FLAGGING SIGNALS. HEAT EXHAUSTION.

Daily Cost DetailsCode Remarks Daily Exp Cum ExpIDC Vendor

20.950.030IDC - ROAD & SITE CON $25,000 $200,000LOCATION RECLAMATION CVARIOUS20.950.070IDC - INSURANCE & BO $10,00020.950.080IDC - PERMITS SURVEY $45,00020.950.101IDC - DRILL - BIT $81,32320.950.102IDC - DRILL - CEMENT & $99,20420.950.103IDC - DRILL - CONTRAC $22,500 $699,000RIG & CREWSPRECISION DRILLING20.950.105IDC - DRILL - EQUIPMEN $191 $53,763FORK LIFT & MAN LIFT RENTPRECISION/ NEFF20.950.106IDC - DRILL - FUEL ($3,006) $69,627CREDIT ON RIG FUELBLUE STREAK20.950.107IDC - DRILL - EQUIPMEN $1,313 $28,100ALL MISC TO ENERGEN YARTOM E LEE TRUCKING20.950.109IDC - DRILL - DIRECTIO $235,98020.950.111IDC - DRILL - MOBDEMO $85,000 $160,000RIG MOVE BID COSTMONSTER20.950.114IDC - DRILL - SURFACE $500 $63,504HOUSING PACKAGETAN MAR20.950.114IDC - DRILL - SURFACE $800 $63,5045 DAYS OF GENRATOR RENTLTR20.950.114IDC - DRILL - SURFACE $90 $63,5042 X LIGHT TOWERS & TRASHK.C. SERVICES20.950.116IDC - DRILL - DRILL PIP $14,69020.950.117IDC - DRILL - SPECIAL S $10,000 $98,088TANK CLEANING & RIG WASBURTON20.950.117IDC - DRILL - SPECIAL S $2,250 $98,088CLEAN LOCATIONK.C. SERVICES20.950.117IDC - DRILL - SPECIAL S $10,000 $98,088RIG DOWN, 3RD PARTY CONVARIOUS20.950.118IDC - DRILL - DRILLING $5,000 $64,000WELLSITE SUPERVISORNEW PROSPECT CO.20.950.150IDC - LOGGING $65,818

$159,638 $2,200,712Total IDC:Code Remarks Daily Exp Cum ExpTDC Vendor

20.940.103TDC - DE - OTHER EQUI $1,16120.940.104TDC - DE - PRODUCTIO $87,22320.940.106TDC - DE - SURFACE CA $95,53720.940.109TDC - INTERMEDIATE C $526,31220.940.201TDC - SE - CASING/ WE $39,965

$750,197Total TDC:Total Cumulative Well Costs: $159,638 $2,950,910

Page 3 of 3 7/22/2015Powered by Production Access

Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs7/4/2015 30 12500 01 - Rig Up & Tear Down $159,638 $6,116,398$2,950,910

Page 121: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 7/5/2015

Well Name: UNIVERSITY 40-16 1

Report No: 31

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

Surface Location: 1980 FNL, 1757 FWL - WARD, TX

Wolfcamp

$117,258$3,068,168

Formation:

Daily Costs:This AFE DHC to Date:

API Code: 4247536999

12500Start Depth(ft):

6/9/2015Spud Date:

24 Hr. Footage:

RKB to MSL: 2512500Ending Depth(ft):

$3,180,125AFE DHC:BENJAMIN DUCOTRig Supervisor 1: 318-509-9166

( ) -

RKB to CHF:$3,400,564

$0Total w/ Assoc AFEs :

Daily Mud Costs:

PBE1510032AFE #:

27Days from Spud:Field Name: Wellcore

0RKB to LMF:

RKB to THF:

01 - Rig Up & Tear Down

$3,068,168This AFE CWC to Date:

Cum Mud Costs: $196,697Rig Company:

2527.5

Rpt T. Activity:

Precision Drilling 26.5

31Report No:$6,116,398AFE Total:

Rig Supervisor 2:

RIGGING DOWN. LOADING OUT ONTO TRUCKS FOR TRANSPORT.Operation Desc:

24-Hour Summary/Remarks: CONTINUE RIGGING DOWN. WASHING LOADS AS LOADED. LOADED OUT & TRANSPORTED, MUD TANKS, MUD PUMPS, GENERATOR PACKAGE, VFD, ACCUM., CAT WALK, PARTS HOUSES. LOWERED SUBS & DERRICK. REMOVE DERRICK.Next Day Operations: CONTINUE RIGGING DOWN & TRANSPORTING RIG OFF OF LOCATION.=========================================================================RIG RELEASED FROM UNIVERSITY 21-17 #1R @ 06:00 HRS. ON 6-4-2015.SPUD: 06/09/2015 @ 00:00 HRS.TOTAL RIG MOVE HRS.: 106 / DAYS: 4.42TOTAL HRS. FROM SPUD: 590.5TOTAL DAYS TO TD: 21.0TOTAL DEPTH: 06/30/2015 @ 00:30 HRS.TOTAL DAYS TO RELEASE: 24.42DOWNTIME HRS.: 0.0 TODAY / 14.5 TOTAL, PERCENTAGE OF DOWNTIME / NPT: 2.25%=========================================================================LAST 5" D/P INSPECTION WAS ON THE UNIVERSITY 40-16 #1, ON 6/30/2015. CAT-4 INSPECTION - NOVALAST 4'' D/P INSPECTION WAS ON THE SPECTRE ST. 54-4 #1H ST1, ON 3/8/2015. CAT-4 INSPECTION - CSILAST BHA INSPECTION WAS ON THE UNIVERSITY 40-16 #1, ON 6/28/2015.CSI.=========================================================================PJSM WITH ALL ON RIGGING DOWN PROCEDURES. 3RD PARTY MOBILIZED EQUIPMENT. USE OF TAG LINES. OVERHEAD LOADS. FLAGGING SIGNALS. HEAT EXHAUSTION.DAYS SINCE LAST LTA: 371ORI'S TODAY: 0CREW SHORTAGES: NONE.// DOUBLES: 0=========================================================================20'' CONDUCTOR CSG SET @ 130'13 3/8" SURFACE CSG SET @ 1,440' - 54.5# - J-55 - BTC9 5/8'' INT. CSG SET @ 4,907' - 40# - L-80 - BTC7" INT. CSG SET @ 11,038' - - 32# - CY-P-110 - ULTRA DQX4.5'' PRO. CASING LINER @ 12,494.98' - 15.1# - HCP-110 - ULTRA DQXTD: 12,500'=========================================================================TRRC:NOTIFY TRRC OF INTENT TO SPUD AND SET SURFACE CASING @ 15:00 HRS. 6-8-2015 JOB # 8028.NOTIFY TRRC OF INTENT TO RUN 9 5/8" CASING AND CEMENT @ 06:00 HRS. 6-13-2015.NOTIFY TRRC OF INTENT TO RUN 7" CASING AND CEMENT @ 08:00 HRS. 6-24-2015.NOTIFY TRRC OF INTENT TO RUN 4.5" CASING AND CEMENT @ 13:00 HRS. 6-30-2015.Weather Summary: WIND GUST TO 14 MPH.

12494TVD:

40 / / Sec/Twn/Rng:$3,400,564Total Project Costs:

Rig Name: Precision 594Develop To: 0

JAMES WALKER 318-780-1745Tool Pusher:

Abstract: U39Location Survey: UL

Surveys

Survey No. Inclination Azimuth TVD Vert Sect N/S(+/-) E/W(+/-) DLSSurvey Date Tie In Meas. Depth Des Azi31 11758 2.26 182.61 11751.97 -200.86 -200.86 -31.51 0.106/29/2015 0.0032 12230 1.11 192.66 12223.77 -214.62 -214.62 -32.94 0.256/30/2015 0.0033 12453 1.39 209.75 12446.72 -219.07 -219.07 -34.75 0.216/30/2015 0.00

Date Run Size Weight GradeCasing Top Shoe TestDrift TDHole SizeSet DepthCasing

Type6/8/2015 54.50 J-5527.50 10.0012.615 1440.0017.50013.3751440.18 Surface

Stage

ReciprocateRotate

Bump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

1 0 600 086 CirculatedSpacer, 20, 0, FRESH WATER, , 0, 0No.1Tail, 0, 1315, 4% GEL + 1/4#/SK CELLO FLAKE + 5% SALT + .004 GPS CF-41L, Class C, 1.79, 13.5No.2Displacement, 216, 0, FRESH WATER, , 0, 0No.3

Time Wind Dir Wind Knots Sky Conditions Temp RemarksWeather

6:00 S 7.00 Partly Cloudy 73 WIND GUST TO 14 MPH.

Page 1 of 3 7/22/2015Powered by Production Access

Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs7/5/2015 31 12500 01 - Rig Up & Tear Down $117,258 $6,116,398$3,068,168

Page 122: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 7/5/2015

Well Name: UNIVERSITY 40-16 1

Report No: 31

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

BOP Test and Inspection Dates

Last BOP Drill Date:96/26/2015Last BOP Test:

7/9/2015BOP Test Due:6/24/2015Last Inspection:Days Since BOP Tested:

6/13/2015 40.00 HCNL-8026.50 9.700.000 4910.0012.2509.6254907.62 Intermediate

StageReciprocate

RotateBump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

1 0 599 4000 CalculatedSpacer, 20, 0, 20 BBL FRESH WATER SPACER, , 0, 0No.1Lead, 0, 945, 1% SMS + 1/4#/SK CELLO FLAKE + 5% SALT, Class C, 2.52, 12No.2Tail, 0, 150, 1/10% C-20, Class C, 1.33, 14.8No.3Spacer, 10, 0, 10 BBL FRESH WATER SPACER, , 0, 0No.4Displacement, 356, 0, 356 BBL BRINE WATER, , 0, 0No.56/25/2015 32.00 P-11025.90 6.094 11250.008.7507.00011038.71 Intermediate

Stage

ReciprocateRotate

Bump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

1 0 1520 FULL RETURNS 4859200 CirculatedSpacer, 20, 0, 20 BBLS. OF 8.4 PPG FW, , 0, 0No.1Lead, 0, 460, 11.30 PPG., 2.93 FT³/SACK YIELD, 17.03 GAL/SACK MIX WATER. LEAD ADDITIVES: 10% GEL, 6/10% SMS, 0.3% C-20, 5 LB/SACK KOLSEAL, 0.25 LB/SACK CELLOFLAKE, 5% SALT., Class H, 2.93, 11.3

No.2

Tail, 0, 75, 15.8 PPG., 1.15 FT³/SACK YIELD, 4.96 GAL/SACK MIX WATER. TAIL ADDITIVES: 0.5% FL-17, 0.05 C-51, 0.2% C-20.398 BBLS. OF SYS. FLUID, 9.6 PPG, Class H, 1.15, 15.8

No.3

Displacement, 392, 0, DISPL. W/ SYS. FLUID- 9.3 PPG, , 0, 0No.4

StageReciprocate

RotateBump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

2 0 1380 FULL RETURNS 010 CirculatedSpacer, 20, 0, 20 BBLS. OF 8.4 PPG FW, , 0, 0No.1Lead, 0, 265, 11.30 PPG, 2.92 FT³/SACK YIELD, 17.52 GAL/SACK MIX WATER. ADDITIVES: 10% GEL, 0.6% SMS, 0.2% C-20, 0.25 LB/SACK CELLOFLAKE, 5% SALT., Class H, 2.92, 11.3

No.2

Displacement, 173, 0, DISPL. W/ SYS. FLUID- 9.3 PPG, , 0, 0No.37/1/2015 15.10 P-11010868.00 3.826 12500.006.0004.50012496.98 Production

Stage

ReciprocateRotate

Bump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

1 0 0 FULL RETURNS ENTIRE JOB 1086810 CirculatedSpacer, 24, 0, PRE-FLUSH- 1000 GALLONS MUD WASH + 2 GPT. PLEXAID 803., , 0, 0No.1Tail, 0, 130, TAIL- 50:50 CLASS H + 2% GEL + 5/10% C-47A + 0.35% C-20 + 2/10% SMS., Class H, 1.22, 14.4No.2Displacement, 134, 0, DISPLACEMENT-�30 BBLS. FRESH WATER + 1 GPT. CLAYSTOP + 1/4 GPT. PLEXCIDE 24L,104 BBLS. MUD 12.5 PPG., , 0, 0

No.3

Mud Properties

//12500FL FC

pH

HTFLTime

CaCl2Lime Mud LostEDTA

Wt In PVVis YP Gels

Pm Pf Mf CaCl

Depth

LCM

MBT ES

SandSolid OilWater

ECD

Wt Out

Pom O/W RatioTotal Sal.

FL Temp

HTFC

Water Lost Remarks

Hours Summary ( Daily / Cumulative )0.00Drilling 0.00Rotating 0.00Trips 0.00Circulating 0.00Down 24.00Other221 222 129 30 15 350

CodeOperations

Start Hrs Remarks RunEnd DepthStart Depth

016:00 24.00 CONTINUE RIGGING DOWN. WASHING LOADS AS LOADED. LOADED OUT & TRANSPORTED, MUD TANKS, MUD PUMPS, GENERATOR PACKAGE, VFD, ACCUM., CAT WALK, PARTS HOUSES. LOWERED SUBS & DERRICK. REMOVE DERRICK.

NIH1250012500

24.00Total:Drilling Data

ROP:Hook Load:

Pres on Bot: Press Off Bot:0.00Slack Off: 0Over Pull:

Kickoff Depth: 0Pick Up:

Crew Status: ON Remarks: NONEWOB: Motor RPM: Torque:0Rotary RPM:

0.00BHA Hours:

Pump No Model Liner Size Stroke Max PSI Max SPM SPM GPM Press. Slow Pump Rates/Pres.Mud Pumps

FD-1600 6 12 4450 1151 0 00 0/0 0/00/0FD-1600 6 12 4450 1152 0 00 0/0 0/00/0

Item Received Used LostBeg Inv Transfrd End InvUnitsInventory

Diesel 0 0 0 15221522 0gal

Page 2 of 3 7/22/2015Powered by Production Access

Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs7/5/2015 31 12500 01 - Rig Up & Tear Down $117,258 $6,116,398$3,068,168

Page 123: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 7/5/2015

Well Name: UNIVERSITY 40-16 1

Report No: 31

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

Company Qty. HoursService Company Qty. HoursServicePersonnel Data

New Prospect Company 1 24.00CO MAN Precision Drilling 11 132.00Rig Crews156.00Totals 12.00

PersonnelFirst AidType Date Activity Company Name

Health Safety and Environment

Lost Time

Med Visit

Drilling 7/4/2015 PRECISION / ENERGEN / MONSTER ALLPJSM WITH ALL ON RIGGING DOWN PROCEDURES. 3RD PARTY MOBILIZED EQUIPMENT. USE OF TAG LINES. OVERHEAD LOADS. FLAGGING SIGNALS. HEAT EXHAUSTION.

Daily Cost DetailsCode Remarks Daily Exp Cum ExpIDC Vendor

20.950.030IDC - ROAD & SITE CON $200,00020.950.070IDC - INSURANCE & BO $10,00020.950.080IDC - PERMITS SURVEY $45,00020.950.101IDC - DRILL - BIT $81,32320.950.102IDC - DRILL - CEMENT & $99,20420.950.103IDC - DRILL - CONTRAC $22,500 $721,500RIG & CREWSPRECISION DRILLING20.950.105IDC - DRILL - EQUIPMEN $191 $53,954FORK LIFT & MAN LIFT RENTPRECISION/ NEFF20.950.106IDC - DRILL - FUEL $69,62720.950.107IDC - DRILL - EQUIPMEN $919 $31,077HAUL IN PIPE RACKS TO ENTOM E LEE TRUCKING20.950.107IDC - DRILL - EQUIPMEN $2,058 $31,077HAUL IN 6.5 MOTORS DIRECTOM E LEE TRUCKING20.950.109IDC - DRILL - DIRECTIO $235,98020.950.111IDC - DRILL - MOBDEMO $160,00020.950.114IDC - DRILL - SURFACE $90 $64,0942 X LIGHT TOWERS & TRASHK.C. SERVICES20.950.114IDC - DRILL - SURFACE $500 $64,094HOUSING PACKAGETAN MAR20.950.116IDC - DRILL - DRILL PIP $8,000 $100,6905'' DP INSPECTION EST.NOVA20.950.116IDC - DRILL - DRILL PIP $30,000 $100,6904'' DP REPAIR EST.CSI/ CASEY20.950.116IDC - DRILL - DRILL PIP $30,000 $100,6905'' DP REPAIRS EST.NOVA20.950.116IDC - DRILL - DRILL PIP $8,000 $100,6904'' DP INSPECTION EST.CSI/ CASEY20.950.116IDC - DRILL - DRILL PIP $10,000 $100,6905'' DP HARDBANDING EST.NOVA20.950.117IDC - DRILL - SPECIAL S $98,08820.950.118IDC - DRILL - DRILLING $5,000 $69,000WELLSITE SUPERVISORNEW PROSPECT CO.20.950.150IDC - LOGGING $65,818

$117,258 $2,317,970Total IDC:Code Remarks Daily Exp Cum ExpTDC Vendor

20.940.103TDC - DE - OTHER EQUI $1,16120.940.104TDC - DE - PRODUCTIO $87,22320.940.106TDC - DE - SURFACE CA $95,53720.940.109TDC - INTERMEDIATE C $526,31220.940.201TDC - SE - CASING/ WE $39,965

$750,197Total TDC:Total Cumulative Well Costs: $117,258 $3,068,168

Page 3 of 3 7/22/2015Powered by Production Access

Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs7/5/2015 31 12500 01 - Rig Up & Tear Down $117,258 $6,116,398$3,068,168

Page 124: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 7/6/2015

Well Name: UNIVERSITY 40-16 1

Report No: 32

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

Surface Location: 1980 FNL, 1757 FWL - WARD, TX

$28,281$3,096,449

Formation:

Daily Costs:This AFE DHC to Date:

API Code: 4247536999

12500Start Depth(ft):

6/9/2015Spud Date:

24 Hr. Footage:

RKB to MSL: 2512500Ending Depth(ft):

$3,180,125AFE DHC:BENJAMIN DUCOTRig Supervisor 1: 318-509-9166

( ) -

RKB to CHF:$3,400,564

$0Total w/ Assoc AFEs :

Daily Mud Costs:

PBE1510032AFE #:

28Days from Spud:Field Name: Wellcore

0RKB to LMF:

RKB to THF:

01 - Rig Up & Tear Down

$3,096,449This AFE CWC to Date:

Cum Mud Costs: $196,697Rig Company:

2527.5

Rpt T. Activity:

Precision Drilling 26.5

32Report No:$6,116,398AFE Total:

Rig Supervisor 2:

ENTIRE EQUIPMENT & RIG RELEASED & MOVED FROM LOCATION.Operation Desc:

24-Hour Summary/Remarks: FINISH LOADING OUT DERRICK, SUBS, DRAW WORKS, CENTER STEEL, ALL HOUSING. ALL EQUIPMENT HAS BEEN RELEASED. CLEANING LOCATION. **FINAL REPORT FOR UNIVERSITY 40-16 #1 & PRECISION 594.**Next Day Operations: NO ACTIVITY.Weather Summary: NONE.

0TVD:

40 / / Sec/Twn/Rng:$3,400,564Total Project Costs:

Rig Name: Precision 594Develop To: 0

JAMES WALKER 318-780-1745Tool Pusher:

Abstract: U39Location Survey: UL

Surveys

Survey No. Inclination Azimuth TVD Vert Sect N/S(+/-) E/W(+/-) DLSSurvey Date Tie In Meas. Depth Des Azi31 11758 2.26 182.61 11751.97 -200.86 -200.86 -31.51 0.106/29/2015 0.0032 12230 1.11 192.66 12223.77 -214.62 -214.62 -32.94 0.256/30/2015 0.0033 12453 1.39 209.75 12446.72 -219.07 -219.07 -34.75 0.216/30/2015 0.00

Date Run Size Weight GradeCasing Top Shoe TestDrift TDHole SizeSet DepthCasing

Type6/8/2015 54.50 J-5527.50 10.0012.615 1440.0017.50013.3751440.18 Surface

Stage

ReciprocateRotate

Bump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

1 0 600 086 CirculatedSpacer, 20, 0, FRESH WATER, , 0, 0No.1Tail, 0, 1315, 4% GEL + 1/4#/SK CELLO FLAKE + 5% SALT + .004 GPS CF-41L, Class C, 1.79, 13.5No.2Displacement, 216, 0, FRESH WATER, , 0, 0No.36/13/2015 40.00 HCNL-8026.50 9.700.000 4910.0012.2509.6254907.62 Intermediate

Stage

ReciprocateRotate

Bump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

1 0 599 4000 CalculatedSpacer, 20, 0, 20 BBL FRESH WATER SPACER, , 0, 0No.1Lead, 0, 945, 1% SMS + 1/4#/SK CELLO FLAKE + 5% SALT, Class C, 2.52, 12No.2Tail, 0, 150, 1/10% C-20, Class C, 1.33, 14.8No.3Spacer, 10, 0, 10 BBL FRESH WATER SPACER, , 0, 0No.4Displacement, 356, 0, 356 BBL BRINE WATER, , 0, 0No.56/25/2015 32.00 P-11025.90 6.094 11250.008.7507.00011038.71 Intermediate

Stage

ReciprocateRotate

Bump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

1 0 1520 FULL RETURNS 4859200 CirculatedSpacer, 20, 0, 20 BBLS. OF 8.4 PPG FW, , 0, 0No.1Lead, 0, 460, 11.30 PPG., 2.93 FT³/SACK YIELD, 17.03 GAL/SACK MIX WATER. LEAD ADDITIVES: 10% GEL, 6/10% SMS, 0.3% C-20, 5 LB/SACK KOLSEAL, 0.25 LB/SACK CELLOFLAKE, 5% SALT., Class H, 2.93, 11.3

No.2

Tail, 0, 75, 15.8 PPG., 1.15 FT³/SACK YIELD, 4.96 GAL/SACK MIX WATER. TAIL ADDITIVES: 0.5% FL-17, 0.05 C-51, 0.2% C-20.398 BBLS. OF SYS. FLUID, 9.6 PPG, Class H, 1.15, 15.8

No.3

Displacement, 392, 0, DISPL. W/ SYS. FLUID- 9.3 PPG, , 0, 0No.4

StageReciprocate

RotateBump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

2 0 1380 FULL RETURNS 010 CirculatedSpacer, 20, 0, 20 BBLS. OF 8.4 PPG FW, , 0, 0No.1Lead, 0, 265, 11.30 PPG, 2.92 FT³/SACK YIELD, 17.52 GAL/SACK MIX WATER. ADDITIVES: 10% GEL, 0.6% SMS, 0.2% C-20, 0.25 LB/SACK CELLOFLAKE, 5% SALT., Class H, 2.92, 11.3

No.2

Displacement, 173, 0, DISPL. W/ SYS. FLUID- 9.3 PPG, , 0, 0No.37/1/2015 15.10 P-11010868.00 3.826 12500.006.0004.50012496.98 Production

Stage

ReciprocateRotate

Bump PlugPressure Hold

Fluid ReturnsDescription

Cement TopDeterminedFill% Circ.VolDistance ft.

1 0 0 FULL RETURNS ENTIRE JOB 1086810 CirculatedSpacer, 24, 0, PRE-FLUSH- 1000 GALLONS MUD WASH + 2 GPT. PLEXAID 803., , 0, 0No.1Tail, 0, 130, TAIL- 50:50 CLASS H + 2% GEL + 5/10% C-47A + 0.35% C-20 + 2/10% SMS., Class H, 1.22, 14.4No.2Displacement, 134, 0, DISPLACEMENT-�30 BBLS. FRESH WATER + 1 GPT. CLAYSTOP + 1/4 GPT. PLEXCIDE 24L,104 BBLS. MUD 12.5 PPG., , 0, 0

No.3

Time Wind Dir Wind Knots Sky Conditions Temp RemarksWeather

18:00 SW 10.00 Clear 93 NONE.

Page 1 of 2 7/22/2015Powered by Production Access

Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs7/6/2015 32 12500 01 - Rig Up & Tear Down $28,281 $6,116,398$3,096,449

Page 125: Energen Resources Corp. Drilling Report

Drilling Report

Report Date: 7/6/2015

Well Name: UNIVERSITY 40-16 1

Report No: 32

Energen Resources Corp.

605 Richard Arrington Blvd.Birmingham, AL 35205(800) 292-4005

BOP Test and Inspection Dates

Last BOP Drill Date:106/26/2015Last BOP Test:

7/9/2015BOP Test Due:6/24/2015Last Inspection:Days Since BOP Tested:

Mud Properties

//12500FL FC

pH

HTFLTime

CaCl2Lime Mud LostEDTA

Wt In PVVis YP Gels

Pm Pf Mf CaCl

Depth

LCM

MBT ES

SandSolid OilWater

ECD

Wt Out

Pom O/W RatioTotal Sal.

FL Temp

HTFC

Water Lost Remarks

Hours Summary ( Daily / Cumulative )0.00Drilling 0.00Rotating 0.00Trips 0.00Circulating 0.00Down 12.00Other221 222 129 30 15 362

CodeOperations

Start Hrs Remarks RunEnd DepthStart Depth

016:00 12.00 FINISH LOADING OUT DERRICK, SUBS, DRAW WORKS, CENTER STEEL, ALL HOUSING. ALL EQUIPMENT HAS BEEN RELEASED. CLEANING LOCATION. **FINAL REPORT FOR UNIVERSITY 40-16 #1 & PRECISION 594.**

NIH1250012500

12.00Total:Drilling Data

ROP:Hook Load:

Pres on Bot: Press Off Bot:0.00Slack Off: 0Over Pull:

Kickoff Depth: 0Pick Up:

Crew Status: ON Remarks: NONEWOB: Motor RPM: Torque:0Rotary RPM:

0.00BHA Hours:

Pump No Model Liner Size Stroke Max PSI Max SPM SPM GPM Press. Slow Pump Rates/Pres.Mud Pumps

FD-1600 6 12 4450 1151 0 00 0/0 0/00/0FD-1600 6 12 4450 1152 0 00 0/0 0/00/0

Item Received Used LostBeg Inv Transfrd End InvUnitsInventory

Diesel 0 0 0 15221522 0gal

Company Qty. HoursService Company Qty. HoursServicePersonnel Data

New Prospect Company 1 24.00CO MAN Precision Drilling 11 132.00Rig Crews156.00Totals 12.00

PersonnelFirst AidType Date Activity Company Name

Health Safety and Environment

Lost Time

Med Visit

Drilling 7/5/2015 PRECISION / MONSTER / ENERGEN ALLPJSM WITH ALL ON RIGGING DOWN PROCEDURES. 3RD PARTY MOBILIZED EQUIPMENT. USE OF TAG LINES. OVERHEAD LOADS. FLAGGING SIGNALS. HEAT EXHAUSTION.

Daily Cost DetailsCode Remarks Daily Exp Cum ExpIDC Vendor

20.950.030IDC - ROAD & SITE CON $200,00020.950.070IDC - INSURANCE & BO $10,00020.950.080IDC - PERMITS SURVEY $45,00020.950.101IDC - DRILL - BIT $81,32320.950.102IDC - DRILL - CEMENT & $99,20420.950.103IDC - DRILL - CONTRAC $22,500 $744,000RIG & CREWSPRECISION DRILLING20.950.105IDC - DRILL - EQUIPMEN $191 $54,145FORK LIFT & MAN LIFT RENTPRECISION/ NEFF20.950.106IDC - DRILL - FUEL $69,62720.950.107IDC - DRILL - EQUIPMEN $31,07720.950.109IDC - DRILL - DIRECTIO $235,98020.950.111IDC - DRILL - MOBDEMO $160,00020.950.114IDC - DRILL - SURFACE $90 $64,6842 X LIGHT TOWERS & TRASHK.C. SERVICES20.950.114IDC - DRILL - SURFACE $500 $64,684HOUSING PACKAGETAN MAR20.950.116IDC - DRILL - DRILL PIP $100,69020.950.117IDC - DRILL - SPECIAL S $98,08820.950.118IDC - DRILL - DRILLING $5,000 $74,000WELLSITE SUPERVISORNEW PROSPECT CO.20.950.150IDC - LOGGING $65,818

$28,281 $2,346,251Total IDC:Code Remarks Daily Exp Cum ExpTDC Vendor

20.940.103TDC - DE - OTHER EQUI $1,16120.940.104TDC - DE - PRODUCTIO $87,22320.940.106TDC - DE - SURFACE CA $95,53720.940.109TDC - INTERMEDIATE C $526,31220.940.201TDC - SE - CASING/ WE $39,965

$750,197Total TDC:Total Cumulative Well Costs: $28,281 $3,096,449

Page 2 of 2 7/22/2015Powered by Production Access

Date Report No Depth Report Time Activity MW Daily Costs AFECum Costs7/6/2015 32 12500 01 - Rig Up & Tear Down $28,281 $6,116,398$3,096,449