COWAN TRUSTS

Oil · District 13 · Lease #32818

Operator: ELEPHANT OIL & GAS, LLC

Cum Oil

5k BBL

Cum Gas

0 MCF

Wells

2

Production

2014-03 — 2015-11

Peak Month

2014-07

Production History

Cum Oil: 4,804 BBL Cum Gas: 0 MCF

Decline Curve Analysis

qi

751 BBL/mo

Di (annual)

362.1%

b-factor

0.0

EUR

2,504 BBL

R-squared

0.903

type

exponential

Wells (2)

WELL#APIOPERATORPERMITSDEPTHLAST_ISSUED
4301ELEPHANT OIL & GAS, LLC28,0002014-05-12
3541ELEPHANT OIL & GAS, LLC18,0002013-05-29
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