RODGERS & COMPANY INC.

RODGERS & COMPANY INC. 2615 ISLETA BLVD SW • ALBUQUERQUE, NM 87105 • EIMFAXM March 21, 2014 Brice Gordon Zorro Ranch Stanley, NM re: proposal, video survey one 6" x 900' well Item Description Units Est Quant 1. nit Price Discount Total I well video service charge day 1 $300.00 10% $270.00 2 mileage for video truck mi. 110 S1.50 0% $165.00 3 Water truck to flush well of acid and clear the water. Is 1 $350.00 0% $350.00 4 video charge (includes downhole, sidescan,DVD, and written field log (5001 min. charge) I ft 900 $1.40 10% $1,134.00 Subtotal $1,919.00 NMGtT @ 7.4375% $142.73 Total $2.061.73 Prices do not include tax. If down hole conditions appear hazardous to video equipment due to damaged casing or obstructions that could interfere with lowering and withdrawing equipment, Customer will be notified of potential loss and approve continuing at Customer's risk or choose to stop and abandon survey. Our Camera Van is ready to roll. We are generally able to mobilize to perform video surveys within 2 days of approval. If you have any questions or need further information please call. If you accept our proposal, sign in the space below and return by email or fax. Sincerely, RODGERS & COMPANY, INC. Troy Richardson Accepted: by: print xc: file EFTA01098762