Dennis Energy Services, Inc.

TELEDRIFT RATE SHEET

The current rate schedule for Teledrift Rentals is as follows:

Teledrift Rental Equipment - Subs, tools and surface equipment                                                                                                        175.00 per day

Teledrift Tool Service - Includes rig-up, rig-down and service calls                                                                                                       60.00 per day

Teledrift Mileage Charge.......................................................1.45 per mile

Teledrift Sub Inspection........................................................18.00 per Conn.

Teledrift Sub Repairs/Re-cuts 6-5/8" Reg.  Connection......123.00 Ea. Conn.

                                  NC-56           Connection……………..123.00 Ea. Conn.

                                  4-1/2" Reg.     Connection…………….103.00 Ea. Conn.

                                  4-1/2" XH       Connection……………..103.00 Ea. Conn.

                                  3-1/2" IF        Connection………………93.00 Ea. Conn.

                                  3-1/2" Reg.     Connection……………..93.00 Ea. Conn.

ALL DRILL PIPE SCREENS 2-7/8", 3-1/2" AND 4-1/2"……..275.00 Ea.

Note:   Rental and service rates are charged from the time the tool is run in the hole until it is laid down.  However, if the tool fails and totco survey is required, DESI will not charge tool rental for that day, if Teledrift survey is not used during that period.  The service charge will apply each day equipment is in the hole, working or not.  All damages, repairs and transportation will be charged

*Prices may vary