Twelve (12) More QEP State Wells In Spotted Horn In One Drilling Unit -- March 13, 2015

The first QEP State well in this section was spaced on a single section:

• 17260, 471, QEP, State 4-36H, Spotted Horn, about 5 stages; 400K lbs proppant, t10/08; cum 233K 4/20;

The twelve new QEP State wells will be sited on the same lot, almost the very same location as that first QEP (Helis) State well. See first comment below -- these wells will be drilling a 2560-acre unit approved for 48 wells including all four benches of the Three Forks: 25/36-150-94 and 1/12-149-94.

The State wells, all in Spotted Horn:

• 30909, 1,036, QEP, State 7-36-1BH, running south, t3/16; cum 283K 4/20;
• 30908, 564, QEP, State 4-36-1TH, running south, t3/16; cum 152K 4/20;
• 30907, IA/648, QEP, State 8-36-1BH, running south, t3/16; cum 124K 9/19; off line 9/19;
• 30906, 1,110, QEP, State 4-36-1T2H, running south, t3/16; cum 166K 4/20;
• 30905, 2,385, QEP, State 9-36-1BH, running south, t3/16; cum 191K 4/20;
• 30904, 2.024, QEP, State 5-36-1TH, running south, t2/16; cum 168K 4/20;
• 30712, 817, QEP, State 5-25-24TH, running north, t2/16; cum 211K 4/20;
• 30711, 670, QEP, State 9-25-24BH, running north, t2/16; cum 249K 4/20;
• 30710, 139, QEP, State 4-25-24T2H, running north, t2/16; cum 94K 4/20;
• 30709, 991, QEP, State 8-25-24BH, running north, t2/16; cum 256K 4/20;
• 30708, 375, QEP, State 4-25-24TH, running north, t3/16; cum 157K 4/20;
• 30707, 595, QEP, State 7-25-24BH, running north, t3/16; cum 243K 4/20;