$ ($0.3289) ($2.2368) $ $ ($ ) Navajo Refining. Lion Oil (Ergon) Murphy Oil

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Gillian Elliott
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1 PRICE POSTINGS FOR THE MONTH OF: August 2010 LEE D. VENDIG, II OIL & GAS CONSULTANTS, INC. NYMEX REPORTED TRADE DIFFERENTIALS NYMEX Cal. Day Average (Including W&H) $ Platts PPlus $ NYMEX Cal. Trading Day Average (Excludin $ Platts Mid/Cush ($0.3289) NYMEX Cycle Average $ Platts WTI/WTS ($2.2368) NYMEX Ratable Roll Platts WTI/LLS $ NYMEX 2/3-1/3 Roll Platts WTI/HLS Argus PPlus Argus Mid/Cush Argus WTI/WTS Argus WTI/LLS Argus WTI/HLS Plains Oklahoma Sweet/Sour Differential $ $ ($0.3289) ($2.2368) $ $ ($ ) CRUDE TYPE TEXAS West Texas Intermediate $ $ $ $ $ $ $ $ $ $ $ West Texas Intermediate - Area #1 $ West Texas Sour $ $ $ $ $ $ $ West Texas Sour (34 ) $ West Texas Sour Adj. B $ West Central Texas $ $ West Central Texas Intermediate $ $ North Texas Sweet - (Intermediate) $ $ $ $ $ $ $ North Texas (Cooke & Grayson) Sweet $ North Texas (Cooke & Grayson) Sour $ North Texas Sour $ $ East Texas Field $ $ East Texas (other than E. TX Field) $ East Texas Sour $ East Texas Light Sour $ East Texas Condensate $ East Texas $ East Texas Sweet $ $ East/East Central Heavy Hawkins $ East/East Central Heavy Talco $ South Texas Light (Sweet) $ $ South Texas Heavy $ $ $ $ South Texas Sour $ $ $ $ South Texas Valley Sweet $ South Texas Light $ $ $ Texas Upper Gulf Coast $ $ Texas Central Gulf Coast (Giddings) $ Gulf Coast Mix $ Upper Texas Gulf Coast $ $ Texas Gulf Coast Light $ $ Texas Gulf Cost Low Cold Test $ Coastal Grade A $ Giddings Sweet Texas $ Pearsall Sweet $ Texas Giddings $ $ Texas Panhandle $ $ $ Texas Panhandle All Fields $ Enterprise(formerly Teppc

2 NEW MEXICO New Mexico Intermediate $ $ $ $ $ $ New Mexico Intermediate Trucked $ New Mexico Intermediate Pipeline $ New Mexico Sour $ $ $ $ New Mexico Sour (34 ) $ New Mexico Sour Trucked $ New Mexico Sour Pipeline $ New Mexico Navajo Sour Pipeline $ LOUISIANA North Louisiana $ North Louisiana LCT $ North Louisiana Condensate $ Ferriday Area North Louisiana Sweet North Sweet $ Delhi/North Louisiana $ Central Louisiana Sweet $ Central Louisiana LCT $ South Louisiana Light Sweet (onshore) $ South Louisiana Eugene Island (onshore) $ South Arkansas and North Louisiana Sour $ South Sour (onshore) $ South Sweet (onshore) $ South Louisiana $ LLS Onshore $ Heavy Louisiana Sweet (Onshore) $ Light Louisiana Sweet (Onshore) $

3 MISSISSIPPI Mississippi Light Sweet $ Mississippi Light Sour $ East Mississippi $ West Mississippi $ COLORADO Colorado Southeastern $ D-J Basin $ $ Colorado Western $ Western Colorado $ Eastern Sweet $ Southeast Colorado $ UTAH Black Wax $ $ Utah Sweet $ San Juan/Paradox Basin ILLINOIS Illinois Sweet $ Illinois, Indiana & Kentucky INDIANA Indiana Sweet $ KANSAS Kansas Common $ $ $ $ Eastern Kansas $ $ Eastern Kansas Common $ Eastern Kansas Common Special $ Northwestern Kansas Sweet $ Southwestern Kansas Sweet $ Central Kansas Sweet $ South Central Kansas $ Kansas Southwest $ Kansas $

4 NEBRASKA Nebraska Western $ Nebraska Intermediate $ $ $ NORTH DAKOTA Williston Basin Sweet $ Williston Basin Sour $ North Dakota Light Sour $ North Dakota Light Sweet $ North Dakota Medium Sour $ North Dakota Northern Area $ North Dakota Sour $ North Dakota Southern Area $ Williston Basin North $ North Dakota Sweet OKLAHOMA Domestic Sweet (Cushing) $ $ Oklahoma Sweet $ $ $ $ $ $ Oklahoma Sweet Special $ Oklahoma Sweet (Except Panhandle & Northwest) $ Oklahoma Intermediate $ Oklahoma Sweet Central $ Central Oklahoma Sweet $ Western Oklahoma $ Western Oklahoma Sweet $ $ Oklahoma Panhandle $ $ $ Oklahoma Panhandle All Fields $ Oklahoma Northwest $ Northwest Oklahoma Sweet $ Oklahoma Sour $ $ $ $ $ $ Oklahoma Condensate $ Oklahoma Condensate Light $

5 WYOMING Wyoming Southwestern Area $ Wyoming Sweet Other Areas $ Wyoming General Sour $ $ $ Wyoming Asphaltic Sour $ $ $ $ Wyoming Sweet $ $ $ Wyoming Heavy Sour, using FHR's published gravity scale L $ Wyoming Medium Sour, using FHR's published gravity scale L $ Wyoming/Montana General Sour $ Wyoming Heavy Sour $ Wyoming Medium Sour $ Wyoming Southwest $ Wyoming Sweet (Other) $ Southwest Wyoming Sweet $ North Wyoming/South Montana Sweet $ MONTANA Central Montana $ ARKANSAS Arkansas Sweet Arkansas Sour Arkansas Extra Heavy

CRUDE TYPE. August 2011 NYMEX LEE D. VENDIG, II OIL & GAS CONSULTANTS, INC. PRICE POSTINGS FOR THE MONTH OF:

CRUDE TYPE. August 2011 NYMEX LEE D. VENDIG, II OIL & GAS CONSULTANTS, INC. PRICE POSTINGS FOR THE MONTH OF: PRICE POSTINGS FOR THE MONTH OF: August 2011 LEE D. VENDIG, II OIL & GAS CONSULTANTS, INC. NYMEX REPORTED TRADE DIFFERENTIALS NYMEX Cal. Day Average (Including W&H) $85.9877 Platts PPlus $2.8135 NYMEX