ARKANSAS OIL AND GAS COMMISSION HEARING AGENDA (REVISED) May 24-25, 2011 Fort Smith, Arkansas

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ARKANSAS OIL AND GAS COMMISSION HEARING AGENDA (REVISED) May 24-25, 2011 Fort Smith, Arkansas Note: Due to a large number of docket items, the hearing may run multiple days 1. REGULAR DOCKET DOCKET # 144-2011-05 Kevin Bradke Attorney: Dale Lipsmeyer Determination and Order Sec. 7-T9N-R15W Conway / B-43 086-2011-04 Calhoun Production, Rep.: Don Traylor Exception Location Sec. 4-T13S-R16W Calhoun / Locust Bayou 125-2011-05 Great Lakes Chemical Corp. Attorney: Christopher Lawson Amendment of Order 578-2010-12 South Plant Brine Unit / Union 127-2011-05 Will Drill Operating, Exploratory Drilling Unit SE/4 Sec. 12-T19S-R20W Columbia / Wildcat 128-2011-05 David Arrington Oil & Gas, Inc. ; Authority to Drill & Produce Sec. 27-T11N-R12W Sec. 34-T11N-R12W 055-2011-03 SEECO, Inc. Attorney: Jim Rankin Sec. 21-T10N-R9W Cleburne / B-43 147-2011-05 SEECO, Inc. Attorney: Jim Rankin Sec. 35-T11N-R8W Cleburne / B-43 145-2011-05 SEECO, Inc. Attorney: Robert Honea Sec. 13-T10N-R12W Cleburne / B-43 133-2011-05 Triad Land Services, Amendment of Field Rules; Creation of Exceptional Unit; Sec. 15-T18S-R19W Columbia / Atlanta 1

151-2011-05 Weiser-Brown Operating Co. Amendment of Field Rules SW/4, SW/4 Sec.24-T18S- R17W Union / Mount Willie Road 090-2011-04 XTO Energy, Inc. Non- Consenting Working Sec. 24-T11N-R11W Cleburne / B-43 091-2011-04 XTO Energy, Inc. Non-Consenting Working Sec. 26-T11N-R12W Cleburne / B-43 129-2011-05 XTO Energy, Inc. Sec. 13-T11N-R6W Independence / B-43 130-2011-05 XTO Energy, Inc. Sec. 22-T10N-R11W Cleburne / B-43 132-2011-05 SEECO, Inc. Sec. 31-T8N-R15W Conway / B-43 146-2011-05 SEECO, Inc. Extension of Time under General Rule B-7 Sec. 35-T10N-R14W Sec. 2-T9N-R14W 131-2011-05 SEECO, Inc. Waiver of Rule B-43(o); Sec. 18-T7N-R16W Sec. 17-T7N-R16W Sec. 8-T7N-R16W Sec. 7-T7N-R16W Conway / B-43 114-2011-04 BHP Billiton Petroleum Amendment of Order #059-2- 2010-01; Reinstatement of Permit; Sec. 21-T7N-R8W Sec. 28-T7N-R8W 141-2011-05 BHP Billiton Petroleum (059-2-2010-01); Sec. 28-T7N-R8W Sec. 21-T7N-R8W 138-2011-05 BHP Billiton Petroleum (Order # 223-2010-03); Sec. 16-T9N-R5W 2

139-2011-05 BHP Billiton Petroleum (057-2-2010-01); Sec. 22-T7N-R8W Sec. 27-T7N-R8W 140-2011-05 BHP Billiton Petroleum Modification of Form 25; ; Exceptional Location (Alt.) Sec. 27-T7N-R9W Sec. 34-T7N-R9W 142-2011-05 BHP Billiton Petroleum Modification of Form 25; Sec. 24-T7N-R9W Sec. 25-T7N-R9W 097-2011-04 Fort Operating Company Amendment of Field Rules - Creation of an Exceptional Unit; Exceptional Location; Sec. 26-T11N-R27W Sec. 27-T11N-R27W Franklin / Jethro 126-2011-05 Ross Exploration, Inc. Sec. 12-T4N-R32W Sebastian / B-44 070-2011-03 Chesapeake Exploration, Sec. 26-T11N-R12W Cleburne / B-43 073-2011-03 Chesapeake Exploration, Sec. 24-T11N-R11W Cleburne / B-43 101-2011-04 BHP Billiton Petroleum Sec. 17-T9N-R5W 102-2011-04 BHP Billiton Petroleum Sec. 35-T9N-R15W Conway / B-43 134-2011-05 BHP Billiton Petroleum Non- Consenting Working ; Authority to Drill & Produce Sec. 13-T7N-R13W Sec. 24-T7N-R13W Faulkner / B-43 3

135-2011-05 BHP Billiton Petroleum Non-Consenting Working Sec. 19-T8N-R11W Faulkner / B-43 137-2011-05 BHP Billiton Petroleum Exceptional Location; Authority to Drill & Produce Sec. 1-T10N-R16W Sec. 2-T10N-R16W Sec. 11-T10N-R16W 508-2010-09 (Cont d to July 2011) Poseidon Energy Services, Issuance of a Class II Commercial Injection Well Permit; Authority to Hydraulically Fracture Stimulate the Injection Formation Sec. 15-T9N-R13W 597-2010-12 (Cont d until July 2011) SEECO, Inc. Determination and Order; Exceptional Location Sec. 9-T8N-R14W Conway / B-43 2. Commission Docket DOCKET # 085A-2011-03 (Agreed-to Order; Evidence to be presented at May 2011 Hearing) Chesapeake Operating Co., Inc. Clarita Operating Co., Request for Continued Temporary Cessation Sec. 17-T8N-R12W Sec. 6-T7N-R12W Faulkner / B-43 116A-2011-04 Max Extract Technologies, Sec. 13-T5N-R31W Sebastian / B-44 117A-2011-04 Max Extract Technologies, Sec. 4-T4N-R31W Sebastian / B-44 118A-2011-04 Fairview Production Compliance 4

150A-2011-05 MHS Oil and Gas, ; Financial Assurance Forfeiture Sec. 2-T20S-R23W Columbia / Keoun Creek 152A-2011-05 McKenzie Management, Inc. Sec. 15-T8N-R23W Logan / Spadra 153A-2011-05 T. D. Energy Co. Inc. Sec. 21-T8N-R22W Sec. 22-T8N-R22W Logan / Knoxville 154A-2011-05 Fossil Bay Petroleum, Inc. Sec. 3-T14N-R31W Sec. 11-T14N-R31W Washington / Wildcat, Friendship Church 155A-2011-05 Gas Search, Inc. Sec. 33-T16N-R31W Sec. 28-T16N-R31W Sec. 17-T15N-R32W Washington / Goose Creek, High Ocean 156A-2011-05 Carthage Oil Company Sec. 7-T14N-R32W Sec. 17-T14N-R32W Washington / Wildcat 158A-2011-05 Rebel Exploration, Inc. Sec. 15-T6N-R30W B-44 / Sebastian 159A-2011-05 Rebel Exploration, Inc. Sec. 15-T6N-R30W B-44 / Sebastian 3. DIRECTORS REPORT 4. PUBLIC COMMENTS Commission will hear public comments concerning the following areas of Commission jurisdiction: 1. Whether or not waste of oil and/or gas is taking place or is reasonably imminent. 2. The optimum equitable rate of production for each controlled source of supply. 3. Whether or not any rules and regulations currently in effect should be considered for revision, or if additional rules should be considered. 4. Other matters brought before the Commission over which it has jurisdiction. 5