EXHIBIT 99.2

February 15, 2013

Mr. Ray Reaves

FieldPoint Petroleum Corporation

1703 Edelweiss Drive

Cedar Park, Texas 76613

Ref: FieldPoint Petroleum Corporation

Estimates of Proved Reserves and Revenues

As of January 1, 2013

SEC Guideline Case

Dear Mr. Reaves:

In accordance with your request, we have estimated total proved reserves as of January 1, 2013 to FieldPoint Petroleum Corporation’s interests in selected oil and gas properties located in Louisiana, New Mexico, Oklahoma, Texas and Wyoming.

As presented in this report, we estimate the net reserves and future net revenue to FieldPoint Petroleum Corporation’s interests as follows:

FieldPoint Petroleum Corporation

Total Proved Reserves

As of January 1, 2013

SEC Price Guideline Case	Proved Developed Producing		Proved Behind Pipe		Proved Undeveloped		Total Proved
Estimated Future Net Oil, MBbl		784.40		22.50		227.34		1,034.24
Estimated Future Net NGL, Mgal		2,573.35				973.66		3,547.01
Estimated Future Net Gas, MMcf		1,002.90		114.33		299.25		1,416.49
Total Future Gross Revenue, M$		74,428.11		2,413.75		22,110.01		98,951.87
Severance Taxes, M$		4,961.34		176.19		1,545.39		6,682.92
Ad Valorem Taxes, M$		3,292.17		120.69		1,042.17		4,455.03
Lease Operating Costs, M$		24,488.63		210.42		2,886.77		27,585.82
Capital Expenditures, M$		0.00		62.04		4,652.00		4,714.04
Net Revenue (“FNR”), M$		41,685.97		1,844.40		11,983.67		55,514.05
Discounted FNR at 10%, M$		23,905.18		984.10		5,786.04		30,675.32
Discounted FNR at 15%, M$		19,855.36		771.29		4,261.99		24,888.63

This report has been prepared in accordance with the Society of Petroleum Engineers (“SPE”) - Petroleum Resources Management System (“SPE-PRMS”).  Risk factors have not been applied to these estimates.  A copy of the SPE-PRMS oil and gas reserve definitions for “Proved” reserves (Table 3 to the SPE-PRMS) are attached hereto.  This report also conforms to our understanding of the Standards Pertaining to the Estimating and Auditing of Oil and Gas Reserve Information promulgated by SPE and the Guidelines for Application of Definitions for Oil and Gas Reserves prepared by the Society of Petroleum Evaluation Engineers (“SPEE”).

The oil reserves shown are expressed in barrels where one barrel equals 42 US gallons.  Gas volumes are expressed in millions of standard cubic feet (MMCF).  The reserve and income quantities attributable to the different reserve classifications that are included herein have not been adjusted to reflect the varying degrees of risk associated with them and thus are not comparable.

Future reserves in this report are based on conventional decline curve analysis.  The reserves are expressed as property gross and net reserves.  Values for reserves are expressed in terms of future net revenue and present worth of future net revenue.  Future net revenue is defined as revenue that will accrue to the appraised interests from the production and sale of the estimated net reserves after deducting production taxes, ad valorem taxes, direct lease operating expenses and capital costs.  Neither plug and abandonment costs nor salvage was considered in this evaluation.  No estimate of Federal Income Tax has been made in this report.  Present worth is defined as the future net revenue discounted at the rate shown per year, compounded monthly. The present worth used in this case is 10% per year, compounded monthly.

Prices utilized herein are the average prices of the 12-month prior to the ending date of the period covered by this report, determined as an unweighted arithmetic average of the first-day-of-the-month price for each month within such period.  An average oil price of $94.71 per barrel based on the WTI Cushing, Oklahoma SPOT price and an average gas price of $2.75 per MMBtu based on the Henry Hub Gas Cash Market Price were used.  No price escalations are included in this report as per SEC regulations.  Where applicable, transportation costs have been included and adjustments for heating content, premiums and basis differentials have been applied.

Lease operating expenses are used to establish the economic limit of each property in this report and were not escalated.  FieldPoint Petroleum Corporation provided these expenses for the Bass Petroleum, Inc. (part of FieldPoint Petroleum Corporation) operated wells and the non-operated wells.  FieldPoint removed COPAS operating charges, capital expenditures and ad valorem taxes from the monthly operating expenses.  Severance and ad valorem taxes were also applied as a percentage of gross revenue.  A property is considered uneconomic when expenses exceed gross revenues.

Information necessary for the preparation of these estimates was obtained from records furnished by FieldPoint Petroleum Corporation and from commercially available data sources.  For purposes of this report, the individual well test and production data, as reported by the above sources, were accepted as represented together with all other factual data presented by FieldPoint Petroleum Corporation including the extent and character of the interest evaluated.  No field inspection of the properties was performed.

All reserve estimates herein have been performed in accordance with sound engineering principles and generally accepted industry practice.  As in all aspects of oil and gas evaluations, there are uncertainties inherent in the interpretation of engineering and geologic data and all conclusions and projections contained herein represent the informed, professional judgment of the undersigned.  The reserves may or may not be recovered, and the revenues therefrom and the cost related thereto could be more or less than the estimated amounts.  Estimates of reserves may increase or decrease as a result of future operations, governmental policies, product supply and demand, and also are subject to revision as additional operating history becomes available and as economic conditions change.

FieldPoint Petroleum Corporation February 15, 2013

The evaluation of potential environmental liability costs from the operation and abandonment of the properties evaluated was beyond the scope of this report.  In addition, no evaluation was made to determine the degree of operator compliance with current environmental rules, regulations and reporting requirements.  Therefore, no estimate of the potential economic liability, if any, from environmental concerns is included in the projections presented herein.

FieldPoint Petroleum Corporation provided basic well information, operating costs, initial test rates and ownership interests which we have accepted as correct.  Historical production data was obtained from public sources such as state regulatory agencies, Lasser Production Data Services, Drillinginfo and IHS Energy Data Services.  Digital, hard copy and other pertinent data relating to the properties evaluated will be retained in our files and will be available for review upon request.  We have not inspected or performed well tests on the individual properties in this report.

We do not own an interest in the subject properties.  The employment to make this study and the compensation is not contingent on our estimates of reserves and future income for the subject properties.

We appreciate the opportunity to prepare this report.  If you have any questions regarding this report or if we can assist in any other way please do not hesitate to call.

Sincerely,

David N. Dennard, P.E.

Reservoir Engineer

PGH Petroleum & Environmental Engineers, L.L.C.

FieldPoint Petroleum Corporation February 15, 2013

Date : 03/08/2013   2:17:53PM Total

FieldPoint Petroleum Corporation

Reserve and Economic Projection

As of 1/1/2013

All Cases

			------------ Estimated 8/8 Ths Production -----------						---------------------- Net Production ----------------------
Year	Wells		Oil  ---- Mbbl -----		NGL ---- Mgal ----		Gas ----- MMcf-----		Oil ----- Mbbl -----		NGL ----- Mgal -----		Gas ----- MMcf -----		Oil - $/bbl -		NGL - $/gal -		Gas - $/Mcf -
2013		48		335.31		1,397.41		1,126.20		108.44		518.80		156.36		89.24		0.71		3.17
2014		45		294.55		1,192.14		793.65		94.81		443.74		127.55		89.26		0.71		3.21
2015		48		278.17		772.22		657.70		78.55		290.82		106.69		89.12		0.71		3.46
2016		49		301.85		599.29		663.90		83.29		227.58		117.32		90.04		0.71		3.28
2017		45		256.07		496.12		558.94		71.12		189.61		98.46		89.90		0.71		3.26
2018		43		221.04		427.94		477.78		62.12		164.39		84.33		89.78		0.71		3.23
2019		40		195.23		378.06		420.30		55.34		145.84		74.47		89.67		0.71		3.24
2020		39		175.45		340.40		377.53		50.10		131.77		67.16		89.58		0.71		3.24
2021		39		157.65		308.43		331.59		44.97		119.73		57.43		89.53		0.71		3.06
2022		37		143.18		282.43		271.17		40.87		109.91		49.06		89.47		0.71		2.94
2023		35		116.43		259.47		248.67		35.03		101.21		44.89		89.12		0.71		2.92
2024		31		104.34		239.23		228.01		31.80		93.53		41.33		89.01		0.71		2.92
2025		29		95.44		219.53		210.32		29.17		86.02		37.61		88.95		0.71		2.87
2026		28		87.78		202.16		195.17		26.94		79.41		34.65		88.89		0.71		2.83
2027		28		80.97		186.30		181.60		25.00		73.35		32.16		88.85		0.71		2.82
Sub-T				2,843.47		7,301.12		6,742.55		837.55		2,775.71		1,129.46		89.44		0.71		3.17
After				518.13		1,891.24		1,518.16		196.69		771.30		287.02		87.51		0.71		2.56
Total				3,361.60		9,192.36		8,260.72		1,034.24		3,547.01		1,416.49		89.07		0.71		3.05
Cum.				78,239.96		389.39		27,411.34
Cum.				78,239.96		389.39		27,411.34
Ult.				81,601.56		9,581.75		35,672.06

	----------------------------------- Company Future Gross Revenue ----------------------------------										------- Prod & Adv Taxes -------		----- Revenue ----
Year	Oil ------ M$ ------		NGL ------ M$ ------		Gas ------ M$ ------		Other ------ M$ ------		Total ------ M$ ------		Prod Tax ------ M$ ------		Adv Tax ------ M$ ------		after Sev & Adv ------- M$ --------
2013		9,677.12		368.35		496.04		0.00		10,541.51		728.51		463.76		9,349.24
2014		8,462.40		315.05		409.94		0.00		9,187.39		633.33		402.61		8,151.45
2014		8,462.40		315.05		409.94		0.00		9,187.39		633.33		402.61		8,151.45
2015		7,000.18		206.49		369.55		0.00		7,576.22		517.44		327.59		6,731.19
2016		7,499.08		161.58		384.73		0.00		8,045.40		547.42		351.34		7,146.63
2017		6,393.96		134.62		320.96		0.00		6,849.55		463.16		295.94		6,090.44
2018		5,577.10		116.72		272.72		0.00		5,966.54		402.33		256.71		5,307.49
2019		4,962.90		103.55		241.46		0.00		5,307.91		356.96		227.57		4,723.38
2020		4,488.27		93.55		217.90		0.00		4,799.72		321.97		205.24		4,272.51
2021		4,025.57		85.01		175.96		0.00		4,286.54		287.73		184.21		3,814.60
2022		3,656.95		78.03		144.15		0.00		3,879.13		260.34		167.29		3,451.50
2023		3,121.98		71.86		131.30		0.00		3,325.13		222.53		153.04		2,949.56
2024		2,830.93		66.41		120.49		0.00		3,017.82		202.04		140.73		2,675.05
2025		2,594.57		61.08		107.98		0.00		2,763.63		184.98		129.17		2,449.48
2026		2,394.70		56.38		98.03		0.00		2,549.11		170.48		119.27		2,259.36
2027		2,221.06		52.08		90.64		0.00		2,363.78		157.81		110.54		2,095.44
Sub-T		74,906.76		1,970.75		3,581.85		0.00		80,459.37		5,457.03		3,535.01		71,467.32
After		17,211.52		547.63		733.35		0.00		18,492.50		1,225.89		920.02		16,346.59
Total		92,118.28		2,518.38		4,315.21		0.00		98,951.87		6,682.92		4,455.03		87,813.91

	----------------------------------- Deductions -----------------------------------								-------------------- Future Net Income Before Income Taxes --------------------
	Lease		Net		Trans.		Net		Undiscounted				Discounted Ann		Disc. Cum.
Year	Net Costs ------ M$ ------		Investments ------ M$ ------		Costs ------ M$ ------		Profits ------ M$ ------		Annual ------ M$ ------		Cumulative ------- M$ -------		@ 10.00% -------M$ -------		Annual @ 10.00% ------- M$ -------
2013		1,696.72		2,670.00		0.00		0.00		4,982.52		4,982.52		4,730.67		4,730.67
2014		1,539.32		0.00		0.00		0.00		6,612.13		11,594.65		5,716.67		10,447.34
2015		1,404.03		1,894.04		0.00		0.00		3,433.12		15,027.77		2,705.63		13,152.97
2016		1,430.52		150.00		0.00		0.00		5,566.11		20,593.88		3,936.51		17,089.48
2017		1,413.21		0.00		0.00		0.00		4,677.23		25,271.11		2,993.44		20,082.92
2018		1,388.60		0.00		0.00		0.00		3,918.89		29,190.01		2,270.06		22,352.98
2019		1,379.04		0.00		0.00		0.00		3,344.34		32,534.34		1,753.51		24,106.50
2020		1,375.97		0.00		0.00		0.00		2,896.54		35,430.88		1,374.62		25,481.12
2021		1,308.10		0.00		0.00		0.00		2,506.50		37,937.38		1,076.59		26,557.70
2022		1,263.42		0.00		0.00		0.00		2,188.08		40,125.46		850.76		27,408.47
2023		1,030.12		0.00		0.00		0.00		1,919.45		42,044.91		675.58		28,084.05
2024		973.77		0.00		0.00		0.00		1,701.28		43,746.19		542.02		28,626.06
2025		956.28		0.00		0.00		0.00		1,493.20		45,239.40		430.58		29,056.64
2026		946.61		0.00		0.00		0.00		1,312.75		46,552.15		342.69		29,399.33
2027		946.61		0.00		0.00		0.00		1,148.83		47,700.98		271.50		29,670.83
Sub-T		19,052.30		4,714.04		0.00		0.00		47,700.98		47,700.98		29,670.83		29,670.83
After		8,533.52		0.00		0.00		0.00		7,813.07		7,813.07		1,004.49		1,004.49
Total		27,585.82		4,714.04		0.00		0.00		55,514.05		55,514.05		30,675.32		30,675.32

Eco. Indicators		Present Worth Profile (M$)
		PW   5.00% :	39,676.28
Return on Investment (disc) :	13.291	PW   9.00% :	32,149.18
Return on Investment (undisc) :	22.012	PW 10.00% :	30,675.32
Years to Payout :	0.39	PW 12.00% :	28,081.64
Internal Rate of Return (%):	>1000	PW 15.00% :	24,888.63
		PW 20.00% :	20,868.44

TRC Eco Detailed2Sum.rpt

1

Date : 03/08/2013   2:17:53PM	FieldPoint Petroleum Corporation
	Reserve and Economic Projection	Producing Rsv Category
	As of 1/1/2013
	All Cases

			------------ Estimated 8/8 Ths Production -----------						---------------------- Net Production ----------------------
Year	Wells		Oil  ---- Mbbl -----		NGL ---- Mgal ----		Gas ----- MMcf-----		Oil ----- Mbbl -----		NGL ----- Mgal -----		Gas ----- MMcf -----		Oil - $/bbl -		NGL - $/gal -		Gas - $/Mcf -
2013		46		283.65		954.95		481.00		89.70		358.27		105.17		89.25		0.71		3.34
2014		43		226.37		608.20		399.08		70.07		231.87		86.04		89.28		0.71		3.38
2015		42		195.85		472.29		350.92		59.84		182.01		75.78		89.28		0.71		3.38
2016		40		175.20		395.47		316.75		53.60		153.63		67.39		89.27		0.71		3.38
2017		36		157.89		342.17		288.04		48.42		133.76		60.13		89.25		0.71		3.36
2018		34		143.72		303.95		265.08		44.19		119.41		54.49		89.23		0.71		3.31
2019		31		131.65		274.25		246.15		40.67		108.18		50.34		89.20		0.71		3.31
2020		30		121.46		250.87		230.34		37.74		99.28		47.05		89.17		0.71		3.31
2021		30		111.02		230.11		210.68		34.39		91.32		40.72		89.17		0.71		3.04
2022		29		102.14		212.65		194.87		31.65		84.59		36.31		89.16		0.71		2.86
2023		27		79.90		196.73		180.41		26.90		78.44		33.72		88.74		0.71		2.84
2024		23		71.54		182.62		166.45		24.56		72.99		31.45		88.65		0.71		2.83
2025		21		66.00		168.72		154.88		22.73		67.59		28.87		88.61		0.71		2.78
2026		20		61.21		156.43		144.92		21.17		62.81		26.85		88.58		0.71		2.73
2027		20		56.89		145.14		135.92		19.81		58.42		25.18		88.55		0.71		2.72
Sub-T				1,984.47		4,894.54		3,765.50		625.42		1,902.57		769.48		89.13		0.71		3.20
After				306.04		1,614.19		1,107.86		158.98		670.79		233.43		86.99		0.71		2.42
Total				2,290.51		6,508.73		4,873.36		784.40		2,573.35		1,002.90		88.69		0.71		3.02
Cum.				78,239.96		389.39		27,411.34
Ult.				80,530.47		6,898.12		32,284.69

	----------------------------------- Company Future Gross Revenue ----------------------------------										------- Prod & Adv Taxes -------		----- Revenue ----
Year	Oil ------ M$ ------		NGL ------ M$ ------		Gas ------ M$ ------		Other ------ M$ ------		Total ------ M$ ------		Prod Tax ------ M$ ------		Adv Tax ------ M$ ------		after Sev & Adv ------- M$ --------
2013		8,005.30		254.37		351.28		0.00		8,610.95		585.33		367.23		7,658.39
2014		6,255.97		164.63		290.80		0.00		6,711.40		450.26		278.81		5,982.33
2014		6,255.97		164.63		290.80		0.00		6,711.40		450.26		278.81		5,982.33
2015		5,342.43		129.22		255.78		0.00		5,727.43		383.48		236.80		5,107.16
2016		4,784.80		109.08		228.03		0.00		5,121.91		341.43		210.65		4,569.83
2017		4,321.26		94.97		202.32		0.00		4,618.55		307.09		189.74		4,121.72
2018		3,943.04		84.78		180.44		0.00		4,208.26		279.49		173.21		3,755.56
2019		3,627.67		76.81		166.81		0.00		3,871.28		256.81		159.58		3,454.90
2020		3,365.21		70.49		155.60		0.00		3,591.30		237.92		148.28		3,205.09
2021		3,066.55		64.83		123.98		0.00		3,255.36		216.20		135.82		2,903.34
2022		2,822.22		60.06		103.82		0.00		2,986.10		198.60		125.57		2,661.94
2023		2,386.86		55.70		95.89		0.00		2,538.44		168.25		116.42		2,253.77
2024		2,177.35		51.82		89.10		0.00		2,318.28		153.87		108.27		2,056.13
2025		2,013.71		47.99		80.18		0.00		2,141.88		142.26		100.41		1,899.21
2026		1,874.76		44.60		73.23		0.00		1,992.58		132.31		93.62		1,766.66
2027		1,753.97		41.47		68.44		0.00		1,863.89		123.59		87.56		1,652.74
Sub-T		55,741.10		1,350.82		2,465.69		0.00		59,557.61		3,976.88		2,531.97		53,048.76
After		13,829.61		476.26		564.63		0.00		14,870.50		984.46		760.20		13,125.84
Total		69,570.70		1,827.08		3,030.33		0.00		74,428.11		4,961.34		3,292.17		66,174.60

	----------------------------------- Deductions -----------------------------------								-------------------- Future Net Income Before Income Taxes --------------------
	Lease		Net		Trans.		Net		Undiscounted				Discounted Ann		Disc. Cum.
Year	Net Costs ------ M$ ------		Investments ------ M$ ------		Costs ------ M$ ------		Profits ------ M$ ------		Annual ------ M$ ------		Cumulative ------- M$ -------		@ 10.00% -------M$ -------		Annual @ 10.00% ------- M$ -------
2013		1,643.54		0.00		0.00		0.00		6,014.85		6,014.85		5,744.91		5,744.91
2014		1,426.12		0.00		0.00		0.00		4,556.21		10,571.07		3,932.51		9,677.41
2015		1,331.85		0.00		0.00		0.00		3,775.31		14,346.38		2,948.48		12,625.90
2016		1,316.32		0.00		0.00		0.00		3,253.50		17,599.88		2,299.60		14,925.50
2017		1,295.23		0.00		0.00		0.00		2,826.48		20,426.36		1,808.04		16,733.54
2018		1,270.62		0.00		0.00		0.00		2,484.94		22,911.30		1,438.91		18,172.45
2019		1,261.07		0.00		0.00		0.00		2,193.83		25,105.13		1,149.97		19,322.42
2020		1,257.99		0.00		0.00		0.00		1,947.10		27,052.23		923.87		20,246.29
2021		1,190.94		0.00		0.00		0.00		1,712.40		28,764.64		735.40		20,981.69
2022		1,150.64		0.00		0.00		0.00		1,511.30		30,275.93		587.56		21,569.25
2023		917.34		0.00		0.00		0.00		1,336.44		31,612.37		470.33		22,039.58
2024		860.99		0.00		0.00		0.00		1,195.15		32,807.52		380.73		22,420.31
2025		843.50		0.00		0.00		0.00		1,055.71		33,863.23		304.40		22,724.71
2026		833.83		0.00		0.00		0.00		932.83		34,796.06		243.50		22,968.21
2027		833.83		0.00		0.00		0.00		818.91		35,614.98		193.52		23,161.73
Sub-T		17,433.79		0.00		0.00		0.00		35,614.98		35,614.98		23,161.73		23,161.73
After		7,054.84		0.00		0.00		0.00		6,071.00		6,071.00		743.45		743.45
Total		24,488.63		0.00		0.00		0.00		41,685.97		41,685.97		23,905.18		23,905.18

Eco. Indicators		Present Worth Profile (M$)
		PW   5.00% :	30,249.06
Return on Investment (disc) :	0.000	PW   9.00% :	24,938.77
Return on Investment (undisc) :	0.000	PW 10.00% :	23,905.18
Years to Payout :	0.00	PW 12.00% :	22,089.13
Internal Rate of Return (%):	0.00	PW 15.00% :	19,855.36
		PW 20.00% :	17,037.31

TRC Eco Detailed2Sum.rpt

2

Date : 03/08/2013   2:17:53PM	FieldPoint Petroleum Corporation
	Reserve and Economic Projection	Behind Pipe Rsv Category
	As of 1/1/2013
	All Cases

			------------ Estimated 8/8 Ths Production -----------						---------------------- Net Production ----------------------
Year	Wells		Oil  ---- Mbbl -----		NGL ---- Mgal ----		Gas ----- MMcf-----		Oil ----- Mbbl -----		NGL ----- Mgal -----		Gas ----- MMcf -----		Oil - $/bbl -		NGL - $/gal -		Gas - $/Mcf -
2013		1		0.00		0.00		567.72		0.00		0.00		32.35		0.00		0.00		2.76
2014		1		0.00		0.00		292.30		0.00		0.00		16.66		0.00		0.00		2.76
2015		2		37.87		0.00		233.14		4.17		0.00		15.98		86.83		0.00		4.43
2016		2		27.36		0.00		163.41		3.01		0.00		11.26		86.83		0.00		4.47
2017		2		19.17		0.00		119.33		2.11		0.00		8.16		86.83		0.00		4.42
2018		2		14.86		0.00		92.57		1.63		0.00		6.33		86.83		0.00		4.41
2019		2		12.16		0.00		74.61		1.34		0.00		5.12		86.83		0.00		4.43
2020		2		10.33		0.00		61.99		1.14		0.00		4.27		86.83		0.00		4.47
2021		2		8.95		0.00		46.78		0.98		0.00		3.30		86.83		0.00		4.67
2022		1		7.92		0.00		10.62		0.87		0.00		1.17		86.83		0.00		7.53
2023		1		7.10		0.00		9.53		0.78		0.00		1.05		86.83		0.00		7.53
2024		1		6.40		0.00		8.60		0.70		0.00		0.95		86.83		0.00		7.53
2025		1		5.75		0.00		7.71		0.63		0.00		0.85		86.83		0.00		7.53
2026		1		5.17		0.00		6.94		0.57		0.00		0.76		86.83		0.00		7.53
2027		1		4.66		0.00		6.25		0.51		0.00		0.69		86.83		0.00		7.53
Sub-T				167.70		0.00		1,701.51		18.45		0.00		108.88		86.83		0.00		3.85
After				36.87		0.00		49.49		4.06		0.00		5.44		86.83		0.00		7.53
Total				204.57		0.00		1,751.00		22.50		0.00		114.33		86.83		0.00		4.02
Cum.				0.00		0.00		0.00
Ult.				204.57		0.00		1,751.00

	----------------------------------- Company Future Gross Revenue ----------------------------------										------- Prod & Adv Taxes -------		----- Revenue ----
Year	Oil ------ M$ ------		NGL ------ M$ ------		Gas ------ M$ ------		Other ------ M$ ------		Total ------ M$ ------		Prod Tax ------ M$ ------		Adv Tax ------ M$ ------		after Sev & Adv ------- M$ --------
2013		0.00		0.00		89.35		0.00		89.35		7.32		4.47		77.56
2014		0.00		0.00		46.00		0.00		46.00		3.77		2.30		39.93
2014		0.00		0.00		46.00		0.00		46.00		3.77		2.30		39.93
2015		361.74		0.00		70.80		0.00		432.54		31.45		21.63		379.47
2016		261.34		0.00		50.36		0.00		311.70		22.65		15.59		273.47
2017		183.14		0.00		36.05		0.00		219.19		15.94		10.96		192.29
2018		141.89		0.00		27.95		0.00		169.84		12.35		8.49		149.00
2019		116.11		0.00		22.69		0.00		138.80		10.09		6.94		121.77
2020		98.66		0.00		19.06		0.00		117.72		8.56		5.89		103.28
2021		85.47		0.00		15.42		0.00		100.89		7.32		5.04		88.52
2022		75.62		0.00		8.80		0.00		84.42		6.08		4.22		74.12
2023		67.79		0.00		7.89		0.00		75.68		5.45		3.78		66.45
2024		61.17		0.00		7.12		0.00		68.30		4.92		3.41		59.96
2025		54.90		0.00		6.39		0.00		61.29		4.42		3.06		53.81
2026		49.42		0.00		5.75		0.00		55.17		3.97		2.76		48.43
2027		44.48		0.00		5.18		0.00		49.65		3.58		2.48		43.59
Sub-T		1,601.72		0.00		418.82		0.00		2,020.54		147.86		101.03		1,771.65
After		352.20		0.00		41.00		0.00		393.20		28.33		19.66		345.21
Total		1,953.92		0.00		459.82		0.00		2,413.75		176.19		120.69		2,116.87

	----------------------------------- Deductions -----------------------------------								-------------------- Future Net Income Before Income Taxes --------------------
	Lease		Net		Trans.		Net		Undiscounted				Discounted Ann		Disc. Cum.
Year	Net Costs ------ M$ ------		Investments ------ M$ ------		Costs ------ M$ ------		Profits ------ M$ ------		Annual ------ M$ ------		Cumulative ------- M$ -------		@ 10.00% -------M$ -------		Annual @ 10.00% ------- M$ -------
2013		5.19		45.00		0.00		0.00		27.38		27.38		24.37		24.37
2014		5.20		0.00		0.00		0.00		34.73		62.11		30.08		54.45
2015		9.37		17.04		0.00		0.00		353.06		415.17		273.91		328.36
2016		10.20		0.00		0.00		0.00		263.27		678.44		186.53		514.89
2017		10.20		0.00		0.00		0.00		182.10		860.53		116.66		631.55
2018		10.20		0.00		0.00		0.00		138.80		999.33		80.46		712.00
2019		10.20		0.00		0.00		0.00		111.57		1,110.90		58.52		770.53
2020		10.20		0.00		0.00		0.00		93.08		1,203.98		44.19		814.71
2021		9.38		0.00		0.00		0.00		79.14		1,283.12		34.00		848.71
2022		5.00		0.00		0.00		0.00		69.12		1,352.24		26.87		875.59
2023		5.00		0.00		0.00		0.00		61.45		1,413.69		21.63		897.21
2024		5.00		0.00		0.00		0.00		54.96		1,468.65		17.51		914.72
2025		5.00		0.00		0.00		0.00		48.81		1,517.46		14.08		928.80
2026		5.00		0.00		0.00		0.00		43.44		1,560.90		11.34		940.14
2027		5.00		0.00		0.00		0.00		38.59		1,599.49		9.12		949.26
Sub-T		110.12		62.04		0.00		0.00		1,599.49		1,599.49		949.26		949.26
After		100.30		0.00		0.00		0.00		244.91		244.91		34.84		34.84
Total		210.42		62.04		0.00		0.00		1,844.40		1,844.40		984.10		984.10

Eco. Indicators		Present Worth Profile (M$)
		PW   5.00% :	1,306.44
Return on Investment (disc) :	72.613	PW   9.00% :	1,037.61
Return on Investment (undisc) :	109.240	PW 10.00% :	984.10
Years to Payout :	0.80	PW 12.00% :	889.25
Internal Rate of Return (%):	196.19	PW 15.00% :	771.29
		PW 20.00% :	620.87

TRC Eco Detailed2Sum.rpt

3

Date : 03/08/2013   2:17:53PM	FieldPoint Petroleum Corporation
	Reserve and Economic Projection	Behind Pipe Rsv Category
	As of 1/1/2013
	All Cases

			------------ Estimated 8/8 Ths Production -----------						---------------------- Net Production ----------------------
Year	Wells		Oil  ---- Mbbl -----		NGL ---- Mgal ----		Gas ----- MMcf-----		Oil ----- Mbbl -----		NGL ----- Mgal -----		Gas ----- MMcf -----		Oil - $/bbl -		NGL - $/gal -		Gas - $/Mcf -
2013		1		51.66		442.46		77.49		18.74		160.53		18.84		89.20		0.71		2.94
2014		1		68.18		583.94		102.27		24.74		211.86		24.86		89.20		0.71		2.94
2015		4		44.45		299.93		73.64		14.54		108.82		14.93		89.12		0.71		2.88
2016		7		99.29		203.82		183.74		26.68		73.95		38.67		91.94		0.71		2.75
2017		7		79.01		153.94		151.57		20.60		55.85		30.16		91.73		0.71		2.74
2018		7		62.47		123.99		120.13		16.29		44.98		23.51		91.58		0.71		2.74
2019		7		51.43		103.82		99.54		13.34		37.67		19.01		91.41		0.71		2.73
2020		7		43.67		89.53		85.20		11.23		32.48		15.84		91.23		0.71		2.73
2021		7		37.68		78.33		74.13		9.59		28.42		13.41		91.06		0.71		2.73
2022		7		33.12		69.78		65.68		8.35		25.32		11.58		90.89		0.71		2.72
2023		7		29.43		62.74		58.73		7.35		22.76		10.12		90.75		0.71		2.72
2024		7		26.40		56.61		52.97		6.54		20.54		8.94		90.62		0.71		2.72
2025		7		23.68		50.81		47.73		5.81		18.43		7.90		90.50		0.71		2.71
2026		7		21.40		45.73		43.31		5.20		16.59		7.03		90.41		0.71		2.71
2027		7		19.42		41.16		39.43		4.68		14.93		6.30		90.32		0.71		2.70
Sub-T				691.30		2,406.58		1,275.54		193.69		873.14		251.10		90.68		0.71		2.78
After				175.21		277.05		360.82		33.65		100.52		48.15		90.03		0.71		2.65
Total				866.52		2,683.63		1,636.36		227.34		973.66		299.25		90.59		0.71		2.76
Cum.				0.00		0.00		0.00
Ult.				866.52		2,683.63		1,636.36

	----------------------------------- Company Future Gross Revenue ----------------------------------										------- Prod & Adv Taxes -------		----- Revenue ----
Year	Oil ------ M$ ------		NGL ------ M$ ------		Gas ------ M$ ------		Other ------ M$ ------		Total ------ M$ ------		Prod Tax ------ M$ ------		Adv Tax ------ M$ ------		after Sev & Adv ------- M$ --------
2013		1,671.82		113.98		55.42		0.00		1,841.21		135.86		92.06		1,613.29
2014		2,206.43		150.42		73.14		0.00		2,429.99		179.30		121.50		2,129.19
2014		2,206.43		150.42		73.14		0.00		2,429.99		179.30		121.50		2,129.19
2015		1,296.01		77.26		42.97		0.00		1,416.25		102.52		69.17		1,244.56
2016		2,452.94		52.50		106.35		0.00		2,611.78		183.34		125.11		2,303.34
2017		1,889.56		39.66		82.59		0.00		2,011.80		140.13		95.23		1,776.43
2018		1,492.17		31.94		64.33		0.00		1,588.43		110.49		75.01		1,402.93
2019		1,219.13		26.74		51.96		0.00		1,297.83		90.07		61.05		1,146.72
2020		1,024.40		23.06		43.24		0.00		1,090.70		75.49		51.07		964.14
2021		873.55		20.18		36.56		0.00		930.29		64.21		43.35		822.74
2022		759.11		17.97		31.53		0.00		808.61		55.66		37.50		715.45
2023		667.33		16.16		27.51		0.00		711.00		48.82		32.84		629.34
2024		592.40		14.58		24.26		0.00		631.25		43.25		29.04		558.96
2025		525.96		13.09		21.41		0.00		560.46		38.31		25.69		496.46
2026		470.53		11.78		19.05		0.00		501.36		34.20		22.90		444.27
2027		422.61		10.60		17.02		0.00		450.24		30.64		20.50		399.10
Sub-T		17,563.95		619.93		697.34		0.00		18,881.21		1,332.29		902.02		16,646.91
After		3,029.71		71.37		127.72		0.00		3,228.80		213.10		140.16		2,875.54
Total		20,593.66		691.30		825.05		0.00		22,110.01		1,545.39		1,042.17		19,522.45

	----------------------------------- Deductions -----------------------------------								-------------------- Future Net Income Before Income Taxes --------------------
	Lease		Net		Trans.		Net		Undiscounted				Discounted Ann		Disc. Cum.
Year	Net Costs ------ M$ ------		Investments ------ M$ ------		Costs ------ M$ ------		Profits ------ M$ ------		Annual ------ M$ ------		Cumulative ------- M$ -------		@ 10.00% -------M$ -------		Annual @ 10.00% ------- M$ -------
2013		48.00		2,625.00		0.00		0.00		-1,059.71		-1,059.71		-1,038.61		-1,038.61
2014		108.00		0.00		0.00		0.00		2,021.18		961.48		1,754.09		715.48
2015		62.82		1,877.00		0.00		0.00		-695.25		266.22		-516.76		198.72
2016		104.00		150.00		0.00		0.00		2,049.34		2,315.56		1,450.38		1,649.09
2017		107.78		0.00		0.00		0.00		1,668.65		3,984.22		1,068.74		2,717.83
2018		107.78		0.00		0.00		0.00		1,295.15		5,279.37		750.70		3,468.53
2019		107.78		0.00		0.00		0.00		1,038.94		6,318.30		545.02		4,013.55
2020		107.78		0.00		0.00		0.00		856.36		7,174.66		406.56		4,420.11
2021		107.78		0.00		0.00		0.00		714.96		7,889.62		307.19		4,727.30
2022		107.78		0.00		0.00		0.00		607.67		8,497.29		236.33		4,963.63
2023		107.78		0.00		0.00		0.00		521.56		9,018.85		183.62		5,147.25
2024		107.78		0.00		0.00		0.00		451.18		9,470.03		143.77		5,291.03
2025		107.78		0.00		0.00		0.00		388.68		9,858.71		112.10		5,403.13
2026		107.78		0.00		0.00		0.00		336.49		10,195.19		87.86		5,490.99
2027		107.78		0.00		0.00		0.00		291.32		10,486.51		68.86		5,559.84
Sub-T		1,508.40		4,652.00		0.00		0.00		10,486.51		10,486.51		5,559.84		5,559.84
After		1,378.38		0.00		0.00		0.00		1,497.16		1,497.16		226.20		226.20
Total		2,886.77		4,652.00		0.00		0.00		11,983.67		11,983.67		5,786.04		5,786.04

Eco. Indicators		Present Worth Profile (M$)
		PW   5.00% :	8,120.77
Return on Investment (disc) :	3.331	PW   9.00% :	6,172.80
Return on Investment (undisc) :	5.565	PW 10.00% :	5,786.04
Years to Payout :	1.41	PW 12.00% :	5,103.26
Internal Rate of Return (%):	78.61	PW 15.00% :	4,261.99
		PW 20.00% :	3,210.26

TRC Eco Detailed2Sum.rpt

4

All Cases	PGH Petroleum & Environmental Engineers, L.L.C.	Date :	3/8/2013
		Time :	2:24:36 PM
	Economic Information	File :	Fieldpoint Reserves 2013-01.Phd

	Rsv	Gross Rem Resv				Net Rem Resv				Net		Sev + Adv		Oper		Capital		FNR		Disc FNR, BTax
Lease Name	Cat	Oil Mbbl		Gas MMcf		Oil Mbbl		Gas MMcf		Rev M$		Tax M$		Exp M$		Costs M$		BTax M$		@ 10%, M$
Grand Total	Total		3,361.60		8,260.72		8,260.72		1,416.49		98,951.87		11,137.95		27,585.82		4,714.04		55,514.05		30,675.32
Producing Rsv Category	Total		2,290.51		4,873.36		784.40		1,002.90		74,428.11		8,253.51		24,488.63		0.00		41,685.97		23,905.18
Apache Bromide Sand Unit	PDP		857.31		944.43		165.548		182.37		15,760.31		1,857.35		6,940.95		0.00		6,962.01		4,466.04
Arrowhead #1	PDP		15.98		0.00		9.569		0.00		848.27		60.23		416.42		0.00		371.63		278.95
Buchanan L Lease	PDP		32.16		128.08		3.267		5.86		299.70		21.70		148.74		0.00		129.26		77.23
Buchanan M #1	PDP		17.01		73.31		1.729		4.02		161.49		11.76		68.98		0.00		80.74		52.96
Buchanan P #1	PDP		12.13		54.88		1.233		2.90		114.75		8.35		54.85		0.00		51.54		38.51
Carleston #1	PDP		1.60		0.00		0.908		0.00		81.71		5.80		55.38		0.00		20.53		16.97
Carleston #3	PDP		0.95		4.92		0.582		3.01		64.60		4.94		48.41		0.00		11.25		10.02
Chmelar, Eugene A #1 L	PDP		0.00		4.82		0.000		3.70		8.11		0.81		6.70		0.00		0.61		0.54
Clemmons Sunburst Federal #1	PDP		46.67		0.00		13.741		0.00		1,217.18		147.16		408.37		0.00		661.66		324.87

All Estimates Herein are Part of the PGH Petroleum & Environmental Engineers, L.L.C. Report and are Subject to its Conditions.

	Rsv	Gross Rem Resv		Net Rem Resv		Net	Sev + Adv	Oper	Capital	FNR	Disc FNR, BTax
Lease Name	Cat	Oil Mbbl	Gas MMcf	Oil Mbbl	Gas MMcf	Rev M$	Tax M$	Exp M$	Costs M$	BTax M$	@ 10%, M$
Cronos Fee #1	PDP	0.00	0.00	0.000	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cushman #1	PDP	0.00	12.99	0.000	1.19	7.01	0.25	6.15	0.00	0.61	0.57
Cushman #2	PDP	6.45	1,356.13	0.591	114.41	369.69	30.94	159.12	0.00	179.63	96.09
East Lusk 1 Fed #1Y	PDP	177.11	212.53	64.258	51.66	6,134.74	756.27	948.09	0.00	4,430.38	2,838.74
East Lusk 1 Fed #2H	PDP	263.21	394.81	95.496	95.97	9,381.31	1,161.29	1,082.50	0.00	7,137.52	4,959.38
Elkhorn #14	PDP	9.21	0.00	8.063	0.00	674.80	88.13	178.04	0.00	408.64	247.35
Elkhorn A #15	PDP	17.21	0.00	14.199	0.00	1,188.30	155.19	525.07	0.00	508.03	256.37
Fields 4-1	PDP	0.00	147.43	0.000	5.53	15.23	1.08	2.25	0.00	11.90	4.71
Fischer #2	PDP	0.00	0.00	0.000	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Hermes Fee #1	PDP	0.00	0.00	0.000	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Hern #1	PDP	0.00	0.00	0.000	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Jennings Federal #1	PDP	134.06	0.00	97.192	0.00	8,472.20	1,024.29	1,928.51	0.00	5,519.40	2,297.23
Kasper #1	PDP	0.00	0.00	0.000	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Kinney St #38	PDP	85.57	0.00	74.871	0.00	6,265.97	818.34	1,300.20	0.00	4,147.43	1,464.57
Kinney St #38	PDP	11.14	0.00	9.749	0.00	815.92	106.56	164.28	0.00	545.08	308.97
Korczak Fed. #1	PDP	113.71	173.63	12.508	19.10	1,229.97	150.29	147.66	0.00	932.03	552.67
Lorenz #1	PDP	0.48	0.00	0.362	0.00	34.32	2.44	24.51	0.00	7.37	5.52
Lorenz #3	PDP	0.00	0.00	0.000	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Lorenz #4	PDP	0.54	1.62	0.101	0.30	11.58	0.88	3.76	0.00	6.94	5.69
Marquis #3	PDP	1.07	0.00	0.167	0.00	15.81	1.12	5.49	0.00	9.20	6.19
Marquis #4	PDP	0.00	0.00	0.000	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Marquis #6	PDP	0.00	0.00	0.000	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Marquis #7	PDP	0.00	0.00	0.000	0.00	0.00	0.00	0.00	0.00	0.00	0.00
McClintic A #1	PDP	0.00	0.00	0.000	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Menzel #1	PDP	6.33	0.00	3.690	0.00	332.63	23.62	166.92	0.00	142.10	91.38
Mercury Fee #1	PDP	0.00	0.00	0.000	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Mersiovsky #2	PDP	0.95	0.00	0.712	0.00	64.32	4.57	44.66	0.00	15.09	11.08
Merslovsky #1	PDP	0.92	0.00	0.601	0.00	54.29	3.85	38.90	0.00	11.53	8.66
Moerbe #2	PDP	0.47	3.77	0.261	2.09	34.60	2.78	24.44	0.00	7.38	6.55
Moerbe #3	PDP	0.11	2.55	0.078	1.88	20.64	1.85	12.74	0.00	6.05	5.18
Moerbe #5	PDP	0.00	0.00	0.000	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Nitsche #1	PDP	4.08	9.56	3.063	7.17	332.76	25.25	219.62	0.00	87.89	61.56
North Bilbrey 7 Federal #1	PDP	0.00	1,186.27	0.000	405.32	1,773.57	245.23	398.93	0.00	1,129.41	489.12
North Block 12 Unit	PDP	106.98	0.00	89.501	0.00	7,833.12	556.15	3,762.63	0.00	3,514.34	1,977.48
Peters #2	PDP	0.00	0.00	0.000	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Peters #5	PDP	0.69	4.59	0.395	2.62	56.87	4.65	44.77	0.00	7.45	6.39

All Estimates Herein are Part of the PGH Petroleum & Environmental Engineers, L.L.C. Report and are Subject to its Conditions.

		Gross Rem Resv		Net Rem Resv		Net	Sev + Adv	Oper	Capital	FNR	Disc FNR, BTax
Lease Name	Cat	Oil Mbbl	Gas MMcf	Oil Mbbl	Gas MMcf	Rev M$	Tax M$	Exp M$	Costs M$	BTax M$	@ 10%, M$
Peters #6	PDP	2.89	9.22	2.171	6.92	253.66	19.68	100.44	0.00	133.54	78.93
Peters #7	PDP	6.27	10.25	3.343	5.47	348.20	26.06	171.23	0.00	150.90	88.67
Peters #8	PDP	1.25	3.48	0.939	2.61	97.57	7.30	58.76	0.00	31.51	27.25
Peters #9	PDP	0.00	0.00	0.000	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Quinoco Sulimar #1	PDP	49.16	0.00	42.029	0.00	3,746.85	452.99	1,103.38	0.00	2,190.48	1,129.97
Rush Springs Medrano Unit	PDP	282.08	23.89	45.669	3.87	4,300.74	305.14	2,379.22	0.00	1,616.38	1,217.82
Shade Lease	PDP	13.24	72.82	10.175	55.24	1,254.05	99.68	884.53	0.00	269.85	210.71
Shearn Federal #3	PDP	0.46	0.00	0.378	0.00	32.74	3.96	25.30	0.00	3.47	3.39
Spretz #1	PDP	0.00	0.00	0.000	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Spretz #2	PDP	0.00	0.00	0.000	0.00	0.00	0.00	0.00	0.00	0.00	0.00
State Of Texas Z	PDP	3.20	0.00	2.804	0.00	249.00	17.68	210.06	0.00	21.26	20.00
Stauss #1	PDP	0.00	0.00	0.000	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Steinbach, Noble #1	PDP	1.10	7.37	0.505	3.39	49.30	3.61	35.16	0.00	10.54	8.89
Steinbach, Noble #2	PDP	0.00	0.00	0.000	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Stuessy #1	PDP	0.00	0.00	0.000	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Stuessy #2	PDP	0.00	0.00	0.000	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Stuessy #3	PDP	0.00	0.00	0.000	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Stuessy #4	PDP	0.00	0.00	0.000	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Stuessy #5	PDP	0.00	0.00	0.000	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Stuessy #6	PDP	0.00	0.00	0.000	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Stuessy #7	PDP	0.00	0.00	0.000	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Sunburst Spence Federal #2	PDP	1.72	12.38	0.506	3.65	55.94	6.89	41.40	0.00	7.66	6.89
Urban #1	PDP	0.00	0.00	0.000	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Urban #2	PDP	4.21	16.69	3.158	12.52	337.46	25.49	119.36	0.00	192.61	142.11
Urban #3	PDP	0.00	0.00	0.000	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Vahrenkamp #1	PDP	0.35	0.89	0.051	0.13	5.18	0.38	3.60	0.00	1.21	1.11
Wachsmann #1	PDP	0.44	0.00	0.232	0.00	21.00	1.49	17.57	0.00	1.94	1.89
Weise #1	PDP	0.01	0.03	0.007	0.02	0.67	0.05	0.60	0.00	0.02	0.02
Behind Pipe Rsv Category	Total	204.57	1,751.00	22.50	114.33	2,413.75	296.88	210.42	62.04	1,844.40	984.10
Korczak Fed. #1	PBP	204.57	274.54	22.503	30.20	2,181.38	266.23	164.46	17.04	1,733.65	895.74
Mercury Fee #1	PBP	0.00	1,476.46	0.000	84.13	232.36	30.65	45.96	45.00	110.75	88.35
Undeveloped Rsv Category	Total	866.52	1,636.36	227.34	299.25	22,110.01	2,587.56	2,886.77	4,652.00	11,983.67	5,786.04
Buchanan L PUD #1	PUD	68.54	203.56	6.964	20.68	659.32	48.31	156.51	150.00	304.50	90.27
Buchanan M PUD #1	PUD	68.57	203.65	6.967	20.69	662.11	48.52	156.76	150.00	306.82	86.04
Buchanan M PUD #2	PUD	68.57	203.65	6.967	20.69	662.11	48.52	156.79	150.00	306.80	80.52

All Estimates Herein are Part of the PGH Petroleum & Environmental Engineers, L.L.C. Report and are Subject to its Conditions.

		Gross Rem Resv		Net Rem Resv		Net	Sev + Adv	Oper	Capital	FNR	Disc FNR, BTax
Lease Name	Cat	Oil Mbbl	Gas MMcf	Oil Mbbl	Gas MMcf	Rev M$	Tax M$	Exp M$	Costs M$	BTax M$	@ 10%, M$
East Lusk 1 Fed #3H - PUD	PUD	313.33	469.99	113.678	114.25	11,167.52	1,382.40	1,093.92	2,625.00	6,066.20	3,444.06
Flying M South (Abo) PUD #1	PUD	217.16	362.66	63.933	106.77	6,348.89	770.81	347.15	1,099.00	4,131.93	1,886.20
McClintic A PUD #1	PUD	103.52	186.33	5.890	10.60	549.54	39.70	140.05	78.00	291.79	61.80
Quinoco Sulimar PUD #1	PUD	26.83	6.52	22.941	5.57	2,060.52	249.29	835.60	400.00	575.63	137.15

All Estimates Herein are Part of the PGH Petroleum & Environmental Engineers, L.L.C. Report and are Subject to its Conditions.