Purchase Price(i):

Shares of Pyramid common stock held by Pyramid stockholders

4,788,085

Pyramid common stock price (September 10, 2014 closing)

$ 4.70

Fair value of Pyramid common stock issued

$ 22,504,000

Consideration to be paid to Pyramid’s stockholders

-

Issuance of 100,000 shares to Pyramid affiliated persons at $5.01 per share

(September 11, 2014 closing)

501,000

Fair value of Pyramid options assumed by Yuma(iv)

100,500

Total purchase price

$ 23,105,500

Estimated Fair Value of Liabilities Assumed:

Current liabilities

$ 633,917

Long-term deferred tax liability(ii)

4,879,724

Other non-current liabilities (asset retirement obligation)

1,334,278

Amount attributable to liabilities assumed

6,847,9191

Total purchase price plus liabilities assumed

29,953,419

Estimated Fair Value of Assets Acquired:

Current assets

9,066,589

Natural gas and oil properties(iii)

10,726,715

Net other operating property and equipment

4,158,420

Other non-current assets

261,380

Amount attributable to assets acquired

24,213,104

Goodwill(i)

$ 5,740,315