Primary

Separator

155 psi

Sales Line

150 psi

Sales Line

150 psi

Well Opens, Plunger rises

When the well opens up, initial gas volume and pressure will bypass the

compressor and go into the gathering system. As pressure declines, the

compressor will assume control and pull the static line pressure down

that the well is working against to raise the plunger.

Initial Flow bypasses

the compressor

160 psig

Control

valve

set to

open

below

50 psig

Primary

Separator

40 psi

Sales Line

150 psi

Sales Line

150 psi

After Flow Period

As the WH pressure declines the PLC will sense

and the compressor will turn on helping the

plunger reach the surface. After plunger arrival an

“after flow” period begins and the compressor

continues to pull the wellhead pressure down.

35 psi

As well pressure declines,

compressor takes over and

pulls well down to near

suction pressure

45 psig

155 psi

Primary

Separator

30 psi

Sales Line

150 psi

Sales Line

150 psi

Well closes, Plunger falls

After the plunger falls and the WH valve shuts, the FX

compressor will go into recycle mode until the next plunger

cycle on the PAD

In the event of a well or PAD SI, the compressor will sense

loss of suction pressure over extended period and shut

itself down.

5 psig

Primary

Separator

30 psi

Sales Line

150 psi

Sales Line

150 psi

Advantages

The cycle is repeated and provides:

• Less differential pressure needed between Csg and Tbg to

cycle plunger

• Thereby reducing backpressure on formation allowing more

fluid entry

• More plunger cycles per day are achieved

• Increased production of Oil and Gas

Well SI to build

pressure

Increased Frequency of Plunger Cycles over 2 Hour Period for a Niobrara well

1111

2222

3333 44 55

CP480CP480

CP300CP300TP300TP300

TP230TP230Static130

Static80

– Logix PLC uses algorithm to respond to plunger control box signals

– Using well’s flowing pressure to determine when to utilize or bypass compression

– Higher frequency of plunger cycles by reducing differential pressure needed between Tbg and Csg

– Compressor lowers upstream static pressure and holds it constant to allow stable plunger velocity

– Compressor will alarm and shutdown upon well or sales line shut-in condition

� Compressor stays in auto mode and pulls down sales line pressure as wells cycle their plungers.

� Between plungers the FX compressor goes into recycle.

� It will shut down if suction pressure falls below set point.

� Allows one compressor to control multiple wells on PADs

- Picture of Flogistix compressor doing Multistream plunger assist in DJ Basin

� Niobrara formation well in Weld Co., CO

� Plunger assist WH compression installed

� $433,000 PV10 added

� 161 MBO oil and 1.3 BCF gas reserves added

Plunger Assist Compressor Installed

$45 oil/$3.40 gas assumed. 100%/80% WI/NRI.

� Niobrara formation well in Weld Co., CO

� Plunger assist WH compression installed

� $414,000 PV10 added

� 155 MBO oil and 1.6 BCF gas reserves added

Plunger Assist Compressor Installed

$45 oil/$3 gas assumed. 100%/80% WI/NRI.

Douglass formation well in Hemphill Co. TX

� Well struggling on plunger against line pressure

� $283K PV10 From Aug 2015 forward with strip pricing at $2.75/mcf and $4,300 LOE/month

� Assumed 100% WI, 80% NRI

Plunger Assist Compressor InstalledPlunger Assist Compressor Installed

Example Well Occurrence – Buffalo Wallow Field

Production Avg. 190 MCFD & 6 Bbl condensate

� Compressor down 3 days in Jan. 2016

3 Days of Lost Production Cost:

3*190*$2 + 3*$35*6 = $1,770

� Well was loaded for another week

3 Days of loaded production cost:

3*190*$2 +3*$35*6 = $1,770

� Pumper hours burdened to handle well

3 Hours 1st day, 1Hr on 2nd & 3rd day,

3Hr kicking well off on 4th day

Fully Burdened hour = $100

Pumper cost of 8Hrs * $100 = $800

Total Downtime Cost $4,340

100% Runtime

Well Name $/mcf Cost PV10 Remaining Gas Reserves, MMcf

Haney 3 well PAD 0.59 $199,857 330.4

Haney 2 well PAD 0.74 $86,676 200.6

Totals $286,533 531.0

Well Name $/mcf Cost PV10 Remaining Gas Reserves, MMcf

Haney 3 well PAD 0.69 $113,295 255.8

Haney 2 well PAD 0.90 $16,947 142.8

Totals $130,242 398.6

95% Runtime

Well Name $/mcf Cost PV10 Remaining Gas Reserves, MMcf

Haney 3 well PAD 0.83 $27,375 180.5

Haney 2 well PAD 1.14 -$52,329 84.1

Totals -$24,954 264.6

90% Runtime

Complete Transparency through

Telemetry on every unit

� � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � �

� � � � � �

� � � � � � � � � � � � � � � � � � � � � � � � � � � � � � �

� � � � � � � � � � � � � � � �

� ! � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � �

� � � � � � � � � � � � � � � �

� # � � � � � � � � � � � � � � � " � � � � � � � � �

� � � � � � � � � � ! � $ �

� ' � % � � � & � � � � � � � � � � � � � � � � ( � � � � � � � � �

� � � � � � � � � � " � � � � � � � � � � � � � � � � � � � � � "

� � �

Note: FLUX is included with cost of rental unit

30 Day Mechanical Availability

FLOGISTIX

� Compressor package w/ Logix PLC advanced control (Included)

� FLUX Automation

� Regularly scheduled Maintenance (Included in monthly rental charge)

� Service Call (Included in monthly rental charge)

� Optimization of unit (One time optimization charge)

� Engine Oil (Included in monthly rental charge)

� Compressor Oil (Included in monthly rental charge)

� 98% runtime guaranteed (Audit by FLUX)

COMPETITOR

� Skid package w/ Murphy control panel (Included)

� On/Off surveillance only

� Maintenance call (Charge per event)

� Service call (Charge per event)

� Optimization of unit (Charge per event)

� Engine Oil (Charge on use)

� Compressor Oil (Charge on use)

� 95 - 98% runtime guaranteed (Take their word for it)

� #1 in transparent WH Compression runtime

� Only WH compression package with LOGIX PLC that allows for pinpoint wellhead optimization

� Only WH Compressor company with FLUX telemetry that enables customer surveillance at no additional cost

� Multi-StreamTM capability with LOGIX PLC that allows one machine to manage multiple services; Vapor Recovery, Plunger Assist, Csg Drawdown, WH compression

� Highly Motivated customer service to ensure operator is fully satisfied

� Design Engineering team that optimizes standard units to fit most needs

� In-house Petroleum Engineering team to identify proper application