shear bits enters new chapter with mainhole pexus hybrid bits

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CUTTING EDGE PERFORMANCE 216mmPEXUS™ Hybrid Build Performance Field Bit Bit Manufacturer Bit Type IADC Serial No Contractor Rig Drill Hrs ROP G OTH RP Run Size Number In Out (m) I O D L 1 2 3 RESTHAVEN 6 216 SHEAR SDP3313D PDC TJ5790 FOX DRILLIN 1 3253 3547 294 60.8 4.84 1 4 WT S X X X IN CT TD KAKWA 5 222 STC Z613 PDC JK4244 FOX DRILLIN3 3222 3478 256 46.5 5.5 3 7 WT S X X X 1 BT PR SMOKY 4 222 HTC KM525 7039145 JOMAX 3E 3185 3425 240 82.3 2.9 2 4 BT S F F F 5 WT TD SMOKEY 8 222 HTC KM24X 7038823 FOX DRILLIN1 3378 3542 164 28 5.9 KAKWA 6 222 STC MDZI613L PDC JJ6915 FOX DRILLIN3 3478 3544 66 12.5 5.3 8 8 RO A X X X 1 RO PR SMOKEY 7 222 STC FHI35 547 RD2717 FOX DRILLIN1 3317 3378 61 17.5 3.5 1 1 WT A E E E 0 ER FM SMOKEY 5 222 HTC KM24X 7039892 FOX DRILLIN1 3251 3292 41 12.8 3.2 4 4 BT S E E E 5 HC PR SMOKEY 6 222 HTC KM24X 7042789 FOX DRILLIN1 3292 3317 25 7.5 3.3 3 5 BT S E E E 5 HC PR Depth Cutting Structure Bearing

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CUTTING EDGE PERFORMANCE2

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Field Bit Bit Manufacturer Bit Type IADC Serial No Contractor Rig Drill Hrs ROP G OTH RPRun Size Number In Out (m) I O D L 1 2 3

RESTHAVEN 6 216 SHEAR SDP3313D PDC TJ5790 FOX DRILLIN1 3253 3547 294 60.8 4.84 1 4 WT S X X X IN CT TDKAKWA 5 222 STC Z613 PDC JK4244 FOX DRILLIN3 3222 3478 256 46.5 5.5 3 7 WT S X X X 1 BT PRSMOKY 4 222 HTC KM525 7039145 JOMAX 3E 3185 3425 240 82.3 2.9 2 4 BT S F F F 5 WT TDSMOKEY 8 222 HTC KM24X 7038823 FOX DRILLIN1 3378 3542 164 28 5.9KAKWA 6 222 STC MDZI613L PDC JJ6915 FOX DRILLIN3 3478 3544 66 12.5 5.3 8 8 RO A X X X 1 RO PRSMOKEY 7 222 STC FHI35 547 RD2717 FOX DRILLIN1 3317 3378 61 17.5 3.5 1 1 WT A E E E 0 ER FMSMOKEY 5 222 HTC KM24X 7039892 FOX DRILLIN1 3251 3292 41 12.8 3.2 4 4 BT S E E E 5 HC PRSMOKEY 6 222 HTC KM24X 7042789 FOX DRILLIN1 3292 3317 25 7.5 3.3 3 5 BT S E E E 5 HC PR

Depth Cutting Structure Bearing

CUTTING EDGE PERFORMANCE2

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The SDP3313D steered very smoothly, the tool face control was consistent and predictable throughout the build interval. The SDP3313D would also drill as fast as 10 m/hr while sliding and would react well to WOB changes.

CUTTING EDGE PERFORMANCE2

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While rotating the SDP3313D had a smooth torque response and would drill as fast as 20m/hr. The bit limited differential spikes and reacted predictably to formation changes.

DD Notes & Comments2

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ce Total meters drilled: 294m

Motor: 6.5” 7/8 5.7 stage, 2.12* adjustable, 0.060 rev/L

Total Slide: 130m

Total rotated: 164m

Total Circulation hrs: 97.3

Total Bit hrs: 60.8

Flow Rate: 1.3-1.5 m3/min

Wob rotating: 8 - 17

Wob sliding: 12 - 21

Jets: 10.3 x 6

Tvd start of run: 3144.09 tvd : Wilrich shale formation 12-15KSi

Tvd end of run: 3247.4 tvd : GethingX quarzitic sandstone formation 20-26KSi

“I felt the bit performed very well. Very good tool face control. We got good build rates and decent rop. Its tough to determine true rop with the drag from the well profile and pump

pressure limitations”