Dept. of Trans.             PROGRESS              Serial No.    Contract No.
                                                  24-220-15-37  04-1X2804
                    PROGRESS PAYMENT VOUCHER      %complete:    %time:
                                                     9%           49%

Location:                                         Federal Project:
04-ALA-84-11.2/15.5                               NONE

Progress payment No. 001                     Payment period ending: 08-07-24
PACIFIC COAST DRILLING CO INC
364 BELLEVUE AVE
SANTA ROSA CA 954077711

Escrow No. 00000
                                           Total Estimate      This Estimate
 1. Contract Itms Without Mobil.
 2. a. Extra Work                              510,394.69         510,394.69
    b. Adustment Comp.
 3. Materials on Hand
 4. Earned Subject to Retention                510,394.69         510,394.69
 5. Mobilization
 6. Total Work Completed        510,394.69
 7. Deductions
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor                    510,394.69         510,394.69
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                       510,394.69