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Wexpro II Property Approval

Wexpro buys oil and gas property. Is property within development drilling area?. No. Wexpro II Property Approval. Questar Gas may apply to Utah & Wyoming to include property in the Wexpro II agreement. Yes. Does QGC apply to Utah and Wyoming to include property in

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Wexpro II Property Approval

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  1. Wexpro buys oil and gas property Is property within development drilling area? No Wexpro II Property Approval Questar Gas may apply to Utah & Wyoming to include property in the Wexpro II agreement. Yes Does QGC apply to Utah and Wyoming to include property in Wexpro II? Yes Questar Gas shall apply to Utah & Wyoming to include property in Wexpro II agreement. No Acquisition cost of property earn the UT allowed ROR (currently 8.41%). Direct costs are assigned to Property. OH cost assigned using Distrigas allocation factor. Property becomes normal E&P property that Wexpro manages outside of Wexpro I & II. Direct costs are assigned to the property OH costs assigned using the Distrigas allocation Factor. Is property approved by both PSCs to be a Wexpro II property? No Yes Questar Gas Company Wexpro II Agreement Exhibit F Page 1 of 2 Wexpro drills new well on Wexpro II property (Developmental Well).

  2. Wexpro II Well Determination Wexpro drills new well on Wexpro II property (Developmental Well) Dry Well Results 100% Wexpro Productive No Commercial Well 100% Wexpro Hydrocarbon Monitor Yes Oil Sharing @ Base Rate Plus 5% Cost-of- Service @ Base Rate plus 8% Oil Type of Well Gas Sharing Calculation Questar Gas Company Wexpro II Agreement Exhibit F Page 2 of 2 Pass through Accounting Monitor Accounting Monitor 54% Questar Gas Pass Through 46% Wexpro

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