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1 3 1 4 1 5 1 6 1 7 1 8 1 9 20 21 22 2 3 2 4 2 5 2 6 ' 2 7 2 8 2 9 3 0 3 1 3 2 I t i s agreed th at the Owner s h a ll pay the C ontractor fo r perform ing h is p a rt o f the fo re go in g contract the fo llo w in g price: #16.10 p e r fo o t f o r each fo o t o f w e ll d r i l l e d and ;ased. The above p ric e does not in clude 20n conductor pipe irhich i s to be p aid f o r by the Owner at the ra te o f #4 . 9 6 p e r fo o t md in s t a lle d by the C ontractor. Should the Owner d e s ire the C ontractor to t e s t and Levelop the w e ll, i t i s agreed th at the C ontractor w i l l fu rn ish nd i n s t a l l pump, and engine to p ro p e l same, w ith a capacity o f .,500 g a llo n s p er minute w ith over a l l len gth o f 200 f e e t , and un same f o r a p erio d o f twenty fo u r hours f o r the sum o f #900.00. hould the Owner d e s ire to te s t beyond t h is p erio d he s h a ll pay he Contractor #9*00 p e r hour f o r eaeh hour beyond the twenty fo u r our p e rio d . The Owner agrees to make payment in f u l l to the on tractor upon completion o f w e ll. The C ontractor agrees to prosecute the work under h is contract d ilig e n t ly and in good and workmanlike manner and arth er agrees th at when w e ll i s completed i t s h a ll be s t ra ig h t aough f o r the p r a c t ic a l in s t a lla t io n and operation o f a deep w e ll irb in e Pump. In W itness Whereof, the p a r t ie s hereto have executed agreement in d u p lica te the day and year f i r s t above w ritte n . LAS VEGAS LAND & WATER COMPANY By____________________________________ BARBER BRIDGE DRILLING CORPORATION, LTD. By______________________________________ -3-