O'KEEFE Drilling

by Grant Hartford Corp
November 20th, 2008

O'KEEFE DRILLING

P.O. Box 3810
Butte, Mt 59702
Office: (406) 494-3310
Fax: (406) 494-3301
[email protected]

6-Mar-08

Grant Hartford Corporation
619 S.W. Higgins Suite O
Missoula, MT 59803

Attention:

Aaron Charlton

 

 

Subject:

Drill bid for RC Drilling near Garnet, MT.
Core Drilling, approximately 20 holes with less than 5 acres disturbed

 

HAMMER DRILLING RATE

0' to 400'

Vertical

 

$

11.00

Per foot

 

400' to 800'

Vertical

 

$

14.00

Per foot

 

 

 

 

 

 

 

 

0' to 800'

Angle

 

$

12.00

Per foot

 

800' to 1200'

Angle

 

$

15.00

Per foot

 

 

 

 

 

 

 

TRICONE DRILLING & CENTER RETURN HAMMER DRILLING

 

$

375.00

Per Hour
Plus Bits

 

Drilling reverts to Trione Rate:
When extreme drilling conditions are encountered (severe clay causing plugging, excessive water, poor returns), at Mining 'request for a better sample, or when
the drilling rate falls below 250' for a full day.

 

 

 

 

 

 

 

 

 

 

MOBILIZATION/DEMOBILIZATION-from Butte & Back

 

$

2,000.00

TOTAL

5 1/2" Hammer Bits

 

 

 

$

605.00

PER BIT

5 1/8" Tricone Button bits

 

 

 

$

1,337.50

PER BIT

Moving between holes

First one-half hour

 

 

 

No Charge

 

 

After one-half hour

 

 

$

195.00

per hour

Standby

 

 

 

$

195.00

per hour

Hauling Water

 

 

 

$

195.00

per hour

Setting Casing Past The First 15 Feet

 

 

$

375.00

per hour

Casing or Other Materials used to Advance Hole

 

 

 

 

At Cost

 

Lost Steel

 

 

 

At Cost

 

Per Diem    (three man crew)

 

 

 

$

85.00

Per Day
Per Man

Booster, if needed

 

 

 

$

450.00

per day

 

 

 

or

$

5,500.00

per month

This bid is valid through 3/31/08

 

Thank You,
Robert E. Chamberlin, Drill Superintendent