Case Document 1011 Filed in TXSB on 06/30/17 Page 1 of 20

Transcription

1 Case Document 1011 Filed in TXSB on 06/30/17 Page 1 of 20 IN THE UNITED STATES BANKRUPTCY COURT FOR THE SOUTHERN DISTRICT OF TEXAS HOUSTON DIVISION In re: VANGUARD NATURAL RESOURCES, LLC, et al., Debtors. 1 Chapter 11 Case No (MI) Jointly Administered Objection Deadline: July 21, 2017 Hearing Date: July 28, 2017 at 9:30 a.m. (CT) FIRST INTERIM FEE APPLICATION FOR COMPENSATION AND REIMBURSEMENT OF EXPENSES OF OPPORTUNE LLP, AS RESTRUCTURING ADVISORS TO THE DEBTORS AND DEBTORS-IN-POSSESSION, FOR THE PERIOD FROM FEBRUARY 1, 2017 THROUGH APRIL 30, 2017 A HEARING WILL BE CONDUCTED ON THIS MATTER ON JULY 28, 2017, AT 9:30 A.M., PREVAILING CENTRAL TIME, IN COURTROOM 404, 515 RUSK STREET, HOUSTON, TEXAS IF YOU OBJECT TO THE RELIEF REQUESTED, YOU MUST RESPOND IN WRITING, SPECIFICALLY ANSWERING EACH PARAGRAPH OF THIS PLEADING. UNLESS OTHERWISE DIRECTED BY THE COURT, YOU MUST FILE YOUR RESPONSE WITH THE CLERK OF THE BANKRUPTCY COURT WITHIN 21 DAYS FROM THE DATE YOU WERE SERVED WITH THIS PLEADING. YOU MUST SERVE A COPY OF YOUR RESPONSE ON THE PERSON WHO SENT YOU THE NOTICE; OTHERWISE, THE COURT MAY TREAT THE PLEADING AS UNOPPOSED AND GRANT THE RELIEF REQUESTED. REPRESENTED PARTIES SHOULD ACT THROUGH THEIR ATTORNEY. 1 The Debtors in these chapter 11 cases, along with the last four digits of each Debtor s federal tax identification number, are: Vanguard Natural Resources, LLC (1161); Eagle Rock Acquisition Partnership, L.P. (6706); Eagle Rock Acquisition Partnership II, L.P. (0903); Eagle Rock Energy Acquisition Co., Inc. (4564); Eagle Rock Energy Acquisition Co. II, Inc. (3364); Eagle Rock Upstream Development Company, Inc. (0113); Eagle Rock Upstream Development Company II, Inc. (7453); Encore Clear Fork Pipeline LLC (2032); Escambia Asset Co. LLC (3869); Escambia Operating Co. LLC (2000); Vanguard Natural Gas, LLC (1004); Vanguard Operating, LLC (9331); VNR Finance Corp. (1494); and VNR Holdings, LLC (6371). The location of the Debtors service address is: 5847 San Felipe, Suite 3000, Houston, Texas

2 Case Document 1011 Filed in TXSB on 06/30/17 Page 2 of 20 Name of applicant: Name of client: Applicant s role in case Indicate whether this is an interim or a final application: Opportune LLP Vanguard Natural Resources, LLC, et al. Restructuring Advisor to the debtors and debtors in possession Interim Effective date of order approving professional s retention: March 1, 2017 nunc pro tunc February 1, 2017 [Docket No. 282] Petition date: February 1, 2017 Time period covered by this Application: Time period covered by prior applications: Total amounts awarded in all prior applications: February 1, 2017 through and including April 30, 2017 N/A N/A Amount of retainer received in case: $68, Total fees applied for in this Application and in all prior applications (including any retainer amounts applied or to be applied): $1,848, Total fees applied for in this Application: $1,848, Total professional fees requested in this Application: $1,848, Total professional hours covered by this Application: 3, Average hourly rate for professionals: $ Total paraprofessional fees requested in this Application: Total paraprofessional hours covered by this Application: Average hourly rate for paraprofessionals: N/A N/A N/A Reimbursable expenses sought in this Application: $63, Total allowed expenses to date: N/A Blended rate in this Application for all timekeepers: $ Compensation sought in this Application already paid pursuant to monthly compensation order but not yet allowed: Expenses sought in this Application already paid pursuant to a monthly compensation order but not yet allowed: Number of professionals included in this Application: 20 If applicable, number of professionals in this Application not included in staffing plan approved by client: $1,079, $43, N/A 2

3 Case Document 1011 Filed in TXSB on 06/30/17 Page 3 of 20 Number of professionals billing fewer than 15 hours to the case during this period: Total of payments made to administrative claimants (other than applicant): Are any rates higher than those approved or disclosed at retention? If yes, calculate and disclose the total compensation sought in this application using the rates originally disclosed in the retention application: If a plan has been proposed, total to be paid to unsecured creditors under the plan: If a plan has been proposed, percentage dividend to unsecured creditors under the plan: Date of confirmation hearing: July 18, 2017 Indicate whether plan has been confirmed: No 6 See monthly operating reports No The amount of any creditor s ultimate recovery is unknown as of the date hereof. The amount of any creditor s ultimate recovery is unknown as of the date hereof. 3

4 Case Document 1011 Filed in TXSB on 06/30/17 Page 4 of 20 PLEASE TAKE NOTICE that, pursuant to the Court s (i) Order Establishing Procedures for Interim Compensation and Expense Reimbursement of Professionals, dated March 1, 2017 [Docket No. 280] (the Interim Compensation Order ), Opportune hereby files this Notice of First Interim Fee Application Request of Opportune LLP (the Interim Fee Application ) with the United States Bankruptcy Court for the Southern District of Texas (the Bankruptcy Court ). PLEASE TAKE FURTHER NOTICE that, pursuant to the Interim Compensation Order, objections, if any, to this Interim Fee Application must be filed with the Court and served on the Applicant at the address set forth below and the Application Recipients (as defined in the Interim Compensation Order) so as to be received by July 21, PLEASE TAKE FURTHER NOTICE that a hearing to consider this Interim Fee Application, if required, will be held before the Honorable Marvin Isgur at the United States Bankruptcy Court for the Southern District of Texas in Courtroom 404, 515 Rusk Street, Houston, Texas on July 28, 2017 at 9:30 a.m. (CT). IF NO TIMELY OBJECTIONS ARE FILED TO THIS INTERIM FEE APPLICATION, THE BANKRUPTCY COURT, IN ACCORDANCE WITH THE TERMS OF THE INTERIM COMPENSATION ORDER, MAY ENTER AN ORDER GRANTING THIS INTERIM FEE APPLICATION WITHOUT A HEARING. 4

5 Case Document 1011 Filed in TXSB on 06/30/17 Page 5 of 20 PRIOR MONTHLY FEE STATEMENTS SUBMITTED: Fee Statement Period, Submission Date February 2017 Monthly Fee Statement 2/1/17-2/28/17 Submitted: 4/25/17 March 2017 Monthly Fee Statement 3/1/17-3/31/17 Submitted: 5/11/17 April 2017 Monthly Fee Statement 4/1/17-4/30/17 Submitted: 6/9/17 Total Fees Requested Total Expenses Requested Amount of Fees Authorized to be Paid Amount of Expenses Authorized to be Paid 594, , , , , , , , , , , , Status No Objections Filed. Fees 80% Expenses 100% No Objections Filed. Fees 80% Expenses 100% No Objections Filed. 5

6 Case Document 1011 Filed in TXSB on 06/30/17 Page 6 of 20 COMPENSATION SUMMARY BY PROFESSIONAL Summary of Time Detail by Professional Hourly Total Hours Total Professional Position Billing Rate Billed Compensation David Baggett Partner $ $ 8, Josh Sherman Partner Scott Anchin Managing Director , Amy Stutzman Managing Director , Allen Barron Managing Director , Paul Legoudes Managing Director , Kevin Cannon Director , Stephen Patton Director Dennis Rohan Director Glenn Sniezek Director , Shannon Hofner Manager , Nathan Kucharski Manager , Samir Saleem Manager , Lindsey Cude Senior Consultant , Tatiana Restrepo Senior Consultant , Chad Bourne Consultant , Trey Brasseaux Consultant , Virginia Giroir Consultant , Alan Huynh Consultant , Eason Qiu Consultant , Total, All Professionals 3,432.4 $ 1,848, Blended Hourly Rate $ Average Hourly Rate $

7 Case Document 1011 Filed in TXSB on 06/30/17 Page 7 of 20 COMPENSATION BY PROJECT CATEGORY Summary of Time Detail by Activity Project Category Total Hours Billed Total Compensation Accounting 33.3 $ 18, Case Management & Administration 26.8 $ 14, Bankruptcy Support $ 334, Business Operations 94.3 $ 49, Business Plan 86.4 $ 53, Cash Management & Collateral $ 348, Claims Administration & Objections $ 86, Creditor $ 172, Contracts & Leases 12.9 $ 8, Court 17.1 $ 12, Employee Matters 1.8 $ Liquidation $ 325, Monthly Operating Report $ 68, Plan & Disclosure Statement 90.3 $ 59, Statements & Schedules $ 216, Travel $ 79, Total 3,432.4 $ 1,848,

8 Case Document 1011 Filed in TXSB on 06/30/17 Page 8 of 20 EXPENSE SUMMARY Summary of Expense Detail by Category Expense Category Service Providers Total Expenses Lodging Various $ 24, Transportation Various $ 33, Meals Various $ 4, Miscellaneous Various $ 1, Total $ 63,

9 Case Document 1011 Filed in TXSB on 06/30/17 Page 9 of 20 IN THE UNITED STATES BANKRUPTCY COURT FOR THE SOUTHEN DISTRICT OF TEXAS HOUSTON DIVISION In re: VANGUARD NATURAL RESOURCES, LLC, et al., Debtors. 1 Chapter 11 Case No (MI) Jointly Administered Objection Deadline: July 21, 2017 Hearing Date: July 28, 2016 at 9:30 a.m. (CT) FIRST INTERIM FEE APPLICATION FOR COMPENSATION AND REIMBURSEMENT OF EXPENSES OF OPPORTUNE LLP, AS RESTRUCTURING ADVISORS TO THE DEBTORS AND DEBTORS-IN-POSSESSION, FOR THE PERIOD FROM FEBRUARY 1, 2017 THROUGH APRIL 30, 2017 Opportune LLP ( Opportune or Applicant ), restructuring advisors for the abovecaptioned debtors and debtors in possession (collectively, the Debtors ), submits this application (the Application ) seeking allowance of interim compensation and reimbursement of expenses under sections 330 and 331 of title 11 of the United States Code (the Bankruptcy Code ) for the period from February 1, 2017 through and including April 30, 2017 (the Application Period ), and respectfully represents as follows: 1 The Debtors in these chapter 11 cases, along with the last four digits of each Debtor s federal tax identification number, are: Vanguard Natural Resources, LLC (1161); Eagle Rock Acquisition Partnership, L.P. (6706); Eagle Rock Acquisition Partnership II, L.P. (0903); Eagle Rock Energy Acquisition Co., Inc. (4564); Eagle Rock Energy Acquisition Co. II, Inc. (3364); Eagle Rock Upstream Development Company, Inc. (0113); Eagle Rock Upstream Development Company II, Inc. (7453); Encore Clear Fork Pipeline LLC (2032); Escambia Asset Co. LLC (3869); Escambia Operating Co. LLC (2000); Vanguard Natural Gas, LLC (1004); Vanguard Operating, LLC (9331); VNR Finance Corp. (1494); and VNR Holdings, LLC (6371). The location of the Debtors service address is: 5847 San Felipe, Suite 3000, Houston, Texas

10 Case Document 1011 Filed in TXSB on 06/30/17 Page 10 of 20 JURISDICTION AND VENUE 1. This Court has jurisdiction to consider this Application under 28 U.S.C. 157 and This is a core proceeding under 28 U.S.C. 157(b). Venue of these cases and this Application in this district is proper under 28 U.S.C and The bases for the relief requested herein are sections 330 and 331 of title 11 of the United States Code (the Bankruptcy Code ), Rule 2016 of the Federal Rules of Bankruptcy Procedure (the Bankruptcy Rules ), Rule of the Bankruptcy Local Rules of the United States Bankruptcy Court for the Southern District of Texas (the Bankruptcy Local Rules ), and the Order Establishing Procedures for Interim Compensation and Reimbursement of Expenses for Professionals [Docket No. 280] (the Interim Compensation Order ). 3. Opportune consents to this Court's authority to enter final orders on this matter. BACKGROUND 4. On February 1, 2017 (the Petition Date ), the Debtors filed voluntary petitions for relief under chapter 11 of title 11 of the Bankruptcy Code (the Chapter 11 Cases ). The factual background regarding the Debtors, including their business operations, their capital and debt structures, and the events leading to the filing of the Chapter 11 Cases, is set forth in detail in the Declaration of Richard A. Robert, Chief Financial Officer of Vanguard Natural Resources, LLC in Support of Chapter 11 Petitions and First Day Motions, filed on February 2, 2017 [Docket No. 6] (the Robert Declaration ). 5. The Debtors continue to manage and operate their businesses as debtors in possession pursuant to Bankruptcy Code Sections 1107 and On February 3, 2017, the Court entered an order [Docket No. 54] authorizing the joint administration and procedural consolidation of the Chapter 11 Cases pursuant to 2

11 Case Document 1011 Filed in TXSB on 06/30/17 Page 11 of 20 Bankruptcy Rule 1015(b). No entity has requested the appointment of a trustee or examiner in the Chapter 11 Cases. On February 14, 2017, the United States Trustee for the Southern District of Texas (the U.S. Trustee ) appointed an official committee of unsecured creditors pursuant to section 1102 of the Bankruptcy Code [Docket No. 172] (the Committee ). 7. On February 7, 2017, the Debtors filed the Debtors Application for Entry of an Order Authorizing the Retention and Employment of Opportune LLP as Restructuring Advisor for the Debtors and Debtors in Possession Nunc Pro Tunc to the Petition Date [Docket No. 113] (the Retention Application ). This Court approved the Debtors retention of Opportune nunc pro tunc to the Petition Date by the order dated March 1, 2017 [Docket No. 282] (the Retention Order ), attached hereto as Exhibit 2 and incorporated by reference. 8. The Debtors filed their Second Amended Joint Plan of Reorganization of, et al., Pursuant to Chapter 11 of the Bankruptcy Code, dated May 31, 2017 [Docket No. 845] (including the plan supplement and the exhibits and schedules thereto, as the same may be amended or modified from time to time, the Plan ) and the related disclosure statement [Docket No. 844] (the Disclosure Statement ). On June 2, 2017, the Court approved the Disclosure Statement and set the confirmation hearing for July 18, RELIEF REQUESTED 9. By this Application, Opportune requests approval and payment of monthly compensation for services rendered and reimbursement of expenses in connection with its representation of the Debtors during the Application Period. The fee statement (the Statement ) attached hereto as Exhibit 3 includes detailed time and disbursement detail in support of the Application. 3

12 Case Document 1011 Filed in TXSB on 06/30/17 Page 12 of At this time, Opportune is seeking compensation in the amount of $1,848,011.50, in fees for professional services rendered by Opportune during the Application Period as restructuring advisor to the Debtors in these Chapter 11 Cases. This amount is derived solely from the applicable hourly billing rates of the firm's personnel who rendered services to the Debtors. 11. Opportune also requests reimbursement of $63,835.04, which amount equals one hundred percent (100%) of the actual and necessary out-of-pocket disbursements and charges incurred by Opportune during the Application Period. 12. This Application is made without prejudice to the firm s right to seek further interim allowances and/or a final allowance of compensation in the future in accordance with the Retention Order and the Interim Compensation Order (as defined below). 13. Opportune has received no promise of payment for professional services rendered or to be rendered in these Chapter 11 Cases other than in accordance with the provisions of the Bankruptcy Code. BASIS FOR RELIEF 14. On March 1, 2017, the Court entered the Interim Compensation Order, which sets forth the procedures for interim compensation and reimbursement of expenses for all professionals in the Chapter 11 Cases. 15. Pursuant to the Interim Compensation Order, Opportune is filing this Application for compensation for professional services rendered and reimbursement of disbursements made in these Chapter 11 Cases during the Application Period. Opportune submits that such services were necessary and beneficial to the Debtors, their creditors and their estates. 4

13 Case Document 1011 Filed in TXSB on 06/30/17 Page 13 of 20 SUMMARY OF SERVICES RENDERED 16. The primary services rendered by Opportune during the Application Period included, but were not limited to, the following tasks: (a) Accounting Fees: $18, Total Hours: 33.3 During the Application Period, Opportune assisted the Debtors with the development and execution of the Debtors accounting, finance and treasury processes, controls and support information requirements, including cut-off and determination and analysis of liabilities subject to compromise. (b) Case Management & Administration Fees: $14, Total Hours: 26.8 During the Application Period, Opportune was involved in all internal activities of the Debtors that supported ongoing efforts to move toward resolution of the cases and emergence from chapter 11. Opportune prepared memorandums and other communications related to the cases, reviewed docket filings and participated in meetings with management and other internal strategic conferences. (c) Bankruptcy Support Fees: $334, Total Hours: During the Application Period, Opportune assisted and advised the Debtors on matters concerning bankruptcy related business operations. Work in this area included the preparation of initial operating reports and reporting requirements mandated by the bankruptcy courts, diligence around First Day Motions, preparation and participation for the Initial Debtor Interview and other US Trustee requests, and other bankruptcy process matters. 5

14 Case Document 1011 Filed in TXSB on 06/30/17 Page 14 of 20 (d) Business Operations Fees: $49, Total Hours: 94.3 During the Application Period, Opportune assisted and advised the Debtors with non-strategic issues related to Debtor-in-Possession operating in Chapter 11 such as employee, vendor, tenant issues and other similar matters, including communications and resolution of issues. (e) Business Plan Fees: $53, Total Hours: 86.4 During the Application Period, Opportune advised and assisted the Debtors with the planning, development, evaluation and implementation of the Debtors' strategic, business and operating plans including the coordination and preparation of the related financial projections. (f) Cash Management & Collateral Fees: $348, Total Hours: During the Application Period, Opportune advised and assisted Debtor management in treasury matters including the development of weekly and monthly cash forecasts, reporting on cash activity, covenant compliance, and other reporting requirements pursuant to Interim Order Pursuant to 11 U.S.C. 105, 361, 362, 363, 364 and 507, Bankruptcy Rules 2002, 4001 and 9014 and Local Bankruptcy Rules , (b), (i), and (I) Authorizing Debtors to (A) Obtain Postpetition Senior Secured Superpriority Financing and (B) Use of Cash Collateral, (II) Granting Adequate Protection to the Prepetition Secured Parties, (III) Modifying the Automatic Stay, (IV) Scheduling a Final Hearing and (V) Granting Related Relief (the Interim Cash Collateral Order ) [Docket No. 63]. 6

15 Case Document 1011 Filed in TXSB on 06/30/17 Page 15 of 20 (g) Claims Administration & Objections Fees: $86, Total Hours: During the Application Period, Opportune advised and assisted the Debtors in questions and processes regarding the claims resolution process. Work included reviewing bar date documents, preparing claims reports, participating in claims reconciliation discussions, and providing guidance around general claim questions. (h) Creditor Fees: $172, Total Hours: During the Application Period, Opportune prepared for and attended meetings, assisted the Debtors in preparing responses to numerous information requests and participated in negotiations with the prepetition lenders, Official Committee of Unsecured Creditors, Ad Hoc Noteholders committee, Ad Hoc Equity committee, other interested parties and their advisors. (i) Contracts & Leases Fees: $8, Total Hours: 12.9 During the Application Period, Opportune advised and assisted Debtor management in preparing for and negotiating various agreements and accommodations with key partners/affiliates, suppliers, and vendors and analysis of contract rejection claims. Opportune also assisted the Debtors with the evaluation and negotiation of potential lease assumptions and rejections. (j) Court Fees: $12, Total Hours: 17.1 During the Application Period, Opportune prepared for and attended hearings in these chapter 11 cases for the Debtors First Day Motions and Encana contract matters. 7

16 Case Document 1011 Filed in TXSB on 06/30/17 Page 16 of 20 (k) Employee Matters Fees: $ Total Hours: 1.8 During the Application Period, Opportune assisted the Debtors with employee communications and related matters. (l) Liquidation Fees: $325, Total Hours: During the Application Period, Opportune assisted the Debtors to prepare a hypothetical liquidation analysis including extensive analysis and research to develop estimated ranges of values for the Debtors assets and liabilities. (m) Monthly Operating Report Fees: $68, Total Hours: During the Application Period, Opportune assisted the Debtors to prepare and timely file with the bankruptcy court, the February and March 2017 monthly operating reports. (n) Plan & Disclosure Statement Fees: $59, Total Hours: 90.3 During the Application Period, Opportune prepared for and participated in the negotiations with the respective creditor groups in developing the Debtors plan of reorganization and assisted the Debtors in the preparation of the Debtors plan of reorganization and related disclosure statement. 8

17 Case Document 1011 Filed in TXSB on 06/30/17 Page 17 of 20 (o) Statements & Schedules Fees: $216, Total Hours: During the Application Period, Opportune assisted the Debtors in the preparation and timely filing of the Statements of Financial Affairs and Schedules for the fourteen Debtor entities that filed for chapter 11 bankruptcy protection. (p) Travel Fees: $79, Total Hours: During the Application Period, Opportune traveled to the Debtors offices to perform the services noted above and for hearings and meetings with key creditor constituencies such as the Ad Hoc Noteholder committee and the Official Committee of Unsecured Creditors. Travel represents non-working travel time and has been billed at 50% of the actual travel time incurred. 17. In addition to the summary of services rendered noted above, a more detailed description of the services provided is attached hereto as Exhibit Opportune provided important and beneficial advisory services to the Debtors which were critical to the administration and progression of the Chapter 11 Cases. In many instances, these services were performed under condensed time frames and required significant expertise to address the complex issues. 19. Due to the efforts of Opportune during the Application Period, the Debtors made substantial progress in their complex Chapter 11 Cases towards confirming a value-maximizing plan of reorganization. 9

18 Case Document 1011 Filed in TXSB on 06/30/17 Page 18 of 20 ALLOWANCE OF COMPENSATION 20. Under section 330 of the Bankruptcy Code, a bankruptcy court may award to a professional employed under section 327 of the Bankruptcy Code reasonable compensation for actual, necessary services rendered by the professional, plus reimbursement for actual, necessary expenses. 11 U.S.C. 330(a)(1). 21. In determining the amount of "reasonable compensation," the Court must consider the nature, extent, and value of the services, taking into account all the relevant factors, including the time spent on such services, the rates charged for such services, whether the services were necessary and beneficial, whether the services were performed in a reasonable amount of time commensurate with the complexity, importance, and nature of the problem, issue, or task addressed, and whether the compensation is reasonable based on the customary compensation charged by comparably skilled practitioners in cases other than cases under the Bankruptcy Code. See 11 U.S.C. 330(a)(3). 22. In accordance with the factors enumerated in 11 U.S.C. 330, the amount requested herein by Opportune is fair and reasonable, as set forth below and otherwise in this Application. PRIOR MONTHLY FEE STATEMENTS 23. Prior to the filing of this Application, Opportune submitted monthly fee statements (the Prior Monthly Fee Statements ) for the months of February, March, and April to the Application Recipients (as defined in the Interim Compensation Order), which Prior Monthly Fee Statements are attached hereto as Exhibit 4. The summary sheet to this Application summarizes the current status of these Prior Monthly Fee Statements. These statements contain 10

19 Case Document 1011 Filed in TXSB on 06/30/17 Page 19 of 20 daily time logs describing the time spent by each professional and detailed descriptions for necessary out-of-pocket disbursements and charges incurred for the relevant period. 24. As of the date hereof, Opportune has received $1,122, from the Debtors for fees and expenses incurred by Opportune during the periods covered by the Prior Monthly Fee Statements, broken down as follows: payment of fees in the amount of $1,079, (80% of the fees earned) and reimbursement of expenses in the amount of $43, (100% of the expenses incurred). As of the date hereof, Opportune has not been paid for its April 2017 Monthly Fee Statement (80% of the fees earned and 100% of the expenses incurred) and the 20% holdback for fees requested in the Prior Monthly Fee Statements, as required by the Interim Compensation Order. NO PRIOR REQUEST 25. No previous request for relief sought herein has been made to the Court or any other Court NOTICE 26. Notice of this Application has been provided by , facsimile, or overnight courier to: (a) the U.S. Trustee; (b) counsel for the Creditors' Committee; (c) all other parties on the Master Service List; and (d) those persons entitled to notice of this Application pursuant to the Interim Compensation Order. Opportune submits that, in light of the nature of the relief requested, no other or further notice need be given. 11

20 Case Document 1011 Filed in TXSB on 06/30/17 Page 20 of 20 WHEREFORE, Opportune respectfully requests that the Court enter an order, substantially in the form as Exhibit 1, (i) allowing, on a joint and several basis from the Debtors, compensation in the amount of $1,848, for necessary professional services rendered and reimbursement of actual and necessary expenses incurred in the amount of $63,835.04, (ii) authorizing and directing the Debtors to remit to Opportune any amounts due and owing in accordance with the Interim Compensation Order, and (iii) grant such other and further relief as may be just and proper. Dated: June 30, 2017 /s/ Scott L. Anchin Scott L. Anchin Managing Director OPPORTUNE LLP 12

21 Case Document Filed in TXSB on 06/30/17 Page 1 of 4 EXHIBIT 1 Proposed Order

22 Case Document Filed in TXSB on 06/30/17 Page 2 of 4 IN THE UNITED STATES BANKRUPTCY COURT FOR THE SOUTHERN DISTRICT OF TEXAS HOUSTON DIVISION In re: Chapter 11 VANGUARD NATURAL RESOURCES, Case No LLC, et al., 1 Debtors. (Jointly Administered) ORDER GRANTING FIRST INTERIM FEE APPLICATION FOR ALLOWANCE OF COMPENSATION AND REIMBURSEMENT OF EXPENSES OF OPPORTUNE LLP AS RESTRUCTURING ADVISORS TO THE DEBTORS AND DEBTORS-IN-POSSESSION, FOR THE PERIOD FROM FEBRUARY 1, 2017 THROUGH APRIL 30, 2017 Opportune LLP ( Opportune ), as restructuring advisor to the above-captioned debtors and debtors-in-possession (collectively, the Debtors ), having filed the First Interim Fee Application for Allowance of Compensation and Reimbursement of Expenses of Opportune LLP as Restructuring Advisors to the Debtors and Debtors-In-Possession for the Period from February 1, 2017 through April 30, 2017 (the Application ) for professional services rendered and expenses incurred during 1 The Debtors in these chapter 11 cases, along with the last four digits of each Debtor s federal tax identification number, are: Vanguard Natural Resources, LLC (1161); Eagle Rock Acquisition Partnership, L.P. (6706); Eagle Rock Acquisition Partnership II, L.P. (0903); Eagle Rock Energy Acquisition Co., Inc. (4564); Eagle Rock Energy Acquisition Co. II, Inc. (3364); Eagle Rock Upstream Development Company, Inc. (0113); Eagle Rock Upstream Development Company II, Inc. (7453); Encore Clear Fork Pipeline LLC (2032); Escambia Asset Co. LLC (3869); Escambia Operating Co. LLC (2000); Vanguard Natural Gas, LLC (1004); Vanguard Operating, LLC (9331); VNR Finance Corp. (1494); and VNR Holdings, LLC (6371). The location of the Debtors service address is: 5847 San Felipe, Suite 3000, Houston, Texas

23 Case Document Filed in TXSB on 06/30/17 Page 3 of 4 the period commencing February 1, 2017 through and including April 30, 2017; and a hearing having been held before this Court to consider the Application on July 28, 2017; the Court having reviewed and considered the Application; it appearing that the Court has jurisdiction over this matter pursuant to 28 U.S.C. 157 and 1334; it appearing that this is a core proceeding within the meaning of 28 U.S.C. 157(b)(2); it appearing that the venue is proper in this District pursuant to 28 U.S.C and 1409; adequate and proper notice of the Application having been given; it appearing that no other or further notice need be given; any objections to the Application having been resolved; all persons with standing having been afforded the opportunity to be heard on the Application; and after due deliberation and sufficient cause appearing therefore, IT IS HEREBY ORDERED THAT: 1. The Application is granted on an interim basis; 2. For the period from, an administrative allowance be made to Opportune in the sum of $1,848, for actual and necessary professional services rendered and $63, for expenses incurred; 3. The Debtors are authorized and directed to pay Opportune the balance of any amounts owed for the allowed fees and expenses; 4. This Court shall retain jurisdiction to hear and determine all matters arising from the implementation of this Order; 5. All of the Debtors and their estates shall be jointly and severally responsible for Opportune s allowed fees and expenses; 6. Notwithstanding the possible applicability of Bankruptcy Rules 6006(d), 7062, 9014, or otherwise, the terms and conditions of this Order shall be immediately effective and enforceable upon its entry; and

24 Case Document Filed in TXSB on 06/30/17 Page 4 of 4 7. All time periods set forth in this Order shall be calculated in accordance with Bankruptcy Rule 9006(a). Dated:, 2017 Houston, Texas THE HONORABLE MARVIN ISGUR UNITED STATES BANKRUPTCY JUDGE

25 Case Document Filed in TXSB on 06/30/17 Page 1 of 16 EXHIBIT 2 Retention Order

26 Case Document Filed in in TXSB on on 03/01/17 06/30/17 Page 1 2 of of 1516 ENTERED 03/01/2017

27 Case Document Filed in in TXSB on on 03/01/17 06/30/17 Page 2 3 of of 1516

28 Case Document Filed in in TXSB on on 03/01/17 06/30/17 Page 3 4 of of 1516

29 Case Document Filed in in TXSB on on 03/01/17 06/30/17 Page 4 5 of of 1516

30 Case Document Filed in in TXSB on on 03/01/17 06/30/17 Page 5 6 of of 1516

31 Case Document Filed in in TXSB on on 03/01/17 06/30/17 Page 6 7 of of 1516

32 Case Document Filed in in TXSB on on 03/01/17 06/30/17 Page 7 8 of of 1516

33 Case Document Filed in in TXSB on on 03/01/17 06/30/17 Page 8 9 of of 1516

34 Case Case Document Filed in in TXSB on on 03/01/17 06/30/17 Page 910 of of 1516

35 Case Document Filed in in TXSB on on 03/01/17 06/30/17 Page 1011 of of 1516

36 Case Document Filed in in TXSB on on 03/01/17 06/30/17 Page 1112 of of 1516

37 Case Document Filed in in TXSB on on 03/01/17 06/30/17 Page 1213 of of 1516

38 Case Document Filed in in TXSB on on 03/01/17 06/30/17 Page 1314 of of 1516

39 Case Document Filed in in TXSB on on 03/01/17 06/30/17 Page 1415 of of 1516

40 Case Document Filed in in TXSB on on 03/01/17 06/30/17 Page 1516 of of 1516

41 Case Document Filed in TXSB on 06/30/17 Page 1 of 133 EXHIBIT 3 Fee Statement

42 Case Document Filed in TXSB on 06/30/17 Page 2 of 133 Summary of Time Detail by Professional Exhibit A Hourly Total Hours Total Professional Position Billing Rate Billed Compensation David Baggett Partner $ $ 8, Josh Sherman Partner Scott Anchin Managing Director , Amy Stutzman Managing Director , Allen Barron Managing Director , Paul Legoudes Managing Director , Kevin Cannon Director , Stephen Patton Director Dennis Rohan Director Glenn Sniezek Director , Shannon Hofner Manager , Nathan Kucharski Manager , Samir Saleem Manager , Lindsey Cude Senior Consultant , Tatiana Restrepo Senior Consultant , Chad Bourne Consultant , Trey Brasseaux Consultant , Virginia Giroir Consultant , Alan Huynh Consultant , Eason Qiu Consultant , Total, All Professionals 3,432.4 $ 1,848, Blended Hourly Rate $ Average Hourly Rate $

43 Case Document Filed in TXSB on 06/30/17 Page 3 of 133 Summary of Time Detail by Activity Exhibit B Project Category Total Hours Billed Total Compensation Accounting 33.3 $ 18, Case Management & Administration 26.8 $ 14, Bankruptcy Support $ 334, Business Operations 94.3 $ 49, Business Plan 86.4 $ 53, Cash Management & Collateral $ 348, Claims Administration & Objections $ 86, Creditor $ 172, Contracts & Leases 12.9 $ 8, Court 17.1 $ 12, Employee Matters 1.8 $ Liquidation $ 325, Monthly Operating Report $ 68, Plan & Disclosure Statement 90.3 $ 59, Statements & Schedules $ 216, Travel $ 79, Total 3,432.4 $ 1,848,011.50

44 Case Document Filed in TXSB on 06/30/17 Page 4 of 133 Summary of Time Detail by Professional & Activity Exhibit C Accounting Assist with the development and execution of the company's accounting, finance and treasury processes, controls and support information requirements, including cut-off and determination and analysis of liabilities subject to compromise. Professional Position Billing Rate Sum of Hours Sum of Fees Josh Sherman Managing Director $ $ Scott Anchin Managing Director $ $ 1, Amy Stutzman Managing Director $ $ 1, Kevin Cannon Director $ $ Stephen Patton Director $ $ Shannon Hofner Manager $ $ 5, Samir Saleem Manager $ $ 8, Tatiana Restrepo Senior Consultant $ $ 1, Total 33.3 $ 18, Case Management & Administration All internal activities (i.e. preperation and participation in meetings with management and co-advisors, drafting of memos and other communications, review of docket filings, etc.) that support the on-going efforts to move towards resolution of the cases and emergence from chapter 11. Includes all internal strategic conferences that not otherwise identified in a separate Matter Code. Professional Position Billing Rate Sum of Hours Sum of Fees David Baggett Partner $ $ Scott Anchin Managing Director $ $ 4, Samir Saleem Manager $ $ 6, Eason Qiu Consultant $ $ 2, Total 26.8 $ 14,362.50

45 Case Document Filed in TXSB on 06/30/17 Page 5 of 133 Summary of Time Detail by Professional & Activity Exhibit C Bankruptcy Support Advise and assist the company on matters concerning operating the business under Chapter 11, including initial operating reports, monthly fee statements, interim and final fee applications in accordance with court guidelines. Professional Position Billing Rate Sum of Hours Sum of Fees David Baggett Partner $ $ 1, Scott Anchin Managing Director $ $ 49, Glenn Sniezek Director $ $ 19, Shannon Hofner Manager $ $ 107, Samir Saleem Manager $ $ 88, Tatiana Restrepo Senior Consultant $ $ 66, Eason Qiu Consultant $ $ 1, Total $ 334, Business Operations Advise and assist with non-strategic issues related to Debtor-in-Possession operating in Chapter 11 such as employee, vendor, tenant issues and other similar matters, including communications and resolution of issues. Professional Position Billing Rate Sum of Hours Sum of Fees Scott Anchin Managing Director $ $ 16, Shannon Hofner Manager $ $ Samir Saleem Manager $ $ 11, Tatiana Restrepo Senior Consultant $ $ 20, Total 94.3 $ 49, Business Plan Advise and assist the company with the planning, development, evaluation and implementation of the company's strategic, business and operating plans including the coordination and preparation of the related financial projections Professional Position Billing Rate Sum of Hours Sum of Fees Scott Anchin Managing Director $ $ 6, Glenn Sniezek Director $ $ 45, Samir Saleem Manager $ $ Total 86.4 $ 53,164.50

46 Case Document Filed in TXSB on 06/30/17 Page 6 of 133 Summary of Time Detail by Professional & Activity Exhibit C Cash Management & Collateral Advise and assist management in treasury matters including the development of weekly cash forecasts, reporting on cash activity, covenant compliance, and other reporting requirements pursuant to cash collateral motion. Professional Position Billing Rate Sum of Hours Sum of Fees Scott Anchin Managing Director $ $ 66, Glenn Sniezek Director $ $ 226, Shannon Hofner Manager $ $ Samir Saleem Manager $ $ 19, Tatiana Restrepo Senior Consultant $ $ 26, Eason Qiu Consultant $ $ 7, Total $ 348, Claims Administration & Objections Advise and assist the Debtors in questions and processes regarding the claims resolution process. Includes reviewing bar date documents, preparing claims reports, participating in claims reconciliation discussions, and providing guidance around general claim questions. Professional Position Billing Rate Sum of Hours Sum of Fees Scott Anchin Managing Director $ $ 20, Shannon Hofner Manager $ $ 50, Samir Saleem Manager $ $ 5, Tatiana Restrepo Senior Consultant $ $ Eason Qiu Consultant $ $ 9, Total $ 86, Creditor Prepare for and attend meetings and participate in negotiations with the prepetition lenders, Official Committee of Unsecured Creditors, other interested parties and their advisors. Research related to debtor / lender information requests. Professional Position Billing Rate Sum of Hours Sum of Fees Scott Anchin Managing Director $ $ 55, Glenn Sniezek Director $ $ 44, Shannon Hofner Manager $ $ Samir Saleem Manager $ $ 35, Tatiana Restrepo Senior Consultant $ $ 35, Eason Qiu Consultant $ $ 1, Total $ 172,819.00

47 Case Document Filed in TXSB on 06/30/17 Page 7 of 133 Summary of Time Detail by Professional & Activity Exhibit C Contracts & Leases Advise and assist management in preparing for and negotiating various agreements and accommodations with key partners/affiliates, suppliers, and vendors and analysis of contract rejection claims, etc. Assist the Debtors with the evaluation and negotiation of potential lease assumptions and rejections. Professional Position Billing Rate Sum of Hours Sum of Fees Scott Anchin Managing Director $ $ 5, Shannon Hofner Manager $ $ Samir Saleem Manager $ $ 2, Total 12.9 $ 8, Court Prepare for and participate in hearings before the bankruptcy court having jurisdiction over the case or cases commenced under the Bankruptcy Code Professional Position Billing Rate Sum of Hours Sum of Fees David Baggett Partner $ $ 2, Scott Anchin Managing Director $ $ 9, Samir Saleem Manager $ $ Total 17.1 $ 12, Employee Matters Assist the Debtors with employee communications, development of severance and retention plans, and related matters. Professional Position Billing Rate Sum of Hours Sum of Fees Samir Saleem Manager $ $ Total 1.8 $

48 Case Document Filed in TXSB on 06/30/17 Page 8 of 133 Summary of Time Detail by Professional & Activity Exhibit C Liquidation Preparation of hypothetical liquidation analysis. Professional Position Billing Rate Sum of Hours Sum of Fees David Baggett Partner $ $ 3, Scott Anchin Managing Director $ $ 21, Allen Barron Managing Director $ $ 4, Paul Legoudes Managing Director $ $ 70, Kevin Cannon Director $ $ 34, Dennis Rohan Director $ $ Glenn Sniezek Director $ $ Nathan Kucharski Manager $ $ 40, Samir Saleem Manager $ $ 27, Lindsey Cude Senior Consultant $ $ 14, Chad Bourne Consultant $ $ 11, Trey Brasseaux Consultant $ $ 25, Virginia Giroir Consultant $ $ 58, Alan Huynh Consultant $ $ 11, Total $ 325, Monthly Operating Report Assist the Debtors in the preparation of Monthly Operating Reports. Professional Position Billing Rate Sum of Hours Sum of Fees Scott Anchin Managing Director $ $ 6, Glenn Sniezek Director $ $ Shannon Hofner Manager $ $ Samir Saleem Manager $ $ 13, Tatiana Restrepo Senior Consultant $ $ 47, Total $ 68,084.00

49 Case Document Filed in TXSB on 06/30/17 Page 9 of 133 Summary of Time Detail by Professional & Activity Exhibit C Plan & Disclosure Statement Assist the Debtors in the preparation of the Plan of Reorganization and Disclosure Statement. Professional Position Billing Rate Sum of Hours Sum of Fees Scott Anchin Managing Director $ $ 42, Paul Legoudes Managing Director $ $ Samir Saleem Manager $ $ 16, Total 90.3 $ 59, Statements & Schedules Assist the Debtors in the preparation of Statements of Financial Affairs and Schedules. Professional Position Billing Rate Sum of Hours Sum of Fees Scott Anchin Managing Director $ $ 29, Glenn Sniezek Director $ $ Shannon Hofner Manager $ $ 134, Samir Saleem Manager $ $ 16, Tatiana Restrepo Senior Consultant $ $ 17, Eason Qiu Consultant $ $ 19, Total $ 216, Travel Non working travel time (reflects 50% of time incurred). Professional Position Billing Rate Sum of Hours Sum of Fees Scott Anchin Managing Director $ $ 26, Shannon Hofner Manager $ $ 18, Samir Saleem Manager $ $ 34, Total $ 79,121.00

50 Case Document Filed in TXSB on 06/30/17 Page 10 of 133 Accounting Samir Saleem 2/6/ Meeting with various members of the VNR AP team and S. Saleem (OPP) and T. Restrepo (OPP) to discuss new AP procedures and response to questions. Tatiana Restrepo 2/6/ Meeting with various members of the VNR AP team and S. Saleem (OPP) and T. Restrepo (OPP) to discuss new AP procedures and response to questions. Samir Saleem 2/8/ Prepare for meeting with VNR finance team to discuss financial disclosures and requirements in bankruptcy. Samir Saleem 4/3/ Review of intercompany receivable/payable raw data for Jan 15 and Jan 16. Samir Saleem 4/5/ Call with S. Saleem (OPP) and T. Restrepo (OPP) to discuss intercompany matrix analysis. Samir Saleem 4/5/ Meeting with S. Anchin (OPP), S. Saleem (OPP), and VNR regarding GAAP Financial Statements. Samir Saleem 4/5/ Review intercompany matrix for Feb Samir Saleem 4/5/ Review IT service vendor invoices to determine proper accounting methodology for accruals. Scott Anchin 4/5/ Meeting with S. Anchin (OPP), S. Saleem (OPP), and VNR regarding GAAP Financial Statements. Shannon Hofner 4/5/ Review of invoices included in recommended payments file for Vanguard Natural Gas to verify all payments relate to post-petition items. Kevin Cannon 4/6/ Calls with K. Cannon, S. Anchin (both OPP) to discuss issues. (0.5) Samir Saleem 4/6/ Research liabilities subject to compromise in handbook provided by VNR. Scott Anchin 4/6/ Calls with R. Midgett, D. Hudnall (both VNR) to discuss accounting for royalty suspense accounts. (0.5) Calls with K. Cannon, S. Anchin (both OPP) to discuss issues. (0.5) Shannon Hofner 4/6/ Discussion with Y. Hamadanian (VNR) to customize report from BOLO accounting system to pull requested vendor data. Shannon Hofner 4/6/ Review of invoices included in recommended payments file for Vanguard Operating to verify all payments related to post-petition items. Samir Saleem 4/7/ Review intercompany analysis and variance created for filing date and Samir Saleem 4/11/ Call with PH to discuss suspense liabilities. Samir Saleem 4/11/ Review all compensation accruals on the books to determine liabilities subject to compromise (LSTC). Shannon Hofner 4/11/ Initial review of invoices included in recommended payments file for Vanguard Natural Gas to verify all payments related to post-petition items. Amy Stutzman 4/12/ J. Sherman, A. Stutzman, S. Patton, S. Saleem, and T. Restrepo (all OPP) meeting with VNR's accounting group to discuss accounting guidance regarding bankruptcy activities. Amy Stutzman 4/12/ Conduct accounting research related to bankruptcy activities. Josh Sherman 4/12/ J. Sherman, A. Stutzman, S. Patton, S. Saleem, and T. Restrepo (all OPP) meeting with VNR's accounting group to discuss accounting guidance regarding bankruptcy activities. Samir Saleem 4/12/ J. Sherman, A. Stutzman, S. Patton, S. Saleem, and T. Restrepo (all OPP) meeting with VNR's accounting group to discuss accounting guidance regarding bankruptcy activities. Shannon Hofner 4/12/ Additional review of invoices included in recommended payments file for Vanguard Natural Gas to verify all payments relate to post-petition items. Stephen Patton 4/12/ J. Sherman, A. Stutzman, S. Patton, S. Saleem, and T. Restrepo (all OPP) meeting with VNR's accounting group to discuss accounting guidance regarding bankruptcy activities.

51 Case Document Filed in TXSB on 06/30/17 Page 11 of 133 Accounting Tatiana Restrepo 4/12/ Review data to be discussed with accounting team meeting over bankruptcy accounting. Tatiana Restrepo 4/12/ J. Sherman, A. Stutzman, S. Patton, S. Saleem, and T. Restrepo (all OPP) meeting with VNR's accounting group to discuss accounting guidance regarding bankruptcy activities. Samir Saleem 4/17/ Analyze working capital schedules used in the 3 year business model. Samir Saleem 4/18/ Review of preliminary March financial package. Shannon Hofner 4/19/ Review of invoices included in recommended payments file for Vanguard Natural Gas to verify all payments relate to post-petition items. Shannon Hofner 4/19/ Review of invoices included in recommended payments file for Vanguard Operating, LLC to verify all payments relate to post-petition items. Samir Saleem 4/24/ Meeting with the Company to discuss AP bifurcation for March. Samir Saleem 4/24/ Create new AP bifurcation analysis broken out by Company code. Samir Saleem 4/26/ Review deposit accruals on March balance sheet. Shannon Hofner 4/26/ Preparation of recommended payment reports to identify and verify amounts for weekly check run. Shannon Hofner 4/26/ Review of invoices included in recommended payments file for Vanguard Natural Gas to verify all payments related to post-petition items. Shannon Hofner 4/26/ Review of invoices included in recommended payments file for Vanguard Operating to verify all payments related to post-petition items. Samir Saleem 4/27/ Meeting with the Company to discuss AP bifurcation numbers for SEC financials. Total 33.3

52 Case Document Filed in TXSB on 06/30/17 Page 12 of 133 Case Management & Administration Samir Saleem 2/3/ Review documents uploaded onto docket since filing. Scott Anchin 2/6/ Review and respond to company s related to chapter 11 case and other issues Scott Anchin 2/6/ Advisor call with Paul Hastings (various), Evercore (various) to discuss case related issues Scott Anchin 2/6/ Advisor call with VNR (S. Smith, R. Robert, R. Midgett) Paul Hastings (various), Evercore (various) to discuss case related issues Scott Anchin 2/7/ Call with A. Bongartz (PH) re: filing of retention application Scott Anchin 2/7/ Review and revise retention application; prepare and participate on calls with A. Bongartz (PH) Samir Saleem 2/8/ Review documents uploaded onto docket since last week. Scott Anchin 2/9/ Review and respond to s from Company and counsel relating to chapter 11 proceedings Scott Anchin 2/13/ Call with D. Baggett, S. Anchin (OPP) to discuss case progress and discussions with creditors David Baggett 2/13/ Call with D. Baggett, S. Anchin (OPP) to discuss case progress and discussions with creditors Scott Anchin 2/14/ Review and respond to s with Company and counsel regarding bankruptcy proceedings and related issues Samir Saleem 2/14/ Call with S.Anchin (OPP) & S.Saleem (OPP) to discuss workstreams and case progress Scott Anchin 2/14/ Call with S.Anchin (OPP) & S.Saleem (OPP) to discuss workstreams and case progress Samir Saleem 2/14/ Create workplan for team based on numerous workstreams. Samir Saleem 2/15/ Review documents uploaded onto docket since last week. Scott Anchin 2/17/ Review and respond to Company s related to bankruptcy and related matters Samir Saleem 2/22/ Review documents uploaded onto docket since last week. Scott Anchin 2/23/ Call with J. Grogan (PH) to discuss cash collateral and related issues Samir Saleem 2/23/ Create monthly calendar for all milestones and reporting requirements. Scott Anchin 2/25/ Review and respond to internal s from Company and counsel regarding bankruptcy case and related issues Scott Anchin 2/28/ Review and respond to Company s related to bankruptcy and related issues Samir Saleem 2/28/ Review documents uploaded onto docket since last week. Samir Saleem 3/20/ Meeting with S.Anchin (OPP) & S.Saleem (OPP) to discuss numerous work streams. Scott Anchin 3/20/ Meeting with S.Anchin (OPP) & S.Saleem (OPP) to discuss numerous work streams. Scott Anchin 3/28/ Review monthly fee application Samir Saleem 4/4/ Review documents uploaded into docket since last week. Samir Saleem 4/6/ Meeting with S. Anchin (OPP) and S. Saleem (OPP) to discuss workstreams and work plan for all team members. Scott Anchin 4/6/ Meeting with S. Anchin (OPP) and S. Saleem (OPP) to discuss workstreams and work plan for all team members. Scott Anchin 4/6/ Prepare and review draft of Opportune invoice Scott Anchin 4/10/ Prepare and respond to communications with Company on Chapter 11 related issues Eason Qiu 4/12/ Continue to prepare monthly fee application and supporting schedules Eason Qiu 4/12/ Continue to prepare monthly fee application and supporting schedules Eason Qiu 4/12/ Prepare monthly fee application and supporting schedules Eason Qiu 4/13/ Continue to prepare monthly fee application and supporting schedules

53 Case Document Filed in TXSB on 06/30/17 Page 13 of 133 Case Management & Administration Samir Saleem 4/13/ Review documents uploaded into docket since last week. Samir Saleem 4/18/ Review documents uploaded into docket since last week. Scott Anchin 4/18/ Review and respond to internal regarding Chapter 11 case and related issues Samir Saleem 4/19/ Update team work stream tracker. Scott Anchin 4/21/ Review and respond to s related to Chapter 11 case and related issues Samir Saleem 4/25/ Review documents uploaded into docket since last week. Total 26.8

54 Case Document Filed in TXSB on 06/30/17 Page 14 of 133 Bankruptcy Support Shannon Hofner 2/1/ Coordination with Prime Clerk regarding updates to web site in preparation for filing. Shannon Hofner 2/1/ Review selected bankruptcy petitions to verify information in First Day Declaration. Glenn Sniezek 2/1/ Call with S. Anchin (OPP), G. Sniezek (OPP) J. Fallon (PJT) re: first day motion comments Scott Anchin 2/1/ Call with S. Anchin (OPP), G. Sniezek (OPP) J. Fallon (PJT) re: first day motion comments Shannon Hofner 2/1/ Call with S. Hofner; G. Sniezek; S. Saleem; and T. Restrepo (all OPP) and PH to discuss first day motion comments from PJT. Glenn Sniezek 2/1/ Call with S. Hofner; G. Sniezek; S. Saleem; and T. Restrepo (all OPP) and PH to discuss first day motion comments from PJT. Samir Saleem 2/1/ Call with S. Hofner; G. Sniezek; S. Saleem; and T. Restrepo (all OPP) and PH to discuss first day motion comments from PJT. Tatiana Restrepo 2/1/ Call with S. Hofner; G. Sniezek; S. Saleem; and T. Restrepo (all OPP) and PH to discuss first day motion comments from PJT. Scott Anchin 2/1/ Review & respond to various company s related to Chapter 11 filing Shannon Hofner 2/1/ Review and verification of creditor matrix updates made by Prime Clerk. Glenn Sniezek 2/1/ Review materials for call with J. Fallon (PJT) re: first day motion comments Shannon Hofner 2/1/ Review of voided check files received to reconcile to previous voids and identify additional amounts to include in pre-petition Trade Payable total. Scott Anchin 2/1/ Review request to pay creditor's professionals; prepare s to counsel to discuss Shannon Hofner 2/1/ Update First Day motion database to reflect cleared checks; generate updated number for outstanding Trade payables as of Petition Date Samir Saleem 2/1/ Call with Counsel to discuss changes to first day motions. Shannon Hofner 2/1/ Coordinate with L. Godfrey (VNR) regarding obtaining registered holder listing for equity and granting permission to Prime Clerk to pull SPR listing for all equity and debt CUSIP numbers. Shannon Hofner 2/1/ Review of Top 50 list; incorporate updated parties into vendor master for noticing. Shannon Hofner 2/1/ Complete reconciliation of voided checks to prior day's listing to identify cleared checks to remove from Open AP total. Samir Saleem 2/1/ Thorough review of Insurance Motion and provide Counsel with updates to final draft. Samir Saleem 2/1/ Thorough review of Utilities Motion and provide Counsel with updates to final draft. Samir Saleem 2/1/ Create first day motions summary analysis. Scott Anchin 2/1/ Prepare presentation for employees regarding Chapter 11 filing and related issues Samir Saleem 2/1/ Thorough review of Cash Management Motion and provide Counsel with updates to final draft. Samir Saleem 2/1/ Thorough review of Tax Motion and provide Counsel with updates to final draft. Tatiana Restrepo 2/1/ s and discussions with counsel regarding Declaration. Samir Saleem 2/1/ Thorough review of Wages Motion and provide Counsel with updates to final draft. Samir Saleem 2/1/ Thorough review of Declaration and provide Counsel with updates to final draft. Scott Anchin 2/1/ Review and edit Declaration of Richard Robert Scott Anchin 2/1/ Review contract rejection motion and prepare estimate of rejection claims

55 Case Document Filed in TXSB on 06/30/17 Page 15 of 133 Bankruptcy Support Samir Saleem 2/1/ Review DIP facility agreement and determine all reporting requirements. Shannon Hofner 2/1/ Complete reconciliation and clean up of creditor matrix; forwarded additional edits to Prime Clerk Shannon Hofner 2/1/ Reconcile first day declaration to First Day Motions to verify accuracy of all numbers and related requests for relief; communicate suggested edits to colleague T. Restrepo (OPP) for forwarding to counsel Samir Saleem 2/1/ Create new presentation on AP process and invoice bifurcation. Scott Anchin 2/1/ Review changes and prepare edits to first day motions Tatiana Restrepo 2/1/ Review and respond to various s regarding the cash management motion. Tatiana Restrepo 2/1/ Final review of first day motions. Tatiana Restrepo 2/1/ Review providing notes to the Declaration. Shannon Hofner 2/1/ Reconciliation and updating of final creditor matrix in preparation for filing Shannon Hofner 2/2/ Prepare distribution list of company personnel to receive daily docket s and coordinate with set up with Prime Clerk Samir Saleem 2/2/ Discuss with Company the process of communicating information to external parties and sharing of filed documentation. Shannon Hofner 2/2/ Review of cash management motion and verification of bank account structure in preparation for hearing on First Day Motions. Scott Anchin 2/2/ Meeting with R. Robert (VNR) to discuss DIP budget, filing date and related issues Scott Anchin 2/2/ Review and respond to various s related to Chapter 11 filing and postfiling procedures for review and payment of invoices Tatiana Restrepo 2/2/ Discussion with P. Avila-Eady (VNR) regarding items needed for the Schedules and statements and the Initial Report. Tatiana Restrepo 2/2/ Review and provide feedback on the information to be disbursed to the company regarding the accounts payable process after filing. Shannon Hofner 2/2/ Review of docket to locate petitions and assigned case numbers for preparation of Schedules and SOFA's Tatiana Restrepo 2/2/ Create a US Trustee fee calculator to include in the 13 week model. Scott Anchin 2/2/ Meeting with R. Midgett (VNR) to discuss post-filing procedures related to payment of invoices and related issues Shannon Hofner 2/2/ Creation of SOFA/Schedule Checklist to summarize status of materials received and identify points of contact for input items. Scott Anchin 2/2/ Meeting with S. Smith (VNR) to review contracts to be rejected and related issues Shannon Hofner 2/2/ Preparation of First Day Motion support documentation for reference by D. Baggett (OPP) in First Day Motion Hearing. Scott Anchin 2/2/ Prepare for first day hearings; review motions, estimates of pre-petition liabilities and other issues Samir Saleem 2/2/ Update VNR Chapter 11 presentation for the all hands meeting. Samir Saleem 2/2/ Analyze employee accrual data for wage motion. Scott Anchin 2/2/ Meeting with counsel (various) and VNR (S. Smith, R. Robert, R. Midgett), & D. Baggett, S. Anchin (both OPP) to prepare for court hearing David Baggett 2/2/ Meeting with counsel (various) and VNR (S. Smith, R. Robert, R. Midgett), & D. Baggett, S. Anchin (both OPP) to prepare for court hearing Tatiana Restrepo 2/2/ Completing supporting documentation for the first day motions, as well as summaries and analysis. Scott Anchin 2/3/ Calls with R. Midgett (VNR), J. Grogan (PH) to discuss first day motions and initial debtor interview

56 Case Document Filed in TXSB on 06/30/17 Page 16 of 133 Bankruptcy Support Shannon Hofner 2/3/ Perform research related to Ordinary Course Professional per request of R. Midgett (VNR); coordinated with J. Grogan (PH) to incorporate additional party on OCP motion. Tatiana Restrepo 2/3/ Discussion with A. Abeyta (VNR) regarding timing and information on the disbursements file. Tatiana Restrepo 2/3/ Discussion with P. Avila-Eady (VNR) regarding timing of monthly close in preparation for MOR schedule and bankruptcy training for the AP group Scott Anchin 2/3/ Meeting with R. Robert, R. Midgett (both VNR) to discuss filing date issues and chapter 11 bankruptcy related issues Scott Anchin 2/3/ Review draft of retention application and prepare comments Tatiana Restrepo 2/3/ Test disbursements file for completeness. Samir Saleem 2/3/ Review of IDI requirements and letter from Trustee. Glenn Sniezek 2/3/ Status meeting with S. Anchin, G. Sniezek, S. Saleem, T. Restrepo, S. Hofner (all OPP) regarding upcoming case milestones and corresponding timeline Shannon Hofner 2/3/ Status meeting with S. Anchin, G. Sniezek, S. Saleem, T. Restrepo, S. Hofner (all OPP) regarding upcoming case milestones and corresponding timeline. Samir Saleem 2/3/ Status meeting with S. Anchin, G. Sniezek, S. Saleem, T. Restrepo, S. Hofner (all OPP) regarding upcoming case milestones and corresponding timeline. Scott Anchin 2/3/ Status meeting with S. Anchin, G. Sniezek, S. Saleem, T. Restrepo, S. Hofner (all OPP) regarding upcoming case milestones and corresponding timeline. Tatiana Restrepo 2/3/ Status meeting with S. Anchin, G. Sniezek, S. Saleem, T. Restrepo, S. Hofner (all OPP) regarding upcoming case milestones and corresponding timeline. Shannon Hofner 2/3/ Preparation of listing of account reconciliations needed from accounting group and related chart of account numbers for incorporation in bankruptcy asset schedules Tatiana Restrepo 2/3/ Discussion with Y. Hamadanian (VNR) regarding new AP process, clerk training, and questions from field personnel. Samir Saleem 2/3/ Prepare for and participate on call with J. Grogan, A. Bongartz, D. Newman (all PH), R. Midgett (VNR), S. Anchin, S. Saleem (both OPP) to discuss first day motions, surety bonds, DIP budget, OCP motion and filing date issues (.8); follow up discussion with R. Midgett (VNR) (.2) Scott Anchin 2/3/ Prepare for and participate on call with J. Grogan, A. Bongartz, D. Newman (all PH), R. Midgett (VNR), S. Anchin, S. Saleem (both OPP) to discuss first day motions, surety bonds, DIP budget, OCP motion and filing date issues (.8); follow up discussion with R. Midgett (VNR) (.2) Tatiana Restrepo 2/3/ Research for and review court templates for forecast and reporting purposes. Samir Saleem 2/3/ Review first draft of OCP Motion. Samir Saleem 2/3/ S. Saleem and T. Restrepo (OPP) - Review of the disbursements file against various check registers. Tatiana Restrepo 2/3/ S. Saleem and T. Restrepo (OPP) - Review of the disbursements file against various check registers. Tatiana Restrepo 2/3/ Preparing template for professional fee tracker. Shannon Hofner 2/6/ Generate Account Receivable Aging Report Tatiana Restrepo 2/6/ Downloading and providing the accounting and accounts payable groups with the first day motions.

57 Case Document Filed in TXSB on 06/30/17 Page 17 of 133 Bankruptcy Support Shannon Hofner 2/6/ Perform research related to specified schedule questions to follow-up with company Samir Saleem 2/6/ Prepare for meeting with VNR accounting team to discuss AP bifurcation process and due dates. Scott Anchin 2/6/ Call S. Anchin and T. Restrepo (both OPP) regarding next steps in AP process, MOR, and other bankruptcy work streams Tatiana Restrepo 2/6/ Call S. Anchin and T. Restrepo (both OPP) regarding next steps in AP process, MOR, and other bankruptcy work streams Tatiana Restrepo 2/6/ Discussion S. Saleem and T. Restrepo (both OPP) regarding preparation for initial debtor interview paperwork Samir Saleem 2/6/ Discussion S. Saleem and T. Restrepo (both OPP) regarding preparation for initial debtor interview paperwork Shannon Hofner 2/6/ Meeting with R. Midgett; P. Avila-Eady; Y. Hamadanian; K. Kotlarz (all VNR) and S. Hofner; S. Saleem; T. Restrepo (all OPP) to discuss process to provide notice of Oil and Gas order to vendors, vendor threats, and other bankruptcy matters. Tatiana Restrepo 2/6/ Meeting with R. Midgett; P. Avila-Eady; Y. Hamadanian; K. Kotlarz (all VNR) and S. Hofner; S. Saleem; T. Restrepo (all OPP) to discuss process to provide notice of Oil and Gas order to vendors, vendor threats, and other bankruptcy matters. Samir Saleem 2/6/ Meeting with R. Midgett; P. Avila-Eady; Y. Hamadanian; K. Kotlarz (all VNR) and S. Hofner; S. Saleem; T. Restrepo (all OPP) to discuss process to provide notice of Oil and Gas order to vendors, vendor threats, and other bankruptcy matters. Samir Saleem 2/6/ Review consolidated IS for IDI purposes. Glenn Sniezek 2/6/ Review to data request for Trustee Initial Debtor Interview Samir Saleem 2/6/ Review IDI due diligence requirements for the Trustee. Samir Saleem 2/6/ Review of oil & gas vendor letter and provide updates to Counsel. Tatiana Restrepo 2/6/ Review of reporting calendar including providing comments Shannon Hofner 2/6/ Call with S. Hofner & S. Anchin (both OPP) to discuss Schedules & Statements and related issues Scott Anchin 2/6/ Call with S. Hofner & S. Anchin (both OPP) to discuss Schedules & Statements and related issues Samir Saleem 2/6/ Update VNR calendar in advance of meeting. Samir Saleem 2/6/ Review revised draft of OCP Motion prior to filing. Shannon Hofner 2/6/ Update Tracking Sheet of all source files received for compilation of bankruptcy schedules. Samir Saleem 2/6/ Discussions with S. Saleem and T. Restrepo (both OPP) regarding next steps in AP process and financial reporting for purposes of completing the bankruptcy calendar Tatiana Restrepo 2/6/ Discussions with S. Saleem and T. Restrepo (both OPP) regarding next steps in AP process and financial reporting for purposes of completing the bankruptcy calendar Shannon Hofner 2/6/ Preparation of SOFA Checklist / Workplan Shannon Hofner 2/6/ Preparation of Schedule Checklist / Workplan Tatiana Restrepo 2/6/ Retrieving, format and review support from Bolo for cashflow analysis. Glenn Sniezek 2/6/ Prepare schedule of SG&A expenses per Company 2017 Business Plan in similar detail to data request for Trustee Initial Debtor Interview Tatiana Restrepo 2/6/ Start work on the Initial Report Checklist Glenn Sniezek 2/6/ Prepare supporting schedules and related notes for for Trustee Initial Debtor Interview

58 Case Document Filed in TXSB on 06/30/17 Page 18 of 133 Bankruptcy Support Samir Saleem 2/7/ Discuss insurance policy requirements in Ch 11 (needed for IDI) with the Company. Shannon Hofner 2/7/ Discussion with J. Grogan (PH) regarding noticing of equity holders and related noticing items and perform related follow-up Shannon Hofner 2/7/ Research of noticing issues related to rejection of executory contracts Shannon Hofner 2/7/ Review of order related to complex case designation to communicate related noticing requirements. Shannon Hofner 2/7/ Review petitions to updated Schedule and SOFA database with case information to facilitate completion of schedules Shannon Hofner 2/7/ Coordination and discussion with counsel (PH) regarding interested parties and conflicts for retention application Tatiana Restrepo 2/7/ Discussion S. Hofner and T. Restrepo (both OPP) regarding employee related items needed for Initial Debtor Interview and SOFA and Schedule preparation Tatiana Restrepo 2/7/ Discussion S. Hofner and T. Restrepo (both OPP) regarding various company bankruptcy petition items needed for Initial Debtor Interview Tatiana Restrepo 2/7/ Review and reconciliation of utility exhibit to company records by S. Hofner and T. Restrepo (both OPP) for counsel to respond to creditor inquiries Shannon Hofner 2/7/ Discussion S. Hofner and T. Restrepo (both OPP) regarding employee related items needed for Initial Debtor Interview and SOFA and Schedule preparation Shannon Hofner 2/7/ Discussion S. Hofner and T. Restrepo (both OPP) regarding various company bankruptcy petition items needed for Initial Debtor Interview Shannon Hofner 2/7/ Review and reconciliation of utility exhibit to company records by S. Hofner and T. Restrepo (both OPP) for counsel to respond to creditor inquiries Samir Saleem 2/7/ Review IDI requirements with the Company. Shannon Hofner 2/7/ Discussion of AR aging queries and report with Y. Hamadanian (VNR) and to generate AR for Statement of Financial Affairs. Samir Saleem 2/7/ Discussion with Counsel to answer outstanding questions on Exhibit A of IDI. Shannon Hofner 2/7/ Review of contract files received from A. Abeyta and J. Moon (both VNR) for discussion and incorporation in bankruptcy schedules. Shannon Hofner 2/7/ Review of utility and other deposits; prepare template for uploading into Schedule A/B Samir Saleem 2/7/ Discuss utility payment process with Company and confirm adequate assurance deposit. Shannon Hofner 2/7/ Review of bank account balances at filing date; prepare template for upload into Schedule A/B Glenn Sniezek 2/7/ Call with S. Anchin, G. Sniezek and S. Saleem (all OPP) re: Initial Debtor Interview data request Samir Saleem 2/7/ Call with S. Anchin, G. Sniezek and S. Saleem (all OPP) re: Initial Debtor Interview data request Scott Anchin 2/7/ Call with S. Anchin, G. Sniezek and S. Saleem (all OPP) re: Initial Debtor Interview data request Glenn Sniezek 2/7/ Prepare and related additional information supporting the exhibit for Initial Debtor Interview data request Shannon Hofner 2/7/ Review closed account listing and prepare template for upload into Schedule A/B Tatiana Restrepo 2/7/ Prepare and responding to requests related to the Initial Report. Samir Saleem 2/7/ Complete IDI Exhibit B and all necessary supporting data.

59 Case Document Filed in TXSB on 06/30/17 Page 19 of 133 Bankruptcy Support Samir Saleem 2/7/ Complete numerous other sections of Exhibit A in IDI (based on data provided by Company & Counsel). Shannon Hofner 2/7/ Coordination of Schedule/SOFA process and identified open items Samir Saleem 2/7/ Review all insurance policy data and compile Exhibit C for IDI Due Diligence. Tatiana Restrepo 2/7/ Continue work on the Initial Report and make related requests. Glenn Sniezek 2/7/ Prepare reconciliation of sales and expenses per for Initial Debtor Interview to DIP Budget Tatiana Restrepo 2/7/ Preparing supporting schedules for the Initial Report. Scott Anchin 2/8/ Call with C. Dickerson (PH) to discuss case management and related issues Scott Anchin 2/8/ Call with J. Grogan (PH) regarding Wages motion and workers comp insurance Shannon Hofner 2/8/ Coordinate with A. Abeyta (VNR) to discuss contract data received Shannon Hofner 2/8/ Discussion of pending litigation matters with R. Midgett (VNR) Samir Saleem 2/8/ Gather certificates of good standing for IDI. Glenn Sniezek 2/8/ Call S. Anchin, G. Sniezek, S. Saleem, and T. Restrepo (all OPP) regarding updates to the Initial Debtor Interview Report and utility provider matters. Samir Saleem 2/8/ Call S. Anchin, G. Sniezek, S. Saleem, and T. Restrepo (all OPP) regarding updates to the Initial Debtor Interview Report and utility provider matters. Scott Anchin 2/8/ Call S. Anchin, G. Sniezek, S. Saleem, and T. Restrepo (all OPP) regarding updates to the Initial Debtor Interview Report and utility provider matters. Tatiana Restrepo 2/8/ Call S. Anchin, G. Sniezek, S. Saleem, and T. Restrepo (all OPP) regarding updates to the Initial Debtor Interview Report and utility provider matters. Samir Saleem 2/8/ Call with Counsel to discuss IDI package and financials assumptions. Glenn Sniezek 2/8/ Call S. Anchin (OPP) and G. Sniezek (OPP) re: to Initial Debtor Interview data request Scott Anchin 2/8/ Call S. Anchin (OPP) and G. Sniezek (OPP) re: to Initial Debtor Interview data request Shannon Hofner 2/8/ Call S. Hofner & S. Anchin (both OPP) to discuss open items related to Schedules & Statements Scott Anchin 2/8/ Call S. Hofner & S. Anchin (both OPP) to discuss open items related to Schedules & Statements Tatiana Restrepo 2/8/ Incorporate employee related data gathered into the Initial Report. Shannon Hofner 2/8/ Prepare for and participate in call with D. Newman (PH) to discuss pending litigation and incorporation of case information in Statement of Financial Affairs and Schedules Shannon Hofner 2/8/ Prepare list of outstanding Statement of Financial Affairs and Schedule items for discussion with P. Avila-Eady (VNR) Shannon Hofner 2/8/ Prepare required employee related information for Schedules and SOFAs to discuss with L. Godfrey (VNR) Scott Anchin 2/8/ Review and edit Initial Debtors Interview report Samir Saleem 2/8/ Review IDI draft with R.Midgett (VNR). Samir Saleem 2/8/ Update Exhibit C of IDI based on revised data from Company. Tatiana Restrepo 2/8/ Research on Public filings for information to be included in the Initial Report. Samir Saleem 2/8/ Review finalized P/L used for of IDI. Shannon Hofner 2/8/ Review of schedule information related to real property Samir Saleem 2/8/ Create a consolidated final draft of IDI and distribute to Company for final review. Shannon Hofner 2/8/ Review of intercompany reconciliations received to incorporate in bankruptcy schedules

60 Case Document Filed in TXSB on 06/30/17 Page 20 of 133 Bankruptcy Support Scott Anchin 2/8/ Review reporting requirements and case calendar Shannon Hofner 2/8/ Prepare for and participate in meeting S. Hofner, T. Restrepo, S. Saleem, S. Anchin (all OPP) with VNR accounting and finance personnel to discuss bankruptcy reporting requirements Samir Saleem 2/8/ Prepare for and participate in meeting S. Hofner, T. Restrepo, S. Saleem, S. Anchin (all OPP) with VNR accounting and finance personnel to discuss bankruptcy reporting requirements Scott Anchin 2/8/ Prepare for and participate in meeting S. Hofner, T. Restrepo, S. Saleem, S. Anchin (all OPP) with VNR accounting and finance personnel to discuss bankruptcy reporting requirements Tatiana Restrepo 2/8/ Prepare for and participate in meeting S. Hofner, T. Restrepo, S. Saleem, S. Anchin (all OPP) with VNR accounting and finance personnel to discuss bankruptcy reporting requirements Glenn Sniezek 2/8/ Call with S. Anchin, G. Sniezek and S. Saleem (all OPP) re: Initial Debtor Interview data request Samir Saleem 2/8/ Call with S. Anchin, G. Sniezek and S. Saleem (all OPP) re: Initial Debtor Interview data request Scott Anchin 2/8/ Call with S. Anchin, G. Sniezek and S. Saleem (all OPP) re: Initial Debtor Interview data request Samir Saleem 2/8/ Review Exhibit G data provided by Company and consolidate into IDI package. Samir Saleem 2/8/ Update IDI package based on meeting with Company. Glenn Sniezek 2/8/ Update sales and expenses reconciliation to Tatiana Restrepo 2/8/ Preparing first day motion summary report. Shannon Hofner 2/8/ Update SOFA and Schedule checklist to reflect data files received and outstanding items Samir Saleem 2/8/ Compile complete IDI draft and provide to Company for review. Shannon Hofner 2/8/ Preparation of master upload templates and incorporated selected schedule and SOFA data to send to claims agent Tatiana Restrepo 2/8/ Continue working with supporting data to provide requested data for the Initial Report. Glenn Sniezek 2/8/ Update for Initial Debtor Interview Data Request Tatiana Restrepo 2/8/ Continue working with supporting data to provide requested data for the Initial Report. Shannon Hofner 2/9/ Locate requested pre-petition AP data for specified vendor Shannon Hofner 2/9/ Analysis of well file received and related contracts to determine information to be incorporated into Schedules. Shannon Hofner 2/9/ Follow-up meeting with A. Abeyta (VNR) to further discuss contract and lease questions to prepare data for incorporation in Schedules A/B and G Shannon Hofner 2/9/ Meeting with K. Kotlarz (VNR) to research and discuss lease type for specified lessees for incorporation in Schedules Shannon Hofner 2/9/ Meeting with L. Godfrey (VNR) to discuss employee noticing items and employee related information need for preparation of Statement of Financial Affairs. Shannon Hofner 2/9/ Perform docket research related to litigation matter to incorporate in Schedules and SOFAs Samir Saleem 2/9/ Create new process for proposed check run review. Samir Saleem 2/9/ Finalize IDI package and send to PH for the Trustee. Tatiana Restrepo 2/9/ Download historical and payable data for various utility vendors for analysis Samir Saleem 2/9/ Review and approve this week's check run.

61 Case Document Filed in TXSB on 06/30/17 Page 21 of 133 Bankruptcy Support Shannon Hofner 2/9/ Perform follow-up research related to lease data provided to incorporate into Schedule A/B Shannon Hofner 2/9/ Status update call with S. Hofner & S. Anchin (both OPP) to discuss real property assets and contracts for incorporation in Schedules Scott Anchin 2/9/ Status update call with S. Hofner & S. Anchin (both OPP) to discuss real property assets and contracts for incorporation in Schedules Shannon Hofner 2/9/ Prepare for meetings with VNR personnel regarding outstanding items and questions for preparation of SOFAs and Schedules Shannon Hofner 2/9/ Meeting and related follow-up with A. Abeyta (VNR) to discuss lease and contract files provided for incorporation into bankruptcy schedules Tatiana Restrepo 2/9/ Meeting with Y. Hamadanian (VNR) to go over bifurcation of invoices prior to running payments. Shannon Hofner 2/9/ Meeting with P. Avila-Eady (VNR) to research and discuss open items and data requests related to preparation of SOFAs and Schedules Tatiana Restrepo 2/9/ Review and respond to various s regarding utility providers. Samir Saleem 2/9/ Build proposed check run review analysis file for weekly verifications (for Co. 130) Tatiana Restrepo 2/9/ Download various invoices and reviewing for bifurcation purposes. Samir Saleem 2/9/ Build proposed check run review analysis file for weekly verifications (for Co. 1) Shannon Hofner 2/10/ Prepare listing of restructuring professionals and forward to colleague to run payment history to incorporate in SOFA 11 Shannon Hofner 2/10/ Coordinate with A. Abeyta and P. Avila-Eady (VNR) to discuss additional data requests related to completion of Statement of Financial Affairs Shannon Hofner 2/10/ Prepare additional litigation notice parties and forward to Prime Clerk for incorporation in creditor matrix Shannon Hofner 2/10/ Research and follow-up on noticing and creditor matrix items and coordinate with claims agent Shannon Hofner 2/10/ Preparation of master litigation file listing all cases for incorporated in schedules; forwarded to PH for review and further research Scott Anchin 2/13/ Call with R. Midgett (VNR) to discuss Initial Debtor Interview Shannon Hofner 2/13/ Discussion S. Hofner and T. Restrepo (both OPP) regarding A/R aging and related A/R accounts for incorporation in SOFAs and Schedules Tatiana Restrepo 2/13/ Discussion S. Hofner and T. Restrepo (both OPP) regarding A/R aging and related A/R accounts for incorporation in SOFAs and Schedules Shannon Hofner 2/13/ Reviewing well files with S. Hofner, and G. Sniezek (both OPP) for the schedules and statement. Scott Anchin 2/13/ Call with J. Grogan (PH), R. Robert, R. Midgett (VNR) to discuss Initial Debtor Interview meeting with US Trustee Shannon Hofner 2/13/ Meeting with various members of the accounting and AP teams (VNR) and S. Hofner, S. Saleem, and T. Restrepo (all OPP) to discuss new invoice review process, and related company questions. Samir Saleem 2/13/ Meeting with various members of the accounting and AP teams (VNR) and S. Hofner, S. Saleem, and T. Restrepo (all OPP) to new invoice review process, and related company questions. Tatiana Restrepo 2/13/ Meeting with various members of the accounting and AP teams (VNR) and S. Hofner, S. Saleem, and T. Restrepo (all OPP) to new invoice review process, and related company questions. Shannon Hofner 2/13/ Discussion S. Hofner and T. Restrepo (both OPP) regarding analysis of new well data file received.

62 Case Document Filed in TXSB on 06/30/17 Page 22 of 133 Bankruptcy Support Tatiana Restrepo 2/13/ Discussion S. Hofner and T. Restrepo (both OPP) regarding analysis of new well data file received. Tatiana Restrepo 2/13/ Discussion S. Hofner and T. Restrepo (both OPP) with A. Abeyta (VNR) to discuss updates to well file to incorporate into bankruptcy schedules Shannon Hofner 2/13/ Discussion S. Hofner and T. Restrepo (both OPP) with A. Abeyta (VNR) to discuss updates to well file to incorporate into bankruptcy schedules Shannon Hofner 2/13/ Discussion S. Hofner, G. Sniezek (both OPP) of well file received to discuss incorporation of in real property asset schedule A/B Glenn Sniezek 2/13/ Discussion S. Hofner, G. Sniezek (both OPP) of well file received to discuss incorporation of in real property asset schedule A/B Samir Saleem 2/13/ Review Potato Hills financial package prepared as of 12/31/16 (for Report). Samir Saleem 2/13/ Review updated insurance declaration as part of Bankruptcy code. Samir Saleem 2/13/ Review of equipment transfer request. Shannon Hofner 2/13/ Call S. Anchin, G. Sniezek, S. Hofner, and T. Restrepo (all OPP) regarding case updates, plan for claims process, and other bankruptcy matters. Glenn Sniezek 2/13/ Call S. Anchin, G. Sniezek, S. Hofner, and T. Restrepo (all OPP) regarding case updates, plan for claims process, and other bankruptcy matters. Scott Anchin 2/13/ Call S. Anchin, G. Sniezek, S. Hofner, and T. Restrepo (all OPP) regarding case updates, plan for claims process, and other bankruptcy matters. Tatiana Restrepo 2/13/ Call S. Anchin, G. Sniezek, S. Hofner, and T. Restrepo (all OPP) regarding case updates, plan for claims process, and other bankruptcy matters. Samir Saleem 2/13/ Prepare for weekly update meeting with the Company and Opportune. Shannon Hofner 2/13/ Update SOFA and Schedule checklists in preparation for status meeting call. Shannon Hofner 2/13/ Perform well file analysis to prepare data for incorporation into real property Schedule A/B Tatiana Restrepo 2/14/ Review of motion establishing procedures for Professional compensation and expense reimbursement. Shannon Hofner 2/14/ Meeting S. Hofner and T. Restrepo (both OPP) with A. Abeyta (VNR) regarding well file and related interests for incorporation in Schedules. Tatiana Restrepo 2/14/ Meeting S. Hofner and T. Restrepo (both OPP) with A. Abeyta (VNR) regarding well file and related interests for incorporation in Schedules. Samir Saleem 2/14/ Meeting with Company to discuss Report and 341 Meeting prep. Shannon Hofner 2/14/ Perform follow-up analysis related to well file received for incorporation in Real Property Schedule. Shannon Hofner 2/14/ Review and analysis of well file to discuss follow-up items with A. Abeyta (VNR). Shannon Hofner 2/14/ Participate in meeting with L. Godfrey and E. Cowling (VNR) to review and discuss contracts inventoried to date for incorporation in Schedule G. Scott Anchin 2/14/ Review sample MOR formats; including company's financial statements and 10K Samir Saleem 2/14/ Research the joint interesting billing impact on utilities payments. Samir Saleem 2/14/ Review and update Payment Guide drafted by Counsel. Shannon Hofner 2/14/ Perform follow-up related to contract meeting; set up box folder and loaded additional agreements received for company to review additional agreements received. Shannon Hofner 2/14/ Analysis of consolidated financials to continue preparation of operating and nonoperating revenue for incorporation in Statement of Financial Affairs. Shannon Hofner 2/14/ Analysis of consolidated financials to begin preparation of operating and nonoperating revenue for incorporation in Statement of Financial Affairs.

63 Case Document Filed in TXSB on 06/30/17 Page 23 of 133 Bankruptcy Support Tatiana Restrepo 2/15/ s with Y. Hamadanian (VNR) over the payment review and bifurcation process for this week. Tatiana Restrepo 2/15/ Discussion with Y. Hamadanian (VNR) over utility invoices and payment guidelines. Tatiana Restrepo 2/15/ Review and respond to various s regarding surety bonds. Shannon Hofner 2/15/ Coordinate with B. Pence (VNR) to obtain information related to inventory Shannon Hofner 2/15/ Review of bifurcation file to determine if it can be used for 90 day payments. Shannon Hofner 2/15/ Review of prepaid operator information for incorporation in Schedules. Samir Saleem 2/15/ Call with Paul Hastings, S.Anchin (Opp), S.Saleem (OPP) to discuss utility payment procedures. Scott Anchin 2/15/ Call with Paul Hastings, S.Anchin (Opp), S.Saleem (OPP) to discuss utility payment procedures. Shannon Hofner 2/15/ Locate vendor IDs for employees receiving expense reimbursements to remove from 90 day payments for preparation of Statement of Financial Affairs. Samir Saleem 2/15/ Meeting with S.Anchin (OPP) and S.Saleem (OPP) to review all current workstreams and team work plan. Scott Anchin 2/15/ Meeting with S.Anchin (OPP) and S.Saleem (OPP) to review all current workstreams and team work plan. Samir Saleem 2/15/ Review Report samples. Shannon Hofner 2/15/ Update SOFA/Schedule Checklist; identified remaining open items. Scott Anchin 2/15/ Call with J. Grogan (PH), B. Pence (VNR) to discuss utility adequate assurance deposit and related issues Tatiana Restrepo 2/15/ s and downloading financial data regarding prepetition AP to estimate prepetition claims. Samir Saleem 2/15/ Review proposed check run for Company 130. Scott Anchin 2/15/ Prepare for and participate on call with D. Hubnall (VNR) regarding legal issue Samir Saleem 2/15/ Review MOR template and samples provided to UST in order to customize for VNR. Tatiana Restrepo 2/15/ Meeting with Y. Hamadanian (VNR) to go over bifurcation of invoices prior to payments. Samir Saleem 2/15/ Review proposed check run for Company 1. Tatiana Restrepo 2/15/ Review of various vendor invoices included in the aging report to come up with a claims estimate. Shannon Hofner 2/15/ Review and analysis of lien search results received to prepare information for inclusion in Schedule D Samir Saleem 2/15/ Create new AP aging analysis for purposes of claims estimations. Samir Saleem 2/16/ Review final proposed check run and approve. Shannon Hofner 2/16/ Meeting with R. Midgett (VNR) to follow-up on selected items related to preparation of Statement of Financial Affairs Shannon Hofner 2/16/ Review of additional data provided by the company related to secured claims for incorporation in Schedules of Assets and Liabilities Shannon Hofner 2/16/ Prepare for meeting with S. Anchin (OPP) to discuss SOFAs and Schedules Shannon Hofner 2/16/ Research and address creditor matrix/noticing items with Prime Clerk Tatiana Restrepo 2/16/ Review and respond to various s regarding invoices in payable aging. Shannon Hofner 2/16/ R. Midgett (VNR), S. Anchin, S. Hofner, S. Saleem, and T. Restrepo (all OPP) call to discuss Debtors' assets by entity. Samir Saleem 2/16/ R. Midgett (VNR), S. Anchin, S. Hofner, S. Saleem, and T. Restrepo (all OPP) call to discuss Debtors' assets by entity.

64 Case Document Filed in TXSB on 06/30/17 Page 24 of 133 Bankruptcy Support Scott Anchin 2/16/ R. Midgett (VNR), S. Anchin, S. Hofner, S. Saleem, and T. Restrepo (all OPP) call to discuss Debtors' assets by entity. Tatiana Restrepo 2/16/ R. Midgett (VNR), S. Anchin, S. Hofner, S. Saleem, and T. Restrepo (all OPP) call to discuss Debtors' assets by entity. Shannon Hofner 2/16/ Perform related follow-up regarding open items for SOFAs and Schedules Tatiana Restrepo 2/16/ Meeting with Y. Hamadanian (VNR) to go over bifurcation of invoices prior to payments. Scott Anchin 2/16/ Review s and supporting information on Oklahoma legal issue; prepare s to counsel to discuss course of action Samir Saleem 2/16/ Review latest AP aging data for both Companies. Samir Saleem 2/16/ Create new AP analysis to determine pre-petition balances for claims estimates (for Co 130). Shannon Hofner 2/16/ Update SOFA and Schedule checklists and identified outstanding items. Samir Saleem 2/16/ Update intercompany matrix and create variance analysis. Scott Anchin 2/16/ Prepare legal entity analysis; review intercompany schedules and trial balances; meeting with R. Midgett (VNR) to discuss related issues Tatiana Restrepo 2/16/ Review Recommended Payment reports utility and G&A invoices in detail for bifurcation purposes. Samir Saleem 2/17/ Call with S. Anchin (OPP) and S. Saleem (OPP) to discuss GUC Analysis, Outstanding AP, post-petition liabilities. Scott Anchin 2/17/ Call with S. Anchin (OPP) and S. Saleem (OPP) to discuss GUC Analysis, Outstanding AP, post-petition liabilities. Shannon Hofner 2/17/ Update SOFA and Schedule tracking spreadsheets to identify open items. Samir Saleem 2/17/ Discussions with Company regarding intercompany balances. Samir Saleem 2/17/ Create consolidated intercompany matrix analysis for Dec 31. Samir Saleem 2/17/ Create new AP analysis to determine pre-petition balances for claims estimates (for Co 1). Scott Anchin 2/17/ Prepare analysis of entities including assets and liabilities specific to each entity Samir Saleem 2/17/ Create convinience class sensitivity analysis for Company 1 & 130. Scott Anchin 2/18/ Prepare analysis of entities including assets and liabilities specific to each entity Scott Anchin 2/18/ Prepare intercompany analysis Shannon Hofner 2/20/ Preparation of upload template related to 90 payments and coordinate completion of file for upload into SOFAs Tatiana Restrepo 2/20/ communications regarding treatment of certain pre-petition liabilities with PH. Samir Saleem 2/20/ Create consolidated list of open items on intercompany matrix to review with Company. Samir Saleem 2/20/ Review Dec 2015 intercompany matrix. Shannon Hofner 2/20/ Preparation of prepetition invoice listing from system for incorporation in Schedule F Shannon Hofner 2/20/ S. Hofner, S. Saleem, T. Restrepo (all OPP) meeting with various representatives from VNR's treasury and accounting groups to discuss Monthly Operating Reports, payments process, and other bankruptcy reporting requirements. Samir Saleem 2/20/ S. Hofner, S. Saleem, T. Restrepo (all OPP) meeting with various representatives from VNR's treasury and accounting groups to discuss Monthly Operating Reports, payments process, and other bankruptcy reporting requirements.

65 Case Document Filed in TXSB on 06/30/17 Page 25 of 133 Bankruptcy Support Tatiana Restrepo 2/20/ S. Hofner, S. Saleem, T. Restrepo (all OPP) meeting with various representatives from VNR's treasury and accounting groups to discuss Monthly Operating Reports, payments process, and other bankruptcy reporting requirements. Shannon Hofner 2/20/ Run AP aging for preparation of Schedule F Samir Saleem 2/20/ Update MOR template for VNR use. Shannon Hofner 2/20/ Continue preparation of AP Aging information to prepare Schedule F Eason Qiu 2/21/ E. Qiu, T. Restrepo (both OPP) call to discuss the professional fee tracker and procedures to update. Tatiana Restrepo 2/21/ E. Qiu, T. Restrepo (both OPP) call to discuss the professional fee tracker and procedures to update. Shannon Hofner 2/21/ Discussion with L. Godfrey (VNR) regarding payment of vendors. Shannon Hofner 2/21/ Update litigation file for incorporation in schedules Samir Saleem 2/21/ Prepare for weekly update meeting with the Company and Opportune. Samir Saleem 2/21/ Prepare for intercompany transactions meeting with the Company. Shannon Hofner 2/21/ S. Hofner, G. Sniezek, S. Saleem, and T. Restrepo (all OPP) discussion regarding payments to bankruptcy professionals. Glenn Sniezek 2/21/ S. Hofner, G. Sniezek, S. Saleem, and T. Restrepo (all OPP) discussion regarding payments to bankruptcy professionals. Samir Saleem 2/21/ S. Hofner, G. Sniezek, S. Saleem, and T. Restrepo (all OPP) discussion regarding payments to bankruptcy professionals. Tatiana Restrepo 2/21/ S. Hofner, G. Sniezek, S. Saleem, and T. Restrepo (all OPP) discussion regarding payments to bankruptcy professionals. Shannon Hofner 2/21/ Discussion with R. Midgett (VNR) regarding lease file and well information provided and additional detail needed for incorporation in bankruptcy schedules Samir Saleem 2/21/ Review and validate revised AP aging files to determine pre-petition AP balances. Samir Saleem 2/21/ Meeting with the Company to discuss funds flows and 12/31/16 intercompany matrix. Samir Saleem 2/21/ Update intercompany analysis based on meeting with the Company. Samir Saleem 2/21/ Update Legal Entity Summary file based on meeting with the Company. Eason Qiu 2/21/ Update data for the professional fee tracker. Shannon Hofner 2/22/ Discussion S. Anchin, S. Saleem, S. Hofner (all OPP) regarding pre-petition AP amounts for incorporation in Schedules. Shannon Hofner 2/22/ Discussion S. Saleem and S. Hofner (both OPP) regarding Open AP data analysis and related work streams Samir Saleem 2/22/ Discussion S. Saleem and S. Hofner (both OPP) regarding Open AP data analysis and related work streams Shannon Hofner 2/22/ Discussion with L. Godfrey (VNR) regarding Chapter 11 inquiries and payments to specific parties Samir Saleem 2/22/ Discussions with the Company regarding Reporting requirements/restrictions. Shannon Hofner 2/22/ Follow-up related to outstanding AP Shannon Hofner 2/22/ Update SOFA and Schedule checklists Shannon Hofner 2/22/ Review of land contracts received. Samir Saleem 2/22/ Call with Counsel to discuss Report. Shannon Hofner 2/22/ Discussion with J. Grogan (PH) regarding outstanding items on Schedules and SOFAs Tatiana Restrepo 2/22/ Search for certain vendors prepetition payable balances in the accounting system.

66 Case Document Filed in TXSB on 06/30/17 Page 26 of 133 Bankruptcy Support Shannon Hofner 2/22/ Update schedule templates and forward them to claims agent. Samir Saleem 2/22/ Discussions with the Company to determine pre-petition liabilities in accounting system. Shannon Hofner 2/22/ Begin preparation of SOFA 25 related business interests Shannon Hofner 2/22/ Preparation of organizational structure for incorporation in Schedules Shannon Hofner 2/22/ Prepare updates to Schedule F related to intercompany payables Samir Saleem 2/22/ Review Potato Hills joint venture agreement for reporting requirements. Samir Saleem 2/22/ Review the January 2017 financial package for Potato Hills. Samir Saleem 2/22/ Create draft of all assumptions and notes for Report. Samir Saleem 2/22/ Update proposed check run files for Company 1 & Company 130. Samir Saleem 2/22/ Create all draft exhibits for Report. Tatiana Restrepo 2/22/ Review recommended payments report for Vanguard Natural Gas to ensure proper bifurcation has been made. Organize comments and provide to VNR. Scott Anchin 2/23/ Call with PH (J. Grogan, D. Newman), R.Midgett (VNR) to discuss vendor related issues Shannon Hofner 2/23/ Discussion with P. Avila-Eady (VNR) to research and discuss open questions related to preparation of SOFAs and Schedules Scott Anchin 2/23/ Review & respond to s from Company & counsel regarding Chapter 11 issues Tatiana Restrepo 2/23/ Review of invoices received from AP team to be bifurcated. Samir Saleem 2/23/ Review final proposed check run and approve. Scott Anchin 2/23/ Prepare liquidity analysis for call with Advisors Samir Saleem 2/23/ Review Continuum letter and provide Counsel with comments. Samir Saleem 2/23/ Review intercompany matrix variance (2015 vs 2016) and update legal entity summary. Tatiana Restrepo 2/23/ Meetings with Y. Hamadanian (VNR) to discuss results of invoice review for the week. Tatiana Restrepo 2/23/ Review recommended payments report for Vanguard Operating to ensure proper bifurcation has been made. Shannon Hofner 2/24/ Update SOFA and Schedule tracking spreadsheets to identify open items. Samir Saleem 2/24/ Review S.Anchin's (OPP) comments on Report and proposed edits. Scott Anchin 2/24/ Call with J. Grogan (PH), R.Midgett (VNR) to discuss first day motions and related issues Scott Anchin 2/24/ Review draft of de minimis asset sale motion; prepare s to discuss changes Samir Saleem 2/24/ Review and comment on redline Insurance Motion received from Counsel. Samir Saleem 2/24/ Review and comment on redline Wages Motion received from Counsel. Shannon Hofner 2/24/ Begin preparation of executory contract counterparty list for Prime Clerk for noticing of Disclosure Statement. Samir Saleem 2/24/ Review and comment on redline Excess Asset Sale Motion received from Counsel. Scott Anchin 2/24/ Review creditor advisor diligence requests; prepare schedule and send correspondences regarding internal review and discussions Scott Anchin 2/24/ Review draft of report; prepare to S. Saleem (OPP) with revisions Shannon Hofner 2/24/ Status meeting E. Qiu, S. Hofner, and T. Restrepo (all OPP) regarding SOFA and Schedule prep, reporting requirements and corresponding timeline. Eason Qiu 2/24/ Status meeting E. Qiu, S. Hofner, and T. Restrepo (all OPP) regarding SOFA and Schedule prep, reporting requirements and corresponding timeline.

67 Case Document Filed in TXSB on 06/30/17 Page 27 of 133 Bankruptcy Support Tatiana Restrepo 2/24/ Status meeting E. Qiu, S. Hofner, and T. Restrepo (all OPP) regarding SOFA and Schedule prep, reporting requirements and corresponding timeline. Samir Saleem 2/24/ Review DIP Credit Agreement Summary. Samir Saleem 2/26/ Call with S.Anchin (OPP) & S.Saleem (OPP) to discuss UCC open items and numerous other workstreams. Scott Anchin 2/26/ Call with S.Anchin (OPP) & S.Saleem (OPP) to discuss UCC open items and numerous other workstreams. Scott Anchin 2/27/ Call with J. Grogan (PH), R. Midgett (VNR) regarding first day motions and other court filings Scott Anchin 2/27/ Call with R. Midgett (VNR) to discuss first day motions and payment thresholds Samir Saleem 2/27/ Meeting with Company regarding employee data for wage motion (and 2017 metrics). Shannon Hofner 2/27/ Weekly meeting S. Saleem, S. Hofner, T. Restrepo (all OPP) with various representatives from VNR's treasury and accounting groups to discuss Monthly Operating Reports, payments process, and other bankruptcy reporting requirements. Samir Saleem 2/27/ Weekly meeting S. Saleem, S. Hofner, T. Restrepo (all OPP) with various representatives from VNR's treasury and accounting groups to discuss Monthly Operating Reports, payments process, and other bankruptcy reporting requirements. Samir Saleem 2/27/ Meeting with Company regarding employee data for wage motion. Samir Saleem 2/27/ Review revised utilities order and provide comments. Scott Anchin 2/27/ Call with L. Godfrey (VNR) regarding Wages motion and related issues; review employee bonus calculation Shannon Hofner 2/27/ Complete preparation of executory contract counterparty list for Prime Clerk for noticing of Disclosure Statement. Scott Anchin 2/27/ Prepare analysis of legal entities Glenn Sniezek 2/27/ Weekly call with internal Opportune team (S.Anchin, T.Restrepo, G.Sniezek, S.Saleem, S.Hofner) Shannon Hofner 2/27/ Weekly call with internal Opportune team (S.Anchin, T.Restrepo, G.Sniezek, S.Saleem, S.Hofner). Samir Saleem 2/27/ Weekly call with internal Opportune team (S.Anchin, T.Restrepo, G.Sniezek, S.Saleem, S.Hofner). Scott Anchin 2/27/ Weekly call with internal Opportune team (S.Anchin, T.Restrepo, G.Sniezek, S.Saleem, S.Hofner). Tatiana Restrepo 2/27/ Create summary of the taxes included in the tax motion. Tatiana Restrepo 2/27/ Review and respond to various s regarding the wage motion. Scott Anchin 2/27/ Review intercompany analysis and prepare edits Shannon Hofner 2/28/ Review land contract information received to date to verify completeness for incorporation in Schedules Scott Anchin 2/28/ Review changes to Oil & Gas motion and Wages motion; calls and s with A. Bongartz (PH) to discuss issues Tatiana Restrepo 2/28/ Update the reporting calendar based on reporting deadlines provided by Paul Hastings. Scott Anchin 2/28/ Prepare for second day hearings, review first day motions and other court filings Samir Saleem 2/28/ Review DIP Agreement Summary for covenant breakouts. Tatiana Restrepo 2/28/ Download payables report and categorize vendors to obtain an estimate of prepetition general and administrative invoices outstanding.

68 Case Document Filed in TXSB on 06/30/17 Page 28 of 133 Bankruptcy Support Samir Saleem 2/28/ Update Report files based on feedback from Counsel and S.Anchin. Samir Saleem 2/28/ Update VNR BK calendar, reporting, and covenant analysis. Glenn Sniezek 3/1/ G. Sniezek, S. Saleem, and T. Restrepo (all OPP) call to discuss additional requirements per the final Oil and Gas Motion. Samir Saleem 3/1/ G. Sniezek, S. Saleem, and T. Restrepo (all OPP) call to discuss additional requirements per the final Oil and Gas Motion. Tatiana Restrepo 3/1/ G. Sniezek, S. Saleem, and T. Restrepo (all OPP) call to discuss additional requirements per the final Oil and Gas Motion. Scott Anchin 3/1/ Prepare and respond to various s with Company related to Ch 11 cases and related issues Tatiana Restrepo 3/1/ Review and respond to various s regarding utility and oil and gas orders. Samir Saleem 3/1/ Review of amended Oil & Gas Motion ahead of court hearing. Samir Saleem 3/1/ Review of amended Wages Motion ahead of court hearing. Tatiana Restrepo 3/1/ Review orders and docket for this week. Tatiana Restrepo 3/1/ Updates and testing of professional fee tracker. Scott Anchin 3/2/ Review professional fee forecast and prepare to counsel with questions Samir Saleem 3/2/ Discuss with Company the payments that need to be made as part of the Utility Order. Scott Anchin 3/2/ Call with VNR (D. Hudnall, M. Stack), J. Grogan (PH) to discuss vendor related issue Glenn Sniezek 3/2/ Meeting with S. Saleem (OPP) and G. Sniezek (OPP) re: reporting of disbursements under Oil & Gas 1st Day Motion Samir Saleem 3/2/ Meeting with S. Saleem (OPP) and G. Sniezek (OPP) re: reporting of disbursements under Oil & Gas 1st Day Motion. Samir Saleem 3/2/ Update proposed check run files for Company 1 & Company 130. Tatiana Restrepo 3/2/ Discussion with Y. Hamadanian (VNR) regarding payments bifurcation. Tatiana Restrepo 3/2/ Updates to the professional fee tracker. Tatiana Restrepo 3/2/ Downloading and reviewing recommended payments reports and invoices from Bolo for company 1. Tatiana Restrepo 3/2/ Downloading and reviewing recommended payments reports and invoices from Bolo for company 130 Samir Saleem 3/3/ Review final proposed check run and approve. Tatiana Restrepo 3/3/ Review new payment guidelines provided by PH. Tatiana Restrepo 3/3/ Update vendor mapping with additional vendors paid this week. Tatiana Restrepo 3/3/ Updates to the professional fee tracker. Tatiana Restrepo 3/5/ Continue to work on vendor mapping. Glenn Sniezek 3/6/ S. Anchin, S. Hofner, G. Sniezek, T. Restrepo (all OPP) meeting to discuss case progress and filing requirements. Scott Anchin 3/6/ S. Anchin, S. Hofner, G. Sniezek, T. Restrepo (all OPP) meeting to discuss case progress and filing requirements. Shannon Hofner 3/6/ S. Anchin, S. Hofner, G. Sniezek, T. Restrepo (all OPP) meeting to discuss case progress and filing requirements. Tatiana Restrepo 3/6/ S. Anchin, S. Hofner, G. Sniezek, T. Restrepo (all OPP) meeting to discuss case progress and filing requirements. Tatiana Restrepo 3/6/ s with Y. Hamadanian (VNR) to discuss vendor payments and reporting requirements. Tatiana Restrepo 3/6/ Meeting with Y. Hamadanian (VNR) to discuss checks voided checks and how to include them in cash flow reporting. Scott Anchin 3/7/ Review schedule of shares holdings; prepare s to counsel to discuss

69 Case Document Filed in TXSB on 06/30/17 Page 29 of 133 Bankruptcy Support Scott Anchin 3/7/ Review and respond to misc. questions from Company and advisors relating to Ch 11 case and other bankruptcy issues Tatiana Restrepo 3/8/ Verification of certain vendor payments and preparing confirmation to the lawyers. Tatiana Restrepo 3/8/ s and call with Y. Hamadanian (VNR) regarding invoices to be bifurcated. Tatiana Restrepo 3/8/ Read and review various s regarding OCPs contact information, research Bolo for OCP information. Tatiana Restrepo 3/8/ Review invoices on recommended payments report for Company 1 for bifurcation purposes. Tatiana Restrepo 3/8/ Review invoices on recommended payments report for Company 130 for bifurcation purposes. David Baggett 3/9/ Calls and s between with D. Baggett, S. Anchin (both OPP) to discuss board meeting Scott Anchin 3/9/ Calls and s between with D. Baggett, S. Anchin (both OPP) to discuss board meeting Shannon Hofner 3/9/ Perform invoice research for requested creditor Tatiana Restrepo 3/9/ Analyze vendor letter and make related requests. Tatiana Restrepo 3/9/ Review and respond to s regarding vendor payment. Tatiana Restrepo 3/9/ Read and review various s regarding the report. Tatiana Restrepo 3/9/ Review and respond to various s from VNR regarding vendor matter. Tatiana Restrepo 3/9/ Update forecast in professional fee tracker. Scott Anchin 3/10/ Review and respond to internal s regarding Ch11 case and related issues Tatiana Restrepo 3/10/ Communications via with PH regarding Report. Tatiana Restrepo 3/10/ Meeting with A. Whitton and A. Uy (both VNR) regarding report. Scott Anchin 3/10/ Review report; prepare to counsel Tatiana Restrepo 3/10/ Review of s related to professional payments. Tatiana Restrepo 3/10/ Discussion with P. Avila-Eady (VNR) regarding company payments and related internal s. Tatiana Restrepo 3/10/ Review of report. Scott Anchin 3/13/ Prepare s to D. Newman (PH) and D. Hudnall (VNR) to discuss OCP related issues; review supporting schedules Samir Saleem 3/13/ Prepare for weekly update meeting with the Company and Opportune. Tatiana Restrepo 3/13/ Calls with PH regarding vendor matters. Samir Saleem 3/13/ S. Saleem and T. Restrepo (both OPP) meeting with individuals from VNR's accounting and treasury teams to discuss various bankruptcy process and outstanding items. Tatiana Restrepo 3/13/ S. Saleem and T. Restrepo (both OPP) meeting with individuals from VNR's accounting and treasury teams to discuss various bankruptcy process and outstanding items. Samir Saleem 3/13/ Catch up on all correspondences over the last week while away. Tatiana Restrepo 3/13/ Review and respond to s regarding VNR's cash management. Tatiana Restrepo 3/14/ Review and respond to various s regarding a vendor matter. Samir Saleem 3/14/ Review documents uploaded onto docket since last 2 weeks. Tatiana Restrepo 3/15/ Discussion of OCPs with Y. Hamadanian (VNR) and treatment of their invoices. Tatiana Restrepo 3/15/ Discussions with PH regarding OCPs and related payment process. Tatiana Restrepo 3/15/ Research on treatment of OCPs in other cases. Tatiana Restrepo 3/15/ Discussion with VNR regarding a vendor request and provide counsel with an update.

70 Case Document Filed in TXSB on 06/30/17 Page 30 of 133 Bankruptcy Support Tatiana Restrepo 3/15/ Discussion with Y. Hamadanian (VNR) regarding a pending payment and review of supporting data. Tatiana Restrepo 3/15/ Discussions with Y. Hamadanian (VNR) regarding invoice bifurcation and vendor payments. Samir Saleem 3/15/ Update proposed check run files for Company 1 & Company 130. Tatiana Restrepo 3/15/ Review invoices on recommended payments report for Company 1 for bifurcation purposes. Tatiana Restrepo 3/15/ Review invoices on recommended payments report for Company 130 for bifurcation purposes. Samir Saleem 3/16/ Respond to correspondences regarding bonds issuance, contract rejections. Tatiana Restrepo 3/16/ Updates to the professional fee tracker. Tatiana Restrepo 3/17/ Update to the professional fee tracker. Eason Qiu 3/17/ Discussion E. Qiu and T. Restrepo (both OPP) regarding professional fee tracker. Tatiana Restrepo 3/17/ Discussion E. Qiu and T. Restrepo (both OPP) regarding professional fee tracker. Shannon Hofner 3/20/ Communication with J. Karotkin (PC) to research equity holder list. Samir Saleem 3/20/ Prepare for weekly update meeting with the Company and OPP. Tatiana Restrepo 3/20/ Research in Bolo for vendor mapping. Samir Saleem 3/20/ S. Saleem and T. Restrepo (both OPP) meeting with individuals from VNR's accounting and treasury teams to discuss various bankruptcy process and outstanding items. Tatiana Restrepo 3/20/ S. Saleem and T. Restrepo (both OPP) meeting with individuals from VNR's accounting and treasury teams to discuss various bankruptcy process and outstanding items. Shannon Hofner 3/20/ Review of Asset Sale Motion to identify noticing requirements related to key parties, executory contracts, and cure notices. Samir Saleem 3/20/ Review documents uploaded onto docket since last week. Scott Anchin 3/20/ Attend 341 hearing with R. Robert, R. Midgett (both VNR) and PH (J. Grogan) (.4); meeting with counsel and Company before and after meeting (.6) Scott Anchin 3/20/ Calls with EV (various), VNR (R. Robert, S. Smith, R. Midgett) and PH (various) to discuss and prepare for meeting with UCC and certain Plan related issues; prepare and respond to s related to diligence meeting and other issues Tatiana Restrepo 3/20/ Discussion with A. Whitton (VNR) and review agreement with a counterparty in regards to treatment of their payment. Scott Anchin 3/20/ Meeting with Paul Hastings (J. Grogan, D. Newman) to discuss 341 meeting Samir Saleem 3/20/ Build up of FA fee tracker and reconcile all invoices (pre & post) Samir Saleem 3/20/ Review of professional fee tracker and forecast file. Tatiana Restrepo 3/20/ Download data and combine multiple sources for last week's actuals into template for inclusion into 13 week model. Tatiana Restrepo 3/20/ Update the information being presented in the professional fee tracker, adding new bankruptcy professionals, and updating the forecast. Tatiana Restrepo 3/21/ Review and respond to various s regarding account reconciliations and financial reports needed for various work streams. Samir Saleem 3/21/ S. Saleem and T. Restrepo (both OPP) meeting to discuss updates to the professional fee tracker. Tatiana Restrepo 3/21/ S. Saleem and T. Restrepo (both OPP) meeting to discuss updates to the professional fee tracker.

71 Case Document Filed in TXSB on 06/30/17 Page 31 of 133 Bankruptcy Support Tatiana Restrepo 3/21/ Updating the professional fee tracker. Samir Saleem 3/21/ Review and update the weekly O&G Obligations Report. Samir Saleem 3/21/ Review detailed January financial reconciliations. Samir Saleem 3/22/ Call with PH to discuss oil and gas reporting requirements. Shannon Hofner 3/22/ Discussion with I. Griesman (PH) related to executory contracts related to asset sale and related notice party population. Shannon Hofner 3/22/ Discussion with J. Karotkin (PC) regarding process for receiving claims reports and upcoming noticing related to executory contracts Scott Anchin 3/22/ Discussions S. Anchin, S. Hofner (both OPP) regarding executory contracts related to upcoming asset sale, filed and scheduled claims and related reporting and timelines. Shannon Hofner 3/22/ Discussions S. Anchin, S. Hofner (both OPP) regarding executory contracts related to upcoming asset sale, filed and scheduled claims and related reporting and timelines. Samir Saleem 3/22/ Follow up with Company and PH on check bouncing issues. Shannon Hofner 3/22/ Generation of pre-petition open invoice reports to begin creation of claim estimate report. Scott Anchin 3/22/ Participate on calls with D. Hudnall (VNR) to discuss advisor diligence requests and other issues Shannon Hofner 3/22/ Discussions with D. Newman and J. Grogan (both PH) related to bidding procedures for sale of oil and gas assets, related executory contracts and noticing Tatiana Restrepo 3/22/ Discussions with VNR and s regarding matters around cash management and effects on the actuals to be included in the 13 week. Tatiana Restrepo 3/22/ Downloading Recommended Payments Reports and high-level review. Shannon Hofner 3/22/ Further review of bidding procedures to determine noticing requirements and cure notice information and discuss related executory contracts Shannon Hofner 3/22/ Preparation of employee information related to scheduled items to send to J. Karotkin (PC) to assist with matching of filed to scheduled claims; reconciliation of employee master notice population to scheduled claimants Tatiana Restrepo 3/22/ Review of certain vendors' invoices for payment treatment. Shannon Hofner 3/22/ Review of invoices from recommended payments listing to verify all requested payment amounts are post-petition. Shannon Hofner 3/22/ Preparation of schedule data to incorporate into claims database for matching purposes. Shannon Hofner 3/23/ Follow-up related to contracts incorporated as part of Glasscock Asset Sale and communication with counsel regarding status of selected executory contracts. Shannon Hofner 3/23/ Research of selected lien claims to verify amounts due and confirm related invoices are scheduled for payment. Tatiana Restrepo 3/23/ Downloading final recommended payments reports and review of wire payments data. Samir Saleem 3/23/ Review vehicle due diligence requests and provide PH with backup. Tatiana Restrepo 3/23/ Further review and s with VNR regarding this weeks check run. Tatiana Restrepo 3/23/ Review and respond to various s regarding marketing payments to be made via wire. Shannon Hofner 3/23/ Review of remaining invoices from recommended payments list to verify all requested payment amounts are pre-petition. Shannon Hofner 3/23/ Preparation of schedule data to incorporate into claims database for matching purposes.

72 Case Document Filed in TXSB on 06/30/17 Page 32 of 133 Bankruptcy Support Shannon Hofner 3/24/ Research related to deadline to serve bar date notice and identification of additional notice parties for service Samir Saleem 3/27/ Prepare for weekly update meeting with the Company and Opportune. Samir Saleem 3/27/ S. Saleem and T. Restrepo (both OPP) meeting with individuals from VNR's accounting and treasury teams to discuss various bankruptcy process and outstanding items. Tatiana Restrepo 3/27/ S. Saleem and T. Restrepo (both OPP) meeting with individuals from VNR's accounting and treasury teams to discuss various bankruptcy process and outstanding items. Glenn Sniezek 3/27/ Team update call S. Anchin, S. Saleem, G. Sniezek, T. Restrepo, S. Hofner (all OPP) regarding case status and related work streams. Samir Saleem 3/27/ Team update call S. Anchin, S. Saleem, G. Sniezek, T. Restrepo, S. Hofner (all OPP) regarding case status and related work streams. Scott Anchin 3/27/ Team update call S. Anchin, S. Saleem, G. Sniezek, T. Restrepo, S. Hofner (all OPP) regarding case status and related work streams. Shannon Hofner 3/27/ Team update call S. Anchin, S. Saleem, G. Sniezek, T. Restrepo, S. Hofner (all OPP) regarding case status and related work streams. Tatiana Restrepo 3/27/ Team update call S. Anchin, S. Saleem, G. Sniezek, T. Restrepo, S. Hofner (all OPP) regarding case status and related work streams. Samir Saleem 3/27/ Work through 2 vendor payment issues with the Company. Shannon Hofner 3/27/ Research and discussion related to scheduled and filed claim amounts for tax entities; discussion with J. Monroe (VNR) regarding claims reconciliation process. Scott Anchin 3/27/ Review draft of Monthly Operating report; prepare edits and comments Scott Anchin 3/28/ Discussions S. Anchin, S. Hofner (both OPP) regarding current work streams, status and timing related to upcoming deadlines. Shannon Hofner 3/28/ Discussions S. Anchin, S. Hofner (both OPP) regarding current work streams, status and timing related to upcoming deadlines. Shannon Hofner 3/28/ Discussions S. Hofner, T. Restrepo (both OPP) regarding professional fee tracker and related invoices Tatiana Restrepo 3/28/ Discussions S. Hofner, T. Restrepo (both OPP) regarding professional fee tracker and related invoices Glenn Sniezek 3/28/ Discussions S. Saleem, S. Hofner, G. Sniezek (all OPP) regarding tracking of professional fees and preparation for call with UCC. Samir Saleem 3/28/ Discussions S. Saleem, S. Hofner, G. Sniezek (all OPP) regarding tracking of professional fees and preparation for call with UCC. Shannon Hofner 3/28/ Discussions S. Saleem, S. Hofner, G. Sniezek (all OPP) regarding tracking of professional fees and preparation for call with UCC. Samir Saleem 3/28/ Review revised pre/post petition liabilities analysis based on meeting. Samir Saleem 3/28/ Work with the Company on updating utility deposit account. Samir Saleem 3/28/ Review documents uploaded onto docket since filing. Samir Saleem 3/28/ Review and update weekly Oil & Gas Obligations Report. Samir Saleem 3/28/ Review pre/post petition liabilities analysis. Shannon Hofner 3/28/ Research related to nature of specified 90 day payments to discuss with FTI Shannon Hofner 3/28/ Review of additional professional fee invoices received; input into professional fee tracker to update actuals. Shannon Hofner 3/28/ Continue review of invoices on hold to determine true pre-petition claim exposure. David Baggett 3/29/ Call with D. Baggett, S. Anchin (both OPP) to discuss Plan status and related issues

73 Case Document Filed in TXSB on 06/30/17 Page 33 of 133 Bankruptcy Support Scott Anchin 3/29/ Call with D. Baggett, S. Anchin (both OPP) to discuss Plan status and related issues Scott Anchin 3/29/ Call with S. Smith (VNR) regarding cash flow forecasts and creditor diligence requests Scott Anchin 3/29/ Review and respond to s from counsel and Company regarding Chapter 11 related issues and other matters Glenn Sniezek 3/29/ Discussion G. Sniezek, S. Hofner (both OPP) regarding updating professional fee tracking and incorporating new invoices received. Shannon Hofner 3/29/ Discussion G. Sniezek, S. Hofner (both OPP) regarding updating professional fee tracking and incorporating new invoices received. Shannon Hofner 3/29/ Review of additional invoices received and update professional fee tracker. Shannon Hofner 3/29/ Troubleshooting of claims database; tested logic and update related queries. Shannon Hofner 3/30/ Review of invoices from recommended payments listing to verify all requested payment amounts are post-petition. Samir Saleem 3/30/ Review proposed check run for Company 1. Shannon Hofner 3/30/ Continuation of set-up of claims database to record and track claims and match to scheduled items. Samir Saleem 3/31/ Review work in process workflow from PH. Tatiana Restrepo 4/2/ Review the docket for the week. Tatiana Restrepo 4/2/ Updates to the Professional fee tracker. Glenn Sniezek 4/3/ S. Anchin, G. Sniezek, S. Hofner, S. Saleem, T. Restrepo (all OPP) meeting to discuss case progress and next steps. Samir Saleem 4/3/ Meeting T. Restrepo, S. Saleem, S. Hofner (all OPP) and Vanguard financial and accounting personnel to discuss MOR feedback, claims estimates, and payment issues. Samir Saleem 4/3/ Prepare for weekly call with the Company regarding open items. Samir Saleem 4/3/ S. Anchin, G. Sniezek, S. Hofner, S. Saleem, T. Restrepo (all OPP) meeting to discuss case progress and next steps. Scott Anchin 4/3/ S. Anchin, G. Sniezek, S. Hofner, S. Saleem, T. Restrepo (all OPP) meeting to discuss case progress and next steps. Scott Anchin 4/3/ Review intercompany analysis and supporting schedules Scott Anchin 4/3/ Review vendor/ocp related issue; prepare internal s to discuss and resolve issue Shannon Hofner 4/3/ Meeting T. Restrepo, S. Saleem, S. Hofner (all OPP) and Vanguard financial and accounting personnel to discuss MOR feedback, claims estimates, and payment issues. Shannon Hofner 4/3/ Research and respond to inquiries from D. Newman (PH) regarding leases incorporated in schedules Shannon Hofner 4/3/ S. Anchin, G. Sniezek, S. Hofner, S. Saleem, T. Restrepo (all OPP) meeting to discuss case progress and next steps. Tatiana Restrepo 4/3/ Meeting T. Restrepo, S. Saleem, S. Hofner (all OPP) and Vanguard financial and accounting personnel to discuss MOR feedback, claims estimates, and payment issues. Tatiana Restrepo 4/3/ Research for vendor mapping. Tatiana Restrepo 4/3/ S. Anchin, G. Sniezek, S. Hofner, S. Saleem, T. Restrepo (all OPP) meeting to discuss case progress and next steps. Samir Saleem 4/4/ Research liabilities subject to compromise classification process. Samir Saleem 4/4/ Create detailed tax schedule breaking out all liabilities on the balance sheet. Scott Anchin 4/4/ Review asset sales and related issues Scott Anchin 4/4/ Review and respond to s from Company and OPP regarding Ch 11 related matters and related issues

74 Case Document Filed in TXSB on 06/30/17 Page 34 of 133 Bankruptcy Support Scott Anchin 4/4/ Calls with Evercore regarding Glasscock asset sale Shannon Hofner 4/4/ Meeting with Y. Hamadanian (VNR) to review all invoices on hold and determine remaining pre-petition claim exposure. Shannon Hofner 4/4/ Research of request related to parcel numbers of owned properties in Arkansas. Shannon Hofner 4/4/ Follow-up research related to specified vendors to prepare additional claims estimates related to invoices on hold. Shannon Hofner 4/4/ Research of category of specified vendors in preparation for meeting with Y. Hamadanian (VNR) to discuss claim estimates related invoices on hold. Tatiana Restrepo 4/4/ Review items filed in the docket. Scott Anchin 4/5/ Call with P. Avila Eady (VNR) to discuss software contract rejection and related claim Tatiana Restrepo 4/5/ Download and review recommended payments reports and related invoices. Glenn Sniezek 4/6/ Meeting S. Saleem, G. Sniezek, T. Restrepo, S. Hofner (all OPP) to coordinate case work streams, upcoming deliverables, and open items Samir Saleem 4/6/ Meeting S. Saleem, G. Sniezek, T. Restrepo, S. Hofner (all OPP) to coordinate case work streams, upcoming deliverables, and open items Scott Anchin 4/6/ Review schedule of employment contracts to be assumed; prepare s to D. Faichney (PH) and Opportune to discuss related issues Scott Anchin 4/6/ Review LOS statement; prepare to G. Sniezek (OPP) to discuss changes Scott Anchin 4/6/ Prepare and review draft of employee retention plan Shannon Hofner 4/6/ Meeting S. Saleem, G. Sniezek, T. Restrepo, S. Hofner (all OPP) to coordinate case work streams, upcoming deliverables, and open items Tatiana Restrepo 4/6/ Discussion with A. Whitton (VNR) regarding professionals, including providing a list of restructuring professionals. Tatiana Restrepo 4/6/ Review and respond to various s regarding employee benefits. Tatiana Restrepo 4/6/ Meeting S. Saleem, G. Sniezek, T. Restrepo, S. Hofner (all OPP) to coordinate case work streams, upcoming deliverables, and open items Shannon Hofner 4/7/ Preparation of documentation related to all rejected contracts to forward to VNR financial reporting team accrue for liabilities; updating of contracts database to reflect all rejections to date. Shannon Hofner 4/7/ Design of master template to map information from Prime Clerk's claim listing to claim register fields for consolidation and import of data into claims database. Glenn Sniezek 4/10/ G. Sniezek, S. Hofner, S. Saleem, and T. Restrepo (all OPP) meeting to discuss case progress, claims process, and vendor matters. Samir Saleem 4/10/ G. Sniezek, S. Hofner, S. Saleem, and T. Restrepo (all OPP) meeting to discuss case progress, claims process, and vendor matters. Samir Saleem 4/10/ Meeting T. Restrepo, S. Saleem, S. Hofner (all OPP) and Vanguard financial and accounting personnel to discuss vendor matters, accounting matters, payment issues, and MOR deliverables. Shannon Hofner 4/10/ Docket research to locate requested filings. Shannon Hofner 4/10/ Discussion and research of noticing related to royalty interest owners. Shannon Hofner 4/10/ Follow-up research related to claim reconciliation. Shannon Hofner 4/10/ G. Sniezek, S. Hofner, S. Saleem, and T. Restrepo (all OPP) meeting to discuss case progress, claims process, and vendor matters. Shannon Hofner 4/10/ Initial review of claims objection procedures Shannon Hofner 4/10/ Meeting T. Restrepo, S. Saleem, S. Hofner (all OPP) and Vanguard financial and accounting personnel to discuss vendor matters, accounting matters, payment issues, and MOR deliverables.

75 Case Document Filed in TXSB on 06/30/17 Page 35 of 133 Bankruptcy Support Shannon Hofner 4/10/ Research related to 90 day payments per request of PH Shannon Hofner 4/10/ Research related to noticing of employees. Shannon Hofner 4/10/ Research related to unexpired leases for D. Barron (PH) for filing of motion to extend time to assume or reject leases Tatiana Restrepo 4/10/ G. Sniezek, S. Hofner, S. Saleem, and T. Restrepo (all OPP) meeting to discuss case progress, claims process, and vendor matters. Tatiana Restrepo 4/10/ Meeting T. Restrepo, S. Saleem, S. Hofner (all OPP) and Vanguard financial and accounting personnel to discuss vendor matters, accounting matters, payment issues, and MOR deliverables. Tatiana Restrepo 4/10/ Prepare, review and respond to s regarding OCPs. Samir Saleem 4/11/ Discussion S. Anchin, S. Saleem, T. Restrepo, S. Hofner (all OPP) regarding royalty owners with funds in suspense account, preparation of amended schedules, and related noticing. Samir Saleem 4/11/ Review OCP process with PH to explain to the Company. Scott Anchin 4/11/ Discussion S. Anchin, S. Saleem, T. Restrepo, S. Hofner (all OPP) regarding royalty owners with funds in suspense account, preparation of amended schedules, and related noticing. Shannon Hofner 4/11/ Discussion S. Anchin, S. Saleem, T. Restrepo, S. Hofner (all OPP) regarding royalty owners with funds in suspense account, preparation of amended schedules, and related noticing. Shannon Hofner 4/11/ Discussions T. Restrepo, S. Hofner (both OPP) regarding owners in suspense, including discussion with K. Kotlarz (VNR) to discuss suspense account makeup Shannon Hofner 4/11/ Research of employee noticing issue and discussions with J. Karotkin (PC) Shannon Hofner 4/11/ Research of selected claim estimates. Shannon Hofner 4/11/ Review of claims procedures to facilitate development of claims reconciliation process. Shannon Hofner 4/11/ Research of suspense file against master creditor matrix; identification of additional parties to serve with Notice of Commencement and POC form Shannon Hofner 4/11/ Research related to notice party addresses for selected creditors with funds in suspense account. Shannon Hofner 4/11/ Review of master suspense file received; preparation of parties to incorporate in schedule amendment Tatiana Restrepo 4/11/ Discussion S. Anchin, S. Saleem, T. Restrepo, S. Hofner (all OPP) regarding royalty owners with funds in suspense account, preparation of amended schedules, and related noticing. Tatiana Restrepo 4/11/ Discussion with Y. Hamadanian (VNR) regarding OCPs and procedures OCPS need to follow in order to obtain payment; including update. Tatiana Restrepo 4/11/ Discussions T. Restrepo, S. Hofner (both OPP) regarding owners in suspense, including discussion with K. Kotlarz (VNR) to discuss suspense account makeup Tatiana Restrepo 4/11/ Review of auditor's request related to bankruptcy. Tatiana Restrepo 4/11/ Download and review of the recommended payments reports and review of related invoices. Samir Saleem 4/12/ Participate in meeting with the Company and Opportune regarding liabilities subject to compromise. Samir Saleem 4/12/ Prepare for meeting with the Company regarding Liabilities Subject to Compromise. Samir Saleem 4/12/ Review potential new OCPs and discuss with the Company. Samir Saleem 4/12/ Update the Chapter 11 claims analysis and share with Evercore.

76 Case Document Filed in TXSB on 06/30/17 Page 36 of 133 Bankruptcy Support Shannon Hofner 4/12/ Preparation of amended Schedule F data for incorporation in claims database; updated related tables and queries to match filed to scheduled claims. Tatiana Restrepo 4/12/ Meeting with Y Hamadanian (VNR) to discuss adjustments to this week's payments. Tatiana Restrepo 4/12/ Call with D. Newman (PH) and subsequent s with Counsel and VNR regarding potential new OCPs. Tatiana Restrepo 4/12/ Meeting with A. Whitton and K. Stein (both VNR) regarding liabilities bifurcation for the March MOR. Tatiana Restrepo 4/12/ Pull reports from Bolo an reviewing IT disbursements file for purposes of bifurcation. Tatiana Restrepo 4/12/ Review and respond to various s regarding this week's payments. Samir Saleem 4/13/ Review S. Saleem, S. Hofner (both OPP) of MOR model and preparations for updating with March financials Samir Saleem 4/13/ Discussion S. Saleem, S. Hofner (both OPP) regarding MOR overview and subschedules Samir Saleem 4/13/ Review March bank reconciliation for MOR. Scott Anchin 4/13/ Review de minims asset sale motion; prepare s to counsel to discuss asset sale Shannon Hofner 4/13/ Coordination of noticing related to new parties on amended schedules. Shannon Hofner 4/13/ Review S. Saleem, S. Hofner (both OPP) of MOR model and preparations for updating with March financials Shannon Hofner 4/13/ Discussion S. Saleem, S. Hofner (both OPP) regarding MOR overview and subschedules Glenn Sniezek 4/17/ S. Anchin, G. Sniezek, S. Hofner, S. Saleem, T. Restrepo (all OPP) meeting to discuss case progress and next steps. Samir Saleem 4/17/ Prepare for weekly call with the Company regarding open items. Samir Saleem 4/17/ Review and update Ch. 11 Timeline & Milestone Summary for the Company. Samir Saleem 4/17/ Review cash balance reconciliation for MOR purposes (before sharing with UCC). Samir Saleem 4/17/ S. Anchin, G. Sniezek, S. Hofner, S. Saleem, T. Restrepo (all OPP) meeting to discuss case progress and next steps. Samir Saleem 4/17/ S. Saleem and T. Restrepo (both OPP) meeting with VNR's accounting and treasury teams to discuss various bankruptcy processes and outstanding items. Scott Anchin 4/17/ Call with T. Restrepo, S. Anchin (both OPP) to discuss intercompany related issues Scott Anchin 4/17/ S. Anchin, G. Sniezek, S. Hofner, S. Saleem, T. Restrepo (all OPP) meeting to discuss case progress and next steps. Shannon Hofner 4/17/ Preparation of updated claims register and forward to colleague for discussion and analysis. Shannon Hofner 4/17/ Review of executory contracts for possible assumption with Glasscock Asset sale; updating of contracts database. Shannon Hofner 4/17/ S. Anchin, G. Sniezek, S. Hofner, S. Saleem, T. Restrepo (all OPP) meeting to discuss case progress and next steps. Shannon Hofner 4/17/ Completion of review, categorization, and matching of new claims received from claims agent to assist in claims reconciliation process. Shannon Hofner 4/17/ Preparation of claims analysis report by claim class to estimate total amount of GUC claims for Plan voting.

77 Case Document Filed in TXSB on 06/30/17 Page 37 of 133 Bankruptcy Support Tatiana Restrepo 4/17/ Call with T. Restrepo, S. Anchin (both OPP) to discuss intercompany related issues Tatiana Restrepo 4/17/ S. Anchin, G. Sniezek, S. Hofner, S. Saleem, T. Restrepo (all OPP) meeting to discuss case progress and next steps. Tatiana Restrepo 4/17/ S. Saleem and T. Restrepo (both OPP) meeting with VNR's accounting and treasury teams to discuss various bankruptcy processes and outstanding items. Samir Saleem 4/18/ Update professional fee tracker for new invoices and modelling updates. Samir Saleem 4/18/ Review credit agreements to understand intercompany notes inflows and outflows. Scott Anchin 4/18/ Discussions S. Anchin, S. Hofner (both OPP) regarding claims received to date and related analysis and estimates of GUC claim amounts for Plan. Shannon Hofner 4/18/ Discussions S. Anchin, S. Hofner (both OPP) regarding claims received to date and related analysis and estimates of GUC claim amounts for Plan. Shannon Hofner 4/18/ Preparation of updated claim estimates file and forward to colleague for review. Shannon Hofner 4/18/ Review of requested claims and supporting documentation for research to further update claim estimates. Shannon Hofner 4/18/ Research of invoice detail related to selected claims to determine payment amounts and outstanding balances to further update claim estimates. Tatiana Restrepo 4/18/ Discussion with Y. Hamadanian (VNR) regarding vendor payment matters. Samir Saleem 4/19/ Meeting with Company to discuss open invoices for professionals and Trustee. Samir Saleem 4/19/ Participate in discussions with Counsel to discuss Trustee fees per entity. Samir Saleem 4/19/ Analyze proposed Trustee Fees based on current disbursements data compiled for MOR. Shannon Hofner 4/19/ Discussion T. Restrepo, S. Hofner (both OPP) of financials received for incorporation in Monthly Operating Report. Shannon Hofner 4/19/ Preparation of AP Aging report by vendor to identify upcoming payments. Shannon Hofner 4/19/ Generation of recommended payment reports for review of vendors and proposed invoices Shannon Hofner 4/19/ Incorporation of bank reconciliations into MOR 8 Shannon Hofner 4/19/ Preparation of MOR 6 Shannon Hofner 4/19/ Incorporation of Balance Sheet and Income Statement information into MOR template. Shannon Hofner 4/19/ Preparation of MOR 2 Tatiana Restrepo 4/19/ Discussion T. Restrepo, S. Hofner (both OPP) of financials received for incorporation in Monthly Operating Report. Shannon Hofner 4/20/ Preparation of MOR 9. Shannon Hofner 4/20/ Generation of accounts receivable/jib report; performance of related AR research. Shannon Hofner 4/20/ Generation of check registers related to insiders for incorporation in MOR distributions. Shannon Hofner 4/20/ Continue research of open AP for selected vendors to update estimate for GUC claims pool. Samir Saleem 4/21/ Review AR Aging analysis provided by the Company for March MOR Samir Saleem 4/21/ Review debt roll forward provided for March MOR. Samir Saleem 4/21/ Review TB Tieout file for March provided for MOR. Shannon Hofner 4/21/ Review of updated financials received for incorporation in MOR. Shannon Hofner 4/21/ Preparation of historical payroll data to for specified employees related to KERP plan.

78 Case Document Filed in TXSB on 06/30/17 Page 38 of 133 Bankruptcy Support Shannon Hofner 4/22/ Discussion and review T. Restrepo, S. Hofner (both OPP) of Monthly Operating Report and open items. Shannon Hofner 4/22/ Review of Monthly Operating Report completed to date and identified open issues for follow-up. Tatiana Restrepo 4/22/ Discussion and review T. Restrepo, S. Hofner (both OPP) of Monthly Operating Report and open items. Glenn Sniezek 4/24/ S. Anchin, G. Sniezek, S. Hofner, S. Saleem (all OPP) meeting to discuss case progress and next steps. Glenn Sniezek 4/24/ Review March '17 Monthly Operating Report Balance Sheet rollup from VNR March '17 financials Samir Saleem 4/24/ Meeting S. Saleem, S. Hofner (both OPP) and Vanguard financial and accounting personnel to discuss MOR progress and timing and outstanding payment issues. Samir Saleem 4/24/ Prepare for weekly call with the Company regarding open items. Samir Saleem 4/24/ S. Anchin, G. Sniezek, S. Hofner, S. Saleem (all OPP) meeting to discuss case progress and next steps. Samir Saleem 4/24/ Analyze MOR 2 and MOR 3 for balance sheet reconciliation. Samir Saleem 4/24/ Review and discussion S. Saleem, S. Hofner (both OPP) of current MOR and identification of outstanding items and next steps. Samir Saleem 4/24/ Update MOR file for MOR 5 and MOR 4 data. Samir Saleem 4/24/ Coordination and discussions S. Saleem and S. Hofner (both OPP) to update MOR and update model to reflect liabilities subject to compromise. Scott Anchin 4/24/ Discussion and coordination S. Anchin, S. Hofner (both OPP) with L. Godfrey (VNR) to prepare historical compensation information. Scott Anchin 4/24/ S. Anchin, G. Sniezek, S. Hofner, S. Saleem (all OPP) meeting to discuss case progress and next steps. Scott Anchin 4/24/ Prepare Opportune fee statement Shannon Hofner 4/24/ Discussion and coordination S. Anchin, S. Hofner (both OPP) with L. Godfrey (VNR) to prepare historical compensation information. Shannon Hofner 4/24/ Meeting S. Saleem, S. Hofner (both OPP) and Vanguard financial and accounting personnel to discuss MOR progress and timing and outstanding payment issues. Shannon Hofner 4/24/ Preparation of additional notice party list related to royalty payable amounts; forward to revenue group to address creditor inquiries. Shannon Hofner 4/24/ Preparation of all open AP from BOLO and Open Invoice Systems; forward to colleague for review and forecasting of 13-wk cash flow model. Shannon Hofner 4/24/ Preparation of Check Register and Voided Check reports and forward them for review and updating of 13-wk cash flow model. Shannon Hofner 4/24/ S. Anchin, G. Sniezek, S. Hofner, S. Saleem (all OPP) meeting to discuss case progress and next steps. Shannon Hofner 4/24/ Updating of MOR to incorporate AR Aging information. Shannon Hofner 4/24/ Review and discussion S. Saleem, S. Hofner (both OPP) of current MOR and identification of outstanding items and next steps. Shannon Hofner 4/24/ Updating of MOR to incorporate all source data received to date and update related formulas in model. Shannon Hofner 4/24/ Coordination and discussions S. Saleem and S. Hofner (both OPP) to update MOR and model to reflect liabilities subject to compromise. Glenn Sniezek 4/25/ Discussions S. Saleem, G. Sniezek, S. Hofner (all OPP) regarding MOR and reconciliation of liabilities subject to compromise to prior financials to adjust related MOR schedules

79 Case Document Filed in TXSB on 06/30/17 Page 39 of 133 Bankruptcy Support Glenn Sniezek 4/25/ Prepare reconciliation of March '17 VNR Balance Sheet to Monthly Operating Report Balance Sheet by category Samir Saleem 4/25/ Discussion S. Anchin, S. Saleem, and S. Hofner (all OPP) regarding MOR, remaining outstanding items, and related timeline. Samir Saleem 4/25/ Prepare correspondences to numerous professionals regarding professional fee forecast. Samir Saleem 4/25/ Discussions S. Saleem, G. Sniezek, S. Hofner (all OPP) regarding MOR and reconciliation of liabilities subject to compromise to prior financials to adjust related MOR schedules Samir Saleem 4/25/ Update MOR file for all outstanding sections based on revised financial data received from the Company. Scott Anchin 4/25/ Discussion S. Anchin, S. Saleem, and S. Hofner (all OPP) regarding MOR, remaining outstanding items, and related timeline. Shannon Hofner 4/25/ Comparison of recently updated financials to prior version to identify changes for incorporation in MOR Shannon Hofner 4/25/ Discussion S. Anchin, S. Saleem, and S. Hofner (all OPP) regarding MOR, remaining outstanding items, and related timeline. Shannon Hofner 4/25/ Discussion S. Hofner (OPP) and J. Carol Moon (VNR) of creditors with royalties payable and related claims reconciliation process with respect to suspense account review Shannon Hofner 4/25/ Generation of AP reports indicating all invoices on hold to update estimates of pre-petition claim liability. Shannon Hofner 4/25/ Incorporation of additional professional fee invoices received and payments made into professional fee tracker. Shannon Hofner 4/25/ Research of creditor inquiry related to royalty interest ownership; coordination with J. Carol Moon (VNR) to address and prepare requested Division Order if applicable Shannon Hofner 4/25/ Discussions S. Saleem, G. Sniezek, S. Hofner (all OPP) regarding MOR and reconciliation of liabilities subject to compromise to prior financials to adjust related MOR schedules Shannon Hofner 4/25/ Incorporation of requested changes into MOR file; additional review and preparation of updated draft for circulation and discussion. Shannon Hofner 4/25/ Review of MOR and related updates; review of liabilities subject to compromise to incorporate in balance sheet updates Shannon Hofner 4/25/ Begin preparation of pre-petition liability analysis for individual claimants to estimate total amounts due and reconcile to claims register. Shannon Hofner 4/25/ Continue preparation of pre-petition liability analysis for individual claimants to estimate total amounts due and reconcile to claims register. Glenn Sniezek 4/26/ Prepare reconciliation of March '17 actuals per cash flow forecast to March '17 Monthly Operating Report cash flow detail schedule Samir Saleem 4/26/ Discussions S. Anchin, S. Saleem, S. Hofner (all OPP) related to MOR, proposed updates, and verification of requested items. Samir Saleem 4/26/ Review CF to March MOR reconciliation. Samir Saleem 4/26/ Meeting S. Saleem, S. Hofner (both OPP) and Vanguard financial reporting team to review and discuss MOR, identify outstanding items, and finalize timeline. Samir Saleem 4/26/ Update MOR draft based on further comments from S. Anchin (OPP). Samir Saleem 4/26/ Detailed review of MOR draft in advance of meeting to review with Company. Samir Saleem 4/26/ Research questions/comments made by S. Anchin (OPP) during earlier meeting regarding MOR draft.

80 Case Document Filed in TXSB on 06/30/17 Page 40 of 133 Bankruptcy Support Scott Anchin 4/26/ Discussions S. Anchin, S. Saleem, S. Hofner (all OPP) related to MOR, proposed updates, and verification of requested items. Shannon Hofner 4/26/ Discussions S. Anchin, S. Saleem, S. Hofner (all OPP) related to MOR, proposed updates, and verification of requested items. Shannon Hofner 4/26/ Research of payments to requested vendors in BOLO accounting system. Shannon Hofner 4/26/ Incorporation of additional MOR updates received and preparation for meeting with Vanguard financial reporting team to review draft. Shannon Hofner 4/26/ Meeting S. Saleem, S. Hofner (both OPP) and Vanguard financial reporting team to review and discuss MOR, identify outstanding items, and finalize timeline. Shannon Hofner 4/26/ Generation of AP reports to aid in estimation of post trade AP for incorporation in MOR. Shannon Hofner 4/26/ Completion of updated pre-petition liability analysis for invoices received to date and reconciliation to claims register. Samir Saleem 4/27/ Review final MOR draft before sending to Company for sign off. Samir Saleem 4/27/ Build in revised Liabilities Subject to Compromise and financial package into MOR file. Shannon Hofner 4/27/ Discussion of payment/netting process for selected vendors to estimate preprepetition liabilities to facilitate claims analysis and reconciliation. Shannon Hofner 4/27/ Review of updated MOR. Shannon Hofner 4/27/ Additional research and follow-up related to vendors included in weekly check disbursement. Glenn Sniezek 4/28/ Prepare schedule of RBL interest payments for Feb - Apr 2017 Total 630.0

81 Case Document Filed in TXSB on 06/30/17 Page 41 of 133 Business Operations Scott Anchin 2/1/ Meeting with L. Godfrey (VNR) to discuss internal communications Samir Saleem 2/2/ Update/comment on VNR being provided to treasury team regarding filing. Tatiana Restrepo 2/2/ Research invoices and payments regarding a vendor matter as well as discussion with Y. Hamadanian (VNR) regarding the issue. Scott Anchin 2/2/ Meeting with Company employees to announce filing and discuss related issues Samir Saleem 2/2/ Update AP Bifurcation PowerPoint deck for revised payment process. Scott Anchin 2/3/ Review various vendor related issues; prepare s to R. Midgett, B. Pence and Y. Hamadanian (all VNR) Samir Saleem 2/6/ Discussion with Counsel regarding numerous vendor payment issues. Samir Saleem 2/6/ Address numerous vendor issues with the Company throughout the day. Scott Anchin 2/7/ Review vendor related issues Scott Anchin 2/7/ Call with B. Pence (VNR) to discuss vendor issue Scott Anchin 2/7/ Review Utilities motion and prepare to B. Pence (VNR) regarding vendor issue Scott Anchin 2/7/ Review vendor related issues; research and prepare internal s regarding related issues Tatiana Restrepo 2/7/ Discussion with Y. Hamadanian (VNR) regarding vendor matters. Samir Saleem 2/7/ Research payment history for numerous utility vendors as part of adequate assurance negotiations. Tatiana Restrepo 2/7/ Research, analysis and preparing requests for a vendor matter. Tatiana Restrepo 2/7/ Read and review s regarding vendor matters and make related requests to various at the company. Tatiana Restrepo 2/8/ Requesting and formatting data for a vendor and counsel request. Tatiana Restrepo 2/9/ Call with PH regarding utility vendor matters. Scott Anchin 2/9/ Call with B. Pence (VNR) to discuss vendor related issues; send follow up to counsel to discuss resolution and related issues Samir Saleem 2/9/ Review payment history for vendor clarifications with Counsel. Tatiana Restrepo 2/10/ Call S. Anchin, T. Restrepo (both OPP) to discuss utility vendor issues and prepare for next steps. Scott Anchin 2/10/ Call S. Anchin, T. Restrepo (both OPP) to discuss utility vendor issues and prepare for next steps. Scott Anchin 2/10/ Call with S. Smith (VNR) to discuss liquidation analysis and related issues Tatiana Restrepo 2/10/ Start utility vendors analysis of prepetition liability. Tatiana Restrepo 2/10/ Prepare update to send to S. Anchin (OPP) regarding utility vendors. Tatiana Restrepo 2/10/ Review and respond to ed regarding vendor matters. Scott Anchin 2/10/ Review vendor issue and prepare s to Company and counsel to discuss Scott Anchin 2/10/ Review vendor related issues; participate on calls with R. Midgett (VNR) and prepare s to discuss and resolve issues Samir Saleem 2/10/ Work through numerous vendor related issues (i.e.. utility shut offs, deposit requests). Scott Anchin 2/13/ Call S. Anchin and T. Restrepo (both OPP) regarding utility vendor matters. Tatiana Restrepo 2/13/ Call S. Anchin and T. Restrepo (both OPP) regarding utility vendor matters. Scott Anchin 2/13/ Call B. Pence (VNR), J. Grogan, D. Newman (both PH), S. Anchin, and T. Restrepo (both OPP) to discuss utility vendor matters. Tatiana Restrepo 2/13/ Call B. Pence (VNR), J. Grogan, D. Newman (both PH), S. Anchin, and T. Restrepo (both OPP) to discuss utility vendor matters. Samir Saleem 2/13/ Work through numerous vendor related issues (i.e.. utility payment funds applications/reconciliation).

82 Case Document Filed in TXSB on 06/30/17 Page 42 of 133 Business Operations Tatiana Restrepo 2/13/ Complete utility vendor prepetition analysis prior to call with counsel and company. Tatiana Restrepo 2/14/ Research on a vendor matter regarding bankruptcy terms letter received. Tatiana Restrepo 2/14/ S. Hofner and T. Restrepo (both OPP) discussion over vendor notices and s received from counsel. Shannon Hofner 2/14/ S. Hofner and T. Restrepo (both OPP) discussion over vendor notices and s received from counsel. Tatiana Restrepo 2/14/ Review of communication regarding vendor matters. Tatiana Restrepo 2/14/ Review of Paul Hasting's vendor payment guide and provide comments. Tatiana Restrepo 2/14/ Review and response of various with the company and counsel regarding vendor requests. Samir Saleem 2/14/ Research numerous vendors payment processes based on vendor requests submitted to Counsel. Tatiana Restrepo 2/15/ Review and respond to various s regarding utility vendors. Tatiana Restrepo 2/15/ Analysis over utility vendors' outstanding invoices. Tatiana Restrepo 2/15/ Draft of letter confirming deposit in adequate assurance account and getting additional documents that need to be provided to vendor via mail. Tatiana Restrepo 2/16/ Finalize mailing proof of adequate assurance deposit to utility provider. Tatiana Restrepo 2/20/ Discussion with Y. Hamadanian (VNR) regarding vendor matters. Samir Saleem 2/20/ Work through vendor payment issue with the Company. Samir Saleem 2/20/ Follow-ups with Counsel on vendor payments. Tatiana Restrepo 2/20/ Follow-up discussion and s with various VNR employees regarding vendor matters. Samir Saleem 2/21/ Work through vendor related rent issues with the Company. Tatiana Restrepo 2/21/ Research on a vendor matter and various s to the company regarding procedure to follow under chapter 11. Tatiana Restrepo 2/21/ Review and respond to various s regarding utilities payments with VNR and PH. Samir Saleem 2/22/ Gather information & data for utility vendor negotiations. Tatiana Restrepo 2/22/ Review and respond to various s with PH and VNR regarding utility vendors' status. Samir Saleem 2/23/ Work through 2 vendor payment issues with the Company. Samir Saleem 2/24/ Work through utility vendor issue with the Company and Counsel. Tatiana Restrepo 2/27/ Review and respond to various s regarding vendor matters, along with related research. Samir Saleem 3/3/ Review Vanguard Entered Order and Payment Guide Scott Anchin 3/13/ Call with K. Kotlarz (VNR) to discuss royalties and timing of payments Scott Anchin 3/13/ Review and respond to s from PH regarding DIP financing and timing of vendor payments Scott Anchin 3/13/ Calls with R. Midgett (VNR) to discuss royalties and vendor related issues Samir Saleem 3/13/ Work through payment issue with utility vendor. Samir Saleem 3/13/ Research current Potato Hills disbursements process and determine go-forward process. Tatiana Restrepo 3/13/ Review and respond to various s regarding a vendor request. Samir Saleem 3/13/ Review of revenue model analysis (new business plan vs 2016). Tatiana Restrepo 3/13/ Preparing and responding to various s regarding vendor payment matter, research and review related data. Scott Anchin 3/16/ Review and respond to Company s related to executory contracts and postpetition activity Tatiana Restrepo 3/21/ Discussion with K. Bonhomme-Walker (VNR) regarding vendor request. Tatiana Restrepo 3/21/ Discussions and s with PH regarding vendor requests.

83 Case Document Filed in TXSB on 06/30/17 Page 43 of 133 Business Operations Tatiana Restrepo 3/22/ Discussion with Y. Hamadanian (VNR) regarding vendor payment matter. Tatiana Restrepo 3/22/ Discussions with D. Newman (PH) regarding vendor payment matter. Tatiana Restrepo 3/22/ Review and respond to s regarding a land matter. Samir Saleem 3/22/ Review detailed February financial reconciliations. Tatiana Restrepo 3/22/ Review and respond to s regarding a vendors' payments. Tatiana Restrepo 3/22/ Download, request, and review of historical payment support data for a vendor to be included in the oil and gas reporting. Tatiana Restrepo 3/23/ Review and respond to s regarding a royalty owner matter. Scott Anchin 3/23/ Review correspondences and prepare s related to vendor issue and postpetition payments Tatiana Restrepo 3/23/ Review data received related to oil and gas reporting. Tatiana Restrepo 3/23/ Discussion and s with H. Minton (VNR) regarding an urgent vendor matter, including review of support provided. Tatiana Restrepo 3/23/ Preparing, reviewing, and responding to various s regarding urgent vendor matter. Tatiana Restrepo 3/23/ Review and format data received in connection to a vendor request; including follow-up call and s with K. Bonhomme-Walker (VNR). Scott Anchin 3/24/ Review and respond to internal s and calls related to Ch 11 bankruptcy and related issues Scott Anchin 3/24/ Review employee compensation related issues; call with L. Godfrey (VNR) to discuss issue (.1) Tatiana Restrepo 3/24/ Further s and discussion with D. Newman (PH) regarding royalty owner payment matter. Tatiana Restrepo 3/27/ s and discussion with various at VNR regarding royalty owner payments. Scott Anchin 3/28/ Call with R. Midgett, M. Carnes (both VNR) regarding asset sales; prepare supporting schedule Tatiana Restrepo 3/29/ Review and respond to s regarding vendor matters. Samir Saleem 4/3/ Review vendor invoice to investigate potential payment dispute. Tatiana Restrepo 4/3/ Review and respond to s regarding royalty owner matters. Tatiana Restrepo 4/3/ Review invoices and discussions with S. Saleem (OPP), D. Newman, and J Grogan (both PH) regarding a vendor matter. Tatiana Restrepo 4/3/ Discussions with various at VNR and s with counsel and S. Anchin (OPP) regarding an OCP matters; including downloading and review of multiple invoices. Samir Saleem 4/4/ Research vendor issue regarding a utility provider in North Dakota. Tatiana Restrepo 4/4/ Review and respond to s regarding Royalty owner matters; including review of reports in Bolo. Tatiana Restrepo 4/4/ Review and respond to s regarding vendor matters; including review of related data. Tatiana Restrepo 4/6/ Prepare, review and respond to various s regarding vendor matters. Scott Anchin 4/8/ Prepare supporting analysis of employee compensation retention plan Scott Anchin 4/10/ Review vendor related issue; prepare to R. Midgett (VNR) and S. Hofner (OPP) Scott Anchin 4/10/ Prepare for and participate on call with L. Godfrey (VNR) to discuss employee claims issues; review and send sample communication letter. Scott Anchin 4/11/ Call with L. Godfrey (VNR) to discuss employee related issue; prepare supporting schedule Scott Anchin 4/11/ Calls with D. Hudnall (VNR) and Company counsel (M. Stack) to discuss vendor related issue and other matters Tatiana Restrepo 4/11/ Review and respond to s regarding OCP and payment matters.

84 Case Document Filed in TXSB on 06/30/17 Page 44 of 133 Business Operations Samir Saleem 4/17/ Discussion S. Saleem and T. Restrepo (both OPP) regarding vendor matter and other updates prior to the company meetings. Tatiana Restrepo 4/17/ Discussion S. Saleem and T. Restrepo (both OPP) regarding vendor matter and other updates prior to the company meetings. Samir Saleem 4/18/ Research vendor payments over $250K. Scott Anchin 4/18/ Review comparable KERP/KEIP plans and prepare analysis Samir Saleem 4/19/ Follow up with Company and PH on vendor payment issue Samir Saleem 4/19/ Review of all Trustee Fees and work with Company to account for them appropriately. Samir Saleem 4/20/ Meeting with Company to discuss vendor issue and draft correspondence to them. Scott Anchin 4/20/ Call with PJT regarding employee retention related issues Scott Anchin 4/20/ Prepare for and participate on call with S. Smith (VNR) regarding employee retention related issues Scott Anchin 4/20/ Prepare employee retention analysis and related schedules Scott Anchin 4/21/ Call with C. Lee (FTI) regarding employee retention issues Scott Anchin 4/21/ Call with K. Asarnow (RPA) regarding employee retention issues Scott Anchin 4/21/ Prepare additional schedule for employee retention issue Samir Saleem 4/24/ Prepare correspondences to comply with AP vendor's request for BK information. Scott Anchin 4/24/ Prepare schedule of employee compensation for 2015 & 2016; prepare supplemental analysis for employee retention Samir Saleem 4/25/ Meeting with the Company to verify and set up payments for Trustee fees. Scott Anchin 4/25/ Prepare s to creditors advisors regarding employee retention Scott Anchin 4/26/ Call with D. Getten (PH) to discuss employment related issues Scott Anchin 4/26/ Review employment issues and (.2) participate on call with L. Godfrey (VNR) to discuss employee retention and related issues Samir Saleem 4/27/ Review potential new OCP invoices to determine appropriate classification. Samir Saleem 4/27/ Discussion with the Company to review a potential new OCP. Scott Anchin 4/27/ Meeting with S. Smith (VNR) to discuss employee retention issues Samir Saleem 4/28/ Respond to correspondences to the Company regarding payment procedures to certain vendors. Scott Anchin 4/28/ Call with PJT (J. Fallon) to discuss employee retention related issues Total 94.3

85 Case Document Filed in TXSB on 06/30/17 Page 45 of 133 Business Plan Glenn Sniezek 2/3/ Review Restructuring Support Agreement Scott Anchin 2/6/ Call with G. Sniezek, S. Anchin (both OPP) & R. Midgett (VNR) to discuss cash flow forecast and revised assumptions Scott Anchin 2/6/ Call with G. Sniezek, S. Anchin (both OPP) to discuss cash flow forecast and revised assumptions Glenn Sniezek 2/6/ Call with G. Sniezek, S. Anchin (both OPP) & R. Midgett (VNR) to discuss cash flow forecast and revised assumptions Glenn Sniezek 2/6/ Call with G. Sniezek, S. Anchin (both OPP) to discuss cash flow forecast and revised assumptions Glenn Sniezek 3/7/ Meeting with S. Anchin (OPP) and G. Sniezek (OPP) re: revised VNR Business Plan changes from Jan 2017 Business Plan Scott Anchin 3/7/ Meeting with S. Anchin (OPP) and G. Sniezek (OPP) re: revised VNR Business Plan changes from Jan 2017 Business Plan Glenn Sniezek 3/7/ Meeting with R. Midgett (VNR), S. Anchin (OPP) and G. Sniezek (OPP) re: revised VNR Business Plan Scott Anchin 3/7/ Meeting with R. Midgett (VNR), S. Anchin (OPP) and G. Sniezek (OPP) re: revised VNR Business Plan Glenn Sniezek 3/7/ Prepare comparison of revenues, expenses and Capital expenditures per revised VNR Business Plan to Jan 2017 Business Plan Glenn Sniezek 3/7/ Prepare comparison of volume and pricing per revised VNR Business Plan to Jan 2017 Business Plan Glenn Sniezek 3/7/ Review pricing and revenue realization assumptions supporting revised VNR Business Plan Scott Anchin 3/7/ Review changes to VNR Business Plan; prepare analysis, questions and supporting schedules Glenn Sniezek 3/8/ Meeting with R. Midgett (VNR), S. Anchin (OPP) and G. Sniezek (OPP) re: pricing and volume assumptions in revised VNR Business Plan Scott Anchin 3/8/ Meeting with R. Midgett (VNR), S. Anchin (OPP) and G. Sniezek (OPP) re: pricing and volume assumptions in revised VNR Business Plan Glenn Sniezek 3/9/ Prepare schedule that compares 2016 actual data for pricing and realization to Company Business Plan for select districts Glenn Sniezek 3/13/ Create charts summarizing the changes in price realization and lease operating expenses by area for 2016 actuals to 2017 Business Plan Glenn Sniezek 3/13/ Create metrics for price realization and lease operating expenses by area for 2016 actuals and 2017 Business Plan Glenn Sniezek 3/13/ Create charts that summarize the comparison of pricing, select operating expenses and capital expenditures by area for 2016 to the 2017 Business Plan Glenn Sniezek 3/13/ Create schedules by area comparing 2016 actual data for pricing, select operating expenses and capital expenditures to 2017 Business Plan Glenn Sniezek 3/14/ Create charts by area comparing changes in volumes for 2016 actual to 2017 Business Plan Glenn Sniezek 3/14/ Create schedule by area comparing changes in volumes for 2016 actual to 2017 Business Plan Samir Saleem 3/14/ Review of revised 2017 Business Plan. Glenn Sniezek 3/14/ Prepare analysis comparing Business Plan to current business plan Glenn Sniezek 3/15/ Call with S. Anchin and G. Sniezek (both OPP) re: analysis of 2016 actual results to Company Business Plan Scott Anchin 3/15/ Call with S. Anchin and G. Sniezek (both OPP) re: analysis of 2016 actual results to Company Business Plan Glenn Sniezek 3/15/ Prepare comparison of model to model to identify variances

86 Case Document Filed in TXSB on 06/30/17 Page 46 of 133 Business Plan Glenn Sniezek 3/16/ Prepare analysis of changes by area between business plan to business plan for certain operating costs, capital expenditures and related cost metrics Glenn Sniezek 3/16/ Prepare analysis of changes by area between business plan to business plan for revenues, volumes and related pricing metrics Glenn Sniezek 3/16/ Prepare schedule by area comparing business plan to business plan in Lease Operating Statement report format Glenn Sniezek 3/17/ Call with S. Anchin (OPP) and G. Sniezek (OPP) re: analysis comparing Jan '17 Business Plan to Mar '17 draft Business Plan Scott Anchin 3/17/ Call with S. Anchin (OPP) and G. Sniezek (OPP) re: analysis comparing Jan '17 Business Plan to Mar '17 draft Business Plan Glenn Sniezek 3/17/ Call with S. Anchin (OPP) and G. Sniezek (OPP) re: Mar. '17 draft Company Business Plan Scott Anchin 3/17/ Call with S. Anchin (OPP) and G. Sniezek (OPP) re: Mar. '17 draft Company Business Plan Glenn Sniezek 3/17/ Meeting with R. Midgett (VNR) to discuss Company Business Plan model updates for 2016 actual results Glenn Sniezek 3/17/ Update analysis of Business Plan to Business Plan to include realization and certain cost metric charts by area Glenn Sniezek 3/17/ Prepare a file that compares 2016 and 2017 lease operating statement data to Company Business Plan by month Glenn Sniezek 3/21/ Compare updated 2016 company model with 2016 LOS statements to identify variances Glenn Sniezek 3/22/ Meeting with R. Midgett (VNR) re: March '17 Business Plan Glenn Sniezek 3/22/ Compare updated Company model 2016 and Jan 2017 to LOS reports and identify any variances Glenn Sniezek 3/22/ Review updated model to identify variances from 2016 and Jan 2017 in company model and LOS reports Glenn Sniezek 3/22/ Work session with W. Cummins (VNR) re: 2016 actual and 2017 forecasted amounts in March Business Plan Glenn Sniezek 3/22/ Update file by area that compares 2016 to 2017 to include business plan data Glenn Sniezek 3/23/ Prepare charts trending changes for key areas for for March '17 business plan Glenn Sniezek 3/23/ Update summary schedules and ratio analysis for for March '17 business plan Glenn Sniezek 3/24/ Call with S. Anchin, G. Sniezek (both OPP) and R. Midgett (VNR) re: updates to March '17 Business Plan Scott Anchin 3/24/ Call with S. Anchin, G. Sniezek (both OPP) and R. Midgett (VNR) re: updates to March '17 Business Plan Glenn Sniezek 3/24/ Call with EV, PH, VNR, S. Anchin (OPP) and G. Sniezek (OPP) re: revised March '17 business plan Scott Anchin 3/24/ Call with EV, PH, VNR, S. Anchin (OPP) and G. Sniezek (OPP) re: revised March '17 business plan Glenn Sniezek 3/24/ Review updated March '17 Business Plan to identify changes to prior version Glenn Sniezek 3/28/ Update comparison file and charts of actual results for 2016/17 to revised March 2017 Business Plan Glenn Sniezek 3/28/ Update comparison file for Jan 2017 business plan to revised March 2017 Business Plan

87 Case Document Filed in TXSB on 06/30/17 Page 47 of 133 Business Plan Glenn Sniezek 3/28/ Update charts for comparison file for Jan 2017 business plan to revised March 2017 Business Plan Glenn Sniezek 3/29/ Review changes to company business plan model Glenn Sniezek 3/30/ Review changes to company Business Plan model Glenn Sniezek 3/30/ Update DIP Budget and monthly cash flow forecast for new company Business Plan model Glenn Sniezek 3/31/ Update comparison file for Jan 2017 business plan to revised March 2017 Business Plan Glenn Sniezek 4/3/ Update revenue model for revised company business plan model Glenn Sniezek 4/3/ Update comparison of business plan model to March '17 business plan model for revised company business plan Glenn Sniezek 4/4/ Review final version of March '17 company business plan model and provide comments Glenn Sniezek 4/6/ Review company business plan model for Upside Case Glenn Sniezek 4/6/ Prepare comparison file to identify variances for Company Business Plan Base Case v. Upside Case Glenn Sniezek 4/12/ Review FTI due diligence questions re: Aries database and Company Business Plan Total 86.4

88 Case Document Filed in TXSB on 06/30/17 Page 48 of 133 Cash Management & Collateral Glenn Sniezek 2/1/ Call with S. Anchin (OPP), G. Sniezek (OPP) and PH re: comments to Cash Collateral/DIP Motion and exhibits Scott Anchin 2/1/ Call with S. Anchin (OPP), G. Sniezek (OPP) and PH re: comments to Cash Collateral/DIP Motion and exhibits Glenn Sniezek 2/1/ Meeting with R. Midgett (VNR) re: DIP Budget Scott Anchin 2/1/ Review estimates of filing day cash and outstanding checks Glenn Sniezek 2/1/ Review materials for call with PH re: Cash Collateral/DIP Motion and exhibits Glenn Sniezek 2/1/ Review materials in preparation for call RPA re: DIP Budget Glenn Sniezek 2/1/ Call with K. Asarnow (RPA), C. Walker (RPA), S. Anchin (OPP), G. Sniezek (OPP) re: DIP Budget Scott Anchin 2/1/ Call with K. Asarnow (RPA), C. Walker (RPA), S. Anchin (OPP), G. Sniezek (OPP) re: DIP Budget Glenn Sniezek 2/1/ Review Cash Collateral/DIP Motion Scott Anchin 2/1/ Review revised DIP budget and send draft to RPA Scott Anchin 2/1/ Prepare analysis of minimum liquidity; prepare s to counsel & K. Asarnow (RPA) to discuss related issues Glenn Sniezek 2/1/ Prepare variance analysis of DIP Budget to prior version Scott Anchin 2/1/ Review DIP agreement, fees, covenants & other related issues; prepare schedule of covenants Glenn Sniezek 2/1/ Update DIP Budget to address comments from PJT Glenn Sniezek 2/1/ Update Restructuring Cost supporting schedules for DIP Budget Glenn Sniezek 2/1/ Update DIP Budget and related notes based on discussions with PH and VNR management Scott Anchin 2/2/ Meeting with R. Midgett (VNR) to discuss DIP budget and underlying assumptions Glenn Sniezek 2/2/ Update Cash Flow Model to include variance analysis templates for DIP Budget reporting requirements Glenn Sniezek 2/2/ Prepare summary schedule of restructuring costs to include in Cash Flow Model Glenn Sniezek 2/2/ Prepare VNR prepetition debt schedule to include in Cash Flow Model Tatiana Restrepo 2/2/ Review/test of Disbursements file including discussion with A. Abeyta (VNR) regarding the use and timing for the data. Glenn Sniezek 2/2/ Update Cash Flow Model full year forecast to conform with format and assumptions per DIP Budget Glenn Sniezek 2/3/ Prepare for and participate on call with M. Moss, W. Anifowoshe (both EV), S. Anchin, G. Sniezek (both OPP) to discuss cash flow projections and related issues Scott Anchin 2/3/ Prepare for and participate on call with M. Moss, W. Anifowoshe (both EV), S. Anchin, G. Sniezek (both OPP) to discuss cash flow projections and related issues Glenn Sniezek 2/3/ Review DIP Credit Agreement Glenn Sniezek 2/3/ Calls with S. Anchin, G. Sniezek (both OPP) to review cash flow projections and discuss assumptions Scott Anchin 2/3/ Calls with S. Anchin, G. Sniezek (both OPP) to review cash flow projections and discuss assumptions with Samir Saleem 2/3/ Build up of GL Account analysis within the Disbursement Model. Scott Anchin 2/3/ Review and revise cash flow assumptions and related cash flow projections Glenn Sniezek 2/3/ Prepare schedule of pro forma capital structure and liquidity based on Restructuring Support Agreement

89 Case Document Filed in TXSB on 06/30/17 Page 49 of 133 Cash Management & Collateral Glenn Sniezek 2/3/ Prepare updated 2017 cash flow forecast to reflect DIP Budget and related assumptions. Scott Anchin 2/6/ Call with S. Anchin (OPP), G. Sniezek (OPP) and R. Midgett (VNR) re: alternative 2017 cash flow forecast Glenn Sniezek 2/6/ Call with S. Anchin (OPP), G. Sniezek (OPP) and R. Midgett (VNR) re: alternative 2017 cash flow forecast Glenn Sniezek 2/6/ Call with S. Anchin (OPP), G. Sniezek(OPP) re: alternative 2017 cash flow forecast Scott Anchin 2/6/ Call with S. Anchin (OPP), G. Sniezek(OPP) re: alternative 2017 cash flow forecast Glenn Sniezek 2/6/ Meeting with R. Midgett (VNR) re: alternative 2017 cash flow forecast Samir Saleem 2/6/ S. Saleem and T. Restrepo (OPP) - Review of this week's disbursements file against various check registers and discussion of timing of wire transfers procedures. Tatiana Restrepo 2/6/ S. Saleem and T. Restrepo (OPP) - Review of this week's disbursements file against various check registers and discussion of timing of wire transfers procedures. Tatiana Restrepo 2/6/ Download and format data from Bolo in order to review this week's disbursements file Samir Saleem 2/6/ Review of last week's actual disbursements (checks, wires, ACHs) Scott Anchin 2/6/ Prepare and review supporting schedules for cash flow forecast Glenn Sniezek 2/6/ Update 2017 alternative cash flow forecast for comments from S. Anchin (OPP) and R. Midgett (VNR) Scott Anchin 2/6/ Review and revise cash flow forecasts; prepare comments Scott Anchin 2/7/ Review cash flow variance analysis Glenn Sniezek 2/7/ Call with S. Anchin (OPP) and G. Sniezek (OPP) re: week ended 2/3/17 DIP Budget & Variance Report Scott Anchin 2/7/ Call with S. Anchin (OPP) and G. Sniezek (OPP) re: week ended 2/3/17 DIP Budget & Variance Report Glenn Sniezek 2/7/ Meeting with R. Midgett (VNR) re: 2/3/17 DIP Budget & Variance Report Samir Saleem 2/7/ Meeting with Al Abeyta (VNR) and S. Saleem (OPP) to walk through Disbursements file and vendor mapping. Glenn Sniezek 2/7/ Update 2/3/17 DIP Budget & Variance Report Glenn Sniezek 2/7/ Prepare week ended 2/3/17 variance report for actual receipts and disbursements compared to DIP Budget Samir Saleem 2/7/ Review latest Disbursements File in preparation of meeting with Al. Samir Saleem 2/7/ Update Disbursements model based on vendor mapping received from Company. Glenn Sniezek 2/7/ Prepare week ending 2/3/17 variance report for actual receipts and disbursements compared to DIP Budget Glenn Sniezek 2/8/ Update monthly cash flow model comparison schedules to conform with DIP Budget presentation Glenn Sniezek 2/8/ Update Capital table to include potential asset sales Glenn Sniezek 2/8/ Update Monthly Cash Flow model to confirm with DIP Budget presentation Tatiana Restrepo 2/8/ Meeting with Y. Hamadanian (VNR) to walkthrough payment bifurcation process. Tatiana Restrepo 2/9/ Review of Recommended Payments Reports for payments going out today Scott Anchin 2/9/ Prepare supporting schedules for Cash Flow forecast; review analysis and edit Glenn Sniezek 2/9/ Update Capital structure schedule for current proposal to lenders

90 Case Document Filed in TXSB on 06/30/17 Page 50 of 133 Cash Management & Collateral Samir Saleem 2/9/ Build new mapping into Disbursements file to incorporate financial statement categories. Glenn Sniezek 2/9/ Prepare equity split schedules based on current proposals to lenders with and without non core asset sales Glenn Sniezek 2/9/ Prepare summary tables for impact of MIP on the equity split per restructuring support agreement Glenn Sniezek 2/10/ Review preliminary December 2016 financials Glenn Sniezek 2/10/ Update Capital structure schedule for current proposal to lenders Scott Anchin 2/10/ Prepare and review cash flow forecast presentations Glenn Sniezek 2/10/ Prepare summary tables for impact of MIP on the equity split per restructuring support agreement Glenn Sniezek 2/13/ G. Sniezek and T. Restrepo (both OPP) discussion of prior week wire transfers. Tatiana Restrepo 2/13/ G. Sniezek and T. Restrepo (both OPP) discussion of prior week wire transfers. Tatiana Restrepo 2/13/ G. Sniezek, S. Saleem, and T. Restrepo (all OPP) discussion over 13 week categorization. Scott Anchin 2/13/ Calls with R. Midgett (VNR) to discuss cash flow forecast and related issues Tatiana Restrepo 2/13/ Request and review wire transfer information for prior week. Glenn Sniezek 2/13/ Meeting with R. Midgett (VNR) re: disbursements for week ended 2/10/17 Scott Anchin 2/13/ Review and revise professional fee forecast Scott Anchin 2/13/ Review cash flow forecast and prepare correspondences to S. Saleem (OPP) to discuss issues Samir Saleem 2/13/ Review wire disbursements sent last week. Samir Saleem 2/13/ S. Saleem and T. Restrepo (both OPP) review of prior week disbursements file and check registers. Tatiana Restrepo 2/13/ S. Saleem and T. Restrepo (both OPP) review of prior week disbursements file and check registers. Samir Saleem 2/13/ Review of weekly Disbursements File received from Company. Tatiana Restrepo 2/13/ Downloading and reviewing check register data for last week. Glenn Sniezek 2/13/ Prepare comments regarding variances of week ended 2/10/17 actual activity to DIP budget Glenn Sniezek 2/13/ Prepare DIP Budget variance analysis for week ended 2/10/17 Scott Anchin 2/13/ Review and revise assumptions for liquidity forecast Samir Saleem 2/13/ Update Disbursements model for last week's payment data (based on revised Company file). Glenn Sniezek 2/13/ Prepare schedule of disbursements by DIP Budget category for week ended 2/10/17 from check registers and bank activity Tatiana Restrepo 2/13/ Review disbursements file provided by company. Analyze against check registers. Glenn Sniezek 2/13/ Update supporting schedules in cash flow model for actual activity for week ended 2/10/17 Tatiana Restrepo 2/14/ A. Abeyta (VNR) regarding land payments and their inclusion in the weekly disbursements file Tatiana Restrepo 2/14/ Discussion with Y. Hamadanian (VNR) over prior week payments and voided checks. Glenn Sniezek 2/14/ Discussions with S.Saleem (OPP) and G.Sniezek (OPP) to finalize actual disbursements in the weekly cash report before submission. Samir Saleem 2/14/ Discussions with S.Saleem (OPP) and G.Sniezek (OPP) to finalize actual disbursements in the weekly cash report before submission.

91 Case Document Filed in TXSB on 06/30/17 Page 51 of 133 Cash Management & Collateral Glenn Sniezek 2/14/ Prepare DIP Budget and Variance Analysis Report for week ended 2/10/17 Scott Anchin 2/14/ Review and revise weekly variance report Glenn Sniezek 2/14/ Review DIP Budget and Variance Report with R. Midgett (VNR) Tatiana Restrepo 2/14/ Review of historical land payments in Bolo for purposes of cash flow forecasting and variance analysis. Tatiana Restrepo 2/14/ Review of historical revenue payments in Bolo for purposes of cash flow forecasting and variance analysis. Tatiana Restrepo 2/14/ Review the weekly disbursements file against the check register and resolve differences. Tatiana Restrepo 2/14/ Updates to the Disbursements file based on review comments. Tatiana Restrepo 2/14/ Discussions with S.Saleem (OPP) and T.Restrepo (OPP) regarding land payment and revenue payment processes. Samir Saleem 2/14/ Discussions with S.Saleem (OPP) and T.Restrepo (OPP) regarding land payment and revenue payment processes. Glenn Sniezek 2/14/ Update cash flow model to include accounts receivable working capital schedules for activity Glenn Sniezek 2/14/ Update disbursement activity for week ended 2/10/17 for DIP Budget Reporting Tatiana Restrepo 2/14/ Incorporate check registers and wire data in actual disbursements template to be included in the 13 week. Samir Saleem 2/14/ Analyze payment data in disbursements file and compare to check register for last week's actuals. Glenn Sniezek 2/14/ Update cash flow model to include forecasted cash flows for 2018, 2019 & 2020 from VNR Business Plan Glenn Sniezek 2/14/ Update cash flow model supporting schedules for receipts to include activity Scott Anchin 2/15/ Prepare and review changes to cash flow forecast model and supporting schedules Glenn Sniezek 2/15/ Continue updating cash flow model to include accounts receivable working capital schedules for activity Samir Saleem 2/15/ Discuss disbursements reporting and check run process with S.Anchin (OPP) and S.Saleem (Opp). Scott Anchin 2/15/ Discuss disbursements reporting and check run process with S.Anchin (OPP) and S.Saleem (Opp). Glenn Sniezek 2/15/ Meeting with S. Anchin, G. Sniezek (both OPP) re: MIP analysis and long-term cash flow forecasts Scott Anchin 2/15/ Meeting with S. Anchin, G. Sniezek (both OPP) re: MIP analysis and long-term cash flow forecasts Glenn Sniezek 2/15/ Update cash flow model supporting schedules for disbursements to include activity Glenn Sniezek 2/15/ Update cash flow model to include accounts payable working capital schedules for activity Glenn Sniezek 2/16/ G. Sniezek and T. Restrepo (both OPP) discussion of current week payments. Tatiana Restrepo 2/16/ G. Sniezek and T. Restrepo (both OPP) discussion of current week payments. Glenn Sniezek 2/16/ Update liquidity schedule by quarter for for debt and interest activity Glenn Sniezek 2/16/ Compare liquidity schedule by quarter for to RBL lender presentation and reconcile any material variances Glenn Sniezek 2/16/ Prepare liquidity schedule by quarter for

92 Case Document Filed in TXSB on 06/30/17 Page 52 of 133 Cash Management & Collateral Glenn Sniezek 2/16/ Prepare debt schedule to include in liquidity schedule by quarter for Glenn Sniezek 2/17/ Call with S. Anchin (OPP), G. Sniezek (OPP) and EV re: Reconciliation of RBL presentation cash flow to OPP cash flow forecast for Scott Anchin 2/17/ Call with S. Anchin (OPP), G. Sniezek (OPP) and EVR re: Reconciliation of RBL presentation cash flow to OPP cash flow forecast for Glenn Sniezek 2/17/ Call with W. Anamoose (EV) re: reconciliation of EV model to OPP liquidity model Glenn Sniezek 2/17/ Meeting with S. Anchin (OPP) and G. Sniezek (OPP) re: reconciliation of liquidity forecast to RBL presentation Scott Anchin 2/17/ Meeting with S. Anchin (OPP) and G. Sniezek (OPP) re: reconciliation of liquidity forecast to RBL presentation Glenn Sniezek 2/17/ Review materials for meeting with S. Anchin (OPP) re: Liquidity model Glenn Sniezek 2/17/ Meeting with S. Anchin (OPP) and G. Sniezek (OPP) re: liquidity forecast Scott Anchin 2/17/ Meeting with S. Anchin (OPP) and G. Sniezek (OPP) re: liquidity forecast Scott Anchin 2/17/ Prepare working capital analysis (1.2 hr); participate on call with Evercore (various) to discuss analysis and cash forecast (.2) Glenn Sniezek 2/17/ Prepare a summary reconciliation to RBL presentation and cash balance summary for liquidity analysis Glenn Sniezek 2/17/ Prepare detailed reconciliation of EV model to OPP liquidity model for Samir Saleem 2/20/ S. Saleem and T. Restrepo (both OPP) call to discuss allowed field payments under first day motions. Tatiana Restrepo 2/20/ S. Saleem and T. Restrepo (both OPP) call to discuss allowed field payments under first day motions. Glenn Sniezek 2/20/ G. Sniezek, T. Restrepo (both OPP) discussions regarding formatting on the 13 week, expense allocations, and data needed for variance analyses. Tatiana Restrepo 2/20/ G. Sniezek, T. Restrepo (both OPP) discussions regarding formatting on the 13 week, expense allocations, and data needed for variance analyses. Samir Saleem 2/20/ Review weekly disbursements file received from Company. Glenn Sniezek 2/20/ Update Cash flow model supporting schedules for actuals for week ended 2/17/17 Glenn Sniezek 2/20/ Prepare summary of receipts and disbursements for actual results from week ended 2/17/17 Tatiana Restrepo 2/20/ Downloadin prior week's disbursements data from the accounting system and mapping disbursements to the 13 week. Glenn Sniezek 2/20/ Prepare DIP variance report for week ended 2/17/17 Glenn Sniezek 2/20/ Prepare an analysis of the impact of a $350 million rights offering on the MIP analysis and pro-forma equity post-emergence Tatiana Restrepo 2/20/ Creating and providing disbursements report to G. Sniezek (OPP) for inclusion in the 13 week. Tatiana Restrepo 2/21/ Discussion with Y. Hamadanian (VNR) regarding voided and reissued checks. Tatiana Restrepo 2/21/ Research in Bolo of reissued checks for weekly disbursements. Glenn Sniezek 2/21/ Prepare DIP Budget and Variance Analysis Report for week ended 2/17/17 Glenn Sniezek 2/21/ Prepare explanations for DIP Budget variances for week ended 2/17/17 Glenn Sniezek 2/21/ Prepare updated reconciliation of cash flow model to revised EV liquidity analysis

93 Case Document Filed in TXSB on 06/30/17 Page 53 of 133 Cash Management & Collateral Glenn Sniezek 2/21/ Review DIP Budget and Variance Analysis Report with R. Midgett (VNR) Tatiana Restrepo 2/21/ Revisions to prior week's disbursements based on void revenue checks. Glenn Sniezek 2/21/ Prepare cumulative cash flow variance report through week ended 2/17/17 for DIP Budget Tatiana Restrepo 2/21/ Review of void checks report and research in accounting system for reissued checks. Tatiana Restrepo 2/21/ Finalizing categorization and presentation for last weeks disbursements. Glenn Sniezek 2/21/ Continue updating Cash flow model supporting schedules for actuals for week ended 2/17/17 Glenn Sniezek 2/21/ Update cash flow model for to reflect revised liquidity analysis from materials distributed by EV for RBL strategy call Tatiana Restrepo 2/22/ S. Saleem, T. Restrepo (both OPP) follow-up discussion on invoice questions. Tatiana Restrepo 2/22/ Review and respond to various s regarding invoice payments and timing matters. Tatiana Restrepo 2/22/ Meetings with Y. Hamadanian (VNR) to discuss questions on vendor payments. Glenn Sniezek 2/22/ Update cash flow model to include professional fees for UCC professionals Glenn Sniezek 2/22/ Set up pro-forma 13 week cash flow for update to DIP Budget in the cash flow model. Glenn Sniezek 2/22/ Update reconciliation of cash flow model to Company presentation materials Glenn Sniezek 2/22/ Update cash flow model liquidity analysis and capital structure schedules for alternative options for restructuring plan included in Company presentation. Tatiana Restrepo 2/22/ Continue working on vendor mapping for 13 week reporting. Shannon Hofner 2/23/ Discussion S. Saleem, T. Restrepo, S. Hofner (all OPP) related to vendor payments. Samir Saleem 2/23/ Discussion S. Saleem, T. Restrepo, S. Hofner (all OPP) related to vendor payments. Glenn Sniezek 2/23/ Update timing of weekly collections and disbursements in updated DIP Budget period for actual results through week ended 2/17/17 Glenn Sniezek 2/23/ Update cash flow model summary schedules to include May 2017 weekly assumptions for DIP Budget update. Glenn Sniezek 2/23/ Update cash flow model supporting schedules to include May 2017 weekly assumptions for DIP Budget update Tatiana Restrepo 2/24/ Review and respond to communications regarding timing of payments. Scott Anchin 2/24/ Review draft of cash flow forecast projections; prepare edits and supporting schedules Tatiana Restrepo 2/24/ Continue working on vendor mapping for 13 week reporting. Glenn Sniezek 2/25/ Call with S. Anchin (OPP) and G. Sniezek (OPP) regarding FTI diligence Scott Anchin 2/25/ Call with S. Anchin (OPP) and G. Sniezek (OPP) regarding FTI diligence Scott Anchin 2/25/ Review 13 week cash forecast Scott Anchin 2/25/ Review business plan at 12.9 strip Scott Anchin 2/26/ Review cash flow forecast Tatiana Restrepo 2/26/ Continue working on vendor mapping for 13 week reporting. Glenn Sniezek 2/27/ Prepare DIP Budget variance report for week ended 2/24/17 Scott Anchin 2/27/ Review changes to Company model and prepare supporting analysis Glenn Sniezek 2/28/ Call with S. Anchin (OPP) and G. Sniezek (OPP) re: DIP budget package week ended 2/24/17 Scott Anchin 2/28/ Call with S. Anchin (OPP) and G. Sniezek (OPP) re: DIP budget package week ended 2/24/17

94 Case Document Filed in TXSB on 06/30/17 Page 54 of 133 Cash Management & Collateral Tatiana Restrepo 2/28/ Discussion with Y. Hamadanian (VNR) regarding void activity and system reports. Glenn Sniezek 2/28/ Prepare bank balance schedule to include in weekly DIP reporting package Samir Saleem 2/28/ Review of weekly variance report before submission. Samir Saleem 2/28/ Review of last week's actual disbursements Glenn Sniezek 2/28/ Update Cash flow model supporting schedules for actuals for week ended 2/24/17 Tatiana Restrepo 2/28/ Updates to the activity data based on review comments and void information. Scott Anchin 2/28/ Review Company model and changes to cash flow forecasts; calls with R. Midgett (VNR) to discuss issues Tatiana Restrepo 2/28/ Download check register data, categorize, and include wire information as provided in the bank activity. Glenn Sniezek 3/1/ Meeting with R. Midgett (VNR) re: 2017 cash flow forecast and DIP Budget Tatiana Restrepo 3/1/ Discussion with Y. Hamadanian (VNR) regarding timing and budgeting of payments. Tatiana Restrepo 3/1/ Analysis of large oil and gas payments including discussion with Y. Hamadanian (VNR) over requirements needed. Tatiana Restrepo 3/1/ Downloading and categorizing payable invoices for forecasting purposes. Glenn Sniezek 3/1/ Update FY 2017 cash flow forecast model for 2/28 strip Glenn Sniezek 3/1/ Prepare summary open AP schedule for DIP Budget disbursements Glenn Sniezek 3/1/ Prepare accounts payable disbursement schedule for DIP Budget update Glenn Sniezek 3/1/ Prepare DIP Budget update revenue and other disbursement supporting schedules Scott Anchin 3/2/ Call with R. Midgett (VNR) to discuss cash flow projection and related model Glenn Sniezek 3/2/ Update DIP Budget for WE 3/3/17 activity to date Scott Anchin 3/2/ Review cash flow forecast and sensitivity analysis Tatiana Restrepo 3/2/ Analysis of recommended payments for payment category needed for budgeting purposes. Glenn Sniezek 3/2/ Prepare preliminary cumulative variance analysis thru 3/3/17 Glenn Sniezek 3/2/ Prepare preliminary variance analysis for WE 3/3/17 Glenn Sniezek 3/2/ Update DIP Budget for WE 3/3/17 activity to date Glenn Sniezek 3/2/ Update DIP Budget forecast period based on actual activity to date thru WE 3/3/17 Scott Anchin 3/3/ Prepare to VNR management re: changes to cash flow forecast Scott Anchin 3/3/ Prepare and respond to internal s regarding vendor related questions and other issues related to the cash flow forecast Glenn Sniezek 3/3/ Meeting with R. Midgett (VNR) re: DIP Budget package Glenn Sniezek 3/3/ Call with S. Anchin (OPP) and G. Sniezek (OPP) re: DIP Budget assumptions Scott Anchin 3/3/ Call with S. Anchin (OPP) and G. Sniezek (OPP) re: DIP Budget assumptions Glenn Sniezek 3/3/ Call with S. Anchin (OPP) and G. Sniezek (OPP) re: DIP Budget package Scott Anchin 3/3/ Call with S. Anchin (OPP) and G. Sniezek (OPP) re: DIP Budget package Scott Anchin 3/3/ Review weekly cash flow reports for creditors advisors; prepare internal with questions Glenn Sniezek 3/3/ Update DIP Budget package for comments from S. Anchin (OPP) Glenn Sniezek 3/3/ Update DIP Budget package for comments from S. Anchin (OPP) and R. Midgett (VNR) Glenn Sniezek 3/3/ Prepare DIP Budget assumptions page for DIP Reporting package

95 Case Document Filed in TXSB on 06/30/17 Page 55 of 133 Cash Management & Collateral Glenn Sniezek 3/3/ Prepare summary of changes in volume and pricing from Jan 2017 cash flow forecast to current monthly forecast Samir Saleem 3/3/ Review Disbursements File to determine all vendor payments above $1M. Scott Anchin 3/3/ Review cash flow forecast & professional fees forecast schedule; prepare with questions and changes Glenn Sniezek 3/3/ Prepare bridge of variances from Initial DIP Budget to current DIP Budget Scott Anchin 3/3/ Prepare supporting schedules for Cash Flow model and assumptions Scott Anchin 3/3/ Review DIP budget package and prepare for internal call to review Scott Anchin 3/3/ Review cash flow forecast & revenue analysis forecast schedule; prepare with questions and changes Glenn Sniezek 3/3/ Update FY 2017 monthly cash flow forecast based on updated DIP Budget Scott Anchin 3/4/ Review Lease Operating Statements for diligence request and prepare analysis Glenn Sniezek 3/6/ Meeting with R. Midgett (VNR) re: receipts and disbursement activity for WE 3/3/17 Glenn Sniezek 3/6/ Meeting with S. Anchin (OPP) and G. Sniezek (OPP) re: DIP Budget Variance Report for WE 3/3/17 Scott Anchin 3/6/ Meeting with S. Anchin (OPP) and G. Sniezek (OPP) re: DIP Budget Variance Report for WE 3/3/17 Glenn Sniezek 3/6/ Review disbursement file for WE 3/3/17 Glenn Sniezek 3/6/ Update Cash flow model supporting schedules for actuals for WE 3/3/17 Glenn Sniezek 3/6/ Update DIP Budget Variance Report for WE 3/3/17 for S. Anchin (OPP) comments Glenn Sniezek 3/6/ Update DIP Budget Variance Report for WE 3/3/17 Glenn Sniezek 3/6/ Prepare DIP Budget Cumulative Variance Report thru WE 3/3/17 Glenn Sniezek 3/6/ Prepare DIP Budget variance report for WE 3/3/17 Glenn Sniezek 3/6/ Update Cash flow model supporting schedules for actuals for WE 3/3/17 Tatiana Restrepo 3/6/ Combine multiple sources for last week's actuals into template for inclusion into 13 week model. Glenn Sniezek 3/7/ Update cash flow model for revised VNR Business Plan Glenn Sniezek 3/7/ Update cash flow model balance sheet for December 2016 actuals Glenn Sniezek 3/8/ Meeting with S. Anchin (OPP) and G. Sniezek (OPP) re: 2017 monthly cash flow forecast Scott Anchin 3/8/ Meeting with S. Anchin (OPP) and G. Sniezek (OPP) re: 2017 monthly cash flow forecast Glenn Sniezek 3/8/ Update 2017 monthly cash flow forecast for S. Anchin (VNR) comments Eason Qiu 3/8/ Discussion E. Qiu and S. Anchin (both OPP) related to preparations for the revenue model. Scott Anchin 3/8/ Discussion E. Qiu and S. Anchin (both OPP) related to preparations for the revenue model. Glenn Sniezek 3/8/ Meeting S. Anchin (OPP) and G. Sniezek (OPP) re: revised VNR Business Plan and Opportune Cash Flow Model Scott Anchin 3/8/ Meeting S. Anchin (OPP) and G. Sniezek (OPP) re: revised VNR Business Plan and Opportune Cash Flow Model Glenn Sniezek 3/8/ Update cash flow model balance sheet for January 2017 actuals Eason Qiu 3/8/ Continue to update the revenue model for each oil region. Eason Qiu 3/8/ Create and update the revenue model for each oil region. Glenn Sniezek 3/8/ Update 2017 monthly cash flow forecast for revised VNR business plan Eason Qiu 3/9/ Discussion E. Qiu and G. Sniezek (both OPP) related to updates for the revenue model.

96 Case Document Filed in TXSB on 06/30/17 Page 56 of 133 Cash Management & Collateral Glenn Sniezek 3/9/ Discussion E. Qiu and G. Sniezek (both OPP) related to updates for the revenue model. Scott Anchin 3/9/ Review draft of revenue and cost structure analysis Glenn Sniezek 3/9/ Prepare monthly balance sheet forecast template for the period Glenn Sniezek 3/9/ Review Lease Operating Statement historical data for 2016 by district and provide comments to E.Qiu (OPP) Eason Qiu 3/9/ Continue to update the revenue model for each oil region. Eason Qiu 3/9/ Continue to update the revenue model for each oil region. Glenn Sniezek 3/9/ Prepare schedule of post chapter 11 emergence activity that impacts the balance sheet for 2017 Eason Qiu 3/9/ Continue to update the revenue model for each oil region. Glenn Sniezek 3/9/ Prepare rollforward schedules for balance sheet forecast for the period Glenn Sniezek 3/10/ Call with S. Anchin (OPP) and G. Sniezek (OPP) re: Balance Sheet Forecast Scott Anchin 3/10/ Call with S. Anchin (OPP) and G. Sniezek (OPP) re: Balance Sheet Forecast Eason Qiu 3/10/ Discussion E. Qiu and G. Sniezek (both OPP) related to updates for the revenue model and preparation for comparison between Lease Operating Statement and Business Plan. Glenn Sniezek 3/10/ Discussion E. Qiu and G. Sniezek (both OPP) related to updates for the revenue model and preparation for comparison between Lease Operating Statement and Business Plan. Glenn Sniezek 3/10/ Prepare updated balance sheet for to reflect post emergence adjustments Glenn Sniezek 3/10/ Prepare updated debt schedule for for post emergence balance sheet Scott Anchin 3/10/ Review balance sheet forecast and related assumptions; prepare edits and questions Glenn Sniezek 3/10/ Prepare balance sheet detail schedule of debt and pre and post petition liabilities for Glenn Sniezek 3/10/ Prepare updated balance sheet with revised working capital assumptions for Eason Qiu 3/10/ Continue to update the revenue model for each oil region. Eason Qiu 3/10/ Create data comparison between Lease Operating Statement and Business Plan. Eason Qiu 3/10/ Continue to update the revenue model for each oil region. Scott Anchin 3/13/ Calls with R. Midgett (VNR) to discuss cash flow forecast and DIP financing Scott Anchin 3/13/ Review Company business plan; prepare to G. Sniezek (OPP) regarding analysis and supporting schedules Samir Saleem 3/13/ Review weekly disbursements file received from Company. Samir Saleem 3/13/ Review actual receipts and disbursements data from last week. Scott Anchin 3/14/ Call with R. Midgett (VNR) to discuss issues related to cash flow forecasts Glenn Sniezek 3/14/ Meeting with R. Midgett (VNR) re: receipts and disbursement activity for WE 3/10/17 Glenn Sniezek 3/14/ Review receipts and disbursement file for WE 3/10/17 Scott Anchin 3/14/ Review revenue analysis and prepare internal s to discuss follow-on work Samir Saleem 3/14/ Review weekly cash report before distribution to creditors. Glenn Sniezek 3/14/ Update Cash flow model supporting schedules for actuals for WE 3/10/17

97 Case Document Filed in TXSB on 06/30/17 Page 57 of 133 Cash Management & Collateral Tatiana Restrepo 3/14/ Research in Bolo for vendor mapping for purposes of the cash flow categorization. Tatiana Restrepo 3/14/ Download data and combine multiple sources for last week's actuals into template for inclusion into 13 week model. Glenn Sniezek 3/14/ Prepare DIP Budget Variance Report for WE 3/10/17 Scott Anchin 3/15/ Prepare supporting schedule for cash flow model analysis Scott Anchin 3/15/ Review cash flow model analysis and supporting schedules Glenn Sniezek 3/15/ Update cash flow model for business plan Glenn Sniezek 3/15/ Update working capital schedules in cash flow model based on business plan Glenn Sniezek 3/15/ Update cash flow model supporting schedules for Business Plan Samir Saleem 3/16/ Finish final review and approval of this week's check run. Scott Anchin 3/16/ Review LOS activity and prepare supporting schedules Scott Anchin 3/17/ Review cash transfer issue and prepare internal s to discuss Glenn Sniezek 3/17/ Update cash flow model to include ad hoc equity committee advisor fees Scott Anchin 3/17/ Review Cash flow forecast analysis; prepare supporting schedules and questions Samir Saleem 3/20/ Review of weekly Disbursements File received from Company. Glenn Sniezek 3/20/ Review receipts and disbursement file for WE 3/17/17 Glenn Sniezek 3/20/ Update Cash flow model supporting schedules for actuals for WE 3/17/17 Glenn Sniezek 3/20/ Prepare DIP Budget Variance Report for WE 3/17/17 Samir Saleem 3/21/ Review of weekly cash variance report. Glenn Sniezek 3/21/ Prepare cumulative cash flow variance schedule for WE 3/17/17 Glenn Sniezek 3/21/ Prepare DIP Budget Variance Report for WE 3/17/17 Scott Anchin 3/22/ Calls with R. Midgett (VNR) to discuss cash flow forecast, company business plan and related issues Scott Anchin 3/22/ Review cash flow forecast variances and explanations Scott Anchin 3/22/ Review Glasscock asset sale and related issues Tatiana Restrepo 3/22/ Review of new G&A budget to be included in the forecast model, including providing comments and research in Bolo. Scott Anchin 3/22/ Review Balance Sheet forecast and working cap assumptions Glenn Sniezek 3/22/ Update working capital schedules for monthly cash flow forecast for March '17 Business Plan Glenn Sniezek 3/22/ Update monthly cash flow forecast for March '17 Business Plan Glenn Sniezek 3/23/ Call with S. Anchin (OPP) and G. Sniezek (OPP) re: cash flow forecast for Scott Anchin 3/23/ Call with S. Anchin (OPP) and G. Sniezek (OPP) re: cash flow forecast for Glenn Sniezek 3/23/ Call with S. Anchin (OPP) and G. Sniezek (OPP) re: updated monthly cash flow for 2017 Scott Anchin 3/23/ Call with S. Anchin (OPP) and G. Sniezek (OPP) re: updated monthly cash flow for 2017 Samir Saleem 3/23/ Review check run totals for this week before approval. Glenn Sniezek 3/23/ Prepare assumptions page for updated monthly cash flow forecast Glenn Sniezek 3/23/ Prepare updates to monthly cash flow model for 2017 per S. Anchin (OPP) comments Glenn Sniezek 3/23/ Update debt schedules in monthly cash flow model Scott Anchin 3/23/ Review cash flow forecast and model; send to G. Sniezek (OPP) with changes Glenn Sniezek 3/23/ Update monthly cash flow forecast from for March '17 business plan and revised debt emergence assumptions

98 Case Document Filed in TXSB on 06/30/17 Page 58 of 133 Cash Management & Collateral Glenn Sniezek 3/24/ Call with S. Anchin and G. Sniezek (both OPP) re: revised March '17 Business Plan and cash flow forecast Scott Anchin 3/24/ Call with S. Anchin and G. Sniezek (both OPP) re: revised March '17 Business Plan and cash flow forecast Glenn Sniezek 3/24/ Prepare working capital schedule summary for by quarter Glenn Sniezek 3/24/ Review updated company model and provide comments on cash flows included in the model Glenn Sniezek 3/24/ Prepare cash flow forecast package for revised March '17 business plan for Glenn Sniezek 3/24/ Prepare schedules bridging cash flows from revised March '17 Business Plan to prior version Glenn Sniezek 3/24/ Prepare updated cash flow forecast for based on revised March '17 Business Plan Glenn Sniezek 3/27/ Call with S. Anchin and G. Sniezek (both OPP) re: 2017 monthly cash flow forecast Scott Anchin 3/27/ Call with S. Anchin and G. Sniezek (both OPP) re: 2017 monthly cash flow forecast Tatiana Restrepo 3/27/ Download Bolo data that is necessary for the last week's disbursements for purposes of updating the 13 week cash flow. Glenn Sniezek 3/27/ Meeting with R. Midgett (VNR) re: company business plan model changes Glenn Sniezek 3/27/ Review company model for changes made to capital structure assumptions Samir Saleem 3/27/ Review of weekly Disbursements File received from Company. Glenn Sniezek 3/27/ Call with EV, PJT, S. Anchin and G. Sniezek (both OPP) re: 2017 monthly cash flow forecast Scott Anchin 3/27/ Call with EV, PJT, S. Anchin and G. Sniezek (both OPP) re: 2017 monthly cash flow forecast Glenn Sniezek 3/27/ Adjust monthly cash flow forecast for changes to capex and other disbursements Glenn Sniezek 3/27/ Prepare summary of changes from Feb '17 monthly cash flow forecast to current forecast Glenn Sniezek 3/27/ Prepare monthly cash flow forecast to reflect impact of changes to March '17 company business plan Scott Anchin 3/27/ Review draft of changes to Company business plan and impact to cash flow forecast (2.0); prepare and review supporting analysis and presentations for Company review (1.5) Glenn Sniezek 3/28/ Meeting with R Midgett (VNR) re: DIP Budget variance report for WE 3/24/17 Glenn Sniezek 3/28/ Prepare cumulative cash flow variance schedule for WE 3/24/17 Glenn Sniezek 3/28/ Review receipts and disbursement file for WE 3/24/17 Glenn Sniezek 3/28/ Update professional fee schedule in cash flow model for actual invoices received from professionals Samir Saleem 3/28/ Review of weekly cash variance report. Scott Anchin 3/28/ Review professional fee forecast; review invoices received and revise forecast Scott Anchin 3/28/ Prepare revised cash flow forecast; prepare to VNR to review Glenn Sniezek 3/28/ Update Cash flow model supporting schedules for actuals for WE 3/24/17 Tatiana Restrepo 3/28/ Review data and prepare disbursements file for last week' activity for purposes of updating the 13 week model. Glenn Sniezek 3/28/ Prepare DIP Budget variance report WE 3/24/17 Glenn Sniezek 3/29/ Call with S. Anchin and G. Sniezek (both OPP) re: DIP Budget and 2017 monthly cash flow forecast

99 Case Document Filed in TXSB on 06/30/17 Page 59 of 133 Cash Management & Collateral Scott Anchin 3/29/ Call with S. Anchin and G. Sniezek (both OPP) re: DIP Budget and 2017 monthly cash flow forecast Glenn Sniezek 3/29/ Prepare analysis of variances from current 2017 monthly cash flow forecast to one prepared on 3/24/17 Glenn Sniezek 3/29/ Prepare updated DIP Budget for the period April - June 2017 Glenn Sniezek 3/29/ Prepare variance analysis to prior DIP Budget Glenn Sniezek 3/29/ Prepare updated DIP Budget for the period April - June 2017 Glenn Sniezek 3/29/ Prepare updated 2017 monthly cash flow forecast Glenn Sniezek 3/30/ Call with S. Anchin and G. Sniezek (both OPP) re: 2017 monthly cash flow forecast Scott Anchin 3/30/ Call with S. Anchin and G. Sniezek (both OPP) re: 2017 monthly cash flow forecast Glenn Sniezek 3/30/ Call with S. Anchin and G. Sniezek (both OPP) re: updated DIP Budget Scott Anchin 3/30/ Call with S. Anchin and G. Sniezek (both OPP) re: updated DIP Budget Glenn Sniezek 3/30/ Meeting with R. Midgett (VNR) re: actual cash flow activity for WE 3/31/17 Glenn Sniezek 3/30/ Meeting with R. Midgett (VNR) re: updated DIP Budget Glenn Sniezek 3/30/ Identify variances and prepare notes regarding variances from current monthly cash flow forecast to prior forecast Glenn Sniezek 3/30/ Prepare schedule bridging variances from current monthly cash flow forecast to Feb '17 monthly forecast Glenn Sniezek 3/30/ Prepare summary of variances from current monthly cash flow forecast to Feb '17 monthly forecast Glenn Sniezek 3/30/ Prepare updated professional fee schedule for DIP Budget and monthly forecast Glenn Sniezek 3/30/ Review and summarize actual to date receipts and disbursement activity for WE 3/31/17 Glenn Sniezek 3/30/ Update DIP Budget forecast period based on actual activity to date thru WE 3/31/17 Glenn Sniezek 3/30/ Update DIP Budget for actual to date cash flows for WE 3/31/17 Scott Anchin 3/30/ Review monthly cash flow forecast and supporting assumptions; prepare revised analysis Glenn Sniezek 3/31/ Call with S. Anchin and G. Sniezek (both OPP) re: updated DIP Budget Scott Anchin 3/31/ Call with S. Anchin and G. Sniezek (both OPP) re: updated DIP Budget Glenn Sniezek 3/31/ Meeting with R. Midgett (VNR) re: actual cash flow activity for WE 3/31/17 Glenn Sniezek 3/31/ Meeting with R. Midgett (VNR) re: updated DIP Budget and 2017 monthly forecast Glenn Sniezek 3/31/ Prepare DIP Budget files for distribution to creditor professionals Glenn Sniezek 3/31/ Review changes to cash flows for in company business plan model Glenn Sniezek 3/31/ Update DIP Budget for actual to date cash flows for WE 3/31/17 Samir Saleem 3/31/ Review updated DIP budget before distribution to external parties. Glenn Sniezek 3/31/ Update DIP Budget and 2017 monthly cash flow forecast for comments from S. Anchin (OPP) Scott Anchin 3/31/ Prepare revised monthly cash flow forecast and supporting schedules Scott Anchin 3/31/ Review changes to cash flow forecast and underlying assumptions in Company Business Plan Glenn Sniezek 3/31/ Update working capital schedules for Glenn Sniezek 4/2/ Prepare schedule that bridges ending cash at emergence from Feb '17 cash flow forecast to March '17 cash flow forecast Glenn Sniezek 4/3/ Call with S. Anchin and G. Sniezek (both OPP) re: monthly cash flow forecast

100 Case Document Filed in TXSB on 06/30/17 Page 60 of 133 Cash Management & Collateral Glenn Sniezek 4/3/ Review receipts and disbursements file for WE 3/31/17 Glenn Sniezek 4/3/ Update schedule providing detail of changes from v monthly cash flow forecasts Samir Saleem 4/3/ Review of weekly Disbursements File received from Company. Scott Anchin 4/3/ Call with S. Anchin and G. Sniezek (both OPP) re: monthly cash flow forecast Scott Anchin 4/3/ Review revised monthly cash flow forecast; prepare s to Evercore Tatiana Restrepo 4/3/ Review of revenue's voided check files. Tatiana Restrepo 4/3/ Download and review last week's activity from Bolo, and begin preparing the disbursements file for its use on the 13 week. Glenn Sniezek 4/4/ Prepare Cumulative DIP Budget Variance Report for WE 3/31/17 Glenn Sniezek 4/4/ Update capital structure and liquidity schedules in cash flow model for revised proposed emergence capital structure Glenn Sniezek 4/4/ Update cash flow model for WE 3/31/17 actual results Glenn Sniezek 4/4/ Prepare DIP Budget Variance Report for WE 3/31/17 Samir Saleem 4/4/ Review weekly O&G Report and weekly cash variance report. Tatiana Restrepo 4/4/ Review and respond to s regarding the revenue check process. Tatiana Restrepo 4/4/ Updates to the disbursements file to include new data. Glenn Sniezek 4/5/ Prepare schedule of disbursements >$50k for WE check runs Glenn Sniezek 4/5/ Update emergence adjustments schedule for revised proposed capital structure Glenn Sniezek 4/5/ Update equity allocation schedule for revised proposed capital structure Glenn Sniezek 4/5/ Update debt schedule for revised proposed capital structure Glenn Sniezek 4/5/ Update balance sheet in cash flow model for Feb '17 actual results Glenn Sniezek 4/5/ Update balance sheet in cash flow model for revised proposed capital structure and updated March '17 business plan Samir Saleem 4/5/ Review this week's proposed check run files and sign off on payments. Glenn Sniezek 4/6/ Prepare 2017 monthly cash flow forecast for company Business Plan Upside Case Samir Saleem 4/6/ Review cash calls forecasted to be made next week. Tatiana Restrepo 4/6/ Review and respond to various s regarding payments and related reporting. Glenn Sniezek 4/7/ Prepare working capital schedules for business plan upside case Glenn Sniezek 4/7/ Prepare detail schedule showing changes from 2017 Base Case v 2017 Upside Case cash flow forecasts. Glenn Sniezek 4/7/ Prepare pricing sensitivity analysis for Business Plan Upside Case Scott Anchin 4/7/ Review schedule of potential asset sales and estimated proceeds; prepare internal s to discuss related issues Scott Anchin 4/7/ Review diligence request and materials prepared by Company; prepare to K. Asarnow (RPA) regarding revised marketing contract and benefits to company Scott Anchin 4/7/ Prepare and review draft of revised cash flow forecasts, excluding drilling programs. Prepare to Evercore to discuss. Glenn Sniezek 4/10/ G. Sniezek, S. Hofner, and T.Restrepo (all OPP) meeting to discuss disbursement process for 13 week recording. Glenn Sniezek 4/10/ Meeting with R. Midgett (VNR) re: cash receipts activity for WE 4/7/17 Glenn Sniezek 4/10/ Review cash receipts and disbursement bank activity file for WE 4/7/17 Glenn Sniezek 4/10/ Update vendor master file coding by 13 week disbursements category for additional vendors Glenn Sniezek 4/10/ Prepare summary of actual disbursements by category for WE 4/7/17

101 Case Document Filed in TXSB on 06/30/17 Page 61 of 133 Cash Management & Collateral Glenn Sniezek 4/10/ Update cash flow model to change comparison and related detail schedules to compare to DIP Budget and revised 2017 monthly forecast. Samir Saleem 4/10/ Review of weekly Disbursements File received from Company. Shannon Hofner 4/10/ G. Sniezek, S. Hofner, and T. Restrepo (all OPP) meeting to discuss disbursement process for 13 week recording. Tatiana Restrepo 4/10/ G. Sniezek, S. Hofner, and T. Restrepo (all OPP) meeting to discuss disbursement process for 13 week recording. Tatiana Restrepo 4/10/ Download and review last week's activity from Bolo, and preparing the disbursements file for its use on the 13 week. Glenn Sniezek 4/11/ Update professional fee schedule for cash flow model Glenn Sniezek 4/11/ Prepare Oil and Gas Obligations Report for FTI for WE 4/7/17 Glenn Sniezek 4/11/ Update cash flow model detail schedules for actual activity for WE 4/7/17 Glenn Sniezek 4/11/ Prepare updated equity split calculation based on revised valuation and capital structure Glenn Sniezek 4/11/ Prepare DIP Budget variance report for WE 4/7/17 Samir Saleem 4/11/ Prepare for meeting with Company to discuss disbursements file. Samir Saleem 4/11/ Discuss payment review process with S. Saleem (OPP) and S. Hofner (OPP) and walk through check run file. Samir Saleem 4/11/ Meeting with the Company to brainstorm and create process to determine pre/post petition disbursements analysis. Samir Saleem 4/11/ Review weekly O&G Report and weekly cash variance report. Scott Anchin 4/11/ Review weekly variance report and supporting schedules; prepare s to G. Sniezek (OPP) with changes Shannon Hofner 4/11/ Discuss payment review process with S. Saleem (OPP) and S. Hofner (OPP) and walk through check run file. Glenn Sniezek 4/12/ Update restructuring costs schedule in cash flow model to include detail for proposed exit facility costs Glenn Sniezek 4/12/ Update long-term cash flow forecast for actual results through Feb 2017 and revised post emergence capital structure Glenn Sniezek 4/12/ Update cash flow model detailed working capital schedules for actual results through Feb 2017 and monthly cash flow activity for Glenn Sniezek 4/13/ Prepare Reconciliation of Feb '17 cash balance per 2017 Monthly Cash Flow Forecast and Feb '17 Monthly Operating Report Glenn Sniezek 4/13/ Prepare working capital detail schedules with footnotes for 2017 Monthly Cash Flow Forecast and quarterly cash flows per Company Model Samir Saleem 4/13/ Review FTI list of questions in advance of call regarding monthly cash flow forecast. Glenn Sniezek 4/17/ Review cash receipts and disbursement bank activity file for WE 4/14/17 Glenn Sniezek 4/17/ Prepare summary of actual disbursements by category for WE 4/14/17 Glenn Sniezek 4/17/ Update Reconciliation of Feb '17 cash balance per 2017 Monthly Cash Flow Forecast and Feb '17 Monthly Operating Report Samir Saleem 4/17/ Review of weekly Disbursements File received from Company. Tatiana Restrepo 4/17/ Download and review prior week's cash activity from Bolo and describe process to G. Sniezek (OPP). Glenn Sniezek 4/18/ Meeting with R. Midgett (VNR) re: DIP Budget variance report for WE 4/14/17 Glenn Sniezek 4/18/ Continue preparing summary of actual disbursements by category for WE 4/14/17 Glenn Sniezek 4/18/ Prepare Oil and Gas Obligations Report for FTI for WE 4/14/17

102 Case Document Filed in TXSB on 06/30/17 Page 62 of 133 Cash Management & Collateral Glenn Sniezek 4/18/ Prepare sensitivity analysis to reflect impact on cash flows from changes in oil and natural gas strip pricing Glenn Sniezek 4/18/ Prepare DIP Budget variance report for WE 4/14/17 Glenn Sniezek 4/18/ Update cash flow model detail schedules for actual activity for WE 4/14/17 Samir Saleem 4/18/ Review weekly O&G Report and weekly cash variance report. Scott Anchin 4/18/ Review changes to cash flow forecast Scott Anchin 4/18/ Review weekly variance report; prepare to G. Sniezek (OPP) with comments Glenn Sniezek 4/19/ Meeting with R. Midgett (VNR) re: April '17 DIP Budget update Glenn Sniezek 4/19/ Prepare price sensitivity summary schedule to reflect estimated impact from fluctuations in strip pricing Glenn Sniezek 4/19/ Prepare cash flow forecasts reflecting impact of price sensitivities per Company's Business Plan Glenn Sniezek 4/19/ Prepare models reflecting impact of price sensitivity on revenue and expense detail per Company's Business Plan. Samir Saleem 4/19/ Review this week's proposed check run files and sign off on payments. Glenn Sniezek 4/20/ Meeting with R. Midgett (VNR) re: 2017 forecasted cash receipts and CapEx Glenn Sniezek 4/20/ Review draft March '17 Lease Operating Report Glenn Sniezek 4/20/ Prepare schedule categorizing cash receipts by type of collection for April 2017 Glenn Sniezek 4/20/ Prepare summary analysis that compares March '17 Lease Operating Report to Company Business Plan forecast Glenn Sniezek 4/20/ Update cash flow model to incorporate changes to model for April '17 DIP Budget update Glenn Sniezek 4/21/ Prepare schedule categorizing cash receipts by type of collection for April 2017 Glenn Sniezek 4/21/ Update cash flow model balance sheet for draft March '17 actual results Glenn Sniezek 4/21/ Update detail working capital schedules in cash flow model for draft March '17 actual results Scott Anchin 4/21/ Review cash flow forecast and variance analysis Scott Anchin 4/21/ Participate on calls with M. Carnes (VNR) to discuss asset sales; prepare supporting schedule and update cash flow forecast Glenn Sniezek 4/24/ Review receipts and disbursements file for WE 4/21/17 Glenn Sniezek 4/24/ Prepare DIP Budget variance report for WE 4/21/17 Glenn Sniezek 4/24/ Prepare summary of actual disbursements by category for WE 4/21/17 Glenn Sniezek 4/24/ Update cash flow model detail schedules for actual activity for WE 4/21/17 Samir Saleem 4/24/ Review of weekly Disbursements File received from Company. Glenn Sniezek 4/25/ Prepare cumulative DIP Budget Variance Report for WE 4/21/17 Glenn Sniezek 4/25/ Prepare Oil and Gas Obligations Report for FTI for WE 4/21/17 Glenn Sniezek 4/25/ Prepare April '17 DIP Budget Update Samir Saleem 4/25/ Review current professional fee forecast for purposes of updating for revised DIP budget. Samir Saleem 4/25/ Review weekly O&G Report and weekly cash variance report. Glenn Sniezek 4/26/ Call with S. Anchin, S. Saleem and G. Sniezek (all OPP) re: Professional Fee forecast Glenn Sniezek 4/26/ Meeting with R. Midgett (VNR) re: April '17 DIP Budget update Glenn Sniezek 4/26/ Prepare schedule summarizing impact of current commodity strip pricing on forecasted cash flows Glenn Sniezek 4/26/ Update Business Plan to reflect current commodity strip pricing Glenn Sniezek 4/26/ Prepare April '17 DIP Budget update

103 Case Document Filed in TXSB on 06/30/17 Page 63 of 133 Cash Management & Collateral Samir Saleem 4/26/ Call with S. Anchin, S. Saleem and G. Sniezek (all OPP) re: Professional Fee forecast Scott Anchin 4/26/ Call with S. Anchin, S. Saleem and G. Sniezek (all OPP) re: Professional Fee forecast Glenn Sniezek 4/27/ Meeting with S. Anchin and G. Sniezek (both OPP) re: April '17 DIP Budget and 2017 monthly forecast updates Glenn Sniezek 4/27/ Update professional fee schedule in cash flow model to match professional fee tracker schedule Glenn Sniezek 4/27/ Update Professional fee tracker detail schedule forecast period. Glenn Sniezek 4/27/ Include actual receipt and disbursements activity to date for WE 4/28/17 for April '17 DIP Budget update Glenn Sniezek 4/27/ Prepare 2017 monthly cash flow forecast update Scott Anchin 4/27/ Meeting with S. Anchin and G. Sniezek (both OPP) re: April '17 DIP Budget and 2017 monthly forecast updates Scott Anchin 4/27/ Review cash flow forecast and revised DIP budget Glenn Sniezek 4/28/ Meeting with R. Midgett (VNR) re: April '17 DIP Budget update Glenn Sniezek 4/28/ Update actual receipt and disbursements activity to date for WE 4/28/17 for April '17 DIP Budget update Glenn Sniezek 4/28/ Prepare reconciliation of changes from April ' Monthly Cash Flow Forecast to March ' Monthly Cash Flow Forecast Glenn Sniezek 4/28/ Prepare April '17 DIP Budget Update Glenn Sniezek 4/28/ Prepare reconciliation of changes from April '17 DIP Budget to March '17 DIP Budget Scott Anchin 4/28/ Review cash flow forecast and revised DIP budget Total 592.7

104 Case Document Filed in TXSB on 06/30/17 Page 64 of 133 Claims Administration & Objections Samir Saleem 3/1/ Provide Company with Claims information for vendors. Scott Anchin 3/2/ Call with J. Grogan (PH) to discuss litigation issue and related matters Scott Anchin 3/2/ Review claims forecast and prepare supporting schedule Scott Anchin 3/7/ Prepare and review claims analysis; update for litigation related issues Scott Anchin 3/10/ Review draft of claims analysis; prepare edits and supporting schedules Scott Anchin 3/16/ Review claims estimates and prepare supporting schedules Scott Anchin 3/22/ Prepare and review claims analysis and supporting schedules Scott Anchin 3/23/ Review claims estimates for liquidation analysis; prepare for internal meeting to review Shannon Hofner 3/23/ Begin preparation of claim estimate report based on review of invoices on hold from BOLO accounting system. Shannon Hofner 3/24/ Review of initial claim listing received from Prime Clerk; review of existing matching and mapping of data fields to incorporate into claims database. Shannon Hofner 3/24/ Development of claims database for tracking/matching of filed and scheduled claims and related reporting. Shannon Hofner 3/24/ Continuation preparation of scheduled liabilities table for incorporation in claims database. Tatiana Restrepo 3/27/ Review and respond to s regarding tax claims. Shannon Hofner 3/27/ Update scheduled liabilities table in claims database. Shannon Hofner 3/27/ Continue preparation of claims estimate report for S.Anchin (OPP). Shannon Hofner 3/27/ Continue review of filed claims to categorize and match to scheduled claims. Shannon Hofner 3/27/ Review and classification of claims; coded withdrawn claims Shannon Hofner 3/27/ Continuation of review of claims filed to date to identify claims category Samir Saleem 3/28/ Follow-up meeting with the Company to discuss TB tieout for claims analysis. Samir Saleem 3/28/ Meeting with the Company to discuss TB tieout for claims analysis. Shannon Hofner 3/28/ Continue review of filed claims to categorize and match to scheduled claims to build claims database. Scott Anchin 3/29/ Review vendor related issue and s from counsel Shannon Hofner 3/29/ Review of claims received to date to categorize for claims database. Shannon Hofner 3/29/ Complete review of initial claims received and categorize claims. Shannon Hofner 3/29/ Continue initial set-up of claims database to begin claims categorization process. Samir Saleem 3/30/ Research and respond to correspondences to the Company regarding Admin Claims. Shannon Hofner 3/30/ Assignment of creditor id match codes in claims database to assist in grouping and reconciliation of claims. Shannon Hofner 3/30/ Continuation of set-up of claims database to record and track claims and match to scheduled items. Shannon Hofner 3/30/ Perform claims matching to incorporate in claims database. Shannon Hofner 3/31/ Update claims database to reflect withdrawn claims and update creditor information for selected claims. Shannon Hofner 3/31/ Continuation of matching of claims to schedules and assignment of creditor match codes to aid in reconciliation of claims. Shannon Hofner 3/31/ Continuation of set-up of claims database; initial matching of claims and schedules to establish creditor match codes. Shannon Hofner 3/31/ Completion of initial review of filed claims to date and scheduled items to assign creditor match codes to facilitate claims tracking and reconciliation.

105 Case Document Filed in TXSB on 06/30/17 Page 65 of 133 Claims Administration & Objections Scott Anchin 4/3/ Call S. Anchin, S. Hofner (both OPP) to discuss preparation of initial claim estimates related to open invoices, creation of official claims register from Prime Clerk data received to date, and related timelines to research claims. Scott Anchin 4/3/ Review claims analysis; prepare supporting schedules; prepare s to R. Midgett (VNR) regarding contract rejection claim Shannon Hofner 4/3/ Additional review of new claims listing received from Prime Clerk to incorporate into claims database. Shannon Hofner 4/3/ Call S. Anchin, S. Hofner (both OPP) to discuss preparation of initial claim estimates related to open invoices, creation of official claims register from Prime Clerk data received, and related timelines to research claims. Shannon Hofner 4/3/ Download of payments on hold from BOLO accounting system to prepare initial claims estimate report for discussion with Y. Hamadanian (VNR) Shannon Hofner 4/3/ Update of initial claims estimate report to group Open AP by vendor and date and incorporate category codes to help identify open items for payment Shannon Hofner 4/3/ Initial review of new claims file received from J. Karotkin (PC) to create template for incorporation in claims model Shannon Hofner 4/3/ Review and processing of new claims report received by Prime Clerk; incorporation of all new claims into claims register format, assigning of claim categories, and matching claims to scheduled items. Samir Saleem 4/4/ Call with R. Midgett, J. Monroe (both VNR), S. Saleem, S. Anchin (both OPP) to discuss tax claims and related issues Scott Anchin 4/4/ Call with R. Midgett, J. Monroe (both VNR), S. Saleem, S. Anchin (both OPP) to discuss tax claims and related issues Shannon Hofner 4/4/ Matching of new claims received to scheduled items. Shannon Hofner 4/4/ Preparation of outstanding claim estimate report related to open invoices and forward for review. Shannon Hofner 4/4/ Preparation of updated claims listing for all claims filed to date. Shannon Hofner 4/4/ Updates to claims register with new claims received from Prime Clerk. Scott Anchin 4/5/ Discussion S. Anchin, S. Hofner (both OPP) of claim estimate exposure related to invoices on hold and filed claims to date; outlined timeline to update estimates. Scott Anchin 4/5/ Meeting with S. Saleem, S. Anchin (both OPP) to review and revise claims estimates Shannon Hofner 4/5/ Discussion S. Anchin, S. Hofner (both OPP) of claim estimate exposure related to invoices on hold and filed claims to date; outlined timeline to update estimates. Shannon Hofner 4/5/ Coding of claim status updates in claims register to identify claims for future objection and reduce total claims pool. Shannon Hofner 4/5/ Meeting with H. Minton (VNR) to discuss select JIB partners and netting of revenue to update claim estimates. Shannon Hofner 4/5/ Preparation of updates to claim estimates related to open invoices for review and discussion. Shannon Hofner 4/5/ Preparation of updates to claim estimates; research of open AP for select vendors in BOLO accounting system to determine claim exposure. Shannon Hofner 4/6/ Identification and coding of amended claims to update claims register. Shannon Hofner 4/6/ Review of updated claims listing received from Prime Clerk; import of new claims into claims register, categorization and matching of claims to schedules. Samir Saleem 4/7/ Meeting with S. Anchin (OPP) and S. Saleem (OPP) to discuss CH. 11 claims analysis. Samir Saleem 4/7/ Update and review debt schedule for CH. 11 claims vs CH. 7 claims.

106 Case Document Filed in TXSB on 06/30/17 Page 66 of 133 Claims Administration & Objections Samir Saleem 4/7/ Update Ch. 11 claims analysis based on earlier meeting. Samir Saleem 4/7/ Create a detailed claims analysis for chapter 11 claims classes. Scott Anchin 4/7/ Meeting with S. Anchin (OPP) and S. Saleem (OPP) to discuss CH. 11 claims analysis. Shannon Hofner 4/7/ Review of outstanding information for disclosure statement received from Paul Hastings to identify items related to claim estimates Shannon Hofner 4/7/ Review of claims register to identify duplicative and amended claim to flag for initial objection and reduce overall claim exposure for upcoming claim reporting. Eason Qiu 4/10/ Review claims filed and prepare schedules of claims Eason Qiu 4/10/ Continue to review claims filed and prepare schedules of claims Scott Anchin 4/10/ Review claims analysis and prepare supporting analysis Shannon Hofner 4/10/ Preparation of current claims register to forward to colleague for review by UCC. Shannon Hofner 4/10/ Updating of pre-petition claim amount estimate file. Shannon Hofner 4/10/ Identification and coding of additional claims for objection Eason Qiu 4/11/ Continue to review claims filed and prepare schedules of claims Eason Qiu 4/11/ Continue to review claims filed and prepare schedules of claims Eason Qiu 4/11/ Continue to review claims filed and prepare schedules of claims Samir Saleem 4/11/ Multiple call with S. Saleem, S. Anchin (OPP) to discuss chapter 7 and 11 estimates of claims and preparation of supporting schedules Scott Anchin 4/11/ Calls with J. Grogan (PH) to discuss contract rejection claim; review and prepare correspondences with PH regarding claims related issues Scott Anchin 4/11/ Multiple call with S. Saleem, S. Anchin (both OPP) to discuss chapter 7 and 11 estimates of claims and preparation of supporting schedules Shannon Hofner 4/11/ Review of claims received to date and continued identification and coding of claims for potential objection. Tatiana Restrepo 4/11/ Research on claims process in other cases. Samir Saleem 4/12/ Provide PH with breakdown of debt claims. Scott Anchin 4/12/ Update claims estimate; prepare to Evercore with estimates Scott Anchin 4/13/ Review royalty suspense related issue; prepare internal s to discuss issue Shannon Hofner 4/13/ Identification of additional claims for possible objection and updating of related tables in claims database. Shannon Hofner 4/13/ Initial review of claims data received from claims agent; preparation of uploading template and incorporating into claims database. Shannon Hofner 4/13/ Review and categorization of new claims received from claims agent; categorization of new claims in database matching of filed to scheduled claims to assist in claims resolution process. Eason Qiu 4/17/ Continue to review claims filed and prepare schedules of claims Scott Anchin 4/17/ Calls with S. Hofner, S. Anchin (both OPP) to discuss claims related issues Shannon Hofner 4/17/ Calls with S. Hofner, S. Anchin (both OPP) to discuss claims related issues Tatiana Restrepo 4/17/ Work on claims register to break out claims into separate groups. Eason Qiu 4/18/ Continue to review claims filed and prepare schedules of claims Scott Anchin 4/18/ Prepare claims analysis, including estimates for General Unsecured Claims Eason Qiu 4/19/ Continue to review claims filed and prepare schedules of claims Scott Anchin 4/19/ Prepare contract request analysis Eason Qiu 4/20/ Continue to review claims filed and prepare schedules of claims Scott Anchin 4/20/ Update debt schedule and supporting claims analysis Scott Anchin 4/20/ Prepare claims analysis; call with M. Moss, W. Anifowoshe (both EV) to discuss

107 Case Document Filed in TXSB on 06/30/17 Page 67 of 133 Claims Administration & Objections Scott Anchin 4/20/ Additional work on claims analysis Shannon Hofner 4/20/ Claim research of paid amounts from BOLO accounting system. Shannon Hofner 4/20/ Research of outstanding accounts payable for selected vendors to update claim estimates. Shannon Hofner 4/20/ Review and categorization of new claims received; preparation of template and import of claims data into claims register. Eason Qiu 4/21/ Continue to review claims filed and prepare schedules of claims Scott Anchin 4/21/ Review pref. equity calculations and prepare supporting analysis Scott Anchin 4/21/ Review revised pref equity claim analysis Shannon Hofner 4/21/ Preparation of additional updates to GUC claims estimates based on new claims received. Shannon Hofner 4/21/ Matching of claims received to scheduled items. Eason Qiu 4/24/ Continue to review claims filed and prepare schedules of claims Eason Qiu 4/25/ Continue to review claims filed and prepare schedules of claims Scott Anchin 4/25/ Prepare claims analysis and supporting schedules Scott Anchin 4/26/ Call with A. Bongartz (PH) to discuss claims related issues Scott Anchin 4/26/ Call with C. Dickerson (PH) to discuss claims related issues Scott Anchin 4/27/ Meeting with S. Smith, R. Midgett (VNR) to discuss claims reconciliation and negotiations Shannon Hofner 4/27/ Reconciliation of claims database to filed claims received from Prime Clerk; import of additional claim data. Shannon Hofner 4/27/ Research of payment history for selected vendors for claim estimation process Shannon Hofner 4/27/ Review of selected claims to identify duplicative and amended claims to flag for objection in claims database. Shannon Hofner 4/27/ Begin review and categorization of new claims received to update claims database. Shannon Hofner 4/27/ Formatting of additional claims data received from Prime Clerk and incorporation into claims database for tracking and estimation process. Scott Anchin 4/28/ Review claims related issues; prepare s to C. Dickerson, J. Grogan (both PH) regarding claims bar date and related issues Scott Anchin 4/28/ Review claims register and update analysis Shannon Hofner 4/28/ Preparation of updated claim listing to identify and estimate pre-petition liability associated with new filed claims received. Shannon Hofner 4/28/ Matching of new claims received to link filed and scheduled claims for selected creditors. Shannon Hofner 4/28/ Additional preparation of working claim estimate / pre-petition liability exposure report to reflect additional claims received. Shannon Hofner 4/28/ Additional claim review and classification for incorporation in claims database and assist with matching process to scheduled claims. Shannon Hofner 4/28/ Preparation of updated claims report including GUC claim estimates for unsecured Plan Class. Total 161.7

108 Case Document Filed in TXSB on 06/30/17 Page 68 of 133 Creditor Scott Anchin 2/7/ Call with R. Midgett (VNR) and RPA (various) to discuss diligence issues Glenn Sniezek 2/7/ Prepare 2017 cash flow forecast slides for RBL lender presentation Scott Anchin 2/9/ Review diligence questions and prepare s to PJT (various) to respond to diligence questions Scott Anchin 2/9/ Prepare diligence requests for creditors' advisors; prepare internal for supporting information Glenn Sniezek 2/10/ Call with S. Anchin (OPP), G. Sniezek (OPP) re: RBL lender presentation Scott Anchin 2/10/ Call with S. Anchin (OPP), G. Sniezek (OPP) re: RBL lender presentation Glenn Sniezek 2/10/ Review RBL lender presentation and provide comments Scott Anchin 2/13/ Call with Company (S. Smith, R. Robert), Evercore (various), Paul Hastings (various) to discuss Steerco call Glenn Sniezek 2/13/ Review materials for call with RBL lenders Scott Anchin 2/13/ Review questions and prepare responses to creditor advisor diligence requests Glenn Sniezek 2/13/ Call with Steering Committee of RBL lenders, VNR, EV, PH, Weil, S. Anchin (OPP) and G. Sniezek (OPP) re: restructuring plan Scott Anchin 2/13/ Call with Steering Committee of RBL lenders, VNR, EVR, PH, Weil, S. Anchin (OPP) and G. Sniezek (OPP) re: restructuring plan Scott Anchin 2/13/ Prepare supporting analysis and other general preparations for Steerco call Glenn Sniezek 2/14/ Call with VNR, EV, PH re: Response to RBL Steering Committee Glenn Sniezek 2/14/ Call with VNR, EV, PH re: Response to RBL Steering Committee Scott Anchin 2/15/ Call with PJT to discuss diligence issues Scott Anchin 2/15/ Prepare diligence requests for creditor advisors Scott Anchin 2/16/ Prepare for call with PJT Samir Saleem 2/16/ Prepare for PJT call and review contract rejection data. Scott Anchin 2/16/ Follow up call with PJT to discuss legal entity analysis Samir Saleem 2/16/ Call with PJT and Opportune (S. Anchin & S. Saleem) to discuss Oil & Gas Motion and contract rejections. Scott Anchin 2/16/ Call with PJT and Opportune (S. Anchin & S. Saleem) to discuss Oil & Gas Motion and contract rejections. Samir Saleem 2/17/ Prepare for call with PJT (regarding intercompany transactions). Samir Saleem 2/17/ Call with PJT and Opportune (S. Anchin & S. Saleem) to discuss intercompany transactions. Scott Anchin 2/17/ Call with PJT and Opportune (S. Anchin & S. Saleem) to discuss intercompany transactions. Glenn Sniezek 2/21/ Call with EV, PH and S. Anchin (OPP) and G. Sniezek (OPP) re: RBL negotiations Scott Anchin 2/21/ Call with EV, PH and S. Anchin (OPP) and G. Sniezek (OPP) re: RBL negotiations Glenn Sniezek 2/21/ Review materials for RBL strategy call with EV and PH Glenn Sniezek 2/22/ Kick off meeting with FTI and Opportune (S. Anchin, G. Sniezek, S. Saleem). Samir Saleem 2/22/ Kick off meeting with FTI and Opportune (S. Anchin, G. Sniezek, S. Saleem). Scott Anchin 2/22/ Kick off meeting with FTI and Opportune (S. Anchin, G. Sniezek, S. Saleem). Glenn Sniezek 2/22/ Review presentation to Company re: status of RBL negotiations Samir Saleem 2/22/ Work on preliminary requests for FTI (dataroom and variance reports). Samir Saleem 2/23/ Prepare first day motion estimate file for FTI. Glenn Sniezek 2/23/ Call with S. Anchin (OPP), G. Sniezek(OPP), EV, PH, VNR re: RBL negotiations update

109 Case Document Filed in TXSB on 06/30/17 Page 69 of 133 Creditor Scott Anchin 2/23/ Call with S. Anchin (OPP), G. Sniezek(OPP), EV, PH, VNR re: RBL negotiations update Samir Saleem 2/23/ Review CF variance reports sent to UCC. Samir Saleem 2/23/ Prepare for tomorrow's meeting with UCC regarding FDMs and 13 Week CF. Glenn Sniezek 2/23/ Build schedule of accounts receivable and accounts payable based on cash flow model receipts and disbursements and 12/31/16 balance sheet AR and AP to estimate a days sales and days payable outstanding for 2017 Samir Saleem 2/24/ S. Saleem, T. Restrepo (both OPP) call to discuss FTI's request list. Tatiana Restrepo 2/24/ S. Saleem, T. Restrepo (both OPP) call to discuss FTI's request list. Glenn Sniezek 2/24/ Follow up call with G. Sniezek (OPP) and S. Saleem (OPP) to determine open items for UCC. Samir Saleem 2/24/ Follow up call with G. Sniezek (OPP) and S. Saleem (OPP) to determine open items for UCC. Samir Saleem 2/24/ Gather data for PJT due diligence request from dataroom. Tatiana Restrepo 2/24/ Review and respond of various s regarding FTI's request on employee bonuses. Tatiana Restrepo 2/24/ Review professional fee tracker and allocate requests. Glenn Sniezek 2/24/ Review UCC due diligence list Samir Saleem 2/24/ Review of 2016 bonus metrics for UCC due diligence request. Samir Saleem 2/24/ Review of UCC Due Diligence List to determine level of priority and data already available. Glenn Sniezek 2/24/ Assemble due diligence information for UCC data request Glenn Sniezek 2/24/ Prepare for UCC call re: 13 week cash flow and initial due diligence requests Glenn Sniezek 2/24/ Call with UCC and Opportune (G. Sniezek & S. Saleem) to discuss 13 Week CF and initial Due Diligence Requests. Samir Saleem 2/24/ Call with UCC and Opportune (G. Sniezek & S. Saleem) to discuss 13 Week CF and initial Due Diligence Requests. Tatiana Restrepo 2/24/ Creating the exhibit for the employee bonus request from FTI and providing it to VNR. Glenn Sniezek 2/24/ Assemble due diligence information for UCC data request Eason Qiu 2/24/ Create Request tracker for UCC advisor FTI Consulting. Scott Anchin 2/25/ Call with FTI (C. Lee) regarding diligence requests Scott Anchin 2/25/ Call with FTI (C. Lee) to discuss business plan and related issues Scott Anchin 2/26/ Review FTI diligence requests and prepare supporting schedules Scott Anchin 2/27/ Call with S. Anchin (OPP) and G. Sniezek (OPP) re: UCC diligence request list Glenn Sniezek 2/27/ Call with S. Anchin (OPP) and G. Sniezek (OPP) re: UCC diligence request list Glenn Sniezek 2/27/ Review UCC diligence questions re: Company Business Plan Samir Saleem 2/27/ Prepare for call with PJT (regarding intercompany transactions and asset allocation). Samir Saleem 2/27/ Prepare for the 2 calls with FTI Tatiana Restrepo 2/27/ Review and finalize the UCC request tracker. Samir Saleem 2/27/ Update FTI Due Diligence tracker. Samir Saleem 2/27/ Call with PJT and Opportune (S. Anchin & S.Saleem) to discuss intercompany analysis and asset allocation. Scott Anchin 2/27/ Call with PJT and Opportune (S. Anchin & S.Saleem) to discuss intercompany analysis and asset allocation. Samir Saleem 2/27/ Update tax analysis and prepare for submission to FTI.

110 Case Document Filed in TXSB on 06/30/17 Page 70 of 133 Creditor Glenn Sniezek 2/27/ Call with Opportune (S.Anchin, G.Sniezek, S.Saleem) and FTI to discuss Oil & Gas Motion and Wages Motion. Samir Saleem 2/27/ Call with Opportune (S.Anchin, G.Sniezek, S.Saleem) and FTI to discuss Oil & Gas Motion and Wages Motion. Scott Anchin 2/27/ Call with Opportune (S.Anchin, G.Sniezek, S.Saleem) and FTI to discuss Oil & Gas Motion and Wages Motion. Samir Saleem 2/27/ Compile numerous other UCC due diligence requests in advance of calls. Samir Saleem 2/27/ Update OCP analysis and prepare for submission to FTI. Glenn Sniezek 2/27/ Call with Opportune (S.Anchin, G.Sniezek, S.Saleem) and FTI to discuss monthly business model. Samir Saleem 2/27/ Call with Opportune (S.Anchin, G.Sniezek, S.Saleem) and FTI to discuss monthly business model. Scott Anchin 2/27/ Call with Opportune (S.Anchin, G.Sniezek, S.Saleem) and FTI to discuss monthly business model. Scott Anchin 2/27/ Review UCC diligence requests and prepare supporting schedules Tatiana Restrepo 2/27/ Create the template to be used in the weekly reporting regarding cash as requested by FTI. Samir Saleem 2/27/ Update wage data for (and pptx) to submit to FTI. Glenn Sniezek 2/27/ Prepare DIP Budget detail schedules for restructuring costs and debt service expenses for UCC data request Tatiana Restrepo 2/27/ Download data for historical OCP payments and create report by year as requested. Glenn Sniezek 2/27/ Prepare reconciliation of disbursements per DIP Budget to Company business plan Glenn Sniezek 2/27/ Prepare reconciliation of cash collections per DIP Budget to Company business plan Scott Anchin 2/28/ Call with S. Anchin (OPP) and G. Sniezek (OPP) re: cash flow schedules for UCC diligence request Glenn Sniezek 2/28/ Call with S. Anchin (OPP) and G. Sniezek (OPP) re: cash flow schedules for UCC diligence request Samir Saleem 2/28/ Update FTI Due Diligence tracker. Samir Saleem 2/28/ Research Encana payments and outstanding balances for PJT due diligence request. Glenn Sniezek 2/28/ Update cash flow schedules for comments for UCC diligence request Scott Anchin 2/28/ Call with Akin, FTI, PH, and Opportune (S.Anchin, S.Saleem) to review outstanding items on FDMs. Samir Saleem 2/28/ Call with Akin, FTI, PH, and Opportune (S.Anchin, S.Saleem) to review outstanding items on FDMs. Samir Saleem 2/28/ Prepare and distribute excel versions of due diligence requests to UCC. Tatiana Restrepo 2/28/ Updates to the tax summary and OCP historical payments report. Samir Saleem 2/28/ Analyze payment file for wage motion threshold discussions. Glenn Sniezek 2/28/ Update Cash flow model supporting schedules for actuals for week ended 2/24/17 Glenn Sniezek 2/28/ Prepare detail schedules for restructuring costs and debt service expenses for FY 2017 cash flow forecast for UCC data request Glenn Sniezek 2/28/ Prepare reconciliation of cash collections per FY 2017 cash flow forecast to Company business plan for UCC data request Glenn Sniezek 2/28/ Prepare reconciliation of disbursements per FY 2017 cash flow forecast to Company business plan Samir Saleem 3/1/ Update Payment Notice template for UCC.

111 Case Document Filed in TXSB on 06/30/17 Page 71 of 133 Creditor Tatiana Restrepo 3/7/ Preparing oil and gas payments reporting to be provided to FTI. Glenn Sniezek 3/8/ Review materials and UCC questions for weekly update call Glenn Sniezek 3/8/ Call with FTI, S. Anchin (OPP) & G. Sniezek (OPP) re: Weekly update call to discuss case matters Scott Anchin 3/8/ Call with FTI, S. Anchin (OPP) & G. Sniezek (OPP) re: Weekly update call to discuss case matters Scott Anchin 3/10/ Review FTI diligence request, prepare and review supporting schedules and information requests Samir Saleem 3/14/ Research new requests from FTI regarding payments made last week. Scott Anchin 3/14/ Review FTI diligence request, prepare supporting schedules and internal s regarding diligence requests Samir Saleem 3/14/ Review Oil & Gas Obligations Report (& backup) before submitting to UCC. Tatiana Restrepo 3/14/ Preparing oil and gas reporting to be provided to FTI, including s and requests to company for supporting data. Tatiana Restrepo 3/15/ Research on vendors expected to be recurring in the oil and gas reporting to FTI. Samir Saleem 3/15/ Review revised Due Diligence list from FTI. Glenn Sniezek 3/15/ Participate in weekly meeting with S. Anchin (OPP), G. Sniezek (OPP), S. Saleem (OPP), and FTI. Samir Saleem 3/15/ Participate in weekly meeting with S. Anchin (OPP), G. Sniezek (OPP), S. Saleem (OPP), and FTI. Scott Anchin 3/15/ Participate in weekly meeting with S. Anchin (OPP), G. Sniezek (OPP), S. Saleem (OPP), and FTI. Samir Saleem 3/15/ Prepare for weekly meeting with FTI and research open items ahead of call. Scott Anchin 3/16/ Prepare diligence requests and supporting schedules Glenn Sniezek 3/17/ Call with EV, VNR, S. Anchin (OPP) and G. Sniezek (OPP) re: Agenda for UCC meeting on 3/21/17 Scott Anchin 3/17/ Call with EV, VNR, S. Anchin (OPP) and G. Sniezek (OPP) re: Agenda for UCC meeting on 3/21/17 Scott Anchin 3/17/ Call with PJT to discuss diligence and related issues Samir Saleem 3/17/ Update SOALs and SOFAs excel extracts for FTI distribution. Scott Anchin 3/17/ Prepare supporting schedules and analysis for UCC meeting Glenn Sniezek 3/20/ Call with EV, VNR, S. Anchin (OPP) and G. Sniezek (OPP) re: UCC meeting on 3/21/17 Scott Anchin 3/20/ Call with EV, VNR, S. Anchin (OPP) and G. Sniezek (OPP) re: UCC meeting on 3/21/17 Scott Anchin 3/20/ Meeting with R. Robert, R. Midgett (both VNR) to prepare for FTI meeting Glenn Sniezek 3/20/ Meeting with S. Anchin (OPP) and G. Sniezek (OPP) re: preparation of cash flow package for UCC meeting on 3/21/17 Scott Anchin 3/20/ Meeting with S. Anchin (OPP) and G. Sniezek (OPP) re: preparation of cash flow package for UCC meeting on 3/21/17 Glenn Sniezek 3/20/ Meeting with S. Anchin (OPP) and G. Sniezek (OPP) to review cash flow package for UCC meeting on 3/21/17 Scott Anchin 3/20/ Meeting with S. Anchin (OPP) and G. Sniezek (OPP) to review cash flow package for UCC meeting on 3/21/17 Scott Anchin 3/20/ Review draft of presentation for UCC meeting Glenn Sniezek 3/20/ Update cash flow package for UCC meeting on 3/21/17 for comments from S. Anchin (OPP) Glenn Sniezek 3/20/ Prepare estimate of March 2017 month end cash balance

112 Case Document Filed in TXSB on 06/30/17 Page 72 of 133 Creditor Glenn Sniezek 3/20/ Prepare summary of cash flow highlights for actual results to date for the year and forecast to the end of March 2017 Scott Anchin 3/20/ Review supporting cash flow projections and schedules for UCC meeting Glenn Sniezek 3/20/ Prepare cash flow package for UCC meeting on 3/21/17 Scott Anchin 3/21/ Prepare for UCC meeting; prepare supporting schedules and review additional materials Glenn Sniezek 3/21/ Meeting with S. Anchin (OPP) and G. Sniezek (OPP) re: materials and discussion points for UCC meeting Scott Anchin 3/21/ Meeting with S. Anchin (OPP) and G. Sniezek (OPP) re: materials and discussion points for UCC meeting Tatiana Restrepo 3/21/ Prepare the oil and gas obligation report, including review of payment support. Glenn Sniezek 3/21/ Prepare supporting materials for cash flow forecasts and Business Plan discussions for UCC meeting Glenn Sniezek 3/21/ Meeting with PH, EV, VNR, UCC representatives, Akin Gump, FTI, S. Anchin and G. Sniezek (both OPP) re: case update and financial/cash flow forecasts Scott Anchin 3/21/ Meeting with PH, EV, VNR, UCC representatives, Akin Gump, FTI, S. Anchin and G. Sniezek (both OPP) re: case update and financial/cash flow forecasts Tatiana Restrepo 3/22/ Downloading data from Bolo and formatting to provide as part of a UCC request. Glenn Sniezek 3/22/ Participate in weekly meeting with S. Anchin (OPP), G. Sniezek (OPP), S. Saleem (OPP), and FTI. Samir Saleem 3/22/ Participate in weekly meeting with S. Anchin (OPP), G. Sniezek (OPP), S. Saleem (OPP), and FTI. Scott Anchin 3/22/ Participate in weekly meeting with S. Anchin (OPP), G. Sniezek (OPP), S. Saleem (OPP), and FTI. Samir Saleem 3/22/ Prepare for meeting with FTI and review latest due diligence request. Tatiana Restrepo 3/22/ Research in Bolo for payment support for vendors included in the oil and gas reporting to FTI; including the request of the information. Samir Saleem 3/22/ Creation of new Oil & Gas Reporting file for UCC. Samir Saleem 3/22/ Gather and review WGR invoice reconciliation data for UCC request. Samir Saleem 3/22/ Gather and review Ultra invoice reconciliation data for UCC request. Scott Anchin 3/22/ Review FTI diligence requests, prepare for weekly meeting and prepare and review additional info requests Samir Saleem 3/23/ Meeting with S. Anchin (OPP) and S. Saleem (OPP) to review Ultra and WGR due diligence requests for UCC. Scott Anchin 3/23/ Meeting with S. Anchin (OPP) and S. Saleem (OPP) to review Ultra and WGR due diligence requests for UCC. Scott Anchin 3/23/ Calls with R. Midgett (VNR) regarding diligence requests and preparation of supporting information Samir Saleem 3/23/ Create revised version of Oil & Gas Reporting Requirements file for the UCC. Scott Anchin 3/23/ Review marketing contracts; prepare to FTI regarding contract rejection and related issues Samir Saleem 3/23/ Weekly Update call with PJT, S. Anchin (OPP) and S. Saleem (OPP). Scott Anchin 3/23/ Weekly Update call with PJT, S. Anchin (OPP) and S. Saleem (OPP). Samir Saleem 3/24/ Call with FTI to discuss Payment Notice for this week. Samir Saleem 3/24/ Call with FTI to discuss WGR and Ultra payment history schedules.

113 Case Document Filed in TXSB on 06/30/17 Page 73 of 133 Creditor Scott Anchin 3/24/ Review FTI diligence request, prepare and review response from EV on information Scott Anchin 3/29/ Prepare for and participate on call with PJT (A. Pilchman) to discuss diligence requests Scott Anchin 3/29/ Call S. Anchin, S. Hofner (both OPP) and C. Lee and L. Park (both FTI) regarding corporate structure, 90 day payments, and other open questions. Shannon Hofner 3/29/ Call S. Anchin, S. Hofner (both OPP) and C. Lee and L. Park (both FTI) regarding corporate structure, 90 day payments, and other open questions. Glenn Sniezek 3/29/ Participate in weekly meeting with S. Anchin (OPP), G. Sniezek (OPP), S. Saleem (OPP), and FTI. Samir Saleem 3/29/ Participate in weekly meeting with S. Anchin (OPP), G. Sniezek (OPP), S. Saleem (OPP), and FTI. Scott Anchin 3/29/ Participate in weekly meeting with S. Anchin (OPP), G. Sniezek (OPP), S. Saleem (OPP), and FTI. Scott Anchin 3/29/ Prepare for FTI call; review supporting schedules and prepare information requested Samir Saleem 3/29/ Review FTI questions and prepare in advance of weekly call. Scott Anchin 3/30/ Prepare diligence request for PJT; prepare with information Scott Anchin 3/31/ Review diligence requests from creditors advisors; prepare supporting schedule and participate on calls with R. Midgett (VNR) to discuss Glenn Sniezek 4/2/ Call with S. Anchin and G. Sniezek (both OPP) re: draft RBL lender presentation Glenn Sniezek 4/2/ Compare business plan and cash flow data from draft presentation to RBL lenders to company model and 2017 monthly cash flow forecast Glenn Sniezek 4/2/ Review draft presentation to RBL lenders and provide comments Scott Anchin 4/2/ Call with S. Anchin and G. Sniezek (both OPP) re: draft RBL lender presentation Glenn Sniezek 4/3/ Draft response to FTI questions re: DIP Budget Glenn Sniezek 4/3/ Call with FTI, S. Anchin, G. Sniezek and S. Saleem (all OPP) re: DIP Budget and Feb '17 Monthly Operating Report Samir Saleem 4/3/ Prepare for FTI call regarding DIP Budget and MOR (and review due diligence list). Samir Saleem 4/3/ Review variance report between DIP budgets created by FTI. Samir Saleem 4/3/ Call with FTI, S. Anchin, G. Sniezek and S. Saleem (all OPP) re: DIP Budget and Feb '17 Monthly Operating Report Samir Saleem 4/3/ Review new FTI due diligence questions regarding new DIP budget and research answers accordingly. Scott Anchin 4/3/ Call with FTI, S. Anchin, G. Sniezek and S. Saleem (all OPP) re: DIP Budget and Feb '17 Monthly Operating Report Scott Anchin 4/3/ Prepare due diligence for FTI including supporting schedules and communications Samir Saleem 4/4/ Review UCC due diligence request list revolving around intercompany transactions. Scott Anchin 4/4/ Prepare due diligence for FTI; prepare internal s and participate on calls with D. Hudnall (VNR) to discuss related issues Tatiana Restrepo 4/4/ Prepare request and review of supporting data for oil and gas reporting due to FTI. Tatiana Restrepo 4/4/ Prepare, review and update the oil and gas report for FTI. Glenn Sniezek 4/5/ Participate in weekly meeting with G. Sniezek (OPP), S. Saleem (OPP), and FTI.

114 Case Document Filed in TXSB on 06/30/17 Page 74 of 133 Creditor Samir Saleem 4/5/ Participate in weekly meeting with G. Sniezek (OPP), S. Saleem (OPP), and FTI. Samir Saleem 4/5/ Review FTI questions and prepare in advance of weekly call. Scott Anchin 4/5/ Call with Evercore (various) & PJT (various) to discuss Company presentation and other related matters Tatiana Restrepo 4/5/ Call S. Saleem and T. Restrepo (both OPP) to discuss intercompany reconciliation to be performed for FTI. Tatiana Restrepo 4/5/ Prepare a comparison of intercompany balances over multiple periods. Tatiana Restrepo 4/5/ Prepare updated intercompany reconciliations. Glenn Sniezek 4/6/ Meeting with R. Midgett (VNR) re: Senior Noteholder due diligence requests and Upside case Business Plan Glenn Sniezek 4/6/ Prepare materials for due diligence request from Senior Noteholders re: 2017 financial results and monthly cash flow forecast Samir Saleem 4/6/ Discussion with S. Anchin (OPP), S. Saleem (OPP), and T. Restrepo (OPP) regarding next steps regarding intercompany matrix analysis. Scott Anchin 4/6/ Discussion with S. Anchin (OPP), S. Saleem (OPP), and T. Restrepo (OPP) regarding next steps regarding intercompany matrix analysis. Tatiana Restrepo 4/6/ Discussion with S. Anchin (OPP), S. Saleem (OPP), and T. Restrepo (OPP) regarding next steps regarding intercompany matrix analysis. Tatiana Restrepo 4/6/ Review and formatting updates to the intercompany reconciliations. Tatiana Restrepo 4/6/ Review FTI's intercompany diligence request list and come up with plan for response. Tatiana Restrepo 4/6/ Meeting with A. Whitton (VNR) regarding intercompany accounts. Tatiana Restrepo 4/6/ Search and download intercompany GL data for selected balances for the reconciliation; including review and analysis time. Glenn Sniezek 4/7/ Call with EV, VNR management, S. Anchin (OPP) and G. Sniezek (OPP) re: agenda and materials for Ad Hoc Noteholder Committee conference call on March '17 Business Plan Glenn Sniezek 4/7/ Prepare materials for call with EV/VNR for Noteholder call re: March '17 Business Plan Glenn Sniezek 4/7/ Review materials for Ad Hoc Noteholder Committee conference call Glenn Sniezek 4/7/ Conference call with Ad Hoc Noteholder Committee, PJT, EV, VNR management, PH, S. Anchin (OPP) and G. Sniezek (OPP) re: March '17 Business Plan Scott Anchin 4/7/ Call with EV, VNR management, S. Anchin (OPP) and G. Sniezek (OPP) re: agenda and materials for Ad Hoc Noteholder Committee conference call on March '17 Business Plan Scott Anchin 4/7/ Prepare for and participate on call with J. Fallon (PJT) to discuss contract rejection claims and related issues Scott Anchin 4/7/ Conference call with Ad Hoc Noteholder Committee, PJT, EV, VNR management, PH, S. Anchin (OPP) and G. Sniezek (OPP) re: March '17 Business Plan Tatiana Restrepo 4/7/ Call with A. Whitton (VNR) to discuss intercompany GL detail. Tatiana Restrepo 4/7/ Prepare, review and respond to various s with accounting team regarding intercompany accounts. Tatiana Restrepo 4/7/ Updates to the intercompany matrix. Tatiana Restrepo 4/7/ Select intercompany transactions and prepare various s to request background and details. Samir Saleem 4/10/ Call with FTI to discuss open items on intercompany due diligence request list. Samir Saleem 4/10/ Review all intercompany analysis and files before distributing to FTI.

115 Case Document Filed in TXSB on 06/30/17 Page 75 of 133 Creditor Scott Anchin 4/10/ Review FTI intercompany diligence requests; review supporting schedules and related analysis Tatiana Restrepo 4/10/ Updates and formatting of intercompany deliverables to FTI. Tatiana Restrepo 4/11/ Request and review support for the oil and gas weekly reporting. Tatiana Restrepo 4/11/ Research in Bolo for purposes of oil and gas weekly reporting. Tatiana Restrepo 4/11/ Review update request from FTI. Glenn Sniezek 4/12/ Participate in weekly meeting with G. Sniezek (OPP), S. Saleem (OPP), and FTI. Glenn Sniezek 4/12/ Prepare responses to FTI due diligence requests re: DIP Budget Variance Report for WE 4/7/17 Glenn Sniezek 4/12/ Review FTI due diligence questions re: 2017 Monthly Cash Flow Forecast Glenn Sniezek 4/12/ Prepare responses to FTI due diligence questions re: Company Business Plan Samir Saleem 4/12/ Participate in weekly meeting with G. Sniezek (OPP), S. Saleem (OPP), and FTI. Samir Saleem 4/12/ Prepare for weekly call with FTI. Scott Anchin 4/12/ Review diligence provided to FTI regarding Intercompany accounts; prepare to Paul Hastings, Milbank to discuss Glenn Sniezek 4/13/ Call with EV, R. Midgett (VNR) re: FTI due diligence questions re: Aries Database and Company Business Plan Glenn Sniezek 4/13/ Call with S. Anchin (OPP), G. Sniezek (OPP) and R. Midgett (VNR) re: FTI due diligence questions on Company Business Plan Glenn Sniezek 4/13/ Meeting with R. Midgett (VNR) re: FTI due diligence questions for Company Business Plan Glenn Sniezek 4/13/ Call with FTI, S. Anchin, G. Sniezek and S. Saleem (all OPP) re: 2017 Monthly Cash Flow Forecast and other Case Matters Glenn Sniezek 4/13/ Prepare responses to FTI due diligence questions re: 2017 Monthly Cash Flow Forecast Samir Saleem 4/13/ Call with FTI, S. Anchin, G. Sniezek and S. Saleem (all OPP) re: 2017 Monthly Cash Flow Forecast and other Case Matters Samir Saleem 4/13/ Review new set of intercompany due diligence before sending to FTI. Samir Saleem 4/13/ Review reconciliation analysis from cash flows to MOR (FTI due diligence). Scott Anchin 4/13/ Review Company prepared schedule for diligence request; prepare to G. Sniezek (OPP) regarding changes Scott Anchin 4/13/ Call with B. Briggs, G. Suellentrop (both EV), R. Midgett, D. Hudnall, J. Wilkerson (all VNR) to discuss FTI diligence request Scott Anchin 4/13/ Call with T. Restrepo, S. Anchin (both OPP) regarding FTI's intercompany request. Scott Anchin 4/13/ Call with S. Anchin (OPP), G. Sniezek (OPP) and R. Midgett (VNR) re: FTI due diligence questions on Company Business Plan Scott Anchin 4/13/ Call with FTI, S. Anchin, G. Sniezek and S. Saleem (all OPP) re: 2017 Monthly Cash Flow Forecast and other Case Matters Tatiana Restrepo 4/13/ Call with T. Restrepo, S. Anchin (both OPP) regarding FTI's intercompany request. Tatiana Restrepo 4/13/ Meeting with A. Whitton and P. Avila-Eady (both VNR) regarding intercompany balances. Tatiana Restrepo 4/13/ Research and download of intercompany data from Bolo. Tatiana Restrepo 4/13/ Review of intercompany data in the Eagle Rock binder. Tatiana Restrepo 4/13/ Formatting of GL data to be included in deliverable to FTI. Tatiana Restrepo 4/13/ Analyze and organize intercompany GL data in preparation for detail request and review with VNR.

116 Case Document Filed in TXSB on 06/30/17 Page 76 of 133 Creditor Glenn Sniezek 3/1/ Call with S. Saleem (OPP) and G. Sniezek (OPP) re: diligence requests from UCC Samir Saleem 3/1/ Call with S. Saleem (OPP) and G. Sniezek (OPP) re: diligence requests from UCC Scott Anchin 3/1/ Call with FTI and OPP (S.Anchin, G. Sniezek, S.Saleem) to walk through monthly cash flow forecast and assumptions. Samir Saleem 3/1/ Call with FTI and OPP (S.Anchin, G. Sniezek, S.Saleem) to walk through monthly cash flow forecast and assumptions. Glenn Sniezek 3/1/ Call with FTI and OPP (S.Anchin, G. Sniezek, S.Saleem) to walk through monthly cash flow forecast and assumptions. Tatiana Restrepo 3/1/ Creation of Oil and Gas Payments Notice and subsequent editing to resolve review comments. Samir Saleem 3/1/ Review and update monthly cash flow file created for FTI. Scott Anchin 3/2/ Call with R. Midgett (VNR) to discuss creditors' diligence requests Samir Saleem 3/2/ Prepare for call with UCC regarding Business Plan. Samir Saleem 3/2/ Update first week's Payments Notice for UCC and deliver to FTI. Glenn Sniezek 3/2/ Call with FTI, S. Anchin, S. Saleem & G. Sniezek (all OPP) re: VNR Business Plan Samir Saleem 3/2/ Call with FTI, S. Anchin, S. Saleem & G. Sniezek (all OPP) re: VNR Business Plan Scott Anchin 3/2/ Call with FTI, S. Anchin, S. Saleem & G. Sniezek (all OPP) re: VNR Business Plan Tatiana Restrepo 3/2/ Review and respond to s regarding updates to the oil and gas reporting. Samir Saleem 3/2/ Review the revised UCC Due Diligence document. Scott Anchin 3/2/ Prepare schedules for diligence request by FTI Samir Saleem 3/3/ Prepare for call with FTI. Samir Saleem 3/3/ Call with S. Anchin (OPP), S. Saleem (OPP) and PJT to discuss contracts and general open items. Scott Anchin 3/3/ Call with S. Anchin (OPP), S. Saleem (OPP) and PJT to discuss contracts and general open items. Samir Saleem 3/3/ Call with FTI to discuss Payments Notice. Samir Saleem 3/3/ Call with S. Anchin (OPP) and S. Saleem (OPP) to discuss this week's vendor payments for UCC Payment Notice. Scott Anchin 3/3/ Call with S. Anchin (OPP) and S. Saleem (OPP) to discuss this week's vendor payments for UCC Payment Notice. Samir Saleem 3/3/ Call with OPP (S. Anchin, S. Saleem), EV, VNR, and FTI to discuss technical due diligence questions. Scott Anchin 3/3/ Call with Pop (S. Anchin, S. Saleem), EV, VNR, and FTI to discuss technical due diligence questions. Tatiana Restrepo 3/3/ Obtain data required for oil and gas payments to be reviewed as par of the oil and gas order. Samir Saleem 3/3/ Prepare invoices for numerous payments being made this week (UCC request). Scott Anchin 3/7/ Review G&A analysis and prepare support for FTI diligence requests Glenn Sniezek 3/7/ Call with RPA, S. Anchin (OPP) and G. Sniezek (OPP) re: DIP Budget Scott Anchin 3/7/ Call with RPA, S. Anchin (OPP) and G. Sniezek (OPP) re: DIP Budget Tatiana Restrepo 3/7/ Review and respond to various s with the company regarding data needed for reporting purposes. Tatiana Restrepo 3/7/ Revisions to oil and gas reporting based on review comments. Tatiana Restrepo 3/7/ s and call with M. Montalvo (VNR) regarding revenue disbursement that needs to be included in the oil and gas reporting.

117 Case Document Filed in TXSB on 06/30/17 Page 77 of 133 Creditor Scott Anchin 4/14/ Review intercompany diligence requests and prepare internal s regarding changes and next steps Eason Qiu 4/17/ Prepare Intercompany Diligence Request for FTI Glenn Sniezek 4/17/ Call with S. Anchin (OPP) and G. Sniezek (OPP) re: FTI due diligence questions related to the VNR March '17 Business Plan Glenn Sniezek 4/17/ Update supporting schedules for FTI company model working capital due diligence questions Glenn Sniezek 4/17/ Call with FTI, EV, R. Midgett (VNR), S. Anchin and G. Sniezek (both OPP) re: FTI due diligence questions related to the VNR March '17 Business Plan Glenn Sniezek 4/17/ Prepare response and supporting schedules for FTI company model working capital due diligence questions Samir Saleem 4/17/ Review intercompany balance detailed support as part of UCC due diligence request. Scott Anchin 4/17/ Call with S. Anchin (OPP) and G. Sniezek (OPP) re: FTI due diligence questions related to the VNR March '17 Business Plan Scott Anchin 4/17/ Review and revise working capital analysis for FTI diligence request; prepare to FTI. Scott Anchin 4/17/ Call with FTI, EV, R. Midgett (VNR), S. Anchin and G. Sniezek (both OPP) re: FTI due diligence questions related to the VNR March '17 Business Plan Tatiana Restrepo 4/17/ Meeting with A. Whitton (VNR) regarding intercompany loans. Tatiana Restrepo 4/17/ Prepare to update S. Anchin (OPP) on VNR's intercompany transactions. Tatiana Restrepo 4/17/ Review Eagle Rock promissory note information. Tatiana Restrepo 4/17/ Continue to review and research GL intercompany transactions in Bolo. Tatiana Restrepo 4/17/ Group GL intercompany transactions into categories. Tatiana Restrepo 4/17/ Review and research GL intercompany transactions in Bolo. Samir Saleem 4/18/ Call with PH to discuss intercompany due diligence open items. Samir Saleem 4/18/ Meeting with Company to discuss intercompany due diligence requests from UCC. Samir Saleem 4/18/ Review intercompany data gathered for UCC due diligence request before distribution. Scott Anchin 4/18/ Call with B. Briggs (EV) to discuss RPA diligence request (.2); follow up call with D. Hudnall (VNR) to discuss request (.3) Scott Anchin 4/18/ Review intercompany activity for FTI diligence request Tatiana Restrepo 4/18/ Meetings with A. Whitton (VNR) to discuss intercompany transactions. Tatiana Restrepo 4/18/ Prepare multiple s requesting intercompany transaction descriptions. Tatiana Restrepo 4/18/ Meeting with D. Richardson (VNR) to research reasons for intercompany entries based on cash transfers. Tatiana Restrepo 4/18/ Continue populating intercompany transaction descriptions for FTI deliverable. Tatiana Restrepo 4/18/ Begin populating intercompany transaction descriptions for FTI deliverable. Tatiana Restrepo 4/18/ Continue populating intercompany transaction descriptions for FTI deliverable. Tatiana Restrepo 4/18/ Further drill down into intercompany loans documents and EROC documentation regarding their entities. Glenn Sniezek 4/19/ Prepare responses for FTI diligence questions re: WE 4/14/17 DIP Budget variance report Glenn Sniezek 4/19/ Participate in weekly meeting with S. Anchin, G. Sniezek, S. Saleem (all OPP), and FTI. Samir Saleem 4/19/ Participate in internal meeting to review intercompany due diligence for UCC.

118 Case Document Filed in TXSB on 06/30/17 Page 78 of 133 Creditor Samir Saleem 4/19/ Prepare for weekly call with FTI. Samir Saleem 4/19/ Review O&G payments above $1M for next week. Samir Saleem 4/19/ Participate in meeting with UCC to discuss intercompany analysis. Samir Saleem 4/19/ Participate in weekly meeting with S. Anchin, G. Sniezek, S. Saleem (all OPP), and FTI. Scott Anchin 4/19/ Review and respond to s with Creditors' advisors regarding diligence requests and other related matters Scott Anchin 4/19/ Prepare s related to Ad Hoc diligence requests; call with PJT (.1) to discuss issues Scott Anchin 4/19/ Prepare for and participate on calls with R. Midgett (VNR) to discuss vendor related issues and FTI diligence requests Scott Anchin 4/19/ Prepare for FTI diligence call Scott Anchin 4/19/ Participate in weekly meeting with S. Anchin, G. Sniezek, S. Saleem (all OPP), and FTI. Scott Anchin 4/19/ Review and revise analysis of marketing contract; prepare to FTI; call with J. Berge (VNR) to discuss analysis Scott Anchin 4/19/ Review FTI diligence requests; participate on calls and prepare correspondences to D. Hudnall. J. Berge, R. Banks, R. Midgett (all VNR) to discuss Tatiana Restrepo 4/19/ Discussions with multiple at VNR regarding historical change in the cash management. Tatiana Restrepo 4/19/ Meeting with K. Stein (VNR) regarding intercompany transactions. Tatiana Restrepo 4/19/ Review and format intercompany transaction descriptions for FTI deliverable. Tatiana Restrepo 4/19/ Preparing follow-up s on intercompany transactions. Tatiana Restrepo 4/19/ Select additional intercompany transactions and requesting descriptions from the company. Tatiana Restrepo 4/19/ Continue populating intercompany transaction descriptions for FTI deliverable. Tatiana Restrepo 4/19/ Continue populating intercompany transaction descriptions for FTI deliverable. Scott Anchin 4/24/ Review and respond to FTI intercompany diligence request; prepare and review supporting schedules Samir Saleem 4/25/ Research vendor payments over $250K. Samir Saleem 4/25/ Review vendor invoices for payments greater than $1M. Glenn Sniezek 4/26/ Participate in weekly meeting with S. Anchin, G. Sniezek, S. Saleem (all OPP), and FTI. Samir Saleem 4/26/ Participate in weekly meeting with S. Anchin, G. Sniezek, S. Saleem (all OPP), and FTI. Samir Saleem 4/26/ Prepare for weekly call with FTI. Scott Anchin 4/26/ Participate in weekly meeting with S. Anchin, G. Sniezek, S. Saleem (all OPP), and FTI. Scott Anchin 4/26/ Prepare for and participate on call with PJT (various), Milbank (various), PH (various) to discuss claims estimates and related issues Scott Anchin 4/26/ Prepare for and participate on call with PJT (various), Milbank (various), PH (various), Akin (various), FTI (various) to discuss claims estimates and related issues Total 305.9

119 Case Document Filed in TXSB on 06/30/17 Page 79 of 133 Contracts & Leases Scott Anchin 2/8/ Call with PJT (various) to discuss contract rejection and related issues Scott Anchin 2/8/ Prepare analysis for contract rejection Samir Saleem 2/13/ Advise Company on treatment of potential contract considered for rejection. Scott Anchin 2/13/ Review issues related to marketing contracts and rejection; prepare supporting analysis Scott Anchin 2/15/ Call with A. Bongartz (PH) to discuss contract rejection issue Scott Anchin 2/15/ Calls with R. Midgett (VNR) to discuss contract rejection issue Scott Anchin 2/15/ Prepare claims analysis, including estimates for contract rejection Scott Anchin 2/16/ Call with A. Bongartz (PH) re: contract rejection and related issues Samir Saleem 3/1/ Research vendor issue regarding copier contract. Samir Saleem 3/20/ Follow up on contract dispute between vendor and Company. Shannon Hofner 3/22/ Research of agreements related to asset sale to verify incorporation in master contract database Samir Saleem 3/28/ Review Reklaw long term liability contract. Samir Saleem 4/4/ Review proof of claims filed by numerous contract rejection parties. Samir Saleem 4/5/ Discussion with S. Anchin (OPP) and S. Saleem (OPP) regarding treatment of balance sheet accruals for rejected contracts. Scott Anchin 4/5/ Discussion with S. Anchin (OPP) and S. Saleem (OPP) regarding treatment of balance sheet accruals for rejected contracts. Scott Anchin 4/6/ Prepare contract rejection analysis; review underlying invoices. Call with R. Robert (VNR) (.1); prepare s to discuss issues and renegotiations Samir Saleem 4/7/ Provide Company with rejected contracts and data behind contract rejection process. Shannon Hofner 4/10/ Research to locate contract for specified vendor to review terms of service. Scott Anchin 4/13/ Review marketing contracts and prepare contract rejection analysis; prepare internal s to discuss issues and related to additional documentation Scott Anchin 4/17/ Review Company workforce contract assumptions and supporting documents and first day motion; prepare s to counsel and VNR to review Total 12.9

120 Case Document Filed in TXSB on 06/30/17 Page 80 of 133 Court Scott Anchin 2/2/ Attend First Day hearings with D. Baggett, S. Anchin (both OPP) including discussions with counsel before and after hearings David Baggett 2/2/ Attend First Day hearings with D. Baggett, S. Anchin (both OPP) including discussions with counsel before and after hearings Samir Saleem 3/1/ Attend court hearing for Final Hearing on First Day Motions. Scott Anchin 3/1/ Attend court hearing and participate in meetings before & after hearing with PH (various) Scott Anchin 4/4/ Prepare for court session re: Encana contract rejection Scott Anchin 4/5/ Prepare for court session re: Encana contract rejection Scott Anchin 4/5/ Attend (telephonically) court session regarding Encana rejection Scott Anchin 4/13/ Attend court hearing (telephonically) Scott Anchin 4/13/ Meetings and discussions with J. Grogan, A. Bongartz, D. Newman (all PH) to discuss and prepare for court hearing Scott Anchin 4/13/ Attend and participate in court hearing regarding Encana motion to dismiss adversary proceeding and other issues Total 17.1

121 Case Document Filed in TXSB on 06/30/17 Page 81 of 133 Employee Matters Samir Saleem 2/2/ Review of all communications data being provided to employees, vendors, royalty owners, working interest partners. Total 1.8

122 Case Document Filed in TXSB on 06/30/17 Page 82 of 133 Liquidation Kevin Cannon 2/8/ Conduct initial research on management presentation. Virginia Giroir 2/8/ Create excel model and begin analysis. Virginia Giroir 2/8/ Begin search for comparable companies. Virginia Giroir 2/8/ Review of company presentation and research into company assets. Kevin Cannon 2/9/ Meeting with P. Legoudes, K. Cannon, V. Giroir (all OPP) to discuss liquidation analysis and related issues Paul Legoudes 2/9/ Meeting with P. Legoudes, K. Cannon, V. Giroir (all OPP) to discuss liquidation analysis and related issues Virginia Giroir 2/9/ Meeting with P. Legoudes, K. Cannon, V. Giroir (all OPP) to discuss liquidation analysis and related issues. Virginia Giroir 2/9/ Call with P. Legoudes, K. Cannon, V. Giroir, S. Anchin (all OPP) to discuss liquidation analysis and related issues Kevin Cannon 2/9/ Call with P. Legoudes, K. Cannon, V. Giroir, S. Anchin (all OPP) to discuss liquidation analysis and related issues Paul Legoudes 2/9/ Call with P. Legoudes, K. Cannon, V. Giroir, S. Anchin (all OPP) to discuss liquidation analysis and related issues Scott Anchin 2/9/ Call with P. Legoudes, K. Cannon, V. Giroir, S. Anchin (all OPP) to discuss liquidation analysis and related issues Paul Legoudes 2/9/ Call with D. Baggett, P. Legoudes, S. Anchin (all OPP) regarding preparation of the liquidation analysis and related issues. Scott Anchin 2/9/ Call with D. Baggett, P. Legoudes, S. Anchin (all OPP) regarding preparation of the liquidation analysis and related issues. David Baggett 2/9/ Call with D. Baggett, P. Legoudes, S. Anchin (all OPP) regarding preparation of the liquidation analysis and related issues. Virginia Giroir 2/9/ Continue work on liquidation analysis model. Scott Anchin 2/9/ Review template for liquidation analysis and prepare work plan Paul Legoudes 2/9/ Read company presentation on oil and gas properties Virginia Giroir 2/10/ Continue updates to liquidation analysis model. Trey Brasseaux 2/13/ OPP Team (K.Cannon, V.Giroir, T.Brasseaux) discussions about discount rate analysis Kevin Cannon 2/13/ OPP Team (K.Cannon, V.Giroir, T.Brasseaux) discussions about discount rate analysis Virginia Giroir 2/13/ OPP Team (K.Cannon, V.Giroir, T.Brasseaux) discussions about discount rate analysis. Trey Brasseaux 2/13/ OPP Team (V.Giroir, T.Brasseaux) discussions about comparable company search. Virginia Giroir 2/13/ OPP Team (V.Giroir, T.Brasseaux) discussions about comparable company search. Paul Legoudes 2/13/ Coordinate with OPP engineers on liquidation analysis requests Kevin Cannon 2/13/ Perform independent research on discount rates and guideline companies. Trey Brasseaux 2/13/ Continue search for comparable companies by basin and state, research companies for comparison purposes. Paul Legoudes 2/13/ Performing valuation research and analysis Virginia Giroir 2/13/ Continue search for comparable companies. Virginia Giroir 2/13/ Review of comparable company search. Virginia Giroir 2/13/ Continue search for comparable companies. Trey Brasseaux 2/13/ Start search for comparable companies by basin and state, research companies for comparison purposes. Trey Brasseaux 2/14/ Begin search for comparable transactions. Kevin Cannon 2/14/ Continue independent research into guideline public companies. Trey Brasseaux 2/14/ Continue search for comparable transactions.

123 Case Document Filed in TXSB on 06/30/17 Page 83 of 133 Liquidation Virginia Giroir 2/14/ OPP Team (K.Cannon, V.Giroir, T.Brasseaux) discussions about discount rate analysis Kevin Cannon 2/14/ OPP Team (K.Cannon, V.Giroir, T.Brasseaux) discussions about discount rate analysis Trey Brasseaux 2/14/ OPP Team (K.Cannon, V.Giroir, T.Brasseaux) discussions about discount rate analysis. Trey Brasseaux 2/14/ OPP Team (T.Brasseaux, V. Giroir) discussions about comparable company search. Virginia Giroir 2/14/ OPP Team (T.Brasseaux, V. Giroir) discussions about comparable company search. Trey Brasseaux 2/14/ Continue search for comparable transactions. Paul Legoudes 2/14/ Continue performing valuation research and analysis Virginia Giroir 2/14/ Continue search for comparable companies. Virginia Giroir 2/14/ Continue updates to comparable company search per meeting. Virginia Giroir 2/14/ Updates to comparable company search per meeting. Trey Brasseaux 2/14/ Continue search for comparable transactions. Virginia Giroir 2/15/ Continue updates to liquidation analysis model per data on virtual data room. Trey Brasseaux 2/15/ OPP Team (T.Brasseaux, V.Giroir) discussions about comparable transactions. Virginia Giroir 2/15/ OPP Team (T.Brasseaux, V.Giroir) discussions about comparable transactions. Kevin Cannon 2/15/ OPP Team (K.Cannon, V.Giroir, T.Brasseaux) discussions about reserve report/strip pricing, comparable transactions Trey Brasseaux 2/15/ OPP Team (K.Cannon, V.Giroir, T.Brasseaux) discussions about reserve report/strip pricing, comparable transactions. Virginia Giroir 2/15/ OPP Team (K.Cannon, V.Giroir, T.Brasseaux) discussions about reserve report/strip pricing, comparable transactions. Kevin Cannon 2/15/ Perform research into guideline transactions. Trey Brasseaux 2/15/ Search for comparable transactions. Virginia Giroir 2/15/ Update and finalize list of comparable companies per discussion. Virginia Giroir 2/15/ Begin search for comparable transactions. Paul Legoudes 2/15/ Continue performing valuation research and analysis Virginia Giroir 2/15/ Review of data on virtual data room. Alan Huynh 2/16/ Extract the reserve reports into Microsoft Excel format Virginia Giroir 2/16/ Begin gathering market data for discount rate analysis. Virginia Giroir 2/16/ Continue search for comparable transactions. Virginia Giroir 2/16/ Begin to format reserve reports for liquidation analysis model. Paul Legoudes 2/16/ Continue performing valuation research and analysis Trey Brasseaux 2/16/ search for comparable transactions. Kevin Cannon 2/17/ Perform independent research into guideline transactions. Trey Brasseaux 2/17/ Meeting with P. Legoudes, K. Cannon, V. Giroir, T. Brasseaux (all OPP) to discuss guideline companies, discount rate calculation and market approach. Virginia Giroir 2/17/ Meeting with P. Legoudes, K. Cannon, V. Giroir, T. Brasseaux (all OPP) to discuss guideline companies, discount rate calculation and market approach. Kevin Cannon 2/17/ Meeting with P. Legoudes, K. Cannon, V. Giroir, T. Brasseaux (all OPP) to discuss guideline companies, discount rate calculation and market approach. Paul Legoudes 2/17/ Meeting with P. Legoudes, K. Cannon, V. Giroir, T. Brasseaux (all OPP) to discuss guideline companies, discount rate calculation and market approach. Virginia Giroir 2/17/ Other updates to liquidation analysis model. Trey Brasseaux 2/17/ Continue search for comparable transactions.

124 Case Document Filed in TXSB on 06/30/17 Page 84 of 133 Liquidation Virginia Giroir 2/17/ Continue updates to liquidation analysis model and input reserve reports into model. Kevin Cannon 2/20/ Discussions with EV team regarding asset retirement obligations ("ARO") and strip pricing. Allen Barron 2/20/ Review data in Box for reserve information Trey Brasseaux 2/20/ Continue search for comparable transactions. Virginia Giroir 2/20/ Continue gathering market data for discount rate analysis. Trey Brasseaux 2/20/ Continue search for comparable transactions. Virginia Giroir 2/20/ Updates to discount rate analysis. Nathan Kucharski 2/20/ Continue to pull data from VDR and start processing data Virginia Giroir 2/20/ Continue updates to model. Trey Brasseaux 2/20/ Continue search for comparable transactions. Nathan Kucharski 2/20/ Pull data from VDR and start processing data Kevin Cannon 2/21/ Correspondence with EV team regarding ARO's Kevin Cannon 2/21/ OPP Team (P.Legoudes, K.Cannon, V.Giroir) discussions about asset retirement obligation ("ARO"). Virginia Giroir 2/21/ OPP Team (P.Legoudes, K.Cannon, V.Giroir) discussions about asset retirement obligation. Paul Legoudes 2/21/ OPP Team (P.Legoudes, K.Cannon, V.Giroir) discussions about asset retirement obligation. Virginia Giroir 2/21/ Review of data from client. Trey Brasseaux 2/21/ Continue search for comparable transactions. Trey Brasseaux 2/21/ OPP Team (V.Giroir, T.Brasseaux) discussions about transaction search. Virginia Giroir 2/21/ OPP Team (V.Giroir, T.Brasseaux) discussions about transaction search. Virginia Giroir 2/21/ Review of comparable transactions. Virginia Giroir 2/21/ Updates to comparable company search. Paul Legoudes 2/21/ Continue performing valuation research and analysis Nathan Kucharski 2/21/ Continue to generate type curves for all the major areas by Basin for comparison to VNR Alan Huynh 2/21/ Start checking the details of inputs, assumptions and calculations in the valuation model Virginia Giroir 2/21/ Continue updates to liquidation analysis model. Trey Brasseaux 2/21/ Continue search for comparable transactions. Alan Huynh 2/21/ Finish checking the inputs, assumptions and calculations in the valuation model and record findings Nathan Kucharski 2/21/ Generate type curves for all the major areas by Basin for comparison to VNR Allen Barron 2/22/ Discussion N. Kucharski and A. Barron (both OPP) related to reserve assets risking Nathan Kucharski 2/22/ Discussion N. Kucharski and A. Barron (both OPP) related to reserve assets risking Paul Legoudes 2/22/ OPP Team (K. Cannon, P. Legoudes, A. Barron, D. Rohan, N. Kucharski) discussion regarding progress on procedures performed to determine appropriate risk adjustment factors to apply to various reserve locations. Kevin Cannon 2/22/ OPP Team (K. Cannon, P. Legoudes, A. Barron, D. Rohan, N. Kucharski) discussion regarding progress on procedures performed to determine appropriate risk adjustment factors to apply to various reserve locations. Allen Barron 2/22/ OPP Team (K. Cannon, P. Legoudes, A. Barron, D. Rohan, N. Kucharski) discussion regarding progress on procedures performed to determine appropriate risk adjustment factors to apply to various reserve locations.

125 Case Document Filed in TXSB on 06/30/17 Page 85 of 133 Liquidation Dennis Rohan 2/22/ OPP Team (K. Cannon, P. Legoudes, A. Barron, D. Rohan, N. Kucharski) discussion regarding progress on procedures performed to determine appropriate risk adjustment factors to apply to various reserve locations. Nathan Kucharski 2/22/ OPP Team (K. Cannon, P. Legoudes, A. Barron, D. Rohan, N. Kucharski) discussion regarding progress on procedures performed to determine appropriate risk adjustment factors to apply to various reserve locations. Kevin Cannon 2/22/ Perform additional research on management presentation. Dennis Rohan 2/22/ Review material prepared for redetermination of VNR's borrowing base. Virginia Giroir 2/22/ Finalize comparable transaction search. Trey Brasseaux 2/22/ OPP Team (V.Giroir, T.Brasseaux) continue discussions about transaction search. Virginia Giroir 2/22/ OPP Team (V.Giroir, T.Brasseaux) continue discussions about transaction search. Trey Brasseaux 2/22/ Compile and format finalized list of transactions. Virginia Giroir 2/22/ Complete review of comparable transactions and begin formatting. Virginia Giroir 2/22/ Continue updates to liquidation analysis model. Chad Bourne 2/22/ Begin creating type curves for several counties based on the reserve database. Nathan Kucharski 2/22/ Continue to generate type curves for all the major areas by Basin for comparison to VNR; review cost structure(f&d costs) & LOE Nathan Kucharski 2/22/ Generate type curves for all the major areas by Basin for comparison to VNR; review cost structure. Virginia Giroir 2/23/ Continue updates to liquidation analysis model. Kevin Cannon 2/23/ Correspondence with EV team regarding new information provided in virtual data room, and reviews newly provided data. Trey Brasseaux 2/23/ OPP Team (K.Cannon, V.Giroir, T.Brasseaux) discussions about comparable transactions. Virginia Giroir 2/23/ OPP Team (K.Cannon, V.Giroir, T.Brasseaux) discussions about comparable transactions. Kevin Cannon 2/23/ OPP Team (K.Cannon, V.Giroir, T.Brasseaux) discussions about comparable transactions. Chad Bourne 2/23/ Continue creating type curves for several counties based on the reserve database. Virginia Giroir 2/23/ Updates to comparable transactions per meeting. Trey Brasseaux 2/23/ Additional search for comparable transactions. Chad Bourne 2/23/ Finalize creating type curves for several counties based on the reserve database. Nathan Kucharski 2/23/ Continue analyzing VNR's field's metric to comparable company metrics. Virginia Giroir 2/23/ Continue formatting of transactions. Paul Legoudes 2/23/ Continue performing valuation research and analysis Chad Bourne 2/23/ Continue reserve assessment for companies being used as comparables. Chad Bourne 2/23/ Begin reserve assessment for companies being used as comparables. Nathan Kucharski 2/23/ Continue analyzing VNR's field's metric to comparable company metrics. Paul Legoudes 2/24/ Continue performing valuation research and analysis Nathan Kucharski 2/24/ Continue to build comparable analysis of well metrics. Nathan Kucharski 2/24/ Continue to work on comparable analysis, compare company's risk profile Chad Bourne 2/24/ Continue reserve assessment for companies being used as comparables. Chad Bourne 2/24/ Finalize reserve assessment for companies being used as comparables. Allen Barron 2/27/ Review new database received and determine changes to data Allen Barron 2/27/ Discussion N. Kucharski and A. Barron (both OPP) related to DB review for comparison to RED data

126 Case Document Filed in TXSB on 06/30/17 Page 86 of 133 Liquidation Nathan Kucharski 2/27/ Discussion N. Kucharski and A. Barron (both OPP) related to DB review for comparison to RED data Kevin Cannon 2/27/ Correspondence with EV team regarding updates to VDR and confirming information on ARO's. Nathan Kucharski 2/27/ Continue to finish up database review for comparison to internal data; spreadsheets of Ultimate recoverable reserves and type curve review Nathan Kucharski 2/27/ Finish up database review for comparison to internal data; spreadsheets of Ultimate recoverable reserves and type curve review Paul Legoudes 2/28/ Continue performing valuation research and analysis Kevin Cannon 3/1/ OPP Team (K.Cannon, V.Giroir, T.Brasseaux) discussions about comparable transactions/companies and reserves valuation. Trey Brasseaux 3/1/ OPP Team (K.Cannon, V.Giroir, T.Brasseaux) discussions about comparable transactions/companies and reserves valuation. Virginia Giroir 3/1/ OPP Team (K.Cannon, V.Giroir, T.Brasseaux) discussions about comparable transactions/companies and reserves valuation. Virginia Giroir 3/1/ Updates to liquidation analysis per meeting. Paul Legoudes 3/1/ Perform valuation research and analysis Kevin Cannon 3/2/ OPP Team (P. Legoudes, K.Cannon, V.Giroir, N. Kucharski, T.Brasseaux) discussions about Reserve Reports and risk factors Nathan Kucharski 3/2/ OPP Team (P. Legoudes, K.Cannon, V.Giroir, N. Kucharski, T.Brasseaux) discussions about Reserve Reports and risk factors Paul Legoudes 3/2/ OPP Team (P. Legoudes, K.Cannon, V.Giroir, N. Kucharski, T.Brasseaux) discussions about Reserve Reports and risk factors Virginia Giroir 3/2/ OPP Team (P. Legoudes, K.Cannon, V.Giroir, N. Kucharski, T.Brasseaux) discussions about Reserve Reports and risk factors Trey Brasseaux 3/2/ OPP Team (P. Legoudes, K.Cannon, V.Giroir, N. Kucharski, T.Brasseaux) discussions about Reserve Reports and risk factors. Paul Legoudes 3/2/ Valuation research and analysis Kevin Cannon 3/3/ Review of reserve reports received. Virginia Giroir 3/3/ Continue updates to the valuation model. Virginia Giroir 3/3/ Continue updates to model. Allen Barron 3/6/ OPP Team (P.Legoudes, K.Cannon, N.Kucharski, V.Giroir, T.Brasseaux, A.Barron) discussions about reserve report and risking factors. Kevin Cannon 3/6/ OPP Team (P.Legoudes, K.Cannon, N.Kucharski, V.Giroir, T.Brasseaux, A.Barron) discussions about reserve report and risking factors. Nathan Kucharski 3/6/ OPP Team (P.Legoudes, K.Cannon, N.Kucharski, V.Giroir, T.Brasseaux, A.Barron) discussions about reserve report and risking factors. Paul Legoudes 3/6/ OPP Team (P.Legoudes, K.Cannon, N.Kucharski, V.Giroir, T.Brasseaux, A.Barron) discussions about reserve report and risking factors. Trey Brasseaux 3/6/ OPP Team (P.Legoudes, K.Cannon, N.Kucharski, V.Giroir, T.Brasseaux, A.Barron) discussions about reserve report and risking factors. Virginia Giroir 3/6/ OPP Team (P.Legoudes, K.Cannon, N.Kucharski, V.Giroir, T.Brasseaux, A.Barron) discussions about reserve report and risking factors. Kevin Cannon 3/6/ OPP Team (P.Legoudes, S.Anchin, K.Cannon, V.Giroir, T.Brasseaux) call with VNR to discuss liquidation analysis. Paul Legoudes 3/6/ OPP Team (P.Legoudes, S.Anchin, K.Cannon, V.Giroir, T.Brasseaux) call with VNR to discuss liquidation analysis. Scott Anchin 3/6/ OPP Team (P.Legoudes, S.Anchin, K.Cannon, V.Giroir, T.Brasseaux) call with VNR to discuss liquidation analysis. Trey Brasseaux 3/6/ OPP Team (P.Legoudes, S.Anchin, K.Cannon, V.Giroir, T.Brasseaux) call with VNR to discuss liquidation analysis.

127 Case Document Filed in TXSB on 06/30/17 Page 87 of 133 Liquidation Virginia Giroir 3/6/ OPP Team (P.Legoudes, S.Anchin, K.Cannon, V.Giroir, T.Brasseaux) call with VNR to discuss liquidation analysis. Kevin Cannon 3/6/ Review of reserve reports received. Virginia Giroir 3/6/ Review of updated data on VDR and changes to model. Virginia Giroir 3/6/ Updates to model per discussions. Paul Legoudes 3/6/ Continue performing valuation research and analysis Lindsey Cude 3/7/ Begin quality control of market data for the split out of models Virginia Giroir 3/7/ Gather updated market data. Virginia Giroir 3/7/ Input updated market data into model. Virginia Giroir 3/7/ Updates to liquidation analysis model. Lindsey Cude 3/8/ Quality control of market data for 3 separate models; check the math and formulas Virginia Giroir 3/8/ Updates to model per discussions. Chad Bourne 3/8/ Create cash flows by reservoir by area Kevin Cannon 3/9/ Review of asset retirement obligation info. Virginia Giroir 3/9/ Review of reserve reports for model. Paul Legoudes 3/9/ Continue performing valuation research and analysis Alan Huynh 3/9/ Extract the reserve reports into Microsoft Excel format Virginia Giroir 3/9/ Begin extracting and formatting updated data for liquidation analysis. Alan Huynh 3/9/ Source check the reserve report for each reserve category Virginia Giroir 3/10/ Continue extracting and formatting updated data for liquidation analysis. Virginia Giroir 3/10/ Input updated data into model. Kevin Cannon 3/10/ Review of reserve info and market approach analyses. Trey Brasseaux 3/10/ Produce check and summary spreadsheet comparing Opportune and Evercore reserve reports. Lindsey Cude 3/10/ Start source check for all other category and complete math check on all tabs affected by the model change Virginia Giroir 3/10/ Updates to liquidation analysis model. Virginia Giroir 3/13/ Continue updates to the valuation model. Lindsey Cude 3/13/ Complete quality control and get review notes to V. Giroir (OPP); Begin quality control of changes to Pinedale Nathan Kucharski 3/13/ Set up database for total 4 areas of interest Virginia Giroir 3/14/ Review of changes and continue updates to analysis. Lindsey Cude 3/14/ Complete Pinedale quality control and get review notes to V. Giroir (OPP); Begin quality control of changes to Arkoma Nathan Kucharski 3/14/ Database economic runs for the 3P runs requested by valuations team Virginia Giroir 3/15/ Continue review of analysis. Lindsey Cude 3/15/ Complete Arkoma quality control check Virginia Giroir 3/15/ Continue updates to liquidation analysis. Kevin Cannon 3/16/ OPP Team (K.Cannon, V.Giroir, T.Brasseaux) discussions about liquidation analysis Virginia Giroir 3/16/ OPP Team (K.Cannon, V.Giroir, T.Brasseaux) discussions about liquidation analysis Trey Brasseaux 3/16/ OPP Team (K.Cannon, V.Giroir, T.Brasseaux) discussions about liquidation analysis. Kevin Cannon 3/16/ Review of discounted cash flow analyses performed. Alan Huynh 3/16/ Review and respond to various internal s regarding liquidation analysis Virginia Giroir 3/16/ Updates to liquidation analysis per meeting. Virginia Giroir 3/17/ Continue updates to transaction analysis. Virginia Giroir 3/17/ Updates to transaction analysis.

128 Case Document Filed in TXSB on 06/30/17 Page 88 of 133 Liquidation Trey Brasseaux 3/17/ Organize previously executed market transaction searches and allocate based on new valuation methodology. Kevin Cannon 3/20/ OPP Team (K.Cannon, V.Giroir) discussions about market approach analysis. Virginia Giroir 3/20/ OPP Team (K.Cannon, V.Giroir) discussions about market approach analysis. Kevin Cannon 3/20/ OPP Team (K.Cannon, V.Giroir, T.Brasseaux, P.Legoudes) discussions about market approach analysis. Paul Legoudes 3/20/ OPP Team (K.Cannon, V.Giroir, T.Brasseaux, P.Legoudes) discussions about market approach analysis. Trey Brasseaux 3/20/ OPP Team (K.Cannon, V.Giroir, T.Brasseaux, P.Legoudes) discussions about market approach analysis. Virginia Giroir 3/20/ OPP Team (K.Cannon, V.Giroir, T.Brasseaux, P.Legoudes) discussions about market approach analysis. Lindsey Cude 3/20/ Quality control check of NGL price linking for Arkoma valuation Kevin Cannon 3/20/ OPP Team (K.Cannon, V.Giroir, T.Brasseaux) discussions about market approach analysis. Trey Brasseaux 3/20/ OPP Team (K.Cannon, V.Giroir, T.Brasseaux) discussions about market approach analysis. Virginia Giroir 3/20/ OPP Team (K.Cannon, V.Giroir, T.Brasseaux) discussions about market approach analysis. Alan Huynh 3/20/ Extract new reserve report Kevin Cannon 3/20/ Review of market transaction data. Samir Saleem 3/20/ Research liquidation analysis structures used in other cases in Southern District. Chad Bourne 3/20/ Begin asset retirement obligation assessment Chad Bourne 3/20/ Continue asset retirement obligation assessment Virginia Giroir 3/20/ Updates to market approach analysis. Virginia Giroir 3/20/ Continue updates to market approach analysis. Trey Brasseaux 3/20/ Perform and compile transaction searches to produce preliminary market approach. Nathan Kucharski 3/20/ Work on setting up ARO list to tie to database for P&A liabilities Samir Saleem 3/21/ Meeting with Company to provide high level overview of liquidation analysis and purpose. Kevin Cannon 3/21/ OPP Team (K.Cannon, V.Giroir, T.Brasseaux, P.Legoudes) discussions about timeline, database, and market approach for liquidation analysis. Paul Legoudes 3/21/ OPP Team (K.Cannon, V.Giroir, T.Brasseaux, P.Legoudes) discussions about timeline, database, and market approach for liquidation analysis. Trey Brasseaux 3/21/ OPP Team (K.Cannon, V.Giroir, T.Brasseaux, P.Legoudes) discussions about timeline, database, and market approach for liquidation analysis. Virginia Giroir 3/21/ OPP Team (K.Cannon, V.Giroir, T.Brasseaux, P.Legoudes) discussions about timeline, database, and market approach for liquidation analysis. Kevin Cannon 3/21/ OPP Team (P.Legoudes, S.Anchin, K.Cannon, S.Saleem, V.Giroir, T.Brasseaux) call with VNR and EV to discuss liquidation analysis and timeline. Paul Legoudes 3/21/ OPP Team (P.Legoudes, S.Anchin, K.Cannon, S.Saleem, V.Giroir, T.Brasseaux) call with VNR and EV to discuss liquidation analysis and timeline. Samir Saleem 3/21/ OPP Team (P.Legoudes, S.Anchin, K.Cannon, S.Saleem, V.Giroir, T.Brasseaux) call with VNR and EV to discuss liquidation analysis and timeline.

129 Case Document Filed in TXSB on 06/30/17 Page 89 of 133 Liquidation Scott Anchin 3/21/ OPP Team (P.Legoudes, S.Anchin, K.Cannon, S.Saleem, V.Giroir, T.Brasseaux) call with VNR and EV to discuss liquidation analysis and timeline. Trey Brasseaux 3/21/ OPP Team (P.Legoudes, S.Anchin, K.Cannon, S.Saleem, V.Giroir, T.Brasseaux) call with VNR and EV to discuss liquidation analysis and timeline. Virginia Giroir 3/21/ OPP Team (P.Legoudes, S.Anchin, K.Cannon, S.Saleem, V.Giroir, T.Brasseaux) call with VNR and EV to discuss liquidation analysis and timeline. Paul Legoudes 3/21/ Continue performing valuation research and analysis Samir Saleem 3/21/ Review of January 31, 2017 financial package (for purposes of MOR and liquidation analysis). Samir Saleem 3/21/ Revise debt rollforward for preparation of liquidation analysis. Trey Brasseaux 3/21/ Continue liquidation analysis presentation. Virginia Giroir 3/21/ Continue updates to liquidation analysis. Kevin Cannon 3/21/ Independent review of market transactions and reserve info received. Trey Brasseaux 3/21/ Produce liquidation analysis presentation. Virginia Giroir 3/21/ Updates to liquidation analysis. Lindsey Cude 3/21/ Quality control check of Pinedale model - addition of asset retirement obligation and market approach Samir Saleem 3/21/ Build initial structure/template of VNR liquidation analysis. Paul Legoudes 3/21/ Continue performing valuation research and analysis Virginia Giroir 3/21/ Continue updates to liquidation analysis. Nathan Kucharski 3/21/ Work on revisions to economic runs by area and reserve category using new database Nathan Kucharski 3/21/ Continue work on revisions to economic runs by area and reserve category using new database Kevin Cannon 3/22/ OPP Team (K.Cannon, V.Giroir) call with EV to discuss updated database and timing. Virginia Giroir 3/22/ OPP Team (K.Cannon, V.Giroir) call with EV to discuss updated database and timing. Kevin Cannon 3/22/ OPP Team (S.Anchin, K.Cannon, V.Giroir) call with VNR to discuss updated database. Scott Anchin 3/22/ OPP Team (S.Anchin, K.Cannon, V.Giroir) call with VNR to discuss updated database. Virginia Giroir 3/22/ OPP Team (S.Anchin, K.Cannon, V.Giroir) call with VNR to discuss updated database. Kevin Cannon 3/22/ OPP Team (K.Cannon, N.Kucharski, V.Giroir, T.Brasseaux) discussions about updated database. Nathan Kucharski 3/22/ OPP Team (K.Cannon, N.Kucharski, V.Giroir, T.Brasseaux) discussions about updated database. Trey Brasseaux 3/22/ OPP Team (K.Cannon, N.Kucharski, V.Giroir, T.Brasseaux) discussions about updated database. Virginia Giroir 3/22/ OPP Team (K.Cannon, N.Kucharski, V.Giroir, T.Brasseaux) discussions about updated database. Kevin Cannon 3/22/ OPP Team (P.Legoudes, K.Cannon, V.Giroir) discussions about updates to liquidation analysis and timing. Paul Legoudes 3/22/ OPP Team (P.Legoudes, K.Cannon, V.Giroir) discussions about updates to liquidation analysis and timing. Virginia Giroir 3/22/ OPP Team (P.Legoudes, K.Cannon, V.Giroir) discussions about updates to liquidation analysis and timing.

130 Case Document Filed in TXSB on 06/30/17 Page 90 of 133 Liquidation Kevin Cannon 3/22/ OPP Team (P.Legoudes, K.Cannon, V.Giroir, T.Brasseaux) discussions about updates to liquidation analysis. Paul Legoudes 3/22/ OPP Team (P.Legoudes, K.Cannon, V.Giroir, T.Brasseaux) discussions about updates to liquidation analysis. Trey Brasseaux 3/22/ OPP Team (P.Legoudes, K.Cannon, V.Giroir, T.Brasseaux) discussions about updates to liquidation analysis. Virginia Giroir 3/22/ OPP Team (P.Legoudes, K.Cannon, V.Giroir, T.Brasseaux) discussions about updates to liquidation analysis. Glenn Sniezek 3/22/ Meeting with S. Saleem & G. Sniezek (both OPP) to create cash rollforward for liquidation analysis. Samir Saleem 3/22/ Meeting with S. Saleem & G. Sniezek (both OPP) to create cash rollforward for liquidation analysis. Lindsey Cude 3/22/ OPP Team (L. Cude, V.Giroir, T.Brasseaux) discussions about liquidation analysis. Trey Brasseaux 3/22/ OPP Team (L. Cude, V.Giroir, T.Brasseaux) discussions about liquidation analysis. Virginia Giroir 3/22/ OPP Team (L. Cude, V.Giroir, T.Brasseaux) discussions about liquidation analysis. Trey Brasseaux 3/22/ OPP Team (V.Giroir, T.Brasseaux) discussions about liquidation analysis presentation. Virginia Giroir 3/22/ OPP Team (V.Giroir, T.Brasseaux) discussions about liquidation analysis presentation. Samir Saleem 3/22/ Review of January trial balance tie-out for liquidation analysis. Paul Legoudes 3/22/ Continue performing valuation research and analysis Trey Brasseaux 3/22/ Continue liquidation analysis presentation. Trey Brasseaux 3/22/ Pull market data for new reserve report date. Scott Anchin 3/22/ Review liquidation analysis and supporting schedules Kevin Cannon 3/22/ Review of discounted cash flow calculations and review of valuation assumptions applied, including general & administrative expenses. Nathan Kucharski 3/22/ Work on reviewing database changes Virginia Giroir 3/22/ Continue updates to liquidation analysis model and formatting. Virginia Giroir 3/22/ Updates to liquidation analysis model. Virginia Giroir 3/22/ Updates to market approach analysis. Paul Legoudes 3/22/ Continue performing valuation research and analysis Paul Legoudes 3/22/ Continue performing valuation research and analysis Lindsey Cude 3/22/ Continue quality control check of Arkoma model Kevin Cannon 3/23/ OPP Team (V.Giroir, T.Brasseaux, K.Cannon) discussions about liquidation analysis presentation. Trey Brasseaux 3/23/ OPP Team (V.Giroir, T.Brasseaux, K.Cannon) discussions about liquidation analysis presentation. Virginia Giroir 3/23/ OPP Team (V.Giroir, T.Brasseaux, K.Cannon) discussions about liquidation analysis presentation. Trey Brasseaux 3/23/ Perform model quality check. Trey Brasseaux 3/23/ Perform new transaction search at most recent date. Paul Legoudes 3/23/ Continue performing valuation research and analysis Trey Brasseaux 3/23/ Format reserve report and produce reserve comparison between new and old reports. Trey Brasseaux 3/23/ Continue liquidation analysis presentation. Virginia Giroir 3/23/ Continue updates to liquidation analysis model. Lindsey Cude 3/23/ OPP Team (T.Brasseaux, L. Cude) discussions about valuation assumptions and data to be utilized.

131 Case Document Filed in TXSB on 06/30/17 Page 91 of 133 Liquidation Trey Brasseaux 3/23/ OPP Team (T.Brasseaux, L. Cude) discussions about valuation assumptions and data to be utilized. Allen Barron 3/23/ A.Barron and N.Kucharski (both OPP) discussion on risking of reserve categories and changes to well reserve categories in latest database Nathan Kucharski 3/23/ A.Barron and N.Kucharski (both OPP) discussion on risking of reserve categories and changes to well reserve categories in latest database Lindsey Cude 3/23/ Finish quality control updates to the liquidation model Samir Saleem 3/23/ Build wind-down expenses schedules into liquidation model. Samir Saleem 3/23/ Create asset recovery portion and supporting schedules within the liquidation model. Kevin Cannon 3/23/ Review of discounted cash flow analyses performed. Kevin Cannon 3/23/ Review of transaction data. Alan Huynh 3/23/ Finish checking the inputs, assumptions and calculations in the model and record findings Alan Huynh 3/23/ Start checking the details of inputs, assumptions and calculations in the model Chad Bourne 3/23/ Begin due diligence/review of new database Chad Bourne 3/23/ Continue due diligence/review of new database Chad Bourne 3/23/ Continue due diligence/review of new database Nathan Kucharski 3/23/ Continue reviewing the new database; Check if the risk assumptions are reasonable for the Valuation model Paul Legoudes 3/23/ Continue performing valuation research and analysis Lindsey Cude 3/23/ Continue quality control updates to the liquidation model Lindsey Cude 3/23/ Start quality control updates to the liquidation model Virginia Giroir 3/23/ Updates to model per review. Nathan Kucharski 3/23/ Review the new database; Check if the risk assumptions are reasonable for the Valuation model Samir Saleem 3/24/ Review of liquidation analysis with S. Anchin (OPP) and S. Saleem (OPP). Scott Anchin 3/24/ Review of liquidation analysis with S. Anchin (OPP) and S. Saleem (OPP). Samir Saleem 3/24/ Review of revised liquidation analysis along with global notes and assumptions with S. Anchin (OPP) and S. Saleem (OPP). Scott Anchin 3/24/ Review of revised liquidation analysis along with global notes and assumptions with S. Anchin (OPP) and S. Saleem (OPP). Samir Saleem 3/24/ Update global notes and assumptions based on feedback from Valuation Team. Paul Legoudes 3/24/ Continue reviewing updated valuation analysis Samir Saleem 3/24/ Update liquidation analysis based on meeting with S. Anchin (OPP). Alan Huynh 3/24/ Extract and format new reserve report run with separate plugging and abandonment Paul Legoudes 3/24/ Preparation for Sunday meeting with David Baggett (OPP) Alan Huynh 3/24/ Format the extracted reserve report before layering into model Allen Barron 3/24/ Prepare for discussion about risking and abandonment charges Trey Brasseaux 3/24/ Complete liquidation analysis presentation. Samir Saleem 3/24/ Create waterfall portion of liquidation analysis and associated backup schedules. Trey Brasseaux 3/24/ Format new reserve reports from new database. Kevin Cannon 3/24/ Review revised reserve reports received. Kevin Cannon 3/24/ Review schedules prepared in advance of 3/26 meeting. Alan Huynh 3/24/ Finish building Bridge Analysis template and graphing bridge to Present Value discounted at 10% (PV10) to Opportune's conclusion

132 Case Document Filed in TXSB on 06/30/17 Page 92 of 133 Liquidation Alan Huynh 3/24/ Start to build Bridge Analysis template for all reserve categories and all fields Chad Bourne 3/24/ Continue due diligence/review of new database Chad Bourne 3/24/ Finish due diligence/review of new database Trey Brasseaux 3/24/ Perform quality checks on multiple model updates. Alan Huynh 3/24/ Perform detail check in the model regarding changes in the new reserve report run Paul Legoudes 3/24/ Read, analyze, and work with OPP engineers on updated reserve reports. Lindsey Cude 3/24/ Conduct various quality controls, new reserve reports, and sensitivity analysis Paul Legoudes 3/24/ Continue reviewing updated valuation analysis Lindsey Cude 3/24/ Continue working on various quality controls, new reserve reports, and sensitivity analysis Lindsey Cude 3/24/ Finish working on various quality controls, new reserve reports, and sensitivity analysis Paul Legoudes 3/24/ Review updated valuation analysis Samir Saleem 3/24/ Create detailed global notes and assumptions portion of liquidation analysis exhibit. Nathan Kucharski 3/24/ Work on updated database economic runs, P&A liability vs. ARO spreadsheet, reserve adjustment factors Scott Anchin 3/25/ Review draft of Liquidation analysis and prepare revisions Samir Saleem 3/25/ Update liquidation analysis model and notes based on latest feedback from S. Anchin (OPP). Samir Saleem 3/26/ Prepare for meeting with internal Opportune team to discuss valuation and liquidation analysis. David Baggett 3/26/ OPP Team (D. Baggett, P. Legoudes, S. Anchin, N. Kucharski, S. Saleem, K.Cannon) discussions pertaining to initial results of liquidation analysis. Kevin Cannon 3/26/ OPP Team (D. Baggett, P. Legoudes, S. Anchin, N. Kucharski, S. Saleem, K.Cannon) discussions pertaining to initial results of liquidation analysis. Nathan Kucharski 3/26/ OPP Team (D. Baggett, P. Legoudes, S. Anchin, N. Kucharski, S. Saleem, K.Cannon) discussions pertaining to initial results of liquidation analysis. Paul Legoudes 3/26/ OPP Team (D. Baggett, P. Legoudes, S. Anchin, N. Kucharski, S. Saleem, K.Cannon) discussions pertaining to initial results of liquidation analysis. Samir Saleem 3/26/ OPP Team (D. Baggett, P. Legoudes, S. Anchin, N. Kucharski, S. Saleem, K.Cannon) discussions pertaining to initial results of liquidation analysis. Scott Anchin 3/26/ OPP Team (D. Baggett, P. Legoudes, S. Anchin, N. Kucharski, S. Saleem, K.Cannon) discussions pertaining to initial results of liquidation analysis. David Baggett 3/26/ OPP Team (D. Baggett, P. Legoudes, S. Anchin, N. Kucharski, S. Saleem, K.Cannon, V. Giroir) discussions pertaining to initial results of valuation analysis. Kevin Cannon 3/26/ OPP Team (D. Baggett, P. Legoudes, S. Anchin, N. Kucharski, S. Saleem, K.Cannon, V. Giroir) discussions pertaining to initial results of valuation analysis. Nathan Kucharski 3/26/ OPP Team (D. Baggett, P. Legoudes, S. Anchin, N. Kucharski, S. Saleem, K.Cannon, V. Giroir) discussions pertaining to initial results of valuation analysis. Paul Legoudes 3/26/ OPP Team (D. Baggett, P. Legoudes, S. Anchin, N. Kucharski, S. Saleem, K.Cannon, V. Giroir) discussions pertaining to initial results of valuation analysis.

133 Case Document Filed in TXSB on 06/30/17 Page 93 of 133 Liquidation Samir Saleem 3/26/ OPP Team (D. Baggett, P. Legoudes, S. Anchin, N. Kucharski, S. Saleem, K.Cannon, V. Giroir) discussions pertaining to initial results of valuation analysis. Scott Anchin 3/26/ OPP Team (D. Baggett, P. Legoudes, S. Anchin, N. Kucharski, S. Saleem, K.Cannon, V. Giroir) discussions pertaining to initial results of valuation analysis. Virginia Giroir 3/26/ OPP Team (D. Baggett, P. Legoudes, S. Anchin, N. Kucharski, S. Saleem, K.Cannon, V. Giroir) discussions pertaining to initial results of valuation analysis. Nathan Kucharski 3/26/ Continue working on updated database economic runs, P&A liability vs. ARO spreadsheet, reserve adjustment factors Paul Legoudes 3/26/ Preparation for Sunday meeting with David Baggett (OPP) Scott Anchin 3/26/ Continue review draft of Liquidation analysis and prepare revisions Samir Saleem 3/27/ Call with S. Anchin (OPP) and S. Saleem (OPP) to discuss claims analysis structure for Liquidation. Scott Anchin 3/27/ Call with S. Anchin (OPP) and S. Saleem (OPP) to discuss claims analysis structure for Liquidation. Kevin Cannon 3/27/ OPP Team (P.Legoudes, K.Cannon, V.Giroir) discussions about liquidation analysis updates. Paul Legoudes 3/27/ OPP Team (P.Legoudes, K.Cannon, V.Giroir) discussions about liquidation analysis updates. Virginia Giroir 3/27/ OPP Team (P.Legoudes, K.Cannon, V.Giroir) discussions about liquidation analysis updates. Kevin Cannon 3/27/ OPP Team (P.Legoudes, S.Anchin, K.Cannon, V.Giroir) call with VNR to discuss liquidation analysis questions. Paul Legoudes 3/27/ OPP Team (P.Legoudes, S.Anchin, K.Cannon, V.Giroir) call with VNR to discuss liquidation analysis questions. Scott Anchin 3/27/ OPP Team (P.Legoudes, S.Anchin, K.Cannon, V.Giroir) call with VNR to discuss liquidation analysis questions. Virginia Giroir 3/27/ OPP Team (P.Legoudes, S.Anchin, K.Cannon, V.Giroir) call with VNR to discuss liquidation analysis questions. Samir Saleem 3/27/ Review of reserve run analysis used for valuation in liquidation analysis. Kevin Cannon 3/27/ Reviewing updates performed to discounted cash flow analyses as a result of 3/26 meeting. Trey Brasseaux 3/27/ Update liquidation analysis presentation after meeting. Virginia Giroir 3/27/ Review of change to analysis. Nathan Kucharski 3/27/ Market approach Comparable sales analysis - Vanguard Conference Call Samir Saleem 3/27/ Create a detailed claims analysis for chapter 7 claims classes. Paul Legoudes 3/27/ Update valuation analysis for changes from Sunday meeting with D.Baggett (OPP) Virginia Giroir 3/27/ Updates to liquidation analysis. Paul Legoudes 3/27/ Update valuation analysis for changes from Sunday meeting with D.Baggett (OPP) Nathan Kucharski 3/27/ Market approach Comparable sales analysis - Vanguard Conference Call David Baggett 3/28/ OPP Team (D.Baggett, P.Legoudes, S.Anchin, K.Cannon, V.Giroir) discussions about updates to liquidation analysis. Kevin Cannon 3/28/ OPP Team (D.Baggett, P.Legoudes, S.Anchin, K.Cannon, V.Giroir) discussions about updates to liquidation analysis. Paul Legoudes 3/28/ OPP Team (D.Baggett, P.Legoudes, S.Anchin, K.Cannon, V.Giroir) discussions about updates to liquidation analysis.

134 Case Document Filed in TXSB on 06/30/17 Page 94 of 133 Liquidation Scott Anchin 3/28/ OPP Team (D.Baggett, P.Legoudes, S.Anchin, K.Cannon, V.Giroir) discussions about updates to liquidation analysis. Virginia Giroir 3/28/ OPP Team (D.Baggett, P.Legoudes, S.Anchin, K.Cannon, V.Giroir) discussions about updates to liquidation analysis. Kevin Cannon 3/28/ OPP Team (P.Legoudes, S.Anchin, K.Cannon, S.Saleem, V.Giroir) call with EV to discuss analysis assumptions and updated database. Paul Legoudes 3/28/ OPP Team (P.Legoudes, S.Anchin, K.Cannon, S.Saleem, V.Giroir) call with EV to discuss analysis assumptions and updated database. Samir Saleem 3/28/ OPP Team (P.Legoudes, S.Anchin, K.Cannon, S.Saleem, V.Giroir) call with EV to discuss analysis assumptions and updated database. Scott Anchin 3/28/ OPP Team (P.Legoudes, S.Anchin, K.Cannon, S.Saleem, V.Giroir) call with EV to discuss analysis assumptions and updated database. Virginia Giroir 3/28/ OPP Team (P.Legoudes, S.Anchin, K.Cannon, S.Saleem, V.Giroir) call with EV to discuss analysis assumptions and updated database. Virginia Giroir 3/28/ OPP Team (P.Legoudes, S.Anchin, K.Cannon, V.Giroir) call with VNR to discuss updated database and discussions about liquidation analysis questions. Kevin Cannon 3/28/ OPP Team (P.Legoudes, S.Anchin, K.Cannon, V.Giroir) call with VNR to discuss updated database and discussions about updates to liquidation analysis. Paul Legoudes 3/28/ OPP Team (P.Legoudes, S.Anchin, K.Cannon, V.Giroir) call with VNR to discuss updated database and discussions about updates to liquidation analysis. Scott Anchin 3/28/ OPP Team (P.Legoudes, S.Anchin, K.Cannon, V.Giroir) call with VNR to discuss updated database and discussions about updates to liquidation analysis. Kevin Cannon 3/28/ OPP Team (P.Legoudes, K.Cannon, V.Giroir) discussions about updated database and timing for liquidation analysis. Paul Legoudes 3/28/ OPP Team (P.Legoudes, K.Cannon, V.Giroir) discussions about updated database and timing for liquidation analysis. Virginia Giroir 3/28/ OPP Team (P.Legoudes, K.Cannon, V.Giroir) discussions about updated database and timing for liquidation analysis. Kevin Cannon 3/28/ OPP Team (P.Legoudes, S.Anchin, K.Cannon, S.Saleem, V.Giroir) call with EV to discuss analysis and assumptions. Paul Legoudes 3/28/ OPP Team (P.Legoudes, S.Anchin, K.Cannon, S.Saleem, V.Giroir) call with EV to discuss analysis and assumptions. Samir Saleem 3/28/ OPP Team (P.Legoudes, S.Anchin, K.Cannon, S.Saleem, V.Giroir) call with EV to discuss analysis and assumptions. Scott Anchin 3/28/ OPP Team (P.Legoudes, S.Anchin, K.Cannon, S.Saleem, V.Giroir) call with EV to discuss analysis and assumptions. Virginia Giroir 3/28/ OPP Team (P.Legoudes, S.Anchin, K.Cannon, S.Saleem, V.Giroir) call with EV to discuss analysis and assumptions. Virginia Giroir 3/28/ Comparison of liquidation analysis. Scott Anchin 3/28/ Review draft of liquidation analysis, prepare changes and comments Samir Saleem 3/28/ Review valuation team analysis & deck created for liquidation model. Samir Saleem 3/28/ Update liquidation analysis based on meetings with Opportune valuation team. Paul Legoudes 3/28/ Continue reviewing updated valuation analysis Virginia Giroir 3/28/ Updates to presentation. Kevin Cannon 3/28/ Review of changes made to internal valuation presentation deck, as well as to assumptions made on market approach analyses for individual basin.

135 Case Document Filed in TXSB on 06/30/17 Page 95 of 133 Liquidation Trey Brasseaux 3/28/ Perform transaction search for individual region as of updated date. Paul Legoudes 3/28/ Continue reviewing updated valuation analysis Kevin Cannon 3/29/ OPP Team (P.Legoudes, K.Cannon, V.Giroir) discussions about updated timeline and liquidation analysis next steps. Paul Legoudes 3/29/ OPP Team (P.Legoudes, K.Cannon, V.Giroir) discussions about updated timeline and liquidation analysis next steps. Virginia Giroir 3/29/ OPP Team (P.Legoudes, K.Cannon, V.Giroir) discussions about updated timeline and liquidation analysis next steps. Alan Huynh 3/29/ Extract new reserve report broken out by regions Allen Barron 3/29/ Prepare for discussion about new run request Kevin Cannon 3/29/ Review of additional changes made to valuation analysis. Virginia Giroir 3/29/ Continue updates to liquidation analysis. Virginia Giroir 3/29/ Continue updates to liquidation analysis. Virginia Giroir 3/29/ Updates to liquidation analysis. Trey Brasseaux 3/29/ Perform transaction search for total company with new search parameters. Trey Brasseaux 3/30/ Input new transaction search and calculate market approach for total company model. Virginia Giroir 3/30/ Pull and input updated market data. Paul Legoudes 3/30/ Review breakout of reserve reports by area Alan Huynh 3/30/ Continue checking the details of inputs, assumptions and calculations in the model Alan Huynh 3/30/ Start checking the details of inputs, assumptions and calculations in the model Virginia Giroir 3/30/ Updates to liquidation analysis. Virginia Giroir 3/30/ Formatting of reserve reports for analysis. Trey Brasseaux 3/31/ Perform source check on reserve reports. Kevin Cannon 3/31/ OPP Team (T.Brasseaux, V. Giroir, K. Cannon) discussions about market approach assumptions and results. Trey Brasseaux 3/31/ OPP Team (T.Brasseaux, V. Giroir, K. Cannon) discussions about market approach assumptions and results. Virginia Giroir 3/31/ OPP Team (T.Brasseaux, V. Giroir, K. Cannon) discussions about market approach assumptions and results. Kevin Cannon 3/31/ Review of updated assumptions and split-out of discounted cash flow analysis from one model to four models by basin/geographic area. Nathan Kucharski 3/31/ Review new database for variances from previous database Virginia Giroir 3/31/ Continue updates to market approach analysis. Virginia Giroir 3/31/ Updates to market approach analysis. Virginia Giroir 3/31/ Other updates to liquidation analysis. Alan Huynh 3/31/ Finish checking the details of inputs, assumptions and calculations in the model and record findings Kevin Cannon 4/3/ Review revised reserve report run provided by client Paul Legoudes 4/3/ Review updated valuation analysis Samir Saleem 4/3/ Detailed review of claims analysis for liquidation analysis with S. Anchin (OPP) and S. Saleem (OPP). Samir Saleem 4/3/ Update detailed claims analysis in Liquidation Analysis based on earlier meeting. Scott Anchin 4/3/ Detailed review of claims analysis for liquidation analysis with S. Anchin (OPP) and S. Saleem (OPP). Trey Brasseaux 4/3/ Check liquidation presentation for accuracy before delivery. Virginia Giroir 4/3/ Updates to liquidation analysis. Virginia Giroir 4/3/ Updates to liquidation presentation.

136 Case Document Filed in TXSB on 06/30/17 Page 96 of 133 Liquidation Kevin Cannon 4/4/ Review revised valuation (liquidation analysis) schedules, including income approach, resulting from revised reserve report run Paul Legoudes 4/4/ Review updated valuation sensitivity analysis Samir Saleem 4/4/ Meeting with S. Anchin (OPP), S. Saleem (OPP), and PH to discuss liquidation analysis assumptions. Samir Saleem 4/4/ Call with S. Anchin (OPP), S. Saleem (OPP), and VNR to discuss tax liabilities on the balance sheet for the liquidation analysis. Samir Saleem 4/4/ Follow up meeting with S. Anchin (OPP), S. Saleem (OPP), and VNR to discuss tax assumptions in liquidation analysis. Samir Saleem 4/4/ Prepare for and participate on call with S. Saleem, S. Anchin (both OPP), J. Grogan, D. Newman (both PH) to review liquidation analysis and related issues Samir Saleem 4/4/ Update liquidation analysis based on earlier meetings revolving tax assumptions, claims assumptions, and other feedback from PH. Scott Anchin 4/4/ Meeting with S. Anchin (OPP), S. Saleem (OPP), and PH to discuss liquidation analysis assumptions. Scott Anchin 4/4/ Call with S. Anchin (OPP), S. Saleem (OPP), and VNR to discuss tax liabilities on the balance sheet for the liquidation analysis. Scott Anchin 4/4/ Follow up meeting with S. Anchin (OPP), S. Saleem (OPP), and VNR to discuss tax assumptions in liquidation analysis. Scott Anchin 4/4/ Prepare for and participate on call with S. Saleem, S. Anchin (both OPP), J. Grogan, D. Newman (both PH) to review liquidation analysis and related issues Trey Brasseaux 4/4/ Edit liquidation analysis presentation. Virginia Giroir 4/4/ Updates and review of liquidation presentation. Alan Huynh 4/5/ Update the Bridge Analysis for all reserve categories Kevin Cannon 4/5/ Continue reviewing revised valuation (liquidation analysis) schedules Paul Legoudes 4/5/ Review updated valuation presentation and sensitivity analysis Samir Saleem 4/5/ Make final updates to liquidation analysis and prepare version for internal review. Scott Anchin 4/5/ Meeting with S. Saleem, S. Anchin (both OPP) to review and revise liquidation analysis Trey Brasseaux 4/5/ Update bridge analysis for certain reserve categories. Virginia Giroir 4/5/ Updates to pricing sensitivity and bridge analysis. Kevin Cannon 4/6/ Continue reviewing revised valuation (liquidation analysis) schedules Paul Legoudes 4/6/ Analyze whether Royalty Burden should be treated in the liquidation analysis Samir Saleem 4/6/ Meeting with S. Anchin (OPP) and S. Saleem (OPP) to conduct review of liquidation analysis draft. Samir Saleem 4/6/ Review comments provided by PH on global notes and assumptions and make necessary changes. Samir Saleem 4/6/ Update global notes and assumptions to the Liquidation Analysis based on updates made over last few days. Scott Anchin 4/6/ Meeting with S. Anchin (OPP) and S. Saleem (OPP) to conduct review of liquidation analysis draft. Scott Anchin 4/6/ Review claims issues related to Liquidation analysis; prepare and respond to s with P. Legoudes, K. Cannon (both OPP). Virginia Giroir 4/6/ Updates to liquidation presentation and prepare for meeting. Kevin Cannon 4/7/ Finish reviewing revised valuation (liquidation analysis) schedules Paul Legoudes 4/7/ Preparation for Monday meeting with D.Baggett (OPP)

137 Case Document Filed in TXSB on 06/30/17 Page 97 of 133 Liquidation Samir Saleem 4/7/ Update global notes on Liquidation Analysis based on addition comments from PH. Scott Anchin 4/7/ Review changes to Liquidation analysis from counsel; prepare comments and internal s to discuss Virginia Giroir 4/7/ Review of updated data on VDR. Virginia Giroir 4/7/ Review of analysis and liquidation presentation. David Baggett 4/10/ OPP Team (D.Baggett, P.Legoudes, S.Anchin, K.Cannon, S.Saleem, V.Giroir) meeting to discuss liquidation analysis status and updates. Kevin Cannon 4/10/ Calls with K. Cannon, P. Legoudes, S. Anchin (all OPP) to discuss issues related to Liquidation analysis Kevin Cannon 4/10/ OPP Team (P.Legoudes, K.Cannon, V.Giroir) meeting to discuss presentation for board meeting. Kevin Cannon 4/10/ OPP Team (D.Baggett, P.Legoudes, S.Anchin, K.Cannon, S.Saleem, V.Giroir) meeting to discuss liquidation analysis status and updates. Kevin Cannon 4/10/ Review revised valuation (liquidation analysis) materials for meeting with OPP team. Paul Legoudes 4/10/ Calls with K. Cannon, P. Legoudes, S. Anchin (all OPP) to discuss issues related to Liquidation analysis Paul Legoudes 4/10/ OPP Team (P.Legoudes, K.Cannon, V.Giroir) meeting to discuss presentation for board meeting. Paul Legoudes 4/10/ OPP Team (D.Baggett, P.Legoudes, S.Anchin, K.Cannon, S.Saleem, V.Giroir) meeting to discuss liquidation analysis status and updates. Paul Legoudes 4/10/ Preparation for meeting with D.Baggett (OPP) Paul Legoudes 4/10/ Preparation of presentation of liquidation analysis for the call with VNR board of directors Samir Saleem 4/10/ Call with J. Grogan (PH), S. Saleem and S. Anchin (both OPP) to discuss liquidation analysis and chapter 7 claims estimates Samir Saleem 4/10/ Prepare for meeting with internal Opportune team to discuss valuation and liquidation analysis. Samir Saleem 4/10/ OPP Team (D.Baggett, P.Legoudes, S.Anchin, K.Cannon, S.Saleem, V.Giroir) meeting to discuss liquidation analysis status and updates. Samir Saleem 4/10/ Update liquidation analysis based on meeting with D. Baggett (OPP) and internal Opportune team. Scott Anchin 4/10/ Call with J. Grogan (PH), S. Saleem and S. Anchin (both OPP) to discuss liquidation analysis and chapter 7 claims estimates Scott Anchin 4/10/ Calls with K. Cannon, P. Legoudes, S. Anchin (all OPP) to discuss issues related to Liquidation analysis Scott Anchin 4/10/ Review Board presentation for Liquidation analysis; prepare to S. Saleem (OPP) to discuss Scott Anchin 4/10/ OPP Team (D.Baggett, P.Legoudes, S.Anchin, K.Cannon, S.Saleem, V.Giroir) meeting to discuss liquidation analysis status and updates. Virginia Giroir 4/10/ OPP Team (P.Legoudes, K.Cannon, V.Giroir) meeting to discuss presentation for board meeting. Virginia Giroir 4/10/ Updates to liquidation presentation. Virginia Giroir 4/10/ Print and prepare for meeting. Virginia Giroir 4/10/ OPP Team (D.Baggett, P.Legoudes, S.Anchin, K.Cannon, S.Saleem, V.Giroir) meeting to discuss liquidation analysis updates and status. Paul Legoudes 4/11/ Preparation for VNR board of directors call Samir Saleem 4/11/ Prepare for and participate on call with J. Grogan (PH) and S. Saleem, S. Anchin (both OPP) regarding distribution of proceeds in hypothetical chapter 7

138 Case Document Filed in TXSB on 06/30/17 Page 98 of 133 Liquidation Samir Saleem 4/11/ Update liquidation model's claims analysis based on earlier call with PH. Scott Anchin 4/11/ Prepare for and participate on call with J. Grogan (PH) and S. Saleem, S. Anchin (both OPP) regarding distribution of proceeds in hypothetical chapter 7 Scott Anchin 4/11/ Review draft of Liquidation analysis and presentation to Board; prepare supporting schedules Virginia Giroir 4/11/ Continue updates to liquidation presentation for board meeting. Kevin Cannon 4/12/ Call with K. Cannon and P. Legoudes (both OPP) and client board to further discuss Liquidation analysis. Kevin Cannon 4/12/ Multiple calls with P. Legoudes, K. Cannon, V.Giroir, S. Anchin (all OPP) to discuss changes to Liquidation analysis and Board meeting Kevin Cannon 4/12/ Call with K. Cannon, P. Legoudes and V. Giroir (all OPP) and client board to discuss Liquidation analysis. Paul Legoudes 4/12/ Call with Evercore to discuss valuation methodology Paul Legoudes 4/12/ Call with K. Cannon and P. Legoudes (both OPP) and client board to further discuss Liquidation analysis. Paul Legoudes 4/12/ VNR Board Call Paul Legoudes 4/12/ Multiple calls with P. Legoudes, K. Cannon, V. Giroir, S. Anchin (all OPP) to discuss changes to Liquidation analysis and Board meeting Paul Legoudes 4/12/ Call with K. Cannon, P. Legoudes and V. Giroir (all OPP) and client board to discuss Liquidation analysis. Paul Legoudes 4/12/ Analyze Evercore valuation analysis Paul Legoudes 4/12/ VNR Board Call Scott Anchin 4/12/ Multiple calls with P. Legoudes, K. Cannon, V. Giroir, S. Anchin (all OPP) to discuss changes to Liquidation analysis and Board meeting Virginia Giroir 4/12/ Review of analysis and presentation. Virginia Giroir 4/12/ Multiple calls with P. Legoudes, K. Cannon, V.Giroir, S. Anchin (all OPP) to discuss changes to Liquidation analysis and Board meeting Virginia Giroir 4/12/ Call with K. Cannon, P. Legoudes and V. Giroir (all OPP) and client board to discuss Liquidation analysis. Virginia Giroir 4/12/ Review of EV analysis presentation. Samir Saleem 4/17/ Call with PH to discuss Plan Recovery Numbers for liquidation analysis. Scott Anchin 4/18/ Review liquidation analysis and prepare changes to supporting disclosures Scott Anchin 4/20/ Review liquidation analysis and prepare comments Samir Saleem 4/28/ Review final liquidation analysis draft and distribute to PH. Scott Anchin 4/28/ Review and revise Liquidation Analysis Total 677.5

139 Case Document Filed in TXSB on 06/30/17 Page 99 of 133 Monthly Operating Report Tatiana Restrepo 3/7/ Continue working on the MOR model with the January financials. Tatiana Restrepo 3/7/ Start setting up the model for the MOR. Tatiana Restrepo 3/8/ Input of new financial statements in the MOR model. Tatiana Restrepo 3/10/ Updates to the MOR model to include debt data. Tatiana Restrepo 3/10/ Meeting with A. Whitton (VNR) regarding additional data needed and walkthrough of the MOR. Tatiana Restrepo 3/11/ Further updates to the MOR model. Tatiana Restrepo 3/13/ Continue working on MOR model. Preparing cash flow details to be used in MOR 7 and 8. Tatiana Restrepo 3/14/ Research, download, and analyze AP and AR data from Bolo for MOR. Samir Saleem 3/16/ Follow up with Company on approach to bifurcate pre and post petition liabilities for reporting. Tatiana Restrepo 3/16/ Review of AP aging file to be used in MOR bifurcation. Tatiana Restrepo 3/16/ Review of debt rollforward and change MOR model to include as source of debt balances. Tatiana Restrepo 3/16/ Additional work on the MOR model and the balance sheet. Including discussion with A. Whitton (VNR) regarding equity. Tatiana Restrepo 3/16/ Updating the MOR model to be able to make financial reclassifications for MOR purposes. Tatiana Restrepo 3/17/ Updates to the presentation and formatting if the MOR model. Tatiana Restrepo 3/17/ Income statement mapping into the MOR model. Samir Saleem 3/20/ Review of MOR file to determine portions to be completed prior to Feb financials package receipt. Tatiana Restrepo 3/20/ Additional work on the equity breakout in the MOR, including s with A. Whitton (VNR). Tatiana Restrepo 3/20/ Updates to the MOR model. Tatiana Restrepo 3/21/ Format and set up of MOR 9, and inclusion of data for executives. Tatiana Restrepo 3/21/ Meeting with A. Whitton and A. Uy (both VNR) regarding the breakout of equity. Tatiana Restrepo 3/21/ Research in Bolo and request for data needed for MOR 9. Tatiana Restrepo 3/21/ Updating the balance sheet in the MOR for the new equity break-out. Tatiana Restrepo 3/22/ Discussion with A. Whitton (VNR) regarding the bank reconciliations. Tatiana Restrepo 3/23/ Discussions with Y. Hamadanian (VNR) to discuss bank reconciliations and their inclusion in the MOR. Samir Saleem 3/23/ Meeting to review February MOR with S. Anchin (OPP), S. Saleem (OPP), and T. Restrepo (OPP). Scott Anchin 3/23/ Meeting to review February MOR with S. Anchin (OPP), S. Saleem (OPP), and T. Restrepo (OPP). Tatiana Restrepo 3/23/ Meeting to review February MOR with S. Anchin (OPP), S. Saleem (OPP), and T. Restrepo (OPP). Shannon Hofner 3/23/ Preparation of schedule of insurance coverage and discussion of policies with D. Sekaly (VNR) for incorporation in MOR. Samir Saleem 3/23/ Review of February financial package, TB tie-out, and debt rollforward for MOR purposes. Glenn Sniezek 3/24/ Discussion G. Sniezek, T. Restrepo (both OPP) on obtaining void check data from Bolo for MOR 7 & 8 purposes. Tatiana Restrepo 3/24/ Discussion G. Sniezek, T. Restrepo (both OPP) on obtaining void check data from Bolo for MOR 7 & 8 purposes. Tatiana Restrepo 3/24/ Inclusion or AR aging data and formatting in MOR Samir Saleem 3/24/ Meeting to walk through current state of February MOR with S. Anchin (OPP), S. Saleem (OPP), and T. Restrepo (OPP).

140 Case Document Filed in TXSB on 06/30/17 Page 100 of 133 Monthly Operating Report Scott Anchin 3/24/ Meeting to walk through current state of February MOR with S. Anchin (OPP), S. Saleem (OPP), and T. Restrepo (OPP). Tatiana Restrepo 3/24/ Meeting to walk through current state of February MOR with S. Anchin (OPP), S. Saleem (OPP), and T. Restrepo (OPP). Tatiana Restrepo 3/24/ Review and formatting of insurance information, including incorporation into MOR 1. Samir Saleem 3/24/ Review AR Aging analysis provided by the Company for MOR Tatiana Restrepo 3/24/ Preparing and responding to communications regarding professional payments, including discussion with D. Newman (PH). Tatiana Restrepo 3/24/ Work on data to be in the qualitative portion of MOR 1. Tatiana Restrepo 3/24/ Inclusion of February financials and updated trial balance information into the MOR model. Tatiana Restrepo 3/25/ Continue work on MOR 8 with additional data received. Tatiana Restrepo 3/25/ Review data received for MOR 8 and work to incorporate into MOR model. Samir Saleem 3/27/ Call with S. Anchin, S. Saleem, T. Restrepo (all OPP) to discuss treatment of debt for MOR purposes. Scott Anchin 3/27/ Call with S. Anchin, S. Saleem, T. Restrepo (all OPP) to discuss treatment of debt for MOR purposes. Tatiana Restrepo 3/27/ Call with S. Anchin, S. Saleem, T. Restrepo (all OPP) to discuss treatment of debt for MOR purposes. Tatiana Restrepo 3/27/ Call with S. Anchin, S. Saleem, T. Restrepo (all OPP) to discuss treatment of debt for MOR purposes. Samir Saleem 3/27/ Discussion with S. Saleem (OPP) and T. Restrepo (OPP) regarding MOR-9. Tatiana Restrepo 3/27/ Discussion with S. Saleem (OPP) and T. Restrepo (OPP) regarding MOR-9. Tatiana Restrepo 3/27/ Discussions with R. Midgett, A. Whitton, and Y. Hamadanian (all VNR) regarding Debtor bank accounts. Tatiana Restrepo 3/27/ Preparing and reviewing s regarding treatment of professionals in MOR 9. Tatiana Restrepo 3/27/ Additional review and s with A. Whitton regarding equity on the balance sheet. Tatiana Restrepo 3/27/ Review and respond to s regarding debt presentation on the MOR, including adding notes and adjustments to the MOR model. Samir Saleem 3/27/ Review Jan & Feb financial packages and debt rollforwards for purposes of MOR. Samir Saleem 3/28/ Meeting with Company to discuss pre/post petition liabilities for MOR. Tatiana Restrepo 3/28/ Review and inclusion of bifurcated liabilities data into the MOR model. Tatiana Restrepo 3/28/ Adjustments to include the debt rollforward information into the MOR model. Tatiana Restrepo 3/28/ Discussions with A. Whitton (VNR) regarding updated financials and their inclusion in the MOR model. Samir Saleem 3/28/ Meeting with S. Anchin (OPP), S. Saleem (OPP), and T. Restrepo (OPP) to walk through MOR draft. Scott Anchin 3/28/ Meeting with S. Anchin (OPP), S. Saleem (OPP), and T. Restrepo (OPP) to walk through MOR draft. Tatiana Restrepo 3/28/ Meeting with S. Anchin (OPP), S. Saleem (OPP), and T. Restrepo (OPP) to walk through MOR draft. Scott Anchin 3/28/ Review changes to MOR and global notes; prepare changes Tatiana Restrepo 3/28/ Combining data for cash activity and review of MOR data. Tatiana Restrepo 3/28/ Include new financial and debt roll-forward data in MOR model after receiving updated financials.

141 Case Document Filed in TXSB on 06/30/17 Page 101 of 133 Monthly Operating Report Tatiana Restrepo 3/28/ Research and downloading necessary data from Bolo for purposes of obtaining February cash activity to be included in MOR 7 & 8. Samir Saleem 3/28/ Detailed review of MOR draft in advance of internal meeting. Tatiana Restrepo 3/28/ Review and compare bank statements against cash activity to be included in MOR 7 and 8. Samir Saleem 3/29/ Call with PH to discuss MOR open items. Tatiana Restrepo 3/29/ Discussion with A. Whitton (VNR) regarding MOR adjustments and review comments. Samir Saleem 3/29/ Discussion with S. Saleem (OPP) and T. Restrepo (OPP) to determine classification of debt on MOR. Tatiana Restrepo 3/29/ Discussion with S. Saleem (OPP) and T. Restrepo (OPP) to determine classification of debt on MOR. Samir Saleem 3/29/ Gather data for reorg expenses for February MOR. Tatiana Restrepo 3/29/ Inclusion of MOR disclosures. Samir Saleem 3/29/ Prepare for MOR meeting with the Company. Tatiana Restrepo 3/29/ Updates to the MOR presentation based on company comments. Samir Saleem 3/29/ Consolidate disbursements data for February MOR. Samir Saleem 3/29/ Create MOR1a analysis for February MOR. Tatiana Restrepo 3/29/ Creation of MOR 7a and 8a, including data review. Samir Saleem 3/29/ Discussions with S. Saleem and T. Restrepo (both OPP) regarding open items on February MOR. Tatiana Restrepo 3/29/ Discussions with S. Saleem and T. Restrepo (both OPP) regarding open items on February MOR. Samir Saleem 3/29/ Final review of February MOR Draft before distribution to internal team for review. Samir Saleem 3/29/ Participate in call with S. Anchin (OPP), S. Saleem (OPP), T. Restrepo (OPP) and PH to discuss February MOR. Scott Anchin 3/29/ Participate in call with S. Anchin (OPP), S. Saleem (OPP), T. Restrepo (OPP) and PH to discuss February MOR. Tatiana Restrepo 3/29/ Participate in call with S. Anchin (OPP), S. Saleem (OPP), T. Restrepo (OPP) and PH to discuss February MOR. Samir Saleem 3/29/ Participate in meeting with S. Saleem (OPP), T. Restrepo (OPP) and the Company to walk through February MOR. Tatiana Restrepo 3/29/ Participate in meeting with S. Saleem (OPP), T. Restrepo (OPP) and the Company to walk through February MOR. Tatiana Restrepo 3/29/ Reviewing and compiling cash activity (under new approach) for use in the MOR model. Samir Saleem 3/29/ Update global notes and assumptions for February MOR. Tatiana Restrepo 3/29/ Classification of cash data by bank account and expense type. Tatiana Restrepo 3/29/ Inclusion of cash activity and modifications to the MOR model for presentation in MOR 7 & 8. Tatiana Restrepo 3/29/ Meeting with Y. Hamadanian (VNR) to discuss cash activity and reconciliation to the balance sheet. Tatiana Restrepo 3/30/ Formatting final version of the MOR for PH use as requested, including call with D. Newman (PH). Samir Saleem 3/30/ Participate in meeting with the Company to get February MOR approval. Tatiana Restrepo 3/30/ Review various s regarding MOR 8K. Samir Saleem 3/30/ S. Saleem, T. Restrepo (both VNR) call with D. Newman (PH) regarding notes to the MOR. Tatiana Restrepo 3/30/ S. Saleem, T. Restrepo (both VNR) call with D. Newman (PH) regarding notes to the MOR.

142 Case Document Filed in TXSB on 06/30/17 Page 102 of 133 Monthly Operating Report Samir Saleem 3/30/ Make final updates to MOR notes. Tatiana Restrepo 3/30/ Further updates to the MOR based on company comments. Samir Saleem 3/30/ Prepare for February MOR final review meeting with Company. Samir Saleem 3/30/ Review MOR comments from PH. Samir Saleem 3/30/ Update global notes portions of February MOR based on feedback from PH. Tatiana Restrepo 3/30/ Updates to the MOR based on counsel's review. Tatiana Restrepo 3/30/ Final review of the MOR and formatting updates. Tatiana Restrepo 3/30/ Review and respond to various s from VNR with questions on the MOR. Tatiana Restrepo 3/30/ Download, research, and review payment reports and invoices in Bolo. Tatiana Restrepo 4/5/ Begin MOR roll forward for March. Samir Saleem 4/12/ S. Saleem and T. Restrepo (both OPP) meeting to discuss AP bifurcation process and items to provide accounting for this process. Tatiana Restrepo 4/12/ S. Saleem and T. Restrepo (both OPP) meeting to discuss AP bifurcation process and items to provide accounting for this process. Tatiana Restrepo 4/12/ Review report provided by accounting and tie to March payments as requested by A. Whitton (VNR). Tatiana Restrepo 4/17/ Break out payments into pre and post petition for liability bifurcation purposes. Tatiana Restrepo 4/19/ Review and updates to the flow of financials in the MOR model. Tatiana Restrepo 4/20/ Download check registers, and void reports for March MOR from Bolo. Tatiana Restrepo 4/20/ Meeting with K. Stein (VNR) regarding AR aging. Tatiana Restrepo 4/20/ Complete the bank reconciliation portion of MOR 8. Tatiana Restrepo 4/20/ Update financial adjustments to the MOR. Tatiana Restrepo 4/20/ Review and updates to the income statement files and flow in the MOR model. Tatiana Restrepo 4/20/ Update the balance sheet mapping to the MOR model. Tatiana Restrepo 4/21/ Discussion with A. Whitton and K. Stein (both VNR) regarding AR and AP aging. Tatiana Restrepo 4/21/ Designate transaction and bank account categories for MOR 8. Tatiana Restrepo 4/21/ Input of sections from the trial balance tie out needed for the MOR into the model. Tatiana Restrepo 4/21/ Format and combine cash activity data for MOR 7 & 8. Tatiana Restrepo 4/21/ Vendor/Category mapping for disbursements under MOR 7. Tatiana Restrepo 4/21/ Download GL cash activity from Bolo and Tie it out to the detail sources for MOR 7 & 8. Tatiana Restrepo 4/22/ Review of MOR model for formatting and consistency. Tatiana Restrepo 4/22/ Review and analysis of balance sheet and MOR 2 and 3. Scott Anchin 4/24/ Review Monthly Operating Statement and prepare internal s regarding questions and changes Scott Anchin 4/25/ Review Monthly Operating Statement and prepare internal s regarding questions and changes Scott Anchin 4/26/ Review Monthly Operating Statement and prepare internal s regarding questions and changes Scott Anchin 4/27/ Review MOR reconciliation to cash flow forecast and prepare regarding changes and comments Total 148.6

143 Case Document Filed in TXSB on 06/30/17 Page 103 of 133 Plan & Disclosure Statement Scott Anchin 2/2/ Call with C. Dickerson (PH) to discuss Chapter 11 filing and related issues Scott Anchin 2/2/ Call with T. Schwartz (PH) to discuss Chapter 11 filing and related issues; prepare with DIP budget Scott Anchin 2/7/ Call with T. Schwartz (PH) re: disclosure statements Scott Anchin 2/7/ Review cash forecast and update presentation Scott Anchin 2/10/ Review revised presentation to Steerco; prepare s to Evercore with comments Scott Anchin 2/10/ Review presentation to Steering Committee; provide comments to presentation to Evercore and management Scott Anchin 2/11/ Review changes to presentation and respond to communications from G. Sniezek (OPP) Scott Anchin 2/14/ Call with Company (S. Smith, R. Robert, R. Midgett) and debtors advisors (PH, EV, OPP) to discuss Steerco proposal Scott Anchin 2/14/ Call with Company (S. Smith, R. Robert, R. Midgett) and debtors advisors (PH, EV, OPP) to discuss subscription rights Scott Anchin 2/14/ Review Steerco proposal and prepare analysis Scott Anchin 2/23/ Call with VNR (S. Smith, R. Robert), Evercore (various), Paul Hastings (various) to discuss Chapter 11 related issues Scott Anchin 2/27/ Advisor call with VNR (S. Smith, R. Robert, R. Midgett) Paul Hastings (various), Evercore (various) to discuss case related issues Scott Anchin 3/1/ Meeting with PH (J. Grogan, various) to discuss court hearing and related issues Scott Anchin 3/2/ Review creditors proposal and prepare s to D. Baggett (OPP) regarding related issues Scott Anchin 3/3/ Call with T. Schwartz (PH) regarding disclosure statement Scott Anchin 3/13/ Advisor call with VNR (S. Smith, R. Robert, R. Midgett) PH (various), EV (various) to discuss case related issues Scott Anchin 3/17/ Prepare internal correspondences relating to meeting with PJT and other related issues Scott Anchin 3/21/ Call with C. Dickerson (PH), M. Moss (EV) regarding disclosure statements and related issues Samir Saleem 3/21/ Review filed disclosure statement for claims classifications. Scott Anchin 3/21/ Review cash flow model and prepare supporting analysis Scott Anchin 3/23/ Call with R. Robert, R. Midgett (both VNR) to discuss Plan related issues Scott Anchin 3/23/ Advisor call with VNR (S. Smith, R. Robert, R. Midgett) PH (various), EV (various) to discuss case related issues Scott Anchin 3/23/ Review draft of Plan term sheet and supporting information Scott Anchin 3/24/ Call with EV (B. Briggs, M. Moss) to discuss Plan related issues Scott Anchin 3/24/ Review Plan proposal; prepare supporting schedules and review related materials; prepare for all advisors call Scott Anchin 3/24/ Review and revise cash flow projections and supporting analysis of liquidity at emergence Scott Anchin 3/25/ Call with C. Dickerson (PH) regarding Plan and Liquidation analysis related issues Scott Anchin 3/25/ Prepare and review changes to Company business plan; prepare to EV with cash flow estimates Scott Anchin 3/25/ Prepare supporting analysis for Company business plan; prepare to R. Midgett (VNR) regarding information request and other analysis needed Scott Anchin 3/27/ Calls with EV (various) to discuss cash flow forecast and changes to drilling plan

144 Case Document Filed in TXSB on 06/30/17 Page 104 of 133 Plan & Disclosure Statement Scott Anchin 3/27/ Calls with R. Midgett (VNR) to discuss cash flow forecast and changes to drilling plan Scott Anchin 3/28/ Review intercompany analysis and amounts due to/from debtors Scott Anchin 3/29/ Call with C. Dickerson (PH) to discuss Liquidation Analysis and related issues Scott Anchin 3/29/ Call with EV (M. Moss) to discuss Valuation Analysis Scott Anchin 3/29/ Revise cash flow model and prepare supporting schedules Scott Anchin 3/30/ Call with R. Robert (VNR) to discuss Plan related issues Scott Anchin 3/30/ Call with C. Dickerson (PH), D. Aronson (EV) to discuss plan related issues Scott Anchin 3/30/ Calls with EV (various) to discuss cash flow forecast and supporting assumptions Scott Anchin 4/2/ Review changes to presentation; prepare s and participate on calls with Evercore regarding changes to presentation Scott Anchin 4/2/ Prepare and review supporting schedules for RBL lender presentation Scott Anchin 4/5/ Review changes to Company presentation Scott Anchin 4/5/ Calls with R. Midgett (VNR) to discuss Plan negotiations and related issues. Samir Saleem 4/6/ Call with PH regarding open items remaining on DS exhibits. Samir Saleem 4/6/ Update plan recovery column for liquidation analysis. Samir Saleem 4/7/ Complete DS recovery table for all claims classes. Scott Anchin 4/7/ Review draft of Disclosure Statement Samir Saleem 4/10/ Call with J. Grogan (PH), S. Saleem and S. Anchin (both OPP) to discuss deal term sheet Samir Saleem 4/10/ Create preliminary template of PPTX deck for the Board meeting. Scott Anchin 4/10/ Call with VNR (S. Smith, R. Robert, R. Midgett), Evercore (various), PH (various) to discuss issues related to Ch 11 bankruptcy and other related matters Scott Anchin 4/10/ Call with J. Grogan (PH), S. Saleem and S. Anchin (both OPP) to discuss deal term sheet Scott Anchin 4/10/ Review creditors proposal and supporting materials Scott Anchin 4/10/ Calls with M. Moss, W. Anifowoshe (both EV) regarding valuation analysis Samir Saleem 4/11/ Call with PH and Opportune to discuss open items on Disclosure Statement. Samir Saleem 4/11/ Update and finalize all slides for board deck. Scott Anchin 4/11/ Prepare for and participate on call with T. Schwartz (PH) to discuss plan related issues Scott Anchin 4/11/ Review term sheet (.3); participate on calls with M. Moss, W. Anifowoshe (both EV) regarding term sheet (.2) Paul Legoudes 4/12/ Call with P. Legoudes, S. Anchin (both OPP) to discuss Board meeting Samir Saleem 4/12/ Final updates to DS exhibit for Board meeting. Samir Saleem 4/12/ Update Board Deck for final updates from internal team. Samir Saleem 4/12/ Review the latest version of the Disclosure Statement. Samir Saleem 4/12/ Participate on call with VNR Board, R. Robert, S. Smith, R. Midgett, Evercore (various), Paul Hastings (various), S. Anchin (partial 1hr), S. Saleem (both OPP) Scott Anchin 4/12/ Call with P. Legoudes, S. Anchin (both OPP) to discuss Board meeting Scott Anchin 4/12/ Participate on call with VNR Board, R. Robert, S. Smith, R. Midgett, Evercore (various), Paul Hastings (various), S. Anchin (partial), S. Saleem (both OPP) Scott Anchin 4/12/ Prepare for Board meeting Scott Anchin 4/12/ Review draft of Plan and Disclosure Statement; prepare comments and supporting schedules

145 Case Document Filed in TXSB on 06/30/17 Page 105 of 133 Plan & Disclosure Statement Scott Anchin 4/12/ Participate on call with VNR Board, R. Robert, S. Smith, R. Midgett, Evercore (various), Paul Hastings (various), S. Anchin (partial 1hr), S. Saleem (both OPP) Samir Saleem 4/14/ Review liquidation analysis sections of the Disclosure Statement and provide feedback to PH. Scott Anchin 4/14/ Review draft of Disclosure Statement; prepare to B. Gage (PH) with comments Samir Saleem 4/17/ Call with PH to discuss open items on DS exhibits. Samir Saleem 4/17/ Follow up on PH information requests on liquidation analysis in regards to Disclosure Statement. Samir Saleem 4/17/ Review basin information for purposes of Disclosure Statement. Samir Saleem 4/17/ Review latest revision of DS valuation exhibit based on updates from PH. Scott Anchin 4/17/ Call with Company (S. Smith, R. Robert, R. Midgett), Evercore (various), PH (various) to discuss issues related to Ch 11 bankruptcy and other related matters Scott Anchin 4/17/ Calls with Evercore (M. Moss) to discuss Plan and related issues Scott Anchin 4/17/ Prepare for and participate on multiple calls with R. Midgett (VNR) to discuss information for disclosure statements Scott Anchin 4/17/ Review draft of disclosure statement; prepare comments and to R. Midgett (VNR) Scott Anchin 4/18/ Call with K. Asarnow (RPA) to discuss plan and related issues Scott Anchin 4/18/ Review Disclosure Statement and prepare s to VNR to review information Samir Saleem 4/19/ Call with Counsel to discuss open items on Disclosure Statement exhibits. Scott Anchin 4/19/ Review and update intercompany analyses Scott Anchin 4/19/ Review intercompany loan agreements and discuss with VNR; prepare to J. Grogan (PH) to discuss; prepare follow up s to FTI and PJT Samir Saleem 4/20/ Review and update DS section regarding Company's revenue streams. Samir Saleem 4/20/ Update the Chapter 11 claims analysis based on DS recovery table revisions and cap table. Samir Saleem 4/20/ Update DS recovery table and confirm all other claim calculations. Samir Saleem 4/20/ Update liquidation analysis based on changes made to DS recovery table. Scott Anchin 4/20/ Review Plan recovery estimates and related analysis Samir Saleem 4/21/ Call with S. Saleem, S. Anchin (both OPP), B. Gage (PH) to discuss Disclosure Statement Samir Saleem 4/21/ Review recovery table pptx provided by Evercore. Samir Saleem 4/21/ Review latest draft of the Disclosure Statement. Scott Anchin 4/21/ Call with S. Saleem, S. Anchin (both OPP), B. Gage (PH) to discuss Disclosure Statement Scott Anchin 4/21/ Prepare for and participate on call with PJT on de minims asset sales Scott Anchin 4/21/ Review disclosure statement and changes Scott Anchin 4/24/ Call with Company (S. Smith, R. Robert, R. Midgett), Evercore (various), PH (various) to discuss issues related to Ch 11 bankruptcy and other related matters Samir Saleem 4/25/ Review of revised liquidation analysis exhibit based on updates from PH. Scott Anchin 4/25/ Review Plan term sheet and related changes Samir Saleem 4/26/ Review revised sections of DS regarding liquidation analysis and provide PH with comments. Samir Saleem 4/26/ Work with PH to update claims figures in Disclosure Statement. Samir Saleem 4/27/ Discuss treatment of certain claims classification for DS with PH. Samir Saleem 4/27/ Review current draft of Plan of Reorganization.

146 Case Document Filed in TXSB on 06/30/17 Page 106 of 133 Plan & Disclosure Statement Scott Anchin 4/27/ Call with D. Getten (PH) to discuss Chapter 11 related issues Scott Anchin 4/27/ Prepare for and participate on call with L. Godfrey (VNR) to discuss Board related questions Scott Anchin 4/27/ Review Evercore valuation analysis Samir Saleem 4/28/ Update liquidation analysis based on revisions made to DS. Scott Anchin 4/28/ Review and respond to s from counsel regarding filing of Disclosure Statements Total 90.3

147 Case Document Filed in TXSB on 06/30/17 Page 107 of 133 Statements & Schedules Tatiana Restrepo 2/1/ Review and update creditor matrix. Tatiana Restrepo 2/2/ Review accounting data provided to support request for the schedules and statements. Shannon Hofner 2/2/ Analysis and review of gifts and charitable contributions; preparation of upload file for SOFAs Shannon Hofner 2/2/ Begin design of database to house input data for generation of Schedules and SOFAs Shannon Hofner 2/2/ Begin population of upload templates related to prepaid expenses for Vanguard Operating LLC for incorporation in bankruptcy Schedule A/B Shannon Hofner 2/2/ Review of Schedule data files received to date to begin preparation of Schedule templates related to fixed assets. Shannon Hofner 2/3/ Continue population of upload templates related to prepaid items for all Vanguard entities for incorporation in bankruptcy Schedule A/B Shannon Hofner 2/6/ Review of new Asset schedules received from P. Avila-Eady (VNR) to prepare bankruptcy Schedule A/B Shannon Hofner 2/6/ Preparation of vehicle template for incorporation in Schedule A/B of bankruptcy schedules Shannon Hofner 2/6/ Discussion S. Hofner and T. Restrepo (both OPP) regarding the data needed from accounting for the Schedules and Statements Tatiana Restrepo 2/6/ Discussion S. Hofner and T. Restrepo (both OPP) regarding the data needed from accounting for the Schedules and Statements. Shannon Hofner 2/6/ Preparation of fixed asset template for incorporation in Schedule A/B of bankruptcy schedules Shannon Hofner 2/7/ Update office equipment and vehicles net book value numbers for upload into asset schedule A/B Shannon Hofner 2/7/ Review of prepaid items source files received to prepare template for import into bankruptcy fixed asset schedule Shannon Hofner 2/8/ Prepare upload template related to Statement of Financial Affairs 28 Tatiana Restrepo 2/8/ Review and respond to various s regarding accounts receivable aging for schedules and statements. Shannon Hofner 2/8/ Review and updating of selected real and personal property templates for incorporation in Schedule A/B Shannon Hofner 2/8/ Continue review of prepaid source files and preparation of template for import into bankruptcy fixed asset schedule Scott Anchin 2/8/ Prepare and review supporting schedules for Statements & Schedules Shannon Hofner 2/9/ Update for incorporation of selected employee related data to SOFA questions. Shannon Hofner 2/9/ Review and analysis of lease data provided for incorporation into Schedule A/B Scott Anchin 2/9/ Review Schedules and Statements and related issues Shannon Hofner 2/10/ Review of debt and incorporated into Schedules D and F Tatiana Restrepo 2/10/ Review and respond to s regarding accounts receivables data to be incorporated in the schedules. Shannon Hofner 2/10/ Preparation of employee obligations and incorporation of total claim and priority amounts into Schedule E/F Scott Anchin 2/10/ Review Schedules and Statements and related issues; prepare s to counsel to discuss related issues Shannon Hofner 2/10/ Preparation of Schedule H - Co-Debtors Tatiana Restrepo 2/10/ Review oil and gas receivable reconciliations and prepare follow-up questions.

148 Case Document Filed in TXSB on 06/30/17 Page 108 of 133 Statements & Schedules Tatiana Restrepo 2/10/ Prepare report of historical payments to restructuring professionals for inclusion in statements. Tatiana Restrepo 2/12/ Prepare template and start organizing data for the accounts receivable section of the schedules and statement. Tatiana Restrepo 2/13/ Discussion S. Hofner and T. Restrepo (both OPP) regarding the well data received for. Glenn Sniezek 2/13/ Reviewing well files with S. Hofner, and G. Sniezek (both OPP) for the schedules and statement. Tatiana Restrepo 2/13/ Reviewing well files with S. Hofner, and G. Sniezek (both OPP) for the schedules and statement. Tatiana Restrepo 2/13/ Meeting P. Avila-Eady, K. Kotlarz (both VNR), S. Hofner, and T. Restrepo (both OPP) to discuss account receivable types and balances for completion of statements and schedules. Shannon Hofner 2/13/ Meeting P. Avila-Eady, K. Kotlarz (both VNR), S. Hofner, and T. Restrepo (both OPP) to discuss account receivable types and balances for completion of statements and schedules. Shannon Hofner 2/13/ Preparation of template related to SOFA 20 for upload into Statement of Financial Affairs. Tatiana Restrepo 2/13/ Review revised well data to be used as support for the schedules and statements. Shannon Hofner 2/13/ Analysis and preparation of upload template related to payments to insiders. Tatiana Restrepo 2/14/ S. Hofner and T. Restrepo (both OPP) meeting to discuss reserve report one lines and options for obtaining a complete well listing. Shannon Hofner 2/14/ S. Hofner and T. Restrepo (both OPP) meeting to discuss reserve report one lines and options for obtaining a complete well listing. Shannon Hofner 2/14/ Preparation of data templates for selected SOFA templates for upload into Statement of Financial Affairs. Scott Anchin 2/14/ Discuss Schedules and Statements; review draft of supporting schedule. Provide comments to S. Hofner (OPP). Shannon Hofner 2/15/ Review of intangible account reconciliations and prepared upload templates for incorporation in bankruptcy Schedules Shannon Hofner 2/15/ Prepare upload templates related to prepaid items for incorporation in bankruptcy Schedules Tatiana Restrepo 2/15/ Review of accounts receivables reconciliations provided for purposes of inclusion in the schedules and statements. Shannon Hofner 2/15/ Review of company documentation related to goodwill from acquisitions and prepared upload template for incorporation in bankruptcy Schedules Shannon Hofner 2/15/ S. Hofner and T. Restrepo (both OPP) discussion over data received for schedules and statements. Tatiana Restrepo 2/15/ S. Hofner and T. Restrepo (both OPP) discussion over data received for schedules and statements. Shannon Hofner 2/15/ S. Hofner and T. Restrepo (both OPP) review of accounts receivable data provided for schedules and brainstorming of working plan to finalize accounts receivable section. Tatiana Restrepo 2/15/ S. Hofner and T. Restrepo (both OPP) review of accounts receivable data provided for schedules and brainstorming of working plan to finalize accounts receivable section. Scott Anchin 2/15/ Review progress on Statements & Schedules; review company provided information Shannon Hofner 2/15/ Review of account reconciliations related to other intangibles and prepared upload template for incorporation in bankruptcy Schedules

149 Case Document Filed in TXSB on 06/30/17 Page 109 of 133 Statements & Schedules Tatiana Restrepo 2/15/ Download 90 day payments data and creating the template to be included in the statements. Shannon Hofner 2/15/ Preparation of all lien information for upload into bankruptcy Schedule D Scott Anchin 2/16/ Review progress on Schedules and Statements Tatiana Restrepo 2/16/ Work on property data for inclusion of related information in the Schedules and Statements Shannon Hofner 2/16/ Discussion S. Anchin and S. Hofner (both OPP) to discuss status of SOFAs and Schedules, outstanding items, and related timeline Scott Anchin 2/16/ Discussion S. Anchin and S. Hofner (both OPP) to discuss status of SOFAs and Schedules, outstanding items, and related timeline Shannon Hofner 2/16/ K. Kotlarz (VNR), S. Hofner, and T. Restrepo (both OPP) meeting to discuss accounts receivable data provided for schedules. Tatiana Restrepo 2/16/ K. Kotlarz (VNR), S. Hofner, and T. Restrepo (both OPP) meeting to discuss accounts receivable data provided for schedules. Tatiana Restrepo 2/16/ Continue working on the Accounts Receivable detail reconciliation for the schedules and statements. Shannon Hofner 2/17/ Update selected schedules related to prepaid items and other assets. Shannon Hofner 2/17/ Update employee information for incorporation in Schedule E/F Shannon Hofner 2/17/ Update selected SOFA upload templates based on updated information received Shannon Hofner 2/17/ Preparation of payments related to bankruptcy professionals for incorporation in Statement of Financial Affairs Shannon Hofner 2/17/ Preparation of template related to SOFA 10 - Losses Tatiana Restrepo 2/17/ Continue working on 90 day payments file for the schedules and statements. Shannon Hofner 2/17/ Preparation of all environmental information for incorporation in SOFAs Shannon Hofner 2/17/ Analysis of all information related to leased vehicles; prepared upload template to incorporate into Schedule D Tatiana Restrepo 2/19/ Finalize 90 day payments file for the schedules and statements. Shannon Hofner 2/20/ Review of 90 day payment information; prepare template of missing information and coordinate further research for upload into SOFAs and Schedules. Shannon Hofner 2/20/ Update all Schedule templates prepared to date to forward to Prime Clerk to generate Schedule drafts Eason Qiu 2/20/ Locate missing addresses for 90 Day Exhibit disbursement file. Shannon Hofner 2/20/ Update all Statement of Financial Affairs templates to forward to Prime Clerk to generate SOFA drafts Eason Qiu 2/20/ Populate 90 Day Exhibit file into a format for the claims agent to upload into the schedules. Shannon Hofner 2/21/ S. Hofner, T. Restrepo (both OPP) meeting to discuss well data for schedules and statements. Tatiana Restrepo 2/21/ S. Hofner, T. Restrepo (both OPP) meeting to discuss well data for schedules and statements. Shannon Hofner 2/21/ Facilitate completion of template related to tax payments for incorporation in the schedules. Shannon Hofner 2/21/ Prepare and send updated templates for Schedules and SOFAs to Prime Clerk to begin preparation of reports. Shannon Hofner 2/21/ Review of intercompany reconciliation files received Shannon Hofner 2/21/ S. Hofner, S. Saleem, T. Restrepo (all OPP) meeting regarding accounts payable data and related procedures needed to produce schedules and statements.

150 Case Document Filed in TXSB on 06/30/17 Page 110 of 133 Statements & Schedules Samir Saleem 2/21/ S. Hofner, S. Saleem, T. Restrepo (all OPP) meeting regarding accounts payable data and related procedures needed to produce schedules and statements. Tatiana Restrepo 2/21/ S. Hofner, S. Saleem, T. Restrepo (all OPP) meeting regarding accounts payable data and related procedures needed to produce schedules and statements. Shannon Hofner 2/21/ Prepare AP information and forward to colleague to discuss items to incorporate into Schedule F Shannon Hofner 2/21/ Run AP aging reports from accounting system and list of open invoices to prepare data for incorporation in Schedule F. Shannon Hofner 2/21/ Perform related follow-up from meeting with R. Midgett (VNR); identify all interests marked as "undetermined" to facilitate further research Tatiana Restrepo 2/21/ Research in accounting system for a vendor with prepetition invoices. Provide findings and suggested adjustments for accounts payable to S. Hofner (OPP) for Schedules and Statements. Shannon Hofner 2/21/ Review of lease files and well data received in preparation for my discussion with R. Midgett regarding completing real property portion of schedules. Shannon Hofner 2/21/ Update AR source files to reflect true receivables for incorporation in Schedule data. Shannon Hofner 2/21/ Research and locate payment information related to payments made to restructuring professionals for incorporation in SOFAs Eason Qiu 2/21/ Populate data into a template for Schedule EF. Shannon Hofner 2/21/ Analysis and formatting of information from Open Invoice system reports for incorporation in schedules. Shannon Hofner 2/21/ Analysis and formatting of accounting system open AP amounts for incorporation in schedules. Shannon Hofner 2/21/ Update SOFA 11 - payments to restructuring professionals to incorporate in SOFAs Tatiana Restrepo 2/21/ Start work on the accounts receivable support for the schedules and statements. Samir Saleem 2/21/ Create new pre-petition AP balance for schedules and statements. Eason Qiu 2/22/ Discussion E. Qiu and S. Saleem (both OPP) related to the intercompany account balances and procedures to update. Samir Saleem 2/22/ Discussion E. Qiu and S. Saleem (both OPP) related to the intercompany account balances and procedures to update. Samir Saleem 2/22/ Discussion S. Anchin, S. Saleem, S. Hofner (all OPP) regarding pre-petition AP amounts for incorporation in Schedules. Scott Anchin 2/22/ Discussion S. Anchin, S. Saleem, S. Hofner (all OPP) regarding pre-petition AP amounts for incorporation in Schedules. Shannon Hofner 2/22/ Participate in call with J. Karotkin (PC) to discuss SOFA and Schedule data provided and related preparation. Shannon Hofner 2/22/ Recorded net operating losses and Refunds for incorporation in Schedule A/B Samir Saleem 2/22/ Update pre-petition AP analysis for statements & schedules based on discussions with the Company. Shannon Hofner 2/22/ Continue preparation of intercompany transaction schedule Shannon Hofner 2/22/ Preparation of Prepetition AP data from accounting systems to populate Schedule F - unsecured claims Shannon Hofner 2/22/ Preparation of intercompany transaction schedule for incorporation in Schedules

151 Case Document Filed in TXSB on 06/30/17 Page 111 of 133 Statements & Schedules Eason Qiu 2/22/ Update intercompany account balances. Shannon Hofner 2/23/ Perform research related to payments to specified taxing authorities to identify related legal entity. Shannon Hofner 2/23/ Review of land contracts received in preparation for meeting with JC Moon (VNR) for incorporation in Schedule G. Shannon Hofner 2/23/ Preparation of templates related to additional notice parties to facilitate incorporation in Schedules Shannon Hofner 2/23/ Research and discussion T. Restrepo and S. Hofner (both OPP) related to tax payments for Schedule EF. Shannon Hofner 2/23/ Discussion E. Qiu and S. Hofner (both OPP) related to unsecured claim amounts for incorporation in Schedules. Eason Qiu 2/23/ Discussion E. Qiu and S. Hofner (both OPP) related to unsecured claim amounts for incorporation in Schedules. Tatiana Restrepo 2/23/ Discussion T. Restrepo and S. Hofner (both OPP) related to outstanding Schedule/SOFA items and next steps. Shannon Hofner 2/23/ Discussion T. Restrepo and S. Hofner (both OPP) related to outstanding Schedule/SOFA items and next steps. Shannon Hofner 2/23/ Perform additional contract review to prepare Schedule G. Shannon Hofner 2/23/ Preparation of intellectual property for incorporation in Schedules. Shannon Hofner 2/23/ Preparation of consolidated AP pre-petition amounts for incorporation in Schedules. Tatiana Restrepo 2/23/ Analysis and discussion T. Restrepo and S. Hofner (both OPP) of asset reconciliations for incorporation in Schedules. Shannon Hofner 2/23/ Analysis and discussion T. Restrepo and S. Hofner (both OPP) of asset reconciliations for incorporation in Schedules. Shannon Hofner 2/23/ Meeting with JC Moon (VNR) to discussion land related contracts Eason Qiu 2/23/ Update unsecured claim amounts for incorporation in Schedules. Shannon Hofner 2/23/ Preparation of information related to interest in other businesses for incorporation in SOFA Shannon Hofner 2/23/ Review and updating of unsecured claim data for incorporation in Schedule EF Tatiana Restrepo 2/23/ Continue working on the Accounts Receivable detail reconciliation for the schedules and statements. Tatiana Restrepo 2/23/ Continue working on the Accounts Receivable detail reconciliation for the schedules and statements. Shannon Hofner 2/23/ Preparation of litigation information for incorporation in SOFA Shannon Hofner 2/23/ Update upload template related to Schedule EF to include claims related to priority tax payments. Shannon Hofner 2/24/ Preparation of footnotes to include SOFAs and Schedules Shannon Hofner 2/24/ Prepare information related to personally identifiable information for incorporation in SOFA Tatiana Restrepo 2/24/ Aid S. Hofner (OPP) on tax matters for the Schedules and Statements. Shannon Hofner 2/24/ Continue preparation of interests in other companies for incorporation in SOFAs Shannon Hofner 2/24/ Discussion E. Qiu and S. Hofner (both OPP) related to additional notice parties for Schedules D and EF. Eason Qiu 2/24/ Discussion E. Qiu and S. Hofner (both OPP) related to additional notice parties for Schedules D and EF. Shannon Hofner 2/24/ Identify litigation parties from Statement of Financial Affairs to be incorporated in Schedule F and Schedule AB Shannon Hofner 2/24/ Update asset information in Schedule AB to reflect litigation cases

152 Case Document Filed in TXSB on 06/30/17 Page 112 of 133 Statements & Schedules Shannon Hofner 2/24/ Preparation of information related to investments in other entities for incorporation in SOFA Eason Qiu 2/24/ Work on populating additional notice parties for Schedule D and EF. Shannon Hofner 2/24/ Update unsecured claim template to incorporate litigation information to upload into Schedules. Eason Qiu 2/24/ Continue to work on populating additional notice parties for Schedule D and EF. Eason Qiu 2/25/ Continue to work on populating additional notice parties for Schedule D and EF. Eason Qiu 2/25/ Continue to work on populating additional notice parties for Schedule D and EF. Shannon Hofner 2/26/ Complete preparation of executory contract counterparty list for Prime Clerk for noticing of Disclosure Statement. Shannon Hofner 2/26/ Identify additional executory contracts for incorporation in Schedule G. Eason Qiu 2/26/ Continue to work on populating additional notice parties for Schedule D and EF. Shannon Hofner 2/27/ Update SOFA and Schedule checklists to identify outstanding items Shannon Hofner 2/27/ Discussion E. Qiu and S. Hofner (both OPP) related to preparation of well and lease information for real property schedule Eason Qiu 2/27/ Discussion E. Qiu and S. Hofner (both OPP) related to preparation of well and lease information for real property schedule. Eason Qiu 2/27/ Populate lease information into a format for Schedule AB. Shannon Hofner 2/27/ Prepare format for Lease file for Real Property Exhibit Shannon Hofner 2/27/ Discussion S. Anchin and S. Hofner (both OPP) to discuss status of SOFAs and Schedules and open items. Scott Anchin 2/27/ Discussion S. Anchin and S. Hofner (both OPP) to discuss status of SOFAs and Schedules and open items. Shannon Hofner 2/27/ Prepare SOFA/Schedule data for Prime Clerk to generate draft of schedules Eason Qiu 2/27/ Locate undetermined ownership interests for oil wells and populated wells information into a format for Schedule AB. Shannon Hofner 2/27/ Prepare Well and Lease file information to discuss with E. Qiu (OPP) to prepare real property exhibit Shannon Hofner 2/27/ Review and formatting of non-land contracts for incorporation in bankruptcy Schedules. Shannon Hofner 2/28/ Complete listing of wells for incorporation in real property of Schedules Shannon Hofner 2/28/ Discussion of officers for various legal entities with R. Midgett (VNR) for incorporation in Statement of Financial Affairs Eason Qiu 2/28/ Edit files into Schedule AB format for claim agents. Shannon Hofner 2/28/ Meeting with L. Godfrey (VNR) to discuss outstanding contract issues for incorporation in Schedules Shannon Hofner 2/28/ Meeting with R. Midgett (VNR) to follow-up on open items related to preparation of Schedules and Statements Shannon Hofner 2/28/ Prepare for meeting to discuss land contracts Shannon Hofner 2/28/ Prepare template for recording of Purchase and Sale Agreements for use by land department. Shannon Hofner 2/28/ Discussion E. Qiu and S. Hofner (both OPP) related to preparations for Schedule AB and G. Eason Qiu 2/28/ Discussion E. Qiu and S. Hofner (both OPP) related to preparations for Schedule AB and G. Shannon Hofner 2/28/ Complete preparation of contract template for incorporation in Schedule G. Shannon Hofner 2/28/ Continue preparation of contract information for incorporation in Schedules

153 Case Document Filed in TXSB on 06/30/17 Page 113 of 133 Statements & Schedules Shannon Hofner 2/28/ Prepare information related to leases and wells for updating and incorporation in asset Schedule AB Shannon Hofner 2/28/ Status call S. Hofner and S. Anchin (both OPP) to discuss status of Schedules and SOFAs and open items Scott Anchin 2/28/ Status call S. Hofner and S. Anchin (both OPP) to discuss status of Schedules and SOFAs and open items Shannon Hofner 2/28/ Update director and officer information for incorporation in Statement of Financial Affairs Eason Qiu 2/28/ Populate data into a template for Schedule G. Shannon Hofner 2/28/ Complete listing of leases for incorporation in real property of Schedules Shannon Hofner 2/28/ Meeting S. Hofner and S. Anchin (both OPP) with J Moon (VNR) to discuss land contracts for incorporation in Schedules Scott Anchin 2/28/ Meeting S. Hofner and S. Anchin (both OPP) with J Moon (VNR) to discuss land contracts for incorporation in Schedules Shannon Hofner 2/28/ Review and formatting of contracts for inclusion in Schedule G Shannon Hofner 2/28/ Preparation of A/R information for incorporation in Schedules Scott Anchin 2/28/ Review supporting information for Schedules and Statements Shannon Hofner 2/28/ Begin preparation of Global Notes for Schedules and SOFAs Shannon Hofner 2/28/ Continue review of non-land related contracts for inclusion in bankruptcy schedules Shannon Hofner 3/1/ Discussion with J. Karotkin (PC) regarding timing related to next SOFA and Schedule drafts Shannon Hofner 3/1/ Finalizing of updated 90-day payment information for incorporation in Schedules Shannon Hofner 3/1/ Review of executory contract information received for incorporation in Schedules Shannon Hofner 3/1/ Review of updated litigation information received for incorporation in Schedules and SOFAs Shannon Hofner 3/1/ Updating of net operating losses and tax refunds for incorporation in Schedules Scott Anchin 3/1/ Discussion S. Anchin and S. Hofner (both OPP) regarding Schedule and SOFA open items and timing for review Shannon Hofner 3/1/ Discussion S. Anchin and S. Hofner (both OPP) regarding Schedule and SOFA open items and timing for review Shannon Hofner 3/1/ Preparation of updated 90 day payment information for incorporation in SOFAs Shannon Hofner 3/1/ Preparation of updates to Schedule E/F related to priority claims Shannon Hofner 3/1/ Updating of accounts receivable information for incorporation in Schedules Shannon Hofner 3/1/ Preparation of additional secured claim items for incorporation in Schedule D Shannon Hofner 3/1/ Preparation of intercompany items for incorporation in Schedules Shannon Hofner 3/1/ Preparation of unsecured claim amounts related to employees for incorporation in Schedule EF Shannon Hofner 3/1/ Updating of SOFA 7 related to litigation information for incorporation in schedules Tatiana Restrepo 3/1/ Reading and responding to s regarding 90 days payments, including research and analysis of certain payments. Shannon Hofner 3/1/ Review of initial SOFA/Schedule drafts received Shannon Hofner 3/1/ Updating of selected schedules to forward to J. Karotkin (PC) for incorporation in Schedules and SOFAs

154 Case Document Filed in TXSB on 06/30/17 Page 114 of 133 Statements & Schedules Scott Anchin 3/1/ Meeting S. Anchin and S. Hofner (both OPP) to review and discuss initial SOFA/Schedule drafts Shannon Hofner 3/1/ Meeting S. Anchin and S. Hofner (both OPP) to review and discuss initial SOFA/Schedule drafts Shannon Hofner 3/1/ Additional preparation of Global Notes Eason Qiu 3/1/ Revise 90 Day Exhibit file for SOFA Part 2, Question 3. Shannon Hofner 3/2/ Preparation of revised schedule information related to prepaid items Shannon Hofner 3/2/ Complete preparation of draft Global Notes related to Schedules Shannon Hofner 3/2/ Preparation of updated debtors ownership interests in other companies for incorporation in SOFAs Shannon Hofner 3/2/ Preparation of updated templates and forwarded to J. Karotkin (PC) for preparation of updated Schedule and SOFA drafts Shannon Hofner 3/2/ Preparation of contracts database for incorporation in Schedule G Shannon Hofner 3/2/ Preparation of Global Notes related to Specific Schedules Shannon Hofner 3/2/ Complete preparation of draft Global Notes related to SOFAs Shannon Hofner 3/3/ Preparation of additional Schedule G information related to land contracts and forwarded to J. Karotkin (PC) for incorporation in Schedules Shannon Hofner 3/3/ Begin preparation of support files for SOFA and Schedule data for review and discussion with company during Schedule/SOFA review Shannon Hofner 3/4/ Continue preparing support files for SOFA and Schedule data for upcoming review and discussion with company Shannon Hofner 3/4/ Initial review of updated Schedule and SOFA drafts received Shannon Hofner 3/4/ Continue review of updated Schedule and SOFA drafts received; coordinate with J. Karotkin (PC) regarding additional changes Shannon Hofner 3/5/ Review of SOFA drafts and prepare backup documentation support for review by company Eason Qiu 3/6/ Discussion E. Qiu and T. Restrepo (both OPP) related to preparations for summary of assets and liabilities for each subsidiary of the company. Tatiana Restrepo 3/6/ Discussion E. Qiu and T. Restrepo (both OPP) related to preparations for summary of assets and liabilities for each subsidiary of the company. Shannon Hofner 3/6/ Preparation of revised accounts receivable information for incorporation in Schedules Shannon Hofner 3/6/ Preparation of updates to pre-paid information for incorporation in Schedules Scott Anchin 3/6/ Meeting S. Anchin and S. Hofner (both OPP) and A. Whitton (VNR) to discuss A/R balances and compressor leases for Schedules Shannon Hofner 3/6/ Meeting S. Anchin and S. Hofner (both OPP) and A. Whitton (VNR) to discuss A/R balances and compressor leases for Schedules Tatiana Restrepo 3/6/ Create template and review the summary of assets and liabilities for purposes of the SOALs. Shannon Hofner 3/6/ Follow-up discussion S. Anchin and S. Hofner (both OPP) to discuss outstanding items, next steps, and related timelines Scott Anchin 3/6/ Follow-up discussion S. Anchin and S. Hofner (both OPP) to discuss outstanding items, next steps, and related timelines. Scott Anchin 3/6/ Meeting S. Anchin, T. Restrepo, S. Hofner (all OPP) to discuss revisions to accounts receivable for incorporation in Schedules Shannon Hofner 3/6/ Meeting S. Anchin, T. Restrepo, S. Hofner (all OPP) to discuss revisions to accounts receivable for incorporation in Schedules Tatiana Restrepo 3/6/ Meeting S. Anchin, T. Restrepo, S. Hofner (all OPP) to discuss revisions to accounts receivable for incorporation in Schedules

155 Case Document Filed in TXSB on 06/30/17 Page 115 of 133 Statements & Schedules Shannon Hofner 3/6/ Preparation of master updated SOFA and Schedule templates and forwarded to J. Karotkin (PC) to generate next Schedule and SOFA drafts Shannon Hofner 3/6/ Review of new asset data received for incorporation in schedules Shannon Hofner 3/6/ Preparation of outstanding items list related to SOFAs for further research Shannon Hofner 3/6/ Preparation of Revenue from Operations and Non-Operating revenues for incorporation in SOFAs Shannon Hofner 3/6/ Preparation of documentation for meeting with R. Midgett (VNR) to review SOFAs and Schedules Shannon Hofner 3/6/ Preparation of updates to selected templates for incorporation in SOFAs and Schedules Shannon Hofner 3/6/ Update SOFA/Schedule notes Tatiana Restrepo 3/6/ Continue to work on the accounts receivable reconciliation that is to be used in the SOFAs. Tatiana Restrepo 3/6/ Work on the accounts receivable reconciliation that is to be used in the SOALs. Scott Anchin 3/6/ Discussion S. Anchin, S. Hofner (both OPP) and R. Midgett (VNR) to review Schedules and SOFAs for Vanguard Operating Shannon Hofner 3/6/ Discussion S. Anchin, S. Hofner (both OPP) and R. Midgett (VNR) to review Schedules and SOFAs for Vanguard Operating Eason Qiu 3/6/ Prepare hard copies of SOFAs and Schedules for team review. Eason Qiu 3/6/ Summarize assets and liabilities for all entities of the company. Eason Qiu 3/7/ Discussion E. Qiu and S. Hofner (both OPP) related to preparations for Schedule G. Shannon Hofner 3/7/ Discussion E. Qiu and S. Hofner (both OPP) related to preparations for Schedule G. Scott Anchin 3/7/ Discussion S. Anchin and S. Hofner (both OPP) of additional updates to prepaid items for incorporation in Schedules Shannon Hofner 3/7/ Discussion S. Anchin and S. Hofner (both OPP) of additional updates to prepaid items for incorporation in Schedules Scott Anchin 3/7/ Discussion S. Anchin and S. Hofner (both OPP) regarding status of Schedule and SOFAs and open items Shannon Hofner 3/7/ Discussion S. Anchin and S. Hofner (both OPP) regarding status of Schedule and SOFAs and open items Scott Anchin 3/7/ Meeting S. Anchin, S. Hofner (both OPP) and Britt Pence (VNR) regarding compressors and plants to incorporate in asset schedules Shannon Hofner 3/7/ Meeting S. Anchin, S. Hofner (both OPP) and Britt Pence (VNR) regarding compressors and plants to incorporate in asset schedules Shannon Hofner 3/7/ Meeting with P. Avila-Eady (VNR) to discuss operating and non-operating revenue and other asset classes for incorporation in SOFAs and Schedules Shannon Hofner 3/7/ Preparation of updates to asset schedules related to plants. Shannon Hofner 3/7/ Follow-up related to outstanding Schedule/SOFA items Shannon Hofner 3/7/ Research of compressor data received from operations team for incorporation in asset Schedules Shannon Hofner 3/7/ Preparation of open items and related documentation to discuss with P. Avila- Eady (VNR) for completion of SOFAs and Schedules Shannon Hofner 3/7/ Preparation of updated templates related to revenues for incorporation in SOFAs Shannon Hofner 3/7/ Preparation of updates to asset schedules related to compressors Shannon Hofner 3/7/ Preparation of updated templates related to gifts, secured claims, unsecured claims, and executory contracts to update Schedules Scott Anchin 3/7/ Review draft of Schedules and Statements; prepare questions and edits

156 Case Document Filed in TXSB on 06/30/17 Page 116 of 133 Statements & Schedules Eason Qiu 3/7/ Populate compressor leases into a template for Schedule G Shannon Hofner 3/8/ Discussion E. Qiu and S. Hofner (both OPP) regarding research of compressor lease agreements for incorporation in Schedules Eason Qiu 3/8/ Discussion E. Qiu and S. Hofner (both OPP) regarding research of compressor lease agreements for incorporation in Schedules. Scott Anchin 3/8/ Discussion S. Anchin and S. Hofner (both OPP) regarding status of SOFAs and Schedules, open items, and timeline for review with counsel and company. Shannon Hofner 3/8/ Discussion S. Anchin and S. Hofner (both OPP) regarding status of SOFAs and Schedules, open items, and timeline for review with counsel and company. Shannon Hofner 3/8/ Preparation of updated asset templates for incorporation in Schedules. Shannon Hofner 3/8/ Review of updated financials to revise information for operating and nonoperating revenue. Shannon Hofner 3/8/ Preparation of contract files related to compressors to identify additional agreements to be included. Shannon Hofner 3/8/ Preparation of updates to draft Global Notes. Shannon Hofner 3/8/ Preparation of contract information related to compressor leases for incorporation in contract database and Schedule G Shannon Hofner 3/8/ Research of open executory contract items for incorporation in Schedules. Shannon Hofner 3/8/ Review of entity charts related to acquisitions to determine all other businesses to be incorporated in SOFA 25. Shannon Hofner 3/8/ Preparation of master executory contract listing to date for counsel and company review. Scott Anchin 3/8/ Review draft of Schedules and Statements; prepare comments and questions Shannon Hofner 3/8/ Preparation of updated templates for all SOFA and Schedule items to forward to J. Karotkin (PC) for generation of updated draft reports Shannon Hofner 3/8/ Preparation of executory contract database to prepare listing of agreements for review Eason Qiu 3/8/ Research compressor lease agreements for incorporation in Schedules. Shannon Hofner 3/9/ Preparation of information received to date and open items for research related to SOFA 25 Shannon Hofner 3/9/ Initial review and circulation of latest drafts of SOFAs/Schedules in preparation for discussion with counsel Shannon Hofner 3/9/ Incorporation of additional leased compressors into Schedule EF - unsecured claims Shannon Hofner 3/9/ Incorporation of additional leased compressors into Schedule G and executory contract database. Tatiana Restrepo 3/9/ Review and provide asset and liability summary to be used in used in statements. Shannon Hofner 3/9/ Update master contract listing for review and circulation Shannon Hofner 3/9/ Incorporation of additional litigation matters into SOFAs and Schedules Shannon Hofner 3/9/ Incorporation of updates into template for SOFA 25 Shannon Hofner 3/9/ Review of updated draft schedules to reconcile numbers to source files and review all related schedule attachments. Shannon Hofner 3/9/ Research of selected deposits in company accounting system for incorporation in Schedules Shannon Hofner 3/9/ Research related to compressor leases to incorporate into Schedules Eason Qiu 3/9/ Update summary of assets and liabilities for all entities of the company. Eason Qiu 3/9/ Research addresses for SOFA Part 13, Question 25.

157 Case Document Filed in TXSB on 06/30/17 Page 117 of 133 Statements & Schedules Scott Anchin 3/10/ Discussion S. Anchin, S. Hofner (both OPP) to discuss SOFA and Schedule review with counsel. Shannon Hofner 3/10/ Discussion S. Anchin, S. Hofner (both OPP) to discuss SOFA and Schedule review with counsel. Scott Anchin 3/10/ Discussion S. Anchin, S. Hofner (both OPP) regarding schedule revisions suggested by counsel and preparation of Schedule summary files to circulate to company. Shannon Hofner 3/10/ Discussion S. Anchin, S. Hofner (both OPP) regarding schedule revisions suggested by counsel and preparation of Schedule summary files to circulate to company. Shannon Hofner 3/10/ Discussion with J. Karotkin (PC) regarding updates to SOFA/Schedules and preparation of revised drafts. Shannon Hofner 3/10/ Review of Statement of Financial Affairs for Vanguard Operating. Scott Anchin 3/10/ Conference call S. Anchin, S Hofner (both OPP) with J. Grogan (PH) to discuss SOFAs and Schedules, Global Notes, and related timeline. Shannon Hofner 3/10/ Conference call S. Anchin, S Hofner (both OPP) with J. Grogan (PH) to discuss SOFAs and Schedules, Global Notes, and related timeline. Shannon Hofner 3/10/ Research of creditors related to surety bonds listed on Schedule H. Shannon Hofner 3/10/ Update Schedule EF to reflect creditors with related surety bonds. Shannon Hofner 3/10/ Preparation of updated executory contract master listing and Schedule summary files for circulation to company personnel. Scott Anchin 3/10/ Review draft of Schedules and Statements; prepare questions for counsel and changes to discuss Shannon Hofner 3/10/ Preparation of all SOFA/Schedule updates suggested by counsel. Shannon Hofner 3/11/ Download and initial review of updated Schedule and SOFA drafts and forwarded for review. Shannon Hofner 3/12/ Review of deposits included in Schedules and reconciled to trial balance accounts. Shannon Hofner 3/12/ Review of revised Schedules for Vanguard Operating, LLC Shannon Hofner 3/12/ Additional review of Schedule and SOFA drafts Eason Qiu 3/12/ Update summary of assets and liabilities for all entities of the company. Eason Qiu 3/13/ Discussion E. Qiu and S. Saleem (both OPP) related to updates for Schedule G. Samir Saleem 3/13/ Discussion E. Qiu and S. Saleem (both OPP) related to updates for Schedule G. Scott Anchin 3/13/ Discussion S. Hofner, S. Anchin (both OPP) to discuss SOFA and Schedule status and outstanding items Shannon Hofner 3/13/ Discussion S. Hofner, S. Anchin (both OPP) to discuss SOFA and Schedule status and outstanding items Scott Anchin 3/13/ Follow-up discussion S. Anchin and S. Hofner (both OPP) to discuss outstanding items related to SOFA and Schedule updates Shannon Hofner 3/13/ Follow-up discussion S. Anchin and S. Hofner (both OPP) to discuss outstanding items related to SOFA and Schedule updates Shannon Hofner 3/13/ Prepare updates to Insider Payments for incorporation in Statement of Financial Affairs Scott Anchin 3/13/ Calls with R. Midgett (VNR) to discuss Schedules and Statements Shannon Hofner 3/13/ Preparation of updates to selected templates for incorporation in SOFAs and Schedules Shannon Hofner 3/13/ Review of updated footnotes received to prepare for call with counsel Samir Saleem 3/13/ Meeting with Company to discuss open items on SOFAs & SOALs Global Notes.

158 Case Document Filed in TXSB on 06/30/17 Page 118 of 133 Statements & Schedules Shannon Hofner 3/13/ Preparation of updated to selected footnotes to incorporate in Global Notes Samir Saleem 3/13/ Update Schedule G for rejected contracts. Samir Saleem 3/13/ Meeting with S. Hofner (OPP) & S. Saleem (OPP) to review all updates made to SOFAs & SOALs. Shannon Hofner 3/13/ Meeting with S. Hofner (OPP) & S. Saleem (OPP) to review all updates made to SOFAs & SOALs. Shannon Hofner 3/13/ Preparation of updated deposit information for incorporation in Schedules. Scott Anchin 3/13/ Review draft of Schedules and Statements; prepare s to Company for review and internal s to discuss changes Shannon Hofner 3/13/ Conduct additional research to verify selected outstanding items in global notes and provided additional feedback to A. Bongartz (PH) Shannon Hofner 3/13/ Conference call S. Anchin, S Hofner (both OPP), J. Grogan, A. Bongartz, D. Newman (all PH) to discuss SOFAs and Schedules and related updates. Scott Anchin 3/13/ Conference call S. Anchin, S Hofner (both OPP), J. Grogan, A. Bongartz, D. Newman (all PH) to discuss SOFAs and Schedules and related updates. Shannon Hofner 3/13/ Preparation of updates related to litigation information for incorporation in Schedules. Shannon Hofner 3/13/ Conference call with A. Bongartz and James Grogan (both PH) to discuss changes to global notes and make further edits. Shannon Hofner 3/13/ Preparation of updated to selected SOFA and Schedule templates based on initial review by A. Bongartz (PH) Shannon Hofner 3/13/ Travel from Dallas to Houston. (50% of Travel time) Shannon Hofner 3/13/ Preparation of updated SOFA/Schedule templates incorporating all feedback from counsel to send to J. Karotkin (PC) to generate revised drafts Eason Qiu 3/13/ Update rejected contracts into Schedule G. Shannon Hofner 3/14/ Call with A. Bongartz (PH) to discuss Global Notes. Shannon Hofner 3/14/ Incorporation of new agreements received into contracts database Shannon Hofner 3/14/ Research and follow-up related to outstanding SOFA and Schedule items Samir Saleem 3/14/ Determine debt schedule numbers for SOFAs and SOALS. Samir Saleem 3/14/ Finalize Global Notes updates for environmental disclosures. Samir Saleem 3/14/ Meeting with S. Saleem (OPP), S. Hofner (OPP), and PC to discuss open items on SOFAs & SOALs. Shannon Hofner 3/14/ Meeting with S. Saleem (OPP), S. Hofner (OPP), and PC to discuss open items on SOFAs & SOALs. Samir Saleem 3/14/ Meeting with S. Saleem (OPP) and S. Hofner (OPP) to discuss updates to SOFAs and SOALs. Shannon Hofner 3/14/ Meeting with S. Saleem (OPP) and S. Hofner (OPP) to discuss updates to SOFAs and SOALs. Shannon Hofner 3/14/ Preparation of updates related to payments to insiders for incorporation in SOFAs Shannon Hofner 3/14/ Preparation of updated debt schedule for incorporation in Schedules D and EF Shannon Hofner 3/14/ Review of selected Schedule and SOFA drafts to identify additional updates. Scott Anchin 3/14/ Prepare revisions to debt schedule; prepare internal regarding changes to Schedules and Statements Scott Anchin 3/14/ Review and respond to VNR s regarding payment to insiders; review changes to Schedules and Statements Shannon Hofner 3/14/ Discussion with A. Bongartz (PH) regarding revised Global Notes and additional updates

159 Case Document Filed in TXSB on 06/30/17 Page 119 of 133 Statements & Schedules Shannon Hofner 3/14/ Preparation of updated templates for incorporation in next schedule drafts; forward to Prime Clerk for processing Shannon Hofner 3/14/ Review of updated Global Notes received from A. Bongartz (PH) Shannon Hofner 3/14/ Reconciliation of contracts database to master contract listing incorporated in schedules Scott Anchin 3/14/ Review changes to Schedules and Statements Shannon Hofner 3/14/ Review and incorporation of all executory contract edits received from L. Godfrey and R. Midgett (both VNR) Samir Saleem 3/14/ Review of latest draft of SOALs for all legal entities. Shannon Hofner 3/14/ Review of SOFA drafts and identified updates Eason Qiu 3/14/ Update summary of assets and liabilities for all entities of the company. Samir Saleem 3/14/ Review of latest draft of SOFAs for all legal entities. Shannon Hofner 3/14/ Review of Schedule drafts and identified updates Shannon Hofner 3/15/ Discussion E. Qiu and S. Hofner (both OPP) regarding updating Executive Summary related to Schedules with operating and non-operating revenue numbers Eason Qiu 3/15/ Discussion E. Qiu and S. Hofner (both OPP) regarding updating Executive Summary related to Schedules with operating and non-operating revenue numbers. Shannon Hofner 3/15/ Review of updated Global Notes to verify specified edits Shannon Hofner 3/15/ Follow-up discussions with J. Karotkin (PC) regarding additional Schedule updates for generation of revised drafts. Shannon Hofner 3/15/ Discussion S. Hofner and T. Restrepo (both OPP) regarding updating of executory contract listing for incorporation in Schedules and related follow-up Tatiana Restrepo 3/15/ Discussion S. Hofner and T. Restrepo (both OPP) regarding updating of executory contract listing for incorporation in Schedules and related follow-up Samir Saleem 3/15/ Discussion S. Saleem and S. Hofner (both OPP) regarding updates to SOFAs & Schedules and related timeline Shannon Hofner 3/15/ Discussion S. Saleem and S. Hofner (both OPP) regarding updates to SOFAs & Schedules and related timeline Shannon Hofner 3/15/ Discussion with A. Bongartz (PH) regarding schedule updates and clarification of outstanding schedule items Samir Saleem 3/15/ Meeting with the Company to discuss Escambia legal entity accounting. Shannon Hofner 3/15/ Preparation of edits to global notes per input from company and forward to A. Bongartz (PH) for updating Samir Saleem 3/15/ Preparation S. Saleem and S. Hofner (both OPP) of SOFA/Schedule information and supporting documentation for discussion with R. Robert and R. Midgett (both VNR) Shannon Hofner 3/15/ Preparation S. Saleem and S. Hofner (both OPP) of SOFA/Schedule information and supporting documentation for discussion with R. Robert and R. Midgett (both VNR) Samir Saleem 3/15/ Research Escambia accounting methodology for SOFAs & SOALs. Samir Saleem 3/15/ Review of additional executory contracts for Schedule G. Samir Saleem 3/15/ Review updated SOFAs & SOALs Global Notes based on meeting with Company. Shannon Hofner 3/15/ Preparation of additional creditors on Schedule EF and contract counterparties on Schedule G to incorporate in final Schedule drafts Shannon Hofner 3/15/ Preparation of updated Schedule templates and forward to J. Karotkin (PC) for preparation of final drafts of Schedules for review

160 Case Document Filed in TXSB on 06/30/17 Page 120 of 133 Statements & Schedules Shannon Hofner 3/15/ Incorporate information from Schedule G into master contracts database to track status of agreements Samir Saleem 3/15/ Analyze backup SOAL schedule for Eagle Rock Acquisition and provide updates. Samir Saleem 3/15/ Call S. Anchin, S. Saleem, and S. Hofner (all OPP) with R. Midgett and R. Robert (both VNR) to review and discuss Schedule and SOFA information for approval and sign-off Shannon Hofner 3/15/ Call S. Anchin, S. Saleem, and S. Hofner (all OPP) with R. Midgett and R. Robert (both VNR) to review and discuss Schedule and SOFA information for approval and sign-off Scott Anchin 3/15/ Call S. Anchin, S. Saleem, and S. Hofner (all OPP) with R. Midgett and R. Robert (both VNR) to review and discuss Schedule and SOFA information for approval and sign-off Shannon Hofner 3/15/ Incorporation of new agreements received into contracts database and Schedule G Shannon Hofner 3/15/ Preparation of Schedule updated to send to J. Karotkin (PC) for generation of updated drafts. Shannon Hofner 3/15/ Review of revised SOFA drafts received from Prime Clerk to verify requested updates Scott Anchin 3/15/ Revise Global Notes to Schedules and Statements Samir Saleem 3/15/ Update SOAL summary analysis for the Company. Shannon Hofner 3/15/ Preparation of updates to Schedule D and Schedule EF related to additional notice parties for incorporation in schedules Shannon Hofner 3/15/ Review of additional contract files received and incorporate into Schedule G and contracts database Tatiana Restrepo 3/15/ Review latest version of some Schedules and Statements against source data. Shannon Hofner 3/15/ Review of revised Schedule drafts to verify incorporation of updates Scott Anchin 3/15/ Review Schedules and Statements, prepare changes and internal s to Company to review Samir Saleem 3/15/ Review of latest draft of SOALs for all legal entities. Eason Qiu 3/15/ Populate revenue information into summary of assets and liabilities. Shannon Hofner 3/16/ Communication with J. Karotkin (PC) to discuss additional edits to Schedules and SOFAs prior to generating next drafts Shannon Hofner 3/16/ Discussion with A. Bongartz (PH) regarding additional updates to SOFAs and Schedules Shannon Hofner 3/16/ Verification of SOFA updates prior to filing Shannon Hofner 3/16/ Verification of Schedule updates prior to filing Shannon Hofner 3/16/ Identification of additional edits to SOFAs and forward to J. Karotkin (PC) Shannon Hofner 3/16/ Continue review of additional SOFA drafts received to verify updates Shannon Hofner 3/16/ Preparation of schedule/sofa information to respond to UCC data request; forward to S. Saleem (OPP) for review. Shannon Hofner 3/16/ Reconciliation of new contracts received to Schedule G and preparation of updates to executory contract list Samir Saleem 3/16/ Continue final review of SOFAs for all entities before filing with Court. Scott Anchin 3/16/ Review changes to Schedules and Statements; prepare to Company to discuss changes and for final sign-off; discuss filing with counsel Shannon Hofner 3/16/ Review of revised Schedule drafts; identification of additional edits and forward to J. Karotkin (PC) Samir Saleem 3/16/ Final review of SOALs for all entities before filing with Court.

161 Case Document Filed in TXSB on 06/30/17 Page 121 of 133 Statements & Schedules Shannon Hofner 3/17/ Preparation of master schedule data related to secured, priority unsecured, and general unsecured claims for incorporation in claims database and creation of schedule ids for matching scheduled items to filed claims. Tatiana Restrepo 3/20/ Review and respond to s regarding the schedules and statements, including obtaining original signed versions to mail to counsel. Shannon Hofner 3/20/ Download and review of Schedules and Statements from docket to respond to creditor inquiries. Shannon Hofner 3/21/ Research of selected asset reconciliations used for incorporation in Bankruptcy Schedules. Shannon Hofner 3/21/ Identification of duplicates in executory contract list; updating of master executory contract database for assignment/rejection process. Shannon Hofner 3/21/ Preparation of backup documentation related to all SOFA and Schedule items to respond to creditor inquiries Samir Saleem 3/28/ Research answers to SOFA & SOAL due diligence questions list from FTI. Scott Anchin 4/11/ Call with S. Hofner, S. Anchin (both OPP) to discuss amending schedules and statements Shannon Hofner 4/11/ Call with S. Hofner, S. Anchin (both OPP) to discuss amending schedules and statements. Samir Saleem 4/12/ Review updated SOAL for revised filing later this week. Scott Anchin 4/12/ Discussions S. Anchin, S. Hofner (both OPP) and coordination regarding filing of amended schedules for Vanguard Operating Scott Anchin 4/12/ Review amended Schedules and Statements; participate on call with R. Robert (VNR) to discuss changes. Prepare s to R. Robert (VNR) and Paul Hastings to discuss review and amended filing. Shannon Hofner 4/12/ Coordination and follow-up with J. Karotkin (PC) regarding filing of Schedule Amendment and noticing of additional creditors. Shannon Hofner 4/12/ Discussions S. Anchin, S. Hofner (both OPP) and coordination regarding filing of amended schedules for Vanguard Operating. Shannon Hofner 4/12/ Review and finalization of creditors with royalty payments in suspense to forward to J. Karotkin (PC) for preparation of Schedule Amendment Shannon Hofner 4/12/ Review of Amended Schedule F received from Prime Clerk; preparation of updates to source data and forwarded edits for generation of revised Schedule Shannon Hofner 4/12/ Review of claims database to verify incorporation of all claims received by the company and identification/coding of additional claims for objection. Shannon Hofner 4/13/ Review of Amended Schedule received for Vanguard Operating; verification of data and reconciliation of numbers to initial filed schedule; forward to counsel for review and filing Total 418.7

162 Case Document Filed in TXSB on 06/30/17 Page 122 of 133 Travel Shannon Hofner 2/3/ Return travel from Houston to Dallas (50% of travel time). Samir Saleem 2/3/ Travel from HOUSTON, TX to NY, NY (reflects 50% of time incurred). Scott Anchin 2/3/ % of travel time from Houston to Westchester, NY Shannon Hofner 2/6/ Travel from Dallas to Houston (50% of travel time). Samir Saleem 2/6/ Travel from NY, NY to HOUSTON, TX (reflects 50% of time incurred). Shannon Hofner 2/9/ Return travel from Houston to Dallas (50% of travel time). Samir Saleem 2/10/ Travel from HOUSTON, TX to LA, CA (reflects 50% of time incurred). Shannon Hofner 2/13/ Travel from Dallas to Houston (50% of travel time). Samir Saleem 2/13/ Travel from LA, CA to HOUSTON, TX (reflects 50% of time incurred). Scott Anchin 2/14/ % of travel time from NY to Houston Shannon Hofner 2/16/ Return travel from Houston to Dallas (50% of travel time). Samir Saleem 2/16/ Travel from HOUSTON, TX to NY, NY (reflects 50% of time incurred). Shannon Hofner 2/20/ Travel from Dallas to Houston (50% of travel time). Samir Saleem 2/21/ Travel from NY, NY to HOUSTON, TX (reflects 50% of time incurred). Samir Saleem 2/23/ Travel from HOUSTON, TX to NY, NY (reflects 50% of time incurred). Shannon Hofner 2/24/ Return travel from Houston to Dallas (50% of travel time). Shannon Hofner 2/27/ Travel from Dallas to Houston (50% of travel time). Samir Saleem 2/27/ Travel from NY, NY to HOUSTON, TX (reflects 50% of time incurred). Scott Anchin 3/1/ % of Travel time from Houston to NYC Scott Anchin 3/1/ % of Travel time from NYC to Houston Samir Saleem 3/2/ Travel from HOUSTON, TX to NY, NY (reflects 50% of time incurred). Shannon Hofner 3/3/ Return travel from Houston to Dallas (50% of Travel time) Shannon Hofner 3/6/ Travel from Dallas to Houston (50% of Travel time) Scott Anchin 3/6/ % of Travel time from NYC to Houston Scott Anchin 3/8/ % of travel time from Houston to New York Shannon Hofner 3/9/ Return travel from Houston to Dallas. (50% of Travel time) Samir Saleem 3/13/ Travel from NY, NY to HOUSTON, TX (reflects 50% of time incurred). Samir Saleem 3/16/ Travel from HOUSTON, TX to SLC, UT (reflects 50% of time incurred). Shannon Hofner 3/17/ Return travel from Houston to Dallas. (50% of Travel time) Scott Anchin 3/19/ % of travel time from New York to Houston Samir Saleem 3/19/ Travel from SLC, UT to HOUSTON, TX (reflects 50% of time incurred). Scott Anchin 3/21/ % of travel time from Houston to NY Shannon Hofner 3/22/ Travel from Dallas to Houston. (50% of Travel time) Samir Saleem 3/22/ Travel from HOUSTON, TX to NY, NY (reflects 50% of time incurred). Shannon Hofner 3/24/ Return travel from Houston to Dallas. (50% of Travel time) Samir Saleem 3/27/ Travel from NY, NY to HOUSTON, TX (reflects 50% of time incurred). Samir Saleem 3/30/ Travel from HOUSTON, TX to NY, NY (reflects 50% of time incurred). Shannon Hofner 4/3/ Travel from Dallas to Houston. (50% of Travel Time) Shannon Hofner 4/6/ Return travel from Houston to Dallas. (50% of Travel Time) Samir Saleem 4/10/ Travel from NY, NY to HOUSTON, TX (reflects 50% of time incurred). Shannon Hofner 4/10/ Travel from Dallas to Houston. (50% of Travel Time) Scott Anchin 4/12/ % of time traveling from Florida to Houston, TX (via Atlanta) Samir Saleem 4/13/ Travel from HOUSTON, TX to NY, NY (reflects 50% of time incurred). Scott Anchin 4/13/ % of time traveling from Houston, TX to Florida Shannon Hofner 4/13/ Return travel from Houston to Dallas. (50% of Travel Time) Samir Saleem 4/17/ Travel from NY, NY to HOUSTON, TX (reflects 50% of time incurred). Shannon Hofner 4/18/ Travel from Dallas to Houston. (50% of Travel Time) Samir Saleem 4/20/ Travel from HOUSTON, TX to NY, NY (reflects 50% of time incurred). Shannon Hofner 4/21/ Return travel from Houston to Dallas. (50% of Travel Time) Samir Saleem 4/24/ Travel from NY, NY to HOUSTON, TX (reflects 50% of time incurred). Shannon Hofner 4/24/ Travel from Dallas to Houston. (50% of Travel Time)

163 Case Document Filed in TXSB on 06/30/17 Page 123 of 133 Travel Samir Saleem 4/27/ Travel from HOUSTON, TX to NY, NY (reflects 50% of time incurred). Scott Anchin 4/27/ % of travel time from NY to Houston Shannon Hofner 4/27/ Return travel from Houston to Dallas. (50% of Travel Time) Scott Anchin 4/28/ % of travel time from Houston to NY Total 134.4

164 Case Document Filed in TXSB on 06/30/17 Page 124 of 133 Summary of Expense Detail by Category Exhibit E Expense Category Service Providers Total Expenses Lodging Various $ 24, Transportation Various $ 33, Meals Various $ 4, Miscellaneous Various $ 1, Total $ 63,835.04

165 Case Document Filed in TXSB on 06/30/17 Page 125 of 133 Expense Detail by Category by Professional Exhibit F Lodging Professional Date Expense Expense Description Scott Anchin 2/3/2017 $ Marriott hotel in Houston for 2 nights from 2/1/2017 to 2/3/2017 Shannon Hofner 2/3/2017 $ Westin hotel in Houston for 2 nights from 2/1/2017 to 2/3/2017 Shannon Hofner 2/9/2017 $ Westin hotel in Houston for 3 nights from 2/6/2017 to 2/9/2017 Samir Saleem 2/10/2017 $ 1, Marriott hotel in Houston for 4 nights from 2/6/2017 to 2/10/2017 Shannon Hofner 2/16/2017 $ Westin hotel in Houston for 3 nights from 2/13/2017 to 2/16/2017 Samir Saleem 2/16/2017 $ 1, Marriott hotel in Houston for 3 nights from 2/13/2017 to 2/16/2017 Scott Anchin 2/17/2017 $ Marriott hotel in Houston for 1 night on 2/16/2017 Samir Saleem 2/23/2017 $ Marriott hotel in Houston for 2 nights from 2/21/2017 to 2/23/2017 Shannon Hofner 2/24/2017 $ 1, Westin hotel in Houston for 4 nights from 2/20/2017 to 2/24/2017 Samir Saleem 3/2/2017 $ 1, Marriott hotel in Houston for 3 nights from 2/27/17 to 3/2/17 Shannon Hofner 3/3/2017 $ 1, Westin hotel in Houston for 4 nights from 2/27/17 to 3/3/17 Scott Anchin 3/8/2017 $ Marriott hotel in Houston for 2 nights from 3/6/17 to 3/8/17 Shannon Hofner 3/9/2017 $ Westin hotel in Houston for 3 nights from 3/6/17 to 3/9/17 Samir Saleem 3/16/2017 $ Marriott hotel in Houston for 3 nights from 3/13/17 to 3/16/17 Shannon Hofner 3/17/2017 $ 1, Westin hotel in Houston for 3 nights from 3/13/17 to 3/16/17 Scott Anchin 3/21/2017 $ Marriott hotel in Houston for 2 nights from 3/19/17 to 3/21/17 Samir Saleem 3/22/2017 $ 1, Marriott hotel in Houston for 3 nights from 3/19/17 to 3/22/17 Shannon Hofner 3/24/2017 $ Westin hotel in Houston for 2 nights from 3/22/17 to 3/24/17 Samir Saleem 3/30/2017 $ Marriott hotel in Houston for 3 nights from 3/27/17 to 3/30/17 Shannon Hofner 4/3/2017 $ Westin hotel in Houston for 3 nights from 4/3/17 to 4/6/17 Shannon Hofner 4/13/2017 $ 1, Westin hotel in Houston for 3 nights from 4/10/17 to 4/13/17 Samir Saleem 4/13/2017 $ Marriott hotel in Houston for 3 nights from 4/10/17 to 4/13/17 Scott Anchin 4/13/2017 $ Marriott hotel in Houston for 1 night from 4/12/17 to 4/13/17 Shannon Hofner 4/18/2017 $ 1, Westin hotel in Houston for 3 nights from 4/18/17 to 4/21/17 Samir Saleem 4/20/2017 $ 1, Marriott hotel in Houston for 3 nights from 4/17/17 to 4/20/17 Samir Saleem 4/27/2017 $ Marriott hotel in Houston for 3 nights from 4/24/17 to 4/27/17 Shannon Hofner 4/27/2017 $ Westin hotel in Houston for 3 nights from 4/24/17 to 4/27/17 Scott Anchin 4/28/2017 $ Marriott hotel in Houston for 1 night from 4/27/17 to 4/28/17 Total Lodging $ 24, Transportation Professional Date Expense Expense Description Scott Anchin 2/3/2017 $ Return flight from IAH to LGA on 2/3/2017 Scott Anchin 2/6/2017 $ Outbound flight from LGA to IAH on 2/6/2017 Scott Anchin 2/6/2017 $ 5.00 Outbound flight change fee from LGA to IAH on 2/6/2017 Samir Saleem 2/6/2017 $ Outbound flight from NYC to IAH on 2/6/2017 Shannon Hofner 2/9/2017 $ Roundtrip flight from Dallas to Houston from 2/6/2017 to 2/9/2017 Samir Saleem 2/10/2017 $ Return flight from IAH to LAX on 2/10/2017 Samir Saleem 2/13/2017 $ Outbound flight from LAX to IAH on 2/13/2017 Scott Anchin 2/14/2017 $ Outbound flight from LGA to IAH on 2/14/2017 Shannon Hofner 2/16/2017 $ Roundtrip flight from Houston to Dallas from 2/13/2017 to 2/16/2017 Samir Saleem 2/16/2017 $ Return flight from IAH to NYC on 2/16/2017 Scott Anchin 2/17/2017 $ Return flight from IAH to LGA on 2/17/2017 Shannon Hofner 2/20/2017 $ Roundtrip flight from Dallas to Houston from 2/20/2017 to 2/24/2017 Samir Saleem 2/21/2017 $ Roundtrip flight from New York City to Houston from 2/21/2017 to 2/23/2017 Samir Saleem 2/27/2017 $ Roundtrip flight from New York City to Houston from 2/27/2017 to 3/2/2017 Shannon Hofner 2/27/2017 $ Roundtrip flight from Dallas to Houston from 2/27/2017 to 3/3/2017 Shannon Hofner 2/3/2017 $ Car rental in Houston for 3 days from 2/1/2017 to 2/3/2017 Shannon Hofner 2/3/2017 $ Taxi fare airport to home on 2/3/2017 Shannon Hofner 2/9/2017 $ Car rental in Houston for 4 days from 2/6/2017 to 2/9/2017 Shannon Hofner 2/16/2017 $ Car rental in Houston for 4 days from 2/13/2017 to 2/16/2017 Shannon Hofner 2/24/2017 $ Car rental in Houston for 5 days from 2/20/2017 to 2/24/2017 Scott Anchin 2/1/2017 $ 5.63 Taxi fare from hotel to VNR office on 2/1/2017 Scott Anchin 2/2/2017 $ 5.97 Taxi fare from hotel to VNR office on 2/2/2017 Scott Anchin 2/3/2017 $ 5.27 Taxi fare from hotel to VNR office on 2/3/2017

166 Case Document Filed in TXSB on 06/30/17 Page 126 of 133 Expense Detail by Category by Professional Exhibit F Scott Anchin 2/3/2017 $ Taxi fare from LGA airport to Westchester on 2/3/2017 Shannon Hofner 2/6/2017 $ 9.41 Taxi fare from home to Dallas airport on 2/6/2017 Samir Saleem 2/6/2017 $ Taxi fare from home to NYC airport on 2/6/2017 Samir Saleem 2/6/2017 $ 6.90 Taxi fare from Houston airport to hotel on 2/6/2017 Samir Saleem 2/6/2017 $ Taxi fare from hotel to client site on 2/6/2017 Samir Saleem 2/7/2017 $ 7.10 Taxi fare from client site to hotel on 2/7/2017 Samir Saleem 2/7/2017 $ Taxi fare from hotel to client site on 2/7/2017 Samir Saleem 2/8/2017 $ 9.36 Taxi fare from hotel to client site on 2/8/2017 Samir Saleem 2/8/2017 $ 7.10 Taxi fare from client site to hotel on 2/8/2017 Samir Saleem 2/9/2017 $ 8.80 Taxi fare from hotel to client site on 2/9/2017 Samir Saleem 2/9/2017 $ Taxi fare from client site to dinner place on 2/9/2017 Shannon Hofner 2/9/2017 $ Taxi fare from Dallas airport to home on 2/9/2017 Samir Saleem 2/9/2017 $ Taxi fare from dinner place to hotel on 2/9/2017 Samir Saleem 2/10/2017 $ Taxi fare from client site to Houston airport on 2/10/2017 Samir Saleem 2/10/2017 $ Taxi fare from New York airport to office on 2/10/2017 Shannon Hofner 2/13/2017 $ 9.33 Taxi fare from home to Dallas airport on 2/13/2017 Samir Saleem 2/13/2017 $ Taxi fare from office to New York airport on 2/13/2017 Samir Saleem 2/13/2017 $ 6.44 Taxi fare from client site to hotel on 2/13/2017 Samir Saleem 2/13/2017 $ Taxi fare from Houston airport to client site on 2/13/2017 Samir Saleem 2/14/2017 $ 9.50 Taxi fare from hotel to client site on 2/14/2017 Samir Saleem 2/14/2017 $ 9.90 Taxi fare from client site to hotel on 2/14/2017 Scott Anchin 2/14/2017 $ Taxi fare from Houston airport to hotel on 2/14/2017 Scott Anchin 2/14/2017 $ Taxi fare from home to NYC airport on 2/14/2017 Scott Anchin 2/15/2017 $ Taxi fare from hotel to VNR office on 2/15/2017 Samir Saleem 2/15/2017 $ Taxi fare from hotel to OPP office on 2/15/2017 Samir Saleem 2/15/2017 $ Taxi fare from OPP office to hotel on 2/15/2017 Samir Saleem 2/16/2017 $ 8.10 Taxi fare from hotel to client site on 2/16/2017 Samir Saleem 2/16/2017 $ Taxi fare from OPP office to Houston airport on 2/16/2017 Samir Saleem 2/16/2017 $ Taxi fare from New York airport to office on 2/16/2017 Shannon Hofner 2/16/2017 $ Taxi fare from Dallas airport to home on 2/16/2017 Shannon Hofner 2/20/2017 $ 9.97 Taxi fare from home to Dallas airport on 2/20/2017 Samir Saleem 2/21/2017 $ Taxi fare from home to New York airport on 2/21/2017 Samir Saleem 2/21/2017 $ Taxi fare from Houston airport to hotel on 2/21/2017 Samir Saleem 2/21/2017 $ Taxi fare from hotel to client site on 2/21/2017 Samir Saleem 2/22/2017 $ 9.50 Taxi fare from hotel to client site on 2/22/2017 Samir Saleem 2/22/2017 $ 9.80 Taxi fare from client site to hotel on 2/22/2017 Samir Saleem 2/23/2017 $ Taxi fare from hotel to client site on 2/23/2017 Samir Saleem 2/23/2017 $ Taxi fare from client site to Houston airport on 2/23/2017 Samir Saleem 2/23/2017 $ Taxi fare from New York airport to home on 2/23/2017 Shannon Hofner 2/24/2017 $ Taxi fare from Dallas airport to home on 2/24/2017 Scott Anchin 2/27/2017 $ Taxi fare from NYC to home on 2/27/2017 (after hour) Shannon Hofner 2/27/2017 $ 9.62 Taxi fare from home to Dallas airport on 2/27/2017 Samir Saleem 2/27/2017 $ Taxi fare from home to New York airport on 2/27/2017 Samir Saleem 2/27/2017 $ Taxi fare from Houston airport to client site on 2/27/2017 Samir Saleem 2/27/2017 $ 9.50 Taxi fare from client site to hotel on 2/27/2017 Samir Saleem 2/28/2017 $ 7.90 Taxi fare from hotel to client site on 2/27/2017 Samir Saleem 2/28/2017 $ 8.80 Taxi fare from client site to hotel on 2/27/2017 Scott Anchin 3/1/2017 $ 1, Roundtrip flight from LGA to IAH on 3/1/17 Scott Anchin 3/6/2017 $ Outbound flight from LGA to IAH on 3/6/2017 Shannon Hofner 3/6/2017 $ Roundtrip flight from Dallas to Houston from 3/6/17 to 3/9/17 Scott Anchin 3/8/2017 $ Return flight from IAH to LGA on 3/8/2017 Shannon Hofner 3/13/2017 $ Roundtrip flight from Dallas to Houston from 3/13/17 to 3/16/17 Samir Saleem 3/13/2017 $ Roundtrip flight from NYC to Houston from 3/13/17 to 3/22/17 Samir Saleem 3/16/2017 $ Return flight from Houston to Salt Lake City on 3/16/2017 Samir Saleem 3/19/2017 $ Outbound flight from Salt Lake City to Houston on 3/19/2017 Scott Anchin 3/19/2017 $ Outbound flight from EWR to IAH on 3/19/2017 Scott Anchin 3/20/2017 $ Return flight from IAH to LGA on 3/20/2017 Scott Anchin 3/21/2017 $ Flight change fee from 3/20/17 to 3/21/17 Shannon Hofner 3/22/2017 $ Roundtrip flight from Dallas to Houston from 3/22/17 to 3/24/17 Samir Saleem 3/27/2017 $ Roundtrip flight from NYC to Houston from 3/27/17 to 3/30/17

167 Case Document Filed in TXSB on 06/30/17 Page 127 of 133 Expense Detail by Category by Professional Exhibit F Shannon Hofner 3/3/2017 $ Car rental in Houston for 5 days from 2/27/17 to 3/3/17 Shannon Hofner 3/9/2017 $ Car rental in Houston for 4 days from 3/6/17 to 3/9/17 Shannon Hofner 3/17/2017 $ Car rental in Houston for 4 days from 3/13/17 to 3/16/17 Shannon Hofner 3/24/2017 $ Car rental in Houston for 3 days from 3/22/17 to 3/24/17 Samir Saleem 3/1/2017 $ Taxi fare from hotel to Opportune office on 3/1/17 Samir Saleem 3/1/2017 $ Taxi fare from Opportune office to hotel on 3/1/17 Scott Anchin 3/1/2017 $ Taxi fare from home to LGA airport on 3/1/17 Scott Anchin 3/1/2017 $ Taxi fare from IAH to the bankruptcy court on 3/1/17 Scott Anchin 3/1/2017 $ Taxi fare from LGA to home on 3/1/17 Scott Anchin 3/1/2017 $ Taxi fare from the bankruptcy court to IAH on 3/1/17 Samir Saleem 3/2/2017 $ 9.50 Taxi fare from hotel to client site on 3/2/17 Samir Saleem 3/2/2017 $ Taxi fare from client site to Houston airport on 3/2/17 Samir Saleem 3/2/2017 $ Taxi fare from NYC airport to home on 3/2/17 Shannon Hofner 3/3/2017 $ Taxi fare from Dallas airport to home on 3/3/17 Scott Anchin 3/6/2017 $ Taxi fare from home to LGA airport on 3/6/17 Scott Anchin 3/6/2017 $ Taxi fare from IAH to client site on 3/6/17 Scott Anchin 3/6/2017 $ Taxi fare from dinner place to hotel on 3/6/17 Scott Anchin 3/6/2017 $ Taxi fare from hotel to dinner place on 3/6/17 Scott Anchin 3/6/2017 $ 5.67 Taxi fare from client site to hotel on 3/6/17 Shannon Hofner 3/6/2017 $ Taxi fare from home to Dallas airport on 3/6/17 Scott Anchin 3/7/2017 $ 5.58 Taxi fare from hotel to client site on 3/7/17 Scott Anchin 3/7/2017 $ 5.62 Taxi fare from client site to hotel on 3/7/17 Scott Anchin 3/8/2017 $ 5.56 Taxi fare from hotel to client site on 3/8/17 Scott Anchin 3/8/2017 $ Taxi fare from client site to IAH on 3/8/17 Scott Anchin 3/8/2017 $ Taxi fare from LGA to home on 3/8/17 Shannon Hofner 3/9/2017 $ Taxi fare from Dallas airport to home on 3/9/17 Shannon Hofner 3/13/2017 $ Taxi fare from home to Dallas airport on 3/13/17 Samir Saleem 3/13/2017 $ Taxi fare from home to NYC airport on 3/13/17 Samir Saleem 3/13/2017 $ 9.80 Taxi fare from client site to hotel on 3/13/17 Samir Saleem 3/13/2017 $ Taxi fare from Houston airport to client site on 3/13/17 Samir Saleem 3/14/2017 $ Taxi fare from hotel to client site on 3/14/17 Samir Saleem 3/14/2017 $ 9.80 Taxi fare from client site to hotel on 3/14/17 Samir Saleem 3/15/2017 $ Taxi fare from hotel to client site on 3/15/17 Samir Saleem 3/15/2017 $ Taxi fare from client site to hotel on 3/15/17 Samir Saleem 3/16/2017 $ Taxi fare from hotel to client site on 3/16/17 Samir Saleem 3/16/2017 $ Taxi fare from client site to Houston airport on 3/16/17 Samir Saleem 3/16/2017 $ Taxi fare from Salk Lake City airport to Hotel on 3/16/17 Shannon Hofner 3/17/2017 $ Taxi fare from Dallas airport to home on 3/17/17 Scott Anchin 3/19/2017 $ Taxi fare from home to Newark airport on 3/19/17 Scott Anchin 3/19/2017 $ Taxi fare from Houston airport to hotel on 3/19/17 Samir Saleem 3/19/2017 $ Taxi fare from hotel to Salt Lake City airport on 3/19/17 Samir Saleem 3/19/2017 $ Taxi fare from Houston airport to hotel on 3/19/17 Samir Saleem 3/20/2017 $ Taxi fare from hotel to client site on 3/20/17 Samir Saleem 3/20/2017 $ 9.20 Taxi fare from client site to hotel on 3/20/17 Scott Anchin 3/20/2017 $ 9.46 Taxi fare from hotel to client site on 3/20/17 Scott Anchin 3/20/2017 $ Taxi fare from client site to a meeting on 3/20/17 Scott Anchin 3/21/2017 $ 7.90 Taxi fare from hotel to client site on 3/21/17 Scott Anchin 3/21/2017 $ Taxi fare from LGA to home on 3/21/17 Scott Anchin 3/21/2017 $ Taxi fare from client site to Houston airport on 3/21/17 Scott Anchin 3/21/2017 $ Taxi fare from client site to meet with FTI on 3/21/17 Samir Saleem 3/21/2017 $ Taxi fare from hotel to client site on 3/21/17 Samir Saleem 3/21/2017 $ 7.11 Taxi fare from client site to a meeting on 3/21/17 Samir Saleem 3/22/2017 $ Taxi fare from hotel to client site on 3/22/17 Samir Saleem 3/22/2017 $ Taxi fare from client site to Houston airport on 3/22/17 Samir Saleem 3/22/2017 $ Taxi fare from NYC airport to home on 3/22/17 Shannon Hofner 3/22/2017 $ Taxi fare from home to Dallas airport on 3/22/17 Shannon Hofner 3/24/2017 $ Taxi fare from Dallas airport to home on 3/24/17 Samir Saleem 3/27/2017 $ Taxi fare from Houston airport to client site on 3/27/17 Samir Saleem 3/27/2017 $ Taxi fare from home to NYC airport on 3/27/17 Samir Saleem 3/27/2017 $ Taxi fare from client site to hotel on 3/27/17

168 Case Document Filed in TXSB on 06/30/17 Page 128 of 133 Expense Detail by Category by Professional Exhibit F Scott Anchin 3/27/2017 $ Taxi fare from NYC office to home on 3/27/17 Samir Saleem 3/28/2017 $ 9.80 Taxi fare from hotel to client site on 3/28/17 Samir Saleem 3/28/2017 $ Taxi fare from client site to hotel on 3/28/17 Samir Saleem 3/29/2017 $ 9.38 Taxi fare from hotel to client site on 3/29/17 Samir Saleem 3/29/2017 $ 6.10 Taxi fare from client site to hotel on 3/29/17 Samir Saleem 3/30/2017 $ 9.20 Taxi fare from hotel to client site on 3/30/17 Samir Saleem 3/30/2017 $ Taxi fare from client site to Houston airport on 3/30/17 Samir Saleem 3/30/2017 $ Taxi fare from NYC airport to home on 3/30/17 Shannon Hofner 4/3/2017 $ Taxi fare from home to Dallas airport on 4/3/17 Shannon Hofner 4/3/2017 $ Roundtrip flight from Dallas to Houston from 4/3/17 to 4/6/17 Shannon Hofner 4/6/2017 $ Car rental in Houston for 4 days from 4/3/17 to 4/6/17 Shannon Hofner 4/6/2017 $ Taxi fare from Dallas airport to home on 4/6/17 Shannon Hofner 4/10/2017 $ Taxi fare from home to Dallas airport on 4/10/17 Samir Saleem 4/10/2017 $ Taxi fare from home to NYC airport on 4/10/17 Samir Saleem 4/10/2017 $ Taxi fare from Houston airport to Opportune on 4/10/17 Samir Saleem 4/10/2017 $ Taxi fare from Opportune to hotel in Houston on 4/10/17 Samir Saleem 4/10/2017 $ Taxi fare from hotel to dinner place on 4/10/17 Shannon Hofner 4/10/2017 $ Roundtrip flight from Dallas to Houston from 4/10/17 to 4/13/17 Samir Saleem 4/10/2017 $ 1, Roundtrip flight from NYC to Houston from 4/10/17 to 4/13/17 Samir Saleem 4/11/2017 $ 5.50 Taxi fare from client site to hotel on 4/11/17 Samir Saleem 4/11/2017 $ 9.30 Taxi fare from hotel to client site on 4/11/17 Samir Saleem 4/12/2017 $ 5.53 Taxi fare from hotel to client site on 4/12/17 Samir Saleem 4/12/2017 $ 8.80 Taxi fare from client site to hotel on 4/12/17 Scott Anchin 4/12/2017 $ Taxi fare from Houston airport to hotel on 4/12/17 Scott Anchin 4/12/2017 $ Taxi fare from home to PBI airport on 4/12/17 Scott Anchin 4/12/2017 $ Outbound flight from PBI to Houston on 4/12/17 Shannon Hofner 4/13/2017 $ Car rental in Houston for 4 days from 4/10/17 to 4/13/17 Scott Anchin 4/13/2017 $ Taxi fare from PH office to Houston airport on 4/13/17 Scott Anchin 4/13/2017 $ Taxi fare from FLL airport to home on 4/13/17 Shannon Hofner 4/13/2017 $ Taxi fare from Dallas airport to home on 4/13/17 Samir Saleem 4/13/2017 $ Taxi fare from hotel to client site on 4/13/17 Samir Saleem 4/13/2017 $ Taxi fare from client site to Houston airport on 4/13/17 Samir Saleem 4/13/2017 $ Taxi fare from NYC airport to home on 4/13/17 Scott Anchin 4/13/2017 $ Return flight from Houston to FLL on 4/13/17 Samir Saleem 4/17/2017 $ Taxi fare from home to NYC airport on 4/17/17 Samir Saleem 4/17/2017 $ Taxi fare from Houston airport to client site on 4/17/17 Samir Saleem 4/17/2017 $ Taxi fare from client site to dinner place on 4/17/17 Samir Saleem 4/17/2017 $ Taxi fare from dinner place to hotel on 4/17/17 Samir Saleem 4/17/2017 $ 1, Roundtrip flight from NYC to Houston from 4/17/17 to 4/20/17 Shannon Hofner 4/18/2017 $ Car rental in Houston for 4 days from 4/18/17 to 4/21/17 Samir Saleem 4/18/2017 $ Taxi fare from hotel to client site on 4/18/17 Samir Saleem 4/18/2017 $ Taxi fare from client site to dinner place on 4/18/17 Samir Saleem 4/18/2017 $ 9.82 Taxi fare from dinner place to hotel on 4/18/17 Shannon Hofner 4/18/2017 $ Taxi fare from home to Dallas airport on 4/18/17 Shannon Hofner 4/18/2017 $ Roundtrip flight from Dallas to Houston from 4/18/17 to 4/21/17 Samir Saleem 4/19/2017 $ Taxi fare from hotel to client site on 4/19/17 Samir Saleem 4/19/2017 $ Taxi fare from client site to hotel on 4/19/17 Samir Saleem 4/20/2017 $ 9.82 Taxi fare from hotel to client site on 4/20/17 Samir Saleem 4/20/2017 $ Taxi fare from client site to Houston airport on 4/20/17 Samir Saleem 4/20/2017 $ Taxi fare from NYC airport to home on 4/20/17 Shannon Hofner 4/21/2017 $ Taxi fare from Dallas airport to home on 4/21/17 Shannon Hofner 4/24/2017 $ Taxi fare from Dallas airport to home on 4/24/17 Samir Saleem 4/24/2017 $ Taxi fare from home to NYC airport on 4/24/17 Samir Saleem 4/24/2017 $ Taxi fare from Houston airport to client site on 4/24/17 Samir Saleem 4/24/2017 $ Taxi fare from client site to hotel on 4/24/17 Shannon Hofner 4/24/2017 $ Roundtrip flight from Dallas to Houston from 4/24/17 to 4/27/17 Samir Saleem 4/24/2017 $ Roundtrip flight from NYC to Houston from 4/24/17 to 4/27/17 Samir Saleem 4/25/2017 $ 7.78 Taxi fare from hotel to client site on 4/25/17 Samir Saleem 4/25/2017 $ Taxi fare from dinner place to hotel on 4/25/17 Samir Saleem 4/25/2017 $ Taxi fare from client site to dinner place on 4/25/17

169 Case Document Filed in TXSB on 06/30/17 Page 129 of 133 Expense Detail by Category by Professional Exhibit F Samir Saleem 4/26/2017 $ Taxi fare from hotel to client site on 4/26/17 Samir Saleem 4/26/2017 $ Taxi fare from client site to hotel on 4/26/17 Shannon Hofner 4/27/2017 $ Car rental in Houston for 4 days from 4/24/17 to 4/27/17 Samir Saleem 4/27/2017 $ Taxi fare from hotel to client site on 4/27/17 Samir Saleem 4/27/2017 $ Taxi fare from client site to Houston airport on 4/27/17 Samir Saleem 4/27/2017 $ Taxi fare from NYC airport to home on 4/27/17 Scott Anchin 4/27/2017 $ Taxi fare from Houston airport to client site on 4/27/17 Scott Anchin 4/27/2017 $ Taxi fare from home to NYC airport on 4/27/17 Shannon Hofner 4/27/2017 $ Taxi fare from home to Dallas airport on 4/27/17 Scott Anchin 4/27/2017 $ Roundtrip flight from NYC to Houston from 4/27/17 to 4/28/17 Samir Saleem 4/27/2017 $ Flight change fee Scott Anchin 4/28/2017 $ Taxi fare from NYC airport to home on 4/28/17 Scott Anchin 4/28/2017 $ Taxi fare from hotel to Houston airport on 4/28/17 Total Transportation $ 33,805.59

170 Case Document Filed in TXSB on 06/30/17 Page 130 of 133 Expense Detail by Category by Professional Exhibit F Meals Professional Date Expense Expense Description Scott Anchin 2/1/2017 $ Travel breakfast in Houston on 2/1/17 - S. Anchin Scott Anchin 2/1/2017 $ Working dinner in Houston on 2/1/ S. Anchin, S. Saleem, G. Sniezek, S. Hofner, T. Restrepo Scott Anchin 2/2/2017 $ Travel dinner in Houston on 2/2/17 - S. Anchin Shannon Hofner 2/2/2017 $ 3.26 Travel breakfast in Houston on 2/2/17 - S. Hofner Shannon Hofner 2/2/2017 $ Working dinner in Houston on 2/2/ S. Hofner, T. Restrepo Scott Anchin 2/3/2017 $ 7.72 Travel breakfast in Houston on 2/3/17 - S. Anchin Scott Anchin 2/3/2017 $ Working lunch in Houston on 2/3/17 - S. Anchin, VNR team Shannon Hofner 2/6/2017 $ Travel dinner in Houston on 2/6/17 - S. Hofner Samir Saleem 2/6/2017 $ Travel breakfast in Houston on 2/6/17 - S. Saleem Samir Saleem 2/6/2017 $ Travel dinner in Houston on 2/6/17 - S. Saleem, G. Sniezek Samir Saleem 2/7/2017 $ Travel breakfast in Houston on 2/7/17 - S. Saleem Samir Saleem 2/7/2017 $ Travel dinner in Houston on 2/7/17 - S. Saleem Shannon Hofner 2/7/2017 $ 3.26 Travel breakfast in Houston on 2/7/17 - S. Hofner Shannon Hofner 2/7/2017 $ Working dinner in Houston on 2/7/ S. Hofner, T. Restrepo Shannon Hofner 2/8/2017 $ Travel dinner in Houston on 2/8/17 - S. Hofner Shannon Hofner 2/8/2017 $ 3.26 Travel breakfast in Houston on 2/8/17 - S. Hofner Samir Saleem 2/8/2017 $ Travel breakfast in Houston on 2/8/17 - S. Saleem Samir Saleem 2/8/2017 $ Travel dinner in Houston on 2/8/17 - S. Saleem, T. Restrepo Samir Saleem 2/9/2017 $ Travel breakfast in Houston on 2/9/17 - S. Saleem Samir Saleem 2/9/2017 $ Travel dinner in Houston on 2/9/17 - S. Saleem Samir Saleem 2/10/2017 $ Travel breakfast in Houston on 2/10/17 - S. Saleem Shannon Hofner 2/13/2017 $ Travel dinner in Houston on 2/13/17 - S. Hofner Samir Saleem 2/13/2017 $ Travel breakfast in Houston on 2/13/17 - S. Saleem Samir Saleem 2/13/2017 $ Travel dinner in Houston on 2/13/17 - S. Saleem Samir Saleem 2/14/2017 $ Travel breakfast in Houston on 2/14/17 - S. Saleem Samir Saleem 2/14/2017 $ Travel dinner in Houston on 2/14/17 - S. Saleem Shannon Hofner 2/14/2017 $ Travel dinner in Houston on 2/14/17 - S. Hofner, G. Sniezek Shannon Hofner 2/14/2017 $ 3.00 Travel breakfast in Houston on 2/14/17 - S. Hofner Shannon Hofner 2/15/2017 $ Travel dinner in Houston on 2/15/17 - S. Hofner Shannon Hofner 2/15/2017 $ 5.26 Travel breakfast in Houston on 2/15/17 - S. Hofner Samir Saleem 2/15/2017 $ Travel breakfast in Houston on 2/15/17 - S. Saleem Samir Saleem 2/15/2017 $ Travel dinner in Houston on 2/15/17 - S. Saleem, T. Restrepo Samir Saleem 2/16/2017 $ Travel breakfast in Houston on 2/16/17 - S. Saleem Samir Saleem 2/16/2017 $ Travel dinner in Houston on 2/16/17 - S. Saleem Shannon Hofner 2/20/2017 $ Travel dinner in Houston on 2/20/17 - S. Hofner Shannon Hofner 2/21/2017 $ Travel dinner in Houston on 2/15/17 - S. Hofner Samir Saleem 2/21/2017 $ Travel breakfast in Houston on 2/21/17 - S. Saleem Samir Saleem 2/21/2017 $ Travel dinner in Houston on 2/21/17 - S. Saleem, G. Sniezek Samir Saleem 2/22/2017 $ Travel breakfast in Houston on 2/22/17 - S. Saleem Samir Saleem 2/22/2017 $ Travel dinner in Houston on 2/22/17 - S. Saleem Shannon Hofner 2/22/2017 $ 5.00 Travel breakfast in Houston on 2/22/17 - S. Hofner Shannon Hofner 2/22/2017 $ Working dinner in Houston on 2/22/ S. Hofner, T. Restrepo, G. Sniezek Shannon Hofner 2/23/2017 $ Travel dinner in Houston on 2/23/17 - S. Hofner Samir Saleem 2/23/2017 $ Travel breakfast in Houston on 2/23/17 - S. Saleem Samir Saleem 2/23/2017 $ Travel dinner in Houston on 2/23/17 - S. Saleem Shannon Hofner 2/24/2017 $ Travel dinner in Houston on 2/24/17 - S. Hofner Samir Saleem 2/27/2017 $ Travel breakfast in Houston on 2/27/17 - S. Saleem Samir Saleem 2/27/2017 $ Travel dinner in Houston on 2/27/17 - S. Saleem, G. Sniezek Samir Saleem 2/28/2017 $ Travel breakfast in Houston on 2/28/17 - S. Saleem Samir Saleem 2/28/2017 $ Travel dinner in Houston on 2/28/17 - S. Saleem Shannon Hofner 2/28/2017 $ 3.26 Travel breakfast in Houston on 2/28/17 - S. Hofner Shannon Hofner 2/28/2017 $ Travel dinner in Houston on 2/28/17 - S. Hofner Scott Anchin 3/1/2017 $ Travel dinner in Houston on 3/1/17 - S.Anchin Shannon Hofner 3/1/2017 $ Travel dinner in Houston on 3/1/17 - S.Hofner, G. Sneizek Samir Saleem 3/1/2017 $ Travel breakfast in Houston on 3/1/17 - S.Saleem Samir Saleem 3/1/2017 $ Travel dinner in Houston on 3/1/17 - S.Saleem

171 Case Document Filed in TXSB on 06/30/17 Page 131 of 133 Expense Detail by Category by Professional Exhibit F Samir Saleem 3/2/2017 $ Travel breakfast in Houston on 3/2/17 - S.Saleem Samir Saleem 3/2/2017 $ Travel dinner in Houston on 3/2/17 - S.Saleem Shannon Hofner 3/2/2017 $ 5.26 Travel breakfast in Houston on 3/2/17 - S.Hofner Shannon Hofner 3/2/2017 $ Travel dinner in Houston on 3/2/17 - S.Hofner Scott Anchin 3/6/2017 $ Work dinner in Houston on 3/6/17 - S.Anchin, G.Sneizek, T. Restrepo Shannon Hofner 3/6/2017 $ Travel dinner in Houston on 3/6/17 - S.Hofner Shannon Hofner 3/6/2017 $ 7.56 Travel breakfast in Houston on 3/6/17 - S.Hofner Shannon Hofner 3/7/2017 $ Travel dinner in Houston on 3/7/17 - S.Hofner Scott Anchin 3/7/2017 $ Travel dinner in Houston on 3/7/17 - S.Anchin, G. Sneizek Scott Anchin 3/8/2017 $ 4.52 Travel breakfast in Houston on 3/8/17 - S.Anchin Shannon Hofner 3/8/2017 $ 3.98 Travel breakfast in Houston on 3/8/17 - S.Hofner Shannon Hofner 3/8/2017 $ Travel dinner in Houston on 3/8/17 - S.Hofner, G. Sneizek Shannon Hofner 3/13/2017 $ Travel dinner in Houston on 3/13/17 - S.Hofner, T. Restrepo Shannon Hofner 3/13/2017 $ 3.55 Travel breakfast in Houston on 3/13/17 - S.Hofner Samir Saleem 3/13/2017 $ Travel breakfast in Houston on 3/13/17 - S.Saleem Samir Saleem 3/13/2017 $ Travel dinner in Houston on 3/13/17 - S.Saleem Samir Saleem 3/14/2017 $ Travel breakfast in Houston on 3/14/17 - S.Saleem Samir Saleem 3/14/2017 $ Travel dinner in Houston on 3/14/17 - S.Saleem, G. Sneizek, T. Restrepo Shannon Hofner 3/14/2017 $ 3.00 Travel breakfast in Houston on 3/14/17 - S.Hofner Samir Saleem 3/15/2017 $ Travel breakfast in Houston on 3/15/17 - S.Saleem Samir Saleem 3/15/2017 $ Travel dinner in Houston on 3/15/17 - S.Saleem Tatiana Restrepo 3/15/2017 $ Travel dinner in Houston on 3/15/17 - T.Restrepo, S.Saleem, S.Hofner Samir Saleem 3/16/2017 $ Travel breakfast in Houston on 3/16/17 - S.Saleem Samir Saleem 3/16/2017 $ Travel dinner in Houston on 3/16/17 - S.Saleem Shannon Hofner 3/16/2017 $ Travel dinner in Houston on 3/16/17 - S.Hofner, T. Restrepo Scott Anchin 3/19/2017 $ Travel dinner at Newark Airport on 3/19/17 - S.Anchin Samir Saleem 3/20/2017 $ Travel breakfast in Houston on 3/20/17 - S.Saleem Samir Saleem 3/20/2017 $ Travel dinner in Houston on 3/20/17 - S.Saleem, G. Sneizek Scott Anchin 3/21/2017 $ Travel dinner at Houston Airport on 3/21/17 - S.Anchin Samir Saleem 3/21/2017 $ Travel breakfast in Houston on 3/20/17 - S.Saleem Samir Saleem 3/21/2017 $ Travel dinner in Houston on 3/20/17 - S.Saleem Samir Saleem 3/22/2017 $ Travel breakfast in Houston on 3/20/17 - S.Saleem Samir Saleem 3/22/2017 $ Travel dinner in Houston on 3/20/17 - S.Saleem Shannon Hofner 3/23/2017 $ 3.26 Travel breakfast in Houston on 3/23/17 - S.Hofner Shannon Hofner 3/23/2017 $ Working dinner in Houston on 3/23/17 - S.Hofner, T.Restrepo, E.Qiu Shannon Hofner 3/23/2017 $ Working dinner in Houston on 3/23/17 - S.Hofner, T.Restrepo Samir Saleem 3/27/2017 $ Travel breakfast in Houston on 3/27/17 - S.Saleem Samir Saleem 3/27/2017 $ Travel dinner in Houston on 3/27/17 - S.Saleem, G. Sneizek Shannon Hofner 3/27/2017 $ Travel dinner in Houston on 3/27/17 - S. Hofner Scott Anchin 3/27/2017 $ Overtime dinner in NYC on 3/27/17 - S.Anchin Samir Saleem 3/28/2017 $ Travel breakfast in Houston on 3/28/17 - S.Saleem Samir Saleem 3/28/2017 $ Travel dinner in Houston on 3/28/17 - S.Saleem, T. Restrepo Samir Saleem 3/29/2017 $ Travel breakfast in Houston on 3/29/17 - S.Saleem Samir Saleem 3/29/2017 $ Travel dinner in Houston on 3/29/17 - S.Saleem, G. Sneizek Samir Saleem 3/30/2017 $ Travel breakfast in Houston on 3/30/17 - S.Saleem Samir Saleem 3/30/2017 $ Travel dinner in Houston on 3/30/17 - S.Saleem Shannon Hofner 4/3/2017 $ Travel dinner in Houston on 4/3/17 - S.Hofner Shannon Hofner 4/4/2017 $ Travel dinner in Houston on 4/4/17 - S.Hofner Shannon Hofner 4/5/2017 $ 5.70 Travel breakfast in Houston on 4/5/17 - S.Hofner Shannon Hofner 4/5/2017 $ Travel dinner in Houston on 4/5/17 - S.Hofner Shannon Hofner 4/6/2017 $ Travel dinner in Houston on 4/3/17 - S.Hofner Shannon Hofner 4/10/2017 $ Travel dinner in Houston on 4/3/17 - S.Hofner Samir Saleem 4/10/2017 $ Travel dinner in Houston on 4/10/17 - S.Saleem Samir Saleem 4/10/2017 $ Travel breakfast in Houston on 4/10/17 - S.Saleem Samir Saleem 4/11/2017 $ Travel breakfast in Houston on 4/11/17 - S.Saleem Samir Saleem 4/11/2017 $ Travel dinner in Houston on 4/11/17 - S.Saleem Shannon Hofner 4/11/2017 $ Travel dinner in Houston on 4/11/17 - S.Hofner Shannon Hofner 4/11/2017 $ 3.98 Travel breakfast in Houston on 4/11/17 - S.Hofner Shannon Hofner 4/12/2017 $ Travel dinner in Houston on 4/12/17 - S.Hofner Scott Anchin 4/12/2017 $ Travel dinner at Palm Beach airport on 4/12/17 - S.Anchin

172 Case Document Filed in TXSB on 06/30/17 Page 132 of 133 Expense Detail by Category by Professional Exhibit F Samir Saleem 4/12/2017 $ Travel breakfast in Houston on 4/12/17 - S.Saleem Samir Saleem 4/12/2017 $ Travel dinner in Houston on 4/12/17 - S.Saleem Samir Saleem 4/13/2017 $ Travel breakfast in Houston on 4/13/17 - S.Saleem Samir Saleem 4/13/2017 $ Travel dinner in Houston on 4/13/17 - S.Saleem Scott Anchin 4/13/2017 $ Travel dinner at Houston airport on 4/13/17 - S.Anchin Shannon Hofner 4/13/2017 $ 5.70 Travel breakfast in Houston on 4/13/17 - S.Hofner Scott Anchin 4/17/2017 $ Overtime dinner in NYC on 4/17/17 - S.Anchin Samir Saleem 4/17/2017 $ Travel breakfast in Houston on 4/17/17 - S.Saleem Samir Saleem 4/17/2017 $ Travel dinner in Houston on 4/17/17 - S.Saleem Samir Saleem 4/18/2017 $ Travel breakfast in Houston on 4/18/17 - S.Saleem Samir Saleem 4/18/2017 $ Travel dinner in Houston on 4/18/17 - S.Saleem, T. Restrepo Shannon Hofner 4/18/2017 $ Travel dinner in Houston on 4/18/17 - S.Hofner Shannon Hofner 4/19/2017 $ Travel dinner in Houston on 4/19/17 - S.Hofner, T. Restrepo Shannon Hofner 4/19/2017 $ 7.97 Travel breakfast in Houston on 4/19/17 - S.Hofner Samir Saleem 4/19/2017 $ Travel breakfast in Houston on 4/19/17 - S.Saleem Samir Saleem 4/19/2017 $ Travel dinner in Houston on 4/19/17 - S.Saleem Samir Saleem 4/20/2017 $ Travel breakfast in Houston on 4/20/17 - S.Saleem Samir Saleem 4/20/2017 $ Travel dinner in Houston on 4/20/17 - S.Saleem Shannon Hofner 4/20/2017 $ 3.00 Travel breakfast in Houston on 4/20/17 - S.Hofner Shannon Hofner 4/20/2017 $ Travel dinner in Houston on 4/20/17 - S.Hofner Shannon Hofner 4/24/2017 $ Travel dinner in Houston on 4/24/17 - S.Hofner Shannon Hofner 4/24/2017 $ Travel breakfast in Houston on 4/24/17 - S.Saleem Shannon Hofner 4/24/2017 $ Travel dinner in Houston on 4/24/17 - S.Saleem Shannon Hofner 4/25/2017 $ Travel breakfast in Houston on 4/25/17 - S.Saleem Shannon Hofner 4/25/2017 $ Travel dinner in Houston on 4/25/17 - S.Saleem Shannon Hofner 4/25/2017 $ Travel dinner in Houston on 4/25/17 - S.Hofner Shannon Hofner 4/26/2017 $ Travel dinner in Houston on 4/26/17 - S.Hofner Samir Saleem 4/26/2017 $ Travel breakfast in Houston on 4/26/17 - S.Saleem Samir Saleem 4/26/2017 $ Travel dinner in Houston on 4/26/17 - S.Saleem Samir Saleem 4/27/2017 $ Travel breakfast in Houston on 4/27/17 - S.Saleem Samir Saleem 4/27/2017 $ Travel dinner in Houston on 4/27/17 - S.Saleem Scott Anchin 4/27/2017 $ 7.98 Travel dinner at NYC airport on 4/27/17 - S.Anchin Scott Anchin 4/27/2017 $ Travel dinner in Houston on 4/27/17 - S.Anchin Shannon Hofner 4/27/2017 $ Travel breakfast in Houston on 4/27/17 - S.Hofner Scott Anchin 4/28/2017 $ 3.46 Travel dinner at Houston airport on 4/28/17 - S.Anchin Total Meals $ 4, Miscellaneous Professional Date Expense Expense Description Shannon Hofner 2/3/2017 $ Parking in Westin hotel in Houston from 2/1/2017 to 2/3/2017 Scott Anchin 2/3/2017 $ 9.99 Inflight internet charge for work on 2/3/2017 Shannon Hofner 2/9/2017 $ Parking in Westin hotel in Houston from 2/6/2017 to 2/9/2017 Scott Anchin 2/14/2017 $ Inflight internet charge for work on 2/14/2017 (multiple flights) Shannon Hofner 2/16/2017 $ Parking in Westin hotel in Houston from 2/13/2017 to 2/16/2017 Shannon Hofner 2/24/2017 $ Parking in Westin hotel in Houston from 2/20/2017 to 2/24/2017 Shannon Hofner 3/3/2017 $ Parking in Westin hotel in Houston from 2/27/17 to 3/3/17 Scott Anchin 3/8/2017 $ 9.99 Inflight internet charge for work on 3/8/17 Shannon Hofner 3/9/2017 $ Parking in Westin hotel in Houston from 3/6/17 to 3/9/17 Shannon Hofner 3/17/2017 $ Parking in Westin hotel in Houston from 3/13/17 to 3/16/17 Scott Anchin 3/19/2017 $ 9.99 Inflight internet charge for work on 3/19/17 Scott Anchin 3/21/2017 $ 9.99 Inflight internet charge for work on 3/21/17 Samir Saleem 3/22/2017 $ Inflight internet charge for work on 3/22/17 Shannon Hofner 3/24/2017 $ Parking in Westin hotel in Houston from 3/22/17 to 3/24/17 Samir Saleem 3/30/2017 $ Inflight internet charge for work on 3/30/17 Shannon Hofner 4/3/2017 $ Parking in Westin hotel in Houston from 4/3/17 to 4/6/17 Shannon Hofner 4/13/2017 $ Parking in Westin hotel in Houston from 4/10/17 to 4/13/17 Shannon Hofner 4/20/2017 $ Parking in Westin hotel in Houston from 4/18/17 to 4/21/17 Shannon Hofner 4/27/2017 $ Parking in Westin hotel in Houston from 4/24/17 to 4/27/17

173 Case Document Filed in TXSB on 06/30/17 Page 133 of 133 Expense Detail by Category by Professional Exhibit F Scott Anchin 4/28/2017 $ 9.99 In-flight wifi on 4/28/2017 flight Total Miscellaneous $ 1, Grand Total $ 63,835.04

174 Case Document Filed in TXSB on 06/30/17 Page 1 of 4 EXHIBIT 4 Prior Monthly Fee Statements

175 Case Document Filed in TXSB on 06/30/17 Page 2 of 4 OPPORTUNE LLP S MONTHLY FEE STATEMENT COVERING THE PERIOD FROM FEBRUARY 1, 2017 THROUGH FEBRUARY 28, 2017 Summary of Fee Statement Name of Professional: Opportune LLP Authorized to Provide Professional Services to: The Debtors and Debtors in Possession Date Order of Employment Signed: March 1, 2017 [Docket No. 282] Time Period Covered: February 1 28, 2017 Total Hours Expended: 1, Hourly Rates -- High: $ Low: $ Average: $ Retainer Amount Outstanding: $ 77, Total Fees Sought: $ 594, Less 20% Holdback: (118,837.50) Subtotal, Fees 475, Total Expenses Sought: $ 19, Total Amount Due $ 495, Payment Instruction Wire Transfer: Cadence Bank 1108 Hwy 182 East Starkville, MS ABA#: Account#: Account Name: Opportune LLP Please reference: Vanguard Natural Resources, LLC 711 Louisiana Street, Suite 3100 Houston, Texas Office: Fax: