Crude Prices – Ergon Oil Purchasing – Appalachian Basin

Pennsylvania Grade Crude Oil (Legacy)

Effective Date	2013-06-18
Bulletin Number	13-116
Tier 1 Ohio/Pennsylvania/New York 150.00 plus net barrels of crude oil from one tank battery B.S.&W. 2% or less	$99.84
Tier 2 Ohio/Pennsylvania/New York 60.00-149.99 net barrels of crude oil from one tank battery	$96.84
Tier 3 Ohio/Pennsylvania/New York 30.00-59.99 net barrels of crude oil from one tank battery	$93.84
Tier 1 West Virginia 150.00 plus net barrels of crude oil from one tank battery B.S.&W. 2% or less	$98.34
Tier 2 West Virginia 60.00-149.99 net barrels of crude oil from one tank battery	$95.34
Tier 3 West Virginia 30.00-59.99 net barrels of crude oil from one tank battery	$92.34

Shale Production (Marcellus/Utica)

Effective Date	2013-06-18
Bulletin Number	13-116
Marcellus - Utica Medium 38.0-49.9 API Gravity 150 Plus net barrels of crude oil from one tank battery B.S.&W. 1% or less	$99.84
Marcellus - Utica Light 50.00-59.9 API Gravity 150 Plus net barrels of crude oil from one tank battery B.S.&W. 1% or less	$92.85
Marcellus - Utica Condensate (Formerly ALS) 60.0 API Gravity and above 150 Plus net barrels of crude oil from one tank battery B.S.&W. 1% or less Reid Vapor Pressure limited to a maximum of 12.5	$82.47

Effective 7:00 a.m., on the date(s) shown above, subject to change without notice, Ergon Oil Purchasing will pay to Producers the following prices per barrel of 42 U.S. gallons for merchantable oil delivered to its account, by its authorized receiving/transportation agents.

Effective April 1st, 2013 Ergon Oil Purchasing has changed their Crude Oil volume requirements and gravity ranges

Crude prices for Lion Oil Trading & Transportation, Inc. are located on the Lion Oil website.

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