O'Keefe Drilling Bid Agreement with Grant Hartford Corporation for RC and Core Drilling Services near Garnet, MT

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Summary

O'Keefe Drilling submitted a bid to Grant Hartford Corporation to provide reverse circulation (RC) and core drilling services near Garnet, Montana. The agreement outlines pricing per foot for various drilling depths and methods, as well as hourly rates for specialized drilling and additional services such as mobilization, standby, and equipment use. The bid covers approximately 20 holes with less than 5 acres disturbed and is valid through March 31, 2008. Both parties are responsible for costs as specified, including materials and per diem for crew members.

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EX-10.12 25 okeefebid.htm O'KEEFE DIRLLING BID

O'KEEFE DRILLING

P.O. Box 3810
Butte, Mt 59702
Office: (406) 494-3310
Fax: (406) 494-3301
***@***

6-Mar-08

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

Attention:

Aaron Charlton

 

 

Subject:

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

 

HAMMER DRILLING RATE

0' to 400'

Vertical

 

$

11.00

Per foot

 

400' to 800'

Vertical

 

$

14.00

Per foot

 

 

 

 

 

 

 

 

0' to 800'

Angle

 

$

12.00

Per foot

 

800' to 1200'

Angle

 

$

15.00

Per foot

 

 

 

 

 

 

 

TRICONE DRILLING & CENTER RETURN HAMMER DRILLING

 

$

375.00

Per Hour
Plus Bits

 

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

 

 

 

 

 

 

 

 

 

 

MOBILIZATION/DEMOBILIZATION-from Butte & Back

 

$

2,000.00

TOTAL

5 1/2" Hammer Bits

 

 

 

$

605.00

PER BIT

5 1/8" Tricone Button bits

 

 

 

$

1,337.50

PER BIT

Moving between holes

First one-half hour

 

 

 

No Charge

 

 

After one-half hour

 

 

$

195.00

per hour

Standby

 

 

 

$

195.00

per hour

Hauling Water

 

 

 

$

195.00

per hour

Setting Casing Past The First 15 Feet

 

 

$

375.00

per hour

Casing or Other Materials used to Advance Hole

 

 

 

 

At Cost

 

Lost Steel

 

 

 

At Cost

 

Per Diem    (three man crew)

 

 

 

$

85.00

Per Day
Per Man

Booster, if needed

 

 

 

$

450.00

per day

 

 

 

or

$

5,500.00

per month

This bid is valid through 3/31/08

 

Thank You,
Robert E. Chamberlin, Drill Superintendent