CREST Engineering Services, Inc.

     Petroleum Evaluation and Reservoir Engineers




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Standard Billing Rates

as of January 1, 2011

Senior Petroleum Engineer                            $200 per hour (4 hour min)

Staff Petroleum Engineer                                $150 per hour (4 hour min)

Engineering Tech                                              $65 per hour (4 hour min)  

  Expenses                                                           Cost + 10% carrying charge        

Engineering projects are billed on a time and materials basis bi-monthly with payment due within 15 days.  a 1.5% per month service charge is added to all past due outstanding balances.

Engineering Services to support litigation are billed at $300 per hour invoiced monthly with payment due within 30 days.  Staff Engineering services are billed at $200 per hour.