EQUAL ENERGY LTD

CUSIP: 29390Q109 Class: CMN

Welch Group, LLC's Holding History (CIK: 0001443095)

Note: Option positions (PUT/CALL) are excluded.

Q4 2013
Shares 52,977 Value ($000) $283 Avg Close — Range —
Q3 2013
Shares 52,977 Value ($000) $250 Avg Close — Range —
Q2 2013
Shares 53,621 Value ($000) $217 Avg Close — Range —