Carbon Energy's Customers Performance

CRBO

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CRBO's Source of Revenues		During the corresponding time, Carbon Energy Corp saw a revenue deteriorated by -89.1 % year on year, sequentially revenue fell by -88.31 %. While revenue at the Carbon Energy Corp's corporate clients • List of CRBO Customers

for the same period Carbon Energy Corp revnue deteriorated by -89.1 % year on year, sequentially revenue fell by -88.31 %.

• List of CRBO Customers

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Carbon Energy's Comment on Sales, Marketing and Customers

Our oil and natural gas production is generally sold on a month-to-month basis in the spot market, priced in reference to published indices. We believe that the loss of one or more of our purchasers would not have a material adverse effect on our ability to sell our production, because any individual purchaser could be readily replaced by another purchaser, absent a broad market disruption.