Common use of Minimum Gross Production Clause in Contracts

Minimum Gross Production. As of the end of any Fiscal Quarter of Borrower, commencing with the Fiscal Quarter ending October 31, 2013, a daily average of gross production of Hydrocarbons (calculated at the wellhead on a barrel of oil equivalent basis, where 15 Mcf of natural gas is equal to one barrel of oil) from the Cook Inlet Oil and Gas Properties combined with the Tennessee Oil and Gas Properties during each such Fiscal Quarter of at least:

Minimum Gross Production. As of the end of any Fiscal Quarter of Borrower, commencing with the Fiscal Quarter ending October 31, 20132012, a daily average of gross production of Hydrocarbons (calculated at the wellhead point of sale on a barrel of oil equivalent basis, where 15 Mcf of natural gas is equal to one barrel of oil) from the Cook Xxxx Inlet Oil and Gas Properties combined with the Tennessee Oil and Gas Properties during each such Fiscal Quarter of at least:: Fiscal Quarter Ending: Minimum Level of Barrels October 31, 2012 1,500 January 31, 2013 1,700 April 30, 2013 1,900 July 31, 2013 2,100 October 31, 2013 2,200 January 31, 2014April 30, 2014July 31, 2014October 31, 2014, and thereafter 2,3002,4002,5002,600

Minimum Gross Production. As of the end of any Fiscal Quarter of Borrower, commencing with the Fiscal Quarter ending October 31, 2013, a daily average of gross production of Hydrocarbons (calculated at the wellhead on a barrel of oil equivalent basis, where 15 Mcf of natural gas is equal to one barrel of oil) from the Cook Xxxx Inlet Oil and Gas Properties combined with the Tennessee Oil and Gas Properties during each such Fiscal Quarter of is at least:: Fiscal Quarter Ending: Minimum Level of Barrels April 30, 2013 2,200 July 31, 2013 2,400 October 31, 2013 2,600 January 31, 2014 2,800 April 30, 2014, and thereafter 3,000."

Minimum Gross Production. As of the end of any Fiscal Quarter of Borrower, commencing with the Fiscal Quarter ending October 31April 30, 2013, a daily average of gross production of Hydrocarbons (calculated at the wellhead on a barrel of oil equivalent basis, where 15 Mcf of natural gas is equal to one barrel of oil) from the Cook Xxxx Inlet Oil and Gas Properties combined with the Tennessee Oil and Gas Properties during each such Fiscal Quarter of at least:: Fiscal Quarter Ending: Minimum Level April 30, 2013 1,500 July 31, 2013 1,900 October 31, 2013 2,100 January 31, 2014 2,200 April 30, 2014 2,300 July 31, 2014 2,400 October 31, 2014 2,500 January 31, 2015, and thereafter 2,600"

Minimum Gross Production. As of the end of any Fiscal Quarter of Borrower, commencing with the Fiscal Quarter ending October 31, 20132011, a daily average of gross production of Hydrocarbons (calculated at the wellhead point of sale on a barrel of oil equivalent basis, where 15 six Mcf of natural gas is equal to one barrel of oil) from the Cook Xxxx Inlet Oil and Gas Properties combined with the Tennessee Oil and Gas Properties during each such Fiscal Quarter of at least:: Fiscal Quarter Ending: Minimum Level of Barrels October 31, 2011 750 January 31, 2012 1,000 April 30, 2012 1,250 July 31, 2012 1,500 October 31, 2012 1,750 January 31, 2013, and thereafter 2,000

Minimum Gross Production. As of the end of any Fiscal Quarter of Borrower, commencing with the Fiscal Quarter ending October 31, 2013, a daily average of gross production of Hydrocarbons (calculated at the wellhead on a barrel of oil equivalent basis, where 15 Mcf of natural gas is equal to one barrel of oil) from the Cook Inlet Oil and Gas Properties combined with the Tennessee Oil and Gas Properties during each such Fiscal Quarter of at least:: Fiscal Quarter Ending Minimum Level October 31, 2013 2,100 January 31, 2014 3,000 April 30, 2014 3,500 July 31, 2014 4,000 October 31, 2014 and thereafter 4,500

Minimum Gross Production. As of the end of any Fiscal Quarter of Borrower, commencing with the Fiscal Quarter ending October 31, 2013, a daily average of gross production of Hydrocarbons (calculated at the wellhead on a barrel of oil equivalent basis, where 15 Mcf of natural gas is equal to one barrel of oil) from the Cook Inlet Oil and Gas Properties combined with the Tennessee Oil and Gas Properties during each such Fiscal Quarter of is at least:: Fiscal Quarter Ending: Minimum Level of Barrels April 30, 2013 2,200 July 31, 2013 2,400 October 31, 2013 2,600 January 31, 2014 2,800 April 30, 2014, and thereafter 3,000

Minimum Gross Production. As of the end of any Fiscal Quarter of Borrower, commencing with the Fiscal Quarter ending October 31, 2013, a daily average of gross production of Hydrocarbons (calculated at the wellhead point of sale on a barrel of oil equivalent basis, where 15 Mcf of natural gas is equal to one barrel of oil) from the Cook Xxxx Inlet Oil and Gas Properties combined with the Tennessee Oil and Gas Properties during each such Fiscal Quarter of is at least:: #PageNum# Fiscal Quarter Ending: Minimum Level of Barrels October 31, 2012 2,000 January 31, 2013 2,200 April 30, 2013 2,400 July 31, 2013 2,600 October 31, 2013 2,800 January 31, 2014, and thereafter 3,000