Contract
Purchase
and Sale Agreement
By and Between
EXCO Resources, Inc.
as Seller
and
Petroleum Development Corporation
as Buyer
Dated Effective October 1, 2006
EXHIBIT LIST
EXHIBIT A-1 Leases
EXHIBIT A-2 Easements and Rights-of-Way
EXHIBIT B Xxxxx/WI/NRI/Allocated Values
EXHIBIT C Material Agreements
EXHIBIT D Surface Use Agreements
EXHIBIT E Plugging and Abandonment Obligations
EXHIBIT F List of AFEs and Invoices
EXHIBIT G Assignment, Xxxx of Sale and Conveyance
EXHIBIT H Buyer's Certificate
EXHIBIT I Seller's Certificate
EXHIBIT J FIRPTA Certificate
EXHIBIT K Bonds, etc. to be Replaced at Closing
EXHIBIT L Escrow Agreement
EXHIBIT M Preferential Rights and Required Consents
EXHIBIT N Pending Litigation
EXHIBIT O Notices of Potential Non-Compliance
EXHIBIT P Gas Imbalance Schedule
TABLE OF CONTENTS
ARTICLE 1 PURCHASE AND SALE........................................................................................ 1
1.1 Purchase and Sale...................................................................................... 1
1.2 The Assets................................................................................................. 1
1.3 Excluded Assets......................................................................................... 2
1.4 Effective Time............................................................................................. 2
1.5 1031 Exchange........................................................................................... 2
ARTICLE 2 PURCHASE PRICE................................................................................................ 3
2.1 Purchase Price............................................................................................ 3
2.2 Deposit...................................................................................................... 3
2.3 Allocation of the Purchase Price.................................................................. 3
2.4 Adjustments to Purchase Price.................................................................... 3
A. Settlement Statements........................................................................ 3
B. Property Expenses............................................................................ 4
C. Effective Time Apportionment of Property Expenses and Revenues.... 4
D. Upward Adjustments......................................................................... 4
E. Downward Adjustments.................................................................... 5
F. Gas Imbalances................................................................................. 5
ARTICLE 3 BUYER'S INSPECTION........................................................................................ 5
3.1 Access to the Records................................................................................ 5
3.2 Disclaimer.................................................................................................. 5
3.3 Physical Access to the Leases, Lands and Xxxxx.......................................... 6
3.4 Buyer's Agents........................................................................................... 6
ARTICLE 4 TITLE MATTERS.................................................................................................. 6
4.1 Definitions.................................................................................................. 6
A. Defensible Title.................................................................................. 6
B. Permitted Encumbrances................................................................... 7
C. Title Defect....................................................................................... 7
D. Title Defect Value.............................................................................. 8
4.2 Purchase Price Adjustments for Title Matters.............................................. 8
A. Notices of Title Defects..................................................................... 8
B. Downward Defect Adjustments......................................................... 8
C. Upward Defect Adjustments.............................................................. 9
4.3 Title Matters Dispute Resolution................................................................ 10
4.4 Casualty Loss........................................................................................... 10
4.5 Preferential Rights and Required Consents................................................. 10
A. Required Consents.......................................................................... 11
B. Preferential Rights............................................................................ 11
C. Exclusive Remedy........................................................................... 12
ARTICLE 5 ENVIRONMENTAL MATTERS........................................................................ 12
5.1 Definitions................................................................................................ 12
5.2 Environmental Representations.................................................................. 13
5.3 Environmental Liabilities and Obligations................................................... 13
A. Retained Environmental Liabilities.................................................... 13
B. Assumed Environmental Liabilities.................................................... 13
C. Remedies........................................................................................ 13
5.4 Contested Environmental Defects.............................................................. 14
5.5 Exclusive Remedies.................................................................................. 14
ARTICLE 6 SELLER'S REPRESENTATIONS...................................................................... 14
6.1 Company Representations........................................................................ 14
A. Corporate Representations.............................................................. 14
B. Seller.............................................................................................. 14
C. No Violation................................................................................... 15
6.2 Authorization and Enforceability................................................................ 15
6.3 Liability for Brokers' Fees........................................................................ 15
6.4 No Bankruptcy......................................................................................... 15
6.5 Litigation.................................................................................................. 15
6.6 Judgments................................................................................................ 15
6.7 Compliance with Law............................................................................... 15
6.8 Material Agreements................................................................................. 15
6.9 Hydrocarbon Sales Contracts................................................................... 15
6.10 Area of Mutual Interest and Other Agreements; Tax Partnerships.............. 16
6.11 Imbalance Volumes.................................................................................. 16
6.12 Property Expenses.................................................................................... 16
6.13 Leases...................................................................................................... 16
6.14 Receipt of Proceeds................................................................................. 16
6.15 Accuracy of Information........................................................................... 16
6.16 Permits..................................................................................................... 16
6.17 Outstanding Commitments, AFEs and Invoices.......................................... 17
6.18 Taxes....................................................................................................... 17
6.19 Hedging Arrangements.............................................................................. 17
6.20 Surface Use Agreements........................................................................... 17
6.21 Liens and Encumbrances........................................................................... 17
6.22 Environmental Representations.................................................................. 17
6.23 Plugging and Abandonment Obligations..................................................... 17
ARTICLE 7 BUYER'S REPRESENTATIONS........................................................................ 18
7.1 Corporate Representations....................................................................... 18
7.2 Authorization and Enforceability................................................................ 18
7.3 Liability for Brokers' Fees........................................................................ 18
7.4 Litigation.................................................................................................. 18
7.5 Securities Laws........................................................................................ 18
7.6 Financial Resources.................................................................................. 19
7.7 Buyer's Evaluation.................................................................................... 19
A. Records.......................................................................................... 19
B. Independent Evaluation.................................................................... 19
ARTICLE 8 COVENANTS AND AGREEMENTS................................................................. 19
8.1 Covenants and Agreements of Seller......................................................... 19
A. Operations Prior to Closing............................................................. 19
B. Restriction on Operations................................................................ 20
C. Notification of Claims...................................................................... 20
D. Existing Relationships....................................................................... 21
E. Buyer as Successor Operator.......................................................... 21
8.2 Covenants and Agreements of Buyer......................................................... 21
A. Replacement Bonds and Instruments................................................ 21
8.3 Confidentiality........................................................................................... 21
A. Information...................................................................................... 21
B. Return of Information....................................................................... 21
C. Injunctive Relief............................................................................... 22
8.4 Cure Period for Breach............................................................................. 22
8.5 Notice of Breach...................................................................................... 22
ARTICLE 9 TAX MATTERS.................................................................................................... 22
9.1 Apportionment of Tax Liability.................................................................. 22
9.2 Tax Reports and Returns.......................................................................... 22
9.3 Sales Taxes.............................................................................................. 22
9.4 Tax Information........................................................................................ 23
ARTICLE 10 CONDITIONS PRECEDENT TO CLOSING.................................................. 23
10.1 Seller's Conditions Precedent................................................................... 23
10.2 Buyer's Conditions Precedent................................................................... 23
ARTICLE 11 RIGHT OF TERMINATION AND ABANDONMENT.................................. 24
11.1 Termination.............................................................................................. 24
11.2 Liabilities Upon Termination...................................................................... 24
A. Buyer's Breach............................................................................... 24
B. Seller's Breach................................................................................ 24
ARTICLE 12 CLOSING............................................................................................................ 24
12.1 Date of Closing......................................................................................... 24
12.2 Place of Closing........................................................................................ 25
12.3 Closing Obligations................................................................................... 25
ARTICLE 13 POST-CLOSING OBLIGATIONS.................................................................... 26
13.1 Post-Closing Adjustments......................................................................... 26
A. Final Settlement Statement............................................................... 26
B. Dispute Resolution........................................................................... 26
13.2 Records................................................................................................... 26
13.3 Further Assurances................................................................................... 26
ARTICLE 14 ASSUMPTION AND RETENTION OF OBLIGATIONS AND INDEMNIFICATION 27
14.1 Buyer's Assumption of Liabilities and Obligations...................................... 27
14.2 Seller's Retention of Liabilities and Obligations.......................................... 27
14.3 Suspended Funds..................................................................................... 27
14.4 Proceeds and Invoices for Property Expenses Received After the Settlement Date................................................................................................................ 27
A. Proceeds......................................................................................... 28
B. Property Expenses.......................................................................... 28
14.5 Indemnification......................................................................................... 28
A. Seller's Indemnification of Buyer...................................................... 28
B. Buyer's Indemnification of Seller...................................................... 28
C. Release........................................................................................... 28
14.6 Procedure................................................................................................ 28
A. Coverage........................................................................................ 28
B. Claim Notice................................................................................... 28
C. Information...................................................................................... 29
14.7 Dispute Resolution.................................................................................... 29
14.8 No Insurance; Subrogation....................................................................... 30
14.9 Reservation as to Non-Parties................................................................... 30
ARTICLE 15 MISCELLANEOUS............................................................................................ 30
15.1 Expenses.................................................................................................. 30
15.2 Notices.................................................................................................... 30
15.3 Amendments/Waiver................................................................................ 31
15.4 Assignment............................................................................................... 31
15.5 Announcements........................................................................................ 31
15.6 Counterparts/Fax Signatures..................................................................... 32
15.7 Governing Law......................................................................................... 32
15.8 Entire Agreement...................................................................................... 32
15.9 Knowledge............................................................................................... 32
15.10 Binding Effect........................................................................................... 32
15.11 Survival.................................................................................................... 32
15.12 Limitation on Damages.............................................................................. 32
15.13 No Third-Party Beneficiaries..................................................................... 32
15.14 Condition Precedent................................................................................. 33
15.15 References, Titles and Construction........................................................... 33
PURCHASE AND SALE AGREEMENT
This Purchase and Sale Agreement (this "Agreement"), dated December 11, 2006, is by and between EXCO Resources, Inc., a Texas corporation, 00000 Xxxxx Xxxxx, Xxxxx 0000, Xxxxxx, Xxxxx 00000 ("EXCO" or "Seller") and Petroleum Development Corporation, a Nevada corporation, 000 Xxxx Xxxx Xxxxxx, Xxxxxxxxxx, Xxxx Xxxxxxxx 00000 ("PDC" or "Buyer"). The transaction contemplated by this Agreement may be referred to as the "Transaction." Seller and Buyer may be referred to individually as a "Party" or collectively as the "Parties."
RECITALS
A. Seller owns and desires to sell all of its interests in certain oil and gas properties located in Weld, Adams, Broomfield, and Larimer Counties, Colorado all as more particularly described in Section 1.2 below.
B. Buyer has conducted and will continue to conduct an independent investigation of the nature and extent of the Assets (as defined below) and desires to purchase all of Seller's interest in the Assets pursuant to the terms of this Agreement.
C. To accomplish the foregoing, the Parties wish to enter into this Agreement.
AGREEMENT
In consideration of the mutual promises contained herein, $100 and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Buyer and Seller agree as follows:
Seller agrees to sell and Buyer agrees to purchase all of Seller's right, title and interest in the Assets as set forth below, all pursuant to the terms of this Agreement.
As used herein, the term "Assets" refers to all of Seller's right, title and interest in and to the following, excluding however the Excluded Assets (as defined below):
A. The oil, gas and/or mineral leases and fee mineral interests specifically described in Exhibit A‑1 (the "Leases"), including without limitation all leasehold estates and interests, all royalty, overriding royalty, production payment, reversionary, net profit, contractual working interests and other similar rights and estates therein, the lands described in Exhibit A‑1 (the "Lands") and the oil, gas and other hydrocarbons ("Hydrocarbons") attributable to the Leases or Lands, including all rights in any pooled, unitized or communitized acreage by virtue of the Lands or Leases being a part thereof and all Hydrocarbons produced from the pool or unit allocated to any such Lands or Leases;
B. The xxxxx specifically described in Exhibit B (the "Xxxxx"), together with all other oil and gas xxxxx and all water, injection and disposal xxxxx on the Lands or on lands pooled, communitized or unitized therewith, and all personal property, equipment, fixtures, improvements, permits, water discharge permits, rights-of-way and easements (including without limitation the rights‑of-way and easements described on Exhibit A‑2) located on the Lands or used in connection with the production, gathering, treatment, processing, storing, transportation, sale or disposal of Hydrocarbons or water produced from the properties and interests described in Section 1.2 A.;
C. The unitization, pooling and communitization agreements, declarations and orders, and the units created thereby, all operating agreements and unit operating agreements and all other such agreements relating to the properties and interests described in Sections 1.2 A. and B. and to the production of Hydrocarbons, if any, attributable to said properties and interests, including those which are described in Exhibit C;
D. All existing and effective sales, purchase, exchange, gathering and service agreements and other contracts, agreements and instruments which relate, and only insofar as they relate, to the properties and interests described in Sections 1.2 A. through C., and including those which are described in Exhibit C;
E. All original files, records and data, including without limitation lease and well files, abstracts, title reports, memoranda and opinions, relating to the items described in Sections 1.2 A. through 1.2 D. maintained by Seller, but excluding (i) Seller's company files, financial records, and tax related records to the extent not relevant to the Assets, and (ii) records and data to the extent transfer thereof is prohibited by unaffiliated third party contractual restrictions on transfer (the "Records"). To the extent that any of the Records contain interpretations of Seller, Buyer agrees to rely on such interpretations at its own risk.
Seller is selling its interest in the Assets, but is not selling and is retaining its interest in and to the Excluded Assets. As used herein, the term "Excluded Assets" refers to all of Seller's right, title, and interest in and to the following:
A. All company records and files, including tax related records, to the extent not directly related to the Assets; and
B. Any Asset excluded from this Agreement pursuant to Sections 4.5A and 4.5B.1 of this Agreement.
The purchase and sale of the Assets shall be effective as of October 1, 2006, at 7:00 a.m. local time at the location of the Assets (the "Effective Time").
Seller reserves the right, at or prior to Closing, to assign its rights under this Agreement with respect to all or a portion of the Purchase Price, and that portion of the Assets associated therewith ("1031 Assets"), to a Qualified Intermediary ("QI") (as that term is defined in Section 1.1031(k)-1(g)(4)(v) of the Treasury Regulations) to accomplish this Transaction, in whole or in part, in a manner that will comply with the requirements of a like-kind exchange ("Like-Kind Exchange") pursuant to Section 1031 of the Internal Revenue Code of 1986, as amended ("Code"). Buyer reserves the right, at or prior to Closing, to assign its rights under this Agreement and all or a portion of the Assets ("1031 Assets") to a QI. If Seller or Buyer so elects, Seller or Buyer may assign its rights under this Agreement to the applicable 1031 Assets to the QI. Each Party hereby (i) consents to the other Party's assignment of its rights in this Agreement with respect to the applicable 1031 Assets, and (ii) if such an assignment is made by Seller, Buyer agrees to pay all or a portion of the Purchase Price into the qualified trust account at Closing as directed in writing by Seller. Each Party agrees to take all actions reasonably required of it, including, but not limited to, executing and delivering documents, to permit the other Party to effect the exchange described in this Section. The Parties acknowledge and agree that a whole or partial assignment of this Agreement to a QI shall not release either Party from any of its respective liabilities and obligations to the other Party or expand any liabilities or obligations of the other Party under this Agreement. Neither Party represents to the other that any particular tax treatment will be given to the other Party as a result of the Like-Kind Exchange. Neither Party shall be obligated to pay any additional costs or incur any additional obligations under this Agreement if such costs are the result of the other Party's Like-Kind Exchange, and each Party shall hold harmless and indemnify the other Party from and against all claims, losses and liabilities (including reasonable attorneys' fees, court costs and related expenses), if any, resulting from such a Like-Kind Exchange.
ARTICLE 2
PURCHASE PRICE
The purchase price for the Assets shall be $132,500,000.00 (the "Purchase Price"). At Closing, Buyer shall pay Seller the Purchase Price, as adjusted pursuant to Section 2.4.
Contemporaneously with the execution of this Agreement, the Parties and Xxxxx Fargo Bank, National Association (the "Escrow Agent") have entered into an escrow agreement (the "Escrow Agreement"), attached hereto as Exhibit L, pursuant to which Buyer has deposited in cash $500,000.00 (the "Deposit") in an escrow account with Escrow Agent (the "Escrow Account"). Under the terms of the Escrow Agreement, the Escrow Agent shall distribute the Deposit as set forth in Articles 11 and 12.
2.3 Allocation of the Purchase Price.
Buyer and Seller have allocated the Purchase Price among the Assets as set forth on Exhibit B. The value so allocated to a particular Asset may be referred to as the "Allocated Value" for that Asset. The undeveloped locations specifically described on Exhibit B shall be included in the term "Assets."
2.4 Adjustments to Purchase Price.
All adjustments to the Purchase Price shall be made (i) according to the factors described in this Section, (ii) in accordance with generally accepted accounting principles as consistently applied in the oil and gas industry, and (iii) without duplication.
The Purchase Price shall be adjusted at Closing pursuant to a "Preliminary Settlement Statement" prepared by Seller, submitted to Buyer on or before five business days prior to Closing, for Buyer's comment and review. The Preliminary Settlement Statement shall set forth the Closing Amount and all adjustments to the Purchase Price and associated calculations. The term "Closing Amount" means the Purchase Price, adjusted as provided in this Section using reasonable estimates as agreed to by the Parties if actual numbers are not available. After Closing, the Purchase Price shall be adjusted pursuant to the Final Settlement Statement delivered pursuant to Section 13.1.
For the purposes of this Agreement, the term "Property Expenses" shall mean all capital expenses, joint interest xxxxxxxx, lease operating expenses, Taxes (as defined and apportioned as of the Effective Time pursuant to Article 9), drilling expenses, workover expenses, geological, geophysical and any other exploration or development expenditures chargeable under applicable operating agreements or other agreements consistent with the standards established by the Council of Petroleum Accountant Societies of North America that are attributable to the maintenance and operation of the Assets during the period in question.
C. Effective Time Apportionment of Property Expenses and Revenues.
The Purchase Price shall be adjusted upward by the following:
1. An amount equal to all proceeds (net of royalty and Taxes not otherwise accounted for hereunder) received and retained by the Buyer from the sale of all Hydrocarbons produced from or credited to the Assets prior to the Effective Time;
2. An amount equal to all direct and actual expenses attributable to the Assets, including, without limitation, the Property Expenses, incurred and paid by Seller that are attributable to the period after the Effective Time;
3. To the extent not covered in the preceding paragraph, an amount equal to all prepaid expenses attributable to the Assets after the Effective Time that were paid by or on behalf of Seller, including without limitation, prepaid drilling and/or completion costs and prepaid utility charges;
4. An amount equal to the value (net of applicable Taxes) of Seller's share of all oil in storage tanks above the pipeline interconnect at the Effective Time to be calculated as follows: The value shall be the product of (i) the volume in each storage tank (attributable to Seller's interest) as of the Effective Time as shown by the actual gauging reports, multiplied by (ii) the price actually received for October 2006 production under the applicable marketing contract if the Hydrocarbons in question had been sold; provided, however, that the adjustment contemplated by this subsection shall be made only to the extent that Seller does not receive and retain the proceeds, or portion thereof, attributable to the pre-Effective Time merchantable oil in the storage tanks;
5. Any amount equal to the value of Additional Interest pursuant to subsection 4.2 C.
6. Any other amount agreed to by Buyer and Seller.
The Purchase Price shall be adjusted downward by the following:
1. Proceeds received and retained by Seller (net of applicable Taxes and royalties) that are attributable to production from the Assets after the Effective Time;
2. The amount of all direct and actual expenses attributable to the Assets, including, without limitation, the Property Expenses, that remain unpaid by Seller, or that have been paid by Buyer, that are attributable to the period prior to the Effective Time;
3. An amount equal to adjustments for Title Defects, Environmental Defects, Casualty Losses and Exclusion Adjustments, and other adjustments as set forth in this Agreement; and
4. Any other amount agreed to by Buyer and Seller.
In addition to the foregoing, the Purchase Price shall be adjusted downward or upward, as appropriate, by an amount equal to $4.00 per MCF for the well and pipeline gas imbalances existing as of the Effective Time, as further outlined on Exhibit P (the "Gas Imbalance Schedule"). The Purchase Price shall be adjusted in the Settlement Statement with respect to the imbalance volumes. If there is a dispute concerning the confirmation and adjustment of the imbalance volumes, the Parties agree to submit such dispute to binding arbitration pursuant to the provisions of Section 14.7.
ARTICLE 3
BUYER'S INSPECTION
Prior to Closing and subject to Section 8.3, Seller will make the Records available to Buyer for inspection, copying, and review at Seller's offices during normal business hours to permit Buyer to perform its due diligence review. Subject to the consent and cooperation of third parties, Seller will assist Buyer in Buyer's efforts to obtain, at Buyer's expense, such additional information from such parties as Buyer may reasonably desire. Buyer may inspect the Records and such additional information only to the extent it may do so without violating any obligation of confidence or contractual commitment of Seller to a third party.
Except for the representations contained in this Agreement, Seller makes no representation of any kind as to the Records or any information contained therein. Buyer agrees that any conclusions drawn from the Records shall be the result of its own independent review and judgment.
3.3 Physical Access to the Leases, Lands and Xxxxx.
Upon reasonable notice and during reasonable business hours, Seller agrees to grant Buyer physical access to the Leases, Lands and Xxxxx to allow Buyer to conduct, at Buyer's sole risk and expense, on-site inspections and environmental assessments of the Leases, Lands and Xxxxx. In connection with any such on-site inspections and assessments, Buyer agrees not to interfere with the normal operation of the Leases and Xxxxx and agrees to comply with all operational and safety requirements of the operators of the Xxxxx. If Buyer or its agents prepares an environmental assessment of any Lease, Lands or Well, Buyer agrees to keep such assessment confidential and to furnish copies thereof to Seller. Such information shall be held confidential but may be disclosed to Buyer or Buyer's affiliates, attorneys, officers, employees and consultants used in Buyer's evaluation of Seller's properties. Furthermore, Buyer's obligations of confidentiality shall not apply to information (i) required to be disclosed by legal process, order, regulation, or rule, or (ii) available to the public, or (iii) acquired from third parties not known by Buyer to have confidentiality obligations to Seller. In connection with granting such access, Buyer represents that it is adequately insured and waives, releases and agrees to indemnify Seller, and its respective directors, officers, shareholders, employees, agents and representatives against all claims for injury to, or death of, persons or for damage to property arising as a result of any act or omission committed by Buyer or its employees, agents, contractors or representatives in conducting Buyer's on-site inspections and environmental assessments of the Leases and Xxxxx. This waiver, release and indemnity by Buyer shall survive termination of this Agreement.
To the extent that Buyer uses agents to conduct its due diligence activities, either in Seller's offices or on the Lands, Buyer agrees to (i) make such agents aware of the terms and conditions set forth in this Article 3 and the confidentiality provisions of Article 8, and (ii) ensure that such agents agree to be bound by the terms of this Article 3 and the confidentiality provisions of Article 8.
ARTICLE 4
TITLE MATTERS
The term "Defensible Title" means such title to the Assets, that, subject to and except for Permitted Encumbrances: (i) entitles Seller to receive not less than the net revenue interest set forth on Exhibit B for each Well, Unit or undeveloped location listed on Exhibit B ("NRI"); (ii) obligates Seller to bear costs and expenses relating to the maintenance, development, operation and the production of Hydrocarbons from each Well, Unit or undeveloped location in an amount not greater than the working interest set forth in Exhibit B ("WI"); (iii) is not subject to reduction by virtue of the exercise by any third party of a reversionary interest, back‑in or similar right except as scheduled in Exhibit B; (iv) is free and clear of mortgages, encumbrances, liens, and delinquent taxes; (v) is free and clear of any surface use restrictions that would reduce the PUD value to $0; and (vi) defects or conditions that would create a material impairment of use or loss of interest in the affected Asset. Topography, directional drilling costs, permitting issues, (including federal, state, county and municipal) shall not be taken into account when calculating an undeveloped location value. If a formation in a Well or undeveloped location is not listed on Exhibit B, then the Allocated Value for such formation or undeveloped location is zero.
The term "Permitted Encumbrances" shall mean:
1. lessors' royalties, overriding royalties, net profits interests, production payments, reversionary interests and similar burdens (payable or in suspense) if the net cumulative effect of such burdens does not operate to reduce the represented NRI;
2. liens for Taxes, or assessments not yet due and delinquent;
3. all rights to consent by, required notices to, filings with, or other actions by federal, state, or local governmental bodies, in connection with the conveyance of the applicable Asset if the same are customarily obtained after such conveyance ("Routine Consents");
4. rights of reassignment upon the surrender or expiration of any Lease;
5. the terms and conditions of the Material Agreements to the extent such do not decrease the NRI for the affected Asset or increase the WI for such Asset without a corresponding proportionate increase in the NRI for such Asset;
6. easements, rights-of-way, servitudes, permits, surface leases and other rights with respect to surface operations, on, over or in respect of any of the Assets or any restriction on access thereto so long as the same do not materially interfere with the operation of the affected Asset as has been conducted in the past and do not materially affect the value thereof; and
7. materialmen's, mechanics', operators' or other similar liens arising in the ordinary course of business incidental to operation of the Assets if such liens and charges have not been filed pursuant to law and the time for filing such liens and charges has expired.
1. defects in the early chain of title, consisting of the failure to recite marital status in a document or omissions of successors of heirship or estate proceedings that would generally be waived by a prudent purchaser of oil and gas properties in the area, unless Buyer provides reasonable written evidence that such failure or omission has resulted in another party claiming title to the relevant Asset;
2. defects based on a lack of information in Seller's files;
3. defects arising out of lack of survey;
4. defects arising out of lack of corporate or other entity authorization that would generally be waived by a prudent purchaser of oil and gas properties in the area unless Buyer provides affirmative written evidence that the action was not authorized and results in another party claiming title to the Asset; and
5. defects that have been cured by possession under applicable statutes of limitation for adverse possession or for prescription.
"Title Defect Value" means the amount by which the Allocated Value of an Asset has been reduced by a Title Defect. In determining the Title Defect Value, the Parties intend to include only that portion of the Asset affected by the defect. The Title Defect Value may not exceed the Allocated Value of the Asset and shall be determined by the Parties in good faith taking into account all relevant factors, including without limitation, the following:
1. If the Title Defect is a lien or encumbrance on the Asset created by, through or under Seller, Seller shall have the lien or encumbrance unconditionally released as a condition precedent to Closing and, consequently, there shall be no Title Defect Value associated with such lien or encumbrance.
2. If the Title Defect is an actual reduction in NRI or any other matter that does not fall within the matters described in Subsection 4.1.D.1., then the Buyer will rerun its economic valuation calculation that resulted in the Allocated Value for the affected portion of the Assets using the same economic and engineering criteria except as changed to accommodate the Title Defect to calculate the impact on the Allocated Value for the affected Asset. This revised calculation of the Allocated Value will be presented to Seller and Buyer and Seller will act in good faith to reach mutual agreement as to the diminution effect of this Title Defect and thus the Title Defect Value.
4.2 Purchase Price Adjustments for Title Matters.
Buyer shall give Seller a written "Title Defects Notice" as soon as possible but no later than 5:00 p.m. Mountain Time on December 12, 2006 (the "Title Defect Date"). To be effective, each Title Defect Notice must be in writing and must satisfy the following conditions precedent: (i) name the affected Asset; (ii) describe each Title Defect in reasonable detail; (iii) describe the basis for each Title Defect; (iv) attach Supporting Documentation; (v) state the Allocated Value of the affected Asset; (vi) state Buyer's good faith estimate of the Title Defect Value; (vii) set forth the computations, upon which Buyer's estimate is based; and (viii) each Title Defect must be equal to or greater than $50,000.00 in value. For the purposes of this Section, "Supporting Documentation" for a particular Title Defect means if the basis is derived from any document, a copy of such document (or pertinent part thereof) or if the basis is derived from any gap in Seller's chain of title, the documents preceding and following the gap, or in any case other reasonable written documentation.
B. Downward Defect Adjustments.
1. If an Asset is affected by a Title Defect, the Purchase Price will be reduced as set forth below and in Section 4.1.D.2, unless: (i) Seller elects to cure the Title Defect prior to Closing to Buyer's reasonable satisfaction; (ii) Buyer agrees to waive the relevant Title Defect; (iii) Seller elects on or before Closing to cure such Title Defect no later than 90 days after Closing; (iv) Seller, with Buyer's consent, which Buyer may withhold in its sole discretion, elects on or before Closing to indemnify Buyer against any Loss (as defined below) attributable to the relevant Title Defect; or (v) Seller elects on or before Closing to exclude the affected portion of the Asset from the Transaction and reduce the Purchase Price accordingly.
2. The Purchase Price shall be adjusted downward for Title Defects only if and to the extent that the aggregate value of all Title Defects exceeds $250,000.00 (the "Title Defect Deductible"). If the aggregate value of the Title Defects does not exceed the Title Defect Deductible, there shall be no adjustment to the Purchase Price, and, except for matters that are subject to the special warranty of title contained in the Assignment to be delivered at Closing, Buyer will be deemed to have (i) accepted title to the Assets "AS IS WHERE IS," and (ii) waived its right to assert any objection to real property title to the Assets.
3. If Seller elects to cure the relevant Title Defect post-Closing, the Parties shall proceed as provided in this Section. If the Title Defect Value is equal to the Allocated Value of the affected Asset, Seller shall deposit the assignment of the Asset affected by the Title Defect (the "Affected Asset") in the Escrow Account and Buyer shall deposit the Allocated Value of the Affected Asset in the Escrow Account. If the Title Defect Value is less than the Allocated Value of the affected Asset, Seller shall assign the Asset to Buyer on the Closing Date, Buyer shall deposit the Title Defect Value in the Escrow Account, and the Purchase Price payable by Buyer to Seller on the Closing Date shall be adjusted downward by the Title Defect Value deposited by Buyer into the Escrow Account. If Seller cures the relevant Title Defect to Buyer's reasonable satisfaction, the Parties shall instruct the Escrow Agent (i) to deliver to Seller the Allocated Value of the Affected Asset, adjusted as set forth in Section 2.4 and, if relevant at that time, Section 13.1, or the Title Defect Value, as applicable, and (ii) to deliver to Buyer the remainder of the Allocated Value of the Affected Asset (if any) and the assignment of the affected Asset if the assignment has been deposited into the Excrow Account. If Seller does not cure the relevant Title Defect to Buyer's reasonable satisfaction, the Purchase Price shall be adjusted as set forth in Section 4.2.B.2., and the Parties shall instruct the Escrow Agent to deliver the Allocated Value or the Defect Value, as applicable, of the Affected Asset to Buyer. If Seller does not cure a Title Defect to Buyer's reasonable satisfaction and the Title Defect Value is equal to the Allocated Value of the affected Asset, the Parties will instruct the Escrow Agent to return the assignmnent of the affected Asset to Seller. Interest accruing on such amount shall be distributed to each of the Parties in proportion to the amount of the Allocated Value distributed to such Party.
If Buyer or Seller discover additional interests in the Leases, Xxxxx or undeveloped locations that are listed in Exhibit A and Exhibit B, including any interest that entitles Seller to receive more than the NRI set forth in Exhibit B or obligates Seller to bear costs and expenses in an amount less than the WI set forth in Exhibit B without a corresponding reduction in Seller's NRI, the discovering party shall promptly notify the other Party of such interest (the "Additional Interest"). The party who discovers Additional Interest shall give the other party written notice of the Additional Interest as soon as possible, but in no event later than the Title Defect Date. This notice shall be in writing and shall include (i) a description of each Additional Interest, (ii) the basis for each Additional Interest, and supporting documentation with respect thereto, (iii) the Allocated Value of the Lease, Well or undeveloped location affected by the Additional Interest, and (iv) the value of the Additional Interest or the amount by which the notifying party believes the Allocated Value of the Lease, Well or undeveloped location has been increased by the Additional Interest and the computations upon which such party's belief is based. The value of the Additional Interest shall be determined by the parties in good faith taking into account all relevant factors.
4.3 Title Matters Dispute Resolution.
The Parties agree to resolve disputes concerning title matters pursuant to the terms of this Section. The Parties agree to submit all disputes concerning title matters regarding (i) the existence and scope of a Title Defect, (ii) the Title Defect Value of that portion of the Asset affected by a Title Defect or (iii) the adequacy of Seller's Title Defect curative materials, to binding arbitration in Denver, Colorado, such arbitration to be conducted as follows. The arbitration proceeding shall be submitted to a three-person panel of neutral arbitrators consisting of three attorneys licensed in Colorado, each with at least 15 years experience in preparing oil and gas title opinions (the Title Arbitration Panel"). The arbitration shall be governed by Colorado law and shall be held in Denver, Colorado. The membership of the Title Arbitration Panel shall consist of one attorney picked by each side, and the two arbitrators so selected picking the third. The Parties shall submit written materials to the Title Arbitration Panel within 10 days of the selection of the third arbitrator explaining their position regarding the title dispute. The Title Arbitration Panel shall conduct a hearing, if necessary, no later than 30 days after the selection of the third arbitrator, and the Title Arbitration Panel shall render a written decision within 15 days of the hearing or, if no hearing is conducted, not later than 45 days after the third arbitrator is selected. At the hearing, the Parties shall present such evidence and witnesses as they may choose, with or without counsel. Adherence to formal rules of evidence shall not be required but the Title Arbitration Panel shall consider any evidence and testimony that they determine to be relevant, in accordance with procedures that they determine to be appropriate. The final decision shall be binding on the Parties, final and non-appealable, and may be filed in a court of competent jurisdiction and may be enforced by any Party as a final judgment of such court. Each Party shall bear its own costs and expenses of the arbitration, provided, however, that the costs of employing the Title Arbitration Panel shall be borne 50% by the Seller and 50% by the Buyer. Disputes regarding title matters in excess of $1,000,000.00 shall be resolved pursuant to the arbitration procedure set forth in Section 14.7.
After the Effective Time and prior to Closing, if a portion of the Assets is destroyed by fire or other casualty, or is taken or threatened to be taken in condemnation or under the right of eminent domain, (with such event being a "Casualty Loss"), Buyer shall purchase the Asset at Closing for the Allocated Value of the Asset reduced by the estimated cost to repair or replace such Asset (with equipment of similar utility). At its sole option, Seller may elect to cure such Casualty Loss. If Seller elects to cure such Casualty Loss, Seller may replace any personal property that is the subject of a Casualty Loss with equipment of similar grade and utility and Seller shall be entitled to keep all associated insurance proceeds, if any. If Seller cures the Casualty Loss to Buyer's reasonable satisfaction, Buyer shall purchase the affected Asset at Closing for the Allocated Value thereof without any Purchase Price adjustment for such Casualty Loss. In no event shall the watering out of a well, casing collapse, or breakage of equipment constitute a Casualty Loss.
4.5 Preferential Rights and Required Consents.
To Seller's knowledge, other than Routine Consents and those shown on Exhibit M, there are no preferential rights to purchase the Assets ("Preferential Rights") and no consents to the assignment thereof that are required to be obtained in connection with the consummation of the Transaction ("Required Consents"). If there are Preferential Rights or Required Consents, the provisions of this Section shall apply. If either Party discovers Assets affected by Preferential Rights or Required Consents, Seller shall use its best efforts to give the notices required in connection with the Preferential Rights in sufficient time prior to Closing to permit the lapse of the period of time in which to exercise such Preferential Rights prior to Closing and shall use its best efforts to obtain such Consents prior to Closing.
If a Required Consent has not been obtained as of the Closing, then (i) the portion of the Assets for which such Required Consent has not been obtained shall not be conveyed at the Closing, (ii) the Allocated Value for that Asset shall not be paid to Seller, and (iii) Seller shall use its reasonable efforts to obtain such Required Consent as promptly as possible following Closing. If a Required Consent has been obtained as of the Final Settlement Date, Seller shall convey the affected Asset to Buyer effective as of the Effective Time and Buyer shall pay Seller the Allocated Value of the affected Asset, reduced by the amount of any net proceeds from the affected Asset attributable to the period of time after the Effective Time with Seller retaining such net proceeds attributable to the period of time after the Effective Time until the affected Asset is assigned, and with Seller bearing all attendant costs in connection therewith, including Property Expenses, royalties and overriding royalties, lease rental and maintenance costs and leasehold payments for the affected Asset accruing during this period of time. If such Required Consent has not been obtained as of the Settlement Date, the affected Asset shall be deemed to be an Excluded Asset and Seller shall retain such Asset and the Purchase Price shall be deemed to be reduced by an amount equal to the Allocated Value of the particular Asset (with such adjustment being an "Exclusion Adjustment"). Buyer shall reasonably cooperate with Seller in obtaining any Required Consent including providing assurances of reasonable financial conditions, but Buyer shall not be required to expend funds or make any other type of financial commitments a condition of obtaining such consent.
1. If any Preferential Right affecting any portion of the Assets is exercised and consummated prior to the Closing Date, that portion of the Assets affected by such Preferential Right shall be deemed to be Excluded Assets and the Purchase Price shall be adjusted downward by an amount equal to the Allocated Value of such affected Assets without the requirement for Buyer to give notice (with such adjustment being an "Exclusion Adjustment").
2. If by Closing, the time frame for the exercise of such Preferential Rights has not expired and Seller has not received notice of an intent not to exercise or a waiver of the Preferential Right, that portion of the Assets affected by such Preferential Right shall be included in the Assets and assigned to Buyer at Closing. If such Preferential Right is exercised, the provisions of Section 4.5.B.3 shall apply.
3. If the affected Asset has been conveyed to Buyer at Closing, and a Preferential Right affecting the Asset is consummated after Closing, Buyer agrees to convey such affected Asset to the party exercising such Preferential Right on the same terms and conditions under which Seller conveyed such Assets to Buyer and retain all amounts paid by the party exercising such Preferential Right. In the event of such exercise, Buyer shall prepare, execute and deliver a form of conveyance of such Asset to such exercising party, such conveyance to be in form and substance as provided in this Agreement, and Seller agrees to hold harmless and indemnify Buyer from any and all liabilities and obligations associated with such conveyed Asset.
The remedies set forth in this Section 4.5 are the exclusive remedies under this Agreement for Preferential Rights and Required Consents.
ARTICLE 5
ENVIRONMENTAL MATTERS
The provisions of this Article apply only to the environmental matters associated with the Assets as the result of oil and gas operations on the Lands.
For the purposes of the Agreement, the following terms shall have the following meanings:
"Environmental Consultant" means a qualified environmental consultant engaged by Buyer, or a qualified employee of Buyer assigned by Buyer, to investigate and assess the environmental condition of the Assets; provided, however, that the duties of the Environmental Consultant provided herein shall, if exercised by a qualified employee of Buyer, be performed in good faith.
"Environmental Defect" means (a) a condition in, on or under an Asset (including, without limitation, air, land, soil, surface and subsurface strata, surface water and ground water or sediments) that causes an Asset to be in violation of an Environmental Law; and (b) Seller has timely received a Valid Environmental Defect Notice for the Environmental Defect. It is understood and agreed that matters of an essentially similar nature such as, but not limited to, oil spills, chemical barrels or equipment containing NORM found at a single site shall be deemed a single incident or condition. The Parties agree that each Environmental Defect will be addressed as a single incident or condition, and that Environmental Defects will not be aggregated on a per condition basis or otherwise (i.e., chemical barrels found at all of the Well sites shall not be aggregated, but instead, shall be evaluated on a site by site basis).
"Environmental Defect Deductible" means $250,000.00.
"Environmental Defect Notice" means a written notice given by Buyer to Seller alleging an Environmental Defect. To be effective, each Environmental Defect Notice must be in writing and must satisfy the following conditions precedent: (i) name the affected Asset, (ii) describe the condition that causes the Environmental Defect, (iii) provide reasonable factual substantiation for the Environmental Defect, and (iv) state the estimated cost to remediate as calculated by the Environmental Consultant. To be valid, all Environmental Defect Notices must be received by Seller on or before December 12, 2006 at 5:00 p.m. Mountain Time. For the purpose of the preceding sentence, "factual substantiation for the Environmental Defect" shall mean reports prepared by, or the basis of tests performed by the Environmental Consultant.
"Environmental Defect Value" means the costs to remediate that particular Environmental Defect as substantiated by the Environmental Consultant.
"Environmental Law" means any law, statute, rule, regulation, code, ordinance or order issued by any federal, state, or local governmental entity regulating or imposing liability or standards of conduct concerning protection of the environment or human health and safety or the release or disposal of waste or hazardous materials.
"Remediation" means actions taken to correct an Environmental Defect or otherwise required to remediate in compliance with applicable Environmental Law, as recommended in writing by the Environmental Consultant.
5.2 Environmental Representations.
With respect to the Assets operated by Seller, to Seller's knowledge, Seller has been in material compliance with and has not been and is not in any material respect in violation of or liable under, any Environmental Law. With respect to the Assets, Seller has not received any actual or threatened order, notice or other communication of any actual or potential violation or failure to comply with any Environmental Law.
5.3 Environmental Liabilities and Obligations
A. Retained Environmental Liabilities.
Upon Closing, if and to the extent the aggregate of all Environmental Defects exceeds the Environmental Defect Deductible, and subject to subsection 5.3 C below, Seller shall retain and pay, perform, fulfill and discharge all claims, cost, expenses, liabilities and obligations accruing or relating to and release Buyer from all Losses attributable to and relating to Environmental Defects for which Seller receives a timely Environmental Defect Notice (the "Retained Environmental Liabilities"). Timely receipt of an Environmental Defect Notice, verification of the cost to remediate by the Environmental Consultant, and the aggregate of all Environmental Defects exceeding the Environmental Defect Deductible, are conditions precedent to Seller's obligation to retain liability for Retained Environmental Liabilities.
B. Assumed Environmental Liabilities.
If the aggregate of all Environmental Defects does not exceed the Environmental Defect Deductible, upon Closing, subject to the limitations set forth in Article 14, Buyer shall assume and pay, perform, fulfill and discharge and release Seller from all Losses relating to environmental conditions in, on or under the Assets attributable to the period of time before and after the Effective Time, including without limitation any and all liability for (i) ground water contamination, (ii) Naturally Occurring Radioactive Materials, (iii) man-made material fibers, or (iv) the obligation to plug and abandon all of the xxxxx located on the Lands and reclamation of existing well sites on the Lands (collectively, the "Assumed Environmental Liabilities"). If Buyer fails to timely deliver an Environmental Defect Notice with respect to an Asset, Buyer shall be deemed to (i) accept the environmental condition(s) in, on and under that Asset or the Assets, (ii) have waived its right to claim an Environmental Defect with respect to that particular condition in, on or under the Assets and (iii) include the particular environmental condition(s) as part of the Assumed Environmental Liabilities.
If the aggregate values of all Environmental Defects exceed the Environmental Defect Deductible, with respect to Environmental Defects, Seller shall elect one of the following options: (i) remediate the condition on the affected Assets comprising the specified Environmental Defect(s) as promptly as practicable (and retain its obligation to indemnify and defend Buyer from any Losses relating to such Environmental Defects), such remediation to be consistent with Environmental Laws; or (ii) pay Buyer, no later than 10 days following the delivery of the applicable Environmental Defect Notice(s), Buyer's estimate of the Environmental Defect Value, in which event Buyer shall release Seller from any further Retained Environmental Liability relating to the Environmental Defects so satisfied.
5.4 Contested Environmental Defects.
If Seller contests the existence of an Environmental Defect or the Environmental Defect Value, Seller shall notify Buyer in writing on or before December 15, 2006, at 5:00 p.m. Mountain Time ("Rejection Notice"). The Rejection Notice shall state with reasonable specificity the basis of the rejection of the Environmental Defect or the Environmental Defect Value. Within three business days of receipt of the Rejection Notice, (December 20, 2006) representatives of Buyer and Seller knowledgeable in environmental matters shall meet and, either (i) mutually agree to reject the particular Environmental Defect or (ii) agree on the validity of such Environmental Defect and the Environmental Defect Value. If the Parties cannot agree on either options (i) or (ii) in the preceding sentence, the Environmental Defect and/or the Environmental Defect Value subject to the Rejection Notice shall be resolved in accordance with the arbitration procedures set forth in Section 14.7. If Seller fails to timely deliver a Rejection Notice, Seller shall be deemed to have accepted the validity of the Environmental Defect and Buyer's estimate of the Environmental Defect Value, and shall be deemed to have waived its own option to contest the Environmental Defect pursuant to this Section.
The rights and remedies granted each Party in this Article, together with the indemnifications set forth in Article 14 and the rights of each Party to not close pursuant to Articles 10 and 11 are the exclusive rights and remedies against the other Party related to any Environmental Defect or other environmental matters.
ARTICLE 6
SELLER'S REPRESENTATIONS
The Parties' agreement with respect to Title Matters and Environmental Matters is set forth in Articles 4 and 5 respectively, and the provisions of those Articles set forth Seller's representations with respect to Title Matters and Environmental Matters. Seller makes the following representations and warranties as of the execution of this Agreement and as of Closing:
EXCO Resources, Inc., is a Texas corporation duly organized and validly existing and in good standing under the laws of the State of Texas and is qualified to conduct business in the State of Colorado.
Seller has all requisite power and authority to own the Assets, to carry on its business as presently conducted and to execute, deliver, and perform this Agreement and each other document executed or to be executed by Seller in connection with the Transaction. The execution, delivery, and performance by Seller of this Agreement and other document executed or to be executed by Seller in connection with the Transaction and the consummation of the Transaction have been duly authorized by all necessary company action of Seller.
The execution and delivery of this Agreement does not (i) create a lien or encumbrance on the Assets that will remain in existence after Closing, (ii) violate, or be in conflict with, any provision of the governing documents of Seller, or any provision of any statute, rule or regulation applicable to Seller or the Assets or any material lease, contract, agreement, instrument or obligation to which Seller is a party or by which Seller or the Assets are bound, or, (iii) violate, or be in conflict with, any judgment, decree or order applicable to Seller.
6.2 Authorization and Enforceability.
This Agreement and each other document executed by Seller in connection with this Transaction constitutes Seller's legal, valid and binding obligation, enforceable in accordance with their respective terms, subject, however, to the effects of bankruptcy, insolvency, reorganization, moratorium and other laws for the protection of creditors and equitable principles which may limit the availability of certain equitable remedies (such as specific performance) in certain instances.
6.3 Liability for Brokers' Fees.
Seller has not incurred any liability, contingent or otherwise, for brokers' or finders' fees relating to this Transaction for which Buyer shall have any responsibility whatsoever.
There are no bankruptcy proceedings pending, being contemplated by or, to the knowledge of Seller, threatened against Seller by any third party.
Other than the matters listed in Exhibit N, Seller has not received a written claim or written demand notice that has not been resolved that would adversely affect any of the Assets. There are no actions, suits, ongoing governmental investigations, written governmental inquiries or proceedings pending or, to the knowledge of Seller, threatened against Seller or any of the Assets, in any court or by or before any federal, state, municipal or other governmental agency that relate to any of the Assets, or that would affect the Seller's ability to execute and deliver this Agreement or to consummate this Transaction.
There are no unsatisfied judgments or injunctions issued by a court of competent jurisdiction or other governmental agency outstanding against Seller.
Other than the matters listed on Exhibit O, Seller has not received a written notice of a material violation of any statute, law, ordinance, regulation, permit, rule or order of any federal, state, tribal or local government or any other governmental department or agency, or any judgment, decree or order of any court, applicable to the Assets or operations on the Assets, which remains uncured.
Exhibit C is a list of all agreements, other than the Leases, that are material to the ownership and operation of the Assets (the "Material Agreements.") Seller has made available to Buyer all of the Material Agreements and Leases in Seller's possession. Seller has not received and has not given a written notice of material default under any of the Material Agreements that remains uncured.
6.9 Hydrocarbon Sales Contracts.
Except as set forth on Exhibit C, no Hydrocarbons are subject to a sales contract (other than division orders or spot sales agreements terminable on no more than 30 days notice) and no person has any call upon, option to purchase or similar rights with respect to the production from the Assets. Proceeds from the sale of oil, condensate, and gas from the Assets are being received in all respects by Seller in a timely manner and are not being held in suspense for any reason.
6.10 Area of Mutual Interest and Other Agreements; Tax Partnerships.
To Seller's knowledge, and except as listed on Exhibit C, no Asset is subject to (or has related to it) any area of mutual interest agreements or any farm-out or farm-in agreement under which any party thereto is entitled to receive assignments not yet made, or could earn additional assignments after the Effective Time. No Asset is subject to (or has related to it) any tax partnership.
There do not exist any gas imbalances other than those listed in Exhibit P (i) which are with gatherers, processors, or transporters or with co-tenants or working interest owners in a well, unit, or field (ii) which are associated with the Assets and (iii) where Seller has received a quantity of gas prior to the Effective Time for which Buyer will have a duty after the Effective Time to deliver an equivalent quantity of gas or pay a sum of money.
In the ordinary course of business, Seller has paid all Property Expenses attributable to the Assets as such Property Expenses become due, and such Property Expenses are being paid in a timely manner before the same become delinquent, except such Property Expenses as are disputed in good faith by Seller in a timely manner and for which Seller shall retain responsibility.
Seller has not received a written notice of termination of any of the Leases or written notice of material default under the terms of any Lease that remains uncured; provided however, that Buyer's sole remedy for Seller's breach of this representation shall be the title defect mechanism set for in Article 4.
Seller is currently receiving payment from all purchasers of production from the Assets in a timely manner suspense or any indemnity other than the normal division order warranty of title.
All Records and other documents relating to the Assets made available by Seller to Buyer are true and correct copies of documents contained in Seller's files. To Seller's knowledge, all information and data reflecting volumes of oil and gas production from the Assets, and all lease operating expense, capital cost and revenue information and data, furnished by Seller to Buyer are true and correct, except for such inaccuracies as would not have a material adverse effect on the value of the Assets taken as a whole. The representations and warranties contained in this Section 6.15 shall not be construed to be representations and warranties with respect to the accuracy of any estimates, forecasts or conclusions contained in any document.
Seller possesses all permits required to be obtained for conducting its business with respect to the Assets as presently conducted, and with respect to each such permit: Seller has not received written notice (i) of any violations of such permits that remains uncured or (ii) that such permit will not be renewed.
6.17 Outstanding Commitments, AFEs and Invoices.
Except as set forth in Exhibit F, to Seller's knowledge, (i) Seller has incurred no expenses, and has made no commitments to make expenditures (including any agreements that would obligate Buyer to make expenditures) in connection with the ownership or operation of the Assets after the Effective Time, other than with respect to routine operations performed in the ordinary course of operating the existing xxxxx on the Assets, which operations are, individually, estimated to cost $25,000.00 or less, net to Seller's interest, and (ii) no proposals or authorities for expenditures (AFEs) are currently outstanding (whether made by Seller or by any other party) to drill additional xxxxx, or to deepen, plug back, or rework existing xxxxx, or to conduct other operations on the Assets for which consent is required under the applicable operating or unitization agreement, or to abandon any xxxxx on the Assets, or to conduct any other operation on the Assets for which the estimated cost exceeds $25,000.00 net to Seller's interest.
All taxes and assessments pertaining to the Leases based on ownership of the Leases for all taxable periods prior to the taxable period in which this Agreement is executed have been properly paid. All income taxes and obligations relating thereto that could result in a lien or other claim against any of the Leases have been properly paid, unless contested in good-faith by appropriate proceeding.
The Leases are not subject to any gas sales, gathering or transportation contracts which include provisions for hedging, price risk management or other such financial arrangements or transactions, which will affect or burden the Leases from and after the Closing Date.
To Seller's knowledge, with the exception of Lease provisions, including provisions set forth in recorded addendums to Leases, there are no surface use agreements to which Seller is a party covering any portion of the Lands with the exception of the surface use agreements described on Exhibit D.
Except for (i) the burdens and obligations created by or arising under the Leases, (ii) Permitted Encumbrances, and (iii) the Amended and Restated Credit Agreement among EXCO Resources, Inc. and certain of its subsidiaries and XX Xxxxxx Chase, N.A. as Administrative Agent, dated effective March 17, 2006, as amended, there are no loan agreements, promissory notes, pledges, mortgages, guaranties, or liens which were secured by or constitute a lien or encumbrance on the Assets.
6.22 Environmental Representations.
Seller has not used the Assets as a landfill or for waste disposal, other than for activities associated with normal oil field operations conducted in material compliance with Environmental Laws.
6.23 Plugging and Abandonment Obligations.
With the exception of the xxxxx identified on Exhibit E, there are no xxxxx which are required to be plugged and abandoned at the present time under applicable governmental laws, rules and regulations or the terms of any Lease or agreement to which Seller is a party.
ARTICLE 7
BUYER'S REPRESENTATIONS
Buyer makes the following representations and warranties to Seller as of the execution of this Agreement and as of Closing:
7.1 Corporate Representations.
A. Buyer is a Nevada Corporation, duly organized, validly existing and in good standing under the laws of the State of Colorado and is duly qualified, or as of Closing will be duly qualified, to carry on its business in Colorado.
7.2 Authorization and Enforceability.
The execution, delivery and performance of this Agreement and this Transaction have been duly and validly authorized by all requisite action on behalf of Buyer. This Agreement and each other document executed by Buyer in connection with this Transaction constitutes Buyer's legal, valid and binding obligation, enforceable in accordance with their respective terms, subject, however, to the effects of bankruptcy, insolvency, reorganization, moratorium and similar laws for the protection of creditors and equitable principles which may limit the availability of certain equitable remedies (such as specific performance) in certain instances.
7.3 Liability for Brokers' Fees.
Buyer has not incurred any liability, contingent or otherwise, for brokers' or finders' fees relating to this Transaction for which Seller shall have any responsibility whatsoever.
There is no action, suit, proceeding, claim or investigation by any person, entity, administrative agency or governmental body pending or, to Buyer's knowledge, threatened against it before any governmental authority that impedes or is likely to impede Buyer's ability to consummate this Transaction and to assume the liabilities to be assumed by Buyer under this Agreement, including without limitation, the Assumed Liabilities.
Buyer is familiar with the Assets and it is a knowledgeable, experienced and sophisticated investor in the oil and gas business. Buyer understands and accepts the risks and absence of liquidity inherent in ownership of the Assets. Buyer acknowledges that the Assets are or may be deemed to be "securities" under the Securities Act of 1933, as amended, and certain applicable state securities or Blue Sky laws and that resales thereof may therefore be subject to the registration requirements of such acts. The Assets are being acquired solely for Buyer's own account for the purpose of investment and not with a view to resale, distribution or granting a participation therein in violation of any securities laws.
Buyer has sufficient cash available or borrowing capacity under its credit facility to close this Transaction.
Buyer is experienced and knowledgeable in the oil and gas business and is aware of its risks. Buyer acknowledges that Seller is making available to it the Records and the opportunity to examine, to the extent it deems necessary in its sole discretion, all real property, personal property and equipment associated with the Assets. Except for the representations of Seller contained in this Agreement, Buyer acknowledges and agrees that Seller has not made any representations or warranties, express or implied, written or oral, as to the accuracy or completeness of the Records or any other information relating to the Assets furnished or to be furnished to Buyer or its representatives by or on behalf of Seller, including without limitation any estimate with respect to the value of the Assets, estimates or any projections as to reserves and/or events that could or could not occur, future operating expenses, future workover expenses and future cash flow.
In entering into this Agreement, Buyer acknowledges and affirms that it has relied and will rely solely on the terms of this Agreement and upon its independent analysis, evaluation and investigation of, and judgment with respect to, the business, economic, legal, tax or other consequences of this Transaction including its own estimate and appraisal of the extent and value of the petroleum, natural gas and other reserves of the Assets, the value of the Assets and future operation, maintenance and development costs associated with the Assets. Buyer is aware of the geologic factors and risks associated with operating oil and gas xxxxx in the area of the Assets. Accordingly, Buyer assumes the risk of the downhole condition of the Xxxxx. Except as expressly provided in this Agreement, Seller shall not have any liability to Buyer or its affiliates, agents, representatives or employees resulting from any use, authorized or unauthorized, of the Records or other information relating to the Assets provided by or on behalf of Seller.
ARTICLE 8
COVENANTS AND AGREEMENTS
8.1 Covenants and Agreements of Seller.
Seller covenants and agrees with Buyer as follows:
A. Operations Prior to Closing.
From the date of execution hereof to the Closing, Seller will operate the Assets in a good and workmanlike manner and consistent with past practices. Seller agrees to maintain the insurance now in effect with respect to the Assets through the date of Closing. From the date of execution of this Agreement to the Closing Date, Seller shall pay or cause to be paid its proportionate shares of all Property Expenses incurred in connection with the ownership or operations of the Assets. Seller will timely notify Buyer of proposed activities and major capital expenditures that could reasonably be expected to cost in excess of $25,000.00 per activity net to Seller's interests conducted on the Assets and will keep Buyer timely informed of all material developments affecting any of the Assets.
Except in the case of an emergency, Seller will promptly inform Buyer of all requests for commitments to expend funds in excess of $25,000.00 with respect to the Assets. Without the prior written consent of Buyer, Seller shall not:
1. enter into any new agreements or commitments with respect to the Assets which extend beyond the Closing;
2. commit to or incur any expenditures in excess of $25,000.00 (net to Seller's interest) with respect to any part of the Assets;
3. make any nonconsent elections with respect to operations affecting the Assets;
4. abandon any Well or release (or permit to terminate), or modify or reduce its rights under all or any portion of any of the Leases;
5. modify or terminate any of the Material Agreements or waive or relinquish any right thereunder;
6. agree to any renegotiated price, take or other terms under existing gas purchase agreements;
7. agree to any credit or prepayment arrangement that would reduce the share of gas deliverable with respect to the Assets following the Effective Time;
8. enter into any agreement or instrument for the sale, treatment, or transportation of production from the Assets (except for sales agreements terminable on no more than 30 days' notice);
9. create any material gas imbalance affecting the Assets; or
10. encumber, sell or otherwise dispose of any of the Assets, other than personal property that is replaced by equivalent property or consumed in the normal operation of the Assets.
For the purposes of obtaining the written consents required in this Section 8.1, Buyer designates the person set forth in Section 15.2. Such consents may be obtained in writing by overnight courier or given by telecopy or facsimile transmission.
Seller shall promptly notify Buyer of any suit, action or other written proceeding before any court or governmental agency and any cause of action that relates to the Assets or that might, in Seller's reasonable judgment, result in impairment or loss of Seller's title to any portion of the Assets or the value thereof or that might hinder or impede the operation of the Leases arising or threatened in writing prior to the Closing.
Prior to the Closing, Seller shall not introduce any new method of management, operation or accounting with respect to the Assets and shall use all reasonable efforts to preserve its relationships with customers, suppliers, distributors, contractors, operators, non-operators, royalty owners, and others having business dealings with it in connection with the Assets.
E. Buyer as Successor Operator.
Seller shall use its commercially reasonable efforts to obtain sufficient consents of working interest owners prior to the Closing to cause Buyer to be elected as successor operator of the Assets currently operated by any party Seller.
8.2 Covenants and Agreements of Buyer.
Buyer covenants and agrees with Seller as follows:
A. Replacement Bonds and Instruments.
At Closing or as soon as practical thereafter, Buyer shall provide replacement instruments for each bond or similar contingent obligation given by Seller securing its, or its contract operator's, obligations relating to the Assets, set forth on Exhibit K (collectively, the "Instruments"). As soon as practical after Closing, Buyer (with reasonable assistance of Seller as requested by Buyer) shall use its best efforts to obtain the release of the Assets and/or Seller from the Instruments.
All data and information, whether written or oral, obtained from Seller in connection with this Transaction, including the Records, whether obtained by Buyer before or after the execution of this Agreement (collectively, the "Information") is deemed by the Parties to be confidential and proprietary to Seller. Until the Closing (and for a period of one year if Closing should not occur for any reason), except as required by law or applicable stock exchange rule, Buyer and its officers, agents and representatives will hold in strict confidence the terms of this Agreement, all Information, except any Information which: (i) at the time of disclosure to Buyer by Seller is in the public domain; (ii) after disclosure to Buyer by Seller becomes part of the public domain by publication or otherwise, except by breach of this commitment by Buyer; (iii) Buyer can establish by competent proof was rightfully in Buyer's possession at the time of disclosure to Buyer by Seller; (iv) Buyer rightfully receives from third parties free of any obligation of confidence; or (v) is developed independently by Buyer without the Information, provided that the person or persons developing the data shall not have had access to the Information.
If this Transaction does not close on or before the date set for Closing, or such later date as agreed to by the Parties, Buyer shall (i) upon written request by Seller, return to Seller all copies of the Information in possession of Buyer obtained pursuant to any provision of this Agreement, which Information is at the time of termination required to be held in confidence pursuant to Section 8.3A.; (ii) not utilize or permit utilization of the Information to compete directly or indirectly with Seller; and (iii) destroy any and all notes, reports, studies or analyses and all data and information generated by Buyer to the extent based on or incorporating the Information. The terms of Section 8.3.A., B., and C. shall survive termination of this Agreement.
Buyer agrees that Seller will not have an adequate remedy at law if Buyer violates any of the terms of Sections 8.3 A. and/or B. In such event, Seller will have the right, in addition to any other it may have, to obtain injunctive relief to restrain any breach or threatened breach of the terms of Sections 8.3.A. and/or B., or to obtain specific enforcement of such terms.
If any Party believes any other Party has breached the terms of this Agreement, the Party who believes the breach has occurred shall give written notice to the breaching Party of the nature of the breach and give the breaching Party at least two business days to cure. Notwithstanding the foregoing, this Section shall not apply to breach of the Parties' obligations at Closing and shall not operate to delay Closing.
If either Seller or Buyer develops or possesses information that leads it to believe that the other Party may have breached a representation or warranty under this Agreement, that Party shall promptly inform the other Party of such potential breach so that it may attempt to remedy or cure such breach prior to Closing. The provisions of this Agreement and the various documents and agreements to be executed and delivered pursuant hereto relating to representations, warranties, indemnities and agreements of Seller or Buyer shall not be altered or modified by the Closing or by Buyer's or Seller's knowledge of any event or Buyer's or Seller's review of any documents or other matters except as expressly provided herein to the contrary.
ARTICLE 9
TAX MATTERS
9.1 Apportionment of Tax Liability.
"Taxes" shall mean all ad valorem, property, production, excise, net proceeds, severance and all other taxes and similar obligations assessed against the Assets or based upon or measured by the ownership of the Assets or the production of Hydrocarbons or the receipt of proceeds therefrom, other than income taxes. All Taxes based on or measured by production of Hydrocarbons shall be deemed attributable to the period during which such production occurred and not attributable to the year in which such Taxes are assessed. The apportionment of Taxes between the Parties shall take place as an adjustment to the Purchase Price pursuant to Sections 2.4 and 13.1 in the Preliminary Settlement Statement for Taxes for which information is available at Closing and in the Final Settlement Statement for all remaining Taxes, using estimates of such Taxes if actual numbers are not available.
Seller agrees to file all tax returns for the period of time prior to the Effective Time, and Buyer agrees to file all tax returns for the period of time after the Effective Time. The Party not filing the return agrees to provide the Party filing the return with appropriate information which is necessary to file any required tax reports and returns related to the Assets. Buyer agrees to file all tax returns and reports applicable to the Assets that are required to be filed after the Closing, and pay all required Taxes payable with respect to the Assets subject to the provisions of Sections 9.1 and 14.4.
Buyer shall be liable for and shall indemnify Seller for, any sales and use taxes, conveyance, transfer and recording fees and real estate transfer stamps or taxes that may be imposed on any transfer of the Assets pursuant to this Agreement. If required by applicable law, Seller shall, in accordance with applicable law, calculate and remit any sales or similar taxes that are required to be paid as a result of the transfer of the Assets to Buyer and Buyer shall promptly reimburse Seller therefor. If Seller receives notice that any sales and/or use taxes are due, Seller shall promptly forward such notice to Buyer for handling.
Buyer and Seller shall cooperate and agree upon allocation of the proceeds for the respective properties and shall agree to file any necessary tax forms with the United States Internal Revenue Service including but not limited to Form 8594.
ARTICLE 10
CONDITIONS PRECEDENT TO CLOSING
10.1 Seller's Conditions Precedent.
The obligations of Seller at the Closing are subject, at the option of Seller, to the satisfaction or waiver at or prior to the Closing of the following conditions precedent:
C. The aggregate value of all Title Defects and Environmental Defects does not exceed $13,250,000.00.
10.2 Buyer's Conditions Precedent.
The obligations of Buyer at the Closing are subject, at the option of Buyer, to the satisfaction or waiver at or prior to the Closing of the following conditions precedent:
C. The aggregate value of all Title Defects and Environmental Defects does not exceed $13,250,000.00; and
D. A recordable release of the Amended and Restated Credit Agreement among EXCO Resources, Inc. and certain of its subsidiaries and XX Xxxxxx Xxxxx, N.A. as Administrative Agent, dated effective March 17, 2006, as amended.
ARTICLE 11
RIGHT OF TERMINATION AND
ABANDONMENT
This Agreement may be terminated in accordance with the following provisions:
D. by either party is there has been no release by Closing of the Amended and Restated Credit Agreement among EXCO Resources, Inc. and certain of its subsidiaries and XX Xxxxxx Chase, N.A. as Administrative Agent, dated effective March 17, 2006, as amended.
11.2 Liabilities Upon Termination.
If Closing does not occur because Buyer wrongfully fails to tender performance at Closing or otherwise breaches this Agreement prior to Closing, and Seller is ready to close, the Escrow Agent shall disburse the Deposit to Seller, together with interest thereon, as liquidated damages. Buyer's failure to close shall not be considered wrongful if Buyer has terminated this Agreement as of right under Section 11.1. The remedy set forth herein shall be Seller's sole and exclusive remedy for Buyer's wrongful failure to close hereunder and Seller expressly waives any and all other remedies, legal and equitable, that it otherwise may have had for Buyer's wrongful failure to close.
If Closing does not occur because Seller wrongfully fails to tender performance at Closing or otherwise breaches this Agreement prior to Closing, and Buyer is ready and otherwise able to close, the Escrow Agent shall return the Deposit, together with interest thereon, to Buyer not later than 15 days after the determination that the Closing will not occur, or Buyer may pursue specific performance, and in any event Buyer shall have all other remedies available to it for Seller's wrongful failure to close hereunder.
ARTICLE 12
CLOSING
The "Closing" of this Transaction shall be held on or before January 4, 2007. The date the Closing actually occurs is called the "Closing Date."
The Closing shall be held at the offices of Seller's counsel, Xxxxx Xxxxxxx Little PC, 1600 Xxxxx Xxxxxx, Xxxxx 0000, Xxxxxx, Xxxxxxxx, 00000 xt 9:00 a.m. or at such other time and place as Buyer and Seller may agree in writing.
At Closing, the following events shall occur, each being a condition precedent to the others and each being deemed to have occurred simultaneously with the others:
C. Seller and Buyer shall execute and deliver the Preliminary Settlement Statement.
E. Buyer and Seller shall execute instructions to the Escrow Agent to wire the funds in the Escrow Account to Seller.
ARTICLE 13
POST-CLOSING OBLIGATIONS
13.1 Post-Closing Adjustments.
A. Final Settlement Statement.
As soon as practicable after the Closing, but in no event later than 90 days after Closing, Seller, with assistance from Buyer's staff, will prepare and deliver to Buyer, in accordance with customary industry accounting practices, the Final Settlement Statement (the "Final Settlement Statement") setting forth each adjustment or payment that was not finally determined as of the Closing and showing the calculation of such adjustment and the resulting final purchase price (the "Final Purchase Price"). As soon as practicable after receipt of the Final Settlement Statement, but in no event later than on or before 30 days after receipt of Seller's proposed Final Settlement Statement, Buyer shall deliver to Seller a written report containing any changes that Buyer proposes to make to the Final Settlement Statement. Buyer's failure to deliver to Seller a written report detailing proposed changes to the Final Settlement Statement by that date shall be deemed an acceptance by Buyer of the Final Settlement Statement as submitted by Seller. The Parties shall agree with respect to the changes proposed by Buyer, if any, no later than 45 days after receipt of Seller's proposed Final Settlement Statement. The date upon which such agreement is reached or upon which the Final Purchase Price is established shall be herein called the "Final Settlement Date." If the Final Purchase Price is more than the Closing Amount, Buyer shall pay Seller the amount of such difference. If the Final Purchase Price is less than the Closing Amount, Seller shall pay to Buyer the amount of such difference. Any payment by Buyer or Seller, as the case may be, shall be made by wire transfer of immediately available funds within 5 days of the Final Settlement Date. Any adjustments requiring additional payment by either Buyer or Seller shall also be made in the same manner.
If the Parties are unable to resolve a dispute as to the Final Purchase Price by 45 days after Buyer's receipt of Seller's proposed Settlement Statement, the Parties shall submit the dispute to binding arbitration to be conducted pursuant to Section 14.7.
Seller shall make the Records available for pick up by Buyer at Closing to the extent possible, but in any event, within five business days after Closing. Seller may retain copies of the Records and Seller shall have the right to review and copy the Records during standard business hours upon reasonable notice for so long as Buyer retains the Records. Buyer agrees that the Records will be maintained in compliance with all applicable laws governing document retention. Buyer will not destroy or otherwise dispose of Records for a period of 6 years after Closing, unless Buyer first gives Seller reasonable notice and an opportunity to copy the Records to be destroyed.
From time to time after Closing, Seller and Buyer shall each execute, acknowledge and deliver to the other such further instruments and take such other action as may be reasonably requested in order to accomplish more effectively the purposes of this Transaction.
ARTICLE 14
ASSUMPTION AND RETENTION OF
OBLIGATIONS AND INDEMNIFICATION
14.1 Buyer's Assumption of Liabilities and Obligations.
Upon Closing, and except for Retained Liabilities and subject to Section 14.5, Buyer shall assume and pay, perform, fulfill and discharge all claims, costs, expenses, liabilities and obligations accruing or relating to (i) the owning, developing, exploring, operating or maintaining of the Assets or the producing, transporting and marketing of Hydrocarbons from the Assets for the period from and after the Effective Time unless specifically stated otherwise below, including, without limitation, the Material Agreements; (ii) the Assumed Environmental Liabilities whether arising before or after the Effective Time; (iii) the obligation to plug and abandon all Xxxxx and reclaim all well sites located on the Lands regardless of when the obligations arose, except for those xxxxx listed in Exhibit E for which Seller shall retain liability as set forth in Section 14.2 below; (iv) the make-up and balancing obligations for gas from the Xxxxx regardless of when the imbalance occurred, and (v) any breach of any representation, warranty, covenant or agreement of Buyer contained in this Agreement (collectively, the "Assumed Liabilities").
14.2 Seller's Retention of Liabilities and Obligations.
Upon Closing and subject to Sections 14.3 and 14.5, Seller retains all claims, costs, expenses, liabilities and obligations accruing or relating to (i) the owning, developing, exploring, operating or maintaining of the Assets or the producing, transporting and marketing of Hydrocarbons from the Assets prior to the Effective Time, except for the Assumed Environmental Liabilities, but including without limitation the payment of royalties, overriding royalties and Taxes attributable to the period of time prior to the Effective Time; (ii) the Retained Environmental Liabilities; (iii) any injury, death, casualty, tortious action or inaction occurring on or attributable to the Assets and attributable to the period of time prior to the Closing Date, (iv) employee-related claims of Seller attributable to the period of time prior to the Closing Date, (v) any breach of any representation, warranty, covenant or agreement of Seller contained in this Agreement, (vi) the Property Expenses attributable to the period of time prior to the Effective Time, and (vii) the obligation to plug and abandon the xxxxx and reclaim all well sites listed in Exhibit E (collectively, the "Retained Liabilities").
At Closing Seller will transfer to Buyer all funds, if any, held by Seller in suspense owing to third parties on account of production from the Assets, together with identification of those funds on a well-by-well, and owner-by-owner basis. Buyer shall assume responsibility for the payment thereof to third parties entitled to the same, to the extent of the funds transferred, and shall indemnify and hold Seller harmless for claims related to or arising out of Buyer's payment, mispayment or failure to make payment of such funds. Seller shall indemnify and hold harmless Buyer for claims related to wrongfully withheld suspended funds attributable to the period of time prior to the Effective Time.
14.4 Proceeds and Invoices for Property Expenses Received After the Settlement Date.
After the Settlement Date, those proceeds attributable to the Assets received by a Party or invoices received for or Property Expenses paid by one Party for or on behalf of the other Party with respect to the Assets which were not already included in the Settlement Statement shall be settled as follows:
Proceeds received by Buyer with respect to sales of Hydrocarbons produced prior to the Effective Time shall be remitted or forwarded to Seller. Proceeds received by Seller with respect to sales of Hydrocarbons produced after the Effective Time shall be forwarded to Buyer.
Invoices for Property Expenses received by Buyer that relate to operations on the Assets prior to the Effective Time shall be forwarded to Seller by Buyer, or if already paid by Buyer, invoiced by Buyer to Seller. Invoices for Property Expenses received by Seller that relate to operations on the Assets after the Effective Time shall be forwarded to Buyer by Seller, or if already paid by Seller, invoiced by Seller to Buyer.
"Losses" shall mean any actual losses, costs, expenses (including court costs, reasonable fees and expenses of attorneys, technical experts and expert witnesses and the cost of investigation), liabilities, damages, demands, suits, claims, and sanctions of every kind and character (including civil fines) arising from, related to or reasonably incident to matters indemnified against.
After the Closing, the Parties shall indemnify each other as follows:
A. Seller's Indemnification of Buyer.
Seller assumes all risk, liability, obligation and Losses in connection with, and shall defend, indemnify, and save and hold harmless Buyer, its officers, directors, employees and agents, from and against all Losses which arise from or in connection with (i) the Retained Liabilities, (ii) any matter for which Seller has agreed to indemnify Buyer under this Agreement, and (iii) any breach by Seller of this Agreement.
B. Buyer's Indemnification of Seller.
Buyer assumes all risk, liability, obligation and Losses in connection with, and shall defend, indemnify, and save and hold harmless Seller, its members, officers, directors, employees and agents, from and against all Losses which arise from or in connection with (i) the Assumed Liabilities, (ii) any matter for which Buyer has agreed to indemnify Seller under this Agreement, and (iii) any breach by Buyer of this Agreement.
Buyer shall be deemed to have released Seller at the Closing from any Losses for which Buyer has agreed to indemnify Seller hereunder, and Seller shall be deemed to have released Buyer at the Closing from any Losses for which Seller has agreed to indemnify Buyer hereunder.
The indemnifications contained in this Agreement shall be implemented as follows:
Such indemnity shall extend to all Losses suffered or incurred by the indemnified Party.
The Party seeking indemnification under the terms of this Agreement ("Indemnified Party") shall submit a written "Claim Notice" to the other Party ("Indemnifying Party") which shall list the amount claimed by an Indemnified Party, the basis for such claim, with supporting documentation, and list each separate item of Loss for which payment is so claimed. The amount claimed shall be paid by the Indemnifying Party to the extent required herein within 30 days after receipt of the Claim Notice, or after the amount of such payment has been finally established, whichever last occurs.
If the Indemnified Party receives notice of a claim or legal action that may result in a Loss for which indemnification may be sought under this Agreement (a "Claim"), the Indemnified Party shall give written notice of such Claim to the Indemnifying Party as soon as is practicable. The Indemnified Party shall furnish the Indemnifying Party with copies of all pleadings and other information with respect to such Claim. At the election of the Indemnifying Party made within 60 days after receipt of such notice, the Indemnified Party shall permit the Indemnifying Party to assume control of such Claim (to the extent only that such Claim, legal action or other matter relates to a Loss for which the Indemnifying Party is liable), including the determination of all appropriate actions, the negotiation of settlements on behalf of the Indemnified Party, and the conduct of litigation through attorneys of the Indemnifying Party's choice; provided, however, that any settlement of the claim by the Indemnifying Party may not result in any liability or cost to the Indemnified Party without its prior written consent. If the Indemnifying Party elects to assume control, (i) any expense incurred by the Indemnified Party thereafter for investigation or defense of the matter shall be borne by the Indemnified Party, and (ii) the Indemnified Party shall give all reasonable information and assistance, other than pecuniary, that the Indemnifying Party shall deem necessary to the proper defense of such Claim. In the absence of such an election, the Indemnified Party will use its best efforts to defend, at the Indemnifying Party's expense, any claim, legal action or other matter to which such other Party's indemnification applies until the Indemnifying Party assumes such defense. If the Indemnifying Party fails to assume such defense within the time period provided above, the Indemnified Party may settle the Claim, in its reasonable discretion at the Indemnifying Party's expense. If such a Claim requires immediate action, both the Indemnified Party and the Indemnifying Party will cooperate in good faith to take appropriate action so as not to jeopardize defense of such Claim or either Party's position with respect to such Claim.
Subject to the provisions of subsection 4.3 above, the Parties agree to resolve all disputes concerning this Agreement pursuant to the provisions of this Section, such disputes to include without limitation (i) the existence and scope of a Title Defect, (ii) the Title Defect Value of that portion of the Asset affected by a Title Defect, (iii) the adequacy of Seller's Title Defect curative materials, (iv) the existence of an Environmental Defect, (v) the Environmental Defect Value, (vi) the adequacy of any remediation actions take with respect to an Environmental Defect, or (vii) disputes concerning a Claim or amount to be paid by an Indemnifying Party (each a "Dispute" and collectively "Disputes"). The Parties agree to submit all Disputes to binding arbitration in Denver, Colorado, such arbitration to be conducted as follows: The arbitration proceeding shall be conducted by the American Arbitration Association in accordance with its commercial rules, with discovery to be conducted in accordance with the Federal Rules of Civil Procedure. The arbitration shall be governed by Colorado law and shall be held in Denver, Colorado. The arbitration shall be before a three-person panel of neutral arbitrators, consisting of one person picked by each side, and the two arbitrators so selected picking the third (with the panel so picked being the "Arbitrators"). Any disputes over the scope of discovery shall be determined by the Arbitrators. The Arbitrators shall conduct a hearing no later than 60 days after submission of the matter to arbitration, and the Arbitrators shall render a written decision within 30 days of the hearing. At the hearing, the Parties shall present such evidence and witnesses as they may choose, with or without counsel. Adherence to formal rules of evidence shall not be required but the Arbitrators shall consider any evidence and testimony that they determine to be relevant, in accordance with procedures that they determine to be appropriate. Any award entered in the arbitration shall be made by a written opinion stating the reasons and basis for the award made and any payment due pursuant to the arbitration shall be made within 15 days of the decision by the Arbitrators. The final decision shall be binding on the Parties, final and non-appealable, and may be filed in a court of competent jurisdiction and may be enforced by any Party as a final judgment of such court. Each Party shall bear its own costs and expenses of the arbitration, provided, however, that the costs of employing the Arbitrators shall be borne 50% by the Seller and 50% by the Buyer.
14.8 No Insurance; Subrogation.
The indemnifications provided in this Agreement shall not be construed as a form of insurance. Buyer and Seller hereby waive for themselves, their respective successors or assigns, including, without limitation, any insurers, any rights to subrogation for Losses for which each of them is respectively liable or against which each respectively indemnifies the other, and, if required by applicable policies, Buyer and Seller shall obtain waiver of such subrogation from their respective insurers.
14.9 Reservation as to Non-Parties.
Nothing herein is intended to limit or otherwise waive any recourse Buyer or Seller may have against any non-Party for any obligations or liabilities that may be incurred with respect to the Assets.
ARTICLE 15
MISCELLANEOUS
All fees, costs and expenses incurred by Buyer or Seller in negotiating this Agreement or in consummating this Transaction shall be paid by the Party incurring the same, including, without limitation, engineering, land, title, legal and accounting fees, costs and expenses.
All notices and communications required or permitted under this Agreement shall be in writing and addressed as set forth below. Any communication or delivery hereunder shall be deemed to have been made and the receiving Party charged with notice when received whether by (i) personal delivery, (ii) telecopy or facsimile transmission, (iii) mail or (iv) overnight courier. All notices shall be addressed as follows:
If to Seller:
EXCO Resources, Inc.
12000 Xxxxx Xxxxx, Xxxxx 0000
Xxxxxx, Xxxxx 00000
Attention: Xxxx Xxxxxx, Vice President of Land
Telephone: (000) 000-0000
Fax: (000) 000-0000
With copies to:
EXCO Resources, Inc.
12000 Xxxxx Xxxxx, Xxxxx 0000
Xxxxxx, Xxxxx 0525
Xxxxxxx X. Boeing, Vice President, General Counsel, and Secretary
Telephone: (000) 000-0000
Fax: (000) 000-0000
If to Buyer:
Xxxxx Xxxxxx
Vice President, Exploration
Petroleum Development Corporation
3800 Xxxxxx Xxxxxx
Xxxxx, Xxxxxxxx 00000
Telephone: (907) 506‑9272
Fax: (907) 506‑9276
With copies to:
Xxxx Xxxxxxx
Executive Vice President, Exploration and Development
Petroleum Development Corporation
100 Xxxx Xxxx Xxxxxx
X.X. Xxx 00
Xxxxxxxxxx, Xxxx Xxxxxxxx 00000
Telephone: (304) 842‑3597
Fax: (304) 842‑0913
Any Party may, by written notice so delivered to the other Party, change the address or individual to which delivery shall thereafter be made.
Except for waivers specifically provided for in this Agreement, this Agreement may not be amended nor any rights hereunder waived except by an instrument in writing signed by the Party to be charged with such amendment or waiver and delivered by such Party to the Party claiming the benefit of such amendment or waiver.
If either Party assigns all or a portion of its rights and obligations under this Agreement, such Party shall remain responsible for all of its obligations under this Agreement, including without limitation, its indemnity obligations. No such assignment or obligation shall increase the burden on the non-assigning Party or impose any duty on the non-assigning Party to communicate with or report to any transferee, and the non-assigning Party may continue to look to the assigning Party for all purposes under this Agreement.
Seller and Buyer shall consult with each other with regard to all press releases and other announcements issued after the date of execution of this Agreement and prior to the Closing Date concerning this Agreement or this Transaction and, except as may be required by applicable laws or the applicable rules and regulations of any governmental agency or stock exchange, Buyer or Seller shall not issue any such press release or other publicity without the prior written consent of the other Party, which consent shall not be unreasonably withheld.
15.6 Counterparts/Fax Signatures.
The Parties may execute this Agreement in any number of counterparts, each of which shall be deemed an original instrument, but all of which together shall constitute one instrument. Facsimile signatures are binding.
This Agreement and this Transaction and any arbitration or dispute resolution conducted pursuant hereto shall be construed in accordance with, and governed by, the laws of the State of Colorado.
This Agreement constitutes the entire understanding among the Parties, their respective members, shareholders, officers, directors and employees with respect to the subject matter hereof, superseding all written or oral negotiations and discussions, and prior agreements and understandings relating to such subject matter. Each Exhibit and Schedule attached to this Agreement is incorporated into this Agreement.
The "knowledge of a Party" shall mean for purposes of this Agreement, the actual, conscious knowledge of the Party at the time the assertion regarding knowledge is made. If the Party is a corporation, or other entity other than a natural person, such actual, conscious knowledge must be on the part of an officer of the corporation.
This Agreement shall be binding upon, and shall inure to the benefit of, the Parties hereto, and their respective successors and assigns.
Seller's representations set forth in Sections 6.1 through 6.6 and Buyer's representations set forth in Sections 7.1 through 7.7 shall survive without limitation as to time. Seller's representations set forth in Sections 6.7 through 6.10 and Section 6.12 through 6.23 shall survive until January 4, 2008. Seller's representation in Section 6.11 shall survive until January 4, 2009. Nothing herein shall affect or terminate Seller's special warranties of title set forth in the assignment delivered at Closing. Except for representations that survive without limitation as to time, or as otherwise provided for in this section, a claim for a breach of a representation or warranty must be made on or before January 4, 2008. Delivery of the Assignment, Xxxx of Sale and Conveyance at the Closing will not constitute a merger of this Agreement with such Assignment.
The Parties shall not have any liability to each other for consequential, punitive or exemplary damages arising out of or related to a Party's acts or omissions.
15.13 No Third-Party Beneficiaries.
This Agreement is intended to benefit only the Parties hereto and their respective permitted successors and assigns. There are no third party beneficiaries to this Agreement.
A condition precedent to the effectiveness of this Agreement is signature by both Buyer and Seller. Unless and until both Buyer and Seller have executed this Agreement, the Agreement will not be legally binding.
15.15 References, Titles and Construction.
All references in this Agreement to Articles, Sections, Subsections and other subdivisions refer to corresponding Articles, Sections, Subsections and other subdivisions of this Agreement unless expressly provided otherwise.
A. Titles appearing at the beginning of any of such Subdivisions are for convenience only and shall not constitute part of such Subdivisions and shall be disregarded in construing the language contained in such Subdivisions.
B. The words "this Agreement", "this instrument", "herein", "hereof", "hereby", "hereunder" and words of similar import refer to this Agreement as a whole and not to any particular subdivision unless expressly so limited.
C. Words in the singular form shall be construed to include the plural and vice versa, unless the context otherwise requires. Pronouns in masculine, feminine and neutral genders shall be construed to include any other gender.
D. Unless the context otherwise requires or unless otherwise provided herein, the terms defined in this Agreement which refer to a particular agreement, instrument or document also refer to and include all renewals, extensions, modifications, amendments or restatements of such agreement, instrument or document, provided that nothing contained in this subsection shall be construed to authorize such renewal, extension, modification, amendment or restatement.
E. Examples shall not be construed to limit, expressly or by implication, the matter they illustrate.
F. The word "or" is not intended to be exclusive and the word "includes" and its derivatives mean "includes, but is not limited to" and corresponding derivative expressions.
G. No consideration shall be given to the fact or presumption that one party had a greater or lesser hand in drafting this Agreement.
H. All references herein to "$" or "dollars" shall refer to U.S. Dollars.
Remainder Of This Page Intentionally Left Blank.
IN WITNESS WHEREOF, this Agreement has been duly executed as of the Effective Time.
SELLER
EXCO Resources, Inc.
By:
X.X. Xxxxxx, Vice President of Land
Date: December 11, 2006
BUYER
Petroleum Development Corporation
By:
Xxxx X. Xxxxxxx, Executive Vice President, Exploration and
Production
Date: December 11, 2006
Exhibit "A"
Attached to and made a part of that Purchase and Sale Agreement dated effective October 1, 2006 between EXCO Resources, Inc., as Seller and Petroleum Development Corporation, as Buyer
1.
2. A-1: LEASES
3.
4. LEASE NUMBER: CO-050007-0001-001
5. LESSOR: XXXXX INVESTMENT COMPANY C/X X XXXXXXXX XXXXX
6. LESSEE: ENERGY MINERALS CORPORATION
7. LEASE DATE: 04/05/1980
8. RECORDED: BOOK PAGE ENTRY STATE COUNTY
9. ------------------------------------------------------------
10. 902 1824066 COLORADO WELD
11. DESCRIPTION:
12. WELD COUNTY, COLORADO
13. TOWNSHIP 5 NORTH, RANGE 63 WEST, SECTION 19:
14. PART OF E/2 NE/4 LYING XXXXX XX XXXXXX XXXX XX XX #00, FROM
15. THE SURFACE DOWN TO STRATAGRAPHIC EQUIVALENT OF 6801 FEET.
16.
17. LEASE NUMBER: CO-050007-0001-002
18. LESSOR: XXXXX XXX XXXX; XXXX XXX XXXX
19. LESSEE: SUNSHINE VALLEY PETROLEUM
20. LEASE DATE: 03/13/1985
21. RECORDED: BOOK PAGE ENTRY STATE COUNTY
22. ------------------------------------------------------------
23. 0000 0000000 COLORADO WELD
24. DESCRIPTION:
25. WELD COUNTY, COLORADO
26. TOWNSHIP 5 NORTH, RANGE 63 WEST, SECTION 19:
27. PART OF E/2 NE/4 LYING XXXXX XX XXXXXX XXXX XX XX #00, FROM
28. THE SURFACE DOWN TO STRATAGRAPHIC EQUIVALENT OF 6801 FEET.
29.
30. LEASE NUMBER: CO-050007-0001-003
31. LESSOR: XXXX X XXXXXX, A WIDOW
32. LESSEE: SUNSHINE VALLEY PETROLEUM
33. LEASE DATE: 03/13/1985
34. RECORDED: BOOK PAGE ENTRY STATE COUNTY
35. ------------------------------------------------------------
36. 0000 0000000 COLORADO WELD
37. DESCRIPTION:
38. WELD COUNTY, COLORADO
39. TOWNSHIP 5 NORTH, RANGE 63 WEST, SECTION 19:
40. PART OF E/2 NE/4 LYING XXXXX XX XXXXXX XXXX XX XX #00, FROM
41. THE SURFACE DOWN TO STRATAGRAPHIC EQUIVALENT OF 6801 FEET.
42.
43. LEASE NUMBER: CO-050007-0001-004
44. LESSOR: XXXX X XXXXXX; XXXXXX XXX XXXXXX
45. LESSEE: SUNSHINE VALLEY PETROLEUM
46. LEASE DATE: 04/17/1985
47. RECORDED: BOOK PAGE ENTRY STATE COUNTY
48. ------------------------------------------------------------
49. 0000 0000000 COLORADO WELD
50. DESCRIPTION:
51. WELD COUNTY, COLORADO
52. TOWNSHIP 5 NORTH, RANGE 63 WEST, SECTION 19:
53. PART OF E/2 NE/4 LYING XXXXX XX XXXXXX XXXX XX XX #00, FROM
54. THE SURFACE DOWN TO STRATAGRAPHIC EQUIVALENT OF 6801 FEET.
55.
56. LEASE NUMBER: CO-050007-0002
57. LESSOR: XXXXXXX X XXXXXXXXXXX, A WIDOW
58. LESSEE: VESSELS OIL & GAS COMPANY
59. LEASE DATE: 05/19/1980
60. RECORDED: BOOK PAGE ENTRY STATE COUNTY
61. ------------------------------------------------------------
62. 0910 1831918 COLORADO WELD
63. DESCRIPTION:
64. WELD COUNTY, COLORADO
65. TOWNSHIP 5 NORTH, RANGE 63 WEST, SECTION 19:
66. PART OF E/2 NE/4 LYING XXXXX XX XXXXXX XXXX XX XX #00, FROM
67. THE SURFACE DOWN TO STRATAGRAPHIC EQUIVALENT OF 6801 FEET.
68.
69. LEASE NUMBER: CO-050007-0003-001
70. LESSOR: XXXX XXXXXXX XX; XXXX X XXXXXXX; XXXXXX X XXXXXXX
71. LESSEE: SUNSHINE VALLEY PETROLEUM CORPORATION
72. LEASE DATE: 12/10/1985
73. RECORDED: BOOK PAGE ENTRY STATE COUNTY
74. ------------------------------------------------------------
75. 0000 0000000 COLORADO WELD
76. DESCRIPTION:
77. WELD COUNTY, COLORADO
78. TOWNSHIP 4 NORTH, RANGE 64 WEST, SECTION 2:
79. NE/4 NE/4 AND NW/4 NE/4
80.
81. LEASE NUMBER: CO-050007-0003-002
82. LESSOR: XXXXXX X XXXXX; XXXXX XXXXX
83. LESSEE: SUNSHINE VALLEY PETROLEUM CORPORATION
84. LEASE DATE: 06/30/1985
85. RECORDED: BOOK PAGE ENTRY STATE COUNTY
86. ------------------------------------------------------------
87. 0000 0000000 COLORADO WELD
88. DESCRIPTION:
89. WELD COUNTY, COLORADO
90. TOWNSHIP 4 NORTH, RANGE 64 WEST, SECTION 2:
91. NW/4 NE/4
92.
93. LEASE NUMBER: CO-050007-0004
94. LESSOR: XXXXX XXXXXXXXX; XXXXX XXXXXXXXX
95. LESSEE: DIAMOND HILL INDUSTRIES INC
96. LEASE DATE: 06/03/1986
97. RECORDED: BOOK PAGE ENTRY STATE COUNTY
98. ------------------------------------------------------------
99. 0000 0000000 COLORADO WELD
100. DESCRIPTION:
101. WELD COUNTY, COLORADO
102. TOWNSHIP 4 NORTH, RANGE 66 WEST, SECTION 7:
103. SW/4 NW/4 AND SE/4 NW/4
104.
105. LEASE NUMBER: CO-050007-0005-001
106. LESSOR: XXXXX X XXXXXXXXX; XXXXX X XXXXXXXXX
107. LESSEE: CORAL GULF EXPLORATION CORPORATION
108. LEASE DATE: 02/18/1982
109. RECORDED: BOOK PAGE ENTRY STATE COUNTY
110. ------------------------------------------------------------
111. 0965 1888405 COLORADO WELD
112. DESCRIPTION:
113. WELD COUNTY, COLORADO
114. TOWNSHIP 3 NORTH, RANGE 67 WEST, SECTION 6:
115. SE/4
116.
117. LEASE NUMBER: CO-050007-0005-002
118. LESSOR: XXX X XXXXXXXXX; XXX XXXXXXXXX
119. LESSEE: CORAL GULF EXPLORATION CORPORATION
120. LEASE DATE: 02/18/1982
121. RECORDED: BOOK PAGE ENTRY STATE COUNTY
122. ------------------------------------------------------------
123. 0965 1888404 COLORADO WELD
124. DESCRIPTION:
125. WELD COUNTY, COLORADO
126. TOWNSHIP 3 NORTH, RANGE 67 WEST, SECTION 6:
127. SE/4
128.
129. LEASE NUMBER: CO-050007-0005-003
130. LESSOR: THE UNION CENTRAL LIFE INSURANCE COMPANY
131. LESSEE: CORAL GULF EXPLORATION CORPORATION
132. LEASE DATE: 10/26/1979
133. RECORDED: BOOK PAGE ENTRY STATE COUNTY
134. ------------------------------------------------------------
135. 0889 1810839 COLORADO WELD
136. DESCRIPTION:
137. WELD COUNTY, COLORADO
138. TOWNSHIP 3 NORTH, RANGE 67 WEST, SECTION 6:
139. SE/4
140.
141. LEASE NUMBER: CO-050007-0006
142. LESSOR: XXXXX XXXXXXXXX; XXXXX XXXXXXXXX
143. LESSEE: XXXXXXX & XXXXXX INC
144. LEASE DATE: 10/22/1986
145. RECORDED: BOOK PAGE ENTRY STATE COUNTY
146. ------------------------------------------------------------
147. 0000 0000000 COLORADO WELD
148. DESCRIPTION:
149. WELD COUNTY, COLORADO
150. TOWNSHIP 4 NORTH, RANGE 67 WEST, SECTION 2:
151. THAT PART OF THE SE/4 SE/4 CONVEYED TO XXXXX XXXXXXXXX AND
152. XXXXX XXXXXXXXX BY QUIT CLAIM DEED FROM THE GREAT WESTERN
153. RAILWAY COMPANY DATED JULY 13, 1971 AND RECORDED IN BOOK
154. 650, RECEPTION NO. 1571551
155.
156. LEASE NUMBER: CO-050007-0007-001
157. LESSOR: XXXX XXXXXXX; XXXXXX X XXXXXXX
158. LESSEE: XXXXXXX & XXXXXX INC
159. LEASE DATE: 10/02/1986
160. RECORDED: BOOK PAGE ENTRY STATE COUNTY
161. ------------------------------------------------------------
162. 0000 0000000 COLORADO WELD
163. DESCRIPTION:
164. WELD COUNTY, COLORADO
165. TOWNSHIP 4 NORTH, RANGE 67 WEST, SECTION 2: E/2 SE/4
166.
167. LEASE NUMBER: CO-050007-0007-002
168. LESSOR: LOYAL O CASE, A SINGLE MAN
169. LESSEE: XXXXXXX & XXXXXX INC
170. LEASE DATE: 10/02/1986
171. RECORDED: BOOK PAGE ENTRY STATE COUNTY
172. ------------------------------------------------------------
173. 0000 0000000 COLORADO WELD
174. DESCRIPTION:
175. WELD COUNTY, COLORADO
176. TOWNSHIP 4 NORTH, RANGE 67 WEST, SECTION 2: E/2 SE/4
177.
178. LEASE NUMBER: CO-050007-0008
179. LESSOR: XXX X XXXXX; XXXXXXXXX X XXXXX
180. LESSEE: XXXXXXX X XXXXXXXX
181. LEASE DATE: 10/08/1986
182. RECORDED: BOOK PAGE ENTRY STATE COUNTY
183. ------------------------------------------------------------
184. 0000 0000000 COLORADO WELD
185. DESCRIPTION:
186. WELD COUNTY, COLORADO
187. TOWNSHIP 4 NORTH, RANGE 67 WEST, SECTION 2:
188. A TRACT OF LAND IN E/2 SE/4, DESCRIBED BY METES & BOUNDS,
189. AND MORE SPECIFICALLY DESCRIBED IN THE LEASE
190.
191. LEASE NUMBER: CO-050007-0009-001
192. LESSOR: XXXXXX XXXXXXX XXXXXXXX; XXXXXXXX MAY XXXXXXXX
193. LESSEE: XXXXXXX XXXX XX
000. LEASE DATE: 12/01/1986
195. RECORDED: BOOK PAGE ENTRY STATE COUNTY
196. ------------------------------------------------------------
197. 0000 0000000 COLORADO WELD
198. DESCRIPTION:
199. WELD COUNTY, COLORADO
200. TOWNSHIP 4 NORTH, RANGE 67 WEST, SECTION 10:
201. SE/4 SE/4, LESS EAST 30 FEET OF SE/4 SE/4, LIMITED IN DEPTH
202. FROM THE SURFACE DOWN TO THE BASE OF THE CODELL FORMATION.
203.
204. LEASE NUMBER: CO-050007-0009-002
205. LESSOR: XXXXXX X XXXXXXXX
206. LESSEE: XXXXXXX XXXX XX
000. LEASE DATE: 12/01/1986
208. RECORDED: BOOK PAGE ENTRY STATE COUNTY
209. ------------------------------------------------------------
210. 0000 0000000 COLORADO WELD
211. DESCRIPTION:
212. WELD COUNTY, COLORADO
213. TOWNSHIP 4 NORTH, RANGE 67 WEST, SECTION 10:
214. SE/4 SE/4, LESS EAST 30 FEET OF SE/4 SE/4, LIMITED IN DEPTH
215. FROM THE SURFACE DOWN TO THE BASE OF THE CODELL FORMATION.
216.
217. LEASE NUMBER: CO-050007-0009-003
218. LESSOR: XXXXX X XXXXX; XXXXXXXX X XXXXX
219. LESSEE: X X XXXX
220. LEASE DATE: 04/02/1970
221. RECORDED: BOOK PAGE ENTRY STATE COUNTY
222. ------------------------------------------------------------
223. 0624 1546307 COLORADO WELD
224. DESCRIPTION:
225. WELD COUNTY, COLORADO
226. TOWNSHIP 4 NORTH, RANGE 67 WEST, SECTION 10:
227. SE/4 SE/4, LESS EAST 30 FEET OF SE/4 SE/4, LIMITED IN DEPTH
228. FROM THE SURFACE DOWN TO THE BASE OF THE CODELL FORMATION; AND
229. NE/4 SE/4, LIMITED IN DEPTH FROM THE SURFACE TO BASE OF THE
230. CODELL FORMATION; AND
231. SE/4 NE/4, LIMITED IN DEPTH FROM THE SURFACE TO BASE OF THE
232. CODELL FORMATION.
233.
234. LEASE NUMBER: CO-050007-0010
235. LESSOR: WELD COUNTY COLORADO
236. LESSEE: XXXXXXX & XXXXXX INC
237. LEASE DATE: 12/10/1986
238. RECORDED: BOOK PAGE ENTRY STATE COUNTY
239. ------------------------------------------------------------
240. 0000 0000000 COLORADO WELD
241. DESCRIPTION:
242. WELD COUNTY, COLORADO
243. TOWNSHIP 4 NORTH, RANGE 67 WEST, SECTION 10:
244. THE EAST 30 FEET OF THE SE/4 SE/4
245.
246. LEASE NUMBER: CO-050007-0011
247. LESSOR: XXXXXX X XXXXXX; XXX X XXXXXX
248. LESSEE: CORAL GULF EXPLORATION CORPORATION
249. LEASE DATE: 05/09/1985
250. RECORDED: BOOK PAGE ENTRY STATE COUNTY
251. ------------------------------------------------------------
252. 0000 0000000 COLORADO WELD
253. DESCRIPTION:
254. WELD COUNTY, COLORADO
255. TOWNSHIP 4 NORTH, RANGE 67 WEST, SECTION 10: W/2 SE/4
256.
257. LEASE NUMBER: CO-050007-0012
258. LESSOR: XXXXXXX X XXXXX; XXXXXXX X XXXXX; XXXXX X XXXXX; XXXX
259. XXXXX; XXXXXXX X XXXXX; XXXXX XXXXX; XXXXX X XXXXX
260. LESSEE: CORAL GULF EXPLORATION CORPORATION
261. LEASE DATE: 03/15/1985
262. RECORDED: BOOK PAGE ENTRY STATE COUNTY
263. ------------------------------------------------------------
264. 0000 0000000 COLORADO WELD
265. DESCRIPTION:
266. WELD COUNTY, COLORADO
267. TOWNSHIP 4 NORTH, RANGE 67 WEST, SECTION 10: SW/4
268.
269. LEASE NUMBER: CO-050007-0013
270. LESSOR: XXXXXX XXXXX; XXX XXXXX
271. LESSEE: XXXXXXX & XXXXXX INC
272. LEASE DATE: 07/28/1986
273. RECORDED: BOOK PAGE ENTRY STATE COUNTY
274. ------------------------------------------------------------
275. 0000 0000000 COLORADO WELD
276. DESCRIPTION:
277. WELD COUNTY, COLORADO
278. TOWNSHIP 4 NORTH, RANGE 67 WEST, SECTION 14:
279. A TRACT IN THE NW/4 SW/4, DESCRIBED IN METES & BOUNDS, MORE
280. FULLY DESCRIBED IN WARRANTY DEED, RECORDED IN BOOK 545,
281. RECEPTION NO. 1466511
282.
283. LEASE NUMBER: CO-050007-0014-001
284. LESSOR: XXXXXX X XXXXX; XXXXX XXXXX; XXXXXX XXXXX
285. LESSEE: XXXXXXX & XXXXXX INC
286. LEASE DATE: 07/28/1986
287. RECORDED: BOOK PAGE ENTRY STATE COUNTY
288. ------------------------------------------------------------
289. 1123 2064563 COLORADO WELD
290. DESCRIPTION:
291. WELD COUNTY, COLORADO
292. TOWNSHIP 4 NORTH, RANGE 67 WEST, SECTION 14:
293. W/2 SW/4, LESS AND EXCEPT, A TRACT IN THE NW/4 SW/4,
294. DESCRIBED IN METES & BOUNDS, MORE FULLY DESCRIBED IN
295. WARRANTY DEED, RECORDED IN BOOK 545, RECEPTION NO. 1466511,
296. WELD COUNTY, COLORADO RECORDS (CONTAINING 4.82 ACRES MORE
297. OR LESS)
298.
299. LEASE NUMBER: CO-050007-0014-002
300. LESSOR: XXXXXXX X XXXXX; A/K/A XXXXXXX XXXXX; F/K/A XXXXXXX M
301. XXXXXX; F/K/A XXXXXXX XXXXXX, A SINGLE WOMAN
302. LESSEE: FUEL RESOURCES DEVELOPMENT COMPANY
303. LEASE DATE: 11/29/1983
304. RECORDED: BOOK PAGE ENTRY STATE COUNTY
305. ------------------------------------------------------------
306. 1015 1950207 COLORADO WELD
307. DESCRIPTION:
308. WELD COUNTY, COLORADO
309. TOWNSHIP 4 NORTH, RANGE 67 WEST, SECTION 14:
310. W/2 SW/4, LESS AND EXCEPT, A TRACT IN THE NW/4 SW/4,
311. DESCRIBED IN METES & BOUNDS, MORE FULLY DESCRIBED IN
312. WARRANTY DEED, RECORDED IN BOOK 545, RECEPTION NO. 1466511,
313. WELD COUNTY, COLORADO RECORDS (CONTAINING 4.82 ACRES MORE
314. OR LESS)
315.
316. LEASE NUMBER: CO-050007-0015-001
317. LESSOR: XXXXX XXXXX XXXXX A/K/A XXXXX XXXXX, A WIDOW
318. LESSEE: CORAL GULF EXPLORATION CORPORATION
319. LEASE DATE: 09/19/1979
320. RECORDED: BOOK PAGE ENTRY STATE COUNTY
321. ------------------------------------------------------------
322. 0889 1810823 COLORADO WELD
323. DESCRIPTION:
324. WELD COUNTY, COLORADO
325. TOWNSHIP 4 NORTH, RANGE 67 WEST
326. SECTION 17: A TRACT OF LAND IN THE N/2 NE/4 AND A TRACT OF
327. LAND IN THE S/2 NE/4, DESCRIBED IN METES & BOUNDS, MORE
328. PARTICULARLY DESCRIBED IN THE LEASE; AND
329. SECTION 20: E/2, LESS A 9.24 ACRE TRACT
330.
331. LEASE NUMBER: CO-050007-0015-002
332. LESSOR: XXXXXX X XXXXXX, A MARRIED MAN DEALING IN HIS SOLE AND
333. SEPARATE PROPERTY
334. LESSEE: CORAL GULF EXPLORATION CORPORATION
335. LEASE DATE: 09/06/1979
336. RECORDED: BOOK PAGE ENTRY STATE COUNTY
337. ------------------------------------------------------------
338. 0889 1810822 COLORADO WELD
339. DESCRIPTION:
340. WELD COUNTY, COLORADO
341. TOWNSHIP 4 NORTH, RANGE 67 WEST
342. SECTION 17: A TRACT OF LAND IN THE N/2 NE/4 AND A TRACT OF
343. LAND IN THE S/2 NE/4, DESCRIBED IN METES & BOUNDS, AND MORE
344. SPECIFICALLY DESCRIBED IN THE LEASE
345.
346. LEASE NUMBER: CO-050007-0015-003
347. LESSOR: XXXXXX X XXXXX; XXXXX XXXXX
348. LESSEE: XXXXXXX & XXXXXX INC
349. LEASE DATE: 09/19/1979
350. RECORDED: BOOK PAGE ENTRY STATE COUNTY
351. ------------------------------------------------------------
352. 0889 1810824 COLORADO WELD
353. DESCRIPTION:
354. WELD COUNTY, COLORADO
355. TOWNSHIP 4 NORTH, RANGE 67 WEST
356. SECTION 17: A TRACT OF LAND IN THE SE/4 NE/4, DESCRIBED IN
357. METES & BOUNDS, AND MORE SPECIFICALLY DESCRIBED IN THE
358. LEASE; AND
359. SECTION 20: E/2, LESS A 9.24 ACRE TRACT OF LAND.
360.
361. LEASE NUMBER: CO-050007-0016
362. LESSOR: IONA R COMING, A WIDOW
363. LESSEE: CORAL GULF EXPLORATION CORPORATION
364. LEASE DATE: 10/01/1984
365. RECORDED: BOOK PAGE ENTRY STATE COUNTY
366. ------------------------------------------------------------
367. 1045 1984364 COLORADO WELD
368. DESCRIPTION:
369. WELD COUNTY, COLORADO
370. TOWNSHIP 4 NORTH, RANGE 67 WEST
371. SECTION 17: N/2 NE/4, LESS A TRACT OF LAND IN N/2 NE/4,
372. AND S/2 NE/4, LESS TRACTS OF LAND IN THE S/2 NE/4,
373. DESCRIBED IN METES & BOUNDS, AND MORE PARTICULARLY
374. DESCRIBED IN THE LEASE.
375.
376. LEASE NUMBER: CO-050007-0017
377. LESSOR: GREAT WESTERN RAILWAY COMPANY
378. LESSEE: DISCOVERY OIL LTD
379. LEASE DATE: 02/23/1984
380. RECORDED: BOOK PAGE ENTRY STATE COUNTY
381. ------------------------------------------------------------
382. 1031 1968527 COLORADO WELD
383. DESCRIPTION:
384. WELD COUNTY, COLORADO
385. TOWNSHIP 4 NORTH, RANGE 67 WEST
386. SECTION 17: 80 FOOT STRIP IN THE SE/4 NE/4, LIMITED DEPTH
387. - FROM THE SURFACE DOWN TO THE STRATIGRAPHIC EQUIVALENT OF
388. 7,300 FEET
389.
390. LEASE NUMBER: CO-050007-0018
391. LESSOR: XXXXXXX FARMS, A GENERAL PARTNERSHIP
392. LESSEE: XXXXXXX & XXXXXX INC
393. LEASE DATE: 12/21/1984
394. RECORDED: BOOK PAGE ENTRY STATE COUNTY
395. ------------------------------------------------------------
396. 1053 1993387 COLORADO WELD
397. DESCRIPTION:
398. WELD COUNTY, COLORADO
399. TOWNSHIP 4 NORTH, RANGE 67 WEST
400. SECTION 18: NW/4 NE/4 AND PART OF THE S/2 NE/4 AND NE/4
401. NE/4, ALL LYING NORTH OF CENTER LINE OF LITTLE XXXXXXXX
402. RIVER
403. LEASE NUMBER: CO-050007-0019
404. LESSOR: XXXXX X XXXXXX, A WIDOW
405. LESSEE: CORAL GULF EXPLORATION CORPORATION
406. LEASE DATE: 09/13/1979
407. RECORDED: BOOK PAGE ENTRY STATE COUNTY
408. ------------------------------------------------------------
409. 0889 1810819 COLORADO WELD
410. DESCRIPTION:
411. WELD COUNTY, COLORADO
412. TOWNSHIP 4 NORTH, RANGE 67 WEST
413. SECTION 18: PART OF THE S/2 NE/4, LYING SOUTH OF THE
414. CENTER LINE OF LITTLE XXXXXXXX RIVER, AND PART OF THE E/2
415. SE/4, DESCRIBED IN METES & BOUNDS, MORE PARTICULARLY
416. DESCRIBED IN THE LEASE.
417.
418. LEASE NUMBER: CO-050007-0020-001
419. LESSOR: XXXXXXX A EVERY; E XXXX EVERY
420. LESSEE: CORAL GULF EXPLORATION CORPORATION
421. LEASE DATE: 08/17/1979
422. RECORDED: BOOK PAGE ENTRY STATE COUNTY
423. ------------------------------------------------------------
424. 0889 1810821 COLORADO WELD
425. DESCRIPTION:
426. WELD COUNTY, COLORADO
427. TOWNSHIP 4 NORTH, RANGE 67 WEST
428. SECTION 18: 45.12 ACRES OUT OF THE E/2 SE/4, DESCRIBED IN
429. METES & BOUNDS, MORE PARTICULARLY DESCRIBED IN THE LEASE
430.
431. LEASE NUMBER: CO-050007-0020-002
432. LESSOR: UNITED BANK OF GREELEY AS TRUSTEE UNDER THE XXXXXXX B AND
433. XXXXXXX XXXXXX TRUST
434. LESSEE: CORAL GULF EXPLORATION CORPORATION
435. LEASE DATE: 09/26/1979
436. RECORDED: BOOK PAGE ENTRY STATE COUNTY
437. ------------------------------------------------------------
438. 0889 1810820 COLORADO WELD
439. DESCRIPTION:
440. WELD COUNTY, COLORADO
441. TOWNSHIP 4 NORTH, RANGE 67 WEST
442. SECTION 18: 45.12 ACRES OUT OF E/2 SE/4, DESCRIBED IN
443. METES & BOUNDS, MORE PARTICULARLY DESCRIBED IN THE LEASE
444.
445. LEASE NUMBER: CO-050007-0021
446. LESSOR: XXXXX X XXXXXXXX
447. LESSEE: XXXXXXX & XXXXXX INC
448. LEASE DATE: 09/24/1984
449. RECORDED: BOOK PAGE ENTRY STATE COUNTY
450. ------------------------------------------------------------
451. 1056 1995867 COLORADO WELD
452. DESCRIPTION:
453. WELD COUNTY, COLORADO
454. TOWNSHIP 4 NORTH, RANGE 67 WEST,
455. SECTION19: 2.5 ACRE TRACT IN THE S/2 SW/4, DESCRIBED IN
456. METES AND BOUNDS; AND
457. SECTION 30: 12.8 ACRE TRACT IN THE N/2 NW/4, DESCRIBED IN
458. METES AND BOUNDS
459.
460. LEASE NUMBER: CO-050007-0022
461. LESSOR: XXXXXXX X XXXXXXXX BY XXXX X XXXXXXXX AIF
462. LESSEE: CORAL GULF EXPLORATION CORP
463. LEASE DATE: 08/31/1979
464. RECORDED: BOOK PAGE ENTRY STATE COUNTY
465. ------------------------------------------------------------
466. 0889 1810816 COLORADO WELD
467. DESCRIPTION:
468. WELD COUNTY, COLORADO
469. TOWNSHIP 4 NORTH, RANGE 67 WEST,
470. SECTION19: TRACT IN THE S/2 SW/4, DESCRIBED IN METES AND
471. BOUNDS, LESS AND EXCEPT THE XXXXXXXX RESERVOIR; AND
472. SECTION 30: TRACT IN THE N/2 NW/4, DESCRIBED IN METES AND
473. BOUNDS, LESS AND EXCEPT THE XXXXXXXX RESERVOIR
474.
475. LEASE NUMBER: CO-050007-0023
476. LESSOR: XXXXXX XXXXX; XXXXXX X XXXXX; XXXXXXX X XXXXX ALL AS
477. TRUSTEES
478. LESSEE: CORAL GULF EXPLORATION CORP
479. LEASE DATE: 08/31/1979
480. RECORDED: BOOK PAGE ENTRY STATE COUNTY
481. ------------------------------------------------------------
482. 0889 1810815 COLORADO WELD
483. DESCRIPTION:
484. WELD COUNTY, COLORADO
485. TOWNSHIP 4 NORTH, RANGE 67 WEST,
486. SECTION 19: SOUTH 6 FEET OF SE/4 (1 ACRE M/L)
487. SECTION 20: N/2 NW/4 AND S/2 NW/4; AND
488. SECTION 30: N/2 NE/4, NE/4 SE/4, SE/4 NE/4 AND NE/4 SE/4,
489. SE/4 NE/4, N/2 NE/4, LESS .5 ACRES IN THE NW/4 NE/4, SEE
490. LEASE FOR A MORE SPECIFIC DESCRIPTION
491.
492. LEASE NUMBER: CO-050007-0024
493. LESSOR: GREAT WESTERN RAILWAY COMPANY
494. LESSEE: XXXXXXX & XXXXXX INC
495. LEASE DATE: 06/24/1985
496. RECORDED: BOOK PAGE ENTRY STATE COUNTY
497. ------------------------------------------------------------
498. 0000 0000000 COLORADO WELD
499. DESCRIPTION:
500. WELD COUNTY, COLORADO
501. TOWNSHIP 4 NORTH, RANGE 67 WEST
502. SECTION 20: A 9.24 ACRE TRACT IN THE E/2, LIMITED IN DEPTH
503. FROM THE SURFACE TO 7,406 FEET.
504.
505. LEASE NUMBER: CO-050007-0025
506. LESSOR: XXXXXXX X XXXXXXX; XXXXX X XXXXXXX; XXXXXXX X XXXXXXX;
507. XXXXX XXXXXXX; XXXXXXX XXXX, SUCCESSOR TRUSTEE FOR XXXXXXX
508. X XXXXXXX; XXXXXXX WELD FARMS A GENERAL PARTNERSHIP; XXXXX
509. F XXXXXX; XXXXXX XXXXX XXXXXX
510. LESSEE: XXXXXXX & XXXXXX INC
511. LEASE DATE: 11/13/1985
512. RECORDED: BOOK PAGE ENTRY STATE COUNTY
513. ------------------------------------------------------------
514. 0000 0000000 COLORADO WELD
515. DESCRIPTION:
516. WELD COUNTY, COLORADO
517. TOWNSHIP 4 NORTH, RANGE 67 WEST,
518. SECTION 28: N/2, LIMITED IN DEPTH FROM THE SURFACE TO 7,455
519. FEET
520.
521. LEASE NUMBER: CO-050007-0026
522. LESSOR: THE GREAT WESTERN RAILWAY COMPANY
523. LESSEE: XXXXXXX & XXXXXX INC
524. LEASE DATE: 07/26/1985
525. RECORDED: BOOK PAGE ENTRY STATE COUNTY
526. ------------------------------------------------------------
527. 0000 0000000 COLORADO WELD
528. DESCRIPTION:
529. WELD COUNTY, COLORADO
530. TOWNSHIP 4 NORTH, RANGE 67 WEST
531. SECTION 30: S/2 NE/4 (3.66 AC), NW/4 SE/4 (2.79 AC) AND
532. SE/4 SW/4 (2.27 AC), ALL LIMITED IN DEPTH FROM THE SURFACE
533. TO 7,411 FEET, CONTAINING 8.72 TOTAL ACRES
534.
535. LEASE NUMBER: CO-050007-0027
536. LESSOR: XXXXXX X XXXXXXX BY XXXXXXX X XXXXXXX AND XXXXX X XXXXXXX,
537. ATTORNEYS IN FACT; XXXXX X XXXXXXX, WIFE OF X X XXXXXXX, D
538. XXXXXX XXXXXXX AND XXXXXXX XXXXXXX, HUSBAND AND WIFE; XXXXX
539. F XXXXXX AND XXXXXX XXXXX XXXXXX, WIFE AND HUSBAND
540. LESSEE: CORAL GULF EXPLORATION COMPANY
541. LEASE DATE: 11/13/1979
542. RECORDED: BOOK PAGE ENTRY STATE COUNTY
543. ------------------------------------------------------------
544. 889 1810783 COLORADO WELD
545. DESCRIPTION:
546. WELD COUNTY, COLORADO
547. TOWNSHIP 4 NORTH, RANGE 67 WEST,
548. SECTION 30: S/2 NW/4 AND SW/4, CONTAINING 234.00 ACRES,
549. MORE OR LESS
550.
551. LEASE NUMBER: CO-050007-0028
552. LESSOR: THE GREAT WESTERN RAILWAY COMPANY
553. LESSEE: XXXXXXX & XXXXXX INC
554. LEASE DATE: 12/18/1984
555. RECORDED: BOOK PAGE ENTRY STATE COUNTY
556. ------------------------------------------------------------
557. 0000 0000000 COLORADO WELD
558. DESCRIPTION:
559. WELD COUNTY, COLORADO
560. TOWNSHIP 4 NORTH, RANGE 67 WEST
561. SECTION 30: A .349 ACRE TRACT IN THE SW/4 SE/4, LIMITED IN
562. DEPTH FROM THE SURFACE TO 7,411 FEET
563.
564. LEASE NUMBER: CO-050007-0029
565. LESSOR: THE GREAT WESTERN RAILWAY COMPANY
566. LESSEE: XXXXXXX & XXXXXX INC
567. LEASE DATE: 12/18/1984
568. RECORDED: BOOK PAGE ENTRY STATE COUNTY
569. ------------------------------------------------------------
570. 0000 0000000 COLORADO WELD
571. DESCRIPTION:
572. WELD COUNTY, COLORADO
573. TOWNSHIP 4 NORTH, RANGE 67 WEST
574. SECTION 31: A 3.949 ACRE TRACT IN THE SW/4NW/4, LIMITED IN
575. DEPTH FROM THE SURFACE TO 7,458 FEET
576.
577. LEASE NUMBER: CO-050007-0030
578. LESSOR: XXXXX X XXXXXXXX ; XXXXXXX B FOE AS TENANTS IN COMMON
579. LESSEE: XXXXXXX & XXXXXX INC
580. LEASE DATE: 07/26/1983
581. RECORDED: BOOK PAGE ENTRY STATE COUNTY
582. ------------------------------------------------------------
583. 1003 1935012 COLORADO WELD
584. DESCRIPTION:
585. WELD COUNTY, COLORADO
586. TOWNSHIP 5 NORTH, RANGE 67 WEST,
587. SECTION 10: NW/4 SE/4, SE/4 NW/4 AND NE/4 NW/4, SW/4 NE/4,
588. NW/4 SW/4
589.
590. LEASE NUMBER: CO-050007-0031-001
591. LESSOR: XXXXXX X XXXXXX F/K/A XXXXXX XXXXXXX, A MARRIED WOMAN
592. DEALING IN HER SOLE AND SEPARATE PROPERTY
593. LESSEE: XXXXXXX & XXXXXX INC
594. LEASE DATE: 08/30/1983
595. RECORDED: BOOK PAGE ENTRY STATE COUNTY
596. ------------------------------------------------------------
597. 1008 1941984 COLORADO WELD
598. DESCRIPTION:
599. WELD COUNTY, COLORADO
600. TOWNSHIP 5 NORTH, RANGE 67 WEST,
601. SECTION 10: E/2 NE/4, LESS AND EXCEPT THE NORTH 264 FEET
602. OF THE EAST 205 FEET THEREOF.
603.
604. LEASE NUMBER: CO-050007-0031-002
605. LESSOR: XXXXX X XXXXXXXX, A WIDOWER
606. LESSEE: XXXXXXX & XXXXXX INC
607. LEASE DATE: 08/30/1983
608. RECORDED: BOOK PAGE ENTRY STATE COUNTY
609. ------------------------------------------------------------
610. 1008 1941983 COLORADO WELD
611. DESCRIPTION:
612. WELD COUNTY, COLORADO
613. TOWNSHIP 5 NORTH, RANGE 67 WEST,
614. SECTION 10: E/2 NE/4, LESS AND EXCEPT THE NORTH 264 FEET
615. OF THE EAST 205 FEET THEREOF.
616.
617. LEASE NUMBER: CO-050007-0031-003
618. LESSOR: XXXXXXX XXXXXX, A WIDOW
619. LESSEE: XXXXXXX & XXXXXX INC
620. LEASE DATE: 08/30/1983
621. RECORDED: BOOK PAGE ENTRY STATE COUNTY
622. ------------------------------------------------------------
623. 1008 1941985 COLORADO WELD
624. DESCRIPTION:
625. WELD COUNTY, COLORADO
626. TOWNSHIP 5 NORTH, RANGE 67 WEST,
627. SECTION 10: E/2 NE/4, LESS AND EXCEPT THE NORTH 264 FEET
628. OF THE EAST 205 FEET THEREOF.
629.
630. LEASE NUMBER: CO-050007-0032
631. LESSOR: XXXXXX XXXXXXX; XXXXXXX XXXXXXX; XXXXXX XXXXXXX; XXXXX M
632. XXXXXXX
633. LESSEE: XXXXXX X XXXXXX
634. LEASE DATE: 04/01/1982
635. RECORDED: BOOK PAGE ENTRY STATE COUNTY
636. ------------------------------------------------------------
637. 0969 1893202 COLORADO WELD
638. DESCRIPTION:
639. WELD COUNTY, COLORADO
640. TOWNSHIP 5 NORTH, RANGE 67 WEST,
641. SECTION 18: PART OF THE SW/4, CONTAINING 73.80 ACRES
642.
643. LEASE NUMBER: CO-050007-0033
644. LESSOR: XXXXXXXX PETROLEUM COMPANY
645. LESSEE: XXXXXXX & XXXXXX INC
646. LEASE DATE: 11/05/1983
647. RECORDED: BOOK PAGE ENTRY STATE COUNTY
648. ------------------------------------------------------------
649. 1043 1982069 COLORADO WELD
650. DESCRIPTION:
651. WELD COUNTY, COLORADO
652. TOWNSHIP 5 NORTH, RANGE 67 WEST,
653. SECTION 18: A TRACT IN THE NE/4 SE/4, CONTAINING 4.20
654. ACRES, LIMITED IN DEPTH FROM THE SURFACE TO 7,292 FEET
655.
656. LEASE NUMBER: CO-050007-0034
657. LESSOR: XXXXXXX FARMS, A PARTNERSHIP
658. LESSEE: XXXXXX X XXXXXX
659. LEASE DATE: 04/01/1982
660. RECORDED: BOOK PAGE ENTRY STATE COUNTY
661. ------------------------------------------------------------
662. 0969 1893201 COLORADO WELD
663. DESCRIPTION:
664. WELD COUNTY, COLORADO
665. TOWNSHIP 5 NORTH, RANGE 67 WEST,
666. SECTION 18: PART OF THE NE/4 SE/4, CONTAINING 21.70 ACRES
667.
668. LEASE NUMBER: CO-050007-0035
669. LESSOR: XXXXXX X XXXXXXXX, A MARRIED MAN DEALING IN HIS SOLE &
670. SEPARATE PROPERTY
671. LESSEE: MARINE PETROLEUM COMPANY
672. LEASE DATE: 11/16/1981
673. RECORDED: BOOK PAGE ENTRY STATE COUNTY
674. ------------------------------------------------------------
675. 0956 1878341 COLORADO WELD
676. DESCRIPTION:
677. WELD COUNTY, COLORADO
678. TOWNSHIP 5 NORTH, RANGE 67 WEST,
679. SECTION 21: A TRACT OF LAND IN THE SW/4, CONTAINING 105.9
680. ACRES
681.
682. LEASE NUMBER: CO-050007-0036
683. LESSOR: EDWIEN XXXXXXXX
684. LESSEE: MARINE PETROLEUM COMPANY
685. LEASE DATE: 11/16/1981
686. RECORDED: BOOK PAGE ENTRY STATE COUNTY
687. ------------------------------------------------------------
688. 0956 1878342 COLORADO WELD
689. DESCRIPTION:
690. WELD COUNTY, COLORADO
691. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
000. SECTION 21: A TRACT OF LAND IN THE SW/4, CONTAINING 56.3 ACRES
693.
694. LEASE NUMBER: CO-050007-0037-001
695. LESSOR: XXXXXX XXXXXX XXXXXX
696. LESSEE: XXXXXX X XX XXXX
000. LEASE DATE: 10/31/1979
698. RECORDED: BOOK PAGE ENTRY STATE COUNTY
699. ------------------------------------------------------------
700. 0890 1811694 COLORADO WELD
701. DESCRIPTION:
702. WELD COUNTY, COLORADO
703. TOWNSHIP 5 NORTH, RANGE 67 WEST,
704. SECTION 27: E/2 SE/4
705. SECTION 34: NE/4 NE/4
706. ALL LIMITED IN DEPTH FROM THE SURFACE DOWN TO 7,292 FEET
707.
708. LEASE NUMBER: CO-050007-0037-002
709. LESSOR: VIRGINIA XXXXXX XXXXX
710. LESSEE: XXXXXX X XX XXXX
000. LEASE DATE: 10/31/1979
712. RECORDED: BOOK PAGE ENTRY STATE COUNTY
713. ------------------------------------------------------------
714. 0894 1815551 COLORADO WELD
715. DESCRIPTION:
716. WELD COUNTY, COLORADO
717. TOWNSHIP 5 NORTH, RANGE 67 WEST,
718. SECTION 27: E/2 SE/4
719. SECTION 34: NE/4 NE/4
720. ALL LIMITED IN DEPTH FROM THE SURFACE TO 7,292 FEET
721.
722. LEASE NUMBER: CO-050007-0038
723. LESSOR: XXXXXX X XXXXXX; XXXXXXXX XXX XXXXXX
724. LESSEE: CORAL GULF EXPLORATION CORPORATION
725. LEASE DATE: 02/21/1980
726. RECORDED: BOOK PAGE ENTRY STATE COUNTY
727. ------------------------------------------------------------
728. 897 1819182 COLORADO WELD
729. DESCRIPTION:
730. WELD COUNTY, COLORADO
731. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
000. SECTION 28: W/2 W/2, LESS AND EXCEPT A 1 ACRE TRACT
733.
734. LEASE NUMBER: CO-050007-0039
735. LESSOR: XXXXXXXX PETROLEUM COMPANY
736. LESSEE: CORAL GULF EXPLORATION CORPORATION
737. LEASE DATE: 01/13/1984
738. RECORDED: BOOK PAGE ENTRY STATE COUNTY
739. ------------------------------------------------------------
740. 1023 1959306 COLORADO WELD
741. DESCRIPTION:
742. WELD COUNTY, COLORADO
743. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
000. SECTION 28: A TRACT IN THE NE/4 SW/4, CONTAINING 0.32
745. ACRES, LIMITED IN DEPTH FROM THE SURFACE TO 7,188 FEET
746.
747. LEASE NUMBER: CO-050007-0040
748. LESSOR: XXXXXXXX PETROLEUM COMPANY
749. LESSEE: XXXXXXX & XXXXXX INC
750. LEASE DATE: 01/16/1984
751. RECORDED: BOOK PAGE ENTRY STATE COUNTY
752. ------------------------------------------------------------
753. 1046 1985522 COLORADO WELD
754. DESCRIPTION:
755. WELD COUNTY, COLORADO
756. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
000. SECTION 28: A TRACT IN THE NE/4 SW/4, CONTAINING 2.37
758. ACRES, LIMITED IN DEPTH FROM THE SURFACE TO 7,188 FEET
759.
760. LEASE NUMBER: CO-050007-0041
761. LESSOR: XXXXXXX X XXXXXX; XXXXXXXX XXXXXX
762. LESSEE: CORAL GULF EXPLORATION CORPORATION
763. LEASE DATE: 02/28/1980
764. RECORDED: BOOK PAGE ENTRY STATE COUNTY
765. ------------------------------------------------------------
766. 897 1819177 COLORADO WELD
767. DESCRIPTION:
768. WELD COUNTY, COLORADO
769. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
000. SECTION 28: E/2 W/2, LESS 4 TRACTS CONTAINING 12.93 ACRES
771.
772. LEASE NUMBER: CO-050007-0042
773. LESSOR: XXXXXXXX PETROLEUM COMPANY
774. LESSEE: CORAL GULF EXPLORATION CORPORATION
775. LEASE DATE: 01/13/1984
776. RECORDED: BOOK PAGE ENTRY STATE COUNTY
777. ------------------------------------------------------------
778. 1023 1959308 COLORADO WELD
779. DESCRIPTION:
780. WELD COUNTY, COLORADO
781. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
000. SECTION 28: A TRACT IN THE SE/4 SW/4, CONTAINING 7.73
783. ACRES, LIMITED IN DEPTH FROM THE SURFACE TO 7,188 FEET
784.
785. LEASE NUMBER: CO-050007-0043
786. LESSOR: XXXXXXXX PETROLEUM COMPANY
787. LESSEE: XXXXXXX & XXXXXX INC
788. LEASE DATE: 01/16/1984
789. RECORDED: BOOK PAGE ENTRY STATE COUNTY
790. ------------------------------------------------------------
791. 1046 1985523 COLORADO WELD
792. DESCRIPTION:
793. WELD COUNTY, COLORADO
794. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
000. SECTION 28: A TRACT IN THE SE/4 SW/4, CONTAINING 2.51
796. ACRES, LIMITED IN DEPTH FROM THE SURFACE TO 7,188 FEET
797.
798. LEASE NUMBER: CO-050007-0044
799. LESSOR: XXXXX X XXXXXXXX; XXXXX X XXXXXXXX
800. LESSEE: XXXXXX X XXXX
801. LEASE DATE: 04/28/1970
802. RECORDED: BOOK PAGE ENTRY STATE COUNTY
803. ------------------------------------------------------------
804. 626 1547957 COLORADO WELD
805. DESCRIPTION:
806. WELD COUNTY, COLORADO
807. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
000. SECTION 28: NE/4, LIMITED IN DEPTH FROM THE SURFACE DOWN
809. TO THE BASE OF THE CODELL
810.
811. LEASE NUMBER: CO-050007-0045
812. LESSOR: XX X XXXXXX; XXXX X XXXXXX
813. LESSEE: XXXXXX X XXXX
814. LEASE DATE: 05/02/1970
815. RECORDED: BOOK PAGE ENTRY STATE COUNTY
816. ------------------------------------------------------------
817. 626 1547965 COLORADO WELD
818. DESCRIPTION:
819. WELD COUNTY, COLORADO
820. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
000. SECTION 32: E/2 NW/4, LIMITED IN DEPTH FROM THE SURFACE
822. DOWN TO THE BASE OF THE CODELL
823.
824. LEASE NUMBER: CO-050007-0046
825. LESSOR: XXXXXX X XXXXXX AND XXXXX X XXXXXX AS TRUSTEES OF THE
826. PARISH FAMILY 1984 TRUST DATED 4/30/84
827. LESSEE: XXXXXXX & XXXXXX INC
828. LEASE DATE: 12/19/1984
829. RECORDED: BOOK PAGE ENTRY STATE COUNTY
830. ------------------------------------------------------------
831. 1053 1993491 COLORADO WELD
832. DESCRIPTION:
833. WELD COUNTY, COLORADO
834. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX
000. SECTION 32: S/2 SW/4
836.
837. LEASE NUMBER: CO-050007-0047
838. LESSOR: XXXXXX X XXXXXX; XXXXXX X XXXXXX
839. LESSEE: CORAL GULF EXPLORATION CORPORATION
840. LEASE DATE: 08/19/1980
841. RECORDED: BOOK PAGE ENTRY STATE COUNTY
842. ------------------------------------------------------------
843. 912 1833761 COLORADO WELD
844. DESCRIPTION:
845. WELD COUNTY, COLORADO
846. TOWNSHIP 5 NORTH, RANGE 67 WEST,
847. SECTION 32: N/2 SW/4
848.
849. LEASE NUMBER: CO-050007-0048
850. LESSOR: XXXXXX X XXXXXXXX; XXXXX XXXXXXXX
851. LESSEE: XXXXXX ENTERPRISES INC
852. LEASE DATE: 09/17/1980
853. RECORDED: BOOK PAGE ENTRY STATE COUNTY
854. ------------------------------------------------------------
855. 0921 1842867 COLORADO WELD
856. DESCRIPTION:
857. WELD COUNTY, COLORADO
858. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
000. SECTION 10: NE/4 NW/4, INSOFAR AND ONLY INSOFAR AS SAID
860. LEASE COVERS FROM THE SURFACE OF THE EARTH DOWN TO THE
861. STRATIGRAPHIC EQUIVALENT OF 7,780 FEET AS DRILLED IN THE
862. XXXXXXXX-FOE #10-2 WELL, LOCATED IN THE XX/0XX/0 XX XXXXXXX
000. 00, X0X - X00X.
864.
865. LEASE NUMBER: CO-050007-0049-001
866. LESSOR: XXXXX XXXXX; XXX XXXXX; XXXXX XXXXX; XXXX XXXXX
867. LESSEE: CORAL GULF EXPLORATION CORPORATION
868. LEASE DATE: 11/01/1979
869. RECORDED: BOOK PAGE ENTRY STATE COUNTY
870. ------------------------------------------------------------
871. 898 1820000 COLORADO WELD
872. DESCRIPTION:
873. WELD COUNTY, COLORADO
874. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
000. SECTION 33:
876. S/2NW/4; W/2SE/4; SW/4 (LESS & EXCEPT THAT PART LYING SOUTH
877. AND WEST OF THE RAILROAD), LIMITED TO WELLBORE, FROM 100
878. FEET BELOW THE BASE OF THE XXXXXXX FORMATION DOWN TO THE
879. BASE OF THE J-SAND FORMATION; AND IN THE S/2NW/4 BELOW THE
880. TOP OF THE J SAND ALSO.
881.
882. LEASE NUMBER: CO-050007-0049-002
883. LESSOR: XXXXX XXXXX; XXXX XXXXX; XXXXXX XXXXX; XXXXX XXXXX; XXXXXXX
884. XXXXX
885. LESSEE: CORAL GULF EXPLORATION CORPORATION
886. LEASE DATE: 11/01/1979
887. RECORDED: BOOK PAGE ENTRY STATE COUNTY
888. ------------------------------------------------------------
889. 898 1829998 COLORADO WELD
890. DESCRIPTION:
891. WELD COUNTY, COLORADO
892. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
000. SECTION 33:
894. S/2NW/4; W/2SE/4; SW/4 (LESS & EXCEPT THAT PART LYING SOUTH
895. AND WEST OF THE RAILROAD), LIMITED TO WELLBORE, FROM 100
896. FEET BELOW THE BASE OF THE XXXXXXX FORMATION DOWN TO THE
897. BASE OF THE J-SAND FORMATION; AND IN THE S/2NW/4 BELOW THE
898. TOP OF THE J SAND ALSO.
899.
900. LEASE NUMBER: CO-050007-0049-003
901. LESSOR: XXXXXX XXXXX; XXXXX XXXXX
902. LESSEE: CORAL GULF EXPLORATION CORPORATION
903. LEASE DATE: 11/01/1979
904. RECORDED: BOOK PAGE ENTRY STATE COUNTY
905. ------------------------------------------------------------
906. 898 1820003 COLORADO WELD
907. DESCRIPTION:
908. WELD COUNTY, COLORADO
909. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
000. SECTION 33:
911. S/2NW/4; W/2SE/4; SW/4 (LESS & EXCEPT LANDS SOUTH AND WEST
912. OF THE RAILROAD LIMITED TO WELLBORE, FROM 100 FEET BELOW
913. THE BASE OF THE XXXXXXX FORMATION DOWN TO THE BASE OF THE
914. J-SAND FORMATION; AND S/2NW/4 BELOW TOP OF J SAND FORMATION
915.
916. LEASE NUMBER: CO-050007-0049-004
917. LESSOR: XXXXXXXXX XXXXX, A WIDOW, THE SOLE DEVISEE UNDER THE LAST
918. WILL & TESTAMENT OF XXXXXXX XXXXX
919. LESSEE: CORAL GULF EXPLORATION CORPORATION
920. LEASE DATE: 11/01/1979
921. RECORDED: BOOK PAGE ENTRY STATE COUNTY
922. ------------------------------------------------------------
923. 898 1820002 COLORADO WELD
924. DESCRIPTION:
925. WELD COUNTY, COLORADO
926. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
000. SECTION 33:
928. S/2NW/4; W/2SE/4; SW/4 (LESS & EXCEPT LANDS LYING SOUTH
929. AND WEST OF THE RAILROAD) LIMITED TO WELLBORE, FROM 100
930. FEET BELOW THE BASE OF THE XXXXXXX FORMATION DOWN TO THE
931. BASE OF THE J-SAND FORMATION; AND IN THE S/2NW/4 BELOW THE
932. TOP OF THE J SAND ALSO.
933.
934. LEASE NUMBER: CO-050007-0049-005
935. LESSOR: XXXXX X XXXXX; XXXXX XXXXX
936. LESSEE: CORAL GULF EXPLORATION CORPORATION
937. LEASE DATE: 11/01/1979
938. RECORDED: BOOK PAGE ENTRY STATE COUNTY
939. ------------------------------------------------------------
940. 898 1829999 COLORADO WELD
941. DESCRIPTION:
942. WELD COUNTY, COLORADO
943. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
000. SECTION 33:
945. S/2NW/4; W/2SE/4; SW/4 (LESS & EXCEPT THAT PART LYING
946. SOUTH AND WEST OF THE RAILROAD), LIMITED TO WELLBORE, FROM
947. 100 FEET BELOW THE BASE OF THE XXXXXXX FORMATION DOWN TO
948. THE BASE OF THE J-SAND FORMATION; AND IN THE S/2NW/4 BELOW
949. TOP OF J SAND FORMATION ALSO.
950.
951. LEASE NUMBER: CO-050007-0049-006
952. LESSOR: XXXXXXX XXXXXXXXXX; XXXXXX XXXXXXXXXX; XXXXXX XXXXX; XXXXX
953. XXXXX; XXXXXX XXXXX
954. LESSEE: CORAL GULF EXPLORATION CORPORATION
955. LEASE DATE: 11/01/1979
956. RECORDED: BOOK PAGE ENTRY STATE COUNTY
957. ------------------------------------------------------------
958. 898 18220001 COLORADO WELD
959. DESCRIPTION:
960. WELD COUNTY, COLORADO
961. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
000. SECTION 33:
963. S/2NW/4; W/2SE/4; SW/4 (LESS & EXCEPT THAT PART LYING
964. SOUTH AND WEST OF THE RAILROAD) LIMITED TO WELLBORE, FROM
965. 100 FEET BELOW THE BASE OF THE XXXXXXX FORMATION DOWN TO
966. THE BASE OF THE J-SAND FORMATION; AND IN THE S/2NW/4 BELOW
967. THE TOP OF THE J SAND FORMATION ALSO.
968.
969. LEASE NUMBER: CO-050007-0050
970. LESSOR: XXXXXX XXXXXXXXXX; XXX X XXXXXXXXXX
971. LESSEE: XXXXXX & COMPANY
972. LEASE DATE: 04/10/1985
973. RECORDED: BOOK PAGE ENTRY STATE COUNTY
974. ------------------------------------------------------------
975. 0000 0000000 COLORADO WELD
976. DESCRIPTION:
977. WELD COUNTY, COLORADO
978. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
000. SECTION 33: A TRACT IN THE SW/4 SW/4, (1.203 ACRES),
980. LIMITED TO WELLBORE OF XXXXX 23-33, 100 FEET BELOW THE BASE
981. OF THE XXXXXXX FORMATION DOWN TO THE BASE OF THE J-SAND
982. FORMATION
983.
984. LEASE NUMBER: CO-050007-0051
985. LESSOR: XXXX XXXXXX XXXXXXXX X/X XXXXX XX XXXXXX COMMISSIONERS
986. LESSEE: XXXXXX & COMPANY
987. LEASE DATE: 01/14/1985
988. RECORDED: BOOK PAGE ENTRY STATE COUNTY
989. ------------------------------------------------------------
990. 1055 1995462 COLORADO WELD
991. DESCRIPTION:
992. WELD COUNTY, COLORADO
993. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
000. SECTION 33: A TRACT IN THE SW/4 SW/4 (6.80 ACRES), LIMITED
995. TO THE WELLBORE OF THE XXXXX 23-33, 100 FEET BELOW THE BASE
996. OF THE XXXXXXX FORMATION DOWN TO THE BASE OF THE J-SAND
997. FORMATION
998.
999. LEASE NUMBER: CO-050007-0052
1000. LESSOR: XXXX XXXXXX; XXXXXXXX X XXXXXX
1001. LESSEE: CORAL GULF EXPLORATION CORPORATION
1002. LEASE DATE: 10/11/1979
1003. RECORDED: BOOK PAGE ENTRY STATE COUNTY
1004. ------------------------------------------------------------
1005. 889 1810793 COLORADO WELD
1006. DESCRIPTION:
1007. WELD COUNTY, COLORADO
1008. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
0000. SECTION 33: E/2 SE/4, LIMITED TO WELBORE, FROM 100 FEET
1010. BELOW BASE OF XXXXXXX FORMATION DOWN TO BASE OF J-SAND
1011. FORMATION
1012.
1013. LEASE NUMBER: CO-050007-0053
1014. LESSOR: XXXXXXXX PETROLEUM COMPANY
1015. LESSEE: CORAL GULF EXPLORATION CORPORATION
1016. LEASE DATE: 01/13/1984
1017. RECORDED: BOOK PAGE ENTRY STATE COUNTY
1018. ------------------------------------------------------------
1019. 1023 1959309 COLORADO WELD
1020. DESCRIPTION:
1021. WELD COUNTY, COLORADO
1022. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
0000. SECTION 34: A TRACT IN THE W/2 NW/4 (3.21 ACRES), LIMITED
1024. IN DEPTH FROM THE SURFACE TO 7,048 FEET
1025.
1026. LEASE NUMBER: CO-050007-0054-001
1027. LESSOR: XXXXX X XXXXXX; XXXX XXXXXX
1028. LESSEE: CORAL GULF EXPLORATION CORPORATION
1029. LEASE DATE: 10/11/1979
1030. RECORDED: BOOK PAGE ENTRY STATE COUNTY
1031. ------------------------------------------------------------
1032. 889 1810792 COLORADO WELD
1033. DESCRIPTION:
1034. WELD COUNTY, COLORADO
1035. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
0000. SECTION 34: A TRACT IN THE W/2 NW/4, LESS 3.21 ACRES,
1037. CONTAINING 36.79 ACRES
1038.
1039. LEASE NUMBER: CO-050007-0054-002
1040. LESSOR: XXXXXX X XXXXXX; XXXXX X XXXXXX
1041. LESSEE: CORAL GULF EXPLORATION CORPORATION
1042. LEASE DATE: 10/20/1979
1043. RECORDED: BOOK PAGE ENTRY STATE COUNTY
1044. ------------------------------------------------------------
1045. 889 1810791 COLORADO WELD
1046. DESCRIPTION:
1047. WELD COUNTY, COLORADO
1048. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
0000. SECTION 34: A TRACT IN THE W/2 NW/4, LESS 3.21 ACRES,
1050. CONTAINING 36.79 ACRES
1051.
1052. LEASE NUMBER: CO-050007-0055
1053. LESSOR: XXXXX X XXXXXXXX, A SINGLE MAN
1054. LESSEE: CORAL GULF EXPLORATION CORPORATION
1055. LEASE DATE: 01/04/1980
1056. RECORDED: BOOK PAGE ENTRY STATE COUNTY
1057. ------------------------------------------------------------
1058. 897 1819174 COLORADO WELD
1059. DESCRIPTION:
1060. WELD COUNTY, COLORADO
1061. TOWNSHIP 5 NORTH, RANGE 67 WEST,
1062. SECTION 34: E/2 NW/4
1063.
1064. LEASE NUMBER: CO-050007-0056-001
1065. LESSOR: XXXXXXX X XXXXXX; XXXXX XXXXXX
1066. LESSEE: XXXXXXX X XXXXX
1067. LEASE DATE: 10/08/1980
1068. RECORDED: BOOK PAGE ENTRY STATE COUNTY
1069. ------------------------------------------------------------
1070. 922 1844253 COLORADO WELD
1071. DESCRIPTION:
1072. WELD COUNTY, COLORADO
1073. TOWNSHIP 5 NORTH, RANGE 65 WEST,
1074. SECTION 14: NE/4 NE/4, AND
1075. SECTION 11: A PARCEL OF LAND IN THE SE/4 OF SE/4
1076.
1077. LEASE NUMBER: CO-050007-0056-002
1078. LESSOR: XXXXXXXX X XXXXXX; XXXXX XXXXXX
1079. LESSEE: XXXXXXX X XXXXX
1080. LEASE DATE: 10/08/1980
1081. RECORDED: BOOK PAGE ENTRY STATE COUNTY
1082. ------------------------------------------------------------
1083. 918 1840191 COLORADO WELD
1084. DESCRIPTION:
1085. WELD COUNTY, COLORADO
1086. TOWNSHIP 5 NORTH, RANGE 65 WEST,
1087. SECTION 14: NE/4 NE/4, AND
1088. SECTION 11: A PARCEL OF LAND IN THE SE/4 SE/4
1089.
1090. LEASE NUMBER: CO-050007-0056-003
1091. LESSOR: XXXX XXXXXX XXXXXXXX; XXXXX X XXXXXXXX
1092. LESSEE: XXXXXXX X XXXXX
1093. LEASE DATE: 10/08/1980
1094. RECORDED: BOOK PAGE ENTRY STATE COUNTY
1095. ------------------------------------------------------------
1096. 918 1840192 COLORADO WELD
1097. DESCRIPTION:
1098. WELD COUNTY, COLORADO
1099. TOWNSHIP 5 NORTH, RANGE 65 WEST,
1100. SECTION 14: NE/4 NE/4, AND
1101. SECTION 11: A PARCEL OF LAND IN THE SE/4 SE/4
1102.
1103. LEASE NUMBER: CO-050007-0056-004
1104. LESSOR: XXXXXXX X XXXXXX; XXXXX XXXXXX
1105. LESSEE: XXXXXXX X XXXXX
1106. LEASE DATE: 10/08/1980
1107. RECORDED: BOOK PAGE ENTRY STATE COUNTY
1108. ------------------------------------------------------------
1109. 921 1842808 COLORADO WELD
1110. DESCRIPTION:
1111. WELD COUNTY, COLORADO
1112. TOWNSHIP 5 NORTH, RANGE 65 WEST,
1113. SECTION 14: NE/4 NE/4, AND
1114. SECTION 11: A PARCEL OF LAND IN THE SE/4 SE/4
1115.
1116. LEASE NUMBER: CO-050007-0056-005
1117. LESSOR: XXXXXX X XXXXXX; XXXX XXXXXX
1118. LESSEE: XXXXXXX X XXXXX
1119. LEASE DATE: 10/08/1980
1120. RECORDED: BOOK PAGE ENTRY STATE COUNTY
1121. ------------------------------------------------------------
1122. 922 1844254 COLORADO WELD
1123. DESCRIPTION:
1124. WELD COUNTY, COLORADO
1125. TOWNSHIP 5 NORTH, RANGE 65 WEST,
1126. SECTION 14: NE/4 NE/4, AND
1127. SECTION 11: A PARCEL OF LAND IN THE SE/4 SE/4
1128.
1129. LEASE NUMBER: CO-050007-0056-006
1130. LESSOR: XXXXXX X XXXXXX; XXXXXXX XXXXXX
1131. LESSEE: XXXXXXX X XXXXX
1132. LEASE DATE: 10/08/1980
1133. RECORDED: BOOK PAGE ENTRY STATE COUNTY
1134. ------------------------------------------------------------
1135. 928 1850496 COLORADO WELD
1136. DESCRIPTION:
1137. WELD COUNTY, COLORADO
1138. TOWNSHIP 5 NORTH, RANGE 65 WEST,
1139. SECTION 14: NE/4 NE/4, AND
1140. SECTION 11: A PARCEL OF LAND IN THE SE/4 SE/4
1141.
1142. LEASE NUMBER: CO-050007-0056-007
1143. LESSOR: XXXXX D ZABKE; XXXXXXX ZABKE
1144. LESSEE: XXXXXXX & XXXXXX, INC
1145. LEASE DATE: 02/04/1985
1146. RECORDED: BOOK PAGE ENTRY STATE COUNTY
1147. ------------------------------------------------------------
1148. 0000 0000000 COLORADO WELD
1149. DESCRIPTION:
1150. WELD COUNTY, COLORADO
1151. TOWNSHIP 5 NORTH, RANGE 65 WEST,
1152. SECTION 14: NE/4 NE/4, AND
1153. SECTION 11: A PARCEL OF LAND IN THE SE/4 SE/4
1154.
1155. LEASE NUMBER: CO-050007-0057
1156. LESSOR: UNION PACIFIC RAILROAD COMPANY
1157. LESSEE: PAN AMERICAN PETROLEUM CORPORATION
1158. LEASE DATE: 11/25/1970
1159. RECORDED: BOOK PAGE ENTRY STATE COUNTY
1160. ------------------------------------------------------------
1161. 638 1559660 COLORADO WELD
1162. DESCRIPTION:
1163. WELD COUNTY, COLORADO
1164. TOWNSHIP 4 NORTH, RANGE 65 WEST,
1165. SECTION 35: SW/4 SW/4
1166.
1167. LEASE NUMBER: CO-050007-0058-001
1168. LESSOR: XXXX X XXXXX AND XXXX X XXXXXXX, PARTNERS OF G&P
1169. ENTERPRISES AND FARMCO ENTERPRISES; A XXXXX XXXXXXX AND
1170. XXXXX X XXXXXXX, PARTNERS OF FARMCO ENTERPRISES
1171. LESSEE: AEON ENERGY CO
1172. LEASE DATE: 11/13/1980
1173. RECORDED: BOOK PAGE ENTRY STATE COUNTY
1174. ------------------------------------------------------------
1175. 930 1851810 COLORADO WELD
1176. DESCRIPTION:
1177. WELD COUNTY, COLORADO
1178. TOWNSHIP 4 NORTH, RANGE 65 WEST,
1179. SECTION 28: W/2 NE/4, EXCLUDING ALL THAT PART LYING NORTH
1180. & EAST OF THE WESTERLY AND SOUTHERLY BOUNDARY OF THE PLATTE
1181. VALLEY CANAL, DEPTH RESTRICTION TO THE CODELL FORMATION
1182.
1183. LEASE NUMBER: CO-050007-0058-002
1184. LESSOR: XXXX X XXXXXXX; XXXXX X XXXXXXX
1185. LESSEE: AEON ENERGY CO
1186. LEASE DATE: 11/19/1980
1187. RECORDED: BOOK PAGE ENTRY STATE COUNTY
1188. ------------------------------------------------------------
1189. 925 1847116 COLORADO WELD
1190. DESCRIPTION:
1191. WELD COUNTY, COLORADO
1192. TOWNSHIP 4 NORTH, RANGE 65 WEST,
1193. SECTION 28: W/2 NE/4, EXCLUDING ALL THAT PART LYING NORTH
1194. & EAST OF THE WESTERLY AND SOUTHERLY BOUNDARY OF THE PLATTE
1195. VALLEY CANAL, DEPTH RESTRICTION TO THE CODELL FORMATION
1196.
1197. LEASE NUMBER: CO-050007-0058-003
1198. LESSOR: XXXXXX XX XXXXXXX; XXXXXXX XXXXXXX
1199. LESSEE: XXXXX XXXXX
1200. LEASE DATE: 06/10/1980
1201. RECORDED: BOOK PAGE ENTRY STATE COUNTY
1202. ------------------------------------------------------------
1203. 906 1827958 COLORADO WELD
1204. DESCRIPTION:
1205. WELD COUNTY, COLORADO
1206. TOWNSHIP 4 NORTH, RANGE 65 WEST,
1207. SECTION 28: W/2 NE/4, EXCLUDING ALL THAT PART LYING NORTH
1208. & EAST OF THE WESTERLY AND SOUTHERLY BOUNDARY OF THE PLATTE
1209. VALLEY CANAL, DEPTH RESTRICTION TO THE CODELL FORMATION
1210.
1211. LEASE NUMBER: CO-050007-0059
1212. LESSOR: XXXXXX X XXXXX, A MARRIED MAN DEALING IN HIS SOLE AND
1213. SEPARATE PROPERTY
1214. LESSEE: XXXXXXX X XXXXX
1215. LEASE DATE: 10/14/1980
1216. RECORDED: BOOK PAGE ENTRY STATE COUNTY
1217. ------------------------------------------------------------
1218. 920 1842373 COLORADO WELD
1219. DESCRIPTION:
1220. WELD COUNTY, COLORADO
1221. TOWNSHIP 5 NORTH, RANGE 65 WEST
1222. SECTION 23: SE/4SE/4
1223.
1224. LEASE NUMBER: CO-050007-0060-001
1225. LESSOR: XXXXX X XXXXX
1226. LESSEE: XXXXXXX X XXXXX
1227. LEASE DATE: 11/07/1980
1228. RECORDED: BOOK PAGE ENTRY STATE COUNTY
1229. ------------------------------------------------------------
1230. 920 1842344 COLORADO WELD
1231. DESCRIPTION:
1232. WELD COUNTY, COLORADO
1233. TOWNSHIP 5 NORTH, RANGE 65 WEST,
1234. SECTION 11: LOT B OF RECORDED EXEMPTION 0961-11-4-RE 265
1235. IN THE S/2 SE/4, CONTAINING 40.922 ACRES RESTRICTED TO
1236. CODELL AND NIOBRARA FORMATIONS
1237.
1238. LEASE NUMBER: CO-050007-0060-002
1239. LESSOR: XXXX XXXXXX XXXXXXXX; XXXXX X XXXXXXXX
1240. LESSEE: XXXXXXX X XXXXX
1241. LEASE DATE: 11/12/1980
1242. RECORDED: BOOK PAGE ENTRY STATE COUNTY
1243. ------------------------------------------------------------
1244. 921 1843009 COLORADO WELD
1245. DESCRIPTION:
1246. WELD COUNTY, COLORADO
1247. TOWNSHIP 5 NORTH, RANGE 65 WEST,
1248. SECTION 11: LOT A AND B OF RECORDED EXEMPTION 0961-11-4-RE
1249. 265 IN THE S/2 SE/4, CONTAINING 49.402 ACRES RESTRICTED TO
1250. THE CODELL AND NIOBRARA FORMATIONS
1251.
1252. LEASE NUMBER: CO-050007-0060-003
1253. LESSOR: XXXXXXX X XXXXXX; XXXXX XXXXXX
1254. LESSEE: XXXXXXX X XXXXX
1255. LEASE DATE: 11/12/1980
1256. RECORDED: BOOK PAGE ENTRY STATE COUNTY
1257. ------------------------------------------------------------
1258. 922 1844251 COLORADO WELD
1259. DESCRIPTION:
1260. WELD COUNTY, COLORADO
1261. TOWNSHIP 5 NORTH, RANGE 65 WEST,
1262. SECTION 11: LOT A AND B OF RECORDED EXEMPTION 0961-11-4-RE
1263. 265 IN THE S/2 SE/4, CONTAINING 49.40 ACRES RESTRICTED TO
1264. THE CODELL AND NIOBRARA FORMATIONS
1265.
1266. LEASE NUMBER: CO-050007-0060-004
1267. LESSOR: XXXXXXXX X XXXXXX; XXXXX XXXXXX
1268. LESSEE: XXXXXXX X XXXXX
1269. LEASE DATE: 11/12/1980
1270. RECORDED: BOOK PAGE ENTRY STATE COUNTY
1271. ------------------------------------------------------------
1272. 921 1843010 COLORADO WELD
1273. DESCRIPTION:
1274. WELD COUNTY, COLORADO
1275. TOWNSHIP 5 NORTH, RANGE 65 WEST,
1276. SECTION 11: LOT A AND B OF RECORDED EXEMPTION 0961-11-4-RE
1277. 265 IN THE S/2 SE/4, CONTAINING 49.40 ACRES, LIMITED TO THE
1278. CODELL AND NIOBRARA FORMATIONS
1279.
1280. LEASE NUMBER: CO-050007-0060-005
1281. LESSOR: XXXXXX X XXXXXX; XXXX XXXXXX
1282. LESSEE: XXXXXXX X XXXXX
1283. LEASE DATE: 11/12/1980
1284. RECORDED: BOOK PAGE ENTRY STATE COUNTY
1285. ------------------------------------------------------------
1286. 922 1844252 COLORADO WELD
1287. DESCRIPTION:
1288. WELD COUNTY, COLORADO
1289. TOWNSHIP 5 NORTH, RANGE 65 WEST,
1290. SECTION 11: LOT A AND B OF RECORDED EXEMPTION 0961-11-4-RE
1291. 265 IN THE S/2 SE/4, CONTAINING 49.40 ACRES, RESTRICTED TO
1292. CODELL AND NIOBRARA FORMATIONS.
1293.
1294. LEASE NUMBER: CO-050007-0060-006
1295. LESSOR: XXXXXXX X XXXXXX; XXXXX XXXXXX
1296. LESSEE: XXXXXXX X XXXXX
1297. LEASE DATE: 11/12/1980
1298. RECORDED: BOOK PAGE ENTRY STATE COUNTY
1299. ------------------------------------------------------------
1300. 920 1842453 COLORADO WELD
1301. DESCRIPTION:
1302. WELD COUNTY, COLORADO
1303. TOWNSHIP 5 NORTH, RANGE 65 WEST,
1304. SECTION 11: LOT A AND B OF RECORDED EXEMPTION 0961-11-4-RE
1305. 265 IN THE S/2 SE/4, CONTAINING 49.40 ACRES, LIMITED TO
1306. THE CODELL AND NIOBRARA FORMATIONS
1307.
1308. LEASE NUMBER: CO-050007-0060-007
1309. LESSOR: T XXXXXX XXXXXX; XXXXXXX XXXXXX
1310. LESSEE: XXXXXXX X XXXXX
1311. LEASE DATE: 11/12/1980
1312. RECORDED: BOOK PAGE ENTRY STATE COUNTY
1313. ------------------------------------------------------------
1314. 928 1850495 COLORADO WELD
1315. DESCRIPTION:
1316. WELD COUNTY, COLORADO
1317. TOWNSHIP 5 NORTH, RANGE 65 WEST,
1318. SECTION 11: LOT A AND B OF RECORDED EXEMPTION 0961-11-4-RE
1319. 265 IN THE S/2 SE/4, CONTAINING 49.40 ACRES, RESTRICTED TO
1320. CODELL AND NIOBRARA FORMATIONS
1321.
1322. LEASE NUMBER: CO-050007-0060-008
1323. LESSOR: XXXXXXX X XXXXXX; XXXXXX X XXXXXX
1324. LESSEE: XXXXXXX X XXXXX
1325. LEASE DATE: 11/14/1980
1326. RECORDED: BOOK PAGE ENTRY STATE COUNTY
1327. ------------------------------------------------------------
1328. 924 1846386 COLORADO WELD
1329. DESCRIPTION:
1330. WELD COUNTY, COLORADO
1331. TOWNSHIP 5 NORTH, RANGE 65 WEST,
1332. SECTION 11: LOT A OF RECORDED EXEMPTION 0961-11-4-RE 265
1333. IN THE S/2 SE/4, CONTAINING 8.48 ACRES, RESTRICTED TO
1334. CODELL AND NIOBRARA FORMATIONS
1335.
1336. LEASE NUMBER: CO-050007-0061-001
1337. LESSOR: XXXXXXX X XXXX; XXXX X XXXX
1338. LESSEE: ENERGY MINERALS
1339. LEASE DATE: 01/03/1980
1340. RECORDED: BOOK PAGE ENTRY STATE COUNTY
1341. ------------------------------------------------------------
1342. 892 1814126 COLORADO WELD
1343. DESCRIPTION:
1344. WELD COUNTY, COLORADO
1345. TOWNSHIP 5 NORTH, RANGE 64 WEST,
1346. SECTION 22: PART OF W/2 NE/4, PART OF E/2 NE/4, PART OF
1347. NW/4 NW/4, AND PART OF NE/4 NW/4, ALL LANDS DESCRIBED BY
1348. METES AND BOUNDS IN THE LEASE
1349.
1350. LEASE NUMBER: CO-050007-0061-002
1351. LESSOR: XXXXXX X XXXX; XXXXX X XXXX
1352. LESSEE: ENERGY MINERALS
1353. LEASE DATE: 01/03/1980
1354. RECORDED: BOOK PAGE ENTRY STATE COUNTY
1355. ------------------------------------------------------------
1356. 892 1814130 COLORADO WELD
1357. DESCRIPTION:
1358. WELD COUNTY, COLORADO
1359. TOWNSHIP 5 NORTH, RANGE 64 WEST,
1360. SECTION 22: PART OF W/2 NE/4, PART OF E/2 NE/4, PART OF
1361. NW/4 NW/4, AND PART OF NE/4 NW/4, ALL LANDS DESCRIBED BY
1362. METES AND BOUNDS IN THE LEASE
1363.
1364. LEASE NUMBER: CO-050007-0062
1365. LESSOR: XXXX XXXXXXX (FORMERLY XXXX XXXXXX); XXXXXX X XXXXXXX
1366. LESSEE: ENERGY MINERALS
1367. LEASE DATE: 03/11/1980
1368. RECORDED: BOOK PAGE ENTRY STATE COUNTY
1369. ------------------------------------------------------------
1370. 903 1824645 COLORADO WELD
1371. DESCRIPTION:
1372. WELD COUNTY, COLORADO
1373. TOWNSHIP 5 NORTH, RANGE 64 WEST,
1374. SECTION 22: PART OF W/2 NE/4, PART OF E/2 NE/4, PART OF
1375. NW/4 NW/4, AND PART OF NE/4 NW/4, ALL LANDS DESCRIBED BY
1376. METES AND BOUNDS IN THE LEASE
1377.
1378. LEASE NUMBER: CO-050007-0063-001
1379. LESSOR: XXXXXX X XXXXXXXX, A WIDOWER
1380. LESSEE: SW PRODUCTION COMPANY
1381. LEASE DATE: 04/03/2001
1382. RECORDED: BOOK PAGE ENTRY STATE COUNTY
1383. ------------------------------------------------------------
1384. 2842815 COLORADO WELD
1385. DESCRIPTION:
1386. WELD COUNTY, COLORADO
1387. TOWNSHIP 5 NORTH, RANGE 64 WEST,
1388. SECTION 22: PART OF W/2 NE/4, PART OF E/2 NE/4, ALL LANDS
1389. DESCRIBED BY METES AND BOUNDS IN THE LEASE
1390.
1391. LEASE NUMBER: CO-050007-0063-002
1392. LESSOR: XXXXXX X XXXXXXXX, A WIDOW
1393. LESSEE: SW PRODUCTION COMPANY
1394. LEASE DATE: 04/05/2001
1395. RECORDED: BOOK PAGE ENTRY STATE COUNTY
1396. ------------------------------------------------------------
1397. 2842816 COLORADO WELD
1398. DESCRIPTION:
1399. WELD COUNTY, COLORADO
1400. TOWNSHIP 5 NORTH, RANGE 64 WEST,
1401. SECTION 22: PART OF W/2 NE/4, PART OF E/2 NE/4, ALL LANDS
1402. DESCRIBED BY METES AND BOUNDS IN THE LEASE
1403.
1404. LEASE NUMBER: CO-050007-0064
1405. LESSOR: XXXXXXXXX XXXX XXXXXXX; XXXXXXX X XXXXXXX; XXXXXXX A
1406. XXXXXXX, ALL AS JOINT TENANTS
1407. LESSEE: SW PRODUCTION COMPANY
1408. LEASE DATE: 01/21/2002
1409. RECORDED: BOOK PAGE ENTRY STATE COUNTY
1410. ------------------------------------------------------------
1411. 2947752 COLORADO WELD
1412. DESCRIPTION:
1413. WELD COUNTY, COLORADO
1414. TOWNSHIP 5 NORTH, RANGE 64 WEST,
1415. SECTION 22: A TRACT IN THE NE/0 XX/0, XXXXX & XXXX XX XXX
1416. HWY. 34, DESCRIBED IN METES & BOUNDS
1417.
1418. LEASE NUMBER: CO-050007-0065-001
1419. LESSOR: XXXXXXX X XXXXX; XXXX XXX XXXXX
1420. LESSEE: ENERGY MINERALS CORP
1421. LEASE DATE: 03/25/1980
1422. RECORDED: BOOK PAGE ENTRY STATE COUNTY
1423. ------------------------------------------------------------
1424. 902 1824352 COLORADO WELD
1425. DESCRIPTION:
1426. WELD COUNTY, COLORADO
1427. TOWNSHIP 5 NORTH, RANGE 64 WEST,
1428. SECTION 22: E/2 SW/4
1429.
1430. LEASE NUMBER: CO-050007-0065-002
1431. LESSOR: D-J LAND AND CATTLE CO INC
1432. LESSEE: ENERGY MINERALS CORP
1433. LEASE DATE: 03/25/1980
1434. RECORDED: BOOK PAGE ENTRY STATE COUNTY
1435. ------------------------------------------------------------
1436. 902 1824064 COLORADO WELD
1437. DESCRIPTION:
1438. WELD COUNTY, COLORADO
1439. TOWNSHIP 5 NORTH, RANGE 64 WEST,
1440. SECTION 22: E/2 SW/4
1441.
1442. LEASE NUMBER: CO-050007-0065-003
1443. LESSOR: THE TRAVELERS INSURANCE COMPANY
1444. LESSEE: EXCO RESOURCES INC
1445. LEASE DATE: 03/01/2004
1446. RECORDED: BOOK PAGE ENTRY STATE COUNTY
1447. ------------------------------------------------------------
1448. 3161042 COLORADO WELD
1449. DESCRIPTION:
1450. WELD COUNTY, COLORADO
1451. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
0000. SECTION 22: E/2SW/4
1453.
1454. LEASE NUMBER: CO-050007-0067-001
1455. LESSOR: XXXXXXX X XXXXXXXX; XXXXXXXX XXXXXXXX
1456. LESSEE: BEAVER MESA EXPLORATION COMPANY
1457. LEASE DATE: 05/14/1976
1458. RECORDED: BOOK PAGE ENTRY STATE COUNTY
1459. ------------------------------------------------------------
1460. 770 1692366 COLORADO WELD
1461. DESCRIPTION:
1462. WELD COUNTY, COLORADO
1463. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
0000. SECTION 4: SE/4
1465.
1466. LEASE NUMBER: CO-050007-0067-002
1467. LESSOR: XXXXX X XXXX
1468. LESSEE: BEAVER MESA EXPLORATION COMPANY
1469. LEASE DATE: 05/10/1976
1470. RECORDED: BOOK PAGE ENTRY STATE COUNTY
1471. ------------------------------------------------------------
1472. 770 1692371 COLORADO WELD
1473. DESCRIPTION:
1474. WELD COUNTY, COLORADO
1475. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
0000. SECTION 4: SE/4
1477.
1478. LEASE NUMBER: CO-050007-0067-003
1479. LESSOR: XXXXXXXX X XXXX A/K/A XXXXXX XXXX; XXXXX X XXXX
1480. LESSEE: BEAVER MESA EXPLORATION COMPANY
1481. LEASE DATE: 05/10/1976
1482. RECORDED: BOOK PAGE ENTRY STATE COUNTY
1483. ------------------------------------------------------------
1484. 770 1692372 COLORADO WELD
1485. DESCRIPTION:
1486. WELD COUNTY, COLORADO
1487. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
0000. SECTION 4: SE/4
1489.
1490. LEASE NUMBER: CO-050007-0067-004
1491. LESSOR: XXXXXX XXXX XXXX, A SINGLE WOMAN
1492. LESSEE: BEAVER MESA EXPLORATION COMPANY
1493. LEASE DATE: 05/10/1976
1494. RECORDED: BOOK PAGE ENTRY STATE COUNTY
1495. ------------------------------------------------------------
1496. 770 1692372 COLORADO WELD
1497. DESCRIPTION:
1498. WELD COUNTY, COLORADO
1499. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
0000. SECTION 4: SE/4
1501.
1502. LEASE NUMBER: CO-050007-0067-005
1503. LESSOR: XXXXXX XXXXXX XXXXXXXX; XXXXXXX X XXXXXXXX
1504. LESSEE: BEAVER MESA EXPLORATION COMPANY
1505. LEASE DATE: 05/10/1976
1506. RECORDED: BOOK PAGE ENTRY STATE COUNTY
1507. ------------------------------------------------------------
1508. 770 1692375 COLORADO WELD
1509. DESCRIPTION:
1510. WELD COUNTY, COLORADO
1511. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
0000. SECTION 4: SE/4
1513.
1514. LEASE NUMBER: CO-050007-0068
1515. LESSOR: THE FARMERS RESERVOIR AND IRRIGATION COMPANY
1516. LESSEE: DECALTA INTERNATIONAL CORPORATION
1517. LEASE DATE: 08/01/1984
1518. RECORDED: BOOK PAGE ENTRY STATE COUNTY
1519. ------------------------------------------------------------
1520. 1039 1976683 COLORADO WELD
1521. DESCRIPTION:
1522. WELD COUNTY, COLORADO
1523. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
0000. SECTION 32: PART OF THE S/2 NE/4 AS DESCRIBED IN LEASE BY
1525. METES & BOUNDS, INSOFAR AS PRODUCTION IS ATTRIBUTABLE TO
1526. ACREAGE COVERED BY THE XXXXX 42-32
1527.
1528. LEASE NUMBER: CO-050007-0069-001
1529. LESSOR: XXXXXXXXX, XXXXXX Y A/K/A XXXX XXXXXXXXX; XXXX X XXXXXXXXX
1530. LESSEE: DECALTA INTERNATIONAL CORPORATION
1531. LEASE DATE: 01/13/1982
1532. RECORDED: BOOK PAGE ENTRY STATE COUNTY
1533. ------------------------------------------------------------
1534. 961 1883888 COLORADO WELD
1535. DESCRIPTION:
1536. WELD COUNTY, COLORADO
1537. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
0000. SECTION 32: PART OF THE S/2 NE/4 AS DESCRIBED IN LEASE BY
1539. METES & BOUNDS, INSOFAR AS PRODUCTION IS ATTRIBUTABLE TO
1540. ACREAGE COVERED BY THE XXXXX 42-32
1541.
1542. LEASE NUMBER: CO-050007-0069-002
1543. LESSOR: XXXXX X XXXXXX; XXXXXXX X XXXXXX
1544. LESSEE: DECALTA INTERNATIONAL CORPORATION
1545. LEASE DATE: 01/11/1982
1546. RECORDED: BOOK PAGE ENTRY STATE COUNTY
1547. ------------------------------------------------------------
1548. 961 1883881 COLORADO WELD
1549. DESCRIPTION:
1550. WELD COUNTY, COLORADO
1551. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
0000. SECTION 32: PART OF THE S/2 NE/4 AS DESCRIBED IN LEASE BY
1553. METES & BOUNDS, INSOFAR AS PRODUCTION IS ATTRIBUTABLE TO
1554. ACREAGE COVERED BY THE XXXXX 42-32
1555.
1556. LEASE NUMBER: CO-050007-0070
1557. LESSOR: XXXXXX X XXXXXX; XXXXXX XXX XXXXXX
1558. LESSEE: DECALTA INTERNATIONAL CORPORATION
1559. LEASE DATE: 01/12/1982
1560. RECORDED: BOOK PAGE ENTRY STATE COUNTY
1561. ------------------------------------------------------------
1562. 965 1888829 COLORADO WELD
1563. DESCRIPTION:
1564. WELD COUNTY, COLORADO
1565. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
0000. SECTION 32: PART OF THE S/2 NE/4 AS DESCRIBED IN LEASE BY
1567. METES & BOUNDS, INSOFAR AS PRODUCTION IS ATTRIBUTABLE TO
1568. ACREAGE COVERED BY THE XXXXX 42-32
1569.
1570. LEASE NUMBER: CO-050007-0071
1571. LESSOR: XXXXXX XXXX; XXX XXXX XXXX
1572. LESSEE: DECALTA INTERNATIONAL CORPORATION
1573. LEASE DATE: 01/21/1982
1574. RECORDED: BOOK PAGE ENTRY STATE COUNTY
1575. ------------------------------------------------------------
1576. 961 1883889 COLORADO WELD
1577. DESCRIPTION:
1578. WELD COUNTY, COLORADO
1579. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
0000. SECTION 32: PART OF THE S/2 NE/4 AS DESCRIBED IN LEASE BY
1581. METES & BOUNDS, INSOFAR AS PRODUCTION IS ATTRIBUTABLE TO
1582. ACREAGE COVERED BY THE XXXXX 42-32
1583.
1584. LEASE NUMBER: CO-050007-0072
1585. LESSOR: XXXX X XXXXXXXX; XXXX X XXXXXXXX
1586. LESSEE: DECALTA INTERNATIONAL CORPORATION
1587. LEASE DATE: 01/11/1982
1588. RECORDED: BOOK PAGE ENTRY STATE COUNTY
1589. ------------------------------------------------------------
1590. 965 1888830 COLORADO WELD
1591. DESCRIPTION:
1592. WELD COUNTY, COLORADO
1593. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
0000. SECTION 32: PART OF THE S/2 NE/4 AS DESCRIBED IN LEASE BY
1595. METES & BOUNDS, INSOFAR AS PRODUCTION IS ATTRIBUTABLE TO
1596. ACREAGE COVERED BY THE XXXXX 42-32
1597.
1598. LEASE NUMBER: CO-050007-0073
1599. LESSOR: XXXX X XXXXXX; XXXXX X XXXXXX
1600. LESSEE: DECALTA INTERNATIONAL CORPORATION
1601. LEASE DATE: 01/12/1982
1602. RECORDED: BOOK PAGE ENTRY STATE COUNTY
1603. ------------------------------------------------------------
1604. 961 1883880 COLORADO WELD
1605. DESCRIPTION:
1606. WELD COUNTY, COLORADO
1607. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
0000. SECTION 32: PART OF THE S/2 NE/4 AS DESCRIBED IN LEASE BY
1609. METES & BOUNDS, INSOFAR AS PRODUCTION IS ATTRIBUTABLE TO
1610. ACREAGE COVERED BY THE XXXXX 42-32
1611.
1612. LEASE NUMBER: CO-050007-0074
1613. LESSOR: XXXXXX X XXXXX; XXXXXXXXX X XXXXX
1614. LESSEE: DECALTA INTERNATIONAL CORPORATION
1615. LEASE DATE: 01/08/1982
1616. RECORDED: BOOK PAGE ENTRY STATE COUNTY
1617. ------------------------------------------------------------
1618. 961 1883878 COLORADO WELD
1619. DESCRIPTION:
1620. WELD COUNTY, COLORADO
1621. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
0000. SECTION 32: PART OF THE S/2 NE/4 AS DESCRIBED IN LEASE BY
1623. METES & BOUNDS, INSOFAR AS PRODUCTION IS ATTRIBUTABLE TO
1624. ACREAGE COVERED BY THE XXXXX 42-32
1625.
1626. LEASE NUMBER: CO-050007-0075-001
1627. LESSOR: THE COLORADO NATIONAL BANK OF DENVER AND XXXXXXX X XXXXXXX
1628. JR, CO-TRUSTEES OF THE TRUST OF R S XXXXXXX XX, ACCT #12347
1629. LESSEE: THE COLTON COMPANY
1630. LEASE DATE: 11/23/1981
1631. RECORDED: BOOK PAGE ENTRY STATE COUNTY
1632. ------------------------------------------------------------
1633. 955 1876787 COLORADO WELD
1634. DESCRIPTION:
1635. WELD COUNTY, COLORADO
1636. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
0000. SECTION 18: PART OF THE W/2NE/4, LIMITED TO PRODUCTION
1638. FROM XXXXX LOCATED IN THE SW/4NE/4
1639.
1640. LEASE NUMBER: CO-050007-0075-002
1641. LESSOR: XXXX X XXXXX, A MARRIED MAN DEALING IN HIS SOLE AND
1642. SEPARATE PROPERTY
1643. LESSEE: PETRO QUEST INC
1644. LEASE DATE: 03/04/1982
1645. RECORDED: BOOK PAGE ENTRY STATE COUNTY
1646. ------------------------------------------------------------
1647. 967 1891575 COLORADO WELD
1648. DESCRIPTION:
1649. WELD COUNTY, COLORADO
1650. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
0000. SECTION 18: PART OF THE W/2NE/4, LIMITED TO PRODUCTION
1652. FROM XXXXX LOCATED IN THE SW/4NE/4
1653.
1654. LEASE NUMBER: CO-050007-0075-003
1655. LESSOR: XXXXXX X XXXXX; XXXXXXX X XXXXX
1656. LESSEE: PETRO QUEST INC
1657. LEASE DATE: 03/02/1982
1658. RECORDED: BOOK PAGE ENTRY STATE COUNTY
1659. ------------------------------------------------------------
1660. 972 1897578 COLORADO WELD
1661. DESCRIPTION:
1662. WELD COUNTY, COLORADO
1663. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
0000. SECTION 18: PART OF THE W/2NE/4, LIMITED TO PRODUCTION
1665. FROM XXXXX LOCATED IN THE SW/4NE/4
1666.
1667. LEASE NUMBER: CO-050007-0075-004
1668. LESSOR: XXXXXX X XXXXXXXX; XXXXX X XXXXXXXX
1669. LESSEE: DECALTA INTERNATIONAL CORPORATION
1670. LEASE DATE: 12/01/1981
1671. RECORDED: BOOK PAGE ENTRY STATE COUNTY
1672. ------------------------------------------------------------
1673. 959 1880383 COLORADO WELD
1674. DESCRIPTION:
1675. WELD COUNTY, COLORADO
1676. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
0000. SECTION 18: PART OF THE W/2NE/4, LIMITED TO PRODUCTION
1678. FROM XXXXX LOCATED IN THE SW/4NE/4
1679.
1680. LEASE NUMBER: CO-050007-0075-005
1681. LESSOR: XXXXXX X XXXXXX, A MARRIED MAN DEALING IN HIS SOLE AND
1682. SEPARATE PROPERTY
1683. LESSEE: DECALTA INTERNATIONAL CORPORATION
1684. LEASE DATE: 11/25/1981
1685. RECORDED: BOOK PAGE ENTRY STATE COUNTY
1686. ------------------------------------------------------------
1687. 959 1880387 COLORADO WELD
1688. DESCRIPTION:
1689. WELD COUNTY, COLORADO
1690. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
0000. SECTION 18: PART OF THE W/2NE/4, LIMITED TO PRODUCTION
1692. FROM XXXXX LOCATED IN THE SW/4NE/4
1693.
1694. LEASE NUMBER: CO-050007-0075-006
1695. LESSOR: XXXXXXXXX X XXXXXX, A WIDOW
1696. LESSEE: DECALTA INTERNATIONAL CORPORATION
1697. LEASE DATE: 11/25/1981
1698. RECORDED: BOOK PAGE ENTRY STATE COUNTY
1699. ------------------------------------------------------------
1700. 959 1880385 COLORADO WELD
1701. DESCRIPTION:
1702. WELD COUNTY, COLORADO
1703. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
0000. SECTION 18: PART OF THE W/2NE/4, LIMITED TO PRODUCTION
1705. FROM XXXXX LOCATED IN THE SW/4NE/4
1706.
1707. LEASE NUMBER: CO-050007-0075-007
1708. LESSOR: XXXXXXX X XXXXXX; XXXXX X XXXXXX
1709. LESSEE: DECALTA INTERNATIONAL CORPORATION
1710. LEASE DATE: 11/25/1981
1711. RECORDED: BOOK PAGE ENTRY STATE COUNTY
1712. ------------------------------------------------------------
1713. 959 1880379 COLORADO WELD
1714. DESCRIPTION:
1715. WELD COUNTY, COLORADO
1716. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
0000. SECTION 18: PART OF THE W/2NE/4, LIMITED TO PRODUCTION
1718. FROM XXXXX LOCATED IN THE SW/4NE/4
1719.
1720. LEASE NUMBER: CO-050007-0076-001
1721. LESSOR: XXXXX XXXXXXXXX; XXXXX XXXXXXXXX
1722. LESSEE: SULPHUR RIVER EXPLORATION INC
1723. LEASE DATE: 09/03/1981
1724. RECORDED: BOOK PAGE ENTRY STATE COUNTY
1725. ------------------------------------------------------------
1726. 948 1870178 COLORADO WELD
1727. DESCRIPTION:
1728. WELD COUNTY, COLORADO
1729. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
0000. SECTION 13: PART OF THE SE/4, DESCRIBED IN METES & BOUNDS
1731. IN THE LEASE AND SECTION 24: PART OF THE NE/4, DESCRIBED
1732. IN METES & BOUNDS IN THE LEASE.
1733.
1734. LEASE NUMBER: CO-050007-0076-002
1735. LESSOR: XXXXXX XXXXXXXXX XX; XXXX XXXXXXXXX
1736. LESSEE: SULPHUR RIVER EXPLORATION INC
1737. LEASE DATE: 09/03/1981
1738. RECORDED: BOOK PAGE ENTRY STATE COUNTY
1739. ------------------------------------------------------------
1740. 948 1870175 COLORADO WELD
1741. DESCRIPTION:
1742. WELD COUNTY, COLORADO
1743. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
0000. SECTION 13: PART OF THE SE/4, DESCRIBED IN METES & BOUNDS
1745. IN THE LEASE; AND
1746. SECTION 24: PART OF THE NE/4, DESCRIBED IN METES & BOUNDS
1747. IN THE LEASE.
1748.
1749. LEASE NUMBER: CO-050007-0076-003
1750. LESSOR: XXXXXX XXXXXX; XXXX XXXXXX
1751. LESSEE: SULPHUR RIVER EXPLORATION INC
1752. LEASE DATE: 09/03/1981
1753. RECORDED: BOOK PAGE ENTRY STATE COUNTY
1754. ------------------------------------------------------------
1755. 948 1870177 COLORADO WELD
1756. DESCRIPTION:
1757. WELD COUNTY, COLORADO
1758. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
0000. SECTION 13: PART OF THE SE/4, DESCRIBED IN METES & BOUNDS
1760. IN THE LEASE; AND
1761. SECTION 24: PART OF THE NE/4, DESCRIBED IN METES & BOUNDS
1762. IN THE LEASE.
1763.
1764. LEASE NUMBER: CO-050007-0076-004
1765. LESSOR: XXXXX XXXXXXX; XXXXXX XXXXXXX
1766. LESSEE: SULPHUR RIVER EXPLORATION INC
1767. LEASE DATE: 09/03/1981
1768. RECORDED: BOOK PAGE ENTRY STATE COUNTY
1769. ------------------------------------------------------------
1770. 948 1870176 COLORADO WELD
1771. DESCRIPTION:
1772. WELD COUNTY, COLORADO
1773. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
0000. SECTION 13: PART OF THE SE/4, DESCRIBED IN METES & BOUNDS
1775. IN THE LEASE; AND
1776. SECTION 24: PART OF THE NE/4, DESCRIBED IN METES & BOUNDS
1777. IN THE LEASE.
1778.
1779. LEASE NUMBER: CO-050007-0076-005
1780. LESSOR: XXXXXXXX XXXXXXXXX, A SINGLE WOMAN
1781. LESSEE: SULPHUR RIVER EXPLORATION INC
1782. LEASE DATE: 09/03/1981
1783. RECORDED: BOOK PAGE ENTRY STATE COUNTY
1784. ------------------------------------------------------------
1785. 948 1870179 COLORADO WELD
1786. DESCRIPTION:
1787. WELD COUNTY, COLORADO
1788. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
0000. SECTION 13: PART OF THE SE/4, DESCRIBED IN METES & BOUNDS
1790. IN THE LEASE; AND
1791. SECTION 24: PART OF THE NE/4, DESCRIBED IN METES & BOUNDS
1792. IN THE LEASE.
1793.
1794. LEASE NUMBER: CO-050007-0077
1795. LESSOR: XXXXXX XXXXXXXXX; XXXXXX X XXXXXXXXX
1796. LESSEE: SULPHUR RIVER EXPLORATION INC
1797. LEASE DATE: 09/03/1981
1798. RECORDED: BOOK PAGE ENTRY STATE COUNTY
1799. ------------------------------------------------------------
1800. 948 1870174 COLORADO WELD
1801. DESCRIPTION:
1802. WELD COUNTY, COLORADO
1803. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
0000. SECTION 13: PART OF THE SE/4, DESCRIBED IN METES & BOUNDS
1805. IN THE LEASE; AND
1806. SECTION 24: PART OF THE NE/4, DESCRIBED IN METES & BOUNDS
1807. IN THE LEASE.
1808.
1809. LEASE NUMBER: CO-050007-0078
1810. LESSOR: XXXXXX XXXXX
1811. LESSEE: CENTENNIAL PETROLEUM INC
1812. LEASE DATE: 07/17/1981
1813. RECORDED: BOOK PAGE ENTRY STATE COUNTY
1814. ------------------------------------------------------------
1815. 943 1864893 COLORADO WELD
1816. DESCRIPTION:
1817. WELD COUNTY, COLORADO
1818. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
0000. SECTION 20: NW/4NW/4
1820.
1821. LEASE NUMBER: CO-050007-0079-001
1822. LESSOR: XXX X XXXXXX; XXXXXXXX X XXXXXX
1823. LESSEE: ENERGY MINERALS CORPORATION
1824. LEASE DATE: 01/18/1982
1825. RECORDED: BOOK PAGE ENTRY STATE COUNTY
1826. ------------------------------------------------------------
1827. 961 1883624 COLORADO WELD
1828. DESCRIPTION:
1829. WELD COUNTY, COLORADO
1830. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
0000. SECTION 30: SW/4NE/4
1832. DEEP RIGHTS ONLY, FROM THE BASE OF THE CODELL DOWN TO THE
1833. DEEPEST DEPTH OWNED
1834.
1835. LEASE NUMBER: CO-050007-0079-002
1836. LESSOR: XXXXXX X XXXXX; XXXX X XXXXX
1837. LESSEE: ENERGY MINERALS CORPORATION
1838. LEASE DATE: 03/18/1983
1839. RECORDED: BOOK PAGE ENTRY STATE COUNTY
1840. ------------------------------------------------------------
1841. 992 1922555 COLORADO WELD
1842. DESCRIPTION:
1843. WELD COUNTY, COLORADO
1844. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
0000. SECTION 30: NW/4NE/4, SE/4NE/4 AND NE/4NE/4 AND SW/4NE/4,
1846. LIMITED IN DEPTH FROM THE BASE OF THE CODELL DOWN TO THE
1847. DEEPEST DEPTH OWNED
1848.
1849. LEASE NUMBER: CO-050007-0080
1850. LESSOR: XXXXXX X XXXXX; XXXXX XXXXX
1851. LESSEE: MISSION OIL COMPANY
1852. LEASE DATE: 05/21/1986
1853. RECORDED: BOOK PAGE ENTRY STATE COUNTY
1854. ------------------------------------------------------------
1855. 0000 0000000 COLORADO WELD
1856. DESCRIPTION:
1857. WELD COUNTY, COLORADO
1858. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
0000. SECTION 24: 31.74 ACRES OUT OF THE SW/4NW/4; AND
1860. SECTION 13: SE/4SW/4, LESS 6.29 ACRE TRACT
1861.
1862. LEASE NUMBER: CO-050007-0081
1863. LESSOR: XXXXX XXXXXX, A WIDOWER
1864. LESSEE: X X XXXX
1865. LEASE DATE: 02/13/1970
1866. RECORDED: BOOK PAGE ENTRY STATE COUNTY
1867. ------------------------------------------------------------
1868. 624 1545883 COLORADO WELD
1869. DESCRIPTION:
1870. WELD COUNTY, COLORADO
1871. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
0000. SECTION 28: PART OF THE NE/4SE/4
1873. SECTION 28: SW/4SE/4 AND SE/4SE/4, LIMITED IN DEPTH FROM
1874. THE BASE OF THE CODELL DOWN TO THE DEEPEST DEPTH OWNED.
1875. ALL CONTAINING 119.77 ACRES, MORE OR LESS
1876.
1877. LEASE NUMBER: CO-050007-0082-001
1878. LESSOR: XXXXX X XXXXXX, A MARRIED WOMAN DEALING IN HER SOLE AND
1879. SEPARATE PROPERTY
1880. LESSEE: AEON ENERGY CO
1881. LEASE DATE: 10/08/1981
1882. RECORDED: BOOK PAGE ENTRY STATE COUNTY
1883. ------------------------------------------------------------
1884. 953 1875209 COLORADO WELD
1885. DESCRIPTION:
1886. WELD COUNTY, COLORADO
1887. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
0000. SECTION 28: PART OF THE NE/4SE/4
1889. SECTION 28: SW/4SE/4 AND SE/4SE/4, LIMITED IN DEPTH FROM
1890. THE BASE OF THE CODELL DOWN TO THE DEEPEST DEPTH OWNED.
1891.
1892. LEASE NUMBER: CO-050007-0082-002
1893. LESSOR: XXXX X XXXX, A MARRIED WOMAN DEALING IN HER SOLE AND
1894. SEPARATE PROPERTY
1895. LESSEE: AEON ENERGY CO
1896. LEASE DATE: 10/08/1981
1897. RECORDED: BOOK PAGE ENTRY STATE COUNTY
1898. ------------------------------------------------------------
1899. 953 1875210 COLORADO WELD
1900. DESCRIPTION:
1901. WELD COUNTY, COLORADO
1902. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
0000. SECTION 28: PART OF THE NE/4SE/4
1904. SECTION 28: SW/4SE/4 AND SE/4SE/4, LIMITED IN DEPTH FROM
1905. THE BASE OF THE CODELL DOWN TO THE DEEPEST DEPTH OWNED.
1906.
1907. LEASE NUMBER: CO-050007-0082-003
1908. LESSOR: XXXXX X XXXXX, A MARRIED WOMAN DEALING IN HER SOLE AND
1909. SEPARATE PROPERTY
1910. LESSEE: AEON ENERGY CO
1911. LEASE DATE: 10/08/1981
1912. RECORDED: BOOK PAGE ENTRY STATE COUNTY
1913. ------------------------------------------------------------
1914. 953 1875211 COLORADO WELD
1915. DESCRIPTION:
1916. WELD COUNTY, COLORADO
1917. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
0000. SECTION 28: PART OF THE NE/4SE/4
1919. SECTION 28: SW/4SE/4 AND SE/4SE/4, LIMITED IN DEPTH FROM
1920. THE BASE OF THE CODELL DOWN TO THE DEEPEST DEPTH OWNED.
1921.
1922. LEASE NUMBER: CO-050007-0083
1923. LESSOR: XXXX X XXXXXXX; XXXXX X XXXXXXX
1924. LESSEE: BATAA OIL INC
1925. LEASE DATE: 09/18/1989
1926. RECORDED: BOOK PAGE ENTRY STATE COUNTY
1927. ------------------------------------------------------------
1928. 0000 0000000 COLORADO WELD
1929. DESCRIPTION:
1930. WELD COUNTY, COLORADO
1931. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
0000. SECTION 28: PART OF THE NE/4SE/4
1933. SECTION 28: PART OF THE SE/4SE/4, LIMITED IN DEPTH FROM THE
1934. BASE OF THE CODELL DOWN TO THE DEEPEST DEPTH OWNED.
1935.
1936. LEASE NUMBER: CO-050007-0084
1937. LESSOR: XXXXXXXX X XXXXXXXX, A SINGLE WOMAN
1938. LESSEE: BATAA OIL INC
1939. LEASE DATE: 10/02/1989
1940. RECORDED: BOOK PAGE ENTRY STATE COUNTY
1941. ------------------------------------------------------------
1942. 0000 0000000 COLORADO WELD
1943. DESCRIPTION:
1944. WELD COUNTY, COLORADO
1945. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
0000. SECTION 28: PART OF THE NE/4SE/4
1947. SECTION 28: PART OF THE SE/4SE/4, LIMITED IN DEPTH FROM THE
1948. BASE OF THE CODELL DOWN TO THE DEEPEST DEPTH OWNED.
1949.
1950. LEASE NUMBER: CO-050007-0085
1951. LESSOR: XXXXXXXXX X XXXXX
1952. LESSEE: BATAA OIL INC
1953. LEASE DATE: 09/18/1989
1954. RECORDED: BOOK PAGE ENTRY STATE COUNTY
1955. ------------------------------------------------------------
1956. 0000 0000000 COLORADO WELD
1957. DESCRIPTION:
1958. WELD COUNTY, COLORADO
1959. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
0000. SECTION 28: PART OF THE NE/4SE/4
1961. SECTION 28: PART OF THE SE/4SE/4, LIMITED IN DEPTH FROM THE
1962. BASE OF THE CODELL DOWN TO THE DEEPEST DEPTH OWNED.
1963. ALL CONTAINING 79.77 ACRES, MORE OR LESS
1964.
1965. LEASE NUMBER: CO-050007-0086
1966. LESSOR: XXXXX XXXXXXXXXX XX XXXXXXXX, XXXXXXXX XX XXXXXXXX, XXXXX
0000. OF COLORADO
1968. LESSEE: BATAA OIL INC
1969. LEASE DATE: 09/21/1989
1970. RECORDED: BOOK PAGE ENTRY STATE COUNTY
1971. ------------------------------------------------------------
1972. 0000 0000000 COLORADO WELD
1973. DESCRIPTION:
1974. WELD COUNTY, COLORADO
1975. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
0000. SECTION 28: PART OF THE NE/4SE/4
1977. SECTION 28: PART OF THE SE/4SE/4, LIMITED IN DEPTH FROM THE
1978. BASE OF THE CODELL DOWN TO THE DEEPEST DEPTH OWNED.
1979.
1980. LEASE NUMBER: CO-050007-0087
1981. LESSOR: XXXXXX X XXXXX, SUCCESSOR TRUSTEE OF THE GILCREST TOWNSITE
1982. COMPANY, A DISSOLVED COLORADO CORPORATION, TRUST
1983. LESSEE: BATAA OIL INC
1984. LEASE DATE: 08/14/1990
1985. RECORDED: BOOK PAGE ENTRY STATE COUNTY
1986. ------------------------------------------------------------
1987. 0000 0000000 COLORADO WELD
1988. DESCRIPTION:
1989. WELD COUNTY, COLORADO
1990. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
0000. SECTION 28: PART OF THE NE/4SE/4
1992. SECTION 28: PART OF THE SE/4SE/4, LIMITED IN DEPTH FROM THE
1993. BASE OF THE CODELL DOWN TO THE DEEPEST DEPTH OWNED.
1994.
1995. LEASE NUMBER: CO-050007-0088
1996. LESSOR: UNION PACIFIC RESOURCES COMPANY
1997. LESSEE: PRIMA OIL AND GAS COMPANY
1998. LEASE DATE: 12/01/1989
1999. RECORDED: BOOK PAGE ENTRY STATE COUNTY
2000. ------------------------------------------------------------
2001. 0000 0000000 COLORADO WELD
2002. DESCRIPTION:
2003. WELD COUNTY, COLORADO
2004. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
0000. SECTION 24: 2.2 ACRES OUT OF SW/4NW/4
2006.
2007. LEASE NUMBER: CO-050007-0089-001
2008. LESSOR: XXXXX XXX XXXX; XXXX XXX XXXX
2009. LESSEE: SUNSHINE VALLEY PETROLEUM CORPORATION
2010. LEASE DATE: 12/01/1988
2011. RECORDED: BOOK PAGE ENTRY STATE COUNTY
2012. ------------------------------------------------------------
2013. 0000 0000000 COLORADO WELD
2014. DESCRIPTION:
2015. WELD COUNTY, COLORADO
2016. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
0000. SECTION 19: E/2 NW/4 AND LOTS A & B IN THE E/2NW/4
2018.
2019. LEASE NUMBER: CO-050007-0089-002
2020. LESSOR: XXXXX X XXXXXXX; XXXXX X XXXXXXX
2021. LESSEE: SUNSHINE VALLEY PETROLEUM CORPORATION
2022. LEASE DATE: 12/01/1988
2023. RECORDED: BOOK PAGE ENTRY STATE COUNTY
2024. ------------------------------------------------------------
2025. 0000 0000000 COLORADO WELD
2026. DESCRIPTION:
2027. WELD COUNTY, COLORADO
2028. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
0000. SECTION 19: E/2 NW/4 AND LOTS A & B IN THE E/2NW/4,
2030.
2031. LEASE NUMBER: CO-050007-0089-003
2032. LESSOR: XXXXXX XXXXXXXX
2033. LESSEE: SUNSHINE VALLEY PETROLEUM CORPORATION
2034. LEASE DATE: 08/12/1987
2035. RECORDED: BOOK PAGE ENTRY STATE COUNTY
2036. ------------------------------------------------------------
2037. 0000 0000000 COLORADO WELD
2038. DESCRIPTION:
2039. WELD COUNTY, COLORADO
2040. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
0000. SECTION 19: E/2 NW/4 AND LOTS A & B IN THE E/2NW/4
2042.
2043. LEASE NUMBER: CO-050007-0089-004
2044. LESSOR: XXXXXX X XXXXXX
2045. LESSEE: SUNSHINE VALLEY PETROLEUM CORPORATION
2046. LEASE DATE: 08/12/1987
2047. RECORDED: BOOK PAGE ENTRY STATE COUNTY
2048. ------------------------------------------------------------
2049. 0000 0000000 COLORADO WELD
2050. DESCRIPTION:
2051. WELD COUNTY, COLORADO
2052. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
0000. SECTION 19: E/2 NW/4 AND LOTS A & B IN THE E/2NW/4
2054.
2055. LEASE NUMBER: CO-050007-0089-005
2056. LESSOR: STOW L XXXXXX; XXXXX XXXXXX
2057. LESSEE: SUNSHINE VALLEY PETROLEUM CORPORATION
2058. LEASE DATE: 08/12/1987
2059. RECORDED: BOOK PAGE ENTRY STATE COUNTY
2060. ------------------------------------------------------------
2061. 0000 0000000 COLORADO WELD
2062. DESCRIPTION:
2063. WELD COUNTY, COLORADO
2064. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
0000. SECTION 19: E/2 NW/4 AND LOTS A & B IN THE E/2NW/4
2066.
2067. LEASE NUMBER: CO-050007-0090
2068. LESSOR: XXXX X XXXXXX; XXXXXX XXX XXXXXX
2069. LESSEE: SUNSHINE VALLEY PETROLEUM CORPORATION
2070. LEASE DATE: 08/12/1987
2071. RECORDED: BOOK PAGE ENTRY STATE COUNTY
2072. ------------------------------------------------------------
2073. 0000 0000000 COLORADO WELD
2074. DESCRIPTION:
2075. WELD COUNTY, COLORADO
2076. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
0000. SECTION 19: LOTS A & B IN THE E/2NW/4
2078.
2079. LEASE NUMBER: CO-050007-0091-001
2080. LESSOR: THE XXXXXXXX X XXXXXX FAMILY TRUST, XXXX XXXXX XXXXXX,
2081. TRUSTEE
2082. LESSEE: SOUTHWESTERN EAGLE LLC
2083. LEASE DATE: 10/24/2002
2084. RECORDED: BOOK PAGE ENTRY STATE COUNTY
2085. ------------------------------------------------------------
2086. 2999551 COLORADO WELD
2087. DESCRIPTION:
2088. WELD COUNTY, COLORADO
2089. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
0000. SECTION 5: ALL OF THAT PORTION OF N/2SE/4 LYING EAST OF
2091. THE CENTER LINE OF CONSOLIDATED HILLSBOROUGH DITCH, AS SAME
2092. WAS LOCATED ON, OVER AND ACROSS SAID LANDS ON NOVEMBER 19,
2093. 1965, LESS AND EXCEPT A TRACT DESCRIBED AS LOT A WHICH
2094. CONTAINS 0.86956 ACRES, MORE OR LESS.
2095.
2096. LEASE NUMBER: CO-050007-0091-002
2097. LESSOR: XXXXXXXX X XXXXXX, A MARRIED MAN DEALING IN HIS SOLE AND
2098. SEPARATE PROPERTY
2099. LESSEE: SOUTHWESTERN EAGLE LLC
2100. LEASE DATE: 10/24/2002
2101. RECORDED: BOOK PAGE ENTRY STATE COUNTY
2102. ------------------------------------------------------------
2103. 2999550 COLORADO WELD
2104. DESCRIPTION:
2105. WELD COUNTY, COLORADO
2106. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
0000. SECTION 5: ALL OF THAT PORTION OF N/2SE/4 LYING EAST OF
2108. THE CENTER LINE OF CONSOLIDATED HILLSBOROUGH DITCH, AS SAME
2109. WAS LOCATED ON, OVER AND ACROSS SAID LANDS ON NOVEMBER 19,
2110. 1965, LESS AND EXCEPT A TRACT DESCRIBED AS LOT A WHICH
2111. CONTAINS 0.86956 ACRES, MORE OR LESS ACCORDING TO THE
2112. RECORDED SURVEY.
2113. TOTAL ACRES CONTAINING 54.13044
2114.
2115. LEASE NUMBER: CO-050007-0092
2116. LESSOR: XXXXXXX XXX XXXX XXXXXX XXXXXX XXXXXXXX XX-0-X, A
2117. GOVERNMENTAL SUBDIVISION OF THE STATE OF COLORADO, ACTING
2118. BY AND THROUGH ITS BOARD OF EDUCATION
2119. LESSEE: XXXXXX X XX XXXX
0000. LEASE DATE: 10/31/1979
2121. RECORDED: BOOK PAGE ENTRY STATE COUNTY
2122. ------------------------------------------------------------
2123. 890 1811695 COLORADO WELD
2124. DESCRIPTION:
2125. WELD COUNTY, COLORADO
2126. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
0000. SECTION 5: METES AND BOUNDS DESCRIBED IN NE/4SE/4
2128.
2129. LEASE NUMBER: CO-050007-0093
2130. LESSOR: D P M INVESTMENTS
2131. LESSEE: XXXX XXXXXXX EXPLORATION INC
2132. LEASE DATE: 03/02/1983
2133. RECORDED: BOOK PAGE ENTRY STATE COUNTY
2134. ------------------------------------------------------------
2135. 994 1924122 COLORADO WELD
2136. DESCRIPTION:
2137. WELD COUNTY, COLORADO
2138. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
0000. SECTION 5: METES AND BOUNDS DESCRIBED IN NE/4SE/4
2140.
2141. LEASE NUMBER: CO-050007-0094
2142. LESSOR: XXXXXXXX XXXXXXX; XXXXX X XXXXXXX; XXXXXXX X XXXXXXX; XXXXX
2143. G TRIMBLE
2144. LESSEE: XXXX XXXXXXX EXPLORATION INC
2145. LEASE DATE: 03/02/1983
2146. RECORDED: BOOK PAGE ENTRY STATE COUNTY
2147. ------------------------------------------------------------
2148. 995 1925347 COLORADO WELD
2149. DESCRIPTION:
2150. WELD COUNTY, COLORADO
2151. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
0000. SECTION 5: METES AND BOUNDS DESCRIBED IN NE/4SE/4
2153.
2154. LEASE NUMBER: CO-050007-0095
2155. LESSOR: PUBLIC SERVICE COMPANY OF COLORADO, A COLORADO CORPORATION
2156. C/O FUELCO
2157. LESSEE: MISSION OIL CORPORATION
2158. LEASE DATE: 04/01/1985
2159. RECORDED: BOOK PAGE ENTRY STATE COUNTY
2160. ------------------------------------------------------------
2161. 0000 0000000 COLORADO WELD
2162. DESCRIPTION:
2163. WELD COUNTY, COLORADO
2164. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
0000. SECTION 13: PART OF THE SE/4, DESCRIBED BY METES & BOUNDS
2166. IN THE LEASE; AND
2167. SECTION 24: PART OF THE NE/4, DESCRIBED BY METES & BOUNDS
2168. IN THE LEASE.
2169.
2170. LEASE NUMBER: CO-050007-0096
2171. LESSOR: XXX XXXXXXXXX X/X/X XXXXXXXX XXXXXXXXX; XXXXXX X XXXXXXXXX
0000. LESSEE: X X XXXX
2173. LEASE DATE: 03/21/1970
2174. RECORDED: BOOK PAGE ENTRY STATE COUNTY
2175. ------------------------------------------------------------
2176. 633 1555212 COLORADO WELD
2177. DESCRIPTION:
2178. WELD COUNTY, COLORADO
2179. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
0000. SECTION 13: PART OF THE SE/4, DESCRIBED BY METES & BOUNDS
2181. IN THE LEASE; AND
2182. SECTION 24: PART OF THE NE/4, DESCRIBED BY METES & BOUNDS
2183. IN THE LEASE.
2184.
2185. LEASE NUMBER: CO-050007-0097
2186. LESSOR: UNION PACIFIC RESOURCES COMPANY
2187. LESSEE: PRIMA OIL AND GAS COMPANY
2188. LEASE DATE: 12/01/1989
2189. RECORDED: BOOK PAGE ENTRY STATE COUNTY
2190. ------------------------------------------------------------
2191. 0000 0000000 COLORADO WELD
2192. DESCRIPTION:
2193. WELD COUNTY, COLORADO
2194. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
0000. SECTION 24: 3.67 ACRES OUT OF THE SE/4NW/4
2196.
2197. LEASE NUMBER: CO-050007-0098
2198. LESSOR: AMOCO PRODUCTION COMPANY
2199. LESSEE: PRIMA OIL AND GAS COMPANY
2200. LEASE DATE: 08/01/1992
2201. RECORDED: BOOK PAGE ENTRY STATE COUNTY
2202. ------------------------------------------------------------
2203. 0000 0000000 COLORADO WELD
2204. DESCRIPTION:
2205. WELD COUNTY, COLORADO
2206. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
0000. SECTION 24: 200 FOOT WIDE STRIP IN THE N/2NW/4, CONTAINING
2208. 6.06 ACRES, MORE OR LESS.
2209.
2210. LEASE NUMBER: CO-050007-0099-001
2211. LESSOR: TOLLGATE FARMS INC, A COLORADO CORPORATION
2212. LESSEE: CENTENNIAL PETROLEUM INC
2213. LEASE DATE: 09/29/1981
2214. RECORDED: BOOK PAGE ENTRY STATE COUNTY
2215. ------------------------------------------------------------
2216. 954 1876445 COLORADO WELD
2217. DESCRIPTION:
2218. WELD COUNTY, COLORADO
2219. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
0000. SECTION 29: PART OF THE N/2NW/4 (XXXXXX #1); PART OF THE
2221. S/2NW/4 (XXXXXX #1); AND
2222. SECTION 29: PART OF THE E/2NE/4 AND PART OF THE W/2NE/4,
2223. DEEP RIGHTS ONLY, LIMITED IN DEPTH FROM THE BASE OF THE
2224. CODELL DOWN TO THE DEEPEST DEPTH OWNED.
2225.
2226. LEASE NUMBER: CO-050007-0099-002
2227. LESSOR: XXXXXXX X XXXXX; XXXXXXXX X XXXXX
2228. LESSEE: CENTENNIAL PETROLEUM INC
2229. LEASE DATE: 09/29/1981
2230. RECORDED: BOOK PAGE ENTRY STATE COUNTY
2231. ------------------------------------------------------------
2232. 963 1885596 COLORADO WELD
2233. DESCRIPTION:
2234. WELD COUNTY, COLORADO
2235. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
0000. SECTION 29: PART OF THE N/2NW/4 (XXXXXX #1); PART OF THE
2237. S/2NW/4 (XXXXXX #1); AND
2238. SECTION 29: PART OF THE E/2NE/4 AND PART OF THE W/2NE/4,
2239. DEEP RIGHTS ONLY, LIMITED IN DEPTH FROM THE BASE OF THE
2240. CODELL DOWN TO THE DEEPEST DEPTH OWNED.
2241.
2242. LEASE NUMBER: CO-050007-0100-001
2243. LESSOR: XXXX XXX, A WIDOW
2244. LESSEE: CENTENNIAL PETROLEUM INC
2245. LEASE DATE: 10/06/1981
2246. RECORDED: BOOK PAGE ENTRY STATE COUNTY
2247. ------------------------------------------------------------
2248. 950 1871977 COLORADO WELD
2249. DESCRIPTION:
2250. WELD COUNTY, COLORADO
2251. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
0000. SECTION 29: PART OF THE N/2NW/4 (XXXXXX #1); PART OF THE
2253. S/2NW/4 (XXXXXX #1); AND
2254. SECTION 29: PART OF THE E/2NE/4 AND PART OF THE W/2NE/4,
2255. DEEP RIGHTS ONLY, LIMITED IN DEPTH FROM THE BASE OF THE
2256. CODELL DOWN TO THE DEEPEST DEPTH OWNED.
2257.
2258. LEASE NUMBER: CO-050007-0100-002
2259. LESSOR: XXXXXX XXXXXX, A WIDOW
2260. LESSEE: CENTENNIAL PETROLEUM INC
2261. LEASE DATE: 10/06/1981
2262. RECORDED: BOOK PAGE ENTRY STATE COUNTY
2263. ------------------------------------------------------------
2264. 952 1873758 COLORADO WELD
2265. DESCRIPTION:
2266. WELD COUNTY, COLORADO
2267. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
0000. SECTION 29: PART OF THE N/2NW/4 (XXXXXX #1); PART OF THE
2269. S/2NW/4 (XXXXXX #1); AND
2270. SECTION 29: PART OF THE E/2NE/4 AND PART OF THE W/2NE/4,
2271. DEEP RIGHTS ONLY, LIMITED IN DEPTH FROM THE BASE OF THE
2272. CODELL DOWN TO THE DEEPEST DEPTH OWNED.
2273.
2274. LEASE NUMBER: CO-050007-0100-003
2275. LESSOR: XXXXXX XXXXXXX, A WIDOW
2276. LESSEE: CENTENNIAL PETROLEUM INC
2277. LEASE DATE: 10/06/1981
2278. RECORDED: BOOK PAGE ENTRY STATE COUNTY
2279. ------------------------------------------------------------
2280. 952 1873941 COLORADO WELD
2281. DESCRIPTION:
2282. WELD COUNTY, COLORADO
2283. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
0000. SECTION 29: PART OF THE N/2NW/4 (XXXXXX #1); PART OF THE
2285. S/2NW/4 (XXXXXX #1); AND
2286. SECTION 29: PART OF THE E/2NE/4 AND PART OF THE W/2NE/4,
2287. DEEP RIGHTS ONLY, LIMITED IN DEPTH FROM THE BASE OF THE
2288. CODELL DOWN TO THE DEEPEST DEPTH OWNED.
2289.
2290. LEASE NUMBER: CO-050007-0100-004
2291. LESSOR: XXX XXXXXX, A WIDOW
2292. LESSEE: CENTENNIAL PETROLEUM INC
2293. LEASE DATE: 10/06/1981
2294. RECORDED: BOOK PAGE ENTRY STATE COUNTY
2295. ------------------------------------------------------------
2296. 950 1871979 COLORADO WELD
2297. DESCRIPTION:
2298. WELD COUNTY, COLORADO
2299. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX,
0000. SECTION 29: PART OF THE N/2NW/4 (XXXXXX #1); PART OF THE
2301. S/2NW/4 (XXXXXX #1); AND
2302. SECTION 29: PART OF THE E/2NE/4 AND PART OF THE W/2NE/4,
2303. DEEP RIGHTS ONLY, LIMITED IN DEPTH FROM THE BASE OF THE
2304. CODELL DOWN TO THE DEEPEST DEPTH OWNED.
2305.
2306. LEASE NUMBER: CO-050007-0100-005
2307. LESSOR: XXXXXX XXXX, A WIDOW
2308. LESSEE: CENTENNIAL PETROLEUM INC
2309. LEASE DATE: 10/05/1981
2310. RECORDED: BOOK PAGE ENTRY STATE COUNTY
2311. ------------------------------------------------------------
2312. 950 1871978 COLORADO WELD
2313. DESCRIPTION:
2314. WELD COUNTY, COLORADO
2315. TOWNSHIP 4 NORTH, RANGE 66 WEST,
2316. SECTION 29: PART OF THE N/2NW/4 (DERREK #1); PART OF THE
2317. S/2NW/4 (MATTIE #1); AND
2318. SECTION 29: PART OF THE E/2NE/4 AND PART OF THE W/2NE/4,
2319. DEEP RIGHTS ONLY, LIMITED IN DEPTH FROM THE BASE OF THE
2320. CODELL DOWN TO THE DEEPEST DEPTH OWNED.
2321.
2322. LEASE NUMBER: CO-050007-0100-006
2323. LESSOR: CLARENCE C COPE; PEARL E COPE
2324. LESSEE: CENTENNIAL PETROLEUM INC
2325. LEASE DATE: 10/05/1981
2326. RECORDED: BOOK PAGE ENTRY STATE COUNTY
2327. ------------------------------------------------------------
2328. 952 1873757 COLORADO WELD
2329. DESCRIPTION:
2330. WELD COUNTY, COLORADO
2331. TOWNSHIP 4 NORTH, RANGE 66 WEST,
2332. SECTION 29: PART OF THE N/2NW/4 (DERREK #1); PART OF THE
2333. S/2NW/4 (MATTIE #1); AND
2334. SECTION 29: PART OF THE E/2NE/4 AND PART OF THE W/2NE/4,
2335. DEEP RIGHTS ONLY, LIMITED IN DEPTH FROM THE BASE OF THE
2336. CODELL DOWN TO THE DEEPEST DEPTH OWNED.
2337.
2338. LEASE NUMBER: CO-050007-0100-007
2339. LESSOR: SARAH E HEDGCOCK; THOMAS B HEDGECOCK
2340. LESSEE: CENTENNIAL PETROLEUM INC
2341. LEASE DATE: 10/05/1981
2342. RECORDED: BOOK PAGE ENTRY STATE COUNTY
2343. ------------------------------------------------------------
2344. 952 1873759 COLORADO WELD
2345. DESCRIPTION:
2346. WELD COUNTY, COLORADO
2347. TOWNSHIP 4 NORTH, RANGE 66 WEST,
2348. SECTION 29: PART OF THE N/2NW/4 (DERREK #1); PART OF THE
2349. S/2NW/4 (MATTIE #1); AND
2350. SECTION 29: PART OF THE E/2NE/4 AND PART OF THE W/2NE/4,
2351. DEEP RIGHTS ONLY, LIMITED IN DEPTH FROM THE BASE OF THE
2352. CODELL DOWN TO THE DEEPEST DEPTH OWNED.
2353.
2354. LEASE NUMBER: CO-050007-0100-008
2355. LESSOR: JAMES E DAVIS; SHARON L DAVIS
2356. LESSEE: CENTENNIAL PETROLEUM INC
2357. LEASE DATE: 10/05/1981
2358. RECORDED: BOOK PAGE ENTRY STATE COUNTY
2359. ------------------------------------------------------------
2360. 952 1873753 COLORADO WELD
2361. DESCRIPTION:
2362. WELD COUNTY, COLORADO
2363. TOWNSHIP 4 NORTH, RANGE 66 WEST,
2364. SECTION 29: PART OF THE N/2NW/4 (DERREK #1); PART OF THE
2365. S/2NW/4 (MATTIE #1); AND
2366. SECTION 29: PART OF THE E/2NE/4 AND PART OF THE W/2NE/4,
2367. DEEP RIGHTS ONLY, LIMITED IN DEPTH FROM THE BASE OF THE
2368. CODELL DOWN TO THE DEEPEST DEPTH OWNED.
2369.
2370. LEASE NUMBER: CO-050007-0100-009
2371. LESSOR: PATRICIA J WALTERS; LEROY WALTERS
2372. LESSEE: CENTENNIAL PETROLEUM INC
2373. LEASE DATE: 10/05/1981
2374. RECORDED: BOOK PAGE ENTRY STATE COUNTY
2375. ------------------------------------------------------------
2376. 952 1873760 COLORADO WELD
2377. DESCRIPTION:
2378. WELD COUNTY, COLORADO
2379. TOWNSHIP 4 NORTH, RANGE 66 WEST,
2380. SECTION 29: PART OF THE N/2NW/4 (DERREK #1); PART OF THE
2381. S/2NW/4 (MATTIE #1); AND
2382. SECTION 29: PART OF THE E/2NE/4 AND PART OF THE W/2NE/4,
2383. DEEP RIGHTS ONLY, LIMITED IN DEPTH FROM THE BASE OF THE
2384. CODELL DOWN TO THE DEEPEST DEPTH OWNED.
2385.
2386. LEASE NUMBER: CO-050007-0100-010
2387. LESSOR: JOHN W DAVIS; ELEANOR JEAN DAVIS
2388. LESSEE: CENTENNIAL PETROLEUM INC
2389. LEASE DATE: 10/05/1981
2390. RECORDED: BOOK PAGE ENTRY STATE COUNTY
2391. ------------------------------------------------------------
2392. 952 1874282 COLORADO WELD
2393. DESCRIPTION:
2394. WELD COUNTY, COLORADO
2395. TOWNSHIP 4 NORTH, RANGE 66 WEST,
2396. SECTION 29: PART OF THE N/2NW/4 (DERREK #1); PART OF THE
2397. S/2NW/4 (MATTIE #1); AND
2398. SECTION 29: PART OF THE E/2NE/4 AND PART OF THE W/2NE/4,
2399. DEEP RIGHTS ONLY, LIMITED IN DEPTH FROM THE BASE OF THE
2400. CODELL DOWN TO THE DEEPEST DEPTH OWNED.
2401.
2402. LEASE NUMBER: CO-050007-0100-011
2403. LESSOR: MARJORIE MATHIAS; DELMER H MATHIAS
2404. LESSEE: CENTENNIAL PETROLEUM INC
2405. LEASE DATE: 10/05/1981
2406. RECORDED: BOOK PAGE ENTRY STATE COUNTY
2407. ------------------------------------------------------------
2408. 952 1873756 COLORADO WELD
2409. DESCRIPTION:
2410. WELD COUNTY, COLORADO
2411. TOWNSHIP 4 NORTH, RANGE 66 WEST,
2412. SECTION 29: PART OF THE N/2NW/4 (DERREK #1); PART OF THE
2413. S/2NW/4 (MATTIE #1); AND
2414. SECTION 29: PART OF THE E/2NE/4 AND PART OF THE W/2NE/4,
2415. DEEP RIGHTS ONLY, LIMITED IN DEPTH FROM THE BASE OF THE
2416. CODELL DOWN TO THE DEEPEST DEPTH OWNED.
2417.
2418. LEASE NUMBER: CO-050007-0100-012
2419. LESSOR: CHARLES W OSTER; WANDA M OSTER
2420. LESSEE: CENTENNIAL PETROLEUM INC
2421. LEASE DATE: 10/05/1981
2422. RECORDED: BOOK PAGE ENTRY STATE COUNTY
2423. ------------------------------------------------------------
2424. 950 1871976 COLORADO WELD
2425. DESCRIPTION:
2426. WELD COUNTY, COLORADO
2427. TOWNSHIP 4 NORTH, RANGE 66 WEST,
2428. SECTION 29: PART OF THE N/2NW/4 (DERREK #1); PART OF THE
2429. S/2NW/4 (MATTIE #1); AND
2430. SECTION 29: PART OF THE E/2NE/4 AND PART OF THE W/2NE/4,
2431. DEEP RIGHTS ONLY, LIMITED IN DEPTH FROM THE BASE OF THE
2432. CODELL DOWN TO THE DEEPEST DEPTH OWNED.
2433.
2434. LEASE NUMBER: CO-050007-0100-013
2435. LESSOR: VERNA A CAMPBELL; SIDNEY D CAMPBELL
2436. LESSEE: CENTENNIAL PETROLEUM INC
2437. LEASE DATE: 10/05/1981
2438. RECORDED: BOOK PAGE ENTRY STATE COUNTY
2439. ------------------------------------------------------------
2440. 952 1873754 COLORADO WELD
2441. DESCRIPTION:
2442. WELD COUNTY, COLORADO
2443. TOWNSHIP 4 NORTH, RANGE 66 WEST,
2444. SECTION 29: PART OF THE N/2NW/4 (DERREK #1); PART OF THE
2445. S/2NW/4 (MATTIE #1); AND
2446. SECTION 29: PART OF THE E/2NE/4 AND PART OF THE W/2NE/4,
2447. DEEP RIGHTS ONLY, LIMITED IN DEPTH FROM THE BASE OF THE
2448. CODELL DOWN TO THE DEEPEST DEPTH OWNED.
2449.
2450. LEASE NUMBER: CO-050007-0100-014
2451. LESSOR: MARTHA H SWANSON, A WIDOW
2452. LESSEE: CENTENNIAL PETROLEUM INC
2453. LEASE DATE: 10/05/1981
2454. RECORDED: BOOK PAGE ENTRY STATE COUNTY
2455. ------------------------------------------------------------
2456. 952 1873755 COLORADO WELD
2457. DESCRIPTION:
2458. WELD COUNTY, COLORADO
2459. TOWNSHIP 4 NORTH, RANGE 66 WEST,
2460. SECTION 29: PART OF THE N/2NW/4 (DERREK #1); PART OF THE
2461. S/2NW/4 (MATTIE #1); AND
2462. SECTION 29: PART OF THE E/2NE/4 AND PART OF THE W/2NE/4,
2463. DEEP RIGHTS ONLY, LIMITED IN DEPTH FROM THE BASE OF THE
2464. CODELL DOWN TO THE DEEPEST DEPTH OWNED.
2465.
2466. LEASE NUMBER: CO-050007-0100-015
2467. LESSOR: MARY S SWANSON MILLER, A WIDOW
2468. LESSEE: CENTENNIAL PETROLEUM INC
2469. LEASE DATE: 10/05/1981
2470. RECORDED: BOOK PAGE ENTRY STATE COUNTY
2471. ------------------------------------------------------------
2472. 950 1871980 COLORADO WELD
2473. DESCRIPTION:
2474. WELD COUNTY, COLORADO
2475. TOWNSHIP 4 NORTH, RANGE 66 WEST,
2476. SECTION 29: PART OF THE N/2NW/4 (DERREK #1); PART OF THE
2477. S/2NW/4 (MATTIE #1); AND
2478. SECTION 29: PART OF THE E/2NE/4 AND PART OF THE W/2NE/4,
2479. DEEP RIGHTS ONLY, LIMITED IN DEPTH FROM THE BASE OF THE
2480. CODELL DOWN TO THE DEEPEST DEPTH OWNED.
2481.
2482. LEASE NUMBER: CO-050007-0100-016
2483. LESSOR: FLORENCE JOHNSON
2484. LESSEE: CENTENNIAL PETROLEUM INC
2485. LEASE DATE: 09/12/1985
2486. RECORDED: BOOK PAGE ENTRY STATE COUNTY
2487. ------------------------------------------------------------
2488. 1084 2024797 COLORADO WELD
2489. DESCRIPTION:
2490. WELD COUNTY, COLORADO
2491. TOWNSHIP 4 NORTH, RANGE 66 WEST,
2492. SECTION 29: PART OF THE N/2NW/4 (DERREK #1); PART OF THE
2493. S/2NW/4 (MATTIE #1); AND
2494. SECTION 29: PART OF THE E/2NE/4 AND PART OF THE W/2NE/4,
2495. DEEP RIGHTS ONLY, LIMITED IN DEPTH FROM THE BASE OF THE
2496. CODELL DOWN TO THE DEEPEST DEPTH OWNED.
2497.
2498. LEASE NUMBER: CO-050007-0100-017
2499. LESSOR: WALTER EUGENE SWANSON
2500. LESSEE: MISSION OIL CORPORATION
2501. LEASE DATE: 09/16/1985
2502. RECORDED: BOOK PAGE ENTRY STATE COUNTY
2503. ------------------------------------------------------------
2504. 1089 2030117 COLORADO WELD
2505. DESCRIPTION:
2506. WELD COUNTY, COLORADO
2507. TOWNSHIP 4 NORTH, RANGE 66 WEST,
2508. SECTION 29: PART OF THE N/2NW/4 (DERREK #1); PART OF THE
2509. S/2NW/4 (MATTIE #1); AND
2510. SECTION 29: PART OF THE E/2NE/4 AND PART OF THE W/2NE/4,
2511. DEEP RIGHTS ONLY, LIMITED IN DEPTH FROM THE BASE OF THE
2512. CODELL DOWN TO THE DEEPEST DEPTH OWNED.
2513.
2514. LEASE NUMBER: CO-050007-0100-018
2515. LESSOR: ROBERT E SWANSON
2516. LESSEE: MISSION OIL CORPORATION
2517. LEASE DATE: 09/16/1985
2518. RECORDED: BOOK PAGE ENTRY STATE COUNTY
2519. ------------------------------------------------------------
2520. 1089 2030116 COLORADO WELD
2521. DESCRIPTION:
2522. WELD COUNTY, COLORADO
2523. TOWNSHIP 4 NORTH, RANGE 66 WEST,
2524. SECTION 29: PART OF THE N/2NW/4 (DERREK #1); PART OF THE
2525. S/2NW/4 (MATTIE #1); AND
2526. SECTION 29: PART OF THE E/2NE/4 AND PART OF THE W/2NE/4,
2527. DEEP RIGHTS ONLY, LIMITED IN DEPTH FROM THE BASE OF THE
2528. CODELL DOWN TO THE DEEPEST DEPTH OWNED.
2529.
2530. LEASE NUMBER: CO-050007-0100-019
2531. LESSOR: TRACY LEE COPE
2532. LESSEE: MISSION OIL CORPORATION
2533. LEASE DATE: 09/16/1985
2534. RECORDED: BOOK PAGE ENTRY STATE COUNTY
2535. ------------------------------------------------------------
2536. 1088 2028580 COLORADO WELD
2537. DESCRIPTION:
2538. WELD COUNTY, COLORADO
2539. TOWNSHIP 4 NORTH, RANGE 66 WEST,
2540. SECTION 29: PART OF THE N/2NW/4 (DERREK #1); PART OF THE
2541. S/2NW/4 (MATTIE #1); AND
2542. SECTION 29: PART OF THE E/2NE/4 AND PART OF THE W/2NE/4,
2543. DEEP RIGHTS ONLY, LIMITED IN DEPTH FROM THE BASE OF THE
2544. CODELL DOWN TO THE DEEPEST DEPTH OWNED.
2545.
2546. LEASE NUMBER: CO-050007-0100-020
2547. LESSOR: LAWRENCE PETER SWANSON
2548. LESSEE: MISSION OIL CORPORATION
2549. LEASE DATE: 09/16/1985
2550. RECORDED: BOOK PAGE ENTRY STATE COUNTY
2551. ------------------------------------------------------------
2552. 1088 2028577 COLORADO WELD
2553. DESCRIPTION:
2554. WELD COUNTY, COLORADO
2555. TOWNSHIP 4 NORTH, RANGE 66 WEST,
2556. SECTION 29: PART OF THE N/2NW/4 (DERREK #1); PART OF THE
2557. S/2NW/4 (MATTIE #1); AND
2558. SECTION 29: PART OF THE E/2NE/4 AND PART OF THE W/2NE/4,
2559. DEEP RIGHTS ONLY, LIMITED IN DEPTH FROM THE BASE OF THE
2560. CODELL DOWN TO THE DEEPEST DEPTH OWNED.
2561.
2562. LEASE NUMBER: CO-050007-0100-021
2563. LESSOR: BONNIE JEAN COPE ROGERS
2564. LESSEE: MISSION OIL CORPORATION
2565. LEASE DATE: 09/16/1985
2566. RECORDED: BOOK PAGE ENTRY STATE COUNTY
2567. ------------------------------------------------------------
2568. 1086 2027116 COLORADO WELD
2569. DESCRIPTION:
2570. WELD COUNTY, COLORADO
2571. TOWNSHIP 4 NORTH, RANGE 66 WEST,
2572. SECTION 29: PART OF THE N/2NW/4 (DERREK #1); PART OF THE
2573. S/2NW/4 (MATTIE #1); AND
2574. SECTION 29: PART OF THE E/2NE/4 AND PART OF THE W/2NE/4,
2575. DEEP RIGHTS ONLY, LIMITED IN DEPTH FROM THE BASE OF THE
2576. CODELL DOWN TO THE DEEPEST DEPTH OWNED.
2577.
2578. LEASE NUMBER: CO-050007-0100-022
2579. LESSOR: JOYCE SWANSON CATT
2580. LESSEE: MISSION OIL CORPORATION
2581. LEASE DATE: 09/16/1985
2582. RECORDED: BOOK PAGE ENTRY STATE COUNTY
2583. ------------------------------------------------------------
2584. 1094 2034513 COLORADO WELD
2585. DESCRIPTION:
2586. WELD COUNTY, COLORADO
2587. TOWNSHIP 4 NORTH, RANGE 66 WEST,
2588. SECTION 29: PART OF THE N/2NW/4 (DERREK #1); PART OF THE
2589. S/2NW/4 (MATTIE #1); AND
2590. SECTION 29: PART OF THE E/2NE/4 AND PART OF THE W/2NE/4,
2591. DEEP RIGHTS ONLY, LIMITED IN DEPTH FROM THE BASE OF THE
2592. CODELL DOWN TO THE DEEPEST DEPTH OWNED.
2593.
2594. LEASE NUMBER: CO-050007-0100-023
2595. LESSOR: KATHY W GARRISON, PARTNER OF THE K & B COMPANY
2596. LESSEE: MISSION OIL CORPORATION
2597. LEASE DATE: 09/24/1984
2598. RECORDED: BOOK PAGE ENTRY STATE COUNTY
2599. ------------------------------------------------------------
2600. 1049 1988278 COLORADO WELD
2601. DESCRIPTION:
2602. WELD COUNTY, COLORADO
2603. TOWNSHIP 4 NORTH, RANGE 66 WEST,
2604. SECTION 29: PART OF THE N/2NW/4 (DERREK #1); PART OF THE
2605. S/2NW/4 (MATTIE #1); AND
2606. SECTION 29: PART OF THE E/2NE/4 AND PART OF THE W/2NE/4,
2607. DEEP RIGHTS ONLY, LIMITED IN DEPTH FROM THE BASE OF THE
2608. CODELL DOWN TO THE DEEPEST DEPTH OWNED.
2609.
2610. LEASE NUMBER: CO-050007-0100-024
2611. LESSOR: WHEATLEY OIL COMPANY, A PARTNERSHIP
2612. LESSEE: INTRAWEST BANK OF GREELEY
2613. LEASE DATE: 09/24/1984
2614. RECORDED: BOOK PAGE ENTRY STATE COUNTY
2615. ------------------------------------------------------------
2616. 1049 1988279 COLORADO WELD
2617. DESCRIPTION:
2618. WELD COUNTY, COLORADO
2619. TOWNSHIP 4 NORTH, RANGE 66 WEST,
2620. SECTION 29: PART OF THE N/2NW/4 (DERREK #1); PART OF THE
2621. S/2NW/4 (MATTIE #1); AND
2622. SECTION 29: PART OF THE E/2NE/4 AND PART OF THE W/2NE/4,
2623. DEEP RIGHTS ONLY, LIMITED IN DEPTH FROM THE BASE OF THE
2624. CODELL DOWN TO THE DEEPEST DEPTH OWNED.
2625.
2626. LEASE NUMBER: CO-050007-0101-001
2627. LESSOR: ROBERT WIEDEMAN; ESTHER WIEDEMAN
2628. LESSEE: CENTENNIAL PETROLEUM INC
2629. LEASE DATE: 09/28/1981
2630. RECORDED: BOOK PAGE ENTRY STATE COUNTY
2631. ------------------------------------------------------------
2632. 950 1871975 COLORADO WELD
2633. DESCRIPTION:
2634. WELD COUNTY, COLORADO
2635. TOWNSHIP 4 NORTH, RANGE 66 WEST,
2636. SECTION 29: PART OF THE N/2NW/4 (DERREK #1); AND PART OF
2637. THE S/2NW/4 (MATTIE #1); AND
2638. SECTION 29: PART OF THE W/2NE/4 AND PART OF THE W/2SE/4
2639. AND PART OF THE E/2SW/4 AND NW/4SW/4 AND SW/4SW/4, LIMITED
2640. IN DEPTH TO THE BASE OF THE CODELL DOWN TO THE DEEPEST
2641. DEPTH OWNED
2642.
2643. LEASE NUMBER: CO-050007-0101-002
2644. LESSOR: JOHN M WHEELER; DOROTHY L WHEELER
2645. LESSEE: CENTENNIAL PETROLEUM INC
2646. LEASE DATE: 09/28/1981
2647. RECORDED: BOOK PAGE ENTRY STATE COUNTY
2648. ------------------------------------------------------------
2649. 950 1872362 COLORADO WELD
2650. DESCRIPTION:
2651. WELD COUNTY, COLORADO
2652. TOWNSHIP 4 NORTH, RANGE 66 WEST,
2653. SECTION 29: PART OF THE N/2NW/4 (DERREK #1); AND PART OF
2654. THE S/2NW/4 (MATTIE #1); AND
2655. SECTION 29: PART OF THE W/2NE/4 AND PART OF THE W/2SE/4
2656. AND PART OF THE E/2SW/4 AND NW/4SW/4 AND SW/4SW/4, LIMITED
2657. IN DEPTH TO THE BASE OF THE CODELL DOWN TO THE DEEPEST
2658. DEPTH OWNED
2659.
2660. LEASE NUMBER: CO-050007-0101-003
2661. LESSOR: HUGH FLOWER WHEELER; ANITA MARY WHEELER
2662. LESSEE: CENTENNIAL PETROLEUM INC
2663. LEASE DATE: 09/28/1981
2664. RECORDED: BOOK PAGE ENTRY STATE COUNTY
2665. ------------------------------------------------------------
2666. 949 1871290 COLORADO WELD
2667. DESCRIPTION:
2668. WELD COUNTY, COLORADO
2669. TOWNSHIP 4 NORTH, RANGE 66 WEST,
2670. SECTION 29: PART OF THE N/2NW/4 (DERREK #1); AND PART OF
2671. THE S/2NW/4 (MATTIE #1); AND
2672. SECTION 29: PART OF THE W/2NE/4 AND PART OF THE W/2SE/4
2673. AND PART OF THE E/2SW/4 AND NW/4SW/4 AND SW/4SW/4, LIMITED
2674. IN DEPTH TO THE BASE OF THE CODELL DOWN TO THE DEEPEST
2675. DEPTH OWNED
2676.
2677. LEASE NUMBER: CO-050007-0101-004
2678. LESSOR: CHARLES MOSHER WHEELER; POLLY A WHEELER
2679. LESSEE: CENTENNIAL PETROLEUM INC
2680. LEASE DATE: 09/28/1981
2681. RECORDED: BOOK PAGE ENTRY STATE COUNTY
2682. ------------------------------------------------------------
2683. 950 1872361 COLORADO WELD
2684. DESCRIPTION:
2685. WELD COUNTY, COLORADO
2686. TOWNSHIP 4 NORTH, RANGE 66 WEST,
2687. SECTION 29: PART OF THE N/2NW/4 (DERREK #1); AND PART OF
2688. THE S/2NW/4 (MATTIE #1); AND
2689. SECTION 29: PART OF THE W/2NE/4 AND PART OF THE W/2SE/4
2690. AND PART OF THE E/2SW/4 AND NW/4SW/4 AND SW/4SW/4, LIMITED
2691. IN DEPTH TO THE BASE OF THE CODELL DOWN TO THE DEEPEST
2692. DEPTH OWNED
2693.
2694. LEASE NUMBER: CO-050007-0102
2695. LESSOR: UNION PACIFIC RAILROAD COMPANY
2696. LESSEE: PAN AMERICAN PETROLEUM CORPORATION
2697. LEASE DATE: 11/03/1970
2698. RECORDED: BOOK PAGE ENTRY STATE COUNTY
2699. ------------------------------------------------------------
2700. 628 1559661 COLORADO WELD
2701. DESCRIPTION:
2702. WELD COUNTY, COLORADO
2703. TOWNSHIP 4 NORTH, RANGE 66 WEST,
2704. SECTION 31: SE/4 AND NW/4
2705.
2706. LEASE NUMBER: CO-050007-0103
2707. LESSOR: GERALDINE V GOODELL, A MARRIED WOMAN DEALING IN HER SOLE &
2708. SEPARATE PROPERTY
2709. LESSEE: AEON ENERGY CO
2710. LEASE DATE: 02/10/1982
2711. RECORDED: BOOK PAGE ENTRY STATE COUNTY
2712. ------------------------------------------------------------
2713. 962 1884662 COLORADO WELD
2714. DESCRIPTION:
2715. WELD COUNTY, COLORADO
2716. TOWNSHIP 4 NORTH, RANGE 66 WEST,
2717. SECTION 32: NW/4SW/4, W/2NE/4SW/4 , LIMITED IN DEPTH FROM
2718. THE BASE OF THE CODELL DOWN TO THE DEEPEST DEPTH OWNED
2719.
2720. LEASE NUMBER: CO-050007-0104
2721. LESSOR: WILMA M BROOKS A/K/A WILMA MAE BROOKS A/K/A WILMA BROOKS,
2722. AN UNMARRIED WOMAN
2723. LESSEE: AEON ENERGY CO
2724. LEASE DATE: 02/10/1982
2725. RECORDED: BOOK PAGE ENTRY STATE COUNTY
2726. ------------------------------------------------------------
2727. 962 1886032 COLORADO WELD
2728. DESCRIPTION:
2729. WELD COUNTY, COLORADO
2730. TOWNSHIP 4 NORTH, RANGE 66 WEST,
2731. SECTION 32: NW/4SW/4, W/2NE/4SW/4, LIMITED IN DEPTH FROM
2732. THE BASE OF THE CODELL DOWN TO THE DEEPEST DEPTH OWNED
2733.
2734. LEASE NUMBER: CO-050007-0105
2735. LESSOR: EATON CATTLE COMPANY, A COLORADO CORPORATION
2736. LESSEE: MISSION OIL CORPORATION
2737. LEASE DATE: 10/20/1989
2738. RECORDED: BOOK PAGE ENTRY STATE COUNTY
2739. ------------------------------------------------------------
2740. 1247 2195906 COLORADO WELD
2741. DESCRIPTION:
2742. WELD COUNTY, COLORADO
2743. TOWNSHIP 4 NORTH, RANGE 67 WEST
2744. 1 ACRE DESCRIBED BY METES AND BOUNDS IN LEASE, LOCATED IN
2745. THE NW/4 SEC 24 AND THE SE/4 SEC 13
2746.
2747. LEASE NUMBER: CO-050007-0106
2748. LESSOR: E L MONTGOMERY; VIOLET M MONTGOMERY
2749. LESSEE: MISSION OIL CORPORATION
2750. LEASE DATE: 10/01/1984
2751. RECORDED: BOOK PAGE ENTRY STATE COUNTY
2752. ------------------------------------------------------------
2753. 1050 1989629 COLORADO WELD
2754. DESCRIPTION:
2755. WELD COUNTY, COLORADO
2756. TOWNSHIP 4 NORTH, RANGE 67 WEST,
2757. SECTION 24: SE/4NW/4
2758.
2759. LEASE NUMBER: CO-050007-0107-001
2760. LESSOR: DONALD A MCPHERSON; LUCILLE M MCPHERSON
2761. LESSEE: SANDLIN OIL CORPORATION
2762. LEASE DATE: 12/02/1980
2763. RECORDED: BOOK PAGE ENTRY STATE COUNTY
2764. ------------------------------------------------------------
2765. 925 1846899 COLORADO WELD
2766. DESCRIPTION:
2767. WELD COUNTY, COLORADO
2768. TOWNSHIP 3 NORTH, RANGE 68 WEST,
2769. SECTION 12: E/2SW/4
2770.
2771. LEASE NUMBER: CO-050007-0107-002
2772. LESSOR: GLEN S DOUTHIT, A MARRIED MAN DEALING IN HIS SOLEY OWNED
2773. PROPERTY
2774. LESSEE: SANDLIN OIL CORPORATION
2775. LEASE DATE: 09/25/1980
2776. RECORDED: BOOK PAGE ENTRY STATE COUNTY
2777. ------------------------------------------------------------
2778. 920 1842343 COLORADO WELD
2779. DESCRIPTION:
2780. WELD COUNTY, COLORADO
2781. TOWNSHIP 3 NORTH, RANGE 68 WEST,
2782. SECTION 12: E/2SW/4
2783.
2784. LEASE NUMBER: CO-050007-0108
2785. LESSOR: ALLEN R IWATA
2786. LESSEE: COSTILLA ENERGY INC
2787. LEASE DATE: 10/28/1997
2788. RECORDED: BOOK PAGE ENTRY STATE COUNTY
2789. ------------------------------------------------------------
2790. 1634 2577474 COLORADO WELD
2791. DESCRIPTION:
2792. WELD COUNTY, COLORADO
2793. TOWNSHIP 5 NORTH, RANGE 64 WEST,
2794. SECTION 22: PART OF THE NW/4NW/4 AS DESCRIBED BY METES AND
2795. BOUNDS IN THE LEASE, CONTAINING 11.84 ACRES.
2796. SPACE: W/2NW/4; WI SEGREGATED - 40'S - KALEB #1
2797.
2798. LEASE NUMBER: CO-050007-0109
2799. LESSOR: THE FARMERS RESERVOIR AND IRRIGATION COMPANY
2800. LESSEE: DECALTA INTERNATIONAL CORPORATION
2801. LEASE DATE: 08/01/1984
2802. RECORDED: BOOK PAGE ENTRY STATE COUNTY
2803. ------------------------------------------------------------
2804. 1039 1976684 COLORADO WELD
2805. DESCRIPTION:
2806. WELD COUNTY, COLORADO
2807. TOWNSHIP 4 NORTH, RANGE 64 WEST,
2808. PART OF NE/4 AS DESCRIBED IN THE LEASE BY METES AND BOUNDS,
2809. LIMITED TO PRODUCTION FROM WELLS LOCATED IN THE SW/4NE/4
2810.
2811. LEASE NUMBER: CO-050007-0110-001
2812. LESSOR: CARRIE A MCPHERSON, A WIDOW
2813. LESSEE: CONTEX ENERGY COMPANY
2814. LEASE DATE: 05/03/2001
2815. RECORDED: BOOK PAGE ENTRY STATE COUNTY
2816. ------------------------------------------------------------
2817. 2870429 COLORADO WELD
2818. DESCRIPTION:
2819. WELD COUNTY, COLORADO
2820. TOWNSHIP 3 NORTH, RANGE 68 WEST,
2821. SECTION 12: PART OF THE NW/4 DESCRIBED IN METES AND BOUNDS
2822. IN THE LEASE
2823.
2824. LEASE NUMBER: CO-050007-0111-001
2825. LESSOR: UNION CENTRAL LIFE INSURANCE COMPANY
2826. LESSEE: CONTEX ENERGY COMPANY
2827. LEASE DATE: 05/22/2001
2828. RECORDED: BOOK PAGE ENTRY STATE COUNTY
2829. ------------------------------------------------------------
2830. 2870428 COLORADO WELD
2831. DESCRIPTION:
2832. WELD COUNTY, COLORADO
2833. TOWNSHIP 3 NORTH, RANGE 67 WEST,
2834. SECTION 6: NW/4, LESS EXCEPTION DESCRIBED IN METES AND
2835. BOUNDS IN THE LEASE
2836.
2837. LEASE NUMBER: CO-050007-0112
2838. LESSOR: COLORADO DEPARTMENT OF TRANSPORTATION
2839. LESSEE: SOUTHWESTERN EAGLE LLC
2840. LEASE DATE: 08/01/2001
2841. RECORDED: BOOK PAGE ENTRY STATE COUNTY
2842. ------------------------------------------------------------
2843. 2893285 COLORADO WELD
2844. DESCRIPTION:
2845. WELD COUNTY, COLORADO
2846. TOWNSHIP 5 NORTH, RANGE 64 WEST,
2847. SECTION 22: PART OF W/2 NE/4, PART OF NW/4NW/4, PART OF
2848. NE/4NW/4, ALL LANDS DESCRIBED BY METES AND BOUNDS IN THE
2849. LEASE
2850.
2851. LEASE NUMBER: CO-050007-0113
2852. LESSOR: FRANCES A LOUSTALET, TRUSTEE OF THE FRANCES A LOUSTALET
2853. REVOCABLE TRUST DATED 8/15/95, AS AMENDED
2854. LESSEE: SW PRODUCTION COMPANY
2855. LEASE DATE: 01/21/2002
2856. RECORDED: BOOK PAGE ENTRY STATE COUNTY
2857. ------------------------------------------------------------
2858. 2924581 COLORADO WELD
2859. DESCRIPTION:
2860. WELD COUNTY, COLORADO
2861. TOWNSHIP 5 NORTH, RANGE 64 WEST,
2862. SECTION 22: PART OF THE W/2NE/4, DESCRIBED BY METES AND
2863. BOUNDS IN THE LEASE
2864.
2865. LEASE NUMBER: CO-050007-0114
2866. LESSOR: FRED MEYER
2867. LESSEE: SOUTHWESTERN EAGLE LLC
2868. LEASE DATE: 01/28/2002
2869. RECORDED: BOOK PAGE ENTRY STATE COUNTY
2870. ------------------------------------------------------------
2871. 2934606 COLORADO WELD
2872. DESCRIPTION:
2873. WELD COUNTY, COLORADO
2874. TOWNSHIP 5 NORTH, RANGE 67 WEST,
2875. SECTION 28: A ONE ACRE PARCEL DESCRIBED IN WARRANTY DEED
2876. IN BOOK 670, RECEPTION 1591698, WELD COUNTY, COLORADO
2877.
2878. LEASE NUMBER: CO-050007-0115
2879. LESSOR: WALTER H NESOM; AGNES M NESOM
2880. LESSEE: T S PACE
2881. LEASE DATE: 02/12/1970
2882. RECORDED: BOOK PAGE ENTRY STATE COUNTY
2883. ------------------------------------------------------------
2884. 622 1544058 COLORADO WELD
2885. DESCRIPTION:
2886. WELD COUNTY, COLORADO
2887. TOWNSHIP 4 NORTH, RANGE 66 WEST,
2888. SECTION 32: NW/4NW/4 AND NE/4NW/4 AND S/2NW/4, LIMITED IN
2889. DEPTH FROM THE BASE OF THE CODELL DOWN TO THE DEEPEST DEPTH OWNED
2890.
2891. LEASE NUMBER: CO-050007-0116-001
2892. LESSOR: LEONARD M KORGAN; BONNIE J KORGAN
2893. LESSEE: CONQUEST OIL COMPANY
2894. LEASE DATE: 02/12/1987
2895. RECORDED: BOOK PAGE ENTRY STATE COUNTY
2896. ------------------------------------------------------------
2897. 1146 2088483 COLORADO WELD
2898. DESCRIPTION:
2899. WELD COUNTY, COLORADO
2900. TOWNSHIP 4 NORTH, RANGE 66 WEST,
2901. SECTION 28: BLOCKS 98, 99 & 100 IN THE SW/4NW/4, LIMITED
2902. IN DEPTH FROM THE BASE OF THE CODELL DOWN TO THE DEEPEST
2903. DEPTH OWNED
2904.
2905. LEASE NUMBER: CO-050007-0116-002
2906. LESSOR: FREDDIE J KORGAN; NORMA J KORGAN
2907. LESSEE: CONQUEST OIL COMPANY
2908. LEASE DATE: 02/12/1987
2909. RECORDED: BOOK PAGE ENTRY STATE COUNTY
2910. ------------------------------------------------------------
2911. 1146 2088484 COLORADO WELD
2912. DESCRIPTION:
2913. WELD COUNTY, COLORADO
2914. TOWNSHIP 4 NORTH, RANGE 66 WEST,
2915. SECTION 28: BLOCKS 98, 99 & 100 IN THE SW/4NW/4, LIMITED
2916. IN DEPTH FROM THE BASE OF THE CODELL DOWN TO THE DEEPEST
2917. DEPTH OWNED
2918.
2919. LEASE NUMBER: CO-050007-0117
2920. LESSOR: VALLEY NATIONAL BANK, TRUSTEE OF THE BYRON W LODWICK REAL
2921. ESTATE TRUST, CREATED BY DECLARATION OF TRUST DATED 8/23/74
2922. LESSEE: CONQUEST OIL COMPANY
2923. LEASE DATE: 07/30/1986
2924. RECORDED: BOOK PAGE ENTRY STATE COUNTY
2925. ------------------------------------------------------------
2926. 1124 2065435 COLORADO WELD
2927. DESCRIPTION:
2928. WELD COUNTY, COLORADO
2929. TOWNSHIP 4 NORTH, RANGE 66 WEST,
2930. SECTION 28: SW/4NW/4, LESS BLOCKS 98, 99 & 100, LIMITED IN
2931. DEPTH FROM THE BASE OF THE CODELL DOWN TO THE DEEPEST DEPTH OWNED
2932.
2933. LEASE NUMBER: CO-050007-0118
2934. LESSOR: ROBERT S BAAB; DOROTHY BAAB
2935. LESSEE: MISSION OIL COMPANY
2936. LEASE DATE: 09/20/1984
2937. RECORDED: BOOK PAGE ENTRY STATE COUNTY
2938. ------------------------------------------------------------
2939. 1044 1982482 COLORADO WELD
2940. DESCRIPTION:
2941. WELD COUNTY, COLORADO
2942. TOWNSHIP 4 NORTH, RANGE 66 WEST,
2943. SECTION 32: PART OF THE NE/4SE/4, LIMITED IN DEPTH FROM THE
2944. BASE OF THE CODELL DOWN TO THE DEEPEST DEPTH OWNED
2945.
2946. LEASE NUMBER: CO-050007-0119-001
2947. LESSOR: CHARLOTTE LINDEN A/K/A MARY CHARLOTTE LINDEN, A WIDOW;
2948. KATHLEEN LINDEN A/K/A KATHLEEN SUE LINDEN A/K/A KATHLEEN
2949. SUE SPAUR, A SINGLE WOMAN
2950. LESSEE: CONQUEST OIL COMPANY
2951. LEASE DATE: 10/07/1989
2952. RECORDED: BOOK PAGE ENTRY STATE COUNTY
2953. ------------------------------------------------------------
2954. 1246 2194321 COLORADO WELD
2955. DESCRIPTION:
2956. WELD COUNTY, COLORADO
2957. TOWNSHIP 4 NORTH, RANGE 66 WEST,
2958. SECTION 28: PART OF THE N/2SW/4, BEING THE TOWNSITE LOTS
2959. IN THE TOWN OF GILCREST, LIMITED IN DEPTH FROM THE BASE OF
2960. THE CODELL DOWN TO THE DEEPEST DEPTH OWNED
2961.
2962. LEASE NUMBER: CO-050007-0120
2963. LESSOR: FLOYD O JOHNSON JR
2964. LESSEE: MISSION OIL COMPANY
2965. LEASE DATE: 09/26/1984
2966. RECORDED: BOOK PAGE ENTRY STATE COUNTY
2967. ------------------------------------------------------------
2968. 1044 1982482 COLORADO WELD
2969. DESCRIPTION:
2970. WELD COUNTY, COLORADO
2971. TOWNSHIP 4 NORTH, RANGE 66 WEST,
2972. SECTION 32: PART OF THE NE/4SE/4, LIMITED IN DEPTH FROM THE
2973. BASE OF THE CODELL DOWN TO THE DEEPEST DEPTH OWNED
2974.
2975. LEASE NUMBER: CO-050007-0121
2976. LESSOR: GERTRUDE VANDERVEER SPRATLEN A/K/A GERTRUDE VANDERVEER AND
2977. AS GERTRUDE VANDERVEER BRECKON, A WIDOW DEALING IN HER SOLE
2978. AND SEPARATE PROPERTY
2979. LESSEE: MISSION OIL COMPANY
2980. LEASE DATE: 09/06/1984
2981. RECORDED: BOOK PAGE ENTRY STATE COUNTY
2982. ------------------------------------------------------------
2983. 1042 1981054 COLORADO WELD
2984. DESCRIPTION:
2985. WELD COUNTY, COLORADO
2986. TOWNSHIP 4 NORTH, RANGE 66 WEST,
2987. SECTION 32: PART OF THE SW/4SE/4 AND PART OF THE SE/4SE/4
2988. AND SE/4SW/4 AND SW/4SW/4 AND E/2NE/4SW/4,
2989. LIMITED IN DEPTH FROM THE BASE OF THE CODELL DOWN TO THE
2990. DEEPEST DEPTH OWNED
2991.
2992. LEASE NUMBER: CO-050007-0123-001
2993. LESSOR: IVAN LEECH
2994. LESSEE: MISSION OIL COMPANY
2995. LEASE DATE: 11/21/1984
2996. RECORDED: BOOK PAGE ENTRY STATE COUNTY
2997. ------------------------------------------------------------
2998. 1057 1997877 COLORADO WELD
2999. DESCRIPTION:
3000. WELD COUNTY, COLORADO
3001. TOWNSHIP 4 NORTH, RANGE 66 WEST,
3002. SECTION 32: PART OF THE SW/4SE/4 AND PART OF THE SE/4SE/4,
3003. LIMITED IN DEPTH FROM THE BASE OF THE CODELL DOWN TO THE
3004. DEEPEST DEPTH OWNED
3005.
3006. LEASE NUMBER: CO-050007-0123-002
3007. LESSOR: GLEN E STREETER
3008. LESSEE: MISSION OIL COMPANY
3009. LEASE DATE: 09/20/1984
3010. RECORDED: BOOK PAGE ENTRY STATE COUNTY
3011. ------------------------------------------------------------
3012. 1045 1984277 COLORADO WELD
3013. DESCRIPTION:
3014. WELD COUNTY, COLORADO
3015. TOWNSHIP 4 NORTH, RANGE 66 WEST,
3016. SECTION 32: PART OF THE SW/4SE/4 AND PART OF THE SE/4SE/4,
3017. LIMITED IN DEPTH FROM THE BASE OF THE CODELL DOWN TO THE
3018. DEEPEST DEPTH OWNED
3019.
3020. LEASE NUMBER: CO-050007-0124
3021. LESSOR: WESSIE E COGBURN
3022. LESSEE: MISSION OIL COMPANY
3023. LEASE DATE: 09/28/1984
3024. RECORDED: BOOK PAGE ENTRY STATE COUNTY
3025. ------------------------------------------------------------
3026. 1047 1986021 COLORADO WELD
3027. DESCRIPTION:
3028. WELD COUNTY, COLORADO
3029. TOWNSHIP 4 NORTH, RANGE 66 WEST,
3030. SECTION 32: SE/4SW/4 AND THE SW/4SW/4 AND THE E/2NE/4SW/4,
3031. LIMITED IN DEPTH FROM THE BASE OF THE CODELL DOWN TO THE
3032. DEEPEST DEPTH OWNED
3033.
3034. LEASE NUMBER: CO-050007-0126
3035. LESSOR: ROYAL MCLEOD C/O BRUCE R MCLEOD
3036. LESSEE: AMOCO PRODUCTION COMPANY
3037. LEASE DATE: 08/29/1974
3038. RECORDED: BOOK PAGE ENTRY STATE COUNTY
3039. ------------------------------------------------------------
3040. 734 1655601 COLORADO WELD
3041. DESCRIPTION:
3042. WELD COUNTY, COLORADO
3043. TOWNSHIP 4 NORTH, RANGE 66 WEST,
3044. SECTION 32: NW/4SW/4 AND W/2NE/4SW/4, LIMITED IN DEPTH
3045. FROM THE BASE OF THE CODELL DOWN TO THE DEEPEST DEPTH OWNED
3046.
3047. LEASE NUMBER: CO-050007-0127
3048. LESSOR: GERTRUDE VANDERVEER SPRATLEN A/K/A GERTRUDE VANDERVEER
3049. BRECKON AND AS GERTRUDE VANERVEER, A WIDOW
3050. LESSEE: MISSION OIL CORPORATION
3051. LEASE DATE: 08/17/1989
3052. RECORDED: BOOK PAGE ENTRY STATE COUNTY
3053. ------------------------------------------------------------
3054. 1242 2189491 COLORADO WELD
3055. DESCRIPTION:
3056. WELD COUNTY, COLORADO
3057. TOWNSHIP 4 NORTH, RANGE 66 WEST,
3058. SECTION 32: NW/4SW/4 AND W/2NE/4SW/4, LIMITED IN DEPTH
3059. FROM THE BASE OF THE CODELL DOWN TO THE DEEPEST DEPTH OWNED
3060.
3061. LEASE NUMBER: CO-050007-0130
3062. LESSOR: ESTHER MAY MCLEOD, A/K/A ESTHER MCLEOD, A WIDOW
3063. LESSEE: MISSION OIL CORPORATION
3064. LEASE DATE: 08/14/1989
3065. RECORDED: BOOK PAGE ENTRY STATE COUNTY
3066. ------------------------------------------------------------
3067. 1242 2189737 COLORADO WELD
3068. DESCRIPTION:
3069. WELD COUNTY, COLORADO
3070. TOWNSHIP 4 NORTH, RANGE 66 WEST,
3071. SECTION 32: NW/4SW/4 AND W/2NE/4SW/4, LIMITED IN DEPTH
3072. FROM THE BASE OF THE CODELL DOWN TO THE DEEPEST DEPTH OWNED
3073.
3074. LEASE NUMBER: CO-050007-0131
3075. LESSOR: THE FARMERS INDEPENDENT DITCH COMPANY
3076. LESSEE: MISSION OIL CORPORATION
3077. LEASE DATE: 03/04/1985
3078. RECORDED: BOOK PAGE ENTRY STATE COUNTY
3079. ------------------------------------------------------------
3080. 1063 2003385 COLORADO WELD
3081. DESCRIPTION:
3082. WELD COUNTY, COLORADO
3083. TOWNSHIP 4 NORTH, RANGE 66 WEST,
3084. SECTION 32: NW/4NW/4 AND NE/4NW/4, LIMITED IN DEPTH FROM
3085. THE BASE OF THE CODELL DOWN TO THE DEEPEST DEPTH OWNED
3086.
3087. LEASE NUMBER: CO-050007-0132-001
3088. LESSOR: JERRY L GRESS, A SINGLE MAN; HOWARD LAIR; FAYE S LAIR,
3089. HUSBAND AND WIFE
3090. LESSEE: GARY SANDLIN
3091. LEASE DATE: 11/10/1981
3092. RECORDED: BOOK PAGE ENTRY STATE COUNTY
3093. ------------------------------------------------------------
3094. 960 1882312 COLORADO WELD
3095. DESCRIPTION:
3096. WELD COUNTY, COLORADO
3097. TOWNSHIP 4 NORTH, RANGE 66 WEST,
3098. SECTION 30: N/2SW/4 AND S/2SW/4, LIMITED IN DEPTH FROM
3099. THE BASE OF THE CODELL DOWN TO THE DEEPEST DEPTH OWNED
3100.
3101. LEASE NUMBER: CO-050007-0132-002
3102. LESSOR: AMELIA D MAPES, A WIDOW
3103. LESSEE: GARY SANDLIN
3104. LEASE DATE: 11/16/1981
3105. RECORDED: BOOK PAGE ENTRY STATE COUNTY
3106. ------------------------------------------------------------
3107. 956 1878460 COLORADO WELD
3108. DESCRIPTION:
3109. WELD COUNTY, COLORADO
3110. TOWNSHIP 4 NORTH, RANGE 66 WEST,
3111. SECTION 30: N/2SW/4 AND S/2SW/4, LIMITED IN DEPTH FROM
3112. THE BASE OF THE CODELL DOWN TO THE DEEPEST DEPTH OWNED
3113.
3114. LEASE NUMBER: CO-050007-0132-003
3115. LESSOR: JOHN H SCHEIDT; MARGARET E SCHEIDT
3116. LESSEE: GARY SANDLIN
3117. LEASE DATE: 11/16/1981
3118. RECORDED: BOOK PAGE ENTRY STATE COUNTY
3119. ------------------------------------------------------------
3120. 956 1878458 COLORADO WELD
3121. DESCRIPTION:
3122. WELD COUNTY, COLORADO
3123. TOWNSHIP 4 NORTH, RANGE 66 WEST,
3124. SECTION 30: N/2SW/4 AND S/2SW/4, LIMITED IN DEPTH FROM
3125. THE BASE OF THE CODELL DOWN TO THE DEEPEST DEPTH OWNED
3126.
3127. LEASE NUMBER: CO-050007-0132-004
3128. LESSOR: RICHARD L OTTESEN; ELBERTA OTTESEN
3129. LESSEE: GARY SANDLIN
3130. LEASE DATE: 11/16/1981
3131. RECORDED: BOOK PAGE ENTRY STATE COUNTY
3132. ------------------------------------------------------------
3133. 956 1878461 COLORADO WELD
3134. DESCRIPTION:
3135. WELD COUNTY, COLORADO
3136. TOWNSHIP 4 NORTH, RANGE 66 WEST,
3137. SECTION 30: N/2SW/4 AND S/2SW/4, LIMITED IN DEPTH FROM
3138. THE BASE OF THE CODELL DOWN TO THE DEEPEST DEPTH OWNED
3139.
3140. LEASE NUMBER: CO-050007-0132-005
3141. LESSOR: ROBERT C SILER; JEANETTE V SILER
3142. LESSEE: PETROGULF ENERGY COMPANY
3143. LEASE DATE: 11/02/1981
3144. RECORDED: BOOK PAGE ENTRY STATE COUNTY
3145. ------------------------------------------------------------
3146. 953 1875227 COLORADO WELD
3147. DESCRIPTION:
3148. WELD COUNTY, COLORADO
3149. TOWNSHIP 4 NORTH, RANGE 66 WEST,
3150. SECTION 30: N/2SW/4 AND S/2SW/4, LIMITED IN DEPTH FROM
3151. THE BASE OF THE CODELL DOWN TO THE DEEPEST DEPTH OWNED
3152.
3153. LEASE NUMBER: CO-050007-0132-006
3154. LESSOR: FRANK GLENN AND BETTY OTTESEN, HUSBAND & WIFE; DAVID M AND
3155. SHIRLEY O'WATERS, HUSBAND & WIFE; WILLIAM AND LANAE
3156. PENFOLD, HUSBAND & WIFE
3157. LESSEE: GARY SANDLIN
3158. LEASE DATE: 11/16/1981
3159. RECORDED: BOOK PAGE ENTRY STATE COUNTY
3160. ------------------------------------------------------------
3161. 956 1878459 COLORADO WELD
3162. DESCRIPTION:
3163. WELD COUNTY, COLORADO
3164. TOWNSHIP 4 NORTH, RANGE 66 WEST,
3165. SECTION 30: N/2SW/4 AND S/2SW/4, LIMITED IN DEPTH FROM
3166. THE BASE OF THE CODELL DOWN TO THE DEEPEST DEPTH OWNED
3167.
3168. LEASE NUMBER: CO-050007-0133
3169. LESSOR: CHAMPLIN PETROLEUM COMPANY
3170. LESSEE: MISSION OIL COMPANY
3171. LEASE DATE: 11/07/1984
3172. RECORDED: BOOK PAGE ENTRY STATE COUNTY
3173. ------------------------------------------------------------
3174. 1073 2014263 COLORADO WELD
3175. DESCRIPTION:
3176. WELD COUNTY, COLORADO
3177. TOWNSHIP 4 NORTH, RANGE 66 WEST,
3178. SECTION 30: 200 FT. STRIP ACROSS NW/4SW/4 AND 200 FT.
3179. STRIP ACROSS SW/4SW/4, LIMITED IN DEPTH FROM THE BASE OF
3180. THE CODELL DOWN TO THE DEEPEST DEPTH OWNED
3181.
3182. LEASE NUMBER: CO-050007-0134
3183. LESSOR: UNITED STATE OF AMERICA - COC 54080
3184. LESSEE: UNION PACIFIC RESOURCES COMPANY
3185. LEASE DATE: 09/01/1990
3186. RECORDED: BOOK PAGE ENTRY STATE COUNTY
3187. ------------------------------------------------------------
3188. COLORADO WELD
3189. DESCRIPTION:
3190. WELD COUNTY, COLORADO
3191. TOWNSHIP 4 NORTH, RANGE 66 WEST,
3192. SECTION 28: SW/4SE/4, THAT PORTION LYING WITHIN THE
3193. RAILROAD RIGHT-OF-WAY COC 668, CONTAINING 12.18 ACRES, MORE
3194. OR LESS, DEPTH LIMITATION FROM THE BASE OF THE CODELL DOWN
3195. TO THE DEEPEST DEPTH OWNED
3196.
3197. LEASE NUMBER: CO-050007-0135
3198. LESSOR: ST DEPT OF HIGHWAYS, DIVISION OF HIGHWAYS, ST OF CO
3199. P03-055-00
3200. LESSEE: BATAA OIL INC
3201. LEASE DATE: 10/01/1990
3202. RECORDED: BOOK PAGE ENTRY STATE COUNTY
3203. ------------------------------------------------------------
3204. 1295 2246133 COLORADO WELD
3205. DESCRIPTION:
3206. WELD COUNTY, COLORADO
3207. TOWNSHIP 4 NORTH, RANGE 66 WEST,
3208. SECTION 28: SW/4SE/4, LIMITED IN DEPTH FROM THE BASE OF THE
3209. CODELL DOWN TO THE DEEPEST DEPTH OWNED.
3210.
3211. LEASE NUMBER: CO-050007-0136
3212. LESSOR: MARTA J YBABEN
3213. LESSEE: BATAA OIL INC
3214. LEASE DATE: 10/04/1990
3215. RECORDED: BOOK PAGE ENTRY STATE COUNTY
3216. ------------------------------------------------------------
3217. 1280 2230750 COLORADO WELD
3218. DESCRIPTION:
3219. WELD COUNTY, COLORADO
3220. TOWNSHIP 4 NORTH, RANGE 66 WEST,
3221. SECTION 28: SW/4SE/4, LIMITED IN DEPTH FROM THE BASE OF
3222. THE CODELL DOWN TO THE DEEPEST DEPTH OWNED
3223.
3224. LEASE NUMBER: CO-050007-0137
3225. LESSOR: RAFAEL CHACON; JUANA R CHACON
3226. LESSEE: BATAA OIL INC
3227. LEASE DATE: 08/27/1990
3228. RECORDED: BOOK PAGE ENTRY STATE COUNTY
3229. ------------------------------------------------------------
3230. 1275 2226549 COLORADO WELD
3231. DESCRIPTION:
3232. WELD COUNTY, COLORADO
3233. TOWNSHIP 4 NORTH, RANGE 66 WEST,
3234. SECTION 28: SW/4SE/4, LIMITED IN DEPTH FROM THE BASE OF
3235. THE CODELL DOWN TO THE DEEPEST DEPTH OWNED
3236.
3237. LEASE NUMBER: CO-050007-0138
3238. LESSOR: CLAUDIO JEMIMO; JOSE BARGAS; EPIFANIO G NEGRETE; AMANDO
3239. NEGRETE; JUAN RUIZ; SILBESTRE PENAFLOR; GUADALUPE JUARES
3240. LEASE DATE: 00/00/0000
3241. RECORDED: BOOK PAGE ENTRY STATE COUNTY
3242. ------------------------------------------------------------
3243. COLORADO WELD
3244. DESCRIPTION:
3245. WELD COUNTY, COLORADO
3246. TOWNSHIP 4 NORTH, RANGE 66 WEST,
3247. SECTION 28: SW/4SE/4, LIMITED IN DEPTH FROM THE BASE OF
3248. THE CODELL DOWN TO THE DEEPEST DEPTH OWNED
3249.
3250. LEASE NUMBER: CO-050007-0139
3251. LESSOR: ROBERT H GREEN AS SUCCESSOR TRUSTEE OF THE GILCREST
3252. TOWNSITE COMPANY, A DISSOLVED COLORADO CORPORATION, TRUST
3253. LESSEE: CONQUEST OIL COMPANY
3254. LEASE DATE: 08/14/1990
3255. RECORDED: BOOK PAGE ENTRY STATE COUNTY
3256. ------------------------------------------------------------
3257. 1273 2223692 COLORADO WELD
3258. DESCRIPTION:
3259. WELD COUNTY, COLORADO
3260. TOWNSHIP 4 NORTH, RANGE 66 WEST,
3261. SECTION 28: PART OF THE NW/4NE/4, LIMITED IN DEPTH FROM
3262. THE BASE OF THE CODELL DOWN TO THE DEEPEST DEPTH OWNED
3263.
3264. LEASE NUMBER: CO-050007-0140
3265. LESSOR: B. TIMOTHY SULLIVAN AS TRUSTEE OF THE WELD COUNTY
3266. INVESTMENT COMPANY, A DISSOLVED COLORADO CORPORATION TRUST
3267. LESSEE: CONQUEST OIL COMPANY
3268. LEASE DATE: 03/30/1990
3269. RECORDED: BOOK PAGE ENTRY STATE COUNTY
3270. ------------------------------------------------------------
3271. 1261 2211143 COLORADO WELD
3272. DESCRIPTION:
3273. WELD COUNTY, COLORADO
3274. TOWNSHIP 4 NORTH, RANGE 66 WEST,
3275. SECTION 28: PART OF THE NW/4NE/4, LIMITED IN DEPTH FROM
3276. THE BASE OF THE CODELL DOWN TO THE DEEPEST DEPTH OWNED
3277.
3278. LEASE NUMBER: CO-050007-0141
3279. LESSOR: WELD COUNTY REORGANIZED SCHOOL DISTRICT NO. RE-1, FORMERLY
3280. WELD COUNTY SCHOOL DISTRICT NO. 97
3281. LESSEE: CONQUEST OIL COMPANY
3282. LEASE DATE: 12/12/1990
3283. RECORDED: BOOK PAGE ENTRY STATE COUNTY
3284. ------------------------------------------------------------
3285. 1285 2236147 COLORADO WELD
3286. DESCRIPTION:
3287. WELD COUNTY, COLORADO
3288. TOWNSHIP 4 NORTH, RANGE 66 WEST,
3289. SECTION 28: PART OF THE NW/4NE/4, LIMITED IN DEPTH FROM
3290. THE BASE OF THE CODELL DOWN TO THE DEEPEST DEPTH OWNED
3291.
3292. LEASE NUMBER: CO-050007-0142
3293. LESSOR: WILLIAM V STEWART; KAREN L STEWART
3294. LESSEE: CONQUEST OIL COMPANY
3295. LEASE DATE: 09/06/1990
3296. RECORDED: BOOK PAGE ENTRY STATE COUNTY
3297. ------------------------------------------------------------
3298. 1278 2229800 COLORADO WELD
3299. DESCRIPTION:
3300. WELD COUNTY, COLORADO
3301. TOWNSHIP 4 NORTH, RANGE 66 WEST,
3302. SECTION 28: PART OF THE NW/4NE/4, LIMITED IN DEPTH FROM
3303. THE BASE OF THE CODELL DOWN TO THE DEEPEST DEPTH OWNED
3304.
3305. LEASE NUMBER: CO-050007-0143
3306. LESSOR: JUAN AGUILAR; BETTY AGUILAR
3307. LESSEE: CONQUEST OIL COMPANY
3308. LEASE DATE: 09/06/1990
3309. RECORDED: BOOK PAGE ENTRY STATE COUNTY
3310. ------------------------------------------------------------
3311. 1283 223234 COLORADO WELD
3312. DESCRIPTION:
3313. WELD COUNTY, COLORADO
3314. TOWNSHIP 4 NORTH, RANGE 66 WEST,
3315. SECTION 28: PART OF THE NW/4NE/4, LIMITED IN DEPTH FROM
3316. THE BASE OF THE CODELL DOWN TO THE DEEPEST DEPTH OWNED
3317.
3318. LEASE NUMBER: CO-050007-0144
3319. LESSOR: LAWRENCE E COGBURN & IRMA M COGBURN, HUSBAND & WIFE; J L
3320. JOHANSEN & VIRGINIA JOHANSEN, HUSBAND & WIFE; THOMAS D
3321. REDMAN & JUNE E REDMAN, HUSBAND & WIFE, C/O LAWRENCE E
3322. COGBURN
3323. LESSEE: CONQUEST OIL COMPANY
3324. LEASE DATE: 11/02/1989
3325. RECORDED: BOOK PAGE ENTRY STATE COUNTY
3326. ------------------------------------------------------------
3327. 1249 2197481 COLORADO WELD
3328. DESCRIPTION:
3329. WELD COUNTY, COLORADO
3330. TOWNSHIP 4 NORTH, RANGE 66 WEST,
3331. SECTION 28: PART OF THE NW/4NE/4, LIMITED IN DEPTH FROM
3332. THE BASE OF THE CODELL DOWN TO THE DEEPEST DEPTH OWNED
3333.
3334. LEASE NUMBER: CO-050007-0145
3335. LESSOR: RANDY MILLSAP; JANET MILLSAP
3336. LESSEE: CONQUEST OIL COMPANY
3337. LEASE DATE: 09/06/1990
3338. RECORDED: BOOK PAGE ENTRY STATE COUNTY
3339. ------------------------------------------------------------
3340. 1284 2234815 COLORADO WELD
3341. DESCRIPTION:
3342. WELD COUNTY, COLORADO
3343. TOWNSHIP 4 NORTH, RANGE 66 WEST,
3344. SECTION 28: PART OF THE NW/4NE/4, LIMITED IN DEPTH FROM
3345. THE BASE OF THE CODELL DOWN TO THE DEEPEST DEPTH OWNED
3346.
3347. LEASE NUMBER: CO-050007-0146
3348. LESSOR: ROBERT L MEISNER; LAURA J MEISNER
3349. LESSEE: CONQUEST OIL COMPANY
3350. LEASE DATE: 09/05/1990
3351. RECORDED: BOOK PAGE ENTRY STATE COUNTY
3352. ------------------------------------------------------------
3353. 1284 2234813 COLORADO WELD
3354. DESCRIPTION:
3355. WELD COUNTY, COLORADO
3356. TOWNSHIP 4 NORTH, RANGE 66 WEST,
3357. SECTION 28: PART OF THE NW/4NE/4, LIMITED IN DEPTH FROM
3358. THE BASE OF THE CODELL DOWN TO THE DEEPEST DEPTH OWNED
3359.
3360. LEASE NUMBER: CO-050007-0147
3361. LESSOR: LUCY ACOSTA, A WIDOW
3362. LESSEE: CONQUEST OIL COMPANY
3363. LEASE DATE: 09/05/1990
3364. RECORDED: BOOK PAGE ENTRY STATE COUNTY
3365. ------------------------------------------------------------
3366. 1276 2227045 COLORADO WELD
3367. DESCRIPTION:
3368. WELD COUNTY, COLORADO
3369. TOWNSHIP 4 NORTH, RANGE 66 WEST,
3370. SECTION 28: PART OF THE NW/4NE/4, LIMITED IN DEPTH FROM
3371. THE BASE OF THE CODELL DOWN TO THE DEEPEST DEPTH OWNED
3372.
3373. LEASE NUMBER: CO-050007-0148
3374. LESSOR: PATRICIA ANN VAN HARE, A WIDOW
3375. LESSEE: CONQUEST OIL COMPANY
3376. LEASE DATE: 10/03/1990
3377. RECORDED: BOOK PAGE ENTRY STATE COUNTY
3378. ------------------------------------------------------------
3379. 1278 2229799 COLORADO WELD
3380. DESCRIPTION:
3381. WELD COUNTY, COLORADO
3382. TOWNSHIP 4 NORTH, RANGE 66 WEST,
3383. SECTION 28: PART OF THE NW/4NE/4, LIMITED IN DEPTH FROM
3384. THE BASE OF THE CODELL DOWN TO THE DEEPEST DEPTH OWNED
3385.
3386. LEASE NUMBER: CO-050007-0149
3387. LESSOR: TIM J CROW; JANE CROW
3388. LESSEE: MISSION OIL COMPANY
3389. LEASE DATE: 01/07/1986
3390. RECORDED: BOOK PAGE ENTRY STATE COUNTY
3391. ------------------------------------------------------------
3392. 1100 2040449 COLORADO WELD
3393. DESCRIPTION:
3394. WELD COUNTY, COLORADO
3395. TOWNSHIP 4 NORTH, RANGE 66 WEST,
3396. SECTION 29: PART OF THE E/2NE/4, LIMITED IN DEPTH FROM
3397. THE BASE OF THE CODELL DOWN TO THE DEEPEST DEPTH OWNED
3398.
3399. LEASE NUMBER: CO-050007-0150-001
3400. LESSOR: SIDNEY STREAR; LEONARD STREAR
3401. LESSEE: MISSION OIL COMPANY
3402. LEASE DATE: 03/19/1986
3403. RECORDED: BOOK PAGE ENTRY STATE COUNTY
3404. ------------------------------------------------------------
3405. 1109 2049942 COLORADO WELD
3406. DESCRIPTION:
3407. WELD COUNTY, COLORADO
3408. TOWNSHIP 4 NORTH, RANGE 66 WEST,
3409. SECTION 29: PART OF THE E/2NE/4 AND PART OF THE W/2NE/4
3410. AND PART OF THE E/2SE/4 AND PART OF THE W/2SE/4 AND PART OF
3411. THE E/2SW/4 AND PART OF THE NW/4SW/4 AND PART OF THE
3412. SW/4SW/4, LIMITED IN DEPTH FROM THE BASE OF THE CODELL
3413. DOWN TO THE DEEPEST DEPTH OWNED
3414.
3415. LEASE NUMBER: CO-050007-0150-002
3416. LESSOR: ESTHER M MCLEOD, WIDOW AND SOLE HEIR OF HARLAN RALPH
3417. MCLEOD, DECEASED
3418. LESSEE: MISSION OIL COMPANY
3419. LEASE DATE: 06/13/1985
3420. RECORDED: BOOK PAGE ENTRY STATE COUNTY
3421. ------------------------------------------------------------
3422. 1074 2015027 COLORADO WELD
3423. DESCRIPTION:
3424. WELD COUNTY, COLORADO
3425. TOWNSHIP 4 NORTH, RANGE 66 WEST,
3426. SECTION 29: PART OF THE E/2NE/4 AND PART OF THE W/2NE/4
3427. AND PART OF THE E/2SE/4 AND PART OF THE W/2SE/4 AND PART OF
3428. THE E/2SW/4 AND PART OF THE NW/4SW/4 AND PART OF THE
3429. SW/4SW/4, LIMITED IN DEPTH FROM THE BASE OF THE CODELL
3430. DOWN TO THE DEEPEST DEPTH OWNED
3431.
3432. LEASE NUMBER: CO-050007-0150-003
3433. LESSOR: MAX A SMITH; NANCY A SMITH
3434. LESSEE: MISSION OIL COMPANY
3435. LEASE DATE: 10/01/1985
3436. RECORDED: BOOK PAGE ENTRY STATE COUNTY
3437. ------------------------------------------------------------
3438. 1086 2027114 COLORADO WELD
3439. DESCRIPTION:
3440. WELD COUNTY, COLORADO
3441. TOWNSHIP 4 NORTH, RANGE 66 WEST,
3442. SECTION 29: PART OF THE E/2NE/4 AND PART OF THE W/2NE/4
3443. AND PART OF THE E/2SE/4 AND PART OF THE W/2SE/4 AND PART OF
3444. THE E/2SW/4 AND PART OF THE NW/4SW/4 AND PART OF THE
3445. SW/4SW/4, LIMITED IN DEPTH FROM THE BASE OF THE CODELL
3446. DOWN TO THE DEEPEST DEPTH OWNED
3447.
3448. LEASE NUMBER: CO-050007-0150-004
3449. LESSOR: BRUCE R MCLEOD; PEGGY H MCLEOD
3450. LESSEE: MISSION OIL COMPANY
3451. LEASE DATE: 10/01/1985
3452. RECORDED: BOOK PAGE ENTRY STATE COUNTY
3453. ------------------------------------------------------------
3454. 1086 2027115 COLORADO WELD
3455. DESCRIPTION:
3456. WELD COUNTY, COLORADO
3457. TOWNSHIP 4 NORTH, RANGE 66 WEST,
3458. SECTION 29: PART OF THE E/2NE/4 AND PART OF THE W/2NE/4
3459. AND PART OF THE E/2SE/4 AND PART OF THE W/2SE/4 AND PART OF
3460. THE E/2SW/4 AND PART OF THE NW/4SW/4 AND PART OF THE
3461. SW/4SW/4, LIMITED IN DEPTH FROM THE BASE OF THE CODELL
3462. DOWN TO THE DEEPEST DEPTH OWNED
3463.
3464. LEASE NUMBER: CO-050007-0151
3465. LESSOR: STATE DEPARTMENT OF HIGHWAYS, DIVISION OF HIGHWAYS, STATE
3466. OF COLORADO AR2121562
3467. LESSEE: MISSION OIL CORPORATION
3468. LEASE DATE: 09/09/1987
3469. RECORDED: BOOK PAGE ENTRY STATE COUNTY
3470. ------------------------------------------------------------
3471. 1177 2121562 COLORADO WELD
3472. DESCRIPTION:
3473. WELD COUNTY, COLORADO
3474. TOWNSHIP 4 NORTH, RANGE 66 WEST,
3475. SECTION 32: PART OF THE SW/4SE/4, CONTAINING 0.154 ACRES,
3476. MORE OR LESS FROM BASE OF CODELL DOWN TO DEEPEST DEPTH OWNED
3477.
3478. LEASE NUMBER: CO-050007-0152
3479. LESSOR: FARMERS INDEPENDENT DITCH COMPANY
3480. LESSEE: PRIMA OIL & GAS CORPORATION
3481. LEASE DATE: 10/05/1990
3482. RECORDED: BOOK PAGE ENTRY STATE COUNTY
3483. ------------------------------------------------------------
3484. 1278 2229470 COLORADO WELD
3485. DESCRIPTION:
3486. WELD COUNTY, COLORADO
3487. TOWNSHIP 4 NORTH, RANGE 66 WEST,
3488. SECTION 29: PART OF THE E/2NE/4 AND PART OF THE W/2NE/4
3489. AND PART OF THE E/2SW/4 AND PART OF THE NW/4SW/4 AND PART
3490. OF THE SW/4SW/4, LIMITED IN DEPTH FROM THE BASE OF THE
3491. CODELL DOWN TO THE DEEPEST DEPTH OWNED
3492.
3493. LEASE NUMBER: CO-050007-0183-001
3494. LESSOR: LILLIAM H HILL, A SINGLE WOMAN
3495. LESSEE: PETROGULF ENERGY COMPANY
3496. LEASE DATE: 05/13/1982
3497. RECORDED: BOOK PAGE ENTRY STATE COUNTY
3498. ------------------------------------------------------------
3499. 2646 667 COLORADO ADAMS
3500. COLORADO BROOMFIELD
3501. DESCRIPTION:
3502. BROOMFIELD COUNTY (FORMERLY ADAMS COUNTY), COLORADO
3503. TOWNSHIP 1 SOUTH, RANGE 68 WEST OF THE 6TH P.M.
3504. SECTION 15: NE/4NW/4 AND THAT PART OF THE N/2NE/4, NORTH
3505. AND WEST OF THE RIGHT-OF-WAY OF THE BULL CANAL.
3506.
3507. LEASE NUMBER: CO-050007-0183-002
3508. LESSOR: ALICE H KERR, A SINGLE WOMAN
3509. LESSEE: PETROGULF ENERGY COMPANY
3510. LEASE DATE: 05/13/1982
3511. RECORDED: BOOK PAGE ENTRY STATE COUNTY
3512. ------------------------------------------------------------
3513. 2646 660 COLORADO ADAMS
3514. COLORADO BROOMFIELD
3515. DESCRIPTION:
3516. BROOMFIELD COUNTY (FORMERLY ADAMS COUNTY), COLORADO
3517. TOWNSHIP 1 SOUTH, RANGE 68 WEST OF THE 6TH P.M.
3518. SECTION 15: NE/4NW/4 AND THAT PART OF THE N/2NE/4, NORTH
3519. AND WEST OF THE RIGHT-OF-WAY OF THE BULL CANAL.
3520.
3521. LEASE NUMBER: CO-050007-0183-003
3522. LESSOR: DARRELL R DOUGHTY; MARY DOUGHTY
3523. LESSEE: PETROGULF ENERGY COMPANY
3524. LEASE DATE: 06/29/1982
3525. RECORDED: BOOK PAGE ENTRY STATE COUNTY
3526. ------------------------------------------------------------
3527. 2663 270 COLORADO ADAMS
3528. COLORADO BROOMFIELD
3529. DESCRIPTION:
3530. BROOMFIELD COUNTY (FORMERLY ADAMS COUNTY), COLORADO
3531. TOWNSHIP 1 SOUTH, RANGE 68 WEST OF THE 6TH P.M.
3532. SECTION 15: NE/4NW/4 AND THAT PART OF THE N/2NE/4, NORTH
3533. AND WEST OF THE RIGHT-OF-WAY OF THE BULL CANAL.
3534.
3535. LEASE NUMBER: CO-050007-0183-004
3536. LESSOR: JAMES L REESE; DOREY REESE
3537. LESSEE: PETROGULF ENERGY COMPANY
3538. LEASE DATE: 06/01/1982
3539. RECORDED: BOOK PAGE ENTRY STATE COUNTY
3540. ------------------------------------------------------------
3541. 2663 261 COLORADO ADAMS
3542. COLORADO BROOMFIELD
3543. DESCRIPTION:
3544. BROOMFIELD COUNTY (FORMERLY ADAMS COUNTY), COLORADO
3545. TOWNSHIP 1 SOUTH, RANGE 68 WEST OF THE 6TH P.M.
3546. SECTION 15: NE/4NW/4 AND THAT PART OF THE N/2NE/4, NORTH
3547. AND WEST OF THE RIGHT-OF-WAY OF THE BULL CANAL.
3548.
3549. LEASE NUMBER: CO-050007-0183-005
3550. LESSOR: SOLON E THORNTON; MILDRED THORNTON
3551. LESSEE: PETROGULF ENERGY COMPANY
3552. LEASE DATE: 06/01/1982
3553. RECORDED: BOOK PAGE ENTRY STATE COUNTY
3554. ------------------------------------------------------------
3555. 2660 273 COLORADO ADAMS
3556. COLORADO BROOMFIELD
3557. DESCRIPTION:
3558. BROOMFIELD COUNTY (FORMERLY ADAMS COUNTY), COLORADO
3559. TOWNSHIP 1 SOUTH, RANGE 68 WEST OF THE 6TH P.M.
3560. SECTION 15: NE/4NW/4 AND THAT PART OF THE N/2NE/4, NORTH
3561. AND WEST OF THE RIGHT-OF-WAY OF THE BULL CANAL.
3562.
3563. LEASE NUMBER: CO-050007-0184
3564. LESSOR: NORMA C MATHENA; ROBERT G BOLTON; MARY M WEIGANDT, JOINT
3565. TENANTS
3566. LESSEE: PETROGULF ENERGY COMPANY
3567. LEASE DATE: 04/05/1982
3568. RECORDED: BOOK PAGE ENTRY STATE COUNTY
3569. ------------------------------------------------------------
3570. 2648 770 COLORADO ADAMS
3571. COLORADO BROOMFIELD
3572. DESCRIPTION:
3573. BROOMFIELD COUNTY (FORMERLY ADAMS COUNTY), COLORADO
3574. TOWNSHIP 1 SOUTH, RANGE 68 WEST OF THE 6TH P.M.
3575. THE NW/4NW/4, AND A TRACT OR PARCEL OF LAND, NO. 12 OF
3576. GRANTEE'S PROJECT NO. FI 002-1(9), IN THE NW/4 OF SECTION
3577. 15, T1S, R68W OF THE 6TH P.M., MORE PARTICULARLY DESCRIBED
3578. AS FOLLOWS: BEGINNING AT A POINT ON THE EAST-WEST QUARTER
3579. LINE OF SECTION 15, T1S-R68W, FROM WHICH THE CENTER OF
3580. SECTION 15 BEARS S 89 DEGREES 31 FEET EAST, A DISTANCE OF
3581. 1.0 FEET; THENCE NORTH 0 DEGREES 30 INCHES WEST, A DISTANCE
3582. OF 1323.6 FEET PARALLEL TO AND 1.0 FEET WEST OF THE
3583. NORTH-SOUTH QUARTER LINE OF SECTION 15 TO THE NORTH
3584. PROPERTY LINE; THENCE 89 DEGREES 28 FEET 30 INCHES WEST, A
3585. DISTANCE OF 199.0 FEET ALONG THE NORTH PROPERTY LINE;
3586. THENCE SOUTH 0 DEGREES 08 FEET 30 INCHES EAST, A DISTANCE
3587. OF 175.5 FEET; THENCE SOUTH 11 DEGREES 10 FEET WEST, A
3588. DISTANCE OF 102.0 FEET; THENCE SOUTH 0 DEGREES 08 FEET 30
3589. INCHES EAST, A DISTANCE OF 400.0 FEET; THENCE SOUTH 11
3590. DEGREES 27 FEET EAST, A DISTANCE OF 102.0 FEET; THENCE
3591. SOUTH 0 DEGREES 08 FEET 30 INCHES EAST, A DISTANCE OF 548.2
3592. FEET TO THE EAST-WEST QUARTER LINE OF SECTION 15; THENCE
3593. SOUTH 89 DEGREES 31 FEET EAST ALONG THE EAST-WEST QUARTER
3594. LINE OF SECTION 15, A DISTANCE OF 199.0 FEET, MORE OR LESS,
3595. TO THE POINT OF BEGINNING.
3596.
3597. LEASE NUMBER: CO-050007-0185
3598. LESSOR: MILTON W FONAY; VIRGINIA M FONAY
3599. LESSEE: VESSELS OIL & GAS COMPANY
3600. LEASE DATE: 01/29/1990
3601. RECORDED: BOOK PAGE ENTRY STATE COUNTY
3602. ------------------------------------------------------------
3603. 3698 959 COLORADO ADAMS
3604. 3644 806 COLORADO ADAMS
3605. DESCRIPTION:
3606. ADAMS COUNTY, COLORADO
3607. TOWNSHIP 1 SOUTH, RANGE 68 WEST OF THE 6TH P.M.
3608. SECTION 22: S/2NW/4
3609.
3610. LEASE NUMBER: CO-050007-0186
3611. LESSOR: K G LAMBERTSON, JR. A/K/A K G LAMBERTSON AND BERTHA
3612. LAMBERTSON, HUSBAND AND WIFE
3613. LESSEE: VESSELS OIL & GAS COMPANY
3614. LEASE DATE: 02/08/1990
3615. RECORDED: BOOK PAGE ENTRY STATE COUNTY
3616. ------------------------------------------------------------
3617. 3698 979 COLORADO ADAMS
3618. COLORADO BROOMFIELD
3619. DESCRIPTION:
3620. BROOMFIELD COUNTY (FORMERLY ADAMS COUNTY), COLORADO
3621. TOWNSHIP 1 SOUTH, RANGE 68 WEST OF THE 6TH P.M.
3622. SECTION 21: N/2SW/4
3623.
3624. LEASE NUMBER: CO-050007-0187
3625. LESSOR: K G LAMBERTSON, JR. A/K/A K G LAMBERTSON AND BERTHA
3626. LAMBERTSON, HUSBAND AND WIFE
3627. LESSEE: VESSELS OIL & GAS COMPANY
3628. LEASE DATE: 02/08/1990
3629. RECORDED: BOOK PAGE ENTRY STATE COUNTY
3630. ------------------------------------------------------------
3631. 3698 983 COLORADO ADAMS
3632. COLORADO BROOMFIELD
3633. DESCRIPTION:
3634. BROOMFIELD COUNTY (FORMERLY ADAMS COUNTY), COLORADO
3635. TOWNSHIP 1 SOUTH, RANGE 68 WEST OF THE 6TH P.M.
3636. SECTION 21: PART OF THE S/2SW/4, EXCEPT THE FOLLOWING
3637. TRACT: COMMENCING AT THE SOUTHWEST CORNER OF SAID SECTION
3638. RUNNING THENCE DUE NORTH ALONG THE WESTERN LINE OF SAID
3639. SECTION 770 FEET, M/L, TO THE PLACE OF BEGINNING; THENCE
3640. DUE EAST 690 FEET TO A POINT, THENCE DUE NORTH 380 FEET TO
3641. A POINT, THENCE DUE WEST 690 FEET TO A POINT ON THE
3642. WESTERLY LINE OF SAID SECTION 21, THENCE DUE SOUTH 380 FEET
3643. MORE OR LESS TO THE POINT OF BEGINNING.
3644.
3645. LEASE NUMBER: CO-050007-0188
3646. LESSOR: BERTHA LAMBERTSON; K G LAMBERTSON A/K/A K G LAMBERTSON JR
3647. LESSEE: VESSELS OIL & GAS COMPANY
3648. LEASE DATE: 04/16/1990
3649. RECORDED: BOOK PAGE ENTRY STATE COUNTY
3650. ------------------------------------------------------------
3651. 3698 987 COLORADO ADAMS
3652. COLORADO BROOMFIELD
3653. DESCRIPTION:
3654. BROOMFIELD COUNTY (FORMERLY ADAMS COUNTY), COLORADO
3655. TOWNSHIP 1 SOUTH, RANGE 68 WEST OF THE 6TH P.M.
3656. SECTION 21: PART OF THE S/2SW/4 DESCRIBED AS FOLLOWS:
3657. COMMENCING AT THE SOUTHWEST CORNER OF SAID SECTION RUNNING
3658. THENCE DUE NORTH ALONG THE WESTERN LINE OF SAID SECTION 770
3659. FEET, M/L, TO THE PLACE OF BEGINNING; THENCE DUE EAST 690
3660. FEET TO A POINT, THENCE DUE NORTH 380 FEET TO A POINT,
3661. THENCE DUE WEST 690 FEET TO A POINT ON THE WESTERLY LINE OF
3662. SAID SECTION 21, THENCE DUE SOUTH 380 FEET MORE OR LESS TO
3663. THE POINT OF BEGINNING.
3664.
3665. LEASE NUMBER: CO-050007-0189
3666. LESSOR: CALDWELL FARMS, A COLORADO GENERAL PARTNERSHIP C/O JOSEPH
3667. MCGARRY
3668. LESSEE: VESSELS OIL & GAS COMPANY
3669. LEASE DATE: 06/01/1990
3670. RECORDED: BOOK PAGE ENTRY STATE COUNTY
3671. ------------------------------------------------------------
3672. 3752 434 COLORADO ADAMS
3673. DESCRIPTION:
3674. ADAMS COUNTY, COLORADO
3675. TOWNSHIP 1 SOUTH RANGE 68 WEST OF THE 6TH P.M.
3676. SECTION 15: S/2NW/4, EXCEPT A 6.276 ACRE TRACT AND A .574
3677. ACRE TRACT AND MORE FULLY DESCRIBED IN EXHIBIT B OF THE LEASE
3678.
3679. LEASE NUMBER: CO-050007-0190
3680. LESSOR: FARMERS RESERVOIR & IRRIGATION COMPANY, A MUTUAL DITCH
3681. COMPANY
3682. LESSEE: VESSELS OIL & GAS COMPANY
3683. LEASE DATE: 05/17/1989
3684. RECORDED: BOOK PAGE ENTRY STATE COUNTY
3685. ------------------------------------------------------------
3686. 3577 172 COLORADO ADAMS
3687. DESCRIPTION:
3688. ADAMS COUNTY, COLORADO
3689. TOWNSHIP 1 SOUTH, RANGE 68 WEST OF THE 6TH P.M.
3690. SECTION 21: THAT PART OF THE NW/4, MORE FULLY DESCRIBED IN
3691. EXHIBIT A, ATTACHED HERETO AND INCORPORATED HEREIN BY THIS
3692. REFERENCE IN THE LEASE.
3693.
3694. LEASE NUMBER: CO-050007-0191
3695. LESSOR: EUGENE D BARNETT; BERTHA M BARNETT
3696. LESSEE: VESSELS OIL & GAS COMPANY
3697. LEASE DATE: 05/18/1989
3698. RECORDED: BOOK PAGE ENTRY STATE COUNTY
3699. ------------------------------------------------------------
3700. 3584 11 COLORADO ADAMS
3701. 3587 276 COLORADO ADAMS
3702. 3577 175 COLORADO ADAMS
3703. DESCRIPTION:
3704. ADAMS COUNTY, COLORADO
3705. TOWNSHIP 1 SOUTH, RANGE 68 WEST OF THE 6TH P.M.
3706. SECTION 21: THAT PART OF THE NW/4NW/4, MORE FULLY DESCRIBED
3707. IN EXHIBIT A, ATTACHED HERETO AND INCORPORATED HEREIN BY
3708. THIS REFERENCE IN THE LEASE.
3709.
3710. LEASE NUMBER: CO-050007-0192
3711. LESSOR: RHONDA SWAIN, A MARRIED WOMAN DEALING IN HER SOLE AND
3712. SEPARATE PROPERTY; DOUGLAS SWAIN, HER HUSBAND; GARY FONAY,
3713. A MARRIED MAN DEALING IN HIS SOLE AND SEPARATE PROPERTY;
3714. LAURIE FONAY, HIS WIFE
3715. LESSEE: VESSELS OIL & GAS COMPANY
3716. LEASE DATE: 06/26/1989
3717. RECORDED: BOOK PAGE ENTRY STATE COUNTY
3718. ------------------------------------------------------------
3719. 3587 279 COLORADO ADAMS
3720. DESCRIPTION:
3721. ADAMS COUNTY, COLORADO
3722. TOWNSHIP 1 SOUTH, RANGE 68 WEST OF THE 6TH P.M.
3723. SECTION 21: THAT PART OF THE NW/4 OF SAID SECTION 21,
3724. DESCRIBED AS FOLLOWS: BEGINNING AT THE NORTH QUARTER CORNER
3725. OF SAID SECTION 21, WHICH POINT BEARS DUE WEST 2610 FEET
3726. MORE OR LESS FROM THE NE CORNER OF SAID SECTION; THENCE BY
3727. COURSES AND DISTANCES AS FOLLOWS; THENCE DUE EAST 834 FEET,
3728. MORE OR LESS, TO THE POINT OF BEGINNING.
3729.
3730. LEASE NUMBER: CO-050007-0193
3731. LESSOR: CHARLES LAWRENCE SMITH; LOIS VIRGINIA SMITH
3732. LESSEE: VESSELS OIL & GAS COMPANY
3733. LEASE DATE: 07/21/1989
3734. RECORDED: BOOK PAGE ENTRY STATE COUNTY
3735. ------------------------------------------------------------
3736. 3596 831 COLORADO ADAMS
3737. DESCRIPTION:
3738. ADAMS COUNTY, COLORADO
3739. TOWNSHIP 1 SOUTH, RANGE 68 WEST OF THE 6TH P.M.
3740. SECTION 21: PART OF THE NW/4, MORE FULLY DESCRIBED IN LEASE
3741.
3742. LEASE NUMBER: CO-050007-0194
3743. LESSOR: QUENTIN A BARNETT; V LUCILLE BARNETT
3744. LESSEE: VESSELS OIL & GAS COMPANY
3745. LEASE DATE: 08/01/1989
3746. RECORDED: BOOK PAGE ENTRY STATE COUNTY
3747. ------------------------------------------------------------
3748. 3602 677 COLORADO ADAMS
3749. DESCRIPTION:
3750. ADAMS COUNTY, COLORADO
3751. TOWNSHIP 1 SOUTH, RANGE 68 WEST OF THE 6TH P.M.
3752. SECTION 21: PART OF THE NW/4, MORE FULLY DESCRIBED IN LEASE
3753.
3754. LEASE NUMBER: CO-050007-0195
3755. LESSOR: WESTERN GAS SUPPLY COMPANY, FKS WESTERN SLOPE GAS COMPANY,
3756. A COLORADO CORPORATION
3757. LESSEE: VESSELS OIL & GAS COMPANY
3758. LEASE DATE: 05/08/1991
3759. RECORDED: BOOK PAGE ENTRY STATE COUNTY
3760. ------------------------------------------------------------
3761. 3803 854 COLORADO ADAMS
3762. DESCRIPTION:
3763. ADAMS COUNTY, COLORADO
3764. TOWNSHIP 1 SOUTH, RANGE 68 WEST OF THE 6TH P.M.
3765. SECTION 21: A TRACT OF LAND IN THE NW/4, DESCRIBED MORE
3766. FULLY IN THE LEASE
3767.
3768. LEASE NUMBER: CO-050007-0196
3769. LESSOR: COLUMBIA SAVINGS, A FEDERAL SAVINGS AND LOAN ASSOCIATION
3770. LESSEE: VESSELS OIL & GAS COMPANY
3771. LEASE DATE: 06/05/1991
3772. RECORDED: BOOK PAGE ENTRY STATE COUNTY
3773. ------------------------------------------------------------
3774. 3806 359 COLORADO ADAMS
3775. DESCRIPTION:
3776. ADAMS COUNTY, COLORADO
3777. TOWNSHIP 1 SOUTH, RANGE 68 WEST OF THE 6TH P.M.
3778. SECTION 21: S/2S/2S/2NE/4 AND ALL THAT PART OF THE SE/4NW/4
3779. OF SAID SECTION 21 LYING EAST OF THE BANK OF MCKAY LAKE,
3780. MORE FULLY DESCRIBED IN THE LEASE
3781.
3782. LEASE NUMBER: CO-050007-0197
3783. LESSOR: K G LAMBERTSON, JR. A/K/A K G LAMBERTSON AND BERTHA
3784. LAMBERTSON, HUSBAND AND WIFE
3785. LESSEE: VESSELS OIL & GAS COMPANY
3786. LEASE DATE: 02/08/1990
3787. RECORDED: BOOK PAGE ENTRY STATE COUNTY
3788. ------------------------------------------------------------
3789. 3698 975 COLORADO ADAMS
3790. DESCRIPTION:
3791. ADAMS COUNTY, COLORADO
3792. TOWNSHIP 1 SOUTH, RANGE 68 WEST OF THE 6TH P.M.
3793. SECTION 21: PART OF THE SW/4NW/4, MORE FULLY DESCRIBED IN LEASE
3794.
3795. LEASE NUMBER: CO-050007-0204
3796. LESSOR: HORACE G MCCARTY BY MICHAEL H MCCARTY AND HELEN Y MCCARTY,
3797. ATTORNEYS IN FACT; HELEN Y MCCARTY, WIFE OF H G MCCARTY, D
3798. WILSON MCCARTY AND FRANCES MCCARTY, HUSBAND AND WIFE; HELEN
3799. F FICKEL AND ROBERT BRUCE FICKEL, WIFE AND HUSBAND
3800. LESSEE: CORAL GULF EXPLORATION COMPANY
3801. LEASE DATE: 11/13/1979
3802. RECORDED: BOOK PAGE ENTRY STATE COUNTY
3803. ------------------------------------------------------------
3804. 889 1810786 COLORADO WELD
3805. DESCRIPTION:
3806. WELD COUNTY, COLORADO
3807. TOWNSHIP 4 NORTH, RANGE 67 WEST,
3808. SECTION 30: SW/4NE/4, W/2SE/4, SE/4SE/4, CONTAINING 160
3809. ACRES, MORE OR LESS
3810.
3811. LEASE NUMBER: CO-050007-0205
3812. LESSOR: HORACE G MCCARTY BY MICHAEL H MCCARTY AND HELEN Y MCCARTY,
3813. ATTORNEYS IN FACT; HELEN Y MCCARTY, WIFE OF H G MCCARTY, D
3814. WILSON MCCARTY AND FRANCES MCCARTY, HUSBAND AND WIFE; HELEN
3815. F FICKEL AND ROBERT BRUCE FICKEL, WIFE AND HUSBAND
3816. LESSEE: CORAL GULF EXPLORATION COMPANY
3817. LEASE DATE: 11/13/1979
3818. RECORDED: BOOK PAGE ENTRY STATE COUNTY
3819. ------------------------------------------------------------
3820. 889 1810785 COLORADO WELD
3821. DESCRIPTION:
3822. WELD COUNTY, COLORADO
3823. TOWNSHIP 4 NORTH, RANGE 67 WEST,
3824. SECTION 31: NW/4, EXCEPT THOSE TRACTS DESCRIBED IN BOOK 31
3825. AT PAGE 481 (9 ACRES) AND IN BOOK 207 AT PAGE 37 (7.9
3826. ACRES), CONTAINING 139 ACRES, MORE OR LESS
3827.
3828. LEASE NUMBER: CO-050007-0222
3829. LESSOR: HAZEL L ZUPKE; HERMAN A ZUPKE
3830. LESSEE: RICHARD L LEWIS
3831. LEASE DATE: 09/22/1980
3832. RECORDED: BOOK PAGE ENTRY STATE COUNTY
3833. ------------------------------------------------------------
3834. 917 1839263 COLORADO WELD
3835. DESCRIPTION:
3836. WELD COUNTY, COLORADO
3837. TOWNSHIP 5 NORTH, RANGE 65 WEST
3838. SECTION 21: E/2W/2SE/4 AND E/2SE/4
3839. (EXCO OWNS IN SECTION 21: NE/4SE/4, FROM THE SURFACE OF THE
3840. EARTH DOWN TO THE BASE OF THE CODELL - INSOMUCH AS THE
3841. NE/4SE/4 HAS BEEN POOLED INTO AN 80 ACRE SPACING UNIT
3842. E/2SE/4, HELD BY THE HAZEL #1-21 WELL, LOCATED IN THE
3843. SE/4SE/4, SECTION 21, T5N, R65W)
3844.
3845. LEASE NUMBER: CO-050007-0223
3846. LESSOR: GENE K. RANDELS AND LORINE C. RANDELS, HUSBAND AND WIFE
3847. LESSEE: DECALTA INTERNATIONAL CORPORATION
3848. LEASE DATE: 01/11/1982
3849. RECORDED: BOOK PAGE ENTRY STATE COUNTY
3850. ------------------------------------------------------------
3851. 961 1883879 COLORADO WELD
3852. DESCRIPTION:
3853. WELD COUNTY, COLORADO
3854. TOWNSHIP 5 NORTH, RANGE 64 WEST
3855. SECTION 32: A PART OF THE S/2NE/4 LYING NORTH AND EAST OF
3856. GILMORE CANAL AS RECORDED IN BOOK 920, RECEPTION #1842179
3857. OF THE WELD COUNTY, COLORADO RECORDS.
3858. SEE EXHIBIT "A" ATTACHED AND MADE A PART OF THE LEASE FOR A
3859. COMPLETE METES AND BOUNDS DESCRIPTION.
3860.
3861. LEASE NUMBER: CO-050007-0224-001
3862. LESSOR: PAUL E NEUBAUER ET AL
3863. LESSEE: CORAL GULF EXPLORATION CORPORATION
3864. LEASE DATE: 10/18/1979
3865. RECORDED: BOOK PAGE ENTRY STATE COUNTY
3866. ------------------------------------------------------------
3867. 889 1810794 COLORADO WELD
3868. DESCRIPTION:
3869. WELD COUNTY, COLORADO
3870. NE/4 AND NE/4NW/4 OF SEC 33 - T5N - R67W - 6TH PM
3871. 200 ACRES LESS 11.2 ACRES IN NE/4 TO CHAMPLIN (UPRR)
3872.
3873. LEASE NUMBER: CO-050007-0224-002
3874. LESSOR: JAMES R NELSON
3875. LEASE DATE: 10/11/1979
3876. RECORDED: BOOK PAGE ENTRY STATE COUNTY
3877. ------------------------------------------------------------
3878. 889 1810795 COLORADO WELD
3879. DESCRIPTION:
3880. WELD COUNTY, COLORADO
3881. NE/4 AND NE/4NW/4 OF SEC 33 - T5N - R67W - 6TH PM
3882. 200 ACRES LESS 11.2 ACRES IN NE/4 TO CHAMPLIN (UPRR)
3883.
3884. LEASE NUMBER: CO-050007-0225
3885. LESSOR: WELD COUNTY COLORADO, A POLITICAL SUBDIVISION OR THE STATE
3886. OF COLORADO
3887. LESSEE: DISCOVERY OIL LTD
3888. LEASE DATE: 01/18/1984
3889. RECORDED: BOOK PAGE ENTRY STATE COUNTY
3890. ------------------------------------------------------------
3891. 1019 1954895 COLORADO WELD
3892. DESCRIPTION:
3893. WELD COUNTY, COLORADO
3894. PT OF NW/4NW/4 SEC 33 - T5N - R67W, AS DESCRIBED IN
3895. QUITCLAIM DEED DATED 2/1/1941 AND RECORDED 2/7/1941 IN BOOK
3896. 1074 PAGE 407 RECORDS OF WELD COUNTY COLORADO
3897. CONTAINING .75 ACRES, MORE OR LESS
3898.
3899. LEASE NUMBER: CO-050007-0226
3900. LESSOR: CHAMPLIN PETROLEUM (NOW ANADARDO E&P LP)
3901. LESSEE: CORAL GULF EXPLORATION CORPORATION
3902. LEASE DATE: 01/13/1984
3903. RECORDED: BOOK PAGE ENTRY STATE COUNTY
3904. ------------------------------------------------------------
3905. 1023 1959302 COLORADO WELD
3906. DESCRIPTION:
3907. WELD COUNTY, COLORADO
3908. 200 FT WIDE STRIP 100 FT EITHER SIDE OF UPRR TRACK IN
3909. SE/4SW/4 SEC 34 - T5N - R67W, CONTAINING 2.25 ACRES
3910.
3911. LEASE NUMBER: CO-050007-0227
3912. LESSOR: PAUL L NELSON ET UX
3913. LESSEE: CORAL GULF EXPLORATION CORPORATION
3914. LEASE DATE: 10/11/1979
3915. RECORDED: BOOK PAGE ENTRY STATE COUNTY
3916. ------------------------------------------------------------
3917. 1810793 COLORADO WELD
3918. DESCRIPTION:
3919. WELD COUNTY, COLORADO
3920. NW/4NW/4 OF SEC 33 AND SW/4 OF SEC 34 - T5N - R67W - 6TH
3921. PM, LESS UPRR ROW)
3922. 200 ACRES LESS.75 ACRES TO WELD COUNTY COLORADO IN THE
3923. NW/4NW/4 OF SEC 33
3924. CONTAINING 199.25 ACRES
3925.
3926. LEASE NUMBER: CO-050007-0228
3927. LESSOR: CHAMPLIN PETROLEUM (NOW ANADARDO E&P LP)
3928. LESSEE: CORAL GULF EXPLORATION CORPORATION
3929. LEASE DATE: 04/06/1984
3930. RECORDED: BOOK PAGE ENTRY STATE COUNTY
3931. ------------------------------------------------------------
3932. 1034 1971723 COLORADO WELD
3933. DESCRIPTION:
3934. WELD COUNTY, COLORADO
3935. 150 FT WIDE STRIP 75 FT EITHER SIDE OF UPRR TRACK IN
3936. SE/4/NE/4 SEC 34 - T5N - R67W, CONTAINING 4.00 ACRES
3937.
3938. LEASE NUMBER: CO-050007-0229
3939. LESSOR: CHAMPLIN PETROLEUM (NOW ANADARDO E&P LP)
3940. LESSEE: CORAL GULF EXPLORATION CORPORATION
3941. LEASE DATE: 04/06/1984
3942. RECORDED: BOOK PAGE ENTRY STATE COUNTY
3943. ------------------------------------------------------------
3944. 1034 1971724 COLORADO WELD
3945. DESCRIPTION:
3946. WELD COUNTY, COLORADO
3947. 150 FT WIDE STRIP 75 FT EITHER SIDE OF UPRR TRACK IN THE
3948. NE/4NE/4 SEC 33 - T5N - R67W, CONTAINING 2.20 ACRES
3949.
3950. LEASE NUMBER: CO-050007-0230
3951. LESSOR: CHAMPLIN PETROLEUM (NOW ANADARDO E&P LP)
3952. LESSEE: CORAL GULF EXPLORATION CORPORATION
3953. LEASE DATE: 04/06/1984
3954. RECORDED: BOOK PAGE ENTRY STATE COUNTY
3955. ------------------------------------------------------------
3956. 1034 1971725 COLORADO WELD
3957. DESCRIPTION:
3958. WELD COUNTY, COLORADO
3959. 150 FT WIDE STRIP 75 FT EITHER SIDE OF THE UPRR TRACK IN
3960. THE NW/4NE/4 SEC 33 - T5N - R67W, CONTAINING 5.00 ACRES
3961.
3962. LEASE NUMBER: CO-050008-0001-001
3963. LESSOR: K & R LIVESTOCK COMMISSION COMPANY, A GENERAL PARTNERSHIP
3964. LESSEE: JOSEPH CHARLES BORLA JR
3965. LEASE DATE: 08/27/1984
3966. RECORDED: BOOK PAGE ENTRY STATE COUNTY
3967. ------------------------------------------------------------
3968. 1044 1983193 COLORADO WELD
3969. DESCRIPTION:
3970. BROOMFIELD COUNTY, COLORADO
3971. TOWNSHIP 1 NORTH, RANGE 68 WEST,
3972. SECTION 34: NE/4 SE/4
3973.
3974. LEASE NUMBER: CO-050008-0001-002
3975. LESSOR: COLORADO DEPARTMENT OF HIGHWAYS, DIVISION OR HIGHWAYS,
3976. STATE OF COLORADO
3977. LESSEE: MISSION OIL CORPORATION
3978. LEASE DATE: 07/24/1984
3979. RECORDED: BOOK PAGE ENTRY STATE COUNTY
3980. ------------------------------------------------------------
3981. 1078 2018974 COLORADO WELD
3982. DESCRIPTION:
3983. BROOMFIELD COUNTY, COLORADO
3984. TOWNSHIP 1 NORTH, RANGE 68 WEST,
3985. SECTION 34: 13.532 ACRES, MORE OR LESS, IN THE E/2 OF THE
3986. SE/4, AND 0.027 ACRES, MORE OR LESS, IN THE SE/4 OF THE
3987. SE/4, MORE PARTICULARLY DESCRIBED IN THE LEASE.
3988. CONTAINING 13.559 ACRES, MORE OR LESS.
3989.
3990. LEASE NUMBER: CO-050008-0002
3991. LESSOR: J LEE SEARS; LA VEDA LOUIS SEARS; J KENNETH LAMBERT
3992. LESSEE: THOMAS G VESSELS
3993. LEASE DATE: 07/21/1976
3994. RECORDED: BOOK PAGE ENTRY STATE COUNTY
3995. ------------------------------------------------------------
3996. 772 1694433 COLORADO WELD
3997. DESCRIPTION:
3998. BROOMFIELD COUNTY, COLORADO
3999. TOWNSHIP 1 NORTH, RANGE 68 WEST,
4000. SECTION 26: S/2NW/4
4001.
4002. LEASE NUMBER: CO-050009-0001
4003. LESSOR: LARRY LAUNE; DELILA LAUNE
4004. LESSEE: C K ADAMS D/B/A PRECISION HYDROCARBONS, MAYERS & CO & IRL N
4005. STALCUP
4006. LEASE DATE: 09/27/1985
4007. RECORDED: BOOK PAGE ENTRY STATE COUNTY
4008. ------------------------------------------------------------
4009. 85049612 COLORADO LARIMER
4010. DESCRIPTION:
4011. LARIMER COUNTY, COLORADO
4012. TOWNSHIP 5 NORTH, RANGE 68 WEST,
4013. SECTION 25: SE/4
4014.
4015. LEASE NUMBER: CO-050010-0001
4016. LESSOR: EARL A ANDERSEN; DORIA L ANDERSEN
4017. LESSEE: H & C COLTON COMPANY
4018. LEASE DATE: 03/06/1982
4019. RECORDED: BOOK PAGE ENTRY STATE COUNTY
4020. ------------------------------------------------------------
4021. 963 1885582 COLORADO WELD
4022. DESCRIPTION:
4023. WELD COUNTY, COLORADO
4024. TOWNSHIP 6 NORTH, RANGE 65 WEST,
4025. SECTION 13: THE WEST 15 ACRES OF SE/4 NW/4
4026.
4027. LEASE NUMBER: CO-050010-0002
4028. LESSOR: RAY L ANDERSEN; VIRGINIA M ANDERSEN
4029. LESSEE: H & C COLTON COMPANY
4030. LEASE DATE: 03/06/1982
4031. RECORDED: BOOK PAGE ENTRY STATE COUNTY
4032. ------------------------------------------------------------
4033. 963 1885583 COLORADO WELD
4034. DESCRIPTION:
4035. WELD COUNTY, COLORADO
4036. TOWNSHIP 6 NORTH, RANGE 65 WEST,
4037. SECTION 13: THE EAST 25 ACRES OF THE SE/4 NW/4
4038.
4039.
4040.
4041.
4042. A-2: SURFACE LEASES, RIGHT OF WAYS, EASEMENTS
4043.
4044.
4045. LEASE NUMBER: CO-050007-S153
4046. LESSOR: THOMAS D BROWN
4047. LESSEE: ROCK OIL CORPORATION
4048. LEASE DATE: 03/19/1986
4049. RECORDED: BOOK PAGE ENTRY STATE COUNTY
4050. ------------------------------------------------------------
4051. COLORADO WELD
4052. DESCRIPTION:
4053. WELD COUNTY, COLORADO
4054. TOWNSHIP 5 NORTH, RANGE 65 WEST
4055. SECTION 23: SE/4SE/4
4056.
4057. LEASE NUMBER: CO-050007-S154
4058. LESSOR: KIRCHNER FARM ASSOCIATES
4059. LESSEE: SOVEREIGN OIL COMPANY AND CORAL GULF EXPLORATION
4060. LEASE DATE: 09/01/1984
4061. RECORDED: BOOK PAGE ENTRY STATE COUNTY
4062. ------------------------------------------------------------
4063. COLORADO WELD
4064. DESCRIPTION:
4065. WELD COUNTY, COLORADO
4066. TOWNSHIP 5 NORTH, RANGE 67 WEST,
4067. SECTION 33: S/2 NW/4; W/2 SE/4 AND ALL OF THE SW/4, EXCEPT
4068. THAT PART LYING SOUTH AND WEST OF THE RAILROAD (MOSER
4069. WELLS)
4070.
4071. LEASE NUMBER: CO-050007-S155
4072. LESSOR: DONALD A WIEDEMAN
4073. LESSEE: SHEPLER & THOMAS INC
4074. LEASE DATE: 07/15/1988
4075. RECORDED: BOOK PAGE ENTRY STATE COUNTY
4076. ------------------------------------------------------------
4077. COLORADO WELD
4078. DESCRIPTION:
4079. WELD COUNTY, COLORADO
4080. TOWNSHIP 4 NORTH, RANGE 67 WEST,
4081. SECTION 21: SW/4
4082.
4083. LEASE NUMBER: CO-050007-S156
4084. LESSOR: WALTER E NYGREN; FAYE MARIE NYGREN; MARK A NYGREN
4085. LESSEE: SHEPLER & THOMAS INC
4086. LEASE DATE: 09/27/1984
4087. RECORDED: BOOK PAGE ENTRY STATE COUNTY
4088. ------------------------------------------------------------
4089. COLORADO WELD
4090. DESCRIPTION:
4091. WELD COUNTY, COLORADO
4092. TOWNSHIP 4 NORTH, RANGE 67 WEST,
4093. SECTION 19 EXCEPT THE SE/4 THEREOF
4094.
4095. LEASE NUMBER: CO-050007-S157
4096. LESSOR: ALBERT J STROH; LYDIA STROH
4097. LESSEE: CORAL GULF EXPLORATION COMPANY
4098. LEASE DATE: 09/19/1979
4099. RECORDED: BOOK PAGE ENTRY STATE COUNTY
4100. ------------------------------------------------------------
4101. COLORADO WELD
4102. DESCRIPTION:
4103. WELD COUNTY, COLORADO
4104. TOWNSHIP 4 NORTH, RANGE 67 WEST,
4105. SECTION 17: THAT PART OF THE E/2 LYING SOUTH AND EAST OF
4106. THE GREAT WESTERN RAILROAD RIGHT-OF-WAY (114 ACRES, MORE OR
4107. LESS)
4108. SECTION 20: E/2 (290 ACRES, MORE OR LESS) CONTAINING 404
4109. ACRES TOTAL, MORE OR LESS.
4110.
4111. LEASE NUMBER: CO-050007-S158
4112. LESSOR: INTRAWEST BANK OF GREELEY, SUCCESSOR TRUSTEE TO THE FIRST
4113. NATIONAL BANK OF GREELEY UNDER THE TESTAMENTARY TRUST OF A
4114. D HANKINS
4115. LESSEE: SHEPLER & THOMAS INC
4116. LEASE DATE: 06/21/1983
4117. RECORDED: BOOK PAGE ENTRY STATE COUNTY
4118. ------------------------------------------------------------
4119. COLORADO WELD
4120. DESCRIPTION:
4121. WELD COUNTY, COLORADO
4122. TOWNSHIP 5 NORTH, RANGE 67 WEST,
4123. SECTION 27: NE/4SE/4
4124.
4125. LEASE NUMBER: CO-050007-S159
4126. LESSOR: DAVID BERNHARDT; TIMOTHY BERNHARDT; REUBEN BERNHARDT;
4127. HESTER BERNHARDT
4128. LESSEE: SOUTHWESTERN PRODUCTION CORPORATION
4129. LEASE DATE: 05/11/2001
4130. RECORDED: BOOK PAGE ENTRY STATE COUNTY
4131. ------------------------------------------------------------
4132. COLORADO WELD
4133. DESCRIPTION:
4134. WELD COUNTY, COLORADO
4135. TOWNSHIP 4 NORTH, RANGE 67 WEST
4136. SECTION 13: SE/4
4137.
4138. LEASE NUMBER: CO-050007-S160
4139. LESSOR: DAVID BERNHARDT; TIMOTHY BERNHARDT; REUBEN BERNHARDT;
4140. HESTER BERNHARDT
4141. LESSEE: SOUTHWESTERN PRODUCTION CORPORATION
4142. LEASE DATE: 10/16/2001
4143. RECORDED: BOOK PAGE ENTRY STATE COUNTY
4144. ------------------------------------------------------------
4145. COLORADO WELD
4146. DESCRIPTION:
4147. WELD COUNTY, COLORADO
4148. TOWNSHIP 4 NORTH, RANGE 67 WEST
4149. SECTION 13: SE/4
4150.
4151. LEASE NUMBER: CO-050007-S161
4152. LESSOR: ROBERT STROH
4153. LESSEE: SOUTHWESTERN PRODUCTION CORPORATION
4154. LEASE DATE: 05/11/2001
4155. RECORDED: BOOK PAGE ENTRY STATE COUNTY
4156. ------------------------------------------------------------
4157. COLORADO WELD
4158. DESCRIPTION:
4159. WELD COUNTY, COLORADO
4160. TOWNSHIP 4 NORTH, RANGE 67 WEST
4161. SECTION 13: SE/4SW/4
4162.
4163. LEASE NUMBER: CO-050007-S162
4164. LESSOR: RICHARD WOLF; BERNICE WOLF
4165. LESSEE: SOUTHWESTERN PRODUCTION CORPORATION
4166. LEASE DATE: 03/12/2001
4167. RECORDED: BOOK PAGE ENTRY STATE COUNTY
4168. ------------------------------------------------------------
4169. COLORADO WELD
4170. DESCRIPTION:
4171. WELD COUNTY, COLORADO
4172. TOWNSHIP 4 NORTH, RANGE 66 WEST
4173. SECTION 31: SE/4
4174.
4175. LEASE NUMBER: CO-050007-S163
4176. LESSOR: ZABKA FARMS INC
4177. LESSEE: SOUTHWESTERN PRODUCTION CORPORATION
4178. LEASE DATE: 09/20/2000
4179. RECORDED: BOOK PAGE ENTRY STATE COUNTY
4180. ------------------------------------------------------------
4181. COLORADO WELD
4182. DESCRIPTION:
4183. WELD COUNTY, COLORADO
4184. TOWNSHIP 5 NORTH, RANGE 65 WEST, 6TH P.M.
4185. SECTION 11: SE/4SE/4
4186. SECTION 14: NE/4NE/4
4187.
4188. LEASE NUMBER: CO-050007-S164
4189. LESSOR: DAVID BERNHARDT; TIMOTHY BERNHARDT; REUBEN BERNHARDT;
4190. HESTER BERNHARDT
4191. LESSEE: SOUTHWESTERN PRODUCTION CORPORATION
4192. LEASE DATE: 05/11/2001
4193. RECORDED: BOOK PAGE ENTRY STATE COUNTY
4194. ------------------------------------------------------------
4195. COLORADO WELD
4196. DESCRIPTION:
4197. WELD COUNTY, COLORADO
4198. TOWNSHIP 4 NORTH, RANGE 67 WEST
4199. SECTION 13: SE/4
4200.
4201. LEASE NUMBER: CO-050007-S165
4202. LESSOR: GREGORY W BROWN AND JUDITH JANE SITZMAN AND DEBRA ANNETTE
4203. MCCOY ALL D/B/A MEEKER VIEW ENTERPRISES
4204. LESSEE: SOUTHWESTERN PRODUCTION CORPORATION
4205. LEASE DATE: 07/06/2001
4206. RECORDED: BOOK PAGE ENTRY STATE COUNTY
4207. ------------------------------------------------------------
4208. COLORADO WELD
4209. DESCRIPTION:
4210. WELD COUNTY, COLORADO
4211. TOWNSHIP 4 NORTH, RANGE 67 WEST
4212. SECTION 20: NW/4
4213.
4214. LEASE NUMBER: CO-050007-S166
4215. LESSOR: ROBERT WIEDEMAN; ESTHER WIEDEMAN
4216. LESSEE: SOUTHWESTERN PRODUCTION CORPORATION
4217. LEASE DATE: 04/03/2001
4218. RECORDED: BOOK PAGE ENTRY STATE COUNTY
4219. ------------------------------------------------------------
4220. COLORADO WELD
4221. DESCRIPTION:
4222. WELD COUNTY, COLORADO
4223. TOWNSHIP 4 NORTH, RANGE 66 WEST
4224. SECTION 29: E/2NW/4
4225.
4226. LEASE NUMBER: CO-050007-S167
4227. LESSOR: THE HELEN M WILLIAMS TRUST
4228. LESSEE: SOUTHWESTERN PRODUCTION CORPORATION
4229. LEASE DATE: 07/02/2001
4230. RECORDED: BOOK PAGE ENTRY STATE COUNTY
4231. ------------------------------------------------------------
4232. COLORADO WELD
4233. DESCRIPTION:
4234. WELD COUNTY, COLORADO
4235. TOWNSHIP 5 NORTH, RANGE 67 WEST
4236. SECTION 28: SE/4NE/4
4237.
4238. LEASE NUMBER: CO-050007-S168
4239. LESSOR: ROBERT H STROH
4240. LESSEE: SOUTHWESTERN PRODUCTION CORPORATION
4241. LEASE DATE: 10/23/2000
4242. RECORDED: BOOK PAGE ENTRY STATE COUNTY
4243. ------------------------------------------------------------
4244. COLORADO WELD
4245. DESCRIPTION:
4246. WELD COUNTY, COLORADO
4247. TOWNSHIP 4 NORTH, RANGE 67 WEST, 6TH P.M.
4248. SECTION 24: SW/4NW/4
4249.
4250. LEASE NUMBER: CO-050007-S169
4251. LESSOR: DAVID BERNHARDT; TIMOTHY BERNHARDT; REUBEN BERNHARDT;
4252. HESTER BERNHARDT
4253. LESSEE: SOUTHWESTERN PRODUCTION CORPORATION
4254. LEASE DATE: 10/29/2001
4255. RECORDED: BOOK PAGE ENTRY STATE COUNTY
4256. ------------------------------------------------------------
4257. COLORADO WELD
4258. DESCRIPTION:
4259. WELD COUNTY, COLORADO
4260. TOWNSHIP 4 NORTH, RANGE 67 WEST
4261. SECTION 24: NE/4
4262.
4263. LEASE NUMBER: CO-050007-S170
4264. LESSOR: DAVID BERNHARDT; TIMOTHY BERNHARDT; REUBEN BERNHARDT;
4265. HESTER BERNHARDT
4266. LESSEE: SOUTHWESTERN PRODUCTION CORPORATION
4267. LEASE DATE: 10/29/2001
4268. RECORDED: BOOK PAGE ENTRY STATE COUNTY
4269. ------------------------------------------------------------
4270. COLORADO WELD
4271. DESCRIPTION:
4272. WELD COUNTY, COLORADO
4273. TOWNSHIP 4 NORTH, RANGE 67 WEST
4274. SECTION 24: NE/4
4275.
4276. LEASE NUMBER: CO-050007-S171
4277. LESSOR: RICHARD L REINICK JR
4278. LESSEE: SOUTHWESTERN PRODUCTION CORPORATION
4279. LEASE DATE: 06/19/2001
4280. RECORDED: BOOK PAGE ENTRY STATE COUNTY
4281. ------------------------------------------------------------
4282. COLORADO WELD
4283. DESCRIPTION:
4284. WELD COUNTY, COLORADO
4285. TOWNSHIP 5 NORTH, RANGE 64 WEST
4286. SECTION 22: NE/4NW/4
4287.
4288. LEASE NUMBER: CO-050007-S172
4289. LESSOR: RICHARD L REINICK JR
4290. LESSEE: SOUTHWESTERN PRODUCTION CORPORATION
4291. LEASE DATE: 06/19/2001
4292. RECORDED: BOOK PAGE ENTRY STATE COUNTY
4293. ------------------------------------------------------------
4294. COLORADO WELD
4295. DESCRIPTION:
4296. WELD COUNTY, COLORADO
4297. TOWNSHIP 5 NORTH, RANGE 64 WEST
4298. SECTION 22: NW/4NW/4
4299.
4300. LEASE NUMBER: CO-050007-S173
4301. LESSOR: DAVID BERNHARDT; TIMOTHY BERNHARDT; REUBEN BERNHARDT;
4302. HESTER BERNHARDT
4303. LESSEE: SOUTHWESTERN PRODUCTION CORPORATION
4304. LEASE DATE: 11/01/2001
4305. RECORDED: BOOK PAGE ENTRY STATE COUNTY
4306. ------------------------------------------------------------
4307. COLORADO WELD
4308. DESCRIPTION:
4309. WELD COUNTY, COLORADO
4310. TOWNSHIP 4 NORTH, RANGE 67 WEST
4311. SECTION 24: NE/4
4312.
4313. LEASE NUMBER: CO-050007-S174
4314. LESSOR: DON MEINING; MARY JANE MEINING
4315. LESSEE: SOUTHWESTERN PRODUCTION CORPORATION
4316. LEASE DATE: 07/17/2001
4317. RECORDED: BOOK PAGE ENTRY STATE COUNTY
4318. ------------------------------------------------------------
4319. COLORADO WELD
4320. DESCRIPTION:
4321. WELD COUNTY, COLORADO
4322. TOWNSHIP 4 NORTH, RANGE 66 WEST
4323. SECTION 30: SW/4NE/4
4324.
4325. LEASE NUMBER: CO-050007-S175
4326. LESSOR: ROBERT DOUGHMAN
4327. LESSEE: SOUTHWESTERN PRODUCTION CORPORATION
4328. LEASE DATE: 06/05/2001
4329. RECORDED: BOOK PAGE ENTRY STATE COUNTY
4330. ------------------------------------------------------------
4331. COLORADO WELD
4332. DESCRIPTION:
4333. WELD COUNTY, COLORADO
4334. TOWNSHIP 5 NORTH, RANGE 64 WEST
4335. SECTION 22: NE/4NE/4
4336.
4337. LEASE NUMBER: CO-050007-S176
4338. LESSOR: ROBERT WIEDEMAN; ESTHER WIEDEMAN
4339. LESSEE: SOUTHWESTERN PRODUCTION CORPORATION
4340. LEASE DATE: 04/03/2001
4341. RECORDED: BOOK PAGE ENTRY STATE COUNTY
4342. ------------------------------------------------------------
4343. COLORADO WELD
4344. DESCRIPTION:
4345. WELD COUNTY, COLORADO
4346. TOWNSHIP 4 NORTH, RANGE 66 WEST
4347. SECTION 29: E/2NW/4
4348.
4349. LEASE NUMBER: CO-050007-S177
4350. LESSOR: ZABKA FARMS INC
4351. LESSEE: SOUTHWESTERN PRODUCTION CORPORATION
4352. LEASE DATE: 08/23/2001
4353. RECORDED: BOOK PAGE ENTRY STATE COUNTY
4354. ------------------------------------------------------------
4355. COLORADO WELD
4356. DESCRIPTION:
4357. WELD COUNTY, COLORADO
4358. TOWNSHIP 4 NORTH, RANGE 66 WEST
4359. SECTION 20: N/2NW/4
4360.
4361. LEASE NUMBER: CO-050007-S178
4362. LESSOR: DAVID BERNHARDT; TIMOTHY BERNHARDT; REUBEN BERNHARDT;
4363. HESTER BERNHARDT
4364. LESSEE: SOUTHWESTERN PRODUCTION CORPORATION
4365. LEASE DATE: 10/16/2001
4366. RECORDED: BOOK PAGE ENTRY STATE COUNTY
4367. ------------------------------------------------------------
4368. COLORADO WELD
4369. DESCRIPTION:
4370. WELD COUNTY, COLORADO
4371. TOWNSHIP 4 NORTH, RANGE 67 WEST
4372. SECTION 13: SE/4
4373.
4374. LEASE NUMBER: CO-050007-S179
4375. LESSOR: THE WILLIAM R AND VIRGINA MELLON TRUST
4376. LESSEE: SOUTHWESTERN PRODUCTION CORPORATION
4377. LEASE DATE: 09/07/2001
4378. RECORDED: BOOK PAGE ENTRY STATE COUNTY
4379. ------------------------------------------------------------
4380. COLORADO WELD
4381. DESCRIPTION:
4382. WELD COUNTY, COLORADO
4383. TOWNSHIP 5 NORTH, RANGE 67 WEST
4384. SECTION 28: SE/4NW/4
4385.
4386. LEASE NUMBER: CO-050007-S180
4387. LESSOR: THE ROGER L WILLIAMS TRUST
4388. LESSEE: SOUTHWESTERN PRODUCTION CORPORATION
4389. LEASE DATE: 07/02/2001
4390. RECORDED: BOOK PAGE ENTRY STATE COUNTY
4391. ------------------------------------------------------------
4392. COLORADO WELD
4393. DESCRIPTION:
4394. WELD COUNTY, COLORADO
4395. TOWNSHIP 5 NORTH, RANGE 67 WEST
4396. SECTION 28: SW/4NE/4
4397.
4398. LEASE NUMBER: CO-050007-S181
4399. LESSOR: DAVID BERNHARDT; TIMOTHY BERNHARDT; REUBEN BERNHARDT;
4400. HESTER BERNHARDT
4401. LESSEE: SOUTHWESTERN PRODUCTION CORPORATION
4402. LEASE DATE: 11/01/2001
4403. RECORDED: BOOK PAGE ENTRY STATE COUNTY
4404. ------------------------------------------------------------
4405. COLORADO WELD
4406. DESCRIPTION:
4407. WELD COUNTY, COLORADO
4408. TOWNSHIP 4 NORTH, RANGE 67 WEST
4409. SECTION 24: NE/4
4410.
4411. LEASE NUMBER: CO-050007-S182
4412. LESSOR: RICHARD L REINICK JR
4413. LESSEE: SOUTHWESTERN PRODUCTION CORPORATION
4414. LEASE DATE: 06/05/2001
4415. RECORDED: BOOK PAGE ENTRY STATE COUNTY
4416. ------------------------------------------------------------
4417. COLORADO WELD
4418. DESCRIPTION:
4419. WELD COUNTY, COLORADO
4420. TOWNSHIP 5 NORTH, RANGE 64 WEST
4421. SECTION 22: NW/4NE/4
4422.
4423. LEASE NUMBER: CO-050007-S198
4424. LESSOR: MCCARTY WELD FARMS
4425. LESSEE: SHEPLER & THOMAS INC
4426. LEASE DATE: 12/19/1985
4427. RECORDED: BOOK PAGE ENTRY STATE COUNTY
4428. ------------------------------------------------------------
4429. COLORADO WELD
4430. DESCRIPTION:
4431. WELD COUNTY, COLORADO
4432. TOWNSHIP 4 NORTH, RANGE 67 WEST
4433. SECTION 28: N/2
4434.
4435. LEASE NUMBER: CO-050007-S199
4436. LESSOR: DONALD LEONARD
4437. LESSEE: SHEPLER & THOMAS INC
4438. LEASE DATE: 11/21/1984
4439. RECORDED: BOOK PAGE ENTRY STATE COUNTY
4440. ------------------------------------------------------------
4441. COLORADO WELD
4442. DESCRIPTION:
4443. WELD COUNTY, COLORADO
4444. TOWNSHIP 5 NORTH, RANGE 67 WEST
4445. SECTION 10: SW/4
4446.
4447. LEASE NUMBER: CO-050007-S200
4448. LESSOR: DAVID J STEPHENS
4449. LESSEE: SHEPLER & THOMAS INC
4450. LEASE DATE: 11/21/1984
4451. RECORDED: BOOK PAGE ENTRY STATE COUNTY
4452. ------------------------------------------------------------
4453. COLORADO WELD
4454. DESCRIPTION:
4455. WELD COUNTY, COLORADO
4456. TOWNSHIP 5 NORTH, RANGE 67 WEST
4457. SECTION 10: SW/4
4458.
4459. LEASE NUMBER: CO-050007-S201
4460. LESSOR: THE GREELEY AND LOVELAND IRRIGATION COMPANY
4461. LESSEE: SHEPLER & THOMAS INC
4462. LEASE DATE: 12/20/1983
4463. RECORDED: BOOK PAGE ENTRY STATE COUNTY
4464. ------------------------------------------------------------
4465. COLORADO WELD
4466. DESCRIPTION:
4467. WELD COUNTY, COLORADO
4468. TOWNSHIP 5 NORTH, RANGE 67 WEST
4469. SECTION 21: SE/4SW/4
4470.
4471. LEASE NUMBER: CO-050007-S202
4472. LESSOR: GEORGE J FRICK; DOROTHY M FRICK
4473. LESSEE: DECALTA INTERNATIONAL CORPORATION
4474. LEASE DATE: 08/15/1985
4475. RECORDED: BOOK PAGE ENTRY STATE COUNTY
4476. ------------------------------------------------------------
4477. COLORADO WELD
4478. DESCRIPTION:
4479. WELD COUNTY, COLORADO
4480. TOWNSHIP 4 NORTH, RANGE 64 WEST
4481. SECTION 18: NE/4, EXCEPT THAT PART OF THE NE/4 BEING MORE
4482. PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT THE
4483. NORTHEAST CORNER (NE CORNER)OF SAID SECTION 18, AND
4484. CONSIDERING THE EAST LINE OF THE NORTHEAST QUARTER OF SAID
4485. SECTION 18 TO BEAR NORTH 00 DEGREES 00 FEET 00 INCHES EAST,
4486. AND WITH ALL OTHER BEARINGS CONTAINED HEREIN RELATIVE
4487. THERETO; THENCE SOUTH 88 DEGREES 28 FEET 07 INCHES WEST
4488. ALONG THE NORTH LINE OF SAID SECTION 18, 527.97 FEET TO THE
4489. TRUE POINT OF BEGINNING; THENCE SOUTH 88 DEGREES 28 FEET 07
4490. INCHES WEST ALONG THE NORTH LINE OF SAID SECTION 18,
4491. 2178.80 FEET TO THE NORTH QUARTER CORNER OF SAID SECTION
4492. 18; THENCE SOUTH 00 DEGREES 30 FEET 30 INCHES EAST ALONG
4493. THE WEST LINE TO THE NORTHEAST QUARTER OF SAID SECTION 18,
4494. 2,641.89 FEET TO THE CENTER CORNER OF SAID SECTION 18;
4495. THENCE NORTH 87 DEGREES 40 FEET 01 INCHES EAST, 506.50
4496. FEET; THENCE NORTH 19 DEGREES 13 FEET 01 INCHES WEST,
4497. 587.49 FEET; THENCE NORTH 07 DEGREES 53 FEET 01 INCHES
4498. WEST, 94.18 FEET; THENCE NORTH 13 DEGREES 56 FEET 59 INCHES
4499. EAST, 308.16 FEET; THENCE NORTH 33 DEGREES 20 FEET 55
4500. INCHES EAST, 176.95 FEET; THENCE 02 DEGREES 31 FEET 00
4501. INCHES EAST, 759.60 FEET; THENCE NORTH 86 DEGREES 43 FEET
4502. 28 INCHES EAST, 639.45 FEET; THENCE SOUTH 36 DEGREES 58
4503. FEET 00 INCHES EAST, 1013.34 FEET; THENCE NORTH 88 DEGREES
4504. 28 FEET 07 INCHES EAST, 402.24 FEET; THENCE NORTH 00
4505. DEGREES 00 FEET 00 INCHES EAST, 1588 .09 FEET TO THE TRU
4506. POINT OF BEGINNING.
4507.
4508. LEASE NUMBER: CO-050007-S203
4509. LESSOR: DANIEL J MOTIS
4510. LESSEE: COWAN OIL COMPANY AND KLONIN ENERGY INC
4511. LEASE DATE: 10/06/1989
4512. RECORDED: BOOK PAGE ENTRY STATE COUNTY
4513. ------------------------------------------------------------
4514. COLORADO WELD
4515. DESCRIPTION:
4516. WELD COUNTY, COLORADO
4517. TOWNSHIP 5 NORTH, RANGE 63 WEST
4518. SECTION 19: NE/4NW/4
4519.
4520. LEASE NUMBER: CO-050007-S206
4521. LESSOR: DONALD LEONARD
4522. LESSEE: SHEPLER & THOMAS INC
4523. LEASE DATE: 11/21/1984
4524. RECORDED: BOOK PAGE ENTRY STATE COUNTY
4525. ------------------------------------------------------------
4526. COLORADO WELD
4527. DESCRIPTION:
4528. WELD COUNTY, COLORADO
4529. TOWNSHIP 5 NORTH, RANGE 67 WEST
4530. SECTION 10: E/2
4531.
4532. LEASE NUMBER: CO-050007-S207
4533. LESSOR: DAVID J STEPHENS
4534. LESSEE: SHEPLER & THOMAS INC
4535. LEASE DATE: 11/21/1984
4536. RECORDED: BOOK PAGE ENTRY STATE COUNTY
4537. ------------------------------------------------------------
4538. COLORADO WELD
4539. DESCRIPTION:
4540. WELD COUNTY, COLORADO
4541. TOWNSHIP 5 NORTH, RANGE 67 WEST
4542. SECTION 10: E/2
4543.
4544. LEASE NUMBER: CO-050007-S208
4545. LESSOR: DAVID J STEPHENS; RICHARD B FOE
4546. LESSEE: SHEPLER & THOMAS INC
4547. LEASE DATE: 07/30/1984
4548. RECORDED: BOOK PAGE ENTRY STATE COUNTY
4549. ------------------------------------------------------------
4550. COLORADO WELD
4551. DESCRIPTION:
4552. WELD COUNTY, COLORADO
4553. TOWNSHIP 5 NORTH, RANGE 67 WEST
4554. SECTION 10: E/2; E/2W/2
4555.
4556. LEASE NUMBER: CO-050007-S209
4557. LESSOR: ROBERT E MILLER; MAURY L MILLER
4558. LESSEE: SHEPLER & THOMAS INC
4559. LEASE DATE: 07/01/1984
4560. RECORDED: BOOK PAGE ENTRY STATE COUNTY
4561. ------------------------------------------------------------
4562. COLORADO WELD
4563. DESCRIPTION:
4564. WELD COUNTY, COLORADO
4565. TOWNSHIP 5 NORTH, RANGE 67 WEST
4566. SECTION 32: E/2NW/4
4567.
4568. LEASE NUMBER: CO-050007-S210
4569. LESSOR: DONALD T PURVIS; KAY B PURVIS
4570. LESSEE: SHEPLER & THOMAS INC
4571. LEASE DATE: 11/01/1985
4572. RECORDED: BOOK PAGE ENTRY STATE COUNTY
4573. ------------------------------------------------------------
4574. COLORADO WELD
4575. DESCRIPTION:
4576. WELD COUNTY, COLORADO
4577. TOWNSHIP 4 NORTH, RANGE 67 WEST
4578. SECTION 10: NW/4SE/4
4579.
4580. LEASE NUMBER: CO-050007-S211
4581. LESSOR: BENNETT L SPAUR JR; BYRON L SPAUR; GILBERT L SPAUR; GLENN H
4582. SPAUR
4583. LESSEE: SHEPLER & THOMAS INC
4584. LEASE DATE: 09/25/1985
4585. RECORDED: BOOK PAGE ENTRY STATE COUNTY
4586. ------------------------------------------------------------
4587. COLORADO WELD
4588. DESCRIPTION:
4589. WELD COUNTY, COLORADO
4590. TOWNSHIP 4 NORTH, RANGE 67 WEST
4591. SECTION 10: NW/4SW/4
4592. LEASE NUMBER: CO-050007-S212
4593. LESSOR: BENNETT L SPAUR JR; BYRON L SPAUR; GILBERT L SPAUR; GLENN H
4594. SPAUR
4595. LESSEE: SHEPLER & THOMAS INC
4596. LEASE DATE: 12/16/1985
4597. RECORDED: BOOK PAGE ENTRY STATE COUNTY
4598. ------------------------------------------------------------
4599. COLORADO WELD
4600. DESCRIPTION:
4601. WELD COUNTY, COLORADO
4602. TOWNSHIP 4 NORTH, RANGE 67 WEST
4603. SECTION 10: SE/4SW/4
4604.
4605. LEASE NUMBER: CO-050007-S213
4606. LESSOR: ANN SORENSSON
4607. LESSEE: SHEPLER & THOMAS INC
4608. LEASE DATE: 11/19/1984
4609. RECORDED: BOOK PAGE ENTRY STATE COUNTY
4610. ------------------------------------------------------------
4611. COLORADO WELD
4612. DESCRIPTION:
4613. WELD COUNTY, COLORADO
4614. TOWNSHIP 3 NORTH, RANGE 67 WEST
4615. SECTION 6: SE/4
4616.
4617. LEASE NUMBER: CO-050007-S214
4618. LESSOR: ANN SORENSSON
4619. LESSEE: SHEPLER & THOMAS INC
4620. LEASE DATE: 11/29/1984
4621. RECORDED: BOOK PAGE ENTRY STATE COUNTY
4622. ------------------------------------------------------------
4623. COLORADO WELD
4624. DESCRIPTION:
4625. WELD COUNTY, COLORADO
4626. TOWNSHIP 3 NORTH, RANGE 67 WEST
4627. SECTION 6: SE/4
4628.
4629. LEASE NUMBER: CO-050007-S215
4630. LESSOR: ANN SORENSSON
4631. LESSEE: SHEPLER & THOMAS INC
4632. LEASE DATE: 11/29/1984
4633. RECORDED: BOOK PAGE ENTRY STATE COUNTY
4634. ------------------------------------------------------------
4635. COLORADO WELD
4636. DESCRIPTION:
4637. WELD COUNTY, COLORADO
4638. TOWNSHIP 3 NORTH, RANGE 67 WEST
4639. SECTION 6: SE/4
4640.
4641. LEASE NUMBER: CO-050007-S216
4642. LESSOR: EDWIN C POMRANKA
4643. LESSEE: SHEPLER & THOMAS INC
4644. LEASE DATE: 12/16/1983
4645. RECORDED: BOOK PAGE ENTRY STATE COUNTY
4646. ------------------------------------------------------------
4647. COLORADO WELD
4648. DESCRIPTION:
4649. WELD COUNTY, COLORADO
4650. TOWNSHIP 5 NORTH, RANGE 67 WEST
4651. SECTION 10: SE/4NE/4
4652.
4653. LEASE NUMBER: CO-050007-S217
4654. LESSOR: MILDRED WARREN
4655. LESSEE: SHEPLER & THOMAS INC
4656. LEASE DATE: 12/16/1983
4657. RECORDED: BOOK PAGE ENTRY STATE COUNTY
4658. ------------------------------------------------------------
4659. COLORADO WELD
4660. DESCRIPTION:
4661. WELD COUNTY, COLORADO
4662. TOWNSHIP 5 NORTH, RANGE 67 WEST
4663. SECTION 10: SE/4NE/4
4664.
4665. LEASE NUMBER: CO-050007-S218
4666. LESSOR: CARRIE R MCNATT
4667. LESSEE: SHEPLER & THOMAS INC
4668. LEASE DATE: 12/16/1983
4669. RECORDED: BOOK PAGE ENTRY STATE COUNTY
4670. ------------------------------------------------------------
4671. COLORADO WELD
4672. DESCRIPTION:
4673. WELD COUNTY, COLORADO
4674. TOWNSHIP 5 NORTH, RANGE 67 WEST
4675. SECTION 10: SE/4NE/4
4676.
4677. LEASE NUMBER: CO-050007-S219
4678. LESSOR: LAKE FARM, A GENERAL PARTNERSHIP
4679. LESSEE: SHEPLER & THOMAS INC
4680. LEASE DATE: 11/09/1984
4681. RECORDED: BOOK PAGE ENTRY STATE COUNTY
4682. ------------------------------------------------------------
4683. COLORADO WELD
4684. DESCRIPTION:
4685. WELD COUNTY, COLORADO
4686. TOWNSHIP 4 NORTH, RANGE 67 WEST
4687. SECTION 30: S/2NW/4; SW/4; W/2SE/4; SE/4SE/4
4688. SECTION 31: W/2NW/4
4689.
4690. LEASE NUMBER: CO-050007-S220
4691. LESSOR: JOHN KIELIAN; SHARON L. KIELIAN
4692. LESSEE: SHEPLER & THOMAS INC
4693. LEASE DATE: 10/01/1986
4694. RECORDED: BOOK PAGE ENTRY STATE COUNTY
4695. ------------------------------------------------------------
4696. COLORADO WELD
4697. DESCRIPTION:
4698. WELD COUNTY, COLORADO
4699. TOWNSHIP 4 NORTH, RANGE 67 WEST
4700. SECTION 2: E/2SE/4
4701.
4702. LEASE NUMBER: CO-050007-S221
4703. LESSOR: EDWARD J KINZER; MARJORIE A KINZER
4704. LESSEE: SOUTHWESTERN PRODUCTION CORPORATION
4705. LEASE DATE: 09/04/2001
4706. RECORDED: BOOK PAGE ENTRY STATE COUNTY
4707. ------------------------------------------------------------
4708. COLORADO WELD
4709. DESCRIPTION:
4710. WELD COUNTY, COLORADO
4711. TOWNSHIP 5 NORTH, RANGE 67 WEST
4712. SECTION 28: SW/4SW/4
4713.
4714. LEASE NUMBER: CO-050009-S001
4715. LESSOR: LARRY LAUNE
4716. LESSEE: K N FRONT RANGE GATHERING COMPANY
4717. LEASE DATE: 01/20/1995
4718. RECORDED: BOOK PAGE ENTRY STATE COUNTY
4719. ------------------------------------------------------------
4720. 1480 37 2426492 COLORADO WELD
4721. DESCRIPTION:
4722. WELD COUNTY, COLORADO
4723. TOWNSHIP 5 NORTH, RANGE 68 WEST
4724. SECTION 25: SE/4SE/4SE/4
|
Attached to and made a part of that Purchase and Sale Agreement dated effective October 1, 2006 between |
||||||
|
EXCO Resources, Inc., as Seller and Petroleum Development Corporation as Buyer |
||||||
|
FILE # |
CONTRACT TYPE |
RELATED PROPERTIES |
CONTRACT DATE |
EFF DATE |
ST |
COUNTY |
|
050007-DOU01 |
DESIGNATION OF UNIT |
ALLEN 1 |
2/1/2002 |
11/1/2001 |
CO |
WELD |
|
050007-DOU02 |
DESIGNATION OF UNIT |
BOUGE 1 |
4/14/2003 |
4/14/2003 |
CO |
WELD |
|
BRINDL 1 |
||||||
|
050007-DOU03 |
DESIGNATION OF UNIT |
KIELIAN 2-1 & 2-2 |
2/9/1987 |
2/9/1987 |
CO |
WELD |
|
050007-DOU04 |
DESIGNATION OF UNIT |
BRYCE 1 |
10/30/2001 |
10/30/2001 |
CO |
WELD |
|
050007-DOU05 |
DESIGNATION OF UNIT |
JENNIFER 1 |
5/2/2002 |
12/14/2001 |
CO |
WELD |
|
050007-DOU06 |
DESIGNATION OF UNIT |
JOHNNY 1 |
5/2/2002 |
12/16/2001 |
CO |
WELD |
|
050007-DOU07 |
DESIGNATION OF UNIT |
KALEB 1 |
12/14/2001 |
10/1/2001 |
CO |
WELD |
|
050007-DOU08 |
DESIGNATION OF UNIT |
KRISTEN 1 |
5/2/2002 |
12/16/2001 |
CO |
WELD |
|
050007-DOU09 |
DESIGNATION OF UNIT |
LUCAS 1 |
2/1/2002 |
7/12/2001 |
CO |
WELD |
|
P&H 22-42 |
||||||
|
050007-DOU10 |
DESIGNATION OF UNIT |
SARAH 1 |
5/2/2002 |
12/14/2001 |
CO |
WELD |
|
050007-DOU11 |
DESIGNATION OF UNIT |
TROY 1 |
2/1/2002 |
7/31/2001 |
CO |
WELD |
|
050007-DOU12 |
DESIGNATION OF UNIT |
DIC AMATO 42-32 |
5/25/1985 |
5/25/1985 |
CO |
WELD |
|
050007-DOU13 |
DESIGNATION OF UNIT |
BROWN 1-23 |
9/27/1985 |
9/27/1985 |
CO |
WELD |
|
050007-DOU14 |
DESIGNATION OF UNIT |
XXXX 1 |
11/6/1985 |
11/6/1985 |
CO |
WELD |
|
050007-DOU15 |
DESIGNATION OF UNIT |
XXXXXXX-XXXXXXX 18-1 |
8/25/1983 |
8/25/1983 |
CO |
WELD |
|
050007-DOU16 |
DESIGNATION OF UNIT |
OSTER 10-1 |
6/19/1987 |
6/19/1987 |
CO |
WELD |
|
OSTER 10-2 |
||||||
|
050007-DOU17 |
DESIGNATION OF UNIT |
XXXXX 32-18 |
4/28/1986 |
4/28/1986 |
CO |
WELD |
|
050007-DOU18 |
DESIGNATION OF UNIT |
XXXXX-XXXXXXX 30-5 |
10/15/1985 |
10/15/1985 |
CO |
WELD |
|
050007-DOU19 |
DESIGNATION OF UNIT |
XXXXXXX 31-1 |
8/1/1985 |
8/1/1985 |
CO |
WELD |
|
XXXXXXX 30-2 & 30-3 |
||||||
|
050007-DOU20 |
DESIGNATION OF UNIT |
XXXXXXX 30-4 |
10/15/1985 |
10/15/1985 |
CO |
WELD |
|
050007-DOU21 |
DESIGNATION OF UNIT |
MESHA 1 |
5/2/2002 |
5/2/2002 |
CO |
WELD |
|
050007-DOU22 |
DESIGNATION OF UNIT |
XXXXX 12-33 |
1/1/1987 |
1/1/1987 |
CO |
WELD |
|
XXXXX 00-00 |
||||||
|
XXXXX 00-00 |
||||||
|
000000-XXX00 |
DESIGNATION OF UNIT |
COMING 17-1 & 17-2 |
1/25/1985 |
1/25/1985 |
CO |
WELD |
|
050007-DOU24 |
DESIGNATION OF UNIT |
COMING 17-3 |
1/25/1985 |
1/25/1985 |
CO |
WELD |
|
050007-DOU25 |
DESIGNATION OF UNIT |
XXXXXXX 18-2 |
8/5/1985 |
8/5/1985 |
CO |
WELD |
|
050007-DOU26 |
DESIGNATION OF UNIT |
XXXXXXX 31-1 |
8/5/1985 |
8/5/1985 |
CO |
WELD |
|
050007-DOU27 |
DESIGNATION OF UNIT |
MELLON 28-1 |
8/17/1984 |
8/17/1984 |
CO |
WELD |
|
050007-DOU28 |
DESIGNATION OF UNIT |
MELLON 28-2 |
8/17/1984 |
8/17/1984 |
CO |
WELD |
|
050007-DOU29 |
DESIGNATION OF UNIT |
EVERY-XXXXXX 18-1 |
11/21/1984 |
11/21/1984 |
CO |
WELD |
|
050007-DOU30 |
DESIGNATION OF UNIT |
XXXXX XXXXX 20-1 COD/NIOB |
10/15/1985 |
10/15/1985 |
CO |
WELD |
|
050007-DOU31 |
DESIGNATION OF UNIT |
XXXXXX-XXXXXX 34-1 |
8/17/1984 |
8/17/1984 |
CO |
WELD |
|
XXXXXX-XXXXXX 34-11 |
||||||
|
050007-DOU32 |
DESIGNATION OF UNIT |
XXXX 1 |
2/1/2002 |
7/31/2001 |
CO |
WELD |
|
050007-FIA1 |
FARM IN |
XXXXXX 1 |
5/2/1983 |
5/2/1983 |
CO |
WELD |
|
050007-FIA2 |
FARM IN |
OSTER 10-1 |
12/30/1986 |
12/30/1986 |
CO |
WELD |
|
OSTER 10-2 |
||||||
|
050007-FIA3 |
FARM IN |
XXXXXXXX 28-1 & 28-2 |
8/27/1984 |
8/27/1984 |
CO |
WELD |
|
050007-FIA4 |
FARM IN |
XXXXXX 28-1 COD |
5/16/1983 |
5/16/1983 |
CO |
WELD |
|
XXXXXX 28-1 J |
||||||
|
XXXXXX 00-0 |
||||||
|
XXXXXX 00-0 |
||||||
|
XXXXXX 00-0 |
||||||
|
XXXXXX 00-0 |
||||||
|
XXXXXX 28-4 |
||||||
|
XXXXXX 32-1 |
||||||
|
050007-FIA5 |
FARM IN |
MELLON 28-1 |
8/1/1982 |
8/1/1982 |
CO |
WELD |
|
MELLON 00-0 |
||||||
|
XXXXXX 00-0 |
||||||
|
XXXXXX 00-0 |
||||||
|
000000-XXX0 |
FARM IN |
XXXXX 34-33 |
12/6/1985 |
12/6/1985 |
CO |
WELD |
|
050007-FIA7 |
FARM IN |
XXXXX 34-33 |
6/14/1983 |
6/14/1983 |
CO |
WELD |
|
050007-FIA8 |
FARM IN |
XXXXXX 32-1 |
3/22/1984 |
3/22/1984 |
CO |
WELD |
|
050007-JOA01 |
XXXXX 1 |
10/1/2001 |
10/1/2001 |
CO |
WELD |
|
|
050007-JOA02 |
XXXXXXXX 1 |
11/1/2002 |
11/1/2002 |
CO |
WELD |
|
|
050007-JOA03 |
XXXXXX 1 |
11/1/2001 |
11/1/2001 |
CO |
WELD |
|
|
050007-JOA04 |
XXXXXX 1 |
6/22/1983 |
6/22/1983 |
CO |
WELD |
|
|
050007-JOA05 |
XXXXXX 32-1 |
6/1/1983 |
6/1/1983 |
CO |
WELD |
|
|
050007-JOA06 |
MELLON 28-3 |
6/15/1984 |
6/15/1984 |
CO |
WELD |
|
|
050007-JOA07 |
XXXXXXXX-FOE 10-1 |
10/1/1983 |
10/1/1983 |
CO |
WELD |
|
|
050007-JOA08 |
PARISH 32-2 |
6/1/1985 |
6/1/1985 |
CO |
WELD |
|
|
050007-JOA09 |
HONDO 1 |
6/15/1984 |
6/15/1984 |
CO |
WELD |
|
|
XXXXXXXX-FOE 00-0 |
||||||
|
XXXXXXXX-XXX 00-0 |
||||||
|
XXXXXXXX-XXX 00-0 |
||||||
|
000000-XXX00 |
XXXXXXXX FARMS #1-A |
12/10/1990 |
12/10/1990 |
CO |
XXXXX |
|
|
XXXXX LAKE F UT #1 |
||||||
|
050007-JOA11 |
JOINT OPERATING AGREEMENT |
XXXXXXX-XXXXXXX 18-1 |
12/1/1983 |
12/1/1983 |
CO |
WELD |
|
050007-JOA12 |
JOINT OPERATING AGREEMENT |
XXXXX 12-33 |
1/1/1987 |
1/1/1987 |
CO |
WELD |
|
050007-JOA13 |
JOINT OPERATING AGREEMENT |
XXXXX 32-18 |
5/15/1984 |
5/15/1984 |
CO |
WELD |
|
050007-JOA14 |
JOINT OPERATING AGREEMENT |
XXXXXXXX 21-1 |
10/14/1983 |
10/14/1983 |
CO |
WELD |
|
XXXXXXXX 21-2 |
||||||
|
050007-JOA15 |
JOINT OPERATING AGREEMENT |
XXXXXX 28-1 COD |
7/1/1983 |
7/1/1983 |
CO |
WELD |
|
050007-JOA16 |
JOINT OPERATING AGREEMENT |
XXXXXXXXX 7-1 |
5/14/1985 |
5/14/1985 |
CO |
WELD |
|
XXXXXXXXX 7-2 |
||||||
|
XXXXXXX 28-1 |
||||||
|
XXXXXXX 28-2 |
||||||
|
XXXXXXX 28-5 |
||||||
|
XXXXXXX 28-8 |
||||||
|
XXXXX 10-1 |
||||||
|
XXXXX 10-2 |
||||||
|
XXXXX 10-3 |
||||||
|
XXXXX 31-28 |
||||||
|
XXXXX 10-1 |
||||||
|
XXXXX 10-2 |
||||||
|
XXXXX 10-3 |
||||||
|
XXXXXXX 28-3 & 28-4 |
||||||
|
XXXXXXX 28-6 & 28-7 |
||||||
|
050007-JOA17 |
JOINT OPERATING AGREEMENT |
XXXXX 34-33 |
11/11/1985 |
11/11/1985 |
CO |
WELD |
|
050007-JOA18 |
JOINT OPERATING AGREEMENT |
XXXXX 1 |
1/1/1987 |
1/1/1987 |
CO |
WELD |
|
050007-JOA19 |
JOINT OPERATING AGREEMENT |
XXXXX 34-33 |
6/10/1983 |
6/10/1983 |
CO |
WELD |
|
050007-JOA20 |
JOINT OPERATING AGREEMENT |
XXXXXXXX-FOE 10-4 |
11/15/1984 |
11/15/1984 |
CO |
WELD |
|
050007-JOA21 |
JOINT OPERATING AGREEMENT |
XXXXX 23-33 |
1/1/1987 |
1/1/1987 |
CO |
WELD |
|
050007-JOA22 |
JOINT OPERATING AGREEMENT |
XXXXXX 10-1 |
12/6/1983 |
12/6/1983 |
CO |
WELD |
|
050007-JOA23 |
JOINT OPERATING AGREEMENT |
XXXXXXXX-FOE 10-3 |
11/1/1984 |
11/1/1984 |
CO |
WELD |
|
050007-JOA24 |
JOINT OPERATING AGREEMENT |
XXXXXXXX-FOE 10-2 |
6/18/1984 |
6/18/1984 |
CO |
WELD |
|
050007-JOA25 |
JOINT OPERATING AGREEMENT |
XXXXXX 32-1 |
7/5/1984 |
7/5/1984 |
CO |
WELD |
|
050007-JOA26 |
JOINT OPERATING AGREEMENT |
MELLON 28-1 |
4/1/1983 |
4/1/1983 |
CO |
WELD |
|
050007-JOA27 |
JOINT OPERATING AGREEMENT |
XXXXXXXX 34-1 |
2/25/1983 |
2/25/1983 |
CO |
WELD |
|
050007-JOA28 |
JOINT OPERATING AGREEMENT |
XXXXXXXX 21-1 |
12/2/1983 |
12/2/1983 |
CO |
WELD |
|
050007-JOA29 |
JOINT OPERATING AGREEMENT |
XXXXXXXX 21-2 |
12/4/1983 |
12/4/1983 |
CO |
WELD |
|
050007-JOA30 |
JOINT OPERATING AGREEMENT |
XXXXX 20-1 |
8/1/1984 |
8/1/1984 |
CO |
WELD |
|
CYPRUS 1 |
||||||
|
050007-JOA31 |
JOINT OPERATING AGREEMENT |
XXXXXXX 30-1 |
11/1/1984 |
11/1/1984 |
CO |
WELD |
|
XXXXXXX 30-4 |
||||||
|
050007-JOA32 |
JOINT OPERATING AGREEMENT |
MELLON 28-2 |
12/15/1983 |
12/15/1983 |
CO |
WELD |
|
050007-JOA33 |
JOINT OPERATING AGREEMENT |
XXXXX 10-1 |
9/16/1985 |
9/16/1985 |
CO |
WELD |
|
XXXXX 10-3 |
||||||
|
050007-JOA34 |
JOINT OPERATING AGREEMENT |
EVERY-XXXXXX 18-1 |
9/10/1984 |
9/10/1984 |
CO |
WELD |
|
050007-JOA35 |
JOINT OPERATING AGREEMENT |
XXXXX 20-2 |
5/15/1985 |
5/15/1985 |
CO |
WELD |
|
XXXXX 00-0 |
||||||
|
XXXXXXX 00-0 |
||||||
|
000000-XXX00 |
JOINT OPERATING AGREEMENT |
XXXXXXX 18-1 |
12/3/1984 |
12/3/1984 |
CO |
WELD |
|
050007-JOA37 |
JOINT OPERATING AGREEMENT |
COMING 17-1 & 17-2 |
9/10/1984 |
9/10/1984 |
CO |
WELD |
|
050007-JOA38 |
JOINT OPERATING AGREEMENT |
XXXXX XXXXX 20-1 COD/NIOB |
4/15/1985 |
4/15/1985 |
CO |
WELD |
|
XXXXX XXXXX 20-1 J SAND |
||||||
|
050007-JOA39 |
JOINT OPERATING AGREEMENT |
XXXXXX-XXXXXX 34-1 |
11/1/1983 |
11/1/1983 |
CO |
WELD |
|
XXXXXX-XXXXXX 34-11 |
||||||
|
050007-JOA40 |
JOINT OPERATING AGREEMENT |
XXXXXXX 2-1 & 2-2 |
11/10/1986 |
11/10/1986 |
CO |
WELD |
|
050007-JOA41 |
JOINT OPERATING AGREEMENT |
XXXXXXX #1-15 |
8/31/1992 |
8/31/1992 |
CO |
BROOMFIELD |
|
050007-JOA42 |
JOINT OPERATING AGREEMENT |
ENZUP 21-41 |
9/1/2000 |
9/1/2000 |
CO |
WELD |
|
050007-JOA43 |
JOINT OPERATING AGREEMENT |
XXXX E UNIT 1 |
10/1/1985 |
10/1/1985 |
CO |
WELD |
|
050009-JOA01 |
JOINT OPERATING AGREEMENT |
LAUNE 44-25 |
11/11/1985 |
11/11/1985 |
CO |
LARIMER |
Exhibit D
SURFACE USE AGREEMENTS1
Attached to and made a part of that Purchase and Sale Agreement dated effective October 1, 2006 between EXCO Resources, Inc., as Seller and Petroleum Development Corporation, as Buyer
4725.
4726.
4727. LEASE NUMBER: CO-050007-S153
4728. LESSOR: XXXXXX X XXXXX
4729. LESSEE: ROCK OIL CORPORATION
4730. LEASE DATE: 03/19/1986
4731. RECORDED: BOOK PAGE ENTRY STATE COUNTY
4732. ------------------------------------------------------------
4733. COLORADO WELD
4734. DESCRIPTION:
4735. WELD COUNTY, COLORADO
4736. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX
0000. SECTION 23: SE/4SE/4
4738.
4739. LEASE NUMBER: CO-050007-S154
4740. LESSOR: XXXXXXXX FARM ASSOCIATES
4741. LESSEE: SOVEREIGN OIL COMPANY AND CORAL GULF EXPLORATION
4742. LEASE DATE: 09/01/1984
4743. RECORDED: BOOK PAGE ENTRY STATE COUNTY
4744. ------------------------------------------------------------
4745. COLORADO WELD
4746. DESCRIPTION:
4747. WELD COUNTY, COLORADO
4748. TOWNSHIP 5 NORTH, RANGE 67 WEST,
4749. SECTION 33: S/2 NW/4; W/2 SE/4 AND ALL OF THE SW/4, EXCEPT
4750. THAT PART LYING SOUTH AND WEST OF THE RAILROAD (XXXXX
4751. XXXXX)
4752.
4753. LEASE NUMBER: CO-050007-S159
4754. LESSOR: XXXXX XXXXXXXXX; XXXXXXX XXXXXXXXX; XXXXXX XXXXXXXXX;
4755. XXXXXX XXXXXXXXX
4756. LESSEE: SOUTHWESTERN PRODUCTION CORPORATION
4757. LEASE DATE: 05/11/2001
4758. RECORDED: BOOK PAGE ENTRY STATE COUNTY
4759. ------------------------------------------------------------
4760. COLORADO WELD
4761. DESCRIPTION:
4762. WELD COUNTY, COLORADO
4763. TOWNSHIP 4 NORTH, RANGE 67 WEST
4764. SECTION 13: SE/4
4765.
4766. LEASE NUMBER: CO-050007-S160
4767. LESSOR: XXXXX XXXXXXXXX; XXXXXXX XXXXXXXXX; XXXXXX XXXXXXXXX;
4768. XXXXXX XXXXXXXXX
4769. LESSEE: SOUTHWESTERN PRODUCTION CORPORATION
4770. LEASE DATE: 10/16/2001
4771. RECORDED: BOOK PAGE ENTRY STATE COUNTY
4772. ------------------------------------------------------------
4773. COLORADO WELD
4774. DESCRIPTION:
4775. WELD COUNTY, COLORADO
4776. TOWNSHIP 4 NORTH, RANGE 67 WEST
4777. SECTION 13: SE/4
4778.
4779. LEASE NUMBER: CO-050007-S161
4780. LESSOR: XXXXXX XXXXX
4781. LESSEE: SOUTHWESTERN PRODUCTION CORPORATION
4782. LEASE DATE: 05/11/2001
4783. RECORDED: BOOK PAGE ENTRY STATE COUNTY
4784. ------------------------------------------------------------
4785. COLORADO WELD
4786. DESCRIPTION:
4787. WELD COUNTY, COLORADO
4788. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX
0000. SECTION 13: SE/4SW/4
4790.
4791. LEASE NUMBER: CO-050007-S162
4792. LESSOR: XXXXXXX XXXX; XXXXXXX XXXX
4793. LESSEE: SOUTHWESTERN PRODUCTION CORPORATION
4794. LEASE DATE: 03/12/2001
4795. RECORDED: BOOK PAGE ENTRY STATE COUNTY
4796. ------------------------------------------------------------
4797. COLORADO WELD
4798. DESCRIPTION:
4799. WELD COUNTY, COLORADO
4800. TOWNSHIP 4 NORTH, RANGE 66 WEST
4801. SECTION 31: SE/4
4802.
4803. LEASE NUMBER: CO-050007-S163
4804. LESSOR: XXXXX FARMS INC
4805. LESSEE: SOUTHWESTERN PRODUCTION CORPORATION
4806. LEASE DATE: 09/20/2000
4807. RECORDED: BOOK PAGE ENTRY STATE COUNTY
4808. ------------------------------------------------------------
4809. COLORADO WELD
4810. DESCRIPTION:
4811. WELD COUNTY, COLORADO
4812. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX, 0XX X.X.
0000. SECTION 11: SE/4SE/4
4814. SECTION 14: NE/4NE/4
4815.
4816. LEASE NUMBER: CO-050007-S164
4817. LESSOR: XXXXX XXXXXXXXX; XXXXXXX XXXXXXXXX; XXXXXX XXXXXXXXX;
4818. XXXXXX XXXXXXXXX
4819. LESSEE: SOUTHWESTERN PRODUCTION CORPORATION
4820. LEASE DATE: 05/11/2001
4821. RECORDED: BOOK PAGE ENTRY STATE COUNTY
4822. ------------------------------------------------------------
4823. COLORADO WELD
4824. DESCRIPTION:
4825. WELD COUNTY, COLORADO
4826. TOWNSHIP 4 NORTH, RANGE 67 WEST
4827. SECTION 13: SE/4
4828.
4829. LEASE NUMBER: CO-050007-S165
4830. LESSOR: XXXXXXX X XXXXX AND XXXXXX XXXX XXXXXXX AND XXXXX XXXXXXX
4831. XXXXX ALL D/B/A XXXXXX VIEW ENTERPRISES
4832. LESSEE: SOUTHWESTERN PRODUCTION CORPORATION
4833. LEASE DATE: 07/06/2001
4834. RECORDED: BOOK PAGE ENTRY STATE COUNTY
4835. ------------------------------------------------------------
4836. COLORADO WELD
4837. DESCRIPTION:
4838. WELD COUNTY, COLORADO
4839. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX
0000. SECTION 20: NW/4
4841.
4842. LEASE NUMBER: CO-050007-S166
4843. LESSOR: XXXXXX XXXXXXXX; XXXXXX XXXXXXXX
4844. LESSEE: SOUTHWESTERN PRODUCTION CORPORATION
4845. LEASE DATE: 04/03/2001
4846. RECORDED: BOOK PAGE ENTRY STATE COUNTY
4847. ------------------------------------------------------------
4848. COLORADO WELD
4849. DESCRIPTION:
4850. WELD COUNTY, COLORADO
4851. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX
0000. SECTION 29: E/2NW/4
4853.
4854. LEASE NUMBER: CO-050007-S167
4855. LESSOR: THE XXXXX X XXXXXXXX TRUST
4856. LESSEE: SOUTHWESTERN PRODUCTION CORPORATION
4857. LEASE DATE: 07/02/2001
4858. RECORDED: BOOK PAGE ENTRY STATE COUNTY
4859. ------------------------------------------------------------
4860. COLORADO WELD
4861. DESCRIPTION:
4862. WELD COUNTY, COLORADO
4863. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX
0000. SECTION 28: SE/4NE/4
4865.
4866. LEASE NUMBER: CO-050007-S168
4867. LESSOR: XXXXXX X XXXXX
4868. LESSEE: SOUTHWESTERN PRODUCTION CORPORATION
4869. LEASE DATE: 10/23/2000
4870. RECORDED: BOOK PAGE ENTRY STATE COUNTY
4871. ------------------------------------------------------------
4872. COLORADO WELD
4873. DESCRIPTION:
4874. WELD COUNTY, COLORADO
4875. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX, 0XX X.X.
0000. SECTION 24: SW/4NW/4
4877.
4878. LEASE NUMBER: CO-050007-S169
4879. LESSOR: XXXXX XXXXXXXXX; XXXXXXX XXXXXXXXX; XXXXXX XXXXXXXXX;
4880. XXXXXX XXXXXXXXX
4881. LESSEE: SOUTHWESTERN PRODUCTION CORPORATION
4882. LEASE DATE: 10/29/2001
4883. RECORDED: BOOK PAGE ENTRY STATE COUNTY
4884. ------------------------------------------------------------
4885. COLORADO WELD
4886. DESCRIPTION:
4887. WELD COUNTY, COLORADO
4888. TOWNSHIP 4 NORTH, RANGE 67 WEST
4889. SECTION 24: NE/4
4890.
4891. LEASE NUMBER: CO-050007-S170
4892. LESSOR: XXXXX XXXXXXXXX; XXXXXXX XXXXXXXXX; XXXXXX XXXXXXXXX;
4893. XXXXXX XXXXXXXXX
4894. LESSEE: SOUTHWESTERN PRODUCTION CORPORATION
4895. LEASE DATE: 10/29/2001
4896. RECORDED: BOOK PAGE ENTRY STATE COUNTY
4897. ------------------------------------------------------------
4898. COLORADO WELD
4899. DESCRIPTION:
4900. WELD COUNTY, COLORADO
4901. TOWNSHIP 4 NORTH, RANGE 67 WEST
4902. SECTION 24: NE/4
4903.
4904. LEASE NUMBER: CO-050007-S171
4905. LESSOR: XXXXXXX X XXXXXXX XX
4906. LESSEE: SOUTHWESTERN PRODUCTION CORPORATION
4907. LEASE DATE: 06/19/2001
4908. RECORDED: BOOK PAGE ENTRY STATE COUNTY
4909. ------------------------------------------------------------
4910. COLORADO WELD
4911. DESCRIPTION:
4912. WELD COUNTY, COLORADO
4913. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX
0000. SECTION 22: NE/4NW/4
4915.
4916. LEASE NUMBER: CO-050007-S172
4917. LESSOR: XXXXXXX X XXXXXXX XX
4918. LESSEE: SOUTHWESTERN PRODUCTION CORPORATION
4919. LEASE DATE: 06/19/2001
4920. RECORDED: BOOK PAGE ENTRY STATE COUNTY
4921. ------------------------------------------------------------
4922. COLORADO WELD
4923. DESCRIPTION:
4924. WELD COUNTY, COLORADO
4925. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX
0000. SECTION 22: NW/4NW/4
4927.
4928. LEASE NUMBER: CO-050007-S173
4929. LESSOR: XXXXX XXXXXXXXX; XXXXXXX XXXXXXXXX; XXXXXX XXXXXXXXX;
4930. XXXXXX XXXXXXXXX
4931. LESSEE: SOUTHWESTERN PRODUCTION CORPORATION
4932. LEASE DATE: 11/01/2001
4933. RECORDED: BOOK PAGE ENTRY STATE COUNTY
4934. ------------------------------------------------------------
4935. COLORADO WELD
4936. DESCRIPTION:
4937. WELD COUNTY, COLORADO
4938. TOWNSHIP 4 NORTH, RANGE 67 WEST
4939. SECTION 24: NE/4
4940.
4941. LEASE NUMBER: CO-050007-S174
4942. LESSOR: XXX XXXXXXX; XXXX XXXX XXXXXXX
4943. LESSEE: SOUTHWESTERN PRODUCTION CORPORATION
4944. LEASE DATE: 07/17/2001
4945. RECORDED: BOOK PAGE ENTRY STATE COUNTY
4946. ------------------------------------------------------------
4947. COLORADO WELD
4948. DESCRIPTION:
4949. WELD COUNTY, COLORADO
4950. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX
0000. SECTION 30: SW/4NE/4
4952.
4953. LEASE NUMBER: CO-050007-S175
4954. LESSOR: XXXXXX XXXXXXXX
4955. LESSEE: SOUTHWESTERN PRODUCTION CORPORATION
4956. LEASE DATE: 06/05/2001
4957. RECORDED: BOOK PAGE ENTRY STATE COUNTY
4958. ------------------------------------------------------------
4959. COLORADO WELD
4960. DESCRIPTION:
4961. WELD COUNTY, COLORADO
4962. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX
0000. SECTION 22: NE/4NE/4
4964.
4965. LEASE NUMBER: CO-050007-S176
4966. LESSOR: XXXXXX XXXXXXXX; XXXXXX XXXXXXXX
4967. LESSEE: SOUTHWESTERN PRODUCTION CORPORATION
4968. LEASE DATE: 04/03/2001
4969. RECORDED: BOOK PAGE ENTRY STATE COUNTY
4970. ------------------------------------------------------------
4971. COLORADO WELD
4972. DESCRIPTION:
4973. WELD COUNTY, COLORADO
4974. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX
0000. SECTION 29: E/2NW/4
4976.
4977. LEASE NUMBER: CO-050007-S177
4978. LESSOR: XXXXX FARMS INC
4979. LESSEE: SOUTHWESTERN PRODUCTION CORPORATION
4980. LEASE DATE: 08/23/2001
4981. RECORDED: BOOK PAGE ENTRY STATE COUNTY
4982. ------------------------------------------------------------
4983. COLORADO WELD
4984. DESCRIPTION:
4985. WELD COUNTY, COLORADO
4986. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX
0000. SECTION 20: N/2NW/4
4988.
4989. LEASE NUMBER: CO-050007-S178
4990. LESSOR: XXXXX XXXXXXXXX; XXXXXXX XXXXXXXXX; XXXXXX XXXXXXXXX;
4991. XXXXXX XXXXXXXXX
4992. LESSEE: SOUTHWESTERN PRODUCTION CORPORATION
4993. LEASE DATE: 10/16/2001
4994. RECORDED: BOOK PAGE ENTRY STATE COUNTY
4995. ------------------------------------------------------------
4996. COLORADO WELD
4997. DESCRIPTION:
4998. WELD COUNTY, COLORADO
4999. TOWNSHIP 4 NORTH, RANGE 67 WEST
5000. SECTION 13: SE/4
5001.
5002. LEASE NUMBER: CO-050007-S179
5003. LESSOR: THE XXXXXXX R AND XXXXXXX XXXXXX TRUST
5004. LESSEE: SOUTHWESTERN PRODUCTION CORPORATION
5005. LEASE DATE: 09/07/2001
5006. RECORDED: BOOK PAGE ENTRY STATE COUNTY
5007. ------------------------------------------------------------
5008. COLORADO WELD
5009. DESCRIPTION:
5010. WELD COUNTY, COLORADO
5011. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX
0000. SECTION 28: SE/4NW/4
5013.
5014. LEASE NUMBER: CO-050007-S180
5015. LESSOR: THE XXXXX X XXXXXXXX TRUST
5016. LESSEE: SOUTHWESTERN PRODUCTION CORPORATION
5017. LEASE DATE: 07/02/2001
5018. RECORDED: BOOK PAGE ENTRY STATE COUNTY
5019. ------------------------------------------------------------
5020. COLORADO WELD
5021. DESCRIPTION:
5022. WELD COUNTY, COLORADO
5023. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX
0000. SECTION 28: SW/4NE/4
5025.
5026. LEASE NUMBER: CO-050007-S181
5027. LESSOR: XXXXX XXXXXXXXX; XXXXXXX XXXXXXXXX; XXXXXX XXXXXXXXX;
5028. XXXXXX XXXXXXXXX
5029. LESSEE: SOUTHWESTERN PRODUCTION CORPORATION
5030. LEASE DATE: 11/01/2001
5031. RECORDED: BOOK PAGE ENTRY STATE COUNTY
5032. ------------------------------------------------------------
5033. COLORADO WELD
5034. DESCRIPTION:
5035. WELD COUNTY, COLORADO
5036. TOWNSHIP 4 NORTH, RANGE 67 WEST
5037. SECTION 24: NE/4
5038.
5039. LEASE NUMBER: CO-050007-S182
5040. LESSOR: XXXXXXX X XXXXXXX XX
5041. LESSEE: SOUTHWESTERN PRODUCTION CORPORATION
5042. LEASE DATE: 06/05/2001
5043. RECORDED: BOOK PAGE ENTRY STATE COUNTY
5044. ------------------------------------------------------------
5045. COLORADO WELD
5046. DESCRIPTION:
5047. WELD COUNTY, COLORADO
5048. XXXXXXXX 0 XXXXX, XXXXX 00 XXXX
0000. SECTION 22: NW/4NE/4
5050.
5051. * * *
5052.
Footnotes:
1 The following listed "Surface Use Agreements" are also listed among other surface easements and rights-of-way under Exhibit A-2.
EXHIBIT E
Plugging and Abandonment Obligations:
1. K & R Livestock #1 - Scheduled to be plugged and abandoned before 12/31/2006 as part of agreement with surface owner who has agreed to reimburse EXCO for all costs of plugging and abandonment.
2. Xxxxxxxxxx X Xxxx #0 - XxXxxx Xxx & Xxx (XXX) Inc. (Operator) has negotiated sale of lease to surface owner as specified under lease provisions. EXCO is scheduled to receive $66,250 for its interest and pay its proportionate share of cost of plugging and abandonment.
3. X. X. Xxxxx #1 - Temporarily abandoned, but no order from Colorado Oil and Gas Conservation Commission to plug and abandon.
4. X. X. Xxxxx #2 - Temporarily abandoned, but no order from Colorado Oil and Gas Conservation Commission to plug and abandon.
EXHIBIT F
LIST OF AFEs AND INVOICES
AFEs to Drill:
- Merit Energy Company - Meining #5 well - located C NE/4 of Sec. 30-T4N-R66W (unit is NE/4 of Sec. 30) - estimated EXCO WI = 0.2500000, AFE amount (to EXCO) = $45,604 BCP/DH plus $79,389 Complete & Equip.
- Xxxx-XxXxx - Xxxx #27-5 - located N/2 NE/4 Sec. 5-T3N-R66W (unit is S/2 SE/4 of Sec. 32-T4N-R66W & N/2 NE/4 Sec. 5-T3N-R66W), EXCO owns 0.41408924 WI in J Sand only. AFE amount to EXCO is uncertain. This well originally AFE'd to test Codell, Niobrara and J Sand but Merit objected to cost allocation and there is continuing discussion between K-M and Merit over allocation of cost of well between interest owners in different strata.
- EnCana Oil & Gas (USA) Inc. - Mantle #4-2-28 well - located I W/2 NE/4 Sec. 28-T4N-R65W (unit is W/2 NE/4 and E/2 NW/4 of Sec. 28-T4N-R65W), estimated EXCO WI = 0.250000 in Codell only, AFE amount to EXCO = $50,825 (note this was scheduled to test Codell, Niobrara & J Sand, and the formula for participation was never agreed upon).
Intentions to Drill (EXCO has received the "20 day" Notice to object to the proposed unit but no AFE has been submitted):
- Xxxx-XxXxx Oil & Gas Onshore XX - Xxxxxxx #22-31 well - located C W/2 Sec. 31-T4N-R67W (Unit is S/2 NW/4 and N/2 SW/4 of Sec. 31) - estimated EXCO WI = 0.250000.
- Merit Energy Company - Xxxxxxxx #29-29 well - located in NW/4 SW/4 of Sec. 29-T4N-R66W (Unit is S/2 NW/4 and N/2 SW/4 of Sec. 29) - estimated EXCO WI = 0.250000.
- Merit Energy Company - XxXxxx #7 well - located SW/4 NE/4 of Sec. 29-T4N-R66W (Unit is E/2 NW/4 and W/2 NE/4 of Sec. 29) - estimated EXCO WI = 0.250000.
EXHIBIT G
ASSIGNMENT, XXXX OF SALE AND CONVEYANCE
This Assignment, Xxxx of Sale and Conveyance ("Assignment"), dated effective October 1, 2006, at 7:00 a.m. Mountain Time (the "Effective Time") is from EXCO Resources, Inc., a Texas corporation, 00000 Xxxxx Xxxxx, Xxxxx 0000, Xxxxxx, Xxxxx 00000 ("Assignor") to Petroleum Development Corporation, a Nevada corporation, 000 Xxxx Xxxx Xxxxxx, Xxxxxxxxxx, Xxxx Xxxxxxxx 00000 ("Assignee").
For $100.00 and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Assignor hereby sells, assigns, transfers, grants, bargains and conveys to Assignee all of Assignor's right, title and interest in and to the following real and personal property interests (collectively, the "Assets"):
I. a. The oil, gas and/or mineral leases and fee mineral interests specifically described in Exhibit A (the "Leases"), including without limitation all leasehold estates and interests, all royalty, overriding royalty, production payment, reversionary, net profit, contractual working interests and other similar rights and estates therein, the lands described in Exhibit A-1 (the "Lands") and the oil, gas and other hydrocarbons ("Hydrocarbons") attributable to the Leases or Lands, including all rights in any pooled, unitized or communitized acreage by virtue of the Lands or Leases being a part thereof and all Hydrocarbons produced from the pool or unit allocated to any such Lands or Leases;
J. b. The xxxxx specifically described in Exhibit B (the "Xxxxx"), together with all other oil and gas xxxxx and all water, injection and disposal xxxxx on the Lands or on lands pooled, communitized or unitized therewith, and all personal property, equipment, fixtures, improvements, permits, water discharge permits, rights-of-way and easements (including without limitation the rights of-way and easements described on Exhibit A-2) located on the Lands or used in connection with the production, gathering, treatment, processing, storing, transportation, sale or disposal of Hydrocarbons or water produced from the properties and interests described in Paragraph a.;
K. c. The unitization, pooling and communitization agreements, declarations and orders, and the units created thereby, all operating agreements and unit operating agreements and all other such agreements relating to the properties and interests described in Paragraphs a. and b. and to the production of Hydrocarbons, if any, attributable to said properties and interests;
L. d. All existing and effective sales, purchase, exchange, gathering and service agreements and other contracts, agreements and instruments which relate, and only insofar as they relate, to the properties and interests described in Paragraphs a. through c.; and
M. e. All original files, records and data, including without limitation lease and well files, abstracts, title reports, memoranda and opinions, relating to the items described in Paragraphs a. through d. maintained by Assignor, but excluding (i) Assignor's company files, financial records, and tax related records to the extent not relevant to the Assets, and (ii) records and data to the extent transfer thereof is prohibited by unaffiliated third party contractual restrictions on transfer (the "Records").
TO HAVE AND TO HOLD the Assets unto Assignee and its successors and assigns forever.
This Assignment is made subject to the following terms and conditions:
1. This Assignment is being made pursuant to the terms of the Purchase and Sale Agreement dated effective October 1, 2006, between Assignor and Assignee (the "Agreement"). All capitalized terms used but not defined herein shall have the meanings given them in the Agreement. If there is a conflict between the terms of this Assignment and the terms of the Agreement, the terms of the Agreement shall control to the extent of the conflict. Assignor and Assignee intend that the terms of the Agreement remain separate and distinct from and not merge into the terms of this Assignment.
2. ASSIGNOR WARRANTS TITLE TO THE ASSETS FROM AND AGAINST ALL PERSONS CLAIMING BY, THROUGH AND UNDER ASSIGNOR, BUT NOT OTHERWISE, AND EXCEPT FOR THAT WARRANTY, THIS ASSIGNMENT IS MADE WITHOUT WARRANTY OF ANY KIND, EXPRESS, IMPLIED OR STATUTORY.
3. ASSIGNOR EXPRESSLY DISCLAIMS AND NEGATES ANY WARRANTY AS TO THE CONDITION OF ANY PERSONAL PROPERTY, EQUIPMENT, FIXTURES AND ITEMS OF MOVABLE PROPERTY COMPRISING ANY PART OF THE ASSETS, INCLUDING (i) ANY IMPLIED OR EXPRESS WARRANTY OF MERCHANTABILITY, (ii) ANY IMPLIED OR EXPRESS WARRANTY OF FITNESS FOR A PARTICULAR PURPOSE, (iii) ANY IMPLIED OR EXPRESS WARRANTY OF CONFORMITY TO MODELS OR SAMPLES OF MATERIALS, (iv) ANY RIGHTS OF ASSIGNEE UNDER APPLICABLE STATUTES TO CLAIM DIMINUTION OF CONSIDERATION, AND (v) ANY CLAIM BY ASSIGNEE FOR DAMAGES BECAUSE OF DEFECTS, WHETHER KNOWN OR UNKNOWN, IT BEING EXPRESSLY UNDERSTOOD BY ASSIGNEE THAT SAID PERSONAL PROPERTY, FIXTURES, EQUIPMENT AND ITEMS ARE BEING CONVEYED TO ASSIGNEE "AS IS, WHERE IS," WITH ALL FAULTS AND IN THEIR PRESENT CONDITION AND STATE OF REPAIR; PROVIDED, HOWEVER, THAT NOTHING CONTAINED IN THIS ASSIGNMENT SHALL LIMIT ANY OF ASSIGNOR'S INDEMNITY OBLIGATIONS UNDER THE AGREEMENT.
4. To the extent permitted by law, Assignee shall be subrogated to Assignor's rights in and to representations, warranties and covenants given with respect to the Assets. Assignor hereby grants and transfers to Assignee, its successors and assigns, to the extent so transferable and permitted by law, the benefit of and the right to enforce the covenants, representations and warranties, if any, which Assignor is entitled to enforce with respect to the Assets, but only to the extent not enforced by Assignor.
5. Assignee assumes and agrees to pay, perform, fulfill and discharge its proportionate share of all claims, costs, expenses, liabilities and obligations accruing or relating to the owning, developing, exploring, operating or maintaining of the Assets after the Effective Time, and all obligations arising under agreements covering or relating to the Assets, all as more particularly set forth in the Agreement. Assignor and Assignee have apportioned other liabilities and obligations in the Agreement.
6. The references herein to liens, encumbrances, burdens, defects and other matters shall not be deemed to ratify or create any rights in third parties or merge with, modify or limit the rights of Assignor or Assignee, as between themselves, as set forth in the Agreement or other documents executed in connection therewith.
7. Assignor and Assignee may execute separate governmental form assignments of the Assets on officially approved forms, in sufficient counterparts to satisfy applicable statutory and regulatory requirements. Those assignments shall be deemed to contain all of the exceptions, reservations, warranties, rights, titles, power and privileges set forth herein as fully as though they were set forth in each such assignment. The interests conveyed by such separate assignments are the same, and not in addition to, the Assets conveyed herein.
8. Assignor shall execute, acknowledge and deliver or cause to be executed, acknowledged and delivered such instruments and take such other action as may be reasonably necessary or advisable to carry out the purposes and intents of this Assignment.
9. This Assignment binds and inures to the benefit of Assignor and Assignee and their respective successors and assigns.
10. This Assignment may be executed in any number of counterparts, each of which shall be deemed an original and all of which taken together shall constitute but one and the same instrument.
EXECUTED on the dates contained in the acknowledgments of this Assignment, to be effective for all purposes as of the Effective Time.
Assignor
EXCO Resources, Inc.
By:
Name: X.X. Xxxxxx
Title: Vice President of Land
Assignee
Petroleum Development Corporation
By:
Name: Xxxx X. Xxxxxxx
Title: Vice President, Exploration and Production
ARTICLE 16ACKNOWLEDGEMENTS
STATE OF COLORADO )
) ss
CITY AND COUNTY OF DENVER )
The foregoing instrument was acknowledged before me this ______ day of January, 2007, by X.X. Xxxxxx, as Vice President of Land of EXCO Resources, Inc. a Texas corporation, on behalf of such corporation.
Witness my hand and official seal.
My Commission Expires: ______________
______________________________
Notary Public
STATE OF COLORADO )
) ss
CITY AND COUNTY OF DENVER )
The foregoing instrument was acknowledged before me this _____ day of January, 2007, by Xxxx X. Xxxxxxx as Vice President, Exploration and Production of Petroleum Development Corporation a Nevada corporation, on behalf of such corporation.
Witness my hand and official seal.
My Commission Expires: __________________
_________________________
Notary Public
EXHIBIT A-1
LEASES/LANDS
EXHIBIT A-2
RIGHTS-OF-WAY
EXHIBIT B
XXXXX
EXHIBIT H
Officer's Certificate of Petroleum Development Corporation
The undersigned, Xxxx X. Xxxxxxx, as Executive Vice President, Exploration and Production, of Petroleum Development Corporation, a Nevada corporation ("Buyer"), is delivering this Certificate to EXCO Resources, Inc. ("Seller"), pursuant to that certain Purchase and Sale Agreement dated effective October 1, 2006, by and between Seller and Buyer (the "Agreement"). Capitalized terms used herein shall have the meanings given to them in the Agreement. Buyer hereby certifies to Seller that, as of the date hereof, the following conditions precedent to consummate the Closing have been satisfied:
1. All representations and warranties of Buyer contained in the Agreement are true and correct in all material respects as of the date of the Closing, and
2. All covenants and agreements required by the terms of the Agreement to be performed and complied with by Buyer prior to or at the Closing have been duly performed in all material respects as of the date of the Closing.
IN WITNESS WHEREOF, the undersigned has caused this Certificate to be duly executed January 4, 2007.
Petroleum Development Corporation
By: ________________________________
Xxxx X. Xxxxxxx
STATE OF COLORADO )
Witness my hand and official seal.
____________________________________
EXHIBIT I
Officer's Certificate of EXCO Resources, Inc.
The undersigned, X.X. Xxxxxx, is Vice President of Land of EXCO Resources, Inc. ("Seller"), and is delivering this Officer's Certificate to Petroleum Development Corporation, a Texas corporation ("Buyer"), pursuant to that certain Purchase and Sale Agreement, dated effective October 1, 2006, by and between EXCO Resources, Inc. and Petroleum Development Corporation (the "Agreement"). Capitalized terms used herein shall have the meanings given to them in the Agreement. Seller hereby certifies to Buyer that as of the date hereof the following conditions precedent to consummate the Closing have been satisfied:
1. All representations and warranties of Seller contained in the Agreement are true and correct in all material respects as of the date of the Closing, and
2. All covenants and agreements required by the terms of the Purchase Agreement to be performed and complied with by Seller prior to or at the Closing have been duly performed in all material respects as of the date of the Closing.
IN WITNESS WHEREOF, the undersigned has caused this Certificate to be duly executed January 4, 2007.
EXCO Resources, Inc.
By: _________________________
X.X. Xxxxxx, Vice President of Land
STATE OF COLORADO )
CITY AND ) ss.
COUNTY OF DENVER )
The foregoing instrument was acknowledged before me this 4th day of January, 2007, by X.X. Xxxxxx as Vice President of Land of EXCO Resources, Inc., a Texas corporation on behalf of said company.
Witness my hand and official seal.
My commission expires:
Notary Public
EXHIBIT I
Officer's Certificate of EXCO Resources, Inc.
The undersigned, X.X. Xxxxxx, is Vice President of Land of EXCO Resources, Inc. ("Seller"), and is delivering this Officer's Certificate to Petroleum Development Corporation, a Texas corporation ("Buyer"), pursuant to that certain Purchase and Sale Agreement, dated effective October 1, 2006, by and between EXCO Resources, Inc. and Petroleum Development Corporation (the "Agreement"). Capitalized terms used herein shall have the meanings given to them in the Agreement. Seller hereby certifies to Buyer that as of the date hereof the following conditions precedent to consummate the Closing have been satisfied:
1. All representations and warranties of Seller contained in the Agreement are true and correct in all material respects as of the date of the Closing, and
2. All covenants and agreements required by the terms of the Purchase Agreement to be performed and complied with by Seller prior to or at the Closing have been duly performed in all material respects as of the date of the Closing.
IN WITNESS WHEREOF, the undersigned has caused this Certificate to be duly executed January 4, 2007.
EXCO Resources, Inc.
By: _________________________
X.X. Xxxxxx, Vice President of Land
STATE OF COLORADO )
CITY AND ) ss.
COUNTY OF DENVER )
The foregoing instrument was acknowledged before me this 4th day of January, 2007, by X.X. Xxxxxx as Vice President of Land of EXCO Resources, Inc., a Texas corporation on behalf of said company.
Witness my hand and official seal.
My commission expires:
Notary Public
EXHIBIT J
NON-FOREIGN AFFIDAVIT
Exemption from Withholding of Tax for Dispositions of U.S. Real Property Interests by
EXCO Resources, Inc.
Section 1445 of the Internal Revenue Code provides that a transferee of a U.S. real property interest must withhold tax if the transferor is a foreign person. To inform Petroleum Development Corporation ("Buyer") that withholding of tax is not required upon the disposition of U.S. real property interests by EXCO Resources, Inc. ("Seller"), the undersigned hereby certifies the following:
1. Seller is not a nonresident alien, foreign corporation, foreign partnership, foreign trust or foreign estate for purposes of U.S. income taxation;
2. The taxpayer identifying number of Seller is 00-0000000.
3. Seller's address is 00000 Xxxxx Xxxxx, Xxxxx 0000, Xxxxxx, Xxxxx 00000.
Seller understands that Buyer may disclose this certification to the Internal Revenue Service and that any false statement contained herein could be punished by fine, imprisonment or both.
Under penalties of perjury, I declare that I have examined this certification and, to the best of my knowledge and belief, it is true, correct and complete, and I further declare I have authority to sign this document.
Date: January 4, 2007
Seller:
EXCO Resources, Inc.
By: _________________________________
X.X. Xxxxxx, Vice President of Land
STATE OF COLORADO )
CITY AND ) ss.
COUNTY OF DENVER )
The foregoing instrument was acknowledged before me this 4th day of January, 2007, by X.X. Xxxxxx, as Vice President of Land of EXCO Resources, Inc., a Texas corporation on behalf of said company.
Witness my hand and official seal.
My commission expires:
_________________________________
Notary Public
EXHIBIT K
BONDS TO BE REPLACED AT CLOSING
None.
EXHIBIT L
ESCROW AGREEMENT
This ESCROW AGREEMENT dated as of December __, 2006, (this "Escrow Agreement") is entered into by and between EXCO Resources, Inc., a Texas corporation, 00000 Xxxxx Xxxxx, Xxxxx 0000, Xxxxxx, Xxxxx 00000 ("EXCO" or "Seller") and Petroleum Development Corporation, a Nevada corporation, 000 Xxxx Xxxx Xxxxxx, Xxxxxxxxxx, Xxxx Xxxxxxxx 00000 ("PDC" or "Buyer"), and Xxxxx Fargo Bank, National Association ("Escrow Agent").
RECITALS
Seller has agreed to sell to Buyer all of its interests in certain oil and gas properties located in Colorado pursuant to the terms of the Purchase and Sale Agreement dated effective as of October 1, 2006, between Seller and Buyer (the "Purchase Agreement").
The Purchase Agreement provides that Buyer shall deposit $500,000.00 in cash in escrow as an xxxxxxx money deposit in connection with the closing obligations of Buyer under the Purchase Agreement. Accordingly, Buyer has agreed to deposit such cash (the "Escrow Funds") with Escrow Agent, in compliance with the Purchase Agreement.
This Escrow Agreement shall govern the terms upon which the Escrow Agent may distribute the Escrow Funds.
AGREEMENT
NOW, THEREFORE, in consideration of the premises set forth above and other good and valuable consideration, the receipt of which is hereby acknowledged, the parties hereto agree as follows:
1. Acceptance of Appointment; Deposit of Escrow Funds. Xxxxx Fargo Bank, National Association, hereby agrees to act as Escrow Agent under this Escrow Agreement subject to the conditions set forth herein. Buyer agrees to deposit the Escrow Funds with Escrow Agent on the date hereof.
2. Escrow Agent Standard of Care. The Escrow Agent shall be obligated only to perform the duties specifically set forth in this Escrow Agreement, which shall be deemed purely ministerial in nature, and shall under no circumstances be deemed to be a fiduciary to any party or any other person. The parties agree that the Escrow Agent shall not assume any responsibility for the failure of the parties to perform in accordance with this Escrow Agreement. This Escrow Agreement sets forth all matters pertinent to the escrow contemplated hereunder, and no additional obligations of the Escrow Agent shall be inferred from the terms of this Escrow Agreement or any other agreement. In no event shall the Escrow Agent be liable, directly or indirectly, for any (i) damages or expenses arising out of the services provided hereunder, other than damages which result from the Escrow Agent's gross negligence or willful misconduct, or (ii) special or consequential damages, even if the Escrow Agent has been advised of the possibility of such damages.
3. Attorneys and Agents. The Escrow Agent shall have the right, but not the obligation, to consult with counsel or other such professionals of choice and shall not be liable for action taken or omitted to be taken by Escrow Agent in accordance with the advice of such counsel or other such professionals. The Escrow Agent may in all cases pay reasonable compensation to such counsel and shall be entitled to reimbursement as set forth in Section 6 for all such compensation paid. The Escrow Agent may perform its duties through its agents, attorneys, custodians or nominees.
4. Disbursement of the Escrow Funds. Escrow Agent shall disburse the Escrow Funds in accordance with joint written instructions to Escrow Agent signed by both Buyer and Seller.
5. Disputed Disbursement. Upon the event of a disputed claim, the Escrow Agent shall not disburse the Escrow Funds but shall retain the Escrow Funds until it receives a copy of a Final Decision with respect to such disputed claim. For purposes hereof, "Final Decision" means a decision, order, judgment or decree of an arbitrator or court of competent jurisdiction accompanied by an opinion of Buyer's or Seller's counsel, as appropriate, which decision, order, judgment or decree has been finally affirmed on appeal or by lapse of time or otherwise is no longer subject to appeal.
6. Investment of Escrow Funds. The Escrow Funds shall be credited by Escrow Agent and recorded in an escrow account. Escrow Agent shall be permitted, and is hereby authorized, to deposit, transfer, hold and invest all funds received under this Escrow Agreement, including principal and interest, in the Xxxxx Fargo Advantage 100% Treasury Money Market Fund ("Xxxxx Fargo Advantage Funds") during the period of this escrow. Any interest received by Escrow Agent with respect to the Escrow Funds, including reinvested interest, shall become part of the Escrow Funds and shall be disbursed according to Section 4 of this Agreement. The parties agree that, for tax reporting purposes, all interest or other taxable income earned on the Escrow Funds in any tax year shall be taxable to the recipient of such income.
The parties hereto shall, within thirty (30) days after the date hereof, provide Escrow Agent with certified tax identification numbers by furnishing appropriate IRS forms W-9 or W-8 and other forms and documents that Escrow Agent may reasonably request. The parties hereto understand that if such tax reporting documentation is not so certified to Escrow Agent, Escrow Agent may be required by the Internal Revenue Code of 1986, as amended, to withhold a portion of any interest or other income earned on the Escrow Funds pursuant to this Escrow Agreement.
The Escrow Agent shall be entitled to sell or redeem any such investments as necessary to make any payments or distributions required under this Escrow Agreement. The Escrow Agent shall have no responsibility or liability for any loss which may result from any investment made pursuant to the instructions of Buyer or Seller, or for any loss resulting from the sale of such investment pursuant to the instructions of Buyer or Seller. The parties acknowledge that the Escrow Agent is not providing investment supervision, recommendations, or advice.
Investments in the Xxxxx Fargo Advantage Funds are not obligations of, or endorsed or guaranteed by, the Escrow Agent or its affiliates and are not insured by the Federal Deposit Insurance Corporation. The Escrow Agent and its affiliates provide various services for the Xxxxx Fargo Advantage Funds and are paid fees for such services. Proceeds of the sale of investments will be delivered on the business day on which the appropriate instructions are received by the Escrow Agent if received prior to the deadline for same day sale of such permitted investments. If such instructions are received after the applicable deadline, proceeds will be delivered on the next business day.
Investments will be made promptly following the availability of such funds to the Escrow Agent taking into consideration the regulations and requirements (including investment cut-off times) of the Federal Reserve wire system, any investment provider, and the Escrow Agent.
To the extent that Escrow Agent becomes liable for the payment of any taxes in respect of income derived from the investment of funds held or payments made hereunder, Escrow Agent shall satisfy such liability to the extent possible from the Escrow Funds. The parties agree to indemnify and hold Escrow Agent harmless from and against any taxes, additions for late payment, interest, penalties and other expenses that may be assessed against Escrow Agent on or with respect to any payment or other activities under this Escrow Agreement unless any such tax, addition for late payment, interest, penalties and other expenses shall arise out of or be caused by the actions, or failure to act, of Escrow Agent.
7. Notices. All notices, requests, demands, and other communications under this Escrow Agreement shall be in writing and shall be deemed to have been duly given (a) on the date of service if served personally on the party to whom notice is to be given, (b) on the day of transmission if sent by facsimile/email transmission to the facsimile number/email address given below, and telephonic confirmation of receipt is obtained promptly after completion of transmission, (c) on the day after delivery to Federal Express or similar overnight courier, or (d) on the fifth day after mailing, if mailed to the party to whom notice is to be given, by first class mail, registered or certified, postage prepaid, and properly addressed, return receipt requested, to the party as follows:
If to Seller:
EXCO Resources, Inc.
00000 Xxxxx Xxxxx, Xxxxx 0000
Xxxxxx, Xxxxx 00000
Attention: Xxxx Xxxxxx, Vice President of Land
Telephone: (000) 000-0000
Fax: (000) 000-0000
With copies to:
EXCO Resources, Inc.
00000 Xxxxx Xxxxx, Xxxxx 0000
Xxxxxx, Xxxxx 7525
Attention: Xxxxxxx X. Boeing, Vice President, General Counsel, and Secretary
Telephone: (000) 000-0000
Fax: (000) 000-0000
If to Buyer:
Xxxxx Xxxxxx
Vice President, Exploration
Petroleum Development Corporation
0000 Xxxxxx Xxxxxx
Xxxxx, Xxxxxxxx 00000
Telephone: (907) 506‑9272
Fax: (907) 506‑9276
With copies to:
Xxxx Xxxxxxx
Executive Vice President, Exploration and Development
Petroleum Development Corporation
000 Xxxx Xxxx Xxxxxx
X.X. Xxx 00
Xxxxxxxxxx, Xxxx Xxxxxxxx 00000
Telephone: (304) 842‑3597
Fax: (304) 842‑0913
If to Escrow Agent:
Xxxxx Fargo Bank, N.A.
Corporate Trust & Escrow Services
Attention: Xxxxxxxx Xxxxxxx
0000 Xxxxxxxx, XXX X0000-000
Xxxxxx, XX 00000
Telephone: (000) 000-0000
Fax: (000) 000-0000
or to such other address as a party shall designate by written notice to all other parties to the Escrow Agreement.
8. Escrow Agent's Liability. Escrow Agent undertakes to perform such duties and only such duties as are specifically set forth in this Escrow Agreement, and no implied covenants or obligations shall be read into this Escrow Agreement against Escrow Agent. In the absence of gross negligence or willful misconduct on its part, Escrow Agent may conclusively rely, as to the truth of the statements and the correctness of the opinions expressed therein, upon certificates or opinions furnished to Escrow Agent. Escrow Agent may act upon any instrument, certificate, opinion or other writing believed by it without gross negligence to be genuine, and shall not be liable in connection with the performance by it of its duties pursuant to the provisions of the Escrow Agreement, except for its own gross negligence or willful misconduct. Escrow Agent may consult with counsel of its own choice and shall have full and complete authorization and protection for any action taken, suffered or omitted by it hereunder in good faith and in accordance with the opinion of such counsel. Escrow Agent may execute powers hereunder or perform any duties hereunder either directly or by or through agents or attorneys.
9. Termination of Escrow. This escrow shall terminate, and all obligations of Escrow Agent hereunder shall terminate, upon (i) disbursement of all of the Escrow Funds pursuant to Section 4 or (ii) receipt by Escrow Agent of a Final Decision requiring disbursement of all of the Escrow Funds to Buyer or Seller, as the case may be.
10. Fees and Expenses. Escrow Agent is entitled to compensation in accordance with "Exhibit A" attached hereto and incorporated herein by reference and shall be payable one half by Seller and one half by Buyer. The fee agreed upon for the services rendered hereunder is intended as full compensation for the Escrow Agent's services as contemplated by this Escrow Agreement; provided, however, that in the event that the conditions for the disbursement of funds under this Escrow Agreement are not fulfilled, or the Escrow Agent renders any material service not contemplated in this Escrow Agreement or there is any assignment of interest in the subject matter of this Escrow Agreement, or any material modification hereof, or if any material controversy arises hereunder, or the Escrow Agent is made a party to any litigation pertaining to this Escrow Agreement, or the subject matter hereof, then the Escrow Agent shall be reasonably compensated for such extraordinary services and reimbursed for all costs and expenses, including reasonable attorney's fees, occasioned by any delay, controversy, litigation or event.
11. Indemnification of Escrow Agent. Buyer and Seller both jointly and severally hereby indemnify and hold harmless the Escrow Agent from and against any and all loss, liability, cost, damage and expense, including, without limitation, reasonable counsel fees, which the Escrow Agent may suffer or incur by reason of any action, claim or proceeding brought against the Escrow Agent arising out of or relating in any way to this Escrow Agreement or any transaction to which this Escrow Agreement relates unless such action, claim or proceeding is the result of the willful misconduct of the Escrow Agent. The terms of this Section 11 shall survive the termination of this Escrow Agreement and, with respect to claims arising in connection with Escrow Agent's duties while acting as such, the resignation or removal of Escrow Agent.
12. Resignation. Escrow Agent may resign upon 30-days advance written notice to the parties hereto. If a successor escrow agent is not appointed within the 30-day period following such notice, Escrow Agent may petition any court of competent jurisdiction to name a successor Escrow Agent or interplead the Escrow Funds with such court, whereupon Escrow Agent's duties hereunder shall terminate.
13. Successors and Assigns. Except as otherwise provided for in this Escrow Agreement, no party hereto shall assign this Escrow Agreement or any rights or obligations hereunder without the prior written consent of the other parties hereto and any such attempted assignment without such prior written consent shall be void and of no force and effect. This Escrow Agreement shall inure to the benefit of and shall be binding upon the successors and permitted assigns of the parties hereto.
14. Governing Law; Jurisdiction. This Escrow Agreement shall be construed, performed, and enforced in accordance with, and governed by, the internal laws of the State of Colorado, without giving effect to the principles of conflict of laws thereof.
15. Amendments; Waivers. This Escrow Agreement may be amended or modified, and any of the terms, covenants, representations, warranties, or conditions hereof may be waived, only by a written instrument executed by the parties hereto, or in the case of a waiver, by the party waiving compliance. Any waiver by any party of any conditions, or of the breach of any provision, term, covenant, representation, or warranty contained in this Escrow Agreement, in any one or more instances, shall not be deemed to be nor construed as further or continuing waiver of any such conditions, or of the breach of any other provision, term, covenant, representation, or warranty of this Escrow Agreement.
16. Counterparts. This Escrow Agreement may be executed in two or more counterparts, all of which taken together shall constitute one instrument.
17. Entire Agreement. This Escrow Agreement contains the entire understanding among the parties hereto with respect to the escrow contemplated hereby and supersedes and replaces all prior and contemporaneous agreements and understandings, oral or written, with regard to such escrow.
18. Section Headings. The section headings in this Escrow Agreement are for reference purposes only and shall not affect the meaning or interpretation of this Escrow Agreement.
19. Severability. In the event that any part of this Escrow Agreement is declared by any court or other judicial or administrative body to be null, void, or unenforceable, said provision shall survive to the extent it is not so declared, and all of the other provisions of this Escrow Agreement shall remain in full force and effect.
[Signature Page Follows]
IN WITNESS WHEREOF, the parties hereto have caused this Escrow Agreement to be signed the day and year first above written.
EXCO Resources, Inc.
By: _____________________________
Name: _____________________________
Title: _____________________________
Date: December __, 2006
Petroleum Development Corporation
By: _____________________________
Name: _____________________________
Title: _____________________________
Date: December __, 2006
Xxxxx Fargo Bank, National Association,
as Escrow Agent
By: _____________________________
Name: _____________________________
Title: _____________________________
Date: December __, 2006
EXHIBIT A
SCHEDULE OF FEES
to act as ESCROW AGENT for the
(Name of Account) Escrow
|
Acceptance Fee: |
$500.00 |
Initial Fees as they relate to Xxxxx Fargo Bank acting in the capacity of Escrow Agent - includes review of the Escrow Agreement; acceptance of the Escrow appointment; setting up of Escrow Account(s) and accounting records; and coordination of receipt of funds for deposit to the Escrow Account(s).
Acceptance Fee payable at time of Escrow Agreement execution.
|
Escrow Agent Annual Administration Fee: |
$2,000.00 |
For ordinary administrative services by Escrow Agent - includes daily routine account management; investment transactions; cash transaction processing (including wire and check processing); monitoring claim notices pursuant to the agreement; disbursement of funds in accordance with the agreement; and mailing of trust account statements to all applicable parties.
Tax reporting is included for up to Five (5) entities. Should additional reporting be necessary, a $25 per reporting charge will be assessed.
This fee is payable in advance, with the first installment due at the time of Escrow Agreement execution. The Annual Fee covers a full year or any part thereof, and therefore will not be prorated or refunded in the year of early termination.
Xxxxx Fargo's bid is based on the following assumptions:
• Number of Escrow Accounts to be established: One (1)
• Number of Deposits to Escrow Account: Not more than One (1)
• Number of Withdrawals from Escrow Fund: Not more than Two (2)
• Term of Escrow: Not more than One (1) year
• APPOINTMENT SUBJECT TO RECEIPT OF REQUESTED DUE DILIGENCE INFORMATION AS PER THE USA PATRIOT ACT
• THIS PROPOSAL ASSUMES THAT BALANCES IN XXX ACCOUNT WILL BE INVESTED IN MONEY MARKET FUNDS
• ALL FUNDS WILL BE RECEIVED FROM OR DISTRIBUTED TO A DOMESTIC OR AN APPROVED FOREIGN ENTITY
• IF THE ACCOUNT(S) DOES NOT OPEN WITHIN THREE (3) MONTHS OF THE DATE SHOWN BELOW, THIS PROPOSAL WILL BE DEEMED TO BE NULL AND VOID
|
Out-of Pocket Expenses: |
At Cost |
We will charge for out-of-pocket expenses in response to specific tasks assigned by the client or provided for in the escrow agreement. Possible expenses would be, but are not limited to, express mail and messenger charges, travel expenses to attend closing or other meetings. There are no charges for indirect out-of- pocket expenses.
This fee schedule is based upon the assumptions listed above which pertain to the responsibilities and risks involved in Xxxxx Fargo undertaking the role of Escrow Agent. These assumptions are based on information provided to us as of the date of this fee schedule. Our fee schedule is subject to review and acceptance of the final documents. Should any of the assumptions, duties or responsibilities change, we reserve the right to affirm, modify or rescind our fee schedule. Extraordinary services (services other than the ordinary administration services of Escrow Agent described above) are not included in the annual administration fee and will be billed as incurred at the rates in effect from time to time.
Submitted on: 12/05/06
EXHIBIT B-1
Certificate as to Authorized Signatures
Account Name:
Account Number:
The specimen signatures shown below are the specimen signatures of the individuals who have been designated as Authorized Representatives of EXCO Resources, Inc. and are authorized to initiate and approve transactions of all types for the above-mentioned account on behalf of EXCO Resources, Inc.
|
Name / Title |
Specimen Signature |
|
________________________________ ________________________________ |
________________________________ |
|
________________________________ ________________________________ |
________________________________ |
|
________________________________ ________________________________ |
________________________________ |
|
________________________________ ________________________________ |
________________________________ |
EXHIBIT B-2
Certificate as to Authorized Signatures
Account Name:
Account Number:
The specimen signatures shown below are the specimen signatures of the individuals who have been designated as Authorized Representatives of Petroleum Development Corporation and are authorized to initiate and approve transactions of all types for the above-mentioned account on behalf of Petroleum Development Corporation.
|
Name / Title |
Specimen Signature |
|
________________________________ ________________________________ |
________________________________ |
|
________________________________ ________________________________ |
________________________________ |
|
________________________________ ________________________________ |
________________________________ |
|
________________________________ ________________________________ |
________________________________ |
EXHIBIT C
Agency and Custody Account Direction
For Cash Balances
Direction to use Xxxxx Fargo Advantage Funds for Cash Balances for the following account(s):
Account Name:
Account Number(s):
You are hereby directed to invest, as indicated below or as I shall direct further from time to time, all cash in the Account in the following money market portfolio of Xxxxx Fargo Advantage Funds (the "Fund") or another permitted investment of my choice (Check One):
___ Xxxxx Fargo Advantage Funds, 100% Treasury Money Market Fund
___ Xxxxx Fargo Advantage Funds, Government Money Market Fund
___ Xxxxx Fargo Advantage Funds, Cash Investment Money Market Fund
___ Xxxxx Fargo Advantage Funds, Prime Investment Money Market Fund
___ Xxxxx Fargo Advantage Funds, Treasury Plus Money Market Fund
I acknowledge that I have received, at my request, and reviewed the Fund's prospectus and have determined that the Fund is an appropriate investment for the Account. Each Fund's prospectus can be downloaded from the Xxxxx Fargo website at
xxx.xxxxxxxxxx.xxx/xxxxx/xxx_xxxx/xxxx_xxxx/xxxxxxxx.xxxxx?xxxxXxxxxXxxxxXxxxxx&xxxxxxxxxxxxxx">xxxx://xxx.xxxxxxxxxx.xxx/xxxxx/xxx_xxxx/xxxx_xxxx/xxxxxxxx.xxxxx?xxxxXxxxxXxxxxXxxxxx&xxxxxxxxxxxxxx
I understand from reading the Fund's prospectus that Xxxxx Fargo Funds Management, LLC, ("Xxxxx Fargo Bank"), a wholly-owned subsidiary of Xxxxx Fargo & Company, provides investment advisory and other administrative services for the Xxxxx Fargo Advantage Funds. Other affiliates of Xxxxx Fargo & Company provide sub-advisory and other services for the Funds. Boston Financial Data Services serves as transfer agent for the Funds. The Funds are distributed by Xxxxxxxx Inc., Member NYSE/SIPC. Xxxxx Fargo & Company and its affiliates are not affiliated with Xxxxxxxx Inc. I also understand that Xxxxx Fargo & Company will be paid, and its bank affiliates may be paid, fees for services to the Funds and that those fees may include Processing Organization fees as described in the Fund's prospectus.
I understand that you will not exclude amounts invested in the Fund from Account assets subject to fees under the Account agreement between us.
I understand that investments in the Fund are not obligations of, or endorsed or guaranteed by, Xxxxx Fargo Bank or its affiliates and are not insured by the Federal Deposit Insurance Corporation.
I acknowledge that I have full power to direct investments of the Account.
I understand that I may change this direction at any time and that it shall continue in effect until revoked or modified by me by written notice to you.
I understand that if I choose to communicate this investment direction solely via facsimile, then the investment direction will be understood to be enforceable and binding.
Signature
25329:EXHIBIT M
PREFERENTIAL RIGHTS AND REQUIRED CONSENTS
Preferential Rights (contained in Operating Agreements):
WI Owner: Well: W.I.:
Midwest Capital Financial Services, Inc. Xxxxxxxx #00-0 0.00000000
Xxxxxxxx #00-0 0.00450000
Xxxxxx #10-1 0.00582300
Xxxxxxx & Xxxx XxXxxxxx Xxxxxxxx #21-1 0.01001820
Xxxxxxxx-Foe #10-1 0.09655000
Ampetro 1983 III Xxxxxx #10-1 0.00246070
Mellon #28-2 0.00687830
Field Xxxxxx 34-1 0.03915328
Xxxxxxx Xxxxx Xxxxxx #00-0 0.00000000
Xxxxxx #00-0 0.00563330
Xxxxxx Xxxxxx #34-1 0.00546640
Xxxx X. Xxxxx Laune #44-25 0.12000000
Xxx X. Galatiolo Laune #44-25 0.03000000
Xxxxxxx X. Xxxxxxx Laune #44-25 0.03000000
Xxxxxxx X. Xxxxxxxx Laune #44-25 0.03000000
Xxxxxxxxx X. Xxxxxxxx Laune #44-25 0.03000000
Consents to Assign (contained in oil and gas leases or assignments):
1. Noble Energy Production, Inc. on the UPRR Pan Am "J" #1. Farmout Contract dated February 22, 2001 and Assignment of Oil and Gas Lease dated October 16, 2001 covering the SE/4 of Section 31, T4N, R66W Weld County, Colorado
2. Colorado Department of Transportation on the Xxxxxx #1, Xxxxx #1, Xxxx #1 in Oil & Gas Lease from Colorado Department of Transportation dated August 1, 2001, recorded at Reception No. 2893285 covering 11.238 acres in the N/2 of Xxxxxxx 00, X0X, X00X Xxxx Xxxxxx Xxxxxxxx. Xxxxx Lease # P-03-090-00.
3. Colorado Department of Highways on the K & R Livestock # 1 (No value listed). Oil & Gas Lease from the Colorado Department of Highways dated July 24, 1985, recorded at Reception No. 2018974 covering 13.532 acres in the E/2SE/4 and 0.027 acres in the SE/4SE/4 of Xxxxxxx 00, X0X, X00X, Xxxx Xxxxxx, XX. Xxxxx Lease # P-03-039-00.
4. Weld County Colorado on the Oster #10-1. Oil & Gas Lease from Weld County Colorado dated December 10, 1986, recorded at Book 1160 as Reception No. 2103882 covering the East 30 feet of the SE/4SE/4 of Section 10, T4N, R67W, Weld County, CO. Lessee may assign this lease with the prior consent of the Lessor.
5. Colorado Department of Highways on the Xxxxxxx # 1. Oil & Gas Lease from the Colorado Department of Highways dated September 21, 1989, recorded at Reception No. 2200647 covering 3.402 acres in the X/0 xx Xxxxxxx 00, X0X, X00X, Xxxx Xxxxxx, XX. Xxxxx Lease # P-03-050-00.
6. Colorado Department of Highways on deep rights only, non-producing. Oil & Gas Lease from the Colorado Department of Highways dated October 1, 1990, recorded at Reception No. 2246133 covering Lots 11 through 20, inclusive, Block 27, Town of Xxxxxxxx containing 1.723 acres in the SW/4SE/4 of Xxxxxxx 00, X0X, X00X, Xxxx Xxxxxx XX. Xxxxx Lease # P-03-055-00.
7. Colorado Department of Highways on deep rights only, non-producing. Oil & Gas Lease from the Colorado Department of Highways dated September 9, 1987, recorded at Reception No. 2121562 covering 0.154 acres in the SW/4SE/4 of Xxxxxxx 00, X0X, X00X, Xxxx Xxxxxx, XX. Xxxxx Lease #F 006-1 (17), Parcel 39.
8. United States Exploration, Inc. on the UPRR Pan Am "J" #1, located in the SE/4 of Section 31, T4N, R66W, Weld County, CO, limited in depth from below the base of the "J" Sandstone formation to the base of the Dakota formation. Farmout Contract dated February 22, 2001 between United States Exploration, Inc. and Southwestern Eagle Exploration, L.L.C.
9. Anadarko, successor in interest to Union Pacific Resources Company, on the UPRR Pan Am "J" #1, located in the X/0 xx Xxxxxxx 00, X0X, X00X, Xxxx Xxxxxx, XX. Exploration Agreement dated April 9, 0000 xxxxxxx Xxxxx Xxxxxxx Xxxxxxxxx Xxxxxxx xxx Xxxxxx Xxxxxx Exploration, Inc.
EXHIBIT N
PENDING LITIGATION
None.
EXHIBIT O
NOTICES OF POTENTIAL NONCOMPLIANCE
None.
EXHIBIT P
GAS IMBALANCE SCHEDULES
None.
