January 19, 2010
January
19, 2010
Mr. H.
Xxxx Xxxxxxx
Executive
Vice President
Reef Oil
& Gas Partners, L.P.
Reef
Exploration, L.P.
0000
Xxxxx Xxxxxxx Xxxxxxxxxx, Xxxxx 000
Xxxxxxxxxx,
Xxxxx 00000
Re: Post
Closing PUDs
Dear
Xxxx:
Reference
is made to that certain Purchase and Sale Agreement dated December 18, 2009 and
effective as of December 1, 2009 by and between RCWI, L.P. (“Buyer”) and Azalea
Properties, Ltd. (“Seller”) providing
for the purchase by Buyer of certain assets of Seller (the “PSA”). All
capitalized terms used herein and not otherwise defined shall have the meanings
set forth in the PSA.
This
Letter Agreement (“Letter”) shall set
forth the understanding of Buyer and Seller with regard to the Proven
Undeveloped (“PUD’s”)
opportunities.
By their
execution hereof, Buyer and Seller agree as follows:
1. Pursuant
to Section 2.02(a) of the PSA, the Purchase Price to be paid by Buyer to Seller
at Closing shall be adjusted upward by the amount of $966,897.00, representing
the allocated value of the PUD’s for which Seller has provided supporting
documentation as of the Closing Date.
2. Commencing
on the Closing Date and ending ninety (90) days thereafter (the “Post Closing
Period”), Seller shall use commercially reasonable efforts to provide
Buyer with additional land maps and documentation evidencing Seller’s ownership
in the leaseholds where the individual PUD’s are located (the “PUD Documentation”)
for the properties set forth on Exhibit A hereto.
Upon receipt of the PUD Documentation, but in no event later than five (5) days
following expiration of the Post Closing Period, Buyer shall prepare and provide
to Seller an updated Exhibit D to the PSA
showing the revised calculation of the allocated value of the
PUD’s.
3. Buyer
and Seller shall, within five (5) days following receipt by Seller of the
revised Exhibit D, enter into good faith negotiations regarding the revised
calculation of the allocated value of the PUD’s (the “PUD Price Increase”).
Within five (5) days following agreement by Seller and Buyer of the PUD Price
Increase, Buyer shall pay to Seller the amount of such PUD Price Increase, in
immediately available funds, via wire transfer as set forth in the Settlement
Statement.
|
Very
truly yours,
|
||
|
Azalea
Properties, Ltd.
|
||
|
By:
|
Maple
Ridge Property Company
|
|
|
Its
sole general partner
|
||
|
By:
|
/s/ Xxxxxxx
Xxxxxxxx Xxxxxx
|
|
|
Xxxxxxx
Xxxxxxxx Xxxxxx
|
||
|
President
|
||
Accepted
and Agreed to
this 19
day of January 2010:
|
RCWI,
L.P.
|
||
|
By:
|
RCWI,
GP, LLC
|
|
|
Its
general partner
|
||
|
By:
|
/s/ Xxxxxxx X Xxxxxxx
|
|
|
Xxxxxxx
X Xxxxxxx, Manager
|
||
Exhibit A
PUDS
Exhibit
A (Post Closing Value to be Established)
Attached to that certain Letter Agreement, dated January
19, 2010 by and between Azalea Properties, Ltd. and RCWI,
L.P.
|
Case Name
|
New
Resv
Cat
|
OPERATOR
|
COUNTY
|
STATE
|
MAJOR
|
WI
|
RI
|
Xxxx Xxxxx
XX 0
|
||||||||||||
|
XXXXXXXXX
0 XXX
|
XXX
|
ZEPHYR
OPERATING LLC
|
HEMPHILL
|
TX
|
GAS
|
4.2 | 4.98701 | 0.000 | ||||||||||||
|
COOT
XXXXX PUD #2
|
PUD
|
XXXXXXXXX
ENERGY COMPANY
|
XXXXXXXXX
|
MS
|
OIL
|
1.875 | 1.5 | |||||||||||||
|
COOT
XXXXX PUD #1
|
PUD
|
XXXXXXXXX
ENERGY COMPANY
|
XXXXXXXXX
|
MS
|
OIL
|
1.875 | 1.5 | |||||||||||||
|
XXXXXXX
00 XXX 00 - 0
|
XXX
|
ZEPHYR
OPERATING LLC
|
XXXXX
XXXXX
|
OK
|
GAS
|
6.375 | 4.9725 | 0.000 | ||||||||||||
|
XXXXXXX
00 XXX 00 - 0
|
XXX
|
ZEPHYR
OPERATING LLC
|
XXXXX
XXXXX
|
OK
|
GAS
|
6.375 | 4.9725 | 0.000 | ||||||||||||
|
XXXXXXX
00 XXX 00 - 0
|
XXX
|
ZEPHYR
OPERATING LLC
|
XXXXX
XXXXX
|
OK
|
GAS
|
6.375 | 4.9725 | 0.000 | ||||||||||||
|
XXXXXXX
00 XXX 00 - 0
|
XXX
|
ZEPHYR
OPERATING LLC
|
XXXXX
XXXXX
|
OK
|
GAS
|
6.375 | 4.9725 | 0.000 | ||||||||||||
|
XXXXX
XXXXX XXX 0 #0-0 XXX
|
XXX
|
ZEPHYR
|
XXXXX
XXXXX
|
OK
|
GAS
|
6 | 4.68 | 0.000 | ||||||||||||
|
INDIANOLA
PUDS 1-10
|
PUD
|
THE
XXXXXXXX COMPANY
|
ERATH
|
TX
|
GAS
|
3.75 | 2.8125 | |||||||||||||
|
PUD
1-H
|
PUD
|
CHESAPEAKE
OPERATING INC
|
WASHITA
|
OK
|
GAS
|
1.61989 | 1.21492 | |||||||||||||
|
XXXXXX
#4 PUD (Offset To Ro
|
PUD
|
PREMIER
ENERGY LLC
|
CANADIAN
|
OK
|
GAS
|
5.375 | 4.07916 | |||||||||||||
|
XXXXXXX
00 XXX 00 - 0
|
XXX
|
ZEPHYR
OPERATING LLC
|
XXXXX
XXXXX
|
OK
|
GAS
|
6.375 | 4.9725 | 0.000 | ||||||||||||
|
XXXXXXX
00 XXX 00 - 0
|
XXX
|
ZEPHYR
OPERATING LLC
|
XXXXX
XXXXX
|
OK
|
GAS
|
6.375 | 4.9725 | 0.000 | ||||||||||||
|
XXXXXXX
00 XXX 00 (Xxxxxx)
|
XXX
|
ELAND
ENERGY
|
HEMPHILL
|
TX
|
GAS
|
2.5 | 1.875 | 0.000 | ||||||||||||
|
XXXXXX
XXXX XXX 0 #0-0X XXX
|
XXX
|
CHESAPEAKE
OPERATING INC
|
XXXXX
XXXXX
|
OK
|
GAS
|
1.90433 | 1.59964 | 0.000 | ||||||||||||
|
SEMITROPIC
#1 PUD - 1-1
|
PUD
|
PREMIER
ENERGY LLC
|
MONTREY
|
CA
|
OIL
|
3.52941 | 2.64706 | |||||||||||||
|
BLACKSTONE
MINERALS #1-32
|
PUD
|
XXXXXXX
XXXX E EXPLORAT
|
PEARL
RIVER
|
MS
|
GAS
|
5 | 3.5 | |||||||||||||
|
XXXXX
XXXXXXX 00 XXX
|
XXX
|
B&W
OPERATING LLC
|
XXXXX
XXXXX
|
OK
|
GAS
|
1.82143 | 1.36607 | |||||||||||||
|
XXX
0
|
XXX
|
XXXXXXX
XXXX E EXPLORAT
|
PEARL
RIVER
|
MS
|
OIL
|
2.09559 | 1.57169 | |||||||||||||
|
BS
HORIZONTAL PUD 2
|
PUD
|
X X
XXXXX OPERATING INC
|
XXXXXX
|
OK
|
GAS
|
3.05276 | 2.28957 | |||||||||||||
|
BS
HORIZONTAL PUD 3
|
PUD
|
X X
XXXXX OPERATING INC
|
XXXXXX
|
OK
|
GAS
|
3.05276 | 2.28957 | |||||||||||||
|
XXXXXXX
00 #0 X XXX
|
XXX
|
XXXXX
X XXXXXX
|
XXXXX
|
OK
|
GAS
|
1.23438 | 0.89614 | |||||||||||||
|
XXXXXXX
#2-9 PUD
|
PUD
|
QUESTAR
EXPL & PROD CO
|
XXXXX
XXXXX
|
OK
|
GAS
|
1.5 | 1.1555 | |||||||||||||
|
XXXX
XXX PUD #2 - 1-35
|
PUD
|
CONTINENTAL
RESOURCES II
|
XXXXXX
|
OK
|
GAS
|
2.06167 | 1.54625 | |||||||||||||
|
XXXX
XXX PUD #1 - 1-35
|
PUD
|
CONTINENTAL
RESOURCES II
|
XXXXXX
|
OK
|
GAS
|
2.06167 | 1.54625 | |||||||||||||
|
XXXXXX
XXXXX XXX 0 #0-0 XXX
|
XXX
|
CHESAPEAKE
OPERATING INC
|
XXXXX
XXXXX
|
OK
|
GAS
|
1.89001 | 1.53514 | 0.000 | ||||||||||||
|
XXXXXX
XXXXX XXX 0 #0-0 XXX
|
XXX
|
CHESAPEAKE
OPERATING INC
|
XXXXX
XXXXX
|
OK
|
GAS
|
1.89001 | 1.53514 | 0.000 | ||||||||||||
|
XXXXXX
XXXXX XXX 0 #0-0 XXX
|
XXX
|
CHESAPEAKE
OPERATING INC
|
XXXXX
XXXXX
|
OK
|
GAS
|
1.89001 | 1.53514 | 0.000 | ||||||||||||
1
|
Case Name
|
New
Resv
Cat
|
OPERATOR
|
COUNTY
|
STATE
|
MAJOR
|
WI
|
RI
|
Xxxx Xxxxx
XX 0
|
||||||||||||
|
XXXXXXX
00-00 XXX
|
XXX
|
ELAND
ENERGY
|
XXXXXXXX
|
TX
|
GAS
|
3 | 2.55 | 0.000 | ||||||||||||
|
PUD
1
|
PUD
|
RANKEN
ENERGY CORPORAT
|
XX
XXXXX
|
OK
|
GAS
|
8.85417 | 6.64063 | |||||||||||||
|
XXXX
#2-09 PUD
|
PUD
|
SOUTHERN
BAY OPERATING,
|
XXXXX
XXXXX
|
OK
|
GAS
|
2.40949 | 1.82445 | |||||||||||||
|
TIGER
PUD #6
|
PUD
|
XXXXXXX
XXXX E EXPLORAT
|
XXXXXX
|
TX
|
OIL
|
3 | 2.16 | |||||||||||||
|
TIGER
PUD #4
|
PUD
|
XXXXXXX
XXXX E EXPLORAT
|
XXXXXX
|
TX
|
OIL
|
3 | 2.16 | |||||||||||||
|
TIGER
PUD #5
|
PUD
|
XXXXXXX
XXXX E EXPLORAT
|
XXXXXX
|
TX
|
OIL
|
3 | 2.16 | |||||||||||||
|
TIGER
PUD #2
|
PUD
|
XXXXXXX
XXXX E EXPLORAT
|
XXXXXX
|
TX
|
OIL
|
3 | 2.16 | |||||||||||||
|
TIGER
PUD #3
|
PUD
|
XXXXXXX
XXXX E EXPLORAT
|
XXXXXX
|
TX
|
OIL
|
3 | 2.16 | |||||||||||||
|
TIGER
PUD #1
|
PUD
|
XXXXXXX
XXXX E EXPLORAT
|
XXXXXX
|
TX
|
OIL
|
3 | 2.16 | |||||||||||||
|
XXXXXX
3-14 PUD
|
PUD
|
ELAND
ENERGY
|
HEMPHILL
|
TX
|
GAS
|
2.5 | 2.125 | 0.000 | ||||||||||||
|
BLACKSTONE
MINERALS #1-30
|
PUD
|
XXXXXXX
XXXX E EXPLORAT
|
PEARL
RIVER
|
MS
|
GAS
|
5 | 3.5 | |||||||||||||
|
XXXX
#1-09 PUD
|
PUD
|
SOUTHERN
BAY OPERATING,
|
XXXXX
XXXXX
|
OK
|
GAS
|
2.40949 | 1.82445 | |||||||||||||
|
BUCKTHAL
#3-25 PUD
|
PUD
|
FOREST
OIL CORPORATION
|
XXXXXXXX
|
TX
|
GAS
|
2.0625 | 1.55375 | |||||||||||||
|
XXXXXXX
#2-11 PUD
|
PUD
|
SOUTHERN
BAY OPERATING,
|
XXXXX
XXXXX
|
OK
|
GAS
|
2.40949 | 1.82445 | |||||||||||||
|
XXXXXXX
89-05 PUD
|
PUD
|
ELAND
ENERGY
|
HEMPHILL
|
TX
|
GAS
|
2.5 | 2.125 | 0.000 | ||||||||||||
|
XXXXXXXX
XXX XXXXXXX 0-0
|
XXX
|
XXXXX
X XXXXXX
|
XXXXX
|
KS
|
GAS
|
3.75 | 2.8125 | |||||||||||||
|
XXXXXXX
#3-11 PUD
|
PUD
|
SOUTHERN
BAY OPERATING,
|
XXXXX
XXXXX
|
OK
|
GAS
|
2.40949 | 1.82445 | |||||||||||||
|
XXXXXXX
89-02 PUD
|
PUD
|
ELAND
ENERGY
|
HEMPHILL
|
TX
|
GAS
|
2.5 | 2.125 | 0.000 | ||||||||||||
|
XXXXXXXX
PUD 2 SECTION 5
|
PUD
|
XXXXXXX
OIL CO INC
|
CRANE
|
TX
|
OIL
|
2.30901 | 1.87608 | |||||||||||||
|
XXXXXXXX
PUD 1 SECTION 5
|
PUD
|
XXXXXXX
OIL CO INC
|
CRANE
|
TX
|
OIL
|
2.30901 | 1.87608 | |||||||||||||
|
Cay
1-1 TWIN PUD - 1-3
|
PUD
|
PREMIER
ENERGY LLC
|
CANADIAN
|
OK
|
GAS
|
3.75 | 2.8125 | |||||||||||||
|
SECTION
58 SENE PUD
|
PUD
|
APACHE
CORP
|
XXXXXXX
|
TX
|
GAS
|
0.5249 | 0.37793 | 0.000 | ||||||||||||
|
SECTION
58 SESE PUD
|
PUD
|
APACHE
CORP
|
XXXXXXX
|
TX
|
GAS
|
0.5249 | 0.37793 | 0.000 | ||||||||||||
|
XXXXXXXXX
XXX B-46 PUD
|
PUD
|
XXXX
OPERATING COMPANY
|
XXXXXX
|
TX
|
OIL
|
0.22949 | 0.19581 | |||||||||||||
|
XXXX
#2-10 PUD
|
PUD
|
SOUTHERN
BAY OPERATING,
|
XXXXX
XXXXX
|
OK
|
GAS
|
1.4804 | 1.11502 | |||||||||||||
|
LOCATION
#07 PUD
|
PUD
|
CABOT
OIL & GAS CORP
|
XXXXXXXX
|
TX
|
GAS
|
6.23438 | 4.67495 | |||||||||||||
|
XXXXXXXXX
XXX B-42 PUD
|
PUD
|
XXXX
OPERATING COMPANY
|
XXXXXX
|
TX
|
OIL
|
0.22949 | 0.19581 | |||||||||||||
|
XXXXXXXX
#1 PUD
|
PUD
|
X X
XXXXX OPERATING CO
|
COLORADO
|
TX
|
GAS
|
1.56706 | 1.33185 | |||||||||||||
|
SECTION
58 NWSE PUD
|
PUD
|
APACHE
CORP
|
XXXXXXX
|
TX
|
GAS
|
0.5249 | 0.37793 | 0.000 | ||||||||||||
|
XXXX
#28-2 PUD
|
PUD
|
XXXXX
X XXXXXX
|
XXXXX
|
KS
|
GAS
|
1.5625 | 1.17522 | |||||||||||||
|
WILL
4-1
|
PUD
|
XXXXX
X XXXXXX
|
XXXXX
|
KS
|
GAS
|
1.5625 | 1.17522 | |||||||||||||
2
|
Case Name
|
New
Resv
Cat
|
OPERATOR
|
COUNTY
|
STATE
|
MAJOR
|
WI
|
RI
|
Reef Value
PV 0
|
||||||||||||
|
XXXXXXXX
PUD 3 SECTION 5
|
PUD
|
XXXXXXX
OIL CO INC
|
CRANE
|
TX
|
OIL
|
2.30901 | 1.87608 | |||||||||||||
|
BUCKINGHAM
000 - 0-0
|
XXX
|
XXXXXXXX
|
XXXXXXX
|
XX
|
OIL
|
0.5249 | 0.41073 | 0.000 | ||||||||||||
|
XXXXX
#2-33 PUD
|
PUD
|
RANKEN
ENERGY CORPORAT
|
XXXXXXX
|
OK
|
OIL
|
2.525 | 1.9695 | |||||||||||||
|
XXX
#4-3 PUD
|
PUD
|
CHESAPEAKE
OPERATING INC
|
HEMPHILL
|
TX
|
GAS
|
1.3125 | 0.98438 | |||||||||||||
|
AB&M
SECTION 6 SENE PUD
|
PUD
|
APACHE
CORP
|
XXXXXXX
|
TX
|
GAS
|
0.5249 | 0.41073 | 0.000 | ||||||||||||
|
AB&M
SECTION 5 NWSW PUD
|
PUD
|
APACHE
CORP
|
XXXXXXX
|
TX
|
GAS
|
0.5249 | 0.41073 | 0.000 | ||||||||||||
|
XXXXXXX
00 XXXX XXX
|
XXX
|
APACHE
CORP
|
XXXXXXX
|
TX
|
GAS
|
0.5249 | 0.37793 | 0.000 | ||||||||||||
|
LOCATION
#08 PUD
|
PUD
|
CABOT
OIL & GAS CORP
|
XXXXXXXX
|
TX
|
GAS
|
5.19531 | 3.89358 | |||||||||||||
|
XXXXXXX
00 XXXX XXX
|
XXX
|
APACHE
CORP
|
XXXXXXX
|
TX
|
GAS
|
0.5249 | 0.37793 | 0.000 | ||||||||||||
|
SOUTHFORK
PUD
|
PUD
|
CHESAPEAKE
OPERATING INC
|
CANADIAN
|
OK
|
GAS
|
1.5625 | 1.17188 | |||||||||||||
|
XXXXX
#2-6 PUD
|
PUD
|
SOUTHERN
BAY OPERATING,
|
XXXXX
XXXXX
|
OK
|
OIL
|
1.33403 | 1.00052 | |||||||||||||
|
XXX
0 - 0-0
|
XXX
|
XXXXXX
CORPORATION
|
XXXXXXX
|
TX
|
OIL
|
0.5249 | 0.41073 | 0.000 | ||||||||||||
|
PUD
1 - 1-5
|
PUD
|
APACHE
CORPORATION
|
XXXXXXX
|
TX
|
OIL
|
0.5249 | 0.41073 | 0.000 | ||||||||||||
|
XXXXXX
#4-28 PUD
|
PUD
|
RANKEN
ENERGY CORPORAT
|
XXXXXXX
|
OK
|
OIL
|
2 | 1.56 | |||||||||||||
|
XXXXX
#4-33 PUD
|
PUD
|
RANKEN
ENERGY CORPORAT
|
XXXXXXX
|
OK
|
OIL
|
2 | 1.56 | |||||||||||||
|
LODE
#1 PUD
|
PUD
|
XXXXX
X XXXXXX
|
XXXXX
|
KS
|
GAS
|
1.5625 | 1.17522 | |||||||||||||
|
XXXXXXXXX
00-00 XXX
|
XXX
|
LINN
OPERATING INC.
|
HEMPHILL
|
TX
|
GAS
|
0.96341 | 0.76109 | 0.000 | ||||||||||||
|
XXXXXXX
00 XXXX XXX
|
XXX
|
APACHE
CORP
|
XXXXXXX
|
TX
|
GAS
|
0.5249 | 0.37793 | 0.000 | ||||||||||||
|
XXXX
00-0 XXX
|
XXX
|
XXXXX
X XXXXXX
|
XXXXX
|
KS
|
GAS
|
1.5625 | 1.17522 | |||||||||||||
|
XXXXXXX
XXXXXX #2-1 PUD
|
PUD
|
SOUTHERN
BAY OPERATING,
|
XXXXX
XXXXX
|
OK
|
OIL
|
1.25 | 0.96875 | |||||||||||||
|
XXXXXXXX
2-58 - 2-58
|
PUD
|
SANGUINE
GAS EXPLORATIO
|
WHEELER
|
TX
|
OIL
|
0.5249 | 0.37793 | 0.000 | ||||||||||||
|
XXXXXXX
00 #0 X XXX
|
XXX
|
XXXXX
X XXXXXX
|
XXXXX
|
OK
|
GAS
|
1.23438 | 0.89614 | |||||||||||||
|
AB&M
SECTION 5 SESE PUD
|
PUD
|
APACHE
CORP
|
XXXXXXX
|
TX
|
GAS
|
0.5249 | 0.41073 | 0.000 | ||||||||||||
|
XXXXX
#1 PUD
|
PUD
|
XXXXX
X XXXXXX
|
XXXXX
|
KS
|
GAS
|
1.5625 | 1.17522 | |||||||||||||
|
XXXXXXXXX
#00-00 XXX
|
XXX
|
XXXXX
X XXXXXX
|
XXXXX
|
KS
|
GAS
|
1.5625 | 1.17522 | |||||||||||||
|
XXXXXXX
00-0 XXX
|
XXX
|
XXXXX
X XXXXXX
|
XXXXX
|
KS
|
GAS
|
1.5625 | 1.17522 | |||||||||||||
|
CHEROKEE
PUD SEC 59 NENE
|
PUD
|
APACHE
CORP
|
XXXXXXX
|
TX
|
GAS
|
0.5249 | 0.37793 | 0.000 | ||||||||||||
|
XXXXXX
#3-28 PUD
|
PUD
|
RANKEN
ENERGY CORPORAT
|
XXXXXXX
|
OK
|
OIL
|
2 | 1.56 | |||||||||||||
|
XXXXXX
XXX 28-2 PUD
|
PUD
|
XXXXX
X XXXXXX
|
XXXXX
|
KS
|
GAS
|
1.5625 | 1.17522 | |||||||||||||
|
XXXXXX
#2-28 PUD
|
PUD
|
RANKEN
ENERGY CORPORAT
|
XXXXXXX
|
OK
|
OIL
|
2 | 1.56 | |||||||||||||
|
XXXXXXX
105
|
PUD
|
SANGUINE
GAS EXPLORATIO
|
WHEELER
|
TX
|
OIL
|
0.5249 | 0.37793 | 0.000 | ||||||||||||
|
XXXXX
205 - 2-5
|
PUD
|
SANGUINE
GAS EXPLORATIO
|
WHEELER
|
TX
|
OIL
|
0.375 | 0.29211 | 0.000 | ||||||||||||
|
XXXXX
#3-33 PUD
|
PUD
|
RANKEN
ENERGY CORPORAT
|
XXXXXXX
|
OK
|
OIL
|
2 | 1.56 | |||||||||||||
|
XXXXXX
2-2 SESE PUD
|
PUD
|
APACHE
CORPORATION
|
XXXXXXX
|
TX
|
GAS
|
0.5249 | 0.40747 | 0.000 | ||||||||||||
|
XXXXXXX
00 XXXX XXX
|
XXX
|
APACHE
CORP
|
XXXXXXX
|
TX
|
GAS
|
0.5249 | 0.37793 | 0.000 | ||||||||||||
|
AB&M
SECTION 6 NWNE PUD
|
PUD
|
APACHE
CORP
|
XXXXXXX
|
TX
|
GAS
|
0.5249 | 0.41073 | 0.000 | ||||||||||||
3
|
Case Name
|
New
Resv
Cat
|
OPERATOR
|
COUNTY
|
STATE
|
MAJOR
|
WI
|
RI
|
Reef Value
PV 0
|
||||||||||||
|
AB&M
SECTION 5 SESW PUD
|
PUD
|
APACHE
CORP
|
XXXXXXX
|
TX
|
GAS
|
0.5249 | 0.41073 | 0.000 | ||||||||||||
|
XXXXXX
#2-6 PUD
|
PUD
|
SOUTHERN
BAY OPERATING,
|
XXXXX
XXXXX
|
OK
|
OIL
|
1.06722 | 0.80042 | |||||||||||||
|
XXXX
00-0 XXX
|
XXX
|
XXXXX
X XXXXXX
|
XXXXX
|
KS
|
GAS
|
1.5625 | 1.17522 | |||||||||||||
|
RAY,
G. F. #1 PUD
|
PUD
|
XXXX
ROYALTY CO
|
UPSHUR
|
TX
|
GAS
|
1.875 | 1.40625 | |||||||||||||
|
LOCATION
#02 PUD
|
PUD
|
CABOT
OIL & GAS CORP
|
XXXXXXXX
|
TX
|
GAS
|
3.11719 | 2.33415 | |||||||||||||
|
XXX
00 - XXX00
|
XXX
|
RANKEN
ENERGY CORPORAT
|
XX
XXXXX
|
OK
|
GAS
|
2 | 1.56 | |||||||||||||
|
XXX
00 - XXX00
|
XXX
|
RANKEN
ENERGY CORPORAT
|
XX
XXXXX
|
OK
|
GAS
|
2 | 1.56 | |||||||||||||
|
PUD
09 - PUD9
|
PUD
|
RANKEN
ENERGY CORPORAT
|
XX
XXXXX
|
OK
|
GAS
|
2 | 1.56 | |||||||||||||
|
PUD
08 - PUD8
|
PUD
|
RANKEN
ENERGY CORPORAT
|
XX
XXXXX
|
OK
|
GAS
|
2 | 1.56 | |||||||||||||
|
PUD
07 - PUD7
|
PUD
|
RANKEN
ENERGY CORPORAT
|
XX
XXXXX
|
OK
|
GAS
|
2 | 1.56 | |||||||||||||
|
SECTION
59 NENE PUD
|
PUD
|
APACHE
CORP
|
XXXXXXX
|
TX
|
GAS
|
0.5249 | 0.37793 | 0.000 | ||||||||||||
|
CHEROKEE
XXX XXX 00 XXXX
|
XXX
|
APACHE
CORP
|
XXXXXXX
|
TX
|
GAS
|
0.5249 | 0.37793 | 0.000 | ||||||||||||
|
XXXX
#2-27 PUD
|
PUD
|
RANKEN
ENERGY CORPORAT
|
XXXXXXX
|
OK
|
OIL
|
2 | 1.56 | |||||||||||||
|
CHEROKEE
PUD SEC 59 SWNE
|
PUD
|
APACHE
CORP
|
XXXXXXX
|
TX
|
GAS
|
0.5249 | 0.37793 | 0.000 | ||||||||||||
|
XXXXXXXXX
D3H PUD
|
PUD
|
RANGE
RESOURCES
|
DENTON
|
TX
|
GAS
|
0.625 | 0.4625 | |||||||||||||
|
XXXXXXXXXXXX
00-00 0 XXX
|
XXX
|
TELLUS
OPERATING GROUP
|
XXXX
DAV
|
MS
|
GAS
|
0.17578 | 0.1292 | |||||||||||||
|
XXXXXXXXX
D4H PUD
|
PUD
|
RANGE
RESOURCES
|
DENTON
|
TX
|
GAS
|
0.625 | 0.4625 | |||||||||||||
|
XXXXXX
0 XXX - 0
|
XXX
|
TELLUS
OPERATING GROUP
|
XXXX
DAV
|
MS
|
GAS
|
0.1296 | 0.11795 | |||||||||||||
|
XXXXXX
0-00 XXX - 0-00
|
XXX
|
LINN
OPERATING INC.
|
XXXXXX
|
OK
|
GAS
|
0.13365 | 0.1211 | |||||||||||||
|
GRAND
CANYON PUD 2
|
PUD
|
XXXXXXX
& XXXXX ENERGY
|
OTSEGO
|
MI
|
GAS
|
0.76765 | 0.58075 | |||||||||||||
|
GRAND
CANYON PUD 1
|
PUD
|
XXXXXXX
& XXXXX ENERGY
|
OTSEGO
|
MI
|
GAS
|
0.76765 | 0.58075 | |||||||||||||
|
Total
|
||||||||||||||||||||
|
Total
|
0.000 | |||||||||||||||||||
4
