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EXHIBIT 10.2
[UNION PACIFIC RESOURCES LETTERHEAD]
July 29, 1998
Xxxxx X. Xxxxxx, Chairman
United States Exploration, Inc.
0000 Xxxxxxxx, Xxxxx 0000
Xxxxxx, XX 00000
RE: First Amendment to that certain Exploration Agreement dated April 9,
1998, but effective as of June 1, 1998, by and between Union Pacific
Resources Company and United States Exploration, Inc. ("Exploration
Agreement")
Dear Xx. Xxxxxx:
United States Exploration, Inc. ("UXP") and Union Pacific Resources Company
("UPR") agree to amend the Exploration Agreement as follows:
1. UXP and UPR agree that an agreement between HS Resources,
Inc. and Union Pacific Resources Company dated June 27, 1994,
as amended, ("HS Agreement") was inadvertently left off of
Exhibit "D-2" attached to the Exploration Agreement. By
execution of this letter both parties agree to amend Exhibit
"D-2" such that it shall be deemed to include the HS
Agreement. The inclusion of the HS Agreement on Exhibit "D-2"
shall serve to place the HS Agreement under the requirements
stated in Article 8 of the Exploration Agreement, as amended
hereby.
2. The following sentence shall replace the last sentence of the
first paragraph in Article 8:
UPR shall decline all requests for modifications and
extensions to any of the Existing Agreements. Notwithstanding
any omission to Exhibit "D-2" of an agreement to which UPR is
subject, such omitted agreement shall be deemed an Existing
Agreement.
3. In line 8 of the first paragraph of Article 8, "Existing
Agreements" is changed to read "Excluded Lands."
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Xxxxx X. Xxxxxx, Chairman
July 29, 1998
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4. Notices (Article 20.10) to UPR shall now be directed to:
Union Pacific Resources Company
000 Xxxxxx Xxxxxx
Xxxx Xxxxx, Xxxxx 00000
Attention: Xxxxxxxx X. (Xxxxx) Xxxxxxx
Phone: 817/000-0000
Fax: 817/000-0000
Except as specifically amended herein, all other terms, covenants, conditions
and obligations shall remain the same as originally stated in said Exploration
Agreement. This First Amendment shall be effective as of June 1, 1998.
If the foregoing clearly represents our mutual understanding, please execute
and return one copy of this letter to the attention of Xxxxx Xxxxxxx at the
above address.
Very truly yours,
UNION PACIFIC RESOURCES COMPANY
By: /s/ XXXXXX X. XXXXXXX
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Its: Attorney in Fact
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AGREED TO AND ACCEPTED
this 31st day of July, 1998
UNITED STATES EXPLORATION, INC.
By: /s/ Xxxxx X. Xxxxxx
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Its: Xxxxx X. Xxxxxx, President
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