EX-10.1 3 d82176a7exv10w1.htm EX-10.1 exv10w1
Exhibit 10.1
FORM OF CONVEYANCE OF NET PROFITS INTEREST
     This Conveyance of Net Profits Interest (as may be amended, supplemented or otherwise modified from time to time, this “Conveyance”) has been executed on [_________ __], 2011 (the “Execution Date”), but is made effective as of the Effective Time (as defined below), from Enduro Operating LLC, a Texas limited liability company with a mailing address of 777 Main Street, Suite 800, Fort Worth, Texas 76102 and the last four digits of whose federal tax identification number are ____ (“Grantor”) and wholly owned subsidiary of Enduro Resource Partners LLC, a Delaware limited liability company (“Enduro Sponsor”), to Enduro Texas LLC, a Texas limited liability company with a mailing address of 777 Main Street, Suite 800, Fort Worth, Texas 76102 and the last four digits of whose federal tax identification number are ____ and wholly owned subsidiary of Enduro Sponsor (“Grantee”). The Parties acknowledge and agree that this Conveyance has been effected pursuant to the terms and conditions of that certain Agreement and Plan of Merger, dated as of the Effective Time, between Grantor and Grantee (the “Grantee Merger”).
     Grantor and Grantee are sometimes referred to herein individually as a “Party” and collectively as the “Parties.” Capitalized terms used in this Conveyance shall have the respective meanings ascribed to them in Article II.
ARTICLE I
GRANT OF NET PROFITS INTEREST
     For and in consideration of Ten and No/100 Dollars ($10.00) and other good and valuable consideration to Grantor paid by Grantee, the receipt and sufficiency of which are hereby acknowledged by Grantor, Grantor has bargained, sold, granted, conveyed, transferred, assigned, set over, and delivered, and by this Conveyance does hereby bargain, sell, grant, convey, transfer, assign, set over, and deliver unto Grantee, its successors and assigns, effective as of the Effective Time, the Net Profits Interest, which shall be calculated in accordance with the provisions of Article IV and payable solely out of the Net Profits derived from the gross proceeds attributable to the sale of the Subject Hydrocarbons, all as more fully provided hereinbelow.
     TO HAVE AND TO HOLD the Net Profits Interest, together with all and singular the rights and appurtenances thereto in anywise belonging, unto Grantee, its successors and assigns, subject, however, to the following terms and provisions:
ARTICLE II
INTERPRETATION; DEFINITIONS
     Section 2.1 Interpretation
          (a) All references in this Conveyance to Exhibits, Articles, Sections, subsections, clauses and other subdivisions refer to the corresponding Exhibits, Articles, Sections, subsections, clauses and other subdivisions of or to this Conveyance unless expressly provided otherwise. Titles or headings appearing at the beginning of any Exhibits, Articles, Sections, subsections, clauses and other subdivisions of this Conveyance are for convenience only, do not constitute any part of this Conveyance and shall be disregarded in construing the language hereof. The words “this Conveyance,” “herein,” “hereby,” “hereunder” and “hereof,” and words of similar import, refer to this Conveyance as a whole and not to any particular Article, Section, subsection, clause or other subdivision unless expressly so limited. The words

 


 

“this Article,” “this Section,” “this subsection,” “this clause,” and words of similar import, refer only to the Article, Section, subsection and clause hereof in which such words occur. The word “including” (in its various forms) means including without limitation. All references to “$” or “dollars” shall be deemed references to United States dollars. Each accounting term not defined herein will have the meaning given to it under GAAP as interpreted as of the date of this Conveyance. Unless expressly provided to the contrary, the word “or” is not exclusive. Pronouns in masculine, feminine or neuter genders shall be construed to state and include any other gender, and words, terms and titles (including terms defined herein) in the singular form shall be construed to include the plural and vice versa, unless the context otherwise requires. Exhibits referred to herein are attached to and by this reference incorporated herein for all purposes. Reference herein to any federal, state, local or foreign Law shall be deemed to also refer to all rules and regulations promulgated thereunder, unless the context requires otherwise. The terms “grant,” “convey,” “transfer” and “assign” or words of a similar nature, when used in relation to the Grantee Merger, shall mean “allocated to” and “vested in.”
          (b) As used in this Conveyance, in regard to Subject Interests located in Louisiana:
          (i) Each reference to “person” will include “juridical persons” as such term is used in the Louisiana Civil Code.
          (ii) Each reference to “lien” will include a reference to “privilege.”
          (iii) Each reference to “sale” or “conveyance” (and derivations thereof) will, if the context requires, include a reference to “assignment” and “transfer of ownership” as such terms are used in the Louisiana Civil Code.
          (iv) The term “fee interest” will refer to the rights of a landowner or a mineral servitude owner in minerals as used in the Louisiana Mineral Code. Each reference to “leaseholds” or “leasehold interests” will include a reference to “interests in a mineral lease” as contemplated by the Louisiana Mineral Code.
          (v) Each reference to “oil and gas lease” will include a reference to “operating agreements” within the scope of Louisiana Revised Statute 30:209.
          (vi) Each reference to “overriding royalty” will include a reference to “overriding royalty interest” within the scope of Louisiana Revised Statute 31:128.
          (vii) Each reference to “pooling or unitization agreement” will include a reference to “unitization orders,” and each reference to “pooled unit” will include a reference to units created by order or by agreement or declared pursuant to contractual authority.
          (viii) Each reference to “property” will include, as the context may require, “corporeals” and “incorporeals” and “movables” and “immovables” as such terms are used in the Louisiana Civil Code. Each reference to “real property” will include “immovables,” whether corporeal immovables or incorporeal immovables as the context may require, as such terms are used in the Louisiana Civil Code, and also “minerals rights” as such term is used in the Louisiana Mineral Code. Each reference to the term “personal property” will include “movables,” whether corporeal movables or incorporeal movables as the context may require, as such terms are used in the Louisiana Civil Code. Each reference to “fixtures” will include a reference to “component parts” as such term is used in the Louisiana Civil Code. Each reference to “easement” or “right-of-

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way” will include a reference to “servitude” as such term is used in the Louisiana Civil Code. Each reference to “running with the Subject Interests” will include the phrase “and a real right in the Subject Interests.”
     Section 2.2 Definitions
     “As used herein, the following terms shall have the respective meanings ascribed to them below:
     “Acquisition Date” shall mean the date on which Grantor or its Affiliate acquired the applicable Subject Interest.
     “Administrative Hedge Costs” shall mean those costs paid by Grantor after June 30, 2011 to counterparties under the Existing Hedges or to Persons that provide credit to maintain any Existing Hedge, but excluding any Hedge Settlement Costs.
     “Affiliate” shall mean with respect to a specified Person, any Person that directly or indirectly controls, is controlled by, or is under common control with, the specified Person. As used in this definition, the term “control” (and the related terms “controlling,” “controlled by,” and “under common control”) shall mean the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of a Person, whether through ownership of voting securities, by contract or otherwise.
     “Conveyance” shall have the meaning ascribed to it in the Preamble to this Conveyance.
     “Credits” shall have the meaning given such term in Section 4.1(b).
     “Debit Balance” shall have the meaning given such term in Section 4.2(b).
     “Debit Balance Amount” shall have the meaning given such term in Section 4.2(b).
     “Debits” shall have the meaning given such term in Section 4.1(b).
     “Effective Time” shall mean 7:00 a.m., Central Time, on June 1, 2011.
     “Eligible Materials” shall mean Materials for which amounts in respect of the cost of such Materials were properly debited to the Net Profits Account.

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     “Enduro Sponsor” shall have the meaning ascribed to it in the Preamble to this Conveyance.
     “Environmental Laws” shall mean, as the same have been amended to the date hereof, the Comprehensive Environmental Response, Compensation and Liability Act, 42 U.S.C. § 9601 et-seq.; the Resource Conservation and Recovery Act, 42 U.S.C. § 6901 et-seq.; the Federal Water Pollution Control Act, 33 U.S.C. § 1251 et-seq.; the Clean Air Act, 42 U.S.C. § 7401 et-seq.; the Hazardous Materials Transportation Act, 49 U.S.C. § 1471 et-seq.; the Toxic Substances Control Act, 15 U.S.C. §§ 2601 through 2629; the Oil Pollution Act, 33 U.S.C. § 2701 et-seq.; the Emergency Planning and Community Right-to-Know Act, 42 U.S.C. § 11001 et-seq.; and the Safe Drinking Water Act, 42 U.S.C. §§ 300f through 300j; and all similar laws as of the date hereof of any governmental body having jurisdiction over the property in question addressing pollution or protection of the environment and all regulations implementing the foregoing that are applicable to the operation and maintenance of the Subject Interests.
     “Excluded Deductions” shall mean deduction amounts related to any of the following items: (a) any amount that has also been used to reduce or offset the amount of the Subject Hydrocarbons (or proceeds of production thereof) or has otherwise not been included therein (including proceeds attributable to royalties, overriding royalties, production payments and other charges burdening the Subject Interests as of the Effective Time); (b) any overriding royalty, production payment or other charge burdening the Subject Interests which was created by Grantor after the Acquisition Date; (c) any general, administrative or overhead costs paid or incurred by Grantor or its Affiliates, except for those expressly permitted hereunder; (d) any interest, premiums, fees or similar charges arising out of borrowings or purchases of any goods, equipment or other items on credit, whether or not used on or otherwise related to the Subject Interests; (e) all Manufacturing Costs; (f) any amounts paid by Grantor (initial or a successor) to such Grantor’s predecessor in interest with respect to part or all of the Subject Interests (including without limitation any purchase price or other consideration paid by Grantor to such predecessor in interest to acquire all or part of the Subject Interests); (g) any amount arising from any condition, circumstance, activity, practice, incident, action, or plan that gives rise to any material liability, or otherwise form the basis of any claim, action, suit, proceeding, hearing or investigation, based on or related to the processing, distribution, use, treatment, storage, disposal, transport, or handling, or the emission, discharge, Release or threatened Release into the environment, of any pollutant, contaminant, or hazardous substance or other toxic material or waste from or attributable to the use or operation of any of the Subject Interests which either occurred prior to, on or after the Effective Time and are attributable to Grantor’s gross negligence or willful misconduct and (h) costs and expenses (not to exceed, in the aggregate, $9,100,000) arising out of operations covered by the AFEs for the wells set forth on Exhibit B.
     “Excluded Proceeds” shall mean the following proceeds and amounts:
          (a) any Offset Amounts, except that, for purposes of determining the proceeds and amounts that constitute “Excluded Proceeds” for purposes hereof, (i) there shall not be any deductions to such proceeds and amounts, in the cases of subsections (c), (h) and (j) of the definition for “Offset Amounts,” for the actual costs of salvage or disposition or any Manufacturing Costs, as applicable, (ii) cash payments received by Grantor as a result of any pooling or unitization of the Subject Interests shall be considered Excluded Proceeds regardless

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of whether the costs giving rise to such payments were charged to the Net Profits Interest and (iii) insurance proceeds received by Grantor shall be considered Excluded Proceeds regardless of whether the cost of such insurance was charged to the Net Profits Account;
          (b) any proceeds that are withheld from Grantor for any reason (other than at the request of Grantor), until such time that the proceeds are actually received by Grantor, provided that proceeds that are received by Grantor and promptly deposited by it with an escrow agent in order to resolve a dispute with respect thereto shall not be considered to be “received” by Grantor for purposes of this definition until the time that such amounts are actually collected by Grantor;
          (c) if Grantor becomes an underproduced party under any Gas balancing or similar arrangement affecting the Subject Interests, any amounts for any Gas attributable to the Subject Interests for which Grantor is entitled to receive as “make-up” Gas that would otherwise be attributable to the Subject Interests;
          (d) if Grantor becomes an overproduced party under any Gas balancing or similar arrangement affecting the Subject Interests, any amounts for any Gas taken by an underproduced party as “make-up” Gas that would otherwise be attributable to the Subject Interests;
          (e) any amount received by Grantor in respect of any production of Subject Hydrocarbons prior to the Effective Time;
          (f) any amount to which Grantor is entitled by virtue of a judgment of a court of competent jurisdiction resolving a dispute hereunder between Grantee and Grantor in favor of Grantor, or any amount paid to Grantor in settlement of such dispute;
          (g) except as set forth in Section 6.2, any amounts or compensation received by Grantor in connection with any Prior Reversionary Interest; and
          (h) any additional proceeds (i.e., proceeds attributable to the non-participating party) from the sale of Hydrocarbons related to any Subject Well with respect to which Grantor elects to be a participating party (whether such rights are available pursuant to an operating agreement or other agreement or arrangement) with respect to any operation with respect to such Subject Well for which another party or parties have elected not to participate in such operation (or have elected to abandon such Subject Well) and Grantor elects to pay the costs of such nonparticipating or abandoning party and as a result of which Grantor becomes entitled to receive, either temporarily (i.e., through a period of recoupment) or permanently such additional proceeds from the sale of Hydrocarbons related to such Subject Well.
     “Execution Date” shall have the meaning ascribed to it in the Preamble to this Conveyance.
     “Existing Hedges” shall mean the Hedges entered into by Grantor and described on Exhibit C.

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     “Fair Value” shall mean an amount equal to the excess, if any, of (a) the proceeds which could reasonably be expected to be obtained from the sale of such portion of the Net Profits Interest to a party which is not an Affiliate of either Grantor or Grantee on an arms-length negotiated basis, taking into account relevant market conditions and factors existing at the time of any such proposed sale or release, over (b) Grantee’s proportionate share of any sales costs, commissions and brokerage fees related to such sales.
     “GAAP” shall mean U.S. generally accepted accounting principles.
     “Gas” shall mean natural gas and other gaseous hydrocarbons or minerals, including helium, but excluding any Gas Liquids.
     “Gas Liquids” shall mean those natural gas liquids and other liquid hydrocarbons, including ethane, propane, butane and natural gasoline, and mixtures thereof, that are removed from a Gas stream by the liquids extraction process of any field facility or gas processing plant and delivered by the facility or plant as natural gas liquids.
     “Grantee” shall have the meaning ascribed to it in the Preamble to this Conveyance.
     “Grantee Merger” shall have the meaning ascribed to it in the Preamble to this Conveyance.
     “Grantor” shall have the meaning ascribed to it in the Preamble to this Conveyance.
     “Gross Deductions” shall mean the following costs and expenses (and, where applicable, losses, liabilities and damages), to the extent that the same (x) are properly allocable to the Subject Interests (and any related equipment or property used in connection therewith) and the production and marketing of Subject Hydrocarbons therefrom and (y) have been incurred or accrued by Grantor, from and after 7:00 a.m., Central Time, on July 1, 2011, but that are not attributable to a production month that occurs prior to 7:00 a.m., Central Time, on June 1, 2011 (excluding, in all instances, the Excluded Deductions):
          (a) all costs paid by Grantor (i) for drilling, development, production and abandonment operations (including activities necessary to gain access to and prepare well locations for drilling; operations and activities related to drilling and equipping Subject Wells and service wells; operations constituting or associated with workovers; the plugging and abandoning of any well or facility on the Subject Interests; and secondary recovery, pressure maintenance, repressuring, recycling and other operations conducted for the purpose of enhancing production from the Subject Interests), (ii) for all direct labor (including employee and fringe benefits) and other services necessary for drilling, operating, producing and maintaining the Subject Interests and workovers of any Subject Well, (iii) for treatment, dehydration, compression, separation and transportation of the Subject Hydrocarbons (including activities related to the acquisition, construction and installation of production and injection facilities), (iv) for all Materials purchased for use on, or in connection with, any of the Subject Interests and (v) for any other operations with respect to the exploration, development or operation of Subject Hydrocarbons (including costs for the maintenance of any Subject Well or facility on the Leases; replacement of any facilities; the restoration or remediation of the surface or subsurface sites associated with the Subject Interests or lands pooled or unitized therewith; and any marketing

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fees paid to non-Affiliates of Grantor); provided, however, that (A) the costs charged to the Net Profits Account for such items shall be made (1) on the same basis as such costs are charged under the operating agreement associated with the applicable portion of the Subject Interests at the time the transaction giving rise to such costs occurred, or (2) in the absence of such operating agreement, on the same basis as Grantor is charged under existing third party arrangements; and (B) if Grantor elects to pay the costs of a nonconsenting party or nonparticipating party with respect to which the gross proceeds derived from such costs are not credited to the Net Profits Account, Grantor shall be solely responsible for such costs;
          (b) (i) all losses, costs, expenses, liabilities and damages (including outside legal, accounting and engineering services) attributable to, or incident to the operation or maintenance of, the Subject Interests associated with (A) defending, prosecuting, handling, investigating or settling litigation, administrative proceedings, claims (including lien claims other than liens for borrowed funds), damages, judgments, fines, penalties and other liabilities, (B) the payment of judgments, penalties and other liabilities (including interest thereon), paid by Grantor and not reimbursed under insurance maintained by Grantor or others (including all losses, costs, expenses, liabilities and damages arising from third-party claims, lawsuits or causes of action for personal injury or death or damage to personal or real property (both surface and subsurface), including those losses, costs, expenses, liabilities and damages arising under Environmental Laws with respect to the Subject Interests or in any way from the environmental condition of the Subject Interests), (C) the payment or restitution of any proceeds of Subject Hydrocarbons, (D) complying with applicable local, state and federal statutes, ordinances, rules and regulations, and (E) tax or royalty audits, and (ii) any other loss, cost, expense, liability or damage (including settlement costs and reasonable attorneys’ fees) incurred by Grantor in relation to the Subject Interests not paid or reimbursed under insurance; excluding, in each instance, any expenses incurred by Grantor in litigation of any claim or dispute arising hereunder between the Parties or amounts paid by Grantor to Grantee pursuant to a final order entered by a court of competent jurisdiction resolving any such claim or dispute or amounts paid by Grantor to Grantee in connection with the settlement of any such claim or dispute;
          (c) all taxes, charges and assessments (excluding federal and state income, transfer, mortgage, inheritance, estate, franchise and like taxes) incurred, accrued or paid by Grantor with respect to the ownership of the Subject Interests or the extraction of the Subject Hydrocarbons, including production, severance or excise and other similar taxes, charges and assessments assessed against, or measured by, the production of (or the proceeds or value of production of) Subject Hydrocarbons, occupation taxes, gathering, pipeline, excise, sales, use and other taxes, and ad valorem and property taxes, charges and assessments assessed against or attributable to the Subject Interests or any equipment used in connection with production from any of the Subject Interests and any extraordinary or windfall profits taxes, charges and assessments that may be assessed in the future based upon profits realized or prices received from the sale of Subject Hydrocarbons;
          (d) all insurance premiums attributable to the ownership or operation of the Subject Interests paid by Grantor for insurance actually carried for periods after the Effective Time with respect to the Subject Interests, or any equipment located on any of the Subject Interests, or incident to the operation or maintenance of the Subject Interests;

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          (e) all amounts and other consideration paid by Grantor for (i) rent and the use of or damage to the surface, (ii) delay rentals, shut-in well payments, minimum royalties and similar payments, and (iii) fees for renewal, extension, modification, amendment, replacement or supplementation of the Leases included in the Subject Interests;
          (f) all amounts charged by the relevant operator as overhead, administrative or indirect charges specified in the applicable operating agreements or other arrangements now or hereafter covering the Subject Interests or operations with respect thereto;
          (g) to the extent Grantor is the operator of certain of the Subject Interests and there is no operating agreement covering such portion of the Subject Interests, those overhead, all administrative or indirect charges that are allocated by Grantor to such portion of the Subject Interests, to the extent that such charges are allocated in the same manner that Grantor allocates to other similarly owned and operated properties;
          (h) if, as a result of the occurrence of the bankruptcy or insolvency or similar occurrence of the purchaser of Subject Hydrocarbons, any and all amounts previously credited to the Net Profits Account are reclaimed from Grantor or its representative, then the amounts reclaimed as promptly as practicable following Grantor’s payment thereof;
          (i) all costs and expenses paid by Grantor for recording this Conveyance and, immediately prior to the last Payment Period, costs estimated in good faith to record the termination or release of this Conveyance;
          (j) all Administrative Hedge Costs paid by Grantor;
          (k) all Hedge Settlement Costs paid by Grantor;
          (l) all amounts previously included, or otherwise accounted for, in the calculation of Gross Profits but subsequently paid by Grantor as a refund, interest or penalty; and
          (m) at the option of Grantor, all amounts reserved for approved development expenditure projects, including amounts for drilling, recompletion and workover costs, provided that, such amounts, (i) to the extent not already spent or incurred by Grantor, will at no time exceed two million dollars ($2,000,000) in the aggregate, and (ii) shall not be included as part of the Gross Deductions in subsequent Payment Periods.
     “Gross Fair Value” means an amount equal to the Fair Value divided by eighty percent (80%).
     “Gross Profits” shall mean, for each Payment Period following the Effective Time, an amount equal to the sum of (excluding, in all instances, the Excluded Proceeds) the gross proceeds received by Grantor during the applicable Payment Period (and that are not attributable to a production month that occurs prior to the Effective Time) from the sale of all Subject Hydrocarbons, including the following proceeds and amounts: (a) all proceeds and consideration received, directly or indirectly, for advance payments and payments under take-or-pay and similar provisions of Production Sales Contracts when credited against the price for delivery of production; and (b) all proceeds and amounts received by Grantor (i) from any “make up” Gas

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taken by Grantor as a result of its position as an underproduced party under any Gas balancing or similar arrangement affecting the Subject Interests, (ii) received as a balancing of accounts under a Gas balancing or other similar arrangement affecting the Subject Interests either as an interim balancing or at the depletion of the reservoir, and (iii) for any Gas taken by Grantor attributable to the Subject Interests in excess of its entitlement share of such Gas; provided, however, that Gross Profits (A) shall not include any Manufacturing Proceeds and (B) in the event that Subject Hydrocarbons are Processed prior to sale, shall only include the Payment Value of such Subject Hydrocarbons before any such Processing.
     “Gross Reversionary Compensation” means an amount equal to (a) that portion of the Reversionary Compensation that is attributable to the Net Profits Interest released pursuant to Section 6.2 divided by (b) eighty percent (80%).
     “Hedge” shall mean any commodity hedging transaction pertaining to Hydrocarbons, whether in the form of (a) forward sales and options to acquire or dispose of a futures contract solely on an organized commodities exchange, (b) derivative agreements for a swap, cap, collar or floor of the commodity price, or (c) similar types of financial transactions classified as “notional principal contracts” pursuant to Treasury Regulation § 1.988-1(a)(2)(iii)(B)(2).
     “Hedge Settlement Costs” shall mean any and all payments required to be made by Grantor after June 30, 2011 to the counterparties in connection with the settlement or mark-to-market of trades made under any Existing Hedge and all payments made by Grantor for any early termination of any Existing Hedge.
     “Hedge Settlement Revenues” shall mean any and all payments received by Grantor after June 30, 2011 from the counterparties in connection with the settlement or mark-to-market of trades made under any Existing Hedge and all payments received by Grantor for any early termination of any Existing Hedge.
     “Hydrocarbons” shall mean Oil, Gas and Gas Liquids.
     “Lease” shall mean, subject to the depth limitations and other restrictions that may be set forth therein, (a) the oil and gas leases, oil, gas and mineral leases, subleases and other leaseholds, contractual rights, and other rights to hydrocarbons set forth on Exhibit A as to all lands and depths described in such lease (or the applicable part or portion thereof, if limited in depth or areal extent in Exhibit A) and any interest therein and any leasehold interest in any other lease of Hydrocarbons derived from the pooling or unitization of each such lease (or portion thereof, if limited in depth or areal extent in Exhibit A) with other leases, together with any interest acquired or maintained in any and all renewals and extensions of such lease, (b) any replacement lease taken upon or in anticipation of termination of such lease (if executed and delivered during the term of or within one year after the expiration of the predecessor lease), as to all lands and depths described in the predecessor lease and in which Grantor had an interest under the predecessor lease (unless the extended or predecessor lease is specifically limited in depth or areal extent in Exhibit A, in which event only the corresponding portion of such lease shall be considered a renewal or extension or a replacement lease subject to this Conveyance), and (c) any other leasehold, royalty, overriding royalty or fee interest described on Exhibit A.

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     “Manufacturing Costs” shall mean the costs of Processing that generate Manufacturing Proceeds received by Grantor.
     “Manufacturing Proceeds” shall mean the excess, if any, of (a) proceeds received by Grantor from the sale of Subject Hydrocarbons that are the result of any Processing over (b) the part of such proceeds that represents the Payment Value of such Subject Hydrocarbons before any Processing.
     “Materials” shall mean materials, supplies, equipment and other personal property or fixtures located on or used in connection with the Subject Interests.
     “Monthly Statement” shall have the meaning given such term in Section 4.5.
     “Net Deductions” shall mean, for each Payment Period following the Effective Time, an amount equal to the excess, if any, of (a) the sum of the Gross Deductions over (b) the sum of the Offset Amounts.
     “Net Profits” shall have the meaning given such term in Section 4.2(a).
     “Net Profits Account” shall mean the account maintained in accordance with the provisions of Section 4.1.
     “Net Profits Interest” shall mean an overriding royalty calculated as a variable undivided percentage interest in and to the Subject Hydrocarbons entitling Grantee to receive a sum equal to the Proceeds Percentage of the Net Profits for each Payment Period for the term of this Conveyance.
     “NPI Calculation” shall have the meaning given such term in Section 4.2(a).
     “NPI Payout” shall have the meaning given such term in Section 4.2(a).
     “Offset Amounts” shall mean the following amounts (net of any applicable taxes):
          (a) any amounts received by Grantor as delay rentals, bonus, royalty or other similar payments;
          (b) any amounts received by Grantor in connection with, or for dry hole, bottom hole or other similar contributions related to, the Subject Interests;
          (c) upon salvage or other disposition, the applicable actual salvage value (determined in accordance with the applicable operating agreement then in effect and binding upon Grantor or, in the absence of such agreement, based on the fair market value of such items in the region in which they are located) of any Eligible Materials, less, in each instance, the actual costs of salvage or other disposition paid or incurred by Grantor in connection with such sale;

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          (d) any cash payments received by Grantor as a result of any pooling or unitization of the Subject Interests if the costs giving rise to such payments were charged to the Net Profits Account, directly or indirectly;
          (e) any insurance proceeds received by Grantor as a result of any loss, liability or damage relating to the Subject Interests, Eligible Materials or Subject Hydrocarbons if the cost of such insurance was charged to the Net Profits Account;
          (f) any amounts received by Grantor from third parties as rental or use fees for Eligible Materials;
          (g) the gross proceeds of any judgments or claims received by Grantor for damages occurring on or after the Effective Time to (i) the Subject Interests, (ii) any Eligible Materials and (iii) any Subject Hydrocarbons;
          (h) to the extent not covered under subsection (c) above, any proceeds received by Grantor from the sale of Eligible Materials less the actual costs paid or incurred by Grantor in connection with such sale;
          (i) any payments made to Grantor in connection with the drilling or deferring of drilling of any Subject Well;
          (j) for any Subject Hydrocarbons that are Processed before sale, the excess, if any, of the Manufacturing Proceeds arising therefrom (that are received by Grantor) over the Manufacturing Costs of such Processing (that are paid or incurred by Grantor);
          (k) any interest, penalty or other amount not derived from the sale of the Subject Hydrocarbons that is paid to Grantor by the purchaser of production or escrow agent in connection with proceeds withheld or deposited with an escrow agent;
          (l) any Hedge Settlement Revenues;
          (m) in the event that any such Transfers occur, the Gross Fair Value of the Net Profits Interest released during the relevant Payment Period in connection with the Transfers described in Section 6.1(a)(ii); and
          (n) any amounts of Gross Reversionary Compensation associated with a conveyance of all or any portion of the Subject Interests, or cessation of production from any Subject Well, in connection with a Prior Reversionary Interest pursuant to Section 6.2.
     “Oil” shall mean crude oil, condensate and other liquid hydrocarbons recovered by field equipment or facilities, excluding Gas Liquids.
     “Party” or “Parties” shall have the meaning ascribed to it in the Preamble to this Conveyance.
     “Payment Period” shall mean a calendar month, provided that for purposes of the Net Profits Interest, (a) the first Payment Period shall mean the period from and after the Effective

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Time until September 30, 2011, and (b) the last Payment Period shall mean any portion of the calendar month during which the expiration of the term of this Agreement occurs from the beginning of such calendar month until and including the date of such expiration.
     “Payment Value” of any Subject Hydrocarbons shall mean:
          (a) With respect to Oil and Gas Liquids, (i) the highest price available to Grantor for such Oil and Gas Liquids at the Lease on the date of delivery pursuant to a bona fide offer, posted price or other generally available marketing arrangement from or with a non-Affiliate purchaser, or (ii) if no such offer, posted price or arrangement is available, the fair market value of such Oil or Gas Liquids, on the date of delivery at the Lease, determined in accordance with generally accepted and usual industry practices; and
          (b) With respect to Gas, (i) the price specified in any Production Sales Contract for the sale of such Gas, or (ii) if such Gas cannot be sold pursuant to a Production Sales Contract, (A) the average of the three highest prices (adjusted for all material differences in quality) being paid at the time of production for Gas produced from the same field in sales between non-affiliated Persons (or, if there are not three such prices within such field, within a 50-mile radius of such field) but, for any Gas subject to price restrictions established, prescribed or otherwise imposed by any governmental authority having jurisdiction over the sale of such Gas, no more than the highest price permitted for such category or type of Gas after all applicable adjustments (including tax reimbursement, dehydration, compression and gathering allowances, inflation and other permitted escalations), or (B) if subsection (b)(ii)(A) above is not applicable, the fair market value of such Gas, on the date of delivery, at the Lease, determined in accordance with generally accepted and usual industry practices.
          “Permitted Encumbrances” shall mean the following insofar as they cover, describe or relate to the Subject Interests or the lands described in any Lease:
          (a) the terms, conditions, restrictions, exceptions, reservations, limitations and other matters contained in the agreements, instruments and documents that create or reserve to Grantor its interests in any of the Leases, including any Prior Reversionary Interest;
          (b) any (i) undetermined or inchoate liens or charges constituting or securing the payment of expenses that were incurred incidental to maintenance, development, production or operation of the Leases or for the purpose of developing, producing or processing Hydrocarbons therefrom or therein, and (ii) materialman’s, mechanics’, repairman’s, employees’, contractors’, operators’ or other similar liens or charges for liquidated amounts, in each case, arising in the ordinary course of business that Grantor has agreed to pay or is contesting in good faith in the ordinary course of business;
          (c) any liens for taxes and assessments not yet delinquent or, if delinquent, that are being contested in good faith by Grantor in the ordinary course of business;
          (d) any liens or security interests created by law or reserved in any Lease for the payment of royalty, bonus or rental, or created to secure compliance with the terms of the agreements, instruments and documents that create or reserve to Grantor its interests in the Leases;

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          (e) any obligations or duties affecting the Leases to any municipality or public authority with respect to any franchise, grant, license or permit, and all applicable laws, rules, regulations and orders of any governmental authority;
          (f) any (i) easements, rights-of-way, servitudes, permits, surface leases and other rights in respect of surface operations, pipelines, grazing, hunting, lodging, canals, ditches, reservoirs or the like, and (ii) easements for streets, alleys, highways, pipelines, telephone lines, power lines, railways and other similar rights-of-way, on, over or in respect of the lands described in the Leases;
          (g) all lessors’ royalties, overriding royalties, net profits interests, carried interests, production payments, reversionary interests and other burdens on the Subject Interests or deductions from the proceeds of production attributable to the Subject Interests created or in existence as of the Acquisition Date;
          (h) preferential rights to purchase or similar agreements and required third party consents to assignments or similar agreements created or in existence as of the Acquisition Date;
          (i) all rights to consent by, required notices to, filings with, or other actions by any Person in connection with the Transfer of the Leases or interests therein;
          (j) production sales contracts; division orders; contracts for sale, purchase, exchange, refining or processing of Hydrocarbons; unitization and pooling designations, declarations, orders and agreements; operating agreements; agreements for development; area of mutual interest agreements; gas balancing or deferred production agreements; processing agreements; plant agreements; pipeline, gathering and transportation agreements; injection, repressuring and recycling agreements; salt water or other disposal agreements; seismic or geophysical permits or agreements; and any and all other agreements entered into by Grantor or its Affiliates in connection with the exploration or development of the Leases or the extraction, processing or marketing of production therefrom or to which any of the Leases were subject as of the Acquisition Date; and
          (k) conventional rights of reassignment that obligate Grantor to reassign all or part of a property to a third party if Grantor intends to release or abandon such property, including any Prior Reversionary Interest.
     “Person” shall mean any individual, partnership, limited liability company, corporation, trust, unincorporated association, governmental agency, subdivision, instrumentality, or other entity or association.
     “Prime Rate” means the rate of interest published from time to time as the “Prime Rate” in the “Money Rates” section of The Wall Street Journal.
     “Prior Reversionary Interest” shall mean any contract, agreement, lease, deed, conveyance or operating agreement that exists as of the Effective Time or that burdened the Subject Interests at the Acquisition Date, that by the terms thereof requires a Person to convey a part of the Subject Interests (or the Net Profits Interest with respect to any part of the Subject

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Interests) to another Person or to permanently cease production of any Subject Well, including obligations arising pursuant to any operating agreements, Leases, and other similar agreements or instruments affecting or burdening the Subject Interests.
     “Proceeds Percentage” shall mean eighty percent (80%).
     “Processing” or “Processed” shall mean to manufacture, fractionate or refine Subject Hydrocarbons, but such terms do not mean or include activities involving the use of normal lease or well equipment (such as dehydrators, gas treating facilities, mechanical separators, heater-treaters, lease compression facilities, injection or recycling equipment, tank batteries, field gathering systems, pipelines and equipment and similar items) to treat or condition Hydrocarbons or other normal operations on any of the Subject Interests.
     “Production Sales Contracts” shall mean all contracts, agreements and arrangements for the sale or disposition of Hydrocarbons.
     “Release” shall mean any depositing, spilling, leaking, pumping, pouring, placing, emitting, discarding, abandoning, emptying, discharging, migrating, injecting, escaping, leaching, dumping or disposing into the environment.
     “Reversionary Compensation” shall have the meaning given such term in Section 6.2.
     “Subject Hydrocarbons” shall mean all Hydrocarbons in and under and that may be produced, saved, and sold from, and are attributable to, the Subject Interests from and after the Effective Time, after deducting the appropriate share of all royalties and any overriding royalties, production payments, net profits interests and other similar charges (except the Net Profits Interest) burdening the Subject Interests as of the Acquisition Date to the extent such burdens were still in force and effect at the Effective Time, provided that, (a) there shall not be included in the Subject Hydrocarbons (i) any Hydrocarbons attributable to non-consent operations conducted with respect to the Subject Interests (or any portion thereof) as to which Grantor shall be a non-consenting party as of the Effective Time that are dedicated to the recoupment or reimbursement of costs and expenses of the consenting party or parties by the terms of the relevant operating agreement, unit agreement, contract for development, or other instrument providing for such non-consent operations (including any interest, penalty or other amounts related thereto), or (ii) any Hydrocarbons lost in production or marketing or used by Grantor for drilling, production or plant operations (including fuel, secondary or tertiary recovery) conducted solely for the purpose of producing Subject Hydrocarbons from the Subject Interests, and (b) there shall be included in the Subject Hydrocarbons any Hydrocarbons attributable to non-consent operations conducted with respect to the Subject Interests (or any portion thereof) as to which Grantor shall be a non-consenting party as of the Effective Time that are produced, saved, and sold from, and are attributable to the Subject Interests after the Effective Time from and after the recoupment or reimbursement of costs and expenses (including any interest, penalty or other amounts related thereto) of the consenting party or parties by the terms of the relevant operating agreement, unit agreement, contract agreement, contract development, or other instruments providing for such non-consent operations.

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     “Subject Interests” shall mean each kind and character of right, title, claim, or interest (solely for purposes of this definition, collectively “rights”) that Grantor has or owns in the Leases and the Subject Wells, whether such rights be under or by virtue of a lease, a unitization or pooling order or agreement, an operating agreement, a division order, or a transfer order or be under or by virtue of any other type of claim or title, legal or equitable, recorded or unrecorded, even though Grantor’s interest be incorrectly or incompletely described in, or a description thereof omitted from, Exhibit A, all as such rights shall be (a) enlarged or diminished by virtue of the provisions of Section 5.2, and (b) enlarged by the discharge of any obligations for payments out of production or by the removal of any charges or encumbrances to which any of such rights are subject at the Effective Time (provided that such discharge or removal is pursuant to the express terms of the instrument that created such charge, obligation or encumbrance) and any and all renewals, extensions and replacements of the right occurring within one year after the expiration of such rights.
     “Subject Well” shall mean each well (whether now existing or hereinafter drilled) on the Leases in respect of which Grantor owns any interest or is entitled to any of the Hydrocarbons production or the proceeds therefrom (including directly or indirectly by virtue of the effect of any farmout or farmin provisions or other provisions).
     “Transfer” shall mean any assignment, sale, transfer, conveyance, donation, exchange, or disposition of any property (and shall include any derivative variants of each such term); provided, however, that, as used herein, the term “Transfer” shall not include the granting of a security interest, pledge, or mortgage in or of Grantor’s interest in any property, including the Subject Interests or the Subject Hydrocarbons.
ARTICLE III
SPECIAL WARRANTY OF TITLE
     Grantor warrants title to the Net Profits Interest, subject to the Permitted Encumbrances, unto Grantee, its successors and assigns, against all persons whomsoever lawfully claiming or to claim the same, or any part thereof, by, through or under Grantor, but not otherwise. Grantor transfers to Grantee by way of substitution and subrogation (to the fullest extent that same may be transferred), all rights or actions over and against all of Grantor’s predecessors, covenantors or warrantors of title (other than Affiliates of Grantor). Grantor’s special warranty of title set forth in this Article III is understood to include, in regard to Subject Interests located in Louisiana, an express exclusion of the warranty against eviction as provided in Article 2503 of the Louisiana Civil Code, including any obligation on the part of Grantor for return of the price or other consideration given.
ARTICLE IV
ESTABLISHMENT OF NET PROFITS ACCOUNT
     Section 4.1 Net Profits Account.
          (a) In order to account for, track and make the payments associated with the Net Profits Interest, Grantor shall establish and maintain true and correct books and records in order to determine the credits and debits to a Net Profits Account to be maintained by Grantor at

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all times during the term hereof. The Net Profits Account will be maintained in accordance with the terms of this Conveyance and prudent and accepted accounting principles.
          (b) From and after the Execution Date with respect to each Payment Period, (i) the Net Profits Account shall be credited with an amount equal to the sum of the Gross Profits (subject to the deduction described in Section 4.4(a)) received by Grantor from the sale of all Subject Hydrocarbons during the applicable Payment Period (the “Credits”), and (ii) the Net Profits Account shall be debited with an amount equal to the sum of the Net Deductions during the applicable Payment Period (subject to the following two sentences) (the “Debits”). If, in calculating the amount of Net Deductions for any Payment Period, the Offset Amounts exceed the Gross Deductions, then the Net Deductions for that Payment Period shall be zero, and such excess, plus interest on such excess amount at the Prime Rate for the period between the last day of the preceding Payment Period and the date the excess amount has been used to reduce the Net Deductions in succeeding Payment Periods, shall be applied to reduce the Net Deductions in each succeeding Payment Period until exhausted. Under no circumstances shall the amount paid in respect of any Payment Period exceed eighty percent (80%) of Gross Profits for such Payment Period.
          (c) The Credits and Debits to the Net Profits Account shall not be interpreted or applied in any manner that (i) results in any duplication of all or any part of any such Credit or Debit (or reduction thereto) under this Conveyance, or (ii) ever results in the inclusion of any charge to the Net Profits Account that is reimbursed to Grantor by any Person.
          (d) GRANTEE ACKNOWLEDGES AND AGREES THAT THE PROVISIONS ESTABLISHING AND MAINTAINING THE NET PROFITS ACCOUNT AND THE DEBITING OF ITEMS THERETO SHALL BE APPLICABLE REGARDLESS OF WHETHER THE LOSSES, COSTS, EXPENSES, LIABILITIES AND DAMAGES THAT MAY BE DEBITED IN ACCORDANCE WITH THIS CONVEYANCE AROSE SOLELY OR IN PART FROM THE ACTIVE, PASSIVE OR CONCURRENT NEGLIGENCE, STRICT LIABILITY OR OTHER FAULT OF GRANTOR OR ANY OF ITS AFFILIATES, OTHER THAN LOSSES, COSTS, EXPENSES, LIABILITIES AND DAMAGES THAT AROSE FROM THE GROSS NEGLIGENCE OR WILLFUL MISCONDUCT OF GRANTOR OR ANY OF ITS AFFILIATES, WHICH SHALL NOT BE DEBITED TO THE NET PROFITS ACCOUNT. NOTWITHSTANDING THE FOREGOING, NOTHING IN THIS CONVEYANCE SHALL BE CONSTRUED AS A WAIVER OR RELEASE OF GRANTOR FROM ANY CLAIM, ACTION OR LIABILITY ARISING UNDER SECTION 5.1(a).
     Section 4.2 Accounting and Payment.
          (a) Following the conclusion of each Payment Period, a calculation (the “NPI Calculation”) shall be made by Grantor by deducting (i) (A) the total Debits for such Payment Period and (B) the absolute value of the Debit Balance Amount, if any, carried forward in the Net Profits Account at the beginning of such Payment Period from (ii) the total Credits for such Payment Period. If the NPI Calculation results in a positive amount with respect to the Payment Period (the “Net Profits”), then (i) that positive amount shall be subtracted from the balance of the Net Profits Account to cause the Net Profits Account to have a zero balance immediately following the end of such Payment Period, (ii) that positive amount shall be multiplied by the

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Proceeds Percentage, and (iii) the resulting product thereof (the “NPI Payout”) shall be payable to Grantee as specified in Section 4.3.
          (b) If the NPI Calculation results in a negative amount with respect to a Payment Period, the negative sum shall be deemed the “Debit Balance” for purposes hereof; and no payments shall be made to Grantee in respect of the Net Profits Interest nor shall Grantee ever be liable to make any payment to Grantor in respect of the Debit Balance. Any Debit Balance, plus interest on such amount at the Prime Rate for the period between the last day of the Payment Period that resulted in such Debit Balance and the last day of the next Payment Period, (the “Debit Balance Amount”) shall be carried forward in the Net Profits Account for the following Payment Period.
          (c) All amounts received by Grantor from the sale of the Subject Hydrocarbons for any Payment Period shall be held by Grantor in one of its general bank accounts and Grantor shall not be required to maintain a segregated account for such funds.
     Section 4.3 Payment of NPI Payout. For each Payment Period, Grantor shall transfer or cause to be transferred to Grantee an amount equal to the NPI Payout, if any, with respect to the Payment Period on or before the last day of the month that follows such period. All funds payable to Grantee on account of the Net Profits Interest shall be calculated and paid entirely and exclusively out of the Net Profits.
     Section 4.4 Overpayment; Past Due Payments.
          (a) If Grantor ever pays Grantee more than the amount of money then due and payable to Grantee under this Conveyance, Grantee shall not be obligated to return the overpayment, but Grantor may at any time thereafter reduce the NPI Payout by, and retain for its own account, an amount equal to the overpayment, plus interest at the Prime Rate on such amount for the period between the fifteenth (15th) day after the date of the overpayment and the date such amount is recovered by Grantor. In order to exercise its rights under this Section 4.4(a), Grantor must give Grantee written notice with respect to any such overpayment, together with supporting information and data.
          (b) Any amount not paid by Grantor to Grantee with respect to the Net Profits Interest when due shall bear, and Grantor hereby agrees to pay, interest at the Prime Rate from the due date until such amount has been paid. Grantor shall give Grantee written notice with respect to any such past due payment, together with supporting information and data.
     Section 4.5 Statements. For each Payment Period, Grantor shall deliver to Grantee a statement (“Monthly Statement”) showing the NPI Calculation with respect to the Payment Period on or before the last day of the month that follows such period. Additionally, the Monthly Statement delivered in July shall also show the computation of the NPI Calculation for the preceding calendar year. In order for Grantee to take exception to any item or items included in any Monthly Statement, Grantee must notify Grantor in writing within one hundred and twenty (120) days after the end of the calendar year with respect to which such Monthly Statement relates. Such notice must set forth in reasonable detail the specific Debits or Credits to which exception is taken. Adjustments shall be made for all exceptions that are agreed to by the Parties. All

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matters contained in Monthly Statements that are not objected to by Grantee in the manner provided by this Section 4.5 shall be conclusively deemed correct.
     Section 4.6 Information; Access. Grantor shall maintain true and correct books, records and accounts of (a) all transactions required or permitted by this Conveyance (including all financial information necessary to reflect such transactions), and (b) the financial information necessary to make the NPI Calculation with respect to any Payment Period. Grantee or its representative, at Grantee’s expense and upon reasonable prior written notice, may inspect and copy such books, records, and accounts, and such other documents, contracts and information as may be reasonably requested by Grantee, in Grantor’s office during normal business hours. At Grantee’s request, subject to applicable restrictions on disclosure and transfer of information, Grantor shall give Grantee and its designated representatives reasonable access in Grantor’s office during normal business hours to (i) all production data in Grantor’s possession or Grantor’s Affiliates’ possession, relating to operations on the Subject Interests, and (ii) all reserve reports and reserve studies in the possession of Grantor or of Grantor’s Affiliates, relating to the Subject Interests, whether prepared by Grantor, by Grantor’s Affiliates, or by consulting engineers. GRANTOR MAKES NO (AND GRANTEE HEREBY WAIVES ANY) REPRESENTATIONS OR WARRANTIES ABOUT THE ACCURACY OR COMPLETENESS OF ANY SUCH DATA, REPORTS, OR STUDIES REFERRED TO IN THIS SECTION 4.6, AND GRANTOR SHALL HAVE NO LIABILITY TO GRANTEE OR ANY OTHER PERSON RESULTING FROM SUCH DATA, STUDIES, OR REPORTS OR THE USE THEREOF.
ARTICLE V
OPERATION OF THE SUBJECT INTERESTS
     Section 5.1 Operations.
          (a) To the extent that it has the right to do so under the terms of any lease, operating agreement or similar instrument affecting or pertaining to the Subject Interests, Grantor shall conduct and carry on, or use commercially reasonable efforts to cause the operator thereof to conduct and carry on, the operation and maintenance of the Subject Interests in the same manner as a reasonably prudent operator in the State in which the applicable portion of the Subject Interests is located would under the same or similar circumstances acting with respect to its own properties (without regard to the existence of the Net Profits Interest).
          (b) As to any third Person, the acts of Grantor shall be binding on Grantee, and it shall not be necessary for Grantee to join with Grantor in the execution or ratification of any operating agreement, unit operating agreement, contract for development, or similar instrument affecting or pertaining to any of the Subject Interests.
          (c) Grantee acknowledges that Grantor is not the only undivided interest owner in the properties underlying the Subject Interests. As such, Grantee agrees that the acts or omissions of Grantor’s co-owners shall not be deemed to constitute a violation of the provisions of Section 5.1(a), nor shall any action required by a vote of co-owners be deemed to constitute such a violation so long as Grantor has voted its interest in a manner designed to comply with Section 5.1(a).

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          (d) WITHOUT LIMITING THE FOREGOING, (i) THE PARTIES ACKNOWLEDGE THAT GRANTEE HAS NO RIGHT OR POWER TO PROPOSE THE DRILLING OF A WELL OR ANY OTHER OPERATIONS, TO DETERMINE THE TIMING OR SEQUENCE OF ANY OPERATIONS, TO COMMENCE OR SHUT DOWN PRODUCTION, TO TAKE OVER OPERATIONS, OR TO SHARE IN ANY OPERATING DECISION WHATSOEVER OR IN ANY DECISION PERTAINING TO THE MARKETING AND SALE OF PRODUCTION WHATSOEVER AND, (ii) THE PARTIES HEREBY EXPRESSLY NEGATE ANY INTENT TO CREATE (AND THIS CONVEYANCE SHALL NEVER BE CONSTRUED AS CREATING) A MINING OR OTHER PARTNERSHIP OR JOINT VENTURE OR OTHER RELATIONSHIP SUBJECTING GRANTOR AND GRANTEE TO JOINT LIABILITY OR ANY OTHER DUTIES BETWEEN GRANTOR AND GRANTEE (EXCEPT THOSE EXPRESSLY SET FORTH HEREIN).
     Section 5.2 Pooling and Unitization
          (a) Certain of the Subject Interests may have been heretofore pooled or unitized for the production of Hydrocarbons. Such Subject Interests are and shall be subject to the terms and provisions of such pooling or unitization agreements, and this Conveyance shall apply to and affect only the production of Hydrocarbons from such units which accrues to such Subject Interests under and by virtue of the applicable pooling and unitization agreements.
          (b) Grantor shall have (without the further consent of or notice to Grantee) the right to pool or unitize all or any of the Subject Interests (and the Net Profits Interest) and to alter, change, amend or terminate any pooling or unitization agreements heretofore or hereafter entered into, as to all or any part of the lands covered by the Leases, as to one or more of the formations or horizons thereunder, when, in the reasonable judgment of Grantor, it is necessary or advisable to do so in order to facilitate the orderly development of the Subject Interests or to comply with the requirements of any law or governmental order or regulation relating to the spacing of wells or proration of the production therefrom. For purposes of computing Net Profits, there shall be allocated to the Subject Interests included in such unit a pro rata portion of the Hydrocarbons produced from the pooled unit on the same basis that production from the pool or unit is allocated to other working interests in such pool or unit by virtue of the applicable pooling or unitization agreement. The interest in any such unit allocable to the Subject Interests included therein shall become a part of the Subject Interests and shall be subject to the Net Profits Interest.
     Section 5.3 Non-Consent. Grantor shall have (without the further consent of or notice to Grantee) the right to elect not to participate in any operations that are to be conducted under the terms of any operating agreement, unit operating agreement, contract for development, or similar instrument affecting or pertaining to any of the Subject Interests. If Grantor elects to be a non-participating party under any such arrangement with respect to any operation on any portion of the Subject Interests or elects to be an abandoning party with respect to a Subject Well, the consequence of which election is that Grantor’s interest in such Subject Well is temporarily (i.e., during a recoupment period) or permanently relinquished to the parties participating in such operations, or electing not to abandon such Subject Well, then the costs and proceeds attributable to such relinquished interest shall not, for the period of such relinquishment (which may be a continuous and permanent period), be debited or credited to the Net Profits Account and such relinquished interest shall not, for the period of such relinquishment, be considered to be subject to the Net Profits Interest.

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Notwithstanding the foregoing, Grantor shall not elect, as to any portion of the Subject Interests, to be a non-participating party with respect to any operation contemplated in this Section 5.3 in the event any Affiliate of Grantor will also be a participating party in such operation.
     Section 5.4 Marketing. Grantor shall have exclusive charge and control of the marketing of all Subject Hydrocarbons. Grantor shall market or cause to be marketed all commercial quantities of the Subject Hydrocarbons in accordance with Section 5.1(a), and shall not be entitled to deduct from the calculation of the Net Profits any fee for marketing the Subject Hydrocarbons allocable to the Net Profits Interest other than fees for marketing paid to non-Affiliates. Grantor shall not enter into any Hedges (other than the Existing Hedges) with respect to the Subject Hydrocarbons from and after the Effective Time or modify or terminate the Existing Hedges. Grantee shall have no right to take in kind any Subject Hydrocarbons.
     Section 5.5 Leases. Grantor shall have the right to renew, extend, modify, amend or supplement the Leases with respect to any of the lands or depths covered thereby without the consent of Grantee. The Net Profits Interest shall apply to all such renewals, extensions, modifications, amendments and supplements of the Leases (but solely as to all lands and depths described in the predecessor lease and in which Grantor had an interest under the predecessor lease), and no renewal, extension, modification, amendment, or supplement shall adversely affect any of Grantee’s rights hereunder. Any fees payable with respect to such renewal, extension, modification, amendment or supplement shall be considered Gross Deductions for purposes hereof. Grantor shall promptly furnish Grantee with written notice of any renewal, extension, modification, amendment, or supplementation that materially affects the Net Profits Interest identifying the location and the acreage covered thereby.
     Section 5.6 Abandonment. Grantor shall have (without further consent of or notice to Grantee) the right to release, surrender or abandon its interest in any portion of the Subject Interests that Grantor reasonably believes, in accordance with the standard set forth in Section 5.1(a), will no longer produce (or be capable of producing) Subject Hydrocarbons in paying quantities. The effect of such release, surrender or abandonment will be to release, surrender or abandon the Net Profits Interest insofar as the Net Profits Interest covers the applicable portion of the Subject Interests so released, surrendered or abandoned by Grantor. Following any such release, surrender or abandonment, Grantor will promptly notify Grantee in writing of the portion of the Subject Interests that has been released, surrendered or abandoned, and the date on which such release, surrender or abandonment has occurred. Further, Grantor shall have the right to release, surrender or abandon any portion of the Subject Interests if (a) such release, surrender or abandonment is necessary for health, safety or environmental reasons, or (b) the Subject Hydrocarbons that would have been produced from the released, surrendered or abandoned portion of the Subject Interests would reasonably be expected to be produced from Subject Wells located on the remaining portion of the Subject Interests.
     Section 5.7 Contracts with Affiliates. Grantor and its Affiliates may perform services and furnish supplies or equipment with respect to the Subject Interests that are required to operate the Subject Interests and treat the costs of such services or furnishing of such supplies or equipment as Gross Deductions for purposes hereof. The terms of the provision of such services or furnishing of supplies or equipment shall be substantially similar to those terms available from non-Affiliates in the same area as the applicable portion of the Subject Interests that are engaged in the business of rendering comparable services or furnishing comparable equipment and

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supplies, taking into consideration all such terms, including the price, term, condition of supplies or equipment, and availability of supplies or equipment.
     Section 5.8 No Personal Liability. NOTWITHSTANDING ANYTHING TO THE CONTRARY CONTAINED IN THIS CONVEYANCE, GRANTEE SHALL NEVER BE PERSONALLY RESPONSIBLE FOR THE PAYMENT OF ANY PART OF THE LOSSES, COSTS, EXPENSES, LIABILITIES OR DAMAGES INCURRED IN CONNECTION WITH THE EXPLORING, DEVELOPING, OPERATING AND MAINTAINING OF THE SUBJECT INTERESTS, AND, SUBJECT TO SECTION 4.1(d), ALL SUCH LOSSES, COSTS, EXPENSES, LIABILITIES OR DAMAGES SHALL, TO THE EXTENT THE SAME RELATE TO ACTS, OMISSIONS, EVENTS, CONDITIONS OR CIRCUMSTANCES OCCURRING FROM AND AFTER 7:00 A.M., CENTRAL TIME, ON JULY 1, 2011, BE TREATED AS GROSS DEDUCTIONS FOR PURPOSES HEREOF.
     Section 5.9 Real Property Interest. IT IS THE EXPRESS INTENT OF THE PARTIES THAT, AS TO SUBJECT INTERESTS LOCATED IN TEXAS AND NEW MEXICO, THE NET PROFITS INTEREST SHALL FOR ALL PURPOSES CONSTITUTE (AND THIS CONVEYANCE SHALL CONCLUSIVELY BE CONSTRUED FOR ALL PURPOSES AS CREATING) A SINGLE AND SEPARATE NON-POSSESSORY, NON-OPERATING, ROYALTY INTEREST IN AND TO THE SUBJECT INTERESTS AND A FULLY VESTED AND FULLY CONVEYED INTEREST IN REAL PROPERTY RUNNING WITH THE SUBJECT INTERESTS.
     Section 5.10 Incorporeal Immovable and Real Right. IT IS THE EXPRESS INTENT OF THE PARTIES THAT, AS TO SUBJECT INTERESTS LOCATED IN LOUISIANA, THE NET PROFITS INTEREST SHALL FOR ALL PURPOSES CONSTITUTE (AND THIS CONVEYANCE SHALL CONCLUSIVELY BE CONSTRUED FOR ALL PURPOSES AS CREATING) A SINGLE AND SEPARATE NON-POSSESSORY, NON-OPERATING, ROYALTY INTEREST (IN THE FORM OF AN OVERRIDING ROYALTY) IN AND TO THE SUBJECT INTERESTS AND A FULLY VESTED AND FULLY CONVEYED INCORPOREAL IMMOVABLE AND A REAL RIGHT IN THE SUBJECT INTERESTS.
ARTICLE VI
TRANSFERS AND CHARGES
     Section 6.1 Assignment by Grantor Subject to Net Profits Interest.
          (a) Right to Sell.
          (i) Grantor may from time to time Transfer its interest in the Subject Interests, or any part thereof or undivided interest therein, subject to the Net Profits Interest and this Conveyance. Subject to Section 6.1(a)(ii), Grantor shall cause the assignee, purchaser, transferee or grantee of any such transaction to take the affected Subject Interests subject to the Net Profits Interest and this Conveyance and, from and after the actual date of any such Transfer, to assume Grantor’s obligations under this Conveyance with respect to such Subject Interests.

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          (ii) Notwithstanding the foregoing, Grantor may from time to time Transfer to non-Affiliates of Grantor, free and clear of the Net Profits Interest and this Conveyance, any of the Subject Interests that accounts for less than or equal to 0.25% of the total production of Subject Hydrocarbons from the Subject Interests in the preceding twelve (12) month period. The aggregate Fair Value of all portions of the Net Profits Interest released in connection with such Transfers shall not exceed an aggregate Fair Value of five hundred thousand dollars ($500,000) during any consecutive twelve (12) month period. In the event of any such Transfer, (A) the Gross Fair Value of the released portion of the Net Profits Interest shall be considered an Offset Amount for purposes hereof during the Payment Period in which the Transfer occurs, and (B) Grantee shall, upon receiving a written request from Grantor, immediately prior to any such Transfer, execute, acknowledge, and deliver to Grantor a recordable instrument (reasonably acceptable to Grantor) that terminates and releases the Net Profits Interest with respect to the Subject Interests being Transferred.
          (b) Effect of Sale. From and after the actual date of any of the Transfers described in Section 6.1(a) by Grantor, Grantor (and in the case of Section 6.1(a)(ii) only, any grantee, purchaser, transferee or grantee of the Subject Interests) shall be relieved of all obligations, requirements, and responsibilities arising under this Conveyance with respect to the Subject Interests Transferred, except for those that accrued prior to such date.
          (c) Allocation of Consideration. Grantee is not entitled to receive any share of the sales proceeds received by Grantor in any transaction permitted by this Section 6.1.
          (d) Separate Interest. Effective on the effective date of any Transfer of any Subject Interest pursuant to this Section 6.1, Gross Profits, Excluded Proceeds, Net Deductions, Gross Deductions, Offset Amounts and Net Profits shall thereafter be calculated and determined separately (by the assignee, purchaser, transferee or grantee) with respect to such Subject Interests; and Debits and Credits during each Payment Period in respect of the Subject Interests Transferred shall reflect items received or incurred by the assignee, purchaser, transferee or grantee, and shall be calculated in accordance with Article IV hereof.
     Section 6.2 Release of Other Properties. Notwithstanding anything herein to the contrary, in the event that any Person notifies Grantor that, pursuant to a Prior Reversionary Interest, Grantor is required to convey all or any portion of the Subject Interests (or the Net Profits Interest with respect to all or any portion of the Subject Interests) to such Person or cease production from any Subject Well, Grantor shall have the right (without further consent or notice to Grantee) to provide such conveyance with respect to such portion of the Subject Interests (or the Net Profits Interest with respect to such portion of the Subject Interests) or permanently cease production from any such Subject Well. If in connection with any such conveyance or permanent cessation of production pursuant to any Prior Reversionary Interest, Grantor receives compensation attributable to all or any portion of the Net Profits Interest (“Reversionary Compensation”), an amount equal to the Gross Reversionary Compensation shall be considered an Offset Amount for purposes hereof during the Payment Period in which Grantor receives the Reversionary Compensation. In connection with any such conveyance or permanent cessation of production, Grantee shall, on request, immediately prior to such event, execute, acknowledge, and deliver to Grantor a recordable instrument (reasonably acceptable to Grantor) that terminates and releases the Net Profits Interest

22


 

with respect to any such portion of the Subject Interests or Subject Well, as applicable, to Grantor. From and after the actual date of any such conveyance or permanent cessation of production, Grantor and any grantee, purchaser, transferee or grantee of such Subject Interest (or the Net Profits Interest with respect to such Subject Interest) shall be relieved of all obligations, requirements, and responsibilities arising under the Net Profits Interest or this Conveyance with respect to such portion of the Subject Interests, except for those that accrued prior to such date.
     Section 6.3 Mortgages and Security Interests. Nothing herein shall prevent Grantor from granting a lien, mortgage, security interest or other charge in Grantor’s interest in any property, including the Subject Interests and the Subject Hydrocarbons. Grantor agrees that it shall cause each agreement, indenture, bond, deed of trust, filing, application or other instrument that creates or purports to create a lien, mortgage, security interest or other charge secured by the Subject Interests, the Subject Hydrocarbons or the proceeds from the sale of the Subject Hydrocarbons to include an express agreement and acknowledgement by the parties thereto that the Net Profits Interest is senior in right of payment and collection to any and all obligations created thereby in respect of the Subject Interests, the Subject Hydrocarbons or the proceeds from the sale of the Subject Hydrocarbons. The preceding sentence shall not apply to any agreement, indenture, bond, deed of trust, filing, application or other instrument that creates a lien, mortgage, security interest or other charge secured by not more than Grantor’s residual interest in the Subject Interests, the Subject Hydrocarbons or the proceeds from the sale of the Subject Hydrocarbons.
     Section 6.4 Rights of Mortgagee, Pledgee or Trustee. If Grantee shall at any time execute a mortgage, pledge or deed of trust covering all or part of the Net Profits Interest, the mortgagee(s), pledge(s) or trustee(s) therein named or the holder of any obligation secured thereby shall be entitled, to the extent such mortgage, pledge or deed of trust so provides, to exercise all the rights, remedies, powers, and privileges conferred upon Grantee by the terms of this Conveyance and to give or withhold all consents required to be obtained hereunder by Grantee, but the provisions of this Section 6.4 shall in no way be deemed or construed to impose upon Grantor any obligation or liability undertaken by Grantee under such mortgage, pledge or deed of trust or under any obligation secured thereby.
     Section 6.5 Assignment or Mortgage by Grantee. Grantee shall provide Grantor with written notice of any Transfer, mortgage or pledge of all or any portion of the Net Profits Interest. No such Transfer, mortgage or pledge will affect the method of computing Gross Profits, Excluded Proceeds, Net Deductions, Gross Deductions, Offset Amounts or Net Profits, or impose any additional obligation or liability on Grantor. Grantor shall never be obligated to pay the NPI Payout (or portions thereof) to more than one Person. If more than one Person is ever entitled to receive payment of any part of the NPI Payout, Grantor may suspend payments of the NPI Payout until the concurrent owners or claimants of the Net Profits Interest or the right to receive payment of the NPI Payout appoint one Person in writing to receive all payments of the Net Profits on their behalf. Grantor may thereafter conclusively rely upon the authority of that Person to receive payments of the NPI Payout and shall be under no further duty to inquire into the authority or performance of such Person.

23


 

ARTICLE VII
MISCELLANEOUS
     Section 7.1 Notices. All notices and other communications which are required or may be given pursuant to this Conveyance must be given in writing, in English and delivered personally, by courier, by telecopy or by registered or certified mail, postage prepaid, as follows:
     If to Grantor:
Enduro Operating LLC
777 Main Street, Suite 800
Fort Worth, Texas 76102
Attention: Jon S. Brumley
Facsimile No.: [________________]
     If to Grantee:
Enduro Texas LLC
777 Main Street, Suite 800
Fort Worth, Texas 76102
Attention: Jon S. Brumley
Facsimile No.: [________________]
Either Party may change its address for notice by notice to the other Party in the manner set forth above. All notices shall be deemed to have been duly given at the time of receipt by the Party to which such notice is addressed.
     Section 7.2 Ownership of Certain Property. The Net Profits Interest does not include any right, title, or interest in and to any personal property, fixtures, or equipment and is exclusively an interest in and to the Subject Interests and the Subject Hydrocarbons.
     Section 7.3 Non-Recourse. Grantee shall look solely to the Net Profits for the satisfaction and discharge of the Net Profits Interest and, except in the event of Grantor’s failure to pay as required by Section 4.3, Grantor shall not be liable for such satisfaction or discharge. Grantor shall not have any liability (and Grantee shall have no recourse or remedy against Grantor) in the event that the Subject Interests terminate without having generated the Subject Hydrocarbons, Net Profits or NPI Payouts that are expected to be generated during the term of the Net Profits Interest.
     Section 7.4 Payments. Grantor shall transfer or cause to be transferred all monies to which Grantee is entitled hereunder by Federal funds wire transfer not later than the date when due, to Grantee at the bank account specified by Grantee in writing to Grantor.
     Section 7.5 Amendments. This Conveyance may not be amended, altered or modified except pursuant to a written instrument executed by the Parties.
     Section 7.6 Further Assurances. The Parties shall from time to time do and perform such further acts and execute and deliver such further instruments, conveyances, and documents as may be required or reasonably requested by the other Party to establish, maintain, or protect

24


 

the respective rights and remedies of the Parties and to carry out and effectuate the intentions and purposes of this Conveyance.
     Section 7.7 Waivers. Any failure by either Party to comply with any of its obligations, agreements or conditions herein contained may be waived by the Party to whom such compliance is owed by an instrument signed by such Party and expressly identified as a waiver, but not in any other manner. No waiver of, or consent to a change in, any of the provisions of this Conveyance shall be deemed or shall constitute a waiver of, or consent to a change in, other provisions hereof (whether or not similar), nor shall such waiver constitute a continuing waiver unless otherwise expressly provided.
     Section 7.8 Severability. The invalidity or unenforceability of any term or provision of this Conveyance in any situation or jurisdiction shall not affect the validity or enforceability of the other terms or provisions hereof or the validity or enforceability of the offending term or provision in any other situation or in any other jurisdiction and the remaining terms and provisions shall remain in full force and effect, unless doing so would result in an interpretation of this Conveyance which is manifestly unjust.
     Section 7.9 No Partition. The Parties acknowledge that Grantee has no right or interest that would permit Grantee to partition any portion of the Subject Interests, and Grantee hereby waives any such right.
     Section 7.10 Governing Law. EXCEPT WHERE PROHIBITED BY THE LAW OF THE STATE IN WHICH THE RELEVANT SUBJECT INTERESTS ARE LOCATED, THIS CONVEYANCE AND THE LEGAL RELATIONS BETWEEN THE PARTIES SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF TEXAS, WITHOUT REFERENCE TO CONFLICTS OF LAW RULES OR PRINCIPLES THAT MAY REQUIRE THE APPLICATION OF THE LAWS OF ANY OTHER JURISDICTION.
     Section 7.11 Rule Against Perpetuities. It is not the intent of the Parties that any provision herein violate any applicable law regarding the rule against perpetuities or other rules regarding the vesting or duration of estates, and this Conveyance shall be construed as not violating any such rule to the extent the same can be so construed consistent with the expressed intent of the Parties as set forth herein. In the event, however, that any provision hereof is determined to violate any such rule, then such provision shall nevertheless be effective for the maximum period (but not longer than the maximum period) permitted by such rule that will result in no violation. To extent that the maximum period is permitted to be determined by reference to “lives in being,” the Parties agree that “lives in being” shall refer to the lifetime of the last survivor of the descendents of the late Joseph P. Kennedy (the father of the late John F. Kennedy, the 35th President of the United States of America) living as of the Effective Time.
     Section 7.12 Tax Matters. Without limiting the disclaimer in Section 5.1(d)(ii), nothing herein contained shall be construed to constitute a partnership or to cause either Party (under state law or for tax purposes) to be treated as being the agent of, or in partnership with, the other party. Grantor may cause to be withheld from any payment hereunder any tax withholding required by law or regulations, including, in the case of any withholding obligation arising from

25


 

income that does not give rise to any cash or property from which any applicable withholding tax could be satisfied, by way of set off against any subsequent payment of cash or property hereunder.
     Section 7.13 Counterparts. This Conveyance may be executed in counterparts, each of which shall be deemed an original instrument, but all such counterparts together shall constitute but one instrument. No Party shall be bound until such time as all of the Parties have executed counterparts of this Conveyance. To facilitate recordation, there may be omitted from the Exhibits to this Conveyance in certain counterparts descriptions of property located in recording jurisdictions other than the jurisdiction in which the particular counterpart is to be filed or recorded.
     Section 7.14 Conspicuous. GRANTOR AND GRANTEE AGREE THAT, TO THE EXTENT REQUIRED BY APPLICABLE LAW TO BE EFFECTIVE OR ENFORCEABLE, THE PROVISIONS IN THIS CONVEYANCE IN ALL CAPS FONT ARE “CONSPICUOUS” FOR THE PURPOSE OF ANY APPLICABLE LAW.
     Section 7.15 Binding Effect. All the covenants, restrictions and agreements of Grantor herein contained shall be deemed to be covenants running with the Subject Interests and the lands affected thereby. All of the provisions hereof shall inure to the benefit of Grantee and its successors and assigns and shall be binding upon Grantor and its successors and assigns and all other owners of the Subject Interests or any part thereof or any interest therein.
     Section 7.16 Limitation on Damages. NOTWITHSTANDING ANYTHING TO THE CONTRARY, NONE OF GRANTOR, GRANTEE OR ANY OF THEIR RESPECTIVE AFFILIATES SHALL BE ENTITLED TO SPECIAL, INDIRECT, PUNITIVE OR EXEMPLARY DAMAGES IN CONNECTION WITH THIS CONVEYANCE, AND EACH PARTY, FOR ITSELF AND ON BEHALF OF ITS AFFILIATES, HEREBY EXPRESSLY WAIVES ANY RIGHT TO SPECIAL, INDIRECT, PUNITIVE OR EXEMPLARY DAMAGES IN CONNECTION WITH THIS CONVEYANCE AND THE TRANSACTIONS CONTEMPLATED HEREBY.
     Section 7.17 Term. The Net Profits Interest shall remain in full force and effect as long as any portion of the Subject Interests is in full force and effect. At any time after the termination of the Net Profits Interest, Grantee shall, upon the request of Grantor, execute and deliver such instruments as may be necessary to evidence the termination of the Net Profits Interest.
     Section 7.18 No Third Party Beneficiaries. Nothing in this Conveyance shall entitle any Person other than the Parties to any claims, cause of action, remedy or right of any kind.
     Section 7.19 Construction. The Parties acknowledge that (a) Grantor and Grantee have had the opportunity to exercise business discretion in relation to the negotiation of the details of the transaction contemplated hereby, (b) this Conveyance is the result of arms-length negotiations from equal bargaining positions, and (c) Grantor and Grantee and their respective counsel participated in the preparation and negotiation of this Conveyance. Any rule of

26


 

construction that a document be construed against the drafter shall not apply to the interpretation or construction of this Conveyance.
     Section 7.20 Merger Clause. This Conveyance (together with the Grantee Merger) constitutes the entire agreement between the Parties pertaining to the subject matter hereof, and supersedes all prior agreements, understandings, negotiations and discussions, whether oral or written, of the Parties pertaining to the subject matter hereof.
     Section 7.21 Reliance by Third Parties. No third party (including operators, production purchasers and disbursing parties) is responsible for calculating or separately reporting and paying to Grantee any sums that are potentially attributable to the Net Profits Interest; and such third parties may include the interest of Grantee within the interest credited to Grantor for all purposes. Grantor shall attend to the actual distribution of the NPI Payout to Grantee as provided in this Conveyance. To the extent that any provision of a state oil and gas proceeds payment statute requires an operator, production purchaser or disbursing party to account for and separately pay proceeds of production attributable to the Net Profits Interest, Grantor and Grantee specifically (a) authorize such third parties to include the Net Profits Interest within the interest credited to Grantor, and (b) waive the application of such statute, to the extent possible, and such payment shall be made to Grantor directly. No third party shall be under any obligation to inquire as to, or to see to, the application by Grantor of the proceeds received by it from any sale of production attributable to the Net Profits Interest.
[Signature Page Follows]

27


 

     IN WITNESS WHEREOF, this Conveyance has been signed by each of the Parties on the Execution Date and duly acknowledged before the undersigned competent witnesses and Notary Public.
             
WITNESSES:       GRANTOR:
 
           
        Enduro Operating LLC
 
           
By:
      By:    
 
           
Printed Name:
      Name:    
 
           
 
      Title:    
 
           
By:
           
 
           
Printed Name:
           
 
           
 
           
WITNESSES:       GRANTEE:
 
           
        Enduro Texas LLC
By:
           
 
           
Printed Name:
           
 
           
 
           
By:
      By:    
 
           
Printed Name:
      Name:    
 
           
 
      Title:    
 
           
[Signature Page — Conveyance]

 


 

         
STATE OF ___________
  §    
 
  §    
COUNTY OF ___________
  §    
     BE IT KNOWN, that on this ___ day of ______, 2011, before me, the undersigned authority, personally came and appeared ___________________ appearing herein in ___ capacity as ___________________ of Enduro Operating LLC a Texas limited liability company, to me personally known to be the identical person whose name is subscribed to the foregoing instrument as the said officer of said company, and declared and acknowledged to me, Notary, that ___________________ executed the same on behalf of said company with full authority of its ___________________, and that the said instrument is the free act and deed of the said company and was executed for the uses, purposes and benefits therein expressed.
         
 
     
 
 
  Printed Name:     
 
     
 
       
 
  Notarial Identification Number  
 
       
 
       
 
  Notary Public for the State of    
 
       
 
       
 
  County of    
 
     
My commission expires: ___________
         
STATE OF ___________
  §    
 
  §    
COUNTY OF ___________
  §    
     BE IT KNOWN, that on this ___ day of ______, 2011, before me, the undersigned authority, personally came and appeared ___________________ appearing herein in ___ capacity as ___________________ of Enduro Texas LLC a Texas limited liability company, to me personally known to be the identical person whose name is subscribed to the foregoing instrument as the said officer of said company, and declared and acknowledged to me, Notary, that ___________________ executed the same on behalf of said company with full authority of its ___________________, and that the said instrument is the free act and deed of the said company and was executed for the uses, purposes and benefits therein expressed.
         
 
     
 
 
  Printed Name:     
 
     
 
       
 
  Notarial Identification Number  
 
       
 
       
 
  Notary Public for the State of    
 
       
 
       
 
  County of    
 
     
My commission expires:_________ __
[Acknowledgement Page — Conveyance]

 


 

EXHIBIT A
ATTACHED TO AND MADE A PART OF THAT CERTAIN FORM OF CONVEYANCE OF NET PROFITS INTEREST
BY AND BETWEEN ENDURO OPERATING LLC AND ENDURO TEXAS LLC
DATED EFFECTIVE JUNE 1, 2011
Permian New Mexico Leases
                                                             
                            RECORDED   RECORDED                
ST   COUNTY   LEASE NO   LESSOR / GRANTOR   LESSEE / GRANTEE   LEASE DATE   ST   COUNTY     BOOK     PAGE     ENTRY   DESCRIPTION
NM
  CHAVES     C.913606.000     USA NM-17577   ROBERT J MCDONALD   2/1/1973   NM   CHAVES                           T14S R27E
SEC 14: N2
NM
  CHAVES     C.913614.000     USA NM-17214   MARY JANE BLACK   8/1/1973   NM   CHAVES                           T14S R27E
SEC 14: SWSE, SESW
SEC 23: SE
NM
  EDDY     30.00002.000     ST OF NM OG-784   SUN-RAY MID-CONTINENT   4/16/1957   NM   EDDY     80       139             T19S R28E
SEC 12: S2 SE
SEC 13: N2 NW
NM
  EDDY     30.00003.000     ST OF NM E-4397   SUN-RAY MID-CONTINENT   10/10/1950   NM   EDDY     258       718             T19S R28E
SEC 12 N2 SE4
NM
  EDDY     30.00004.000     USA NMNM-057643   RONADERO COMPANY   1/1/1984   NM   EDDY                           T16S — R30E
SEC 14: SE4 NW4
NM
  EDDY     30.00005.000     USA NM-0428657   T A FRASER   9/1/1963   NM   EDDY     136       267             T19S — R28E
SEC 34 W2
NM
  EDDY     30.00007.000     USA NMNM-011327   JANET E SIDWELL   3/1/1970   NM   EDDY                           T16S R30E
SEC 14: SW4, N2 NW4, SW4 NW4
NM
  EDDY     30.00008.000     ST OF NM LG-1101   ALLIED CHEMICAL   3/1/1973   NM   EDDY                           T18S R31E
SEC 16: SE4 SW4, SE4 SE4, N2 SW4
NM
  EDDY     30.00015.000     USA NM NM-0473362   GEO A LAUCK   1/1/1964   NM   EDDY                           T19S R28E
SEC 34: E2
NM
  EDDY     30.00017.000     USA NM LC-029420-B   SKELLY OIL COMPANY   4/30/1938   NM   EDDY     93       203             T17S R31E
SEC 33: N2
NM
  EDDY     30.00018.000     USA NM LC 0 063621   VAN S WELCH ET AL   12/1/1948   NM   EDDY     76       95             T18S 30E
SEC 17: NW4 NW4
NM
  EDDY     30.00019.000     USA NM LC 0 063621A   VAN S WELCH ET AL   12/1/1948   NM   EDDY     76       95             T18S R30E
SEC 17: E2 NW4, NE
NM
  EDDY     30.00020.000     ST OF NM V07296 0000   SAMSON RESOURCES COMPANY   2/1/2005   NM   EDDY     586       143       0502279     T26S R26E
SEC 16: E2
NM
  EDDY     30.00021.000     ST OF NM V07297 0000   SAMSON RESOURCES COMPANY   2/1/2005   NM   EDDY     586       147       0502280     T26S R26E
SEC 16: W2
NM
  EDDY     30.00022.000     ST OF NM VB0637 0000   SAMSON RESOURCES COMPANY   3/1/2005   NM   EDDY     590       979       0504072     T25S R25E
SEC 36: E2
NM
  EDDY     30.00024.000     ST OF NM VB0650 0000   SAMSON RESOURCES COMPANY   4/1/2005   NM   EDDY     592       917       0504883     T25S R25E
SEC 36: W2
NM
  EDDY     30.00025.00A     CORN KATHRYN HUNTER   DEPCO INC   11/18/1975   NM   EDDY     132       433             T18S R26E
SEC 26: NE4
NM
  EDDY     30.00025.00B     HUNTER, WAYNE L   DEPCO INC   11/18/1975   NM   EDDY     132       435             T18S R26E
SEC 26: NE4
NM
  EDDY     30.00025.00C     HUNTER KENNETH ET UX   DEPCO INC   11/18/1975   NM   EDDY     132       437             T18S R26E
SEC 26: NE4
NM
  EDDY     30.00025.00D     HUNTER MARGARET   DEPCO INC   11/18/1975   NM   EDDY     132       439             T18S R26E
SEC 26: NE4
NM
  EDDY     C.088903.000     USA LC-029392-B   CLARENCE E HINKLE   12/29/1939   NM   EDDY     14       494             T18S R31E
SEC 27: SWNW
NM
  EDDY     C.089302.000     USA NMNM-055493   AMOCO PRODUCTION COMPANY   11/1/1991   NM   EDDY                           T19S R31E
SEC 10: SE
NM
  EDDY     C.160502.000     USA NMLC-028375-B   WILLIAM F DAUGHERITY
CONOCO INC
  2/1/1999   NM   EDDY     360       839       999493     T17S R27E
SEC 4: S2SW, N2SE
NM
  EDDY     C.910138.000     USA NM-05470-C   EDGAR F PURYEAR ET AL   6/1/1951   NM   EDDY                           T19S R31E
SEC 15: NESE
NM
  EDDY     C.910707.000     STATE OF NEW MEXICO E1-0083-001   T A FOSTER   5/15/1956   NM   EDDY     79       414             T20S R25E
SEC 16: ALL
NM
  EDDY     C.910749.000     USA NMLC-063245-A   LUCILLE PARKER   11/1/1951   NM   EDDY                           T21S R24E
SEC 19: NWNE, SWNE, SENE
NM
  EDDY     C.911278.000     USA NMLC-063246-B   SUE M WINSTON   1/1/1951   NM   EDDY                           T21S R24E
SEC 19: SWNW

Page 1 of 128 Pages


 

                                                             
                            RECORDED   RECORDED                
ST   COUNTY   LEASE NO   LESSOR / GRANTOR   LESSEE / GRANTEE   LEASE DATE   ST   COUNTY     BOOK     PAGE     ENTRY   DESCRIPTION
NM
  EDDY     C.911784.000     USA NM-0553906   E B HALL   8/1/1964   NM   EDDY     164       298             T21S R31E
SEC 30: LOT 1 (39.28), LOT 2 (39.36), LOT 3 (39.44), LOT 4 (39.52), E2W2, W2SE, NESE
SEC 31: LOT 1 (39.58), LOT 2 (39.62), LOT 3 (39.66), LOT 4 (39.68), E2, E2W2
NM
  EDDY     C.913541.000     USA NMNM-18613-A   WAYNE S AMES   7/1/1973   NM   EDDY     707       627       0710334     T24S R28E
SEC 18: LOT 4, E2SW, SE
SEC 18: SENW
NM
  EDDY     C.916070.000     STATE OF NEW MEXICO V-3604   J R COLLINS INC
PHILLIPS PETRO CO ET AL
  3/1/1991   NM   EDDY     256       831       968297     T21S R31E
SEC 35: ALL
NM
  EDDY     C.916081.000     USA NM-0417696   C H THIERIOT   9/1/1963   NM   EDDY                           T22S R31E
SEC 3: LOT 1 (40.05), LOT 2 (39.92), LOT 3 (39.78), LOT 4 (39.65), S2N2, S2
SEC 4: LOT 1 (39.63), LOT 2 (39.75), LOT 3 (39.85), S2N2, S2
NM
  EDDY     C.916379.000     USA NMNM-96231   POGO PRODUCING COMPANY   3/1/1996   NM   EDDY     263       933             T21S R31E
SEC 33: ALL
NM
  EDDY     200125     CONOCOPHILLIPS COMPANY   CAPSTONE OIL & GAS COMPANY, LP   8/1/2003   NM   EDDY                           FARMOUT
T20S R25E
SEC 16: ALL
NM
  LEA     30.00001.000     ST OF NM B-2287   SUN OIL COMPANY   12/11/1933   NM   LEA                           T19S — R36E
SEC 25: NE4 NE4, SE4 NE4
NM
  LEA     30.00006.00A     GEODYNE NOMINEE CORPORATION   SAMSON RESOURCES COMPANY   6/9/1999   NM   LEA     1227       686             T20S — R37E
SEC 11: E2
NM
  LEA     30.00009.000     USA NM-40406   EVA G.MANNING   12/1/1972   NM   LEA                           T20S — R33E
SEC 12: N2 NE4
T20S — R34E
SEC 6: LOTS 3-7, SE4 NW4, SE4, E2 SW4
NM
  LEA     30.00010.000     USA NM-12413   M N HAHN   10/1/1952   NM   LEA                           T19S — R32E
SEC 25: NW4, SE4
NM
  LEA     30.00011.000     USA NM NM-0 077006   W E BONDURANT JR   1/1/1952   NM   LEA     110       16             T19S — R32E
SEC 24: SE4
SEC 25: NE4
NM
  LEA     30.00012.00A     MAVEETY, W. B.   T R COWELL JR   6/8/1926   NM   LEA     4       449             T19S — R36E
SEC 35: N2 SE4, SW4 SE4, W2 NE4, SE4 NE4
NM
  LEA     30.00012.00B     SELBY, J. L.   A S EVEREST   6/11/1926   NM   LEA     8       130             T19S — R36E
SEC 35: N2 SE4, SW4 SE4, W2 NE4, SE4 NE4
NM
  LEA     30.00013.000     LAUGHLIN, MARTHA E ET AL   M W COLL   7/12/1928   NM   LEA     15       505             T20S — R37E
SEC 4: NW4 SW4
SEC 5: NE4 SE4
NM
  LEA     30.00014.000     BARR, J L ETUX   F S BLACKMAR   8/2/1928   NM   LEA     12       29             T19S — R36E
SEC 24: SW4 SW4
NM
  LEA     30.00016.000     ST OF NM V06211 1   ROLLA R HINKLE III   5/1/2001   NM   LEA     1102       654             T20S — R35E
SEC 34: S2
NM
  LEA     30.00023.000     USA NMNM 113415   SAMSON RESOURCES COMPANY   3/1/2005   NM   LEA                           T19S — R33E
SEC 24: SE4
NM
  LEA     30.00029.000     GEODYNE NOMINEE CORPORATION   SAMSON RESOURCES COMPANY   6/1/2007   NM   LEA     1526       237             T20S — R37E
SEC 11: E2
SEC 12: S2 N2, NE4 NE4, N2 S2
SEC 13: NW4, NE4 SW4, N2 NE4
NM
  LEA     30.00030.00A     KYTE, C H ET UX   GULF OIL CORPORATION   6/14/1944   NM   LEA     53       40             T22S — R38E
SEC 19: W2
NM
  LEA     30.00031.00A     GILMORE, C. R. ET UX   GULF OIL CORPORATION   5/6/1944   NM   LEA     53       39             T22S — R38E
SEC 19: W2
NM
  LEA     30.00032.00A     GUTMAN, LOUIS ETAL   GULF OIL CORPORATION   5/17/1944   NM   LEA     52       112             T22S — R38E
SEC 19: W2
NM
  LEA     30.00033.00A     LONG, THOMAS   SHELL PETROLEUM CORPORATION   10/18/1934   NM   LEA     25       609             T22S — R37E
SEC 11: SW4
NM
  LEA     30.00034.00A     DAVID LAUGHLIN ET UX   M W COLL   8/20/1927   NM   LEA     8       174             T20S-R37E
SEC 5: S/2 SE/4
SEC 8: NE4 NE4

Page 2 of 128 Pages


 

                                                         
                        RECORDED   RECORDED                
ST   COUNTY   LEASE NO   LESSOR / GRANTOR   LESSEE / GRANTEE   LEASE DATE   ST   COUNTY     BOOK     PAGE     ENTRY   DESCRIPTION
NM
  LEA   30.00035.00A   ST OF NM B0-2209-4   F WILLIAM KUTTER   11/7/1933   NM   LEA                           T19S-R37E
SEC 21 NW/4 SW/4
NM
  LEA   30.00036.00A   ST OF NM B0-2209-2   F WILLIAM KUTTER   11/7/1933   NM   LEA                           T19S-R37E
SEC 20: E/2 NE/4
SEC 21: W/2 NW/4
NM
  LEA   30.M0001.00A   SAMSON LONE STAR, LLC ET AL   ENDURO OPERATING LLC   10/1/2010   NM   LEA     1714       657       26953     MD00402000 — AN UNDIVIDED 1/4 INTEREST IN AND TO ALL OF THE OIL, GAS AND
OTHER MINERALS AND MINERAL SUBSTANCES IN AND UNDER, AND THAT MAY BE
PRODUCED FROM, THE FOLLOWING DESCRIBED LANDS SITUATED IN LEA COUNTY, NEW
MEXICO:

TOWNSHIP 20 SOUTH, RANGE 37 EAST N.M.P.M.
SECTION 12:N2 S2, S2 N2
NM
  LEA   30.M0002.00A   WEIR, C H B   PEERLESS OIL & GAS COMPANY   2/1/1955   NM   LEA                           MD00403000-AN UNDIVIDED 1/4 INTEREST IN AND TO ALL OF THE OIL, GAS AND
OTHER MINERALS AND MINERAL SUBSTANCES IN AND UNDER, AND THAT MAY BE
PRODUCED FROM, THE FOLLOWING DESCRIBED LANDS SITUATED IN LEA COUNTY, NEW
MEXICO:

TOWNSHIP 20 SOUTH, RANGE 37 EAST N.M.P,M.
SECTION 11:E2
NM
  LEA   30.M0003.00A   HARRINGTON, D.D.   PEERLESS OIL & GAS COMPANY   9/22/1928   NM   LEA     12       261             MD00420000 — ALL OF ASSIGNOR’S UNDIVIDED INTERESTS IN AND TO ALL OF THE
OIL, GAS AND OTHER MINERALS AND MINERAL SUBSTANCES IN AND UNDER AND THAT
MAY BE PRODUCED FROM THE FOLLOWING DESCRIBED LANDS SITUATED IN LEA
COUNTY; NEW MEXICO:

TOWNSHIP 20 SOUTH, RANGE 36 EAST. N.M.P.M.
SECTION 12: W2 E2, E2 W2
NM
  LEA   30.M0004.00A   KYTE, C H ET UX   LEIGH TALIAFERRO   1/12/1935   NM   LEA     36       454             T19S — R36E
SEC 25: W2 NW4
SEC 26: E2 NE4
NM
  LEA   30.M0005.00A   WOLFE, H T ET UX   BARNSDALL OIL COMPANY   2/2/1928   NM   LEA     14       506             T21S — R37E
SEC 1: LOT 1 (37.12), LOT 2 (37.11), LOT 5 (40.00), LOT 6 (40.00)
LOT 7 (40.00), LOT 8 (40.00), LOT 9 (40.00), LOT 10 (40.00)
NM
  LEA   30.M0006.00A   RH HUSTON AND WIFE LEONA HUSTON   F J DANGLADE   6/15/1934   NM   LEA     31       560             T19S — R37E
SEC 7: NE4
SEC 21: SE4 NE4, E2 NW4, W2 NE4,
N2 SE4, NE4 SW4
NM
  LEA   30.M0006.00B   SHIPP, ELBERT   F J DANGLADE   6/15/1934   NM   LEA     193       451             T19S — R37E
SEC 7: ALL
T19S — R37E
SEC 8: ALL
NM
  LEA   30.M0007.00A   COOPER, J W ET UX   F J DANGLADE   6/15/1934   NM   LEA     31       603             T20S — R37E
SEC 3: NW4
SEC 4: NE4 NE4
NM
  LEA   30.M0008.00A   KEOHANE, B M ET UX   PEERLESS OIL & GAS COMPANY   3/2/1935   NM
NM
NM
  LEA
LEA
LEA
  36
36
36
  587
588
591
          T19S R37E
SEC 19: S2 NE4, SE4 NW4, LOT 2, NE4 NW4, N2 NE4
SEC 31: NW4 SE4, E2 SE4

Page 3 of 128 Pages


 

                                                         
                        RECORDED   RECORDED                
ST   COUNTY   LEASE NO   LESSOR / GRANTOR   LESSEE / GRANTEE   LEASE DATE   ST   COUNTY     BOOK     PAGE     ENTRY   DESCRIPTION
NM
  LEA   30.M0009.00A   SAMSON LONE STAR, LLC ET AL   ENDURO OPERATING LLC   10/01/10   NM   LEA     1714       657       26953     MD00509000 — ALL INTERESTS IN AND TO ALL OF THE OIL, GAS AND OTHER MINERALS
AND MINERAL SUBSTANCES IN AND UNDER, AND THAT MAY BE PRODUCED FROM, THE
FOLLOWING DESCRIBED LANDS
T16S R36E
SEC 11:S2 SE4; SEC 12:SW4 SW4; SEC 13:N2 SW4, SE4, S2 NW4, N2 NW4, S2 NE4, NW4 NE4; SEC 14:NE4
T16S R37E
SEC 3:LOT 2, LOT 3, LOT 6, LOT 7; SEC 10:SE4; SEC 11:S2, NW4; SEC 14:E2; SEC 18:SW4 SE4, E2 NE4 SW4, E2 SE4 SW4, LOT 3; SEC 19:NW4 NE4, NE4 NW4; SEC 23:NE4
T16S R38E
SEC 34:E2 NW4, NE4; SEC 35:N2
T19S R35E
SEC 5:SE4; SEC 9:W2 SW4, SW4 NW4; SEC 23:NE4; SEC 24:NW4, SE4; SEC 27:SE4 SE4, N2 SE4; SEC 34:NE4 NE4
T19S R36E
SEC 26:E2 NW4, W2 NE4; SEC 34:NW4 SW4, NE4, N2 NW4, SW4 NW4 T20S R35E
SEC 24:SW4
T20S R36E
SEC 17:NE4
T20S R37E
SEC 12:NE4 NE4 METES & BOUNDS: ADDITIONAL 2.72 AC RECITED ON DEED.
T20S R38E
SEC 6:SW4, SW4 NW4; SEC 7:N2 NW4; SEC 12:E2 SW4, S2 SE4; SEC 13:NW4 NE4, THE WEST 2/3 OF THE E2 NW4, AND THE WEST 2/3 OF THE NE4 SW4 SEC 13-205.38E
T21S R37E
SEC 20:N2 SE4, S2 SE4, SW4; SEC 29:N2 NE4, S2 NE4, NW4
T22S R37E
SEC 35:SE4 NW4
T25S R35E
SEC 10:N2 SE4, S2 NE4; SEC 11:N2 SW4, S2 NW4
T25S R37E
SEC 22:METES & BOUNDS: EAST 20 AC OF THE NE/4 SEC 22-25S-37E; SEC 23:W2 NW4
NM
  LEA   30.M0010.00A   SAMSON LONE STAR, LLC ET AL   ENDURO OPERATING LLC   10/1/2010   NM   LEA     1714       657       26953     MD00513000 — AN UNDIVIDED 13/48 INTEREST IN AND TO ALL OF THE OIL, GAS AND
OTHER MINERALS AND MINERAL SUBSTANCES IN AND UNDER, AND THAT MAY BE
PRODUCED FROM, THE FOLLOWING DESCRIBED LANDS SITUATED IN LEA COUNTY,
NEW MEXICO:

TOWNSHIP 19 SOUTH, RANGE 36 EAST. N.M.P.M.
SECTION 26:E2 SE4, SW4 SE4
NM
  LEA   30.M0011.00A   SAMSON LONE STAR, LLC ET AL   ENDURO OPERATING LLC   10/1/2010   NM   LEA     1714       657       26953     MD00845000 — AN UNDIVIDED 15/64 INTEREST IN AND TO ALL OF THE OIL, GAS
AND OTHER MINERALS AND MINERAL SUBSTANCES IN AND UNDER, AND THAT MAY BE
PRODUCED FROM, THE FOLLOWING DESCRIBED LANDS SITUATED IN LEA COUNTY,
NEW MEXICO:

TOWNSHIP 19 SOUTH, RANGE 36 EAST, N.M.P,M.
SECTION 25:W2 NW4
NM
  LEA   30.M0012.00A   SAMSON LONE STAR, LLC ET AL   ENDURO OPERATING LLC   10/1/2010   NM   LEA     1714       657       26953     MD00846000 — AN UNDIVIDED 17/64 INTEREST IN AND TO ALL OF THE OIL, GAS AND
OTHER MINERALS AND MINERAL SUBSTANCES IN AND UNDER, AND THAT MAY BE
PRODUCED FROM, THE FOLLOWING DESCRIBED LANDS SITUATED IN LEA COUNTY,
NEW MEXICO:

TOWNSHIP 19 SOUTH, RANGE 36 EAST, N.M.P.M.
SECTION 25:NW4 SW4

Page 4 of 128 Pages


 

                                                         
                        RECORDED   RECORDED                
ST   COUNTY   LEASE NO   LESSOR / GRANTOR   LESSEE / GRANTEE   LEASE DATE   ST   COUNTY     BOOK     PAGE     ENTRY   DESCRIPTION
NM
  LEA   30.M0013.00A   SAMSON LONE STAR, LLC ET AL   ENDURO OPERATING LLC   10/1/2010   NM   LEA     1714       657       26953     MD00847000 — AN UNDIVIDED 15/64 INTEREST IN AND TO ALL OF THE OIL, GAS AND
OTHER MINERALS AND MINERAL SUBSTANCES IN AND UNDER, AND THAT MAY BE
PRODUCED FROM, THE FOLLOWING DESCRIBED LANDS SITUATED IN LEA COUNTY,
NEW MEXICO:

TOWNSHIP 19 SOUTH RANGE 36 EAST, N.M.P.M.
SECTION 26:E2 NE4
NM
  LEA   30.M0014.00A   SAMSON LONE STAR, LLC ET AL   ENDURO OPERATING LLC   10/1/2010   NM   LEA     1714       657       26953     MD00848000 — AN UNDIVIDED 3/32 INTEREST IN AND TO ALL OF THE OIL, GAS AND
OTHER MINERALS AND MINERAL SUBSTANCES IN AND UNDER, AND THAT MAY BE
PRODUCED FROM, THE FOLLOWING DESCRIBED LANDS SITUATED IN LEA COUNTY,

TOWNSHIP 19 SOUTH RANGE 36 EAST N.MP.M.
SECTION 26:W2 NE4 AND E2 NW4
NM
  LEA   30.M0015.00A   SAMSON LONE STAR, LLC ET AL   ENDURO OPERATING LLC   10/1/2010   NM   LEA     1714       657       26953     MD00849000 — AN UNDIVIDED 5/64 INTEREST IN AND TO ALL OF THE OIL, GAS AND
OTHER MINERALS AND MINERAL SUBSTANCES IN AND UNDER, AND THAT MAY BE
PRODUCED FROM, THE FOLLOWING DESCRIBED LANDS SITUATED IN LEA COUNTY,

TOWNSHIP 19 SOUTH RANGE 36 EAST, N.M.P.M.
SECTION 35:W2 W2 AND E2 NW4
NM
  LEA   30.M0016.00A   SAMSON LONE STAR, LLC ET AL   ENDURO OPERATING LLC   10/1/2010   NM   LEA     1714       657       26953     MD00855000,- AN UNDIVIDED 3/160 INTEREST IN AND TO ALL OF THE OIL, GAS AND
OTHER MINERALS AND MINERAL SUBSTANCES IN AND UNDER, AND THAT MAY BE
PRODUCED FROM THE FOLLOWING DESCRIBED LANDS SITUATED IN LEA COUNTY,

TOWNSHIP 19 SOUTH RANGE 37 EAST, N.M.P.M.
SECTION 19:LOT 2, SE4 NW4, S2 NE4
NM
  LEA   30.M0017.00A   SAMSON LONE STAR, LLC ET AL   ENDURO OPERATING LLC   10/1/2010   NM   LEA     1714       657       26953     MD00856000 AN UNDIVIDED 13/160 INTEREST IN AND TO ALL OF THE OIL, GAS AND
OTHER MINERALS AND MINERAL SUBSTANCES IN AND UNDER, AND THAT MAYBE PRODUCED
FROM THE FOLLOWING DESCRIBED LANDS SITUATED IN LEA COUNTY,

TOWNSHIP 19 SOUTH RANGE 37 EAST, N.M,P.M.
SECTION 19:NE4 NW4, N2 NE4
NM
  LEA   30.M0018.00A   SAMSON LONE STAR, LLC ET AL   ENDURO OPERATING LLC   10/1/2010   NM   LEA     1714       657       26953     MD00857000 — AN UNDIVIDED 1/20 INTEREST IN AND TO ALL OF THE OIL, GAS AND
OTHER MINERALS AND MINERAL SUBSTANCES IN AND UNDER, AND THAT MAY BE
PRODUCED FROM THE FOLLOWING DESCRIBED LANDS SITUATED IN LEA COUNTY, NEW

TOWNSHIP 19 SOUTH RANGE 37 EAST N.M.P.M.
SECTION 31:NW4 SE4, E2 SE4
NM
  LEA   30.M0019.00A   SAMSON LONE STAR, LLC ET AL   ENDURO OPERATING LLC   10/1/2010   NM   LEA     1714       657       26953     MD00858000 — AN UNDIVIDED 3/128 INTEREST IN AND TO ALL OF THE OIL, GAS AND
OTHER MINERALS AND MINERAL SUBSTANCES IN AND UNDER, AND THAT MAY BE
PRODUCED FROM, THE FOLLOWING DESCRIBED LANDS SITUATED IN LEA COUNTY,
NEW MEXICO:

TOWNSHIP 19 SOUTH RANGE 37 EAST, N.M.P.M.
SECTION 31:N2
NM
  LEA   30.M0020.00A   SAMSON LONE STAR, LLC ET AL   ENDURO OPERATING LLC   10/1/2010   NM   LEA     1714       657       26953     MD00861000 — AN UNDIVIDED 7/32 INTEREST IN AND TO ALL OF THE OIL, GAS AND
OTHER MINERALS AND MINERAL SUBSTANCES IN AND UNDER, AND THAT MAY BE
PRODUCED FROM, THE FOLLOWING DESCRIBED LANDS SITUATED IN LEA COUNTY,
NEW MEXICO:

TOWNSHIP 20 SOUTH RANGE 36 EAST N.M.P.M.
SECTION 1:LOTS 1 AND 2, S2 NE4

Page 5 of 128 Pages


 

                                                         
                        RECORDED   RECORDED                
ST   COUNTY   LEASE NO   LESSOR / GRANTOR   LESSEE / GRANTEE   LEASE DATE   ST   COUNTY     BOOK     PAGE     ENTRY   DESCRIPTION
NM
  LEA   30.M0021.00A   SAMSON LONE STAR, LLC ET AL   ENDURO OPERATING LLC   10/1/2010   NM   LEA     1714       657       26953     MD00862000 — AN UNDIVIDED 5/64 INTEREST IN AND TO ALL OF THE OIL, GAS AND
OTHER MINERALS AND MINERAL SUBSTANCES IN AND UNDER, AND THAT MAY BE
PRODUCED FROM, THE FOLLOWING DESCRIBED LANDS SITUATED IN LEA COUNTY,
NEW MEXICO:

TOWNSHIP 20 SOUTH RANGE 36 EAST, N.M.P.M.
SECTION 2:NW4 NW4
NM
  LEA   30.M0022.00A   SAMSON LONE STAR, LLC ET AL   ENDURO OPERATING LLC   10/1/2010   NM   LEA     1714       657       26953     MD00866000 — AN UNDIVIDED 1/4 INTEREST IN AND TO ALL OF THE
OIL, GAS AND OTHER MINERALS AND MINERAL SUBSTANCES IN AND UNDER, AND THAT
MAY BE PRODUCED FROM, THE FOLLOWING DESCRIBED LANDS SITUATED IN LEA COUNTY,
NEW
MEXICO:

TOWNSHIP 20 SOUTH RANGE 37 EAST, N.M.P.M.
SECTION 3: NW4 SW4, S2 SW4
NM
  LEA   30.M0023.00A   SAMSON LONE STAR, LLC ET AL   ENDURO OPERATING LLC   10/1/2010   NM   LEA     1714       657       26953     MD00868000 — AN UNDIVIDED 7/32 INTEREST IN AND TO ALL OF THE OIL, GAS AND
OTHER MINERALS AND MINERAL SUBSTANCES IN AND UNDER, AND THAT MAY BE
PRODUCED FROM, THE FOLLOWING DESCRIBED LANDS SITUATED IN LEA COUNTY,
NEW MEXICO:

TOWNSHIP 20 SOUTH RANGE 37 EAST N.M.P.M.
SECTION 6:LOTS 3, 4 AND 5, AND SE4 NW4
NM
  LEA   30.M0024.00A   SAMSON LONE STAR, LLC ET AL   ENDURO OPERATING LLC   10/1/2010   NM   LEA     1714       657       26953     MD00871000 — AN UNDIVIDED 1/4 INTEREST IN AND TO ALL OF THE OIL, GAS AND
OTHER MINERALS AND MINERAL SUBSTANCES IN AND UNDER AND THAT MAY BE PRODUCED
FROM THE.FOLLOWING DESCRIBED LANDS SITUATED IN LEA COUNTY, NEW
MEXICO:

TOWNSHIP 20 SOUTH RANGE 37 EAST N.M.P.M.
SECTION 13:NW4, N2 NE4, NE4 SW4
SECTION 14:NE4 NE4
NM
  LEA   30.M0025.00A   SAMSON LONE STAR, LLC ET AL   ENDURO OPERATING LLC   10/1/2010   NM   LEA     1714       657       26953     MD00900000 — AN UNDIVIDED 3/16 INTEREST IN AND TO ALL OF THE OIL, GAS AND
OTHER MINERALS AND MINERAL SUBSTANCES IN AND UNDER, AND THAT MAY BE
PRODUCED FROM, THE FOLLOWING DESCRIBED LANDS SITUATED IN LEA COUNTY,
NEW MEXICO:

TOWNSHIP 22 SOUTH, RANGE 36 EAST, N.M.P,M.
SECTION 10:S2

Page 6 of 128 Pages


 

                                                         
                        RECORDED   RECORDED                
ST   COUNTY   LEASE NO   LESSOR / GRANTOR   LESSEE / GRANTEE   LEASE DATE   ST   COUNTY     BOOK     PAGE     ENTRY   DESCRIPTION
NM
  LEA   30.M0026.00A   SAMSON LONE STAR, LLC ET AL   ENDURO OPERATING LLC   10/1/2010   NM   LEA     1714       657       26953     MD00903000 — AN UNDIVIDED 1.08695% INTEREST IN AND TO THE RIGHTS, TITLE
AND INTEREST ACQUIRED BY ATLANTIC RICHFIELD COMPANY UNDER FARMOUT AGREEMENT
AND ASSIGNMENT FROM SHELL OIL COMPANY, DATED SEPTEMBER 1,
1977, RECORDED IN BOOK __, PAGE__, RECORDS OF LEA COUNTY, NEW MEXICO,
COVERING OIL AND CASINGHEAD GAS RIGHTS IN AND UNDER CERTAIN OIL AND GAS
LEASES COVERING THE FOLLOWING DESCRIBED LANDS IN LEA COUNTY,
NEW MEXICO:

TOWNSHIP 22 SOUTH, RANGE 36 EAST, N.M.P.M.
SECTION 21:N2, SW4, AND W2 SE4

AND ALL OF THE INTEREST ACQUIRED BY FLUOR OIL AND GAS CORPORATION UNDER (1)
ASSIGNMENT DATED EFFECTIVE AS OF MAY 28, 1978, RECORDED IN BOOK 369, PAGE 7
OF THE MISCELLANEOUS RECORDS OF LEA COUNTY, NEW MEXICO,
FROM DALLAS MCCASSLAND, ET UX, AS ASSIGNORS, TO ATLANTIC RICHFIELD COMPANY,
ET AL, AS ASSIGNEES, AND (2) ASSIGNMENT DATED EFFECTIVE AS OF MAY 28, 1978,
RECORDED IN BOOK 369, PAGE 5, MISCELLANEOUS RECORDS OF LEA
COUNTY, NEW MEXICO, FROM MARY BLANCHE TODD, ET VIR, AS ASSIGNORS, TO
ATLANTIC RICHFIELD COMPANY, ET AL; AS ASSIGNEES, BOTH COVERING RIGHTS AND
INTERESTS IN THE FOLLOWING DESCRIBED LANDS IN LEA COUNTY, NEW MEXICO:

TOWNSHIP 22 SOUTH, RANGE 36 EAST, N.M.P.M.
SECTION 21:N2, SW4, AND W2 SE4
NM
  LEA   30.M0027.00A   SAMSON LONE STAR, LLC ET AL   ENDURO OPERATING LLC   10/1/2010   NM   LEA     1714       657       26953     MD00904000 — AN UNDIVIDED 1/16 INTEREST IN AND TO ALL OF THE OIL, GAS AND
OTHER MINERALS AND MINERAL SUBSTANCES IN AND UNDER, AND THAT MAY BE
PRODUCED FROM, THE FOLLOWING DESCRIBED LANDS SITUATED IN LEA COUNTY,
NEW MEXICO:

TOWNSHIP 22 SOUTH RANGE 36 EAST, N,M,PM,
SECTION 21:W2
NM
  LEA   30.M0028.00A   SAMSON LONE STAR, LLC ET AL   ENDURO OPERATING LLC   10/1/2010   NM   LEA     1714       657       26953     MD00905000 — AN UNDIVIDED 1/6 INTEREST IN AND TO ALL OF THE OIL, GAS AND
OTHER MINERALS AND MINERAL SUBSTANCES IN AND UNDER, AND THAT MAY BE
PRODUCED FROM, THE FOLLOWING DESCRIBED LANDS SITUATED IN LEA COUNTY, NEW
MEXICO:
TOWNSHIP 22 SOUTH, RANGE 36 EAST, N.M.P.M.
SECTION 21:NE4, N2 SE4
NM
  LEA   C.006630.000   USA LC-31740-A   A E MEYER   2/1/1951   NM   LEA                           T21S R36E
SEC 8: SW/4
SEC 17: S2NW, SW
SEC 18: NE, N2SE
NM
  LEA   C.006631.000   USA LC-031740-B   LOIS E MEYER ET AL   10/1/1954   NM   LEA                           T21S R36E
SEC 4: LOT 1 (38.08), LOT 2 (38.30), LOT 3 (38.50), LOT 6 (40), LOT 7 (40), LOT 8 (40), LOT 9 (40), LOT 10 (40), LOT 11 (40), LOT 14 (40), LOT 15 (40), LOT 16 (40), SE, E2SW
SEC 8: NW
SEC 9: E2W2
SEC 17: E2SE
SEC 18: LOT 1 (34.95), LOT 2 (34.96), E2NW
NM
  LEA   C.013012.000   ST OF NEW MEXICO BH-1533-0000   CONTINENTAL OIL COMPANY   12/22/1932   NM   LEA                           T19S R37E
SEC 30: E2NW, LOT 1 (38.68), LOT 2 (38.67)
NM
  LEA   C.013013.000   ST OF NEW MEXICO B-1534-0000   CONTINENTAL OIL COMPANY   12/22/1932   NM   LEA                           T22S R36E
SEC 2: LOT 1 (40.16), LOT 2 (40.16), S2NE,LOT 3 (40.16), LOT 4 (40.16), S2NW, SE
NM
  LEA   C.013017.000   STATE OF NEW MEXICO B-1537-0000   CONTINENTAL OIL COMPANY   12/22/1932   NM   LEA                           T21S R36E
SEC 11: SW
SEC 15: E2

Page 7 of 128 Pages


 

                                                         
                        RECORDED   RECORDED                
ST   COUNTY   LEASE NO   LESSOR / GRANTOR   LESSEE / GRANTEE   LEASE DATE   ST   COUNTY     BOOK     PAGE     ENTRY   DESCRIPTION
NM
  LEA   C.013988.000   STATE OF NEW MEXICO B-2656-0000   CONTINENTAL OIL COMPANY   9/23/1933   NM   LEA                           T19S R36E
SEC 26: W2SW4
T19S R37E
SEC 7: NESE NWSE
SEC 17: SW, W2NE
SEC 19: NWSW (LOT 3) (38.65)
NM
  LEA   C.017043.000   USA NMLC-030143-A   J L REED   8/1/1956   NM   LEA                           T20S R36E
SEC 3: SWNE
NM
  LEA   C.017044.000   USA NMLC-030143-B   J L REED   6/1/1957   NM   LEA                           T20S R36E
SEC 23: E2, S2SW
SEC 24: SW
NM
  LEA   C.017959.000   USA LC-032099-A   J C FRAZIER   6/1/1951   NM   LEA                           T21S R36E
SEC 18: LOT 3 (34.98) , LOT 4 (34.99), E/2SW, S/2SE
NM
  LEA   C.017960.000   USA LC-032099-B   R L MANNING   7/1/1952   NM   LEA                           T21S R36E
SEC 13: NWNW
SEC 14: W2W2, E2E2
NM
  LEA   C.018116.000   USA LC-031622-A   U M SANDERSON   10/1/1956   NM   LEA     1361       730-756       03116     T20S R36E
SEC 11: SE, S/2SW
SEC 14: NE, N/2SE, SESE, E/2NW, E/2NWNW
NM
  LEA   C.145553.000   ST OF NEW MEXICO E0-6506-0001   JOHN M KELLY   9/10/1952   NM   LEA                           T19S R37E
SEC 7: NESW
NM
  LEA   C.145569.000   W L CRUTCHFIELD ET UX   ATLANTIC OIL PRODUCING COMPANY   3/5/1931   NM   LEA     000022       00453             T19S R37E
SEC 32: NESE
NM
  LEA   C.155811.000   USA NMNM-1151   U M SANDERSON   10/1/1956   NM   LEA                           T20S R36E
SEC 10: E2E2
SEC 14: W2NWNW, SWNW, SW, SWSE
SEC 15: NENE
NM
  LEA   C.155812.000   USA NM-001150   J L REED   8/1/1956   NM   LEA                           T20S R36E
SEC 3: LOT 1 (40.32), SENE, E2SE
NM
  LEA   C.243779.000   USA NMNM-62665   R L MANNING   7/1/1952   NM   LEA     1361       730-756       3116     T22S R36E
SEC 1: S2N2, SE
NM
  LEA   C.262630.000   STATE OF NEW MEXICO B-2333   TIDE WATER OIL COMPANY   12/21/1933   NM   LEA                           T20S R36E
SEC 13: E2SW
NM
  LEA   C.267131.000   USA NMNM-94867   CONOCO INC   6/1/1995   NM   LEA                           T21S R37E
SEC 5: LOT 8 (40), LOT 9 (40)
NM
  LEA   C.420342.000   USA LC-031736-A   PAN AMERICAN PETROLEUM CORPORATION   3/1/1957   NM   LEA                           T20S R36E
SEC 25: W2NE
SEC 24: N2, W2SE
SEC 25: NESW
T20S R37E
SEC 8: SWSW
NM
  LEA   C.903201.000   STATE OF NEW MEXICO B0-2517-0000   J R COLLINS INC
PHILLIPS PETRO CO ET AL
  2/10/1934   NM   LEA                           T17S R37E
SEC 4: SESW
NM
  LEA   C.903237.000   STATE OF NEW MEXICO B0-3657-0000   J R COLLINS INC
PHILLIPS PETRO CO ET AL
  1/16/1935   NM   LEA                           T19S R37E
SEC 19: NESW
NM
  LEA   C.903244.000   HARVEY CULP ET AL   B L THORNE   8/7/1928   NM   LEA     13       207       3717     T19S R37E
SEC 19: NWNW
NM
  LEA   C.907783.000   JAMES H WILLIAMS   J L SELBY   5/12/1926   NM   LEA     4       184             T19S R37E
SEC 33: W2NE
NM
  LEA   C.908158.000   STATE OF NEW MEXICO E0-1923-0000   J R COLLINS INC
PHILLIPS PETRO CO ET AL
  6/10/1948   NM   LEA     74       97             T21S R34E
SEC 14: N2
NM
  LEA   C.908260.000   STATE OF NEW MEXICO E0-1924-0001   W A YEAGER   6/10/1948   NM   LEA     72       170             T21S R34E
SEC 1: LOT 1 (37.46), LOT 2 (37.50), LOT 7 (40), LOT 8 (40), LOT 9 (40)
T21S-R35E
SEC 32: NE

Page 8 of 128 Pages


 

                                                         
                        RECORDED   RECORDED                
ST   COUNTY   LEASE NO   LESSOR / GRANTOR   LESSEE / GRANTEE   LEASE DATE   ST   COUNTY     BOOK     PAGE     ENTRY   DESCRIPTION
NM
  LEA   C.908261.000   STATE OF NEW MEXICO E0-1921-0001   ERLE PAYNE   6/10/1948   NM   LEA     72       179             21S 34E
SEC 2: LOT 1 (37.65), LOT 2 (37.73) , LOT 7 (40), LOT 8 (40), LOT 9 (40), LOT 10 (40) , LOT 15 (40), LOT 16 (40)
21S 35E
SEC 17: S2
NM
  LEA   C.908262.000   STATE OF NEW MEXICO E0-1932-0001   ERLE PAYNE   6/10/1948   NM   LEA     72       182             T23S R34E
SEC 9: NW/4
SEC 9: NE/4
NM
  LEA   C.909045.000   USA NM-13280   J R COLLINS INC
PHILLIPS PETRO CO ET AL
  7/1/1951   NM   LEA     93       343             T20S R33E
SEC 11: SESW,W2SE
SEC 11: N2SW
CONTRACTUAL INTEREST ONLY PURSUANT TO JOA
NM
  LEA   C.909057.000   USA NM-04411   J R COLLINS INC
PHILLIPS PETRO CO ET AL
  8/1/1951   NM   LEA     94       320             T15S R35E
SEC 33: S2
NM
  LEA   C.911580.000   USA NM-01059   BAY PETRO CORPORATION   9/1/1951   NM   LEA                           T20S R33E
SEC 15: NENE
NM
  LEA   C.911581.000   USA NM-13279   BAY PETROLEUM CORPORATION   9/1/1951   NM   LEA                           T20S R33E
SEC 15: E2NW,N2SE,NESW,SENE,W2NE
NM
  LEA   C.911686.000   STATE OF NEW MEXICO B-1439-7   FRANCIS C WILSON   12/8/1932   NM   LEA                           T21S R35E
SEC 7: NE
NM
  LEA   C.927125.000   STATE OF NEW MEXICO E-7277-0002   CHARLES B READ   7/21/1953   NM   LEA     161       135             T19S R35E
SEC 22: SENW
SEC 22: NENW
NM
  LEA   C.955814.000   STATE OF NEW MEXICO K0-1459-0001   PAN AMERICAN PETROLEUM CORPORATION   5/16/1961   NM   LEA     196       134       32532     T25S R33E
SEC 32: ALL
NM
  LEA   ML002602.000   CHRISTMAS, ANNIE L ETVIR   GYPSY OIL COMPANY   5/10/1926   NM   LEA     1       535              
NM
  LEA   ML002603.000   PHILLIPS, J R, ET AL   ADKINS EUGENE S   5/25/1926   NM   LEA     4       414              
NM
  LEA   ML002914.000   WHITE, W W, ET AL   GYPSY OIL COMPANY   12/20/1933   NM   LEA     24       586              
NM
  LEA   ML007285.000   C T SMITH ET AL   C W PERRYMAN   8/20/1932   NM   LEA     24       371              
NM
  LEA   ML007587.000   APACHE CORPORATION   BURLINGTON RESOURCES OIL & GAS COMPANY   3/1/2008   NM   LEA                            
NM
  LEA   C206885-A   R B MCQUATTERS, ET VIR   ROBERT W ATHA   6/02/1927   NM   LEA     8     195             21S-36E, SEC 11: S2NE, NWSE
PURSUANT TO CONTRACT C206885 TERM ASSIGNMENT EFFECTIVE DATE OF 2/1/1985, RECORDED IN BOOK 386, PAGE 416, OF LEA COUNTY, NEW MEXICO, AND THE TERMS AND CONDITIONS THEREOF.
NM
  LEA   C206885-B   CLAUDE W MARSHALL   F E VOSBURG   8/18/1926   NM   LEA     4       356             21S-36E, SEC 11: SESE
21S-36E, SEC 12: SWSW
PURSUANT TO CONTRACT C206885 TERM ASSIGNMENT EFFECTIVE DATE OF 2/1/1985, RECORDED IN BOOK 386, PAGE 416, OF LEA COUNTY, NEW MEXICO, AND THE TERMS AND CONDITIONS THEREOF.
NM
  LEA   C206885-C   ST OF NEW MEXICO B-2736   WILLIAM A HUDSON   4/10/1934   NM   LEA                           20S-37E, SEC 30: NENW, NWNE
PURSUANT TO CONTRACT C206885 TERM ASSIGNMENT EFFECTIVE DATE OF 2/1 /1985, RECORDED IN BOOK 386, PAGE 416, OF LEA COUNTY, NEW MEXICO, AND THE TERMS AND CONDITIONS THEREOF.
NM
  LEA   C206885-D   ST OF NEW MEXICO B-160   THE TEXAS COMPANY   8/14/1931   NM   LEA                           20S-37E, SEC 31: SE
PURSUANT TO CONTRACT C206885 TERM ASSIGNMENT EFFECTIVE DATE OF 2/L/1985, RECORDED IN BOOK 386, PAGE 416, OF LEA COUNTY, NEW MEXICO, AND THE TERMS AND CONDITIONS THEREOF.
NM
  LEA   C206885-E   ST OF NEW MEXICO B-1463   H H MCGEE   12/15/1932   NM   LEA                           20S-37E, SEC 32: E2NW, W2NE
PURSUANT TO CONTRACT C206885 TERM ASSIGNMENT EFFECTIVE DATE OF 2/1/1985, RECORDED IN BOOK 386, PAGE 416, OF LEA COUNTY, NEW MEXICO, AND THE TERMS AND CONDITIONS THEREOF.
NM
  CHAVES   SB-001   PHILLIPS PETROLEUM COMPANY   YATES PERTOLEUM CORP.   5/11/1979   NM   CHAVES     181       986             ASSIGNMENT
T14S R27E
SEC 13: S2 NE, SE, E2 SW, SW SW
SEC 14: SW SE, SE SW
SEC 23: NW, S2

Page 9 of 128 Pages


 

                                                 
                            RECORDED   RECORDED                
ST   COUNTY   LEASE NO   LESSOR / GRANTOR   LESSEE / GRANTEE   LEASE DATE   ST   COUNTY   BOOK   PAGE   ENTRY   DESCRIPTION
NM
  LEA   C200540FO   JOA — S F FED COM 2           NM   LEA               JOA
T18S- R32E
SEC 17: N/2 SE/4
NM
  LEA   041319JOA   JOA, SINCLAIR OIL AND GAS COMPANY AS OPERATOR   PHILLIPS PETROLEUM COMPANY, ET AL   3/15/1962   NM   LEA               CONTRACTUAL INTEREST ONLY
T20S R33E
SEC 14: N2SW
NM
  LEA   204397 FPO   NEW MEXICO OIL CONSERVATION DIVISION ORDER R-12915   MEWBOURNE OIL COMPANY, APPLICANT   3/10/2008   NM   LEA               FORCE POOLING ORDER
T20S R36E
SEC 20: ALL INTEREST OF CONOCOPHILLIPS COMPANY
NM   LEA           ALL CONTRACTUAL RIGHTS AND INTEREST UNDER THE TERMS AND PROVISIONS OF THAT CERTAIN UNRECORDED OPERATING AGREEMENT DATED JUNE 1, 2007 BETWEEN CIMAREX ENERGY CO., OF COLORADO, AS OPERATOR, AND SAMSON RESOURCES COMPANY, ET AL, AS NON-OPERATORS, WHICH COVERS THE S/2 OF SECTION 24, TOWNSHIP 19 SOUTH, RANGE 33 EAST, N.M.P.M., LEA COUNTY, NEW MEXICO. (AFTON 24 FEDERAL #1, ESMERALDA FEDERAL 24 #1)
NM   LEA           ALL RIGHTS ACQUIRED PURSUANT TO THAT CERTAIN ASSIGNMENT, CONVEYANCE, AND BILL OF SALE BY AND BETWEEN GEODYNE NOMINEE CORPORATION, AS ASSIGNOR, AND SAMSON RESOURCES COMPANY, AS ASSIGNEE DATED EFFECTIVE JANUARY 1, 2008, RECORDED IN BOOK 1631, PAGE 665 OF THE RECORDS OF LEA COUNTY, NEW MEXICO.
NM   LEA           ALL RIGHT, TITLE AND INTEREST IN, TO AND UNDER, OR DERIVED FROM THAT CERTAIN OPERATING AGREEMENT DATED FEBRUARY 3, 1955, EFFECTIVE AS OF FEBRUARY 1, 1963, AS AMENDED, BETWEEN THE TEXAS COMPANY, AS OPERATOR, AND PEERLESS OIL AND GAS COMPANY, AS NON-OPERATOR, COVERING THE E/2 OF SECTION 11, AND S/2 N/2, N/2 S/2 OF SECTION 12, TOWNSHIP 20 SOUTH, RANGE 37 EAST, N,M.P.M., LEA COUNTY, NEW MEXICO.
NM   LEA           ALL OF ASSIGNOR’S RIGHT, TITLE AND INTEREST DERIVED FROM THAT CERTAIN PARTICIPATION LETTER AGREEMENT DATED FEBRUARY 20, 2004, BY AND BETWEEN DEVON ENERGY CORPORATION AND SAMSON RESOURCES COMPANY AS THE SAME PERTAINS TO THAT CERTAIN JOINT OPERATING AGREEMENT DATED FEBRUARY 18, 1998, BY AND BETWEEN SANTA FE ENERGY RESOURCES, INC., AS OPERATOR, AND PHILLIPS PETROLEUM COMPANY, AT AL, AS NON-OPERATORS, COVERING THE NORTH 630.08 ACRES, BEING LOTS 1-16, OF SECTIO N 1, TOWNSHIP 21 SOUTH, RANGE 34 EAST, LEA COUNTY, NEW MEXICO.
NM
  EDDY     041490     PENROC OIL CORPORATION   PHILLIPS PETROLEUM COMPANY   9/20/1963   NM   EDDY               FARMOUT & OPERATING AGREEMENT
T21S R24E
SEC 19: ALL
NM
  EDDY   ADD 100   UNITED STATES OF AMERICA   TIM DALY   5/1/1974   NM   EDDY               CONTRACTUAL INTEREST ONLY PURSUANT TO JOA
23S-29E
SEC 29: W2
NM   EDDY           ALL CONTRACTUAL RIGHTS ACQUIRED PURSUANT TO JOINT OPERATING AGREEMENT DATED JUNE 15, 2008 BETWEEN EOG RESOURCES, INC., AS OPERATOR, AND READ & STEVENS, INC., ET AL, AS NON-OPERATORS, COVERING THE W/2 OF SECTION17 AND E/2 OF SECTION 18, TOWNSHIP 18 SOUTH, RANGE 30 EAST, N,M,P,M., EDDY COUNTY, NEW MEXICO. (SAND TANK 18 FED COM #2H, #3H AND #4H)
CERTAIN INTERESTS SHOWN ABOVE WERE ACQUIRED PURSUANT TO THE FOLLOWING INSTRUMENTS:
             
NM LEA
    1.     MINERAL DEED AND CONVEYANCE BY AND BETWEEN MUIRFIELD 1987 MINERAL PURCHASE LIMITED PARTNERSHIP, ALSO KNOWN AS ARBUCKLE-MUIRFIELD 1987 MINERAL PURCHASE LIMITED PARTNERSHIP, AND GEODYNE NOMINEE CORPORATION DATED MAY 8, 1990, EFFECTIVE JANUARY 1, 1990, AS RECORDED IN BOOK 464 AT PAGE 110 OF THE DEED RECORDS OF LEA COUNTY, NEW MEXICO.
 
           
NM LEA
    2.     MINERAL DEED AND CONVEYANCE BY AND BETWEEN MUIRFIELD RESOURCES COMPANY AND GEODYNE NOMINEE CORPORATION DATED MAY 8, 1990, EFFECTIVE JANUARY 1, 1990, AS RECORDED IN BOOK 464 AT PAGE 336 OF THE DEED RECORDS OF LEA COUNTY, NEW MEXICO.
 
           
NM LEA
    3.     MINERAL DEED AND CONVEYANCE BY AND BETWEEN MUIRFIELD RESOURCES COMPANY AND GEODYNE NOMINEE CORPORATION DATED JULY 26, 1990, EFFECTIVE JANUARY 1, 1990, AS RECORDED IN BOOK 465 AT PAGE 403 OF THE DEED RECORDS OF LEA COUNTY, NEW MEXICO.
 
           
NM LEA
    4.     ASSIGNMENT, BILL OF SALE AND CONVEYANCE BY AND BETWEEN PRIMARY FUELS, INC. AND GEODYNE NOMINEE CORPORATION, DATED MARCH 1, 1989, EFFECTIVE JULY 1, 1988, RECORDED IN BOOK 452 AT PAGE 274 OF THE DEED RECORDS OF LEA COUNTY, NEW MEXICO.
 
           
NM LEA
    5.     ASSIGNMENT, BILL OF SALE AND CONVEYANCE BY AND BETWEEN HEATHARY RESOURCES, INC. AND GEODYNE NOMINEE CORPORATION, DATED MARCH 31, 1989, EFFECTIVE JUNE 30, 1988, RECORDED IN BOOK 436 AT PAGE 752 OF
 
           
NM LEA
    6.     ASSIGNMENT AND BILL OF SALE BY AND BETWEEN HEATHARY RESOURCES, INC. AND SAMSON RESOURCES COMPANY, DATED FEBRUARY 1, 1993, RECORDED IN BOOK 488 AT PAGE 559 OF THE OIL AND GAS RECORDS OF LEA COUNTY, NEW MEXICO.
 
           
NM LEA
    7.     ASSIGNMENT OF OIL AND GAS INTEREST BY AND BETWEEN SAMSON RESOURCES COMPANY AND GEODYNE NOMINEE CORPORATION DATED DECEMBER 29, 1994, EFFECTIVE FEBRUARY 1, 1993, RECORDED IN BOOK 509 AT PAGE 705 OF THE DEED RECORDS OF LEA COUNTY, NEW MEXICO.
 
           
NM LEA
    8.     STIPULATION OF INTEREST, ASSIGNMENT AND CROSS CONVEYANCE BY AND BETWEEN GEODYNE NOMINEE CORPORATION AND HEATHARY RESOURCES, INC., DATED EFFECTIVE SEPTEMBER 1, 1992, RECORDED IN BOOK 566, PAGE 369 OF THE MISCELLANEOUS RECORDS OF LEA COUNTY, NEW MEXICO.

Page 10 of 128 Pages


 

             
NM LEA
    9.     MINERAL DEED AND BILL OF SALE BY AND BETWEEN SUN OPERATING LIMITED PARTNERSHIP, AND ORYX ENERGY COMPANY, AND SAMSON RESOURCES COMPANY, DATED EFFECTIVE NOVEMBER 1, 1994, RECORDED AS INSTRUMENT NO. 65430, DEED 507, PAGE 26 OF THE DEED RECORDS OF LEA COUNTY, NEW MEXICO.
 
           
NM LEA
    10.     TERM ROYALTY DEED BY AND BETWEEN SUN OPERATING LIMITED PARTNERSHIP, AND ORYX ENERGY COMPANY AND SAMSON RESOURCES COMPANY, DATED EFFECTIVE THE NOVEMBER 1, 1994, RECORDED AS INSTRUMENT NO. 65428, DEED 507, PAGE 12 OF THE DEED RECORDS OF LEA COUNTY, NEW MEXICO.
 
           
SUBJECT TO THE TERMS, CONDITIONS AND LIMITATIONS SET FORTH IN THE FORM OF CONVEYANCE TO WHICH THIS EXHIBIT “A” IS ATTACHED, IT IS THE INTENT OF GRANTOR TO CONVEY ANY AND ALL INTERESTS ACQUIRED PURSUANT TO THE FOLLOWING INSTRUMENTS:
 
           
NM LEA
    1.     ASSIGNMENT AND BILL OF SALE BY AND BETWEEN SAMSON LONE STAR, LLC, ET AL, AS ASSIGNOR, AND ENDURO OPERATING LLC, AS ASSIGNEE, DATED JANUARY 4, 2011, EFFECTIVE OCTOBER 1, 2010, AS RECORDED IN BOOK 1714, PAGE 657, RECORDS OF LEA COUNTY, NEW MEXICO.
 
           
NM LEA
    2.     ASSIGNMENT AND BILL OF SALE BY AND BETWEEN CONOCOPHILLIPS COMPANY AND BURLINGTON RESOURCES OIL AND GAS COMPANY LP, AS ASSIGNOR, AND ENDURO OPERATING LLC, AS ASSIGNEE, DATED FEBRUARY 28, 2011, EFFECTIVE NOVEMBER 1, 2010, AS RECORDED IN BOOK 1722, PAGE 340, RECORDS OF LEA COUNTY, NEW MEXICO.
 
           
NM LEA
    3.     CORRECTION TO ASSIGNMENT AND BILL OF SALE BY AND BETWEEN CONOCOPHILLIPS COMPANY AND BURLINGTON RESOURCES OIL AND GAS COMPANY LP, AS ASSIGNOR, AND ENDURO OPERATING LLC, AS ASSIGNEE, DATED JUNE 1, 2011, EFFECTIVE NOVEMBER 1, 2010, AS RECORDED IN BOOK 1732, PAGE 510, RECORDS OF LEA COUNTY, NEW MEXICO.
 
           
NM EDDY
    4.     ASSIGNMENT AND BILL OF SALE BY AND BETWEEN SAMSON LONE STAR, LLC, ET AL, AS ASSIGNOR, AND ENDURO OPERATING LLC, AS ASSIGNEE, DATED JANUARY 4, 2011, EFFECTIVE OCTOBER 1, 2010, AS RECORDED IN RECEPTION NO. 1101080, BOOK 842, PAGE 381, RECORDS OF EDDY COUNTY, NEW MEXICO.
 
           
NM EDDY
    5.     ASSIGNMENT AND BILL OF SALE BY AND BETWEEN CONOCOPHILLIPS COMPANY AND BURLINGTON RESOURCES OIL AND GAS COMPANY LP, AS ASSIGNOR, AND ENDURO OPERATING LLC, AS ASSIGNEE, DATED FEBRUARY 28, 2011, EFFECTIVE NOVEMBER 1, 2010, AS RECORDED IN RECEPTION NO. 1103222, BOOK 848, PAGE 335, RECORDS OF EDDY COUNTY, NEW MEXICO.
 
           
NM EDDY
    6.     AMENDMENT TO ASSIGNMENT AND BILL OF SALE BY AND BETWEEN CONOCOPHILLIPS COMPANY AND BURLINGTON RESOURCES OIL AND GAS COMPANY LP, AS ASSIGNOR, AND ENDURO OPERATING LLC, AS ASSIGNEE, DATED APRIL 28, 2011, EFFECTIVE NOVEMBER 1, 2010, AS RECORDED IN RECEPTION NO. 1105104, BOOK 853, PAGE 784, RECORDS OF EDDY COUNTY, NEW MEXICO.
 
           
NM CHAVES
    7.     ASSIGNMENT AND BILL OF SALE BY AND BETWEEN CONOCOPHILLIPS COMPANY AND BURLINGTON RESOURCES OIL AND GAS COMPANY LP, AS ASSIGNOR, AND ENDURO OPERATING LLC, AS ASSIGNEE, DATED FEBRUARY 28, 2011, EFFECTIVE NOVEMBER 1, 2010, AS RECORDED IN BOOK 676, PAGE 995, RECORDS OF CHAVES COUNTY, NEW MEXICO.

Page 11 of 128 Pages


 

Permian Texas Leases
                                                             
                        LEASE   RECORDED   RECORDED                
ST   COUNTY   LEASE NO   LESSOR / GRANTOR   LESSEE / GRANTEE   DATE   ST   COUNTY     BOOK     PAGE     ENTRY   DESCRIPTION
TX
  ANDREWS     42.02135.00A     PUTNAM, J. C., ET UX   J C WILLIAMSON   8/23/1955   TX   ANDREWS     157       420              
TX
  ANDREWS     42.02135.00B     SHELBY, W.E., ET AL   H C HOOD   10/5/1955   TX   ANDREWS     160       430              
TX
  ANDREWS     42.02135.00C     NADEN, G.C.   H C HOOD   12/1/1955   TX   ANDREWS     163       122              
TX
  ANDREWS     42.02135.00D     BLACKWOOD, F.G., ET UX   H C HOOD   11/15/1955   TX   ANDREWS     162       7              
TX
  ANDREWS     42.02135.00E     FLYNN, STREETER B   H C HOOD   10/5/1955   TX   ANDREWS     159       502              
TX
  ANDREWS     42.02135.00F     NICHOLS, JNO, W., ET UX   H C HOOD   11/15/1955   TX   ANDREWS     162       6              
TX
  ANDREWS     42.02135.00G     COLBERT, TED   H C HOOD   10/5/1955   TX   ANDREWS     159       498              
TX
  ANDREWS     42.02135.00H     HOLDEN, REX   H C HOOD   10/5/1955   TX   ANDREWS     164       424              
TX
  ANDREWS     42.02135.00I     NEILSON, C.M.   H C HOOD   10/10/1955   TX   ANDREWS     159       500              
TX
  ANDREWS     42.02135.00J     CARTER, J.W.   H C HOOD   12/3/1956   TX   ANDREWS     185       540              
TX
  ANDREWS     42.02135.00K     NORTH CENTRAL OIL CORPORATION   H C HOOD   10/5/1955   TX   ANDREWS     159       496              
TX
  ANDREWS     42.02135.00L     BURDEN, ELIZABETH LEAKE, ET VIR   H C HOOD   5/21/1956   TX   ANDREWS     173       20              
TX
  ANDREWS     42.02135.00M     MOSBACHER, EMIL   J C WILLIAMSON   1/24/1957   TX   ANDREWS     192       131              
TX
  ANDREWS     C.904064.000     STATE OF TEXAS MF 22898   J R COLLINS INC
PHILLIPS PETRO CO ET AL
  10/25/1937   TX   ANDREWS     44       11             BLOCK 11, UNIVERSITY LANDS
SEC 1: SE
TX
  ANDREWS     C.904164.000     STATE OF TEXAS MF-23319   J R COLLINS INC
PHILLIPS PETRO CO ET AL
  3/28/1938   TX   ANDREWS     44       72             BLOCK 11, UNIVERSITY LANDS
SEC 1: SW
TX
  ANDREWS     C.904733.000     O B HOLT ET AL   BRODERICK CALVERT   10/28/1925   TX
TX
  ECTOR
ANDREWS
  18
11
  588
402
          1N, BLK 43, T&P RR CO SVY
SEC 13: E2SE
SEC 17: NE, S2, S2NW
SEC 20: NE
SEC B: S 327 ACRES
TX
  ANDREWS     C.906806.000     STATE OF TEXAS M-28580   THE ATLANTIC REFINING COMPANY   3/31/1944   TX   ANDREWS     44       549             BLOCK 11, UNIVERSITY LANDS
SEC 1: NW
TX
  ANDREWS     C.906807.000     STATE OF TEXAS M-26630   THE ATLANTIC REFINING COMPANY   11/14/1941   TX   ANDREWS     44       548             BLOCK 11, UNIVERSITY LANDS
SEC 1: NE
TX
  ANDREWS     C.927167.000     STATE OF TEXAS M 39827   R E WILLIAMS   12/12/1952   TX   ANDREWS     116       63             BLOCK 1, UNIVERSITY LANDS
SEC 28: W2
TX
  BORDEN     42.02112.000     JOHNSON, W D AND ANNA, ET   AL TEXAS PACIFIC COAL AND OIL COMPANY   3/27/1946   TX   BORDEN     45       325              
TX
  BORDEN     42.02145.00A     MORREL, C D ET AL   G G JONES   1/3/1950   TX   BORDEN     55       375              
TX
  BORDEN     C.908937.000     A M CLAYTON ET AL   J R COLLINS INC
PHILLIPS PETRO CO ET AL
  10/20/1950   TX   BORDEN     58       523             BLOCK 32, T4N, T&P RR CO SVY
SEC 5: W2
SEC 6: E2
SEC 7: E2
SEC 8: W2
SEC 17: W2
SEC 18: E2,NW
TX
  COCHRAN     C.916300.000     MARY COOKE ELLIS ET AL   TIDE WATER ASSOC OIL COMPANY   6/30/1937   TX   COCHRAN     2       133             LEAGUE 63, MIDLAND COUNTY SCHOOL LAND
LABOR 18: ALL
LABOR 19: ALL
TX
  COCHRAN     C.919394.000     C L GRISSOM ET UX   ALMA MCCUTCHIN ET AL   2/24/1950   TX   COCHRAN     10       44             LEAGUE 62, MIDLAND COUNTY SCHOOL LAND
TRACT 1: NORTH OF HWY 24
TRACT 10: NORTH OF HWY 24
TX
  COCHRAN     C.919395.000     W W HAMMETT ET UX   O C EWING   3/21/1944   TX   COCHRAN     3       560             LEAGUE 63, MIDLAND COUNTY SCHOOL LAND
LABOR 24: ALL
LABOR 17: ALL SOUTH OF HWY 290
TX
  COCHRAN     C.919396.000     ESTELLE WHALEY MCWHERTER ET VIR   OHIO OIL COMPANY   4/8/1937   TX   COCHRAN     1       557             LEAGUE 63, MIDLAND COUNTY SCHOOL LAND
LABOR 10: ALL
LABOR 11: ALL
LABOR 20: ALL
LABOR 21: ALL
LABOR 22: ALL
LABOR 23: ALL
TX
  COCHRAN     C.929135.000     CALLIE PIERCY ET AL   BEN E GRIFFIN   7/14/1952   TX   COCHRAN     11       135             LEAGUE 63, MIDLAND COUNTY SCHOOL LAND
LABOR 25: EAST 79.35 ACRES
TX
  CRANE     42.02054.00B     TUBB, J.B.   S.W RICHARDSON   9/28/1935   TX   CRANE     27       39             SURVEY: PSL, ABSTRACT: 1136
BLOCK: 32
SECTION: 30: SE4

Page 12 of 128 Pages


 

                                                             
                        LEASE   RECORDED   RECORDED                
ST   COUNTY   LEASE NO   LESSOR / GRANTOR   LESSEE / GRANTEE   DATE   ST   COUNTY     BOOK     PAGE     ENTRY   DESCRIPTION
TX
  CRANE     42.02067.00A     MUNN, GEORGE ET UX   E B WHITE JR   2/4/1971   TX   CRANE     222       380              
TX
  CRANE     42.02067.00B     HANKS, BEULAH WALTON   E B WHITE JR   2/4/1971   TX   CRANE     222       384              
TX
  CRANE     42.02067.00C     LUCAS, ADA MAE MUNN ET VI   E B WHITE JR   2/4/1971   TX   CRANE     222       382              
TX
  CRANE     42.02067.00D     EATON, ALICE MUNN   E B WHITE JR   2/4/1971   TX   CRANE     223       178              
TX
  CRANE     42.02067.00E     MUNN, JOHN   E B WHITE JR   2/4/1971   TX   CRANE     223       180              
TX
  CRANE     42.02067.00F     MUNN, HENRY   E B WHITE JR   2/4/1971   TX   CRANE     223       491              
TX
  CRANE     42.02067.00G     MUNN, WILLIE   E B WHITE JR   2/4/1971   TX   CRANE     223       481              
TX
  CRANE     42.02067.00H     MUNN, E. D. ET UX   WILBANKS BRUCE A   11/16/1966   TX   CRANE     193       425              
TX
  CRANE     42.02067.00I     HEDBERG, H. A. ET UX   E B WHITE JR   10/14/1971   TX   CRANE     226       307              
TX
  CRANE     42.02067.00J     SABINE ROYALTY CORP.   E B WHITE JR   11/1/1971   TX   CRANE     227       182              
TX
  CRANE     42.02067.00K     IVERSON, MARJORIE WELCH   E B WHITE JR   10/14/1971   TX   CRANE     227       185              
TX
  CRANE     42.02067.00L     IVERSONS, INC.   E B WHITE JR   10/14/1971   TX   CRANE     227       188              
TX
  CRANE     42.02067.00M     SENGER, JEWELL D. IVERSON   E B WHITE JR   10/14/1971   TX   CRANE     227       188              
TX
  CRANE     42.02067.00N     MONROE, DOROTHY C. IVERSON   E B WHITE JR   10/14/1971   TX   CRANE     227       194              
TX
  CRANE     42.02067.00O     PENROSE, NEVILLE G.   E B WHITE JR   10/14/1971   TX   CRANE     227       196              
TX
  CRANE     42.02067.00P     HOMESTAKE OIL & GAS CO.   E B WHITE JR   10/14/1971   TX   CRANE     227       199              
TX
  CRANE     42.02067.00Q     TERRILL, J. V. EST.   E B WHITE JR   10/14/1971   TX   CRANE     227       202              
TX
  CRANE     42.02067.00R     LEONARD, JOHN MARVIN EST.   E B WHITE JR   10/14/1971   TX   CRANE     227       202              
TX
  CRANE     42.02067.00S     CUMMINS, R. H.   E B WHITE JR   10/14/1971   TX   CRANE     227       208              
TX
  CRANE     42.02067.00T     BERGER, W. R.   E B WHITE JR   10/14/1971   TX   CRANE     227       211              
TX
  CRANE     42.02067.00U     HILL, EMMA   E B WHITE JR   10/14/1971   TX   CRANE     227       214              
TX
  CRANE     42.02067.00V     HILL, GEORGE P. ET UX   E B WHITE JR   10/14/1971   TX   CRANE     227       217              
TX
  CRANE     42.02067.00W     MEEKER, EDNA H. EST   E B WHITE JR   10/14/1971   TX   CRANE     227       220              
TX
  CRANE     42.02067.00X     LA FORCE, W. WATSON ET UX   E B WHITE JR   10/14/1971   TX   CRANE     227       223              
TX
  CRANE     42.02067.00Y     CARTER, G. R. ET UX   E B WHITE JR   10/14/1971   TX   CRANE     227       226              
TX
  CRANE     42.02067.00Z     MC RAE, HAMILTON E., TRUST   E B WHITE JR   10/14/1971   TX   CRANE     227       229              
TX
  CRANE   42.02067.0AA   ATLANTIC RICHFIELD COMPANY   AMERICAN QUASAR PETROLEUM CO   3/3/1972   TX   CRANE     229       14              
TX
  CRANE   42.02067.0AB   SOUTHLAND ROYALTY CO.   AMERICAN QUASAR PETROLEUM CO   11/22/1971   TX   CRANE     229       11              
TX
  CRANE     42.02068.00A     GARST, JAMES D.   E B WHITE JR   11/11/1971   TX   CRANE     227       232              
TX
  CRANE     42.02068.00B     HARRIS, WILLIAM E. ET UX   E B WHITE JR   11/11/1971   TX   CRANE     227       234              
TX
  CRANE     42.02068.00C     HOGAN, MARY AUGUSTA GANNO   E B WHITE JR   11/11/1971   TX   CRANE     227       237              
TX
  CRANE     C.088927.001     HAZEL GREENE IND & EXEC   CHARLES B RENAUD & JACK C TUNSTILL   4/11/1955   TX   CRANE     98       229             BLOCK B 27, PSL
SEC 16: ALL
TX
  CRANE     C.088927.002     HAMILTON E MCRAE TRUSTEE   CHARLES B RENAUD & JACK C TUNSTILL   3/21/1955   TX   CRANE     94       347             BLOCK B 27, PSL
SEC 16: ALL
TX
  CRANE     C.088927.003     J V TERRILL ET AL   CHARLES B RENAUD &
JACK C TUNSTILL
  3/21/1955   TX   CRANE     94       345             BLOCK B 27, PSL
SEC 16: ALL
TX
  CRANE     C.088927.004     W W WEST   CHARLES B RENAUD & JACK C TUNSTILL   4/9/1955   TX   CRANE     94       352             BLOCK B 27, PSL
SEC 16: ALL
TX
  CRANE     C.088927.005     L R KERSHAW ET AL   CHARLES B RENAUD & JACK C TUNSTILL   3/21/1955   TX   CRANE     94       355             BLOCK B 27, PSL
SEC 16: ALL
TX
  CRANE     C.088927.006     JULIAN E SIMON   CHARLES B RENAUD & JACK C TUNSTILL   3/21/1955   TX   CRANE     94       357             BLOCK B 27, PSL
SEC 16: ALL
TX
  CRANE     C.088927.007     LOUIS KRAVIS ET AL   CHARLES B RENAUD & JACK C TUNSTILL   3/21/1955   TX   CRANE     94       358             BLOCK B 27, PSL
SEC 16: ALL
TX
  CRANE     C.088927.008     J D FAULKNER JR   CHARLES B RENAUD & JACK C TUNSTILL   3/21/1955   TX   CRANE     94       363             BLOCK B 27, PSL
SEC 16: ALL
TX
  CRANE     C.088927.009     J M WHITE   CHARLES B RENAUD & JACK C TUNSTILL   3/21/1955   TX   CRANE     94       329             BLOCK B 27, PSL
SEC 16: ALL
TX
  CRANE     C.088927.010     YETTA ROSENBLOOM ET AL   CHARLES B RENAUD & JACK C TUNSTILL   5/2/1955   TX   CRANE     94       365             BLOCK B 27, PSL
SEC 16: ALL
TX
  CRANE     C.088927.011     W T BONNER ET AL   CHARLES B RENAUD & JACK C TUNSTILL   4/6/1955   TX   CRANE     94       334             BLOCK B 27, PSL
SEC 16: ALL
TX
  CRANE     C.088927.012     NORTH CENTRAL TEXAS OIL COMPANY INC   CHARLES B RENAUD & JACK C TUNSTILL   3/21/1955   TX   CRANE     94       367             BLOCK B 27, PSL
SEC 16: ALL
TX
  CRANE     C.088927.013     JOHN CLEARY   CHARLES B RENAUD & JACK C TUNSTILL   3/21/1955   TX   CRANE     94       369             BLOCK B 27, PSL
SEC 16: ALL

Page 13 of 128 Pages


 

                                                             
                        LEASE   RECORDED   RECORDED                
ST   COUNTY   LEASE NO   LESSOR / GRANTOR   LESSEE / GRANTEE   DATE   ST   COUNTY     BOOK     PAGE     ENTRY   DESCRIPTION
TX
  CRANE     C.088927.014     JESSEE T OWENS ET AL   CHARLES B RENAUD & JACK C TUNSTILL   3/21/1955   TX   CRANE     94       371             BLOCK B 27, PSL
SEC 16: ALL
TX
  CRANE     C.088927.015     TOKLAN OIL CORPORATION   CHARLES B RENAUD & JACK C TUNSTILL   7/18/1955   TX   CRANE     96       186             BLOCK B 27, PSL
SEC 16: ALL
TX
  CRANE     C.088927.016     CLIFFORD MOOERS   CHARLES B RENAUD & JACK C TUNSTILL   5/25/1955   TX   CRANE     94       350             BLOCK B 27, PSL
SEC 16: ALL
TX
  CRANE     C.088927.017     FRANK MACKAY ET UX   CHARLES B RENAUD & JACK C TUNSTILL   6/20/1955   TX   CRANE     94       325             BLOCK B 27, PSL
SEC 16: ALL
TX
  CRANE     C.088927.018     MIDLAND OIL CORPORATION   CHARLES B RENAUD & JACK C TUNSTILL   6/20/1955   TX   CRANE     94       327             BLOCK B 27, PSL
SEC 16: ALL
TX
  CRANE     C.089296.001     ROGER B OWINGS   CHARLES B RENAUD & JACK C TUNSTILL   6/23/1955   TX   CRANE     94       341             BLOCK B 27, PSL
SEC 16: NW, SE
TX
  CRANE     C.089296.002     CHESTER H WESTFALL ET AL   CHARLES B RENAUD & JACK C TUNSTILL   6/23/1955   TX   CRANE     97       191             BLOCK B 27, PSL
SEC 16: NW SE
TX
  CRANE     C.089297.001     CAROLYN L WESTFALL ET AL   BUFFALO OIL COMPANY   1/14/1957   TX   CRANE     113       268             BLOCK B 27, PSL
SEC 16: ALL
TX
  CROCKETT     42.02080.00A     BUSBY, JERRY SCOTT   W B ROBBINS III   9/12/2005   TX   CROCKETT     656       522       144166      
TX
  CROCKETT     42.02081.00A     COATS, RICHARD H.   W.B.ROBBINS III   9/23/2005   TX   CROCKETT     657       537       144341      
TX
  CROCKETT     42.02082.00A     SIGMAR, INC.   W B ROBBINS III   9/23/2005   TX   CROCKETT     657       543       144344      
TX
  CROCKETT     42.02082.00B     MAYFIELD, STANLEY, ET AL   W B ROBBINS III   9/12/2005   TX   CROCKETT     656       509       144165      
TX
  CROCKETT     42.02082.00C     LAJ CORPORATION   W B ROBBINS III   9/23/2005   TX   CROCKETT     657       553       14439      
TX
  CROCKETT     42.02082.00D     JUDSON PROPERTIES, LTD.   W B ROBBINS III   9/23/2005   TX   CROCKETT     657       551       144348      
TX
  CROCKETT     42.02082.00E     MARTIN REVOCABLE TRUST   W B ROBBINS III   9/23/2005   TX   CROCKETT     657       541       144343      
TX
  CROCKETT     42.02082.00F     MARTIN, S.,REVOCABLE TR.   W.B ROBBINS III   9/23/2005   TX   CROCKETT     657       539       144342      
TX
  CROCKETT     42.02082.00G     JUDSON, JUDITH L.   W.B ROBBINS III   9/23/2005   TX   CROCKETT     657       547       144346      
TX
  CROCKETT     42.02082.00H     JUDSON, DONALD H.   W.B ROBBINS III   9/23/2005   TX   CROCKETT     657       549       144347      
TX
  CROCKETT     42.02082.00I     JUDSON, LINDA S.   W.B ROBBINS III   9/23/2005   TX   CROCKETT     657       545       144345      
TX
  CROCKETT     42.02082.00J     PHILPY, LIZA W.   W.B ROBBINS III   9/23/2005   TX   CROCKETT     657       555       144350      
TX
  CROCKETT     42.02082.00K     CLARK, JENNIFER W.   W.B ROBBINS III   9/23/2005   TX   CROCKETT     657       557       144351      
TX
  CROCKETT     42.02082.00L     RICHARDSON, WADE CLAY, ET   W.B ROBBINS III   9/12/2005   TX   CROCKETT     656       530       144167      
TX
  CROCKETT     42.02082.00M     PERRY, FRANCIS AMY, ET AL   W.B ROBBINS III   9/12/2005   TX   CROCKETT     656       501       144164      
TX
  CROCKETT     42.02083.00A     GEODYNE NOMINEE CORPORATION   SAMSON LONE STAR LIMITED PARTNERSHIP   11/1/2005   TX   CROCKETT     661       797       145036      
TX
  CROCKETT     42.02095.00A     DWYER, MARY LOUISE HARVICK   DOMINION OKLAHOMA TEXAS E P INC   4/7/2003   TX   CROCKETT     622       297       138433      
TX
  CROCKETT     42.02095.00B     WALTON, PEGGY   DOMINION OKLAHOMA TEXAS E P INC   4/11/2003   TX   CROCKETT     622       430       138461      
TX
  CROCKETT     42.02095.00C     MASTERS, MELISSA A.   DOMINION OKLAHOMA TEXAS E P INC   4/10/2003   TX   CROCKETT     622       431       138462      
TX
  CROCKETT     42.02095.00D     BUSBY, JERRY SCOTT   DOMINION OKLAHOMA TEXAS E P INC   5/12/2003   TX   CROCKETT     623       641       138659      
TX
  CROCKETT     42.02095.00E     HARVICK, JAMES A., III   DOMINION OKLAHOMA TEXAS E P INC   4/7/2003   TX   CROCKETT     623       642       138660      
TX
  CROCKETT     42.02174.00A     ADAMS, SHIRLEY YOUNG   PERRY & PERRY INC   2/13/1995   TX   CROCKETT     517       247              
TX
  CROCKETT     42.02174.00B     PROCTOR, VIRGINIA L.   PERRY & PERRY INC   3/22/1995   TX   CROCKETT     517       251              
TX
  CROCKETT     42.02174.00C     JONAS, HENRY F. III   PERRY & PERRY INC   3/20/1995   TX   CROCKETT     517       249              
TX
  CROCKETT     42.02174.00D     DURAN, ANNE ADAMS   PERRY & PERRY INC   3/15/1995   TX   CROCKETT     522       46              
TX
  CROCKETT     42.02174.00E     GODFREY, MICHAEL A.   PERRY & PERRY INC   3/15/1995   TX   CROCKETT     517       245              
TX
  CROCKETT     42.02174.00F     ADAMS, WILLIAM J.   PERRY & PERRY INC   3/15/1995   TX   CROCKETT     522       40              
TX
  CROCKETT     42.02174.00G     BAUGHN, LETYR PROCTOR   PERRY & PERRY INC   3/15/1995   TX   CROCKETT     516       239              
TX
  CROCKETT     42.02174.00H     ADAMS, SAM J. III   PERRY & PERRY INC   3/15/1995   TX   CROCKETT     522       42              
TX
  CROCKETT     42.02174.00I     DEAVITT, MARY PRISCILLA   PERRY & PERRY INC   3/15/1995   TX   CROCKETT     522       50              
TX
  CROCKETT     42.02174.00J     GILMORE, JOE C.   PERRY & PERRY INC   2/21/1995   TX   CROCKETT     522       48              
TX
  CROCKETT     42.02174.00K     CARMICHAEL FAITH YOUNG   PERRY & PERRY INC   2/13/1995   TX   CROCKETT     522       44              
TX
  CROCKETT     42.02174.00L     BENJAMIN, ANN L.   PERRY & PERRY INC   6/12/1998   TX   CROCKETT     558       563              
TX
  CROCKETT     42.02174.00M     MILBY, JOHN C.   VENUS EXPLORATION INC   1/1/1999   TX   CROCKETT     579       461              
TX
  CROCKETT     42.02174.00N     BROWN, MARY MILBY   VENUS EXPLORATION INC   1/1/1999   TX   CROCKETT     579       463              
TX
  CROCKETT     42.02174.00O     MILBY, CHARLES D., JR.   VENUS EXPLORATION INC   1/1/1999   TX   CROCKETT     579       459              
TX
  CROCKETT     42.02174.00P     DUDLEY, ELIZABETH   J R COLLINS INC   3/26/1998   TX   CROCKETT     556       640       127606      
TX
  CROCKETT     42.02174.00Q     BURNS, JANE MORELAND   J R COLLINS INC   4/7/1998   TX   CROCKETT     556       637              
TX
  CROCKETT     42.02174.00R     MORELAND, CHARLES F., JR.   J R COLLINS INC   4/8/1998   TX   CROCKETT     556       609              
TX
  CROCKETT     42.02174.00S     MORELAND, THEODORE L.   J R COLLINS INC   4/8/1998   TX   CROCKETT     557       555              
TX
  CROCKETT     42.02174.00T     CUMMINS, MOLLIE   J R COLLINS INC   4/9/1998   TX   CROCKETT     557       557              

Page 14 of 128 Pages


 

                                                             
                        LEASE   RECORDED   RECORDED                
ST   COUNTY   LEASE NO   LESSOR / GRANTOR   LESSEE / GRANTEE   DATE   ST   COUNTY     BOOK     PAGE     ENTRY   DESCRIPTION
TX
  CROCKETT     42.02174.00U     ALDREDGE, H. R., III   J R COLLINS INC   5/13/1998   TX   CROCKETT     557       559              
TX
  CROCKETT     42.02174.00V     GATLING, PATRICIA   J R COLLINS INC   4/9/1998   TX   CROCKETT     558       55              
TX
  CROCKETT     42.02174.00W     SHELBURNE, GEORGE   J R COLLINS INC   6/8/1998   TX   CROCKETT     558       400              
TX
  CROCKETT     42.02174.00X     ALDREDGE, GEORGE N, JR.   J R COLLINS INC   6/8/1998   TX   CROCKETT     558       443              
TX
  CROCKETT     42.02174.00Y     ALLEN, EUGENIE   J R COLLINS INC   7/10/1998   TX   CROCKETT     558       670              
TX
  CROCKETT     42.02174.00Z     SNEED COMPANY   J R COLLINS INC   7/9/1998   TX   CROCKETT     558       667              
TX
  CROCKETT   42.02174.0AA   NEILD, ALICE SHELBURNE   J R COLLINS INC   6/8/1998   TX   CROCKETT     558       794              
TX
  CROCKETT   42.02174.0AB   BEST, GERTRUDE   J R COLLINS INC   6/8/1998   TX   CROCKETT     558       791              
TX
  CROCKETT   42.02174.0AC   BLAKER, JAMES A., ET UX   J R COLLINS INC   7/14/1998   TX   CROCKETT     558       797              
TX
  CROCKETT   42.02174.0AD   SHELBURNE, SAMUEL A.   J R COLLINS INC   6/8/1998   TX   CROCKETT     558       788              
TX
  CROCKETT   42.02174.0AE   ALDREDGE, RENA MUNGER TRUST   J R COLLINS INC   6/30/1998   TX   CROCKETT     559       119              
TX
  CROCKETT   42.02174.0AF   MCENTIRE, MARY LYNN   J R COLLINS INC   7/22/1998   TX   CROCKETT     559       379              
TX
  CROCKETT   42.02174.0AG   CRAFT, IRENE MORELAND   J R COLLINS INC   8/11/1998   TX   CROCKETT     560       351              
TX
  CROCKETT   42.02174.0AH   BURLINGTON RESOURCES
OIL & GAS CO
  POGO PRODUCING COMPANY   8/1/1998   TX   CROCKETT     561       299              
TX
  CROCKETT   42.02174.0AI   PHILLIPS, JEAN G.   POGO PRODUCING COMPANY   12/29/1998   TX   CROCKETT     565       393              
TX
  CROCKETT   42.02174.0AJ   SHANKS, SALLY   J R COLLINS INC   9/9/1998   TX   CROCKETT     565       63              
TX
  CROCKETT   42.02174.0AK   SHANKS, STEPHEN R.   J R COLLINS INC   3/2/1999   TX   CROCKETT     567       48       129334      
TX
  CROCKETT   42.02174.0AL   LEWIS, HENRY LEE, JR.   ROCA RESOURCES COMPANY INC   8/24/1998   TX   CROCKETT     561       396              
TX
  CROCKETT   42.02174.0AM   KELLEY, MARY SUE LEWIS ESTATE   ROCA RESOURCES COMPANY INC   8/24/1998   TX   CROCKETT     561       394              
TX
  CROCKETT   42.02174.0AN   MCKNIGHT, MILDRED   ROCA RESOURCES COMPANY INC   8/8/1998   TX   CROCKETT     560       669              
TX
  CROCKETT     42.M0077.00A     O. W. PARKER, ET UX   PEERLESS OIL & GAS CO   3/14/1946   TX   CROCKETT     74       626              
TX
  DAWSON     C.905231.000     MARY J PETERSON ET VIR   C L GRIFFIN   8/4/1943   TX   DAWSON     13       33             T5N, BLK 34, T&P RR COMPANY SVY
SEC 40: N2W2/3
TRACT 1: E1/3
TRACT 2: LESS & EXCEPT 3 ACRES IN NE CORNER
TX
  DAWSON     C.908832.000     L B VAUGHN ET UX   BEARD TULLOUS INCORPORATION   9/29/1949   TX   DAWSON     25       503             T5N, BLK 34, T&P RR COMPANY SVY
SEC 39: NE
SEC 39: SE
TX
  DAWSON     C.909098.000     HERMAN PETTEWAY ET UX   PLYMOUTH OIL COMPANY   8/18/1943   TX   DAWSON     13       272             T5N, BLK 34, T&P RR COMPANY SVY
SEC 40: S2W2/3
TX
  DAWSON     C.909127.000     W C MCBRIDE ET AL   J D HUNTER   1/7/1942   TX   DAWSON     11       62             T5N, BLK 34, T&P RR COMPANY SVY
SEC 34: 240 ACRES OF S/2
TX
  DAWSON     C.916296.001     WINSTON WREN   TEXACO EXPLORATION & PRODUCTION INC   4/19/1993   TX   DAWSON     356       661       2038     T5N, BLK 34, T&P RR COMPANY SVY
SEC 41: E2SE
TX
  DAWSON     C.916297.001     RONNIE WREN   TEXACO EXPLORATION & PRODUCTION INC   4/19/1993   TX   DAWSON     356       653       2036     T5N, BLK 34, T&P RR COMPANY SVY
SEC 41: E2SE
TX
  DAWSON     C.916298.001     VERNA PITTAM   TEXACO EXPLORATION & PRODUCTION INC   4/19/1993   TX   DAWSON     356       649       2035     T5N, BLK 34, T&P RR COMPANY SVY
SEC 41: E2SE
TX
  DAWSON     C.916299.001     ALVIN HARRIS ET AL   TEXACO EXPLORATION & PRODUCTION INC   1/27/1993   TX   DAWSON     355       437       1267     T5N, BLK 34, T&P RR COMPANY SVY
SEC 41: E2SE
TX
  DAWSON     C.919404.001     CAROLYN TWEEDIE   TEXACO EXPLORATION & PRODUCTION INC   1/27/1993   TX   DAWSON     355       417       1262     T5N, BLK 34, T&P RR COMPANY SVY
SEC 41: E2NE
TX
  DAWSON     C.919405.001     WANDA JEAN ACCADIA   TEXACO EXPLORATION & PRODUCTION INC   1/27/1993   TX   DAWSON     355       429       1265     T5N, BLK 34, T&P RR COMPANY SVY
SEC 41: E2NE
TX
  DAWSON     C.919406.001     EDITH HEDRICK   TEXACO EXPLORATION & PRODUCTION INC   1/27/1993   TX   DAWSON     355       425       1264     T5N, BLK 34, T&P RR COMPANY SVY
SEC 41: E2NE
TX
  DAWSON     C.919407.001     DIANE ESMOND   TEXACO EXPLORATION & PRODUCTION INC   1/27/1993   TX   DAWSON     356       657       2037     T5N, BLK 34, T&P RR COMPANY SVY
SEC 41: E2NE
TX
  DAWSON     C.919408.001     STEVEN EARL ESMOND   TEXACO EXPLORATION & PRODUCTION INC   1/27/1993   TX   DAWSON     355       421       1263     T5N, BLK 34, T&P RR COMPANY SVY
SEC 41: E2NE
TX
  DAWSON     C.919409.001     CONLEY ESMOND ET AL   TEXACO EXPLORATION & PRODUCTION INC   1/27/1993   TX   DAWSON     355       433       1266     T5N, BLK 34, T&P RR COMPANY SVY
SEC 41: E2NE
TX
  ECTOR     42.02062.000     FRASER, GEORGE C., ET AL   ROWAN DRILLING CO   12/4/1939   TX   ECTOR     61       417              
TX
  ECTOR     42.02063.000     FRASER, GEORGE C., ET AL   MID-CONTINENT PETR   10/6/1941   TX   ECTOR     70       352              
TX
  ECTOR     42.02064.000     FRASER, GEORGE C., ET AL   MID-CONTINENT PETROL   4/24/1943   TX   ECTOR     76       91              
TX
  ECTOR     42.02065.000     FRASER, GEORGE C.   MID-CONTINENT PETROL   4/25/1941   TX   ECTOR     69       8              
TX
  ECTOR     42.02066.00A     COCHRAN, JIM KENNEDY,ETAL   CONKLING BROTHERS   10/30/1959   TX   ECTOR     354       97              

Page 15 of 128 Pages


 

                                                             
                        LEASE   RECORDED   RECORDED                
ST   COUNTY   LEASE NO   LESSOR / GRANTOR   LESSEE / GRANTEE   DATE   ST   COUNTY     BOOK     PAGE     ENTRY   DESCRIPTION
TX
  ECTOR     42.02066.00B     MARSH, CHARLES E., II   CONKLING BROTHERS   11/1/1959   TX   ECTOR     354       101              
TX
  ECTOR     42.02066.00C     GRIMES, OSCAR L., ET UX   CONKLING BROTHERS   10/30/1959   TX   ECTOR     354       104              
TX
  ECTOR     42.02066.00D     SCHERMERHORN OIL CORP.   CONKLING BROTHERS   10/30/1959   TX   ECTOR     354       91              
TX
  ECTOR     42.02066.00E     PARKER, T.R., ET UX   CONKLING BROTHERS   10/30/1959   TX   ECTOR     354       96              
TX
  ECTOR     42.02066.00F     REDFERN, ROSALIND, ET VIR   B.W WISEMAN JR   12/24/1959   TX   ECTOR     354       90              
TX
  ECTOR     42.02066.00G     VIERSEN, SAM K., ET AL   CONKLING BROTHERS   11/2/1959   TX   ECTOR     354       76              
TX
  ECTOR     42.02066.00H     BUTLER, ALMOND D., ESTATE   CONKLING BROTHERS   11/2/1959   TX   ECTOR     354       79              
TX
  ECTOR     42.02084.00A     ATLANTIC REFINING CO   BLAIR PRICE   10/27/1962   TX   ECTOR     420       592              
TX
  ECTOR     42.02084.00B     MOSS, PAUL, ET UX   J E MABEE   8/30/1938   TX   ECTOR     55       59              
TX
  ECTOR     42.02084.00C     ESSEX, B. J., ET VIR   ROGER D ALLEN   10/18/1962   TX   ECTOR     418       533              
TX
  ECTOR     42.02114.000     CONNELL, W. E.   J S COSDEN INC   10/22/1925   TX   ECTOR     19       195       125      
TX
  ECTOR     C.002957.000     LOUIE E WIGHT IND & INDEP   GARLAND A TUNSTILL   10/20/1925   TX   ECTOR     19       281             OGL
TX
  ECTOR     C.302112.000     CHEVRON USA INCORPORATED   OXY USA INC   1/12/2004   TX
TX
  WINKLER
ECTOR
  507
1807
  509
724
  B74321
553
  T1N, BLK 46, T&P RR CO SVY
SEC 33: N2
TX
  ECTOR     C.302375.000     GEORGE C FRASER ET AL   J R COLLINS INC
PHILLIPS PETRO CO ET AL
  5/1/1947   TX   ECTOR     107       495             T1N, BLK 45, T&P RR CO SVY
SEC 29: S2NW
TX
  ECTOR     C.340664.001     D F LARSEN   ATLANTIC OIL PRODUCING COMPANY   10/11/1930   TX
TX
  ECTOR
WINKLER
    33       7             ROYALTY
TX
  ECTOR     C.903121.000     E N WOODS ET UX   HUGH CORRIGAN   12/4/1929   TX   ECTOR     29       367             T1N, BLK 43, T&P RR CO SVY
SEC 25: S2NE
TX
  ECTOR     C.903122.000     ALPHONSE KLOH ET AL   J R COLLINS INC
PHILLIPS PETRO CO ET AL
  4/16/1930   TX   ECTOR     31       193             T1S, BLK 43, T&P RR CO SVY
SEC 3: SOUTH 160 ACRES
SEC 23: NORTH 160 ACRES
TX
  ECTOR     C.904656.000     DAVID RUMSEY ET AL   ALMA OIL COMPANY   12/11/1935   TX   ECTOR     43       2-4             T1S, BLK 43, T&P RR CO SVY
SEC 15: N2
TX
  ECTOR     C.904657.000     DAVID RUMSEY ET AL   MARATHON OIL COMPANY   8/22/1935   TX   ECTOR     42       248             T1S, BLK 43, T&P RR CO SVY
SEC 15: W2SE
TX
  ECTOR     C.904658.000     SCHUYLER BRYON WIGHT ET AL   R L YORK   5/6/1930   TX   ECTOR     31       225             T1S, BLK 43, T&P RR CO SVY
SEC 14: S2NW
TX
  ECTOR     C.904724.000     J E WITCHER ET UX   R L YORK   3/31/1926   TX   ECTOR     19       266             T2S, BLK 42, T&P RR CO SVY
SEC 19: NE, SESE
T2S, BLK 43 T&P RR CO SVY
SEC 24: SESE
SEC 25: S2NW
TX
  ECTOR     C.904732.000     DAVID RUMSEY ET AL   A J BRODERICK G CALVERT   6/26/1933   TX   ECTOR     37       562             T2S, BLK 44, T&P RR CO SVY, ABSTRACT 307
SEC 27: N2S2
SEC 37: SW
TX
  ECTOR     C.909062.000     GEORGE V FRASER ET AL   J R COLLINS INC
PHILLIPS PETRO CO ET AL
  4/17/1951   TX   ECTOR     159       629             T2S, BLK 44, T&P RR CO ABSTRACT 310
SEC 33: W2NW, SENW
SEC 31: SW
TX
  ECTOR     C.910083.001     HENRY A COLGATE ET AL   J R COLLINS INC
PHILLIPS PETRO CO ET AL
  2/28/1956   TX   ECTOR     255       221             T1N, BLK 45, T&P RR CO SVY
SEC 5: NW, W2NE, N2SW, E2E2, W2SE
TX
  ECTOR     C.910083.002     MARJORIE W TAYLOR   J R COLLINS INC
PHILLIPS PETRO CO ET AL
  2/28/1956   TX   ECTOR     255       226             T1N, BLK 45, T&P RR CO SVY
SEC 5: NW, W2NE, N2SW, E2E2, W2SE
TX
  ECTOR     C.910084.001     NORTH CENTRAL OIL CORP   J R COLLINS INC
PHILLIPS PETRO CO ET AL
  2/10/1956   TX   ECTOR     258       131             T1N, BLK 45, T&P RR CO SVY
SEC 5: NW, W2NE, N2SW, E2E2, W2SE
TX
  ECTOR     C.910838.000     W C COCHRAN ET UX   H H PATTERSON   7/6/1925   TX   ECTOR     18       310             T1N, BLK A, PSL SURVEY
SEC 18: E2SE
SEC 19: NE, S2
TX
  ECTOR     C.910840.000     MRS LOUIE E WIGHT   GARLAND A TUNSTILL   10/20/1925   TX   ECTOR     19       2             T1S, BLK 43, T&P RR CO SVY
SEC 2: N2NE
TX
  ECTOR     C.910841.000     R W SMITH   H T WOLFE   10/26/1925   TX   ECTOR     19       6             T1S, BLK 43, T&P RR CO SVY
SEC 1: S2NW
TX
  ECTOR     C.911620.001     SOUTHLAND ROYALTY COMPANY   PHILLIPS PETRO CO ET AL   12/16/1963   TX   ECTOR     447       157             T2S, BLK 44, T&P RR CO SVY, ABSTRACT 1104
SEC 20: W2SE
TX
  ECTOR     C.911656.001     SOUTHLAND ROYALTY COMPANY   J R COLLINS INC
PHILLIPS PETRO CO ET AL
  7/15/1964   TX   ECTOR     463       182             T2S, BLK 44, T&P RR CO SVY, ABSTRACT 1104
SEC 20: E2SW

Page 16 of 128 Pages


 

                                                             
                        LEASE   RECORDED   RECORDED                
ST   COUNTY   LEASE NO   LESSOR / GRANTOR   LESSEE / GRANTEE   DATE   ST   COUNTY     BOOK     PAGE     ENTRY   DESCRIPTION
TX
  ECTOR     C.954722.001     CORNELIUS SCHNURR   CITIES SERVICE OIL COMPANY   1/28/1954   TX   ECTOR     204       427             T1N, BLK 45, T&P RR CO SVY, ABSTRACT 802
SEC 8: N2, S2
TX
  ECTOR     C.954723.001     JESSIE MAY WILLIAMSON ET VIR   SUN OIL COMPANY   2/20/1945   TX   ECTOR     86       347             T1N, BLK 45, T&P RR CO SVY, ABSTRACT 802
SEC 8: N2
TX
  ECTOR     C.954724.001     W H GILMORE   SUN OIL COMPANY   2/20/1945   TX   ECTOR     86       327             T1N, BLK 45, T&P RR CO SVY, ABSTRACT 802
SEC 8: N2
TX
  ECTOR     C.954725.001     W C KINKEL   SUN OIL COMPANY   2/20/1945   TX   ECTOR     86       329             T1N, BLK 45, T&P RR CO SVY, ABSTRACT 802
SEC 8: N2
TX
  ECTOR     C.954726.001     PAULINE BAILEY ET VIR   R C KEITH   1/24/1945   TX   ECTOR     86       131             T1N, BLK 45, T&P RR CO SVY, ABSTRACT 802
SEC 8: N2, S2
TX
  ECTOR     C.954727.001     MRS J H TURBEVILLE   J R COLLINS INC
SUN OIL COMPANY
  2/20/1945   TX   ECTOR     86       324             T1N, BLK 45, T&P RR CO SVY, ABSTRACT 802
SEC 8: N2
TX
  ECTOR     C.954728.001     R E LEA   SUN OIL COMPANY   2/20/1945   TX   ECTOR     86       321             T1N, BLK 45, T&P RR CO SVY, ABSTRACT 802
SEC 8: N2
TX
  ECTOR     C.954729.001     W G SUPPES   SUN OIL COMPANY   2/20/1945   TX   ECTOR     87       5             T1N, BLK 45, T&P RR CO SVY, ABSTRACT 802
SEC 8: N2
TX
  ECTOR     C.954730.001     J H ZINN   SUN OIL COMPANY   2/20/1945   TX   ECTOR     87       247             T1N, BLK 45, T&P RR CO SVY, ABSTRACT 802
SEC 8: N2
TX
  ECTOR     C.954731.001     HUGH CORRIGAN   SUN OIL COMPANY   2/20/1945   TX   ECTOR     89       45             T1N, BLK 45, T&P RR CO SVY, ABSTRACT 802
SEC 8: N2
TX
  ECTOR     C.954732.001     TEXSYLVANIA MINERAL CORPORATION   SUN OIL COMPANY   3/7/1955   TX   ECTOR     227       326       3005     T1N, BLK 45, T&P RR CO SVY, ABSTRACT 802
SEC 8: N2
TX
  ECTOR     C.954733.001     JANE JOHNSON WILSON ET VIR   SUN OIL COMPANY   3/29/1955   TX   ECTOR     229       62       3905     T1N, BLK 45, T&P RR CO SVY, ABSTRACT 802
SEC 8: N2
TX
  ECTOR     C.954734.001     R S ANDERSON   SUN OIL COMPANY   3/29/1955   TX   ECTOR     229       64       3904     T1N, BLK 45, T&P RR CO SVY, ABSTRACT 802
SEC 8: N2
TX
  ECTOR     C.954735.001     H L HUFFMAN   SUN OIL COMPANY   3/29/1955   TX   ECTOR     229       66             T1N, BLK 45, T&P RR CO SVY, ABSTRACT 802
SEC 8: N2
TX
  ECTOR     C.954736.001     L W BIDDICK   SUN OIL COMPANY   3/29/1955   TX   ECTOR     229       61             T1N, BLK 45, T&P RR CO SVY, ABSTRACT 802
SEC 8: N2
TX
  ECTOR     C.954737.001     WARREN D ANDERSON   SUN OIL COMPANY   3/29/1955   TX   ECTOR     229       59       3901     T1N, BLK 45, T&P RR CO SVY, ABSTRACT 802
SEC 8: N2
TX
  ECTOR     C.954738.001     R & J ROYALTY CORPORATION   SUN OIL COMPANY   3/29/1955   TX   ECTOR     229       221       4195     T1N, BLK 45, T&P RR CO SVY, ABSTRACT 802
SEC 8: N2
TX
  ECTOR     C.954739.001     THE SAMUEL ROBERTS NOBLE FOUNDATION INC   SUN OIL COMPANY   3/29/1955   TX   ECTOR     230       87       4456     T1N, BLK 45, T&P RR CO SVY, ABSTRACT 802
SEC 8: N2
TX
  ECTOR     C.954740.001     SMITH SPRADLING   SUN OIL COMPANY   3/29/1955   TX   ECTOR     230       107             T1N, BLK 45, T&P RR CO SVY, ABSTRACT 802
SEC 8: N2
TX
  ECTOR     C.954741.001     THE LLOYD NOBLE TRUST NOS 1 2 3   SUN OIL COMPANY   3/29/1955   TX   ECTOR     230       103       4454     T1N, BLK 45, T&P RR CO SVY, ABSTRACT 802
SEC 8: N2
TX
  ECTOR     C.954742.001     M E TATE ET UX   SUN OIL COMPANY   3/29/1955   TX   ECTOR     230       96       4453     T1N, BLK 45, T&P RR CO SVY, ABSTRACT 802
SEC 8: N2
TX
  ECTOR     C.954743.001     MARY MARKEY   SUN OIL COMPANY   3/29/1955   TX   ECTOR     230       99       4452     T1N, BLK 45, T&P RR CO SVY, ABSTRACT 802
SEC 8: N2
TX
  ECTOR     C.954744.001     RENA SIMS   SUN OIL COMPANY   3/29/1955   TX   ECTOR     230       221       4636     T1N, BLK 45, T&P RR CO SVY, ABSTRACT 802
SEC 8: N2
TX
  ECTOR     C.954745.001     ILAMEA FORBES ET VIR   SUN OIL COMPANY   3/29/1955   TX   ECTOR     230       206       4537     T1N, BLK 45, T&P RR CO SVY, ABSTRACT 802
SEC 8: N2
TX
  ECTOR     C.954746.001     VELMA RORING ET VIR   SUN OIL COMPANY   3/29/1955   TX   ECTOR     230       219       4639     T1N, BLK 45, T&P RR CO SVY, ABSTRACT 802
SEC 8: N2
TX
  ECTOR     C.954747.001     FRANCES TRUMMER   SUN OIL COMPANY   3/29/1955   TX   ECTOR     230       218       4638     T1N, BLK 45, T&P RR CO SVY, ABSTRACT 802
SEC 8: N2
TX
  ECTOR     C.954748.001     PAULINE LEMON BUCHANAN ET VIR   SUN OIL COMPANY   3/29/1955   TX   ECTOR     230       473       5046     T1N, BLK 45, T&P RR CO SVY, ABSTRACT 802
SEC 8: N2
TX
  ECTOR     C.954749.001     T J HINERMAN ESTATE   J R COLLINS INC
PHILLIPS PETRO CO ET AL
  5/5/1954   TX   ECTOR     211       338       6378     T1N, BLK 45, T&P RR CO SVY, ABSTRACT 802
SEC 8: N2, S/2
TX
  ECTOR     C.960519.001     JESSIE MAY WILLIAMSON ET   VIR CITIES SERVICE OIL COMPANY   4/27/1945   TX   ECTOR     88       137             T1N, BLK 45, T&P RR CO SVY, ABSTRACT 802
SEC 8: S2

Page 17 of 128 Pages


 

                                                             
                        LEASE   RECORDED   RECORDED                
ST   COUNTY   LEASE NO   LESSOR / GRANTOR   LESSEE / GRANTEE   DATE   ST   COUNTY     BOOK     PAGE     ENTRY   DESCRIPTION
TX
  ECTOR     C.960520.001     W H GILMORE   CITIES SERVICE OIL COMPANY   4/27/1945   TX   ECTOR     88       139             T1N, BLK 45, T&P RR CO SVY, ABSTRACT 802
SEC 8: S2
TX
  ECTOR     C.960521.001     R E LEA   CITIES SERVICE OIL COMPANY   4/27/1945   TX   ECTOR     88       135             T1N, BLK 45, T&P RR CO SVY, ABSTRACT 802
SEC 8: S2
TX
  ECTOR     C.960522.001     TEXSYLVANIA MINERAL CORPORATION   CITIES SERVICE OIL COMPANY   4/27/1945   TX   ECTOR     88       235             T1N, BLK 45, T&P RR CO SVY, ABSTRACT 802
SEC 8: S2
TX
  ECTOR     C.960523.001     WILLIAM H COLE ET AL   OXY USA INC   5/4/1998   TX   ECTOR     1395       0285             T1N, BLK 45, T&P RR CO SVY, ABSTRACT 877
SEC 6: E2
TX
  ECTOR     C.960524.001     H J ZINN   CITIES SERVICE OIL COMPANY   4/27/1945   TX   ECTOR     88       451             T1N, BLK 45, T&P RR CO SVY, ABSTRACT 802
SEC 8: S2
TX
  ECTOR     C.960525.001     W G SUPPES   CITIES SERVICE OIL COMPANY   4/27/1945   TX   ECTOR     88       453             T1N, BLK 45, T&P RR CO SVY, ABSTRACT 802
SEC 8: S2
TX
  ECTOR     C.960526.001     FRED W SHIELD   CITIES SERVICE OIL COMPANY   3/2/1954   TX   ECTOR     206       240       3069     T1N, BLK 45, T&P RR CO SVY, ABSTRACT 802
SEC 8: S2
TX
  ECTOR     C.960527.001     ATLANTIC RICHFIELD COMPANY   OXY USA INC   9/15/1999   TX
TX
  TX WINKLER
ECTOR
  ECTOR 469
1526
  1489 736
430
  112 B66747
5319
  12958 T1N, BLK 45, T&P RR CO SVY, ABSTRACT 877
SEC 6: E2
TX
  ECTOR     C.960528.001     H L HUFFMAN   CITIES SERVICE OIL COMPANY   3/5/1954   TX   ECTOR     205       416             T1N, BLK 45, T&P RR CO SVY, ABSTRACT 802
SEC 8: S2
TX
  ECTOR     C.960529.001     HUGH CORRIGAN   CITIES SERVICE OIL COMPANY   3/2/1954   TX   ECTOR     205       417       2611     T1N, BLK 45, T&P RR CO SVY, ABSTRACT 802
SEC 8: S2
TX
  ECTOR     C.960530.001     W D ANDERSON   CITIES SERVICE OIL COMPANY   3/5/1954   TX   ECTOR     206       54       2832     T1N, BLK 45, T&P RR CO SVY, ABSTRACT 802
SEC 8: S2
TX
  ECTOR     C.960531.001     RICHARD S ANDERSON   CITIES SERVICE OIL COMPANY   3/5/1954   TX   ECTOR     206       228       3067     T1N, BLK 45, T&P RR CO SVY, ABSTRACT 802
SEC 8: S2
TX
  ECTOR     C.960532.001     JANE JOHNSON WILSON ET VIR   CITIES SERVICE OIL COMPANY   3/5/1954   TX   ECTOR     206       226       3068     T1N, BLK 45, T&P RR CO SVY, ABSTRACT 802
SEC 8: S2
TX
  ECTOR     C.960533.001     L W BIDDICK   CITIES SERVICE OIL COMPANY   4/9/1954   TX   ECTOR     207       532       4054     T1N, BLK 45, T&P RR CO SVY, ABSTRACT 802
SEC 8: S2
TX
  ECTOR     C.960534.001     THE LLOYD NOBLE TRUST NO 1 NO 2 NO 3   CITIES SERVICE OIL COMPANY   5/6/1954   TX   ECTOR     208       232       4328     T1N, BLK 45, T&P RR CO SVY, ABSTRACT 802
SEC 8: S2
TX
  ECTOR     C.960535.001     SMITH SPRADLING   CITIES SERVICE OIL COMPANY   5/6/1954   TX   ECTOR     208       238       4329     T1N, BLK 45, T&P RR CO SVY, ABSTRACT 802
SEC 8: S2
TX
  ECTOR     C.960536.001     THE SAMUEL ROBERTS NOBLE FOUNDATION INC   CITIES SERVICE OIL COMPANY   5/4/1954   TX   ECTOR     208       359       4445     T1N, BLK 45, T&P RR CO SVY, ABSTRACT 802
SEC 8: S2
TX
  ECTOR     C.960537.001     M E TATE ET UX   CITIES SERVICE OIL COMPANY   5/6/1954   TX   ECTOR     208       362       4446     T1N, BLK 45, T&P RR CO SVY, ABSTRACT 802
SEC 8: S2
TX
  ECTOR     C.960538.001     FRANCES TRUMMER   CITIES SERVICE OIL COMPANY   5/6/1954   TX   ECTOR     208       506       4635     T1N, BLK 45, T&P RR CO SVY, ABSTRACT 802
SEC 8: S2
TX
  ECTOR     C.960539.001     VELMA RORING ET VIR   CITIES SERVICE OIL COMPANY   5/6/1954   TX   ECTOR     208       524       4662     T1N, BLK 45, T&P RR CO SVY, ABSTRACT 802
SEC 8: S2
TX
  ECTOR     C.960540.001     R AND J ROYALTY CORPORATION   CITIES SERVICE OIL COMPANY   5/6/1954   TX   ECTOR     209       100       4793     T1N, BLK 45, T&P RR CO SVY, ABSTRACT 802
SEC 8: S2
TX
  ECTOR     C.960541.001     MARY MARKEY   CIITES SERVICE OIL COMPANY   5/6/1954   TX   ECTOR     209       99       4792     T1N, BLK 45, T&P RR CO SVY, ABSTRACT 802
SEC 8: S2
TX
  ECTOR     C.960542.001     ILAMAE FORBES ET VIR   CITIES SERVICE OIL COMPANY   5/6/1954   TX   ECTOR     209       90       4791     T1N, BLK 45, T&P RR CO SVY, ABSTRACT 802
SEC 8: S2
TX
  ECTOR     C.960543.001     PAULINE LEMON BUCHANAN ET VIR   CITIES SERVICE OIL COMPANY   5/6/1954   TX   ECTOR     209       144       4833     T1N, BLK 45, T&P RR CO SVY, ABSTRACT 802
SEC 8: S2
TX
  ECTOR     C.960544.001     RENA SIMS   CITIES SERVICE OIL COMPANY   5/6/1954   TX   ECTOR     209       153       4834     T1N, BLK 45, T&P RR CO SVY, ABSTRACT 802
SEC 8: S2
TX
  ECTOR     C.960545.001     MARGARET R LATROBE ET VIR   CITIES SERVICE OIL COMPANY   5/6/1954   TX   ECTOR     209       274       5023     T1N, BLK 45, T&P RR CO SVY, ABSTRACT 802
SEC 8: S2
TX
  ECTOR     C.960546.001     ALTURA ENERGY LTD   OXY USA INC   3/9/1998   TX   ECTOR     1388       183             T1N, BLK 45, T&P RR CO SVY, ABSTRACT 877
SEC 6: E2
TX
  ECTOR     C.960547.001     FRED W SHIELD AND COMPANY   OXY USA INC   11/13/1997   TX   ECTOR     1367       035             T1N, BLK 45, T&P RR CO SVY, ABSTRACT 877
SEC 6: E2

Page 18 of 128 Pages


 

                                                             
                        LEASE   RECORDED   RECORDED                
ST   COUNTY   LEASE NO   LESSOR / GRANTOR   LESSEE / GRANTEE   DATE   ST   COUNTY     BOOK     PAGE     ENTRY   DESCRIPTION
TX
  ECTOR     C.960548.001     W C KINKEL   J R COLLINS INC
PHILLIPS PETROLEUM COMPANY
  5/7/1945   TX   ECTOR     88       325             T1N, BLK 45, T&P RR CO SVY, ABSTRACT 802
SEC 8: S2
TX
  ECTOR     C.960549.001     DORA ELIZABETH WITT ET VIR   TURMAN OIL PROPERTIES   6/1/1997   TX
TX
  WINKLER
ECTOR
  477
1355
  706
0302
          T1N, BLK 45, T&P RR CO SVY, ABSTRACT 877
SEC 6: E2
TX
  ECTOR     C.960550.001     DONALD E CHAPIN   TURMAN OIL PROPERTIES   5/19/1997   TX   ECTOR     1340       587             T1N, BLK 45, T&P RR CO SVY, ABSTRACT 877
SEC 6: E2
TX
  ECTOR     C.960551.001     SEA PROPERTIES LTD   OXY USA INC   2/11/2000   TX
TX
  WINKLER
ECTOR
  469
1519
  453
308
          T1N, BLK 45, T&P RR CO SVY, ABSTRACT 877
SEC 6: E2
TX
  ECTOR     C.960552.001     PAT CORRIGAN TRUST ET AL   OXY USA INC   2/18/2000   TX
TX
  WINKLER
ECTOR
  469
1519
  467
0329
          T1N, BLK 45, T&P RR CO SVY, ABSTRACT 877
SEC 6: E2
TX
  ECTOR     C.960553.001     THOMAS G SMITH   OXY USA INC   2/10/2000   TX
TX
  WINKLER
ECTOR
  469
1519
  449
302
          T1N, BLK 45, T&P RR CO SVY, ABSTRACT 877
SEC 6: E2
TX
  ECTOR     C.960554.001     JANIS LEE BURKETT   OXY USA INC   2/10/2000   TX
TX
  WINKLER
ECTOR
  469
1519
  451
305
          T1N, BLK 45, T&P RR CO SVY, ABSTRACT 877
SEC 6: E2
TX
  ECTOR     C.960555.001     W JOYCE ANDERSON   OXY USA INC   2/17/2000   TX
TX
  WINKLER
ECTOR
  469
1519
  465
326
          T1N, BLK 45, T&P RR CO SVY, ABSTRACT 877
SEC 6: E2
TX
  ECTOR     C.960556.001     PETCO LIMITED   OXY USA INC   2/23/2000   TX
TX
  WINKLER
ECTOR
  469
1519
  442
292
          T1N, BLK 45, T&P RR CO SVY, ABSTRACT 877
SEC 6: E2
TX
  ECTOR     C.960557.001     M KURT CHAPMAN   OXY USA INC   2/21/2000   TX
TX
  WINKLER
ECTOR
  469
1519
  445
296
          T1N, BLK 45, T&P RR CO SVY, ABSTRACT 877
SEC 6: E2
TX
  ECTOR     C.960558.001     JANE JOHNSON WILSON   OXY USA INC   3/2/2000   TX
TX
  WINKLER
ECTOR
  469
1521
  779
668
          T1N, BLK 45, T&P RR CO SVY, ABSTRACT 877
SEC 6: E2
TX
  ECTOR     C.960559.001     RODNEY J CAMP ET UX   OXY USA INC   2/10/2000   TX
TX
  WINKLER
ECTOR
  469
1519
  447
299
          T1N, BLK 45, T&P RR CO SVY, ABSTRACT 877
SEC 6: E2
TX
  ECTOR     C.960560.001     ELAINE L RILEY   OXY USA INC   2/10/2000   TX
TX
  WINKLER
ECTOR
  469
1521
  785
677
          T1N, BLK 45, T&P RR CO SVY, ABSTRACT 877
SEC 6: E2
TX
  ECTOR     C.960561.001     NANCY ANDERSON OLSON   OXY USA INC   2/10/2000   TX
TX
  WINKLER
ECTOR
  469
1519
  455
311
          T1N, BLK 45, T&P RR CO SVY, ABSTRACT 877
SEC 6: E2
TX
  ECTOR     C.960562.001     GARY ANDERSON FELL   OXY USA INC   2/10/2000   TX
TX
  WINKLER
ECTOR
  469
1519
  457
314
          T1N, BLK 45, T&P RR CO SVY, ABSTRACT 877
SEC 6: E2
TX
  ECTOR     C.960563.001     JANET ANDERSON LOEFFLER   OXY USA INC   2/10/2000   TX
TX
  WINKLER
ECTOR
  469
1519
  459
317
          T1N, BLK 45, T&P RR CO SVY, ABSTRACT 877
SEC 6: E2
TX
  ECTOR     C.960564.001     KAREN SUE ANDERSON   OXY USA INC   2/10/2000   TX
TX
  WINKLER
ECTOR
  469
1519
  461
320
          T1N, BLK 45, T&P RR CO SVY, ABSTRACT 877
SEC 6: E2
TX
  ECTOR     C.960565.001     KENNETH DONALD ANDERSON   OXY USA INC   2/10/2000   TX   ECTOR     1519       323       3360     T1N, BLK 45, T&P RR CO SVY, ABSTRACT 877
SEC 6: E2
TX
  ECTOR     C.960566.001     CAROLYN K LISLE 1990 REV TRUST   OXY USA INC   2/11/2000   TX
TX
  WINKLER
ECTOR
  470
1525
  414
661
          T1N, BLK 45, T&P RR CO SVY, ABSTRACT 877
SEC 6: E2
TX
  ECTOR     C.960567.001     MARY ANN CURTIS FAMILY TRUST   OXY USA INC   2/11/2000   TX
TX
  WINKLER
ECTOR
  470
1525
  417
665
          T1N, BLK 45, T&P RR CO SVY, ABSTRACT 877
SEC 6: E2
TX
  ECTOR     C.960568.001     RUTH L CLEMENT   OXY USA INC   5/17/2000   TX
TX
  WINKLER
ECTOR
  472
1536
  813
766
          T1N, BLK 45, T&P RR CO SVY, ABSTRACT 877
SEC 6: E2
TX
  ECTOR     C.960569.001     CLARA G BATAILLE   OXY USA INC   5/11/2000   TX
TX
  WINKLER
ECTOR
  472
1536
  815
769
          T1N, BLK 45, T&P RR CO SVY, ABSTRACT 877
SEC 6: E2
TX
  ECTOR     C.960570.001     LORRY A CHAPMAN   OXY USA INC   5/16/2000   TX
TX
  WINKLER
ECTOR
  472
1536
  817
772
          T1N, BLK 45, T&P RR CO SVY, ABSTRACT 877
SEC 6: E2
TX
  ECTOR     C.960571.001     L W BIDDICK TRUST DTD 3-8-82   OXY USA INC   3/7/2000   TX
TX
  WINKLER
ECTOR
  469
1521
  781
671
          T1N, BLK 45, T&P RR CO SVY, ABSTRACT 877
SEC 6: E2
TX
  ECTOR     C.960572.001     ILAMAE FORBES REVOCABLE TRUST DTD 5-28-8   OXY USA INC   3/2/2000   TX
TX
  WINKLER
ECTOR
  469
1521
  783
674
          T1N, BLK 45, T&P RR CO SVY, ABSTRACT 877
SEC 6: E2
TX
  ECTOR     C.960573.001     HUGH CORRIGAN III TRUST   OXY USA INC   4/12/2000   TX
TX
  TX WINKLER
ECTOR
  ECTOR 470
1525
  1561 422
672
  161 B66898
5120
 
14444 T1N, BLK 45, T&P RR CO SVY, ABSTRACT 877
SEC 6: NE4
TX
  ECTOR     C.960574.001     CEC TRUST F/B/O HUGH CORRIGAN IV   OXY USA INC   4/12/2000   TX
TX
  TX WINKLER
ECTOR
  ECTOR 470
1561
  1525 424
165
  675 B66899
14445
  5121 T1N, BLK 45, T&P RR CO SVY, ABSTRACT 877
SEC 6: NE4
TX
  ECTOR     C.960575.001     CEC TRUST FBO PATRICK EDWARD CORRIGAN   OXY USA INC   4/12/2000   TX
TX
  WINKLER
ECTOR
  476
1561
  664
157
          T1N, BLK 45, T&P RR CO SVY, ABSTRACT 877
SEC 6: NE4

Page 19 of 128 Pages


 

                                                             
                        LEASE   RECORDED   RECORDED                
ST   COUNTY   LEASE NO   LESSOR / GRANTOR   LESSEE / GRANTEE   DATE   ST   COUNTY     BOOK     PAGE     ENTRY   DESCRIPTION
TX
  ECTOR     C.960576.001     SAMEDAN OIL CORPORATION   OXY USA INC   4/14/2000   TX
TX
  WINKLER
ECTOR
  471
1529
  356
458
  B67039
6094
  T1N, BLK 45, T&P RR CO SVY, ABSTRACT 877
SEC 6: E2
TX
  ECTOR     C.960577.001     WILLIAM SMITH SPRADLING   OXY USA INC   3/27/2000   TX
TX
  WINKLER
ECTOR
  470
1525
  412
658
  B66891
5116
  T1N, BLK 45, T&P RR CO SVY, ABSTRACT 877
SEC 6: E2
TX
  ECTOR     C.960578.001     MARGARET BOOTH DUNNINGTON   OXY USA INC   4/6/2000   TX
TX
  WINKLER
ECTOR
  472
1536
  819
775
          T1N, BLK 45, T&P RR CO SVY, ABSTRACT 877
SEC 6: E2
TX
  ECTOR     C.960579.001     SPINDLETOP EXPLORATION COMPANY INC   OXY USA INC   5/2/2000   TX
TX
  WINKLER
ECTOR
  471
1529
  363
0455
  B67040
6093
  T1N, BLK 45, T&P RR CO SVY, ABSTRACT 877
SEC 6: E2
TX
  ECTOR     C.960580.001     HENRY A COLGATE TRUST   OXY USA INC   5/2/2000   TX
TX
  WINKLER
ECTOR
  472
1536
  825
784
          T1N, BLK 45, T&P RR CO SVY, ABSTRACT 877
SEC 6: E2
TX
  ECTOR     C.960581.001     RICHARD M COLGATE ET AL   OXY USA INC   5/2/2000   TX
TX
  WINKLER
ECTOR
  472
1536
  823
781
          T1N, BLK 45, T&P RR CO SVY, ABSTRACT 877
SEC 6: E2
TX
  ECTOR     C.960582.001     THE PRESBYTERIAN HOME FOR CHILDREN   OXY USA INC   5/26/2000   TX
TX
  WINKLER
ECTOR
  473
1539
  462
439
          T1N, BLK 45, T&P RR CO SVY, ABSTRACT 877
SEC 6: E2
TX
  ECTOR     C.960583.001     R & J ROYALTY CORPORATION   OXY USA INC   6/7/2000   TX
TX
  WINKLER
ECTOR
  472
1536
  821
778
          T1N, BLK 45, T&P RR CO SVY, ABSTRACT 877
SEC 6: E2
TX
  ECTOR     C.960584.001     ST MARY’S CATHOLIC CHURCH   OXY USA INC   4/10/2000   TX
TX
  WINKLER
ECTOR
  470
1525
  410
655
  B66893
5115
  T1N, BLK 45, T&P RR CO SVY, ABSTRACT 877
SEC 6: E2
TX
  ECTOR     C.960585.001     MDJ MINERALS LLP   OXY USA INC   4/11/2000   TX
TX
  WINKLER
ECTOR
  470
1526
  751
0854
  B66966
5422
  T1N, BLK 45, T&P RR CO SVY, ABSTRACT 877
SEC 6: E2
TX
  ECTOR     C.960586.001     WHITE STAR ENERGY INC   OXY USA INC   6/16/2000   TX
TX
  WINKLER
ECTOR
  473
1539
  460
442
          T1N, BLK 45, T&P RR CO SVY, ABSTRACT 877
SEC 6: E2
TX
  ECTOR     C.960587.001     EDITH ESTHER BAKER ESTATE   OXY USA INC   6/16/2000   TX
TX
  WINKLER
ECTOR
  472
1536
  811
763
          T1N, BLK 45, T&P RR CO SVY, ABSTRACT 877
SEC 6: E2
TX
  ECTOR     C.960588.001     MYRTLE S SIMS ESTATE   OXY USA INC   3/30/2000   TX
TX
  WINKLER
ECTOR
  470
1526
  749
0851
  B66965
5421
  T1N, BLK 45, T&P RR CO SVY, ABSTRACT 877
SEC 6: E2
TX
  ECTOR     C.960589.001     HUFFMAN FAMILY TRUST   OXY USA INC   4/1/2000   TX
TX
  WINKLER
ECTOR
  476
1561
  660
152
          T1N, BLK 45, T&P RR CO SVY, ABSTRACT 877
SEC 6: E2
TX
  ECTOR     C.960591.000     GEORGE C FRASER ET AL   THE ATLANTIC REFINING COMPANY   12/2/1943   TX   ECTOR     79       437             T1N, BLK 45, T&P RR CO SVY, ABSTRACT 337
SEC 7: E2SE
SEC 7: SWSE
SEC 7: NWSE
TX
  ECTOR     C.960592.000     APACHE CORP   OXY USA INC   6/1/1998   TX   ECTOR     1421       135       13021     T1N, BLK 45, T&P RR CO SVY, ABSTRACT 337
SEC 7: NE
TX
  ECTOR     C.960599.001     PAULINE BAILEY   TURMAN OIL PROPERTIES   6/1/1997   TX
TX
  WINKLER
ECTOR
  448
1362
  677
503
          T1N, BLK 45, T&P RR CO SVY, ABSTRACT 877
SEC 6: E2
TX
  ECTOR     C.960600.001     JEWEL L ROGERS   TURMAN OIL PROPERTIES   6/1/1997   TX
TX
  WINKLER
ECTOR
  448
1362
  675
500
          T1N, BLK 45, T&P RR CO SVY, ABSTRACT 877
SEC 6: E2
TX
  ECTOR     C.960601.001     OPAL L JONES   TURMAN OIL PROPERTIES   6/1/1997   TX
TX
  WINKLER
ECTOR
  447
1355
  713
296
          T1N, BLK 45, T&P RR CO SVY, ABSTRACT 877
SEC 6: E2
TX
  ECTOR     C.960602.001     WADE AND TONI CHOATE GRANDCHILDREN TRUST   TURMAN OIL PROPERTIES   5/21/1997   TX
TX
  WINKLER
ECTOR
  447
1355
  708
308
          T1N, BLK 45, T&P RR CO SVY, ABSTRACT 877
SEC 6: E2
TX
  ECTOR     C.962050.001     BILLY SCHNEIDER ET UX   TURMAN OIL PROPERTIES   7/21/1997   TX   ECTOR     1350       287       8978     T1N, BLK 45, T&P RR CO SVY, ABSTRACT 802
SEC 8: S2
TX
  ECTOR     C.962064.001     JESSIE MAY WILLIAMSON   W L SIMMONS   5/5/1954   TX   ECTOR     208       6       4057     T1N, BLK 45, T&P RR CO SVY, ABSTRACT 336
SEC 5: W/2NE, E2E2, W2SE
TX
  ECTOR     C.962065.001     J V TERRILL   OTTO DEATS   5/5/1954   TX   ECTOR     208       151       4245     T1N, BLK 45, T&P RR CO SVY, ABSTRACT 336
SEC 5: W/2NE, E2E2, W2SE
TX
  ECTOR     C.962066.001     W G SUPPES   BUFFALO OIL COMPANY   2/9/1955   TX   ECTOR     224       36             T1N, BLK 45, T&P RR CO SVY, ABSTRACT 336
SEC 5: W/2NE, E2E2, W2SE
TX
  ECTOR     C.962067.001     MRS CLAIR K BETHELL   BUFFALO OIL COMPANY   2/9/1955   TX   ECTOR     224       40             T1N, BLK 45, T&P RR CO SVY, ABSTRACT 336
SEC 5: W/2NE, E2E2, W2SE
TX
  ECTOR     C.962068.001     SUN EXPLORATION AND PRODUCTION COMPANY   EGRET ENERGY CORPORATION   3/16/1984   TX   ECTOR     900       17       5691     T1N, BLK 45, T&P RR CO SVY, ABSTRACT 336
SEC 5: W/2NE, E2E2, W2SE
TX
  ECTOR     C.962069.001     AMOCO PRODUCTION COMPANY   ALTA ENERGY CORPORATION   8/1/1986   TX   ECTOR     963       727       16761     T1N, BLK 45, T&P RR CO SVY, ABSTRACT 336
SEC 5: W/2NE, E2E2, W2SE
TX
  ECTOR     C.962070.001     J V TERRILL   TEXACO SEABOARD INC   3/4/1959   TX   ECTOR     337       116       8137     T1N, BLK 45, T&P RR CO SVY, ABSTRACT 336
SEC 5: N2SW, S2SW

Page 20 of 128 Pages


 

                                                             
                        LEASE   RECORDED   RECORDED                
ST   COUNTY   LEASE NO   LESSOR / GRANTOR   LESSEE / GRANTEE   DATE   ST   COUNTY     BOOK     PAGE     ENTRY   DESCRIPTION
TX
  ECTOR     C.962071.001     JESSIE MAY WILLIAMSON   TEXACO SEABOARD INC   2/26/1959   TX   ECTOR     337       96       8138     T1N, BLK 45, T&P RR CO SVY, ABSTRACT 336
SEC 5: N2SW, S2SW
TX
  ECTOR     C.962072.001     CLAIRE BETHELL ET AL   TEXACO SEABOARD INC   4/14/1959   TX   ECTOR     341       38       11623     T1N, BLK 45, T&P RR CO SVY, ABSTRACT 336
SEC 5: N2SW, S2SW
TX
  ECTOR     C.962073.001     KENWORTHY OPERATING COMPANY   J BROCK   4/1/1995   TX   ECTOR     1242       997       8749     T1N, BLK 45, T&P RR CO SVY, ABSTRACT 336
SEC 5: N2SW, S2SW
TX
  ECTOR     C.962074.001     FRED W SHEILD AND COMPANY   OXY USA INC   11/13/1997   TX   ECTOR     1367       35       13310     T1N, BLK 45, T&P RR CO SVY, ABSTRACT 336
SEC 5: NW, W2NE, N2SW, S2SW, E2E2, W2SE
SEC 8: N2
TX
  ECTOR     C.962075.001     ALTURA ENERGY LTD   OXY USA INC   3/9/1998   TX   ECTOR     1388       183       4073     T1N, BLK 45, T&P RR CO SVY, ABSTRACT 336
SEC 5: NW, N2SW, S2SW
SEC 5: W2NE, E2E2, W2SE
TX
  ECTOR     C.962076.001     JAMES W BROCK ET UX   TURMAN OIL PROPERTIES   7/21/1997   TX   ECTOR     1350       290       8979     T1N, BLK 45, T&P RR CO SVY, ABSTRACT 336
SEC 5: N2SW, S2SW
TX
  ECTOR     C.962077.001     THE ALLAR COMPANY   OXY USA INC   7/27/1998   TX   ECTOR     1423       500       13620     T1N, BLK 45, T&P RR CO SVY, ABSTRACT 336
SEC 5: NW
TX
  ECTOR     C.962078.001     ATLANTIC RICHFIELD COMPANY   OXY USA INC   3/7/2000   TX   ECTOR     1526       430       5319     T1N, BLK 45, T&P RR CO SVY, ABSTRACT 336
SEC 5: NW
SEC 5: W2NE, E2E2, W2SE
TX
  ECTOR     C.964075.001     CEC TRUST F/B/O PATRICK EDWARD CORRIGAN   OXY USA INC   11/14/2000   TX
TX
  WINKLER
ECTOR
  477
1564
  608
0700
  B68290
15336
  T1N, BLK 45, T&P RR CO SVY, ABSTRACT 271
SEC 6: SE
TX
  ECTOR     C.964123.001     CEC TRUST F/B/O/ HUGH CORRIGAN IV   OXY USA INC   11/14/2000   TX
TX
  WINKLER
ECTOR
  477
1564
  612
0703
  B68291
15337
  T1N, BLK 45, T&P RR CO SVY, ABSTRACT 271
SEC 6: SE
TX
  ECTOR     C.964124.001     HUGH CORRIGAN III TRUST   OXY USA INC   11/14/2000   TX
TX
  WINKLER
ECTOR
  477
1564
  612
0706
  B68292
15338
  T1N, BLK 45, T&P RR CO SVY, ABSTRACT 271
SEC 6: SE
TX
  ECTOR     340655/001     BP AMERICA PRODUCTION COMPANY   OXY USA WTP LP   2/10/2003   TX
TX
  ECTOR
WINKLER
    499       525             BLK 46, TIN, T&P RR CO SVY
SEC 22: SW
TX
  ECTOR     340648/001     RICHARD M COLEGATE, INDIV & AIF FOR   OXY USA WTP LP   4/4/2001   TX
TX
  ECTOR
WINKLER
    481       401             BLK 46, TIN, T&P RR CO SVY
SEC 10: E2
SEC 22: W2
TX
  ECTOR     340648/002     CITIBANK N.A. TR U/W/O HENRY A   OXY USA WTP LP   4/4/2001   TX
TX
  ECTOR
WINKLER
    487       594             BLK 46, TIN, T&P RR CO SVY
SEC 10: E2
SEC 22: W2
TX
  ECTOR     340659/001     MDJ MINERALS LLP   OXY USA WTP LP   6/6/2002   TX
TX
  ECTOR
WINKLER
    491       831             BLK 46, TIN, T&P RR CO SVY
SEC 22: W2
TX
  ECTOR     340650/006     RODNEY J CAMP ET UX   OXY USA WTP LP   4/4/2001   TX
TX
  ECTOR
WINKLER
    481       397             BLK 46, TIN, T&P RR CO SVY
SEC 22: W2
TX
  ECTOR     340635/001     ALTURA ENERGY   OXY USA INC   3/9/1998   TX
TX
  ECTOR
WINKLER
    1388       183             BLK 46, TIN, T&P RR CO SVY
SEC 17: W2
BLK 46, TIN, T&P RR CO SVY
SEC 10: SE
SEC 22: W2
TX
  ECTOR     340650/002     THE FROST NAT’L BANK, TR FOR ACCT   OXY USA WTP LP   7/1/2002   TX
TX
  ECTOR
WINKLER
    1717       282             BLK 46, TIN, T&P RR CO SVY
SEC 22: W2
TX
  ECTOR     340658/001     STATES INC   OXY USA WTP LP   11/29/2001   TX
TX
  ECTOR
WINKLER
    487       596             BLK 46, TIN, T&P RR CO SVY
SEC 22: W2
TX
  ECTOR     340650/007     LAZY BACKWARDS S LTD   OXY USA WTP LP   6/18/2002   TX
TX
  ECTOR
WINKLER
    493       844             BLK 456 TIN, T&P RR CO SVY
SEC 22: W2
TX
  ECTOR     340650/009     BRIAN HARDIN, TR OF SUSAN SLOAN TRUST   OXY USA WTP LP   6/3/2002   TX
TX
  ECTOR
WINKLER
    1675       415             BLK 46, TIN, T&P RR CO SVY
SEC 22: W2
TX
  ECTOR     340650/005     EVELYN S GRAHAM AND J RAY STEWART,   OXY USA WTP LP   10/30/2001   TX
TX
  ECTOR
WINKLER
    487       592             BLK 46, TIN, T&P RR CO SVY
SEC 22: W2
TX
  ECTOR     340650/001     WHITE STAR ENERGY INC   OXY USA WTP LP   2/27/2002   TX
TX
  ECTOR
WINKLER
    490       732             BLK 46, TIN, T&P RR CO SVY
SEC 22: W2
TX
  ECTOR     340650/004     J M ROGERS, AGENT & AIF FOR JEWEL L   OXY USA WTP LP   6/13/2001   TX
TX
  ECTOR
WINKLER
    1603       65             BLK 46, TIN, T&P RR CO SVY
SEC 22: W2
TX
  ECTOR     340642/005     DORA ELIZABETH WITT ET VIR   TERRA RESOURCES INC   9/24/1985   TX
TX
  ECTOR
WINKLER
    354       217             BLK 46, TIN, T&P RR CO SVY
SEC 22: W2

Page 21 of 128 Pages


 

                                                             
                        LEASE   RECORDED   RECORDED                
ST   COUNTY   LEASE NO   LESSOR / GRANTOR   LESSEE / GRANTEE   DATE   ST   COUNTY     BOOK     PAGE     ENTRY   DESCRIPTION
TX
  ECTOR     340642/002     W JOYCE ANDERSON ET AL   TERRA RESOURCES INC   11/20/1985   TX
TX
  ECTOR
WINKLER
    355       233             BLK 46, TIN, T&P RR CO SVY
SEC 22: W2
TX
  ECTOR     340642/003     MAX DAVID   TERRA RESOURCES INC   10/2/1985   TX
TX
  ECTOR
WINKLER
    942       141             BLK 46, TIN, T&P RR CO SVY
SEC 22: W2
TX
  ECTOR     340642/001     VIRGINIA SMITH ET VIR   TERRA RESOURCES INC   1/6/1986   TX
TX
  ECTOR
WINKLER
    355       749             BLK 46, TIN, T&P RR CO SVY
SEC 22: W2
TX
  ECTOR     340642/004     E A MCCULLOUGH   TERRA RESOURCES INC   2/5/1986   TX
TX
  ECTOR
WINKLER
    357       43             BLK 46, TIN, T&P RR CO SVY
SEC 22: W2
TX
  ECTOR     340650/010     JANICE LEE BURKETT   OXY USA WTP LP   5/1/2001   TX
TX
  ECTOR
WINKLER
    481       399             BLK 46, TIN, T&P RR CO SVY
SEC 22: W2
TX
  ECTOR     340650/013     THOMAS G SMITH   OXY USA WTP LP   5/1/2001   TX
TX
  ECTOR
WINKLER
    484       68             BLK 46, TIN, T&P RR CO SVY
SEC 22: W2
TX
  ECTOR     340650/008     CLARA G BATAILLE   OXY USA WTP LP   5/31/2001   TX
TX
  ECTOR
WINKLER
    482       339             BLK 46, TIN, T&P RR CO SVY
SEC 22: W2
TX
  ECTOR     340650/011     RUTH L CLEMENT   OXY USA WTP LP   6/5/2001   TX
TX
  ECTOR
WINKLER
    482       341             BLK 46, TIN, T&P RR CO SVY
SEC 22: W2
TX
  ECTOR     340650/012     THE PRESBYTERIAN HOME FOR CHILDREN   OXY USA WTP LP   5/23/2001   TX
TX
  ECTOR
WINKLER
    482       351             BLK 46, TIN, T&P RR CO SVY
SEC 22: W2
TX
  ECTOR     340656/001     WADE CHOATE, TRUSTEE OF THE CHOATE GRANDCHILDRENS   OXY USA WTP LP   3/21/2003   TX
TX
  ECTOR
WINKLER
    1734       515             BLK 46, TIN, T&P RR CO SVY
SEC 22: W2
TX
  ECTOR     340663/001     FRED W SHIELD & CO   OXY USA INC   11/13/1997   TX
TX
  ECTOR
WINKLER
    1367       35             BLK 46, TIN,T&P RR CO SVY
SEC 10: E2
SEC 22: W2
BLK 45, TIN, T&P RR CO SVY
SEC 28: W2
TX
  ECTOR     340645/002     JOHNNYE DIANE MASON   OXY USA WTP LP   3/1/2003   TX
TX
  ECTOR
WINKLER
    1815       110             BLK 46, TIN, T&P RR CO SVY
SEC 22: NW
TX
  ECTOR     340645/001     MARGARET BOOTH DUNNINGTON   OXY USA WTP LP   3/1/2003   TX
TX
  ECTOR
WINKLER
    1815       138             BLK 46, TIN, T&P RR CO SVY
SEC 22: NW
TX
  ECTOR     340657/001     ATLANTIC RICHFIELD COMPANY   DON TURMAN   3/1/1998   TX
TX
  ECTOR
WINKLER
    1392       936             BLK 45, TIN, T&P RR CO SVY
SEC 8: N2
SEC 28: NW, W2SW, SESW
SEC 28: NESW
BLK 46, TIN, T&P RR CO SVY
SEC 22: W2
TX
  ECTOR     340650/003     GREGORY J HAMPTON, TRUSTEE   OXY USA WTP LP   10/10/2002   TX
TX
  ECTOR
WINKLER
    1701       564             BLK 46, TIN, T&P RR CO SVY
SEC 22: W2
TX
  ECTOR     340640/011     VIRGINIA SMITH U/W/O T J HINERMAN   FRANK C ASHBY   12/7/1956   TX   ECTOR     271       529             BLK 45, TIN, T&P RR CO SVY
SEC 28: W2
TX
  ECTOR     340640/018     EVELYN C WHEELER, INDIV & U/W/O BENJAMIN WHEELER   B W WISEMAN JR AND F M JACKSON   10/17/1956   TX   ECTOR     272       48             BLK 45, TIN, T&P RR CO SVY
SEC 28: W2
TX
  ECTOR     340640/005     MARJORIE W TAYLOR, INDIV AND U/W/O WALTER W TAYLOR   B W WISEMAN JR AND F M JACKSON   10/3/1956   TX   ECTOR     272       112             BLK 45, TIN, T&P RR CO SVY
SEC 28: W2
TX
  ECTOR     340640/009     N R KNEASS ET UX   W R GODDARD   12/5/1956   TX   ECTOR     272       333             BLK 45, TIN, T&P RR CO SVY
SEC 28: W2
TX
  ECTOR     340640/012     WILLARD N DODGE ET AL   GEORGE S TURNER   12/4/1956   TX   ECTOR     273       215             BLK 45, TIN, T&P RR CO SVY
SEC 28: W2
TX
  ECTOR     340640/008     NANCY SHORT MOFFETT ET AL   B W WISEMAN JR AND F M JACKSON   11/1/1956   TX   ECTOR     273       217             BLK 45, TIN, T&P RR CO SVY
SEC 28: W2
TX
  ECTOR     340640/014     BEATRICE M FREER ET VIR, ETRX U/W/O EMMA BEATTY   B W WISEMAN JR AND F M JACKSON   6/21/1956   TX   ECTOR     273       219             BLK 45, TIN, T&P RR CO SVY
SEC 28: W2
TX
  ECTOR     340640/017     ELLEN R KINNE ET VIR   B W WISEMAN JR AND F M JACKSON   12/3/1956   TX   ECTOR     273       220             BLK 45, TIN, T&P RR CO SVY
SEC 28: W2
TX
  ECTOR     340640/013     W J HILSEWECK   RALPH W MALONE, TRUSTEE   1/2/1957   TX   ECTOR     273       233             BLK 45, TIN, T&P RR CO SVY
SEC 28: W2
TX
  ECTOR     340640/016     DERRELL H RIKERT ET AL   W R GODDARD   3/7/1957   TX   ECTOR     287       9             BLK 45, TIN, T&P RR CO SVY
SEC 28: W2

Page 22 of 128 Pages


 

                                                             
                        LEASE   RECORDED   RECORDED                
ST   COUNTY   LEASE NO   LESSOR / GRANTOR   LESSEE / GRANTEE   DATE   ST   COUNTY     BOOK     PAGE     ENTRY   DESCRIPTION
TX
  ECTOR     340644/001     RICHARD M COLEGATE, INDIVI AND U/W/O HENRY A COLEG   RUST OIL CORPORATION   12/3/1985   TX   ECTOR     945       122             BLK 45, TIN, T&P RR CO SVY
SEC 28: W2
TX
  ECTOR     340644/002     HELEN KELLY LIESE ET AL   RUST OIL CORPORATION   12/9/1985   TX   ECTOR     943       659             BLK 45, TIN, T&P RR CO SVY
SEC 28: W2
TX
  ECTOR     340651/001     AMERICAN NAT’L BANK, AGENT OF JANE L RUSSELL OIL A   OXY USA WTP LP   4/29/2003   TX   ECTOR     1747       851             BLK 45, TIN, T&P RR CO SVY
SEC 28: NW, W2SW, SESW
TX
  ECTOR     340651/003     W A LANDRETH JR   OXY USA WTP LP   4/22/2003   TX   ECTOR     1743       706             BLK 45, TIN, T&P RR CO SVY
SEC 28: NW, W2SW, SESW
TX
  ECTOR     340653/004     JAMES E HALL   OXY USA WTP LP   5/19/2003   TX   ECTOR     1747       859             BLK 45, TIN, T&P RR CO SVY
SEC 28: NW, W2SW, SESW
TX
  ECTOR     340651/002     AMERICAN NAT’L BANK, TRUSTEE OF   OXY USA WTP LP   4/29/2003   TX   ECTOR     1747       855             BLK 45, TIN, T&P RR CO SVY
SEC 28: NW, W2SW, SESW
TX
  ECTOR     340653/002     THE FROST NAT’L BANK, TR FOR ACCT   OXY USA WTP LP   5/6/2003   TX   ECTOR     1747       61             BLK 45, TIN, T&P RR CO SVY
SEC 28: NW, W2SW, SESW
TX
  ECTOR     340652/001     SEMPRA ENERGY PRODUCTION CO   OXY USA WTP LP   5/20/2003   TX   ECTOR     1747       863             BLK 45, TIN, T&P RR CO SVY
SEC 28: NW, W2SW, SESW
TX
  ECTOR     340653/006     JOHN J REDFERN IV   OXY USA WTP LP   6/17/2003   TX   ECTOR     1776       665             BLK 45, TIN, T&P RR CO SVY
SEC 28: NW, W2SW, SESW
TX
  ECTOR     340653/005     RANDALL REDFERN MACNAUGHTON   OXY USA WTP LP   6/17/2003   TX   ECTOR     1776       669             BLK 45, TIN, T&P RR CO SVY
SEC 28: NW, W2SW, SESW
TX
  ECTOR     3400662/001     APACHE CORPORATION   OXY USA INC   6/1/1998   TX   ECTOR     1421       135             BKL 45, TIN, T&P RR CO SVY
SEC 7: E/2W/2
TX
  ECTOR     340636/002     JESSIE MAY WILLIAMSON   BEN T ROGERS   7/11/1949   TX   ECTOR     137       173             BLK 45, TIN, T&P RR CO SVY
SEC 17: W2
TX
  ECTOR     340636/003     MARJORIE W TAYLOR   MARIAH ENERGY   3/17/1954   TX   ECTOR     207       253             BLK 45, TIN, T&P RR CO SVY
SEC 17: W2
TX
  ECTOR     340636/004     RICHARD M COLGATE, ET AL   W R GODDARD   7/30/1958   TX   ECTOR     314       339             BLK 45, TIN, T&P RR CO SVY
SEC 17: W2
TX
  ECTOR     340636/001     FRED W SHIELD   BUCK WILSON   8/19/1958   TX   ECTOR     318       410             BLK 45, TIN, T&P RR CO SVY
SEC 17: W2
TX
  ECTOR     340637/001     KERR-MCGEE OIL & GAS   OXY USA WTP LP   8/1/2001   TX   ECTOR     1638       118             BLK 45, T1N, T&P RR CO SVY
SEC 17: W2
TX
  ECTOR     340653/003     CHARLES L HALL   OXY USA WTP LP   5/19/2003   TX   ECTOR     1765       16             BLK 45 T1N
SEC 28: NW, W2SW, SESW
TX
  ECTOR     340653/001     HERD PARTNERS LIMITED   OXY USA INC   4/23/2003   TX   ECTOR     1743       710             BLK 45, TIN, T&P RR CO SVY
SEC 28: NW, W2SW, SESW
TX
  ECTOR     340640/001     JESSIE MAY WILLIAMSON   B W WISEMAN JR AND F M JACKSON   5/8/1956   TX   ECTOR     259       424             BLK 45, TIN, T&P RR CO SVY
SEC 28: W2
TX
  ECTOR     340640/006     MAX DAVID   B W WISEMAN JR AND F M JACKSON   6/11/1956   TX   ECTOR     260       326             BLK 45, TIN, T&P RR CO SVY
SEC 28: W2
TX
  ECTOR     340640/021     J RALPH STEWART   B W WISEMAN JR AND F M JACKSON   6/21/1956   TX   ECTOR     261       200             BLK 45, TIN, T&P RR CO SVY
SEC 28: W2
TX
  ECTOR     340640/002     JOHN L ABBOTT   B W WISEMAN JR AND F M JACKSON   6/21/1956   TX   ECTOR     262       527             BLK 45, TIN, T&P RR CO SVY
SEC 28: W2
TX
  ECTOR     340640/007     MAY W COLES ET VIR   B W WISEMAN JR AND F M JACKSON   6/21/1956   TX   ECTOR     262       528             BLK 45, TIN, T&P RR CO SVY
SEC 28: W2
TX
  ECTOR     340640/019     1ST NATIONAL BANK OF FT WORTH U/W/O   B W WISEMAN JR AND F M JACKSON   6/21/1956   TX   ECTOR     262       531             BLK 45, TIN, T&P RR CO SVY
SEC 28: W2
TX
  ECTOR     340640/010     PHOEBE T HORN ET VIR   B W WISEMAN JR AND F M JACKSON   6/21/1956   TX   ECTOR     262       532             BLK 45, TIN, T&P RR CO SVY
SEC 28: W2
TX
  ECTOR     340640/020     HOWARD L ANDERSON ET UX   B W WISEMAN JR AND F M JACKSON   6/21/1956   TX   ECTOR     263       392             BLK 45, TIN, T&P RR CO SVY
SEC 28: W2
TX
  ECTOR     340640/003     LUCILE NEWCOMBE HILSEWECK ET VIR   B W WISEMAN JR. AND F M JACKSON   6/21/1956   TX   ECTOR     265       465             BLK 45 T1N
T&P RR CO SVY
SEC 28: W2
TX
  ECTOR     340640/004     KATHRYN COONS ET AL   B W WISEMAN JR AND F M JACKSON   6/21/1956   TX   ECTOR     268       59              
TX
  ECTOR     340640/015     CORNELIUS SCHNURR   B W WISEMAN JR AND F M JACKSON   10/3/1956   TX   ECTOR     270       362             BLK 45, TIN, T&P RR CO SVY
SEC 28: W2

Page 23 of 128 Pages


 

                                                             
                        LEASE   RECORDED   RECORDED                
ST   COUNTY   LEASE NO   LESSOR / GRANTOR   LESSEE / GRANTEE   DATE   ST   COUNTY     BOOK     PAGE     ENTRY   DESCRIPTION
TX
  GAINES     42.02051.000     RILEY, THOMAS TRUST JAMES   GULF OIL CORPORATION   8/30/1943   TX   GAINES     37       35              
TX
  GAINES     42.02052.00A     NICHOLS, N. DALE, ET AL   DYCO PETROLEUM CORPORATION   8/3/1977   TX   GAINES     227       579              
TX
  GAINES     42.02053.00A     CUMMINS, R.H. ET AL   THE DEVONIAN CO   9/14/1978   TX   GAINES     53       20              
TX
  GAINES     42.02053.00B     CUNNINGHAM, DORA E. ET AL   THE DEYONIAN CO   8/23/1948   TX   GAINES     52       468              
TX
  GAINES     42.02053.00C     TERRILL, J.V.   THE DEVONIAN CO   11/2/1948   TX   GAINES     53       508              
TX
  GAINES     M10533.000     TURMAN, L C   SOUTHLAND ROYALTY COMPANY   5/31/1929   TX   GAINES     29       54             PSL SURVEY, BLK A-10
SEC 10: W2
TX
  GAINES     M11596.000     PARHAM, S L   SOUTHLAND ROYALTY COMPANY   7/26/1949   TX   GAINES     100       207             PSL SURVEY, BLK A-10
SEC 8: ALL
TX
  GLASSCOCK     42.02078.00A     KOLB, NORMA JEAN   SLATE LAND SERVICES   7/27/1992   TX   GLASSCOCK     293       746              
TX
  GLASSCOCK     42.02078.00B     KOLB, CHARLES STEVEN   SLATE LAND SERVICES   7/28/1992   TX   GLASSCOCK     294       192              
TX
  GLASSCOCK     42.02078.00C     FOWLER, DEBORA LYNN   SLATE LAND SERVICES   7/28/1992   TX   GLASSCOCK     295       36              
TX
  GLASSCOCK     42.02087.00A     GAMBILL, JOE JR., ET AL   DEVANIAN OIL CO   6/25/1945   TX   GLASSCOCK     57       23              
TX
  GLASSCOCK     42.02087.00B     REYNOLDS, C. C. & WILLIE   DEVONIAN OIL CO   4/21/1945   TX   GLASSCOCK     56       16              
TX
  GLASSCOCK     42.02089.00A     WHITEHOUSE, WILLIAM GLADSTONE & EUNICE   EL CAPITAN OIL CO   2/22/1951   TX   GLASSCOCK     66       324              
TX
  GLASSCOCK     42.02089.00B     COX, CHAS. J. & B. RAE   F E MILLER   1/31/1948   TX   GLASSCOCK     60       128              
TX
  GLASSCOCK     42.02090.00A     GAMBILL, LAWTON L., ET AL   TIDE WATER ASSOCIATED OIL COMPANY   11/17/1944   TX   GLASSCOCK     55       137              
TX
  GLASSCOCK     42.02091.00A     DANIEL, OLIVER H.   W.H POMEROY JR   12/8/1947   TX   GLASSCOCK     58       261              
TX
  GLASSCOCK     42.02091.00B     HAYDEN, R. E. & CLARA, ET   AL W.H POMEROY JR   11/18/1947   TX   GLASSCOCK     58       250              
TX
  GLASSCOCK     42.02093.00A     HENDRICKSON, IRMA WRAGE, ET AL   R.L YORK   2/7/1944   TX   GLASSCOCK     53       513              
TX
  GLASSCOCK     42.02116.000     BIGBY, J.O, ET UX   JOHN L FOGARTY   2/18/1947   TX   GLASSCOCK     58       92              
TX
  GLASSCOCK     42.02117.000     COUEY, M.L., ET AL   B.C MANN   4/17/1947   TX   GLASSCOCK     58       186              
TX
  GLASSCOCK     42.02118.000     HOWARD, WM.   W.H POMEROY JR   11/17/1947   TX   GLASSCOCK     58       243              
TX
  GLASSCOCK     42.02119.000     FRASER, GEORGE C, ET AL   TIDE WATER ASSOCIATED OIL COMPANY   2/14/1947   TX   GLASSCOCK     58       275              
TX
  GLASSCOCK     42.02120.000     HOWARD, WILLIAM   W.H POMEROY JR   12/17/1947   TX   GLASSCOCK     58       289              
TX
  GLASSCOCK     42.02121.000     COUEY, M.L., ET AL   B.C MANN   2/15/1947   TX   GLASSCOCK     58       106              
TX
  GLASSCOCK     C.910872.001     A LOUIS WRAGE ET AL   GENERAL AMERICAN OIL COMPANY   11/29/1950   TX   GLASSCOCK     66       307             BLK 36, T3S, T&P RR CO SVY
SEC 28: SW
TX
  GLASSCOCK     C.910873.000     LOUIS A WRAGE ET AL   GENERAL AMERICAN OIL COMPANY   7/25/1950   TX   GLASSCOCK     63       558             BLK 36, T3S, T&P RR CO SVY
SEC 28: SW
TX
  HOCKLEY     C.919397.000     W T COBLE ET UX   J A WHITTENBURG   12/20/1936   TX   HOCKLEY     7       89             LEAGUE 66, HARDEMAN COUNTY SCHOOL LAND SVY
SUBDIVISION 16: W2
TX
  HOCKLEY     C.919398.000     W T COBLE ET UX   ANGUISH LINK   5/26/1936   TX   HOCKLEY     4       534             LEAGUE 66, HARDEMAN COUNTY SCHOOL LAND SVY
TRACT 5: E2
TRACT 6: E2
TRACT 15: W2
TRACT 25: E2
TX
  HOCKLEY     C.919399.001     W T COBLE   ALEX MCCUTCHIN   6/15/1946   TX   HOCKLEY     16       242             LEAGUE 66, HARDEMAN COUNTY SCHOOL LAND SVY
SUBDIVISION 15: E2
SUBDIVISION 16: E2
TX
  HOCKLEY     C.919400.001     BURNETT B ROBERTS ET UX   R F DUFFIELD   2/2/1944   TX   HOCKLEY     13       54             LEAGUE 66, HARDEMAN COUNTY SCHOOL LAND SVY
SUBDIVISION 15: E2
SUBDIVISION 16: E2
TX
  HOCKLEY     C.919401.000     L P HOWERTON ET UX   R F DUFFIELD   2/2/1944   TX   HOCKLEY     12       410             LEAGUE 66, HARDEMAN COUNTY SCHOOL LAND SVY
SUBDIVISION 24: S2W2
TX
  HOCKLEY     C.919402.000     L P HOWERTON ET UX   W T COBLE   2/25/1939   TX   HOCKLEY     7       527             LEAGUE 66, HARDEMAN COUNTY SCHOOL LAND SVY
SUBDIVISION 24: N2W2
TX
  HOCKLEY     C.919403.000     W T COBLE   ALEX MCCUTCHIN   11/29/1946   TX   HOCKLEY     89       63             LEAGUE 66, HARDEMAN COUNTY SCHOOL LAND SVY
SUBDIVISION 17: W2
TX
  HOCKLEY     C.928515.000     W T COBLE   H E CHILES JR   2/15/1947   TX   HOCKLEY     16       336             LEAGUE 66, HARDEMAN COUNTY SCHOOL LAND SVY
SUBDIVISION 6: W2
SUBDIVISION 5: S2W2
TX
  HOCKLEY     C.928516.000     W T COBLE   H E CHILES JR ET AL   4/1/1947   TX   HOCKLEY     16       438             LEAGUE 67, HARDEMAN COUNTY SCHOOL LAND SVY
SUBDIVISION 18: E2, W2

Page 24 of 128 Pages


 

                                                             
                        LEASE   RECORDED   RECORDED                
ST   COUNTY   LEASE NO   LESSOR / GRANTOR   LESSEE / GRANTEE   DATE   ST   COUNTY     BOOK     PAGE     ENTRY   DESCRIPTION
TX
  HOCKLEY     C.928517.000     W T COBLE ET AL   EDWARD C LAWSON   8/27/1947   TX   HOCKLEY     16       579             LEAGUE 68, HARDEMAN COUNTY SCHOOL LAND SVY
SUBDIVISION 32: N2
LESS & EXCEPT 36.7 ACS IN NW4, 36.7 ACS IN NE4
TX
  HOCKLEY     C.928518.000     W T COBLE   EDWARD C LAWSON   10/6/1947   TX   HOCKLEY     16       601             LEAGUE 65, 68, HARDEMAN COUNTY SCHOOL LAND SVY
SUBDIVISION 31: S2
LESS & EXCEPT 8.49 ACRES BEING ROW TO P&SF RY CO SVY
SUBDIVISION 30: N2
LESS & EXCEPT 73.47 ACRES BEING ROW TO P&SF RY CO SVY
TX
  HOCKLEY     C.928519.000     P O SMITH   SAM COMBS   8/18/1944   TX   HOCKLEY     14       405             LEAGUE 66, HARDEMAN COUNTY SCHOOL LAND SVY
SUBDIVISION 5: W2N2W2
TX
  HOCKLEY     C.928520.000     NELSON W WILLARD   COLINE OIL CORP   10/1/1929   TX   HOCKLEY     4       14             LEAGUE 81, SHACKELFORD COUNTY SCHOOL LAND SVY
LABOR 25: 42.5 ACRES OF SOUTH 85 ACRES
TX
  HOCKLEY     C.928549.000     PANHANDLE & SANTA FE RR   EDWARD C LAWSON   1/28/1948   TX   HOCKLEY     102       487             LEAGUE 65, 68, HARDEMAN COUNTY SCHOOL LAND SVY
SUBDIVISION 31: ALL THAT CERTAIN STRIP, TRACT OR PARCEL SITUATED IN THE S/2
TX
  HOCKLEY     C.928611.000     T B GRANT   E CONSTANTIN JR   7/7/1947   TX   HOCKLEY     16       543             LEAGUE 67, HARDEMAN COUNTY SCHOOL LAND SVY
TRACT 8: E2 BEING 177.1 ACRES
TX
  HOCKLEY     C.928612.000     W C KINSER ET UX   E CONSTANTIN JR   5/27/1947   TX   HOCKLEY     16       407             LEAGUE 67, HARDEMAN COUNTY SCHOOL LAND SVY
SUBDIVISION 12: W2
TX
  HOCKLEY     C.928613.000     BURNETT B ROBERTS   E CONSTANTIN JR   5/19/1947   TX   HOCKLEY     16       402             LEAGUE 67, HARDEMAN COUNTY SCHOOL LAND SVY
SUBDIVISION 19: W2
SUBDIVISION 22: W2
TX
  HOCKLEY     C.929121.000     CATHARINE C WHITTENBURG ET AL   CAJIF PETROLEUM COMPANY   11/11/1966   TX   HOCKLEY     58       121             LEAGUE 65, 68, HARDEMAN COUNTY SCHOOL LAND SVY
SUBDIVISION 30: N2 LESS & EXCEPT 73.36 ACRES AND 36.5997 ACRES IN SE CORNER OF N2
TX
  HOCKLEY     C.929122.000     CATHARINE C WHITTENBURG ET AL   CAJIF PETROLEUM COMPANY   6/3/1966   TX   HOCKLEY     57       646             LEAGUE 66, HARDEMAN COUNTY SCHOOL LAND SVY
SUBDIVISION 23: SE 10 ACRES OUT OF W2
TX
  HOWARD     42.02076.00A     GEODYNE NOMINEE CORPORATION   SAMSON LONE STAR LIMITED PARTNERSHIP   7/7/2004   TX   HOWARD     973       74       00002549      
TX
  HOWARD     42.02079.00A     FRANKLIN, JAMES W   RBP LAND COMPANY   10/16/1994   TX   HOWARD     707       681              
TX
  HOWARD     42.02079.00B     HALE, WYNELLE FRANKLIN ET   RBP LAND COMPANY   10/16/1994   TX   HOWARD     709       431              
TX
  HOWARD     42.02133.000     DAVIS, NADA MAE   KERRY E BLAIR   11/30/1994   TX   HOWARD     712       358       1257      
TX
  HOWARD     42.02134.00A     MORGAN CAPITAL GROUP, INC, ET AL   COBRA EXPLORATION COMPANY   2/1/1995   TX   HOWARD     712       395       1276      
TX
  HOWARD     42.02134.00B     HALL, FLORENCE THELMA, TESTAMENTARY TRUST, ET AL   RBP LAND COMPANY   11/7/1995   TX   HOWARD     728       41       7503      
TX
  HOWARD     42.M0072.00A     GEODYNE NOMINEE CORPORATION   PHILLIP HANCOCK   12/1/1999   TX
TX
  HOWARD
MITCHELL
  668
65
  377
462
          MD00563000 — AN UNIVIDED 1/8 INTEREST IN AND TO ALL THE OIL, GAS AND OTHER
MINERALS IN
AND UNDER OR THAT MAY BE PRODUCED FROM, THE FOLLOWING DESCRIBED LANDS
SITUATED IN HOWARD COUNTY, TEXAS:

BLOCK 29, WACO AND NORTHWESTERN RR CO SURVEY
SECTION 64: S2
SECTION 65: S2
SECTION 93: NE NE, W2 NE, NW SE
SECTION 96: E2

AND UNDIVIDED 1/4 INTEREST IN AND TO ALL OF THE OIL, GAS AND OTHER MINERALS
IN AND UNDER OR THAT MAY BE PRODUCED FROM, THE FOLLOWING DESCRIBED LANDS
SITUATED IN HOWARD COUNTY, TEXAS:

SECTION 114:
 
 
                                                          S2 SE

AN UNDIVIDED 1/8 INTEREST IN AND TO ALL OF THE OIL, GAS AND OTHER MINERALS
IN AND UNDER THAT MAY BE PRODUCED FROM ALL OF SECTION 9, BLOCK 17, S.P. RR
SURVEY, MITCHELL COUNTY, TEXAS, AND BEING THE SAME AND IDENTICAL INTEREST
CONVEYED BY HARRY HYMAN AND WIFE, SARAH M. HYMAN TO PEERLESS OIL & GAS
COMPANY BY INSTRUMENT, DATED MARCH 9, 1926 RECORDED IN VOLUME 65, PAGE 462
OF THE DEED RECORDS OF MITCHELL COUNTY, TEXAS

Page 25 of 128 Pages


 

                                                             
                        LEASE   RECORDED   RECORDED                
ST   COUNTY   LEASE NO   LESSOR / GRANTOR   LESSEE / GRANTEE   DATE   ST   COUNTY     BOOK     PAGE     ENTRY   DESCRIPTION
TX
  HOWARD     42.M0079.00A     GEODYNE NOMINEE CORPORATION   SAMSON LONE STAR LIMITED PARTNERSHIP   6/14/2005   TX   HOWARD     1004       240       001636     MD02422000 — AN UNDIVIDED 1/4 INTEREST IN AND TO ALL OF THE OIL, GAS AND
OTHER MINERALS IN AND UNDER OR THAT MAY BE PRODUCED FROM THE FOLLOWING
DESCRIBED LANDS SITUATED IN HOWARD COUNTY, TEXAS:

BLOCK 33, TOWNSHIP 1 NORTH, T&P RR CO SURVEY
SECTION 14: NE
TX
  HOWARD     42.M0080.00A     SAMSON LONE STAR, LLC, ET   AL ENDURO OPERATING LLC   3/3/1993   TX   HOWARD     1208       422       2011-00000424     MD02426000 — AN UNDIVIDED 1/4 INTEREST IN AND TO ALL THE
OIL, GAS AND OTHER MINERALS IN AND UNDER OR THAT MAY BE
PRODUCED FROM, THE FOLLOWING DESCRIBED LANDS SITUATED IN
HOWARD COUNTY, TEXAS:

BLOCK 33, TOWHSHIP 1 NORTH, T&P RR CO SURVEY
SECTION 17: SE, W2 NE4, NE4 NE4
TX
  IRION     42.02085.00A     TUCKER, VERLIS BRANCH ET   VIR BILL B CHAPPELL   1/3/1977   TX   IRION     39       459              
TX
  IRION     42.02085.00B     COLONIAL ROYALTIES CO   MWJ PRODUCING COMPANY   10/28/1976   TX   IRION     39       311              
TX
  IRION     42.02085.00C     SNYDER, F W   JOSEPH S GRUSS   4/16/1973   TX   IRION     32       74              
TX
  IRION     42.02085.00D     CASHDOLLAR ROYALTY TRUST, CREATED BY DOT 3/1/1954   MWJ PRODUCING COMPANY   10/27/1976   TX   IRION     39       313              
TX
  IRION     42.02096.000     TEXAS SCOTTISH RITE HOSPITAL FOR CRIPPLED CHILDREN   JOHN L COX   11/4/1981   TX
TX
  IRION
REAGAN
    55       98    
52587
   
TX
  IRION     42.02097.000     TEXAS SCOTTISH RITE HOSPITAL FOR CRIPPLED CHILDREN   JOHN L COX   11/4/1981   TX
TX
  IRION
REAGAN
    177       255    
52586
   
TX
  IRION     42.02098.000     TEXAS SCOTTISH RITE HOSPITAL FOR CRIPPLED CHILDREN   JOGRUSS OIL CORPORATION   1/1/1972   TX
TX
  IRION
REAGAN
    30       137    
72153
   
TX
  IRION     42.02099.000     TEXAS SCOTTISH RITE HOSPITAL FOR CRIPPLED CHILDREN   EVELYN R GRUSS   10/5/1971   TX
TX
  IRION
REAGAN
    126       299    
34724
   
TX
  IRION     42.02100.000     TEXAS SCOTTISH RITE HOSPITAL FOR CRIPPLED CHILDREN   JOSEPH S GRUSS   4/12/1971   TX
TX
  IRION
REAGAN
    125       166    
34203
   
TX
  IRION     42.02101.000     TEXAS SCOTTISH RITE HOSPITAL FOR CRIPPLED CHILDREN   JOSEPH S GRUSS   4/12/1971   TX
TX
  IRION
REAGAN
    81       164              
TX
  IRION     42.02102.000     TEXAS SCOTTISH RITE HOSPITAL FOR CRIPPLED CHILDREN   JOSEPH S GRUSS   4/12/1971   TX
TX
  IRION
REAGAN
    81       207              
TX
  IRION     42.02103.000     TEXAS SCOTTISH RITE HOSPITAL FOR CRIPPLED CHILDREN   JOSEPH S GRUSS   4/12/1971   TX
TX
  IRION
REAGAN
    81       193              
TX
  IRION     42.02104.000     TEXAS SCOTTISH RITE HOSPITAL FOR CRIPPLED CHILDREN   JOHN L COX   11/4/1981   TX   IRION     55       65              
TX
  IRION     42.02105.000     TEXAS SCOTTISH RITE HOSPITAL FOR CRIPPLED CHILDREN   JOSEPH S GRUSS   10/5/1971   TX   IRION     30       417       34725      
TX
  IRION     42.02106.000     TEXAS SCOTTISH RITE HOSPITAL FOR CRIPPLED CHILDREN   JOSEPH S GRUSS   10/5/1971   TX
TX
  IRION
REAGAN
    126       277    
34722
   
TX
  IRION     42.02107.000     TEXAS SCOTTISH RITE HOSPITAL FOR CRIPPLED CHILDREN   JOSEPH S GRUSS   1/1/1972   TX   IRION     30       192              
TX
  IRION     42.02108.000     TEXAS SCOTTISH RITE HOSPITAL FOR CRIPPLED CHILDREN   JOSEPH S GRUSS   1/1/1972   TX   IRION     30       181              
TX
  IRION     42.02109.000     TEXAS SCOTTISH RITE HOSPITAL FOR CRIPPLED CHILDREN   JOSEPH S GRUSS   11/1/1972   TX   IRION     30       170              
TX
  IRION     42.02110.000     TEXAS SCOTTISH RITE HOSPITAL FOR CRIPPLED CHILDREN   JOSEPH S GRUSS   1/1/1972   TX   IRION     30       159              
TX
  IRION     42.02111.000     TEXAS SCOTTISH RITE HOSPITAL FOR CRIPPLED CHILDREN   JOSEPH S GRUSS   1/1/1972   TX   IRION     30       148              
TX
  IRION     42.02122.000     TEXAS SCOTTISH RITE HOSPITAL FOR CRIPPLED CHILDREN   JOSEPH S GRUSS   10/5/1971   TX   IRION     118       256       34721      
TX
  IRION     42.02123.000     CRAVENS, HENRY, ET AL   MWJ PRODUCING COMPANY   6/27/1968   TX   IRION     25       175              
TX
  IRION     42.02124.000     SUGG, ELA C   ENERGY TRADING INC   2/28/1977   TX   IRION     40       365              
TX
  IRION     42.02176.000     NOELKE, W.M., ESTATE   THE ATLANTIC REFINING COMPANY   6/26/1946   TX   IRION     11       121              
TX
  MARTIN     42.02056.00A     EXCHANGE OIL & GAS CORP   R K PETROLEUM CORP   2/18/1974   TX   MARTIN     153       241              
TX
  MARTIN     42.02056.00B     LAMESA NATIONAL BANK ET AL TRUSTEES   R K PETROLEUM CORP   2/1/1971   TX   MARTIN     137       150              

Page 26 of 128 Pages


 

                                                             
                        LEASE   RECORDED   RECORDED                
ST   COUNTY   LEASE NO   LESSOR / GRANTOR   LESSEE / GRANTEE   DATE   ST   COUNTY     BOOK     PAGE     ENTRY   DESCRIPTION
TX
  MARTIN     42.02056.00C     U S SMELTING REFINING & MINING COMPANY   R K PETROLEUM CORP   5/14/1971   TX   MARTIN     137       814              
TX
  MARTIN     42.02056.00D     TEXAS LAND & MORTGAGE COMPANY INC   R K PETROLEUM CORP   2/12/1971   TX   MARTIN     135       238              
TX
  MARTIN     42.02056.00E     ANDERSON, RICHARD S. IND & AS EXEC   R K PETROLEUM CORP   2/12/1971   TX   MARTIN     135       237              
TX
  MARTIN     42.02113.00A     BAUER, ANELLA SLAUGHTER, ET AL   FRANK SHACKELFORD   12/31/1970   TX   MARTIN     133       416       483      
TX
  MIDLAND     42.02127.000     HUTCHINSON, MRS. W.A., ET   AL PETE DROPPLEMAN FRANK J DOWNEY   11/18/1943   TX
TX
  MIDLAND
GLASSCOCK
  77
53
  561
593
           
TX
  PECOS     42.02057.00A     PECOS VALLEY OIL COMPANY   PEERLESS OIL & GAS COMPANY   8/29/1938   TX   PECOS     120       129              
TX
  PECOS     42.02058.00A     PECOS VALLEY OIL COMPANY   M H BLACK   6/4/1938   TX   PECOS     119       319              
TX
  PECOS     42.02059.00A     PECOS VALLEY OIL COMPANY   JOHN M HILLS   6/12/1959   TX   PECOS     266       452              
TX
  PECOS     42.02059.00B     MINARY, JOHN S.   JOHN M HILLS   6/22/1959   TX   PECOS     266       377              
TX
  PECOS     42.02059.00C     BENEDICT CORPORATION   JOHN M HILLS   6/12/1959   TX   PECOS     272       7              
TX
  PECOS     42.02059.00D     WICKES, L.W., AGENT   JOHN M HILLS   6/30/1959   TX   PECOS     272       248              
TX
  PECOS     42.02059.00E     ONEILL, GROVER   JOHN M HILLS   7/1/1959   TX   PECOS     267       165              
TX
  PECOS     42.02059.00F     TURNER, LEWIS   JOHN M HILLS   5/28/1959   TX   PECOS     267       169              
TX
  PECOS     42.02059.00G     PALEY, BARBARA C.   JOHN M HILLS   6/23/1959   TX   PECOS     266       459              
TX
  PECOS     42.02059.00H     HAWKINS, MARGUERITE   JOHN M HILLS   6/25/1959   TX   PECOS     266       464              
TX
  PECOS     42.02059.00I     CALLERY, FRANCIS A.   JOHN M HILLS   5/14/1959   TX   PECOS     266       382              
TX
  PECOS     42.02059.00J     BAIRD, DAVIS G.   JOHN M HILLS   7/22/1959   TX   PECOS     266       387              
TX
  PECOS     42.02059.00K     PERSHING, MURIEL R.,ETVIR   JOHN M HILLS   7/6/1959   TX   PECOS     266       392              
TX
  PECOS     42.02059.00L     PEERLESS OIL & GAS COMPAN   JOHN M HILLS   5/21/1959   TX   PECOS     266       397              
TX
  PECOS     42.02059.00M     CHADBOURNE, WILLIAM M.   JOHN M HILLS   5/26/1959   TX   PECOS     266       402              
TX
  PECOS     42.02059.00N     MONTEREY OIL COMPANY   JOHN M HILLS   6/30/1959   TX   PECOS     266       407              
TX
  PECOS     42.02059.00O     SWEENEY, ROBERT J.   JOHN M HILLS   6/1/1959   TX