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HomeMy WebLinkAbout960881Recording requested by, and when recorded return to: Koch Exploration Company, LLC 9777 Pyramid Court, Suite 210 Englewood, CO 80112 ASSIGNMENT, BILL OF SALE AND CONVEYANCE RECEIVED 9/7/2011 at 3:59 PM RECEIVING 960881 BOOK: 772 PAGE: 423 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY 000423 This ASSIGNMENT, BILL OF SALE AND CONVEYANCE (this "Assignment dated effective as of March 31, 2011 at 11:59:59 p.m. at the location of the applicable Assets (the "Effective Time is from EOG Resources, Inc., a Delaware corporation "Assignor 600- 17 Street, Suite 1000N, Denver, Colorado 80202, to Koch Exploration Company, LLC, a Delaware limited liability company "Assignee 9777 Pyramid Court, Suite 210, Englewood, Colorado 80112. Assignor and Assignee are sometimes collectively referred to as the "Parties" and each referred to individually as a "Party." Capitalized terms used herein and not otherwise defined in this Agreement shall have the meaning assigned to them in that certain Purchase and Sale Agreement dated as of June 28, 2011, by and between Assignor and Assignee (the "Purchase Agreement For $100.00 and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Assignor hereby sells, assigns, transfers, grants, bargains and conveys the Assets (as defined below) to Assignee. Section 1 "Assets" means all of Assignor's right, title and interest in and to the following real and personal property interests (but not the Excluded Assets, which include the Cow Hollow Retained Border Interests): a The oil and gas leases described on Exhibit A -1 (the "Leases insofar and only insofar as the Leases cover the lands described in Exhibit A -1 (the "Leased Lands and all royalty, overriding royalty, net profits and other interests in the Leased Lands. b. All rights with respect to any pooled, unitized or communitized acreage by virtue of any Leased Lands being part thereof. c. (i) (A) All rights that are derived under or from the Leases or the rights described in paragraph "b" above in all oil and gas wells; salt water disposal wells and injection wells not operated by Assignor; water wells and other wells now or hereafter located on the Leased Lands or lands pooled or unitized therewith, including the oil and gas wells specifically described on Exhibits A -2 -1 and A -2 -2, whether producing D -1 -1 WY CHU 000424 or non producing (the "Wells (ii) all personal property and equipment associated with the Wells; and (iii) all oil, natural gas, natural gas liquids and other hydrocarbons produced or processed in association therewith (whether or not such item is in liquid or gaseous form), or any combination thereof, and any minerals produced in association therewith "Hydrocarbons that, from and after the Effective Time, have been or may be produced from the Wells. d. (i) the Hydrocarbon sales, purchase, gathering, compression, treating, transportation, storage and processing agreements listed in Exhibit B -1, insofar and only insofar as they cover or relate to the interests described in paragraphs "a "b" and "c" above; and (ii) all other contracts, operating agreements, balancing agreements, joint venture agreements, partnership agreements, farmin and farmout agreements, bottomhole agreements, acreage contribution agreements, pooling declarations or agreements, communitization and unitization agreements (federal or otherwise), crossing agreements, and other contracts, agreements and instruments insofar and only insofar as they cover or relate to the interests described in paragraphs "a "b" and "c" above, including the agreements described on Exhibit B -2, (the "Material Agreements excluding any insurance contracts, the types of agreements described in paragraph "(d)(i)" above that are not listed on Exhibit B -1 and servitudes, rights of way, easements, surface or road use agreements and other surface rights (the "Easements e. (i) all (A) personal property, fixtures and improvements, (B) to the extent transferable, all permits, licenses, approvals and Easements, (C) tanks, boilers, buildings, improvements, injection and saltwater disposal facilities not operated by Assignor, gathering, compression, treating, transportation and storage and processing facilities that, in each case, and as of the date of the Purchase Agreement, were located on the Leased Lands, or were used or held for use primarily in connection with the operation of the Wells or Leased Lands or for the production, gathering, compression, treating, transportation, storage, processing, sale or disposal of Hydrocarbons produced from the Wells or Leased Lands; and (ii) the nonexclusive right to use the following (and Assignee shall bear the cost of perpetuating and maintaining the same in proportion to its use thereof): the types of property described in paragraph "(e)(i)" above that are used or held for use in connection with (A) the operation of the Wells or Leased Lands, and for use in connection with other properties not included in the Assets, or (B) the production, gathering, compression, treating, transportation, storage, processing, sale or disposal of Hydrocarbons produced from the Wells or Leased Lands, and for the production, gathering, compression, treating, transportation, storage, processing, sale or disposal of Hydrocarbons produced from other properties not included in the Assets. D -1 -2 WY CHU f. All rolling stock (other than titled vehicles), pipes, tubulars, fittings, and other materials used or held for use as operating inventory in connection with the operation of the Wells described in Exhibit A -2 -1. g. All Imbalances relating to the Assets. 000425 h. All communications and communications- related equipment wholly owned or operated by Assignor, and all SCADA and similar automation and control equipment and facilities, and an export of available historical Cygnet data in Cygnet export format, in each case, used or held for use exclusively in connection with the Assets as of the Effective Time. i. Copies (which will be in electronic form if so maintained by Assignor and otherwise in paper form) of all logs, well files and geologic data relating to the interests described in paragraphs "(a) "(b)" and "(c)" above, but excluding all data and information that is (i) subject to Third Party contractual restrictions on disclosure or transfer, (ii) subject to a transfer fee, unless Assignee agrees in writing to pay such transfer fee, and (iii) any interpretative data. j. Copies (which will be in electronic form if so maintained by Assignor and otherwise in paper form) of the files, records, data and information relating to the items described in paragraphs "(a)" through "(h)" above maintained by or in the possession or control of Assignor or Assignor's Affiliates (the "Records including accounting files, lease files, land contract files, well files, Hydrocarbon sales contract files, gas gathering, compression, treating, transportation, storage and processing files, division order files, abstracts of title, title opinions and title curative documents, operational, environmental, production and Tax files (other than Assignor's income Tax files). k. Any asset acquired by Assignor following the Effective Time that would otherwise constitute an "Asset" if owned by Assignor as of the Effective Time and for which Assignee will assume the Property Expenses arising therefrom. 1. Any claims and causes of action arising under or with respect to any Asset and all proceeds arising from such claims and causes of action, including any settlements thereof, to the extent such claims, causes of action and proceeds are attributable to the period after the Effective Time. m. All audit rights arising under any of the Material Agreements or otherwise with respect to any period after the Effective Time pertaining to any of the Assets that do not relate to any Retained Liabilities or with respect to any period prior to the Effective Time that relate to the Assumed Liabilities. n. Any claims against Third Parties related to the Assumed Liabilities. EXCEPTING AND RESERVING TO ASSIGNOR the following (the "Excluded Assets D -1 -3 WY CHU uu0426 1. any accounts receivable accruing or attributable to the period prior to the Effective Time; 2. all Hydrocarbons produced and sold from or attributable to the Assets with respect to the period prior to the Effective Time and all proceeds attributable thereto; 3. any refunds of or loss or credit carry forwards with respect to costs, Taxes or expenses borne by Assignor or Assignor's predecessors in title that are attributable to the period prior to the Effective Time, any refund of Assignor's income Taxes, and any of Assignor's income Tax credit or loss carry forwards; 4. any claims and causes of action of Assignor arising under or with respect to the Assets and all proceeds arising from such claims and causes of action, including any settlements thereof, to the extent such claims, causes of action and proceeds are attributable to the period prior to the Effective Time; 5. all audit rights arising under any of the Material Agreements or otherwise with respect to any period prior to the Effective Time or to any of the Excluded Assets and, in each case, that do not relate to any Assumed Liabilities, except for any Imbalances and except that the Assignee is entitled to participate in any Tax audit or proceeding to the extent that Assignee is or may be liable as a successor under applicable Law; 6. all abandoned and unclaimed property reportable under any state or local unclaimed property, escheat or similar Law for which the dormancy period has elapsed by the Closing Date; 7. any claims against Third Parties related to the Retained Liabilities; 8. communications and communications- related equipment wholly owned or operated by Assignor that are not used or held for use exclusively in connection with the Assets as of the Effective Time including (a) communications towers and 900 MHz spread spectrum and licensed master radios on Hogsback Mountain, (b) communication towers and 5.8 GHz radios supporting SWD operations and (c) related communications licenses granted by the Federal Communications Commission or other Governmental Authority; 9. all Cygnet hardware and software and SCADA and similar automation and control equipment and facilities that are not used exclusively in connection with the Assets as of the Effective Time; 10. any titled vehicles; 11. all communications and work product covered by the attorney client or attorney work product privileges (excluding abstracts of title, title opinions and title curative documents); 12. all seismic, if any, geophysical, geochemical, and interpretative data and information; D -1 -4 WY CHU 000427 13. all reserve reports (other than the reserve report dated as of April 1, 2011 prepared by DeGolyer and MacNaughton with respect to the Assets that has been furnished to Assignee) prepared by Assignor or its consultants, and all reserve reporting and classification information and supporting materials with respect to Assignor's determination or reporting of its reserves; Taxes; 14. the Cow Hollow Retained Border Interests (as defined below); 15. "record title," as recognized by the Bureau of Land Management, with respect to all lands covered by Lease 0050061 -000, USA WYW -05924 (provided that Assignor's "operating rights," as recognized by the Bureau of Land Management, and overriding royalty interest in such Lease and all other rights of Assignor under the Lease, insofar as the Lease covers the Leased Lands, shall be included in the Assets); 16. all corporate minute books; 17. all financial records and other business records to the extent not included in the Records; 18. all of the files, records, data and information relating to Assignor's income 19. all of Assignor's proprietary software, patents, trade secrets, copyrights, names, trademarks, logos and other intellectual property; 20. any contract or agreement that would otherwise constitute a Material Agreement but that has terminated in accordance with its terms or pursuant to which all of the obligations of the parties thereto have been fully and finally performed; and 21. all saltwater disposal wells, injection wells and related facilities operated by Assignor and all related disposal agreements, permits and authorizations. In addition, the Excluded Assets shall include, and Assignor shall reserve, the nonexclusive right to use the following (and Assignor shall bear the cost of perpetuating and maintaining the same in proportion to its use thereof): the types of property described in paragraph "(e)(i)" above that are used or held for use in connection with (A) other properties of Assignor that are not included in the Assets, or (B) the production, gathering, compression, treating, transportation, storage, processing, sale or disposal of Hydrocarbons produced from other properties of Assignor that are not included in the Assets. For purposes of this Assignment, the following terms shall have the following meanings: "Cow Hollow Unit Agreement" means the Unit Agreement for the Development and Operation of the Cow Hollow Unit Area, County of Lincoln, State of Wyoming, dated effective January 21, 1985. "Cow Hollow Unit Operating Agreement" means the Unit Operating Agreement for the Cow Hollow Unit Area dated January 1, 1985. D -1 -5 WY CHU 000428 "Cow Hollow Unit" means all depths in the federal exploratory unit formed pursuant to the Cow Hollow Unit Agreement. "Cow Hollow Retained Border Interests" means: (i) all right, title and interest of Assignor, whether now owned or hereafter acquired, in and to any oil and gas leases or portions thereof outside the Cow Hollow Unit that are not included in the Leases (which retained leases include leases that border on or are in the vicinity of the boundary of the Cow Hollow Unit); (ii) all rights that are derived under or from the leases reserved by Assignor in clause (i) above in all pooling and communitization agreements, declarations and orders, whether now existing or hereafter created, which include certain pooling or communitization agreements that cover lands both within and outside of the Cow Hollow Unit and in which (x) the Cow Hollow Unit acreage participates for its proportionate acreage share (and, accordingly, in which the Leases within the Cow Hollow Unit participate under the Cow Hollow Unit Agreement and Cow Hollow Unit Operating Agreement) and (y) the leases retained by Assignor in clause (i) above participate; and (iii) all rights that are derived under or from the leases reserved by Assignor in clause (i) above, and the rights reserved to Assignor in clause (ii) above, in: (x) all oil and gas wells and other wells now or hereafter located on the areas covered by the pooling or communitization agreements described in clause (ii) above, whether producing or non producing, (y) all personal property and equipment associated therewith, and (z) all Hydrocarbons allocated or attributable thereto. (For clarity, the rights reserved to Assignor in clause (iii) above: (A) include rights in the Wells described in Exhibit A -2 -2 and all other oil and gas wells and other wells now or hereafter located on the areas covered by the pooling or communitization agreements described in clause (ii) above, within or outside of the boundaries of the Cow Hollow Unit, in which the rights reserved to Assignor in clauses (i) and (ii) above are entitled to participate by virtue of such pooling or communitization agreements, but (B) do not include the rights derived under or from the Leases in the Wells described in Exhibit A -2 -2 and other oil and gas wells and other wells now or hereafter located on the areas covered by the pooling or communitization agreements described in clause (ii) above, within or outside of the boundaries of the Cow Hollow Unit.) TO HAVE AND TO HOLD the Assets unto Assignee and its successors and assigns forever. Section 2 This Assignment is made and accepted expressly subject to the following terms and conditions: D -1 -6 WY CHU 000429 A. Limited Title Warranty; Disclaimers. Assignor warrants and agrees to defend Assignee against every Person whomsoever lawfully claiming or to claim (i) an interest in any Allocated Property or any part thereof by, through or under Assignor or its Affiliates, but not otherwise, which claim, if successful, would constitute a Title Defect that causes Assignor not to have Defensible Title to such Allocated Property or (ii) an interest in any (A) personal property, fixtures, facilities, boilers, tanks, equipment, rolling stock, materials, operating inventory or similar assets, or (B) any Easements included in the Assets, by, through or under Assignor or its Affiliates, but not otherwise, which claim, if successful, would cause Assignor not to have good title to such Asset. Subject to the representations, warranties and covenants of Assignor in the Purchase Agreement, Assignor's failure to pay delay rentals, lease extension payments or similar payments shall not constitute a breach of Assignor's special warranty in this paragraph "A." EXCEPT AS EXPRESSLY SET FORTH ABOVE IN THIS PARAGRAPH "A" AND EXCEPT FOR THE EXPRESS REPRESENTATIONS AND WARRANTIES OF ASSIGNOR CONTAINED IN THE PURCHASE AGREEMENT, THIS ASSIGNMENT IS MADE WITHOUT (a) ANY WARRANTY OR REPRESENTATION, WHETHER EXPRESS, IMPLIED, STATUTORY OR OTHERWISE, RELATING TO (i) TITLE TO THE ASSETS, THE CONDITION, QUANTITY, QUALITY, FITNESS FOR A PARTICULAR PURPOSE, CONFORMITY TO THE MODELS OR SAMPLES OF MATERIALS OR MERCHANTABILITY OF ANY EQUIPMENT OR ITS FITNESS FOR ANY PURPOSE, (ii) THE ACCURACY OR COMPLETENESS OF ANY DATA, REPORTS, RECORDS, PROJECTIONS, INFORMATION OR MATERIALS NOW, HERETOFORE OR HEREAFTER FURNISHED OR MADE AVAILABLE TO ASSIGNEE IN CONNECTION WITH THE PURCHASE AGREEMENT OR THIS ASSIGNMENT, (iii) PRICING ASSUMPTIONS, OR QUALITY OR QUANTITY OF HYDROCARBON RESERVES (IF ANY) ATTRIBUTABLE TO THE ASSETS OR THE ABILITY OR POTENTIAL OF THE ASSETS TO PRODUCE HYDROCARBONS, (iv) THE ENVIRONMENTAL CONDITION OF THE ASSETS, BOTH SURFACE AND SUBSURFACE, INCLUDING ALL RISKS THAT THE ASSETS MAY CONTAIN WASTE MATERIALS (WHETHER TOXIC, HAZARDOUS, EXTREMELY HAZARDOUS OR OTHERWISE) OR OTHER ADVERSE PHYSICAL CONDITIONS, INCLUDING THE PRESENCE OF UNKNOWN ABANDONED OIL AND GAS WELLS, WATER WELLS, SUMPS, PIPELINES OR OTHER WASTE OR SPILL SITES WHICH MAY NOT HAVE BEEN REVEALED BY ASSIGNEE'S INVESTIGATION, (v) ANY IMPLIED OR EXPRESS WARRANTY OF NON INFRINGEMENT, OR (vi) ANY OTHER MATTERS CONTAINED IN ANY MATERIALS FURNISHED OR MADE AVAILABLE TO ASSIGNEE BY ASSIGNOR OR BY ASSIGNOR'S AGENTS OR REPRESENTATIVES, OR (b) ANY OTHER EXPRESS, IMPLIED, STATUTORY OR OTHER WARRANTY OR REPRESENTATION WHATSOEVER. ASSIGNEE IS RELYING SOLELY UPON THE TERMS OF THE PURCHASE AGREEMENT, THIS ASSIGNMENT AND ITS OWN INSPECTION OF THE ASSETS, AND, EXCEPT AS OTHERWISE PROVIDED IN THE PURCHASE AGREEMENT OR THIS ASSIGNMENT, ASSIGNEE SHALL ACCEPT ALL OF THE SAME IN THEIR "AS IS, WHERE IS" CONDITION. AS PARTIAL CONSIDERATION FOR THE PARTIES ENTERING INTO THIS ASSIGNMENT AND THE PURCHASE AGREEMENT, EACH PARTY HEREBY WAIVES THE PROVISIONS OF THE TEXAS DECEPTIVE TRADE PRACTICES D -1 -7 WY CHU CONSUMER PROTECTION ACT, ARTICLE 17.41 ET SEQ., TEXAS BUSINESS AND COMMERCE CODE, A LAW THAT GIVES CONSUMERS SPECIAL RIGHTS AND PROTECTION, AND ALL OTHER CONSUMER PROTECTION LAWS OF THE STATE OF TEXAS, OR OF ANY OTHER STATE, THAT MAY BE APPLICABLE TO THIS TRANSACTION, THAT MAY BE WAIVED BY SUCH PARTY. IT IS NOT THE INTENT OF EITHER PARTY TO WAIVE, AND NEITHER PARTY DOES HEREBY WAIVE, ANY LAW OR PROVISION THEREOF THAT IS PROHIBITED BY LAW FROM BEING WAIVED. EACH PARTY REPRESENTS THAT IT HAS HAD AN ADEQUATE OPPORTUNITY TO REVIEW THE PRECEDING WAIVER PROVISION, INCLUDING THE OPPORTUNITY TO SUBMIT THE SAME TO LEGAL COUNSEL FOR REVIEW AND ADVICE AND AFTER CONSULTATION WITH AN ATTORNEY OF ITS OWN SELECTION VOLUNTARILY CONSENTS TO THIS WAIVER, AND UNDERSTANDS THE RIGHTS BEING WAIVED HEREIN. THE PARTIES AGREE THAT, TO THE EXTENT REQUIRED BY APPLICABLE LAW TO BE OPERATIVE, THE DISCLAIMERS OF WARRANTIES CONTAINED IN THIS PARAGRAPH "A" ARE "CONSPICUOUS" DISCLAIMERS FOR THE PURPOSES OF ANY APPLICABLE LAW, RULE OR ORDER. B. Purchase Agreement. This Assignment is made subject to the Purchase Agreement. The Purchase Agreement contains certain representations, warranties, indemnities, assumptions and agreements between the Parties, some of which survive the delivery of this Assignment, as provided for therein and shall not be merged into this Assignment or be otherwise negated by the execution or delivery of this Assignment. This Assignment shall not be construed to amend the Purchase Agreement or vary the rights or obligations of either Assignor or Assignee from those set forth in the Purchase Agreement. In the event of any conflict between this Assignment and the Purchase Agreement, the terms of the Purchase Agreement shall control. C. Governmental Assignment Forms. The Parties shall execute and deliver such other assignments and assumptions, bills of sale, or deeds necessary to transfer the Assets to Assignee, including any conveyances on official forms and related documentation necessary to transfer the Assets to Assignee in accordance with requirements of state and federal governmental regulations. Those assignments shall be deemed to contain all of the terms hereof. The interests conveyed by such separate assignments are the same, and not in addition to, the interests conveyed herein. D. Successors and Assigns. The terms, covenants and conditions contained in this Assignment are binding upon and inure to the benefit of Assignor and Assignee and their respective successors and assigns, and such terms, covenants and conditions are covenants running with the land and with each subsequent transfer or assignment of the Assets or any part thereof. 000430 E. Counterparts and Recordation. This Assignment may be executed in any number of counterparts, each of which shall be deemed to be an original instrument, but all of which together shall constitute but one instrument. To facilitate recordation or filing of this Assignment, each counterpart filed with a county or state agency or office may contain only D -1 -8 WY CHU 000431 those portions of the Exhibits to this Assignment that describe property under the jurisdiction of that agency or office. Complete copies of this Assignment containing the entire Exhibits have been retained by Assignor and Assignee. F. Governing Law. The validity and construction of the portions of this Assignment that pertain to the conveyance of Wyoming real property interests shall be governed by and construed in accordance with the laws of Wyoming, without regard to its conflict of law rules, and the other provisions of this Assignment shall be governed by and construed in accordance with the laws of the State of Texas, without regard to its conflict of law rules. [Signature Pages Follow] D -1 -9 WY CHU 000432 EXECUTED on the dates contained in the acknowledgment of this instrument, to be effective for all purposes as of the Effective Time. [SIGNATURE PAGE TO ASSIGNMENT, BILL OF SALE AND CONVEYANCE] D -1 -10 WY CHU ASSIGNOR: EOG Resour) s, Inca By (tt Name: Brian J. Kissick Title: Vice President By: /1 Name: J. Michael 7chween Title: Agelt and Attorney -in -Fact ASSIGNEE: Koch Exploration Company, if/4 �VL STATE OF COLORADO ss. CITY AND COUNTY OF DENVER The foregoing instrument was acknowledged before me this 1st day of September, 2011 by J. Michael Schween, as Agent and Attorney -in -Fact of EOG Resources, Inc., a Delaware corporation, on behalf of such corporation. Witness my hand and official seal. My Commission expires: LAKE UTLER NOTARY PUBLIC STATE OF COLORADO My Commission Expires Dec. 2, 2012 STATE OF COLORADO ss. CITY AND COUNTY OF DENVER The foregoing instrument was acknowledged before me this 1st day of September, 2011 by Brian J. Kissick, as Vice President of Koch Exploration Company, LLC, a Delaware limited liability company, on behalf of such limited liability company. Witness my hand and official seal. My Commission expires: c) iI\P4) Notary Public [ACKNOWLEDGMENTS TO ASSIGNMENT, BILL OF SALE AND CONVEYANCE] D- 1- 11 —WYCHU 000433 RECORD TITLE 00000000'1 o o o 1.00000000 EOG ORRI (APO) u-1 0.00750000 L11 o o o o Ul 0 o o 0.00750000 EOG ORRI (BPO) D n D 0.00750000 o LA o o o o o Ln r o o o 0.00750000 OPERATING RIGHTS (APO) 7 D -i 1.00000000 o o 6 o o 0 o o o o o ti 00000000'1 OPERATING RIGHTS (BPO) 1.00000000 o o o o o 0 0 ri 1.00000000 LEGAL DESCRIPTION WITH DEPTHS Insofar and only insofar as lease covers: 22N- 112W -15: NESW. N2SE 22N- 112W -22: ALL 22N- 112W -26: NENE, S2NE All Depths *Record Title is excluded and will be retained by EOG Resources, Inc. Insofar and only insofar as lease covers: 22N- 112W -26: SW, N2SE, SWSE 22N- 112W -28: E2NE. NESE All Depths 'Section 16. T22N -R112W As to formations below the stratigraphic equivalent of 11,900 feet, being the total depth drilled in the Cow Hollow Unit #4 well, located in the NWNW of Section 16, T22N -R112W Insofar and only insofar as lease covers: 22N- 112W -34: NENW All Depths GROSS ACRES o d o b 00'0017 o 00'017 LEASE EFFECTIVE DATE n 01 t.0 1561/1/9 01 VD S96T/T /0T LESSOR USA WYW- 05924* 5Z650 MAM b'Sfl I I USA WYW- 0319563 'ON 3SV31 D 1 o 0 o 0 000- Z900S00 k b o 0 0 0 000 0900500 CD fa W J 0 H W U 000434 EXHIBIT A-1 31111 OBO3311 0 co o o i0 =0 i 1.00000000 1.00000000 EOG ORRI (APO) 0 0 t` O 0 o o o 0 j 0 0 n O 0 a 0 0 L 0 0 0.00075000 0.00075000 EOG ORRI (BPO) 0 O Lf) O O 0 0 us q O 0 O 1f4 O O co o o a 0 0 0 O O 0.00075000 0.00075000 OPERATING RIGHTS (APO) o O O O O lfl N O O O O co O O O .-1 o O O 0 0 if N O cs co 000000001 00000000'1 OPERATING RIGHTS (BPO) O O O O v, N O O O O O o 0 r-i 0 0 O co In N O 1.00000000 00000000'T LEGAL DESCRIPTION WITH DEPTHS C "o o V V a) Vl E c a r o ra 0, O N Iy, 6 I P2 VI in IO d a) c a IA y al p O iv v Z o o v w Y 3 Y v 0 .I ,--1 00 10 ,--I I^ o 0 c W u- a' N al V .0 O a) a.+ O N N O O O/— O N a, .--I C Ti m o z E 0 p 5 N 6 Q a) N IL a) O! N as o O �e C N f0 a) C I Y D co o z Q o 0 N N 11 3 0 C U o N a) u m a m o m m v 0 1 r Z 7, N m Z .o a o a, vl Y C C O O 0) .0 m m '0 N p Y IO w V 0 0o p p I E N a, 4:2 V LE V a" -c Ol in w +t.+ N L.. 2 Y o t o w Y o W o C Z a, N V i p N D O V 0 N a, '-1 (0 '-I E z o 5 N o- N l a, as --1 --1 2' z N N '1 G o a, 4-- N Z a, 5 .0 O m V p a, 3 N "I it 3 o p 3 o 0 al a D 71, 23N- 112W -27: S2. S2NE All Depths 23N- 112W -28: NW, E2SW, SE All Depths GROSS ACRES 0 O O co N 400.00 400.00 LEASE EFFECTIVE DATE ti tri al .--I N W r Sb6I /I /TI Sb6I /T /1I LESSOR N N n .--1 n n SLLILO MAM VSfl USA WWY- 071776 LEASE NO. o O O m O O 0 000 EPOOSOO 000- 1*00500 w U z w z O U z Q .0 w J 0 Q N O O H y J 47 m C w R Z 0 to Z J 0 0 1- w co 000435 cu CL RECORD TITLE EOG ORRI (APO) EOG ORRI (BPO) OPERATING RIGHTS (APO) 0 0 0 0 0 0 0 0 r-i OPERATING RIGHTS (BPO) 0 0 0 0 0 0 0 0 LEGAL DESCRIPTION WITH DEPTHS 'LLr IILW-1i: J From the surface of the earth to the stratigraphic equivalent of the subsurface depth of 11,000 feet as found in the Opal Unit No. 2 well located in the SE of 'Section 20, Township 22 North, Range 112 West, 6th 'P.M., Lincoln County, Wyoming, but in no event below the base of the Frontier Formation GROSS ACRES 0 0 0 v LEASE EFFECTIVE DATE m al m 0 LESSOR LEASE NO. 0 0 0 Lil o 0 0 0 0 0 LIJ LLI 0 H 0 W 2 U a 000436 0 a) a Leases and Leased Lands EXHIBIT A-1 EOG ORRI (APO) COW HOLLOW 1 Z9LISTO0'0 1 Z9LISTO0'0 1 Z9L1ST00'0 1 Z9LISTO0'0 1 0.00019737 1 Z9LISTO0'0 1 0.00010762 1 Z9LISTO0'0 1 Z9LISTO0'0 1 Z9LTST00•0 1 Z9LISTO0'0 1 0.00075883 1 Z9LISTO0'0 1 Z9LISTO0'0 1 Z9LTSTO0'0 1 0.00151762 1 Z9LISTO0'0 1 Z9LISTO0'0 1 Z9LISTO0'0 1 Z9LISTO0'0 1 Z9LTST00 "0 0.00151762 1 1 Z9LISTO0'0 1 0.00151762 l 1 Z9LTST00•0 1 Z9LISTOO *0 1 Z9LISTO0'0 0.00151762 1 1 Z9LISTO0'0 0.000197371 1 Z9LISTO0'0 1 Z9LISI00•0 1 Z9LISTOO *0 1 Z9LISTOCIO 1 LEL6T000'0 1 Z9LIST00•0 EOG ORRI (BPO) 98819510'0 Z9LIST00•0 Z9LIST000 1 0.00151762 1 0.00019737 Z9LTST00•0 I Z9L0T000'0 Z9LTST00'0 Z9LISTO0'0 Z9LISTO0'0 Z9LTST00•0 1 0.00075883 Z9LISTO0'0 Z9LIST00•0 Z9LISTO0'0 Z9LTST00•0 Z9LTST00•0 Z9LTST00'0 Z9LISTO0'0 0.00151762 Z9LISTO0'0 1 Z9LISTO0'0 1 Z9LISTO0'0 1 Z9LISTO0'0 I Z9LISTOO *0 1 Z9LTST00'0 1 Z9LISTO0'0 0.00151762 I 1 Z9LISTO0'0 0.00019737 1 0.00151762 1 1 Z9LTSI00'0 1 Z9L1S100'0 0.00151762 1 0.00019737 1 1 Z9LIST00•0 EOG NRI (APO) 0.18224323 1 0.18224323 0.18224323 EZ£17ZZ8T'0 091£9900'0 0.18224323 0.04556100 1 0.18224323 0.18224323 0.18224323 0.18224323 1891?1160'0 1 0.18224323 0.18224323 EZ£bZZ8T'0 I 0.18224323 0.18224323 EZEVZZ8T'0 £ZE•ZZ8T'0 0.18224323 0.18224323 0.18224323 I 0.18224323 0.18224323 0.18224323 0.18224323 0.18224323 1 0.18224323 1 0.18224323 1 0.00663160 0.18224323 0.18224323 0.18224323 1 £ZEVZZ8r0 0.00663157 1 0.18224323 1 EOG GWI (APO) 0.21694190 06Tb69TZ'0 061176912'0 1 0.21694190 ELb68L00•0 061176912'0 1 0.05423548 0611769TZ'0 I 1 0.21694190 06Tb69TZ'0 061b691Z'O 00TL1780T'0 j 1 0.21694190 0.21694190 06Ib69TZ'0 J 106Ib69IZ'0 06Tb69TZ'0 06Tb69TZ•0 1 0.21694190 0.21694190 0.21694190 0.21694190 1 06117691Z'0 10611769't 0 1 06I1769TZ'0 0.21694190 1 1 0611769TZ'0 0.21694190 1 1 06Tb69TZ0 0.00789474 1 1 061176912'0 1 061176912 "0 1 061176912'0 0.21694190 1 0.00789473 1 0.21694190 1 EOG NRI (BPO) 0.000 1 0.18224323 00000000'0 1 0.18224323 1 0.00663160 I 1 0.18224323 1 o.00000000 1 0.18224323 1 0.18224323 0.00000000 0.18224323 1 891ZTT60•0 1 1 0.18224323 0.18224323 0.18224323 0.18224323 0.18224323 0.20138102 0.20138102 0.18224323 0.18224323 0.18224323 0.18224323 0.18224323 0.182243231 1 EZEiZZ8I'0 0.18224323 1 0.18224323 1 0.18224323 1 1 0.00663160 1 0.18224323 1 0.18224323 1 0.00000000 0.18224323 1 09665800'0 0.18224323 1 EOG GWI (BPO) 1 o.0 0000000 061b69'Z'0 0.00000000 1 0.21694190 0.00789473 1 0.21694190 1 0.00000000 0611769TZ 0 1 0.21694190 1 00000000'0 0.21694190 1 OOTLb80T'0 0611769120 1 1 0.21694190 I 06Ib69IZ'0 0.21694190 1 0.21694190 1 1 0.23982801 0.23982801 0.21694190 061b69TZ'0 06Tb69TZ•0 0.21694190 0.21694190 0.21694190 0.21694190 0.21694190 06Tb69TZ'0 06Tb69TZ'0 0.00789474 L06I1769TZ'0 0.21694190 1 1 00000000'0 LO6'117691Z'O 1 86ELZOT0'0 0.21694190 1 Legal Description 122N- 112W -10 -NWSE 122N- 112W -14 -NENW 123N- 112W -33 -NENE MS3S 9E NZZ 22N- 112W -8 -NESW 23N- 112W -34 -SENW 122N- 112W -24 -SESE 22N- 112W -35 -NENE 122N- 112W -27 -NWNW 122N- 112W -25 -NENW 122N- 112W -36 -NWNE 122N- 112W -24 -NWSW 122N- 112W -27 -NWSE 123N- 112W -25 -NENE [3N- 112W -36 -NENE 123N- 112W -35 -SENW 123N- 112W -25 -SWSW 3NMN 22N- 112W -11 -NESW 22N- 112W -22 -NWSE 123N- 112W- 28 -SESW 123N- 112W -25 -SWNW I23N-112W -26 -NWSE 123N- 112W -26 -SWNW 22N- 112W -2 -SWNE 22N- 112W -2 -SWSE 123N- 112W -27 -NWSE 123N- 112W -28 -SENW 23N- 112W -28 -NESE 22N- 112W -8 -SWNW I23N- 112W -36 -SENW 22N- 112W -10 -SENE 22N- 112W -14 -NENE 123N- 112W -34 -NENE 22N7112W- 8 -NESE 1 23N- 112W -35 -NENE 1 Payout Od8 OdN Od8 OdN OdN OdN 0d9 OdN OdN 0d8 OdN OdN OdN OdN OdN OdN OdN 0d9 Od8 OdN OdN OdN OdN OdN OdN OdN OdN OdN OdN OdN OdN OdN Od8 Od N 1 Od8 1 OdN aweN IIaM 'COW HOLLOW 1 'COW HOLLOW 10 'COW HOLLOW 11 'COW HOLLOW 15 'COW HOLLOW 20 'COW HOLLOW 25 'COW HOLLOW 30 -24 'COW HOLLOW 35 'COW HOLLOW 36 'COW HOLLOW 37 'COW HOLLOW 38 'COW HOLLOW 40 -24 'COW HOLLOW 42 'COW HOLLOW 44 'COW HOLLOW 45 'COW HOLLOW 46 'COW HOLLOW 53 1COW HOLLOW 54 1COW HOLLOW 55 1 1 1COW HOLLOW 57 -22 1COW HOLLOW 58 COW HOLLOW 60 1COW HOLLOW 61 1COW HOLLOW 65 1COW HOLLOW 68 I 1COW HOLLOW 69 I 1COW HOLLOW 70 I 1COW HOLLOW 71 1 1COW HOLLOW 72 I COW HOLLOW 74 1 COW HOLLOW 76 I 1COW HOLLOW 79 I COW HOLLOW 81 1 1 COW HOLLOW 83 1 COW HOLLOW 85 1 1 ICOW HOLLOW 86 1 IdV 4902320621 1 4902320722 I 4902320743 1 4902320799 4902320831 I 4902320889 4902321942 1 4902320971 4902320975 1 4902320957 4902320983 4902321740 4902320976 1 4902320974 I 1 4902320982 4902320991 4902321035 I 4902321046 4902321090 I 1 4902321050 4902321083 4902321123 4902321122 1 4902321155 1 4902321205 4902321207 1 1 4902321485 1 1 4902321499 1 4902321418 4902321400 1 1 4902321235 1 4902321231 1 4902321248 1 4902321414 1 4902321397 1 4902321413 To cn u. Ca co To 000437 c) 0 EXHIBIT A-2-1 LU Ili 13 0 as CO ru 6) 8 c) 0 0 N 0) CL co E w O 0 0 V J OC O O d w 0 W OG Z O W O Q W W c 0. v 0 0 m 01 J w 0 0 a 4k a Q 00 0 0 m o O 0 0 Z 000439 CY cu 0. co ILI tn u. IJJ clt 000440 0 a) w d Contract No. Description of Contract MK000631 (G150) Gas Gathering, Processing, Dehydrating and Treating Agreement dated January 1, 2008, by and between Williams Field Services Company, LLC and EOG Resources, Inc. MGR49001 (6747) Gas Purchase Agreement dated August 9, 1995, by and between Enron Oil Gas Company and Mountain Gas Resources, Inc., as amended by Amendment to the Gas Purchase Agreement dated May 18, 2005; Amendment to the Gas Purchase Agreement dated September 1, 2005; Amendment to the Gas Purchase Agreement dated November 28, 2005; Amendment to the Gas Purchase Agreement dated December 5, 2005 and Amendment to the Gas Purchase Agreement dated January 17, 2007. MK000579 Crude Oil and Condensate Purchase Agreement dated July 21, 2007, by and between TEPPCO Crude Oil, LLC and EOG Resources, Inc., as amended by Amendment No. 41 dated January 13, 2011. EXHIBIT B -1 Hydrocarbon Sales, Purchase, Gathering, Compression, Treating, Transportation, Storage and Processing Agreements Included in the Assets ATTACHED TO ASSIGNMENT, BILL OF SALE AND CONVEYANCE Lincoln County, Wyoming 000441 D -1— WY CHU Page 1 of 1 HOUSTON CONTRACT NO. DENVER CONTRACT NO. NAME OF CONTRACT COW HOLLOW K0031744 Cow Hollow Unit Agreement and Unit Operating Agreement WY049P56- 85U865 (WYW109472X) dated effective 1/21/1985 by Amoco Production Company, Operator K0031748 Farmout Agreement dated 12/29/1984, as amended, by and between Belco Development Corporation, Farmor and Amoco Production Company, Farmee K0033121 Communitization Agreement WYW- 156608 dated effective 12/1/2000 K0033200 BP -EOG MOXA Arch Farmout Agreement dated effective 7/31/2003, as amended and as extended, by and between BP America Production Company and EOG Resources, Inc. K0033205 Operating Agreement dated 1/21/2004, as amended, by and between EOG Resources, Inc. for Drilling, Evaluation, Completion and Plugging and Abandonment and BP America Production Company for Post completion Operations, as Operators and Chevron USA Inc at al Nnn- nnaratnrc K0033273 Marketing /Nomination Letter Agreement dated 3/16/2004 by and between EOG K0033276 Operating Agreement dated 2/1/2004, as amended, by and between Westport Oil and Gas Company. LP. Operator and EOG Resources, Inc.. et al. Non operators K0033278 Operating Agreement dated 1/21/2004, as amended, by and between EOG Resources, Inc. for Drilling, Evaluation, Completion and Plugging and Abandonment and BP America Production Company for Post completion Operations, as Operators and Chevron USA Inc et al Nnn- nnaratnrc K0033326 Operating Agreement dated 1/1/2005, as amended, by and between Westport Oil and Gas Company, LP, Operator and EOG Resources, Inc., et al, Non operators K0033327 Operating Agreement dated 1/1/2005, as amended, by and between Westport Oil and Gas Company, LP, Operator and EOG Resources, Inc., et al, Non operators K0033329 Operating Agreement dated 6/1/2005, as amended, by and between Westport Oil and Gas Company, LP, Operator and EOG Resources, Inc., et al, Non operators K0033330 Communitization Agreement WYW- 168727 dated effective 8/1/2004 executed by Westport Oil and Gas Company, LP, et al K0033333 Wellbore Farmout Contract dated 9/14/2005 effective 1/1/2005 as amended, by and between Anadarko E &P Company, LP, Farmor and EOG Resources, Inc. Farmee EXH Material Agreements ATTACHED TO ASSIGNMENT, BILLOF SALE AND CONVEYANCE Lincoln County, Wyoming 000442 Page 1 of 3 HOUSTON CONTRACT NO. DENVER CONTRACT NO. NAME OF CONTRACT COW HOLLOW K0033354 Communitization Agreement WYW- 168805 dated effective 3/1/2005 executed by Westport Oil and Gas Company, LP, et al K0033356 Communitization Agreement WYW- 168805 dated effective 9/1/2005 executed by Westport Oil and Gas Company, LP, et al K0033357 Communitization Agreement dated effective 3/1/2005 executed by Westport Oil and Gas Company, LP, et al K0033358 Operating Agreement dated 5/18/2006, as amended, by and between EOG Resources, Inc. for Drilling, Evaluation, Completion and Plugging and Abandonment and BP America K0033359 Operating Agreement dated 6/6/2006, as amended, by and between EOG Resources, Inc., Operator and Chevron USA Inc., et al, Non operators K0033364 Operating Agreement dated 8/1/2006, as amended, by and between Kerr -McGee Oil Gas Onshore, LP, Operator and EOG Resources Inc., et al, Non operators K0033365 Operating Agreement dated 9/1/2006, as amended, by and between Kerr -McGee Oil Gas Onshore, LP, Operator and EOG Resources Inc., et al, Non operators K0033370 Communitization Agreement WYW- 174664 dated effective 11/1/2005 executed by EOG, et al K0033371 Communitization Agreement WYW- 169303 dated effective 11/18/2005 executed by EOG Resources, Inc., et al K0033374 Operating Agreement dated 11/21/2006, as amended, by and between EOG Resources, Inc., as Operator and Chevron USA Inc., et al, Non operators K0033376 Operating Agreement dated 12/7/2006, as amended, by and between EOG Resources, Inc., as Operator and Chevron USA Inc., et al, Non operators K0033389 Communitization Agreement WYW175241 dated effective 9/9/2005 executed by EOG Resources, Inc., Operator, et al K0033391 Communitization Agreement WYW175824 dated effective 9/1/2006 executed by EOG Resources, Inc., et al K0033400 Communitization Agreement WYW 178428, effective 7/1/2007 executed by EOG Resources, Inc., Operator, et al K0033403 Operating Agreement dated 9/5/2007, as amended, by and between EOG Resources, Inc., as Operator and Chevron USA Inc., et al, Non- operators K0033406 Communitization Agreement WYW- 175557 effective 12/1/2006. By and between BP America Production Company, Operator and EOG Resources, Inc., et al, Non operators K0033408 Communitization Agreement WYW- 175556, as amended, effective 12/1/2006. By and between BP America Production Company, Operator and EOG Resources, Inc., et al, Non operators K0033409 Operating Agreement dated 10/4/2007, as amended, by and between EOG Resources, Inc., as Operator and Chevron USA Inc., et al, Non operators EXHIBIT B -2 Material Agreements ATTACHED TO ASSIGNMENT, BILLOF SALE AND CONVEYANCE Lincoln County, Wyoming U00443 Page 2 of 3 HODS rQN CONTRACT NO. DENVER CONTRACT NO. NAME OF CONTRACT COW HOLLOW K0033545 Communitization Agreement WYW- 168984 dated effective 1/18/2005 executed by EOG Resources, Inc., Operator, et al K0033871 Operating Agreement dated 1/1/2009, as amended, by and between Cabot Oil Gas Corporation, Operator and EOG Resources, Inc., et al, Non operators K0034741 Operating Agreement dated 7/1/1998, as amended, by and between Enron Oil Gas Company, Operator and Amoco Production Company, et al, Non operators K0034821 Communitization Agreement WYW- 148332 dated effective 1/1/1999 executed by EOG Resources, Inc., Operator, et al K0035141 Operating Agreement dated 12/1/2002, as amended, by and between Cabot Oil Gas Corporation, Operator and EOG Resources, Inc., et al, Non operators K0035162 Operating Agreement dated 1/16/2003, as amended, by and between EOG Resources, Inc., Operator and BP America Production Company, et al, Non operators K0035178 Operating Agreement dated 5/23/2003, as amended, by and between EOG Resources, Inc., Operator and BP America Production Company, et al, Non operators K0035240 Operating Agreement dated 2/1/2004, as amended, by and between Westport Oil Gas Company, LP, Operator and EOG Resources, Inc., et al, Non operators K0035241 Operating Agreement dated 2/1/2004, as amended, by and between Westport Oil And Gas Company, LP, Operator and EOG Resources, Inc., et al, Non operators K0035276 Communitization Agreement WYW- 159296 dated effective 4/1/2004 executed by EOG Resources, Inc., et al K0035357 Communitization Agreement WYW 159324 dated effective 4/21/2003 executed by Cabot Oil Gas Corporation, et al K0035401 Communitization Agreement WYW- 161566 dated effective 4/1/2004 executed by EOG Resources, Inc., et al K0035692 Communitization Agreement WYW- 169158 dated effective 4/1/2006 executed by Cabot Oil Gas Corporation, et al K0300202 Agreement for Settlement of Claims dated effective 12/10/2002 by and between Larry Madsen, as Special Trustee of the H.M. Klaenhammer Revocable Trust dated May 9, 1996, K0300203 Agreement Regarding Royalty, Reporting and Calculations dated effective as of the first day of the first full production month after the calendar month in which the State of Wyoming has obtained all regulatory approvals by and between EOG Resources, Inc. and Pending Communitization Agreement effective 10/1/2006 for the Cow Hollow Unit 266 -10 well, executed by Kerr McGee Oil Gas Onshore LP, et al Pending Communitization Agreement effective 12/1/2006 for the Cow Hollow Unit 274 -26 well, executed by Kerr McGee Oil Gas Onshore LP, et al EXHIBIT B -2 Material Agreements ATTACHED TO ASSIGNMENT, BILLOF SALE AND CONVEYANCE Lincoln County, Wyoming 000444 Page 3 of 3