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Home My WebLink About894918UCC FINANCING STATEMENTAMENDMENT FOLLOW INSTRUCTIONS (fronl and back) CAREFULLY A. NAME & PHONE OF CONTACT AT FILER [oplional] Miche]le Coiling (307) 234-5300 i3. SEND ACKNOWLEDGMENT TO: (Name and Address) ~American National Bank 166 South Center Casper, WY 82601 / RECEIVED LINCOLN COUNTY CLERK 03 0,.T 3 0 AH I0: q m VAa :o 3 7 - THE ABOVE SPACE'IS FOR FILING OFFICE USE ONLY la INITIAL FINANCING STATEMENT FILE # lb. Thi's FINANCING STATEMENT AMENDMENT is ' r77J to be filed [for recordJ (o[ recorded) in the U110912 i Iv' I REAL ESTATE RECORDS· ' 2~. JTERMINATION: Effectiveness o! Ihe Financing Statement identified above is terminated wilh respect to security interest(s) of the Secured Party authorizing Ibis Termination Slatement. 3. [~CONTINUATION: Effectiveness of the Financing Statemenl identified above wilh respect Io securily inleresl(s) of the Secured Party authorizing Ihis Continualion Statement is ~continued tot the additional period provided by applicable law. 4. [~ASSIGNMENT (full or padial): Give name of assignee in ilem 7a or 7b and address el assignee in item 7c; and also give name et assignor In item g. 5. AMENDMENT (PARTY INFORMATION): This Amendment affecls ~--~Oeblor or r"-~ secured Party of record. Check only one of those Iwo boxes. Also check one of the following three boxes and provide appropriate informalion in ilems 6 and/or r--']CHANGE name and/or address: Give current record name in item 6a or 6b; also give new [--I DELETE name: Give record name g_J~ame lif name chan~eI in item 7a or 7b end/or new address tif address chan,~e1 in item 7c. L~ to be deleted in item 6a or 6b. 6. CURRENT RECORD INFORMATION: I 6a. ORGANIZATION'S NAME OR 6b. INDIVIDUAL'S LAST NAME FIRST NAME MIDDLE NAME [ADD name: Complele item 7a or lb, and also item 7c} also complete items 7d-7~ {il applicableI. SUFFIX 7. CHANGED (NEW) OR ADDED INFORMATION: 7a. ORGANIZATION'S NAME OR lb. INDIVIDUAL'S LAST NAME FIRST NAME 'MIDDLE NAME SUFFIX lc. MAILING ADDRESS CITY I STATE POSTAL CODE COUNTRY 7d TAX ID #: SSN OR EIN ADD'L INFO RE 17e' TYPE OF ORGANIZATION 7[ JURISDICTION OF ORGANIZATION !lC. ORGANIZATIONAL ID #, it any ORGANiZATiON DEBTOR J ~NONE 8, AMENDMENT (COLLATERAL CHANGE): check only one box. Describe collalera, [~]deleted orE]added. or gl .... flreDresta[ed coila[araldascripfi ..... describe collateral Basslgned. Increase the Line of Credit to a maximum amount of Ten Million Dollars ($10,000,000.00) at a variable interest rate of Wall Street Journal Prime as described in a Promissory Note of even date, said increase to be covered in the collateral on the existing Mortgage, Security Agreement, Financing Statement, and Assignment. 9. NAME OF SECURED PARTY OF RECORD AUTHORIZING THIS AMENDMENT (name o[ assignor, if this Is an Assignment). II this is an Amendment authorized by a Debtor which adds collateral or adds the authorizing Deblor, or if this is a Termination aulhorized by a Debtor, check here E] and enter name of DEBTOR authorizing this Amendment. J ga. ORGANIZATION'S NAME FIRST NAME I SUFFIX Double Eagle Petroleum Co. OR gb. INDIVIDUAL'S LAST NAME MIDDLE NAME 10. OPTIONAL FILER REFERENCE DATA Lincoln County, Wyoming FILING OFFICE COPY-- NATIONAL UCC FINANCING STATEMENT AMENDIVlENT (FORM UCC3) (REV. 07/29!98) FIFTH ADDENDUM to MORTGAGE, SECURITY AGREEMENT and ASSIGNMENT 538 WHEREAS, on the 30th day of March, 1999, DouBLE EAGLE PETROLEUM CO., formerly known as Double Eagle Petroleum and Mining Company, a Maryland Corporation (hereinafter referred to as "Borrower"), entered into a Mortgage, Security Agreement and Assigmnent (hereinafter referred to as "Mortgage"), with AMERICAN ENERGy FINANCE, the predecessor in interest to AMERI CAN NATIONAL BANK (hereinafter coll&ctively referred to as "Bank"), which was recorded with the County Clerks where the original lands were located; and WHEREAS, the Mortgage secured a Five Hundred Thousand Dollar ($500,000.00) Line of Credit; and WHEREAS, the Borrower and Bank in a First Addendum to Mortgage, Security Agreement and Assignment date January 4, 2000 expanded the Line of Credit with a new Promissory Note from American National Bank having a maximum amount of Three Million Dollars ($3,000,000.00) or Borrowing Base as established in the Loan Commitment Agreement dated December 2, 1999, whichever is the lessor amount; and WHEREAS, the Borrower and Bank in a Second Addendum to Mortgage, Security Agreement and Assignment dated August 15,2001 established the amount of the Line of Credit at Three Million Dollars ($3,000,000.00) and included additional lands in Fremont, Sublette and Carbon Counties, Wyoming as security for the Line of Credit and assign the secured interest from American Energy Finance to American National Bank; and WHEREAS, the Borrower and Bank in a Third Addendum to Mortgage, Security Agreement and Assigmnent dated October 10, 2002 increased the amount of the Line of Credit to a maximum amount of Four Million Two Hundred Fifty Thousand Dollars ($4,250,000.00); and WHEREAS, the Borrower and Bank in a Fourth Addendum to Mortgage, Security Agreement and Assignment dated January 27, 2003 increased the amount of the Line of Credit to a maximum amount of Five Million Two Hundred Fifty Thousand Dollars ($5,250,000.00); and WHEREAS, the Borrower and Bank desire to increase the amount of the Line of Credit to a maximum amount of Ten Million Dollars ($10,000,000.00). NOW, THEREFORE, in consideration of the increase of Borrower's Line of Credit, the Borrower and Bank agree as follows: 1. The amount of the Line of Credit in the Mortgage available to Borrower from Bank through a Promissory Note of even date herewith at a Wall Street Journal Prime interest rate shall be amended and increased to a maximum amount ofTen Million Dollars ($10,000,000.00) and said increased amount of the Line of Credit shall be secured by the interests granted in the Mortgage and Addendums covering the lands described on Exhibit "A". 2. The remainder of the terms and conditions in the original Mortgage shall remain in full force and effect. This Addendum effective as of the 17th day of July, 2003. By'. DOUBLE EAGLE PETROLEUM CO.~ formerly known as Double Eagle Petroleum and Mining Company STEPHE~ H. I~OLLIS, Chief Executive DALLEN JU~S, Pr s~ent 539 STATE OF WYOMING ) )SS COUNTY OFNATRONA ) ..' The foregoing instrument was acknowledged'before me this 1~'P' day of C/~j'ff~r'', 2003, by DOUBLE EAGLE PETROLEUM CO., formerly known as Double Eagle Petroleum and Mining Company, by and through its Chief Executive Officer, STEPIt-EN H. HOLLIS, referred to as the "Borrower" herein, as its free act and deed. My Commission expires: STATE OF WYOMING COUNTY OF NATRONA ) )SS ) The foregoing instrument was acknowledged before me this "~'H" day of ('~l.~tgL~ r' ,2003, by AMERICAN NATIONAL BANK, a Wyoming banking corporation, by and through Dallen Juelfs, its President, referred to as the "Bank" herein. Notary Public My Commission expires: COUNTY OF FREMONT Commission ~ires ~,Uq. ~. 2006 -2- LONG BUTTE UNIT WALTMAN 21-19' FRENCHIE DRAW EXHIBIT A MORTGAGE, SECURITY AGREEMENT~ AND ASSIGNMENT 540 Township 38 North, Range 91 West, 6th P.M. Section 2: All Section 3: All Section 4: All Section 5: All Section 6: All Section 7: Lots 1, 2, 5, 6, NE4, E2NW4, NE4SE4 Section 8: N2, N2S2 Section 9: N2NW4, SW4NW4, NW4SW4 Section 10: NE4NW4, N2NE4, SE4NE4 Section 11: N2, NE4SW4, N2SE4, SE4SE4 Township 38 North, Range 92 West, 6th P.M. Section 1: Township 39 North, Lots 1-11, SW4NE4, SE4NW4, NW4SE4 Range 91 West, 6th P.M Section 28: All Section 29: All Section 30: Lots 3-8, E2, E2SW4, SE4NW4 Section 31 All Section 32: All Section 33: All Township 39 North, Range 92 West, 6t~ P.M. Section 25: S2SE4, NE4SE4, SE4SW4 Section 35: E2SE4, SE4NE4 Section 36: All Fremont County, Wyoming Township 36 North, Range 87 West, 6th P.M. Section 24: SE4SE4 Section 25: NE4NE4 And any rights accruing from the drill-site spaced unit for the Waltman 21-19 Well. Natrona County, Wyoming · Graham Unit #2 Township 37 North, Range 89 West, 6th P.M. Section 3: Lots 1-4, S½N½ Natrona County, Wyoming -3- GOVERNMENT BRIDGE WOLF DRAW UNIT JAMES CREEK Township 31 North, Range 82 West, 6th P.M. Section 19, 20, 21, 26 Township 31 North, Range 83 West, 6th P.M. Section 24 Natrona County, Wyoming Township 52 North4:: Range 68 West, 6th P.M.' Section 18: Lots 3, 4, E½SWV4, SE¼ Section 19: Lot 1 Township 52 North, Range 69 West, 6th P.M. Section 13' Lot 16 Section 24: Lot 1 Crook county, Wyoming 541 ROCK ISLAND UNIT Credo Federal # 1-6 Township 14 North, Range 103 West, 6th P.M. Section 6: NE¼ Britz Township 15 North, Section 31: Federal # 1 Range 103 West, 6th P.M. SE¼ Sweemfater County, Wyoming BARREL SPRINGS #4-H Township 19 North, Range 97 West, 6'h P.M. Section 4 Sweetwater County, Wyoming MARIANNE FIELD #1-36 Township 16 North, Range 94West, 6th P.M. Section 36 Sweetwater County, Wyoming Anderson 12-1 Township 20 North, iRange 103 West, 6'h P.M. Section 12: SE¼ Madex 13-1 Township 20 North, Range 103 West, 6th P.M. Section 13: SW¼ -4- Madex 18-1 Township 20 North, Range 102 West, 6'h P.M. Section 18:SW¼ 542 WHISKEY BUTTES UNIT WINDMILL (MUDDY) Madex 24-2 Township 20 North, Range 103 West, 6th P.M. Section. 24:NWl/4 Steve Federal 14-1 Township 20 North, Range 103 West, 6'h P.M. Section 14:SE¼ Sweetwater County, Wyoming Township 21 North, Range 111 West, 6th P.M. Section 6:S½SW¼ Township 21 North, Range 112 West, 6th P.M. Section 18: E½SW¼, SE¼NE¼ Lincoln County, Wyoming MADDEN UNIT MESA UNIT Rayboum/ti 1-5 Township 50 North, Range 69 West, 6th P.M. Section 5' NW¼NW¼ Campbell County, Wyoming Township 39 North, Range 90 West, 6'h P.M. Section 23: SE¼NE¼, E½SW¼, SE¼ Section 24: SW¼NW¼, NW¼SW¼ Section 26: NW¼NE¼, E½NW¼ Fremont County, Wyoming Township 32 North, Range 109 West, 6'h P.M. Section 5: Section 6: Section 7: Section 8: Section 9: Section 16: Section 17 SW¼SW¼ S½SE¼, SE¼SW¼ NE¼, E½NW¼, N½SE¼ W½NW¼, NW¼SW¼ S½SW¼, SW¼SE¼ W½, NE¼, N½SE¼, SW¼SE¼ SE¼NE¼, NE¼SE¼ Sublette Connty, Wyoming COW CREEK UNIT Township 16 North, Range 91 West, 6th P.M. Section 6: Lot 27, SE¼SW¼ Section 7: Lot 5, 6, 7, 8, E½NW¼, NE¼SW¼ Section 18: Lot 5 o o .¸ 5. o Township 16 North, Range 92 west, 6th P.M. Section 1:SE¼SE¼ Section 11: Section 12: Section 13: Section 14: E SE¼ S½, NE¼, E½NW¼, SW¼NW¼ N½, N¼SW¼, SE¼SW¼, NW¼SE~A NE¼NE¼ ' Carbon County, Wyoming The interest in the Long Butte Unit described on Page 4 °fthis Exhibit A shall include any and all rights accruing pursuant to ownership in the Long Butte Unit.' The interest in the Rock Island Unit described on Page 5 of this Exhibit A shall include any and all rights accruing pm'suant to ownership in the Rock Island Unit. The interest in the Wolf Draw Unit described on Page 5 of this Exhibit A shall include any and all rights accruing pursuant to ownership in the Wolf Draw Unit. The interest in the Whiskey Butte Unit described on Page 6 of this Exhibit A shall include any and all rights accruing pursuant to ownership in the Whiskey Butte Unit. The interest in the Madden Unit described on Page 6 of this Exhibit A shall include any and all rights accruing pursuant to ownership in the Madden Unit. The interest in the Mesa Unit described on Page 6 of this Exhibit A shall include any and all rights accruing pursuant to ownership in the Mesa Unit. The interest in the Cow Creek Unit described On Page 6 and 7 of this Exhibit A shall include any and all rights accruing Pursuant to ownership in the Cow Creek Unit. The interests included in the wellS and fields described on this Exhibit A in the Waltman 21- 19, James Creek and Marianne leases shall include any and all rights accruing pursuant to ownership in these leases. This Exhibit A has been provided by Double Eagle Petroleum Co., formerly known as Double Eagle Petroleum and Mining Company with the intent of providing collateral for the attached mortgage. American National Bank has relied on the accuracy and completeness of the legal descriptions provided above. If the entire interest owned by Double Eagle Petroleum Co., formerly known as Double Eagle Petroleum and Mining Company in any of the wells, fields and units inCluded in this Exhibit A is found to be in error, it is the intent of the parties hereto to include all interests owned by Double Eagle Petroleum CO., formerly known as Double Eagle Petroleum and Mining Company as a part of the collateral. -6-