ASSIGNMENT AND BILL OF SALE
 
COMMONWEALTH OF KENTUCKY
§
 
§
COUNTY OF FAYETTE
§

 
THIS ASSIGNMENT AND BILL OF SALE (“Assignment”) dated the 29th day of September,
2009, but effective as of the 1st day of July, 2009, at 12:01 A.M. EST
(“Effective Time”), is from CLASSIC OIL & GAS RESOURCES, INC., a Kentucky
corporation, with its principal office located at 416 W. Brannon Road,
Nicholasville, KY 40356 ("Assignor") to VELOCITY ENERGY PARTNERS LP, a Delaware
limited partnership, with its principal office located at 523 N. Sam Houston
Parkway East, Suite 175, Houston, TX  77060 (hereinafter referred to as
“Assignee”).
 
IN CONSIDERATION OF the sum of one hundred dollars and other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged,
Assignor hereby GRANTS, CONVEYS, SELLS and ASSIGNS to Assignee all of its right,
title and interest, except as expressly excluded herein, in and to the following
assets (individually or collectively, "Classic Assets"):
 

 
 
A.       (1)     50% WORKING INTERESTS: Fifty Percent (50%) of Classic’s working
interests in the active, open, shut-in, or temporarily abandoned (but not
plugged and abandoned) proved, developed, producing (“PDP”) oil or gas wells and
proved, developed, non-producing and behind pipe wells (“PDNP & BP”), which
Fifty Percent (50%) interests are set forth and identified on the schedules
attached hereto as Exhibits A-1 and A-2, respectively, and made a part hereof,
except for wells in which Summit Highwall Mining Services, Inc. (“Summit”) has
contracted with Classic to purchase certain additional interests proportionate
to its respective working interest percentages, which wells are identified on
the schedule attached hereto as Exhibit A-3 and made a part hereof (“Summit
Wells”) in which Velocity will acquire 50% of Classic’s working interest
remaining after any such acquisition by Summit (individually or collectively,
such working interests identified on Exhibits A-1, A-2, and A-3 constitute the
“50% Working Interests”); and

 

 
 
           (2)     100% WORKING INTERESTS:  One Hundred Percent (100%) of
Classic’s working interests in the active, open, shut-in, or temporarily
abandoned (but not plugged and abandoned) proved, developed, producing (“PDP”)
oil or gas wells and proved, developed, non-producing and behind pipe wells
(“PDNP & BP”) identified on the schedules attached hereto as Exhibit A-4 and
A-5, (individually or collectively, such working interests constitute the “100%
Working Interests” and the 100% Working Interests and the 50% Working Interests,
individually or collectively, constitute the “Acquired Working Interests”);

 
 

--------------------------------------------------------------------------------

 
 
 
B.       OTHER CONTRACTUAL OR PROPERTY RIGHTS AND OBLIGATONS:   In granting to
Velocity the Acquired Working Interests, the parties understand that there shall
also be conveyed to Velocity at Closing, and Velocity shall assume, such
contractual and property rights and obligations  as are derivative from
post-Effective Date ownership of the Acquired Working Interests, to the extent
Classic would have received or assumed such contractual and property rights and
obligations had it retained, and not conveyed, such Acquired Working Interests
(exclusive of, but not limited to (i) any contractual or property rights and
obligations as operator of the Wells relating to the 50% Working Interests, to
the extent such may be deemed derivative from such 50% Working Interests (under
which Classic shall continue as the sole operator), (ii) contractual or property
rights and obligations as operator of the Wells relating to the 100% Working
Interests, to the extent such may also be deemed derivative from such 100%
Working Interests (under which Classic shall not continue as the operator but
cannot convey the such contractual or property rights and obligations); (iii)
any other contractual or property rights and obligations derived from being the
operator of any Wells relating to the Acquired Working Interests, to the extent
such may also be deemed derivative from such Acquired Working Interests and (iv)
any contractual or property rights and obligations to the extent such was earned
by, accrued to the benefit of or was transferred to Classic prior to the
Effective Date), as well as such contractual or property rights and obligations
more fully described in Paragraph 7 of the LOI described in Paragraph 5 below
(individually or collectively, the “Other Contractual or Property Rights and
Obligations”); and

 
 
C.       DOCUMENTATION AND DATA:  All originals (with respect to 100% Working
Interests) or copies (with respect to 50% Working Interests) of its contracts,
licenses, permits, seismic and other technical data, maps, logs, well files,
books and records, and other information and materials relating to such Acquired
Working Interests (collectively, the “Documentation and Data”).

 
 
Individually or collectively, the 50% Working Interests, the 100% Working
Interests, the Other Contractual or Property Rights and Obligations and the
Documentation and Data constitute the “Classic Assets”, all of which shall
conveyed at the Closing (the "Transaction") free and clear of all liens and
encumbrances, except for usual and customary liens and encumbrances deemed to be
Permitted Encumbrances, and any preferential rights of purchase by third
parties.  Except as may be otherwise expressly provided for in this letter,
Classic retains all rights to any other assets or property of Classic,
including, but not limited to, interests in other wells, other leasehold
interests, royalty interests, easements, wellhead facilities and other oilfield
equipment, gathering and transportation facilities and equipment, vehicles and
other property whether real, personal or mixed.

 
2

--------------------------------------------------------------------------------

 
 
TO HAVE AND TO HOLD the Classic Assets, subject to the following terms and
conditions:
 
1.        Special Warranty Of Title.  Assignor warrants and shall defend title
to the Classic Assets conveyed to Assignee against every person whomsoever
lawfully claiming the Classic Assets or any part thereof by, through and under
Assignor, but not otherwise.
 
2.        Agreements.  This Assignment is made subject to and shall be burdened
by the terms, covenants and conditions contained in any contracts, agreements
and instruments affecting the Classic Assets; and at and after the Effective
Time, Assignee shall be bound by and shall perform all of the terms, covenants
and conditions contained therein.
 
3.        Compliance With Laws.  This Assignment is made subject to all
applicable laws, statutes, ordinances, permits, decrees, orders, judgments,
rules and regulations which are promulgated, issued or enacted by a governmental
entity having appropriate jurisdiction, and Assignee shall comply with the same
at and after the Effective Time.
 
4.        Successors and Assigns.  The terms, covenants and conditions contained
in this Assignment shall be binding upon and inure to the benefit of the Parties
hereto and their respective successors and assigns, and such terms, covenants
and conditions shall be covenants running with the land and with each subsequent
transfer or assignment of the Classic Assets, or any part thereof.
 
5.        Letter of Intent.  This Assignment is made in accordance with and is
subject to the terms, covenants and conditions contained in that certain
definitive, legally binding  Letter of Intent dated effective as of July 1,
2009, by and between Classic Oil & Gas Resources, Inc. and Velocity Energy
Partners LP, as Buyer (“LOI”), and the terms, covenants and conditions contained
in the LOI, including capitalized terms not expressly defined herein, are
incorporated herein by reference as though said terms, covenants and conditions
were fully set forth verbatim herein.  If there is a conflict between the
provisions of the LOI and this Assignment, the provisions of the LOI shall
control the rights and obligations of the Parties.
 
7.        Governing Law.   The laws of the State of West Virginia, excluding its
conflicts of law principles, shall govern this Assignment and Bill of Sale.
 
EXECUTED on the day and year first referenced above, but effective as of the
Effective Time.

 
3

--------------------------------------------------------------------------------

 
 
ASSIGNOR:
 
CLASSIC OIL & GAS RESOURCES, INC.
 
By:
/s/ William W. Kelly, Jr.
Name:
William W. Kelly, Jr.
Title:
President

 
ASSIGNEE:
 
VELOCITY ENERGY PARTNERS LP,
By Velocity Energy Limited LLC,
It’s General Partner
 
By:
/s/ D. E. Vandenberg
Name:
D. E. Vandenberg
Title:
President

 
 
4

--------------------------------------------------------------------------------

 
 
ACKNOWLEDGEMENTS
 
COMMONWEALTH OF KENTUCKY
§
 
§
COUNTY OF FAYETTE
§

 
The foregoing instrument was acknowledged before me this the 2nd day of October,
2009, by William W. Kelly, Jr., as President of Classic Oil & Gas Resources,
Inc., a Kentucky corporation, on behalf of said corporation.
 
My commission expires:
 
 
Signature
     
 
 
Name (Printed, Typed of Stamped)
     
Notary Public - Commonwealth of Kentuc

 
COMMONWEALTH OF KENTUCKY
§
 
§
COUNTY OF FAYETTE
§

 
The foregoing instrument was acknowledged before me this _____ day of September,
2009, by D. E. Vandenberg, as President of Velocity Energy Limited LLC, a Texas
limited liability company, as General Partner of Velocity Energy Partners LP, a
Delaware limited partnership on behalf of said entity.
 
My commission expires:
 
 
Signature
     
 
 
Name (Printed, Typed of Stamped)
     
Notary Public - Commonwealth of Kentucky

 
5

--------------------------------------------------------------------------------

 
 

   
   EXHIBIT A-1  PDP WELLS
         
 CLASSIC OIL & GAS
50%
         
   RESOURCES, INC.
WELLS
                       
   CLASSIC INTERESTS
BPO
BPO
APO
APO
WELL
PROSPECT
COUNTY
STATUS
WI
NRI
WI
NRI
               
 AUREDNICK #1 PDP
CLEAR FORK
WYOMING
1-PDP
2.500
2.450
2.500
2.450
 BOLEN#1 PDP
OCEANA EAST
WYOMING
1-PDP
1.039
1.119
1.039
1.119
 BROWNING #1 PDP
CLEAR FORK
WYOMING
1-PDP
2.500
2.470
2.500
2.470
 BRYANT #1 PDP
OCEANA
WYOMING
1-PDP
4.000
3.300
4.000
3.300
 CHAMBERS #1 PDP
CLEAR FORK
WYOMING
1-PDP
1.500
1.670
1.500
1.670
 COOK #1 PDP
OCEANA EAST
WYOMING
1-PDP
5.526
4.560
5.526
4.560
 COOK #2 PDP
OCEANA EAST
WYOMING
1-PDP
1.039
0.857
1.039
0.857

 

--------------------------------------------------------------------------------

 
 

   
   EXHIBIT A-1  PDP WELLS
         
 CLASSIC OIL & GAS
50%
         
   RESOURCES, INC.
WELLS
                       
   CLASSIC INTERESTS
BPO
BPO
APO
APO
WELL
PROSPECT
COUNTY
STATUS
WI
NRI
WI
NRI

 
COOKE, H. #1 PDP
OCEANA EAST
WYOMING
1-PDP
5.000
4.300
5.000
4.300
 CRAIG #1 PDP
CLEAR FORK
WYOMING
1-PDP
2.500
2.450
2.500
2.450
 DAVIS #1 PDP
CLEAR FORK
WYOMING
1-PDP
2.000
2.225
2.000
2.225
 FOX #1 PDP
OCEANA
WYOMING
1-PDP
5.000
4.850
5.000
4.850
 FOX #2 PDP
OCEANA
WYOMING
1-PDP
4.000
3.300
4.000
3.300
 HATFIELD #1 PDP
OCEANA
WYOMING
1-PDP
1.039
1.119
1.039
1.119
 HUGHES #1 PDP
CLEAR FORK
WYOMING
1-PDP
2.500
2.450
2.500
2.450
 JACKSON #1 PDP
OCEANA EAST
WYOMING
1-PDP
4.000
3.300
4.000
3.300
 JEWELL #1 PDP
OCEANA EAST
WYOMING
1-PDP
1.039
1.119
1.039
1.119

 

 

--------------------------------------------------------------------------------

 

   
   EXHIBIT A-1  PDP WELLS
         
 CLASSIC OIL & GAS
50%
         
   RESOURCES, INC.
WELLS
                       
   CLASSIC INTERESTS
BPO
BPO
APO
APO
WELL
PROSPECT
COUNTY
STATUS
WI
NRI
WI
NRI

 
LAMB #1 PDP
OCEANA EAST
WYOMING
1-PDP
1.039
1.119
1.039
1.119
 LANDIS #1 PDP
CLEAR FORK
WYOMING
1-PDP
1.500
1.670
1.500
1.670
 LANDIS #2 PDP
CLEAR FORK
WYOMING
1-PDP
1.500
1.670
1.500
1.670
 LANDIS #3 PDP
CLEAR FORK
WYOMING
1-PDP
2.500
2.470
2.500
2.470
 NLC CHURCH #1 PDP
OCEANA EAST
WYOMING
1-PDP
5.000
4.850
5.000
4.850
 PCHC 1309 B PDP
OCEANA
WYOMING
1-PDP
1.813
1.523
1.813
1.523
 PCT #115 PDP
YUKON - S
McDOWELL
1-PDP
5.500
4.510
2.955
2.425

 

--------------------------------------------------------------------------------

 
 

   
   EXHIBIT A-1  PDP WELLS
         
 CLASSIC OIL & GAS
50%
         
   RESOURCES, INC.
WELLS
                       
   CLASSIC INTERESTS
BPO
BPO
APO
APO
WELL
PROSPECT
COUNTY
STATUS
WI
NRI
WI
NRI

 
PCT #128 PDP
YUKON - S
McDOWELL
1-PDP
1.500
1.230
0.775
0.635
 PCT #129 PDP (APO)
YUKON - S
McDOWELL
1-PDP
5.500
4.510
2.955
2.425
 PCT #130 PDP
YUKON - S
McDOWELL
1-PDP
5.500
4.510
2.955
2.425
 PCT #131 PDP (APO)
YUKON - S
McDOWELL
1-PDP
2.500
2.050
1.410
1.155
 PCT #132 PDP
YUKON - S
McDOWELL
1-PDP
5.500
4.510
2.955
2.425
 PCT #133 PDP
YUKON - S
McDOWELL
1-PDP
2.000
1.640
1.035
0.850
 PCT #134 PDP
YUKON - S
McDOWELL
1-PDP
5.000
4.100
2.585
2.120
 PCT #135 PDP
YUKON - S
McDOWELL
1-PDP
5.500
4.510
2.955
2.425
 PCT #136 PDP
YUKON - S
McDOWELL
1-PDP
12.500
10.025
6.465
5.300
 PCT #137 PDP (APO)
YUKON - S
McDOWELL
1-PDP
5.500
4.510
2.955
2.425
 PCT #138 PDP
YUKON - S
McDOWELL
1-PDP
2.500
2.050
1.290
1.060
 PCT #140 PDP
YUKON - S
McDOWELL
1-PDP
1.500
1.230
0.775
0.635
 PCT #141 PDP
YUKON - S
McDOWELL
1-PDP
5.500
4.510
2.955
2.425
 PCT #142 PDP
YUKON - S
McDOWELL
1-PDP
0.500
0.410
0.260
0.215

 

--------------------------------------------------------------------------------

 
 

   
   EXHIBIT A-1  PDP WELLS
         
 CLASSIC OIL & GAS
50%
         
   RESOURCES, INC.
WELLS
                       
   CLASSIC INTERESTS
BPO
BPO
APO
APO
WELL
PROSPECT
COUNTY
STATUS
WI
NRI
WI
NRI

 
PCT #143 PDP (APO)
YUKON - S
McDOWELL
1-PDP
5.500
4.510
2.955
2.425
 PCT #146 PDP
YUKON - S
McDOWELL
1-PDP
1.500
1.230
0.775
0.635
 PCT #150 PDP
YUKON - N
McDOWELL
1-PDP
2.500
2.050
1.290
1.060
 PCT #152 PDP (APO)
YUKON - N
McDOWELL
1-PDP
2.500
2.050
1.290
1.060
 PCT #153 PDP
YUKON - N
McDOWELL
1-PDP
2.500
2.050
1.290
1.060
 PCT #154 PDP
YUKON - N
McDOWELL
1-PDP
18.500
15.170
9.565
7.845
 PCT #156 PDP
YUKON - N
McDOWELL
1-PDP
1.500
1.230
0.775
0.635
 PCT #157 PDP
YUKON - S
McDOWELL
1-PDP
2.500
2.050
1.410
1.155
 PCT #160 PDP
YUKON - N
McDOWELL
1-PDP
2.500
2.050
1.410
1.155
 PCT #161 PDP
YUKON - N
McDOWELL
1-PDP
5.500
4.510
2.955
2.425
 PCT #162 PDP
YUKON - N
McDOWELL
1-PDP
5.500
4.510
2.955
2.425
 PCT #163 PDP
YUKON - N
McDOWELL
1-PDP
5.500
4.510
2.955
2.425
 PCT #164 PDP
YUKON - N
McDOWELL
1-PDP
5.500
4.510
2.955
2.425

 

--------------------------------------------------------------------------------

 
 

   
   EXHIBIT A-1  PDP WELLS
         
 CLASSIC OIL & GAS
50%
         
   RESOURCES, INC.
WELLS
                       
   CLASSIC INTERESTS
BPO
BPO
APO
APO
WELL
PROSPECT
COUNTY
STATUS
WI
NRI
WI
NRI

 
PCT #166 PDP
YUKON - N
McDOWELL
1-PDP
5.500
4.510
2.955
2.425
 PCT #167 PDP
YUKON - S
McDOWELL
1-PDP
2.500
2.050
1.410
1.155
 PCT #168 PDP
YUKON - S
McDOWELL
1-PDP
9.000
7.380
4.655
3.815
 PCT #169 PDP
YUKON - S
McDOWELL
1-PDP
1.500
1.230
0.775
0.635
 PCT #175 PDP
YUKON - S
McDOWELL
1-PDP
2.500
2.050
1.410
1.155
 PENNINGTON #1 PDP
CLEAR FORK
WYOMING
1-PDP
2.500
2.550
2.500
2.550
 SHORT, A. #1 PDP
CLEAR FORK
WYOMING
1-PDP
2.000
2.225
2.000
2.225
 SPEARS #1 PDP
OCEANA EAST
WYOMING
1-PDP
4.500
3.690
4.500
3.690

 
 

--------------------------------------------------------------------------------

 
 

   
   EXHIBIT A-1  PDP WELLS
         
 CLASSIC OIL & GAS
50%
         
   RESOURCES, INC.
WELLS
                       
   CLASSIC INTERESTS
BPO
BPO
APO
APO
WELL
PROSPECT
COUNTY
STATUS
WI
NRI
WI
NRI

 
STEPP #1 PDP
OCEANA
WYOMING
1-PDP
6.500
5.500
6.500
5.500
 TOLER, C. #1 PDP
CLEAR FORK
WYOMING
1-PDP
1.500
1.670
1.500
1.670
 TOLER, D. #1 PDP
CLEAR FORK
WYOMING
1-PDP
25.374
20.568
25.374
20.568
 TOLER, D.R. #1 PDP
OCEANA EAST
WYOMING
1-PDP
4.000
3.280
4.000
3.280
 TOLER, J. #1 PDP
CLEAR FORK
WYOMING
1-PDP
2.500
2.550
2.500
2.550
 TOLER, K. #1 PDP
CLEAR FORK
WYOMING
1-PDP
43.500
35.940
43.500
35.940
 TOLER, M. #1 PDP
CLEAR FORK
WYOMING
1-PDP
2.500
2.550
2.500
2.550
 TOLER, T. #1 PDP
CLEAR FORK
WYOMING
1-PDP
2.000
2.225
2.000
2.225
 WEST, S. #1 PDP
CLEAR FORK
WYOMING
1-PDP
27.675
25.009
27.675
25.009

 

--------------------------------------------------------------------------------

 
 
 

   
   EXHIBIT A-1  PDP WELLS
         
 CLASSIC OIL & GAS
50%
         
   RESOURCES, INC.
WELLS
                       
   CLASSIC INTERESTS
BPO
BPO
APO
APO
WELL
PROSPECT
COUNTY
STATUS
WI
NRI
WI
NRI

               
WEST, S. #3 PDP
CLEAR FORK
WYOMING
1-PDP
5.000
4.125
5.000
4.125
 WEST ET AL #1 PDP
CLEAR FORK
WYOMING
2-PDNP
2.000
2.225
2.000
2.225
 WRIGHT, B. #1 PDP
KIMBALL
WYOMING
1-PDP
4.500
3.715
4.500
3.715

 
 

--------------------------------------------------------------------------------

 

EXHIBIT A-2  PDNP&BP WELLS
CLASSIC OIL & GAS    50%
    RESOURCES, INC.     WELLS

       
CLASSIC INTERESTS
 
BPO
   
BPO
   
APO
   
APO
 
WELL
 
PROSPECT
 
COUNTY
 
STATUS
 
WI
   
NRI
   
WI
   
NRI
                                       
CLINE, B.  #1 PDNP
 
CLEAR FORK
 
WYOMING
 
2-PDNP
    2.500       2.550       2.500       2.550  
FIELDS, BOB #1 PDNP
 
OCEANA
 
WYOMING
 
2-PDNP
    4.000       3.280       4.000       3.280  
FOX #1 PDNP (BP)
 
OCEANA
 
WYOMING
 
2-PDNP (BP)
    5.000       4.850       5.000       4.850  
JACKSON #1 PDNP (BP)
 
OCEANA EAST
 
WYOMING
 
2-PDNP (BP)
    4.000       3.300       4.000       3.300  
LAMB #1 PDNP (BP)
 
OCEANA EAST
 
WYOMING
 
2-PDNP (BP)
    1.039       1.119       1.039       1.119  
NLC CHURCH #1 PDNP (BP)
 
OCEANA EAST
 
WYOMING
 
2-PDNP (BP)
    5.000       4.850       5.000       4.850  
PCT #134 PDNP (BP)
 
YUKON - S
 
McDOWELL
 
2-PDNP (BP)
    5.000       4.100       2.585       2.120  
PCT #145 PDNP
 
YUKON - S
 
McDOWELL
 
2-PDNP
    3.000       2.460       1.274       1.554  
PCT #149 PDNP
 
YUKON - N
 
McDOWELL
 
2-PDNP
    2.500       2.050       1.292       1.059  
PCT #173 PDNP
 
YUKON - S
 
McDOWELL
 
2-PDNP
    5.500       4.510       2.844       2.332  
PCT #176 PDNP
 
YUKON - S
 
McDOWELL
 
2-PDNP
    12.500       10.250       6.465       5.300  
STEPP #1 PDNP (BP)
 
OCEANA
 
WYOMING
 
2-PDNP (BP)
    6.500       5.500       6.500       5.500  
TOLER, D.R. #1 PDNP (BP)
 
OCEANA EAST
 
WYOMING
 
2-PDNP (BP)
    4.000       3.280       4.000       3.280  
WEST, S. #2 PDNP
 
CLEAR FORK
 
WYOMING
 
2-PDNP
    2.500       2.550       2.500       2.550  

 
 
 

--------------------------------------------------------------------------------

 

EXHIBIT A-3 SUMMIT WELLS
CLASSIC OIL & GAS      %
       RESOURCES, INC.     VARIES

       
CLASSIC INTERESTS
 
BPO
   
BPO
   
APO
   
APO
 
WELL
 
PROSPECT
 
COUNTY
 
STATUS
 
WI
   
NRI
   
WI
   
NRI
                                       
BOLEN#1 PDP
 
OCEANA EAST
 
WYOMING
 
1-PDP
    1.039       1.119       1.039       1.119  
COOK #1 PDP
 
OCEANA EAST
 
WYOMING
 
1-PDP
    5.526       4.560       5.526       4.560  
COOK #2 PDP
 
OCEANA EAST
 
WYOMING
 
1-PDP
    1.039       0.857       1.039       0.857  
HATFIELD #1 PDP
 
OCEANA
 
WYOMING
 
1-PDP
    1.039       1.119       1.039       1.119  
JEWELL #1 PDP
 
OCEANA EAST
 
WYOMING
 
1-PDP
    1.039       1.119       1.039       1.119  
LAMB #1 PDP
 
OCEANA EAST
 
WYOMING
 
1-PDP
    1.039       1.119       1.039       1.119  

 
 
 

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EXHIBIT A-4  PDP WELLS
CLASSIC OIL & GAS     100%
     RESOURCES, INC.      WELLS

       
CLASSIC INTERESTS
 
BPO
   
BPO
   
APO
   
APO
 
WELL
 
PROSPECT
 
COUNTY
 
STATUS
 
WI
   
NRI
   
WI
   
NRI
                                       
ADKINS #1 PDP
 
INDIAN CREEK
 
WYOMING
 
1-PDP
    15.000       12.825       15.000       12.825  
BOBO #1 PDP
 
GILBERT CREEK
 
MINGO
 
1-PDP
    75.000       66.250       75.000       66.250  
CLINE, ELMER #1 PDP
 
GILBERT CREEK
 
MINGO
 
1-PDP
    100.000       87.500       100.000       87.500  
CLINE, ELMER #2 PDP
 
GILBERT CREEK
 
MINGO
 
1-PDP
    15.500       15.250       15.500       15.250  
CLINE, R. S. #1 PDP
 
ELK LICK
 
WYOMING
 
1-PDP
    30.000       27.650       30.000       27.650  
CNB 748 PDP
 
BOONE COUNTY
 
BOONE
 
1-PDP
    100.000       80.280       100.000       80.280  
ELLIS #1 PDP
 
GILBERT CREEK
 
MINGO
 
1-PDP
    100.000       87.500       100.000       87.500  
ELLIS #2 PDP
 
GILBERT CREEK
 
MINGO
 
1-PDP
    19.500       18.670       19.500       18.670  
McGRAW #1 PDP
 
PECKS MILL - LF
 
LOGAN
 
1-PDP
    10.000       9.000       10.000       9.000  
MEADOWS #1 PDP
 
BRENTON
 
WYOMING
 
1-PDP
    100.000       87.500       100.000       87.500  
OWENS #1 PDP
 
GARDEN GAP
 
WYOMING
 
1-PDP
    20.000       18.300       20.000       18.300  
PENN VA. #920 PDP
 
ANAWALT
 
McDOWELL
 
1-PDP
    100.000       87.500       100.000       87.500  
SMITH #1 PDP
 
GILBERT CREEK
 
MINGO
 
1-PDP
    20.000       19.100       20.000       19.100  

 
 

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EXHIBIT A-5  PDNP&BP WELLS
CLASSIC OIL & GAS     100%
    RESOURCES, INC.    WELLS

       
CLASSIC INTERESTS
 
BPO
   
BPO
   
APO
   
APO
 
WELL
 
PROSPECT
 
COUNTY
 
STATUS
 
WI
   
NRI
   
WI
   
NRI
                                       
TINSLEY #1 PDNP
 
GILBERT CREEK
 
MINGO
 
2-PDNP
    100.000       77.500       100.000       77.500  

 
 

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