Exhibit 10.2


 


	
  

  	
  Andrews Kurth LLP

  
	
  Waterway Plaza Two

  
	
  10001 Woodloch Forest Drive

  
	
  Suite 200

  
	
  The Woodlands, Texas 77380

  
	
  713.220.4801 Phone

  
	
  713.220.4815 Fax

  
	
  andrewskurth.com

  
	
   

  
	
  Craig
  L. Stahl

  
	
  713.220.4834
  Direct

  
	
  713.238.7478
  Fax

  
	
  craigstahl@andrewskurth.com

  
	
   

  



December 7, 2007


 


By Facsimile


 


Mr. Robert L. Ketchand


Boyer & Ketchand


9 Greenway Plaza, Suite 3100


Houston, Texas 77046


 


Mr. John H. Kim


The Kim Law Firm


4309 Yoakum Blvd., Suite 2000


Houston, Texas 77006


 


Mr. Francis I. Spagnoletti


Spagnoletti & Co.


401 Louisiana, 8th Floor


Houston, Texas 77002


 


Mr. David J. Beck


Mr. Alistair B. Dawson


Beck, Redden & Secrest, L.L.P.


One Houston Center


1221 McKinney St., Suite 4500


Houston, Texas 77010


 


Mr. Melvyn L. Douglas


Melvyn L. Douglas P.C.


5500 Preston Road, Suite 393


Dallas, Texas 
75205-2676


 


Mr. Charles A. Sharman


Nine Greenway Plaza, Suite 3040


Houston, Texas 77046


 


Re:          Case
No. 2006-01984; MOSH Holding, L.P. v. Pioneer
Natural Resources Company, Pioneer Natural Resources USA, Inc., Woodside
Energy (USA) Inc., and JPMorgan Chase Bank, N.A., as Trustee of the Mesa
Offshore Trust; In the 334th Judicial District Court of Harris County,
Texas


 


Settlement Agreement and
Release executed on or about December 3, 2007


 


Dear Counsel:


 


This letter agreement
is an amendment and modification to the Settlement Agreement and Release (the “Agreement”)
by and among JPMorgan Chase Bank, N.A. individually and as Trustee of the Mesa
Offshore Trust, MOSH Holding, L.P., Dagger-Spine Hedgehog Corporation, and the
Wiegand Group.  Unless otherwise defined,
all capitalized terms used herein shall have the meaning stated in the
Agreement.  The parties agree that these
modifications are necessary and proper because the Court scheduled the hearing
on the parties Joint Motion for Approval of Settlement Agreement (“Joint Motion”)
on January 16, 2008, which is a date different than the January 11,
2008 date anticipated in the Settlement Agreement.


 

















 


The parties,
by and through their undersigned counsel, agree to the following modifications
to the Agreement:


 


1.             The date in the first
sentence of Section 1(a) is changed from “January 14, 2008” to “January 21,
2008” as the date JPMorgan’s resignation as Trustee of the Trust will become
effective.


 


2.             The date in the last
sentence of Section 1(d) is changed from “January 14, 2008” to “January 21,
2008” as the date on which the principal outstanding balance on the Note shall
not exceed $2.2 million.


 


3.             Paragraph 3 in the
proposed order referenced in Sections 2(d) and (e) shall provide “The
Trustee’s resignation is hereby accepted by the Court effective 12:01 a.m.
on January 21, 2008.”


 


The parties
acknowledge that while this letter agreement does not materially change the
Agreement, the modifications to the Agreement are subject to Section 9(i) of
the Agreement, which requires the parties hereto to petition the Court with
notice to counsel for the parties to the Litigation of any modification of the
terms of procedures required under the Agreement.  To comply with Section 9(i), the parties
agree to file a supplement to their Motion for Approval of Settlement Agreement
that identifies modifications contained herein and seeks the Court’s review and
approval of the modification.  The Supplement
to the Joint Motion shall include a revised proposed Order and shall be served
on all parties to the Litigation.


 


The
undersigned counsel have authority to enter into this letter agreement on
behalf of their respective clients.


 


	
   

  	
  Very truly yours,

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  ANDREWS KURTH LLP

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  /s/ Craig L. Stahl

  	
   

  
	
   

  	
  Craig L. Stahl

  	
   

  



 


CLS/dp


 


2

















 


	
  APPROVED
  :

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
  By:

  	
  /s/ Craig L.
  Stahl

  	
   

  	
  By:

  	
  /s/ John H.
  Kim

  	
   

  
	
   

  	
  Craig L. Stahl

  	
   

  	
  John H. Kim

  
	
   

  	
  Andrews Kurth LLP

  	
   

  	
  The Kim Law Firm

  
	
   

  	
  Waterway Plaza Two, Suite 200

  	
   

  	
  4309 Yoakum Blvd, Suite 2000

  
	
   

  	
  10001 Woodloch Forest Drive

  	
   

  	
  Houston, Texas 77006

  
	
   

  	
  The Woodlands, Texas 77380

  	
   

  	
   

  
	
   

  	
   

  
	
  ATTORNEYS FOR JPMORGAN
  CHASE

  	
  By:

  	
  /s/ Francis
  I. Spagnoletti

  	
   

  
	
  BANK, N.A., INDIVIDUALLY
  AND AS

  	
   

  	
  Francis I. Spagnoletti

  
	
  TRUSTEE OF THE MESA OFFSHORE

  	
   

  	
  Spagnoletti & Co.

  
	
  TRUST

  	
   

  	
  401 Louisiana, 8th Floor

  
	
   

  	
   

  	
  Houston, Texas 77002

  
	
   

  	
   

  	
   

  
	
   

  	
  ATTORNEYS FOR: MOSH
  Holding, L.P.,  Keith A. Wiegand,
  Ronnie McGlothlin, Gordon W. Bader, Roger R. Bean, Jennifer J. Bean, Tracey
  M. Stump, Scott W. Bean, James Blau, Larry W. Bradley, Richard Brown, Scott
  Curran, Ron Davis, Mark Dittus, John C. Easton, Jamie Arnold, John Easton
  Schwab Brokerage, John Easton Schwab Roth, John Easton Schwab IRA, John
  Easton Scottrade Brokerage, John Easton Trust, Jamie Arnold Schwab IRA, Vicki
  Easton Schwab IRA, James Figielski, James Figielski Pension Plan, Ami
  Schecter, Ami Schecter Roth IRA, Kathleen Friend, Patricia L. Hendrix, Ben
  Hoos, Matt Hoos, Philip Hoos, John W. Hovanec, Nicole M. Kimball, Matthew J.
  King, Darrell M. Leis, J.D. Maddox, Roy G. Maddox, John McCall, Katrina
  McGlothlin, Mary R. McNamara, Michael E. McNamara, Monika Meier, Mallory
  Mikkelsen, Dean P. Miles, Elizabeth A. Miles-Cunningham, Lori Miles, Robert
  M. Miles, Sharon A. Miles, William Kevin Miles, Gara Sue Pelcher, Jeffrey T.
  Pelcher, The Pelcher Company Keogh Plan, Jeffrey Thomas Pelcher Custodial for
  Nathan Allen Pelcher Roth IRA, Gara Pelcher Ten Com, Jeffrey T. Pelcher
  Custodial for Derrick T. Pelcher, Jeffrey T. Pelcher Custodial for Nathan A.
  Pelcher, Adriene Rohleder, John Selep, John M. Speight, Gordon A. Stamper,
  Jessica Stamper, Armin Sternberg, Robert Todd, T.D. Tommey, Lyle Wagman,
  Barbara Wiedemann, Knut Wiedemann, Nichole Wiedemann, Jerry L. Wolf, and
  Galen R. Young

  
	
  By:

  	
  /s/ Robert
  L. Ketchand

  	
   

  
	
   

  	
  Robert L. Ketchand

  
	
   

  	
  Boyer & Ketchand, P.C.

  
	
   

  	
  Nine Greenway Plaza, Suite 3100

  
	
   

  	
  Houston, Texas 77046

  
	
   

  
	
  ATTORNEYS FOR MOSH
  HOLDING, L.P.

  
	
  AND DAGGER-SPINE HEDGEHOG

  
	
  CORPORATION

  
	
   

  
	
   

  
	
  By:

  	
  /s/ Melvyn
  L. Douglas

  	
   

  
	
   

  	
  Melvyn L. Douglas

  
	
   

  	
  Melvyn L. Douglas P.C.

  
	
   

  	
  5500 Preston Road, Suite 393

  
	
   

  	
  Dallas, Texas 75205-2676

  
	
   

  
	
  ATTORNEY FOR DAGGER-SPINE

  
	
  HEDGEHOG CORPORATION

  
	
   

  
	
   

  
	
  By:

  	
  /s/ Charles
  A. Sharman

  	
   

  
	
   

  	
  Charles A. Sharman

  
	
   

  	
  Nine Greenway Plaza, Suite 3040

  
	
   

  	
  Houston, Texas 77046

  
									



 


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