exv10w10






 




    Exhibit
    10.10



 




    Base
    Contract for Sale and Purchase of Natural Gas



 



    This Base Contract is entered into as of the following date:
    November 1, 2004. The parties to this Base Contract are the
    following:



 


	 	 	 	 	 
	

    Tenaska Marketing Ventures


	
 
	
    and
	
 
	
    Ultra Resources, Inc. — Houston, TX 77060

	

    11718 Nicholas Street Omaha, NE 68154


	
 
	
 
	
 
	
    363 North Sam Houston Parkway East, Suite 1200

	

    Duns Number:
    62-424-0628


	
 
	
 
	
 
	
    Duns Number: 07-110-9974

	

    Contract Number: TMV-S-1495 & TMV-P-1353


	
 
	
 
	
 
	

    Contract
    Number: ­
    ­



	

    U.S. Federal Tax ID Number:
    47-0741451


	
 
	
 
	
 
	
    U.S. Federal Tax ID Number: 83-0320643

	
 
	
 
	
 
	
 
	
 

	

    Notices:


	
 
	
 
	
 
	
 

	

    11718 Nicholas Street Omaha, NE 68164


	
 
	
 
	
 
	
    Address — Same as above

	

    Attn: Manager, Contract Administration


	
 
	
 
	
 
	
    Attn: Natural Gas Marketing — Contract Administration

	

    Phone:
    402-758-6266     Fax:
    402-758-6250


	
 
	
 
	
 
	
    Phone: 281-876-0120 Ext. 306 Fax: 281-876-2831

	

    Confirmations:


	
 
	
 
	
 
	
 

	

    11718 Nicholas Street Omaha, NE 68154


	
 
	
 
	
 
	
    Address — Same as above

	

    Attn: Contract Administration


	
 
	
 
	
 
	
    Attn: Natural Gas Marketing — Gas Control

	

    Phone: 402-758-6100     Fax:
    402-758-6250


	
 
	
 
	
 
	
    Phone: 281-876-0120 Ext. 305 Fax: 281-876-2831

	

    Invoices and Payments:


	
 
	
 
	
 
	
 

	

    11718 Nicholas Street Omaha, NE 68154


	
 
	
 
	
 
	
    Address — Same as above

	

    Attn: Gas Accounting


	
 
	
 
	
 
	
    Attn: Natural Gas Marketing — Contract Administration

	

    Phone:
    402-758-6259     Fax:
    402-758-6253


	
 
	
 
	
 
	
    Phone: 281-876-0120 Ext. 306 Fax: 281-876-2831

	
 
	
 
	
 
	
 
	
 

	

    Wire Transfer or ACH Numbers (if applicable):


	
 
	
 
	
 
	
 

	

    BANK:
    ­
    ­


	
 
	
 
	
 
	
    BANK:
    ­
    ­

	

    ABA:
    ­
    ­


	
 
	
 
	
 
	
    ABA:
    ­
    ­

	

    ACCT:
    ­
    ­


	
 
	
 
	
 
	
    ACCT:
    ­
    ­

	

    Other
    Details: ­
    ­


	
 
	
 
	
 
	
    Other Details: For the acct. of Ultra Resources. Inc.









 



    This Base Contract incorporates by reference for all purposes
    the General Terms and Conditions for Sale and Purchase of
    Natural Gas published by the North American Energy Standards
    Board. The parties hereby agree to the following provisions
    offered in said General Terms and Conditions. In the event the
    parties fail to check a box, the specified default provision
    shall apply. Select only one box from each section:



 


	 	 	 	 	 	 	 	 	 	 	 
	

    Section 1.2


	
 
	
    x
    
	
 
	
    Oral (default)
	
 
	
    Section 7.2
	
 
	
    x
    
	
 
	
    25th

    Day of Month following

	

    Transaction


	
 
	
    o
    
	
 
	
    Written
	
 
	
    Payment Date
	
 
	
 
	
 
	
    Month of delivery (default)

	

    Procedure


	
 
	
 
	
 
	
 
	
 
	
 
	
 
	
    o
    
	
 
	

      Day of Month following Month of delivery



	
    Section 2.5

    Confirm Deadline
	
 
	
    x

    o
    
	
 
	
    2 Business Days after receipt (default)

      Business Days after receipt
	
 
	
    Section 7.2

    Method of Payment
	
 
	
    x

    o
    
	
 
	
    Wire transfer (default)

    Automated Clearinghouse Credit (ACH)

	
 
	
 
	
 
	
 
	
 
	
 
	
 
	
 
	
    o
    
	
 
	
    Check

	

    Section 2.6


	
 
	
    o
    
	
 
	
    Seller (default)
	
 
	
    Section 7.7
	
 
	
    x
    
	
 
	
    Netting applies (default)

	

    Confirming Party


	
 
	
    o
    
	
 
	
    Buyer
	
 
	
    Netting
	
 
	
    o
    
	
 
	
    Netting does not apply

	
 
	
 
	
    x
    
	
 
	
    Tenaska Marketing Ventures
	
 
	
 
	
 
	
 
	
 
	
 

	

    Section 3.2


	
 
	
    x
    
	
 
	
    Cover Standard (default)
	
 
	
    Section 10.3.1
	
 
	
    x
    
	
 
	
    Early Termination Damages Apply (default)

	
    Performance

    Obligation
	
 
	
    o
    
	
 
	
    Spot Price Standard
	
 
	
    Early Termination

    Damages
	
 
	
    o
    
	
 
	
    Early Termination Damages Do Not Apply

	
 
	
 
	
 
	
 
	
 
	
 
	
    Section 10.3.2
	
 
	
    x
    
	
 
	
    Other Agreement Setoffs Apply (default)

	

    Note: The following Spot Price Publication applies to both
    of the immediately preceding.


	
 
	
    Other Agreement Setoffs
	
 
	
    o
    
	
 
	
    Other Agreement Setoffs Do Not Apply

	

    Section 2.26


	
 
	
    x
    
	
 
	
    Gas Daily Midpoint (default)
	
 
	
    Section 14.5
	
 
	
 
	
 
	
 

	
    Spot Price

    Publication
	
 
	
    o
    
	
 
	
    

    

	
 
	
    Choice Of Law
	
 
	
 
	
 
	
    New York

	

    Section 6


	
 
	
    x
    
	
 
	
    Buyer Pays At and After Delivery Point (default)
	
 
	
    Section 14.10
	
 
	
    x
    
	
 
	
    Confidentiality applies (default)

	

    Taxes


	
 
	
    o
    
	
 
	
    Seller Pays Before and At Delivery Point
	
 
	
    Confidentiality
	
 
	
    o
    
	
 
	
    Confidentiality does not apply

	

    Special Provisions Number of sheets attached: TWO (2)


	
 
	
 
	
 
	
 
	
 
	
 

	

    Addendum(s): ­
    ­











 



    IN WITNESS WHEREOF, the parties hereto have executed this Base
    Contract in duplicate. File: ULTRA.NAESB



 


	 	 	 
	

    TENASKA MARKETING VENTURES


	
 
	
    ULTRA RESOURCES, INC.

	
    

	
 
	
    


	

    Party Name


	
 
	
    Party Name 









 


	 	 	 
	

    By: Tenaska Marketing, Inc, Managing General Partner


	
 
	
 

	

    By -s- Fred R. Hunzeker

    




	
 
	

    By -s- Stuart E. Nance

    





	

    Name: Fred R. Hunzeker


	
 
	
    Name: Stuart E. Nance

	

    Title: President


	
 
	

    Title: Director — Oil & Gas Marketing

    Attorney-in-fact











 





		
	    Copyright
    ©

    2002 North American Energy Standards Board, Inc.
    	    
    NAESB Standard 6.3.1
    



		
	    All
    Rights Reserved
    	    
    April 19, 2002