f8k070612a2ex10x_stratex.htm


 


Exhibit 10.10


 



 


ASSIGNMENT, CONVEYANCE AND BILL OF SALE 


 


STATE OF NEBRASKA   o


 


COUNTY OF SIOUX   o


 


KNOW ALL MEN BY THESE PRESENTS


 


THAT, NEBRASKA ALLIANCE RESOURCES LLC, whose address is 1421 S. Steele,  Denver, CO 80210 (hereinafter referred to as "Assignor"), for and in consideration of the sum of Ten Dollars ($10.00) and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, does hereby GRANT, BARGAIN, SELL, ASSIGN, TRANSFER and CONVEY to:


 


STRATEX OIL AND GAS, INC


30 ECHO LAKE ROAD


WATERTOWN, CT 06795


 


This Assignment, Conveyance and Bill of Sale is subject to an unrecorded Letter Agreement dated December 23, 2011 and signed by Assignor and Assignee


 


hereinafter referred to as "Assignee", without warranty of title of any kind, express or implied, and subject to the terms and conditions hereinafter set out, 10% (Ten percent) of Assignor's right, title and interest in, to and under (i) the oil and gas leases described in Exhibit "A", attached hereto and made a part hereof, and the oil and gas leasehold estates created thereunder, insofar and only insofar as it covers the lands described in Exhibit "A" hereto, (ii) all real, personal and intangible property rights appurtenant to such lands and leases listed on Exhibit "A", including, without limitation, the following (all of Assignor's right, title and interest described below being hereinafter collectively referred to as the "Interests"):


 


a.   Leasehold interests in oil, gas or other minerals, including, without limitation, working interests, carried working interests, rights of assignment and reassignment and other interests under or in the oil and gas leases, and interests in rights to explore for and produce oil, gas and other minerals;


 


b.   Fee interests in oil, gas or other minerals, including, without limitation, rights under mineral deeds, conveyances or assignments;


 


c.   Royalties, overriding royalties, production payments, rights to take royalties in kind, or other interests in production of oil, gas or other minerals;


 


d.   Rights and interests in or derived from unit agreements, orders and decisions of state and federal regulatory authorities establishing units, joint operating agreements, enhanced recovery and injection agreements, gas sales contracts, farmout agreements and farmin agreements, options, drilling agreements, exploration agreements, assignments of operating rights, working interests and subleases;


 


e.   Rights-of-way, easements, servitudes and franchises acquired or used in connection with operations for the exploration and production of oil, gas or other minerals;


 




  





  











  






 


f.   Permits and licenses of any nature owned, held or operated in connection with operations for the exploration and production of oil, gas or other minerals, to the extent such permits and licenses are transferable;


 


g.   Rights and interests in and to the wells, machinery, equipment, fixtures, related inventory and personal property located on and used in connection with the operation of the property described in Exhibit "A" attached hereto.


 


THIS Assignment, Conveyance and Bill of Sale, hereinafter referred to as "Conveyance" shall be subject to the following terms, conditions or exceptions:


 


1.   This Conveyance shall be effective as of December 27, 2011 at 7:00 a.m., local time ("Effective Time").


 


2.   The Interests herein assigned and conveyed shall be subject to all instruments and agreements through which Assignor derived its title or to which the same are subject.


 


3.   To the extent transferable, Assignee shall have the right of full substitution and subrogation in and to any and all rights and actions of warranty which Assignor has or may have with respect to the Interest conveyed hereunder of which Assignor has or may have against any and all preceding owners, vendors or warrantors.


 


4.   ASSIGNOR AND ASSIGNEE ACKNOWLEDGE AND AGREE THE INTERESTS ARE TO BE CONVEYED WITHOUT WARRANTY OF TITLE. THE INTERESTS ARE CONVEYED HEREIN BY ASSIGNOR "AS IS, WHERE IS" AND IN THEIR PRESENT CONDITION WITH ALL FAULTS. ASSIGNOR HAS NOT MADE, DOES NOT HEREBY MAKE AND SPECIFICALLY DISCLAIMS, ANY REPRESENTATIONS, WARRANTIES, PROMISES, COVENANTS, AGREEMENTS OR GUARANTIES OF ANY KIND OR CHARACTER WHATSOEVER, WHETHER EXPRESSED OR IMPLIED, AT COMMON LAW, BY STATUTE, OR OTHERWISE, ORAL OR WRITTEN, PAST, PRESENT, OR FUTURE AS TO, CONCERNING OR WITH RESPECT TO THE INTERESTS, INCLUDING, BUT NOT LIMITED TO (AND WITHOUT LIMITING Fl IE GENERALITY OF THE FOREGOING), THE FOLLOWING: (A) ANY GEOLOGICAL, SEISMIC AND OTHER GEOPHYSICAL DATA; THE EXISTENCE OR EXTENT OF OIL, GAS OR MINERAL RESERVES; THE RECOVERABILITY OF OR COST OF RECOVERING ANY SUCH RESERVES; THE VALUE OF SUCH RESERVES; ANY PRODUCT PRICING ASSUMPTIONS; AND THE ABILITY TO SELL OIL OR GAS PRODUCTION AFTER CLOSING; (B) THE NATURES, QUALITY OR CONDITION OF THE INTERESTS INCLUDING, WITHOUT LIMITATION, THE WATER, SOIL OR GEOLOGY OF THE PROPERTY SUBJECT TO THE LEASES; (C) THE EXISTING SOIL CONDITIONS OR OTHER CONDITIONS OF ANY PROPERTY SUBJECT TO THE LEASES; (D) THE INCOME TO BE DERIVED FROM ANY OF THE INTERESTS; (E) THE SUITABILITY FOR ANY AND ALL ACTIVITIES AND USES WHICH ASSIGNEE MAY CONDUCT THEREON OR THEREWITH; (F) THE COMPLIANCE OF THE INTERESTS, OR THEIR OPERATION, WITH ANY LAWS, RULES, ORDINANCES OR REGULATIONS OR ANY APPLICABLE GOVERNMENTAL AUTHORITY OR BODY; (G) THE HABITABILITY, SUITABILITY, MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OF THE INTERESTS; (H) THE GOOD AND WORKMANLIKE CONSTRUCTION OF THE EQUIPMENT; (I) THE DESIGN OF THE EQUIPMENT; (J) THE NATURE OR QUALITY OF THE CONSTRUCTION, STRUCTURAL DESIGN AND/OR ENGINEERING OF THE EQUIPMENT; (K) THE QUALITY OF TI IF LABOR AND MATERIALS INCLUDED IN THE EQUIPMENT; (L) THE COMPOSITION OF THE MATERIALS INCLUDED IN THE EQUIPMENT; OR (M) ANY OTHER MATTER WITH RESPECT TO THE EQUIPMENT. WITHOUT LIMITING ANY OF THE FOREGOING, ASSIGNOR HAS NOT MADE, DOES NOT MAKE AND SPECIFICALLY DISCLAIMS ANY REPRESENTATIONS OR WARRANTIES REGARDING (i) THE PRESENCE OR ABSENCE FROM THE LANDS COVERED BY THE INTERESTS OF HAZARDOUS SUBSTANCES AND/OR SOLID WASTE, AS DEFINED BY THE U. S. ENVIRONMENTAL PROTECTION AGENCY REGULATIONS PROMULGATED PURSUANT TO THE COMPREHENSIVE ENVIRONMENTAL RESPONSE, COMPENSATION AND LIABILITY ACT, AS AMENDED ("CERCLA"); OR (ii) THE COMPLIANCE OR NONCOMPLIANCE OF THE INTERESTS WITH CERCLA, THE RESOURCE CONSERVATION AND RECOVERY ACT, TI IE FEDERAL WATER POLLUTION CONTROL ACT, THE FEDERAL CLEAN AIR ACT (AS ANY OF THE SAME MAY HAVE BEEN AMENDED FROM TIME TO TIME), OR ANY OTHER STATUTE, LAW, ORDINANCE, REGULATION, ORDER OR DECREE RELATING TO ENVIRONMENTAL MATTERS.


 




  





2











  






 


5.    As used in this Paragraph 5, and in the subparagraphs hereunder, "claims" shall include claims, demands, causes of action, liabilities, damages, penalties and judgments of any kind or character arising out of or in any way connected with the Interests and all costs and fees in connection therewith.


 


a.    Assignee shall (i) be responsible for any and all claims arising from the production and sale of hydrocarbons from the Interests assigned hereunder, including the accounting or payment to third parties of monies attributable to their interests in such production, insofar as such claims relate to hydrocarbons produced from the Interests and sold after the Effective Time, (ii) at the Effective Time assume and be responsible for and comply with all duties and obligations of Assignor, express or implied, with respect to the Interests under or by virtue of any lease, contract, agreement, document, permit, applicable statute or rule, regulation or order of any governmental authority or at common law (specifically including, without limitation, any governmental request or requirement to plug, re-plug and/or abandon any well of whatsoever type, status or classification, or take any clean up or other action with respect to the Interests) and (iii) defend, indemnify and hold Assignor harmless from any and all claims, including, but not limited to, any and all claims in favor of any person or governmental authority for personal injury, death or damage to property or to the environment, or for any other relief, arising directly or indirectly from, or incident to, the use, occupation, operation, maintenance or abandonment of any of the Interests, or conditions of the Interests, whether latent or patent, and whether arising from or contributed to by the negligence in any form of Assignor, its agents, employees or contractors, and asserted against Assignee and/or Assignor after the Effective Time, whether or not any such claims result from conditions, existing, or actions or inactions occurring, at or before the Effective Time.


 




  





3











  






 


b.    Assignor shall (i) be responsible for any and all claims arising from the production and sale of hydrocarbons from the Interests assigned hereunder, including the accounting or payment to third parties of monies attributable to their interests in such production, insofar as such claims relate to hydrocarbons produced and sold prior to the Effective Time and (ii) defend, indemnify and hold Assignee harmless from any and all claims asserted against Assignor prior to the Effective Time.


 


Assignee shall pay and defend and hold Assignor harmless with respect to the payment of all ad valorem taxes on the Interests for the 2011 Tax Period and thereafter, together with any interest or penalty assessed thereon. Regardless of the foregoing, Assignor agrees to reimburse Assignee, upon evidence from Assignee that such taxes have been paid, Assignor's proportionate share of taxes in respect of its ownership of the Interests during the Tax Period.


 


Assignee shall further defend and hold Assignor harmless with respect to the payment of sales taxes or other taxes in connection with this Assignment, if any, including interest or penalty assessed thereon.


 


All taxes (other than ad valorem and income taxes) which are imposed on or with respect to the production of oil, natural gas or other hydrocarbons or minerals or the receipt of proceeds therefrom (including but not limited to severance, production and excise taxes) shall be apportioned between the parties as follows: (i) Payment or withholding of all such taxes applicable or relating to production sold prior to the Effective Time and filing of all statements, returns and documents pertinent thereto shall be the responsibility of Assignor; and (ii) Payment or withholding of all such taxes applicable or relating to production sold from and after the Effective Time and the filing of all statements, returns, and documents incident thereto shall be the responsibility of Assignee.


 


Each of the parties hereto shall execute, acknowledge and deliver to the other such further instruments, conveyances, deeds, acquittances, division orders and transfer orders, and take such other actions as may be reasonably necessary to carry out the provisions of this Conveyance. However, Assignee shall assume all responsibility for notifying the purchaser of oil and gas production from the Interests, and such other designated persons who may be responsible for disbursing payments for the purchase of such production, of the change of ownership of the Interests. Assignee shall take all actions necessary to effectuate the transfer of such payments to Assignee as of the Effective Time. Assignor shall have no responsibility or liability for the proper distribution of proceeds from and after the Effective Time.


 


The terms and conditions contained herein shall constitute covenants running with the land and shall be binding upon the parties hereto, their legal representatives, successors, assigns and heirs.


 


TO HAVE AND TO HOLD unto Assignee, its legal representatives, successors, assigns and heirs, in accordance with the terms and provisions hereof.


 




  





4











  






 


IN WITNESS WHEREOF, this Conveyance is executed this 27th day of December, 2011 but shall be effective as of the Effective Time, for all purposes.


 




	 	ASSIGNOR:	 
	
 

	
By: 

	/s/ Christopher D. Miller	 
	 	 	Christopher D. Miller	 
	 	
Title:  

	President of Nebraska Alliance Resources LLC	 







 



	
STATE OF Colorado

	
o


	 	o
	
COUNTRY OF Denver

	o





 


This instrument was acknowledged before me on 27th of December, 2011 by Christopher D. Miller, as President of                         a Colorado corporation, on behalf of said corporation.


 


Given under my hand and seal of office this the 27th day of December, 2011.


 



	 	
(seal)

	Notary Public in and for the State of Colorado
	 	 	
Printed Name Mackenzie Danielson


 


Commission Expiration 10/23/2012


	 





 




  





5











  






 


EXHIBIT 'A'


 


ATTACHED TO AND MADE A PART OF THAT CERTAIN ASSIGNMENT, CONVEYANCE AND BILL OF SALE BY AND BETWEEN NEBRASKA ALLIANCE RESOURCES LLC, AS ASSIGNOR AND STRATEX OIL AND GAS, INC, AS ASSIGNEE DATED December 27, 2011, EFFECTIVE December 27, 2011.


 


It is the intent of Assignor to assign 10% (Ten Percent) of the oil and gas leasehold in the following oil and gas leases.


 




 




  





  











  






 


 


 



	Township	 Range	 Section	
 Legal 


Description

	Gross Acres	 Interest	Estimated Net	 	Lessor	
Lease 


Date

	Royalty	Lease Terms	Option
	T31N	R56W	07	Lot 3, 4, E2SW, SE4, and all that part of Lot 2, SE4NW4, and the NE4 lying south of the Chicago & North Western Railroad	454.2200	1.00000	454.2200	 	Abel Ranches, Inc.	7/12/2011	12.50%	5	5
	T31N	R56W	08	S2SW4	80.0000	1.00000	80.0000	 	Abel Ranches, Inc.	7/12/2011	12.50%	5	5
	T31N	R56W	17	N2NW4, SW4	240.0000	1.00000	240.0000	 	Abel Ranches, Inc.	7/12/2011	12.50%	5	5
	T31N	R56W	18	Lot 1 (22.47), Lot 2 (22.22), Lot 3 (21.97), Lot 4 (21.72), E2W2, NE4, NE4SE4, E2SE4 	528.3800	1.00000	528.3800	 	Abel Ranches, Inc.	7/12/2011	12.50%	5	5
	T31N	R56W	19	N2NE4, SE4NE4	120.0000	1.00000	120.0000	 	Abel Ranches, Inc.	7/12/2011	12.50%	5	5
	T31N	R56W	20	NW4	160.0000	1.00000	160.0000	 	Abel Ranches, Inc.	7/12/2011	12.50%	5	5
	T31N	R57W	12	ALL	640.0000	1.00000	640.0000	 	Abel Ranches, Inc.	7/12/2011	12.50%	5	5
	T31N	R57W	13	N2, SE4, E2SW4	560.0000	1.00000	560.0000	 	Abel Ranches, Inc.	7/12/2011	12.50%	5	5
	T30N	R57W	02	N2NW4, NW4NE4	120.0000	1.00000	120.0000	 	Anne E. Wilson & William H. Wilson	8/4/2011	12.50%	5	5
	T31N	R57W	26	W2SW4	80.0000	1.00000	80.0000	 	Anne E. Wilson & William H. Wilson	8/4/2011	12.50%	5	5
	T31N	R57W	27	W2W2 (except the N2NW4NW4), SE1⁄4SW1⁄4, SW1⁄4SE1⁄4, NW1⁄4SE1⁄4, SE1⁄4SE1⁄4, S1⁄2NE1⁄4SE1⁄4, and NE1⁄4SW1⁄4	360.0000	1.00000	360.0000	 	Anne E. Wilson & William H. Wilson	8/4/2011	12.50%	5	5
	T31N	R57W	34	E2, SE4NW4, E2SE4, NE4NW4	480.0000	1.00000	480.0000	 	Anne E. Wilson & William H. Wilson	8/4/2011	12.50%	5	 5
	T31N	R57W	35	S1⁄2SW1⁄4SE1⁄4, N1⁄2N1⁄2SW1⁄4, SE1⁄4NW1⁄4 and W1⁄2NW1⁄4 and that tract of land situated in the NW1⁄4 of Section 35, Township 31 North, Range 57 West of the 6th P.M. in sioux Country	172.0000	1.00000	172.0000	 	Anne E. Wilson & William H. Wilson	8/4/2011	12.50%	5	5
	T30N	R57W	26	SW4	160.0000	1.00000	160.0000	 	Benjamin R. Hebner & Julia B. Hebner 	9/7/2011	12.50%	5	5
	T30N	R57W	27	S2	320.0000	1.00000	320.0000	 	Benjamin R. Hebner & Julia B. Hebner 	9/7/2011	12.50%	5	5
	T30N	R57W	34	E2	320.0000	1.00000	320.0000	 	Benjamin R. Hebner & Julia B. Hebner 	9/7/2011	12.50%	5	5
	T31N	R56W	09	E2SE4SE4	20.0000	0.06250	1.2500	 	Bonnie Szidon	5/24/2011	12.50%	5	5
	T31N	R56W	10	S2SW4	80.0000	0.06250	5.0000	 	Bonnie Szidon	5/24/2011	12.50%	5	5
	T31N	R56W	13	N2, SW4, W2SE4	560.0000	0.06250	35.0000	 	Bonnie Szidon	5/24/2011	12.50%	5	5
	T31N	R56W	14	ALL	640.0000	0.06250	40.0000	 	Bonnie Szidon	5/24/2011	12.50%	5	5
	T31N	R56W	15	ALL	640.0000	0.06250	40.0000	 	Bonnie Szidon	5/24/2011	12.50%	5	5
	T31N	R56W	22	ALL	640.0000	0.06250	40.0000	 	Bonnie Szidon	5/24/2011	12.50%	5	5
	T31N	R56W	23	ALL	640.0000	0.06250	40.0000	 	Bonnie Szidon	5/24/2011	12.50%	5	5





 


 




  





1











  






 




	
Township

	
 Range

	
 Section

	
 Legal 


Description

	
Gross Acres

	
 Interest

	
Estimated Net

	 	
Lessor

	
Lease 


Date

	
Royalty

	
Lease Terms

	
Option


	
T31N

	
R56W

	
24

	
W2, NE4

	
480.0000

	
0.06250

	
30.0000

	 	
Bonnie Szidon

	
5/24/2011

	
12.50%

	
5

	
5


	
T31N

	
R56W

	
25

	
NW4

	
160.0000

	
0.06250

	
10.0000

	 	
Bonnie Szidon

	
5/24/2011

	
12.50%

	
5

	
5


	
T31N

	
R56W

	
26

	
N2

	
320.0000

	
0.06250

	
20.0000

	 	
Bonnie Szidon

	
5/24/2011

	
12.50%

	
5

	
5


	
T31N

	
R56W

	
27

	
ALL

	
640.0000

	
0.06250

	
40.0000

	 	
Bonnie Szidon

	
5/24/2011

	
12.50%

	
5

	
5


	
T31N

	
R57W

	
26

	
E2SW4, SW4SE4

	
120.0000

	
1.00000

	
120.0000

	 	
Carol A. Webb & Jeffrey D. Webb

	
8/1/2011

	
12.50%

	
5

	
5


	
T31N

	
R57W

	
35

	
NE4, N2SE4, N2S2SE4, S2SW4, S2N2SW4, NE4NW4 and a tract of land situaed in the NW4 of Section 35, Township 31 North, Range 57 West of the 6th P.M.

	
447.9900

	
1.00000

	
447.9900

	 	
Carol A. Webb & Jeffrey D. Webb

	
8/1/2011

	
12.50%

	
5

	
5


	
T30N

	
R55W

	
19

	
SW4

	
160.0000

	
1.00000

	
160.0000

	 	
Coffee & Sons, Inc

	
7/28/2011

	
12.50%

	
5

	
5


	
T30N

	
R55W

	
30

	
NW and all that part of the NE lying west of Hwy 29

	
232.2900

	
1.00000

	
232.2900

	 	
Coffee & Sons, Inc

	
7/28/2011

	
12.50%

	
5

	
5


	
T30N

	
R56W

	
14

	
All

	
640.0000

	
1.00000

	
640.0000

	 	
Coffee & Sons, Inc

	
7/28/2011

	
12.50%

	
5

	
5


	
T30N

	
R56W

	
15

	
All

	
640.0000

	
1.00000

	
640.0000

	 	
Coffee & Sons, Inc

	
7/28/2011

	
12.50%

	
5

	
5


	
T30N

	
R56W

	
22

	
All

	
640.0000

	
1.00000

	
640.0000

	 	
Coffee & Sons, Inc

	
7/28/2011

	
12.50%

	
5

	
5


	
T30N

	
R56W

	
23

	
All

	
640.0000

	
1.00000

	
640.0000

	 	
Coffee & Sons, Inc

	
7/28/2011

	
12.50%

	
5

	
 5


	
T30N

	
R56W

	
24

	
S2

	
320.0000

	
1.00000

	
320.0000

	 	
Coffee & Sons, Inc

	
7/28/2011

	
12.50%

	
5

	
5


	
T30N

	
R56W

	
25

	
N2

	
320.0000

	
1.00000

	
320.0000

	 	
Coffee & Sons, Inc

	
7/28/2011

	
12.50%

	
5

	
5


	
T30N

	
R56W

	
26

	
All

	
640.0000

	
1.00000

	
640.0000

	 	
Coffee & Sons, Inc

	
7/28/2011

	
12.50%

	
5

	
5


	
T31N

	
R56W

	
02

	
N2

	
320.0000

	
1.00000

	
320.0000

	 	
Coffee & Sons, Inc

	
7/28/2011

	
12.50%

	
5

	
5


	
T31N

	
R56W

	
03

	
Part of the NE and part of the W2SW

	
41.4000

	
1.00000

	
41.4000

	 	
Coffee & Sons, Inc

	
7/28/2011

	
12.50%

	
5

	
5


	
T31N

	
R56W

	
04

	
Part of the S2

	
171.4900

	
1.00000

	
171.4900

	 	
Coffee & Sons, Inc

	
7/28/2011

	
12.50%

	
5

	
5


	
T31N

	
R56W

	
05

	
Part of the SE4

	
1.0000

	
1.00000

	
1.0000

	 	
Coffee & Sons, Inc

	
7/28/2011

	
12.50%

	
5

	
5


	
T31N

	
R56W

	
08

	
N2, SE4, N2SW4

	
560.0000

	
1.00000

	
560.0000

	 	
Coffee & Sons, Inc

	
7/28/2011

	
12.50%

	
5

	
5


	
T31N

	
R56W

	
09

	
N2, SW4, N2SE4, SW4SE4, W2SESE

	
620.0000

	
1.00000

	
620.0000

	 	
Coffee & Sons, Inc

	
7/28/2011

	
12.50%

	
5

	
5


	
T31N

	
R56W

	
17

	
NE4, SE4, S2NW4

	
400.0000

	
1.00000

	
400.0000

	 	
Coffee & Sons, Inc

	
7/28/2011

	
12.50%

	
5

	
5


	
T32N

	
R56W

	
25

	
S2SW4

	
80.0000

	
1.00000

	
80.0000

	 	
Coffee & Sons, Inc

	
7/28/2011

	
12.50%

	
5

	
5


	
T32N

	
R56W

	
26

	
S2SE

	
80.0000

	
1.00000

	
80.0000

	 	
Coffee & Sons, Inc

	
7/28/2011

	
12.50%

	
5

	
5









 




  





2











  






 





	
Township

	
 Range

	
 Section

	
 Legal 


Description

	
Gross Acres

	
 Interest

	
Estimated Net

	 	
Lessor

	
Lease 


Date

	
Royalty

	
Lease Terms

	
Option


	
T32N

	
R56W

	
35

	
All

	
640.0000

	
1.00000

	
640.0000

	 	
Coffee & Sons, Inc

	
7/28/2011

	
12.50%

	
5

	
5


	
T31N

	
R56W

	
09

	
E2SE4SE4

	
20.0000

	
0.12500

	
2.5000

	 	
Connie S. Nicholas

	
5/23/2011

	
12.50%

	
5

	
5


	
T31N

	
R56W

	
10

	
S2SW4

	
80.0000

	
0.12500

	
10.0000

	 	
Connie S. Nicholas

	
5/23/2011

	
12.50%

	
5

	
5


	
T31N

	
R56W

	
13

	
N2, SW4, W2SE4

	
560.0000

	
0.12500

	
70.0000

	 	
Connie S. Nicholas

	
5/23/2011

	
12.50%

	
5

	
5


	
T31N

	

R56W



	
14

	
ALL

	
640.0000

	
0.12500

	
80.0000

	 	
Connie S. Nicholas

	
5/23/2011

	
12.50%

	
5

	
5


	
T31N

	

R56W



	
15

	
ALL

	
640.0000

	
0.12500

	
80.0000

	 	
Connie S. Nicholas

	
5/23/2011

	
12.50%

	
5

	
5


	


T31N





	

R56W



	
22

	
ALL

	
640.0000

	
0.12500

	
80.0000

	 	
Connie S. Nicholas

	
5/23/2011

	
12.50%

	
5

	
5


	



T31N







	

R56W



	
23

	
ALL

	
640.0000

	
0.12500

	
80.0000

	 	
Connie S. Nicholas

	
5/23/2011

	
12.50%

	
5

	
5


	

T31N



	
R56W

	
24

	
W2, NE4

	
480.0000

	
0.12500

	
60.0000

	 	
Connie S. Nicholas

	
5/23/2011

	
12.50%

	
5

	
5


	


T31N





	
R56W

	
25

	
NW4

	
160.0000

	
0.12500

	
20.0000

	 	
Connie S. Nicholas

	
5/23/2011

	
12.50%

	
5

	
5


	



T31N







	
R56W

	
26

	
N2

	
320.0000

	
0.12500

	
40.0000

	 	
Connie S. Nicholas

	
5/23/2011

	
12.50%

	
5

	
5


	



T31N







	
R56W

	
27

	
ALL

	
640.0000

	
0.12500

	
80.0000

	 	
Connie S. Nicholas

	
5/23/2011

	
12.50%

	
5

	
 5


	

T31N



	
R56W

	
09

	
E2SE4SE4

	
20.0000

	
0.12500

	
2.5000

	 	
Dale A. Fullerton Trust, Dated October 6, 2000

	
5/23/2011

	
12.50%

	
5

	
5


	

T31N



	
R56W

	
10

	
S2SW4

	
80.0000

	
0.12500

	
10.0000

	 	
Dale A. Fullerton Trust, Dated October 6, 2000

	
5/23/2011

	
12.50%

	
5

	
5


	

T31N



	
R56W

	
13

	
N2, SW4, W2SE4

	
560.0000

	
0.12500

	
70.0000

	 	
Dale A. Fullerton Trust, Dated October 6, 2000

	
5/23/2011

	
12.50%

	
5

	
5


	

T31N



	
R56W

	
14

	
ALL

	
640.0000

	
0.12500

	
80.0000

	 	
Dale A. Fullerton Trust, Dated October 6, 2000

	
5/23/2011

	
12.50%

	
5

	
5


	
T31N

	
R56W

	
15

	
ALL

	
640.0000

	
0.12500

	
80.0000

	 	
Dale A. Fullerton Trust, Dated October 6, 2000

	
5/23/2011

	
12.50%

	
5

	
5


	
T31N

	
R56W

	
22

	
ALL

	
640.0000

	
0.12500

	
80.0000

	 	
Dale A. Fullerton Trust, Dated October 6, 2000

	
5/23/2011

	
12.50%

	
5

	
5


	
T31N

	
R56W

	
23

	
ALL

	
640.0000

	
0.12500

	
80.0000

	 	
Dale A. Fullerton Trust, Dated October 6, 2000

	
5/23/2011

	
12.50%

	
5

	
5


	
T31N

	
R56W

	
24

	
W2, NE4

	
480.0000

	
0.12500

	
60.0000

	 	
Dale A. Fullerton Trust, Dated October 6, 2000

	
5/23/2011

	
12.50%

	
5

	
5


	
T31N

	
R56W

	
25

	
NW4

	
160.0000

	
0.12500

	
20.0000

	 	
Dale A. Fullerton Trust, Dated October 6, 2000

	
5/23/2011

	
12.50%

	
5

	
5


	
T31N

	
R56W

	
26

	
N2

	
320.0000

	
0.12500

	
40.0000

	 	
Dale A. Fullerton Trust, Dated October 6, 2000

	
5/23/2011

	
12.50%

	
5

	
5


	
T31N

	
R56W

	
27

	
ALL

	
640.0000

	
0.12500

	
80.0000

	 	
Dale A. Fullerton Trust, Dated October 6, 2000

	
5/23/2011

	
12.50%

	
5

	
5











 


 




  





3











  






 




	
Township

	
 Range

	
 Section

	
 Legal 


Description

	
Gross Acres

	
 Interest

	
Estimated Net

	 	
Lessor

	
Lease 


Date

	
Royalty

	
Lease Terms

	
Option


	
T30N

	
R56W

	
02

	
W2

	
320.0000

	
1.00000

	
320.0000

	 	
Donald & Betty Mack

	
8/29/2011

	
12.50%

	
5

	
5


	
T30N

	
R56W

	
03

	
N2, SE4, NE4SW4, all that portion of the SW4 lying north and east of Hwy 29

	
598.4400

	
1.00000

	
598.4400

	 	
Donald & Betty Mack

	
8/29/2011

	
12.50%

	
5

	
5


	
T31N

	
R56W

	
26

	
W2SW4

	
80.0000

	
1.00000

	
80.0000

	 	
Donald & Betty Mack

	
8/29/2011

	
12.50%

	
5

	
5


	
T31N

	
R56W

	
34

	
All

	
640.0000

	
1.00000

	
640.0000

	 	
Donald & Betty Mack

	
8/29/2011

	
12.50%

	
5

	
5


	
T31N

	
R56W

	
35

	
SW4, S2SE4, W2NW4

	
320.0000

	
1.00000

	
320.0000

	 	
Donald & Betty Mack

	
8/29/2011

	
12.50%

	
5

	
5


	
T30N

	
R57W

	
11

	
SE4SW4, S2SE4

	
120.0000

	
0.33333

	
39.9996

	 	
Donna Jean Powell Bernard Trust

	
7/27/2011

	
12.50%

	
5

	
5


	
T30N

	
R57W

	
13

	
ALL

	
640.0000

	
0.33333

	
213.3312

	 	
Donna Jean Powell Bernard Trust

	
7/27/2011

	
12.50%

	
5

	
5


	
T30N

	
R57W

	
14

	
ALL

	
640.0000

	
0.33333

	
213.3312

	 	
Donna Jean Powell Bernard Trust

	
7/27/2011

	
12.50%

	
5

	
5


	
T30N

	
R57W

	
23

	
ALL

	
640.0000

	
0.33333

	
213.3312

	 	
Donna Jean Powell Bernard Trust

	
7/27/2011

	
12.50%

	
5

	
5


	
T30N

	
R57W

	
24

	
ALL

	
640.0000

	
0.33333

	
213.3312

	 	
Donna Jean Powell Bernard Trust

	
7/27/2011

	
12.50%

	
5

	
5


	
T30N

	
R57W

	
25

	
W2W2

	
160.0000

	
0.33333

	
53.3328

	 	
Donna Jean Powell Bernard Trust

	
7/27/2011

	
12.50%

	
5

	
5


	
T30N

	
R57W

	
26

	
SE4, N2

	
480.0000

	
0.33333

	
59.9984

	 	
Donna Jean Powell Bernard Trust

	
7/27/2011

	
12.50%

	
5

	
 5


	
T30N

	
R57W

	
27

	
Part of the NE4NE4

	
5.1000

	
0.33333

	
1.7000

	 	
Donna Jean Powell Bernard Trust

	
7/27/2011

	
12.50%

	
5

	
5


	
T30N

	
R56W

	
06

	
N2NW4

	
80.0000

	
0.50000

	
40.0000

	 	
Dorothy l. Schaefer Living Trust

	
7/5/2011

	
12.50%

	
5

	
5


	
T31N

	
R56W

	
31

	
W2

	
320.0000

	
0.50000

	
160.0000

	 	
Dorothy l. Schaefer Living Trust

	
7/5/2011

	
12.50%

	
5

	
5


	
T32N

	
R56W

	
34

	
E2, SW4, E2NW4 (except 60 acres)

	
500.0000

	
0.50000

	
250.0000

	 	
Dorothy l. Schaefer Living Trust

	
7/5/2011

	
12.50%

	
5

	
5


	
T30N

	
R55W

	
02

	
NE4NE4, S2NE4, S2NW4, S2

	
520.0000

	
0.50000

	
260.0000

	 	
Elmus L. Corbin & Kathleen M. Nunn

	
7/6/2011

	
12.50%

	
5

	
5


	
T30N

	
R55W

	
11

	
N2NE4

	
80.0000

	
0.50000

	
40.0000

	 	
Elmus L. Corbin & Kathleen M. Nunn

	
7/6/2011

	
12.50%

	
5

	
5


	
T30N

	
R55W

	
19

	
N2, SE4

	
480.0000

	
0.50000

	
240.0000

	 	
Elmus L. Corbin & Kathleen M. Nunn

	
7/6/2011

	
12.50%

	
5

	
5


	
T30N

	
R56W

	
24

	
N2

	
320.0000

	
0.50000

	
160.0000

	 	
Elmus L. Corbin & Kathleen M. Nunn

	
7/6/2011

	
12.50%

	
5

	
5


	
T32N

	
R55W

	
31

	
All that part lying West of the county road as presently located

	
541.1600

	
1.00000

	
541.1600

	 	
Estate of Margaret Anderson

	
8/16/2011

	
12.50%

	
5

	
5


	
T31N

	
R56W

	
21

	
W2, SE4

	
480.0000

	
0.16667

	
80.0000

	 	
Gale F. Henry & Renee M. Henry

	
10/13/2011

	
12.50%

	
5

	
5


	
T31N

	
R56W

	
28

	
ALL

	
640.0000

	
0.16667

	
106.6667

	 	
Gale F. Henry & Renee M. Henry

	
10/13/2011

	
12.50%

	
5

	
5


	
T31N

	
R56W

	
32

	
S2NE4, SE4

	
240.0000

	
0.16667

	
40.0000

	 	
Gale F. Henry & Renee M. Henry

	
10/13/2011

	
12.50%

	
5

	
5


	
T31N

	
R56W

	
33

	
N2SE4

	
80.0000

	
0.16667

	
13.3333

	 	
Gale F. Henry & Renee M. Henry

	
10/13/2011

	
12.50%

	
5

	
5









 




  





4











  






 




	
Township

	
 Range

	
 Section

	
 Legal 


Description

	
Gross Acres

	
 Interest

	
Estimated Net

	 	
Lessor

	
Lease 


Date

	
Royalty

	
Lease Terms

	
Option


	
T30N

	
R56W

	
06

	
N2NW4

	
80.0000

	
0.50000

	
40.0000

	 	
Geroge B. Schaefer Living Trust

	
7/8/2011

	
12.50%

	
5

	
5


	
T31N

	
R55W

	
31

	
W2

	
320.0000

	
0.50000

	
160.0000

	 	
Geroge B. Schaefer Living Trust

	
7/8/2011

	
12.50%

	
5

	
5


	
T32N

	
R56W

	
34

	
E2, E2NW4, SW4, except 60 acres heretofore conveyed out of such SW4 to Sioux county Agriculture Society by a deed recorded in Book 1, Page 384 in the

	
500.0000

	
0.50000

	
250.0000

	 	
Geroge B. Schaefer Living Trust

	
7/8/2011

	
12.50%

	
5

	
5


	
T30N

	
R55W

	
06

	
S2, S2N2

	
469.0800

	
1.00000

	
469.0800

	 	
Gerald & Kathryn L. Griesse

	
7/28/2011

	
12.50%

	
5

	
5


	
T30N

	
R55W

	
07

	
All, except that part deeded to the State of Nebraska in Book A5, Page 409, County Clerk, Sioux County, Nebraska; and except that part deeded in Book A22, Page 399, Book A22, Page 400, and Book A22, Page 401

	
555.6400

	
1.00000

	
555.6400

	 	
Gerald & Kathryn L. Griesse

	
7/28/2011

	
12.50%

	
5

	
5


	
T30N

	
R55W

	
08

	
W2, W2E2

	
480.0000

	
1.00000

	
480.0000

	 	
Gerald & Kathryn L. Griesse

	
7/28/2011

	
12.50%

	
5

	
5


	
T31N

	
R55W

	
30

	
SW4

	
160.0000

	
1.00000

	
160.0000

	 	
Gerald & Kathryn L. Griesse

	
7/28/2011

	
12.50%

	
5

	
5


	
T31N

	
R56W

	
24

	
SE4

	
160.0000

	
1.00000

	
160.0000

	 	
Gerald & Kathryn L. Griesse

	
7/28/2011

	
12.50%

	
5

	
5


	
T31N

	
R56W

	
25

	
E2SW4

	
80.0000

	
1.00000

	
80.0000

	 	
Gerald & Kathryn L. Griesse

	
7/28/2011

	
12.50%

	
5

	
5


	
T31N

	
R56W

	
26

	
E2SW4, SE4

	
240.0000

	
1.00000

	
240.0000

	 	
Gerald & Kathryn L. Griesse

	
7/28/2011

	
12.50%

	
5

	
5


	
T31N

	
R56W

	
35

	
E2NW4, NE4, N2SE4

	
320.0000

	
1.00000

	
320.0000

	 	
Gerald & Kathryn L. Griesse

	
7/28/2011

	
12.50%

	
5

	
5


	
T30N

	
R57W

	
34

	
W2

	
320.0000

	
0.50000

	
160.0000

	 	
Gerald Anderson & Marlene Anderson

	
9/6/2011

	
12.50%

	
5

	
 5


	
T30N

	
R57W

	
35

	
All

	
640.0000

	
0.50000

	
320.0000

	 	
Gerald Anderson & Marlene Anderson

	
9/6/2011

	
12.50%

	
5

	
5


	
T29N

	
R56W

	
17

	
SW4

	
160.0000

	
0.06250

	
10.0000

	 	
Herbert B. Smith, Jr.

	
6/29/2011

	
12.50%

	
5

	
5


	
T29N

	
R56W

	
18

	
E2

	
320.0000

	
0.06250

	
20.0000

	 	
Herbert B. Smith, Jr.

	
6/29/2011

	
12.50%

	
5

	
5


	
T29N

	
R56W

	
19

	
E2

	
320.0000

	
0.06250

	
20.0000

	 	
Herbert B. Smith, Jr.

	
6/29/2011

	
12.50%

	
5

	
5


	
T29N

	
R56W

	
20

	
ALL

	
640.0000

	
0.06250

	
40.0000

	 	
Herbert B. Smith, Jr.

	
6/29/2011

	
12.50%

	
5

	
5


	
T29N

	
R56W

	
29

	
N2

	
320.0000

	
0.06250

	
20.0000

	 	
Herbert B. Smith, Jr.

	
6/29/2011

	
12.50%

	
5

	
5


	
T29N

	
R56W

	
30

	
Lots, 1, 2, 3, 4, E2W2, SW4 (also described as W2)

	
637.5200

	
0.02500

	
15.9380

	 	
Herbert B. Smith, Jr.

	
6/29/2011

	
12.50%

	
5

	
5


	
T29N

	
R57W

	
03

	
E2

	
320.0000

	
0.18750

	
60.0000

	 	
Herbert B. Smith, Jr.

	
6/29/2011

	
12.50%

	
5

	
5


	
T29N

	
R57W

	
09

	
E2

	
320.0000

	
0.18750

	
60.0000

	 	
Herbert B. Smith, Jr.

	
6/29/2011

	
12.50%

	
5

	
5


	
T29N

	
R57W

	
10

	
W2W2

	
160.0000

	
0.18125

	
29.0000

	 	
Herbert B. Smith, Jr.

	
6/29/2011

	
12.50%

	
5

	
5


	
T30N

	
R55W

	
30

	
SW4

	
157.0800

	
0.02083

	
3.2725

	 	
Herbert B. Smith, Jr.

	
6/29/2011

	
12.50%

	
5

	
5


	
T30N

	
R56W

	
25

	
S2

	
320.0000

	
0.02083

	
6.6667

	 	
Herbert B. Smith, Jr.

	
6/29/2011

	
12.50%

	
5

	
5









 


 




  





5











  






 




	
Township

	
 Range

	
 Section

	
 Legal 


Description

	
Gross Acres

	
 Interest

	
Estimated Net

	 	
Lessor

	
Lease 


Date

	
Royalty

	
Lease Terms

	
Option


	
T30N

	
R56W

	
08

	
ALL

	
640.0000

	
0.33333

	
213.3312

	 	
James L. Wickersham & Kathryn Wickersham

	
6/8/2011

	
12.50%

	
5

	
5


	
T30N

	
R57W

	
11

	
SE4SW4, S2SE4

	
120.0000

	
0.33333

	
39.9996

	 	
Jodie Kay Grimm

	
7/27/2011

	
12.50%

	
5

	
5


	
T30N

	
R57W

	
13

	
ALL

	
640.0000

	
0.33333

	
213.3312

	 	
Jodie Kay Grimm

	
7/27/2011

	
12.50%

	
5

	
5


	
T30N

	
R57W

	
14

	
ALL

	
640.0000

	
0.33333

	
213.3312

	 	
Jodie Kay Grimm

	
7/27/2011

	
12.50%

	
5

	
5


	
T30N

	
R57W

	
23

	
ALL

	
640.0000

	
0.33333

	
213.3312

	 	
Jodie Kay Grimm

	
7/27/2011

	
12.50%

	
5

	
5


	
T30N

	
R57W

	
24

	
ALL

	
640.0000

	
0.33333

	
213.3312

	 	
Jodie Kay Grimm

	
7/27/2011

	
12.50%

	
5

	
5


	
T30N

	
R57W

	
25

	
W2W2

	
160.0000

	
0.33333

	
53.3328

	 	
Jodie Kay Grimm

	
7/27/2011

	
12.50%

	
5

	
5


	
T30N

	
R57W

	
26

	
SE4, N2

	
480.0000

	
0.33333

	
159.9984

	 	
Jodie Kay Grimm

	
7/27/2011

	
12.50%

	
5

	
5


	
T30N

	
R57W

	
27

	
Part of the NE4NE4

	
5.1000

	
0.33333

	
1.7000

	 	
Jodie Kay Grimm

	
7/27/2011

	
12.50%

	
5

	
5


	
T31N

	
R56W

	
09

	
E2SE4SE4

	
20.0000

	
0.06250

	
1.2500

	 	
Joe K. Bixler

	
5/24/2011

	
12.50%

	
5

	
5


	
T31N

	
R56W

	
10

	
S2SW4

	
80.0000

	
0.06250

	
5.0000

	 	
Joe K. Bixler

	
5/24/2011

	
12.50%

	
5

	
5


	
T31N

	
R56W

	
13

	
N2, SW4, W2SE4

	
560.0000

	
0.06250

	
35.0000

	 	
Joe K. Bixler

	
5/24/2011

	
12.50%

	
5

	
 5


	
T31N

	
R56W

	
14

	
ALL

	
640.0000

	
0.06250

	
40.0000

	 	
Joe K. Bixler

	
5/24/2011

	
12.50%

	
5

	
5


	
T31N

	
R56W

	
15

	
ALL

	
640.0000

	
0.06250

	
40.0000

	 	
Joe K. Bixler

	
5/24/2011

	
12.50%

	
5

	
5


	
T31N

	
R56W

	
22

	
ALL

	
640.0000

	
0.06250

	
40.0000

	 	
Joe K. Bixler

	
5/24/2011

	
12.50%

	
5

	
5


	
T31N

	
R56W

	
23

	
ALL

	
640.0000

	
0.06250

	
40.0000

	 	
Joe K. Bixler

	
5/24/2011

	
12.50%

	
5

	
5


	
T31N

	
R56W

	
24

	
W2, NE4

	
480.0000

	
0.06250

	
30.0000

	 	
Joe K. Bixler

	
5/24/2011

	
12.50%

	
5

	
5


	
T31N

	
R56W

	
25

	
NW4

	
160.0000

	
0.06250

	
10.0000

	 	
Joe K. Bixler

	
5/24/2011

	
12.50%

	
5

	
5


	
T31N

	
R56W

	
26

	
N2

	
320.0000

	
0.06250

	
20.0000

	 	
Joe K. Bixler

	
5/24/2011

	
12.50%

	
5

	
5


	
T31N

	
R56W

	
27

	
ALL

	
640.0000

	
0.06250

	
40.0000

	 	
Joe K. Bixler

	
5/24/2011

	
12.50%

	
5

	
5


	
T31N

	
R56W

	
01

	
NW4

	
160.0000

	
1.00000

	
160.0000

	 	
Joe L. Whiteaker & Tonita l. Whiteaker

	
9/8/2011

	
12.50%

	
5

	
5


	
T31N

	
R56W

	
10

	
SE4

	
160.0000

	
1.00000

	
160.0000

	 	
Joe L. Whiteaker & Tonita l. Whiteaker

	
9/8/2011

	
12.50%

	
5

	
5


	
T30N

	
R57W

	
11

	
SE4SW4, S2SE4

	
120.0000

	
0.33333

	
39.9996

	 	
John M. Powell

	
9/7/2011

	
12.50%

	
5

	
5


	
T30N

	
R57W

	
13

	
ALL

	
640.0000

	
0.33333

	
213.3312

	 	
John M. Powell

	
9/7/2011

	
12.50%

	
5

	
5


	
T30N

	
R57W

	
14

	
ALL

	
640.0000

	
0.33333

	
213.3312

	 	
John M. Powell

	
9/7/2011

	
12.50%

	
5

	
5









 


 




  





6











  






 




	
Township

	
 Range

	
 Section

	
 Legal 


Description

	
Gross Acres

	
 Interest

	
Estimated Net

	 	
Lessor

	
Lease 


Date

	
Royalty

	
Lease Terms

	
Option


	
T30N

	
R57W

	
23

	
ALL

	
640.0000

	
0.33333

	
213.3312

	 	
John M. Powell

	
9/7/2011

	
12.50%

	
5

	
5


	
T30N

	
R57W

	
24

	
ALL

	
640.0000

	
0.33333

	
213.3312

	 	
John M. Powell

	
9/7/2011

	
12.50%

	
5

	
5


	
T30N

	
R57W

	
25

	
W2W2

	
160.0000

	
0.33333

	
53.3328

	 	
John M. Powell

	
9/7/2011

	
12.50%

	
5

	
5


	
T30N

	
R57W

	
26

	
SE4, N2

	
480.0000

	
0.33333

	
159.9984

	 	
John M. Powell

	
9/7/2011

	
12.50%

	
5

	
5


	
T30N

	
R57W

	
27

	
Part of the NE4NE4

	
5.1000

	
0.33333

	
1.7000

	 	
John M. Powell

	
9/7/2011

	
12.50%

	
5

	
5


	
T30N

	
R55W

	
 18

	
ALL

	
618.8500

	
0.50000

	
309.4250

	 	
Lea Lu Taylor

	
6/14/2011

	
12.50%

	
5

	
5


	
T31N

	
R55W

	
05

	
N2

	
320.0000

	
1.00000

	
320.0000

	 	
Marie Piper

	
6/7/2011

	
12.50%

	
5

	
5


	
T32N

	
R55W

	
31

	
All that part lying east of the county road as presently located

	
99.0000

	
1.00000

	
99.0000

	 	
Marie Piper

	
6/7/2011

	
12.50%

	
5

	
5


	
T32N

	
R55W

	
32

	
W2W2

	
160.0000

	

1.00000



	
160.0000

	 	
Marie Piper

	
6/7/2011

	
12.50%

	
5

	
5


	
T30N

	
R56W

	
03

	
All of that portion of the SW2 lying southwest of State Hwy. No. 29 as presently located

	
36.7300

	
1.00000

	
36.7300

	 	
Michael Zimmerman

	
8/15/2011

	
12.50%

	
5

	
5


	
T30N

	
R56W

	
04

	
All of that portion of the SE4SE4 lying East of hard surface county road as presently located

	
16.9600

	
1.00000

	
16.9600

	 	
Michael Zimmerman

	
8/15/2011

	
12.50%

	
5

	
5


	
T30N

	
R56W

	
09

	
All of that portion of the E2NE4 and the NE4SE4 lying east of hard surface county road as presently located

	
9.0000

	
1.00000

	
9.0000

	 	
Michael Zimmerman

	
8/15/2011

	
12.50%

	
5

	
 5


	
T30N

	
R56W

	
10

	
All except 4.29 acres

	
635.7100

	
1.00000

	
635.7100

	 	
Michael Zimmerman

	
8/15/2011

	
12.50%

	
5

	
5


	
T31N

	
R56W

	
09

	
E2SE4SE4

	
20.0000

	
0.50000

	
10.0000

	 	
Parsons Land &Cattle Co.

	
5/17/2011

	
12.50%

	
5

	
5


	
T31N

	
R56W

	
10

	
S2SW4

	
80.0000

	
0.50000

	
40.0000

	 	
Parsons Land &Cattle Co.

	
5/17/2011

	
12.50%

	
5

	
5


	
T31N

	
R56W

	
13

	
A strip of land in the SE4SE4, being more particularly described in Warranty deed found at Book A16, Page 108

	
2.0000

	
1.00000

	
2.0000

	 	
Parsons Land &Cattle Co.

	
5/17/2011

	
12.50%

	
5

	
5


	
T31N

	
R56W

	
13

	
N2, SW4, W2SE4

	
560.0000

	
0.50000

	
280.0000

	 	
Parsons Land &Cattle Co.

	
5/17/2011

	
12.50%

	
5

	
5


	
T31N

	
R56W

	
14

	
ALL

	
640.0000

	
0.50000

	
320.0000

	 	
Parsons Land &Cattle Co.

	
5/17/2011

	
12.50%

	
5

	
5


	
T31N

	
R56W

	
15

	
ALL

	
640.0000

	
0.50000

	
320.0000

	 	
Parsons Land &Cattle Co.

	
5/17/2011

	
12.50%

	
5

	
5


	
T31N

	
R56W

	
22

	
ALL

	
640.0000

	
0.50000

	
320.0000

	 	
Parsons Land &Cattle Co.

	
5/17/2011

	
12.50%

	
5

	
5


	
T31N

	
R56W

	
23

	
ALL

	
640.0000

	
0.50000

	
320.0000

	 	
Parsons Land &Cattle Co.

	
5/17/2011

	
12.50%

	
5

	
5


	
T31N

	
R56W

	
24

	
W2, E2NE4

	
400.0000

	
0.50000

	
200.0000

	 	
Parsons Land &Cattle Co.

	
5/17/2011

	
12.50%

	
5

	
5


	
T31N

	
R56W

	
25

	
NW4

	
160.0000

	
0.50000

	
80.0000

	 	
Parsons Land &Cattle Co.

	
5/17/2011

	
12.50%

	
5

	
5


	
T31N

	
R56W

	
26

	
N2

	
320.0000

	
0.50000

	
160.0000

	 	
Parsons Land &Cattle Co.

	
5/17/2011

	
12.50%

	
5

	
5









 


 




  





7











  






 




	
Township

	
 Range

	
 Section

	
 Legal 


Description

	
Gross Acres

	
 Interest

	
Estimated Net

	 	
Lessor

	
Lease 


Date

	
Royalty

	
Lease Terms

	
Option


	
T31N

	
R56W

	
27

	
ALL

	
640.0000

	
0.50000

	
320.0000

	 	
Parsons Land &Cattle Co.

	
5/17/2011

	
12.50%

	
5

	
5


	
T31N

	
R56W

	
05

	
W2

	
320.0000

	
1.00000

	
320.0000

	 	
Philip & Rosemary Henry

	
8/2/2011

	
12.50%

	
5

	
5


	
T31N

	
R56W

	
06

	
ALL

	
640.0000

	
1.00000

	
640.0000

	 	
Philip & Rosemary Henry

	
8/2/2011

	
12.50%

	
5

	
5


	
T31N

	
R56W

	
10

	
N2, NW4, 41 acres, more or less, that part of the NE4 lying south of the right-of-way of U.S. Highway No. 20

	
120.0800

	
1.00000

	
120.0800

	 	
Philip & Rosemary Henry

	
8/2/2011

	
12.50%

	
5

	
5


	
T30N

	
R56W

	
05

	
Lots 1, 2, S2NW4, S2

	
480.0800

	
1.00000

	
480.0800

	 	
Phyllis Jean Dout Ranch & Cattle Company, Inc.

	
9/7/2011

	
12.50%

	
5

	
5


	
T30N

	
R56W

	
06

	
SE4

	
160.0000

	
1.00000

	
160.0000

	 	
Phyllis Jean Dout Ranch & Cattle Company, Inc.

	
9/7/2011

	
12.50%

	
5

	
5


	
T31N

	
R56W

	
29

	
W2

	
320.0000

	
1.00000

	
320.0000

	 	
Phyllis Jean Dout Ranch & Cattle Company, Inc.

	
9/7/2011

	
12.50%

	
5

	
5


	
T31N

	
R56W

	
30

	
E2

	
320.0000

	
1.00000

	
320.0000

	 	
Phyllis Jean Dout Ranch & Cattle Company, Inc.

	
9/7/2011

	
12.50%

	
5

	
5


	
T31N

	
R56W

	
32

	
W2W2NE4, W2, SE4

	
40.0000

	
1.00000

	
40.0000

	 	
Phyllis Jean Dout Ranch & Cattle Company, Inc.

	
9/7/2011

	
12.50%

	
5

	
5


	
T31N

	
R56W

	
33

	
SW4

	
160.0000

	
1.00000

	
160.0000

	 	
Phyllis Jean Dout Ranch & Cattle Company, Inc.

	
9/7/2011

	
12.50%

	
5

	
5


	
T31N

	
R56W

	
03

	
Part of the NW4

	
145.4600

	
1.00000

	
145.4600

	 	
Pullen Family Trust

	
9/3/2011

	
12.50%

	
5

	
5


	
T31N

	
R56W

	
04

	
Part of the N2SW4, part of the NW, part of the S2S2, NE4, and part of the N2SE

	
382.8600

	
1.00000

	
382.8600

	 	
Pullen Family Trust

	
9/3/2011

	
12.50%

	
5

	
 5


	
T31N

	
R56W

	
05

	
NE4, part of the SE

	
308.1100

	
1.00000

	
308.1100

	 	
Pullen Family Trust

	
9/3/2011

	
12.50%

	
5

	
5


	
T32N

	
R56W

	
28

	
SE

	
160.0000

	
1.00000

	
160.0000

	 	
Pullen Family Trust

	
9/3/2011

	
12.50%

	
5

	
5


	
T32N

	
R56W

	
33

	
E2, SENW, E2SW

	
440.0000

	
1.00000

	
440.0000

	 	
Pullen Family Trust

	
9/3/2011

	
12.50%

	
5

	
5


	
T31N

	
R56W

	
19

	
SW4NE4, NW4, S2

	
520.0000

	
1.00000

	
520.0000

	 	
Raymond Semroska

	
7/20/2011

	
12.50%

	
5

	
5


	
T31N

	
R56W

	
20

	
SW4

	
160.0000

	
1.00000

	
160.0000

	 	
Raymond Semroska

	
7/20/2011

	
12.50%

	
5

	
5


	
T31N

	
R56W

	
30

	
NW4

	
160.0000

	
1.00000

	
160.0000

	 	
Raymond Semroska

	
7/20/2011

	
12.50%

	
5

	
5


	
T31N

	
R57W

	
13

	
W2SW4

	
80.0000

	
1.00000

	
80.0000

	 	
Raymond Semroska

	
7/20/2011

	
12.50%

	
5

	
5


	
T31N

	
R57W

	
14

	
S2

	
320.0000

	
1.00000

	
320.0000

	 	
Raymond Semroska

	
7/20/2011

	
12.50%

	
5

	
5


	
T31N

	
R57W

	
24

	
ALL

	
640.0000

	
1.00000

	
640.0000

	 	
Raymond Semroska

	
7/20/2011

	
12.50%

	
5

	
5


	
T31N

	
R57W

	
25

	
E2NE4

	
80.0000

	
1.00000

	
80.0000

	 	
Raymond Semroska

	
7/20/2011

	
12.50%

	
5

	
5


	
T30N

	
R56W

	
04

	
NW4, S2, except that portion of the S2 lying east of the hard surface county road

	
623.0400

	
1.00000

	
623.0400

	 	
Robert H. & Toni S. Hatch Family Trust

	
7/21/2011

	
12.50%

	
5

	
5


	
T30N

	
R56W

	
09

	
All, except that portion of section 9 lying east of the hard surfaced county road.

	
631.0000

	
1.00000

	
631.0000

	 	
Robert H. & Toni S. Hatch Family Trust

	
7/21/2011

	  	  	  







 


 




  





8











  






 


 




	
Township

	
 Range

	
 Section

	
 Legal 


Description

	
Gross Acres

	
 Interest

	
Estimated Net

	 	
Lessor

	
Lease 


Date

	
Royalty

	
Lease Terms

	
Option


	
T32N

	
R55W

	
30

	
Lots 1, 2, 3, 4, and E1⁄2SW1⁄4; less that part conveyed by Quitclaim Deed recorded in Book A-18, Page 515 of Deed Records, Office of the County Clerk of Sioux County; all that part of the NE1⁄4SW1⁄4 and the W1⁄2NW1⁄4 (Lots 1 & 2) conveyed to Elaine Rabe as Grantee by Quitclaim Deed recorded in Book A-18, Page 516 OF Deed Records, Office of the County Clerk of Sioux County.

	
238.5600

	
0.50000

	
119.2800

	 	
Robyn C. Hospodka

	
6/22/2011

	
12.50%

	
5

	
5


	
T32N

	
R56W

	
24

	
S1⁄2SE1⁄4; except 16 acres conveyed by Warranty Deed recorded in Book A-18, Page 107 of Deed Records and that part conveyed by Quitclaim Deed recorded in Book A-18, Page 515 of Deed Records, Office of the County Clerk of Sioux County.

	
56.0000

	
0.50000

	
28.0000

	 	
Robyn C. Hospodka

	
6/22/2011

	
12.50%

	
5

	
5


	
T32N

	
R56W

	
25

	
E1⁄2NW1⁄4, N1⁄2SW1⁄4, E1⁄2; except that part of the E1⁄2 conveyed by Quitclaim Deed recorded in Book A-18, Page 515 of Deed Records, Office of the County Clerk of Sioux County.

	
473.1000

	
0.50000

	
236.5500

	 	
Robyn C. Hospodka

	
6/22/2011

	
12.50%

	
5

	
5


	
T32N

	
R56W

	
26

	
NE4SE4

	
40.0000

	
0.50000

	
20.0000

	 	
Robyn C. Hospodka

	
6/22/2011

	
12.50%

	
5

	
5


	
T29N

	
R57W

	
01

	
E2

	
319.8100

	
0.50000

	
159.9050

	 	
Rodney & Laura Gray

	
7/8/2011

	
12.50%

	
5

	
5


	
T29N

	
R57W

	
01

	
W2

	
319.4300

	
0.25000

	
79.8575

	 	
Rodney & Laura Gray

	
7/8/2011

	
12.50%

	
5

	
5


	
T29N

	
R57W

	
02

	
NE4

	
159.1200

	
0.25000

	
39.7800

	 	
Rodney & Laura Gray

	
7/8/2011

	
12.50%

	
5

	
5


	
T29N

	
R57W

	
12

	
NW

	
160.0000

	
0.25000

	
40.0000

	 	
Rodney & Laura Gray

	
7/8/2011

	
12.50%

	
5

	
5


	
T29N

	
R57W

	
12

	
SW, W2E2

	
240.0000

	
0.50000

	
120.0000

	 	
Rodney & Laura Gray

	
7/8/2011

	
12.50%

	
5

	
5


	
T29N

	
R57W

	
14

	
N2, N2S2

	
480.0000

	
0.50000

	
240.0000

	 	
Rodney & Laura Gray

	
7/8/2011

	
12.50%

	
5

	
5


	
T29N

	
R57W

	
25

	
E2, E2W2

	
480.0000

	
1.00000

	
480.0000

	 	
Rodney & Laura Gray

	
7/8/2011

	
12.50%

	
5

	
5


	
T32N

	
R55W

	
30

	
Lots 1, 2, 3, 4, and E1⁄2SW1⁄4; less that part conveyed by Quitclaim Deed recorded in Book A-18, Page 515 of Deed Records, Office of the County Clerk of Sioux County; all that part of the NE1⁄4SW1⁄4 and the W1⁄2NW1⁄4 (Lots 1 & 2) conveyed to Elaine Rabe as Grantee by Quitclaim Deed recorded in Book A-18, Page 516 OF Deed Records, Office of the County Clerk of Sioux County.

	
238.5600

	
0.50000

	
119.2800

	 	
Ronda Rabe Hausenauer

	
6/22/2011

	
12.50%

	
5

	
 5


	
T32N

	
R56W

	
24

	
S2SE4, except 16 acres

	
64.0000

	
1.00000

	
64.0000

	 	
Ronda Rabe Hausenauer

	
6/22/2011

	
12.50%

	
5

	
5


	
T32N

	
R56W

	
25

	
E1⁄2NW1⁄4, N1⁄2SW1⁄4, E1⁄2; except that part of the E1⁄2 conveyed by Quitclaim Deed recorded in Book A-18, Page 515 of Deed Records, Office of the County Clerk of Sioux County.

	
473.1000

	
0.50000

	
236.5500

	 	
Ronda Rabe Hausenauer

	
6/22/2011

	
12.50%

	
5

	
5


	
T32N

	
R56W

	
26

	
NE4SE4

	
40.0000

	
0.50000

	
20.0000

	 	
Ronda Rabe Hausenauer

	
6/22/2011

	
12.50%

	
5

	
5


	
T31N

	
R56W

	
09

	
E2SE4SE4

	
20.0000

	
0.12500

	
2.5000

	 	
Sam Sturman

	
5/24/2011

	
12.50%

	
5

	
5


	
T31N

	
R56W

	
10

	
S2SW4

	
80.0000

	
0.12500

	
10.0000

	 	
Sam Sturman

	
5/24/2011

	
12.50%

	
5

	
5


	
T31N

	
R56W

	
13

	
N2, SW4, W2SE4

	
560.0000

	
0.12500

	
70.0000

	 	
Sam Sturman

	
5/24/2011

	
12.50%

	
5

	
5









 




  





9











  






 




	
Township

	
 Range

	
 Section

	
 Legal 


Description

	
Gross Acres

	
 Interest

	
Estimated Net

	 	
Lessor

	
Lease 


Date

	
Royalty

	
Lease Terms

	
Option


	
T31N

	
R56W

	
14

	
ALL

	
640.0000

	
0.12500

	
80.0000

	 	
Sam Sturman

	
5/24/2011

	
12.50%

	
5

	
5


	
T31N

	
R56W

	
15

	
ALL

	
640.0000

	
0.12500

	
80.0000

	 	
Sam Sturman

	
5/24/2011

	
12.50%

	
5

	
5


	
T31N

	
R56W

	
22

	
ALL

	
640.0000

	
0.12500

	
80.0000

	 	
Sam Sturman

	
5/24/2011

	
12.50%

	
5

	
5


	
T31N

	
R56W

	
23

	
ALL

	
640.0000

	
0.12500

	
80.0000

	 	
Sam Sturman

	
5/24/2011

	
12.50%

	
5

	
5


	
T31N

	

R56W



	
24

	
W2, NE4

	
480.0000

	
0.12500

	
60.0000

	 	
Sam Sturman

	
5/24/2011

	
12.50%

	
5

	
5


	
T31N

	

R56W



	
25

	
NW4

	
160.0000

	
0.12500

	
20.0000

	 	
Sam Sturman

	
5/24/2011

	
12.50%

	
5

	
5


	
T31N

	

R56W



	
26

	
N2

	
320.0000

	
0.12500

	
40.0000

	 	
Sam Sturman

	
5/24/2011

	
12.50%

	
5

	
5


	
T31N

	

R56W



	
27

	
ALL

	
640.0000

	
0.12500

	
80.0000

	 	
Sam Sturman

	
5/24/2011

	
12.50%

	
5

	
5


	
T31N

	

R56W



	
03

	
Part of the SESE

	
6.4300

	
1.00000

	
6.4300

	 	
Martha Jayne Schnurr Trust, et al

	
9/5/2011

	
12.50%

	
5

	
5


	
T31N

	

R56W



	
10

	
Part of the E2NE

	
67.0000

	
1.00000

	
67.0000

	 	
Martha Jayne Schnurr Trust, et al

	
9/5/2011

	
12.50%

	
5

	
5


	
T31N

	

R56W



	
11

	
All

	
640.0000

	
1.00000

	
640.0000

	 	
Martha Jayne Schnurr Trust, et al

	
9/5/2011

	
12.50%

	
5

	
5


	
T31N

	

R56W



	
12

	
NW4, SW4, part of the SE4, part of the SENE, part of the W2NE and all that south of RR

	
508.0000

	
1.00000

	
508.0000

	 	
Martha Jayne Schnurr Trust, et al

	
9/5/2011

	
12.50%

	
5

	
 5


	
T31N

	
R55W

	
04

	
Part of the SW4 lying south of the highway

	
22.0800

	
1.00000

	
22.0800

	 	
Shirley Schaefer

	
8/3/2011

	
12.50%

	
5

	
5


	
T31N

	
R55W

	
05

	
Part of the S2 lying south of the highway

	
272.3700

	
1.00000

	
272.3700

	 	
Shirley Schaefer

	
8/3/2011

	
12.50%

	
5

	
5


	
T31N

	
R55W

	
07

	
NE4, Part of the N2SE4, lying north of the railroad

	
206.6000

	
1.00000

	
206.6000

	 	
Shirley Schaefer

	
8/3/2011

	
12.50%

	
5

	
5


	
T31N

	
R55W

	
08

	
N2, N2SW4, north of the railroad

	
356.9300

	
1.00000

	
356.9300

	 	
Shirley Schaefer

	
8/3/2011

	
12.50%

	
5

	
5


	
T32N

	
R56W

	
29

	
S2NW4, SW4

	
240.0000

	
1.00000

	
240.0000

	 	
Shirley Schaefer

	
8/3/2011

	
12.50%

	
5

	
5


	
T32N

	
R56W

	
30

	
SE4

	
160.0000

	
1.00000

	
160.0000

	 	
Shirley Schaefer

	
8/3/2011

	
12.50%

	
5

	
5


	
T32N

	
R56W

	
32

	
NW4, NE4, S2

	
640.0000

	
1.00000

	
640.0000

	 	
Shirley Schaefer

	
8/3/2011

	
12.50%

	
5

	
5


	
T32N

	
R56W

	
33

	
SW4NW4, W2SE4

	
120.0000

	
1.00000

	
120.0000

	 	
Shirley Schaefer

	
8/3/2011

	
12.50%

	
5

	
5


	
T31N

	
R57W

	
35

	
S2SE4SE4

	
20.0000

	
1.00000

	
20.0000

	 	
Susan Viguie & David Viguie (Under the name "Viguie Family Trust)

	
6/14/2011

	
12.50%

	
5

	
5


	
T30N

	
R57W

	
02

	
Lot 1 (40.20), SE4NE4, NE4SE4, S2NW4, N2SW4, SW4NE4, NW4SE4

	
360.2000

	
1.00000

	
360.2000

	 	
Susan Viguie & David Viguie (Under the name "Viguie Family Trust)

	
6/14/2011

	
12.50%

	
5

	
5









 


 




  





10











  






 




	
Township

	
 Range

	
 Section

	
 Legal 


Description

	
Gross Acres

	
 Interest

	
Estimated Net

	 	
Lessor

	
Lease 


Date

	
Royalty

	
Lease Terms

	
Option


	
T30N

	
R56W

	
01

	
All

	
640.0000

	
1.00000

	
640.0000

	 	
Susanne Lois (Reece) Mack

	
9/4/2011

	
12.50%

	
5

	
5


	
T30N

	
R56W

	
02

	
E2

	
320.0000

	
1.00000

	
320.0000

	 	
Susanne Lois (Reece) Mack

	
9/4/2011

	
12.50%

	
5

	
5


	
T30N

	
R55W

	
18

	
ALL

	
618.8500

	
0.50000

	
309.4250

	 	
The Herrick Family Trust

	
6/22/2011

	
12.50%

	
5

	
5


	
T30N

	
R57W

	
02

	
S2SW4

	
80.0000

	
1.00000

	
80.0000

	 	
Todd Semroska Sharon Semroska

	
8/2/2011

	
12.50%

	
5

	
5


	
T30N

	
R57W

	
03

	
ALL

	
640.0000

	
1.00000

	
640.0000

	 	
Todd Semroska Sharon Semroska

	
8/2/2011

	
12.50%

	
5

	
5


	
T30N

	
R57W

	
10

	
ALL

	
640.0000

	
1.00000

	
640.0000

	 	
Todd Semroska Sharon Semroska

	
8/2/2011

	
12.50%

	
5

	
5


	
T30N

	
R57W

	
11

	
NW4, N2SW4, SW4SW4

	
280.0000

	
1.00000

	
280.0000

	 	
Todd Semroska Sharon Semroska

	
8/2/2011

	
12.50%

	
5

	
5


	
T30N

	
R56W

	
08

	
ALL

	
640.0000

	
0.33333

	
213.3312

	 	
Virginia Sides

	
6/10/2011

	
12.50%

	
5

	
5


	
T30N

	
R56W

	
08

	
ALL

	
640.0000

	
0.33333

	
213.3312

	 	
William S. Wickersham & Sandra K. Schofield

	
5/23/2011

	
12.50%

	
5

	
5


	
T29N

	
R57W

	
01

	
All

	
639.2400

	
0.50000

	
319.6200

	 	
Windac Corporation

	
7/12/2011

	
12.50%

	
5

	
5


	
T29N

	
R57W

	
02

	
NE4

	
159.1200

	
0.25000

	
39.7800

	 	
Windac Corporation

	
7/12/2011

	
12.50%

	
5

	
5


	
T29N

	
R57W

	
12

	
NW4

	
160.0000

	
0.25000

	
40.0000

	 	
Windac Corporation

	
7/12/2011

	
12.50%

	
5

	
 5


	
T29N

	
R57W

	
12

	
SW4, W2E2

	
240.0000

	
0.50000

	
120.0000

	 	
Windac Corporation

	
7/12/2011

	
12.50%

	
5

	
5


	
T29N

	
R57W

	
14

	
N2, N2S2

	
480.0000

	
0.50000

	
240.0000

	 	
Windac Corporation

	
7/12/2011

	
12.50%

	
5

	
5


	
T30N

	
R57W

	
25

	
E2, W2W2

	
480.0000

	
0.50000

	
240.0000

	 	
Windac Corporation

	
7/12/2011

	
12.50%

	
5

	
5


	
T30N

	
R56W

	
16

	
ALL

	
640.0000

	
1.00000

	
640.0000

	 	
State of Nebraska

	
11/4/2011

	
16.66%

	
5

	  
	
T30N

	
R56W

	
36

	
ALL

	
640.0000

	
1.00000

	
640.0000

	 	
State of Nebraska

	
11/4/2011

	
16.66%

	
5

	  
	
T31N

	
R56W

	
16

	
ALL

	
640.0000

	
1.00000

	
640.0000

	 	
State of Nebraska

	
11/4/2011

	
16.66%

	
5

	  
	
T31N

	
R56W

	
36

	
ALL

	
640.0000

	
1.00000

	
640.0000

	 	
State of Nebraska

	
11/4/2011

	
16.66%

	
5

	  
	
T32N

	
R56W

	
36

	
ALL

	
640.0000

	
1.00000

	
640.0000

	 	
State of Nebraska

	
11/4/2011

	
16.66%

	
5

	  
	
T30N

	
R57W

	
16

	
ALL

	
640.0000

	
1.00000

	
640.0000

	 	
State of Nebraska

	
11/4/2011

	
16.66%

	
5

	  







 


 




  





11











  






 




	
Township

	
 Range

	
 Section

	
 Legal 


Description

	
Gross Acres

	
 Interest

	
Estimated Net

	 	
Lessor

	
Lease 


Date

	
Royalty

	
Lease Terms

	
Option


	
T30N

	
R57W

	
36

	
ALL

	
640.0000

	
1.00000

	
640.0000

	 	
State of Nebraska

	
11/4/2011

	
16.66%

	
5

	  
	
T31N

	
R57W

	
36

	
ALL except SW4SW4

	
600.0000

	
1.00000

	
600.0000

	 	
State of Nebraska

	
11/4/2011

	
16.66%

	
5

	  
	
T32N

	
R57W

	
36

	
ALL

	
640.0000

	
1.00000

	
640.0000

	 	
State of Nebraska

	
11/4/2011

	
16.66%

	
5

	  







 


 


 12