Document:

Exhibit 10.1

 

Execution Version

 

SECURED TERM CREDIT AGREEMENT

 

DATED AS OF

 

FEBRUARY 1, 2018

 

AMONG

 

PETROSHARE CORP.,
 AS BORROWER,

 

PROVIDENCE WATTENBERG, LP, as a Lender and Administrative Agent and

 

5NR WATTENBERG, LLC, as a Lender

 

 

TABLE OF CONTENTS

 

	
 
    	
 
    	
Page
    
	
 
    	
 
    	
 
    
	
ANNEXES,   EXHIBITS AND SCHEDULES
    	
iii
    
	
ARTICLE I.   Definitions and Accounting Matters
    	
1
    
	
1.01
    	
Terms Defined Above
    	
1
    
	
1.02
    	
Certain Defined Terms
    	
1
    
	
1.03
    	
Terms Generally; Rules of   Construction
    	
19
    
	
1.04
    	
Accounting Terms and   Determinations; GAAP
    	
20
    
	
ARTICLE II.   The Credits; Payments of principal and interest; fees
    	
20
    
	
2.01
    	
The Term Loan
    	
20
    
	
2.02
    	
Availability and Purpose of   Advances
    	
20
    
	
2.03
    	
Note
    	
22
    
	
2.04
    	
Protective Advances
    	
22
    
	
2.05
    	
Repayment of Term Loans
    	
22
    
	
2.06
    	
Interest
    	
23
    
	
2.07
    	
Fees
    	
23
    
	
2.08
    	
Payments Generally
    	
23
    
	
ARTICLE III.   Prepayment
    	
24
    
	
3.01
    	
Prepayment
    	
24
    
	
3.02
    	
Make-Whole Premium
    	
24
    
	
ARTICLE IV.   Security; Other Rights Of Lender
    	
25
    
	
4.01
    	
Security; Additional Collateral;   Release
    	
25
    
	
4.02
    	
Observer Rights
    	
26
    
	
ARTICLE V.   Conditions Precedent
    	
26
    
	
5.01
    	
Closing Date
    	
26
    
	
ARTICLE VI.   Representations and Warranties
    	
29
    
	
6.01
    	
Organization; Powers
    	
29
    
	
6.02
    	
Authority; Enforceability
    	
29
    
	
6.03
    	
Approvals; No Conflicts
    	
30
    
	
6.04
    	
Financial Information; Financial   Condition; No Material Adverse Change
    	
30
    
	
6.05
    	
Litigation
    	
30
    
	
6.06
    	
Environmental Matters
    	
31
    
	
6.07
    	
Compliance with the Laws and   Agreements; No Defaults
    	
32
    
	
6.08
    	
Investment Company Act
    	
32
    
	
6.09
    	
Taxes
    	
32
    
	
6.10
    	
Disclosure; No Material   Misstatements
    	
32
    
	
6.11
    	
Insurance
    	
32
    
	
6.12
    	
Subsidiaries; Equity Interests
    	
33
    
	
6.13
    	
Properties; Title, Etc.
    	
33
    
	
6.14
    	
Maintenance of Properties
    	
34
    
	
6.15
    	
Commissions; Expenses
    	
34
    
	
6.16
    	
ERISA
    	
34
    
	
6.17
    	
Solvency
    	
35
    
	
6.18
    	
Employment Matters
    	
35
    
	
6.19
    	
Margin Stock
    	
35
    
	
6.20
    	
Gas Imbalances; Prepayments
    	
35
    
	
6.21
    	
Swap Agreements
    	
35
    
	
6.22
    	
USA PATRIOT Act
    	
35
    
	
ARTICLE VII.   Affirmative Covenants
    	
35
    
	
7.01
    	
Financial Statements; Other   Reporting and Information
    	
35
    

 

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7.02
    	
Notices of Material Events
    	
38
    
	
7.03
    	
Existence; Conduct of Business
    	
38
    
	
7.04
    	
Payment of Obligations
    	
38
    
	
7.05
    	
Operation and Maintenance of   Properties
    	
39
    
	
7.06
    	
Insurance
    	
39
    
	
7.07
    	
Books and Records; Inspection   Rights
    	
40
    
	
7.08
    	
Compliance with Laws
    	
40
    
	
7.09
    	
Use of Proceeds
    	
40
    
	
7.10
    	
Environmental Matters
    	
40
    
	
7.11
    	
Further Assurances
    	
40
    
	
7.12
    	
Reserve Reports
    	
41
    
	
7.13
    	
Creditors
    	
42
    
	
7.14
    	
Conversion Rights
    	
42
    
	
7.15
    	
Share Purchase Option-Private   Placement
    	
44
    
	
7.16
    	
Securities Purchase Option
    	
44
    
	
7.17
    	
Lenders’ Warrants
    	
45
    
	
7.18
    	
Borrower Covenants with Respect   to the Common Stock
    	
45
    
	
7.19
    	
Board of Directors Rights
    	
46
    
	
7.20
    	
Additional Guarantors
    	
46
    
	
7.21
    	
Tax Reporting
    	
46
    
	
7.22
    	
Post-Closing Requirement
    	
46
    
	
ARTICLE VIII.   Negative Covenants
    	
47
    
	
8.01
    	
Financial Covenants
    	
47
    
	
8.02
    	
Debt
    	
47
    
	
8.03
    	
Liens
    	
49
    
	
8.04
    	
Investments, Loans and Advances
    	
49
    
	
8.05
    	
Nature of Business; Budget
    	
50
    
	
8.06
    	
Mergers, Etc.
    	
50
    
	
8.07
    	
Disposition of Properties
    	
50
    
	
8.08
    	
Restricted Payments
    	
51
    
	
8.09
    	
Joint Ventures
    	
51
    
	
8.10
    	
Change in Management or   Compensation
    	
51
    
	
8.11
    	
Organizational Documents;   Material Agreements; Funding and Operating Accounts
    	
51
    
	
8.12
    	
Limitations on Equity Sales
    	
52
    
	
8.13
    	
Transactions with Affiliates
    	
52
    
	
ARTICLE IX.   Events of Default; Remedies
    	
52
    
	
9.01
    	
Events of Default
    	
52
    
	
9.02
    	
Remedies
    	
55
    
	
ARTICLE X.   THE ADMINISTRATIVE AGENT
    	
56
    
	
ARTICLE XI.   Miscellaneous
    	
60
    
	
11.01
    	
Notices
    	
60
    
	
11.02
    	
Waivers; Amendments
    	
61
    
	
11.03
    	
Expenses, Indemnity; Damage   Waiver
    	
62
    
	
11.04
    	
Successors and Assigns
    	
64
    
	
11.05
    	
Survival; Revival; Reinstatement
    	
64
    
	
11.06
    	
Counterparts; Integration;   Effectiveness
    	
65
    
	
11.07
    	
Severability
    	
65
    
	
11.08
    	
Right of Setoff
    	
65
    
	
11.09
    	
GOVERNING LAW; JURISDICTION;   CONSENT TO SERVICE OF PROCESS
    	
66
    
	
11.10
    	
Headings
    	
67
    
	
11.11
    	
Confidentiality
    	
67
    
	
11.12
    	
Interest Rate Limitation
    	
67
    
	
11.13
    	
EXCULPATION PROVISIONS
    	
68
    
	
11.14
    	
No Third Party Beneficiaries
    	
69
    
	
11.15
    	
USA Patriot Act Notice
    	
69
    
	
11.16
    	
Termination; Limited Survival
    	
69
    
	
11.17
    	
No Fiduciary Duty
    	
69
    

 

ii

 

ANNEXES, EXHIBITS AND SCHEDULES

 

	
Annex A
    	
Commitments
    
	
Annex B
    	
Oil and Gas Properties
    
	
 
    	
 
    
	
Exhibit A
    	
Form of Note
    
	
Exhibit B
    	
Form of Compliance   Certificate
    
	
Exhibit C
    	
List of Security Instruments
    
	
Exhibit D
    	
Form of Distribution Request
    
	
Exhibit E
    	
Form of PDP PV Coverage   Ratio Report
    
	
Exhibit F
    	
Form of Notice of Conversion
    
	
Exhibit G
    	
Form of Notice of Exercise
    
	
Exhibit H
    	
Form of Warrant
    
	
 
    	
 
    
	
Schedule 1.02(a)
    	
Base Case Model
    
	
Schedule 1.02(c)
    	
Material Agreements
    
	
Schedule 6.06
    	
Environmental Matters
    
	
Schedule 6.12
    	
Subsidiaries and Equity Interests
    
	
Schedule 6.13(c)
    	
Material Adverse Effects
    
	
Schedule 6.13(f)
    	
Preferential Rights and Consents
    
	
Schedule 8.02
    	
Existing Debt
    
	
Schedule 8.03
    	
Existing Liens
    
	
Schedule 8.04
    	
Investments
    

 

iii

 

THIS SECURED TERM CREDIT AGREEMENT dated as of February 1, 2018, is by and among PETROSHARE CORP., a Colorado corporation (the “Borrower”), PROVIDENCE WATTENBERG, LP, a Texas limited partnership (“Providence”), as a Lender and as administrative agent for itself and the other Lenders (in such capacity, the “Administrative Agent”) and 5NR WATTENBERG, LLC, a Texas limited liability company (“5NR” and together with Providence, each a “Lender” and collectively the “Lenders”).

 

RECITALS

 

A.                                    Borrower has requested that Lenders provide certain term loans to Borrower.

 

B.                                    Lenders are willing to provide such terms loans to Borrower upon and subject to the provisions, terms and conditions hereinafter set forth.

 

C.                                    In consideration of the mutual covenants and agreements herein contained and of the term loans and the commitments hereinafter referred to, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged and confessed, the parties hereto agree as follows:

 

ARTICLE I.
  DEFINITIONS AND ACCOUNTING MATTERS

 

1.01                        Terms Defined Above.  As used in this Agreement, each term defined above has the meaning indicated above.

 

1.02                        Certain Defined Terms.  As used in this Agreement, the following terms have the meanings specified below:

 

“Act” means the USA Patriot Act (Title III of Pub. L. 107-56 (signed into law October 26, 2001).

 

“Affiliate” means, with respect to a specified Person, another Person that directly, or indirectly through one or more intermediaries, Controls or is Controlled by or is under common Control with the Person specified.

 

“Agreement” means this Secured Term Credit Agreement, as the same may be amended, restated, supplemented or otherwise modified from time to time.

 

“Aggregate Commitments” means the sum of the Commitments of the Lenders, which shall equal $25,000,000.

 

“Applicable Margin” means a rate of 14% calculated on an annual basis.

 

“Applicable Percentage” means, with respect to any Lender at any time, the percentage of the Aggregate Commitments represented by such Lender’s Commitment, as such percentage is set forth on Annex A.

 

1

 

“Approved Independent Public Accountants” means independent public accountants (a) of recognized national standing having all accreditations, registrations and designations required by the SEC for a firm preparing or issuing an audit report with respect to any issuer, and (b) reasonably acceptable to the Lenders.  Lenders agree that Eide Bailly is an Approved Independent Public Accountant and acceptable to them.

 

“Approved Petroleum Engineers” means Cawley, Gillespie & Associates and any other firm of independent petroleum engineers approved by Lenders.

 

“ASC 410” means the Accounting Standards Codification No. 410 (Asset Retirement and Environmental Obligations), as issued by the Financial Accounting Standards Board, as amended.

 

“ASC 815” means the Accounting Standards Codification No. 815 (Derivatives and Hedging), as issued by the Financial Accounting Standards Board, as amended.

 

“Base Case Model” means the comprehensive financial plan and projections prepared in good faith by Borrower under certain assumptions showing the Borrower’s monthly cash flow forecast and development plan beginning on the Closing Date through and including December 31, 2020 in form and substance satisfactory to the Lenders in their sole discretion.  The Base Case Model as of the Closing Date is attached hereto as Schedule 1.02(a) and has been approved and accepted by the Lenders and will be updated semi-annually as required by this Agreement.

 

“Board” means the Board of Governors of the Federal Reserve System of the United States of America or any successor Governmental Authority.

 

“Board of Directors” means the Board of Directors of Borrower, or such other governing body of Borrower.

 

“Borrower” has the meaning set forth in the preamble hereof.

 

“Budget” means (a) at any time prior to January 1, 2019, the operating and capital expenditure budget of the Borrower delivered on or prior to the Closing Date, and (b) at any time on or after January 1, 2019, the operating and capital expenditure budget of the Borrower most recently delivered pursuant to Section 7.01(e).

 

“Business Day” means any day that is not a Saturday, Sunday or other day on which commercial banks in New York, New York are authorized or required by Law to remain closed.

 

“Capital Leases” means, in respect of any Person, all leases which shall have been, or should have been, in accordance with GAAP, recorded as capital leases on the balance sheet of the Person liable (whether contingent or otherwise) for the payment of rent thereunder.

 

“Casualty Event” means any loss, casualty or other insured damage to, or any nationalization, taking under power of eminent domain or by condemnation or similar proceeding of, any Property of Borrower or any of its Subsidiaries.

 

2

 

“Change in Control” means the occurrence of one or more of the following events: (a) the acquisition of ownership, directly or indirectly, beneficially or of record on a fully diluted basis, by any Person or “group” (within the meaning of the Exchange Act and the rules of the SEC thereunder as in effect on the date hereof) of 50% or more of the outstanding shares of the voting equity interests of Borrower, or (b) occupation of a majority of the seats (other than vacant seats) on the Board of Directors by Persons who were neither (i) nominated by the Board of Directors nor (ii) appointed by the directors so nominated.

 

“Closing Date” means February 1, 2018.

 

“Code” means the Internal Revenue Code of 1986, as amended from time to time, and any successor statute.

 

“Collateral” means the Property and proceeds and other rights thereof covered by the Security Instruments, including, without limitation, the “Collateral” and the “Mortgaged Properties” as defined therein.

 

“Commitment” shall mean, with respect to each Lender, the amount of funds committed to be loaned by such Lender hereunder in accordance with the terms hereof.  Each Lender’s Commitment is listed on Annex A attached hereto.

 

“Common Stock” means Borrower’s Equity Interests consisting of common stock, par value $0.001 per share.

 

“Compliance Certificate” means a certificate substantially in the form attached hereto as Exhibit B, executed and delivered by a Financial Officer of Borrower.

 

“Consolidated Net Income” means with respect to Borrower and the Consolidated Subsidiaries, for any period, the aggregate of the net income (or loss) of such Persons after allowances for Taxes for such period determined on a consolidated basis in accordance with GAAP; provided that there shall be excluded from such net income (to the extent included therein) the following:

 

(a)                                 the net income of any Person in which Borrower or any of the Consolidated Subsidiaries has an interest (which interest does not cause the net income of such other Person to be permitted to be consolidated with the net income of Borrower or the Consolidated Subsidiaries in accordance with GAAP), except to the extent of the amount of dividends or distributions actually paid in cash during such period by such other Person to Borrower or any of the Consolidated Subsidiaries, as the case may be;

 

(b)                                 the net income (but not loss) during such period of any Consolidated Subsidiary of Borrower to the extent that the declaration or payment of dividends or similar distributions or transfers or loans by that Consolidated Subsidiary is not at the time permitted by operation of the terms of its charter or any agreement, instrument or Law applicable to such Consolidated Subsidiary or is otherwise restricted or prohibited, in each case determined in accordance with GAAP;

 

3

 

(c)                                  the net income (or loss) of any Person acquired in a pooling-of-interests transaction for any period prior to the date of such transaction;

 

(d)                                 any extraordinary gains or losses during such period;

 

(e)                                  any gains or losses attributable to write-ups or write-downs of assets, including impairments;

 

(f)                                   any gains, charges or losses that do not constitute cash items in the current period or any future period and are required to be included in net income of Borrower and its Consolidated Subsidiaries (including as a result of the application of ASC 410 and ASC 815); and

 

(g)                                  any net income or loss of any Person resulting from cash gains or losses in connection with asset sales.

 

“Consolidated Subsidiaries” means each Subsidiary of Borrower (whether now existing or hereafter created or acquired) the financial statements of which are or are permitted to be consolidated with the financial statements of Borrower in accordance with GAAP.  For the avoidance of doubt, each Consolidated Subsidiary shall be a Guarantor.

 

“Contract Rate” means a rate per annum equal to the lesser of (a) the Reference Rate, plus the Applicable Margin and (b) the Highest Lawful Rate.

 

“Control” means the possession, directly or indirectly, of the power to direct or cause the direction of the management or policies of a Person, whether through the ability to exercise voting power, by contract or otherwise.  For the purposes of this definition, and without limiting the generality of the foregoing, any Person that owns directly or indirectly 10% or more of the Equity Interests having ordinary voting power for the election of the directors or other governing body of a Person (other than as a limited partner of such other Person) will be deemed to “control” such other Person.  “Controlling” and “Controlled” have meanings correlative thereto.

 

“Conversion Date” has the meaning set forth in Section 7.14(b).

 

“Convertible Debt Amount” has the meaning set forth in Section 7.14(b).

 

“Conversion Floor Price” means a price per share of Common Stock of $1.55 as of the Closing Date, and as further adjusted pursuant to Section 7.14(e).

 

“Convertible Notes” means those certain 10% Unsecured Convertible Promissory Notes in the original principal amount of $10,000,000 and with an outstanding principal balance as of the date hereof of $4,833,200, and the 15% Series B Unsecured Convertible Promissory Notes with an original and outstanding principal balance as of the date hereof of $4,724,900, in each case due on December 31, 2018 and in the form as of the Closing Date.

 

“Convertible Note Debt” means the aggregate unsecured Debt due and owing by Borrower under the Convertible Notes.

 

4

 

“Convertible Securities” means any securities (directly or indirectly) convertible into or exchangeable for Common Stock, but excluding Options.

 

“Debt” means, for any Person, the sum of the following (without duplication): (a) all obligations of such Person for borrowed money or evidenced by bonds, bankers’ acceptances, debentures, notes or other similar instruments; (b) all obligations of such Person (whether contingent or otherwise) in respect of letters of credit, surety or other bonds and similar instruments; (c) all accounts payable, accrued expenses, liabilities or other obligations of such Person to pay the deferred purchase price of Property or services which are outstanding more than ninety (90) days (unless such Person is on notice that it is in breach of such obligation, then in such case (30) days) past the date of receipt of the invoice (unless being contested in good faith by appropriate action and for which adequate reserves have been maintained in accordance with GAAP); (d) all obligations under Capital Leases; (e) all obligations under Synthetic Leases; (f) all Debt (as defined in the other clauses of this definition) of others secured by (or for which the holder of such Debt has an existing right, contingent or otherwise, to be secured by) a Lien on any Property of such Person, whether or not such Debt is assumed by such Person; (g) all Debt (as defined in the other clauses of this definition) of others guaranteed by such Person or in which such Person otherwise assures a creditor against loss of the Debt (howsoever such assurance shall be made) to the extent of the lesser of the amount of such Debt and the maximum stated amount of such guarantee or assurance against loss; (h) all obligations or undertakings of such Person to maintain or cause to be maintained the financial position or financial covenants of others or to purchase the Debt or Property of others; (i) obligations to deliver commodities, goods or services, including, without limitation, Hydrocarbons, in consideration of one or more advance payments, other than gas balancing arrangements in the ordinary course of business; (j) any Debt of a partnership for which such Person is liable either by agreement, by operation of Law but only to the extent of such liability (except to the extent the terms of such Debt provide that such Person is not liable therefore); (k) Disqualified Capital Stock; (l) the undischarged balance of any production payment created by such Person or for the creation of which such Person directly or indirectly received payment; (m) all obligations under Swap Agreements; and (n) any indebtedness, liability or obligation arising with respect to any transaction which is the functional equivalent of or takes the place of borrowing but which does not constitute a liability on the balance sheets of such Person.  The Debt of any Person shall include all obligations of such Person of the character described above to the extent such Person remains legally liable in respect thereof notwithstanding that any such obligation is not included as a liability of such Person under GAAP.

 

“Debtor Relief Law” means the Bankruptcy Code of the United States, and all other liquidation, conservatorship, bankruptcy, assignment for the benefit of creditors, moratorium, rearrangement, receivership, insolvency, reorganization, or similar debtor relief Laws of the United States or other applicable jurisdictions from time to time in effect and affecting the rights of creditors generally.

 

“Default” means any event or condition which constitutes an Event of Default or which, upon notice, lapse of time or both, could become an Event of Default.

 

“Default Rate” has the meaning set forth in Section 2.06(b).

 

5

 

“Distribution Request” has the meaning set forth in Section 2.02(c).

 

“Disqualified Capital Stock” means any Equity Interest that, by its terms (or by the terms of any security into which it is convertible or for which it is exchangeable) or upon the happening of any event, matures or is mandatorily redeemable for any consideration other than other Equity Interests (which would not constitute Disqualified Capital Stock), pursuant to a sinking fund obligation or otherwise, or is convertible or exchangeable for Debt or redeemable for any consideration other than other Equity Interests (which would not constitute Disqualified Capital Stock) at the option of the holder thereof, in whole or in part, on or prior to the date that is one year after the earlier of (a) the Maturity Date and (b) the date on which there are no Loans, or other Obligations hereunder outstanding and all commitments to lend have expired or terminated.

 

“Dollars” “USD” or “$” refers to lawful money of the United States of America.

 

“Domestic Subsidiary” means any Subsidiary that is organized under the Laws of the United States of America or any state thereof or the District of Columbia.

 

“EBITDA” means, for any period, the sum of Consolidated Net Income for such period plus the following expenses or charges to the extent deducted from Consolidated Net Income in such period: interest, income taxes, depreciation, depletion, amortization, hedging, stock-based compensation, ceiling test impairments and other noncash charges, minus without duplication and to the extent included in the calculation of Consolidated Net Income for such period, the sum of (i) extraordinary or non-recurring gains; (ii) gains from dispositions of assets (other than Hydrocarbons produced in the ordinary course of business); and (iii) other non-cash gains.

 

“Environmental Laws” means any and all Laws pertaining in any way to health, safety, the environment or the preservation or reclamation of natural resources, in effect in any and all jurisdictions in which Borrower or any Subsidiary is conducting or at any time has conducted business, or where any Property of Borrower or any Subsidiary is located, including without limitation, the Oil Pollution Act of 1990 (“OPA”), as amended, the Clean Air Act, as amended, the Comprehensive Environmental, Response, Compensation, and Liability Act of 1980 (“CERCLA”), as amended, the Federal Water Pollution Control Act, as amended, the Occupational Safety and Health Act of 1970, as amended, the Resource Conservation and Recovery Act of 1976 (“RCRA”), as amended, the Safe Drinking Water Act, as amended, the Toxic Substances Control Act, as amended, the Superfund Amendments and Reauthorization Act of 1986, as amended, the Hazardous Materials Transportation Act, as amended, and other environmental conservation or protection Laws.  The term “oil” shall have the meaning specified in OPA, the terms “hazardous substance” and “release” (or “threatened release”) have the meanings specified in CERCLA, the terms “solid waste” and “disposal” (or “disposed”) have the meanings specified in RCRA and the term “oil and gas waste” shall mean that waste that is excluded from the definition of “hazardous waste” pursuant to 40 C.F.R. Section 261.4(b)(5) (“Section 261.4(b)(5)”); provided that (a) in the event either OPA, CERCLA, RCRA or Section 261.4(b)(5) is amended so as to broaden the meaning of any term defined thereby, such broader meaning shall apply subsequent to the effective date of such amendment and (b) to the extent the Laws of the state or other jurisdiction in which any Property of Borrower or any Subsidiary is located establish a meaning for “oil,” “hazardous substance,” “release,” “solid waste,” “disposal”

 

6

 

or “oil and gas waste” which is broader than that specified in either OPA, CERCLA, RCRA or Section 261.4(b)(5), such broader meaning shall apply.

 

“Environmental Permit” means any permit, registration, license, approval, consent, exemption, variance, or other authorization required under or issued pursuant to applicable Environmental Laws.

 

“Equity Interests” means shares of capital stock, partnership interests, membership interests in a limited liability company, beneficial interests in a trust or other equity ownership interests in a Person, and any warrants, options or other rights entitling the holder thereof to purchase or acquire any such Equity Interest.

 

“ERISA” means the Employee Retirement Income Security Act of 1974, as amended from time to time.

 

“ERISA Affiliate” means any trade or business (whether or not incorporated) that, together with any Loan Party, is treated as a single employer under Section 414(b) or (c) of the Code or, solely for purposes of Section 302 of ERISA and Section 412 of the Code, is treated as a single employer under Section 414 of the Code.

 

“ERISA Event” means (a) any “reportable event”, as defined in Section 4043 of ERISA or the regulations issued thereunder with respect to a Plan (other than an event for which the 30-day notice period is waived); (b) the existence with respect to any Plan of an “accumulated funding deficiency” (as defined in Section 412 of the Code or Section 302 of ERISA), whether or not waived; (c) the filing pursuant to Section 412(d) of the Code or Section 303(d) of ERISA of an application for a waiver of the minimum funding standard with respect to any Plan; (d) the incurrence by any Loan Party or any of its ERISA Affiliates of any liability under Title IV of ERISA with respect to the termination of any Plan; (e) the receipt by any Loan Party or any ERISA Affiliate from the PBGC or a plan administrator of any notice relating to an intention to terminate any Plan or Plans or to appoint a trustee to administer any Plan; (f) the incurrence by any Loan Party or any of its ERISA Affiliates of any liability with respect to the withdrawal or partial withdrawal from any Plan or Multiemployer Plan; or (g) the receipt by any Loan Party or any ERISA Affiliate of any notice, or the receipt by any Multiemployer Plan from any Loan Party or any ERISA Affiliate of any notice, concerning the imposition of Withdrawal Liability or a determination that a Multiemployer Plan is, or is expected to be, insolvent or in reorganization, within the meaning of Title IV of ERISA.

 

“Event of Default” has the meaning set forth in Section 9.01.

 

“Excepted Liens” means:  (a) Liens for Taxes, assessments or other governmental charges or levies which are not delinquent or which are being contested in good faith by appropriate action and for which adequate reserves have been maintained in accordance with GAAP; (b) Liens in connection with workers’ compensation, unemployment insurance or other social security, old age pension or public liability obligations which are not delinquent by more than 60 days or which are being contested in good faith by appropriate action and for which adequate reserves have been maintained in accordance with GAAP; (c) statutory landlord’s liens, carriers’, warehousemen’s, repairmen’s, mechanics’, workers’, materialmen’s, construction or

 

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other like Liens arising by operation of law in the ordinary course of business or incident to the exploration, development, operation and maintenance of Oil and Gas Properties, each of which is in respect of obligations that are not delinquent by more than 60 days or which are being contested in good faith by appropriate action and for which adequate reserves have been maintained in accordance with GAAP; (d) contractual Liens under the Operating Agreements; (e) Liens arising solely by virtue of any statutory or common law provision relating to banker’s liens, rights of set-off or similar rights and remedies and burdening only deposit accounts or other funds maintained with a creditor depository institution, provided that no such deposit account is a dedicated cash collateral account or is subject to restrictions against access by the depositor in excess of those set forth by regulations promulgated by the Board and no such deposit account is intended by Borrower or any of its Subsidiaries to provide collateral to the depository institution; (f) easements, zoning restrictions, rights-of-way, servitudes, permits, surface leases, and similar encumbrances on real property imposed by Law or arising in the ordinary course of business or minor imperfections in title relating to any Property, which do not materially impair the use of such Property for the purposes of which such Property is held by Borrower or any of its Subsidiaries or materially impair the value of such Property subject thereto; (g) Liens on cash or securities pledged to secure performance of tenders, surety and appeal bonds, government contracts, performance and return of money bonds, bids, trade contracts, leases, statutory obligations, regulatory obligations and other obligations of a like nature, in each case, incurred in the ordinary course of business consistent with past practices in connection with the operation of the Oil and Gas Properties and not in connection with borrowed money; (h) Liens arising from Uniform Commercial Code financing statement filings regarding operating leases entered into in the ordinary course of business covering the property under the lease; and (i) Liens in favor of PEP III granted pursuant to the Participation Agreement; provided that Liens described in clauses (a) through (e) shall remain “Excepted Liens” only for so long as no action to enforce such Lien has been commenced and no intention to subordinate the first priority Lien granted in favor of the Secured Parties is to be hereby implied or expressed by the permitted existence of such Excepted Liens.

 

“Excluded Offering” means any offering, issuance or sale by the Borrower after the Closing Date of: (a) securities issued upon any conversion or exercise of any other security in accordance with the terms thereof, or (b) securities issued (i) to directors, officers, employees, or consultants of the Borrower in connection with their service as directors of the Borrower, their employment by the Borrower or their retention as consultants by the Borrower and not for the primary purpose of raising capital, (ii) to persons in connection with a joint venture, strategic alliance or other commercial relationship with such person (including persons that are customers, suppliers and strategic partners of the Borrower) relating to the operation of the Borrower’s business and not for the primary purpose of raising capital, (iii) in connection with a transaction in which the Borrower, directly or indirectly, acquires another business or its tangible or intangible assets, or (iv) to lenders as equity incentives in connection with debt financings of the Borrower, in each case where such transactions have been approved by the Board.

 

“Existing Providence Facility A” means the secured revolving line of credit under and pursuant to that certain Revolving Line of Credit Facility Agreement, dated May 13, 2015, between Providence Energy Operators, LLC, as lender, and Borrower, as amended or modified from time to time

 

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“Existing Providence Facility B” means the secured revolving line of credit under and pursuant to that certain Revolving Line of Credit Facility Agreement, dated October 13, 2016, between PEP III, as lender, and Borrower, as amended or modified from time to time.

 

“Expiration Date” has the meaning set forth Section 7.15(a) hereof.

 

“Fair Market Value” means, as of any particular date: (a) the closing sales prices of the Common Stock for such day on the principal securities exchange on which the Common Stock may at the time be listed; (b) if there have been no sales of the Common Stock on such exchange on any such day, the average of the highest bid and lowest asked prices for the Common Stock on such exchange at the end of such day; (c) if on any such day the Common Stock is not listed on a domestic securities exchange, the closing sales price of the Common Stock as quoted on the Pink OTC Markets or similar quotation system or association for such day; or (d) if there have been no sales of the Common Stock on the Pink OTC Markets or similar quotation system or association on such day, the average of the highest bid and lowest asked prices for the Common Stock quoted on the Pink OTC Markets or similar quotation system or association at the end of such day; in each case, averaged over twenty (20) consecutive Business Days ending on the Business Day immediately prior to the day as of which “Fair Market Value” is being determined; provided, that if the Common Stock is listed on any domestic securities exchange, the term “Business Day” as used in this sentence means Business Days on which such exchange is open for trading. If at any time the Common Stock is not listed on any domestic securities exchange or quoted on the OTC Bulletin Board, the Pink OTC Markets or similar quotation system or association, the “Fair Market Value” of the Common Stock shall be the fair market value per share as determined jointly by the Board of Directors and the Administrative Agent. For purposes of this definition, “Pink OTC Markets” means the OTC Markets Group Inc. electronic inter-dealer quotation system, including OTCQX, OTCQB and OTC Pink.

 

“Financial Officer” means, for any Person, the chief financial officer, principal accounting officer, treasurer or controller of such Person.  Unless otherwise specified, all references herein to a Financial Officer shall mean a Financial Officer of Borrower.

 

“Foreign Subsidiary” means any Subsidiary that is not a Domestic Subsidiary.

 

“Funding Account” means a deposit account in Borrower’s name into which the proceeds of the Loans will be deposited.

 

“Funds Flow” has the meaning set forth in Section 5.01(j).

 

“GAAP” means generally accepted accounting principles in the United States of America as in effect from time to time subject to the terms and conditions set forth in Section 1.04.

 

“Governmental Authority” means the government of the United States of America, any other nation or any political subdivision thereof, whether state or local, and any agency, authority, instrumentality, regulatory body, court, central bank or other entity exercising executive, legislative, judicial, taxing, regulatory or administrative powers or functions of or

 

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pertaining to government over Borrower or any of its Subsidiaries, any of their Properties or Lender.

 

“Governmental Requirement” means any law, statute, code, ordinance, order, determination, rule, regulation, judgment, decree, injunction, franchise, permit, certificate, license, authorization or other directive or requirement, whether now or hereinafter in effect, of any Governmental Authority.

 

“Guarantors” means any Subsidiary that guarantees the Obligations pursuant to Section 7.20.

 

“Guaranty Agreement” means an agreement executed by the Guarantors in form and substance satisfactory to the Lenders, unconditionally guarantying on a joint and several basis, payment of the Obligations.

 

“Hazardous Material” means any substance regulated or as to which liability might arise under any applicable Environmental Law and including, without limitation:  (a) any chemical, compound, material, product, byproduct, substance or waste defined as or included in the definition or meaning of “hazardous substance,” “hazardous material,” “hazardous waste,” “solid waste,” “toxic waste,” “extremely hazardous substance,” “toxic substance,” “contaminant,” “pollutant,” or words of similar meaning or import found in any applicable Environmental Law; (b) petroleum hydrocarbons, petroleum products, petroleum substances, natural gas, oil, oil and gas waste, crude oil, and any components, fractions, or derivatives thereof; and (c) radioactive materials, explosives, asbestos or asbestos containing materials, polychlorinated biphenyls, radon, or infectious or medical wastes.

 

“Highest Lawful Rate” means, with respect to each Lender, the maximum non-usurious interest rate, if any, that at any time or from time to time may be contracted for, taken, reserved, charged or received on each Note or on other Obligations under Laws applicable to Lenders which are presently in effect or, to the extent allowed by applicable Law, under such applicable Laws which may hereafter be in effect and which allow a higher maximum non-usurious interest rate than applicable Laws allow as of the date hereof.

 

“Hydrocarbon Interests” means all right, title, interest and estate now owned or hereafter acquired in and to oil and gas leases, oil, gas and mineral leases, or other liquid or gaseous hydrocarbon leases, mineral fee interests, overriding royalty and royalty interests, net profit interests and production payment interests, including any reserved or residual interests of whatever nature.

 

“Hydrocarbons” means oil, gas, coal seam gas, casing head gas, drip gasolines, natural gasoline, condensate, distillate, and all other liquid and gaseous hydrocarbons produced or to be produced in conjunction therewith, and all products, by-products and all other substances derived therefrom or the processing thereof, and all other minerals and substances, including Sulphur, lignite, coal, uranium, thorium, iron, geothermal steam, water, carbon dioxide, helium, and any and all other minerals, ores, or substances of value, and the products and proceeds therefrom, including all gas resulting from the in-situ combustion of coal or lignite.

 

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“Initial Interest Payment Date” means March 1, 2018; provided that, if such date is not a Business Day then such date will be the next succeeding Business Day.

 

“Intercreditor Agreement” means that certain Intercreditor Agreement, dated as of the Closing Date, by and among the Administrative Agent, PEP III and the Borrower.

 

“Interest Payment Date” means the first day of each calendar month, beginning with the Initial Interest Payment Date; provided that, if such Interest Payment Date is not a Business Day then such Interest Payment Date will be the next succeeding Business Day.

 

“Investment” means, for any Person: (a) the acquisition (whether for cash, Property, services or securities or otherwise) or holding of Equity Interests of any other Person or any agreement to make any such acquisition (including, without limitation, any “short sale” or any sale of any securities at a time when such securities are not owned by the Person entering into such short sale); (b) the making of any advance, loan or capital contribution to, the assumption of Debt of, the purchase or other acquisition of any other Debt of or equity participation or interest in, or other extension of credit to, any other Person (including the purchase of Property from another Person subject to an understanding or agreement, contingent or otherwise, to resell such Property to such Person, but excluding any such advance, loan or extension of credit having a term not exceeding ninety (90) days representing the purchase price of inventory or supplies sold by such Person in the ordinary course of business); (c) the purchase or acquisition (in one or a series of transactions) of Property of another Person that constitutes a business unit or (d) the entering into of any guarantee of, or other contingent obligation (including the deposit of any Equity Interests to be sold) with respect to, Debt or other liability of any other Person.

 

“Law” means any law, statute, code, ordinance, order, determination, rule, regulation, judgment, decree, injunction, franchise, permit, certificate, license, authorization or other directive or requirement, whether now or hereinafter in effect, including, without limitation, Environmental Laws, energy regulations and occupational, safety and health standards or controls, of any Governmental Authority.

 

“Lenders’ Option” has the meaning set forth Section 7.15(a) hereof.

 

“Letter Agreement” means that certain letter agreement between Borrower and Lenders dated December 21, 2017 pursuant to which the Lenders loaned Borrower the sum of $5,000,000 and were granted certain rights in return.

 

“LIBO Rate” means a rate determined by the Administrative Agent, which is equal to the offered rate that appears on the relevant page of the Bloomberg Financial Market Information System that displays an average British Bankers Association Interest Settlement Rate for deposits in dollars with a term equivalent to three months.  If such rate is no longer available, the Administrative Agent and the Borrower shall negotiate in good faith to amend this definition for a reference rate to replace the LIBO Rate (subject to the approval of the Lenders).   Until such alternative reference rate is agreed, the LIBO Rate shall mean the greater of (a) the Prime Rate and (b) 1.00%.

 

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“Lien” means any interest in Property securing an obligation owed to, or a claim by, a Person other than the owner of the Property, whether such interest is based on the common law, statute or contract, and whether such obligation or claim is fixed or contingent, and including but not limited to (a) the lien or security interest arising from a mortgage, encumbrance, pledge, security agreement, conditional sale or trust receipt or a lease, consignment or bailment for security purposes or (b) production payments and the like payable out of Oil and Gas Properties.  The term “Lien” shall include easements, restrictions, servitudes, permits, conditions, covenants, exceptions or reservations. For the purposes of this Agreement, Borrower and its Subsidiaries shall be deemed to be the owner of any Property which they have acquired or hold subject to a conditional sale agreement, or leases under a financing lease or other arrangement pursuant to which title to the Property has been retained by or vested in some other Person in a transaction intended to create a financing.

 

“Loan Balance” means the aggregate outstanding, unpaid principal balance of the Loans at any given time.  When used with respect to any Lender, “Loan Balance” shall refer to the aggregate outstanding, unpaid principal balance of the Loans made by such Lender.

 

“Loan Documents” means this Agreement, the Note, the Security Instruments, the Registration Rights Agreement, the Warrant, the Lenders’ Option, and each other agreement, instrument, or document executed by Borrower, any Guarantor or any of Borrower’s or a Guarantor’s Subsidiaries or any of their officers at any time in connection with this Agreement.

 

“Loan Parties” means collectively, the Borrower and the Guarantors, and each individually, a “Loan Party”.

 

“Loans” means the loans made by the Lenders pursuant to Article II hereof.

 

“Make-Whole Premium” means, with respect to a prepayment of the Loans by the Borrower pursuant to Section 3.01 or following acceleration of the Obligations pursuant to Section 9.02 (including, without limitation, acceleration resulting in connection with the occurrence of any of the events set forth in Section 9.01(g), Section 9.01(h) or Section 9.01(i)), an amount equal to (a) the product of 0.40 multiplied by the principal amount of the Loans, exclusive of any such principal amount of the Loans that has been converted pursuant to Section 7.14 prior to such prepayment, less (b) the aggregate amount of interest payments received by Lender prior to or contemporaneous with the date of such prepayment, less (c) the amount of the Origination Fee and the Underwriting Fee paid by Borrower to Lenders prior to the date of such prepayment.

 

“Material Adverse Effect” means a material adverse change in, or material adverse effect on (a) the business, operations, Property, condition (financial or otherwise) or prospects of Borrower and its Subsidiaries taken as a whole, (b) the ability of Borrower, any of its Subsidiaries or any Guarantor to perform any of its obligations under any Loan Document to which it is a party after giving effect to any cure period contained in such Loan Document, (c) the validity or enforceability of the material terms of any Loan Document or (d) the rights and remedies of or benefits available to the Secured Parties under any Loan Document.

 

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“Material Agreements” means all Operating Agreements; the Participation Agreement; Hydrocarbon purchase, sales, exchange, processing, gathering, treatment, compression and transportation agreements; farm-out or farm in agreements; exploration agreements; unitization agreements; joint venture, limited or general partnership, dry hole, bottom hole, acreage contribution, purchase and acquisition agreements; area of mutual interest agreements; salt water disposal agreements, and servicing contracts; pooling agreements; in each case, to which Borrower is a party, including any of the foregoing that relate or affect the ownership, use or operation of the Oil and Gas Properties, including, without limitation, the agreements set forth on Schedule 1.02(c) attached hereto.  Notwithstanding the foregoing, Material Agreements do not include the Loan Documents, oil and gas leases of the Loan Parties comprising the Oil and Gas Properties and any agreements with an implied monetary value equal to or less than $250,000.

 

“Material Indebtedness” means Debt (but excluding the Loans hereunder) of Borrower and its Subsidiaries in an aggregate principal amount exceeding $200,000.

 

“Maturity Date” means February 1, 2020.

 

“Maximum Conversion Price” has the meaning set forth Section 7.14(a) hereof.

 

“Minimum Conversion Price” has the meaning set forth in Section 7.14(a) hereof.

 

“Mortgaged Property” has the meaning set forth in the Mortgages and includes, without limitation, any Property owned by Borrower which is subject to the Liens existing and to exist under the terms of the Mortgages, including, without limitation, in accordance with Section 4.01(b).

 

“Mortgages” means the mortgages or deeds of trust executed by any one or more of the Loan Parties in favor of the Administrative Agent for the ratable benefit of the Secured Parties in form and substance satisfactory to Lenders, as the same may be amended, restated, supplemented or otherwise modified from time to time, including the Mortgages executed and delivered on the Closing Date.

 

“Multiemployer Plan” means a multiemployer plan as defined in Section 4001(a)(3) of ERISA.

 

“Net Revenue Interest” means, with respect to any Oil and Gas Property, the decimal or percentage share of Hydrocarbons produced and saved from or allocable to that Oil and Gas Property, after deduction of landowner’s or lessor’s royalty interests, non-participating royalty interests, overriding royalty interests, production payments, net profits interests and other burdens on or paid out of such production.

 

“Note” means each promissory note made by Borrower described in Section 2.03 and being substantially in the form of Exhibit A, together with all amendments, modifications, replacements, extensions and rearrangements thereof.

 

“Notice of Conversion” has the meaning set forth in Section 7.14(b).

 

“NYMEX” means the New York Mercantile Exchange.

 

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“Obligations” means any and all amounts, including, without limitation, all principal, interest, Make-Whole Premium, fees and expenses (including reasonable attorneys’ fees and expenses and including any obligations in respect of interest, fees, or expenses that accrue after maturity, before and after an Event of Default, and during the pendency, and after the filing of any proceeding, under any Debtor Relief Law, regardless of whether allowed or allowable in whole or in part as a claim in such proceeding), reimbursements and indemnifications, owing or to be owing by Borrower, any of its Subsidiaries or any Guarantor (whether direct or indirect (including those acquired by assumption), absolute or contingent, due or to become due, now existing or hereafter arising) to Lender under any Loan Document; and all renewals, extensions and/or rearrangements of any of the above.  For the avoidance of doubt, “Obligations” shall include Protective Advances and all principal, interest, fees and expenses (including reasonable attorneys’ fees and expenses) in respect thereof owing by Borrower and the other Loan Parties.

 

“Observer” has the meaning set forth in Section 4.02.

 

“Oil and Gas Properties” means all of Borrower’s and its Subsidiaries’ right, title and interest, whether now owned or hereafter acquired, in and to (a) Hydrocarbon Interests and Wells, including those that are described in Annex B attached hereto and made a part hereof, as such Annex B may be amended and supplemented from time to time, or as otherwise described in and covered by (or purported to be described in) any of the Security Instruments, whether or not such Oil and Gas Properties are described in Annex B attached hereto; (b) the Properties now or hereafter pooled or unitized with the Hydrocarbon Interests or Wells; (c) all presently existing or future unitization, pooling agreements and declarations of pooled units and the units created thereby (including without limitation all units created under orders, regulations and rules of any Governmental Authority) which may affect all or any portion of the Hydrocarbon Interests or Wells; (d) all operating agreements, including the Operating Agreements, contracts and other agreements, including production sharing contracts and agreements, which relate to any of the Hydrocarbon Interests or the production, sale, purchase, exchange or processing of Hydrocarbons from or attributable to such Hydrocarbon Interests or Wells; (e) all Hydrocarbons in and under and which may be produced and saved or attributable to the Hydrocarbon Interests or Wells, including all oil in tanks, and all rents, issues, profits, proceeds, products, revenues and other incomes from or attributable to the Hydrocarbon Interests or Wells; (f) all tenements, hereditaments, appurtenances and Properties in any manner appertaining, belonging, affixed or incidental to the Hydrocarbon Interests or Wells; and (g) all Properties, rights, titles, interests and estates, including any and all Property, real or personal, now owned or hereinafter acquired and situated upon, used, held for use or useful primarily in connection with the operating, working or development of any of the properties or interests described or referred to in subsections (a) through (g) above (excluding drilling rigs, automotive equipment, rolling stock, rental equipment or other personal Property which may be temporarily on such premises for the purpose of oil and gas operations) and including any and all buildings, structures, fuel separators, liquid extraction plants, plant compressors, pumps, pumping units, field gathering systems, tanks and tank batteries, fixtures, valves, fittings, machinery and parts, engines, boilers, meters, apparatus, equipment, appliances, tools, implements, cables, wires, towers, casing, tubing and rods, surface leases, rights-of-way, easements and servitudes together with all additions, substitutions, replacements, accessions and attachments to any and all of the foregoing.

 

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“Operating Account” means a deposit account into which revenue from Borrower’s operations and otherwise will be deposited.

 

“Operating Agreements” means all operating agreements or joint operating agreements that relate to or cover any of the Oil and Gas Properties.

 

“Options” means any warrants or other rights or options to subscribe for or purchase Common Stock or Convertible Securities.

 

“Organizational Documents” means, with respect to any Person, (a) in the case of any corporation, the certificate of incorporation and by-laws (or similar documents) of such Person, (b) in the case of any limited liability company, the certificate of formation and limited liability company agreement (or similar documents) of such Person, (c) in the case of any limited partnership, the certificate of formation and limited partnership agreement (or similar documents) of such Person, (d) in the case of any general partnership, the partnership agreement (or similar document) of such Person and (e) in any other case, the functional equivalent of the foregoing.  For the avoidance of doubt, “Organizational Documents” includes, without limitation, the Bylaws of Borrower dated November 30, 2012 and the Articles of Incorporation dated September 4, 2012 as amended by the Articles of Amendment to Articles of Incorporation dated on or about October 10, 2017.

 

“Origination Fee” has the meaning set forth in Section 2.07(a).

 

“Participation Agreement” has the meaning set forth in Section 5.01(u).

 

“PBGC” means the Pension Benefit Guaranty Corporation referred to and defined in ERISA and any successor entity performing similar functions.

 

“PDP Present Value” means the present value (discounted at ten percent (10%) per annum) of future net cash flow attributable to all Proved Developed Producing Reserves from the Oil and Gas Properties of the Loan Parties calculated based on the most recently delivered Reserve Report, as supplemented by the most recently delivered Sem-Annual Updates consistent with SEC reporting requirements at the time, except that commodity prices used in the report shall be pursuant to Section 7.07(b)(iii).

 

“PDP PV Coverage Ratio” means the ratio of Borrower’s (a) PDP Present Value to (b) the Loan Balance.

 

“PEP III” means Providence Energy Partners III, LP.

 

“Permitted Equity Sales” means the sale of Common Stock (i) in a firm commitment underwitten offering to the public registered with the SEC and (ii) which results in net proceeds to the Borrower of not less than $15,000,000.

 

“Person” means any natural person, corporation, limited liability company, trust, joint venture, association, company, partnership, Governmental Authority or other entity.

 

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“Plan” means any employee pension benefit plan (other than a Multiemployer Plan) subject to the provisions of Title IV of ERISA or Section 412 of the Code or Section 302 of ERISA, and in respect of which any Loan Party or any ERISA Affiliate is (or, if such plan were terminated, would under Section 4069 of ERISA be deemed to be) an “employer” as defined in Section 3(5) of ERISA.

 

“Pledge Agreements” means, collectively, those certain Pledge Agreements executed by Borrower in relation to its Subsidiaries in form and substance satisfactory to Lender to secure the payment of the Obligations, as the same may be amended, restated, supplemented or otherwise modified from time to time.

 

“Prime Rate” means the rate of interest per annum identified as the U.S. “Prime Rate” in the “Money Rates” section of The Wall Street Journal; each change in the Prime Rate shall be effective from and including the date such change is publicly announced as being effective.

 

“Property” means any interest in any kind of property or asset, whether real, personal or mixed, or tangible or intangible.

 

“Protective Advance” has the meaning set forth in Section 2.04.

 

“Proved Reserves” means “Proved Reserves” as defined in the Definitions for Oil and Gas Reserves (in this paragraph, the “Definitions”) promulgated by the Society of Petroleum Engineers (or any generally recognized successor) as in effect at the time in question.  “Proved Developed Reserves” means Proved Reserves which are categorized as “Developed” in the Definitions, “Proved Developed Producing Reserves” means Proved Reserves which are categorized as both “Developed” and “Producing” in the Definitions, “Proved Developed Nonproducing Reserves” or “PDNP” means Proved Reserves which are categorized as both “Developed” and “Nonproducing” in the Definitions, and “Proved Undeveloped Reserves” or “PUD” means Proved Reserves which are categorized as “Undeveloped” in the Definitions.

 

“Purchasers” means all Persons that are purchasers of production of Hydrocarbons from the Loan Parties’ Oil and Gas Properties or otherwise receiving the Loan Parties’ share of such Hydrocarbons.

 

“Reference Rate” means the greater of (i) the LIBO Rate, or (ii) 1.00%; provided, that the Reference Rate shall not exceed 3.00%.

 

“Registration Rights Agreement” means the Registration Rights Agreement, dated as of the Closing Date, among the Borrower and Lenders, as amended from time to time in accordance with its terms.

 

“Related Parties” means, with respect to any specified Person, such Person’s Affiliates and the respective directors, officers, employees, agents and advisors (including attorneys, accountants and experts) of such Person and such Person’s Affiliates.

 

“Release” means any depositing, spilling, leaking, pumping, pouring, placing, emitting, discarding, abandoning, emptying, discharging, migrating, injecting, escaping, leaching, dumping, or disposing.

 

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“Remedial Work” has the meaning set forth in Section 7.06.

 

“Reserve Report” means a report, in form and substance reasonably satisfactory to Lenders prepared by an Approved Petroleum Engineer, setting forth, effective as of each January 1st the Proved Reserves attributable to the Oil and Gas Properties of Borrower and its Consolidated Subsidiaries, (a) together with a projection of the rate of production and future net income, Taxes, operating expenses and capital expenditures with respect thereto as of such date, based upon the economic parameters (including without limitation Hydrocarbon prices, and discount rate assumptions), and (b) prepared in accordance with  the requirements and assumptions set forth in Section 7.07(b).

 

“Responsible Officer” means, as to any Person, the Chief Executive Officer, the President, any Financial Officer or any Vice President of such Person.  Unless otherwise specified, all references to a Responsible Officer herein shall mean a Responsible Officer of Borrower.

 

“Restricted Payment” means any dividend or other distribution (whether in cash, securities or other Property) with respect to any Equity Interests in any Loan Party, or any payment (whether in cash, securities or other Property), including any sinking fund or similar deposit, on account of the purchase, redemption, retirement, acquisition, cancellation or termination of any such Equity Interests in any Loan Party or any option, warrant or other right to acquire any such Equity Interests in any Loan Party.

 

“SEC” means the United States Securities and Exchange Commission.

 

“Secured Parties” means, collectively, the Administrative Agent and the Lenders.

 

“Security Instruments” means the Mortgages, each Pledge Agreement, and other agreements, instruments or certificates described or referred to in Exhibit C, and any and all other agreements or instruments, now or hereafter executed and delivered by Borrower or any Guarantor in connection with, or as security for the payment or performance of the Obligations, as such agreements may be amended, modified, supplemented or restated from time to time.

 

“Security Termination” means the occurrence of each of the following: (a) the Termination Date, and (b) the payment in full in cash of all Obligations, in each case, other than indemnity obligations and similar obligations that survive the termination of this Agreement for which no notice of a claim has been received by Borrower or Lender.

 

“Semi-Annual Update” has the meaning set forth in Section 7.07(a).

 

“Solvent” and “Solvency” mean, with respect to any Person on any date of determination, that on such date (a) the fair value of the property of such Person is greater than the total amount of liabilities, including contingent liabilities, of such Person, (b) such Person does not intend to, and does not believe that it will, incur debts or liabilities beyond such Person’s ability to pay such debts and liabilities as they mature, (c) such Person is not engaged in business or a transaction, and is not about to engage in business or a transaction, for which such Person’s property would constitute an unreasonably small capital, and (d) such Person is able to pay its debts and liabilities, contingent obligations and other commitments as they mature in the

 

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ordinary course of business.  The amount of contingent liabilities at any time shall be computed as the amount that, in the light of all the facts and circumstances existing at such time, represents the amount that can reasonably be expected to become an actual or matured liability.

 

“Subsidiary” means: (a) any Person of which at least a majority of the outstanding Equity Interests having by the terms thereof ordinary voting power to elect a majority of the board of directors, manager or other governing body of such Person (irrespective of whether or not at the time Equity Interests of any other class or classes of such Person shall have or might have voting power by reason of the happening of any contingency) is at the time directly or indirectly owned or controlled by Borrower or one or more of its Subsidiaries or by Borrower and one or more of its Subsidiaries and (b) any partnership of which Borrower or any of its Subsidiaries is a general partner.  Unless otherwise indicated herein, each reference to the term “Subsidiary” shall mean a Subsidiary of Borrower.

 

“Swap Agreement” means any agreement with respect to any swap, forward, spot, future or credit default or derivative transaction or option or similar agreement involving, or settled by reference to, one or more rates, currencies, commodities, equity or debt instruments or securities, or economic, financial or pricing indices or measures of economic, financial or pricing risk or value or any similar transaction or any combination of these transactions; provided that in no event shall any (a) phantom stock or similar plan providing for payments only on account of services provided by current or former directors, officers, employees or consultants of any Loan Party or any Subsidiary or (b) near term spot market purchase and sale of a commodity in the ordinary course of business based on a price determined by a rate quoted on an organized exchange for actual physical delivery, be a Swap Agreement.

 

“Synthetic Leases” means, in respect of any Person, all leases which shall have been, or should have been, in accordance with GAAP, treated as operating leases on the financial statements of the Person liable (whether contingently or otherwise) for the payment of rent thereunder and which were properly treated as indebtedness for borrowed money for purposes of U.S. federal income Taxes, if the lessee in respect thereof is obligated to either purchase for an amount in excess of, or pay upon early termination an amount in excess of, 80% of the residual value of the Property subject to such operating lease upon expiration or early termination of such lease.

 

“Taxes” means any and all present or future taxes, levies, imposts, duties, deductions, withholdings, assessments, fees or other charges imposed by any Governmental Authority, including any interest, additions to tax or penalties applicable thereto.

 

“Termination Date” means the earlier to occur of (i) the Maturity Date, (ii) the date on which all of Obligations under the Loan Documents are indefeasibly paid in full in cash (other than indemnity obligations and similar obligations that, in each case, by their terms survive the termination of this Agreement) and (iii) the date that the Obligations are accelerated pursuant Section 9.02.

 

“Total Debt” means, at any date, all Debt of Borrower and the Consolidated Subsidiaries on a consolidated and combined basis.

 

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“Total Leverage Ratio” means, when determined, the ratio of Total Debt to EBITDA.

 

“Tranche” means, as applicable, either Tranche A or Tranche B.

 

“Tranche A” has the meaning set forth in Section 2.02(a).

 

“Tranche B” has the meaning set forth in Section 2.02(b).

 

“Transactions” means, with respect to (a) Borrower, the execution, delivery and performance by Borrower of this Agreement, and each other Loan Document to which it is a party, the borrowing of Loans, the use of the proceeds thereof, and the grant of Liens by Borrower on Mortgaged Properties and other Properties pursuant to the Security Instruments to which it is a party and (b) each Guarantor, the execution, delivery and performance by such Guarantor of each Loan Document to which it is a party, the guaranteeing of the Obligations and the other obligations under the Guaranty Agreement by such Guarantor and such Guarantor’s grant of the security interests and provision of Collateral under the Security Agreement and other Security Instruments to which it is a party, and the grant of Liens by such Guarantor on Mortgaged Properties and other Properties pursuant to the Security Instruments to which it is a party.

 

“UCC” means the Uniform Commercial Code as in effect on the date hereof in the State of Colorado, as amended from time to time, and any successor statute; provided that, in the event that, by reason of mandatory provisions of Law, any or all of the attachment, perfection or priority of the security interest in any Collateral is governed by the Uniform Commercial Code as in effect in a jurisdiction other than the State of Colorado, the term “UCC” shall mean the Uniform Commercial Code as in effect in such other jurisdiction for purposes of the provisions hereof relating to such attachment, perfection or priority and for purposes of definitions related to such provisions.

 

“Underwriting Fee” has the meaning set forth in Section 2.07(b).

 

“Warrant” shall have the meaning set forth in Section 7.17.

 

“Well” means any existing or future oil or gas well, salt water disposal well, injection well, water supply well or any other well or wellbore located on or related to the Hydrocarbon Interests, whether producing, shut-in, sidetrack, behind pipe or non-producing wells, or any lands pooled or unitized therewith, and any facility or equipment in addition to or replacement of any such well.

 

“Working Interest” means the property interest which (i) entitles its owner to explore and develop the Hydrocarbons in and under any Hydrocarbon Interest, or the lands pooled or unitized therewith, for oil and gas production purposes and (ii) obligates its owner to bear a proportionate share, in accordance with the percentage of ownership, of the costs and expenses of such exploration and development.

 

1.03                        Terms Generally; Rules of Construction.  The definitions of terms herein shall apply equally to the singular and plural forms of the terms defined.  Whenever the context may require, any pronoun shall include the corresponding masculine, feminine and neuter forms.  The

 

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words “include”, “includes” and “including” shall be deemed to be followed by the phrase “without limitation”.  The word “will” shall be construed to have the same meaning and effect as the word “shall”.  Unless the context requires otherwise (a) any definition of or reference to any agreement, instrument or other document herein shall be construed as referring to such agreement, instrument or other document as from time to time amended, supplemented or otherwise modified (subject to any restrictions on such amendments, supplements or modifications set forth in the Loan Documents), (b) any reference herein to any Law shall be construed as referring to such Law as amended, modified, codified or reenacted, in whole or in part, and in effect from time to time, (c) any reference herein to any Person shall be construed to include such Person’s successors and assigns (subject to the restrictions contained in the Loan Documents), (d) the words “herein”, “hereof” and “hereunder”, and words of similar import, shall be construed to refer to this Agreement in its entirety and not to any particular provision hereof, (e) with respect to the determination of any time period, the word “from” means “from but excluding” and the word “to” means “to and including” and (f) any reference herein to Articles, Sections, Annexes, Exhibits and Schedules shall be construed to refer to Articles and Sections of, and Annexes, Exhibits and Schedules to, this Agreement.  No provision of this Agreement or any other Loan Document shall be interpreted or construed against any Person solely because such Person or its legal representative drafted such provision.

 

1.04                        Accounting Terms and Determinations; GAAP.  Unless otherwise specified herein, all accounting terms used herein shall be interpreted, all determinations with respect to accounting matters hereunder shall be made, and all financial statements and certificates and reports as to financial matters required to be furnished to Lender hereunder shall be prepared, in accordance with GAAP, applied on a basis consistent with the financial statements except for changes in which Borrower’s independent certified public accountants concur and which are disclosed to Lender on the next date on which financial statements are required to be delivered to Lender pursuant to Section 7.01(a); provided that, unless Borrower and Lender shall otherwise agree in writing, no such change shall modify or affect the manner in which compliance with the covenants contained herein is computed such that all such computations shall be conducted utilizing financial information presented consistently with prior periods; and provided further that interim financial statements shall be prepared in accordance with SEC rules for interim financial statements.

 

ARTICLE II.
  THE CREDITS; PAYMENTS OF PRINCIPAL AND INTEREST; FEES

 

2.01                        Commitments.  Subject to the terms and conditions set forth herein, each Lender agrees to make Loans to Borrower on the Closing Date in an amount not to exceed such Lender’s Commitment.  Amounts repaid in respect of the Loans cannot be reborrowed.

 

2.02                        Availability and Purpose of Advances.

 

(a)                                 Tranche A.  On December 21, 2017, certain Affiliates of the Lenders advanced to Borrower the sum of $5,000,000 (“Tranche A”) pursuant to the Letter Agreement.  The proceeds of such advance were paid by Lenders’ Affiliates directly to vendors of Borrower in accordance with instructions provided to such Affiliates of Lenders by Borrower.  Upon execution of this Agreement and effective on the Closing Date, the Loans constituting Tranche A

 

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shall be contributed by such Affiliates to the Lenders and continued hereunder, and will become for all purposes part of the Loans advanced by the Lenders to Borrower hereunder.  Interest on Tranche A accrued from December 21, 2017 through but excluding the Closing Date at the Contract Rate shall be paid by Borrower to each Lender (in accordance with the amount of Tranche A advanced by each Lender’s Affiliate) on the Closing Date.  Upon the payment of all interest owing with respect to such Loans to the Lenders on the Closing Date as described above in this Section 2.02(a), the obligations of the Borrower to such Affiliates under the Letter Agreement with respect to such Loans will be satisfied in full.

 

(b)                                 Tranche B. Lenders agree, severally and not jointly, to make available to Borrower on the Closing Date additional Loans in an aggregate amount equal to $20,000,000 (the “Tranche B”), subject to the terms and conditions set forth herein.  Each Lender shall make available funds so that the total amount of Loans advanced by such Lender under Tranche A and Tranche B is equal to its Commitment. The proceeds of Tranche B shall be used (i) to  pay fees and expenses due and owing by Borrower on the Closing Date, (ii) to repay in full all of the Debt owing with respect to the Existing Providence Facility A, (iii) to repay a principal amount of the outstanding Debt under the Existing Providence Facility B equal to $1,500,000, together with all accrued and unpaid interest owing under such facility as of the Closing Date and (iv) to make the other payments expressly set forth in the Funds Flow.  After payment in full of the foregoing expenditures, the remaining balance of Tranche B shall be deposited by Lenders into the Funding Account for funding of approved capital and other expenditures, including but not limited to working capital, interest on the Loans, general and administrative expenses and those costs and expenses related to the Shook Pad and non-operated projects, all in accordance with the Base Case Model as approved by the Lenders.

 

(c)                                  Funding Account.  On or before the Closing Date, Borrower shall authorize a representative of Administrative Agent as a co-signer on the Funding Account for all disbursements from such account.  Borrower may, on at least 24 hours prior written notice to Administrative Agent, but no more than once each week, request a release (a “Distribution Request”, in substantially the form of Exhibit D) of sums from the Funding Account to pay, without duplication, any amounts desired by Borrower consistent with the Base Case Model.  Each Distribution Request shall contain a description in such detail as Lenders may reasonably request as to the proposed amount of such distribution and the intended recipient and shall be accompanied by appropriate supporting documentation. Unless (i) a Default has occurred and is continuing or would result from such transfer of funds, or (ii) Administrative Agent notifies Borrower in writing within such 24 hour period that a Distribution Request fails to satisfy the foregoing criteria or that Administrative Agent requires additional information with respect to the requested disbursement (in which case, Administrative Agent will describe requested information in reasonable detail), then Administrative Agent will promptly approve the Distribution Request and cause its representative to initiate a transfer of funds for the requested amount from the Funding Account to the Operating Account by online transfer or as otherwise requested by Borrower.  Borrower shall use such disbursed amounts exclusively to pay the amounts included in the applicable Distribution Request.

 

(d)                                 Operating Account.  On or before the Closing Date, Borrower shall also authorize a representative of Administrative Agent as a co-signer on the Operating Account for disbursements from such account of $1,000,000 or more.  Administrative Agent shall also have

 

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viewing rights with regard to the Operating Account at any time.  In the event that Borrower initiates a disbursement of an amount of $1,000,000 or more pursuant to a Distribution Request, then, unless a Default has occurred and is continuing or would result from such transfer of funds, the Administrative Agent will promptly cause its representative to approve a wire transfer to such party as listed in the Distribution Request.

 

2.03                        Notes.  The Loans made by each Lender shall be evidenced by a single promissory note made by Borrower payable to the order of such Lender in substantially the form of Exhibit A, dated as of the Closing Date in a principal amount equal to such Lender’s Commitment and otherwise duly completed.  The amount and interest rate of each Loan made by such Lender, and all payments made on account of principal thereof, shall be recorded by such Lender on its books.  Lender may attach a schedule to the Note to evidence payments on the Note but failure to make any such notation or to attach a schedule shall not affect Lender’s or Borrower’s rights or obligations in respect of the Loans or affect the validity of the Note.

 

2.04                        Protective Advances.  Notwithstanding anything to the contrary in this Agreement, and whether or not an Event of Default or a Default shall have occurred and be continuing, Lenders upon not less than three Business Days’ notice and Borrower’s right to cure during such three Business Day period, are authorized, from time to time in Lenders’ sole discretion (but Lenders shall have absolutely no obligation to) make an advance for purposes of (i)  preserving or protecting the Collateral, or any portion thereof, or (ii) paying any other amount chargeable to or required to be paid by Borrower pursuant to the terms of this Agreement and the other Loan Documents, including, without limitation, payments of principal, interest, fees and reimbursable expenses (each such advance in this Section 2.04, a “Protective Advance”). Protective Advances may be made without Borrower’s compliance with any of the terms of this Agreement (including the conditions precedent set forth in this Article II and Article V). Each Protective Advance under clause (i) or clause (ii) preceding shall be disbursed by Lenders as either of them deems necessary or prudent in order to, among other things, protect Lenders’ interest in the Collateral or to perform any obligation of Borrower under this Agreement or the Operating Agreements. Each Protective Advance under this Agreement shall bear interest at the lesser of (x) the Highest Lawful Rate and (y) the Default Rate, beginning on the date of the advance of such Protective Advance and continuing until such Protective Advance is paid in full in accordance with this Agreement. Accrued interest on Protective Advances shall be payable in arrears on the last Business Day of each calendar month and until repaid in full. Notwithstanding anything to the contrary in this Agreement or any Loan Documents, any Protective Advance made under this Section 2.04 shall not cure any Default or Event of Default occurring and continuing on the date such Protective Advance is made by Lender. Protective Advances shall constitute Obligations and will be entitled to the benefit of the Liens under the Security Instruments.  Borrower shall pay the unpaid principal amount and all unpaid and accrued interest of each Protective Advance on the earlier of the Termination Date and the date on which demand for payment is made by Lender.

 

2.05                        Repayment of Loans.  Borrower unconditionally promises to pay to each Lender all of the Obligations owing to such Lender on the Termination Date.  All payments to be made by Borrower to each Lender will be made by wire transfer in immediately available funds not later than 5:00 p.m. Dallas, Texas, time on the date due to such Lender in accordance with wire instructions provided by such Lender to Borrower.

 

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2.06                        Interest.

 

(a)                                 Loans.  All Loans outstanding under this Agreement shall bear interest at the Contract Rate beginning on the date of the advance of each such Loan and continuing until such Loan is paid in full in accordance with this Agreement.

 

(b)                                 Post-Default.  Notwithstanding the foregoing, if an Event of Default has occurred and is continuing, or if any principal of or interest on any Loan or any fee or other amount payable by Borrower or any Guarantor hereunder or under any other Loan Document is not paid when due, whether at stated maturity, upon acceleration or otherwise, then, automatically, all Loans outstanding, together with all overdue amounts shall bear interest, after as well as before judgment, at a rate per annum equal to five percent (5%) plus the Contract Rate (the “Default Rate”).  Administrative Agent will provide prompt notice to Borrower of the implementation of the Default Rate in accordance with this Section 2.06(b), but the failure to provide such notice shall not relieve Borrower from its obligation to pay interest at the Default Rate or result in the incurrence by the Administrative Agent of any liability to any Person.

 

(c)                                  Interest Payment Dates.  Accrued interest on each Loan shall be payable in arrears on each Interest Payment Date and on the Termination Date; provided that (i) interest accrued pursuant to Section 2.06(b) shall be payable on demand, and (ii) in the event of the prepayment of the Loans pursuant to Section 3.01, all accrued and unpaid interest shall be payable on the date of such payment.

 

(d)                                 Interest Rate Computations.  All interest hereunder shall be computed on the basis of a year of 360 days, and in each case shall be payable for the actual number of days elapsed (including the first day but excluding the last day).

 

2.07                        Fees.

 

(a)                                 Origination Fee.  On the Closing Date, Borrower shall pay to each Lender an origination fee (the “Origination Fee”) equal to such Lender’s Applicable Percentage of one million two hundred fifty thousand dollars ($1,250,000). The Origination Fees shall be included in the Funds Flow and payable from the proceeds of Tranche B.

 

(b)                                 Underwriting Fee.  On the first anniversary of the Closing Date, Borrower shall pay to each Lender an underwriting fee (the “Underwriting Fee”) equal to such Lender’s Applicable Percentage of one million two hundred fifty thousand dollars ($1,250,000).  Any Lender that defaults in its obligation to make Loans under this Agreement shall not be entitled to either the Origination Fee or the Underwriting Fee, and the obligations of Borrower to pay such fees shall be proportionately reduced.

 

2.08                        Payments Generally.

 

(a)                                 Payments by Borrower.  All payments to be made by the Borrower hereunder and the other Loan Documents shall be made without condition or deduction for any counterclaim, defense, recoupment, setoff or Taxes.  Except as otherwise expressly provided herein, all such payments shall be made to the Administrative Agent, for the account of the respective Lenders to which such payment is owed, at the Administrative Agent’s office in

 

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immediately available funds not later than 3:00 p.m. (Dallas, Texas time) on the date specified herein.  All amounts received by the Administrative Agent after such time on any date shall be deemed to have been received on the next succeeding Business Day and any applicable interest or fees shall continue to accrue.  The Administrative Agent will promptly distribute to each Lender its ratable share (or other applicable share as provided herein) of such payment in like funds as received by wire transfer to such Lender’s office (or otherwise distribute such payment in like funds as received to the Person or Persons entitled thereto as provided herein).  If any payment to be made by the Borrower shall fall due on a day that is not a Business Day, payment shall be made on the next succeeding Business Day and such extension of time shall be reflected in computing interest or fees, as the case may be.  All payments hereunder or under any other Loan Document shall be made in dollars.  Fees, once paid, shall be fully earned and shall not be refundable under any circumstances.

 

(b)                                 Application of Insufficient Payments.  Subject to Section 9.02, if at any time insufficient funds are received by and available to the Administrative Agent to pay fully all amounts of principal, interest, fees and other amounts then due hereunder, such funds shall be applied (i) first, to pay interest, fees and other amounts then due hereunder, ratably among the parties entitled thereto in accordance with the amounts of interest, fees and other amounts then due to such parties, and (ii) second, to pay principal then due hereunder, ratably among the parties entitled thereto in accordance with the amounts of principal then due to such parties.

 

ARTICLE III.
  PREPAYMENT

 

3.01                        Prepayment.

 

(a)                                 Optional Prepayment.  Borrower shall have the right at any time and from time to time to prepay the Loan Balance in whole (but not in part) prior to the Maturity Date, upon (i) providing Lenders at least 14-days’ prior written notice and (ii) payment of the Make-Whole Premium in accordance with Section 3.02.

 

(b)                                 Notice and Terms of Optional Prepayment.  Borrower shall notify each Lender by email with confirmation of reply email of its intention to prepay the Obligations in full, not later than 5:00 p.m., Dallas, Texas time, fourteen (14) days before the proposed date of prepayment.  Each such notice shall be irrevocable and shall specify the prepayment date, the amount of Obligations outstanding and the applicable Make-Whole Premium.

 

3.02                        Make-Whole Premium.  Upon prepayment of the Loan Balance pursuant to Section 3.01 or following acceleration of the Obligations pursuant to Section 9.02 (including, without limitation, acceleration resulting in connection with the occurrence of any of the events set forth in Section 9.01(g), Section 9.01(h) or Section 9.01(i)), Borrower shall pay Lenders the applicable Make-Whole Premium contemporaneously with such prepayment.  The term “prepayment” in this Section 3.02 shall include amounts that are settled, compromised or otherwise extinguished, whether voluntarily or involuntarily, including, without limitation, any prepayment made in connection with a refinancing following the acceleration of the Obligations pursuant to Section 9.02.  For the avoidance of doubt, the Make-Whole Premium shall not be

 

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payable with regard to any amounts of principal that are converted to Common Stock in accordance with Section 7.14.

 

ARTICLE IV.
  SECURITY; OTHER RIGHTS OF LENDER

 

4.01                        Security; Additional Collateral; Release.

 

(a)                                 Grant of Liens and Security Interests.  As security for all of the Obligations owed to the Secured Parties under this Agreement and the other Loan Documents, each of Borrower and the other Loan Parties hereby grants, assigns, transfers and conveys to Administrative Agent, for the ratable benefit of the Lenders, a first priority mortgage Lien on and first priority security interest in all of the Oil and Gas Properties and other Mortgaged Property under the Mortgages. In addition to the foregoing, as further security for all of the Obligations owed to Lender, each of Borrower and the other Loan Parties hereby grants, assigns, transfers and conveys to Administrative Agent, a first priority security interest in all other Collateral (not otherwise described in the immediately preceding sentence) under the Security Instruments. Notwithstanding the foregoing, the parties acknowledge and agree that the lien of the Lenders shall rank pari passu with the lien of PEP III existing on the date hereof, which lien shall survive the execution of this Agreement and shall be subject to the terms and conditions of the Intercreditor Agreement.

 

(b)                                 Additional Collateral.  In the event Borrower or any other Loan Party acquires additional Oil and Gas Properties after the Closing Date, then Borrower shall, and shall cause its Subsidiaries to, promptly (in any event within five (5) Business Days or such later date as permitted by Lenders in their sole discretion) execute and deliver such Mortgages and other Security Instruments as Lenders may reasonably request to grant to Administrative Agent for the benefit of the Secured Parties as security for the Obligations a first-priority Lien on such additional Oil and Gas Properties not already subject to a Lien of the Security Instruments such that after giving effect thereto, the Mortgaged Properties will represent all of the Oil and Gas Properties of the Loan Parties, subject only to Excepted Liens.  Contemporaneous with the foregoing, Borrower shall, subject to Lenders’ approval, update Annex B to add such additional Oil and Gas Properties. All such Liens will be created and perfected by and in accordance with the provisions of deeds of trust, security agreements and financing statements or other Security Instruments, all in form and substance satisfactory to Lenders and in sufficient executed (and acknowledged where necessary or appropriate) counterparts for recording purposes.

 

(c)                                  Release of Liens; General Release.  Following Security Termination, Administrative Agent will deliver to Borrower, at Borrower’s expense, releases of all Liens arising under the Security Instruments with an acknowledgment that the same have been terminated.

 

(d)                                 Disposition of Proceeds of Production.  The Security Instruments (subject to the limitations in this Section 4.01(d)) contain an assignment by Borrower and/or the Guarantors unto and in favor of Administrative Agent for the benefit of the Secured Parties of all of Borrower’s or such Guarantor’s right, title and interest in and to production and all proceeds attributable thereto which may be produced from or allocated to the Mortgaged Property.  The

 

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Security Instruments further provide in general for the application of such proceeds to the satisfaction of the Obligations and other obligations described therein and secured thereby.  Notwithstanding anything in the Security Instruments to the contrary, Administrative Agent shall not exercise its right to receive proceeds of production unless an Event of Default has occurred and is continuing.  Borrower and the other Loan Parties hereby authorize the Administrative Agent, on behalf of the Secured Parties, and grant to the Administrative Agent the power and authority in place and stead of Borrower and such Loan Parties, to take such actions as may be necessary to cause such proceeds to be paid to the Administrative Agent upon the occurrence and during the continuance of an Event of Default.

 

4.02                        Observer Rights.  With respect to any Lender, until such time as the Board of Directors is expanded and one or more individuals designated by such Lender is appointed to the Board of Directors in accordance with Section 7.19, such Lender shall have the right to designate one non-voting Person or representative (each such designee, an “Observer”) to attend and observe all meetings of the Board of Directors and any committees, including special committees thereof. Borrower shall provide each Observer with notice of (in the same manner that notice is given to the Board of Directors or other members thereof) all meetings (whether in person, telephonic or otherwise) of the Board of Directors, including all committee meetings. Borrower shall also provide to each Observer a copy of all notices, agendas and other materials or information distributed to the Board of Directors and any committees thereof, whether provided to the Board of Directors or other members thereof in advance or, during or after any meeting. Except for disclosures required by law, the Observers shall keep all such materials and information confidential. The Borrower shall reimburse the Observers upon demand for any and all reasonable out-of-pocket expenses incurred by any such Observer in connection with the foregoing board visitation rights.

 

ARTICLE V.
  CONDITIONS PRECEDENT

 

5.01                        Closing Date.  The effectiveness of this Agreement and the obligations of Lenders to make Loans under Tranche B on the Closing Date shall not become effective until the date on which each of the following conditions is satisfied:

 

(a)                                 Lenders shall have received a certificate of a Responsible Officer of Borrower setting forth (i) resolutions of its Board of Directors with respect to the authorization of Borrower to execute and deliver the Loan Documents to which it is a party and to enter into the Transactions contemplated in those documents, (ii) the officers of Borrower (y) who are authorized to sign the Loan Documents to which Borrower is a party and (z) who will, until replaced by another officer or officers duly authorized for that purpose, act as its representative for the purposes of signing documents and giving notices and other communications in connection with this Agreement and the Transactions contemplated hereby, (iii) specimen signatures of such authorized officers, and (iv) the Organizational Documents of Borrower, certified as being true and complete.

 

(b)                                 Lenders shall have received certificates of the appropriate Governmental Authorities with respect to the existence, qualification and good standing of Borrower.

 

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(c)                                  Lenders shall have received from each party hereto duly executed counterparts (in such number as may be requested by each Lender) of this Agreement signed on behalf of such party.

 

(d)                                 Each Lender shall have received a duly executed Note in a principal amount equal to such Lender’s Commitment dated as of the date hereof.

 

(e)                                  Lenders shall have received from each party thereto duly executed counterparts (in such number as may be requested by Lender) of (i) the Security Instruments, including each Mortgage, the Pledge Agreement (if any), and the other Security Instruments described on Exhibit C, (ii) a Guaranty executed by each Subsidiary of the Borrower (if any), (iii) the Registration Rights Agreement, (iv) the Lenders’ Option, (v) the Warrant and (vi) the other Loan Documents.  In connection with the execution and delivery of the Security Instruments, Lenders shall be satisfied that the Security Instruments create Liens (which, upon the Administrative Agent’s recordation of the Mortgages and properly completed financing statements in the proper jurisdictions therefor, shall be first priority, perfected Liens) on (A) all of Borrower’s Equity Interests in all Subsidiaries, if any, and (B) all assets of Borrower and its Subsidiaries, including all of the Oil and Gas Properties, subject only to Excepted Liens.

 

(f)                                   Lenders shall have received an opinion of Polsinelli PC, special counsel to the Loan Parties, in form and substance reasonably satisfactory to the Administrative Agent covering such other matters relating to the Loan Parties, this Agreement or the Transactions as the Lenders shall reasonably request.

 

(g)                                  No material adverse change to the environmental condition of the Oil and Gas Properties to be pledged as Collateral shall have occurred.

 

(h)                                 Lenders shall have received a certificate of a Responsible Officer of Borrower certifying that, as of the Closing Date: (i) the representations and warranties of the Loan Parties set forth in any Loan Document shall be true and correct in all respects, (ii) no Default or Event of Default exists, and (iii) the Loan Parties are in compliance in all material respects with all obligations under the Loan Documents.

 

(i)                                     Lenders shall have received the Base Case Model, in form and content satisfactory to the Lenders in their sole discretion.

 

(j)                                    Lenders shall have received and approved a funds flow memorandum with Financial Officer’s certification regarding the use and application of proceeds of Tranche B (the “Funds Flow”).

 

(k)                                 Lenders shall have received appropriate UCC search certificates for Colorado and any other jurisdiction reasonably requested by Lenders reflecting no prior Liens encumbering the Properties of Borrower and the Subsidiaries other than Excepted Liens and the Liens to be released on the Closing Date.

 

(l)                                     Lenders shall have received copies of the Operating Agreements and the other Material Agreements.

 

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(m)                             Borrower shall have delivered to each Lender that is subject to the Act such information requested by Lender in order to comply with the Act.

 

(n)                                 At the time of and immediately after giving effect to any Loan under Tranche B, no Default or Event of Default shall have occurred and be continuing.

 

(o)                                 There shall exist no event of default (or condition which would constitute an event of default with the giving of notice or the passage of time or both) under any existing material obligation of Borrower or any of its Affiliates or Subsidiaries, or under any capital stock agreements, financing agreements, material lease agreements or other material contracts of Borrower or its Affiliates or Subsidiaries, if any.

 

(p)                                 Substantially contemporaneously with the funding of the Loans hereunder, all Debt outstanding under the Existing Providence Facility A shall have been paid in full and all Liens granted by the Borrower to secure such Debt shall have been released by Providence Energy Operators, LLC.

 

(q)                                 Substantially contemporaneously with the funding of the Loans hereunder, PEP III shall have received payment of the Debt under the Existing Providence Facility B in a principal amount equal to $1,500,000, together with all accrued and unpaid interest owing with respect to such facility as of the Closing Date.

 

(r)                                    Borrower and PEP III shall have amended the documents evidencing the Existing Providence Facility B to reflect the revised terms of such documents as set forth in the Letter Agreement.

 

(s)                                   The Administrative Agent, PEP III and the Borrower shall have executed and delivered the Intercreditor Agreement.

 

(t)                                    Lenders shall have received such other documents as such Lender or its counsel may reasonably request including audited and interim financial statements.

 

(u)                                 Borrower and the Providence Parties shall have reached agreement and executed an amendment to that certain Amended and Restated Participation Agreement dated November 16, 2017 (the “Participation Agreement”) to extend the right of PEP III thereunder for a period until two years after the Closing Date and to recognize PEP III’s right to assign that right to any Providence Affiliate.

 

(v)                                 The Administrative Agent and its counsel shall have completed all legal due diligence, the results of which shall be satisfactory to the Administrative Agent in its sole discretion.

 

(w)                               The Administrative Agent shall have received evidence of insurance coverage in form, scope, and substance reasonably satisfactory to the Administrative Agent and otherwise in compliance with the terms of Section 7.06.

 

(x)                                 The Borrower shall have adopted a resolution to increase the size of the Board of Directors from six directors to nine directors and Lenders shall have designated

 

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up to three directors, two designated by Providence and one designated by 5NR; provided, however, that the formal appointment of such designees shall be subject to background checks on such individuals and other customary diligence; and  provided further that at least one director designated by the Lenders shall qualify as independent under rules promulgated by the NYSE American.  During the 30 days following the repayment of the Loans, Borrower may request that one of the three directors designated by Lenders tender his or her resignation from the Board of Directors; or, if Providence and its Affiliates do not own in the aggregate 5% or more of Borrower’s Common Stock, then Borrower may request that all directors designated by Lenders tender his or her resignation.   Upon receipt of such request, Providence shall advise the Lenders which director(s) is (are) to resign and the applicable Lender will cause its designee director(s) to resign.  All remaining Lender-designated directors will thereafter be deemed designees of Providence.  So long as Providence and its Affiliates own in the aggregate 5% or more of Borrower’s Common Stock, Providence shall be entitled to have two designees on the Board.

 

(y)                                 The Lenders shall have received the Budget for 2018.

 

(z)                                  The Lenders shall have received (i) evidence satisfactory to them that the Funding Account has been opened by the Borrower and (ii) all documentation necessary to cause transfers from such account to be subject to the approval of the Administrative Agent in accordance with Section 2.02(c).

 

(aa)                          The Lenders shall have received evidence satisfactory to them that Borrower has authorize a representative of Administrative Agent as a co-signer on the Operating Account for disbursements from such account of $1,000,000 or more.

 

ARTICLE VI.
  REPRESENTATIONS AND WARRANTIES

 

Borrower and the other Loan Parties represent and warrant to Lenders that:

 

6.01                        Organization; Powers.  Borrower is duly organized, validly existing and in good standing under the Laws of the jurisdiction of its organization, has all requisite power and authority, and has all governmental licenses, authorizations, consents and approvals necessary, to own its assets and to carry on its business as now conducted, and is qualified to do business in, and is in good standing in, every jurisdiction where such qualification is required.

 

6.02                        Authority; Enforceability.  The Transactions are within Borrower’s powers and have been duly authorized by all necessary corporate action including, without limitation, any action required to be taken by the Board of Directors, in order to ensure the due authorization of the Transactions.  Each Loan Document to which Borrower is a party has been duly executed and delivered by Borrower and constitutes a legal, valid and binding obligation of Borrower, enforceable against it in accordance with its terms, subject to Debtor Relief Laws or other Laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

 

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6.03                        Approvals; No Conflicts.  The Transactions (a) do not require any consent or approval of, registration or filing with, or any other action by, any Governmental Authority or any other third Person (including the Board of Directors or the governing body of any other Person, whether interested or disinterested), nor is any such consent, approval, registration, filing or other action necessary for the validity or enforceability of any Loan Document or the consummation of the Transactions contemplated thereby, except either as expressly contemplated in the Loan Documents or such as have been obtained or made and are in full force and effect, (b) will not violate any applicable Law or the Organizational Documents of Borrower or any order of any Governmental Authority, (c) will not violate or result in a default under any indenture, loan or credit agreement or other instrument in respect of Debt binding upon Borrower or its Properties, or give rise to a right thereunder to require any payment to be made by Borrower and (d) will not result in the creation or imposition of any Lien on any Property of Borrower (other than the Liens created by the Loan Documents).

 

6.04                        Financial Information; Financial Condition; No Material Adverse Change.

 

(a)                                 The financial statements furnished to the Lenders on or prior to the Closing Date present fairly the revenues, direct operating expenses, and consolidated financial condition of the Persons covered thereby as at the dates thereof and the results of their operations for the periods then ended.  All balance sheets, all statements of operations and of cash flow and all other financial information of Borrower and the other Loan Parties furnished pursuant to Section 7.01(a) and (b) have been and will for periods following the Closing Date be prepared in accordance with GAAP consistently applied (except for interim statements prepared in accordance with rules of the SEC), and do or will present fairly the consolidated financial condition of the Persons covered thereby as at the dates thereof and the results of their operations for the periods then ended.

 

(b)                                 Borrower has heretofore furnished to the Lenders on or before the Closing Date the Base Case Model.  The Base Case Model was prepared in good faith on the basis of assumptions, data, information, tests, or conditions believed to be reasonable at the time such Base Case Model was furnished.

 

(c)                                  Borrower on the date hereof has no Debt (including Disqualified Capital Stock), or any contingent liabilities (including, without limitation, any contingent liabilities related to profit participations, finder’s fees or similar arrangements), off-balance sheet liabilities or partnerships, liabilities for Taxes, unusual forward or long-term commitments or unrealized or anticipated losses from any unfavorable commitments that are not reflected on such balance sheets and statements of income, shareholders equity and cash flows or otherwise permitted under Section 8.02.

 

(d)                                 Borrower is not a party to, bound by or subject to any indenture, Material Agreement, Organizational Document, injunction, order, restriction or decree not otherwise disclosed in any SEC filing of Borrower or previously disclosed to the Lenders in writing.

 

6.05                        Litigation.  There are no actions, suits or proceedings by or before any arbitrator or Governmental Authority pending against or, to the knowledge of Borrower, threatened against or affecting Borrower.

 

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6.06        Environmental Matters.  Except for such matters as set forth on Schedule 6.06:

 

(a)           Each of the Properties of the Loan Parties and the operations thereon are, and within all applicable statute of limitation periods have been, in compliance with all applicable Environmental Laws;

 

(b)           The Loan Parties have no notice of any claims, demands, suits, orders, inquiries, or proceedings concerning any violation of, or any liability (including as a potentially responsible party) under, any applicable Environmental Law that is pending or threatened against any Loan Party or its Properties or as a result of any operations at the Properties;

 

(c)           None of its Properties contain or have contained any:  (i) underground storage tanks; (ii) asbestos-containing materials; (iii) landfills or dumps; (iv) hazardous waste management units as defined pursuant to RCRA or any comparable state Law; or (v) sites on or nominated for the National Priority List promulgated pursuant to CERCLA or any state remedial priority list promulgated or published pursuant to any comparable state Law;

 

(d)           (i) There has been no Release or threatened Release, or prior Release, of Hazardous Materials at, on, under or from any of the Loan Parties’ Properties which has caused at such Properties (or at any third party site) any condition that could result in remediation; (ii) there are no existing material investigations, remediations, abatements, removals, or monitorings of Hazardous Materials required under applicable Environmental Laws at such Properties (other than monitoring and reporting of Hydrocarbons in the ordinary course of business); and (iii) to the knowledge of Borrower, none of such Properties are adversely affected by any Release or threatened Release, or have been adversely affected by any prior Release, of a Hazardous Material originating or emanating from any other real property;

 

(e)           Borrower has not received any notice asserting an alleged liability or obligation under any applicable Environmental Laws with respect to the investigation, remediation, abatement, removal, or monitoring of any Hazardous Materials at, under, or Released or threatened to be Released from any real properties offsite Borrower’s Properties and there are no conditions or circumstances that would reasonably be expected to result in the receipt of such written notice;

 

(f)            There has been no exposure of any Person or property to any Hazardous Materials as a result of or in connection with the operations and businesses of any of the Loan Parties’ Properties that could reasonably be expected to form the basis for a claim for damages or compensation that could reasonably be excepted to result in a liability of Borrower and there are no conditions or circumstances that could reasonably be expected to result in the receipt of notice regarding such exposure; and

 

(g)           As of the Closing Date, Borrower has provided to Lenders complete and correct copies of all material environmental site assessment reports, investigations, studies, analyses, and correspondence on environmental matters (including matters relating to any alleged non-compliance with or liability under Environmental Laws) that are in Borrower’s possession, knowledge or control and relating to its Properties or operations thereon.

 

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6.07        Compliance with the Laws and Agreements; No Defaults.  Each Loan Party is in compliance with all Laws applicable to it or its Property, excluding Environmental Laws, which representations and warranties with respect thereto are addressed exclusively in Section 6.06, and all agreements and other instruments binding upon it or its Property, and possesses all licenses, permits, franchises, exemptions, approvals and other authorizations granted by Governmental Authorities necessary for the ownership of its Property and the conduct of its business.

 

6.08        Investment Company Act.  No Loan Party is an “investment company” or a company “controlled” by an “investment company,” within the meaning of, or subject to regulation under, the Investment Company Act of 1940, as amended.

 

6.09        Taxes.  Each Loan Party has timely filed or caused to be filed all Tax returns and reports required to have been filed and has paid or caused to be paid all Taxes required to have been paid by it, except where any filing, non-filing, payment or non-payment is with respect to Taxes that are being contested in good faith by appropriate proceedings and for which Borrower has set aside on its books adequate reserves in accordance with GAAP.  The charges, accruals and reserves on the books of Borrower in respect of Taxes and other governmental charges are, in the reasonable opinion of Borrower, adequate in all material respects.  No Tax Lien has been filed and no claim is being asserted with respect to any such Tax or other such governmental charge.

 

6.10        Disclosure; No Material Misstatements.  Borrower has disclosed or filed with the SEC true and correct copies of all material agreements to which it or any of its Subsidiaries, and its and their respective assets, is subject.  None of the reports, financial statements, or certificates furnished by or on behalf of Borrower to any Lender or any of its Affiliates in connection with the negotiation of this Agreement or any other Loan Document or delivered hereunder or under any other Loan Document (as modified or supplemented by other information so furnished) or in connection with the Transactions contemplated hereby or thereby contains any untrue statement of a material fact or omits to state any material fact necessary to make the statements therein, in the light of the circumstances under which they were made, not misleading.  There are no statements or conclusions in any Reserve Report known to the Borrower which are based upon or include materially inaccurate information or fail to take into account material information regarding the matters reported therein, it being understood that each Reserve Report is necessarily based on professional opinions, estimates and projections and that Borrower does not warrant that such opinions, estimates and projections will ultimately prove to have been accurate.  The most recently delivered Reserve Report was prepared in good faith on the basis of assumptions that were reasonable in light of the conditions existing at the time of delivery.

 

6.11        Insurance.  Borrower has (a) all insurance policies sufficient for the compliance with all Laws and all agreements to which Borrower is a party and (b) insurance coverage in at least amounts and against such risk (including, without limitation, public liability) that are usually insured against by companies similarly situated and engaged in the same or a similar business for the assets and operations of Borrower.  The Administrative Agent has been named as additional insured in respect of such liability insurance policies and as lender’s loss payable with respect to Property loss insurance.

 

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6.12        Subsidiaries; Equity Interests.  Except as set forth on Schedule 6.12, Borrower has no Subsidiaries and owns no Equity Interests in any other corporation, limited liability company, limited partnership, general partnership or any comparable non-U.S. entity.  Borrower has no Foreign Subsidiaries.  The ownership information with respect to each Subsidiary of Borrower, if any, is set forth on Schedule 6.12.

 

6.13        Properties; Title, Etc.

 

(a)           The Borrower has good and defensible title to, or valid leasehold and fee interests in, the Oil and Gas Properties and good title to, or valid leasehold and fee interests in, licenses of, or rights to use, all of its personal Properties necessary or used in the ordinary conduct of its business, in each case, free and clear of all Liens except Liens permitted by Section 8.03.  After giving full effect to the Excepted Liens and other than changes which arise pursuant to non-consent provisions of operating agreements or other agreements (if any) described in an exhibit to any Security Instrument, Borrower or any of the other Loan Parties specified as the owner owns at least the Net Revenue Interest attributable to the Hydrocarbon Interests and Wells as reflected in the most recently delivered Reserve Report, and as set forth in Annex B attached hereto (or in the most recent update to Annex B delivered by Borrower to Lender in accordance with Section 4.01(b)), and the ownership of such Properties shall not in any material respect obligate the Loan Parties to bear the costs and expenses relating to the maintenance, development and operations of each such Property in an amount materially in excess of the Working Interest of each Property set forth in the most recently delivered Reserve Report, and as set forth on Annex B attached hereto (or in the most recent update to Annex B delivered by Borrower to Lender in accordance with Section 4.01(b)), that is not offset by a corresponding proportionate increase in Borrower’s or any of its Subsidiaries’ Net Revenue Interest in such Property.

 

(b)           To the knowledge of Borrower, all leases and agreements necessary for the conduct of the business of Borrower are valid and subsisting, in full force and effect, and there exists no default thereunder.

 

(c)           Except as set forth in Schedule 6.13(c), there has been no event, development or circumstance that has had or could reasonably expected to have a Material Adverse Effect since the last interim financial statement date.

 

(d)           The rights and Properties presently owned, leased or licensed by Borrower including, without limitation, all easements and rights of way, include all rights and Properties necessary to permit Borrower to conduct its business in all material respects in the same manner as its business has been conducted prior to the Closing Date.

 

(e)           All of the material tangible personal Properties of Borrower that are reasonably necessary for the operation of their businesses are in good working condition (ordinary wear and tear excepted) and are maintained in accordance with prudent business standards.

 

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(f)            Except as set forth on Schedule 6.13(f), there are no (i) preferential rights to purchase or (ii) required consents to assignment, in either case, affecting any Oil and Gas Properties.

 

6.14        Maintenance of Properties.  The Oil and Gas Properties (and Properties unitized therewith) of the Borrower and its Subsidiaries have been maintained, operated and developed in a good and workmanlike manner and in conformity with all Governmental Requirements and in conformity with the provisions of all leases, subleases or other contracts comprising a part of the Hydrocarbon Interests and other contracts and agreements forming a part of the Oil and Gas Properties of the Borrower and its Subsidiaries.  Specifically in connection with the foregoing, (i) no Oil and Gas Property of the Borrower or any Subsidiary is subject to having allowable production reduced below the full and regular allowable (including the maximum permissible tolerance) because of any overproduction (whether or not the same was permissible at the time) and (ii) none of the wells comprising a part of the Oil and Gas Properties (or Properties unitized therewith) of the Borrower and its Subsidiaries is deviated from the vertical more than the maximum permitted by Governmental Requirements, and such wells are, in fact, bottomed under and are producing from, and the well bores are wholly within, the Oil and Gas Properties (or in the case of wells located on Properties unitized therewith, such unitized Properties) of the Borrower and its Subsidiaries.  The wells drilled in respect of proved producing Oil and Gas Properties described in the Reserve Report (other than wells drilled in respect of such proved producing Oil and Gas Properties that have been subsequently disposed of in accordance with the terms of this Agreement) are capable of, and are presently, either producing Hydrocarbons in commercially profitable quantities or in the process of being worked over or enhanced, and the Loan Party that owns such proved producing Oil and Gas Properties is currently receiving payments for its share of production, with no funds in respect of any thereof being presently held in suspense, other than any such funds being held in suspense pending delivery of appropriate division orders. All pipelines, wells, gas processing plants, platforms and other material improvements, fixtures and equipment owned in whole or in part by the Borrower or any Subsidiary that are necessary to conduct normal operations are being maintained in a state adequate to conduct normal operations, and with respect to such of the foregoing which are operated by the Borrower or any Subsidiary, in a manner consistent with the past practices of the Borrower and its Subsidiaries.

 

6.15        Commissions; Expenses.  No broker’s or finder’s fees or commissions have been paid or will be payable by Borrower or any of its Affiliates to any Person in connection with the Transactions contemplated by this Agreement, except as payable to Lender or its respective Affiliates.

 

6.16        ERISA.  No ERISA Event has occurred or is reasonably expected to occur that, when taken together with all other such ERISA Events for which liability is reasonably expected to occur, could reasonably be expected to result in a Material Adverse Effect.  The present value of all accumulated benefit obligations under each Plan (based on the assumptions used for purposes of Statement of Financial Accounting Standards No. 87) did not, as of the date of the most recent financial statements reflecting such amounts, exceed the fair market value of the assets of such Plan.

 

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6.17        Solvency.  After giving effect to the Transactions and any contribution provisions contained in any Loan Document, the Loan Parties and each of its Subsidiaries are Solvent.

 

6.18        Employment Matters.  As of the Closing Date, there are no strikes, lockouts or slowdowns against the Borrower or any of its Subsidiaries pending or, to the knowledge of the Borrower, threatened.  All payments due from the Borrower or any Subsidiary, or for which any claim may be made against Borrower or any Subsidiary, on account of wages and employee health and welfare insurance and other benefits, have been paid or accrued as a liability on the books of the Borrower or such Subsidiary.

 

6.19        Margin Stock.  Neither the Borrower nor any Subsidiary is engaged principally, or as one of its important activities, in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation  U issued by the Federal Reserve Board), and no part of the proceeds of any Loan will be used to purchase or carry any margin stock or to extend credit to others for the purpose of purchasing or carrying margin stock.

 

6.20        Gas Imbalances; Prepayments.  On a net basis there are no gas imbalances, take or pay or other prepayments which would require the Borrower or any Subsidiary to deliver Hydrocarbons produced from the Oil and Gas Properties of the Borrower and its Subsidiaries at some future time without then or thereafter receiving full payment therefor exceeding a volume equal to 1% of the total proved reserves (on an mcf equivalent basis) set forth in the most recently delivered Reserve Report in the aggregate.

 

6.21        Swap Agreements.  No Loan Party has entered into any Swap Agreements except as otherwise permitted by the Lenders in writing.

 

6.22        USA PATRIOT Act.  Neither Borrower nor any of its respective Affiliates is a country, individual or entity named on the Specifically Designated National and Blocked Persons list issued by the Office of Foreign Asset Control of the Department of the Treasury of the United States of America.

 

ARTICLE VII.
  AFFIRMATIVE COVENANTS

 

Borrower and the other Loan Parties covenant and agree with Lender that:

 

7.01        Financial Statements; Other Reporting and Information.  Borrower will furnish to each Lender:

 

(a)           Annual Financial Statements.  As soon as available, and not later than 90 days after the end of each fiscal year of Borrower (beginning with the fiscal year ending December 31, 2017), its audited consolidated balance sheet and related statements of operations, shareholders’ equity and cash flows as of the end of and for such year, setting forth in each case in comparative form the figures for the previous fiscal year, all reported on by Approved Independent Public Accountants to the effect that such consolidated financial statements present fairly in all material respects the financial condition and results of operations of Borrower and its Consolidated Subsidiaries on a consolidated basis, as applicable, in accordance with GAAP consistently applied.

 

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(b)           Quarterly Financial Statements.  As soon as available, and not later than 60 days after the end of each of the first three fiscal quarters of each fiscal year of Borrower, its unaudited, consolidated balance sheet and related statements of operations and cash flows as of the end of and for such fiscal quarter and the then elapsed portion of the fiscal year, setting forth, in comparative form the figures for the corresponding period or periods of (or, in the case of the balance sheet, as of the end of) the previous fiscal year, all certified by one of its Financial Officers as presenting fairly in all material respects the financial condition and results of operations of Borrower and its Subsidiaries on a consolidated basis, as applicable, in accordance with GAAP consistently applied, subject to normal year-end audit adjustments and SEC rules relating to interim financial statements.

 

(c)           Compliance Certificate.  Concurrently with any delivery of financial statements under Section 7.01(a) or Section 7.01(b), a Compliance Certificate in substantially the form of Exhibit B hereto (i) certifying as to whether a Default has occurred and, if a Default has occurred, specifying the details thereof and any action taken or proposed to be taken with respect thereto, (ii) setting forth reasonably detailed calculations demonstrating compliance with Section 8.01, and (iii) stating whether any change in the application of GAAP to the financial statements being delivered in connection with such compliance certificate has occurred since the date of the most recently delivered financial statements and, if any such change has occurred, specifying the effect of such change on the financial statements accompanying such certificate.

 

(d)           PDP PV Coverage Ratio Report. Concurrently with any delivery of financial statements under Section 7.01(a) or Section 7.01(b), a report in the form of Exhibit E hereto providing detailed calculations of the PDP PV Coverage Ratio based on the most recently delivered Reserve Report or Semi-Annual Update.

 

(e)           Budget.  Not later than 15 days prior to the end of each fiscal year beginning with the fiscal year ending December 31, 2018, an annual Budget in form satisfactory to Lenders.

 

(f)            SEC and Other Filings; Reports to Shareholders.  Promptly after the same become publicly available, copies of all financial statements, periodic and other reports, proxy statements and other materials filed by the Borrower or any Subsidiary with the SEC, or any Governmental Authority succeeding to any or all of the functions of the SEC, or with any national securities exchange, or distributed by the Borrower to its shareholders generally, as the case may be.

 

(g)           Acquisition; Mergers.  Promptly, but in any event within three (3) Business Days after entering into any written agreement between Borrower and any other Person, any information regarding any proposed or potential acquisition of Equity Interests or any merger or consolidation relating to Borrower or any Subsidiary and thereafter provide Lenders all copies of any related documents or communications, as any Lender may request; provided that (i) Borrower shall provide all such copies and information at least thirty (30) days prior to closing of any such transaction and (ii) each Lender has executed and delivered a mutually agreeable confidentiality or non-disclosure agreement until such information has been made public.

 

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(h)           Notice of Sales of Oil and Gas Properties.  In the event Borrower or any of its Subsidiaries intends to sell, transfer, assign or otherwise dispose, or has sold, transferred, assigned or otherwise disposed of, any Oil or Gas Properties or any Equity Interests in any Subsidiary, which shall be in compliance with the provisions of the Loan Documents, Borrower will provide such notice thereof, the price thereof, the anticipated date of closing and such other information requested by Lender as soon as commercially practicable but in no event less than 30 days prior to the completion of such sale, transfer, assignment or disposition.

 

(i)            Notice of Casualty Events.  Prompt written notice, and in any event within three Business Days, of the occurrence of any Casualty Event in an amount exceeding, or the commencement of any action or proceeding that could reasonably be expected to result in a Casualty Event.

 

(j)            Notices Under Material Instruments.  Promptly after the furnishing thereof, copies of any financial statement, report or notice furnished to or by any Person pursuant to the terms of any preferred stock designation, indenture, loan or credit or other similar agreement, other than this Agreement and not otherwise required to be furnished to the Lenders pursuant to any other provision of this Section 7.01.

 

(k)           Information Regarding Borrower and Guarantors.  Prompt written notice (and in any event within thirty (30) days prior thereto) of any change (i) in the Borrower’s or any Guarantor’s corporate or limited liability company name, (ii) in the location of the Borrower’s or any Guarantor’s chief executive office or principal place of business, (iii) in the Borrower’s or any Guarantor’s identity or corporate structure, (iv) in the Borrower’s or any Guarantor’s jurisdiction of organization or such Person’s organizational identification number in such jurisdiction of organization, and (v) in the Borrower’s or any Guarantor’s federal taxpayer identification number.

 

(l)            Production Report and Lease Operating Statements.  Concurrently with any delivery of financial statements under clauses (a) or (b) above, a report setting forth, for each calendar month during the then current fiscal year to date, the volume of production and sales attributable to production (and the prices at which such sales were made and the revenues derived from such sales) for each such calendar month from the Oil and Gas Properties of the Borrower and its Subsidiaries, and setting forth the related ad valorem, severance and production taxes and lease operating expenses attributable thereto and incurred for each such calendar month.

 

(m)          Notices of Certain Changes. Promptly, but in any event within five (5) Business Days after the execution thereof, copies of any amendment, modification or supplement to the certificate or articles of incorporation, by-laws, any preferred stock designation or any other Organizational Document of the Borrower or any Subsidiary.

 

(n)           Other Requested Information.  Promptly following any request therefor, such other information regarding the operations, business affairs and financial condition of any Loan Party, or compliance with the terms of this Agreement, as the Administrative Agent or any Lender may reasonably request.

 

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7.02        Notices of Material Events.  Borrower will furnish to Administrative Agent written notice within two (2) Business Days of the following:

 

(a)           the occurrence of any Default;

 

(b)           the filing or commencement of, or the threat in writing of, any action, suit, investigation, arbitration or proceeding or the threat in writing of any investigation, in each case, by or before any arbitrator or Governmental Authority against or affecting Borrower or any Subsidiary thereof, or any material adverse development in any action, suit, proceeding, investigation or arbitration (whether or not previously disclosed to the Lenders);

 

(c)           the occurrence of any ERISA Event;

 

(d)           any written notice or written claim to the effect that any Loan Party is or may be liable to any Person as a result of the release by any Loan Party, or any other Person of any Hazardous Materials into the environment, which could reasonably be expected to have a Material Adverse Effect;

 

(e)           any written notice alleging any violation of any Environmental Law by any Loan Party, which could reasonably be expected to have a Material Adverse Effect;

 

(f)            the receipt by the Borrower or any Subsidiary of any management letter or comparable analysis prepared by the auditors for the Borrower or any such Subsidiary; and

 

(g)           any other development that results in, or could reasonably be expected to result in, a Material Adverse Effect.

 

Each notice delivered under this Section 7.02 shall be accompanied by a statement of a Responsible Officer of Borrower setting forth the details of the event or development requiring such notice and any action taken or proposed to be taken with respect thereto.

 

7.03        Existence; Conduct of Business.  The Borrower will, and will cause each Subsidiary to, (a) do or cause to be done all things necessary to preserve, renew and keep in full force and effect its legal existence and the rights, qualifications, licenses, permits, franchises, governmental authorizations and intellectual property rights material to the conduct of its business, and maintain all requisite authority to conduct its business in each jurisdiction in which its business is conducted, and (b) carry on and conduct its business in substantial compliance with the Budget and substantially the same manner and in substantially the same fields of enterprise as it is presently conducted.

 

7.04        Payment of Obligations.  Borrower and each other Loan Party will pay its obligations, including Tax liabilities, before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings and (b) Borrower or such Subsidiary has set aside on its books adequate reserves with respect thereto; provided, however, each Loan Party will, and will cause each Subsidiary to,

 

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remit withholding taxes and other payroll taxes to appropriate Governmental Authorities as and when claimed to be due, notwithstanding the foregoing exceptions.

 

7.05        Operation and Maintenance of Properties.  The Borrower at its sole expense will, and will cause each of its Subsidiaries to:

 

(a)           operate its Oil and Gas Properties and other material Properties or cause such Oil and Gas Properties and other material Properties to be operated in accordance with the practices of the industry and in compliance with all applicable contracts and agreements and in compliance with all Governmental Requirements, including, without limitation, applicable pro ration requirements and Environmental Laws, and all applicable laws, rules and regulations of every other Governmental Authority from time to time constituted to regulate the development and operation of its Oil and Gas Properties and the production and sale of Hydrocarbons and other minerals therefrom;

 

(b)           keep and maintain all Property material to the conduct of its business in good working order and condition (ordinary wear and tear excepted); preserve, maintain and keep in good repair, working order and efficiency (ordinary wear and tear and obsolescence excepted) all of its material Oil and Gas Properties and other material Properties, including, without limitation, all equipment, machinery and facilities;

 

(c)           promptly pay and discharge, or make reasonable and customary efforts to cause to be paid and discharged, all delay rentals, royalties, expenses and indebtedness accruing under the leases or other agreements affecting or pertaining to its Oil and Gas Properties and do all other things necessary to keep materially unimpaired its rights with respect thereto and prevent any forfeiture thereof or default thereunder;

 

(d)           promptly perform, or make reasonable and customary efforts to cause to be performed, in accordance with industry standards, the obligations required by each and all of the assignments, deeds, leases, sub-leases, contracts and agreements affecting its interests in its Oil and Gas Properties and other material Properties;

 

(e)           operate its Oil and Gas Properties and other material Properties or cause or make reasonable and customary efforts to cause such Oil and Gas Properties and other material Properties to be operated in accordance with the practices of the industry and in material compliance with all applicable contracts and agreements and in compliance in all material respects with all Governmental Requirements; and

 

(f)            to the extent that a Loan Party is not the operator of any Property, the Borrower shall use reasonable efforts to cause the operator to comply with this Section 7.05.

 

7.06        Insurance.  The Borrower will, and will cause each of its Subsidiaries to, maintain, with financially sound and reputable insurance companies, insurance in such amounts and against such risks as are customarily maintained by companies engaged in the same or similar businesses operating in the same or similar locations.  The loss payable clauses or provisions in said insurance policy or policies insuring any of the Collateral for the Loans shall

 

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be endorsed in favor of and made payable to the Administrative Agent as its interests may appear and such policies shall name the Administrative Agent as “additional insured” and provide that the insurer will give at least thirty (30) days prior written notice to the Administrative Agent of any cancellation (or ten (10) days prior written notice in the event of cancellation for nonpayment of provisions).

 

7.07        Books and Records; Inspection Rights.  The Borrower will, and will cause each Subsidiary to, keep proper books of record and account in which full, true and correct entries are made of all dealings and transactions in relation to its business and activities.  The Borrower will, and will cause each Subsidiary to, permit any representatives designated by the Administrative Agent or any Lender, upon reasonable prior notice, to visit and inspect its properties, to examine and make extracts from its books and records, and to discuss its affairs, finances and condition with its officers and independent accountants, all at such reasonable times and as often as reasonably requested.

 

7.08        Compliance with Laws.  The Borrower will, and will cause each Subsidiary to, comply with all Requirements of Law applicable to it or its Property.

 

7.09        Use of Proceeds.  The proceeds of the Loans will be used only to pay the fees, expenses and transaction costs of the Transactions as described in the Letter Agreement and the Funds Flow and the Base Case Model.  No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Federal Reserve Board, including Regulations T, U and X.

 

7.10        Environmental Matters.  Borrower will and will use commercially reasonable effort to cause the operator of any of the Loan Parties’ Oil and Gas Properties to (i) comply, and cause Borrower’s Oil and Gas Properties and operations to comply in all material respects, with all applicable Environmental Laws; (ii) not dispose of or otherwise release any oil, oil and gas waste, hazardous substance, or solid waste on, under, about or from any of Borrower’s Oil and Gas Properties except in compliance in all material respects with applicable Environmental Laws; (iii) timely obtain or file all material notices, permits, licenses, exemptions, approvals, registrations or other authorizations, if any, required under applicable Environmental Laws to be obtained or filed in connection with the operation or use of Borrower’s Oil and Gas Properties; (iv) promptly commence and diligently prosecute to completion any assessment, evaluation, investigation, monitoring, containment, cleanup, removal, repair, restoration, remediation or other remedial obligations (collectively, the “Remedial Work”) in the event any Remedial Work is required or reasonably necessary under applicable Environmental Laws because of or in connection with the actual or suspected past, present or future disposal or other release of any oil, oil and gas waste, hazardous substance or solid waste on, under, about or from any of Borrower’s Oil and Gas Properties; and (v) establish and implement such policies of environmental audit and compliance as may be necessary to continuously determine and assure that the obligations under this Section 7.06 are timely and fully satisfied.

 

7.11        Further Assurances.

 

(a)           The Borrower at its sole expense will, and will cause each Subsidiary to, promptly execute and deliver to the Administrative Agent all such other documents,

 

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agreements and instruments reasonably requested by the Administrative Agent to comply with, cure any defects or accomplish the conditions precedent, covenants and agreements of the Borrower or any other Loan Party, as the case may be, in the Loan Documents, including the Notes, or to further evidence and more fully describe the Collateral intended as security for the Obligations, or to correct any omissions in this Agreement or the Security Instruments, or to state more fully the obligations secured therein, or to perfect, protect or preserve any Liens created pursuant to this Agreement or any of the Security Instruments or the priority thereof, or to make any recordings, file any notices or obtain any consents, all as may be reasonably necessary or appropriate, in the reasonable discretion of the Administrative Agent, in connection therewith.

 

(b)           The Borrower hereby authorizes the Administrative Agent to file one or more financing or continuation statements, and amendments thereto, relative to all or any part of the Collateral without the signature of the Borrower or any other Guarantor where permitted by law. A carbon, photographic or other reproduction of the Security Instruments or any financing statement covering the Collateral or any part thereof shall be sufficient as a financing statement where permitted by law. The Borrower acknowledges and agrees that any such financing statement may describe the collateral as “all assets” of the applicable Loan Party or words of similar effect as may be required by the Administrative Agent.

 

7.12        Reserve Reports.

 

(a)           On or before March 15 of each year, Borrower shall furnish to Lenders a Reserve Report attributable to the Hydrocarbon Interests of Borrower as of the immediately preceding January 1. Each Reserve Report shall be prepared by the Approved Petroleum Engineers.  Additionally, Borrower shall furnish to Lender within 30 days of June 30 of each calendar year, an internally-prepared update of the Reserve Report reflecting additions and subtractions to the Hydrocarbons (the “Semi-Annual Update”) as of June 30 of each calendar year.  Each Semi-Annual Update shall (x) be prepared by or under the supervision of the chief engineer of Borrower and (y) include an analysis using the pricing assumptions set forth in Section 7.12(b)(iii) below.  At Lenders’ request, the Semi-Annual Update shall be audited or engineered at Borrower’s expense.

 

(b)           Each Reserve Report shall be prepared in accordance with the following requirements and assumptions:

 

(i)            Proved Reserves shall be estimated and reported in accordance with Definitions for Oil and Gas Reserves promulgated by the Society of Petroleum Engineers (or any generally recognized successor) as in effect at the time in question;

 

(ii)           A production forecast shall be provided that is consistent with the Proved Reserves, recent production rates and trends, and regulatory requirements, operational considerations, and infrastructure or market constraints in effect at the time;

 

(iii)          Hydrocarbon pricing assumptions—

 

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(A)          for all natural gas to be sold by Borrower, the purchase price for each month in the forecast will be the monthly natural gas futures quotes as reflected in NYMEX as of the effective date of the Reserve Report;

 

(B)          for all natural gas to be sold by Borrower on a fixed price basis or with respect to which the price has been hedged, the purchase price will be the fixed price for the volumes indicated in the contract, agreement or arrangement;

 

(C)          for all crude oil to be sold by Borrower other than crude oil described in Section 7.12(b)(iii)(D), the purchase price for each month in the forecast will be the monthly crude oil futures quotes as reflected in the NYMEX after applying any hedges in place as of the effective date of the Reserve Report or the Semi-Annual Update, as the case may be for the remaining term of the Loan;

 

(D)          for natural gas liquids to be sold by Borrower, the purchase price for each month in the forecast will be the crude oil purchase prices obtained pursuant to Section 7.12(b)(iii)(C) multiplied by natural gas liquids adjustment factor based on historical realizations; and

 

(E)           all Hydrocarbon pricing assumptions will be further adjusted by appropriate quality, transportation and location differentials as reflected in Borrower’s lease operating statements;

 

(iv)          projected operating expenses will reflect the current operating conditions as defined by the average of the previous twelve months of actual expenses as reported in Borrower’s lease operating statements, and Approved by Lender; and

 

(v)           Capital expenditures will be based on AFEs and actual costs from similar recent projects.

 

7.13        Creditors.  Borrower shall provide each Lender, within ten (10) Business Days following any written request therefor from any Lender, a true and complete schedule of Borrower’s creditors, including the amount due to each and the date each payment is due.

 

7.14        Conversion Rights.

 

(a)           Conversion Privilege. Subject to and in compliance with this Section 7.14, at any time on or after the Closing Date and until the Termination Date, each Lender may, from time to time, convert all or part of the outstanding principal amount of Loans made by such Lender to Borrower for shares of Common Stock.

 

(i)            With respect to each Lender, with regard to 20% of the Loan Balance, the number of shares of Common Stock issuable upon conversion shall be determined by dividing said principal by a price per share of Common Stock of $1.15 (the “Minimum Conversion Price”), as that price may be adjusted pursuant to this Section 7.14.

 

(ii)           With respect to each Lender, with regard to the remaining 80% of the Loan Balance, the number of shares of Common Stock issuable upon conversion shall be

 

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determined by dividing the aggregate principal amount of the Loan Balance to be converted by a price per share of Common Stock of $1.55, as such price per share may be adjusted pursuant to this Section 7.14 (the “Maximum Conversion Price”).

 

(iii)          Any prepayments of the principal amount of the Loans will first reduce the amount of the outstanding principal convertible by each Lender pursuant to Section 7.14(a)(ii) above.  If 80% of the principal of the Loans has been repaid, then future prepayments will reduce the amount of the outstanding principal convertible pursuant to Section 7.14(a)(i) above.

 

(iv)          Any conversions exercised by any Lender consistent with this Section 7.14 will first reduce the amount of the outstanding principal convertible by such Lender pursuant to Section 7.14(a)(i) above.  Subsequent conversions by any Lender will reduce the amount of the outstanding principal convertible by such Lender pursuant to Section 7.14(a)(ii) above.

 

(b)           Conversion Procedure. To exercise its conversion right, Lender must deliver a written Notice of Conversion in the form of Exhibit F (the “Notice of Conversion”), which notice shall specify the amount of the Loan Balance being converted on such date (the “Convertible Debt Amount”). Borrower shall deliver to Lender, no later than the third Business Day following Borrower’s receipt of a Notice of Conversion a certificate for the number of full shares of Common Stock issuable upon the conversion and cash in payment for any interest accrued but unpaid on the Convertible Debt Amount and in lieu of any fractional share determined pursuant to Section 7.14(c). The Person in whose name the certificate is registered shall be treated as the stockholder of record on and after the date such certificate is issued (the “Conversion Date”). Upon conversion, that portion of the Convertible Debt Amount shall be paid in shares of Common Stock.

 

(c)           Fractional Shares. Borrower will not issue any fractional shares of Common Stock upon conversion of the Convertible Debt Amount. Instead Borrower will deliver cash for the value of any fractional share. The value of a fractional share shall be determined to the nearest 1/1000th of a share by multiplying the Conversion Price by the fractional amount and rounding the product to the nearest whole cent.

 

(d)           Taxes on Conversion. If Lender converts any Convertible Debt Amount, Borrower shall pay any documentary, stamp or similar issue or transfer tax due on the issue of the shares of Common Stock upon the conversion. Nothing herein shall preclude any tax withholding required by law or regulations.

 

(e)           Adjustment for Change in Capital Stock.  In case Borrower shall (i) pay a dividend, or make a distribution, in shares of Common Stock, on its shares of Common Stock as expressly permitted herein, (ii) subdivide its outstanding Common Stock into a greater number of shares, or (iii) combine its outstanding Common Stock into a smaller number of shares, the Conversion Price in effect immediately prior thereto shall be adjusted so that Lenders upon converting the Convertible Debt Amount thereafter shall be entitled to receive the number of shares of Common Stock which Lender would have owned or have been entitled to receive after the occurrence of any of the events described above had such Convertible Debt Amount been

 

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converted immediately before the occurrence of such event. If any dividend or distribution of the type described in clause (i) above is not so paid or made, the Conversion Price shall again be adjusted to the Conversion Price, as applicable, which would then be in effect if such dividend or distribution had not been declared. An adjustment made pursuant to this Section 7.14(e) shall become effective immediately after the record date in the case of a dividend and shall become effective immediately after the effective date in the case of a subdivision or combination.

 

(f)            Notice of Adjustment.  Whenever the Conversion Price is adjusted pursuant to any provision of this Section 7.14, Borrower shall promptly deliver to Lender a notice setting forth the Conversion Price after such adjustment and setting forth a brief statement of the facts requiring such adjustment.

 

7.15        Share Purchase Option-Private Placement

 

(a)           Lenders’ Privilege.     Subject to and in compliance with this Section 7.15, Borrower grants to each Lender an option (the “Lenders’ Option”), exercisable for one time only beginning on the Maturity Date and continuing for a period of 12 months thereafter (the “Expiration Date”), to purchase such Lender’s allocable portion of up to $25,000,000 (in proportion to the Lenders’ Commitments) of Borrower’s Common Stock at a price per share equal to the then-30 day volume weighted average price of the Common Stock as determined with reference to the principal trading market for the Common Stock, less a discount of 10%; provided, however, that the price per share for the Common Stock in any such transaction shall not be less than $1.85, as such price shall be adjusted in the same circumstances and manner as the Conversion Price is adjusted under Section 7.14(e).  Lenders shall be granted registration rights with respect to such securities acquired substantially in the form of the Registration Rights Agreement.

 

(b)           Exercise of Lenders’ Option.   The Lenders’ Option shall be exercisable by each Lender by delivering to Borrower a Notice of Exercise executed by such Lender in the form attached as Exhibit G not later than 5:00 pm Mountain Time on the Expiration Date, which notice shall be irrevocable.  If the Expiration Date shall not be a Business Day, the option shall be exercisable until 5:00 p.m. on the next succeeding Business Day.  Within 10 Business Days following receipt of a Notice of Exercise, Borrower shall compute the applicable sale price for the transaction and the number of shares to be purchased by each Lender and deliver such information to each Lender. Borrower’s determination of the sale price shall be final and binding, absent manifest error.

 

(c)           Closing of Purchase.   The closing of the purchase and sale of the Common Stock pursuant to a Lender’s exercise of the Lenders’ Option shall be completed within not more than 30 days following Borrower’s receipt of the Notice of Exercise.

 

7.16        Securities Purchase Option.

 

(a)           Lenders’ Privilege.  From the Closing Date to December 31, 2018, Lenders shall have the option to purchase up to 50% of any securities offered by Borrower in any public or private offering during that time other than Excluded Offerings.  From and after January 1, 2019, Lenders shall have the option to purchase up to 25% of any securities offered

 

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by Borrower in any public or private offering other than Excluded Offerings.  In either event, Lenders shall be entitled to purchase their allotted portion of any securities on the same terms and conditions as other purchasers in the public or private offering.  Lenders shall be granted registration rights with respect to such securities acquired substantially in the form of the Registration Rights Agreement.

 

(b)           Exercise of Privilege.  In the event Borrower proposes to conduct an offering (other than an Excluded Offering) after the Closing Date, whether by means of a private placement, underwritten offering or other offering, Borrower shall give Lenders not less than 20 days’ advance written notice of the proposed offering, including a description of the securities, the price per share or other unit, the plan of distribution and date of commencement.  Lenders shall have five Business Days from receipt of such notice to accept such offer by providing written notice to Borrower. Such acceptance shall be irrevocable unless Borrower notifies Lenders that the terms of the offering have changed in any material respect.  In the event of any material change in the terms, Borrower shall provide notice of such change and Lenders shall have three Business Days to reaffirm their participation or decline.

 

7.17        Lenders’ Warrants  Borrower hereby grants to each Lender a warrant to purchase such Lender’s allocable portion of  1,500,000 shares of Common Stock (in proportion to the Lenders’ Commitments) exercisable beginning on the Closing Date and continuing until the Maturity Date (“Warrant”).  The Warrant shall be exercisable at a price of $0.01 per share, subject to adjustment in certain events as provided in the Warrant.  The Warrant shall be in the form of Exhibit H.

 

7.18        Borrower Covenants with Respect to the Common Stock.

 

(a)           Registration Rights Agreement.  Contemporaneously with the execution of this Agreement, the parties have entered into the Registration Rights Agreement covering all Common Stock or other equity securities issuable to Lenders upon conversion of the Notes or exercise of Lenders’ rights under Sections 7.14, 7.15, 7.16 and 7.17.  At any time when a Registration Default (as defined under the Registration Rights Agreement) has occurred and is continuing, then, automatically in such case, (i) if the Loans are outstanding, all Loans outstanding, together with all overdue amounts shall bear additional interest at a rate per annum equal to the Default Rate for as long as such Registration Default is continuing or (ii) if the Loans are no longer outstanding, Borrower shall pay to Lenders as directed by the Administrative Agent, an amount equal to the daily amount of interest that would accrue on the maximum principal amount of Loans advanced by the Lenders hereunder if such principal amount were still outstanding at a rate per annum equal to the Default Rate as long as such Registration Default is continuing.

 

(b)           Reserve for Issuance. Borrower has reserved and shall maintain out of its authorized but unissued shares of Common Stock a sufficient number of shares of Common Stock to permit the conversion by Lenders of the maximum number of shares of Common Stock into which Lenders may convert the Notes under Section 7.14 and that Lenders may acquire under Sections 7.15 and 7.17. All shares of Common Stock delivered upon conversion of any Convertible Debt Amount or upon exercise of Lenders’ rights provided in Sections 7.15, 7.16 and 7.17 shall be newly issued shares or treasury shares, shall be duly and validly issued and

 

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fully paid and non-assessable and shall be free from preemptive rights and free of any Lien, charge or adverse claim or similar encumbrances.

 

7.19        Board of Directors Rights.  In addition to the rights granted to Lenders in Section 5.01(x) with regard to Lenders’ right to designate three additional members to Borrower’s Board of Directors, Borrower agrees that following an Event of Default, Lenders shall have the right to nominate a majority of the Board of Directors.  Such nomination shall be subject to a vote of the Borrower’s shareholders at Borrower’s next annual meeting of shareholders, or at Lenders’ option, at a special meeting of shareholders called for that purpose.  Borrower agrees to take all corporate actions to facilitate such appointment, including, without limitation, holding such special meeting at Lenders’ request and paying the costs associated with the meeting, including the solicitation of proxies if required.  Notwithstanding the forgoing, any nominations by Lenders must result in a majority of the Board of Directors being deemed independent under rules promulgated by the NYSE American.  At the request of Borrower, any individual elected to the Board of Directors pursuant to this Section 7.19 shall tender his or her resignation from such Board at such time as the Event of Default is cured or when the Loans are repaid in full.

 

7.20        Additional Guarantors.  If the Borrower shall form or acquire a Subsidiary or otherwise determines that any Person is a Subsidiary, then the Borrower shall promptly cause such Subsidiary to (i) execute and deliver to the Administrative Agent a Guaranty Agreement, (ii) absolutely and unconditionally guarantee the payment and performance of the Obligations pursuant to the Guaranty Agreement, and (iii) grant to the Administrative Agent, for the benefit of the Security Parties, a perfected, first-priority security interest in and Lien on all or substantially all of the assets of such Subsidiary, including all of the Equity Interests of each Subsidiary now or hereafter owned by such Subsidiary.  Each Loan Party expressly agrees that its obligations arising under the Loan Documents shall not be affected or diminished by the addition or release of any other Loan Party.

 

7.21        Tax Reporting.  The Borrower agrees to consult with each Lender prior to filing any tax return which includes a valuation of any equity rights granted to such Lender hereunder, including for purposes of determining the amount of any “original interest discount” with respect to the Loans.

 

7.22        Post-Closing Requirement.  No later than February 14, 2018 (or such later date as the Administrative Agent may permit in its sole discretion), the Borrower shall have taken all actions required by the Administrative Agent to cause CFW Resources LLC (“CFW”) to be a Loan Party, including, without limitation, delivery of the following, each in form and substance satisfactory to the Lenders: (a) a Pledge Agreement executed by the Borrower pursuant to which the Equity Interests owned by the Borrower in CFW will constitute Collateral; (b) a Guaranty Agreement executed by CFW; (c) Mortgages and all other Security Instruments required by the Lenders as necessary to establish perfected Liens in favor of the Administrative Agent covering all of the assets of CFW; (d) a certificate of a Responsible Officer of CFW setting forth (i) resolutions of its managers or other governing body with respect to the authorization of CFW to execute and deliver the Loan Documents to which it is a party and to enter into the Transactions contemplated in those documents, (ii) the officers of CFW (Y) who are authorized to sign the Loan Documents to which CFW is a party and (Z) who will, until replaced by another officer or officers duly authorized for that purpose, act as its representative for the purposes of signing

 

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documents and giving notices and other communications in connection with the Loan Documents and the Transactions contemplated hereby, (iii) specimen signatures of such authorized officers, and (iv) the Organizational Documents of CFW, certified as being true and complete; (e) an opinion of Polsinelli PC, special counsel to CFW covering such matters relating to CFW and the Loan Documents as the Lenders shall request; and (f) such other certificates and documents as the Administrative Agent shall request in connection therewith.

 

ARTICLE VIII.
  NEGATIVE COVENANTS

 

Borrower and the other Loan Parties covenant and agree with Lender that:

 

8.01        Financial Covenants.

 

(a)           Total Leverage Ratio.

 

(i)            Borrower shall not permit, for the trailing four fiscal quarter period ending on the dates provided in the table below, the Total Leverage Ratio to exceed the ratio provided opposite such date:

 

	
Fiscal Quarter End
    	
 
    	
Maximum Total
    Leverage Ratio
    
	
June 30, 2018
    	
 
    	
4.0 to 1.0
    
	
September 30, 2018
    	
 
    	
4.0 to 1.0
    
	
December 31, 2018
    	
 
    	
4.0 to 1.0
    
	
March 31, 2019 and the last   day of each fiscal quarter ended thereafter
    	
 
    	
3.5 to 1.0
    

 

;provided, that for purposes of calculating the Total Leverage Ratio in this Section 8.01(a)(i): (x) as of June 30, 2018, EBITDA shall be measured by multiplying the EBITDA for the two fiscal quarters then ending by two (2); and (y) as of September 30, 2018, EBITDA shall be measured by multiplying the EBITDA for the three fiscal quarters then ending by 4/3rds.

 

(b)           PDP PV Coverage Ratio.  Borrower shall not permit the PDP PV Coverage Ratio to be less than (i) during the period from June 30, 2018 through and including December 31, 2018, 1.10 to 1.00, and (ii) after December 31, 2018, 1.25 to 1.00.

 

8.02        Debt.  Borrower will not, and will not permit any of the other Loan Parties to, incur, create, assume or suffer to exist any Debt, except:

 

(a)           the Obligations.

 

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(b)           Debt incurred to finance the acquisition, construction or improvement of any fixed or capital assets, including Capital Leases and any Debt assumed in connection with the acquisition of any such assets or secured by a Lien on any such assets prior to the acquisition thereof, and extensions, renewals and replacements of any such Debt that do not increase the outstanding principal amount thereof; provided that (i) such Debt is incurred prior to or within 90 days after such acquisition or the completion of such construction or improvement and (ii) the aggregate principal amount of obligations permitted by this Section 8.02(b) shall not exceed $100,000 at any time outstanding.

 

(c)           Debt incurred or deposits made by Borrower (i) under worker’s compensation Laws, unemployment insurance Laws or similar legislation, or (ii) in connection with bids, tenders, contracts (other than for the payment of Debt) or leases to which such Borrower or such Subsidiary is a party prior to the Closing Date, (iii) to secure public or statutory obligations of such Borrower, and (iv) of cash or United States Government bonds made to secure the performance of statutory obligations, surety, stay, customs and appeal bonds to which such Borrower is a party in connection with the operation of the Oil and Gas Properties, in each case in the ordinary course of business and consistent with past practices.

 

(d)           intercompany Debt between the Borrower and any Guarantor or between Guarantors; provided that all such Debt is unsecured and subordinated to the Indebtedness as and to the extent set forth in the Guaranty Agreement.

 

(e)           endorsements of negotiable instruments for collection in the ordinary course of business and consistent with past practices.

 

(f)            the Convertible Note Debt outstanding as of the Closing Date; provided that (i) the principal amount of such Debt is not increased after the Closing Date or reclassified and (ii) the rate of interest charged with respect to such Debt is not increased, unless, in each case, approved by the Lenders.

 

(g)           Debt existing on the date hereof and set forth in Schedule 8.02 and extensions, renewals and replacements of any such Debt that do not increase the outstanding principal amount thereof or shorten the tenor.

 

(h)           Debt incurred in connection with the financing of insurance premiums in the ordinary course of business consistent with past practices and the sound business judgment of Borrower and in an aggregate amount not to exceed $150,000 outstanding at any time, exclusive of any premiums for D&O policies which insure Borrower or its officers or directors, as such insurance exists as of the Closing Date unless otherwise Approved by Lender.

 

(i)            the Debt under the Existing Providence Facility B remaining after the partial repayment of such Debt with the proceeds of the Loans.

 

(j)            other unsecured Debt of Borrower; provided that the aggregate principal amount of Debt permitted by this clause (i) shall not exceed $250,000 at any time outstanding.

 

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8.03        Liens.  Borrower will not, and will not permit any of the other Loan Parties to, create, incur, assume, suffer to exist or permit to exist any Lien on any of its Properties (now owned or hereafter acquired), except:

 

(a)           Liens securing the Obligations.

 

(b)           Excepted Liens.

 

(c)           Liens on fixed or capital assets acquired, constructed or improved by Borrower, including Liens securing Capital Leases; provided that (i) such security interests secure only Debt permitted by Section 8.02(b) and (ii) such security interests shall not apply to any other property or assets of any Borrower or any Subsidiary.

 

(d)           Liens on insurance policies, premiums and assets related to the insurance policy being financed in accordance with Section 8.02(h) of this Agreement.

 

(e)           any Lien on any property or asset of any Borrower existing on the date hereof and set forth in Schedule 8.03; provided that (i) such Lien shall not apply to any other property or asset of any Borrower or any Subsidiary and (ii) such Lien shall secure only those obligations which it secures on the date hereof and extensions, renewals and replacements as permitted by Section 8.02(g).

 

8.04        Investments, Loans and Advances.  Borrower will not, and will not permit any of the other Loan Parties to, make or permit to remain outstanding any Investments in or to any Person, other than:

 

(a)           outstanding (but not increases in) Investments listed on Schedule 8.04.

 

(b)           accounts receivable arising in the ordinary course of business and consistent with past practices.

 

(c)           Investments (i) made by the Borrower in or to any Guarantor (or any Person that becomes a Guarantor upon the making of such investment so long as such investment is not made in connection with the acquisition of such Person); and (ii) made by any Guarantor in or to any other Guarantor (or any Person that becomes a Guarantor upon the making of such investment so long as such investment is not made in connection with the acquisition of such Person).

 

(d)           Guarantees constituting Debt to the extent permitted by Section 8.02.

 

(e)           Investments by the Borrower and its Subsidiaries that are (i) customary in the oil and gas exploration and production business, (ii) made in the ordinary course of the Borrower’s or such Subsidiary’s business, and (iii) made in the form of, or pursuant to, oil, gas and mineral leases, operating agreements, farm-in agreements, farm-out agreements, development agreements, unitization agreements, joint bidding agreements, services contracts and other similar agreements that a reasonable and prudent oil and gas industry owner or operator would find acceptable.

 

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(f)            Investments consisting of endorsements for collection or deposit in the ordinary course of business and consistent with past practices.

 

(g)           Investments represented by prepaid expenses made in the ordinary course of business and consistent with past practices.

 

(h)           other Investments not to exceed $50,000 in the aggregate at any time.

 

8.05        Nature of Business; Budget.  Borrower will not, and will not permit any of the other Loan Parties to, allow any material change to be made in the character of its business as an independent oil and gas exploration and production company and related gas gathering and processing.  Borrower will not, and will not permit any of its Subsidiaries to, operate its business outside the geographical boundaries of the United States, excluding offshore state and federal waters.  The Borrower shall not permit its actual cumulative disbursements for any calendar month to be materially greater than the disbursements reflected in the Budget for such month; provided, however, that savings from the budget for any prior month may be applied to and dispersed in a later month.

 

8.06        Mergers, Etc.  Borrower will not, and will not permit any of the other Loan Parties to, merge into or with or consolidate with any other Person, or sell, lease or otherwise dispose of (whether in one transaction or in a series of transactions) all or substantially all of its Property to any other Person, except that any Subsidiary may merge with, or sell all or substantially all its assets to, any other Subsidiary and that Borrower may merge with any Subsidiary so long as Borrower is the survivor; provided that at the time thereof and immediately after giving effect thereto no Default shall have occurred and the Administrative Agent shall continue to have a first priority Lien on the Collateral; provided further that Borrower shall have provided 30-days’ prior written notice to the Lenders.

 

8.07        Disposition of Properties.  Borrower will not, and will not permit any of the other Loan Parties to, sell, assign, farm-out, convey or otherwise transfer any Property, or enter into any agreement with respect to the foregoing, except for:

 

(a) the sale of Hydrocarbons in the ordinary course of business;

 

(b) the sale of equipment and related items in the ordinary course of business that are obsolete or no longer necessary in the business of the Borrower or any of its Subsidiaries or that is being replaced by equipment of at least comparable value and utility;

 

(c) like-kind acreage swaps;

 

(d) sales or other dispositions of Oil and Gas Properties or any interest therein or the Subsidiary owning Oil and Gas Properties not otherwise permitted by this Section, provided that (i) no Event of Default has occurred or will result from such sale or disposition; (ii) the consideration received in respect of any sale or other disposition shall be equal to or greater than the fair market value (as approved by the Administrative Agent) of the Oil and Gas Property, any interest therein or the Subsidiary subject of such sale or other disposition, (iii) if any such sale or other disposition is of a Subsidiary owning Oil and Gas Properties, such sale or other disposition shall include all the Equity Interests of such Subsidiary that are owned by Borrower and its

 

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Subsidiaries, and (iv) the fair market value of the Oil and Gas Properties sold shall not exceed (x) $100,000 for any one transaction or $250,000 in the aggregate for all such transactions during any 12-month period or (y) $1,000,000 during any calendar year so long as no later than 90 days after the consummation of such sale pursuant to this clause (y) the proceeds of such sale are either used by the Borrower to purchase like-kind Oil and Gas Properties (and a Lien has been granted to the Administrative Agent on such like-kind properties) or the Borrower shall  have repaid the principal amount of the Loans in an amount equal to such proceeds; or

 

(e)           other sales or dispositions of Oil and Gas Properties permitted by the Lenders in their sole discretion.

 

8.08        Restricted Payments.  The Borrower will not, nor will it permit any of its Subsidiaries to, declare or make, or agree to pay or make, directly or indirectly, any Restricted Payment, or incur any obligation (contingent or otherwise) to do so, except that (a) the Borrower may declare and pay dividends with respect to its Equity Interests payable solely in additional Equity Interests (other than Disqualified Capital Stock), and (b) any Subsidiary may declare and pay dividends and distributions ratably with respect to its Equity Interests.

 

8.09        Joint Ventures.  Without the prior approval of the Lenders, Borrower will not, and will not permit any of the other Loan Parties to, enter into, agree to enter into or commit any of their respective Properties in connection with the organization of any partnership, joint venture, joint development (including drillco arrangements) or similar arrangement.

 

8.10        Change in Management or Compensation.  Without the approval of Lenders, Borrower will not, and will not permit any of the other Loan Parties to, (i) hire or terminate any executive officers or key employees, (ii) increase or decrease the size of the Board of Directors, or (iii) change in any material respect the compensation of such executive officers or key employees except as set forth in the Base Case Model; provided, however that nothing in this Section 8.10 shall prevent the Board of Directors from taking any action that it believes is necessary to fulfill its fiduciary duty to the shareholders.  For purposes of this Section 8.10, “key employee” shall mean any employee with a title of vice-president or above.

 

8.11        Organizational Documents; Material Agreements; Funding and Operating Accounts.  Without the prior written consent of the Lenders, Borrower will not, and will not permit any of the other Loan Parties to, and shall not permit any of its Subsidiaries to, (a) amend, restate or otherwise modify (i) its Organizational Documents; (ii) its name or change its jurisdiction of incorporation, organization or formation; or (iii) the documents executed by the Borrower providing for the creation or that otherwise govern the Funding Account and the Operating Account or otherwise establishing the controls provided to Administrative Agent with respect to such accounts as required pursuant to Sections 2.02(c) and (d); or (b) amend or otherwise modify any indenture, loan agreement or other material agreement (including the Convertible Notes) so as to (y) release, qualify, limit, make contingent or otherwise adversely affect the rights and benefits of any Lender under or acquired pursuant to any Loan Document or (z) otherwise conflict with any other specific provision in this Agreement or any other Loan Document.  Borrower shall provide to each Lender executed copies of any amendments or other modifications to its Organizational Documents permitted by clause (a) above within three (3) Business Day of entering into any such amendment or modification.

 

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8.12        Limitations on Equity Sales.             Without the consent of Lenders, Borrower will not, and will not permit any of the other Loan Parties to, (a) issue or sell any of its equity securities, (b) issue or sell any securities that are convertible or exercisable for equity securities or (c) reclassify any such equity securities; provided, however, that the forgoing shall not prohibit any issuance (i) of securities pursuant to Permitted Equity Sales, (ii) pursuant to the exercise or conversion of outstanding warrants, options or Convertible Notes, (iii) pursuant to the Lenders’ Warrants, Lender’s Options or Conversion of the Loans, or (iv) under the Borrower’s Amended and Restated Equity Incentive Plan so long as the exercise price of any securities issued under such plan are exercisable at a price not less than the closing price of the Common Stock on the date of issuance and provided that, in the case of clauses (ii), (iii) and (iv), such securities are not amended after the date hereof to increase the number of shares of Common Stock issuable thereunder or to lower the exercise or conversion price thereof.

 

8.13        Transactions with Affiliates.  The Borrower will not, nor will it permit any of its Subsidiaries to, sell, lease or otherwise transfer any Property, or purchase, lease or otherwise acquire any Property from, or otherwise engage in any other transactions with, any of its Affiliates, except (a) transactions that (i) are in the ordinary course of business and (ii) are at prices and on terms and conditions not less favorable to the Borrower or such Subsidiary than could be obtained on an arm’s-length basis from unrelated third parties and (b) transactions between or among the Borrower and the Guarantors not involving any other Affiliate.

 

ARTICLE IX.
  EVENTS OF DEFAULT; REMEDIES

 

9.01        Events of Default.  One or more of the following events shall constitute an “Event of Default”:

 

(a)           Borrower shall fail to pay any principal, interest or any fee or any other amounts payable under any Loan Document when and as the same shall become due and payable, whether at the due date thereof or by acceleration or otherwise;

 

(b)           any representation or warranty made or deemed made by or on behalf of the Borrower or any other Loan Party in or in connection with any Loan Document or any amendment or modification of any Loan Document or waiver under such Loan Document, or in any report, certificate, or financial statement furnished pursuant to or in connection with any Loan Document or any amendment or modification thereof or waiver thereunder, shall prove to have been incorrect in any material respect (without duplication of any materiality qualifier contained therein) when made or deemed made;

 

(c)           the Borrower or any other Loan Party shall fail to observe or perform any covenant, condition or agreement contained in Section 7.01, Section 7.02, Section 7.03, Section 7.06, Section 7.22, or Article VIII;

 

(d)           Borrower or any of its Subsidiaries shall fail to observe or perform any covenant, condition or agreement contained in this Agreement (other than those specified in Section 9.01(a) or (c)) or any other Loan Document and such failure shall continue unremedied for a period of 30 days after the earlier to occur of (A) notice thereof from

 

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the Administrative Agent or any Lender to Borrower or (B) a Responsible Officer of Borrower or any of its Subsidiaries otherwise becoming aware of such default;

 

(e)           Borrower or any of its Subsidiaries shall fail to make any payment (whether of principal or interest or other amounts and regardless of amount) in respect of any Material Indebtedness, when and as the same shall become due and payable, and such failure shall continue after the applicable grace period, if any, specified in the agreement or instrument relating to such Material Indebtedness;

 

(f)            any event or condition occurs that results in any Material Indebtedness becoming due prior to its scheduled maturity or that enables or permits (with or without the giving of notice, the lapse of time or both) the holder or holders of such Material Indebtedness or any trustee or agent on its or their behalf to cause such Material Indebtedness to become due, or to require the redemption thereof or any offer to redeem to be made in respect thereof, prior to its scheduled maturity;

 

(g)           an involuntary proceeding shall be commenced or an involuntary petition shall be filed seeking (i) liquidation, reorganization or other relief in respect of Borrower or any of its Subsidiaries or its debts, or of a substantial part of its assets, under any Federal, state or foreign bankruptcy, insolvency, receivership or similar Law now or hereafter in effect or (ii) the appointment of a receiver, trustee, custodian, sequestrator, conservator or similar official for Borrower or any of its Subsidiaries or for a substantial part of its assets, and, in any such case, such proceeding or petition shall continue undismissed for 60 days or an order or decree approving or ordering any of the foregoing shall be entered;

 

(h)           Borrower or any of its Subsidiaries shall (i) voluntarily commence any proceeding or file any petition seeking liquidation, reorganization or other relief under any Federal, state or foreign bankruptcy, insolvency, receivership or similar Law now or hereafter in effect, (ii) consent to the institution of, or fail to contest in a timely and appropriate manner, any proceeding or petition described in Section 9.01(g), (iii) apply for or consent to the appointment of a receiver, trustee, custodian, sequestrator, conservator or similar official for Borrower or any of its Subsidiaries or for a substantial part of its assets, (iv) file an answer admitting the material allegations of a petition filed against it in any such proceeding, (v) make a general assignment for the benefit of creditors or (vi) take any action for the purpose of effecting any of the foregoing;

 

(i)            Borrower or any of its Subsidiaries shall become unable, or admit in writing its inability to pay its debts or other obligations as they become due;

 

(j)            (i) one or more judgments for the payment of money in an aggregate amount in excess of $100,000 (to the extent not covered by independent third party insurance provided by insurers as to which the insurer does not dispute coverage and is not subject to an insolvency proceeding) or (ii) any one or more non-monetary judgments shall be rendered against Borrower, any of its Subsidiaries or any combination thereof and the same shall remain undischarged for a period of 30 consecutive days during which execution shall not be effectively stayed, or any action shall be legally taken by a

 

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judgment creditor to attach or levy upon any assets of Borrower or any of its Subsidiaries to enforce any such judgment;

 

(k)           the Loan Documents after delivery thereof shall for any reason cease to be in full force and effect and valid, binding and enforceable in accordance with their terms against Borrower or a Guarantor party thereto or shall be repudiated by any of them, or cease to create a valid and perfected Lien of the priority required thereby on any of the Oil and Gas Properties purported to be covered thereby, in each case except as a result of the sale or other disposition of the applicable Oil and Gas Properties in a transaction permitted under the terms of this Agreement;

 

(l)            a Change in Control shall occur;

 

(m)          any federal tax Lien or any other Liens (other than Excepted Liens) totaling $100,000 or more arise of record against Borrower or any of its Subsidiaries or their respective Properties and are not fully bonded or discharged within 30 days after Borrower or such Subsidiary receives actual or constructive notice of their filing unless (i) Borrower or such Subsidiary is contesting the Lien(s) in good faith through appropriate proceedings timely filed and diligently prosecuted and against which Borrower or such Subsidiary maintains adequate reserves in accordance with GAAP and (ii) all such Liens are fully bonded or discharged within 30 days after Borrower or such Subsidiary receives actual or constructive notice of their filing;

 

(n)           an ERISA Event shall have occurred that, when taken together with all other ERISA Events that have occurred, could reasonably be expected to have a Material Adverse Effect;

 

(o)           the Borrower shall fail to observe or perform any material covenant, condition or agreement contained in the Lenders’ Option, the Warrants or any document or agreement executed in connection with any of the foregoing;

 

(p)           the Borrower shall fail to maintain quotation of its Common Stock in an electronic quotation medium or listing on a national securities exchange;

 

(q)           any director designated by a Lender pursuant to Section 5.01(x), or any successor to such director designated by such Lender, shall cease to be a director for any reason and the vacancy so created shall not be filled by appointment of a person designated by such Lender within 30 days after such designation is received by Borrower, provided that Lender has given Borrower not less than 20 days advance notice of the identification of the designee and that such designee has passed the background check and satisfied the independence requirements set forth in Section 5.01(x); and/or

 

(r)            there shall occur or exist any fact, event or circumstance that has or could have a Material Adverse Effect.

 

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9.02        Remedies.

 

(a)           In the case of an Event of Default other than one described in Section 9.01(g), Section 9.01(h) or Section 9.01(i), at any time thereafter during the continuance of such Event of Default, the Administrative Agent may, and at the request of the Lenders, shall, by notice to the Borrower, declare the Notes and the Loans then outstanding to be due and payable in whole (or in part, in which case any principal not so declared to be due and payable may thereafter be declared to be due and payable), and thereupon the principal of the Loans so declared to be due and payable, together with accrued interest thereon, the applicable Make-Whole Premium and all fees and other obligations of Borrower and the Guarantors accrued hereunder and under the Note and the other Loan Documents, shall become due and payable immediately, without presentment, demand, protest, notice of intent to accelerate, notice of acceleration or other notice of any kind, all of which are hereby waived by Borrower and each Guarantor;

 

(b)           In case of an Event of Default described in Section 9.01(g), Section 9.01(h) or  Section 9.01(i), the Notes and the principal of the Loans then outstanding, together with accrued interest thereon, the applicable Make-Whole Premium and all fees and the other obligations of Borrower and the Guarantors accrued hereunder and under the Notes and the other Loan Documents, shall automatically become due and payable, without presentment, demand, protest or other notice of any kind, all of which are hereby waived by Borrower and each Guarantor.

 

(c)           In the case of the occurrence of and during the continuation of an Event of Default, Lender will have all other rights and remedies available at law and equity.

 

(d)           From and during the continuance of any Event of Default, any monies or property actually received by Lender pursuant to this Agreement or any other Loan Document, the exercise of any rights or remedies under any Security Instrument or any other agreement with Borrower, any Guarantor or any of their respective Subsidiaries which secures any of the Obligations, shall, subject to the terms of the Intercreditor Agreement, be applied in the following order:

 

(i)            first, to payment or reimbursement of that portion of the Obligations constituting fees, expenses and indemnities payable to the Administrative Agent in its capacity as such;

 

(ii)           second, pro rata to payment or reimbursement of that portion of the Obligations constituting fees, expenses and indemnities payable to the Lenders;

 

(iii)          third, pro rata to payment of the Make-Whole Premium;

 

(iv)          fourth, pro rata to payment of accrued interest on the Loans;

 

(v)           fifth, pro rata to payment of principal outstanding on the Loans;

 

(vi)          sixth, pro rata to any other Obligations; and

 

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(vii)         seventh, any excess, after all of the Obligations shall have been indefeasibly paid in full in cash, shall be paid to the Borrower or as otherwise required by any Governmental Requirement.

 

ARTICLE X.
  THE ADMINISTRATIVE AGENT

 

10.01      Appointment; Powers.  Each of the Lenders hereby irrevocably appoints the Administrative Agent as its agent and authorizes the Administrative Agent to take such actions on its behalf, including execution of other Loan Documents, and to exercise such powers as are delegated to the Administrative Agent by the terms of the Loan Documents, together with such actions and powers as are reasonably incidental thereto.

 

10.02      Duties and Obligations of Administrative Agent.  The Administrative Agent shall not have any duties or obligations except those expressly set forth in the Loan Documents.  Without limiting the generality of the foregoing, (a) the Administrative Agent shall not be subject to any fiduciary or other implied duties, regardless of whether a Default has occurred and is continuing (the use of the term “agent” herein and in the other Loan Documents with reference to the Administrative Agent is not intended to connote any fiduciary or other implied (or express) obligations arising under agency doctrine of any applicable law; rather, such term is used merely as a matter of market custom, and is intended to create or reflect only an administrative relationship between independent contracting parties), (b) the Administrative Agent shall not have any duty to take any discretionary action or exercise any discretionary powers, except discretionary rights and powers expressly contemplated by the Loan Documents that the Administrative Agent is required to exercise in writing as directed by the Lenders, and (c) except as expressly set forth in the Loan Documents, the Administrative Agent shall not have any duty to disclose, and shall not be liable for the failure to disclose, any information relating to any Loan Party or any of its Subsidiaries that is communicated to or obtained by the institution serving as Administrative Agent or any of its Affiliates in any capacity.  The Administrative Agent shall be deemed not to have knowledge of any Default unless and until written notice thereof is given to the Administrative Agent by the Borrower or a Lender, and the Administrative Agent shall not be responsible for or have any duty to ascertain or inquire into (i) any statement, warranty or representation made in or in connection with any Loan Document, (ii) the contents of any certificate, report or other document delivered hereunder or in connection with any Loan Document, (iii) the performance or observance of any of the covenants, agreements or other terms or conditions set forth in any Loan Document, (iv) the validity, enforceability, effectiveness or genuineness of any Loan Document or any other agreement, instrument or document, (v) the creation, perfection or priority of Liens on the Collateral or the existence of the Collateral, (vi) the satisfaction of any condition set forth in Article V or elsewhere in any Loan Document, other than to confirm receipt of items expressly required to be delivered to the Administrative Agent or (vii) any failure by the Borrower or any other Person (other than itself) to perform any of its obligations hereunder or under any other Loan Document or the performance or observance of any covenants, agreements or other terms or conditions set forth herein or therein.

 

10.03      Action by Administrative Agent.  The Administrative Agent shall have no duty to take any discretionary action or exercise any discretionary powers, except discretionary rights

 

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and powers expressly contemplated hereby or by the other Loan Documents that the Administrative Agent is required to exercise in writing as directed by the Lenders and in all cases the Administrative Agent shall be fully justified in failing or refusing to act hereunder or under any other Loan Documents unless it shall (a) receive written instructions from the Lenders specifying the action to be taken and (b) be indemnified to its satisfaction by the Lenders against any and all liability and expenses which may be incurred by it by reason of taking or continuing to take any such action.  The instructions as aforesaid and any action taken or failure to act pursuant thereto by the Administrative Agent shall be binding on all of the Lenders.  If a Default has occurred and is continuing, then the Administrative Agent shall take such action with respect to such Default as shall be directed by the Lenders in the written instructions (with indemnities) described in this Section 10.03, provided that, unless and until the Administrative Agent shall have received such directions, the Administrative Agent may (but shall not be obligated to) take such action, or refrain from taking such action, with respect to such Default as it shall deem advisable in the best interests of the Lenders.  In no event, however, shall the Administrative Agent be required to take any action which exposes the Administrative Agent to personal liability or which is contrary to this Agreement, the Loan Documents or applicable law.  If a Default has occurred and is continuing, the Administrative Agent shall not have any obligation to perform any act in respect thereof except as expressly provided herein.  The Administrative Agent shall not be liable for any action taken or not taken by it with the consent or at the request of the Lenders, and otherwise the Administrative Agent shall not be liable for any action taken or not taken by it hereunder or under any other Loan Document or under any other document or instrument referred to or provided for herein or therein or in connection herewith or therewith INCLUDING ITS OWN ORDINARY NEGLIGENCE, except for its own gross negligence or willful misconduct.

 

10.04      Reliance by Administrative Agent.  The Administrative Agent shall be entitled to rely upon, and shall not incur any liability for relying upon, any notice, request, certificate, consent, statement, instrument, document or other writing believed by it to be genuine and to have been signed or sent by the proper Person.  The Administrative Agent also may rely upon any statement made to it orally or by telephone and believed by it to be made by the proper Person, and shall not incur any liability for relying thereon, and each of the Borrower and the Lenders hereby waives the right to dispute the Administrative Agent’s record of such statement, except in the case of gross negligence or willful misconduct by the Administrative Agent.  The Administrative Agent may consult with legal counsel (who may be counsel for the Borrower), independent accountants and other experts selected by it, and shall not be liable for any action taken or not taken by it in accordance with the advice of any such counsel, accountants or experts.

 

10.05      Subagents.  The Administrative Agent may perform any and all its duties and exercise its rights and powers by or through any one or more sub-agents appointed by the Administrative Agent.  The Administrative Agent and any such sub-agent may perform any and all its duties and exercise its rights and powers through their respective Related Parties.  The exculpatory provisions of the preceding clauses shall apply to any such sub-agent and to the Related Parties of the Administrative Agent and any such sub-agent, and shall apply to their respective activities in connection with the syndication of the credit facilities provided for herein as well as activities as Administrative Agent.

 

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10.06      Resignation of Administrative Agent.  Subject to the appointment and acceptance of a successor Administrative Agent as provided in this clause, the Administrative Agent may resign at any time by notifying the Lenders and the Borrower.  Upon any such resignation, the Lenders shall have the right, in consultation with the Borrower, to appoint a successor.  If no successor shall have been so appointed by the Lenders and shall have accepted such appointment within thirty (30) days after the retiring Administrative Agent gives notice of its resignation, then the retiring Administrative Agent may, on behalf of the Lenders, appoint a successor Administrative Agent.  Upon the acceptance of its appointment as Administrative Agent hereunder by a successor, such successor shall succeed to and become vested with all the rights, powers, privileges and duties of the retiring Administrative Agent, and the retiring Administrative Agent shall be discharged from its duties and obligations hereunder.  The fees payable by the Borrower to a successor Administrative Agent shall be the same as those payable to its predecessor unless otherwise agreed between the Borrower and such successor.  After the Administrative Agent’s resignation hereunder, the provisions of this Article and Section 11.03 shall continue in effect for the benefit of such retiring Administrative Agent, its sub-agents and their respective Related Parties in respect of any actions taken or omitted to be taken by any of them while it was acting as Administrative Agent.

 

10.07      Administrative Agent as Lender.  The institution serving as the Administrative Agent hereunder shall have the same rights and powers in its capacity as a Lender as any other Lender and may exercise the same as though it were not the Administrative Agent, and such institution and its Affiliates may generally engage in any kind of business with any Loan Party or any Subsidiary of a Loan Party or other Affiliate thereof as if it were not the Administrative Agent hereunder.

 

10.08      No Reliance.  Each Lender acknowledges that it has, independently and without reliance upon the Administrative Agent or any other Lender and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement and each other Loan Document to which it is a party.  Each Lender also acknowledges that it will, independently and without reliance upon the Administrative Agent or any other Lender and based on such documents and information as it shall from time to time deem appropriate, continue to make its own decisions in taking or not taking action under or based upon this Agreement, any other Loan Document or related agreement or any document furnished hereunder or thereunder. The Administrative Agent shall not be required to keep itself informed as to the performance or observance by the Borrower or any of its Subsidiaries of this Agreement, the Loan Documents or any other document referred to or provided for herein or to inspect the Properties or books of the Borrower or its Subsidiaries.  Except for notices, reports and other documents and information expressly required to be furnished to the Lenders by the Administrative Agent hereunder, the Administrative Agent shall not have any duty or responsibility to provide any Lender with any credit or other information concerning the affairs, financial condition or business of the Borrower (or any of its Affiliates) which may come into the possession of the Administrative Agent or any of its Affiliates.  In this regard, each Lender acknowledges that Munsch Hardt Kopf & Harr, P.C. is acting in this transaction as special counsel to the Administrative Agent only, except to the extent otherwise expressly stated in any legal opinion or any Loan Document.  Each other party hereto will consult with its own legal counsel to the extent that it deems necessary in connection with the Loan Documents and the matters contemplated therein.

 

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10.09      Administrative Agent May File Proofs of Claim.  In case of the pendency of any receivership, insolvency, liquidation, bankruptcy, reorganization, arrangement, adjustment, composition or other judicial proceeding relative to the Borrower or any of its Subsidiaries, the Administrative Agent (irrespective of whether the principal of any Loan shall then be due and payable as herein expressed or by declaration or otherwise and irrespective of whether the Administrative Agent shall have made any demand on the Borrower) shall be entitled and empowered, by intervention in such proceeding or otherwise:

 

(a)           to file and prove a claim for the whole amount of the principal and interest owing and unpaid in respect of the Loans and all other Obligations that are owing and unpaid and to file such other documents as may be necessary or advisable in order to have the claims of the Lenders and the Administrative Agent (including any claim for the reasonable compensation, expenses, disbursements and advances of the Lenders and the Administrative Agent and their respective agents and counsel and all other amounts due the Lenders and the Administrative Agent under Section 11.03) allowed in such judicial proceeding; and

 

(b)           to collect and receive any monies or other property payable or deliverable on any such claims and to distribute the same;

 

and any custodian, receiver, assignee, trustee, liquidator, sequestrator or other similar official in any such judicial proceeding is hereby authorized by each Lender to make such payments to the Administrative Agent and to pay to the Administrative Agent any amount due for the reasonable compensation, expenses, disbursements and advances of the Administrative Agent and its agents and counsel, and any other amounts due the Administrative Agent under Section 11.03.

 

Nothing contained herein shall be deemed to authorize the Administrative Agent to authorize or consent to or accept or adopt on behalf of any Lender any plan of reorganization, arrangement, adjustment or composition affecting the Obligations or the rights of any Lender or to authorize the Administrative Agent to vote in respect of the claim of any Lender in any such proceeding.

 

10.10      Authority of Administrative Agent to Release Collateral, Liens and Guarantors.  Each Lender hereby authorizes the Administrative Agent (a) to release any Collateral that is permitted to be sold or released pursuant to the terms of the Loan Documents, (b) to release any Guarantor if 100% of the Equity Interests in such Guarantor are sold in a transaction permitted under the Loan Documents and (c) to subordinate (or release) any Lien on any Property granted to or held by the Administrative Agent under any Loan Document to any Lien on such Property that is permitted by Section 8.02(b).  Each Lender hereby authorizes the Administrative Agent to execute and deliver to the Borrower, at the Borrower’s sole cost and expense, any and all releases of Liens, termination statements, assignments or other documents reasonably requested by the Borrower in connection with any sale or other disposition of Property to the extent such sale or other disposition is permitted by the terms of Section 8.07 or is otherwise authorized by the terms of the Loan Documents.

 

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ARTICLE XI.
  MISCELLANEOUS

 

11.01      Notices.

 

(a)           Except in the case of notices and other communications expressly permitted to be given by telephone (and subject to Section 11.01(b)), all notices and other communications provided for herein shall be in writing and shall be delivered by hand or overnight courier service, mailed by certified or registered mail or sent by facsimile, as follows:

 

	
 
    	
(i)
    	
if to   Borrower, to it at:
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
PetroShare   Corp.
    
	
 
    	
 
    	
9635   Maroon Circle, Suite 400
    
	
 
    	
 
    	
Englewood,   CO 80112
    
	
 
    	
 
    	
Attention:
    	
Stephen   J. Foley
    
	
 
    	
 
    	
Facsimile:
    	
(303)   770-6885
    
	
 
    	
 
    	
E-Mail:   sfoley@petrosharecorp.com
    
	
 
    	
 
    	
 
    
	
 
    	
(ii)
    	
if to the   Administrative Agent or Providence, to it at:
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
Providence   Wattenberg, LP
    
	
 
    	
 
    	
16400   North Dallas Parkway, Ste. 400
    
	
 
    	
 
    	
Dallas,   Texas 75248
    
	
 
    	
 
    	
Attention:   Luke Allen, Vice President
    
	
 
    	
 
    	
E-Mail:   lallen@providence-energy.com
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
With a   copy to:
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
Providence   Wattenberg, LP
    
	
 
    	
 
    	
16400   North Dallas Parkway, Ste. 400
    
	
 
    	
 
    	
Dallas,   Texas 75248
    
	
 
    	
 
    	
Attention:   Mark L. Nastri
    
	
 
    	
 
    	
Email:   mnastri@providence-energy.com
    
	
 
    	
 
    	
 
    
	
 
    	
(iii)
    	
if to   5NR, to it at:
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
5NR   Wattenberg, LLC
    
	
 
    	
 
    	
16400   Dallas Pkwy, Ste. 400
    
	
 
    	
 
    	
Dallas,   Texas 75248
    
	
 
    	
 
    	
Attention:   Joe Drysdale
    
	
 
    	
 
    	
E-Mail:   jdrysdale@fifthpartners.com
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
With   a copy to:
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
5NR Wattenberg,   LLC
    
	
 
    	
 
    	
16400   Dallas Pkwy, Ste. 400
    
	
 
    	
 
    	
 
    

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Dallas, Texas 75248

Attention: Gregory Schulz

E-Mail: gschulz@fifthpartners.com

 

All such notices and other communications (i) sent by hand or overnight courier service, or mailed by certified or registered mail, shall be deemed to have been given when received or (ii) sent by facsimile shall be deemed to have been given when sent, provided that if not given during normal business hours for the recipient, shall be deemed to have been given at the opening of business on the next Business Day for the recipient.

 

(b)                                 Notices and other communications to the Lenders hereunder may be delivered or furnished by electronic communications (including e-mail and internet or intranet websites) pursuant to procedures approved by the Administrative Agent; provided that the foregoing shall not apply to notices pursuant to Article II or Article III unless otherwise agreed by the Administrative Agent and the applicable Lender.  The Administrative Agent or the Borrower (on behalf of the Loan Parties) may, in its discretion, agree to accept notices and other communications to it hereunder by electronic communications pursuant to procedures approved by it; provided that approval of such procedures may be limited to particular notices or communications. All such notices and other communications sent to an e-mail address shall be deemed received upon the sender’s receipt of an acknowledgement from the intended recipient (such as by the “return receipt requested” function, as available, return e-mail or other written acknowledgement), provided that if not given during the normal business hours of the recipient, shall be deemed to have been given at the opening of business on the next Business Day for the recipient.

 

(c)                                  Any party hereto may change its address or facsimile number for notices and other communications hereunder by notice to the other parties hereto.

 

11.02      Waivers; Amendments.

 

(a)                                 No failure or delay by the Administrative Agent or any Lender in exercising any right or power hereunder or under any other Loan Document shall operate as a waiver thereof, nor shall any single or partial exercise of any such right or power, or any abandonment or discontinuance of steps to enforce such a right or power, preclude any other or further exercise thereof or the exercise of any other right or power.  The rights and remedies of the Administrative Agent and the Lenders hereunder and under any other Loan Document are cumulative and are not exclusive of any rights or remedies that they would otherwise have.  No waiver of any provision of any Loan Document or consent to any departure by any Loan Party therefrom shall in any event be effective unless the same shall be permitted by clause (b) of this Section, and then such waiver or consent shall be effective only in the specific instance and for the purpose for which given.

 

(b)                                 Neither this Agreement nor any other Loan Document nor any other provision hereof or thereof may be waived, amended or modified except pursuant to an agreement or agreements in writing entered into by the Loan Party or Loan Parties that are party thereto and the Lenders or by the Loan Party or Loan Parties that are party thereto and the Administrative Agent with the consent of the Lenders.

 

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11.03                 Expenses, Indemnity; Damage Waiver.

 

(a)                                 Borrower shall pay (i) all reasonable fees, costs and expenses incurred by the Administrative Agent, each Lender and their respective Affiliates, including, without limitation, the reasonable fees and expenses of counsel for the Administrative Agent and each Lender, the reasonable travel, photocopy, mailing, courier, telephone and other similar expenses, and the cost of environmental audits and surveys and appraisals, in connection with the preparation, negotiation, execution, delivery and administration both before and after the execution hereof and including advice of counsel to the Administrative Agent and each Lender with respect thereto of this Agreement and the other Loan Documents and any amendments, modifications or waivers of or consents related to the provisions hereof or thereof (whether or not the transactions contemplated hereby or thereby shall be consummated), (ii) all reasonable costs, expenses, Taxes, assessments and other charges incurred by the Administrative Agent and each Lender in connection with any filing, registration, recording or perfection of any security interest contemplated by this Agreement or any Security Instrument or any other document referred to therein, and (iii) following the occurrence and during the continuance of an Event of Default, all expenses incurred by the Administrative Agent and each Lender, including the fees, charges and disbursements of any counsel for the Administrative Agent and each Lender, in connection with the enforcement or protection of its rights in connection with this Agreement or any other Loan Document, including its rights under this Section 11.03, or in connection with the Loans made hereunder, including, without limitation, all such expenses incurred during  any workout, restructuring or negotiations in respect of such Loans.

 

(b)                                 BORROWER SHALL INDEMNIFY THE ADMINISTRATIVE AGENT, THE LENDERS, AND EACH RELATED PARTY OF SUCH PERSONS (EACH SUCH PERSON BEING CALLED AN “INDEMNITEE”) AGAINST, AND DEFEND AND HOLD EACH INDEMNITEE HARMLESS FROM, ANY AND ALL LOSSES, CLAIMS, DAMAGES, LIABILITIES AND RELATED EXPENSES, INCLUDING THE REASONABLE FEES, CHARGES AND DISBURSEMENTS OF ANY COUNSEL FOR ANY INDEMNITEE, INCURRED BY OR ASSERTED AGAINST ANY INDEMNITEE ARISING OUT OF, IN CONNECTION WITH, OR AS A RESULT OF (i) THE EXECUTION OR DELIVERY OF THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT OR ANY AGREEMENT OR INSTRUMENT CONTEMPLATED HEREBY OR THEREBY, THE PERFORMANCE BY THE PARTIES HERETO OR THE PARTIES TO ANY OTHER LOAN DOCUMENT OF THEIR RESPECTIVE OBLIGATIONS HEREUNDER OR THEREUNDER OR THE CONSUMMATION OF THE TRANSACTIONS CONTEMPLATED HEREBY OR BY ANY OTHER LOAN DOCUMENT, (ii) THE FAILURE OF BORROWER OR ANY OF ITS SUBSIDIARIES TO COMPLY WITH THE TERMS OF ANY LOAN DOCUMENT, INCLUDING THIS AGREEMENT, OR WITH ANY LAW, (iii) ANY INACCURACY OF ANY REPRESENTATION OR ANY BREACH OF ANY WARRANTY OR COVENANT OF BORROWER OR ANY GUARANTOR SET FORTH IN ANY OF THE LOAN DOCUMENTS OR ANY INSTRUMENTS, DOCUMENTS OR CERTIFICATIONS DELIVERED IN CONNECTION THEREWITH, (iv) ANY LOAN OR THE USE OF THE PROCEEDS THEREFROM, (v) ANY OTHER ASPECT OF THE LOAN DOCUMENTS, (vi) THE OPERATIONS OF THE BUSINESS OF BORROWER AND ITS SUBSIDIARIES BY BORROWER AND ITS SUBSIDIARIES, (vii) THE BREACH OR NON-COMPLIANCE BY BORROWER, ANY OF ITS SUBSIDIARIES OF ANY ENVIRONMENTAL LAW

 

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APPLICABLE TO BORROWER OR ITS SUBSIDIARIES OR ANY OF THEIR PROPERTIES, INCLUDING WITHOUT LIMITATION, THE PRESENCE, GENERATION, STORAGE, RELEASE, THREATENED RELEASE, USE, TRANSPORT, DISPOSAL, ARRANGEMENT OF DISPOSAL OR TREATMENT OF OIL, OIL AND GAS WASTES, SOLID WASTES OR HAZARDOUS SUBSTANCES ON ANY OF THEIR PROPERTIES, (viii) THE PAST OWNERSHIP BY BORROWER OR ANY OF ITS SUBSIDIARIES OF ANY OF THEIR PROPERTIES OR PAST ACTIVITY ON ANY OF THEIR PROPERTIES WHICH, THOUGH LAWFUL AND FULLY PERMISSIBLE AT THE TIME, COULD RESULT IN PRESENT LIABILITY, (ix) THE PRESENCE, USE, RELEASE, STORAGE, TREATMENT, DISPOSAL, GENERATION, THREATENED RELEASE, TRANSPORT, ARRANGEMENT FOR TRANSPORT OR ARRANGEMENT FOR DISPOSAL OF OIL, OIL AND GAS WASTES, SOLID WASTES OR HAZARDOUS SUBSTANCES ON OR AT ANY OF THE PROPERTIES OWNED OR OPERATED BY BORROWER OR ANY OF ITS SUBSIDIARIES OR ANY ACTUAL OR ALLEGED PRESENCE OR RELEASE OF HAZARDOUS MATERIALS ON OR FROM ANY PROPERTY OWNED OR OPERATED BY BORROWER OR ANY OF ITS SUBSIDIARIES, (x) ANY ENVIRONMENTAL LIABILITY RELATED IN ANY WAY TO BORROWER OR ANY OF ITS SUBSIDIARIES, OR (xi) ANY OTHER ENVIRONMENTAL, HEALTH OR SAFETY CONDITION IN CONNECTION WITH THE LOAN DOCUMENTS, OR (xii) ANY ACTUAL OR PROSPECTIVE CLAIM, LITIGATION, INVESTIGATION OR PROCEEDING RELATING TO ANY OF THE FOREGOING, WHETHER BASED ON CONTRACT, TORT OR ANY OTHER THEORY AND REGARDLESS OF WHETHER ANY INDEMNITEE IS A PARTY THERETO; PROVIDED THAT SUCH INDEMNITY SHALL NOT, AS TO ANY INDEMNITEE, BE AVAILABLE TO THE EXTENT THAT SUCH LOSSES, CLAIMS, DAMAGES, LIABILITIES OR RELATED EXPENSES ARE DETERMINED BY A COURT OF COMPETENT JURISDICTION BY FINAL AND NON-APPEALABLE JUDGMENT TO HAVE RESULTED FROM THE GROSS NEGLIGENCE OR WILLFUL MISCONDUCT OF SUCH INDEMNITEE.

 

(c)           To the extent that any Loan Party fails to pay any amount required to be paid by it to the Administrative Agent under clause (a) or (b) of this Section, each Lender severally agrees to pay to the Administrative Agent such Lender’s Applicable Percentage (determined as of the time that the applicable unreimbursed expense or indemnity payment is sought) of such unpaid amount; provided that the unreimbursed expense or indemnified loss, claim, damage, penalty, liability or related expense, as the case may be, was incurred by or asserted against the Administrative Agent in its capacity as such.

 

(d)           To the extent permitted by applicable Law, Borrower shall not assert, and hereby waives, any claim against any Indemnitee, on any theory of liability, for special, indirect, consequential or punitive damages (as opposed to direct or actual damages) arising out of, in connection with, or as a result of, this Agreement, any other Loan Document or any agreement or instrument contemplated hereby or thereby, the Transactions, any Loan or the use of the proceeds thereof.

 

(e)           All amounts due under this Section 11.03 shall be payable upon demand.

 

63

 

11.04      Successors and Assigns.

 

(a)           The provisions of this Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns permitted hereby, except that Borrower may not assign or otherwise transfer any of its rights or obligations hereunder or under any other Loan Document without the prior written consent of the Administrative Agent and the Lenders (and any attempted assignment or transfer by Borrower without such consent shall be null and void).  Nothing in this Agreement, expressed or implied, shall be construed to confer upon any Person other than the parties hereto, their respective successors and assigns permitted hereby (and, to the extent expressly contemplated hereby, the Related Parties of Lender) any legal or equitable right, remedy or claim under or by reason of this Agreement.

 

(b)           Upon not less than 5 days’ advance written notice to Borrower, Lenders may assign all or any portion of their rights and obligations under this Agreement (including all or a portion of any commitment to lend under any Tranche hereunder, if any, and the Loans at the time owing to it) without the prior written consent of any Person.

 

(c)           Each Lender may at any time pledge or assign a security interest in all or any portion of its rights under this Agreement to secure obligations of Lender; provided that no such pledge or assignment of a security interest shall release Lender from any of its obligations hereunder or substitute any such pledgee or assignee for Lender as a party hereto.

 

(d)           Notwithstanding any other provisions of this Section 11.04, no transfer or assignment of the interests or obligations of any Lender or any grant of participations therein shall be permitted if such transfer, assignment or grant would require Borrower and the Guarantors to file a registration statement with the SEC or to qualify the Loans under the “Blue Sky” Laws of any state.

 

11.05      Survival; Revival; Reinstatement.

 

(a)           All covenants, agreements, representations and warranties made by Borrower herein and in the certificates or other instruments delivered in connection with or pursuant to this Agreement or any other Loan Document shall be considered to have been relied upon by the other parties hereto and shall survive the execution and delivery of this Agreement and the making of any Loans, regardless of any investigation made by any such other party or on its behalf and notwithstanding that Lender may have had notice or knowledge of any Default or incorrect representation or warranty at the time any credit is extended hereunder, and shall continue in full force and effect as long as the principal of or any accrued interest on any Loan or any fee or any other amount payable under this Agreement is outstanding and so long as the Termination Date has not occurred.  The provisions of Section 5.01(x), Section 7.14, Section 7.15, Section 7.16, Section 7.17, Section 7.18, Section 7.19, Article X, Section 11.03, this Section 11.05, Section 11.11 and Section 11.13 shall survive and remain in full force and effect regardless of the consummation of the transactions contemplated hereby, the repayment of the Loans, the expiration or termination of any commitment to lend under any Tranche hereunder, if any, or the termination of this Agreement, any other Loan Document or any provision hereof or thereof.

 

(b)           To the extent that any payments on the Obligations or proceeds of any Collateral are subsequently invalidated, declared to be fraudulent or preferential, set aside or

 

64

 

required to be repaid to a trustee, debtor in possession, receiver or other Person under any Debtor Relief Law or equitable cause, then to such extent, the Obligations so satisfied shall be revived and continue as if such payment or proceeds had not been received and Lender’s Liens, security interests, rights, powers and remedies under this Agreement and each Loan Document shall continue in full force and effect.  In such event, each Loan Document shall be automatically reinstated and Borrower shall take such action as may be reasonably requested by Lender to effect such reinstatement.

 

11.06      Counterparts; Integration; Effectiveness.

 

(a)           This Agreement may be executed in counterparts (and by different parties hereto on different counterparts), each of which shall constitute an original, but all of which when taken together shall constitute a single contract.

 

(b)           This Agreement and the other Loan Documents constitute the entire contract among the parties hereto relating to the subject matter hereof and thereof and supersede any and all previous agreements and understandings, oral or written, relating to the subject matter hereof and thereof.  THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS REPRESENT THE FINAL AGREEMENT AMONG THE PARTIES HERETO AND THERETO AND MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS OR SUBSEQUENT ORAL AGREEMENTS OF THE PARTIES.  THERE ARE NO UNWRITTEN ORAL AGREEMENTS BETWEEN THE PARTIES.

 

(c)           This Agreement shall become effective when it shall have been executed by Lender and when Lender shall have received counterparts hereof which, when taken together, bear the signatures of each of the other parties hereto, and thereafter shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns.  Delivery of an executed counterpart of a signature page of this Agreement by telecopy shall be effective as delivery of a manually executed counterpart of this Agreement.

 

11.07      Severability.  In case one or more provisions of this Agreement or the other Loan Documents shall be invalid, illegal or unenforceable, (a) the legality, validity and enforceability of the remaining provisions of this Agreement and the other Loan Documents shall not be affected or impaired thereby and (b) the parties shall endeavor in good faith negotiations to replace the illegal, invalid or unenforceable provisions with valid provisions the economic effect of which comes as close as possible to that of the illegal, invalid or unenforceable provisions.  The invalidity of a provision in a particular jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction.

 

11.08      Right of Setoff.  If an Event of Default shall have occurred and be continuing, the Administrative Agent, each Lender and each of their Affiliates is hereby authorized at any time and from time to time, to the fullest extent permitted by Law, to set off and apply any and all deposits (general or special, time or demand, provisional or final) at any time held and other obligations at any time owing by the Administrative Agent, such Lender or Affiliate to or for the credit or the account of Borrower or any of its Subsidiaries against any and all of the obligations of Borrower or any of its Subsidiaries owed to the Administrative Agent or such Lender now or hereafter existing under this Agreement or any other Loan Document, irrespective of whether or

 

65

 

not the Administrative Agent or such Lender shall have made any demand under this Agreement or any other Loan Document and although such obligations may be unmatured.  The rights of the Administrative Agent and the Lenders under this Section 11.08 are in addition to other rights and remedies (including other rights of setoff) which such Persons or their Affiliates may have.  The Administrative Agent and each Lender agrees to give Borrower prompt notice of any such offset made by such Person or any Affiliate of such Person following the occurrence thereof.

 

11.09      GOVERNING LAW; JURISDICTION; CONSENT TO SERVICE OF PROCESS.

 

(a)           THIS AGREEMENT AND THE NOTE SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE INTERNAL LAWS OF THE STATE OF COLORADO.

 

(b)           ANY LEGAL ACTION OR PROCEEDING WITH RESPECT TO THE LOAN DOCUMENTS MAY BE BROUGHT IN THE STATE AND FEDERAL COURTS LOCATED IN DALLAS, TEXAS, AND, BY EXECUTION AND DELIVERY OF THIS AGREEMENT, EACH PARTY HEREBY ACCEPTS FOR ITSELF AND (TO THE EXTENT PERMITTED BY LAW) IN RESPECT OF ITS PROPERTY, GENERALLY AND UNCONDITIONALLY, THE JURISDICTION OF THE AFORESAID COURTS.  EACH PARTY HEREBY IRREVOCABLY WAIVES ANY OBJECTION, INCLUDING, WITHOUT LIMITATION, ANY OBJECTION TO THE LAYING OF VENUE OR BASED ON THE GROUNDS OF FORUM NON CONVENIENS, WHICH IT MAY NOW OR HEREAFTER HAVE TO THE BRINGING OF ANY SUCH ACTION OR PROCEEDING IN SUCH RESPECTIVE JURISDICTIONS.

 

(c)           EACH PARTY IRREVOCABLY CONSENTS TO THE SERVICE OF PROCESS OF ANY OF THE AFOREMENTIONED COURTS IN ANY SUCH ACTION OR PROCEEDING BY THE MAILING OF COPIES THEREOF BY REGISTERED OR CERTIFIED MAIL, POSTAGE PREPAID, TO IT AT THE ADDRESS SPECIFIED IN SECTION 11.01 OR SUCH OTHER ADDRESS AS IS SPECIFIED PURSUANT TO SECTION 11.01, SUCH SERVICE TO BECOME EFFECTIVE THREE (3) DAYS AFTER SUCH MAILING.  NOTHING HEREIN SHALL AFFECT THE RIGHT OF A PARTY OR ANY HOLDER OF A NOTE TO SERVE PROCESS IN ANY OTHER MANNER PERMITTED BY LAW OR TO COMMENCE LEGAL PROCEEDINGS OR OTHERWISE PROCEED AGAINST ANOTHER PARTY IN ANY OTHER JURISDICTION.

 

(d)           EACH PARTY HEREBY (i) IRREVOCABLY AND UNCONDITIONALLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY LAW, TRIAL BY JURY IN ANY LEGAL ACTION OR PROCEEDING RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT AND FOR ANY COUNTERCLAIM THEREIN; (ii) IRREVOCABLY WAIVES, TO THE MAXIMUM EXTENT NOT PROHIBITED BY LAW, ANY RIGHT IT MAY HAVE TO CLAIM OR RECOVER IN ANY SUCH LITIGATION ANY SPECIAL, EXEMPLARY, PUNITIVE OR CONSEQUENTIAL DAMAGES, OR DAMAGES OTHER THAN, OR IN ADDITION TO, ACTUAL DAMAGES; (iii) CERTIFIES THAT NO PARTY HERETO NOR ANY REPRESENTATIVE, OR AGENT OF COUNSEL FOR ANY PARTY HERETO HAS REPRESENTED, EXPRESSLY OR

 

66

 

OTHERWISE, OR IMPLIED THAT SUCH PARTY WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVERS, AND (iv) ACKNOWLEDGES THAT IT HAS BEEN INDUCED TO ENTER INTO THIS AGREEMENT, THE LOAN DOCUMENTS AND THE TRANSACTIONS CONTEMPLATED HEREBY AND THEREBY BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS CONTAINED IN THIS SECTION 11.09.

 

11.10      Headings.  Article and Section headings and the Table of Contents used herein are for convenience of reference only, are not part of this Agreement and shall not affect the construction of, or be taken into consideration in interpreting, this Agreement.

 

11.11      Confidentiality.  Each Lender agrees to maintain the confidentiality of the Information (as defined below), except that Information may be disclosed (a) to its and its Affiliates’ directors, officers, employees and agents, including accountants, legal counsel and other advisors (it being understood that the Persons to whom such disclosure is made will be informed of the confidential nature of such Information and instructed to keep such Information confidential), (b) to the extent required by applicable Laws or by any subpoena or similar legal process, (c) to any other party to this Agreement or any other Loan Document, (d) in connection with the exercise of any remedies hereunder or under any other Loan Document or any suit, action or proceeding relating to this Agreement or any other Loan Document or the enforcement of rights hereunder or thereunder, but only to the extent required to exercise those rights, (e) with the consent of Borrower or (f) to the extent such Information (i) becomes publicly available other than as a result of a breach of this Section 11.11 or (ii) becomes available to Lender on a non-confidential basis from a source other than Borrower without breach of any confidentiality agreement.  For the purposes of this Section 11.11, “Information” means all information received from Borrower or any of its Subsidiaries relating to Borrower or any of its Subsidiaries and their businesses, other than any such information that is available to Lender on a non-confidential basis prior to disclosure by Borrower or any of its Subsidiaries.  Any Person required to maintain the confidentiality of Information as provided in this Section 11.11 shall be considered to have complied with its obligation to do so if such Person has exercised the same degree of care to maintain the confidentiality of such Information as such Person would accord to its own confidential information.  Neither party will issue (or allow the issuance of) any press release or other public announcement relating to the Loans which expressly names the other party without the prior written consent of the other party unless required by applicable law; but each of them may each publish a customary “tombstone” announcements regarding the Loans, including without limitation, the parties to the transaction and aggregate committed amount.

 

11.12      Interest Rate Limitation.  It is the intention of the parties hereto that the Lenders shall conform strictly to usury Laws applicable to them.  Accordingly, if the Transactions contemplated hereby would be usurious as to any Lender under Laws applicable to it (including the Laws of the United States of America and the State of Colorado or any other jurisdiction whose Laws may be mandatorily applicable to such Lender notwithstanding the other provisions of this Agreement), then, in that event, notwithstanding anything to the contrary in any of the Loan Documents or any agreement entered into in connection with or as security for the Note, it is agreed as follows:  (i) the aggregate of all consideration which constitutes interest under Law applicable to such Lender that is contracted for, taken, reserved, charged or received by such Lender under any of the Loan Documents or agreements or otherwise in connection with the

 

67

 

Note shall under no circumstances exceed the maximum amount allowed by such applicable Law, and any excess shall be canceled automatically and if theretofore paid shall be credited by such Lender on the principal amount of the Obligations (or, to the extent that the principal amount of the Obligations shall have been or would thereby be paid in full, refunded by such Lender to Borrower); and (ii) in the event that the maturity of the Note is accelerated by reason of an election of the holder thereof resulting from any Event of Default under this Agreement or otherwise, or in the event of any required or permitted prepayment, then such consideration that constitutes interest under Law applicable to such Lender may never include more than the maximum amount allowed by such applicable Law, and excess interest, if any, provided for in this Agreement or otherwise shall be canceled automatically by such Lender as of the date of such acceleration or prepayment and, if theretofore paid, shall be credited by such Lender on the principal amount of the Obligations (or, to the extent that the principal amount of the Obligations shall have been or would thereby be paid in full, refunded by such Lender to Borrower).  All sums paid or agreed to be paid to such Lender for the use, forbearance or detention of sums due hereunder shall, to the extent permitted by Law applicable to such Lender, be amortized, prorated, allocated and spread throughout the stated term of the Loans evidenced by the Note until payment in full so that the rate or amount of interest on account of any Loans hereunder does not exceed the maximum amount allowed by such applicable Law.  If at any time and from time to time (i) the amount of interest payable to such Lender on any date shall be computed at the Highest Lawful Rate applicable to such Lender pursuant to this Section 11.12 and (ii) in respect of any subsequent interest computation period the amount of interest otherwise payable to such Lender would be less than the amount of interest payable to such Lender computed at the Highest Lawful Rate applicable to such Lender, then the amount of interest payable to such Lender in respect of such subsequent interest computation period shall continue to be computed at the Highest Lawful Rate applicable to such Lender until the total amount of interest payable to such Lender shall equal the total amount of interest which would have been payable to such Lender if the total amount of interest had been computed without giving effect to this Section 11.12.  The parties hereto hereby acknowledge that, as of the Closing Date, the value of the Lenders’ Option and Warrants cannot determined by a mathematical computation.

 

11.13      EXCULPATION PROVISIONS.  EACH OF THE PARTIES HERETO SPECIFICALLY AGREES THAT IT HAS A DUTY TO READ THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS AND AGREES THAT IT IS CHARGED WITH NOTICE AND KNOWLEDGE OF THE TERMS OF THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS; THAT IT HAS IN FACT READ THIS AGREEMENT AND IS FULLY INFORMED AND HAS FULL NOTICE AND KNOWLEDGE OF THE TERMS, CONDITIONS AND EFFECTS OF THIS AGREEMENT; THAT IT HAS BEEN REPRESENTED BY INDEPENDENT LEGAL COUNSEL OF ITS CHOICE THROUGHOUT THE NEGOTIATIONS PRECEDING ITS EXECUTION OF THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS; AND HAS RECEIVED THE ADVICE OF ITS ATTORNEY IN ENTERING INTO THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS; AND THAT IT RECOGNIZES THAT CERTAIN OF THE TERMS OF THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS RESULT IN ONE PARTY ASSUMING THE LIABILITY INHERENT IN SOME ASPECTS OF THE TRANSACTION AND RELIEVING THE OTHER PARTY OF ITS RESPONSIBILITY FOR SUCH LIABILITY.  EACH PARTY HERETO AGREES AND COVENANTS THAT IT WILL NOT CONTEST THE VALIDITY OR ENFORCEABILITY OF ANY EXCULPATORY PROVISION OF THIS AGREEMENT

 

68

 

AND THE OTHER LOAN DOCUMENTS ON THE BASIS THAT THE PARTY HAD NO NOTICE OR KNOWLEDGE OF SUCH PROVISION OR THAT THE PROVISION IS NOT “CONSPICUOUS.”

 

11.14      No Third Party Beneficiaries.  This Agreement, the other Loan Documents, and the agreement of Lender to make Loans are solely for the benefit of Borrower, and no other Person (including, without limitation, any Subsidiary of Borrower, any obligor, contractor, subcontractor, supplier or materialman) shall have any rights, claims, remedies or privileges hereunder or under any other Loan Document against Lender for any reason whatsoever.  There are no third party beneficiaries.

 

11.15      USA Patriot Act Notice.  Lender hereby notifies Borrower that pursuant to the requirements of the Act, it is required to obtain, verify and record information that identifies Borrower, which information includes the name and address of Borrower and other information that will allow Lender to identify Borrower in accordance with the Act.

 

11.16      Termination; Limited Survival. Upon the occurrence of Security Termination, Lender agrees to, as soon as reasonably practical, execute and deliver all necessary instruments to reflect and effect such termination of the Loan Documents and to release any Liens created by the Security Instruments.

 

11.17      No Fiduciary Duty.  Each Lender and their Affiliates (collectively, solely for purposes of this Section 11.17, the “Lenders”), may have economic interests that conflict with those of the Loan Parties and their respective Subsidiaries and their stockholders and/or their affiliates. Each Loan Party, for itself and on behalf of its Subsidiaries, agrees that nothing in this Agreement or the Loan Documents or otherwise will be deemed to create an advisory, fiduciary or agency relationship or fiduciary or other implied duty between any Lender, on the one hand, and any Loan Party or its Subsidiaries, their stockholders or their affiliates, on the other.  Each Loan Party, for itself and on behalf of its Subsidiaries, acknowledges and agrees that (i) the transactions contemplated by the Loan Documents (including the exercise of rights and remedies hereunder and thereunder) are arm’s-length commercial transactions between the Lenders, on the one hand, and the Loan Parties and their Subsidiaries, on the other, and (ii) in connection therewith and with the process leading thereto, (x) no Lender has assumed an advisory or fiduciary responsibility in favor of any Loan Party or its Subsidiaries, their stockholders or their affiliates with respect to the transactions contemplated hereby (or the exercise of rights or remedies with respect thereto) or the process leading thereto (irrespective of whether any Lender has advised, is currently advising or will advise any Loan Party or its Subsidiaries, their stockholders or their affiliates on other matters) or any other obligation to any Loan Party or any of its Subsidiaries except the obligations expressly set forth in the Loan Documents and (y) each Lender is acting solely as principal and not as the agent or fiduciary of any Loan Party or any of its Subsidiaries, their management, stockholders, creditors or any other Person.  Each Loan Party, for itself and its Subsidiaries, acknowledges and agrees that it has consulted its own legal and financial advisors to the extent it deemed appropriate and that it is responsible for making its own independent judgment with respect to such transactions and the process leading thereto. Each Loan Party, for itself and its Subsidiaries, agrees that it will not claim that any Lender has rendered advisory services of any nature or respect, or owes a fiduciary or similar duty to such Loan Party or Subsidiary, in connection with such transaction or the process leading thereto.

 

69

 

[Signature pages follow]

 

70

 

The parties hereto have caused this Agreement to be duly executed as of the day and year first above written.

 

	
 
    	
BORROWER:
    
	
 
    	
 
    
	
 
    	
PETROSHARE CORP.
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/ Stephen J. Foley
    
	
 
    	
Name: 
    	
Stephen   J. Foley
    
	
 
    	
Title: 
    	
Chief   Executive Officer
    

 

Signature Page To Secured Term Credit Agreement

 

 

	
 
    	
PROVIDENCE WATTENBERG, LP,   as the 
   Administrative Agent and a Lender
    
	
 
    	
 
    
	
 
    	
By:    Providence Wattenberg GP, LLC, its general 
   partner
    
	
 
    	
 
    	
 
    
	
 
    	
By
    	
/s/ Michael Allen
    
	
 
    	
Name:
    	
Michael Allen
    
	
 
    	
Title:
    	
Manager
    

 

Signature Page To Secured Term Credit Agreement

 

 

	
 
    	
5NR WATTENBERG, LLC, as a Lender
    
	
 
    	
 
    
	
 
    	
By
    	
/s/ Joseph Drysdale
    
	
 
    	
Name:
    	
Joseph Drysdale
    
	
 
    	
Title:
    	
Manager
    

 

Signature Page To Secured Term Credit Agreement

 

 

Annex A

 

COMMITMENTS

 

	
Name of Lender
    	
 
    	
Applicable
   Percentage
    	
 
    	
Commitments*
    	
 
    
	
Providence   Wattenberg, LP
    	
 
    	
50
    	
%
    	
$
    	
12,500,000
    	
 
    
	
5NR Wattenberg,   LLC
    	
 
    	
50
    	
%
    	
$
    	
12,500,000
    	
 
    
	
TOTAL
    	
 
    	
100
    	
%
    	
$
    	
25,000,000
    	
 
    

 

* Includes applicable portion of Tranche A advanced to Borrower prior to the Closing Date.

 

 

Annex B

 

Oil and Gas Properties

 

[follows this cover page]

 

 

	
Lease
    	
 
    	
Lessor Name
    	
 
    	
Lessee Name
    	
 
    	
Eff Date
    	
 
    	
Rec County
    	
 
    	
Book
    	
 
    	
Page
    	
 
    	
Entry
    	
 
    	
Legal Description
    	
 
    	
Gross Acres
    	
 
    	
Net Acres
    	
 
    	
PSC Net Acres
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100000A
    	
 
    	
CLARICE E   SHOOK, INDIVIDUALLY AND AS GUARDIAN OF THE ESTATE OF LORETTA W MOORE
    	
 
    	
LEONARD REED
    	
 
    	
12/18/84
    	
 
    	
ADAMS
    	
 
    	
2934
    	
 
    	
979
    	
 
    	
B537477
    	
 
    	
T1S R67W

SEC 3: W2SESE
    	
 
    	
20.0000
    	
 
    	
4.4000
    	
 
    	
2.2000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100001A
    	
 
    	
COBANK, FCB A FEDERALLY CHARTERED   INSTRUMENTALITY OF THE UNITED STATES
    	
 
    	
PETROSHARE CORP
    	
 
    	
11/23/15
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
20160000017856
    	
 
    	
T1S R67W

SEC 10: W2NE
    	
 
    	
80.0000
    	
 
    	
40.0000
    	
 
    	
20.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
FROM THE TOP OF THE J SAND   FORMATION TO THE BASE OF THE SUSSEX FORMATION
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100001AA
    	
 
    	
EUGENE J DAY AND JOAN M DAY
    	
 
    	
AMOCO PRODUCTION COMPANY
    	
 
    	
07/29/75
    	
 
    	
ADAMS
    	
 
    	
2014
    	
 
    	
816
    	
 
    	
 
    	
 
    	
T1S R67W

SEC 10: THAT PART OF THE   W2NE IN HI-LAND ACRES
    	
 
    	
0.5180
    	
 
    	
0.2590
    	
 
    	
0.1295
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SECOND FILING DESCRIBED AS:
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BLOCK 3, LOT 1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LIMITED TO THOSE DEPTHS AND   FORMATIONS BELOW THE BASE OF THE SUSSEX
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100001AB
    	
 
    	
ESEQUIO W CARILLO AND ANNETTE J   CARILLO
    	
 
    	
AMOCO PRODUCTION COMPANY
    	
 
    	
07/29/75
    	
 
    	
ADAMS
    	
 
    	
2016
    	
 
    	
585
    	
 
    	
 
    	
 
    	
T1S R67W
    	
 
    	
0.5020
    	
 
    	
0.2510
    	
 
    	
0.1255
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 10: THAT PART OF THE   W2NE IN HI-LAND ACRES
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SECOND FILING DESCRIBED AS:
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BLOCK 1, LOT 3
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LIMITED TO THOSE DEPTHS AND   FORMATIONS BELOW THE BASE OF THE SUSSEX
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100001AC
    	
 
    	
HAROLD F ZINN AND DONNA D ZINN
    	
 
    	
AMOCO PRODUCTION COMPANY
    	
 
    	
07/29/75
    	
 
    	
ADAMS
    	
 
    	
2016
    	
 
    	
587
    	
 
    	
 
    	
 
    	
T1S R67W
    	
 
    	
1.3000
    	
 
    	
0.6500
    	
 
    	
0.3250
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 10: THAT PART OF THE   W2NE IN HI-LAND ACRES
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
THIRD FILING DESCRIBED AS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BLOCK 9, LOTS 5 & 6
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LIMITED TO THOSE DEPTHS AND   FORMATIONS BELOW THE BASE OF THE SUSSEX
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100001AD
    	
 
    	
JACKIE M CRAWFORD AND BARBARA A   CRAWFORD
    	
 
    	
AMOCO PRODUCTION COMPANY
    	
 
    	
07/29/75
    	
 
    	
ADAMS
    	
 
    	
2016
    	
 
    	
589
    	
 
    	
 
    	
 
    	
T1S R67W
    	
 
    	
0.7700
    	
 
    	
0.3850
    	
 
    	
0.1925
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 10: THAT PART OF THE   W2NE IN HI-LAND ACRES
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
THIRD FILING DESCRIBED AS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BLOCK 14, LOT 5
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LIMITED TO THOSE DEPTHS AND   FORMATIONS BELOW THE BASE OF THE SUSSEX
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100001AE
    	
 
    	
HERMAN J REIGENBORN AND EULA F   REIGENBORN
    	
 
    	
AMOCO PRODUCTION COMPANY
    	
 
    	
07/29/75
    	
 
    	
ADAMS
    	
 
    	
2016
    	
 
    	
591
    	
 
    	
 
    	
 
    	
T1S R67W
    	
 
    	
0.5220
    	
 
    	
0.2610
    	
 
    	
0.1305
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 10: THAT PART OF THE   W2NE IN HI-LAND ACRES
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SECOND FILING DESCRIBED AS:
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BLOCK 2, LOT 1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LIMITED TO THOSE DEPTHS AND   FORMATIONS BELOW THE BASE OF THE SUSSEX
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100001AF
    	
 
    	
WILLIAM L GALEY JR AND BONITA A   GALEY
    	
 
    	
AMOCO PRODUCTION COMPANY
    	
 
    	
07/29/75
    	
 
    	
ADAMS
    	
 
    	
2106
    	
 
    	
593
    	
 
    	
 
    	
 
    	
T1S R67W
    	
 
    	
0.6030
    	
 
    	
0.3015
    	
 
    	
0.1507
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 10: THAT PART OF THE   W2NE IN HI-LAND ACRES
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    

 

1

	
Lease
    	
 
    	
Lessor Name
    	
 
    	
Lessee Name
    	
 
    	
Eff Date
    	
 
    	
Rec County
    	
 
    	
Book
    	
 
    	
Page
    	
 
    	
Entry
    	
 
    	
Legal Description
    	
 
    	
Gross Acres
    	
 
    	
Net Acres
    	
 
    	
PSC Net Acres
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
THIRD FILING DESCRIBED AS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BLOCK 9, LOT 7
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LIMITED TO THOSE DEPTHS AND   FORMATIONS BELOW THE BASE OF THE SUSSEX
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100001AG
    	
 
    	
BAYSINGER BROTHERS CONSTRUCTION   CO
    	
 
    	
AMOCO PRODUCTION COMPANY
    	
 
    	
07/29/75
    	
 
    	
ADAMS
    	
 
    	
2016
    	
 
    	
595
    	
 
    	
 
    	
 
    	
T1S R67W
    	
 
    	
0.6030
    	
 
    	
0.3015
    	
 
    	
0.1507
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 10: THAT PART OF THE   W2NE IN HI-LAND ACRES
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SECOND FILING DESCRIBED AS:
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BLOCK 3, LOT 5
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LIMITED TO THOSE DEPTHS AND   FORMATIONS BELOW THE BASE OF THE SUSSEX
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100001AH
    	
 
    	
BERNICE C REID
    	
 
    	
AMOCO PRODUCTION COMPANY
    	
 
    	
07/29/75
    	
 
    	
ADAMS
    	
 
    	
2016
    	
 
    	
597
    	
 
    	
 
    	
 
    	
T1S R67W
    	
 
    	
0.6030
    	
 
    	
0.3015
    	
 
    	
0.1507
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 10: THAT PART OF THE   W2NE IN HI-LAND ACRES
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
THIRD FILING DESCRIBED AS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BLOCK 14, LOT 3
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LIMITED TO THOSE DEPTHS AND   FORMATIONS BELOW THE BASE OF THE SUSSEX
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100001AI
    	
 
    	
EMILIO L BRITO AND CORINE BRITO
    	
 
    	
AMOCO PRODUCTION COMPANY
    	
 
    	
07/29/75
    	
 
    	
ADAMS
    	
 
    	
2019
    	
 
    	
858
    	
 
    	
 
    	
 
    	
T1S R67W
    	
 
    	
0.7030
    	
 
    	
0.3515
    	
 
    	
0.1757
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 10: THAT PART OF THE   W2NE IN HI-LAND ACRES
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SECOND FILING DESCRIBED AS:
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BLOCK 4, LOT 4
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LIMITED TO THOSE DEPTHS AND   FORMATIONS BELOW THE BASE OF THE SUSSEX
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100001AJ
    	
 
    	
DONALD R WARD AND VAGOLA B WARD
    	
 
    	
AMOCO PRODUCTION COMPANY
    	
 
    	
07/29/75
    	
 
    	
ADAMS
    	
 
    	
2019
    	
 
    	
860
    	
 
    	
 
    	
 
    	
T1S R67W
    	
 
    	
1.9080
    	
 
    	
0.9540
    	
 
    	
0.4770
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 10: THAT PART OF THE   W2NE IN HI-LAND ACRES
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SECOND FILING DESCRIBED AS:
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BLOCK 7, LOTS 6, 7, 8
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LIMITED TO THOSE DEPTHS AND   FORMATIONS BELOW THE BASE OF THE SUSSEX
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100001AK
    	
 
    	
CARL H ROLFSMEYER AND LOIS J   ROLFSMEYER
    	
 
    	
AMOCO PRODUCTION COMPANY
    	
 
    	
07/29/75
    	
 
    	
ADAMS
    	
 
    	
2019
    	
 
    	
862
    	
 
    	
 
    	
 
    	
T1S R67W
    	
 
    	
0.5020
    	
 
    	
0.2510
    	
 
    	
0.1255
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 10: THAT PART OF THE   W2NE IN HI-LAND ACRES
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SECOND FILING DESCRIBED AS:
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BLOCK 3, LOT 2
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LIMITED TO THOSE DEPTHS AND   FORMATIONS BELOW THE BASE OF THE SUSSEX
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100001AL
    	
 
    	
GEORGE H DOUGLAS AND BARBARA E   DOUGLAS
    	
 
    	
AMOCO PRODUCTION COMPANY
    	
 
    	
07/29/75
    	
 
    	
ADAMS
    	
 
    	
2019
    	
 
    	
864
    	
 
    	
 
    	
 
    	
T1S R67W
    	
 
    	
0.7030
    	
 
    	
0.3515
    	
 
    	
0.1757
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 10: THAT PART OF THE   W2NE IN HI-LAND ACRES
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SECOND FILING DESCRIBED AS:
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BLOCK 6, LOT 8
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    

 

2

 

	
Lease
    	
 
    	
Lessor Name
    	
 
    	
Lessee Name
    	
 
    	
Eff Date
    	
 
    	
Rec County
    	
 
    	
Book
    	
 
    	
Page
    	
 
    	
Entry
    	
 
    	
Legal Description
    	
 
    	
Gross Acres
    	
 
    	
Net Acres
    	
 
    	
PSC Net Acres
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LIMITED TO THOSE DEPTHS AND   FORMATIONS BELOW THE BASE OF THE SUSSEX
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100001AM
    	
 
    	
LYNN C NICK AND WILMA J NICK
    	
 
    	
AMOCO PRODUCTION COMPANY
    	
 
    	
07/29/75
    	
 
    	
ADAMS
    	
 
    	
2019
    	
 
    	
866
    	
 
    	
 
    	
 
    	
T1S R67W
    	
 
    	
3.4200
    	
 
    	
1.7100
    	
 
    	
0.8550
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 10: THAT PART OF THE   W2NE IN HI-LAND ACRES
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
THIRD FILING DESCRIBED AS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BLOCK 10, LOT 1 & 8 AND   BLOCK 11, LOT 1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LIMITED TO THOSE DEPTHS AND   FORMATIONS BELOW THE BASE OF THE SUSSEX
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100001AN
    	
 
    	
HOWARD G HERBACK
    	
 
    	
AMOCO PRODUCTION COMPANY
    	
 
    	
07/29/75
    	
 
    	
ADAMS
    	
 
    	
2019
    	
 
    	
868
    	
 
    	
 
    	
 
    	
T1S R67W
    	
 
    	
0.7030
    	
 
    	
0.3515
    	
 
    	
0.1757
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 10: THAT PART OF THE   W2NE IN HI-LAND ACRES
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SECOND FILING DESCRIBED AS:
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BLOCK 1, LOT 2
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LIMITED TO THOSE DEPTHS AND   FORMATIONS BELOW THE BASE OF THE SUSSEX
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100001AO
    	
 
    	
MAURICE L WAKEFIELD AND LINDA F   WAKEFIELD
    	
 
    	
AMOCO PRODUCTION COMPANY
    	
 
    	
07/29/75
    	
 
    	
ADAMS
    	
 
    	
2019
    	
 
    	
870
    	
 
    	
 
    	
 
    	
T1S R67W
    	
 
    	
0.5220
    	
 
    	
0.2610
    	
 
    	
0.1305
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 10: THAT PART OF THE   W2NE IN HI-LAND ACRES
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SECOND FILING DESCRIBED AS:
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BLOCK 1, LOT 4
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LIMITED TO THOSE DEPTHS AND   FORMATIONS BELOW THE BASE OF THE SUSSEX
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100001AP
    	
 
    	
CARROLL A KAATZ AND JUNE L KAATZ
    	
 
    	
AMOCO PRODUCTION COMPANY
    	
 
    	
07/29/75
    	
 
    	
ADAMS
    	
 
    	
2023
    	
 
    	
916
    	
 
    	
 
    	
 
    	
T1S R67W
    	
 
    	
1.3660
    	
 
    	
0.6830
    	
 
    	
0.3415
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 10: THAT PART OF THE   W2NE IN HI-LAND ACRES
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SECOND FILING DESCRIBED AS:
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BLOCK 1, LOTS 3 & 4
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LIMITED TO THOSE DEPTHS AND   FORMATIONS BELOW THE BASE OF THE SUSSEX
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100001AQ
    	
 
    	
JEROME L JARMIN AND CATHERINE SUE   JARMIN
    	
 
    	
AMOCO PRODUCTION COMPANY
    	
 
    	
07/29/75
    	
 
    	
ADAMS
    	
 
    	
2023
    	
 
    	
918
    	
 
    	
 
    	
 
    	
T1S R67W
    	
 
    	
0.7450
    	
 
    	
0.3725
    	
 
    	
0.1862
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 10: THAT PART OF THE   W2NE IN HI-LAND ACRES
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SECOND FILING DESCRIBED AS:
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BLOCK 4, LOT 1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LIMITED TO THOSE DEPTHS AND   FORMATIONS BELOW THE BASE OF THE SUSSEX
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100001AR
    	
 
    	
TOM S YAMAMOTO AND GEORGE K   YAMAMOTO
    	
 
    	
AMOCO PRODUCTION COMPANY
    	
 
    	
07/29/75
    	
 
    	
ADAMS
    	
 
    	
2023
    	
 
    	
920
    	
 
    	
 
    	
 
    	
T1S R67W
    	
 
    	
0.7030
    	
 
    	
0.3515
    	
 
    	
0.1757
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 10: THAT PART OF THE   W2NE IN HI-LAND ACRES
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SECOND FILING DESCRIBED AS:
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BLOCK 4, LOT 1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LIMITED TO THOSE DEPTHS AND   FORMATIONS BELOW THE BASE OF THE SUSSEX
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    

 

3

 

	
Lease
    	
 
    	
Lessor Name
    	
 
    	
Lessee Name
    	
 
    	
Eff Date
    	
 
    	
Rec County
    	
 
    	
Book
    	
 
    	
Page
    	
 
    	
Entry
    	
 
    	
Legal Description
    	
 
    	
Gross Acres
    	
 
    	
Net Acres
    	
 
    	
PSC Net Acres
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100001AS
    	
 
    	
FRANCIS A PETTY AND ROSEMARY E   PETTY
    	
 
    	
AMOCO PRODUCTION COMPANY
    	
 
    	
07/29/75
    	
 
    	
ADAMS
    	
 
    	
2029
    	
 
    	
530
    	
 
    	
 
    	
 
    	
T1S R67W
    	
 
    	
1.2050
    	
 
    	
0.6025
    	
 
    	
0.3013
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 10: THAT PART OF THE   W2NE IN HI-LAND ACRES
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SECOND FILING DESCRIBED AS:
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BLOCK 4, LOTS 2 & 3
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LIMITED TO THOSE DEPTHS AND   FORMATIONS BELOW THE BASE OF THE SUSSEX
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100001AT
    	
 
    	
VINCENT L LANGFIELD AND MARY L   LANGFIELD
    	
 
    	
AMOCO PRODUCTION COMPANY
    	
 
    	
07/29/75
    	
 
    	
ADAMS
    	
 
    	
2029
    	
 
    	
532
    	
 
    	
 
    	
 
    	
T1S R67W
    	
 
    	
0.7670
    	
 
    	
0.8535
    	
 
    	
0.1918
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 10: THAT PART OF THE   W2NE IN HI-LAND ACRES
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
THIRD FILING DESCRIBED AS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BLOCK 14, LOT 4
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LIMITED TO THOSE DEPTHS AND   FORMATIONS BELOW THE BASE OF THE SUSSEX
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100001AU
    	
 
    	
LEON J DLUG AND PATRICIA L DLUG
    	
 
    	
AMOCO PRODUCTION COMPANY
    	
 
    	
07/29/75
    	
 
    	
ADAMS
    	
 
    	
2029
    	
 
    	
534
    	
 
    	
 
    	
 
    	
T1S R67W
    	
 
    	
0.6030
    	
 
    	
0.3015
    	
 
    	
0.1507
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 10: THAT PART OF THE   W2NE IN HI-LAND ACRES
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
THIRD FILING DESCRIBED AS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BLOCK 5, LOT 7
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LIMITED TO THOSE DEPTHS AND   FORMATIONS BELOW THE BASE OF THE SUSSEX
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100001AV
    	
 
    	
PLEASANT D VICKREY AND KAREN J   VICKREY
    	
 
    	
AMOCO PRODUCTION COMPANY
    	
 
    	
07/29/75
    	
 
    	
ADAMS
    	
 
    	
2029
    	
 
    	
536
    	
 
    	
 
    	
 
    	
T1S R67W
    	
 
    	
0.7030
    	
 
    	
0.3515
    	
 
    	
0.1757
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 10: THAT PART OF THE   W2NE IN HI-LAND ACRES
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SECOND FILING DESCRIBED AS:
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BLOCK 3, LOT 4
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LIMITED TO THOSE DEPTHS AND   FORMATIONS BELOW THE BASE OF THE SUSSEX
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100001AW
    	
 
    	
RONALD V BAKER AND MARGARET S   BAKER
    	
 
    	
AMOCO PRODUCTION COMPANY
    	
 
    	
07/29/75
    	
 
    	
ADAMS
    	
 
    	
2029
    	
 
    	
538
    	
 
    	
 
    	
 
    	
T1S R67W
    	
 
    	
1.2800
    	
 
    	
0.6400
    	
 
    	
0.3200
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 10: THAT PART OF THE   W2NE IN HI-LAND ACRES
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
THIRD FILING DESCRIBED AS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BLOCK 13, LOTS 1 & 8   EXCEPT VACANT STREET ON
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
WEST, AND INCLUDING VACANT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
STREET ON THE SOUTH SIDE OF LOT 8
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LIMITED TO THOSE DEPTHS AND   FORMATIONS BELOW THE BASE OF THE SUSSEX
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100001AX
    	
 
    	
TERUAKI YAMAMOTO
    	
 
    	
AMOCO PRODUCTION COMPANY
    	
 
    	
07/29/75
    	
 
    	
ADAMS
    	
 
    	
2029
    	
 
    	
540
    	
 
    	
 
    	
 
    	
T1S R67W
    	
 
    	
0.6030
    	
 
    	
0.3015
    	
 
    	
0.1507
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 10: THAT PART OF THE   W2NE IN HI-LAND ACRES
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SECOND FILING DESCRIBED AS:
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BLOCK 8, LOT 4
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LIMITED TO THOSE DEPTHS AND   FORMATIONS BELOW THE BASE OF THE SUSSEX
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100001AY
    	
 
    	
ALFRED B FEDERICO AND MARY S   FEDERICO
    	
 
    	
AMOCO PRODUCTION COMPANY
    	
 
    	
07/29/75
    	
 
    	
ADAMS
    	
 
    	
2029
    	
 
    	
542
    	
 
    	
 
    	
 
    	
T1S R67W
    	
 
    	
1.3660
    	
 
    	
0.6830
    	
 
    	
0.3415
    	
 
    

 

4

 

	
Lease
    	
 
    	
Lessor Name
    	
 
    	
Lessee Name
    	
 
    	
Eff Date
    	
 
    	
Rec County
    	
 
    	
Book
    	
 
    	
Page
    	
 
    	
Entry
    	
 
    	
Legal Description
    	
 
    	
Gross Acres
    	
 
    	
Net Acres
    	
 
    	
PSC Net Acres
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 10: THAT PART OF THE   W2NE IN HI-LAND ACRES
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SECOND FILING DESCRIBED AS:
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BLOCK 6, LOTS 5 & 6
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LIMITED TO THOSE DEPTHS AND   FORMATIONS BELOW THE BASE OF THE SUSSEX
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100001AZ
    	
 
    	
HI-LAND ACRES WATER AND   SANITATION DISTRICT
    	
 
    	
AMOCO PRODUCTION COMPANY
    	
 
    	
07/29/75
    	
 
    	
ADAMS
    	
 
    	
2029
    	
 
    	
544
    	
 
    	
 
    	
 
    	
T1S R67W
    	
 
    	
6.7200
    	
 
    	
3.3600
    	
 
    	
1.6800
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 10: THAT PART OF THE   W2NE IN HI-LAND ACRES
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
THIRD FILING DESCRIBED AS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BLOCK 12, ALL (BEING THE SOUTH   440’ OF THE EAST
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
635' OF W2NE)
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LIMITED TO THOSE DEPTHS AND   FORMATIONS BELOW THE BASE OF THE SUSSEX
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100001B
    	
 
    	
JESS PAUL HALLER AND GEORGIA   HALLER
    	
 
    	
AMOCO PRODUCTION COMPANY
    	
 
    	
07/29/75
    	
 
    	
ADAMS
    	
 
    	
2019
    	
 
    	
872
    	
 
    	
 
    	
 
    	
T1S R67W
    	
 
    	
5.3482
    	
 
    	
2.6741
    	
 
    	
1.3371
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 10: PART OF THE N2 AS   MORE PARTICULARLY
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
DESCRIBED BY THE LEASE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
AS TO THAT PORTION OF THE ABOVE   TRACT IN THE NWNE OF SECTION 10 (5.0597 ACRES):
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LIMITED TO THOSE DEPTHS AND   FORMATIONS BELOW THE BASE OF THE SHANNON FORMATION.
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
AS TO THAT PORTION OF THE ABOVE   TRACT IN THE NENW OF SECTION 10 (.2884 ACRES):
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LIMITED TO THOSE DEPTHS AND   FORMATIONS BELOW THE BASE OF THE SUSSEX FORMATION.
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100001BA
    	
 
    	
DARRELL D CARVER AND JEANNETTE L   CARVER
    	
 
    	
AMOCO PRODUCTION COMPANY
    	
 
    	
07/29/75
    	
 
    	
ADAMS
    	
 
    	
2046
    	
 
    	
101
    	
 
    	
 
    	
 
    	
T1S R67W
    	
 
    	
1.2050
    	
 
    	
0.6025
    	
 
    	
0.3013
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 10: THAT PART OF THE   W2NE IN HI-LAND ACRES
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
THIRD FILING DESCRIBED AS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BLOCK 10, LOT 2 & 7
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LIMITED TO THOSE DEPTHS AND   FORMATIONS BELOW THE BASE OF THE SUSSEX
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100001BB
    	
 
    	
ROBERT L O’TOOLE AND LINDA J   O’TOOLE
    	
 
    	
AMOCO PRODUCTION COMPANY
    	
 
    	
07/29/75
    	
 
    	
ADAMS
    	
 
    	
2046
    	
 
    	
103
    	
 
    	
 
    	
 
    	
T1S R67W
    	
 
    	
0.5020
    	
 
    	
0.2510
    	
 
    	
0.1255
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 10: THAT PART OF THE   W2NE IN HI-LAND ACRES
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SECOND FILING DESCRIBED AS:
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BLOCK 2, LOT 2
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LIMITED TO THOSE DEPTHS AND   FORMATIONS BELOW THE BASE OF THE SUSSEX
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100001BC
    	
 
    	
GROVER O LELLY AND WILMA J KELLY,   HUSBAND
    	
 
    	
AMOCO PRODUCTION COMPANY
    	
 
    	
07/29/75
    	
 
    	
ADAMS
    	
 
    	
2056
    	
 
    	
68
    	
 
    	
 
    	
 
    	
T1S R67W
    	
 
    	
0.7030
    	
 
    	
0.3515
    	
 
    	
0.1757
    	
 
    

 

5

 

	
Lease
    	
 
    	
Lessor Name
    	
 
    	
Lessee Name
    	
 
    	
Eff Date
    	
 
    	
Rec County
    	
 
    	
Book
    	
 
    	
Page
    	
 
    	
Entry
    	
 
    	
Legal Description
    	
 
    	
Gross Acres
    	
 
    	
Net Acres
    	
 
    	
PSC Net Acres
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
AND WIFE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 10: THAT PART OF THE   W2NE IN HI-LAND ACRES
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SECOND FILING DESCRIBED AS:
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BLOCK 2, LOT 3
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LIMITED TO THOSE DEPTHS AND   FORMATIONS BELOW THE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BASE OF THE SUSSEX
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100001BD
    	
 
    	
STEVEN W PIPER AND JANET C PIPER
    	
 
    	
AMOCO PRODUCTION COMPANY
    	
 
    	
07/29/75
    	
 
    	
ADAMS
    	
 
    	
2058
    	
 
    	
11
    	
 
    	
 
    	
 
    	
T1S R67W
    	
 
    	
0.6030
    	
 
    	
0.3015
    	
 
    	
0.1507
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 10: THAT PART OF THE   W2NE IN HI-LAND ACRES
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SECOND FILING DESCRIBED AS:
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BLOCK 8, LOT 3
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LIMITED TO THOSE DEPTHS AND   FORMATIONS BELOW THE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BASE OF THE SUSSEX
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100001BE
    	
 
    	
KENNETH L KUHNS AND HIS WIFE,   ELIZABETH BOOZ KUHNS
    	
 
    	
AMOCO PRODUCTION COMPANY
    	
 
    	
07/29/75
    	
 
    	
ADAMS
    	
 
    	
2835
    	
 
    	
416
    	
 
    	
 
    	
 
    	
T1S R67W
    	
 
    	
1.4000
    	
 
    	
0.7000
    	
 
    	
0.3500
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 10: THAT PART OF THE   W2NE IN HI-LAND ACRES
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
THIRD FILING DESCRIBED AS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BLOCK 14, LOT 1 & 8
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LIMITED TO THOSE DEPTHS AND   FORMATIONS BELOW THE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BASE OF THE SUSSEX
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100001BF
    	
 
    	
FREDERICK H BRINKERHOFF AND HIS   WIFE, ELLEN R BRINKERHOFF
    	
 
    	
AMOCO PRODUCTION COMPANY
    	
 
    	
12/02/83
    	
 
    	
ADAMS
    	
 
    	
2835
    	
 
    	
418
    	
 
    	
484134
    	
 
    	
T1S R67W
    	
 
    	
0.6000
    	
 
    	
0.3000
    	
 
    	
0.1500
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 10: THAT PART OF THE   W2NE IN HI-LAND ACRES
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SECOND FILING DESCRIBED AS:
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BLOCK 3, LOT 6
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LIMITED TO THOSE DEPTHS AND   FORMATIONS BELOW THE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BASE OF THE SUSSEX
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100001BG
    	
 
    	
JERRY SATRIANO AND HIS WIFE,   MARISA G STRIANO
    	
 
    	
AMOCO PRODUCTION COMPANY
    	
 
    	
12/02/83
    	
 
    	
ADAMS
    	
 
    	
2835
    	
 
    	
420
    	
 
    	
484135
    	
 
    	
T1S R67W
    	
 
    	
3.8000
    	
 
    	
1.9000
    	
 
    	
0.9500
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 10: THAT PART OF THE   W2NE IN HI-LAND ACRES
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SECOND FILING DESCRIBED AS:
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BLOCK 8, LOT 1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LIMITED TO THOSE DEPTHS AND   FORMATIONS BELOW THE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BASE OF THE SUSSEX
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100001BH
    	
 
    	
CHARLES E AUER AND HIS WIFE, MARY   F AUER
    	
 
    	
AMOCO PRODUCTION COMPANY
    	
 
    	
12/02/83
    	
 
    	
ADAMS
    	
 
    	
2843
    	
 
    	
904
    	
 
    	
488745
    	
 
    	
T1S R67W
    	
 
    	
0.6000
    	
 
    	
0.3000
    	
 
    	
0.1500
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 10: THAT PART OF THE   W2NE IN HI-LAND ACRES
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SECOND FILING DESCRIBED AS:
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BLOCK 5, LOT 2
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LIMITED TO THOSE DEPTHS AND   FORMATIONS BELOW THE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BASE OF THE SUSSEX
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100001C
    	
 
    	
THE FEDERAL LAND BANK OF WICHITA
    	
 
    	
THE ANSCHUTZ   CORPORATION, INC
    	
 
    	
11/18/70
    	
 
    	
ADAMS
    	
 
    	
1650
    	
 
    	
107
    	
 
    	
 
    	
 
    	
T1S R67W
    	
 
    	
80.0000
    	
 
    	
40.0000
    	
 
    	
20.0000
    	
 
    

 

6

 

	
Lease
    	
 
    	
Lessor Name
    	
 
    	
Lessee Name
    	
 
    	
Eff Date
    	
 
    	
Rec County
    	
 
    	
Book
    	
 
    	
Page
    	
 
    	
Entry
    	
 
    	
Legal Description
    	
 
    	
Gross Acres
    	
 
    	
Net Acres
    	
 
    	
PSC Net Acres
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 10: W2NE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LIMITED TO THE “J” SANDSTONE   FORMATION
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100001D
    	
 
    	
FAIRES S WEINANT AND KAY WEINANT
    	
 
    	
AMOCO PRODUCTION COMPANY
    	
 
    	
07/29/75
    	
 
    	
ADAMS
    	
 
    	
2013
    	
 
    	
431
    	
 
    	
 
    	
 
    	
T1S R67W
    	
 
    	
0.6030
    	
 
    	
0.3015
    	
 
    	
0.1507
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 10: THAT PART OF THE   W2NE IN HI-LAND ACRES
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
THIRD FILING DESCRIBED AS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BLOCK 14, LOT 2
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LIMITED TO THOSE DEPTHS AND   FORMATIONS BELOW THE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BASE OF THE SUSSEX
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100001E
    	
 
    	
VIRGIL L KUSKIE AND ERNA L KUSKIE
    	
 
    	
AMOCO PRODUCTION COMPANY
    	
 
    	
07/29/75
    	
 
    	
ADAMS
    	
 
    	
2013
    	
 
    	
436
    	
 
    	
 
    	
 
    	
T1S R67W
    	
 
    	
0.7560
    	
 
    	
0.3780
    	
 
    	
0.1890
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 10: THAT PART OF THE   W2NE IN HI-LAND ACRES
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
THIRD FILING DESCRIBED AS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BLOCK 14, LOT 7
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LIMITED TO THOSE DEPTHS AND   FORMATIONS BELOW THE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BASE OF THE SUSSEX
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100001F
    	
 
    	
GAYLE D FORTIN AND ELNA F FORTIN
    	
 
    	
AMOCO PRODUCTION COMPANY
    	
 
    	
07/29/75
    	
 
    	
ADAMS
    	
 
    	
2013
    	
 
    	
438
    	
 
    	
 
    	
 
    	
T1S R67W
    	
 
    	
1.6500
    	
 
    	
0.8250
    	
 
    	
0.4125
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 10: THAT PART OF THE   W2NE IN HI-LAND ACRES
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
THIRD FILING DESCRIBED AS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BLOCK 14, LOT 6
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LIMITED TO THOSE DEPTHS AND   FORMATIONS BELOW THE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BASE OF THE SUSSEX
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100001G
    	
 
    	
CURTIS B GRIEBEL AND LOIS I   GRIEBEL
    	
 
    	
AMOCO PRODUCTION COMPANY
    	
 
    	
07/29/75
    	
 
    	
ADAMS
    	
 
    	
2013
    	
 
    	
440
    	
 
    	
 
    	
 
    	
T1S R67W
    	
 
    	
0.6030
    	
 
    	
0.3015
    	
 
    	
0.1507
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 10: THAT PART OF THE   W2NE IN HI-LAND ACRES
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
THIRD FILING DESCRIBED AS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BLOCK 14, LOT 7
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LIMITED TO THOSE DEPTHS AND   FORMATIONS BELOW THE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BASE OF THE SUSSEX
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100001H
    	
 
    	
EMIL MARIUCCI AND FLORENCE M   MARIUCCI
    	
 
    	
AMOCO PRODUCTION COMPANY
    	
 
    	
07/29/75
    	
 
    	
ADAMS
    	
 
    	
2013
    	
 
    	
442
    	
 
    	
 
    	
 
    	
T1S R67W
    	
 
    	
0.7580
    	
 
    	
0.3790
    	
 
    	
0.1895
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 10: THAT PART OF THE   W2NE IN HI-LAND ACRES
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SECOND FILING DESCRIBED AS:
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BLOCK 7, LOT 4
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LIMITED TO THOSE DEPTHS AND   FORMATIONS BELOW THE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BASE OF THE SUSSEX
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100001I
    	
 
    	
ROBERT D WILLOX AND JEANETTE K   WILLOX
    	
 
    	
AMOCO PRODUCTION COMPANY
    	
 
    	
07/29/75
    	
 
    	
ADAMS
    	
 
    	
2013
    	
 
    	
444
    	
 
    	
 
    	
 
    	
T1S R67W
    	
 
    	
1.2030
    	
 
    	
0.6015
    	
 
    	
0.3008
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 10: THAT PART OF THE   W2NE IN HI-LAND ACRES
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SECOND FILING DESCRIBED AS:
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BLOCK 7, LOTS 2 & 3
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LIMITED TO THOSE DEPTHS AND   FORMATIONS BELOW THE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BASE OF THE SUSSEX
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    

 

7

 

	
Lease
    	
 
    	
Lessor Name
    	
 
    	
Lessee Name
    	
 
    	
Eff Date
    	
 
    	
Rec County
    	
 
    	
Book
    	
 
    	
Page
    	
 
    	
Entry
    	
 
    	
Legal Description
    	
 
    	
Gross Acres
    	
 
    	
Net Acres
    	
 
    	
PSC Net Acres
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100001J
    	
 
    	
CALVIN W CAYWOOD AND JOAN E   CAYWOOD
    	
 
    	
AMOCO PRODUCTION COMPANY
    	
 
    	
07/29/75
    	
 
    	
ADAMS
    	
 
    	
2013
    	
 
    	
448
    	
 
    	
 
    	
 
    	
T1S R67W
    	
 
    	
5.2800
    	
 
    	
2.6400
    	
 
    	
1.3200
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 10: THAT PART OF THE   W2NE IN HI-LAND ACRES
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
THIRD FILING DESCRIBED AS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BLOCK 4, LOTS 5-8 AND BLOCK 9,   LOTS 1-4
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LIMITED TO THOSE DEPTHS AND   FORMATIONS BELOW THE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BASE OF THE SUSSEX
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100001K
    	
 
    	
JOHN F HARTNER AND LINDA D   HARTNER
    	
 
    	
AMOCO PRODUCTION COMPANY
    	
 
    	
07/29/75
    	
 
    	
ADAMS
    	
 
    	
2013
    	
 
    	
450
    	
 
    	
 
    	
 
    	
T1S R67W
    	
 
    	
1.6530
    	
 
    	
0.8265
    	
 
    	
0.4133
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 10: THAT PART OF THE   W2NE IN HI-LAND ACRES
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
THIRD FILING DESCRIBED AS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BLOCK 13, LOTS 4 & 5 AS   MORE PARTICULARLY
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
DESCRIBED BY THE LEASE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LIMITED TO THOSE DEPTHS AND   FORMATIONS BELOW THE 
   BASE OF THE SUSSEX
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100001L
    	
 
    	
W FRED WILDER AND MABEL T WILDER
    	
 
    	
AMOCO PRODUCTION COMPANY
    	
 
    	
07/29/75
    	
 
    	
ADAMS
    	
 
    	
2013
    	
 
    	
452
    	
 
    	
 
    	
 
    	
T1S R67W
    	
 
    	
0.6000
    	
 
    	
0.3000
    	
 
    	
0.1500
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 10: THAT PART OF THE   W2NE IN HI-LAND ACRES
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SECOND FILING DESCRIBED AS:
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BLOCK 6, LOT 7
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LIMITED TO THOSE DEPTHS AND   FORMATIONS BELOW THE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BASE OF THE SUSSEX
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100001M
    	
 
    	
KENNETH W WALKER AND LAWANNA D   WALKER
    	
 
    	
AMOCO PRODUCTION COMPANY
    	
 
    	
07/29/75
    	
 
    	
ADAMS
    	
 
    	
2013
    	
 
    	
454
    	
 
    	
 
    	
 
    	
T1S R67W
    	
 
    	
0.7030
    	
 
    	
0.3515
    	
 
    	
0.1757
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 10: THAT PART OF THE   W2NE IN HI-LAND ACRES
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SECOND FILING DESCRIBED AS:
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BLOCK 5, LOT 1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LIMITED TO THOSE DEPTHS AND   FORMATIONS BELOW THE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BASE OF THE SUSSEX
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100001N
    	
 
    	
OTTO A BODE AND CLARA A BODE
    	
 
    	
AMOCO PRODUCTION COMPANY
    	
 
    	
07/29/75
    	
 
    	
ADAMS
    	
 
    	
2013
    	
 
    	
456
    	
 
    	
 
    	
 
    	
T1S R67W
    	
 
    	
0.6030
    	
 
    	
0.3015
    	
 
    	
0.1507
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 10: THAT PART OF THE   W2NE IN HI-LAND ACRES
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
THIRD FILING DESCRIBED AS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BLOCK 14, LOT 6
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LIMITED TO THOSE DEPTHS AND   FORMATIONS BELOW THE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BASE OF THE SUSSEX
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100001O
    	
 
    	
MARGARET M JANICH
    	
 
    	
AMOCO PRODUCTION COMPANY
    	
 
    	
07/29/75
    	
 
    	
ADAMS
    	
 
    	
2013
    	
 
    	
458
    	
 
    	
 
    	
 
    	
T1S R67W
    	
 
    	
0.6030
    	
 
    	
0.3015
    	
 
    	
0.1507
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 10: THAT PART OF THE   W2NE IN HI-LAND ACRES
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
THIRD FILING DESCRIBED AS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BLOCK 5, LOT 6
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LIMITED TO THOSE DEPTHS AND   FORMATIONS BELOW THE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BASE OF THE SUSSEX
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100001P
    	
 
    	
ROBERT L YALE AND JOAN G YALE
    	
 
    	
AMOCO PRODUCTION COMPANY
    	
 
    	
07/29/75
    	
 
    	
ADAMS
    	
 
    	
2013
    	
 
    	
460
    	
 
    	
 
    	
 
    	
T1S R67W
    	
 
    	
0.7640
    	
 
    	
0.3820
    	
 
    	
0.1910
    	
 
    

 

8

 

	
Lease
    	
 
    	
Lessor Name
    	
 
    	
Lessee Name
    	
 
    	
Eff Date
    	
 
    	
Rec County
    	
 
    	
Book
    	
 
    	
Page
    	
 
    	
Entry
    	
 
    	
Legal Description
    	
 
    	
Gross Acres
    	
 
    	
Net Acres
    	
 
    	
PSC Net Acres
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 10: THAT PART OF THE   W2NE IN HI-LAND ACRES
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
THIRD FILING DESCRIBED AS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BLOCK 5, LOT 5
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LIMITED TO THOSE DEPTHS AND   FORMATIONS BELOW THE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BASE OF THE SUSSEX
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100001Q
    	
 
    	
WILLIAM DURAN AND MARY C DURAN
    	
 
    	
AMOCO PRODUCTION COMPANY
    	
 
    	
07/29/75
    	
 
    	
ADAMS
    	
 
    	
2013
    	
 
    	
462
    	
 
    	
 
    	
 
    	
T1S R67W
    	
 
    	
1.2900
    	
 
    	
0.6450
    	
 
    	
0.3225
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 10: THAT PART OF THE   W2NE IN HI-LAND ACRES
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
THIRD FILING DESCRIBED AS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BLOCK 13, LOTS 2 & 7 AS   MORE PARTICULARLY
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
DESCRIBED BY THE LEASE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LIMITED TO THOSE DEPTHS AND   FORMATIONS BELOW THE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BASE OF THE SUSSEX
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100001R
    	
 
    	
DON A JONES AND MARJORIE J JONES
    	
 
    	
AMOCO PRODUCTION COMPANY
    	
 
    	
07/29/75
    	
 
    	
ADAMS
    	
 
    	
2014
    	
 
    	
798
    	
 
    	
 
    	
 
    	
T1S R67W
    	
 
    	
7.9400
    	
 
    	
3.9700
    	
 
    	
1.9850
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 10: THAT PART OF THE   W2NE IN HI-LAND ACRES
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SECOND FILING DESCRIBED AS:
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BLOCK 6, LOTS 1-4 AND BLOCK 7,   LOT 5; AND IN
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
HI-LAND ACRES THIRD FILING
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
DESCRIBED AS BLOCK 11, LOT 2 AND   A PORTION OF
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
PLOT 1011 AS MORE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
PARTICULARLY DESCRIBED BY THE   LEASE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LIMITED TO THOSE DEPTHS AND   FORMATIONS BELOW THE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BASE OF THE SUSSEX
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100001S
    	
 
    	
DAVID DONALD MOORE AND SARAH C   MOORE
    	
 
    	
AMOCO PRODUCTION COMPANY
    	
 
    	
07/29/75
    	
 
    	
ADAMS
    	
 
    	
2014
    	
 
    	
800
    	
 
    	
 
    	
 
    	
T1S R67W
    	
 
    	
0.7430
    	
 
    	
0.3715
    	
 
    	
0.1857
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 10: THAT PART OF THE   W2NE IN HI-LAND ACRES
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
THIRD FILING DESCRIBED AS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BLOCK 9, LOT 8
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LIMITED TO THOSE DEPTHS AND   FORMATIONS BELOW THE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BASE OF THE SUSSEX
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100001T
    	
 
    	
GEORGE Z JANICH AND DOROTHY J   ZANICH (JANICH)
    	
 
    	
AMOCO PRODUCTION COMPANY
    	
 
    	
07/29/75
    	
 
    	
ADAMS
    	
 
    	
2014
    	
 
    	
802
    	
 
    	
 
    	
 
    	
T1S R67W
    	
 
    	
1.6360
    	
 
    	
0.8180
    	
 
    	
0.4090
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 10: THAT PART OF THE   W2NE IN HI-LAND ACRES
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
THIRD FILING DESCRIBED AS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BLOCK 10, LOTS 3 & 6 AND   BLOCK 11, THE NORTH 100’
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
OF LOT 3
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LIMITED TO THOSE DEPTHS AND   FORMATIONS BELOW THE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BASE OF THE SUSSEX
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100001U
    	
 
    	
GUY M SMITH AND GRACE E SMITH
    	
 
    	
AMOCO PRODUCTION COMPANY
    	
 
    	
07/29/75
    	
 
    	
ADAMS
    	
 
    	
2014
    	
 
    	
804
    	
 
    	
 
    	
 
    	
T1S R67W
    	
 
    	
0.7000
    	
 
    	
0.3500
    	
 
    	
0.1750
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 10: THAT PART OF THE   W2NE IN HI-LAND ACRES
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
THIRD FILING DESCRIBED AS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BLOCK 5, LOT 8
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    

 

9

 

	
Lease
    	
 
    	
Lessor Name
    	
 
    	
Lessee Name
    	
 
    	
Eff Date
    	
 
    	
Rec County
    	
 
    	
Book
    	
 
    	
Page
    	
 
    	
Entry
    	
 
    	
Legal Description
    	
 
    	
Gross Acres
    	
 
    	
Net Acres
    	
 
    	
PSC Net Acres
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LIMITED TO THOSE DEPTHS AND   FORMATIONS BELOW THE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BASE OF THE SUSSEX
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100001V
    	
 
    	
HERBERT TAYLOR AND LOETTA B   TAYLOR
    	
 
    	
AMOCO PRODUCTION COMPANY
    	
 
    	
07/29/75
    	
 
    	
ADAMS
    	
 
    	
2014
    	
 
    	
806
    	
 
    	
 
    	
 
    	
T1S R67W
    	
 
    	
4.1800
    	
 
    	
2.0900
    	
 
    	
1.0450
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 10: THAT PART OF THE   W2NE IN HI-LAND ACRES
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SECOND FILING DESCRIBED AS:
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BLOCK 1, LOT 1 AND BLOCK 2 LOTS   4, 5, 6
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LIMITED TO THOSE DEPTHS AND   FORMATIONS BELOW THE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BASE OF THE SUSSEX
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100001W
    	
 
    	
TOM S YAMAMOTO AND ELIZABETH T   YAMAMOTO
    	
 
    	
AMOCO PRODUCTION COMPANY
    	
 
    	
07/29/75
    	
 
    	
ADAMS
    	
 
    	
2014
    	
 
    	
808
    	
 
    	
 
    	
 
    	
T1S R67W
    	
 
    	
0.7030
    	
 
    	
0.3515
    	
 
    	
0.1757
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 10: THAT PART OF THE   W2NE IN HI-LAND ACRES
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SECOND FILING DESCRIBED AS:
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BLOCK 8, LOT 5
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LIMITED TO THOSE DEPTHS AND   FORMATIONS BELOW THE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BASE OF THE SUSSEX
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100001X
    	
 
    	
WILLIAM P RENNER JR AN SANDRA S   RENNER
    	
 
    	
AMOCO PRODUCTION COMPANY
    	
 
    	
07/29/75
    	
 
    	
ADAMS
    	
 
    	
2014
    	
 
    	
810
    	
 
    	
 
    	
 
    	
T1S R67W
    	
 
    	
0.7030
    	
 
    	
0.3515
    	
 
    	
0.1757
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 10: THAT PART OF THE   W2NE IN HI-LAND ACRES
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SECOND FILING DESCRIBED AS:
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BLOCK 3, LOT 3
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LIMITED TO THOSE DEPTHS AND   FORMATIONS BELOW THE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BASE OF THE SUSSEX
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100001Y
    	
 
    	
WALTER L SMITH AND JACQUELINE   SMITH
    	
 
    	
AMOCO PRODUCTION COMPANY
    	
 
    	
07/29/75
    	
 
    	
ADAMS
    	
 
    	
2014
    	
 
    	
812
    	
 
    	
 
    	
 
    	
T1S R67W
    	
 
    	
1.2910
    	
 
    	
0.6455
    	
 
    	
0.3227
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 10: THAT PART OF THE   W2NE IN HI-LAND ACRES
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
THIRD FILING DESCRIBED AS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BLOCK 13, LOTS 3 & 6 AND   VACANT STREET ADJACENT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
TO LOT 6 TO THE SOUTH
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LIMITED TO THOSE DEPTHS AND   FORMATIONS BELOW THE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BASE OF THE SUSSEX
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100001Z
    	
 
    	
DON D HAZARD AND DOROTHY L HAZARD
    	
 
    	
AMOCO PRODUCTION COMPANY
    	
 
    	
07/29/75
    	
 
    	
ADAMS
    	
 
    	
2014
    	
 
    	
814
    	
 
    	
 
    	
 
    	
T1S R67W
    	
 
    	
0.7450
    	
 
    	
0.3725
    	
 
    	
0.1862
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 10: THAT PART OF THE   W2NE IN HI-LAND ACRES
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SECOND FILING DESCRIBED AS:
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BLOCK 3, LOT 7
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LIMITED TO THOSE DEPTHS AND   FORMATIONS BELOW THE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BASE OF THE SUSSEX
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100003A
    	
 
    	
MARCUS A AND SOPHIA S DEGENHART,   HUSBAND AND WIFE
    	
 
    	
ROCKY MOUNTAIN OIL & GAS   COMPANY, INC
    	
 
    	
06/01/70
    	
 
    	
ADAMS
    	
 
    	
1611
    	
 
    	
128
    	
 
    	
895351
    	
 
    	
T1S R67W
    	
 
    	
360.9480
    	
 
    	
324.8532
    	
 
    	
162.4266
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 5: NW, NE, PART OF THE   SW AND SE AS MORE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
PARTICULARLY DESCRIBED BY THE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LEASE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    

 

10

 

	
Lease
    	
 
    	
Lessor Name
    	
 
    	
Lessee Name
    	
 
    	
Eff Date
    	
 
    	
Rec County
    	
 
    	
Book
    	
 
    	
Page
    	
 
    	
Entry
    	
 
    	
Legal Description
    	
 
    	
Gross Acres
    	
 
    	
Net Acres
    	
 
    	
PSC Net Acres
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100004A
    	
 
    	
RALPH J   SMITH AND JOHN T LANE
    	
 
    	
HILIGHT   DRILLING CO
    	
 
    	
03/31/70
    	
 
    	
ADAMS
    	
 
    	
1593
    	
 
    	
232
    	
 
    	
889440
    	
 
    	
T1S R67W
   SEC 5: W2SESW, EXCLUDING A PARCEL AS MORE
   PARTICULARLY DESCRIBED BY THE
   LEASE
    	
 
    	
16.8920
    	
 
    	
15.2028
    	
 
    	
7.6014
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100010
    	
 
    	
LORETTA W   MOORE, FORMERLY KNOWN AS LORETTA W RUCKER, A MARRIED WOMAN DEALING IN HER   SOLE AND SEPARATE PROPERTY
    	
 
    	
AMOCO   PRODUCTION COMPANY
    	
 
    	
12/05/74
    	
 
    	
ADAMS
    	
 
    	
1972
    	
 
    	
465
    	
 
    	
 
    	
 
    	
T1S R67W
   SEC 10: E2NE

 

LIMITED   TO THOSE DEPTHS AND FORMATIONS BELOW THE
   BASE OF THE SUSSEX
   FORMATION
    	
 
    	
80.0000
    	
 
    	
80.0000
    	
 
    	
40.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100011
    	
 
    	
JOHN H   EHLER
    	
 
    	
AMOCO   PRODUCTION COMPANY
    	
 
    	
02/21/75
    	
 
    	
ADAMS
    	
 
    	
1972
    	
 
    	
467
    	
 
    	
 
    	
 
    	
T1S R67W
   SEC 10: W2NESE, W2SE, SESE

 

LIMITED   TO THOSE DEPTHS AND FORMATIONS BELOW THE
   BASE OF THE SHANNON
   FORMATION
    	
 
    	
140.0000
    	
 
    	
140.0000
    	
 
    	
70.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100012
    	
 
    	
ROBERT E   KORSA AND MERNA M KORSA, HUSBAND AND WIFE
    	
 
    	
PAUL V   HOOVER
    	
 
    	
03/26/71
    	
 
    	
ADAMS
    	
 
    	
1692
    	
 
    	
211
    	
 
    	
 
    	
 
    	
T1S R67W
   SEC 10: E2NESE

 

LIMITED,   FROM THE TOP OF THE “D” SANDSTONE
   FORMATION TO THE BASE OF THE
   “J” SANDSTONE FORMATION
    	
 
    	
20.0000
    	
 
    	
20.0000
    	
 
    	
10.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100013
    	
 
    	
ANADARKO   LAND CORP, A NEBRASKA CORPORATION AND ANADARKO E&P ONSHORE LLC, A   DELAWARE LIMITED LIABILITY COMPANY
    	
 
    	
KERR-MCGEE   OIL & GAS ONSHORE LP, A DELAWARE LIMITED PARTNERSHIP
    	
 
    	
02/22/16
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2016000014318
    	
 
    	
T1S R67W
   SEC 10: THE EAST 40.00 FEET OF THE NESE

 

FROM   SURFACE TO TOP OF D SAND AND ALL DEPTHS
   BELOW BASE OF J SAND
    	
 
    	
1.2200
    	
 
    	
1.2200
    	
 
    	
0.6100
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100019A
    	
 
    	
LILLIAN H   HILL
    	
 
    	
PETROGULF   ENERGY COMPANY
    	
 
    	
05/13/82
    	
 
    	
BROOMFIELD
    	
 
    	
2646
    	
 
    	
667
    	
 
    	
378777
    	
 
    	
T1S 68W
   SEC 15: NENW AND THAT PART OF HE N2NE NORTH AND
   WEST OF THE RIGHT-OF-WAY OF
   THE BULL CANAL
    	
 
    	
120.0000
    	
 
    	
24.0000
    	
 
    	
0.8247
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100019B
    	
 
    	
AVICE H   KERR
    	
 
    	
PETROGULF   ENERGY COMPANY
    	
 
    	
05/13/82
    	
 
    	
BROOMFIELD
    	
 
    	
2646
    	
 
    	
667
    	
 
    	
378777
    	
 
    	
T1S 68W
   SEC 15: NENW AND THAT PART OF HE N2NE NORTH AND
   WEST OF THE RIGHT-OF-WAY OF
   THE BULL CANAL
    	
 
    	
120.0000
    	
 
    	
24.0000
    	
 
    	
0.8247
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100019C
    	
 
    	
DARRELL R   AND MARY DOUGHTY, HUSBAND AND WIFE
    	
 
    	
PETROGULF   ENERGY COMPANY
    	
 
    	
06/29/82
    	
 
    	
BROOMFIELD
    	
 
    	
2663
    	
 
    	
270
    	
 
    	
388069
    	
 
    	
T1S 68W
   SEC 15: NENW AND THAT PART OF HE N2NE NORTH AND
   WEST OF THE RIGHT-OF-WAY OF
   THE BULL CANAL
    	
 
    	
120.0000
    	
 
    	
24.0000
    	
 
    	
0.8247
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100019D
    	
 
    	
JAMES L   REESE AND DOREY REESE, HUSBAND AND WIFE
    	
 
    	
PETROGULF   ENERGY COMPANY
    	
 
    	
06/01/82
    	
 
    	
BROOMFIELD
    	
 
    	
2663
    	
 
    	
261
    	
 
    	
388065
    	
 
    	
T1S R68W
   SEC 15: NENW AND THAT PART OF THE N2NE NORTH AND
   WEST OF THE RIGHT-OF-WAY OF
    	
 
    	
120.0000
    	
 
    	
24.0000
    	
 
    	
0.8247
    	
 
    

 

11

 

	
Lease
    	
 
    	
Lessor Name
    	
 
    	
Lessee Name
    	
 
    	
Eff Date
    	
 
    	
Rec County
    	
 
    	
Book
    	
 
    	
Page
    	
 
    	
Entry
    	
 
    	
Legal Description
    	
 
    	
Gross Acres
    	
 
    	
Net Acres
    	
 
    	
PSC Net Acres
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
THE BULL   CANAL
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100019E
    	
 
    	
SOLON E   THORNTON AND MILDRED THORNTON, HUSBAND AND WIFE
    	
 
    	
PETROGULF   ENERGY COMPANY
    	
 
    	
06/01/82
    	
 
    	
BROOMFIELD
    	
 
    	
2660
    	
 
    	
273
    	
 
    	
386464
    	
 
    	
T1S 68W
   SEC 15: NENW AND THAT PART OF HE N2NE NORTH AND
   WEST OF THE RIGHT-OF-WAY OF
   THE BULL CANAL
    	
 
    	
120.0000
    	
 
    	
24.0000
    	
 
    	
0.8247
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100020
    	
 
    	
NORMA C   MATHENA ROBERT F BOLTON AND MARY M WEIGANDT, JOINT TENANTS
    	
 
    	
PETROGULF   ENERGY COMPANY
    	
 
    	
04/05/82
    	
 
    	
BROOMFIELD
    	
 
    	
2648
    	
 
    	
770
    	
 
    	
379880
    	
 
    	
T1S R68W
   SEC 15: A PART OF THE NW AS MORE PARTICULARLY
   DESCRIBED BY THE LEASE
    	
 
    	
47.0000
    	
 
    	
47.0000
    	
 
    	
1.6150
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100021
    	
 
    	
MILTON W   FONAY AND VIRGINIA M FONAY, HUSBAND AND WIFE
    	
 
    	
VESSELS   OIL & GAS COMPANY
    	
 
    	
01/29/90
    	
 
    	
ADAMS ADAMS
    	
 
    	
3644 
   3698
    	
 
    	
806   
   959
    	
 
    	
927006   
   957736
    	
 
    	
T1S R68W
   SEC 22: S2NW
    	
 
    	
80.0000
    	
 
    	
80.0000
    	
 
    	
8.4799
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100022
    	
 
    	
FRONT   RANGE INVESTMENT CORPORATION OF COLORADO
    	
 
    	
ROCKY   MOUNTAIN OIL AND GAS COMPANY
    	
 
    	
01/14/71
    	
 
    	
ADAMS
    	
 
    	
1657
    	
 
    	
61
    	
 
    	
910296
    	
 
    	
T1S R67W
   SEC 18: E2NE, W2NE

 

E2NE:   FROM THE TOP OF THE DAKOTA TO THE BASE OF THE DAKOTA
   FROM THE TOP OF THE SURFACE TO THE TOP OF THE DAKOTA
   W2NE: FROM THE TOP OF THE DAKOTA TO THE BASE OF THE DAKOTA
    	
 
    	
160.0000
    	
 
    	
160.0000
    	
 
    	
60.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100023
    	
 
    	
ABNER   GUTHRIE AND VIOLET GUTHRIE, HUSBAND AND WIFE
    	
 
    	
TOM   VESSELS
    	
 
    	
05/07/70
    	
 
    	
ADAMS
    	
 
    	
1601
    	
 
    	
50
    	
 
    	
 
    	
 
    	
INSOFAR   AND ONLY INSOFAR AS LEASE COVERS:
   T1S R67W
   SEC 2: N2
    	
 
    	
285.2600
    	
 
    	
285.2600
    	
 
    	
70.4050
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100024
    	
 
    	
UNION   PACIFIC RAILROAD COMPANY
    	
 
    	
PAN   AMERICAN PETROLEUM CORPORATION
    	
 
    	
08/06/70
    	
 
    	
ADAMS
    	
 
    	
1623
    	
 
    	
66
    	
 
    	
 
    	
 
    	
INSOFAR   AND ONLY INSOFAR AS LEASE COVERS:
   T2S R64W
   SEC 15: S2
    	
 
    	
320.0000
    	
 
    	
320.0000
    	
 
    	
160.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100025
    	
 
    	
MOUNTAIN   VIEW WATER USERS ASSOCIATION
    	
 
    	
ROCKY   MOUNTAIN GAS AND OIL PRODUCERS
    	
 
    	
02/02/72
    	
 
    	
ADAMS
    	
 
    	
1781
    	
 
    	
504
    	
 
    	
950828
    	
 
    	
T1S R67W
   SEC 4: PART OF THE SW AS MORE PARTICULARLY
   DESCRIBED BY THE LEASE
    	
 
    	
0.2290
    	
 
    	
0.2290
    	
 
    	
0.1145
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100026
    	
 
    	
THE   COLORADO NATIONAL BANK OF DENVER, TRUSTEE
    	
 
    	
HILIGHT   DRILLING CO
    	
 
    	
08/27/70
    	
 
    	
ADAMS
    	
 
    	
1627
    	
 
    	
131
    	
 
    	
900605
    	
 
    	
T1S R67W
   SEC 4: PART OF THE W2 AS MORE PARTICULARLY
   DESCRIBED BY THE LEASE
    	
 
    	
221.7140
    	
 
    	
221.7140
    	
 
    	
110.8570
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100027A
    	
 
    	
NOEL AND   PAULA HUBERT
    	
 
    	
ROCKY   MOUNTAIN GAS AND OIL PRODUCERS, INC
    	
 
    	
01/26/72
    	
 
    	
ADAMS
    	
 
    	
1779
    	
 
    	
447
    	
 
    	
949531
    	
 
    	
T1S R67W
   SEC 4: PART OF THE E2W2 AS MORE PARTICULARLY
   DESCRIBED BY THE LEASE, PART
   OF THE NWSE AS MORE PARTICULARLY DESCRIBED BY THE
   LEASE
    	
 
    	
14.8845
    	
 
    	
7.4423
    	
 
    	
3.7212
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100027B
    	
 
    	
EDITH B   MCCLINTOCK AND THE FIRST NATIONAL BANK OF DENVER, CO-SUCCESSOR TESTAMENTARY TRUSTEE   OF THE ESTATE OF T E MCCLINTOCK, DECEASED
    	
 
    	
MARTIN J   FREEDMAN
    	
 
    	
07/15/70
    	
 
    	
ADAMS
    	
 
    	
1666
    	
 
    	
308
    	
 
    	
 
    	
 
    	
T1S R67W
   SEC 4: PART OF THE NENW, NWSE, NESW AS MORE
   PARTICULARLY DESCRIBED BY THE LEASE
    	
 
    	
31.0424
    	
 
    	
15.5213
    	
 
    	
7.7607
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100027C
    	
 
    	
PAUL E   AND NORMA L EDWARDS
    	
 
    	
ROCKY   MOUNTAIN OIL AND GAS CO
    	
 
    	
06/17/70
    	
 
    	
ADAMS
    	
 
    	
1618
    	
 
    	
71
    	
 
    	
897590
    	
 
    	
T1S R67W
   SEC 4: A PART OF THE NENW AS MORE PARTICULARLY
   DESCRIBED BY THE LEASE
    	
 
    	
16.1579
    	
 
    	
8.0790
    	
 
    	
4.0395
    	
 
    

 

12

 

	
Lease
    	
 
    	
Lessor Name
    	
 
    	
Lessee Name
    	
 
    	
Eff Date
    	
 
    	
Rec County
    	
 
    	
Book
    	
 
    	
Page
    	
 
    	
Entry
    	
 
    	
Legal Description
    	
 
    	
Gross Acres
    	
 
    	
Net Acres
    	
 
    	
PSC Net Acres
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100028A
    	
 
    	
HERBERT H   CHAMPLIN
    	
 
    	
NORTH   AMERICAN RESOURCES COMPANY
    	
 
    	
05/08/95
    	
 
    	
ADAMS
    	
 
    	
4541
    	
 
    	
902
    	
 
    	
 
    	
 
    	
INSOFAR   AND ONLY INSOFAR AS LEASE COVERS:
   T3S R64W
   SEC 8: W2SW LESS THOSE TRACTS MORE PARTICULARLY
   DESCRIBED IN THE LEASE
    	
 
    	
70.3510
    	
 
    	
46.9007
    	
 
    	
23.4504
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100028B
    	
 
    	
JACK D   DANFORD
    	
 
    	
NORTH   AMERICAN RESOURCES COMPANY
    	
 
    	
05/04/95
    	
 
    	
ADAMS
    	
 
    	
4532
    	
 
    	
380
    	
 
    	
 
    	
 
    	
INSOFAR   AND ONLY INSOFAR AS LEASE COVERS:
   T3S R64W
   SEC 8: W2SW LESS THOSE TRACTS MORE PARTICULARLY
   DESCRIBED IN THE LEASE
    	
 
    	
70.3510
    	
 
    	
23.4503
    	
 
    	
11.7251
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100029
    	
 
    	
DANFORD   CHAMPLIN FARMS LTD
    	
 
    	
NORTH   AMERICAN RESOURCES
    	
 
    	
05/04/95
    	
 
    	
ADAMS
    	
 
    	
4532
    	
 
    	
383
    	
 
    	
 
    	
 
    	
INSOFAR   AND ONLY INSOFAR AS LEASE COVERS:
   T3S W64W
   SEC 8: A TRACT OF LAND IN THE SW4 MORE
   PARTICULARLY DESCRIBED IN THE LEASE
    	
 
    	
9.1940
    	
 
    	
9.1940
    	
 
    	
4.5970
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100030
    	
 
    	
THE BOARD   OF COUNTY COMMISSIONERS, COUNTY OF ADAMS, STATE OF COLORADO
    	
 
    	
NORTH   AMERICAN RESOURCES COMPANY
    	
 
    	
06/06/95
    	
 
    	
ADAMS
    	
 
    	
4541
    	
 
    	
899
    	
 
    	
C0086537
    	
 
    	
INSOFAR   AND ONLY INSOFAR AS LEASE COVERS:
   T3S R64W
   SEC 8: THE NORTH 15 FEET OF THE SOUTH 45 FEET OF
   THE SW4 AS DESCRIBED
   ONBOOK 2835 PAGE 822 AND RE-RECORDED IN BOOK 2838
   PAGE 545
    	
 
    	
0.9720
    	
 
    	
0.9720
    	
 
    	
0.4860
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100031
    	
 
    	
LAWRENCE   E AND DONNA M WAILES, HUSBAND AND WIFE
    	
 
    	
MACEY AND   MERSHON OIL INC
    	
 
    	
03/23/82
    	
 
    	
ADAMS
    	
 
    	
2633
    	
 
    	
289
    	
 
    	
371009
    	
 
    	
INSOFAR   AND ONLY INSOFAR AS LEASE COVERS:
   T2S R63W
   SEC 8: NE
    	
 
    	
160.0000
    	
 
    	
160.0000
    	
 
    	
80.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100032
    	
 
    	
LAWRENCE   E AND DONNA M WAILES, HUSBAND AND WIFE
    	
 
    	
MACEY AND   MERSHON OIL INC
    	
 
    	
03/23/82
    	
 
    	
ADAMS
    	
 
    	
2633
    	
 
    	
285
    	
 
    	
371008
    	
 
    	
INSOFAR   AND ONLY INSOFAR AS LEASE COVERS:
   T2S R63W
   SEC 8: SE
    	
 
    	
160.0000
    	
 
    	
160.0000
    	
 
    	
80.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100033
    	
 
    	
ADALINE   DINSMORE CHAPMAN, A MARRIED WOMAN DEALING IN HER SOLE AND SEPARATE PROPERTY
    	
 
    	
W B MACEY   AND PAYL M MERSHON, JR
    	
 
    	
04/15/80
    	
 
    	
ADAMS
    	
 
    	
2468
    	
 
    	
874
    	
 
    	
271732
    	
 
    	
INSOFAR AND   ONLY INSOFAR AS LEASE COVERS:
   T1S R64W
   SEC 28: N2SE, NE
    	
 
    	
240.0000
    	
 
    	
240.0000
    	
 
    	
120.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100034A
    	
 
    	
JAMES M   WORTZ, A MARRIED MAN DEALING WITH HIS SOLE AND SEPARATE PROPERTY
    	
 
    	
WILLIAM   URBAN JR
    	
 
    	
03/26/82
    	
 
    	
ADAMS
    	
 
    	
2634
    	
 
    	
496
    	
 
    	
 
    	
 
    	
INSOFAR   AND ONLY INSOFAR AS LEASE COVERS:
   T2S R64W
   SEC 22: NENW, NWNW, SWNW, SENW
    	
 
    	
160.0000
    	
 
    	
20.0000
    	
 
    	
10.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100034B
    	
 
    	
ADA MCCAULEY   HILL, WIDOW OF GEORGE A HILL
    	
 
    	
WILLIAM   URBAN JR
    	
 
    	
03/26/82
    	
 
    	
ADAMS
    	
 
    	
2637
    	
 
    	
94
    	
 
    	
 
    	
 
    	
INSOFAR   AND ONLY INSOFAR AS LEASE COVERS:
   T2S R64W
   SEC 22: NENW, NWNW, SWNW, SENW
    	
 
    	
160.0000
    	
 
    	
20.0000
    	
 
    	
10.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100034C
    	
 
    	
JAMES H   WORTZ AKA JAMES WORTZ AND ELEANOR THOMPSON WORTZ, HUSBAND AND WIFE
    	
 
    	
MACEY AND   MERSHON OIL INC
    	
 
    	
05/26/82
    	
 
    	
ADAMS
    	
 
    	
2658
    	
 
    	
856
    	
 
    	
 
    	
 
    	
INSOFAR   AND ONLY INSOFAR AS LEASE COVERS:
   T2S R64W
   SEC 22: NENW, NWNW, SWNW, SENW
    	
 
    	
160.0000
    	
 
    	
20.0000
    	
 
    	
10.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100034D
    	
 
    	
CHARLES S   THOMPSON, AKA SANTFORD THOMPSON, A MARRIED MAN DEALING IN HIS SOLE AND SEPARATE   PROPERTY
    	
 
    	
MACEY AND   MERSHON OIL INC
    	
 
    	
05/26/82
    	
 
    	
ADAMS
    	
 
    	
2658
    	
 
    	
852
    	
 
    	
 
    	
 
    	
INSOFAR   AND ONLY INSOFAR AS LEASE COVERS:
   T2S R64W
   SEC 22: NENW, NWNW, SWNW, SENW
    	
 
    	
160.0000
    	
 
    	
20.0000
    	
 
    	
10.0000
    	
 
    

 

13

 

	
Lease
    	
 
    	
Lessor Name
    	
 
    	
Lessee Name
    	
 
    	
Eff Date
    	
 
    	
Rec County
    	
 
    	
Book
    	
 
    	
Page
    	
 
    	
Entry
    	
 
    	
Legal Description
    	
 
    	
Gross Acres
    	
 
    	
Net Acres
    	
 
    	
PSC Net Acres
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100034E
    	
 
    	
JOHN W   HASSELL AND MARY K HASSELL, HUSBAND AND WIFE
    	
 
    	
MACEY AND   MERSHON OIL INC
    	
 
    	
05/26/82
    	
 
    	
ADAMS
    	
 
    	
2658
    	
 
    	
860
    	
 
    	
 
    	
 
    	
INSOFAR   AND ONLY INSOFAR AS LEASE COVERS:
   T2S R64W
   SEC 22: NENW, NWNW, SWNW, SENW
    	
 
    	
160.0000
    	
 
    	
40.0000
    	
 
    	
20.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100034F
    	
 
    	
EDITH D   MARLATT AND IRA MARLATT, WIFE AND HUSBAND
    	
 
    	
MACEY AND   MERSHON OIL INC
    	
 
    	
04/22/83
    	
 
    	
ADAMS
    	
 
    	
2739
    	
 
    	
586
    	
 
    	
 
    	
 
    	
INSOFAR   AND ONLY INSOFAR AS LEASE COVERS:
   T2S R64W
   SEC 22: NENW, NWNW, SWNW, SENW
    	
 
    	
160.0000
    	
 
    	
40.0000
    	
 
    	
20.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100035
    	
 
    	
THE SMITH   FARMS, A PARTNERSHIP
    	
 
    	
C K   HOEFLE, INC
    	
 
    	
08/12/91
    	
 
    	
ADAMS
    	
 
    	
3810
    	
 
    	
435
    	
 
    	
 
    	
 
    	
INSOFAR   AND ONLY INSOFAR AS LEASE COVERS:
   T2S R64W
   SEC 22: NWNE, SW
    	
 
    	
200.0000
    	
 
    	
200.0000
    	
 
    	
60.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100036A
    	
 
    	
KALCEVIC   FARMS INC
    	
 
    	
C K   HOEFLE, INC
    	
 
    	
07/30/91
    	
 
    	
ADAMS
    	
 
    	
3810
    	
 
    	
440
    	
 
    	
 
    	
 
    	
INSOFAR   AND ONLY INSOFAR AS LEASE COVERS:
   T2S R64W
   SEC 22: S2SE
    	
 
    	
80.0000
    	
 
    	
40.0000
    	
 
    	
12.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100036B
    	
 
    	
ROBERT E   HALVERSON, A MARRIED MAN DEALING IN HIS SOLE AND SEPARATE PROPERTY
    	
 
    	
C K   HOEFLE INC
    	
 
    	
07/30/91
    	
 
    	
ADAMS
    	
 
    	
3810
    	
 
    	
444
    	
 
    	
 
    	
 
    	
INSOFAR   AND ONLY INSOFAR AS LEASE COVERS:
   T2S R64W
   SEC 22: S2SE
    	
 
    	
80.0000
    	
 
    	
20.0000
    	
 
    	
6.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100036C
    	
 
    	
RAYMOND D   HALVERSON, A SINGLE MAN
    	
 
    	
C K HOEFLE   INC
    	
 
    	
07/30/91
    	
 
    	
ADAMS
    	
 
    	
3810
    	
 
    	
442
    	
 
    	
 
    	
 
    	
INSOFAR   AND ONLY INSOFAR AS LEASE COVERS:
   T2S R64W
   SEC 22: S2SE
    	
 
    	
80.0000
    	
 
    	
20.0000
    	
 
    	
6.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100037
    	
 
    	
JOHN H   EHLER AND J GAYLE EHLER, HUSBAND AND WIFE
    	
 
    	
M E   THRASH
    	
 
    	
05/05/70
    	
 
    	
ADAMS
    	
 
    	
1602
    	
 
    	
241
    	
 
    	
 
    	
 
    	
T1S R67W
   SEC 4: NWSE PART OF, SESE PART OF
    	
 
    	
68.7600
    	
 
    	
68.7600
    	
 
    	
34.3800
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100038
    	
 
    	
MELVIN F   PORTERFIELD AND PATRICIA ANN PORTERFIELD, HUSBAND AND WIFE
    	
 
    	
ENERGY   MINERALS CORP
    	
 
    	
04/08/75
    	
 
    	
ADAMS
    	
 
    	
1990
    	
 
    	
970
    	
 
    	
 
    	
 
    	
T1S R67W
   SEC 4: PART OF THE SE AS MORE PARTICULARLY
   DESCRIBED BY THE LEASE
    	
 
    	
5.0100
    	
 
    	
5.0100
    	
 
    	
2.5050
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100039
    	
 
    	
ADAMS   COUNTY, A POLITICAL SUBDIVISION OF THE STATE OF COLORADO, ACTING BY AND   THROUGH ITS DULY AUTHORIZED BOARD OF COUNTY COMMISSIONERS
    	
 
    	
ENERGY   MINERAL CORPS
    	
 
    	
04/14/75
    	
 
    	
ADAMS
    	
 
    	
1995
    	
 
    	
2
    	
 
    	
 
    	
 
    	
T1S R67W
   SEC 4: A PART OF THE SE AS MORE PARTICULARLY
   DESCRIBED BY THE LEASE
    	
 
    	
1.8300
    	
 
    	
1.8300
    	
 
    	
0.9150
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100040
    	
 
    	
SIGNAL   RESERVOIR AND IRRIGATION COMPANY
    	
 
    	
HIGHLIGHT   DRILLING CO., INC.
    	
 
    	
06/06/70
    	
 
    	
ADAMS
    	
 
    	
1604
    	
 
    	
126
    	
 
    	
 
    	
 
    	
T1S R67W
   SEC 4: THAT PART OF THE NW OF SEC 4 SURROUNDING
   AND ENCOMPASSING THE SIGNAL
   RESERVOIR
    	
 
    	
68.0470
    	
 
    	
68.0470
    	
 
    	
0.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100041
    	
 
    	
BRYCE L   BREDEHOFT, TRUSTEE UNDER THE WILL OF GEORGE F BROWN, BRYCE L BREDEHOFT,   TRUSTEE UNDER THE WILL OF PEARL E BROWN, BRYCE L BREDEHOFT A/K/A BRYCE L   BREDERHOFT
    	
 
    	
PAUL V   HOOVLER
    	
 
    	
11/03/71
    	
 
    	
ADAMS
    	
 
    	
1762
    	
 
    	
476
    	
 
    	
944133
    	
 
    	
T1S R67W
   SEC 6: PART OF THE SW AND A PARCEL IN THE NWNWSE
   AS MORE PARTICULARLY DESCRIBED BY THE LEASE

 

NWSW:   FROM THE TOP OF SURFACE TO TOP OF JSAND AND BASE OF JSAND TO BASE OF DAKOTA
   NESW: FROM THE BASE OF SUSSEX TO TOP OF JSAND AND BASE OF JSAND TO BASE OF   DAKOTA
   PTSW: FROM THE BASE OF SUSSEX TO TOP OF JSAND AND BASE OF JSAND TO BASE OF   DAKOTA
    	
 
    	
155.7440
    	
 
    	
155.7440
    	
 
    	
50.5100
    	
 
    

 

14

 

	
Lease
    	
 
    	
Lessor Name
    	
 
    	
Lessee Name
    	
 
    	
Eff Date
    	
 
    	
Rec County
    	
 
    	
Book
    	
 
    	
Page
    	
 
    	
Entry
    	
 
    	
Legal Description
    	
 
    	
Gross Acres
    	
 
    	
Net Acres
    	
 
    	
PSC Net Acres
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100042
    	
 
    	
ELMER E   OESTMAN AND KAY A OESTMAN, HIS WIFE
    	
 
    	
BYRON OIL   INDUSTRIES, INC
    	
 
    	
02/20/79
    	
 
    	
ADAMS
    	
 
    	
2322
    	
 
    	
776
    	
 
    	
B184519
    	
 
    	
T1S R67W
   SEC 6: PARTS OF THE SWSW AND SESW AS MORE PARTICULARLY DESCRIBED BY THE LEASE
    	
 
    	
5.0400
    	
 
    	
5.0400
    	
 
    	
0.1260
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100043
    	
 
    	
ARTHUR G   EGAN AND EDNA EGAN
    	
 
    	
CHAPARRAL   RESOURCES, INC
    	
 
    	
08/04/76
    	
 
    	
ADAMS
    	
 
    	
2095
    	
 
    	
905
    	
 
    	
B0044624
    	
 
    	
T1S R67W
   SEC 6: PART OF THE SESW AS MORE PARTICULARLY
   DESCRIBED BY THE LEASE

 

FROM BASE   OF SUSSEX TO TOP JSAND AND BASE JSAND
   TO BASE DAKOTA
    	
 
    	
13.3300
    	
 
    	
13.3300
    	
 
    	
6.6650
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100044
    	
 
    	
CLAYTON E   WYMAN AND GRETTA WYMAN
    	
 
    	
ALAN J   BYRON D/B/A BYRON OIL INDUSTRIES
    	
 
    	
12/12/73
    	
 
    	
ADAMS
    	
 
    	
1904
    	
 
    	
131
    	
 
    	
25002
    	
 
    	
T1S R67W
   SEC 6: PART OF THE NWSE AS MORE PARTICULARLY
   DESCRIBED BY THE LEASE

 

SWSE,   SESE: FROM TOP OF SURFACE TO TOP OF JSAND AND BASE OF JSAND TO BASE OF DAKOTA

 

NESE:   FROM BASE OF SUSSEX TO TOP OF JSAND AND BASE OF JSAND TO BASE OF DAKOTA
    	
 
    	
148.4419
    	
 
    	
148.4419
    	
 
    	
58.7210
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100045
    	
 
    	
CASPER   SACK AND MOLLY SACK, HUSBAND AND WIFE
    	
 
    	
T S PACE
    	
 
    	
03/02/70
    	
 
    	
ADAMS
    	
 
    	
1588
    	
 
    	
224
    	
 
    	
887712
    	
 
    	
T1S R67W
   SEC 6: PART OF THE NWSE, SWSE AND S2NW AS MORE PARTICULARLY DESCRIBED BY
   THE LEASE PART OF THE SWSE AS MORE PARTICULARLY
   DESCRIBED BY THE LEASE

 

SWSE:   FROM TOP OF THE SURFACE TO TOP OF JSAND AND BASE OF JSAND TO BASE OF DAKOTA

 

S2NW:   FROM TOP OF THE SUSSEX TO BASE OF DAKOTA
    	
 
    	
84.6800
    	
 
    	
84.6800
    	
 
    	
39.8400
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100046A
    	
 
    	
JAMES A   CORCILIUS AND LYDA M CORCILIUS, HUSBAND AND WIFE
    	
 
    	
PAUL V   HOOVLER
    	
 
    	
01/12/71
    	
 
    	
ADAMS
    	
 
    	
1675
    	
 
    	
345
    	
 
    	
916182
    	
 
    	
T1S R67W
   SEC 6: N2NW, LOT 1, 2, 3, 4, 5, 6, 7 CORCILIUS ACRES

 

FROM THE   TOP OF SUSSEX TO BASE OF DAKOTA
    	
 
    	
66.7400
    	
 
    	
33.3700
    	
 
    	
16.6850
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100046B
    	
 
    	
LUCY V   TRUJILLO
    	
 
    	
PAUL V   HOOVLER
    	
 
    	
04/26/71
    	
 
    	
ADAMS
    	
 
    	
1696
    	
 
    	
423
    	
 
    	
922923
    	
 
    	
T1S R67W
   SEC 6: N2NW, LOT 1, 2, 3, 4, 5, 6, 7 CORCILIUS ACRES

 

FROM THE   TOP OF SUSSEX TO BASE OF DAKOTA
    	
 
    	
66.7400
    	
 
    	
33.3700
    	
 
    	
16.6850
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100047
    	
 
    	
ALBERT   SACK AND ANN Y SACK, HUSBAND AND WIFE
    	
 
    	
T S PACE
    	
 
    	
03/02/70
    	
 
    	
ADAMS
    	
 
    	
1588
    	
 
    	
230
    	
 
    	
 
    	
 
    	
INSOFAR   AND ONLY INSOFAR AS LEASE COVERS:
   T1S R67W
   SEC 6: NE
    	
 
    	
148.2500
    	
 
    	
148.2500
    	
 
    	
0.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100048
    	
 
    	
KATHERINE   J SACK AND GEORGE E SACK
    	
 
    	
AMOCO   PRODUCTION COMPANY
    	
 
    	
01/28/75
    	
 
    	
ADAMS
    	
 
    	
1979
    	
 
    	
275
    	
 
    	
 
    	
 
    	
T1S R67W
   SEC 6: PART OF THE NE AS MORE PARTICULARLY DESCRIBED BY THE LEASE
    	
 
    	
2.0700
    	
 
    	
2.0700
    	
 
    	
0.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100049
    	
 
    	
ANTHONY   PALIZZI AND VERA L PALIZZI, HUSBAND
    	
 
    	
DAN H   SEBASTIAN
    	
 
    	
10/14/70
    	
 
    	
ADAMS
    	
 
    	
1676
    	
 
    	
74
    	
 
    	
916326
    	
 
    	
T1S R67W
    	
 
    	
10.7200
    	
 
    	
10.7200
    	
 
    	
1.0050
    	
 
    

 

15

 

	
Lease
    	
 
    	
Lessor Name
    	
 
    	
Lessee Name
    	
 
    	
Eff Date
    	
 
    	
Rec County
    	
 
    	
Book
    	
 
    	
Page
    	
 
    	
Entry
    	
 
    	
Legal Description
    	
 
    	
Gross Acres
    	
 
    	
Net Acres
    	
 
    	
PSC Net Acres
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
AND WIFE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 18: A PARCEL OF LAND IN THE   SW AS MORE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
PARTICULARLY DESCRIBED BY THE   LEASE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
FROM THE BASE OF THE SUSSEX TO   THE TOP OF THE JSAND
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100050
    	
 
    	
ROBERT M WILLSEY AND PATRICIA J   WILLSEY, HUSBAND AND WIFE
    	
 
    	
DAN H SEBASTIAN
    	
 
    	
10/14/70
    	
 
    	
ADAMS
    	
 
    	
1676
    	
 
    	
69
    	
 
    	
 
    	
 
    	
T1S R67W
    	
 
    	
9.4900
    	
 
    	
9.4900
    	
 
    	
0.8897
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 18: TWO PARCELS OF LAND IN   THE SW AS MORE 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
PARTICULARLY DESCRIBED BY THE   LEASE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100051
    	
 
    	
FRANK VERNON VAN DEUSEN AND   GERTRUDE M VAN DEUSEN, HUSBAND AND WIFE
    	
 
    	
DAN H SEBASTIAN
    	
 
    	
02/18/71
    	
 
    	
ADAMS
    	
 
    	
1678
    	
 
    	
107
    	
 
    	
917015
    	
 
    	
T1S R67W
    	
 
    	
22.4100
    	
 
    	
22.4100
    	
 
    	
2.1009
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 18: A PARCEL OF LAND IN THE   SW AS MORE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
PARTICULARLY DESCRIBED BY THE   LEASE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100052
    	
 
    	
DONALD VAN DEUSEN AND BARBARA L   VAN DEUSEN
    	
 
    	
DAN J SEBASTIAN
    	
 
    	
02/18/71
    	
 
    	
ADAMS
    	
 
    	
1678
    	
 
    	
110
    	
 
    	
917016
    	
 
    	
T1S R67W
    	
 
    	
2.5600
    	
 
    	
2.5600
    	
 
    	
0.2400
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 18: A PARCEL OF LAND IN THE   SW AS MORE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
PARTICULARLY DESCRIBED BY THE   LEASE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100053
    	
 
    	
ADAMS COUNTY BOARD OF   COMMISSIONERS
    	
 
    	
THE ANSCHUTZ   CORPORATION, INC
    	
 
    	
03/17/71
    	
 
    	
ADAMS
    	
 
    	
1683
    	
 
    	
357
    	
 
    	
918821
    	
 
    	
INSOFAR AND ONLY INSOFAR AS LEASE   COVERS:
    	
 
    	
5.1200
    	
 
    	
5.1200
    	
 
    	
0.4800
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
T1S R67W
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 18: LOT 21, BLOCK 1 OF THE   LAYTON SUBDIVISION
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100054
    	
 
    	
LAUREN C STRASSBURG AND JANICE K   STRASSBURG, HUSBAND AND WIFE
    	
 
    	
DAN H SEBASTIAN
    	
 
    	
10/14/70
    	
 
    	
ADAMS
    	
 
    	
1663
    	
 
    	
404
    	
 
    	
 
    	
 
    	
T1S R67W
    	
 
    	
5.0200
    	
 
    	
5.0200
    	
 
    	
0.4706
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 18: SW BLOCK 2, LOTS 13, 14,   15, 16 OF THE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LAYTON SUBDIVISION
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100055
    	
 
    	
MUNIR F IBRAHIM AND ARDELLA N   IBRAHIM
    	
 
    	
THE ANSCHUTZ   CORPORATION, INC
    	
 
    	
04/07/71
    	
 
    	
ADAMS
    	
 
    	
1691
    	
 
    	
198
    	
 
    	
921184
    	
 
    	
T1S R67W
    	
 
    	
11.0700
    	
 
    	
11.0700
    	
 
    	
1.0378
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 18: SE, BLOCK 2, LOTS 12, 13,   14, 15, 16, 17,
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
18, 19 OF THE LAYTON SUBDIVISION
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100056
    	
 
    	
DONALD J SHELLEY AND PATRICIA JO   ANNE SHELLY, HUSBAND AND WIFE
    	
 
    	
DAN H SEBASTIAN
    	
 
    	
10/14/70
    	
 
    	
ADAMS
    	
 
    	
1663
    	
 
    	
414
    	
 
    	
 
    	
 
    	
INSOFAR AND ONLY INSOFAR AS LEASE   COVERS:
    	
 
    	
4.8800
    	
 
    	
4.8800
    	
 
    	
0.4575
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
T1S R67W
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 18: BLOCK 1, LOTS 5, 6, 7, 8   OF THE LAYTON SUBDIVISION
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100057
    	
 
    	
LOUIS A CARICATO AND BETTE JEAN   CARICATO, HUSBAND AND WIFE
    	
 
    	
DAN H SEBASTIAN
    	
 
    	
10/14/70
    	
 
    	
ADAMS
    	
 
    	
1676
    	
 
    	
78
    	
 
    	
916328
    	
 
    	
T1S R67W

SEC 18: SW, BLOCK 1, LOTS 9, 10, 11,   12 OF THE LAYTON SUBDIVISION
    	
 
    	
5.0700
    	
 
    	
5.0700
    	
 
    	
0.4753
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100058
    	
 
    	
JOE A HOLEMAN AND IONE S HOLEMAN,   HUSBAND AND WIFE
    	
 
    	
DAN H SEBASTIAN
    	
 
    	
10/14/70
    	
 
    	
ADAMS
    	
 
    	
411
    	
 
    	
 
    	
 
    	
912374
    	
 
    	
INSOFAR AND ONLY INSOFAR AS LEASE   COVERS:
    	
 
    	
5.2300
    	
 
    	
5.2300
    	
 
    	
0.4903
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
T1S R67W
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 18: SW, BLOCK 1, LOTS 1, 2,   3, 4 OF THE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LAYTON SUBDIVISION
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100059
    	
 
    	
SAMUEL L DUNHAM AND CARMA J   DUNHAM, HUSBAND AND WIFE
    	
 
    	
DAN H SEBASTIAN
    	
 
    	
10/14/70
    	
 
    	
ADAMS
    	
 
    	
1663
    	
 
    	
401
    	
 
    	
912368
    	
 
    	
T1S R67W
    	
 
    	
5.0700
    	
 
    	
5.0700
    	
 
    	
0.4753
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 18: SW, BLOCK 2, LOTS 5, 6,   7, 8 OF THE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LAYTON SUBDIVISION
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100060
    	
 
    	
CHARLES D HOYT AND JEANNETTE L   HOYT, HUSBAND AND WIFE
    	
 
    	
DAN H SEBASTIAN
    	
 
    	
11/04/70
    	
 
    	
ADAMS
    	
 
    	
1663
    	
 
    	
408
    	
 
    	
912372
    	
 
    	
INSOFAR AND ONLY INSOFAR AS LEASE   COVERS:
    	
 
    	
5.0300
    	
 
    	
5.0300
    	
 
    	
0.4716
    	
 
    
	
 
    	
T1S R67W
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
SEC 18: BLOCK 2, LOT 1, 2, 3, 4   OF THE LAYTON
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    

 

 

16

 

	
Lease
    	
 
    	
Lessor Name
    	
 
    	
Lessee Name
    	
 
    	
Eff Date
    	
 
    	
Rec County
    	
 
    	
Book
    	
 
    	
Page
    	
 
    	
Entry
    	
 
    	
Legal Description
    	
 
    	
Gross Acres
    	
 
    	
Net Acres
    	
 
    	
PSC Net Acres
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SUBDIVISION
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100061
    	
 
    	
TERYL J RICHMAN AND CARYLON J   RICHMAN, HUSBAND AND WIFE
    	
 
    	
DAN H SEBASTIAN
    	
 
    	
10/14/70
    	
 
    	
ADAMS
    	
 
    	
1663
    	
 
    	
421
    	
 
    	
912379
    	
 
    	
T1S R67W
    	
 
    	
5.0300
    	
 
    	
5.0300
    	
 
    	
0.4716
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 18: SW, BLOCK 2, LOTS 9, 10,   11 OF THE LAYTON
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SUBDIVISION
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100062
    	
 
    	
D GEORGE LAYTON AND EDNA E   LAYTON, HUSBAND AND WIFE
    	
 
    	
DAN H SEBASTIAN
    	
 
    	
10/14/70
    	
 
    	
ADAMS
    	
 
    	
1676
    	
 
    	
63
    	
 
    	
916322
    	
 
    	
INSOFAR AND ONLY INSOFAR AS LEASE   COVERS:
    	
 
    	
47.7900
    	
 
    	
47.7900
    	
 
    	
4.4803
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
T1S R67W
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 18: A PORTION OF THE SW AS   MORE PARTICULARLY
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
DESCRIBED BY THE LEASE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100063
    	
 
    	
GARY H WEBER AND GAYLIA A WEBER,   HUSBAND AND WIFE
    	
 
    	
CREST OIL AND GAS COMPANY
    	
 
    	
06/06/72
    	
 
    	
ADAMS
    	
 
    	
1864
    	
 
    	
 
    	
 
    	
652653
    	
 
    	
T1S R67W
    	
 
    	
5.4700
    	
 
    	
5.4700
    	
 
    	
0.5128
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 18: A PORTION OF THE SW AS   MORE PARTICULARLY
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
DESCRIBED BY THE LEASE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100064
    	
 
    	
D GEORGE LAYTON AND EDNA E   LAYTON, HUSBAND AND WIFE
    	
 
    	
CREST OIL AND GAS COMPANY
    	
 
    	
06/16/72
    	
 
    	
ADAMS
    	
 
    	
1864
    	
 
    	
654
    	
 
    	
916322
    	
 
    	
T1S R67W
    	
 
    	
0.3500
    	
 
    	
0.3500
    	
 
    	
0.0328
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 18: IN THE SW, A STRIP OF   LAND BEGINNING IN
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
THE SE CORNER OF SAID SW,
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
THENCE 20 FEET WEST, THENCE   RUNNING NORTH 760.00
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
FEET, THENCE EAST 20 FEET
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
TO THE BORDER LINE OF SAID SW,   THENCE SOUTH TO
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
THE POINT OF BEGINNING
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100065
    	
 
    	
FIRST INTERSTATE BANK OF DENVER,   SUCCESSOR TRUSTEE OF JOSEPH A LEISLE
    	
 
    	
MARTINEX CORPORATION
    	
 
    	
01/09/85
    	
 
    	
ADAMS
    	
 
    	
2962
    	
 
    	
432
    	
 
    	
R552153
    	
 
    	
T1S R67W
    	
 
    	
160.0000
    	
 
    	
160.0000
    	
 
    	
80.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 8: NE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
BASE OF THE SUSSEX TO BASE OF THE   DAKOTA
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100066
    	
 
    	
FRANCIS I TSUZUKI AND CALVIN C   MCCREGOR
    	
 
    	
SANDS-AMERICAN CORP
    	
 
    	
04/26/73
    	
 
    	
ADAMS
    	
 
    	
1870
    	
 
    	
392
    	
 
    	
 
    	
 
    	
T1S R67W
    	
 
    	
150.0000
    	
 
    	
150.0000
    	
 
    	
75.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: NE, EXCEPT A PARCEL AS   MORE PARTICULARLY
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
DESCRIBED BY THE LEASE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100068A
    	
 
    	
BROMLEY & BUCKLEY LLC
    	
 
    	
PETROSHARE CORP
    	
 
    	
10/26/16
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2016000095806
    	
 
    	
T1S R66W
    	
 
    	
237.6600
    	
 
    	
118.8300
    	
 
    	
59.4150
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 17: A PORTION OF THE NE AS   MORE PARTICULARLY
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
DESCRIBED BY THE LEASE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100068B
    	
 
    	
CASE 238 LLC
    	
 
    	
PETROSHARE CORP
    	
 
    	
10/26/16
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
201600095808
    	
 
    	
T1S R66W
    	
 
    	
237.6600
    	
 
    	
118.8300
    	
 
    	
59.4150
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 17: A PORTION OF THE NE AS   MORE PARTICULARLY
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
DESCRIBED BY THE LEASE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100069
    	
 
    	
CLARKE D CARLSON, A MARRIED MAN   DEALING IN HIS SOLE AND SEPARATE PROPERTY
    	
 
    	
PETROSHARE CORP
    	
 
    	
10/26/16
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2016000095807
    	
 
    	
T1S R66W
    	
 
    	
2.2195
    	
 
    	
2.2195
    	
 
    	
1.1098
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 17: THAT PART OF THE NE   AS MORE PARTICULARLY
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
DESCRIBED BY THE LEASE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100070A
    	
 
    	
SABLE LAND LLC
    	
 
    	
PETROSHARE CORP
    	
 
    	
10/26/16
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2016000095809
    	
 
    	
T1S R66W
    	
 
    	
129.7037
    	
 
    	
69.4841
    	
 
    	
34.7420
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 31: A PARCEL OF LAND IN THE   NW AS MORE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
PARTICULARLY DESCRIBED BY THE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LEASE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100075
    	
 
    	
CHAMPLIN PETROLEUM COMPANY
    	
 
    	
AMOCO PRODUCTION COMPANY
    	
 
    	
05/01/72
    	
 
    	
ADAMS
    	
 
    	
671
    	
 
    	
 
    	
 
    	
9690269
    	
 
    	
INSOFAR AND ONLY INSOFAR AS LEASE   COVERS: T1S R65W
    	
 
    	
613.7600
    	
 
    	
613.7600
    	
 
    	
227.5874
    	
 
    

 

17

 

	
Lease
    	
 
    	
Lessor Name
    	
 
    	
Lessee Name
    	
 
    	
Eff Date
    	
 
    	
Rec County
    	
 
    	
Book
    	
 
    	
Page
    	
 
    	
Entry
    	
 
    	
Legal Description
    	
 
    	
Gross Acres
    	
 
    	
Net Acres
    	
 
    	
PSC Net Acres
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 15: S2SE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 19: SE, E2SW, LOT 2 (53.76   acres ADA W2SW4)
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 23: SW, W2SE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100076
    	
 
    	
UNION PACIFIC RAILROAD
    	
 
    	
PAN AMERICAN PETROLEUM   CORPORATION
    	
 
    	
08/06/70
    	
 
    	
ADAMS
    	
 
    	
1623
    	
 
    	
63
    	
 
    	
899244
    	
 
    	
INSOFAR AND ONLY INSOFAR AS LEASE   COVERS:
    	
 
    	
475.0200
    	
 
    	
475.0200
    	
 
    	
166.2570
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
T1S R64W
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 17: W2NW, N2SE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 19: LOT 1 (76.36, ADA W2NW),   E2NW, S2 LOT 2
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
(38.66, ADA SWSW), SESW
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 29: N2NW
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100077
    	
 
    	
CHAMPLIN PETROLEUM COMPANY 
    	
 
    	
AMOCO PRODUCTION COMPANY, A   DELAWARE CORPORATION
    	
 
    	
05/01/72
    	
 
    	
ADAMS
    	
 
    	
1807
    	
 
    	
160
    	
 
    	
966651
    	
 
    	
T2S R64W
    	
 
    	
880.0000
    	
 
    	
880.0000
    	
 
    	
308.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 21: NESE, S2SE, NWSE, NW
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 23: N2SW
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 25: N2SE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 27: NW,SE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
T2S R65W
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 13: W2NW
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100078
    	
 
    	
CHAMPLIN PETROLEUM COMPANY
    	
 
    	
AMOCO PRODUCTION COMPANY
    	
 
    	
06/30/77
    	
 
    	
ADAMS
    	
 
    	
2167
    	
 
    	
15
    	
 
    	
 
    	
 
    	
INSOFAR AND ONLY INSOFAR AS LEASE   COVERS:
    	
 
    	
1280.8000
    	
 
    	
1280.8000
    	
 
    	
448.2800
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
T1S R59W
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 33: S2
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
T2S R59W
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 5: SW, NWSE, S2SE, NESE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
T2S R60W
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 13: SW, NW
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 3: LOT 3(40.30), LOT   4(40.50), S2NW, SW
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100079
    	
 
    	
CHAMPLIN PETROLEUM COMPANY
    	
 
    	
AMOCO PRODUCTION COMPANY
    	
 
    	
04/26/71
    	
 
    	
ADAMS
    	
 
    	
1723
    	
 
    	
140
    	
 
    	
931331
    	
 
    	
INSOFAR AND ONLY INSOFAR AS LEASE   COVERS:
    	
 
    	
1120.0000
    	
 
    	
1120.0000
    	
 
    	
392.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
T2S R63W
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 3: S2NW, N2SE, S2SW
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 15: W2 (LIMITED TO DEPTHS   BELOW THE BASE OF
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
THE “J” SANDSTONE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
FORMATION)
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 21: SWSW, NW(LIMITED TO THE   BASE OF THE “J”
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SANDSTONE FORMATION)
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 27: NESE, SWNW, W2SW, SESW,   SESE, NWSE, NESW,
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SWSE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100080
    	
 
    	
UNION PACIFIC RAILROAD COMPANY
    	
 
    	
PAN AMERICAN PETROLEUM COMPANY
    	
 
    	
08/06/70
    	
 
    	
ADAMS
    	
 
    	
1623
    	
 
    	
66
    	
 
    	
899245
    	
 
    	
INSOFAR AND ONLY INSOFAR AS LEASE   COVERS:
    	
 
    	
160.0000
    	
 
    	
160.0000
    	
 
    	
56.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
T1S R64W
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 35: SW
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100081A
    	
 
    	
WALT HABEL, INC
    	
 
    	
JOHN W MCKNAB
    	
 
    	
07/05/69
    	
 
    	
ADAMS
    	
 
    	
1535
    	
 
    	
425
    	
 
    	
870137
    	
 
    	
INSOFAR AND ONLY INSOFAR AS LEASE   COVERS:
    	
 
    	
840.0000
    	
 
    	
837.5000
    	
 
    	
293.1250
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
T2S R62W
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 22: W2
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 23: W2NW, SW, N2SE, SESE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 34: E2NW, NESW, SESW LIMITED   TO DEPTHS BELOW
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    

 

18

 

	
Lease
    	
 
    	
Lessor Name
    	
 
    	
Lessee Name
    	
 
    	
Eff Date
    	
 
    	
Rec County
    	
 
    	
Book
    	
 
    	
Page
    	
 
    	
Entry
    	
 
    	
Legal Description
    	
 
    	
Gross Acres
    	
 
    	
Net Acres
    	
 
    	
PSC Net Acres
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
7270'
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100081B
    	
 
    	
JOHN T BURCH
    	
 
    	
JOHN W MCKNAB
    	
 
    	
07/28/69
    	
 
    	
ADAMS
    	
 
    	
1536
    	
 
    	
72
    	
 
    	
870246
    	
 
    	
INSOFAR AND ONLY INSOFAR AS LEASE   COVERS:
    	
 
    	
40.0000
    	
 
    	
2.5000
    	
 
    	
0.8750
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
T2S R62W
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 23:SWSW
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100082
    	
 
    	
CHAMPLIN PETROLEUM COMPANY
    	
 
    	
AMOCO PRODUCTION COMPANY
    	
 
    	
03/14/72
    	
 
    	
ADAMS
    	
 
    	
1793
    	
 
    	
445
    	
 
    	
958256
    	
 
    	
INSOFAR AND ONLY INSOFAR AS LEASE   COVERS:
    	
 
    	
200.0000
    	
 
    	
200.0000
    	
 
    	
70.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
T2S R62W
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 23: E2NW
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
T3S R62W
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 5: S2SE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 9: NWSW
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100083
    	
 
    	
STATE OF COLORADO
    	
 
    	
ROBERT L BAYLESS, AGENT
    	
 
    	
03/30/89
    	
 
    	
ADAMS
    	
 
    	
3564
    	
 
    	
613
    	
 
    	
B882077
    	
 
    	
INSOFAR AND ONLY INSOFAR AS LEASE   COVERS:
    	
 
    	
320.0000
    	
 
    	
320.0000
    	
 
    	
152.4179
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
T1S R65W
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 16: E2
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100084
    	
 
    	
CHAMPLIN PETROLEUM COMPANY
    	
 
    	
AMOCO PRODUCTION COMPANY
    	
 
    	
10/05/77
    	
 
    	
ARAPAHOE
    	
 
    	
2685
    	
 
    	
496
    	
 
    	
1686706
    	
 
    	
INSOFAR AND ONLY INSOFAR AS LEASE   COVERS:
    	
 
    	
679.6300
    	
 
    	
679.6300
    	
 
    	
237.8705
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
T5S R62W
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 29: NWNW, W2SE, S2SW, N2SW,   S2NW
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
T5S R63W
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 1: LOT 2 (79.63 ADA N2NW),   S2NW, S2
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100085
    	
 
    	
CHAMPLIN PETROLEUM COMPANY
    	
 
    	
AMOCO PRODUCTION COMPANY
    	
 
    	
07/02/76
    	
 
    	
ARAPAHOE
    	
 
    	
2477
    	
 
    	
29
    	
 
    	
 
    	
 
    	
INSOFAR AND ONLY INSOFAR AS LEASE   COVERS:
    	
 
    	
320.0000
    	
 
    	
320.0000
    	
 
    	
112.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
T4S 63W
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 35: SW, S2NW, SWSE, NWSE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100086
    	
 
    	
CHAMPLIN PETROLEUM COMPANY
    	
 
    	
AMOCO PRODUCTION COMPANY
    	
 
    	
08/01/77
    	
 
    	
ELBERT
    	
 
    	
309
    	
 
    	
187
    	
 
    	
 
    	
 
    	
INSOFAR AND ONLY INSOFAR AS LEASE   COVERS:
    	
 
    	
720.0000
    	
 
    	
720.0000
    	
 
    	
252.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
T6S R64W
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 15: W2SE, SESE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 17: NESW, W2SE, NESE, S2SW,   SESE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 19: W2SE, W2NE, SESE, NESE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 21: NWNW, SWNW
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100087
    	
 
    	
LORENA M NORDMAN ESTATE BY
    	
 
    	
ROCKY MOUNTAIN PRODUCTION COMPANY
    	
 
    	
08/18/82
    	
 
    	
ELBERT
    	
 
    	
349
    	
 
    	
955
    	
 
    	
243425
    	
 
    	
INSOFAR AND ONLY INSOFAR AS LEASE   COVERS:
    	
 
    	
320.0000
    	
 
    	
320.0000
    	
 
    	
112.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
T6S R64W
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 20: E2
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100088
    	
 
    	
CHAMPLIN PETROLEUM COMPANY
    	
 
    	
AMOCO PETROLEUM COMPANY
    	
 
    	
12/12/77
    	
 
    	
WELD
    	
 
    	
821
    	
 
    	
 
    	
 
    	
1742594
    	
 
    	
INSOFAR AND ONLY INSOFAR AS LEASE   COVERS:
    	
 
    	
1680.0000
    	
 
    	
1680.0000
    	
 
    	
607.5472
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
T1N R64W
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 27: SESE (LIMITED TO 7754’),   SW (LIMITED TO
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
7852’), S2NW (LIMITED TO
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
7879'), W2SE, NESE (LIMITED TO   7754');
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 33: W2SW, E2SW, SE (LIMITED   TO “J” SANDSTONE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
FORMATION)
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 35: NW, N2SW (LIMITED TO   7730’)
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 31: E2W2, W2SE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
T1N 63W
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    

 

19

 

	
Lease
    	
 
    	
Lessor Name
    	
 
    	
Lessee Name
    	
 
    	
Eff Date
    	
 
    	
Rec County
    	
 
    	
Book
    	
 
    	
Page
    	
 
    	
Entry
    	
 
    	
Legal Description
    	
 
    	
Gross Acres
    	
 
    	
Net Acres
    	
 
    	
PSC Net Acres
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 29: NWNW, NENW, S2NW, SW
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 31: N2SE, E2SW
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100089A
    	
 
    	
RAYMOND L KISSLER AND MILDREDR   KISSLER, HUSBAND AND WIFE
    	
 
    	
CENTENNIAL PETROLEUM, INC
    	
 
    	
03/19/82
    	
 
    	
WELD
    	
 
    	
967
    	
 
    	
861
    	
 
    	
01890931
    	
 
    	
INSOFAR AND ONLY INSOFAR AS LEASE   COVERS:
    	
 
    	
30.6900
    	
 
    	
15.3450
    	
 
    	
6.1953
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
T4N R66W
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 21: THAT PORTION OF THE N2NW   LYING EAST OF
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
THE EASTERLY RIGHT-OF-WAY
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LINE OF THE WESTERN MUTUAL   COMPANY DITCH,
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
CONTAINING 30.69 ACRES, MORE OR   LESS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100089B
    	
 
    	
LILLIE M ECKHARDT ESTATE
    	
 
    	
CENTENNIAL PETROLEUM INC
    	
 
    	
05/01/82
    	
 
    	
WELD
    	
 
    	
970
    	
 
    	
 
    	
 
    	
01895211
    	
 
    	
INSOFAR AND ONLY INSOFAR AS LEASE   COVERS:
    	
 
    	
30.6900
    	
 
    	
7.6725
    	
 
    	
3.0976
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
T4N R66W
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 21: THAT PORTION OF THE N2NW   LYING EAST OF
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
THE EASTERLY RIGHT-OF-WAY
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LINE OF THE WESTERN MUTUAL   COMPANY DITCH,
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
CONTAINING 30.69 ACRES, MORE OR   LESS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100089C
    	
 
    	
FLORENCE C MILLER, A WIDOW
    	
 
    	
CENTENNIAL PETROLEUM INC
    	
 
    	
04/19/82
    	
 
    	
WELD
    	
 
    	
970
    	
 
    	
 
    	
 
    	
1895212
    	
 
    	
INSOFAR AND ONLY INSOFAR AS LEASE   COVERS:
    	
 
    	
30.6900
    	
 
    	
7.6725
    	
 
    	
3.0976
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
T4N R66W
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 21: THAT PORTION OF THE N2NW   LYING EAST OF
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
THE EASTERLY RIGHT-OF-WAY
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LINE OF THE WESTERN MUTUAL   COMPANY DITCH,
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
CONTAINING 30.69 ACRES, MORE OR   LESS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100090
    	
 
    	
UNION PACIFIC RAILROAD COMPANY
    	
 
    	
PAN AMERICAN PETROLEUM   CORPORATION
    	
 
    	
08/11/70
    	
 
    	
ADAMS
    	
 
    	
1623
    	
 
    	
299
    	
 
    	
899402
    	
 
    	
T3S R61W
    	
 
    	
234.3500
    	
 
    	
234.3500
    	
 
    	
82.0225
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 9: NWSE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 15: E2SW
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 17: SWNW
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 19: LOT 2 (34.35 ADA SWNW),   SENW
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100091
    	
 
    	
UNION PACIFIC RAILROAD COMPANY
    	
 
    	
PAN AMERICAN PETROLEUM   CORPORATION
    	
 
    	
11/09/70
    	
 
    	
ADAMS
    	
 
    	
1651
    	
 
    	
6
    	
 
    	
908336
    	
 
    	
INSOFAR AND ONLY INSOFAR AS LEASE   COVERS:
    	
 
    	
560.0000
    	
 
    	
560.0000
    	
 
    	
196.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
T2S 63W
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 1: E2SW, W2SE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 11: E2W2, SE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 25: W2NW
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100092
    	
 
    	
UNION PACIFIC RAILROAD COMPANY
    	
 
    	
PAN AMERICAN PETROLEUM   CORPORATION
    	
 
    	
01/04/71
    	
 
    	
ADAMS
    	
 
    	
1666
    	
 
    	
52
    	
 
    	
913126
    	
 
    	
INSOFAR AND ONLY INSOFAR AS LEASE   COVERS:
    	
 
    	
320.0000
    	
 
    	
320.0000
    	
 
    	
112.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
T1S R63W
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 7: E2NW
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
T1S R64W
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 1: NWSW, NESW
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 5: NWSE, NESE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 9: W2SE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100093
    	
 
    	
CHAMPLIN PETROLEUM COMPANY
    	
 
    	
AMOCO PRODUCTION COMPANY
    	
 
    	
08/02/71
    	
 
    	
ADAMS
    	
 
    	
1743
    	
 
    	
178
    	
 
    	
937830
    	
 
    	
INSOFAR AND ONLY INSOFAR AS LEASE   COVERS:
    	
 
    	
120.0000
    	
 
    	
120.0000
    	
 
    	
42.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
T2S 61W
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 15: N2SW
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 19: SWSE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100094
    	
 
    	
CHAMPLIN PETROLEUM COMPANY
    	
 
    	
AMOCO PRODUCTION COMPANY
    	
 
    	
10/25/71
    	
 
    	
ADAMS
    	
 
    	
1767
    	
 
    	
180
    	
 
    	
 
    	
 
    	
INSOFAR AND ONLY INSOFAR AS LEASE   COVERS:
    	
 
    	
360.0000
    	
 
    	
360.0000
    	
 
    	
174.7803
    	
 
    

 

20

 

	
Lease
    	
 
    	
Lessor Name
    	
 
    	
Lessee Name
    	
 
    	
Eff Date
    	
 
    	
Rec County
    	
 
    	
Book
    	
 
    	
Page
    	
 
    	
Entry
    	
 
    	
Legal Description
    	
 
    	
Gross Acres
    	
 
    	
Net Acres
    	
 
    	
PSC Net Acres
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
T2S R66W
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 9: W2
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 11: SWSW
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100095
    	
 
    	
CHAMPLIN PETROLEUM COMPANY
    	
 
    	
AMOCO PRODUCTION COMPANY
    	
 
    	
10/31/75
    	
 
    	
ADAMS
    	
 
    	
2041
    	
 
    	
119
    	
 
    	
B010058
    	
 
    	
T2S R64W
   SEC 31: E2SW
    	
 
    	
80.0000
    	
 
    	
80.0000
    	
 
    	
28.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100096
    	
 
    	
CHAMPLIN PETROLEUM COMPANY
    	
 
    	
AMOCO PRODUCTION COMPANY
    	
 
    	
01/30/76
    	
 
    	
ADAMS
    	
 
    	
2082
    	
 
    	
672
    	
 
    	
B036256
    	
 
    	
INSOFAR AND ONLY INSOFAR AS LEASE   COVERS:
    	
 
    	
120.0000
    	
 
    	
120.0000
    	
 
    	
42.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
T3S R62W
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 21: S2SW
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 23: SWNW
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100097
    	
 
    	
CHAMPLIN PETROLEUM COMPANY
    	
 
    	
AMOCO PRODUCTION COMPANY
    	
 
    	
10/01/76
    	
 
    	
ADAMS
   WELD
    	
 
    	
2122
   1284
    	
 
    	
257
    	
 
    	
 

2235518
    	
 
    	
INSOFAR AND ONLY INSOFAR AS LEASE   COVERS:
    	
 
    	
640.0000
    	
 
    	
640.0000
    	
 
    	
218.6000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
T1S R65W
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 3: S2
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
T1N R65W
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 21: S2
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100098
    	
 
    	
CHAMPLIN PETROLEUM COMPANY
    	
 
    	
AMOCO PRODUCTION COMPANY
    	
 
    	
06/13/77
    	
 
    	
ADAMS
    	
 
    	
2163
    	
 
    	
127
    	
 
    	
B086114
    	
 
    	
INSOFAR AND ONLY INSOFAR AS LEASE   COVERS:
    	
 
    	
1369.2800
    	
 
    	
1369.2800
    	
 
    	
479.2480
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
T1S R62W
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 21: S2
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 31: LOT 2 (89.28), E2SW ADA   SW, (LIMITED TO
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
DEPTHS BELOW 7578’)
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 33: SW, NWSE, S2SE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
T1S R63W
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 15: E2W2, N2SE, SWSE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 25: SW, N2SE, SWSE, SESE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100099
    	
 
    	
CHAMPLIN PETROLEUM COMPANY
    	
 
    	
AMOCO PRODUCTION COMPANY
    	
 
    	
06/17/77
    	
 
    	
ADAMS
    	
 
    	
2161
    	
 
    	
407
    	
 
    	
B085078
    	
 
    	
INSOFAR AND ONLY INSOFAR AS LEASE   COVERS:
    	
 
    	
960.0000
    	
 
    	
960.0000
    	
 
    	
336.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
T1S R61W
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 3: S2
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 27: W2
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 35: SW, NW
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100100
    	
 
    	
CHAMPLIN PETROLEUM COMPANY
    	
 
    	
AMOCO PRODUCTION COMPANY
    	
 
    	
04/01/77
    	
 
    	
ADAMS
    	
 
    	
2147
    	
 
    	
154
    	
 
    	
B076338
    	
 
    	
INSOFAR AND ONLY INSOFAR AS LEASE   COVERS:
    	
 
    	
200.0000
    	
 
    	
200.0000
    	
 
    	
70.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
T2S R61W
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 11: S2SW, W2NW, NWSW
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100101
    	
 
    	
CHAMPLIN PETROLEUM COMPANY
    	
 
    	
AMOCO PRODUCTION COMPANY
    	
 
    	
03/03/77
    	
 
    	
ELBERT
    	
 
    	
306
    	
 
    	
140
    	
 
    	
213950
    	
 
    	
INSOFAR AND ONLY INSOFAR AS LEASE   COVERS:
    	
 
    	
160.0000
    	
 
    	
160.0000
    	
 
    	
56.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
T6S R62W
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 1: N2SW, SWSW, SESW
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100102
    	
 
    	
CHAMPLIN PETROLEUM COMPANY
    	
 
    	
AMOCO PRODUCTION COMPANY
    	
 
    	
10/11/76
    	
 
    	
WELD
    	
 
    	
787
    	
 
    	
1709361
    	
 
    	
 
    	
 
    	
T1N R64W
   SEC 15: E2NW, W2SW, W2SE
    	
 
    	
240.0000
    	
 
    	
240.0000
    	
 
    	
84.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100103A
    	
 
    	
OLIN J THOMPSON AND MYRTLE E   THOMPSON, WIFE
    	
 
    	
THE COLTON COMPANY
    	
 
    	
05/09/81
    	
 
    	
ADAMS
    	
 
    	
2535
    	
 
    	
186
    	
 
    	
B311665
    	
 
    	
INSOFAR AND ONLY INSOFAR AS LEASE   COVERS:
    	
 
    	
80.0000
    	
 
    	
40.0000
    	
 
    	
14.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
T3S R61W
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 10: S2SW
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    

 

21

 

	
Lease
    	
 
    	
Lessor Name
    	
 
    	
Lessee Name
    	
 
    	
Eff Date
    	
 
    	
Rec County
    	
 
    	
Book
    	
 
    	
Page
    	
 
    	
Entry
    	
 
    	
Legal Description
    	
 
    	
Gross Acres
    	
 
    	
Net Acres
    	
 
    	
PSC Net Acres
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100103B
    	
 
    	
CLARA A PRICE, WIDOW
    	
 
    	
THE COLTON COMPANY
    	
 
    	
05/09/81
    	
 
    	
ADAMS
    	
 
    	
2535
    	
 
    	
184
    	
 
    	
B311664
    	
 
    	
INSOFAR AND ONLY INSOFAR AS LEASE   COVERS:
    	
 
    	
80.0000
    	
 
    	
40.0000
    	
 
    	
14.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
T3S R61W
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 10: S2SW
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100104
    	
 
    	
CHARLES T HEINRICY AND DAVEDA M   HEINRICY
    	
 
    	
JOHN W MCKNAB
    	
 
    	
07/07/69
    	
 
    	
ADAMS
    	
 
    	
1534
    	
 
    	
196
    	
 
    	
869650
    	
 
    	
INSOFAR AND ONLY INSOFAR AS LEASE   COVERS:
    	
 
    	
80.0000
    	
 
    	
80.0000
    	
 
    	
28.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
T3S R62W
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 22: N2NE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100105
    	
 
    	
THE WESTERN MUTUAL DITCH COMPANY,   FORMERLY
    	
 
    	
CENTENNIAL PETROLEUM INC
    	
 
    	
09/07/82
    	
 
    	
WELD
    	
 
    	
977
    	
 
    	
 
    	
 
    	
1903523
    	
 
    	
INSOFAR AND ONLY INSOFAR AS LEASE   COVERS:
    	
 
    	
2.6500
    	
 
    	
2.6500
    	
 
    	
1.0699
    	
 
    
	
 
    	
 
    	
THE WESTERN DRAINAGE AND WATER   SUPPLY COMPANY
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
T4N R66W
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 21: THAT PORTION OF THE   WESTERN MUTUAL DITCH
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
COMPANY DITCH LYING IN THE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
N2NW4, CONTAINING 2.65 ACRES,   MORE OR LESS.
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100106
    	
 
    	
JAMES D KISSLER AND MARILEE   KISSLER, HUSBAND AND WIFE
    	
 
    	
CENTENNIAL PETROLEUM, INC
    	
 
    	
03/19/82
    	
 
    	
WELD
    	
 
    	
967
    	
 
    	
 
    	
 
    	
1890933
    	
 
    	
T4N R66W
    	
 
    	
46.6600
    	
 
    	
46.6600
    	
 
    	
18.8382
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 21:THAT PORTION OF THE N2NW4   LYING WEST OF
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
THE WESTERLY RIGHT-OF-WAY
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LINE OF THE WESTERN MUTUAL DITCH   COMPANY DITCH,
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
CONTAINING 46.66 ACRES,
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
MORE OR LESS, BEING A PORTION OF   TRACT B OF
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RECORDED EXEMPTION NO.
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
1057-21-1-RE4805, ACCORDING TO   THE MAP THEREOF
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RECORDED JULY 30,2008 UNDER
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RECEPTION NO. 3569377, RECORD OF   WELD COUNTY,
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
COLORADO.
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100112
    	
 
    	
ANNINO L MARSELLA AND FRANCESCA   MARSELLA AS JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
01/06/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000009646
    	
 
    	
T1S R66W
    	
 
    	
16.9800
    	
 
    	
16.9800
    	
 
    	
8.4900
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 20: A PART OF THE NE AS   MORE PARTICULARLY
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
DESCRIBED BY THE LEASE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100113
    	
 
    	
MICHAEL R MCCRORY
    	
 
    	
PETROSHARE CORP
    	
 
    	
01/11/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000009645
    	
 
    	
1S 66W
    	
 
    	
2.2397
    	
 
    	
2.2397
    	
 
    	
1.1199
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 20: LOT 3A, A RESUBDIVISION   OF MEADOW LARK
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
ACRES, ACCORDING TO THE PLAT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RECORDED 02-14-1980 AT RECEPTION   NO B248850
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100114A
    	
 
    	
THE EGIDIO AND CLARA SERAFINI   TRUST DATED FEBRUARY 24, 2013
    	
 
    	
PETROSHARE CORP
    	
 
    	
12/21/16
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
20017000018012
    	
 
    	
T1S R66W
    	
 
    	
5.0467
    	
 
    	
2.5234
    	
 
    	
1.2617
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 17: LOT 3, BAECHLER TRACT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100114B
    	
 
    	
THE FRANCO AND TERASA SERAFINI   TRUST DATED FEBRUARY 24, 2013
    	
 
    	
PETROSHARE CORP
    	
 
    	
12/21/16
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000018013
    	
 
    	
T1S R66W
   SEC 17: LOT 3, BAECHLER TRACT
    	
 
    	
5.0467
    	
 
    	
2.5234
    	
 
    	
1.2617
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100115
    	
 
    	
FORTERRA INVESTMENTS, LTD
    	
 
    	
PETROSHARE CORP
    	
 
    	
02/01/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000017176
    	
 
    	
T1S R66W
    	
 
    	
42.2839
    	
 
    	
42.2839
    	
 
    	
21.1420
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 20: A PARCEL OF LAND IN THE   NE AND THE W2SE AS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
MORE PARTICULARLY DESCRIBED BY   THE LEASE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100116
    	
 
    	
FORTERRA INVESTMENTS, LTD
    	
 
    	
PETROSHARE CORP
    	
 
    	
02/01/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000017177
    	
 
    	
T1S R66W
    	
 
    	
10.0080
    	
 
    	
10.0080
    	
 
    	
5.0040
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 20: A TRACT OF LAND IN THE   NWSE AS MORE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
PARTICULARLY DESCRIBED BY THE   LEASE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100117
    	
 
    	
FORTERRA INVESTMENTS, LTD
    	
 
    	
PETROSHARE CORP
    	
 
    	
02/01/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000017178
    	
 
    	
T1S R66W
    	
 
    	
1.5890
    	
 
    	
1.5890
    	
 
    	
0.7945
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 20: A TRACT OF LAND IN THE SE   AS MORE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    

 

22

 

	
Lease
    	
 
    	
Lessor Name
    	
 
    	
Lessee Name
    	
 
    	
Eff Date
    	
 
    	
Rec County
    	
 
    	
Book
    	
 
    	
Page
    	
 
    	
Entry
    	
 
    	
Legal Description
    	
 
    	
Gross Acres
    	
 
    	
Net Acres
    	
 
    	
PSC Net Acres
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
PARTICULARLY DESCRIBED BY THE   LEASE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100118
    	
 
    	
DAVID B ATKINS AND RENEE J   ATKINS, AS JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
12/08/16
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000015507
    	
 
    	
T1S R66W
    	
 
    	
5.0460
    	
 
    	
5.0460
    	
 
    	
2.5230
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 17: LOT 2 BAECHLER TRACT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100120A
    	
 
    	
COBANK, FCB, SUCCESSOR TO US   AGBANK FCB
    	
 
    	
MORNING GUN EXPLORATION, LLC
    	
 
    	
10/08/14
    	
 
    	
WELD
    	
 
    	
 
    	
 
    	
 
    	
 
    	
4055676
    	
 
    	
T7N R59W
   SEC 26: N2NE
    	
 
    	
80.0000
    	
 
    	
40.0000
    	
 
    	
20.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100121A
    	
 
    	
COBANK, FCB, SUCCESSOR TO US   AGBANK FCB
    	
 
    	
MORNING GUN EXPLORATION LLC
    	
 
    	
03/19/15
    	
 
    	
WELD
    	
 
    	
 
    	
 
    	
 
    	
 
    	
4097343
    	
 
    	
T7N R63W
    	
 
    	
160.8000
    	
 
    	
80.4000
    	
 
    	
40.2000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 2: NE (LOTS 1, 2, S2NE)
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LIMITED TO DEPTHS AND FORMATIONS   FROM THE SURFACE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
TO 50’ ABOVE THE TOP OF
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
THE J SAND FORMATION
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100122A
    	
 
    	
COBANK, FCB, SUCCESSOR TO US   AGBANK FCB
    	
 
    	
MORNING GUN EXPLORATION LLC
    	
 
    	
03/19/15
    	
 
    	
WELD
    	
 
    	
 
    	
 
    	
 
    	
 
    	
4097190
    	
 
    	
T7N R63W
    	
 
    	
160.5600
    	
 
    	
80.2800
    	
 
    	
40.1400
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 2: NW (LOTS 3, 4, S2NW)
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LIMITED TO DEPTHS AND FORMATIONS   FROM THE SURFACE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
TO 50’ ABOVE THE TOP OF
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
THE J SAND FORMATION
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100123A
    	
 
    	
KENT HAMILTON
    	
 
    	
MORNING GUN EXPLORATION LLC
    	
 
    	
07/02/15
    	
 
    	
WELD
    	
 
    	
 
    	
 
    	
 
    	
 
    	
4144911
    	
 
    	
T7N R63W
    	
 
    	
320.0000
    	
 
    	
49.0560
    	
 
    	
24.5280
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 11: S2
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LIMITED TO DEPTHS AND FORMATIONS   FROM THE SURFACE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
TO 50’ ABOVE THE TOP OF THE J   SAND FORMATION
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100123B
    	
 
    	
THE NAOMI H WARD REVOCABLE TRUST   DATED 6/17/2011, NAOMI H WARD, ALSO KNOW AS NAOMI D WARD, AS TRUSTEE
    	
 
    	
MORNING GUN EXPLORATION LLC
    	
 
    	
07/07/15
    	
 
    	
WELD
    	
 
    	
 
    	
 
    	
 
    	
 
    	
4144912
    	
 
    	
T7N R63W
    	
 
    	
320.0000
    	
 
    	
49.0560
    	
 
    	
24.5280
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 11: S2
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 

LIMITED TO DEPTHS AND FORMATIONS   FROM THE SURFACE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
TO 50’ ABOVE THE TOP OF THE J   SAND FORMATION
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100123C
    	
 
    	
SANDRA G HARPER, A MARRIED WOMAN   DEALING IN HER SOLE AND SEPARATE PROPERTY
    	
 
    	
MORNING GUN EXPLORATION LLC
    	
 
    	
07/02/15
    	
 
    	
WELD
    	
 
    	
 
    	
 
    	
 
    	
 
    	
4144913
    	
 
    	
T7N R63W
    	
 
    	
320.0000
    	
 
    	
49.0560
    	
 
    	
24.5280
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 11: S2

 

LIMITED TO DEPTHS AND FORMATIONS   FROM THE SURFACE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
TO 50’ ABOVE THE TOP OF THE J   SAND FORMATION
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100123D
    	
 
    	
SUSAN M BOULTER TRUST DATED   NOVEMBER 25, 1997 A/K/A SUSAN M DAVIS, SCOTT L DAVIS, AS TRUSTEE
    	
 
    	
MORNING GUN EXPLORATION LLC
    	
 
    	
02/01/16
    	
 
    	
WELD
    	
 
    	
 
    	
 
    	
 
    	
 
    	
4201768
    	
 
    	
T7N R63W
    	
 
    	
320.0000
    	
 
    	
160.0000
    	
 
    	
80.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 11: S2

 

LIMITED TO DEPTHS AND FORMATIONS   FROM THE SURFACE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
TO 50’ ABOVE THE TOP OF
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
THE J SAND FORMATION
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100124A
    	
 
    	
COBANK, FCB, SUCCESSOR TO US   AGBANK FCB
    	
 
    	
MORNING GUN EXPLORATION LLC
    	
 
    	
09/16/15
    	
 
    	
WELD
    	
 
    	
 
    	
 
    	
 
    	
 
    	
4167516
    	
 
    	
T7N R63W
    	
 
    	
160.0000
    	
 
    	
80.0000
    	
 
    	
40.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 24: NW
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LIMITED TO DEPTHS AND FORMATIONS   FROM THE SURFACE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
TO 50’ ABOVE THE TOP OF
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
THE J SAND FORMATION
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    

 

23

 

	
Lease
    	
 
    	
Lessor Name
    	
 
    	
Lessee Name
    	
 
    	
Eff Date
    	
 
    	
Rec County
    	
 
    	
Book
    	
 
    	
Page
    	
 
    	
Entry
    	
 
    	
Legal Description
    	
 
    	
Gross Acres
    	
 
    	
Net Acres
    	
 
    	
PSC Net Acres
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100125
    	
 
    	
BCK HEATH PROPERTY, LLC, A   COLORADO LIMITED LIABILITY COMPANY, BURTON C KROSS, MANAGER
    	
 
    	
MORNING GUN EXPLORATION LLC
    	
 
    	
09/29/15
    	
 
    	
WELD
    	
 
    	
 
    	
 
    	
 
    	
 
    	
4179264
    	
 
    	
T7N R63W
    	
 
    	
160.0000
    	
 
    	
160.0000
    	
 
    	
80.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 11:NE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LIMITED TO DEPTHS AND   FORMATIONS FROM THE SURFACE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
TO 50’ ABOVE THE TOP OF THE   J SAND FORMATION
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100126
    	
 
    	
BCK HEATH PROPERTY, LLC, A   COLORADO LIMITED LIABILITY COMPANY, BURTON C KROSS, MANAGER
    	
 
    	
MORNING GUN EXPLORATION LLC
    	
 
    	
09/29/15
    	
 
    	
WELD
    	
 
    	
 
    	
 
    	
 
    	
 
    	
4167517
    	
 
    	
T7N R63W
    	
 
    	
160.0000
    	
 
    	
160.0000
    	
 
    	
80.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 10: SW
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LIMITED TO DEPTHS AND FORMATIONS   FROM THE SURFACE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
TO 50’ ABOVE THE TOP OF THE J   SAND FORMATION
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100127
    	
 
    	
GRANT MYERS, TRUSTEE AND HIS   SUCCESSORS IN TRUST UNDER THE GRANT G MYERS REVOCABLE TRUST, DATED JUNE 24,   2015
    	
 
    	
MORNING GUN EXPLORATION LLC
    	
 
    	
09/08/15
    	
 
    	
WELD
    	
 
    	
 
    	
 
    	
 
    	
 
    	
4167518
    	
 
    	
T7N R63W
    	
 
    	
160.0000
    	
 
    	
160.0000
    	
 
    	
80.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 3: SW
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LIMITED TO DEPTHS AND FORMATIONS   FROM THE SURFACE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
TO 50’ ABOVE THE TOP OF
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
THE J SAND FORMATION
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100128A
    	
 
    	
KEVIN P BRUMLEY AND FAITH I   BRUMLEY, HUSBAND AND WIFE
    	
 
    	
MORNING GUN EXPLORATION LLC
    	
 
    	
10/29/15
    	
 
    	
WELD
    	
 
    	
 
    	
 
    	
 
    	
 
    	
4177054
    	
 
    	
T7N R63W
    	
 
    	
154.5800
    	
 
    	
77.2900
    	
 
    	
38.6450
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 11: LOTS A, B, C, AND D OF   RECORDED EXEMPTION
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
NO 0713-11-2 RE-4642,
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
ALSO DESCRIBED AS THE NW/4
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LIMITED TO DEPTHS AND FORMATIONS   FROM THE SURFACE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
TO 50’ ABOVE THE TOP OF
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
THE J SAND FORMATION
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100129A
    	
 
    	
THE KAREN R HALEY REVOCABLE TRUST   DATED FEBRUARY 8, 2002, KAREN R HALEY, AS TRUSTEE
    	
 
    	
MORNING GUN EXPLORATIONS LLC
    	
 
    	
02/26/16
    	
 
    	
WELD
    	
 
    	
 
    	
 
    	
 
    	
 
    	
4201767
    	
 
    	
T7N R63W
    	
 
    	
200.0000
    	
 
    	
40.0000
    	
 
    	
20.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 2: E2E2SW, SE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LIMITED TO DEPTHS AND FORMATIONS   FROM THE SURFACE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
TO 50’ ABOVE THE TOP OF
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
THE J SAND FORMATION
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100129B
    	
 
    	
WAYNE BALL, ALSO KNOWN AS WAYNE E   BALL ADN JUANITA J BALL, HUSBAND AND WIFE
    	
 
    	
MORNING GUN EXPLORATION LLC
    	
 
    	
02/17/16
    	
 
    	
WELD
    	
 
    	
 
    	
 
    	
 
    	
 
    	
4201769
    	
 
    	
T7N R63W
    	
 
    	
200.0000
    	
 
    	
100.0000
    	
 
    	
50.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 2: E2E2SW, SE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LIMITED TO DEPTHS AND FORMATIONS   FROM THE SURFACE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
TO 50’ ABOVE THE TOP OF
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
THE J SAND FORMATION
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100129C
    	
 
    	
GARLAND R BALL, A SINGLE MAN
    	
 
    	
MORNING GUN EXPLORATION LLC
    	
 
    	
04/29/16
    	
 
    	
WELD
    	
 
    	
 
    	
 
    	
 
    	
 
    	
4225558
    	
 
    	
T7N R63W
    	
 
    	
200.0000
    	
 
    	
5.0000
    	
 
    	
2.5000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 2: E2E2SW, SE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LIMITED TO DEPTHS AND FORMATIONS   FROM THE SURFACE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
TO 50’ ABOVE THE TOP OF THE J   SAND FORMATION
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100129D
    	
 
    	
TODD G BALL, A MARRIED MAN   DEALING IN HIS SOLE AND SEPARATE PROPERTY
    	
 
    	
MORNING GUN EXPLORATION LLC
    	
 
    	
04/29/16
    	
 
    	
WELD
    	
 
    	
 
    	
 
    	
 
    	
 
    	
4225559
    	
 
    	
T7N R63W
   SEC 2: E2E2SW, SE
    	
 
    	
200.0000
    	
 
    	
5.0000
    	
 
    	
2.5000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    

 

24

 

	
Lease
    	
 
    	
Lessor Name
    	
 
    	
Lessee Name
    	
 
    	
Eff Date
    	
 
    	
Rec County
    	
 
    	
Book
    	
 
    	
Page
    	
 
    	
Entry
    	
 
    	
Legal Description
    	
 
    	
Gross Acres
    	
 
    	
Net Acres
    	
 
    	
PSC Net Acres
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LIMITED TO DEPTHS AND FORMATIONS   FROM THE SURFACE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
TO 50’ ABOVE THE TOP OF THE J   SAND FORMATION
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100130A
    	
 
    	
COBANK FCB, A FEDERALLY CHARTERED   INSTRUMENT OF THE UNITED STATES
    	
 
    	
MORNING GUN EXPLORATION LLC
    	
 
    	
11/13/15
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2016000005856
    	
 
    	
T1S R67W
    	
 
    	
160.0000
    	
 
    	
80.0000
    	
 
    	
40.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 8: NW
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
LIMITED TO DEPTHS AND FORMATIONS   FROM THE SURFACE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
TO THE BASE OF THE SUSSEX
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
FORMATION
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100131A
    	
 
    	
COBANK, FCB, SUCCESSOR TO US   AGBANK FCB
    	
 
    	
MORNING GUN EXPLORATION, LLC
    	
 
    	
10/08/14
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2014000073208
    	
 
    	
T2S R61W
   SEC 6: LOTS 3, 4, 5, SENW
    	
 
    	
160.0400
    	
 
    	
80.0200
    	
 
    	
40.0100
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100132A
    	
 
    	
COBANK, FCB, SUCCESSOR TO US   AGBANK FCB
    	
 
    	
MORNING GUN EXPLORATION, LLC
    	
 
    	
10/08/14
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2014000073208
    	
 
    	
T2S R61W
   SEC 6: NE
    	
 
    	
160.0000
    	
 
    	
80.0000
    	
 
    	
40.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100133A
    	
 
    	
COBANK, FCB, SUCCESSOR TO US   AGBANK FCB
    	
 
    	
MORNING GUN EXPLORATION, LLC
    	
 
    	
10/08/14
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2014000073208
    	
 
    	
T2S R61W
   SEC 6: SW
    	
 
    	
160.0000
    	
 
    	
80.0000
    	
 
    	
40.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100134A
    	
 
    	
COBANK, FCB, SUCCESSOR TO US   AGBANK FCB
    	
 
    	
MORNING GUN EXPLORATION, LLC
    	
 
    	
10/08/14
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2014000073208
    	
 
    	
T2S R61W
   SEC 6: SE
    	
 
    	
160.0000
    	
 
    	
80.0000
    	
 
    	
40.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100135A
    	
 
    	
COBANK, FCB, SUCCESSOR TO US   AGBANK FCB
    	
 
    	
MORNING GUN EXPLORATION, LLC
    	
 
    	
10/08/14
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2014000073208
    	
 
    	
T2S R61W
   SEC 18: LOTS 1, 2, E2NW
    	
 
    	
159.6700
    	
 
    	
79.8350
    	
 
    	
39.9175
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100136A
    	
 
    	
COBANK, FCB, SUCCESSOR TO US   AGBANK FCB
    	
 
    	
MORNING GUN EXPLORATION, LLC
    	
 
    	
10/08/14
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2014000073208
    	
 
    	
T2S R61W
   SEC 18: NE
    	
 
    	
160.0000
    	
 
    	
80.0000
    	
 
    	
40.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100137A
    	
 
    	
COBANK, FCB, SUCCESSOR TO US   AGBANK FCB
    	
 
    	
MORNING GUN EXPLORATION, LLC
    	
 
    	
10/08/14
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2014000073208
    	
 
    	
T2S R62W
    	
 
    	
160.0000
    	
 
    	
80.0000
    	
 
    	
40.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 12: NW
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100137B
    	
 
    	
COBANK, FCB, SUCCESSOR TO US   AGBANK FCB
    	
 
    	
MORNING GUN EXPLORATION, LLC
    	
 
    	
10/08/14
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2014000073208
    	
 
    	
T2S R62W
   SEC 12: NE
    	
 
    	
160.0000
    	
 
    	
80.0000
    	
 
    	
40.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100137C
    	
 
    	
SMITH DONNA ET VIR
    	
 
    	
MORNING GUN EXPLORATION LLC
    	
 
    	
04/28/15
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2014000051116
    	
 
    	
T2S R62W
   SEC 12: ALL
    	
 
    	
640.0000
    	
 
    	
3.7500
    	
 
    	
1.8751
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100137D
    	
 
    	
SHARON MCCORMICK
    	
 
    	
MORNING GUN EXPLORATION LLC
    	
 
    	
04/28/15
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2014000051115
    	
 
    	
T2S R62W
   SEC 12: ALL
    	
 
    	
640.0000
    	
 
    	
3.7500
    	
 
    	
1.8751
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100137E
    	
 
    	
LYNN FLOYD, A SINGLE WOMAN
    	
 
    	
MORNING GUN EXPLORATION LLC
    	
 
    	
05/07/15
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2015000051114
    	
 
    	
T2S R62W
   SEC 12: ALL
    	
 
    	
640.0000
    	
 
    	
3.7500
    	
 
    	
1.8751
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100137F
    	
 
    	
CRAIG MCCORMICK, A SINGLE MAN
    	
 
    	
MORNING GUN EXPLORATION LLC
    	
 
    	
04/28/15
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2015000051113
    	
 
    	
T2S R62W
   SEC 12: ALL
    	
 
    	
640.0000
    	
 
    	
3.7500
    	
 
    	
1.8751
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100137G
    	
 
    	
PATRICIA ELDER, A SINGLE WOMAN
    	
 
    	
MORNING GUN EXPLORATION LLC
    	
 
    	
05/27/15
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2015000051117
    	
 
    	
T2S R62W

SEC 12: ALL
    	
 
    	
640.0000
    	
 
    	
15.0000
    	
 
    	
7.5000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100137H
    	
 
    	
JOSEPH SANDERS, A WIDOWER
    	
 
    	
MORNING GUN EXPLORATION LLC
    	
 
    	
05/15/15
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2015000051118
    	
 
    	
T2S R62W
   SEC 12: ALL
    	
 
    	
640.0000
    	
 
    	
15.0000
    	
 
    	
7.5000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    

 

25

 

	
Lease
    	
 
    	
Lessor Name
    	
 
    	
Lessee Name
    	
 
    	
Eff Date
    	
 
    	
Rec County
    	
 
    	
Book
    	
 
    	
Page
    	
 
    	
Entry
    	
 
    	
Legal Description
    	
 
    	
Gross Acres
    	
 
    	
Net Acres
    	
 
    	
PSC Net Acres
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100137I
    	
 
    	
KATHLEEN GAIL HILTON WENDELIN AND   BRIAN MITCHELL WENDELIN, HUSBAND AND WIFE
    	
 
    	
MORNING GUN EXPLORATION LLC
    	
 
    	
06/25/15
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2015000057962
    	
 
    	
T2S R62W
   SEC 12: ALL
    	
 
    	
640.0000
    	
 
    	
15.0000
    	
 
    	
7.5000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100139A
    	
 
    	
COBANK, FCB, SUCCESSOR TO US   AGBANK FCB
    	
 
    	
MORNING GUN EXPLORATION, LLC
    	
 
    	
10/08/14
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2014000073208
    	
 
    	
T2S R62W 
   SEC 31: SE
    	
 
    	
160.0000
    	
 
    	
40.0000
    	
 
    	
20.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100140A
    	
 
    	
COBANK, FCB, SUCCESSOR TO US   AGBANK FCB
    	
 
    	
MORNING GUN EXPLORATION, LLC
    	
 
    	
10/08/14
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2014000073208
    	
 
    	
T2S R62W 
   SEC 31: S2NE
    	
 
    	
80.0000
    	
 
    	
20.0000
    	
 
    	
10.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100141A
    	
 
    	
COBANK, FCB, SUCCESSOR TO US   AGBANK FCB
    	
 
    	
MORNING GUN EXPLORATION, LLC
    	
 
    	
10/08/14
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2014000073208
    	
 
    	
T2S R63W 
   SEC 18: NW
    	
 
    	
160.0000
    	
 
    	
80.0000
    	
 
    	
40.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100142A
    	
 
    	
COBANK, FCB, SUCCESSOR TO US   AGBANK FCB
    	
 
    	
MORNING GUN EXPLORATION, LLC
    	
 
    	
10/08/14
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2014000073208
    	
 
    	
T2S R63W 
   SEC 18: NE
    	
 
    	
160.0000
    	
 
    	
80.0000
    	
 
    	
40.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100143A
    	
 
    	
COBANK, FCB, SUCCESSOR TO US   AGBANK FCB
    	
 
    	
MORNING GUN EXPLORATION, LLC
    	
 
    	
10/08/14
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2014000073208
    	
 
    	
T2S R63W 
   SEC 26: NE
    	
 
    	
160.0000
    	
 
    	
80.0000
    	
 
    	
40.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100144A
    	
 
    	
COBANK, FCB, SUCCESSOR TO US   AGBANK FCB
    	
 
    	
MORNING GUN EXPLORATION, LLC
    	
 
    	
10/08/14
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2014000073208
    	
 
    	
T2S R63W 
   SEC 26: SW
    	
 
    	
160.0000
    	
 
    	
80.0000
    	
 
    	
40.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100145A
    	
 
    	
COBANK, FCB, SUCCESSOR TO US   AGBANK FCB
    	
 
    	
MORNING GUN EXPLORATION, LLC
    	
 
    	
10/08/14
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2014000073208
    	
 
    	
T3S R62W 
   SEC 6: NW (LOTS 3, 4, 5, SENW)
    	
 
    	
157.1200
    	
 
    	
78.5600
    	
 
    	
39.2800
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100146A
    	
 
    	
COBANK, FCB, SUCCESSOR TO US   AGBANK FCB
    	
 
    	
MORNING GUN EXPLORATION, LLC
    	
 
    	
10/08/14
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2014000073208
    	
 
    	
T3S R62W
   SEC 6: SW (LOTS 6, 7, E2SE)
    	
 
    	
156.7800
    	
 
    	
78.3900
    	
 
    	
39.1950
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100147A
    	
 
    	
COBANK, FCB, SUCCESSOR TO US   AGBANK FCB
    	
 
    	
MORNING GUN EXPLORATION, LLC
    	
 
    	
10/08/14
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2014000073208
    	
 
    	
T3S R62W
   SEC 6: SE
    	
 
    	
160.0000
    	
 
    	
80.0000
    	
 
    	
40.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100148A
    	
 
    	
COBANK, FCB, SUCCESSOR TO US   AGBANK FCB
    	
 
    	
MORNING GUN EXPLORATION LLC
    	
 
    	
02/25/15
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2015000016239
    	
 
    	
T3S R62W
   SEC 2: SE
    	
 
    	
160.0000
    	
 
    	
80.0000
    	
 
    	
40.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100149A
    	
 
    	
COBANK, FCB, SUCCESSOR TO US   AGBANK FCB
    	
 
    	
MORNING GUN EXPLORATION LLC
    	
 
    	
02/25/15
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2015000016239
    	
 
    	
T3S R62W
   SEC 8: SW
    	
 
    	
160.0000
    	
 
    	
80.0000
    	
 
    	
40.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100150A
    	
 
    	
COBANK, FCB, SUCCESSOR TO US   AGBANK FCB
    	
 
    	
MORNING GUN EXPLORATION LLC
    	
 
    	
02/25/15
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2015000016239
    	
 
    	
T3S R62W
   SEC 8: NW
    	
 
    	
160.0000
    	
 
    	
80.0000
    	
 
    	
40.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100151A
    	
 
    	
COBANK, FCB, SUCCESSOR TO US   AGBANK FCB
    	
 
    	
MORNING GUN EXPLORATION LLC
    	
 
    	
02/25/15
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2015000016239
    	
 
    	
T3S R62W
   SEC 24: N2SW
    	
 
    	
80.0000
    	
 
    	
40.0000
    	
 
    	
20.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100152A
    	
 
    	
COBANK, FCB, SUCCESSOR TO US   AGBANK FCB
    	
 
    	
MORNING GUN EXPLORATION LLC
    	
 
    	
02/25/15
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2015000016239
    	
 
    	
T3S R62W
   SEC 24: S2NW
    	
 
    	
80.0000
    	
 
    	
40.0000
    	
 
    	
20.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100153A
    	
 
    	
COBANK, FCB, SUCCESSOR TO US   AGBANK FCB
    	
 
    	
MORNING GUN EXPLORATION LLC
    	
 
    	
02/25/15
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2015000016239
    	
 
    	
T3S R62W
   SEC 24: NENW
    	
 
    	
40.0000
    	
 
    	
20.0000
    	
 
    	
10.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100154A
    	
 
    	
COBANK, FCB, SUCCESSOR TO US   AGBANK FCB
    	
 
    	
MORNING GUN EXPLORATION LLC
    	
 
    	
02/25/15
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2015000016239
    	
 
    	
T3S R62W
   SEC 24: NWNE
    	
 
    	
40.0000
    	
 
    	
20.0000
    	
 
    	
10.0000
    	
 
    

 

26

 

	
Lease
    	
 
    	
Lessor Name
    	
 
    	
Lessee Name
    	
 
    	
Eff Date
    	
 
    	
Rec County
    	
 
    	
Book
    	
 
    	
Page
    	
 
    	
Entry
    	
 
    	
Legal Description
    	
 
    	
Gross Acres
    	
 
    	
Net Acres
    	
 
    	
PSC Net Acres
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100165A
    	
 
    	
SAM WAGNER AND IRENE W WAGNER,   HUSBAND AND WIFE
    	
 
    	
PETROSHARE CORP
    	
 
    	
03/14/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
217000031919
    	
 
    	
T1S R65W
    	
 
    	
320.0000
    	
 
    	
80.0000
    	
 
    	
40.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 26: E2
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100166A
    	
 
    	
SAM WAGNER AND IRENE W WAGNER,   HUSBAND AND WIFE
    	
 
    	
PETROSHARE CORP
    	
 
    	
03/14/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000031920
    	
 
    	
T1S R65W
    	
 
    	
320.0000
    	
 
    	
80.0000
    	
 
    	
40.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 10:E2
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100166B
    	
 
    	
CLIFFORD WAGNER
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/11/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000035461
    	
 
    	
T1S R65W
    	
 
    	
320.0000
    	
 
    	
26.6666
    	
 
    	
13.3333
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 10:E2
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100166C
    	
 
    	
JUNE K SULFFRIDGE
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/17/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000037679
    	
 
    	
T1S R65W
    	
 
    	
320.0000
    	
 
    	
32.0000
    	
 
    	
16.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 10:E2
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100166D
    	
 
    	
LIANA M GIFFORD
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/17/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000035463
    	
 
    	
T1S R65W
    	
 
    	
320.0000
    	
 
    	
32.0000
    	
 
    	
16.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 10:E2
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100166E
    	
 
    	
BETTY L BULLARD
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/17/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000035462
    	
 
    	
T1S R65W
    	
 
    	
320.0000
    	
 
    	
32.0000
    	
 
    	
16.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 10:E2
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100166F
    	
 
    	
KENNETH A HARRIS
    	
 
    	
PETROSHARE CORP
    	
 
    	
05/01/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000048264
    	
 
    	
T1S R65W
    	
 
    	
320.0000
    	
 
    	
32.0000
    	
 
    	
16.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 10:E2
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100166G
    	
 
    	
BETH A TRIBELHORN
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/24/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
201700048266
    	
 
    	
T1S R65W
    	
 
    	
320.0000
    	
 
    	
6.4000
    	
 
    	
3.2000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 10:E2
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100166H
    	
 
    	
JOHN S GETTMAN
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/24/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
20017000048262
    	
 
    	
T1S R65W
    	
 
    	
320.0000
    	
 
    	
6.4000
    	
 
    	
3.2000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 10:E2
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100166I
    	
 
    	
BARBARA K SCHILDT
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/24/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
201700048265
    	
 
    	
T1S R65W
    	
 
    	
320.0000
    	
 
    	
6.4000
    	
 
    	
3.2000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 10:E2
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100166J
    	
 
    	
JAMES K GETTMAN
    	
 
    	
PETROSHARE CORP
    	
 
    	
05/08/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000048261
    	
 
    	
T1S R65W
    	
 
    	
320.0000
    	
 
    	
6.4000
    	
 
    	
3.2000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 10:E2
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100166K
    	
 
    	
BONNIE J GROVES
    	
 
    	
PETROSHARE CORP
    	
 
    	
05/08/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000048263
    	
 
    	
T1S R65W
    	
 
    	
320.0000
    	
 
    	
6.4000
    	
 
    	
3.2000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 10:E2
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100167
    	
 
    	
RODGER BAILEY, POA FOR THELMA I   BAILEY
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/10/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000049438
    	
 
    	
T1S R67W
    	
 
    	
2.5000
    	
 
    	
2.5000
    	
 
    	
1.2500
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: SENE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100168A
    	
 
    	
DOUG E WERBACH, A SINGLE MAN
    	
 
    	
PETROSHARE CORP
    	
 
    	
03/23/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000049436
    	
 
    	
T1S R66W
    	
 
    	
3.2090
    	
 
    	
1.6045
    	
 
    	
0.8023
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 20: SE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100168B
    	
 
    	
CYNTHIA B WERBACK, A SINGLE WOMAN
    	
 
    	
PETROSHARE CORP
    	
 
    	
03/23/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000049437
    	
 
    	
T1S R66W
    	
 
    	
3.2090
    	
 
    	
1.6045
    	
 
    	
0.8023
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 20: SE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100169
    	
 
    	
JOSE DE JESUS DE LUNA AND MARTHA   H DE LUNA, AS JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
03/10/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
201700023467
    	
 
    	
T1S R66W
    	
 
    	
4.4559
    	
 
    	
4.4559
    	
 
    	
2.2279
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 17: SESW
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100175
    	
 
    	
JAMES R VAN METER AND JOYCE L VAN   METER, AS JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
02/07/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000029699
    	
 
    	
T1S R67W
    	
 
    	
0.2404
    	
 
    	
0.2404
    	
 
    	
0.1202
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 1, LOT 6 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    

 

27

 

	
Lease
    	
 
    	
Lessor Name
    	
 
    	
Lessee Name
    	
 
    	
Eff Date
    	
 
    	
Rec County
    	
 
    	
Book
    	
 
    	
Page
    	
 
    	
Entry
    	
 
    	
Legal Description
    	
 
    	
Gross Acres
    	
 
    	
Net Acres
    	
 
    	
PSC Net Acres
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100176
    	
 
    	
JANET E WEAR, A TENANT IN   SEVERALTY
    	
 
    	
PETROSHARE CORP
    	
 
    	
02/07/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000029701
    	
 
    	
T1S R67W
    	
 
    	
0.3076
    	
 
    	
0.3076
    	
 
    	
0.1538
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 3, LOT 24 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100177
    	
 
    	
MARY M FILSINGER, A TENANT IN   SEVERALTY
    	
 
    	
PETROSHARE CORP
    	
 
    	
02/15/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000029690
    	
 
    	
T1S R67W
    	
 
    	
0.3013
    	
 
    	
0.3013
    	
 
    	
0.1507
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 2, LOT 9A OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #2, AMENDMENT #1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100178
    	
 
    	
ROBERT C HADDEN AND LINDA C   HADDEN, AS JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
02/07/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000030296
    	
 
    	
T1S R67W
    	
 
    	
0.1970
    	
 
    	
0.1970
    	
 
    	
0.0985
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 4, LOT 5 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100179
    	
 
    	
ARIC SANCHEZ
    	
 
    	
PETROSHARE CORP
    	
 
    	
02/07/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000029697
    	
 
    	
T1S R67W
    	
 
    	
0.3091
    	
 
    	
0.3091
    	
 
    	
0.1545
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 3, LOT 20 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100180
    	
 
    	
RONALD LEE PEARMAN II AND   DANIELLE PEARMAN
    	
 
    	
PETROSHARE CORP
    	
 
    	
02/07/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000029695
    	
 
    	
T1S R67W
    	
 
    	
0.1722
    	
 
    	
0.1722
    	
 
    	
0.0861
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 6, LOT 3 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100181
    	
 
    	
GUADALUPE BAUTISTA AND CELIA   BAUTISTA, AS JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
02/07/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000029687
    	
 
    	
T1S R67W
    	
 
    	
0.2911
    	
 
    	
0.2911
    	
 
    	
0.1456
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 1, LOT 20 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100182
    	
 
    	
CRAIG S MAURER AND MICHELLE A   MILLIGAN, AS JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
02/15/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000029692
    	
 
    	
T1S R67W
    	
 
    	
0.2108
    	
 
    	
0.2108
    	
 
    	
0.1054
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 2, LOT 7A OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #2, AMENDMENT #1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100183
    	
 
    	
ROBERT WALKER ADN ASAKO TSUTSUI,   AS JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
02/15/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000037680
    	
 
    	
T1S R67W
    	
 
    	
0.1721
    	
 
    	
0.1721
    	
 
    	
0.0861
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 5, LOT 19 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #2
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100184
    	
 
    	
RICHARD P PHILLIPS
    	
 
    	
PETROSHARE CORP
    	
 
    	
02/07/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000029696
    	
 
    	
T1S R67W
    	
 
    	
0.1721
    	
 
    	
0.1721
    	
 
    	
0.0861
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 6, LOT 5 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100186
    	
 
    	
KATIE RAMIREZ, A TENANT IN   SEVERALTY
    	
 
    	
PETROSHARE CORP
    	
 
    	
02/07/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000030301
    	
 
    	
T1S R67W
    	
 
    	
0.1928
    	
 
    	
0.1928
    	
 
    	
0.0964
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 3, LOT 38 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100187
    	
 
    	
LANTZIA C THAO AND OMEE THAO
    	
 
    	
PETROSHARE CORP
    	
 
    	
02/07/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000029698
    	
 
    	
T1S R67W
    	
 
    	
0.2726
    	
 
    	
0.2726
    	
 
    	
0.1363
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 6, LOT 15 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100188
    	
 
    	
LAURA L BINGAMAN
    	
 
    	
PETROSHARE CORP
    	
 
    	
02/15/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000029688
    	
 
    	
T1S R67W
    	
 
    	
0.1722
    	
 
    	
0.1722
    	
 
    	
0.0861
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 5, LOT 21 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #2
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100189
    	
 
    	
PATRICIA NIEHOFF AND JAMES   NIEHOFF, AS JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
02/07/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000029694
    	
 
    	
T1S R67W
    	
 
    	
0.3083
    	
 
    	
0.3083
    	
 
    	
0.1542
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 1, LOT 17 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    

 

28

 

	
Lease
    	
 
    	
Lessor Name
    	
 
    	
Lessee Name
    	
 
    	
Eff Date
    	
 
    	
Rec County
    	
 
    	
Book
    	
 
    	
Page
    	
 
    	
Entry
    	
 
    	
Legal Description
    	
 
    	
Gross Acres
    	
 
    	
Net Acres
    	
 
    	
PSC Net Acres
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100190
    	
 
    	
RIEM SON AND SANA T THACH, AS   JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
02/07/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000030302
    	
 
    	
T1S R67W
    	
 
    	
0.3199
    	
 
    	
0.3199
    	
 
    	
0.1600
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 5, LOT 1 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100191
    	
 
    	
ALEXANDER WELLS AND DAWN WELLS,   AS JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
02/07/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000029702
    	
 
    	
T1S R67W
    	
 
    	
0.1722
    	
 
    	
0.1722
    	
 
    	
0.0861
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 5, LOT 14 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100192
    	
 
    	
AMY NAFTOLIN AND DAN WESTER, AS   JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
02/15/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000029693
    	
 
    	
T1S R67W
    	
 
    	
0.2080
    	
 
    	
0.2080
    	
 
    	
0.1040
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 3, LOT 3A OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #2, AMENDMENT #1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100193
    	
 
    	
DARRELL DOBSON AND KIMBERLY K   DOBSON AS JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
02/15/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000029689
    	
 
    	
T1S R67W
    	
 
    	
0.3022
    	
 
    	
0.3022
    	
 
    	
0.1511
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 2, LOT 4 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #2
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100194
    	
 
    	
ROBERT O KIRKLAND AND CHERYL A   KIRKLAND AS JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
02/07/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000030298
    	
 
    	
T1S R67W
    	
 
    	
0.2385
    	
 
    	
0.2385
    	
 
    	
0.1192
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 1, LOT 18 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100195
    	
 
    	
TROY J BUSTAMANTE
    	
 
    	
PETROSHARE CORP
    	
 
    	
02/15/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000030294
    	
 
    	
T1S R67W
    	
 
    	
0.2049
    	
 
    	
0.2049
    	
 
    	
0.1024
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 5, LOT 38 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #2
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100196
    	
 
    	
BLAINE L FANNING
    	
 
    	
PETROSHARE CORP
    	
 
    	
02/15/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000030295
    	
 
    	
T1S R67W
    	
 
    	
0.1722
    	
 
    	
0.1722
    	
 
    	
0.0861
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 5, LOT 5 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #2
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100197
    	
 
    	
DAVID M HENDRICKS AND AMY B   HENDRICKS AS JOINT TENANT
    	
 
    	
PETROSHARE CORP
    	
 
    	
02/15/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000030297
    	
 
    	
T1S R67W
    	
 
    	
0.1890
    	
 
    	
0.1890
    	
 
    	
0.0945
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 5, LOT 7 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #2
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100198
    	
 
    	
MICHAEL J LAGE AND BUFFI K LAGE,   AS JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
02/15/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000041897
    	
 
    	
T1S R67W
    	
 
    	
0.2106
    	
 
    	
0.2106
    	
 
    	
0.1053
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 2, LOT 3A OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #2, AMENDMENT #1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100199
    	
 
    	
CHARLES B HODGES AND MOLLY M   HODGES, AS JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
02/15/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000068989
    	
 
    	
T1S R67W
    	
 
    	
0.1903
    	
 
    	
0.1903
    	
 
    	
0.0951
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 5, LOT 6 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #2
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100200
    	
 
    	
NOAH A SHEPARD AND ABBY M   SHEPARD, AS JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
02/07/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000037678
    	
 
    	
T1S R67W
    	
 
    	
0.2726
    	
 
    	
0.2726
    	
 
    	
0.1363
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 5, LOT 16 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100201
    	
 
    	
HESTER FAMILY TRUST
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/13/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000041895
    	
 
    	
T1S R67W
    	
 
    	
0.3517
    	
 
    	
0.3517
    	
 
    	
0.1759
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 2, LOT 5 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100202
    	
 
    	
ADAM BROOKHART AND ROBIN   BROOKHART, AS JOINT
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/19/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000035432
    	
 
    	
T1S R67W
    	
 
    	
0.2001
    	
 
    	
0.2001
    	
 
    	
0.1001
    	
 
    

 

29

 

	
Lease
    	
 
    	
Lessor Name
    	
 
    	
Lessee Name
    	
 
    	
Eff Date
    	
 
    	
Rec County
    	
 
    	
Book
    	
 
    	
Page
    	
 
    	
Entry
    	
 
    	
Legal Description
    	
 
    	
Gross Acres
    	
 
    	
Net Acres
    	
 
    	
PSC Net Acres
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
TENANTS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 4, LOT 4 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100203
    	
 
    	
AMANDA VAN BLARICOM
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/19/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000035433
    	
 
    	
T1S R67W
    	
 
    	
0.3883
    	
 
    	
0.3883
    	
 
    	
0.1941
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 1, LOT 6 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #2
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100204
    	
 
    	
ANDREW J PALMGREN, A TENANT IN   SEVERALTY
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/19/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000035434
    	
 
    	
T1S R67W
    	
 
    	
0.1722
    	
 
    	
0.1722
    	
 
    	
0.0861
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 6, LOT 4 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100205
    	
 
    	
BENJAMIN M YOST AND JENNIFER A   YOST, AS JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/19/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000035435
    	
 
    	
T1S R67W
    	
 
    	
0.3281
    	
 
    	
0.3281
    	
 
    	
0.1641
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 9, LOT 10 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #2
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100206
    	
 
    	
BRENT W BOWERS AND ELLEN G   BOWERS, AS JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/19/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000035436
    	
 
    	
T1S R67W
    	
 
    	
0.2089
    	
 
    	
0.2089
    	
 
    	
0.1045
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 2, LOT 12A OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #3, AMENDMENT #1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100207
    	
 
    	
CONNIE S EBERLE
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/19/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000035437
    	
 
    	
T1S R67W
    	
 
    	
0.2970
    	
 
    	
0.2970
    	
 
    	
0.1485
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 5, LOT 37 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #2
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100208
    	
 
    	
CURT E FENDERSON JR AND FAYE L   FENDERSON, AS JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/19/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000035438
    	
 
    	
T1S R67W
    	
 
    	
0.1997
    	
 
    	
0.1997
    	
 
    	
0.0998
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 7, LOT 11 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #2
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100209
    	
 
    	
DANIELLE MORALES AND NICHOLAS P   MORALES, AS JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/19/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000035439
    	
 
    	
T1S R67W
    	
 
    	
0.2109
    	
 
    	
0.2109
    	
 
    	
0.1055
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 2, LOT 8A OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #2, AMENDMENT #1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100210
    	
 
    	
DARIN K HELGESON AND NICHELE A   HELGESON, AS JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/19/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000035440
    	
 
    	
T1S R67W
    	
 
    	
0.1794
    	
 
    	
0.1794
    	
 
    	
0.0897
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 6, LOT 3 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #3
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100211
    	
 
    	
DARREN SHANK AND CRYSTAL K SHANK,   AS JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/19/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000035441
    	
 
    	
T1S R67W
    	
 
    	
0.1945
    	
 
    	
0.1945
    	
 
    	
0.0973
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 4, LOT 3 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100212
    	
 
    	
DARRIN J KUNSELMAN AND JILL M   KUNSELMAN, AS JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/19/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000035442
    	
 
    	
T1S R67W
    	
 
    	
0.2727
    	
 
    	
0.2727
    	
 
    	
0.1363
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 5, LOT 24 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #2
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100213
    	
 
    	
DARYL L FLANAGAN AND LINDSAY M   FLANAGAN, AS JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/19/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000035443
    	
 
    	
T1S R67W
    	
 
    	
0.3129
    	
 
    	
0.3129
    	
 
    	
0.1565
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 5, LOT 36 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #2
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100214
    	
 
    	
DENISE SWIEKATUN
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/19/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000035444
    	
 
    	
T1S R67W
    	
 
    	
0.2097
    	
 
    	
0.2097
    	
 
    	
0.1048
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 9, LOT 2 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #3
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    

 

30

 

	
Lease
    	
 
    	
Lessor Name
    	
 
    	
Lessee Name
    	
 
    	
Eff Date
    	
 
    	
Rec County
    	
 
    	
Book
    	
 
    	
Page
    	
 
    	
Entry
    	
 
    	
Legal Description
    	
 
    	
Gross Acres
    	
 
    	
Net Acres
    	
 
    	
PSC Net Acres
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100215
    	
 
    	
DOMENICK   MIHAICH AND BRENDA C PRENTUP
    	
 
    	
PETROSHARE   CORP
    	
 
    	
04/19/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000035445
    	
 
    	
T1S R67W
    	
 
    	
0.3610
    	
 
    	
0.3610
    	
 
    	
0.1805
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28:   BLOCK 11, LOT 2 OF THE VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE   FILING #3
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100216
    	
 
    	
DONALD   CLIFFORD AND DARLENE CLIFFORD, AS A JOINT TENANT
    	
 
    	
PETROSHARE   CORP
    	
 
    	
04/19/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000035446
    	
 
    	
T1S R67W
    	
 
    	
0.1791
    	
 
    	
0.1791
    	
 
    	
0.0896
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28:   BLOCK 3, LOT 5 OF THE VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE   FILING #2
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100217
    	
 
    	
DOUGLAS   STINTON
    	
 
    	
PETROSHARE   CORP
    	
 
    	
04/19/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000035447
    	
 
    	
T1S R67W
    	
 
    	
0.2410
    	
 
    	
0.2410
    	
 
    	
0.1205
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28:   BLOCK 1, LOT 2A OF THE VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE   FILING #3, AMENDMENT #1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100218
    	
 
    	
ERIK L   COX AND TAHLEA COX, AS JOINT TENANTS
    	
 
    	
PETROSHARE   CORP
    	
 
    	
04/19/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000035448
    	
 
    	
T1S R67W
    	
 
    	
0.2901
    	
 
    	
0.2901
    	
 
    	
0.1451
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28:   BLOCK 9, LOT 11 OF THE VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE   FILING #2
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100219
    	
 
    	
GEORGE N   MEDINA
    	
 
    	
PETROSHARE   CORP
    	
 
    	
04/19/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000035449
    	
 
    	
T1S R67W
    	
 
    	
0.1726
    	
 
    	
0.1726
    	
 
    	
0.0863
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28:   BLOCK 3, LOT 3 OF THE VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE   FILING #1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100220
    	
 
    	
HOPE K   ANDERSON
    	
 
    	
PETROSHARE   CORP
    	
 
    	
04/19/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000035450
    	
 
    	
T1S R67W
    	
 
    	
0.2726
    	
 
    	
0.2726
    	
 
    	
0.1363
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28:   BLOCK 7, LOT 9 OF THE VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE   FILING #1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100221
    	
 
    	
HOUA LOR   AND CHAI VANG, AS JOINT TENANTS
    	
 
    	
PETROSHARE   CORP
    	
 
    	
04/19/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000035451
    	
 
    	
T1S R67W
    	
 
    	
0.3130
    	
 
    	
0.3130
    	
 
    	
0.1565
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28:   BLOCK 3, LOT 31 OF THE VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE   FILING #1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100222
    	
 
    	
JAMISON P   MARTIN AND COURTNEY A MARTIN, AS JOINT TENANTS
    	
 
    	
PETROSHARE   CORP
    	
 
    	
04/19/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000035452
    	
 
    	
T1S R67W
    	
 
    	
0.1722
    	
 
    	
0.1722
    	
 
    	
0.0861
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28:   BLOCK 6, LOT 6 OF THE VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE   FILING #1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100223
    	
 
    	
JARRED M   RATZLAFF AND SARA E RATZLAFF
    	
 
    	
PETROSHARE   CORP
    	
 
    	
04/19/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000035453
    	
 
    	
T1S R67W
    	
 
    	
0.1722
    	
 
    	
0.1722
    	
 
    	
0.0861
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28:   BLOCK 5, LOT 22 OF THE VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE   FILING #2
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100224
    	
 
    	
JEFFREY   DOLPH AND HEATHER A DOLPH, AS JOINT TENANTS
    	
 
    	
PETROSHARE   CORP
    	
 
    	
04/19/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000035454
    	
 
    	
T1S R67W
    	
 
    	
0.2708
    	
 
    	
0.2708
    	
 
    	
0.1354
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28:   BLOCK 9, LOT 8 OF THE VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE   FILING #2
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100225
    	
 
    	
JENNIFER   D TIERNEY
    	
 
    	
PETROSHARE   CORP
    	
 
    	
04/19/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000035455
    	
 
    	
T1S R67W
    	
 
    	
0.1860
    	
 
    	
0.1860
    	
 
    	
0.0930
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28:   BLOCK 5, LOT 2 OF THE VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE   FILING #3
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100226
    	
 
    	
JOHN M   OLIVER II AND MARY F OLIVER, AS JOINT TENANTS
    	
 
    	
PETROSHARE   CORP
    	
 
    	
04/19/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000035456
    	
 
    	
T1S R67W
    	
 
    	
0.2224
    	
 
    	
0.2224
    	
 
    	
0.1112
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28:   BLOCK 3, LOT 5A OF THE VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE   FILING #2, AMENDMENT #1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100227
    	
 
    	
JOSEPH R   HOUSWORTH AND EMILY A HOUSWORTH, AS JOINT TENANTS
    	
 
    	
PETROSHARE   CORP
    	
 
    	
04/19/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000035457
    	
 
    	
T1S R67W
    	
 
    	
0.3348
    	
 
    	
0.3348
    	
 
    	
0.1674
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28:   BLOCK 5, LOT 9 OF THE VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE   FILING #3
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    

 

31

 

	
Lease
    	
 
    	
Lessor Name
    	
 
    	
Lessee Name
    	
 
    	
Eff Date
    	
 
    	
Rec County
    	
 
    	
Book
    	
 
    	
Page
    	
 
    	
Entry
    	
 
    	
Legal Description
    	
 
    	
Gross Acres
    	
 
    	
Net Acres
    	
 
    	
PSC Net Acres
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100228
    	
 
    	
JOYCE M ORR, A TENANT IN   SEVERALTY
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/19/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000035458
    	
 
    	
T1S R67W
    	
 
    	
0.2080
    	
 
    	
0.2080
    	
 
    	
0.1040
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 3, LOT 7 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100229
    	
 
    	
JUSTIN PYLES
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/19/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000035459
    	
 
    	
T1S R67W
    	
 
    	
0.2410
    	
 
    	
0.2410
    	
 
    	
0.1205
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 1, LOT 5A OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #3, AMENDMENT #1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100230
    	
 
    	
KEVIN SCHROEDER AND JULIE M   SCHROEDER, AS JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/19/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000035404
    	
 
    	
T1S R67W
    	
 
    	
0.1912
    	
 
    	
0.1912
    	
 
    	
0.0956
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 3, LOT 3 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #2
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100231
    	
 
    	
KIRSTEN J ANDERSON, A TENANT IN   SEVERALTY
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/19/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000035405
    	
 
    	
T1S R67W
    	
 
    	
0.1722
    	
 
    	
0.1722
    	
 
    	
0.0861
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 4, LOT 18 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100232
    	
 
    	
KRISTINE L ROPER
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/19/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000035406
    	
 
    	
T1S R67W
    	
 
    	
0.1865
    	
 
    	
0.1865
    	
 
    	
0.0932
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 5, LOT 18 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100233
    	
 
    	
LARRY D DURAN AND RENEE Y DURAN,   AS JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/19/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000035407
    	
 
    	
T1S R67W
    	
 
    	
0.2089
    	
 
    	
0.2089
    	
 
    	
0.1045
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 6, LOT 8 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #3
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100234
    	
 
    	
LESLIE A THORN, A TENANT IN   SEVERALTY
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/19/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000035408
    	
 
    	
T1S R67W
    	
 
    	
0.1722
    	
 
    	
0.1722
    	
 
    	
0.0861
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 5, LOT 5 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100235
    	
 
    	
MANUEL J URDIALES
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/19/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000035409
    	
 
    	
T1S R67W
    	
 
    	
0.1753
    	
 
    	
0.1753
    	
 
    	
0.0877
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 4, LOT 27 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100236
    	
 
    	
MARK J ZEBROWSKI AND KENDRA L   FRIESEN
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/19/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000035410
    	
 
    	
T1S R67W
    	
 
    	
0.2906
    	
 
    	
0.2906
    	
 
    	
0.1453
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 2, LOT 35 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #2
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100237
    	
 
    	
MAROYA FAIED AND JAHED NABIYAR,   AS JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/19/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000035411
    	
 
    	
T1S R67W
    	
 
    	
0.2107
    	
 
    	
0.2107
    	
 
    	
0.1053
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 2, LOT 4A OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #2, AMENDMENT #1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100238
    	
 
    	
MICHAEL ANTHONY BOCHERT AND   DARLENE J BOCHERT, AS JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/19/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000035412
    	
 
    	
T1S R67W
    	
 
    	
0.2226
    	
 
    	
0.2226
    	
 
    	
0.1113
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 3, LOT 8 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100239
    	
 
    	
MICHAEL E PLANSKER AND RACHAEL L   MONK, AS JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/19/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000035413
    	
 
    	
T1S R67W
    	
 
    	
0.1826
    	
 
    	
0.1826
    	
 
    	
0.0913
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 6, LOT 22 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100240
    	
 
    	
MICHELE M NORDAHL
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/19/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000035414
    	
 
    	
T1S R67W
    	
 
    	
0.1832
    	
 
    	
0.1832
    	
 
    	
0.0916
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 4, LOT 22 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    

 

32

 

	
Lease
    	
 
    	
Lessor Name
    	
 
    	
Lessee Name
    	
 
    	
Eff Date
    	
 
    	
Rec County
    	
 
    	
Book
    	
 
    	
Page
    	
 
    	
Entry
    	
 
    	
Legal Description
    	
 
    	
Gross Acres
    	
 
    	
Net Acres
    	
 
    	
PSC Net Acres
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100241
    	
 
    	
NATHAN T DOUGHERTY AND DARCI M   DOUGHERTY, AS JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/19/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000035415
    	
 
    	
T1S R67W
    	
 
    	
0.2448
    	
 
    	
0.2448
    	
 
    	
0.1224
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 10, LOT 10 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #3
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100242
    	
 
    	
NICOLE M SHAVER AND BRANDON J   SHAVER, AS JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/19/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000035416
    	
 
    	
T1S R67W
    	
 
    	
0.1722
    	
 
    	
0.1722
    	
 
    	
0.0861
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 5, LOT 12 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #2
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100243
    	
 
    	
OKE IVAR JOHNSON III AND   ELIZABETH ASYA JOHNSON, AS JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/19/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000035417
    	
 
    	
T1S R67W
    	
 
    	
0.1793
    	
 
    	
0.1793
    	
 
    	
0.0896
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 6, LOT 6 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #3
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100244
    	
 
    	
PATRICK O BREWER AND KATHI G   BREWER, AS JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/19/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000035418
    	
 
    	
T1S R67W
    	
 
    	
0.1933
    	
 
    	
0.1933
    	
 
    	
0.0966
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 4, LOT 21 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100245
    	
 
    	
RICHARD J KRAMER AND CHRISTINE A   KRAMER, AS JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/19/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000035419
    	
 
    	
T1S R67W
    	
 
    	
0.1722
    	
 
    	
0.1722
    	
 
    	
0.0861
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 5, LOT 40 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #2
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100246
    	
 
    	
RICHARD P KEIL AND LINDA M KEIL,   AS JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/19/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000035420
    	
 
    	
T1S R67W
    	
 
    	
0.1722
    	
 
    	
0.1722
    	
 
    	
0.0861
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 4, LOT 25 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100247
    	
 
    	
ROGER J ANDERSON, A TENANT IN   SEVERALTY
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/19/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000035421
    	
 
    	
T1S R67W
    	
 
    	
0.1722
    	
 
    	
0.1722
    	
 
    	
0.0861
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 4, LOT 24 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100248
    	
 
    	
RYAN L PASKO, A TENANT IN   SEVERALTY
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/19/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000035422
    	
 
    	
T1S R67W
    	
 
    	
0.2149
    	
 
    	
0.2149
    	
 
    	
0.1075
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 2, LOT 6A OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #3, AMENDMENT #1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100249
    	
 
    	
RYAN W FUNCHION AND HANNAH L   FUNCHION, AS JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/19/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000035423
    	
 
    	
T1S R67W
    	
 
    	
0.2344
    	
 
    	
0.2344
    	
 
    	
0.1172
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 2, LOT 1 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #2
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100250
    	
 
    	
SARAH J RODRIGUEZ AND CHRISTOPHER   J RODRIGUEZ, AS JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/19/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000035424
    	
 
    	
T1S R67W
    	
 
    	
0.1722
    	
 
    	
0.1722
    	
 
    	
0.0861
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 4, LOT 26 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100251
    	
 
    	
SEAN THOMAS CASSADY AND TAMARA   CASSADY
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/19/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000035425
    	
 
    	
T1S R67W
    	
 
    	
0.3645
    	
 
    	
0.3645
    	
 
    	
0.1822
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 3, LOT 19 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100252
    	
 
    	
SUE ANN CRUTCHFIELD
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/19/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000035426
    	
 
    	
T1S R67W
    	
 
    	
0.1722
    	
 
    	
0.1722
    	
 
    	
0.0861
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 5, LOT 41 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #2
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100253
    	
 
    	
SUSAN PREISENDORF
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/19/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000035427
    	
 
    	
T1S R67W
    	
 
    	
0.1722
    	
 
    	
0.1722
    	
 
    	
0.0861
    	
 
    

 

33

 

	
Lease
    	
 
    	
Lessor Name
    	
 
    	
Lessee Name
    	
 
    	
Eff Date
    	
 
    	
Rec County
    	
 
    	
Book
    	
 
    	
Page
    	
 
    	
Entry
    	
 
    	
Legal Description
    	
 
    	
Gross Acres
    	
 
    	
Net Acres
    	
 
    	
PSC Net Acres
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 6, LOT 23 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100254
    	
 
    	
TAB LYNN DAVIS JR AND MEGAN E   DAVIS, AS JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/19/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000035428
    	
 
    	
T1S R67W
    	
 
    	
0.3869
    	
 
    	
0.3869
    	
 
    	
0.1935
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 9, LOT 1 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #2
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100255
    	
 
    	
TAMARA L DAVIS AND KEVIN S DAVIS,   AS JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/19/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000035429
    	
 
    	
T1S R67W
    	
 
    	
0.1722
    	
 
    	
0.1722
    	
 
    	
0.0861
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 6, LOT 12 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100256
    	
 
    	
THE JOHN ERIC KRAMER AND REBECCA   LYNN KRAMER JOINT LIVING TRUST, DATED 10/15/12
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/19/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000035430
    	
 
    	
T1S R67W
    	
 
    	
0.1792
    	
 
    	
0.1792
    	
 
    	
0.0896
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 6, LOT 7 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #3
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100257
    	
 
    	
THE VILLAGES AT RIVERDALE   HOMEOWNERS ASSOCIATION, INC., AKA VILLAGES AT RIVERDALE HOMEOWNERS   ASSOCIATION
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/19/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000035460
    	
 
    	
T1S R67W
    	
 
    	
36.3344
    	
 
    	
36.3344
    	
 
    	
18.1672
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: THE VILLAGES AT RIVERDALE   FILING #1,
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
TRACTS A, B, C, D, E, F, K, L, M,   N
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
THE VILLAGES AT RIVERDALE FILING   #2,
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
TRACTS B, C, D, E, F, G, H, J, K,   L, M, N
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100258
    	
 
    	
TIMOTHY P HEWITT
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/19/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000035431
    	
 
    	
T1S R67W
    	
 
    	
0.2970
    	
 
    	
0.2970
    	
 
    	
0.1485
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 9, LOT 7 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #2
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100259
    	
 
    	
CHRISTOPHER E DIEDA AND VERONICA   DIEDA, AS JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/13/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000041891
    	
 
    	
T1S R67W
    	
 
    	
0.1723
    	
 
    	
0.1723
    	
 
    	
0.0862
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 9, LOT 14 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #2
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100260
    	
 
    	
KEITH LUGO AND TAMARA ANN LUGO,   AS JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/13/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000041898
    	
 
    	
T1S R67W
    	
 
    	
0.2769
    	
 
    	
0.2769
    	
 
    	
0.1384
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 5, LOT 29 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100261
    	
 
    	
JEFFREY A MEISTER AND TERRA M   MEISTER, AS JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
02/07/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000041899
    	
 
    	
T1S R67W
    	
 
    	
0.1722
    	
 
    	
0.1722
    	
 
    	
0.0861
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 5, LOT 4 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100262
    	
 
    	
CHRISTOPHER A HEPBURN
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/13/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000041894
    	
 
    	
T1S R67W
    	
 
    	
0.1793
    	
 
    	
0.1793
    	
 
    	
0.0896
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 6, LOT 4 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #3
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100263
    	
 
    	
NICOLE CONNER F/K/A NICOLE R   STAFF AND JUSTIN T CONNER, AS JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
02/15/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000041890
    	
 
    	
T1S R67W
    	
 
    	
0.1903
    	
 
    	
0.1903
    	
 
    	
0.0951
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 2, LOT 7 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #2
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100264
    	
 
    	
GARRY M UPTON AND DIANA T UPTON,   AS JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/28/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000041901
    	
 
    	
T1S R67W
    	
 
    	
0.1975
    	
 
    	
0.1975
    	
 
    	
0.0988
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 10, LOT 7 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #3
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100265
    	
 
    	
JASON A KNIGHT AND MICHELLE R   KNIGHT AS JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/28/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000041896
    	
 
    	
T1S R67W
    	
 
    	
0.3311
    	
 
    	
0.3311
    	
 
    	
0.1656
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 3, LOT 1A OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    

 

34

 

	
Lease
    	
 
    	
Lessor Name
    	
 
    	
Lessee Name
    	
 
    	
Eff Date
    	
 
    	
Rec County
    	
 
    	
Book
    	
 
    	
Page
    	
 
    	
Entry
    	
 
    	
Legal Description
    	
 
    	
Gross Acres
    	
 
    	
Net Acres
    	
 
    	
PSC Net Acres
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #2, AMENDMENT #1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100266
    	
 
    	
CASEY J NELSON
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/28/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000041900
    	
 
    	
T1S R67W
    	
 
    	
0.3020
    	
 
    	
0.3020
    	
 
    	
0.1510
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 4, LOT 1 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100267
    	
 
    	
ROBERT E WINDHOLZ AND CONNIE

D WINDHOLZ, AS 
   JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/28/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000041902
    	
 
    	
T1S R67W
    	
 
    	
0.1722
    	
 
    	
0.1722
    	
 
    	
0.0861
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 5, LOT 16 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #2
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100268
    	
 
    	
JOHN ALKHATIB AND JACLYN 
   ALKHATIB, AS JOINT 
   TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/28/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000041889
    	
 
    	
T1S R67W
    	
 
    	
0.1791
    	
 
    	
0.1791
    	
 
    	
0.0896
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 3, LOT 8 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #2
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100269
    	
 
    	
NICHOLAS ALDEN HOFFMAN AND ALYSSA   KAY HOFFMAN F/K/A ALYSSA KAY GOODSON, AS JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/28/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000055718
    	
 
    	
T1S R67W
    	
 
    	
0.1722
    	
 
    	
0.1722
    	
 
    	
0.0861
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 5, LOT 14 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #2
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100270
    	
 
    	
RICHARD EDDIE PHILLIPS AND   BRITTANY MICHELLE PHILLIPS, AS JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/28/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000053196
    	
 
    	
T1S R67W
    	
 
    	
0.1819
    	
 
    	
0.1819
    	
 
    	
0.0910
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 6, LOT 20 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100271
    	
 
    	
JENNIFER E GARRUS AND MICHAEL A   ELLISON, AS JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/28/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000041892
    	
 
    	
T1S R67W
    	
 
    	
0.4257
    	
 
    	
0.4257
    	
 
    	
0.2129
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 2, LOT 34 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #2
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100272
    	
 
    	
PAUL L HEBINCK AND LISA K HEBINCK
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/28/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000041893
    	
 
    	
T1S R67W
    	
 
    	
0.3260
    	
 
    	
0.3260
    	
 
    	
0.1630
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 7, LOT 10 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #2
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100273
    	
 
    	
JACOB G PERROTTO AND BRITTANY L   PERROTTO, AS JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/28/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000055713
    	
 
    	
T1S R67W
    	
 
    	
0.3294
    	
 
    	
0.3294
    	
 
    	
0.1647
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 2, LOT 2 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #2
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100274
    	
 
    	
GALINA POPOVA
    	
 
    	
PETROSHARE CORP
    	
 
    	
05/02/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000053195
    	
 
    	
T1S R67W
    	
 
    	
0.1794
    	
 
    	
0.1794
    	
 
    	
0.0897
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 6, LOT 2 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #3
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100275
    	
 
    	
THE SHARON K ALBERS TRUST
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/28/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000053199
    	
 
    	
T1S R67W
    	
 
    	
0.1727
    	
 
    	
0.1727
    	
 
    	
0.0863
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 3, LOT 2 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100276
    	
 
    	
ALICIA L HELGESON AND MICHAEL J   HELGESON, AS JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/28/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000053194
    	
 
    	
T1S R67W
    	
 
    	
0.2109
    	
 
    	
0.2109
    	
 
    	
0.1055
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 1, LOT 16A OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #3, AMENDMENT #1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100277
    	
 
    	
SARA A GREEN, A TENANT IN   SEVERALTY
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/28/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000053197
    	
 
    	
T1S R67W
    	
 
    	
0.3717
    	
 
    	
0.3717
    	
 
    	
0.1858
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 1, LOT 15 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100278
    	
 
    	
XAYSAKANH SAYCOCIE AND SHERYL   SAYCOCIE
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/19/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000053200
    	
 
    	
T1S R67W
    	
 
    	
0.2441
    	
 
    	
0.2441
    	
 
    	
0.1221
    	
 
    

 

35

 

	
Lease
    	
 
    	
Lessor Name
    	
 
    	
Lessee Name
    	
 
    	
Eff Date
    	
 
    	
Rec County
    	
 
    	
Book
    	
 
    	
Page
    	
 
    	
Entry
    	
 
    	
Legal Description
    	
 
    	
Gross Acres
    	
 
    	
Net Acres
    	
 
    	
PSC Net Acres
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 3, LOT 2 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #2
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100279
    	
 
    	
SHELLEY RAGLAND, A TENANT IN   SEVERALTY
    	
 
    	
PETROSHARE CORP
    	
 
    	
05/22/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000053198
    	
 
    	
T1S R67W
    	
 
    	
0.3460
    	
 
    	
0.3460
    	
 
    	
0.1730
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 1, LOT 13 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100280
    	
 
    	
ADAM L NORMAN
    	
 
    	
PETROSHARE CORP
    	
 
    	
05/10/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000055710
    	
 
    	
T1S R67W
    	
 
    	
0.1992
    	
 
    	
0.1992
    	
 
    	
0.0996
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 1, LOT 3 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #2
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100281
    	
 
    	
ROBERT J COLEMAN AND ASHLEY D   COLEMAN, AS JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/28/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000055720
    	
 
    	
T1S R67W
    	
 
    	
0.1722
    	
 
    	
0.1722
    	
 
    	
0.0861
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 6, LOT 25 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100282
    	
 
    	
MICHAEL R ENGLISH AND SHELLEY   ADEL ENGLISH, AS JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
05/02/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000055717
    	
 
    	
T1S R67W
    	
 
    	
0.2082
    	
 
    	
0.2082
    	
 
    	
0.1041
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 5, LOT 16 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #3
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100283
    	
 
    	
JAMES J WITT AND LYNNE F WITT AS   JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
05/30/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000055714
    	
 
    	
T1S R67W
    	
 
    	
0.1791
    	
 
    	
0.1791
    	
 
    	
0.0896
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 10, LOT 8 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #3
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100284
    	
 
    	
HEATHER M LONG
    	
 
    	
PETROSHARE CORP
    	
 
    	
05/30/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000055712
    	
 
    	
T1S R67W
    	
 
    	
0.2283
    	
 
    	
0.2283
    	
 
    	
0.1142
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 3, LOT 9 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #2
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100285
    	
 
    	
RODNEY A EVANS, A TENANT IN   SEVERALTY
    	
 
    	
PETROSHARE CORP
    	
 
    	
05/30/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000055721
    	
 
    	
T1S R67W
    	
 
    	
0.1722
    	
 
    	
0.1722
    	
 
    	
0.0861
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 5, LOT 11 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100286
    	
 
    	
KENNETH WILLIAMS AND KAREN   WILLIAMS, AS JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
05/30/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000055716
    	
 
    	
T1S R67W
    	
 
    	
0.1722
    	
 
    	
0.1722
    	
 
    	
0.0861
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 1, LOT 26 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100287
    	
 
    	
WARLENE ALVAREZ
    	
 
    	
PETROSHARE CORP
    	
 
    	
05/30/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000055722
    	
 
    	
T1S R67W
    	
 
    	
0.2004
    	
 
    	
0.2004
    	
 
    	
0.1002
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 10, LOT 6 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #3
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100288
    	
 
    	
DWIGHT L FORTSON AND GAIL S   FORTSON, AS JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
05/02/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000055711
    	
 
    	
T1S R67W
    	
 
    	
0.1860
    	
 
    	
0.1860
    	
 
    	
0.0930
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 5, LOT 5 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #3
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100289
    	
 
    	
KEITH MCNAIL AND KATHRYN M   MCNAIL, AS JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
05/02/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000055715
    	
 
    	
T1S R67W
    	
 
    	
0.2245
    	
 
    	
0.2245
    	
 
    	
0.1123
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 10, LOT 11 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #3
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100290
    	
 
    	
JOHN P HOGG AND PAULA M HOGG, AS   JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
05/30/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000057591
    	
 
    	
T1S R67W
    	
 
    	
0.2009
    	
 
    	
0.2009
    	
 
    	
0.1004
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 3, LOT 8A OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #2, AMENDMENT #1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    

 

36

	
Lease
    	
 
    	
Lessor Name
    	
 
    	
Lessee Name
    	
 
    	
Eff Date
    	
 
    	
Rec County
    	
 
    	
Book
    	
 
    	
Page
    	
 
    	
Entry
    	
 
    	
Legal Description
    	
 
    	
Gross Acres
    	
 
    	
Net Acres
    	
 
    	
PSC Net Acres
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100291
    	
 
    	
JASON M WALLACE AND EMILY M   WALLACE, AS JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
05/02/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000057590
    	
 
    	
T1S R67W
    	
 
    	
0.2531
    	
 
    	
0.2531
    	
 
    	
0.1265
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 4, LOT 9 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #3
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100292
    	
 
    	
CHANG W LEE AND KYUNG S LEE AND   KISUN LEE AND LINDA S LEE, AS JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
05/30/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000057587
    	
 
    	
T1S R67W
    	
 
    	
0.2914
    	
 
    	
0.2914
    	
 
    	
0.1457
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 1, LOT 14 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100293
    	
 
    	
SALVATORE DISALLE AND MELITA J   DISALLE, AS JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
07/26/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000068990
    	
 
    	
T1S R67W
    	
 
    	
0.4229
    	
 
    	
0.4229
    	
 
    	
0.2114
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 9, LOT 9 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #2
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100294
    	
 
    	
DEAN RUSSELL MAGNUSON
    	
 
    	
PETROSHARE CORP
    	
 
    	
06/21/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000057588
    	
 
    	
T1S R67W
    	
 
    	
0.3992
    	
 
    	
0.3992
    	
 
    	
0.1996
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 3, LOT 10 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100295
    	
 
    	
JASON GARNER AND MELISSA GARNER,   AS JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
05/30/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000057589
    	
 
    	
T1S R67W
    	
 
    	
0.1791
    	
 
    	
0.1791
    	
 
    	
0.0896
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 3, LOT 6 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #2
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100296
    	
 
    	
STEVEN MEEHAN AND BEATRIZ L   MEEHAN, AS JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
06/21/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000057593
    	
 
    	
T1S R67W
    	
 
    	
0.1865
    	
 
    	
0.1865
    	
 
    	
0.0932
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 4, LOT 6 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100297
    	
 
    	
BRIANNE M HOGUE AND CHRISTOPHER M   HOGUE, AS JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
05/02/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000057586
    	
 
    	
T1S R67W
    	
 
    	
0.2019
    	
 
    	
0.2019
    	
 
    	
0.1009
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 5, LOT 13 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #3
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100298
    	
 
    	
MATTHEW DUNSCOMB AND KATHRYN   DUNSCOMB, AS JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
05/02/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000057592
    	
 
    	
T1S R67W
    	
 
    	
0.2082
    	
 
    	
0.2082
    	
 
    	
0.1041
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 5, LOT 15 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #3
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100299
    	
 
    	
JASON BERSANO AND JILL BERSANO
    	
 
    	
PETROSHARE CORP
    	
 
    	
02/07/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000068138
    	
 
    	
T1S R67W
    	
 
    	
0.1815
    	
 
    	
0.1815
    	
 
    	
0.0907
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 5, LOT 9 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100300
    	
 
    	
AMY STRATTON
    	
 
    	
PETROSHARE CORP
    	
 
    	
05/30/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000068134
    	
 
    	
T1S R67W
    	
 
    	
0.4370
    	
 
    	
0.4370
    	
 
    	
0.2185
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 2, LOT 3 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #2
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100301
    	
 
    	
ANGELA R ALVARADO AND ANDREW   ALVARADO
    	
 
    	
PETROSHARE CORP
    	
 
    	
06/21/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000068135
    	
 
    	
T1S R67W
    	
 
    	
0.2081
    	
 
    	
0.2081
    	
 
    	
0.1041
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 1, LOT 11 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100302
    	
 
    	
SARAH SHEPHARD MCCARTNEY AND   ANDREW MCCARTNEY
    	
 
    	
PETROSHARE CORP
    	
 
    	
06/21/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000068140
    	
 
    	
T1S R67W
    	
 
    	
0.1795
    	
 
    	
0.1795
    	
 
    	
0.0897
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 6, LOT 1 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #3
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100303
    	
 
    	
MADDHOUSE LLC
    	
 
    	
PETROSHARE CORP
    	
 
    	
06/21/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000068139
    	
 
    	
T1S R67W
    	
 
    	
0.2904
    	
 
    	
0.2904
    	
 
    	
0.1452
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 5, LOT 6 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #3
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    

 

37

 

	
Lease
    	
 
    	
Lessor Name
    	
 
    	
Lessee Name
    	
 
    	
Eff Date
    	
 
    	
Rec County
    	
 
    	
Book
    	
 
    	
Page
    	
 
    	
Entry
    	
 
    	
Legal Description
    	
 
    	
Gross Acres
    	
 
    	
Net Acres
    	
 
    	
PSC Net Acres
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100304
    	
 
    	
BRETT HENDERSON
    	
 
    	
PETROSHARE CORP
    	
 
    	
07/26/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000068136
    	
 
    	
T1S R67W
    	
 
    	
0.1744
    	
 
    	
0.1744
    	
 
    	
0.0872
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 3, LOT 4 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100305
    	
 
    	
TANGUY GORE AND DELPHINE GORE
    	
 
    	
PETROSHARE CORP
    	
 
    	
06/26/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
20017000068449
    	
 
    	
T1S R67W
    	
 
    	
0.1819
    	
 
    	
0.1819
    	
 
    	
0.0910
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 1, LOT 27 OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100306
    	
 
    	
DANEYA D ROMERO AND ARRAN H   FAIRFIELD
    	
 
    	
PETROSHARE CORP
    	
 
    	
07/26/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000068446
    	
 
    	
T1S R67W
    	
 
    	
0.2114
    	
 
    	
0.2114
    	
 
    	
0.1057
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: BLOCK 1, LOT 14A OF THE   VILLAGES AT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
RIVERDALE FILING #3, AMENDMENT #1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100307
    	
 
    	
ERIC ALLEN CARRICO AND PATRICIA   LYNN CARRICO, AS JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
03/26/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000049832
    	
 
    	
T1S R67W
    	
 
    	
0.6664
    	
 
    	
0.6664
    	
 
    	
0.3332
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: GLENEAGLE ESTATES   SUBDIVISION, AMENDMENT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2, BLOCK 6, LOT 3
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100308
    	
 
    	
SCOTT STANTON AND DEBBIE STANTON,   JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/14/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000048599
    	
 
    	
T1S R67W
    	
 
    	
1.0863
    	
 
    	
1.0863
    	
 
    	
0.5432
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: GLENEAGLE ESTATES   SUBDIVISION, AMENDMENT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
1, BLOCK 11, LOT 4
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100309
    	
 
    	
MATTHEW J CARTWRIGHT AND DIANE L   CARTWRIGHT, JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/14/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000048602
    	
 
    	
T1S R67W
    	
 
    	
1.0553
    	
 
    	
1.0553
    	
 
    	
0.5276
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: GLENEAGLE ESTATES   SUBDIVISION, AMENDMENT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
1, BLOCK 13, LOT 9
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100310
    	
 
    	
KNUDSEN FAMILY TRUST DATED   8/30/96
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/03/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000045376
    	
 
    	
T1S R67W
    	
 
    	
1.0812
    	
 
    	
1.0812
    	
 
    	
0.5406
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: GLENEAGLE ESTATES   SUBDIVISION, AMENDMENT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
1, BLOCK 13, LOT 4
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100311
    	
 
    	
DAVID YOUNG AND DENISE YOUNG,   JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/14/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000052871
    	
 
    	
T1S R67W
    	
 
    	
1.2707
    	
 
    	
1.2707
    	
 
    	
0.6353
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: GLENEAGLE ESTATES   SUBDIVISION, AMENDMENT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
1, BLOCK 3, LOT 3
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100312
    	
 
    	
CAROL ANNE AHRENS AND SEAN   PATRICK AHRENS, JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/14/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000045402
    	
 
    	
T1S R67W
    	
 
    	
1.3224
    	
 
    	
1.3224
    	
 
    	
0.6612
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: GLENEAGLE ESTATES   SUBDIVISION, AMENDMENT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
1, BLOCK 1, LOT 1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100313
    	
 
    	
DALE R ALGRIM II AND DIONE S   ALGRIM, JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/14/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000048589
    	
 
    	
T1S R67W
    	
 
    	
1.1041
    	
 
    	
1.1041
    	
 
    	
0.5521
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: GLENEAGLE ESTATES   SUBDIVISION, AMENDMENT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
1, BLOCK 4, LOT 3
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100314
    	
 
    	
DOUGLAS J ENRIGHT AND LUCINDA M   FERNANDEZ, AS JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/21/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000048598
    	
 
    	
T1S R67W
    	
 
    	
1.5576
    	
 
    	
1.5576
    	
 
    	
0.7788
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: GLENEAGLE ESTATES   SUBDIVISION, AMENDMENT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
7, BLOCK 3, LOT 4A
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100315
    	
 
    	
DOUGLAS L VUNDER AND DIXIE   VUNDER, JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/14/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000048612
    	
 
    	
T1S R67W
    	
 
    	
0.5358
    	
 
    	
0.5358
    	
 
    	
0.2679
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: GLENEAGLE ESTATES   SUBDIVISION, AMENDMENT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2, BLOCK 6, LOT 22
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100316
    	
 
    	
ROGER L GEER AND LINDA L GEER, AS   JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/14/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000048603
    	
 
    	
T1S R67W
    	
 
    	
1.2472
    	
 
    	
1.2472
    	
 
    	
0.6236
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: GLENEAGLE ESTATES   SUBDIVISION, AMENDMENT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    

 

38

	
Lease
    	
 
    	
Lessor Name
    	
 
    	
Lessee Name
    	
 
    	
Eff Date
    	
 
    	
Rec County
    	
 
    	
Book
    	
 
    	
Page
    	
 
    	
Entry
    	
 
    	
Legal Description
    	
 
    	
Gross Acres
    	
 
    	
Net Acres
    	
 
    	
PSC Net Acres
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
1, BLOCK 2, LOT 11
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100317
    	
 
    	
DOUGLAS J SPICER, TRUSTEE OF THE   DOUGLAS J SPICER REVOCABLE TRUST AND LOIS JEAN SPICER, TRUSTEE OF THE LOIS   JEAN SPICER REVOCABLE TRUST
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/14/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000048605
    	
 
    	
T1S R67W
    	
 
    	
1.1513
    	
 
    	
1.1513
    	
 
    	
0.5756
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: GLENEAGLE ESTATES   SUBDIVISION, AMENDMENT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
1, BLOCK 2, LOT 6
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100318
    	
 
    	
STEVEN DANIEL WOLFE AND LORI   ELIZABETH WOLFE, JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/14/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000048607
    	
 
    	
T1S R67W
    	
 
    	
1.2780
    	
 
    	
1.2780
    	
 
    	
0.6390
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: GLENEAGLE ESTATES   SUBDIVISION, AMENDMENT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
1, BLOCK 5, LOT 1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100319
    	
 
    	
ROBERT E CASEY AS TRUSTEE OF THE   ROBERT E CASEY REVOCABLE TRUST, UTA 11/06/2015; ROBERT E CASEY AS TRUSTEE OF   THE LINDA C CASEY REVOCABLE TRUST, UTA 11/06/2015; LINDA C CASEY AS TRUSTEE   OF THE ROBERT E CASEY REVOCABLE TRUST, UTA 11/06/2015; AND LINDA C CASEY AS   TRUSTEE OF THE LINDA C CASEY REVOCABLE TRUST, UTA 11/06/2015
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/21/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000048594
    	
 
    	
T1S R67W
    	
 
    	
1.1049
    	
 
    	
1.1049
    	
 
    	
0.5524
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: GLENEAGLE ESTATES   SUBDIVISION, AMENDMENT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
7, BLOCK 3, LOT 5A
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100320
    	
 
    	
TOM C MOSCHETTI, A SINGLE MAN
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/14/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000045383
    	
 
    	
T1S R67W
    	
 
    	
0.7890
    	
 
    	
0.7890
    	
 
    	
0.3945
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: GLENEAGLE ESTATES   SUBDIVISION, AMENDMENT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2, BLOCK 6, LOT 17
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100321
    	
 
    	
GLENN J GLASSER, TRUSTEE OF THE   GLENN J GLASSER TRUST DATED 10/28/15 AND PAMELA N GLASSER, TRUSTEE OF THE   PAMELA N GLASSER TRUST DATED 10/28/15, EQUALLY AS TENANTS IN COMMON
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/28/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000059386
    	
 
    	
T1S R67W
    	
 
    	
0.8087
    	
 
    	
0.8087
    	
 
    	
0.4043
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: GLENEAGLE ESTATES   SUBDIVISION, AMENDMENT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2, BLOCK 7, LOT 5
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100322
    	
 
    	
ERNESTO AVENA AND LAZARO BAROCIO,   JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/14/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000048608
    	
 
    	
T1S R67W
    	
 
    	
0.6537
    	
 
    	
0.6537
    	
 
    	
0.3268
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: GLENEAGLE ESTATES   SUBDIVISION, AMENDMENT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2, BLOCK 6, LOT 16
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100323
    	
 
    	
JOEL SCHWARTZ AND DORIS SCHWARTZ,   JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/20/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000049269
    	
 
    	
T1S R67W
    	
 
    	
1.5002
    	
 
    	
1.5002
    	
 
    	
0.7501
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: GLENEAGLE ESTATES   SUBDIVISION, AMENDMENT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
4, BLOCK 6, LOT 24A
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100324
    	
 
    	
MARK A BROSS, AS TRUSTEE OF THE   MARK A BROSS TRUST AND PATRICIA ANN BROSS, AS TRUSTEE OF THE PATRICIA ANN   BROSS TRUST
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/14/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000048592
    	
 
    	
T1S R67W
    	
 
    	
1.0739
    	
 
    	
1.0739
    	
 
    	
0.5370
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: GLENEAGLE ESTATES   SUBDIVISION, AMENDMENT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
1, BLOCK 1, LOT 5
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100325
    	
 
    	
SUSAN L MCCORMICK, A MARRIED   WOMAN
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/14/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000048601
    	
 
    	
T1S R67W
    	
 
    	
1.3517
    	
 
    	
1.3517
    	
 
    	
0.6758
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: GLENEAGLE ESTATES   SUBDIVISION, AMENDMENT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
1, BLOCK 3, LOT 8
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100326
    	
 
    	
KEITH KOHTZ AND TANYA KOHTZ
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/21/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000048593
    	
 
    	
T1S R67W
    	
 
    	
1.2422
    	
 
    	
1.2422
    	
 
    	
0.6211
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: GLENEAGLE ESTATES   SUBDIVISION, AMENDMENT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
1, BLOCK 11, LOT 1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100327
    	
 
    	
BEVERLY OTTEN
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/14/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000046495
    	
 
    	
T1S R67W
    	
 
    	
1.1070
    	
 
    	
1.1070
    	
 
    	
0.5535
    	
 
    

 

39

 

	
Lease
    	
 
    	
Lessor Name
    	
 
    	
Lessee Name
    	
 
    	
Eff Date
    	
 
    	
Rec County
    	
 
    	
Book
    	
 
    	
Page
    	
 
    	
Entry
    	
 
    	
Legal Description
    	
 
    	
Gross Acres
    	
 
    	
Net Acres
    	
 
    	
PSC Net Acres
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: GLENEAGLE ESTATES   SUBDIVISION, AMENDMENT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
1, BLOCK 3, LOT 2
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100328
    	
 
    	
CHRIS BUTLER AND TONI BUTLER,   JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/21/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000045380
    	
 
    	
T1S R67W
    	
 
    	
0.5763
    	
 
    	
0.5763
    	
 
    	
0.2882
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: GLENEAGLE ESTATES   SUBDIVISION, AMENDMENT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2, BLOCK 8, LOT 5
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100329
    	
 
    	
CRAIG W WILHOYTE AND DEBRA K   BABB, JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/14/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000045395
    	
 
    	
T1S R67W
    	
 
    	
1.1383
    	
 
    	
1.1383
    	
 
    	
0.5692
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: GLENEAGLE ESTATES   SUBDIVISION, AMENDMENT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
1, BLOCK 1, LOT 4
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100330
    	
 
    	
GEOFFREY M LEOPOLD AND TARA LEIGH   LEOPOLD, JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/27/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000045373
    	
 
    	
T1S R67W
    	
 
    	
1.2858
    	
 
    	
1.2858
    	
 
    	
0.6429
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: GLENEAGLE ESTATES   SUBDIVISION, AMENDMENT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
1, BLOCK 13, LOT 3
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100331
    	
 
    	
JAMES A BRIX AND ERICA A BRIX,   JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/14/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000045389
    	
 
    	
T1S R67W
    	
 
    	
0.8223
    	
 
    	
0.8223
    	
 
    	
0.4112
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: GLENEAGLE ESTATES   SUBDIVISION, AMENDMENT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2, BLOCK 6, LOT 8
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100332
    	
 
    	
JOHN G BALLMAN AND DEBORAH A   BALLMAN, JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/21/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000045377
    	
 
    	
T1S R67W
    	
 
    	
1.2947
    	
 
    	
1.2947
    	
 
    	
0.6473
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: GLENEAGLE ESTATES   SUBDIVISION, AMENDMENT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
1, BLOCK 9, LOT 1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100333
    	
 
    	
JOHN HOFMANN AND JESSICA HOFMANN,   JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/14/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000045427
    	
 
    	
T1S R67W
    	
 
    	
1.0892
    	
 
    	
1.0892
    	
 
    	
0.5446
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: GLENEAGLE ESTATES   SUBDIVISION, AMENDMENT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
1, BLOCK 4, LOT 1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100334
    	
 
    	
MICHAEL J DEMATTEE AND KELLY J   DEMATTEE, JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
05/01/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000045394
    	
 
    	
T1S R67W
    	
 
    	
0.7734
    	
 
    	
0.7734
    	
 
    	
0.3867
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: GLENEAGLE ESTATES   SUBDIVISION, AMENDMENT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2, BLOCK 6, LOT1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100335
    	
 
    	
MOHANA GOPALAKRISHNA AND SUPRIVA   UMADEVI, AS JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/14/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000045398
    	
 
    	
T1S R67W
    	
 
    	
1.0285
    	
 
    	
1.0285
    	
 
    	
0.5142
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: GLENEAGLE ESTATES   SUBDIVISION, AMENDMENT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
1, BLOCK 2, LOT 8
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100336
    	
 
    	
RICHARD D WHITE AND LINDA M   WHITE, JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
05/01/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000045382
    	
 
    	
T1S R67W
    	
 
    	
0.6365
    	
 
    	
0.6365
    	
 
    	
0.3182
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: GLENEAGLE ESTATES   SUBDIVISION, AMENDMENT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
6, BLOCK 8, LOT 2B
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100337
    	
 
    	
SEYED H KALANTAR AND MAHASTI   KALANTAR, JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/14/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000045400
    	
 
    	
T1S R67W
    	
 
    	
1.2090
    	
 
    	
1.2090
    	
 
    	
0.6045
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: GLENEAGLE ESTATES   SUBDIVISION, AMENDMENT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
1, BLOCK 1, LOT 2
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100338
    	
 
    	
WAYNE L SUMMONS
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/28/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000045396
    	
 
    	
T1S R67W
    	
 
    	
1.1012
    	
 
    	
1.1012
    	
 
    	
0.5506
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: GLENEAGLE ESTATES   SUBDIVISION, AMENDMENT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
1, BLOCK 3, LOT 7
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100339
    	
 
    	
GREGORY D SCHRINER AND MINDY E   SCHRINER, JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/24/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000046659
    	
 
    	
T1S R67W
    	
 
    	
1.2452
    	
 
    	
1.2452
    	
 
    	
0.6226
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: GLENEAGLE ESTATES   SUBDIVISION, AMENDMENT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
1, BLOCK 9, LOT 5
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    

 

40

 

	
Lease
    	
 
    	
Lessor Name
    	
 
    	
Lessee Name
    	
 
    	
Eff Date
    	
 
    	
Rec County
    	
 
    	
Book
    	
 
    	
Page
    	
 
    	
Entry
    	
 
    	
Legal Description
    	
 
    	
Gross Acres
    	
 
    	
Net Acres
    	
 
    	
PSC Net Acres
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100340
    	
 
    	
DOUGLAS D NEDVED, A TENANT IN   SEVERALTY
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/14/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000045387
    	
 
    	
T1S R67W
    	
 
    	
1.0955
    	
 
    	
1.0955
    	
 
    	
0.5477
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: GLENEAGLE ESTATES   SUBDIVISION, AMENDMENT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
1, BLOCK 2, LOT 5
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100341
    	
 
    	
JAMES R FRITZ AND SHEILA K FRITZ,   AS JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
05/03/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000045388
    	
 
    	
T1S R67W
    	
 
    	
1.2701
    	
 
    	
1.2701
    	
 
    	
0.6351
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: GLENEAGLE ESTATES   SUBDIVISION, AMENDMENT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2, BLOCK 1, LOT 6
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100342
    	
 
    	
JASON CURTIS AND STEFANIE CURTIS,   AS JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/28/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000045378
    	
 
    	
T1S R67W
    	
 
    	
1.2449
    	
 
    	
1.2449
    	
 
    	
0.6224
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: GLENEAGLE ESTATES   SUBDIVISION, AMENDMENT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
1, BLOCK 11, LOT 3
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100343
    	
 
    	
JOHN F AND STACY R SILVA, JOINT   TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/14/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000045391
    	
 
    	
T1S R67W
    	
 
    	
0.6693
    	
 
    	
0.6693
    	
 
    	
0.3347
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: GLENEAGLE ESTATES   SUBDIVISION, AMENDMENT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2, BLOCK 6, LOT 6
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100344
    	
 
    	
JUDY K TERRANOVA
    	
 
    	
PETROSHARE CORP
    	
 
    	
05/04/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000045386
    	
 
    	
T1S R67W
    	
 
    	
0.8022
    	
 
    	
0.8022
    	
 
    	
0.4011
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: GLENEAGLE ESTATES   SUBDIVISION, AMENDMENT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2, BLOCK 6, LOT 13
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100345
    	
 
    	
WADE BALLIET AND MICHELLE   BALLIET, AS JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
05/04/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000045392
    	
 
    	
T1S R67W
    	
 
    	
0.9737
    	
 
    	
0.9737
    	
 
    	
0.4869
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: GLENEAGLE ESTATES   SUBDIVISION, AMENDMENT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2, BLOCK 6, LOT 4
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100346
    	
 
    	
VICTOR A DOMENICO AND MONICA A   DOMENICO, JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/26/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000048611
    	
 
    	
T1S R67W
    	
 
    	
1.8622
    	
 
    	
1.8622
    	
 
    	
0.9311
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: GLENEAGLE ESTATES   SUBDIVISION, AMENDMENT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
5, BLOCK 7, LOT 1A
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100347
    	
 
    	
KURT LUDWIG ZUGER, TRUSTEE OF THE   KURT AND MARCIA ZUGER FAMILY TRUST DATED 07/16/02 AND MARCIA JEAN ZUGER,   TRUSTEE OF THE KURT AND MARCIA ZUGER FAMILY TRUST DATED 07/16/02
    	
 
    	
PETROSHARE CORP
    	
 
    	
05/08/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000046660
    	
 
    	
T1S R67W

SEC 28: GLENEAGLE ESTATES   SUBDIVISION, AMENDMENT

2, BLOCK 6, LOT 11
    	
 
    	
0.6113
    	
 
    	
0.6113
    	
 
    	
0.3056
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100348
    	
 
    	
ALBERT KENDRICK AND JENNIFER   KENDRICK, JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/21/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000048595
    	
 
    	
T1S R67W
    	
 
    	
1.4464
    	
 
    	
1.4464
    	
 
    	
0.7232
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: GLENEAGLE ESTATES   SUBDIVISION, AMENDMENT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
1, BLOCK 9, LOT 2
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100349
    	
 
    	
DARREL RAY WILMOTH AND BARBARA   JANEL WILMOTH, JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/14/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000049433
    	
 
    	
T1S R67W
    	
 
    	
0.8001
    	
 
    	
0.8001
    	
 
    	
0.4001
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: GLENEAGLE ESTATES   SUBDIVISION, AMENDMENT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2, BLOCK 6, LOT 15
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100350
    	
 
    	
ARTURO RODRIGUEZ CANO
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/24/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000048604
    	
 
    	
T1S R67W
    	
 
    	
1.0955
    	
 
    	
1.0955
    	
 
    	
0.5477
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: GLENEAGLE ESTATES   SUBDIVISION, AMENDMENT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
1, BLOCK 10, LOT 2
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100351
    	
 
    	
JEFFREY W BARR AND PAMELA J BARR,   JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/14/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000045390
    	
 
    	
T1S R67W
    	
 
    	
0.6690
    	
 
    	
0.6690
    	
 
    	
0.3345
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: GLENEAGLE ESTATES   SUBDIVISION, AMENDMENT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2, BLOCK 6, LOT 7
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100352
    	
 
    	
JERRY ARAGON AND DANETTE ARAGON,   AS JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
05/08/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000045375
    	
 
    	
T1S R67W
    	
 
    	
1.2016
    	
 
    	
1.2016
    	
 
    	
0.6008
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: GLENEAGLE ESTATES   SUBDIVISION, AMENDMENT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    

 

41

 

	
Lease
    	
 
    	
Lessor Name
    	
 
    	
Lessee Name
    	
 
    	
Eff Date
    	
 
    	
Rec County
    	
 
    	
Book
    	
 
    	
Page
    	
 
    	
Entry
    	
 
    	
Legal Description
    	
 
    	
Gross Acres
    	
 
    	
Net Acres
    	
 
    	
PSC Net Acres
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
1, BLOCK 11, LOT 6
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100353
    	
 
    	
JOANNE H LEE
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/28/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000045397
    	
 
    	
T1S R67W
    	
 
    	
1.2934
    	
 
    	
1.2934
    	
 
    	
0.6467
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: GLENEAGLE ESTATES   SUBDIVISION, AMENDMENT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
1, BLOCK 2, LOT 9
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100354
    	
 
    	
RUSSELL N WATTERSON, TRUSTEE OF   THE NILA J WATTERSON DECLARATION OF TRUST, DATED 4/18/05
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/21/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000045401
    	
 
    	
T1S R67W
    	
 
    	
1.0637
    	
 
    	
1.0637
    	
 
    	
0.5319
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: GLENEAGLE ESTATES   SUBDIVISION, AMENDMENT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
1, BLOCK 2, LOT 4
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100355
    	
 
    	
JUAN RODRIGUEZ, TRUSTEE OF THE   JUAN AND JOANN RODRIGUEZ LIVING TRUST DATED 4/24/13 AND JOANN RODRGIUEZ,   TRUSTEE OF THE JUAN AND JOANN RODRIGUEZ LIVING TRUST DATED 4/24/13
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/21/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000045385
    	
 
    	
T1S R67W
    	
 
    	
0.9778
    	
 
    	
0.9778
    	
 
    	
0.4889
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: GLENEAGLE ESTATES   SUBDIVISION, AMENDMENT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2, BLOCK 7, LOT 8
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100356
    	
 
    	
MARK CLINTON GUNN AND JENNIFER   MARIE GUNN, AS JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/14/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000048600
    	
 
    	
T1S R67W
    	
 
    	
1.0848
    	
 
    	
1.0848
    	
 
    	
0.5424
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: GLENEAGLE ESTATES   SUBDIVISION, AMENDMENT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
1, BLOCK 2, LOT 13
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100357
    	
 
    	
P NICOLE NELSON
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/14/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000048606
    	
 
    	
T1S R67W
    	
 
    	
1.2770
    	
 
    	
1.2770
    	
 
    	
0.6385
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: GLENEAGLE ESTATES   SUBDIVISION, AMENDMENT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
1, BLOCK 4, LOT 4
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100358
    	
 
    	
MICHAEL C TSOU
    	
 
    	
PETROSHARE CORP
    	
 
    	
05/01/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000045393
    	
 
    	
T1S R67W
    	
 
    	
0.6900
    	
 
    	
0.6900
    	
 
    	
0.3450
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: GLENEAGLE ESTATES   SUBDIVISION, AMENDMENT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2, BLOCK 6, LOT 2
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100359
    	
 
    	
CHIP L BEAN AND SUSAN L BEAN, AS   JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/21/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000045372
    	
 
    	
T1S R67W
    	
 
    	
1.0248
    	
 
    	
1.0248
    	
 
    	
0.5124
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: GLENEAGLE ESTATES   SUBDIVISION, AMENDMENT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
1, BLOCK 13, LOT 7
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100360
    	
 
    	
DOUGLAS ROBERTS AND TINA ROBERTS,   JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/24/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000045426
    	
 
    	
T1S R67W
    	
 
    	
1.2562
    	
 
    	
1.2562
    	
 
    	
0.6281
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: GLENEAGLE ESTATES   SUBDIVISION, AMENDMENT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
1, BLOCK 10, LOT 3
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100361
    	
 
    	
EISSA HIZHLEY AND SANDRA K   HIZHLEY, JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/21/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000045379
    	
 
    	
T1S R67W
    	
 
    	
0.7887
    	
 
    	
0.7887
    	
 
    	
0.3943
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: GLENEAGLE ESTATES   SUBDIVISION, AMENDMENT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
3, BLOCK 8, LOT 3A
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100362
    	
 
    	
LAWRENCE L LIGON AND SUSAN J   DAVIS, AS JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/14/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000045399
    	
 
    	
T1S R67W
    	
 
    	
1.3071
    	
 
    	
1.3071
    	
 
    	
0.6535
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: GLENEAGLE ESTATES   SUBDIVISION, AMENDMENT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
1, BLOCK 2, LOT 7
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100363
    	
 
    	
GHAZANFAR KHAN
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/21/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000045374
    	
 
    	
T1S R67W
    	
 
    	
1.0934
    	
 
    	
1.0934
    	
 
    	
0.5467
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: GLENEAGLE ESTATES   SUBDIVISION, AMENDMENT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
1, BLOCK 12, LOT 1
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100364
    	
 
    	
JOSE LAGUNA AND PAULINA LAGUNA,   JOINT TENANTS
    	
 
    	
PETROSHARE CORP
    	
 
    	
04/20/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000045384
    	
 
    	
T1S R67W
    	
 
    	
0.7620
    	
 
    	
0.7620
    	
 
    	
0.3810
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
SEC 28: GLENEAGLE ESTATES   SUBDIVISION, AMENDMENT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2, BLOCK 7, LOT 7
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    

 

42

 

	
Lease
    	
 
    	
Lessor Name
    	
 
    	
Lessee Name
    	
 
    	
Eff Date
    	
 
    	
Rec County
    	
 
    	
Book
    	
 
    	
Page
    	
 
    	
Entry
    	
 
    	
Legal Description
    	
 
    	
Gross Acres
    	
 
    	
Net Acres
    	
 
    	
PSC Net Acres
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100365
    	
 
    	
WILLIAM A   WHITE AND SHERRYE D WHITE, JOINT TENANTS
    	
 
    	
PETROSHARE   CORP
    	
 
    	
04/24/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000045371
    	
 
    	
T1S R67W

SEC 28:   GLENEAGLE ESTATES SUBDIVISION, AMENDMENT

1, BLOCK   13, LOT 10
    	
 
    	
1.2387
    	
 
    	
1.2387
    	
 
    	
0.6193
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100366
    	
 
    	
WILLIAM R   PERSICHETTE JR AND VALERIE PERSICHETTE, AS JOINT TENANTS
    	
 
    	
PETROSHARE   CORP
    	
 
    	
04/21/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000045370
    	
 
    	
T1S R67W

SEC 28:   GLENEAGLE ESTATES SUBDIVISION, AMENDMENT

1, BLOCK   13, LOT 8
    	
 
    	
1.1120
    	
 
    	
1.1120
    	
 
    	
0.5560
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100367
    	
 
    	
ROBERT R   FEIS AND MALINDA M FEIS, JOINT TENANTS
    	
 
    	
PETROSHARE   CORP
    	
 
    	
05/01/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000046496
    	
 
    	
T1S R67W

SEC 28:   GLENEAGLE ESTATES SUBDIVISION, AMENDMENT

3, BLOCK   8, LOT 1A
    	
 
    	
0.7914
    	
 
    	
0.7914
    	
 
    	
0.3957
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100368
    	
 
    	
JUDITH A   GIAMPIERI, TRUSTEE OF THE JUDITH A GIAMPIERI TRUST
    	
 
    	
PETROSHARE   CORP
    	
 
    	
06/01/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000050798
    	
 
    	
T1S R67W

SEC 28:   GLENEAGLE ESTATES SUBDIVISION, AMENDMENT

1, BLOCK   13, LOT 1
    	
 
    	
1.1606
    	
 
    	
1.1606
    	
 
    	
0.5803
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100369
    	
 
    	
NOEL   PORTILLO
    	
 
    	
PETROSHARE   CORP
    	
 
    	
06/09/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000050797
    	
 
    	
T1S R67W

SEC 28:   GLENEAGLE ESTATES SUBDIVISION, AMENDMENT

2, BLOCK   6, LOT 14
    	
 
    	
0.6837
    	
 
    	
0.6837
    	
 
    	
0.3418
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100370
    	
 
    	
EDWIN E   OLIVAS AND BRENDA Y RODRIGUEZ, JOINT TENANTS
    	
 
    	
PETROSHARE   CORP
    	
 
    	
06/12/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000050800
    	
 
    	
T1S R67W

SEC 28:   GLENEAGLE ESTATES SUBDIVISION, AMENDMENT

6, BLOCK   14, LOT 5A
    	
 
    	
1.0930
    	
 
    	
1.0930
    	
 
    	
0.5465
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100371
    	
 
    	
LANCE R   TOEPPER AND JULIE A TOEPPER, JOINT TENANTS
    	
 
    	
PETROSHARE   CORP
    	
 
    	
04/14/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000055153
    	
 
    	
T1S R67W

SEC 28:   GLENEAGLE ESTATES SUBDIVISION, AMENDMENT

2, BLOCK   6, LOT 10
    	
 
    	
0.5601
    	
 
    	
0.5601
    	
 
    	
0.2801
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100372
    	
 
    	
COLE H   GAUGER AND KIMBERLY J GAUGER, JOINT TENANTS
    	
 
    	
PETROSHARE   CORP
    	
 
    	
06/12/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000055655
    	
 
    	
T1S R67W

SEC 28:   GLENEAGLE ESTATES SUBDIVISION, AMENDMENT

2, BLOCK   8, LOT 6
    	
 
    	
0.5708
    	
 
    	
0.5708
    	
 
    	
0.2854
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100373
    	
 
    	
FERNANDO   CORRALES AND LORENA CORRALES, JOINT TENANTS
    	
 
    	
PETROSHARE   CORP
    	
 
    	
06/06/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000059038
    	
 
    	
T1S R67W

SEC 28:   GLENEAGLE ESTATES SUBDIVISION, AMENDMENT

2, BLOCK   7, LOT 3
    	
 
    	
0.6766
    	
 
    	
0.6766
    	
 
    	
0.3383
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100374
    	
 
    	
JIM BRADY   AND LEANN BRADY, AS JOINT TENANTS
    	
 
    	
PETROSHARE   CORP
    	
 
    	
07/10/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000064997
    	
 
    	
T1S R67W

SEC 28:   GLENEAGLE ESTATES SUBDIVISION, AMENDMENT

1, BLOCK 3,   LOT 1
    	
 
    	
1.2878
    	
 
    	
1.2878
    	
 
    	
0.6439
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100375
    	
 
    	
JORGE   ESCALERA AND MARGARITA ESCALERA, JOINT TENANTS
    	
 
    	
PETROSHARE   CORP
    	
 
    	
07/06/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000065000
    	
 
    	
T1S R67W

SEC 28:   GLENEAGLE ESTATES SUBDIVISION, AMENDMENT

1, BLOCK   1, LOT 3
    	
 
    	
1.1112
    	
 
    	
1.1112
    	
 
    	
0.5556
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100376
    	
 
    	
ANDREW   GONZALES AND JEAN GONZALES, JOINT TENANTS
    	
 
    	
PETROSHARE   CORP
    	
 
    	
06/29/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000065063
    	
 
    	
T1S R67W

SEC 28:   GLENEAGLE ESTATES SUBDIVISION, AMENDMENT

2, BLOCK   6, LOT 9
    	
 
    	
0.6579
    	
 
    	
0.6579
    	
 
    	
0.3290
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100377
    	
 
    	
STEVEN D   NORTON JR AND CRISTAL K NORTON, AS JOINT TENANTS
    	
 
    	
PETROSHARE   CORP
    	
 
    	
07/12/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000068823
    	
 
    	
T1S R67W

SEC 28:   GLENEAGLE ESTATES SUBDIVISION, AMENDMENT

2, BLOCK   6, LOT 19
    	
 
    	
0.5660
    	
 
    	
0.5660
    	
 
    	
0.2830
    	
 
    

 

43

 

	
Lease
    	
 
    	
Lessor Name
    	
 
    	
Lessee Name
    	
 
    	
Eff Date
    	
 
    	
Rec County
    	
 
    	
Book
    	
 
    	
Page
    	
 
    	
Entry
    	
 
    	
Legal Description
    	
 
    	
Gross Acres
    	
 
    	
Net Acres
    	
 
    	
PSC Net Acres
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100378
    	
 
    	
HOLLY   OSGOOD
    	
 
    	
PETROSHARE   CORP
    	
 
    	
06/13/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000068137
    	
 
    	
T1S R67W

SEC 28:   GLENEAGLE ESTATES SUBDIVISION, AMENDMENT

2, BLOCK   13, LOT 2
    	
 
    	
1.2461
    	
 
    	
1.2461
    	
 
    	
0.6230
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100379
    	
 
    	
JEFFREY   ALAN STINNETT AND LAURA ERIN STINNETT, JOINT TENANTS
    	
 
    	
PETROSHARE   CORP
    	
 
    	
06/20/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000062262
    	
 
    	
T1S R67W

SEC 28:   GLENEAGLE ESTATES SUBDIVISION, AMENDMENT

1, BLOCK   11, LOT 2
    	
 
    	
1.0546
    	
 
    	
1.0546
    	
 
    	
0.5273
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100380
    	
 
    	
DANIEL R   SATRIANA, JR
    	
 
    	
PETROSHARE   CORP
    	
 
    	
04/14/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000062476
    	
 
    	
T1S R67W

SEC 28:   GLENEAGLE ESTATES SUBDIVISION, AMENDMENT

1, BLOCK   5, LOT 2
    	
 
    	
1.2713
    	
 
    	
1.2713
    	
 
    	
0.6357
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100381
    	
 
    	
DONALD L   SHRIVER AND JANICE E SHIVER, AS JOINT TENANTS
    	
 
    	
PETROSHARE   CORP
    	
 
    	
07/20/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000066519
    	
 
    	
T2S R66W

SEC 2:   E2E2SWSE
    	
 
    	
10.0000
    	
 
    	
10.0000
    	
 
    	
5.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100382A
    	
 
    	
ROBERT J   YOUNGER
    	
 
    	
PETROSHARE   CORP
    	
 
    	
08/08/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000080552
    	
 
    	
T2S R66W

SEC 2:   S2N2NESE

AND

SEC 2:   SHADY TREES SUBDIVISION BLOCK 2
    	
 
    	
20.0000
    	
 
    	
10.0000
    	
 
    	
5.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100382B
    	
 
    	
MERLE D   LEE
    	
 
    	
PETROSHARE   CORP
    	
 
    	
08/31/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000080144
    	
 
    	
T2S R66W

SEC 2:   SHADY TREES SUBDIVISION BLOCK 2
    	
 
    	
10.0000
    	
 
    	
5.0000
    	
 
    	
2.5000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100382C
    	
 
    	
ROBERT E   DAVIS
    	
 
    	
PETROSHARE   CORP
    	
 
    	
08/10/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000080133
    	
 
    	
T2S R66W

SEC 2:   S2N2NESE
    	
 
    	
10.0000
    	
 
    	
5.0000
    	
 
    	
2.5000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100384
    	
 
    	
ART L   POLLARD
    	
 
    	
PETROSHARE   CORP
    	
 
    	
08/10/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000080139
    	
 
    	
T2S R66W

SEC 2:   LOT 1, KURTZ TRACT
    	
 
    	
5.0000
    	
 
    	
5.0000
    	
 
    	
2.5000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100385
    	
 
    	
J C   KOPECKY
    	
 
    	
PETROSHARE   CORP
    	
 
    	
08/10/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000080131
    	
 
    	
T2S R66W

SEC 2:   N2NENESE
    	
 
    	
10.0000
    	
 
    	
10.0000
    	
 
    	
5.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100387
    	
 
    	
SHIRLEY   STRAWMIER
    	
 
    	
PETROSHARE   CORP
    	
 
    	
08/10/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000080140
    	
 
    	
T2S R66W

SEC 2: A   PORTION OF THE SE BEING ALBECK

SUBDIVISION   LOT 1
    	
 
    	
5.0000
    	
 
    	
5.0000
    	
 
    	
2.5000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100388
    	
 
    	
JUAN   PEREZ-GUTIERREZ
    	
 
    	
PETROSHARE   CORP
    	
 
    	
08/10/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000080130
    	
 
    	
T2S R66W

SEC 2: A   SECTION OF THE SE BEING KURTZ TRACT LOT 2
    	
 
    	
5.0000
    	
 
    	
5.0000
    	
 
    	
2.5000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100389
    	
 
    	
JOE L   BAKER AND SHARLENE K BAKER, JOINT TENANTS
    	
 
    	
PETROSHARE   CORP
    	
 
    	
08/08/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000080132
    	
 
    	
T2S R66W

SEC 2:   LOT 1, CHAPMAN TRACT NO 2
    	
 
    	
5.0000
    	
 
    	
5.0000
    	
 
    	
2.5000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100390
    	
 
    	
DALE J   QUILLEN TRUSTEE AND ELSIE M QUILLEN TRUSTEE OF THE QUILLEN FAMILY TRUST DATED   APRIL 20, 2011
    	
 
    	
PETROSHARE   CORP
    	
 
    	
08/10/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000080499
    	
 
    	
T2S R66W

SEC 2: A   PORTION OF THE E2W2SWSE METES AND BOUNDS

PARCEL   MORE PARTICULARLY DESCRIBED IN THE LEASE
    	
 
    	
4.1330
    	
 
    	
4.1330
    	
 
    	
2.0665
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100391
    	
 
    	
JONATHAN   QUILLEN AND BRENNA QUILLEN, AS JOINT TENANTS
    	
 
    	
PETROSHARE   CORP
    	
 
    	
08/10/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000080134
    	
 
    	
T2S R66W

SEC 2:   E2W2SWSE, EXCEPT A METES AND BOUNDS PARCEL

MORE   PARTICULARLY DESCRIBED IN THE LEASE
    	
 
    	
5.9346
    	
 
    	
5.9346
    	
 
    	
2.9673
    	
 
    

 

44

 

	
Lease
    	
 
    	
Lessor Name
    	
 
    	
Lessee Name
    	
 
    	
Eff Date
    	
 
    	
Rec County
    	
 
    	
Book
    	
 
    	
Page
    	
 
    	
Entry
    	
 
    	
Legal Description
    	
 
    	
Gross Acres
    	
 
    	
Net Acres
    	
 
    	
PSC Net Acres
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100392
    	
 
    	
KENNETH   QUILLEN AND PAMELA QUILLEN, AS JOINT TENANTS
    	
 
    	
PETROSHARE   CORP
    	
 
    	
08/10/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000080135
    	
 
    	
T2S R66W

SEC 2:   E2W2W2SWSE
    	
 
    	
5.0344
    	
 
    	
5.0344
    	
 
    	
2.5172
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100393A
    	
 
    	
HASSAN   SAM NEKOUIE
    	
 
    	
PETROSHARE   CORP
    	
 
    	
08/08/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000087574
    	
 
    	
T2S R66W

SEC 2:   S2NWSE
    	
 
    	
20.0000
    	
 
    	
13.3333
    	
 
    	
6.6666
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100393B
    	
 
    	
TROY A   EID
    	
 
    	
PETROSHARE   CORP
    	
 
    	
08/08/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000087575
    	
 
    	
T2S R66W

SEC 2:   S2NWSE
    	
 
    	
20.0000
    	
 
    	
6.6667
    	
 
    	
3.3333
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100394
    	
 
    	
CAROLYN   SUE DAVIS AND ROBERT GLENN GOLLIHER, JOINT TENANTS
    	
 
    	
PETROSHARE   CORP
    	
 
    	
08/08/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000080138
    	
 
    	
T2S R66W

SEC 2:   BLOCK 1 SHADY TREES SUBDIVISION
    	
 
    	
10.0000
    	
 
    	
10.0000
    	
 
    	
0.5000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100395
    	
 
    	
HOWARD L   JONES
    	
 
    	
PETROSHARE   CORP
    	
 
    	
08/29/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000089092
    	
 
    	
T2S R66W

SEC 2: A   PORTION OF THE SE BEING CHAPMAN TRACT NO

2 LOT 2
    	
 
    	
5.0000
    	
 
    	
5.0000
    	
 
    	
2.5000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100397
    	
 
    	
BEN L   MORAN
    	
 
    	
PETROSHARE   CORP
    	
 
    	
09/01/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000080143
    	
 
    	
T2S R66W

SEC 2: A   PORTION OF THE SE BEING LOTS 1, 2, 3, 4,

2A, 3A,   4A AND 3B OF CHAPMAN TRACT NO 1
    	
 
    	
2.5000
    	
 
    	
2.5000
    	
 
    	
1.2500
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100398
    	
 
    	
KENNETH W   FINLEY, TRUSTEE OF THE KENNETH W AND PATRICIA A FINLEY TRUST DATED 09-20-2002
    	
 
    	
PETROSHARE   CORP
    	
 
    	
09/06/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000096715
    	
 
    	
T2S R66W

SEC 2: E2W2SESE
    	
 
    	
10.3670
    	
 
    	
10.3670
    	
 
    	
5.1835
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100400
    	
 
    	
JORGE   MARTINEZ AND EDITH MELENDEZ
    	
 
    	
PETROSHARE   CORP
    	
 
    	
09/19/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000086714
    	
 
    	
T1S R67W

SEC 28:   GLENEAGLE ESTATES SUBDIVISION, AMENDMENT

2, BLOCK   7, LOT 6
    	
 
    	
0.8251
    	
 
    	
0.8251
    	
 
    	
0.4125
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100401
    	
 
    	
MARY   PAULINE QUINBY, A/K/A MARY P QUINBY, A/K/A M PAULINE QUINBY
    	
 
    	
PETROSHARE   CORP
    	
 
    	
08/25/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000086407
    	
 
    	
T2S R66W

SEC 2:   S2E2E2SESE
    	
 
    	
5.0300
    	
 
    	
5.0300
    	
 
    	
2.5150
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100402
    	
 
    	
WILLIAM R   DALKE
    	
 
    	
PETROSHARE   CORP
    	
 
    	
05/02/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000093481
    	
 
    	
T1S R67W

SEC 28:   BLOCK 4, LOT 3 OF THE VILLAGES AT

RIVERDALE   FILING #3
    	
 
    	
0.1943
    	
 
    	
0.1943
    	
 
    	
0.0972
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100403
    	
 
    	
KENNETH W   FINLEY, WIDOWER AND THE SURVIVING JOINT TENANT OF PATRICIA A FINLEY
    	
 
    	
PETROSHARE   CORP
    	
 
    	
09/06/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000086419
    	
 
    	
T2S R66W

SEC 2:   E2W2W2SESE
    	
 
    	
5.0000
    	
 
    	
5.0000
    	
 
    	
2.5000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100404
    	
 
    	
RYAN M   DANTINO AND KERRI L DANTINO, AS JOINT TENANTS
    	
 
    	
PETROSHARE   CORP
    	
 
    	
11/02/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000098777
    	
 
    	
T1S R67W

SEC 28:   BLOCK 3, LOT 6 OF THE VILLAGES AT

RIVERDALE   FILING #1
    	
 
    	
0.1933
    	
 
    	
0.1933
    	
 
    	
0.0966
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100405
    	
 
    	
CHRISTOPHER   R ANDREGG AND JAMI ANDREGG F/K/A JAMI SEVERANCE, AS JOINT TENANTS
    	
 
    	
PETROSHARE   CORP
    	
 
    	
11/02/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000098776
    	
 
    	
T1S R67W

SEC 28:   BLOCK 2, LOT 10A OF THE VILLAGES AT

RIVERDALE   FILING #3, AMENDMENT #1
    	
 
    	
0.2089
    	
 
    	
0.2089
    	
 
    	
0.1045
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100406
    	
 
    	
EVA E   TOEDTLI, BY MARK W TOEDTLI ATTORNEY IN FACT
    	
 
    	
PETROSHARE   CORP
    	
 
    	
10/31/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2018000002803
    	
 
    	
T2S R66W

SEC 2:   W2W2W2SWSE
    	
 
    	
5.0000
    	
 
    	
2.5000
    	
 
    	
1.2500
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100407
    	
 
    	
DEBRA K   YOUNG
    	
 
    	
PETROSHARE   CORP
    	
 
    	
11/01/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000104731
    	
 
    	
T1S R67W

SEC 28:   BLOCK 6, LOT 5 OF THE VILLAGES AT

RIVERDALE   FILING 3
    	
 
    	
0.1793
    	
 
    	
0.1793
    	
 
    	
0.0896
    	
 
    

 

45

 

	
Lease
    	
 
    	
Lessor Name
    	
 
    	
Lessee Name
    	
 
    	
Eff Date
    	
 
    	
Rec County
    	
 
    	
Book
    	
 
    	
Page
    	
 
    	
Entry
    	
 
    	
Legal Description
    	
 
    	
Gross Acres
    	
 
    	
Net Acres
    	
 
    	
PSC Net Acres
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100408
    	
 
    	
ANDREW J   BARGA AND REBECCA BARGA, AS JOINT TENANTS
    	
 
    	
PETROSHARE   CORP
    	
 
    	
10/23/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000105259
    	
 
    	
T1S R67W

SEC 28:   BLOCK 9, LOT 3 OF THE VILLAGES AT

RIVERDALE   FILING #2, AMENDMENT #0
    	
 
    	
0.2400
    	
 
    	
0.2400
    	
 
    	
0.1200
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100409
    	
 
    	
STATE CO   70/8160-S
    	
 
    	
PAN   AMERICAN PETROLEUM CORPORATION
    	
 
    	
06/02/70
    	
 
    	
ADAMS
    	
 
    	
1974
    	
 
    	
711
    	
 
    	
68588
    	
 
    	
T2S R66W

SEC 16:   SWNE, NESW, N2SE, SWSE
    	
 
    	
200.0000
    	
 
    	
0.0000
    	
 
    	
0.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100410
    	
 
    	
UNION   PACIFIC RESOURCES COMPANY
    	
 
    	
ENERGY   MINERALS CORPORATION
    	
 
    	
03/24/92
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
B1075551
    	
 
    	
T1S R65W

SEC 9: SE   (LIMITED TO DEPTHS FROM THE SURFACE OF

THE EARTH   TO 8154’ SUB SURFACE)
    	
 
    	
160.0000
    	
 
    	
160.0000
    	
 
    	
56.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100411
    	
 
    	
AMOCO   PRODUCTION COMPANY
    	
 
    	
CHAMPLIN   PETROLEUM COMPANY
    	
 
    	
05/24/72
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
969029
    	
 
    	
T1S R65W

SEC 17:   NW
    	
 
    	
160.0000
    	
 
    	
160.0000
    	
 
    	
56.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100412
    	
 
    	
JOSEPH A   MURRAY
    	
 
    	
MID-CONTINENT   ENERGY, LLC
    	
 
    	
01/27/17
    	
 
    	
ADAMS
    	
 
    	
 
    	
 
    	
 
    	
 
    	
2017000008279
    	
 
    	
T1S R66W

SEC 17:   W2SWSE
    	
 
    	
20.0000
    	
 
    	
20.0000
    	
 
    	
7.5000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100413
    	
 
    	
ED JORDAN   AND JULIE A JORDAN, AS JOINT TENANTS
    	
 
    	
MORNING   GUN EXPLORATION LLC
    	
 
    	
05/08/17
    	
 
    	
WELD
    	
 
    	
 
    	
 
    	
 
    	
 
    	
4316511
    	
 
    	
T7N R63W

SEC 24:   W2NW, LESS A TRACT OF LAND BEING THE

EASTERLY   200 FEET OF THE SOUTHERLY 400 FEET OF THE

W2NW;   ALSO A TRACT OF LAND BEING THE WESTERLY 200

FEET OF   THE NORTHERLY 400 FEET OF THE E2NW
    	
 
    	
80.0000
    	
 
    	
40.0000
    	
 
    	
20.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100414
    	
 
    	
NEW   DIRECTION IRA FBO JULIE A JORDAN IRA 05070772
    	
 
    	
MORNING   GUN EXPLORATION LLC
    	
 
    	
05/08/17
    	
 
    	
WELD
    	
 
    	
 
    	
 
    	
 
    	
 
    	
4316510
    	
 
    	
T7N R63W

SEC 24:   THAT PART OF THE E2NW AS MORE

PARTICULARLY   DESCRIBED IN THE LEASE
    	
 
    	
80.0000
    	
 
    	
80.0000
    	
 
    	
40.0000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
100415
    	
 
    	
LARS T   ROESCH AND SYLVIA ROESCH, HUSBAND AND WIFE
    	
 
    	
MORNING   GUN EXPLORATION LLC
    	
 
    	
04/28/17
    	
 
    	
WELD
    	
 
    	
 
    	
 
    	
 
    	
 
    	
4312247
    	
 
    	
T7N R63W

SEC   14: N2
    	
 
    	
320.0000
    	
 
    	
320.0000
    	
 
    	
160.0000
    	
 
    

 

46

 

	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
Surface
    	
 
    	
 
    
	
Well Name
    	
 
    	
API #
    	
 
    	
County
    	
 
    	
Twp
    	
 
    	
Rng
    	
 
    	
Sec
    	
 
    	
Loc
    	
 
    	
Operator
    
	
ABBOTT LANDS #21-35
    	
 
    	
05-123-11459
    	
 
    	
WELD
    	
 
    	
1N
    	
 
    	
64W
    	
 
    	
35
    	
 
    	
NENW
    	
 
    	
PETROSHARE CORP
    
	
ABBOTT LANDS #3
    	
 
    	
05-123-11147
    	
 
    	
WELD
    	
 
    	
1N
    	
 
    	
64W
    	
 
    	
35
    	
 
    	
SWNW
    	
 
    	
PETROSHARE CORP
    
	
AMBUSH 13-22
    	
 
    	
05-001-09092
    	
 
    	
ADAMS
    	
 
    	
2S
    	
 
    	
64W
    	
 
    	
22
    	
 
    	
NWSW
    	
 
    	
PETROSHARE CORP
    
	
AMBUSH 23-22
    	
 
    	
05-001-09052
    	
 
    	
ADAMS
    	
 
    	
2S
    	
 
    	
64W
    	
 
    	
22
    	
 
    	
NESW
    	
 
    	
PETROSHARE CORP
    
	
AMBUSH 24-22
    	
 
    	
05-001-09106
    	
 
    	
ADAMS
    	
 
    	
2S
    	
 
    	
64W
    	
 
    	
22
    	
 
    	
SESW
    	
 
    	
PETROSHARE CORP
    
	
AMBUSH 31-22 N/C
    	
 
    	
05-001-09126
    	
 
    	
ADAMS
    	
 
    	
2S
    	
 
    	
64W
    	
 
    	
22
    	
 
    	
NWNE
    	
 
    	
HRM RESOURCES II LLC
    
	
AMBUSH 34-22
    	
 
    	
05-001-09070
    	
 
    	
ADAMS
    	
 
    	
2S
    	
 
    	
64W
    	
 
    	
22
    	
 
    	
SWSE
    	
 
    	
PETROSHARE CORP
    
	
AMBUSH 44-22
    	
 
    	
05-001-09072
    	
 
    	
ADAMS
    	
 
    	
2S
    	
 
    	
64W
    	
 
    	
22
    	
 
    	
SESE
    	
 
    	
PETROSHARE CORP
    
	
AMOCO STATE 41-16
    	
 
    	
05-001-09558
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
65W
    	
 
    	
16
    	
 
    	
NENE
    	
 
    	
PETROSHARE CORP
    
	
AMOCO STATE 42-16
    	
 
    	
05-001-08669
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
65W
    	
 
    	
16
    	
 
    	
SENE
    	
 
    	
PETROSHARE CORP
    
	
AMOCO STATE 43-16
    	
 
    	
05-001-08703
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
65W
    	
 
    	
16
    	
 
    	
NESE
    	
 
    	
PETROSHARE CORP
    
	
ANTELOPE FARMS 23-27
    	
 
    	
05-001-08697
    	
 
    	
ADAMS
    	
 
    	
2S
    	
 
    	
63W
    	
 
    	
27
    	
 
    	
NESW
    	
 
    	
PETROSHARE CORP
    
	
BEISEL 42-1
    	
 
    	
05-001-09293
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
68W
    	
 
    	
1
    	
 
    	
SENE
    	
 
    	
PETROSHARE CORP
    
	
BRADBURY A-1
    	
 
    	
05-001-08138
    	
 
    	
ADAMS
    	
 
    	
2S
    	
 
    	
60W
    	
 
    	
13
    	
 
    	
NWNW
    	
 
    	
PETROSHARE CORP
    
	
BREDEHOFT 13-6
    	
 
    	
05-001-09291
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
6
    	
 
    	
NWSW
    	
 
    	
PETROSHARE CORP
    
	
BRIGHTON LAKES 20-17-1NAH
    	
 
    	
05-001-10087
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
66W
    	
 
    	
20
    	
 
    	
SESW
    	
 
    	
PETROSHARE CORP
    
	
BRIGHTON LAKES 20-17-1NBH
    	
 
    	
05-001-10086
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
66W
    	
 
    	
20
    	
 
    	
SESW
    	
 
    	
PETROSHARE CORP
    
	
BRIGHTON LAKES 20-17-1NBH
    	
 
    	
05-001-10086
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
66W
    	
 
    	
20
    	
 
    	
SESW
    	
 
    	
PETROSHARE CORP
    
	
BRIGHTON LAKES 20-17-2CDH
    	
 
    	
05-001-10084
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
66W
    	
 
    	
20
    	
 
    	
SESW
    	
 
    	
PETROSHARE CORP
    
	
BRIGHTON LAKES 20-17-2NBH
    	
 
    	
05-001-10085
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
66W
    	
 
    	
20
    	
 
    	
SESW
    	
 
    	
PETROSHARE CORP
    
	
BRIGHTON LAKES 20-17-2NCH
    	
 
    	
05-001-10089
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
66W
    	
 
    	
20
    	
 
    	
SESW
    	
 
    	
PETROSHARE CORP
    
	
BRIGHTON LAKES 20-17-3NBH
    	
 
    	
05-001-10088
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
66W
    	
 
    	
20
    	
 
    	
SESW
    	
 
    	
PETROSHARE CORP
    
	
BRNAK 33-31
    	
 
    	
05-123-11906
    	
 
    	
WELD
    	
 
    	
1N
    	
 
    	
63W
    	
 
    	
31
    	
 
    	
NWSE
    	
 
    	
PETROSHARE CORP
    
	
BRUCHEZ 1
    	
 
    	
05-005-06531
    	
 
    	
ARAPAHOE
    	
 
    	
4S
    	
 
    	
63W
    	
 
    	
35
    	
 
    	
NWSE
    	
 
    	
PETROSHARE CORP
    
	
CARLSON 12-18 N/C
    	
 
    	
05-001-09709
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
18
    	
 
    	
SWNW
    	
 
    	
GREAT WESTERN OPERATING COMPANY   LLC
    
	
CHAPMAN 1
    	
 
    	
05-001-07810
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
64W
    	
 
    	
28
    	
 
    	
NWSE
    	
 
    	
PETROSHARE CORP
    
	
COMPTON 34-27
    	
 
    	
05-001-08733
    	
 
    	
ADAMS
    	
 
    	
2S
    	
 
    	
63W
    	
 
    	
27
    	
 
    	
SWSE
    	
 
    	
PETROSHARE CORP
    
	
CORCILIUS 6E-203
    	
 
    	
05-001-09916
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
6
    	
 
    	
NWNW
    	
 
    	
PETROSHARE CORP
    

 

 

	
CORCILIUS 6E-223
    	
 
    	
05-001-09919
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
6
    	
 
    	
NWNW
    	
 
    	
PETROSHARE CORP
    
	
CORCILIUS 6E-323
    	
 
    	
05-001-09914
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
6
    	
 
    	
NWNW
    	
 
    	
PETROSHARE CORP
    
	
CORCILIUS 6J-203
    	
 
    	
05-001-09920
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
6
    	
 
    	
NWNW
    	
 
    	
PETROSHARE CORP
    
	
CORCILIUS 6J-303
    	
 
    	
05-001-09917
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
6
    	
 
    	
NWNW
    	
 
    	
PETROSHARE CORP
    
	
CORCILIUS 6J-443
    	
 
    	
05-001-09918
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
6
    	
 
    	
NWNW
    	
 
    	
PETROSHARE CORP
    
	
CORCILIUS 6M-243
    	
 
    	
05-001-09921
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
6
    	
 
    	
NWNW
    	
 
    	
PETROSHARE CORP
    
	
CORCILIUS 6M-343
    	
 
    	
05-001-09915
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
6
    	
 
    	
NWNW
    	
 
    	
PETROSHARE CORP
    
	
DANFORD-CHAMPLIN 14-8
    	
 
    	
05-001-09321
    	
 
    	
ADAMS
    	
 
    	
3S
    	
 
    	
64W
    	
 
    	
8
    	
 
    	
SWSW
    	
 
    	
PETROSHARE CORP
    
	
E. MILLER TRUST 44-17
    	
 
    	
05-039-06581
    	
 
    	
ELBERT
    	
 
    	
6S
    	
 
    	
64W
    	
 
    	
17
    	
 
    	
SESE
    	
 
    	
PETROSHARE CORP
    
	
EHLER 44-4
    	
 
    	
05-001-09379
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
4
    	
 
    	
SESE
    	
 
    	
PETROSHARE CORP
    
	
EVERITT 43-19
    	
 
    	
05-039-06506
    	
 
    	
ELBERT
    	
 
    	
6S
    	
 
    	
64W
    	
 
    	
19
    	
 
    	
NESE
    	
 
    	
PETROSHARE CORP
    
	
FRONT RANGE 4
    	
 
    	
05-001-08750
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
18
    	
 
    	
NWNE
    	
 
    	
PETROSHARE CORP
    
	
GASPAR 11-1
    	
 
    	
05-001-09396
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
68W
    	
 
    	
1
    	
 
    	
NWNW
    	
 
    	
PETROSHARE CORP
    
	
GUTHRIE 12-2
    	
 
    	
05-001-09564
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
2
    	
 
    	
SWNW
    	
 
    	
PETROSHARE CORP
    
	
GUTHRIE 21-2
    	
 
    	
05-001-09463
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
2
    	
 
    	
NENW
    	
 
    	
PETROSHARE CORP
    
	
GUTHRIE 22-2
    	
 
    	
05-001-09389
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
2
    	
 
    	
SENW
    	
 
    	
PETROSHARE CORP
    
	
GUTHRIE 31-2
    	
 
    	
05-001-09541
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
2
    	
 
    	
NWNE
    	
 
    	
PETROSHARE CORP
    
	
GUTHRIE 41-2
    	
 
    	
05-001-09540
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
2
    	
 
    	
NENE
    	
 
    	
PETROSHARE CORP
    
	
GUTHRIE 42-2
    	
 
    	
05-001-09563
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
2
    	
 
    	
SENE
    	
 
    	
PETROSHARE CORP
    
	
GUTHRIE ABNER 1
    	
 
    	
05-001-06251
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
2
    	
 
    	
SWNE
    	
 
    	
PETROSHARE CORP
    
	
HABEL A-1
    	
 
    	
05-001-06571
    	
 
    	
ADAMS
    	
 
    	
2S
    	
 
    	
62W
    	
 
    	
22
    	
 
    	
SENW
    	
 
    	
PETROSHARE CORP
    
	
HABEL A-2
    	
 
    	
05-001-09429
    	
 
    	
ADAMS
    	
 
    	
2S
    	
 
    	
62W
    	
 
    	
22
    	
 
    	
NWSW
    	
 
    	
PETROSHARE CORP
    
	
HABEL B-1
    	
 
    	
05-001-06615
    	
 
    	
ADAMS
    	
 
    	
2S
    	
 
    	
62W
    	
 
    	
23
    	
 
    	
SWNW
    	
 
    	
PETROSHARE CORP
    
	
HAREN K 21-28
    	
 
    	
05-123-28122
    	
 
    	
WELD
    	
 
    	
4N
    	
 
    	
66W
    	
 
    	
16
    	
 
    	
SESW
    	
 
    	
NOBLE ENERGY INC
    
	
HAREN K 21-29
    	
 
    	
05-123-28123
    	
 
    	
WELD
    	
 
    	
4N
    	
 
    	
66W
    	
 
    	
16
    	
 
    	
SWSW
    	
 
    	
NOBLE ENERGY INC
    
	
HARTNAGLE 14-35
    	
 
    	
05-001-08473
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
64W
    	
 
    	
35
    	
 
    	
SWSW
    	
 
    	
PETROSHARE CORP
    
	
JACOBUCCI 32K-243
    	
 
    	
05-123-41170
    	
 
    	
ADAMS
    	
 
    	
1N
    	
 
    	
67W
    	
 
    	
32
    	
 
    	
NWSW
    	
 
    	
PDC ENERGY, INC
    
	
JACOBUCCI 32K-323
    	
 
    	
05-123-41168
    	
 
    	
ADAMS
    	
 
    	
1N
    	
 
    	
67W
    	
 
    	
32
    	
 
    	
NWSW
    	
 
    	
PDC ENERGY, INC
    
	
JACOBUCCI 32K-403
    	
 
    	
05-123-41169
    	
 
    	
ADAMS
    	
 
    	
1N
    	
 
    	
67W
    	
 
    	
32
    	
 
    	
NWSW
    	
 
    	
PDC ENERGY, INC
    
	
JACOBUCCI 32K-443
    	
 
    	
05-123-41250
    	
 
    	
ADAMS
    	
 
    	
1N
    	
 
    	
67W
    	
 
    	
32
    	
 
    	
NWSW
    	
 
    	
PDC ENERGY, INC
    
	
JACOBUCCI 32O-203
    	
 
    	
05-123-41184
    	
 
    	
ADAMS
    	
 
    	
1N
    	
 
    	
67W
    	
 
    	
32
    	
 
    	
NESW
    	
 
    	
PDC ENERGY, INC
    
	
JACOBUCCI 32O-303
    	
 
    	
05-123-41191
    	
 
    	
ADAMS
    	
 
    	
1N
    	
 
    	
67W
    	
 
    	
32
    	
 
    	
NESW
    	
 
    	
PDC ENERGY, INC
    
	
JACOBUCCI 32O-423
    	
 
    	
05-123-41193
    	
 
    	
ADAMS
    	
 
    	
1N
    	
 
    	
67W
    	
 
    	
32
    	
 
    	
NESW
    	
 
    	
PDC ENERGY, INC
    
	
JACOBUCCI 32O-443
    	
 
    	
05-123-41190
    	
 
    	
ADAMS
    	
 
    	
1N
    	
 
    	
67W
    	
 
    	
32
    	
 
    	
NESW
    	
 
    	
PDC ENERGY, INC
    
	
JACOBUCCI 32S-203
    	
 
    	
05-123-41941
    	
 
    	
ADAMS
    	
 
    	
1N
    	
 
    	
67W
    	
 
    	
32
    	
 
    	
NWSE
    	
 
    	
PDC ENERGY, INC
    
	
JACOBUCCI 32S-303
    	
 
    	
05-123-41942
    	
 
    	
ADAMS
    	
 
    	
1N
    	
 
    	
67W
    	
 
    	
32
    	
 
    	
NWSE
    	
 
    	
PDC ENERGY, INC
    

 

 

	
JACOBUCCI 32S-323
    	
 
    	
05-123-41940
    	
 
    	
ADAMS
    	
 
    	
1N
    	
 
    	
67W
    	
 
    	
32
    	
 
    	
NWSE
    	
 
    	
PDC ENERGY, INC
    
	
JACOBUCCI 32S-343
    	
 
    	
05-123-41944
    	
 
    	
ADAMS
    	
 
    	
1N
    	
 
    	
67W
    	
 
    	
32
    	
 
    	
NWSE
    	
 
    	
PDC ENERGY, INC
    
	
JACOBUCCI 32S-403
    	
 
    	
05-123-41943
    	
 
    	
ADAMS
    	
 
    	
1N
    	
 
    	
67W
    	
 
    	
32
    	
 
    	
NWSE
    	
 
    	
PDC ENERGY, INC
    
	
JACOBUCCI 32S-423
    	
 
    	
05-123-42023
    	
 
    	
ADAMS
    	
 
    	
1N
    	
 
    	
67W
    	
 
    	
32
    	
 
    	
NWSE
    	
 
    	
PDC ENERGY, INC
    
	
KALCEVIC 22-3
    	
 
    	
05-001-08362
    	
 
    	
ADAMS
    	
 
    	
2S
    	
 
    	
63W
    	
 
    	
3
    	
 
    	
SENW
    	
 
    	
PETROSHARE CORP
    
	
KALCEVIC 24-3
    	
 
    	
05-001-08506
    	
 
    	
ADAMS
    	
 
    	
2S
    	
 
    	
63W
    	
 
    	
3
    	
 
    	
SESW
    	
 
    	
PETROSHARE CORP
    
	
KALCEVIC 33-3
    	
 
    	
05-001-08480
    	
 
    	
ADAMS
    	
 
    	
2S
    	
 
    	
63W
    	
 
    	
3
    	
 
    	
NWSE
    	
 
    	
PETROSHARE CORP
    
	
KISSLER 1
    	
 
    	
05-123-10935
    	
 
    	
WELD
    	
 
    	
4N
    	
 
    	
66W
    	
 
    	
21
    	
 
    	
NENW
    	
 
    	
PETROSHARE CORP
    
	
KISSLER 2
    	
 
    	
05-123-23527
    	
 
    	
WELD
    	
 
    	
4N
    	
 
    	
66W
    	
 
    	
21
    	
 
    	
NWNW
    	
 
    	
PETROSHARE CORP
    
	
KISSLER K21-18D
    	
 
    	
05-123-31502
    	
 
    	
WELD
    	
 
    	
4N
    	
 
    	
66W
    	
 
    	
21
    	
 
    	
NESW
    	
 
    	
NOBLE ENERGY INC
    
	
KOWACH #3-25
    	
 
    	
05-081-07779
    	
 
    	
MOFFAT
    	
 
    	
6N
    	
 
    	
90W
    	
 
    	
6
    	
 
    	
LOT 11
    	
 
    	
PETROSHARE CORP
    
	
LAYTON GREEN 1 N/C
    	
 
    	
05-001-06281
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
18
    	
 
    	
SWSW
    	
 
    	
GREAT WESTERN OPERATING COMPANY   LLC
    
	
LEISLE 8-5
    	
 
    	
05-001-08696
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
8
    	
 
    	
NENE
    	
 
    	
PETROSHARE CORP
    
	
LW MOORE GAS UNIT #1
    	
 
    	
05-001-07074
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
10
    	
 
    	
NENE
    	
 
    	
PETROSHARE CORP
    
	
MARCUS LD 11-374HC N/C
    	
 
    	
05-123-42585
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
11
    	
 
    	
SESE
    	
 
    	
GREAT WESTERN OPERATING COMPANY   LLC
    
	
MARCUS LD 11-374HN N/C
    	
 
    	
05-123-41121
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
11
    	
 
    	
SESE
    	
 
    	
GREAT WESTERN OPERATING COMPANY   LLC
    
	
MARCUS LD 11-376HN N/C
    	
 
    	
05-123-42588
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
11
    	
 
    	
SESE
    	
 
    	
GREAT WESTERN OPERATING COMPANY   LLC
    
	
MARCUS LD 11-377HC N/C
    	
 
    	
05-123-41131
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
11
    	
 
    	
SESE
    	
 
    	
GREAT WESTERN OPERATING COMPANY   LLC
    
	
MARCUS LD 11-377HN N/C
    	
 
    	
05-123-42586
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
11
    	
 
    	
SESE
    	
 
    	
GREAT WESTERN OPERATING COMPANY   LLC
    
	
MARCUS LD 11-378HN N/C
    	
 
    	
05-123-42584
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
11
    	
 
    	
SESE
    	
 
    	
GREAT WESTERN OPERATING COMPANY   LLC
    
	
MARCUS LD 11-379HC N/C
    	
 
    	
05-123-42587
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
11
    	
 
    	
SESE
    	
 
    	
GREAT WESTERN OPERATING COMPANY   LLC
    
	
MARCUS LD 11-379HN
    	
 
    	
05-123-42867
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
11
    	
 
    	
SESE
    	
 
    	
GREAT WESTERN OPERATING COMPANY   LLC
    
	
MARCUS LD 11-380HN
    	
 
    	
05-123-42866
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
11
    	
 
    	
SESE
    	
 
    	
GREAT WESTERN OPERATING COMPANY   LLC
    
	
MARLATT 1
    	
 
    	
05-001-08275
    	
 
    	
ADAMS
    	
 
    	
2S
    	
 
    	
64W
    	
 
    	
22
    	
 
    	
NWNW
    	
 
    	
PETROSHARE CORP
    
	
MARLATT 12-22
    	
 
    	
05-001-09078
    	
 
    	
ADAMS
    	
 
    	
2S
    	
 
    	
64W
    	
 
    	
22
    	
 
    	
SWNW
    	
 
    	
PETROSHARE CORP
    
	
MARLATT 21-22
    	
 
    	
05-001-09127
    	
 
    	
ADAMS
    	
 
    	
2S
    	
 
    	
64W
    	
 
    	
22
    	
 
    	
NENW
    	
 
    	
PETROSHARE CORP
    
	
MARLATT 22-22
    	
 
    	
05-001-09108
    	
 
    	
ADAMS
    	
 
    	
2S
    	
 
    	
64W
    	
 
    	
22
    	
 
    	
SENW
    	
 
    	
PETROSHARE CORP
    
	
MATHENA 1-15
    	
 
    	
05-014-08666
    	
 
    	
BROOMFIELD
    	
 
    	
1S
    	
 
    	
68W
    	
 
    	
15
    	
 
    	
NWNW
    	
 
    	
EXTRACTION OIL & GAS LLC
    
	
MUNDELL 12-21
    	
 
    	
05-001-08415
    	
 
    	
ADAMS
    	
 
    	
2S
    	
 
    	
64W
    	
 
    	
21
    	
 
    	
SWNW
    	
 
    	
PETROSHARE CORP
    
	
MUNDELL 23-15
    	
 
    	
05-001-09186
    	
 
    	
ADAMS
    	
 
    	
2S
    	
 
    	
64W
    	
 
    	
15
    	
 
    	
NESW
    	
 
    	
PETROSHARE CORP
    
	
MUNDELL 24-15
    	
 
    	
05-001-09130
    	
 
    	
ADAMS
    	
 
    	
2S
    	
 
    	
64W
    	
 
    	
15
    	
 
    	
SESW
    	
 
    	
PETROSHARE CORP
    
	
NORDMAN TRUST 32-20
    	
 
    	
05-039-06502
    	
 
    	
ELBERT
    	
 
    	
6S
    	
 
    	
64W
    	
 
    	
20
    	
 
    	
SWNE
    	
 
    	
PETROSHARE CORP
    
	
NORDMAN TRUST 33-20
    	
 
    	
05-039-06524
    	
 
    	
ELBERT
    	
 
    	
6S
    	
 
    	
64W
    	
 
    	
20
    	
 
    	
NWSE
    	
 
    	
PETROSHARE CORP
    
	
NORDMAN TRUST 41-20
    	
 
    	
05-039-06553
    	
 
    	
ELBERT
    	
 
    	
6S
    	
 
    	
64W
    	
 
    	
20
    	
 
    	
NENE
    	
 
    	
PETROSHARE CORP
    
	
NORDMAN TRUST 42-20X
    	
 
    	
05-039-06541
    	
 
    	
ELBERT
    	
 
    	
6S
    	
 
    	
64W
    	
 
    	
20
    	
 
    	
SENE
    	
 
    	
PETROSHARE CORP
    
	
NORTH HURON 1-22
    	
 
    	
05-001-09035
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
68W
    	
 
    	
22
    	
 
    	
NWNW
    	
 
    	
EXTRACTION OIL & GAS LLC
    

 

 

	
NORTH HURON 1-22 CN
    	
 
    	
05-001-09035
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
68W
    	
 
    	
22
    	
 
    	
NWNW
    	
 
    	
EXTRACTION OIL & GAS LLC
    
	
OTTER 1
    	
 
    	
05-001-08510
    	
 
    	
ADAMS
    	
 
    	
2S
    	
 
    	
66W
    	
 
    	
2
    	
 
    	
NESW
    	
 
    	
PETROSHARE CORP
    
	
OWENS K 21-30D
    	
 
    	
05-123-28167
    	
 
    	
WELD
    	
 
    	
4N
    	
 
    	
66W
    	
 
    	
17
    	
 
    	
SESE
    	
 
    	
NOBLE ENERGY INC
    
	
RHINE 01
    	
 
    	
05-005-06815
    	
 
    	
ARAPAHOE
    	
 
    	
5S
    	
 
    	
62W
    	
 
    	
29
    	
 
    	
NWSW
    	
 
    	
PETROSHARE CORP
    
	
RIVERDALE 15-2-11HC
    	
 
    	
05-001-09926
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
14
    	
 
    	
NWSW
    	
 
    	
WARD PETROLEUM CORPORATION
    
	
RUNNING CREEK 11-21
    	
 
    	
05-039-06558
    	
 
    	
ELBERT
    	
 
    	
6S
    	
 
    	
64W
    	
 
    	
21
    	
 
    	
NWNW
    	
 
    	
PETROSHARE CORP
    
	
SACK 11-6
    	
 
    	
05-001-09464
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
6
    	
 
    	
NWNW
    	
 
    	
PETROSHARE CORP
    
	
SACK 12-6
    	
 
    	
05-001-09391
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
6
    	
 
    	
SWNW
    	
 
    	
PETROSHARE CORP
    
	
SACK 23-6
    	
 
    	
05-001-09578
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
6
    	
 
    	
SENW
    	
 
    	
PETROSHARE CORP
    
	
SELTZER G U 2-4
    	
 
    	
05-001-09025
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
4
    	
 
    	
NWSE
    	
 
    	
PETROSHARE CORP
    
	
SHOOK 3-10-1CDH
    	
 
    	
05-001-09968
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
3
    	
 
    	
NWSE
    	
 
    	
PETROSHARE CORP
    
	
SHOOK 3-10-1NAH
    	
 
    	
05-001-09978
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
3
    	
 
    	
NWSE
    	
 
    	
PETROSHARE CORP
    
	
SHOOK 3-10-1NBH
    	
 
    	
05-001-09970
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
3
    	
 
    	
NWSE
    	
 
    	
PETROSHARE CORP
    
	
SHOOK 3-10-1NCH
    	
 
    	
05-001-09975
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
3
    	
 
    	
NWSE
    	
 
    	
PETROSHARE CORP
    
	
SHOOK 3-10-2CDH
    	
 
    	
05-001-09973
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
3
    	
 
    	
NWSE
    	
 
    	
PETROSHARE CORP
    
	
SHOOK 3-10-2NAH
    	
 
    	
05-001-09972
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
3
    	
 
    	
NWSE
    	
 
    	
PETROSHARE CORP
    
	
SHOOK 3-10-2NBH
    	
 
    	
05-001-09971
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
3
    	
 
    	
NWSE
    	
 
    	
PETROSHARE CORP
    
	
SHOOK 3-10-2NCH
    	
 
    	
05-001-09980
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
3
    	
 
    	
NWSE
    	
 
    	
PETROSHARE CORP
    
	
SHOOK 3-10-3CDH
    	
 
    	
05-001-09969
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
3
    	
 
    	
NWSE
    	
 
    	
PETROSHARE CORP
    
	
SHOOK 3-10-3NBH
    	
 
    	
05-001-09977
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
3
    	
 
    	
NWSE
    	
 
    	
PETROSHARE CORP
    
	
SHOOK 3-10-4CDH
    	
 
    	
05-001-09974
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
3
    	
 
    	
NWSE
    	
 
    	
PETROSHARE CORP
    
	
SHOOK 3-10-4NBH
    	
 
    	
05-001-09976
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
3
    	
 
    	
NWSE
    	
 
    	
PETROSHARE CORP
    
	
SHOOK 3-10-5CDH
    	
 
    	
05-001-09979
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
3
    	
 
    	
NWSE
    	
 
    	
PETROSHARE CORP
    
	
SHOOK 3-10-6CDH
    	
 
    	
05-001-09981
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
3
    	
 
    	
NWSE
    	
 
    	
PETROSHARE CORP
    
	
STATE OF COLORADO AB 1
    	
 
    	
05-001-06455
    	
 
    	
ADAMS
    	
 
    	
2S
    	
 
    	
66W
    	
 
    	
16
    	
 
    	
NESE
    	
 
    	
PETROSHARE CORP
    
	
STERKEL 21-1
    	
 
    	
05-001-09438
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
68W
    	
 
    	
1
    	
 
    	
NENW
    	
 
    	
PETROSHARE CORP
    
	
STEVENS 34-15
    	
 
    	
05-001-08741
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
65W
    	
 
    	
15
    	
 
    	
SWSE
    	
 
    	
PETROSHARE CORP
    
	
STONEHOCKER 32-8
    	
 
    	
05-001-09387
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
8
    	
 
    	
SWNE
    	
 
    	
PETROSHARE CORP
    
	
TSUZUKI 1
    	
 
    	
05-001-06713
    	
 
    	
WELD
    	
 
    	
4N
    	
 
    	
66W
    	
 
    	
21
    	
 
    	
NENE
    	
 
    	
PETROSHARE CORP
    
	
UNRUH 13-23
    	
 
    	
05-001-09430
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
65W
    	
 
    	
23
    	
 
    	
NWSW
    	
 
    	
PETROSHARE CORP
    
	
UNRUH 23-23
    	
 
    	
05-001-08340
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
65W
    	
 
    	
23
    	
 
    	
NESW
    	
 
    	
PETROSHARE CORP
    
	
VOLOSHIN #3-25
    	
 
    	
05-081-07778
    	
 
    	
MOFFAT
    	
 
    	
6N
    	
 
    	
90W
    	
 
    	
25
    	
 
    	
LOT 11
    	
 
    	
PETROSHARE CORP
    
	
WAGNER 12-19
    	
 
    	
05-001-08361
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
64W
    	
 
    	
19
    	
 
    	
SWNW
    	
 
    	
PETROSHARE CORP
    
	
WAILES 1
    	
 
    	
05-001-08210
    	
 
    	
ADAMS
    	
 
    	
2S
    	
 
    	
63W
    	
 
    	
8
    	
 
    	
NESE
    	
 
    	
PETROSHARE CORP
    
	
WAILES FARM 2-8
    	
 
    	
05-001-09033
    	
 
    	
ADAMS
    	
 
    	
2S
    	
 
    	
63W
    	
 
    	
8
    	
 
    	
SWNE
    	
 
    	
PETROSHARE CORP
    

 

 

	
WEIGANDT 43-3
    	
 
    	
05-001-09095
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
3
    	
 
    	
NESE
    	
 
    	
PETROSHARE CORP
    
	
WILLIAMS 44-27
    	
 
    	
05-001-08393
    	
 
    	
ADAMS
    	
 
    	
2S
    	
 
    	
64W
    	
 
    	
27
    	
 
    	
SESE
    	
 
    	
PETROSHARE CORP
    
	
WILLOW BEND LD 18-22HC N/C
    	
 
    	
05-001-09774
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
18
    	
 
    	
NENE
    	
 
    	
GREAT WESTERN OPERATING COMPANY   LLC
    
	
WILLOW BEND LD 18-22HN N/C
    	
 
    	
05-001-09772
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
18
    	
 
    	
NENE
    	
 
    	
GREAT WESTERN OPERATING COMPANY   LLC
    
	
WILLOW BEND LD 18-23HC N/C
    	
 
    	
05-001-09776
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
18
    	
 
    	
NENE
    	
 
    	
GREAT WESTERN OPERATING COMPANY   LLC
    
	
WILLOW BEND LD 18-23HN N/C
    	
 
    	
05-001-09773
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
18
    	
 
    	
NENE
    	
 
    	
GREAT WESTERN OPERATING COMPANY   LLC
    
	
WILLOW BEND LD 18-361HC N/C
    	
 
    	
05-001-09841
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
18
    	
 
    	
NENE
    	
 
    	
GREAT WESTERN OPERATING COMPANY   LLC
    
	
WILLOW BEND LD 18-361HN N/C
    	
 
    	
05-001-09832
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
18
    	
 
    	
NENE
    	
 
    	
GREAT WESTERN OPERATING COMPANY   LLC
    
	
WILLOW BEND LD 18-366HC N/C
    	
 
    	
05-001-09777
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
18
    	
 
    	
NENE
    	
 
    	
GREAT WESTERN OPERATING COMPANY   LLC
    
	
WILLOW BEND LD 18-37HN N/C
    	
 
    	
05-001-09775
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
18
    	
 
    	
NENE
    	
 
    	
GREAT WESTERN OPERATING COMPANY   LLC
    
	
WYMAN 34-6
    	
 
    	
05-001-09292
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
6
    	
 
    	
SWSE
    	
 
    	
PETROSHARE CORP
    
	
ZABKA K 21-31
    	
 
    	
05-123-26944
    	
 
    	
WELD
    	
 
    	
4N
    	
 
    	
66W
    	
 
    	
20
    	
 
    	
NENE
    	
 
    	
NOBLE ENERGY INC
    
	
ZARLENGO 14-4
    	
 
    	
05-001-09384
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
4
    	
 
    	
SWSW
    	
 
    	
PETROSHARE CORP
    
	
ZARLENGO 2
    	
 
    	
05-001-08810
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
4
    	
 
    	
NWNW
    	
 
    	
PETROSHARE CORP
    
	
ZARLENGO 21-4
    	
 
    	
05-001-09468
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
4
    	
 
    	
NENW
    	
 
    	
PETROSHARE CORP
    
	
ZARLENGO 23-4
    	
 
    	
05-001-09555
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
4
    	
 
    	
NESW
    	
 
    	
PETROSHARE CORP
    
	
ZARLENGO 24-4
    	
 
    	
05-001-09377
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
4
    	
 
    	
SESW
    	
 
    	
PETROSHARE CORP
    
	
MARCUS LD 11-361HNX
    	
 
    	
05-123-45381
    	
 
    	
ADAMS
    	
 
    	
1N
    	
 
    	
67W
    	
 
    	
34
    	
 
    	
SESE
    	
 
    	
GREAT WESTERN OPERATING COMPANY   LLC
    
	
MARCUS LD 11-361HN
    	
 
    	
05-123-43945
    	
 
    	
ADAMS
    	
 
    	
1N
    	
 
    	
67W
    	
 
    	
34
    	
 
    	
SESE
    	
 
    	
GREAT WESTERN OPERATING COMPANY   LLC
    
	
MARCUS LD 11-362HC
    	
 
    	
05-123-43991
    	
 
    	
ADAMS
    	
 
    	
1N
    	
 
    	
67W
    	
 
    	
34
    	
 
    	
SESE
    	
 
    	
GREAT WESTERN OPERATING COMPANY   LLC
    
	
MARCUS LD 11-362HN
    	
 
    	
05-123-43946
    	
 
    	
ADAMS
    	
 
    	
1N
    	
 
    	
67W
    	
 
    	
34
    	
 
    	
SESE
    	
 
    	
GREAT WESTERN OPERATING COMPANY   LLC
    
	
MARCUS LD 11-365HNX
    	
 
    	
05-123-45386
    	
 
    	
ADAMS
    	
 
    	
1N
    	
 
    	
67W
    	
 
    	
34
    	
 
    	
SESE
    	
 
    	
GREAT WESTERN OPERATING COMPANY   LLC
    
	
MARCUS LD 11-368HNX
    	
 
    	
05-123-45384
    	
 
    	
ADAMS
    	
 
    	
1N
    	
 
    	
67W
    	
 
    	
34
    	
 
    	
SESE
    	
 
    	
GREAT WESTERN OPERATING COMPANY   LLC
    
	
MARCUS LD 11-371HNX
    	
 
    	
05-123-45383
    	
 
    	
ADAMS
    	
 
    	
1N
    	
 
    	
67W
    	
 
    	
34
    	
 
    	
SESE
    	
 
    	
GREAT WESTERN OPERATING COMPANY   LLC
    
	
MARCUS LD 11-373HNX
    	
 
    	
05-123-45380
    	
 
    	
ADAMS
    	
 
    	
1N
    	
 
    	
67W
    	
 
    	
34
    	
 
    	
SESE
    	
 
    	
GREAT WESTERN OPERATING COMPANY   LLC
    
	
MARCUS LD 11-376HNX
    	
 
    	
05-123-45385
    	
 
    	
ADAMS
    	
 
    	
1N
    	
 
    	
67W
    	
 
    	
34
    	
 
    	
SESE
    	
 
    	
GREAT WESTERN OPERATING COMPANY   LLC
    
	
MARCUS LD 11-378HNX
    	
 
    	
05-123-45387
    	
 
    	
ADAMS
    	
 
    	
1N
    	
 
    	
67W
    	
 
    	
34
    	
 
    	
SESE
    	
 
    	
GREAT WESTERN OPERATING COMPANY   LLC
    
	
MARCUS LD 11-380HNX
    	
 
    	
05-123-45388
    	
 
    	
ADAMS
    	
 
    	
1N
    	
 
    	
67W
    	
 
    	
34
    	
 
    	
SESE
    	
 
    	
GREAT WESTERN OPERATING COMPANY   LLC
    
	
OCHO LD 17-363HN
    	
 
    	
05-001-10002
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
8
    	
 
    	
NENW
    	
 
    	
GREAT WESTERN OPERATING COMPANY   LLC
    
	
OCHO LD 17-364HC
    	
 
    	
05-001-09996
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
8
    	
 
    	
NENW
    	
 
    	
GREAT WESTERN OPERATING COMPANY   LLC
    
	
OCHO LD 17-364HN
    	
 
    	
05-001-10006
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
8
    	
 
    	
NENW
    	
 
    	
GREAT WESTERN OPERATING COMPANY   LLC
    
	
OCHO LD 17-365HC
    	
 
    	
 
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
8
    	
 
    	
NENW
    	
 
    	
GREAT WESTERN OPERATING COMPANY   LLC
    
	
OCHO LD 17-365HN
    	
 
    	
05-001-10001
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
8
    	
 
    	
NENW
    	
 
    	
GREAT WESTERN OPERATING COMPANY   LLC
    
	
OCHO LD 17-367HC
    	
 
    	
05-001-09993
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
8
    	
 
    	
NENW
    	
 
    	
GREAT WESTERN OPERATING COMPANY   LLC
    

 

 

	
OCHO LD 17-367HN
    	
 
    	
05-001-09994
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
8
    	
 
    	
NENW
    	
 
    	
GREAT WESTERN OPERATING COMPANY   LLC
    
	
OCHO LD 17-368HN
    	
 
    	
05-001-09997
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
8
    	
 
    	
NENW
    	
 
    	
GREAT WESTERN OPERATING COMPANY   LLC
    
	
OCHO LD 17-369HC
    	
 
    	
05-001-10000
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
8
    	
 
    	
NENW
    	
 
    	
GREAT WESTERN OPERATING COMPANY   LLC
    
	
OCHO LD 17-369HN
    	
 
    	
05-001-09998
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
8
    	
 
    	
NENW
    	
 
    	
GREAT WESTERN OPERATING COMPANY   LLC
    
	
OCHO LD 17-370HN
    	
 
    	
05-001-09987
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
8
    	
 
    	
NENW
    	
 
    	
GREAT WESTERN OPERATING COMPANY   LLC
    
	
OCHO LD 17-372HC
    	
 
    	
05-001-09986
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
8
    	
 
    	
NENW
    	
 
    	
GREAT WESTERN OPERATING COMPANY   LLC
    
	
OCHO LD 17-373HN
    	
 
    	
05-001-09990
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
8
    	
 
    	
NENW
    	
 
    	
GREAT WESTERN OPERATING COMPANY   LLC
    
	
OCHO LD 17-374HC
    	
 
    	
05-001-09996
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
8
    	
 
    	
NENW
    	
 
    	
GREAT WESTERN OPERATING COMPANY   LLC
    
	
OCHO LD 17-374HN
    	
 
    	
05-001-10006
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
8
    	
 
    	
NENW
    	
 
    	
GREAT WESTERN OPERATING COMPANY   LLC
    
	
OCHO LD 17-375HN
    	
 
    	
05-001-09992
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
8
    	
 
    	
NENW
    	
 
    	
GREAT WESTERN OPERATING COMPANY   LLC
    
	
OCHO LD 17-377HC
    	
 
    	
05-001-09989
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
8
    	
 
    	
NENW
    	
 
    	
GREAT WESTERN OPERATING COMPANY   LLC
    
	
OCHO LD 17-377HN
    	
 
    	
05-001-09991
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
8
    	
 
    	
NENW
    	
 
    	
GREAT WESTERN OPERATING COMPANY   LLC
    
	
OCHO LD 17-378HN
    	
 
    	
05-001-09988
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
8
    	
 
    	
NENW
    	
 
    	
GREAT WESTERN OPERATING COMPANY   LLC
    
	
KALLSEN A-1
    	
 
    	
05-001-09073
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
65W
    	
 
    	
9
    	
 
    	
SWSE
    	
 
    	
PETROSHARE CORP
    
	
CHAVEZ 7-17
    	
 
    	
05-001-09524
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
65W
    	
 
    	
17
    	
 
    	
SWNE
    	
 
    	
PETROSHARE CORP
    
	
MARCUS LD 11-363HN
    	
 
    	
05-123-44053
    	
 
    	
ADAMS
    	
 
    	
1N
    	
 
    	
67W
    	
 
    	
34
    	
 
    	
SESE
    	
 
    	
GREAT WESTERN OPERATING COMPANY   LLC
    
	
MARCUS LD 11-364HN
    	
 
    	
05-123-43994
    	
 
    	
ADAMS
    	
 
    	
1N
    	
 
    	
67W
    	
 
    	
34
    	
 
    	
SESE
    	
 
    	
GREAT WESTERN OPERATING COMPANY   LLC
    
	
MARCUS LD 11-365HC
    	
 
    	
05-123-43993
    	
 
    	
ADAMS
    	
 
    	
1N
    	
 
    	
67W
    	
 
    	
34
    	
 
    	
SESE
    	
 
    	
GREAT WESTERN OPERATING COMPANY   LLC
    
	
MARCUS LD 11-365HN
    	
 
    	
05-123-43995
    	
 
    	
ADAMS
    	
 
    	
1N
    	
 
    	
67W
    	
 
    	
34
    	
 
    	
SESE
    	
 
    	
GREAT WESTERN OPERATING COMPANY   LLC
    
	
MARCUS LD 11-367HN
    	
 
    	
05-123-44037
    	
 
    	
ADAMS
    	
 
    	
1N
    	
 
    	
67W
    	
 
    	
34
    	
 
    	
SESE
    	
 
    	
GREAT WESTERN OPERATING COMPANY   LLC
    
	
MARCUS LD 11-367HC
    	
 
    	
05-123-44038
    	
 
    	
ADAMS
    	
 
    	
1N
    	
 
    	
67W
    	
 
    	
34
    	
 
    	
SESE
    	
 
    	
GREAT WESTERN OPERATING COMPANY   LLC
    
	
MARCUS LD 11-368HN
    	
 
    	
05-123-44036
    	
 
    	
ADAMS
    	
 
    	
1N
    	
 
    	
67W
    	
 
    	
34
    	
 
    	
SESE
    	
 
    	
GREAT WESTERN OPERATING COMPANY   LLC
    
	
MARCUS LD 11-369HN
    	
 
    	
05-123-44041
    	
 
    	
ADAMS
    	
 
    	
1N
    	
 
    	
67W
    	
 
    	
34
    	
 
    	
SESE
    	
 
    	
GREAT WESTERN OPERATING COMPANY   LLC
    
	
MARCUS LD 11-370HC
    	
 
    	
05-123-44042
    	
 
    	
ADAMS
    	
 
    	
1N
    	
 
    	
67W
    	
 
    	
34
    	
 
    	
SESE
    	
 
    	
GREAT WESTERN OPERATING COMPANY   LLC
    
	
MARCUS LD 11-371HN
    	
 
    	
05-123-44040
    	
 
    	
ADAMS
    	
 
    	
1N
    	
 
    	
67W
    	
 
    	
34
    	
 
    	
SESE
    	
 
    	
GREAT WESTERN OPERATING COMPANY   LLC
    
	
MARCUS LD 11-372HN
    	
 
    	
05-123-44043
    	
 
    	
ADAMS
    	
 
    	
1N
    	
 
    	
67W
    	
 
    	
34
    	
 
    	
SESE
    	
 
    	
GREAT WESTERN OPERATING COMPANY   LLC
    
	
B FARM LD 18-034HC
    	
 
    	
05-001-10098
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
7
    	
 
    	
LOT1
    	
 
    	
GREAT WESTERN OPERATING COMPANY   LLC
    
	
B FARM LD 18-034HN
    	
 
    	
05-001-10095
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
7
    	
 
    	
LOT1
    	
 
    	
GREAT WESTERN OPERATING COMPANY   LLC
    
	
B FARM LD 18-036HN
    	
 
    	
05-001-10092
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
7
    	
 
    	
LOT1
    	
 
    	
GREAT WESTERN OPERATING COMPANY   LLC
    
	
B FARM LD 18-037HC
    	
 
    	
05-001-10091
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
7
    	
 
    	
LOT1
    	
 
    	
GREAT WESTERN OPERATING COMPANY   LLC
    
	
B FARM LD 18-039HC
    	
 
    	
05-001-10090
    	
 
    	
ADAMS
    	
 
    	
1S
    	
 
    	
67W
    	
 
    	
7
    	
 
    	
LOT1
    	
 
    	
GREAT WESTERN OPERATING COMPANY   LLC
    
	
MARCUS LD 11-372HC
    	
 
    	
05-123-44039
    	
 
    	
WELD
    	
 
    	
1N
    	
 
    	
67W
    	
 
    	
34
    	
 
    	
SESE
    	
 
    	
GREAT WESTERN OPERATING COMPANY   LLC
    
	
MARCUS LD 11-373HN
    	
 
    	
05-123-44053
    	
 
    	
WELD
    	
 
    	
41
    	
 
    	
67W
    	
 
    	
34
    	
 
    	
SESE
    	
 
    	
GREAT WESTERN OPERATING COMPANY   LLC
    

 

 

EXHIBIT A
 FORM OF PROMISSORY NOTE

 

	
$[                 ]
    	
 
    	
February 1, 2018
    

 

FOR VALUE RECEIVED, PETROSHARE CORP., a Colorado corporation (the “Borrower”), hereby promises to pay to the order of [          ] (the “Lender”), the principal sum of [TWENTY-FIVE MILLION DOLLARS ($25,000,000)] (or such lesser amount as shall equal the aggregate unpaid principal amount of the Loans made by the Lender to the Borrower under the Credit Agreement, as hereinafter defined), in lawful money of the United States of America and in immediately available funds, on the dates and in the principal amounts provided in the Credit Agreement, and to pay interest on the unpaid principal amount of each such Loan, at such office, in like money and funds, for the period commencing on the date of such Loan until such Loan shall be paid in full, at the rates per annum and on the dates provided in the Credit Agreement.

 

This Promissory Note (this “Note”) is the Note referred to in, and is subject to the terms of, the Secured Term Credit Agreement dated as of February 1, 2018 between the Borrower, the Lender, each other lender party thereto, and Providence Wattenberg, LP, as administrative agent to such lenders (in such capacity, the “Agent”), and evidences the Loan made by the Lender thereunder (such Credit Agreement as the same may be amended, amended and restated, supplemented or otherwise modified from time to time, the “Credit Agreement”).  Capitalized terms used in this Note have the respective meanings assigned to them in the Credit Agreement.

 

This Note is issued pursuant to the Credit Agreement and is entitled to the benefits provided for in the Credit Agreement and the other Loan Documents.  The Credit Agreement, among other things, (a) provides for the making of the Loans by the Lender to the Borrower in an aggregate amount not to exceed at any time outstanding the dollar amount first above mentioned, the indebtedness of the Borrower resulting from each such Loan being evidenced by this Note, and (b) provides for the acceleration of the maturity of this Note upon the occurrence of certain events, for prepayments of Loans upon the terms and conditions specified therein and other provisions relevant to this Note.

 

Both principal and interest are payable in lawful money of the United States of America to the Lender (or to the Agent on behalf of the Lender) at the location or address specified in writing by the Lender (or the Agent) to the Borrower in same day funds.  The date, amount, interest rate, and payment period of each Loan made by the Lender to the Borrower, and each payment made on account of the principal thereof, shall be recorded by the Lender on its books and, prior to any transfer of this Note, may be endorsed by the Lender on the schedules attached hereto or any continuation thereof or on any separate record maintained by the Lender.  Failure to make any such notation or to attach a schedule shall not affect any Lender’s or the Borrower’s rights or obligations in respect of such Loans or affect the validity of such transfer by any Lender of this Note.

 

This Note is secured by the Security Instruments.

 

1

 

Except as specifically provided in the Credit Agreement, the Borrower hereby waives presentment, demand, protest, notice of intent to accelerate, notice of acceleration, and any other notice of any kind.  No failure to exercise, and no delay in exercising, any rights hereunder on the part of the holder of this Note shall operate as a waiver of such rights.  In the event of any explicit or implicit conflict between any provision of this Note and any provision of the Credit Agreement, the terms of the Credit Agreement shall be controlling.

 

THIS NOTE SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE INTERNAL LAWS OF THE STATE OF COLORADO.

 

This Note and the other Loan Documents represent the final agreement among the parties and may not be contradicted by evidence of prior, contemporaneous, or subsequent oral agreements of the parties.  There are no unwritten oral agreements among the parties.

 

[Signature page follows]

 

2

 

EXECUTED as of the day and year first above written.

 

	
 
    	
PETROSHARE   CORP.,
    
	
 
    	
a   Colorado corporation
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
By:
    	
 
    
	
 
    	
Name:
    	
 
    
	
 
    	
Title:
    	
 
    

 

3

 

EXHIBIT B
 FORM OF COMPLIANCE CERTIFICATE

 

For the Period From           , 20     to           , 20   (“Calculation Period”)

 

The undersigned hereby certifies that he/she is the [          ] of PETROSHARE CORP., a Colorado corporation (the “Borrower”), and that as such he/she is authorized to execute this certificate on behalf of the Borrower.  With reference to the Secured Term Credit Agreement dated as of February 1, 2018 (as amended, restated, amended and restated, supplemented or otherwise modified from time to time, the “Agreement”) between the Borrower and Providence Wattenberg, LP, as Administrative Agent and Lender, and 5NR Wattenberg, LLC, as the lender, the Borrower represents and warrants as follows (each capitalized term used herein having the same meaning given to it in the Agreement unless otherwise specified):

 

There exists no Default or Event of Default [or specify Default, describe and describe any steps taken to rectify default].

 

Attached hereto as Schedule A is a detailed spreadsheet reflecting the calculations and computations necessary to determine whether the Borrower is in compliance with the Total Leverage Ratio and the PDP PV Coverage Ratio, as reflected in this certificate.

 

COMPLIANCE WITH TOTAL LEVERAGE RATIO                            YES        NO

 

COMPLIANCE WITH PDP PV COVERAGE RATIO                            YES        NO

 

[There has been no change in the application of GAAP to the financial statements being delivered in connection with this Compliance Certificate since the date of the most recently delivered financial statements.][The following changes have been made in the application of GAAP to the financial statements being delivered in connection with this Compliance Certificate, which changes have had the following effects on such financial statements: [               ].]

 

[Signature page follows.]

 

1

 

IN WITNESS THEREOF, I have hereto signed my name to this Compliance Certificate, in my capacity as a Financial Officer of the Borrower and not individually, as of                  , 20  .

 

	
 
    	
PETROSHARE   CORP.,
    
	
 
    	
a   Colorado corporation
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
By:
    	
 
    
	
 
    	
Name:
    	
 
    
	
 
    	
Title:
    	
 
    

 

Signature Page to Compliance Certificate

 

 

SCHEDULE A

 

 

EXHIBIT C

 LIST OF SECURITY INSTRUMENTS

 

Deed of Trust, Mortgage, Assignment of Production, Security Agreement and Financing Statement

 

 

Exhibit D

 

Form of Disbursement Request

EXAMPLE ONLY

Attached to that certain Credit Agreement by and between

PetroShare Corp (Borrower) and PEO/FNR (Lenders)

dated January 31, 2018.

 

 

EXCESS LIMIT AMOUNT            $ 1,000,000

 

	
Category
    	
 
    	
General Description
    	
 
    	
Vendor
    	
 
    	
Invoice Date
    	
 
    	
Due Date
    	
 
    	
Terms
    	
 
    	
Amount
    	
 
    	
Aging
    	
 
    
	
G&A
    	
 
    	
General Monthly G&A per Budget
    	
 
    	
Various
    	
 
    	
3/1/2018
    	
 
    	
3/1/2018
    	
 
    	
0
    	
 
    	
$
    	
550,000
    	
 
    	
0
    	
 
    
	
LOAN INTEREST EXPENSE
    	
 
    	
Monthly Secured Loan Interest Due
    	
 
    	
PEO/Fifth
    	
 
    	
3/1/2018
    	
 
    	
3/1/2018
    	
 
    	
0
    	
 
    	
$
    	
340,000
    	
 
    	
0
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
EXCESS LIMIT REQUEST - G&A
    	
 
    	
N/A
    	
 
    	
N/A
    	
 
    	
 
    	
 
    	
 
    	
 
    	
NET 15
    	
 
    	
$
    	
—
    	
 
    	
0
    	
 
    
	
EXCESS LIMIT REQUEST - DEBT   PAYOFF
    	
 
    	
N/A
    	
 
    	
N/A
    	
 
    	
 
    	
 
    	
 
    	
 
    	
NET 15
    	
 
    	
$
    	
—
    	
 
    	
0
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
DISTRIBUTION   REQUEST - G&A and INTEREST
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
$
    	
890,000
    	
 
    	
 
    	
 
    

 

	
Category
    	
 
    	
General Description
    	
 
    	
Vendor
    	
 
    	
Invoice Date
    	
 
    	
Due Date
    	
 
    	
Terms
    	
 
    	
Amount
    	
 
    	
Aging
    	
 
    
	
LAND
    	
 
    	
Lease Acquisition - Wakeman Pad
    40 acres @ $5000/acre
    	
 
    	
Company X
    	
 
    	
3/15/2018
    	
 
    	
3/31/2018
    	
 
    	
NET15
    	
 
    	
$
    	
200,000
    	
 
    	
15
    	
 
    
	
EXCESS LIMIT REQUEST - LAND
    	
 
    	
Lease Acquisition
    	
 
    	
Company Y
    	
 
    	
3/1/2018
    	
 
    	
3/31/2018
    	
 
    	
NET30
    	
 
    	
$
    	
—
    	
 
    	
0
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
DISTRIBUTION   REQUEST - LAND
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
$
    	
200,000
    	
 
    	
 
    	
 
    

 

	
Category
    	
 
    	
General Description
    	
 
    	
Vendor
    	
 
    	
Invoice Date
    	
 
    	
Due Date
    	
 
    	
Terms
    	
 
    	
Amount
    	
 
    	
Aging
    	
 
    
	
OPERATIONS
    	
 
    	
Working Capital & Op Expense
    	
 
    	
Various
    	
 
    	
3/1/2018
    	
 
    	
3/31/2018
    	
 
    	
NET30
    	
 
    	
$
    	
 200,000
    	
 
    	
15
    	
 
    
	
OPERATIONS
    	
 
    	
Drilling, Completion & Workover
    	
 
    	
Various
    	
 
    	
3/15/2018
    	
 
    	
3/31/2018
    	
 
    	
NET15
    	
 
    	
$
    	
 200,000
    	
 
    	
15
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
EXCESS LIMIT REQUEST - OPER
    	
 
    	
Halliburton - Stimulation - Shook
    	
 
    	
Halliburton
    	
 
    	
3/1/2018
    	
 
    	
3/31/2018
    	
 
    	
NET30
    	
 
    	
$
    	
 1,500,000
    	
 
    	
30
    	
 
    
	
 
    	
 
    	
Drilling Contractor - Brighton Lakes
    	
 
    	
Precision
    	
 
    	
3/15/2018
    	
 
    	
3/31/2018
    	
 
    	
NET30
    	
 
    	
$
    	
 1,000,000
    	
 
    	
30
    	
 
    
	
 
    	
 
    	
Tubulars
    	
 
    	
CTAP
    	
 
    	
3/1/2018
    	
 
    	
3/31/2018
    	
 
    	
NET30
    	
 
    	
$
    	
 1,600,000
    	
 
    	
30
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
DISTRIBUTION   REQUEST - OPERATING
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
$
    	
 4,500,000
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
TOTAL MONTHLY   DISTRIBUTION REQUEST
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
$
    	
   5,590,000
    	
 
    	
 
    	
 
    

 

	
Comments:
    	
 
    
	
 
    	
 
    
	
Date:
    	
(Insert Date)
    
	
For Month Ended:
    	
(Insert Month   Ended)
    
	
Amount   Requested:
    	
5,590,000 
    

 

The Borrower hereby certififies that there is currently no Default under the Credit Agreement and that no Default will result from the Distribution.

 

Respectfully submitted,

 

	
	
Paul D.   Maniscalco
    
	
Chief Financial   Officer
    
	
PetroShare Corp.
    

 

1

 

EXHIBIT E

Credit Agreement by and between PetroShare Corp (Borrower) and PEO/5NR (Lender(s)

 

PetroShare Corp

PDP PV Coverage Ratio Report

 

	
Coverage Ratio Report   Date:
    	
 
    	
August 31, 2018
    
	
Effective Reserve   Report Date:
    	
 
    	
June 30, 2018
    

 

PDP Coverage Ratio:

 

	
Total Term Loan Balance
    	
 
    	
25,000,000
    	
 
    
	
PDP - PV10 per   Reserve Report as updated
    	
 
    	
30,000,000
    	
 
    
	
Ratio
    	
 
    	
1.20
    	
 
    
	
Credit   Agreement PDP PV Ratio Requirement
    	
 
    	
1.10
    	
 
    
	
Excess   Coverage (Deficit)
    	
 
    	
0.10
    	
 
    

 

	
 
    	
 
    
	
Frederick J. Witsell
    	
 
    
	
President
    	
 
    
	
PetroShare Corp
    	
 
    

 

 

EXHIBIT F

NOTICE OF CONVERSION

 

To:                             PETROSHARE CORP.

 

The undersigned hereby elects to convert $                  principal amount of the Loans (as defined in the Credit Agreement between PetroShare, as Borrower, Providence Wattenberg, LP as Administrative Agent and Lender, and 5NR Wattenberg, LLC as Lender dated as of February 1, 2018) into shares of common stock of the PetroShare (“Common Stock”).  Capitalized terms used herein and not defined are defined in the Credit Agreement.

 

The undersigned further elects that the maximum principal amount permitted under the Credit Agreement be converted at the Minimum Conversion Price and the remainder be converted at the Maximum Conversion Price.  The undersigned understands that if the Common Stock into which the Loans are converted has not been registered under the Securities Act of 1933, as amended, and applicable state securities laws that the certificate representing the Common Stock will bear a restrictive legend as required by the provisions of those laws.

 

Please issue a certificate or certificates representing said shares of Common Stock in the name of the undersigned or in such other name as is specified below:

 

	
 
    	
 
    	
 
    
	
 
    	
(Name)
    
	
 
    
	
 
    	
 
    	
 
    
	
 
    	
(Address)
    
	
 
    	
 
    	
 
    

 

	
Dated:
    	
 
    	
 
    	
 
    
	
 
    	
 
    
	
 
    	
Signature
    

 

 

EXHIBIT G

NOTICE OF EXERCISE

 

To:                             PETROSHARE CORP.

 

The undersigned hereby elects to exercise its option to purchase shares of Common Stock (the “Common Stock”) of PETROSHARE CORP. (the “Company”), pursuant to the terms of Section 7.15(a) of the Credit Agreement between PetroShare, as Borrower, Providence Wattenberg, LP as Administrative Agent and Lender, and 5NR Wattenberg, LLC as Lender, dated as of February 1, 2018.  Please notify the undersigned as to the purchase price per share of Common Stock as determined in the Credit Agreement and the aggregate sales price of the Common Stock.  The undersigned hereby promises to pay to the Company the purchase price within 30 days of the date hereof.

 

The undersigned understands that if the Common Stock has not been registered under the Securities Act of 1933, as amended, and applicable state securities laws that the certificate representing the Common Stock will bear a restrictive legend as required by the provisions of those laws.

 

Please issue a certificate or certificates representing said shares of Common Stock in the name of the undersigned or in such other name as is specified below:

 

	
 
    	
 
    	
 
    
	
 
    	
(Name)
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
(Address)
    	
 
    
	
 
    	
 
    	
 
    

 

	
Dated:
    	
 
    	
 
    	
 
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
Signature
    

 

 

EXHIBIT H

 

NEITHER THIS WARRANT NOR THE SHARES ISSUABLE UPON EXERCISE HEREOF HAVE BEEN REGISTERED WITH THE UNITED STATES SECURITIES AND EXCHANGE COMMISSION (THE “COMMISSION”) OR THE SECURITIES COMMISSION OF ANY STATE PURSUANT TO AN EXEMPTION FROM REGISTRATION UNDER SECTION 4(A)(2) OF THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”) AND/OR REGULATION D PROMULGATED THEREUNDER.  NEITHER THIS WARRANT NOR THE SHARES ISSUABLE UPON EXERCISE HEREOF MAY BE SOLD, PLEDGED, TRANSFERRED OR ASSIGNED EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT AND UNDER APPLICABLE STATE SECURITIES LAWS, OR IN A TRANSACTION WHICH IS EXEMPT FROM REGISTRATION UNDER THE PROVISIONS OF THE SECURITIES ACT AND UNDER PROVISIONS OF APPLICABLE STATE SECURITIES LAWS.

 

Warrant 2018 P-

 

STOCK PURCHASE WARRANT

 

To Purchase [1,500,000] Shares of Common Stock of

 

PETROSHARE CORP.,

a Colorado corporation

 

THIS CERTIFIES that, for value received,                       , or assigns (the “Holder”), is entitled, upon the terms and subject to the conditions hereinafter set forth, at any time or from time to time on or after the date of issuance of this Warrant (the “Initial Exercise Date”) and on or prior to 5 P.M. Denver time on February 1, 2020 (the “Expiration Date”) but not thereafter, to subscribe for and purchase from PetroShare Corp., a Colorado corporation (the “Company”), up to [One Million Five Hundred Thousand (1,500,000)] shares (the “Warrant Shares”) of common stock, $0.001 par value per share of the Company (the “Common Stock”).  The purchase price of one share of Common Stock (as may be adjusted in accordance with the provisions hereof, the “Exercise Price”) under this Warrant shall be $0.01.

 

1.             Transferability of Warrant.  Prior to the expiration hereof and subject to compliance with applicable laws, this Warrant and all rights hereunder are transferable, in whole or in part, at the office or agency of the Company by the Holder in person or by duly authorized attorney, upon surrender of this Warrant together with the Assignment Form annexed hereto properly endorsed.

 

2.             Authorization of Shares.  The Company covenants that all shares of Common Stock which may be issued upon the exercise of rights represented by this Warrant will, upon exercise of the rights represented by this Warrant and payment of the then-applicable Exercise Price, be duly authorized, validly issued, fully paid and non-assessable and free from all liens and charges in respect of the issue thereof (other than charges in respect of any transfer occurring contemporaneously with such issue).

 

3.             Exercise of Warrant.  Exercise of the purchase rights represented by this Warrant may be made at any time or times on or after the Initial Exercise Date, and before the Expiration Date, by the surrender of this Warrant and the Notice of Exercise Form annexed hereto duly executed at the office of the Company (or such other office or agency of the Company as it may designate by notice in writing to the Holder at the address of such Holder appearing on the books of the Company) and upon payment of the Exercise Price of the shares thereby purchased in the manner provided for herein.  Upon such exercise, the Holder shall be entitled to receive a certificate for the number of shares of Common Stock so purchased. Certificates for shares purchased hereunder shall be delivered to the Holder within five (5)

 

 

business days after the date on which this Warrant shall have been exercised as aforesaid. This Warrant shall be deemed to have been exercised and such certificate or certificates shall be deemed to have been issued, and Holder or any other person so designated to be named therein shall be deemed to have become a holder of record of such shares for all purposes, as of the date the Warrant has been exercised, provided such date is a day on which the NYSE is conducting business and provided that the Notice of Exercise and payment are received by the Company on or before 5:00 P.M. Mountain Time, and if not, on the next succeeding business day.  If this Warrant shall have been exercised in part, the Company shall, at the time of delivery of the certificate or certificates representing Warrant Shares, deliver to Holder a new Warrant evidencing the rights of Holder to purchase the remaining shares of Common Stock called for by this Warrant, which new Warrant shall in all other respects be identical with this Warrant.

 

4.             Manner of Payment.  The exercise price of each Warrant shall be paid in cash, certified funds, wire transfer or other collectible funds at the time the Warrant is exercised.

 

5.             No Fractional Shares or Scrip.  No fractional shares or scrip representing fractional shares shall be issued upon the exercise of this Warrant.  As to any fraction of a share which Holder would otherwise be entitled to purchase upon such exercise, the Company shall round the number of shares to be issued to the next highest number.

 

6.             Charges, Taxes and Expenses.  Issuance of certificates for Warrant Shares upon the exercise of this Warrant shall be made without charge to the Holder for any issue or transfer tax or other incidental expense in respect of the issuance of such certificate, all of which taxes and expenses shall be paid by the Company, and such certificates shall be issued in the name of the Holder or in such name or names as may be directed by the Holder; provided, however, that in the event certificates for shares of Common Stock are to be issued in a name other than the name of the Holder, this Warrant when surrendered for exercise shall be accompanied by the Assignment Form attached hereto duly executed by the Holder; and provided further, that upon any transfer involving the issuance or delivery of any certificates for shares of Common Stock, the Company may require, as a condition thereto, the payment of a sum sufficient to reimburse it for any transfer tax incidental thereto and an opinion of counsel that such assignment is permissible under applicable securities laws.

 

7.             Closing of Books.  The Company will not close its shareholder books or records in any manner which prevents the timely exercise of this Warrant.

 

8.             Transfer, Division and Combination.

 

(a)           Subject to compliance with any applicable securities laws (including the provision to the Company of an opinion of counsel for the assignor of this Warrant), transfer of this Warrant and all rights hereunder, in whole or in part, shall be registered on the books of the Company to be maintained for such purpose, upon surrender of this Warrant at the principal office of the Company, together with the Assignment Form attached hereto duly executed by Holder or its agent or attorney, funds sufficient to pay any transfer taxes payable upon the making of such transfer and an opinion of counsel that such assignment is permissible under applicable securities laws.  Upon such surrender and, if required, such payment, the Company shall execute and deliver a new Warrant or Warrants in the name of the assignee or assignees and in the denomination specified in such instrument of assignment, and shall issue to the assignor a new Warrant evidencing the portion of this Warrant not so assigned, and this Warrant shall promptly be cancelled.  A Warrant, if properly assigned, may be exercised by a new Holder for the purchase of shares of Common Stock without having a new Warrant issued.

 

2

 

(b)           This Warrant may be divided or combined with other Warrants upon presentation hereof at the aforesaid office of the Company, together with a written notice specifying the names and denominations in which new Warrants are to be issued, signed by Holder or its agent or attorney.  Subject to compliance with Paragraph 8(a), as to any transfer which may be involved in such division or combination, the Company shall execute and deliver a new Warrant or Warrants in exchange for the Warrant or Warrants to be divided or combined in accordance with such notice.

 

(c)           The Company shall prepare, issue and deliver at its own expense (other than transfer taxes) the new Warrant or Warrants under this paragraph 8.

 

(d)           The Company agrees to maintain, at its aforesaid office, books for the registration and the registration of transfer of the Warrants.

 

9.             No Rights as Shareholder until Exercise.  This Warrant does not entitle the Holder to any voting rights or other rights as a shareholder of the Company prior to the exercise hereof.  Upon the exercise (as described in paragraph 3), the Warrant Shares so purchased shall be and be deemed to be issued to such holder as the record owner of such shares as of the close of business on such date.

 

10.          Loss, Theft, Destruction or Mutilation of Warrant.  The Company represents and warrants that upon receipt by the Company of evidence reasonably satisfactory to it of the loss, theft, destruction or mutilation of this Warrant certificate or any stock certificate relating to the Warrant Shares, and in case of loss, theft or destruction, of indemnity or security reasonably satisfactory to it, and upon surrender and cancellation of such Warrant or stock certificate, if mutilated, the Company will make and deliver a new Warrant or stock certificate of like tenor and dated as of such cancellation, in lieu of such Warrant or stock certificate.

 

11.          Saturdays, Sundays, Holidays, etc.  If the last or appointed day for the taking of any action or the expiration of any right required or granted herein shall be a Saturday, Sunday or a legal holiday, then such action may be taken or such right may be exercised on the next succeeding day not a Saturday, Sunday or legal holiday.

 

12.          Adjustments of Exercise Price and Number of Warrant Shares.

 

(a)           Stock Splits, etc. The number and kind of securities purchasable upon the exercise of this Warrant and the Exercise Price shall be subject to adjustment from time to time upon the happening of any of the following (each, an “Adjustment Event”): The Company shall (i) pay a dividend in shares of Common Stock or make a distribution in shares of Common Stock to holders of its outstanding Common Stock, (ii) subdivide its outstanding shares of Common Stock into a greater number of shares of Common Stock, (iii) combine its outstanding shares of Common Stock into a smaller number of shares of Common Stock or (iv) issue any shares of its capital stock in a reclassification of the Common Stock. Upon the occurrence of an Adjustment Event, the number of Warrant Shares purchasable upon exercise of this Warrant immediately prior thereto shall be adjusted so that the Holder shall be entitled to receive the kind and number of Warrant Shares or other securities of the Company which he would have owned or have been entitled to receive had such Warrant been exercised in advance thereof.  Upon each such adjustment of the kind and number of Warrant Shares or other securities of the Company which are purchasable hereunder, the Holder shall thereafter be entitled to purchase the number of Warrant Shares or other securities resulting from such adjustment at an Exercise Price per such Warrant

 

3

 

Share or other security obtained by multiplying the Exercise Price in effect immediately prior to such adjustment by the number of Warrant Shares purchasable pursuant hereto immediately prior to such adjustment and dividing by the number of Warrant Shares or other securities of the Company resulting from such adjustment.  An adjustment made pursuant to this paragraph shall become effective immediately after the effective date of such event retroactive to the record date, if any, for such Adjustment Event.

 

(b)           Reorganization, Reclassification, Merger, Consolidation or Disposition of Assets.  In case (i) the Company shall (A) reorganize its capital, (B) reclassify its capital stock, consolidate or merge with or into another corporation (where the Company is not the surviving corporation or where there is a change in or distribution with respect to the Common Stock of the Company), or (C) sell, transfer or otherwise dispose of all or substantially all its property, assets or business to another corporation (a “Fundamental Change”) and, (ii) pursuant to the terms of such Fundamental Change, shares of common stock of the successor or acquiring corporation, or any cash, shares of stock or other securities or property of any nature whatsoever (including warrants or other subscription or purchase rights) in addition to or in lieu of common stock of the successor or acquiring corporation (“Other Property”), are to be received by or distributed to the holders of Common Stock of the Company, then the Holder shall have the right thereafter to receive, upon exercise of this Warrant, the number of shares of common stock of the successor or acquiring corporation or of the Company, if it is the surviving corporation, and Other Property receivable upon or as a result of such Fundamental Change by a holder of the number of shares of Common Stock for which this Warrant is exercisable immediately prior to such event.  In case of any such reorganization, reclassification, merger, consolidation or disposition of assets, the successor or acquiring corporation (if other than the Company) shall expressly assume the due and punctual observance and performance of each and every covenant and condition of this Warrant to be performed and observed by the Company and all the obligations and liabilities hereunder, subject to such modifications as may be deemed appropriate (as determined by resolution of the Board of Directors of the Company) in order to provide for adjustments of shares of Common Stock for which this Warrant is exercisable which shall be as nearly equivalent as practicable to the adjustments provided for in this Section 12.  For purposes of this Paragraph 12, “common stock of the successor or acquiring corporation” shall include stock of such corporation of any class which is not preferred as to dividends or assets over any other class of stock of such corporation and which is not subject to redemption and shall also include any evidences of indebtedness, shares of stock or other securities which are convertible into or exchangeable for any such stock, either immediately or upon the arrival of a specified date or the happening of a specified event and any warrants or other rights to subscribe for or purchase any such stock.  The foregoing provisions of this Paragraph 12 shall similarly apply to successive Fundamental Changes.

 

(c)           No Adjustment for Small Amounts.  Anything in this Section 12 to the contrary notwithstanding, the Company shall not be required to give effect to any adjustment in the Exercise Price unless and until the net effect of one or more adjustments, determined as above provided, shall have required a change of the Exercise Price by at least one-hundredth  of one cent ($0.0001), but when the cumulative net effect of more than one adjustment so determined shall be to change the actual Exercise Price by at least one cent, such change in the Exercise Price shall thereupon be given effect.

 

13.          Voluntary Adjustment by the Company.  The Company may at any time during the term of this Warrant, (i) extend the Expiration Date or (ii) reduce the then current Exercise Price to any amount and for any period of time deemed appropriate by the Board of Directors of the Company.

 

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14.          Notice of Adjustment.  Whenever the number of Warrant Shares or number or kind of securities or other property purchasable upon the exercise of this Warrant or the Exercise Price is adjusted, as herein provided, the Company shall promptly mail by registered or certified mail, return receipt requested, to the Holder notice of such adjustment or adjustments setting forth the number of Warrant Shares (and other securities or property) purchasable upon the exercise of this Warrant and the Exercise Price of such Warrant Shares (and other securities or property) after such adjustment, setting forth a brief statement of the facts requiring such adjustment and setting forth the computation by which such adjustment was made.  Such notice, in absence of manifest error, shall be conclusive evidence of the correctness of such adjustment.

 

15.          Notice of Corporate Action.  If at any time:

 

(a)                                 the Company shall take a record of the holders of its Common Stock for the purpose of entitling them to receive a dividend or other distribution, or any right to subscribe for or purchase any evidences of its indebtedness, any shares of stock of any class or any other securities or property, or to receive any other right, or

 

(b)                                 any Fundamental Change; or

 

(c)           there shall be a voluntary or involuntary dissolution, liquidation or winding up of the Company;

 

then, in any one or more of such cases, the Company shall give to Holder (i) at least 10 days’ prior written notice of the record date for such dividend, distribution or right, Fundamental Change  or liquidation or winding up, and (ii) in the case of any Fundamental Change or any such dissolution, liquidation or winding up, at least 30 days’ prior written notice of the date when the same shall take place.  Such notice in accordance with the foregoing clause also shall specify (i) the date on which the holders of Common Stock shall be entitled to any such dividend, distribution or right, and the amount and character thereof, and (ii) the date on which any Fundamental Change or any such dissolution, liquidation or winding up is to take place and the time, if any such time is to be fixed, as of which the holders of Common Stock shall be entitled to exchange their shares of Common Stock for securities or other property deliverable upon such Fundamental Change or dissolution, liquidation or winding up.  Each such written notice shall be sufficiently given if addressed to Holder at the last address of Holder appearing on the books of the Company and delivered in accordance with Section 17(d).

 

16.          Authorized Shares.  The Company covenants that during the period the Warrant is outstanding, it will reserve from its authorized and unissued Common Stock a sufficient number of shares to provide for the issuance of the Warrant Shares upon the exercise of any purchase rights under this Warrant.  The Company further covenants that its issuance of this Warrant shall constitute full authority to its officers who are charged with the duty of executing stock certificates to execute and issue the necessary certificates for the Warrant Shares upon the exercise of the purchase rights under this Warrant.  The Company will take all such reasonable action as may be necessary to assure that such Warrant Shares may be issued as provided herein without violation of any applicable law or regulation or any domestic securities exchange upon which the Common Stock may be listed.

 

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17.          Miscellaneous.

 

(a)           Jurisdiction. This Warrant shall be binding upon any successors or assigns of the Company.  This Warrant shall constitute a contract under the laws of the State of Colorado without regard to its conflict of law principles or rules.

 

(b)           Restrictions.  The Holder acknowledges that the Warrant Shares acquired upon the exercise of this Warrant, if not registered, will have restrictions upon resale imposed by state and federal securities laws.

 

(c)           Non-waiver.  No waiver of any breach of this Warrant shall act as a waiver of any preceding or succeeding breach of any of the same or any other covenant contained herein.

 

(d)           Notices.  Any notice, request or other document required or permitted to be given or delivered to the Holder hereof by the Company shall be deemed delivered if delivered in person, by recognized overnight courier or registered or certified mail, postage prepaid.  Notice shall be effective when delivered in person, one day after placing the notice with the overnight courier or three days after mailing.  Notice shall be delivered to the Holder at the address maintained in the Company’s records.

 

(e)           Limitation of Liability.  No provision hereof, in the absence of affirmative action by Holder to purchase shares of Common Stock, and no enumeration herein of the rights or privileges of Holder hereof, shall give rise to any liability of Holder for the purchase price of any Common Stock or as a stockholder of the Company, whether such liability is asserted by the Company or by creditors of the Company.

 

(f)            Remedies.  Holder, in addition to being entitled to exercise all rights granted by law, including recovery of damages, will be entitled to specific performance of its rights under this Warrant.  The Company agrees that monetary damages would not be adequate compensation for any loss incurred by reason of a breach by it of the provisions of this Warrant and hereby agrees to waive the defense in any action for specific performance that a remedy at law would be adequate.

 

(g)           Successors and Assigns.  Subject to applicable securities laws, this Warrant and the rights and obligations evidenced hereby shall inure to the benefit of and be binding upon the successors of the Company and the successors and permitted assigns of Holder.  The provisions of this Warrant are intended to be for the benefit of all Holders from time to time of this Warrant and shall be enforceable by any such Holder or holder of Warrant Shares.

 

(h)           Cooperation.  The Company shall cooperate with Holder in supplying such information as may be reasonably necessary for Holder to complete and file any information reporting forms presently or hereafter required by the SEC as a condition to the availability of an exemption from the Securities Act for the sale of any Warrant or any Warrant Shares.

 

(i)            Amendment.  This Warrant may be modified or amended or the provisions hereof waived only with the written consent of the Company and the Holder.

 

(j)            Severability.  Wherever possible, each provision of this Warrant shall be interpreted in such manner as to be effective and valid under applicable law, but if any provision of this Warrant shall be prohibited by or invalid under applicable law, such provision shall be ineffective to the extent of such prohibition or invalidity, without invalidating the remainder of such provisions or the remaining provisions of this Warrant.

 

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(k)           Headings.  The headings used in this Warrant are for the convenience of reference only and shall not, for any purpose, be deemed a part of this Warrant.

 

IN WITNESS WHEREOF, the Company has caused this Warrant to be executed by its officer thereunto duly authorized.

 

Dated:  February 1, 2018

 

	
 
    	
PETROSHARE   CORP.,
    
	
 
    	
a Colorado   corporation
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
 
    
	
 
    	
 
    	
Stephen J. Foley, Chief   Executive Officer
    

 

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NOTICE OF EXERCISE

 

To:          PETROSHARE CORP.

 

The undersigned hereby elects to purchase          shares of Common Stock (the “Common Stock”), of PETROSHARE CORP.,  pursuant to the terms of the attached Warrant, and tenders herewith payment of the exercise price in full, together with all applicable transfer taxes or charges, if any.

 

Please issue a certificate or certificates representing said shares of Common Stock in the name of the undersigned or in such other name as is specified below:

 

	
 
    	
 
    	
 
    
	
 
    	
(Name)
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
(Address)
    	
 
    

 

	
 
    	
 
    	
 
    
	
Dated:
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
Signature
    
				

 

 

ASSIGNMENT FORM

 

(To assign the foregoing warrant, execute

this form and supply required information.

Do not use this form to exercise the warrant.)

 

FOR VALUE RECEIVED, the foregoing Warrant and all rights evidenced thereby are hereby

assigned to                                                            whose address is                                                                                                                 .

 

 

	
 
    	
Dated:                            ,              
    
	
 
    	
 
    	
 
    
	
 
    	
Holder’s   Signature:
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
Holder’s Address:
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
 
    
	
Signature   Guaranteed:
    	
 
    	
 
    
				

 

NOTE:  The signature to this Assignment Form must correspond with the name as it appears on the face of the Warrant, without alteration or enlargement or any change whatsoever, and must be guaranteed by a bank or trust company.  Officers of corporations and those acting in a fiduciary or other representative capacity should file proper evidence of authority to assign the foregoing Warrant.Exhibit 10.2

 

DEED OF TRUST, MORTGAGE, ASSIGNMENT OF PRODUCTION,

SECURITY AGREEMENT AND FINANCING STATEMENT

from

 

PETROSHARE CORP.

 

to

 

the PUBLIC TRUSTEE OF [       ] COUNTY, COLORADO, TRUSTEE

 

for the benefit of

PROVIDENCE WATTENBERG, LP, as Administrative Agent

 

A REPRODUCTION OF THIS INSTRUMENT IS SUFFICIENT AS A FINANCING STATEMENT.  FOR PURPOSES OF FILING THIS INSTRUMENT AS A FINANCING STATEMENT, THE ADDRESS OF THE GRANTOR AND DEBTOR IS:

 

9635 S. Maroon Circle, Suite 400

Englewood, CO 80112

 

AND THE ADDRESS OF THE AGENT AND SECURED PARTY IS:

 

16400 North Dallas Parkway, Suite 400

Dallas, TX 75248

 

THIS INSTRUMENT CONTAINS AFTER-ACQUIRED PROPERTY PROVISIONS.

 

THIS INSTRUMENT SECURES PAYMENT OF FUTURE ADVANCES.

 

THIS INSTRUMENT COVERS PROCEEDS OF COLLATERAL.

 

THIS INSTRUMENT COVERS PRODUCTS OF COLLATERAL.

 

THIS INSTRUMENT COVERS FIXTURES.

 

THIS INSTRUMENT COVERS AS-EXTRACTED COLLATERAL, INCLUDING MINERALS AND OTHER SUBSTANCES OF VALUE WHICH MAY BE EXTRACTED FROM THE EARTH (INCLUDING, WITHOUT LIMITATION, OIL AND GAS).  THIS FINANCING STATEMENT IS TO BE FILED FOR RECORD, AMONG OTHER PLACES, IN THE REAL ESTATE RECORDS OF THE COUNTY RECORDER OF ADAMS COUNTY, COLORADO.  THE GRANTOR HAS AN INTEREST OF RECORD IN THE REAL ESTATE CONCERNED, WHICH INTEREST IS DESCRIBED IN EXHIBIT A ATTACHED HERETO.

 

THIS INSTRUMENT WAS PREPARED BY AND WHEN RECORDED OR FILED SHOULD BE RETURNED TO:

 

Munsch Hardt Kopf & Harr, P.C.

500 N. Akard Street, Suite 3800

Dallas, TX 75201

Attn: Matthew DeArman

 

 

DEED OF TRUST, MORTGAGE, ASSIGNMENT OF PRODUCTION,

SECURITY AGREEMENT AND FINANCING STATEMENT

 

Section 1.1.                                 Grant and Deed of Trust.  PETROSHARE CORP., a Colorado corporation (hereinafter referred to as “Grantor”), for and in consideration of the sum of TEN DOLLARS ($10.00) to Grantor in hand paid, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, and in order to secure the payment and performance of the obligations, covenants, warranties, agreements and undertakings of Grantor hereinafter described, does hereby GRANT, BARGAIN, SELL, CONVEY, MORTGAGE, PLEDGE, TRANSFER, ASSIGN and SET OVER to the Public Trustee of [      ] County, Colorado (hereinafter called the “Trustee”) for the benefit of Agent (as hereinafter defined), and  IN TRUST WITH POWER OF SALE and right of entry and possession, the following described properties, rights, and interests:

 

(a)                                 All of Grantor’s rights, titles, and interests in, under and attributable to the oil and gas leases described in Exhibit A (the “Leases”) including, without limitation, any and all royalty interests and all other interests of whatsoever nature or kind and however characterized in, under or attributable to the Leases;

 

(b)                                 All Grantor’s rights, titles and interests in the mineral estate, whether now owned or hereafter acquired, in the Lands described on attached Exhibit A hereto (the “Lands”), including, without limitation, any and all reversionary interests or other interests of whatsoever nature or kind and however characterized in the Lands described on attached Exhibit A, all of which such rights, titles, interests and estates of Grantor and howsoever characterized, together with the rights, title and interests in the Leases described in subparagraph (a) being hereinafter collectively called the “Mineral Interests”;

 

(c)                                  All rights, titles, interests and estates now owned or hereafter acquired by Grantor in and to (i) the properties now or hereafter pooled or unitized with any part of the Mineral Interests insofar as they are attributable to or derive from the Mineral Interests; and (ii) all presently existing or future unitization, communitization, pooling agreements and declarations of pooled units and the units created thereby (including, without limitation, all units created under orders, regulations, rules or other official acts of any Federal, State or other governmental body or agency having jurisdiction), insofar as they are attributable to or derive from the Mineral Interests;

 

(d)                                 Without limitation, all rights, titles and interests now owned or hereinafter acquired by Grantor in oil and gas wells located on the Lands (the “Wells”), including, but not limited to, all wells described on Exhibit A attached hereto;

 

(e)                                  All rights, titles, and interests now owned or hereafter acquired by Grantor in and to all oil, gas, casinghead gas, condensate, distillate, liquid hydrocarbons, gaseous hydrocarbons and all products refined therefrom and all other minerals (collectively called the “Hydrocarbons”) in, under and which may be produced and saved from the Lands or attributable to the Mineral Interests, including all oil in tanks and all rents, issues, profits, proceeds, products, revenues and other income and proceeds from the sale or use of Hydrocarbons;

 

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(f)                                   All tenements, hereditaments, appurtenances and properties in anywise appertaining, belonging, affixed or incidental to the Mineral Interests and properties, rights, titles, interests and estates described above which are now owned or which may hereafter be acquired by Grantor, including, without limitation, any and all property, real or personal, now owned or hereafter acquired by Grantor and situated upon, used, held for use, or useful in connection with the operating, working or development of the Leases or the Wells or properties including without limitation, easements, servitudes, licenses and other surface use rights;

 

(g)                                  All of Grantor’s interest in and rights under (whether now owned or hereafter acquired by operation of law or otherwise) all presently existing and hereafter created operating agreements, equipment leases, production sales contracts, processing agreements, transportation agreements, gas balancing agreements, farmout and/or farm-in agreements, salt water disposal agreements, area of mutual interest agreements, and other contracts and/or agreements which cover, affect, or otherwise relate to the properties, rights and interests described in clauses (a), (b), (c) or (d) above or to the operation of such properties, rights and interests, or to the treating, handling, storing, processing, transporting or marketing of Hydrocarbons, or other minerals produced from (or allocated to) such properties, rights and interests, as the same may be amended or supplemented from time to time;

 

(h)                                 All of the rights, titles and interests of every nature whatsoever now owned or hereafter acquired by Grantor in and to the Mineral Interests, as the same may be enlarged by the removal of any charges or encumbrances to which the Mineral Interests are subject, or otherwise; together with any and all renewals and extensions of the Leases, properties, rights, titles, interests or estates; all contracts and agreements supplemental to or amendatory of or in substitution for the contracts and agreements of Grantor described or mentioned above; and any and all additional interests of any kind hereafter acquired by Grantor in and to the  Lands, Leases and Wells described on Exhibit A;

 

(i)                                     All of Grantor’s interest (whether now owned or hereafter acquired by operation of law or otherwise) in and to all improvements, fixtures, movable or immovable property and other real and/or personal property (including, without limitation, all pumping units, wellhead equipment, tanks, pipelines, flow lines, gathering lines, compressors, dehydration units, separators, meters, buildings, injection facilities, salt water disposal facilities, and power, telephone and telegraph lines), and all easements, servitudes, rights-of-way, surface leases, licenses, permits and other surface rights, which are now or hereafter used, or held for use, in connection with the properties, rights and interests described in clauses (a), (b), (c) or (d) above, or in connection with the operation of such properties, rights and interests, or in connection with the treating, handling, storing, processing, transporting or marketing of oil, gas, other hydrocarbons, or other minerals produced from (or allocated to) such properties, rights and interests;

 

(j)                                    All of Grantor’s rights, now owned or hereafter acquired, in and to all records which relate to the Lands, Leases, Mineral Interests, and Wells; and

 

(k)                                 All rights, estates, powers and privileges of Grantor appurtenant to the foregoing rights, interests and properties.

 

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All of the properties, interests and rights described in the preceding subparagraphs (a) through (k) shall be hereinafter sometimes referred to as the “Mortgaged Properties”.  If any of the lands covered by the Leases or other instrument mentioned in Exhibit A are incorrectly described, then nevertheless this Deed of Trust (as defined herein) shall cover all Grantor’s interest in such Leases or other instrument as to all of the lands and interests covered thereby.

 

TO HAVE AND TO HOLD the Mortgaged Properties, together with all and singular the rights, estates, hereditaments, powers and privileges appurtenant or incident thereto, unto the Trustee and his or her successors or substitutes in this trust and to his or their successors and assigns, forever.

 

BUT IN TRUST, NEVERTHELESS, for the benefit and security of the holders of the obligations and indebtedness secured hereby and upon the trusts and subject to the terms and provisions herein set forth.

 

Section 1.2.                                 Scope of Deed of Trust.  This Deed of Trust, Mortgage, Assignment of Production, Security Agreement and Financing Statement (this “Deed of Trust”) is a deed of trust and mortgage of both real/immovable and personal/movable property, a security agreement, a financing statement and an assignment, and also covers proceeds, fixtures and as-extracted collateral.  For purposes hereof, the names and addresses of the “debtor” and “secured party” are those of the Grantor and Agent, respectively.  The description of the types (or items) of property covered by this financing statement are all of the property described in the following definition of Property, including without limitation, all such property which is or is to become a fixture or is as-extracted collateral.  Grantor is the record owner of the real estate or interest in the real estate comprising the Mortgaged Properties.

 

Section 1.3.                                 Grant of Security Interest.  In order to further secure the payment of the Secured Indebtedness hereinafter referred to and the performance of the obligations, covenants, agreements, warranties, and undertakings of Grantor hereinafter described, Grantor hereby grants to Agent a security interest in the entire interest of Grantor (whether now owned or hereafter acquired by operation of law or otherwise) in and to the Mortgaged Properties and:

 

(a)                                 all as-extracted collateral (as defined in the UCC (as hereinafter defined)), including, but not limited to, all oil, gas, other hydrocarbons, and other minerals produced from or allocated to the Mortgaged Properties, and any products processed or obtained therefrom (herein collectively called the “Production”), together with all proceeds of Production (regardless of whether Production to which such proceeds relate occurred on or before or after the date hereof), and together with all liens and security interests securing payment of the proceeds of the Production, including, but not limited to, those liens and security interests provided for under (i) statutes enacted in the jurisdictions in which the Mortgaged Properties are located, or (ii) statutes made applicable to the Mortgaged Properties under federal law (or some combination of federal and state law);

 

(b)                                 without limitation of any other provisions of this Section 1.3, all payments received in lieu of production from the Mortgaged Properties (regardless of whether such payments accrued, and/or the events which gave rise to such payments occurred, on or before or after the date hereof), including, without limitation, “take or pay” payments and similar

 

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payments, payments received in settlement of or pursuant to a judgment rendered with respect to take or pay or similar obligations or other obligations under a production sales contract, payments received in buyout or buydown or other settlement of a production sales contract, and payments received under a gas balancing or similar agreement as a result of (or received otherwise in settlement of or pursuant to judgment rendered with respect to) rights held by Grantor as a result of Grantor (and/or its predecessors in title) taking or having taken less gas from lands covered by a Mortgaged Property (or lands pooled or unitized therewith) than their ownership of such Mortgaged Property would entitle them to receive (the payments described in this clause (b) being herein called “Payments in Lieu of Production”);

 

(c)                                  all equipment, inventory, improvements, fixtures, accessions, goods and other personal property or movable property of whatever nature now or hereafter located on or used or held for use in connection with the Mortgaged Properties (or in connection with the operation thereof or the treating, handling, storing, processing, transporting, or marketing of Production), and all licenses and permits of whatever nature now or hereafter used or held for use in connection with the Mortgaged Properties (or in connection with the operation thereof or the treating, handling, storing, processing, transporting, or marketing of Production), and all renewals or replacements of the foregoing or substitutions for the foregoing;

 

(d)                                 all contract rights, choses in action (i.e., rights to enforce contracts or to bring claims thereunder) and other general intangibles (regardless of whether the same arose, and/or the events which gave rise to the same occurred, on or before or after the date hereof) related to the Mortgaged Properties, the operation thereof (whether Grantor is operator or non-operator), or the treating, handling, storing, processing, transporting, or marketing of Production (including, without limitation, any of the same relating to payment of proceeds of Production or to payment of amounts which could constitute Payments in Lieu of Production);

 

(e)                                  without limitation of the generality of the foregoing, any rights and interests of Grantor under any present or future Swap Agreements (as defined in the Credit Agreement) now existing or hereafter entered into by or on behalf of Grantor;

 

(f)                                   all geological, geophysical, engineering, accounting, title, legal, and other technical or business data concerning the Mortgaged Properties, the Production or any other item of Property (as hereinafter defined) in which Grantor now or hereafter has ownership rights or rights to use to the extent of such rights or in which Grantor can otherwise grant a security interest, and all books, files, records, magnetic media, and other forms of recording or obtaining access to such data;

 

(g)                                  all money, documents, instruments, chattel paper, securities, accounts or general intangibles arising from or by virtue of any transaction (regardless of whether such transaction occurred on or before or after the date hereof) related to the Mortgaged Properties, the Production or any other item of Property;

 

(h)                                 without limitation of or by any of the forgoing, all rights, titles and interests now owned or hereafter acquired by Grantor in any and all goods, inventory, equipment, as-extracted collateral, documents, money, accounts, accounts receivable, deposit accounts, instruments, intellectual property, certificated securities, uncertificated securities, investment property, letters

 

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of credit, rights to proceeds of written letters of credit and other letter-of-credit rights, commercial tort claims, deposit accounts, payment intangibles, general intangibles, contract rights, chattel paper (including, without limitation, electronic chattel paper and tangible chattel paper), rights to payment evidenced by chattel paper, software, supporting obligations and accounts, wherever located, and all rights and privileges with respect thereto (all of the properties, rights and interests described in clauses (a), (b), (c), (d), (e), (f), and (g), above and this clause (h) being herein sometimes collectively called the “Collateral”); and

 

(i)                                     all proceeds of the Collateral, whether such proceeds or payments are goods, money, documents, instruments, chattel paper, securities, accounts, general intangibles, fixtures, real/immovable property, personal/movable property or other assets (the Mortgaged Properties, the Collateral and the proceeds of the Collateral being herein sometimes collectively called the “Property”).

 

Except as otherwise expressly provided in this Deed of Trust, all terms in this Deed of Trust relating to the Collateral and the grant of the foregoing security interest which are defined in the applicable Uniform Commercial Code (the “UCC”) shall have the meanings assigned to them in Article 9 (or, absent definition in Article 9, in any other Article) of the UCC, as those meanings may be amended, revised or replaced from time to time.  Notwithstanding the foregoing, the parties intend that the terms used herein which are defined in the UCC have, at all times, the broadest and most inclusive meanings possible.  Accordingly, if the UCC shall in the future be amended or held by a court to define any term used herein more broadly or inclusively than the UCC in effect on the date of this Deed of Trust, then such term, as used herein, shall be given such broadened meaning.  If the UCC shall in the future be amended or held by a court to define any term used herein more narrowly, or less inclusively, than the UCC in effect on the date of this Deed of Trust, such amendment or holding shall be disregarded in defining terms used in this Deed of Trust.

 

Section 1.4.                                 Authorization to File Financing Statements.  Grantor hereby irrevocably authorizes the Agent at any time and from time to time to file in any filing office in any UCC jurisdiction any initial financing statements and amendments thereto necessary to implement the terms of this Deed of Trust and may indicate the Grantor’s collateral as all assets of the Grantor or words of similar effect, regardless of whether any particular asset comprised in the collateral falls within the scope of Article 9 of the UCC or such jurisdiction, or  by any other description which reasonably approximates the description contained in this Deed of Trust.

 

Section 1.5.                                 Secured Indebtedness.  This Deed of Trust is made irrevocably in trust, with power of sale to secure and enforce the following obligations, indebtedness and liabilities:

 

(a)                                 All indebtedness and other obligations now or hereafter incurred or arising pursuant to the provisions of that certain Secured Term Credit Agreement, dated as of January 31, 2018, among Grantor, as the Borrower, the lenders from time to time party thereto (the “Lenders”), and Providence Wattenberg, LP, individually and in its capacity as Administrative Agent (in such capacity, the “Agent”) for the benefit of the Lenders (such Secured Term Credit Agreement, as the same may from time to time be supplemented, amended or modified, and all other agreements given in substitution therefor or in restatement, amendment and restatement, renewal or extension thereof, in whole or in part, being herein called the “Credit Agreement”;

 

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capitalized terms not defined herein shall have the meanings set forth in the Credit Agreement) and the other Loan Documents (as defined below), including, without limitation, all of the Obligations;

 

(b)                                 Those certain promissory notes that may be issued from time to time pursuant to the Credit Agreement, including (i) that certain Promissory Note, dated February 1, 2018, payable to the order of Providence Wattenberg, LP, in the original face amount of $12,500,000 and (ii) that certain Promissory Note, dated January 31, 2018, payable to the order of 5NR Wattenberg, LLC, in the original face amount of $12,500,000 (such promissory notes, as the same may from time to time be renewed, extended, supplemented, amended or modified, and all other promissory notes given in substitution therefor or in restatement, renewal or extension thereof, in whole or in part, being herein called the “Notes”);

 

(c)                                  All indebtedness and other obligations now or hereafter incurred or arising pursuant to or permitted by the provisions of the Notes, the Credit Agreement, this Deed of Trust or any other instrument now or hereafter evidencing, governing, guaranteeing or securing the “Secured Indebtedness” (as hereinafter defined) or any part thereof or otherwise executed in connection with any advance or loan evidenced or governed by the Notes or the Credit Agreement (the Notes, the Credit Agreement, this Deed of Trust, the other Security Instruments, and all such other instruments, agreements and certificates executed in connection with the Credit Agreement and this Deed of Trust being herein sometimes collectively called the “Loan Documents”);

 

(d)                                 All Grantor’s express and implied obligations assumed under the Leases identified in Exhibit A, including, but not limited to, warranties of title and all other express and implied obligations of Grantor thereunder;

 

(e)                                  All other future advances and sums paid by the Lenders and their successors and assigns on behalf or for the benefit of Grantor, or in satisfaction of obligations owed by Grantor to such Lenders;

 

(f)                                   All indebtedness and obligations, whether direct or indirect, primary or secondary, fixed or contingent assumed by Grantor hereunder, or relating to the enforcement of the rights of the “Holder” hereunder; and

 

(g)                                  Without limiting the generality of the foregoing, all post-petition interest, expenses, and other duties and liabilities with respect to indebtedness or other obligations described above in this Section 1.5, which would be owed but for the fact that they are unenforceable or not allowable due to the existence of a bankruptcy, reorganization, or similar proceeding.

 

Section 1.6.                                 The indebtedness referred to in Section 1.5, and all renewals, extensions and modifications thereof, and all substitutions therefor, in whole or in part, are herein sometimes referred to as the “Secured Indebtedness.”

 

Section 1.7.                                 Maximum Amount.  The aggregate unpaid principal amount of the Secured Indebtedness outstanding at any particular time (after having given effect to all advances and all repayments made prior to such time) which is secured by this Deed of Trust shall not

 

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aggregate in excess of FIFTY MILLION AND NO/100 DOLLARS ($50,000,000.00).  Such amount does not in any way imply that Agent or the other Lenders are obligated to make any future advances to Mortgagor at any time unless specifically so provided in the Loan Documents.

 

ARTICLE II.

 

Representations, Warranties and Covenants

 

Section 2.1.                                 Representations.  Grantor represents, warrants, and covenants as follows:

 

(a)                                 Title and Permitted Encumbrances.  Grantor has, and Grantor covenants to maintain, good and marketable title to the Property, free and clear of all liens, security interests, and encumbrances except those permitted by Section 8.03 of the Credit Agreement (“Permitted Encumbrances”).  Grantor will defend title to the Property, subject as aforesaid, against the claims and demands of all persons claiming or to claim the same or any part thereof.  The ownership by Grantor of the Mortgaged Properties does and will, with respect to each well or unit identified on Exhibit A, entitle Grantor to receive (subject to the terms and provisions of this Deed of Trust) a decimal or percentage share of the oil, gas and other hydrocarbons produced from, or allocated to, such well or unit equal to not less than the decimal or percentage share set forth, for such well or unit, in the column headed [“NRI”] on Exhibit A, and cause Grantor to be obligated to bear a decimal or percentage share of the cost of operation of such well or unit equal to not more than the decimal or percentage share set forth, for such well or unit, in the column headed [“WI”] on Exhibit A, except to the extent of any proportionate corresponding increase in net revenue interest.  The above-described shares of production which Grantor is entitled to receive and shares of expenses which Grantor is obligated to bear are not and will not be subject to change (other than changes which arise pursuant to non-consent provisions of operating agreements described in Exhibit A in connection with operations hereafter proposed), except, and only to the extent that, such changes are reflected in Exhibit A.  There is not and will not be any unexpired financing statement covering any part of the Property on file in any public office naming any party other than Agent as secured party except those covering Property permitted to be encumbered by Permitted Encumbrances pursuant to the Credit Agreement.  Upon request by Agent, Grantor will deliver to Agent schedules of all internal and third party information identifying the Mortgaged Properties (such as, for example, lease names and numbers assigned by Grantor or the operator of any Mortgaged Property, well and/or unit and/or property names and numbers assigned by purchasers of Production, and internal identification names and numbers used by Grantor in accounting for revenues, costs, and joint interest transactions attributable to the Mortgaged Properties).

 

(b)                                 Condition of Personal or Movable Property.  The equipment, inventory, improvements, fixtures, goods and other tangible personal/movable property forming a part of the Property operated by Grantor are and will remain in good repair and condition and are and will be adequate for the normal operation of the Property in accordance with prudent industry standards; all of such Property is, and will remain, located on the Mortgaged Properties, except for that portion thereof which is or shall be located elsewhere (including that usually located on the Mortgaged Properties but temporarily located elsewhere) in the course of the normal operation of the Property.

 

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(c)                                  Operation of Properties.  Grantor will or, to the extent that the right to operate is vested in others, will exercise its best efforts to require the operator to do or cause to be done such development work as may be reasonably necessary to the prudent and economical operation of the Mortgaged Properties in accordance with the generally accepted practices of prudent operators in the industry, including all actions that may be appropriate to protect from diminution the productive capacity of the Mortgaged Properties and each producing well thereon, including, without limitation, cleaning out and reconditioning each well from time to time, plugging and completing at a different level or formation each such well, and drilling a substitute or replacement well to conform to changed spacing regulations or to remedy any mechanical, engineering or operational difficulty encountered during the life of each such well, and to protect the Mortgaged Properties against drainage whenever, and as often as, is necessary.

 

(d)                                 Defense of Deed of Trust.  If the validity or priority of this Deed of Trust or of any rights, titles, liens or security interests created or evidenced hereby with respect to the Property or any part thereof or the title of Grantor to the Property shall be endangered or questioned or shall be attacked directly or indirectly or if any legal proceedings are instituted against Grantor with respect thereto, Grantor will give prompt written notice thereof to Agent and at Grantor’s own cost and expense will diligently endeavor to cure any defect that may be developed or claimed, and will take all necessary and proper steps for the defense of such legal proceedings, including, but not limited to, the employment of counsel, the prosecution or defense of litigation and the release or discharge of all adverse claims, and Trustee and Agent, or either of them (whether or not named as parties to legal proceedings with respect thereto), are hereby authorized and empowered to take such additional steps as in their judgment and discretion may be necessary or proper for the defense of any such legal proceedings or the protection of the validity or priority of this Deed of Trust and the rights, titles, liens and security interests created or evidenced hereby, including but not limited to the employment of independent counsel, the prosecution or defense of litigation, the compromise or discharge of any adverse claims made with respect to the Property, the purchase of any tax title and the removal of prior liens or security interests, and all expenditures so made of every kind and character shall be a demand obligation (which obligation Grantor hereby expressly promises to pay) owing by Grantor to Agent or Trustee (as the case may be) and shall bear interest from the date expended until paid at the rate described in Section 2.3 hereof, and the party incurring such expenses shall be subrogated to all rights of the person receiving such payment.

 

(e)                                  Further Assurances.  Grantor covenants to, on request of Agent, (i) promptly correct any defect, error or omission which may be discovered in the contents of this Deed of Trust, or in any other Loan Document, or in the execution or acknowledgment of this Deed of Trust or any other Loan Document; (ii) execute, acknowledge, deliver and record and/or file such further instruments (including, without limitation, further deeds of trust, mortgages, security agreements, financing statements, continuation statements, and assignments of production, accounts, funds, contract rights, general intangibles, and proceeds) and do such further acts as may be reasonably necessary, desirable or proper to carry out more effectively the purposes of this Deed of Trust and the other Loan Documents and to more fully identify and subject to the liens and security interests hereof any property intended to be covered hereby, including specifically, but without limitation, any renewals, additions, substitutions, replacements, or appurtenances to the Property; and (iii) execute, acknowledge, deliver, and file and/or record any document or instrument (including specifically any financing statement) reasonably desired by

 

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Agent to protect the lien or the security interest hereunder against the rights or interests of third persons.  Grantor shall pay all reasonable costs connected with any of the foregoing.

 

(f)                                   Inspection of Properties.  Upon reasonable advanced written notice to Grantor from Agent, Grantor covenants to permit or cause to be permitted Agent, its agents, employees and representatives, at their own risk and expense (except during the continuance of a default, during which such examinations shall be at the expense of Grantor), to go upon, examine, inspect and remain on the Mortgaged Properties, and to go upon the derrick floor of any well or wells at any time drilled or being drilled thereon, and to strap, gauge, measure and inspect any and all tanks at any time on the Mortgaged Properties or holding oil, gasoline or casinghead gasoline therefrom; and Grantor shall do or cause to be done all things necessary and/or proper to enable Agent to exercise said rights whenever it so desires.

 

(g)                                  Payment of Rentals.  Grantor covenants to promptly pay and discharge or cause to be promptly paid and discharged all rentals, delay rentals, royalties and indebtedness accruing under, and to perform or cause to be performed each and every act, matter or thing required by each and all of the assignments, deeds, leases, subleases, contracts and agreements comprising a part of or affecting Grantor’s interests in the Mortgaged Properties, and to do or cause to be done all other things necessary to keep unimpaired Grantor’s rights with respect thereto and to prevent any forfeiture thereof or default thereunder.

 

Section 2.2.                                 Compliance by Operator.  As to any part of the Mortgaged Properties which is not a working interest, Grantor agrees to take all such action and to exercise all rights and remedies as are available to Grantor to cause the owner or owners of the working interest in such properties to comply with the covenants and agreements contained herein; and as to any part of the Mortgaged Properties which is a working interest but which is operated by a party other than Grantor, Grantor agrees to take all such action and to exercise all rights and remedies as are available to Grantor (including, but not limited to, all rights under any operating agreement) to cause the party who is the operator of such property to comply with the covenants and agreements contained herein.

 

Section 2.3.                                 Performance on Grantor’s Behalf.  Grantor agrees that, if Grantor fails to perform any act or to take any action which hereunder Grantor is required to perform or take, or to pay any money which hereunder Grantor is required to pay, Agent, in Grantor’s name or its own name, may, but shall not be obligated to, perform or cause to be performed such act or take such action or pay such money, and any expenses so incurred by Agent and any money so paid by Agent shall be a demand obligation owing by Grantor to Agent (which obligation Grantor hereby expressly promises to pay) and Agent, upon making such payment, shall be subrogated to all of the rights of the person, corporation or body politic receiving such payment.  Each amount due and owing by Grantor to Agent and/or any Lender pursuant to this Deed of Trust shall bear interest each day, from the date of such expenditure or payment until paid, at the Default Rate; all such amounts, together with such interest thereon, shall be a part of the Secured Indebtedness and shall be secured by this Deed of Trust.

 

Section 2.4.                                 Recording.  Grantor will allow this Deed of Trust and all amendments and supplements thereto and substitutions therefor and all financing statements and continuation statements relating thereto to be recorded, filed, re-recorded and refiled in such manner and in

 

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such places as Agent shall reasonably request and will pay all such recording, filing, re-recording and refiling taxes, fees and other charges.

 

Section 2.5.                                 Reporting Compliance.  Grantor agrees to comply with any and all reporting requirements applicable to the transaction evidenced by the Loan Documents and secured by this Deed of Trust which are set forth in any law, statute, ordinance, rule, regulation, order or determination of any governmental authority, and further agrees upon request of Agent to furnish Agent with evidence of such compliance.

 

Section 2.6.                                 Release of Deed of Trust.  If all of the Secured Indebtedness is paid as the same becomes due and payable, the Credit Agreement has been terminated and all of the covenants, warranties, undertakings and agreements made in this Deed of Trust are kept and performed and no further obligation exists to provide credit or advance funds to Grantor or the maker of any promissory note (or other obligor with respect to other indebtedness) secured hereby, then, at Grantor’s request, this Deed of Trust shall be released and Financing Statements terminated, in due form and at Grantor’s cost; provided, however, that, notwithstanding such release, certain indemnifications and other rights, which are provided herein to continue following the release hereof, shall continue in effect unaffected by such release; and provided that if any payment to any Lender, or Agent, is held to constitute a preference or a voidable transfer under applicable state or federal laws or if for any other reason any Lender, or Agent, is required to refund such payment to the payor thereof or to pay the amount thereof to any third party, this Deed of Trust shall be reinstated to the extent of such payment or payments.

 

ARTICLE III.

 

Assignment of Production,

Contract Rights and Proceeds

 

Section 3.1.                                 Assignment of Production.  Grantor does hereby absolutely and unconditionally assign, transfer and set over to Agent for the benefit of the Secured Parties all Production which accrues to Grantor’s interest in the Mortgaged Properties, all proceeds of such Production and all Payments in Lieu of Production (herein collectively referred to as the “Production Proceeds”), together with the immediate and continuing right to collect and receive such Production Proceeds.  Grantor directs and instructs any and all purchasers of any Production to pay to Agent all of the Production Proceeds accruing to Grantor’s interest until such time as such purchasers have been furnished with evidence that all Secured Indebtedness has been paid and that this Deed of Trust has been released; provided, however, that Grantor may continue to receive such Production Proceeds until such time as a default has occurred and is continuing and, as a result, Agent notifies such purchasers that such proceeds shall be paid directly to Agent.  Grantor agrees that no purchasers of the Production shall have any responsibility for the application of any funds paid to Agent.

 

Section 3.2.                                 Effectuating Payment of Production Proceeds to Agent.  Independent of the foregoing provisions and authorities herein granted, Grantor agrees to execute and deliver any and all transfer orders, division orders and other instruments that may be requested by Agent or that may be required by any purchaser of any Production for the purpose of effectuating payment of the Production Proceeds to Agent.  If under any existing sales agreements, other than division orders or transfer orders, any Production Proceeds are required to be paid by the

 

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purchaser to Grantor so that under such existing agreements payment cannot be made of such Production Proceeds to Agent, Grantor’s interest in all Production Proceeds under such sales agreements and in all other Production Proceeds which for any reason may be paid to Grantor shall, when received by Grantor, constitute trust funds in Grantor’s hands and shall be immediately paid over to Agent.  Without limitation upon any of the foregoing, Grantor hereby constitutes and appoints Agent as Grantor’s special attorney-in-fact (with full power of substitution, either generally or for such periods or purposes as Agent may from time to time prescribe) in the name, place and stead of Grantor to do any and every act and exercise any and every power that Grantor might or could do or exercise personally with respect to all Production and Production Proceeds (the same having been assigned by Grantor to Agent pursuant to Section 3.1 hereof), expressly inclusive, but not limited to, the right, power and authority to:

 

(a)                                 Execute and deliver in the name of Grantor any and all transfer orders, division orders, letters in lieu of transfer orders, indemnifications, certificates and other instruments of every nature that may be requested or required by any purchaser of Production from any of the Mortgaged Properties for the purposes of effectuating payment of the Production Proceeds to Agent or which Agent may otherwise deem necessary or appropriate to effect the intent and purposes of the assignment contained in Section 3.1; and

 

(b)                                 If under any product sales agreements other than division orders or transfer orders, any Production Proceeds are required to be paid by the purchaser to Grantor so that under such existing agreements payment cannot be made of such Production Proceeds to Agent, to make, execute and enter into such sales agreements or other agreements as are necessary to direct Production Proceeds to be payable to Agent;

 

giving and granting unto said attorney-in-fact full power and authority to do and perform any and every act and thing whatsoever necessary and requisite to be done as fully and to all intents and purposes, as Grantor might or could do if personally present; and Grantor shall be bound thereby as fully and effectively as if Grantor had personally executed, acknowledged and delivered any of the foregoing certificates or documents.  The powers and authorities herein conferred upon Agent may be exercised by Agent through any person who, at the time of the execution of the particular instrument, is an officer of Agent.  The power of attorney herein conferred is granted for valuable consideration and hence is coupled with an interest and is irrevocable so long as the Secured Indebtedness, or any part thereof, shall remain unpaid.  All persons dealing with Agent or any substitute shall be fully protected in treating the powers and authorities conferred by this paragraph as continuing in full force and effect until advised by Agent that all the Secured Indebtedness is fully and finally paid.  Agent may, but shall not be obligated to, take such action as it deems appropriate in an effort to collect the Production Proceeds and any reasonable expenses (including reasonable attorneys’ fees) so incurred by Agent shall be a demand obligation of Grantor and shall be part of the Secured Indebtedness, and shall bear interest each day, from the date of such expenditure or payment until paid, at the rate described in Section 2.3 hereof.

 

Section 3.3.                                 Change of Purchaser.  If a default has occurred and is continuing, should any person now or hereafter purchasing or taking Production fail to make payment promptly to Agent of the Production Proceeds, Agent shall, subject to then existing contractual prohibitions, have the right to make, or to require Grantor to make, a change of purchaser, and the right to

 

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designate or approve the new purchaser, and Agent shall have no liability or responsibility in connection therewith so long as ordinary care is used in making such designation.

 

Section 3.4.                                 Application of Production Proceeds.  In the event Production Proceeds are received by Agent at a time that no default exists, such Production Proceeds shall be applied by Agent to the prepayment of the Secured Indebtedness in such manner and order and to such extent as provided by the Credit Agreement, with the remainder, if any, of the Production Proceeds to be paid over to Grantor or to Grantor’s order or to such other parties as may be entitled thereto by law.  If a default has occurred and is continuing, all Production Proceeds from time to time in the hands of Agent shall be applied by it toward the payment of all Secured Indebtedness (including principal, interest, attorneys’ fees and other fees and expenses) at such times and in such manner and order and to such extent as Agent deems advisable.

 

Section 3.5.                                 Release From Liability; Indemnification.  Agent and its successors and assigns are hereby released and absolved from all liability for failure to enforce collection of the Production Proceeds and from all other responsibility in connection therewith, except the responsibility of each to account to Grantor for funds actually received by each.  Grantor agrees to indemnify and hold harmless Agent (for purposes of this paragraph, the term “Agent” shall include the directors, officers, partners, employees and agents of Agent and any persons or entities owned or controlled by or affiliated with Agent) from and against all claims, demands, liabilities, losses, damages (including without limitation consequential damages), causes of action, judgments, penalties, costs and expenses (including without limitation reasonable attorneys’ fees and expenses) imposed upon, asserted against or incurred or paid by Agent by reason of the assertion that Agent received, either before or after payment in full of the Secured Indebtedness, funds from the production of oil, gas, other hydrocarbons or other minerals claimed by third persons (and/or funds attributable to sales of production which (i) were made at prices in excess of the maximum price permitted by applicable law or (ii) were otherwise made in violation of laws, rules, regulations and/or orders governing such sales), and Agent shall have the right to defend against any such claims or actions, employing attorneys of its own selection, and if not furnished with indemnity satisfactory to it, Agent shall have the right to compromise and adjust any such claims, actions and judgments, and in addition to the rights to be indemnified as herein provided, all amounts paid by Agent in compromise, satisfaction or discharge of any such claim, action or judgment, and all court costs, attorneys’ fees and other expenses of every character expended by Agent pursuant to the provisions of this section shall be a demand obligation (which obligation Grantor hereby expressly promises to pay) owing by Grantor to Agent and shall bear interest, from the date expended until paid, at the Default Rate.  The foregoing indemnities shall not terminate upon the Maturity Date or upon the release, foreclosure or other termination of this Deed of Trust but will survive the Maturity Date, foreclosure of this Deed of Trust or conveyance in lieu of foreclosure, and the repayment of the Secured Indebtedness and the discharge and release of this Deed of Trust and the other documents evidencing and/or securing the Secured Indebtedness.  WITHOUT LIMITATION, IT IS THE INTENTION OF GRANTOR AND GRANTOR AGREES THAT THE FOREGOING RELEASES AND INDEMNITIES SHALL APPLY TO EACH INDEMNIFIED PARTY WITH RESPECT TO ALL CLAIMS, DEMANDS, LIABILITIES, LOSSES, DAMAGES (INCLUDING, WITHOUT LIMITATION, CONSEQUENTIAL DAMAGES), CAUSES OF ACTION, JUDGMENTS, PENALTIES, COSTS AND EXPENSES (INCLUDING, WITHOUT LIMITATION, REASONABLE ATTORNEYS’ FEES AND EXPENSES)

 

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WHICH IN WHOLE OR IN PART ARE CAUSED BY OR ARISE OUT OF THE NEGLIGENCE OF SUCH (AND/OR ANY OTHER) INDEMNIFIED PARTY OR BY OPERATION OF STRICT LIABILITY.  However, such indemnities shall not apply to any particular indemnified party (but shall apply to the other indemnified parties) to the extent the subject of the indemnification is caused by or arises out of the gross negligence or willful misconduct of such particular indemnified party.

 

Section 3.6.                                 Grantor’s Absolute Obligation to Pay.  Nothing herein contained shall detract from or limit the obligations of Grantor to make prompt payment of the Loans, and any and all other Secured Indebtedness, at the time and in the manner provided herein and in the Loan Documents, regardless of whether the Production and Production Proceeds herein assigned are sufficient to pay the same, and the rights under this Article III shall be cumulative of all other rights under the Loan Documents.

 

ARTICLE IV.

 

Waiver and Partial Release

 

Section 4.1.                                 The Agent, with the consent of the Lenders, may at any time and from time to time in writing:

 

(a)                                 Waive compliance by Grantor with any covenant herein made by Grantor to the extent and in the manner specified in such writing;

 

(b)                                 Consent to Grantor’s doing any act which hereunder Grantor is prohibited from doing, or to Grantor’s failing to do any act which hereunder Grantor is required to do, to the extent and in the manner specified in writing; or,

 

(c)                                  Release any part of the Mortgaged Properties, or any interest therein, or any proceeds of Hydrocarbon sales from the lien of this Deed of Trust, without the joinder of the Trustee.

 

No such act by the Agent shall in any way impair the rights of the Agent and Lenders hereunder except to the extent specifically agreed to by the Agent and Lenders in such writing.

 

Section 4.2.                                 The lien and other security rights of the Agent and Lenders hereunder shall not be impaired by any indulgence, including but not limited to (a) any forbearance, renewal, extension or modification (whether one or more) which the Lenders may grant with respect to any Secured Indebtedness, or (b) any surrender, compromise, release, renewal, extension, exchange or substitution which the Lenders may grant in respect of any item of the Mortgaged Properties or any part thereof or any interest therein.

 

ARTICLE V.

 

Possession Until Default; Defeasance and Termination

 

Section 5.1.                                 Unless a default specified in Section 6.1 hereof shall occur and be continuing, Grantor shall retain full right to the Mortgaged Properties subject, however, to all of

 

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the terms and provisions of this Deed of Trust, including without limitation, the assignments under Article III.

 

ARTICLE VI.

 

Remedies Upon Default

 

Section 6.1.                                 Default.  The term “default” as used in this Deed of Trust shall mean the occurrence of an “Event of Default” as defined in the Credit Agreement.

 

Section 6.2.                                 Foreclosure.

 

(a)                                 If a default shall occur and be continuing, the Agent shall have the right and option to proceed with foreclosure and to sell, to the extent permitted by law, all or any portion of the Mortgaged Property at one or more sales, as an entirety or in parcels, at such place or places and otherwise in such manner and upon such notice as may be required by applicable law or, in the absence of any such requirements, as the Agent may deem appropriate, and to make conveyance to the purchaser or purchasers.

 

(b)                                 Upon the occurrence of any default, Agent may foreclose this Deed of Trust pursuant to the power of public sale contained herein in accordance with the laws of the State of Colorado, in which case Agent will (i) deliver to Trustee a written notice of default and election to cause Grantor’s interest in the Mortgaged Properties to be sold, and (ii) deposit with Trustee this Deed of Trust, and such receipts or evidence of the Secured Indebtedness as Trustee may require.  Upon receipt of such notice from Agent, Trustee shall give notice of sale and shall sell the Mortgaged Properties according to the laws of the State of Colorado.  The costs and expenses incurred by Agent in the exercise of any of the remedies provided in this Deed of Trust shall be secured by this Deed of Trust.

 

(c)                                  With regard to any part of the Mortgaged Property, it is agreed that the appraisement of any such properties is expressly waived at the option of the Agent, and any such option may be exercised prior to the time judgment is rendered in any foreclosure hereon.

 

(c)                                  Notwithstanding any other provision of this Section 6.2, if any of the Secured Indebtedness is not promptly paid, Agent shall have the right and power to proceed by a suit or suits in equity or at law, whether for the specific performance of any covenant or agreement herein contained or in aid of the execution of any power herein granted, or for any foreclosure hereunder or for the sale of the Mortgaged Property under the judgment or decree of any court or courts of competent jurisdiction.

 

(d)                                 Notwithstanding any other provision, Agent shall also have the option to proceed with foreclosure in satisfaction of any Secured Indebtedness which has not been paid when due either through the courts or by proceeding with foreclosure.  It is further agreed that several sales may be made hereunder without exhausting the right of sale for any subsequent Secured Indebtedness, it being the purpose hereof to provide for a foreclosure and sale of the security for any matured portion of the Secured Indebtedness without exhausting the power to foreclose and sell the Mortgaged Property for any subsequently maturing portion of the Secured Indebtedness.

 

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(e)                                  The Mortgaged Property may be sold in one or more parcels and in such manner and order as Agent, in its sole discretion, may elect, it being expressly understood and agreed that the right of sale arising out of any default shall not be exhausted by any one or more sales.

 

(f)                                   Grantor agrees to the full extent that it lawfully may, that in the event of a default that has not been remedied, Agent shall have the right and power to enter into and upon and take possession of all or any part of the Mortgaged Property in the possession of Grantor, its successors or assigns, or its or their agents or servants.

 

(g)                                  Every right, power and remedy herein given to Agent shall be cumulative and in addition to every other right, power and remedy herein specifically given or now or hereafter existing in equity, at law or by statute (including specifically those granted by the UCC in effect and applicable to the Mortgaged Property or any portion thereof) each and every right, power and remedy whether specifically herein given or otherwise existing may be exercised from time to time and so often and in such order as may be deemed expedient by Agent, and the exercise, or the beginning of the exercise, of any such right, power or remedy shall not be deemed a waiver of the right to exercise, at the same time or thereafter any other right, power or remedy.  No delay or omission by Agent in the exercise of any right, power or remedy shall impair any such right, power or remedy or operate as a waiver thereof or of any other right, power or remedy then or thereafter existing.

 

(h)                                 Grantor shall not be relieved of any obligation herein by reason of the failure of Agent to comply with any request of Grantor to foreclose the lien of this Deed of Trust or the release, regardless of consideration, of the Mortgaged Property or any portion thereof or interest therein.

 

(i)                                     Agent may release, regardless of consideration, any part of the Mortgaged Property without, as to the remainder, in any way impairing, affecting, subordinating or releasing the lien or security interest created in or evidenced by this Deed of Trust or its stature as a first and prior lien and security interest in and to the Mortgaged Property, and without in any way releasing or diminishing the liability of any person or entity liable for the repayment of the Secured Indebtedness.  For payment of the Secured Indebtedness, Agent may resort to any other security therefor held by Agent in such order and manner as Agent may elect.

 

(j)                                    To the fullest extent permitted by law, Grantor hereby irrevocably and unconditionally waives and releases (a) all benefits that might accrue to Grantor by virtue of any present or future moratorium law or other law exempting the Mortgaged Property from attachment, levy or sale on execution or providing for any appraisement, valuation, stay of execution, exemption from civil process, redemption or extension of time for payment; (b) all notices of any event of default or of Agent’s election to exercise (or its actual exercise of) any right, remedy or recourse provided for hereunder; and (c) any right to a marshaling of assets.

 

(k)                                 In case Agent shall have proceeded to invoke any right, remedy or recourse permitted hereunder and shall thereafter elect to discontinue or abandon same for any reason, Agent shall have the unqualified right so to do and, in such an event, Grantor and Agent shall be restored to their former positions with respect to the Secured Indebtedness, this Deed of Trust,

 

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the Mortgaged Property and otherwise, and the rights, remedies, recourses and powers of Agent shall continue as if same had never been invoked.

 

Section 6.3.                                 Effective as Mortgage.  This instrument shall be effective as a mortgage as well as a deed of trust and, if a default has occurred and is continuing, may be foreclosed as to the Mortgaged Properties, or any portion thereof, in any manner permitted by applicable law, and any foreclosure suit may be brought by Trustee or by Agent.  To the extent, if any, required to cause this instrument to be so effective as a mortgage as well as a deed of trust, Grantor hereby mortgages the Mortgaged Properties to Agent.  In the event a foreclosure hereunder as to the Mortgaged Properties, or any part thereof, shall be commenced by Trustee, or his or her substitute or successor, Agent may at any time before the sale of such properties direct Trustee to abandon the sale, and may then institute suit for the foreclosure of this Deed of Trust as to such properties.  It is agreed that if Agent should institute a suit for the foreclosure of this Deed of Trust, Agent may at any time before the entry of a final judgment in said suit dismiss the same, and require Trustee or his or her substitute or successor, to sell the Mortgaged Properties, or any part thereof, in accordance with the provisions of this Deed of Trust.

 

Section 6.4.                                 Remedies under the UCC.

 

(a)                                 In addition to and cumulative of any other remedies granted in this instrument to Agent or the Trustee, Agent may, in event of default, proceed under the UCC as to all or any part of the Collateral and shall have and may exercise with respect to the Collateral all the rights, remedies and powers of a secured party under the UCC, including, without limitation, the right and power to sell, at public or private sale or sales, or otherwise dispose of, lease or utilize the Collateral and any part or parts thereof in any manner authorized or permitted under the UCC after default by a debtor, and to apply the proceeds thereof toward payment of any costs and expenses and attorneys’ fees and legal expenses thereby incurred by Agent, and toward payment of the Secured Indebtedness in such order or manner as Agent may elect.

 

(b)                                 Upon a default, Agent shall have the right (without limitation, subject to the UCC) to take possession of the Collateral and to enter upon any premises where same may be situated for such purpose without being deemed guilty of trespass and without liability for damages thereby occasioned, and to take any action deemed necessary or appropriate or desirable by Agent, at its option and in its discretion, to repair, refurbish or otherwise prepare the Collateral for sale, lease or other use or disposition as herein authorized.

 

(c)                                  To the extent permitted by law, Grantor expressly waives any notice of sale or other disposition of the Collateral and any other right or remedies of a debtor or formalities prescribed by law relative to sale or disposition of the Collateral or exercise of any other right or remedy of Agent existing after default hereunder; and to the extent any such notice is required and cannot be waived, Grantor agrees that if such notice is mailed, postage prepaid, to Grantor at the address shown with debtor’s signature hereinbelow at least ten days before the time of the sale or disposition, such notice shall be deemed reasonable and shall fully satisfy any requirement for giving of said notice.

 

(d)                                 Agent is expressly granted the right to receive the monies, income, proceeds or benefits attributable or accruing to the Collateral and to hold the same as security for the Secured

 

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Indebtedness or to apply it on the principal and interest or other amounts owing on any of the Secured Indebtedness, in such order or manner as Agent may elect.  All rights to marshaling of assets of Grantor, including any such right with respect to the Collateral, are hereby waived.

 

(e)           All recitals in any instrument of assignment or any other instrument executed by Agent incident to sale, transfer, assignment, lease or other disposition or utilization of the Collateral or any part thereof hereunder shall be prima facie evidence of the matter stated therein, no other proof shall be required to establish full legal propriety of the sale or other action or of any fact, condition or thing incident thereto, and all prerequisites of such sale or other action and of any fact, condition or thing incident thereto shall be presumed to have been performed or to have occurred.

 

(f)            Should Agent elect to exercise its right under the UCC as to part of the personal property described herein, this election shall not preclude Agent or the Trustee from exercising the rights and remedies granted by the preceding paragraphs of this instrument as to the remaining personal property.

 

Section 6.5.           Proceeds of Foreclosure.  The proceeds of any sale of the Mortgaged Property or any part thereof and all other monies received by Agent through any proceedings for the enforcement hereof or otherwise, shall be applied:

 

FIRST, to the payment of all expenses incurred by Agent incident to the enforcement of this Deed of Trust, the Notes or any of the Secured Indebtedness (including, without limiting the generality of the foregoing, expenses of any entry or taking of possession, of any sale, of advertisement thereof and of conveyances, and court costs, compensation of agents and employees, legal fees and a reasonable commission to the Trustee acting), and to the payment of all other charges, expenses, liabilities and advances incurred or made by Agent under this Deed of Trust or in executing any power hereunder;

 

SECOND, to payment of the Secured Indebtedness in such manner and order as provided by the Credit Agreement; and,

 

THIRD, to Grantor or as otherwise required by any governmental authority having jurisdiction over the application of such proceeds.

 

Section 6.6.           Grantor’s Waiver of Certain Rights.  To the full extent Grantor may do so, Grantor agrees that Grantor will not at any time insist upon, plead, claim or take the benefit or advantage of any law now or hereafter in force providing for any appraisement, valuation, stay, extension or redemption, and Grantor, for Grantor, Grantor’s heirs, devisees, representatives, successors and assigns, and for any and all persons ever claiming any interest in the Property, to the extent permitted by applicable law, hereby waives and releases all rights of appraisement, valuation, stay of execution, redemption, notice of intention to mature or declare due the whole of the secured indebtedness, notice of election to mature or declare due the whole of the secured indebtedness and all rights to a marshaling of assets of Grantor, including the Property, or to a sale in inverse order of alienation in the event of foreclosure of the liens and/or security interests hereby created.  Grantor shall not have or assert any right under any statute or rule of law

 

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pertaining to the marshaling of assets, sale in inverse order of alienation, the exemption of homestead, the administration of estates of decedents, or other matters whatever to defeat, reduce or affect the right under the terms of this Deed of Trust to a sale of the Property for the collection of the secured indebtedness without any prior or different resort for collection, or the right under the terms of this Deed of Trust to the payment of the secured indebtedness out of the proceeds of sale of the Property in preference to every other claimant whatever.  If any law referred to in this section and now in force, of which Grantor or Grantor’s heirs, devisees, representatives, successors or assigns or any other persons claiming any interest in the Mortgaged Properties or the Collateral might take advantage despite this section, shall hereafter be repealed or cease to be in force, such law shall not thereafter be deemed to preclude the application of this section.

 

ARTICLE VII.

 

Miscellaneous

 

Section 7.1.           Notice to Account Debtors.  In addition to, but without limitation of, the rights granted in Article III and Article VI hereof, Agent may, at any time after a default has occurred that is continuing, notify the account debtors or obligors of any accounts, chattel paper, negotiable instruments or other evidences of indebtedness included in the Collateral to pay Agent directly.

 

Section 7.2.           No Impairment of Security.  The lien, security interest and other security rights hereunder shall not be impaired by any indulgence, moratorium or release which may be granted, including, but not limited to, any renewal, extension or modification which may be granted with respect to any secured indebtedness, or any surrender, compromise, release, renewal, extension, exchange or substitution which may be granted in respect of the Property (including without limitation Production Proceeds), or any part thereof or any interest therein, or any release or indulgence granted to any endorser, guarantor or surety of any secured indebtedness.

 

Section 7.3.           Acts Not Constituting Waiver.  Any default may be waived without waiving any other prior or subsequent default.  Any default may be remedied without waiving the default remedied.  Neither failure to exercise, nor delay in exercising, any right, power or remedy upon any default shall be construed as a waiver of such default or as a waiver of the right to exercise any such right, power or remedy at a later date.  No single or partial exercise of any right, power or remedy hereunder shall exhaust the same or shall preclude any other or further exercise thereof, and every such right, power or remedy hereunder may be exercised at any time and from time to time.  No modification or waiver of any provision hereof nor consent to any departure by Grantor therefrom shall in any event be effective unless the same shall be in writing and signed by Agent and then such waiver or consent shall be effective only in the specific instances, for the purpose for which given and to the extent therein specified.  No notice to nor demand on Grantor in any case shall of itself entitle Grantor to any other or further notice or demand in similar or other circumstances.  Acceptance of any payment in an amount less than the amount then due on any secured indebtedness shall be deemed an acceptance on account only and shall not in any way excuse the existence of a default hereunder.

 

Section 7.4.           Grantor’s Successors.  In the event the ownership of the Property or any part thereof becomes vested in a person other than Grantor, then, without notice to Grantor, such

 

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successor or successors in interest may be dealt with, with reference to this Deed of Trust and to the indebtedness secured hereby, in the same manner as with Grantor, without in any way vitiating or discharging Grantor’s liability hereunder or for the payment of the indebtedness or performance of the obligations secured hereby.  No transfer of the Property, no forbearance, and no extension of the time for the payment of the indebtedness secured hereby shall operate to release, discharge, modify, change or affect, in whole or in part, the liability of Grantor hereunder or for the payment of the indebtedness or performance of the obligations secured hereby or the liability of any other person hereunder or for the payment of the indebtedness secured hereby.

 

Section 7.5.           Subrogation to Existing Liens.  To the extent that proceeds of the secured indebtedness are used to pay indebtedness secured by any outstanding lien, security interest, charge or prior encumbrance against the Property, such proceeds have been advanced at Grantor’s request, and the party or parties advancing the same shall be subrogated to any and all rights, security interests and liens owned by any owner or holder of such outstanding liens, security interests, charges or encumbrances, irrespective of whether said liens, security interests, charges or encumbrances are released, and it is expressly understood that, in consideration of the payment of such indebtedness, Grantor hereby waives and releases all demands and causes of action for offsets and payments to, upon and in connection with the said indebtedness.

 

Section 7.6.           Application of Payments to Certain Indebtedness.  If any part of the secured indebtedness cannot be lawfully secured by this Deed of Trust or if any part of the Property cannot be lawfully subject to the lien and security interest hereof to the full extent of such indebtedness, then all payments made shall be applied on said indebtedness first in discharge of that portion thereof which is not secured by this Deed of Trust.

 

Section 7.7.           Compliance With Usury Laws.  It is the intent of Grantor, Secured Parties and all other parties to the Loan Documents to contract in strict compliance with applicable usury law from time to time in effect.  In furtherance thereof, it is stipulated and agreed that none of the terms and provisions contained herein shall ever be construed to create a contract to pay, for the use, forbearance or detention of money, interest in excess of the maximum amount of interest permitted to be charged by applicable law from time to time in effect.

 

Section 7.8.           Notices.  All notices, requests, consents, demands and other communications required or permitted hereunder shall be in writing and shall be deemed sufficiently given or furnished if delivered by personal delivery, by telecopy, by delivery service with proof of delivery, or by registered or certified United States mail, postage prepaid, at the addresses specified at the end of this Deed of Trust (unless changed by similar notice in writing given by the particular party whose address is to be changed).  Any such notice or communication shall be deemed to have been given (a) in the case of personal delivery or delivery service, as of the date of first attempted delivery at the address and in the manner provided herein, (b) in the case of facsimile, upon receipt thereof, and (c) in the case of registered or certified United States mail, three days after deposit in the mail.  Notwithstanding the foregoing, or anything else in the Loan Documents which may appear to the contrary, any notice given in connection with a foreclosure of the liens and/or security interests created hereunder, or otherwise in connection with the exercise by Agent, any Lender or Trustee of their respective rights hereunder or under any other Loan Document, which is given in a manner

 

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permitted by applicable law shall constitute proper notice; without limitation of the foregoing, notice given in a form required or permitted by statute shall (as to the portion of the Property to which such statute is applicable) constitute proper notice.

 

Section 7.9.           Invalidity of Certain Provisions.  A determination that any provision of this Deed of Trust is unenforceable or invalid shall not affect the enforceability or validity of any other provision and the determination that the application of any provision of this Deed of Trust to any person or circumstance is illegal or unenforceable shall not affect the enforceability or validity of such provision as it may apply to other persons or circumstances.

 

Section 7.10.         Gender; Titles.  Within this Deed of Trust, words of any gender shall be held and construed to include any other gender, and words in the singular number shall be held and construed to include the plural, unless the context otherwise requires.  Titles appearing at the beginning of any subdivisions hereof are for convenience only, do not constitute any part of such subdivisions, and shall be disregarded in construing the language contained in such subdivisions.

 

Section 7.11.         Certain Consents.  Except where otherwise expressly provided herein, in any instance hereunder where the approval, consent or the exercise of judgment of Agent or any Lender is required, the granting or denial of such approval or consent and the exercise of such judgment shall be within the sole discretion of such party, and such party shall not, for any reason or to any extent, be required to grant such approval or consent or exercise such judgment in any particular manner, regardless of the reasonableness of either the request or the judgment of such party.

 

Section 7.12.         Certain Obligations of Grantor.  Without limiting Grantor’s obligations hereunder, Grantor’s liability hereunder shall extend to and include all post petition interest, expenses, and other duties and liabilities with respect to Grantor’s obligations hereunder which would be owed but for the fact that the same may be unenforceable due to the existence of a bankruptcy, reorganization or similar proceeding.

 

Section 7.13.         Authority of Agent.  The persons constituting the Lenders may, by agreement among them, provide for and regulate Agent’s exercise of rights and remedies hereunder, but, unless and until modified to the contrary in writing signed by all such persons and recorded in the same counties as this Deed of Trust is recorded, (i) all persons other than Grantor and its affiliates shall be entitled to rely on the releases, waivers, consents, approvals, notifications and other acts (including, without limitation, appointment of substitute or successor trustee, or trustees, hereunder and the bidding in of all or any part of the secured indebtedness held by any one or more Lenders, whether the same be conducted under the provisions hereof or otherwise) of Agent, without inquiry into any such agreements or the existence of required consent or approval of any persons constituting the Lenders and without the joinder of any party other than Agent in such releases, waivers, consents, approvals, notifications or other acts and (ii) all notices, requests, consents, demands and other communications required or permitted to be given hereunder may be given to Agent.

 

Section 7.14.         Successors and Assigns.  The terms, provisions, covenants, representations, indemnifications and conditions hereof shall be binding upon Grantor, and the successors and assigns of Grantor, and shall inure to the benefit of Agent, Trustee and each

 

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person constituting a Lender and their respective successors and assigns, and shall constitute covenants running with the Mortgaged Properties.  Should the agency under which Agent serves be terminated, or otherwise cease to exist, Lenders (including the respective successors and assigns of each person constituting a Lender named herein) shall be deemed to be the successors to Agent.  All references in this Deed of Trust to Grantor, Agent, Trustee or Lenders shall be deemed to include all such successors and assigns.

 

Section 7.15.         CHOICE OF LAW.  WITHOUT REGARD TO PRINCIPLES OF CONFLICTS OF LAW, THIS DEED OF TRUST SHALL BE CONSTRUED AND ENFORCED IN ACCORDANCE WITH AND GOVERNED BY THE LAWS OF THE STATE OF COLORADO APPLICABLE TO CONTRACTS MADE AND TO BE PERFORMED ENTIRELY WITHIN SUCH STATE AND THE LAWS OF THE UNITED STATES OF AMERICA, EXCEPT THAT TO THE EXTENT THAT THE LAW OF A STATE IN WHICH A PORTION OF THE PROPERTY IS LOCATED (OR WHICH IS OTHERWISE APPLICABLE TO A PORTION OF THE PROPERTY) NECESSARILY GOVERNS WITH RESPECT TO PROCEDURAL AND SUBSTANTIVE MATTERS RELATING TO THE CREATION, PERFECTION, PRIORITY AND ENFORCEMENT OF THE LIENS, SECURITY INTERESTS AND OTHER RIGHTS AND REMEDIES OF THE TRUSTEE, AGENT OR THE LENDERS GRANTED HEREIN, THE LAW OF SUCH STATE SHALL APPLY AS TO THAT PORTION OF THE PROPERTY LOCATED IN (OR WHICH IS OTHERWISE SUBJECT TO THE LAWS OF) SUCH STATE.

 

THIS WRITTEN AGREEMENT REPRESENT THE FINAL AGREEMENT BETWEEN THE PARTIES WITH RESPECT HERETO AND MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR CONTEMPORANEOUS OR SUBSEQUENT ORAL AGREEMENTS OF THE PARTIES.  THERE ARE NO UNWRITTEN ORAL AGREEMENTS BETWEEN THE PARTIES.

 

[SIGNATURE PAGES FOLLOW]

 

22

 

IN WITNESS WHEREOF, the undersigned have caused this instrument to be executed by their duly authorized undersigned officers effective as of February 1, 2018.

 

	
 
    	
PETROSHARE CORP., as the   Grantor
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
By:
    	
 
    
	
 
    	
Name: Frederick J.   Witsell
    
	
 
    	
Title: President
    

 

	
STATE OF
    	
§
    
	
 
    	
§
    
	
COUNTY OF
    	
§
    

 

This instrument was acknowledged before me on this       day of               . 2018, by Frederick J. Witsell, President of PetroShare Corp., on behalf of said corporation.

 

Witness my hand and official seal.

 

	
 
    	
 
    
	
 
    	
Notary Public, State of
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
My commission expires:
    	
 
    

 

The address of Grantor is:

 

PetroShare Corp.

9635 S. Maroon Circle, Suite 400

Englewood, CO 80112

Attention:   Frederick J. Witsell

 

- Signature Page to Deed of Trust, Mortgage,

Assignment of Production, Security Agreement and Financing Statement -

 

 

This Deed of Trust, Mortgage, Assignment of Production, Security Agreement and Financing Statement is executed by the undersigned solely for the purpose of acknowledging and accepting the benefits conferred on Grantee herein.

 

	
 
    	
PROVIDENCE WATTENBERG,   LP, as the Agent
    
	
 
    	
 
    
	
 
    	
By: Providence   Wattenberg GP, LLC, its general partner
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
By:
    	
 
    
	
 
    	
Name:
    
	
 
    	
Title:
    

 

	
STATE OF
    	
§
    
	
 
    	
§
    
	
COUNTY OF
    	
§
    

 

This instrument was acknowledged before me on this       day of               . 2018, by                      ,                 of Providence Wattenberg GP, LLC, on behalf of said limited liability company, in its capacity as the general partner of Providence Wattenberg, LP.

 

Witness my hand and official seal.

 

	
 
    	
 
    
	
 
    	
Notary Public, State of
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
My commission expires:
    	
 
    

 

The address of Agent is:

 

Providence Wattenberg, LP

16400 North Dallas Parkway, Suite 400

Dallas, TX 75248

Attention:

 

- Signature Page to Deed of Trust, Mortgage,

Assignment of Production, Security Agreement and Financing Statement -

 

 

EXHIBIT A

 

ATTACHED TO AND FORMING A PART OF THE

DEED OF TRUST, MORTGAGE, ASSIGNMENT OF PRODUCTION,

SECURITY AGREEMENT AND FINANCING STATEMENT

 

This Exhibit A contains specific description of the “Lands,” “Leases,” “Mineral Interests”  and “Wells” comprising a portion of the “Mortgaged Properties”, as those terms are defined in the Deed of Trust, Mortgage, Assignment of Production, Security Agreement and Financing Statement (the “Deed of Trust”) to which this Exhibit A is attached.

 

LANDS

 

The Deed of Trust covers all right, title and interest the Mortgagor now owns or subsequently acquires in the following lands situated in Adams County, Colorado (“Lands”):

 

[see attached]

 

A-1

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