Document:

Unassociated Document

    Confidential
      treatment has been requested for portions of this exhibit. The copy filed
      herewith omits the information subject to the confidentiality request. Omissions
      are designated as [***]. A complete version of this exhibit has been filed
      separately with the Securities and Exchange Commission

    

    

    Private
      Label

    PCS
      Services Agreement

    between

    Sprint
      Spectrum L.P.

    and

    Oblio
      Telecom L.L.P.

    

    

    

    

    
      
        
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            Confidential Information - RESTRICTED

          

        

        
        

      

      
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    PRIVATE
      LABEL PCS SERVICES AGREEMENT

    
      
        
          
            	 	 
	
                    TABLE
                      OF CONTENTS

                  	 
	
                    1.

                  	
                    DEFINITIONS

                  	
                    4

                  
	
                    2.

                  	
                    PURCHASER
                      RELATIONSHIP

                  	
                    7

                  
	
                    2.1.

                  	
                    General

                  	
                    7

                  
	
                    2.2.

                  	
                    Pricing
                      Severability

                  	
                    8

                  
	
                    3.

                  	
                    SPRINT
                      TERM

                  	
                    8

                  
	
                    3.1.

                  	
                    General

                  	
                    8

                  
	
                    3.2.

                  	
                    Phase-Out
                      Period

                  	
                    8

                  
	
                    4.

                  	
                    CONDITIONS
                      PRECEDENT

                  	
                    8

                  
	
                    5.

                  	
                    REPRESENTATIONS
                      AND WARRANTIES

                  	
                    9

                  
	
                    5.1.

                  	
                    Due
                      Incorporation or Formation; Authorization of Agreements

                  	
                    9

                  
	
                    5.2.

                  	
                    No
                      Conflict; No Default

                  	
                    9

                  
	
                    5.3.

                  	
                    Litigation

                  	
                    9

                  
	
                    6.

                  	
                    SCOPE
                      OF PCS SERVICE

                  	
                    9

                  
	
                    6.1.

                  	
                    PCS
                      Service

                  	
                    9

                  
	
                    6.2.

                  	
                    Limitation
                      on Scope of PCS Service

                  	
                    9

                  
	
                    6.3.

                  	
                    Sprint
                      Handset Handling Services

                  	
                    11

                  
	
                    6.4.

                  	
                    Coverage
                      Maps

                  	
                    12

                  
	
                    6.5.

                  	
                    MDN
                      Pooling

                  	
                    12

                  
	
                    6.6.

                  	
                    Billing
                      Records

                  	
                    12

                  
	
                    6.7.

                  	
                    Private
                      Label Operations Manual

                  	
                    13

                  
	
                    6.8.

                  	
                    Customized
                      Services

                  	
                    13

                  
	
                    7.

                  	
                    PRICES
                      AND TERMS OF PAYMENT

                  	
                    13

                  
	
                    7.1.

                  	
                    Payment
                      of Charges

                  	
                    13

                  
	
                    7.2.

                  	
                    Invoices

                  	
                    13

                  
	
                    7.3.

                  	
                    Late
                      Payments

                  	
                    14

                  
	
                    7.4.

                  	
                    Disputed
                      Charges

                  	
                    14

                  
	
                    7.5.

                  	
                    Taxes
                      and Other Levies by Governmental Authorities

                  	
                    15

                  
	
                    7.6.

                  	
                    Security
                      and Security Interest in Purchaser’s Receivables

                  	
                    15

                  
	
                    8.

                  	
                    PURCHASER
                      RIGHTS AND OBLIGATIONS

                  	
                    16

                  
	
                    8.1.

                  	
                    Handsets

                  	
                    16

                  
	
                    8.2.

                  	
                    Purchaser
                      Staff

                  	
                    17

                  
	
                    8.3.

                  	
                    Ethical
                      Responsibility

                  	
                    18

                  
	
                    8.4.

                  	
                    Purchaser’s
                      Responsibility and Liability

                  	
                    18

                  
	
                    8.5.

                  	
                    Purchaser’s
                      Responsibility for Fraud

                  	
                    18

                  
	
                    8.6.

                  	
                    Interference

                  	
                    19

                  
	
                    8.7.

                  	
                    Purchaser’s
                      Reports to Sprint

                  	
                    19

                  
	
                    8.8.

                  	
                    Subpoena
                      Compliance

                  	
                    19

                  
	
                    8.9.

                  	
                    Electronic
                      Surveillance

                  	
                    19

                  
	
                    9.

                  	
                    SPRINT’S
                      RIGHTS AND OBLIGATIONS

                  	
                    20

                  

          

           

          
            
              
              

            

            
              2

              
                

              

            

            
              
              

            

          

          
            
              	
                      9.1.

                    	
                      Modifications

                    	
                      20

                    
	
                      9.2.

                    	
                      Roaming
                        Services

                    	
                      20

                    
	
                      9.3.

                    	
                      Sprint
                        Network Fraud Detection and Responsibility

                    	
                      21

                    
	
                      9.4.

                    	
                      Sprint’s
                        Reports to Purchaser

                    	
                      22

                    
	
                      10.

                    	
                      LIMITATIONS
                        OF WARRANTIES AND LIABILITIES

                    	
                      22

                    
	
                      10.1.

                    	
                      No
                        Warranties

                    	
                      22

                    
	
                      10.2.

                    	
                      Limitations
                        on Liability

                    	
                      22

                    
	
                      11.

                    	
                      TRADE
                        NAME, TRADE MARKS AND SERVICE MARKS

                    	
                      22

                    
	
                      11.1.

                    	
                      Sprint’s
                        Rights

                    	
                      22

                    
	
                      11.2.

                    	
                      Purchaser’s
                        Rights

                    	
                      23

                    
	
                      11.3.

                    	
                      Remedies
                        for Violations

                    	
                      23

                    
	
                      12.

                    	
                      INSURANCE

                    	
                      23

                    
	
                       

                    	 	
                       

                    
	
                      13.

                    	
                      INDEMNIFICATION

                    	
                      24

                    
	
                      13.1.

                    	
                      Purchaser’s
                        General Third Party Indemnity

                    	
                      24

                    
	
                      13.2.

                    	
                      Sprint’s
                        General Third Party Indemnity

                    	
                      24

                    
	
                      13.3.

                    	
                      Indemnification
                        Procedures

                    	
                      24

                    
	
                      14.

                    	
                      BREACH,
                        REMEDIES AND EARLY TERMINATION OF THE AGREEMENT

                    	
                      25

                    
	
                      14.1.

                    	
                      Breach

                    	
                      25

                    
	
                      14.2.

                    	
                      Early
                        Termination by Sprint Due to Loss of Licenses

                    	
                      27

                    
	
                      14.3.

                    	
                      Length
                        of and Duties During the Phase-out Period

                    	
                      27

                    
	
                      14.4.

                    	
                      Effect
                        of Termination

                    	
                      28

                    
	
                      15.

                    	
                      RESTRICTIONS
                        ON TRANSFER

                    	
                      28

                    
	
                      15.1.

                    	
                      Right
                        of First Refusal

                    	
                      27

                    
	
                      15.2.

                    	
                      Termination
                        Option By Sprint Upon the Occurrence of Certain Events

                    	
                       

                    
	
                      15.3.

                    	
                      Rights
                        to End User Accounts in Connection with Liquidation or
                        Dissolution

                    	
                      29

                    
	
                      15.4.

                    	
                      Non-Solicitation/Non-Disclosure
                        Obligations

                    	
                      29

                    
	
                      15.5.

                    	
                      Remedies

                    	
                      29

                    
	
                      16.

                    	
                      CONFIDENTIALITY

                    	
                      29

                    
	
                      16.1.

                    	
                      Restriction

                    	
                      29

                    
	
                      16.2.

                    	
                      Care

                    	
                      29

                    
	
                      16.3.

                    	
                      Return

                    	
                      30

                    
	
                      16.4.

                    	
                      Limitation

                    	
                      30

                    
	
                      16.5.

                    	
                      Relief

                    	
                      30

                    
	
                      16.6.

                    	
                      Information
                        Security

                    	
                      31

                    
	
                      17.

                    	
                      ASSIGNMENT

                    	
                      31

                    
	
                      18.

                    	
                      GENERAL
                        PROVISIONS

                    	
                      32

                    
	
                      18.1.

                    	
                      Notices
                        and Inquiries

                    	
                      32

                    
	
                      18.2.

                    	
                      Construction

                    	
                      32

                    
	
                      18.3.

                    	
                      Independent
                        Contractors

                    	
                      33

                    
	
                      18.4.

                    	
                      Survival

                    	
                      33

                    
	
                      18.5.

                    	
                      Headings

                    	
                      33

                    
	
                      18.6.

                    	
                      Severability

                    	
                      33

                    
	
                      18.7.

                    	
                      Governing
                        Law; Exclusive Venue

                    	
                      34

                    
	
                      18.8.

                    	
                      Waiver
                        of Jury Trial

                    	
                      34

                    
	
                      18.9.

                    	
                      Counterpart
                        Execution

                    	
                      34

                    
	
                      18.10.

                    	
                      Entire
                        Agreement; Amendments

                    	
                      34

                    
	
                      18.11.

                    	
                      Parties
                        in Interest; Limitation on Rights of Others

                    	
                      34

                    

            

             

            
              
                
                

              

              
                3

                
                  

                

              

              
                
                

              

            

            
              	
                      18.12.

                    	
                      Waivers;
                        Remedies

                    	
                      34

                    
	
                      18.13.

                    	
                      Force
                        Majeure

                    	
                      34

                    
	
                      18.14.

                    	
                      Disclosure

                    	
                      35

                    
	
                      18.15.

                    	
                      Compliance
                        with Laws

                    	
                      35

                    
	 	
                       

                    	 

            

          

        

         

      

    

    

    SCHEDULE
      1.0 PCS
      SERVICES

    ATTACHMENT
      NO. 1 TO SCHEDULE 1.0

    SCHEDULE
      2.0 MARKETS

    SCHEDULE
      3.0 APPRAISAL
      PROCESS AND PROCEDURES

    EXHIBIT
      A FORM
      OF LETTER OF CREDIT

    

    

    
      
        
           

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    Private
      Label PCS Services Agreement

     

    This
      Private Label PCS Services Agreement is dated as of _____________, 2005
      (“Effective Date”) by and between Sprint Spectrum L.P., a Delaware limited
      partnership, d/b/a/ Sprint (“Sprint”) and Oblio Telecom L.L.P., a Texas limited
      liability partnership (“Purchaser”).

     

    BACKGROUND

     

    A. Sprint
      owns PCS licenses and is affiliated with other PCS license owners or PCS service
      providers. Sprint and its Sprint Service Provider Affiliates own and operate
      the
      Sprint Network and provide PCS services in the United States.

     

    B. Subject
      to this Agreement, Purchaser desires to purchase PCS Service from Sprint and
      market and sell the service to End Users in the Target Market as Private Label
      Service. Sprint desires to sell to Purchaser PCS Service for resale to End
      Users.

    NOW,
      THEREFORE, and in consideration of the mutual promises set forth in this
      Agreement, Sprint and Purchaser agree:

     

    OPERATIVE
      TERMS

     

    
      	
              1.

            	
              Definitions

            

    

     

    “African
      Countries” means Egypt, Ethiopia, Eritrea, Kenya, Morocco, Nigeria and
      Sudan.

     

    “Affiliate”
      means a person that, directly or indirectly, (i) wholly-owns a party
      or
      (ii) is a wholly-owned subsidiary of a party, or (iii) is under common control
      with a party.

     

    “Agreement”
      means the Private Label PCS Services Agreement between Sprint and Purchaser
      and
      all of its Schedules, Exhibits, Attachments and Addenda, as amended from time
      to
      time.

     

    “Asian
      Countries” means Bangladesh, China, India, Israel, Jordan, Lebanon, Pakistan,
      Philippines, Saudi Arabia, Syria, U.A.E. and Vietnam. 

     

    “Customer”
      means any person, other than Purchaser, purchasing from Sprint (i) PCS
      service, including any prepaid service, or (ii) any other services offered
      for sale by Sprint.

     

    "Confidential
      Information" means (i) this Agreement and the discussions, negotiations and
      proposals related to this Agreement and (ii) any information exchanged in
      connection with this Agreement concerning the other party's business including,
      tangible, intangible, visual, electronic, written, or oral information, such
      as:
      (a) Sprint Data and trade secrets, (b) financial information and pricing, (c)
      technical information, such as research, development, procedures, algorithms,
      data, designs, and know-how, and (d) business information, such as operations,
      planning, marketing interests, and products, whether, under each of the clauses
      (i) and (ii) of this definition, received directly or indirectly from the other
      party, or in the case of Sprint, from Sprint Customers.

     

    "Contract
      Year" means each 12 month-period starting on the In Service Date and every
      anniversary date thereafter.

     

    “European
      Countries” means Czech Republic, Poland and Romania.

     

    “Effective
      Date” has the meaning assigned to the term in the Preamble.

    
      
        
          

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    “End
      User” means any person purchasing Private Label Service from
      Purchaser.

     

    “ESN”
      means the electronic equipment number for each handset in a form satisfactory
      to
      Sprint.

     

    “Facilities”
      means the telecommunications switching equipment, cell site transceiver
      equipment, connecting circuits, software and other equipment installed,
      maintained, expanded, modified or replaced by Sprint to render PCS Service
      within a Market.

     

    “FCC”
      means the Federal Communication Commission or any successor agency.

     

    “Governmental
      Authority” means any nation or government, or any state or other political
      subdivision thereof, or any entity exercising executive, legislative judicial,
      regulatory or administrative functions of or pertaining to government, including
      the FCC.

     

    “Handset
      Proprietary Information” means (i) Sprint’s preferred roaming list, as
      changed by Sprint, in its sole discretion, from time to time, (ii) software
      implementing Sprint’s handset user interface design features and structure,
      developed and installed in handsets with or for Sprint by manufacturers under
      agreements preserving Sprint’s proprietary rights therein, including changes,
      updates, modifications and enhancements to the software which may be effected
      from time to time during the term of this Agreement by Sprint, its agents or
      vendors; and (iii) software effecting compatibility between handsets and the
      Facilities and any ancillary systems, developed and installed in handsets with
      or for Sprint by manufacturers under agreements preserving Sprint’s proprietary
      rights therein, including changes, updates, modifications and enhancements
      to
      the software which may be effected from time to time during the term of this
      Agreement by Sprint, its agents or vendors, which software is embodied in
      firmware or read-only memory (programmable or otherwise) or both associated
      with
      handsets which may be delivered to Purchaser by or on behalf of a manufacturer
      authorized under the Private Label Operations Manual.

     

    “In
      Service Date” means the date that Purchaser first has End Users activated in any
      Market under this Agreement.

     

    "IRs"
      means Purchaser's Independent Representatives, who are independent contractors
      of Purchaser authorized to sell Purchaser's products and services on behalf
      of
      Purchaser as specified by Purchaser from time to time.

     

    “Latin
      American Countries” means Brazil, Columbia, Cuba, Dominican Republic, El
      Salvador, Guatemala, Haiti, Honduras, Jamaica and Mexico. 

     

    “License”
      means the PCS license issued by the FCC to Sprint or a Sprint Service Provider
      Affiliate.

     

    “MDN”
      means a mobile dialing telephone number assigned to a handset by Sprint under
      Section 6.5.

     

    “Net
      End
      Users" means the number of End Users that activate Private Label Service through
      a particular point in time or during a specified period in the Markets minus
      the
      total number of End Users that deactivate Private Label Service during the
      same
      period in the Markets. For purposes of this definition, each MDN activated
      by an
      End User shall count as a separate End User.

    
      
        
          

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    “PCS”
      means all radio communications that encompass mobile and ancillary fixed
      communication as set forth in 47 C.F.R. Part 24.5, which as of the
      Effective Date utilizes frequency bands approaching 1.9 gigahertz in
      broadband.

     

    “PCS
      Service” means the circuit-switched/2G and 3G service provided to Purchaser by
      Sprint including the Sprint Data Transport Service, Sprint Data Service and
      Short Messaging Service as more particularly described in Schedule
      1.0
      (PCS
      Service and Pricing). PCS Service does not include Roaming. 

     

    “Prepaid”
      means a voice and data service that (i) is paid for prior to its availability
      for use; (ii) that once used (and not replenished) is discontinued; (iii) for
      which the charges to the End User’s account are per minute or other appropriate
      unitized measure of usage; and (iv) for which no invoice is delivered to the
      End
      User.

    

    “Private
      Label Operations Manual” means Sprint’s standard operations manual concerning
      the sale of PCS Service to private label Customers. The manual may be amended
      by
      Sprint, in its sole discretion, from time to time.

     

    “Private
      Label Service” means the PCS Service provided by Purchaser to its End Users
      under Purchaser’s label, brand and marks, utilizing the PCS Service provided to
      Purchaser by Sprint under this Agreement.

     

    “Roaming”
      means any wireless telecommunication service that does not use the Sprint
      Network.

     

    “Security”
      has the meaning assigned to the term in Section 7.6.

    “Security
      Standards” means commercially reasonable security features in all material
      hardware and software systems and platforms that Purchaser uses to access
      Sprint’s Confidential Information 

     

    “SMS”
      or
“Short Messaging Service” means to receive 2G circuit-switched short
      alphanumeric messages on an End User’s handset, as further described in Schedule
      1.0.

     

    “Sprint
      Data”
      means
      all information collected or developed by (i) Sprint or a Sprint Affiliate
      regarding Sprint Customers or (ii) by Purchaser regarding Sprint Customers
      (but
      only in their capacity as Sprint Customers), including, under each of the
      clauses (i) and (ii) of this definition, location-based information, all phone
      or other identification numbers issued to Sprint Customers, all electronic
      serial numbers, all Sprint Customers personalization information and all
      automatic number identification information and all information described in
      the
      Federal Communications Commission's definition of "Customer Proprietary Network
      Information" as set forth in 47 USC Section 222(h)(1) (as amended and
      interpreted from time to time).

     

    “Sprint
      Data Services” means those 3G services listed as Sprint Data Services in
      Schedule 1.0, as described in more detail in this Agreement, Schedule 1.0 and
      the Private Label Operations Manual. 

     

    “Sprint
      Data Transport Service” means the transmission of 3G data packets using CDMA
      technology, specifically 1xRTT packet switched systems. 

     

    “Sprint
      Handset” is a Sprint-branded or other wireless phone that was designed for use
      of the Sprint retail service.

    
      
        
          

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    “Sprint
      Market” or “Market” means the area or areas set forth in Schedule 2.0
      (Sprint Markets) in which PCS Service is made available to Purchaser directly
      by
      Sprint. From time to time during the term of the Agreement, Sprint may add
      new
      Markets to Schedule 2.0 by providing written notice to Purchaser of such new
      Markets.

     

    “Sprint
      Network” means the CDMA network owned and operated by Sprint and the Sprint
      Service Provider Affiliates. 

     

    “Sprint
      Service Provider Affiliate” means an entity that provides mobile wireless
      telecommunications products and services under the “Sprint” or “Sprint Spectrum”
      service marks or any other service marks subsequently used by Sprint pursuant
      to
      an arrangement with Sprint under which the Sprint Service Provider Affiliate
      constructs wireless network coverage and performs operational functions in
      defined geographic areas.

     

    “Target
      Market” means first and second generation immigrants to the United States from
      African Countries, Asian Countries, European Countries and Latin American
      Countries.

     

    “Taxes”
      means all taxes, including federal, state or local sales, use, excise, gross
      receipts or other taxes or tax-like fees imposed on or with respect to PCS
      Service, excepting only taxes on the net income of Sprint, unless expressly
      provided otherwise in this Agreement.

    

    
      	
              2.

            	
              Purchaser
                Relationship

            

    

    
      	 	
              2.1.

            	
              General

            

    

     

    Under
      this Agreement, Sprint will provide and sell PCS Service to Purchaser. Purchaser
      will purchase the PCS Service from Sprint and pay Sprint for the PCS Service
      as
      more specifically described in Schedule 1.0.
      Sprint
      authorizes Purchaser to market and sell the PCS Service as Private Label Service
      in the Markets only to End Users in the Target Market, and as more fully
      described in this Agreement. 

     

    
      	 	
              2.2.

            	
              Limited
                Purpose 

            

    

     

    The
      parties acknowledge and agree that Purchaser is a limited purpose reseller
      that
      will offer Private Label Service only as a Prepaid product offering to the
      Target Market. All marketing-related and distribution activities by Purchaser
      for Private Label Service will be directed to the Target Market only. While
      all
      of Purchaser’s marketing and distribution efforts related to the Private Label
      Service will be directed at the Target Market only, sales by Purchaser of
      Private Label Service to End Users not within the Target Market will not be
      a
      breach of this Agreement.

     

    
      	 	
              2.3.

            	
              Control
                of Facilities 

            

    

     

    No
      provision of this Agreement will be construed as vesting in Purchaser any
      control whatsoever in any facilities and operations of Sprint, including the
      Facilities, or the operations of any Sprint Service Provider Affiliate or
      contractual third party of Sprint. 

     

    
      	 	
              2.4.

            	
              No
                Sale to Other Resellers of
                Services

            

    

     

    Purchaser
      will not, directly or indirectly, (i) solicit, entertain or accept any offer
      of
      any reseller or (ii) enter into any agreement or other arrangement, to sell
      or
      otherwise offer a reseller Private Label Service, unless otherwise required
      by
      applicable law. PCS Service purchased by a reseller does not contribute to
      Purchaser’s Minimum Performance Standards under Schedule
      1.0 or
      any of
      Purchaser’s other service volume or financial requirements.

    
      
        
          

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              2.5.

            	
              No
                Bait and Switch 

            

    

     

    Purchaser
      may not offer, advertise or market Private Label Service in any Market with
      the
      intent to attract potential customers and planning to sell such potential
      customers another telecommunications service in place of the Private Label
      Service provided under this Agreement. If Purchaser discovers or is informed
      that any of its employees, agents or representatives are engaging in such
      activities, Purchaser will immediately take all steps necessary to eliminate
      such activity. Nothing in this Section 2.5 prohibits Purchaser from offering
      other telecommunications services in each Market. 

     

    
      	 	
              2.6.

            	
              Sales
                through Independent Representatives
                

            

    

     

    Purchaser
      may sell Private Label Service to the Target Market through its IRs, but
      Purchaser will be responsible for all aspects of the calculation and payment
      of
      any commissions or other payments of any kind to its IRs. Purchaser will be
      solely responsible for ensuring that its IRs comply with all the terms and
      conditions of this Agreement.

     

    
      	 	
              2.7.

            	
              Pricing
                Severability

            

    

     

    The
      provisions of this Section 2
      and the
      pricing provisions contained elsewhere in this Agreement are not severable,
      as
      the price was premised upon the Minimum Performance Standards negotiated by
      the
      parties.

     

    
      	
              3.

            	
              Sprint
                Term

            

    

    
      
        	 	 	 

      

      
        	 	
                3.1.

              	
                General

              

      

    

    
      
        
          

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    Subject
      to the breach and early termination provisions set forth in
      Section 14,
      the
      term of this Agreement and all Markets in Schedule 2.0 will be for a period
      of 5
      years commencing on the In Service Date (the “Term”). After the 5-year term
      expires, the Agreement will renew for successive 1-year terms until a party
      gives the other party 120 days advance notice of its intent not to renew the
      Agreement. 

     

    
      	 	
              3.2.

            	
              Phase-Out
                Period

            

    

     

    Upon
      expiration of the Agreement or upon early termination of this Agreement, the
      applicable phase-out period set forth in Section 14.3
      applies.
      During the phase-out period, all provisions of this Agreement continue to apply,
      current or future minimum performance, service or volume levels. Sprint may
      reduce its support requirements to levels commensurate with declining subscriber
      volume and reduced new End User additions, if any.

     

    
      	
              4.

            	
              Conditions
                Precedent

            

    

     

    As
      conditions precedent to Sprint’s obligation to provide and sell PCS Service to
      Purchaser under this Agreement:

     

    
      	 	
              (i)
                

            	
              Sprint’s
                executive management must have approved Sprint’s execution of and
                performance under this Agreement;

            

    

    
      	 	
              (ii)
                

            	
              Purchaser
                must have delivered to Sprint a duly executed copy of this Agreement;
                and

            

    

    
      	 	
              (iii)
                

            	
              Purchaser
                must have provided to Sprint the
                Security.

            

    

    
      
        
          

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              5.

            	
              Representations
                and Warranties

            

    

     

    Each
      party makes the following representations and warranties, as applicable, as
      of
      the Effective Date:

     

    
      	 	
              5.1.

            	
              Due
                Incorporation or Formation; Authorization of
                Agreements 

            

    

     

    The
      party
      is a partnership duly organized, validly existing and in good standing under
      the
      laws of the jurisdiction of its organization. The party has the full power
      and
      authority to execute and deliver this Agreement and to perform its obligations
      under this Agreement.

     

    
      	 	
              5.2.

            	
              No
                Conflict; No Default

            

    

     

    Neither
      the execution, delivery and performance of this Agreement nor the consummation
      by the party of the transactions contemplated in this Agreement will conflict
      with, violate or result in a breach of (a) any applicable law, regulation,
      order, writ, injunction, decree, determination or award of any Governmental
      Authority, (b) any of the terms, conditions or provisions of the
      certificate of organization, bylaws or other governing documents of the party,
      or (c) any material agreement or instrument to which the party is or
      may be
      bound or to which any of its material properties, assets or businesses is
      subject. Neither party has received any currently effective notice of default
      under any agreement that is required for it to perform under this
      Agreement.

     

    
      	 	
              5.3.

            	
              Litigation

            

    

     

    There
      are
      no actions, suits, proceedings or investigations pending or, to the knowledge
      of
      the party, threatened against or affecting the party or any of its properties,
      assets or businesses in, before or by any Governmental Authority which could,
      if
      adversely determined, reasonably be expected to have a material adverse effect
      on the party’s ability to perform its obligations under this
      Agreement.

     

    
      	
              6.

            	
              Scope
                of PCS Service

            

    

    
      	 	
              6.1.

            	
              PCS
                Service

            

    

     

    Sprint
      will provide to Purchaser the PCS Service more specifically described in
Schedule 1.0
      in the
      Markets set forth in Schedule
      2.0.

     

    
      	 	
              6.2.

            	
              Limitation
                on Scope of PCS
                Service

            

    

    
      	 	
              6.2.1.

            	
              General

            

    

     

    Purchaser
      acknowledges and agrees as follows:

     

    
      	 	
              (i)
                

            	
              PCS
                Service is available to compatible Sprint-certified handsets (see
                Section 8.1.1)
                only within the operating range of the Sprint
                Network;

            

    

    

    
      	 	
              (ii)
                

            	
              PCS
                Service may be temporarily refused, interrupted, curtailed or otherwise
                limited because of transmission limitations caused by any factor,
                including atmospheric, environmental or topographical conditions,
                Facilities limitations or constraints, or Facilities changes,
                modifications, updates, relocations, repairs, maintenance or other
                similar
                activities necessary for the proper or improved operation of the
                Facilities; and

            

    

    
      
        
          

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              (iii)
                

            	
              PCS
                Service will be of a quality or clarity comparable to PCS services
                provided by Sprint to similarly situated
                Customers.

            

    

    
      	 	
              6.2.2.

            	
              Availability
                of Facilities and Licenses

            

    

     

    Sprint’s
      obligation to provide PCS Service to Purchaser is conditioned on Sprint’s
      ability to obtain, retain and maintain, without unreasonable expenses, suitable
      Facilities and licenses, including the License for each Market.

     

    
      	 	
              6.2.3.

            	
              Highly
                Concentrated Usage

            

    

     

    If
      Purchaser or End Users create situations that cause highly concentrated usage
      in
      limited areas on the Sprint Network, Purchaser and End Users may encounter
      temporary capacity constraint related symptoms, such as excessive call blocking
      or call dropping. Sprint is not liable to Purchaser or End Users with respect
      to
      any claim or damage related to or arising out of or in connection with (i)
      any
      such temporary capacity constraint, (ii) any coverage gap or (iii) any temporary
      PCS Service refusal, interruption, curtailment or other limitation described
      in
      Section 6.2.1(ii)
      

    Purchaser
      may notify Sprint of anticipated highly concentrated usage by End Users in
      a
      particular area on the Sprint Network, including any anticipated temporary
      capacity constraint related symptoms. Upon receipt of Purchaser's notice, Sprint
      may decide to address the constraint, and if so, the action that Sprint deems
      appropriate under the circumstances, in its sole discretion. 

     

    
      	 	
              6.2.4.

            	
              Sprint
                Data Services 

            

    

     

    In
      accordance with the Agreement, Schedule 1.0 and the Private Label Operations
      Manual, Purchaser’s End Users may access the Sprint Data Services. With respect
      to Sprint Data Services, Purchaser acknowledges and agrees that: 

     

    
      	 	
              (i)

            	
              Purchaser
                will be charged the fees set forth in Schedule 1.0 for Sprint Data
                Services.

            

    

    
      	 	
              (ii)

            	
              For
                the Sprint-managed Sprint Data Services solution, Sprint
                will control the user interface, including the menu screen default
                settings and functionality that will be available to the End User
                on the
                End User’s handset. Purchaser will not directly or indirectly alter or
                modify the handset browser content or data settings available to
                the End
                User, nor will it enable its End Users to do so. Purchaser will not
                supply
                any handset data content or services to the End User except to the
                extent
                specifically authorized by Sprint in writing. If Purchaser directly
                or
                indirectly violates any portion of this subsection, Sprint will have
                the
                right, to be exercised in its sole discretion, to terminate Purchaser’s
                ability to resell all or any part of Sprint Data Service and terminate
                Purchaser’s End User’s ability to access all or any part of the wireless
                data services. 

            

    

     

    Sprint
      is
      not a publisher of third party content that can be accessed through Sprint
      Data
      Services. Sprint is not responsible to Purchaser or its End Users for any
      content, including information, 

    
      
        
          

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    opinions,
      advice, statements or services that are provided by third parties and accessible
      through Sprint Data Services or any damages resulting there from. Sprint does
      not guarantee the accuracy, completeness or usefulness of information that
      is
      obtained through the Sprint Data Services. Sprint makes no representations
      or
      warranties regarding the provider, scope or nature of the content or services
      that will be available by default to the End User. The inclusion of any content
      in the default settings on the End User’s handset is not an endorsement or an
      acceptance of any liability with respect to the content.

    

    
      	 	
              6.2.5.

            	
              Electronic
                Text Messaging 

            

    

     

    Purchaser
      will comply and will ensure that its billing agent, IRs and End Users comply
      with all applicable laws and/or regulations of a governmental agency regarding
      electronic text messaging. If Sprint reasonably determines that Purchaser,
      any
      of its End Users, IRs or billing agent is not complying with any applicable
      laws
      and/or regulations, Sprint will have the right to immediately discontinue the
      provision of Short Messaging Service to the non-complying party until such
      time
      as the noncompliance is remedied in Sprint’s reasonable opinion.

     

    
      	 	
              6.2.6.

            	
              Purchaser
                Short Messaging Service

            

    

     

    All
      Purchaser SMS must be sent through a dedicated connection to the Bulk Messaging
      Gateway (“BMG”) pre-approved in writing by Sprint. Purchaser SMS must be sent
      using short message peer-to-peer (SMPP) protocol. If Sprint reasonably
      determines that Purchaser is in breach of any of the terms of this Section
      6.2.6,
      in
      addition to any other remedies Sprint may in its sole discretion, and in
      addition to any other rights and remedies it may have under this Agreement,
      immediately discontinue the provision of Purchaser SMS.

     

    
      	 	
              6.2.7.

            	
              End
                User Short Messaging Service
                Security

            

    

     

    Currently,
      Sprint’s End User SMS system is run through a dedicated IP address on its BMG.
      Due to this transmission method, an End User’s MDN or other information may be
      transmitted over the Internet when using End User SMS. Purchaser is responsible
      for informing its End Users of the risks associated with such End User SMS
      use.
      Specifically, Purchaser’s web site home page or other End User collateral will
      display a link or reference to Purchaser’s disclaimers, including a statement on
      the transmission of personal data and an Internet privacy statement, in which
      Purchaser clearly warns its End Users about the data privacy risks of using
      the
      Internet. Further, Purchaser agrees to work with Sprint regarding future
      security improvements which may increase the security of such messaging,
      including but not limited to, use of frame relay connections or virtual private
      network lines.

     

    
      	 	
              6.2.8.

            	
              SMS
                Queuing

            

    

     

    If
      an
      individual handset is unable to receive a SMS message because the handset is:
      (a) turned off; (b) Roaming; or (c) traveling in a Market that does not have
      text messaging capabilities, SMS messages will remain in a queue for up to
      72
      hours. After 72 hours, any SMS message that has not been sent will be deleted.
      Currently, the maximum number of SMS messages that can be queued for a single
      handset is 30.

    
      
        
          

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              6.3.

            	
              Sprint
                Handset Handling
                Services

            

    

     

    Purchaser
      will be responsible for making its own arrangements to purchase compatible,
      Sprint-certified and approved handsets from authorized manufacturers or handset
      fulfillment vendors as specified in the Private Label Operations Manual. Sprint
      may, from time to time, offer to Purchaser the handset handling and logistics
      services set forth in the Private Label Operations Manual and Purchaser, if
      Purchaser uses those services, will pay for those services as set forth in
      Schedule
      1.0.
      Purchaser will be responsible for making its own arrangements to purchase
      accessories from manufacturers selected by Purchaser and arrange for delivery
      of
      those accessories directly to Purchaser. Sprint will not provide any handling
      or
      logistics services with respect to accessories. Sprint may, in its sole
      discretion, increase, decrease or discontinue the handset handling services
      that
      it provides to Purchaser, upon reasonable prior notice to Purchaser. Purchaser
      will procure and maintain throughout the term of this Agreement, adequate and
      appropriate insurance to insure the handsets while they are in transit to or
      from Sprint or in Sprint’s possession. Sprint will not be responsible for the
      handsets except as otherwise provided in this Agreement.

     

    
      	 	
              6.4.

            	
              Coverage
                Maps

            

    

     

    Sprint
      will make coverage maps available to Purchaser for its use as more particularly
      described in the Private Label Operations Manual. The maps will not be
      materially different from the maps produced by Sprint in connection with
      Sprint’s branded services. The map information may depict some future coverage
      that may or may not be identified as such. Any Sprint logo or identification
      must be removed from map information prior to publication or distribution by
      Purchaser. However, the maps will not imply that the network or the facilities
      are owned or operated by Purchaser. Purchaser must verify or validate the
      coverage shown on the maps and ensure that the coverage depicted on the maps
      represents the coverage that Purchaser desires to present to actual and
      potential End Users as Purchaser's coverage.

    PCS
      Service may not be available in all areas shown on the coverage maps due to
      a
      variety of factors, including relocation or modification of Facilities,
      environmental or topographical conditions, such as building configuration,
      or
      unexpected capacity demands. The maps will not reflect temporary coverage
      changes or coverage gaps.

    Sprint
      is
      not liable to Purchaser or End Users for any claim or damage related to or
      arising out of or in connection with any map information, including the accuracy
      thereof.

     

    
      	 	
              6.5.

            	
              MDN
                Pooling

            

    

     

    Purchaser
      will utilize the “MDN Pooling” process as described in the Private Label
      Operations Manual to assign MDNs under this Agreement. “MDN Pooling” means that
      all Sprint MDNs will be held in a single repository without systematic
      sequential numbering restrictions. Sprint may change its policy of MDN
      administration with 30 days’ prior written notice to Purchaser.

     

    
      	 	
              6.6.

            	
              Billing
                Records

            

    

     

    Sprint
      will regularly provide billing data or other billing records to Purchaser in
      accordance with the Private Label Operations Manual. These records will be
      free
      of material defects. Payment for (i) defective billing records or
      (ii) stale billing records, which are records that Sprint did not forward
      to Purchaser within the period described in the Private Label Operations Manual,
      may be disputed under the procedures set forth in Section 7.4.
      Sprint’s billing practices and policies are 

    
      
        
          

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    described
      in the Private Label Operations Manual. Sprint may bill certain charges in
      advance, which currently include all monthly recurring charges as listed in
      Schedule 1.0. Billed charges (per call or event) that result in fractional
      cents
      may be rounded up to the next whole cent. Charges for most PCS services are
      incurred in one minute increments with partial minutes of use rounded up to
      the
      next highest minute.

     

    
      	 	
              6.7.

            	
              Private
                Label Operations
                Manual

            

    

     

    Purchaser,
      on its behalf on and behalf of Purchaser Affiliates, acknowledges receipt of
      a
      copy of the Private Label Operations Manual, which Sprint may update at its
      discretion from time to time. When Sprint issues an updated Private Label
      Operations Manual and makes it generally available to its resellers, Sprint
      will
      provide such updated Private Label Operations Manual to Purchaser.

     

    
      	 	
              6.8.

            	
              Customized
                Services

            

    

     

    If
      Purchaser and Sprint mutually agree in writing that Sprint and Purchaser should
      investigate the feasibility of providing implementation, customization,
      interface development or other specialized services that are not included under
      this Agreement (“Customized Services”) the parties will formalize such agreement
      through the Work Order Policy & Process contained in the Private Label
      Operations Manual. The parties will work under the Work Order Policy &
      Process only if they initially agree to investigate the feasibility of providing
      Customized Services and nothing in this Section 6.8
      will be
      construed as an obligation to provide Customized Services. 

     

    
      	
              7.

            	
              Prices
                and Terms of Payment 

            

    

    
      	 	
              7.1.

            	
              Payment
                of Charges

            

    

     

    Purchaser
      is liable and will pay Sprint for all charges associated with the use of the
      PCS
      Service by Purchaser. Purchaser will pay to Sprint the charges listed in and
      computed as set forth in Schedule 1.0.
      Disputed charges are governed by the procedures set forth in Section
7.4.
      All
      charges under this Agreement are stated in US dollars.

     

    
      	 	
              7.2.

            	
              Invoices

            

    

     

    Sprint
      will provide to Purchaser regular monthly invoices of the charges incurred
      by
      Purchaser. Purchaser expressly acknowledges that some charges incurred in a
      billing cycle may not appear on the invoice or the billing data (or the other
      billing record) for that billing cycle and that those charges may appear on
      subsequent invoices or billing data or the other billing records; provided,
      however, Purchaser shall not be required to pay any charges not invoiced 90
      days
      from the date incurred. Purchaser will be liable to Sprint for those charges
      and
      will pay them in accordance with this Section 7.2.
      Payment
      for each invoice is due by wire transfer within 10 days of the date of
      Purchaser’s receipt of the invoice and the billing data or other billing record
      (“Due Date”). In its reasonable discretion, Sprint may, modify, change or update
      the invoice content and format or the billing cycle with 30 days’ prior notice
      to Purchaser provided however, there will be no material change in the invoice
      content.

    
      
        
          

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              7.3.

            	
              Late
                Payments

            

    

     

    For
      amounts not disputed in good faith and not paid by the Due Date, Purchaser
      will
      pay a late payment charge of 1.5% per month (or the maximum amount allowable
      under applicable law, whichever is less). 

    

    The
      applicable late payment interest rate will be applied from the first day the
      payment was due for the entire amount that is past due until paid in full.
      

     

    
      	 	
              7.4.

            	
              Disputed
                Charges

            

    

    
      	 	
              7.4.1.

            	
              General

            

    

     

    Purchaser
      may not dispute amounts aggregating less than [*** ]
      on any
      invoice(s) during a single billing cycle. Purchaser may withhold payment of
      the
      disputed portion of any invoice until the dispute is resolved under this
      Section 7.4.
      Purchaser must timely pay the undisputed amount of any invoice as provided
      in
      Section 7.2.
      Upon
      resolution of any dispute, payment of any disputed and withheld amount that
      is
      determined to be due and owing is due and payable within 10 days following
      resolution of the dispute as provided in Section 7.2.
      Nothing
      in this section prohibits Purchaser from informing Sprint of any suspected
      billing errors on any invoice.

     

    
      	 	
              7.4.2.

            	
              Standard
                Dispute Periods

            

    

     

    Purchaser
      will provide to Sprint written notice of any disputed charges on or before
      the
      Due Date along with a detailed explanation of the nature of the dispute.
      Purchaser’s explanation must detail disputed airtime, toll, Roaming, if
      applicable, taxes and other charges specifically, with an explanation for each.
      Sprint will provide Purchaser with its determination regarding disputed charges
      within 60 days after receipt of Purchaser’s dispute notice and explanation, and
      will credit Purchaser’s account, if appropriate, within the 60 day period. If
      Purchaser fails to dispute charges within 30 days after the original Due Date,
      Purchaser will waive its right to dispute the charges and it must pay the entire
      invoice amount. Purchaser may not withhold any amounts from current period
      payments for disputes from any subsequent payment under this
      Agreement.

     

    
      	 	
              7.4.3.

            	
              Bad
                Faith Dispute

            

    

     

    If
      Purchaser withholds payment improperly or without adequate explanation, or
      disputes charges without a reasonable good faith basis, then Purchaser will
      pay
      late charges as set forth in Section 7.3
      on all
      withheld amounts. Further, if Purchaser disputes charges in bad faith more
      than
      one time, Purchaser will be in material breach of this Agreement.

     

    
      	 	
              7.4.4.

            	
              Increase
                the Amount of Security for Certain Amounts in
                Dispute

            

    

    If
      the
      amount in dispute exceeds, in the aggregate, 10% of the average monthly billing,
      Sprint may, in its sole discretion, require Purchaser to increase the Security
      (see Section 7.6)
      by an
      amount equal to 75% of the amount in dispute. Sprint will notify Purchaser
      of
      any increased Security requirement in writing. Purchaser must post the
      additional Security, in the manner described in Section 7.6,
      within
      10 days of receipt of Sprint’s notice. Sprint will not request an increase in
      Security for disputed amounts that Sprint believes are likely to be credited
      to
      Purchaser’s account.

     

    **CERTAIN
      INFORMATION ON THIS PAGE HAS BEEN
      OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION.
      CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO SUCH OMITTED
      PORTIONS

    
      
        
          

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              7.5.

            	
              Taxes
                and Other Levies by Governmental Authorities 

            

    

    
      	 	
              7.5.1.

            	
              Taxes

            

    

     

    Purchaser
      will provide to Sprint valid and complete resale exemption certificates for
      PCS
      Service purchased from Sprint and resold to End Users. Purchaser is solely
      responsible for the computation, billing, and collection of all applicable
      Taxes
      to End Users on PCS Service purchased from Sprint and resold as Private Label
      Service to End Users. Purchaser is solely responsible for the timely and
      accurate remittance of those Taxes to the appropriate tax jurisdictions. If
      Sprint is required to remit Taxes for PCS Services resold to End Users directly
      to a tax jurisdiction, Sprint will invoice Purchaser for those Taxes and
      Purchaser will pay them to Sprint under Section 7.2.

     

    
      	 	
              7.5.2.

            	
              Other
                Levies by Governmental
                Authorities

            

    

     

    Purchaser
      is solely responsible for the timely and accurate remittance of other levies
      by
      Governmental Authorities or under Governmental Authorities’ orders (i) on PCS
      Service, (ii) mandated to be paid in proportion to receipts from Private Label
      Service, or (iii) mandated to be paid in connection with the provision of
      Private Label Service, including Universal Service Fund (“USF”) fees. If
      Purchaser claims an exemption, Purchaser will provide to Sprint a valid and
      complete exemption certificate. If Sprint is required to remit those levies
      directly to the Governmental Authority, Sprint will invoice Purchaser for them
      and Purchaser will pay them to Sprint under Section 7.2.

     

    
      	 	
              7.6.

            	
              Security
                and Security Interest in Purchaser’s
                Receivables

            

    

    
      	 	
              7.6.1.

            	
              Security

            

    

     

    To
      secure
      Purchaser’s obligations under this Agreement, Purchaser will provide (at
      Purchaser’s sole expense) an irrevocable letter of credit in the form attached
      hereto as Exhibit
      A
      and in
      the amount of [*** ]
      from
      a
      financial institution reasonably acceptable to Sprint with Sprint named as
      the
      beneficiary (“Security”).

    Purchaser
      will maintain the Security and arrange for any necessary renewals and
      replacements, for a reasonable term determined by Sprint. Unless Sprint notifies
      Purchaser otherwise in writing, the term will continue until 120 days after
      the
      expiration of all applicable phase-out periods under this Agreement. Sprint
      will
      be entitled to payment of amounts due Sprint by means of a draw against the
      Security if Purchaser does not pay by the Due Date or is otherwise in breach.
      If
      Sprint is required to draw on the Security, Purchaser will replenish the
      Security within 10 days of Sprint’s draw. Notwithstanding the foregoing, Sprint
      may, in its sole discretion, with

     

     

    **CERTAIN
      INFORMATION ON THIS PAGE HAS BEEN
      OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION.
      CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO SUCH OMITTED
      PORTIONS

    
      
        
          

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    30
      days
      advance written notice change the appropriate type and increase or decrease
      the
      amount of the Security. Sprint will not set any commercially unreasonable
      Security requirements, taking into consideration Purchaser’s reported
      creditworthiness, payment history with Sprint, monthly charges and any other
      indicia of Purchaser’s creditworthiness. Sprint’s obligation to continue to
      provide PCS Service under this Agreement, including permitting Purchaser to
      add
      new End User accounts, is conditioned upon Purchaser maintaining (i) the
      Security required by Sprint from time to time and (ii) good credit standing
      with
      Sprint. 

    Unless
      otherwise agreed by Sprint in writing, 120 days after expiration of all
      applicable phase-out periods,  Sprint will be entitled to payment of
      its
      final bill and any other outstanding bills or other amounts due Sprint by means
      of a draw against the Security if Purchaser does not pay each of those bills
      or
      any other amounts when due. 

     

    
      	
              8.

            	
              Purchaser
                Rights and Obligations

            

    

    
      	 	
              8.1.

            	
              Handsets

            

    

    
      	 	
              8.1.1.

            	
              Compatibility

            

    

     

    Purchaser
      will use, and will require its End Users to use, only handsets
      that:

     

    
      	 	
              (i)
                

            	
              are
                compatible with the PCS Service, the Sprint Network, and the Facilities;
                

            

    

    
      	 	
              (ii)
                

            	
              comply
                with Sprint’s requirements for compatibility of handsets with the PCS
                Service and the Facilities, including the successful completion of
                Sprint’s handset certification process and the use of the Handset
                Proprietary Information licensed to Sprint under Section 8.1.3,
                and 

            

    

    
      	 	
              (iii)
                

            	
              comply
                with all applicable FCC or state legal requirements for compatibility
                of
                handsets with the PCS Service and the Facilities.
                

            

    

     

    If
      any
      handset used by an End User does not comply with the standards set forth in
      this
      Section 8.1.1, Purchaser will ensure that the handset is not used and,
      if
      necessary, terminate the use, or terminate the Private Label Service to the
      offending End User.

     

    
      	 	
              8.1.2.

            	
              Conversion
                of Sprint Phones

            

    

    
      	 	
              (i)

            	
              If
                Purchaser acquires Sprint Handsets from Sprint handset distributors
                (e.g.,
                RadioShack; BestBuy), Sprint agents or retail stores and activates
                them on
                service under this Agreement, Sprint will charge Purchaser a fee
                of
                [*** ]
                per handset plus applicable taxes. 

            

    

     

     

    **
      CERTAIN INFORMATION ON THIS PAGE HAS BEEN
      OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION.
      CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO SUCH OMITTED
      PORTIONS

    
      
        
          

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              (ii)

            	
              If
                Purchaser targets Sprint retail customers and activates them on service
                under this Agreement using their Sprint Handset that has not been
                deactivated for at least 60 days, Sprint will charge Purchaser a
                fee of
                [***]per
                handset plus applicable taxes. 

            

    

    
      	 	
              (iii)

            	
              Purchaser
                will not be liable for a fee of [***]
                (plus applicable taxes) under this section if Sprint directs its
                retail
                subscribers to sign up for service directly from
                Purchaser.

            

    

    
      	 	
              8.1.3.

            	
              Sprint
                License
                to Use Certain Handset Proprietary Information in Handsets Using
                the
                Private Label Service

            

    

     

    For
      the
      term of and subject to this Agreement, Sprint grants to Purchaser a
      non-transferable, royalty-free, non-exclusive license to use and sell at retail
      the Handset Proprietary Information, in object code form, solely to permit
      Purchaser and End User’s to use the Private Label Service. Except as provided in
      this Section 8.1.3,
      Purchaser may not assign or sublicense any of its license rights or copy,
      change, alter or modify the Handset Proprietary Information.

     

    
      	 	
              8.1.4.

            	
              No
                Sprint Responsibility

            

    

     

    Sprint
      will not be responsible to Purchaser or any End User for the operation, testing
      or maintenance of any handsets. Sprint also will not be responsible for
      Purchaser’s handsets during transportation, handling, transfer, loading or
      unloading or any other time, except as otherwise provided in the Private Label
      Operations Manual. Sprint will not be required to make any changes,
      modifications or additions to its equipment, operations or Facilities to
      accommodate Purchaser or the handsets provided by Purchaser.

     

    
      	 	
              8.1.5.

            	
              Provision
                of ESN

            

    

     

    Before
      Purchaser makes handsets available for sale to End Users or retailers in
      connection with providing Private Label Service, Purchaser will provide to
      Sprint the ESN for each End User handset in accordance with the Private Label
      Operations Manual.

     

    
      	 	
              8.2.

            	
              Purchaser
                Staff

            

    

    
      	 	
              8.2.1.

            	
              General

            

    

     

    Purchaser
      will provide, at its sole expense, an adequate and properly trained staff
      (including, but not limited to, Purchaser’s IRs and other
      contractors):

    (i)
       to
      market
      Private Label Service and to support and train End Users with respect to the
      Private Label Service; and

    (ii)
       to
      receive, investigate, and verify all complaints from End Users relating to
      PCS
      Service or Private Label Service.

     

    Purchaser
      will report any trouble with respect to the Private Label Service to Sprint
      only
      upon reasonable verification that the trouble is due to reasons other than
      misuse or malfunctioning of End User handsets, the failure of those handsets
      to
      meet standards for compatibility with PCS Service or other elements or
      conditions within the reasonable control of Purchaser.

     

    **CERTAIN
      INFORMATION ON THIS PAGE HAS BEEN
      OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION.
      CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO SUCH OMITTED
      PORTIONS

    
      
        
          

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              8.2.2.

            	
              No
                Sprint Responsibility or Liability for Purchaser
                Staff

            

    

     

    The
      staff
      employed or contracted for by Purchaser to perform services for Purchaser are
      not employees or agents of Sprint and Purchaser assumes full responsibility
      and
      liability for their acts and omissions, including compliance by its staff
      (including its IRs and other contractors) with this Agreement, applicable
      federal, state and local laws, regulations, and judicial or regulatory orders,
      and relevant industry standards. All staff will be employed or contracted for
      at
      Purchaser’s sole expense and Purchaser will be solely responsible for all
      employment benefits and withholding issues, including, workers’ compensation,
      disability benefits, unemployment insurance or withholding income taxes and
      social security.

     

    
      	 	
              8.3.

            	
              Ethical
                Responsibility

            

    

     

    Purchaser
      will refrain from doing anything that could or could tend to discredit,
      dishonor, reflect adversely upon, or in any manner injure the reputation of
      Sprint or its Customers. Purchaser will be governed in all of its dealing with
      the public and with respect to this Agreement by the highest standards of
      honesty, integrity and fair dealing.

     

    
      	 	
              8.4.

            	
              Purchaser’s
                Responsibility and
                Liability

            

    

     

    Purchaser
      will be responsible and liable for all services provided to End Users, such
      as
      End User credit verification, billing, collection, customer service, and all
      support necessary to provide Private Label Service and all risks and expenses
      in
      connection with, related to or arising out of the provision of Private Label
      Service. Purchaser
      will not make any representation, warranty or covenant to any End User that
      would misrepresent or conflict with this Agreement. Purchaser
      may provide written terms and conditions of service to End Users. Upon Sprint’s
      reasonable request, Purchaser will provide to Sprint all materials that
      Purchaser makes available to any End User for Sprint’s review to determine
      compliance with this Agreement. Purchaser may delete non-public price
      information prior to submitting those materials for Sprint’s review. Sprint will
      notify Purchaser if any sections need to be modified or deleted in order to
      ensure compliance with this Agreement and Purchaser will comply with Sprint’s
      reasonable request. Purchaser will not use any information about its End User’s
      data usage for any improper or unlawful purpose and it will protect the
      information in accordance with its own privacy policies. All information
      provided to Sprint pursuant to this Section shall be considered Purchaser
      Confidential Information.

     

    
      	 	
              8.5.

            	
              Purchaser’s
                Responsibility for Fraud 

            

    

     

    Purchaser
      will not, and will not permit its agents, employees, IRs or representatives
      to,
      and will take commercially reasonable actions to ensure that its End Users
      do
      not, engage in fraudulent activities, including adopting policies and procedures
      designed to limit or prevent fraudulent activities and using commercially
      reasonable means to enforce such policies and procedures. Purchaser is
      responsible for all costs and procedures associated with End User fraud, such
      as
      subscription fraud, usage on lost or stolen handsets that Purchaser fails to
      deactivate, or fraud occurring in connection with Purchaser’s agents, employees
      or representatives, such as employee-related theft. The provisions governing
      “Cloning Fraud” are set forth in Section 9.3
      and the
      provisions governing fraud on a Roaming provider’s network are set forth in
      Section 9.2.3.

    
      
        
          

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              8.6.

            	
              Interference

            

    

     

    Purchaser’s
      agents, employees, IRs, representatives and End Users may not interfere with
      the
      Facilities, the Sprint Network or the PCS Service in a way as to impair the
      quality of service provided by Sprint to its Customers. Notwithstanding this
      prohibition, upon discovery of the interference by either Sprint or Purchaser,
      the party discovering the interference will promptly notify the other party
      and
      Purchaser will promptly order the agent, employee, IR, representative or End
      User to cease the act(s) constituting the interference. Sprint, concurrent
      with
      notice to Purchaser, may terminate the PCS Service to the End User and require
      Purchaser to take appropriate action to eliminate the use or interference by
      the
      agent, employee, IR, representative or End User.

     

    
      	 	
              8.7.

            	
              Purchaser’s
                Reports to Sprint

            

    

     

    Purchaser
      will provide to Sprint, quarterly, no later than 15 days following the end
      of
      the quarter, on a per Market basis a rolling 12 month forecast of increases
      and
      decreases of End Users, call volumes and any other information or report
      required under the Private Label Operations Manual.

     

    
      	 	
              8.8.

            	
              Subpoena
                Compliance

            

    

     

    If
      a law
      enforcement agency contacts Purchaser with a subpoena relating to End User
      MDN
      billing records or End User information, including but not limited to, End
      User
      name, address and credit information, Purchaser must honor the subpoena by
      providing the requested information to such law enforcement agency within the
      timeframe specified in the subpoena. If the subpoena requests information not
      provided by Sprint to Purchaser in its normal billing practice, Purchaser must
      promptly contact the Sprint representative designated in the Private Label
      Operations Manual for assistance in compliance so that the timeframe specified
      in the subpoena can be met. If Purchaser either: (a) fails to provide the End
      User phone records requested in the subpoena; (b) fails to provide the End
      User
      phone records requested in the subpoena within the timeframe specified in the
      subpoena; or (c) fails to promptly contact the designated Sprint representative
      for assistance when the subpoena requests information not provided by Sprint
      to
      Purchaser in its normal billing practice, and if Sprint is fined by a court
      of
      law as a direct result of Purchaser’s failure described in (a), (b) or (c)
      above, Purchaser will reimburse Sprint for the amount of such fine.

     

    
      	 	
              8.9.

            	
              Electronic
                Surveillance

            

    

     

    If
      a law
      enforcement agency issues a court order to Purchaser relating to electronic
      surveillance of an End User MDN, Purchaser shall confirm all End User
      information contained in the court order to such law enforcement agency and
      will
      promptly contact the Sprint representative designated in the Private Label
      Operations Manual for technical assistance in performing the electronic
      surveillance. If Purchaser either: (a) fails to confirm the End User information
      as requested in the court order; or (b) fails to promptly contact the Sprint
      representative designated below for technical assistance in performing the
      electronic surveillance, and if Sprint is fined by a court of law as a direct
      result of Purchaser’s failure described in (a) or (b) above, Purchaser will
      reimburse Sprint for the amount of such fine. 

    
      
        
          

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              9.

            	
              Sprint’s
                Rights and Obligations

            

    

    
      	 	
              9.1.

            	
              Modifications

            

    

     

    Sprint
      may, in its sole discretion, change or update the Facilities or Sprint’s
      operations, equipment, software, procedures or services. Sprint will not be
      liable to Purchaser or to End Users if those modifications, changes or updates
      require changes to, updates of or modifications of Purchaser’s or End Users’
      handsets or other products, accessories, systems or procedures, provided that
      such changes or updates do not have an adverse effect on End Users that is
      disproportionate in comparison to the effect on Customers. Sprint will give
      Purchaser commercially reasonable advance notice of any material modifications,
      changes or updates. Sprint may, in its sole discretion, offer service products
      that are not part of the PCS Service. Sprint will use the same efforts to avoid
      any material adverse impact on End Users that it uses to avoid material adverse
      impacts on its Customers. 

     

    
      	 	
              9.2.

            	
              Roaming
                Services

            

    

    
      	 	
              9.2.1.

            	
              General

            

    

     

    Sprint
      will make Roaming available to Purchaser in any portion of any area in which
      Sprint has a Roaming agreement on the terms and conditions contained in that
      agreement and the prices set forth in Schedule
      1.0.
      Purchaser hereby acknowledges and agrees that Sprint is not responsible for
      the
      billing practices, service charges or availability of Roaming provided by
      Roaming providers, and that Sprint is not obligated to provide Roaming in areas
      in which Sprint has not entered into Roaming agreements or loses its Roaming
      agreements. Manual Roaming may be available dependent on the arrangements
      established and the level of service provided by each Roaming
      provider.

     

    
      	 	
              9.2.2.

            	
              Blocking
                Roaming 

            

    

     

    Purchaser
      may request that Sprint block Roaming for all its End Users. If Purchaser
      requests this, Sprint will remove all Roaming switches from the list of switches
      permitted to complete calls for Purchaser’s End Users. Due to transmission
      limitations described in Section 6.2.1(ii) of the Agreement, if a Roaming switch
      does not receive a ‘deny access’ response from the Sprint Network and such
      Roaming switch is programmed so that no response from the Sprint Network means
      that it will allow the call to proceed on the Roaming switch, a Roaming switch
      may complete a Roaming call for an End User(s). In such case, Purchaser will
      be
      liable for Roaming charges at the rate set forth in Schedule 1.0.

     

    
      	 	
              9.2.3.

            	
              Disputes
                Concerning Roaming 

            

    

     

    If
      a
      material dispute concerning charges for Roaming minutes occurs, Sprint will
      process the dispute with the Roaming provider in accordance with Sprint’s
      Roaming agreement. A dispute is considered material if the amount in dispute
      exceeds [***]
      in
      the
      aggregate during any single billing cycle. If the Roaming provider provides
      an
      adjustment to Sprint for the disputed charges, Sprint will credit that
      adjustment to Purchaser. In no event will the credit exceed the Roaming charges
      that Sprint billed to Purchaser. Roaming fraud is Purchaser’s responsibility and
      Sprint does not accept any responsibility for End Users being billed for
      fraudulent calls placed on a Roaming provider’s network.

     

    **CERTAIN
      INFORMATION ON THIS PAGE HAS BEEN
      OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION.
      CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO SUCH OMITTED
      PORTIONS

    
      
        
          

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              9.3.

            	
              Sprint
                Network Fraud Detection
                and Responsibility

            

    

     

    Sprint
      will monitor, using its customary and ordinary procedures available from time
      to
      time with the fraud detection services provided to Customers to detect
      fraudulent calls on the Sprint Network made using Purchaser’s MDNs. The terms
“fraudulent calls made using Purchaser’s MDNs” means calls associated with the
      loading by an unrelated and independent third party of a MDN/ESN combination
      onto a wireless device to use the PCS Service, as more specifically defined
      in
      the Private Label Operations Manual (“Cloning Fraud”). Sprint makes no guarantee
      that any or all Cloning Fraud will be detected. Sprint will notify Purchaser
      (electronically, orally or in writing, as Sprint deems appropriate) of the
      detection by Sprint of “suspected” and “definitive” Cloning Fraud, as those
      terms are defined in the Private Label Operations Manual. Sprint will determine,
      in its sole discretion, whether an incident of Cloning Fraud is suspected or
      definitive, without any liability to Purchaser. Sprint and Purchaser will both
      designate a single point of contact to expedite the notices required under
      this
      Section 9.3,
      which
      contacts may be changed at any time with reasonable prior written notice to
      the
      other party. Sprint will track and process any credits requested by Purchaser
      and associated with suspected and definitive Cloning Fraud, only if the Cloning
      Fraud exceeds a minimum threshold of [***]
      in
      the
      aggregate during any single billing cycle. Sprint’s customary and ordinary
      procedures, as available from time to time, to detect fraudulent calls made
      using Purchaser’s MDNs on the Sprint Network will not be inferior to the fraud
      detection provided by Sprint to Customers. 

     

    
      	 	
              9.3.1.

            	
              Suspected
                Cloning Fraud on the Sprint Network

            

    

     

    In
      case
      of suspected Cloning Fraud, Sprint will not terminate PCS Service to that MDN,
      unless Purchaser directs Sprint to terminate PCS Service. If Purchaser directs
      Sprint to terminate service to the affected MDN, Sprint will absorb the costs
      associated with that Cloning Fraud on the Sprint Network for up to [***]
      from
      the
      time Sprint provided notice of detection to Purchaser, and Purchaser will be
      responsible for all charges after expiration of the [***]
      period.
      If Purchaser does not request termination of service to the affected MDN,
      Purchaser will be responsible for all charges.

     

    
      **CERTAIN
        INFORMATION ON THIS PAGE HAS BEEN
        OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION.
        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO SUCH OMITTED
        PORTIONS

    

    
      
        
          

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              9.3.2.

            	
              Definitive
                Cloning Fraud on the Sprint
                Network

            

    

     

    In
      case
      of definitive Cloning Fraud, Sprint will terminate service to the affected
      MDN
      concurrently with notice of detection to Purchaser. Failure of authentication
      may be considered definitive Cloning Fraud. Sprint will absorb the costs
      associated with that Cloning Fraud on the Sprint Network. If Purchaser
      reactivates the End User or overrides Sprint’s deactivation of PCS Service, then
      Purchaser is responsible for all Cloning Fraud and any other fraud or similar
      activity on the End User account, but only if Sprint has informed Purchaser
      in
      writing that the End User was deactivated because of Cloning Fraud.

     

    
      	 	
              9.4.

            	
              Sprint’s
                Reports to Purchaser

            

    

     

    Sprint
      will provide to Purchaser the reports specified in the Private Label Operations
      Manual.

     

    
      	
              10.

            	
              Limitations
                of Warranties and
                Liabilities

            

    

    
      	 	
              10.1.

            	
              No
                Warranties

            

    

     

    Sprint
      makes no warranties, express or implied, regarding the PCS Service or, if
      applicable, any equipment, product or other good provided by Sprint.
      Specifically, all implied warranties are disclaimed, including any warranties
      of
      merchantability, fitness for a particular purpose, use, or non-infringement.
      No
      one is authorized to make any warranty on Sprint’s behalf, and Purchaser can not
      rely on any statement of warranty. Purchaser acknowledges that Sprint is not
      the
      manufacturer of any equipment.

     

    
      	 	
              10.2.

            	
              Limitations
                on Liability

            

    

    
      	 	
              10.2.1.

            	
              Sole
                and Exclusive Remedies

            

    

     

    The
      sole and exclusive remedies of the parties are those expressly set forth in
      this
      Agreement.

     

    
      	 	
              10.2.2.

            	
              No
                Liability for Certain Damages

            

    

     

    Except
      as otherwise provided in this Agreement, including sections
11,
      13,
      15,
      and 16,
      neither party is liable to the other for special, indirect, incidental,
      exemplary, punitive or consequential damages, including loss of profits, related
      to or arising out of a party’s performance under this
      Agreement.

     

    
      	
              11.

            	
              Trade
                Name, Trade Marks and Service
                Marks

            

    

    
      	 	
              11.1.

            	
              Sprint’s
                Rights

            

    

     

    Purchaser
      recognizes the right, title and interest of Sprint and Sprint Affiliates in
      and
      to all service marks, trademarks, and trade names used in connection with the
      service and products sold by Sprint and Sprint Affiliates, including “Sprint”
      and the diamond logo or any other Sprint trademark (“Sprint Marks”). Purchaser
      will not engage in any activities or commit any acts, directly or indirectly,
      that contest, dispute, or otherwise impair, or that may contest, dispute or
      otherwise impair the right, title or interest of Sprint and Sprint Affiliates
      therein. Purchaser acknowledges and agrees that nothing in this Agreement grants
      to Purchaser the right to use and Purchaser agrees that it will not use any
      Sprint Mark or any service mark, trademark, or trade name that is confusingly
      similar to or a colorable imitation of any of the Sprint Marks, including in
      any
      of Purchaser’s advertisements, and will not incorporate the Sprint Marks into
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    mark,
      trademark or trade name used or developed by Purchaser. Purchaser does not
      acquire or claim any right, title or interest in or to the Sprint Marks through
      purchase of PCS Service or Products, the provision of Private Label Service
      or
      otherwise. Notwithstanding the foregoing, to clarify its relationship with
      Sprint, Purchaser may use the Sprint Marks (i) as provided in the relevant
      section in the Private Label Operations Manual or (ii) with Sprint’s prior
      written approval. Upon Sprint’s request, Purchaser will provide to Sprint any
      materials using the Sprint Marks for Sprint’s review to determine compliance
      with this Agreement. Purchaser may delete non-public price information prior
      to
      submitting those materials for Sprint’s review. Sprint will use commercially
      reasonable efforts to notify Purchaser within 10 business days of receipt of
      any
      requested materials, if any sections need to be modified or deleted in order
      to
      ensure compliance with this Agreement. Purchaser must comply with any
      adjustments or requests from Sprint on any requested materials and may not
      use a
      Sprint Mark without Sprint’s express written consent. 

     

    
      	 	
              11.2.

            	
              Purchaser’s
                Rights

            

    

     

    Sprint
      recognizes the right, title and interest of Purchaser and Purchaser’s Affiliates
      in and to all service marks, trademarks, and trade names used in connection
      with
      the service and products sold by Purchaser and Purchaser’s Affiliates
      (“Purchaser Marks”). Sprint will not engage in any activities or commit any
      acts, directly or indirectly, that contest, dispute, or otherwise impair, or
      that may contest, dispute or otherwise impair the right, title or interest
      of
      Purchaser and Purchaser’s Affiliates therein. Sprint acknowledges and agrees
      that nothing in this Agreement grants to Sprint the right to use and Sprint
      agrees that it will not use any Purchaser Mark or any service mark, trademark,
      or trade name that is confusingly similar to or a colorable imitation of any
      of
      the Purchaser Marks and will not incorporate the Purchaser Marks into service
      mark, trademark or trade name used or developed by Sprint. Sprint does not
      acquire or claim any right, title or interest in or to the Purchaser Marks
      through sale of PCS Service or products or otherwise.

     

    
      	 	
              11.3.

            	
              Remedies
                for Violations

            

    

     

    The
      limitations in Section 10.2
      do not
      apply to either party’s violations of Section 11.
      If
      either party violates or threatens to violate Section 11,
      the
      other party may exercise any right or remedy under this Agreement and any other
      right or remedy that it may have (now or hereafter existing) at law, in equity
      or under statute. The parties agree that damages for violations of
      Section 11
      may be
      difficult to ascertain or inadequate and that if either party violates or
      threatens to violate Section 11,
      the
      other party may suffer irreparable harm and therefore may seek injunctive relief
      in addition to any other right or remedy under this Agreement and any other
      right or remedy that it may have (now or hereafter existing) at law, in equity
      or under statute. The party that violates or threatens to violate
      Section 11
      will not
      raise the defense of an adequate remedy at law.

     

    
      	
              12.

            	
              Insurance

            

    

     

    Purchaser
      must, during the term of this Agreement and at its sole expense, obtain and
      keep
      in force, the following insurance: (a) Commercial General Liability Coverage,
      including personal injury, bodily injury, property damage, operations hazard,
      independent contractor coverage, contractual liability, and products and
      completed operations liability, in limits not less than $3,000,000 for each
      occurrence (combined single limit), with Purchaser named as insured in the
      policy and Sprint named as additional insured in the policy; and (b) Worker’s
      Compensation and

    
      
        
          

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    Employer’s
      Liability insurance. All required insurance policies must be taken out with
      reputable national insurers that are licensed to do business in the
      jurisdictions where Purchaser is doing business. Purchaser agrees that
      certificates of insurance will be delivered to Sprint within 15 days of the
      Effective Date. All policies must contain an undertaking by the insurers to
      notify Sprint in writing not less than 30 days before any material change,
      reduction in coverage, cancellation, or termination of the insurance. The
      provision of insurance required in this Agreement will not be construed to
      limit
      or otherwise affect the liability of Purchaser to Sprint.

     

    
      	
              13.

            	
              Indemnification

            

    

    
      	 	
              13.1.

            	
              Purchaser’s
                General Third Party
                Indemnity

            

    

     

    Purchaser
      will indemnify and defend Sprint, the Sprint Affiliates, and their respective
      directors, officers, agents, employees and Customers (each, a “Sprint
      Indemnitee”) from and against all claims, damages, losses, liabilities, costs,
      expenses and reasonable attorney’s fees (collectively "Damages") arising out of
      a claim by a third party against a Sprint Indemnitee resulting from or alleged
      to have resulted from any act or omission of Purchaser under or related to
      this
      Agreement. 

     

    
      	 	
              13.2.

            	
              Sprint’s
                General Third Party
                Indemnity

            

    

    Sprint
      will indemnify and defend Purchaser, its Affiliates, and their respective
      directors, officers, agents and employees (each, a “Purchaser Indemnitee”) from
      and against all Damages arising out of a claim by a third party against a
      Purchaser Indemnitee to the extent resulting from or alleged to have resulted
      from any act or omission of Sprint under or related to this
      Agreement.

     

    
      	 	
              13.3.

            	
              Indemnification
                Procedures

            

    

    
      	 	
              (i)

            	
              Promptly,
                upon becoming aware of any matter which is subject to the provisions
                of
                Section 13.1
                and 13.2
                (a
                "Claim"), the party seeking indemnification (the "Indemnified Party")
                must
                give notice of the Claim to the other party (the "Indemnifying Party"),
                accompanied by a copy of any written documentation regarding the
                Claim
                received by the Indemnified Party.

            

    

    
      	 	
              (ii)

            	
              The
                Indemnifying Party will, at its option, settle or defend, at its
                own
                expense and with its own counsel, the Claim. The Indemnified Party
                will
                have the right, at its option, to participate in the settlement or
                defense
                of the Claim, with its own counsel and at its own expense; but the
                Indemnifying Party will have the right to control the settlement
                or
                defense. The Indemnifying Party will not enter into any settlement
                that
                imposes any liability or obligation on the Indemnified Party without
                the
                Indemnified Party's prior written consent. The parties will cooperate
                in
                the settlement or defense and give each other full access to all
                relevant
                information. 

            

    

    
      	                (iii)      
              	
              If
                the Indemnifying Party (i) fails to notify the Indemnified Party
                of the
                Indemnifying Party's intent to take any action within 30 days after
                receipt of a notice of a Claim or (ii) fails to proceed in good faith
                with
                the prompt resolution of the Claim, the Indemnified Party, with prior
                written notice to the Indemnifying Party and without waiving any
                rights to
                indemnification, including reimbursement of reasonable attorney’s fees and
                legal costs, may defend or settle the Claim
                without

            

    

    
      
        
          

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    the
      prior
      written consent of the Indemnifying Party. The Indemnifying Party will reimburse
      the Indemnified Party on demand for all Damages incurred by the Indemnified
      Party in defending or settling the Claim. 

     

    
      	 	
              (iv)

            	
              Neither
                party is obligated to indemnify and defend the other with respect
                to a
                Claim (or portions of a Claim):

            

    

    
      	 	
              (a)

            	
              if
                the Indemnified Party fails to promptly notify the Indemnifying Party
                of
                the Claim and fails to provide reasonable cooperation and information
                to
                defend or settle the Claim; and

            

    

    
      	 	
              (b)

            	
              if
                and only to the extent that, that failure materially prejudices the
                Indemnifying Party’s ability to satisfactorily defend or settle the
                Claim.

            

    

    
      
        	 	 

      

      
        	
                14.

              	
                Breach,
                  Remedies and Early Termination of the
                  Agreement

              

      

    

    
      	 	
              14.1.

            	
              Breach

            

    

     

    In
      addition to other events of breach set forth in this Agreement, each of the
      following constitutes an event of breach under this Agreement:

     

    
      	 	
              (i)
                

            	
              Sprint
                or Purchaser fails to make a payment of money or, in the case of
                Purchaser, to replenish, amend, replace or renew the Security, which
                failure continues for more than 5 days after notice from the other
                party;

            

    

    
      	 	
              (ii)
                

            	
              Sprint
                or Purchaser fails to comply with any material representation, warranty,
                obligation or covenant set forth in this Agreement, which failure
                continues for a period of more than 30 consecutive days after receipt
                of
                notice from the nonbreaching party specifying the
                breach;

            

    

    
      	 	
              (iii)
                

            	
              Purchaser’s
                actual number of Net End Users at the end of the sixth full billing
                month
                following the In-Service Date is less than [***];

            

    

    
      	 	
              (iv)
                

            	
              Purchaser’s
                actual number of Net End Users at the end of Contract Year 1 is less
                than
                [***];

            

    

    
      	 	
              (v)
                

            	
              Purchaser’s
                actual number of Net End Users at the end of Contract Year 2 is less
                than
                [***];

            

    

    
      	 	
              (vi)
                

            	
              Sprint
                or Purchaser fails to comply with Section 11,
                if that failure is not cured immediately upon receipt of notice from
                the
                party owning or enforcing that mark or in case of the repeated violations
                after receipt of the notice on one occasion; 

            

    

    
      	 	
              (vii)
                

            	
              Sprint
                or Purchaser ceases to do business as a going
                concern;

            

    

     

     

    **CERTAIN INFORMATION ON THIS PAGE HAS BEEN OMITTED
      AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION. CONFIDENTIAL
      TREATMENT HAS BEEN REQUESTED WITH RESPECT TO SUCH OMITTED
      PORTIONS

    
 

    
      
        
          

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              (viii)
                

            	
              Sprint
                or Purchaser is unable or admits its inability to pay its debts as
                they
                become due;

            

    

    
      	 	
              (ix)
                

            	
              Purchaser
                transfers more than ten percent (10%) of its End Users in a transaction
                or
                series of transactions to another service provider or carrier during
                any
                one 12-month period of this Agreement;
                or

            

    

    
      	 	
              (x)
                

            	
              Purchaser
                fails to comply with the Target Market restrictions set forth
                in
                Section 2.2.

            

    

     

    Upon
      the
      occurrence of any of the events of breach specified above, the nonbreaching
      party may, upon notice to the breaching party, terminate this Agreement in
      its
      entirety or with respect to a specific Market, depending on the nature of the
      breach, trigger the applicable phase-out period, and pursue any other right
      or
      remedy under this Agreement. Except as otherwise provided, the termination
      will
      be effective on the day following the end of the applicable phase-out period.
      Sprint’s sole remedy for Purchaser’s breach of Sections 14.1(iii), (iv) and (v)
      will be the right to terminate this Agreement. 

     

    If
      Sprint
      elects to terminate this Agreement as the result of any breach by Purchaser
      under Section 14.1(ix)
      Sprint will charge Purchaser and Purchaser will pay to Sprint (in addition
      to
      all other applicable charges under this Agreement), as liquidated damages,
      an
      amount set forth in the table below. 

     

    
      	
              Contract
                Year Termination Occurs

            	
              Liquidated
                Damages Payable to Sprint

            
	
              1

            	
              [***]

            
	
              2

            	
              [***]

            
	
              3

            	
              [***]

            
	
              4

            	
              [***]

            
	
              5

            	
              [***]

            

    

    

    **CERTAIN INFORMATION ON THIS PAGE HAS BEEN OMITTED
      AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION. CONFIDENTIAL
      TREATMENT HAS BEEN REQUESTED WITH RESPECT TO SUCH OMITTED
      PORTIONS

    
 

    
      
        
          

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    The
      pricing for each Market in effect immediately before the date of the termination
      notice will remain in effect during the phase-out period. Sprint will invoice
      Purchaser for the amounts due under this Section and Purchaser will pay those
      amounts within 20 days after the date of Sprint’s invoice. If
      not
      paid by that date, Sprint may, without any additional notice to Purchaser,
      deduct those amounts from the Security and require Purchaser to increase the
      amount of the Security for the remainder of the applicable phase-out period.
      Without
      limiting the generality of the foregoing and irrespective of whether Sprint
      exercises its termination rights under this Agreement, if Purchaser breaches
      under clause (i) of Section 14.1,
      Sprint
      may, without any additional notice to Purchaser, deduct any amounts due Sprint
      from the Security and require Purchaser to increase the amount of the
      Security.

     

    
      	 	
              14.2.

            	
              Early
                Termination by Sprint
                Due to Loss of
                Licenses

            

    

     

    If
      Sprint
      ceases to be licensed by a Governmental Authority to provide PCS Service in
      all
      or a substantial part of the Markets, Sprint may terminate this Agreement in
      its
      entirety without any liability by giving Purchaser at least 30 days prior
      written notice. Sprint may delete a Market from Schedule
      2.0
      at any
      time without any liability by giving Purchaser at least 30 days prior
      written notice, if Sprint ceases to be licensed by a Governmental Authority
      to
      provide PCS Service in that Market. If within a one-year period Sprint deletes
      one or more Markets, which in the aggregate represents more than 15% of
      Purchaser’s total End Users as of the day the first Market was eliminated,
      Sprint will adjust the minimum number of End Users in Sections 14.1(iii), (iv),
      and (v) by a proportional amount. 

     

    
      	 	
              14.3.

            	
              Length
                of and Duties During the Phase-out
                Period

            

    

     

    Upon
      giving of notice of termination of this Agreement in its entirety or with
      respect to a specific Market or Markets, Sprint, at Purchaser’s (or its
      successor in interest) request, will continue to provide PCS Service to
      Purchaser (or its successor in interest) in the terminated Market(s) for a
      phase-out period as described below. Under phase-out services governed by
14.3(i)
      only,
      Purchaser (or its successor in interest) may continue to add new End Users
      or
      MDNs during the initial 30 days of the phase-out period. The rights and
      obligations with respect to the treatment of the Security are set forth in
      Section 7.6.
      At the
      end of the phase-out period, Sprint may terminate PCS Service to Purchaser
      (or
      its successor in interest) and the End Users on the Sprint Network without
      incurring any liability. The pricing for each Market in effect immediately
      before the date of the termination notice will remain in effect during the
      phase-out period.

     

    
      	 	
              (i)
                

            	
              The
                phase-out period for termination under Sections 14.2
                is
                365 days after the date of the notice of termination and applies
                to those
                End Users on the Sprint Network as of the 30th day after the date
                of the
                notice of termination. 

            

    

    
      	 	
              (ii)
                

            	
              The
                phase-out period for termination under Section 14.1 (ii)
                and
                (vi)
                through
                (ix)
                is
                30 days after the date of the notice of termination and applies to
                those
                End Users on the Sprint Network as of the date of the notice of
                termination. 

            

    

    
      	 	
              (iii)
                

            	
              The
                phase-out period for termination under Section 14.1 (i)
                is
                10 days after the date of the notice of termination and applies to
                those
                End Users on the Sprint Network as of the date of the notice of
                termination. 

            

    

    
      
        
          

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              (iv)
                

            	
              The
                phase-out period for termination under Sections 14.1
                (iii) through (v) and 14.1 (x) is 60 days after the date of the notice
                of
                termination and applies to those End Users on the Sprint Network
                as of the
                date of the notice of termination.

            

    

    
      	 	
              (v)
                

            	
              Upon
                expiration of the term set forth in Section 3.1 of the Agreement,
                the
                phase-out period will be 180 days after the expiration date and applies
                to
                those End Users on the Sprint Network as of the expiration
                date.

            

    

    
      
        	 	 	 

      

      
        	 	
                14.4.

              	
                Effect
                  of Termination

              

      

    

     

    Termination
      of this Agreement is without prejudice to any other right or remedy of the
      parties under this Agreement. Termination of this Agreement for any cause does
      not release either party from any liability which, at the time of termination,
      has already accrued to the other party, or which may accrue in respect of any
      act or omission prior to termination or from any obligation which is expressly
      stated to survive the termination. Purchaser will remain responsible for its
      obligations to its agents and End Users.

     

    
      	
              15.

            	
              Restrictions
                [***]

            

    

    
      	 	
              15.1.

            	
              [***]

            

    

    

    During
      the term of this Agreement, including any applicable phase-out
      period, Purchaser may not, [***]. 

     

    
      	 	
              15.2.

            	
              [* **]Upon
                the Occurrence of Certain
                Events

            

    

    

    During
      the term of this Agreement, including any applicable transition period, upon
      the
      occurrence of any [* **]
      (as
      defined below), Purchaser will provide notice to Sprint no less than 60 days
      [* **]. 

    

    [* **]means:
      

     

     

    
      	 	(i)	
              [***]

            

      	 	 	 

      	 	(ii) 	[***] 

      	 	 	 

      	 	(iii) 	[***] 

    **CERTAIN
      INFORMATION ON THIS PAGE HAS BEEN OMITTED AND FILED SEPARATELY WITH THE
      SECURITIES AND EXCHANGE COMMISSION. CONFIDENTIAL TREATMENT HAS BEEN REQUESTED
      WITH RESPECT TO SUCH OMITTED PORTIONS

    
      
        
          

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              15.3.

            	
              Rights
                to End User Accounts in Connection with Liquidation or
                Dissolution

            

    

     

    If
      Purchaser, directly or indirectly, approves any plan or proposal for liquidation
      or dissolution of Purchaser or winds up, liquidates, or dissolves and in
      connection with that action Purchaser ceases to provide Private Label Service
      to
      End Users, Purchaser will (i) permit Sprint to market to all of Purchaser’s
      End User accounts (whether or not those accounts are active) and
      (ii) remove any impediments to Sprint’s solicitation efforts and
      (iii) provide to Sprint all necessary End User information, as permitted
      by
      applicable law.

     

    
      	 	
              15.4.

            	
              Non-Solicitation/Non-Disclosure
                Obligations

            

    

     

    Purchaser
      agrees not to market to the End User accounts purchased by Sprint for a period
      of 3 years from the date of closing of any sale or other transfer under Section
      15.
      Purchaser further agrees that all information regarding the End User accounts
      is
      Confidential Information.

     

    
      	 	
              15.5.

            	
              Remedies

            

    

     

    The
      limitations in Section 10.2
      do not
      apply to Purchaser’s violations of Section 15.
      If
      Purchaser violates or threatens to violate Section 15,
      Sprint
      may exercise any right or remedy under this Agreement and any other right or
      remedy that it may have (now or hereafter existing) at law, in equity or under
      statute. The parties agree that damages for violations of
      Section 15
      may be
      difficult to ascertain or inadequate and that if Purchaser violates or threatens
      to violate Section 15,
      Sprint
      may suffer irreparable harm and therefore may seek injunctive relief in addition
      to any other right or remedy under this Agreement and any other right or remedy
      that it may have (now or hereafter existing) at law, in equity or under statute.
      Purchaser will not raise the defense of an adequate remedy at law.

     

     

    
      **CERTAIN
        INFORMATION ON THIS PAGE HAS BEEN OMITTED AND FILED SEPARATELY WITH THE
        SECURITIES AND EXCHANGE COMMISSION. CONFIDENTIAL TREATMENT HAS BEEN REQUESTED
        WITH RESPECT TO SUCH OMITTED PORTIONS

     

    
      
        
          

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              16.

            	
              Confidentiality

            

    

    
      	 	
              16.1.

            	
              Restriction

            

    

     

    Neither
      party will disclose any Confidential Information received from the other party,
      except as expressly provided in this Agreement. Each party will use the
      Confidential Information received from the other party only for the purpose
      of
      this Agreement. 

     

    
      	 	
              16.2.

            	
              Care

            

    

     

    The
      receiving party must provide the same care to avoid disclosure or unauthorized
      use of the Confidential Information as it provides to protect its own similar
      proprietary information. 

    
       

    

    All
      Confidential Information must be retained by the receiving party in a secure
      place with access limited to only those of the receiving party’s employees,
      lenders or purchasers who need to know that information for purposes of this
      Agreement and to third parties as the disclosing party has consented to by
      prior
      written approval. Confidential Information supplied is not to be reproduced
      in
      any form except as required to accomplish the intent of this Agreement. Sprint
      Spectrum L.P. may disclose Confidential Information, subject to the terms of
      this Agreement, to any entity (i) for which it is building a wireless network,
      or (ii) for which it has an obligation to associate the wireless network of
      the
      entity to the Sprint Spectrum L.P. network.

     

    
      	 	
              16.3.

            	
              Return

            

    

     

    All
      Confidential Information, unless otherwise specified in writing, must be
      returned to the disclosing party or destroyed after the receiving party’s need
      for it has expired or upon request of the disclosing party, and, in any event,
      within 10 days of termination of this Agreement. At the request of the
      disclosing party, the receiving party will furnish a certificate of an officer
      of the receiving party certifying that Confidential Information not returned
      to
      disclosing party has been destroyed.

     

    
      	 	
              16.4.

            	
              Limitation

            

    

     

    The
      parties agree that the term “Confidential Information” does not include
      information which:

     

    
      	 	
              (i)
                

            	
              has
                been published or is otherwise in the public domain through no fault
                of
                the receiving party;

            

    

    
      	 	
              (ii)
                

            	
              prior
                to disclosure under this Agreement is properly within the legitimate
                possession of the receiving party;

            

    

    
      	 	
              (iii)
                

            	
              subsequent
                to disclosure under this Agreement is lawfully received from a third
                party
                having rights in the information without restriction of the third
                party’s
                right to disseminate the information and without notice of any restriction
                against its further disclosure;

            

    

    
      	 	
              (iv)
                

            	
              is
                independently developed by the receiving party through parties who
                have
                not had, either directly or indirectly, access to or knowledge of
                Confidential Information;

            

    

    
      	 	
              (v)
                

            	
              is
                obligated to be produced under order of a court of competent jurisdiction
                or other similar requirement of a Governmental Authority, so long
                as the
                party required to disclose the information provides the other party
                with
                prior notice of the order or requirement.

            

    

    
      
        	 	 	 

      

      
        	 	
                16.5.

              	
                Relief

              

      

      
        	 	 	 

      

    

    The
      limitations of liability in this Agreement do not apply to either party’s
      violations of this Section. If either party violates or threatens to violate
      this Section, the other party may exercise any right or remedy under this
      Agreement and any other right or remedy that it may have (now or hereafter
      existing) at law, in equity or under statute. The parties agree that damages
      for
      violations of this Section may be difficult to ascertain or inadequate and
      that
      if either party violates or threatens to violate this Section, the other party
      may suffer irreparable harm and therefore may seek injunctive relief in addition
      to any other right or remedy under this Agreement and any other right or remedy
      that it may have (now or hereafter existing) at law, in equity or under statute.
      

    
      
        
          

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              16.6.

            	
              Information
                Security

            

    

     

    (i)
       To
      protect Sprint’s Confidential Information from unauthorized use, including
      disclosure, loss or alteration, Purchaser will meet the Security Standards
      and
      (ii) inventory and test Security Standards before accepting Sprint’s
      Confidential Information.

    (ii)
       Upon
      Sprint’s reasonable request, Purchaser will provide information to Sprint to
      enable Sprint to determine compliance with this Section 16.6.
      

    (iii)
       Purchaser
      will promptly inform Sprint of any known or suspected compromises of Sprint’s
      Confidential Information as a result of Purchaser’s failure to comply with the
      Security Standards. 

    (iv)
       On
      a
      periodic basis, but in no event more than twice in any 12-month period, Sprint
      may, upon 10 days notice, perform a vulnerability assessment to determine
      Purchaser’s compliance with the Security Standards. If Sprint has a reasonable
      basis to believe that Purchaser has breached or is likely to breach the Security
      Standards, Sprint may, upon 5 days notice, perform a vulnerability assessment,
      which assessment will be in addition to any assessment in the ordinary course.
      

    (v)
       At
      Sprint’s reasonable request, Purchaser will promptly cooperate with Sprint to
      develop a plan to protect Sprint’s Confidential Information from failures or
      attacks on the Security Standards, which plan will include prioritization of
      recovery efforts, identification of and implementation plans for alternative
      data centers or other storage sites and backup capabilities. 

     

    If
      Purchaser fails to meet the obligations in this Section 16.6,
      Sprint
      will notify Purchaser of this failure as provided in this Agreement. Purchaser
      will have 30 days from receiving that notice to correct the cause for such
      failure. If Purchaser has failed to remedy the failure within this 30-day
      period, Sprint has the right to terminate this Agreement as provided in Section
      14.1
      (Termination for Cause).

     

    
      	
              17.

            	
              Assignment

            

    

     

    Subject
      to Section 15, Purchaser may not assign this Agreement without Sprint’s prior
      written consent, which consent may not be unreasonably withheld. Any assignment
      in violation of this provision is null and void. If this Agreement is assumed
      by
      the assignee, permitted assignment of this Agreement shall release the Purchaser
      from all of its obligations under this Agreement, except for any then accrued
      but unpaid amounts due to Sprint.

     

    Sprint
      will consent to the assignment of this Agreement in connection with the sale
      or
      other transfer of the End User accounts under Section 15.1 if all Section 15.1
      procedures are followed, provided that Sprint is not obligated to consent to
      any
      assignment to a strategic competitor of Sprint, Sprint Corporation or an
      Affiliate of each, as determined by Sprint in its reasonable
      discretion.

    
      
        
          

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              18.

            	
              General
                Provisions

            

    

    
      
        	 	 	 

      

      
        	 	
                18.1.

              	
                Notices
                  and Inquiries

              

      

    

     

    Except
      as
      otherwise provided, all notices and inquiries must be in writing and mailed
      (certified or registered mail, postage prepaid, return receipt requested) or
      sent by hand or overnight courier, (with acknowledgment received by the
      courier), or by facsimile (with facsimile acknowledgment) addressed as follows:
      

    If
      to
      Purchaser: 

    Oblio
      Telecom L.L.P.

    407
      International Parkway, Suite 403

    Richardson,
      Texas 75081

    Attention:
      Radu Achiriloaie

    

    With
      a
      copy to:

    Robert
      L.
      Villaseñor

    Hunton
      & Williams LLP

    Energy
      Plaza, 30th
      Floor

    1601
      Bryan Street

    Dallas,
      Texas 75201

    

    If
      to
      Sprint:

    Sprint
      Spectrum, L.P. (d/b/a Sprint)

    [*  **]

    

    With
      a
      copy to:

    Sprint
      Spectrum, L.P. (d/b/a Sprint)

    [* **]

     

    **CERTAIN
      INFORMATION ON THIS PAGE HAS BEEN
      OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION.
      CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO SUCH OMITTED
      PORTIONS

     

    
      
        
          

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    Any
      party
      may from time to time specify a different address by notice to the other party.
      Any notice is considered given as of the date delivered.

     

    
      	 	
              18.2.

            	
              Construction

            

    

     

    The
      definitions in this Agreement apply equally to both the singular and plural
      forms of the terms defined. Whenever the context requires, any pronoun includes
      the corresponding masculine, feminine and neuter forms. The words “include”,
“includes” and “including” are deemed to be followed by the phrase “without
      limitation”. Unless the context otherwise requires, any 

    
       

    

    references
      to any agreement, schedule or exhibit or to any other instrument or statute
      or
      regulation are to it as amended and supplemented from time to time (and, in
      the
      case of a statute or regulation, to any corresponding provisions of successor
      statutes or regulations). Any reference in this Agreement to a “day” or number
      of “days” is a reference to a calendar day or number of calendar days. If any
      action or notice is to be taken or given on or by a particular calendar day,
      and
      that calendar day is not a business day for Sprint or Purchaser then the action
      or notice will be deferred until, or may be taken or given on, the next business
      day. This Agreement will be construed simply according to its fair meaning
      and
      not strictly for or against any party. No rule of construction requiring
      interpretation against the draftsperson will apply in the interpretation of
      this
      Agreement. Except as otherwise provided, if there are any inconsistencies
      between any Schedule or Exhibit, and the body of this Agreement, the body of
      this Agreement controls. If there are any inconsistencies between the Private
      Label Operations Manual and this Agreement, this Agreement
      controls.

     

    
      	 	
              18.3.

            	
              Independent
                Contractors

            

    

     

    The
      parties do not intend to create any agency, partnership, joint venture or other
      profit-sharing arrangement, landlord-tenant, or lessor-lessee relationship,
      or
      any relationship other than seller-buyer. Purchaser will not represent itself
      (i) as an agent or representative of Sprint or (ii) as a purchaser
      of
      PCS Service in any way not specifically provided for herein. Each party will
      be
      solely responsible for the payment of compensation, workers’ compensation,
      unemployment insurance and for withholding or paying employment related taxes
      to
      or with respect to its own employees. Sprint will be solely responsible for
      or
      entitled to the payment or receipt of any fees paid to or received from third
      party service providers with respect to data, content or services, if
      any.

     

    
      	 	
              18.4.

            	
              Survival

            

    

     

    The
      provisions of this Agreement that by its content survive the termination of
      this
      Agreement will survive the termination.

     

    
      	 	
              18.5.

            	
              Headings

            

    

     

    The
      article and other headings contained in this Agreement are for reference
      purposes only and are not intended to describe, interpret, define, or limit
      the
      scope, extent, or intent of this Agreement or any provision of this
      Agreement.

     

    
      	 	
              18.6.

            	
              Severability

            

    

     

    Every
      provision of this Agreement is intended to be severable unless expressly
      indicated otherwise (e.g.
      see
      Section 2).
      If any
      term or provision of this Agreement is illegal, invalid or unenforceable for
      any
      reason whatsoever, that term or provision will be enforced to the maximum extent
      permissible so as to effect the intent of the parties, and the illegality,
      invalidity or unenforceability will not affect the validity or legality of
      the
      remainder of this Agreement. If necessary to effect the intent of the parties,
      the parties will negotiate in good faith to amend this Agreement to replace
      the
      unenforceable language with enforceable language which as closely as possible
      reflects the intent.

    
      
        
          

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              18.7.

            	
              Governing
                Law;
                Exclusive Venue

            

    

     

    This
      Agreement will be governed by and construed in accordance with the procedural
      and substantive laws of the State of Kansas without giving effect to its choice
      of law rules. Any cause of action or suit based upon or arising in connection
      with this Agreement must be filed in Johnson County, Kansas (State court) or
      Kansas City, Kansas (Federal Court).

     

    
      	 	
              18.8.

            	
              Waiver
                of Jury Trial

            

    

     

    Each
      party waives its respective rights to a trial by jury of all claims or causes
      of
      action (including counterclaims) related to or arising out of this Agreement
      or
      the transactions contemplated by this Agreement brought by any party against
      any
      other party. This waiver applies to all subsequent amendments of this
      agreement.

     

    
      	 	
              18.9.

            	
              Counterpart
                Execution

            

    

     

    This
      Agreement may be executed in any number of counterparts with the same effect
      as
      if each party had signed the same document. All counterparts will be construed
      together and will constitute one agreement.

     

    
      	 	
              18.10.

            	
              Entire
                Agreement;
                Amendments

            

    

     

    This
      Agreement sets forth the entire agreement and understanding between the parties
      as to the subject matters covered therein and supersede all prior agreements,
      oral or written, and other communications between the parties relating to the
      subject matter of this Agreement. Except as otherwise provided in this
      Agreement, no amendment or modification of this Agreement will be valid or
      binding upon the parties unless made in writing and signed by the duly
      authorized representatives of both parties.

     

    
      	 	
              18.11.

            	
              Parties
                in Interest; Limitation on Rights of
                Others

            

    

     

    Except
      as
      otherwise provided in this Agreement, this Agreement is binding upon and inure
      to the benefit of the parties hereto and their permitted successors and assigns.
      Nothing in this Agreement, whether express or implied, will be construed to
      give
      any person other than the parties any legal or equitable right, remedy or claim
      under or in respect of this Agreement or any covenants, conditions or provisions
      contained in this Agreement.

     

    
      	 	
              18.12.

            	
              Waivers;
                Remedies

            

    

     

    The
      observance of any term of this Agreement may be waived (either generally or
      in a
      particular instance and either retroactively or prospectively) by the party
      entitled to enforce the term, but any waiver is effective only if in a writing
      signed by the party against which the waiver is to be asserted. Except as
      otherwise provided in this Agreement, no failure or delay of any party in
      exercising any right under this Agreement will operate as a waiver thereof,
      nor
      will any single or partial exercise of any right, or any abandonment or
      discontinuance of steps to enforce the right, preclude any other or further
      exercise thereof or the exercise of any other right.

     

    
      	 	
              18.13.

            	
              Force
                Majeure

            

    

     

    If
      the
      performance of this Agreement is interfered with by any circumstance beyond
      the
      reasonable control of the party affected, the party affected by the force
      majeure is excused on a day-by-day basis to the extent of the interference,
      if
      the party notifies the other party as soon as 

    
      
        
          

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    practicable
      of the nature and expected duration of the claimed force majeure, uses all
      commercially reasonable efforts to avoid or remove the causes of nonperformance
      and resumes performance promptly after the causes have been removed. A “force
      majeure” under this Section 18.13
      includes
      (i) acts of God, such as fire, flood, earthquake or other natural cause; (ii)
      terrorist events, riots, insurrections, war or national emergency; (iii)
      strikes, boycotts, lockouts or other labor difficulties, (iv) the lack of or
      inability to obtain permits or approvals, necessary labor, materials, energy,
      components or machinery, telecommunication line facilities or MDNs, and (v)
      judicial, legal or other action of any Governmental Authority.

     

    
      	 	
              18.14.

            	
              Disclosure

            

    

     

    All
      media
      releases and public announcements or disclosures by either party relating to
      this Agreement, its subject matter or the purpose of this Agreement are to
      be
      coordinated with and consented to by the other party in writing prior to the
      release thereof.

     

    
      	 	
              18.15.

            	
              Compliance
                with Laws 

            

    

     

    Either
      party will comply with all applicable material federal, state, county and local
      laws, rules, regulations and orders that apply to it, its operations and
      facilities.

    This
      Agreement made as of the date first written above.

    

    
      	
              SPRINT
                SPECTRUM L.P.

            	
               

              OBLIO
                TELECOM L.L.P.

            
	
               

              By:
                      

            	
               

              By:
                      

            
	
               

              Name:
                   [***]   

            	
               

              Name:
                       

            
	
               

              Title:
                  [* **] 

               

              Date:
                      

            	
               

              Title:
                      

               

              Date:
                      

            

    

     

    **CERTAIN
      INFORMATION ON THIS PAGE HAS BEEN
      OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION.
      CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO SUCH OMITTED
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    Schedule
      1.0

    PCS
      Services

    

    
      	
              1.

            	
              Description
                of Services

            

    

     

    The
      Sprint Network is a digital wireless communications network that uses Code
      Division Multiple Access (“CDMA”) technology. Itemized below are the services on
      the Sprint Network (with the associated rates and charges) that comprise the
      PCS
      Service. 

    

    
      	
              2.

            	
              Rates
                and Charges

            

    

    

    2.1 Market
      Implementation Fee

    Sprint
      will charge Purchaser a Market Implementation Fee of [***],
      which
      will be invoiced by Sprint in the first bill cycle following the In Service
      Date.

    If
      within
      twelve (12) months of the In Service Date Purchaser has achieved [***]Net
      End
      Users, Sprint will offer a one time credit of [***]on
      the
      next applicable bill cycle.

    

    2.2 Voice
      Services

    2.2.1 Forward Pricing

    Except
      as
      otherwise provided in this Agreement, Purchaser’s voice PCS Service will be
      priced at the [***]tier
      in
      the pricing table set forth in Section 2.2.2 below, for the first [***]billing
      months following the In Service Date (“Forward Pricing Period”). Except as
      otherwise provided in this Section 2.2.1, if, during the Forward Pricing Period,
      Purchaser achieves a higher [***]tier
      in
      the pricing table than the tier at which it is priced, Purchaser’s voice PCS
      Service will be priced commensurate with its total [***]as
      set
      forth in Section 2.2.2 below. If
      during
      the first [***]billing
      months following the In Service Date, Purchaser has not generated a sustained
      [***]
      growth
      trend and achieved at least [***],Purchaser’s
      

     

     

    **CERTAIN
      INFORMATION ON THIS PAGE HAS BEEN
      OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION.
      CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO SUCH OMITTED
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    voice
      PCS
      Services will be priced at the [***]tier
      in
      the pricing table set forth in Section 2.2.2, for the remaining six (6) months
      of the Forward Pricing Period. 

    After
      the
      Forward Pricing Period, Purchaser’s voice PCS Services will be priced
      commensurate with their total [***]as
      set
      forth in Section 2.2.2.

    

    2.2.2 Airtime
      Rates [***]

    Subject
      to Section 2.2.1, Sprint will charge Purchaser (i) [***],detailed
      below, for each MDN activated on the Network for [***]voice
      PCS
      Service, and (ii) [* **]rates
      set
      forth below for each MDN’s [* **]use
      of
      voice PCS Service. The rates include [***].
      Sprint
      may modify the peak and off-peak time periods from time to time. Per call
      charges [***]

    
      
        
          

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              [***]

            	
              [***]

            	
              [***]

            
	
              [* **]

            	
              [***]

            	
              [***]

            
	
              [* **]

            	
              [***]

            	
              [***]

            
	
              [* **]

            	
              [***]

            	
              [***]

            
	
              [* **]

            	
              [***]

            	
              [***]

            
	
              [* **]

            	
              [***]

            	
              [***]

            
	
              [* **]

            	
              [***]

            	
              [***]

            
	
              [*  **]

            	
              [***]

            	
              [***]

            

    

     

    **CERTAIN
      INFORMATION ON THIS PAGE HAS BEEN
      OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION.
      CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO SUCH OMITTED
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                   [***]

                	
                   [***]

                	
                   [***]

                

        

      

       

                                                                                                                   
        Peak Time Period: Monday - Friday, 7 am - 9 pm

                                                                                         
        Off-Peak Time Period: Monday - Thursday, 9 pm - 7 am and Friday 9 pm - Monday
        7
        am

       

    

    Alternate
      Airtime Rates [***]As
      an
      alternative to the Voice Service [***]contained
      in this Section 2.2.2, Purchaser may activate End Users under the Alternate
      Price Table outlined below. Sprint will charge Purchaser (i) [* **]detailed
      below for each MDN activated on the Network , and (ii) [***]rates
      set
      forth below for each MDN’s [***]of
      voice
      PCS Service. The [***]rates
      in
      the Alternate Price Table include [***].
      The
      rates DO NOT include [***].
      Purchaser will be charged the rates set forth in Schedule 1.0 for [***].

     

    ALTERNATE
      PRICE TABLE:

     

     

    
      	                                                                                      
              [***]	                     
              [***]
	
              [***]

            	
              [***]

            

    

    

    **CERTAIN
      INFORMATION ON THIS PAGE HAS BEEN OMITTED AND FILED SEPARATELY WITH THE
      SECURITIES AND EXCHANGE COMMISSION. CONFIDENTIAL TREATMENT HAS BEEN REQUESTED
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      	2..2.3	
              
                [***]

              

            

    

    
      	                        
              A.	
              [***]

            	
               

            

    

     

    For
      purposes of this Section 2.2.3, “6-Month Period #1” means January through June,
“6-Month Period #2” means July through December, jointly referred to as “6-Month
      Period”. 

     

    (i) [***]
      Calculation

    At
      the
      beginning of each 6-Month Period after the In Service Date, [***]

     

    II. Limitation
      on [***]

    [***]

    

    
      	 	
              B.

            	
              [* **] 

            

    

     

    
      	 	I.	
              [* **] Eligibility
                Criteria

            

                                                       
      To receive the [***],
      Purchaser must meet the following criteria [***]:

                                                           
      (a) [***],and

                                                          
      (b) Purchaser
      has complied and is complying with all material terms of the Agreement,
      including the payment terms.

     

    
      **CERTAIN
        INFORMATION ON THIS PAGE HAS BEEN OMITTED AND FILED SEPARATELY WITH THE
        SECURITIES AND EXCHANGE COMMISSION. CONFIDENTIAL TREATMENT HAS BEEN REQUESTED
        WITH RESPECT TO SUCH OMITTED PORTIONS

       

       

    

     

    
      
        
          

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        	 	II.	
                Implementation
                  of  [***].

              

      

       

      The
        [***]will
        be
        implemented the later of: (a) the March bill cycle if the prior 6-Month Period
        was 6-Month Period #2 or the September bill cycle if the prior 6-Month Period
        was 6-Month Period #1, or (b) the next 

    available
      bill cycle following the billing month in which Purchaser meets the [***]Eligibility
      Criteria. 

    III. Limitation
      [***]

    If
      Purchaser meets the [***]Eligibility
      Criteria during the same 6-Month Period as the Effective Date, the [***],in
      which
      case Purchaser will be deemed to have received [***].

    

    
      	 	
              C.

            	
              Subsequent
                [***]

            

    

     

    I. Subsequent
      [* **]Eligibility
      Criteria

    To
      receive subsequent [***],Purchaser
      must meet the following criteria [***]:

    (a) Purchaser
      previously received an [***],and

    (b) Purchaser
      has complied and is complying with all material terms of the Agreement,
      including the payment terms.

    II. Implementation
      of Subsequent [***]

     

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      INFORMATION ON THIS PAGE HAS BEEN
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      [***]calculated
        at the beginning of the then-current 6-Month Period will be implemented the
        later of: (a) the March bill cycle if the prior 6-Month Period was 6-Month
        Period #2 or the September bill cycle if the prior 6-Month Period was 6-Month
        Period #1, or (b) the next available bill cycle following
        the billing month in which Purchaser meets the Subsequent [***]Eligibility
        Criteria. 

    

     

     

    

    
      	 	
              D.

            	
              [***]

            

    

    I.  
      [***]

       
      [***] 

    II. [***]Certification

    When
      Purchaser has received [***],Sprint
      will provide documentation to substantiate the [***].

     

     2.2.4      
      Included features

     

    
      	 	
              2.2.4.1

            	
              Call
                Waiting

            

    

    
      	 	
              2.2.4.2

            	
              Three
                Way Calling

            

    

    
      	 	
              2.2.4.3

            	
              Caller
                ID

            

    

    
      	 	
              2.2.4.4

            	
              Caller
                ID Blocking (Purchaser must elect)

            

    

    
      	 	
              2.2.4.5

            	
              Basic
                Network Fraud Monitoring

            

    

    
      	 	
              2.2.4.6

            	
              Voicemail
                (Purchaser must elect)

            

    

    
      	 	
              2.2.4.7

            	
              Toll
                Blocking (Purchaser must elect)

            

    

    
      	 	
              2.2.4.8

            	
              Standard
                reports (see Private Label Operations
                Manual)

            

    

    

     

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      2.3 Service
        Fees

      Sprint
        will charge [***] .
All
        account services will be performed as set forth in this Agreement and the
        Private Label Operations Manual.

    

    2.4 Automatic
      Roaming Charges

    2.4.1 Standard
      Automatic Roaming Charges

    If
      Sprint
      provides automatic Roaming to Purchaser, Sprint will charge Purchaser a domestic
      Roaming rate of [***].
      

    International
      roaming rates will be quoted and billed on a country or region specific basis.
      International roaming rates[***] .

    2.4.2 Automatic
      Roaming Charges If Sprint Blocks Roaming

    If
      Sprint
      blocks Roaming pursuant to Section 9.2.2 of the Agreement, Sprint will
[* **]
      for
      Roaming calls completed on a Roaming switch. 

    International
      roaming rates will be quoted and billed on a country or region specific basis.
      [***] .

    

    2.5 Manual
      Roaming Charges

    Manual
      Roaming charges are billed directly to the End User credit or calling card
      by
      the serving carrier at carrier defined rates.

    

    2.6 International
      Toll Charges

    2.6.1 Except
      as
      provided below, Sprint will provide international toll services to Purchaser
      and
      charge Purchaser [***] rates
      set
      forth in Attachment No. 1 to Schedule 1.0. [***] .

     

    **CERTAIN
      INFORMATION ON THIS PAGE HAS BEEN
      OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION.
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      2.6.2 During
        the first six (6) billing months following the In Service Date, in lieu of
        the
[***] rates
        as
        described in Section 2.6.1 above, Sprint will charge [***] rate
        for
        the following countries: 

    
      	Bangladedesh:	
              [***] 

            
	Brazil: 	
              [***] 

            
	Columbia: 	
              [***] 

            
	Cuba:  	
              [***] 

            
	Czech Republic: 	
              [***]

            
	Dominican Republic: 	
              [***] 

            
	Egypt:	
              [***] 

            
	El Salvador: 	
              [***] 

            
	Eritrea:	
              [***] 

            
	Ethiopia:	
              [***] 

            
	Guatemala:	
              [***]  

            
	Haiti: 	
              [***]  

            
	Honduras: 	
              [***]  

            
	India:  	
              [***]  

            
	Jamaica:	
              [***]  

            
	 	 
	 	 
	 	 

    

     

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      INFORMATION ON THIS PAGE HAS BEEN
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      	Jordan: 	
              [***]  

            
	Kenya: 	
              [***]  

            
	Lebanon: 	
              [***]  

            
	Mexico: 	
              [***] 

            
	Morocco: 	
              [***]  

            
	Nigeria: 	
              [***]  

            
	Pakistan: 	
              [***]  

            
	Philippines: 	[***]  
	Poland:  	[***]  
	Romania:  	[***]  
	Saudi Arabia: 	[***]  
	Sudan: 	[***]  
	Syria: 	[***]  
	United Arab Emirates: 	[***]  
	Vietnam: 	[***]  
	 	 

    

    
 

     

     

     

     

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    After
      such 6-month period, Purchaser must generate at least [***]in
      international toll usage each billing month to continue receiving the pricing
      under this Section 2.6.2. If Purchaser fails to generate at least [***]
      in
      international toll usage in any billing month, Sprint may charge Purchaser
      the
      rates set forth in Section 2.6.1 and the rates in this Section 2.6.2 will no
      longer be available to Purchaser

    

    2.7 Short
      Message Service (SMS)

     

    2.7.1  Mobile
      Terminated SMS Messages

    Each
      End
      User mobile terminated SMS message can include up to 160 characters. Individual
      handsets may not be able to receive an End User SMS message if the handset
      is:
      (a) turned off; (b) Roaming; or (c) traveling in a Market that does not have
      text messaging capabilities. Purchaser must pay for each End User SMS message
      regardless of whether or not it is actually delivered to a handset.

     

    2.7.2 Mobile
      Originated SMS Messages

    Each
      Purchaser or End User mobile originated SMS message can include up to 160
      characters. Individual handsets must have mobile originations capabilities
      in
      the handset client. Individual handsets may not be able to terminate the
      origination of a message if the handset is (a) not provisioned; (b) turned
      off;
      (c) traveling in a Sprint Service Provider Affiliate Market that does not have
      text messaging capabilities; or (d) roaming needs to be included after
      migration. Purchaser will pay for the origination of a message regardless of
      whether or not it is actually terminated to a handset.

     

    **CERTAIN
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    2.7.3 SMS
      Charges 

    The
      volume schedule and rates below apply to MTSMS and MOSMS, including End User
      and
      Purchaser generated. Sprint will charge Purchaser the [* **]rates
      set
      forth in the table below based on Purchaser’s [***] messages
      [***]

     

                                                                            
      [***]  SMS
      [***]  
      Rate
      [***]  

     

    
      	
              [***] 

            	
              [***] 

            
	
              [***] 

            	
              [***] 

            
	
              [***] 

            	
              [***] 

            
	
              [***] 

            	
              [***] 

            

    

    

    2.8 Sprint
      Data Transport Service Rates 

    
      Sprint
        will charge Purchaser the [* **]rates
        set
        forth in the table below based on Purchaser’s [* **]usage
        during the monthly billing cycle. The rates include [* **].
        The

       

       

       

      **CERTAIN  INFORMATION
        ON THIS PAGE
        HAS BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE
        COMMISSION. CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO SUCH
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    [* **]rates
      below are for data transport only and do not include access to individual Sprint
      Data Services (e.g., Sprint-managed Sprint Data Services solution, web-browsing,
      picture messaging, video messaging). When individual Sprint Data Services are
      available, the parties will amend this Agreement to include applicable
      implementation costs, rates and other fees. 

    

      
                                                                                                    Rate
      [***]   

    
                                                                  

      
        
          	
                  [***]  

                	
                  Rate 

                
	
                  [***] 

                	
                  [***] 

                
	
                  [***] 

                	
                  [***] 

                
	
                  [***] 

                	
                  [***] 

                
	
                  [***] 

                	
                  [***] 

                

        

      

       

    

    2.9  
       Intentionally
      left blank

    

    2.10  
Other
      Charges:

    2.10.1 Call
      Forwarding:[***] 

    2.10.2 Operator
      Services: [***]  

    2.10.3 Directory
      Assistance: [***]  

    2.10.4 911
      and
      E911: [***]  

     

     

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      INFORMATION ON THIS PAGE HAS BEEN
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              2.10.5	
            	
              Wireless
                Local Number Portability:
                Sprint will charge Purchaser [***].For
                clarification purposes, this charge will apply to all End Users that
                are
                either in “active” or “suspend” status at any time during the monthly bill
                cycle.

            

      	                          
               2.10.6	 	611 - Direct Routing to Purchaser’s Customer
              Care: 

      	 	 	Implementation: [***]

      	 	 	[***] 

      
         This
          service allows Purchaser’s End Users to be directly routed to Purchaser’s
          customer care when dialing 611. Sprint does not guarantee that
          the             

      

      	 	 	direct routing service will function properly 100%
              of the
              time. 

      	                           2.10.7	 	Call Tracing: [***] 

      	                                    2.10.8
              	 	Voicemail Password Reset: [***] 

      	                          
              2.10.9	 	Custom Routing Code: [***] .custom
              routing code that allows Purchaser to provide a unique code for End
              User
              customer care calls, subject to availability and approval by
              Sprint. 

      	                                
              2.10.10  	 	Non-standard reports: As
              quoted 

      	                                
              2.10.11	 	 Handset
              Certification: As quoted 

      	                      
              2.11 	 	Message Acquisition & Formatting
              (MAF) 

 

    MAF
      will
      allow Purchaser to receive unrated Call Detail Records (“CDRs”) on a near
      real-time basis. In order to receive MAF, Purchaser must obtain a license to
      use
      CIBER formatted records from CIBERNET at Purchaser’s sole expense. In addition,
      in order to receive access to the MAF data, Purchaser, at its sole expense,
      will
      need to establish a direct connection to Sprint through a dedicated circuit,
      complete a MAF questionnaire, and 

     

    **CERTAIN
      INFORMATION ON THIS PAGE HAS BEEN
      OMITTED AND FILED SEPARATELY WITH THE SECURITIES
      AND       EXCHANGE COMMISSION. CONFIDENTIAL
      TREATMENT HAS BEEN REQUESTED WITH RESPECT TO SUCH OMITTED
      PORTIONS

    
      
        
          

          Sprint
            Confidential Information - RESTRICTED

          

          

        

        
        

      

      
        50

        
          

        

      

      
        
        

      

    

    comply
      with the requirements set out in the Private Label Operations Manual and other
      applicable documentation provided by Sprint. Sprint will not provide access
      to
      MAF until all such requirements are met. Purchaser may utilize the same direct
      connection to Sprint for MAF, API and AMS. However, Purchaser is responsible
      for
      monitoring and ensuring adequate capacity on its circuit(s). MAF will be
      provided as set forth in the Agreement and the Private Label Operations
      Manual.

    

    2.12 Machine
      to Machine Interface (API)

     

    Implementation
      Fee:  [***] 

     

    API
      will
      allow Purchaser to provision End Users through Purchaser’s billing/activation
      system which will interface with and update Sprint’s billing system
      automatically. API will be able to perform End User subscription activities
      that
      would otherwise be performed on the Sprint maintained Private Label Services
      web
      site (e.g., activations, deactivations, suspends, feature changes). In order
      to
      receive API, Purchaser must obtain T-1 connection into the Sprint data center
      at
      Purchaser’s expense. Purchaser may utilize the same direct connection to Sprint
      for MAF, API and AMS. However, Purchaser is responsible for monitoring and
      ensuring adequate capacity on its circuit(s). API will be provided as set forth
      in the Agreement and the Functional Requirements Specification document provided
      to Purchaser by Sprint.

    

    2.13 Application
      Mediation System (AMS)

     

    Implementation
      Fee: [***] 

     

    AMS
      will
      provide Purchaser with unrated 3G packet data usage records (IPDRs) and, where
      applicable, transactional data records (TDRs), which will allow Purchaser to
      rate Sprint Data Transport Service on a per kilobyte basis. In order to receive
      access to AMS data records, Purchaser, at its sole expense, will need to
      establish a direct connection to Sprint through a dedicated circuit, and comply
      with the requirements set out in the Private Label Operations Manual and other
      applicable documentation provided by Sprint. Purchaser may utilize the same
      direct connection to Sprint for MAF, API and AMS. However, Purchaser is
      responsible for monitoring and ensuring adequate capacity on its circuit(s).
      Sprint will not provide access to AMS until all such requirements are met.
      AMS
      will be provided as set forth in the Agreement and the Private Label Operations
      Manual.

    

    **CERTAIN
      INFORMATION ON THIS PAGE HAS BEEN
      OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION.
      CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO SUCH OMITTED
      PORTIONS

    
      
         

      

    

    
      
        
          

          Sprint
            Confidential Information - RESTRICTED

          

          

        

        
        

      

      
        51

        
          

        

      

      
        
        

        
        

      

    

     

     

    
      	
              3.

            	
              Procedures
                and Guidelines

            

    

    Sprint,
      in its sole discretion, will determine rounding with respect to pricing.
      Rounding policies are further described in the Private Label Operations Manual.
      All other applicable procedures and guidelines are set forth in the Private
      Label Operations Manual.

    Sprint
      may, at its discretion, add new services and features or modify, replace or
      enhance any of the services or features listed on this Schedule 1.0. Sprint
      will
      provide Purchaser notice of any such changes. The price for a new, modified,
      replaced or enhanced service or feature will be set forth in the notice. If
      Purchaser purchases any new, modified, replaced or enhanced service or features
      after the date of the notice, this Schedule 1.0 will be deemed amended by that
      notice and Purchaser will be obligated to pay for that service and feature
      as
      set forth in the notice, unless the parties otherwise agree in
      writing

    The
      charges set forth in this Schedule 1.0 are conditioned upon Purchaser’s ability
      and willingness to secure and exclusively use Sprint’s remote provisioning
      interface to perform transactions.

     

    
      
        
        

      

      
        52

        
          

        

      

      
        
        

      

    

    

    Attachment
      No. 1 to Schedule 1.0

    *** CERTAIN
      INFORMATION IN
      THIS TABLE
      HAS BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE
      COMMISSION. CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO SUCH
      OMITTED PORTIONS

    International
      Toll Charges

     

    
      
        	
              
	 	
                [***] 

              
	 	
                [***] 

              
	
                Country

              	
                [***] Rates

              
	
                Afghanistan

              	
                [***] 

              
	
                Albania

              	
                [***] 

              
	
                Algeria

              	
                [***] 

              
	
                American
                  Samoa

              	
                
                  [***] 

                

              
	
                Andorra

              	
                
                  [***] 

                

              
	
                Angola

              	
                
                  [***] 

                

              
	
                Anguilla

              	
                
                  [***] 

                

              
	
                Antigua

              	
                
                  [***] 

                

              
	
                Argentina

              	
                
                  [***] 

                

              
	
                Armenia

              	
                
                  [***] 

                

              
	
                Aruba

              	
                
                  [***] 

                

              
	
                Ascension
                  Island

              	
                
                  [***] 

                

              
	
                Australia

              	
                
                  [***] 

                

              
	
                Australian
                  External Territories

              	
                [***] 

              
	
                Austria

              	
                
                  [***] 

                

              
	
                Azerbijan

              	
                [***] 

              
	
                Bahamas

              	
                [***] 

              
	
                Bahrain

              	
                [* 
                  **] 

              
	
                Bangladesh

              	
                [**
                   *] 

              
	
                Barbados

              	
                [***] 

              
	
                Belarus

              	
                [* 
                  **]

              
	
                Belgium

              	
                [* 
                  **]

              
	
                Belize

              	
                [* *
                  *]

              
	
                Benin

              	
                [***]

              
	
                Bermuda

              	
                [***]

              

      

       

       

      
        
           

        

        
          53

          
            

          

        

        
           

        

      

      
         

      

      
        
          	
                  Bhutan

                	
                  
                    [* **]

                  

                
	
                  Bolivia

                	
                  
                    [* **]

                  

                
	
                  Bosnia-Herzegovina

                	
                  [* **]

                
	
                  Botswana

                	
                  [* **]

                
	
                  Brazil

                	
                  [* **]

                
	
                  British
                    Virgin Islands

                	
                  [* **]

                
	
                  Brunei

                	
                  [* **]

                
	
                  Bulgaria

                	
                  [* **]

                
	
                  Burkina
                    Faso

                	
                  [* **]

                
	
                  Burundi

                	
                  [* **]

                
	
                  Cambodia

                	
                  [* **]

                
	
                  Cameroon

                	
                  [* **]

                
	
                  Canada

                	
                  [* **]

                
	
                  Cape
                    Verde Island

                	
                  [* **]

                
	
                  Cayman
                    Islands

                	
                  [* **]

                
	
                  Central
                    African Republic

                	
                  [* **]

                
	
                  Chad
                    Republic

                	
                  [* **]

                
	
                  Chile

                	
                  [* **]

                
	
                  China

                	
                  [* **]

                
	
                  Colombia

                	
                  [* **]

                
	
                  Comoros

                	
                  [* **]

                
	
                  Congo

                	
                  [* **]

                
	
                  Cook
                    Islands

                	
                  [* **]

                
	
                  Costa
                    Rica

                	
                  [* **]

                
	
                  Croatia

                	
                  [* **]

                
	
                  Cuba

                	
                  [* **]

                

        

         

        
          
            
            

          

          
            54

            
              

            

          

          
            
            

          

        

        
          
            	
                    Cyprus

                  	
                    [* **]

                  
	
                    Czech
                      Republic

                  	
                    [* **]

                  
	
                    Denmark

                  	
                    [* **]

                  
	
                    Diego
                      Garcia

                  	
                    [* **]

                  
	
                    Djibouti

                  	
                    [* **]

                  
	
                    Domican
                      Republic

                  	
                    [* **]

                  
	
                    Dominica

                  	
                    [* **]

                  
	
                    Ecuador

                  	
                    [* **]

                  
	
                    Egypt

                  	
                    [* **]

                  
	
                    El
                      Salvador

                  	
                    [* **]

                  
	
                    Equatorial
                      Guinea

                  	
                    [* **]

                  
	
                    Eritrea

                  	
                    [* **]

                  
	
                    Estonia

                  	
                    [* **]

                  
	
                    Ethiopia

                  	
                    [* **]

                  
	
                    Faeroe
                      Islands

                  	
                    [* **]

                  
	
                    Falkland
                      Islands

                  	
                    [* **]

                  
	
                    Fiji
                      Islands

                  	
                    [* **]

                  
	
                    Finland

                  	
                    [* **]

                  
	
                    France

                  	
                    [* **]

                  
	
                    French
                      Antilles

                  	
                    [* **]

                  
	
                    French
                      Guiana

                  	
                    [* **]

                  
	
                    French
                      Polynesia

                  	
                    [* **]

                  
	
                    Gabon

                  	
                    [* **]

                  
	
                    Gambia

                  	
                    [* **]

                  
	
                    Georgia

                  	
                    [* **]

                  

          

           

          
            
              
              

            

            
              55

              
                

              

            

            
              
              

            

          

          
            
              	
                      Germany

                    	
                      [* **]

                    
	
                      Ghana

                    	
                      [* **]

                    
	
                      Gibraltar

                    	
                      [* **]

                    
	
                      Greece

                    	
                      [* **]

                    
	
                      Greenland

                    	
                      [* **]

                    
	
                      Grenada

                    	
                      [* **]

                    
	
                      Guadelope

                    	
                      [* **]

                    
	
                      Guam

                    
	
                      Guantanmo
                        Bay

                    	
                      [* **]

                    
	
                      Guatemala

                    	
                      [* **]

                    
	
                      Guinea

                    	
                      [* **]

                    
	
                      Guinea-Bisau

                    	
                      [* **]

                    
	
                      Guyana

                    	
                      [* **]

                    
	
                      Haiti

                    	
                      [* **]

                    
	
                      Honduras

                    	
                      [* **]

                    
	
                      Hong
                        Kong

                    	
                      [* **]

                    
	
                      Hungary

                    	
                      [* **]

                    
	
                      Iceland

                    	
                      [* **]

                    
	
                      India

                    	
                      [* **]

                    
	
                      Indonesia

                    	
                      [* **]

                    
	
                      Iran
                        

                    	
                      [* **]

                    
	
                      Iraq

                    	
                      [* **]

                    
	
                      Ireland

                    	
                      [* **]

                    
	
                      Israel

                    	
                      [* **]

                    
	
                      Italy

                    	
                      [* **]

                    
	
                      Ivory
                        Coast

                    	
                      [* **]

                    

            

             

            
              
                
                

              

              
                56

                
                  

                

              

              
                
                

              

            

            
              
                	
                        Jamaica

                      	
                        [* **]

                      
	
                        Japan

                      	
                        [* **]

                      
	
                        Jordan

                      	
                        [* **]

                      
	
                        Kazakhstan

                      	
                        [* **]

                      
	
                        Kenya

                      	
                        [* **]

                      
	
                        Kiribati

                      	
                        [* **]

                      
	
                        Korea,
                          Republic of (South)

                      	
                        [* **]

                      
	
                        Kuwait

                      	
                        [* **]

                      
	
                        Kyrgyzstan

                      	
                        [* **]

                      
	
                        Laos

                      	
                        [* **]

                      
	
                        Lativa

                      	
                        [* **]

                      
	
                        Lebanon

                      	
                        [* **]

                      
	
                        Lesotho

                      	
                        [* **]

                      
	
                        Liberia

                      	
                        [* **]

                      
	
                        Libya

                      	
                        [* **]

                      
	
                        Liechtenstein

                      	
                        [* **]

                      
	
                        Lithuania

                      	
                        [* **]

                      
	
                        Luxembourg

                      	
                        [* **]

                      
	
                        Macao

                      	
                        [* **]

                      
	
                        Macedonia

                      	
                        [* **]

                      
	
                        Madagascar

                      	
                        [* **]

                      
	
                        Malawi

                      	
                        [* **]

                      
	
                        Malaysia

                      	
                        [* **]

                      
	
                        Maldives

                      	
                        [* **]

                      
	
                        Mali
                          Republic

                      	
                        [* **]

                      

              

               

              
                
                  
                  

                

                
                  57

                  
                    

                  

                

                
                  
                  

                

              

              
                
                  	
                          Malta

                        	
                          [* **]

                        
	
                          Marshall
                            Islands

                        	
                          [* **]

                        
	
                          Martinique

                        	
                          [* **]

                        
	
                          Mauritania

                        	
                          [* **]

                        
	
                          Mauritius

                        	
                          [* **]

                        
	
                          Mayotte
                            Island

                        	
                          [* **]

                        
	
                          Micronesia

                        	
                          [* **]

                        
	
                          Moldova

                        	
                          [* **]

                        
	
                          Monaco

                        	
                          [* **]

                        
	
                          Mongolian
                            People's Republic

                        	
                          [* **]

                        
	
                          Montserrat

                        	
                          [* **]

                        
	
                          Morocco

                        	
                          [* **]

                        
	
                          Mozambique

                        	
                          [* **]

                        
	
                          Myanmar

                        	
                          [* **]

                        
	
                          Namibia

                        	
                          [* **]

                        
	
                          Nauru
                            Island

                        	
                          [* **]

                        
	
                          Nepal

                        	
                          [* **]

                        
	
                          Netherlands

                        	
                          [* **]

                        
	
                          Netherlands
                            Antilles

                        	
                          [* **]

                        
	
                          Nevis

                        	
                          [* **]

                        
	
                          New
                            Caledonia

                        	
                          [* **]

                        
	
                          New
                            Zealand

                        	
                          [* **]

                        
	
                          Nicaragua

                        	
                          [* **]

                        
	
                          Niger

                        	
                          [* **]

                        
	
                          Nigeria

                        	
                          [* **]

                        

                

                 

                
                  
                    
                    

                  

                  
                    58

                    
                      

                    

                  

                  
                    
                    

                  

                

                
                  
                    	
                            Niue
                              Island

                          	
                            [* **]

                          
	
                            North
                              Korea

                          	
                            [* **]

                          
	
                            Norway

                          	
                            [* **]

                          
	
                            Oman

                          	
                            [* **]

                          
	
                            Pakistan

                          	
                            [* **]

                          
	
                            Palau

                          	
                            [* **]

                          
	
                            Palestine

                          	
                            [* **]

                          
	
                            Panama

                          	
                            [* **]

                          
	
                            Paraguay

                          	
                            [* **]

                          
	
                            Paupua
                              New Guinea

                          	
                            [* **]

                          
	
                            Peru

                          	
                            [* **]

                          
	
                            Philippines

                          	
                            [* **]

                          
	
                            Poland

                          	
                            [* **]

                          
	
                            Portugal

                          	
                            [* **]

                          
	
                            Qatar

                          	
                            [* **]

                          
	
                            Reunion
                              Islands

                          	
                            [* **]

                          
	
                            Romania

                          	
                            [* **]

                          
	
                            Russia

                          	
                            [* **]

                          
	
                            Rwanda

                          	
                            [* **]

                          
	
                            Saipan

                          
	
                            San
                              Marino

                          	
                            [* **]

                          
	
                            Sano
                              Tome and Principe

                          	
                            [* **]

                          
	
                            Saudi
                              Arabia

                          	
                            [* **]

                          
	
                            Senegal

                          	
                            [* **]

                          
	
                            Seycheles

                          	
                            [* **]

                          
	
                            Sierra
                              Leone

                          	
                            [* **]

                          

                  

                   

                  
                    
                      
                      

                    

                    
                      59

                      
                        

                      

                    

                    
                      
                      

                    

                  

                  
                    
                      	
                              Singapore

                            	
                              [* **]

                            
	
                              Slovakia

                            	
                              [* **]

                            
	
                              Slovenia

                            	
                              [* **]

                            
	
                              Solomon
                                Island

                            	
                              [* **]

                            
	
                              Somalia

                            	
                              [* **]

                            
	
                              South
                                Africa

                            	
                              [* **]

                            
	
                              Spain

                            	
                              [* **]

                            
	
                              Sri
                                Lanka

                            	
                              [* **]

                            
	
                              St.
                                Helena

                            	
                              [* **]

                            
	
                              St.
                                Kitts

                            	
                              [* **]

                            
	
                              St.
                                Lucia

                            	
                              [* **]

                            
	
                              St.
                                Pierre and Miquelon

                            	
                              [* **]

                            
	
                              St.
                                Vincent and The Grenadine

                            	
                              [* **]

                            
	
                              Sudan

                            	
                              [* **]

                            
	
                              Suriname

                            	
                              [* **]

                            
	
                              Swaziland

                            	
                              [* **]

                            
	
                              Sweden

                            	
                              [* **]

                            
	
                              Switzerland

                            	
                              [* **]

                            
	
                              Syria

                            	
                              [* **]

                            
	
                              Taiwan

                            	
                              [* **]

                            
	
                              Tajikistan

                            	
                              [* **]

                            
	
                              Tanzania

                            	
                              [* **]

                            
	
                              Thailand

                            	
                              [* **]

                            
	
                              Togo

                            	
                              [* **]

                            
	
                              Tokelau

                            	
                              [* **]

                            

                    

                     

                    
                      
                        
                        

                      

                      
                        60

                        
                          

                        

                      

                      
                        
                        

                      

                    

                    
                      
                        	
                                Tonga
                                  Islands

                              	
                                [* **]

                              
	
                                Trinidad
                                  & Tobago

                              	
                                [* **]

                              
	
                                Tunisia

                              	
                                [* **]

                              
	
                                Turkey

                              	
                                [* **]

                              
	
                                Turkmenistan

                              	
                                [* **]

                              
	
                                Turks
                                  & Caicos Islands

                              	
                                [* **]

                              
	
                                Tuvalu

                              	
                                [* **]

                              
	
                                Uganda

                              	
                                [* **]

                              
	
                                Ukraine

                              	
                                [* **]

                              
	
                                United
                                  Arab Emirates

                              	
                                [* **]

                              
	
                                United
                                  Kingdom

                              	
                                [* **]

                              
	
                                Uruguay

                              	
                                [* **]

                              
	
                                Uzbekistan

                              	
                                [* **]

                              
	
                                Vanuatu

                              	
                                [* **]

                              
	
                                Vatican
                                  City

                              	
                                [* **]

                              
	
                                Venezuela

                              	
                                [* **]

                              
	
                                Vietnam

                              	
                                [* **]

                              
	
                                Wallis
                                  and Futuna

                              	
                                [* **]

                              
	
                                Western
                                  Samoa

                              	
                                [* **]

                              
	
                                Yemen
                                  Republic Of

                              	
                                [* **]

                              
	
                                Yugoslav
                                  Republics

                              	
                                [* **]

                              
	
                                Zaire

                              	
                                [* **]

                              
	
                                Zambia

                              	
                                [* **]

                              
	
                                Zimbabwe

                              	
                                [* **]

                              
	
                                Mexico
                                  

                              	
                                [* **]

                              
	
                                ([* **]

                              

                      

                       

                      
                        
                          
                          

                        

                        
                          61

                          
                            

                          

                        

                        
                          
                          

                        

                        Schedule
                          2.0

                      

                    

                  

                

              

            

          

        

      

    

    Sprint
      Markets

    
      	
              Sprint
                Market Description

            
	
              Atlanta,
                GA

            
	
              Birmingham,
                AL

            
	
              Boston,
                MA

            
	
              Buffalo,
                NY

            
	
              Charlotte,
                NC

            
	
              Chicago,
                IL

            
	
              Cincinnati,
                OH

            
	
              Cleveland,
                OH

            
	
              Columbus,
                OH

            
	
              Dallas,
                TX

            
	
              Denver,
                CO

            
	
              Des
                Moines, IA

            
	
              Detroit,
                MI

            
	
              Hartford,
                CT

            
	
              Honolulu,
                HI

            
	
              Houston,
                TX

            
	
              Indianapolis,
                IN

            
	
              Jacksonville,
                FL

            
	
              Kansas
                City

            
	
              Knoxville,
                TN

            
	
              Las
                Vegas, NV

            
	
              Little
                Rock, AR

            
	
              Los
                Angeles, CA

            
	
              Louisville,
                KY

            
	
              Memphis,
                TN

            

    

    
      
        
          

          Sprint
            Confidential Information - RESTRICTED

          

          

        

        
        

      

      
        62

        
          

        

      

      
        
        

        
           

          62663.000000
            DALLAS 147515v9

        

      

    

    Schedule
      2.0 (continued)

    Sprint
      Markets

    
      	
              Sprint
                Market Description

            
	
              Miami,
                FL

            
	
              Milwaukee,
                WI

            
	
              Minneapolis
                / St. Paul, MN

            
	
              Nashville,
                TN

            
	
              New
                Orleans, LA

            
	
              New
                York, NY

            
	
              Oklahoma
                City, OK

            
	
              Omaha,
                NE

            
	
              Orlando,
                FL

            
	
              Philadelphia,
                PA

            
	
              Phoenix,
                AZ

            
	
              Pittsburgh,
                PA

            
	
              Portland,
                OR

            
	
              Puerto
                Rico, PR

            
	
              Richmond,
                VA

            
	
              Salt
                Lake City, UT

            
	
              San
                Antonio, TX

            
	
              San
                Diego, CA

            
	
              San
                Francisco, CA

            
	
              Seattle,
                WA

            
	
              St.
                Louis, MO

            
	
              Tallahassee,
                FL

            
	
              Tampa,
                FL

            
	
              Virgin
                Islands, VI

            
	
              Wichita,
                KS

            
	
              Washington
                DC

            

    

    

    Schedule
      2.0 (continued)

    
      
        
          

          Sprint
            Confidential Information - RESTRICTED

          

          

        

        
        

      

      
        63

        
          

        

      

      
        
        

        
           

          62663.000000
            DALLAS 147515v9

        

      

    

    

    Sprint
      Service Provider Affiliate Markets

    AirGate
      Markets

    
      	
              Market
                Description

            
	
              Augusta,
                GA

            
	
              Camden,
                SC

            
	
              Georgetown,
                SC

            
	
              Goldsboro,
                NC

            
	
              Hendersonville,
                NC

            
	
              Myrtle
                Beach, SC

            
	
              Savannah,
                GA

            
	
              Spartanburg,
                SC

            

    

    
      
        
          

          Sprint
            Confidential Information - RESTRICTED

          

          

        

        
        

      

      
        64

        
          

        

      

      
        
        

        
           

          62663.000000
            DALLAS 147515v9

        

      

    

    Schedule
      2.0 (continued)

    Sprint
      Service Provider Affiliate Markets

    Alamosa
      PCS

    
      	
              Market
                Description

            
	
              Amarillo/Abilene,
                TX

            
	
              Arkansas
                Northwest

              Bentonville,
                AR

              Clarksville,
                AR

              Fayetteville,
                AR

              Forth
                Smith, AR

              Greenwood,
                AR

              Russellville,
                AR

              Siloam
                Springs, AR

            
	
              Columbia
                / Jefferson City, MO

            
	
              El
                Paso, TX / Albuquerque, NM

            
	
              Flagstaff,
                AZ

            
	
              Green
                Bay, WI

            
	
              Kansas
                Central

              Marion,
                IL

              Quincy,
                IL

              Emporia,
                KS

              Junction
                City, KS 

              Manhattan,
                KS

              McPherson,
                KS

              Salina,
                KS

              Cape
                Girardeau, MO

              Hannibal,
                MO

              Kirksville,
                MO

              Poplar
                Bluff, MO

              Sikeston,
                MO

            
	
              Laredo,
                TX

            
	
              Medford,
                OR

            

    

    
      
        
          

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            Confidential Information - RESTRICTED

          

          

        

        
        

      

      
        65

        
          

        

      

      
        
        

        
           

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            DALLAS 147515v9

        

      

    

    Schedule
      2.0 (continued)

    Sprint
      Service Provider Affiliate Markets

    Alamosa
      PCS (continued)

    
      	
              Market
                Description

            
	
              Missouri
                South

              Carbondale,
                IL

              Pittsburg,
                KS

              Aurora,
                MO

              Branson,
                MO

              Carbondale,
                MO

              Fort
                Leonard Wood, MO

              Joplin,
                MO

              Lebanon,
                MO

              Monett,
                MO

              Rolla,
                MO

              Springfield,
                MO

              West
                Plains, MO

            
	
              Oregon
                North / Washington South

              Bend,
                OR

              Hermiston,
                OR

              Hood
                River, OR

              Madras,
                OR

              Milton-Freewater,
                OR

              Pendleton,
                OR

              The
                Dalles, OR

              Cle
                Elum, WA

              Ellensburg,
                WA

              Ephrata,
                WA

              Kennewick,
                WA

              Moses
                Lake, WA

              Pasco,
                WA

              Prosser,
                WA

              Sunnyside,
                WA

              Walla
                Walla, WA

              Wenatchee,
                WA

              White
                Salmon, WA

              Yakima,
                WA

            
	
              Pueblo,
                CO

            
	
              Wichita
                Falls, TX / Stillwater, OK

            

    

    

    
      
        
          

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        66

        
          

        

      

      
        
        

        
           

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            DALLAS 147515v9

        

      

    

    Schedule
      2.0 (continued)

    Sprint
      Service Provider Affiliate Markets

    Enterprise
      Markets

    

    
      	
              Market
                Description

            
	
              Alabama
                East / Georgia West

              Opelika,
                AL

              Albany,
                GA

              Columbus,
                GA

              La
                Grange, GA

              Tifton,
                GA

            
	
              Alabama
                South

              Daleville,
                AL

              Dothan,
                AL

              Langdale,
                AL

            

    

    

    

    

    Schedule
      2.0 (continued)

    
      
        
          

          Sprint
            Confidential Information - RESTRICTED

          

          

        

        
        

      

      
        67

        
          

        

      

      
        
        

        
           

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            DALLAS 147515v9

        

      

    

    Sprint
      Service Provider Affiliate Markets

    iPCS

    

    
      	
              Market
                Description

            
	
              Cedar
                Rapids, IA

            
	
              Grand
                Island, IA

            
	
              Grand
                Rapids, MI

            
	
              Illinois
                North

              Bloomington,
                IL

              Champaign,
                IL

              Charleston,
                IL

              Danville,
                IL

              Decatur,
                IL

              Effingham,
                IL

              Galesburg,
                IL

              Kankakee,
                IL

              La
                Salle, IL

              Lincoln,
                IL

              Litchfield,
                IL

              Macomb,
                IL

              Mattoon,
                IL

              Mendota,
                IL

              Pekin,
                IL

              Peoria,
                IL

            
	
              Illinois
                South

              Jacksonville,
                IL

              Mount
                Vernon, IL

              Springfield,
                IL

              Taylorville,
                IL

              Vandalia,
                IL

            

    

    
      
        
          

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        68

        
          

        

      

      
        
        

        
           

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            DALLAS 147515v9

        

      

    

    Schedule
      2.0 (continued)

    Sprint
      Service Provider Affiliate Markets

    iPCS
      (continued)

    

    
      	
              Market
                Description

            
	
              Quad
                Cities

              Burlington,
                IA

              Clinton,
                IA

              Davenport,
                IA

              Dubuque,
                IA

              Fort
                Madison, IA

              Keokuk,
                IA

              Muscatine,
                IA

              Waterloo,
                IA

              Geneseo,
                IL

              Kewanee,
                IL

              Rock
                Island, IL

              Sterling,
                IL

            

    

    

    

    

    

    
      
        
          

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            DALLAS 147515v9

        

      

    

    Schedule
      2.0 (continued) 

     Sprint
      Service Provider Affiliate Markets -Northern PCS

    
      	
              Market
                Description

            
	
              Minnesota
                Central

              Alexandria,
                MN

              Bemidji,
                MN

              Brainerd,
                MN

              Detroit
                Lakes, MN

              Duluth,
                MN

              E
                Grand Forks, MN

              Fergus
                Falls, MN

              Grand
                Rapids, MN

              Hibbing,
                MN

              Hinckley,
                MN

              Hutchinson,
                MN

              Little
                Falls, MN

              Marshalltown,
                MN

              Moorhead,
                MN

              St.
                Cloud, MN

              Virginia,
                MN

              Wadena,
                MN

              Wahpeton,
                MN

              Wilmar,
                MN

              Zimmerman,
                MN

              Fargo,
                ND

              Grand
                Forks, ND

              Jamestown,
                ND

            
	
              Minnesota
                South

              Albert
                Lea, MN

              Austin,
                MN

              Fairbault,
                MN

              Fairmont,
                MN

              Mankato,
                MN

              Marshalltown,
                MN

              New
                Ulm, MN

              Owatonna,
                MN

              Red
                Wing, MN

              Rochester,
                MN

              Waseca,
                MN

              Worthington,
                MN

            

    

     

    Schedule
      2.0 (continued)

    
      
        
          

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            Confidential Information - RESTRICTED

          

          

        

        
        

      

      
        70

        
          

        

      

      
        
        

        
           

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            DALLAS 147515v9

        

      

    

    

    Sprint
      Service Provider Affiliate Markets

    Shentel

    
      	
              Market
                Description

            
	
              Hagerstown,
                MD

            
	
              York
                / Harrisburg, PA

            

    

    

    Swiftel
      Communications

    
      	
              Market
                Description

            
	
              Sioux
                City, IA

            
	
              Sioux
                Falls, SD

            

    

    

    Ubiquitel

    
      	
               

              Market
                Description

            
	
              Bowling
                Green, KY

            
	
              Evansville,
                IN

            
	
              Fresno,
                CA

            
	
              Jackson
                Hole, WY

            
	
              Logan,
                UT

            
	
              Reno,
                NV

            
	
              Spokane,
                WA

            
	
              Terra
                Haute, IN

            

    

    

    

    

    

    

    

    

    

      

    

    
      
        
          

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        62663.000000 DALLAS
          147515v9

      

    

    Exhibit
      A

    Form
      of Letter of Credit

     

    IRREVOCABLE
      STANDBY LETTER OF CREDIT

    _____________,
      2005

    Letter
      of
      Credit No. _____________

    Sprint
      Spectrum L.P.

    6180
      Sprint Parkway

    KSOPHH0316
      - 3A826

    Overland
      Park, KS 66251

    Attention:
      Michael Gardner

    Manager,
      Strategic Partners

    

    Re:
      Irrevocable Letter of Credit No. _____________

    Ladies
      and Gentlemen:

    At
      the
      request of and for the account of our customer _______________________
[Insert
      name of customer]
      (“Account Party”), we (“Bank”) hereby establish in your favor this Irrevocable
      Standby Letter of Credit No. _____________ (“Letter of Credit”). This Letter of
      Credit is issued to you in connection with the Private Label PCS Services
      Agreement (“Agreement”) between you and the Account Party dated ________, 2005.
      This Letter of Credit authorizes you to draw on Bank an amount not exceeding
      in
      the aggregate of U.S. $ ________ (“Stated Amount”). Partial drawings are
      permitted under this Letter of Credit.

     

    This
      Letter of Credit automatically terminates on the earliest to occur (“Expiration
      Date”) of the following:

     

    (i)
       _______________
      [insert
      a term that is two years after the Effective Date as defined in the
      Agreement],
      except
      that on each ________ [insert
      a date that is 30 days prior to the previously inserted day and month]
(“Renewal
      Date”) that date is automatically extended to ________________ [insert
      the same day and month of the first insertion]
      of the
      succeeding year, unless Bank has delivered to you at the address to which this
      Letter of Credit is addressed on or prior to the Renewal Date, a notice of
      non-renewal or non-replacement stating the expiration date of the Letter of
      Credit and Bank’s intention not to renew past that date (“Non-renewal
      Notice”);

     

    
      	 	
              (ii)

            	
              120
                days after the expiration of the applicable phase-out period under
                the
                Agreement; 

            

    

    
      
        
        

      

      
        72

        
          

        

      

      
        
        

        
           

          62663.000000
            DALLAS 147515v9

        

      

    

    or
      

    (iii)
       the
      day
      on which this Letter of Credit is surrendered by you to Bank.

     

    Subject
      to the other provisions of this Letter of Credit, you may obtain the funds
      available under this Letter of Credit by presentment to Bank of your sight
      draft
      drawn on Bank, marked “Drawn under Irrevocable Standby Letter of Credit No.
      _________ dated _____________”, dated within ______ days of your presentment to
      Bank and accompanied by the following documentation: 

     

    (i)
      in
      case of non-payment, a signed certificate by Sprint Spectrum L.P. dated within
      __________ days of your presentment to Bank (“Non-payment Certificate”) stating
      the following and accompanied by a copy of the applicable invoices:

    · a
      payment
      default has occurred under the Agreement; and

    · the
      invoices for services provided in the ordinary course of business accompanying
      the Certificate have been presented to the Account Party and have not been
      paid
      by the Account Party in full when due; and

    · a
      demand
      for payment of $_______ in immediately available funds is made, which amount
      does not exceed the unpaid portion of the invoices accompanying the
      Certificate

     

    (ii)
      in
      case of receipt by you from Bank of a Non-renewal Notice; a signed certificate
      by Sprint Spectrum L.P. dated within __________ days of your presentment to
      Bank
      (“Non-renewal Certificate”) stating the following and accompanied by a copy of
      the Non-Renewal Notice:

    · that
      you
      received from Bank a Non-Renewal Notice; and

    · a
      demand
      for payment of the Stated Amount minus any partial drawings that have not been
      replenished by Account Party.

     

    This
      Letter of Credit is governed by and construed in accordance with the Uniform
      Customs and Practice for Documentary Credits (1993 Revision), International
      Chamber of Commerce Publication 500 (“UCP”), and, to the extent not inconsistent
      therewith, the laws of the State of Kansas. Notwithstanding anything to the
      contrary in Article 45 of the UCP, this Letter of Credit remains in full force
      and effect until it expires in accordance with its terms.

     

    Your
      sight draft accompanied by the Non-payment Certificate or the Non-renewal
      Certificate and a copy of the applicable documentation presented on or before
      the Expiration Date and in compliance with the terms and conditions of this
      Letter of Credit at Bank’s address at _________________ [Insert Bank address]
      will be honored by Banks’ payment to you in immediately available funds. If the
      required document is presented at Bank’s address before 1:00 p.m., ______ time,
      Bank’s payment will be made no later than 1:00 p.m., _____ time the next
      business day; otherwise payment will be made no later than 1:00 p.m.
      on the
      second following business day.

     

    Very
      Truly Yours

    ____________________

    a
      ________________

    

    By:
      _____________

    Name:
      ___________

    Its:
      ______________

     

     

    
      
        
        

      

      
        73Exhibit 10.5

    Exhibit
      10.5

    PURCHASE
      AND OPTION AGREEMENT

    THIS
      AGREEMENT made as of March 16, 2004.

    

    BETWEEN:

    

    QUANECO,
      L.L.C.,
      a
      limited liability company organized under the laws of the State of Oklahoma
      (hereinafter referred to as “Quaneco”)

    

    -
      and
      -

    

    FELLOWS
      ENERGY, LTD., a
      body
      corporate incorporated under the laws of the State of Colorado (hereinafter
      referred to as “Fellows Energy”)

    

    WHEREAS
      Quaneco has agreed to grant Fellows Energy the exclusive and irrevocable option
      to acquire a 65% interest in the Assets and Fellows Energy has agreed to pay
      Quaneco the Initial Payment and conduct certain work on the Option Lands to
      have
      the exclusive right to exercise the option to acquire an interest in the Assets
      for the consideration and in accordance with the terms and conditions set forth
      herein;

    

    NOW
      THEREFORE in consideration of the premises and the mutual covenants and
      agreements hereinafter set forth, the Parties agree as follows:

    

    ARTICLE
      I - INTERPRETATION

    

    1.1 Definitions

    

    In
      this
      Agreement including the recitals, and the Schedules, unless otherwise stated
      or
      unless the context otherwise requires, the following words and phrases will
      have
      the meanings hereby assigned to them:

    

    
      	
              a)

            	
              “Agreement”,
                “this
                Agreement”,
                “herein”,
                “hereby”,
                “hereto”
                and “hereof”
                and similar expressions mean and refer to this Agreement and includes
                any
                Schedules attached hereto and any agreement amending this Agreement
                or any
                agreement or instrument which is supplemental or ancillary hereto;
                and the
                expressions “Article”, “Paragraph” and “Subparagraph” followed by a number
                or letter or combination thereof, or “Schedule” followed by a letter, mean
                and refer to the specified Article, Paragraph, Subparagraph of, or
                Schedule to, this Agreement;

            

    

     

    
      	
              b)

            	
              “Assets”
                means an undivided sixty-five (65%) percent working interest and
                an
                undivided fifty-two (52%) percent net revenue interest in and to
                the
                Petroleum Rights, and an undivided sixty-five (65%) percent interest
                in
                the Tangibles and the Miscellaneous
                Interests;

            

    

    

    
      	
              c)

            	
              “Closing”
                means the delivery by Fellows Energy to Quaneco of the Initial Payment,
                the commitment by Fellows Energy to its share of the Phase One Drilling
                Program, and such other actions, all as further detailed in Paragraph
                3.1,
                occurring on the Closing Date, at the offices of Fellows Energy,
                Ltd. in
                Broomfield, Colorado;

            

    

    

    
      	
              d)

            	
              “Closing
                Conditions”
                means the conditions set out in Paragraph 3.2, which are for the
                sole
                benefit of Fellows Energy and which may be waived in whole or in
                part by
                Fellows Energy at any time on or before the Closing
                Date;

            

    

    

    
      	
              e)

            	
              “Closing
                Date”
                means the hour of 2:00 p.m. MST on March 16 , 2004, or such other
                time and
                date as may be agreed upon in writing by Quaneco and Fellows
                Energy;

            

    

     

    
 

    
      
        
        

      

      
        1

        
          

        

      

      
        
        

      

    

     

    
      	
              f)

            	
              “Dollars”
                or “$”
                means the official and legal currency of the United States of
                America;

            

    

    

    
      	
              g)

            	
              “Force
                Majeure”
                means any acts of God, including flood, fire, storms, lightning,
                landslides and earthquakes; any strikes, lockouts or other industrial
                disturbances; acts of war, blockades, insurrections, riots, arrests
                and
                restraints of rulers and peoples, civil disturbances and explosions;
                the
                binding order of any court or governmental authority; the issuance
                of a
                moratorium or significant restriction on drilling activity by any
                court or
                governmental authority; and any other cause, whether of the kind
                herein
                enumerated or otherwise, not within the control of the Party claiming
                suspension and which, by the exercise of due diligence, is unpreventable
                or incapable of being overcome. Lack of funds and economic hardship
                will
                not constitute Force Majeure;

            

    

     

    
      	
              h)

            	“Initial
              Payment”
              means the non-refundable payment, to be made by Fellows Energy to Quaneco
              at Closing, of Two Hundred Fifty Thousand and 00/100 Dollars
              ($250,000.00). 

    

     

    
      	
              i)

               

            	
              “Leases”
                means, collectively, any and all leases, and other documents of title
                including, without limitation, all agreements granting, reserving
                or
                otherwise conferring rights to explore for, drill for, produce, take,
                use,
                market, share in the production of or the proceeds from the sale
                of
                Petroleum Substances; and rights to acquire any of the foregoing
                rights;
                but only if the foregoing pertain in whole or in part to Petroleum
                Substances within, upon or under the Option Lands, including, without
                limitation, those leases set out in Schedule “A” under the heading
                “Leases”;

            

    

    

    
      	
              j)

            	
              “Miscellaneous
                Interests”
                means all right, title, estate and interest (whether absolute or
                contingent, legal or beneficial), of Quaneco in and to all property,
                assets and rights (other than the Petroleum Rights or Tangibles)
                pertaining to the Petroleum Rights or Tangibles including, without
                limitation:

            

    

    

    
      	 	
              (i)

            	
              all
                contracts, agreements, and documents relating to the Petroleum
                Rights;

            

    

    
      	 	
              (ii)

            	
              all
                surface leases, surface access right-of-way and damage agreements
                and any
                subsisting rights to enter upon, use or occupy the surface of any
                lands
                which are or may be used to gain access to or otherwise use the Petroleum
                Rights and/or the Tangibles;

            

    

    
      	 	
              (iii)

            	
              all
                Wells; and

            

    

    
      	 	
              (iv)

            	
              all
                well, pipeline and other permits, licenses and authorizations relating
                to
                the Petroleum Rights or the
                Tangibles;

            

    

    

    
      	
              k)

            	
              “Net
                Mineral Acre”
                means the full mineral interest in one (1) acre of Option Lands as
                set
                forth in Schedule “A”. Where consideration is expressed in this Agreement
                as being on the basis of dollars per Net Mineral Acre, such amount
                is
                based upon the number of Net Mineral Acres included in the Assets
                to be
                assigned to Fellows Energy pursuant to this
                Agreement;

            

    

    

    
      	
              l)

            	
              “Operating
                Agreement”
                means the American Association of Petroleum Landmen Model Form Operating
                Agreement (A.A.P.L. Form 610 - 1989 version), including the rates,
                elections and modifications contained therein, and incorporating
                the COPAS
                1995 Accounting Procedure, which will be attached as an exhibit to
                the
                Operating Agreement, including the rates, elections and modifications
                contained therein. The Operating Agreement rates, elections and
                modifications will be negotiated by Quaneco and Fellows Energy and
                added
                as an addendum to this Agreement prior to the Closing
                Date;

            

    

    

    
      	
              m)

            	
              “Option”
                means the exclusive and irrevocable option granted by Quaneco to
                Fellows
                Energy to acquire the Assets, exercisable in accordance with Paragraph
                4.1;

            

    

    

    
      	
              n)

            	
              “Option
                Lands”
                means the lands as described in Schedule “A”, together with the rights to
                explore for and recover the Petroleum Substances within, upon or
                under
                such lands, insofar only as such rights are granted by the
                Leases;

            

    

     

    
 

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

    

    
      	
              o)

            	
              “Option
                Period”
                means:

            

    

    

    
      	 	
              (i)

            	
              for
                Phase One of the Option Lands, as described in Schedule “A”, the period in
                time of six (6) months from the Closing Date, provided that if the
                Phase
                One Drilling Program is not completed within six (6) months from
                the
                Closing Date, due to delays caused by Force Majeure situations, the
                Option
                Period will be extended for a concurrent period of time equal to
                the
                period of time the Force Majeure situation existed;
                and

            

    

    
      	 	
              (ii)

            	
              for
                Phase Two of the Option Lands, as described in Schedule “A”, the period in
                time of twelve (12) months from the Closing Date provided that if
                the
                Phase Two Drilling Program is not completed within twelve (12) months
                from
                the Closing Date, due to delays caused by Force Majeure situations,
                the
                Option Period will be extended for a concurrent period of time equal
                to
                the period of time the Force Majeure situation
                existed;

            

    

    

    
      	
              p)

            	
              “Party”
                and “Parties”
                means the entity or entities, as the case may be, named in the first
                paragraph of this Agreement and any respective permitted successors
                or
                assigns;

            

    

     

    
      
        	
                q)

              	
                “Permitted
                  Encumbrances”
                  means:

              

      

      
 

    

    
      	 	
              (i)

            	
              liens
                for Taxes not at the time due or delinquent or the validity of which
                is
                being contested at the time in good faith by or on behalf of Quaneco,
                but
                only to the extent Quaneco, at its option, elects to indemnify Fellows
                Energy against such claims;

            

    

    
      	 	
              (ii)

            	
              builder’s,
                mechanic’s, laborer’s, carrier’s, warehouseman’s, materialman’s and
                similar liens being contested in good faith or not then delinquent,
                but
                only to the extent Quaneco, at its option, elects to indemnify Fellows
                Energy against such claims;

            

    

    
      	 	
              (iii)

            	
              easements,
                rights of way, servitudes or other similar rights in land which do
                not
                materially detract from the value of the land concerned or materially
                impair the use of the Assets affected
                thereby;

            

    

    
      	 	
              (iv)

            	
              rights
                of general application reserved to or vested in any governmental
                authority
                to levy Taxes on the Petroleum Substances or the income
                therefrom;

            

    

    
      	 	
              (v)

            	
              statutory
                exceptions to title, and the reservations, limitations, provisos
                and
                conditions in any original grants from the governments of the States
                of
                Utah or Wyoming or the United States of America of any of the mines
                and
                minerals within, upon or under the Option Lands;
                and

            

    

    
      	 	
              (vi)

            	
              lessor
                royalties, royalty burdens, liens, adverse claims, and other encumbrances
                (collectively the “Royalties” in this definition) set forth in Schedule
                “B” attached hereto or if such Royalties are not actually described,
                that
                total of such Royalties that result in Quaneco’s net revenue interest in
                the Leases equal eighty-percent (80%), as such net revenue interest
                is
                described under the heading “Lease NRI” in Schedule
                “A”;

            

    

    

    
      	
              r)

            	
              “Petroleum
                Rights”
                means all of Quaneco’s interest in and to the Leases, to the extent
                applicable to the Option Lands, as set forth in Schedule
                “A”;

            

    

    

    
      	
              s)

            	
              “Petroleum
                Substances”
                means any of crude oil, crude bitumen and products derived therefrom,
                synthetic crude oil, petroleum, natural gas, natural gas liquids,
                coalbed
                methane, and hydrocarbons related to any of the foregoing, to the
                extent
                granted by or under the Leases, insofar only as they pertain to the
                Option
                Lands;

            

    

    

    
      	
              t)

            	
              “Phase
                One Drilling Program”
                means the expenditure by Fellows Energy, after Closing, of approximately
                One Million Dollars ($1,000,000.00) to drill, test, complete, production
                test and shut-in or plug and abandon a minimum of five (5) core holes,
                the
                location and depth of the core holes to be mutually agreed to by
                the
                parties, on the Option Lands in the Prospect Area, as further detailed
                in
                Paragraph 3.3;

            

    

     

     

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

     

    
      
        	
                u)

              	
                "Phase
                  Two Drilling Program"
                  means the expenditures by Fellows Energy after the Phase One Drilling
                  Program of at least One Million Dollars ($1,000,000.00) to complete
                  a
                  pilot well program of Fellows Energy's design. 

              

      

    
      	
              v)

            	
              “Prospect
                Area”
                means the area containing the Option Lands and the area in which
                the
                Parties agree to jointly acquire lands, pursuant to the terms and
                conditions as set out in Article VII. The Prospect Area is identified
                in
                the map attached as Schedule “C”;

            

    

    

    
      	
              w)

            	
              “Purchase
                Price 1”
                means the consideration payable by Fellows Energy to Quaneco, if
                Fellows
                Energy exercises the Option on Phase I of the Option Lands, of $15
                per net
                mineral acre acquired of part or all of the Option Lands (maximum
                investment of 183,945 net mineral acres x 65% x $15 =
                $1,793,463.70);

            

    

    

    
      	
              x)

            	
              “Purchase
                Price 2”
                means the consideration payable by Fellows Energy to Quaneco, if
                Fellows
                Energy exercises the Option on Phase II of the Option Lands, of $35
                per
                net mineral acres of part or all of the Option Lands (maximum investment
                of 183,945 net mineral acres x 65% x $35 =
                $4,184,748.70);

            

    

    

    
      	
              y)

            	
              “Tangibles”
                means all of Quaneco’s interest in and to any and all tangible and
                depreciable property including, without limitation, all well equipment
                located on the wellsites of the Wells located on the Option
                Lands;

            

    

    

    
      	
              z)

            	
              “Taxes”
                means all taxes imposed at a federal, state, county or local level
                affecting or related to the Assets, including but not limited to
                any
                windfall profit taxes, excise taxes, ad valorem taxes, production
                taxes
                and severance taxes, including interest and penalties, if any, thereon
                (but exclusive of federal and state income taxes and franchise or
                other
                taxes imposed upon Quaneco and Fellows Energy) incurred or accruing
                after
                the Closing Date; and

            

    

    

    
      	
              aa)

            	
              “Wells”
                means all producing, suspended, shut-in, disposal or injection wells
                located on the Option Lands including, without limitation, the wells
                set
                forth and described in Schedule
“A”.

            

    

    

    1.2 Schedules

    

    There
      is
      appended to this Agreement the following Schedules:

    

    
      	
              a)

            	
              Schedule
                “A”, containing a description of the Option Lands, Leases, Permitted
                Encumbrances and the Wells;

            

    

    

    
      	
              b)

            	
              Schedule
                "B" containing a description of the Royalties that burden the Option
                Lands; 

            

    

    

    
      	
              c)

            	
              Schedule
                “C”, containing a map which identifies the Prospect Area;
                and

            

    

    

    
      	
              d)

            	
              Schedule
                “D”, describing the drilling and geological requirements for Fellows
                Energy’s operations during the Phase One Drilling
                Program.

            

    

    

    The
      Schedules are incorporated herein as though contained in the body hereof.
      Wherever any term or condition, express or implied of the Schedules conflict
      or
      are at variance with any term or condition in this Agreement, such term or
      condition of this Agreement will prevail.

    

    1.3 Applicable
      Law

    

    This
      Agreement will, in all respects, be subject to, construed and enforced in
      accordance with the laws of the State of Utah, without regard to principles
      of
      conflict of laws. Except with those matters which are the subject of arbitration
      as provided in Paragraph 9.7, the Parties do hereby irrevocably submit and
      attorn to the jurisdiction of the courts of the State of Utah for all other
      matters arising out of or in connection with this Agreement.

     

     

    
      
        
        

      

      
        4

        
          

        

      

      
        
        

      

    

     

    1.4 Successors
      and Assigns

    

    This
      Agreement will enure to the benefit of and be binding upon the respective
      successors and permitted assigns of the Parties, subject to compliance with
      the
      provisions of Paragraph 9.6.

    

    1.5 Interpretation

    

    
      	
              a)

            	
              Included
                Words:
                Words importing the singular number include the plural and vice versa
                and
                words importing gender include the masculine, feminine and neuter
                genders.

            

    

    

    
      	
              b)

            	
              Waiver
                and Amendment:
                No failure of any Party in exercising any right or remedy hereunder
                will
                operate as a waiver thereof, nor will any single or partial exercise
                of
                any such right or remedy preclude any other or further exercise thereof
                or
                the exercise of any right or remedy in law or in equity or by statute
                or
                otherwise conferred. No waiver or amendment of any provision of this
                Agreement will be effective unless waived or varied by an instrument
                in
                writing dated subsequent to the date hereof, executed by duly authorized
                representatives of all Parties.

            

    

     

    
      	
              c)

            	
              Time:
                Time will be of the essence of this
                Agreement.

            

    

     

    

    
      	
              d)

            	
              Entire
                Agreement:
                This Agreement constitutes the entire agreement of the Parties relative
                to
                the subject matter contained herein, and there are no oral or other
                representations or warranties connected with the subject matter hereof
                other than as are contained herein, except as and to the extent that
                any
                other agreement, document, or instrument, whether the whole or any
                terms
                thereof, may be incorporated herein by reference, or authorized,
                required
                or permitted by the terms hereof, or obligations contained therein
                may be
                assumed by any of the Parties or stated herein to be of continuing
                effect.
                Wherever any term or condition, express or implied of a document
                delivered
                in pursuance hereof conflicts or is at variance with any term or
                condition
                in this Agreement, such term or condition of this Agreement will
                prevail.
                Subject to the foregoing, this Agreement supercedes all prior agreements
                between the Parties relating to the subject matter contained
                herein.

            

    

    

    ARTICLE
      II - TITLE OBJECTIONS AND THIRD PARTY RIGHTS AND
      CONSENTS

    

    2.1 Title
      Review

    

    Prior
      to
      the Closing Date, Fellows Energy will review Quaneco's title to the Assets.
      In
      Fellows Energy’s review of Quaneco’s title to the Assets, if any encumbrance,
      encroachment, claim or defect is disclosed by Fellows Energy’s title opinions or
      by the title information provided by Quaneco to Fellows Energy, county records,
      Bureau of Land Management records, or any other source, other than Permitted
      Encumbrances, which in the opinion of Fellows Energy renders title to the Assets
      not good or marketable or which otherwise constitutes a breach of any warranty
      or representation of Quaneco herein pertaining to the Assets, and which Fellows
      Energy does not waive (all of which herein are called “Title Defects”), Fellows
      Energy will give written notice to Quaneco of such Title Defects not later
      than
      five (5) days prior to the Closing Date Such notice will include a description
      of each Title Defect and the Option Lands affected thereby. Quaneco will
      diligently make all reasonable efforts to cure or rectify all Title Defects,
      not
      later than three (3) days prior to the Closing Date.

    

    
      2.2 Cure

    

    

    If
      the
      Title Defects are not cured or removed to the satisfaction of Fellows Energy
      at
      least three (3) days prior to Closing, Fellows Energy may, as its sole remedy
      for such Title Defects, elect in writing to:

    

    
      
        
        

      

      
        5

        
          

        

      

      
        
        

      

    

    

    
      	
              a)

            	
              not
                close this Agreement, if the total of the Title Defects, which are
                not
                cured or removed to the satisfaction of Fellows Energy, affect more
                than
                fifteen (15%) percent of the
                Assets;

            

    

    

    
      	
              b)

            	
              grant
                a further period or periods of time, not to exceed fifteen (15) days,
                within which Quaneco will attempt to cure or remove the Title Defects,
                in
                which event the Closing Date will be deferred for a like
                period;

            

    

     

    
      
        	
                c)

              	
                waive
                  the uncured Title Defects;
                  or

              

      

    
      	
              d)

            	
              delete
                the affected Assets from this transaction and reduce the Purchase
                Price 1
                and/or Purchase Price 2, as the case may be, if Fellows Energy exercises
                the Option) accordingly, which remedy must be mutually agreed to
                by
                Quaneco and Fellows Energy.

            

    

     

    

    ARTICLE
      III - CLOSING AND PHASE ONE DRILLING PROGRAM

    

    3.1 Closing

    

    Subject
      to the Closing Conditions, at Closing, the following will occur, all of which
      will be deemed to have occurred simultaneously:

    

    
      	
              a)

            	
              Fellows
                Energy will deliver one hundred (100%) percent of the Initial Payment
                to
                Quaneco, on behalf of Fellows Energy, by wire transfer of funds to
                a bank
                and bank account of Quaneco’s
                choosing;

            

    

    

    
      	
              b)

            	
              Quaneco
                and Fellows Energy will execute, acknowledge and deliver a mutually
                agreeable memorandum of this Agreement, suitable for recording where
                appropriate, which will give notice of this Agreement and the rights
                of
                the Parties;

            

    

    

    
      	
              c)

            	
              Quaneco
                will execute and deliver to Fellows Energy a designation of operator
                or
                other documents that might be reasonably required to afford Fellows
                Energy
                access to the Option Lands and Leases in order to conduct the Phase
                One
                Drilling Program. 

            

    

    

    3.2 Closing
      Conditions

    

    The
      obligation of Fellows Energy to attend Closing, pay the Option Payment and
      commit to its share of the Phase One Drilling Program is subject to the
      following Closing Conditions:

    

    
      	
              a)

            	
              Fellows
                Energy will have done such due diligence regarding Quaneco's interest
                in
                and title to the Assets including, but not limited to, verification
                that
                the Parties comprising Quaneco collectively own a one hundred (100%)
                percent working interest in the Option Lands and the Leases, the
                Leases
                have a net revenue interest of not less than eighty (80%) percent
                and that
                Quaneco is capable of assigning the Assets to Fellows
                Energy;

            

    

    

    
      	
              b)

            	
              Fellows
                Energy will have the opportunity to review, and will be satisfied
                with,
                all agreements relating to Quaneco's interest in the
                Assets;

            

    

    

    
      	
              c)

            	
              At
                the Closing Date, Fellows Energy shall be designated as operator
                for the
                exploration, development and production of all coalbed methane on
                the
                Option Lands and within the Prospect
                Area;

            

    

    

    
      	
              d)

            	
              The
                Assets and the Prospect Area will not be subject to any contracts
                for the
                production, sale and transportation of petroleum
                substances.

            

    

    

    

    
      
        
        

      

      
        6

        
          

        

      

      
        
        

      

    

    
 

    3.3 Phase
      One Drilling Program

    

    Fellows
      Energy agrees to complete the Phase One Drilling Program during the initial
      six
      (6) months of the Option Period. The expenditure amount required by Fellows
      Energy in the Phase One Drilling Program will include all direct costs incurred
      by Fellows Energy’s staff or consultants (limited to ten (10%) percent of the
      total spent) to manage the Phase One Drilling Program, but will not include
      any
      of Fellows Energy’s overhead and managerial costs. All information, data,
      records and related materials from the Phase One Drilling Program activity
      will
      be the joint property of the Parties and Fellows Energy will provide such
      information to Quaneco as it is obtained In the event Fellows Energy does not
      elect to exercise the Purchase Price 1, then any costs incurred and paid by
      Fellows Energy in the Phase One Drilling Program, including any costs incurred
      in excess of the One Million Dollars ($1,000,000.00), will vest and inure to
      the
      sole benefit of Quaneco.

    

    

    3.4 Phase
      Two Drilling Program

    

    In
      the
      event that Fellows Energy elects to exercise Purchase Price 1, Fellows Energy
      agrees to complete the Phase Two Drilling Program during the initial twelve
      (12)
      months of the Option Period. The expenditure amount required by Fellows Energy
      in the Phase Two Drilling Program will include all direct costs incurred by
      Fellows Energy’s staff or consultants (limited to ten (10%) percent of the total
      spent) to manage the Phase Two Drilling Program, but will not include any of
      Fellows Energy’s overhead and managerial costs. All information, data, records
      and related materials from the Phase Two Drilling Program activity will be
      the
      joint property of the Parties and Fellows Energy will provide such information
      to Quaneco as it is obtained In the event Fellows Energy does not elect to
      exercise the Purchase Price 2, then any costs incurred and paid by Fellows
      Energy in the Phase Two Drilling Program, including any costs incurred in excess
      of the One Million Dollars ($1,000,000.00), will vest and inure to the sole
      benefit of Quaneco.

    

    

    3.5 Activity
      During Option Period

    

    
      	
              a)

            	
              During
                the Option Period, Fellows Energy will assume the responsibilities
                of
                operator, and conduct all operations consistent with its ultimate
                ownership interest as if it had exercised the Option.
                

            

    

    

    
      	
              b)

            	
              The
                Parties further agree that, after Fellows Energy’s payment of the Initial
                Payment to Quaneco at Closing, and during the Phase One and Phase
                Two
                Option Period, the ongoing operation of the Option Lands and Leases
                and
                relationship between the Parties in respect of the Option Lands and
                Leases
                and the Phase One and Phase Two Drilling Programs will be governed
                by this
                Agreement.

            

    

    

    
      	
              c)

            	
              All
                of Fellows Energy’s operations in the Phase One and Phase Two Drilling
                Programs will be conducted in a careful and workmanlike manner consistent
                with good oil field practices and in compliance with all applicable
                laws,
                rules and regulations, and in accordance with the drilling and geological
                requirements set out in Schedule “D”. Fellows Energy agrees to comply with
                and observe all of the terms and conditions of the Leases and amendments,
                addendums and exhibits thereto, covering the Option Lands. Fellows
                Energy
                agrees to indemnify and save Quaneco harmless from all claims, demands,
                losses, damages and liabilities resulting from or arising out of
                the
                violation of any such laws, rules and regulations or the breach of
                any
                provisions of such Leases, and agrees to defend any suit that may
                be
                brought and pay any judgment that may be rendered against Quaneco
                for any
                such breach or violation as a result of Fellows Energy’s operations in the
                Phase One and Phase Two Drilling
                Program.

            

    

    

    

    
      
        
        

      

      
        7

        
          

        

      

      
        
        

      

    

    

    

    ARTICLE
      IV - EXERCISE OF OPTION

    

    4.1 Exercise
      of the Option (s)

    

    
      	
              a)

            	
              On
                or before the end of the initial six month Option Period for the
                Option
                Lands, Fellows Energy may elect to exercise the Option to perform
                the
                Phase Two Drilling Program of the Option Lands. If Fellows Energy
                elects
                to exercise the Option to perform the Phase Two Drilling Program
                on the
                Option Lands, it must provide its election in writing to Quaneco
                and pay
                to Quaneco the Purchase Price 1. On or before the twelve (12) month
                Option
                Period on the Option Lands, Fellow Energy may elect to exercise the
                Purchase Price 2 to acquire the Assets in the Option Lands, it must
                provide its election in writing to Quaneco and pay to Quaneco the
                Purchase
                Price 2. Upon Fellows Energy electing to exercise the Option and
                concurrently with Fellows Energy paying the Purchase Price 2, Quaneco
                will
                deliver the assignments and other conveyances of the Assets in the
                Option
                Lands to Fellows Energy within ten business days, and Fellows Energy
                and
                Quaneco will thereafter participate in all future work on the Option
                Lands
                and Leases at their respective working interests, subject to the
                Operating
                Agreement, with Fellows Energy named as operator therein. In the
                event
                Fellows Energy does not elect to exercise the Option to pay Purchase
                Price
                2 and to acquire the Assets in the Option Lands, then Fellows Energy’s
                right to acquire the Assets will terminate, Fellows Energy will no
                longer
                be the operator of any of the Option Lands and the Option Payment
                and any
                other payments and all information from the Drilling Program will
                be
                retained by Quaneco.

            

    

    

    ARTICLE
      V - REPRESENTATIONS AND WARRANTIES

    

    5.1 Covenants,
      Representations and Warranties of Quaneco

    

    Fellows
      Energy acknowledges that the acquisition of the Assets is on an “as is, where
      is” basis, without representation and warranty and without reliance on any
      information provided to Fellows Energy by Quaneco or any third party, and
      Quaneco, where applicable and as the case may be, make the following
      representations and warranties to Fellows Energy in respect of the
      Assets:

    

    
      	
              a)

            	
              Quaneco
                is a valid and subsisting limited liability company and is validly
                existing under the laws of its jurisdiction of organization and the
                jurisdiction within which the Assets are located; and has all requisite
                power and authority to assign a proportionate interest in the Petroleum
                Rights, Tangibles and Miscellaneous Interests which together will
                comprise
                the Assets;

            

    

    

    
      	
              b)

            	
              the
                transactions contemplated in this Agreement have been duly and validly
                authorized and all documents and instruments contemplated in this
                Agreement, including this Agreement, have been duly and validly
                authorized, executed and delivered;

            

    

    

    
      	
              c)

            	
              the
                transactions contemplated in this Agreement will not violate, nor
                be in
                conflict with any provisions of Quaneco's constituting documents,
                by-laws
                or governing documents, or any agreement or contract or instrument
                to
                which it is a party or by which it is bound or any judgment, decree,
                order, statute, rule or regulations applicable to
                it;

            

    

    

    
      	
              d)

            	
              this
                Agreement, and all documents and instruments contemplated thereby,
                are
                legal, valid and binding obligations of Quaneco, enforceable against
                it in
                accordance with their respective
                terms;

            

    

    

    
      	
              e)

            	
              Quaneco
                has incurred no obligation or liability for broker’s or finder’s fees in
                respect of this Agreement, or the transactions contemplated hereby,
                for
                which Fellows Energy will have any obligation or
                liability;

            

    

    

    
      	
              f)

            	
              the
                Assets are free and clear of all mortgages, pledges, liens, charges,
                burdens and encumbrances (other than the Permitted Encumbrances)
                created
                by, through or under Quaneco, but, subject to the foregoing, Quaneco
                will
                not be bound to convey and does not warrant any better title to the
                Assets
                than it now has;

            

    

     

    
 

    
      
        
        

      

      
        8

        
          

        

      

      
        
        

      

    

     

    
      	
              g)

            	
              Quaneco
                has received no notice of default including, without limitation,
                a notice
                of work required to be done, under any agreement relating to the
                Assets to
                which it is a party or by which it is bound, or with respect to any
                statute, order, writ, injunction or decree of any governmental agency
                or
                of any court which might adversely affect the
                Assets;

            

    

    

    
      	
              h)

            	
              Quaneco
                has made or has caused to be made proper and timely payments of all
                royalties, bonus payments, option payments, rentals and deposits
                due under
                the Leases and has complied with, performed, observed and satisfied
                or has
                caused to be complied with, performed, observed and satisfied all
                material
                terms, conditions, obligations and liabilities which have arisen
                under any
                of the provisions of any of the Leases or any agreements or instruments
                or
                any statute, order, writ, injunction or decree of any governmental
                agency
                or of any court relating to the
                Assets;

            

    

    

    
      	
              i)

            	
              subject
                to the Permitted Encumbrances, Quaneco has done no act or suffered
                or
                permitted no action to be done whereby any individual or legal entity
                has
                acquired or may acquire any interest in or to the
                Assets;

            

    

    

    
      	
              j)

            	
              there
                are no existing or outstanding authorities for expenditures related
                to the
                Assets, nor any other financial commitments which are now outstanding
                or
                due, other than usual operating expenses incurred in the normal course
                of
                business;

            

    

    

    
      	
              k)

            	
              to
                the best of its knowledge, without having made any special
                inquiry, all
                Taxes that pertain to the Assets and that are due and payable by
                Quaneco
                have been properly paid;

            

    

    

    
      	
              l)

            	
              to
                the best of its knowledge, without having made any special inquiry,
                no
                suit, action or other proceeding is commenced, pending or threatened
                before any court or governmental agency or tribunal, which might
                have a
                material adverse affect on the
                Assets;

            

    

    

    
      	
              m)

            	
              subject
                to the rents, covenants, conditions and stipulations contained in
                the
                Leases, Fellows Energy may enter into and upon, hold and enjoy the
                Leases
                for the residue of their respective terms and all renewals or extensions
                of the Leases for its own use and benefit, without any lawful interruption
                by Quaneco or any individual or entity claiming, or to claim, by,
                through
                or under Quaneco, except pursuant to Permitted
                Encumbrances;

            

    

    

    

    These
      representations and warranties of Quaneco herein contained are true in all
      respects when made and additionally will be true on and as of the Closing Date.
      These covenants, representations and warranties will either be in or deemed
      to
      apply to the assignments and other conveyances described in Paragraph 3.1,
      and
      there will not be any merger of any covenant, representation or warranty in
      such
      assignments and other conveyances, any rule of law, equity or statute to the
      contrary notwithstanding, and all such covenants, representations and warranties
      will survive Closing for a period of twenty four (24) months.

    

    5.2 Covenants,
      Representations and Warranties of Fellows Energy

    

    Fellows
      Energy hereby covenants with, and represents and warrants to Quaneco in respect
      of the Assets, that:

    

    
      	
              a)

            	
              Fellows
                Energy is a valid and subsisting corporation and is validly existing
                under
                the laws of its jurisdiction of incorporation and the jurisdiction
                within
                which the Assets are located, and has all requisite power and authority
                to
                acquire the Assets;

            

    

     

    
 

    
      
        
        

      

      
        9

        
          

        

      

      
        
        

      

    

     

    
      	
              b)

            	
              the
                transactions contemplated in this Agreement have been duly and validly
                authorized and all documents and instruments contemplated in this
                Agreement, including this Agreement, have been duly and validly
                authorized, executed and delivered;

            

    

    

    
      	
              c)

            	
              the
                transactions contemplated in this Agreement will not violate, nor
                be in
                conflict with any provisions of Fellows Energy's constituting documents,
                by-laws or governing documents, or any agreement or contract or instrument
                to which it is a party or by which it is bound or any judgment, decree,
                order, statute, rule or regulations applicable to
                it;

            

    

    

    
      	
              d)

            	
              this
                Agreement, and all documents and instruments contemplated thereby,
                are
                legal, valid and binding obligations of Fellows Energy enforceable
                against
                it in accordance with their respective
                terms;

            

    

    

    
      	
              e)

            	
              Fellows
                Energy has incurred no obligation or liability for broker’s or finder’s
                fees in respect of this Agreement or the transactions contemplated
                hereby
                for which Quaneco will have any obligation or
                liability;

            

    

    

    
      	
              f)

            	
              Fellows
                Energy is acquiring the Assets as principal and not as an agent of
                a third
                party.

            

    

    

    These
      representations and warranties of Fellows Energy herein contained are true
      in
      all respects when made and additionally will be true on and as of the Closing
      Date. These covenants, representations and warranties will either be in or
      be
      deemed to apply to the assignments and other conveyances described in Paragraph
      3.1, and there will not be any merger of any covenant, representation or
      warranty in such assignments, any rule of law, equity or statute to the contrary
      notwithstanding and all such covenants, representations and warranties will
      survive Closing for a period of twenty four (24) months.

    

    

    ARTICLE
      VI - ADJUSTMENTS AND OPERATING MATTERS

    

    6.1 Adjustments

    

    Subject
      to all other provisions of this Agreement, there will be no adjustments of
      any
      kind and nature relating to the operation of the Assets as of the Closing Date,
      except that the Parties agree to the following:

    

    
      	
              a)

            	
              prior
                to the Closing Date, all benefits and obligations relating to the
                Assets,
                including bonus and option payments made to the lessors of the Leases,
                annual delay rentals and shut-in royalties required to continue the
                Leases, operating costs and expenses, and capital costs, will be
                paid by
                and be the sole responsibility of
                Quaneco;

            

    

    

    
      	
              b)

            	
              subsequent
                to the Closing Date and during the Option Period, all annual delay
                royalties and shut-in royalties required to continue the Leases will
                be
                shared as to Quaneco thirty-five percent (35%) and Fellows Energy
                sixty-five percent (65%) except to the extent that Fellows Energy
                elects
                not to exercise part or all of the Option in Phase I or Phase II
                of the
                Option Lands;

            

    

    

    
      	
              c)

            	
              subsequent
                to the Closing Date and during the Option Period, all option payments
                made
                to the lessors of the Leases and required to extend the term of the
                Leases, will be shared as to Quaneco thirty-five percent (35%) and
                Fellows
                Energy sixty-five percent (65%) except to the extent that Fellows
                Energy
                elects not to exercise part or all of the Option in Phase I or Phase
                II of
                the Option Lands; and

            

    

    

    6.2 Quaneco
      to Provide Notices to Fellows Energy

    

    Following
      the Closing, Quaneco will forthwith provide to Fellows Energy all notices,
      specific information and other documents in respect of the Assets which it
      receives and will respond to such notices, information and other documents
      pursuant to the written instructions of Fellows Energy, if received on a timely
      basis, provided that Quaneco may (but will not be obliged to) refuse to follow
      instructions which it reasonably believes to be unlawful or in conflict with
      an
      applicable contract or Lease.

     

     

    
      
        
        

      

      
        10

        
          

        

      

      
        
        

      

    

    6.3 Specific
      Conveyances of Government Leases

    

    With
      respect to those Leases issued by the government of the United States of America
      or agencies thereof, or by the State of Utah or agencies thereof, which require
      filing with and approval by the Bureau of Land Management or other agency of
      the
      United States of America, or by the appropriate agency by any state or local
      governmental authority or agency having jurisdiction thereof, (“Government
      Leases”), Quaneco will use its best efforts to assist and cooperate with Fellows
      Energy in obtaining the approval to the specific conveyance of the Assets from
      the agency having jurisdiction thereover. Any specific conveyances of Government
      Leases delivered to the Escrow Agent at Closing will:

    

    a) be
      executed, acknowledged and delivered to the Escrow Agent;

    

    
      	
              b)

            	
              be
                on forms agreed upon between Quaneco and Fellows Energy, or where
                appropriate, on forms prescribed or suggested by the agency having
                jurisdiction thereover;

            

    

    

    
      	
              c)

            	
              evidence
                the assignment of the Assets; and

            

    

    

    
      	
              d)

            	
              not
                modify any of the terms, covenants and warranties herein set forth
                (except
                to the extent the specific conveyance better describes the particular
                Lease and Option Lands).

            

    

    

    Each
      specific conveyance and this Agreement will, when taken together, be deemed
      to
      constitute but one assignment by Quaneco of the Assets as described in such
      specific conveyance.

    

    ARTICLE
      VII - AREA OF MUTUAL INTEREST

    

    
      	
              7.1

            	
              Area
                of Mutual Interest

            

    

    

    
      	
              a)

            	
              In
                this Article “mutual interest lands” means any leases, and any other
                documents of title including without limitation any agreements granting,
                reserving or otherwise conferring rights to explore for, drill for,
                produce, take, use, market, share in the production of or the proceeds
                from the sale of Petroleum Substances; any portion of which lie fifty
                (50%) percent or more within the Prospect
                Area.

            

    

    

    
      	
              b)

            	
              The
                provisions of this Article will exist from the date of this Agreement
                and
                remain in effect until twenty four (24) months after Fellows Energy
                exercises the Option to acquire the Assets in the Option Lands, or,
                in the
                event Fellows Energy does not exercise the Option and its right to
                acquire
                the Assets in the Option Lands is terminated or expires, then the
                provisions of this Article will no longer be in effect as of the
                date of
                such termination or expiration. 

            

    

    

    
      	
              c)

            	
              Each
                of the Parties represents and warrants that it is not a party to
                any
                agreement which predates this Agreement whereby it is obligated to
                offer
                an interest in any mutual interest lands to any third party, who
                is not a
                Party.

            

    

    

    
      	
              d)

            	
              For
                the purpose of this Article, only money consideration actually paid
                for an
                interest in any mutual interest lands will be reimbursed. If one
                of the
                Parties (“Acquiring Party”) acquires an interest in mutual interest lands,
                the Acquiring Party will forthwith give written notice to the other
                Parties together with all pertinent information with respect thereto.
                Each
                of the other Parties will have the option to acquire an interest
                from the
                Acquiring Party equal to their respective participating interest,
                exercisable by payment of the proportionate share of the costs of
                acquisition within sixty (60) days of

            

    

     

    
 

    
      
        
        

      

      
        11

        
          

        

      

      
        
        

      

    

    

    

    

    
      	 	
              receipt
                of notice of the acquisition. If the non-acquiring parties comprise
                more
                than one party and if one of the other parties does not exercise
                the
                option hereinbefore provided, the party (or parties) exercising the
                option
                will have a further option, exercisable by payment within twenty (20)
                days of notice thereof, to acquire from the Acquiring Party its
                proportionate share of the interest which was offered to the party
                which
                did not exercise the option in the original
                instance.

            

    

    

    
      	
              e)

            	
              In
                the event the consideration is the fulfillment of an obligation to
                earn an
                interest instead of money consideration, then the non-acquiring party
                may
                elect to participate for its proportionate share in fulfilling such
                obligation, to earn its proportionate share of the earnable interest.
                In
                the event the consideration is neither cash nor the fulfillment of
                an
                obligation the Acquiring Party will set out its bona fide estimate
                of the
                value in cash of the consideration and the non-acquiring party may
                acquire
                an interest as though that estimate were a cash consideration pursuant
                to
                Subparagraph 7.1(c). In case of dispute as to the reasonableness
                of the
                estimate the matter will be referred to arbitration, pursuant to
                the
                provisions of Paragraph 9.7.

            

    

    

    
      	
              f)

            	
              If
                any of the mutual interest lands are posted for public sale, the
                Parties
                will consult with a view to reaching an agreeable bid price for such
                lands
                and if agreement is reached Fellows Energy will make a bid therefore
                in
                the names and on behalf of all of the Parties. If agreement is not
                reached
                on a bid price by all of the Parties prior to forty-eight (48) hours
                before the time for submission of bids, each of the Parties may submit
                its
                own bid and may acquire an interest in the mutual interest lands
                for its
                own account and the provisions of Subparagraph 7.1(d) will not apply
                unless the party acquiring such lands does so at a price which differs
                by
                more than five (5%) percent from the price which such party
                had
                represented to the other parties as the price which such party would
                submit as a bid price, in which event such Acquiring Party must give
                the
                notice required under the provisions of Subparagraph
                7.1(d).

            

    

    

    
      	
              g)

            	
              With
                respect to any mutual interest lands in which all of the Parties
                acquire a
                working interest pursuant to this Article, the interests of the parties
                therein will forthwith become subject to the Operating Agreement,
                with
                Fellows Energy being appointed as operator and the interests of the
                Parties will be in accordance with the respective participating interests
                of the Parties, pursuant to Paragraph 3.5, subject to adjustments
                in
                accordance herewith.

            

    

    

    

    ARTICLE
      VIII - INDEMNITY

    

    8.1 Indemnity
      of Quaneco

    

    Quaneco
      will be liable to Fellows Energy, its officers, directors, employees, agents,
      successors or permitted assigns (herein referred to collectively as “Fellows
      Energy”) for and, in addition, will indemnify and save Fellows Energy harmless
      from and against all claims, liabilities, actions, proceedings, demands, losses,
      costs, damages and expenses whatsoever which may be brought against or suffered
      by Fellows Energy or which it may sustain, pay or incur, as a direct consequence
      of Quaneco’s breach of any of Quaneco’s representations or warranties contained
      in Paragraph 5.1. No claim may be made against Quaneco for such liability or
      indemnity or pursuant to or based in any way upon the provisions of this
      Paragraph 8.1 unless written notice thereof with reasonable particulars will
      have been provided by Fellows Energy to Quaneco within twenty four (24) months
      of the Closing Date. The indemnified Party hereunder will give the indemnifying
      Party prompt notice in writing of any claim to which this Paragraph 8.1 applies
      and afford the indemnifying Party the reasonable opportunity to pay, settle
      or
      contest the claim at its expense.

    

    8.2 Indemnity
      of Fellows Energy

    

    Fellows
      Energy will be liable to Quaneco, its officers, directors, employees, agents,
      successors or permitted assigns (herein referred to collectively as “Quaneco”)
      for and, in addition, will indemnify and save Quaneco harmless from and against
      all claims, liabilities, actions, proceedings, demands, losses, costs, damages
      and expenses whatsoever which may be brought against or suffered by Quaneco
      or
      which it may sustain, pay or incur, as a direct consequence of Fellows Energy’s
      breach of any of Fellows Energy’s representations or warranties contained in
      Paragraph 5.2. No claim may be made against Fellows Energy for such liability
      or
      indemnity or pursuant to or based in any way upon the provisions of this
      Paragraph 8.2 unless written notice thereof with reasonable particulars will
      have been provided by Fellows Energy to Quaneco within twenty four (24) months
      of the Closing Date. The indemnified Party hereunder will give the indemnifying
      Party prompt notice in writing of any claim to which this Paragraph 8.2 applies
      and afford the indemnifying Party the reasonable opportunity to pay, settle
      or
      contest the claim at its expense.

     

    
 

    
      
        
        

      

      
        12

        
          

        

      

      
        
        

      

    

     

    8.3 Non-Merger
      of Indemnities and Liabilities

    

    The
      liabilities and indemnities contained herein will be deemed to apply to, and
      will not merge in, all specific conveyances conveying the Assets to Fellows
      Energy or otherwise provided with respect to the transaction
      herein.

    

    ARTICLE
      IX - GENERAL

    

    9.1 Subrogation
      and Substitution

    

    Quaneco
      will convey, to the extent permitted, the Assets to Fellows Energy with full
      rights of substitution and subrogation of Fellows Energy in and to all
      covenants, representations and warranties by others heretofore given or made
      in
      respect of the Assets or any part thereof.

    

    9.2 Public
      Announcements

    

    There
      will be no public release of information of any kind by any of the Parties
      with
      respect to this Agreement, and the transactions herein provided for, unless
      mutually approved by the Parties, which approval will not be unreasonably
      withheld, or, if such release is required by the law, including necessary
      disclosure under the security laws, then each of the Parties will receive a
      copy
      of such release at least twenty four (24) hours prior to its
      dissemination.

    

    9.3 Confidential
      Information

    

    In
      the
      event Fellows Energy does not close the transaction consistent with this
      Agreement or chooses not to exercise the Option, Fellows Energy agrees to return
      all information of any kind obtained by it from Quaneco, and its agents and
      representatives, concerning the Assets or the Prospect Area, including
      proprietary data obtained from drilling and testing coalbed methane wells on
      the
      Option Lands (“Information”), and to keep any and all Information obtained by
      Fellows Energy or its agents and representatives confidential for a period
      of
      two (2) years from March 12, 2004. The Information obtained by Fellows Energy
      will not be considered confidential if:

    

    
      	
              a)

            	
              it
                obtained such Information from the public domain other than as a
                result of
                a disclosure by Fellows Energy, or one of its agents or
                representatives;

            

    

    

    
      	
              b)

            	
              such
                Information became available to Fellows Energy on a non-confidential
                basis
                from a source other than Quaneco, or one of its agents or representatives,
                where that source has represented to Fellows Energy it is entitled
                to
                disclose it; or

            

    

    

    
      	
              c)

            	
              such
                Information was known to Fellows Energy on a non-confidential basis
                prior
                to its disclosure to Fellows Energy by Quaneco, or one of its agents
                or
                representatives.

            

    

    

    

    
      
        
        

      

      
        13

        
          

        

      

      
        
        

      

    

     

    9.4 Severability

    

    If,
      and
      to the extent that, any court of competent jurisdiction determines that it
      is
      impossible to construe any provision of this Agreement and consequently holds
      that provision to be invalid, illegal or unenforceable, such holding will in
      no
      way affect the validity of the other provisions of this Agreement, which will
      remain in full force and effect.

    

    9.5 Further
      Assurances

    

    The
      Parties will, from time to time, on and after Closing, at the request of the
      other and without further consideration, execute and deliver all such other
      and
      additional instruments, notices, releases and other documents, and will do
      all
      such other acts and things as may be necessary to more fully assure the subject
      matter of this Agreement, including the acquisition by Fellows Energy of the
      Assets.

    

    9.6 Assignment

    

    Except
      in
      respect of an affiliate, none of the Parties will assign their rights and
      obligations under this Agreement without obtaining the prior written consent
      of
      the other Parties. Where the assigning party wishes to assign its rights and
      obligations to an affiliate, it will provide the other Parties with prior
      written notice of such assignment. For this Paragraph, affiliate means a
      company, partnership or other legal entity which owns, directly or indirectly,
      fifty (50%) percent or more of a Party.

    

    9.7 Arbitration

    

    The
      Parties hereby submit all controversies, claims and matters of difference in
      any
      way related to this Agreement or the performance or breach of the whole or
      any
      part hereof to arbitration to be conducted in English in Sheridan, Wyoming,
      U.S.A., according to the Wyoming Uniform Arbitration Act, ________ ss ___-__-___
      et
      seq
      (the
“Act”) and pursuant to the commercial rules and practices of the American
      Arbitration Association (“AAA”) from time to time in force, except that if such
      rules and practices will conflict with the Act or the Wyoming Rules of Civil
      Procedure relating thereto (“RCP”) or any other provision of the law of the
      State of Wyoming then in force, such rules and provisions will govern. In
      addition, the Act and the RCP will supplement the AAA rules where no conflict
      exists. Except as authorized hereunder, arbitration of any such controversy,
      claim or matter of difference will be a condition precedent to any legal action
      thereon. This submission and agreement to arbitration will be specifically
      enforceable in accordance with the Act. Awards will be final and binding on
      all
      parties to the extent and in the manner provided by the RCP. Any party may
      apply
      to the Wyoming District Court having jurisdiction, for an appropriate judgement
      entered thereon and execution issued therefor. At the election of any party,
      said award may also be filed, and judgement entered thereon and execution issued
      therefor, with the clerk of one or more other courts, in the United States
      of
      America, or elsewhere, having jurisdiction over the party against whom such
      an
      award is rendered or its property.

    

    9.8 No
      Partnership

    

    The
      Parties do not intend that this Agreement create (and it shall not be construed
      to create) a joint venture, mining partnership, partnership or any type of
      association. None of the Parties are authorized to act as agent or principal
      for
      another Party with respect to any matter except as specifically provided
      herein.

    

    9.9 Communications

    

    Any
      notice, direction or other instrument required or permitted to be given under
      this Agreement by the Quaneco to Fellows Energy or Fellows Energy to Quaneco
      must be in writing and must be given by delivering the same personally to the
      following addresses:

    

    a) if
      to
      Quaneco:

     

    
 

    
      
        
        

      

      
        14

        
          

        

      

      
        
        

      

       

       

       

      
        	 	
                Quaneco,
                  L.L.C. 

              	
                Quaneco,
                  L.L.C.

              
	 	
                35010
                  Chardon Road, Suite 200  

              	211 North Robinson
	 	
                Willoughby
                  Hills, OH 44094

              	
                One
                  Leadership Square, 12th
                  Floor 

              
	 	
              	
                Oklahoma
                  City, Oklahoma 73102 

              
	 	
                Attn: Mr.
                  Paul Mysyk

              	
                Attn:
                  Mr. Robert O’Bannon

              
	 	Fax:
                (440)
                954-5026	
                Fax:
                  (405) 235-4133 

              
	 	 	 
	b) 	if to Fellows Energy: 	 
	 	 	 
	 	
                Fellows
                  Energy  

              	 
	 	
                370
                  Interlocken Boulevard, Suite 400

              	 
	 	
                Broomfield,
                  CO 80021

              	 
	 	
                Attn:
                  George
                  S. Young

              	 
	 	
                Fax:

              	 

      

       

    

     

    

    A
      party
      may from time to time change its address for service herein by giving written
      notice to the other party. Any notice may be served by personal service upon
      a
      party or by instantaneous electronic means to the number for notice hereunder.
      Any notice given by service upon a party and any notice given by instantaneous
      electronic means will be deemed to be given to and received by the addressee
      on
      the day (except Saturdays, Sundays, statutory holidays and days which the
      offices of the addressee are closed for business) of service, provided it is
      received within regular business hours. Any notice received outside of regular
      business hours will be deemed received on the next regular business
      day.

    

    9.10 Counterpart
      Execution

    

    This
      Agreement may be executed in counterpart and the counterparts together will
      be
      effective and binding on the Parties as if the same copy of this Agreement
      was
      executed by the Parties in each other's presence. Delivery of an executed
      counterpart may be by facsimile, which facsimile will be replaced by the
      delivery of three (3) executed originals as soon after signing as reasonably
      possible.

    

    
      
        
        

      

      
        15

        
          

        

      

      
        
        

      

    

    

    IN
      WITNESS WHEREOF the Parties have executed this Agreement as of the day and
      year
      first above written.

     

     

    
      	
              QUANECO,
                L.L.C. 

            
	Per:
              /s/ Paul Mysyk
	
              

              Name:
                Paul Mysyk

            
	
              Title:
                Managing Member 

            

    

    

      
        	
                Per:
                  /s/
                  Harry Schumaker 

              
	
                
Name:
                Harry Schumaker
	
                Title:
                  Managing Member

              

      

    

     

    
      	FELLOWS
              ENERGY 
	Per:
              /s/ George S. Young
	
              

              Name:
                George S. Young

            
	
              Title:
                President 

            

    

     

    
 

    This
      is
      the counterpart execution page to a Purchase and Option Agreement for the
      Overthrust Prospect Area, Utah between Quaneco, L.L.C. and Fellows Energy,
      Ltd.,
      dated March 12, 2004.

    

    
      
        
        

      

      
        16

        
          

        

      

      
        
        

      

    

    

    This
      is Schedule “A” attached to a Purchase and Option Agreement for the Overthrust
      Prospect, Utah and Wyoming between Quaneco, L.L.C. and Fellows Energy, Ltd.,
      dated March 12, 2004.

    

    Option
      Lands

    Wells

    

    
      
        
        

      

       

      

        The
          percentages below do not reflect a 2% Overriding Royalty, proportionately
          reduced, to NERD Energy in the shallow depths only as defined by Lamberson's
          1982 "Overthrust Stratigraphic Column". All Royalty interest above an 80%
          NRI
          was assigned to Agents of Quaneco, LLC. This document is meant to reflect
          an 80%
          burden on leases in which Fellows Energy Ltd. is earning a 65% Working
          Interest
          with the resulting Net Revenue Interest being 52% for Fellows Energy Ltd.'s
          account.

         

        
          
            

              
                	
                        Lease
                          #

                      	
                         

                      	
                        Lessor

                      	
                        Lessee

                      	
                        Description

                      	
                        County

                      	
                        Date

                      	
                        Recording
                          Book

                      	
                        Page

                      	
                        Acres
                          Gross

                      	
                        Net

                      	
                        Terms

                      	
                        ORRI
                          ASSIGNMENT

                      	
                        PERCENTAGE

                      	
                        NRI
                          to Quaneco

                      
	
                        172-WY

                      	
                        008.0025

                      	
                        Wyoming
                          Bureau of Land Management

                        WYW-150907

                      	
                        Billy
                          Jim Palone

                      	
                        Township
                          18 North, Range 120 West, 6th P.M.

                        Section
                          1: Lots 5, 6, 7, 8, S2N2

                      	
                        Uinta

                      	
                        8/1/00

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Section
                          2: Lots 5, 6, 7, 8, S2N2, S2

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Section
                          18: Lots 5, 6, 7, 8, E2, E2W2

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Section
                          20: All

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Section
                          30: Lots 7, 8, 9, 10, E2NE, SE

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        2534.88

                      	
                        2534.88

                      	
                        10
                          yr, 1/8

                      	
                        TeSelle

                      	
                        1.5%
                          of 8/8ths

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Palone
                          GC-I

                      	
                        .03125%
                          of 8/8ths

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Palone
                          GC-II

                      	
                        .03125%
                          of 8/8ths

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Palone

                      	
                        0.4375%
                          of 8/8ths

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Quantum
                          Energy

                      	
                        0.740028%
                          of 8/8ths

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Quaneco
                          II

                      	
                        2.5%
                          of 8/8ths

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        82.25997200%

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      
	
                        173-WY

                      	
                        008.0026

                      	
                        Wyoming
                          Bureau of Land Management

                        WYW-150906

                      	
                        Billy
                          Jim Palone

                      	
                        Township
                          16 North, Range 120 West, 6th P.M.

                        Section
                          2: Lots 1, 2, 3, 4, S2N2, S2

                      	
                        Uinta

                      	
                        8/1/00

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        TeSelle
                          R101794 P378-386

                      	
                        .625%
                          of 8/8ths

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Section
                          10: All

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Palone
                          GC-I

                      	
                        .01302%
                          of 8/8ths

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Palone
                          GC-II

                      	
                        .01302%
                          of 8/8ths

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Palone

                      	
                        .182294%
                          of 8/8ths

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Quantum
                          Energy

                      	
                        0.740028%
                          of 8/8ths

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Quaneco
                          II

                      	
                        2.5%
                          of 8/8ths

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        1459.65

                      	
                        1459.65

                      	
                        10
                          yr, 1/8

                      	
                         

                      	
                         

                      	
                        83.42663800%

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      
	
                        174-WY

                      	
                        008.0058

                      	
                        State
                          of Wyoming

                        Lease
                          # 00-00405

                      	
                        Palone
                          Petroleum

                      	
                        Township
                          16 North, Range 120 West, 6th P.M.

                        Section
                          36: W2

                      	
                        Uinta

                      	
                        7/2/00

                      	
                         

                      	
                         

                      	
                        320

                      	
                        320

                      	
                        5
                          yr, 1/6

                      	
                        TeSelle
                          R101794 P378-386

                      	
                        .625%
                          of 8/8ths

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Palone
                          GC-I

                      	
                        .01302%
                          of 8/8ths

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Palone
                          GC-II

                      	
                        .01302%
                          of 8/8ths

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Palone

                      	
                        .182294%
                          of 8/8ths

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Quantum
                          Energy

                      	
                        0.740028%
                          of 8/8ths

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Quaneco
                          II

                      	
                        2.5%
                          of 8/8ths

                      	
                        79.25997100%

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      
	
                        176-WY

                      	
                        008.0166

                      	
                        Wyoming
                          Bureau of Land Management

                        WYW-137352

                      	
                        High
                          Plains

                        Associates

                      	
                        Township
                          16 North, Range 120 West, 6th P.M.

                        Section
                          12: All

                      	
                        Uinta

                      	
                        9/1/95

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        TeSelle
                          R101794 P378-386

                      	
                        .625%
                          of 8/8ths

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Section
                          14: All

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Palone
                          GC-I

                      	
                        .01302%
                          of 8/8ths

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Palone
                          GC-II

                      	
                        .01302%
                          of 8/8ths

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Palone

                      	
                        .182294%
                          of 8/8ths

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Quantum
                          Energy

                      	
                        0.740028%
                          of 8/8ths

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        1280

                      	
                        1280

                      	
                        10
                          yr, 1/8

                      	
                        Quaneco
                          II

                      	
                        2.5%
                          of 8/8ths

                      	
                        81.42663800%

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        NEED
                          ASSIGNMENT FROM HIGH PLAINS?

                      	
                         

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      
	
                        177-WY

                      	
                        008.0167

                      	
                        Wyoming
                          Bureau of Land Management

                        WYW-137255

                      	
                        High
                          Plains

                        Associates

                      	
                        Township
                          16 North, Range 120 West, 6th P.M. Section 4: Lots 1, 2,
                          3, 4, S2N2,
                          S2

                      	
                        Uinta

                      	
                        9/1/95

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        TeSelle
                          R101794 P378-386

                      	
                        .625%
                          of 8/8ths

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Section
                          6: Lots 3, 4, 5, 6, 7, S2NE, SENW, E2SW, SE

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Palone
                          GC-I

                      	
                        .01302%
                          of 8/8ths

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Section
                          18: Lots 1, 2, 3, 4, NE, E2NW

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Palone
                          GC-II

                      	
                        .01302%
                          of 8/8ths

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Palone

                      	
                        .182294%
                          of 8/8ths

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Quantum
                          Energy

                      	
                        0.740028%
                          of 8/8ths

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        1842.62

                      	
                        1842.62

                      	
                        10
                          yr, 1/8

                      	
                        Quaneco
                          II

                      	
                        2.5%
                          of 8/8ths

                      	
                        81.42663800%

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        NEED
                          ASSIGNMENT FROM HIGH PLAINS?

                      	
                         

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      
	
                        191-WY

                      	
                        008.0186

                      	
                        State
                          of Wyoming

                        Lease
                          # 00-00848

                      	
                        Palone
                          Petroleum

                      	
                        Township
                          15 North, Range 119 West, 6th P.M. Section 16: All

                      	
                        Uinta

                      	
                        12/2/00

                      	
                         

                      	
                         

                      	
                        640

                      	
                        640

                      	
                        5
                          yr, 1/6

                      	
                        TeSelle
                          R101794 P378-386

                      	
                        .625%
                          of 8/8ths

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Palone
                          GC-I

                      	
                        .01302%
                          of 8/8ths

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Palone
                          GC-II

                      	
                        .01302%
                          of 8/8ths

                      	
                         

                      
	
                         

                      	
                         

                      	
                        NO
                          ASSIGNMENT 

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Palone

                      	
                        .182294%
                          of 8/8ths

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Quantum
                          Energy

                      	
                        0.740028%
                          of 8/8ths

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Quaneco
                          II

                      	
                        2.5%
                          of 8/8ths

                      	
                        79.25997100%

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      
	
                        192-WY

                      	
                        008.0165

                      	
                        State
                          of Wyoming

                        Lease
                          # 00-645

                      	
                        Palone
                          Petroleum

                      	
                        Township
                          15 North, Range 120 West, 6th P.M. Section 36: All

                      	
                        Uinta

                      	
                        10/2/00

                      	
                         

                      	
                         

                      	
                        640

                      	
                        640

                      	
                        5
                          yr, 1/6

                      	
                        TeSelle
                          R101794 P378-386

                      	
                        .625%
                          of 8/8ths

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Palone
                          GC-I

                      	
                        .01302%
                          of 8/8ths

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Palone
                          GC-II

                      	
                        .01302%
                          of 8/8ths

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Palone

                      	
                        .182294%
                          of 8/8ths

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Quantum
                          Energy

                      	
                        0.740028%
                          of 8/8ths

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Quaneco
                          II

                      	
                        2.5%
                          of 8/8ths

                      	
                        79.25997100%

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      
	
                        194-WY

                         

                         

                         

                      	
                        008.0176

                        008.0177

                        008.0179

                        008.0189

                      	
                        George
                          Richard Sims, a/k/a Richard

                        Sims,
                          and Charlsie Stevens Sims,

                        a/k/a
                          Charlsie S. Sims, Husband and

                        wife,
                          as individuals; and Sims Ranch

                        Limited
                          Partnership, a Wyoming

                        limited
                          partnership, by George Richard

                        Sims,
                          General Partner

                      	
                        Billy
                          Jim Palone, d/b/a Palone Petroleum 

                      	
                        Township
                          16 North, Range 121 West, 6th P.M.

                        Section
                          2:  Lots 1, 2, S2NE, SE, Less & Except a tract in Said Lot 2,
                          described as follows: Beginning at the North quarter corner
                          of said
                          minutes 19 seconds East, 527.06 feet; thence South 29 degrees
                          19 minutes
                          31 seconds West, 608.55 feet; thence South 89 degrees 26
                          minutes 29
                          seconds West, 218.99 feet to the West line of said Lot
                          2; thence North 1
                          degree 4 minutes 57 seconds West, 531.01 feet, to point
                          of beginning, said
                          excepted tract containg 4.54 acres, more or less;

                      	
                        Uinta

                         

                         

                         

                      	
                        1/10/01

                         

                         

                         

                      	
                        746

                         

                         

                         

                      	
                        573

                         

                         

                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        TeSelle

                        Palone
                          GC-I

                        Palone
                          GC-II

                        Palone

                        Quantum
                          Energy

                        Quaneco
                          II

                      	
                        1.5%
                          of 8/8ths

                        .03125%
                          of 8/8ths

                        .03125%
                          of 8/8ths

                        .4375%
                          of 8/8ths

                        0.740028%
                          of 8/8ths

                        2.5%
                          of 8/8ths

                      	
                         

                        
                           

                           

                        

                         

                        82.25997200%

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Township
                          17 North, Range 120 West, 6th P.M.

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        3
                          yr, opt

                      	
                         

                      	
                         

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Section
                          20: SW

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        ext
                          4 yr

                      	
                         

                      	
                         

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Section
                          30: Lots 1, 2, 3, 4, E2W2, E2

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        1197.9

                      	
                        620.36

                      	
                        1/8
                          roy

                      	
                         

                      	
                         

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      
	
                        197-WY

                      	
                        008.0182

                      	
                        Jack
                          C. Sims and Lynda J. Sims,

                        individually
                          and as Trustees of the

                        Jack
                          C. Sims and Lynda J. Sims

                        Revocable
                          Trust dated January 4, 1994

                      	
                        Billy
                          Jim Palone, d/b/a

                        Palone
                          Petroleum

                      	
                        Township
                          15 North, Range 120 West, 6th P.M.

                        Section
                          22: N2NE

                         

                        Township
                          17 North, Range 120 West, 6th P.M.

                      	
                        Uinta

                      	
                        2/20/01

                      	
                        749

                      	
                        248

                      	
                         

                      	
                         

                      	
                         

                      	
                        TeSelle

                        Palone
                          GC-I

                        Palone
                          GC-II

                        Palone

                        Quantum
                          Energy

                        Quaneco
                          II

                      	
                        1.5%
                          of 8/8ths

                        .03125%
                          of 8/8ths

                        .03125%
                          of 8/8ths

                        .4375%
                          of 8/8ths

                        0.740028%
                          of 8/8ths

                        2.5%
                          of 8/8ths

                      	
                         

                         

                         

                         

                        82.25997200%

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Section
                          17: S2S2, NESE, E2NE, and those parts of the W2NE, NWSE
                          and N2SW described
                          as follows: Commencing
                          at the Northwest corner of said Section 17; thence South
                          0 degrees 44
                          minutes East along the West boundry line of said Section
                          17 a distance of
                          3888.2 feet to the point of beginning; thence North 71
                          degrees 54 minutes
                          East 2693.3 feet; thence North 30 degrees 15 minutes East
                          1155.9 feet;
                          thence North 15 degrees 25 minutes East 2098.0 feet to
                          a point on the
                          North line of said Section 17; thence East to the Northwest
                          corner of the
                          NENE of said Section 17; thence South along the quarter
                          quarter line to
                          the Northwest corner of the SESE of said Section 17; thence
                          West along the
                          quarter quarter line to the West line of said Section 17;
                          thence North
                          along the West boundry line of said Section 17 to the point
                          of beginning.
                          Total Section 17 lands containing 386.75 acres, more or
                          less;

                        Section
                          18: S2SE, and thos parts of the E2NE and NESE described
                          as follows:
                          Commencing at the Northeast corner of said Section 18;
                          thence North 89
                          degrees 58 minutes West along the North boundry line of
                          said Section 18 a
                          distance of 810 feet to the point of beginning; thence
                          South 1694 feet;
                          thence South 7 degrees 10 Minutes West 1421 feet; thence
                          South 52 degrees
                          53 minutes East 1300.6 feet to a point on the East boundry
                          line of said
                          Section 18; thence South along the East boundry of said
                          Section 18; to the
                          Northeast corner of the SESE of said Section 18; thence
                          West and along the
                          North boundry line of the SESE of said Section 18 to the
                          the Northwest
                          corner of said SESE; thence North along the quarter quarter
                          line to the
                          North boundry of said Section 18; thence East along the
                          North boundry line
                          of said Section 18 to the point of beginning. Total Section
                          18 lands
                          containing 126.53 acres, more or less;

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	 	 	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Section
                          19: E2E2, SWSE

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Section
                          20: Lots 1, 2, 3, 4

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Township
                          16 North, Range 121 West, 6th P.M.

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Section
                          12: SW, W2SE

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Section
                          25: S2S2SE

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        3
                          yr, opt

                      	
                         

                      	
                         

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Section
                          36: SENE, N2SE

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        1327.01

                      	
                        491.52

                      	
                        4
                          yr, 1/8

                      	
                         

                      	
                         

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      
	
                        198-WY

                      	
                        008.0178

                        008.0180

                      	
                        Aaron
                          R. Martin and Nancy H. Martin,

                        individually
                          and as Trustees of the

                        Aaron
                          & Nancy Martin Family Trust

                        dated
                          January 24, 1997

                      	
                        Billy
                          Jim Palone, d/b/a

                        Palone
                          Petroleum

                      	
                        Township
                          17 North, Range 120 West, 6th P.M.

                        Section
                          20: SW, less and except a tract of land described as follows:
                          Commencing
                          at the Southwest corner of said Section 20, thence North
                          0 degrees 18
                          minutes 02 seconds West, 618.95 feet along the West line
                          of said Section
                          to the point of beginning; thence North 0 degrees 18 minutes
                          02 seconds
                          West, 2027.62 feet along said West line to the West 1/4
                          corner of said
                          Section 20; thence North 89 degrees 54 minutes 38 seconds
                          East, 1607.03
                          feet along the North line of said Southwest 1/4; thence
                          South 33 degrees
                          10 minutes 04 seconds West, 2086.04 feet; thence South
                          58 degrees 02
                          minutes 29 seconds West, 536.44 feet to point of beginning;
                          said excepted
                          tract containing 42.804 acres, more or less;

                      	
                        Uinta

                      	
                        2/14/01

                      	
                        749

                      	
                        253

                      	
                         

                      	
                         

                      	
                         

                      	
                        TeSelle

                        Palone
                          GC-I

                        Palone
                          GC-II

                        Palone

                        Quantum
                          Energy

                        Quaneco
                          II

                      	
                        1.5%
                          of 8/8ths

                        .03125%
                          of 8/8ths

                        .03125%
                          of 8/8ths

                        .4375%
                          of 8/8ths

                        0.740028%
                          of 8/8ths

                        2.5%
                          of 8/8ths

                      	
                         

                         

                         

                         

                         

                        82.25997200%

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	 	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        3
                          yr, opt

                      	
                         

                      	
                         

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Section
                          30: Lots 1, 2, 3, 4, E2W2, E2

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        749.62

                      	
                        374.808

                      	
                        4
                          yr, 1/8

                      	
                         

                      	
                         

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      
	
                        199-WY-A

                      	
                        008.0185

                      	
                        Jessie
                          Marie Sims Barnes, a single woman

                      	
                        Billy
                          Jim Palone, d/b/a

                        Palone
                          Petroleum

                      	
                        Township
                          17 North, Range 120 West, 6th P.M.

                        Section
                          19: Lots 1, 2, 3, 4, E2W2, W2NE, NWSE

                      	
                        Uinta

                      	
                        2/14/01

                      	
                        749

                      	
                        251

                      	
                         

                      	
                         

                      	
                        3
                          yr, opt

                      	
                        TeSelle

                      	
                        1.5%
                          of 8/8ths

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	 	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Palone
                          GC-I

                      	
                        .03125%
                          of 8/8ths

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Palone
                          GC-II

                      	
                        .03125%
                          of 8/8ths

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Palone

                      	
                        .4375%
                          of 8/8ths

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        431.58

                      	
                        215.79

                      	
                        4
                          yr, 1/8

                      	
                        Quantum
                          Energy

                      	
                        0.740028%
                          of 8/8ths

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Quaneco
                          II

                      	
                        2.5%
                          of 8/8ths

                      	
                        82.25997200%

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      
	
                        199-WY-B

                      	
                        008.0184

                      	
                        Lucille
                          LaFern Sims Dunning, a widow

                      	
                        Billy
                          Jim Palone, d/b/a

                        Palone
                          Petroleum

                      	
                        Township
                          17 North, Range 120 West, 6th P.M.

                        Section
                          19: Lots 1, 2, 3, 4, E2W2, W2NE,

                      	
                        Uinta

                      	
                        2/14/01

                      	
                        749

                      	
                        249

                      	
                         

                      	
                         

                      	
                        3
                          yr, opt

                      	
                        TeSelle

                      	
                        1.5%
                          of 8/8ths

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Palone
                          GC-I

                      	
                        .03125%
                          of 8/8ths

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Palone
                          GC-II

                      	
                        .03125%
                          of 8/8ths

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        NWSE

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        431.58

                      	
                        215.79

                      	
                        4
                          yr, 1/8

                      	
                        Palone

                      	
                        .4375%
                          of 8/8ths

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Quantum
                          Energy

                      	
                        0.740028%
                          of 8/8ths

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Quaneco
                          II

                      	
                        2.5%
                          of 8/8ths

                      	
                        82.25997200%

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      
	
                        200-WY-A

                      	
                        008.0183

                      	
                        Skull
                          Valley Company, LTD., a Utah

                        limited
                          partnership, a/k/a Skull Valley

                        Company,
                          a utah limited partnership

                      	
                        Billy
                          Jim Palone, d/b/a

                        Palone
                          Petroleum

                      	
                        Township
                          15 North, Range 121 West, 6th P.M.

                        Section
                          3: Lots 1, 2, 3, 4

                        Section
                          11: W2

                      	
                        Uinta

                      	
                        3/20/01

                      	
                        746

                      	
                        568

                      	
                         

                      	
                         

                      	
                         

                      	
                        TeSelle

                      	
                        1.5%
                          of 8/8ths

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Section
                          23: W2

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Palone
                          GC-I

                      	
                        .03125%
                          of 8/8ths

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Palone
                          GC-II

                      	
                        .03125%
                          of 8/8ths

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Township
                          16 North, Range 121 West, 6th P.M.

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        3
                          yr, opt

                      	
                        Palone

                      	
                        .4375%
                          of 8/8ths

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Section
                          35: W2

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        1050.02

                      	
                        787.52

                      	
                        4
                          yr, 15%

                      	
                        Quantum
                          Energy

                      	
                        0.740028%
                          of 8/8ths

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Quaneco
                          II

                      	
                        2.5%
                          of 8/8ths

                      	
                        79.75997200%

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      
	
                        x

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Total

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      
	
                        200-WY-B

                      	
                         

                      	
                        Kavanagh
                          N.V., a Netherlands Antillas

                        Corporation

                      	
                        Billy
                          Jim Palone, d/b/a

                        Palone
                          Petroleum

                      	
                        Township
                          15 North, Range 121 West, 6th P.M.

                        Section
                          3: Lots 1, 2, 3, 4

                        Section
                          11: W2

                        Section
                          23: W2

                      	
                         

                      	
                        3/23/01,

                        eff
                          4/17/01

                      	
                        757

                      	
                        655

                      	
                         

                      	
                         

                      	
                         

                      	
                        TeSelle

                      	
                        1.5%
                          of 8/8ths

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	 	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Palone
                          GC-I

                      	
                        .03125%
                          of 8/8ths

                      	
                         

                      
	
                        NO
                          ASSIGNMENT

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Palone
                          GC-II

                      	
                        .03125%
                          of 8/8ths

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Township
                          16 North, Range 121 West, 6th P.M.

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        3
                          yr, opt

                      	
                        Palone

                      	
                        .4375%
                          of 8/8ths

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Section
                          35: W2

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        1050.02

                      	
                        131.25

                      	
                        4
                          yr, 15%

                      	
                        Quantum
                          Energy

                      	
                        0.740028%
                          of 8/8ths

                      	
                        79.75997200%

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Quaneco
                          II

                      	
                        2.5%
                          of 8/8ths

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      
	
                        217-WY

                      	
                         

                      	
                        Bureau
                          of Land Management

                        WYW-153675

                      	
                        Billy
                          Jim Palone

                      	
                        Township
                          17 North, Range 120 West, 6th PM,

                        Section
                          20: Lots 5-8

                      	
                        Unita

                      	
                        9/1/2001

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        TeSelle

                      	
                        1.5%
                          of 8/8ths

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Section
                          28: All

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Palone
                          GC-I

                      	
                        .03125%
                          of 8/8ths

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Section
                          32: Lots 1-5

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Palone
                          GC-II

                      	
                        .03125%
                          of 8/8ths

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Palone

                      	
                        .4375%
                          of 8/8ths

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Township
                          16 North, Range 121 West, 6th PM

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Quantum
                          Energy

                      	
                        0.740028%
                          of 8/8ths

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Section
                          2: Lots 4, SWNW, SW

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Quaneco
                          II

                      	
                        2.5%
                          of 8/8ths

                      	
                        82.25997200%

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Section
                          10: Lots 1-4

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Section
                          12: E2SE

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Section
                          14: W2, SE

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Township
                          17 North, Range 121 West, 6th PM

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        10
                          yr

                      	
                         

                      	
                         

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Section
                          24: Lots 5-12

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        2087.86

                      	
                        2087.86

                      	
                        1/8
                          roy

                      	
                         

                      	
                         

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      
	
                        Above
                          and beyond 180K

                      	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	
                        218-WY

                      	
                         

                      	
                        Bureau
                          of Land Management

                        WYW-153673

                      	
                        Billy
                          Jim Palone

                      	
                        Township
                          16 North, Range 120 West, 6th PM,

                        Section
                          8: All

                      	
                        Unita

                      	
                        9/1/01

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        TeSelle

                      	
                        1.5%
                          of 8/8ths

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Section
                          20: E2, E2W2

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Palone
                          GC-I

                      	
                        .03125%
                          of 8/8ths

                      	
                         

                      
	
                        NO
                          ASSIGNMENT

                      	
                         

                      	
                         

                      	
                         

                      	
                        Section
                          22: All

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Palone
                          GC-II

                      	
                        .03125%
                          of 8/8ths

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Section
                          28: N2N2, SENE, S2SW, SWSE,

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Palone

                      	
                        .4375%
                          of 8/8ths

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        NESW,
                          N2SE, SESE, Excl.

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        10
                          yr

                      	
                        Quantum
                          Energy

                      	
                        0.740028%
                          of 8/8ths

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        18.37
                          Ac in railroad right of way

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        2221.63

                      	
                        2221.63

                      	
                        1/8
                          roy

                      	
                        Quaneco
                          II

                      	
                        2.5%
                          of 8/8ths

                      	
                        82.25997200%

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      
	
                        241-WY

                      	
                         

                      	
                        Bureau
                          of Land Management

                        WYW-154704

                      	
                        Billy
                          Jim Palone

                      	
                        Township
                          15 North, Range 121 West, 6th PM

                        Section
                          10: Lots 1, 2, 3, 4

                      	
                        Uinta

                      	
                        12/1/01

                      	
                         

                      	
                         

                      	
                        90.32

                      	
                        90.32

                      	
                        10
                          yr

                        1/8
                          roy

                      	
                        TeSelle

                      	
                        1.5%
                          of 8/8ths

                      	
                        82.25997200%

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Palone
                          GC-I

                      	
                        .03125%
                          of 8/8ths

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Palone
                          GC-II

                      	
                        .03125%
                          of 8/8ths

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Palone

                      	
                        .4375%
                          of 8/8ths

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Quantum
                          Energy

                      	
                        0.740028%
                          of 8/8ths

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                        Quaneco
                          II

                      	
                        2.5%
                          of 8/8ths

                      	
                         

                      
	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      
	
                        NO
                          ASSIGNMENT

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      	
                         

                      
	 	 	
                        TOTAL
                          NET ACRES

                      	 	 	 	 	 	 	 	
                        15954

                      	 	 	 	 

              

              

            

          

           

          
            
              
              

            

            
              
              

              
                

              

            

            
              
              

            

          

        

      

       

      The
        percentages below do not reflect a 2% Overriding Royalty, proportionately
        reduced, to NERD Energy in the shallow depths only as defined by Lamberson's
        1982 "Overthrust Stratigraphic Column". All Royalty interest above an 80%
        NRI
        was assigned to Agents of Quaneco, LLC. This document is meant to reflect
        an 80%
        burden on leases in which Fellows Energy Ltd. is earning a 65% Working Interest
        with the resulting Net Revenue Interest being 52% for Fellows Energy Ltd.'s
        account.

      
        

        
          	
                  Lease
                    #

                	
                   

                	
                  Lessor

                	
                  Lessee

                	
                  Description

                	
                  County

                	
                  Date

                	
                  Recording
                    Book

                	
                  Page

                	
                  Acres
                    Gross

                	
                  Net

                	
                  Terms

                	
                  ORRI
                    ASSIGNMENT

                	
                  PERCENTAGE

                	
                  NRI
                    to Quaneco

                
	
                  100-UT

                	
                  008.0032

                	
                  George
                    E. Collard, Jr.

                	
                  Billy
                    Jim Palone, d/b/a Palone Petroleum

                	
                  Township
                    4 North, Range 6 East, S.L.M.

                  Section
                    28: S2NW, N2SW

                  Section
                    34: SENW, NESW, W2SE

                	
                  Summit

                	
                  1/17/00

                	
                  1323

                	
                  281

                	
                  320

                	
                  320

                	
                  3
                    yr, Opt

                  4
                    yr, 1/8

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  101-A-UT

                   

                   

                   

                   

                	
                  008.0037

                	
                  Ruth
                    H. O'Connor, f/k/a Ruth H. Jorgensen, and Vern F. Jorgensen as
                    Co-Trustees
                    of the Jorgensen Family Trust, dated 6/21/71

                   

                	
                  Billy
                    Jim Palone, d/b/a Palone Petroleum

                   

                   

                   

                	
                  Township
                    3 North, Range 6 East, S.L.M.

                  Section
                    2: Lots 1, 2, 3, 4, S2N2, S2

                  Section
                    4: SESW

                  Section
                    22: E2W2

                  Section
                    26: W2NW

                   

                  Township
                    4 North, Range 6 East, S.L.M.

                  Section
                    32: Lots 1, 2, 3, 4, S2N2, S2

                	
                  Summit

                   

                   

                   

                   

                	
                  1/22/00

                   

                   

                   

                   

                	
                  1323

                   

                   

                   

                   

                	
                  261

                   

                   

                   

                   

                	
                  1473.86

                	
                  741.43

                	
                  3yr,
                    Opt

                  4
                    yr, 1/8

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  101-B-UT

                   

                   

                   

                   

                	
                  008.0038

                	
                  Karl
                    G. Timpson and Pam Timpson, husband and wife

                   

                   

                   

                	
                  Billy
                    Jim Palone, d/b/a Palone Petroleum

                   

                   

                   

                	
                  Township
                    3 North, Range 6 East, S.L.M.

                  Section
                    2: Lots 1, 2, 3, 4, S2N2, S2

                  Section
                    4: SESW

                  Section
                    22: E2W2

                  Section
                    26: W2NW

                   

                  Township
                    4 North, Range 6 East, S.L.M.

                  Section
                    32: Lots 1, 2, 3, 4, S2N2, S2

                	
                  Summit

                   

                   

                   

                   

                	
                  1/28/00

                   

                   

                   

                   

                	
                  1323

                   

                   

                   

                   

                	
                  259

                   

                   

                   

                   

                	
                  1473.86

                	
                  61.04

                	
                  3
                    yr, Opt

                  4
                    yr, 1/8

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  101-C-UT

                   

                   

                   

                   

                	
                  008.0039

                	
                  Beth
                    M. Wilkins and Leland D. Wilkins, wife and husband

                   

                   

                   

                	
                  Billy
                    Jim Palone, d/b/a Palone Petroleum

                   

                   

                   

                	
                  Township
                    3 North, Range 6 East, S.L.M.

                  Section
                    2: Lots 1, 2, 3, 4, S2N2, S2

                  Section
                    4: SESW

                  Section
                    22: E2W2

                  Section
                    26: W2NW

                   

                  Township
                    4 North, Range 6 East, S.L.M.

                  Section
                    32: Lots 1, 2, 3, 4, S2N2, S2

                	
                  Summit

                   

                   

                   

                   

                	
                  1/28/00

                   

                   

                   

                   

                	
                  1323

                   

                   

                   

                   

                	
                  265

                   

                   

                   

                   

                	
                  1473.86

                	
                  183.11

                	
                  3
                    yr, Opt

                  4
                    yr, 1/8

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  101-D-UT

                   

                   

                   

                   

                	
                  008.0040

                	
                  Perry
                    L. Allred and Kaye Allred,

                  husband
                    and wife

                   

                   

                   

                	
                  Billy
                    Jim Palone, d/b/a Palone Petroleum

                   

                   

                   

                	
                  Township
                    3 North, Range 6 East, S.L.M.

                  Section
                    2: Lots 1, 2, 3, 4, S2N2, S2

                  Section
                    4: SESW

                  Section
                    22: E2W2

                  Section
                    26: W2NW

                   

                  Township
                    4 North, Range 6 East, S.L.M.

                  Section
                    32: Lots 1, 2, 3, 4, S2N2, S2

                	
                  Summit

                   

                   

                   

                   

                	
                  1/28/00

                   

                   

                   

                   

                	
                  1323

                   

                   

                   

                   

                	
                  263

                   

                   

                   

                   

                	
                  1473.86

                	
                  183.11

                	
                  3
                    yr, Opt

                  4
                    yr, 1/8

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  101-E-UT

                   

                   

                   

                   

                	
                  008.0041

                	
                  Mary
                    Timpson Smith and Morris Smith, wife and husband

                   

                   

                   

                	
                  Billy
                    Jim Palone, d/b/a Palone Petroleum

                   

                   

                   

                	
                  Township
                    3 North, Range 6 East, S.L.M.

                  Section
                    2: Lots 1, 2, 3, 4, S2N2, S2

                  Section
                    4: SESW

                  Section
                    22: E2W2

                  Section
                    26: W2NW

                   

                  Township
                    4 North, Range 6 East, S.L.M.

                  Section
                    32: Lots 1, 2, 3, 4, S2N2, S2

                	
                  Summit

                   

                   

                   

                   

                	
                  1/28/00

                   

                   

                   

                   

                	
                  1323

                   

                   

                   

                   

                	
                  267

                   

                   

                   

                   

                	
                  1473.86

                	
                  61.04

                	
                  3
                    yr, Opt

                  4
                    yr, 1/8

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  101-G-UT

                   

                   

                   

                   

                	
                  008.0042

                	
                  Chauncey
                    C. Riddle and Bertha A. Riddle, Trustees of the Chauncey C. Riddle
                    Family
                    Living Trust, dated May 26, 1988

                   

                	
                  Billy
                    Jim Palone, d/b/a Palone Petroleum

                   

                   

                   

                	
                  Township
                    3 North, Range 6 East, S.L.M.

                  Section
                    2: Lots 1, 2, 3, 4, S2N2, S2

                  Section
                    4: SESW

                  Section
                    22: E2W2

                  Section
                    26: W2NW

                   

                  Township
                    4 North, Range 6 East, S.L.M.

                  Section
                    32: Lots 1, 2, 3, 4, S2N2, S2

                	
                  Summit

                   

                   

                   

                   

                	
                  1/28/00

                   

                   

                   

                   

                	
                  1323

                   

                   

                   

                   

                	
                  269

                   

                   

                   

                   

                	
                  1473.86

                	
                  183.11

                	
                  3
                    yr, Opt

                  4
                    yr, 1/8

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  102-UT

                	
                  008.0007

                	
                  Edwin
                    L. Judd and Edmeresa O. Judd, husband and wife

                	
                  Billy
                    Jim Palone, d/b/a Palone Petroleum

                	
                  Township
                    3 North, Range 5 East, S.L.M.

                  Section
                    16: All

                  Section
                    22: S2SE

                  Section
                    28: S2NE, SE, SESW

                	
                  Summit

                	
                  2/3/00

                	
                  1323

                	
                  285

                	
                  1000

                	
                  560

                	
                  3
                    yr, Opt

                  4
                    yr, 1/8

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  103-UT

                	
                  008.0036

                	
                  Robert
                    Michael Richins and Wendy Dahl Richins, husband and wife

                	
                  Billy
                    Jim Palone, d/b/a Palone Petroleum

                	
                  Township
                    2 North, Range 5 East, S.L.M.

                  Section
                    2: Lot 3, SENW, SW

                  Section
                    11: NWNW

                	
                  Summit

                	
                  1/27/00

                	
                  1323

                	
                  283

                	
                  282.09

                	
                  282.09

                	
                  3
                    yr, Opt

                  4
                    yr, 1/8

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  104-A-UT

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  008.0045

                	
                  Thomas
                    V. Boyer, Successor Trustee of the Joseph Lavern Boyer Family
                    Living
                    Trust, dated October 13, 1982

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  Billy
                    Jim Palone, d/b/a Palone Petroleum

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  Township
                    3 North, Range 5 East, S.L.M.

                  Section
                    36: All

                   

                  Township
                    3 North, Range 6 East, S.L.M.

                  Section
                    16: All

                  Section
                    25: S2S2

                  Section
                    32: All

                  Section
                    36: N2N2

                   

                  Township
                    3 North, Range 7 East, S.L.M.

                  Section
                    16: Lots 1, 2, and all of lot 3 less

                  and
                    excep

                	
                  Summit

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  2/22/00

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  1323

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  271

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  2330.77

                	
                  388.46

                	
                  3
                    yr, Opt

                  4
                    yr, 1/8

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  105-UT

                   

                	
                  008.0132

                	
                  Utah
                    Bureau of Land Management

                  UTU-78765

                	
                  Billy
                    Jim Palone

                   

                	
                  Township
                    1 North, Range 6 East, S.L.M.

                  Section
                    20: N2, N2SW, SWSW, NESE,

                  S2SE

                  Section
                    30: Lots 1, 2, 3, 4, NE, E2W2,

                  NESE,
                    S2SE

                	
                  Summit

                   

                	
                  3/1/00

                   

                	
                   

                	
                   

                	
                  1117

                	
                  1117

                	
                  10
                    yr, 1/8

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  104-B-UT

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  008.0046

                	
                  Helen
                    W. Boyer, sole remaining Trustee of the L. E. Boyer and Helen
                    W. Boyer
                    Revocable Trust, dated June 14, 1988

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  Billy
                    Jim Palone, d/b/a Palone Petroleum

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  Township
                    3 North, Range 5 East, S.L.M.

                  Section
                    36: All

                   

                  Township
                    3 North, Range 6 East, S.L.M.

                  Section
                    16: All

                  Section
                    25: S2S2

                  Section
                    32: All

                  Section
                    36: N2N2

                   

                  Township
                    3 North, Range 7 East, S.L.M.

                  Section
                    16: Lots 1, 2, and all of lot 3 less

                  and
                    excep

                	
                  Summit

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  3/11/00

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  1323

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  273

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  2330.77

                	
                  388.46

                	
                  3
                    yr, Opt

                  4
                    yr, 1/8

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  104-C-UT

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  008.0047

                	
                  Paul
                    W. Nielson, as Trustee of the Woodrow Nielson and Leah B. Nielson
                    Revocable Trust

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  Billy
                    Jim Palone, d/b/a Palone Petroleum

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  Township
                    3 North, Range 5 East, S.L.M.

                  Section
                    36: All

                   

                  Township
                    3 North, Range 6 East, S.L.M.

                  Section
                    16: All

                  Section
                    25: S2S2

                  Section
                    32: All

                  Section
                    36: N2N2

                   

                  Township
                    3 North, Range 7 East, S.L.M.

                  Section
                    16: Lots 1, 2, and all of lot 3 less

                  and
                    excep

                	
                  Summit

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  3/11/00

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  1323

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  275

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  2330.77

                	
                  388.46

                	
                  3
                    yr, Opt

                  4
                    yr, 1/8

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  104-D-A-UT

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  008.0050

                	
                  William
                    Leo Boyer and Lawrence Irwin Boyer, as Trustees of the William
                    Leo Boyer
                    Trust, dated January 25, 1995

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  Billy
                    Jim Palone, d/b/a Palone Petroleum

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  Township
                    3 North, Range 5 East, S.L.M.

                  Section
                    36: All

                   

                  Township
                    3 North, Range 6 East, S.L.M.

                  Section
                    16: All

                  Section
                    25: S2S2

                  Section
                    26: S2NE, NESW, NWNE

                  Section
                    32: All

                  Section
                    36: N2N2

                   

                  Township
                    3 North, Range 7 East, S.L.M.

                  Section
                    16: Lots 1, 2, an

                	
                  Summit

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  3/11/00

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  1323

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  277

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  2490.77

                	
                  274.23

                	
                  3
                    yr, Opt

                  4
                    yr, 1/8

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                  008.0048

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  104-E-B-UT

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  008.0051

                	
                  Kenneth
                    Cordell Boyer, sole remaining Trustee of the Lorene B. Boyer
                    Trust, dated
                    January 25, 1995

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  Billy
                    Jim Palone, d/b/a Palone Petroleum

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  Township
                    3 North, Range 5 East, S.L.M.

                  Section
                    36: All

                   

                  Township
                    3 North, Range 6 East, S.L.M.

                  Section
                    16: All

                  Section
                    25: S2S2

                  Section
                    26: S2NE, NESW, NWNE

                  Section
                    32: All

                  Section
                    36: N2N2

                   

                  Township
                    3 North, Range 7 East, S.L.M.

                  Section
                    16: Lots 1, 2, an

                	
                  Summit

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  3/11/00

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  1323

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  279

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  2490.77

                	
                  274.23

                	
                  3
                    yr, Opt

                  4
                    yr, 1/8

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                  008.0049

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  106-UT

                	
                  008.0008

                	
                  Samuel
                    L. Bolinder and Kathleen J. Bolinder, individually and as Trustees
                    of the
                    Samuel L. Bolinder and Kathleen J. Bolinder Revocable
                    Trust

                	
                  Billy
                    Jim Palone, d/b/a Palone Petroleum

                	
                  Township
                    3 North, Range 5 East, S.L.M.

                  Section
                    16: N2, SW

                	
                  Summit

                	
                  2/15/00

                	
                  1323

                	
                  287

                	
                  480

                	
                  120

                	
                  3
                    yr, Opt

                  4
                    yr, 1/8

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                  DON’T
                    HAVE TITLE WORK OR NOTES

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  107-UT

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  008.0044

                	
                  Francis
                    Minerals Limited Partnership, a Utah Limited Partnership

                	
                  Billy
                    Jim Palone, d/b/a Palone Petroleum

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  Township
                    9 North, Range 8 East, S.L.M.

                  Section
                    8: S2

                  Section
                    9: Lots 1, 2, 3, 4, W2W2

                  Section
                    16: Lots 1, 2, 3, 4, W2W2

                  Section
                    17: All

                  Section
                    20: Beginning at the NE corner of

                  said
                    section 20, thence running West

                  5286.60
                    feet to the NW corner 

                	
                  Rich

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  3/17/00

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  Rich

                  P8

                   

                  Uinta

                  735

                	
                   

                  21

                   

                   

                  1

                	
                   

                	
                   

                	
                   

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Township
                    18 North, Range 120 West, 6th PM

                  Resurvey
                    Tract 38

                  Originally
                    described as: Section 30: Lots

                  1,
                    2, E2NW

                   

                  Township
                    18 North, Ranges 120 and 121

                  West,
                    6th PM

                  Resurvey
                    Tract 39

                  Originally
                    described as:

                  Township
                    18 North, Range 121

                	
                  Uinta,
                    WY

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                   

                	
                   

                	
                   

                	
                  2409.77

                	
                  2409.77

                	
                  3
                    yr, 1/8

                  opt
                    4yr

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  108-UT

                	
                  008.0043

                	
                  George
                    O. Frazier, a/k/a George Frazier, and Catherine M. Frazier, husband
                    and
                    wife

                	
                  Billy
                    Jim Palone, d/b/a Palone Petroleum

                	
                  Township
                    9 North, Range 7 East, S.L.M.

                  Section
                    8: NWSE, S2NESE, NWNESE, and the following two tracts:

                  Tract
                    1: Commencing 40 rods South of the Northeast Corner of the Southeast
                    Quarter of said Section 8, running thence North 100 feet, thence
                    West 660
                    feet

                	
                  Rich

                   

                	
                  3/17/00

                   

                	
                  P8

                   

                	
                  16

                   

                	
                   

                	
                   

                	
                   

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Excepted
                    Tract 2: Commencing 776 feet West of the Northeast Corner of
                    the Southeast
                    Quarter of said Section 8, running thence West 425 feet, thence
                    South 360
                    feet, thence East 425 feet, thence North 360 feet to the place
                    of
                    beginning, containing 3.51 acre

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    17: N2N2NENE, W2NE, NW, LESS AND EXCEPT the following tract:
                    Commencing at
                    the Northwest Corner of said Section 17; running thence South
                    64.5 rods to
                    the center line of the County Road; thence on the center line
                    of said
                    County Road, North 61 degre

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    18: S2NE, SE, and the following tract: Commencing at the Southeast
                    Corner
                    of the Southwest Quarter of said Section 18, thence West 69 rods,
                    thence
                    North 240 rods, thence East 69 rods, thence South 240 rods, to
                    the point
                    beginning, said tract conta

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Township
                    9 North, Range 8 East, S.L.M.

                  Section
                    19: Lots 1(40.24), 2(40.08), 3(39.94),

                  4(39.94),
                    E2W2, E2

                  Section
                    20: Commencing at the Southeast Corner of said Section 20, thence
                    West
                    5,286.60 feet to the Southwest Corner of said Section

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  109-UT

                	
                  008.0129

                	
                  Utah
                    Bureau of Land Management

                  UTU-78766

                	
                  Billy
                    Jim Palone

                	
                  Township
                    7 North, Range 8 East, S.L.M. Section 4: Lots 1, 2, 3, 4

                  Section
                    6: Lots 5, 6, 7, S2NE, SENW,

                  E2SW,
                    SE

                	
                  Rich

                	
                  3/1/00

                	
                   

                	
                   

                	
                  668.53

                	
                  668.53

                	
                  10
                    yr

                  1/8

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  110-UT

                	
                  008.0130

                	
                  Utah
                    Bureau of Land Management

                  UTU-78767

                	
                  Billy
                    Jim Palone

                	
                  Township
                    2 North, Range 6 East, S.L.M.

                  Section
                    4: Lots 1, 2, S2NE

                  Section
                    8: S2NE, NWNW, E2SW, SE

                  Section
                    18: Lots 1, 2, 3, 4, E2W2, E2

                	
                  Summit

                	
                  3/1/00

                	
                   

                	
                   

                	
                  1160.2

                	
                  1160.2

                	
                  10
                    yr

                  1/8

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  111-UT

                   

                   

                   

                   

                   

                   

                	
                  008.0001

                	
                  State
                    of Utah

                  Mineral
                    Lease # 48443

                   

                   

                   

                   

                   

                	
                  Billy
                    Jim Palone

                   

                   

                   

                   

                   

                   

                	
                  Township
                    1 North, Range 4 East, S.L.M.

                  Section
                    8: Lots 1, 2, 3, 4, W2SW, SESW,

                  NWSE,
                    SESE

                  Section
                    12: Lots 1, 2, W2NE, W2SW

                  Section
                    18: Lots 1, 2, 4, 5, 6, 7, 8, 10, 11,

                  12,
                    N2NE, SENE, NESE, SWSE

                  Section
                    20: N2NE, SEN

                	
                  Morgan

                   

                  Summit

                  Morgan

                   

                  Morgan
                    & Summit

                   

                  Summit

                  Summit

                	
                  2/9/00

                   

                   

                   

                   

                   

                   

                	
                   

                	
                   

                	
                  2143.01

                	
                  2143.01

                	
                  10
                    yr

                  1/8

                  eff
                    3/1/00

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  112-UT

                	
                  008.0002

                	
                  State
                    of Utah

                  Mineral
                    Lease # 48444

                	
                  Billy
                    Jim Palone

                	
                  Township
                    1 North, Range 5 East, S.L.M.

                  Section
                    12: SENE, NESW

                	
                  Summit

                	
                  2/9/00

                	
                   

                	
                   

                	
                  80

                	
                  80

                	
                  10
                    yr 1/8

                  eff
                    3/1/00

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  113-UT

                   

                   

                   

                   

                	
                  008.0003

                	
                  State
                    of Utah

                  Mineral
                    Lease # 48445

                   

                   

                   

                	
                  Billy
                    Jim Palone

                   

                   

                   

                   

                	
                  Township
                    2 North, Range 4 East, S.L.M.

                  Section
                    6: Lots 3, 4, 5, SESW, SE

                  Section
                    18: Lots 1, 11

                  Section
                    20: Lots 2, 3, 12

                  Section
                    22: W2W2, SESE

                  Section
                    24: Lots 15, 16

                  Section
                    26: SENE

                  Section
                    34: SWNE, SENW, E2SW, W2SE

                	
                  Morgan

                  Morgan

                  Morgan

                  Summit

                  Summit

                  Summit

                  Morgan
                    & Summit

                	
                  2/9/00

                   

                   

                   

                   

                	
                   

                	
                   

                	
                  1023.87

                	
                  1023.87

                	
                  10
                    yr

                  1/8

                  eff
                    3/1/00

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  114-UT

                	
                  008.0148

                	
                  State
                    of Utah

                  Mineral
                    Lease # 48446

                	
                  Billy
                    Jim Palone

                	
                  Township
                    2 North, Range 5 East, S.L.M.

                  Section
                    16: NWSE

                  Section
                    18: E2NE, NESE

                  Section
                    30: Lot 2

                	
                  Summit

                	
                  2/9/00

                	
                   

                	
                   

                	
                  199.24

                	
                  199.24

                	
                  10
                    yr

                  1/8

                  eff
                    3/1/00

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  115-UT

                	
                  008.0149

                	
                  State
                    of Utah

                  Mineral
                    Lease # 48447

                	
                  Billy
                    Jim Palone

                	
                  Township
                    2 North, Range 6 East, S.L.M.

                  Section
                    16: NWNW, NESW, SWSW

                	
                  Summit

                	
                  2/9/00

                	
                   

                	
                   

                	
                  120

                	
                  120

                	
                  10
                    yr 1/8

                  eff
                    3/1/00

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  116-UT

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  008.0150

                	
                  State
                    of Utah

                  Mineral
                    Lease # 48448

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  Billy
                    Jim Palone

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  Township
                    3 North, Range 5 East, S.L.M.

                  Section
                    4: Lots 2, 4, SWSE, S2NW, SW,

                  N2SE,
                    SWSE

                  Section
                    6: Lots 1, 3, 5, 7, S2NE, SENW,

                  E2SW,
                    SE

                  Section
                    8: SWNE, SENW, NESW, NWSE

                  Section
                    24: SENE, SE

                  Section
                    30: SWNE, SEN

                	
                  Summit

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  2/9/00

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                   

                	
                   

                	
                  1367.42

                	
                  1367.42

                	
                  10
                    yr

                  1/8

                  eff
                    3/1/00

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  117-UT

                   

                	
                  008.0152

                	
                  State
                    of Utah

                  Mineral
                    Lease # 48449

                	
                  Billy
                    Jim Palone

                   

                	
                  Township
                    3 North, Range 6 East, S.L.M.

                  Section
                    4: Lot 3, SENW, SESE

                  Section
                    10: SENE, NW, W2SE

                  Section
                    14: NWNE

                  Section
                    30: W2NE, NESW, NWSE

                	
                  Summit

                   

                	
                  2/9/00

                   

                	
                   

                	
                   

                	
                  599.09

                	
                  599.09

                	
                  10
                    yr

                  1/8

                  eff
                    3/1/00

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  118-UT

                	
                  008.0153

                	
                  State
                    of Utah

                  Mineral
                    Lease # 48450

                	
                  Billy
                    Jim Palone

                	
                  Township
                    4 North, Range 5 East, S.L.M.

                  Section
                    30: Lots 1, 2, 3, 4, N2NE, SWNE,

                  E2W2,
                    SE

                	
                  Summit

                	
                  2/9/00

                	
                   

                	
                   

                	
                  539.44

                	
                  539.44

                	
                  10
                    yr

                  1/8

                  eff
                    3/1/00

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  119-UT

                	
                  008.0154

                	
                  State
                    of Utah

                  Mineral
                    Lease # 48451

                	
                  Billy
                    Jim Palone

                	
                  Township
                    4 North, Range 6 East, S.L.M.

                  Section
                    22: SW

                  Section
                    28: NE, NESE

                	
                  Summit

                	
                  2/9/00

                	
                   

                	
                   

                	
                  360

                	
                  360

                	
                  10
                    yr

                  1/8

                  eff
                    3/1/00

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  120-UT

                   

                	
                  008.0155

                	
                  State
                    of Utah

                  Mineral
                    Lease # 48452

                	
                  Billy
                    Jim Palone

                   

                	
                  Township
                    5 North, Range 6 East, S.L.M.

                  Section
                    6: Lots 1, 2, 3, 4, 6, 7, SENE,

                  SENW,
                    SESW, NESE, S2SE

                  Section
                    14: NENE, SWNE, SESW, NWSE

                  Section
                    16: All

                	
                  Morgan

                   

                  Morgan
                    & Summit

                  Morgan

                	
                  2/9/00

                   

                	
                   

                	
                   

                	
                  1280.01

                	
                  1280.01

                	
                  10
                    yr

                  1/8

                  eff
                    3/1/00

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  121-UT

                	
                  008.0156

                	
                  State
                    of Utah

                  Mineral
                    Lease # 48453

                	
                  Billy
                    Jim Palone

                	
                  Township
                    7 North, Range 7 East, S.L.M.

                  Section
                    2: S2NE, S2

                  Section
                    16: N2, SW, E2SE

                  Section
                    36: All

                	
                  Rich

                	
                  2/9/00

                	
                   

                	
                   

                	
                  1600

                	
                  1600

                	
                  10
                    yr

                  1/8

                  eff
                    3/1/00

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  122-UT

                	
                  008.0157

                	
                  State
                    of Utah

                  Mineral
                    Lease # 48454

                	
                  Billy
                    Jim Palone

                	
                  Township
                    8 North, Range 7 East, S.L.M.

                  Section
                    2: Lots 1, 2, 3, S2N2, S2

                  Section
                    6: Lot 5

                  Section
                    12: All

                	
                  Rich

                	
                  2/9/00

                	
                   

                	
                   

                	
                  1243.46

                	
                  1243.46

                	
                  10
                    yr

                  1/8

                  eff
                    3/1/00

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  123-UT

                	
                  008.0158

                	
                  State
                    of Utah

                  Mineral
                    Lease # 48455

                	
                  Billy
                    Jim Palone

                	
                  Township
                    8 North, Range 7 East, S.L.M.

                  Section
                    16: E2, E2W2

                  Section
                    24: All

                  Section
                    32: E2, E2W2

                	
                  Rich

                	
                  2/9/00

                	
                   

                	
                   

                	
                  1600

                	
                  1600

                	
                  10
                    yr

                  1/8

                  eff
                    3/1/00

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  124-UT

                	
                  008.0159

                	
                  State
                    of Utah

                  Mineral
                    Lease # 48456

                	
                  Billy
                    Jim Palone

                	
                  Township
                    8 North, Range 8 East, S.L.M.

                  Section
                    16: Lots 1, 2, 3, 4

                  Section
                    32: All

                	
                  Rich

                	
                  2/9/00

                	
                   

                	
                   

                	
                  811.62

                	
                  811.62

                	
                  10
                    yr

                  1/8

                  eff
                    3/1/00

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  125-UT

                	
                  008.0160

                	
                  State
                    of Utah

                  Mineral
                    Lease # 48457

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  Billy
                    Jim Palone

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  Township
                    9 North, Range 7 East, S.L.M.

                  Section
                    2: Lots 3, 4, 5, 6, 7, SENE, E2SE

                  Section
                    8: SW, S2SE

                  Section
                    12: Lots 1, 2, N2NE

                  Section
                    17: Commencing at the Northwest

                  corner
                    of Section 17 and running thence

                  South
                    sixty four and one-half 

                	
                  Rich

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  2/9/00

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                   

                	
                   

                	
                  2263.81

                	
                  2263.81

                	
                  10
                    yr

                  1/8

                  eff
                    3/1/00

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  126-UT

                	
                  008.0161

                	
                  State
                    of Utah

                  Mineral
                    Lease # 48458

                	
                  Billy
                    Jim Palone

                	
                  Township
                    9 North, Range 8 East, S.L.M.

                  Section
                    32: All

                	
                  Rich

                	
                  2/9/00

                	
                   

                	
                   

                	
                  679.04

                	
                  679.04

                	
                  10
                    yr 1/8

                  eff
                    3/1/00

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  127-UT

                   

                   

                	
                  008.0162

                	
                  State
                    of Utah

                  Mineral
                    Lease # 48459

                   

                	
                  Billy
                    Jim Palone

                   

                   

                	
                  Township
                    10 North, Range 7 East, S.L.M.

                  Section
                    2: Lots 1, 2, 3, 4, 5, 6, 7, S2NE,

                  SENW,
                    E2SW, SE

                  Section
                    7: SENE

                  Section
                    32: All

                  Section
                    36: All

                	
                  Rich

                   

                   

                	
                  2/9/00

                   

                   

                	
                   

                	
                   

                	
                  1966.32

                	
                  1966.32

                	
                  10
                    yr

                  1/8

                  eff
                    3/1/00

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  128-UT

                	
                  008.0163

                	
                  State
                    of Utah

                  Mineral
                    Lease # 48460

                	
                  Billy
                    Jim Palone

                	
                  Township
                    10 North, Range 8 East, S.L.M.

                  Section
                    16: Lots 1, 2, 3, 4, W2W2

                  Section
                    32: All

                	
                  Rich

                	
                  2/9/00

                	
                   

                	
                   

                	
                  853.28

                	
                  853.28

                	
                  10
                    yr

                  1/8

                  eff
                    3/1/00

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  129-UT

                	
                  Numerous

                	
                  Skull
                    Valley Company, LTD., a Utah

                	
                  Billy
                    Jim Palone, d/b/a

                	
                  Tract
                    No. 1

                	
                   

                	
                  3/3/00

                	
                  Summit

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                  Limited
                    Partnership, a/k/a Skull Valley

                	
                  Palone
                    Petroleum

                	
                  Township
                    9 North, Range 7 East, S.L.M.

                	
                  Rich

                	
                   

                	
                  1325

                	
                  908

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                  Company,
                    a Utah limited partnership

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                   

                	
                  Section
                    23: Commencing at the Southeast corner of Section 23, T9N, R7E,
                    SLM,running thence North 49 degrees 20 minutes West 1948 feet;
                    thenceNorth
                    62 degrees 31 minutes West 2642 feet; thence North 26degrees
                    35 minutes
                    West 3132 feet; thence West 67 feet 

                	
                   

                	
                   

                	
                  Rich

                  P8

                   

                  Morgan

                  M
                    160

                   

                   

                   

                   

                	
                  449

                   

                   

                  814

                   

                   

                   

                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    26: W2

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    27: All

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    34: E2, E2NW

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  79.75997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  130-UT

                	
                  Numerous

                	
                  Kavanagh
                    N.V., a Netherlands

                  Antilles
                    Corporation

                	
                  Billy
                    Jim Palone, d/b/a

                  Palone
                    Petroleum

                	
                  Tract
                    No. 1

                  Township
                    9 North, Range 7 East, S.L.M.

                	
                  Rich

                	
                  3/21/00

                	
                  Rich

                  P8

                	
                  11

                	
                   

                	
                   

                	
                   

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    26: W2

                  Section
                    27: All

                  Section
                    34: E2, E2NW

                  Section
                    35: All

                	
                   

                	
                   

                	
                  Morgan

                  M160

                	
                  428

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    36: Beginning at the Southwest corner of Section 36; thence North
                    2 3/4
                    degrees East 2698 feet; thence South 89 degrees East to the West
                    boundry
                    line of State Highway; thence South 32 degrees East along said
                    West line
                    3156 feet more or less, to a 

                	
                   

                	
                   

                	
                  Summit

                  1323

                   

                   

                   

                   

                	
                  289

                   

                   

                   

                   

                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Tract
                    No. 2

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Township
                    8 North, Range 7 East, S.L.M.

                	
                  Rich

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  79.75997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  131-UT

                	
                  008.0057

                	
                  United
                    Park City Mines, a DE corp.

                	
                  Billy
                    Jim Palone, d/b/a

                  Palone
                    Petroleum

                	
                  Township
                    2 North, Range 5 East, S.L.M.

                  Section
                    3: Lots 1, 2, 3, 4, S2N2, S2

                  Section
                    4: Lot 1, SENE, E2SE

                	
                  Summit

                	
                  5/23/00

                	
                  1331

                	
                  271

                	
                  811.27

                	
                  811.27

                	
                  3
                    yr, Opt

                  4
                    yr

                  1/8
                    roy

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  132-UT

                	
                  008.0128

                	
                  Joseph
                    S. Lesser, as Trustee of Trust

                  U/A
                    with Joseph E. Hotung dated

                  November
                    1, 1974

                	
                  Billy
                    Jim Palone, d/b/a

                  Palone
                    Petroleum

                	
                  Township
                    8 North, Range 7 East, S.L.M.

                  Section
                    13: All

                	
                  Rich

                	
                  3/21/00

                	
                  P8

                	
                  9

                	
                  640

                	
                  80

                	
                  3
                    yr, Opt

                  4
                    yr

                  15%
                    roy

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  79.75997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  133-UT

                	
                  Numerous

                	
                  Property
                    Reserve, Inc., f/k/a Deseret

                  Title
                    Holding Corporation

                	
                  Billy
                    Jim Palone, d/b/a

                  Palone
                    Petroleum

                	
                  Tract
                    No. 1

                  Township
                    9 North, Range 7 East, S.L.M.

                	
                  Rich

                	
                  6/21/00

                	
                  Rich

                  Q8

                	
                  261

                	
                   

                	
                   

                	
                   

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    26: W2

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    27: All

                	
                   

                	
                   

                	
                  Summit

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    34: E2, E2NW

                	
                   

                	
                   

                	
                  1331

                	
                  257

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    35: All

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    36: Beginning at the Southwest corner of Section 36; thence North2
                    3/4
                    degrees East 2698 feet; thence South 89 degrees East to

                  the
                    West boundry line of State Highway; thence South 32 degrees East
                    along
                    said West line 3156 feet more or less, to a p

                	
                   

                	
                   

                	
                  Morgan

                  M161

                   

                   

                   

                   

                	
                  720

                   

                   

                   

                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  79.75997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  134-UT

                	
                  008.0004

                	
                  Property
                    Reserve, Inc., f/k/a Deseret

                  Title
                    Holding Corporation

                	
                  Billy
                    Jim Palone, d/b/a

                  Palone
                    Petroleum

                	
                  Township
                    3 North, Range 5 East, S.L.M.

                  Section
                    16: All

                	
                  Summit

                	
                  6/21/00

                	
                  1331

                	
                  265

                	
                  640

                	
                  320

                	
                  3
                    yr opt 4

                  1/6th
                    roy

                	
                  TeSelle

                	
                  .625%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .01302%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .01302%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .182294%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  79.25997100%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  135-UT

                	
                  008.0146

                	
                  Utah
                    Bureau of Land Management

                  UTU-78954

                	
                  Billy
                    Jim Palone

                	
                  Township
                    1 North, Range 4 East, S.L.M.

                  Section
                    12: E2SW

                	
                  Summit

                	
                  8/1/00

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    14: Lots 1, 2, NE, N2SE

                	
                  Summit

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    24: SWNE, NENW, W2W2, S2SE

                	
                  Summit

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    26: All

                	
                  Summit

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    30: Lots 1, 2, 3, 4, 6, 7, 8, 11, 12,

                  E2E2,
                    NWNE, NWSE

                	
                  Morgan
                    & Summit

                	
                   

                	
                   

                	
                   

                	
                  1959.06

                	
                  1959.06

                	
                  10
                    yr, 1/8

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  136-UT

                	
                  008.0147

                	
                  Utah
                    Bureau of Land Management

                  UTU-78955

                	
                  Billy
                    Jim Palone

                	
                  Township
                    2 North, Range 4 East, S.L.M.

                  Section
                    4: Lots 1, 2, 3, 4, 5, 6, 7, 8, 11, 12,

                	
                  Summit

                	
                  8/1/00

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  13,
                    14, 18, 19, 20, SW

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    8: S2N2, S2

                	
                  Morgan
                    & Summit

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    10: Lots 1, 2, 4, 5, 7, 8, 9, 10, 12, 13,

                  15,
                    16

                	
                  Summit

                	
                   

                	
                   

                	
                   

                	
                  1571.63

                	
                  1571.63

                	
                  10
                    yr, 1/8

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  137-UT

                	
                  008.0139

                	
                  Utah
                    Bureau of Land Management

                  UTU-78956

                	
                  Billy
                    Jim Palone

                	
                  Township
                    2 North, Range 4 East, S.L.M.

                  Section
                    14: N2, SW

                	
                  Summit

                	
                  8/1/00

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    20: Lots 1, 7, 8, 9, 10, 13, 14, 15, 16

                	
                  Morgan

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    22: NE, N2SE, SWSE

                	
                  Summit

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    26: SESW, NESE, S2SE

                	
                  Summit

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    30: Lots 2, 3, NENE, S2NE, NENW,

                  E2SW,
                    SE

                	
                  Morgan

                	
                   

                	
                   

                	
                   

                	
                  1748.72

                	
                  1748.72

                	
                  10
                    yr, 1/8

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  138-UT

                	
                  008.0140

                	
                  Utah
                    Bureau of Land Management

                  UTU-78957

                	
                  Billy
                    Jim Palone

                	
                  Township
                    3 North, Range 4 East, S.L.M.

                  Section
                    6: Lots 3, 4, 5, 6, 7

                	
                  Summit

                	
                  8/1/00

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    10: N2NE

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    12: All

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    14: N2NE, SENE

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  1022.73

                	
                  1022.73

                	
                  10
                    yr, 1/8

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  139-UT

                	
                  008.0141

                	
                  Utah
                    Bureau of Land Management

                  UTU-78958

                	
                  Billy
                    Jim Palone

                	
                  Township
                    3 North, Range 4 East, S.L.M.

                  Section
                    22: Lots 5, 6, NE, N2SE

                	
                  Summit

                	
                  8/1/00

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    26: All

                	
                  Summit

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    28: Lots 1, 2, 3, 4, NWNE, E2NW,

                  NESW

                	
                  Summit

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    30: E2SW

                	
                  Summit
                    & Morgan

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    34: Lots 2, 3, 4, W2E2, W2

                	
                  Summit

                	
                   

                	
                   

                	
                   

                	
                  1949.71

                	
                  1949.71

                	
                  10
                    yr, 1/8

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  140-UT

                	
                  008.0142

                	
                  Utah
                    Bureau of Land Management

                  UTU-78959

                	
                  Billy
                    Jim Palone

                	
                  Township
                    4 North, Range 4 East, S.L.M.

                  Section
                    4: Lots 2, 4, SWNW, W2SW, SESE

                	
                  Morgan

                	
                  8/1/00

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    6: Lots 1, 2, 3, S2NE, SENW,

                  E2SW,
                    SE

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    8: Lot 1, NE, NENW, NWSW,

                  SESW

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    10: NE, N2NW, S2

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    12: NE, W2NW, SW, W2SE, SESE

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  2115.65

                	
                  2115.65

                	
                  10
                    yr, 1/8

                	
                   

                	
                   

                	
                   

                
	
                  141-UT

                	
                  008.0143

                	
                  Utah
                    Bureau of Land Management

                  UTU-78960

                	
                  Billy
                    Jim Palone

                	
                  Township
                    4 North, Range 4 East, S.L.M.

                  Section
                    14: SESE

                	
                  Summit
                    & Morgan

                	
                  8/1/00

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    24: W2E2, W2

                	
                  Summit

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    26: Lot 1, NENE, W2E2, NW, N2SW,

                  SESW,
                    SESE

                	
                  Summit

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    34: N2N2, SESW, SE

                	
                  Summit

                	
                   

                	
                   

                	
                   

                	
                  1439.37

                	
                  1439.37

                	
                  10
                    yr, 1/8

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  142-UT

                	
                  008.0144

                	
                  Utah
                    Bureau of Land Management

                  UTU-78961

                	
                  Billy
                    Jim Palone

                	
                  Township
                    4 North, Range 4 East, S.L.M.

                  Section
                    18: All

                	
                  Morgan

                	
                  8/1/00

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    28: E2, E2W2

                	
                  Summit
                    & Morgan

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    30: Lots 2, 3, 4, 5, 6, 7, 8, NENE,

                  S2NE,
                    SENW, N2SE

                	
                  Summit
                    & Morgan

                	
                   

                	
                   

                	
                   

                	
                  1573.39

                	
                  1573.39

                	
                  10
                    yr, 1/8

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  143-UT

                	
                  008.0145

                	
                  Utah
                    Bureau of Land Management

                  UTU-78962

                	
                  Billy
                    Jim Palone

                	
                  Township
                    1 North, Range 5 East, S.L.M.

                  Section
                    6: Lots 1, 2, 3, 4, 5, 6, 7, S2NE,

                	
                  Summit

                	
                  8/1/00

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  SENW,
                    E2SW

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    18: Lots 1, 2, 3, N2NE, SENE,

                  E2W2,
                    SE

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  1043.36

                	
                  1043.36

                	
                  10
                    yr, 1/8

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  144-UT

                	
                  008.0133

                	
                  Utah
                    Bureau of Land Management

                  UTU-78963

                	
                  Billy
                    Jim Palone

                	
                  Township
                    2 North, Range 5 East, S.L.M.

                  Section
                    4: SENW, SWSE

                	
                  Summit

                	
                  8/1/00

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    14: W2, SE

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    22: E2NE, N2SE

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    24: NE, S2

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    26: Lots 1, 3, 4, 5, 6, E2E2

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    30: SE

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    34: S2N2, SE

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  2035.6

                	
                  2035.6

                	
                  10yr,
                    1/8

                	
                   

                	
                   

                	
                   

                
	
                  145-UT

                	
                  008.0134

                	
                  Utah
                    Bureau of Land Management

                  UTU-78964

                	
                  Billy
                    Jim Palone

                	
                  Township
                    3 North, Range 5 East, S.L.M.

                  Section
                    8: N2N2, SENE, SWNW, NWSW,

                	
                  Summit

                	
                  8/1/00

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  S2S2,
                    NESE

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    10: NENE, S2NE, S2

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    12: Lots 1, 2, 3, 4, NE, E2NW,

                  SW,
                    NWSE

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    18: Lots 1, 3, 5, 6, 7, 8, 9, SENW,

                  E2SW,
                    W2SE, SESE

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    20: S2NE, SENW, S2

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  2485.12

                	
                  2485.12

                	
                  10
                    yr, 1/8

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  146-UT

                	
                  008.0135

                	
                  Utah
                    Bureau of Land Management

                  UTU-78965

                	
                  Billy
                    Jim Palone

                	
                  Township
                    3 North, Range 5 East, S.L.M.

                  Section
                    14: All

                	
                  Summit

                	
                  8/1/00

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    22: Lots 1, 2, 3, 4, 5, 6, S2NW,

                  SW,
                    N2SE

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    28: N2N2, SENW

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    34: All

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  2044.88

                	
                  2044.88

                	
                  10
                    yr, 1/8

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  147-UT

                	
                  008.0136

                	
                  Utah
                    Bureau of Land Management

                  UTU-78966

                	
                  Billy
                    Jim Palone

                	
                  Township
                    4 North, Range 5 East, S.L.M.

                  Section
                    4: Lots 1, 2, 3, 4, S2N2

                	
                  Morgan

                	
                  8/1/00

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    6: Lots 1, 2, 3, 4, 5, 6, S2NE,

                  SENW,
                    NESW, N2SE

                	
                  Morgan

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    8: NENE, SWNE, W2NW, SENW,

                  SW,
                    S2SE

                	
                  Morgan

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    10: N2, SE

                	
                  Morgan
                    & Summit

                	
                   

                	
                   

                	
                   

                	
                  1638.1

                	
                  1638.1

                	
                  10
                    yr, 1/8

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  148-UT

                	
                  008.0137

                	
                  Utah
                    Bureau of Land Management

                  UTU-78967

                	
                  Billy
                    Jim Palone

                	
                  Township
                    4 North, Range 5 East, S.L.M.

                  Section
                    12: All

                	
                  Summit

                	
                  8/1/00

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    14: NE, N2NW, SENW, S2

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    22: All

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    26: All

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  2519.08

                	
                  2519.08

                	
                  10
                    yr, 1/8

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  149-UT

                	
                  008.0138

                	
                  Utah
                    Bureau of Land Management

                  UTU-78968

                	
                  Billy
                    Jim Palone

                	
                  Township
                    4 North, Range 5 East, S.L.M.

                  Section
                    20: All

                	
                  Summit

                	
                  8/1/00

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    28: All

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    30: SENE

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    34: All

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  1959.24

                	
                  1959.24

                	
                  10
                    yr, 1/8

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  150-UT

                	
                  008.0030

                	
                  Utah
                    Bureau of Land Management

                  UTU-78969

                	
                  Billy
                    Jim Palone

                	
                  Township
                    5 North, Range 5 East, S.L.M.

                  Section
                    14: S2NE, W2, SE

                	
                  Morgan

                	
                  8/1/00

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    22: NENE

                	
                  Morgan

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    24: All

                	
                  Morgan

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    26: S2NE, NW, NESW, E2SE

                	
                  Morgan
                    & Summit

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    34: NE, SENW, SESW, SWSE

                	
                  Morgan
                    & Summit

                	
                   

                	
                   

                	
                   

                	
                  1699.92

                	
                  1699.92

                	
                  10
                    yr, 1/8

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  151-UT

                	
                  008.0031

                	
                  Utah
                    Bureau of Land Management

                  UTU-78970

                	
                  Billy
                    Jim Palone

                	
                  Township
                    3 North, Range 6 East, S.L.M.

                  Section
                    4: Lots 1, 2, 4, S2NE, SWNW,

                	
                  Summit

                	
                  8/1/00

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  N2S2,
                    SWSW, SWSE

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    6: All

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    8: N2, N2S2

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    10: N2NE, SWNE, SW, E2SE

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    18: Lots 1, 2, E2NW

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  2082.81

                	
                  2082.81

                	
                  10
                    yr, 1/8

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  152-UT

                	
                  008.0006

                	
                  Utah
                    Bureau of Land Management

                  UTU-78971

                	
                  Billy
                    Jim Palone

                	
                  Township
                    3 North, Range 6 East, S.L.M.

                  Section
                    20: NE, S2

                	
                  Summit

                	
                  8/1/00

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    22: E2

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    28: All

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    30: E2E2, SESW, SWSE

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    34: S2SW, SE

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  1920

                	
                  1920

                	
                  10
                    yr, 1/8

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  153-UT

                	
                  008.0009

                	
                  Utah
                    Bureau of Land Management

                  UTU-78972

                	
                  Billy
                    Jim Palone

                	
                  Township
                    4 North, Range 6 East, S.L.M.

                  Section
                    6: Lot 1, SENE, NESE, S2SE

                	
                  Summit

                	
                  8/1/00

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    8: NENE, S2NE, SENW, NESW,

                  S2SW,
                    SE

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    18: Lots 1, 2, 3, 4, E2W2

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    20: E2E2, SWSE

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    30: Lots 3, 4, NENE, S2NE, SENW,

                  E2SW

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  1297.14

                	
                  1297.14

                	
                  10
                    yr, 1/8

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  154-UT

                	
                  008.0010

                	
                  Utah
                    Bureau of Land Management

                  UTU-78973

                	
                  Billy
                    Jim Palone

                	
                  Township
                    4 North, Range 6 East, S.L.M.

                  Section
                    12: NW, NESW

                	
                  Summit

                	
                  8/1/00

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    22: N2, SE

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    28: N2NW, S2S2, NWSE

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    34: Lots 1, 2, 3, 4, 5, 6, 7, SWNE,

                  SWNW,
                    W2SW, SESW

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  1289.65

                	
                  1289.65

                	
                  10
                    yr, 1/8

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  155-UT

                	
                  008.0011

                	
                  Utah
                    Bureau of Land Management

                  UTU-78974

                	
                  Billy
                    Jim Palone

                	
                  Township
                    5 North, Range 6 East, S.L.M.

                  Section
                    4: All

                	
                  Morgan

                	
                  8/1/00

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    8: N2NE, SENE, NW, S2S2, NESE

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    10: All

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  1757.6

                	
                  1757.6

                	
                  10
                    yr, 1/8

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  156-UT

                	
                  008.0024

                	
                  Utah
                    Bureau of Land Management

                  UTU-78975

                	
                  Billy
                    Jim Palone

                	
                  Township
                    5 North, Range 6 East, S.L.M.

                  Section
                    14: NWNE, NENW, S2NW, N2SW,

                	
                  Rich
                    & Morgan

                	
                  8/1/00

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  SWSW

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    22: All

                	
                  Rich,
                    Morgan & Summit

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    26: S2NE, NW, N2SW, SWSW,

                  NWSE

                	
                  Rich
                    & Summit

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    34: S2NE, S2

                	
                  Summit

                	
                   

                	
                   

                	
                   

                	
                  1720

                	
                  1720

                	
                  10
                    yr, 1/8

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  157-UT

                	
                  008.0033

                	
                  Utah
                    Bureau of Land Management

                  UTU-78976

                	
                  Billy
                    Jim Palone

                	
                  Township
                    5 North, Range 6 East, S.L.M.

                  Section
                    18: All

                	
                  Morgan

                	
                  8/1/00

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    20: All

                	
                  Morgan

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    30: All

                	
                  Morgan
                    & Summit

                	
                   

                	
                   

                	
                   

                	
                  1926.72

                	
                  1926.72

                	
                  10
                    yr, 1/8

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  158-UT

                	
                  008.0012

                	
                  Utah
                    Bureau of Land Management

                  UTU-78977

                	
                  Billy
                    Jim Palone

                	
                  Township
                    7 North, Range 7 East, S.L.M.

                  Section
                    30: All

                	
                  Rich

                	
                  8/1/00

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    34: All

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  1280.6

                	
                  1280.6

                	
                  10
                    yr, 1/8

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  159-UT

                	
                  008.0013

                	
                  Utah
                    Bureau of Land Management

                  UTU-78978

                	
                  Billy
                    Jim Palone

                	
                  Township
                    9 North, Range 7 East, S.L.M.

                  Section
                    1: All

                	
                  Rich

                	
                  8/1/00

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    24: All

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  1297.82

                	
                  1297.82

                	
                  10
                    yr, 1/8

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  160-UT

                	
                  008.0014

                	
                  Utah
                    Bureau of Land Management

                  UTU-78979

                	
                  Billy
                    Jim Palone

                	
                  Township
                    7 North, Range 8 East, S.L.M.

                  Section
                    6: Lots 1, 2, 3, 4, Excl. ROW #8

                	
                  Rich

                	
                  8/1/00

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    8: S2SW

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  294.04

                	
                  294.04

                	
                  10
                    yr, 1/8

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  161-UT

                	
                  008.0015

                	
                  Utah
                    Bureau of Land Management

                  UTU-78980

                	
                  Billy
                    Jim Palone

                	
                  Township
                    8 North, Range 8 East, S.L.M.

                  Section
                    4: All

                	
                  Rich

                	
                  8/1/00

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    6: All

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    8: All

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    18: Lots 1, 2, 3, 4, E2, E2NW, NESW

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  2026.04

                	
                  2026.04

                	
                  10
                    yr, 1/8

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  162-UT

                	
                  008.0016

                	
                  Utah
                    Bureau of Land Management

                  UTU-78981

                	
                  Billy
                    Jim Palone

                	
                  Township
                    8 North, Range 8 East, S.L.M.

                  Section
                    20: All, Excl. ROW #8

                	
                  Rich

                	
                  8/1/00

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    28: All, Excl. ROW #8

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    30: All

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  1439.34

                	
                  1439.34

                	
                  10
                    yr, 1/8

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  163-UT

                	
                  008.0017

                	
                  Utah
                    Bureau of Land Management

                  UTU-78982

                	
                  Billy
                    Jim Palone

                	
                  Township
                    9 North, Range 8 East, S.L.M.

                  Section
                    4: All

                	
                  Rich

                	
                  8/1/00

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    5: All

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    6: All

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    8: N2

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  1802.94

                	
                  1802.94

                	
                  10
                    yr, 1/8

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  164-UT

                	
                  008.0018

                	
                  Utah
                    Bureau of Land Management

                  UTU-78983

                	
                  Billy
                    Jim Palone

                	
                  Township
                    10 North, Range 8 East, S.L.M.

                  Section
                    4: All

                	
                  Rich

                	
                  8/1/00

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    5: All

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    8: NE, N2NW, SWNW, S2

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    9: All

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  1733.65

                	
                  1733.65

                	
                  10
                    yr, 1/8

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  165-UT

                	
                  008.0019

                	
                  Utah
                    Bureau of Land Management

                  UTU-78984

                	
                  Billy
                    Jim Palone

                	
                  Township
                    10 North, Range 8 East, S.L.M.

                  Section
                    17: All

                	
                  Rich

                	
                  8/1/00

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    19: All

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    20: All

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    30: All

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  2560

                	
                  2560

                	
                  10
                    yr, 1/8

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  166-UT

                	
                  008.0021

                	
                  Utah
                    Bureau of Land Management

                  UTU-78985

                	
                  Billy
                    Jim Palone

                	
                  Township
                    10 North, Range 8 East, S.L.M.

                  Section
                    21: All

                	
                  Rich

                	
                  8/1/00

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    28: All

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    29: All

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    31: All

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    33: All

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  1301.79

                	
                  1301.79

                	
                  10
                    yr, 1/8

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  167-UT

                	
                  008.0022

                	
                  Utah
                    Bureau of Land Management

                  UTU-79019

                	
                  Billy
                    Jim Palone

                	
                  Township
                    8 North, Range 7 East, S.L.M.

                  Section
                    26: SENE, NESE, S2SE,

                	
                  Rich

                	
                  8/1/00

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Excl.
                    ROW #8

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    28: All

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  800

                	
                  800

                	
                  10
                    yr, 1/8

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  168-UT

                	
                  008.0023

                	
                  Utah
                    Bureau of Land Management

                  UTU-79018

                	
                  Billy
                    Jim Palone

                	
                  Township
                    8 North, Range 7 East, S.L.M.

                  Section
                    8: W2

                	
                  Rich

                	
                  8/1/00

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    10: W2W2, SESW, Excl. ROW #8,

                  NESE,
                    S2SE

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    14: All, Excl. ROW #8

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    18: Lots 1, 2, 3, 4, E2NW

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    20: NESE, S2SE

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    22: All

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  2272.24

                	
                  2272.24

                	
                  10
                    yr, 1/8

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  169-UT

                	
                  008.0131

                	
                  Utah
                    Bureau of Land Management

                  UTU-74368

                	
                  Jay
                    L. Stone

                	
                  Township
                    2 North, Range 6 East, S.L.M.

                  Section
                    28: NWNE, SENE, NW, N2SW,

                	
                  Summit

                	
                  7/1/95

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  SWSW,
                    NESE, SWSE

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  440

                	
                  440

                	
                  10
                    yr, 1/8

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Jay
                    Stone

                	
                  2.0%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  80.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  170-UT

                	
                  008.0151

                	
                  State
                    of Utah

                  Mineral
                    Lease No. 48488

                	
                  Billy
                    Jim Palone

                	
                  Township
                    3 North, Range 8 East, S.L.M.

                  Section
                    30: Lots 2, 4, SENW

                	
                  Summit

                	
                  6/14/00

                	
                   

                	
                   

                	
                  120.1

                	
                  120.1

                	
                  10
                    yr, 1/8

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  171-UT

                	
                  008.0164

                	
                  State
                    of Utah

                  Mineral
                    Lease No. 48491

                	
                  Billy
                    Jim Palone

                	
                  Township
                    6 North, Range 6 East, S.L.M.

                  Section
                    34: SWNE

                	
                  Morgan

                	
                  6/14/00

                	
                   

                	
                   

                	
                  40

                	
                  40

                	
                  10
                    yr, 1/8

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  175-UT

                	
                  008.0052

                	
                  Ray
                    B. Wright and Joseph Lee Wright

                  as
                    Trustees in Trust for Joseph Lee

                  Wright
                    and Descendants u/w of

                  Lawrence
                    E. B. Wright

                	
                  Billy
                    Jim Palone, d/b/a

                  Palone
                    Petroleum

                	
                  Township
                    2 North, Range 5 East, S.L.M.

                  Section
                    4: NWSE, SWNE

                  Section
                    12: SESW, S2SE

                  Section
                    24: NW

                	
                  Summit

                	
                  5/31/00

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Township
                    3 North, Range 5 East, S.L.M.

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    2: All

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    10: NW, NWNE

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  175-A-UT

                	
                  008.0053

                	
                  Ray
                    B. Wright, a married man delaing

                  in
                    his sole and separate property

                	
                  Billy
                    Jim Palone, d/b/a

                  Palone
                    Pteroleum

                	
                  Township
                    2 North, Range 5 East, S.L.M.

                  Section
                    4: NWSE, SWNE

                	
                  Summit

                	
                  5/31/00

                	
                  1331

                	
                  276

                	
                   

                	
                   

                	
                   

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    12: SESW, S2SE

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    24: NW

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Township
                    3 North, Range 5 East, S.L.M.

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    2: All

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  175-B-UT

                	
                  008.0054

                	
                  Blanche
                    T. Wright, a widow

                	
                  Billy
                    Jim Palone, d/b/a

                  Palone
                    Pteroleum

                	
                  Township
                    2 North, Range 5 East, S.L.M.

                  Section
                    4: NWSE, SWNE

                	
                  Summit

                	
                  5/31/00

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    12: SESW, S2SE

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    24: NW

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Township
                    3 North, Range 5 East, S.L.M.

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    2: All

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  175-C-UT

                	
                  008.0055

                	
                  David
                    L. Wright and Rona R. Wright,

                  husband
                    and wife

                	
                  Billy
                    Jim Palone, d/b/a

                  Palone
                    Pteroleum

                	
                  Township
                    2 North, Range 5 East, S.L.M.

                  Section
                    4: NWSE, SWNE

                	
                  Summit

                	
                  5/31/00

                	
                  1331

                	
                  280

                	
                   

                	
                   

                	
                   

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    12: SESW, S2SE

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    24: NW

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Township
                    3 North, Range 5 East, S.L.M.

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    2: All

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  175-D-UT

                	
                  008.0056

                	
                  Dennis
                    K. Wright and Sara C. Wright,

                  husband
                    and wife

                	
                  Billy
                    Jim Palone, d/b/a

                  Palone
                    Pteroleum

                	
                  Township
                    2 North, Range 5 East, S.L.M.

                  Section
                    4: NWSE, SWNE

                	
                  Summit

                	
                  5/31/00

                	
                  1331

                	
                  272

                	
                   

                	
                   

                	
                   

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    12: SESW, S2SE

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    24: NW

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Township
                    3 North, Range 5 East, S.L.M.

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    2: All

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  178-UT

                	
                  008.0005

                	
                  Utah
                    Bureau of Land Management

                  UTU-79126

                	
                  Billy
                    Jim Palone

                	
                  Township
                    3 North, Range 6 East, S.L.M.

                  Section
                    24: E2, E2W2

                	
                  Summit

                	
                  10/1/00

                	
                   

                	
                   

                	
                  480

                	
                  480

                	
                  10
                    yr, 1/8

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  188-UT

                	
                  008.0034

                	
                  Randy
                    Floyd Sessions, a/k/a Randy

                  F.
                    Sessions, a/k/a Randy Sessions,

                  and
                    Debora A. Sessions, husband

                  and
                    wife

                	
                  Billy
                    Jim Palone, d/b/a

                  Palone
                    Petroleum

                	
                  Township
                    8 North, Range 8 East, S.L.M.

                  Section
                    29: S2

                	
                  Rich

                	
                  8/14/00

                	
                  R8

                	
                  478

                	
                  320

                	
                  160

                	
                  3
                    yr, opt

                  ext
                    4 yr

                  15%
                    roy

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  79.75997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  188-A-UT

                	
                  008.0035

                	
                  Cecil
                    Elwin Sessions, a widower

                	
                  Billy
                    Jim Palone, d/b/a

                  Palone
                    Petroleum

                	
                  Township
                    8 North, Range 8 East, S.L.M.

                  Section
                    29: S2

                	
                  Rich

                	
                  8/14/00

                	
                  R8

                	
                  476

                	
                  320

                	
                  160

                	
                  3yr,
                    op 4

                  15%
                    roy

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  79.75997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  189-UT

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  008.0027

                	
                  Keith
                    L. Putnam as Trustee of the

                  Keith
                    L. Putnam Inter vivos Trust dated

                  June
                    7, 1994

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  Billy
                    Jim Palone, d/b/a

                  Palone
                    Petroleum

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  Township
                    9 North, Range 7 East, S.L.M.

                  Section
                    23: That part described as follows:

                  Commencing
                    at the Northeast

                  corner
                    of said Section 23 and

                  running
                    thence South 5295 feet

                  to
                    the Southeast co

                	
                  Rich

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  10/3/00

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  R8

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  483

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  408

                	
                  153

                	
                  3
                    yr, opt

                  ext
                    4 yr

                  1/8
                    roy

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  79.75997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  189-A-UT

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  008.0028

                	
                  Erma
                    N. Putnam as Trustee of the

                  Erma
                    N. Putnam Inter Vivos Trust

                  dated
                    June 7, 1994

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  Billy
                    Jim Palone, d/b/a

                  Palone
                    Petroleum

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  Township
                    9 North, Range 7 East, S.L.M.

                  Section
                    23: That part described as follows:

                  Commencing
                    at the Northeast

                  corner
                    of said Section 23 and

                  running
                    thence South 5295 feet

                  to
                    the Southeast co

                	
                  Rich

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  10/3/00

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  R8

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  481

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  408

                	
                  153

                	
                  3
                    yr, opt

                  ext
                    4 yr

                  1/8
                    roy

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  79.75997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  190-UT

                	
                   

                	
                  Beatrice
                    R. Cato, a widow

                	
                  Billy
                    Jim Palone, d/b/a

                  Palone
                    Petroleum

                	
                  Township
                    2 North, Range 5 East, S.L.M.

                  Section
                    12: NENW, N2SE, NE

                	
                  Summit

                	
                  9/20/00

                	
                  1350

                	
                  154

                	
                   

                	
                   

                	
                   

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    26: E2NW, SWNE

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Township
                    3 North, Range 5 East, S.L.M.

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    24: N2NE, SWNE, NENW

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    26: W2

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  79.75997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  190-A-UT

                	
                   

                	
                  Patricia
                    C. Hogan, a married woman

                  dealing
                    in her sole and separate Prop.

                	
                  Billy
                    Jim Palone, d/b/a

                  Palone
                    Petroleum

                	
                  Township
                    2 North, Range 5 East, S.L.M.

                  Section
                    12: NENW, N2SE, NE

                	
                  Summit

                	
                  10/20/00

                	
                  1350

                	
                  153

                	
                   

                	
                   

                	
                   

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    26: E2NW, SWNE

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Township
                    3 North, Range 5 East, S.L.M.

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    24: N2NE, SWNE, NENW

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    26: W2

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  79.75997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  190-B-UT

                	
                   

                	
                  Robert
                    H. Cato, a single man

                	
                  Billy
                    Jim Palone, d/b/a

                  Palone
                    Petroleum

                	
                  Township
                    2 North, Range 5 East, S.L.M.

                  Section
                    12: NENW, N2SE, NE

                	
                  Summit

                	
                  10/20/00

                	
                  1350

                	
                  150

                	
                   

                	
                   

                	
                   

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    26: E2NW, SWNE

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Township
                    3 North, Range 5 East, S.L.M.

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    24: N2NE, SWNE, NENW

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    26: W2

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  79.75997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  190-C-UT

                	
                   

                	
                  Lyzenna
                    C. Lockwood, a single woman

                	
                  Billy
                    Jim Palone, d/b/a

                  Palone
                    Petroleum

                	
                  Township
                    2 North, Range 5 East, S.L.M.

                  Section
                    12: NENW, N2SE, NE

                	
                  Summit

                	
                  10/20/00

                	
                  1350

                	
                  148

                	
                   

                	
                   

                	
                   

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    26: E2NW, SWNE

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Township
                    3 North, Range 5 East, S.L.M.

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    24: N2NE, SWNE, NENW

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    26: W2

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  79.75997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  193-UT

                	
                  008.0171

                	
                  State
                    of Utah

                  Mineral
                    Lease No. 48594

                	
                  Billy
                    Jim Palone, d/b/a

                  Palone
                    Petroleum

                	
                  Township
                    2 North, Range 8 East, S.L.M.

                  Section
                    6: Lots 1, 3, 4, SENW, E2SW,

                	
                  Summit

                	
                  12/1/2000

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  10
                    yr

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  SENE,
                    E2SE

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  337.43

                	
                  337.43

                	
                  1/8
                    roy

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  208-UT

                	
                   

                	
                  Utah
                    Bureau of Land Management

                  UTU-75026

                	
                  Jay
                    L. Stone

                	
                  Township
                    6 North, Range 8 East, S.L.M.

                  Section
                    20: NWNW

                	
                  Rich
                    & Summit

                	
                  2/01/96

                	
                   

                	
                   

                	
                  40

                	
                  40

                	
                  10
                    yr

                  1/8
                    roy

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                  Have
                    partial - not all pages

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  82.25997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  209-UT

                	
                  008.0169

                	
                  Utah
                    Bureau of Land Management

                  UTU-75056

                	
                  M.
                    L. Farrington

                	
                  Township
                    4 North, Range 7 East, S.L.M.

                  Section
                    6: Lot 4

                	
                  Summit

                	
                  10/01/96

                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  10
                    yr

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    12: E2NW, NESW

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  160.08

                	
                  160.08

                	
                  1/8
                    roy

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  M.L.
                    Farrington

                	
                  2.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  79.75997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  210-UT

                	
                  008.0168

                	
                  Utah
                    Bureau of Land Management

                  UTU-75057

                	
                  M.
                    L. Farrington

                	
                  Township
                    5 North, Range 7 East, S.L.M.

                  Section
                    10: NENE

                	
                  Summit

                	
                  10/01/96

                	
                   

                	
                   

                	
                  40

                	
                  40

                	
                  10
                    yr

                  1/8
                    roy

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  M.L.
                    Farrington

                	
                  2.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  79.75997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  211-UT

                	
                  008.0170

                	
                  Utah
                    Bureau of Land Management

                  UTU-75059

                	
                  Jay
                    L. Stone

                	
                  Township
                    3 North, Range 7 East, S.L.M.

                  Section
                    24: Lots 2, 6, 7, NWNE, NENW,

                	
                  Summit

                	
                  04/01/96

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  10
                    yr

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  S2NW.

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  256.5

                	
                  256.5

                	
                  1/8
                    roy

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Jay
                    L. Stone

                	
                  2.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  79.75997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  212-UT

                	
                  008.0172

                	
                  State
                    of Utah, Division of Forestry, Fire

                  and
                    State Lands, Department of Natural

                  Resources

                  SLA-709

                	
                  Jay
                    L. Stone

                	
                  Township
                    6 North, Range 8 East, S.L.M.

                  Tract
                    No 1 - A tract of land for highway known

                  as
                    Project No 80-4 situated in

                  Lot
                    4, of Section 16, T6N, R8E,

                	
                  Summit

                	
                  12/13/96

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  SLM.
                    Said tract of land is all that

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  portion
                    of the following described 

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  property
                    which lies within said

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    16: Beginning at a point 

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Jay
                    L. Stone

                	
                  2.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  on
                    the west boundary of the State

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  of
                    Wyoming, which point is 2196.1

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  79.75997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  213-UT

                	
                   

                	
                  State
                    of Utah, Division of Forestry, Fire

                  and
                    State Lands, Department of Natural

                  Resources

                  SLA-711

                	
                  Jay
                    L. Stone

                	
                  Township
                    5 North, Range 7 East, SLM

                  Tract
                    No 1 - That portion of the following 

                  described
                    tract situated in 

                  Section
                    2 and 11, Township 5

                	
                  Summit

                	
                  01/09/97

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Jay
                    Stone

                	
                  2.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  North,
                    Range 7 East, SLM:

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  A
                    tract of land for highway known

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  as
                    Project 80-4 situated in the

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  SW1/4NW1/4
                    and the

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  79.75997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  214-UT

                	
                  008.0173

                	
                  State
                    of Utah, School and Institutional

                  Trust
                    Lands Administration

                  Mineral
                    Lease # 47545

                	
                  Jay
                    L. Stone

                	
                  Township
                    4 North, Range 8 East, S.L.M.

                  Section
                    6: Lot 6, E1/2 SW1/4, N1/2SE1/4

                  SW1/4SE1/4

                	
                  Summit

                	
                  04/16/97

                	
                   

                	
                   

                	
                  229

                	
                  229

                	
                  10
                    yr

                  1/8
                    roy

                	
                  Jay
                    L. Stone

                	
                  2.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  79.75997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  215-UT

                   

                	
                   

                	
                  State
                    of Utah, Board of State Lands

                  &
                    Forestry, and Division of State

                  Lands
                    & Forestry, Department of 

                  Natural
                    Resources

                  Mineral
                    Lease # 46288 SITLA NOW

                	
                  Jay
                    L. Stone

                   

                	
                  Township
                    5 North, Range 8 East, S.L.M.

                  Section
                    6: NW1/4SE1/4

                	
                  Summit

                   

                	
                  02/07/94

                   

                	
                   

                	
                   

                	
                  40

                	
                  40

                	
                  10
                    yr

                  1/8
                    roy

                	
                  Jay
                    L. Stone

                	
                  2.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  79.75997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  216-UT

                	
                  008.0190

                	
                  Utah
                    Bureau of Land Management

                  UTU-79633

                	
                  Billy
                    Jim Palone

                	
                  Township
                    9 North, Range 7 East, S.L.M.

                  Section
                    4: Lots 2, 5, 6, 7, 8, 9, 10, 11,12,

                	
                  Rich

                	
                  7/01/01

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  SWNE

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    5: Lots 1, 2, 3, 4, 5, 6, 7, 8,

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  S1/2N1/2,
                    SE

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    6: Lots 1, 2, 3, 4, 5, 6, 7, S1/2NE,

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  E1/2SW,
                    SE, SENW

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  79.75997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  Under
                    here above and beyond 180K

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  242-UT

                	
                   

                	
                  Michael
                    R. Ellis and Kathleen A. Ellis,

                  husband
                    and wife

                	
                  Billy
                    Jim Palone, d/b/a

                  Palone
                    Petroleum

                	
                  Township
                    9 North, Range 8 East, S.L.M.

                  Section
                    18: A parcel of land in the North

                	
                  Rich

                	
                  8/23/01

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  half
                    of Lot 2, more particularly

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  described
                    as follows: Beginning

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  4041.4
                    feet North from the

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Southwest
                    corner of said Section

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  18,
                    and running thence North

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  79.75997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  600
                    feet; thence East 1200 feet;

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  thence
                    South 7 degrees 10

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  NO
                    ASSIGNMENT

                	
                   

                	
                   

                	
                   

                	
                  minutes
                    West 604.7 feet; thence

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  3yr,
                    opt

                	
                   

                	
                   

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  1124.5
                    feet to the place of

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  4
                    yr

                	
                   

                	
                   

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  beginning.

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  16

                	
                  16

                	
                  1/8
                    roy

                	
                   

                	
                   

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  243-UT

                	
                   

                	
                  Gertrude
                    P. Ellis, personally and as 

                  Trustee
                    of the Silas H. Ellis Family

                  Living
                    Trust, dated 12/3/81

                	
                  Billy
                    Jim Palone, d/b/a

                  Palone
                    Petroleum

                	
                  Township
                    9 North, Range 7 East, S.L.M.

                  Section
                    26: NESE

                	
                  Rich

                	
                  8/23/01

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Township
                    9 North, Range 8 East, S.L.M.

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    18: Lots 1, 2, 3, 4, NE, W2NW,

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  E2SW,
                    SE, save and except 16

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                  NO
                    ASSIGNMENT

                	
                   

                	
                   

                	
                   

                	
                  acres
                    located in the North half of

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Lot
                    2 of said section, particularly

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  79.75997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  described
                    as follows: Beginning

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  4041.4
                    feet North from the

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Southwest
                    corner of said Section

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  18,
                    and running thence North

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  600
                    feet; thence East 1200 feet;

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  thence
                    South 7 degrees 10

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  minutes
                    West 604.7 feet; thence

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  3yr,
                    opt

                	
                   

                	
                   

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  1124.5
                    feet to the place of

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  4
                    yr

                	
                   

                	
                   

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  beginning.

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  664.24

                	
                  315.51

                	
                  1/8
                    roy

                	
                   

                	
                   

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  244-UT

                	
                   

                	
                  The
                    Lawrence R. Brown Inter Vivos

                  Trust,
                    dated 3/10/93

                	
                  Billy
                    Jim Palone, d/b/a

                  Palone
                    Petroleum

                	
                  Township
                    8 North, Range 8 East, S.L.M.

                  Section
                    5: Lots 1, 2, 3, 4, S2N2, S2

                	
                  Rich,
                    UT

                  Uinta,
                    WY

                	
                  10/29/01

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  TeSelle

                	
                  1.5%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-I

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Township
                    9 North, Range 7 East, S.L.M.

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone
                    GC-II

                	
                  .03125%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    36: Commencing 2210 feet East of

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Palone

                	
                  .4375%
                    of 8/8ths

                	
                   

                
	
                  NO
                    ASSIGNMENT

                	
                   

                	
                   

                	
                   

                	
                  Southwest
                    Corner of 36; thence

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quantum
                    Energy

                	
                  0.740028%
                    of 8/8ths

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  East
                    430 feet to SE SW, North

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  Quaneco
                    II

                	
                  2.5%
                    of 8/8ths

                	
                  79.75997200%

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  40
                    chains (2640') to NE Corner

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  of
                    SW; thence West 2240 feet

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  South
                    32 degrees East 3156

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  feet
                    to place of beginning.

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Township
                    9 North, Range 8 East, S.L.M.

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    31: Lots 1, 2, 3, 4, 5, E2NW, NESW,

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  E2

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    33: Lots 1, 2, 3, 4, W2W2

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Township
                    17 North, Range 120 West, 6th PM

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    7: Lots 1, 2, 3, 4, E2W2, W2E2

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  less
                    tract: Beginning at a point

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  1316
                    feet West from the Northeast

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  corner
                    of Section 7; thence

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  South
                    2094 feet; thence North

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  14
                    degrees 40 minutes West

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  1007.2
                    feet; thence North 1120

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  feet
                    to the North line of Section

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  7;
                    thence South 89 degrees 55

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  minutes
                    East 255 feet along

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Section
                    line to the point of 

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  beginning,
                    containing 9.4 acres;

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  also
                    a tract in Section 7 described

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  as
                    follows: Beginning at the NW

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  corner
                    of Section 7; thence

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  North
                    88 degrees 56 minutes

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  30
                    seconds East, 1951.34 feet

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  along
                    the north line of Section 7;

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  Thence
                    South 01 degrees 03

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  minutes
                    30 seconds East,

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  1053.48
                    feet; thence 88 degrees

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  56
                    minutes 30 seconds West,

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  1972.11
                    feet to a point that lies

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  on
                    the west line of Section 7;

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  thence
                    North 00 degrees 04

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  minutes
                    18 seconds East,

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  1053.69
                    feet along west line to

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  3yr,
                    opt

                	
                   

                	
                   

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  the
                    point of beginning and

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  4
                    yr

                	
                   

                	
                   

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                  containing
                    47.44 acres.

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  2013.81

                	
                  1161.97

                	
                  1/8
                    roy

                	
                   

                	
                   

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                   

                	
                   

                	
                  TOTAL
                    NET ACRES

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                  168030.84

                	
                   

                	
                   

                	
                   

                	
                   

                

        

        

      

       

       

       

       

       

      
        17

        
          

        

      

      
        
        

      

    

    

    

     

    

    This
      is Schedule “B” attached to a Purchase and Option Agreement for the Overthrust
      Prospect, Utah and Wyoming between Quaneco, L.L.C. and Fellows Energy, Ltd.
      dated March 12, 2004.

    

    

    

    

    

    Royalties

    

    

    

    

    
      
        
        

      

      

        
          	 	 	
                  The
                    descriptions and net and gross acreages shown herein are subject
                    to
                    adjustment and/or correction based on due diligence and/or title
                    examination.

                	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	
                  Acres

                	 	 	 
	
                  Lease
                    #

                	 	
                  Lessor

                	
                  Lessee

                	
                  Description

                	
                  County

                	
                  Date

                	
                  Gross

                	
                  Net

                	
                  Terms

                	 
	
                  100-UT

                   

                	
                  008.0032

                	
                  George
                    E. Collard, Jr.

                   

                	
                  Billy
                    Jim Palone, d/b/a Palone Petroleum

                	
                  Township
                    4 North, Range 6 East, S.L.M.

                  Section
                    28: S2NW, N2SW

                  Section
                    34: SENW, NESW, W2SE

                	
                  Summit

                   

                	
                  1/17/00

                   

                	
                  320

                	
                  320

                	
                  3
                    yr, Opt

                  4
                    yr, 1/8

                	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  101-A-UT

                	
                  008.0037

                	
                  Ruth
                    H. O'Connor, f/k/a Ruth H. Jorgensen, and Vern F. Jorgensen as
                    Co-Trustees
                    of the Jorgensen Family Trust, dated 6/21/71

                	
                  Billy
                    Jim Palone, d/b/a Palone Petroleum

                	
                  Township
                    3 North, Range 6 East, S.L.M.

                  Section
                    2: Lots 1, 2, 3, 4, S2N2, S2

                  Section
                    4: SESW

                  Section
                    22: E2W2

                  Section
                    26: W2NW

                   

                  Township
                    4 North, Range 6 East, S.L.M.

                  Section
                    32: Lots 1, 2, 3, 4, S2N2, S2

                	
                  Summit

                   

                   

                   

                   

                   

                   

                	
                  1/22/00

                   

                   

                   

                   

                   

                   

                	
                  1473.86

                	
                  741.43

                	
                  3yr,
                    Opt

                  4
                    yr, 1/8

                	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  101-B-UT

                   

                   

                   

                   

                   

                   

                	
                  008.0038

                	
                  Karl
                    G. Timpson and Pam Timpson, husband and wife

                   

                   

                   

                   

                   

                	
                  Billy
                    Jim Palone, d/b/a Palone Petroleum

                   

                   

                   

                   

                   

                	
                  Township
                    3 North, Range 6 East, S.L.M.

                  Section
                    2: Lots 1, 2, 3, 4, S2N2, S2

                  Section
                    4: SESW

                  Section
                    22: E2W2

                  Section
                    26: W2NW

                   

                  Township
                    4 North, Range 6 East, S.L.M.

                  Section
                    32: Lots 1, 2, 3, 4, S2N2, S2

                	
                  Summit

                   

                   

                   

                   

                   

                   

                	
                  1/28/00

                   

                   

                   

                   

                   

                   

                	
                  1473.86

                	
                  61.04

                	
                  3
                    yr, Opt

                  4
                    yr, 1/8

                	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  101-C-UT

                   

                   

                   

                   

                   

                   

                	
                  008.0039

                	
                  Beth
                    M. Wilkins and Leland D. Wilkins, wife and husband

                   

                   

                   

                   

                   

                	
                  Billy
                    Jim Palone, d/b/a Palone Petroleum

                   

                   

                   

                   

                   

                	
                  Township
                    3 North, Range 6 East, S.L.M.

                  Section
                    2: Lots 1, 2, 3, 4, S2N2, S2

                  Section
                    4: SESW

                  Section
                    22: E2W2

                  Section
                    26: W2NW

                   

                  Township
                    4 North, Range 6 East, S.L.M.

                  Section
                    32: Lots 1, 2, 3, 4, S2N2, S2

                	
                  Summit

                   

                   

                   

                   

                   

                   

                	
                  1/28/00

                   

                   

                   

                   

                   

                   

                	
                  1473.86

                	
                  183.11

                	
                  3
                    yr, Opt

                  4
                    yr, 1/8

                	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  101-D-UT

                   

                   

                   

                   

                   

                   

                	
                  008.0040

                	
                  Perry
                    L. Allred and Kaye Allred,

                  husband
                    and wife

                   

                   

                   

                   

                   

                	
                  Billy
                    Jim Palone, d/b/a Palone Petroleum

                   

                   

                   

                   

                   

                	
                  Township
                    3 North, Range 6 East, S.L.M.

                  Section
                    2: Lots 1, 2, 3, 4, S2N2, S2

                  Section
                    4: SESW

                  Section
                    22: E2W2

                  Section
                    26: W2NW

                   

                  Township
                    4 North, Range 6 East, S.L.M.

                  Section
                    32: Lots 1, 2, 3, 4, S2N2, S2

                	
                  Summit

                   

                   

                   

                   

                   

                   

                	
                  1/28/00

                   

                   

                   

                   

                   

                   

                	
                  1473.86

                	
                  183.11

                	
                  3
                    yr, Opt

                  4
                    yr, 1/8

                	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  101-E-UT

                   

                   

                   

                   

                   

                   

                	
                  008.0041

                	
                  Mary
                    Timpson Smith and Morris Smith, wife and husband

                   

                   

                   

                   

                   

                	
                  Billy
                    Jim Palone, d/b/a Palone Petroleum

                   

                   

                   

                   

                   

                	
                  Township
                    3 North, Range 6 East, S.L.M.

                  Section
                    2: Lots 1, 2, 3, 4, S2N2, S2

                  Section
                    4: SESW

                  Section
                    22: E2W2

                  Section
                    26: W2NW

                   

                  Township
                    4 North, Range 6 East, S.L.M.

                  Section
                    32: Lots 1, 2, 3, 4, S2N2, S2

                	
                  Summit

                   

                   

                   

                   

                   

                   

                	
                  1/28/00

                   

                   

                   

                   

                   

                   

                	
                  1473.86

                	
                  61.04

                	
                  3
                    yr, Opt

                  4
                    yr, 1/8

                	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  101-G-UT

                   

                   

                   

                   

                   

                   

                	
                  008.0042

                	
                  Chauncey
                    C. Riddle and Bertha A. Riddle, Trustees of the Chauncey C. Riddle
                    Family
                    Living Trust, dated May 26, 1988

                   

                   

                   

                	
                  Billy
                    Jim Palone, d/b/a Palone Petroleum

                   

                   

                   

                   

                   

                	
                  Township
                    3 North, Range 6 East, S.L.M.

                  Section
                    2: Lots 1, 2, 3, 4, S2N2, S2

                  Section
                    4: SESW

                  Section
                    22: E2W2

                  Section
                    26: W2NW

                   

                  Township
                    4 North, Range 6 East, S.L.M.

                  Section
                    32: Lots 1, 2, 3, 4, S2N2, S2

                	
                  Summit

                   

                   

                   

                   

                   

                   

                	
                  1/28/00

                   

                   

                   

                   

                   

                   

                	
                  1473.86

                	
                  183.11

                	
                  3
                    yr, Opt

                  4
                    yr, 1/8

                	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  102-UT

                   

                   

                	
                  008.0007

                	
                  Edwin
                    L. Judd and Edmeresa O. Judd, husband and wife

                   

                	
                  Billy
                    Jim Palone, d/b/a Palone Petroleum

                   

                	
                  Township
                    3 North, Range 5 East, S.L.M.

                  Section
                    16: All

                  Section
                    22: S2SE

                  Section
                    28: S2NE, SE, SESW

                	
                  Summit

                   

                   

                	
                  2/3/00

                   

                   

                	
                  1000

                	
                  560

                	
                  3
                    yr, Opt

                  4
                    yr, 1/8

                	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  103-UT

                   

                	
                  008.0036

                	
                  Robert
                    Michael Richins and Wendy Dahl Richins, husband and wife

                	
                  Billy
                    Jim Palone, d/b/a Palone Petroleum

                	
                  Township
                    2 North, Range 5 East, S.L.M.

                  Section
                    2: Lot 3, SENW, SW

                  Section
                    11: NWNW

                	
                  Summit

                   

                	
                  1/27/00

                   

                	
                  282.09

                	
                  282.09

                	
                  3
                    yr, Opt

                  4
                    yr, 1/8

                	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  104-A-UT

                	
                  008.0045

                	
                  Thomas
                    V. Boyer, Successor Trustee of the Joseph Lavern Boyer Family
                    Living
                    Trust, dated October 13, 1982

                	
                  Billy
                    Jim Palone, d/b/a Palone Petroleum

                	
                  Township
                    3 North, Range 5 East, S.L.M.

                  Section
                    36: All

                   

                  Township
                    3 North, Range 6 East, S.L.M.

                  Section
                    16: All

                  Section
                    25: S2S2

                  Section
                    32: All

                  Section
                    36: N2N2

                   

                  Township
                    3 North, Range 7 East, S.L.M.

                  Section
                    16: Lots 1, 2, and all of lot 3 less

                  and
                    except the following tract: A tract

                  of
                    land beginning at the SE corner of

                  the
                    SW of Section 17, and running thence

                  East
                    60 chains; thence North 39.5 chains;

                  thence
                    South 56 degrees 39 minutes

                  West
                    71.85 chains to the point of 

                  beginning.

                	
                  Summit

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  2/22/00

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  2330.77

                	
                  388.46

                	
                  3
                    yr, Opt

                  4
                    yr, 1/8

                	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  105-UT

                   

                   

                   

                	
                  008.0132

                	
                  Utah
                    Bureau of Land Management

                  UTU-78765

                   

                   

                	
                  Billy
                    Jim Palone

                	
                  Township
                    1 North, Range 6 East, S.L.M.

                  Section
                    20: N2, N2SW, SWSW, NESE,

                  S2SE

                  Section
                    30: Lots 1, 2, 3, 4, NE, E2W2,

                  NESE,
                    S2SE

                	
                  Summit

                   

                   

                   

                	
                  3/1/00

                   

                   

                   

                	
                  1117

                	
                  1117

                	
                  10
                    yr, 1/8

                	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  104-B-UT

                	
                  008.0046

                	
                  Helen
                    W. Boyer, sole remaining Trustee of the L. E. Boyer and Helen
                    W. Boyer
                    Revocable Trust, dated June 14, 1988

                	
                  Billy
                    Jim Palone, d/b/a Palone Petroleum

                	
                  Township
                    3 North, Range 5 East, S.L.M.

                  Section
                    36: All

                   

                  Township
                    3 North, Range 6 East, S.L.M.

                  Section
                    16: All

                  Section
                    25: S2S2

                  Section
                    32: All

                  Section
                    36: N2N2

                   

                  Township
                    3 North, Range 7 East, S.L.M.

                  Section
                    16: Lots 1, 2, and all of lot 3 less

                  and
                    except the following tract: A tract

                  of
                    land beginning at the SE corner of

                  the
                    SW of Section 17, and running thence

                  East
                    60 chains; thence North 39.5 chains;

                  thence
                    South 56 degrees 39 minutes

                  West
                    71.85 chains to the point of 

                  beginning.

                	
                  Summit

                	
                  3/11/00

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  2330.77

                	
                  388.46

                	
                  3
                    yr, Opt

                  4
                    yr, 1/8

                	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  104-C-UT

                	
                  008.0047

                	
                  Paul
                    W. Nielson, as Trustee of the Woodrow Nielson and Leah B. Nielson
                    Revocable Trust

                	
                  Billy
                    Jim Palone, d/b/a Palone Petroleum

                   

                   

                   

                	
                  Township
                    3 North, Range 5 East, S.L.M.

                  Section
                    36: All

                   

                  Township
                    3 North, Range 6 East, S.L.M.

                  Section
                    16: All

                  Section
                    25: S2S2

                  Section
                    32: All

                  Section
                    36: N2N2

                   

                  Township
                    3 North, Range 7 East, S.L.M.

                  Section
                    16: Lots 1, 2, and all of lot 3 less

                  and
                    except the following tract: A tract

                  of
                    land beginning at the SE corner of

                  the
                    SW of Section 17, and running thence

                  East
                    60 chains; thence North 39.5 chains;

                  thence
                    South 56 degrees 39 minutes

                  West
                    71.85 chains to the point of 

                  beginning.

                	
                  Summit

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  3/11/00

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  2330.77

                	
                  388.46

                	
                  3
                    yr, Opt

                  4
                    yr, 1/8

                	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  104-D-A-UT

                	
                  008.0050

                	
                  William
                    Leo Boyer and Lawrence Irwin Boyer, as Trustees of the William
                    Leo Boyer
                    Trust, dated January 25, 1995

                	
                  Billy
                    Jim Palone, d/b/a Palone Petroleum

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  Township
                    3 North, Range 5 East, S.L.M.

                  Section
                    36: All

                   

                  Township
                    3 North, Range 6 East, S.L.M.

                  Section
                    16: All

                  Section
                    25: S2S2

                  Section
                    26: S2NE, NESW, NWNE

                  Section
                    32: All

                  Section
                    36: N2N2

                   

                  Township
                    3 North, Range 7 East, S.L.M.

                  Section
                    16: Lots 1, 2, and all of lot 3 less

                  and
                    except the following tract: A tract

                  of
                    land beginning at the SE corner of

                  the
                    SW of Section 17, and running thence

                  East
                    60 chains; thence North 39.5 chains;

                  thence
                    South 56 degrees 39 minutes

                  West
                    71.85 chains to the point of 

                  beginning.

                	
                  Summit

                	
                  3/11/00

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  2490.77

                	
                  274.23

                	
                  3
                    yr, Opt

                  4
                    yr, 1/8

                	 
	 	
                  008.0048

                	 	 	 	 	 	 	 	 	 
	
                  104-E-B-UT

                	
                  008.0051

                	
                  Kenneth
                    Cordell Boyer, sole remaining Trustee of the Lorene B. Boyer
                    Trust, dated
                    January 25, 1995

                	
                  Billy
                    Jim Palone, d/b/a Palone Petroleum

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  Township
                    3 North, Range 5 East, S.L.M.

                  Section
                    36: All

                   

                  Township
                    3 North, Range 6 East, S.L.M.

                  Section
                    16: All

                  Section
                    25: S2S2

                  Section
                    26: S2NE, NESW, NWNE

                  Section
                    32: All

                  Section
                    36: N2N2

                   

                  Township
                    3 North, Range 7 East, S.L.M.

                  Section
                    16: Lots 1, 2, and all of lot 3 less

                  and
                    except the following tract: A tract

                  of
                    land beginning at the SE corner of

                  the
                    SW of Section 17, and running thence

                  East
                    60 chains; thence North 39.5 chains;

                  thence
                    South 56 degrees 39 minutes

                  West
                    71.85 chains to the point of 

                  beginning.

                	
                  Summit

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  3/11/00

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  2490.77

                	
                  274.23

                	
                  3
                    yr, Opt

                  4
                    yr, 1/8

                	 
	 	
                  008.0049

                	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  106-UT

                   

                   

                	
                  008.0008

                	
                  Samuel
                    L. Bolinder and Kathleen J. Bolinder, individually and as Trustees
                    of the
                    Samuel L. Bolinder and Kathleen J. Bolinder Revocable
                    Trust

                	
                  Billy
                    Jim Palone, d/b/a Palone Petroleum

                   

                	
                  Township
                    3 North, Range 5 East, S.L.M.

                  Section
                    16: N2, SW

                   

                	
                  Summit

                   

                   

                	
                  2/15/00

                   

                   

                	
                  480

                	
                  120

                	
                  3
                    yr, Opt

                  4
                    yr, 1/8

                	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  107-UT

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  008.0044

                	
                  Francis
                    Minerals Limited Partnership, a Utah Limited Partnership

                	
                  Billy
                    Jim Palone, d/b/a Palone Petroleum

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  Township
                    9 North, Range 8 East, S.L.M.

                  Section
                    8: S2

                  Section
                    9: Lots 1, 2, 3, 4, W2W2

                  Section
                    16: Lots 1, 2, 3, 4, W2W2

                  Section
                    17: All

                  Section
                    20: Beginning at the NE corner of

                  said
                    section 20, thence running West

                  5286.60
                    feet to the NW corner of said

                  section
                    20, thence South 2523.7 feet to

                  a
                    Fence Line, thence South 58 degrees

                  05
                    minutes East 3388.4 feet, thence East

                  2404
                    feet to the East Line of said section

                  20,
                    thence North 4314.0 feet to the point

                  of
                    beginning.

                  Section
                    21: Beginning at a point 966 feet,

                  more
                    or less, North of section corner

                  common
                    to sections 20, 21, 28, 29; thence

                  North
                    4314 feet, more or less, to the

                  section
                    corner common to sections 16, 17,

                  20,
                    21; thence East 1848 feet, more or less,

                  to
                    the Utah-Wyoming State Line; thence

                  South
                    3951.4 feet, more or less, to Fence

                  Line;
                    thence South 20 degrees 15 minutes

                  West
                    386.37 feet; thence West 1649.26

                  feet,
                    more or less, to Section Line and

                  point
                    of beginning. 

                	
                  Rich

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  3/17/00

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    18 North, Range 120 West, 6th PM

                  Resurvey
                    Tract 38

                  Originally
                    described as: Section 30: Lots

                  1,
                    2, E2NW

                   

                  Township
                    18 North, Ranges 120 and 121

                  West,
                    6th PM

                  Resurvey
                    Tract 39

                  Originally
                    described as:

                  Township
                    18 North, Range 121 West, 6th PM

                  Section
                    24: Lots 3, 4, E2SE

                   

                  Townshp
                    18 North, Range 121 West, 6th PM

                  Section
                    24: Lots 5, 6

                	
                  Uinta,
                    WY

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	 	
                  2409.77

                	
                  2409.77

                	
                  3
                    yr, 1/8

                  opt
                    4yr

                	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  108-UT

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  008.0043

                	
                  George
                    O. Frazier, a/k/a George Frazier, and Catherine M. Frazier, husband
                    and
                    wife

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  Billy
                    Jim Palone, d/b/a Palone Petroleum

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  Township
                    9 North, Range 7 East, S.L.M.

                  Section
                    8: NWSE, S2NESE, NWNESE, and the following two tracts:

                  Tract
                    1: Commencing 40 rods South of the Northeast Corner of the Southeast
                    Quarter of said Section 8, running thence North 100 feet, thence
                    West 660
                    feet, thence South 100 feet, thence East 660 feet to the place
                    of
                    beginning, containing 1.52 acres, more or less;

                  Tract
                    2: Commencing 360 feet South of the Northeast Corner of the Southeast
                    Quarter of said Section 8, running thence South 200 feet, thence
                    West 776
                    feet, thence North 200 feet, thence East 776 feet to the place
                    of
                    beginnig, containing 3.56 acres, more or less;

                  LESS
                    AND EXCEPT the following two tracts:

                  Excepted
                    Tract 1: Commencing 40 rods West of the Northeast Corner of the
                    Southeast
                    Quarter of said Section 8, running thence South 560 feet, thence
                    West 116
                    feet, thence North 560 feet, thence East 116 feet to the palce
                    of
                    beginning, containing 1.49 acres, more or less;

                	
                  Rich

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  3/17/00

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	 	 	 	 
	 	 	 	 	
                  Excepted
                    Tract 2: Commencing 776 feet West of the Northeast Corner of
                    the Southeast
                    Quarter of said Section 8, running thence West 425 feet, thence
                    South 360
                    feet, thence East 425 feet, thence North 360 feet to the place
                    of
                    beginning, containing 3.51 acres, more or less;

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    17: N2N2NENE, W2NE, NW, LESS AND EXCEPT the following tract:
                    Commencing at
                    the Northwest Corner of said Section 17; running thence South
                    64.5 rods to
                    the center line of the County Road; thence on the center line
                    of said
                    County Road, North 61 degrees 45 minutes East 1,457 feet; thence
                    North 89
                    degrees 15 minutes East 1,092 feet; thence East 75 feet to a
                    point which
                    is 336 feet South of the Northeast corner of the Northwet Quarter
                    of said
                    Section 17; thence Easterly 160 rods, more or less, to a point
                    16 rods
                    South from the Northeast corner of said Section 17; thence leaving
                    said
                    road and running North 16 rods to the Northeast corner of said
                    Section 17;
                    thence West 320 rods to the point of beginning. Said excepted
                    tract
                    containing 47.24 acres, more or less.

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    18: S2NE, SE, and the following tract: Commencing at the Southeast
                    Corner
                    of the Southwest Quarter of said Section 18, thence West 69 rods,
                    thence
                    North 240 rods, thence East 69 rods, thence South 240 rods, to
                    the point
                    beginning, said tract containing 103.50 acres, more or less;

                  LESS
                    AND EXCEPT the following tract: Beginning at the Northeast Corner
                    of said
                    Section 18, thence South 35 degrees 31 minutes West 2,542 feet;
                    thence
                    South 85 degrees 15 minutes West 100 feet to a true point of
                    beginning;
                    thence North 5 degrees 31 minutes West 100 feet; thence North
                    77 degrees
                    28 minutes East 175 feet; thence South 40 degrees 42 minutes
                    East 300
                    feet; thence South 77 degrees 24 minutes West 175 feet; thence
                    North 40
                    degrees 18 minutes West 198.5 feet to above said point of beginning,
                    said
                    excepted tract containing 1.2 acres, more or less.

                  Section
                    25: All

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    9 North, Range 8 East, S.L.M.

                  Section
                    19: Lots 1(40.24), 2(40.08), 3(39.94),

                  4(39.94),
                    E2W2, E2

                  Section
                    20: Commencing at the Southeast Corner of said Section 20, thence
                    West
                    5,286.60 feet to the Southwest Corner of said Section 20, thence
                    North
                    2,756.3 feet, thence South 58 degrees 05 minutes East 3,388.4
                    feet, thence
                    East 2,404 feet, to East line of Section 20, thence South 966
                    feet to the
                    point of beginning, containing 176.18 acres.

                  Section
                    21: Commencing at the Southwest Corner of said Section 21, thence
                    North
                    966 feet, thence East 1,649.26 feet, thence North 20 degrees
                    15 minutes
                    East 386.37 feet, to the Wyoming State Line, thence South to
                    South Line of
                    Section 21, thence West to point of beginning, containing 40.52
                    acres.

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    28: Lots 1(14.49), 2(14.92), 3(15.35),

                  4(15.78),
                    W2W2

                  Section
                    29: All

                  Section
                    30: Lots 1(39.72), 2(39.80), 3(39.88),

                  4(39.96),
                    E2W2, E2

                	 	 	
                  3611.18

                	
                  3611.18

                	
                  3
                    yr, 1/8

                  opt
                    4yr

                	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  109-UT

                   

                   

                	
                  008.0129

                	
                  Utah
                    Bureau of Land Management

                  UTU-78766

                   

                	
                  Billy
                    Jim Palone

                   

                   

                	
                  Township
                    7 North, Range 8 East, S.L.M. Section 4: Lots 1, 2, 3, 4

                  Section
                    6: Lots 5, 6, 7, S2NE, SENW,

                  E2SW,
                    SE

                	
                  Rich

                   

                   

                	
                  3/1/00

                   

                   

                	
                  668.53

                	
                  668.53

                	
                  10
                    yr

                  1/8

                	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  110-UT

                   

                   

                	
                  008.0130

                	
                  Utah
                    Bureau of Land Management

                  UTU-78767

                   

                	
                  Billy
                    Jim Palone

                   

                   

                	
                  Township
                    2 North, Range 6 East, S.L.M.

                  Section
                    4: Lots 1, 2, S2NE

                  Section
                    8: S2NE, NWNW, E2SW, SE

                  Section
                    18: Lots 1, 2, 3, 4, E2W2, E2

                	
                  Summit

                   

                   

                	
                  3/1/00

                   

                   

                	
                  1160.2

                	
                  1160.2

                	
                  10
                    yr

                  1/8

                	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  111-UT

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  008.0001

                	
                  State
                    of Utah

                  Mineral
                    Lease # 48443

                   

                   

                   

                   

                   

                   

                   

                	
                  Billy
                    Jim Palone

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  Township
                    1 North, Range 4 East, S.L.M.

                  Section
                    8: Lots 1, 2, 3, 4, W2SW, SESW,

                  NWSE,
                    SESE

                  Section
                    12: Lots 1, 2, W2NE, W2SW

                  Section
                    18: Lots 1, 2, 4, 5, 6, 7, 8, 10, 11,

                  12,
                    N2NE, SENE, NESE, SWSE

                  Section
                    20: N2NE, SENE, NWNW, SENW,

                  N2S2,
                    SESW, SWSE

                  Section
                    28: NENE, SWNE, NW, N2S2

                  Section
                    34: Lot 3, E2NW, NESW, NWSE

                	
                  Morgan

                   

                  Summit

                  Morgan

                   

                  Morgan
                    & Summit

                   

                  Summit

                  Summit

                	
                  2/9/00

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  2143.01

                	
                  2143.01

                	
                  10
                    yr

                  1/8

                  eff
                    3/1/00

                	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  112-UT

                	
                  008.0002

                	
                  State
                    of Utah

                  Mineral
                    Lease # 48444

                	
                  Billy
                    Jim Palone

                	
                  Township
                    1 North, Range 5 East, S.L.M.

                  Section
                    12: SENE, NESW

                	
                  Summit

                	
                  2/9/00

                	
                  80

                	
                  80

                	
                  10
                    yr 1/8

                  eff
                    3/1/00

                	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  113-UT

                   

                   

                   

                   

                   

                   

                	
                  008.0003

                	
                  State
                    of Utah

                  Mineral
                    Lease # 48445

                   

                   

                   

                   

                   

                	
                  Billy
                    Jim Palone

                   

                   

                   

                   

                   

                   

                	
                  Township
                    2 North, Range 4 East, S.L.M.

                  Section
                    6: Lots 3, 4, 5, SESW, SE

                  Section
                    18: Lots 1, 11

                  Section
                    20: Lots 2, 3, 12

                  Section
                    22: W2W2, SESE

                  Section
                    24: Lots 15, 16

                  Section
                    26: SENE

                  Section
                    34: SWNE, SENW, E2SW, W2SE

                	
                  Morgan

                  Morgan

                  Morgan

                  Summit

                  Summit

                  Summit

                  Morgan
                    & Summit

                	
                  2/9/00

                   

                   

                   

                   

                   

                   

                	
                  1023.87

                	
                  1023.87

                	
                  10
                    yr

                  1/8

                  eff
                    3/1/00

                	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  114-UT

                   

                   

                	
                  008.0148

                	
                  State
                    of Utah

                  Mineral
                    Lease # 48446

                   

                	
                  Billy
                    Jim Palone

                   

                   

                	
                  Township
                    2 North, Range 5 East, S.L.M.

                  Section
                    16: NWSE

                  Section
                    18: E2NE, NESE

                  Section
                    30: Lot 2

                	
                  Summit

                   

                   

                	
                  2/9/00

                   

                   

                	
                  199.24

                	
                  199.24

                	
                  10
                    yr

                  1/8

                  eff
                    3/1/00

                	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  115-UT

                	
                  008.0149

                	
                  State
                    of Utah

                  Mineral
                    Lease # 48447

                	
                  Billy
                    Jim Palone

                	
                  Township
                    2 North, Range 6 East, S.L.M.

                  Section
                    16: NWNW, NESW, SWSW

                	
                  Summit

                	
                  2/9/00

                	
                  120

                	
                  120

                	
                  10
                    yr 1/8

                  eff
                    3/1/00

                	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  116-UT

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  008.0150

                	
                  State
                    of Utah

                  Mineral
                    Lease # 48448

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  Billy
                    Jim Palone

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  Township
                    3 North, Range 5 East, S.L.M.

                  Section
                    4: Lots 2, 4, SWSE, S2NW, SW,

                  N2SE,
                    SWSE

                  Section
                    6: Lots 1, 3, 5, 7, S2NE, SENW,

                  E2SW,
                    SE

                  Section
                    8: SWNE, SENW, NESW, NWSE

                  Section
                    24: SENE, SE

                  Section
                    30: SWNE, SENW, excepting

                  therefrom
                    the following: Beginning at the

                  SW
                    corner of SENW of said Section

                  30,
                    running thence North 0 degrees 32

                  minutes
                    East 1178.4 feet along West

                  line
                    of said SENW, thence South 58

                  degrees
                    46 minutes East 1193.8 feet,

                  thence
                    South 75 degrees 23 minutes

                  East
                    591.6 feet, thence South 66

                  degrees
                    32 minutes East 935.6 feet,

                  thence
                    South 39 degrees 19 minutes

                  East
                    54.8 feet to South line of Northeast

                  Quarter
                    of said Section 30, thence

                  North
                    89 degrees 54 minutes West

                  2497.0
                    feet to the point of beginning.

                	
                  Summit

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  2/9/00

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  1367.42

                	
                  1367.42

                	
                  10
                    yr

                  1/8

                  eff
                    3/1/00

                	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  117-UT

                   

                   

                   

                	
                  008.0152

                	
                  State
                    of Utah

                  Mineral
                    Lease # 48449

                   

                   

                	
                  Billy
                    Jim Palone

                   

                   

                   

                	
                  Township
                    3 North, Range 6 East, S.L.M.

                  Section
                    4: Lot 3, SENW, SESE

                  Section
                    10: SENE, NW, W2SE

                  Section
                    14: NWNE

                  Section
                    30: W2NE, NESW, NWSE

                	
                  Summit

                   

                   

                   

                	
                  2/9/00

                   

                   

                   

                	
                  599.09

                	
                  599.09

                	
                  10
                    yr

                  1/8

                  eff
                    3/1/00

                	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  118-UT

                   

                	
                  008.0153

                	
                  State
                    of Utah

                  Mineral
                    Lease # 48450

                	
                  Billy
                    Jim Palone

                   

                	
                  Township
                    4 North, Range 5 East, S.L.M.

                  Section
                    30: Lots 1, 2, 3, 4, N2NE, SWNE,

                  E2W2,
                    SE

                	
                  Summit

                   

                	
                  2/9/00

                   

                	
                  539.44

                	
                  539.44

                	
                  10
                    yr

                  1/8

                  eff
                    3/1/00

                	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  119-UT

                   

                	
                  008.0154

                	
                  State
                    of Utah

                  Mineral
                    Lease # 48451

                	
                  Billy
                    Jim Palone

                   

                	
                  Township
                    4 North, Range 6 East, S.L.M.

                  Section
                    22: SW

                  Section
                    28: NE, NESE

                	
                  Summit

                   

                	
                  2/9/00

                   

                	
                  360

                	
                  360

                	
                  10
                    yr

                  1/8

                  eff
                    3/1/00

                	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  120-UT

                   

                   

                   

                	
                  008.0155

                	
                  State
                    of Utah

                  Mineral
                    Lease # 48452

                   

                   

                	
                  Billy
                    Jim Palone

                   

                   

                   

                	
                  Township
                    5 North, Range 6 East, S.L.M.

                  Section
                    6: Lots 1, 2, 3, 4, 6, 7, SENE,

                  SENW,
                    SESW, NESE, S2SE

                  Section
                    14: NENE, SWNE, SESW, NWSE

                  Section
                    16: All

                	
                  Morgan

                   

                  Morgan
                    & Summit

                  Morgan

                	
                  2/9/00

                   

                   

                   

                	
                  1280.01

                	
                  1280.01

                	
                  10
                    yr

                  1/8

                  eff
                    3/1/00

                	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  121-UT

                   

                   

                	
                  008.0156

                	
                  State
                    of Utah

                  Mineral
                    Lease # 48453

                   

                	
                  Billy
                    Jim Palone

                   

                   

                	
                  Township
                    7 North, Range 7 East, S.L.M.

                  Section
                    2: S2NE, S2

                  Section
                    16: N2, SW, E2SE

                  Section
                    36: All

                	
                  Rich

                   

                   

                	
                  2/9/00

                   

                   

                	
                  1600

                	
                  1600

                	
                  10
                    yr

                  1/8

                  eff
                    3/1/00

                	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  122-UT

                   

                   

                	
                  008.0157

                	
                  State
                    of Utah

                  Mineral
                    Lease # 48454

                   

                	
                  Billy
                    Jim Palone

                   

                   

                	
                  Township
                    8 North, Range 7 East, S.L.M.

                  Section
                    2: Lots 1, 2, 3, S2N2, S2

                  Section
                    6: Lot 5

                  Section
                    12: All

                	
                  Rich

                   

                   

                	
                  2/9/00

                   

                   

                	
                  1243.46

                	
                  1243.46

                	
                  10
                    yr

                  1/8

                  eff
                    3/1/00

                	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  123-UT

                   

                   

                	
                  008.0158

                	
                  State
                    of Utah

                  Mineral
                    Lease # 48455

                   

                	
                  Billy
                    Jim Palone

                   

                   

                	
                  Township
                    8 North, Range 7 East, S.L.M.

                  Section
                    16: E2, E2W2

                  Section
                    24: All

                  Section
                    32: E2, E2W2

                	
                  Rich

                   

                   

                	
                  2/9/00

                   

                   

                	
                  1600

                	
                  1600

                	
                  10
                    yr

                  1/8

                  eff
                    3/1/00

                	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  124-UT

                   

                	
                  008.0159

                	
                  State
                    of Utah

                  Mineral
                    Lease # 48456

                	
                  Billy
                    Jim Palone

                   

                	
                  Township
                    8 North, Range 8 East, S.L.M.

                  Section
                    16: Lots 1, 2, 3, 4

                  Section
                    32: All

                	
                  Rich

                   

                	
                  2/9/00

                   

                	
                  811.62

                	
                  811.62

                	
                  10
                    yr

                  1/8

                  eff
                    3/1/00

                	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  125-UT

                	
                  008.0160

                	
                  State
                    of Utah

                  Mineral
                    Lease # 48457

                   

                	
                  Billy
                    Jim Palone

                   

                	
                  Township
                    9 North, Range 7 East, S.L.M.

                  Section
                    2: Lots 3, 4, 5, 6, 7, SENE, E2SE

                  Section
                    8: SW, S2SE

                  Section
                    12: Lots 1, 2, N2NE

                  Section
                    17: Commencing at the Northwest

                  corner
                    of Section 17 and running thence

                  South
                    sixty four and one-half (64 1/2)

                  rods
                    to the center line of the County

                  Road;
                    thence on the center line of

                  said
                    County Road, North 61 degrees

                  15
                    minutes East 1457 feet; thence

                  North
                    89 degrees 15 minutes East

                  1092
                    feet; thence East 75 feet to a

                  point
                    which is 336 feet south of the

                  Northeast
                    corner of the Northwest

                  quarter
                    of said Section 17; thence

                  Easterly
                    160 rods, more or less to a

                  point
                    16 rods South from the Northeast

                  corner
                    of said Section 17; thence 

                  leaving
                    said road running North 16 rods

                  to
                    the Northeast corner of said Section

                  17;
                    thence West 320 rods, to the

                  point
                    of beginning.

                  Section
                    26: NE, NWSE, S2SE

                  Section
                    32: W2, S2SE

                  Section
                    33: N2

                  Section
                    36: N2, SE

                	
                  Rich

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  2/9/00

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  2263.81

                	
                  2263.81

                	
                  10
                    yr

                  1/8

                  eff
                    3/1/00

                	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  126-UT

                	
                  008.0161

                	
                  State
                    of Utah

                  Mineral
                    Lease # 48458

                	
                  Billy
                    Jim Palone

                	
                  Township
                    9 North, Range 8 East, S.L.M.

                  Section
                    32: All

                	
                  Rich

                	
                  2/9/00

                	
                  679.04

                	
                  679.04

                	
                  10
                    yr 1/8

                  eff
                    3/1/00

                	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  127-UT

                   

                   

                   

                   

                	
                  008.0162

                	
                  State
                    of Utah

                  Mineral
                    Lease # 48459

                   

                   

                   

                	
                  Billy
                    Jim Palone

                   

                   

                   

                   

                	
                  Township
                    10 North, Range 7 East, S.L.M.

                  Section
                    2: Lots 1, 2, 3, 4, 5, 6, 7, S2NE,

                  SENW,
                    E2SW, SE

                  Section
                    7: SENE

                  Section
                    32: All

                  Section
                    36: All

                	
                  Rich

                   

                   

                   

                   

                	
                  2/9/00

                   

                   

                   

                   

                	
                  1966.32

                	
                  1966.32

                	
                  10
                    yr

                  1/8

                  eff
                    3/1/00

                	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  128-UT

                   

                	
                  008.0163

                	
                  State
                    of Utah

                  Mineral
                    Lease # 48460

                	
                  Billy
                    Jim Palone

                   

                	
                  Township
                    10 North, Range 8 East, S.L.M.

                  Section
                    16: Lots 1, 2, 3, 4, W2W2

                  Section
                    32: All

                	
                  Rich

                   

                	
                  2/9/00

                   

                	
                  853.28

                	
                  853.28

                	
                  10
                    yr

                  1/8

                  eff
                    3/1/00

                	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  129-UT

                	
                  Numerous

                	
                  Skull
                    Valley Company, LTD., a Utah

                	
                  Billy
                    Jim Palone, d/b/a

                	
                  Tract
                    No. 1

                	 	
                  3/3/00

                	 	 	 	 
	 	 	
                  Limited
                    Partnership, a/k/a Skull Valley

                	
                  Palone
                    Petroleum

                	
                  Township
                    9 North, Range 7 East, S.L.M.

                	
                  Rich

                	 	 	 	 	 
	 	 	
                  Company,
                    a Utah limited partnership

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	 	
                  Section
                    23: Commencing at the Southeast corner of Section 23, T9N, R7E,
                    SLM,running thence North 49 degrees 20 minutes West 1948 feet;
                    thenceNorth
                    62 degrees 31 minutes West 2642 feet; thence North 26degrees
                    35 minutes
                    West 3132 feet; thence West 67 feet to theNorthwest corner of
                    said section
                    23; thence South 5280 feet to theSouthwest corner of said section
                    23;
                    thence East 5293 feet to theSoutheast corner of said section
                    23, being the
                    place of beginningcontaining 232 acres and 115 square rods of
                    land, more
                    or less

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    26: W2

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    27: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    34: E2, E2NW

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    35: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    36: Beginning at the Southwest corner

                  of
                    Section 36; thence North2 3/4 degrees East

                  2698
                    feet; thence South 89 degrees East to

                  the
                    West boundry line of State Highway;

                  thence
                    South 32degrees East along said

                  West
                    line 3156 feet more or less, to a point

                  East
                    of beginning; thence West 2210 feet,

                  more
                    or less,to the point of beginning.

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No. 2

                	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    8 North, Range 7 East, S.L.M

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    1: All that portion of Section 1 lying South and West of the
                    Highway.Said
                    highway is described as follows: A parcel of land 100 feetwide,
                    50 feet on
                    each side of the following described centerline: Beginning at
                    a point
                    approximately 2244 feet East from the Northwest corner of said
                    section;
                    thence South 32 degrees 14minutes East 1921.6 feet; thence 297.9
                    feet
                    along the arc of acirlce to the left whose radius is 1432.7 feet
                    long;
                    thence South 44 degrees 09 minutes East 2370.5 feet to the East
                    line of
                    said section.

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    1: All that part lying North and East

                  of
                    Hwy #89

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    2: Lot 4

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    3: Lots 1(28.00), 2(28.00), 3(28.00),

                  4(28.00),
                    S2N2, S2

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    10: NE, E2NW, NESW, NWSE

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    11: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    13: All

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No. 3

                	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    8 North, Range 7 East, S.L.M

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    15: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    21: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    23: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    25: All

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No. 4

                	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    8 North, Range 7 East, S.L.M

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    27: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    33: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    35: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    36: All

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No. 5

                	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    8 North, Range 8 East, S.L.M.

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    7: Lots 1(40.95), 2(40.45), 3(39.95),

                  4(39.45),
                    E2W2, E2

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    9: Lots 1(45.48), 2(45.23), 3(44.98),

                  4(44.73)

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    17: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    19: Lots 1(40.73), 2(40.77), 3(40.84),

                  4(40.89),
                    E2W2, E2

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    21: Lots 1(40.75), 2(39.85), 3(38.95),

                  4(38.05)

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    29: N2

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No. 6

                	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    8 North, Range 8 East, S.L.M.

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    31: Lots 1(39.86), 2(39.90), 3(39.94),

                  4(39.98),
                    E2W2, E2

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    33: Lots 1(40.91), 2(40.08), 3(39.35),

                  4(38.42)

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    7 North, Range 7 East, S.L.M.

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    1: Lots 1(40.22), 2(40.68), 3(41.12),

                  4(41.58),
                    S2N2, S2

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    2: Lots 1(41.81), 2(41.84), 3(41.86),

                  4(41.89),
                    S2NW

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    3: Lots 1(41.77), 2(41.58), 3(41.33),

                  4(41.11),
                    S2N2, S2

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No. 7

                	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    7 North, Range 7 East, S.L.M.

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    5: Lots 1(40.59), 2(40.76), 3(40.94),

                  4(41.11),
                    S2N2, S2

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    9: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    11: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    12: W2

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    13: All

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No. 8

                	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    7 North, Range 7 East, S.L.M.

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    15: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    16: W2SE

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    17: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    19: Lots 1(41.10), 2(41.10), 3(41.10),

                  4(40.44),
                    E2W2, E2

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    21: All

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No. 9

                	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    7 North, Range 7 East, S.L.M.

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    23: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    25: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    26: W2W2

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    27: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    29: All

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No. 10

                	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    7 North, Range 7 East, S.L.M.

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    31: Lots 1(39.82), 2(39.88), 3(39.92),

                  4(39.98),
                    E2W2, E2

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    32: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    33: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    35: All

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No. 11

                	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    7 North, Range 8 East, S.L.M.

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    5: Lots 1(66.80), 2(66.80), 3(66.80),

                  4(66.80),
                    S2N2, S2

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    7: Lots 1(43.03), 2(42.45), 3(41.87),

                  4(41.29),
                    E2W2, E2

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    9: Lots 1(40.34), 2(40.34), 3(40.34),

                  4(40.34)

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    17: All

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No. 12

                	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    7 North, Range 8 East, S.L.M.

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    19: Lots 1(39.23), 2(38.88), 3(38.53),

                  4(38.18),
                    E2W2, E2

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    21: Lots 1(40.34), 2(40.34), 3(40.34),

                  4(40.34)

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    29: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    31: Lots 1(38.95), 2(39.25), 3(39.55),

                  4(39.85),
                    E2W2, E2

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    33: Lots 1(39.87), 2(39.93), 3(37.97),

                  4(37.06)

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No. 13

                	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    6 North, Range 6 East, S.L.M.

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    2: Lots 1(39.46), 2(39.59), 3(39.71),

                  4(39.84),
                    S2N2, S2

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    12: All

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    14: All

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    22: All

                	
                  Rich
                    & Morgan

                	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No. 14

                	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    6 North, Range 6 East, S.L.M.

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    24: All

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    26: All

                	
                  Rich
                    & Morgan

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    28: N2SE

                	
                  Morgan

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    32: All

                	
                  Morgan

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    34: N2NE, SENE, W2, SE

                	
                  Morgan

                	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No. 15

                	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    6 North, Range 7 East, S.L.M.

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    2: Lots 1(22.77), 2(22.32), 3(21.87),

                  4(21.42),
                    S2N2, S2

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    4: Lots 1(21.78), 2(26.54), 3(31.40),

                  4(36.06),
                    S2N2, S2

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    6: Lots 1(40.87), 2(40.62), 3(40.37), 

                  4(43.35),
                    5(43.06), 6(42.90),

                  7(42.73),
                    S2NE, SENW, E2SW,

                  SE

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    8: All

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No. 16

                	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    6 North, Range 7 East, S.L.M.

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    10: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    12: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    13: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    14: All

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No. 17

                	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    6 North, Range 7 East, S.L.M.

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    16: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    18: Lots 1(40.11), 2(40.14), 3(40.16),

                  4(40.19),
                    E2W2, E2

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    20: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    22: All

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No. 18

                	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    6 North, Range 7 East, S.L.M.

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    24: All

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    25: All of that portion of Section 25 lying North and West of
                    theUnion
                    Pacific Railroad Company Right-of-way.

                	
                  Rich
                    & Summit

                   

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    26: All

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    28: All

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No. 19

                	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    6 North, Range 6 East, S.L.M.

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    36: All

                	
                  Morgan
                    & Rich

                	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    6 North, Range 7 East, S.L.M.

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    30: Lots 1(39.98), 2(40.10), 3(40.22),

                  4(40.34),
                    E2W2, E2

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    32: All

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    34: All

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No. 20

                	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    6 North, Range 8 East, S.L.M.

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    4: Lots 1(30.73), 2(21.10), 3(21.10),

                  4(21.10),
                    5(24.67), 6(30.81),

                  7(36.94)

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    6: Lots 1(29.00), 2(29.00), 3(29.00),

                  4(29.00),
                    5(40.00), 6(40.00),

                  7(40.00),
                    S2NE, SENW,

                  E2SW,
                    SE

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    7: Lots 1(40.17), 2(40.52), 3(40.87),

                  4(41.22),
                    E2W2, E2

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    8: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    9: Lots 1(21.09), 2(21.06), 3(21.03),

                  4(21.01),
                    W2W2

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No. 21

                	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    6 North, Range 7 East, S.L.M.

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    36: All of that portion of Section 36 lying North and West of
                    theUnion
                    Pacific Railroad Company Right-of-way.

                	
                  Rich
                    & Summit

                   

                	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    6 North, Range 8 East, S.L.M.

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    16: All of that portion of Section 16 lying North of the Union
                    PacificRailroad Company right-of-way.

                	
                  Rich
                    & Summit

                   

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    17: All of that portion of Section 17 lying North and West of
                    theUnion
                    Pacific Railroad Company right-of-way.

                	
                  Rich
                    & Summit

                   

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    18: Lots 1(41.45), 2(41.55), 3(41.65),

                  4(41.75),
                    E2W2, E2

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    19: All of that portion of Section 19 lying North and West of
                    theUnion
                    Pacific Railroad Company right-of-way.

                	
                  Rich
                    & Summit

                   

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    30: Lot 1(41.05) and that part of Lot 2 lying North and West
                    of theUnion
                    Pacific Railroad Company right-of-way.

                	
                  Rich
                    & Summit

                   

                	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No. 22

                	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    5 North, Range 6 East, S.L.M.

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    12: All

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    14: S2SE, NESE, SENE

                	
                  Rich
                    & Morgan

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    24: All

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    26: E2SE, SWSE, SESW, N2NE

                	
                  Rich
                    & Summit

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    28: E2, NW, N2SW, SWSW

                	
                  Morgan
                    & Summit

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    34: N2NE, NW

                	
                  Summit

                	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No. 23

                	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    5 North, Range 7 East, S.L.M.

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    2: All that part lying North and West of the West Bound UnionPacific
                    Railroad Company right of way

                	
                  Rich
                    & Summit

                   

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    4: Lots 1(41.24), 2(41.34), 3(41.42),

                  4(41.52),
                    S2N2, S2

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    6: Lots 1(41.36), 2(40.98), 3(40.58),

                  4(40.40),
                    5(40.40), 6(40.32),

                  7(40.24),
                    S2NE, SENW,

                  E2SW,
                    SE

                	
                  Rich

                   

                   

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    8: All

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No. 24

                	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    5 North, Range 7 East, S.L.M.

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    10: W2NE, NW, N2SW

                	
                  Rich
                    & Summit

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    16: All that part of Section 16 lying North and West of theUnion
                    Pacific
                    Railroad right-of-way.

                	
                  Rich
                    & Summit

                   

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    18: Lots 1(39.97), 2(39.93), 3(39.88),

                  4(39.82),
                    E2W2, E2

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    20: All

                	
                  Rich
                    & Summit

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    28: All of the NW and NWSW lying North and West fo the Eastbound
                    UPRR
                    right-of-way, being those parts of said NW and NWSW not conveyed
                    to David
                    Moore and Sons, Incorporated, as described in that certain Quit
                    Claim Deed
                    dated November 12, 1927, recorded on December 6, 1927, in Book
                    E, page
                    585, records of Summit County, Utah

                	
                  Summit

                   

                   

                   

                   

                   

                   

                	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No. 25

                	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    5 North, Range 7 East, S.L.M.

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    30: Lots 1(39.71), 2(39.94), 3(40.16),

                  4(40.39),
                    E2W2, E2

                	
                  Rich
                    & Summit

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    32: All those parts conveyed in that certain Warranty Deed dated
                    May29,
                    1941, recorded on September 8, 1941, in Book R, page 427,records
                    of Summit
                    County, Utah, from David Moore & Sons,Incorporated, etal, Grantors, to
                    Deseret Live Stock Company, Grantee

                	
                  Summit

                   

                   

                   

                   

                   

                	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    4 North, Range 5 East, S.L.M.

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    24: Lots 1(38.86), 2(39.09), 3(39.33),

                  4(39.56),
                    W2E2, E2SW

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    36: All that part of Section 36 lying North and West of theUnion
                    Pacific
                    Railroad right-of-way.

                	
                  Rich

                   

                	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    4 North, Range 6 East, S.L.M.

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    18: E2

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    30: Lots 1(9.10), 2(9.18), NWNE, NENW, and that part of the SE
                    lying North
                    and West of the UPRC right-of-way

                	
                  Rich

                   

                	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    4 North, Range 7 East, S.L.M.

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    6: All those portions of Lots 3 and 5 lying North and West of
                    theUnion
                    Pacific Railroad Company right-of-way.

                	
                  Rich

                   

                	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No. 26

                	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    5 North, Range 6 East, S.L.M.

                	
                  Summit

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    32: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    36: All

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    4 North, Range 6 East, S.L.M.

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    2: Lots 1(41.73), 2(41.75), 3(41.77),

                  4(41.79),
                    S2N2, S2

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    4: Lots 1(43.42), 2(43.46), 3(43.50),

                  4(43.54),
                    S2N2, S2

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No. 27

                	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    4 North, Range 6 East, S.L.M.

                	
                  Summit

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    6: Lots 2(34.10), 3(28.70), 4(7.75),

                  5(11.62),
                    6(10.89), 7(10.16),

                  SWNE,
                    SENW, E2SW, NWSE

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    8: NWNE, N2NW, SWNW, NWSW

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    10: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    14: All that part of Section 14 lying

                  North
                    and West of State Highway.

                	 	 	 	 	
                  3
                    yr opt

                	 
	 	 	 	 	
                  Section
                    16: All

                	 	 	 	 	
                  ext
                    4 yr

                	 
	 	 	 	 	
                  Section
                    20: W2NE, W2, NWSE

                	 	 	
                  66677.58

                	
                  53561.51

                	
                  15%
                    roy

                	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  130-UT

                	
                  Numerous

                	
                  Kavanagh
                    N.V., a Netherlands

                  Antilles
                    Corporation

                	
                  Billy
                    Jim Palone, d/b/a

                  Palone
                    Petroleum

                	
                  Tract
                    No. 1

                  Township
                    9 North, Range 7 East, S.L.M.

                	
                  Rich

                	
                  3/21/00

                	 	 	 	 
	 	 	 	 	
                  Section
                    26: W2

                  Section
                    27: All

                  Section
                    34: E2, E2NW

                  Section
                    35: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    36: Beginning at the Southwest corner of Section 36; thence North
                    2 3/4
                    degrees East 2698 feet; thence South 89 degrees East to the West
                    boundry
                    line of State Highway; thence South 32 degrees East along said
                    West line
                    3156 feet more or less, to a point East of beginning; thence
                    West 2210
                    feet, more or less, to the point of beginning.

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No. 2

                	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    8 North, Range 7 East, S.L.M.

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    1: All that portion of Section 1 lying South and West of the
                    Highway. Said
                    highway is described as follows: A parcel of land 100 feet wide,
                    50 feet
                    on each side of the following described centerline: Beginning
                    at a point
                    approximately 2244 feet East from the Northwest corner of said
                    section;
                    thence South 32 degrees 14 minutes East 1921.6 feet; thence 297.9
                    feet
                    along the arc of a cirlce to the left whose radius is 1432.7
                    feet long;
                    thence South 44 degrees 09 minutes East 2370.5 feet to the East
                    line of
                    said section.

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    2: Lot 4

                  Section
                    3: Lots 1(28.00), 2(28.00), 3(28.00),

                  4(28.00),
                    S2N2, S2

                  Section
                    10: NE, E2NW, NESW, NWSE

                  Section
                    11: All

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No. 3

                	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    8 North, Range 7 East, S.L.M.

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    15: All

                  Section
                    21: All

                  Section
                    23: All

                  Section
                    25: All

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No. 4

                	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    8 North, Range 7 East, S.L.M.

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    27: All

                  Section
                    33: All

                  Section
                    35: All

                  Section
                    36: All

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No. 5

                	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    8 North, Range 8 East, S.L.M.

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    31: Lots 1(39.86), 2(39.90), 3(39.94),

                  4(39.98),
                    E2W2, E2

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    7 North, Range 7 East, S.L.M.

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    1: Lots 1(40.22), 2(40.68), 3(41.12),

                  4(41.58),
                    S2N2, S2

                  Section
                    2: Lots 1(41.81), 2(41.84), 3(41.86),

                  4(41.89),
                    S2NW

                  Section
                    3: Lots 1(41.77), 2(41.58), 3(41.33),

                  4(41.11),
                    S2N2, S2

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No. 6

                	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    7 North, Range 7 East, S.L.M.

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    5: Lots 1(40.59), 2(40.76), 3(40.94),

                  4(41.11),
                    S2N2, S2

                  Section
                    9: All

                  Section
                    11: All

                  Section
                    12: W2

                  Section
                    13: All

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No. 7

                	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    7 North, Range 7 East, S.L.M.

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    15: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    16: W2SE

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    17: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    19: Lots 1(41.10), 2(41.10), 3(41.10),

                  4(40.44),
                    E2W2, E2

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    21: All

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No. 8

                	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    7 North, Range 7 East, S.L.M.

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    23: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    25: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    26: W2W2

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    27: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    29: All

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No. 9

                	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    7 North, Range 7 East, S.L.M.

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    31: Lots 1(39.82), 2(39.88), 3(39.92),

                  4(39.98),
                    E2W2, E2

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    32: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    33: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    35: All

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No. 10

                	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    7 North, Range 8 East, S.L.M.

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    7: Lots 1(43.03), 2(42.45), 3(41.87),

                  4(41.29),
                    E2W2, E2

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    9: Lots 1(40.34), 2(40.34), 3(40.34),

                  4(40.34)

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    17: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    19: Lots 1(39.23), 2(38.88), 3(38.53),

                  4(38.18),
                    E2W2, E2

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No. 11

                	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    7 North, Range 8 East, S.L.M.

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    21: Lots 1(40.34), 2(40.34), 3(40.34),

                  4(40.34)

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    29: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    31: Lots 1(38.95), 2(39.25), 3(39.55),

                  4(39.85),
                    E2W2, E2

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    33: Lots 1(39.87), 2(39.93), 3(37.97),

                  4(37.06)

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No. 12

                	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    6 North, Range 6 East, S.L.M.

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    2: Lots 1(39.46), 2(39.59), 3(39.71),

                  4(39.84),
                    S2N2, S2

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    12: All

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    14: All

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    22: All

                	
                  Rich
                    & Morgan

                	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No. 13

                	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    6 North, Range 6 East, S.L.M.

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    24: All

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    26: All

                	
                  Rich
                    & Morgan

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    28: N2SE

                	
                  Morgan

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    32: All

                	
                  Morgan

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    34: N2NE, SENE, W2, SE

                	
                  Morgan

                	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No. 14

                	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    6 North, Range 7 East, S.L.M.

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    2: Lots 1(22.77), 2(22.32), 3(21.87),

                  4(21.42),
                    S2N2, S2

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    4: Lots 1(21.78), 2(26.54), 3(31.40),

                  4(36.06),
                    S2N2, S2

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    6: Lots 1(40.87), 2(40.62), 3(40.37),

                  4(43.35),
                    5(43.06), 6(42.90),

                  7(42.73),
                    S2NE, SENW, E2SW,

                  SE

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    8: All

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No. 15

                	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    6 North, Range 7 East, S.L.M.

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    10: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    12: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    13: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    14: All

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No. 16

                	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    6 North, Range 7 East, S.L.M.

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    16: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    18: Lots 1(40.11), 2(40.14), 3(40.16),

                  4(40.19),
                    E2W2, E2

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    20: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    22: All

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No. 17

                	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    6 North, Range 7 East, S.L.M.

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    24: All

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    25: All of that portion of Section 25 lying North and West of
                    the Union
                    Pacific Railroad Company Right-of-way.

                	
                  Rich
                    & Summit

                   

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    26: All

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    28: All

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No. 18

                	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    6 North, Range 6 East, S.L.M.

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    36: All

                	
                  Morgan

                	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    6 North, Range 7 East, S.L.M.

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    30: Lots 1(39.98), 2(40.10), 3(40.22),

                  4(40.34),
                    E2W2, E2

                	
                  Rich
                    & Morgan

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    32: All

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    34: All

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    19

                	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    6 North, Range 8 East, S.L.M.

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    4: Lots 1(30.73), 2(21.10), 3(21.10),

                  4(21.10),
                    5(24.67), 6(30.81), 

                  7(36.94)

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    6: Lots 1(29.00), 2(29.00), 3(29.00),

                  4(29.00),
                    5(40.00), 6(40.00),

                  7(40.00),
                    S2NE, SENW, E2SW,

                  SE

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    7: Lots 1(40.17), 2(40.52), 3(40.87),

                  4(41.22),
                    E2W2, E2

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    8: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    9: Lots 1(21.09), 2(21.06), 3(21.03),

                  4(21.01),
                    W2W2

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    20

                	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    6 North, Range 7 East, S.L.M.

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    36: All of that portion of Section 36 lying North and West of
                    the Union
                    Pacific Railroad Company Right-of-way.

                	
                  Rich
                    & Summit

                   

                	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    6 North, Range 8 East, S.L.M.

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    16: All of that portion of Section 16 lying North of the Union
                    Pacific
                    Railroad Company right-of-way.

                	
                  Rich
                    & Summit

                   

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    17: All of that portion of Section 17 lying North and West of
                    the Union
                    Pacific Railroad Company right-of-way.

                	
                  Rich
                    & Summit

                   

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    18: Lots 1(41.45), 2(41.55), 3(41.65),

                  4(41.75),
                    E2W2, E2

                	
                  Rich
                    & Summit

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    19: All of that portion of Section 19 lying North and West of
                    the Union
                    Pacific Railroad Company right-of-way.

                	
                  Rich
                    & Summit

                   

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    30: Lot 1(41.05) and that part of Lot 2 lying North and West
                    of the Union
                    Pacific Railroad Company right-of-way.

                	
                  Rich
                    & Summit

                   

                	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    21

                	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    5 North, Range 6 East, S.L.M.

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    12: All

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    5 North, Range 7 East, S.L.M.

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    2: All that part lying North and West of the West Bound Union
                    Pacific
                    Railroad Company right of way

                	
                  Rich
                    & Summit

                   

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    4: Lots 1(41.24), 2(41.34), 3(41.42),

                  4(41.52),
                    S2N2, S2

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    6: Lots 1(41.36), 2(40.98), 3(40.58),

                  4(40.40),
                    5(40.40), 6(40.32), 

                  7(40.24),
                    S2NE, SENW, E2SW,

                  SE

                	
                  Rich

                   

                   

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    8: All

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    10: N2NW

                	
                  Rich
                    & Summit

                	 	 	 	
                  3
                    yr, Opt

                	 
	 	 	 	 	
                  Section
                    18: Lots 1(39.97), 2(39.93), 3(39.88),

                  N2NE,
                    SWNE, E2NW, NESW

                	
                  Rich

                	 	
                  51815.3

                	
                  6476.91

                	
                  4
                    yr.

                  15%
                    roy

                	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  131-UT

                   

                	
                  008.0057

                	
                  United
                    Park City Mines, a DE corp.

                   

                	
                  Billy
                    Jim Palone, d/b/a

                  Palone
                    Petroleum

                	
                  Township
                    2 North, Range 5 East, S.L.M.

                  Section
                    3: Lots 1, 2, 3, 4, S2N2, S2

                  Section
                    4: Lot 1, SENE, E2SE

                	
                  Summit

                   

                	
                  5/23/00

                   

                	
                  811.27

                	
                  811.27

                	
                  3
                    yr, Opt

                  4
                    yr

                  1/8
                    roy

                	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  132-UT

                   

                	
                  008.0128

                	
                  Joseph
                    S. Lesser, as Trustee of Trust

                  U/A
                    with Joseph E. Hotung dated

                  November
                    1, 1974

                	
                  Billy
                    Jim Palone, d/b/a

                  Palone
                    Petroleum

                	
                  Township
                    8 North, Range 7 East, S.L.M.

                  Section
                    13: All

                	
                  Rich

                   

                	
                  3/21/00

                   

                	
                  640

                	
                  80

                	
                  3
                    yr, Opt

                  4
                    yr

                  15%
                    roy

                	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  133-UT

                	
                  Numerous

                	
                  Property
                    Reserve, Inc., f/k/a Deseret

                  Title
                    Holding Corporation

                	
                  Billy
                    Jim Palone, d/b/a

                  Palone
                    Petroleum

                	
                  Tract
                    No. 1

                  Township
                    9 North, Range 7 East, S.L.M.

                	
                  Rich

                	
                  6/21/00

                	 	 	 	 
	 	 	 	 	
                  Section
                    26: W2

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    27: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    34: E2, E2NW

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    35: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    36: Beginning at the Southwest corner of Section 36; thence North2
                    3/4
                    degrees East 2698 feet; thence South 89 degrees East to

                  the
                    West boundry line of State Highway; thence South 32 degrees East
                    along
                    said West line 3156 feet more or less, to a point East of beginning;
                    thence West 2210 feet, more or less, to the point of
                    beginning.

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No. 2

                	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    8 North, Range 7 East, S.L.M

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    1: All that portion of Section 1 lying South and West of the
                    Highway. Said
                    highway is described as follows: A parcel of land 100 feet wide,
                    50 feet
                    on each side of the following described centerline: Beginning
                    at a point
                    approximately 2244 feet East from the

                  Northwest
                    corner of said section; thence South 32 degrees 14 minutes East
                    1921.6
                    feet; thence 297.9 feet along the arc of a cirlce to the left
                    whose radius
                    is 1432.7 feet long; thence South 44 degrees 09 minutes East
                    2370.5 feet
                    to the East line of said section.

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    2: Lot 4

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    3: Lots 1(28.00), 2(28.00), 3(28.00),

                  4(28.00),
                    S2N2, S2

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    10: NE, E2NW, NESW, NWSE

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    11: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    13: All

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No. 3

                	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    8 North, Range 7 East, S.L.M

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    15: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    21: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    23: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    25: All

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No. 4

                	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    8 North, Range 7 East, S.L.M

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    27: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    33: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    35: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    36: All

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No. 5

                	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    8 North, Range 8 East, S.L.M.

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    31: Lots 1(39.86), 2(39.90), 3(39.94),

                  4(39.98),
                    E2W2, E2

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    7 North, Range 7 East, S.L.M.

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    1: Lots 1(40.22), 2(40.68), 3(41.12),

                  4(41.58),
                    S2N2, S2

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    2: Lots 1(41.81), 2(41.84), 3(41.86),

                  4(41.89),
                    S2NW

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    3: Lots 1(41.77), 2(41.58), 3(41.33),

                  4(41.11),
                    S2N2, S2

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No. 6

                	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    7 North, Range 7 East, S.L.M.

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    5: Lots 1(40.59), 2(40.76), 3(40.94),

                  4(41.11),
                    S2N2, S2

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    9: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    11: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    12: W2

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    13: All

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No. 7

                	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    7 North, Range 7 East, S.L.M.

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    15: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    16: W2SE

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    17: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    19: Lots 1(41.10), 2(41.10), 3(41.10),

                  4(40.44),
                    E2W2, E2

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    21: All

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No. 8

                	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    7 North, Range 7 East, S.L.M.

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    23: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    25: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    26: W2W2

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    27: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    29: All

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No. 9

                	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    7 North, Range 7 East, S.L.M.

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    31: Lots 1(39.82), 2(39.88), 3(39.92),

                  4(39.98),
                    E2W2, E2

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    32: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    33: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    35: All

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No. 10

                	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    7 North, Range 8 East, S.L.M.

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    7: Lots 1(43.03), 2(42.45), 3(41.87),

                  4(41.29),
                    E2W2, E2

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    9: Lots 1(40.34), 2(40.34), 3(40.34),

                  4(40.34)

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    17: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    19: Lots 1(39.23), 2(38.88), 3(38.53),

                  4(38.18),
                    E2W2, E2

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No. 11

                	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    7 North, Range 8 East, S.L.M.

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    21: Lots 1(40.34), 2(40.34), 3(40.34),

                  4(40.34)

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    29: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    31: Lots 1(38.95), 2(39.25), 3(39.55),

                  4(39.85),
                    E2W2, E2

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    33: Lots 1(39.87), 2(39.93), 3(37.97),

                  4(37.06)

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No. 12

                	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    6 North, Range 6 East, S.L.M.

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    2: Lots 1(39.46), 2(39.59), 3(39.71),

                  4(39.84),
                    S2N2, S2

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    12: All

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    14: All

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    22: All

                	
                  Rich
                    & Morgan

                	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No. 13

                	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    6 North, Range 6 East, S.L.M.

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    24: All

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    26: All

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    28: N2SE

                	
                  Morgan

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    32: All

                	
                  Morgan

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    34: N2NE, SENE, W2, SE

                	
                  Morgan

                	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No. 14

                	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    6 North, Range 7 East, S.L.M.

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    2: Lots 1(22.77), 2(22.32), 3(21.87),

                  4(21.42),
                    S2N2, S2

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    4: Lots 1(21.78), 2(26.54), 3(31.40),

                  4(36.06),
                    S2N2, S2

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    6: Lots 1(40.87), 2(40.62), 3(40.37),

                  4(43.35),
                    5(43.06), 6(42.90), 

                  7(42.73),
                    S2NE, SENW, E2SW,

                  SE

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    8: All

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No. 15

                	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    6 North, Range 7 East, S.L.M.

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    10: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    12: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    13: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    14: All

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No. 16

                	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    6 North, Range 7 East, S.L.M.

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    16: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    18: Lots 1(40.11), 2(40.14), 3(40.16),

                  4(40.19),
                    E2W2, E2

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    20: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    22: All

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No. 17

                	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    6 North, Range 7 East, S.L.M.

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    24: All

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    25: All of that portion of Section 25

                  lying
                    North and West of the Union Pacific 

                  Railroad
                    Company Right-of-way.

                	
                  Rich
                    & Summit

                   

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    26: All

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    28: All

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No. 18

                	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    6 North, Range 6 East, S.L.M.

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    36: All

                	
                  Morgan

                	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    6 North, Range 7 East, S.L.M.

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    30: Lots 1(39.98), 2(40.10), 3(40.22),

                  4(40.34),
                    E2W2, E2

                	
                  Rich
                    & Morgan

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    32: All

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    34: All

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No. 19

                	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    6 North, Range 8 East, S.L.M.

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    4: Lots 1(30.73), 2(21.10), 3(21.10),

                  4(21.10),
                    5(24.67), 6(30.81),

                  7(36.94)

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    6: Lots 1(29.00), 2(29.00), 3(29.00),

                  4(29.00),
                    5(40.00), 6(40.00),

                  7(40.00),
                    S2NE, SENW,

                  E2SW,
                    SE

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    7: Lots 1(40.17), 2(40.52), 3(40.87),

                  4(41.22),
                    E2W2, E2

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    8: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    9: Lots 1(21.09), 2(21.06), 3(21.03),

                  4(21.01),
                    W2W2, Less and Except

                  62.15
                    acres more or less, as

                  conveyed
                    within that certain

                  Warranty
                    Deed dated February 3,

                  1999,
                    recorded February 17, 1999

                  in
                    Book E8 at page 203, with

                  Property
                    Reserve, Inc., a Utah

                  corporation,
                    f/k/a Deseret Title

                  Holding
                    Corporation, as Grantor,

                  and
                    Evanston-Uinta County Airport

                  Joint
                    Powers Board, as Grantee.

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No. 20

                	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    6 North, Range 7 East, S.L.M.

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    36: All of that portion of Section 36

                  lying
                    North and West of the Union

                  Pacific
                    Railroad Company Right-of-way.

                	
                  Rich
                    & Summit

                   

                	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    6 North, Range 8 East, S.L.M.

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    16: All of that portion of Section 16

                  lying
                    North of the Union Pacific

                  Railroad
                    Company right-of-way.

                	
                  Rich
                    & Summit

                   

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    17: All of that portion of Section 17

                  lying
                    North and West of the Union

                  Pacific
                    Railroad Company right-of-way.

                	
                  Rich
                    & Summit

                   

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    18: Lots 1(41.45), 2(41.55), 3(41.65),

                  4(41.75),
                    E2W2, E2

                	
                  Rich
                    & Summit

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    19: All of that portion of Section 19

                  lying
                    North and West of the Union

                  Pacific
                    Railroad Company right-of-way.

                	
                  Rich
                    & Summit

                   

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    30: Lot 1(41.05) and that part of Lot 2

                  lying
                    North and West of the Union

                  Pacific
                    Railroad Company right-of-way.

                	
                  Rich
                    & Summit

                   

                	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No. 21

                	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    5 North, Range 6 East, S.L.M.

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    12: All

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    5 North, Range 7 East, S.L.M.

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    2: All that part lying North and West

                  of
                    the West Bound Union Pacific

                  Railroad
                    Company right of way

                	
                  Rich
                    & Summit

                   

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    4: Lots 1(41.24), 2(41.34), 3(41.42),

                  4(41.52),
                    S2N2, S2

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    6: Lots 1(41.36), 2(40.98), 3(40.58),

                  4(40.40),
                    5(40.40), 6(40.32),

                  7(40.24),
                    S2NE, SENW, E2SW,

                  SE

                	
                  Rich

                   

                   

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    8: All

                	
                  Rich

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    10: N2NW

                	
                  Rich
                    & Summit

                	 	 	 	
                  3
                    yr opt

                	 
	 	 	 	 	
                  Section
                    18: Lots 1(39.97), 2(39.93), 3(39.88),

                  N2NE,
                    SWNE, E2NW, NESW

                	
                  Rich

                	 	
                  52393.15

                	
                  6549.144

                	
                  ext
                    4 yr

                  15%
                    roy

                	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  134-UT

                	
                  008.0004

                	
                  Property
                    Reserve, Inc., f/k/a Deseret

                  Title
                    Holding Corporation

                	
                  Billy
                    Jim Palone, d/b/a

                  Palone
                    Petroleum

                	
                  Township
                    3 North, Range 5 East, S.L.M.

                  Section
                    16: All

                	
                  Summit

                	
                  6/21/00

                	
                  640

                	
                  320

                	
                  3
                    yr opt 4

                  1/6th
                    roy

                	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  135-UT

                	
                  008.0146

                	
                  Utah
                    Bureau of Land Management

                  UTU-78954

                	
                  Billy
                    Jim Palone

                	
                  Township
                    1 North, Range 4 East, S.L.M.

                  Section
                    12: E2SW

                	
                  Summit

                	
                  8/1/00

                	 	 	 	 
	 	 	 	 	
                  Section
                    14: Lots 1, 2, NE, N2SE

                	
                  Summit

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    24: SWNE, NENW, W2W2, S2SE

                	
                  Summit

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    26: All

                	
                  Summit

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    30: Lots 1, 2, 3, 4, 6, 7, 8, 11, 12,

                  E2E2,
                    NWNE, NWSE

                	
                  Morgan
                    & Summit

                	 	
                  1959.06

                	
                  1959.06

                	
                  10
                    yr, 1/8

                	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  136-UT

                	
                  008.0147

                	
                  Utah
                    Bureau of Land Management

                  UTU-78955

                	
                  Billy
                    Jim Palone

                	
                  Township
                    2 North, Range 4 East, S.L.M.

                  Section
                    4: Lots 1, 2, 3, 4, 5,
                    6, 7, 8,
                    11, 12,

                	
                  Summit

                	
                  8/1/00

                	 	 	 	 
	 	 	 	 	
                  13,
                    14, 18, 19, 20, SW

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    8: S2N2, S2

                	
                  Morgan
                    & Summit

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    10: Lots 1, 2, 4, 5, 7, 8, 9, 10, 12, 13,

                  15,
                    16

                	
                  Summit

                	 	
                  1571.63

                	
                  1571.63

                	
                  10
                    yr, 1/8

                	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  137-UT

                	
                  008.0139

                	
                  Utah
                    Bureau of Land Management

                  UTU-78956

                	
                  Billy
                    Jim Palone

                	
                  Township
                    2 North, Range 4 East, S.L.M.

                  Section
                    14: N2, SW

                	
                  Summit

                	
                  8/1/00

                	 	 	 	 
	 	 	 	 	
                  Section
                    20: Lots 1, 7, 8, 9, 10, 13, 14, 15, 16

                	
                  Morgan

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    22: NE, N2SE, SWSE

                	
                  Summit

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    26: SESW, NESE, S2SE

                	
                  Summit

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    30: Lots 2, 3, NENE, S2NE, NENW,

                  E2SW,
                    SE

                	
                  Morgan

                	 	
                  1748.72

                	
                  1748.72

                	
                  10
                    yr, 1/8

                	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  138-UT

                	
                  008.0140

                	
                  Utah
                    Bureau of Land Management

                  UTU-78957

                	
                  Billy
                    Jim Palone

                	
                  Township
                    3 North, Range 4 East, S.L.M.

                  Section
                    6: Lots 3, 4, 5, 6, 7

                	
                  Summit

                	
                  8/1/00

                	 	 	 	 
	 	 	 	 	
                  Section
                    10: N2NE

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    12: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    14: N2NE, SENE

                	 	 	
                  1022.73

                	
                  1022.73

                	
                  10
                    yr, 1/8

                	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  139-UT

                	
                  008.0141

                	
                  Utah
                    Bureau of Land Management

                  UTU-78958

                	
                  Billy
                    Jim Palone

                	
                  Township
                    3 North, Range 4 East, S.L.M.

                  Section
                    22: Lots 5, 6, NE, N2SE

                	
                  Summit

                	
                  8/1/00

                	 	 	 	 
	 	 	 	 	
                  Section
                    26: All

                	
                  Summit

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    28: Lots 1, 2, 3, 4, NWNE, E2NW,

                  NESW

                	
                  Summit

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    30: E2SW

                	
                  Summit
                    & Morgan

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    34: Lots 2, 3, 4, W2E2, W2

                	
                  Summit

                	 	
                  1949.71

                	
                  1949.71

                	
                  10
                    yr, 1/8

                	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  140-UT

                	
                  008.0142

                	
                  Utah
                    Bureau of Land Management

                  UTU-78959

                	
                  Billy
                    Jim Palone

                	
                  Township
                    4 North, Range 4 East, S.L.M.

                  Section
                    4: Lots 2, 4, SWNW, W2SW, SESE

                	
                  Morgan

                	
                  8/1/00

                	 	 	 	 
	 	 	 	 	
                  Section
                    6: Lots 1, 2, 3, S2NE, SENW,

                  E2SW,
                    SE

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    8: Lot 1, NE, NENW, NWSW,

                  SESW

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    10: NE, N2NW, S2

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    12: NE, W2NW, SW, W2SE, SESE

                	 	 	
                  2115.65

                	
                  2115.65

                	
                  10
                    yr, 1/8

                	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  141-UT

                	
                  008.0143

                	
                  Utah
                    Bureau of Land Management

                  UTU-78960

                	
                  Billy
                    Jim Palone

                	
                  Township
                    4 North, Range 4 East, S.L.M.

                  Section
                    14: SESE

                	
                  Summit
                    & Morgan

                	
                  8/1/00

                	 	 	 	 
	 	 	 	 	
                  Section
                    24: W2E2, W2

                	
                  Summit

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    26: Lot 1, NENE, W2E2, NW, N2SW,

                  SESW,
                    SESE

                	
                  Summit

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    34: N2N2, SESW, SE

                	
                  Summit

                	 	
                  1439.37

                	
                  1439.37

                	
                  10
                    yr, 1/8

                	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  142-UT

                	
                  008.0144

                	
                  Utah
                    Bureau of Land Management

                  UTU-78961

                	
                  Billy
                    Jim Palone

                	
                  Township
                    4 North, Range 4 East, S.L.M.

                  Section
                    18: All

                	
                  Morgan

                	
                  8/1/00

                	 	 	 	 
	 	 	 	 	
                  Section
                    28: E2, E2W2

                	
                  Summit
                    & Morgan

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    30: Lots 2, 3, 4, 5, 6, 7, 8, NENE,

                  S2NE,
                    SENW, N2SE

                	
                  Summit
                    & Morgan

                	 	
                  1573.39

                	
                  1573.39

                	
                  10
                    yr, 1/8

                	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  143-UT

                	
                  008.0145

                	
                  Utah
                    Bureau of Land Management

                  UTU-78962

                	
                  Billy
                    Jim Palone

                	
                  Township
                    1 North, Range 5 East, S.L.M.

                  Section
                    6: Lots 1, 2, 3, 4, 5, 6, 7, S2NE,

                	
                  Summit

                	
                  8/1/00

                	 	 	 	 
	 	 	 	 	
                  SENW,
                    E2SW

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    18: Lots 1, 2, 3, N2NE, SENE,

                  E2W2,
                    SE

                	 	 	
                  1043.36

                	
                  1043.36

                	
                  10
                    yr, 1/8

                	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  144-UT

                	
                  008.0133

                	
                  Utah
                    Bureau of Land Management

                  UTU-78963

                	
                  Billy
                    Jim Palone

                	
                  Township
                    2 North, Range 5 East, S.L.M.

                  Section
                    4: SENW, SWSE

                	
                  Summit

                	
                  8/1/00

                	 	 	 	 
	 	 	 	 	
                  Section
                    14: W2, SE

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    22: E2NE, N2SE

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    24: NE, S2

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    26: Lots 1, 3, 4, 5, 6, E2E2

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    30: SE

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    34: S2N2, SE

                	 	 	
                  2035.6

                	
                  2035.6

                	
                  10yr,
                    1/8

                	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  145-UT

                	
                  008.0134

                	
                  Utah
                    Bureau of Land Management

                  UTU-78964

                	
                  Billy
                    Jim Palone

                	
                  Township
                    3 North, Range 5 East, S.L.M.

                  Section
                    8: N2N2, SENE, SWNW, NWSW,

                	
                  Summit

                	
                  8/1/00

                	 	 	 	 
	 	 	 	 	
                  S2S2,
                    NESE

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    10: NENE, S2NE, S2

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    12: Lots 1, 2, 3, 4, NE, E2NW,

                  SW,
                    NWSE

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    18: Lots 1, 3, 5, 6, 7, 8, 9, SENW,

                  E2SW,
                    W2SE, SESE

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    20: S2NE, SENW, S2

                	 	 	
                  2485.12

                	
                  2485.12

                	
                  10
                    yr, 1/8

                	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  146-UT

                	
                  008.0135

                	
                  Utah
                    Bureau of Land Management

                  UTU-78965

                	
                  Billy
                    Jim Palone

                	
                  Township
                    3 North, Range 5 East, S.L.M.

                  Section
                    14: All

                	
                  Summit

                	
                  8/1/00

                	 	 	 	 
	 	 	 	 	
                  Section
                    22: Lots 1, 2, 3, 4, 5, 6, S2NW,

                  SW,
                    N2SE

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    28: N2N2, SENW

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    34: All

                	 	 	
                  2044.88

                	
                  2044.88

                	
                  10
                    yr, 1/8

                	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  147-UT

                	
                  008.0136

                	
                  Utah
                    Bureau of Land Management

                  UTU-78966

                	
                  Billy
                    Jim Palone

                	
                  Township
                    4 North, Range 5 East, S.L.M.

                  Section
                    4: Lots 1, 2, 3, 4, S2N2

                	
                  Morgan

                	
                  8/1/00

                	 	 	 	 
	 	 	 	 	
                  Section
                    6: Lots 1, 2, 3, 4, 5, 6, S2NE,

                  SENW,
                    NESW, N2SE

                	
                  Morgan

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    8: NENE, SWNE, W2NW, SENW,

                  SW,
                    S2SE

                	
                  Morgan

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    10: N2, SE

                	
                  Morgan
                    & Summit

                	 	
                  1638.1

                	
                  1638.1

                	
                  10
                    yr, 1/8

                	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  148-UT

                	
                  008.0137

                	
                  Utah
                    Bureau of Land Management

                  UTU-78967

                	
                  Billy
                    Jim Palone

                	
                  Township
                    4 North, Range 5 East, S.L.M.

                  Section
                    12: All

                	
                  Summit

                	
                  8/1/00

                	 	 	 	 
	 	 	 	 	
                  Section
                    14: NE, N2NW, SENW, S2

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    22: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    26: All

                	 	 	
                  2519.08

                	
                  2519.08

                	
                  10
                    yr, 1/8

                	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  149-UT

                	
                  008.0138

                	
                  Utah
                    Bureau of Land Management

                  UTU-78968

                	
                  Billy
                    Jim Palone

                	
                  Township
                    4 North, Range 5 East, S.L.M.

                  Section
                    20: All

                	
                  Summit

                	
                  8/1/00

                	 	 	 	 
	 	 	 	 	
                  Section
                    28: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    30: SENE

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    34: All

                	 	 	
                  1959.24

                	
                  1959.24

                	
                  10
                    yr, 1/8

                	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  150-UT

                	
                  008.0030

                	
                  Utah
                    Bureau of Land Management

                  UTU-78969

                	
                  Billy
                    Jim Palone

                	
                  Township
                    5 North, Range 5 East, S.L.M.

                  Section
                    14: S2NE, W2, SE

                	
                  Morgan

                	
                  8/1/00

                	 	 	 	 
	 	 	 	 	
                  Section
                    22: NENE

                	
                  Morgan

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    24: All

                	
                  Morgan

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    26: S2NE, NW, NESW, E2SE

                	
                  Morgan
                    & Summit

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    34: NE, SENW, SESW, SWSE

                	
                  Morgan
                    & Summit

                	 	
                  1699.92

                	
                  1699.92

                	
                  10
                    yr, 1/8

                	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  151-UT

                	
                  008.0031

                	
                  Utah
                    Bureau of Land Management

                  UTU-78970

                	
                  Billy
                    Jim Palone

                	
                  Township
                    3 North, Range 6 East, S.L.M.

                  Section
                    4: Lots 1, 2, 4, S2NE, SWNW,

                	
                  Summit

                	
                  8/1/00

                	 	 	 	 
	 	 	 	 	
                  N2S2,
                    SWSW, SWSE

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    6: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    8: N2, N2S2

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    10: N2NE, SWNE, SW, E2SE

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    18: Lots 1, 2, E2NW

                	 	 	
                  2082.81

                	
                  2082.81

                	
                  10
                    yr, 1/8

                	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  152-UT

                	
                  008.0006

                	
                  Utah
                    Bureau of Land Management

                  UTU-78971

                	
                  Billy
                    Jim Palone

                	
                  Township
                    3 North, Range 6 East, S.L.M.

                  Section
                    20: NE, S2

                	
                  Summit

                	
                  8/1/00

                	 	 	 	 
	 	 	 	 	
                  Section
                    22: E2

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    28: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    30: E2E2, SESW, SWSE

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    34: S2SW, SE

                	 	 	
                  1920

                	
                  1920

                	
                  10
                    yr, 1/8

                	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  153-UT

                	
                  008.0009

                	
                  Utah
                    Bureau of Land Management

                  UTU-78972

                	
                  Billy
                    Jim Palone

                	
                  Township
                    4 North, Range 6 East, S.L.M.

                  Section
                    6: Lot 1, SENE, NESE, S2SE

                	
                  Summit

                	
                  8/1/00

                	 	 	 	 
	 	 	 	 	
                  Section
                    8: NENE, S2NE, SENW, NESW,

                  S2SW,
                    SE

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    18: Lots 1, 2, 3, 4, E2W2

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    20: E2E2, SWSE

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    30: Lots 3, 4, NENE, S2NE, SENW,

                  E2SW

                	 	 	
                  1297.14

                	
                  1297.14

                	
                  10
                    yr, 1/8

                	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  154-UT

                	
                  008.0010

                	
                  Utah
                    Bureau of Land Management

                  UTU-78973

                	
                  Billy
                    Jim Palone

                	
                  Township
                    4 North, Range 6 East, S.L.M.

                  Section
                    12: NW, NESW

                	
                  Summit

                	
                  8/1/00

                	 	 	 	 
	 	 	 	 	
                  Section
                    22: N2, SE

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    28: N2NW, S2S2, NWSE

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    34: Lots 1, 2, 3, 4, 5, 6, 7, SWNE,

                  SWNW,
                    W2SW, SESW

                	 	 	
                  1289.65

                	
                  1289.65

                	
                  10
                    yr, 1/8

                	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  155-UT

                	
                  008.0011

                	
                  Utah
                    Bureau of Land Management

                  UTU-78974

                	
                  Billy
                    Jim Palone

                	
                  Township
                    5 North, Range 6 East, S.L.M.

                  Section
                    4: All

                	
                  Morgan

                	
                  8/1/00

                	 	 	 	 
	 	 	 	 	
                  Section
                    8: N2NE, SENE, NW, S2S2, NESE

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    10: All

                	 	 	
                  1757.6

                	
                  1757.6

                	
                  10
                    yr, 1/8

                	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  156-UT

                	
                  008.0024

                	
                  Utah
                    Bureau of Land Management

                  UTU-78975

                	
                  Billy
                    Jim Palone

                	
                  Township
                    5 North, Range 6 East, S.L.M.

                  Section
                    14: NWNE, NENW, S2NW, N2SW,

                	
                  Rich
                    & Morgan

                	
                  8/1/00

                	 	 	 	 
	 	 	 	 	
                  SWSW

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    22: All

                	
                  Rich,
                    Morgan & Summit

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    26: S2NE, NW, N2SW, SWSW,

                  NWSE

                	
                  Rich
                    & Summit

                	 	 	 	 	 
	 	 	 	 	
                  Section
                    34: S2NE, S2

                	
                  Summit

                	 	
                  1720

                	
                  1720

                	
                  10
                    yr, 1/8

                	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  157-UT

                	
                  008.0033

                	
                  Utah
                    Bureau of Land Management

                  UTU-78976

                	
                  Billy
                    Jim Palone

                	
                  Township
                    5 North, Range 6 East, S.L.M.

                  Section
                    18: All

                	
                  Morgan

                	
                  8/1/00

                	 	 	 	 
	 	 	 	 	
                  Section
                    20: All

                	
                  Morgan

                	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    30: All

                	
                  Morgan
                    & Summit

                	 	
                  1926.72

                	
                  1926.72

                	
                  10
                    yr, 1/8

                	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  158-UT

                	
                  008.0012

                	
                  Utah
                    Bureau of Land Management

                  UTU-78977

                	
                  Billy
                    Jim Palone

                	
                  Township
                    7 North, Range 7 East, S.L.M.

                  Section
                    30: All

                	
                  Rich

                	
                  8/1/00

                	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    34: All

                	 	 	
                  1280.6

                	
                  1280.6

                	
                  10
                    yr, 1/8

                	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  159-UT

                	
                  008.0013

                	
                  Utah
                    Bureau of Land Management

                  UTU-78978

                	
                  Billy
                    Jim Palone

                	
                  Township
                    9 North, Range 7 East, S.L.M.

                  Section
                    1: All

                	
                  Rich

                	
                  8/1/00

                	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    24: All

                	 	 	
                  1297.82

                	
                  1297.82

                	
                  10
                    yr, 1/8

                	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  160-UT

                	
                  008.0014

                	
                  Utah
                    Bureau of Land Management

                  UTU-78979

                	
                  Billy
                    Jim Palone

                	
                  Township
                    7 North, Range 8 East, S.L.M.

                  Section
                    6: Lots 1, 2, 3, 4, Excl. ROW #8

                	
                  Rich

                	
                  8/1/00

                	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    8: S2SW

                	 	 	
                  294.04

                	
                  294.04

                	
                  10
                    yr, 1/8

                	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  161-UT

                	
                  008.0015

                	
                  Utah
                    Bureau of Land Management

                  UTU-78980

                	
                  Billy
                    Jim Palone

                	
                  Township
                    8 North, Range 8 East, S.L.M.

                  Section
                    4: All

                	
                  Rich

                	
                  8/1/00

                	 	 	 	 
	 	 	 	 	
                  Section
                    6: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    8: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    18: Lots 1, 2, 3, 4, E2, E2NW, NESW

                	 	 	
                  2026.04

                	
                  2026.04

                	
                  10
                    yr, 1/8

                	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  162-UT

                	
                  008.0016

                	
                  Utah
                    Bureau of Land Management

                  UTU-78981

                	
                  Billy
                    Jim Palone

                	
                  Township
                    8 North, Range 8 East, S.L.M.

                  Section
                    20: All, Excl. ROW #8

                	
                  Rich

                	
                  8/1/00

                	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    28: All, Excl. ROW #8

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    30: All

                	 	 	
                  1439.34

                	
                  1439.34

                	
                  10
                    yr, 1/8

                	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  163-UT

                	
                  008.0017

                	
                  Utah
                    Bureau of Land Management

                  UTU-78982

                	
                  Billy
                    Jim Palone

                	
                  Township
                    9 North, Range 8 East, S.L.M.

                  Section
                    4: All

                	
                  Rich

                	
                  8/1/00

                	 	 	 	 
	 	 	 	 	
                  Section
                    5: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    6: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    8: N2

                	 	 	
                  1802.94

                	
                  1802.94

                	
                  10
                    yr, 1/8

                	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  164-UT

                	
                  008.0018

                	
                  Utah
                    Bureau of Land Management

                  UTU-78983

                	
                  Billy
                    Jim Palone

                	
                  Township
                    10 North, Range 8 East, S.L.M.

                  Section
                    4: All

                	
                  Rich

                	
                  8/1/00

                	 	 	 	 
	 	 	 	 	
                  Section
                    5: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    8: NE, N2NW, SWNW, S2

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    9: All

                	 	 	
                  1733.65

                	
                  1733.65

                	
                  10
                    yr, 1/8

                	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  165-UT

                	
                  008.0019

                	
                  Utah
                    Bureau of Land Management

                  UTU-78984

                	
                  Billy
                    Jim Palone

                	
                  Township
                    10 North, Range 8 East, S.L.M.

                  Section
                    17: All

                	
                  Rich

                	
                  8/1/00

                	 	 	 	 
	 	 	 	 	
                  Section
                    19: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    20: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    30: All

                	 	 	
                  2560

                	
                  2560

                	
                  10
                    yr, 1/8

                	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  166-UT

                	
                  008.0021

                	
                  Utah
                    Bureau of Land Management

                  UTU-78985

                	
                  Billy
                    Jim Palone

                	
                  Township
                    10 North, Range 8 East, S.L.M.

                  Section
                    21: All

                	
                  Rich

                	
                  8/1/00

                	 	 	 	 
	 	 	 	 	
                  Section
                    28: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    29: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    31: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    33: All

                	 	 	
                  1301.79

                	
                  1301.79

                	
                  10
                    yr, 1/8

                	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  167-UT

                	
                  008.0022

                	
                  Utah
                    Bureau of Land Management

                  UTU-79019

                	
                  Billy
                    Jim Palone

                	
                  Township
                    8 North, Range 7 East, S.L.M.

                  Section
                    26: SENE, NESE, S2SE,

                	
                  Rich

                	
                  8/1/00

                	 	 	 	 
	 	 	 	 	
                  Excl.
                    ROW #8

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    28: All

                	 	 	
                  800

                	
                  800

                	
                  10
                    yr, 1/8

                	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  168-UT

                	
                  008.0023

                	
                  Utah
                    Bureau of Land Management

                  UTU-79018

                	
                  Billy
                    Jim Palone

                	
                  Township
                    8 North, Range 7 East, S.L.M.

                  Section
                    8: W2

                	
                  Rich

                	
                  8/1/00

                	 	 	 	 
	 	 	 	 	
                  Section
                    10: W2W2, SESW, Excl. ROW #8,

                  NESE,
                    S2SE

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    14: All, Excl. ROW #8

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    18: Lots 1, 2, 3, 4, E2NW

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    20: NESE, S2SE

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    22: All

                	 	 	
                  2272.24

                	
                  2272.24

                	
                  10
                    yr, 1/8

                	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  170-UT

                	
                  008.0151

                	
                  State
                    of Utah

                  Mineral
                    Lease No. 48488

                	
                  Billy
                    Jim Palone

                	
                  Township
                    3 North, Range 8 East, S.L.M.

                  Section
                    30: Lots 2, 4, SENW

                	
                  Summit

                	
                  6/14/00

                	
                  120.1

                	
                  120.1

                	
                  10
                    yr, 1/8

                	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  171-UT

                	
                  008.0164

                	
                  State
                    of Utah

                  Mineral
                    Lease No. 48491

                	
                  Billy
                    Jim Palone

                	
                  Township
                    6 North, Range 6 East, S.L.M.

                  Section
                    34: SWNE

                	
                  Morgan

                	
                  6/14/00

                	
                  40

                	
                  40

                	
                  10
                    yr, 1/8

                	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  175-UT

                   

                   

                	
                  008.0052

                	
                  Ray
                    B. Wright and Joseph Lee Wright

                  as
                    Trustees in Trust for Joseph Lee

                  Wright
                    and Descendants u/w of

                  Lawrence
                    E. B. Wright

                	
                  Billy
                    Jim Palone, d/b/a

                  Palone
                    Petroleum

                   

                	
                  Township
                    2 North, Range 5 East, S.L.M.

                  Section
                    4: NWSE, SWNE

                  Section
                    12: SESW, S2SE

                  Section
                    24: NW

                	
                  Summit

                   

                   

                	
                  5/31/00

                   

                   

                	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    3 North, Range 5 East, S.L.M.

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    2: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    10: NW, NWNE

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    4 North, Range 5 East, S.L.M.

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    36: That part lying southerly of Union

                  Pacific
                    Railroad right of way,

                  containing
                    300 acres, more or less

                	 	 	
                  1500

                	
                  250

                	
                  3
                    yr, opt

                  ext
                    4 yr

                  1/8
                    roy

                	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  175-A-UT

                	
                  008.0053

                	
                  Ray
                    B. Wright, a married man delaing

                  in
                    his sole and separate property

                	
                  Billy
                    Jim Palone, d/b/a

                  Palone
                    Pteroleum

                	
                  Township
                    2 North, Range 5 East, S.L.M.

                  Section
                    4: NWSE, SWNE

                	
                  Summit

                	
                  5/31/00

                	 	 	 	 
	 	 	 	 	
                  Section
                    12: SESW, S2SE

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    24: NW

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    3 North, Range 5 East, S.L.M.

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    2: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    10: NW, NWNE

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    4 North, Range 5 East, S.L.M.

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    36: That part lying southerly of Union

                  Pacific
                    Railroad right of way,

                  containing
                    300 acres, more or less

                	 	 	
                  1500

                	
                  250

                	
                  3
                    yr, opt

                  ext
                    4 yr

                  1/8
                    roy

                	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  175-B-UT

                	
                  008.0054

                	
                  Blanche
                    T. Wright, a widow

                	
                  Billy
                    Jim Palone, d/b/a

                  Palone
                    Pteroleum

                	
                  Township
                    2 North, Range 5 East, S.L.M.

                  Section
                    4: NWSE, SWNE

                	
                  Summit

                	
                  5/31/00

                	 	 	 	 
	 	 	 	 	
                  Section
                    12: SESW, S2SE

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    24: NW

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    3 North, Range 5 East, S.L.M.

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    2: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    10: NW, NWNE

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    4 North, Range 5 East, S.L.M.

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    36: That part lying southerly of Union

                  Pacific
                    Railroad right of way,

                  containing
                    300 acres, more or less

                	 	 	
                  1500

                	
                  250

                	
                  3
                    yr, opt

                  ext
                    4 yr

                  1/8
                    roy

                	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  175-C-UT

                	
                  008.0055

                	
                  David
                    L. Wright and Rona R. Wright,

                  husband
                    and wife

                	
                  Billy
                    Jim Palone, d/b/a

                  Palone
                    Pteroleum

                	
                  Township
                    2 North, Range 5 East, S.L.M.

                  Section
                    4: NWSE, SWNE

                	
                  Summit

                	
                  5/31/00

                	 	 	 	 
	 	 	 	 	
                  Section
                    12: SESW, S2SE

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    24: NW

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    3 North, Range 5 East, S.L.M.

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    2: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    10: NW, NWNE

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    4 North, Range 5 East, S.L.M.

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    36: That part lying southerly of Union

                  Pacific
                    Railroad right of way,

                  containing
                    300 acres, more or less

                	 	 	
                  1500

                	
                  375

                	
                  3
                    yr, opt

                  ext
                    4 yr

                  1/8
                    roy

                	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  175-D-UT

                	
                  008.0056

                	
                  Dennis
                    K. Wright and Sara C. Wright,

                  husband
                    and wife

                	
                  Billy
                    Jim Palone, d/b/a

                  Palone
                    Pteroleum

                	
                  Township
                    2 North, Range 5 East, S.L.M.

                  Section
                    4: NWSE, SWNE

                	
                  Summit

                	
                  5/31/00

                	 	 	 	 
	 	 	 	 	
                  Section
                    12: SESW, S2SE

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    24: NW

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    3 North, Range 5 East, S.L.M.

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    2: All

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    10: NW, NWNE

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    4 North, Range 5 East, S.L.M.

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    36: That part lying southerly of Union

                  Pacific
                    Railroad right of way,

                  containing
                    300 acres, more or less

                	 	 	
                  1500

                	
                  375

                	
                  3
                    yr, opt

                  ext
                    4 yr

                  1/8
                    roy

                	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  178-UT

                	
                  008.0005

                	
                  Utah
                    Bureau of Land Management

                  UTU-79126

                	
                  Billy
                    Jim Palone

                	
                  Township
                    3 North, Range 6 East, S.L.M.

                  Section
                    24: E2, E2W2

                	
                  Summit

                	
                  10/1/00

                	
                  480

                	
                  480

                	
                  10
                    yr, 1/8

                	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  188-UT

                   

                   

                	
                  008.0034

                	
                  Randy
                    Floyd Sessions, a/k/a Randy

                  F.
                    Sessions, a/k/a Randy Sessions,

                  and
                    Debora A. Sessions, husband

                  and
                    wife

                	
                  Billy
                    Jim Palone, d/b/a

                  Palone
                    Petroleum

                   

                	
                  Township
                    8 North, Range 8 East, S.L.M.

                  Section
                    29: S2

                   

                	
                  Rich

                   

                   

                	
                  8/14/00

                   

                   

                	
                  320

                	
                  160

                	
                  3
                    yr, opt

                  ext
                    4 yr

                  15%
                    roy

                	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  188-A-UT

                	
                  008.0035

                	
                  Cecil
                    Elwin Sessions, a widower

                	
                  Billy
                    Jim Palone, d/b/a

                  Palone
                    Petroleum

                	
                  Township
                    8 North, Range 8 East, S.L.M.

                  Section
                    29: S2

                	
                  Rich

                	
                  8/14/00

                	
                  320

                	
                  160

                	
                  3yr,
                    op 4

                  15%
                    roy

                	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  189-UT

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  008.0027

                	
                  Keith
                    L. Putnam as Trustee of the

                  Keith
                    L. Putnam Inter vivos Trust dated

                  June
                    7, 1994

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  Billy
                    Jim Palone, d/b/a

                  Palone
                    Petroleum

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  Township
                    9 North, Range 7 East, S.L.M.

                  Section
                    23: That part described as follows:

                  Commencing
                    at the Northeast

                  corner
                    of said Section 23 and

                  running
                    thence South 5295 feet

                  to
                    the Southeast corner of said

                  Section,
                    thence North 49 degrees

                  20
                    minutes West 1948 feet,

                  thence
                    North 62 degrees 31

                  minutes
                    West 2642 feet, thence

                  North
                    26 degrees 35 minutes

                  West
                    3132 feet and thence

                  East
                    5226 feet to the point of

                  commencing

                	
                  Rich

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  10/3/00

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  408

                	
                  153

                	
                  3
                    yr, opt

                  ext
                    4 yr

                  1/8
                    roy

                	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  189-A-UT

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  008.0028

                	
                  Erma
                    N. Putnam as Trustee of the

                  Erma
                    N. Putnam Inter Vivos Trust

                  dated
                    June 7, 1994

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  Billy
                    Jim Palone, d/b/a

                  Palone
                    Petroleum

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  Township
                    9 North, Range 7 East, S.L.M.

                  Section
                    23: That part described as follows:

                  Commencing
                    at the Northeast

                  corner
                    of said Section 23 and

                  running
                    thence South 5295 feet

                  to
                    the Southeast corner of said

                  Section,
                    thence North 49 degrees

                  20
                    minutes West 1948 feet,

                  thence
                    North 62 degrees 31

                  minutes
                    West 2642 feet, thence

                  North
                    26 degrees 35 minutes

                  West
                    3132 feet and thence

                  East
                    5226 feet to the point of

                  commencing

                	
                  Rich

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  10/3/00

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                   

                	
                  408

                	
                  153

                	
                  3
                    yr, opt

                  ext
                    4 yr

                  1/8
                    roy

                	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  190-UT

                	
                  008.0198

                	
                  Beatrice
                    R. Cato, a widow

                	
                  Billy
                    Jim Palone, d/b/a

                  Palone
                    Petroleum

                	
                  Township
                    2 North, Range 5 East, S.L.M.

                  Section
                    12: NENW, N2SE, NE

                	
                  Summit

                	
                  9/20/00

                	 	 	 	 
	 	 	 	 	
                  Section
                    26: E2NW, SWNE

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    3 North, Range 5 East, S.L.M.

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    24: N2NE, SWNE, NENW

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    26: W2

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    3 North, Range 6 East, S.L.M.

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    18: Lots 3 (35.56), 4 (35.64),

                  E2SW,
                    SE

                	 	 	 	 	
                  3
                    yr, opt

                	 
	 	 	 	 	
                  Section
                    19: N2NE

                	 	 	 	 	
                  ext
                    4 yr

                	 
	 	 	 	 	
                  Section
                    30: Lots 3 (36.42), 4 (36.28)

                	 	 	
                  1343.9

                	
                  396.45

                	
                  1/8
                    roy

                	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  190-A-UT

                	
                  008.0199

                	
                  Patricia
                    C. Hogan, a married woman

                  dealing
                    in her sole and separate Prop.

                	
                  Billy
                    Jim Palone, d/b/a

                  Palone
                    Petroleum

                	
                  Township
                    2 North, Range 5 East, S.L.M.

                  Section
                    12: NENW, N2SE, NE

                	
                  Summit

                	
                  10/20/00

                	 	 	 	 
	 	 	 	 	
                  Section
                    26: E2NW, SWNE

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    3 North, Range 5 East, S.L.M.

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    24: N2NE, SWNE, NENW

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    26: W2

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    3 North, Range 6 East, S.L.M.

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    18: Lots 3 (35.56), 4 (35.64),

                  E2SW,
                    SE

                	 	 	 	 	
                  3
                    yr, opt

                	 
	 	 	 	 	
                  Section
                    19: N2NE

                	 	 	 	 	
                  ext
                    4 yr

                	 
	 	 	 	 	
                  Section
                    30: Lots 3 (36.42), 4 (36.28)

                	 	 	
                  1343.9

                	
                  132.15

                	
                  1/8
                    roy

                	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  190-B-UT

                	
                  008.0200

                	
                  Robert
                    H. Cato, a single man

                	
                  Billy
                    Jim Palone, d/b/a

                  Palone
                    Petroleum

                	
                  Township
                    2 North, Range 5 East, S.L.M.

                  Section
                    12: NENW, N2SE, NE

                	
                  Summit

                	
                  10/20/00

                	 	 	 	 
	 	 	 	 	
                  Section
                    26: E2NW, SWNE

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    3 North, Range 5 East, S.L.M.

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    24: N2NE, SWNE, NENW

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    26: W2

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    3 North, Range 6 East, S.L.M.

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    18: Lots 3 (35.56), 4 (35.64),

                  E2SW,
                    SE

                	 	 	 	 	
                  3
                    yr, opt

                	 
	 	 	 	 	
                  Section
                    19: N2NE

                	 	 	 	 	
                  ext
                    4 yr

                	 
	 	 	 	 	
                  Section
                    30: Lots 3 (36.42), 4 (36.28)

                	 	 	
                  1343.9

                	
                  132.15

                	
                  1/8
                    roy

                	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  190-C-UT

                	
                  008.0201

                	
                  Lyzenna
                    C. Lockwood, a single woman

                	
                  Billy
                    Jim Palone, d/b/a

                  Palone
                    Petroleum

                	
                  Township
                    2 North, Range 5 East, S.L.M.

                  Section
                    12: NENW, N2SE, NE

                	
                  Summit

                	
                  10/20/00

                	 	 	 	 
	 	 	 	 	
                  Section
                    26: E2NW, SWNE

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    3 North, Range 5 East, S.L.M.

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    24: N2NE, SWNE, NENW

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    26: W2

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    3 North, Range 6 East, S.L.M.

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    18: Lots 3 (35.56), 4 (35.64),

                  E2SW,
                    SE

                	 	 	 	 	
                  3
                    yr, opt

                	 
	 	 	 	 	
                  Section
                    19: N2NE

                	 	 	 	 	
                  ext
                    4 yr

                	 
	 	 	 	 	
                  Section
                    30: Lots 3 (36.42), 4 (36.28)

                	 	 	
                  1343.9

                	
                  132.15

                	
                  1/8
                    roy

                	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  193-UT

                	
                  008.0171

                	
                  State
                    of Utah

                  Mineral
                    Lease No. 48594

                	
                  Billy
                    Jim Palone, d/b/a

                  Palone
                    Petroleum

                	
                  Township
                    2 North, Range 8 East, S.L.M.

                  Section
                    6: Lots 1, 3, 4, SENW, E2SW,

                	
                  Summit

                	
                  12/1/2000

                	 	 	
                  10
                    yr

                	 
	 	 	 	 	
                  SENE,
                    E2SE

                	 	 	
                  337.43

                	
                  337.43

                	
                  1/8
                    roy

                	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  208-UT

                	 	
                  Utah
                    Bureau of Land Management

                  UTU-75026

                	
                  Jay
                    L. Stone

                	
                  Township
                    6 North, Range 8 East, S.L.M.

                  Section
                    20: NWNW

                	
                  Rich
                    & Summit

                	
                  2/01/96

                	
                  40

                	
                  40

                	
                  10
                    yr

                  1/8
                    roy

                	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  209-UT

                	
                  008.0169

                	
                  Utah
                    Bureau of Land Management

                  UTU-75056

                	
                  M.
                    L. Farrington

                	
                  Township
                    4 North, Range 7 East, S.L.M.

                  Section
                    6: Lot 4

                	
                  Summit

                	
                  10/01/96

                   

                	 	 	
                  10
                    yr

                	 
	 	 	 	 	
                  Section
                    12: E2NW, NESW

                	 	 	
                  160.08

                	
                  160.08

                	
                  1/8
                    roy

                	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  210-UT

                	
                  008.0168

                	
                  Utah
                    Bureau of Land Management

                  UTU-75057

                	
                  M.
                    L. Farrington

                	
                  Township
                    5 North, Range 7 East, S.L.M.

                  Section
                    10: NENE

                	
                  Summit

                	
                  10/01/96

                	
                  40

                	
                  40

                	
                  10
                    yr

                  1/8
                    roy

                	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  211-UT

                	
                  008.0170

                	
                  Utah
                    Bureau of Land Management

                  UTU-75059

                	
                  Jay
                    L. Stone

                	
                  Township
                    3 North, Range 7 East, S.L.M.

                  Section
                    24: Lots 2, 6, 7, NWNE, NENW,

                	
                  Summit

                	
                  04/01/96

                	 	 	
                  10
                    yr

                	 
	 	 	 	 	
                  S2NW.

                	 	 	
                  256.5

                	
                  256.5

                	
                  1/8
                    roy

                	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  212-UT

                   

                   

                	
                  008.0172

                	
                  State
                    of Utah, Division of Forestry, Fire

                  and
                    State Lands, Department of Natural

                  Resources

                  SLA-709

                	
                  Jay
                    L. Stone

                   

                   

                	
                  Township
                    6 North, Range 8 East, S.L.M.

                  Tract
                    No 1 - A tract of land for highway known

                  as
                    Project No 80-4 situated in

                  Lot
                    4, of Section 16, T6N, R8E,

                	
                  Summit

                	
                  12/13/96

                	 	 	
                  10
                    yr

                	 
	 	 	 	 	
                  SLM.
                    Said tract of land is all that

                	 	 	 	 	
                  1/8
                    roy

                	 
	 	 	 	 	
                  portion
                    of the following described 

                	 	 	 	 	 	 
	 	 	 	 	
                  property
                    which lies within said

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    16: Beginning at a point 

                	 	 	 	 	 	 
	 	 	 	 	
                  on
                    the west boundary of the State

                	 	 	 	 	 	 
	 	 	 	 	
                  of
                    Wyoming, which point is 2196.1

                	 	 	 	 	 	 
	 	 	 	 	
                  feet
                    north from the SW corner of

                	 	 	 	 	 	 
	 	 	 	 	
                  fractional
                    Section 27, T15N, 

                	 	 	 	 	 	 
	 	 	 	 	
                  R121W,
                    of the 6th Principal 

                	 	 	 	 	 	 
	 	 	 	 	
                  Meridian,
                    in Uinta County,

                	 	 	 	 	 	 
	 	 	 	 	
                  Wyoming;
                    thence South 63 

                	 	 	 	 	 	 
	 	 	 	 	
                  degrees
                    55 minutes East 50 feet

                	 	 	 	 	 	 
	 	 	 	 	
                  along
                    the north right of way line 

                	 	 	 	 	 	 
	 	 	 	 	
                  of
                    U.S. 30 south; thence 26

                	 	 	 	 	 	 
	 	 	 	 	
                  degrees
                    05 minutes East 147 feet;

                	 	 	 	 	 	 
	 	 	 	 	
                  thence
                    North 0 degrees 38 min-

                	 	 	 	 	 	 
	 	 	 	 	
                  utes
                    East 63 feet; thence North

                	 	 	 	 	 	 
	 	 	 	 	
                  89
                    degrees 22 minutes West 171

                	 	 	 	 	 	 
	 	 	 	 	
                  feet;
                    thence South 26 degrees 05

                	 	 	 	 	 	 
	 	 	 	 	
                  minutes
                    West 128 feet, more or 

                	 	 	 	 	 	 
	 	 	 	 	
                  less,
                    to said north right of way

                	 	 	 	 	 	 
	 	 	 	 	
                  line
                    of U.S. 30 south; thence

                	 	 	 	 	 	 
	 	 	 	 	
                  South
                    63 degrees 55 minutes 

                	 	 	 	 	 	 
	 	 	 	 	
                  East
                    131 feet to the point of

                	 	 	 	 	 	 
	 	 	 	 	
                  beginning.
                    Tract contains .69

                	 	 	 	 	 	 
	 	 	 	 	
                  acres,
                    more or less.

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No 2 - Parcel No. 80-4:192:T - A parcel 

                	 	 	 	 	 	 
	 	 	 	 	
                  of
                    land in fee for a freeway known

                	 	 	 	 	 	 
	 	 	 	 	
                  as
                    Highway Project No. 80-4,

                	 	 	 	 	 	 
	 	 	 	 	
                  being
                    all of an entire tract of

                	 	 	 	 	 	 
	 	 	 	 	
                  property
                    in Sections 20, 17, and

                	 	 	 	 	 	 
	 	 	 	 	
                  16,
                    T6N, R8E, SLM, situated

                	 	 	 	 	 	 
	 	 	 	 	
                  between
                    the northerly right of way

                	 	 	 	 	 	 
	 	 	 	 	
                  line
                    of highway known as F. A.

                	 	 	 	 	 	 
	 	 	 	 	
                  Project
                    No. 60-0 (3) and the

                	 	 	 	 	 	 
	 	 	 	 	
                  southerly
                    right of way line of the

                	 	 	 	 	 	 
	 	 	 	 	
                  Union
                    Pacific Railroad, the

                	 	 	 	 	 	 
	 	 	 	 	
                  boundaries
                    of said entire tract of

                	 	 	 	 	 	 
	 	 	 	 	
                  land
                    are described as follows:

                	 	 	 	 	 	 
	 	 	 	 	
                  Beginning
                    at the intersection of 

                	 	 	 	 	 	 
	 	 	 	 	
                  the
                    south line of the NW1/4 of the

                	 	 	 	 	 	 
	 	 	 	 	
                  NW1/4
                    of said Section 20 and

                	 	 	 	 	 	 
	 	 	 	 	
                  said
                    northerly highway right of 

                	 	 	 	 	 	 
	 	 	 	 	
                  way
                    line, which point is 75 feet 

                	 	 	 	 	 	 
	 	 	 	 	
                  radially
                    distant northwesterly

                	 	 	 	 	 	 
	 	 	 	 	
                  from
                    the line of survey of said

                	 	 	 	 	 	 
	 	 	 	 	
                  highway
                    as Project No. 80-9. 

                	 	 	 	 	 	 
	 	 	 	 	
                  Said
                    point being also approxi-

                	 	 	 	 	 	 
	 	 	 	 	
                  mately
                    1320 feet north and appro-

                	 	 	 	 	 	 
	 	 	 	 	
                  ximately
                    290 feet east from the

                	 	 	 	 	 	 
	 	 	 	 	
                  west
                    quarter corner of said 

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    20; thence easterly along

                	 	 	 	 	 	 
	 	 	 	 	
                  said
                    northerly highway right of 

                	 	 	 	 	 	 
	 	 	 	 	
                  way
                    line to the Utah-Wyoming 

                	 	 	 	 	 	 
	 	 	 	 	
                  State
                    line; thence North 470 feet, 

                	 	 	 	 	 	 
	 	 	 	 	
                  more
                    or less, along said state

                	 	 	 	 	 	 
	 	 	 	 	
                  line
                    to said southerly railroad

                	 	 	 	 	 	 
	 	 	 	 	
                  right
                    of way line; thence westerly

                	 	 	 	 	 	 
	 	 	 	 	
                  along
                    said southerly railroad of

                	 	 	 	 	 	 
	 	 	 	 	
                  way
                    line to said south side line of

                	 	 	 	 	 	 
	 	 	 	 	
                  the
                    NW1/4 of the NW1/4 of 

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    20; thence East 240 feet,

                	 	 	 	 	 	 
	 	 	 	 	
                  more
                    or less, to the point of

                	 	 	 	 	 	 
	 	 	 	 	
                  beginning,
                    containing 37 acres,

                	 	 	 	 	 	 
	 	 	 	 	
                  more
                    or less.

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Also,
                    all of entire parcel of land in

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    20, 19, and 30, T6N, 

                	 	 	 	 	 	 
	 	 	 	 	
                  R8E,
                    SLM, and Sections 25 and

                	 	 	 	 	 	 
	 	 	 	 	
                  36
                    of T6N, R7E, SLM, situated

                	 	 	 	 	 	 
	 	 	 	 	
                  between
                    the northerly right of way

                	 	 	 	 	 	 
	 	 	 	 	
                  line
                    of highway known as F. A.

                	 	 	 	 	 	 
	 	 	 	 	
                  Project
                    No. 60-0 (3) and the

                	 	 	 	 	 	 
	 	 	 	 	
                  southerly
                    right of way line of the

                	 	 	 	 	 	 
	 	 	 	 	
                  Union
                    Pacific Railroad, the

                	 	 	 	 	 	 
	 	 	 	 	
                  boundaries
                    of said parcel of land

                	 	 	 	 	 	 
	 	 	 	 	
                  are
                    described as follows: 

                	 	 	 	 	 	 
	 	 	 	 	
                  Beginning
                    at the intersection of

                	 	 	 	 	 	 
	 	 	 	 	
                  the
                    south side line of the NW1/4

                	 	 	 	 	 	 
	 	 	 	 	
                  of
                    the NW1/4 of said Section 20 

                	 	 	 	 	 	 
	 	 	 	 	
                  and
                    said northerly right of way 

                	 	 	 	 	 	 
	 	 	 	 	
                  line,
                    which point is 75 feet

                	 	 	 	 	 	 
	 	 	 	 	
                  radially
                    distant northwesterly

                	 	 	 	 	 	 
	 	 	 	 	
                  from
                    the line of survey of said

                	 	 	 	 	 	 
	 	 	 	 	
                  highway
                    known as Project No.

                	 	 	 	 	 	 
	 	 	 	 	
                  80-9.
                    Said point being also

                	 	 	 	 	 	 
	 	 	 	 	
                  approximately
                    1320 feet north

                	 	 	 	 	 	 
	 	 	 	 	
                  and
                    approximately 290 feet east

                	 	 	 	 	 	 
	 	 	 	 	
                  from
                    the west quarter corner of

                	 	 	 	 	 	 
	 	 	 	 	
                  said
                    Section 20; thence westerly

                	 	 	 	 	 	 
	 	 	 	 	
                  along
                    said northerly highway right

                	 	 	 	 	 	 
	 	 	 	 	
                  of
                    way line to its intersection

                	 	 	 	 	 	 
	 	 	 	 	
                  with
                    the quarter section line of

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    36 between and NE1/4

                	 	 	 	 	 	 
	 	 	 	 	
                  and
                    the SE1/4 of said section;

                	 	 	 	 	 	 
	 	 	 	 	
                  thence
                    west along said quarter

                	 	 	 	 	 	 
	 	 	 	 	
                  section
                    line to its intersection

                	 	 	 	 	 	 
	 	 	 	 	
                  with
                    said southerly right of way

                	 	 	 	 	 	 
	 	 	 	 	
                  line
                    of the Union Pacific Railroad;

                	 	 	 	 	 	 
	 	 	 	 	
                  thence
                    easterly along said

                	 	 	 	 	 	 
	 	 	 	 	
                  southerly
                    railroad right of way

                	 	 	 	 	 	 
	 	 	 	 	
                  line
                    to its intersection with said

                	 	 	 	 	 	 
	 	 	 	 	
                  south
                    side line of the NW1/4 of 

                	 	 	 	 	 	 
	 	 	 	 	
                  the
                    NW1/4 of Section 20: thence

                	 	 	 	 	 	 
	 	 	 	 	
                  East
                    240 feet, more or less, to

                	 	 	 	 	 	 
	 	 	 	 	
                  the
                    point of beginning. The 

                	 	 	 	 	 	 
	 	 	 	 	
                  above-described
                    entire parcel of

                	 	 	 	 	 	 
	 	 	 	 	
                  land
                    contains 40 acres, more or

                	 	 	 	 	 	 
	 	 	 	 	
                  less.

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No 3 - A tract of land for highway known 

                	 	 	 	 	 	 
	 	 	 	 	
                  as
                    Project No. 80-4 situated in 

                	 	 	 	 	 	 
	 	 	 	 	
                  the
                    W1/2NW1/4 of Section 20,

                	 	 	 	 	 	 
	 	 	 	 	
                  T6N,
                    R8E, SLM. The boundaries

                	 	 	 	 	 	 
	 	 	 	 	
                  of
                    said tract of land are described

                	 	 	 	 	 	 
	 	 	 	 	
                  as
                    follows: Beginning at the 

                	 	 	 	 	 	 
	 	 	 	 	
                  intersection
                    of the southeasterly

                	 	 	 	 	 	 
	 	 	 	 	
                  right
                    of way line of the existing

                	 	 	 	 	 	 
	 	 	 	 	
                  highway
                    and the west line of said

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    20 at a point which is 119

                	 	 	 	 	 	 
	 	 	 	 	
                  feet
                    perpendicularly distant

                	 	 	 	 	 	 
	 	 	 	 	
                  southeasterly
                    from the survey

                	 	 	 	 	 	 
	 	 	 	 	
                  line
                    of said project at Engineer's

                	 	 	 	 	 	 
	 	 	 	 	
                  Station
                    939+97, said point is also

                	 	 	 	 	 	 
	 	 	 	 	
                  approximately
                    645 feet north from

                	 	 	 	 	 	 
	 	 	 	 	
                  the
                    west quarter corner of said

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    20; thence southerly 68

                	 	 	 	 	 	 
	 	 	 	 	
                  feet,
                    more or less, along said 

                	 	 	 	 	 	 
	 	 	 	 	
                  west
                    line of Section 20 to a point

                	 	 	 	 	 	 
	 	 	 	 	
                  160.0
                    feet perpendicularly distant

                	 	 	 	 	 	 
	 	 	 	 	
                  southeasterly
                    from said survey

                	 	 	 	 	 	 
	 	 	 	 	
                  line
                    at Engineer's Station 939+40;

                	 	 	 	 	 	 
	 	 	 	 	
                  thence
                    North 45 degrees 57 

                	 	 	 	 	 	 
	 	 	 	 	
                  minutes
                    East 111.9 feet; thence

                	 	 	 	 	 	 
	 	 	 	 	
                  North
                    35 degrees 39 minutes 

                	 	 	 	 	 	 
	 	 	 	 	
                  East
                    1100.0 feet; thence North 29 

                	 	 	 	 	 	 
	 	 	 	 	
                  degrees
                    31 minutes East 84.2 

                	 	 	 	 	 	 
	 	 	 	 	
                  feet
                    to said southeasterly right

                	 	 	 	 	 	 
	 	 	 	 	
                  of
                    way line at a point 171 feet

                	 	 	 	 	 	 
	 	 	 	 	
                  perpendicularly
                    distant 

                	 	 	 	 	 	 
	 	 	 	 	
                  southeasterly
                    from said survey

                	 	 	 	 	 	 
	 	 	 	 	
                  line
                    at Engineer's Station 951+51;

                	 	 	 	 	 	 
	 	 	 	 	
                  thence
                    Southwesterly 1154 feet,

                	 	 	 	 	 	 
	 	 	 	 	
                  more
                    or less, along southeasterly

                	 	 	 	 	 	 
	 	 	 	 	
                  right
                    of way line to the point of

                	 	 	 	 	 	 
	 	 	 	 	
                  beginning
                    as shown on the official

                	 	 	 	 	 	 
	 	 	 	 	
                  map
                    of said project on file in the

                	 	 	 	 	 	 
	 	 	 	 	
                  office
                    of the State Road 

                	 	 	 	 	 	 
	 	 	 	 	
                  Commission
                    of Utah. 

                	 	 	 	 	 	 
	 	 	 	 	
                  Above-described
                    tract of land

                	 	 	 	 	 	 
	 	 	 	 	
                  contains
                    1.45 acres, more or less.

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No 4 - A tract of land for highway known

                	 	 	 	 	 	 
	 	 	 	 	
                  as
                    Project No. 80-4 situated in 

                	 	 	 	 	 	 
	 	 	 	 	
                  the
                    NW1/4NE1/4, E1/2NW1/4,

                	 	 	 	 	 	 
	 	 	 	 	
                  and
                    in Lots 2, 3, and 4 of Section

                	 	 	 	 	 	 
	 	 	 	 	
                  30,
                    T6N, R8E, SLM. The

                	 	 	 	 	 	 
	 	 	 	 	
                  boundaries
                    of said tract of land

                	 	 	 	 	 	 
	 	 	 	 	
                  are
                    described as follows:

                	 	 	 	 	 	 
	 	 	 	 	
                  Beginning
                    at the intersection of 

                	 	 	 	 	 	 
	 	 	 	 	
                  the
                    southeasterly right of way

                	 	 	 	 	 	 
	 	 	 	 	
                  line
                    of the existing highway and

                	 	 	 	 	 	 
	 	 	 	 	
                  the
                    north line of said Section 30 

                	 	 	 	 	 	 
	 	 	 	 	
                  at
                    a point which is 119 feet 

                	 	 	 	 	 	 
	 	 	 	 	
                  perpendicularly
                    distant

                	 	 	 	 	 	 
	 	 	 	 	
                  southeasterly
                    from the survey

                	 	 	 	 	 	 
	 	 	 	 	
                  line
                    of said project at Engineer's

                	 	 	 	 	 	 
	 	 	 	 	
                  Station
                    899+60, said point is

                	 	 	 	 	 	 
	 	 	 	 	
                  also
                    approximately 313 feet east

                	 	 	 	 	 	 
	 	 	 	 	
                  from
                    the north quarter corner of 

                	 	 	 	 	 	 
	 	 	 	 	
                  said
                    Section 30; thence easterly

                	 	 	 	 	 	 
	 	 	 	 	
                  48
                    feet, more or less, along said

                	 	 	 	 	 	 
	 	 	 	 	
                  north
                    line of Section 30 to a point

                	 	 	 	 	 	 
	 	 	 	 	
                  160.0
                    feet perpendicularly distant

                	 	 	 	 	 	 
	 	 	 	 	
                  southeasterly
                    from said survey

                	 	 	 	 	 	 
	 	 	 	 	
                  line
                    at Engineer's Station

                	 	 	 	 	 	 
	 	 	 	 	
                  899+88;
                    thence South 35 

                	 	 	 	 	 	 
	 	 	 	 	
                  degrees
                    39 minutes West 3097.8

                	 	 	 	 	 	 
	 	 	 	 	
                  feet
                    to a point of tangency with a

                	 	 	 	 	 	 
	 	 	 	 	
                  5569.65
                    foot radius curve to the

                	 	 	 	 	 	 
	 	 	 	 	
                  left;
                    thence Southwesterly 1351.4

                	 	 	 	 	 	 
	 	 	 	 	
                  feet
                    along the arc of said curve;

                	 	 	 	 	 	 
	 	 	 	 	
                  thence
                    South 11 degrees 51

                	 	 	 	 	 	 
	 	 	 	 	
                  minutes
                    West 399.8 feet; thence

                	 	 	 	 	 	 
	 	 	 	 	
                  south
                    28 degrees 41 minutes

                	 	 	 	 	 	 
	 	 	 	 	
                  West
                    404.5 feet; thence South

                	 	 	 	 	 	 
	 	 	 	 	
                  20
                    degrees 10 minutes West 445

                	 	 	 	 	 	 
	 	 	 	 	
                  feet
                    to said existing southerly

                	 	 	 	 	 	 
	 	 	 	 	
                  right
                    of way line at a point 160.0

                	 	 	 	 	 	 
	 	 	 	 	
                  feet
                    perpendicularly distant

                	 	 	 	 	 	 
	 	 	 	 	
                  easterly
                    from said survey line

                	 	 	 	 	 	 
	 	 	 	 	
                  at
                    Engineer's Station 842+55;

                	 	 	 	 	 	 
	 	 	 	 	
                  thence
                    Northeasterly 5682 feet,

                	 	 	 	 	 	 
	 	 	 	 	
                  more
                    or less, along said existing

                	 	 	 	 	 	 
	 	 	 	 	
                  right
                    of way line to the point of

                	 	 	 	 	 	 
	 	 	 	 	
                  beginning
                    as shown on the

                	 	 	 	 	 	 
	 	 	 	 	
                  official
                    map of said project on file

                	 	 	 	 	 	 
	 	 	 	 	
                  in
                    the office of the State Road

                	 	 	 	 	 	 
	 	 	 	 	
                  Commission
                    of Utah. Above

                	 	 	 	 	 	 
	 	 	 	 	
                  described
                    tract of land contains

                	 	 	 	 	 	 
	 	 	 	 	
                  6.95
                    acres, more, or less.

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No 5 - A parcel of land situated in the

                	 	 	 	 	 	 
	 	 	 	 	
                  E1/2NE1/4
                    of Section 36, T6N,

                	 	 	 	 	 	 
	 	 	 	 	
                  R7E,
                    SLM, and in Lot 1 of Section

                	 	 	 	 	 	 
	 	 	 	 	
                  31
                    and Lot 4 of Section 30, both

                	 	 	 	 	 	 
	 	 	 	 	
                  in
                    T6N, R8E, SLM. The 

                	 	 	 	 	 	 
	 	 	 	 	
                  boundaries
                    of which are described

                	 	 	 	 	 	 
	 	 	 	 	
                  as
                    follows: Beginning on the

                	 	 	 	 	 	 
	 	 	 	 	
                  southeasterly
                    right of way line of 

                	 	 	 	 	 	 
	 	 	 	 	
                  the
                    existing highway at a point

                	 	 	 	 	 	 
	 	 	 	 	
                  160.0
                    feet perpendicularly distant

                	 	 	 	 	 	 
	 	 	 	 	
                  easterly
                    from the line of survey of

                	 	 	 	 	 	 
	 	 	 	 	
                  a
                    highway know as Project No. 

                	 	 	 	 	 	 
	 	 	 	 	
                  80-4
                    at Highway Engineer's

                	 	 	 	 	 	 
	 	 	 	 	
                  Station
                    842+55. Said point of

                	 	 	 	 	 	 
	 	 	 	 	
                  beginning
                    is approximately 429

                	 	 	 	 	 	 
	 	 	 	 	
                  feet
                    north and 170 feet east from

                	 	 	 	 	 	 
	 	 	 	 	
                  the
                    SW corner of said Section

                	 	 	 	 	 	 
	 	 	 	 	
                  30;
                    thence south 19 degrees 16

                	 	 	 	 	 	 
	 	 	 	 	
                  minutes
                    West 2668.7 feet to said

                	 	 	 	 	 	 
	 	 	 	 	
                  southeasterly
                    right of way line;

                	 	 	 	 	 	 
	 	 	 	 	
                  thence
                    northerly 2694 feet, more

                	 	 	 	 	 	 
	 	 	 	 	
                  or
                    less, along said southeasterly

                	 	 	 	 	 	 
	 	 	 	 	
                  right
                    of way line to the point of

                	 	 	 	 	 	 
	 	 	 	 	
                  beginning,
                    containing 5.60 acres,

                	 	 	 	 	 	 
	 	 	 	 	
                  more
                    or less.

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No 6 - A tract of land for highway known

                	 	 	 	 	 	 
	 	 	 	 	
                  as
                    Project No. 80-4 situated in 

                	 	 	 	 	 	 
	 	 	 	 	
                  the
                    W1/2SE1/4, NE1/4SE1/4,

                	 	 	 	 	 	 
	 	 	 	 	
                  and
                    SE1/4NE1/4 of Section 19,

                	 	 	 	 	 	 
	 	 	 	 	
                  T6N,
                    R8E, SLM. The boundaries

                	 	 	 	 	 	 
	 	 	 	 	
                  of
                    said tract of land are described

                	 	 	 	 	 	 
	 	 	 	 	
                  as
                    follows: Beginning at the

                	 	 	 	 	 	 
	 	 	 	 	
                  intersection
                    of the southeasterly

                	 	 	 	 	 	 
	 	 	 	 	
                  right
                    of way line of the existing

                	 	 	 	 	 	 
	 	 	 	 	
                  highway
                    and the east line of said

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    19 at a point which is

                	 	 	 	 	 	 
	 	 	 	 	
                  119
                    feet perpendicularly distant

                	 	 	 	 	 	 
	 	 	 	 	
                  southeasterly
                    from the survey 

                	 	 	 	 	 	 
	 	 	 	 	
                  line
                    of said project at Engineer's

                	 	 	 	 	 	 
	 	 	 	 	
                  Station
                    939+97, said point is also

                	 	 	 	 	 	 
	 	 	 	 	
                  approximately
                    645 feet north from

                	 	 	 	 	 	 
	 	 	 	 	
                  the
                    east quarter corner of said

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    19; thence southerly 68

                	 	 	 	 	 	 
	 	 	 	 	
                  feet,
                    more or less, along said

                	 	 	 	 	 	 
	 	 	 	 	
                  east
                    line of Section 19 to a point

                	 	 	 	 	 	 
	 	 	 	 	
                  160.0
                    feet perpendicularly distant

                	 	 	 	 	 	 
	 	 	 	 	
                  southeasterly
                    from said survey 

                	 	 	 	 	 	 
	 	 	 	 	
                  line
                    at Engineer's Station

                	 	 	 	 	 	 
	 	 	 	 	
                  939+40,
                    thence South

                	 	 	 	 	 	 
	 	 	 	 	
                  35
                    degrees 39 minutes West 

                	 	 	 	 	 	 
	 	 	 	 	
                  1440
                    feet; thence South 27 

                	 	 	 	 	 	 
	 	 	 	 	
                  degrees
                    06 minutes West 202.2

                	 	 	 	 	 	 
	 	 	 	 	
                  feet;
                    thence South 38 degrees

                	 	 	 	 	 	 
	 	 	 	 	
                  55
                    minutes West 500.9 feet;

                	 	 	 	 	 	 
	 	 	 	 	
                  thence
                    South 35 degrees 39

                	 	 	 	 	 	 
	 	 	 	 	
                  minutes
                    West 1812 feet to a point

                	 	 	 	 	 	 
	 	 	 	 	
                  160.0
                    feet perpendicularly distant

                	 	 	 	 	 	 
	 	 	 	 	
                  southeasterly
                    from said survey 

                	 	 	 	 	 	 
	 	 	 	 	
                  line
                    at Engineer's Station 899+88;

                	 	 	 	 	 	 
	 	 	 	 	
                  thence
                    westerly 48 feet, more or

                	 	 	 	 	 	 
	 	 	 	 	
                  less,
                    along the south line of said

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    19 to said existing

                	 	 	 	 	 	 
	 	 	 	 	
                  southeasterly
                    right of way line at

                	 	 	 	 	 	 
	 	 	 	 	
                  a
                    point 119 feet perpendicularly

                	 	 	 	 	 	 
	 	 	 	 	
                  distant
                    southeasterly from said

                	 	 	 	 	 	 
	 	 	 	 	
                  survey
                    line at Engineer's Station

                	 	 	 	 	 	 
	 	 	 	 	
                  899+60;
                    thence northeasterly

                	 	 	 	 	 	 
	 	 	 	 	
                  4037
                    feet, more, or less, along

                	 	 	 	 	 	 
	 	 	 	 	
                  said
                    existing southeasterly right

                	 	 	 	 	 	 
	 	 	 	 	
                  of
                    way line to the point of

                	 	 	 	 	 	 
	 	 	 	 	
                  beginning,
                    as shown on the official

                	 	 	 	 	 	 
	 	 	 	 	
                  map
                    of said project on file in the

                	 	 	 	 	 	 
	 	 	 	 	
                  office
                    of the State Road 

                	 	 	 	 	 	 
	 	 	 	 	
                  Commission
                    of Utah. Above

                	 	 	 	 	 	 
	 	 	 	 	
                  described
                    tract of land contains

                	 	 	 	 	 	 
	 	 	 	 	
                  3.91
                    acres, more or less.

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No 7 - Parcel No. 80-4:197:A - A parcel

                	 	 	 	 	 	 
	 	 	 	 	
                  land
                    in fee for a freeway known as

                	 	 	 	 	 	 
	 	 	 	 	
                  highway
                    Project No. 80-4 being

                	 	 	 	 	 	 
	 	 	 	 	
                  part
                    of an entire tract of property 

                	 	 	 	 	 	 
	 	 	 	 	
                  in
                    the SW1/4 of the SW1/4 and

                	 	 	 	 	 	 
	 	 	 	 	
                  in
                    Lot 4 of Section 16, T6N, R8E,

                	 	 	 	 	 	 
	 	 	 	 	
                  SLM.
                    The boundaries of said 

                	 	 	 	 	 	 
	 	 	 	 	
                  parcel
                    of land are described as

                	 	 	 	 	 	 
	 	 	 	 	
                  follows:
                    Beginning at the

                	 	 	 	 	 	 
	 	 	 	 	
                  intersection
                    of the southerly right

                	 	 	 	 	 	 
	 	 	 	 	
                  of
                    way line of the existing 

                	 	 	 	 	 	 
	 	 	 	 	
                  highway
                    and the Utah Wyoming

                	 	 	 	 	 	 
	 	 	 	 	
                  State
                    Line at a point 75 feet

                	 	 	 	 	 	 
	 	 	 	 	
                  perpendicularly
                    distant 

                	 	 	 	 	 	 
	 	 	 	 	
                  southwesterly
                    from the survey

                	 	 	 	 	 	 
	 	 	 	 	
                  line
                    of said Project at Engineer's

                	 	 	 	 	 	 
	 	 	 	 	
                  Station
                    1027+17.4, said point is

                	 	 	 	 	 	 
	 	 	 	 	
                  also
                    430.9 feet north from the SE

                	 	 	 	 	 	 
	 	 	 	 	
                  corner
                    of said Lot 4; thence South

                	 	 	 	 	 	 
	 	 	 	 	
                  0
                    degrees 2 minutes West 293.75

                	 	 	 	 	 	 
	 	 	 	 	
                  feet;
                    thence North 61 degrees 30

                	 	 	 	 	 	 
	 	 	 	 	
                  minutes
                    West 928.51 feet; thence

                	 	 	 	 	 	 
	 	 	 	 	
                  North
                    48 degrees 57 minutes

                	 	 	 	 	 	 
	 	 	 	 	
                  West
                    254.15 feet; thence North 

                	 	 	 	 	 	 
	 	 	 	 	
                  78
                    degrees 50 minutes West

                	 	 	 	 	 	 
	 	 	 	 	
                  1034
                    feet, more, or less, to the

                	 	 	 	 	 	 
	 	 	 	 	
                  west
                    line of said SW1/4 of the

                	 	 	 	 	 	 
	 	 	 	 	
                  of
                    the SW1/4; thence

                	 	 	 	 	 	 
	 	 	 	 	
                  northerly
                    262 feet, more or less,

                	 	 	 	 	 	 
	 	 	 	 	
                  along
                    said west line to the 

                	 	 	 	 	 	 
	 	 	 	 	
                  intersection
                    with said southerly

                	 	 	 	 	 	 
	 	 	 	 	
                  right
                    of way line; thence easterly

                	 	 	 	 	 	 
	 	 	 	 	
                  2183
                    feet, more or less, along

                	 	 	 	 	 	 
	 	 	 	 	
                  said
                    existing southerly right of

                	 	 	 	 	 	 
	 	 	 	 	
                  way
                    line to the pint of beginning.

                	 	 	 	 	 	 
	 	 	 	 	
                  Above-described
                    parcel of land

                	 	 	 	 	 	 
	 	 	 	 	
                  contains
                    11.67 acres, more or

                	 	 	 	 	 	 
	 	 	 	 	
                  less.

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No 8 - A tract of land for highway known

                	 	 	 	 	 	 
	 	 	 	 	
                  as
                    Project No. 80-4 situated in

                	 	 	 	 	 	 
	 	 	 	 	
                  the
                    S1/2SE1/4 of Section 17,

                	 	 	 	 	 	 
	 	 	 	 	
                  T6N,
                    R8E, SLM. The boundaries

                	 	 	 	 	 	 
	 	 	 	 	
                  of
                    said tract of land are described

                	 	 	 	 	 	 
	 	 	 	 	
                  as
                    follows: Beginning on the

                	 	 	 	 	 	 
	 	 	 	 	
                  southerly
                    right of way line of the

                	 	 	 	 	 	 
	 	 	 	 	
                  existing
                    highway at a point 160.0

                	 	 	 	 	 	 
	 	 	 	 	
                  feet
                    radially distant southerly

                	 	 	 	 	 	 
	 	 	 	 	
                  from
                    the line of survey of said 

                	 	 	 	 	 	 
	 	 	 	 	
                  Project
                    at Engineer Station 

                	 	 	 	 	 	 
	 	 	 	 	
                  981+67,
                    said point is also

                	 	 	 	 	 	 
	 	 	 	 	
                  approximately
                    700 feet north and

                	 	 	 	 	 	 
	 	 	 	 	
                  345
                    feet east from the south

                	 	 	 	 	 	 
	 	 	 	 	
                  quarter
                    corner of said Section 17;

                	 	 	 	 	 	 
	 	 	 	 	
                  thence
                    North 69 degrees 51

                	 	 	 	 	 	 
	 	 	 	 	
                  minutes
                    East 79.96 feet; thence

                	 	 	 	 	 	 
	 	 	 	 	
                  North
                    80 degrees 02 minutes

                	 	 	 	 	 	 
	 	 	 	 	
                  East
                    388.28 feet; thence North

                	 	 	 	 	 	 
	 	 	 	 	
                  74
                    degrees 34 minutes East 

                	 	 	 	 	 	 
	 	 	 	 	
                  627.41
                    feet; thence North 87

                	 	 	 	 	 	 
	 	 	 	 	
                  degrees
                    06 minutes East 289.96

                	 	 	 	 	 	 
	 	 	 	 	
                  feet;
                    thence North 87 degrees

                	 	 	 	 	 	 
	 	 	 	 	
                  57
                    minutes East 530.5 feet;

                	 	 	 	 	 	 
	 	 	 	 	
                  thence
                    South 74 degrees 37

                	 	 	 	 	 	 
	 	 	 	 	
                  minutes
                    East 245.3 feet; thence

                	 	 	 	 	 	 
	 	 	 	 	
                  South
                    78 Degrees 50 minutes

                	 	 	 	 	 	 
	 	 	 	 	
                  East
                    159 feet, more or less, to

                	 	 	 	 	 	 
	 	 	 	 	
                  the
                    east line of said Section 17;

                	 	 	 	 	 	 
	 	 	 	 	
                  thence
                    northerly 268 feet, more

                	 	 	 	 	 	 
	 	 	 	 	
                  or
                    less, along said east line of

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    17 to the intersection

                	 	 	 	 	 	 
	 	 	 	 	
                  with
                    said existing southerly right 

                	 	 	 	 	 	 
	 	 	 	 	
                  of
                    way line; thence westerly 2340

                	 	 	 	 	 	 
	 	 	 	 	
                  feet,
                    more or less, along said

                	 	 	 	 	 	 
	 	 	 	 	
                  existing
                    southerly right of way

                	 	 	 	 	 	 
	 	 	 	 	
                  line
                    to the point of beginning as

                	 	 	 	 	 	 
	 	 	 	 	
                  shown
                    on the official map of said

                	 	 	 	 	 	 
	 	 	 	 	
                  project
                    on file in the office of the

                	 	 	 	 	 	 
	 	 	 	 	
                  State
                    Road Commission of Utah.

                	 	 	 	 	 	 
	 	 	 	 	
                  Above
                    described tract of land

                	 	 	 	 	 	 
	 	 	 	 	
                  contains
                    7.40 acres, more or less.

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No 9 - Two tracts of land for highway

                	 	 	 	 	 	 
	 	 	 	 	
                  known
                    as Project No. 804

                	 	 	 	 	 	 
	 	 	 	 	
                  situated
                    in the S1/2 of Section

                	 	 	 	 	 	 
	 	 	 	 	
                  36,
                    T6N, R7E, SLM. The

                	 	 	 	 	 	 
	 	 	 	 	
                  boundaries
                    of said tracts of land

                	 	 	 	 	 	 
	 	 	 	 	
                  are
                    described as follows:

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Beginning
                    at a point on the 

                	 	 	 	 	 	 
	 	 	 	 	
                  center
                    line of survey of the

                	 	 	 	 	 	 
	 	 	 	 	
                  westbound
                    lane of said project

                	 	 	 	 	 	 
	 	 	 	 	
                  which
                    point is approximately

                	 	 	 	 	 	 
	 	 	 	 	
                  3512.8
                    feet West and 231 feet

                	 	 	 	 	 	 
	 	 	 	 	
                  North
                    41 degrees 53 minutes

                	 	 	 	 	 	 
	 	 	 	 	
                  East
                    from the SE corner of said

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    36; thence North 14

                	 	 	 	 	 	 
	 	 	 	 	
                  degrees
                    53 minutes East 327

                	 	 	 	 	 	 
	 	 	 	 	
                  feet,
                    more or less, to a 

                	 	 	 	 	 	 
	 	 	 	 	
                  Northeasterly
                    boundary line of

                	 	 	 	 	 	 
	 	 	 	 	
                  the
                    grantor's land; thence

                	 	 	 	 	 	 
	 	 	 	 	
                  Northwesterly
                    93 feet, more or

                	 	 	 	 	 	 
	 	 	 	 	
                  less,
                    along said Northeasterly

                	 	 	 	 	 	 
	 	 	 	 	
                  boundary
                    line to the

                	 	 	 	 	 	 
	 	 	 	 	
                  Southeasterly
                    right of way line of

                	 	 	 	 	 	 
	 	 	 	 	
                  existing
                    railroad; thence 

                	 	 	 	 	 	 
	 	 	 	 	
                  Southwesterly
                    428 feet, more or

                	 	 	 	 	 	 
	 	 	 	 	
                  less,
                    along said Southeasterly

                	 	 	 	 	 	 
	 	 	 	 	
                  right
                    of way line to the South

                	 	 	 	 	 	 
	 	 	 	 	
                  boundary
                    line of said grantor's

                	 	 	 	 	 	 
	 	 	 	 	
                  land;
                    thence East 160 feet, more

                	 	 	 	 	 	 
	 	 	 	 	
                  or
                    less, to the point of

                	 	 	 	 	 	 
	 	 	 	 	
                  beginning.

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Also,
                    beginning at the

                	 	 	 	 	 	 
	 	 	 	 	
                  intersection
                    of the Southeasterly

                	 	 	 	 	 	 
	 	 	 	 	
                  right
                    of way line of the existing

                	 	 	 	 	 	 
	 	 	 	 	
                  railroad
                    and the center line of the

                	 	 	 	 	 	 
	 	 	 	 	
                  west
                    bound lane of said project, 

                	 	 	 	 	 	 
	 	 	 	 	
                  which
                    point is approximately

                	 	 	 	 	 	 
	 	 	 	 	
                  961
                    feet North and 630 feet North

                	 	 	 	 	 	 
	 	 	 	 	
                  41
                    degrees 53 minutes East 

                	 	 	 	 	 	 
	 	 	 	 	
                  from
                    the S1/4 corner of said

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    36; thence Southwesterly

                	 	 	 	 	 	 
	 	 	 	 	
                  1177
                    feet, more or less, along 

                	 	 	 	 	 	 
	 	 	 	 	
                  said
                    railroad right of way to a 

                	 	 	 	 	 	 
	 	 	 	 	
                  Southwesterly
                    side line of the

                	 	 	 	 	 	 
	 	 	 	 	
                  grantor's
                    land; thence 

                	 	 	 	 	 	 
	 	 	 	 	
                  Southeasterly
                    82 feet, more or

                	 	 	 	 	 	 
	 	 	 	 	
                  less,
                    along said Southwesterly

                	 	 	 	 	 	 
	 	 	 	 	
                  boundary
                    line to said center

                	 	 	 	 	 	 
	 	 	 	 	
                  line;
                    thence North 41 degrees 53

                	 	 	 	 	 	 
	 	 	 	 	
                  minutes
                    East 1184 feet, more or

                	 	 	 	 	 	 
	 	 	 	 	
                  less,
                    to the point of beginning, 

                	 	 	 	 	 	 
	 	 	 	 	
                  as
                    shown on the official map of

                	 	 	 	 	 	 
	 	 	 	 	
                  said
                    project on file in the office of 

                	 	 	 	 	 	 
	 	 	 	 	
                  the
                    State Road Commission of 

                	 	 	 	 	 	 
	 	 	 	 	
                  Utah.
                    Above described tracts of 

                	 	 	 	 	 	 
	 	 	 	 	
                  land
                    contain 2,12 acres, more

                	 	 	 	 	 	 
	 	 	 	 	
                  or
                    less.

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No 10 A tract of land for highway known

                	 	 	 	 	 	 
	 	 	 	 	
                  as
                    Project 80-4 situated in the

                	 	 	 	 	 	 
	 	 	 	 	
                  SE1/4SW1/4,
                    W1/2SE1/4,

                	 	 	 	 	 	 
	 	 	 	 	
                  NE1/4SE1/4,
                    and SE1/4NE1/4,

                	 	 	 	 	 	 
	 	 	 	 	
                  of
                    Section 36, T6N, R7E, SLM.

                	 	 	 	 	 	 
	 	 	 	 	
                  The
                    boundaries of said tract of

                	 	 	 	 	 	 
	 	 	 	 	
                  land
                    are described as follows:

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Beginning
                    at the intersection of

                	 	 	 	 	 	 
	 	 	 	 	
                  the
                    center line of the existing 

                	 	 	 	 	 	 
	 	 	 	 	
                  highway
                    and the South line of 

                	 	 	 	 	 	 
	 	 	 	 	
                  said
                    Section 36, which point is

                	 	 	 	 	 	 
	 	 	 	 	
                  3515.5
                    feet West along said

                	 	 	 	 	 	 
	 	 	 	 	
                  South
                    line from the SE corner of

                	 	 	 	 	 	 
	 	 	 	 	
                  said
                    Section 36; thence East

                	 	 	 	 	 	 
	 	 	 	 	
                  294.5
                    feet along said South line;

                	 	 	 	 	 	 
	 	 	 	 	
                  thence
                    North 41 degrees 53 

                	 	 	 	 	 	 
	 	 	 	 	
                  minutes
                    East 3011.1 feet to a

                	 	 	 	 	 	 
	 	 	 	 	
                  point
                    of tangency with 6584.3

                	 	 	 	 	 	 
	 	 	 	 	
                  foot
                    radius curve to the left;

                	 	 	 	 	 	 
	 	 	 	 	
                  thence
                    Northeasterly 522.0 feet

                	 	 	 	 	 	 
	 	 	 	 	
                  along
                    the arc of said curve to a

                	 	 	 	 	 	 
	 	 	 	 	
                  point
                    of compound curve; thence

                	 	 	 	 	 	 
	 	 	 	 	
                  Northeasterly
                    584.1 feet along

                	 	 	 	 	 	 
	 	 	 	 	
                  arc
                    of a 5947.7 foot radius curve

                	 	 	 	 	 	 
	 	 	 	 	
                  to
                    the left; thence North 58

                	 	 	 	 	 	 
	 	 	 	 	
                  degrees
                    17 minutes 12 seconds

                	 	 	 	 	 	 
	 	 	 	 	
                  West
                    283.0 feet; thence

                	 	 	 	 	 	 
	 	 	 	 	
                  southwesterly
                    720 feet, more or

                	 	 	 	 	 	 
	 	 	 	 	
                  less,
                    along the Northwesterly

                	 	 	 	 	 	 
	 	 	 	 	
                  right
                    of way line of the existing

                	 	 	 	 	 	 
	 	 	 	 	
                  highway;
                    thence Southwesterly

                	 	 	 	 	 	 
	 	 	 	 	
                  1650
                    feet, more or less, along

                	 	 	 	 	 	 
	 	 	 	 	
                  the
                    Southeasterly right of way

                	 	 	 	 	 	 
	 	 	 	 	
                  line
                    of the Union Pacific

                	 	 	 	 	 	 
	 	 	 	 	
                  Railroad;
                    thence Southwesterly

                	 	 	 	 	 	 
	 	 	 	 	
                  1900
                    feet, more or less, along

                	 	 	 	 	 	 
	 	 	 	 	
                  said
                    center line of the existing

                	 	 	 	 	 	 
	 	 	 	 	
                  highway
                    to the point of beginning,

                	 	 	 	 	 	 
	 	 	 	 	
                  as
                    shown on the official map of

                	 	 	 	 	 	 
	 	 	 	 	
                  State
                    Road Commission of Utah.

                	 	 	 	 	 	 
	 	 	 	 	
                  Above
                    described tract of land

                	 	 	 	 	 	 
	 	 	 	 	
                  contains
                    20.36 acres, more or

                	 	 	 	 	 	 
	 	 	 	 	
                  less.

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No 11 A parcel of land situated in the

                	 	 	 	 	 	 
	 	 	 	 	
                  SE1/4SW1/4
                    of Section 36,

                	 	 	 	 	 	 
	 	 	 	 	
                  T6N,
                    R7E, SLM, the 

                	 	 	 	 	 	 
	 	 	 	 	
                  boundaries
                    of which are

                	 	 	 	 	 	 
	 	 	 	 	
                  described
                    as follows:

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Beginning
                    at the intersection of

                	 	 	 	 	 	 
	 	 	 	 	
                  the
                    South line of said Section

                	 	 	 	 	 	 
	 	 	 	 	
                  36
                    and the Southerly boundary

                	 	 	 	 	 	 
	 	 	 	 	
                  line
                    of the Union Pacific

                	 	 	 	 	 	 
	 	 	 	 	
                  Railroad
                    right of way, which point

                	 	 	 	 	 	 
	 	 	 	 	
                  is
                    approximately 1025 feet West

                	 	 	 	 	 	 
	 	 	 	 	
                  from
                    the SE corner of said 

                	 	 	 	 	 	 
	 	 	 	 	
                  SE1/4SW1/4;
                    thence 

                	 	 	 	 	 	 
	 	 	 	 	
                  Northeasterly
                    15 rods along said

                	 	 	 	 	 	 
	 	 	 	 	
                  right
                    of way line; thence East 5

                	 	 	 	 	 	 
	 	 	 	 	
                  rods;
                    thence Southwesterly 15

                	 	 	 	 	 	 
	 	 	 	 	
                  rods
                    to said South line; thence

                	 	 	 	 	 	 
	 	 	 	 	
                  West
                    5 rods to the point of

                	 	 	 	 	 	 
	 	 	 	 	
                  beginning,
                    containing 0.46 acre.

                	 	 	
                  137.61

                	
                  137.61

                	 	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  213-UT

                   

                   

                	 	
                  State
                    of Utah, Division of Forestry, Fire

                  and
                    State Lands, Department of Natural

                  Resources

                  SLA-711

                	
                  Jay
                    L. Stone

                   

                   

                	
                  Township
                    5 North, Range 7 East, SLM

                  Tract
                    No 1 - That portion of the following 

                  described
                    tract situated in 

                  Section
                    2 and 11, Township 5

                	
                  Summit

                   

                   

                	
                  01/09/97

                   

                   

                	 	 	 	 
	 	 	 	 	
                  North,
                    Range 7 East, SLM:

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  A
                    tract of land for highway known

                	 	 	 	 	 	 
	 	 	 	 	
                  as
                    Project 80-4 situated in the

                	 	 	 	 	 	 
	 	 	 	 	
                  SW1/4NW1/4
                    and the

                	 	 	 	 	 	 
	 	 	 	 	
                  N1/2NW1/4
                    of Section 11, 

                	 	 	 	 	 	 
	 	 	 	 	
                  and
                    the SE1/4SW1/4 and

                	 	 	 	 	 	 
	 	 	 	 	
                  SE1/4
                    of Section 2,

                	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    5 North, Range 7

                	 	 	 	 	 	 
	 	 	 	 	
                  East,
                    SLM. The boundaries

                	 	 	 	 	 	 
	 	 	 	 	
                  of
                    said tract are described as

                	 	 	 	 	 	 
	 	 	 	 	
                  follows:

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Beginning
                    at the intersection of 

                	 	 	 	 	 	 
	 	 	 	 	
                  the
                    west line of said Section 11

                	 	 	 	 	 	 
	 	 	 	 	
                  and
                    the center line of the existing

                	 	 	 	 	 	 
	 	 	 	 	
                  highway,
                    which point is 2242.1

                	 	 	 	 	 	 
	 	 	 	 	
                  feet
                    South from the NW corner of

                	 	 	 	 	 	 
	 	 	 	 	
                  said
                    Section 11; thence South

                	 	 	 	 	 	 
	 	 	 	 	
                  418.4
                    feet along said West line;

                	 	 	 	 	 	 
	 	 	 	 	
                  thence
                    North 17 degrees 39

                	 	 	 	 	 	 
	 	 	 	 	
                  East
                    450.7 feet to a point

                	 	 	 	 	 	 
	 	 	 	 	
                  tangency
                    with a spiral; thence

                	 	 	 	 	 	 
	 	 	 	 	
                  Northerly
                    155.9 feet along the arc

                	 	 	 	 	 	 
	 	 	 	 	
                  of
                    said spiral which is concentric

                	 	 	 	 	 	 
	 	 	 	 	
                  with
                    and 130.0 feet distant

                	 	 	 	 	 	 
	 	 	 	 	
                  easterly
                    from a 160.0 foot

                	 	 	 	 	 	 
	 	 	 	 	
                  ten-cord
                    spiral for a 2015 feet

                	 	 	 	 	 	 
	 	 	 	 	
                  curve
                    to the right; thence

                	 	 	 	 	 	 
	 	 	 	 	
                  Northeasterly
                    1677.8 feet along

                	 	 	 	 	 	 
	 	 	 	 	
                  the
                    arc of a 2416.6 foot radius

                	 	 	 	 	 	 
	 	 	 	 	
                  curve
                    to the right; thence North

                	 	 	 	 	 	 
	 	 	 	 	
                  67
                    degrees 46 minutes East 

                	 	 	 	 	 	 
	 	 	 	 	
                  156.9
                    feet; thence North 63 

                	 	 	 	 	 	 
	 	 	 	 	
                  degrees
                    50 minutes East 1127.3 

                	 	 	 	 	 	 
	 	 	 	 	
                  feet;
                    thence North 61 degrees 02 

                	 	 	 	 	 	 
	 	 	 	 	
                  minutes
                    East 307.6 feet; thence

                	 	 	 	 	 	 
	 	 	 	 	
                  North
                    47 degrees 58 minutes

                	 	 	 	 	 	 
	 	 	 	 	
                  30
                    seconds East 417.1 feet;

                	 	 	 	 	 	 
	 	 	 	 	
                  thence
                    Northeasterly 832.0 feet

                	 	 	 	 	 	 
	 	 	 	 	
                  along
                    the arc of a 2994.9 foot

                	 	 	 	 	 	 
	 	 	 	 	
                  radius
                    curve to the left to a 

                	 	 	 	 	 	 
	 	 	 	 	
                  point
                    of curve to spiral (Note:

                	 	 	 	 	 	 
	 	 	 	 	
                  Tangent
                    to said curve at its point

                	 	 	 	 	 	 
	 	 	 	 	
                  of
                    beginning bears North 54 

                	 	 	 	 	 	 
	 	 	 	 	
                  degrees
                    35 minutes East); 

                	 	 	 	 	 	 
	 	 	 	 	
                  thence
                    Northeasterly 143.2 feet

                	 	 	 	 	 	 
	 	 	 	 	
                  along
                    the acr of a spiral which

                	 	 	 	 	 	 
	 	 	 	 	
                  is
                    concentric with and 130.0 feet

                	 	 	 	 	 	 
	 	 	 	 	
                  radially
                    distant southeasterly 

                	 	 	 	 	 	 
	 	 	 	 	
                  from
                    a 140.0 foot ten-chord

                	 	 	 	 	 	 
	 	 	 	 	
                  spiral
                    for a 2000 feet curve;

                	 	 	 	 	 	 
	 	 	 	 	
                  thence
                    North 37 degrees 16

                	 	 	 	 	 	 
	 	 	 	 	
                  minutes
                    East 1382.0 feet to a

                	 	 	 	 	 	 
	 	 	 	 	
                  point
                    of tangency with a 22788.3

                	 	 	 	 	 	 
	 	 	 	 	
                  foot
                    radius curve to the right;

                	 	 	 	 	 	 
	 	 	 	 	
                  thence
                    Northeasterly 880 feet,

                	 	 	 	 	 	 
	 	 	 	 	
                  more
                    or less, along the arc of 

                	 	 	 	 	 	 
	 	 	 	 	
                  said
                    22788.3 foot radius curve;

                	 	 	 	 	 	 
	 	 	 	 	
                  thence
                    South 89 degrees 51

                	 	 	 	 	 	 
	 	 	 	 	
                  minutes
                    West 445 feet, more or 

                	 	 	 	 	 	 
	 	 	 	 	
                  less,
                    along the northerly

                	 	 	 	 	 	 
	 	 	 	 	
                  boundary
                    line of the grantors

                	 	 	 	 	 	 
	 	 	 	 	
                  land;
                    thence South 36 degrees

                	 	 	 	 	 	 
	 	 	 	 	
                  23
                    minutes West 1095.2 feet

                	 	 	 	 	 	 
	 	 	 	 	
                  along
                    a northwesterly boundary

                	 	 	 	 	 	 
	 	 	 	 	
                  line
                    of said grantors land; thence

                	 	 	 	 	 	 
	 	 	 	 	
                  South
                    56 degrees 01 minutes

                	 	 	 	 	 	 
	 	 	 	 	
                  West
                    526.5 feet along a 

                	 	 	 	 	 	 
	 	 	 	 	
                  northwesterly
                    boundary line of

                	 	 	 	 	 	 
	 	 	 	 	
                  said
                    grantors land; thence South

                	 	 	 	 	 	 
	 	 	 	 	
                  60
                    degrees 19 minutes West 

                	 	 	 	 	 	 
	 	 	 	 	
                  1944
                    feet along a northwesterly

                	 	 	 	 	 	 
	 	 	 	 	
                  boundary
                    line of said grantors

                	 	 	 	 	 	 
	 	 	 	 	
                  land;
                    thence Southwesterly 800

                	 	 	 	 	 	 
	 	 	 	 	
                  feet,
                    more or less, along the arc

                	 	 	 	 	 	 
	 	 	 	 	
                  of
                    a 5859.6 foot radius curve to

                	 	 	 	 	 	 
	 	 	 	 	
                  the
                    left (Note: Tangent to said 

                	 	 	 	 	 	 
	 	 	 	 	
                  curve
                    at its point of beginning 

                	 	 	 	 	 	 
	 	 	 	 	
                  bears
                    South 51 degrees 43

                	 	 	 	 	 	 
	 	 	 	 	
                  minutes
                    West); thence East

                	 	 	 	 	 	 
	 	 	 	 	
                  1190
                    feet, more or less, along 

                	 	 	 	 	 	 
	 	 	 	 	
                  South
                    line of said Section 2;

                	 	 	 	 	 	 
	 	 	 	 	
                  thence
                    Southwesterly 3395 feet,

                	 	 	 	 	 	 
	 	 	 	 	
                  more
                    or less, along said center

                	 	 	 	 	 	 
	 	 	 	 	
                  line
                    of the existing highway to 

                	 	 	 	 	 	 
	 	 	 	 	
                  the
                    point of beginning as shown

                	 	 	 	 	 	 
	 	 	 	 	
                  on
                    the official map of said project

                	 	 	 	 	 	 
	 	 	 	 	
                  on
                    file in the office of the State 

                	 	 	 	 	 	 
	 	 	 	 	
                  Commission
                    of Utah. Above

                	 	 	 	 	 	 
	 	 	 	 	
                  described
                    tract of land contains

                	 	 	 	 	 	 
	 	 	 	 	
                  63.53
                    acres, more or less.

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No 2 - That portion of the following

                	 	 	 	 	 	 
	 	 	 	 	
                  described
                    tract situated in 

                	 	 	 	 	 	 
	 	 	 	 	
                  Sections
                    10 and 15, Township

                	 	 	 	 	 	 
	 	 	 	 	
                  5
                    North, Range 7 East, SLM.

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  A
                    tract of land for highway known

                	 	 	 	 	 	 
	 	 	 	 	
                  as
                    Project 80-4 situated in the

                	 	 	 	 	 	 
	 	 	 	 	
                  SE1/4SW1/4,
                    W1/2E1/2, and

                	 	 	 	 	 	 
	 	 	 	 	
                  E1/2NE14
                    of Section 15, and the

                	 	 	 	 	 	 
	 	 	 	 	
                  E1/2SE1/4
                    and SE1/4NE1/4 of 

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    10, and the

                	 	 	 	 	 	 
	 	 	 	 	
                  SW1/4NW1/4
                    of Section 11,

                	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    5 North, Range 7 East,

                	 	 	 	 	 	 
	 	 	 	 	
                  SLM.
                    The boundaries of said

                	 	 	 	 	 	 
	 	 	 	 	
                  tract
                    of land are described as

                	 	 	 	 	 	 
	 	 	 	 	
                  follows:

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Beginning
                    at the intersection of

                	 	 	 	 	 	 
	 	 	 	 	
                  the
                    center line of the existing

                	 	 	 	 	 	 
	 	 	 	 	
                  highway
                    and the south line of,

                	 	 	 	 	 	 
	 	 	 	 	
                  said
                    Section 15, which point is

                	 	 	 	 	 	 
	 	 	 	 	
                  2660.6
                    feet East from the SW 

                	 	 	 	 	 	 
	 	 	 	 	
                  corner
                    of said Section 15; thence

                	 	 	 	 	 	 
	 	 	 	 	
                  West
                    275.2 feet along said south

                	 	 	 	 	 	 
	 	 	 	 	
                  line;
                    thence Northeasterly 148.9

                	 	 	 	 	 	 
	 	 	 	 	
                  feet
                    along the arc of a 5859.6 foot

                	 	 	 	 	 	 
	 	 	 	 	
                  radius
                    curve to the right (Note:

                	 	 	 	 	 	 
	 	 	 	 	
                  Tangent
                    to said curve at its point

                	 	 	 	 	 	 
	 	 	 	 	
                  of
                    beginning bears North 30

                	 	 	 	 	 	 
	 	 	 	 	
                  degrees
                    22 minutes East);

                	 	 	 	 	 	 
	 	 	 	 	
                  thence
                    North 31 degrees 57

                	 	 	 	 	 	 
	 	 	 	 	
                  minutes
                    East 1156.0 feet to a

                	 	 	 	 	 	 
	 	 	 	 	
                  point
                    of tangency with a spiral 

                	 	 	 	 	 	 
	 	 	 	 	
                  to
                    the left; thence Northwesterly 

                	 	 	 	 	 	 
	 	 	 	 	
                  196.6
                    feet along the arc of said

                	 	 	 	 	 	 
	 	 	 	 	
                  spiral,
                    which is concentric with

                	 	 	 	 	 	 
	 	 	 	 	
                  and
                    130.0 feet radially distant 

                	 	 	 	 	 	 
	 	 	 	 	
                  northwesterly
                    from a 200.0

                	 	 	 	 	 	 
	 	 	 	 	
                  foot
                    ten-chord spiral for a 1030

                	 	 	 	 	 	 
	 	 	 	 	
                  feet
                    curve to the left; thence

                	 	 	 	 	 	 
	 	 	 	 	
                  Northeasterly
                    1414.6 feet along

                	 	 	 	 	 	 
	 	 	 	 	
                  the
                    arc of a 3689.8 foot radius

                	 	 	 	 	 	 
	 	 	 	 	
                  curve
                    to the left to a point of

                	 	 	 	 	 	 
	 	 	 	 	
                  curve
                    to spiral; thence Northerly

                	 	 	 	 	 	 
	 	 	 	 	
                  196.6
                    feet along the arc of said 

                	 	 	 	 	 	 
	 	 	 	 	
                  spiral,
                    which is concentric with

                	 	 	 	 	 	 
	 	 	 	 	
                  and
                    130.0 feet radially distant

                	 	 	 	 	 	 
	 	 	 	 	
                  westerly
                    from a 200.0 foot 

                	 	 	 	 	 	 
	 	 	 	 	
                  tenchord
                    spiral for said 1030 foot

                	 	 	 	 	 	 
	 	 	 	 	
                  curve;
                    thence North 6059 feet

                	 	 	 	 	 	 
	 	 	 	 	
                  East
                    809.6 feet to a point of

                	 	 	 	 	 	 
	 	 	 	 	
                  tangency
                    with a 11589.2 foot

                	 	 	 	 	 	 
	 	 	 	 	
                  radius
                    curve to the right; thence

                	 	 	 	 	 	 
	 	 	 	 	
                  Northerly
                    582.5 feet along the

                	 	 	 	 	 	 
	 	 	 	 	
                  arc
                    of said 11589 foot radius 

                	 	 	 	 	 	 
	 	 	 	 	
                  curve;
                    thence North 0 degrees 

                	 	 	 	 	 	 
	 	 	 	 	
                  56'
                    West 154.8 feet; thence

                	 	 	 	 	 	 
	 	 	 	 	
                  North
                    22 degrees 10 minutes

                	 	 	 	 	 	 
	 	 	 	 	
                  East
                    154.8 feet; thence 1268.2

                	 	 	 	 	 	 
	 	 	 	 	
                  feet
                    along the arc of a 11589.2

                	 	 	 	 	 	 
	 	 	 	 	
                  foot
                    radius curve to the right;

                	 	 	 	 	 	 
	 	 	 	 	
                  thence
                    North 17 degrees 38

                	 	 	 	 	 	 
	 	 	 	 	
                  minutes
                    East Back, which 

                	 	 	 	 	 	 
	 	 	 	 	
                  equals
                    North 17degrees 39

                	 	 	 	 	 	 
	 	 	 	 	
                  minutes
                    East Ahead 1095.8 feet;

                	 	 	 	 	 	 
	 	 	 	 	
                  thence
                    North 6048 feet West

                	 	 	 	 	 	 
	 	 	 	 	
                  120.8
                    feet; thence North 28 

                	 	 	 	 	 	 
	 	 	 	 	
                  degrees
                    48 minutes East 361.8

                	 	 	 	 	 	 
	 	 	 	 	
                  feet;
                    thence North 17 degrees

                	 	 	 	 	 	 
	 	 	 	 	
                  39
                    minutes East 1099.6 feet to

                	 	 	 	 	 	 
	 	 	 	 	
                  a
                    point of tangency with a

                	 	 	 	 	 	 
	 	 	 	 	
                  5839.6
                    foot radius curve to the 

                	 	 	 	 	 	 
	 	 	 	 	
                  right;
                    thence Northeasterly

                	 	 	 	 	 	 
	 	 	 	 	
                  698.6
                    feet along the arc of said

                	 	 	 	 	 	 
	 	 	 	 	
                  5839.6
                    foot radius curve; thence

                	 	 	 	 	 	 
	 	 	 	 	
                  North
                    3039 feet East 109.8 feet;

                	 	 	 	 	 	 
	 	 	 	 	
                  thence
                    North 37 degrees 03 

                	 	 	 	 	 	 
	 	 	 	 	
                  minutes
                    East 104.4 feet; thence

                	 	 	 	 	 	 
	 	 	 	 	
                  Northeasterly
                    321 feet, more or

                	 	 	 	 	 	 
	 	 	 	 	
                  less,
                    along th arc of a 5859.6

                	 	 	 	 	 	 
	 	 	 	 	
                  foot
                    radius curve to the right

                	 	 	 	 	 	 
	 	 	 	 	
                  (Note:
                    Tangent to said curve at

                	 	 	 	 	 	 
	 	 	 	 	
                  its
                    point of beginnig bears North

                	 	 	 	 	 	 
	 	 	 	 	
                  26
                    degrees 30 minutes East);

                	 	 	 	 	 	 
	 	 	 	 	
                  thence
                    Southeasterly 227 feet,

                	 	 	 	 	 	 
	 	 	 	 	
                  more
                    or less, along the 

                	 	 	 	 	 	 
	 	 	 	 	
                  northeasterly
                    boundary line of

                	 	 	 	 	 	 
	 	 	 	 	
                  the
                    grantors land; thence 

                	 	 	 	 	 	 
	 	 	 	 	
                  Southwesterly
                    along said center

                	 	 	 	 	 	 
	 	 	 	 	
                  line
                    of existing highway to the

                	 	 	 	 	 	 
	 	 	 	 	
                  point
                    of beginning as shown on 

                	 	 	 	 	 	 
	 	 	 	 	
                  the
                    official map of said project 

                	 	 	 	 	 	 
	 	 	 	 	
                  on
                    file in the office of the State

                	 	 	 	 	 	 
	 	 	 	 	
                  Road
                    Commission of Utah.

                	 	 	 	 	 	 
	 	 	 	 	
                  Above
                    described tract of land

                	 	 	 	 	 	 
	 	 	 	 	
                  contains
                    51.96 acres, more 

                	 	 	 	 	 	 
	 	 	 	 	
                  or
                    less.

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No 3 - A tract of land for highway known

                	 	 	 	 	 	 
	 	 	 	 	
                  as
                    Project No. 80-4 situated in the

                	 	 	 	 	 	 
	 	 	 	 	
                  E1/2SE1/4
                    and SE1/4NE1/4 of

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    10, Township 5 North, 

                	 	 	 	 	 	 
	 	 	 	 	
                  Range
                    7 East, SLM. Said tract 

                	 	 	 	 	 	 
	 	 	 	 	
                  of
                    land is bounded on the easterly 

                	 	 	 	 	 	 
	 	 	 	 	
                  side
                    by a line parallel to and 130.0

                	 	 	 	 	 	 
	 	 	 	 	
                  feet
                    distant easterly from the

                	 	 	 	 	 	 
	 	 	 	 	
                  center
                    line of survey of said project

                	 	 	 	 	 	 
	 	 	 	 	
                  and
                    bounded westerly from said

                	 	 	 	 	 	 
	 	 	 	 	
                  easterly
                    side line by the east and

                	 	 	 	 	 	 
	 	 	 	 	
                  south
                    lines of said Section 10 and

                	 	 	 	 	 	 
	 	 	 	 	
                  the
                    center line of the existing

                	 	 	 	 	 	 
	 	 	 	 	
                  highway.
                    The boundaries of said

                	 	 	 	 	 	 
	 	 	 	 	
                  tract
                    of land are described as

                	 	 	 	 	 	 
	 	 	 	 	
                  follows:

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Beginning
                    at the intersection of

                	 	 	 	 	 	 
	 	 	 	 	
                  said
                    east line and said center line

                	 	 	 	 	 	 
	 	 	 	 	
                  of
                    the existing highway, which

                	 	 	 	 	 	 
	 	 	 	 	
                  point
                    is 2242.1 feet south along 

                	 	 	 	 	 	 
	 	 	 	 	
                  said
                    east line and said east line

                	 	 	 	 	 	 
	 	 	 	 	
                  from
                    the NE corner of said Section

                	 	 	 	 	 	 
	 	 	 	 	
                  10;
                    thence South 418.4 feet along

                	 	 	 	 	 	 
	 	 	 	 	
                  said
                    east line; thence South 17 

                	 	 	 	 	 	 
	 	 	 	 	
                  degrees
                    38 minutes West 2539.5

                	 	 	 	 	 	 
	 	 	 	 	
                  feet
                    along said easterly side line 

                	 	 	 	 	 	 
	 	 	 	 	
                  to
                    a point of tanagency with a

                	 	 	 	 	 	 
	 	 	 	 	
                  11329.2
                    foot radius curve to the

                	 	 	 	 	 	 
	 	 	 	 	
                  left;
                    thence southerly 375 feet,

                	 	 	 	 	 	 
	 	 	 	 	
                  more
                    or less, along the arc of said

                	 	 	 	 	 	 
	 	 	 	 	
                  curve;
                    thence West 136 feet, more

                	 	 	 	 	 	 
	 	 	 	 	
                  or
                    less, along said south line;

                	 	 	 	 	 	 
	 	 	 	 	
                  thence
                    Northerly 3340 feet, more

                	 	 	 	 	 	 
	 	 	 	 	
                  or
                    less, along said center line of 

                	 	 	 	 	 	 
	 	 	 	 	
                  the
                    existing highway to the point

                	 	 	 	 	 	 
	 	 	 	 	
                  beginning
                    as shown on the official

                	 	 	 	 	 	 
	 	 	 	 	
                  map
                    of said project on file in the

                	 	 	 	 	 	 
	 	 	 	 	
                  office
                    of the State Road

                	 	 	 	 	 	 
	 	 	 	 	
                  Commission
                    of Utah. Above 

                	 	 	 	 	 	 
	 	 	 	 	
                  described
                    tract of land contains

                	 	 	 	 	 	 
	 	 	 	 	
                  9.36
                    acres, more or less.

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No 4 - That portion of the following

                	 	 	 	 	 	 
	 	 	 	 	
                  described
                    tract situated in 

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    22, Township 5 North,

                	 	 	 	 	 	 
	 	 	 	 	
                  Range
                    7 East, SLM:

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  A
                    tract of land for highway know

                	 	 	 	 	 	 
	 	 	 	 	
                  Project
                    No. 80-4 situated in the

                	 	 	 	 	 	 
	 	 	 	 	
                  NW1/4NW1/4
                    of Section 27,

                	 	 	 	 	 	 
	 	 	 	 	
                  and
                    the W/12SW1/4,

                	 	 	 	 	 	 
	 	 	 	 	
                  NE1/4SW1/4,
                    E1/2NW1/4, and

                	 	 	 	 	 	 
	 	 	 	 	
                  NW1/4NE1/4
                    of Section 22,

                	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    5 North, Range 7 East,

                	 	 	 	 	 	 
	 	 	 	 	
                  SLM.

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Beginning
                    at the intersection of

                	 	 	 	 	 	 
	 	 	 	 	
                  the
                    center line of survey of the

                	 	 	 	 	 	 
	 	 	 	 	
                  west
                    bound traffic lanes of said

                	 	 	 	 	 	 
	 	 	 	 	
                  project
                    and the west line of said 

                	 	 	 	 	 	 
	 	 	 	 	
                  said
                    Section 27, which point is

                	 	 	 	 	 	 
	 	 	 	 	
                  point
                    is 826.5 feet south from the

                	 	 	 	 	 	 
	 	 	 	 	
                  NW
                    corner of said Section 27;

                	 	 	 	 	 	 
	 	 	 	 	
                  thence
                    North 313.9 feet along

                	 	 	 	 	 	 
	 	 	 	 	
                  said
                    west line; thence North 24

                	 	 	 	 	 	 
	 	 	 	 	
                  degrees
                    54 minutes East 2474.0

                	 	 	 	 	 	 
	 	 	 	 	
                  feet
                    to a point of tangency with

                	 	 	 	 	 	 
	 	 	 	 	
                  a
                    11329.2 foot radius curve to the

                	 	 	 	 	 	 
	 	 	 	 	
                  left;
                    thence Northeasterly 835.7

                	 	 	 	 	 	 
	 	 	 	 	
                  feet
                    along the arc of said curve;

                	 	 	 	 	 	 
	 	 	 	 	
                  thence
                    North 8037 feet East

                	 	 	 	 	 	 
	 	 	 	 	
                  600.4
                    feet; thence North 3 

                	 	 	 	 	 	 
	 	 	 	 	
                  degrees
                    17 minutes West 156.5

                	 	 	 	 	 	 
	 	 	 	 	
                  feet;
                    thence North 25 degrees

                	 	 	 	 	 	 
	 	 	 	 	
                  53
                    minutes East 964.2 feet;

                	 	 	 	 	 	 
	 	 	 	 	
                  thence
                    Northeasterly 1282 feet,

                	 	 	 	 	 	 
	 	 	 	 	
                  more
                    or less, along the arc of a

                	 	 	 	 	 	 
	 	 	 	 	
                  5859.6
                    foot radius curve to the

                	 	 	 	 	 	 
	 	 	 	 	
                  right
                    (Note: Tangent to said curve

                	 	 	 	 	 	 
	 	 	 	 	
                  at
                    its point of beginning bears 

                	 	 	 	 	 	 
	 	 	 	 	
                  North
                    17 degrees 57 minutes

                	 	 	 	 	 	 
	 	 	 	 	
                  East);
                    thence East 426.0 feet

                	 	 	 	 	 	 
	 	 	 	 	
                  along
                    the north line of said 

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    22; thence South 31 

                	 	 	 	 	 	 
	 	 	 	 	
                  degrees
                    57 minutes West 101.7

                	 	 	 	 	 	 
	 	 	 	 	
                  feet
                    to a point of tangency with a

                	 	 	 	 	 	 
	 	 	 	 	
                  5599.6
                    foot radius curve to the

                	 	 	 	 	 	 
	 	 	 	 	
                  left;
                    thence Southwesterly 1609.3 

                	 	 	 	 	 	 
	 	 	 	 	
                  feet
                    along the arc of said curve;

                	 	 	 	 	 	 
	 	 	 	 	
                  thence
                    South 15 degrees 29

                	 	 	 	 	 	 
	 	 	 	 	
                  minutes
                    West 258.9 feet; thence

                	 	 	 	 	 	 
	 	 	 	 	
                  South
                    3 degrees 10 minutes East

                	 	 	 	 	 	 
	 	 	 	 	
                  356.3
                    feet; thence South 17

                	 	 	 	 	 	 
	 	 	 	 	
                  degrees
                    53 minutes West 224.8

                	 	 	 	 	 	 
	 	 	 	 	
                  feet;
                    thence South 39 degrees

                	 	 	 	 	 	 
	 	 	 	 	
                  32
                    minutes West 271.6 feet;

                	 	 	 	 	 	 
	 	 	 	 	
                  thence
                    North 70 degrees 19

                	 	 	 	 	 	 
	 	 	 	 	
                  minutes
                    West 75.0 feet; thence

                	 	 	 	 	 	 
	 	 	 	 	
                  Southwesterly
                    1050.2 feet along

                	 	 	 	 	 	 
	 	 	 	 	
                  the
                    arc of a 11539.2 foot radius

                	 	 	 	 	 	 
	 	 	 	 	
                  curve
                    to the right (Note: Tangent 

                	 	 	 	 	 	 
	 	 	 	 	
                  to
                    said curve at its point of 

                	 	 	 	 	 	 
	 	 	 	 	
                  beginning
                    bears South 19 degrees

                	 	 	 	 	 	 
	 	 	 	 	
                  41
                    minutes West); thence South

                	 	 	 	 	 	 
	 	 	 	 	
                  24
                    degrees 54 minutes West 

                	 	 	 	 	 	 
	 	 	 	 	
                  3330
                    feet, more or less; thence

                	 	 	 	 	 	 
	 	 	 	 	
                  North
                    468.4 feet along said west

                	 	 	 	 	 	 
	 	 	 	 	
                  line
                    to the point of beginning as

                	 	 	 	 	 	 
	 	 	 	 	
                  shown
                    on the official map of said

                	 	 	 	 	 	 
	 	 	 	 	
                  project
                    on file in the office of the

                	 	 	 	 	 	 
	 	 	 	 	
                  State
                    Road Commission of Utah.

                	 	 	 	 	 	 
	 	 	 	 	
                  Above
                    described tract of land

                	 	 	 	 	 	 
	 	 	 	 	
                  contains
                    52.25 acres, more or 

                	 	 	 	 	 	 
	 	 	 	 	
                  less.

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No 5 - A tract of land for a stock trail

                	 	 	 	 	 	 
	 	 	 	 	
                  incident
                    to the construction of

                	 	 	 	 	 	 
	 	 	 	 	
                  highway
                    known as Project No.

                	 	 	 	 	 	 
	 	 	 	 	
                  80-4
                    situated in the SE1/4NE1/4

                	 	 	 	 	 	 
	 	 	 	 	
                  of
                    Section 28, Township 5 North,

                	 	 	 	 	 	 
	 	 	 	 	
                  Range
                    7 East, SLM. The 

                	 	 	 	 	 	 
	 	 	 	 	
                  boundaries
                    of said tract of land

                	 	 	 	 	 	 
	 	 	 	 	
                  described
                    as follows:

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Beginning
                    on the east line of said

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    28 at a point 194 feet

                	 	 	 	 	 	 
	 	 	 	 	
                  perpendicularly
                    distant

                	 	 	 	 	 	 
	 	 	 	 	
                  southeasterly
                    from the center

                	 	 	 	 	 	 
	 	 	 	 	
                  line
                    of the west bound traffic

                	 	 	 	 	 	 
	 	 	 	 	
                  lanes
                    at Engineer's Station

                	 	 	 	 	 	 
	 	 	 	 	
                  507+12.8,
                    which is 1294.4 feet

                	 	 	 	 	 	 
	 	 	 	 	
                  south
                    from the NE corner of said 

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    28; thence South 18

                	 	 	 	 	 	 
	 	 	 	 	
                  degrees
                    37 minutes 30 seconds

                	 	 	 	 	 	 
	 	 	 	 	
                  West
                    274.5 feet; thence South 

                	 	 	 	 	 	 
	 	 	 	 	
                  37
                    degrees 26 minutes West

                	 	 	 	 	 	 
	 	 	 	 	
                  184.4
                    feet; thence South 24

                	 	 	 	 	 	 
	 	 	 	 	
                  degrees
                    54 minutes West 418.0

                	 	 	 	 	 	 
	 	 	 	 	
                  feet;
                    thence South 65 degrees

                	 	 	 	 	 	 
	 	 	 	 	
                  06
                    minutes East 20.0 feet; thence

                	 	 	 	 	 	 
	 	 	 	 	
                  North
                    24 degrees 54 minutes

                	 	 	 	 	 	 
	 	 	 	 	
                  East
                    418.0 feet; thence North 37

                	 	 	 	 	 	 
	 	 	 	 	
                  26
                    minutes East 184.4 feet;

                	 	 	 	 	 	 
	 	 	 	 	
                  thence
                    North 18 degrees 37 

                	 	 	 	 	 	 
	 	 	 	 	
                  minutes
                    30 seconds East 215.8

                	 	 	 	 	 	 
	 	 	 	 	
                  feet;
                    thence Northerly 64.1 feet

                	 	 	 	 	 	 
	 	 	 	 	
                  along
                    said east line to the point

                	 	 	 	 	 	 
	 	 	 	 	
                  of
                    beginning as shown on the

                	 	 	 	 	 	 
	 	 	 	 	
                  official
                    map of said project on

                	 	 	 	 	 	 
	 	 	 	 	
                  file
                    in the office of the State Road

                	 	 	 	 	 	 
	 	 	 	 	
                  Commission
                    of Utah. Above

                	 	 	 	 	 	 
	 	 	 	 	
                  described
                    tract of land contains

                	 	 	 	 	 	 
	 	 	 	 	
                  0.39
                    acre.

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No 6 - A tract of land for highway known

                	 	 	 	 	 	 
	 	 	 	 	
                  as
                    Project No 80-4 situated in the

                	 	 	 	 	 	 
	 	 	 	 	
                  SE1/4
                    and the E1/2NE1/4 of 

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    28, Township 5 North,

                	 	 	 	 	 	 
	 	 	 	 	
                  Range
                    7 East, SLM. Said tract 

                	 	 	 	 	 	 
	 	 	 	 	
                  of
                    land is bounded on the 

                	 	 	 	 	 	 
	 	 	 	 	
                  northwesterly
                    side by a line

                	 	 	 	 	 	 
	 	 	 	 	
                  parallel
                    to and 130.0 feet distant

                	 	 	 	 	 	 
	 	 	 	 	
                  northwesterly
                    from the center

                	 	 	 	 	 	 
	 	 	 	 	
                  line
                    of survey of the west bound

                	 	 	 	 	 	 
	 	 	 	 	
                  traffic
                    lanes of said project and

                	 	 	 	 	 	 
	 	 	 	 	
                  bounded
                    on the southeasterly

                	 	 	 	 	 	 
	 	 	 	 	
                  side
                    from the side line of said

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    28 to Engineers W. B.

                	 	 	 	 	 	 
	 	 	 	 	
                  Station
                    502+60 by a line parallel

                	 	 	 	 	 	 
	 	 	 	 	
                  to
                    and 184.0 distant southeasterly

                	 	 	 	 	 	 
	 	 	 	 	
                  from
                    said center line; thence by 

                	 	 	 	 	 	 
	 	 	 	 	
                  a
                    straight line to a point 224.0 feet

                	 	 	 	 	 	 
	 	 	 	 	
                  perpendicularly
                    distant

                	 	 	 	 	 	 
	 	 	 	 	
                  southeasterly
                    from said center

                	 	 	 	 	 	 
	 	 	 	 	
                  line
                    at Engineers W. B. Station

                	 	 	 	 	 	 
	 	 	 	 	
                  504+40;
                    thence by a straight 

                	 	 	 	 	 	 
	 	 	 	 	
                  line
                    to a point 194.0 feet 

                	 	 	 	 	 	 
	 	 	 	 	
                  perpendicularlay
                    distant 

                	 	 	 	 	 	 
	 	 	 	 	
                  southeasterly
                    from said center

                	 	 	 	 	 	 
	 	 	 	 	
                  line
                    at Engineers W. B. Station

                	 	 	 	 	 	 
	 	 	 	 	
                  507+12.8.
                    Said center line is

                	 	 	 	 	 	 
	 	 	 	 	
                  described
                    as follows:

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Beginning
                    at the intersection of 

                	 	 	 	 	 	 
	 	 	 	 	
                  the
                    south line of said Section 28

                	 	 	 	 	 	 
	 	 	 	 	
                  and
                    said center line of survey at

                	 	 	 	 	 	 
	 	 	 	 	
                  Engineers
                    Station 460+63.7

                	 	 	 	 	 	 
	 	 	 	 	
                  which
                    point is 3029.4 feet east

                	 	 	 	 	 	 
	 	 	 	 	
                  along
                    said south line from the

                	 	 	 	 	 	 
	 	 	 	 	
                  SW
                    corner of said Section 28; 

                	 	 	 	 	 	 
	 	 	 	 	
                  thence
                    Northeasterly 1331.7 feet

                	 	 	 	 	 	 
	 	 	 	 	
                  along
                    the arc of a 1020 foot curve

                	 	 	 	 	 	 
	 	 	 	 	
                  to
                    the left to a point of curve to

                	 	 	 	 	 	 
	 	 	 	 	
                  spiral
                    (Note: Tangent to said

                	 	 	 	 	 	 
	 	 	 	 	
                  curve
                    at the point of beginning 

                	 	 	 	 	 	 
	 	 	 	 	
                  bears
                    North 43 degrees 19

                	 	 	 	 	 	 
	 	 	 	 	
                  minutes
                    East); thence

                	 	 	 	 	 	 
	 	 	 	 	
                  Northeasterly
                    100.0 feet along the

                	 	 	 	 	 	 
	 	 	 	 	
                  arc
                    of a 100.0 foot ten-chord

                	 	 	 	 	 	 
	 	 	 	 	
                  spiral
                    for said 1020 foot curve;

                	 	 	 	 	 	 
	 	 	 	 	
                  thence
                    North 24 degrees 54

                	 	 	 	 	 	 
	 	 	 	 	
                  minutes
                    East 1.2 feet to 

                	 	 	 	 	 	 
	 	 	 	 	
                  Engineers
                    Station 474+96.6 

                	 	 	 	 	 	 
	 	 	 	 	
                  Back,
                    which equals Engineers

                	 	 	 	 	 	 
	 	 	 	 	
                  Station
                    474+94.2 Ahead; thence

                	 	 	 	 	 	 
	 	 	 	 	
                  North
                    24 degrees 54 minutes 

                	 	 	 	 	 	 
	 	 	 	 	
                  East
                    3645.0 feet to the 

                	 	 	 	 	 	 
	 	 	 	 	
                  intersection
                    of said center line of

                	 	 	 	 	 	 
	 	 	 	 	
                  survey
                    at Engineers Station

                	 	 	 	 	 	 
	 	 	 	 	
                  511+39.2
                    and the east line of

                	 	 	 	 	 	 
	 	 	 	 	
                  said
                    Section 28, which point is

                	 	 	 	 	 	 
	 	 	 	 	
                  826.5
                    feet south along said east

                	 	 	 	 	 	 
	 	 	 	 	
                  line
                    from the NE corner of said

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    28 as shown on the 

                	 	 	 	 	 	 
	 	 	 	 	
                  official
                    map of said project on file

                	 	 	 	 	 	 
	 	 	 	 	
                  in
                    the office of the State Road

                	 	 	 	 	 	 
	 	 	 	 	
                  Commission
                    of Utah. Above

                	 	 	 	 	 	 
	 	 	 	 	
                  described
                    tract of land contains

                	 	 	 	 	 	 
	 	 	 	 	
                  36.25
                    acres, more or less.

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No 7 - Land for highway known as 

                	 	 	 	 	 	 
	 	 	 	 	
                  Project
                    No FI-60 situated in the

                	 	 	 	 	 	 
	 	 	 	 	
                  N1/2SW1/4
                    of Section 32,

                	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    5 North, Range 7 East,

                	 	 	 	 	 	 
	 	 	 	 	
                  SLM.
                    The boundaries of said

                	 	 	 	 	 	 
	 	 	 	 	
                  tract
                    of land are described as

                	 	 	 	 	 	 
	 	 	 	 	
                  follows:

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Beginning
                    at the intersection of 

                	 	 	 	 	 	 
	 	 	 	 	
                  the
                    west boundary line of said

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    32 and the center line

                	 	 	 	 	 	 
	 	 	 	 	
                  of
                    survey of said project at

                	 	 	 	 	 	 
	 	 	 	 	
                  Engineer's
                    Station 369+38, which

                	 	 	 	 	 	 
	 	 	 	 	
                  point
                    is 1650.3 feet north from the

                	 	 	 	 	 	 
	 	 	 	 	
                  SW
                    corner of said Section 32;

                	 	 	 	 	 	 
	 	 	 	 	
                  thence
                    North 120.2 feet along said 

                	 	 	 	 	 	 
	 	 	 	 	
                  west
                    boundary line; thence

                	 	 	 	 	 	 
	 	 	 	 	
                  northeasterly
                    198.3 feet along the

                	 	 	 	 	 	 
	 	 	 	 	
                  arc
                    of a 7739.5 foot radius curve

                	 	 	 	 	 	 
	 	 	 	 	
                  to
                    the right (Note: Tangent to 

                	 	 	 	 	 	 
	 	 	 	 	
                  said
                    center line at its point of

                	 	 	 	 	 	 
	 	 	 	 	
                  beginning
                    bears North 56 degrees

                	 	 	 	 	 	 
	 	 	 	 	
                  30
                    minutes East); thence North

                	 	 	 	 	 	 
	 	 	 	 	
                  53
                    degrees 28 minutes East

                	 	 	 	 	 	 
	 	 	 	 	
                  306.0
                    feet; thence North 66

                	 	 	 	 	 	 
	 	 	 	 	
                  degrees
                    59 minutes East 306.0

                	 	 	 	 	 	 
	 	 	 	 	
                  feet;
                    thence Northeasterly 1158.1

                	 	 	 	 	 	 
	 	 	 	 	
                  feet
                    along the arc of a 7739.5

                	 	 	 	 	 	 
	 	 	 	 	
                  foot
                    radius curve to the right to

                	 	 	 	 	 	 
	 	 	 	 	
                  the
                    southerly right of way line of

                	 	 	 	 	 	 
	 	 	 	 	
                  the
                    west bound main tract of the

                	 	 	 	 	 	 
	 	 	 	 	
                  Union
                    Pacific Railroad Co. (Note:

                	 	 	 	 	 	 
	 	 	 	 	
                  Tangent
                    to the last said 7739.5

                	 	 	 	 	 	 
	 	 	 	 	
                  foot
                    radius curve at its point of

                	 	 	 	 	 	 
	 	 	 	 	
                  beginning
                    bears North 62 degrees

                	 	 	 	 	 	 
	 	 	 	 	
                  28
                    minutes East); thence 

                	 	 	 	 	 	 
	 	 	 	 	
                  Easterly
                    375 feet, more or less,

                	 	 	 	 	 	 
	 	 	 	 	
                  along
                    said railroad right of way

                	 	 	 	 	 	 
	 	 	 	 	
                  line
                    to the north boundary line of

                	 	 	 	 	 	 
	 	 	 	 	
                  said
                    N1/2SW1/4; thence East 541

                	 	 	 	 	 	 
	 	 	 	 	
                  feet,
                    more or less, to the NE 

                	 	 	 	 	 	 
	 	 	 	 	
                  corner
                    of said N1/2SW1/4; thence

                	 	 	 	 	 	 
	 	 	 	 	
                  South
                    7.1 feet to a point 100

                	 	 	 	 	 	 
	 	 	 	 	
                  feet
                    radially distant southerly

                	 	 	 	 	 	 
	 	 	 	 	
                  from
                    said center line of survey;

                	 	 	 	 	 	 
	 	 	 	 	
                  thence
                    Southwesterly 2925.1

                	 	 	 	 	 	 
	 	 	 	 	
                  feet
                    along the arc of a 7539.5

                	 	 	 	 	 	 
	 	 	 	 	
                  foot
                    radius curve to the left to 

                	 	 	 	 	 	 
	 	 	 	 	
                  said
                    west boundary line of 

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    32 (Note: Tangent to 

                	 	 	 	 	 	 
	 	 	 	 	
                  said
                    7539.5 foot radius curve at

                	 	 	 	 	 	 
	 	 	 	 	
                  its
                    point of beginning bears South

                	 	 	 	 	 	 
	 	 	 	 	
                  77
                    degrees 43 minutes 30

                	 	 	 	 	 	 
	 	 	 	 	
                  seconds
                    West); thence North

                	 	 	 	 	 	 
	 	 	 	 	
                  120.9
                    feet to the point of

                	 	 	 	 	 	 
	 	 	 	 	
                  beginning
                    as shown on the official

                	 	 	 	 	 	 
	 	 	 	 	
                  map
                    of said project on file in the

                	 	 	 	 	 	 
	 	 	 	 	
                  office
                    of the State Road 

                	 	 	 	 	 	 
	 	 	 	 	
                  Commission
                    of Utah. Above

                	 	 	 	 	 	 
	 	 	 	 	
                  described
                    tract of land contains

                	 	 	 	 	 	 
	 	 	 	 	
                  11.63
                    acres, more or less.

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No 8 - Land for the construction of an

                	 	 	 	 	 	 
	 	 	 	 	
                  approach
                    road incident to the

                	 	 	 	 	 	 
	 	 	 	 	
                  construction
                    of highway known as

                	 	 	 	 	 	 
	 	 	 	 	
                  Project
                    No ' FI-60 situated in the

                	 	 	 	 	 	 
	 	 	 	 	
                  NW1/4SW1/4
                    of Section 32,

                	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    5 North, Range 7 East,

                	 	 	 	 	 	 
	 	 	 	 	
                  SLM.
                    The boundaries of said

                	 	 	 	 	 	 
	 	 	 	 	
                  tract
                    of land are described as

                	 	 	 	 	 	 
	 	 	 	 	
                  follows:

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Beginning
                    on the southeasterly

                	 	 	 	 	 	 
	 	 	 	 	
                  right
                    of way fence line of an

                	 	 	 	 	 	 
	 	 	 	 	
                  existing
                    county road at a point

                	 	 	 	 	 	 
	 	 	 	 	
                  2379.7
                    feet North and 1106.2 feet

                	 	 	 	 	 	 
	 	 	 	 	
                  East
                    from the SW corner of said

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    32, said point begin also

                	 	 	 	 	 	 
	 	 	 	 	
                  100
                    feet radially distant 

                	 	 	 	 	 	 
	 	 	 	 	
                  Northwesterly
                    from the center

                	 	 	 	 	 	 
	 	 	 	 	
                  line
                    of survey of said project at

                	 	 	 	 	 	 
	 	 	 	 	
                  Engineer's
                    Station 382+53.3;

                	 	 	 	 	 	 
	 	 	 	 	
                  thence
                    Northeasterly 158.9 feet

                	 	 	 	 	 	 
	 	 	 	 	
                  along
                    said right of way fence line

                	 	 	 	 	 	 
	 	 	 	 	
                  to
                    the Southwesterly right of way

                	 	 	 	 	 	 
	 	 	 	 	
                  fence
                    line of the present highway;

                	 	 	 	 	 	 
	 	 	 	 	
                  thence
                    Southeasterly 76.1 feet

                	 	 	 	 	 	 
	 	 	 	 	
                  along
                    said highway right of way

                	 	 	 	 	 	 
	 	 	 	 	
                  fence
                    line to a point 100 feet

                	 	 	 	 	 	 
	 	 	 	 	
                  radially
                    distant Northwesterly from

                	 	 	 	 	 	 
	 	 	 	 	
                  said
                    center line of survey; thence

                	 	 	 	 	 	 
	 	 	 	 	
                  Southwesterly
                    201.0 feet along

                	 	 	 	 	 	 
	 	 	 	 	
                  the
                    arc of a 7739.5 foot radius

                	 	 	 	 	 	 
	 	 	 	 	
                  curve
                    to the left to the point of

                	 	 	 	 	 	 
	 	 	 	 	
                  beginning
                    as shown on the

                	 	 	 	 	 	 
	 	 	 	 	
                  official
                    map of said project on 

                	 	 	 	 	 	 
	 	 	 	 	
                  file
                    of the State Road Commission

                	 	 	 	 	 	 
	 	 	 	 	
                  of
                    Utah. Above described tract

                	 	 	 	 	 	 
	 	 	 	 	
                  of
                    land contains 0.13 acre.

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Tract
                    No 9 - Land for highway known as

                	 	 	 	 	 	 
	 	 	 	 	
                  Project
                    No FI-60 situated in the

                	 	 	 	 	 	 
	 	 	 	 	
                  SE1/4NW1/4,
                    NW14SE1/4, and

                	 	 	 	 	 	 
	 	 	 	 	
                  S1/2NE1/4
                    of Section 32,

                	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    5 North, Range 7 East,

                	 	 	 	 	 	 
	 	 	 	 	
                  SLM.
                    The boundaries of said

                	 	 	 	 	 	 
	 	 	 	 	
                  tract
                    of land are described as 

                	 	 	 	 	 	 
	 	 	 	 	
                  follows:

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Beginning
                    at the intersection of

                	 	 	 	 	 	 
	 	 	 	 	
                  the
                    East boundary line of said

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    32 and the center line of

                	 	 	 	 	 	 
	 	 	 	 	
                  survey
                    of said project at

                	 	 	 	 	 	 
	 	 	 	 	
                  Engineer's
                    Station 425+79.1,

                	 	 	 	 	 	 
	 	 	 	 	
                  which
                    point is 2065.2 feet South

                	 	 	 	 	 	 
	 	 	 	 	
                  from
                    the NE corner of said

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    32; thence North 111.7

                	 	 	 	 	 	 
	 	 	 	 	
                  feet
                    along said East boundary line;

                	 	 	 	 	 	 
	 	 	 	 	
                  thence
                    Westerly 1116.6 feet

                	 	 	 	 	 	 
	 	 	 	 	
                  along
                    the arc of a 2764.9 foot

                	 	 	 	 	 	 
	 	 	 	 	
                  radius
                    curve to the right (Note:

                	 	 	 	 	 	 
	 	 	 	 	
                  Tangent
                    to said curve at its point

                	 	 	 	 	 	 
	 	 	 	 	
                  of
                    beginning bears South 63

                	 	 	 	 	 	 
	 	 	 	 	
                  degrees
                    20 minutes West);

                	 	 	 	 	 	 
	 	 	 	 	
                  thence
                    South 86 degrees 28

                	 	 	 	 	 	 
	 	 	 	 	
                  minutes
                    West 473.8 feet to a 

                	 	 	 	 	 	 
	 	 	 	 	
                  point
                    of tangency with a 7739.5

                	 	 	 	 	 	 
	 	 	 	 	
                  foot
                    radius curve to the left; 

                	 	 	 	 	 	 
	 	 	 	 	
                  thence
                    Westerly 1256.2 feet

                	 	 	 	 	 	 
	 	 	 	 	
                  along
                    the arc of said 7739.5

                	 	 	 	 	 	 
	 	 	 	 	
                  foot
                    radius curve to the 

                	 	 	 	 	 	 
	 	 	 	 	
                  Southeasterly
                    right of way line of

                	 	 	 	 	 	 
	 	 	 	 	
                  the
                    west bound main track of the

                	 	 	 	 	 	 
	 	 	 	 	
                  Union
                    Pacific Railroad Co.;

                	 	 	 	 	 	 
	 	 	 	 	
                  thence
                    Southwesterly 464 feet,

                	 	 	 	 	 	 
	 	 	 	 	
                  more
                    or less, along said 

                	 	 	 	 	 	 
	 	 	 	 	
                  railroad
                    right of way line to the

                	 	 	 	 	 	 
	 	 	 	 	
                  South
                    boundary line of said

                	 	 	 	 	 	 
	 	 	 	 	
                  SE1/4NW1/4;
                    thence East 541

                	 	 	 	 	 	 
	 	 	 	 	
                  feet,
                    more or less, along said

                	 	 	 	 	 	 
	 	 	 	 	
                  south
                    boundary line to the SE

                	 	 	 	 	 	 
	 	 	 	 	
                  corner
                    of said SE1/4NW1/4;

                	 	 	 	 	 	 
	 	 	 	 	
                  thence
                    south 7.1 feet to a point

                	 	 	 	 	 	 
	 	 	 	 	
                  100
                    feet radially distant southerly

                	 	 	 	 	 	 
	 	 	 	 	
                  from
                    said center line of survey;

                	 	 	 	 	 	 
	 	 	 	 	
                  thence
                    Easterly 1150.2 feet 

                	 	 	 	 	 	 
	 	 	 	 	
                  along
                    the arc of a 7539.5 foot

                	 	 	 	 	 	 
	 	 	 	 	
                  radius
                    curve to the right (Note:

                	 	 	 	 	 	 
	 	 	 	 	
                  Tangent
                    to said 7539.5 foot

                	 	 	 	 	 	 
	 	 	 	 	
                  radius
                    curve at its point of

                	 	 	 	 	 	 
	 	 	 	 	
                  beginning
                    bears North 77 degrees

                	 	 	 	 	 	 
	 	 	 	 	
                  43
                    minutes 30 seconds East);

                	 	 	 	 	 	 
	 	 	 	 	
                  thence
                    North 86 degrees 28

                	 	 	 	 	 	 
	 	 	 	 	
                  minutes
                    East 473.8 feet to a

                	 	 	 	 	 	 
	 	 	 	 	
                  point
                    of tangency with a 2964.9 

                	 	 	 	 	 	 
	 	 	 	 	
                  foot
                    radius curve to the left; 

                	 	 	 	 	 	 
	 	 	 	 	
                  thence
                    Easterly 1096.7 feet

                	 	 	 	 	 	 
	 	 	 	 	
                  along
                    the arc of said 2964.9 foot

                	 	 	 	 	 	 
	 	 	 	 	
                  radius
                    curve to said East 

                	 	 	 	 	 	 
	 	 	 	 	
                  boundary
                    line of Section 32;

                	 	 	 	 	 	 
	 	 	 	 	
                  thence
                    North 110.7 feet to the

                	 	 	 	 	 	 
	 	 	 	 	
                  point
                    of beginning as shown on

                	 	 	 	 	 	 
	 	 	 	 	
                  the
                    official map of said project on 

                	 	 	 	 	 	 
	 	 	 	 	
                  file
                    in the office of the State Road

                	 	 	 	 	 	 
	 	 	 	 	
                  Commission
                    of Utah. Above

                	 	 	 	 	 	 
	 	 	 	 	
                  described
                    tract of land contains

                	 	 	 	 	
                  10
                    yr

                	 
	 	 	 	 	
                  13.68
                    acres, more or less.

                	 	 	
                  239.18

                	
                  239.18

                	
                  1/8
                    roy

                	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  214-UT

                   

                	
                  008.0173

                	
                  State
                    of Utah, School and Institutional

                  Trust
                    Lands Administration

                  Mineral
                    Lease # 47545

                	
                  Jay
                    L. Stone

                   

                	
                  Township
                    4 North, Range 8 East, S.L.M.

                  Section
                    6: Lot 6, E1/2 SW1/4, N1/2SE1/4

                  SW1/4SE1/4

                	
                  Summit

                   

                	
                  04/16/97

                   

                	
                  229

                	
                  229

                	
                  10
                    yr

                  1/8
                    roy

                	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  216-UT

                	
                  008.0190

                	
                  Utah
                    Bureau of Land Management

                  UTU-79633

                	
                  Billy
                    Jim Palone

                	
                  Township
                    9 North, Range 7 East, S.L.M.

                  Section
                    4: Lots 2, 5, 6, 7, 8, 9, 10, 11,12,

                	
                  Rich

                	
                  7/01/01

                	 	 	 	 
	 	 	 	 	
                  SWNE

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    5: Lots 1, 2, 3, 4, 5, 6, 7, 8,

                	 	 	 	 	 	 
	 	 	 	 	
                  S1/2N1/2,
                    SE

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    6: Lots 1, 2, 3, 4, 5, 6, 7, S1/2NE,

                	 	 	 	 	 	 
	 	 	 	 	
                  E1/2SW,
                    SE, SENW

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    7: Lots, 1, 2, 3, 4, E1/2W1/2, E1/2

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    8: Lots 1, 2, 3

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    18: Lot 1, N1/2NE, NENW

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    20: W1/2E1/2, W1/2

                	 	 	 	 	
                  10
                    yr

                	 
	 	 	 	 	
                  Section
                    30: Lots 1, 2, 3, 4, NE, E1/2W1/2

                	 	 	
                  3546.73

                	
                  3546.73

                	
                  1/8
                    roy

                	 
	
                  215-UT

                	 	
                  State
                    of Utah, Board of State Lands

                  &
                    Forestry, and Division of State

                  Lands
                    & Forestry, Department of 

                  Natural
                    Resources

                  Mineral
                    Lease # 46288 SITLA NOW

                	
                  Jay
                    L. Stone

                   

                   

                   

                	
                  Township
                    5 North, Range 8 East, S.L.M.

                  Section
                    6: NW1/4SE1/4

                	
                  Summit

                	
                  2/7/1994

                	
                  40

                	
                  40

                	
                  10
                    yr

                	 
	 	 	 	 	 	 	 	 	 	
                  1/8
                    roy

                	 
	
                  Under
                    here above and beyond 180K

                	 	 	 	 	 	 	 	 	 	 
	
                  242-UT

                	
                  008.0194

                	
                  Michael
                    R. Ellis and Kathleen A. Ellis,

                  husband
                    and wife

                	
                  Billy
                    Jim Palone, d/b/a

                  Palone
                    Petroleum

                	
                  Township
                    9 North, Range 8 East, S.L.M.

                  Section
                    18: A parcel of land in the North

                	
                  Rich

                	
                  8/23/01

                	 	 	 	 
	 	 	 	 	
                  half
                    of Lot 2, more particularly

                	 	 	 	 	 	 
	 	 	 	 	
                  described
                    as follows: Beginning

                	 	 	 	 	 	 
	 	 	 	 	
                  4041.4
                    feet North from the

                	 	 	 	 	 	 
	 	 	 	 	
                  Southwest
                    corner of said Section

                	 	 	 	 	 	 
	 	 	 	 	
                  18,
                    and running thence North

                	 	 	 	 	 	 
	 	 	 	 	
                  600
                    feet; thence East 1200 feet;

                	 	 	 	 	 	 
	 	 	 	 	
                  thence
                    South 7 degrees 10

                	 	 	 	 	 	 
	 	 	 	 	
                  minutes
                    West 604.7 feet; thence

                	 	 	 	 	
                  3yr,
                    opt

                	 
	 	 	 	 	
                  1124.5
                    feet to the place of

                	 	 	 	 	
                  4
                    yr

                	 
	 	 	 	 	
                  beginning.

                	 	 	
                  16

                	
                  16

                	
                  1/8
                    roy

                	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  243-UT

                   

                	
                  008.0195

                	
                  Gertrude
                    P. Ellis, personally and as 

                  Trustee
                    of the Silas H. Ellis Family

                  Living
                    Trust, dated 12/3/81

                	
                  Billy
                    Jim Palone, d/b/a

                  Palone
                    Petroleum

                	
                  Township
                    9 North, Range 7 East, S.L.M.

                  Section
                    26: NESE

                	
                  Rich

                   

                	
                  8/23/01

                   

                	 	 	 	 
	 	 	 	 	
                  Township
                    9 North, Range 8 East, S.L.M.

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    18: Lots 1, 2, 3, 4, NE, W2NW,

                	 	 	 	 	 	 
	 	 	 	 	
                  E2SW,
                    SE, save and except 16

                	 	 	 	 	 	 
	 	 	 	 	
                  acres
                    located in the North half of

                	 	 	 	 	 	 
	 	 	 	 	
                  Lot
                    2 of said section, particularly

                	 	 	 	 	 	 
	 	 	 	 	
                  described
                    as follows: Beginning

                	 	 	 	 	 	 
	 	 	 	 	
                  4041.4
                    feet North from the

                	 	 	 	 	 	 
	 	 	 	 	
                  Southwest
                    corner of said Section

                	 	 	 	 	 	 
	 	 	 	 	
                  18,
                    and running thence North

                	 	 	 	 	 	 
	 	 	 	 	
                  600
                    feet; thence East 1200 feet;

                	 	 	 	 	 	 
	 	 	 	 	
                  thence
                    South 7 degrees 10

                	 	 	 	 	 	 
	 	 	 	 	
                  minutes
                    West 604.7 feet; thence

                	 	 	 	 	
                  3yr,
                    opt

                	 
	 	 	 	 	
                  1124.5
                    feet to the place of

                	 	 	 	 	
                  4
                    yr

                	 
	 	 	 	 	
                  beginning.

                	 	 	
                  664.24

                	
                  315.51

                	
                  1/8
                    roy

                	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  244-UT

                	
                  008.0196

                	
                  The
                    Lawrence R. Brown Inter Vivos

                  Trust,
                    dated 3/10/93

                	
                  Billy
                    Jim Palone, d/b/a

                  Palone
                    Petroleum

                	
                  Township
                    8 North, Range 8 East, S.L.M.

                  Section
                    5: Lots 1, 2, 3, 4, S2N2, S2

                	
                  Rich,
                    UT

                  Uinta,
                    WY

                	
                  10/29/01

                	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    9 North, Range 7 East, S.L.M.

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    36: Commencing 2210 feet East of

                	 	 	 	 	 	 
	 	 	 	 	
                  Southwest
                    Corner of 36; thence

                	 	 	 	 	 	 
	 	 	 	 	
                  East
                    430 feet to SE SW, North

                	 	 	 	 	 	 
	 	 	 	 	
                  40
                    chains (2640') to NE Corner

                	 	 	 	 	 	 
	 	 	 	 	
                  of
                    SW; thence West 2240 feet

                	 	 	 	 	 	 
	 	 	 	 	
                  South
                    32 degrees East 3156

                	 	 	 	 	 	 
	 	 	 	 	
                  feet
                    to place of beginning.

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    9 North, Range 8 East, S.L.M.

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    31: Lots 1, 2, 3, 4, 5, E2NW, NESW,

                	 	 	 	 	 	 
	 	 	 	 	
                  E2

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    33: Lots 1, 2, 3, 4, W2W2

                	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                  Township
                    17 North, Range 120 West, 6th PM

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    7: Lots 1, 2, 3, 4, E2W2, W2E2

                	 	 	 	 	 	 
	 	 	 	 	
                  less
                    tract: Beginning at a point

                	 	 	 	 	 	 
	 	 	 	 	
                  1316
                    feet West from the Northeast

                	 	 	 	 	 	 
	 	 	 	 	
                  corner
                    of Section 7; thence

                	 	 	 	 	 	 
	 	 	 	 	
                  South
                    2094 feet; thence North

                	 	 	 	 	 	 
	 	 	 	 	
                  14
                    degrees 40 minutes West

                	 	 	 	 	 	 
	 	 	 	 	
                  1007.2
                    feet; thence North 1120

                	 	 	 	 	 	 
	 	 	 	 	
                  feet
                    to the North line of Section

                	 	 	 	 	 	 
	 	 	 	 	
                  7;
                    thence South 89 degrees 55

                	 	 	 	 	 	 
	 	 	 	 	
                  minutes
                    East 255 feet along

                	 	 	 	 	 	 
	 	 	 	 	
                  Section
                    line to the point of 

                	 	 	 	 	 	 
	 	 	 	 	
                  beginning,
                    containing 9.4 acres;

                	 	 	 	 	 	 
	 	 	 	 	
                  also
                    a tract in Section 7 described

                	 	 	 	 	 	 
	 	 	 	 	
                  as
                    follows: Beginning at the NW

                	 	 	 	 	 	 
	 	 	 	 	
                  corner
                    of Section 7; thence

                	 	 	 	 	 	 
	 	 	 	 	
                  North
                    88 degrees 56 minutes

                	 	 	 	 	 	 
	 	 	 	 	
                  30
                    seconds East, 1951.34 feet

                	 	 	 	 	 	 
	 	 	 	 	
                  along
                    the north line of Section 7;

                	 	 	 	 	 	 
	 	 	 	 	
                  Thence
                    South 01 degrees 03

                	 	 	 	 	 	 
	 	 	 	 	
                  minutes
                    30 seconds East,

                	 	 	 	 	 	 
	 	 	 	 	
                  1053.48
                    feet; thence 88 degrees

                	 	 	 	 	 	 
	 	 	 	 	
                  56
                    minutes 30 seconds West,

                	 	 	 	 	 	 
	 	 	 	 	
                  1972.11
                    feet to a point that lies

                	 	 	 	 	 	 
	 	 	 	 	
                  on
                    the west line of Section 7;

                	 	 	 	 	 	 
	 	 	 	 	
                  thence
                    North 00 degrees 04

                	 	 	 	 	 	 
	 	 	 	 	
                  minutes
                    18 seconds East,

                	 	 	 	 	 	 
	 	 	 	 	
                  1053.69
                    feet along west line to

                	 	 	 	 	
                  3yr,
                    opt

                	 
	 	 	 	 	
                  the
                    point of beginning and

                	 	 	 	 	
                  4
                    yr

                	 
	 	 	 	 	
                  containing
                    47.44 acres.

                	 	 	
                  2013.81

                	
                  1161.97

                	
                  1/8
                    roy

                	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	
                  TOTAL
                    NET ACRES

                	 	 	 	 	 	
                  167590.844

                	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 

        

        
        

      

       

       

       

      

        
          
            	 	 	
                    The
                      descriptions and net and gross acreages shown herein are subject
                      to
                      adjustment and/or correction based on due diligence and/or
                      title
                      examination.

                  	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	
                    Acres

                  	 	 	 
	
                    Lease
                      #

                  	 	
                    Lessor

                  	
                    Lessee

                  	
                    Description

                  	
                    County

                  	
                    Date

                  	
                    Gross

                  	
                    Net

                  	
                    Terms

                  	 
	
                    172-WY

                  	
                    008.0025

                  	
                    Wyoming
                      Bureau of Land Management

                    WYW-150907

                  	
                    Billy
                      Jim Palone

                  	
                    Township
                      18 North, Range 120 West, 6th P.M.

                    Section
                      1: Lots 5, 6, 7, 8, S2N2

                  	
                    Uinta

                  	
                    8/1/00

                  	 	 	 	 
	 	 	 	 	
                    Section
                      2: Lots 5, 6, 7, 8, S2N2, S2

                  	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                    Section
                      18: Lots 5, 6, 7, 8, E2, E2W2

                  	 	 	 	 	 	 
	 	 	 	 	
                    Section
                      20: All

                  	 	 	 	 	 	 
	 	 	 	 	
                    Section
                      30: Lots 7, 8, 9, 10, E2NE, SE

                  	 	 	
                    2534.88

                  	
                    2534.88

                  	
                    10
                      yr, 1/8

                  	 
	 	 	 	 	 	 	 	 	 	 	 
	
                    173-WY

                  	
                    008.0026

                  	
                    Wyoming
                      Bureau of Land Management

                    WYW-150906

                  	
                    Billy
                      Jim Palone

                  	
                    Township
                      16 North, Range 120 West, 6th P.M.

                    Section
                      2: Lots 1, 2, 3, 4, S2N2, S2

                  	
                    Uinta

                  	
                    8/1/00

                  	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                    Section
                      10: All

                  	 	 	
                    1459.65

                  	
                    1459.65

                  	
                    10
                      yr, 1/8

                  	 
	 	 	 	 	 	 	 	 	 	 	 
	
                    177-WY

                  	
                    008.0167

                  	
                    Wyoming
                      Bureau of Land Management

                    WYW-137255

                  	
                    High
                      Plains

                    Associates

                  	
                    Township
                      16 North, Range 120 West, 6th P.M.

                    Section
                      4: Lots 1, 2, 3, 4, S2N2, S2

                  	
                    Uinta

                  	
                    9/1/95

                  	 	 	 	 
	 	 	 	 	
                    Section
                      6: Lots 3, 4, 5, 6, 7, S2NE, SENW,

                    E2SW,
                      SE

                  	 	 	 	 	 	 
	 	 	 	 	
                    Section
                      18: Lots 1, 2, 3, 4, NE, E2NW

                  	 	 	
                    1842.62

                  	
                    1842.62

                  	
                    10
                      yr, 1/8

                  	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	
                    191-WY

                  	
                    008.0186

                  	
                    State
                      of Wyoming

                    Lease
                      # 00-00848

                  	
                    Palone
                      Petroleum

                  	
                    Township
                      15 North, Range 119 West, 6th P.M.

                    Section
                      16: All

                  	
                    Uinta

                  	
                    12/2/00

                  	
                    640

                  	
                    640

                  	
                    5
                      yr, 1/6

                  	 
	 	 	 	 	 	 	 	 	 	 	 
	
                    192-WY

                  	
                    008.0165

                  	
                    State
                      of Wyoming

                    Lease
                      # 00-645

                  	
                    Palone
                      Petroleum

                  	
                    Township
                      15 North, Range 120 West, 6th P.M.

                    Section
                      36: All

                  	
                    Uinta

                  	
                    10/2/00

                  	
                    640

                  	
                    640

                  	
                    5
                      yr, 1/6

                  	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	
                    194-WY

                     

                     

                     

                     

                     

                  	
                    008.0176

                  	
                    George
                      Richard Sims, a/k/a Richard

                    Sims,
                      and Charlsie Stevens Sims,

                    a/k/a
                      Charlsie S. Sims, Husband and

                    wife,
                      as individuals; and Sims Ranch

                    Limited
                      Partnership, a Wyoming

                    limited
                      partnership, by George Richard

                    Sims,
                      General Partner

                  	
                    Billy
                      Jim Palone, d/b/a

                    Palone
                      Petroleum

                     

                     

                     

                     

                  	
                    Township
                      16 North, Range 121 West, 6th P.M.

                    Section
                      2: Lots 1, 2, S2NE, SE, Less &

                    Except
                      a tract in Said Lot 2,

                    described
                      as follows: Beginning

                    at
                      the North quarter corner of

                    said
                      Section 2, and running

                    thence
                      North 89 degrees 48

                  	
                    Uinta

                     

                     

                     

                     

                     

                  	
                    1/10/01

                     

                     

                     

                     

                     

                  	 	 	 	 
	 	
                    008.0177

                  	 	 	
                    minutes
                      19 seconds East,

                  	 	 	 	 	 	 
	 	
                    008.0179

                  	 	 	
                    527.06
                      feet; thence South 29

                  	 	 	 	 	 	 
	 	
                    008.0189

                  	 	 	
                    degrees
                      19 minutes 31 seconds

                  	 	 	 	 	 	 
	 	 	 	 	
                    West,
                      608.55 feet; thence South

                  	 	 	 	 	 	 
	 	 	 	 	
                    89
                      degrees 26 minutes 29

                  	 	 	 	 	 	 
	 	 	 	 	
                    seconds
                      West, 218.99 feet to the

                  	 	 	 	 	 	 
	 	 	 	 	
                    West
                      line of said Lot 2; thence

                  	 	 	 	 	 	 
	 	 	 	 	
                    North
                      1 degree 4 minutes 57

                  	 	 	 	 	 	 
	 	 	 	 	
                    seconds
                      West, 531.01 feet, to

                  	 	 	 	 	 	 
	 	 	 	 	
                    point
                      of beginning, said excepted

                  	 	 	 	 	 	 
	 	 	 	 	
                    tract
                      containg 4.54 acres, more

                  	 	 	 	 	 	 
	 	 	 	 	
                    or
                      less;

                  	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                    Township
                      17 North, Range 120 West, 6th P.M.

                  	 	 	 	 	
                    3
                      yr, opt

                  	 
	 	 	 	 	
                    Section
                      20: SW

                  	 	 	 	 	
                    ext
                      4 yr

                  	 
	 	 	 	 	
                    Section
                      30: Lots 1, 2, 3, 4, E2W2, E2

                  	 	 	
                    1197.9

                  	
                    620.36

                  	
                    1/8
                      roy

                  	 
	 	 	 	 	 	 	 	 	 	 	 
	
                    197-WY

                     

                     

                  	
                    008.0182

                  	
                    Jack
                      C. Sims and Lynda J. Sims,

                    individually
                      and as Trustees of the

                    Jack
                      C. Sims and Lynda J. Sims

                    Revocable
                      Trust dated January 4, 1994

                  	
                    Billy
                      Jim Palone, d/b/a

                    Palone
                      Petroleum

                     

                  	
                    Township
                      15 North, Range 120 West, 6th P.M.

                    Section
                      22: N2NE

                     

                    Township
                      17 North, Range 120 West, 6th P.M.

                  	
                    Uinta

                     

                     

                  	
                    2/20/01

                     

                     

                  	 	 	 	 
	 	 	 	 	
                    Section
                      17: S2S2, NESE, E2NE, and those

                  	 	 	 	 	 	 
	 	 	 	 	
                    parts
                      of the W2NE, NWSE and

                  	 	 	 	 	 	 
	 	 	 	 	
                    N2SW
                      described as follows:

                  	 	 	 	 	 	 
	 	 	 	 	
                    Commencing
                      at the Northwest

                  	 	 	 	 	 	 
	 	 	 	 	
                    corner
                      of said Section 17; thence

                  	 	 	 	 	 	 
	 	 	 	 	
                    South
                      0 degrees 44 minutes East

                  	 	 	 	 	 	 
	 	 	 	 	
                    along
                      the West boundry line of

                  	 	 	 	 	 	 
	 	 	 	 	
                    said
                      Section 17 a distance of 

                  	 	 	 	 	 	 
	 	 	 	 	
                    3888.2
                      feet to the point of

                  	 	 	 	 	 	 
	 	 	 	 	
                    beginning;
                      thence North 71

                  	 	 	 	 	 	 
	 	 	 	 	
                    degrees
                      54 minutes East 2693.3

                  	 	 	 	 	 	 
	 	 	 	 	
                    feet;
                      thence North 30 degrees

                  	 	 	 	 	 	 
	 	 	 	 	
                    15
                      minutes East 1155.9 feet;

                  	 	 	 	 	 	 
	 	 	 	 	
                    thence
                      North 15 degrees 25

                  	 	 	 	 	 	 
	 	 	 	 	
                    minutes
                      East 2098.0 feet to a

                  	 	 	 	 	 	 
	 	 	 	 	
                    point
                      on the North line of said

                  	 	 	 	 	 	 
	 	 	 	 	
                    Section
                      17; thence East to the

                  	 	 	 	 	 	 
	 	 	 	 	
                    Northwest
                      corner of the NENE of

                  	 	 	 	 	 	 
	 	 	 	 	
                    said
                      Section 17; thence South

                  	 	 	 	 	 	 
	 	 	 	 	
                    along
                      the quarter quarter line to

                  	 	 	 	 	 	 
	 	 	 	 	
                    the
                      Northwest corner of the SESE

                  	 	 	 	 	 	 
	 	 	 	 	
                    of
                      said Section 17; thence West

                  	 	 	 	 	 	 
	 	 	 	 	
                    along
                      the quarter quarter line to

                  	 	 	 	 	 	 
	 	 	 	 	
                    the
                      West line of said Section 17;

                  	 	 	 	 	 	 
	 	 	 	 	
                    thence
                      North along the West

                  	 	 	 	 	 	 
	 	 	 	 	
                    boundry
                      line of said Section 17 to

                  	 	 	 	 	 	 
	 	 	 	 	
                    the
                      point of beginning. Total

                  	 	 	 	 	 	 
	 	 	 	 	
                    Section
                      17 lands containing

                  	 	 	 	 	 	 
	 	 	 	 	
                    386.75
                      acres, more or less;

                  	 	 	 	 	 	 
	 	 	 	 	
                    Section
                      18: S2SE, and thos parts of the E2NE

                  	 	 	 	 	 	 
	 	 	 	 	
                    and
                      NESE described as follows:

                  	 	 	 	 	 	 
	 	 	 	 	
                    Commencing
                      at the Northeast

                  	 	 	 	 	 	 
	 	 	 	 	
                    corner
                      of said Section 18; thence

                  	 	 	 	 	 	 
	 	 	 	 	
                    North
                      89 degrees 58 minutes

                  	 	 	 	 	 	 
	 	 	 	 	
                    West
                      along the North boundry

                  	 	 	 	 	 	 
	 	 	 	 	
                    line
                      of said Section 18 a distance

                  	 	 	 	 	 	 
	 	 	 	 	
                    of
                      810 feet to the point of

                  	 	 	 	 	 	 
	 	 	 	 	
                    beginning;
                      thence South 1694

                  	 	 	 	 	 	 
	 	 	 	 	
                    feet;
                      thence South 7 degrees

                  	 	 	 	 	 	 
	 	 	 	 	
                    10
                      Minutes West 1421 feet;

                  	 	 	 	 	 	 
	 	 	 	 	
                    thence
                      South 52 degrees 53

                  	 	 	 	 	 	 
	 	 	 	 	
                    minutes
                      East 1300.6 feet to a

                  	 	 	 	 	 	 
	 	 	 	 	
                    point
                      on the East boundry line of

                  	 	 	 	 	 	 
	 	 	 	 	
                    said
                      Section 18; thence South

                  	 	 	 	 	 	 
	 	 	 	 	
                    along
                      the East boundry of said

                  	 	 	 	 	 	 
	 	 	 	 	
                    Section
                      18; to the Northeast

                  	 	 	 	 	 	 
	 	 	 	 	
                    corner
                      of the SESE of said

                  	 	 	 	 	 	 
	 	 	 	 	
                    Section
                      18; thence West and

                  	 	 	 	 	 	 
	 	 	 	 	
                    along
                      the North boundry line of

                  	 	 	 	 	 	 
	 	 	 	 	
                    the
                      SESE of said Section 18 to

                  	 	 	 	 	 	 
	 	 	 	 	
                    the
                      the Northwest corner of said

                  	 	 	 	 	 	 
	 	 	 	 	
                    SESE;
                      thence North along the

                  	 	 	 	 	 	 
	 	 	 	 	
                    quarter
                      quarter line to the North

                  	 	 	 	 	 	 
	 	 	 	 	
                    boundry
                      of said Section 18;

                  	 	 	 	 	 	 
	 	 	 	 	
                    thence
                      East along the North

                  	 	 	 	 	 	 
	 	 	 	 	
                    boundry
                      line of said Section 18 to

                  	 	 	 	 	 	 
	 	 	 	 	
                    the
                      point of beginning. Total

                  	 	 	 	 	 	 
	 	 	 	 	
                    Section
                      18 lands containing

                  	 	 	 	 	 	 
	 	 	 	 	
                    126.53
                      acres, more or less;

                  	 	 	 	 	 	 
	 	 	 	 	
                    Section
                      19: E2E2, SWSE

                  	 	 	 	 	 	 
	 	 	 	 	
                    Section
                      20: Lots 1, 2, 3, 4

                  	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                    Township
                      16 North, Range 121 West, 6th P.M.

                  	 	 	 	 	 	 
	 	 	 	 	
                    Section
                      12: SW, W2SE

                  	 	 	 	 	 	 
	 	 	 	 	
                    Section
                      25: S2S2SE

                  	 	 	 	 	
                    3
                      yr, opt

                  	 
	 	 	 	 	
                    Section
                      36: SENE, N2SE

                  	 	 	
                    1327.01

                  	
                    491.52

                  	
                    4
                      yr, 1/8

                  	 
	 	 	 	 	 	 	 	 	 	 	 
	
                    198-WY

                     

                     

                  	
                    008.0178

                  	
                    Aaron
                      R. Martin and Nancy H. Martin,

                    individually
                      and as Trustees of the

                    Aaron
                      & Nancy Martin Family Trust

                    dated
                      January 24, 1997

                  	
                    Billy
                      Jim Palone, d/b/a

                    Palone
                      Petroleum

                     

                  	
                    Township
                      17 North, Range 120 West, 6th P.M.

                    Section
                      20: SW, less and except a tract of

                    land
                      described as follows:

                    Commencing
                      at the Southwest

                  	
                    Uinta

                     

                     

                  	
                    2/14/01

                     

                     

                  	 	 	 	 
	 	
                    008.0180

                  	 	 	
                    corner
                      of said Section 20, thence

                  	 	 	 	 	 	 
	 	 	 	 	
                    North
                      0 degrees 18 minutes 02

                  	 	 	 	 	 	 
	 	 	 	 	
                    seconds
                      West, 618.95 feet along

                  	 	 	 	 	 	 
	 	 	 	 	
                    the
                      West line of said Section to

                  	 	 	 	 	 	 
	 	 	 	 	
                    the
                      point of beginning; thence

                  	 	 	 	 	 	 
	 	 	 	 	
                    North
                      0 degrees 18 minutes 02

                  	 	 	 	 	 	 
	 	 	 	 	
                    seconds
                      West, 2027.62 feet

                  	 	 	 	 	 	 
	 	 	 	 	
                    along
                      said West line to the West

                  	 	 	 	 	 	 
	 	 	 	 	
                    1/4
                      corner of said Section 20;

                  	 	 	 	 	 	 
	 	 	 	 	
                    thence
                      North 89 degrees 54

                  	 	 	 	 	 	 
	 	 	 	 	
                    minutes
                      38 seconds East,

                  	 	 	 	 	 	 
	 	 	 	 	
                    1607.03
                      feet along the North line

                  	 	 	 	 	 	 
	 	 	 	 	
                    of
                      said Southwest 1/4; thence

                  	 	 	 	 	 	 
	 	 	 	 	
                    South
                      33 degrees 10 minutes

                  	 	 	 	 	 	 
	 	 	 	 	
                    04
                      seconds West, 2086.04 feet;

                  	 	 	 	 	 	 
	 	 	 	 	
                    thence
                      South 58 degrees 02

                  	 	 	 	 	 	 
	 	 	 	 	
                    minutes
                      29 seconds West, 536.44

                  	 	 	 	 	 	 
	 	 	 	 	
                    feet
                      to point of beginning; said

                  	 	 	 	 	 	 
	 	 	 	 	
                    excepted
                      tract containing 42.804

                  	 	 	 	 	 	 
	 	 	 	 	
                    acres,
                      more or less;

                  	 	 	 	 	
                    3
                      yr, opt

                  	 
	 	 	 	 	
                    Section
                      30: Lots 1, 2, 3, 4, E2W2, E2

                  	 	 	
                    749.62

                  	
                    374.808

                  	
                    4
                      yr, 1/8

                  	 
	 	 	 	 	 	 	 	 	 	 	 
	
                    199-WY-A

                  	
                    008.0185

                  	
                    Jessie
                      Marie Sims Barnes, a single

                    woman

                  	
                    Billy
                      Jim Palone, d/b/a

                    Palone
                      Petroleum

                  	
                    Township
                      17 North, Range 120 West, 6th P.M.

                    Section
                      19: Lots 1, 2, 3, 4, E2W2, W2NE,

                  	
                    Uinta

                  	
                    2/14/01

                  	 	 	
                    3
                      yr, opt

                  	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                    NWSE

                  	 	 	
                    431.58

                  	
                    215.79

                  	
                    4
                      yr, 1/8

                  	 
	 	 	 	 	 	 	 	 	 	 	 
	
                    199-WY-B

                  	
                    008.0184

                  	
                    Lucille
                      LaFern Sims Dunning, a widow

                  	
                    Billy
                      Jim Palone, d/b/a

                    Palone
                      Petroleum

                  	
                    Township
                      17 North, Range 120 West, 6th P.M.

                    Section
                      19: Lots 1, 2, 3, 4, E2W2, W2NE,

                  	
                    Uinta

                  	
                    2/14/01

                  	 	 	
                    3
                      yr, opt

                  	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                    NWSE

                  	 	 	
                    431.58

                  	
                    215.79

                  	
                    4
                      yr, 1/8

                  	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	
                    200-WY-A

                     

                  	
                    008.0183

                  	
                    Skull
                      Valley Company, LTD., a Utah

                    limited
                      partnership, a/k/a Skull Valley

                    Company,
                      a utah limited partnership

                  	
                    Billy
                      Jim Palone, d/b/a

                    Palone
                      Petroleum

                  	
                    Township
                      15 North, Range 121 West, 6th P.M.

                    Section
                      3: Lots 1, 2, 3, 4

                    Section
                      11: W2

                  	
                    Uinta

                     

                  	
                    3/20/01

                     

                  	 	 	 	 
	 	 	 	 	
                    Section
                      23: W2

                  	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                    Township
                      16 North, Range 121 West, 6th P.M.

                  	 	 	 	 	
                    3
                      yr, opt

                  	 
	 	 	 	 	
                    Section
                      35: W2

                  	 	 	
                    1050.02

                  	
                    787.52

                  	
                    4
                      yr, 15%

                  	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	
                    x

                  	 	 	 	 	 	 	
                    Total

                  	 	 	 
	
                    200-WY-B

                     

                  	 	
                    Kavanagh
                      N.V., a Netherlands Antillas

                    Corporation

                  	
                    Billy
                      Jim Palone, d/b/a

                    Palone
                      Petroleum

                  	
                    Township
                      15 North, Range 121 West, 6th P.M.

                    Section
                      3: Lots 1, 2, 3, 4

                    Section
                      11: W2

                  	
                    Uinta

                  	
                    3/23/01,

                    eff
                      4/17/01

                  	 	 	 	 
	 	 	 	 	
                    Section
                      23: W2

                  	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                    Township
                      16 North, Range 121 West, 6th P.M.

                  	 	 	 	 	
                    3
                      yr, opt

                  	 
	 	 	 	 	
                    Section
                      35: W2

                  	 	 	
                    1050.02

                  	
                    131.25

                  	
                    4
                      yr, 15%

                  	 
	 	 	 	 	 	 	 	 	 	 	 
	
                    217-WY

                  	
                     

                  	
                    Bureau
                      of Land Management

                    WYW-153675

                  	
                    Billy
                      Jim Palone

                  	
                    Township
                      17 North, Range 120 West, 6th PM,

                    Section
                      20: Lots 5-8

                  	
                    Unita

                  	
                    9/1/2001

                  	 	 	 	 
	 	 	 	 	
                    Section
                      28: All

                  	 	 	 	 	 	 
	 	 	 	 	
                    Section
                      32: Lots 1-5

                  	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                    Township
                      16 North, Range 121 West, 6th PM

                  	 	 	 	 	 	 
	 	 	 	 	
                    Section
                      2: Lots 4, SWNW, SW

                  	 	 	 	 	 	 
	 	 	 	 	
                    Section
                      10: Lots 1-4

                  	 	 	 	 	 	 
	 	 	 	 	
                    Section
                      12: E2SE

                  	 	 	 	 	 	 
	 	 	 	 	
                    Section
                      14: W2, SE

                  	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	
                    Township
                      17 North, Range 121 West, 6th PM

                  	 	 	 	 	
                    10
                      yr

                  	 
	 	 	 	 	
                    Section
                      24: Lots 5-12

                  	 	 	
                    2087.86

                  	
                    2087.86

                  	
                    1/8
                      roy

                  	 
	 	 	 	 	 	 	 	 	 	 	 
	
                    Above
                      and beyond 180K

                  	 	 	 	 	 	 	 	 	 	 
	
                    218-WY

                  	 	
                    Bureau
                      of Land Management

                    WYW-153673

                  	
                    Billy
                      Jim Palone

                  	
                    Township
                      16 North, Range 120 West, 6th PM,

                    Section
                      8: All

                  	
                    Unita

                  	
                    9/1/01

                  	 	 	 	 
	 	 	 	 	
                    Section
                      20: E2, E2W2

                  	 	 	 	 	 	 
	 	 	 	 	
                    Section
                      22: All

                  	 	 	 	 	 	 
	 	 	 	 	
                    Section
                      28: N2N2, SENE, S2SW, SWSE,

                  	 	 	 	 	 	 
	 	 	 	 	
                    NESW,
                      N2SE, SESE, Excl.

                  	 	 	 	 	
                    10
                      yr

                  	 
	 	 	 	 	
                    18.37
                      Ac in railroad right of way

                  	 	 	
                    2221.63

                  	
                    2221.63

                  	
                    1/8
                      roy

                  	 
	 	 	 	 	 	 	 	 	 	 	 
	
                    241-WY

                  	 	
                    Bureau
                      of Land Management

                    WYW-154704

                  	
                    Billy
                      Jim Palone

                  	
                    Township
                      15 North, Range 121 West, 6th PM

                    Section
                      10: Lots 1, 2, 3, 4

                  	
                    Uinta

                  	
                    12/1/01

                  	
                    90.32

                  	
                    90.32

                  	
                    10
                      yr

                    1/8
                      roy

                  	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 

          

           

           

          
            18

            
              

            

          

          
            
            

          

        

        
 

        
          
            This
              is Schedule “C” attached to a Purchase and Option Agreement for the Overthrust
              Prospect, Utah and Wyoming between Quaneco, L.L.C. and Fellows Energy,
              Ltd.
              dated March 12, 2004.

            

            

            Map
              of
              Prospect Area

            

            

            [Unable
              to Reproduce Original Document]

          

        

         

         

        
          
            
            

          

          
            19

            
              

            

          

          
            
            

          

        

        
 

        
          This
            is Schedule “D” attached to a Purchase and Option Agreement for the Overthrust
            Prospect, Utah and Wyoming between Quaneco, L.L.C. and Fellows Energy,
            Ltd.
            dated March 12, 2004.

          

          

          Drilling
            and Geological Requirements

          

                     
            Fellows
            Energy Ltd. Will expend approximately $1,000,000 drilling and
            coring:

          

          1--The
            Crane 6-7 well in Township 6N, Range 8E, Section 7 Rich County, Utah
            

          2--Any
            other drilling and coring Fellows chooses on the
            properties

        
20

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00091-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00091-of-00352.parquet"}]]