SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15 (d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): October 30, 1998
TEXOIL, INC.
(Exact name of small business issuer as specified in its charter)
NEVADA 0-12633 88-0177083
(State of Incorporation) (Commission File Number) (I.R.S. Employer
Identification No.)
110 CYPRESS STATION DRIVE
SUITE 220
HOUSTON, TEXAS 77090
(Address of principal executive offices)
(281) 537-9920
(Issuer's telephone number)
(NOT APPLICABLE)
(Former name or former address, if changed since last report)
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ITEM 2. ACQUISITION OF PRODUCING PROPERTIES
On October 30, 1998, the Company closed a purchase of certain proved oil and gas
properties from Sonat Exploration Company, a subsidiary of Sonat, Inc., (NYSE:
SNT), that is estimated to increase Texoil's gas reserves by approximately 148%
and oil reserves by 25%. The acquisition includes nine (9) fields located in
South Texas and Louisiana. Seven of the fields will be operated by Texoil. The
net purchase price is approximately $17.4 million, including estimated post
closing adjustments. The net price and reserve value could increase if certain
wells are restored to productive status. As of November 1, these properties were
estimated to have proved reserves of 17.6 billion cubic feet of natural gas and
1,963,000 barrels of oil, excluding certain reserves which may be classified as
proved by the Company, pending additional geological and engineering analysis.
Included in the purchase are certain production facilities and gathering lines,
interests in one gas processing plant and more than 3,000 net undeveloped acres.
One field located in South Texas was eliminated from the initial proposed
acquisition due to a preferential right to purchase the property, which was
exercised by a third party. The properties were purchased as proved producing
assets with additional anticipated development and drilling potential. The
transaction was financed entirely with bank debt under a newly increased credit
agreement. Participating banks are Comerica Bank-Texas and First Union National
Bank.
This Form 8-K contains forward-looking statements within the meaning of Section
27A of The Securities Act of 1933 and Section 21E of The Securities Act of 1934.
Texoil believes that its expectations are based on reasonable business
assumptions, however, no assurance can be given that the Company's goals will be
achieved.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
*(a) Financial statements of business acquired
*(b) Pro forma financial information
(c) Exhibits
2.1 Purchase and Sale Agreement between the Company and Sonat
Exploration Company and Sonat Texas Gathering, Inc. dated as of
September 17, 1998.
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* At the time of this report the required financial statements for the acquired
properties could not be provided, therefore, such required financial statements
will be filed by amendment when available.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunder duly authorized.
DATE: TEXOIL, INC.
By: /S/ FRANK A. LODZINSKI
FRANK A. LODZINSKI
President and Principal Financial
Officer
EXHIBIT 2.1
PURCHASE AND SALE AGREEMENT
This Purchase and Sale Agreement is made and entered into on this the 17th
day of September, 1998, by and between Sonat Exploration Company, a Delaware
corporation, and Sonat Texas Gathering Company, a Delaware Corporation
(collectively herein "Seller"), and Texoil, Inc., a Nevada corporation
("Buyer").
1. SALE AND PURCHASE OF THE PROPERTIES. Subject to the terms and
conditions herein set forth, Seller agrees to sell, assign, convey and deliver
to Buyer and Buyer agrees to purchase and acquire from Seller at the Closing
(defined in Article 12, below) but effective as of 7:00 a.m., Central Time, on
April 1, 1998 (the "Effective Date"), all of Seller's right, title and interest
in each property set forth on Exhibit A ("Units and Wells"), Exhibit B ("Leases,
Rights-of-Way and Easements"), all other interest, if any, owned by Seller, in,
to and under the Units, Wells, Leases, Rights of Way and Easements and all
contracts relating thereto; and as of the Closing Date, all of Seller's right,
title and interest in the equipment located on or appurtenant to a Lease and
used exclusively in connection with the operation of a Well as well as the items
listed on Exhibit C, to include the assignment of a seismic license in relation
to seismic data (to the extent that Seller has the right to assign such data)
associated with the North Crowley field ("Pipelines and Other Personal Property"
and, collectively, "Properties").
2. PURCHASE PRICE. The purchase price for the Properties shall be Twenty
Five Million Five Hundred Thousand and no/100 Dollars ($25,500,000.00)
("Purchase Price"), subject to any applicable adjustments as are hereinafter
provided. As evidence of good faith, with the signing of this Agreement, Buyer
has deposited One Million Dollars ($1,000,000) in cash with Seller ("Performance
Deposit"). The Performance Deposit will not bear interest and is not refundable,
except as specifically provided in this Agreement. Any forfeiture of the
Performance Deposit as provided in this Agreement will be in addition to, and
not in lieu of, any right or remedies that Seller has under law or in equity for
Buyer's failure to perform under this Agreement.
3. ADJUSTMENTS TO PURCHASE PRICE; FINAL PURCHASE PRICE. The Purchase Price
shall be adjusted as follows and the resulting amount shall be referred to
herein as the Final Purchase Price:
3.1 INCREASES IN PURCHASE PRICE: The Purchase Price shall be
increased by an amount equal to the sum of the following amounts:
3.1.1 The amount of costs and expenses, including, without
limitation, such capital expenditures as are permitted by Section
6.1.1. below incurred by Seller in the ordinary course of Seller's
business and customary overhead charges related to the Properties
from the Effective Date to the Closing Date.
3.1.2 The amount of all prepaid expenses, including, without
limitation, ad valorem, property and similar taxes and assessments
based upon or measured by
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ownership of the Properties and attributable to periods of time
after the Effective Date.
3.1.3 Any amounts due to Seller from other parties as of the
Effective Date with respect to any Imbalance existing at the
Effective Date, such amounts to be determined:
(a) for production Imbalances by multiplying the
Imbalance volume by $1.75 per MCF and then reducing such
amount by the leasehold burdens including royalties,
overriding royalties and production payments, if any, and
severance taxes to be paid on such amount, and
(b) for pipeline, transportation or processing
Imbalances by multiplying the Imbalance volume by the price
actually in effect for make-up gas if made-up prior to Closing
or by $1.75 per MMBTU if not made-up, and then reducing such
amount by the sum of the total of the leasehold burdens
including royalties, overriding royalties and production
payments, if any, and severance and similar taxes, if any,
actually paid on such amount plus all penalties and other
charges on the Imbalance.
The term "Imbalance" means any gas or other hydrocarbon production,
pipeline, transportation or processing Imbalance existing as of the
Effective Date with respect to any of the Properties, together with
any related rights or obligations as to future cash and/or gas or
product balancing, as a result of, in the case of production
Imbalances, Seller having taken and sold for Seller's account
cumulative production which is greater or less than Seller's Working
Interest share in cumulative production, or, in the case of a
pipeline, transportation or processing Imbalances, Seller having
delivered production which is greater or less than the production
volume Seller contracted to deliver.
3.1.4 As to Wells in which Seller's Net Revenue Interest (as
defined in Article 10 below) is determined to be greater than the
decimal interest noted in Exhibit A, an amount determined by
multiplying the Allocated Value (as hereinafter defined) for
Seller's interest in the Well in question by a fraction, the
numerator of which shall be the decimal increase in Seller's Net
Revenue Interest in such Well from the percentage shown for such
Well in Exhibit A and the denominator of which shall be the Net
Revenue Interest shown for such Well on such Exhibit.
3.1.5 The value of all merchantable, clean oil and other
products in tanks above the pipeline sales connection at the
Effective Date that is credited to the Properties, such value to be
the market or, if applicable, the contract price in effect as of the
Effective Date, less any applicable leasehold burdens including
royalties,
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overriding royalties and production payments, if any, and severance
taxes.
3.2 DECREASES IN PURCHASE PRICE: The Purchase Price shall be
decreased by an amount equal to the sum of the following amounts:
3.2.1 The amount of all proceeds received by Seller, net of
all applicable taxes and leasehold burdens including royalties,
overriding royalties and production payments, if any, attributable
to production from the Properties for periods of time after the
Effective Date, excluding, however, proceeds from all production
prior to the Effective Date, which proceeds shall be for the account
of Seller.
3.2.2 Any amounts due from Seller to other parties as of the
Effective Date with respect to any Imbalances existing at the
Effective Date, such amounts to be determined:
(a) for production Imbalances by multiplying the
Imbalance volume by $1.75 per MCF and then reducing such
amount by the leasehold burdens including royalties,
overriding royalties and production payments, if any, and
severance taxes to be paid on such amount, and
(b) for pipeline, transportation or processing
Imbalances by multiplying the Imbalance volume by the price
actually in effect for make-up gas if made-up prior to Closing
or by $1.75 per MMBTU if not made-up and then reducing such
amount by the sum of the total leasehold burdens including
royalties, overriding royalties and production payments, if
any, and severance and similar taxes, if any, actually paid on
such amount plus the amount of all penalties and other charges
on the Imbalance.
3.2.3 An amount equal to all ad valorem, property, and similar
taxes and assessments based upon or measured by Seller's ownership
of the Properties that are unpaid as of the Closing Date and
attributable to periods of time prior to the Effective Date, which
amounts shall be computed based upon such taxes and assessments for
the calendar year 1997; provided that if such taxes or assessments
are assessed on other than a calendar year basis, for the tax
related year last ended.
3.2.4 Any amount determined in connection with uncured Title
Defects as provided for in Article 10 below.
3.2.5 Any amount determined in connection with Adverse
Environmental Conditions as provided for in Article 19 below.
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3.2.6 Any amount determined in connection with Material Change
in Condition as provided for in Section 10.5 below.
4. REPRESENTATIONS AND WARRANTIES OF SELLER. Seller represents and
warrants to Buyer that:
4.1 ORGANIZATION. Seller is a corporation duly organized, validly
existing and in good standing under the laws of the State of Delaware and
is qualified to do business in and in good standing under the laws of the
state(s) where the Properties are located.
4.2 AUTHORITY. Seller has full power and authority and has taken all
requisite action, corporate or otherwise, to authorize it to carry on its
business as currently conducted, to enter into this Agreement and to
perform its obligations under this Agreement.
4.3 ENFORCEABILITY. This Agreement has been duly executed and
delivered on behalf of Seller and constitutes the legal, valid and binding
obligation of Seller enforceable in accordance with its terms. At the
Closing, all documents required hereunder to be executed and delivered by
Seller shall be duly authorized, executed and delivered and shall
constitute legal, valid and binding obligations of Seller enforceable in
accordance with their respective terms.
4.4 CONTRACTS. To the best of Seller's knowledge, the material terms
of all leases, operating agreements, production sales contracts, farmout
agreements and other contracts or agreements respecting the Properties can
be found either of record in the county and parish in which the Properties
are located or are reflected or referenced in Seller's files. To the
knowledge of Seller, the information contained in the files is correct
however, Seller makes no representation or warranty in relation thereto.
To the knowledge of Seller, the Properties are in good and workmanlike
condition and suitable for the purposes for which they are intended,
however Seller makes no representation or warranty in relation thereto. In
relation to 6.2.1 (b) (i) and (iii), Seller represents to the best of
Seller's knowledge, that the information not available for disclosure will
not have a material adverse effect on the transaction contemplated herein
nor have a value such that either party would have the right to terminate
the agreement in accordance with Section 18.2 below.
4.5 PREFERENTIAL PURCHASE RIGHTS/CONSENTS. To the best of Seller's
knowledge, Exhibit D sets forth all consents and approvals required to be
obtained for, and all preferential purchase rights exercisable in
connection with, the assignment of the Properties to Buyer
4.6 LITIGATION AND CLAIMS. To the best of Seller's knowledge, except
as set forth in Exhibit E, no claim, demand, filing, cause of action,
administrative proceeding, lawsuit
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or other litigation is pending or threatened that could now or hereafter
materially and adversely affect Buyer's ownership, operation or value of
any of the Properties. It is understood, that Sonat shall maintain
responsibility for the three items listed on Exhibit E, CLAIMS AND
DEMANDS, under the heading North Crowley Field.
5. REPRESENTATIONS AND WARRANTIES OF BUYER. Buyer represents and warrants
to Seller that:
5.1 ORGANIZATION. Buyer is a corporation duly organized, validly
existing and in good standing under the laws of the State of Nevada and is
qualified to do business in and in good standing under the laws of the
state(s) where the Properties are located.
5.2 AUTHORITY. Buyer has full power and authority and has taken all
requisite action, corporate or otherwise, to authorize it to carry on its
business as currently conducted, to enter into this Agreement, to purchase
the Properties on the terms described in this Agreement and to perform its
other obligations under this Agreement.
5.3 ENFORCEABILITY. This Agreement has been duly executed and
delivered on behalf of Buyer, and constitutes the legal, valid and binding
obligation of Buyer enforceable in accordance with its terms. At the
Closing, all documents required hereunder to be executed and delivered by
Buyer shall be duly authorized, executed and delivered and shall
constitute legal, valid and binding obligations of Buyer enforceable in
accordance with their respective terms.
5.4 DUE DILIGENCE. Buyer represents that it has performed, or will
perform before Closing, sufficient review and due diligence with respect
to the Properties, including, without limitation, reviewing well data and
other files and performing all on-site and other necessary evaluations,
assessments and other tasks relating to the Properties, so as to enable
Buyer to acquire the Properties under the terms of this Agreement.
5.5 BASIS OF BUYER'S DECISION. Buyer represents that by reason of
its knowledge and experience in the evaluation, acquisition, and operation
of oil and gas properties, Buyer has evaluated the merits and risks of
purchasing the Properties from Seller and has formed an opinion based
solely on Buyer's knowledge and experience and not on any representations
or warranties by Seller. ANY AND ALL INFORMATION, DATA OR OTHER MATERIALS
FURNISHED TO BUYER BY SELLER CONCERNING THE PROPERTIES, AND THE OPERATIONS
THEREOF, HAS BEEN OR SHALL BE FURNISHED SOLELY FOR BUYER'S CONVENIENCE,
AND SHALL NOT CONSTITUTE A REPRESENTATION OR WARRANTY OF ANY KIND BY
SELLER. ANY RELIANCE ON OR USE OF SUCH INFORMATION, DATA OR OTHER
MATERIALS SHALL BE AT BUYER'S SOLE RISK.
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6. COVENANTS OF SELLER.
6.1 CONDUCT OF BUSINESS PENDING CLOSING. Seller covenants that from
the date hereof to the Closing Date, except (a) as provided herein, (b) as
required by any obligation, agreement, lease, contract, or instrument
referred to in any exhibit hereto, or (c) as otherwise consented to in
writing by Buyer, Seller will:
6.1.1 Not (a) act in any manner with respect to the Properties
other than in the normal, usual and customary manner, consistent
with prior practice; (b) dispose of, encumber or relinquish any of
the Properties (other than relinquishments resulting from the
expiration of leases that Seller has no right or option to renew);
(c) waive, compromise or settle any material right or claim with
respect to any of the Properties; or (d) conduct capital or workover
projects with respect to the Properties in excess of $15,000 except
when required by an emergency when there shall have been
insufficient time to obtain advance consent from Buyer.
6.1.2 Use its best efforts to preserve relationships with all
third parties having business dealings with respect to the
Properties.
6.1.3 Cooperate with Buyer in the notification of all
applicable governmental regulatory authorities of the transactions
contemplated hereby and cooperate with Buyer in obtaining the
issuance by each such authority of such permits, licenses and
authorizations as may be necessary for Buyer to own and operate the
Properties following the consummation of the transactions
contemplated by this Agreement.
6.1.4 Notify Buyer of the discovery by Seller that any
representation or warranty of Seller contained in this Agreement is
or becomes materially untrue or will be materially untrue on the
Closing Date.
6.2 ACCESS.
6.2.1 GENERAL. Seller shall afford to Buyer and its authorized
representatives reasonable access, at Buyer's sole risk and expense
and during normal business hours, from the date hereof until the
Closing Date, to (a) the Properties operated by Seller; PROVIDED,
HOWEVER, THAT BUYER SHALL RELEASE, DEFEND, INDEMNIFY AND HOLD
HARMLESS SELLER FROM AND AGAINST ANY AND ALL LOSSES, COSTS, DAMAGES,
OBLIGATIONS, CLAIMS, LIABILITIES, EXPENSES AND CAUSES OF ACTION
ARISING FROM BUYER'S INSPECTION OF THE PROPERTIES, INCLUDING,
WITHOUT LIMITATION, CLAIMS FOR PERSONAL INJURIES OR DEATH, PROPERTY
DAMAGE, COURT COSTS AND REASONABLE ATTORNEYS'
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FEES, and (b) Seller's operating, accounting, contract, corporate
and legal files, records, materials, data and information used or
generated in its normal course of business regarding the Properties
("Data"); provided, however, that Data shall not include (i) any
legal materials the disclosure of which Seller determines would
jeopardize the assertion of a privilege in ongoing or anticipated
litigation with third parties, (ii) information not included in
files specifically identified to the Properties in accordance with
Seller's existing filing and data management system, or (iii)
information, the disclosure of which would violate any
confidentiality agreement to which Seller is bound.
6.2.2. PUBLIC REPORTING REQUIREMENTS. Buyer is a publicly
traded company subject to certain reporting requirements of the
Securities and Exchange Commission ("SEC"). Seller grants Buyer
reasonable access to such of Seller's records (excluding any reserve
data generated by either Sonat or any third party on behalf of
Sonat) as are necessary to compile required information and perform
such audit procedures as are reasonably necessary, in the opinion of
Buyer's accountants and legal counsel, to comply with the reporting
requirements of the SEC, all at Buyer's sole cost.
6.3 RELEASE OF GEOLOGIC AND GEOPHYSICAL INFORMATION. Prior to
Closing, Buyer shall be allowed to review and copy geologic and
geophysical information, maps, and data in Seller's files attributable to
the Properties to the extent Seller may disclose to Buyer such materials
without violating any confidentiality agreements or licenses. After
Closing, Seller will endeavor to deliver originals of any geological or
geophysical information, maps and logs discovered in Seller's possession
and not included in the files delivered to Buyer at Closing to the extent
delivery of such material would not violate any confidentiality agreement
or license. Buyer agrees that it will obtain and use such materials at its
own risk and expense, and further, Buyer releases Seller from any and all
liability and agrees to release, defend, indemnify and hold harmless
Seller from all claims, demands, judgments, costs, and expenses (including
courts costs and reasonable attorneys' fees) brought by Buyer and/or all
other parties arising from the use, possession or transfer of such
information without limit as to time.
6.4 CLOSING CONDITIONS. Seller shall cause all the representations
and warranties of Seller contained in this Agreement to be true and
correct in all material respects on and as of the Closing Date. To the
extent the conditions precedent to the obligations of Buyer are within the
control of Seller, Seller shall cause such conditions to be satisfied on
or prior to the Closing Date and, to the extent the conditions precedent
to the obligations of Buyer are not within the control of Seller, Seller
shall use commercially reasonable efforts to cause such conditions to be
satisfied on or prior to the Closing Date.
7. COVENANTS OF BUYER-CLOSING CONDITIONS. Buyer shall cause all the
representations
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and warranties of Buyer contained in this Agreement to be true and correct on
and as of the Closing Date. To the extent the conditions precedent to the
obligations of Seller are within the control of Buyer, Buyer shall cause such
conditions to be satisfied on or prior to the Closing Date and, to the extent
the conditions precedent to the obligations of Seller are not within the control
of Buyer, Buyer shall use commercially reasonable efforts to cause such
conditions to be satisfied on or prior to the Closing Date.
8. CONDITIONS PRECEDENT TO THE OBLIGATIONS OF SELLER. The obligations of
Seller to be performed at Closing are subject to the fulfillment (or waiver by
Seller in its sole discretion) before or at Closing, of each of the following
conditions:
8.1 REPRESENTATIONS AND WARRANTIES. The representations and
warranties by Buyer set forth in this Agreement shall be true and correct
in all material respects at and as of the Closing as though made at and as
of the Closing; and Buyer shall have performed and complied with, in all
material respects, all covenants and agreements required to be performed
and satisfied by Buyer at or prior to the Closing. If, at Closing, Seller
has knowledge that Buyer is in breach of any part of this Section 8.1, it
shall disclose such to Buyer in order to afford Buyer an opportunity to
correct same.
8.2 NO LITIGATION. There shall be no suits, actions or other
proceedings pending or threatened to enjoin the consummation of the
transactions contemplated by this Agreement or seeking substantial damages
against Seller in connection therewith.
8.3 APPROVALS. All known approvals required to be obtained for the
assignment of the Properties to Buyer shall have been obtained, waived,
handled in accordance with Section 10.4 herein, or shall have expired
without being exercised, except for those approvals which are customarily
obtained after closing.
8.4 CLOSING OBLIGATIONS. Buyer shall contemporaneously perform its
closing obligations under Section 12.2.
8.5 ANTITRUST LAWS. Seller and Buyer shall have fully complied with
Title II of the Hart-Scott-Rodino Antitrust Improvements Act of 1976, and
rules and regulations promulgated pursuant thereto, to the extent that
said Act, rules and regulations are applicable to the transactions
contemplated by this Agreement. Any required approvals or authorizations
pursuant to the Act shall have been received, and any required waiting
period shall have expired.
9. CONDITIONS PRECEDENT TO THE OBLIGATIONS OF BUYER. The obligations of
Buyer to be performed at Closing are subject to the fulfillment (or waiver by
Buyer in its sole discretion) before or at Closing, of each of the following
conditions:
9.1 REPRESENTATIONS AND WARRANTIES. The representations and
warranties by
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Seller set forth in this Agreement shall be true and correct in all
material respects at and as of the Closing as though made at and as of the
Closing; and Seller shall have performed and complied with, in all
material respects, all covenants and agreements required to be performed
and satisfied by Seller at or prior to the Closing. If, at Closing, Buyer
has knowledge that Seller is in breach of any part of this Section 9.1, it
shall disclose such to Seller in order to afford Seller an opportunity to
correct same.
9.2 NO LITIGATION. There shall be no suits, actions or other
proceedings pending or threatened to enjoin the consummation of the
transactions contemplated by this Agreement or seeking substantial damages
against Buyer in connection therewith.
9.3 CONSENTS. All known approvals required to be obtained for the
assignment of the Properties to Buyer shall have been obtained or waived
or shall have expired without being exercised, except for those approvals
which are customarily obtained after closing.
9.4 CLOSING OBLIGATIONS. Seller shall contemporaneously perform its
closing obligations under Section 12.2.
9.5 ANTITRUST LAWS. Seller and Buyer shall have fully complied with
Title II of the Hart-Scott-Rodino Antitrust Improvements Act of 1976, and
rules and regulations promulgated pursuant thereto, to the extent that
said Act, rules and regulations are applicable to the transactions
contemplated by this Agreement. Any required approvals or authorizations
pursuant to the Act shall have been received, and any required waiting
period shall have expired.
10. TITLE MATTERS.
10.1 TITLE ADJUSTMENT. There shall not exist at Closing any uncured
Title Defects which exceed the Title Basket Value (as defined in Section
10.3.2(b) below) unless adjustments therefor have been made pursuant to
the further terms of this Agreement or Buyer has elected to waive any such
Title Defects. Buyer shall notify Seller in writing of any claimed Title
Defects not less than five (5) business days prior to Closing (Title
Defects Notice). The Title Defects Notice shall (a) set forth in
reasonable detail the Well and/or Lease with respect to which a claimed
Title Defect is made, (b) the nature of such claimed Title Defect, and (c)
Buyer's proposed calculation of the Defect Value of each claimed Title
Defect. Any Title Defect that is not identified in the Title Defects
Notice shall thereafter be deemed a Permitted Encumbrance and be forever
waived and expressly assumed by Buyer.
As used in this Agreement, the term:
10.1.1 "Title Defect" shall mean, with respect to Seller's
interest in each of the Wells, any lien, mortgage, pledge, claim,
charge, option, defect, requirement for consent to assignment and
other encumbrance which would apply to the transaction contemplated
hereby, other than Permitted Encumbrances, or entitle the owner
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thereof to receive a percentage of all proceeds of production
therefrom less than the Net Revenue Interest of Seller set forth on
Exhibit A for such Well or cause Buyer to bear a greater Working
Interest than set forth on Exhibit A for such well without a
proportionate increase in the Net Revenue Interest therefore. For
purposes of this Agreement, in evaluating the significance of a
fact, circumstance or condition to determine whether the same
constitutes a Title Defect, due consideration shall be given to the
length of time that the particular Property has been producing
hydrocarbon substances and whether such fact, circumstance or
condition is of the type expected to be encountered in the area
involved and is usual and customarily acceptable to reasonable and
prudent operators, interest owners, and purchasers engaged in the
business of the ownership, development and operation of oil and gas
properties.
10.1.2 "Net Revenue Interest" shall mean Seller's interest in
and to all production of oil, gas and other minerals saved, produced
and sold from any Well after giving effect to all valid lessor's
royalties, overriding royalties, production payments, carried
interests, liens and other encumbrances or charges against
production therefrom.
10.1.3 "Working Interest" shall mean, with respect to the
Wells, Seller's interest in and to the full and entire leasehold
estate created under and by virtue of the Leases and all rights and
obligations of every kind and character appurtenant thereto or
arising therefrom, without regard to any valid lessor's royalty,
overriding royalties, production payments, carried interests, liens,
or other encumbrances or charges against production therefrom
insofar as such interest in said leasehold estate is burdened with
the obligation to bear and pay costs of operations.
10.1.4 "Permitted Encumbrances" shall mean:
(a) Lessors' royalties, overriding royalties,
reversionary interests and similar burdens if the net
cumulative effect of the burdens does not operate to reduce
the interest of Seller with respect to all oil and gas
produced from any Well below the Net Revenue Interest for such
Well set forth in Exhibit A;
(b) Division orders and sales contracts terminable
without penalty upon no more than 90 days notice to the
purchaser;
(c) All preferential rights to purchase and required
third party consents to assignment and similar agreements with
respect to which waivers or consents are obtained from the
appropriate parties, or which are disclosed on Exhibit D
hereto.;
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(d) Materialman's, mechanic's, repairman's, employee's,
contractor's, operator's, tax, and other similar liens or
charges arising in the ordinary course of business for
obligations that are not delinquent or that will be paid and
discharged in the ordinary course of business or if
delinquent, that are being contested in good faith by
appropriate action of which Buyer is notified in writing
before Closing;
(e) All rights to consent by, required notices to,
filings with, or other actions by governmental entities in
connection with the sale or conveyance of oil and gas leases
or interests therein if they are routinely obtained subsequent
to the sale or conveyance;
(f) Easements, rights-of-way, servitudes, permits,
surface leases and other rights in respect of surface
operations that do not materially interfere with the oil and
gas operations to be conducted on any Well or Lease;
(g) All operating agreements, unit agreements, unit
operating agreements, pooling agreements and pooling
designations affecting the Properties that are either of
record in Seller's chain of title or reflected or referenced
in Seller's files;
(h) Conventional rights of reassignment prior to release
or surrender requiring notice to the holders of the rights;
(i) All rights reserved to or vested in any
governmental, statutory or public authority to control or
regulate any of the Properties in any manner, and all
applicable laws, rules and orders of governmental authority;
(j) The terms and conditions of the Leases, and of all
agreements that are of record in Seller's chain of title or
reflected or referenced in Seller's files;
(k) All other liens, charges, encumbrances, contracts,
agreements, instruments, obligations, defects and
irregularities affecting the Properties which individually or
in the aggregate are not such as to interfere materially with
the operation, value or use of any of the Properties, do not
prevent Buyer from receiving the proceeds of production from
any of the Wells, do not reduce the interest of Seller with
respect to all oil and gas produced from any Well below the
Net Revenue Interest set forth in Exhibit A for such
<PAGE>
Well, and/or do not materially increase the portion of the
costs and expenses relating to any Well that Seller is
obligated to pay above the Working Interest set forth in
Exhibit A for such Well;
(l) Any Title Defect relating to a Well that has existed
for a period of at least four years immediately prior to the
Effective Date (simply by virtue of its existence and not upon
the occurrence of a certain event) giving a third party the
right to take any action or assert any claim that could affect
Seller's right to receive income or revenues from the Well to
which such defect relates, and with respect to which Seller
has been receiving income from the affected Well without
contest or under notice of adverse claim for a period of at
least four years immediately prior to the Effective Date; and
(m) Any Title Defects Buyer may have expressly waived in
writing or which are deemed to have become Permitted
Encumbrances under Section 10.1.
10.1.5 "Defect Value" shall mean the amount by which the
Allocated Value of any Well is reduced as a result of each Title
Defect which is accepted by Seller or determined to be a Title
Defect pursuant to Section 10.2.
10.1.6 "Allocated Value" shall mean, with respect to any Well,
the value specified therefor on Exhibit A attached hereto.
10.2 DETERMINATION OF TITLE DEFECTS AND DEFECT VALUES. Within five
(5) business days after Seller's receipt of the Title Defects Notice,
Seller shall notify Buyer whether Seller agrees with Buyer's claimed Title
Defects and/or the proposed Defect Values therefor (Seller's Response). If
Seller does not agree with any claimed Title Defect and/or the proposed
Defect Value therefor, then the parties shall enter into good faith
negotiations and shall attempt to agree on such matters. If the parties
cannot reach agreement concerning either the existence of a Title Defect
or a Defect Value within ten (10) business days after Buyer's receipt of
Seller's Response, upon either party's request, the parties shall mutually
agree on and employ an attorney experienced in title examination in the
state where the Properties are located ("Title Consultant") to resolve all
points of disagreement relating to Title Defects and Defect Values;
provided, however, that if at any time the Title Consultant so chosen
fails or refuses to perform hereunder, a new Title Consultant shall be
chosen by the parties. The cost of any such Title Consultant shall be
borne 50% by Seller and 50% by Buyer. Each party shall present a written
statement of its position on the Title Defect and/or Defect Value in
question to the Title Consultant within five (5) business days after the
Title Consultant is selected, and the Title Consultant shall make a
determination of all points of disagreement in accordance with the terms
and conditions of this Agreement within ten (10)
<PAGE>
business days of receipt of such position statements. The determination by
the Title Consultant shall be conclusive and binding on the parties, and
shall be enforceable against any party in any court of competent
jurisdiction. If necessary, the Closing Date shall be deferred only as to
those Properties affected by any unresolved disputes regarding the
existence of a Title Defect and/or the Defect Value until the consultant
has made a determination of the disputed issues with respect thereto and
all subsequent dates and required activities with respect to any such
Properties having reference to the Closing Date shall be correspondingly
deferred; provided, however, that, unless Seller and Buyer mutually agree
to the contrary, the Closing Date shall not be deferred in any event for
more than sixty (60) days beyond the original Closing Date. All Properties
as to which no such dispute(s) exist shall be conveyed to Buyer subject to
the terms of this Agreement at Closing. Once the Title Consultant's
determination has been expressed to both parties, Seller shall have five
(5) business days in which to advise Buyer in writing which of the options
available to Seller under Section 10.3 below Seller elects regarding each
of the Properties as to which the Title Consultant has made a
determination.
10.3 REMEDIES FOR TITLE DEFECT. Seller shall have the right, but not
the obligation, to cure any Title Defect accepted by Seller or determined
to be a Title Defect pursuant to Section 10.2 above. With respect to any
Title Defect that Seller elects not to cure or that Seller fails to cure
at or prior to the Closing, Seller shall have the option to:
10.3.1 (a) Exclude the Property including pipelines and other
personal property necessary to operate the particular well(s)
subject to the Title Defect from this Agreement, in which event the
Purchase Price shall be reduced by the Allocated Value of such
Property and the calculations under 10.3.2 and 10.3.3 shall not
include the Allocated Value for such excluded Property, or
(b) Sell the Property subject to such Title Defect to
Buyer and the Purchase Price shall be reduced by the Defect
Value for such Title Defect.
10.3.2 No downward adjustment of the Purchase Price on account
of Title Defects shall occur unless:
(a) the Defect Value determined in accordance with this
Article 10 of an individual Title Defect exceeds $2,500.00,
and
(b) the aggregate amount of the Defect Values determined
in accordance with this Article 10 exceeds $250,000 (Title
Basket Value).
10.3.3 The amount of any such downward adjustment shall be the
difference between the aggregate amount of Defect Values and the
Title Basket Value. Should the aggregate Defect Values and/or the
Allocated Values of excluded Properties
<PAGE>
exceed ten percent (10%) of the Purchase Price, then Seller shall
have the option to terminate this Agreement, in which case neither
party shall have any further liability or obligation to the other
hereunder except as regards obligations imposed by any
confidentiality agreement, which shall survive such termination and
be enforceable in accordance with the terms thereof, and Seller will
promptly refund the Performance Deposit.
10.4 PREFERENTIAL PURCHASE RIGHTS AND CONSENTS TO ASSIGN. Seller
shall make a good faith effort to insure that all preferential purchase
rights and consents to assign arising in connection with the assignment of
the Properties to Buyer shall have been waived or obtained or shall have
expired before or by the time of Closing; except those which are
customarily obtained or received after Closing; provided, however, that if
notice of the transaction contemplated herein has been given to a party or
parties entitled to a preferential purchase right with respect thereto,
but the time during which any such party or parties has to exercise such
right has not expired, such shall not be considered as a Title Defect and
the Property or Properties subject to such right shall be conveyed to
Buyer at the Closing. In the event that any such preferential purchase
right is timely exercised, Seller shall notify Buyer thereof, whereupon
Buyer shall assign the Property or Properties affected thereby to the
party or parties exercising such preferential purchase right with the
consideration therefor to be paid directly to Buyer.
10.5 MATERIAL CHANGE IN CONDITION. Seller shall notify Buyer (i) as
to any well that was producing at the Effective Date that ceases to
produce prior to Closing and there is no reasonable expectation by Seller
that such well will produce in the future or (ii) a well or field is
required to be shut in for a period in excess of 180 days due to a
violation of any regulation or governmental ruling. Such notice shall be
in writing and delivered in a reasonable period of time after Seller has
actual knowledge of either (i) or (ii) above. The value (as applied to
either (i) or (ii), hereinafter referred to as "Change Value") to be
attributable to (i) above, shall be the allocated value for such well, or
in the case of (ii) above, the total of the allocated values for all wells
affected. The allocated value for each well shall be provided by Buyer to
Seller at the execution of this Agreement. As to any well or field that
qualifies as a Material Change in Condition, Seller will have the option
of retaining such well or field and the Purchase Price shall be reduced by
the allocated value therefore. No downward adjustment of the Purchase
Price on account of a Material Change in Condition shall occur unless:
(a) the Change Value determined in accordance with this
Article 10.5 of an individual Change Value exceeds $2,500.00,
and
(b) the aggregate amount of all Change Values determined
in accordance with this Article 10.5 exceeds $250,000 ("Change
Basket Value").
<PAGE>
The amount of any such downward adjustment shall be the difference between
the aggregate amount of Change Value and the Change Basket Value.
Should the aggregate Change Value and/or the Allocated Value of excluded
Properties exceed ten percent (10%) of the Purchase Price, then either
party shall have the option to terminate this Agreement, in which case
neither party shall have any further liability or obligation to the other
hereunder except as regards obligations imposed by any confidentiality
agreement, which shall survive such termination and be enforceable in
accordance with the terms thereof, and Seller will promptly refund the
Performance Deposit.
11. SUSPENSE FUNDS HELD BY SELLER. Seller agrees to convey and Buyer
agrees to receive all suspense funds held by Seller as of the Effective Date for
the benefit of royalty, overriding royalty interest and working interest owners
attributable to the Properties, the amount of such funds to be adjusted with
respect to suspense funds received and disbursed by Seller from and after the
Effective Date, and Buyer shall assume all past, present and future liability
associated with such funds, but only as to the suspense funds actually
transferred, and not to any liability resulting from Seller's failure to pay or
retain any amounts prior to the Effective Date in addition to the suspense funds
so transferred. All past, present and future liability associated with such
funds shall be assumed by Buyer and Buyer agrees to protect, defend, indemnify
and hold Seller and its employees harmless from and against any and all costs,
expenses, claims, demands, and causes of action of every kind and character
(including attorneys' fees and court costs) arising out of, incident to, or in
connection therewith.
12. CLOSING.
12.1 THE CLOSING. The sale and purchase of the Properties pursuant
to this Agreement shall be consummated (the Closing) in Houston, Texas at
the offices of Sonat Exploration Company on or before October 30, 1998
(the Closing Date).
12.2 CLOSING OBLIGATIONS. At the Closing, the following events shall
occur, each event under the control of one party hereto being a condition
precedent to the events under the control of the other party, and each
event being deemed to have occurred simultaneously with the other events:
12.2.1 Seller shall execute and deliver to Buyer one or more
instruments of assignment, in substantially the form of the
Assignment, Bill of Sale and Conveyance set forth as Exhibit F
hereto. Buyer shall record the Assignment as soon as reasonably
practicable after the Closing and furnish Seller with a recorded
copy thereof within thirty (30) days of such recordation.
12.2.2 Buyer shall deliver to Seller in immediately available
funds (wire
<PAGE>
transfer), the Preliminary Amount. The "Preliminary Amount" shall be
that amount to be determined by Seller prior to the Closing Date as
an estimate of the final computation of the Final Purchase Price
less the Performance Deposit. Seller shall provide Buyer a closing
statement reflecting the Preliminary Amount at least two (2)
business days prior to the Closing.
12.2.3 Seller and Buyer shall execute, acknowledge and deliver
division orders, transfer orders or letters in lieu thereof
directing all purchasers of production from the Properties to make
payment of proceeds attributable to such production occurring on or
after the Effective Date to Buyer.
12.2.4 As to those Properties operated by Seller, Seller and
Buyer shall execute all appropriate state or local forms required to
be executed to effect the administrative change of operator of such
Properties from Seller to Buyer, and Seller shall file such forms
within five (5) business days after Closing. Also with respect to
any Wells for which Seller is designated as the operator under the
applicable operating or other similar agreement, Seller shall send
letters to all working interest owners advising of Seller's
resignation as operator and recommending Buyer as the successor
operator.
12.2.5 Seller shall deliver to the Buyer possession of the
Properties at the Closing.
13. POST-CLOSING ADJUSTMENTS.
13.1 FINAL SETTLEMENT STATEMENT. After the Closing Date, Seller
shall prepare, in accordance with this Agreement and with generally
accepted accounting principles consistently applied, a statement ("Final
Settlement Statement"), a copy of which shall be delivered by Seller to
Buyer no later than ninety (90) days after the Closing Date, setting forth
each adjustment to the Purchase Price necessary to determine the Final
Purchase Price and showing the calculation of such adjustments in
accordance with Article 3. Buyer shall have forty-five (45) days after
receipt of the Final Settlement Statement to review such statement and to
provide written notice to Seller of Buyer's objection to any item on the
statement. Buyer's notice shall clearly identify the item(s) objected to
and the reasons and support for the objection(s). If Buyer does not
provide written objection(s) within the 45-day period, the Final
Settlement Statement shall be deemed correct and shall not be subject to
further adjustment. If Buyer provides written objection(s) within the
45-day period, the Final Settlement Statement shall be deemed correct with
respect to the items not objected to. Buyer and Seller shall meet to
negotiate and resolve the objections within fifteen (15) days of Seller's
receipt of Buyer's objections. If Buyer and Seller agree on all
objections, the adjusted Final Settlement Statement shall be deemed
correct and shall not be subject to further adjustment. Any items not
agreed to at the end of the 15-day period may, at either
<PAGE>
party's request, be resolved by arbitration in accordance with Section
13.2 below.
13.2 ARBITRATION. If Seller and Buyer cannot agree upon the Final
Settlement Statement, the firm of Ernst and Young, L.L.P. or other
mutually acceptable accounting firm, shall act as an arbitrator and decide
all points of disagreement with respect to the Final Settlement Statement.
The decision of the arbitrator on all such points shall be binding upon
the parties. The costs and expenses of the arbitrator shall be borne fifty
percent (50%) by Seller and fifty percent (50%) by Buyer.
13.3 PAYMENT OF FINAL PURCHASE PRICE . If the Final Purchase Price
is more than the Preliminary Amount, Buyer shall pay such difference to
Seller in immediately available funds within five (5) business days after
the parties have agreed upon the Final Settlement Statement. If the Final
Purchase Price is less than the Preliminary Amount, Seller shall pay such
difference to Buyer in immediately available funds within five (5)
business days after the parties have agreed upon the Final Settlement
Statement.
14. ASSUMPTION OF CERTAIN OBLIGATIONS. Except as provided for in Section
19.6.1(a), at Closing, Buyer shall assume all costs and liabilities and
discharge all obligations of Seller (a) under all leases, operating agreements,
production sales contracts, farmout agreements and other contracts or agreements
respecting the Properties or relating the ownership or operation of the
Properties from and after the Effective Date, and (b) with respect to all
Imbalances associated with the Properties, regardless of their nature or of the
time at which they accrued.
15. LIMITATION OF WARRANTIES. Anything in this Agreement to the contrary
notwithstanding, the Properties are being sold by Seller to Buyer without
recourse, covenant, or warranty of any kind, express, implied, or statutory,
except as to title which shall pass with a special warranty restricted to by
through or under Seller only, WITHOUT LIMITATION OF THE GENERALITY OF THE
IMMEDIATELY PRECEDING SENTENCE, SELLER CONVEYS THE PROPERTIES AS-IS, WHERE-IS
AND WITH ALL FAULTS AND EXPRESSLY DISCLAIMS AND NEGATES:
(a) ANY IMPLIED OR EXPRESS WARRANTY OF MERCHANTABILITY,
(b) ANY IMPLIED OR EXPRESS WARRANTY OF FITNESS FOR A PARTICULAR
PURPOSE, AND
(c) ANY IMPLIED OR EXPRESS WARRANTY OF CONFORMITY TO MODELS OR
SAMPLES OF MATERIALS.
SELLER ALSO EXPRESSLY DISCLAIMS AND NEGATES ANY IMPLIED OR EXPRESS
WARRANTY AT COMMON LAW, BY STATUTE OR OTHERWISE RELATING TO THE ACCURACY OF ANY
OF THE INFORMATION FURNISHED WITH RESPECT TO THE
<PAGE>
EXISTENCE OR EXTENT OF RESERVES OR THE VALUE OF THE PROPERTIES BASED THEREON OR
THE CONDITION OR STATE OF REPAIR OF ANY OF THE PROPERTIES.
THIS DISCLAIMER AND DENIAL OF WARRANTY ALSO EXTENDS TO ANY EXPRESS OR
IMPLIED REPRESENTATION OR WARRANTY AS TO THE VOLUMES AND PRICES BUYER AND SELLER
ARE OR WILL BE ENTITLED TO RECEIVE FROM PRODUCTION OF OIL, GAS OR OTHER
SUBSTANCES FROM THE PROPERTIES, IT BEING UNDERSTOOD THAT ALL RESERVE, PRICE AND
VALUE ESTIMATES UPON WHICH BUYER HAS RELIED OR IS RELYING HAVE BEEN DERIVED BY
THE INDIVIDUAL EVALUATION OF BUYER.
THE REPRESENTATIONS AND WARRANTIES MADE BY SELLER AND BUYER IN ARTICLES 4
AND 5 SHALL NOT SURVIVE CLOSING. AFTER CLOSING, NEITHER PARTY SHALL HAVE ANY
RIGHTS OR CLAIMS AGAINST THE OTHER PARTY BASED UPON THE BREACH OF ANY SUCH
REPRESENTATIONS OR WARRANTIES.
16. CROSS-INDEMNIFICATION. Except as expressly limited elsewhere in this
Agreement:
16.1 Buyer agrees to indemnify and hold Seller harmless from and
against any and all liability, loss, cost and expense (including, without
limitation, court costs and reasonable attorneys' fees) that are
attributable to the Properties conveyed to Buyer and are attributable to
periods of time on or after the Closing Date or that are attributable to a
breach by Buyer of any of its surviving representations, warranties or
covenants hereunder, and
16.2 Seller agrees to indemnify and hold Buyer harmless from and
against any and all liability, loss, cost and expense (including, without
limitation, court costs and reasonable attorneys' fees) that are
attributable to the Properties conveyed to Buyer and are attributable to
periods of time before the Closing Date or that are attributable to a
breach by Seller of any of its surviving representations, warranties or
covenants hereunder.
17. CASUALTY LOSS. Prior to Closing, Seller shall promptly notify Buyer of
any Casualty Loss of which Seller becomes aware. "Casualty Loss" shall mean,
with respect to all or any material portion of a Property, any destruction by
fire, blowout or other casualty (above or below the ground) or any taking, or
pending or threatened taking, in condemnation or under the right to eminent
domain of any Property or portion thereof occurring between the time this
Agreement is executed and the Closing Date. If any Casualty Loss occurs, Seller
shall transfer to Buyer such Property notwithstanding such Casualty Loss and
transfer to Buyer such Property insurance proceeds, claims, awards and other
payments arising out of such Casualty Loss. Provided however, prior to Closing,
Buyer shall have the option of removing and not purchasing the affected Property
from the transaction contemplated by this Agreement in the event that the
insurance proceeds are less than the Allocated Value. Seller shall not
voluntarily compromise, settle or adjust any amounts payable by reason of any
Casualty Loss without first obtaining the written consent of Buyer.
<PAGE>
18. TERMINATION AND REMEDIES.
18.1 TERMINATION. Without limiting any other legal or equitable
remedies available to Seller, if the Closing has not occurred on or prior
to November 15, 1998 Seller may terminate this Agreement, in which case it
shall give written notice of the termination to Buyer and Seller shall
retain the Performance Deposit. Provided however, if on such date there
exist a good faith dispute as to a material title matter or material
environmental condition, or the value claimed in relation thereto, then
such date shall be extended to November 30, 1998 to allow the parties time
to try and resolve such dispute.
18.3 SOLE REMEDY OF BUYER PRIOR TO CLOSING. If at any time prior to
Closing, a material representation or warranty made herein by Seller is
incorrect or if Seller fails to fully and timely comply with any of
Seller's obligations as set forth herein or as required by applicable law,
Buyer's sole and exclusive remedy against Seller shall be to terminate
this Agreement (unless an alternative remedy shall be mutually agreed upon
between Buyer and Seller); provided, however, if such a breach consists of
Seller intentionally refusing to execute and deliver the documents
referred to in Section 12.2, Buyer may seek injunctive relief requiring
Seller to execute and deliver such documents in accordance with the terms
of this Agreement. In the event this Agreement is terminated in accordance
with this Section 18.3, Seller will promptly refund the Performance
Deposit.
19. ENVIRONMENTAL MATTERS
19.1 PRESENCE OF WASTES, NORM, HAZARDOUS SUBSTANCES, AND ASBESTOS.
Buyer acknowledges that the Properties have been used to explore for,
develop and produce oil and gas, and that spills of wastes, crude oil,
produced water, hazardous substances, and other materials may have
occurred thereon. Additionally, the Properties, including production
equipment, may contain asbestos, hazardous substances, or Naturally
Occurring Radioactive Material ("NORM"). NORM may affix or attach itself
to the inside of wells, materials, and equipment as scale or in other
forms, and NORM-containing material may have been buried or otherwise
disposed of on the Properties. Special procedures may be required for
remediating, removing, transporting, and disposing of asbestos, NORM,
hazardous substances, and other materials from the Property, and Buyer
assumes all liability for the assessment, remediation, removal,
transportation, and disposal of these materials and associated activities
in accordance with the applicable rules, regulations, and requirements of
governmental agencies.
19.2 ADVERSE ENVIRONMENTAL CONDITION. As used in the following
Sections, "Adverse Environmental Condition" means:
<PAGE>
(a) any contamination (exclusive of NORM present in or on any
Property) or condition exceeding currently-allowed regulatory limits
and not otherwise permanently authorized by permit or law, resulting
from any discharge, release, disposal, production, storage,
treatment, or any other activities on, in or from any Property, or
the migration or transportation from other lands to any Property,
prior to the Closing Date, of any wastes, pollutants, contaminants,
hazardous materials or other materials or substances subject to
regulation relating to the protection of the environment, including,
but not limited to, the Clean Air Act, the Comprehensive
Environmental Response, Compensation and Liability Act of 1980
("CERCLA"), the Federal Water Pollution Control Act, the Safe
Drinking Water Act, the Toxic Substance Control Act, the Hazardous
and Solid Waste Amendments Act of 1984, the Superfund Amendments and
Reauthorization Act of 1986, the Hazardous Materials Transportation
Act, the Clean Water Act, the National Environmental Policy Act, the
Endangered Species Act, the Fish and Wildlife Coordination Act, the
National Historic Preservation Act, and the Oil Pollution Act of
1990, as well as any state and local regulation or law governing the
same, similar or related matters, and
(b) any such contamination or condition temporarily authorized
by permit, fee agreement or other arrangement.
19.3 ENVIRONMENTAL ASSESSMENT. After the execution of this
Agreement, Buyer shall have the opportunity to conduct at its sole risk
and expense an environmental assessment of the Properties. Seller will
provide reasonable access for this purpose to Properties operated by
Seller; for any Property not operated by Seller, however, Buyer must
contact the operator of any such non-operated Property directly. Buyer or
any of its representatives and agents must comply with Seller's
environmental and safety rules and policies while on Seller's Properties.
Buyer agrees it will not disclose any information obtained in its
environmental assessment to third parties unless agreed to in writing by
Seller or unless such disclosure is expressly required by applicable law
or regulation or is compelled pursuant to legal process of any court or
governmental authority. Buyer will notify Seller in advance of any such
disclosure and will furnish Seller copies of all materials to be disclosed
prior to any disclosure thereof to third parties. As soon as possible
after Buyer's receipt thereof, Buyer shall forward to Seller copies of all
reports, data, analyses, test results, remediation cost estimates, and
recommended remediation procedures or other information concerning or
derived from Buyer's environmental assessment.
19.4 NOTICE OF ADVERSE ENVIRONMENTAL CONDITIONS. Buyer shall notify
Seller in writing of any claimed Adverse Environmental Condition not less
than five (5) business days prior to Closing ("Environmental Defects
Notice"). The Environmental Defects Notice shall (a) set forth in
reasonable detail the Well and/or Lease with respect to which a claimed
Adverse Environmental Condition is made, (b) the nature of such claimed
Adverse
<PAGE>
Environmental Condition, and (c) Buyer's proposed calculation of the cost
to remediate each claimed Adverse Environmental Condition ("Remediation
Value") Buyer shall absolutely and forever waive its right to assert any
claim or liability against Seller arising out of or in any way related to
any Adverse Environmental Condition not set forth in the Environmental
Defects Notice.
19.5 DETERMINATION OF ADVERSE ENVIRONMENTAL CONDITIONS AND
REMEDIATION VALUES. Within five (5) business days after Seller's receipt
of the Environmental Defects Notice, Seller shall notify Buyer whether
Seller agrees with Buyer's claimed Adverse Environmental Conditions and/or
the Remediation Value (Seller's Environmental Response). If Seller does
not agree with any claimed Adverse Environmental Condition and/or the
Remediation Value, then the parties shall enter into good faith
negotiations and shall attempt to agree on such matters. If the parties
cannot reach agreement concerning either the existence of an Adverse
Environmental Condition or the Remediation Value within ten (10) business
days after Buyer's receipt of Seller's Environmental Response, upon either
party's request, the parties shall mutually agree on a consultant
experienced in environmental matters in the state where the Properties are
located ("Environmental Consultant") to resolve all points of disagreement
with respect to such matters. If at any time any Environmental Consultant
so chosen fails or refuses to perform hereunder, a new Environmental
Consultant shall be chosen by the parties. The cost of any such consultant
shall be borne 50% by Seller and 50% by Buyer. Each party shall present a
written statement of its position on the Adverse Environmental Condition
and/or the Remediation Value in question to the consultant within five (5)
business days after the Environmental Consultant is selected, and the
Environmental Consultant shall make a determination of all points of
disagreement in accordance with the terms and conditions of this Agreement
within ten (10) business days of receipt of such position statements. The
determination by the Environmental Consultant shall be conclusive and
binding on the parties, and shall be enforceable against any party in any
court of competent jurisdiction. If necessary, the Closing Date shall be
deferred only as to those Properties affected by any unresolved disputes
regarding the existence of a Adverse Environmental Condition and/or the
Remediation Value until the Environmental Consultant has made a
determination of the disputed issues with respect thereto and all
subsequent dates and required activities with respect to any such
Properties having reference to the Closing Date shall be correspondingly
deferred; provided, however, that, unless Seller and Buyer mutually agree
to the contrary, the Closing Date shall not be deferred in any event for
more than sixty (60) days beyond the original Closing Date. All Properties
as to which no such dispute(s) exist shall be conveyed to Buyer subject to
the terms of this Agreement at Closing. Once the Environmental
Consultant's determination has been expressed to both parties, Seller
shall have five (5) business days in which to advise Buyer in writing
which of the options available to Seller under Section 19.6 below Seller
elects regarding each of the Properties as to which the consultant has
made a determination.
19.6 REMEDIES FOR ADVERSE ENVIRONMENTAL CONDITIONS.
<PAGE>
19.6.1 As to any Adverse Environmental Condition accepted by
Seller or determined to be an Adverse Environmental Condition,
Seller shall have the election to:
(a) remediate such Adverse Environmental Condition
at Seller's sole cost in accordance with applicable
environmental laws, and there shall be no adjustment to the
Purchase Price in respect of such Adverse Environmental
Condition and the provisions of Section 19.7 shall thereafter
apply in all respects;
(b) reduce the Purchase Price by the applicable
Remediation Value, which in no event shall exceed the
Allocated Value of the Unit and/or Well affected by such
Adverse Environmental Condition, in which event Seller shall
have no other or further obligation or liability in respect of
such Adverse Environmental Condition and the provisions of
Section 19.7 shall thereafter apply in all respects; or
(c) delete from this Agreement the Property which
contains the Adverse Environmental Condition and adjust the
Purchase Price by the Allocated Value of such Property.
19.6.2 No downward adjustment of the Purchase Price on account
of Adverse Environmental Conditions shall occur unless:
(a) the Remediation Value determined in accordance with
this Article 19 of an individual Adverse Environmental
Condition exceeds $2,500.00, and
(b) unless the aggregate sum of all Remediation Values
exceeds $250,000 (Environmental Basket Value), and the amount
of downward adjustment shall be the difference between the
aggregate sum of all Remediation Values and the Environmental
Basket Value.
Should the aggregate sum of the Remediation Values exceed ten
percent (10%) of the Purchase Price, then Seller shall have the
option to terminate this Agreement, in which case neither party
shall have any further liability or obligation to the other
hereunder except as regards obligations imposed by any
confidentiality agreement, which shall survive such termination and
be enforceable in accordance with the terms thereof, and Seller will
promptly refund the Performance Deposit.
19.6.3 If Seller elects 19.6.1(a) above, Seller will exercise
all reasonable efforts and diligence to complete the remediation
work within six (6) months of the
<PAGE>
Closing Date, but any failure by Seller to complete such remediation
efforts by such time shall not relieve Seller of its duty to satisfy
its obligation hereunder. Buyer shall allow Seller and its agents
and representatives such access to the Properties as is reasonably
necessary for performance of remediation work. Seller will conduct
such work so as not to unreasonably interfere with Buyer's
operations.
19.7 BUYER'S INDEMNIFICATION OF ADVERSE ENVIRONMENTAL CONDITIONS.
Notwithstanding anything contained in Article 16, except for the costs
associated with Seller's remediation of any Adverse Environmental
Conditions pursuant to Section 19.6.1(a) above, Buyer shall release,
defend, indemnify, and hold harmless Seller from and against any and all
claims, demands, fines/penalties, causes of action, liabilities and
obligations, and all costs and expenses (including, without limitation,
reasonable attorneys' fees and court costs) associated with all Adverse
Environmental Conditions, including, without limitation, any such
conditions arising out of or relating to any discharge, release, disposal,
production, storage, treatment or any activities on, in or from the
Properties, or the migration or transportation from any other lands to the
Properties, whether before or after the Effective Date, of materials or
substances that are at present, or become in the future, subject to
regulation under federal, state or local laws or regulations, whether such
laws or regulations now exist or are hereafter enacted, INCLUDING, WITHOUT
LIMITATION, ANY CLAIMS, DEMANDS, CAUSES OF ACTION, LIABILITIES, OR
OBLIGATIONS ARISING IN WHOLE OR IN PART FROM THE SOLE OR CONCURRENT
NEGLIGENCE OR STRICT LIABILITY OF SELLER. BUYER HEREBY RELEASES SELLER
FROM AND AGAINST ANY AND ALL CLAIMS FOR CONTRIBUTION UNDER CERCLA AND/OR
ANY OTHER ENVIRONMENTAL LAW OR REGULATION.
20. SELLER'S ELECTION TO EFFECT IRC SECTION 1031 EXCHANGE. In the event
Seller so elects, Buyer agrees to accommodate Seller in effecting a tax-deferred
exchange under Internal Revenue Code Section 1031, as amended. Seller shall have
the right to elect this tax-deferred exchange at any time prior to the date of
Closing. If Seller elects to effect a tax deferred exchange, Buyer agrees to
execute additional escrow instructions, documents, agreements, or instruments to
effect the exchange, provided that Buyer shall incur no additional costs,
expenses, fees or liabilities as a result of or connected with the exchange.
21. FURTHER ASSURANCES. After the Closing, Seller and Buyer shall execute,
acknowledge and deliver, or cause to be executed, acknowledged and delivered,
such instruments and take such other action as may be reasonably necessary or
advisable to carry out their obligations under this Agreement and under any
exhibit, document, certificate or other instrument delivered pursuant hereto.
Seller shall use its best efforts to obtain all approvals and consents required
by or necessary for the transactions contemplated by this Agreement that are
customarily obtained after Closing, provided that Seller shall not be required
to expend any funds to obtain such approvals and consents.
<PAGE>
22. ACCESS TO RECORDS. As soon as practicable after Closing, Seller shall
deliver to Buyer, at Seller's address, or at such other place as any of same may
be kept, the originals of all Data, except that Seller may retain:
(a) the originals of all Data which relate to both the Properties
and to properties other than the Properties being sold herein, in which
case Seller shall deliver duplicate copies of any such retained originals
as they relate to the Properties to Buyer, and
(b) the originals of all accounting Data, subject to the right of
Buyer to copy selected portions of such accounting Data at Buyer's expense
and with minimal disruption of Seller's ongoing business.
For a period of six (6) years after the date of Closing, Buyer will retain the
Data delivered to it pursuant hereto and will make such Data available to Seller
upon reasonable notice at Buyer's headquarters at reasonable times and during
office hours. Buyer shall notify Seller in writing within thirty (30) days of
the sale to a third party of all or any part of the Properties which involves
the transfer of any of the Data of the name and address of the buyer(s) in any
such sale. Buyer shall require as part of any such sales transaction that such
third party assume the obligations imposed on Buyer in this Article 22.
23. USE OF SONAT NAME. Buyer agrees that, as soon as practicable after the
Closing, it will remove or cause to be removed the names and marks "Sonat",
"Sonat Exploration Company", and all variations and derivatives thereof and
logos relating thereto from the Properties of which it has assumed operations
and will not thereafter make any use whatsoever of such names, marks, and logos.
24. NOTICES. All notices required or permitted under this Agreement shall
be in writing and shall be delivered personally or by telecopier as follows:
Seller:Sonat Exploration Company
P. O. Box 1513
Houston, Texas 77251-1513
Telephone: (713) 940-4032
Fax/Telecopier: (713) 940-6903
Attention: Vice President Legal-Land
Buyer:Texoil, Inc.
110 Cypress Station Drive, Ste 220
Houston, Texas 77090
Telephone: (281) 537-9920
Fax/Telecopier: (713) 537-8324
Attention: Mandel Selber
<PAGE>
or to such other place within the United States of America as either Seller or
Buyer may designate as to themselves by written notice to the other. All
notices, other than by fax, shall be deemed received upon the date of actual
receipt at the appropriate address. Notice given by fax shall be effective upon
actual receipt if received prior to 5 p.m. during normal business days or at the
beginning of the next business day after receipt if received after 5 p.m. All
notices by fax shall be confirmed promptly after transmission, by certified mail
or personal delivery.
25. GOVERNING LAW. This Agreement shall be governed by and construed in
accordance with the laws of the State of Texas.
26. ASSIGNMENT. This Agreement shall be binding upon and shall inure to
the benefit of the parties hereto; it shall not, however, be assignable by Buyer
without Seller's prior written consent.
27. SONAT EMPLOYEES. Buyer agrees that it will not contact, either
directly or indirectly, any of Seller's employees for possible future employment
without Seller's prior consent.
28. PUBLIC ANNOUNCEMENTS. Prior to making any public announcement or
statement with respect to this Agreement or the transactions contemplated
herein, the party contemplating the announcement shall make such announcement
available to the other party. Any comments or suggestions from the party
receiving such proposed announcement will be given due consideration prior to
final release.
29. EXPENSES, FEES AND TAXES. Each of the parties hereto shall pay its own
fees and expenses incident to the negotiation and preparation of this Agreement
and consummation of the transactions contemplated hereby, including broker fees.
Buyer shall be responsible for the cost of all fees for the recording of
transfer documents. All other costs shall be borne by the party incurring them.
Notwithstanding anything to the contrary herein, it is acknowledged and agreed
by and between Seller and Buyer that the Purchase Price excludes any sales taxes
or other taxes in connection with the sale of property pursuant to this
Agreement. If a determination is ever made that a sales tax or other transfer
tax applies, Buyer shall be liable for such tax as well as any applicable
conveyance, transfer and recording fees, and real estate transfer stamps or
taxes imposed on any transfer of property pursuant to this Agreement. Buyer
shall release, defend, indemnify and hold harmless Seller with respect to the
payment of any of such taxes, including any interest or penalties assessed
thereon.
30. LAWS AND REGULATIONS. From and after the Closing:
30.1 Buyer shall comply with all applicable laws, ordinances, rules
and regulations and shall properly obtain and maintain all permits
required by public authorities with regard to the Properties, and shall
provide and maintain with all applicable regulatory agencies all required
bonds, and
<PAGE>
30.2 Buyer shall assume all of Seller's obligations with regard to
abandonment of all existing unplugged wells, whether producing or
non-producing, and abandonment of the leasehold property including, where
applicable, the plugging of wells and the restoration of the surface as
completely as practicable and/or in compliance with all applicable laws,
rules, regulations and in compliance with all leases and other agreements
affecting the Properties, and shall release, defend, indemnify and hold
harmless Seller with respect to any and all of those obligations.
31. HEADINGS. The headings of the articles and sections of this Agreement
and any listing of its contents are for guidance and convenience of reference
only and shall not limit or otherwise affect any of the terms or provisions of
this Agreement. Where the context so admits, words importing the singular number
only shall include the plural, and likewise words importing a gender shall
include any other gender.
32. ENTIRE AGREEMENT; AMENDMENTS; WAIVERS. This Agreement constitutes the
entire agreement between the parties hereto with respect to the subject matter
hereof, superseding all prior negotiations, discussions, agreements and
understandings, whether oral or written, relating to such subject matter. This
Agreement may not be amended and no rights hereunder may be waived except by a
written document signed by the party to be charged with such amendment or
waiver. No waiver of any of the provisions of this Agreement shall be deemed or
shall constitute a waiver of any other provisions hereto (whether or not
similar) nor shall such waiver constitute a continuing waiver unless otherwise
expressly provided.
The obligations set forth hereinabove shall survive the Closing and Buyer shall
remain liable therefor as regards Seller even if Buyer shall assign, sell or
transfer the Properties to a third party.
THIS SPACE LEFT BLANK INTENTIONALLY
<PAGE>
33. EXHIBITS. The following Exhibits are incorporated herein and are a
part hereof.
Exhibit A - Units and Wells
Exhibit B - Leases, Rights-of-Way and Easements
Exhibit C - Pipelines and Other Personal Property
Exhibit D - Preferential Purchase Rights/Consents
Exhibit E - Litigation and Claims
Exhibit F - Form of Assignment, Bill of Sale and Conveyance
Executed as of the date set forth above.
SELLER
SONAT EXPLORATION COMPANY
By:______________________________
Its:______________________________
SONAT TEXAS GATHERING COMPANY
By:______________________________
Its:______________________________
<PAGE>
BUYER
TEXOIL, INC.
____________________________________
By: Mandel Selber
Vice President, Land
<PAGE>
EXHIBIT A - WELLS (PART 1)
<TABLE>
<CAPTION>
FIELD / WELL NAME PROPERTY # API # WI NRI
=============================================== ================ ========================================== ================
<S> <C> <C> <C> <C>
BONEBRAKE, WEBB COUNTY,
TEXAS
=============================================== ================ ========================================== ================
BONEBRAKE #1 1819006 42-479-34138 0.3923200 0.3105867
=============================================== ================ ========================================== ================
BONEBRAKE #2 1819005 42-479-34227 0.4000000 0.3166667
=============================================== ================ ========================================== ================
BONEBRAKE #3 1819004 42-479-34647 0.4000000 0.3166667
=============================================== ================ ========================================== ================
BONEBRAKE #4 1819002 42-479-34706 0.4000000 0.3166667
=============================================== ================ ========================================== ================
BONEBRAKE #5 1819003 42-479-34785 0.4000000 0.3166667
=============================================== ================ ========================================== ================
BONEBRAKE #7 1816001 42-479-35946 0.4000000 0.3166667
=============================================== ================ ========================================== ================
=============================================== ================ ========================================== ================
DCRC, DUVAL COUNTY, TEXAS
=============================================== ================ ========================================== ================
Ellie C Allocations 0420007 n/a 1.0000000 n/a
=============================================== ================ ========================================== ================
Valero North Allocation A 0420009 n/a 1.0000000 n/a
=============================================== ================ ========================================== ================
64 Central Compressor 0420010 n/a 1.0000000 n/a
=============================================== ================ ========================================== ================
258 Compressor 0420017 n/a 1.0000000 n/a
=============================================== ================ ========================================== ================
82-4 Compressor 0420018 n/a 1.0000000 n/a
=============================================== ================ ========================================== ================
57 Compressor 0420035 n/a 1.0000000 n/a
=============================================== ================ ========================================== ================
DCRC 262-1 CP 0420041 n/a 1.0000000 n/a
=============================================== ================ ========================================== ================
DCRC 262-N2 CP 0420042 n/a 1.0000000 n/a
=============================================== ================ ========================================== ================
DCRC 366 LP 0420047 n/a 1.0000000 n/a
=============================================== ================ ========================================== ================
DCRC STATE SEC. 258-5 1556001 42-131-31519 1.0000000 0.7300000
=============================================== ================ ========================================== ================
DCRC STATE SEC. 258-4 1556002 42-131-31513 1.0000000 0.7300000
=============================================== ================ ========================================== ================
DCRC SEC. 47-1 (BPO) 1556005 42-131-37808 1.0000000 0.7500000
=============================================== ================ ========================================== ================
DCRC SEC. 47-1 (APO) 1556005 42-131-37808 1.0000000 0.7100000
=============================================== ================ ========================================== ================
DCRC STATE SEC. 262 #1 1557006 42-131-37548 1.0000000 0.7300000
=============================================== ================ ========================================== ================
DCRC STATE SEC. 76-1 1559002 42-131-37559 1.0000000 0.7300000
=============================================== ================ ========================================== ================
DCRC STATE SEC. 64-1 1559003 42-131-37558 1.0000000 0.7300000
=============================================== ================ ========================================== ================
DCRC STATE SEC. 54-4F 1559004 42-131-37685 1.0000000 0.7300000
=============================================== ================ ========================================== ================
DCRC STATE SEC. 54-3(C) 1559005 42-131-37659 1.0000000 0.7300000
=============================================== ================ ========================================== ================
DCRC STATE SEC. 54-2 1559006 42-131-37612 1.0000000 0.7300000
=============================================== ================ ========================================== ================
DCRC STATE SEC. 366-6F 1559007 42-131-37623 1.0000000 0.7300000
=============================================== ================ ========================================== ================
DCRC STATE SEC. 366-5 1559008 42-131-37622 1.0000000 0.7300000
=============================================== ================ ========================================== ================
DCRC STATE SEC. 366-1 1559009 42-131-37584 1.0000000 0.7300000
=============================================== ================ ========================================== ================
DCRC 366 A-10 (C) 1559011 42-131-37794 0.7000000 0.5050000
=============================================== ================ ========================================== ================
DCRC 366 A-11 1559012 42-131-37810 0.7000000 0.5050000
=============================================== ================ ========================================== ================
DCRC 54-6 (C) 1559013 42-131-37825 0.7000000 0.5050000
=============================================== ================ ========================================== ================
DCRC 64-17 1559014 42-131-37924 1.0000000 0.7300000
=============================================== ================ ========================================== ================
DCRC STATE SEC. 76-4 1559018 42-131-38054 1.0000000 0.7300000
=============================================== ================ ========================================== ================
DCRC STATE SEC. 54-3(T) 1560021 42-131-37659 1.0000000 0.7300000
=============================================== ================ ========================================== ================
DCRC STATE SEC. 54-4D 1560022 42-131-37685 1.0000000 0.7300000
=============================================== ================ ========================================== ================
DCRC SEC. 54-8 1560023 42-131-37922 1.0000000 0.7300000
=============================================== ================ ========================================== ================
</TABLE>
<PAGE>
EXHIBIT A - WELLS (Part 1)
<TABLE>
<CAPTION>
FIELD / WELL NAME PROPERTY # API # WI NRI
=============================================== ================ ========================================== ================
<S> <C> <C> <C> <C>
DCRC 52-6 1561008 42-131-37910 1.0000000 0.7300000
=============================================== ================ ========================================== ================
DCRC 54-9 1561026 42-131-37946 1.0000000 0.7300000
=============================================== ================ ========================================== ================
North Dehy Drip Station 1561030 42-131-99999 1.0000000 n/a
=============================================== ================ ========================================== ================
DCR-STATE 76/52-7610 1561032 42-131-37962 1.0000000 0.7300000
=============================================== ================ ========================================== ================
DCRC 208-1 (BPO) 1561034 42-131-33007 1.0000000 0.7500000
=============================================== ================ ========================================== ================
DCRC 208-1 (APO) 1561034 42-131-33007 1.0000000 0.7100000
=============================================== ================ ========================================== ================
DCRC STATE 50 #1 1561035 42-131-38103 0.3000000 0.2250000
=============================================== ================ ========================================== ================
DCRC SEC. 82-2 (BPO) 1562001 42-131-37541 1.0000000 0.7500000
=============================================== ================ ========================================== ================
DCRC SEC. 82-2 (APO) 1562001 42-131-37541 1.0000000 0.7100000
=============================================== ================ ========================================== ================
DCRC SEC. 82-4 (BPO) 1562002 42-131-37560 1.0000000 0.7283441
=============================================== ================ ========================================== ================
DCRC SEC. 82-4 (APO) 1562002 42-131-37560 1.0000000 0.7007189
=============================================== ================ ========================================== ================
DCRC SEC. 82-3 SWD 1562003 42-131-37555 1.0000000 0.7283441
=============================================== ================ ========================================== ================
DCRC SEC. 261A-4 (BPO) 1562006 42-131-37675 1.0000000 0.7500000
=============================================== ================ ========================================== ================
DCRC SEC. 261A-4 (APO) 1562006 42-131-37675 1.0000000 0.7100000
=============================================== ================ ========================================== ================
DCRC SEC. 261A-3 (BPO) 1562007 42-131-37594 1.0000000 0.7500000
=============================================== ================ ========================================== ================
DCRC SEC. 261A-3 (APO) 1562007 42-131-37594 1.0000000 0.7100000
=============================================== ================ ========================================== ================
DCRC SEC. 261-2 (BPO) 1562008 42-131-37572 1.0000000 0.7300000
=============================================== ================ ========================================== ================
DCRC SEC. 261-2 (APO) 1562008 42-131-37572 1.0000000 0.6800000
=============================================== ================ ========================================== ================
DCRC SEC. 261-1 1562009 42-131-37564 1.0000000 0.6800000
=============================================== ================ ========================================== ================
DCRC 81-17 1562011 42-131-37906 1.0000000 0.7300000
=============================================== ================ ========================================== ================
DCRC 81-18 (BPO) 1562012 42-131-37905 1.0000000 0.7500000
=============================================== ================ ========================================== ================
DCRC 81-18 (APO) 1562012 42-131-37905 1.0000000 0.7100000
=============================================== ================ ========================================== ================
DCRC 82 NCT 25-1 (Yegua)
(BPO) 1562034 42-131-37429 1.0000000 0.7300000
=============================================== ================ ========================================== ================
DCRC 82 NCT 25-1 (Yegua)
(APO) 1562034 42-131-37429 1.0000000 0.6800000
=============================================== ================ ========================================== ================
DCRC 262-1A 1563003 42-131-37548 1.0000000 0.7300000
=============================================== ================ ========================================== ================
DCRC STATE SEC. 76-17-A 1564001 42-131-31414 1.0000000 0.6800000
=============================================== ================ ========================================== ================
DCRC SEC. 79-9 (BPO) 1564003 42-131-05449 1.0000000 0.7500000
=============================================== ================ ========================================== ================
DCRC SEC. 79-9 (APO) 1564003 42-131-05449 1.0000000 0.7100000
=============================================== ================ ========================================== ================
DCRC SEC. 79-2 (BPO) 1564004 42-131-37577 1.0000000 0.7300000
=============================================== ================ ========================================== ================
DCRC SEC. 79-2 (APO) 1564004 42-131-37577 1.0000000 0.6800000
=============================================== ================ ========================================== ================
DCRC SEC. 75-79-1 (BPO) 1564005 42-131-10602 1.0000000 0.7500000
=============================================== ================ ========================================== ================
DCRC SEC. 75-79-1 (APO) 1564005 42-131-10602 1.0000000 0.7100000
=============================================== ================ ========================================== ================
DCRC 79-6 1564007 42-131-37826 1.0000000 0.7300000
=============================================== ================ ========================================== ================
DCRC STATE 76-3 1564009 42-131-37952 1.0000000 0.7300000
=============================================== ================ ========================================== ================
DCRC 75-2 (BPO) 1564010 42-131-37951 1.0000000 0.7500000
=============================================== ================ ========================================== ================
DCRC 75-2 (APO) 1564010 42-131-37951 1.0000000 0.7100000
=============================================== ================ ========================================== ================
DCRC 259-1 (BPO) 1564013 42-131-37811 1.0000000 0.7500000
=============================================== ================ ========================================== ================
DCRC 259-1 (APO) 1564013 42-131-37811 1.0000000 0.7100000
=============================================== ================ ========================================== ================
</TABLE>
<PAGE>
EXHIBIT A - WELLS (Part 1)
<TABLE>
<CAPTION>
FIELD / WELL NAME PROPERTY # API # WI NRI
=============================================== ================ ========================================== ================
<S> <C> <C> <C> <C>
DCRC 57-1 (BPO) 1572001 42-131-37789 1.0000000 0.7500000
=============================================== ================ ========================================== ================
DCRC 57-1 (APO) 1572001 42-131-37789 1.0000000 0.7100000
=============================================== ================ ========================================== ================
DCRC 59-1 (BPO) 1572003 42-131-37866 1.0000000 0.7500000
=============================================== ================ ========================================== ================
DCRC 59-1 (APO) 1572003 42-131-37866 1.0000000 0.7100000
=============================================== ================ ========================================== ================
DCRC 59-2 (BPO) 1572004 42-131-37892 1.0000000 0.7500000
=============================================== ================ ========================================== ================
DCRC 59-2 (APO) 1572004 42-131-37892 1.0000000 0.7100000
=============================================== ================ ========================================== ================
DCRC 59-3 (BPO) 1572005 42-131-37916 1.0000000 0.7500000
=============================================== ================ ========================================== ================
DCRC 59-3 (APO) 1572005 42-131-37916 1.0000000 0.7100000
=============================================== ================ ========================================== ================
DCRC 57-4 (BPO) 1572006 42-131-37934 1.0000000 0.7500000
=============================================== ================ ========================================== ================
DCRC 57-4 (APO) 1572006 42-131-37934 1.0000000 0.7100000
=============================================== ================ ========================================== ================
DCRC 57A-5 1572007 42-131-37955 1.0000000 0.7300000
=============================================== ================ ========================================== ================
Lundell State #1 1576005 42-131-37974 0.5000000 0.3575000
=============================================== ================ ========================================== ================
DCRC 262 N-2 (BPO) 1577001 42-131-37806 1.0000000 0.7500000
=============================================== ================ ========================================== ================
DCRC 262 N-2 (APO) 1577001 42-131-37806 1.0000000 0.7100000
=============================================== ================ ========================================== ================
DCRC 366 A-10 (T) 1580001 42-131-37794 0.7000000 0.5050000
=============================================== ================ ========================================== ================
DCRC 54-6 (T) 1580002 42-131-37825 0.7000000 0.5050000
=============================================== ================ ========================================== ================
DCRC 366-6D 1580003 42-131-37623 1.0000000 0.7300000
=============================================== ================ ========================================== ================
DCRC 273-1 (BPO) 1581006 42-131-37801 1.0000000 0.7500000
=============================================== ================ ========================================== ================
DCRC 273-1 (APO) 1581006 42-131-37801 1.0000000 0.7100000
=============================================== ================ ========================================== ================
PFC-015681 1898004 n/a 1.0000000 n/a
=============================================== ================ ========================================== ================
PFC-015734 1898005 n/a 1.0000000 n/a
=============================================== ================ ========================================== ================
=============================================== ================ ========================================== ================
NOTE - DCRC WELLS IN ITALICS
ARE IN PROJECT PAYOUT
ACCOUNT "BASKET"
=============================================== ================ ========================================== ================
=============================================== ================ ========================================== ================
NEALE, BEAUREGARD PARISH,
LOUISIANA
=============================================== ================ ========================================== ================
Musser-Davis 26-2 7888001 17011-208960000 0.6667000 0.5510000
=============================================== ================ ========================================== ================
Frazar B-2 7888001 17011-000430000 0.6667000 0.5510000
=============================================== ================ ========================================== ================
Frazar B-3 7888001 17011-000460000 0.6667000 0.5510000
=============================================== ================ ========================================== ================
Hawkins 27-1 7888001 17011-208870000 0.6667000 0.5510000
=============================================== ================ ========================================== ================
Lilliedoll 1 7888001 17011-000470000 0.6667000 0.5510000
=============================================== ================ ========================================== ================
Musser-Davis 26-1 7888001 17011-208910000 0.6667000 0.5510000
=============================================== ================ ========================================== ================
Rice 28-1 7888001 17011-208860000 0.6667000 0.5510000
=============================================== ================ ========================================== ================
Rice B-3 7888001 17011-000670000 0.6667000 0.5510000
=============================================== ================ ========================================== ================
Rice E-1 7888001 17011-000700000 0.6667000 0.5510000
=============================================== ================ ========================================== ================
Rice E-2 7888001 17011-000780000 0.6667000 0.5510000
=============================================== ================ ========================================== ================
Rice E-3 7888001 17011-000730000 0.6667000 0.5510000
=============================================== ================ ========================================== ================
</TABLE>
<PAGE>
EXHIBIT A - WELLS (Part 1)
<TABLE>
<CAPTION>
FIELD / WELL NAME PROPERTY # API # WI NRI
=============================================== ================ ========================================== ================
<S> <C> <C> <C> <C>
Rice E-4 SWD 7888001 17011-000740000 0.6667000 n/a
=============================================== ================ ========================================== ================
Rice H-4 7888001 17011-000190000 0.6667000 0.5510000
=============================================== ================ ========================================== ================
Rice 27-1 7888001 17011-208780000 0.6667000 0.5510000
=============================================== ================ ========================================== ================
Rice 33-1 7888001 17011-208840000 0.6667000 0.5510000
=============================================== ================ ========================================== ================
Rice 33-2 7888001 17011-208930000 0.6667000 0.5510000
=============================================== ================ ========================================== ================
Rice 34-1 7888001 17011-208830000 0.6667000 0.5510000
=============================================== ================ ========================================== ================
Spiers 5 7888001 17011-000590000 0.6667000 0.5510000
=============================================== ================ ========================================== ================
Welborn 1 7888001 17011-000660000 0.6667000 0.5510000
=============================================== ================ ========================================== ================
Welborn 2 SWD 7888001 17011-203530000 0.6667000 n/a
=============================================== ================ ========================================== ================
Musser-Davis A-6 7888001 17011-205070000 0.6667000 0.5510000
=============================================== ================ ========================================== ================
Rice 33-3 7888001 17011-208950000 0.6667000 0.5510000
=============================================== ================ ========================================== ================
Musser-Davis A-1 7888001 17011-000490000 0.6667000 0.5510000
=============================================== ================ ========================================== ================
Hawkins 1 7888001 17011-000650000 0.6667000 0.5510000
=============================================== ================ ========================================== ================
Musser-Davis A-9 7888001 17011-000440000 0.6667000 0.5510000
=============================================== ================ ========================================== ================
Rice F-1 7888001 17011-000680000 0.6667000 0.5510000
=============================================== ================ ========================================== ================
Rice G-1 7888001 17011-000710000 0.6667000 0.5510000
=============================================== ================ ========================================== ================
Rice J-1 7888001 17011-000800000 0.6667000 0.5510000
=============================================== ================ ========================================== ================
Rice K-1 7888001 17011-000810000 0.6667000 0.5510000
=============================================== ================ ========================================== ================
=============================================== ================ ========================================== ================
NORTH CHOCOLATE BAYOU,
BRAZORIA COUNTY, TEXAS
=============================================== ================ ========================================== ================
I P Farms #1 1854001 42-039-32539 0.4875000 0.3510000
=============================================== ================ ========================================== ================
I P Farms #1 (ORRI) 1854001 42-039-32539 0.0000000 0.0013133
=============================================== ================ ========================================== ================
=============================================== ================ ========================================== ================
RODRIGUEZ (LAREDO), WEBB &
ZAPATA COUNTIES, TEXAS
=============================================== ================ ========================================== ================
Johnson #1 7139004 42-479-34634 1.0000000 0.8000000
=============================================== ================ ========================================== ================
Johnson #2 7139005 42-479-34827 1.0000000 0.8000000
=============================================== ================ ========================================== ================
Johnson #3 1565011 42-479-36366 1.0000000 0.7500000
=============================================== ================ ========================================== ================
Malakoff-Peterson #2 7139006 42-479-34493 1.0000000 0.6875000
=============================================== ================ ========================================== ================
Malakoff-Peterson #4 7139003 42-479-34650 1.0000000 0.6875000
=============================================== ================ ========================================== ================
Rodriguez #2 7141004 42-479-35833 1.0000000 0.8000000
=============================================== ================ ========================================== ================
Rodriguez Gas Unit #1 (P&A'd) 7141002 42-479-34058 1.0000000 0.8000000
=============================================== ================ ========================================== ================
Salinas Gas Unit #1, Octavio 7142001 42-505-30952 0.9650000 0.6755000
=============================================== ================ ========================================== ================
Salinas GU #2, Octavio 7142002 42-505-33100 0.9650000 0.6755000
=============================================== ================ ========================================== ================
Salinas GU #3, Octavio 7142003 42-505-33107 0.9650000 0.6755000
=============================================== ================ ========================================== ================
Salinas GU #4, Octavio 7142004 42-505-33180 0.9650000 0.6755000
=============================================== ================ ========================================== ================
Salinas Lease 420032 n/a 1.0000000 n/a
=============================================== ================ ========================================== ================
Scott Oils Wright #1 7140004 42-479-34112 1.0000000 0.8000000
=============================================== ================ ========================================== ================
Scott Oils Wright #6 7140005 42-479-34888 1.0000000 0.8000000
=============================================== ================ ========================================== ================
</TABLE>
<PAGE>
EXHIBIT A - WELLS (Part 1)
<TABLE>
<CAPTION>
FIELD / WELL NAME PROPERTY # API # WI NRI
=============================================== ================ ========================================== ================
<S> <C> <C> <C> <C>
Rice E-4 SWD 7888001 17011-000740000 0.6667000 n/a
=============================================== ================ ========================================== ================
Rice H-4 7888001 17011-000190000 0.6667000 0.5510000
=============================================== ================ ========================================== ================
Rice 27-1 7888001 17011-208780000 0.6667000 0.5510000
=============================================== ================ ========================================== ================
Rice 33-1 7888001 17011-208840000 0.6667000 0.5510000
=============================================== ================ ========================================== ================
Rice 33-2 7888001 17011-208930000 0.6667000 0.5510000
=============================================== ================ ========================================== ================
Rice 34-1 7888001 17011-208830000 0.6667000 0.5510000
=============================================== ================ ========================================== ================
Spiers 5 7888001 17011-000590000 0.6667000 0.5510000
=============================================== ================ ========================================== ================
Welborn 1 7888001 17011-000660000 0.6667000 0.5510000
=============================================== ================ ========================================== ================
Welborn 2 SWD 7888001 17011-203530000 0.6667000 n/a
=============================================== ================ ========================================== ================
Musser-Davis A-6 7888001 17011-205070000 0.6667000 0.5510000
=============================================== ================ ========================================== ================
Rice 33-3 7888001 17011-208950000 0.6667000 0.5510000
=============================================== ================ ========================================== ================
Musser-Davis A-1 7888001 17011-000490000 0.6667000 0.5510000
=============================================== ================ ========================================== ================
Hawkins 1 7888001 17011-000650000 0.6667000 0.5510000
=============================================== ================ ========================================== ================
Musser-Davis A-9 7888001 17011-000440000 0.6667000 0.5510000
=============================================== ================ ========================================== ================
Rice F-1 7888001 17011-000680000 0.6667000 0.5510000
=============================================== ================ ========================================== ================
Rice G-1 7888001 17011-000710000 0.6667000 0.5510000
=============================================== ================ ========================================== ================
Rice J-1 7888001 17011-000800000 0.6667000 0.5510000
=============================================== ================ ========================================== ================
Rice K-1 7888001 17011-000810000 0.6667000 0.5510000
=============================================== ================ ========================================== ================
=============================================== ================ ========================================== ================
NORTH CHOCOLATE BAYOU,
BRAZORIA COUNTY, TEXAS
=============================================== ================ ========================================== ================
I P Farms #1 1854001 42-039-32539 0.4875000 0.3510000
=============================================== ================ ========================================== ================
I P Farms #1 (ORRI) 1854001 42-039-32539 0.0000000 0.0013133
=============================================== ================ ========================================== ================
=============================================== ================ ========================================== ================
RODRIGUEZ (LAREDO), WEBB &
ZAPATA COUNTIES, TEXAS
=============================================== ================ ========================================== ================
Johnson #1 7139004 42-479-34634 1.0000000 0.8000000
=============================================== ================ ========================================== ================
Johnson #2 7139005 42-479-34827 1.0000000 0.8000000
=============================================== ================ ========================================== ================
Johnson #3 1565011 42-479-36366 1.0000000 0.7500000
=============================================== ================ ========================================== ================
Malakoff-Peterson #2 7139006 42-479-34493 1.0000000 0.6875000
=============================================== ================ ========================================== ================
Malakoff-Peterson #4 7139003 42-479-34650 1.0000000 0.6875000
=============================================== ================ ========================================== ================
Rodriguez #2 7141004 42-479-35833 1.0000000 0.8000000
=============================================== ================ ========================================== ================
Rodriguez Gas Unit #1 (P&A'd) 7141002 42-479-34058 1.0000000 0.8000000
=============================================== ================ ========================================== ================
Salinas Gas Unit #1, Octavio 7142001 42-505-30952 0.9650000 0.6755000
=============================================== ================ ========================================== ================
Salinas GU #2, Octavio 7142002 42-505-33100 0.9650000 0.6755000
=============================================== ================ ========================================== ================
=============================================== ================ ========================================== ================
Vela #1 7139001 42-479-31280 1.0000000 0.7500000
=============================================== ================ ========================================== ================
Vela #1-C 7139002 42-479-34971 1.0000000 0.7500000
=============================================== ================ ========================================== ================
Vela #2 7139007 42-479-36329 1.0000000 0.7500000
=============================================== ================ ========================================== ================
Webco Drip Station 7140009 n/a 1.0000000 n/a
=============================================== ================ ========================================== ================
Wright-Moon Gas Unit A #4 7141001 42-479-34769 1.0000000 0.8000000
=============================================== ================ ========================================== ================
Wright #10, L.A. 7141003 42-479-35879 1.0000000 0.8000000
=============================================== ================ ========================================== ================
Wright #14 1565013 42-479-36484 1.0000000 0.7973600
=============================================== ================ ========================================== ================
Wright #4, L.A. 7140001 42-479-34639 1.0000000 0.8000000
=============================================== ================ ========================================== ================
EXHIBIT A - WELLS(PART1)
Wright #5 7140002 42-479-34669 1.0000000 0.8000000
=============================================== ================ ========================================== ================
Wright/Richter #7ST Gas Unit 7140013 42-479-35317 0.5000000 0.4000000
=============================================== ================ ========================================== ================
=============================================== ================ ========================================== ================
SOUTH KASPAR, DEWITT
COUNTY, TEXAS
=============================================== ================ ========================================== ================
Kuester #1 1565002 42-123-31631 0.6500000 0.5091735
=============================================== ================ ========================================== ================
Kuester #2 1565001 42-123-31672 0.7500000 0.5857416
=============================================== ================ ========================================== ================
=============================================== ================ ========================================== ================
SOUTH PICOSO, WEBB
COUNTY, TEXAS
=============================================== ================ ========================================== ================
Benavides #1 1566002 42-479-35808 1.0000000 0.7308300
=============================================== ================ ========================================== ================
Benavides #2 1566001 42-479-35866 1.0000000 0.7308300
=============================================== ================ ========================================== ================
=============================================== ================ ========================================== ================
YORKTOWN, SOUTH (ROEDER),
DEWITT COUNTY. TEXAS
=============================================== ================ ========================================== ================
Kulawik #3 (BPO) 1567005 42-123-31765 1.0000000 0.7100000
=============================================== ================ ========================================== ================
Kulawik #3 (APO) 1567005 42-123-31765 0.9200000 0.6532000
=============================================== ================ ========================================== ================
Kulawik #2 SWD 1567001 n/a 1.0000000 n/a
=============================================== ================ ========================================== ================
</TABLE>
<PAGE>
EXHIBIT A - WELLS & UNITS (PART 3)
NORTH CROWLEY FIELD
<TABLE>
<CAPTION>
PROPERTY NAME UNIT PROPERTY # API # WI NRI
========================================================= ================ =================================== ==============
<S> <C> <C> <C> <C> <C>
N. CROWLEY DRIP
STATION n/a 4025066 0.60000 n/a
========================================================= ================ =================================== ==============
17001-209530
HABETZ 13 SWD n/a 4025085 000 0.60000 n/a
========================================================= ================ =================================== ==============
J.B. STAKES 22 MIO 3A-2 RC 17001-220070
SUB 4025080 000 0.59775 0.44122
========================================================= ================ =================================== ==============
N C SWDS 17 n/a 4025086 0.60000 n/a
========================================================= ================ =================================== ==============
========================================================= ================ =================================== ==============
N. CROWLEY COMP.
STATION n/a 0447001 1.00000 n/a
========================================================= ================ =================================== ==============
N. CROWLEY GAS
LIFT CP n/a 0447002 1.00000 n/a
========================================================= ================ =================================== ==============
NORTH CROWLEY
GAS GATH SYSTEM n/a 4025087 1.00000 n/a
========================================================= ================ =================================== ==============
17001-008990
OHLENFORST 12 FRIO 12 4025013 000 0.60000 0.52266
========================================================= ================ =================================== ==============
OHLENFORST 18 MIO4 BASAL 17001-024730
RASUH 4025015 000 0.60000 0.52200
========================================================= ================ =================================== ==============
17001-024730
OHLENFORST 18 D MIO T SUC 4025050 000 0.60000 0.52200
========================================================= ================ =================================== ==============
17001-024730
OHLENFORST 18T MIO6C RA SUB 4025016 000 0.60000 0.52200
========================================================= ================ =================================== ==============
17001-207960
OHLENFORST 21 FRIO 6 RE SUA 4025039 000 0.60000 0.52200
========================================================= ================ =================================== ==============
17001-207960
OHLENFORST 21D MIO 7 RA SU A 4025017 000 0.60000 0.52200
========================================================= ================ =================================== ==============
17001-208290
OHLENFORST 23 DISC 4 RC SUA 4025018 000 0.60000 0.52257
========================================================= ================ =================================== ==============
OHLENFORST 24 DISC 2 RD SUA 4025019 0.60000 0.51283
========================================================= ================ =================================== ==============
OHLENFORST 24 DISC 2 RD SUA 4025019 0.60000 0.50441
========================================================= ================ =================================== ==============
17001-208300
OHLENFORST 24 DISC 1 B RB SUA 4025069 000 0.60000 0.44762
========================================================= ================ =================================== ==============
17001-209460
OHLENFORST 26 DISC 1B RA SUA 4025020 000 0.60000 0.52293
========================================================= ================ =================================== ==============
OHLENFORST 27 DISC 2 RD SUA 4025021 0.60000 0.49779
========================================================= ================ =================================== ==============
17001-219450
OHLENFORST 27 MIO 7X RA SUA 4025070 000 0.60000 0.50170
========================================================= ================ =================================== ==============
OHLENFORST 28 FRIO 6 RD2A
SUA 4025103 0.60000 0.50475
========================================================= ================ =================================== ==============
OHLENFORST 28 FRIO 6 RD2A 17001-219650
SUA 4025071 000 0.60000 0.50475
========================================================= ================ =================================== ==============
OHLENFORST 29 FRIO 3 RD SUA 4025091 0.60000 0.49892
========================================================= ================ =================================== ==============
OHLENFORST 29 FRIO 2 RD SUA 4025105 0.60000 0.50475
========================================================= ================ =================================== ==============
OHLENFORST 29 n/a 4025068 0.60000 0.50278
========================================================= ================ =================================== ==============
OHLENFORST 30 MARG #2 4025106 0.60000 0.50462
========================================================= ================ =================================== ==============
</TABLE>
<PAGE>
EXHIBIT A - WELLS & UNITS (PART 3)
NORTH CROWLEY FIELD
<TABLE>
<CAPTION>
PROPERTY NAME UNIT PROPERTY # API # WI NRI
========================================================= ================ =================================== ==============
<S> <C> <C> <C> <C> <C>
OHLENFORST 30 MARG 3A RB 1
SUA 4025089 0.60000 0.50462
========================================================= ================ =================================== ==============
OHLENFORST 30 n/a 4025067 0.60000 0.50462
========================================================= ================ =================================== ==============
17001-220140
OHLENFORST 31 F 5 RE SUA 4025097 000 0.60000 0.50225
========================================================= ================ =================================== ==============
17001-008640
OHLENFORST 6 MIO Y RA SU A 4025025 000 0.52484 0.45718
========================================================= ================ =================================== ==============
OHLENFORST 8 MARG 3 A RA 17001-008670
SUA 4025026 000 0.60000 0.52275
========================================================= ================ =================================== ==============
OHLENFORST 8D MIO 6A 1 RA 17001-008670
SUA 4025064 000 0.60000 0.52200
========================================================= ================ =================================== ==============
No 17001-022660
REINERS 16 MARG 3 SAND Number 000 0.60000 0.51780
========================================================= ================ =================================== ==============
17001-022660
REINERS 16D MIO 7X RA SUA 4025014 000 0.60000 0.51780
========================================================= ================ =================================== ==============
17001-022660
REINERS 16T DISC 1 RA SUA 4025047 000 0.60000 0.51780
========================================================= ================ =================================== ==============
REINERS 27 MIO 7 BSL RA 17001-219600
SUA 4025022 000 0.60000 0.51494
========================================================= ================ =================================== ==============
17001-214460
STAKES 16 MIO 3A 2 4025004 000 0.60000 0.53306
========================================================= ================ =================================== ==============
17001-216490
STAKES 17 MIO 3A 2 4025005 000 0.60000 0.53306
========================================================= ================ =================================== ==============
17001-219730
STAKES 18 MIO 3A 2 4025006 000 0.60000 0.49156
========================================================= ================ =================================== ==============
17001-219760
STAKES 19 MIO 3A 2 4025007 000 0.60000 0.53306
========================================================= ================ =================================== ==============
STAKES 20 MIO 3A-2 RC 17001-219990
SUD 4025075 000 0.59775 0.44122
========================================================= ================ =================================== ==============
17001-220040
STAKES 21 MIO 3A-2 RC SUF 4025076 000 0.60000 0.47082
========================================================= ================ =================================== ==============
STAKES 23 MIO 3A-2 RC 17001-220170
SUC 4025094 000 0.59775 0.44122
========================================================= ================ =================================== ==============
STAKES 24 MIO 3A-2 RC 17001-220180
SUE 4025095 000 0.59775 0.45606
========================================================= ================ =================================== ==============
STAKES 25 MIO 3A-2 RB 17001-220190
SUA 4025099 000 0.60000 0.50920
========================================================= ================ =================================== ==============
STAKES 26 MIO 3A-2 RC 17001-220200
SUA 4025096 000 0.59775 0.44122
========================================================= ================ =================================== ==============
STAKES 27 MIO 3A-2 RB 17001-220220
SUB 4025100 000 0.60000 0.50964
========================================================= ================ =================================== ==============
</TABLE>
<PAGE>
EXHIBIT A - WELLS & UNITS (PART 3)
NORTH CROWLEY FIELD
<TABLE>
<CAPTION>
PROPERTY NAME UNIT PROPERTY # API # WI NRI
========================================================= ================ =================================== ==============
<S> <C> <C> <C> <C> <C>
STAKES 28 MIO 3A-2 RB 17001-220210
SUC 4025101 000 0.60000 0.47199
========================================================= ================ =================================== ==============
STAKES J.B. 1 NOD 1A RA SU F 4025028 0.27520 0.22750
========================================================= ================ =================================== ==============
THEVIS 5 MARG 3A RB 17001-205300
SUA 4025003 000 0.59694 0.51961
========================================================= ================ =================================== ==============
17001-205300
THEVIS 5D MARG 1 RB SUA 4025061 000 0.60000 0.51204
========================================================= ================ =================================== ==============
IO5A RC SU B
WILLIAMS 31 M 4025008 0.60000 0.44762
========================================================= ================ =================================== ==============
WILLIAMS 31 MIO 3A-2 RA 17001-215600
SUA 4025104 000 0.60000 0.44141
========================================================= ================ =================================== ==============
17001-215590
WILLIAMS 32 MIO 5A RC SUA 4025009 000 0.60000 0.44762
========================================================= ================ =================================== ==============
17001-216500
WILLIAMS 34 MIO 3A 2 4025024 000 0.60000 0.44762
========================================================= ================ =================================== ==============
17001-219670
WILLIAMS 35 MIO 5 4025010 000 0.60000 0.44762
========================================================= ================ =================================== ==============
WILLIAMS 36 MIO 6A 4025011 0.60000 0.44762
========================================================= ================ =================================== ==============
17001-219850
WILLIAMS 38 5590 SAND 4025012 000 0.60000 0.44762
========================================================= ================ =================================== ==============
WILLIAMS 39 MIO 3A-2 RA 17001-220150
SUC 4025073 000 0.60000 0.45289
========================================================= ================ =================================== ==============
WILLIAMS 40 MIO 3A-2 RA 17001-220160
SUB 4025098 000 0.60000 0.46888
========================================================= ================ =================================== ==============
17001-215680
WILLIAMS FLOYD 33 n/a 4025053 000 0.60000 0.44762
========================================================= ================ =================================== ==============
========================================================= ================ =================================== ==============
17001-219830
Bourque 1 n/a 4025027 000
========================================================= ================ =================================== ==============
No 17001-219620
Habetz 15 n/a Number 000
========================================================= ================ =================================== ==============
No
Habetz Tank Battery n/a Number 0.50000
========================================================= ================ =================================== ==============
17001-022940
Ohlenforst 16 T Mio 7 RA SUA 4025046 000 0.57522 0.49698
========================================================= ================ =================================== ==============
17001-022930
Ohlenforst 14 Mio 7A RA SUA 4025036 000 0.60000 0.52200
========================================================= ================ =================================== ==============
17001-022930
Ohlenforst 14 D Mio 5D RA SUA 4025043 000 0.44790 0.38620
========================================================= ================ =================================== ==============
</TABLE>
<PAGE>
EXHIBIT A - WELLS & UNITS (PART 3)
NORTH CROWLEY FIELD
<TABLE>
<CAPTION>
PROPERTY NAME UNIT PROPERTY # API # WI NRI
========================================================= ================ =================================== ==============
<S> <C> <C> <C> <C> <C>
Ohlenforst 14 T Mio 4B Str 1 RA 17001-022930
SUA 4025044 000 0.49524 0.43030
========================================================= ================ =================================== ==============
17001-022940
Ohlenforst 16 Mio U RA SUB 4025037 000 0.48336 0.41994
========================================================= ================ =================================== ==============
No 17001-022940
Ohlenforst 16 D Mio 4 Str SUD Number 000 0.57522 0.49698
========================================================= ================ =================================== ==============
17001-023210
Ohlenforst 17 n/a 4025038 000 0.60000 0.52200
========================================================= ================ =================================== ==============
17001-023210
Ohlenforst 17 D 4,880 SD RA SUA 4025048 000 0.60000 0.52200
========================================================= ================ =================================== ==============
No
Ohlenforst 17 T n/a Number 0.60000 0.52200
========================================================= ================ =================================== ==============
17001-008480
Reiners 10 4,400' SD RA SUA 4025033 000 0.60000 0.52200
========================================================= ================ =================================== ==============
17001-008470
Reiners 11 A 5,250' SD RA SUA 4025034 000 0.53562 0.46530
========================================================= ================ =================================== ==============
17001-022640
Reiners 20 Mio Y RA 1 SUB 4025051 000 0.40506 0.35142
========================================================= ================ =================================== ==============
17001-022640
Reiners 20 D n/a 4025052 000 0.60000 0.52200
========================================================= ================ =================================== ==============
17001-203570
Reiners 22 Marg 1A RA 1SUA 4025054 000 0.60000 0.52200
========================================================= ================ =================================== ==============
17001-203570
Reiners 22 D Disc 4 RA SUA 4025055 000 0.60000 0.52200
========================================================= ================ =================================== ==============
Reiners 22 T Mio 4 Basal RA 17001-203570
SUI 4025056 000 0.60000 0.52200
========================================================= ================ =================================== ==============
Reiners 23 Mio 4 Basal RA 17001-204010
SUE 4025040 000 0.60000 0.52200
========================================================= ================ =================================== ==============
17001-208580
Reiners 24 Marg 1A RC SUA 4025041 000 0.60000 0.52200
========================================================= ================ =================================== ==============
No 17001-208580
Reiners 24 D Marg 1A RC SUA Number 000 0.60000 0.52080
========================================================= ================ =================================== ==============
17001-210580
Reiners 26 Frio 15 RC SUA 4025059 000 0.60000 0.54378
========================================================= ================ =================================== ==============
17001-008490
Reiners 9 Mio 4 Basal SUD 4025032 000 0.60000 0.52200
========================================================= ================ =================================== ==============
17001-206890
Stakes 12 Mio 6A RB SUA 4025035 000 0.60000 0.51342
========================================================= ================ =================================== ==============
17001-008610
Stakes 4 Mio 3A 2 4025030 000 0.60000 0.51342
========================================================= ================ =================================== ==============
17001-008710
Thevis 1 Mio Z RA SUA 4025002 000 0.60000 0.51954
========================================================= ================ =================================== ==============
</TABLE>
<PAGE>
EXHIBIT A - WELLS & UNITS (PART 3)
NORTH CROWLEY FIELD
<TABLE>
<CAPTION>
PROPERTY NAME UNIT PROPERTY # API # WI NRI
========================================================= ================ =================================== ==============
<S> <C> <C> <C> <C> <C>
17001-209070
Thevis 6 Frio 1RC SUA 4025031 000 0.60000 0.51204
========================================================= ================ =================================== ==============
17001-209070
Thevis 6 D Frio 6 RB 1 SUA 4025063 000 0.60000 0.50088
========================================================= ================ =================================== ==============
Thibodeaux 1 FRIO 15A RA SU
A 4025029 0.13680 0.12942
========================================================= ================ =================================== ==============
17001-214470
Williams 30 Mio 3A 2 4025042 000 0.60000 0.44700
========================================================= ================ =================================== ==============
17001-219750
Williams 36 Mio 6A 4025011 000 0.60000 0.44700
========================================================= ================ =================================== ==============
</TABLE>
EXHIBIT A - UNITS
NORTH CHOCOLATE BAYOU FIELD
o Unit Designation dated August 11, 1995, covering the Sonat Exploration
Company - IP Farms No. 1 Unit, recorded August 24, 1995, in the Official
Records of Brazoria County, Texas
RODRIGUEZ (LAREDO) FIELD
o Declaration of Pooling Unit dated March 6, 1985, recorded at Volume 1101,
Page 357 of the Official Records of Webb County, Texas (Rodriguez Gas
Unit).
o Designation of Pooled Acreage dated December 9, 1977, by and between F. C.
D. Ltd. And Texas Drilling Company, recorded at Volume 214, Page 9 of the
Deed Records of Zapata County, Texas (Salinas Lease).
o Declaration of Pooling Unit dated July 25, 1985, from Scott Oils, Inc., et
al, recorded at Volume 1149, Page 154 of the Official Records of Webb
County, Texas (Wright-Moon A-4 Unit).
o Unit Designation dated August 15, 1997, by and between Sonat Exploration
Company, as Operator, and Columbus Energy Company, et al, recorded at
Volume 556, Page 866 of the Official Public Records of Webb County, Texas
(Wright/Richter #7ST Gas Unit).
o Designation of Pooled Unit dated ___________________, 1998, from Sonat
Exploration Company (Wright #14).
<PAGE>
EXHIBIT B
<TABLE>
<CAPTION>
LEASE NO. LESSOR / GRANTOR LESSEE / GRANTEE DATE RECORDING
=================== ======================================== ================================= ============= =======================
<S> <C> <C> <C> <C>
BONEBRAKE, WEBB COUNTY, TEXAS
============================================================ ================================= ============= =======================
907769-001 John H. Bonebrake, et al Stanley S. Beard 4/25/80 Bk 620 Pg 132
=================== ======================================== ================================= ============= =======================
907769-002 E. Bonebrake Van Buskirk Stanley S. Beard 4/25/80 Bk 620 Pg 135
=================== ======================================== ================================= ============= =======================
907783-000 Vaquillas Ranch Co., Ltd. Forest Oil Company 7/16/85 no recording
=================== ======================================== ================================= ============= =======================
DCRC, DUVAL COUNTY, TEXAS
============================================================ ================================= ============= =======================
906321-001 Exxon Company USA, Agent Tri-C Resources Inc. 3/4/92 Vol 128 Pg 27
=================== ======================================== ================================= ============= =======================
906321-002 Manges Liquidating Trust Tri-C Resources Inc. 3/4/92 Vol 127 Pg 623
=================== ======================================== ================================= ============= =======================
906337-000 Duval County Ranch Company Vacuum Oil Company 6/12/23 Vol 2 Pg 75
=================== ======================================== ================================= ============= =======================
906356-001 Duval County Ranch Company Vacuum Oil Company 3/3/25 Vol 2 Pg 322
=================== ======================================== ================================= ============= =======================
906356-002 Duval County Ranch Company Vacuum Oil Company 3/3/25 Vol 2 Pg 322
=================== ======================================== ================================= ============= =======================
906386-001 Manges Liquidating Trust Tri-C Resources Inc. 5/6/92 Vol 130 Pg 728
=================== ======================================== ================================= ============= =======================
906386-002 Exxon Company U.S.A Inc. Tri-C Resources Inc. 5/5/92 Vol 130 Pg 832
=================== ======================================== ================================= ============= =======================
906462-001 Duval County Ranch Company A. M. Sentz 5/10/22 Vol 22 Pg 68
=================== ======================================== ================================= ============= =======================
906492-001 Manges Liquidating Trust Tri-C Resources Inc. 2/9/93 Vol 150 Pg 228
=================== ======================================== ================================= ============= =======================
906492-002 Exxon Company U.S.A. Inc. Tri-C Resources Inc. 2/9/93 Vol 150 Pg 254
=================== ======================================== ================================= ============= =======================
906600-001 Manges Liquidating Trust Tri-C Resources Inc. 1/1/92 Vol 129 Pg 350
=================== ======================================== ================================= ============= =======================
906600-002 Exxon Company U.S.A. Inc. Tri-C Resources Inc. 1/1/92 Vol 129 Pg 627
=================== ======================================== ================================= ============= =======================
906644-000 Exxon Company U.S.A. Inc. Tri-C Resources Inc. 12/14/93 unrecorded
=================== ======================================== ================================= ============= =======================
906672-000 Texaco Exploration & Marco Polo Exploration 1/22/92 Vol 127 Pg 322
Production Inc. Inc.
=================== ======================================== ================================= ============= =======================
908761-000 Texaco Exploration & Sonat Exploration 5/15/94 Vol 185 Pg 382
Production Inc. Company
=================== ======================================== ================================= ============= =======================
908790-000 Texaco Exploration & Sonat Exploration 1/25/95 Vol 185 Pg 385
Production Inc. Company
=================== ======================================== ================================= ============= =======================
LOMA NOVIA EAST, DUVAL COUNTY, TEXAS
============================================================ ================================= ============= =======================
910284-000 Leo J. Welder etal. Columbia Gas 1/1/94 Vol 162 Pg 379
=================== ======================================== ================================= ============= =======================
910434-000 State of Texas Triana Exploration 4/4/95 Vol 188 Pg 780
=================== ======================================== ================================= ============= =======================
910442-000 Bess Kaplan etal. Humble Refining 6/12/57 Vol 139 Pg 195
=================== ======================================== ================================= ============= =======================
910444-000 Jane S. Mayer etal. Humble Refining 6/20/57 Vol 140 Pg 141
=================== ======================================== ================================= ============= =======================
911404-000 S. G. Marshall, Agent for State Sonat Exploration 4/18/96 Vol 206 Pg 290
of Texas Company
=================== ======================================== ================================= ============= =======================
911596-000 Jack E. Clark Sonat Exploration 3/25/96 Vol 206 Pg 377
Company
=================== ======================================== ================================= ============= =======================
911601-000 J.F. Welder Heirs Sonat Exploration 4/8/89 Vol 206 Pg 381
Company
=================== ======================================== ================================= ============= =======================
911818-000 J.F. Welder Heirs Sonat Exploration 5/9/96 Vol 207 Pg 409
Company
=================== ======================================== ================================= ============= =======================
913340-001 Allen Trust, Agent for State of Sonat Exploration 8/15/96 Vol 212 Pg 497
Texas Company
=================== ======================================== ================================= ============= =======================
913340-002 Mattie R. Claflin, Agent for State Sonat Exploration 10/17/96 Vol 214 Pg 733
of Texas Company
=================== ======================================== ================================= ============= =======================
915154-000 J.F. Welder Heirs Sonat Exploration 11/22/96 Vol 217 Pg 118
Company
=================== ======================================== ================================= ============= =======================
1005371-000 J. E. Clark, Agent for State of Sonat Exploration 11/16/97 Vol 240 Pg 399
Texas Company
=================== ======================================== ================================= ============= =======================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
LEASE NO. LESSOR / GRANTOR LESSEE / GRANTEE DATE RECORDING
=================== ======================================== ================================= ============= =======================
<S> <C> <C> <C> <C>
NEALE, BEAUREGARD PARISH, LOUISIANA
============================================================================================== ============= =======================
910574-000 Musser Davis Land Co. Atlantic Refining Co. 8/17/38 Bk 69 Pg 190
=================== ======================================== ================================= ============= =======================
910575-000 Rice Land and Lumber Co. Atlantic Refining Co. 11/4/38 Bk 70 Pg 237
=================== ======================================== ================================= ============= =======================
910576-000 Jasper & Eastern RR Co et al Atlantic Refining Co. 10/26/42 Bk 82 Pg 5
=================== ======================================== ================================= ============= =======================
910577-000 Rice Land and Lumber Co. Atlantic Refining Co. 11/4/38 Bk 67 Pg 258
=================== ======================================== ================================= ============= =======================
910597-000 Logan H. Bagby, Jr. et al Atlantic Refining Co. 2/14/44 Bk 85 Pg 191
=================== ======================================== ================================= ============= =======================
910602-000 Musser Davis Land Company Atlantic Refining Co. 9/30/52 Bk 119 Pg 180
=================== ======================================== ================================= ============= =======================
910603-000 Musser Davis Land Company Atlantic Refining Co. 9/23/39 Bk 74 Pg 2
=================== ======================================== ================================= ============= =======================
910604-000 D.A. Whitmer et ux Petroleum Pipe Line & 1/21/39 Bk 68 Pg 575
Storage
=================== ======================================== ================================= ============= =======================
910605-000 W.F. Campbell D.E.Moore 3/13/33 Bk 48 Pg 205
=================== ======================================== ================================= ============= =======================
911190-000 Rice Land and Lumber Co. Atlantic Refining Co. 9/22/39 Bk 73 Pg 78
=================== ======================================== ================================= ============= =======================
911191-000 Rice Land and Lumber Co. Atlantic Refining Co. 10/19/39 Bk 75 Pg 220
=================== ======================================== ================================= ============= =======================
911192-000 Fred Hawkins et ux G.C. Van Neste 6/30/38 Bk 66 Pg 35
=================== ======================================== ================================= ============= =======================
911193-000 Leland W. Welborn Dee Forehand 10/15/38 Bk 67 Pg 101
=================== ======================================== ================================= ============= =======================
911194-000 Rice Land and Lumber Co Tide Water Associated 9/22/39 Bk 73 Pg 135
Oil Co.
=================== ======================================== ================================= ============= =======================
911195-000 Frankie Thackrey et al Atlantic Refining Co. 3/17/52 Bk 81-R Pg 478
=================== ======================================== ================================= ============= =======================
911196-000 Ira Spiers et ux Homer Tate 7/28/38 Bk 6 Pg 431
=================== ======================================== ================================= ============= =======================
911197-000 Earl Stutesman et al Atlantic Refining Co. 8/20/52 Bk 81-S Pg 35
=================== ======================================== ================================= ============= =======================
911198-000 Marie Hoag Drumm et al Kirby Petroleum 7/17/43 Bk 81-B Pg 315
Company
=================== ======================================== ================================= ============= =======================
911199-000 J.D. Frazar et al Homer Tate 8/19/38 Bk 66 Pg 371
=================== ======================================== ================================= ============= =======================
911200-000 Laura Underhill et al Atlantic Refining Co. 9/15/50 Bk 81-M Pg 236
=================== ======================================== ================================= ============= =======================
911201-000 Edna Gibson et al H.B. Corbitt 8/14/33 Bk 50 Pg 205
=================== ======================================== ================================= ============= =======================
911202-001 J.D. Frazar et al Atlantic Refining Co. 8/30/46 Bk 81-O Pg 543
=================== ======================================== ================================= ============= =======================
911202-002 G. Peary Lilliedoll et al Atlantic Refining Co. 7/25/47 Bk 81-F Pg 441
=================== ======================================== ================================= ============= =======================
911203-001 William Keyte et al Atlantic Refining Co. 9/21/42 Bk 82 Pg 33
=================== ======================================== ================================= ============= =======================
911203-002 Jack Keyte Atlantic Refining Co. 10/11/42 Bk 81-A Pg 315
=================== ======================================== ================================= ============= =======================
911204-001 J.D. Frazar Homer Tate 9/20/38 Bk 67 Pg 15
=================== ======================================== ================================= ============= =======================
911204-002 Federal Land Bk of New Orleans J.D. Frazar 8/24/38 Bk 66 Pg 609
=================== ======================================== ================================= ============= =======================
913542-000 Musser-Davis Land Company Rebel Drilling Company 5/29/97
Inc.
=================== ======================================== ================================= ============= =======================
1001480-000 Musser-Davis Land Company Sonat Exploration 2/1/97
Company
=================== ======================================== ================================= ============= =======================
1001504-000 Billy Lee Rankin et ux Sonat Exploration 1/22/97
Company
=================== ======================================== ================================= ============= =======================
1001506-000 Paul David Hudson Sonat Exploration 1/22/97
Company
=================== ======================================== ================================= ============= =======================
1001507-000 Chelsea Investments Asso. Inc. Sonat Exploration 1/31/97
Company
=================== ======================================== ================================= ============= =======================
1001508-000 Rice-Land Lumber Company Sonat Exploration 11/26/96
Company
=================== ======================================== ================================= ============= =======================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
LEASE NO. LESSOR / GRANTOR LESSEE / GRANTEE DATE RECORDING
=================== ======================================== ================================= ============= =======================
<S> <C> <C> <C> <C>
1004747-000 Leila Ferguson Frazier et al Sonat Exploration 4/23/97
Company
=================== ======================================== ================================= ============= =======================
1004755-000 Burlington Northern & Santa Fe Sonat Exploration 7/1/97
Railway Company
=================== ======================================== ================================= ============= =======================
NORTH CHOCOLATE BAYOU, BRAZORIA COUNTY, TEXAS
============================================================================================== ============= =======================
907990-001 Warren S. Wilkinson, Jr., et al Fred W. Sumbera 3/1/94 94-012826
=================== ======================================== ================================= ============= =======================
907990-002 Frost National Bank Trustee Gaither Pet. Corp. 9/14/94 94-036373
=================== ======================================== ================================= ============= =======================
907992-003 I P Farms, Inc. Fred W. Sumbera 1/25/94 94-014993
=================== ======================================== ================================= ============= =======================
907992-006 AP3-PPW Ltd. Gaither Petroleum Corp. 2/13/96 96-019121
=================== ======================================== ================================= ============= =======================
907994-000 Michael Schenk, et al Gaither Petroleum Corp. 4/25/94 94-034907
=================== ======================================== ================================= ============= =======================
907995-001 Est. of William W. Allen, et al Gaither Petroleum Corp. 4/25/94 94-032850
=================== ======================================== ================================= ============= =======================
907995-002 The Raymond Dickson Fdn. Gaither Petroleum Corp. 4/25/94 94-033465
=================== ======================================== ================================= ============= =======================
907998-000 Missouri Improvement Fred W. Sumbera 1/11/94 94-002486
Company
=================== ======================================== ================================= ============= =======================
908000-001 Joe A. Beery, et ux Elliott Oil & Gas 3/6/92 92-32226
=================== ======================================== ================================= ============= =======================
908000-002 Margaret Beery Privett Elliott Oil & Gas 3/6/92 92-34062
=================== ======================================== ================================= ============= =======================
908000-003 Irvin Borders, Trustee Elliott Oil & Gas 3/6/92 92-32227
=================== ======================================== ================================= ============= =======================
908000-004 Freneau Allen Cron Gaither Petroleum Corp. 2/19/93 93-009943
=================== ======================================== ================================= ============= =======================
908000-005 Ameritrust Texas NA, et al Elliott Oil & Gas 6/11/92 92-32225
=================== ======================================== ================================= ============= =======================
908000-006 Robert George Bisbey, Trustee Elliott Oil & Gas 4/7/92 92-32228
=================== ======================================== ================================= ============= =======================
908000-007 Virginia B. Ball Elliott Oil & Gas 4/7/92 92-32229
=================== ======================================== ================================= ============= =======================
908000-008 Jennifer Beery Brock Elliott Oil & Gas 3/6/92 92-32223
=================== ======================================== ================================= ============= =======================
908000-009 Roy F. Beery, III Elliott Oil & Gas 3/6/92 92-32234
=================== ======================================== ================================= ============= =======================
908000-010 Steven Lee Beery Elliott Oil & Gas 3/6/92 92-32235
=================== ======================================== ================================= ============= =======================
908000-011 Georgia Gaskey Elliott Oil & Gas 3/24/92 92-32239
=================== ======================================== ================================= ============= =======================
908000-012 Wells Stewart Gaither Petroleum Corp. 2/1/93 93-005681
=================== ======================================== ================================= ============= =======================
908000-013 Maco Stewart, III Elliott Oil & Gas 3/16/92 93-006055
=================== ======================================== ================================= ============= =======================
908000-014 Samuel E. Hill, Jr. Gaither Petroleum Corp. 2/17/93 93-009945
=================== ======================================== ================================= ============= =======================
908000-015 Margaret Ann Walbridge Gaither Petroleum Corp. 2/1/93 93-005685
=================== ======================================== ================================= ============= =======================
908000-016 David H. Kitchen Elliott Oil & Gas 3/6/92 92-32230
=================== ======================================== ================================= ============= =======================
908000-017 Helen I. Cummins Elliott Oil & Gas 4/7/92 92-32232
=================== ======================================== ================================= ============= =======================
908000-018 Phyllis B. Kitchen Elliott Oil & Gas 4/7/92 92-32231
=================== ======================================== ================================= ============= =======================
908000-019 James M. Skelton, Jr. Elliott Oil & Gas 3/14/92 92-32238
=================== ======================================== ================================= ============= =======================
908000-020 Mark K. Skelton Elliott Oil & Gas 3/14/92 92-32236
=================== ======================================== ================================= ============= =======================
908000-021 Charles Fox Skelton Elliott Oil & Gas 3/14/92 92-32237
=================== ======================================== ================================= ============= =======================
908001-001 Mildred Keith Gastman Fred W. Sumbera 3/5/93 93-015592
=================== ======================================== ================================= ============= =======================
908001-002 Keith R. Clifford Fred W. Sumbera 3/5/93 93-015593
=================== ======================================== ================================= ============= =======================
908001-003 Donald R. Clifford Fred W. Sumbera 3/5/93 93-010659
=================== ======================================== ================================= ============= =======================
908001-005 Shawn C. Gulbrantson Fred W. Sumbera 2/1/93 93-005683
=================== ======================================== ================================= ============= =======================
908001-006 Debra Jo Williams Fred W. Sumbera 2/1/93 93-010938
=================== ======================================== ================================= ============= =======================
908001-007 Milton B. Collins Fred W. Sumbera 2/1/93 93-005684
=================== ======================================== ================================= ============= =======================
908001-008 Robert G. Collins Fred W. Sumbera 2/1/93 93-005682
=================== ======================================== ================================= ============= =======================
908001-009 William A. Collins Fred W. Sumbera 2/1/93 93-006571
=================== ======================================== ================================= ============= =======================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
LEASE NO. LESSOR / GRANTOR LESSEE / GRANTEE DATE RECORDING
=================== ======================================== ================================= ============= =======================
<S> <C> <C> <C> <C>
908001-010 Dorothy G. Clock Trust Fred W. Sumbera 2/1/93 93-006057
=================== ======================================== ================================= ============= =======================
908001-011 Ellen T. Blair Fred W. Sumbera 1/18/93 93-03307
=================== ======================================== ================================= ============= =======================
908002-001 Leon Thomas Fred W. Sumbera 3/1/94 94-010833
=================== ======================================== ================================= ============= =======================
908002-002 Catherine Thomas Fred W. Sumbera 2/5/93 93-011635
=================== ======================================== ================================= ============= =======================
908002-003 Florence Johnston Moore Fred W. Sumbera 2/10/93 93-009941
=================== ======================================== ================================= ============= =======================
908002-004 Margaret Johnston Crotinger Fred W. Sumbera 2/10/93 93-009942
=================== ======================================== ================================= ============= =======================
908002-005 Virginia Mae Colvig Fred W. Sumbera 2/8/93 93-009944
=================== ======================================== ================================= ============= =======================
908002-006 Ruth Beatty Fred W. Sumbera 3/1/94 93-010882
=================== ======================================== ================================= ============= =======================
908002-007 Thomas S. Carl Fred W. Sumbera 4/27/93 93-015594
=================== ======================================== ================================= ============= =======================
908002-008 Sally E. Seay Gaither Petroleum Corp. 8/23/93 93-031995
=================== ======================================== ================================= ============= =======================
908002-009 Evelyn S. Reese Gaither Petroleum Corp. 8/15/93 93-030079
=================== ======================================== ================================= ============= =======================
908002-010 Barbara K. Lardner Gaither Petroleum Corp. 8/15/93 93-030077
=================== ======================================== ================================= ============= =======================
908002-011 Paul Plummer Gaither Petroleum Corp. 8/15/93 93-030080
=================== ======================================== ================================= ============= =======================
908002-012 Martha P. Roberts Gaither Petroleum Corp. 8/15/93 93-030078
=================== ======================================== ================================= ============= =======================
908002-013 Bessie Thomas Fred W. Sumbera 3/1/94 94-029149
=================== ======================================== ================================= ============= =======================
908002-014 Beatrice Thomas Fred W. Sumbera 9/8/94 94-036372
=================== ======================================== ================================= ============= =======================
908387-000 A. A. Hacker E. V. Richard 2/1/35 Vol 260 Pg 23
=================== ======================================== ================================= ============= =======================
908390-000 Guy A. Thompson, Trustee Phillips Pet. Co. 6/1/45 Vol 8 Pg 282
=================== ======================================== ================================= ============= =======================
none IPF, INC. (ROW) Sonat Exploration 9/5/95 no recording
Company
=================== ======================================== ================================= ============= =======================
RODRIGUEZ (LAREDO), WEBB & ZAPATA COUNTIES, TEXAS
============================================================================================== ============= =======================
905017-000 Abel Vela, et al Scott Oil, Inc. 2/14/89 Vol 1399 Pg 675
=================== ======================================== ================================= ============= =======================
905020-000 L. A. Wright, et al Scott Taliaferro, Jr. 3/23/88 Vol 1292 Pg 174
=================== ======================================== ================================= ============= =======================
905027-000 L. A. Wright, et al Scott Oil, Inc. 12/5/93 Vol 1460 Pg 063
=================== ======================================== ================================= ============= =======================
905030-000 L. A. Wright, et al Scott Taliaferro, Jr. 1/21/85 no recording
=================== ======================================== ================================= ============= =======================
905044-000 Vimosa II Scott Taliaferro, Jr. 4/11/85 Vol 1118 Pg 281
=================== ======================================== ================================= ============= =======================
905047-000 Vimosa II TDC Engineering 10/19/88 no recording
=================== ======================================== ================================= ============= =======================
905049-000 Vimosa II TDC Engineering 12/16/87 no recording
=================== ======================================== ================================= ============= =======================
905058-000 Vimosa II Scott Taliaferro, Jr. 2/9/88 no recording
=================== ======================================== ================================= ============= =======================
905060-000 Dorothy Ida Moon Netzer, et al Scott Taliaferro, Jr. 2/4/85 Vol 1097 Pg 870
=================== ======================================== ================================= ============= =======================
905061-000 L. A. Wright, et al Scott Taliaferro, Jr. 10/10/84 Vol 1080 Pg 116
=================== ======================================== ================================= ============= =======================
905082-000 Raul Rodriguez Scott Taliaferro, Jr. 11/11/83 Vol 1039 Pg 886
=================== ======================================== ================================= ============= =======================
905087-000 Efedina Moore Espinola, et vir Scott Taliaferro, Jr. 7/6/84 Vol 1071 Pg 156
=================== ======================================== ================================= ============= =======================
905091-000 Aurora H. Moore, a widow Scott Taliaferro, Jr. 7/6/84 Vol 1071 Pg 171
=================== ======================================== ================================= ============= =======================
905092-001 Joseph Edward Moore Scott Taliaferro, Jr. 7/6/84 Vol 1071, Pg 166
=================== ======================================== ================================= ============= =======================
905092-002 Robert C. Moore Scott Taliaferro, Jr. 7/6/84 Vol 1071 Pg 161
=================== ======================================== ================================= ============= =======================
905096-000 Rosemary Santos, a widow Scott Taliaferro, Jr. 7/6/84 Vol 1071 Pg 176
=================== ======================================== ================================= ============= =======================
905125-001 George V. Garcia, et ux Scott Taliaferro, Jr. 7/9/84 Vol 1074 Pg 7
=================== ======================================== ================================= ============= =======================
905125-002 Wm. M. Wise & Dyer Investment Scott Taliaferro, Jr. 7/8/84 Vol 1074 Pg 25
=================== ======================================== ================================= ============= =======================
905176-000 Joseph A. Johnson Jr., et al Scott Taliaferro, Jr. 2/27/85 Vol 1099 Pg 633
=================== ======================================== ================================= ============= =======================
905194-000 McCook Cattle Company Webco Pipeline 6/18/75 Vol 488 Pg 1109
=================== ======================================== ================================= ============= =======================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
LEASE NO. LESSOR / GRANTOR LESSEE / GRANTEE DATE RECORDING
=================== ======================================== ================================= ============= =======================
<S> <C> <C> <C> <C>
905246-000 M. E. Malakoff, et al James A. Mayo 3/16/68 Vol 385 Pg 203
=================== ======================================== ================================= ============= =======================
905281-000 Myrlee Wright McNary, et al Webco Pipeline 7/14/85 Vol 488 Pg 1115
=================== ======================================== ================================= ============= =======================
905291-001 Octavio Salinas, et al John Mann, Trustee 5/20/74 Vol 182 Pg 341
=================== ======================================== ================================= ============= =======================
905291-002 Aristeo Aguilar, et ux John Mann, Trustee 5/13/76 Vol 200 Pg 568
=================== ======================================== ================================= ============= =======================
905293-000 Adrian A. Martinez, et al Texas Drilling Co. 7/24/78 Vol 220 Pg 766
=================== ======================================== ================================= ============= =======================
905295-000 Acela Martinez, et vir Texas Drilling Co. 7/24/78 Vol 220 Pg 771
=================== ======================================== ================================= ============= =======================
905296-000 Mercurio Martinez Texas Drilling Co. 7/24/78 Vol 220 Pg 776
=================== ======================================== ================================= ============= =======================
905299-000 Laredo National Bank / V. Cantu Webco Pipeline 6/18/75 Vol 488 Pg 1100
=================== ======================================== ================================= ============= =======================
905300-000 Francis J. Richter, et ux Webco Pipeline 6/12/75 Vol 488 Pg 1091
=================== ======================================== ================================= ============= =======================
905301-000 Helen Richter Watson, et al Webco Pipeline 6/12/75 Vol 488 Pg 1115
=================== ======================================== ================================= ============= =======================
905302-000 Daisy Irvin, et al Webco Pipeline 6/17/75 Vol 489 Pg 1002
=================== ======================================== ================================= ============= =======================
905303-000 City of Laredo Webco Pipeline 4/16/85 no recording
=================== ======================================== ================================= ============= =======================
905304-000 Texas Department of Highways Webco Pipeline 7/16/75 no recording
=================== ======================================== ================================= ============= =======================
905305-000 Texas Department of Highways Webco Pipeline 3/21/89 no recording
=================== ======================================== ================================= ============= =======================
905306-000 Texas Department of Highways Webco Pipeline 5/25/88 no recording
=================== ======================================== ================================= ============= =======================
905307-000 Texas Department of Highways Webco Pipeline 4/24/85 no recording
=================== ======================================== ================================= ============= =======================
905308-000 Texas Department of Highways Webco Pipeline 2/11/88 no recording
=================== ======================================== ================================= ============= =======================
905398-000 River South Mobile Home Park Webco Pipeline 8/17/92 no recording
=================== ======================================== ================================= ============= =======================
905510-000 Camilo Prada Machin Sonat Exploration 5/15/93 Vol 122 Pg 488
Company
=================== ======================================== ================================= ============= =======================
905655-001 Benigno H. Rodriguez Sonat Exploration 8/1/93 no recording
Company
=================== ======================================== ================================= ============= =======================
907047-000 Arturo M. Maldonado, et ux Sonat Exploration 2/15/94 Vol 497 Pg 796
Company
=================== ======================================== ================================= ============= =======================
907048-000 Alfredo G. Dovalina, et ux Sonat Exploration 2/21/94 Vol 497 Pg 802
Company
=================== ======================================== ================================= ============= =======================
907049-000 Steven Litman, Jr., et ux Sonat Exploration 2/18/94 Vol 497 Pg 808
Company
=================== ======================================== ================================= ============= =======================
907050-000 Roberto Salinas, et al Sonat Exploration 3/2/94 Vol 497 Pg 814
Company
=================== ======================================== ================================= ============= =======================
907051-000 Aristeo Aguilar, et ux Sonat Exploration 3/9/94 Vol 497 Pg 820
Company
=================== ======================================== ================================= ============= =======================
908841-000 Arturo M. Maldonado, et ux Sonat Exploration 1/19/94 no recording
Company
=================== ======================================== ================================= ============= =======================
911370-000 Dr. Sigifredo Perez, et al TDC Engineering 4/21/88 no recording
=================== ======================================== ================================= ============= =======================
none Camilo Prada Machin (ROW) Sonat Exploration none Vol 522 Pg 462
Company
=================== ======================================== ================================= ============= =======================
SOUTH KASPAR, DEWITT COUNTY, TEXAS
============================================================================================== ============= =======================
906549-000 Ernest Kuester, et al Atlantic Richfield Co. 10/06/88 Bk 279 Pg 72
=================== ======================================== ================================= ============= =======================
906548-000 Kaspar Wire Works, Inc. Atlantic Richfield Co. 07/07/88 Bk 277 Pg 207
=================== ======================================== ================================= ============= =======================
906551-000 L. R. Stevens, et ux Atlantic Richfield Co. 08/02/88 Bk 277 Pg 802
=================== ======================================== ================================= ============= =======================
906550-000 Lucille M Loos Atlantic Richfield Co. 07/13/88 Bk 278 Pg 460
=================== ======================================== ================================= ============= =======================
906552-000 Oliver Fieldon Stevens, Sr. et ux Atlantic Richfield Co. 06/23/88 Bk 277 Pg 207
=================== ======================================== ================================= ============= =======================
909281-000 Ernest Kuester, et al Atlantic Richfield Co. 08/19/91 Vol 352 Pg 653
=================== ======================================== ================================= ============= =======================
909248-000 Ernest Kuester, et al Atlantic Richfield Co. 08/19/91 no recording
=================== ======================================== ================================= ============= =======================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
LEASE NO. LESSOR / GRANTOR LESSEE / GRANTEE DATE RECORDING
=================== ======================================== ================================= ============= =======================
<S> <C> <C> <C> <C>
906566-000 William T. Kuester Tri-C Resources Inc. 10/15/92 Vol 365 Pg 78
=================== ======================================== ================================= ============= =======================
SOUTH PICOSO, WEBB COUNTY, TEXAS
============================================================================================== ============= =======================
906520-001 Mobil Producing Texas & NM Tri-C Resources Inc. 5/22/93 Vol 110 Pg 795
=================== ======================================== ================================= ============= =======================
906520-002 G. B. Minerals, Ltd. Tri-C Resources Inc. 4/30/93 Vol 112 Pg 354
=================== ======================================== ================================= ============= =======================
906500-006 C. Trebes Sasser Tri-C Resources Inc. 6/29/93 Vol 128 Pg 237
=================== ======================================== ================================= ============= =======================
YORKTOWN, SOUTH (ROEDER), DEWITT COUNTY, TEXAS
============================================================================================== ============= =======================
906579-000 Margaret M. Wehman, et al Tri-C Resources Inc. 12/20/90 Vol 271 Pg 494
=================== ======================================== ================================= ============= =======================
906577-000 Milton E. Feller Tri-C Resources Inc. 4/12/91 Vol 360 Pg 369
=================== ======================================== ================================= ============= =======================
NORTH CROWLEY, ACADIA PARISH, LOUISIANA
==============================================================================================
# not Minnique, Robert J. P. Owen 8/12/49 221211 N-9/367
available 01
=================== ======================================== ================================= ============= =======================
# not Landreneau, Louis Sonat Exploration 7/5/94 637622 A-55/692
available 30 Company
=================== ======================================== ================================= ============= =======================
# not Whitehead, Jessie Hartwell Sonat Exploration 11/16/94 not available
available 32 Company
=================== ======================================== ================================= ============= =======================
910449-001 Prather, William H., et al Sonat Exploration 4/8/93 W-51/894
Company
=================== ======================================== ================================= ============= =======================
910449-002 Martin, Anne Rosa W. Sonat Exploration 4/27/93 597047 W-51/904
Company
=================== ======================================== ================================= ============= =======================
910449-003 Allen, Sara Alice W. Sonat Exploration 4/30/93 W-51/844
Company
=================== ======================================== ================================= ============= =======================
910449-004 Hundley, Janice V. W. Sonat Exploration 5/5/93 596994 W-51/597
Company
=================== ======================================== ================================= ============= =======================
910449-006 Lumpkin, Lt. Col. William L. Sonat Exploration 5/9/93 597033 W-51/834
Company
=================== ======================================== ================================= ============= =======================
910449-007 Dyess, Natalie L. Sonat Exploration 5/9/93 597036 W-51/849
Company
=================== ======================================== ================================= ============= =======================
910449-009 Lumpkin, J. Howard Jr. Sonat Exploration 6/7/93 597032 W-51/829
Company
=================== ======================================== ================================= ============= =======================
910449-010 Williams, Barbara A. A. Sonat Exploration 6/12/96 624952 C-54/502
Company
=================== ======================================== ================================= ============= =======================
910449-011 Williams, David N. Sonat Exploration 6/12/96 626621 F-54/305
Company
=================== ======================================== ================================= ============= =======================
910450-001 Kurta, Loretta Z., et al Sonat Exploration 4/4/93 597029 W-51/809
Company
=================== ======================================== ================================= ============= =======================
910450-002 Iglinsky, Gertrude A. Z. et al Sonat Exploration 4/4/93 597028 W-51/803
Company
=================== ======================================== ================================= ============= =======================
910450-003 Bollich, Gerald Francis Sonat Exploration 4/8/93 597027 W-51/798
Company
=================== ======================================== ================================= ============= =======================
910450-004 Bollich, Donald J., et al Sonat Exploration 4/8/93 W-51/792
Company
=================== ======================================== ================================= ============= =======================
910450-005 Zaunbrecher, August Sonat Exploration 4/19/93 597025 W-51/787
Company
=================== ======================================== ================================= ============= =======================
910450-006 de Perrodil, Anna L. K., et al Sonat Exploration 4/27/93 597024 W-51/782
Company
=================== ======================================== ================================= ============= =======================
910450-007 Klein, Patricia A., et al Sonat Exploration 4/27/93 597023 W-51/777
Company
=================== ======================================== ================================= ============= =======================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
LEASE NO. LESSOR / GRANTOR LESSEE / GRANTEE DATE RECORDING
=================== ======================================== ================================= ============= =======================
<S> <C> <C> <C> <C>
910450-008 Zaunbrecher, Frederick, Jr. et al Sonat Exploration 5/11/93 597022 W-51/770
Company
=================== ======================================== ================================= ============= =======================
910450-009 Zaunbrecher, Rodney, et al Sonat Exploration 5/3/93 597021 W-51/762
Company
=================== ======================================== ================================= ============= =======================
910450-010 Labry, Gertrude K. Sonat Exploration 5/5/93 597020 W-51/757
Company
=================== ======================================== ================================= ============= =======================
910450-011 Zaunbrecher, Robert D. Sonat Exploration 6/7/93 597019 W-51/752
Company
=================== ======================================== ================================= ============= =======================
910450-012 Hatch, Philomena L. Sonat Exploration 6/7/93 597018 W-51/747
Company
=================== ======================================== ================================= ============= =======================
910450-013-1 LeBlanc, Andre J. et al Gary-Williams Production 6/7/93 597030 W-51/817
Co.
=================== ======================================== ================================= ============= =======================
910450-013-2 Gendron, Mary B. L. Gary-Williams Production 6/7/93 not available
Co.
=================== ======================================== ================================= ============= =======================
910451-001 Wild, Sylvia A. Fisher et al Sonat Exploration 4/12/93 597017 W-51/739
Company
=================== ======================================== ================================= ============= =======================
910451-002 Fisher, Sylvia L. Sonat Exploration 4/12/93 597016 W-51/731
Company
=================== ======================================== ================================= ============= =======================
910451-003 Fisher, Bruce Sonat Exploration 4/12/93 597015 W-51/723
Company
=================== ======================================== ================================= ============= =======================
910451-004 Fisher, Kira M. Sonat Exploration 4/12/93 597014 W-51/715
Company
=================== ======================================== ================================= ============= =======================
910451-005 Fisher, Brent Sonat Exploration 4/12/93 597013 W-51/707
Company
=================== ======================================== ================================= ============= =======================
910451-006 Fisher, Stephen H. Sonat Exploration 4/12/93 597012 W-51/699
Company
=================== ======================================== ================================= ============= =======================
910452-001 Cochran, Elizabeth Ann R. Sonat Exploration 4/20/94 634467 V-54/222
Company
=================== ======================================== ================================= ============= =======================
910452-003 Pelsia, Patricia Ruth R. Interdict Sonat Exploration 4/10/97 636682 Y-54/872
Company
=================== ======================================== ================================= ============= =======================
910455-001 McClelland, Lowell C. et al Sonat Exploration 5/25/93 597010 W-51/687
Company
=================== ======================================== ================================= ============= =======================
910455-002 McClelland, Winfred L. Sonat Exploration 5/25/93 596993 W-51/590
Company
=================== ======================================== ================================= ============= =======================
910477-000 Manuel, Leola F. W. Sonat Exploration 4/12/93 597037 W-51/854
Company
=================== ======================================== ================================= ============= =======================
910498-000 Arceneaux, Luther H. et ux Sonat Exploration 4/22/93 597011 W-51/694
Company
=================== ======================================== ================================= ============= =======================
910609-000-1 HJH, Inc., et al Gary-Williams Production 5/10/94 634439 V-54/155
Co.
=================== ======================================== ================================= ============= =======================
910609-000-2 Habetz, Roderick Leonard, et al Gary-Williams Production 5/10/94 634438 V-54/150
Co.
=================== ======================================== ================================= ============= =======================
910613-000-1 Habetz, Leonard J./HJH, Inc. et Gary-Williams Production 5/10/94 634436 V-54/137
al Co.
=================== ======================================== ================================= ============= =======================
910613-000-2 Habetz, Roderick Leonard, et al Gary-Williams Production 5/10/94 634437 V-54/145
Co.
=================== ======================================== ================================= ============= =======================
910621-001 Williams, Sims C. Jr. Sonat Exploration 5/25/93 597009 W-51/680
Company
=================== ======================================== ================================= ============= =======================
910621-002 Williams, Walter B. et al Sonat Exploration 5/25/93 597008 W-51/673
Company
=================== ======================================== ================================= ============= =======================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
LEASE NO. LESSOR / GRANTOR LESSEE / GRANTEE DATE RECORDING
=================== ======================================== ================================= ============= =======================
<S> <C> <C> <C> <C>
910621-003 Sullivan, Gloria Breaux Sonat Exploration 6/3/93 597046 W-51/899
Company
=================== ======================================== ================================= ============= =======================
910621-004 Branson, Mike C. Sonat Exploration 7/14/93 597007 W-51/668
Company
=================== ======================================== ================================= ============= =======================
910621-009 Thurmond, Marilyn Hunter Sonat Exploration 1/26/98 644607 P-55/377
Company
=================== ======================================== ================================= ============= =======================
910621-010 Hinnard, Betty Wyatt Sonat Exploration 1/15/98 644603 P-55/357
Company
=================== ======================================== ================================= ============= =======================
910621-011 Wyatt, Granville J. Jr. Sonat Exploration 1/15/98 644608 P-55/384
Company
=================== ======================================== ================================= ============= =======================
910621-012 Suddoth, Richard Earl Sonat Exploration 1/15/98 644606 P-55/372
Company
=================== ======================================== ================================= ============= =======================
910621-013 Spence, Elizabeth A. Suddoth Sonat Exploration 1/15/98 644604 P-55/362
Company
=================== ======================================== ================================= ============= =======================
910621-014 Suddoth, Nancy Jane Sonat Exploration 1/15/98 644605 P-55/367
Company
=================== ======================================== ================================= ============= =======================
910622-001 Dewalt, Clegg Sonat Exploration 5/17/93 597004 W-51/647
Company
=================== ======================================== ================================= ============= =======================
910622-002 Duhon, Bettie Rae Stakes Sonat Exploration 6/2/93 597005 W-51/652
Company
=================== ======================================== ================================= ============= =======================
910622-003 Walsh, Ronald James Sonat Exploration 7/16/93 597003 W-51/642
Company
=================== ======================================== ================================= ============= =======================
910632-000 Houssiere Properties Fontenot Petroleum Land 1/12/96 MEMO REC
Partnership Services, Inc. 619386
=================== ======================================== ================================= ============= =======================
910633-001 Davis, Roland et al Fontenot Petroleum Land 12/28/95 619882 T-53/58
Services, Inc.
=================== ======================================== ================================= ============= =======================
910633-002 Benoit, John R. Fontenot Petroleum Land 2/5/96 619795 S-53/836
Services, Inc.
=================== ======================================== ================================= ============= =======================
910633-003 Guillory, Rudy O. Fontenot Petroleum Land 2/1/96 620801 U-53/703
Services, Inc.
=================== ======================================== ================================= ============= =======================
910633-004 Lunney, Ina B. Fontenot Petroleum Land 2/1/96 620800 U-53/701
Services, Inc.
=================== ======================================== ================================= ============= =======================
910633-005 Newman, Mary J. D. Sonat Exploration 2/8/96 620802 U-53/705
Company
=================== ======================================== ================================= ============= =======================
910633-006 Gorby, Carolyn Sonat Exploration 7/3/96 626620 F-54/303
Company
=================== ======================================== ================================= ============= =======================
910634-001 Tuck, David L. Sonat Exploration 1/22/96 620084 T-53/441
Company
=================== ======================================== ================================= ============= =======================
910634-002 Murphy, Dorothy L. Sonat Exploration 1/25/96 619886 T-53/69
Company
=================== ======================================== ================================= ============= =======================
910634-003 Mitchell, Carey Gary-Williams Production 12/14/95 619887 T-53/71
Co.
=================== ======================================== ================================= ============= =======================
910634-004 Tillman, Pearly C. Sonat Exploration 1/25/96 619883 T-53/63
Company
=================== ======================================== ================================= ============= =======================
910634-005 Lormand, Aubrey M. Sonat Exploration 1/25/96 619884 T-53/65
Company
=================== ======================================== ================================= ============= =======================
910634-006 Frazier, Ruby C. Sonat Exploration 1/25/96 619885 T-53/67
Company
=================== ======================================== ================================= ============= =======================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
LEASE NO. LESSOR / GRANTOR LESSEE / GRANTEE DATE RECORDING
=================== ======================================== ================================= ============= =======================
<S> <C> <C> <C> <C>
910634-007 Hantz, Faye C. Sonat Exploration 1/25/96 not recorded yet
Company
=================== ======================================== ================================= ============= =======================
910634-008 Jeffers, Sue C. et al Sonat Exploration 1/25/96 153/641
Company
=================== ======================================== ================================= ============= =======================
910634-009 Legere, Bill et al Gary-Williams Production 12/14/95 620087 T-53/451
Co.
=================== ======================================== ================================= ============= =======================
910634-010 Bordges, Luke B. Sonat Exploration 1/22/96 620788 U-53/666
Company
=================== ======================================== ================================= ============= =======================
910634-011 Caruthers, Norman Sonat Exploration 1/25/96 621129 V-53/222
Company
=================== ======================================== ================================= ============= =======================
910634-012 Caruthers, Dwight Sonat Exploration 1/25/96 623651 A-54/444
Company
=================== ======================================== ================================= ============= =======================
910634-013 Mitchell, Jerry W. Sonat Exploration 1/25/96 623649 A54/441
Company
=================== ======================================== ================================= ============= =======================
910634-014 Bordges, Bobby J. Sonat Exploration 1/22/96 623648 A54/436
Company
=================== ======================================== ================================= ============= =======================
910634-015 Laughlin, Nomia H. et al Gary-Williams Production 12/6/95 619401 S-53/92
Co.
=================== ======================================== ================================= ============= =======================
910634-016 Crawford, Barbara F. N. et al Gary-Williams Production 12/6/95 619399 S-53/84
Co.
=================== ======================================== ================================= ============= =======================
910634-017 Horton, Margie M. Gary-Williams Production 12/14/95 619398 S-53/79
Co.
=================== ======================================== ================================= ============= =======================
910634-018 Farrell, Warren E. Gary-Williams Production 12/14/95 619385 S-53/12
Co.
=================== ======================================== ================================= ============= =======================
910634-019 LeBlanc, Nelton P. et ux Gary-Williams Production 11/8/95 619402 S-53/98
Co.
=================== ======================================== ================================= ============= =======================
910635-001 John, Albert R. Sonat Exploration 1/25/96 619794 S-53/834
Company
=================== ======================================== ================================= ============= =======================
910635-002 Reed, Anne M. R. Gary-Williams Production 11/10/95 not available
Co.
=================== ======================================== ================================= ============= =======================
910635-003 Reggie, Emile A. III et al Gary-Williams Production 11/10/95 620628 U53/501
Co.
=================== ======================================== ================================= ============= =======================
910635-004 Lewis, Ruby M. Sonat Exploration 3/18/96 621130 V53/224
Company
=================== ======================================== ================================= ============= =======================
910635-005 John, John N. III et al Gary-Williams Production 11/10/95 619395 S-53/61
Co.
=================== ======================================== ================================= ============= =======================
910635-006 Helo, Henry Gary-Williams Production 11/10/95 619394 S-53/56
Co.
=================== ======================================== ================================= ============= =======================
910635-007 Sarsfield, Susan et al Gary-Williams Production 11/10/95 619391 S-53/39
Co.
=================== ======================================== ================================= ============= =======================
910635-006 Helo, Kermit Gary-Williams Production 11/10/95 619392 S-53/46
Co.
=================== ======================================== ================================= ============= =======================
910635-009 Ackal, Dalel H. Gary-Williams Production 11/10/95 619413 S-53/142
Co.
=================== ======================================== ================================= ============= =======================
910635-010 Helo, Michael F. et al Gary-Williams Production 11/10/95 619418 S-53/171
Co.
=================== ======================================== ================================= ============= =======================
910635-011 Helo, Paul K. Gary-Williams Production 11/10/95 619387 S-53/19
Co.
=================== ======================================== ================================= ============= =======================
910635-012 White, Regina A. H. Gary-Williams Production 11/10/95 619419 S-53/178
Co.
=================== ======================================== ================================= ============= =======================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
LEASE NO. LESSOR / GRANTOR LESSEE / GRANTEE DATE RECORDING
=================== ======================================== ================================= ============= =======================
<S> <C> <C> <C> <C>
910635-013 Rasmusson, Georgia A. G. Gary-Williams Production 11/10/95 619407 S-53/118
Co.
=================== ======================================== ================================= ============= =======================
910635-014 Goin, Marguerite L. Gary-Williams Production 11/10/95 619420 S-53/183
Co.
=================== ======================================== ================================= ============= =======================
910635-015 Smith, Carolyn G. Gary-Williams Production 11/10/95 619404 S-53/107
Co.
=================== ======================================== ================================= ============= =======================
910635-016 Matthew, Cynthia G. Gary-Williams Production 11/10/95 619411 S-53/131
Co.
=================== ======================================== ================================= ============= =======================
910635-017 Lawson, Antoinette G. Gary-Williams Production 11/10/95 619421 S-53/188
Co.
=================== ======================================== ================================= ============= =======================
910635-018 Goin, Thomas A. Gary-Williams Production 11/10/95 619405 S-53/112
Co.
=================== ======================================== ================================= ============= =======================
910776-000 Williams, Frederick C., et al Humble Oil and Refining 4/1/46 193305 I-8/17
=================== ======================================== ================================= ============= =======================
910780-001 Ewing, Henry B. et al Gary-Williams Production 11/3/95 not available
Co.
=================== ======================================== ================================= ============= =======================
910780-002 Kebodeaux, Adeline et al Sonat Exploration 3/21/96 623644 A54/430
Company
=================== ======================================== ================================= ============= =======================
910780-003 Lormand, John Jr. Sonat Exploration 3/21/96 623399 Z53/968
Company
=================== ======================================== ================================= ============= =======================
910780-004 Lormand, Jimmy, et ux Sonat Exploration 3/21/96 623400 Z53/970
Company
=================== ======================================== ================================= ============= =======================
910780-005 Lormand, Dalton Sonat Exploration 3/21/96 623398 Z53/966
Company
=================== ======================================== ================================= ============= =======================
910780-006 Schexneider, Jean C. Sonat Exploration 5/1/96 624813 C-54/286
Company
=================== ======================================== ================================= ============= =======================
910780-007 Morris, Anna Marie S., et al Sonat Exploration 4/24/96 625810 E-54/43
Company
=================== ======================================== ================================= ============= =======================
910780-008 Saldivar, Wendy et al Sonat Exploration 4/24/96 627490 G-54/761
Company
=================== ======================================== ================================= ============= =======================
910781-000 Kerr, Wayne H. et al Sonat Exploration 3/11/93 597044 W-51/889
Company
=================== ======================================== ================================= ============= =======================
910782-000 Leger, Justin T. et ux Gary-Williams Production 10/1/95 613808 H-53/519
Co.
=================== ======================================== ================================= ============= =======================
910783-000 Trahan, Lana Lil Sonat Exploration 10/1/95 615237 J-53/720
Company
=================== ======================================== ================================= ============= =======================
910862-000 Ancelet, Ray Sonat Exploration 6/13/94 634456 V-54/200
Company
=================== ======================================== ================================= ============= =======================
910863-000 Spaetgens, Bertha E. Sonat Exploration 6/13/94 601537 G-52/394
Company
=================== ======================================== ================================= ============= =======================
910864-000 Ewing, Henry B. et al Sonat Exploration 6/13/94 612435 D-53/845
Company
=================== ======================================== ================================= ============= =======================
910865-001 Ewing, Henry B. Sonat Exploration 6/13/94 634455 V-54/198
Company
=================== ======================================== ================================= ============= =======================
910866-000 Ewing, Henry B. Sonat Exploration 6/13/94 634454 V-54/196
Company
=================== ======================================== ================================= ============= =======================
910867-000 Ancelet, Carl J. et ux Sonat Exploration 6/13/97 632398 R-54/190
Company
=================== ======================================== ================================= ============= =======================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
LEASE NO. LESSOR / GRANTOR LESSEE / GRANTEE DATE RECORDING
=================== ======================================== ================================= ============= =======================
<S> <C> <C> <C> <C>
910868-000 Ancelet, Larfay Dwayne et ux Sonat Exploration 6/13/94 632397 R-54/188
Company
=================== ======================================== ================================= ============= =======================
910869-000 Ancelet, Kenneth Dale et ux Sonat Exploration 6/13/94 634452 V-54/192
Company
=================== ======================================== ================================= ============= =======================
910870-000 Nelson, Irene Ancelet, et al Sonat Exploration 6/28/94 634466 V-54/220
Company
=================== ======================================== ================================= ============= =======================
910871-000 Ancelet, Kenneth D. et ux Sonat Exploration 6/30/94 634440 V-54/162
Company
=================== ======================================== ================================= ============= =======================
910872-001 Ancelet, Larfay J. et al Sonat Exploration 6/30/94 634469 V-54/230
Company
=================== ======================================== ================================= ============= =======================
910872-002 Prince, Diane A. et al Sonat Exploration 6/30/94 612443 D-53/923
Company
=================== ======================================== ================================= ============= =======================
910873-000 Pelsia, Patricia A. R. Sonat Exploration 6/15/93 597006 W-51/657
Company
=================== ======================================== ================================= ============= =======================
910942-000 Marx, Donald E. et ux Sonat Exploration 2/11/96 620794 U-53/682
Company
=================== ======================================== ================================= ============= =======================
910944-000 Arabie, Joseph C. et ux Sonat Exploration 2/11/96 620797 U-53/691
Company
=================== ======================================== ================================= ============= =======================
910947-001 Goldsby, Betty A. S. Sonat Exploration 2/11/96 620796 U-53/689
Company
=================== ======================================== ================================= ============= =======================
910947-002 Goldsby, Donald Sonat Exploration 2/11/96 620795 U-53/687
Company
=================== ======================================== ================================= ============= =======================
910971-000 Trahan, Joseph H. et ux Sonat Exploration 2/28/96 620789 U-53/671
Company
=================== ======================================== ================================= ============= =======================
910972-000 Stewart, Anthony R. et ux Sonat Exploration 2/11/96 620147 T-53/643
Company
=================== ======================================== ================================= ============= =======================
910973-000 Hilliard, Thomas Jr. et ux Sonat Exploration 2/11/96 620143 T-53/635
Company
=================== ======================================== ================================= ============= =======================
910974-000 Cart, Cecil et ux Sonat Exploration 2/11/96 620144 T-53/637
Company
=================== ======================================== ================================= ============= =======================
910975-000 Hoffpauir, Harrell Jr. Sonat Exploration 2/11/96 620142 T-53/633
Company
=================== ======================================== ================================= ============= =======================
910976-000 Moore, Samuel et ux Sonat Exploration 2/11/96 620141 T-53/631
Company
=================== ======================================== ================================= ============= =======================
910977-000 McCormick, Marjorie et vir Sonat Exploration 2/11/96 620793 U-53/680
Company
=================== ======================================== ================================= ============= =======================
910978-000 Hayes, Isabelle et al Sonat Exploration 2/13/96 620787 U-53/663
Company
=================== ======================================== ================================= ============= =======================
910979-000 Hanks, Gertrude et al Sonat Exploration 2/5/96 620798 U-53/693
Company
=================== ======================================== ================================= ============= =======================
910980-000 Hanks, Johnny et ux Sonat Exploration 2/5/96 620145 T53/639
Company
=================== ======================================== ================================= ============= =======================
910981-000 Hanks, Autry, et ux Sonat Exploration 2/5/96 620086 T-53/449
Company
=================== ======================================== ================================= ============= =======================
911009-001 Robinson, Edwin R. Sr. Sonat Exploration 7/4/93 596999 W-51/622
Company
=================== ======================================== ================================= ============= =======================
911009-002 Robinson, Elwyn W. Sonat Exploration 7/4/93 597001 W-51/632
Company
=================== ======================================== ================================= ============= =======================
911009-003 Robinson, Charles B. Sonat Exploration 7/12/93 597000 W-51/627
Company
=================== ======================================== ================================= ============= =======================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
LEASE NO. LESSOR / GRANTOR LESSEE / GRANTEE DATE RECORDING
=================== ======================================== ================================= ============= =======================
<S> <C> <C> <C> <C>
911009-004 Adams, Ralph A. Sonat Exploration 7/16/93 598665 A-52/736
Company
=================== ======================================== ================================= ============= =======================
911009-005 Adams, Richard W. Sonat Exploration 7/16/93 599564 C-52/316
Company
=================== ======================================== ================================= ============= =======================
911009-006 Moffett, Connie R. K. Sonat Exploration 7/16/93 598674 A-52/783
Company
=================== ======================================== ================================= ============= =======================
911009-008 Adams, Robert Allen Sonat Exploration 7/24/93 598658 A-52/702
Company
=================== ======================================== ================================= ============= =======================
911009-009 Kiefer, Michael D. Sonat Exploration 7/25/93 599563 C-52/311
Company
=================== ======================================== ================================= ============= =======================
911009-010 Dubuc, Craig C. Sonat Exploration 11/6/93 598673 A-52/778
Company
=================== ======================================== ================================= ============= =======================
911009-011 Robinson, Lester Harlis Sonat Exploration 7/9/93 596995 W51/602
Company
=================== ======================================== ================================= ============= =======================
911010-000 Ancelet, Claude Jr. Sonat Exploration 7/5/94 634442 V-54/169
Company
=================== ======================================== ================================= ============= =======================
911011-001 Fontenot, Doris et al Sonat Exploration 7/5/94 612445 D-53/934
Company
=================== ======================================== ================================= ============= =======================
911011-002 Petit, George A. L. Sonat Exploration 7/5/94 612447 D-53/944
Company
=================== ======================================== ================================= ============= =======================
911013-000 LeBlanc, Wallace Sonat Exploration 7/21/94 634463 V-54/214
Company
=================== ======================================== ================================= ============= =======================
911014-001-1 HJH, Inc., Clementine Habetz Sonat Exploration 7/9/94 638948 D-55/683
Kirsch, Lawrence J. H Company
=================== ======================================== ================================= ============= =======================
911014-001-2 Barlow, Alberta Habetz Sonat Exploration 7/9/94 638951 D-55/742
Company
=================== ======================================== ================================= ============= =======================
911014-001-3 Habetz, James Leonard, Sr., Sonat Exploration 7/9/94 638949 D-55/703
Succession of Company
=================== ======================================== ================================= ============= =======================
911016-000 Broussard, Calvin et ux Sonat Exploration 2/26/97 634462 V-54/212
Company
=================== ======================================== ================================= ============= =======================
911017-000 Bourque, Brenda C. Sonat Exploration 7/28/94 632403 R-54/200
Company
=================== ======================================== ================================= ============= =======================
911018-000 Spell, Ruby H. Sonat Exploration 7/28/94 634447 V-54/182
Company
=================== ======================================== ================================= ============= =======================
911019-000 Stuckey, Betty L. Hoffpauir Sonat Exploration 7/28/94 634445 V-54/177
Company
=================== ======================================== ================================= ============= =======================
911020-000 Klumpp, R. C. et ux Sonat Exploration 7/29/94 634450 V-54/188
Company
=================== ======================================== ================================= ============= =======================
911021-000 Simon, Clarence C. Sonat Exploration 7/29/94 634459 V-54/206
Company
=================== ======================================== ================================= ============= =======================
911022-000 Simon, Donald W. et ux Sonat Exploration 7/29/94 612425 D-53/821
Company
=================== ======================================== ================================= ============= =======================
911023-000 Simon, William R. Sonat Exploration 7/29/94 634457 V-54/202
Company
=================== ======================================== ================================= ============= =======================
911024-000 Wiggins, Brenda S. Sonat Exploration 7/29/94 634464 V-54/216
Company
=================== ======================================== ================================= ============= =======================
911057-000 West, Karen J. C. Sonat Exploration 8/23/95 616156 L-54/198
Company
=================== ======================================== ================================= ============= =======================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
LEASE NO. LESSOR / GRANTOR LESSEE / GRANTEE DATE RECORDING
=================== ======================================== ================================= ============= =======================
<S> <C> <C> <C> <C>
911060-000 Stoute, Daniel et ux Sonat Exploration 8/19/94 634443 V-54/171
Company
=================== ======================================== ================================= ============= =======================
911082-000 Richard, Hubert, et ux Sonat Exploration 8/2/94 634460 V-54/208
Company
=================== ======================================== ================================= ============= =======================
911085-000 Richard, Sally S. Sonat Exploration 8/2/94 634458 V-54/204
Company
=================== ======================================== ================================= ============= =======================
911087-000 Trahan, Harvey Sonat Exploration 9/14/94 634451 V-54/190
Company
=================== ======================================== ================================= ============= =======================
911090-001 Rudolph, Jill Gueno Sonat Exploration 9/16/93 597049 W-51/914
Company
=================== ======================================== ================================= ============= =======================
911090-003 Gueno, Gregory W. Sonat Exploration 9/16/93 597042 W-51/879
Company
=================== ======================================== ================================= ============= =======================
911102-000 Lavergne, Joseph C. & Mary Sonat Exploration 3/21/96 622909 Y-53/465
Ellen Lavergne Wyble Company
=================== ======================================== ================================= ============= =======================
911105-000 Habetz, Leonard J., et al Sonat Exploration 10/1/94 634441 V-54/165
Company
=================== ======================================== ================================= ============= =======================
911106-000 O'Quain, Darrel W. et ux Sonat Exploration 3/11/96 620871 U-53/826
Company
=================== ======================================== ================================= ============= =======================
911107-000 Hoffpauir, Gary E. et ux Sonat Exploration 3/11/96 620870 U-53/824
Company
=================== ======================================== ================================= ============= =======================
911108-000 Vidrine, John L. Jr. et ux Sonat Exploration 3/11/96 620869 U-53/822
Company
=================== ======================================== ================================= ============= =======================
911109-000 Joffrion, Edwin, et ux Sonat Exploration 2/22/96 620792 U-53/678
Company
=================== ======================================== ================================= ============= =======================
911110-000 Murphy, Ervin, et ux Sonat Exploration 2/11/96 620791 U-53/676
Company
=================== ======================================== ================================= ============= =======================
911111-000 Johnson, Ted P. Sonat Exploration 2/13/96
Company
=================== ======================================== ================================= ============= =======================
911112-000 LeBlanc, George Roy, et ux Sonat Exploration 3/27/96 622907 Y53/456
Company
=================== ======================================== ================================= ============= =======================
911113-000 Melancon, Wayne F. et ux Sonat Exploration 3/11/96 622900 Y53/430
Company
=================== ======================================== ================================= ============= =======================
911114-000 Jones, Donald H. et ux Sonat Exploration 10/13/94 634448 V-54/184
Company
=================== ======================================== ================================= ============= =======================
911115-000 Jones, Donald H. et ux Sonat Exploration 10/13/94 634449 V-54/186
Company
=================== ======================================== ================================= ============= =======================
911116-000 Williams, Donnaud B., et ux Sonat Exploration 3/26/96 622902 Y53/441
Company
=================== ======================================== ================================= ============= =======================
911117-001 HJH, Inc., et al Sonat Exploration 9/1/93 612441 D-53/896
Company
=================== ======================================== ================================= ============= =======================
911117-002 Ohlenforst, John F. et al Sonat Exploration 10/11/93 598655 A-52/679
Company
=================== ======================================== ================================= ============= =======================
911117-003 Hoffpauir, Antonia J. T. et al Sonat Exploration 10/11/93 599965 D-52/57
Company
=================== ======================================== ================================= ============= =======================
911117-004 Thevis, James T. Sonat Exploration 10/11/93 598671 A-52/767
Company
=================== ======================================== ================================= ============= =======================
911117-005 Jones, Donald H. et ux Sonat Exploration 10/26/94 607176 S-52/452
Company
=================== ======================================== ================================= ============= =======================
911117-006 Thevis, Lionel E. et al Sonat Exploration 1/20/94 631513 P-54/609
Company
=================== ======================================== ================================= ============= =======================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
LEASE NO. LESSOR / GRANTOR LESSEE / GRANTEE DATE RECORDING
=================== ======================================== ================================= ============= =======================
<S> <C> <C> <C> <C>
911118-000 Boullion, Andrew J. et ux Sonat Exploration 3/11/96 620868 U53/817
Company
=================== ======================================== ================================= ============= =======================
911122-000 Istre, Robyn Q. Sonat Exploration 10/20/95 616882 M-53/428
Company
=================== ======================================== ================================= ============= =======================
911123-000 Quibodeaux, Alice R. Sonat Exploration 10/20/95 616878 M-53/415
Company
=================== ======================================== ================================= ============= =======================
911124-000 Robinson, Frank Sonat Exploration 10/20/95 619397 S-53/74
Company
=================== ======================================== ================================= ============= =======================
911125-001 Privat, Kenneth O. Sonat Exploration 10/21/94 636681 Y-54/869
Company
=================== ======================================== ================================= ============= =======================
911134-000 5-H Farms, Inc. Sonat Exploration 10/1/93 597054 W-51/944
Company
=================== ======================================== ================================= ============= =======================
911144-001 Vintage Petroleum Inc. Gary-Williams Production 10/9/95 not available
Co.
=================== ======================================== ================================= ============= =======================
911144-002 Jones, Donald H. et al Gary-Williams Production 11/14/94 608081 U-52/953
Co.
=================== ======================================== ================================= ============= =======================
911144-003 Duncan, Howard A. et al Gary-Williams Production 11/14/94 608082 U-52/957
Co.
=================== ======================================== ================================= ============= =======================
911144-004 Taylor, John A. et al Gary-Williams Production 11/14/94 608077 U-52/919
Co.
=================== ======================================== ================================= ============= =======================
911144-005 Stakes, Annie R. et al Gary-Williams Production 11/14/94 608083 U-52/966
Co.
=================== ======================================== ================================= ============= =======================
911144-006 Robinson, Leo J. et ux Gary-Williams Production 11/14/94 608078 U-52/928
Co.
=================== ======================================== ================================= ============= =======================
911144-007 Myers, Paulette Duncan, et al Gary-Williams Production 11/14/94 608079 U-52/937
Co.
=================== ======================================== ================================= ============= =======================
911144-008 Hornsby, Jo Ann C. et al Gary-Williams Production 11/14/94 608071 U-52/880
Co.
=================== ======================================== ================================= ============= =======================
911144-009 Duhon, Bettie Rae S. et al Gary-Williams Production 11/14/94 608116 V-52/88
Co.
=================== ======================================== ================================= ============= =======================
911144-010 Hornsby, Wava S. Gary-Williams Production 11/14/94 608084 U-52/974
Co.
=================== ======================================== ================================= ============= =======================
911144-011 Tipton, Linda L. S. Gary-Williams Production 11/14/94 608073 U-52/895
Co.
=================== ======================================== ================================= ============= =======================
911144-012 Stakes, Alan D. Gary-Williams Production 11/14/94 608072 U-52/889
Co.
=================== ======================================== ================================= ============= =======================
911144-013 Marmino, Paul Jr. et al Gary-Williams Production 11/14/94 608080 U-52/945
Co.
=================== ======================================== ================================= ============= =======================
911144-014 Stakes, Dennis M. Gary-Williams Production 11/14/94 608074 U-52/901
Co.
=================== ======================================== ================================= ============= =======================
911144-015 Stakes, James T. Gary-Williams Production 11/14/94 608075 U-52/907
Co.
=================== ======================================== ================================= ============= =======================
911144-016 Stakes, John A. Gary-Williams Production 11/14/94 608076 U-52/913
Co.
=================== ======================================== ================================= ============= =======================
911144-017 Edwards, Edwin W. et al Gary-Williams Production 11/14/94 608115 V-52/81
Co.
=================== ======================================== ================================= ============= =======================
911144-018 Edward Trust et al Gary-Williams Production 11/14/94 608266 V-52/325
Co.
=================== ======================================== ================================= ============= =======================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
LEASE NO. LESSOR / GRANTOR LESSEE / GRANTEE DATE RECORDING
=================== ======================================== ================================= ============= =======================
<S> <C> <C> <C> <C>
911144-019 Meche, Robin C. H., naked Gary-Williams Production 11/14/94 608117 V-52/96
owner Co.
=================== ======================================== ================================= ============= =======================
911144-020 Acosta, Monica D. Sonat Exploration 11/14/94 612366 D-53/652
Company
=================== ======================================== ================================= ============= =======================
911170-001 Meyer, Henry L. et al Sonat Exploration 10/1/94 634444 V-54/173
Company
=================== ======================================== ================================= ============= =======================
911173-001 Jamag, Inc./WAS Cramer, Mary Sonat Exploration 10/1/94 638956 D-55/835
H. Company
=================== ======================================== ================================= ============= =======================
911173-002 Habetz, Dwight Bernard Gary-Williams Production 10/1/94 D-53/670
Co. extension 638952
D-55/759
=================== ======================================== ================================= ============= =======================
911173-003-1 HJH, Inc., et al Sonat Exploration 10/1/94 612440 D-53/871
Company extension 638952
D-55/759
=================== ======================================== ================================= ============= =======================
911173-003-2 Barlow, Alberta Habetz Sonat Exploration 10/1/94 638955 D-55/818
Company
=================== ======================================== ================================= ============= =======================
911173-003-3 Habetz, James Leonard, Sr. Sonat Exploration 10/1/94 not available
Succession of Company
=================== ======================================== ================================= ============= =======================
911173-003-4 Habetz, Ashley Aline a minor Sonat Exploration 10/1/97 638954 D-55/797
child Company
=================== ======================================== ================================= ============= =======================
911189-000 Roberts Cove Church Sonat Exploration 7/20/95 615231 J-53/689
Company
=================== ======================================== ================================= ============= =======================
911212-000 Olivier, Anthony L. Sonat Exploration 3/21/96 623652 A54/446
Company
=================== ======================================== ================================= ============= =======================
911227-000 Hamic, Garland J. & Edith Ross Sonat Exploration 4/16/96 623336 Z 53/880
Hamic Company
=================== ======================================== ================================= ============= =======================
911231-001 Williams, Donnaud B. & Sonat Exploration 3/26/96 622901 Y53/435
Clarabelle Spargue Williams Company
=================== ======================================== ================================= ============= =======================
911231-002 Williams, Walter B. & Michael H. Sonat Exploration 3/26/96 623340 Z53/893
Williams Company
=================== ======================================== ================================= ============= =======================
911231-003 Williams,Marie Adele Arpin, Sonat Exploration 3/26/96 624334 B54/460
Individually & As Trustee Company
=================== ======================================== ================================= ============= =======================
911231-004 Williams, Katherine Carney Sonat Exploration 9/25/96 628821 J-54/499
Company
=================== ======================================== ================================= ============= =======================
911239-000 Aycock, Lora L. Goins Sonat Exploration 11/1/93 599552 C-52/267
Company
=================== ======================================== ================================= ============= =======================
911243-000 Anderson, Janet Ewing et al Sonat Exploration 11/4/94 636695 Y-54/919
Company
=================== ======================================== ================================= ============= =======================
911244-001 Foster, Mary S. Sonat Exploration 3/11/96 622908 Y53/463
Company
=================== ======================================== ================================= ============= =======================
911244-002 Gaspard, John Sonat Exploration 3/11/96 622899 Y53/428
Company
=================== ======================================== ================================= ============= =======================
911244-003 Gardiner, H. L. et ux Sonat Exploration 2/11/96 622911 Y53/472
Company
=================== ======================================== ================================= ============= =======================
911248-000 Murphy, James G. et ux Sonat Exploration 11/10/94 599551 C-52/259
Company
=================== ======================================== ================================= ============= =======================
911251-000 Murphy, Doris R. Sonat Exploration 11/10/94 599549 C-52/243
Company
=================== ======================================== ================================= ============= =======================
911255-000 Cart, Randall R. et ux Sonat Exploration 11/10/94 600301D-52/750
Company
=================== ======================================== ================================= ============= =======================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
LEASE NO. LESSOR / GRANTOR LESSEE / GRANTEE DATE RECORDING
=================== ======================================== ================================= ============= =======================
<S> <C> <C> <C> <C>
911263-000 Murphy, Robert Drew Sonat Exploration 11/10/94 599550 C-52/251
Company
=================== ======================================== ================================= ============= =======================
911269-001 Davis, Barbara Morton Sonat Exploration 11/8/93 597052 W-51/931
Company
=================== ======================================== ================================= ============= =======================
911269-002 Petteway, Maude Morton Sonat Exploration 11/8/93 600304 D-52/766
Company
=================== ======================================== ================================= ============= =======================
911269-003 Morton, Edward S. et al Sonat Exploration 11/8/93 597060 W-51/983
Company
=================== ======================================== ================================= ============= =======================
911274-000 Murphy, Ervin et al Sonat Exploration 2/11/96 620790 U-53/673
Company
=================== ======================================== ================================= ============= =======================
911276-000 Kidder, Douglas Pierre Sr. & Sonat Exploration 4/15/96 623337 Z53/885
Stephanie Lynn Spell Company
=================== ======================================== ================================= ============= =======================
911277-000 Clement, Charles, et ux Sonat Exploration 4/12/96 623338 Z-53/887
Company
=================== ======================================== ================================= ============= =======================
911278-000 Stoute, Daniel & Della Faulk Sonat Exploration 4/12/96 623339 Z53/889
Stoute Company
=================== ======================================== ================================= ============= =======================
911279-001 Lantier, Betty Trahan, et al Sonat Exploration 4/17/96 623341 Z53/899
Company
=================== ======================================== ================================= ============= =======================
911279-002 Trahan, Joseph Sonat Exploration 4/17/96 626816 F-54/563
Company
=================== ======================================== ================================= ============= =======================
911281-001 Landry, J. W.,as Trustee in and Sonat Exploration 3/18/96 623653 A54/450
for the Martha Wal Company
=================== ======================================== ================================= ============= =======================
911281-002 Johnson, Paula Ann Wallace Sonat Exploration 3/18/96 623654 A54/460
Company
=================== ======================================== ================================= ============= =======================
911281-003 Lee,Vanessa Lynn Kelley & Sonat Exploration 3/18/96 623655 A54/469
Melissa Leigh Kelley Dur Company
=================== ======================================== ================================= ============= =======================
911300-000 Leonards, Edwin J. et al. Sonat Exploration 3/29/96 624486 C-54/812
Company
=================== ======================================== ================================= ============= =======================
911301-004 Lawson Land Company, et al Sonat Exploration 11/3/97 641717 J-55/780
Company corrected 650991
A-56/324, ratified
650992 A-56/333
=================== ======================================== ================================= ============= =======================
911301-005 Porter, Mary T. Chappuis Sonat Exploration 12/2/97 644612 P-55/413
Company
=================== ======================================== ================================= ============= =======================
911301-006 Nolen, Jeanne Chappuis Sonat Exploration 12/2/97 644611 P-55/405
Company
=================== ======================================== ================================= ============= =======================
911301-007 Chappuis, Julie Michelle Sonat Exploration 12/2/97 644610 P-55/397
Company
=================== ======================================== ================================= ============= =======================
911301-008 O'Rourke, Michael J. Jr. Sonat Exploration 12/2/97 645265 Q-55/473
Company
=================== ======================================== ================================= ============= =======================
911301-009 Brown, Sarah L. Chappuis Sonat Exploration 12/2/97 644609 P-55/389
Company
=================== ======================================== ================================= ============= =======================
911301-010 Lawson, William E. & Frederick Sonat Exploration 11/15/97 641718 J-55/796
L. Williams Company
=================== ======================================== ================================= ============= =======================
911301-011 Maraist, A. C. & Associates, Ltd. Sonat Exploration 11/25/97 641845 K-55/104,
Company corrected 647158
T-55/637
=================== ======================================== ================================= ============= =======================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
LEASE NO. LESSOR / GRANTOR LESSEE / GRANTEE DATE RECORDING
=================== ======================================== ================================= ============= =======================
<S> <C> <C> <C> <C>
911301-012 Keigley, Stephanie A. Chappuis Sonat Exploration 10/16/97 647765 U-55/620
Company
=================== ======================================== ================================= ============= =======================
911338-001 Laurents, Alberta H. et al Sonat Exploration 11/16/94 599547 C-52/219
Company
=================== ======================================== ================================= ============= =======================
911338-002 Davis, Henrietta Hartwell Sonat Exploration 11/16/94 602816 I-52/616
Company
=================== ======================================== ================================= ============= =======================
911389-000 Nevitt, William G. et ux Sonat Exploration 11/18/93 598664 A-52/732
Company
=================== ======================================== ================================= ============= =======================
911391-000 Habetz, Edmund L. et ux Sonat Exploration 11/3/93 597057 W51/966
Company
=================== ======================================== ================================= ============= =======================
911392-000 Cramer, Gertrude F. H. Sonat Exploration 11/3/93 597058 W-51/970
Company
=================== ======================================== ================================= ============= =======================
911394-000 Zaunbrecher, Anna C. et al Sonat Exploration 11/3/93 597056 W-51/960
Company
=================== ======================================== ================================= ============= =======================
911399-000 Stewart, James M. et al Sonat Exploration 11/11/93 597059 W-51/974
Company
=================== ======================================== ================================= ============= =======================
911409-000 Zaunbrecher, Bernard et al Sonat Exploration 11/5/93 597051 W-51/923
Company
=================== ======================================== ================================= ============= =======================
911423-000 Miller, Jack Derrick et ux Sonat Exploration 12/2/93 598657 A-52/696
Company
=================== ======================================== ================================= ============= =======================
911429-000 Fontenot, Melvin Lee Sonat Exploration 12/4/93 597061 W-51/989
Company
=================== ======================================== ================================= ============= =======================
911431-000 Fontenot, Amay Jr. Sonat Exploration 12/4/93 598688 A-52/857
Company
=================== ======================================== ================================= ============= =======================
911439-000 Broussard, Anna Marie Sonat Exploration 12/17/93 598661 A-52/717
Spaetgens Company
=================== ======================================== ================================= ============= =======================
911441-000 Spaetgens, Anthony L. Sonat Exploration 12/17/93 598662 A-52/722
Company
=================== ======================================== ================================= ============= =======================
911453-001 Stefanski, J. Michael Sonat Exploration 5/7/96 624219 B54/278
Company
=================== ======================================== ================================= ============= =======================
911453-002 Barousse, Homer Ed, Jr. & Leon Sonat Exploration 5/7/96 624220 B-54/284
K. Poche Company
=================== ======================================== ================================= ============= =======================
911458-000 Morgan, Stella S. Sonat Exploration 12/17/93 598668 A-52/751
Company
=================== ======================================== ================================= ============= =======================
911460-000 Short, Cheryl S. Sonat Exploration 12/17/93 598667 A-52/746
Company
=================== ======================================== ================================= ============= =======================
911474-000 Benoit, Anna M. S. Sonat Exploration 12/17/93 598678 A-52/805
Company
=================== ======================================== ================================= ============= =======================
911475-000 Guidry, Susan S. Sonat Exploration 12/17/93 598677 A-52/800
Company
=================== ======================================== ================================= ============= =======================
911478-000 Caillier, Allie Agnes Spaetgens Sonat Exploration 12/17/93 598660 A-52/712
Company
=================== ======================================== ================================= ============= =======================
911484-000 Arceneaux, Luther H. et ux Sonat Exploration 4/19/96 623404 Z-53/978
Company
=================== ======================================== ================================= ============= =======================
911496-001 Duhon, Clarence J. et al Sonat Exploration 12/26/93 598666 A-52/741
Company
=================== ======================================== ================================= ============= =======================
911496-002 Derouen, Clementine T., et al Sonat Exploration 12/20/93 598687 A-52/850
Company
=================== ======================================== ================================= ============= =======================
911496-003 Trahan, Adam et al Sonat Exploration 12/22/93 598686 A-52/845
Company
=================== ======================================== ================================= ============= =======================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
LEASE NO. LESSOR / GRANTOR LESSEE / GRANTEE DATE RECORDING
=================== ======================================== ================================= ============= =======================
<S> <C> <C> <C> <C>
911496-005 Rogers, Brunella T., et al Sonat Exploration 1/16/94 598675 A-52/788
Company
=================== ======================================== ================================= ============= =======================
911531-000 Thevis, Ella Spaetgens Sonat Exploration 12/17/93 598670 A-52/762
Company
=================== ======================================== ================================= ============= =======================
911537-000 Soileaux, Mary S. Sonat Exploration 12/17/93 598679 A-52/810
Company
=================== ======================================== ================================= ============= =======================
911549-000-1 Stewart, Robert L. Jr. et al Sonat Exploration 12/18/94 599548 C-52/231
Company
=================== ======================================== ================================= ============= =======================
911549-000-2 McCorkle, Lottie Elizabeth Sonat Exploration 12/18/94 637625 A-55/698
Stewart Company
=================== ======================================== ================================= ============= =======================
911655-000 Quibodeaux, Alice R. et al Gary-Williams Production 10/20/95 619396 S-53/68
Co.
=================== ======================================== ================================= ============= =======================
911658-001 Trahan, Earline P. et al Sonat Exploration 3/18/96 623657 A-54/479
Company
=================== ======================================== ================================= ============= =======================
911662-000 Heinen, John A. Jr., et al Sonat Exploration 4/16/96 624337 B54/485
Company
=================== ======================================== ================================= ============= =======================
911677-001 Faulk, Roland R. & Betty Tipton Sonat Exploration 4/3/96
Faulk Company
=================== ======================================== ================================= ============= =======================
911677-002 Boullion,Maudrey Mae Leblanc, Sonat Exploration 4/3/96 624336 B 54/476
et al Company
=================== ======================================== ================================= ============= =======================
911677-003 Thibodeaux, Cecile Bouillion Sonat Exploration 4/3/96 626820 F-54/596
Company
=================== ======================================== ================================= ============= =======================
911677-004 Hoffpauir, Shawn Bouillion Sonat Exploration 4/3/96 626819 F-54/587
Company
=================== ======================================== ================================= ============= =======================
911693-001 Savoie, Lucien J. III et al Gary-Williams Production 11/8/95 619416 S-53/158
Co.
=================== ======================================== ================================= ============= =======================
911693-002 Premeaux, Dudley L. et al Gary-Williams Production 11/9/95 619417 S-53/164
Co.
=================== ======================================== ================================= ============= =======================
911693-003 Landry, Ewell V. et al Gary-Williams Production 11/13/95 619415 S-53/152
Co.
=================== ======================================== ================================= ============= =======================
911693-004 Landry, Ewell V. et al Gary-Williams Production 11/13/95 619412 S-53/136
Co.
=================== ======================================== ================================= ============= =======================
911693-005 Savoie, Hubert Gary-Williams Production 11/15/95 619393 S-53/51
Co.
=================== ======================================== ================================= ============= =======================
911693-006 Premeaux, Horace I. et ux Gary-Williams Production 11/17/95 619414 S-53/147
Co.
=================== ======================================== ================================= ============= =======================
911693-007 Stoneburge, Claudine S. Gary-Williams Production 11/22/95 619390 S-53/34
Co.
=================== ======================================== ================================= ============= =======================
911693-008 Williams, Frances F. Williams Gary-Williams Production 11/29/95 619389 S-53/29
Co.
=================== ======================================== ================================= ============= =======================
911693-009 Simpson, Harry I. Gary-Williams Production 11/17/95 620799 U-53/696
Co.
=================== ======================================== ================================= ============= =======================
911693-010 Fatch, Neada S. Gary-Williams Production 12/21/95 619388 S-53/24
Co.
=================== ======================================== ================================= ============= =======================
911773-000 Evans, Henrietta H. et al Gary-Williams Production 11/9/95 619403 S-53/104
Co.
=================== ======================================== ================================= ============= =======================
911809-000 Totten, Lois J. N. Sonat Exploration 3/30/93 597040 W-51/868
Company
=================== ======================================== ================================= ============= =======================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
LEASE NO. LESSOR / GRANTOR LESSEE / GRANTEE DATE RECORDING
=================== ======================================== ================================= ============= =======================
<S> <C> <C> <C> <C>
911856-001 HJH, Inc. et al Sonat Exploration 5/7/96 626817 F-54/565
Company
=================== ======================================== ================================= ============= =======================
911856-002 Habetz, Roderick Leonard, et al Sonat Exploration 5/7/96 626818 F-54/577
Company
=================== ======================================== ================================= ============= =======================
911866-000 Reiners, Peter J., et ux L. J. Jones 5/11/33 B-5/156
=================== ======================================== ================================= ============= =======================
911870-001 Stakes, Isadore Lee, et al Humble Oil & Refining 8/19/63 339281 A-23/450
=================== ======================================== ================================= ============= =======================
911870-002 Stakes, J. B., et ux L. J. Jones 5/11/33 107869 B-53/159
=================== ======================================== ================================= ============= =======================
911876-000 Thevis, Leonard G. et al Sonat Exploration 5/28/96 624819 C-54/298
Company
=================== ======================================== ================================= ============= =======================
911879-000 Thevis, Betty et al Sonat Exploration 5/28/96 684820 C54/306
Company
=================== ======================================== ================================= ============= =======================
911883-000 Leonards, Leonard L., et ux Sonat Exploration 3/29/96 624485 B54/808
Company
=================== ======================================== ================================= ============= =======================
911891-001 Ohlenforst, Anton L. J. Jones 5/11/33 B-5/157
=================== ======================================== ================================= ============= =======================
911899-000 Robinson, Reece, et al Ernest R. Magruder 11/27/68 A-23/450
=================== ======================================== ================================= ============= =======================
911923-000 Thevis, H. Joe I. R. Price 6/2/33 D-5/63
=================== ======================================== ================================= ============= =======================
911936-000 Federal Land Bank of New I. R. Price 1/28/33 Y-4/233
Orleans
=================== ======================================== ================================= ============= =======================
911958-000 Kapsinow, Sadie Kaet, et al Exxon Corporation 9/15/80 O-38/808
=================== ======================================== ================================= ============= =======================
912021-000 Thibodeaux, Adam Paul, et ux Sonat Exploration 3/18/93 597039 W51/864
Company
=================== ======================================== ================================= ============= =======================
912031-000 Berken Estate, Inc. Sonat Exploration 1/19/94 631509 P-54/600
Company
=================== ======================================== ================================= ============= =======================
912035-000 Credeur, Mayo et ux Sonat Exploration 1/3/94 631508 P-54/598
Company
=================== ======================================== ================================= ============= =======================
912036-000-1 Klumpp, R. C., et ux Sonat Exploration 1/23/95 612409 D-53/767
Company
=================== ======================================== ================================= ============= =======================
912036-000-2 Stickley, Cynthia Klumpp Sonat Exploration 3/23/97 636685 Y-54/892
Company
=================== ======================================== ================================= ============= =======================
912121-000 Sloan, F. J. Sonat Exploration 6/7/96 624951 C-54/498
Company
=================== ======================================== ================================= ============= =======================
912123-000 Zaunbrecher, Eugene N. Sonat Exploration 6/7/96 624953 C-54/508
Company
=================== ======================================== ================================= ============= =======================
912124-001 Vondenstein, John et al Sonat Exploration 5/29/96 624823 C-54/319
Company
=================== ======================================== ================================= ============= =======================
912124-002 Fontenot, Mary V. Sonat Exploration 5/29/96 625809 E-54/38
Company
=================== ======================================== ================================= ============= =======================
912213-001 Vondenstein, John et al Sonat Exploration 5/29/96 624822 C-54/312
Company
=================== ======================================== ================================= ============= =======================
912213-002 Fontenot, Mary V. Sonat Exploration 5/29/96 624950 C-54/491
Company
=================== ======================================== ================================= ============= =======================
912216-000 Sloan, Michael W. Sonat Exploration 6/10/96 625808 G-54/34
Company
=================== ======================================== ================================= ============= =======================
912217-001 Prather, Cephronia T. Sonat Exploration 2/11/96 622903 Y-53/446
Company
=================== ======================================== ================================= ============= =======================
912243-001 Samson,Martin F., M.D., et al Sonat Exploration 6/26/96 626811 F-54/548
Company
=================== ======================================== ================================= ============= =======================
912243-002 Martin, Clarence L. Sonat Exploration 6/26/96 626812 F-54/551
Company
=================== ======================================== ================================= ============= =======================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
LEASE NO. LESSOR / GRANTOR LESSEE / GRANTEE DATE RECORDING
=================== ======================================== ================================= ============= =======================
<S> <C> <C> <C> <C>
912243-003 Dionne, Lucille Martin Sonat Exploration 6/26/96 626814 F-54/557
Company
=================== ======================================== ================================= ============= =======================
912243-004 Daigle, Clara C. Martin Sonat Exploration 6/26/96 626813 F-54/554
Company
=================== ======================================== ================================= ============= =======================
912243-005 Martin, Grady Ken Sonat Exploration 6/26/96 626815 F-54/560
Company
=================== ======================================== ================================= ============= =======================
912243-006 Davis, Elizabeth Milliken Sonat Exploration 6/26/96 627308 G-54/297
Company
=================== ======================================== ================================= ============= =======================
912243-007 Milliken, Frank M. Sonat Exploration 6/26/96 627310 G-54/306
Company
=================== ======================================== ================================= ============= =======================
912243-008 Samson, Dr. Clarence L.M. Sonat Exploration 6/26/96 627311 G-54/309
Company
=================== ======================================== ================================= ============= =======================
912300-000 Hoffpauir, Verbena S. Sonat Exploration 3/25/94 632399 R-54/192
Company
=================== ======================================== ================================= ============= =======================
912301-000 Coleman, Neldia L. Sonat Exploration 3/25/94 632400 R-54/194
Company
=================== ======================================== ================================= ============= =======================
912303-001 Simon, Mella L. et al Sonat Exploration 3/25/94 634446 V-54/179
Company
=================== ======================================== ================================= ============= =======================
912303-002 Hoffpauir, Verbena Simon Sonat Exploration 2/20/97 V-54/224
Company
=================== ======================================== ================================= ============= =======================
912304-000 LeBlanc, Willis Sonat Exploration 3/25/94 632405 R-54/204
Company
=================== ======================================== ================================= ============= =======================
912305-000 Simon, Jerald R. et ux Sonat Exploration 3/25/94 632401 R-54/196
Company
=================== ======================================== ================================= ============= =======================
912308-000 Simon, Mella L. Sonat Exploration 3/25/94 632402 R-54/198
Company
=================== ======================================== ================================= ============= =======================
912310-000 Coleman, Leroy et ux Sonat Exploration 3/25/94 599560 C-52/299
Company
=================== ======================================== ================================= ============= =======================
912312-000 Simon, Cesar Jr. et ux Sonat Exploration 3/25/94 632404 R-54/202
Company
=================== ======================================== ================================= ============= =======================
912318-000 Faul, Constance Sonat Exploration 3/3/94 634435 V-54/135
Company
=================== ======================================== ================================= ============= =======================
912320-001 Minnique, Robert Jr. et al Sonat Exploration 6/20/96 625805 E-54/25
Company
=================== ======================================== ================================= ============= =======================
912320-002 Williams, Cynthia Sonat Exploration 6/20/96 625804 E-54/20
Company
=================== ======================================== ================================= ============= =======================
912320-003 Perkins, Hazel et al Sonat Exploration 6/20/96 626844 F-54/640
Company
=================== ======================================== ================================= ============= =======================
912320-004 Miller, Walter Jr. et al Sonat Exploration 6/20/96 626623 F-54/312
Company
=================== ======================================== ================================= ============= =======================
912320-005 Minix, Albert Sonat Exploration 6/20/96 626619 F-54/298
Company
=================== ======================================== ================================= ============= =======================
912320-006 Wicker, John Sonat Exploration 6/20/96 W-54
Company
=================== ======================================== ================================= ============= =======================
912320-007 Byers, Harold Sonat Exploration 9/22/96 W-54
Company
=================== ======================================== ================================= ============= =======================
912320-008 Byers, Donald Ray Sonat Exploration 12/6/97 644600 P-55/343
Company
=================== ======================================== ================================= ============= =======================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
LEASE NO. LESSOR / GRANTOR LESSEE / GRANTEE DATE RECORDING
=================== ======================================== ================================= ============= =======================
<S> <C> <C> <C> <C>
912325-000 Richard, Victoria C. Sonat Exploration 3/3/94 634461 V-54/210
Company
=================== ======================================== ================================= ============= =======================
912326-000 Credeur, Victor Sonat Exploration 3/3/94 598682 A-52/824
Company
=================== ======================================== ================================= ============= =======================
912327-000 Credeur, Mayeuse Sonat Exploration 3/3/94 631511 P-54/605
Company
=================== ======================================== ================================= ============= =======================
912696-001 McClelland, Hope M., et al Sonat Exploration 3/30/93 597041 W-51/873
Company
=================== ======================================== ================================= ============= =======================
912696-002 McCelland, Howard A. Sonat Exploration 3/31/93 596996 W-51/607
Company
=================== ======================================== ================================= ============= =======================
913469-000 Gary, Trudy F. Z. Sonat Exploration 9/23/96 628568 I-54/877
Company
=================== ======================================== ================================= ============= =======================
913472-000 Quibodeaux, Alice R. Sonat Exploration 10/7/96 628567I-54/873
Company
=================== ======================================== ================================= ============= =======================
913481-001 Clark,Ethel Kibodeaux, et al Sonat Exploration 7/15/96 627309 G-54/300
Company
=================== ======================================== ================================= ============= =======================
913815-001 Griffith, Ella M. T. Sonat Exploration 10/15/96 W-51/612
Company
=================== ======================================== ================================= ============= =======================
913815-002 Griffin, Elizabeth T. Sonat Exploration 10/15/96 598672 A52/773
Company
=================== ======================================== ================================= ============= =======================
915238-000 Spaetgens, Darla K. Sonat Exploration 1/15/97 631865 Q-54/443
Company
=================== ======================================== ================================= ============= =======================
915239-000 Zaunbrecher, Jana L. S. Sonat Exploration 1/15/97 631867 Q-54/453
Company
=================== ======================================== ================================= ============= =======================
915242-000 Zaunbrecher, Sherry G. S. Sonat Exploration 1/15/97 631866 Q-54/448
Company
=================== ======================================== ================================= ============= =======================
915243-000 Spaetgens, Lawrence A. Jr. Sonat Exploration 1/15/97 631868 Q-54/458
Company
=================== ======================================== ================================= ============= =======================
915244-000 Spaetgens, Lawrence Jr. et al Sonat Exploration 1/15/97 631864 Q-54/437
Company
=================== ======================================== ================================= ============= =======================
1000195-000 Spaetgens, W. Leo et ux Sonat Exploration 2/7/97 598669 A-52/756
Company
=================== ======================================== ================================= ============= =======================
1000197-000 Spaetgens, Michael John et ux Sonat Exploration 1/23/97 631869 Q-54/463
Company
=================== ======================================== ================================= ============= =======================
1000199-000 Spaetgens, Bertha Ewing et al Sonat Exploration 1/23/97 633500 T-54/420
Company
=================== ======================================== ================================= ============= =======================
1001598-000 5-H Farms, Inc. Sonat Exploration 2/28/97 V-54/242
Company
=================== ======================================== ================================= ============= =======================
1001603-000 Laidlaw Environmental Sonat Exploration 2/24/97 634471 V-54/242
Services, Inc. Company
=================== ======================================== ================================= ============= =======================
1001605-000 Ancelet, Polycarpe Sonat Exploration 5/9/97 636683 Y-54/882
Company
=================== ======================================== ================================= ============= =======================
1001606-000 Lavergne, Marjorie Ancelet Sonat Exploration 5/17/97 Y-54/887
Company
=================== ======================================== ================================= ============= =======================
1001613-000 Habetz, Leonard Paul, et al Sonat Exploration 12/1/96 T-57/404
Company
=================== ======================================== ================================= ============= =======================
1004504-000 Pormier, Lucille Laughlin, et vir Sonat Exploration 6/2/97 636686 Y-54/894
Company
=================== ======================================== ================================= ============= =======================
1004595-000 Habetz, Charles Joseph, et ux Sonat Exploration 3/7/97 637621 A-55/687
Company
=================== ======================================== ================================= ============= =======================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
LEASE NO. LESSOR / GRANTOR LESSEE / GRANTEE DATE RECORDING
=================== ======================================== ================================= ============= =======================
<S> <C> <C> <C> <C>
1004600-001 Habetz, Charles J., et al Sonat Exploration 3/7/97 639262 E-55/462
Company
=================== ======================================== ================================= ============= =======================
1004600-002 Barlow, Alberta Habetz Sonat Exploration 3/7/97 639263 E-55/476
Company
=================== ======================================== ================================= ============= =======================
1004600-003 Habetz, Ashley Aline, a minor Sonat Exploration 3/7/97 641716 J-55/763
child Company
=================== ======================================== ================================= ============= =======================
1004604-000 McFadden, Juanita James/WAS Sonat Exploration 5/23/97 636687 Y-54/899
Davis, Pearl Ratliff Company
=================== ======================================== ================================= ============= =======================
1005368-001 HJH, Inc., et al Sonat Exploration 6/24/96 641464 J-55/111
Company memo
=================== ======================================== ================================= ============= =======================
1005368-002 Habetz, James Leonard, Sr. Sonat Exploration 6/24/96 641465 J-55/128
Succession of Company memo
=================== ======================================== ================================= ============= =======================
1005368-003 Habetz, Pauline M. Sonat Exploration 6/24/96 641468 J-55/173
Company memo
=================== ======================================== ================================= ============= =======================
1005368-004 Barlow, Alberta Habetz Sonat Exploration 6/24/96 641467 J-55/159
Company memo
=================== ======================================== ================================= ============= =======================
1005368-005 Habetz, Ashley Aline a minor Sonat Exploration 6/24/96 641466 J-55/142
child Company memo
=================== ======================================== ================================= ============= =======================
1006251-000 Edwards Trust, The Sonat Exploration 1/20/98 644602 P-55/352
Company
=================== ======================================== ================================= ============= =======================
1006349-000 Byers, Donald Ray Sonat Exploration 12/6/97 644600 P55/343
Company
=================== ======================================== ================================= ============= =======================
1006408-000 Ancelet, Louis W., et ux Sonat Exploration 3/12/98 646454 S-55/476
Company
=================== ======================================== ================================= ============= =======================
1006409-000 Premeaux, Dudley L., et ux Sonat Exploration 3/12/98 646453 S-55/471
Company
=================== ======================================== ================================= ============= =======================
1006410-000 Earles, Richard Dennis, et ux Sonat Exploration 3/12/98 646451 S-55/467
Company
=================== ======================================== ================================= ============= =======================
1006419-000 Taylor, Stephen Keith, et al Sonat Exploration 1/21/98 644601 P-55/345
Company
=================== ======================================== ================================= ============= =======================
1006736-001 Olivier, Kevin Paul Sonat Exploration 3/12/98 646452 S-55/469
Company
=================== ======================================== ================================= ============= =======================
LA5000-01 Gary-Williams Production Co.
=================== ======================================== ================================= ============= =======================
LA5000-02 Gary-Williams Production Co.
=================== ======================================== ================================= ============= =======================
LA5001-01 Gary-Williams Production Co. O-6/543
=================== ======================================== ================================= ============= =======================
LA5001-02 Gary-Williams Production Co. O-6/543
=================== ======================================== ================================= ============= =======================
LA5002A-01 Gary-Williams Production Co. P-6/605
=================== ======================================== ================================= ============= =======================
LA5002A-02 Gary-Williams Production Co. P-6/605
=================== ======================================== ================================= ============= =======================
LA5002A-03 Gary-Williams Production Co. P-6/605
=================== ======================================== ================================= ============= =======================
LA5002A-04 Gary-Williams Production Co. P-6/605
=================== ======================================== ================================= ============= =======================
LA5002A-05 Gary-Williams Production Co. P-6/605
=================== ======================================== ================================= ============= =======================
LA5002A-06 Gary-Williams Production Co. P-6/605
=================== ======================================== ================================= ============= =======================
LA5002B-01 Gary-Williams Production Co. 158292 P-6/521
=================== ======================================== ================================= ============= =======================
LA5003-01 Gary-Williams Production Co. P-6/329
=================== ======================================== ================================= ============= =======================
LA5003-02 Gary-Williams Production Co. P-6/329
=================== ======================================== ================================= ============= =======================
LA5004-01 Gary-Williams Production Co. O-6/528
=================== ======================================== ================================= ============= =======================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
LEASE NO. LESSOR / GRANTOR LESSEE / GRANTEE DATE RECORDING
=================== ======================================== ================================= ============= =======================
<S> <C> <C> <C> <C>
LA5004-02 Gary-Williams Production Co. O-6/528
=================== ======================================== ================================= ============= =======================
LA5005A-01 Gary-Williams Production Co.
=================== ======================================== ================================= ============= =======================
LA5005A-02 Gary-Williams Production Co.
=================== ======================================== ================================= ============= =======================
LA5005B-01 Gary-Williams Production Co. W-41/554
=================== ======================================== ================================= ============= =======================
LA5005B-02 Gary-Williams Production Co. W-41/554
=================== ======================================== ================================= ============= =======================
LA5005C-01 Gary-Williams Production Co. W-41/849
=================== ======================================== ================================= ============= =======================
LA5005C-02 Gary-Williams Production Co. W-41/849
=================== ======================================== ================================= ============= =======================
LA5006-01 Gary-Williams Production Co. G-6/17
=================== ======================================== ================================= ============= =======================
LA5007-01 Gary-Williams Production Co. E-6/161
=================== ======================================== ================================= ============= =======================
LA5008A Gary-Williams Production Co. X-52/76
=================== ======================================== ================================= ============= =======================
LA5008AA Gary-Williams Production Co. E-53/139
=================== ======================================== ================================= ============= =======================
LA5008AB Gary-Williams Production Co. E-53/136
=================== ======================================== ================================= ============= =======================
LA5008AC Gary-Williams Production Co. J-53/672
=================== ======================================== ================================= ============= =======================
LA5008AD Gary-Williams Production Co. J-53/684
=================== ======================================== ================================= ============= =======================
LA5008AE Gary-Williams Production Co. J-53/684
=================== ======================================== ================================= ============= =======================
LA5008AF Gary-Williams Production Co. J-53/675
=================== ======================================== ================================= ============= =======================
LA5008AG Gary-Williams Production Co. J-53/675
=================== ======================================== ================================= ============= =======================
LA5008B Gary-Williams Production Co. X-52/79
=================== ======================================== ================================= ============= =======================
LA5008C Gary-Williams Production Co. X-52/82
=================== ======================================== ================================= ============= =======================
LA5008D Gary-Williams Production Co. X-52/88
=================== ======================================== ================================= ============= =======================
LA5008E Gary-Williams Production Co. X-52/91
=================== ======================================== ================================= ============= =======================
LA5008F Gary-Williams Production Co. X-52/94
=================== ======================================== ================================= ============= =======================
LA5008G Gary-Williams Production Co. X-52/100
=================== ======================================== ================================= ============= =======================
LA5008H Gary-Williams Production Co. X-52/103
=================== ======================================== ================================= ============= =======================
LA5008I Gary-Williams Production Co. X-52/106
=================== ======================================== ================================= ============= =======================
LA5008J Gary-Williams Production Co. X-52/73
=================== ======================================== ================================= ============= =======================
LA5008K Gary-Williams Production Co. C-53/618
=================== ======================================== ================================= ============= =======================
LA5008L Gary-Williams Production Co. X-52/397
=================== ======================================== ================================= ============= =======================
LA5008M Gary-Williams Production Co. C-52/624
=================== ======================================== ================================= ============= =======================
LA5008N Gary-Williams Production Co. X-52/85
=================== ======================================== ================================= ============= =======================
LA5008O Gary-Williams Production Co. C-53/615
=================== ======================================== ================================= ============= =======================
LA5008P Gary-Williams Production Co. C-53/630
=================== ======================================== ================================= ============= =======================
LA5008Q Gary-Williams Production Co. C-53/636
=================== ======================================== ================================= ============= =======================
LA5008R Gary-Williams Production Co. C-53/627
=================== ======================================== ================================= ============= =======================
LA5008S Gary-Williams Production Co. C-53/633
=================== ======================================== ================================= ============= =======================
LA5008T Gary-Williams Production Co. C-53/621
=================== ======================================== ================================= ============= =======================
LA5008U Gary-Williams Production Co. D-53/390
=================== ======================================== ================================= ============= =======================
LA5008V Gary-Williams Production Co. D-53/381
=================== ======================================== ================================= ============= =======================
LA5008W Gary-Williams Production Co. D-53/387
=================== ======================================== ================================= ============= =======================
LA5008X Gary-Williams Production Co. D-53/378
=================== ======================================== ================================= ============= =======================
LA5008Y Gary-Williams Production Co. D-53/384
=================== ======================================== ================================= ============= =======================
LA5008Z Gary-Williams Production Co. D-53/375
=================== ======================================== ================================= ============= =======================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
LEASE NO. LESSOR / GRANTOR LESSEE / GRANTEE DATE RECORDING
=================== ======================================== ================================= ============= =======================
<S> <C> <C> <C> <C>
# not Olivier, Frances M. et al Sonat Exploration 35293 not available
available 02 Company
=================== ======================================== ================================= ============= =======================
# not Taylor, Leon O. Sonat Exploration 35293 not available
available 03 Company
=================== ======================================== ================================= ============= =======================
# not Taylor, Ola Mae Hebert, Sonat Exploration 35293 not available
available 04 usufructuary, et al Company
=================== ======================================== ================================= ============= =======================
# not Griffith, Ella Marie Taylor, et al Sonat Exploration 35293 not available
available 05 Company
=================== ======================================== ================================= ============= =======================
# not Hornsby, Jo Ann Carter, Sonat Exploration 35334 not available
available 06 usufructuary, et al Company
=================== ======================================== ================================= ============= =======================
# not Hornsby, Wava Stakes Sonat Exploration 35293 not available
available 07 Company
=================== ======================================== ================================= ============= =======================
# not Meche, Robin Carter Hornsby, Sonat Exploration 35293 not available
available 08 naked owner Company
=================== ======================================== ================================= ============= =======================
# not Meche, Robin Carter Hornsby Sonat Exploration 35293 not available
available 09 Company
=================== ======================================== ================================= ============= =======================
# not Hornsby, Wava Stakes Sonat Exploration 35361 not available
available 10 Company
=================== ======================================== ================================= ============= =======================
# not Hornsby, Jo Ann Carter, Sonat Exploration 35293 not available
available 11 usufructuary et al Company
=================== ======================================== ================================= ============= =======================
# not Meche, Robin Carter Hornsby, Sonat Exploration 35591 646325 S-55/199
available 12 naked owner Company
=================== ======================================== ================================= ============= =======================
# not Meche, Robin Carter Hornsby, Sonat Exploration 35591 646321 S-55/186
available 13 naked owner Company
=================== ======================================== ================================= ============= =======================
# not Meche, Robin Carter Hornsby, Sonat Exploration 35591 not available
available 14 naked owner Company
=================== ======================================== ================================= ============= =======================
# not Robinson, Leo J. et ux Sonat Exploration 35548 647053 T-55/440
available 15 Company
=================== ======================================== ================================= ============= =======================
# not Stakes, Alan Dale Sonat Exploration 35647 646319 S-55/178
available 16 Company
=================== ======================================== ================================= ============= =======================
# not Stakes, Alan Dale Sonat Exploration 35546 646327 S-55/207
available 17 Company
=================== ======================================== ================================= ============= =======================
# not Woolman, Earl Leroy Sonat Exploration 35522 646329 S-55/215
available 18 Company
=================== ======================================== ================================= ============= =======================
# not Woolman, Earl Leroy Sonat Exploration 35636 646328 S-55/211
available 19 Company
=================== ======================================== ================================= ============= =======================
# not Faulk, Pauline Martha et al Sonat Exploration 35590 not available
available 20 Company
=================== ======================================== ================================= ============= =======================
# not Faulk, Pauline Martha et al Sonat Exploration 35590 646335 S-55/241
available 21 Company
=================== ======================================== ================================= ============= =======================
# not Tipton, Linda Lee Sonat Exploration 35545 646320 S-55/182
available 23 Company
=================== ======================================== ================================= ============= =======================
# not Tipton, Linda Lee Sonat Exploration 35635 648104 V-55/242
available 24 Company
=================== ======================================== ================================= ============= =======================
# not Thevis, Lionel E. Sonat Exploration 35490 not available
available 25 Company
=================== ======================================== ================================= ============= =======================
# not Thevis, Lionel E. Sonat Exploration 35627 638592 D-55/31
available 26 Company
=================== ======================================== ================================= ============= =======================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
LEASE NO. LESSOR / GRANTOR LESSEE / GRANTEE DATE RECORDING
=================== ======================================== ================================= ============= =======================
<S> <C> <C> <C> <C>
# not Olivier, Frances M. et al Sonat Exploration 35293 not available
available 02 Company
=================== ======================================== ================================= ============= =======================
# not Taylor, Leon O. Sonat Exploration 35293 not available
available 03 Company
=================== ======================================== ================================= ============= =======================
# not Taylor, Ola Mae Hebert, Sonat Exploration 35293 not available
available 04 usufructuary, et al Company
=================== ======================================== ================================= ============= =======================
# not Griffith, Ella Marie Taylor, et al Sonat Exploration 35293 not available
available 05 Company
=================== ======================================== ================================= ============= =======================
# not Hornsby, Jo Ann Carter, Sonat Exploration 35334 not available
available 06 usufructuary, et al Company
=================== ======================================== ================================= ============= =======================
# not Hornsby, Wava Stakes Sonat Exploration 35293 not available
available 07 Company
=================== ======================================== ================================= ============= =======================
# not Meche, Robin Carter Hornsby, Sonat Exploration 35293 not available
available 08 naked owner Company
=================== ======================================== ================================= ============= =======================
# not Meche, Robin Carter Hornsby Sonat Exploration 35293 not available
available 09 Company
=================== ======================================== ================================= ============= =======================
# not Hornsby, Wava Stakes Sonat Exploration 35361 not available
available 10 Company
=================== ======================================== ================================= ============= =======================
# not Hornsby, Jo Ann Carter, Sonat Exploration 35293 not available
available 11 usufructuary et al Company
=================== ======================================== ================================= ============= =======================
# not Meche, Robin Carter Hornsby, Sonat Exploration 35591 646325 S-55/199
available 12 naked owner Company
=================== ======================================== ================================= ============= =======================
# not Meche, Robin Carter Hornsby, Sonat Exploration 35591 646321 S-55/186
available 13 naked owner Company
=================== ======================================== ================================= ============= =======================
# not Meche, Robin Carter Hornsby, Sonat Exploration 35591 not available
available 14 naked owner Company
=================== ======================================== ================================= ============= =======================
# not Robinson, Leo J. et ux Sonat Exploration 35548 647053 T-55/440
available 15 Company
=================== ======================================== ================================= ============= =======================
# not Stakes, Alan Dale Sonat Exploration 35647 646319 S-55/178
available 16 Company
=================== ======================================== ================================= ============= =======================
# not Stakes, Alan Dale Sonat Exploration 35546 646327 S-55/207
available 17 Company
=================== ======================================== ================================= ============= =======================
# not Woolman, Earl Leroy Sonat Exploration 35522 646329 S-55/215
available 18 Company
=================== ======================================== ================================= ============= =======================
# not Woolman, Earl Leroy Sonat Exploration 35636 646328 S-55/211
available 19 Company
=================== ======================================== ================================= ============= =======================
=================== ======================================== ================================= ============= =======================
# not Duhon, Jeffery L. Sonat Exploration 35293 not available
available 28 Company
=================== ======================================== ================================= ============= =======================
# not Taylor, Ola Mae Hebert, Sonat Exploration 35340 not available
available 29 usufructuary, et al Company
=================== ======================================== ================================= ============= =======================
910501-000 Hoffpauir, Juliana O. et al Gary-Williams Production 34430 599969 D-52/72
Co.
=================== ======================================== ================================= ============= =======================
910774-000 Williams, Floyd Exxon Corporation 32619 555883 D-48/650
=================== ======================================== ================================= ============= =======================
910776-000 Williams, Frederick C., et al Humble Oil and Refining 4/1/46 193305 I-8/17
=================== ======================================== ================================= ============= =======================
910876-000 Habetz, Anna C. et al Exxon 30834 509336 U-42/138
=================== ======================================== ================================= ============= =======================
911436-000 Thevis, Marie O., et al Humble Oil & Refining 16779 191509 H-8/244
=================== ======================================== ================================= ============= =======================
911481-000 Thevis, H. Joe Humble Oil & Refining 16528 191508 C-8/428
=================== ======================================== ================================= ============= =======================
912127-000 Duhon, Bettie Rae Stakes, Sonat Exploration 35236 not available
usufructuary et al Company
=================== ======================================== ================================= ============= =======================
912129-000 Thevis, Edward et al Sonat Exploration 6/20/96 625057 C-54/725
Company
=================== ======================================== ================================= ============= =======================
912133-000 Thevis, Lionel E. Sonat Exploration 3/14/96 622593 Y-53/113
Company
=================== ======================================== ================================= ============= =======================
912134-000 Zaunbrecher, Rose Marie Sonat Exploration 5/8/96 not available
Reiners Company
=================== ======================================== ================================= ============= =======================
912443-000 Thevis, Edward Sonat Exploration 4/3/96 not available
Company
=================== ======================================== ================================= ============= =======================
912897-000 Stakes, Annie Richard, Sonat Exploration 35293 not available
usufructuary, et al Company
=================== ======================================== ================================= ============= =======================
912902-000 Stakes, Mayonie S., Sonat Exploration 35293 not available
usufructuary (deceased), et al Company
=================== ======================================== ================================= ============= =======================
913076-000 Faulk, Pauline Martha et al Sonat Exploration 35296 not available
Company
=================== ======================================== ================================= ============= =======================
913078-000 Duhon, Bettie Rae Stakes, Sonat Exploration 35293 not available
usufructuary et al Company
=================== ======================================== ================================= ============= =======================
913082-000 Duncan, George Carwin, et al Sonat Exploration 35296 not available
Company
=================== ======================================== ================================= ============= =======================
1001601-000 Thevis, Ferdinand J. et al Sonat Exploration 2/28/97 V-54/233
Company
=================== ======================================== ================================= ============= =======================
1004512-000 C.B.R. Partnership/Cheryl P. Sonat Exploration 35523 not available
York Company
=================== ======================================== ================================= ============= =======================
1004517-000 C.B.R. Partnership/Cheryl P. Sonat Exploration 35523 647052 T-55/436
York Company
=================== ======================================== ================================= ============= =======================
1004518-000 C.B.R. Partnership/Cheryl P. Sonat Exploration 35523 647054 T-55/444
York Company
=================== ======================================== ================================= ============= =======================
1004520-000 Prather, William N. Sr., et ux Sonat Exploration 35508 not available
Company
=================== ======================================== ================================= ============= =======================
1004521-000 Prather, William N. Sr., et ux Sonat Exploration 35508 not available
Company
=================== ======================================== ================================= ============= =======================
1004522-000 Prather, William N. Sr., et ux Sonat Exploration 35508 not available
Company
=================== ======================================== ================================= ============= =======================
1004523-000 Hornsby, Jo Ann Carter, Sonat Exploration 35517 646336 S-55/246
usufructuary, et al Company
=================== ======================================== ================================= ============= =======================
1004524-000 Hornsby, Jo Ann Carter, Sonat Exploration 35517 646334 S-55/236
usufructuary, et al Company
=================== ======================================== ================================= ============= =======================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
LEASE NO. LESSOR / GRANTOR LESSEE / GRANTEE DATE RECORDING
=================== ======================================== ================================= ============= =======================
<S> <C> <C> <C> <C>
# not Olivier, Frances M. et al Sonat Exploration 35293 not available
available 02 Company
=================== ======================================== ================================= ============= =======================
# not Taylor, Leon O. Sonat Exploration 35293 not available
available 03 Company
=================== ======================================== ================================= ============= =======================
# not Taylor, Ola Mae Hebert, Sonat Exploration 35293 not available
available 04 usufructuary, et al Company
=================== ======================================== ================================= ============= =======================
# not Griffith, Ella Marie Taylor, et al Sonat Exploration 35293 not available
available 05 Company
=================== ======================================== ================================= ============= =======================
# not Hornsby, Jo Ann Carter, Sonat Exploration 35334 not available
available 06 usufructuary, et al Company
=================== ======================================== ================================= ============= =======================
# not Hornsby, Wava Stakes Sonat Exploration 35293 not available
available 07 Company
=================== ======================================== ================================= ============= =======================
# not Meche, Robin Carter Hornsby, Sonat Exploration 35293 not available
available 08 naked owner Company
=================== ======================================== ================================= ============= =======================
# not Meche, Robin Carter Hornsby Sonat Exploration 35293 not available
available 09 Company
=================== ======================================== ================================= ============= =======================
# not Hornsby, Wava Stakes Sonat Exploration 35361 not available
available 10 Company
=================== ======================================== ================================= ============= =======================
# not Hornsby, Jo Ann Carter, Sonat Exploration 35293 not available
available 11 usufructuary et al Company
=================== ======================================== ================================= ============= =======================
# not Meche, Robin Carter Hornsby, Sonat Exploration 35591 646325 S-55/199
available 12 naked owner Company
=================== ======================================== ================================= ============= =======================
# not Meche, Robin Carter Hornsby, Sonat Exploration 35591 646321 S-55/186
available 13 naked owner Company
=================== ======================================== ================================= ============= =======================
# not Meche, Robin Carter Hornsby, Sonat Exploration 35591 not available
available 14 naked owner Company
=================== ======================================== ================================= ============= =======================
# not Robinson, Leo J. et ux Sonat Exploration 35548 647053 T-55/440
available 15 Company
=================== ======================================== ================================= ============= =======================
# not Stakes, Alan Dale Sonat Exploration 35647 646319 S-55/178
available 16 Company
=================== ======================================== ================================= ============= =======================
# not Stakes, Alan Dale Sonat Exploration 35546 646327 S-55/207
available 17 Company
=================== ======================================== ================================= ============= =======================
# not Woolman, Earl Leroy Sonat Exploration 35522 646329 S-55/215
available 18 Company
=================== ======================================== ================================= ============= =======================
# not Woolman, Earl Leroy Sonat Exploration 35636 646328 S-55/211
available 19 Company
=================== ======================================== ================================= ============= =======================
=================== ======================================== ================================= ============= =======================
# not Duhon, Jeffery L. Sonat Exploration 35293 not available
available 28 Company
=================== ======================================== ================================= ============= =======================
# not Taylor, Ola Mae Hebert, Sonat Exploration 35340 not available
available 29 usufructuary, et al Company
=================== ======================================== ================================= ============= =======================
910501-000 Hoffpauir, Juliana O. et al Gary-Williams Production 34430 599969 D-52/72
Co.
=================== ======================================== ================================= ============= =======================
910774-000 Williams, Floyd Exxon Corporation 32619 555883 D-48/650
=================== ======================================== ================================= ============= =======================
910776-000 Williams, Frederick C., et al Humble Oil and Refining 4/1/46 193305 I-8/17
=================== ======================================== ================================= ============= =======================
910876-000 Habetz, Anna C. et al Exxon 30834 509336 U-42/138
=================== ======================================== ================================= ============= =======================
911436-000 Thevis, Marie O., et al Humble Oil & Refining 16779 191509 H-8/244
=================== ======================================== ================================= ============= =======================
911481-000 Thevis, H. Joe Humble Oil & Refining 16528 191508 C-8/428
=================== ======================================== ================================= ============= =======================
912127-000 Duhon, Bettie Rae Stakes, Sonat Exploration 35236 not available
usufructuary et al Company
=================== ======================================== ================================= ============= =======================
912129-000 Thevis, Edward et al Sonat Exploration 6/20/96 625057 C-54/725
Company
=================== ======================================== ================================= ============= =======================
912133-000 Thevis, Lionel E. Sonat Exploration 3/14/96 622593 Y-53/113
Company
=================== ======================================== ================================= ============= =======================
912134-000 Zaunbrecher, Rose Marie Sonat Exploration 5/8/96 not available
Reiners Company
=================== ======================================== ================================= ============= =======================
912443-000 Thevis, Edward Sonat Exploration 4/3/96 not available
Company
=================== ======================================== ================================= ============= =======================
912897-000 Stakes, Annie Richard, Sonat Exploration 35293 not available
usufructuary, et al Company
=================== ======================================== ================================= ============= =======================
912902-000 Stakes, Mayonie S., Sonat Exploration 35293 not available
usufructuary (deceased), et al Company
=================== ======================================== ================================= ============= =======================
913076-000 Faulk, Pauline Martha et al Sonat Exploration 35296 not available
Company
=================== ======================================== ================================= ============= =======================
913078-000 Duhon, Bettie Rae Stakes, Sonat Exploration 35293 not available
usufructuary et al Company
=================== ======================================== ================================= ============= =======================
913082-000 Duncan, George Carwin, et al Sonat Exploration 35296 not available
Company
=================== ======================================== ================================= ============= =======================
1001601-000 Thevis, Ferdinand J. et al Sonat Exploration 2/28/97 V-54/233
Company
=================== ======================================== ================================= ============= =======================
1004512-000 C.B.R. Partnership/Cheryl P. Sonat Exploration 35523 not available
York Company
=================== ======================================== ================================= ============= =======================
1004517-000 C.B.R. Partnership/Cheryl P. Sonat Exploration 35523 647052 T-55/436
York Company
=================== ======================================== ================================= ============= =======================
1004518-000 C.B.R. Partnership/Cheryl P. Sonat Exploration 35523 647054 T-55/444
York Company
=================== ======================================== ================================= ============= =======================
1004520-000 Prather, William N. Sr., et ux Sonat Exploration 35508 not available
Company
=================== ======================================== ================================= ============= =======================
1004521-000 Prather, William N. Sr., et ux Sonat Exploration 35508 not available
Company
=================== ======================================== ================================= ============= =======================
1004522-000 Prather, William N. Sr., et ux Sonat Exploration 35508 not available
Company
=================== ======================================== ================================= ============= =======================
=================== ======================================== ================================= ============= =======================
1004527-000 Hornsby, Jo Ann Carter, Sonat Exploration 35517 646333 S-55/232
usufructuary, et al Company
=================== ======================================== ================================= ============= =======================
1004529-000 Meyers, Henry L. Sonat Exploration 35517 not available
Company
=================== ======================================== ================================= ============= =======================
1004531-000 Meyers, Conrad J. Sonat Exploration 35689 not recorded
Company
=================== ======================================== ================================= ============= =======================
1004533-000 Meyers, Henry L. Sonat Exploration 35689 not recorded
Company
=================== ======================================== ================================= ============= =======================
1004557-000 Stakes, Annie Richard et al Sonat Exploration 35508 not available
Company
=================== ======================================== ================================= ============= =======================
1004559-000 Stakes, Annie Richard et al Sonat Exploration 35508 not available
Company
=================== ======================================== ================================= ============= =======================
1004560-000 Stakes, Annie Richard et al Sonat Exploration 35508 not available
Company
=================== ======================================== ================================= ============= =======================
1004564-000 C.B.R. Partnership/J. Randall Sonat Exploration 35586 not available
Prather Company
=================== ======================================== ================================= ============= =======================
1004566-000 C.B.R. Partnership/J. Randall Sonat Exploration 35586 646331 S-55/224
Prather Company
=================== ======================================== ================================= ============= =======================
1004567-000 C.B.R. Partnership/J. Randall Sonat Exploration 35586 646326 S-55/203
Prather Company
=================== ======================================== ================================= ============= =======================
1004568-000 C.B.R. Partnership/William N. Sonat Exploration 35508 not available
Prather, Jr. Company
=================== ======================================== ================================= ============= =======================
1004570-000 C.B.R. Partnership/William N. Sonat Exploration 35508 646330 S-55/220
Prather, Jr. Company
=================== ======================================== ================================= ============= =======================
1004572-000 C.B.R. Partnership/William N. Sonat Exploration 35508 646332 S-55/228
Prather, Jr. Company
=================== ======================================== ================================= ============= =======================
1004577-000 C.B.R. Partnership Sonat Exploration 35565 638157 B-55/647
Company
=================== ======================================== ================================= ============= =======================
1004578-000 Prather, William N. Sr., et ux Sonat Exploration 35592 not available
Company
=================== ======================================== ================================= ============= =======================
1004581-000 Prather, William N. Sonat Exploration 35508 not available
Company
=================== ======================================== ================================= ============= =======================
1004582-000 Prather, William N. Sonat Exploration 35592 not available
Company
=================== ======================================== ================================= ============= =======================
1004586-000 Thevis, James T. Sr. Sonat Exploration 35590 638158 B-55/650
Company
=================== ======================================== ================================= ============= =======================
1004588-000 C.B.R. Partnership Sonat Exploration 35565 638156 B-55/644
Company
=================== ======================================== ================================= ============= =======================
1004589-000 C.B.R. Partnership Sonat Exploration 35565 638155 B-55/641
Company
=================== ======================================== ================================= ============= =======================
1004590-000 Ohlenforst, John F. Sonat Exploration 35580 not available
Company
=================== ======================================== ================================= ============= =======================
1004593-000 Habetz, Rita V. Ohlenforst Sonat Exploration 35611 638593 D-55/34
Company
=================== ======================================== ================================= ============= =======================
1004601-000 Thevis, Ferdinand J. et al Sonat Exploration 35488 not available
Company
=================== ======================================== ================================= ============= =======================
1004859-000 C.B.R. Partnership/William N. Sonat Exploration 35689 not recorded
Prather, Jr. Company
=================== ======================================== ================================= ============= =======================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
LEASE NO. LESSOR / GRANTOR LESSEE / GRANTEE DATE RECORDING
=================== ======================================== ================================= ============= =======================
<S> <C> <C> <C> <C>
1004589-000 C.B.R. Partnership Sonat Exploration 35565 638155 B-55/641
Company
=================== ======================================== ================================= ============= =======================
1004590-000 Ohlenforst, John F. Sonat Exploration 35580 not available
Company
=================== ======================================== ================================= ============= =======================
# not Hornsby, Jo Ann Carter, Sonat Exploration 35334 not available
available 06 usufructuary, et al Company
=================== ======================================== ================================= ============= =======================
# not Hornsby, Wava Stakes Sonat Exploration 35293 not available
available 07 Company
=================== ======================================== ================================= ============= =======================
# not Meche, Robin Carter Hornsby, Sonat Exploration 35293 not available
available 08 naked owner Company
=================== ======================================== ================================= ============= =======================
# not Meche, Robin Carter Hornsby Sonat Exploration 35293 not available
available 09 Company
=================== ======================================== ================================= ============= =======================
# not Hornsby, Wava Stakes Sonat Exploration 35361 not available
available 10 Company
=================== ======================================== ================================= ============= =======================
# not Hornsby, Jo Ann Carter, Sonat Exploration 35293 not available
available 11 usufructuary et al Company
=================== ======================================== ================================= ============= =======================
# not Meche, Robin Carter Hornsby, Sonat Exploration 35591 646325 S-55/199
available 12 naked owner Company
=================== ======================================== ================================= ============= =======================
# not Meche, Robin Carter Hornsby, Sonat Exploration 35591 646321 S-55/186
available 13 naked owner Company
=================== ======================================== ================================= ============= =======================
# not Meche, Robin Carter Hornsby, Sonat Exploration 35591 not available
available 14 naked owner Company
=================== ======================================== ================================= ============= =======================
# not Robinson, Leo J. et ux Sonat Exploration 35548 647053 T-55/440
available 15 Company
=================== ======================================== ================================= ============= =======================
# not Stakes, Alan Dale Sonat Exploration 35647 646319 S-55/178
available 16 Company
=================== ======================================== ================================= ============= =======================
# not Stakes, Alan Dale Sonat Exploration 35546 646327 S-55/207
available 17 Company
=================== ======================================== ================================= ============= =======================
# not Woolman, Earl Leroy Sonat Exploration 35522 646329 S-55/215
available 18 Company
=================== ======================================== ================================= ============= =======================
# not Woolman, Earl Leroy Sonat Exploration 35636 646328 S-55/211
available 19 Company
=================== ======================================== ================================= ============= =======================
# not Duhon, Jeffery L. Sonat Exploration 35293 not available
available 28 Company
=================== ======================================== ================================= ============= =======================
# not Taylor, Ola Mae Hebert, Sonat Exploration 35340 not available
available 29 usufructuary, et al Company
=================== ======================================== ================================= ============= =======================
910501-000 Hoffpauir, Juliana O. et al Gary-Williams Production 34430 599969 D-52/72
Co.
=================== ======================================== ================================= ============= =======================
910774-000 Williams, Floyd Exxon Corporation 32619 555883 D-48/650
=================== ======================================== ================================= ============= =======================
910776-000 Williams, Frederick C., et al Humble Oil and Refining 4/1/46 193305 I-8/17
=================== ======================================== ================================= ============= =======================
910876-000 Habetz, Anna C. et al Exxon 30834 509336 U-42/138
=================== ======================================== ================================= ============= =======================
911436-000 Thevis, Marie O., et al Humble Oil & Refining 16779 191509 H-8/244
=================== ======================================== ================================= ============= =======================
911481-000 Thevis, H. Joe Humble Oil & Refining 16528 191508 C-8/428
=================== ======================================== ================================= ============= =======================
912127-000 Duhon, Bettie Rae Stakes, Sonat Exploration 35236 not available
usufructuary et al Company
=================== ======================================== ================================= ============= =======================
912129-000 Thevis, Edward et al Sonat Exploration 6/20/96 625057 C-54/725
Company
=================== ======================================== ================================= ============= =======================
912133-000 Thevis, Lionel E. Sonat Exploration 3/14/96 622593 Y-53/113
Company
=================== ======================================== ================================= ============= =======================
912134-000 Zaunbrecher, Rose Marie Sonat Exploration 5/8/96 not available
Reiners Company
=================== ======================================== ================================= ============= =======================
912443-000 Thevis, Edward Sonat Exploration 4/3/96 not available
Company
=================== ======================================== ================================= ============= =======================
912897-000 Stakes, Annie Richard, Sonat Exploration 35293 not available
usufructuary, et al Company
=================== ======================================== ================================= ============= =======================
912902-000 Stakes, Mayonie S., Sonat Exploration 35293 not available
usufructuary (deceased), et al Company
=================== ======================================== ================================= ============= =======================
913076-000 Faulk, Pauline Martha et al Sonat Exploration 35296 not available
Company
=================== ======================================== ================================= ============= =======================
913078-000 Duhon, Bettie Rae Stakes, Sonat Exploration 35293 not available
usufructuary et al Company
=================== ======================================== ================================= ============= =======================
913082-000 Duncan, George Carwin, et al Sonat Exploration 35296 not available
Company
=================== ======================================== ================================= ============= =======================
1001601-000 Thevis, Ferdinand J. et al Sonat Exploration 2/28/97 V-54/233
Company
=================== ======================================== ================================= ============= =======================
1004512-000 C.B.R. Partnership/Cheryl P. Sonat Exploration 35523 not available
York Company
=================== ======================================== ================================= ============= =======================
1004517-000 C.B.R. Partnership/Cheryl P. Sonat Exploration 35523 647052 T-55/436
York Company
=================== ======================================== ================================= ============= =======================
1004518-000 C.B.R. Partnership/Cheryl P. Sonat Exploration 35523 647054 T-55/444
York Company
=================== ======================================== ================================= ============= =======================
1004520-000 Prather, William N. Sr., et ux Sonat Exploration 35508 not available
Company
=================== ======================================== ================================= ============= =======================
1004521-000 Prather, William N. Sr., et ux Sonat Exploration 35508 not available
Company
=================== ======================================== ================================= ============= =======================
1004522-000 Prather, William N. Sr., et ux Sonat Exploration 35508 not available
Company
=================== ======================================== ================================= ============= =======================
1004527-000 Hornsby, Jo Ann Carter, Sonat Exploration 35517 646333 S-55/232
usufructuary, et al Company
=================== ======================================== ================================= ============= =======================
1004529-000 Meyers, Henry L. Sonat Exploration 35517 not available
Company
=================== ======================================== ================================= ============= =======================
1004531-000 Meyers, Conrad J. Sonat Exploration 35689 not recorded
Company
=================== ======================================== ================================= ============= =======================
1004533-000 Meyers, Henry L. Sonat Exploration 35689 not recorded
Company
=================== ======================================== ================================= ============= =======================
1004557-000 Stakes, Annie Richard et al Sonat Exploration 35508 not available
Company
=================== ======================================== ================================= ============= =======================
1004559-000 Stakes, Annie Richard et al Sonat Exploration 35508 not available
Company
=================== ======================================== ================================= ============= =======================
1004560-000 Stakes, Annie Richard et al Sonat Exploration 35508 not available
Company
=================== ======================================== ================================= ============= =======================
1004564-000 C.B.R. Partnership/J. Randall Sonat Exploration 35586 not available
Prather Company
=================== ======================================== ================================= ============= =======================
1004566-000 C.B.R. Partnership/J. Randall Sonat Exploration 35586 646331 S-55/224
Prather Company
=================== ======================================== ================================= ============= =======================
1004567-000 C.B.R. Partnership/J. Randall Sonat Exploration 35586 646326 S-55/203
Prather Company
=================== ======================================== ================================= ============= =======================
1004568-000 C.B.R. Partnership/William N. Sonat Exploration 35508 not available
Prather, Jr. Company
=================== ======================================== ================================= ============= =======================
1004570-000 C.B.R. Partnership/William N. Sonat Exploration 35508 646330 S-55/220
Prather, Jr. Company
=================== ======================================== ================================= ============= =======================
1004572-000 C.B.R. Partnership/William N. Sonat Exploration 35508 646332 S-55/228
Prather, Jr. Company
=================== ======================================== ================================= ============= =======================
1004577-000 C.B.R. Partnership Sonat Exploration 35565 638157 B-55/647
Company
=================== ======================================== ================================= ============= =======================
1004578-000 Prather, William N. Sr., et ux Sonat Exploration 35592 not available
Company
=================== ======================================== ================================= ============= =======================
1004581-000 Prather, William N. Sonat Exploration 35508 not available
Company
=================== ======================================== ================================= ============= =======================
LA3005 Habetz, H. Joseph Humble Oil & Refining 13852 not available
=================== ======================================== ================================= ============= =======================
LA3007 Ohlenforst, Anton Humble Oil & Refining 13795 not available
=================== ======================================== ================================= ============= =======================
LA3008 Ohlenforst, John F. Exxon 33130 566884 G-49/93
=================== ======================================== ================================= ============= =======================
LA3009 Reiners, Anna Berken et al Humble Oil & Refining 23719 350274 J-24/603
=================== ======================================== ================================= ============= =======================
LA3010 Reiners, John Herman Humble Oil & Refining 25870 389428 X-28/558
=================== ======================================== ================================= ============= =======================
LA3011 Reiners, Mrs. P. J. et al Humble Oil & Refining 13850 not available
=================== ======================================== ================================= ============= =======================
LA3012 Stakes, J. B. et al Humble Oil & Refining 13823 138870
=================== ======================================== ================================= ============= =======================
LA3013 Thevis, Herbard J. Humble Oil & Refining 13804 not available
=================== ======================================== ================================= ============= =======================
LA3014 Hoffpauir, Antonia J. Thevis et al Exxon 32646 not available
=================== ======================================== ================================= ============= =======================
LA3015 Williams, Floyd Humble Oil & Refining 13800 not available
=================== ======================================== ================================= ============= =======================
LA3018 Reiners, Anna Helena et al Olin Gas Transmission 20432 not available
Corp.
=================== ======================================== ================================= ============= =======================
LA3020 Hornsby, Jo Ann C. Gary-Williams Production 34764 not available
Co.
=================== ======================================== ================================= ============= =======================
LA3021 Marmino, Paul Jr. et al Gary-Williams Production Co. 34710 not available
=================== ======================================== ================================= ============= =======================
</TABLE>
<PAGE>
EXHIBIT C - PIPELINES AND OTHER PERSONAL PROPERTY
TO THE PURCHASE AND SALE AGREEMENT DATED
SEPTEMBER 17, 1998,
BY AND BETWEEN SONAT EXPLORATION COMPANY AS SELLER
AND TEXOIL, INC., AS BUYER
RODRIGUEZ (LAREDO)
4.1 Sonat Texas Gathering Company Pipeline (formerly Webco Pipeline Company)
gathering line and metering station located in the Jose A. Nasario
(A-250), Todeo Sanchez (A-472), Jose B. Chapa (A-410), L. Salinas (A473),
R. H. Rains (A-594), and Jose M. Diaz (A-546) surveys in Webb County,
Texas, equipped as follows:
(a) 15,001' of 6 5/8" 0.279" Wall H-40 Steel Pipe Coated and Wrapped,
installed in 1975.
(b) 5,511' of 6 5/8" 0.219" Wall X-52 Steel Pipe Coated and Wrapped,
installed in 1985.
(c) 6,710' of 4 1/2" 0.237 Wall X-42 Steel Pipe Coated and Wrapped,
installed in 1988.
(d) 6,725' of 4" 0.237" Wall TGFIII Coated and Wrapped, installed in
1997.
(e) Cathodic Protection by one 30 Volt, 18 amp air cooled universal
rectifier unit with ten (10) 4 X 80 graphite anodes.
(f) One 24" X & 6" vertical three phase low pressure separator (serial
#85-2103C).
(g) One 30" X 10' vertical two phase high pressure separator (serial
#36111).
(h) One 210 Bbl steel tank (serial #8132501).
(i) One 24" X 25' Tyson reconditioned dehy tower (serial #1136).
(j) One Floeco 200 BTU regen unit (serial #29233).
(k) One 18" X 4' horizontal pump gas separator (serial #82779).
(l) One Camco 2.067 meter run (serial #EY00202).
(m) One Barton 202E three pen recorder (serial #337728).
(n) One Daniels 4.026 meter run (serial #89040075).
(o) One Camco 2.067 meter run (serial #E20059).
(p) Various valves, fittings and connections.
NORTH CROWLEY
4.1 North Crowley Compressor Station
(a) Clark RA-8 800 HP two stage compressor (unit #25755).
(b) Clark RA-8 800 HP two stage compressor (unit #25756).
4.3 North Crowley Gas Lift
(a) White Superior 415 HP one stage compressor (unit #65598).
(b) Chicago Pneu 415 HP one stage compressor (unit #64404).
<PAGE>
EXHIBIT D
PREFERENTIAL RIGHTS TO PURCHASE
<TABLE>
<CAPTION>
NOTICE
FIELD INSTRUMENT TYPE DATE PARTY PERIOD
======================================================= ========== ========================================= =================
<S> <C> <C> <C> <C>
Bonebrake None
======================================================= ========== ========================================= =================
======================================================= ========== ========================================= =================
Duval County
Ranch None
======================================================= ========== ========================================= =================
======================================================= ========== ========================================= =================
Loma Novia East Operating Agreement 11/30/95 Triana Exploration Company 10 days
======================================================= ========== ========================================= =================
Operating Agreement 11/30/95 Pioneer Natural Resources U.S.A., Ltd. 10 days
======================================================= ========== ========================================= =================
======================================================= ========== ========================================= =================
Neale None
======================================================= ========== ========================================= =================
======================================================= ========== ========================================= =================
North Crowley Purchase & Sale Agreement 10/1/95 Gary-Williams Production Company 30 days
======================================================= ========== ========================================= =================
Purchase & Sale Agreement Paul B. Melnychenko d/b/a St. Croix
10/1/95 Exploration Co. 30 days
======================================================= ========== ========================================= =================
Purchase & Sale Agreement 10/1/95 The Armstron Corporation 30 days
======================================================= ========== ========================================= =================
Purchase & Sale Agreement 10/1/95 Ichor Exploration, Inc. 30 days
======================================================= ========== ========================================= =================
Assignment 12/14/95 Gary-Williams Production Company 30 days
======================================================= ========== ========================================= =================
Assignment 12/14/95 Paul B. Melnychenko d/b/a St. Croix
Exploration Co. 30 days
======================================================= ========== ========================================= =================
Assignment 12/14/95 The Armstron Corporation 30 days
======================================================= ========== ========================================= =================
Assignment 12/14/95 Ichor Exploration, Inc. 30 days
======================================================= ========== ========================================= =================
Operating Agreement 10/1/95 Gary-Williams Production Company 10 days
======================================================= ========== ========================================= =================
Operating Agreement Paul B. Melnychenko d/b/a St. Croix
10/1/95 Exploration Co. 10 days
======================================================= ========== ========================================= =================
Operating Agreement 10/1/95 The Armstron Corporation 10 days
======================================================= ========== ========================================= =================
Operating Agreement 10/1/95 Ichor Exploration, Inc. 10 days
======================================================= ========== ========================================= =================
======================================================= ========== ========================================= =================
North Chocolate 12/16/9
Bayou Area of Mutual Interest 4 Gaither Petroleum Corporation 15 days
======================================================= ========== ========================================= =================
rea of Mutual Interest 12/16/9
A 4 Brock Oil and Gas Corporation 15 days
======================================================= ========== ========================================= =================
======================================================= ========== ========================================= =================
Rodriguez (Laredo) None
======================================================= ========== ========================================= =================
======================================================= ========== ========================================= =================
South Kaspar Operating Agreement 9/8/92 Nortex Corporation 10 days
======================================================= ========== ========================================= =================
Operating Agreement 9/8/92 Tepee Petroleum Company, Inc. 10 days
======================================================= ========== ========================================= =================
Operating Agreement 9/8/92 Piseco Oil & Gas, Inc. 10 days
======================================================= ========== ========================================= =================
Operating Agreement 9/8/92 Roemer-Swanson Energy Corp. 10 days
======================================================= ========== ========================================= =================
</TABLE>
<PAGE>
PREFERENTIAL RIGHTS TO PURCHASE (CONTINUED FROM PAGE 1)
<TABLE>
<CAPTION>
NOTICE
FIELD INSTRUMENT TYPE DATE PARTY PERIOD
====================================================== ========== ==================================== =================
<S> <C> <C> <C> <C>
South Kaspar
(cont.) Operating Agreement 9/8/92 Midwest Resources 96-01 O & G 10 days
====================================================== ========== ==================================== =================
Operating Agreement 9/8/92 Midwest Resources 98-01 O & G 10 days
====================================================== ========== ==================================== =================
South Picoso None
====================================================== ========== ==================================== =================
Yorktown, South None
====================================================== ========== ==================================== =================
</TABLE>
CONSENTS TO ASSIGN
<TABLE>
<CAPTION>
NOTICE
FIELD INSTRUMENT TYPE / FILE # DATE PARTY OR PROPERTY PERIOD
========================================================== ========== =============================================== ==============
<S> <C> <C>
Bonebrake
========================================================== ========== =============================================== ==============
========================================================== ========== =============================================== ==============
Duval County F. Michael Speed, Trustee for the State of
Ranch Farmout Agreement 3/19/94 Texas n/a
========================================================== ========== =============================================== ==============
Farmout Agreement F. Michael Speed, Trustee for the State of
3/19/92 Texas n/a
========================================================== ========== =============================================== ==============
Farmout Agreement 11/5/93 Exxon Company, U.S.A. n/a
========================================================== ========== =============================================== ==============
Agreement 1/1/92 Manges Liquidating Trust n/a
========================================================== ========== =============================================== ==============
Oil & Gas Lease 906600-002 1/1/92 Exxon Company, U.S.A. n/a
========================================================== ========== =============================================== ==============
Oil & Gas Lease 908761-000 5/15/94 Texaco Exploration & Production n/a
========================================================== ========== =============================================== ==============
Oil & Gas Lease 908790-000 1/25/95 Texaco Exploration & Production n/a
========================================================== ========== =============================================== ==============
Oil & Gas Lease 906672-000 1/22/92 Texaco Exploration & Production n/a
========================================================== ========== =============================================== ==============
Gas Purchase Contract #4079 10/1/94 Tejas (366 A-10C&T, 366 A-11, 54-6C&T) n/a
========================================================== ========== =============================================== ==============
Gas Purchase Contract #4077 11/1/94 PG&E Texas (Valero) (all Other DCRC Wells) n/a
========================================================== ========== =============================================== ==============
========================================================== ========== =============================================== ==============
Loma Novia East Oil & Gas Lease 910284-000 1/1/94 Leo J. Welder, et al n/a
========================================================== ========== =============================================== ==============
Oil & Gas Lease 910442-000 6/12/57 Bess Kaplan & State of Texas n/a
========================================================== ========== =============================================== ==============
Oil & Gas Lease 910444-000 6/20/57 Jane S. Mayer & State of Texas n/a
========================================================== ========== =============================================== ==============
Oil & Gas Lease 913340-002 10/17/96 Mattie R. Claflin, Agent for State of Texas n/a
========================================================== ========== =============================================== ==============
========================================================== ========== =============================================== ==============
Neale Environmental Permit
0320-00031-00 11/26/97 Neale Central Production Facility n/a
========================================================== ========== =============================================== ==============
Environmental Permit
0320-00027-01 12/4/97 Neale Gas Processing Facility n/a
========================================================== ========== =============================================== ==============
Environmental Permit 11/26/97 Frazar Production Facility n/a
0320-00032-00
========================================================== ========== =============================================== ==============
</TABLE>
<PAGE>
CONSENTS TO ASSIGN (CONTINUED FROM PAGE 2)
<TABLE>
<CAPTION>
NOTICE
FIELD INSTRUMENT TYPE / FILE # DATE PARTY OR PROPERTY PERIOD
==================================================================== ========== ===================================== ==============
<S> <C> <C> <C> <C>
Neale (cont.) Environmental Permit
0320-00033-00 12/4/97 Neale Sales Point Facility n/a
==================================================================== ========== ===================================== ==============
Meter Facility Agreement #4584 1/24/97 Trunkline n/a
==================================================================== ========== ===================================== ==============
Oil and Gas Lease 910574-000 8/17/38 Musser-Davis Land Company n/a
==================================================================== ========== ===================================== ==============
Surface Lease Agmt.
913542-000 5/29/97 Musser-Davis Land Company n/a
==================================================================== ========== ===================================== ==============
Surface Lease Agmt.
1001480-000 2/1/97 Musser-Davis Land Company n/a
==================================================================== ========== ===================================== ==============
==================================================================== ========== ===================================== ==============
==================================================================== ========== ===================================== ==============
North Crowley Seismic License 12/14/95 Gary-Williams Production Company n/a
==================================================================== ========== ===================================== ==============
Purchase & Sale Agreement 10/1/95 Gary-Williams Production Company 30 days
==================================================================== ========== ===================================== ==============
Purchase & Sale Agreement Paul B. Melnychenko d/b/a St. Croix
10/1/95 Exploration Co. 30 days
==================================================================== ========== ===================================== ==============
Purchase & Sale Agreement 10/1/95 The Armstron Corporation 30 days
==================================================================== ========== ===================================== ==============
Purchase & Sale Agreement 10/1/95 Ichor Exploration, Inc. 30 days
==================================================================== ========== ===================================== ==============
Environmental Permit Thevis/Stakes Battery and Compressor
0040-00064-V0 5/2/97 Station n/a
==================================================================== ========== ===================================== ==============
Environmental Permit
0040-00039-01 8/2/95 Sales Gas Dehydration Station n/a
==================================================================== ========== ===================================== ==============
Environmental Permit
0040-00063-00 7/14/94 North Crowley Field Tank Batteries n/a
==================================================================== ========== ===================================== ==============
==================================================================== ========== ===================================== ==============
North Chocolate
Bayou Oil & Gas Lease 907990-002 9/14/94 Frost National Bank, Trustee n/a
==================================================================== ========== ===================================== ==============
Oil & Gas Lease 907998-000 1/11/94 Missouri Improvement Company n/a
==================================================================== ========== ===================================== ==============
==================================================================== ========== ===================================== ==============
Rodriguez (Laredo) Pipeline Lease #4949 6/15/97 Delhi Gas Pipeline n/a
==================================================================== ========== ===================================== ==============
==================================================================== ========== ===================================== ==============
South Kaspar Gas Purchase Contract #5183 2/1/96 Shell / Tejas Texas Gas Plants LP n
==================================================================== ========== ===================================== ==============
==================================================================== ========== ===================================== ==============
South Picoso Oil & Gas Lease 906520-001 5/22/93 Mobil Producing Texas & New mexico n/a
==================================================================== ========== ===================================== ==============
Oil & Gas Lease 906520-002 4/30/93 G. B. Minerals, Ltd. n/a
==================================================================== ========== ===================================== ==============
==================================================================== ========== ===================================== ==============
Yorktown, South none
==================================================================== ========== ===================================== ==============
</TABLE>
<PAGE>
EXHIBIT E
To The Purchase and Sale Agreement
Dated _____ September, 1998
by and between Sonat Exploration Company as Seller
and Texoil, Inc. as Buyer
LITIGATION
None
CLAIMS AND DEMANDS
DCR - Killam Investments, Ltd. claims to own the Mangas pipeline and
has asserted a claim for past transportation fees. It is Sonat's position that
the lease from the Manges Liquidating Trust included these assets.
North Crowley Field.
1. Oral demand by Henry Meyer (tenant farmer) for surface damages
allegedly resulting from an oil spill occurring in 1997 on the N/E 4 of Section
33, T8S-R1, Acadia Parish, La.
2. On September 2, 1998, a gathering line broke and spilled 10 gallons of
condensate. Sonat has remediated the ground. To date, Sonat has not received a
claim for damages resulting from the spill.
3. On September 9, 1998, approximately 10 barrels of crude oil were
spilled near the LACT facility. To date, Sonat has not received a claim for
damages resulting from the spill.
ADMINISTRATIVE PROCEEDINGS
None
LITIGATION TO BE RETAINED BY SELLER
DEASE V. SONAT EXPLORATION COMPANY, C98-47, 36th Judicial District Court,
Beauregard Parish, Louisiana, filed January 27, 1998. Plaintiff, an employee of
Justiss Drilling, broke his ankle dismounting a forklift owned by Industrial
Lift Truck, while working on Rig #41 at Neale Field.
PERRY V. SONAT, Cause # 71,672, 15th Judicial District Court, Parish of
Acadia, Louisiana, filed June 24, 1997. Plaintiff, an employee of JLM
construction, was hurt when a heater-treater rolled over his ankle at North
Crowley Field. Co-defendants have assumed Sonat's defense pursuant to the
Blanket Service Contract.
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EXHIBIT F
Attached to and made a part of that certain Purchase and Sale
Agreement dated September ___, 1998, by and between Sonat Exploration
Company and Sonat Texas Gathering Company ("Seller"),
and Texoil, Inc. ("Buyer").
COUNTY OF _______ ss.
STATE OF _________ ss.
Return recorded original to: Mail tax notices to:
Texoil, Inc. Texoil, Inc.
110 Cypress Station Drive 110 Cypress Station Drive
Suite 220 Suite 220
Houston, Texas 77090-1629 Houston, Texas 77090-1629
ASSIGNMENT, BILL OF SALE AND CONVEYANCE
THIS ASSIGNMENT ("Assignment"), dated as of the __th day of October,
1998, but effective 7:00 a.m. as of April 1, 1998 ("Effective Date"), is from
SONAT EXPLORATION COMPANY, a Delaware corporation and Sonat Texas Gathering
Company, a Delaware corporation, whose address is 4 Greenway Plaza, Houston,
Texas 77046 ("Assignor"), and Texoil, Inc. a Nevada corporation, whose address
110 Cypress Station Drive, Suite 220, Houston, Texas 77090-1629 ("Assignee").
FOR TEN DOLLARS ($10.00) cash, and other good, valuable and
sufficient consideration received by Assignor, the receipt of which is hereby
acknowledged, Assignor has granted, conveyed, sold, bargained, assigned and
delivered, and by these presents does hereby grant, convey, sell, bargain,
assign and deliver unto Assignee (a) all of Assignor's interest in and to the
oil and gas properties described on Exhibits "A" (Wells and Units), "B" (Leases,
Rights of Way and Easements) and "C" (Pipelines and Other Personal Property)
(each such property set forth on such exhibits referred to herein individually
as a "Property" and collectively as the "Properties"), and (b) any other right,
title and interest of such Assignor in and to the Properties, together with all
rights, titles, interests, tenements, hereditaments, appurtenances, benefits and
privileges of Assignor attributable to each Property, including, without
limitation, (i) all right, title and interest of Assignor to the oil, gas and
other minerals produced from or otherwise attributable to each Property, (ii)
all rights, privileges, benefits and powers of such Assignor with respect to the
use and occupation of the surface of, and the subsurface depths under, the land
covered by each Property which may be necessary, convenient or incidental to the
possession and enjoyment of such Property, (iii) all rights of Assignor with
respect to any pooled, communitized or unitized acreage by virtue of any
Property being a part of a Unit, including all production from such Unit and all
interests in any wells, and production therefrom, within such Unit, and
including any Leases and leasehold rights owned by Assignor where a portion or
portions of such Lease is included in any such Unit, (iv) all of the real,
personal and mixed property of Assignor located on
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any Property or obtained or used in connection with the operation of any
Property, Unit or Well (whether located on or off the Properties), including
wells, well equipment, casing, tanks, gas separation and field processing units,
crude oil and condensate or products in storage or in pipelines produced after
the Effective Date, boilers, buildings, tubing, pumps, motors, fixtures,
machinery and other personal property, flowlines, power lines, telephone lines,
roads, and all other improvements used in the operation thereof, and (v) all
rights of Assignor in, to and under or derived from all agreements and
contractual rights, all easements and rights-of-way described in Exhibit B, all
servitudes and other estates to the extent relating to any of the items
described above, including, without limitation, all production sales and
purchase contracts, operating agreements, pooling or unitization agreements,
purchase, exchange or processing agreements, surface leases, farmout or farmin
agreements, transportation agreements, permits, licenses, options, orders and
all other contracts, agreements and instruments relating to the production,
storage, treatment, transportation, gathering, processing, purchase or sale or
disposal of oil, gas, other hydrocarbons, other minerals, water, brine or other
substances from any Property (or properties pooled or unitized therewith) all of
which this Assignment is made subject to and to all of which Assignee expressly
assumes and agrees to be bound by (all of the interests described above being
herein referred to as the "Assigned Interests"), LESS AND EXCEPT all oil, gas
and other hydrocarbons produced and stored above the pipeline connection prior
to the Effective Date and all proceeds and rights to proceeds from the sale of
oil, gas and other hydrocarbons prior to the Effective Date.
TO HAVE AND TO HOLD the Assigned Interests, together with all and
singular the rights and appurtenances thereunto and in anywise belonging unto
Assignee, its heirs and executors, successors and assigns forever; and Assignor
does hereby bind itself, its successors and assigns to warrant and forever
defend title to the Assigned Interests of such Assignor, unto Assignee, and its
successors and assigns, against every person whomsoever lawfully claiming or to
claim the same or any part thereof, by, through or under such Assignor, but not
otherwise; and with full substitution and subrogation of Assignee.
INSOFAR AS THIS ASSIGNMENT COVERS PERSONAL PROPERTY, ASSIGNOR
EXPRESSLY DISCLAIMS AND NEGATES ANY EXPRESS WARRANTY OF MERCHANTABILITY,
CONDITION OR SAFETY AND ANY EXPRESSED WARRANTY OF FITNESS FOR A PARTICULAR
PURPOSE; AND ASSIGNEE WAIVES ANY AND ALL OF THE AFOREDESCRIBED WARRANTIES AND
ACCEPTS ALL SUCH PERSONAL PROPERTY AS IS, WHERE IS WITH ALL FAULTS. ALL
DESCRIPTIONS OF SAID PERSONAL PROPERTY HERETOFORE OR HEREAFTER FURNISHED TO
ASSIGNEE BY ASSIGNOR HAVE BEEN AND SHALL BE FURNISHED SOLELY FOR ASSIGNEE'S
CONVENIENCE AND HAVE NOT CONSTITUTED AND SHALL NOT CONSTITUTE A REPRESENTATION
OR WARRANTY OF ANY KIND BY ASSIGNOR. ASSIGNOR SHALL
HAVE NO LIABILITY TO ASSIGNEE FOR ANY CLAIMS, LOSS OR DAMAGE CAUSED OR ALLEGED
TO BE CAUSED DIRECTLY OR INDIRECTLY, INCIDENTALLY OR CONSEQUENTIALLY, BY SUCH
PERSONAL PROPERTY, BY ANY INADEQUACY THEREOF OR THEREWITH, ARISING IN STRICT
LIABILITY OR OTHERWISE, OR IN ANY WAY ARISING OUT OF ASSIGNEE'S PURCHASE THEREOF
ATTRIBUTABLE TO PERIODS OF TIME ON OR AFTER THE CLOSING DATE.
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This Assignment shall be binding upon and shall inure to the benefit of the
parties hereto, their successors and assigns and shall constitute covenants
running with the land.
IN WITNESS WHEREOF, Assignor has caused this Assignment to be
executed as of the date first above written.
ASSIGNOR:
SONAT EXPLORATION COMPANY SONAT TEXAS GATHERING COMPANY
By:_______________________________ By:________________________________
Title:____________________________ Title:_____________________________
ASSIGNEE:
TEXOIL, INC.
By:________________________________
Title:_____________________________
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ACKNOWLEDGEMENT
STATE OF TEXAS SS
COUNTY OF HARRIS SS
This instrument was acknowledged before me on this day of _________, 1998,
by _______________________, the ______________________ of SONAT EXPLORATION
COMPANY.
___________________________________________
Notary Public in and for the State of Texas
My Commission Expires:_____________________
STATE OF TEXAS SS
COUNTY OF HARRIS SS
This instrument was acknowledged before me on this day of_________, 1998,
by __________, the ___________________________________of SONAT TEXAS GATHERING
COMPANY.
___________________________________________
Notary Public in and for the State of Texas
My Commission Expires:_____________________
STATE OF TEXAS SS
COUNTY OF HARRIS SS
This instrument was acknowledged before me on this day of __________, 1998,
by ________________________, the __________________ of TEXOIL, INC.
___________________________________________
Notary Public in and for the State of Texas
My Commission Expires:_____________________
