Exhibit 10.41
EXECUTION COPY
| STATE OF TEXAS | § |
| | § |
| COUNTIES OF CHAMBERS | § |
| AND GALVESTON | § |
ASSIGNMENT OF OVERRIDING ROYALTY
IN CONSIDERATION OF Ten Dollars ($10.00) and other good and valuable consideration, all cash, the receipt and sufficiency of which are acknowledged, and subject to the other provisions in this Assignment of Overriding Royalty (the “Assignment”), MASTERS RESOURCES, L.L.C., and MASTERS OIL & GAS, L.L.C. (collectively, “Assignor”), each a Texas limited liability company having its principal place of business at 9801 Westheimer, Suite 1070, Houston, Texas 77042, hereby grants, bargains, sells, transfers, conveys and assigns to MASTERS PIPELINE, L.L.C. (“Assignee”), a Texas limited liability company having its principal place of business at 9801 Westheimer, Suite 1070, Houston, Texas 77042, three (3) discrete overriding royalty interests (collectively, the “ORRI”) in accordance with the following:
| | 1.1. | An aggregate overriding royalty (the “Declining ORRI”) initially equal to 6% of 8/8ths of the production from those “Wells” (as defined herein) described as representing “Proved Undeveloped Reserves” and “Proved Non-Producing Reserves” on Exhibit B attached hereto and made part hereof , and any well later drilled on the lands covered by each Lease as described on the attached Exhibit A; |
| | 1.2. | An aggregate overriding royalty (the “Fixed ORRI”) initially equal to 3% of 8/8ths of the production from those Wells described as representing “Proved Developed Producing” on Exhibit C attached hereto and made part hereof (the declining ORRI and the Fixed ORRI are called the “Adjustable ORRI” in this Agreement); and |
| | 1.3. | An aggregate overriding royalty (the “Additional ORRI”) equal to 2% of 8/8ths of the production from any well now existing or later drilled on the lands covered by each Lease as described on the attached Exhibit A, including any Well already burdened by the Declining ORRI or the Fixed ORRI; provided, however, that this interest shall terminate on the third anniversary of the Effective Date hereof as defined below. |
The ORRI is conveyed by Assignor and accepted by Assignee subject to the following terms and conditions:
| | 2.1. | The ORRI shall be proportionately reduced to the extent that, as of the Effective Time, the working interest of Assignor in any Lease is less than 100% or the net revenue interest of Assignor in any Lease is less than 80% of 100%. By way of example (applicable to any Declining ORRI, Fixed ORRI or Additional ORRI): (1) If as of the Effective Time, the working interest owned by Assignor in a Lease is 60% (not 100%) and the net revenue interest of Assignor in the same Lease is not less than 80% of 100%, then the Declining ORRI in that Lease shall be 60/100 of 6%, or 3.6%; or in the case of the Fixed ORRI, 60/100 of 3%, or 1.8%; (2) If, as of the Effective Time, the working interest owned by Assignor in a Lease is 100% and the net revenue interest of Assignor in the same Lease is 75% of 100%, then the Declining ORRI in that Lease shall be 75/80 x 6%, or 5.625%, or, in the case of the Fixed ORRI, 75/80 x 3%, or 2.8125%; (3) If, as of the Effective Time, the working interest in a Lease is less than 100% and the net revenue interest in the same Lease is less than 80%, then the reduction of the ORRI shall be implemented for both the working interest and the net revenue interest. |
| | 2.2. | When Assignee has received payments from the Adjustable ORRI in the aggregate amount of $20,000,000.00, the following shall occur: |
a. Assignee shall execute and deliver to Assignor an assignment with special warranty of an overriding royalty interest carved out of the Declining ORRI equal to 2% of 8/8 so that the Declining ORRI shall thereafter be reduced to an overriding royalty interest equal to 4% of 8/8 proportionately reduced as set out in Section 2.1 above. The Declining ORRI as reduced in accordance with the preceding sentence is called the “First Adjusted Declining ORRI” in this Assignment.
b. Assignor shall execute and deliver to Assignee as an addition to the Fixed ORRI, an assignment with special warranty of an overriding royalty interest equal to 1% of 8/8ths of the production from those Wells described as “Proved Developed Producing” on Exhibit B, so that the Fixed ORRI shall thereafter be increased to an overriding royalty interest equal to 4% of 8/8 proportionately reduced as set out in Section 2.1. The Fixed ORRI as increased in accordance with the preceding sentence is called the “First Adjusted Fixed ORRI” in this Assignment.
| | 2.3. | When Assignee has received payments from the Adjustable ORRI in the aggregate amount of an additional $10,000,000.00, Assignee shall execute and deliver to Assignor an assignment with special warranty carved out of the First Adjusted Declining ORRI of an overriding royalty interest equal to: (a) 2% of 8/8 so that the First Adjusted Declining ORRI shall thereafter be reduced to an overriding royalty interest equal to 2% of 8/8, and (b) 4% of 8/8 carved out of the Fixed ORRI so that the Fixed ORRI shall thereafter be vested in Assignor. The First Adjusted Declining ORRI as reduced in accordance with the preceding sentence is called the “Final Adjusted ORRI” in this Assignment. |
| | 2.4. | Assignor acknowledges and agrees that: (a) the ORRI is an interest in land owned by and vested in Assignee, and (b) Assignee also owns the proceeds of sale of oil, gas, and other hydrocarbons, or other products attributable to the ORRI and is entitled to received such proceeds directly from the purchasers of such oil, gas and other hydrocarbons, or other products. Notwithstanding anything contained herein to the contrary, Assignee may, at its option, upon not less that 60 days notice to Assignor, require at any time or from time to time that payment of all or any overriding royalties accruing to Assignee under this Agreement be made in kind without deduction only to the same extent provided for royalties reserved to the lessors under the applicable Leases. Assignee’s right to take the ORRI in kind shall not diminish or negate Assignee’s rights or Assignor’s obligations, whether express or implied, under this Assignment. Until such time as Assignee elects to take the ORRI in kind, Assignor shall market such oil, gas and other hydrocarbons or other products on behalf of Assignee, and Assignor agrees to pay Assignee said proceeds or to have the purchasers pay said proceeds to Assignee directly at Assignee’s sole discretion. If Assignee elects to take its share of production in kind, to the extent that additional facilities are required for Assignee to take its share of production in kind, Assignee shall bear the cost and expense of installing such facilities. |
| | 2.5. | Each payment by Assignor to Assignee shall include a calculation of the aggregate of all payments made to Assignee until Assignee’s ownership is limited to the Final Adjusted ORRI and the Additional ORRI. |
| | 2.6. | At any time, and from time to time (but not more often than once each calendar year), Assignee may audit the payments on the ORRI made by Assignor to Assignee. |
| | 2.7. | The ORRI shall apply to and attach to any renewals or extensions of the Leases and/or any new leases taken within one (1) year of the expiration of any of the Leases which cover any of the lands covered by the Leases taken by the Assignor, its agents, affiliates or successors. |
This Assignment is made by Assignor and accepted by Assignee subject to the following:
| | 3.1 | All matters shown of record in Chambers and Galveston Counties, Texas, TO THE EXTENT ONLY THAT any thereof are valid and subsisting and affect all or any portion of the ORRI; |
| | 3.2 | Conventional rights of reassignment requiring notice to the holders of those rights; |
| | 3.3 | It is expressly provided that no ORRI shall be paid nor shall accrue upon any production used for operating, development or production purposes upon the lands covered by a Lease, or that portion of any production returned to the lands covered by a Lease for operating, development or production purposes or upon that portion of production which is unavoidably lost; |
| | 3.4 | The ORRI in any Lease may be pooled and unitized in the same manner and under the same and identical terms, conditions and provisions as the lessors’ royalty may be pooled and unitized under the terms of the Lease to which such ORRI is applicable; |
| | 3.5 | No obligations, either express or implied, shall arise by reason of this assignment of the ORRI by Assignor which shall obligate Assignor to keep and to maintain any of the Leases in force and effect either by the payment of rentals, compensatory royalty or other payments, or by the drilling of any wells, it being expressly understood that Assignee is to receive Assignee’s ORRI only out of the production if, as and when produced, saved and sold at the will of Assignor from the lands under the terms and provisions of the Leases, and Assignor may release any of the Leases, or any part thereof, or permit any of the Leases or any part thereof, to revert or to terminate at will and without liability to Assignor. |
TO HAVE AND TO HOLD, all and singular, the ORRI unto Assignee and Assignee’s successors in title and assigns forever. Assignor agrees to warrant and forever defend title to the ORRI unto Assignee, its successors and assigns, against the claims and demands of all persons claiming, or to claim the same, or any part thereof by, through or under Assignor, but not otherwise. This Assignment is made with full substitution and subrogation of Assignee in and to all covenants, indemnities, representations and warranties by others heretofore given or made with respect to the ORRI or any part thereof.
As used in this Assignment: “Leases” means the oil, gas and mineral leases and other real property described on Exhibit A attached to and made a part of this Assignment; and “Wells” means the oil and gas wells located on or attributable to the Leases and described on Exhibit B or Exhibit C attached to and made a part of this Assignment and for purposes of paragraphs 1.1 and 1.3 above any well later drilled on the lands covered by each Lease owned by Assignor.
Assignor agrees to execute, to acknowledge and to deliver to Assignee any additional instruments, notices, division orders, transfer orders and other documents and to do any other acts and things which may be necessary to more fully and effectively assign and convey to Assignee and Assignee’s successors in title and assigns the ORRI intended to be assigned hereby.
This Assignment shall be binding upon Assignor and Assignee as well as their respective successors and assigns.
[Remainder of page intentionally blank. Signatures are on next page.]
Signed: May 11, 2007, TO BE EFFECTIVE, HOWEVER, AS OF October 1, 2006, at 7:00 a.m. Central Daylight Savings Time (the “Effective Time”).
| | | | |
| ASSIGNOR: | ASSIGNEE: |
| | | |
MASTERS RESOURCES, L.L.C. | |
| | | |
| By: | /s/ John W. Barton | By: | /s/ John W. Barton |
| |
John W. Barton, Managing Member | |
John W. Barton, Managing Member |
| | | | |
| MASTERS OIL & GAS, L.L.C. | | |
| | | |
| By: | /s/ John W. Barton | | |
| |
John W. Barton, Managing Member | | |
EXHIBITS:
| Exhibit A | Leases |
| Exhibit B | Proved Undeveloped Reserves and Proved Non-Producing Reserves |
| Exhibit C | Proved Developed Producing Reserves |
Signature Page to Assignment of Overriding Royalty
| STATE OF TEXAS | § |
| | § |
| COUNTY OF HARRIS | § |
This instrument was acknowledged before me this 11th day of May, 2007, by John W. Barton, Managing Member of Masters Resources, L.L.C., a Texas limited liability company, on behalf of each of said limited liability companies.
| | | |
| RHONDEE M. DAMON | | /s/ Rhondee M. Damon |
Notary Public, State of Texas My Commission Expires April 26, 2009 |
Notary Public in and for the State of Texas |
| STATE OF TEXAS | § |
| | § |
| COUNTY OF HARRIS | § |
This instrument was acknowledged before me this 11th day of May, 2007, by John W. Barton, Managing Member of Masters Oil & Gas, L.L.C., a Texas limited liability company, on behalf of each of said limited liability companies.
| | | |
| RHONDEE M. DAMON | | /s/ Rhondee M. Damon |
Notary Public, State of Texas My Commission Expires April 26, 2009 |
Notary Public in and for the State of Texas |
| STATE OF TEXAS | § |
| | § |
| COUNTY OF HARRIS | § |
This instrument was acknowledged before me this 11th day of May, 2007, by John W. Barton, Managing Member of Masters Pipeline, LLC, a Texas limited liability company, on behalf of said limited liability company.
| | | |
| RHONDEE M. DAMON | | /s/ Rhondee M. Damon |
Notary Public, State of Texas My Commission Expires April 26, 2009 |
Notary Public in and for the State of Texas |
EXHIBIT A
(Attached to and made part of Assignment of Overriding Royalty dated as of 7:00 a.m. Central Daylight Savings Time on October 1, 2006, from Masters Resources, L.L.C. and Masters Oil & Gas, L.L.C., to Masters Pipeline, L.L.C.)
EXHIBIT B
(Attached to and made part of Assignment of Overriding Royalty dated as of 7:00 a.m. Central Daylight Savings Time on October 1, 2006, from Masters Resources, L.L.C. and Masters Oil & Gas, L.L.C., to Masters Pipeline, L.L.C.)
PROVED UNDEVELOPED RESERVES AND PROVED NON-PRODUCING RESERVES
FIELD | | LEASE/WELL | | RESERVE CATEGORY |
| FISHERS REEF | | STATE TRACT 01-4A #12 (BP01) | | PROVED BEHIND PIPE |
| FISHERS REEF | | STATE TRACT 01-4B #68H (BP01) | | PROVED BEHIND PIPE |
| FISHERS REEF | | STATE TRACT 09-12B #112 (BP01) | | PROVED BEHIND PIPE |
| FISHERS REEF | | STATE TRACT 01-4A #89F (BP02) | | PROVED BEHIND PIPE |
| FISHERS REEF | | STATE TRACT 05-8A #01 (BP01) | | PROVED BEHIND PIPE |
| FISHERS REEF | | STATE TRACT 05-8A #01 (BP02) | | PROVED BEHIND PIPE |
| FISHERS REEF | | STATE TRACT 06-7A #01 (BP-01) | | PROVED BEHIND PIPE |
| FISHERS REEF | | STATE TRACT 05-8A #02 (BP01) | | PROVED BEHIND PIPE |
| FISHERS REEF | | STATE TRACT 05-8A #02 (BP02) | | PROVED BEHIND PIPE |
| | | | | |
| POINT BOLIVAR NORTH | | STATE TRACT 343 #014 (BP01) | | PROVED BEHIND PIPE |
| POINT BOLIVAR NORTH | | STATE TRACT 343 #014 (BP02) | | PROVED BEHIND PIPE |
| POINT BOLIVAR NORTH | | STATE TRACT 343 #014 (BP03) | | PROVED BEHIND PIPE |
| | | | | |
| RED FISH REEF | | STATE TRACT 200 186 (BP01) | | PROVED BEHIND PIPE |
| RED FISH REEF | | STATE TRACT 200 200 | | PROVED BEHIND PIPE |
| RED FISH REEF | | STATE TRACT 247 001 | | PROVED BEHIND PIPE |
| RED FISH REEF | | STATE TRACT 247 021 (BP02) | | PROVED BEHIND PIPE |
| RED FISH REEF | | STATE TRACT 247 021 (BP01) | | PROVED BEHIND PIPE |
| RED FISH REEF | | STATE TRACT 225 207 (BP01) | | PROVED BEHIND PIPE |
FIELD | | LEASE/WELL | | RESERVE CATEGORY |
| RED FISH REEF | | STATE TRACT 246 174D (BP01) | | PROVED BEHIND PIPE |
| RED FISH REEF | | STATE TRACT 246 181 (BP01) | | PROVED BEHIND PIPE |
| RED FISH REEF | | STATE TRACT 246 181 (BP02) | | PROVED BEHIND PIPE |
| RED FISH REEF | | STATE TRACT 247 023 (BP01) | | PROVED BEHIND PIPE |
| RED FISH REEF | | STATE TRACT 224 106 (BP01) | | PROVED BEHIND PIPE |
| RED FISH REEF | | STATE TRACT 224 106 (BP02) | | PROVED BEHIND PIPE |
| RED FISH REEF | | STATE TRACT 247 175-L (BP01) | | PROVED BEHIND PIPE |
| RED FISH REEF | | STATE TRACT 247 175-L (BP02) | | PROVED BEHIND PIPE |
| RED FISH REEF | | STATE TRACT 246 174D (BP02) | | PROVED BEHIND PIPE |
| RED FISH REEF | | STATE TRACT 247 212 (BP01) | | PROVED BEHIND PIPE |
| RED FISH REEF | | STATE TRACT 247 192 (BP01) | | PROVED BEHIND PIPE |
| RED FISH REEF | | STATE TRACT 247 212 (BP02) | | PROVED BEHIND PIPE |
| RED FISH REEF | | STATE TRACT 225 146 | | PROVED BEHIND PIPE |
| | | | | |
| TRINITY BAY | | TRINITY BAY ST UNIT #1 053 (BP1) | | PROVED BEHIND PIPE |
| TRINITY BAY | | TRINITY BAY ST UNIT #1 135 (BP01) | | PROVED BEHIND PIPE |
| | | | | |
| FISHERS REEF | | STATE TRACT 01-4A ACW #01L | | PROVED UNDEVELOPED |
| FISHERS REEF | | STATE TRACT 01-4A ACW #01U | | PROVED UNDEVELOPED |
| FISHERS REEF | | STATE TRACT 02-3A ACW #04U | | PROVED UNDEVELOPED |
| FISHERS REEF | | STATE TRACT 46 ACW #05U | | PROVED UNDEVELOPED |
| FISHERS REEF | | STATE TRACT 46 ACW #08L | | PROVED UNDEVELOPED |
| FISHERS REEF | | STATE TRACT 46 ACW #08U | | PROVED UNDEVELOPED |
| FISHERS REEF | | STATE TRACT 46 ACW #09L | | PROVED UNDEVELOPED |
FIELD | | LEASE/WELL | | RESERVE CATEGORY |
| FISHERS REEF | | STATE TRACT 01-4B ACW #02 | | PROVED UNDEVELOPED |
| FISHERS REEF | | STATE TRACT 02-3A ACW #04L | | PROVED UNDEVELOPED |
| | | | | |
| RED FISH REEF | | STATE TRACT 200 ACW #12L | | PROVED UNDEVELOPED |
| RED FISH REEF | | STATE TRACT 200 ACW #12U | | PROVED UNDEVELOPED |
| RED FISH REEF | | STATE TRACT 200 ACW #13L | | PROVED UNDEVELOPED |
| RED FISH REEF | | STATE TRACT 200 ACW #01L | | PROVED UNDEVELOPED |
| RED FISH REEF | | STATE TRACT 200 ACW #13U | | PROVED UNDEVELOPED |
| RED FISH REEF | | STATE TRACT 200 ACW #01U | | PROVED UNDEVELOPED |
| RED FISH REEF | | STATE TRACT 200 ACW #03L | | PROVED UNDEVELOPED |
| RED FISH REEF | | STATE TRACT 200 ACW #03U | | PROVED UNDEVELOPED |
| RED FISH REEF | | STATE TRACT 224 ACW #15L | | PROVED UNDEVELOPED |
| RED FISH REEF | | STATE TRACT 224 ACW #15U | | PROVED UNDEVELOPED |
| RED FISH REEF | | STATE TRACT 224 ACW #19L | | PROVED UNDEVELOPED |
| RED FISH REEF | | STATE TRACT 224 ACW #19U | | PROVED UNDEVELOPED |
| RED FISH REEF | | STATE TRACT 224 ACW #23U | | PROVED UNDEVELOPED |
| RED FISH REEF | | STATE TRACT 224 ACW #21L | | PROVED UNDEVELOPED |
| RED FISH REEF | | STATE TRACT 224 ACW #21U | | PROVED UNDEVELOPED |
| RED FISH REEF | | STATE TRACT 224 ACW #22L | | PROVED UNDEVELOPED |
| RED FISH REEF | | STATE TRACT 224 ACW #22U | | PROVED UNDEVELOPED |
| RED FISH REEF | | STATE TRACT 224 ACW #23L | | PROVED UNDEVELOPED |
| RED FISH REEF | | STATE TRACT 225 ACW #05L | | PROVED UNDEVELOPED |
| RED FISH REEF | | STATE TRACT 225 ACW #05U | | PROVED UNDEVELOPED |
FIELD | | LEASE/WELL | | RESERVE CATEGORY |
| RED FISH REEF | | STATE TRACT 225 ACW #07L | | PROVED UNDEVELOPED |
| RED FISH REEF | | STATE TRACT 225 ACW #07U | | PROVED UNDEVELOPED |
| RED FISH REEF | | STATE TRACT 225 ACW #24L | | PROVED UNDEVELOPED |
| RED FISH REEF | | STATE TRACT 225 ACW #26L | | PROVED UNDEVELOPED |
| RED FISH REEF | | STATE TRACT 225 ACW #26U | | PROVED UNDEVELOPED |
| RED FISH REEF | | STATE TRACT 247 ACW #30U | | PROVED UNDEVELOPED |
| RED FISH REEF | | STATE TRACT 246 ACW #27L | | PROVED UNDEVELOPED |
| RED FISH REEF | | STATE TRACT 246 ACW #27U | | PROVED UNDEVELOPED |
| RED FISH REEF | | STATE TRACT 247 ACW #10L | | PROVED UNDEVELOPED |
| RED FISH REEF | | STATE TRACT 247 ACW #10U | | PROVED UNDEVELOPED |
| RED FISH REEF | | STATE TRACT 247 ACW #33L | | PROVED UNDEVELOPED |
| RED FISH REEF | | STATE TRACT 247 ACW #28L | | PROVED UNDEVELOPED |
| RED FISH REEF | | STATE TRACT 247 ACW #28U | | PROVED UNDEVELOPED |
| RED FISH REEF | | STATE TRACT 247 ACW #29L | | PROVED UNDEVELOPED |
| RED FISH REEF | | STATE TRACT 247 ACW #29U | | PROVED UNDEVELOPED |
| RED FISH REEF | | STATE TRACT 247 ACW #30L | | PROVED UNDEVELOPED |
| RED FISH REEF | | STATE TRACT 224 ACW #16U | | PROVED UNDEVELOPED |
| RED FISH REEF | | STATE TRACT 224 ACW #17L | | PROVED UNDEVELOPED |
| RED FISH REEF | | STATE TRACT 224 ACW #18L | | PROVED UNDEVELOPED |
| RED FISH REEF | | STATE TRACT 224 ACW #18U | | PROVED UNDEVELOPED |
| RED FISH REEF | | STATE TRACT 246 ACW #35L | | PROVED UNDEVELOPED |
| RED FISH REEF | | STATE TRACT 246 ACW #35U (BP-02) | | PROVED UNDEVELOPED |
FIELD | | LEASE/WELL | | RESERVE CATEGORY |
| RED FISH REEF | | STATE TRACT 200 ACW #34L | | PROVED UNDEVELOPED |
| RED FISH REEF | | STATE TRACT 200 ACW #34U | | PROVED UNDEVELOPED |
| RED FISH REEF | | STATE TRACT 247 ACW #33U | | PROVED UNDEVELOPED |
| RED FISH REEF | | STATE TRACT 247 119 OFFSET | | PROVED UNDEVELOPED |
| RED FISH REEF | | STATE TRACT 246 ACW #36U | | PROVED UNDEVELOPED |
| RED FISH REEF | | STATE TRACT 246 ACW #36L | | PROVED UNDEVELOPED |
| RED FISH REEF | | STATE TRACT 246 ACW #35L (BP-01) | | PROVED UNDEVELOPED |
| RED FISH REEF | | STATE TRACT 246 ACW #35U | | PROVED UNDEVELOPED |
| RED FISH REEF | | STATE TRACT 246 ACW #40L | | PROVED UNDEVELOPED |
| RED FISH REEF | | STATE TRACT 246 ACW #40U | | PROVED UNDEVELOPED |
| RED FISH REEF | | STATE TRACT 246 ACW #40L (BP-01) | | PROVED UNDEVELOPED |
| RED FISH REEF | | STATE TRACT 204 002 LOC | | PROVED UNDEVELOPED |
| | | | | |
| TRINITY BAY | | TRINITY BAY ST UNIT #1 025A | | PROVED UNDEVELOPED |
EXHIBIT C
(Attached to and made part of Assignment of Overriding Royalty dated as of 7:00 a.m. Central Daylight Savings Time on October 1, 2006, from Masters Resources, L.L.C. and Masters Oil & Gas, L.L.C., to Masters Pipeline, L.L.C.)
PROVED DEVELOPED PRODUCING RESERVES
FIELD | | LEASE/WELL | | RESERVE CATEGORY |
| FISHERS REEF | | ST 2-3A #1 | | PROVED |
| FISHERS REEF | | ST 5-8A #2 | | PROVED |
| FISHERS REEF | | ST 6-7A#1 | | PROVED |
| FISHERS REEF | | ST 5-8A #1 | | PROVED |
| FISHERS REEF | | ST 46 #10 | | PROVED |
| FISHERS REEF | | ST 9-12B #1 | | PROVED |
| FISHERS REEF | | ST 46 #51 | | PROVED |
| FISHERS REEF | | ST 46 # 115 | | PROVED |
| | | | | |
| POINT BOLIVAR NORTH | | ST 343 #9 | | PROVED |
| POINT BOLIVAR NORTH | | ST 343 #14 | | PROVED |
| | | | | |
| RED FISH REEF | | ST 132 #1 | | PROVED |
| RED FISH REEF | | ST 200 #195 | | PROVED |
| RED FISH REEF | | ST 224 #141-U | | PROVED |
| RED FISH REEF | | ST 224 #176 | | PROVED |
| RED FISH REEF | | ST 224 #179 | | PROVED |
| RED FISH REEF | | ST 224 #185 | | PROVED |
| RED FISH REEF | | ST 225 #50 | | PROVED |
| RED FISH REEF | | ST 225 #132 | | PROVED |
| RED FISH REEF | | ST 225 #139 | | PROVED |
| RED FISH REEF | | ST 225 #184 | | PROVED |
| RED FISH REEF | | ST 246 #1 | | PROVED |
| RED FISH REEF | | ST 246 #120 | | PROVED |
| RED FISH REEF | | ST 246 #182 | | PROVED |
| RED FISH REEF | | ST 246 #183 | | PROVED |
| RED FISH REEF | | ST 247 #23 | | PROVED |
| RED FISH REEF | | ST 247 #106 | | PROVED |
| RED FISH REEF | | ST 247 #175-L | | PROVED |
| RED FISH REEF | | ST 247 #188 | | PROVED |
| RED FISH REEF | | ST 247 #198 | | PROVED |
| | | | | |
| TRINITY BAY | | ST UNIT 1#1 | | PROVED |
| TRINITY BAY | | ST UNIT 1#12 | | PROVED |
| TRINITY BAY | | ST UNIT 1#13 | | PROVED |
| TRINITY BAY | | ST UNIT 1#28 | | PROVED |
| TRINITY BAY | | ST UNIT 1#29 | | PROVED |
FIELD | | LEASE/WELL | | RESERVE CATEGORY |
| TRINITY BAY | | ST UNIT 1#32 | | PROVED |
| TRINITY BAY | | ST UNIT 1#35 | | PROVED |
| TRINITY BAY | | ST UNIT 1#37 | | PROVED |
| TRINITY BAY | | ST UNIT 1#38 | | PROVED |
| TRINITY BAY | | ST UNIT 1#51 | | PROVED |
| TRINITY BAY | | ST UNIT 1#63D | | PROVED |
| TRINITY BAY | | ST UNIT 1#64 | | PROVED |
| TRINITY BAY | | ST UNIT 1#68 | | PROVED |
| TRINITY BAY | | ST UNIT 1#75F | | PROVED |
| TRINITY BAY | | ST UNIT 1#122 | | PROVED |
| TRINITY BAY | | ST UNIT 1#124 | | PROVED |
| TRINITY BAY | | ST UNIT 1#130 | | PROVED |
| TRINITY BAY | | ST UNIT 1#133 | | PROVED |
| TRINITY BAY | | ST UNIT 1 #135 | | PROVED |
