Exhibit 10.14
TRANSACTION CONFIRMATION DATED DECEMBER 14, 2004
BETWEEN ATLAS AMERICA, INC. AND UGI ENERGY SERVICES, INC.
D/B/A/ GASMARK
BETWEEN ATLAS AMERICA, INC. AND UGI ENERGY SERVICES, INC.
D/B/A/ GASMARK
Revised EXHIBIT A
TRANSACTION CONFIRMATION
FOR IMMEDIATE DELIVERY
FOR IMMEDIATE DELIVERY
| Atlas America, Inc. | Date: December 14, 2004 | |
| Transaction Confirmation | ||
| #: |
This Transaction Confirmation is subject to the Base Contract between Seller and Buyer dated November 13, 2002. The terms of this Transaction Confirmation are binding unless disputed in writing within 2 Business Days of receipt unless otherwise specified in the Base Contract.
| SELLER: | BUYER: | |
| Atlas America, Inc. | UGI Energy Services, | |
| 311 Rouser Corp. | Inc. d/b/a GASMARK | |
| Moon Two, PA 15108 | 1100 Berkshire | |
| Attn: Michael Brecko | Blvd., Suite 305 | |
| Phone: 412-262-2830x126 | Wyomissing, PA 19610 | |
| Fax: 412-262-3927 | Attn: Robert Meder | |
| Base Contract No. | Phone: 610-373-7989 | |
| Transporter: | Fax: 610-374-4288 | |
| Transporter Contract Number: | Base Contract No. Transporter: |
Transporter Contract Number:
Contract Price $ /MMBtu or NYMEX LDS plus $.75 payable on Adjusted Mcfs.
Delivery Period: Begin: June 1, 2005 End: March 31, 2007
Performance Obligation and Contract Quantity: (Select One)
| Firm (Fixed Quantity): | Firm (Variable Quantity) | Interruptible: | ||
MMBtus/day | 2,500 MMBtus/day | Up to MMBtus/day | ||
[ ] EFP | subject to Section 4.2 | |||
| at election of | ||||
| [ ] Buyer or [ ] Seller |
Delivery Point(s): Various meters located on Dominion East Ohio’s pipeline system
(If a pooling point is used, list a specific geographic and pipeline location):
Special Conditions: Additional walls may be added upon mutual consent of the parties. All gas produced under this agreement shall be produced from wells located within the state of Ohio. Atlas America shall have trigger rights to lock in prices. Adjusted Mcfs are the actual Mcfs at the meter converted to MMBtu’s using a conversion factor of 1.109 to get total MMBtu’s. The total MMBtu’s are converted to Adjusted Mcfs by dividing the MMBtu’s by a factor of 1.036. These conversion factors are set by Dominion East Ohio and are subject to change by Dominion East Ohio.
Atlas America has chosen to lock in prices on the volumes produced each month as per the attached “Confirmation of Price Locks”.
All volumes sold in excess of the locked in volumes shall continue to be priced as per the pricing clause above.
Seller: Atlas America, Inc. Buyer: UGI Energy Services, Inc., d/b/a GASMARK
| By: | By: | |||||||||
| Title: | Title: | Vice President, Gas Supply & Risk Management | ||||||||
| Date: | Date: | |||||||||
Copyright (C) 2002 North American
Energy Standards Board, Inc. NAESB Standard 6.3.1 All Rights Reserved Page 1 of 10 April 19, 2002
Revised EXHIBIT A
TRANSACTION CONFIRMATION
FOR IMMEDIATE DELIVERY
FOR IMMEDIATE DELIVERY
| Atlas America, Inc. | Date: December 14, 2004 | |
| Transaction Confirmation | ||
| #: |
This Transaction Confirmation is subject to the Base Contract between Seller and Buyer dated November 13, 2002. The terms of this Transaction Confirmation are binding unless disputed in writing within 2 Business Days of receipt unless otherwise specified in the Base Contract.
| SELLER: | BUYER: | |
| Atlas America, Inc. | UGI Energy Services, | |
| 311 Rouser Corp. | Inc. d/b/a GASMARK | |
| Moon Two, PA 15108 | 1100 Berkshire Blvd., Suite 305 | |
| Attn: Michael Brecko | Wyomissing, PA 19610 | |
| Phone: 412-262-2830x126 | Attn: Robert Meder | |
| Fax: 412-262-3927 | Phone: 610-373-7999 | |
| Base Contract No. | Fax: 610-374-4288 | |
| Transporter: | Base Contract No. | |
| Transporter Contract Number: | Transporter: |
Transporter Contract Number:
Contract Price $ /MMBtu or NYMEX LDS plus $.385 per Dth
Delivery Period: Begin: April 1, 2006 End: March 31, 2007
Performance Obligation and Contract Quantity: (Select One)
| Firm (Fixed Quantity): | Firm (Variable Quantity) | Interruptible: | ||
MMBtus/day | 20,000 MMBtus/day | Up to MMBtus/day | ||
| [ ] EFP | subject to Section 4.2 | |||
| at election of | ||||
| [ ] Buyer or [ ] Seller |
Delivery Point(s): Texas Eastern Meter Number 73133, Station Name of Prah and the Joseph Meter in Market area M2
(If a pooling point is used, list a specific geographic and pipeline location):
Special Conditions: Additional wells may be added upon mutual consent of the parties. All gas produced under this agreement shall be produced from wells located within the Commonwealth of Pennsylvania. Atlas America shall have trigger rights to lock in prices.
Atlas America has chosen to lock in prices on the volumes produced each month as per the attached “Confirmation of Price Locks”.
All volumes sold in excess of any locked in volumes shall continue to be priced as per the pricing clause above.
Seller: Atlas America, Inc. Buyer: UGI Energy Services, Inc.,d/b/a GASMARK
| By: | By: | |||||||||
| Title: | Title: | Vice President, Gas Supply & Risk Management | ||||||||
| Date: | Date: | |||||||||
Copyright (C) 2002 North American
Energy Standards Board, Inc. NAESB Standard 6.3.1 All Rights Reserved Page 1 of 10 April 19, 2002