DIVISION ORDER
Lasso Energy LLC
PO Box 465
Chase, KS 67524
05/14/2012
| Owner: | Owner Number: | ROCKFORD |
| Rockford 011Corp | Type of Interest: | Working Interest |
| 701- N. Green valley Pkwy | Revenue Interest: | 0.16000000 |
| Ste 200-258 | Billing Interest: | 0.20000000 |
| Henderson, NV 89074 |
| Property Name: | Asmussen |
| Effective Date: | 06/01/2012 |
| Operator: | Lasso Energy LLC |
| Legal Description: | W/2 SEI4, EXCEPT the SE/4 SW/4 SEI4 of Section 16, Township 29 |
| South, Range 4 East (70 Acres) |
| Production | GAS:Y | NGL:Y | OIL:Y | PRD:Y | WTR:Y |
THIS AGREEMENTDOESNOTAMENDANYLEASEOR OPERATINGAGREEMENT BETWEEN THE INTEREST OWNERSAND THE LESSeE OR OPERATOROR ANY OTHER CONTRACTS FOR THE PURCHASE OFOil OR GAS.
The undersignedcertifies theownership of their decimal interestinproduction or proceeds as described above.
TERMS OF SALE:The undersigned will be paid in accordance with thedivision of interests as set above. ThePayor shallpay all parties at the price agreed to by the operator for oiland gas to be sold pursuantto this division order. Purchaser shallcompute quantity and make corrections for gravity and temperature and make deductions for impurities.
PAYMENTS:From the effective date,payments are tobe made by checksofPayor, its successors or assigns,based onthis division of interest, less taxes requiredby lawtobe deducted and remitted by Payor as purchaser. Lease operatingexpenses may bededucted from the payment prior to disbursement to Owner. Payments of less than $100 will beaccrued beforedisbursement until the total amount equals $100 or more, orpaid annually, whichever occurs first.Owner agreestorefund Payor anyamounts attributabletoaninterestorpartof an interest that owner doesnot own.
INDEMNITY:The owner agrees toindemnifyand hold Payor, its successors and assigns, and itsagents,servants and employees harmless from allliability resultingfrom paymentsmade to the owner in accordance with said division of interest, including but not limited to, attorney fees or judgments in connection with any suit that affectstheowner's interest in which Payor is made a party.
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Page 2 of Division Order
DISPUTES·WITHHOLDING OF FUNDS: If a suitis filed that affects the interest of the owner written notice shallbegiven to Payor by theowner together with a copy of thecomplaint or petition filed. Inthe event of a claim ordispute that affects titleto thedivision ofinterest credited herein,Payor is authorized to withholdpaymentsaccruing to such interest, without
interest unless otherwiserequiredby applicable statute until the claim or dispute is settled.
NOTICES:The owner agreesto notify Payor in writingof anychangein thedivision of interest including changes of interest contingent on payment ofmoney orexpiration of time. No change of interest is binding onPayor until the recorded copy of the instrument ofchange ordocuments satisfactorilyevidencingsuch changeare furnished to Payor at thetime the change occurs. Any change of interestshall be made effective on the first day of the month followingreceipt of such noticeby Payor. Any correspondenceregardingthisagreement shall be furnished to the addresses listed unless otherwise advised by either party.
DEFAULT:If a working interest owneris in default in the paymentof its share ofthe lease expenses, operatorof the abovelease,may withhold payment of any monies due the undersigneduntil operatorhas recovered all monies it is due for lease expenses.
In addition to theterms and conditionsof this Division Order, the undersigned and Payor may have certain statutory rightsunder the laws ofthe statein whichthepropertyis located.
| Owner(s) Signature(s): | Owner(s) Tax ID Number(s): | Daytime Phone: |
| /s/ Kevin M Murphy | 45-4855224 | 253-973-7135 |
Witness Signature: /s/ Ken Liebscher
Witness Signature:
FederalLaw requiresyou tofurnish your SocialSecurity orTaxpayerIdentification Number.
Failure to comply will result in 30.5% taxwithholding and willnot be refundableby Payor.
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DIVISION ORDER
Lasso Energy LLC
PO Box 465
Chase, KS 67524
05/14/2012
| Owner: | Owner Number: | ROCKFORD |
| Rockford 011Corp | Type of Interest: | Working Interest |
| 701- N. Green valley Pkwy | Revenue Interest: | 0.28000140 |
| Ste 200-258 | Billing Interest: | 0.35000000 |
| Henderson, NV 89074 |
| Property Name: | Sanders |
| Effective Date: | 06/01/2012 |
| Operator: | Lasso Energy LLC |
| Legal Description: | NS/4 Section 1 Township 25 South Range 14 West |
| Production | GAS:Y | NGL:Y | OIL:Y | PRD:Y | WTR:Y |
THIS AGREEMENTDOESNOTAMENDANYLEASEOR OPERATINGAGREEMENT BETWEEN THE INTEREST OWNERSAND THE LESSeE OR OPERATOROR ANY OTHER CONTRACTS FOR THE PURCHASE OFOil OR GAS.
The undersignedcertifies theownership of their decimal interestinproduction or proceeds as described above.
TERMS OF SALE:The undersigned will be paid in accordance with thedivision of interests as set above. ThePayor shallpay all parties at the price agreed to by the operator for oiland gas to be sold pursuantto this division order. Purchaser shallcompute quantity and make corrections for gravity and temperature and make deductions for impurities.
PAYMENTS:From the effective date,payments are tobe made by checksofPayor, its successors or assigns,based onthis division of interest, less taxes requiredby lawtobe deducted and remitted by Payor as purchaser. Lease operatingexpenses may bededucted from the payment prior to disbursement to Owner. Payments of less than $100 will beaccrued beforedisbursement until the total amount equals $100 or more, orpaid annually, whichever occurs first.Owner agreestorefund Payor anyamounts attributabletoaninterestorpartof an interest that owner doesnot own.
INDEMNITY:The owner agrees toindemnifyand hold Payor, its successors and assigns, and itsagents,servants and employees harmless from allliability resultingfrom paymentsmade to the owner in accordance with said division of interest, including but not limited to, attorney fees or judgments in connection with any suit that affectstheowner's interest in which Payor is made a party.
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Page 2 of Division Order
DISPUTES·WITHHOLDING OF FUNDS: If a suitis filed that affects the interest of the owner written notice shallbegiven to Payor by theowner together with a copy of thecomplaint or petition filed. Inthe event of a claim ordispute that affects titleto thedivision ofinterest credited herein,Payor is authorized to withholdpaymentsaccruing to such interest, without
interest unless otherwiserequiredby applicable statute until the claim or dispute is settled.
NOTICES:The owner agreesto notify Payor in writingof anychangein thedivision of interest including changes of interest contingent on payment ofmoney orexpiration of time. No change of interest is binding onPayor until the recorded copy of the instrument ofchange ordocuments satisfactorilyevidencingsuch changeare furnished to Payor at thetime the change occurs. Any change of interestshall be made effective on the first day of the month followingreceipt of such noticeby Payor. Any correspondenceregardingthisagreement shall be furnished to the addresses listed unless otherwise advised by either party.
DEFAULT:If a working interest owneris in default in the paymentof its share ofthe lease expenses, operatorof the abovelease,may withhold payment of any monies due the undersigneduntil operatorhas recovered all monies it is due for lease expenses.
In addition to theterms and conditionsof this Division Order, the undersigned and Payor may have certain statutory rightsunder the laws ofthe statein whichthepropertyis located.
| Owner(s) Signature(s): | Owner(s) Tax ID Number(s): | Daytime Phone: |
| /s/ Kevin M Murphy | 45-4855224 | 253-973-7135 |
Witness Signature: /s/ Ken Liebscher
Witness Signature:
FederalLaw requiresyou tofurnish your SocialSecurity orTaxpayerIdentification Number.
Failure to comply will result in 30.5% taxwithholding and willnot be refundableby Payor.
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DIVISION ORDER
Lasso Energy LLC
PO Box 465
Chase, KS 67524
08/28/2012
| Owner: | Owner Number: | ROCKFORD |
| Rockford 011Corp | Type of Interest: | Working Interest |
| P.O. Box 363 | Revenue Interest: | 0.12750000 |
| Fox Island, WA 98333 | Billing Interest: | 0.15000000 |
| Property Name: | Anderson |
| Effective Date: | 09/01/2012 |
| Operator: | Lasso Energy LLC |
| Legal Description: | Barton County, Kansas: |
| NorthwestQuarter(NW/4)of28-T20S-RI2W | |
| (Section 28,Township20South,Range12West); | |
| Containing 160 acres, more or less |
| Production | GAS:Y | NGL:Y | OIL:Y | PRD:Y | WTR:Y |
THIS AGREEMENTDOESNOTAMENDANYLEASEOR OPERATINGAGREEMENT BETWEEN THE INTEREST OWNERSAND THE LESSeE OR OPERATOROR ANY OTHER CONTRACTS FOR THE PURCHASE OFOil OR GAS.
The undersignedcertifies theownership of their decimal interestinproduction or proceeds as described above, payable by Lasso Energy LLC (Payor),
TERMS OF SALE:The undersigned will be paid in accordance with thedivision of interests as set above. ThePayor shallpay all parties at the price agreed to by the operator for oiland gas to be sold pursuantto this division order. Purchaser shallcompute quantity and make corrections for gravity and temperature and make deductions for impurities.
PAYMENTS:From the effective date,payments are tobe made by checksofPayor, its successors or assigns,based onthis division of interest, less taxes requiredby lawtobe deducted and remitted by Payor as purchaser. Lease operatingexpenses may bededucted from the payment prior to disbursement to Owner. Payments of less than $100 will beaccrued beforedisbursement until the total amount equals $100 or more, orpaid annually, whichever occurs first.Owner agreestorefund Payor anyamounts attributabletoaninterestorpartof an
interest that owner doesnot own.
INDEMNITY:The owner agrees toindemnifyand hold Payor, its successors and assigns, and itsagents,servants and employees harmless from allliability resultingfrom paymentsmade to the owner in accordance with said division of interest, including but not limited to, attorney fees or judgments in connection with any suit that affectstheowner's interest in which Payor is made a party.
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Page 2 of Division Order
DISPUTES·WITHHOLDING OF FUNDS: If a suitis filed that affects the interest of the owner written notice shallbegiven to Payor by theowner together with a copy of thecomplaint or petition filed. Inthe event of a claim ordispute that affects titleto thedivision ofinterest credited herein,Payor is authorized to withholdpaymentsaccruing to such interest, without
interest unless otherwiserequiredby applicable statute until the claim or dispute is settled.
NOTICES:The owner agreesto notify Payor in writingof anychangein thedivision of interest including changes of interest contingent on payment ofmoney orexpiration of time. No change of interest is binding onPayor until the recorded copy of the instrument ofchange ordocuments satisfactorilyevidencingsuch changeare furnished to Payor at thetime the change occurs. Any change of interestshall be made effective on the first day of the month followingreceipt of such noticeby Payor. Any correspondenceregardingthisagreement shall be furnished to the addresses listed unless otherwise advised by either party.
DEFAULT:If a working interest owneris in default in the paymentof its share ofthe lease expenses, operatorof the abovelease,may withhold payment of any monies due the undersigneduntil operatorhas recovered all monies it is due for lease expenses.
In addition to theterms and conditionsof this Division Order, the undersigned and Payor may have certain statutory rightsunder the laws ofthe statein whichthepropertyis located.
| Owner(s) Signature(s): | Owner(s) Tax ID Number(s): | Daytime Phone: |
| /s/ Kevin M Murphy | 45-4855224 | 253-973-7135 |
Witness Signature: /s/ Ken Liebscher
Witness Signature:
FederalLaw requiresyou tofurnish your SocialSecurity orTaxpayerIdentification Number.
Failure to comply will result in 30.5% taxwithholding and willnot be refundableby Payor.
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