CROFF ENTERPRISES, INC.
PLAN OF CORPORATE DIVISION AND REORGANIZATION
OCTOBER 25, 2007
Plan of Corporate Division and Reorganization adopted by the Croff Enterprises, Inc. (“Croff”) Board of Directors, pursuant to unanimous approval by resolution of the board of directors on September 27, 2007.
1.0 Name and General Description of Plan.
This Plan of Corporate Division and Reorganization (hereafter the “Plan”), as adopted, involves the creation of a related private Utah corporation to be organized and known as Croff Oil Company (“Croff Oil”). The Plan calls for the transfer of all preferred “B” pledged assets (oil and gas assets of Croff Enterprises as more particularly set-out in the attached and incorporated Schedule “A”), and liabilities to Croff Oil for the consideration of each existing preferred “B” shareholder of Croff being entitled to receive one restricted common share of Croff Oil for each preferred “B” shares currently held. Three of the current directors of Croff, Mr. Gerald L. Jensen, Mr. Richard Mandel, Jr. and Mr. Julian D. Jensen have agreed to be named and to serve on the initial interim board of directors for Croff Oil and to designate management of the new entity primarily from their own membership. The Croff preferred “B” shares would then be cancelled of record. Each preferred “B” shareholder would be given a notice of this Plan pursuant to the shareholders list as of November, 2007, and will be afforded an opportunity and request to tender “B” shares for Croff Oil restricted common shares on a one-to-one basis. All further transfers of preferred “B” shares will be cancelled as of that date. The Plan also provides, as more particularly set-out below, a provision for future exchange of cancelled preferred “B” shares rights for Croff Oil common shares and subsequent treatment of all preferred “B” shares not exchanged in 2007 to remain as a right to exchange within the designated period of time provided under the Utah statutes. Croff Enterprises would continue on as a public “shell” corporation seeking various merger or acquisition or other reorganization opportunities. This Plan of Corporate Division and Reorganization will subsequently be designated for the purposes of this document simply as “The Plan”. The Plan will become effective and close pursuant to a submitted proxy statement which will be distributed to all shareholders of record for majority approval, along with reelection of the Croff Enterprises Board and ratification of its selection of an independent auditor (“The Proxy”). Upon majority shareholder approval, the Plan will be immediately effective. This paragraph is intended to constitute only a general description of the Plan, which is more fully set-out below.
2.0 Dissenting Shareholder Rights.
The Board has determined, in consultation with its legal counsel, that all Croff Enterprises shareholders will be entitled under Utah law, Utah Code Annotated §16-10a-1301-1331, to an opportunity to exercise dissenting shareholder rights under the Utah Code provisions. In essential terms, these dissenting shareholder rights will include:
| | · | A determination to value the Croff preferred “B” shares for cash redemption purposes by the Board at $4.25/share. |
| | · | A determination to value the common Croff shares for dissenting shareholder redemption purposes at $1.50/share. |
| | · | A preparation and dissemination to all Croff shareholders of a standard form dissenting shareholder notice packet and election form to be included as part of the proxy materials with applicable code provisions attached and as further outlined below. |
The Board further understood and includes as part of this Plan its’ understanding that if a Croff shareholder wishes to dissent, the proxy materials should clearly describe that any such shareholder should not vote upon or approve the balance of the Plan dealing with the corporate division, asset transfer and the termination of the preferred “B” shares. Thereafter, dissenting shareholders may elect to exercise their dissenting shareholder rights for cash which would be paid by Croff within the prescribed time limits and manner under Utah law. Should any shareholder not agree to the valuation of the preferred “B” and/or common shares determined by the Board, as described above, the shareholder package will describe their right to proffer an alternative valuation and the right of the Croff to either accept and reject such alternative valuation and with an ultimate right to seek judicial determination concerning valuation of the shares. All of these provisions will be set-out in the dissenting shareholder packet and also include the required provisions under the Utah Code to be attached. The Board has determined, as part of the Plan, that the president of the company in consultation with legal counsel may prepare the dissenting shareholder package as part of the proxy process without further direct Board review, so long as prepared and distributed in accordance with this Plan.
3.0 Preferred “B” Redemption Rights and Procedures.
As part of the Plan, the Board has determined that the proxy materials will contain a notice and request for preferred “B” shareholders to return their restricted cancelled preferred “B” shares, if not exercising dissenting shareholder rights, in exchange for the Croff Oil restricted common shares. The common shares will be restricted as they will not be subject to any registration and are believed by the Board, upon consultation with its legal counsel, to be issued pursuant to this reorganization as shares exempt from registration under federal and state law. Any preferred “B” shares, after the closing of the Plan of Reorganization, shall be exchanged one-to-one without cost to shareholders for restricted common shares of Croff Oil. However, if “B” preferred shares are not received within a period as prescribed by Utah law for “lost and abandoned” property (generally being a period of five (5) years); Croff may then tender any remaining preferred “B” redemption rights and resulting common shares of Croff Oil to the State of Utah for further notice to shareholders and potential escheat to the State of Utah. A general notice and description of this process as part of the proxy statement, shall be to be mailed to all shareholders of record, but will not require any further or subsequent notice to shareholders who cannot be found based upon the current official shareholder (common and preferred “B” lists) of Croff as employed for the proxy solicitation. Reasonable efforts, using online search firms, to find such shareholders will continue, until there is sufficient evidence of not less than two non-deliveries to any shareholder of Croff.
4.0 Adoption of and Implementation the Plan.
This Plan will not be executed until after receiving a majority shareholder approval of both the Croff common and preferred “B” shareholders as more particularly set-out in the intended proxy solicitation. The Board will separately review and approve by resolution the proxy solicitation to be prepared in accordance with this Plan along with the proxy ballots to be employed and the notice provisions to be utilized. The Board confers on its president, in consultation with Croff’s legal counsel, the right to organize and file the Articles of Croff Oil Company, to issue shares to be distributed and to sign related documents and to take all other reasonable and necessary steps to implement the Plan consistent with the terms set-out herein without further Board review.
5.0 Board Intent.
It is the intent of the Board by the adoption this Plan to transfer the oil and gas assets to a private entity with the same relative ownership percentage interest of the Croff preferred “B” shareholders as currently exists in Croff Enterprises. The shareholders of Croff Enterprises holding preferred “B” shares would continue to hold their common shares in the same proportion as held previous to the Plan and are not believed to be diluted or otherwise adversely affected by this Plan. In addition, it is the position of the Board that the transfer of the oil and gas assets may enhance and improve the probability of Croff Enterprises finding more suitable and appropriate merger, acquisition or reorganization candidates to go forward with its intended business purpose of finding such a candidate and in completing a acceptable Plan of Merger, acquisition or other reorganization; but, without any reduction to or diminution of Croff shareholder rights or value in the oil and gas assets or voting control in Croff Enterprises.
It is the further intent of the Board in adopting this Plan that the closing of the Plan of Reorganization be completed and assets transferred legally and beneficially of record as soon as possible after the proxy solicitation and assuming majority approval of such proxy solicitation is obtained. The President/CEO of the company, Mr. Gerald L. Jensen, will be given broad discretion to notice the closing and to sign all documents or other evidence of transfer or assignment on behalf of Croff Enterprises consistent with the terms and provision of this Plan as previously set-out. The president, without further Board approval or review, may prepare and have approved all ancillary documents of assignment, transfer and closing, including bills of sale or other provisions consistent with this Plan as approved.
6.0 Distribution of Plan.
This Plan, as signed, shall be deemed fully adopted and is intended to be attached to and be part of the proxy solicitation sent to shareholders of record of Croff Enterprises and may be filed without further board review or approval as one of the exhibits to the proxy solicitation.
7.0 Miscellaneous.
7.1 This Plan shall be applied and construed in accordance with Utah law.
7.2 The president/CEO of Croff shall have broad discretion and authority to implement this Plan and execute such other documents as reasonably consistent with the terms and provisions of this Plan.
7.3 The Plan may also be amended or modified by board approval as may be necessary to the proxy solicitation approval process with a copy of any amendment or supplement being attached.
7.4 Should there be required any interpretation or application of this Plan, it is the intent of the Board that all terms be given reasonable construction and the Plan be implemented so far as possible notwithstanding any error in syntax, grammar, gender or other usage, or any conflicting, void or voidable provisions or ambiguity.
7.5 The Plan shall fully incorporate and be subject to all provisions of Utah law, whether specifically cited or not, and its terms shall be deemed amended as necessary without further board approval to conform with any Utah statutory provision.
ADOPTED this 25th day of October, 2007.
By the Board of Directors:
/s/ Gerald L. Jensen
Gerald L. Jensen, Director and Chairman of the Board
/s/ Richard Mandel, Jr.
Richard Mandel, Jr., Director
/s/ Julian D. Jensen
Julian D. Jensen, Director
/s/ Harvey Fenster
Harvey Fenster, Director
Schedule A
Summary Description of Croff
Oil and Gas Assets to be Transferred
October 22, 2007
Croff Preferred B Assets
The Croff Preferred B assets shall consist of all tangible and intangible oil and gas assets and liabilities belonging to Croff Enterprises, Inc. These shall include all perpetual mineral interests, all leases, all producing and non-producing wells on those leases, and all intangible rights connected to such properties including the banking accounts for the Preferred B assets and the accounts receivable and other intangible rights and assets in connection therewith, and all liabilities, debts, encumbrances, payables, and liabilities of any nature whatsoever, directly or indirectly connected with the above assets. A list of the wells and counties in which leases are located, constituting substantially all of the existing wells, are attached hereto as Schedule A-1 and Schedule A-2.
Schedule A-1
All leases, all producing and non-producing wells on those leases, and all intangible rights connected to such properties in the following states and counties including but not limited to:
| | STATE |
| LAMAR | | AL |
| LA PLATA | | CO |
| ROUTT | | CO |
| RIO BLANCO | | CO |
| WASHINGTON | | CO |
| OTSEGO | | MI |
| OSCEOLA | | MI |
| INGHAM | | MI |
| CHEBOYGAN | | MI |
| DAWSON | | MT |
| GLACIER | | MT |
| BILLINGS | | ND |
| BURKE | | ND |
| MCKENZIE | | ND |
| MOUNTRAIL | | ND |
| WILLIAMS | | ND |
| LEA | | NM |
| RIO ARRIBA | | NM |
| BEAVER | | OK |
| KINGFISHER | | OK |
| LE FLORE | | OK |
| MAJOR | | OK |
| WOODWARD | | OK |
| MIDLAND | | TX |
| DE WITT | | TX |
| HARDEN | | TX |
| NUECES | | TX |
| WHARTON | | TX |
| CARBON | | UT |
| DUCHESNE | | UT |
| WASATCH | | UT |
| UINTAH | | UT |
| LINCOLN | | WY |
| SUBLETTE | | WY |
| CAMPBELL | | WY |
| CROOK | | WY |
| NATRONA | | WY |
| SUBLETT | | WY |
| SWEETWATER | | WY |
| CARBON | | WY |
Schedule A-2
All perpetual mineral interests, all leases, all producing and non-producing wells on those leases, and all intangible rights connected to such properties in the following states and counties including but not limited to:
| NAME | STATE | COUNTY | WI | NRI | ORRI | RI |
| BRADFORD E L 19-15 | AL | LAMAR | 0.0052084 | 0.0044148 | N/A | N/A |
| BURNS 1-29 | CO | WASHINGTON | 0.1875 | 0.1640625 | N/A | N/A |
| LONGKNIFE | CO | WASHINGTON | | | |
| CRAIG K GU/A/1 APO,2 | CO | LA PLATA | N/A | N/A | N/A | 0.0035578 |
| CRAIG K GU/A/1 APO,2 | CO | LA PLATA | N/A | N/A | N/A | 0.0035578 |
| EVERETT JONES GU #1, #2 | CO | LA PLATA | N/A | N/A | N/A | 0.0009205 |
| EVERETT JONES GU #1, #2 | CO | LA PLATA | N/A | N/A | N/A | 0.0024427 |
| GROFF GU /A/#2 | CO | LA PLATA | N/A | N/A | N/A | 0.0022273 |
| GROFF GU /A/SEC 29 | CO | LA PLATA | N/A | N/A | N/A | 0.0022273 |
| JONES 1-11 | CO | ROUTT | 0.05 | N/A | N/A | N/A |
| KELLY, ROGER D GU/#1 | CO | LA PLATA | N/A | N/A | N/A | 0.0023438 |
| KELLY, ROGER D GU/#1 | CO | LA PLATA | N/A | N/A | N/A | 0.0023438 |
| KELLY, ROGER D GU/#2 | CO | LA PLATA | N/A | N/A | N/A | 0.0023438 |
| KELLY, ROGER D GU/#2 | CO | LA PLATA | N/A | N/A | N/A | 0.0023438 |
| LINDNER SLATEN GU/A/1,2 | CO | LA PLATA | N/A | N/A | N/A | 0.0010326 |
| LINDNER SLATEN GU/A/1,2 | CO | LA PLATA | N/A | N/A | N/A | 0.0010326 |
| TURNER SECURITIES GU/A#1 | CO | LA PLATA | N/A | N/A | N/A | 0.0023438 |
| TURNER SECURITIES GU/A#1 | CO | LA PLATA | N/A | N/A | N/A | 0.0023438 |
| TURNER SECURITIES GU/A#2 | CO | LA PLATA | N/A | N/A | N/A | 0.0023438 |
| TURNER SECURITIES GU/A#2 | CO | LA PLATA | N/A | N/A | N/A | 0.0023438 |
| ZELLITTI GU/A 1,2 | CO | LA PLATA | N/A | N/A | N/A | 0.0023438 |
| ZELLITTI GU/A 1,2 | CO | LA PLATA | N/A | N/A | N/A | 0.0023438 |
| CHARLTON EAST | MI | OTSEGO | 0.0032376 | 0.0026097 | 0.0078463 | N/A |
| MARION 1-36 | MI | OSCEOLA | 0.0081389 | 0.0067289 | N/A | N/A |
| MARION 2-36 | MI | OSCEOLA | 0.0019116 | 0.0015959 | N/A | N/A |
| SCHEFFLER 1-29 | MI | INGHAM | 0.5225 | 0.406175 | N/A | N/A |
| ST FOREST 1 14 | MI | CHEBOYGAN | 0.2 | 0.175 | N/A | N/A |
| SUNBELT INVESTMENTS 1-28 | MI | INGHAM | 0.5053125 | 0.3927688 | N/A | N/A |
| BN A #1 | MT | DAWSON | 0.0627812 | 0.0511739 | N/A | N/A |
| BRATCHER FORTHUN 1-5R | ND | - | 0.0437507 | 0.0343713 | 0.0003685 | N/A |
| BRENNA 42-14 | ND | MCKENZIE | 0.0625 | 0.0427734 | N/A | N/A |
| DOLAN 7-28 | ND | MOUNTRAIL | N/A | N/A | 0.0036562 | N/A |
| GLASS BLUFF UNIT | ND | - | N/A | N/A | N/A | 0.0001895 |
| LEE 1-21 | ND | - | N/A | N/A | 0.0080666 | N/A |
| NOVAK 25-11 | ND | MCKENZIE | 0.097084 | 0.079737 | N/A | N/A |
| STENEHJEM L M #1 | ND | MCKENZIE | 0.0014605 | 0.001209 | N/A | N/A |
| HAGER #1 | NM | LEA | N/A | 0.0046875 | N/A | N/A |
| HAGER #1 | NM | LEA | 0.0058594 | 0.0046875 | N/A | N/A |
| SAN JUAN 29-7 63C-DK | NM | RIO ARRIBA | N/A | N/A | 0.000375 | N/A |
| SAN JUAN 29-7 DAKOTA TR 2 | NM | RIO ARRIBA | N/A | N/A | 0.003 | N/A |
| SAN JUAN 29-7 DK: TR 11 GAS | NM | RIO ARRIBA | N/A | N/A | 0.003 | N/A |
| SAN JUAN 29-7 DK: TR 11 OIL | NM | RIO ARRIBA | N/A | N/A | 0.005 | N/A |
| SAN JUAN 29-7 FRT COAL TR 11 | NM | RIO ARRIBA | N/A | N/A | 0.005 | N/A |
| SAN JUAN 29-7 FRT COAL TR 2 | NM | RIO ARRIBA | N/A | N/A | 0.005 | N/A |
| SAN JUAN 29-7 MESAVERDE TR 11 | NM | RIO ARRIBA | N/A | N/A | 0.005 | N/A |
| SAN JUAN 29-7 MESAVERDE TR 2 | NM | RIO ARRIBA | N/A | N/A | 0.005 | N/A |
| SAN JUAN 29-7 PC: TR 11 | NM | RIO ARRIBA | N/A | N/A | 0.005 | N/A |
| SAN JUAN 29-7 PC: TR 2 | NM | RIO ARRIBA | N/A | N/A | 0.005 | N/A |
| SAN JUAN 29-7 UNIT 82B-DK GAS | NM | RIO ARRIBA | N/A | N/A | 0.0015124 | N/A |
| SAN JUAN 29-7 UT 155 | NM | RIO ARRIBA | N/A | N/A | 0.0025 | N/A |
| SAN JUAN 29-7 UT 37A | NM | RIO ARRIBA | N/A | N/A | 0.00375 | N/A |
| SAN JUAN 29-7 UT 67A | NM | RIO ARRIBA | N/A | N/A | 0.0075 | N/A |
| SAN JUAN 29-7 UT NP 561 | NM | RIO ARRIBA | N/A | N/A | 0.0011875 | N/A |
| DICKERSON 1-34 | OK | WOODWARD | 0.3013683 | 0.2563415 | N/A | N/A |
| DUNCAN 1-21 | OK | LA FLORE | 0.3294784 | 0.243857 | N/A | N/A |
| DUNCAN 2-21 | OK | LA FLORE | 0.49 | 0.3601383 | N/A | N/A |
| DURFEY 1-14 | OK | BEAVER | 0.0693359 | 0.0579253 | N/A | N/A |
| HARPER 1-20 | OK | WOODWARD | 0.1301756 | 0.0945202 | N/A | N/A |
| ISAAC 1-7 | OK | BEAVER | 0.0231193 | 0.0174695 | N/A | N/A |
| MILLER 1-29 | OK | WOODWARD | 0.1631522 | 0.1255946 | N/A | 0.000883 |
| MILLER OSWEGO 1-29 | OK | WOODWARD | 0.1871843 | 0.1443242 | N/A | 0.000883 |
| MUEGGENBORG 1C | OK | KINGFISHER | 0.4331419 | 0.32995 | N/A | N/A |
| OLSON 1-24 | OK | MAJOR | 0.0255 | 0.0223803 | N/A | N/A |
| KEISHA #1 | TX | - | 0.005 | 0.004375 | N/A | N/A |
| KEISHA #1 | TX | - | N/A | 0.004375 | N/A | N/A |
| KRIS #1 | TX | - | 0.01 | 0.00875 | N/A | N/A |
| KRIS #1 | TX | - | N/A | 0.00875 | N/A | N/A |
| LAY A | TX | MIDLAND | N/A | 0.0031641 | N/A | N/A |
| LAY A | TX | MIDLAND | 0.0031641 | 0.0031641 | N/A | N/A |
| LAY B #1 | TX | MIDLAND | N/A | 0.0031641 | N/A | N/A |
| LAY B #1 | TX | MIDLAND | 0.0031641 | 0.0031641 | N/A | N/A |
| PATOS GAS UNIT #1 | TX | - | N/A | N/A | 0.0052119 | N/A |
| PICA D-1 | TX | - | 0.1 | 0.075 | N/A | N/A |
| STRAWN #1 | TX | - | 0.01 | 0.0075 | N/A | N/A |
| ALEX MUELLER | TX | DE WITT | 0.6 | N/A | N/A | N/A |
| MARY KORTH | TX | DE WITT | 0.6 | N/A | N/A | N/A |
| RESPONDEK#1 | TX | DE WITT | 0.6 | N/A | N/A | N/A |
| WEISCHWILL #1 | TX | DE WITT | 0.6 | N/A | N/A | N/A |
| WIGGINS, A C | TX | DE WITT | 0.2446229 | 0.1755179 | N/A | N/A |
| WILSON EST 1 | TX | - | 0.063 | 0.04725 | N/A | N/A |
| ALBERT SMITH 2-8C5 | UT | DUCHESNE | N/A | N/A | N/A | 0.000684 |
| BELCHER 2-33B4 | UT | DUCHESNE | N/A | N/A | N/A | 0.003277 |
| BISEL GURR 1-11A1 | UT | UINTAH | N/A | N/A | N/A | 0.0002787 |
| BISEL GURR 2-11A1 | UT | UINTAH | N/A | N/A | N/A | 0.0002787 |
| BLEAZARD 2-18 B4 | UT | DUCHESNE | N/A | N/A | N/A | 0.0018187 |
| BODRERO 1-15B3 | UT | DUCHESNE | N/A | N/A | N/A | 0.0003906 |
| BODRERO 2-15B3 | UT | DUCHESNE | N/A | N/A | N/A | 0.0003906 |
| BOLTON 2-29A1E | UT | UINTAH | N/A | N/A | N/A | 0.0005951 |
| BOREN 1-14A2 | UT | DUCHESNE | N/A | N/A | N/A | 0.000897 |
| BOREN 1-24A2 | UT | DUCHESNE | N/A | N/A | N/A | 0.000256 |
| BOREN 3-11A2 | UT | DUCHESNE | N/A | N/A | N/A | 0.000897 |
| BOREN 3-15A2 | UT | DUCHESNE | N/A | N/A | N/A | 0.001025 |
| BOREN 4-23A2 | UT | DUCHESNE | N/A | N/A | N/A | 0.001547 |
| BOREN 4-9A2 | UT | DUCHESNE | N/A | N/A | N/A | 0.0007291 |
| BOREN 5-22A2 | UT | DUCHESNE | N/A | N/A | N/A | 0.002243 |
| BOWEN BASTIAN 1-14 | UT | UINTAH | N/A | N/A | N/A | 0.0004052 |
| BOWMAN 5-5A2 | UT | DUCHESNE | N/A | N/A | N/A | 0.0014475 |
| BROTHERSON 2-10 B4 | UT | DUCHESNE | N/A | N/A | N/A | 0.0012153 |
| BROTHERSON 2-22 B4 | UT | DUCHESNE | N/A | N/A | N/A | 0.0006076 |
| BROTHERSON 2-2B5 | UT | DUCHESNE | N/A | N/A | N/A | 0.0006222 |
| BROTHERSON 2-35B5 | UT | DUCHESNE | N/A | N/A | N/A | 0.0002886 |
| CHANDLER 2-5B4 | UT | DUCHESNE | N/A | N/A | N/A | 0.0004361 |
| CHANDLER UNIT 1-5 B4 | UT | DUCHESNE | N/A | N/A | N/A | 0.0004361 |
| CHAPMAN 2-4B2 | UT | DUCHESNE | N/A | N/A | N/A | 0.001946 |
| CHRISTENSEN 2-29A4 | UT | DUCHESNE | N/A | N/A | N/A | 0.0004559 |
| CHRISTENSEN 2-8B3 | UT | DUCHESNE | N/A | N/A | N/A | 0.0009398 |
| CLYDE MURRAY 1-2A2 | UT | DUCHESNE | 0.0036253 | 0.0031721 | N/A | 0.0013654 |
| CORNABY 2-14A2 (RECOMP) | UT | DUCHESNE | N/A | N/A | N/A | 0.000897 |
| COX 2-36A2 | UT | DUCHESNE | N/A | N/A | N/A | 0.002535 |
| CROOK UNIT 1-6B4 | UT | DUCHESNE | N/A | N/A | N/A | 0.0004735 |
| CWU | UT | UINTAH | N/A | N/A | 0.0021375 | N/A |
| CWU | UT | UINTAH | N/A | N/A | 0.0021375 | N/A |
| DASTRUP 2-30A3 | UT | DUCHESNE | N/A | N/A | N/A | 0.000346 |
| DAVID 3-7B2 | UT | DUCHESNE | N/A | N/A | N/A | 0.0013072 |
| DILLMAN 2-28A2 | UT | DUCHESNE | N/A | N/A | N/A | 0.001828 |
| DOYLE UNIT 1-10 B3 | UT | DUCHESNE | N/A | N/A | N/A | 0.000647 |
| DR LONG 2-19A1E | UT | UINTAH | N/A | N/A | N/A | 0.0008878 |
| DUMP 2-20 A3 | UT | DUCHESNE | N/A | N/A | N/A | 0.0005127 |
| DUNCAN 3-1A2-K | UT | DUCHESNE | N/A | N/A | N/A | 0.0007433 |
| DUNCAN 4-2A2 | UT | DUCHESNE | 0.0037207 | 0.0039435 | N/A | N/A |
| ELLSWORTH 1-20 B4 | UT | DUCHESNE | N/A | N/A | N/A | 0.0024305 |
| ELLSWORTH 2-16 B4 | UT | DUCHESNE | N/A | N/A | N/A | 0.0009115 |
| ELLSWORTH 2-17 B4 | UT | DUCHESNE | N/A | N/A | N/A | 0.0018229 |
| ELLSWORTH 2-19 B4 | UT | DUCHESNE | N/A | N/A | N/A | 0.0035257 |
| ELLSWORTH 2-8B4 | UT | DUCHESNE | N/A | N/A | N/A | 0.00227 |
| ELLSWORTH 2-9B4-K | UT | DUCHESNE | N/A | N/A | N/A | 0.0009114 |
| ELLSWORTH 3-20B4 | UT | DUCHESNE | N/A | N/A | N/A | 0.0024305 |
| ELLSWORTH UNIT 1-16 B4 | UT | DUCHESNE | N/A | N/A | N/A | 0.0009114 |
| ELLSWORTH UNIT 1-17 B4 | UT | DUCHESNE | N/A | N/A | N/A | 0.0018229 |
| ELLSWORTH UNIT 1-8 B4 | UT | DUCHESNE | N/A | N/A | N/A | 0.00227 |
| ELLSWORTH UNIT 1-9 B4 | UT | DUCHESNE | N/A | N/A | N/A | 0.0009114 |
| FARNSWORTH 1-7B4 | UT | DUCHESNE | N/A | N/A | N/A | 0.0006073 |
| FARNSWORTH 2-7 B4 | UT | DUCHESNE | N/A | N/A | N/A | 0.0006073 |
| FARNSWORTH UNIT 1-12 B5 | UT | DUCHESNE | N/A | N/A | N/A | 0.0003038 |
| FARNSWORTH UNIT 1-13 B5 | UT | DUCHESNE | N/A | N/A | N/A | 0.0002986 |
| FEE 14-05 | UT | DUCHESNE | N/A | N/A | 0.0005208 | N/A |
| GALLOWAY 1-14B2 | UT | DUCHESNE | N/A | N/A | N/A | 0.000513 |
| GALLOWAY 1-14B2 | UT | DUCHESNE | 0.0379783 | 0.0327894 | N/A | N/A |
| GOODRICH 2-2B3 | UT | DUCHESNE | N/A | N/A | N/A | 0.0025505 |
| GOODRICH ENTERPRISE 1-2 | UT | DUCHESNE | N/A | N/A | N/A | 0.0025504 |
| GRIFFITH 1-33B4 | UT | DUCHESNE | N/A | N/A | N/A | 0.003277 |
| HAMBLIN 2-26A2 | UT | DUCHESNE | N/A | N/A | N/A | 0.000482 |
| HANSEN 1-16B3 | UT | DUCHESNE | N/A | N/A | N/A | 0.0011961 |
| HANSEN 1-23B3 | UT | DUCHESNE | N/A | N/A | N/A | 0.0010254 |
| HANSEN 1-24 B3 | UT | DUCHESNE | N/A | N/A | N/A | 0.0012817 |
| HANSON 2-9 B3-R | UT | DUCHESNE | N/A | N/A | N/A | 0.0009399 |
| HANSON TRUST 1-5 B3 | UT | DUCHESNE | N/A | N/A | N/A | 0.0010263 |
| HANSON TRUST 2-5 B3 | UT | DUCHESNE | N/A | N/A | N/A | 0.001026 |
| HORROCKS 2-5B1E | UT | DUCHESNE | N/A | N/A | N/A | 0.0003438 |
| HUNT 1-21 B4 | UT | DUCHESNE | N/A | N/A | N/A | 0.0018229 |
| HUNT 2-21B4 | UT | DUCHESNE | N/A | N/A | N/A | 0.0018229 |
| IORG 2-10B3 | UT | DUCHESNE | N/A | N/A | N/A | 0.000647 |
| J. ROBERTSON 1-1-B1 | UT | UINTAH | N/A | N/A | N/A | 0.001757 |
| JENKINS 2-1 B3-R | UT | DUCHESNE | N/A | N/A | N/A | 0.0014513 |
| JENKINS 2-12 B3-R | UT | DUCHESNE | N/A | N/A | N/A | 0.0013448 |
| JENKINS UNIT 1-1 B3 | UT | DUCHESNE | N/A | N/A | N/A | 0.0014514 |
| JESSEN 1-17A4 | UT | DUCHESNE | N/A | N/A | N/A | 0.002539 |
| JESSEN 2-21 A 4 | UT | DUCHESNE | N/A | N/A | N/A | 0.003125 |
| JOHN 2-3B2 | UT | DUCHESNE | N/A | N/A | N/A | 0.001945 |
| JOHN 2-7B2 | UT | DUCHESNE | N/A | N/A | N/A | 0.001307 |
| LABRUM 2-23A2 | UT | DUCHESNE | N/A | N/A | N/A | 0.001547 |
| LAMB 2 16A2 | UT | DUCHESNE | N/A | N/A | N/A | 0.000677 |
| LAMICQ 1-20A2 | UT | DUCHESNE | N/A | N/A | N/A | 0.004075 |
| LAMICQ 2-20A2 | UT | DUCHESNE | N/A | N/A | N/A | 0.004075 |
| LAMICQ 2-5 B2 | UT | DUCHESNE | N/A | N/A | N/A | 0.0012866 |
| LAMICQ 2-6B1 | UT | DUCHESNE | N/A | N/A | N/A | 0.001158 |
| LAMICQ ROBERTSON 1-1B2 | UT | DUCHESNE | N/A | N/A | N/A | 0.001443 |
| LAMICQ ROBERTSON 2-1B2 | UT | DUCHESNE | N/A | N/A | N/A | 0.001443 |
| LAMICQ URRUTY 3-17A2 | UT | DUCHESNE | N/A | N/A | N/A | 0.001746 |
| LAMICQ URRUTY 4-17A2 | UT | DUCHESNE | N/A | N/A | N/A | 0.001746 |
| LAMICQ URRUTY 4-5A2 | UT | DUCHESNE | N/A | N/A | N/A | 0.001411 |
| LANDY 1-30A1E | UT | UINTAH | N/A | N/A | N/A | 0.0008878 |
| LANDY 2-30A1E | UT | UINTAH | N/A | N/A | N/A | 0.0008878 |
| LAZY 2-11B3 | UT | DUCHESNE | N/A | N/A | N/A | 0.000647 |
| LINMAR 1-19B2 | UT | DUCHESNE | N/A | N/A | N/A | 0.0024473 |
| LORANGER 2-24A2 | UT | DUCHESNE | N/A | N/A | N/A | 0.000256 |
| LORANGER 6-22A2 | UT | DUCHESNE | N/A | N/A | N/A | 0.002243 |
| MCFARLANE 1-4D6 | UT | DUCHESNE | N/A | N/A | N/A | 0.0004549 |
| MECCA 2-8A2 | UT | DUCHESNE | N/A | N/A | N/A | 0.0024806 |
| MECHAM, VIRGIL B 1-11A2 | UT | DUCHESNE | N/A | N/A | N/A | 0.000897 |
| MEEKS 3-8B3 | UT | DUCHESNE | N/A | N/A | N/A | 0.0009399 |
| MILES 2-1B5 | UT | DUCHESNE | N/A | N/A | N/A | 0.0008366 |
| MONSEN 2-22 A3 | UT | DUCHESNE | N/A | N/A | N/A | 0.0011393 |
| MONSEN 3-27A3 | UT | DUCHESNE | N/A | N/A | N/A | 0.0006494 |
| MONSEN UNIT 1-21 A3 | UT | DUCHESNE | N/A | N/A | N/A | 0.0003418 |
| MURDOCK 2-34 B5-R | UT | DUCHESNE | N/A | N/A | N/A | 0.0001104 |
| MURRAY 3-2A2 | UT | DUCHESNE | 0.0036253 | 0.0036253 | N/A | 0.0009122 |
| NELSON 1-31A1E | UT | UINTAH | N/A | N/A | N/A | 0.0016452 |
| OMAN 2-32A4 | UT | DUCHESNE | N/A | N/A | N/A | 0.0009113 |
| OWL 3-17C5 | UT | DUCHESNE | N/A | N/A | N/A | 0.0005127 |
| PEARSON 2-11B2 | UT | DUCHESNE | N/A | N/A | N/A | 0.000684 |
| POTTER 1-2 B5 | UT | DUCHESNE | N/A | N/A | N/A | 0.0006222 |
| POTTER 2-6B4 | UT | DUCHESNE | N/A | N/A | N/A | 0.0004735 |
| POWELL 2-33 A3 | UT | DUCHESNE | N/A | N/A | N/A | 0.0013776 |
| PRESCOTT 1-35Z1 | UT | UINTAH | 0.005354 | 0.0053306 | N/A | N/A |
| R LLOYD 1-24A1E | UT | UINTAH | N/A | N/A | N/A | 0.0019916 |
| REARY 2-17A3 | UT | DUCHESNE | N/A | N/A | N/A | 0.0005024 |
| RHOADES MOON 1-35B5 | UT | DUCHESNE | N/A | N/A | N/A | 0.0002928 |
| ROBB 2-29 B5-R | UT | DUCHESNE | N/A | N/A | N/A | 0.0002991 |
| ROBERTSON UTE ST 1-12B1 | UT | UINTAH | N/A | N/A | N/A | 0.001538 |
| RUDY UNIT 1-11 B3 | UT | DUCHESNE | N/A | N/A | N/A | 0.000647 |
| RUST 3-4 B3 | UT | DUCHESNE | N/A | N/A | N/A | 0.0021724 |
| RUST UNIT 1-4 B3 | UT | DUCHESNE | N/A | N/A | N/A | 0.0021724 |
| SAM H U MONGUS 1-15A1 | UT | DUCHESNE | 0.0005469 | 0.0005469 | N/A | 0.0001025 |
| SAM HOUSTON 24-4 | UT | UINTAH | N/A | N/A | 0.000875 | N/A |
| SHRINERS 2-10C5 | UT | DUCHESNE | 1.473019 | 1.473 | | |
| SLB 1-35A1 | UT | DUCHESNE | N/A | N/A | N/A | 0.000234 |
| SMB UNIT 1-10A2 | UT | DUCHESNE | N/A | N/A | N/A | 0.000128 |
| SMITH 1-31 B5 | UT | DUCHESNE | N/A | N/A | N/A | 0.0006836 |
| SMITH, ALBERT 1-8C5 | UT | DUCHESNE | N/A | N/A | N/A | 0.000684 |
| SQUIRES 3-8A2 | UT | DUCHESNE | N/A | N/A | N/A | 0.0024806 |
| STATE 1-10A2 | UT | DUCHESNE | N/A | N/A | N/A | 0.000128 |
| STEVENSON 3-29A3 | UT | DUCHESNE | N/A | N/A | N/A | 0.0011108 |
| SUNDANCE 4 15A2 (BOREN) | UT | DUCHESNE | N/A | N/A | N/A | 0.001025 |
| SWYKES 2 21A2 | UT | DUCHESNE | N/A | N/A | N/A | 0.002433 |
| TAYLOR, MAUREL FEE 1-36A2 | UT | DUCHESNE | N/A | N/A | N/A | 0.002535 |
| TEW 1-1 B5 | UT | DUCHESNE | N/A | N/A | N/A | 0.0008365 |
| TEW 1-15 A3 | UT | DUCHESNE | N/A | N/A | N/A | 0.0008373 |
| TODD 2-21A3 | UT | DUCHESNE | N/A | N/A | N/A | 0.0003418 |
| UTE 1-29A1E | UT | UINTAH | N/A | N/A | N/A | 0.0008168 |
| UTE 1-30Z1 | UT | DUCHESNE | 0.0027255 | 0.0027255 | N/A | N/A |
| UTE 3-12B3 | UT | DUCHESNE | N/A | N/A | N/A | 0.0013448 |
| WADE COOK 2-14 | UT | UINTAH | N/A | N/A | N/A | 0.0004053 |
| WALKER 1-14A1E | UT | UINTAH | N/A | N/A | N/A | 0.0016063 |
| WHITEHEAD 1-22 A3 | UT | DUCHESNE | N/A | N/A | N/A | 0.0011393 |
| WINKLER 2-28 A3 | UT | DUCHESNE | N/A | N/A | N/A | 0.0006836 |
| WINKLER, DUNCAN 1-28 A3 | UT | DUCHESNE | N/A | N/A | N/A | 0.0006836 |
| WISSE 3-35A2 | UT | DUCHESNE | N/A | N/A | N/A | 0.0020508 |
| YOUNG 2-15A3 | UT | DUCHESNE | N/A | N/A | N/A | 0.0008373 |
| ANDERSON CANYON 10-29 | WY | LINCOLN | 0.0015 | 0.0012825 | N/A | N/A |
| ANDERSON CANYON 11-29 | WY | LINCOLN | 0.0015 | 0.0012825 | N/A | N/A |
| ANDERSON CANYON 20-29 | WY | LINCOLN | N/A | N/A | 0.0003938 | N/A |
| ANDERSON CANYON 22-29 | WY | LINCOLN | | | | |
| ANDERSON CANYON 41-29 | WY | LINCOLN | | | | |
| ASH FIELD MINNELUSA UNIT | WY | - | 0.0248114 | 0.04125 | N/A | N/A |
| HANSON FED 20-01 | WY | SUBLETTE | 0.0075 | 0.0060375 | N/A | N/A |
| KUEHNE RANCH UNIT SE | WY | CAMPBELL | 0.0018064 | 0.0013773 | 0.0001083 | N/A |
| KUEHNE RANCH UNIT SE | WY | CAMPBELL | 0.0018064 | 0.0013773 | 0.0001083 | N/A |
| LOST SOLDIER TR 9 | WY | SWEETWATER | N/A | N/A | 0.0001094 | N/A |
| MAHONEY DOME UNIT | WY | CARBON | N/A | N/A | 0.0006837 | N/A |
| RENTUER 1-32 | WY | CAMPBELL | N/A | 0.1299744 | N/A | N/A |
| RENTUER 1-32 | WY | CAMPBELL | 0.1299744 | 0.1069438 | N/A | N/A |
| WOLF DRAW UNIT 41-24 | WY | - | 0.0001023 | - | N/A | N/A |
