Exhibit 99.1
EXECUTION COPY
OFFSHORE PACKAGE
PURCHASE AGREEMENT
BETWEEN
DOMINION EXPLORATION & PRODUCTION, INC.
AS SELLER,
AND
ENI PETROLEUM CO. INC.,
AS PURCHASER,
Dated as of April 27, 2007
TABLE OF CONTENTS
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ARTICLE 1. PURCHASE AND SALE | | 1 |
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Section 1.1 | | Purchase and Sale | | 1 |
Section 1.2 | | Certain Definitions | | 1 |
Section 1.3 | | Excluded Assets | | 7 |
Section 1.4 | | Transfer of Certain Assets Not Held by Sellers | | 9 |
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ARTICLE 2. PURCHASE PRICE | | 9 |
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Section 2.1 | | Purchase Price | | 9 |
Section 2.2 | | Allocation of Purchase Price | | 9 |
Section 2.3 | | Adjustments to Purchase Price | | 11 |
Section 2.4 | | Ordinary Course Pre-Effective Date Costs Paid and Revenues Received Post-Closing | | 14 |
Section 2.5 | | Procedures | | 15 |
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ARTICLE 3. TITLE MATTERS | | 16 |
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Section 3.1 | | Company’s Title | | 16 |
Section 3.2 | | Definition of Defensible Title | | 16 |
Section 3.3 | | Definition of Permitted Encumbrances | | 17 |
Section 3.4 | | Allocated Values | | 19 |
Section 3.5 | | Notice of Title Defects; Defect Adjustments | | 19 |
Section 3.6 | | Consents to Assignment and Preferential Purchase Rights | | 23 |
Section 3.7 | | Limitations on Applicability | | 25 |
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ARTICLE 4. REPRESENTATIONS AND WARRANTIES OF SELLER | | 25 |
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Section 4.1 | | Seller | | 25 |
Section 4.2 | | No Undisclosed Liabilities; Accuracy of Data | | 26 |
Section 4.3 | | Assets of the E&P Business | | 27 |
Section 4.4 | | Labor Matters and Employee Benefits | | 27 |
Section 4.5 | | Litigation | | 28 |
Section 4.6 | | Taxes and Assessments | | 28 |
Section 4.7 | | Environmental Laws | | 28 |
Section 4.8 | | Compliance with Laws | | 29 |
Section 4.9 | | Contracts | | 29 |
Section 4.10 | | Payments for Production | | 29 |
Section 4.11 | | Production Imbalances | | 29 |
Section 4.12 | | Consents and Preferential Purchase Rights | | 30 |
Section 4.13 | | Liability for Brokers’ Fees | | 30 |
Section 4.14 | | Equipment and Personal Property | | 30 |
Section 4.15 | | Non-Consent Operations | | 30 |
Section 4.16 | | Wells | | 30 |
Section 4.17 | | Outstanding Capital Commitments | | 31 |
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Section 4.18 | | Insurance | | 31 |
Section 4.19 | | Absence of Certain Changes | | 31 |
Section 4.20 | | Limitations | | 31 |
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ARTICLE 5. REPRESENTATIONS AND WARRANTIES OF PURCHASER | | 33 |
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Section 5.1 | | Existence and Qualification | | 33 |
Section 5.2 | | Power | | 33 |
Section 5.3 | | Authorization and Enforceability | | 33 |
Section 5.4 | | No Conflicts | | 33 |
Section 5.5 | | Consents, Approvals or Waivers | | 33 |
Section 5.6 | | Litigation | | 33 |
Section 5.7 | | Financing | | 34 |
Section 5.8 | | Investment Intent | | 34 |
Section 5.9 | | Independent Investigation | | 34 |
Section 5.10 | | Liability for Brokers’ Fees | | 34 |
Section 5.11 | | Qualification | | 34 |
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ARTICLE 6. COVENANTS OF THE PARTIES | | 34 |
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Section 6.1 | | Access | | 34 |
Section 6.2 | | Notification of Breaches | | 35 |
Section 6.3 | | Press Releases | | 35 |
Section 6.4 | | Operation of Business | | 36 |
Section 6.5 | | Indemnity Regarding Access | | 37 |
Section 6.6 | | Governmental Reviews | | 37 |
Section 6.7 | | Operatorship | | 38 |
Section 6.8 | | Volumetric Production Payments | | 38 |
Section 6.9 | | Hedges | | 38 |
Section 6.10 | | Vehicles and Equipment | | 38 |
Section 6.11 | | Seismic Licenses | | 38 |
Section 6.12 | | Further Assurances | | 39 |
Section 6.13 | | Building Lease | | 39 |
Section 6.14 | | Transition Services Agreement | | 39 |
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ARTICLE 7. CONDITIONS TO CLOSING | | 39 |
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Section 7.1 | | Conditions of Seller to Closing | | 39 |
Section 7.2 | | Conditions of Purchaser to Closing | | 40 |
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ARTICLE 8. CLOSING | | 40 |
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Section 8.1 | | Time and Place of Closing | | 40 |
Section 8.2 | | Obligations of Seller at Closing | | 41 |
Section 8.3 | | Obligations of Purchaser at Closing | | 42 |
Section 8.4 | | Closing Payment and Post-Closing Purchase Price Adjustments | | 42 |
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ARTICLE 9. TAX MATTERS | | 44 |
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Section 9.1 | | Liability for Taxes | | 44 |
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Section 9.2 | | Contest Provisions | | 45 |
Section 9.3 | | Post-Closing Actions Which Affect Seller’s Tax Liability | | 46 |
Section 9.4 | | Refunds | | 46 |
Section 9.5 | | Access to Information | | 46 |
Section 9.6 | | Conflict | | 47 |
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ARTICLE 10. EMPLOYMENT MATTERS | | 47 |
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Section 10.1 | | Employees | | 47 |
Section 10.2 | | Continued Employment | | 48 |
Section 10.3 | | Plan Participation | | 49 |
Section 10.4 | | Participation in Purchaser Plans | | 49 |
Section 10.5 | | Service Credit | | 50 |
Section 10.6 | | Vacation and Leave | | 50 |
Section 10.7 | | Defined Contribution Plan | | 50 |
Section 10.8 | | Vesting | | 50 |
Section 10.9 | | Welfare Benefit Plans; Workers’ Compensation; Other Benefits | | 51 |
Section 10.10 | | WARN Act | | 51 |
Section 10.11 | | Postretirement Benefits | | 51 |
Section 10.12 | | Annual Incentive Plan | | 52 |
Section 10.13 | | Immigration Matters | | 52 |
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ARTICLE 11. TERMINATION AND AMENDMENT | | 52 |
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Section 11.1 | | Termination | | 52 |
Section 11.2 | | Effect of Termination | | 52 |
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ARTICLE 12. INDEMNIFICATION; LIMITATIONS | | 53 |
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Section 12.1 | | Assumption | | 53 |
Section 12.2 | | Indemnification | | 54 |
Section 12.3 | | Indemnification Actions | | 59 |
Section 12.4 | | Casualty and Condemnation | | 61 |
Section 12.5 | | Limitation on Actions | | 62 |
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ARTICLE 13. MISCELLANEOUS | | 63 |
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Section 13.1 | | Counterparts | | 63 |
Section 13.2 | | Notices | | 63 |
Section 13.3 | | Sales or Use Tax, Recording Fees and Similar Taxes and Fees | | 64 |
Section 13.4 | | Expenses | | 64 |
Section 13.5 | | Replacement of Bonds, Letters of Credit and Guarantees | | 64 |
Section 13.6 | | Records | | 65 |
Section 13.7 | | Name Change | | 65 |
Section 13.8 | | Governing Law and Venue | | 66 |
Section 13.9 | | Jurisdiction; Consent to Service of Process; Waiver | | 66 |
Section 13.10 | | Captions | | 66 |
Section 13.11 | | Waivers | | 66 |
Section 13.12 | | Assignment | | 66 |
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Section 13.13 | | Entire Agreement | | 67 |
Section 13.14 | | Amendment | | 67 |
Section 13.15 | | No Third-Person Beneficiaries | | 67 |
Section 13.16 | | Guarantees | | 67 |
Section 13.17 | | References | | 67 |
Section 13.18 | | Construction | | 67 |
Section 13.19 | | Limitation on Damages | | 68 |
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EXHIBITS: |
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| | Exhibit A-1 | | Leases |
| | Exhibit A-2, Part 1 | | Wells |
| | Exhibit A-2, Part 2 | | Leases covering PUDs |
| | Exhibit A-3 | | Midstream Assets |
| | Exhibit A-4 | | Office Leases |
| | Exhibit A-5 | | Inventory |
| | Exhibit A-6 | | Radio Licenses |
| | Exhibit A-7 | | Software |
| | Exhibit B | | Form of Conveyance |
| | Exhibit C | | Form of DEPI/Offshore Transition Services Agreement |
| | Exhibit D | | [RESERVED] |
| | Exhibit E | | Form of Dominion Resources, Inc. Guarantee |
| | Exhibit F | | Form of Eni S.p.A. Guarantee |
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SCHEDULES |
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| | Schedule 1.2 | | Executives |
| | Schedule 1.3 | | Certain Excluded Assets |
| | Schedule 1.3(a) | | Master Service Contracts |
| | Schedule 1.4 | | Assets not owned by Seller |
| | Schedule 2.3(e) | | Imbalances |
| | Schedule 3.4 | | Allocation of Unadjusted Purchase Price |
| | Schedule 4.2 | | Certain Liabilities |
| | Schedule 4.2(b) | | Certain Financial Data |
| | Schedule 4.2(4)(f) | | Employment Agreements |
| | Schedule 4.4(b)(i) | | Employee Benefits and Compensation Programs List |
| | Schedule 4.5 | | Litigation |
| | Schedule 4.6 | | Tax Disclosures |
| | Schedule 4.7 | | Environmental Disclosures |
| | Schedule 4.8 | | Violations of Laws |
| | Schedule 4.9 | | Contracts |
| | Schedule 4.10 | | Production Payments |
| | Schedule 4.11 | | Production Imbalances |
| | Schedule 4.12 | | Consents and Preferential Rights |
| | Schedule 4.14(a) | | Equipment Disclosures |
| | Schedule 4.14(b) | | Well Disclosures |
| | Schedule 4.17 | | Outstanding Capital Commitments |
| | Schedule 4.18 | | Insurance |
| | Schedule 4.19 | | Absence of Certain Changes |
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| | Schedule 4.20(c) | | Persons with Knowledge |
| | Schedule 5.5 | | Consents, Approvals or Waivers |
| | Schedule 6.4 | | 2007 Plan |
| | Schedule 8.4(d) | | Bank Information |
| | Schedule 10.2(b) | | Managing Directors |
| | Schedule 10.2(c)(i) | | Summary of the Dominion E&P Special Severance Program |
| | Schedule 10.2(c)(ii) | | Special Package - Managing Directors |
| | Schedule 10.2(d) | | Executive Agreements Terms and Conditions |
| | Schedule 13.5 | | Guarantees to be Replaced |
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Index of Defined Terms
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Defined Term | | |
2007 Plan | | Section 6.4 |
Accounting Arbitrator | | Section 8.4(b) |
Accounting Principles | | Section 2.3(g) |
Adjustment Period | | Section 2.3(g)(i)(A) |
Adverse Environmental Condition | | Section 1.2(b) |
Affiliate | | Section 1.2(c) |
Agreed Environmental Concern | | Section 12.2(g)(ii) |
Agreed Rate | | Section 2.3(g)(iii) |
Agreement | | Preamble |
Allocated Value | | Section 3.4 |
Annual Incentive Plan | | Section 1.2(d) |
Appalachian Business | | Section 1.2(a)(xi)(A) |
Assets | | Section 1.2(a) |
Assumed Seller Obligations | | Section 12.1 |
Business Day | | Section 1.2(e) |
Claim | | Section 12.3(b) |
Claim Notice | | Section 12.3(b) |
Closing | | Section 8.1 |
Closing Date | | Section 8.1 |
Closing Payment | | Section 8.4(a) |
COBRA | | Section 10.9 |
Code | | Section 1.2(g) |
Company Offshore Employees | | Section 10.1 |
Company’s U.S. Benefit Plans | | Section 10.3 |
Computer/Vehicle Buy-Out Costs | | Section 6.10 |
Confidentiality Agreement | | Section 6.1 |
Contracts | | Section 1.2(a)(iv) |
Conveyances | | Section 8.2(a) |
Cut-Off Date | | Section 2.3 |
Damages | | Section 12.2(d) |
Defensible Title | | Section 3.2(a) |
DEPI/Offshore Transition Services Agreement | | Section 8.2(i) |
DRI | | Section 13.6 |
E&P Business | | Section 1.2(j) |
Effective Date | | Section 1.2(k) |
Employee Plans | | Section 1.2(l) |
Eni Parent | | Section 13.16 |
Environmental Arbitrator | | Section 12.2(g)(v) |
Environmental Concern | | Section 12.2(g) |
Environmental Laws | | Section 4.7 |
Environmental Liabilities | | Section 1.2(m) |
ERISA | | Section 1.2(n) |
ERISA Affiliate | | Section 1.2(o) |
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Equipment | | Section 1.2(a)(vi) |
Excluded Assets | | Section 1.3 |
Excluded Records | | Section 1.2(a)(xi) |
Executives | | Section 1.2(p) |
FOM Index Price | | Section 1.2(q) |
Governmental Authority | | Section 1.2(r) |
Hazardous Substances | | Section 1.2(s) |
HSR Act | | Section 1.2(t) |
Indemnified Person | | Section 12.3(a) |
Indemnifying Person | | Section 12.3(a) |
Independent Appraiser | | Section 2.2(b) |
Laws | | Section 1.2(u) |
Leases | | Section 1.2(a)(i) |
Managing Directors | | Section 1.2(v) |
Material Adverse Effect | | Section 4.20(d) |
Material Contract | | Section 1.2(w) |
Midstream Assets | | Section 1.2(a)(iii) |
Multiemployer Plans | | Section 1.2(x) |
NORM | | Section 4.7 |
Party; Parties | | Preamble |
PBGC | | Section 1.2(y) |
Permitted Encumbrances | | Section 3.3 |
Person | | Section 1.2(z) |
Phase I Investigation | | Section 6.1 |
Post-Closing Period | | Section 9.1(b) |
Potential Adverse Environmental Condition | | Section 12.2(g) |
Pre-Closing Period | | Section 9.1(a) |
Properties | | Section 1.2(a)(iii) |
Property Costs | | Section 1.2(aa) |
PUD Leases | | Section 3.1 |
Purchase Price | | Section 2.1 |
Purchaser | | Preamble |
Purchaser Group | | Section 12.2(b) |
Purchaser U.S. Employee Plans | | Section 10.4 |
Records | | Section 1.2(a)(xi) |
Reserve Report | | Section 4.2(c) |
Retained Seller Obligations | | Section 12.1 |
Seller | | Preamble |
Seller Group | | Section 12.2(a) |
Target Closing Date | | Section 8.1 |
Taxes | | Section 1.2(cc) |
Tax Audit | | Section 9.2(a) |
Tax Indemnified Person | | Section 9.2(a) |
Tax Indemnifying Person | | Section 9.2(a) |
Tax Items | | Section 9.1(b) |
Tax Return | | Section 4.6(a) |
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Title IV Plan | | Section 4.4(b)(iv) |
Title Arbitrator | | Section 3.5(i) |
Title Benefit | | Section 3.2(b) |
Title Benefit Amount | | Section 3.5(e) |
Title Claim Date | | Section 3.5(a) |
Title Defect | | Section 3.2(b) |
Title Defect Amount | | Section 3.5(d) |
Transferred Derivatives | | Section 1.2(ee) |
Unadjusted Purchase Price | | Section 2.1 |
U.S. Temporary Employees | | Section 1.2(ff) |
Units | | Section 1.2(a)(ii) |
WARN Act | | Section 10.10 |
Wells | | Section 1.2(a)(i) |
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OFFSHORE PACKAGE PURCHASE AGREEMENT
This Offshore Package Purchase Agreement (this “Agreement”), is dated as of April 27, 2007, by and between Dominion Exploration & Production, Inc., a corporation organized under the Laws of Delaware (“Seller”), and Eni Petroleum Co. Inc., a corporation organized under the Laws of Delaware (“Purchaser”). Seller and Purchaser are sometimes referred to collectively as the “Parties” and individually as a “Party.”
RECITALS:
Seller desires to sell and Purchaser desires to purchase those certain interests in oil and gas properties, rights and related assets that are defined and described as “Assets” herein.
NOW, THEREFORE, in consideration of the premises and of the mutual promises, representations, warranties, covenants, conditions and agreements contained herein, and for other valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties agree as follows:
ARTICLE 1.
PURCHASE AND SALE
Section 1.1Purchase and Sale. On the terms and conditions contained in this Agreement, Seller agrees to sell to Purchaser and Purchaser agrees to purchase, accept and pay for the Assets.
Section 1.2Certain Definitions. As used herein:
(a) “Assets” means the following:
(i) The oil and gas leases, oil, gas and mineral leases and subleases, royalties, overriding royalties, net profits interests, mineral fee interests, carried interests, and other rights to oil and gas in place, and mineral servitudes, that are described on Exhibit A-1 (collectively, the “Leases”), and any and all oil, gas, water, CO2or injection wells thereon or on the pooled, communitized or unitized acreage that includes all or any part of the Leases, including the interests in the wells shown on Exhibit A-2, Part 1 attached hereto (the “Wells”);
(ii) All pooled, communitized or unitized acreage which includes all or part of any Leases (the “Units”), and all tenements, hereditaments and appurtenances belonging to the Leases and Units.
(iii) The gas processing plants, gas gathering systems, pipelines, and other mid-stream equipment described on Exhibit A-3 (the “Midstream Assets” and, together with the Leases, Wells and Units, the “Properties”);
(iv) All of Seller’s right, title and interest in and to the Material Contracts listed in Schedule 4.9 and all other currently existing contracts, agreements and instruments with respect to the Properties, to the extent applicable to the Properties,
including operating agreements, unitization, pooling, and communitization agreements, declarations and orders, area of mutual interest agreements, joint venture agreements, farmin and farmout agreements, exchange agreements, transportation agreements, agreements for the sale and purchase of oil and gas and processing agreements, but excluding any contracts, agreements and instruments included within the definition of “Excluded Assets,” and provided that the defined term “Contracts” shall not include the Leases and other instruments constituting Seller’s chain of title to the Leases (subject to such exclusion and proviso, the “Contracts”);
(v) All of Seller’s right, title and interest in surface fee interests, easements, permits, licenses, servitudes, rights-of-way, surface leases and other rights to use the surface or seabed appurtenant to, and used or held for use primarily in connection with, the Properties, but excluding any permits and other appurtenances included within the definition of “Excluded Assets;”
(vi) All of Seller’s right, title and interest in equipment, machinery, facilities, fixtures and other tangible personal property and improvements, including pipelines, platforms and Well equipment (both surface and subsurface) located on the Properties or used or held for use in connection with the operation of the Properties or the production, transportation or processing of oil and gas from the Properties, but excluding (A) office furniture, fixtures and equipment except as described in Section 1.2(a)(vii), (B) materials and equipment inventory except as described in Section 1.2(a)(viii), (C) vehicles except as described in Section 1.2(a)(ix) and (D) any such items included within the definition of “Excluded Assets” (subject to such exclusions, the “Equipment”);
(vii) The offices leases or buildings, if any, described on Exhibit A-4 and the furniture, fixtures and equipment located in those offices and buildings, but excluding any such items included within the definition of “Excluded Assets;”
(viii) The materials and equipment inventory, if any, described on Exhibit A-5;
(ix) The vehicles acquired pursuant to Section 6.10;
(x) All oil and gas produced from or attributable to the Leases, Units or Wells after the Effective Date, all oil, condensate and scrubber liquids inventories and ethane, propane, iso-butane, nor-butane and gasoline inventories of Seller from the Properties in storage as of the Effective Date, and all production, plant and transportation imbalances as of the end of the Effective Date (the economic transfer of which as of the Effective Date will be made by a financial adjustment pursuant to Section 2.3(e) and the physical transfer shall occur on the Closing Date); and
(xi) The data and records of Seller and its Affiliates, to the extent relating primarily to the Properties or other Assets (and the software set forth on Exhibit A-7), excluding, however, in each case:
(A) all corporate, financial, Tax and legal data and records of Seller that relate primarily to Seller’s business generally (whether or not relating to the
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Assets), to Seller’s business and operations in Virginia, West Virginia, Ohio, Pennsylvania, New York, Kentucky, and Maryland (the “Appalachian Business”), or to Seller’s business elsewhere in the onshore United States (except those onshore Midstream Assets identified on Exhibit A-3 and those office leases and buildings identified on Exhibit A-4) or in Canada, or to businesses of Seller and its Affiliates other than the exploration and production of oil and gas;
(B) any data, software and records to the extent disclosure or transfer is prohibited or subjected to payment of a fee or other consideration by any license agreement or other agreement with a Person other than Affiliates of Seller, or by applicable Law, and for which no consent to transfer has been received or for which Purchaser has not agreed in writing to pay (subject to Section 6.11) the fee or other consideration, as applicable;
(C) all legal records and legal files of Seller including all work product of and attorney-client communications with Seller’s legal counsel (other than Leases, title opinions, Contracts and Seller’s working files for litigation of Seller listed on Schedule 4.5 which is assumed by Purchaser pursuant to Section 12.1);
(D) data and records relating to the sale of the Assets, including bids received from and records of negotiations with third Persons;
(E) any data and records relating primarily to the other Excluded Assets;
(F) those original data, software and records retained by Seller pursuant to Section 13.6; and
(G) originals of well files and division order files with respect to Wells and Units for which Seller is operator but for which Purchaser does not become operator (provided that copies of such files will be included in the Records).
(Clauses (A) through (G) shall hereinafter be referred to as the “Excluded Records” and subject to such exclusions, the data, software and records described in this Section 1.2(a)(xi) shall hereinafter be referred to as the “Records.”)
(xii) The radio licenses described on Exhibit A-6 except those for which a transfer is prohibited or subject to payment of a fee or other consideration and for which no consent to transfer has been received or for which Purchaser has not agreed in writing to pay the fee or other consideration, as applicable; and
(xiii) All (a) accounts, instruments and general intangibles (as such terms are defined in the Uniform Commercial Code of Texas) attributable to the Assets at the Closing Date (other than the Excluded Assets and the amounts to which Seller is entitled pursuant to Section 2.3 and Section 2.4); and (b) liens and security interests and collateral in favor of Seller that exist as of the Closing Date, whether choate or inchoate, under any law, rule or regulation or under any of the Contracts (i) arising from the ownership, operation or sale or other disposition of any of the Assets or (ii) arising in favor of Seller as the operator of certain of the Assets, but only to the extent Purchaser is appointed successor operator.
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(b) “Adverse Environmental Condition” shall mean, with respect to the Assets, any violation of Environmental Laws; any condition that is required to be remediated or cured under applicable Environmental Laws; the failure to remediate or cure any condition that is required to be remediated or cured under applicable Environmental Laws; or any actual or threatened action or proceeding before any Governmental Authority alleging potential liability arising out of or resulting from any actual or alleged violation of, or any remedial obligation under, any Environmental Laws.
(c) “Affiliate” means, with respect to any Person, a Person that directly or indirectly controls, is controlled by or is under common control with such Person, with control in such context meaning the ability to direct the management or policies of a Person through ownership of voting shares or other securities, pursuant to a written agreement, or otherwise.
(d) “Annual Incentive Plan” means the annual incentive bonus plan sponsored by Dominion Resources, Inc. for its eligible employees.
(e) “Business Day” means any day other than a Saturday, a Sunday, or a day on which banks are closed for business in New York, New York or Richmond, Virginia, United States of America.
(f) “COBRA” has the meaning set forth in Section 10.9.
(g) “Code” means the United States Internal Revenue Code of 1986, as amended.
(h) “Company Offshore Employees” has the meaning set forth in Section 10.1.
(i) “Company’s U.S. Benefit Plans” has the meaning set forth in Section 10.3.
(j) “E&P Business” means the business and operations conducted with the Assets by the Seller.
(k) “Effective Date” means 11:59 p.m. Central Time on June 30, 2007.
(l) “Employee Plans” means employee benefit plans and programs, including, without limitation, (i) all retirement, savings and other pension plans; (ii) all health, severance, insurance, disability and other employee welfare plans; and (iii) all employment, incentive, perquisites, vacation and other similar plans, programs or practices whether or not subject to ERISA and whether covering one person or more than one person, that are maintained by Seller or any Affiliate, including an ERISA Affiliate, with respect to Company Offshore Employees or to which Seller or any Affiliate, including an ERISA Affiliate, contributes on behalf of Company Offshore Employees.
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(m) “Environmental Liabilities” shall mean any and all environmental response costs, costs to cure, restoration costs, costs of remediation or removal, settlements, penalties, fines, attorneys’ fees and other Damages, including any such matters incurred or imposed pursuant to any claim or cause of action by a Governmental Authority or other Person, attributable to an Adverse Environmental Condition occurring with respect to the Assets.
(n) “ERISA” means the Employee Retirement Income Security Act of 1974, as amended.
(o) “ERISA Affiliate” means any other Person that is required to be treated as a single employer with Seller under Section 414 of the Code or Section 4001(a)(14) of ERISA.
(p) “Executives” means the Company employees listed on Schedule 1.2.
(q) “FOM Index Price” means the FOM index pricing as shown in “Prices of Spot Gas Delivered to Pipelines” as published in Platts Inside FERC Gas Market Report.
(r) “Governmental Authority” means any national government and/or government of any political subdivision, and departments, courts, commissions, boards, bureaus, ministries, agencies or other instrumentalities of any of them.
(s) “Hazardous Substances” shall mean any substance defined or regulated as a “pollutant,” “hazardous substances” or “hazardous waste” under any Environmental Laws.
(t) “HSR Act” means the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended.
(u) “Laws” means all laws, statutes, rules, regulations, ordinances, orders, decrees, requirements, judgments and codes of Governmental Authorities.
(v) “Managing Directors” means the individuals listed on Schedule 10.2(b).
(w) “Material Contract” means any Contract (i) which, in the case of (A) below, can be reasonably expected to generate gross revenue per year in excess of Twenty Million dollars ($20,000,000), or (ii) in the case of (D), (E), (F) or (G) below can reasonably be expected to require expenditures per year chargeable to the owner of the Assets in excess of Twenty Million dollars ($20,000,000) or (iii) which, in the case of (A), (B), (C), (G) or (H) below, is not terminable by Seller or its successors or assigns at will (without penalty) on ninety (90) days notice or less, and is of one or more of the following types:
(A) contracts for the purchase, sale or exchange of oil, gas or other hydrocarbons;
(B) contracts for (i) the gathering, treatment, processing, handling, storage or transportation of oil, gas or other hydrocarbons and (ii) platform use, access or sharing agreements;
(C) contracts for the use or sharing of drilling rigs or drill ships;
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(D) purchase agreements, farmin and farmout agreements, exploration agreements, participation agreements and similar agreements providing for the earning of an equity interest;
(E) partnership agreements, joint venture agreements and similar agreements;
(F) operating agreements, unit agreements and unit operating agreements;
(G) seismic licenses and contracts; and
(H) contracts for the construction and installation of Equipment with guaranteed production throughput requirements where amounts owed if the guaranteed throughput is not delivered exceed Ten Million dollars ($10,000,000).
(x) “Multiemployer Plan” means a multiemployer plan, as defined in Sections 3(37) and 4001(a)(3) of ERISA.
(y) “PBGC” means the Pension Benefit Guaranty Corporation.
(z) “Person” means any individual, corporation, partnership, limited liability company, trust, estate, Governmental Authority or any other entity.
(aa) “Property Costs” means all operating expenses (including without limitation costs of insurance, rentals, shut-in payments, title examination and curative actions, and production and similar Taxes measured by units of production, and severance Taxes, attributable to production of oil and gas from the Assets, but excluding Seller’s other Taxes) and capital expenditures (including without limitation bonuses, broker fees, and other lease acquisition costs, costs of drilling and completing wells and costs of acquiring equipment) incurred in the ownership and operation of the Assets in the ordinary course of business, general and administrative costs with respect to the E&P Business, and overhead costs charged to the Assets under the applicable operating agreement or if none, charged to the Assets on the same basis as charged on the date of this Agreement, but excluding without limitation liabilities, losses, costs, and expenses attributable to:
(i) claims, investigations, administrative proceedings, arbitration or litigation directly or indirectly arising out of or resulting from actual or claimed personal injury, illness or death; property damage; environmental damage or contamination; other torts; private rights of action given under any Law; or violation of any Law,
(ii) obligations to plug wells, dismantle facilities, close pits and clear the site and/or restore the surface or seabed around such wells, facilities and pits,
(iii) obligations to remediate actual or claimed contamination of groundwater, surface water, soil or Equipment,
(iv) title claims (including claims that Leases have terminated),
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(v) claims of improper calculation or payment of royalties (including overriding royalties and other burdens on production) related to deduction of post-production costs or use of posted or index prices or prices paid by affiliates,
(vi) gas balancing and other production balancing obligations,
(vii) casualty and condemnation, and
(viii) any claims for indemnification, contribution or reimbursement from any third Person with respect to liabilities, losses, costs and expenses of the type described in preceding clauses (i) through (vii), whether such claims are made pursuant to contract or otherwise.
(bb) “Purchaser U.S. Employee Plans” has the meaning set forth in Section 10.4.
(cc) “Taxes” means all taxes, including any foreign, federal, state or local income tax, surtax, remittance tax, presumptive tax, net worth tax, special contribution, production tax, pipeline transportation tax, freehold mineral tax, value added tax, withholding tax, gross receipts tax, windfall profits tax, profits tax, severance tax, personal property tax, real property tax, sales tax, goods and services tax, service tax, transfer tax, use tax, excise tax, premium tax, stamp tax, motor vehicle tax, entertainment tax, insurance tax, capital stock tax, franchise tax, occupation tax, payroll tax, employment tax, unemployment tax, disability tax, alternative or add-on minimum tax and estimated tax, imposed by a Governmental Authority together with any interest, fine or penalty thereon, and with such term to include transferee liability for any of the preceding.
(dd) “Title IV Plan” has the meaning set forth in Section 4.4(b)(iv).
(ee) “Transferred Derivatives” means the physical derivatives contracts listed on Schedule 4.9.
(ff) “U.S. Temporary Employees” means those individuals providing services with respect to the Assets as either “co ops,” “interns” or contract workers through CoreStaff.
(gg) “WARN Act” has the meaning set forth in Section 10.10.
Section 1.3Excluded Assets. Notwithstanding anything to the contrary in Section 1.2 or elsewhere in this Agreement, the “Assets” shall not include any rights with respect to the Excluded Assets. “Excluded Assets” shall mean the following:
(i) the Excluded Records;
(ii) copies of other Records retained by Seller pursuant to Section 13.6;
(iii) contracts, agreements and instruments whose transfer is prohibited or subjected to payment of a fee or other consideration by an agreement with a Person
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other than an Affiliate of Seller, or by applicable Law, and for which no consent to transfer has been received or for which Purchaser has not agreed in writing to pay the fee or other consideration, as applicable;
(iv) Permits and other appurtenances for which transfer is prohibited or subjected to payment of a fee or other consideration by an agreement with a Person other than an Affiliate of Seller, or by applicable Law, and for which no consent to transfer has been received or for which Purchaser has not agreed in writing to pay the fee or other consideration, as applicable;
(v) all claims against insurers and other third parties pending on or prior to the Effective Date;
(vi) assets of or which relate to Seller’s and its Affiliates’ Employee Plans or worker’s compensation insurance and programs;
(vii) all trademarks and trade names containing “Dominion” or any variant thereof;
(viii) all futures, options, swaps and other derivatives except the Transferred Derivatives, and all software used for trading, hedging and credit analysis;
(ix) the Clearinghouse and Castlewood Road records storage facilities located in Richmond, Virginia;
(x) all of Seller’s interests in office leases, buildings and other onshore real property other than those expressly identified in Exhibit A-3 or A-4;
(xi) any leased equipment and other leased personal property which is not purchased prior to Closing pursuant to Section 6.10 (except to the extent the lease is transferable without payment of a fee or other consideration which Purchaser has not agreed in writing to pay);
(xii) all office equipment, computers, cell phones, pagers and other hardware, personal property and equipment that: (A) relate primarily to Seller’s business generally, or to the Appalachian Business or to Seller’s business elsewhere in the onshore United States (except those onshore Midstream Assets identified on Exhibit A-3 and those office leases and buildings identified on Exhibit A-4) or in Canada, or to other businesses of Seller and its Affiliates (except the E&P Business), or (B) are set forth on Schedule 1.3 (even if relating to the Onshore Midstream Assets identified on Exhibit A-3 or the office leases and buildings identified on Exhibit A-4);
(xiii) the contracts and software used for both the Assets and other assets of Seller and its Affiliates described on Schedule 1.3;
(xiv) any Tax refund (whether by payment, credit, offset or otherwise, and together with any interest thereon) in respect of any Taxes for which Seller is liable for payment or required to indemnify Purchaser under Section 9.1;
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(xv) refunds relating from severance Tax abatements with respect to all taxable periods or portions thereof ending on or prior to the Effective Date;
(xvi) all indemnities and other claims against Persons (other than Seller and/or their Affiliates) for Taxes for which CNG is liable for payment or required to indemnify Purchaser under Section 9.1;
(xvii) claims against insurers under policies held by Seller or its Affiliates;
(xviii) Property Costs and revenues associated with all joint interest audits and other audits of Property Costs covering periods for which Sellers are in whole or in part responsible for the Assets, which audit adjustments are paid or received prior to the Cut-Off Date; and
(xix) any other assets, contracts or rights described on Schedule 1.3.
Section 1.4Transfer of Certain Assets Not Held by Sellers. Seller shall, at Closing, cause Dominion Resources Services, Inc. to assign to Purchaser certain personal property described on Schedule 1.4. EACH ASSIGNMENT OF SUCH PERSONAL PROPERTY SHALL BE “AS IS, WHERE IS” WITH ALL FAULTS, AND ALL REPRESENTATIONS AND WARRANTIES, EXPRESS OR IMPLIED, INCLUDING WARRANTIES OF CONDITION, QUALITY, AIRWORTHINESS, SUITABILITY, DESIGN, MARKETABILITY, TITLE, INFRINGEMENT, MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, OR CONFORMITY TO MODELS OR SAMPLES OF MATERIALS ARE HEREBY DISCLAIMED; provided, however, that such personal property shall be considered “Assets” for purposes of this Agreement with the benefit of the representations, warranties and other provisions of this Agreement related to the Assets. Without limiting any other obligations of its Affiliates under Section 6.3 of this Agreement, Seller shall also cause Dominion Resources Services, Inc. to comply with the various covenants contained in Sections 6.1 and 6.4, to the extent applicable to the property described on Schedule 1.4, prior to Closing.
ARTICLE 2.
PURCHASE PRICE
Section 2.1Purchase Price. The purchase price for the Assets (the “Purchase Price”) shall be Four Billion Seven Hundred Fifty Seven Million dollars ($4,757,000,000) (the “Unadjusted Purchase Price”), adjusted as provided in Section 2.3.
Section 2.2Allocation of Purchase Price.
(a) At least thirty (30) days prior to the Target Closing Date, Seller shall prepare and deliver to Purchaser, using and based upon the best information available to Seller, a schedule setting forth the following items:
(i) the Unadjusted Purchase Price as set forth in Section 2.1;
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(ii) the liabilities associated with the Assets as of the Closing (as required for the allocations under clause (iii)); and
(iii) an allocation of the sum of the Unadjusted Purchase Price under clause (i) and the aggregate amount of such liabilities under clause (ii) that are includable in the Purchaser’s tax basis in the Assets among the classes of the Assets as of the Closing, which allocations shall be made in accordance with Section 1060 of the Code and the Treasury Regulations thereunder and shall be consistent with the Allocated Values established pursuant to Section 3.4.
Seller shall at Purchaser’s request make reasonable documentation available to support the proposed allocation. As soon as reasonably practicable, but not later than fifteen (15) days following receipt of Seller’s proposed allocation schedule, Purchaser shall deliver to Seller a written report containing any changes that Purchaser proposes to be made in such schedule (and specifying the reasons therefor in reasonable detail). The Parties shall undertake to agree on a final schedule no later than six (6) Business Days prior to the Closing Date. In the event the Parties cannot reach agreement by that date, the Seller’s allocation shall be used pending adjustment under the following paragraph.
(b) Within thirty (30) days after the determination of the Purchase Price under Section 8.4(b), the schedule described in Section 2.2(a) shall be amended by Seller and delivered to Purchaser to reflect the Purchase Price following final adjustments. Purchaser shall cooperate with Seller in the preparation of the amended schedule. If the Seller’s amendments to the schedule are not objected to by Purchaser (by written notice to Seller specifying the reasons therefor in reasonable detail) within thirty (30) days after delivery of Seller’s adjustments to the schedule, it shall be deemed agreed upon by the Parties. In the event that the Parties cannot reach an agreement within twenty (20) days after Seller receives notice of any objection by Purchaser, then, any Party may refer the matters in dispute to Ernst & Young LLP or another mutually acceptable independent appraiser (the “Independent Appraiser”) to assist in determining the fair value of each separate class of Assets solely for the purposes of the allocation described in this Section 2.2. The Independent Appraiser shall be instructed to deliver to Purchaser and Seller a written determination of the valuation and any revisions to the schedule within thirty (30) days after the date of referral thereof to the Independent Appraiser. Purchaser and Seller agree to accept the Independent Appraiser’s determinations as to the appropriate adjustments to the schedule. The Independent Appraiser may determine the issues in dispute following such procedures, consistent with the provisions of this Agreement, as it reasonably deems appropriate in the circumstances and with reference to the amounts in issue. The Parties do not intend to impose any particular procedures upon the Independent Appraiser, it being the desire and direction of the Parties that any such disagreement shall be resolved as expeditiously and inexpensively as reasonably practicable. The Independent Appraiser shall act as an expert for the limited purpose of determining the specific disputed aspects of the allocation schedule submitted by any Party and may not award damages, interest, or penalties to any Party with respect to any matter. Seller and Purchaser each shall bear its own legal fees and costs of presenting its case. Seller shall bear one-half and Purchaser shall bear one-half of the costs and expenses of the Independent Appraiser.
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(c) The allocations set forth in the schedule described in this Section 2.2 shall be used by Seller and Purchaser as the basis for reporting asset values and other items, including preparing Internal Revenue Service Form 8594, Asset Acquisition Statement (which Form 8594 shall be completed, executed and delivered by such parties as soon as practicable after the Closing but in no event later than 15 days prior to the date such form is required to be filed). Seller and Purchaser agree not to assert, and will cause their Affiliates not to assert, in connection with any audit or other proceeding with respect to Taxes, any asset values or other items inconsistent with the amounts set forth in the schedule described in this Section 2.2.
Section 2.3Adjustments to Purchase Price. The Unadjusted Purchase Price shall be adjusted as follows, but only with respect to matters (i) in the case of Section 2.3(a), for which notice is given on or before the Title Claim Date, (ii) in the case of Sections 2.3(b), (c), (d), (e), (f) or (i), identified on or before the 180th day following Closing (the “Cut-Off Date”) and (iii) in the case of Section 2.3(g) and (h), received or paid on or before the Cut-Off Date:
(a) Increased or decreased, as appropriate, in accordance with Section 3.5;
(b) Decreased as a consequence of Assets excluded from this transaction as a consequence of the exercise of preferential rights to purchase, as described in Section 3.6;
(c) Decreased by the amount of royalty, overriding royalty and other burdens payable out of production of oil or gas from the Leases and Units or the proceeds thereof to third Persons but held in suspense by Seller at the Closing, and any interest accrued in escrow accounts for such suspended funds, to the extent such funds are not transferred to Purchaser’s control at the Closing;
(d) Increased by the amount of the Computer/Vehicle Buy-Out Costs in accordance with Section 6.10, such increase not to exceed four hundred twenty five thousand dollars ($425,000);
(e) Adjusted for production, plant, pipeline and transportation gas imbalances and inventory on the Effective Date as follows:
(i) Decreased by sum of the amount of each production, plant, pipeline and transportation gas imbalance owed by Seller to third Persons at the Effective Date with respect to production from the Properties (or, in the case of Properties not operated by Seller, as reported on the most recent imbalance statement as of a date closest to June 30, 2007), in Mmbtu, multiplied by (A) the FOM Index Price for the point designated with respect to such source of the imbalance on Schedule 2.3(e) on the first day of the month after the month of the Effective Date less (B) the adjustments to such FOM Index Price shown on Schedule 2.3(e).
(ii) Increased by the sum of the amount of each production, plant, pipeline and transportation gas imbalance owed by third Persons to Seller at the Effective Date with respect to production from the Properties (or, in the case of Properties not operated by Seller, as reported on the most recent imbalance statement as of a date closest to June 30, 2007), in Mmbtu, multiplied by (A) the FOM Index Price for the point designated with respect to such source of the imbalance on Schedule 2.3(e) on the first day of the month after the month of the Effective Date less (B) the adjustments to such FOM Index Price shown on Schedule 2.3(e).
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(iii) Decreased by the sum of the amount of each scrubber liquid overlift owed by Seller at the Effective Date with respect to production from the Properties (or, in the case of Properties not operated by Seller, as reported on the most recent statement received as of a date closest to June 30, 2007), in Barrels, multiplied by (A) the index price for the point designated with respect to such source of the imbalance on Schedule 2.3(e) on the first day of the month after the month of the Effective Date less (B) the adjustments to such index price shown on Schedule 2.3(e).
(iv) Decreased by the sum of the amount of each ethane, propane, iso-butane, nor-butane and gasoline overlift owed by Seller at the Effective Date with respect to production from the Properties (or, in the case of Properties not operated by Seller, as reported on the most recent statement received as of a date closest to June 30, 2007), in gallons, multiplied by (A) the index price for the point designated with respect to such source of the imbalance on Schedule 2.3(e) on the first day of the month after the month of the Effective Date less (B) the adjustments to such index price shown on Schedule 2.3(e).
(v) Increased by the sum of the amount of each oil, condensate and scrubber liquid inventory from the Properties in storage at the end of the Effective Date and produced for the account of Seller on or prior to the Effective Date, in Barrels, multiplied by (A) the index price for the point designated with respect to the location of the inventory on Schedule 2.3(e) on the first day of the month after the month of the Effective Date less (B) the adjustments to such index price shown on Schedule 2.3(e).
(vi) Increased by the sum of the amount of each ethane, propane, iso-butane, nor-butane and gasoline inventory from the Properties in storage at the end of the Effective Date and produced for the account of Seller on or prior to the Effective Date, in gallons, multiplied by (A) the index price for the point designated with respect to the location of the inventory on Schedule 2.3(e) on the first day of the month after the month of the Effective Date less (B) the adjustments to such index price shown on Schedule 2.3(e).
(vii) Decreased by the sum of the amount of each amount of oil transportation and production imbalance owed by Seller to third Persons at the Effective Date with respect to production from the Properties (or, in the case of Properties not operated by Seller, as reported on the most recent imbalance statement as of a date prior to the Effective Date), in Barrels, multiplied by (A) the index price for the point designated with respect to such source of the imbalance on Schedule 2.3(e) on the first day of the month after the month of the Effective Date less (B) the adjustments to such index price shown on Schedule 2.3(e).
(viii) Increased by the sum of the amount of each oil transportation and production imbalance owed by third Persons to Seller at the Effective Date with respect to production from the Properties (or, in the case of Properties not operated by Seller, as
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reported on the most recent imbalance statement as of a date prior to the Effective Date), in Barrels, multiplied by (A) the index price for the point designated with respect to such source of the imbalance on Schedule 2.3(e) on the first day of the month after the month of the Effective Date less (B) the adjustments to such index price shown on Schedule 2.3(e).
(f) [RESERVED]
(g) Without prejudice to either Party’s rights under Article 12, adjusted for proceeds and other income attributable to the Assets, Property Costs and certain other costs attributable to the Assets, and interest as follows:
(i) Decreased by an amount equal to the aggregate amount of the following proceeds received by Seller or any of its Affiliates on or prior to the Closing Date, or by Seller or any remaining Affiliate of Seller after the Closing Date:
(A) amounts earned from the sale, during the period from but excluding the Effective Date through and including the Closing Date (such period being referred to as the “Adjustment Period”), of oil, gas and other hydrocarbons produced from or attributable to the Properties (net of any (x) royalties, overriding royalties and other burdens payable out of production of oil, gas or other hydrocarbons or the proceeds thereof that are not included in Property Costs, (y) gathering, processing and transportation costs paid in connection with sales of oil, gas or other hydrocarbons that are not included as Property Costs under Section 2.3(g)(ii) and (z) production Taxes, other Taxes measured by units of production, severance Taxes and any other Property Costs, that in any such case are deducted by the purchaser of production, and excluding the effects of any futures, options, swaps or other derivatives other than the Transferred Derivatives), and
(B) other income earned with respect to the Assets during the Adjustment Period (provided that for purposes of this Section, no adjustment shall be made for funds received by Seller for the account of third Persons and to which Seller does not become entitled prior to the Cut-Off Date, and excluding any income earned from futures, options, swaps or other derivatives other than the Transferred Derivatives);
(ii) Increased by an amount equal to the amount of all Property Costs, Taxes and other amounts expressly excluded from the definition of Property Costs which are incurred in the ownership and operation of the Assets after the Effective Date but paid by or on behalf of Seller or any of its Affiliates through and including the Closing Date, or by Seller or any remaining Affiliate of Seller after the Closing Date but prior to the Cut-Off Date, except in each case (w) any costs already deducted in the determination of proceeds in Section 2.3(g)(i), (x) Taxes (other than production Taxes and other Taxes measured by units of production and severance Taxes), which are addressed in Section 9.1(c), (y) costs attributable to futures, options, swaps or other derivatives, or the elimination of the same pursuant to Section 6.9, other than costs attributable to the
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Transferred Derivatives, and (z) Seller’s share of costs attributable to acquiring replacement seismic licenses for Purchaser or obtaining approval to transfer existing seismic licenses to Purchaser pursuant to Section 6.11, and provided that overhead costs charged with respect to development and production operations shall not exceed the amounts chargeable to the Properties under the applicable operating agreement or, if for any Property there is none, the amounts charged for that Property on the same basis as charged on the date of this Agreement; and
(iii) Increased by the amount that would be calculated on the Unadjusted Purchase Price at the Agreed Rate, for the period from but excluding the Target Closing Date through and including the Closing Date; as used herein, the term “Agreed Rate” shall mean the lesser of (y) the one month London Inter-Bank Offered Rate, as published on Telerate Page 3750 on the last Business Day prior to the Effective Date, plus two percentage points (LIBOR +2%) and (z) the maximum rate allowed by applicable Laws.
The amount of each adjustment to the Unadjusted Purchase Price described in Section 2.3(g) shall be determined in accordance with the United States generally accepted accounting principles (the “Accounting Principles”);
(h) Decreased by Seller’s share of the seismic costs described in Section 6.11, however, if as of the Cut-Off Date, any replacement licenses or license transfers for such seismic have not been obtained, Seller’s share of such costs shall be deemed to be Twenty-five Million dollars ($25,000,000); and
(i) Increased by the cost of transportation provided pursuant to Section 6.1.
Section 2.4Ordinary Course Pre-Effective Date Costs Paid and Revenues Received Post-Closing.
(a) With respect to any revenues earned or Property Costs incurred with respect to the Assets on or prior to the Effective Date but received or paid after the Effective Date:
(i) Seller shall be entitled to all amounts earned from the sale, during the period up to and including the Effective Date, of oil, gas and other hydrocarbons produced from or attributable to the Properties, which amounts are received after Closing but on or before the Cut-Off Date (net of any (A) royalties, overriding royalties and other burdens payable out of production of oil, gas or other hydrocarbons or the proceeds thereof that are not included in Property Costs, (B) gathering, processing and transportation costs paid in connection with sales of oil, gas and other hydrocarbons that are not included as Property Costs under Section 2.4(a)(ii) and (C) production Taxes, other Taxes measured by units of production, severance Taxes, and other Property Costs, that in any such case are deducted by the purchaser of production), and to all other income earned with respect to the Assets through and including the Effective Date and received on or before the Cut-Off Date; and
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(ii) Seller shall be responsible for (and entitled to any refunds and indemnities with respect to) all Property Costs incurred through and including the Effective Date. Seller’s responsibility for the foregoing shall terminate on the Cut-Off Date.
“Earned” and “incurred,” as used in this Section and Section 2.3, shall be interpreted in accordance with accounting recognition guidance under the Accounting Principles and shall be consistent with Seller’s current accounting recognition practices.
(b) Should Purchaser or its Affiliates receive after Closing any proceeds or other income to which Seller is entitled under Section 2.4(a), Purchaser shall fully disclose, account for and promptly remit the same to Seller.
(c) Should Purchaser pay after Closing any Property Costs for which Seller is responsible under Section 2.4(a), Seller shall reimburse Purchaser promptly after receipt of Purchaser’s invoice, accompanied by copies of the relevant vendor or other invoice and proof of payment. Within forty-five (45) days following Closing, Seller shall provide notice to its vendors related to the E&P Business to promptly send any pre-Effective Date invoices.
(d) Seller shall have no further entitlement to amounts earned from the sale of oil, gas and other hydrocarbons produced from or attributable to the Properties and other income earned with respect to the Assets (except any applicable Excluded Assets), and no further responsibility for Property Costs incurred with respect to the Assets, to the extent such amounts have not been received or paid, respectively, on or before the Cut-Off Date.
Section 2.5Procedures.
(a) For purposes of allocating production (and accounts receivable with respect thereto), under Section 2.3 and Section 2.4, (i) liquid hydrocarbons shall be deemed to be “from or attributable to” the Properties when they pass through the pipeline flange connecting into the storage facilities on the platform serving the applicable Lease or Unit or, if there are no such storage facilities, when they pass through the LACT meters or similar meters at the point of entry into the pipelines through which they are transported from that platform, and (ii) gaseous hydrocarbons shall be deemed to be “from or attributable to” the Properties when they pass through the delivery point sales meters or similar meters at the point of entry into the pipelines through which they are transported from the platform serving the applicable Lease or Unit. Seller shall utilize reasonable interpolative procedures to arrive at an allocation of production when exact meter readings are not available.
Surface use fees, insurance premiums and other Property Costs that are paid periodically shall be prorated based on the number of days in the applicable period falling on or before, or after, the Effective Date, or the Closing Date, as applicable. Production Taxes and similar Taxes measured by units of production, and severance Taxes, shall be prorated based on the amount of hydrocarbons actually produced, purchased or sold, as applicable, on or before, and after, the Effective Date, or the Closing Date, as applicable.
(b) After Closing, Purchaser shall handle (and Seller shall cooperate with the handling of) all joint interest audits and other audits of Property Costs covering periods for
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which Seller is in whole or in part responsible under Section 2.4, provided that Purchaser shall not agree to any adjustments to previously assessed costs for which Seller is liable, or any compromise of any audit claims to which Seller would be entitled, without the prior written consent of Seller, such consent not to be unreasonably withheld. Purchaser shall provide Seller with a copy of all applicable audit reports and written audit agreements received by Purchaser and relating to periods for which Seller is partially responsible.
ARTICLE 3.
TITLE MATTERS
Section 3.1Company’s Title. Seller represents and warrants to Purchaser that Seller’s title (i) to the Units and Wells shown on Exhibit A-2, Part 1, (ii) to the ownership interests in the Leases containing proved undeveloped locations (the “PUD Leases”) shown on Exhibit A-2, Part 2 and (iii) to the Leases shown on Exhibit A-1 and as calculated in Section 3.2(a), as of the date hereof is, and as of the Closing Date shall be, Defensible Title as defined in Section 3.2. This representation and warranty, the provisions of this Article 3 and the special warranty in the Conveyances provide Purchaser’s exclusive remedy with respect to any Title Defects.
Section 3.2Definition of Defensible Title.
(a) As used in this Agreement, the term “Defensible Title” means that title of Seller which, subject to Permitted Encumbrances:
(i) Entitles the Seller to receive, (A) in the case of any Unit, Well or PUD Lease, throughout the duration of the productive life of such Unit, Well or PUD Lease (after satisfaction of all royalties, overriding royalties, nonparticipating royalties, net profits interests or other similar burdens on or measured by production of oil and gas), not less than the “net revenue interest” share shown in Exhibit A-2 of all oil, gas and other minerals produced, saved and marketed from such Unit or Well or PUD Lease, and, (B) in the case of any Lease listed on Exhibit A-1 not covered by clause (A) above, throughout the duration of the productive life of such Lease, not less than the net revenue interest share of all oil, gas and other minerals produced, saved and marketed from such Lease calculated by subtracting from the working interest for such Lease shown on Exhibit A-1 the proportionate share of any royalty, overriding royalty, nonparticipating royalty, net profits interest, or other similar burdens measured by production of oil and gas attributable to such working interest, in any case, except (1) decreases in connection with those operations in which Seller may elect after the date hereof to be a nonconsenting co-owner, (2) decreases resulting from reversion of interest to co-owners with respect to operations in which such co-owners elect, after the date hereof, not to consent, (3) decreases resulting from the establishment or amendment, after the date hereof, of pools or units, (4) decreases required to allow other working interest owners to make up past underproduction or pipelines to make up past under deliveries and (5) as otherwise expressly stated in Exhibit A-2;
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(ii) Obligates Seller to bear a percentage of the costs and expenses for the maintenance and development of, and operations relating to, any Unit, Well, Lease or PUD Lease not greater than the “working interest” shown in Exhibit A-1 or Exhibit A-2 without increase throughout the productive life of such Unit, Well, Lease or PUD Lease, except as stated in Exhibit A-1 or Exhibit A-2 and except increases resulting from contribution requirements with respect to defaulting co-owners under applicable operating agreements or applicable Law and increases that are accompanied by at least a proportionate increase in Seller’s net revenue interest (in the case of each Lease, as calculated in Section 3.2(a)(i)(B)); and
(iii) Is free and clear of liens, encumbrances, obligations or defects, other than Permitted Encumbrances.
(b) As used in this Agreement, the term “Title Defect” means any lien, charge, encumbrance, obligation or defect including without limitation a discrepancy in net revenue interest or working interest that causes a breach of Seller’s representation and warranty in Section 3.1. As used in this Agreement, the term “Title Benefit” shall mean any right, circumstance or condition that operates to increase the net revenue interest of Seller in any Unit or Well above that shown on Exhibit A-2, without causing a greater than proportionate increase in Seller’s working interest above that shown in Exhibit A-2.
Section 3.3Definition of Permitted Encumbrances. As used herein, the term “Permitted Encumbrances” means any or all of the following:
(a) Lessors’ royalties and any overriding royalties, reversionary interests and other burdens to the extent that they do not, individually or in the aggregate, reduce Seller’s net revenue interests below that shown in Exhibit A-2 or increase Seller’s working interests above that shown in Exhibit A-2 without a corresponding increase in the net revenue interest;
(b) All leases, unit agreements, pooling agreements, operating agreements, production sales contracts, division orders and other contracts, agreements and instruments applicable to the Assets, including provisions for penalties, suspensions or forfeitures contained therein, to the extent that they do not, individually or in the aggregate, reduce Seller’s net revenue interests below that shown in Exhibit A-1 or Exhibit A-2 or increase Seller’s working interests above that shown in Exhibit A-2 without a corresponding increase in the net revenue interest;
(c) Rights of first refusal, preferential purchase rights and similar rights with respect to the Assets;
(d) Third-party consent requirements and similar restrictions which are not applicable to the sale of the Assets contemplated by this Agreement or with respect to which waivers or consents are obtained from the appropriate Persons prior to the Closing Date or the appropriate time period for asserting the right has expired or which need not be satisfied prior to a transfer;
(e) Liens for Taxes or assessments not yet delinquent or, if delinquent, being contested in good faith by appropriate actions;
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(f) Materialman’s, mechanic’s, repairman’s, employee’s, contractor’s, operator’s and other similar liens or charges arising in the ordinary course of business for amounts not yet delinquent (including any amounts being withheld as provided by Law), or if delinquent, being contested in good faith by appropriate actions;
(g) All rights to consent, by required notices to, filings with, or other actions by Governmental Authorities in connection with the sale or conveyance of oil and gas leases or rights or interests therein if they are customarily obtained subsequent to the sale or conveyance;
(h) Rights of reassignment arising upon final intention to abandon or release the Assets, or any of them;
(i) Easements, rights-of-way, covenants, servitudes, permits, surface leases and other rights in respect of surface operations to the extent they do not, individually or in the aggregate, reduce Seller’s net revenue interest below that shown on Exhibit A-2 or increase Seller’s working interest beyond that shown on Exhibit A-1 or Exhibit A-2 without a corresponding increase in net revenue interest;
(j) Calls on production under existing Contracts; provided that the holder of such right must pay an index-based price for any production purchased by virtue of such call on production;
(k) Any termination of Seller’s title to any mineral servitude or any Property held by production as a consequence of the failure to conduct operations, cessation of production or insufficient production over any period except to the extent Seller has knowledge thereof as of the date hereof;
(l) All rights reserved to or vested in any Governmental Authorities to control or regulate any of the Assets in any manner or to assess Tax with respect to the Assets, the ownership, use or operation thereof, or revenue, income or capital gains with respect thereto, and all obligations and duties under all applicable Laws of any such Governmental Authority or under any franchise, grant, license or permit issued by any Governmental Authority;
(m) Any lien, charge or other encumbrance on or affecting the Assets which is expressly waived, assumed, bonded or paid by Purchaser at or prior to Closing or which is discharged by Seller at or prior to Closing;
(n) any lien or trust arising in connection with workers’ compensation, unemployment insurance, pension or employment laws or regulations;
(o) The matters described in Schedule 4.5;
(p) Any matters shown on Exhibit A-1 (only relating to working interests) or Exhibit A-2; and
(q) Any other liens, charges, encumbrances, defects or irregularities which do not, individually or in the aggregate, materially detract from the value of or materially interfere with the use or ownership of the Assets subject thereto or affected thereby (as currently used or
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owned) and which would be accepted by a reasonably prudent purchaser engaged in the business of owning and operating oil and gas properties, including, without limitation, the absence of any lease amendment or consent by any royalty interest or mineral interest holder authorizing the pooling of any leasehold interest, royalty interest or mineral interest and the failure of Exhibits A-1 and A-2 to reflect any lease or any unleased mineral interest where the owner thereof was treated as a non-participating co-tenant during the drilling of any well.
Section 3.4Allocated Values. Schedule 3.4 sets forth the agreed allocation of the Unadjusted Purchase Price among the Assets for purposes of Seller’s title representation in this Article 3. The “Allocated Value” for any Unit, Well, Lease or PUD Lease equals the portion of the Unadjusted Purchase Price that is allocated to such Unit, Well, Lease or PUD Lease on Schedule 3.4, increased or decreased by a share of each adjustment to the Unadjusted Purchase Price under Section 2.3(c), (d), (e) and (g). The share of each adjustment allocated to a particular Unit, Well, Lease or PUD Lease shall be obtained by allocating that adjustment among the various Assets on a pro rata basis in proportion to the Unadjusted Purchase Price allocated to each such Asset on Schedule 3.4. Seller has accepted such Allocated Values for purposes of this Agreement and the transactions contemplated hereby, but otherwise makes no representation or warranty as to the accuracy of such values.
Section 3.5Notice of Title Defects; Defect Adjustments.
(a) To assert a claim arising out of a breach of Section 3.1, Purchaser must deliver a claim notice or notices to Seller on or before a date which is at least ten (10) Business Days prior to the Closing Date (the “Title Claim Date”). Each such notice shall be in writing and shall include:
(i) a description of the alleged Title Defect(s);
(ii) the Units, Wells, Leases or PUD Leases affected;
(iii) the Allocated Values of the Units, Wells, Leases or PUD Leases subject to the alleged Title Defect(s);
(iv) supporting documents reasonably necessary for Seller (as well as any title attorney or examiner hired by Seller) to verify the existence of the alleged Title Defect(s); and
(v) the amount by which Purchaser reasonably believes the Allocated Values of those Units, Wells, Leases or PUD Leases are reduced by the alleged Title Defect(s) and the computations and information upon which Purchaser’s belief is based.
Purchaser shall be deemed to have waived all breaches of Section 3.1 of which Seller has not been given notice on or before the Title Claim Date.
(b) Should Purchaser discover any Title Benefit on or before the Title Claim Date, Purchaser shall as soon as practicable, but in any case by the Title Claim Date, deliver to Seller a notice including:
(i) a description of the Title Benefit;
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(ii) the Units, Wells, Leases or PUD Leases affected;
(iii) the Allocated Values of the Units, Wells, Leases or PUD Leases subject to such Title Benefit; and
(iv) the amount by which the Purchaser reasonably believes the Allocated Value of those Units, Wells, Leases or PUD Leases is increased by the Title Benefit, and the computations and information upon which Purchaser’s belief is based.
Seller shall have the right, but not the obligation, to deliver to Purchaser a similar notice on or before the Title Claim Date with respect to each Title Benefit discovered by Seller. Seller shall be deemed to have waived all Title Benefits of which no Party has given notice on or before the Title Claim Date, except to the extent Purchaser has failed to give a notice which it was obligated to give under this Section 3.5(b).
(c) Seller shall have the right, but not the obligation, to attempt, at Seller’s sole cost, to cure or remove on or before sixty (60) days after the Closing Date any Title Defects of which Seller has been advised by Purchaser. No reduction shall be made in the Unadjusted Purchase Price with respect to a Title Defect for purposes of Closing if Seller has provided notice at least six (6) Business Days prior to the Closing Date of Seller’s intent to attempt to cure the Title Defect. If the Title Defect is not cured as agreed by Seller and Purchaser or if Seller and Purchaser cannot agree, and it is determined by the Title Arbitrator that such Title Defect is not cured at the end of the sixty (60) day post-Closing period, the adjustment required under this Article 3 shall be made pursuant to Section 8.4(b). Seller’s election to attempt to cure a Title Defect shall not constitute a waiver of Seller’s right to dispute the existence, nature or value of, or cost to cure, the Title Defect.
(d) With respect to each Unit, Well, Leases or PUD Lease affected by Title Defects reported under Section 3.5(a), the Unit, Well, Leases or PUD Lease shall be assigned at Closing, subject to all uncured Title Defects, and the Unadjusted Purchase Price shall be reduced by an amount (the “Title Defect Amount”) equal to the reduction in the Allocated Value for such Unit, Well, Leases or PUD Lease caused by such Title Defects, as determined pursuant to Section 3.5(g). Notwithstanding the foregoing provisions of this Section 3.5(d), no reduction shall be made in the Unadjusted Purchase Price with respect to any Title Defect that is (i) older than ten (10) years and, except for unreleased production payments or similar interest or other unreleased encumbrances, a Title Defect Amount of less than Twenty-Five Million Dollars ($25,000,000), (ii) involves a counterparty no longer in existence or in bankruptcy or receivership or (iii) consists of an alleged defect in the authorization, execution, delivery, acknowledgement, or approval of any instrument in Seller’s chain of title for which Seller at its election executes and delivers to Purchaser a separate written indemnity agreement, in form and substance reasonably satisfactory to Purchaser, under which Seller agrees to fully, unconditionally and irrevocably indemnify and hold harmless Purchaser and its successors and assigns from any and all Damages arising out of or resulting from such Title Defect.
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(e) With respect to each Unit, Well, Lease or PUD Lease affected by Title Benefits reported under Section 3.5(b) (or which Purchaser should have reported under Section 3.5(b)), the Unadjusted Purchase Price shall be increased by an amount (the “Title Benefit Amount”) equal to the increase in the Allocated Value for such Unit, Well, Lease or PUD Lease caused by such Title Benefits, as determined pursuant to Section 3.5(h), but in no event will the aggregate adjustments to the Unadjusted Purchase Price as a result of Title Benefits exceed the aggregate adjustments to the Unadjusted Purchase Price due to Title Defects.
(f) This Article 3 shall, to the fullest extent permitted by applicable Law, be the exclusive right and remedy of Purchaser with respect to Seller’s breach of its warranty and representation in Section 3.1. Except as provided in Article 3 and the Conveyances, Purchaser releases, remises and forever discharges Seller and its Affiliates and all such parties’ stockholders, officers, directors, employees, agents, advisors and representatives from any and all suits, legal or administrative proceedings, claims, demands, damages, losses, costs, liabilities, interest or causes of action whatsoever, in law or in equity, known or unknown, which Purchaser might now or subsequently may have, based on, relating to or arising out of, any Title Defect or other deficiency in title to any Asset.
(g) The Title Defect Amount resulting from a Title Defect shall be determined as follows:
(i) if Purchaser and Seller agree on the Title Defect Amount, that amount shall be the Title Defect Amount;
(ii) if the Title Defect is a lien, encumbrance or other charge which is undisputed and liquidated in amount, then the Title Defect Amount shall be the amount necessary to be paid to remove the Title Defect from Seller’s interest in the affected Unit, Well or Lease;
(iii) if the Title Defect represents a discrepancy between (A) the net revenue interest for any Unit, Well or PUD Lease and (B) the net revenue interest or percentage stated on Exhibit A-2 or, in the case of a Lease, as calculated pursuant to Section 3.2(a)(i)(B), then the Title Defect Amount shall be the product of the Allocated Value of such Unit, Well or PUD Lease multiplied by a fraction, the numerator of which is the net revenue interest or percentage ownership decrease and the denominator of which is the net revenue interest or percentage ownership stated on Exhibit A-2 or, in the case of a Lease, as calculated pursuant to Section 3.2(a)(i)(B), provided that if the Title Defect does not affect the Unit, Well or PUD Lease throughout its entire productive life, the Title Defect Amount determined under this Section 3.5(g)(iii) shall be reduced to take into account the applicable time period only;
(iv) if the Title Defect represents an obligation, encumbrance, burden or charge upon or other defect in title to the affected Unit, Well or Lease of a type not described in subsections (i), (ii) or (iii) above, the Title Defect Amount shall be determined by taking into account the Allocated Value of the Unit, Well, Lease or PUD Lease so affected, the portion of Seller’s interest in the Unit, Well or Lease affected by the Title Defect, the legal effect of the Title Defect, the potential economic effect of the
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Title Defect over the life of the affected Unit, Well, Lease or PUD Lease, the values placed upon the Title Defect by Purchaser and Seller and such other factors as are necessary to make a proper evaluation;
(v) notwithstanding anything to the contrary in this Article 3, (A) an individual claim for a Title Defect for which a claim notice is given prior to the Title Claim Date shall only generate an adjustment to the Unadjusted Purchase Price under this Article 3 if the Title Defect Amount with respect thereto exceeds Five Million dollars ($5,000,000), (B) the aggregate Title Defect Amounts attributable to the effects of all Title Defects upon any given Unit, Well, Lease or PUD Lease shall not exceed the Allocated Value of such Unit, Well or Lease and (C) there shall be no adjustment to the Unadjusted Purchase Price for Title Defects unless and until the aggregate Title Defect Amounts that are entitled to an adjustment under Section 3.5(g)(v)(A) and for which Claim Notices were timely delivered exceed Fifteen Million dollars ($15,000,000), and then only to the extent that such aggregate Title Defect Amounts exceed Fifteen Million dollars ($15,000,000);
(vi) if a Title Defect is reasonably susceptible of being cured, the Title Defect Amount determined under subsections (iii) or (iv) above shall not be greater than the amount that can reasonably be shown to be the reasonable cost and expense of curing such Title Defect; and
(vii) the Title Defect Amount with respect to a Title Defect shall be determined without duplication of any costs or losses included in another Title Defect Amount hereunder, or for which Purchaser otherwise receives credit in the calculation of the Purchase Price.
(h) The Title Benefit Amount for any Title Benefit shall be the product of the Allocated Value of the affected Unit or Well multiplied by a fraction, the numerator of which is the net revenue interest increase and the denominator of which is the net revenue interest stated on Exhibit A-2 or, in the case of a Lease, as calculated pursuant to Section 3.2(a)(i)(B), provided that if the Title Benefit does not affect a Unit, Well, Lease or PUD Lease throughout the entire life of the Unit, Well, Lease or PUD Lease, the Title Benefit Amount determined under this Section 3.5(h) shall be reduced to take into account the applicable time period only. Notwithstanding anything to the contrary in this Article 3, an individual claim for a Title Benefit which is reported under Section 3.5(b) (or which Purchaser should have reported under Section 3.5(b)) prior to the Title Claim Date shall only generate an adjustment to the Unadjusted Purchase Price under this Article 3 if the Title Benefit Amount with respect thereto exceeds Five Million dollars ($5,000,000).
(i) Seller and Purchaser shall attempt to agree on all Title Defect Amounts and Title Benefit Amounts by five (5) Business Days prior to the Closing Date. If Seller and Purchaser are unable to agree by that date, then subject to Section 3.5(c), Seller’s good faith estimate shall be used to determine the Closing Payment pursuant to Section 8.4(a), and the Title Defect Amounts and Title Benefit Amounts in dispute shall be exclusively and finally resolved by arbitration pursuant to this Section 3.5(i). During the 10-day period following the Closing Date, Title Defect Amounts and Title Benefit Amounts in dispute shall be submitted to a title
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attorney with at least 10 years’ experience in oil and gas titles in the state in which the Units or Wells (or majority of Units and Wells) in question are located as selected by mutual agreement of Purchaser and Seller or absent such agreement during the 10-day period, by the Houston office of the American Arbitration Association (the “Title Arbitrator”). Likewise, if by the end of the sixty (60) day post-Closing cure period under Section 3.5(c), Seller has failed to cure any Title Defects which it provided notice that it would attempt to cure, and Seller and Purchaser have been unable to agree on the Title Defect Amounts for such Title Defects, the Title Defect Amounts in dispute shall be submitted to the Title Arbitrator. The Title Arbitrator shall not have worked as an employee or outside counsel for either Party or its Affiliates during the five (5) year period preceding the arbitration or have any financial interest in the dispute. The arbitration proceeding shall be held in Houston, Texas and shall be conducted in accordance with the Commercial Arbitration Rules of the American Arbitration Association, to the extent such rules do not conflict with the terms of this Section. The Title Arbitrator’s determination shall be made within 45 days after submission of the matters in dispute and shall be final and binding upon the Parties, without right of appeal. In making his determination, the Title Arbitrator shall be bound by the rules set forth in Section 3.5(g) and 3.5(h) and may consider such other matters as in the opinion of the Title Arbitrator are necessary or helpful to make a proper determination. Additionally, the Title Arbitrator may consult with and engage disinterested third Persons to advise the arbitrator, including title attorneys from other states and petroleum engineers. The Title Arbitrator shall act as an expert for the limited purpose of determining the specific disputed Title Defect Amounts and Title Benefit Amounts submitted by any Party and may not award damages, interest or penalties to any Party with respect to any matter. Seller and Purchaser shall each bear its own legal fees and other costs of presenting its case. Purchaser shall bear one-half of the costs and expenses of the Title Arbitrator, and Seller shall be responsible for the remaining one-half of the costs and expenses.
Section 3.6Consents to Assignment and Preferential Purchase Rights.
(a) Promptly after the date hereof, Seller shall prepare and send (i) notices to the holders of any required consents to assignment that are set forth on Schedule 4.12 requesting consents to the transactions contemplated by this Agreement and (ii) notices to the holders of any applicable preferential rights to purchase or similar rights that are set forth on Schedule 4.12 in compliance with the terms of such rights and requesting waivers of such rights. Any preferential purchase right must be exercised subject to all terms and conditions set forth in this Agreement, including the successful Closing of this Agreement pursuant to Article 8. The consideration payable under this Agreement for any particular Asset for purposes of preferential purchase right notices shall be the Allocated Value for such Asset. Seller shall use commercially reasonable efforts to cause such consents to assignment and waivers of preferential rights to purchase or similar rights (or the exercise thereof) to be obtained and delivered prior to Closing, provided that Seller shall not be required to make payments or undertake obligations to or for the benefit of the holders of such rights in order to obtain the required consents and waivers. Purchaser shall cooperate with Seller in seeking to obtain such consents to assignment and waivers of preferential rights.
(b) In no event shall there be transferred at Closing any Asset for which a consent requirement has not been satisfied and for which transfer is prohibited or a fee is payable (unless the same has been paid by Purchaser or is the responsibility of Seller under Section 6.11)
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without the consent. In cases in which the Asset subject to such a requirement is a Contract and Purchaser is assigned the Lease(s) to which the Contract relates, but the Contract is not transferred to Purchaser due to the unwaived consent requirement, Purchaser shall continue after Closing to use commercially reasonable efforts to obtain the consent so that such Contract can be transferred to Purchaser upon receipt of the consent, the Contract shall be held by Seller for the benefit of Purchaser, Purchaser shall pay all amounts due thereunder, and Purchaser shall be responsible for the performance of any obligations under such Contract to the extent that Purchaser has been transferred the Assets necessary to perform under such Contract until such consent is obtained. In cases in which the Asset subject to such a requirement is a Lease and the third Person consent to the transfer of the Lease is not obtained by Closing, Purchaser may elect to treat the unsatisfied consent requirements as a Title Defect and receive the appropriate adjustment to the Unadjusted Purchase Price under Section 2.3 by giving Seller written notice thereof in accordance with Section 3.5(a), except that such notice may be given up to six (6) Business Days prior to the Closing Date. If an unsatisfied consent requirement with respect to which an adjustment to the Unadjusted Purchase Price is made under Section 3.5 is subsequently satisfied prior to the date of the final adjustment to the Unadjusted Purchase Price under Section 8.4(b), Seller shall be reimbursed in that final adjustment for the amount of any previous deduction from the Unadjusted Purchase Price, the Lease, if not previously transferred to Purchaser under the first sentence of this Section 3.6(b), shall be transferred, and the provisions of this Section 3.6 shall no longer apply to such consent requirement.
(c) If any preferential right to purchase any Assets is exercised prior to Closing, the Purchase Price shall be decreased by the Allocated Value for such Assets, the affected Assets shall not be transferred at Closing, and the affected Assets shall be deemed to be deleted from Exhibits A-1 through A-6 to this Agreement, as applicable, for all purposes.
(d) Should a third Person fail to exercise or waive its preferential right to purchase as to any portion of the Assets prior to Closing and the time for exercise or waiver has not yet expired, then subject to the remaining provisions of this Section 3.6, such Assets shall be included in the transaction at Closing, there shall be no adjustment to the Purchase Price at Closing with respect to such preferential right to purchase, and Seller shall, at its sole expense, continue to use commercially reasonable efforts to obtain the waiver of the preferential purchase rights and shall continue to be responsible for the compliance therewith.
(e) Should the holder of the preferential purchase right validly exercise the same (whether before or after Closing), then:
(i) Seller shall convey the affected Assets to the holder on the terms and provisions set out in the applicable preferential right provision. If the affected Assets were previously transferred to Purchaser at Closing, Purchaser agrees to transfer the affected Assets back to Seller on the terms and provisions set out herein to permit Seller to comply with this obligation (or, if Seller so requests, shall transfer the affected Assets directly to the holder on the terms and provisions set out in the applicable preferential purchase right provision);
(ii) Pursuant to Section 2.3(b), Seller shall credit Purchaser with the Allocated Value of any Asset transferred pursuant to Section 3.6(e)(i);
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(iii) Seller shall be entitled to the consideration paid by such holder;
(iv) If the affected Assets were previously transferred to Purchaser at Closing, Purchase Price adjustments calculated in the same manner as the adjustments in Section 2.3(g) shall be calculated for the period from the Closing Date to the date of the reconveyance and the net amount of such adjustment, if positive, shall be paid by Purchaser to Seller and, if negative, by Seller to Purchaser;
(v) If the affected Assets were previously transferred to Purchaser at Closing, Seller shall assume all obligations assumed by Purchaser with respect to such Assets under Section 12.1, and shall indemnify, defend and hold harmless Purchaser from all Damages incurred by Purchaser caused by or arising out of or resulting from the ownership, use or operation of such Asset from the Closing Date to the date of the reconveyance, excluding, however, any such Damages resulting from any violation of any Law caused by the actions of, or implementation of policies or procedures of, Purchaser, breach of any contract by Purchaser after Closing, or gross negligence or willful misconduct of Purchaser after Closing; and
(vi) In the event that the value of any Property operated by Seller is materially impaired by the exercise of a preferential purchase right with respect to a Property also operated by Seller on which infrastructure is used by the first Property without the benefit of an agreement for such use which would survive the transfer of title to the third party preferential right holder, Purchaser may claim such material impairment as a Title Defect.
Section 3.7Limitations on Applicability. The representation and warranty in Section 3.1 shall terminate as of the Title Claim Date and shall have no further force and effect thereafter, provided there shall be no termination of Purchaser’s or Seller’s rights under Section 3.5 with respect to any bona fide Title Defect or Title Benefit claim properly reported on or before the Title Claim Date.
ARTICLE 4.
REPRESENTATIONS AND WARRANTIES OF SELLER
Subject to the provisions of this Article 4, and the other terms and conditions of this Agreement, Seller represents and warrants to Purchaser the matters set out in Section 4.1 through Section 4.19.
Section 4.1Seller.
(a)Existence and Qualification. Seller is a corporation duly organized, validly existing and in good standing under the laws of the state where it is incorporated (as set forth in the preamble).
(b)Power. Seller has the corporate power to enter into and perform this Agreement (and all documents required to be executed and delivered by Seller at Closing) and to consummate the transactions contemplated by this Agreement (and such documents).
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(c)Authorization and Enforceability. The execution, delivery and performance of this Agreement (and all documents required to be executed and delivered by Seller at Closing), and the consummation of the transactions contemplated hereby and thereby, have been duly and validly authorized by all necessary corporate action on the part of Seller. This Agreement has been duly executed and delivered by Seller (and all documents required to be executed and delivered by Seller at Closing shall be duly executed and delivered by Seller) and this Agreement constitutes, and at the Closing such documents shall constitute, the valid and binding obligations of Seller, enforceable in accordance with their terms except as such enforceability may be limited by applicable bankruptcy or other similar Laws affecting the rights and remedies of creditors generally as well as to general principles of equity (regardless of whether such enforceability is considered in a proceeding in equity or at law).
(d)No Conflicts. The execution, delivery and performance of this Agreement by Seller, and the consummation of the transactions contemplated by this Agreement shall not (i) violate any provision of the certificate of incorporation or bylaws of Seller, (ii) result in default (with due notice or lapse of time or both) or the creation of any lien or encumbrance or give rise to any right of termination, cancellation or acceleration under any material note, bond, mortgage, indenture, or other financing instrument to which Seller is a party or by which it is bound, (iii) violate any judgment, order, ruling, or decree applicable to Seller as a party in interest or (iv) violate any Laws applicable to Seller, except any matters described in clauses (ii), (iii), or (iv) above which would not have a Material Adverse Effect.
Section 4.2No Undisclosed Liabilities; Accuracy of Data.
(a) Except as described on Schedule 4.2, as of December 31, 2006, the Assets were not subject to any obligations or liabilities that would be required to be reflected as liabilities on a balance sheet for the E&P Business prepared in accordance with the Accounting Principles other than obligations and liabilities described in the other schedules to this Article 4, and obligations and liabilities as would not, individually or in the aggregate, have a Material Adverse Effect. Schedule 4.2 includes the cost of all material repair, replacement and restoration work with respect to the Equipment necessitated by Hurricanes Katrina, Rita and Ivan.
(b) The financial data set forth in Schedule 4.2(b) (subject to the qualifications set forth therein) and in the data room folders 3.13.3 and 3.13.4 (DVDs of which have been provided to Purchaser in connection with signing this Agreement and identified by Seller and Purchaser) are true and correct.
(c) The historical factual information, excluding title information, supplied by Seller to Ryder Scott & Co. in the preparation of its report dated as of December 31, 2006 (the “Reserve Report”) of the Assets is accurate and complete in all material respects. The historical production data titled YE2006_Product in OBU_YE2006_Aries_database in the data room folder 2.1.2.3.1.1 as updated by OBUPROD_UPDATE in the data room folder 2.1.2.3.5.1 (DVDs of which have been provided to Purchaser in connection with signing this Agreement and identified by Seller and Purchaser) is accurate and complete in all material respects.
(d) Except for bonds, letters of credit and guarantees related primarily to the Excluded Assets which Seller is retaining, Schedule 13.5 sets forth all bonds, letters of credit and guarantees posted as of the date of this Agreement by Seller or any Affiliate of Seller with any Governmental Authority or third person relating to the Assets.
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Section 4.3Assets of the E&P Business. Except as described in Section 1.3 and except for those vehicles, computers and software leased for use in the operation of the E&P Business that are not purchased by Seller or Affiliates of Seller pursuant to Section 6.10, (a) the Assets include all material equipment, materials, contracts, data, records, software and other property owned or leased by Seller or its Affiliates necessary for the conduct of the E&P Business in a manner consistent with recent practices; (b) since December 31, 2006, the Assets have been operated only in the ordinary course of business consistent with past practices of Seller (for this purpose, hurricane related repair work shall be considered ordinary course of business); and (c) no property material to the conduct of the E&P Business is being retained by Seller or Affiliates of Seller.
Section 4.4Labor Matters and Employee Benefits.
(a)Labor Matters. Other than for Managing Directors and Executives, temporary employees or consultants, there are no employment agreements with any individuals who are (i) employed by Seller who are rendering services primarily with respect to the Assets or (ii) employed by Dominion Resources Services, Inc. but who are rendering services primarily with respect to the Assets. Seller has no collective bargaining agreements.
(b)Employee Benefits.
(i) Schedule 4.4(b)(i) lists all of the Employee Plans.
(ii) All Employee Plans subject to ERISA and the Code comply with ERISA, the Code and, as applicable, the Pregnancy Discrimination Act of 1978, the Age Discrimination in Employment Act, as amended, the Family and Medical Leave Act of 1993, and the Health Insurance Portability and Accountability Act, except such non-compliance as would not, individually or in the aggregate, have a Material Adverse Effect.
(iii) All Employee Plans contributed to by Seller or any ERISA Affiliate intended to be qualified under Section 401 of the Code have filed for or received favorable determination letters with respect to such qualified status from the Internal Revenue Service. The determination letter for each such Employee Plan remains in effect, and, to Seller’s knowledge, any amendment made, or event relating to such an Employee Plan subsequent to the date of such determination letter, has not materially and adversely affected the qualified status of the Employee Plan.
(iv) No Employee Plan that is subject to Title IV of ERISA (a “Title IV Plan”) or Section 412 of the Code has incurred an accumulated funding deficiency, whether or not waived, within the meaning of Section 412 of the Code or Section 302 of ERISA, and to Seller’s knowledge, no condition exists which would be expected to result in an accumulated funding deficiency as of the last day of the current plan year of any Title IV Plan or other Employee Plan subject to Section 412 of the Code. The PBGC has not instituted proceedings to terminate any Title IV Plan, and no other event or condition has occurred which might constitute grounds under Section 4042 of ERISA for the termination of, or the appointment of a trustee to administer, any such Title IV Plan.
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(v) None of Seller, its Affiliates or any ERISA Affiliate has incurred or reasonably expects to incur any liability for withdrawal from a Multiemployer Plan.
Section 4.5Litigation. Except as disclosed on Schedule 4.5, there are no actions, suits or proceedings pending, or to Seller’s knowledge, threatened in writing, before any Governmental Authority or arbitrator with respect to the E&P Business. There are no actions, suits or proceedings pending, or to Seller’s knowledge, threatened in writing, before any Governmental Authority or arbitrator against Seller or any of its Affiliates, which are reasonably likely to impair or delay materially Seller’s ability to perform its obligations under this Agreement.
Section 4.6Taxes and Assessments. Except as disclosed on Schedule 4.6,
(a) Seller has filed each material Tax return, declaration, report, claim for refund or information return or statement relating to Taxes, including any schedule or attachment thereto, and including any amendment thereof (a “Tax Return”) required to be filed by it and paid all material Taxes with respect to the Assets;
(b) Seller has not received written notice of any pending claim against it (which remains outstanding) from any applicable taxing authority for assessment of material Taxes with respect to the Assets; and
(c) Except as set forth on Schedule 4.6, none of the Assets are deemed by agreement or applicable law to be held by a partnership for federal tax purposes, and, to the extent any of the Assets are deemed by agreement or applicable law to be held by a partnership for federal tax purposes, any such partnerships shall have in effect an election under Section 754 of the Code that will apply with respect to such portion of the Assets being sold and purchased under this Agreement and that are deemed owned by such partnerships.
Section 4.7Environmental Laws. Except as disclosed on Schedule 4.7, to Seller’s knowledge, Seller’s ownership and operation of the Assets is in compliance with all applicable Environmental Laws, except such failures to comply as, individually or in the aggregate, would not have a Material Adverse Effect. Except as disclosed on Schedule 4.7, and except for contamination that would not, individually or in the aggregate, have a Material Adverse Effect, to Seller’s knowledge there has been no contamination of groundwater, surface water, soil or seabed on the Properties resulting from hydrocarbon activities on such Properties which was required to be remediated under applicable Environmental Laws on or before the date of this Agreement for which the owner of the Assets would be liable but which has not been remediated. Notwithstanding anything to the contrary in this Section or elsewhere in this Agreement, Seller makes no, and disclaims any, representation or warranty, express or implied, with respect to the presence or absence of naturally occurring radioactive material (“NORM”), asbestos, mercury, drilling fluids and chemicals, and produced waters and hydrocarbons in or on the Properties or Equipment in quantities typical for oilfield operations in the areas in which the Properties and Equipment are located. For purposes of this Agreement, “Environmental Laws” means, as the same have been amended to the date hereof, the Comprehensive Environmental
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Response, Compensation and Liability Act, 42 U.S.C. § 9601etseq.; the Resource Conservation and Recovery Act, 42 U.S.C. § 6901etseq.; the Federal Water Pollution Control Act, 33 U.S.C. § 1251etseq.; the Clean Air Act, 42 U.S.C. § 7401etseq.; the Hazardous Materials Transportation Act, 49 U.S.C. § 1471etseq.; the Toxic Substances Control Act, 15 U.S.C. §§ 2601 through 2629; the Oil Pollution Act, 33 U.S.C. § 2701etseq.; the Emergency Planning and Community Right to Know Act, 42 U.S.C. § 11001etseq.; the Outer Continental Shelf Lands Act, 43 U.S.C. § 1331etseq. and 43 U.S.C. § 1801etseq.; the Coastal Zone Management Act, 33 U.S.C. § 1451etseq.; and the Safe Drinking Water Act, 42 U.S.C. §§ 300f through 300j, in each case as amended to the date hereof, and all similar Laws as of the date hereof of any Governmental Authority having jurisdiction over the property in question addressing pollution or protection of the environment or biological or cultural resources and all regulations implementing the foregoing.
Section 4.8Compliance with Laws. Except with respect to Environmental Laws, which are addressed in Section 4.7 and except as disclosed on Schedule 4.8, to Seller’s knowledge, Seller’s ownership and operation of the Assets is in compliance with all applicable Laws, except such failures to comply as would not, individually or in the aggregate, have a Material Adverse Effect.
Section 4.9Contracts. Schedule 4.9 lists all Material Contracts. To Seller’s knowledge, neither Seller, nor to the knowledge of Seller, any other Person, is in default under any Material Contract except as disclosed on Schedule 4.9 and except such defaults as would not, individually or in the aggregate, have a Material Adverse Effect. To Seller’s knowledge, all Material Contracts are in full force and effect. Except as disclosed on Schedule 4.9, there are no Contracts with Affiliates of Seller that will be binding on the Assets after Closing. Except as disclosed on Schedule 4.9, there are no futures, options, swaps or other derivatives with respect to the sale of production that will be binding on the Assets after Closing. Except as disclosed on Schedule 4.9, as of the date identified on such Schedule, there were no contracts for the purchase, sale or exchange of oil, gas or other hydrocarbons produced from or attributable to the Properties that will be binding on Purchaser or the Assets after Closing that Purchaser will not be entitled to terminate at will (without penalty) on 90 days notice or less. No notice of default or breach has been received or delivered by Seller under any Material Contract, the resolution of which is currently outstanding, and there are no current notices received by Seller of the exercise of any premature termination, price redetermination, market-out or curtailment of any Material Contract.
Section 4.10Payments for Production. Except as disclosed on Schedule 4.10 and subject to the covenant in Section 6.8, Seller is not obligated by virtue of a take or pay payment, advance payment or other similar payment (other than royalties, overriding royalties and similar arrangements established in the Leases or reflected on Exhibit A-1 or Exhibit A-2), to deliver oil or gas, or proceeds from the sale thereof, attributable to the Seller’s interest in the Properties at some future time without receiving payment therefor at or after the time of delivery.
Section 4.11Production Imbalances. Except with respect to Properties set forth on Schedule 4.11, as of the dates set forth on such Schedule, there were no imbalances arising from overproduction or underproduction or overdeliveries arising at the platform, wellhead, pipeline, gathering system, transportation system, processing plant or other location, including, without limitation, any imbalances under gas balancing or similar agreements, platform imbalances under production handling agreements, or imbalances under processing agreements and imbalances under gathering or transportation agreements.
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Section 4.12Consents and Preferential Purchase Rights. As of the date hereof, there are no preferential rights to purchase or required third Person consents to assignment, which may be applicable to the sale of Assets by Seller as contemplated by this Agreement, except for consents and approvals of Governmental Authorities that are customarily obtained after Closing, those approvals described in Sections 6.6, and as set forth on Schedule 4.12. The period of time in which the holders of the preferential purchase rights set forth on Schedule 4.12 must exercise such rights are thirty (30) days or less, except with respect to South Timbalier 185.
Section 4.13Liability for Brokers’ Fees. Purchaser shall not directly or indirectly have any responsibility, liability or expense, as a result of undertakings or agreements of Seller prior to Closing, for brokerage fees, finder’s fees, agent’s commissions or other similar forms of compensation to an intermediary in connection with the negotiation, execution or delivery of this Agreement or any agreement or transaction contemplated hereby.
Section 4.14Equipment and Personal Property.
(a) Except as set forth on Schedule 4.14(a), all currently producing Wells and Equipment are in an operable state of repair adequate to maintain normal operations in accordance with past practices, ordinary wear and tear excepted. Seller has all material easements, rights of way, licenses and authorizations, from Governmental Authorities necessary to access, construct, operate, maintain and repair the Equipment in the ordinary course of business as currently conducted by Seller and in material compliance with all Laws, except such failures as would not individually or in the aggregate have a Material Adverse Effect.
(b) Schedule 4.14(b) sets forth the Wells which are off production as a result of hurricane Katrina, Rita or Ivan.
(c) With respect to Equipment, hydrocarbon production and inventory, Seller’s title as of the date hereof is, and as of the Closing Date, shall be transferred to Purchaser, free and clear of liens and encumbrances other than Permitted Encumbrances.
Section 4.15Non-Consent Operations. Seller has not elected not to participate in any operation or activity proposed with respect to the Assets which could result in any of Seller’s interest in any Assets becoming subject to a penalty or forfeiture as a result of such election not to participate in such operation or activity, except to the extent reflected in the Net Revenue Interest and Working Interest set forth in Exhibit A-2.
Section 4.16Wells. To Seller’s knowledge, all Wells have been drilled and completed within the limits permitted by all applicable Leases, contracts, and pooling or unit agreements. To Seller’s knowledge, no Well is subject to penalties on allowables after the Effective Date because of any overproduction or any other violation of Laws. There are not any Wells, platforms or other Equipment located on the Assets that (i) Seller is currently obligated by any Laws or contract to currently plug, dismantle and/or abandon; or (ii) to Seller’s knowledge, have been plugged, dismantled or abandoned in a manner that does not comply in all material respects with Laws, for which the cost related to (i) or (ii) is not included in the liabilities identified in Schedule 4.2.
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Section 4.17Outstanding Capital Commitments. As of the date of this Agreement, there are no outstanding AFEs which are binding on Seller or the Assets and which Seller reasonably anticipates will individually require expenditures by the owner of the Assets after the Effective Date in excess of Two Million dollars ($2,000,000), other than those shown on Schedule 4.17.
Section 4.18Insurance. Schedule 4.18 lists all the insurance policies maintained by the Seller with respect to the Assets.
Section 4.19Absence of Certain Changes. Since December 31, 2006, and except as set forth on Schedule 4.19, (a) there has not been any reduction in the rate of production of oil, gas or condensate from the Properties which would constitute a Material Adverse Effect, (b) there has not been any reduction or write-down in the reserves estimated for the Properties (which reduction or write-down is not reflected in the Reserve Report) that would constitute a Material Adverse Effect, (c) there has not been any damage, destruction or loss with respect to the Assets that would constitute a Material Adverse Effect that is not addressed by the terms of Section 12.4, or (d) the Assets have not become subject to any obligation or liability that would be required to be reflected as an extraordinary item separately listed on an income statement for the E&P Business prepared in accordance with the Accounting Principles.
Section 4.20Limitations.
(a) Except as and to the extent expressly set forth in Article 3, this Article 4 or in the certificate of Seller to be delivered pursuant to Section 8.2(f) or Seller’s special warranty of title in the Conveyances, (i) Seller makes no representations or warranties, express or implied, and (ii) Seller expressly disclaims all liability and responsibility for any representation, warranty, statement or information made or communicated (orally or in writing) to Purchaser or any of its Affiliates, employees, agents, consultants or representatives (including, without limitation, any opinion, information, projection or advice that may have been provided to Purchaser by any officer, director, employee, agent, consultant, representative or advisor of Seller or any of its Affiliates).
(b) EXCEPT AS EXPRESSLY REPRESENTED OTHERWISE IN ARTICLE 3, THIS ARTICLE 4, IN THE CERTIFICATE OF SELLER TO BE DELIVERED AT CLOSING PURSUANT TO SECTION 8.2(F) OR SELLER’S SPECIAL WARRANTY OF TITLE IN THE CONVEYANCES, WITHOUT LIMITING THE GENERALITY OF THE FOREGOING, SELLER (1) MAKES NO AND EXPRESSLY DISCLAIMS ANY REPRESENTATION OR WARRANTY, EXPRESS OR IMPLIED, AS TO (I) TITLE TO ANY OF THE ASSETS, (II) THE CONTENTS, CHARACTER OR NATURE OF ANY DESCRIPTIVE MEMORANDUM, OR ANY REPORT OF ANY PETROLEUM ENGINEERING CONSULTANT, OR ANY GEOLOGICAL OR SEISMIC DATA OR INTERPRETATION, RELATING TO THE ASSETS, (III) THE QUANTITY, QUALITY OR RECOVERABILITY OF PETROLEUM SUBSTANCES IN OR FROM THE ASSETS, (IV) THE EXISTENCE OF ANY PROSPECT, RECOMPLETION, INFILL OR STEP-OUT
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DRILLING OPPORTUNITIES, (V) ANY ESTIMATES OF THE VALUE OF THE ASSETS OR FUTURE REVENUES GENERATED BY THE ASSETS, (VI) THE PRODUCTION OF PETROLEUM SUBSTANCES FROM THE ASSETS, OR WHETHER PRODUCTION HAS BEEN CONTINUOUS, OR IN PAYING QUANTITIES, OR ANY PRODUCTION OR DECLINE RATES, (VII) THE MAINTENANCE, REPAIR, CONDITION, QUALITY, SUITABILITY, DESIGN OR MARKETABILITY OF THE ASSETS, (VIII) INFRINGEMENT OF ANY INTELLECTUAL PROPERTY RIGHT, OR (IX) ANY OTHER MATERIALS OR INFORMATION THAT MAY HAVE BEEN MADE AVAILABLE OR COMMUNICATED TO PURCHASER OR ITS AFFILIATES, OR ITS OR THEIR EMPLOYEES, AGENTS, CONSULTANTS, REPRESENTATIVES OR ADVISORS IN CONNECTION WITH THE TRANSACTIONS CONTEMPLATED BY THIS AGREEMENT OR ANY DISCUSSION OR PRESENTATION RELATING THERETO, AND (2) FURTHER DISCLAIMS ANY REPRESENTATION OR WARRANTY, EXPRESS OR IMPLIED, OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE OR CONFORMITY TO MODELS OR SAMPLES OF MATERIALS OF ANY EQUIPMENT, IT BEING EXPRESSLY UNDERSTOOD AND AGREED BY THE PARTIES HERETO THE ASSETS ARE BEING TRANSFERRED “AS IS, WHERE IS,” WITH ALL FAULTS AND DEFECTS, AND THAT PURCHASER HAS MADE OR CAUSED TO BE MADE SUCH INSPECTIONS AS PURCHASER DEEMS APPROPRIATE.
(c) Any representation “to the knowledge of Seller” or “to Seller’s knowledge” is limited to matters within the actual knowledge of the individuals identified on Schedule 4.20(c). Actual knowledge only includes information actually personally known by such individual.
(d) Inclusion of a matter on a schedule attached hereto with respect to a representation or warranty that addresses matters having a Material Adverse Effect shall not be deemed an indication that such matter does, or may, have a Material Adverse Effect. Schedules may include matters not required by the terms of the Agreement to be listed on the Schedule, which additional matters are disclosed for purposes of information only, and inclusion of any such matter does not mean that all such matters are included. As used herein, “Material Adverse Effect” means a material adverse effect on the ownership, operation or financial condition of the E&P Business taken as a whole; provided, however, that Material Adverse Effect shall not include material adverse effects resulting from general changes in oil and gas prices; general changes in industry, economic or political conditions, or markets; changes in condition or developments generally applicable to the oil and gas industry in any area or areas where the Assets are located; acts of God, including hurricanes and storms; acts or failures to act of Governmental Authorities (where not caused by the willful or negligent acts of Seller); civil unrest or similar disorder; terrorist acts; changes in Laws; effects or changes that are cured or no longer exist by the earlier of the Closing and the termination of this Agreement pursuant to Article 11; and changes resulting from the announcement of the transactions contemplated hereby or the performance of the covenants set forth in Article 6 hereof.
(e) A matter scheduled as an exception for any representation shall be deemed to be an exception to all representations for which it is relevant, except that the Contracts listed in Schedule 4.12 do not modify the Material Contracts listed in Schedule 4.9.
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ARTICLE 5.
REPRESENTATIONS AND WARRANTIES OF PURCHASER
Purchaser represents and warrants to Seller the following:
Section 5.1Existence and Qualification. Purchaser is a corporation organized, validly existing and in good standing under the laws of Delaware.
Section 5.2Power. Purchaser has the corporate power to enter into and perform its obligations under this Agreement (and all documents required to be executed and delivered by Purchaser at Closing) and to consummate the transactions contemplated by this Agreement (and such documents).
Section 5.3Authorization and Enforceability. The execution, delivery and performance of this Agreement (and all documents required to be executed and delivered by Purchaser at Closing), and the consummation of the transactions contemplated hereby and thereby, have been duly and validly authorized by all necessary corporate action on the part of Purchaser. This Agreement has been duly executed and delivered by Purchaser (and all documents required to be executed and delivered by Purchaser at Closing will be duly executed and delivered by Purchaser) and this Agreement constitutes, and at the Closing such documents will constitute, the valid and binding obligations of Purchaser, enforceable in accordance with their terms except as such enforceability may be limited by applicable bankruptcy or other similar laws affecting the rights and remedies of creditors generally as well as to general principles of equity (regardless of whether such enforceability is considered in a proceeding in equity or at law).
Section 5.4No Conflicts. The execution, delivery and performance of this Agreement by Purchaser, and the consummation of the transactions contemplated by this Agreement, will not (i) violate any provision of the certificate of incorporation or bylaws (or other governing instruments) of Purchaser, (ii) result in a material default (with due notice or lapse of time or both) or the creation of any lien or encumbrance or give rise to any right of termination, cancellation or acceleration under any material note, bond, mortgage, indenture, or other financing instrument to which Purchaser is a party or by which it is bound, (iii) violate any judgment, order, ruling, or regulation applicable to Purchaser as a party in interest or (iv) violate any Law applicable to Purchaser, except any matters described in clauses (ii), (iii) or (iv) above which would not have a material adverse effect on Purchaser or its properties.
Section 5.5Consents, Approvals or Waivers. The execution, delivery and performance of this Agreement by Purchaser will not be subject to any consent, approval or waiver from any Governmental Authority or other third Person except, as set forth on Schedule 5.5.
Section 5.6Litigation. There are no actions, suits or proceedings pending, or to Purchaser’s knowledge, threatened in writing before any Governmental Authority or arbitrator against Purchaser or any Affiliate of Purchaser which are reasonably likely to impair or delay materially Purchaser’s ability to perform its obligations under this Agreement.
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Section 5.7Financing. Purchaser has, or Purchaser’s ultimate parent shall cause Purchaser to have, sufficient cash, available lines of credit or other sources of immediately available funds (in United States dollars) to enable it to pay the Closing Payment to Seller at the Closing.
Section 5.8Investment Intent. Purchaser is acquiring the Assets for its own account and not with a view to their sale or distribution in violation of the Securities Act of 1933, as amended, the rules and regulations thereunder, any applicable state blue sky Laws, or any other applicable securities Laws.
Section 5.9Independent Investigation. Purchaser is (or its advisors are) experienced and knowledgeable in the oil and gas business and aware of the risks of that business. Purchaser acknowledges and affirms that Purchaser has had full access to the extent it deems useful or necessary to all information and materials made available by Seller and its Affiliates and has had the opportunity to examine other information related to the Assets necessary for Purchaser to enter into this Agreement and, prior to Closing, it will make further independent investigations, inspections and evaluations of the Assets as it deems necessary or appropriate. Except for the representations and warranties expressly made by Seller in Articles 3 and 4 of this Agreement, or the Seller’s special warranty of title in the Conveyances, or in the certificate to be delivered to Purchaser pursuant to Section 8.2(f) of this Agreement, Purchaser acknowledges that there are no representations or warranties, express or implied, as to the financial condition, liabilities, operations, business or prospects relating to the Assets and that in making its decision to enter into this Agreement and to consummate the transactions contemplated hereby, Purchaser has relied solely upon its own independent investigation, verification, analysis and evaluation.
Section 5.10Liability for Brokers’ Fees. Seller shall not directly or indirectly have any responsibility, liability or expense, as a result of undertakings or agreements of Purchaser, for brokerage fees, finder’s fees, agent’s commissions or other similar forms of compensation to an intermediary in connection with the negotiation, execution or delivery of this Agreement or any agreement or transaction contemplated hereby.
Section 5.11Qualification. Purchaser is or as of the Closing will be qualified under applicable Laws to hold Leases, rights of way and other rights issued by the U.S. government on the U.S. Outer Continental Shelf, and by other Governmental Authorities, which are included in the Assets.
ARTICLE 6.
COVENANTS OF THE PARTIES
Section 6.1Access. Upon execution of this Agreement, Seller will give Purchaser and its representatives access to the Assets and access to and the right to copy, at Purchaser’s expense, the Records in Seller’s possession, for the purpose of conducting a confirmatory review of the E&P Business, but only to the extent that Seller may do so without (i) violating applicable Laws, including the HSR Act, or (ii) violating any obligations to any third Person and to the extent that Seller has authority to grant such access without breaching any restriction binding on Seller. Seller shall use reasonable efforts to obtain permission for Purchaser to gain access to
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third-party operated Properties to inspect the condition of the same. Seller shall use reasonable efforts to arrange, at Purchaser’s cost, for any transportation to and from any such Properties as is reasonably requested by Purchaser. Such access by Purchaser shall be limited to Seller’s normal business hours, and Purchaser’s investigation shall be conducted in a manner that minimizes interference with the operation of the E&P Business or the business of Seller. Purchaser shall be entitled to conduct a Phase I environmental assessment and may conduct visual inspections, record reviews, and interviews relating to the Properties, including their condition and their compliance with the Environmental Laws (collectively, the “Phase I Investigation”), subject to the receipt of necessary permission as described above. Purchaser’s right of access shall not entitle Purchaser to operate Equipment or conduct intrusive testing or sampling. All information obtained by Purchaser and its representatives under this Section 6.1 shall be subject to the terms of that certain confidentiality agreement between Dominion Resources, Inc. and Purchaser dated February 7, 2007 (the “Confidentiality Agreement”) and any applicable privacy laws regarding personal information.
Section 6.2Notification of Breaches. Until the Closing,
(a) Purchaser shall notify Seller promptly after Purchaser obtains actual knowledge that any representation or warranty of Seller contained in this Agreement is untrue in any material respect or will be untrue in any material respect as of the Closing Date or that any covenant or agreement to be performed or observed by Seller prior to or on the Closing Date has not been so performed or observed in any material respect; and
(b) Seller shall notify Purchaser promptly after Seller obtains actual knowledge that any representation or warranty of Purchaser contained in this Agreement is untrue in any material respect or will be untrue in any material respect as of the Closing Date or that any covenant or agreement to be performed or observed by Purchaser prior to or on the Closing Date has not been so performed or observed in a material respect.
If any of Purchaser’s or Seller’s representations or warranties is untrue or shall become untrue in any material respect between the date of execution of this Agreement and the Closing Date, or if any of Purchaser’s or Seller’s covenants or agreements to be performed or observed prior to or on the Closing Date shall not have been so performed or observed in any material respect, but if such breach of representation, warranty, covenant or agreement shall be cured by the Closing (or, if the Closing does not occur, by the date set forth in Section 11.1), then such breach shall be considered not to have occurred for all purposes of this Agreement.
Section 6.3Press Releases. Until the Closing, neither Seller nor Purchaser, nor any Affiliate of either of them, shall make any press release regarding the existence of this Agreement, the contents hereof or the transactions contemplated hereby without the prior written consent of the Purchaser (in the case of announcements by Seller or its Affiliates) or Seller (in the case of announcements by Purchaser or its Affiliates); provided, however, the foregoing shall not restrict disclosures by Purchaser or Seller or any of their Affiliates (i) to the extent that such disclosures are required by applicable securities or other Laws or the applicable rules of any stock exchange having jurisdiction over the disclosing Party or its Affiliates or (ii) to Governmental Authorities and third Persons holding preferential rights to purchase, rights of consent or other rights that may be applicable to the transactions contemplated by this
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Agreement, as reasonably necessary to provide notices, seek waivers. amendments or terminations of such rights, or seek such consents. Seller and Purchaser shall each be liable for the compliance of its respective Affiliates with the terms of this Section.
Section 6.4Operation of Business. Except as provided for in the 2007 business and budget plan document attached hereto as Schedule 6.4 (the “2007 Plan”), or as may be required in connection with Sections 6.8, 6.9, 6.10 and 6.11, until the Closing Seller shall operate its business with respect to the Assets in the ordinary course, and, without limiting the generality of the preceding, shall:
(a) not transfer, sell, hypothecate, encumber or otherwise dispose of any of the Assets, except for (A) sales and dispositions of oil and gas in the ordinary course of business, (B) sales and dispositions of equipment and materials that are surplus, obsolete or replaced and (C) other sales and dispositions individually not exceeding Five Million dollars ($5,000,000);
(b) where it operates Leases or Units, produce oil, gas and/or other hydrocarbons from those Leases or Units consistent in the aggregate with the 2007 Plan, utilizing prudent oilfield practices as if Seller were going to continue to own the E&P Business after the Closing Date and without regard to the existence of this Agreement, subject to the terms of the applicable Leases and Contracts, applicable Laws and requirements of Governmental Authorities and interruptions resulting from force majeure, mechanical breakdown and planned maintenance;
(c) not terminate, materially amend, execute or extend any contracts reasonably expected to generate gross revenues per year for the owner of the Assets or to require expenditures per year chargeable to the owner of the Assets in excess of Ten Million dollars ($10,000,0000), other than the execution or extension of a contract for the sale or exchange of oil, gas and/or other hydrocarbons terminable on ninety (90) days or shorter notice;
(d) maintain insurance coverage on the Assets in the amounts and of the types currently in force;
(e) use commercially reasonable efforts to maintain in full force and effect all Leases, that are capable of producing in paying quantities;
(f) maintain all material governmental permits and approvals affecting the Assets; and
(g) not settle, compromise or otherwise enter into any binding agreement with the U. S. Minerals Management Service as it relates to any claims attributable to or arising out of royalty payments (or failure to make royalty payments) under leases issued by the U.S. Minerals Management Service in 1998 or 1999 without price thresholds under the Deepwater Royalty Relief Act.
Requests for approval of any action restricted by this Section 6.4 shall be delivered to either of the following individuals, each of whom shall have full authority to grant or deny such requests for approval on behalf of Purchaser:
Nicola Salmaso
Eni Petroleum Co. Inc.
1201 Louisiana, Suite 3500
Houston, Texas 77002
Phone: 713-393-6341
Fax: 713-393-6206
Cell: 713-478-1326
email: nicola.salmaso@enipetroleum.com
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Purchaser’s approval of any action restricted by this Section 6.4 shall not be unreasonably withheld or delayed and shall be considered granted within ten (10) days (unless a shorter time is reasonably required by the circumstances and such shorter time is specified in Seller’s notice) of Seller’s notice to Purchaser requesting such consent unless Purchaser notifies Seller to the contrary during that period. Notwithstanding the foregoing provisions of this Section 6.4, in the event of an emergency, Seller may take such action as reasonably necessary and shall notify Purchaser of such action promptly thereafter.
Section 6.5Indemnity Regarding Access. Purchaser agrees to indemnify, defend and hold harmless Seller, its Affiliates, the other owners of interests in the Properties, and all such Persons’ directors, officers, employees, agents and representatives from and against any and all claims, liabilities, losses, costs and expenses (including court costs and reasonable attorneys’ fees), including claims, liabilities, losses, costs and expenses attributable to personal injury, death, or property damage, arising out of or relating to access to the Assets prior to the Closing by Purchaser, its Affiliates, or its or their directors, officers, employees, agents or representatives, even if caused in whole or in part by the negligence (whether sole, joint or concurrent), strict liability or other legal fault of any indemnified Person.
Section 6.6Governmental Reviews.
(a) Seller and Purchaser shall each in a timely manner make (or cause its applicable Affiliate to make) (i) all required filings, including filings required under the HSR Act, and prepare applications to and conduct negotiations with, each Governmental Authority as to which such filings, applications or negotiations are necessary or appropriate in the consummation of the transactions contemplated hereby and (ii) provide such information as the other may reasonably request in order to make such filings, prepare such applications and conduct such negotiations. Each Party shall cooperate with and use all reasonable efforts to assist the other with respect to such filings, applications and negotiations. Purchaser shall bear the cost of all filing or application fees payable to any Governmental Authority with respect to the transactions contemplated by this Agreement, regardless of whether Purchaser, Seller or any Affiliate of any of them is required to make the payment.
(b) Without limiting the generality of the preceding, prior to Closing, Purchaser shall take all such actions as are required to qualify to hold Leases on the U.S. Outer Continental Shelf and other government Leases, rights-of-way and other rights included in the Assets and to meet any other requirements to receive and hold such Assets. Promptly after Closing, Purchaser and Seller shall make all required filings with the U.S. Minerals Management Service and other Governmental Authorities to properly assign and transfer government leases,
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operating rights and right of ways and any other related Assets. Purchaser shall make all other required filings with any Governmental Authorities after Closing with respect to the transactions contemplated by this Agreement, including filing all required operator registration and change in operator, designation of operator and designation of applicant forms, and shall send all statutorily required notices with respect to Properties presently operated by Seller. Purchaser shall also arrange for all bonds, letters of credit and guarantees required with respect to the ownership or operation of the Assets to be posted on or before Closing, as described in Section 13.5.
Section 6.7Operatorship. Within fifteen (15) days after execution of this Agreement, Seller shall send notices to all co-owners of the Properties that it currently operates nominating and recommending Purchaser’s Affiliate, Eni US Operating Co. Inc., as successor operator following the Closing. Seller makes no representation or warranty as to Purchaser’s ability to succeed to operatorship of these Properties.
Section 6.8Volumetric Production Payments. Prior to the Effective Date, the volumetric production payment contracts identified on Schedule 4.10 shall be purchased by Seller or its Affiliates. Seller shall take all actions required to cause the existing volumetric production payments burdening the Properties to be terminated, including the filing of terminations or re-conveyances in the real property records of any county and parish adjacent to the volumetric production payment properties.
Section 6.9Hedges. At or prior to Closing, Seller and its Affiliates shall eliminate all futures, options, swaps and other derivatives, except the Transferred Derivatives, with respect to the sale of production from the Assets that are currently binding on the Assets.
Section 6.10Vehicles and Equipment. At or prior to Closing, Seller or Affiliates of Seller will exercise available options under applicable lease agreements to terminate such agreements and to purchase certain vehicles, computers, and software leased thereunder for use in the operation of the E&P Business, expending up to the amount specified in Section 2.3(d), which vehicles, computers and software shall then be included in the Assets at Closing. At Closing, Purchaser shall reimburse Seller for such purchase costs and any other costs or expenses related thereto (the “Computer/Vehicle Buy-Out Costs”), as an adjustment to the Unadjusted Purchase Price in accordance with Section 2.3(d).
Section 6.11Seismic Licenses. Until the Cut-Off Date, Seller and Purchaser shall use commercially reasonable efforts to obtain replacement licenses in the name of Purchaser, or approval for transfer of the existing licenses, for seismic data relating solely to the Assets which Seller holds under license and the transfer of which is prohibited or subjected to payment of a fee or other consideration in connection with the transactions contemplated by this Agreement. All costs of such replacement licenses or license transfers shall be borne one-half by Seller and one-half by Purchaser, provided that in no event shall Seller be obligated to (i) make any payment except in accordance with the Post-Closing Purchase Price adjustment procedures set forth in Section 8.4, and (ii) pay more than Twenty-five Million dollars ($25,000,000) pursuant to this Section 6.11. Purchaser and Seller shall reasonably cooperate with each other in this effort, including furnishing personnel of Purchaser to manage the contracts and negotiations with third party vendors following Closing, if so requested by Seller.
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Section 6.12Further Assurances. After Closing, Seller and Purchaser each agrees to take such further actions and to execute, acknowledge and deliver all such further documents as are reasonably requested by the other for carrying out the purposes of this Agreement or of any document delivered pursuant to this Agreement.
Section 6.13Building Lease. Seller will make reasonable efforts to obtain assurances from the lessor of 1250 Poydras that upon Seller’s assignment of the leases to Purchaser, Purchaser shall be entitled to all of the same rights as Seller under the original lease; provided Seller shall not be required to pay money to such lessor or provide any other compensation or concession to such lessor in order to obtain such assurances.
Section 6.14Transition Services Agreement. Prior to Closing, Seller and Purchaser each agrees to cooperate in good faith to design and implement a mutually agreeable transition plan with respect to the services listed on the schedules to the DEPI/Offshore Transition Services Agreement.
ARTICLE 7.
CONDITIONS TO CLOSING
Section 7.1Conditions of Seller to Closing. The obligations of Seller to consummate the transactions contemplated by this Agreement are subject, at the option of Seller, to the satisfaction on or prior to Closing of each of the following conditions:
(a)Representations. The representations and warranties of Purchaser set forth in Article 5 shall be true and correct in all material respects as of the date of this Agreement and as of the Closing Date as though made on and as of the Closing Date;
(b)Performance. Purchaser shall have performed and observed, in all material respects, all covenants and agreements to be performed or observed by it under this Agreement prior to or on the Closing Date;
(c)No Action. On the Closing Date, no injunction, order or award restraining, enjoining or otherwise prohibiting the consummation of the transactions contemplated by this Agreement, or granting substantial damages in connection therewith, shall have been issued and remain in force, and no suit, action, or other proceeding (excluding any such matter initiated by Seller or any of its Affiliates) shall be pending before any Governmental Authority or body of competent jurisdiction seeking to enjoin or restrain or otherwise prohibit the consummation of the transactions contemplated by this Agreement or recover substantial damages from Seller or any Affiliate of Seller resulting therefrom; and
(d)Governmental Consents. All material consents and approvals of any Governmental Authority required for the transfer of the Assets from Seller to Purchaser as contemplated under this Agreement, except consents and approvals of assignments by Governmental Authorities that are customarily obtained after closing, shall have been granted, or the necessary waiting period shall have expired, or early termination of the waiting period shall have been granted.
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Section 7.2Conditions of Purchaser to Closing. The obligations of Purchaser to consummate the transactions contemplated by this Agreement are subject, at the option of Purchaser, to the satisfaction on or prior to Closing of each of the following conditions:
(a)Representations. The representations and warranties of Seller set forth in Article 4 shall be true and correct as of the date of this Agreement and as of the Closing Date as though made on and as of the Closing Date (other than representations and warranties that refer to a specified date, which need only be true and correct on and as of such specified date), except for such breaches, if any, as would not have a Material Adverse Effect (except to the extent such representation or warranty is qualified by its terms by materiality or Material Adverse Effect, such qualification in its terms shall be inapplicable for purposes of this Section);
(b)Performance. Seller shall have performed and observed, in all material respects, all covenants and agreements to be performed or observed by it under this Agreement prior to or on the Closing Date except, in the case of breaches of Sections 6.4 and 6.7, for such breaches, if any, as would not have a Material Adverse Effect (except to the extent such covenant or agreement is qualified by its terms by materiality or Material Adverse Effect, such qualification in its terms shall be inapplicable for purposes of this Section);
(c)No Action. On the Closing Date, no injunction, order or award restraining, enjoining or otherwise prohibiting the consummation of the transactions contemplated by this Agreement, or granting substantial damages in connection therewith, shall have been issued and remain in force, and no suit, action, or other proceeding (excluding any such matter initiated by Purchaser or any of its Affiliates) shall be pending before any Governmental Authority or body of competent jurisdiction seeking to enjoin or restrain or otherwise prohibit the consummation of the transactions contemplated by this Agreement or recover substantial damages from Purchaser or any Affiliate of Purchaser resulting therefrom;
(d)Governmental Consents. All material consents and approvals of any Governmental Authority required for the transfer of the Assets from Seller to Purchaser as contemplated under this Agreement, except consents and approvals of assignments by Governmental Authorities that are customarily obtained after closing, shall have been granted or the necessary waiting period shall have expired, or early termination of the waiting period shall have been granted; and
(e)Preferential Purchase Rights. At least thirty (30) days shall have passed from the date upon which notice was delivered to or deemed received by, pursuant to the applicable agreement, the holders of the preferential purchase rights identified in Schedule 4.12 notifying such holders that the time period for the exercise of such rights had begun.
ARTICLE 8.
CLOSING
Section 8.1Time and Place of Closing. The consummation of the purchase and sale of the Assets contemplated by this Agreement (the “Closing”) shall, unless otherwise agreed to in writing by Purchaser and Seller, take place at the offices of Baker Botts L.L.P. located at 910 Louisiana St., Houston, Texas, at 10:00 a.m., local time, on July 2, 2007 (the “Target Closing
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Date”), or if all conditions in Article 7 to be satisfied prior to Closing have not yet been satisfied or waived, as soon thereafter as such conditions have been satisfied or waived, subject to the provisions of Article 11. The date on which the Closing occurs is referred to herein as the “Closing Date.”
Section 8.2Obligations of Seller at Closing. At the Closing, upon the terms and subject to the conditions of this Agreement, and subject to the simultaneous performance by Purchaser of its obligations pursuant to Section 8.3, Seller shall deliver or cause to be delivered to Purchaser (or its wholly-owned Affiliate that (i) has been designated in writing to Seller at least ten (10) days prior to Closing and (ii) that satisfies the requirements of Section 5.11), among other things, the following:
(a) Conveyances of the Assets in the form attached hereto as Exhibit B (the “Conveyances”), duly executed by Seller, in sufficient duplicate originals to allow recording in all appropriate jurisdictions and offices;
(b) Assignments in form required by federal, state or tribal agencies for the assignment of any federal, state or tribal Properties, duly executed by Seller, in sufficient duplicate originals to allow recording in all appropriate offices;
(c) Executed certificates described in Treasury Regulation § 1.1445-2(b)(2) certifying that Seller is not a foreign person within the meaning of the Code;
(d) Letters-in-lieu of transfer orders with respect to the Properties duly executed by DEPI or Reserves, as applicable;
(e) Titles to the vehicles acquired pursuant to Section 6.10;
(f) A certificate duly executed by an authorized corporate officer of Seller, dated as of the Closing, certifying on behalf of Seller that the conditions set forth in Sections 7.2(a) and 7.2(b) have been fulfilled;
(g) A certificate duly executed by the secretary or any assistant secretary of Seller, dated as of the Closing, (i) attaching and certifying on behalf of Seller complete and correct copies of (A) the certificate of incorporation and the bylaws of Seller, each as in effect as of the Closing, (B) the resolutions of the Board of Directors of Seller authorizing the execution, delivery, and performance by Seller of this Agreement and the transactions contemplated hereby, and (C) any required approval by the stockholders of Seller of this Agreement and the transactions contemplated hereby and (ii) certifying on behalf of Seller the incumbency of each officer of Seller executing this Agreement or any document delivered in connection with the Closing;
(h) Where notices of approval are received by Seller pursuant to a filing or application under Section 6.6, copies of those notices of approval;
(i) Counterparts of a transition services agreement between Seller and Purchaser in the form attached hereto as Exhibit C (“DEPI/Offshore Transition Services Agreement”), duly executed by Seller; and
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(j) All other documents and instruments reasonably required from Seller to transfer the Assets to Purchaser.
Section 8.3Obligations of Purchaser at Closing. At the Closing, upon the terms and subject to the conditions of this Agreement, and subject to the simultaneous performance by Seller of its obligations pursuant to Section 8.2, Purchaser shall deliver or cause to be delivered to Seller, among other things, the following:
(a) A wire transfer of the Closing Payment in same-day funds;
(b) Conveyances, duly executed by Purchaser, in sufficient duplicate originals to allow recording on all appropriate jurisdictions and offices;
(c) Assignments in form required by federal, state or tribal agencies for the assignment of any federal, state or tribal Properties, duly executed by Purchaser, in sufficient duplicate originals to allow recording in all appropriate offices;
(d) A certificate by an authorized corporate officer of Purchaser, dated as of the Closing, certifying on behalf of Purchaser that the conditions set forth in Sections 7.1(a) and 7.1(b) have been fulfilled;
(e) A certificate duly executed by the secretary or any assistant secretary of Purchaser, dated as of the Closing, (i) attaching and certifying on behalf of Purchaser complete and correct copies of (A) the certificate of incorporation and the bylaws of Purchaser, each as in effect as of the Closing, (B) the resolutions of the Board of Directors of Purchaser authorizing the execution, delivery, and performance by Purchaser of this Agreement and the transactions contemplated hereby, and (C) any required approval by the stockholders of Purchaser of this Agreement and the transactions contemplated hereby and (ii) certifying on behalf of Purchaser the incumbency of each officer of Purchaser executing this Agreement or any document delivered in connection with the Closing;
(f) Where notices of approval are received by Purchaser pursuant to a filing or application under Section 6.6, copies of those notices of approval;
(g) Evidence of replacement bonds, guarantees, and letters of credit, pursuant to Section 13.5; and
(h) Counterparts of the DEPI/Offshore Transition Services Agreement, duly executed by Purchaser.
Section 8.4 Closing Payment and Post-Closing Purchase Price Adjustments.
(a) Not later than five (5) Business Days prior to the Closing Date, Seller shall prepare and deliver to Purchaser, using and based upon the best information available to Seller, a preliminary settlement statement estimating the Purchase Price for the Assets after giving effect to all adjustments set forth in Section 2.3. The estimate delivered in accordance with this Section 8.4(a) shall constitute the dollar amount to be payable by Purchaser to Seller at the Closing (the “Closing Payment”).
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(b) As soon as reasonably practicable after the Closing but not later than the later of (i) the one hundred and twentieth (120th) day following the Closing Date and (ii) the date on which the parties or the Title Arbitrator, as applicable, finally determines all Title Defect Amounts and Title Benefit Amounts under Section 3.5(i), Seller shall prepare and deliver to Purchaser a draft statement setting forth the final calculation of the Purchase Price and showing the calculation of each adjustment under Section 2.3, based on the most recent actual figures for each adjustment. Seller shall at Purchaser’s request make reasonable documentation available to support the final figures. As soon as reasonably practicable but not later than the sixtieth (60th) day following receipt of Seller’s statement hereunder, Purchaser shall deliver to Seller a written report containing any changes that Purchaser proposes be made in such statement. Seller may deliver a written report to Purchaser during this same period reflecting any changes that Seller proposes to be made in such statement as a result of additional information received after the statement was prepared. The Parties shall undertake to agree on the final statement of the Purchase Price no later than ninety (90) days after delivery of Seller’s statement. In the event that the Parties cannot reach agreement within such period of time, any Party may refer the items of adjustment which are in dispute to a nationally-recognized independent accounting firm or consulting firm mutually acceptable to both Purchaser and Seller (the “Accounting Arbitrator”), for review and final determination by arbitration. The Accounting Arbitrator shall conduct the arbitration proceedings in Houston, Texas in accordance with the Commercial Arbitration Rules of the American Arbitration Association, to the extent such rules do not conflict with the terms of this Section. The Accounting Arbitrator’s determination shall be made within forty-five (45) days after submission of the matters in dispute and shall be final and binding on all Parties, without right of appeal. In determining the proper amount of any adjustment to the Purchase Price, the Accounting Arbitrator shall be bound by the terms of Section 2.3 and may not increase the Purchase Price more than the increase proposed by Seller nor decrease the Purchase Price more than the decrease proposed by Purchaser, as applicable. The Accounting Arbitrator shall act as an expert for the limited purpose of determining the specific disputed aspects of Purchase Price adjustments submitted by any Party and may not award damages, interest (except as expressly provided for in this Section) or penalties to any Party with respect to any matter. Seller and Purchaser shall each bear its own legal fees and other costs of presenting its case. Seller shall bear one-half and Purchaser shall bear one-half of the costs and expenses of the Accounting Arbitrator. Within ten (10) days after the earlier of (i) the expiration of Purchaser’s sixty (60) day review period without delivery of any written report or (ii) the date on which the Parties or the Accounting Arbitrator finally determine the Purchase Price, (x) Purchaser shall pay to Seller the amount by which the Purchase Price exceeds the Closing Payment or (y) Seller shall pay to Purchaser the amount by which the Closing Payment exceeds the Purchase Price, as applicable. Any post-Closing payment pursuant to this Section 8.4 shall bear interest from the Closing Date to the date of payment at the Agreed Rate.
(c) Purchaser shall assist Seller in preparation of the final statement of the Purchase Price under Section 8.4(b) by furnishing invoices, receipts, reasonable access to personnel and such other assistance as may be requested by Seller to facilitate such process post-Closing.
(d) All payments made or to be made under this Agreement to Seller shall be made by electronic transfer of immediately available funds to Consolidated Natural Gas Company, acting as representative of Seller, at the account set forth on Schedule 8.4(d), for the
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credit of Seller, or to such other bank and account as may be specified by Seller in writing. All payments made or to be made hereunder to Purchaser shall be by electronic transfer or immediately available funds to a bank and account set forth on Schedule 8.4(d), for the credit of Purchaser, or to such other bank and account as may be specified by Purchaser in writing.
ARTICLE 9.
TAX MATTERS
Section 9.1Liability for Taxes.
(a)Taxes with Respect to Assets. Seller shall be responsible for filing any Tax Return (as defined in Section 4.6(a)) with respect to Taxes attributable to the Assets for a taxable period ending on or prior to the Closing Date, and, except with respect to Seller’s income Tax Returns, Purchaser shall be responsible for filing any other Tax Return with respect to the Assets. Subject to Section 9.1(c) and (d), from and after Closing, Seller shall be liable for, and shall indemnify and hold harmless Purchaser from and against, all Taxes with respect to the Assets attributable to any taxable period ending on or prior to the Closing Date, including income Taxes arising as a result of Seller’s gain on the sale of the Assets as contemplated by this Agreement. From and after Closing, Purchaser shall be liable for, and shall indemnify and hold harmless Seller and its Affiliates from and against, all such Taxes attributable to any taxable period beginning after the Closing Date and shall reimburse Seller or its Affiliates for any such money paid by Seller or its Affiliates with respect to such Taxes no later than seven (7) calendar days after the Purchaser’s receipt of notice from Seller of Purchaser’s liability therefor. If a taxable period includes the Closing Date, any Taxes with respect to the Assets allocable to any taxable period beginning on or prior to the Closing Date and ending after the Closing Date which is allocable to the portion of such period occurring on or prior to the Closing Date (the “Pre-Closing Period”) and determined as described in Section 9.1(b) shall be the liability of Seller and any other Taxes with respect to the Assets shall be the liability of Purchaser.
(b)Straddle Period Taxes. Whenever it is necessary for purposes of this Agreement to determine the portion of any Taxes with respect to any Asset for a taxable period beginning on or prior to and ending after the Closing Date which is allocable to the Pre-Closing Period or any taxable period beginning on or prior to the Closing Date and ending after the Closing Date which is allocable to the portion of such period occurring after the Closing Date (the “Post-Closing Period”), the determination shall be made as follows: any Taxes allocable to the Pre-Closing Period that are based on or related to income, gains or receipts will be computed (by an interim closing of the books) as if such taxable period ended as of the Closing Date and any other Pre-Closing Period Taxes (except production Taxes and other Taxes measured by units of production, and severance Taxes) will be prorated based upon the number of days in the applicable period falling on or before, or after, the Closing Date. To the extent necessary, Seller shall estimate Taxes based on the Seller’s liability for Taxes with respect to the same or similar items of income, gain, loss, deduction and credit or other items (collectively “Tax Items”) in the immediately preceding year. Notwithstanding anything to the contrary herein, any ad valorem or property Taxes paid or payable with respect to the Assets shall be allocated to the taxable period applicable to the ownership of the Assets regardless of when such Taxes are assessed.
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(c)Period After Effective Date. Notwithstanding anything to the contrary in this Agreement, in the event Closing occurs after the Effective Date, from and after Closing, Purchaser shall be liable for, and shall indemnify and hold harmless Seller and its Affiliates from and against, any Taxes (including Taxes attributable to the Pre-Closing Period, but excluding production Taxes and other Taxes measured by units of production, and severance Taxes) that are allocable to the period from but excluding the Effective Date to and including the Closing Date, and shall reimburse Seller or its Affiliate for any such amount paid by it no later than 7 calendar days after the Purchaser’s receipt of notice from Seller of Purchaser’s liability therefor; provided, however, that Purchaser shall not be obligated under this Section 9.1(c) for any Taxes attributable to Seller’s gain on the sale of Assets as contemplated by this Agreement. The amount of Taxes allocable to the time period described in the previous sentence will be determined in a manner similar to and consistent with the determination of Pre-Closing Period Taxes under Section 9.1(b).
(d)Production Taxes. Notwithstanding anything to the contrary in this Agreement, production Taxes and other Taxes measured by units of production, and severance Taxes, shall not be subject to Section 9.1 and responsibility therefor and payment thereof shall be exclusively addressed by Sections 1.3(xv), 2.3, 2.4 and 8.4.
Section 9.2Contest Provisions.
(a) Each of Purchaser, on the one hand, and Seller, on the other hand (the “Tax Indemnified Person”), shall notify the chief tax officer (or other appropriate person) of Seller or Purchaser, as the case may be (the “Tax Indemnifying Person”), in writing within ten (10) days of receipt by the Tax Indemnified Person of written notice of any pending or threatened audits, adjustments, claims, examinations, assessments or other proceedings (a “Tax Audit”) which are likely to affect the liability for Taxes of such other party. If the Tax Indemnified Person fails to give such timely notice to the other party, it shall not be entitled to indemnification for any Taxes arising in connection with such Tax Audit if such failure to give notice materially adversely affects the other party’s right to participate in the Tax Audit.
(b) If such Tax Audit relates to any taxable period, or portion thereof, ending on or before the Closing Date or for any Taxes for which only Seller would be liable to indemnify Purchaser under this Agreement, Seller shall have the option, at its expense, to control the defense and settlement of such Tax Audit. If such Tax Audit relates to any taxable period, or portion thereof, beginning after the Closing Date or for any Taxes for which only Purchaser would be liable under this Agreement, Purchaser shall, at its expense, control the defense and settlement of such Tax Audit to the extent that such Tax Audit relates to Tax Items for which Purchaser is liable to indemnify Seller under Section 9.1.
(c) If such Tax Audit relates to Taxes for which both Seller and Purchaser could be liable under this Agreement, to the extent practicable, such Tax Items will be distinguished and each Party will have the option to control the defense and settlement of those Taxes for which it is so liable. If such Tax Audit relates to a taxable period, or portion thereof, beginning on or before and ending after the Closing Date and any Tax Item cannot be identified as being a liability of only one party or cannot be separated from a Tax Item for which the other party is liable, Seller, at its expense, shall have the option to control the defense and settlement of
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the Tax Audit, provided that such party defends the items as reported on the relevant Tax Return and provided further that no such matter shall be settled without the written consent of both parties, not to be unreasonably withheld.
(d) Any party whose liability for Taxes may be affected by a Tax Audit shall be entitled to participate at its expense in such defense and to employ counsel of its choice at its expense and shall have the right to consent to any settlement of such Tax Audit (not to be unreasonably withheld) to the extent that such settlement would have an adverse effect with respect to a period for which that party is liable for Taxes, under this Agreement or otherwise.
Section 9.3Post-Closing Actions Which Affect Seller’s Tax Liability.
(a) Purchaser shall not and shall not permit its Affiliates to take any action on or after the Closing Date which could increase Seller’s liability for Taxes (including any liability of Seller to indemnify Purchaser for Taxes under this Agreement).
(b) Except to the extent required by applicable Laws, Purchaser shall not and shall not permit its Affiliates to amend any Tax Return with respect to a taxable period for which Seller may be liable to indemnify Purchaser for Taxes under Section 9.1.
Section 9.4Refunds. Purchaser agrees to pay to Seller any refund received (whether by payment, credit, offset or otherwise, and together with any interest thereon) after the Closing by Purchaser or its Affiliates in respect of any Taxes for which Seller is liable or required to indemnify Purchaser under Section 9.1. Purchaser shall cooperate with Seller and Seller’s Affiliates in order to take all necessary steps to claim any such refund. Any such refund received by Purchaser or its Affiliates shall be paid to Seller within thirty (30) days after such refund is received. Purchaser agrees to notify Seller within ten (10) days following the discovery of a right to claim any such refund and upon receipt of any such refund. Purchaser agrees to claim any such refund as soon as possible after the discovery of a right to claim a refund and to furnish to Seller all information, records and assistance necessary to verify the amount of the refund or overpayment.
Section 9.5Access to Information.
(a) From and after Closing, Seller shall grant to Purchaser (or its designees) access at all reasonable times to all of the information, books and records relating to the Assets within the possession of Seller (including without limitation work papers and correspondence with taxing authorities, but excluding work product of and attorney-client communications with any of Seller’s legal counsel and personnel files), and shall afford Purchaser (or its designees) the right (at Purchaser’s expense) to take extracts therefrom and to make copies thereof, to the extent reasonably necessary to permit Purchaser (or its designees) to prepare Tax Returns, to conduct negotiations with Tax authorities, and to implement the provisions of, or to investigate or defend any claims between the Parties arising under, this Agreement.
(b) From and after Closing, Purchaser shall grant to Seller (or Seller’s designees) access at all reasonable times to all of the information, books and records relating to the Assets within the possession of Purchaser (including without limitation work papers and correspondence with taxing authorities, but excluding work product of and attorney-client
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communications with any of Purchaser’s legal counsel and personnel files), and shall afford Seller (or Seller’s designees) the right (at Seller’s expense) to take extracts therefrom and to make copies thereof, to the extent reasonably necessary to permit Seller (or Seller’s designees) to prepare Tax Returns, to conduct negotiations with Tax authorities, and to implement the provisions of, or to investigate or defend any claims between the Parties arising under, this Agreement.
(c) Each of the Parties hereto will preserve and retain all schedules, work papers and other documents relating to any Tax Returns of or with respect to Taxes relating to the Assets or to any claims, audits or other proceedings affecting the Assets until the expiration of the statute of limitations (including extensions) applicable to the taxable period to which such documents relate or until the final determination of any controversy with respect to such taxable period, and until the final determination of any payments that may be required with respect to such taxable period under this Agreement.
(d) At Seller’s request, Purchaser shall provide reasonable access to Purchaser’s and its Affiliates’ personnel who have knowledge of the information described in this Section 9.5.
Section 9.6Conflict. In the event of a conflict between the provisions of this Article 9 and any other provision of this Agreement, except Section 13.3 hereof, this Article 9 shall control.
ARTICLE 10.
EMPLOYMENT MATTERS
Section 10.1Employees. “Company Offshore Employees” shall mean all those individuals other than Executives or Managing Directors (i) who, as of the Closing Date are (x) employed by Seller who are rendering services primarily with respect to the Assets or (y) employed by Dominion Resources Services, Inc. but who are rendering services primarily with respect to the Assets or (z) individuals who, as of the Closing Date, are employed pursuant to the college recruiting program of the Seller or its Affiliates with respect to the Assets, (ii) who are not U.S. Temporary Employees, and (iii) who accept an offer of employment or continued employment with Purchaser or its Affiliates. Seller shall provide Purchaser and its Affiliates not later than thirty (30) days after the execution of this Agreement a list of Company Offshore Employees to whom Purchaser and its Affiliates must offer employment or continued employment in accordance with Section 10.2. In no event shall the number of employees on the list exceed two hundred eighty-five (285) unless Purchaser approves a higher number. From the date hereof through a date eighteen (18) months from the Closing Date, neither Purchaser nor any of its Affiliates will, directly or indirectly, solicit or offer employment to any other employee of Seller or its Affiliates without the prior written consent of Seller. Individuals who are otherwise Company Offshore Employees but who on the Closing Date are not actively at work due to a leave of absence covered by the Family and Medical Leave Act of 1993, or due to any other authorized leave of absence, shall nevertheless be treated as Company Offshore Employees;provided, however, that an individual shall not be considered a Company Offshore Employee if such individual as of the Closing Date is receiving benefits under the Dominion Resources, Inc. Long-Term Disability Plan.
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Section 10.2Continued Employment.
(a) Purchaser and its Affiliates agree to employ or continue the employment of Company Offshore Employees. Purchaser and its Affiliates shall cause the Purchaser or its Affiliate who is the employer of such employees to employ or continue the employment of such employees for a period of at least twelve (12) months following the Closing Date (i) at levels of total compensation (base pay and payroll practices) and benefits, including the amounts provided under Section 10.11, that are comparable, in the aggregate, to the compensation (base pay and payroll practices) and benefits (as noted under the Plans and Programs on Schedule 4.4(b)(i)) in effect as of the Closing Date and (ii) at a work location no more than 50 miles from the individual’s work location as of the Closing Date. In determining comparability for the 12 month period following the Closing, in no event will the base pay and annual incentive bonus opportunity for each such employee be less than his or her base pay and annual incentive bonus opportunity with Seller as of the Closing Date. In determining comparability, any long term incentive opportunity, retention plans or retention programs, Six Sigma and Spot Cash Programs listed on Part II of Schedule 4.4(b)(i), Equity-Based Programs listed on Part III of Schedule 4.4(b)(i) and amounts paid or payable from the Success Pool listed on Part V of Schedule 4.4(b)(i) shall be excluded.
(b) Purchaser and its Affiliates may offer to employ or continue the employment of any Executive;provided,however, that any offer to an Executive must include the terms and conditions specified on Schedule 10.2(d). Purchaser and its Affiliates may offer to employ or continue the employment of any Managing Director; provided, however, that any offer to a Managing Director must include the terms and conditions specified on Schedule 10.2(c)(ii).
(c) If the employment of any Company Offshore Employee is terminated, other than for cause under the severance plan on Schedule 10.2(c)(i) or resigns by reason of the relocation, without his or her consent, of his or her work location more than 50 miles from the individual’s work location as of the Closing Date within twelve (12) months of the Closing Date, Purchaser and its Affiliates shall provide, or cause to be provided, the terminated Company Offshore Employee with whichever of the following results in the greater value to such Company Offshore Employee: (i) salary continuation and health benefits until the end of the twelve (12) month period following the Closing Date, or (ii) severance benefits which are comparable, in the aggregate, to the severance benefits set out on Schedule 10.2(c)(i) and which, with respect to salary continuation, health benefits, outplacement services and annual incentive plan payment are no less than the benefits set out on Schedule 10.2(c)(i).
(d) If a Company Offshore Employee receives compensation and benefits under DEPI’s Special Severance Program but is subsequently employed by Purchaser or its Affiliates within twelve (12) months of the Closing Date, then Purchaser or its Affiliates shall pay promptly to Seller an amount equal to the compensation and benefits paid by Seller and its Affiliates to such employee under DEPI’s Special Severance Program in connection with the termination of such employee’s employment with Seller and its Affiliates. Purchaser, however,
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will have no obligation to repay Seller for any amount of compensation and benefits paid by Seller and its Affiliates to Company Offshore Employees to whom Purchaser makes a Qualifying Offer, including employees who retire before the Closing Date. If an Executive or Managing Director is employed by Purchaser or its Affiliates within twenty four (24) months of the Closing Date, then Purchaser or its Affiliates shall pay promptly to Seller an amount equal to the aggregate of the cash severance and other severance related compensation and benefits provided to such Executive or Managing Director by Seller and its Affiliates, if any, in connection with the termination of such Executive’s or Managing Director’s employment with Seller and its Affiliates.
Section 10.3Plan Participation. Effective as of the day after the Closing Date, all Company Offshore Employees shall cease to accrue additional benefits for any periods after the Closing Date, Company Offshore Employees shall be entitled to such benefits, if any, from Employee Plans sponsored by Seller or any of their ERISA Affiliates for Company Offshore Employees (“Company’s U.S. Benefit Plans”) provided to similarly situated employees employed by an entity ceasing to be an ERISA Affiliate of Seller (including continued benefits under flexible spending arrangements if applicable continuation coverage is elected) and Seller shall, if applicable, provide all Company Offshore Employees with appropriate notice of such cessation of participation and accruals in accordance with Section 204(h) of ERISA and Code Section 4980F (and the related regulations), at least forty-five (45) days in advance of the Closing Date. Except as is set forth in this Section 10.3, Section 10.2(c), Section 10.2(d), Section 10.4, Section 10.6 and Section 10.9, after the Closing Date, Purchaser and its Affiliates shall have no liability with respect to any Company U.S. Benefit Plan.
Section 10.4Participation in Purchaser Plans. As of the day after the Closing Date, all Company Offshore Employees shall, if applicable, be eligible to participate in and, if elected, shall commence participation in the employee benefit plans (within the meaning of Section 3(3) of ERISA), programs, policies, contracts, fringe benefits, or arrangements (whether written or unwritten) of Purchaser or its Affiliates covering similarly situated employees primarily engaged with respect to operations in the U.S. (collectively, “Purchaser U.S. Employee Plans”). Purchaser and its Affiliates shall, to the extent permissible under any Purchaser U.S. Employee Plan (provided that Purchaser and its Affiliates shall use reasonable efforts to remove any restrictions including restrictions in any insurance policy), waive all limitations as to pre-existing condition exclusions and waiting periods with respect to such Company Offshore Employees and their spouses and dependents, if applicable, under the Purchaser U.S. Employee Plans other than, but only to the extent of, limitations or waiting periods that were in effect with respect to such employees under the Company’s U.S. Benefit Plans that have not been satisfied as of the Closing Date. Purchaser and its Affiliates shall, to the extent permissible under any Purchaser U.S. Employee Plan (provided that Purchaser and its Affiliates shall use reasonable efforts to remove any restrictions under any Purchaser U.S. Employee Plan or related insurance policy), provide each such Company Offshore Employee with credit for any year-to-date co-payments and deductibles paid as of the Closing Date in satisfying any deductible or out-of-pocket requirements under the Purchaser U.S. Employee Plans. Purchaser and its Affiliates shall accept or cause to be accepted transfers from Seller’s health care spending account plan and dependent care flexible spending account plan included in the Company’s U.S. Benefit Plans of each such Company Offshore Employee’s unused account balance as of the day after the Closing Date and credit such employee with such amounts under the applicable Purchaser U.S. Employee Plans.
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In the event the plan years under the Purchaser U.S. Employee Plans and Company’s U.S. Benefit Plans do not end on the same date, such credits and transfers set forth in the preceding sentence shall be applied under the Purchaser U.S. Employee Plans for the plan year which includes the Closing Date;provided, however, that if there are less than six (6) months remaining in the plan year which includes the Closing Date, such credits and transfers shall be applied to the plan year which begins next following the Closing Date.
Section 10.5Service Credit. Purchaser and its Affiliates shall cause to be provided to each Company Offshore Employee credit for prior service with Seller or its Affiliates for all purposes (including vesting, eligibility, benefit accrual and/or level of benefits) in all Purchaser U.S. Employee Plans, including fringe benefit plans, vacation and sick leave policies, severance plans or policies, and matching contributions under defined contribution plans, other than for benefit accrual under defined benefit pension plans subject to Title IV of ERISA or Section 412 of the Code and retiree medical plans maintained or provided by Purchaser or its wholly-owned subsidiaries or Affiliates in which such Company Offshore Employees are eligible to participate after the Closing Date. Under Purchaser’s vacation plan, each Company Offshore Employee initially shall be entitled to vacation which is the greater of (i) the amount of vacation such Company Offshore Employee was entitled to under Seller’s vacation plan or (ii) ten (10) days of vacation plus one additional day of vacation for each year of industry experience;provided,however, that no Company Offshore Employee initially shall be entitled to more than twenty-five (25) days of vacation per year. As part of the first payment referenced in Section 10.6 below, Purchaser or its Affiliates shall make a one time cash payment in lieu of vacation for those days a Company Offshore Employee is entitled to under Seller’s vacation plan in excess of twenty-five (25) days but not more than thirty (30) days.
Section 10.6Vacation and Leave. Purchaser agrees to pay, or cause its Affiliates to pay, each Company Offshore Employee for the employee’s earned but unused vacation as of the Closing Date, as determined under Seller’s time-off policies. Purchaser will pay each Company Offshore Employee one-half of this amount on the six (6) month anniversary of the Closing Date, and the balance will be paid twelve (12) months after the Closing Date. As of the Closing Date, Purchaser or its Affiliates shall provide each Company Offshore Employee with ten (10) days of sick leave and fifty (50) days of Wellness Bank credit. Vacation and leave afforded herein shall be used in accordance with, and will be subject to, Purchaser’s personnel policies.
Section 10.7Defined Contribution Plan. To the extent allowable by law, Purchaser and its Affiliates shall take any and all necessary action to cause the trustee of a tax qualified defined contribution plan of Purchaser or one of its Affiliates, if requested to do so by a Company Offshore Employee, to accept a direct “rollover” of all or a portion of such employee’s distribution from Seller’s tax qualified defined contribution plan (excluding securities, but including plan loans).
Section 10.8Vesting. As of the Closing Date, Seller shall take all necessary action to cause the tax qualified defined contribution and defined benefit pension plans maintained by the Seller to fully vest the Company Offshore Employees in their account balances and/or accrued benefits under such plans.
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Section 10.9Welfare Benefit Plans; Workers’ Compensation; Other Benefits. With respect to each Company Offshore Employee (including any beneficiary or the dependent thereof), Seller shall retain all liabilities and obligations arising under any Seller welfare benefit plans and workers’ compensation benefits to the extent that such liability or obligation relates to claims incurred (whether or not reported or paid) on or prior to the Closing Date. For purposes of this Section 10.9, a claim shall be deemed to be incurred when (i) with respect to medical, dental, health related benefits, accident and disability (but not including workers’ compensation benefits and wage continuation/replacement type benefits), the medical, dental, health related, accident or disability services with respect to such claim are performed, (ii) with respect to life insurance, when the death occurs and (iii) with respect to workers’ compensation benefits when the injury or condition giving rise to the claim occurs on or prior to the Closing Date. Subject to Section 10.1, with respect to each Company Offshore Employee receiving workers’ compensation benefits, for purposes of this Section 10.9, Seller or its Affiliate employing such Company Offshore Employee shall be responsible for claims incurred on or prior to the Closing Date, including payments made after the Closing Date for such claims. Subject to Section 10.1, with respect to each Company Offshore Employee receiving wage continuation/replacement benefits for sickness/disability, for purposes of this Section 10.9, Seller or its Affiliate employing such Company Offshore Employee shall be responsible for any payments due on or prior to the Closing Date. Purchaser and its Affiliates shall be responsible for any payments of wage continuation/replacement benefits for sickness/disability due to such employees after the Closing Date only to the extent provided for by the Purchaser U.S. Employee Plans. Effective as of the Closing Date, Seller or its Affiliate employing such Company Offshore Employee shall be responsible for providing coverage under the Consolidated Omnibus Budget Reconciliation Act (“COBRA”) to any Company Offshore Employee, his or her spouse or dependent person as to whom a “qualifying event” as defined in Section 4890B of the Code has occurred on or prior to the Closing Date. Purchaser and its Affiliates shall be responsible for providing COBRA coverage to any Company Offshore Employee, his or her spouse or dependent person as to whom a “qualifying event” occurs after the Closing Date. Purchaser and its Affiliates agree to assume responsibility for payments and benefits provided by or committed to by Seller or its Affiliates to Company Offshore Employees with respect to (i) relocation costs and reimbursements, (ii) appliance loans, (iii) educational assistance, (iv) computer loans and (v) adoption assistance programs, except that Purchaser and its Affiliates undertake no obligation to continue any of these programs.
Section 10.10WARN Act. If a plant closing or a mass layoff occurs or is deemed to occur with respect to Seller and Dominion Resource Services, Inc. at any time on or after the Closing Date, Purchaser and its Affiliates shall be solely responsible for providing all notices required under the Worker Adjustment and Retraining Notification Act, 29 U.S.C. §2109 et seq. or the regulations promulgated thereunder (the “WARN Act”) and for taking all remedial measures, including, without limitation, the payment of all amounts, penalties, liabilities, costs and expenses if such notices are not provided.
Section 10.11Postretirement Benefits. Seller shall retain any and all liabilities, assets and obligations which relate to service of any Company Offshore Employee up to and including the Closing Date and arise under any Employee Plans that provide for postretirement benefits for periods of service up to and including the Closing Date with respect to any Company Offshore Employee employed by Seller or its Affiliates that are (i) defined benefit pension plans subject to
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Title IV of ERISA or Section 412 of the Code, (ii) defined contribution plans as defined in Section 3(34) of ERISA, or (iii) which relate to other post-employment benefits for all current retirees of Seller and Dominion Resource Services, Inc. as of the Closing Date. Purchaser and its Affiliates undertake no obligation to provide postretirement medical or life insurance. All postretirement benefits shall be determined by the Purchaser U.S. Employee Plans. On the sixth month and twelfth month anniversary of the Closing Date, Purchaser will make a cash payment to each active Company Offshore Employee in an amount equal to the individualized, incremental value of the benefit the employee would have accrued during the preceding six (6) month period under the Seller’s postretirement benefit plans for which the employee would have been eligible, less the cash value of the postretirement benefits provided to the employee under Purchaser’s U.S. Benefit Plans during the same period. These cash payments to Company Offshore Employees shall be determined using methodologies and actuarial assumptions provided by Purchaser to Seller and in the aggregate shall be not less than One Million Five Hundred Thousand dollars ($1,500,000) nor more than Two Million Five Hundred Thousand dollars ($2,500,000).
Section 10.12Annual Incentive Plan. Seller shall pay to each Company Offshore Employee as part of such individual’s final pay from Seller and its Affiliates a prorated incentive amount in accordance with the Seller’s Annual Incentive Plan.
Section 10.13Immigration Matters. Purchaser and its Affiliates shall employ individuals with H-1B immigration status under terms and conditions such that both (i) Purchaser and its Affiliates qualify as a “successor employer” under applicable United States immigration laws and (ii) “green card portability” applies to such employees in respect of the transactions contemplated by this Agreement. Seller shall retain all immigration related liabilities and responsibilities with respect to such individuals arising from acts or omissions which occur on or prior to the Closing Date.
ARTICLE 11.
TERMINATION AND AMENDMENT
Section 11.1Termination. This Agreement may be terminated at any time prior to Closing: (i) by the mutual prior written consent of Seller and Purchaser; or (ii) by either Seller or Purchaser, if Closing has not occurred on or before October 1, 2007provided,however, that no Party shall be entitled to terminate this Agreement under this Section 11.1 if the Closing has failed to occur because such Party negligently or willfully failed to perform or observe in any material respect its covenants and agreements hereunder.
Section 11.2Effect of Termination. If this Agreement is terminated pursuant to Section 11.1, this Agreement shall become void and of no further force or effect (except for the provisions of Sections 1.2, 1.3, 4.13, 5.10, 6.3, 6.5, 11.1, 11.2, 13.1, 13.2, 13.4, 13.8, 13.9, 13.10, 13.11, 13.12, 13.13, 13.14, 13.15, 13.16, 13.17, 13.18 and 13.19 and of the Confidentiality Agreement, all of which shall continue in full force and effect). Notwithstanding anything to the contrary in this Agreement, the termination of this Agreement under Section 11.1 shall not relieve any Party from liability for any willful or negligent failure to perform or observe in any material respect any of its agreements or covenants contained herein that were to be performed
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or observed at or prior to Closing. In the event this Agreement terminates under Section 11.1 and any Party has willfully or negligently failed to perform or observe in any material respect any of its agreements or covenants contained herein which are to be performed or observed at or prior to Closing, then the other Party, subject to Section 13.19, shall be entitled to all remedies available at law or in equity and shall be entitled to recover court costs and attorneys’ fees in addition to any other relief to which the other Party may be entitled (and, for the avoidance of doubt, damages recoverable by the other Party for a termination under this Article 11 shall include, without limiting similar damages of Purchaser or Seller to the extent not described below, all applicable damages (it being agreed that the following damages do not constitute consequential, special, or punitive damages for the purpose of Section 13.19) constituting: (i) all out of pocket costs paid by it and its Affiliates in connection with the terminated transaction, including brokers, agents, advisors and attorneys fees; (ii) with respect to Seller as the other Party, all costs of additional employee retention payments and/or costs of temporary or contract workers to replace workers departing after the termination of this transaction for a period of one year to the extent those costs of Seller exceed the baseline costs that would have been incurred by Seller in maintaining the employees of Seller as if the terminated transaction had never been agreed upon; (iii) with respect to Seller as the other Party, the amount, if any, by which the Unadjusted Purchase Price exceeds the aggregate unadjusted sales price for the subsequent sale or sales comprising in aggregate the sale of the Assets to a third Person or third Persons to the extent such sale or sales are completed within a period of one year following the termination of the transaction and (iv) interest at the Agreed Rate on the outstanding amount of the excess described in clause (iii) from the Target Closing Date until the last of any such subsequent sale or sales of the Assets are consummated not to exceed one year following the termination of the transaction).
ARTICLE 12.
INDEMNIFICATION; LIMITATIONS
Section 12.1Assumption. Without limiting Purchaser’s rights to indemnity under this Article 12, as of the Closing Date Purchaser shall assume and hereby agrees to fulfill, perform, pay and discharge (or cause to be fulfilled, performed, paid or discharged) all of the obligations and liabilities of Seller and its Affiliates, known or unknown, with respect to the Assets, regardless of whether such obligations or liabilities arose prior to or after the Closing Date, including, but not limited to, obligations to furnish makeup gas according to the terms of applicable gas sales, gathering or transportation Contracts, production balancing obligations, obligations with respect to crude oil scheduling imbalances, obligations to pay working interests, royalties, overriding royalties, net profits interests and other interests held in suspense, obligations to plug wells and dismantle structures, and to restore and/or remediate the Assets, ground water, surface water, soil or seabed in accordance with applicable agreements and Laws, including any obligations to assess, remediate, remove and dispose of NORM, asbestos, mercury, drilling fluids and chemicals, and produced waters and hydrocarbons, other environmental liabilities with respect to the E&P Business, obligations with respect to the actions, suits and proceedings identified as items 7, 8 and 9 on Schedule 4.5 (and any other actions, suits or proceedings arising out of the same facts or circumstances), regardless of the properties or assets to which such actions, suits or proceedings relate (unless such properties or assets are included in clauses (a) or (b) of this Section 12.1), the claim identified as item 5 on
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Schedule 4.5 (and any other claims arising out of the same facts or circumstances) regardless of the properties or assets to which such claims relate (unless such properties or assets are included in clauses (a) or (b) of this Section 12.1), any other claims regarding the general method, manner or practice of calculating or making royalty payments with respect to the Properties and continuing obligations disclosed to Purchaser under any agreements pursuant to which the Seller or its Affiliates purchased Assets prior to the Closing (all of said obligations and liabilities, subject to the exclusions of the proviso below, herein being referred to as the “Assumed Seller Obligations”); provided, however, that Purchaser does not assume any obligations to the extent that they are (collectively, the “Retained Seller Obligations”):
(a) attributable to or arise out of the Excluded Assets;
(b) directly attributable to interests held or formerly held by Seller or its Affiliates that are not located in the Outer Continental Shelf or the state waters of Texas, Louisiana, Mississippi or Alabama in the Gulf of Mexico;
(c) required to be borne by Seller under Section 2.3 or Section 2.4(c), including as provided in Section 8.4;
(d) attributable to or arise out of any futures, options, swaps or other derivatives in place prior to Closing, except the Transferred Derivatives;
(e) Tax obligations retained by Seller pursuant to Article 9;
(f) employee obligations retained by Seller under Article 10;
(g) obligations owed by Seller or its Affiliates to a third Person claimant in the actions, suits and proceedings identified as items 1 through 4, 6 and 10 through 12 of Schedule 4.5, regardless of the Assets to which such actions, suits or proceedings relate;
(h) amounts owed by Seller to any Affiliate at the end of the Closing Date that are not incurred for the provision of goods or services, for employment related costs, or otherwise in the ordinary course of business, with respect to the ownership or operation of the Assets; or
(i) the “Current Liabilities” as of December 31, 2006 set forth on Schedule A of Schedule 4.2, and any other Current Liabilities that are composed of Property Costs that arise between December 31, 2006 and the Effective Date that are outstanding at the Effective Date (provided that Seller’s retention of the same, and their classification as “Retained Seller Obligations,” shall terminate on the Cut-off Date).
Section 12.2Indemnification.
(a) From and after Closing, Purchaser shall indemnify, defend and hold harmless Seller, its current and former Affiliates and its and their respective officers, directors, employees and agents (“Seller Group”) from and against all Damages incurred or suffered by Seller Group:
(i) caused by, arising out of or resulting from the Assumed Seller Obligations;
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(ii) caused by, arising out of or resulting from the ownership, use or operation of the Assets, whether before or after the Closing Date;
(iii) caused by, arising out of or resulting from Purchaser’s breach of any of Purchaser’s covenants or agreements contained in Article 6;
(iv) caused by, arising out of or resulting from any breach of any representation or warranty made by Purchaser contained in Article 5 of this Agreement or in the certificate delivered at Closing pursuant to Section 8.3(d); or
(v) consisting of Environmental Liabilities (except to the extent Seller is required to indemnify Purchaser pursuant to Section 12.2(b)(ii) or Section 12.2(g)),
even if such Damages are caused in whole or in part by the negligence (whether sole, joint, concurrent or otherwise), strict liability or other legal fault of any Indemnified Person, invitees or third parties, and whether or not caused by a pre-existing condition or the unseaworthiness of any vessel or unairworthiness of any aircraft of a Party whether chartered, owned or provided by Seller Group or Purchaser Groupbut excepting in each case Damages against which Seller would be required to indemnify Purchaser under Section 12.2(b) at the time the claim notice is presented by Purchaser.
(b) From and after Closing, Seller shall indemnify, defend and hold harmless Purchaser, its current and former Affiliates and its and their respective officers, directors, employees and agents (“Purchaser Group”) against and from all Damages incurred or suffered by Purchaser Group:
(i) caused by, arising out of or resulting from Seller’s breach of any of Seller’s covenants or agreements contained in Article 6 (provided, however, for purposes of interpretation of the preceding indemnity, Seller’s covenants and agreements qualified by “Material Adverse Effect,” but not “material” or materiality generally, shall be deemed to have been made without the “Material Adverse Effect” qualification);
(ii) caused by, arising out of or resulting from any breach of any representation or warranty made by Seller contained in Article 4 of this Agreement, or in the certificates delivered at Closing pursuant to Section 8.2(f) (provided, however, for purposes of interpretation of the preceding indemnity, Seller’s representations and warranties qualified by “Material Adverse Effect,” but not “material” or materiality generally, shall be deemed to have been made without the “Material Adverse Effect” qualification);
(iii) caused by, arising out of or resulting from the Retained Seller Obligations;
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(iv) caused by, arising out of or resulting from claims for injury or death to any natural person attributable to or arising out of Seller’s ownership or operation of the Assets or any part thereof prior to the Effective Date;
(v) caused by, arising out of or resulting from claims (whether brought by a Governmental Authority, an individual pursuant to a qui tam or false claims act proceeding, or otherwise) that Seller failed to pay, missed a payment of, or made an error in the payment of, royalties (including minimum royalties, rentals, shut-in payments and overriding royalties) during Seller’s period of ownership or operation of the Assets or any part thereof prior to the Effective Date to the extent attributable to Seller’s failure to pay, consistent with then current industry practices prevailing in the Gulf of Mexico, royalties owing with respect to Seller’s share of production from specific Properties;
(vi) consisting of Environmental Liabilities for which Seller is required to indemnify Purchaser pursuant to Section 12.2(g);
(vii) related to off-site disposal of Hazardous Substances from the Assets prior to the Effective Date; or
(viii) constituting fines, civil, criminal or regulatory penalties that may be levied by a Governmental Authority for a violation of Environmental Laws with respect to the Assets which occurred prior to the Effective Date.
even if such Damages are caused in whole or in part by the negligence (whether sole, joint or concurrent), strict liability or other legal fault of any Indemnified Person, invitees or third parties, and whether or not caused by a pre-existing condition or the unseaworthiness of any vessel or unairworthiness of any aircraft of a Party whether chartered, owned or provided by Seller Group or Purchaser Group.
(c) Notwithstanding anything to the contrary contained in this Agreement, from and after Closing, Seller’s and Purchaser’s exclusive remedy against each other with respect to breaches of the representations, warranties, covenants and agreements of the Parties contained in Articles 4, 5 and 6 (excluding Section 6.5, which shall be separately enforceable by Seller pursuant to whatever rights and remedies are available to it outside of this Article 12) and the affirmations of such representations, warranties, covenants and agreements contained in the certificates delivered by each Party at Closing pursuant to Sections 8.2(f) or 8.3(d), as applicable, is set forth in this Section 12.2. Except for the remedies contained in this Section 12.2, and any other remedies available to the Parties at law or in equity for breaches of provisions of this Agreement other than Articles 4, 5 and 6 (excluding Section 6.5), upon Closing, Seller and Purchaser each release, remise and forever discharge the other and their or its Affiliates and all such Persons’ stockholders, officers, directors, employees, agents, advisors and representatives from any and all suits, legal or administrative proceedings, claims, demands, damages, losses, costs, liabilities, interest, or causes of action whatsoever, in law or in equity, known or unknown, which such Parties might now or subsequently may have, based on, relating to or arising out of this Agreement or Seller’s ownership, use or operation of the Assets, or the condition, quality, status or nature of the Assets, including rights to contribution under the Comprehensive Environmental Response, Compensation and Liability Act of 1980, as amended, breaches of statutory and implied warranties, nuisance or other tort actions, rights to punitive damages,
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common law rights of contribution, any rights under insurance policies issued or underwritten by the other Party or any of its Affiliates and any rights under agreements between Seller and any Affiliate of Seller,even if caused in whole or in part by the negligence (whether sole, joint, concurrent or otherwise), strict liability or other legal fault of any released Person, invitees or third parties, and whether or not caused by a pre-existing condition or the unseaworthiness of any vessel or unairworthiness of any aircraft of a Party whether chartered owned or provided by Seller Group or Purchaser Group, but excluding, however, any remaining balance owed by Seller to any other Affiliate at the end of the Closing Date for provision of goods or services, or employment-related costs, or other ordinary course of business expenses, with respect to the ownership or operation of the Assets. Without limiting the generality of the preceding sentence, Purchaser agrees that from and after Closing its only remedy with respect to Seller’s breach of its covenants and agreements in Article 6 shall be the indemnity of Seller in Section 12.2(b), as limited by the terms of this Article 12.
(d) “Damages,” for purposes of this Article 12, shall mean the amount of any actual liability, loss, cost, expense, claim, award or judgment incurred or suffered by any Indemnified Person arising out of or resulting from the indemnified matter, whether attributable to personal injury or death, property damage, contract claims, torts or otherwise, including reasonable fees and expenses of attorneys, consultants, accountants or other agents and experts reasonably incident to matters indemnified against, and the costs of investigation and/or monitoring of such matters, and the costs of enforcement of the indemnity;provided,however, that “Damages” shall not include any adjustment for Taxes that may be assessed on payments under this Article 12 or for Tax benefits received by the Indemnified Person as a consequence of any Damages. Notwithstanding the foregoing, neither Purchaser nor Seller shall be entitled to indemnification under this Section 12.2 for, and Damages shall not include, (i) loss of profits, whether actual or consequential, or other consequential damages suffered by the Party claiming indemnification, or any punitive damages (other than loss of profits, consequential damages or punitive damages suffered by third Persons for which responsibility is allocated between the Parties), (ii) any increase in liability, loss, cost, expense, claim, award or judgment to the extent such increase is caused by the actions or omissions of any Indemnified Person after the Closing Date or (iii) except with respect to claims for any Retained Seller Obligations or breach of Sections 6.9, 6.10 or 6.11, any liability, loss, cost, expense, claim, award or judgment that does not individually exceed Five Million Dollars ($5,000,000).
(e) Any claim for indemnity under this Section 12.2 by any current or former Affiliate, director, officer, employee or agent must be brought and administered by the applicable Party to this Agreement. No Indemnified Person other than Seller and Purchaser shall have any rights against either Seller or Purchaser under the terms of this Section 12.2 except as may be exercised on its behalf by Purchaser or Seller, as applicable, pursuant to this Section 12.2(e). Each of Seller and Purchaser may elect to exercise or not exercise indemnification rights under this Section on behalf of the other Indemnified Persons affiliated with it in its sole discretion and shall have no liability to any such other Indemnified Person for any action or inaction under this Section.
(f) Without prejudice to those Sections, this Section 12.2 shall not apply in respect of title matters, which are exclusively covered by Article 3, Tax matters other than Section 4.6, which are exclusively covered by Article 2 and Article 9, or claims for Property Costs, which are covered exclusively by Section 2.3, Section 2.4 and Section 8.4.
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(g)(i) Purchaser may at its option notify Seller in writing on or before ten (10) Business Days prior to the Closing Date of any matter disclosed by a Phase I Investigation conducted by Purchaser pursuant to Section 6.1 which Purchaser in good faith believes may constitute an Adverse Environmental Condition (an “Environmental Concern”). If the existence of such Adverse Environmental Condition is suspected to exist in connection with the Phase I Investigation but can only be determined through further investigation or testing of soil, groundwater, or other materials or information (a “Potential Adverse Environmental Condition”), Purchaser shall conduct a Phase II environmental assessment with respect thereto within the timeframe provided below and notify Seller in writing in accordance with the procedure described below of any item or information resulting from that Phase II environmental assessment that the Purchaser believes in good faith constitutes an Adverse Environmental Condition. Purchaser agrees that it is not permitted to conduct a Phase II environmental assessment prior to Closing.
(ii) If Purchaser delivers timely notice of an Environmental Concern as described above or of an alleged Adverse Environmental Condition confirmed through a Phase II environmental assessment as described below and Seller confirms to its reasonable satisfaction that such Environmental Concern or alleged Adverse Environmental Condition may constitute an Adverse Environmental Condition or it is determined by the Environmental Arbitrator (defined below) that such Environmental Concern or alleged Adverse Environmental Condition may constitute an Adverse Environmental Condition (an “Agreed Environmental Concern”), Seller shall provide indemnification pursuant to, and subject to the limitations applicable to, Section 12.2(b)(vi) to the extent, and only to the extent, of the Environmental Liabilities that arise from or relate thereto.
(iii) Except for such disclosure to Seller, Purchaser and Seller shall maintain the results of any environmental assessment and all findings in connection therewith strictly confidential, subject to the terms of the Confidentiality Agreement. Such notice shall include a reasonably detailed description of the Environmental Concern, including the relevant excerpt from the Phase I Investigation or Phase II environmental assessment, as appropriate.
(iv) With respect to any Potential Adverse Environmental Condition, Purchaser, within ninety (90) days after the Closing Date may conduct a Phase II environmental assessment with respect thereto. Purchaser must notify Seller on or before one hundred eighty (180) days after the Closing Date of the existence of any alleged Adverse Environmental Conditions, including a copy of the relevant Phase II environmental assessment reports.
(v) If Purchaser and Seller do not agree on the existence of an Environmental Concern or an Adverse Environmental Condition, the matter shall be submitted to a nationally recognized independent environmental consulting firm mutually acceptable to both the Purchaser and Seller (the “Environmental Arbitrator”) for review
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and final determination. The Environmental Arbitrator shall conduct the arbitration proceedings in Houston, Texas in accordance with the Commercial Arbitration Rules of the American Arbitration Association, to the extent such rules do not conflict with the terms of this Section. The Environmental Arbitrator’s determination shall be made within thirty (30) days after submission of the matters in dispute and shall be final and binding on all Parties, without right of appeal. In determining whether an Environmental Concern or Adverse Environmental Condition exists, the Environmental Arbitrator shall be bound by the terms of Section 12.2(g) and the defined terms contained in this Agreement. The Environmental Arbitrator shall act as an expert for the limited purpose of determining whether an Environmental Concern or Adverse Environmental Condition exists. Seller and Purchaser shall each bear its own legal fees and other costs of presenting its case. Seller shall bear one-half and Purchaser shall bear one-half of the costs and expenses of the Environmental Arbitrator.
(vi) Purchaser shall not conduct (or have conducted on its behalf) any material remediation operations with respect to any claimed Damages relating to a breach of Seller’s representation or warranty pursuant to Section 4.7, any claim relating to the subject matter of such representations or warranty or under any Claim related to this Section 12.2(g), without first giving Seller notice of the remediation with reasonable detail at least thirty (30) days prior thereto (or such shorter period of time as shall be required by any Governmental Authority or required to respond to an emergency situation). Seller shall have the option (in its sole discretion) to conduct (or have conducted on its behalf) such remediation operations. If Seller shall not have notified Purchaser of its agreement to conduct such remediation operations within such specified period, then Purchaser may conduct (or have conducted on its behalf) such operations. Purchaser and Seller agree that any remediation activities undertaken with respect to the Assets, whether conducted by Purchaser or Seller, for which Seller may have responsibility shall be reasonable in extent and cost effective and shall be designed or implemented in such a manner as to achieve the least stringent risk-based closure or remediation standard applicable to the property in question under Environmental Laws, subject to the approval of any Governmental Authority with jurisdiction over such remediation activities, and as necessary to permit the continued use of the property in the same manner and for the same purposes for which it was being used at the Closing Date. All remediation activities conducted by Seller under this Agreement shall be conducted to the extent reasonably possible so as not to substantially interfere with Purchaser’s operation of the Assets.
(h) The Parties shall treat, for Tax purposes, any amounts paid under this Article 12 as an adjustment to the applicable Purchase Price.
Section 12.3Indemnification Actions. All claims for indemnification under Section 12.2 shall be asserted and resolved as follows:
(a) For purposes of this Article 12, the term “Indemnifying Person” when used in connection with particular Damages shall mean the Person having an obligation to indemnify another Person or Persons with respect to such Damages pursuant to this Article 12, and the term “Indemnified Person” when used in connection with particular Damages shall mean a Person having the right to be indemnified with respect to such Damages pursuant to this Article 12 (including, for the avoidance of doubt, those Persons identified in Section 12.2(e)).
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(b) To make claim for indemnification under Section 12.2, an Indemnified Person shall notify the Indemnifying Person of its claim, including the specific details of and specific basis under this Agreement for its claim (the “Claim Notice”). In the event that the claim for indemnification is based upon a claim by a third Person against the Indemnified Person (a “Claim”), the Indemnified Person shall provide its Claim Notice promptly after the Indemnified Person has actual knowledge of the Claim and shall enclose a copy of all papers (if any) served with respect to the Claim; provided that the failure of any Indemnified Person to give notice of a Claim as provided in this Section 12.3 shall not relieve the Indemnifying Person of its obligations under Section 12.2 except to the extent such failure results in insufficient time being available to permit the Indemnifying Person to effectively defend against the Claim or otherwise prejudices the Indemnifying Person’s ability to defend against the Claim. In the event that the claim for indemnification is based upon an inaccuracy or breach of a representation, warranty, covenant or agreement, the Claim Notice shall specify the representation, warranty, covenant or agreement that was inaccurate or breached.
(c) In the case of a claim for indemnification based upon a Claim, the Indemnifying Person shall have thirty (30) days from its receipt of the Claim Notice to notify the Indemnified Person whether it admits or denies its obligation to defend the Indemnified Person against such Claim under this Article 12. If the Indemnifying Person does not notify the Indemnified Person within such thirty (30) day period regarding whether the Indemnifying Person admits or denies its obligation to defend the Indemnified Person, it shall be conclusively deemed obligated to provide such indemnification hereunder. The Indemnified Person is authorized, prior to and during such thirty (30) day period, to file any motion, answer or other pleading that it shall deem necessary or appropriate to protect its interests or those of the Indemnifying Person and that is not prejudicial to the Indemnifying Person.
(d) If the Indemnifying Person admits its obligation, it shall have the right and obligation to diligently defend, at its sole cost and expense, the Claim. The Indemnifying Person shall have full control of such defense and proceedings, including any compromise or settlement thereof. If requested by the Indemnifying Person, the Indemnified Person agrees to cooperate in contesting any Claim which the Indemnifying Person elects to contest (provided, however, that the Indemnified Person shall not be required to bring any counterclaim or cross-complaint against any Person). The Indemnified Person may participate in, but not control, any defense or settlement of any Claim controlled by the Indemnifying Person pursuant to this Section 12.3(d) provided that the Indemnified Person may file initial pleadings as described in the last sentence of paragraph (c) above if required by court or procedural rules to do so within the thirty (30) day period in paragraph (c) above. An Indemnifying Person shall not, without the written consent of the Indemnified Person, settle any Claim or consent to the entry of any judgment with respect thereto that (i) does not result in a final resolution of the Indemnified Person’s liability with respect to the Claim (including, in the case of a settlement, an unconditional written release of the Indemnified Person from all further liability in respect of such Claim) or (ii) may materially and adversely affect the Indemnified Person (other than as a result of money damages covered by the indemnity).
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(e) If the Indemnifying Person does not admit its obligation or admits its obligation but fails to diligently defend or settle the Claim, then the Indemnified Person shall have the right to defend against the Claim (at the sole cost and expense of the Indemnifying Person, if the Indemnified Person is entitled to indemnification hereunder), with counsel of the Indemnified Person’s choosing, subject to the right of the Indemnifying Person to admit its obligation to indemnify the Indemnified Person and assume the defense of the Claim at any time prior to settlement or final determination thereof. If the Indemnifying Person has not yet admitted its obligation to indemnify the Indemnified Person, the Indemnified Person shall send written notice to the Indemnifying Person of any proposed settlement and the Indemnifying Person shall have the option for ten (10) days following receipt of such notice to (i) admit in writing its obligation for indemnification with respect to such Claim and (ii) if its obligation is so admitted, assume the defense of the Claim, including the power to reject the proposed settlement. If the Indemnified Person settles any Claim over the objection of the Indemnifying Person after the Indemnifying Person has timely admitted its obligation for indemnification in writing and assumed the defense of the Claim, the Indemnified Person shall be deemed to have waived any right to indemnity with respect to the Claim.
(f) In the case of a claim for indemnification not based upon a Claim, the Indemnifying Person shall have thirty (30) days from its receipt of the Claim Notice to (i) cure the Damages complained of, (ii) admit its obligation to provide indemnification with respect to such Damages or (iii) dispute the claim for such Damages. If the Indemnifying Person does not notify the Indemnified Person within such thirty (30) day period that it has cured the Damages or that it disputes the claim for such Damages, the Indemnifying Person shall be conclusively deemed obligated to provide indemnification hereunder.
Section 12.4Casualty and Condemnation. If, after the date of this Agreement but prior to Closing Date, any portion of the Assets is destroyed by fire or other casualty or is expropriated or taken in condemnation or under right of eminent domain, Purchaser shall nevertheless be required to close. In the event that the amount of the costs and expenses associated with repairing or restoring the Assets affected by such casualty, and the Allocated Value determined in the same manner as a Title Defect in accordance with Section 3.5(g) for any Unit(s), Well(s), Lease(s) or PUD Lease(s) taken exceeds Fifteen Million dollars ($15,000,000), Seller must elect by written notice to Purchaser prior to Closing either (i) to cause the Assets affected by any casualty to be repaired or restored, at Seller’s sole cost, as promptly as reasonably practicable (which work may extend after the Closing Date), (ii) to indemnify Purchaser through a document to be delivered at Closing reasonably acceptable to Seller and Purchaser, against any costs or expenses that Purchaser reasonably incurs to repair or restore the Assets subject to any casualty or (iii) to treat the costs and expenses associated with repairing or restoring the Assets affected by such casualty or the Allocated Value for any Unit(s), Well(s), Lease(s) or PUD Lease(s) taken as a breach of Seller’s representation under Section 3.1 but without regard to the limitations in Section 3.5(g). In each case, Seller shall retain all rights to insurance and other claims against third Persons with respect to the casualty or taking except to the extent the Parties otherwise agree in writing.
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Section 12.5Limitation on Actions.
(a) The representations and warranties of the Seller and Purchaser in Articles 4 (excluding Section 4.19 and the last sentence of Section 4.16) and 5 and the covenants and agreements of the Parties in Article 6, (excluding Section 6.5) and the corresponding representations and warranties given in the certificates delivered at Closing pursuant to Sections 8.2(f) and 8.3(d), as applicable, shall survive the Closing for a period of six (6) months. The representations and warranties of Seller in Section 4.19 and the last sentence of Section 4.16 shall terminate at Closing.
The remainder of this Agreement shall survive the Closing without time limit except as may otherwise be expressly provided herein. Representations, warranties, covenants and agreements shall be of no further force and effect after the date of their expiration, provided that there shall be no termination of any bona fide claim asserted pursuant to this Agreement with respect to such a representation, warranty, covenant or agreement prior to its expiration date.
(b) The indemnities in Section 12.2(a)(iii), Section 12.2(a)(iv), Section 12.2(b)(i) and Section 12.2(b)(ii) shall terminate as of the termination date of each respective representation, warranty, covenant or agreement that is subject to indemnification, except in each case as to matters for which a specific written claim for indemnity has been delivered to the Indemnifying Person on or before such termination date. The indemnities in Section 12.2(a)(i), Section 12.2(a)(ii), Section 12.2(a)(v), Section 12.2(b)(iii) (to the extent related to Section 12.1(a), Section 12.1(b) and Section 12.1(d)) and Section 12.4 shall continue without time limit. The indemnities in Section 12.2(b)(iii) (to the extent related to Section 12.1(c), Section 12.1(e), Section 12.1(f), Section 12.1(g), Section 12.1(h) and Section 12.1(i)), Section 12.2(b)(iv), Section 12.2(b)(v), Section 12.2(b)(vi), Section 12.2(b)(vii) and Section 12.2(b)(viii) shall terminate one (1) year after the Closing, except in each case as to matters which a specific written claim for indemnity has been delivered to the Indemnifying Person on or before such termination date.
(c) Seller shall not have any liability for any indemnification under Section 12.2 until and unless the aggregate amount of the liability for all Damages for which Claim Notices are delivered by Purchaser exceeds Fifty Million dollars ($50,000,000), and then only to the extent such Damages exceed Fifty Million dollars ($50,000,000). This Section shall not limit indemnification for the Retained Seller Obligations or for a breach of those covenants contained in Sections 6.9, 6.10 and 6.11, nor shall Damages for those matters count toward the Fifty Million dollars ($50,000,000) deductible described above.
(d) Notwithstanding anything to the contrary contained elsewhere in this Agreement, Seller shall not be required to indemnify Purchaser under this Article 12 for aggregate Damages in excess of Five Hundred Million dollars ($500,000,000); provided, however, that this Section 12.5(d) shall not limit Seller’s liability (i) with respect to the Retained Seller Obligations, (ii) for a breach of those covenants contained in Sections 6.9, 6.10 and 6.11 or (iii) with respect to Section 12.4.
(e) The amount of any Damages for which an Indemnified Person is entitled to indemnity under this Article 12 shall be reduced by the amount of insurance proceeds realized
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by the Indemnified Person or its Affiliates with respect to such Damages (net of any collection costs, and excluding the proceeds of any insurance policy issued or underwritten by the Indemnified Person or its Affiliates).
ARTICLE 13.
MISCELLANEOUS
Section 13.1Counterparts. This Agreement may be executed in counterparts, each of which shall be deemed an original instrument, but all such counterparts together shall constitute but one agreement.
Section 13.2Notices. All notices that are required or may be given pursuant to this Agreement shall be sufficient in all respects if given in writing, in English and delivered personally, by telecopy or by recognized courier service, as follows:
| | |
If to Seller: | | Consolidated Natural Gas Company 120 Tredegar Street Richmond, Virginia 23219 Attention: Christine M. Schwab Telephone: (804) 819-2142 Facsimile: (804) 819-2214 |
| |
With a copy to: | | Dominion Resources, Inc. 120 Tredegar Street Richmond, Virginia 23219 Attention: Mark O. Webb Telephone: (804) 819-2140 Telecopy: (804) 819-2202 |
| |
and with a copy to: | | Baker Botts L.L.P. 910 Louisiana Street Houston, Texas 77002 Attention: David F. Asmus Telephone: (713) 229-1539 Telecopy: (713) 229-2839 |
| |
If to Purchaser: | | Eni Petroleum Co. Inc. 1201 Louisiana Street, Suite 3500 Houston, Texas 77002 Attention: Roberto Dall’Omo Telephone: (713) 393-6111 Telecopy: (713) 393-6212 |
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| | |
With a copy to: | | Eni Petroleum Co. Inc. 1201 Louisiana Street, Suite 3500 Houston, Texas 77002 Attention: Susan Lindberg Telephone: (713) 393-6146 Telecopy: (713) 393-6203 |
| |
and with a copy to: | | Bracewell & Giuliani LLP 711 Louisiana Street Houston, Texas 77002 Attention: James McAnelly III Telephone: (713) 221-1194 Telecopy: (713) 222-3241 |
Either Party may change its address for notice by notice to the other in the manner set forth above. All notices shall be deemed to have been duly given at the time of receipt by the Party to which such notice is addressed.
Section 13.3Sales or Use Tax, Recording Fees and Similar Taxes and Fees. Notwithstanding anything to the contrary in Article 9, Purchaser shall bear any sales, use, excise, real property transfer or gain, gross receipts, goods and services, registration, capital, documentary, stamp or transfer Taxes, recording fees and similar Taxes and fees incurred and imposed upon, or with respect to, the property transfers or other transactions contemplated hereby. Should Seller or any Affiliate of Seller pay prior to Closing, or should Seller or any continuing Affiliate of Seller pay after Closing, any amount for which Purchaser is liable under this Section 13.3, Purchaser shall, promptly following receipt of Seller’s invoice, reimburse the amount paid. If such transfers or transactions are exempt from any such taxes or fees upon the filing of an appropriate certificate or other evidence of exemption, Purchaser shall timely furnish to Seller such certificate or evidence.
Section 13.4Expenses. Except as provided in Section 6.6 and in Section 13.3, all expenses incurred by Seller in connection with or related to the authorization, preparation or execution of this Agreement, and the Exhibits and Schedules hereto and thereto, and all other matters related to the Closing, including without limitation, all fees and expenses of counsel, accountants and financial advisers employed by Seller, shall be borne solely and entirely by Seller, and all such expenses incurred by Purchaser shall be borne solely and entirely by Purchaser.
Section 13.5Replacement of Bonds, Letters of Credit and Guarantees. The Parties understand that none of the bonds, letters of credit and guarantees, if any, posted by Seller or any Affiliate of Seller with any Governmental Authority or third Person and relating to the Assets are to be transferred to Purchaser. On or before Closing, Purchaser shall obtain, or cause to be obtained in the name of Purchaser, replacements for such bonds, letters of credit and guarantees, and shall cause, effective as of the Closing, the cancellation or return to Seller of the bonds, letters of credit and guarantees posted by Seller and such Affiliates. Purchaser may also provide evidence that such replacements are not necessary as a result of existing bonds, letters of credit or guarantees that Purchaser has previously posted as long as such existing bonds, letters of credit or guarantees are adequate to secure the release of those posted by Seller.
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Section 13.6Records.
(a) Within ten (10) days after the Closing Date, Seller shall deliver or cause to be delivered to Purchaser any Records that are in the possession of Seller or its Affiliates, subject to Section 13.6(b).
(b) Seller may retain the originals of those Records relating to Tax and accounting matters and provide Purchaser, at its request, (i) with copies of such Records that pertain to non-income Tax matters solely related to the Assets or (ii) if such Records are necessary for Purchaser to adequately prepare Tax Returns or to contest a Tax Audit pursuant to Article 9 with respect to any taxable period falling partly in the Pre-Closing Period and partly in the Post-Closing Period, with copies of such Records that are required by Purchaser for such Tax Records or Tax Audit. Seller may retain copies of any other Records.
(c) Purchaser, for a period of seven (7) years following the Closing, shall:
(i) retain the Records,
(ii) provide Seller, its Affiliates, and their respective officers, employees and representatives with access to the Records during normal business hours for review and copying at Seller’s expense and
(iii) provide Seller, its Affiliates, and their respective officers, employees and representatives with access, during normal business hours, to materials received or produced after Closing relating to
(A) Seller’s obligations under Article 9 (including to prepare Tax Returns and to conduct negotiations with Tax Authorities), or
(B) any claim for indemnification made under Section 12.2 of this Agreement (excluding, however, attorney work product and attorney-client communications with respect to any such claim being brought by Purchaser under this Agreement)
for review and copying at Seller’s expense and to the Purchaser’s personnel for the purpose of discussing any such matter or claim.
Section 13.7Name Change. As promptly as practicable, but in any case within one hundred twenty (120) days after the Closing Date, Purchaser shall eliminate the use of the name “Dominion” and variants thereof from the Assets and the E&P Business, and, except with respect to such grace period for eliminating existing usage, shall have no right to use any logos, trademarks or trade names belonging to Seller or any of its Affiliates. Purchaser shall be solely responsible for any direct or indirect costs or expenses resulting from the change in use of name, and any resulting notification or approval requirements.
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Section 13.8Governing Law and Venue. This Agreement and the legal relations between the Parties shall be governed by and construed in accordance with the laws of the State of Texas, without regard to principles of conflicts of laws that would direct the application of the laws of another jurisdiction.
Section 13.9Jurisdiction; Consent to Service of Process; Waiver. Each Party to this Agreement agrees (except to the extent a dispute, controversy, or claim arising out of or in relation to or in connection with the allocation of the Purchase Price pursuant to Section 2.2, the determination of a Title Defect Amount or Title Benefit Amount pursuant to Section 3.5(i), the determination of Purchase Price adjustments pursuant to Section 8.4(b) or the determination of an Adverse Environmental Condition pursuant to Section 12.2(g)(vi) is referred to an expert pursuant to those Sections), that it shall bring any action or proceeding in respect of any claim arising out of or related to this Agreement, whether in tort or contract or at law or in equity, exclusively in any Federal or state court in the State of New York and solely in connection with claims arising under such agreement or instrument or the transactions contained in or contemplated by such agreement or instrument, (i) irrevocably submits to the exclusive jurisdiction of such courts, (ii) waives any objection to laying venue in any such action or proceeding in such courts, (iii) waives any objection that such courts are an inconvenient forum or do not have jurisdiction over it and (iv) agrees that service of process upon it may be effected by mailing a copy thereof by registered or certified mail (or any substantially similar form of mail), postage prepaid, to it at its address specified in Section 13.2. The foregoing consents to jurisdiction and service of process shall not constitute general consents to service of process in the State of New York for any purpose except as provided herein and shall not be deemed to confer rights on any Person other than the parties to this Agreement. Each of the Parties to this Agreement hereby knowingly and intentionally, irrevocably and unconditionally waives trial by jury in any legal action or proceeding relating to this Agreement and for any counterclaim therein.
Section 13.10Captions. The captions in this Agreement are for convenience only and shall not be considered a part of or affect the construction or interpretation of any provision of this Agreement.
Section 13.11Waivers. Any failure by any Party to comply with any of its obligations, agreements or conditions herein contained may be waived by the Party to whom such compliance is owed by an instrument signed by the Party to whom compliance is owed and expressly identified as a waiver, but not in any other manner. No waiver of, or consent to a change in, any of the provisions of this Agreement shall be deemed or shall constitute a waiver of, or consent to a change in, other provisions hereof (whether or not similar), nor shall such waiver constitute a continuing waiver unless otherwise expressly provided.
Section 13.12Assignment. No Party shall assign or otherwise transfer all or any part of this Agreement, nor shall any Party delegate any of its rights or duties hereunder, without the prior written consent of the other Party and any transfer or delegation made without such consent shall be void. Subject to the foregoing, this Agreement shall be binding upon and inure to the benefit of the Parties hereto and their respective successors and assigns.
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Section 13.13Entire Agreement. The Confidentiality Agreement, this Agreement and the documents to be executed hereunder and the Exhibits and Schedules attached hereto constitute the entire agreement among the Parties pertaining to the subject matter hereof, and supersede all prior agreements, understandings, negotiations and discussions, whether oral or written, of the Parties pertaining to the subject matter hereof.
Section 13.14Amendment. This Agreement may be amended or modified only by an agreement in writing signed by Seller and Purchaser and expressly identified as an amendment or modification.
Section 13.15No Third-Person Beneficiaries. Nothing in this Agreement shall entitle any Person other than Purchaser and Seller to any claim, cause of action, remedy or right of any kind, except the rights expressly provided to the Persons described in Section 6.5 and Section 12.2(e).
Section 13.16Guarantees. Simultaneous with the execution of this Agreement, Seller has caused Dominion Resources, Inc. (“DRI”) to deliver to Purchaser a guarantee for the performance of Seller’s obligations hereunder and any agreements executed pursuant to this Agreement in substantially the form attached hereto as Exhibit E and Purchaser has caused Eni S.p.A. (“Eni Parent”) to deliver to Seller a guarantee for the performance of Purchaser’s obligations hereunder and any agreements executed pursuant to this Agreement in substantially the form attached hereto as Exhibit F.
Section 13.17References.
In this Agreement:
(a) References to any gender includes a reference to all other genders;
(b) References to the singular includes the plural, and vice versa;
(c) Reference to any Article or Section means an Article or Section of this Agreement;
(d) Reference to any Exhibit or Schedule means an Exhibit or Schedule to this Agreement, all of which are incorporated into and made a part of this Agreement;
(e) Unless expressly provided to the contrary, “hereunder”, “hereof”, “herein” and words of similar import are references to this Agreement as a whole and not any particular Section or other provision of this Agreement;
(f) References to “$” or “dollars” means United States dollars; and
(g) “Include” and “including” shall mean include or including without limiting the generality of the description preceding such term.
Section 13.18Construction. Purchaser is capable of making such investigation, inspection, review and evaluation of the Assets as a prudent purchaser would deem appropriate
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under the circumstances, including with respect to all matters relating to the Assets, their value, operation and suitability. Each of Seller and Purchaser has had the opportunity to exercise business discretion in relation to the negotiation of the details of the transaction contemplated hereby. This Agreement is the result of arm’s-length negotiations from equal bargaining positions. It is expressly agreed that this Agreement shall not be construed against any Party, and no consideration shall be given or presumption made, on the basis of who drafted this Agreement or any particular provision thereof.
Section 13.19Limitation on Damages. Notwithstanding anything to the contrary contained herein, none of Purchaser, Seller or any of their respective Affiliates shall be entitled to consequential, special or punitive damages in connection with this Agreement and the transactions contemplated hereby (other than consequential, special or punitive damages suffered by third Persons for which responsibility is allocated between the Parties) and each of Purchaser and Seller, for itself and on behalf of its Affiliates, hereby expressly waives any right to consequential, special or punitive damages in connection with this Agreement and the transactions contemplated hereby (other than consequential, special or punitive damages suffered by third Persons for which responsibility is allocated between the Parties).
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IN WITNESS WHEREOF, this Agreement has been signed by each of the Parties as of the date first above written.
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SELLER: | | DOMINION EXPLORATION & PRODUCTION, INC. |
| |
| | |
| | Name: Dennis G. Millet |
| | Title: Vice President, Financial Management |
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PURCHASER: | | ENI PETROLEUM CO. INC. |
| |
| | |
| | Name: Roberto Dall’Omo |
| | Title: President & CEO |
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ATTACHEDTOANDMADEPARTOFTHATCERTAIN OFFSHORE PACKAGE PURCHASE AGREEMENTBYANDBETWEEN
DOMINION EXPLORATION & PRODUCTION, INC.AND ENI PETROLEUM CO. INC.
EXHIBIT A-1
LEASES
NOTE:
Interest Type designations used on the following pages identify the type of interest held by Seller in each scheduled tract. The four Interest Type designations and their meanings are as follows:
| | |
OP: | | A working interest for which Seller does not possess record title in the records of the Minerals Management Service. |
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OR: | | An overriding royalty interest that has no associated working interest. |
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RT: | | A working interest for which Seller possesses record title in the records of the Minerals Management Service. |
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WI | | A working interest that is either OP or RT. |
Exhibit A-1-1
Louisiana Leases
| | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | |
Lease No. | | Lessor | | Lessee | | Effective | | Prospect | | Doc Type | | Tr | | Int Type | | DEPI Working Interest | | Formatted Legal Description | | Legal Desc Remark |
L010895 / 00 | | OCS-G-5904 | | SHELL OFFSHORE INC. | | 07/01/1983 | | POPEYE (GC 116) | | Original Lease | | 1 | | WI | | 0.50000000 | | GREEN CANYON BLK # 0116 | | ALL OF BLK 116, OCS OFFICIAL PROTRACTION DIAGRAM NG 15-3 |
| | | | | | | | | | |
L010896 / 00 | | OCS-G-5905 | | SHELL OFFSHORE INC. | | 07/01/1983 | | POPEYE (GC 117) | | Original Lease | | 1 | | WI | | 0.50000000 | | GREEN CANYON BLK # 0117 | | ALL OF BLK 117, OCS OFFICIAL PROTRACTION DIAGRAM NG 15-3 |
| | | | | | | | | | |
L011325 | | OCS-G-6888 | | Amerada Hess Corp et al | | 06/01/1984 | | NEPTUNE (VK 826) | | Original Lease | | 1 | | WI | | 0.50000000 | | VIOSCA KNOLL BLK # 00826 | | |
| | | | | | | | | | |
L011326 | | OCS-G-13065 | | Conoco Inc et al | | 06/01/1991 | | NEPTUNE (VK 869) | | Original Lease | | 1 | | WI | | 0.50000000 | | VIOSCA KNOLL BLK # 00869 | | |
| | | | | | | | | | |
L011436 | | OCS-G-5778 | | GETTY OIL COMPANY, ET AL | | 07/01/1983 | | NEPTUNE (VK 825) | | Original Lease | | 1 | | RT | | 0.50000000 | | VIOSCA KNOLL BLK # 825 | | |
| | | | | | | | | | |
L013272 | | OCS-G 18367 | | CNG PRODUCING COMPANY | | 08/01/1997 | | THUNDERBALL (GC 342) | | Original Lease | | 1 | | RT | | 0.50000000 | | GREEN CANYON BLK # 00342 | | ALL |
| | | | | | | | | | |
L013273 | | OCS-G 18376 | | CNG PRODUCING COMPANY | | 08/01/1997 | | PEGASUS (GC 386) | | Original Lease | | 1 | | RT | | 0.58000000 | | GREEN CANYON BLK # 00386 | | ALL |
| | | | | | | | | | |
L013290 | | OCS-G 18390 | | CNG PRODUCING COMPANY | | 08/01/1997 | | CALISTO (GC 443) | | Original Lease | | 1 | | RT | | 0.50000000 | | GREEN CANYON BLK # 00443 | | ALL |
| | | | | | | | | | |
L013535 | | OCS-G 19148 | | UNION PACIFIC RESOURCES | | 12/01/1997 | | SHINER (GB 657) | | Original Lease | | 1 | | OP | | 0.33333330 | | GARDEN BANKS BLK # 657 | | FROM SURFACE DOWN TO THE STRATIGRAPHIC EQUIVALENT OF 18,326 FT TVD, AS SEEN IN THE DEVON OCS-G 19154 NO.1 BP NO.1 WELL. |
| | | | | | | | | | |
L013536 | | OCS-G 19154 | | UNION PACIFIC RESOURCES | | 12/01/1997 | | SHINER (GB 700) | | Original Lease | | 1 | | OP | | 0.33333330 | | GARDEN BANKS BLK # 700 | | FROM SURFACE DOWN TO THE STRATIGRAPHIC EQUIVALENT OF 18,326 FT, TVD, AS SEEN IN THE DEVON OCS-G 19154 NO. 1 BP NO.1 WELL. |
| | | | | | | | | | |
L013537 | | OCS-G 19155 | | UNION PACIFIC RESOURCES | | 12/01/1997 | | SHINER (GB 701) | | Original Lease | | 1 | | OP | | 0.33333330 | | GARDEN BANKS BLK # 701 | | FROM SURFACE DOWN TO THE STRATIGRAPHIC EQUIVQLENT OF 18,326 FT TVD, AS SEEN IN THE DEVON OCS-G 19154 NO. 1 BP NO.1 WELL. |
| | | | | | | | | | |
L013538 | | OCS-G 19176 | | CNG PRODUCING COMPANY | | 12/01/1997 | | EAGLE (GB 780) | | Original Lease | | 1 | | WI | | 1.00000000 | | GARDEN BANKS BLK # 780 | | |
| | | | | | | | | | |
L013539 | | OCS-G 19177 | | CNG PRODUCING COMPANY | | 12/01/1997 | | EAGLE (GB 781) | | Original Lease | | 1 | | WI | | 1.00000000 | | GARDEN BANKS BLK # 781 | | |
| | | | | | | | | | |
L013540 | | OCS-G 19183 | | CNG PRODUCING COMPANY | | 01/01/1998 | | EAGLE (GB 825) | | Original Lease | | 1 | | WI | | 1.00000000 | | GARDEN BANKS BLK # 825 | | |
| | | | | | | | | | |
L013638 | | OCS-G-13672 | | MOBIL OIL EXPLORATION & PROD | | 08/01/1992 | | NAUTILUS (VK 734) | | Original Lease | | 1 | | OP | | 0.68500000 | | VIOSCA KNOLL BLK # 734 | | NE/4 NE/4, E/2 SE/4 NE/4 FROM THE SURFACE DOWN TO 15,000 FEET TVD |
Exhibit A-1-2
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| | | | | | | | | | |
Lease No. | | Lessor | | Lessee | | Effective | | Prospect | | Doc Type | | Tr | | Int Type | | DEPI Working Interest | | Formatted Legal Description | | Legal Desc Remark |
L015040 | | OCS-G 20035 | | CNG PRODUCING COMPANY | | 08/01/1998 | | POPEYE, WEST (GC 115) | | Original Lease | | 1 | | RT | | 1.00000000 | | GREEN CANYON BLK # 115 | | E/2 |
| | | | | | | | | | Original Lease | | 2 | | RT | | 1.00000000 | | GREEN CANYON BLK # 115 | | W/2 - BELOW 15,763 FEET |
| | | | | | | | | | |
L015533 | | OCS-G-19908 | | SHELL DEEPWATER DEVELOPMENT INC. | | 08/01/1998 | | EINSET (VK 873) | | Original Lease | | 1 | | RT | | 0.50000000 | | VIOSCA KNOLL BLK # 873 | | |
| | | | | | | | | | |
L015536 | | OCS-G-19907 | | SHELL DEEPWATER DEVELOPMENT INC. | | 08/01/1998 | | EINSET (VK 872) | | Original Lease | | 1 | | RT | | 0.50000000 | | VIOSCA KNOLL BLK # 872 | | |
| | | | | | | | | | |
L016620 | | OCS-G 21177 | | SAMEDAN OIL CORPORATION, CNG PRODUCING C | | 06/01/1999 | | ARAPAHO (MC 595) | | | | 1 | | RT | | 0.50000000 | | MISSISSIPPI CANYON BLK # 595 | | |
| | | | | | | | | | |
L016621 | | OCS-G 21180 | | SAMEDAN OIL CORPORATION, CNG PRODUCING C | | 06/01/1999 | | ARAPAHO (MC 639) | | | | 1 | | RT | | 0.50000000 | | MISSISSIPPI CANYON BLK # 639 | | |
| | | | | | | | | | |
L016674 | | OCS-G 21222 | | CNG PRODUCING COMPANY | | 07/01/1999 | | MARICHAL (GC 691) | | Original Lease | | 1 | | RT | | 0.66667000 | | GREEN CANYON BLK # 691 | | |
| | | | | | | | | | |
L016675 | | OCS-G 21223 | | CNG PRODUCING COMPANY | | 07/01/1999 | | MARICHAL (GC 692) | | Original Lease | | 1 | | RT | | 0.66667000 | | GREEN CANYON BLK # 692 | | |
| | | | | | | | | | |
L018615 | | OCS-G 21164 | | CNG PRODUCING COMPANY AND MARINER ENERGY | | 07/01/1999 | | RIGEL (MC 296) | | Original Lease | | 1 | | RT | | 0.52500000 | | MISSISSIPPI CANYON BLK # 296 | | |
| | | | | | | | | | |
L018726 | | OCS-G 19996 | | MARINER ENERGY, INC., ET AL | | 07/01/1998 | | DEVILS TOWER (MC 773) | | | | 1 | | RT | | 0.75000000 | | MISSISSIPPI CANYON BLK # 773 | | |
| | | | | | | | | | |
L018733 | | OCS-G 18202 | | CHEVRON U.S.A. INC AND TEXACO EXPLORATIO | | 07/01/1997 | | RIGEL (MC 208) | | Original Lease | | 1 | | RT | | 0.52500000 | | MISSISSIPPI CANYON BLK # 208 | | |
| | | | | | | | | | |
L018734 | | OCS-G 18207 | | CHEVRON U.S.A. INC AND TEXACO EXPLORATIO | | 07/01/1997 | | RIGEL (MC 252) | | Original Lease | | 1 | | RT | | 0.52500000 | | MISSISSIPPI CANYON BLK # 252 | | |
| | | | | | | | | | |
L018945 | | OCS-G 5896 | | MOBIL OIL EXPLORATION & PRODUCING SOUTHE | | 07/01/1983 | | POPEYE (GC 72) | | Original Lease | | 1 | | RT | | 0.50000000 | | GREEN CANYON BLK # 0072 | | ALL OF BLK 72, OCS OFFICIAL PROTRACTION DIAGRAM NG 15-3 |
| | | | | | | | | | |
L018946 | | OCS-G 20034 | | SANTA FE ENERGY RESOURCES, INC. | | 08/01/1998 | | GRETCHEN (GC 114) | | Original Lease | | 1 | | OR | | 0.00000000 | | GREEN CANYON BLK # 114 | | E2 - SURF TO 15,772’ |
| | | | | | | | | | |
L020029 | | OCS-G 21790 | | CNG PRODUCING COMPANY | | 05/01/2000 | | FRONT RUNNER (GC 338) | | | | 1 | | RT | | 0.37500000 | | GREEN CANYON BLK # 338 | | |
| | | | | | | | | | |
L020030 | | OCS-G 21791 | | CNG PRODUCING COMPANY | | 05/01/2000 | | FRONT RUNNER (GC 339) | | | | 1 | | RT | | 0.37500000 | | GREEN CANYON BLK # 339 | | |
| | | | | | | | | | |
L020351 | | OCS-G 21822 | | SAMEDAN OIL CORPORATION, ET AL | | 06/01/2000 | | RAINMAKER (GC 958) | | | | 1 | | RT | | 0.31250000 | | GREEN CANYON BLK # 958 | | |
| | | | | | | | | | |
L020352 | | OCS-G 21828 | | CNG PRODUCING COMPANY | | 06/01/2000 | | TURNBERRY (AT 91) | | | | 1 | | RT | | 0.60000000 | | ATWATER VALLEY BLK # 91 | | |
| | | | | | | | | | |
L020353 | | OCS-G 21829 | | CNG PRODUCING COMPANY | | 06/01/2000 | | TURNBERRY (AT 92) | | | | 1 | | RT | | 0.60000000 | | ATWATER VALLEY BLK # 92 | | |
| | | | | | | | | | |
L020371 | | OCS-G 21752 | | CNG PRODUCING COMPANY, ET AL | | 06/01/2000 | | SEVENTEEN HANDS (MC 299) | | | | 1 | | RT | | 0.37500000 | | MISSISSIPPI CANYON BLK # 299 | | |
| | | | | | | | | | |
L020372 | | OCS-G 21778 | | CNG PRODUCING COMPANY, ET AL | | 06/01/2000 | | THUNDER HAWK (MC 734) | | | | 1 | | RT | | 0.25000000 | | MISSISSIPPI CANYON BLK # 734 | | |
| | | | | | | | | | |
L020375 | | OCS-G 21805 | | CNG PRODUCING COMPANY, ET AL | | 06/01/2000 | | PALMER (GC 603) | | | | 1 | | RT | | 0.75000000 | | GREEN CANYON BLK # 603 | | |
Exhibit A-1-3
| | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | |
Lease No. | | Lessor | | Lessee | | Effective | | Prospect | | Doc Type | | Tr | | Int Type | | DEPI Working Interest | | Formatted Legal Description | | Legal Desc Remark |
L020383 | | OCS-G 21811 | | CNG PRODUCING COMPANY, ET AL | | 07/01/2000 | | MEDINAH (GC 679) | | | | 1 | | OR | | 0.00000000 | | GREEN CANYON BLK # 679 | | E/2, FROM SURFACE DOWN TO THE STRATIGRAPHIC EQUIVALENT OF 16,048’, TVD, (17,315”MD) AS SEEN IN THE KERR-MCGEE OCS-G 21811 NO. 1 (ST#1) WELL. W/2 |
| | | | | | | | | | | | 3 | | RT | | 0.37500000 | | GREEN CANYON BLK # 679 | |
| | | | | | | | | | |
L020682 | | OCS-G 21224 | | MARINER ENERGY, INC., ET AL | | 07/01/1999 | | MIGHTY JOE YOUNG (GC 737) | | Original Lease | | 1 | | RT | | 0.45000000 | | GREEN CANYON BLK # 737 | | |
| | | | | | | | | | |
L021214 | | OCS-G 18324 | | KERR MCGEE & AGIP PETROLEUM | | 08/01/1997 | | HURRICANE (GC40) | | Original Lease | | 1 | | RT | | 0.25000000 | | GREEN CANYON BLK # 40 | | |
| | | | | | | | | | |
L021216 | | OCS-G 18184 | | MARINER ENERGY INC | | 07/01/1997 | | HURRICANE (EW966) | | Original Lease | | 1 | | OP | | 0.10000000 | | EWING BANK BLK # 966 | | ALL OF BLOCK 966, EWING BANK, INSOFAR ONLY AS LEASE COVERS DEPTHS BELOW 12,200 FT TVD. |
| | | | | | | | | | |
L021287 | | OCS-G 22991 | | DOMINION EXPLORATION & PRODUCTION | | 05/01/2001 | | PARLAY (GC 750) | | | | 1 | | RT | | 1.00000000 | | GREEN CANYON BLK # 750 | | |
| | | | | | | | | | |
L021288 | | OCS-G 23017 | | DOMINION EXPLORATION & PRODUCTION | | 05/01/2001 | | TURNBERRY S (AT 136) | | | | 1 | | RT | | 1.00000000 | | ATWATER VALLEY BLK # 136 | | |
| | | | | | | | | | |
L021289 | | OCS-G 22941 | | DOMINION, MURPHY EXPL, SPINNAKER | | 05/01/2001 | | GREEN CANYON 336 | | | | 1 | | RT | | 0.37500000 | | GREEN CANYON BLK # 336 | | |
| | | | | | | | | | |
L021290 | | OCS-G 22942 | | DOMINION, MURPHY EXPL, SPINNAKER | | 05/01/2001 | | CLOSER (GC 337) | | | | 1 | | RT | | 0.37500000 | | GREEN CANYON BLK # 337 | | |
| | | | | | | | | | |
L021291 | | OCS-G 22951 | | DOMINION, MURPHY EXPL, SPINNAKER | | 05/01/2001 | | LEXINGTON (GC383 N2;SE4) | | | | 1 2 | | RT RT | | 0.37500000 0.37500000 | | GREEN CANYON BLK # 383 GREEN CANYON BLK # 383 | | N/2; SE/4 SW/4 |
| | | | | | | | | | |
L021292 | | OCS-G 22958 | | DOMINION, MURPHY EXPL, SPINNAKER | | 05/01/2001 | | EXACTA BOX (GC427 W2) | | | | 1 2 | | RT RT | | 0.37500000 0.37500000 | | GREEN CANYON BLK # 427 GREEN CANYON BLK # 427 | | W/2 E/2 |
| | | | | | | | | | |
L021293 | | OCS-G 22965 | | DOMINION, MURPHY EXPL, SPINNAKER | | 05/01/2001 | | LECOMTE (GC 471) | | | | 1 | | RT | | 0.37500000 | | GREEN CANYON BLK # 471 | | |
| | | | | | | | | | |
L021393 | | OCS-G 23016 | | DOMINION EXPL & SPINNAKER EXPL | | 06/01/2001 | | FULL ODDS (AT 112) | | | | 1 | | RT | | 0.50000000 | | ATWATER VALLEY BLK # 112 | | |
| | | | | | | | | | |
L021400 | | OCS-G 22959 | | DOMINION, MURPHY EXPL, SPINNAKER | | 06/01/2001 | | LECOMTE (GC 428) | | | | 1 | | RT | | 0.37500000 | | GREEN CANYON BLK # 428 | | |
| | | | | | | | | | |
L021401 | | OCS-G 22917 | | DOMINION EXPLORATION & PRODUCTION | | 06/01/2001 | | BOX CARS (MC955) | | | | 1 | | RT | | 0.50000000 | | MISSISSIPPI CANYON BLK # 955 | | |
| | | | | | | | | | |
L021402 | | OCS-G 22972 | | DOMINION EXPL, SPINNAKER EXPL | | 07/01/2001 | | YANKEE CLIPPER (GC 513) | | | | 1 | | RT | | 0.50000000 | | GREEN CANYON BLK # 513 | | |
| | | | | | | | | | |
L021403 | | OCS-G 22980 | | DOMINION EXPL, SPINNAKER EXPL | | 07/01/2001 | | YANKEE CLIPPER (GC 557) | | | | 1 | | RT | | 0.50000000 | | GREEN CANYON BLK # 557 | | |
| | | | | | | | | | |
L021642 | | OCS-G 22948 | | DOMINION, MURPHY EXPL, SPINNAKER | | 07/01/2001 | | COOL PAPA (GC 380) | | | | 1 | | RT | | 0.37500000 | | GREEN CANYON BLK # 380 | | |
| | | | | | | | | | |
L021710 | | OCS-G 22950 | | DOMINION, MURPHY EXPL, SPINNAKER | | 07/01/2001 | | QUATRAIN (GC 382) | | | | 1 | | RT | | 0.37500000 | | GREEN CANYON BLK # 382 | | |
Exhibit A-1-4
| | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | |
Lease No. | | Lessor | | Lessee | | Effective | | Prospect | | Doc Type | | Tr | | Int Type | | DEPI Working Interest | | Formatted Legal Description | | Legal Desc Remark |
L021711 | | OCS-G 22957 | | DOMINION, MURPHY EXPL, SPINNAKER | | 07/01/2001 | | EXACTA BOX (GC 426) | | | | 1 | | RT | | 0.37500000 | | GREEN CANYON BLK # 426 | | |
| | | | | | | | | | |
L021748 | | OCS-G 22949 | | SPINNAKER EXPLORATION COMPANY LLC | | 07/01/2001 | | CLOSER (GC 381) | | | | 1 | | RT | | 0.37500000 | | GREEN CANYON BLK # 381 | | |
| | | | | | | | | | |
L021749 | | OCS-G 22956 | | SPINNAKER EXPLORATION COMPANY LLC | | 07/01/2001 | | BADGERS (GC425) | | | | 1 | | RT | | 0.37500000 | | GREEN CANYON BLK # 425 | | |
| | | | | | | | | | |
L021786 | | OCS-G 21806 | | VASTAR RESOURCES INC | | 07/01/2000 | | PALMER (GC 604) | | Original Lease | | 1 | | RT | | 0.75000000 | | GREEN CANYON BLK # 604 | | |
| | | | | | | | | | |
L021872 | | OCS-G 19988 | | CHEVRON USA, TEXACO EXPLORATION | | 05/01/1998 | | TRITON SHALLOW (MC729) | | Original Lease | | 1 | | OP | | 0.75000000 | | MISSISSIPPI CANYON BLK # 729 | | |
| | | | | | | | | | |
L021873 | | OCS-G 16647 | | CHEVRON USA, TEXACO EXPLORATION | | 09/01/1996 | | TRITON SHALLOW (MC772) | | Original Lease | | 1 | | OP | | 0.75000000 | | MISSISSIPPI CANYON BLK # 772 | | ENTIRE BLOCK LESS & EXCEPT E/2 NE/4 AND NE/4 SE/4, CONTAINING APPROXIMATELY 4680.0 ACRES. |
| | | | | | | | | | | | 2 | | OP | | 0.75000000 | | MISSISSIPPI CANYON BLK # 772 | | E/2 NE/4 AND NE/4 SE/4, CONTAINING APPROXIMATELY 1080.0 ACRES. |
| | | | | | | | | | |
L021892 | | OCS-G 16644 | | CHEVRON USA, TEXACO EXPLORATION | | 09/01/1996 | | TRITON SHALLOW (MC728) | | Original Lease | | 1 | | OP | | 0.75000000 | | MISSISSIPPI CANYON BLK # 728 | | |
| | | | | | | | | | |
L021966 | | OCS-G 23504 | | DOMINION EXPLORATION ET AL | | 02/01/2002 | | MANISTEE (DC309) | | | | 1 | | RT | | 0.40000000 | | DESOTO CANYON BLK # 309 | | |
| | | | | | | | | | |
L021967 | | OCS-G 23505 | | DOMINION EXPLORATION ET AL | | 02/01/2002 | | CLARK FORK (DC311) | | | | 1 | | RT | | 0.40000000 | | DESOTO CANYON BLK # 311 | | |
| | | | | | | | | | |
L021968 | | OCS-G 23524 | | DOMINION EXPLORATION ET AL | | 02/01/2002 | | NIOBRARA (DC577) | | | | 1 | | RT | | 0.66666667 | | DESOTO CANYON BLK # 577 | | |
| | | | | | | | | | |
L021969 | | OCS-G 23528 | | DOMINION EXPLORATION ET AL | | 02/01/2002 | | SPIDERMAN (DC620) | | | | 1 | | RT | | 0.36666670 | | DESOTO CANYON BLK # 620 | | |
| | | | | | | | | | |
L022014 | | OCS-G 23526 | | DOMINION EXPLORATION ET AL | | 02/01/2002 | | SAN JACINTO (DC618) | | | | 1 | | RT | | 0.53333330 | | DESOTO CANYON BLK # 618 | | |
| | | | | | | | | | |
L022221 | | OCS-G 24060 | | DOMINION EXPLORATION ET AL | | 06/01/2002 | | ODD JOB (MC 215) | | | | 1 | | RT | | 0.50000000 | | MISSISSIPPI CANYON BLK # 215 | | |
| | | | | | | | | | |
L022222 | | OCS-G 24107 | | DOMINION EXPLORATION & PRODUCTION | | 06/01/2002 | | GOLDFINGER (MC 771) | | | | 1 | | RT | | 0.75000000 | | MISSISSIPPI CANYON BLK # 771 | | |
| | | | | | | | | | |
L022267 | | OCS-G 24125 | | DOMINION EXPLORATION ET AL | | 06/01/2002 | | MONEY PENNY (MC 907) | | | | 1 | | RT | | 0.50000000 | | MISSISSIPPI CANYON BLK # 907 | | |
| | | | | | | | | | |
L022268 | | OCS-G 24124 | | DOMINION EXPLORATION ET AL | | 06/01/2002 | | MONEY PENNY (MC 906) | | | | 1 | | RT | | 0.50000000 | | MISSISSIPPI CANYON BLK # 906 | | |
| | | | | | | | | |
L022284 | | OCS-G 24073 | | DOMINION EXPLORATION ET AL | | 06/01/2002 | | SEVENTEEN HANDS SOUTH (MC 343) | | 1 | | RT | | 0.37500000 | | MISSISSIPPI CANYON BLK # 343 | | |
| | | | | | | | | | |
L022285 | | OCS-G 21188 | | SAMEDAN OIL CORPORATION ET AL | | 07/01/1999 | | SLAMMER (MC 849) | | Original Lease | | 1 | | RT | | 0.30000000 | | MISSISSIPPI CANYON BLK # 849 | | |
| | | | | | | | | | |
L022350 | | OCS-G 24215 | | DOMINION EXPLORATION ET AL | | 06/01/2002 | | CASINO ROYALE (AT 68) | | | | 1 | | RT | | 0.50000000 | | ATWATER VALLEY BLK # 68 | | |
| | | | | | | | | | |
L022351 | | OCS-G 24218 | | DOMINION EXPLORATION ET AL | | 07/01/2002 | | VESPER (AT 113) | | | | 1 | | RT | | 0.50000000 | | ATWATER VALLEY BLK # 113 | | |
Exhibit A-1-5
| | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | |
Lease No. | | Lessor | | Lessee | | Effective | | Prospect | | Doc Type | | Tr | | Int Type | | DEPI Working Interest | | Formatted Legal Description | | Legal Desc Remark |
L022352 | | OCS-G 24219 | | DOMINION EXPLORATION ET AL | | 07/01/2002 | | VESPER (AT 114) | | | | 1 | | RT | | 0.50000000 | | ATWATER VALLEY BLK # 114 | | |
| | | | | | | | | | |
L022353 | | OCS-G 24224 | | DOMINION EXPLORATION ET AL | | 07/01/2002 | | VESPER (AT 157) | | | | 1 | | RT | | 0.50000000 | | ATWATER VALLEY BLK # 157 | | |
| | | | | | | | | | |
L022360 | | OCS-G 24210 | | DOMINION EXPLORATION ET AL | | 06/01/2002 | | GOLDENEYE (AT 26) | | | | 1 | | RT | | 0.50000000 | | ATWATER VALLEY BLK # 26 | | |
| | | | | | | | | | |
L022361 | | OCS-G 24216 | | DOMINION EXPLORATION ET AL | | 06/01/2002 | | GOLDENEYE (AT 70) | | | | 1 | | RT | | 0.50000000 | | ATWATER VALLEY BLK # 70 | | |
| | | | | | | | | | |
L022362 | | OCS-G 24049 | | DOMINION EXPLORATION ET AL | | 06/01/2002 | | ZORIN (MC 124) | | | | 1 | | RT | | 0.33333350 | | MISSISSIPPI CANYON BLK # 124 | | |
| | | | | | | | | | |
L022363 | | OCS-G 24050 | | DOMINION EXPLORATION ET AL | | 06/01/2002 | | 007 (MC 125) | | | | 1 | | RT | | 0.50000000 | | MISSISSIPPI CANYON BLK # 125 | | |
| | | | | | | | | | |
L022371 | | OCS-G 24038 | | DOMINION EXPLORATION ET AL | | 07/01/2002 | | CANASTA (MC 36) | | | | 1 | | RT | | 0.50000000 | | MISSISSIPPI CANYON BLK # 36 | | |
| | | | | | | | | | |
L022373 | | OCS-G 24058 | | DOMINION EXPLORATION ET AL | | 07/01/2002 | | ODD JOB (MC 213) | | | | 1 | | RT | | 0.50000000 | | MISSISSIPPI CANYON BLK # 213 | | |
| | | | | | | | | | |
L022374 | | OCS-G 24059 | | DOMINION EXPLORATION ET AL | | 07/01/2002 | | ODD JOB (MC 214) | | | | 1 | | RT | | 0.50000000 | | MISSISSIPPI CANYON BLK # 214 | | |
| | | | | | | | | | |
L022523 | | OCS-G 24131 | | DOMINION EXPLORATION ET AL | | 07/01/2002 | | Q (MC 960) | | | | 1 | | RT | | 0.50000000 | | MISSISSIPPI CANYON BLK # 960 | | |
| | | | | | | | | | |
L022524 | | OCS-G 24135 | | DOMINION EXPLORATION ET AL | | 07/01/2002 | | Q (MC 1004) | | | | 1 | | RT | | 0.50000000 | | MISSISSIPPI CANYON BLK # 1004 | | |
| | | | | | | | | | |
L022525 | | OCS-G 24136 | | DOMINION EXPLORATION ET AL | | 07/01/2002 | | Q (MC 1005) | | | | 1 | | RT | | 0.50000000 | | MISSISSIPPI CANYON BLK # 1005 | | |
| | | | | | | | | | |
L022538 | | OCS-G 24086 | | DOMINION EXPLORATION ET AL | | 07/01/2002 | | MR OCTOBER (MC 515) | | | | 1 | | RT | | 0.50000000 | | MISSISSIPPI CANYON BLK # 515 | | |
| | | | | | | | | | |
L022539 | | OCS-G 24055 | | DOMINION EXPLORATION ET AL | | 08/01/2002 | | SHAKEN (MC 209) | | | | 1 | | RT | | 0.50000000 | | MISSISSIPPI CANYON BLK # 209 | | |
| | | | | | | | | | |
L022540 | | OCS-G 24056 | | DOMINION EXPLORATION ET AL | | 08/01/2002 | | NOT STIRRED (MC 210) | | | | 1 | | RT | | 0.50000000 | | MISSISSIPPI CANYON BLK # 210 | | |
| | | | | | | | | | |
L023039 | | OCS-G 24474 | | DOMINION EXPLORATION ET AL | | 12/01/2002 | | GOLD RUSH (GB293) | | | | 1 | | RT | | 0.75000000 | | GARDEN BANKS BLK # 293 | | |
| | | | | | | | | | |
L023040 | | OCS-G 24482 | | DOMINION EXPLORATION ET AL | | 12/01/2002 | | GOLD RUSH (GB337) | | | | 1 | | RT | | 0.75000000 | | GARDEN BANKS BLK # 337 | | |
| | | | | | | | | | |
L023622 | | OCS-G 25100 | | DOMINION EXPLORATION ET AL | | 05/01/2003 | | DOUBLOON (MC641) | | | | 1 | | RT | | 0.75000000 | | MISSISSIPPI CANYON BLK # 641 | | |
| | | | | | | | | | |
L023623 | | OCS-G 25101 | | DOMINION EXPLORATION ET AL | | 05/01/2003 | | DOUBLOON (MC685) | | | | 1 | | RT | | 0.75000000 | | MISSISSIPPI CANYON BLK # 685 | | |
| | | | | | | | | | |
L023624 | | OCS-G 25105 | | DOMINION EXPLORATION & PRODUCTION | | 05/01/2003 | | MASK (MC824) | | | | 1 | | RT | | 1.00000000 | | MISSISSIPPI CANYON BLK # 824 | | |
| | | | | | | | | | |
L023625 | | OCS-G 25102 | | DOMINION EXPLORATION & PRODUCTION | | 05/01/2003 | | EXTRAVAGANZA (MC690) | | | | 1 | | RT | | 0.37500000 | | MISSISSIPPI CANYON BLK # 690 | | |
| | | | | | | | | | |
L023629 | | OCS-G 25106 | | DOMINION EXPLORATION & PRODUCTION ET AL | | 05/01/2003 | | SLAM WEST (MC892) | | | | 1 | | RT | | 0.30487960 | | MISSISSIPPI CANYON BLK # 892 | | |
Exhibit A-1-6
| | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | |
Lease No. | | Lessor | | Lessee | | Effective | | Prospect | | Doc Type | | Tr | | Int Type | | DEPI Working Interest | | Formatted Legal Description | | Legal Desc Remark |
L024019 | | OCS-G 25140 | | DOMINION EXPLORATION,MURPHY EXPLORATION | | 07/01/2003 | | THUNDERBALL (GC341) | | | | 1 | | RT | | 0.50000000 | | GREEN CANYON BLK # 341 | | |
| | | | | | | | | | |
L024020 | | OCS-G 25142 | | DOMINION EXPLORATION,MURPHY EXPLORATION | | 07/01/2003 | | PEGASUS (GC385) | | | | 1 | | RT | | 0.58000000 | | GREEN CANYON BLK # 385 | | |
| | | | | | | | | | |
L024570 | | OCS-G 23529 | | ANADARKO PETROLEUM CORPORATION | | 02/01/2002 | | SPIDERMAN (DC621) | | Original Lease | | 1 | | RT | | 0.36666670 | | DESOTO CANYON BLK # 621 | | |
| | | | | | | | | | |
L024730 | | OCS-G 25670 | | DOMINION EXPLORATION & PRODUCTION INC | | 12/01/2003 | | GOLD RUSH (GB292) | | | | 1 | | RT | | 0.75000000 | | GARDEN BANKS BLK # 292 | | |
| | | | | | | | | | |
L024991 | | OCS-G 25859 | | DOMINION EXPLORATION & PRODUCTION INC ET | | 03/01/2004 | | URUBAMBA (DC663) | | | | 1 | | RT | | 0.66666670 | | DESOTO CANYON BLK # 663 | | |
| | | | | | | | | | |
L024992 | | OCS-G 25861 | | DOMINION EXPLORATION & PRODUCTION INC | | 03/01/2004 | | MARANON NORTH (DC707) | | | | 1 | | RT | | 1.00000000 | | DESOTO CANYON BLK # 707 | | |
| | | | | | | | | | |
L024993 | | OCS-G 25862 | | DOMINION EXPLORATION & PRODUCTION INC | | 03/01/2004 | | MARANON SOUTH (DC751) | | | | 1 | | RT | | 1.00000000 | | DESOTO CANYON BLK # 751 | | |
| | | | | | | | | | |
L025426 | | OCS-G 23527 | | KERR-MCGEE OIL & GAS CORPORATION | | 02/01/2002 | | SAN JACINTO (DC619) | | Original Lease | | 1 | | RT | | 0.53333330 | | DESOTO CANYON BLK # 619 | | |
| | | | | | | | | | |
L025546 | | OCS-G 26365 | | DOMINION EXPLORATION & PRODUCTION INC ET | | 05/01/2004 | | VESPER (AT 158) | | | | 1 | | RT | | 0.50000000 | | ATWATER VALLEY BLK # 158 | | |
| | | | | | | | | | |
L025723 | | OCS-G 26298 | | DOMINION EXPLORATION & PRODUCTION INC | | 05/01/2004 | | SOONER (GC 208) | | | | 1 | | RT | | 1.00000000 | | GREEN CANYON BLK # 208 | | |
| | | | | | | | | | |
L025724 | | OCS-G 26299 | | DOMINION EXPLORATION & PRODUCTION INC | | 05/01/2004 | | SOONER (GC 209) | | | | 1 | | RT | | 1.00000000 | | GREEN CANYON BLK # 209 | | |
| | | | | | | | | | |
L025725 | | OCS-G 26281 | | DOMINION EXPLORATION & PRODUCTION INC ET | | 05/01/2004 | | Q (MC 961) | | | | 1 | | RT | | 0.50000000 | | MISSISSIPPI CANYON BLK # 961 | | |
| | | | | | | | | | |
L025782 | | OCS-G 26363 | | DOMINION EXPLORATION & PRODUCTION INC ET | | 07/01/2004 | | CLAYMORE (AT 96) | | | | 1 | | RT | | 0.50000000 | | ATWATER VALLEY BLK # 96 | | |
| | | | | | | | | | |
L026407 | | OCS-G 23508 | | MARATHON OIL COMPANY ET AL | | 02/01/2002 | | WEST RAPTOR (DC401) | | Original Lease | | 1 | | OP | | 0.20835000 | | DESOTO CANYON BLK # 401 | | ENTIRE BLOCK FROM SURFACE DOWN TO THE STRATIGRAPHIC EQUIVALENT OF 15,600 FT TVD, AS SEEN IN THE DOMINION OCS-G 23511 NO. 1 WELL |
| | | | | | | | | | |
L026408 | | OCS-G 23511 | | MARATHON OIL COMPANY ET AL | | 03/01/2002 | | WEST RAPTOR (DC445) | | Original Lease | | 1 | | OP | | 0.20835000 | | DESOTO CANYON BLK # 445 | | ENTIRE BLOCK FROM SURFACE DOWN TO THE STRATIGRAPHIC EQUIVALENT OF 15,600 FT TVD, AS SEEN IN THE DOMINION OCS-G 23511 NO. 1 WELL |
| | | | | | | | | | |
L026409 | | OCS-G 23514 | | MARATHON OIL COMPANY ET AL | | 03/01/2002 | | WEST RAPTOR (DC489) | | Original Lease | | 1 | | OP | | 0.20835000 | | DESOTO CANYON BLK # 489 | | ENTIRE BLOCK FROM SURFACE DOWN TO THE STRATIGRAPHIC EQUIVALENT OF 15,600 FT TVD, AS SEEN IN THE DOMINION OCS-G 23511 NO. 1 WELL |
| | | | | | | | | | |
L026770 | | OCS-G 25131 | | UNION OIL COMPANY OF CALIFORNIA ET AL | | 06/01/2003 | | CHILKOOT (GC232) | | Original Lease | | 1 | | RT | | 0.10000000 | | GREEN CANYON BLK # 232 | | |
Exhibit A-1-7
| | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | |
Lease No. | | Lessor | | Lessee | | Effective | | Prospect | | Doc Type | | Tr | | Int Type | | DEPI Working Interest | | Formatted Legal Description | | Legal Desc Remark |
L026771 | | OCS-G 25136 | | UNION OIL COMPANY OF CALIFORNIA ET AL | | 06/01/2003 | | CHILKOOT (GC276) | | Original Lease | | 1 | | RT | | 0.10000000 | | GREEN CANYON BLK # 276 | | |
| | | | | | | | | | |
L026772 | | OCS-G 25138 | | UNION OIL COMPANY OF CALIFORNIA ET AL | | 06/01/2003 | | CHILKOOT (GC319) | | Original Lease | | 1 | | RT | | 0.10000000 | | GREEN CANYON BLK # 319 | | |
| | | | | | | | | | |
L026773 | | OCS-G 25139 | | UNION OIL COMPANY OF CALIFORNIA ET AL | | 07/01/2003 | | CHILKOOT (GC320) | | Original Lease | | 1 | | RT | | 0.10000000 | | GREEN CANYON BLK # 320 | | |
| | | | | | | | | | |
L026774 | | OCS-G 25141 | | UNION OIL COMPANY OF CALIFORNIA ET AL | | 07/01/2003 | | CHILKOOT (GC364) | | Original Lease | | 1 | | RT | | 0.10000000 | | GREEN CANYON BLK # 364 | | |
| | | | | | | | | | |
L026775 | | OCS-G 25145 | | UNION OIL COMPANY OF CALIFORNIA ET AL | | 05/01/2003 | | CHILKOOT (GC408) | | Original Lease | | 1 | | RT | | 0.10000000 | | GREEN CANYON BLK # 408 | | |
| | | | | | | | | | |
L026776 | | OCS-G 25170 | | UNION OIL COMPANY OF CALIFORNIA ET AL | | 07/01/2003 | | WINTER PARK (GC583) | | Original Lease | | 1 | | RT | | 0.10000000 | | GREEN CANYON BLK # 583 | | |
| | | | | | | | | | |
L026777 | | OCS-G 25174 | | UNION OIL COMPANY OF CALIFORNIA ET AL | | 07/01/2003 | | WINTER PARK (GC627) | | Original Lease | | 1 | | RT | | 0.10000000 | | GREEN CANYON BLK # 627 | | |
| | | | | | | | | | |
L026778 | | OCS-G 25175 | | UNION OIL COMPANY OF CALIFORNIA ET AL | | 07/01/2003 | | WINTER PARK (GC628) | | Original Lease | | 1 | | RT | | 0.10000000 | | GREEN CANYON BLK # 628 | | |
| | | | | | | | | | |
L027050 | | OCS-G 27439 | | DOMINION EXPLORATION & PRODUCTION INC ET | | 06/01/2005 | | TAYLOR (DC797) | | | | 1 | | RT | | 0.50000000 | | DESOTO CANYON BLK # 797 | | |
| | | | | | | | | | |
L027059 | | OCS-G 27309 | | DOMINION EXPLORATION & PRODUCTION INC ET | | 06/01/2005 | | THUNDER RIDGE (MC780) | | | | 1 | | RT | | 0.25000000 | | MISSISSIPPI CANYON BLK # 780 | | |
| | | | | | | | | | |
L027061 | | OCS-G 27322 | | DOMINION EXPLORATION & PRODUCTION INC | | 06/01/2005 | | MERMAID (MC997) | | | | 1 | | RT | | 1.00000000 | | MISSISSIPPI CANYON BLK # 997 | | |
| | | | | | | | | | |
L027062 | | OCS-G 27314 | | DOMINION EXPLORATION & PRODUCTION INC | | 06/01/2005 | | COOTER BROWN (MC828) | | | | 1 | | RT | | 1.00000000 | | MISSISSIPPI CANYON BLK # 828 | | |
| | | | | | | | | | |
L027090 | | OCS-G 27291 | | DOMINION EXPLORATION & PRODUCTION INC ET | | 06/01/2005 | | THUNDER RIDGE (MC648) | | | | 1 | | RT | | 0.25000000 | | MISSISSIPPI CANYON BLK # 648 | | |
| | | | | | | | | | |
L027091 | | OCS-G 27306 | | DOMINION EXPLORATION & PRODUCTION INC ET | | 06/01/2005 | | THUNDER RIDGE (MC736) | | | | 1 | | RT | | 0.25000000 | | MISSISSIPPI CANYON BLK # 736 | | |
| | | | | | | | | | |
L027092 | | OCS-G 27310 | | DOMINION EXPLORATION & PRODUCTION INC ET | | 06/01/2005 | | THUNDER RIDGE (MC781) | | | | 1 | | RT | | 0.25000000 | | MISSISSIPPI CANYON BLK # 781 | | |
| | | | | | | | | | |
L027093 | | OCS-G 27312 | | DOMINION EXPLORATION & PRODUCTION INC ET | | 06/01/2005 | | THUNDERBIRD (MC819) | | | | 1 | | RT | | 0.25000000 | | MISSISSIPPI CANYON BLK # 819 | | |
| | | | | | | | | | |
L027094 | | OCS-G 27296 | | DOMINION EXPLORATION & PRODUCTION INC | | 07/01/2005 | | HALF MOON (MC670) | | | | 1 | | RT | | 1.00000000 | | MISSISSIPPI CANYON BLK # 670 | | |
| | | | | | | | | | |
L027095 | | OCS-G 27378 | | DOMINION EXPLORATION & PRODUCTION INC | | 06/01/2005 | | SAZERAC (WR287) | | | | 1 | | RT | | 1.00000000 | | WALKER RIDGE BLK # 287 | | |
| | | | | | | | | | |
L027096 | | OCS-G 27379 | | DOMINION EXPLORATION & PRODUCTION INC | | 06/01/2005 | | SAZERAC (WR288) | | | | 1 | | RT | | 1.00000000 | | WALKER RIDGE BLK # 288 | | |
| | | | | | | | | | |
L027097 | | OCS-G 27384 | | DOMINION EXPLORATION & PRODUCTION INC | | 06/01/2005 | | SAZERAC (WR332) | | | | 1 | | RT | | 1.00000000 | | WALKER RIDGE BLK # 332 | | |
| | | | | | | | | | |
L027215 | | OCS-G 27347 | | DOMINION EXPLORATION & PRODUCTION INC ET | | 07/01/2005 | | CHILKOOT NORTH (GC277) | | | | 1 | | RT | | 0.13000000 | | GREEN CANYON BLK # 277 | | |
| | | | | | | | | | |
L027216 | | OCS-G 27356 | | DOMINION EXPLORATION & PRODUCTION INC ET | | 07/01/2005 | | ZEPPELIN (GC489) | | | | 1 | | RT | | 0.50000000 | | GREEN CANYON BLK # 489 | | |
| | | | | | | | | | |
L027219 | | OCS-G 27247 | | DOMINION EXPLORATION & PRODUCTION INC | | 07/01/2005 | | CROWN & ANCHOR (VK960) | | | | 1 | | RT | | 1.00000000 | | VIOSCA KNOLL BLK # 960 | | |
Exhibit A-1-8
| | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | |
Lease No. | | Lessor | | Lessee | | Effective | | Prospect | | Doc Type | | Tr | | Int Type | | DEPI Working Interest | | Formatted Legal Description | | Legal Desc Remark |
L027220 | | OCS-G 27249 | | DOMINION EXPLORATION & PRODUCTION INC | | 07/01/2005 | | CROWN & ANCHOR (VK1004) | | | | 1 | | RT | | 1.00000000 | | VIOSCA KNOLL BLK # 1004 | | |
| | | | | | | | | | |
L028342 | | OCS-G 16645 | | CHEVRON USA INC ET AL | | 07/01/1996 | | THUNDER RIDGE (MC737) | | Original Lease | | 1 | | RT | | 0.25000000 | | MISSISSIPPI CANYON BLK # 737 | | W/2, ALL DEPTHS |
| | | | | | | | | | |
L028366 | | OCS-G 22837 | | MURPHY EXPLORATION & PRODUCTION COMPANY | | 07/01/2001 | | CROWN & ANCHOR (VK959) | | Original Lease | | 1 | | RT | | 1.00000000 | | VIOSCA KNOLL BLK # 959 | | |
| | | | | | | | | | |
L028367 | | OCS-G 28031 | | DOMINION EXPLORATION & PRODUCTION INC | | 05/01/2006 | | PROWLER (MC957) | | | | 1 | | RT | | 1.00000000 | | MISSISSIPPI CANYON BLK # 957 | | |
| | | | | | | | | | |
L028368 | | OCS-G 28035 | | DOMINION EXPLORATION & PRODUCTION INC | | 05/01/2006 | | PROWLER (MC1001) | | | | 1 | | RT | | 1.00000000 | | MISSISSIPPI CANYON BLK # 1001 | | |
| | | | | | | | | | |
L028383 | | OCS-G 28005 | | DOMINION EXPLORATION & PRODUCTION INC | | 06/01/2006 | | FOUR WINDS (MC435) | | | | 1 | | RT | | 1.00000000 | | MISSISSIPPI CANYON BLK # 435 | | |
| | | | | | | | | | |
L028384 | | OCS-G 16640 | | BHP PETROLEUM (GOM) INC | | 07/01/1996 | | THUNDER RIDGE (MC693) | | Original Lease | | 1 | | RT | | 0.25000000 | | MISSISSIPPI CANYON BLK # 693 | | W/2, ALL DEPTHS |
| | | | | | | | | | |
L028385 | | OCS-G 28129 | | DOMINION EXPLORATION & PRODUCTION INC ET | | 06/01/2006 | | PALOMINO (AT428) | | | | 1 | | RT | | 0.62500000 | | ATWATER VALLEY BLK # 428 | | |
| | | | | | | | | | |
L028386 | | OCS-G 28130 | | DOMINION EXPLORATION & PRODUCTION INC ET | | 06/01/2006 | | PALOMINO (AT429) | | | | 1 | | RT | | 0.62500000 | | ATWATER VALLEY BLK # 429 | | |
| | | | | | | | | | |
L028392 | | OCS-G 28029 | | DOMINION EXPLORATION & PRODUCTION INC ET | | 06/01/2006 | | SILVERADO (MC945) | | | | 1 | | RT | | 0.50000000 | | MISSISSIPPI CANYON BLK # 945 | | |
| | | | | | | | | | |
L028431 | | OCS-G 16865 | | SHELL OFFSHORE INC | | 08/01/1996 | | CLAYMORE (AT 140) | | Original Lease | | 1 | | RT | | 0.31500000 | | ATWATER VALLEY BLK # 140 | | |
| | | | | | | | | | |
L028433 | | OCS-G 24221 | | ENTERPRISE OIL GULF OF MEXICO INC | | 07/01/2002 | | CLAYMORE (AT 141) | | Original Lease | | 1 | | RT | | 0.31500000 | | ATWATER VALLEY BLK # 141 | | |
| | | | | | | | | | |
L028434 | | OCS-G 28090 | | STEPHENS PRODUCTION COMPANY LLC ET AL | | 05/01/2006 | | MARICHAL (GC 648) | | Original Lease | | 1 | | RT | | 0.66667000 | | GREEN CANYON BLK # 648 | | |
| | | | | | | | | | |
L028435 | | OCS-G 30938 | | DOMINION EXPLORATION & PRODUCTION INC | | 11/01/2006 | | KEATHLEY CANYON 204 | | | | 1 | | RT | | 1.00000000 | | KEATHLEY CANYON BLK # 204 | | |
| | | | | | | | | | |
L028436 | | OCS-G 30939 | | DOMINION EXPLORATION & PRODUCTION INC | | 11/01/2006 | | KEATHLEY CANYON 205 | | | | 1 | | RT | | 1.00000000 | | KEATHLEY CANYON BLK # 205 | | |
| | | | | | | | | | |
L028437 | | OCS-G 30940 | | DOMINION EXPLORATION & PRODUCTION INC | | 11/01/2006 | | KEATHLEY CANYON 206 | | | | 1 | | RT | | 1.00000000 | | KEATHLEY CANYON BLK # 206 | | |
Exhibit A-1-9
| | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | |
Lease No. | | Lessor | | Lessee | | Effective | | Prospect | | Doc Type | | Tr | | Int Type | | DEPI Working Interest | | Formatted Legal Description | | Legal Desc Remark |
L003128 / 00 | | OCS-G-0986 | | CNG PRODUCING COMPANY | | 06/01/1962 | | EUGENE ISL 272 S-ADD | | Original Lease | | 1 | | OR | | 0.00000000 | | EUGENE ISLAND, SOUTH ADDITION BLK # 00272 | | EUGENE ISLAND SOUTH ADDITION PORTION (NON-PARTICIPATING) UNITIZED ALL DEPTHS NW/4, N/2 SW/4, SW/4 SW/4, W/2 SE/4 SW/4, NW/4 NE/4, N/2 SW/4 NE/4, SW/4 SW/4 NE/4, N/2 NE/4 NE/4, NW/4 NW/4 SE/4 |
| | | | | | | | | | 2 | | OR | | 0.00000000 | | EUGENE ISLAND, SOUTH ADDITION BLK # 00272 | | EUGENE ISLAND SOUTH ADDITION PARTICIPATION AREA E/2 SE/4; SW/4 SE/4; E/2 NW/4 SE/4; SW/4 NW/4 SE/4; E/2 SE/4 SW/4; SE/4 SW/4 NE/4; SW/4 NE/4 NE/4; SE/4 NE/4; SE/4 NE/4 NE/4 DEPTH - BELOW BASE 4,900’ B SAND & FURTHER BELOW 10,000’ HELD BY EUGENE ISLAND UNIT 273 |
| | | | | | | | | | |
L003130 / 00 | | OCS-G-0991 | | FOREST OIL CORPORATION | | 06/01/1962 | | EUGENE ISL 284 S-ADD | | Original Lease | | 1 | | OR | | 0.00000000 | | EUGENE ISLAND, SOUTH ADDITION BLK # 00284 | | NON-PARTICIPATING AREA NE/4; SE/4; E/2 SE/4 NW/4; E/2 SW/4; SW/4 SW/4; SE/4 NW/4 SW/4; SE/4 NE/4 NW/4 AS TO DEPTHS BELOW 10,000’ HELD BY EUGENE ISLAND 273 UNIT |
| | | | | | | | | | |
| | | | | | | | | | | | 2 | | OR | | 0.00000000 | | EUGENE ISLAND, SOUTH ADDITION BLK # 00284 | | PARTICIPATION AREA NE/4 NE/4 NW/4; W/2 E/2 NW/4; W/2 NW/4; W/2 NW/4 SW/4; NE/4 NW/4 SW/4 DEPTH - BELOW BASE OF 4900 B SAND & FURTHER BELOW 10,000’ HELD BY EUGENE ISLAND 273 UNIT |
Exhibit A-1-10
| | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | |
Lease No. | | Lessor | | Lessee | | Effective | | Prospect | | Doc Type | | Tr | | Int Type | | DEPI Working Interest | | Formatted Legal Description | | Legal Desc Remark |
L003131 / 00 | | OCS-G-0993 | | FOREST OIL CORPORATION | | 06/01/1962 | | EUGENE ISL 286 S-ADD | | Original Lease | | 1 | | OR | | 0.00000000 | | EUGENE ISLAND, SOUTH ADDITION BLK # 00286 | | S/2NW/4SW/4, NW/4NW/4SW/4, SE/4SE/4, NE/4SE/4, NE/4SW/4SE/4, N/2NW/4SE/4, SE/4NW/4SE/4 HELD BY EUGENE ISLAND 292 UNIT (NON-PARTICIPATING) IN RIGHTS BELOW 10,000’ |
| | | | | | | | | | |
| | | | | | | | | | | | 2 | | OR | | 0.00000000 | | EUGENE ISLAND, SOUTH ADDITION BLK # 00286 | | NW/4SW/4SE/4, S/2SW/4SE/4, S/2SW/4, NE/4SW/4, NE/4NW/4SW/4, SW/4 NW/4 SE/4 HELD BY UNIT (PARTICIPATING) LIMITED TO RIGHTS BELOW 10,000’ |
| | | | | | | | | | |
| | | | | | | | | | | | 5 | | OR | | 0.00000000 | | EUGENE ISLAND, SOUTH ADDITION BLK # 00286 | | E/2SW/4NW/4, E/2NW/4NW/4, W/2NW/4NW/4, N/2NE/4NW/4, NW/4NW/4NE/4, SE/4NE/4 BELOW STRAT. EQUIV. OF 6611’ HELD BY EUGENE ISLAND 292 UNIT (NON-PARTICIPATING) & FURTHER LIMITED TO RIGHTS BELOW 10,000’ |
| | | | | | | | | | |
| | | | | | | | | | | | 6 | | OR | | 0.00000000 | | EUGENE ISLAND, SOUTH ADDITION BLK # 00286 | | NE/4NE/4, NE/4NW/4NE/4, S/2NW/4NE/4, SW/4NE/4, SE/4NW/4, S/2NE/4NW/4, W/2SW/4NW/4, SE/4NW/4NW/4 BELOW STRAT. EQUIV. OF 6611’ HELD BY EUGENE ISLAND 292 UNIT (PARTICIPATING) LIMITED FURTHER TO RIGHTS BELOW 10,000’ SENWNW IS A DUPLICATE OF ACREAGE ON TRACT 3, PROBABLY AN ERROR. |
| | | | | | | | | | |
L003132 / 00 | | OCS-G-1979P | | FOREST OIL CORPORATION | | 08/01/1970 | | EUGENE ISL 287 S/2, S/ 2N/2 | | Original Lease | | 1 | | OR | | 0.00000000 | | EUGENE ISLAND BLK # 00287 | | EUGENE ISLAND 287 S/2; S/2 N/2 AS TO DEPTHS BELOW 10,000’ |
Exhibit A-1-11
| | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | |
Lease No. | | Lessor | | Lessee | | Effective | | Prospect | | Doc Type | | Tr | | Int Type | | DEPI Working Interest | | Formatted Legal Description | | Legal Desc Remark |
L003133 / 00 | | OCS-G-0994 | | FOREST OIL CORPORATION | | 06/01/1962 | | EUGENE ISL 292 S-ADD | | Original Lease | | 1 | | OR | | 0.00000000 | | EUGENE ISLAND, SOUTH ADDITION BLK # 00292 | | EUGENE ISLAND, SOUTH ADDITION (NON-PARTICIPATING) DESCRIBED AS FOLLOWS: N/2 NE/4; N/2 SW/4 NE/4; SW/4 SW/4 NE/4; W/2 W/2 SE/4; W/2(47 ALIQUOTS) HELD BY EUGENE ISLAND BLOCK 292 UNIT AS TO RIGHTS BELOW 10,000’ |
| | | | | | | | | | |
| | | | | | | | | | | | 2 | | OR | | 0.00000000 | | EUGENE ISLAND, SOUTH ADDITION BLK # 00292 | | EUGUNE ISLAND, SOUTH ADDITION (PARTICIPATING) DESCRIBED AS FOLLOWS: SE/4 NE/4; SE/4 SW/4 NE/4; E/2 SE/4; E/2 W/2 SE/4 HELD BY EUGENE ISLAND 292 UNIT (17 ALIQUOTS) AS TO RIGHTS BELOW 10,000’ |
| | | | | | | | | | |
L003134 / 00 | | OCS-G-0995 | | FOREST OIL CORPORATION | | 06/01/1962 | | EUGENE ISL 293 S-ADD | | Original Lease | | 1 | | OR | | 0.00000000 | | EUGENE ISLAND, SOUTH ADDITION BLK # 00293 | | NE/4SW/4NW/4, NE/4SE/4, SE/4SE/4, SW/4SE/4, SE/4SW/4, SE/4NE/4, E/2SW/4NE/4, NW/4SW/4NE/4 AS TO RIGHTS BELOW 10,000’ NON-PARTICIPATING |
| | | | | | | | | | |
| | | | | | | | | | | | 2 | | OR | | 0.00000000 | | EUGENE ISLAND, SOUTH ADDITION BLK # 00293 | | SW/4SW/4, NW/4SW/4, S/2SW/4NW/4, NW/4SW/4NW/4, SW/4SW/4NE/4 AS TO RIGHTS BELOW 10,000’ PARTICIPATING ACS IN EUGENE ISLAND 292 UNIT |
| | | | | | | | | | |
| | | | | | | | | | | | 3 | | OR | | 0.00000000 | | EUGENE ISLAND, SOUTH ADDITION BLK # 00293 | | NE/4 NE/4 NON-PARTICIPATING ACS BELOW 10,000’ HELD BY EUGENE ISLAND 292 UNIT |
| | | | | | | | | | |
| | | | | | | | | | | | 4 | | OR | | 0.00000000 | | EUGENE ISLAND, SOUTH ADDITION BLK # 00293 | | N/2SE/4NW/4, E/2NW/4SE/4 NP ACS AS TO RIGHTS BELOW 10,000’ HELD BY EUGENE ISLAND 292 UNIT |
| | | | | | | | | | |
| | | | | | | | | | | | 5 | | OR | | 0.00000000 | | EUGENE ISLAND, SOUTH ADDITION BLK # 00293 | | N/2NW/4, NW/4NE/4 PARTICIPATING ACRES DEPTH - BELOW 10,000 HELD BY EUGENE ISLAND 292 UNIT |
| | | | | | | | | | |
| | | | | | | | | | | | 6 | | OR | | 0.00000000 | | EUGENE ISLAND, SOUTH ADDITION BLK # 00293 | | NE/4SW/4, W/2NW/4SE/4, S/2SE/4NW/4 PARTICIPATING ACS DEPTH - BELOW 10,000 HELD BY EUGENE ISLAND 292 UNIT |
Exhibit A-1-12
| | | | | | | | | | | | | | | | | | | | | | |
| | Lease No. | | Lessor | | Lessee | | Effective | | Prospect | | Doc Type | | Tr | | Int Type | | DEPI Working Interest | | Formatted Legal Description | | Legal Desc Remark |
* | | L003136 / 00 | | OCS-G-0996 | | FOREST OIL CORPORATION | | 06/01/1962 | | EUGENE ISL 308 S-ADD | | Original Lease | | 4 | | OR | | 0.00000000 | | EUGENE ISLAND, SOUTH ADDITION BLK # 00308 | | EUGENE ISLAND SOUTH ADDITION BLK 308 (PARTICIPATING) DESCRIBED AS FOLLOWS: N/2 NW/4 NW/4; SW/4 NW/4 SW/4; W/2 SW/4 SW/4 DEPTH 10,000’ DOWN HELD BY EUGENE ISLAND 292 UNIT |
| | | | | | | | | | | |
| | L003137 / 00 | | OCS-G-0997 | | FOREST OIL CORPORATION | | 06/01/1962 | | EUGENE ISL 309 S-ADD | | Original Lease | | 1 | | OR | | 0.00000000 | | EUGENE ISLAND, SOUTH ADDITION BLK # 00309 | | (NON-PARTICIPATING) DESCRIBED AS FOLLOWS: S/2 NE/4 NE/4; SE/4 NE/4; NW/4 NW/4 NE/4; SE/4 NW/4 NE/4; E/2 SW/4 NE/4; N/2 NE/4 NW/4; N/2 NW/4 NW/4 HELD BY EUGENE ISLAND UNIT 292 AS TO DEPTHS BELOW 10,000’ |
| | | | | | | | | | | |
| | | | | | | | | | | | | | 2 | | OR | | 0.00000000 | | EUGENE ISLAND, SOUTH ADDITION BLK # 00309 | | (PARTICIPATING) DESCRIBED AS FOLLOWS: N/2 NE/4 NE/4; NE/4 NW/4 NE/4; SW/4 NW/4 NE/4; W/2 SW/4 NE/4; S/2 NW/4 NW/4; S/2 NE/4 NW/4; S/2 NW/4; HELD BY EUGENE ISLAND 292 UNIT AS TO DEPTHS BELOW 10,000’ |
| | | | | | | | | | | |
| | | | | | | | | | | | | | 7 | | OR | | 0.00000000 | | EUGENE ISLAND, SOUTH ADDITION BLK # 00309 | | NWNWSE NON - PARTICIPATING INC IN EI392 UNIT BELOW 10,000’ |
| | | | | | | | | | | |
| | | | | | | | | | | | | | 8 | | OR | | 0.00000000 | | EUGENE ISLAND, SOUTH ADDITION BLK # 00309 | | (PARTICIPATING) DESCRIBED AS FOLLOWS: NE/4 NW/4 SE/4; S/2 NW/4 SE/4; SW/4 SE/4; E/2 SE/4 HELD BY EUGENE ISLAND 292 UNIT BELOW 10,000 |
| | | | | | | | | | | |
| | L003138 / 00 | | OCS-G-1981 | | FOREST OIL CORPORATION | | 09/01/1970 | | EUGENE ISL 314 N/2 S-ADD | | Original Lease | | 1 | | OR | | 0.00000000 | | EUGENE ISLAND, SOUTH ADDITION BLK # 00314 | | N/2 NE/4 BELOW 10,000’ |
| | | | | | | | | | | |
| | | | | | | | | | | | | | 2 | | OR | | 0.00000000 | | EUGENE ISLAND, SOUTH ADDITION BLK # 00314 | | S2N2 BELOW 10,000 |
| | | | | | | | | | | |
| | L003197 / 00 | | OCS-G-1027 | | PAN AMERICAN PETROLEUM CORP | | 06/01/1962 | | SHIP SHOAL 246 S-ADD | | Original Lease | | 1 | | OR OP | | 0.00000000 0.80691980 | | SHIP SHOAL, SOUTH ADDITION BLK # 246 | | |
Exhibit A-1-13
| | | | | | | | | | | | | | | | | | | | |
Lease No. | | Lessor | | Lessee | | Effective | | Prospect | | Doc Type | | Tr | | Int Type | | DEPI Working Interest | | Formatted Legal Description | | Legal Desc Remark |
L003198 / 00 | | OCS-G-1028 | | FOREST OIL CORPORATION | | 06/01/1962 | | SHIP SHOAL 247 S-ADD | | Original Lease | | 1 | | RT | | 0.31666600 | | SHIP SHOAL, SOUTH ADDITION BLK # 247 SHIP SHOAL, SOUTH ADDITION BLK # 00247 | | SHIP SHOAL, SOUTH ADDITION HELD BY SHIP SHOAL 271 UNIT (NON-PARTICIPATING) NW/4 NW/4; NE/4 NW/4; N/2 SW/4 NW/4 (10 ALIQUOTS) |
| | | | | | | | | | |
| | | | | | | | | | | | 2 | | RT | | 0.25000000 | | SHIP SHOAL, SOUTH ADDITION BLK # 247 SHIP SHOAL, SOUTH ADDITION BLK # 00247 | | SHIP SHOAL, SOUTH ADDITION HELD BY SHIP SHOAL 271 UNIT (PARTICIPATING) SW/4 SW/4 SE/4; N/2 SE/4; SE/4 SE/4; N/2 SW/4 SE/4; SE/4 SW/4 SE/4 (16 ALIQUOTS) |
| | | | | | | | | | |
| | | | | | | | | | | | 3 | | RT | | 0.31666600 | | SHIP SHOAL, SOUTH ADDITION BLK # 247 SHIP SHOAL, SOUTH ADDITION BLK # 00247 | | SHIP SHOAL, SOUTH ADDITION HELD BY 271 UNIT (PARTICIPATING) NE/4; SE/4 NW/4; S/2 SW/4 NW/4 (22 ALIQUOTS) |
| | | | | | | | | | |
| | | | | | | | | | | | 4 | | RT | | 0.25000000 | | SHIP SHOAL, SOUTH ADDITION BLK # 247 SHIP SHOAL, SOUTH ADDITION BLK # 00247 | | SHIP SHOAL, SOUTH ADDITION HELD BY SHIP SHOAL 271 UNIT (PARTICIPATING) SW/4 (16 ALIQUOTS) |
| | | | | | | | | | |
L003199 / 00 | | OCS-G-1030 | | FOREST OIL CORPORATION | | 06/01/1962 | | SHIP SHOAL 249 S-ADD | | Original Lease | | 1 | | OP | | 0.39571460 | | SHIP SHOAL, SOUTH ADDITION BLK # 00249 | | SE/4 NW/4; S/2 SW/4 NW/4 HELD BY UNIT (NON-PARTICIPATING) SURFACE TO 15108’ |
| | | | | | | | | | |
L003199 / 00 | | OCS-G-1030 | | FOREST OIL CORPORATION | | 06/01/1962 | | SHIP SHOAL 249 S-ADD | | Original Lease | | 2 | | OP | | 0.48850000 | | SHIP SHOAL, SOUTH ADDITION BLK # 00249 | | NE/4 AND S/2 HELD BY UNIT (NON-PARTICIPATING) DEPTH - SURFACE TO 15108’ |
| | | | | | | | | | |
| | | | | | | | | | | | 3 | | OP | | 0.39571460 | | SHIP SHOAL, SOUTH ADDITION BLK # 00249 | | N/2 NW/4; N/2 SW/4 NW/4 HELD BY UNIT (PARTICIPATING) DEPTH - SURFACE TO 15108’ |
Exhibit A-1-14
| | | | | | | | | | | | | | | | | | | | |
Lease No. | | Lessor | | Lessee | | Effective | | Prospect | | Doc Type | | Tr | | Int Type | | DEPI Working Interest | | Formatted Legal Description | | Legal Desc Remark |
L003201 / 00 | | OCS-G-1037 | | FOREST OIL CORPORATION | | 06/01/1962 | | SHIP SHOAL 270 S-ADD | | Original Lease | | 1 | | RT | | 0.25000000 | | SHIP SHOAL, SOUTH ADDITION BLK # 00270 | | (NON-PARTICIPATING) HELD BY SHIP SHOAL BLOCK 271 UNIT DESCRIBED AS FOLLOWS: N/2; SE/4; N/2 SW/4; SE/4 SW/4; E/2 SW/4 SW/4 |
| | | | | | | | | | |
| | | | | | | | | | | | 2 | | RT | | 0.25000000 | | SHIP SHOAL, SOUTH ADDITION BLK # 00270 | | (PARTICIPATING) HELD BY SHIP SHOAL 271 UNIT DESCRIBED AS FOLLOWS: W/2 SW/4 SW/4 |
| | | | | | | | | | |
L003202 / 00 | | OCS-G-1038 | | FOREST OIL CORPORATION | | 06/01/1962 | | SHIP SHOAL 271 S-ADD | | Original Lease | | 1 | | WI | | 0.25000000 | | SHIP SHOAL, SOUTH ADDITION BLK # 00271 | | SHIP SHOAL, SOUTH ADDITION N/2 N/2; NE/4 SW/4 NW/4; NW/4 SW/4 NW/4; NE/4 SE/4 NE/4; NW/4 SE/4 NE/4 HELD BY UNIT (NON-PARTICIPATING) |
| | | | | | | | | | |
| | | | | | | | | | | | 2 | | WI | | 0.30000000 | | SHIP SHOAL, SOUTH ADDITION BLK # 00271 | | SHIP SHOAL, SOUTH ADDITION SE/4 SE/4 NE/4; SW/4 SE/4 NE/4; NE/4 SE/4; SW/4 SW/4 NW/4; SE/4 SE/4 SW/4; NW/4 NW/4 SW/4 HELD BY UNIT (NON-PARTICIPATING) |
| | | | | | | | | | |
| | | | | | | | | | | | 3 | | WI | | 0.25000000 | | SHIP SHOAL, SOUTH ADDITION BLK # 00271 | | SHIP SHOAL, SOUTH ADDITION N/2 SW/4 NE/4 HELD BY UNIT (PARTICIPATING) |
| | | | | | | | | | |
| | | | | | | | | | | | 4 | | WI | | 0.30000000 | | SHIP SHOAL, SOUTH ADDITION BLK # 00271 | | SHIP SHOAL, SOUTH ADDITION S-2/3 HELD BY UNIT (PARTICIPATING) |
| | | | | | | | | | |
L003328 / 00 | | OCS-G-0900 | | FOREST OIL CORPORATION | | 04/01/1962 | | CAMERON, W 225 | | Original Lease | | 1 | | RT | | 0.73332500 | | WEST CAMERON BLK # 00225 | | W/2 OF W/2 OF NE/4, E/2 OF NW/4, E/2 OF NW/4 OF SW/4, NE/4 OF SW/4 OF SW/4, NE/4 OF SW/4, N/2 OF SE/4 OF SW/4, SE/4 OF SE/4 OF SW/4, W/2 OF SE/4, SW/4 OF SE/4 OF SE/4. |
| | | | | | | | | | |
| | | | | | | | | | | | 2 | | RT | | 0.67999720 | | WEST CAMERON BLK # 00225 | | E/2 OF NE/4, E/2 OF W/2 OF NE/4, W/2 OF NW/4, W/2 OF W/2 OF SW/4, SE/4 OF SW/4 OF SW/4, SW/4 OF SE/4 OF SW/4, NE/4 OF SE/4, N/2 OF SE/4 OF SE/4, SE/4 OF SE/4 OF SE/4. |
| | | | | | | | | |
L003350 / 00 | | OCS-G-2238 | | SHELL OIL COMPANY ET AL | | 01/01/1973 | | CAMERON, W 633 S- ADD | | Original Lease | | 1 | | WI | | 0.43750000 | | WEST CAMERON, SOUTH ADDITION BLK # 00633 |
| | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | |
L003386 / 00 | | OCS-G-1216 | | FOREST OIL CORPORATION | | 06/01/1962 | | MARSH ISL, S 142 S-ADD | | Original Lease | | 1 | | WI | | 0.25000000 | | SOUTH MARSH ISLAND, SO. ADD. BLK # 00142 | | ENTIRE BLOCK |
Exhibit A-1-15
| | | | | | | | | | | | | | | | | | | | |
Lease No. | | Lessor | | Lessee | | Effective | | Prospect | | Doc Type | | Tr | | Int Type | | DEPI Working Interest | | Formatted Legal Description | | Legal Desc Remark |
L003394 / 00 | | OCS-G-1568 | | CITIES SERVICE OIL CO ET AL | | 07/01/1967 | | TIMBALIER, S 184 | | Original Lease | | 1 | | WI | | 0.25000000 | | SOUTH TIMBALIER BLK # 00184 | | (NON-PARTICIPATING) BELOW 13,600’ S/2 SW/4 NW/4; NE/4 SW/4 NW/4 (3 ALIQUOTS) |
| | | | | | 2 | | WI | | 0.25000000 | | SOUTH TIMBALIER BLK # 00184 | | (NON-PARTICIPATING) BELOW 13,600’ NW/4 NW/4; NW/4 SW4 NW/4 |
| | | | | | 3 | | WI | | 0.25000000 | | SOUTH TIMBALIER BLK # 00184 | | E/2 NW/4 BELOW 13,600’ (8 ALIQUOTS OUTSIDE OF UNIT AREA) |
| | | | | | | | | | |
L003409 / 00 | | OCS-G-4421 | | CNG PRODUCING COMPANY ET AL | | 11/01/1980 | | VERMILION 78 | | Original Lease | | 1 | | WI | | 0.37500000 | | VERMILION BLK # 78 | | VERMILION AREA 5000 ACS |
| | | | | | | | | | |
L003413 / 00 | | OCS-G-1152 | | FOREST OIL CORPORATION | | 06/01/1962 | | VERMILION 255 S-ADD | | Original Lease | | 1 | | WI | | 0.25000000 | | VERMILION, SOUTH ADDITION BLK # 00255 | | VERMILION, SOUTH ADDITION NE/4, SE/4NW/4, E/2SW/4NW/4, S/2, SW/4SW/4NW/4 |
| | | | | | 2 | | WI | | 0.25000000 | | VERMILION, SOUTH ADDITION BLK # 00255 | | VERMILION, SOUTH ADDITION NW/4 NW/4; NW/4 SW/4 NW/4 |
| | | | | | 3 | | WI | | 0.25000000 | | VERMILION, SOUTH ADDITION BLK # 00255 |
| | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | |
L003414 / 00 | | OCS-G-1153 | | FOREST OIL CORPORATION | | 06/01/1962 | | VERMILION 256 S-ADD | | Original Lease | | 1 | | WI | | 0.25000000 | | VERMILION, SOUTH ADDITION BLK # 00256 | | VERMILION, SOUTH ADDITION BLK 256 N/2 NE/4; N/2 SE/4 NE/4 781.250 ACRES |
| | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | |
L003414 / 00 | | OCS-G-1153 | | FOREST OIL CORPORATION | | 06/01/1962 | | VERMILION 256 S-ADD | | Original Lease | | 2 | | RT | | 0.25000000 | | VERMILION, SOUTH ADDITION BLK # 00256 | | VERMILION, SOUTH ADDITION BLK 256 S/2 SE/4 NE/4; SW/4 NW/4; NW/4; S/2 4218.750 ACRES |
| | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | |
L003415 / 00 | | OCS-G-3135 | | TEXAS GAS EXPLORATION ET AL | | 07/01/1975 | | VERMILION 267 S/2 S- ADD | | Original Lease | | 1 | | WI | | 0.16666666 | | VERMILION, SOUTH ADDITION BLK # 00267 | | VERMILION, SOUTH ADDITION BLK 267 S/2 SOUTH ADDITION |
| | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | |
L003417 / 00 | | OCS-G-2082 | | FOREST OIL CORPORATION | | 02/01/1971 | | VERMILION 268 S-ADD | | Original Lease | | 1 | | WI | | 0.25000000 | | VERMILION, SOUTH ADDITION BLK # 00268 | | BLK 268 E/2; E/2 E/2 W/2 |
| | | | | | | | | | |
| | | | | | | | | | Original Lease | | 2 | | WI | | 0.33333333 | | VERMILION, SOUTH ADDITION BLK # 00268 | | BLK 268 W/2 W/2; W/2 E/2 W/2 |
| | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | |
Exhibit A-1-16
| | | | | | | | | | | | | | | | | | | | |
Lease No. | | Lessor | | Lessee | | Effective | | Prospect | | Doc Type | | Tr | | Int Type | | DEPI Working Interest | | Formatted Legal Description | | Legal Desc Remark |
L003420 / 00 | | OCS-G-1172 | | FOREST OIL CORPORATION | | 06/01/1962 | | VERMILION 313 S-ADD | | Original Lease | | 1 | | RT OR | | 0.50000000 0.00000000 | | VERMILION, SOUTH ADDITION BLK # 00313 | | VERMILION AREA, SOUTH ADDITION, BLOCK 313 N/2; SW/4 DEPTH A: SURFACE TO 9000’ |
| | | | | | | | | | |
| | | | | | | | | | | | 2 | | RT | | 0.50000000 | | VERMILION, SOUTH ADDITION BLK # 00313 | | VERMILION AREA, SOUTH ADDITION, BLOCK 313 SE/4 DEPTH A: BELOW 9000’ |
| | | | | | | | | | |
L003981 / 00 | | OCS-G-1569 | | SINCLAIR OIL & GAS CO ET AL | | 07/01/1967 | | TIMBALIER, S 185 | | Original Lease | | 1 | | OP | | 0.27897730 | | SOUTH TIMBALIER BLK # 185 | | HELD BY S. TIM 184/185 FEDERAL UNIT (NON-PARTICIPATING) N/2 NW/4 NE/4; NW/4 NE/4 NE/4; SW/4 NW/4 NE/4; SW/4 SE/4 NE/4. 390.625 ACRES BELOW 13,600 FT |
| | | | | | | | | | |
| | | | | | | | | | | | 2 | | OP | | 0.31180420 | | SOUTH TIMBALIER BLK # 185 | | HELD BY 184/185 FEDRL UNIT (NON-PARTICIPATING) N/2 N/2 NW/4; SE/4 NE/4 NW/4; NE/4 SE/4 NW/4; S/2 SE/4 NW/4; S/2 SW/4 NW/4; E/2 NW/4 SE/4; E/2 SW/4 SE/4; S/2 SW/4 SW/4; SW/4 SW/4 SE/4; S/2 SE/4 SW/4. BELOW 13,600’ 1484.375 ACS NON-PARTICIPATING |
| | | | | | | | | | |
| | | | | | | | | | | | 3 | | OP | | 0.27897730 | | SOUTH TIMBALIER BLK # 185 | | HELD BY 184/185 FED UNIT (PARTICIPATING) NE/4 NE/4 NE/4; S/2 NE/4 NE/4; SE/4 NW/4 NE/4; NE/4 SE/4 NE/4; SE/4 SE/4 NE/4 468.75 ACS BELOW 13,600 FT |
| | | | | | | | | | |
| | | | | | | | | | | | 4 | | OP | | 0.31180420 | | SOUTH TIMBALIER BLK # 185 | | HELD BY 184/185 FED UNIT (PARTICIPATING) S/2 NW/4 NW/4; SW/4 NE/4 NW/4; N/2 SW/4 NW/4; NW/4 SE/4 NW/4; W/2 NW/4 SE/4; NW/4 SW/4 SE/4; NE/4 SW/4; NW/4 SW/4; N/2 SW/4 SW/4; N/2 SE/4 SW/4 1640.625 ACRES BELOW 13,600 FT |
| | | | | | | | | | |
| | | | | | | | | | | | 5 | | OP | | 0.31180420 | | SOUTH TIMBALIER BLK # 185 | | E/2 SE/4 625.000 ACRES BELOW 13,600 FT |
| | | | | | | | | | |
| | | | | | | | | | | | 6 | | OP | | 0.27897730 | | SOUTH TIMBALIER BLK # 185 | | SW/4 NE/4 312.500 ACRES BELOW 13,600 FT |
| | | | | | | | | | |
| | | | | | | | | | | | 14 | | OP | | 0.27897730 | | SOUTH TIMBALIER BLK # 185 | | NW/4 SE/4 NE/4 78.125 ACRES BELOW 13,600 FT |
Exhibit A-1-17
| | | | | | | | | | | | | | | | | | | | | | |
| | Lease No. | | Lessor | | Lessee | | Effective | | Prospect | | Doc Type | | Tr | | Int Type | | DEPI Working Interest | | Formatted Legal Description | | Legal Desc Remark |
| | L005165 / 00 | | OCS-G-1029 | | FOREST OIL CORPORATION | | 06/01/1962 | | SHIP SHOAL 248 S-ADD | | Original Lease | | 1 | | RT | | 0.25000000 | | SHIP SHOAL, SOUTH ADDITION BLK # 248 | | SHIP SHOAL, SOUTH ADDITION HELD BY SHIP SHOAL 271 UNIT (NON-PARTICIPATING) S/2; S/2 NW/4 NW/4; SE/4 NE/4 NW/4; SE/4 NE/4 NW/4; SW/4 NW/4; SE/4 NW/4 (44 ALIQUOTS) |
| | | | | | | | | | | |
| | L005165 / 00 | | OCS-G-1029 | | FOREST OIL CORPORATION | | 06/01/1962 | | SHIP SHOAL 248 S-ADD | | Original Lease | | 2 | | RT | | 0.25000000 | | SHIP SHOAL, SOUTH ADDITION BLK # 248 | | SHIP SHOAL, SOUTH ADDITION HELD BY SHIP SHOAL 271 UNIT (NON-PARTICIPATING) SW/4 NW/4 NE/4; W/2 SW/4 NE/4 (3 ALIQUOTS) |
| | | | | | | 3 | | RT | | 0.25000000 | | SHIP SHOAL, SOUTH ADDITION BLK # 248 | | SHIP SHOAL, SOUTH ADDITION HELD BY SHIP SHOAL 271 UNIT (PARTICIPATING) N/2 NW/4 NW/4; NW/4 NE/4 NW/4; NE/4 NE/4 NW/4 (4 ALIQUOTS) |
| | | | | | | 4 | | RT | | 0.25000000 | | SHIP SHOAL, SOUTH ADDITION BLK # 248 | | SHIP SHOAL, SOUTH ADDITION HELD BY SHIP SHOAL 271 UNIT (PARTICIPATING) NE/4 NE/4; E/2 NW/4 NE/4; E/2 SW/4 NE/4; SE/4 NE/4; NW/4 NW/4 NE/4 (13 ALIQUOTS) |
| | | | | | | | | | | |
* | | L010139 / 00 | | OCS-G-9478 | | CNG PRODUCING | | 05/01/1988 | | CAMERON, E 332 S-ADD | | Original Lease | | 1 | | OR | | 0.00000000 | | EAST CAMERON, SOUTH ADDITION BLK # 332 | | ALL |
| | | | | | | | | | | |
| | L010183 / 00 | | OCS-G-9383 | | CNG PRODUCING | | 06/01/1988 | | CAMERON, W 60 | | Original Lease | | 1 | | WI | | 1.00000000 | | WEST CAMERON BLK # 00060 | | N/2 N/2 |
| | | | | | | 3 | | WI | | 0.40000000 | | WEST CAMERON BLK # 00060 | | S/2N/2, SW/4, NW/4SE/4, W/2SW/4SE/4, N/2NE/4SE/4 SURFACE TO 40,000’ |
| | | | | | | 5 | | WI | | 0.40000000 | | WEST CAMERON BLK # 00060 | | E/2SW/4SE/4, SE/4SE/4, S/2NE/4SE/4 SURFACE TO 40,000’ |
| | | | | | | | | | | |
| | L010184 / 00 | | OCS-G-9384 | | CNG PRODUCING | | 06/01/1988 | | CAMERON, W 61 | | Original Lease | | 1 | | WI | | 1.00000000 | | WEST CAMERON BLK # 00061 | | N/2N/2 |
| | | | | | | 3 | | WI | | 0.40000000 | | WEST CAMERON BLK # 00061 | | S/2N/2, SE/4, NE/4SW/4, E/2SE/4SW/4, N/2NW/4SW/4, SE/4NW/4SW/4 SURFACE TO 40,000’ |
| | | | | | | 5 | | WI | | 0.40000000 | | WEST CAMERON BLK # 00061 | | SW/4SW/4, W/2SE/4SW/4, SW/4NW/4SW/4 SURFACE TO 40,000’ |
| | | | | | | | | | | |
| | L010356 / 00 | | OCS-G-8658 | | MARK PRODUCING COMPANY | | 08/01/1987 | | CAMERON, E 331 S-ADD | | Original Lease | | 1 | | OR | | 0.00000000 | | EAST CAMERON, SOUTH ADDITION BLK # 00331 | | EAST CAMERON, SOUTH ADDITION |
| | | | | | | | | | | |
* | | L010730 / 00 | | OCS-G-7780 | | SHELL OFFSHORE & APACHE CORP | | 08/01/1985 | | TIMBALIER, S 276 | | Original Lease | | 1 | | OP | | 1.00000000 | | SOUTH TIMBALIER,SOUTH ADDITION BLK # 276 | | N/2 0PERATING RIGHTS HELD BY APACHE’S WELL IN S/2 |
Exhibit A-1-18
| | | | | | | | | | | | | | | | | | | | | | |
| | Lease No. | | Lessor | | Lessee | | Effective | | Prospect | | Doc Type | | Tr | | Int Type | | DEPI Working Interest | | Formatted Legal Description | | Legal Desc Remark |
| | L010763 / 00 | | OCS-G-9386 | | BHP PETROLEUM, ET AL | | 06/01/1988 | | CAMERON, W 76 | | Original Lease | | 1 | | WI | | 0.40000000 | | WEST CAMERON BLK # 00076 | | N/2S/2, NE/4, E/2E/2NW/4, S/2SW/4NW/4, SW/4SE/4NW/4 OPERATING RIGHTS FROM THE SURFACE DOWN TO 40,000’ |
| | | | | | | 2 | | WI | | 0.40000000 | | WEST CAMERON BLK # 00076 | | NW/4NW/4, N/2SW/4NW/4, NW/4SE/4NW/4, SW/4NE/4NW/4 OPERATING RIGHTS FROM THE SURFACE DOWN TO 40,000’ |
| | | | | | | | | | | |
| | L010764 / 00 | | OCS-G-9387 | | BHP PETROLEUM, ET AL | | 06/01/1988 | | CAMERON, W 77 | | Original Lease | | 1 | | WI | | 0.40000000 | | WEST CAMERON BLK # 0077 WEST CAMERON BLK # 77 | | N/2S/2, NW/4, S/2NE/4, W/2NW/4NE/4, SE/4NW/4NE/4 OEPRATING RIGHTS FROM THE SURFACE DOWN TO 40,000’ |
| | | | | | | | | | |
| | | | | | | 2 | | WI | | 0.40000000 | | WEST CAMERON BLK # 0077 | | NE/4NE/4, NE/4NW/4NE/4 OPERATING RIGHTS FROM THE SURFACE DOWN TO 40,000’ |
| | | | | | | | | | WEST CAMERON BLK # 77 | |
| | | | | | | | | | | |
| | L010918 | | OCS-G 13943 | | CNG PRODUCING COMPANY | | 08/01/1993 | | GRAND ISLE 110 S-ADD | | Original Lease | | 1 | | OR | | 0.00000000 | | GRAND ISLE, SOUTH ADDITION BLK # 00110 | | ALL OF BLOCK ABOVE 13,000’ |
| | | | | | | | | | | |
| | L011136 | | OCS-G-12886 | | AGIP PETROLEUM CO, INC | | 05/01/1991 | | MARSH ISL, S 17 N-ADD | | Original Lease | | 1 | | WI | | 0.25000000 | | SOUTH MARSH ISLAND BLK # 017 | | BELOW 11,866’ |
| | | | | | | | | | | |
* | | L011142 | | OCS-G-4398 | | AMOCO PRODUCTION CO | | 11/01/1980 | | CAMERON, W 293 W- ADD | | Original Lease | | 1 | | WI | | 0.33333330 | | WEST CAMERON, WEST ADDITION BLK # 293 | | E/2 NW/4; W/2 W/2 NE/4 |
| | | | | | | | | | | DEPTH A: SURFACE TO 100’ BELOW STRAT EQUIV OF 10,660’ |
| | | | | | | | | | | |
| | L011755 | | OCS-G 15387 | | COASTAL OIL & GAS CORP ET AL | | 09/01/1995 | | MAIN PASS 250 S/E-ADD | | Original Lease | | 1 | | WI | | 0.51390000 | | MAIN PASS, SO. & EAST ADDITION BLK # 250 | | N/2NE/4; NE/4NW/4 FROM SURFACE DOWN TO THE STRATIGRAPHIC |
| | | | | | | | | | | EQUIVALENT OF 100 FEET BELOW THE TOTAL DEPTH DRILLED IN |
| | | | | | | | | | | THE OCS-G 12096 WELL NO. 1 ST01, WHICH WAS DRILLED TO |
| | | | | | | | | | | TVD OF 9815 FEET. |
| | | | | | | | | | | |
* | | L011791 | | OCS-G-12096 | | ATLANTIC RICHFIELD COMPANY | | 06/01/1990 | | MAIN PASS 223 S/E-ADD | | Original Lease | | 1 | | OP | | 0.50000000 | | MAIN PASS, SO. & EAST ADDITION BLK # 223 | | FROM SURFACE DOWN TO 100’ BELOW TD OF WELL NO. 1 ST NO.1 (9,815’) |
| | | | | | | | | | | |
| | L012965 | | OCS-G 16515 | | CNG PRODUCING COMPANY | | 09/01/1996 | | NAUTILUS/ ATLANTIS (MP280) | | Original Lease | | 1 | | WI | | 1.00000000 | | MAIN PASS, SO. & EAST ADDITION BLK # 280 | | E/2 - SURFACE TO 4422 MD, 3073 TVD |
| | | | | | | | | | | |
| | | | | | | | | | | | Original Lease | | 3 | | WI | | 0.75000000 | | MAIN PASS, SO. & EAST ADDITION BLK # 280 | | W/2 |
Exhibit A-1-19
| | | | | | | | | | | | | | | | | | | | |
Lease No. | | Lessor | | Lessee | | Effective | | Prospect | | Doc Type | | Tr | | Int Type | | DEPI Working Interest | | Formatted Legal Description | | Legal Desc Remark |
L013119 | | OCS-G-12761 | | CNG PRODUCING COMPANY | | 05/01/1991 | | CAMERON, W 130 | | Original Lease | | 1 | | RT | | 0.75000000 | | WEST CAMERON BLK # 130 | | ALL OF BLOCK 130, WEST CAMERON AREA, LESS AND EXCEPT AS THE LEASE COVERS THE MA1 SAND RESERVOIR, THE MA2 SAND RESERVOIR AND THE MA3 SAND RESERVOIR LYING BETWEEN THE DEPTHS OF 13,770 FT AND 14,330 FT AS SEEN IN THE DUAL INJECTION LOG FOR THE CNG WC 130 #1 WELL, AND LESS AND EXCEPT FROM THE BASE OF THE MARJ A INTERVAL OR THE STRATIGRAPHIC EQUIVALENT OF THE INTERVAL SEEN IN THE DOMINION WC 13 #2 WELL AT 15,590’ MD TO A DEPTH OF 50,000 TVD. |
| | | | | | | | | |
L013635 | | OCS-G 18105 | | UNION PACIFIC RESOURCES | | 07/01/1997 | | MAIN PASS 178 S/E-ADD | | Original Lease | | 1 | | OR | | 0.00000000 | | MAIN PASS, SO. & EAST ADDITION BLK # 178 |
| | | | | | | | | | |
L013636 | | OCS-G-10910 | | UNION PACIFIC RESOURCES | | 07/01/1989 | | NAUTILUS (MP281) | | Original Lease | | 1 | | OP | | 0.68500000 | | MAIN PASS, SO. & EAST ADDITION BLK # 281 | | W/2 LIMITED TO DEPTHS BELOW THE STRATIGRAPHIC EQUIVALENT OF 4,422 FEET (MD), 3,073 FEET (TVD), AS SEEN IN THE WALTER O&G OCS-G 10910 NO. 1 WELL. |
| | | | | | | | | |
| | | | | | | | | |
| | | | | | | | | | |
L015555 | | OCS-G-18069 | | ANADARKO PETROLEUM CORPORATION | | 07/01/1997 | | GRAND ISLE 111S-ADD | | Original Lease | | 1 | | OR | | 0.00000000 | | GRAND ISLE, SOUTH ADDITION BLK # 111 | | ALL OF BLOCK ABOVE 13,000’ |
| | | | | | | | | | |
L015556 | | OCS-G-13944 | | ANADARKO PETROLEUM CORPORATION | | 07/01/1993 | | GRAND ISLE 116 S-ADD | | Original Lease | | 1 | | OR | | 0.00000000 | | GRAND ISLE, SOUTH ADDITION BLK # 116 | | DOWN TO AND INCLUDING 13,000’ SUBSEA |
| | | | | | | | | |
L018617 | | OCS-G 21143 | | UNION PACIFIC RESOURCES COMPANY AND CNG | | 07/01/1999 | | MAIN PASS 164 | | Original Lease | | 1 | | OR | | 0.00000000 | | MAIN PASS, SO. & EAST ADDITION BLK # 164 |
| | | | | | | | | | |
L018618 | | OCS-G 16500 | | FLORES & RUCKS, INC. | | 07/01/1996 | | MAIN PASS 138 | | Original Lease | | 1 | | OP | | 0.20588230 | | MAIN PASS BLK # 138 | | OPERATING RIGHTS AS TO ALL OF BLOCK LIMITED TO DEPTHS BELOW 13,500 FEET SUBSEA |
| | | | | | | | | | |
L018747 | | OCS-G 15239 | | COCKRELL OIL AND GAS, L.P. | | 08/01/1995 | | BULL WEST (EI 39) | | Original Lease | | 1 | | RT | | 0.50000000 | | EUGENE ISLAND BLK # 39 | | |
Exhibit A-1-20
| | | | | | | | | | | | | | | | | | | | |
Lease No. | | Lessor | | Lessee | | Effective | | Prospect | | Doc Type | | Tr | | Int Type | | DEPI Working Interest | | Formatted Legal Description | | Legal Desc Remark |
L018881 | | ST OF LA 1008 | | SHELL OIL COMPANY | | 04/23/1947 | | UPSEIS I (SOUTH
PASS 24) | | | | 1 | | WI | | 0.25000000 | | SOUTH PASS BLK # 25 | | INSOFAR AND ONLY INSOFAR AS LEASE COVERS FROM THE DEPTH BEGINNING AT THE TOP OF THE STRATIGRAHIC EQUIVALENT OF THE AA SAND DOWN TO THE BASE OF THE BB SAND AS SEEN IN THE SL 998 NO. 186 WELL LOG FROM 12,317’ MD TO 14,038’ MD AND THE TOP OF THE CC SAND DOWN TO THE BASE OF THE DD SAND AS SEEN IN THE SL 1008 NO. B-58 WELL LOG FROM 13,402’ MD TO 14,549’ MD ANS INSOFAR AND ONLY INSOFAR AS LEASE COVERS FROM DEPTHS AT THE TOP OF THE STRATIGRAPHIC EQUIVALENT OF THE EE SAND DOWN TO THE BASE OF THE FF SAND AS SEEN IN THE SL 1008 NO. B-58 WELL LOG FROM 14,500’ MD TO 15,942’ MD, FURTHER INSOFAR AND ONLY INSOFAR AS LEASE COVERS FROM THE DPETHS AT THE TOP OF OF THE STRATIGRAPHIC EQUIVALENT OF THE GG SAND DOWN TO THE BASE OF THE II SAND AS SEEN IN THE SL 1008 NO. B-58 WELL LOG FROM 15,943’ MD TO 18,130’ MD |
Exhibit A-1-21
| | | | | | | | | | | | | | | | | | | | |
Lease No. | | Lessor | | Lessee | | Effective | | Prospect | | Doc Type | | Tr | | Int Type | | DEPI Working Interest | | Formatted Legal Description | | Legal Desc Remark |
L018882 | | ST OF LA 1007 | | SHELL OIL COMPANY | | 04/23/1947 | | UPSEIS I (SOUTH PASS 24) | | | | 1 | | WI | | 0.25000000 | | SOUTH PASS BLK # 23 | | NSOFAR AND ONLY INSOFAR AS LEASE COVERS FROM THE DEPTH |
| | | | | | | | | | BEGINNING AT THE TOP OF THE STRATIGRAHIC EQUIVALENT OF |
| | | | | | | | | | THE AA SAND DOWN TO THE BASE OF THE BB SAND AS SEEN IN |
| | | | | | | | | | THE SL 998 NO. 186 WELL LOG FROM 12,317’ MD TO 14,038’ |
| | | | | | | | | | MD AND THE TOP OF THE CC SAND DOWN TO THE BASE OF THE DD |
| | | | | | | | | | SAND AS SEEN IN THE SL 1008 NO. B-58 WELL LOG FROM |
| | | | | | | | | | 13,402’ MD TO 14,549’ MD ANS INSOFAR AND ONLY INSOFAR AS |
| | | | | | | | | | LEASE COVERS FROM DEPTHS AT THE TOP OF THE STRATIGRAPHIC |
| | | | | | | | | | EQUIVALENT OF THE EE SAND DOWN TO THE BASE OF THE FF |
| | | | | | | | | | SAND AS SEEN IN THE SL 1008 NO. B-58 WELL LOG FROM |
| | | | | | | | | | 14,500’ MD TO 15,942’ MD, FURTHER INSOFAR AND ONLY |
| | | | | | | | | | INSOFAR AS LEASE COVERS FROM THE DPETHS AT THE TOP OF OF |
| | | | | | | | | | THE STRATIGRAPHIC EQUIVALENT OF THE GG SAND DOWN TO THE |
| | | | | | | | | | BASE OF THE II SAND AS SEEN IN THE SL 1008 NO. |
| | | | | | | | | | |
L020354 | | OCS-G 9402 | | KERR-MCGEE CORPORATION AND SUN OPERATING | | 07/01/1988 | | CARAVEL (WC 194) | | Original Lease | | 1 | | OP | | 0.16750000 | | WEST CAMERON BLK # 194 | | OPERATING RIGHTS AS TO THOSE DEPTHS 100 FEET BELOW THE |
| | | | | | | | | | STRATIGRAPHIC EQUIVALENT OF 9,291’ AS FOUND IN THE OCS-G |
| | | | | | | | | | 9402 #1 WELL DOWN TO A DEPTH OF 25,000’ |
| | | | | | | | | | |
L021602 | | OCS-G 22510 | | DOMINION EXPLORATION & PRODUCTION | | 07/01/2001 | | CAMERON, W 100 | | | | 1 | | RT | | 1.00000000 | | WEST CAMERON BLK # 100 | | |
| | | | | | | | | |
L021706 | | OCS-G 22812 | | DOMINION EXPLORATION & PRODUCTION | | 07/01/2001 | | MAIN PASS 270 S/E- ADD | | | | 1 | | RT | | 0.75000000 | | MAIN PASS, SO. & EAST ADDITION BLK # 270 |
| | | | | | | | | | |
L022166 | | OCS-G 23861 | | DOMINION EXPLORATION & PRODUCTION | | 05/01/2002 | | EUGENE ISL 81 | | | | 1 | | RT | | 1.00000000 | | EUGENE ISLAND BLK # 81 | | |
| | | | | | | | | | |
L022167 | | OCS-G 23862 | | DOMINION EXPLORATION & PRODUCTION | | 05/01/2002 | | EUGENE ISL 82 | | | | 1 | | RT | | 1.00000000 | | EUGENE ISLAND BLK # 82 | | |
| | | | | | | | | | |
L022168 | | OCS-G 23863 | | DOMINION EXPLORATION & PRODUCTION | | 05/01/2002 | | EUGENE ISL 101 | | | | 1 | | RT | | 1.00000000 | | EUGENE ISLAND BLK # 101 | | |
| | | | | | | | | | |
L022169 | | OCS-G 23865 | | DOMINION EXPLORATION & PRODUCTION | | 05/01/2002 | | EUGENE ISL 138 | | | | 1 | | RT | | 1.00000000 | | EUGENE ISLAND BLK # 138 | | |
| | | | | | | | | | |
L022170 | | OCS-G 23806 | | DOMINION EXPLORATION & PRODUCTION | | 05/01/2002 | | VERMILION 47 | | | | 1 | | RT | | 1.00000000 | | VERMILION BLK # 47 | | |
| | | | | | | | | | |
L022172 | | OCS-G 23732 | | DOMINION EXPLORATION & PRODUCTION | | 05/01/2002 | | CAMERON, W 38 | | | | 1 | | RT | | 0.75000000 | | WEST CAMERON BLK # 38 | | |
Exhibit A-1-22
| | | | | | | | | | | | | | | | | | | | |
Lease No. | | Lessor | | Lessee | | Effective | | Prospect | | Doc Type | | Tr | | Int Type | | DEPI Working Interest | | Formatted Legal Description | | Legal Desc Remark |
L022173 | | OCS-G 23731 | | DOMINION EXPLORATION & PRODUCTION | | 05/01/2002 | | CAMERON, W 37 | | | | 1 | | RT | | 0.75000000 | | WEST CAMERON BLK # 37 | | |
| | | | | | | | | | |
L022204 | | OCS-G 23832 | | DOMINION EXPLORATION & PRODUCTION | | 06/01/2002 | | VERMILION 333 | | | | 1 | | RT | | 1.00000000 | | VERMILION BLK # 333 | | |
| | | | | | | | | | |
L022370 | | OCS-G 23817 | | DOMINION EXPLORATION & PRODUCTION | | 07/01/2002 | | VERMILION 108 | | | | 1 | | RT | | 1.00000000 | | VERMILION BLK # 108 | | |
| | | | | | | | | | |
L022372 | | OCS-G 23735 | | DOMINION EXPLORATION & PRODUCTION INC ET | | 07/01/2002 | | CAMERON, W 72 | | | | 1 3 | | RT RT | | 0.75000000 0.75000000 | | WEST CAMERON BLK # 72 WEST CAMERON BLK # 72 | | W/2 SW/4, W/2 E/2 SW/4, FROM THE SURFACE DOWN TO THE STRATIGRAPHIC EQUIVALENT OF 100’ BELOW 13,923’ TVD AS SEEN IN THE DOMINION WC 72 NO. 2 WELL ALL OF BLOCK 72, LESS AND EXCEPT W/2 SW/4, W/2 E/2 SW/4. |
| | | | | | | | | | |
L022411 | | OCS-G 23791 | | DOMINION EXPLORATION & PRODUCTION | | 07/01/2002 | | CAMERON, E 102 | | | | 1 | | RT | | 1.00000000 | | EAST CAMERON BLK # 102 | | |
| | | | | | | | | | |
L022521 | | OCS-G 23785 | | DOMINION EXPLORATION ET AL | | 07/01/2002 | | CAMERON, E 11 | | | | 1 | | RT | | 0.50000000 | | EAST CAMERON BLK # 11 | | |
| | | | | | | | | | |
L022522 | | OCS-G 23734 | | DOMINION EXPLORATION ET AL | | 07/01/2002 | | CAMERON, W 69 | | | | 1 | | RT | | 0.50000000 | | WEST CAMERON BLK # 69 | | |
| | | | | | | | | | |
L022541 | | OCS-G 24005 | | DOMINION EXPLORATION ET AL | | 07/01/2002 | | SABINE PASS 14 | | | | 1 | | RT | | 0.50000000 | | SABINE PASS BLK # 14 | | |
| | | | | | | | | | |
L022878 | | OCS-G 21599 | | STONE ENERGY CORPORATION | | 05/01/2000 | | VERMILION 276 | | | | 1 | | OP | | 0.16666667 | | VERMILION, SOUTH ADDITION BLK # 276 | | NE/4NW/4; N/2NE/4 FROM THE SURFACE OF THE EARTH DOWN TO AND INCLUDING 40,000 FT TVD. |
| | | | | | | | | | |
L023619 | | OCS-G 24711 | | DOMINION EXPLORATION & PRODUCTION INC | | 05/01/2003 | | CAMERON, W 129 | | | | 1 | | RT | | 0.75000000 | | WEST CAMERON BLK # 129 | | |
| | | | | | | | | | |
L023620 | | OCS-G 24798 | | DOMINION EXPLORATION & PRODUCTION INC | | 05/01/2003 | | CAMERON, E 99 | | | | 1 | | RT | | 1.00000000 | | EAST CAMERON BLK # 99 | | |
| | | | | | | | | | |
L023621 | | OCS-G 24887 | | DOMINION EXPLORATION & PRODUCTION INC | | 05/01/2003 | | EUGENE ISL 66 | | | | 1 | | RT | | 1.00000000 | | EUGENE ISLAND BLK # 66 | | |
| | | | | | | | | | |
L024018 | | OCS-G 24704 | | DOMINION EXPLORATION & PRODUCTION INC | | 07/01/2003 | | CAMERON, W 40 | | | | 1 | | RT | | 0.75000000 | | WEST CAMERON BLK # 40 | | |
| | | | | | | | | | |
L024021 | | OCS-G 24718 | | DOMINION EXPLORATION & PRODUCTION INC | | 07/01/2003 | | CAMERON, W 202 | | | | 1 | | RT | | 0.50000000 | | WEST CAMERON BLK # 202 | | |
Exhibit A-1-23
| | | | | | | | | | | | | | | | | | | | |
Lease No. | | Lessor | | Lessee | | Effective | | Prospect | | Doc Type | | Tr | | Int Type | | DEPI Working Interest | | Formatted Legal Description | | Legal Desc Remark |
L024597 | | OCS-G 1244 | | SHELL OIL COMPANY | | 06/01/1962 | | TIMBALIER, S 72 | | Original Lease | | 1 2 3 | | OP OP OP | | 0.25000000 0.25000000 0.25000000 | | SOUTH TIMBALIER BLK # 72 SOUTH TIMBALIER BLK # 72 SOUTH TIMBALIER BLK # 72 | | W/2; SE/4; S/2 NE/4; NE/4 NE/4; S/2 NW/4 NE/4 FROM DEPTHS BELOW AND INCLUDING THE TOP OF THE CRISTELLARIA K, X-1 SAND AS SEEN AT 15, 933 FT TVD IN THE OCS-G 1244 NO. 16 S-1 WELL, DOWN TO AND INCLUDING 50,000 FT NW/4 NW/4 NE/4; NE/4 NW/4 NE/4 AS TO DEPTHS BELOW 35,000 FT TVD DOWN TO AND INCLUDING 50,000 TVD LIMITED TO THE SANDS IDENTIFIED AS V AND W, AS ENCOUNTERED BETWEEN THE DEPTHS OF 15,062’ MD AND 15,158’ MD AND 15,440’ MD AND 15,550’ MD ON THE MWD LOG FOR THE SOUTH TIMBALIER 72, OCS-G 01244 NO. 22 WELL, API #177154117702 AND LIMITED TO ONLY THE V AND W SANDS, ONLYINSOFAR AS PRODUCTION FROM SAID SANDS OCCUR WITHIN THE WELLBORE OF THIS WELL. |
| | | | | | | | | | |
L024958 | | OCS-G 21536 | | FORCENERGY INC | | 05/01/2000 | | CAMERON, W 112 | | Original Lease | | 1 | | RT | | 0.45000000 | | WEST CAMERON BLK # 112 | | |
| | | | | | | | | | |
L025545 | | OCS-G 25883 | | DOMINION EXPLORATION & PRODUCTION INC | | 05/01/2004 | | CAMERON, W 199 | | | | 1 | | RT | | 1.00000000 | | WEST CAMERON BLK # 199 | | |
| | | | | | | | | | |
L025781 | | OCS-G 25943 | | DOMINION EXPLORATION & PRODUCTION INC | | 07/01/2004 | | DIAMONDHEAD (EC87) | | | | 1 | | RT | | 0.40000000 | | EAST CAMERON BLK # 87 | | |
| | | | | | | | | | |
L025935 | | OCS-G 25877 | | REPUBLIC EXPLORATION LLC | | 06/01/2004 | | CAMERON, W 133 | | Original Lease | | 1 | | OP | | 0.45000000 | | WEST CAMERON BLK # 133 | | NE/4 |
| | | | | | | | | | |
L025936 | | OCS-G 25979 | | DOMINION EXPLORATION & PRODUCTION INC | | 07/01/2004 | | VERMILION 154 | | | | 1 | | RT | | 1.00000000 | | VERMILION BLK # 154 | | ENTIRE BLOCK |
| | | | | | | | | | |
L026972 | | OCS-G 27161 | | DOMINION EXPLORATION & PRODUCTION INC | | 05/01/2005 | | PUERTO VALLARTA (ST104) | | | | 1 | | RT | | 1.00000000 | | SOUTH TIMBALIER BLK # 104 | | |
| | | | | | | | | | |
L026973 | | OCS-G 27162 | | DOMINION EXPLORATION & PRODUCTION INC | | 05/01/2005 | | PUERTO VALLARTA (ST140) | | | | 1 | | RT | | 1.00000000 | | SOUTH TIMBALIER BLK # 140 | | |
| | | | | | | | | | |
L026974 | | OCS-G 27064 | | DOMINION EXPLORATION & PRODUCTION INC | | 05/01/2005 | | CHINA BEACH (VR155) | | | | 1 | | RT | | 1.00000000 | | VERMILION BLK # 155 | | |
| | | | | | | | | | |
L027047 | | OCS-G 27016 | | DOMINION EXPLORATION & PRODUCTION INC | | 06/01/2005 | | IPANEMA (WC160) | | | | 1 | | RT | | 1.00000000 | | WEST CAMERON, WEST ADDITION BLK # 160 | | ALL OF BLOCK (IRREGULAR) |
| | | | | | | | | | |
L027048 | | OCS-G 27003 | | DOMINION EXPLORATION & PRODUCTION INC ET | | 06/01/2005 | | JABBERWOK (WC132) | | | | 1 | | RT | | 0.75000000 | | WEST CAMERON BLK # 132 | | S/2 |
| | | | | | | | | | |
L027063 | | OCS-G 27106 | | DOMINION EXPLORATION & PRODUCTION INC | | 06/01/2005 | | BONDI BEACH (EI146) | | | | 1 | | RT | | 1.00000000 | | EUGENE ISLAND BLK # 146 | | |
| | | | | | | | | | |
L027064 | | OCS-G 27105 | | DOMINION EXPLORATION & PRODUCTION INC | | 06/01/2005 | | BONDI BEACH (EI145) | | | | 1 | | RT | | 1.00000000 | | EUGENE ISLAND BLK # 145 | | |
Exhibit A-1-24
| | | | | | | | | | | | | | | | | | | | |
Lease No. | | Lessor | | Lessee | | Effective | | Prospect | | Doc Type | | Tr | | Int Type | | DEPI Working Interest | | Formatted Legal Description | | Legal Desc Remark |
L027065 | | OCS-G 27104 | | DOMINION EXPLORATION & PRODUCTION INC | �� | 06/01/2005 | | BONDI BEACH (EI144) | | | | 1 | | RT | | 1.00000000 | | EUGENE ISLAND BLK # 144 | | |
| | | | | | | | | | |
L027201 | | OCS-G 23736 | | NEWFIELD EXPLORATION COMPANY ET AL | | 07/01/2002 | | CAMERON, W 73 | | Original Lease | | 1 | | OP | | 0.75000000 | | WEST CAMERON BLK # 73 | | E/2E/2SE/4, LIMITED TO THOSE DEPTHS FROM THE SURFACE DOWN TO 100’ BELOW THE STRATIGRAPHIC EQUIVALENT OF 13,923’ TVD, AS SEEN IN THE DOMINION WC72 #2 WELL. |
| | | | | | | | | | |
L027217 | | OCS-G 27127 | | DOMINION EXPLORATION & PRODUCTION INC | | 07/01/2005 | | CARMEL (SS138) | | | | 1 | | RT | | 1.00000000 | | SHIP SHOAL BLK # 138 | | |
| | | | | | | | | | |
L027218 | | OCS-G 27002 | | DOMINION EXPLORATION & PRODUCTION INC ET | | 07/01/2005 | | COOGEE (WC114) | | | | 1 | | RT | | 0.75000000 | | WEST CAMERON BLK # 114 | | |
| | | | | | | | | | |
L027227 | | OCS-G 25941 | | MARINER ENERGY INC | | 07/01/2004 | | DIAMONDHEAD (EC79) | | Original Lease | | 1 | | RT | | 0.40000000 | | EAST CAMERON BLK # 79 | | |
| | | | | | | | | | |
L027228 | | OCS-G 25942 | | MARINER ENERGY INC | | 07/01/2004 | | DIAMONDHEAD (EC86) | | Original Lease | | 1 | | RT | | 0.40000000 | | EAST CAMERON BLK # 86 | | |
| | | | | | | | | | |
L027230 | | OCS-G 24962 | | SPINNAKER EXPLORATION COMPANY LLC | | 06/01/2003 | | KORN (ST98) | | Original Lease | | 1 | | RT | | 0.25000000 | | SOUTH TIMBALIER BLK # 98 | | |
| | | | | | | | | | |
L027303 | | OCS-G 25940 | | WESTPORT RESOURCES CORPORATION | | 07/01/2004 | | DIAMONDHEAD (EC78) | | Original Lease | | 1 | | RT | | 0.40000000 | | EAST CAMERON BLK # 78 | | |
| | | | | | | | | |
L028380 | | OCS-G 27946 | | DOMINION EXPLORATION & PRODUCTION INC | | 05/01/2006 | | TIMBALIER, S 298 S-ADD | | | | 1 | | RT | | 1.00000000 | | SOUTH TIMBALIER,SOUTH ADDITION BLK # 298 |
| | | | | | | | | |
L028381 | | OCS-G 27944 | | DOMINION EXPLORATION & PRODUCTION INC | | 06/01/2006 | | TIMBALIER, S 268 S-ADD | | | | 1 | | RT | | 1.00000000 | | SOUTH TIMBALIER,SOUTH ADDITION BLK # 268 |
| | | | | | | | | | |
L028382 | | OCS-G 27858 | | DOMINION EXPLORATION & PRODUCTION INC | | 06/01/2006 | | VERMILION 167 | | | | 1 | | RT | | 1.00000000 | | VERMILION BLK # 167 | | |
| | | | | | | | | | |
L028387 | | OCS-G 27909 | | DOMINION EXPLORATION & PRODUCTION INC | | 07/01/2006 | | EUGENE ISL 84 | | | | 1 | | RT | | 1.00000000 | | EUGENE ISLAND BLK # 84 | | |
| | | | | | | | | | |
L028388 | | OCS-G 27791 | | DOMINION EXPLORATION & PRODUCTION INC | | 07/01/2006 | | CAMERON, W 222 | | | | 1 | | RT | | 1.00000000 | | WEST CAMERON BLK # 222 | | |
| | | | | | | | | | |
L028389 | | OCS-G 27799 | | DOMINION EXPLORATION & PRODUCTION INC | | 07/01/2006 | | CAMERON, W 304 W-ADD | | | | 1 | | RT | | 1.00000000 | | WEST CAMERON BLK # 304 | | |
| | | | | | | | | | |
L028390 | | OCS-G 27800 | | DOMINION EXPLORATION & PRODUCTION INC | | 07/01/2006 | | CAMERON, W 313 W-ADD | | | | 1 | | RT | | 1.00000000 | | WEST CAMERON BLK # 313 | | |
| | | | | | | | | |
L028391 | | OCS-G 27936 | | DOMINION EXPLORATION & PRODUCTION INC ET | | 06/01/2006 | | TIMBALIER, S 208 | | | | 1 | | RT | | 0.50000000 | | SOUTH TIMBALIER,SOUTH ADDITION BLK # 208 |
| | | | | | | | | | |
L028393 | | OCS-G 27790 | | DOMINION EXPLORATION & PRODUCTION INC | | 07/01/2006 | | CAMERON, W 216 | | | | 1 | | RT | | 1.00000000 | | WEST CAMERON BLK # 216 | | |
| | | | | | | | | |
L028394 | | OCS-G 27943 | | DOMINION EXPLORATION & PRODUCTION INC | | 07/01/2006 | | TIMBALIER, S 234 S-ADD | | | | 1 | | RT | | 1.00000000 | | SOUTH TIMBALIER,SOUTH ADDITION BLK # 234 |
| | | | | | | | | | |
L028450 | | OCS-G 27786 | | MARINER ENERGY INC | | 07/01/2006 | | CAMERON, W 151 | | Original Lease | | 1 | | RT | | 0.33330000 | | WEST CAMERON BLK # 151 | | |
Exhibit A-1-25
Texas Leases
| | | | | | | | | | | | | | | | | | | | |
Lease No. | | Lessor | | Lessee | | Effective | | Prospect | | Doc Type | | Tr | | Int Type | | DEPI Working Interest | | Formatted Legal Description | | Legal Desc Remark |
L013541 | | OCS-G 19216 | | CNG PRODUCING COMPANY | | 10/01/1997 | | OSPREY (GB 931) | | Original Lease | | 1 | | WI | | 0.50000000 | | GARDEN BANKS BLK # 00931 | | |
| | | | | | | | | | |
L013542 | | OCS-G 19190 | | CNG PRODUCING COMPANY | | 01/01/1998 | | HAWK (GB 839) | | Original Lease | | 1 | | WI | | 1.00000000 | | GARDEN BANKS BLK # 00839 | | |
| | | | | | | | | | |
L013544 | | OCS-G 19158 | | CNG PRODUCING COMPANY | | 01/01/1998 | | DERBIGNY (GB 713) | | Original Lease | | 1 | | RT | | 1.00000000 | | GARDEN BANKS BLK # 713 | | |
| | | | | | | | | | |
L013545 | | OCS-G 19159 | | CNG PRODUCING COMPANY | | 01/01/1998 | | DERBIGNY (GB 714) | | Original Lease | | 1 | | WI | | 1.00000000 | | GARDEN BANKS BLK # 714 | | |
| | | | | | | | | | |
L015368 | | OCS-G 20766 | | CNG PRODUCING COMPANY, ET AL | | 10/01/1998 | | COUGAR (EB 875) | | Original Lease | | 1 | | WI | | 0.40000000 | | EAST BREAKS BLK # 875 | | |
| | | | | | | | | | |
L015369 | | OCS-G 20767 | | CNG PRODUCING COMPANY, ET AL | | 10/01/1998 | | COUGAR (EB 876) | | Original Lease | | 1 | | WI | | 0.40000000 | | EAST BREAKS BLK # 876 | | |
| | | | | | | | | | |
L015377 | | OCS-G 20800 | | SAMEDAN OIL CORPORATION, ET AL | | 10/01/1998 | | WILD THING (GB 841) | | Original Lease | | 1 | | RT | | 0.20000000 | | GARDEN BANKS BLK # 841 | | |
| | | | | | | | | | |
L018865 | | OCS-G 21421 | | CNG PRODUCING COMPANY | | 12/01/1999 | | TROGG (KC 7) | | Original Lease | | 1 | | WI | | 0.50000000 | | KEATHLEY CANYON BLK # 7 | | |
| | | | | | | | | | |
L024578 | | OCS-G 20945 | | TEXACO EXPLORATION AND PRODUCTION INC | | 10/01/1998 | | BONANZA (KC672) | | Original Lease | | 1 | | RT | | 0.50000000 | | KEATHLEY CANYON BLK # 672 | | |
| | | | | | | | | | |
L003438 / 00 | | OCS-G-2428 | | CNG PRODUCING COMPANY ET AL | | 08/01/1973 | | HIGH ISL A- 350 E-ADD, S- EXT | | Original Lease | | 1 | | RT | | 0.43750000 | | HIGH ISLAND,EAST ADD.,SO.EXT. BLK # A-350 | | HIGH ISLAND AREA E/A, SO EXT ALL EXCEPT SW/4SW/4SE/4 AS LISTED IN TRACT 2 3258.750 ACRES |
| | | | | | | | | | |
| | | | | | | | | | | | 3 | | RT | | 0.43750000 | | HIGH ISLAND,EAST ADD.,SO.EXT. BLK # A-350 | | HIGH ISLAND AREA E/A, SO EXT SW/4SW/4SE/4 1086.250 ACRES |
| | | | | | | | | | |
L023689 | | OCS-G 24337 | | GRYPHON EXPLORATION COMPANY | | 10/01/2002 | | CROCKETT (MI663) | | Original Lease | | 1 | | RT | | 0.40000000 | | MATAGORDA ISLAND BLK # 663 | | PORTION OF BLOCK SEAWARD OF THE THREE MARINE LEAGUE LINE |
| | | | | | | | | | |
L024728 | | OCS-G 25511 | | DOMINION EXPLORATION & PRODUCTION INC | | 12/01/2003 | | MATAGORDA ISL 689 | | | | 1 | | RT | | 0.40000000 | | MATAGORDA ISLAND BLK # 689 | | THAT PORTION OF BLOCK SEAWARD OF THE 3 MARINE LINE, SPECIFICALLY DESCRIBED IN OCS BLOCK DIAGRAM ATTACHED TO LEASE. |
Exhibit A-1-26
| | | | | | | | | | | | | | | | | | | | |
Lease No. | | Lessor | | Lessee | | Effective | | Prospect | | Doc Type | | Tr | | Int Type | | DEPI Working Interest | | Formatted Legal Description | | Legal Desc Remark |
L024729 | | OCS-G 25566 | | DOMINION EXPLORATION & PRODUCTION INC | | 12/01/2003 | | HIGH ISL A- 1 | | | | 1 | | RT | | 0.75000000 | | HIGH ISLAND BLK # A1 | | |
| | | | | | | | | | |
L015106 | | ST OF TX M- 099273 | | CNG PRODUCING COMPANY | | 4/7/1998 | | STIRRUP | | | | 1 | | WI | | 0.33330000 | | MUSTANG ISLAND BLK # 982S | | |
| | | | | | | | | | |
L015105 | | ST OF TX M- 099270 | | CNG PRODUCING COMPANY, ET AL | | 4/7/1998 | | STIRRUP | | | | 1 | | WI | | 0.33330000 | | MUSTANG ISLAND BLK # 978S | | |
| | | | | | | | | | |
L015104 | | ST OF TX M- 099269 | | CNG PRODUCING COMPANY, ET AL | | 4/7/1998 | | STIRRUP | | | | 1 | | WI | | 0.33330000 | | MUSTANG ISLAND BLK # 978S | | |
| | | | | | | | | | |
L015100 | | ST OF TX M- 099245 | | CNG PRODUCING COMPANY, ET AL | | 4/7/1998 | | STIRRUP | | | | 1 | | WI | | 0.33330000 | | MUSTANG ISLAND BLK # 861L | | |
| | | | | | | | | | |
L015099 | | ST OF TX M- 099244 | | CNG PRODUCING COMPANY, ET AL | | 4/7/1998 | | STIRRUP | | | | 1 | | WI | | 0.33330000 | | MUSTANG ISLAND BLK # 861L | | |
| | | | | | | | | | |
L015098 | | ST OF TX M- 099243 | | CNG PRODUCING COMPANY, ET AL | | 4/7/1998 | | STIRRUP | | | | 1 | | WI | | 0.33330000 | | MUSTANG ISLAND BLK # 861L | | |
| | | | | | | | | | |
L022586 | | ST OF TX M- 102594 | | ALPHA LAND SERVICES INC | | 7/2/2002 | | HARLEQUIN (MU748) | | | | 1 | | WI | | 1.00000000 | | MUSTANG ISLAND BLK # 748L | | |
| | | | | | | | | | |
L024353 | | ST OF TX M- 103219 | | GENESIS RESOURCES CORPORATION | | 7/1/2003 | | PILSNER (MI804-L) | | | | 1 | | WI | | 1.00000000 | | MATAGORDA ISLAND BLK # 804S | | |
| | | | | | | | | | |
L024352 | | ST OF TX M- 103214 | | GENESIS RESOURCES CORPORATION | | 7/1/2003 | | PILSNER (MI661-L) | | | | 1 | | WI | | 1.00000000 | | MATAGORDA ISLAND BLK # 661L | | |
| | | | | | | | | | |
L024178 | | ST OF TX M- 103227 | | ALPHA LAND SERVICES INC | | 7/1/2003 | | REDHEAD EAST | | | | 1 | | WI | | 1.00000000 | | MUSTANG ISLAND BLK # 795L | | |
| | | | | | | | | | |
L023471 | | ST OF TX M- 102894 | | ALPHA LAND SERVICES INC | | 1/15/2003 | | REDHEAD NORTH | | | | 1 | | WI | | 1.00000000 | | MUSTANG ISLAND BLK # 773L | | |
| | | | | | | | | | |
L024174 | | ST OF TX M- 103222 | | ALPHA LAND SERVICES INC | | 7/1/2003 | | REDHEAD NORTH | | | | 1 | | WI | | 1.00000000 | | MUSTANG ISLAND BLK # 773L | | |
| | | | | | | | | | |
L024175 | | ST OF TX M- 103223 | | ALPHA LAND SERVICES INC | | 7/1/2003 | | REDHEAD NORTH | | | | 1 | | WI | | 1.00000000 | | MUSTANG ISLAND BLK # 774L | | |
| | | | | | | | | | |
L024177 | | ST OF TX M- 103226 | | ALPHA LAND SERVICES INC | | 7/1/2003 | | REDHEAD EAST | | | | 1 | | WI | | 1.00000000 | | MUSTANG ISLAND BLK # 794L | | |
Exhibit A-1-27
| | | | | | | | | | | | | | | | | | | | |
Lease No. | | Lessor | | Lessee | | Effective | | Prospect | | Doc Type | | Tr | | Int Type | | DEPI Working Interest | | Formatted Legal Description | | Legal Desc Remark |
L024176 | | ST OF TX M- 103224 | | ALPHA LAND SERVICES INC | | 7/1/2003 | | REDHEAD NORTH | | | | 1 | | WI | | 1.00000000 | | MUSTANG ISLAND BLK # 774L | | |
Exhibit A-1-28
ATTACHEDTOANDMADEPARTOFTHATCERTAIN OFFSHORE PACKAGE PURCHASE AGREEMENTBYANDBETWEEN
DOMINION EXPLORATION & PRODUCTION, INC.AND ENI PETROLEUM CO. INC.
EXHIBIT A-2, PART 1
WELLS AND UNITS
1. | Each Property identified in Exhibit A-2, Part 1 is an interest in (i) one or more Wells, or (ii) a Unit. The name of the Property is stated in the column captioned “Well Name.” Individual Wells within a Unit and the Unit may both be listed in Exhibit A-2, Part 1. |
2. | As used in this Exhibit A-2, Part 1, the term “Unit” shall mean a pooled, communitized or unitized area, whether created by a voluntary or statutory declaration, designation or order, in the instance of a federal exploratory unit, “Unit” shall mean a participating area. |
3. | As used in this Exhibit A-2, Part 1, the term “Well” shall mean one or more formations in a wellbore to which proved resources were attributed in either the year-end 2006 reserve report for the E&P Business (the “Reserve Report”) or the OBU_YE2006_Aries_database as referred to in Section 4.2(c) of the Agreement. Where a wellbore has separate formations to which proved reserves were so attributed at separate depths with different ownership, each such formation with the same ownership will appear as a separate “Well” on this Exhibit. No representation is made in this Exhibit with respect to the ownership of depths in a well to which proved reserves have not been attributed in the Reserve Report. |
5. | Where there is a possible event, such as payout of certain costs with respect to a Well or Wells or Unit, as described in a lease, a farmout, one or more other agreements to which the affected Well or Unit is subject, applicable regulatory order, or applicability or inapplicability of royalty relief based on price thresholds, which would cause a change in working interest and/or net revenue interest, “Working Interest After Payout” and “Net Revenue Interest After Payout” specify the working interest and the net revenue interest of the Seller after the occurrence of the particular event. |
6. | The numbers used following “Payout” allow for events that could trigger a change in working interest and/or net revenue interest as described in paragraph 5. Where not filled in, there is no additional such event affecting the Seller’s title. |
7. | The “Net Revenue Interest” columns are designated “Oil” or “Gas” to allow for those situations where Seller has different net revenue interests in oil and gas produced from the same Well or Unit. In the majority of cases where there is not a different net revenue interest, the numbers in the corresponding “Oil” and “Gas” columns will be identical. |
8. | Each Well or Unit with respect to which the Working Interest and Net Revenue Interest of Seller are stated is described as follows: (i) by reference to the well name or unit name given to the Well or Unit in the Seller’s records, which may or may not be the name stated in the records of the applicable state or federal regulatory authority, (ii) by reference to a User Key number, which allows the Well or Unit to be tied to the Seller’s engineering database and the Reserve Report and (iii) by reference to a well number, which is used to identify the Well or Unit in the Seller’s land database. |
Exhibit A-2, Part 1-1
9. | No depth limitation or limitation as to the minerals in which Seller holds an interest (whether or not described in this Exhibit) affecting any Well or Unit conveyed hereunder shall constitute a breach of Seller’s warranty in Section 3.1 of the Agreement or a Title Defect under Article 3 of the Agreement unless such limitation would impair Seller’s ownership of or ability or right to produce any of the reserves (of oil or gas) attributed to such Property in the Reserve Report. |
10. | Until the Closing, “Permitted Encumbrances” shall include (in addition to those conditions identified as Permitted Encumbrances in Section 3.3 of the Agreement) the volumetric production payments described on Schedule 4.10. |
Exhibit A-2, Part 1-2
ATTACHEDTOANDMADEPARTOFTHATCERTAIN OFFSHORE PACKAGE PURCHASE AGREEMENTBYANDBETWEEN
DOMINION EXPLORATION & PRODUCTION, INC.AND ENI PETROLEUM CO. INC.
EXHIBIT A-2
WELLS AND UNITS
| | | | | | | | | | | | | | | | | | | | |
USER KEY | | FILE NUMBER | | WELL NAME | | STATE | | COUNTY | | WORKING INTEREST | | WORKING INTEREST AFTER PAYOUT | | OIL NET REVENUE INTEREST | | OIL NET REVENUE INTEREST AFTER PAYOUT | | GAS NET REVENUE INTEREST | | GAS NET REVENUE INTEREST AFTER PAYOUT |
17735 | | GU04881 | | GC 116 A2S01 (POPEYE) | | LA | | OFFSHORE | | 0.50000000 | | | | 0.40000000 | | | | 0.40000000 | | |
18737 | | GU04981 | | VK 826 A4S01 (#6)(UNIT) | | LA | | OFFSHORE | | 0.50000000 | | | | 0.39916500 | | | | 0.39916500 | | |
20855 | | WEGU20854 | | VK 826 A2S01 (#7)(UNIT) | | LA | | OFFSHORE | | 0.50000000 | | | | 0.39916500 | | | | 0.39916500 | | |
20859 | | WEGU20858 | | VK 826 A5S01 (#9)(UNIT) | | LA | | OFFSHORE | | 0.50000000 | | | | 0.39916500 | | | | 0.39916500 | | |
20861 | | WEGU20860 | | VK 826 A6S01 (#10)(UNIT) | | LA | | OFFSHORE | | 0.50000000 | | | | 0.39916500 | | | | 0.39916500 | | |
21386 | | WEGU21385 | | VK 826 A1S01 (#5ST1)(UNIT) | | LA | | OFFSHORE | | 0.50000000 | | | | 0.39916500 | | | | 0.39916500 | | |
21388 | | WEGU21387 | | VK 826 A7S01 (#11)(UNIT) | | LA | | OFFSHORE | | 0.50000000 | | | | 0.39916500 | | | | 0.39916500 | | |
24340 | | WEGU24339 | | GC 116 A3S01 (POPEYE) | | LA | | OFFSHORE | | 0.50000000 | | | | 0.40000000 | | | | 0.40000000 | | |
28056 | | WEGU28055 | | VK 826 A11 (UNIT) | | LA | | OFFSHORE | | 0.50000000 | | | | 0.39916500 | | | | 0.39916500 | | |
28058 | | WEGU28057 | | VK 826 A8S01 (UNIT) | | LA | | OFFSHORE | | 0.50000000 | | | | 0.39916500 | | | | 0.39916500 | | |
281118 | | WGU281117 | | GC 338 A8 ST00BP00 S01 | | LA | | OFFSHORE | | 0.37500000 | | | | 0.32812500 | | | | 0.32812500 | | |
281225 | | WGU281224 | | GC 339 A1 ST02BP01 S01 | | LA | | OFFSHORE | | 0.37500000 | | | | 0.32812500 | | | | 0.32812500 | | |
282866 | | WGU282865 | | GC 338 A3 ST01BP00 S01 | | LA | | OFFSHORE | | 0.37500000 | | | | 0.32812500 | | | | 0.32812500 | | |
29834 | | WEGU29833 | | VK 826 A10 S/T01 (UNIT) | | LA | | OFFSHORE | | 0.50000000 | | | | 0.39916500 | | | | 0.39916500 | | |
29836 | | WEGU29835 | | VK 826 A12 (UNIT) | | LA | | OFFSHORE | | 0.50000000 | | | | 0.39916500 | | | | 0.39916500 | | |
340144 | | WGU340143 | | VK 869 SS1 | | LA | | OFFSHORE | | 0.50000000 | | | | 0.40750000 | | | | 0.40750000 | | |
347958 | | WEGU56752 | | VK 826 #12S02 | | LA | | OFFSHORE | | 0.50000000 | | | | 0.39916500 | | | | 0.39916500 | | |
350640 | | WGU350639 | | VK 869 SS2 ST00BP00 | | LA | | OFFSHORE | | 0.50000000 | | | | 0.40750000 | | | | 0.40750000 | | |
360279 | | WGU360278 | | MC 734 #4 ST00BP00 | | LA | | OFFSHORE | | 0.25000000 | | | | 0.18750000 | | | | 0.18750000 | | |
361575 | | WGU361574 | | MC 819 #1 ST00BP00 | | LA | | OFFSHORE | | 0.25000000 | | | | 0.21875000 | | | | 0.21875000 | | |
363595 | | WGU363594 | | AT 140 #1 | | LA | | OFFSHORE | | 0.25500000 | | | | 0.26145000 | | | | 0.26145000 | | |
369539 | | WGU369538 | | MC 737 #1 ST00BP01 | | LA | | OFFSHORE | | 0.25000000 | | | | 0.20187500 | | | | 0.20187500 | | |
375530 | | WEGU60703 | | GC 338 A4 ST00BP00 S02 | | LA | | OFFSHORE | | 0.37500000 | | | | 0.32812500 | | | | 0.32812500 | | |
377150 | | WGU281111 | | GC 338 A7 ST00BP00 S02 | | LA | | OFFSHORE | | 0.37500000 | | | | 0.32812500 | | | | 0.32812500 | | |
377571 | | WGU377570 | | MC 737 #1 ST01BP00 | | LA | | OFFSHORE | | 0.25000000 | | | | 0.20187500 | | | | 0.20187500 | | |
46489 | | WEGU46488 | | VK 825 #4STS01 (UNIT) | | LA | | OFFSHORE | | 0.50000000 | | | | 0.40125000 | | | | 0.40125000 | | |
48045 | | WEGU48044 | | VK 826 A9ST (UNIT) | | LA | | OFFSHORE | | 0.50000000 | | | | 0.39916500 | | | | 0.39916500 | | |
48455 | | WEGU48454 | | VK 825 #5S01 (UNIT) | | LA | | OFFSHORE | | 0.50000000 | | | | 0.40125000 | | | | 0.40125000 | | |
49234 | | WEGU49233 | | GC 116 A1WB01S01 (POPEYE) | | LA | | OFFSHORE | | 0.50000000 | | | | 0.40000000 | | | | 0.40000000 | | |
50163 | | WEGU50162 | | MC 252 #1 T&A | | LA | | OFFSHORE | | 0.22500000 | | | | 0.19687500 | | | | 0.19687500 | | |
56734 | | WEGU20856 | | VK 826 A3S02 (#8)(UNIT) | | LA | | OFFSHORE | | 0.50000000 | | | | 0.39916500 | | | | 0.39916500 | | |
57153 | | WEGU57152 | | VK 826 A13 ST00BP00 | | LA | | OFFSHORE | | 0.50000000 | | | | 0.39916500 | | | | 0.39916500 | | |
58121 | | WEGU58120 | | GC 117 A4 (POPEYE) | | LA | | OFFSHORE | | 0.50000000 | | | | 0.40000000 | | | | 0.40000000 | | |
60491 | | WEGU60490 | | VK 826 A14ST01 (UNIT) | | LA | | OFFSHORE | | 0.50000000 | | | | 0.39916500 | | | | 0.39916500 | | |
1063 | | WE2200 | | WC 556 #A07S01 EC299 | | LA | | OFFSHORE | | 0.44000000 | | | | 0.36666660 | | | | 0.36666660 | | |
1468 | | WE0796 | | SM 142 #A03S03 (NON-UNIT) | | LA | | OFFSHORE | | 0.25000000 | | | | 0.20833330 | | | | 0.20833330 | | |
1505 | | WE0253 | | VR 255 #A03S02 | | LA | | OFFSHORE | | 0.25000000 | | | | 0.20833333 | | | | 0.20833333 | | |
1527 | | WE0487 | | VR 255 #B01S03 | | LA | | OFFSHORE | | 0.25000000 | | | | 0.20833333 | | | | 0.20833333 | | |
1552 | | WE0579 | | VR 255 #B14D04 | | LA | | OFFSHORE | | 0.25000000 | | | | 0.20833333 | | | | 0.20833333 | | |
1553 | | WE0579 | | VR 255 #B14D05 | | LA | | OFFSHORE | | 0.25000000 | | | | 0.20833333 | | | | 0.20833333 | | |
1573 | | WE0514 | | VR 255 #B04D07 | | LA | | OFFSHORE | | 0.25000000 | | | | 0.20833333 | | | | 0.20833333 | | |
Exhibit A-2, Part 1-3
ATTACHEDTOANDMADEPARTOFTHATCERTAIN OFFSHORE PACKAGE PURCHASE AGREEMENTBYANDBETWEEN
DOMINION EXPLORATION & PRODUCTION, INC.AND ENI PETROLEUM CO. INC.
EXHIBIT A-2
WELLS AND UNITS
| | | | | | | | | | | | | | | | | | | | |
USER KEY | | FILE NUMBER | | WELL NAME | | STATE | | COUNTY | | WORKING INTEREST | | WORKING INTEREST AFTER PAYOUT | | OIL NET REVENUE INTEREST | | OIL NET REVENUE INTEREST AFTER PAYOUT | | GAS NET REVENUE INTEREST | | GAS NET REVENUE INTEREST AFTER PAYOUT |
1575 | | WE0514 | | VR 255 #B04D08 | | LA | | OFFSHORE | | 0.25000000 | | | | 0.20833333 | | | | 0.20833333 | | |
1607 | | WE0411 | | VR 256 #D01S01 | | LA | | OFFSHORE | | 0.25000000 | | | | 0.20833333 | | | | 0.20833333 | | |
1614 | | WE0631 | | VR 256 #D04S01 | | LA | | OFFSHORE | | 0.25000000 | | | | 0.20833333 | | | | 0.20833333 | | |
1657 | | WE0935 | | VR 268 #C11S01 | | LA | | OFFSHORE | | 0.33333334 | | | | 0.27777778 | | | | 0.27777778 | | |
1661 | | WE0536 | | VR 267 #C02D01 | | LA | | OFFSHORE | | 0.25000000 | | | | 0.20833333 | | | | 0.20833333 | | |
1662 | | WE0536 | | VR 267 #C02D02 | | LA | | OFFSHORE | | 0.25000000 | | | | 0.20833333 | | | | 0.20833333 | | |
1666 | | WE0561 | | VR 267 #C05S01 | | LA | | OFFSHORE | | 0.25000000 | | | | 0.20833333 | | | | 0.20833333 | | |
1670 | | WE0571 | | VR 267 #C06S01 | | LA | | OFFSHORE | | 0.25000000 | | | | 0.20833333 | | | | 0.20833333 | | |
16827 | | GU04783 | | WC 61 #A03S01 (WC76 UNIT) | | LA | | OFFSHORE | | 0.40000000 | | | | 0.33333333 | | | | 0.33333333 | | |
1740 | | WE0784 | | VR 267 #F01S02 | | LA | | OFFSHORE | | 0.16666667 | | | | 0.13888889 | | | | 0.13888889 | | |
17407 | | WE2396 | | VR 78 #A1 | | LA | | OFFSHORE | | 0.37500000 | | | | 0.31250000 | | | | 0.31250000 | | |
1742 | | WE0886 | | VR 267 #F10S01 | | LA | | OFFSHORE | | 0.16666667 | | | | 0.13888889 | | | | 0.13888889 | | |
17436 | | GU04983 | | VR 313 #C02D01 | | LA | | OFFSHORE | | 1.00000000 | | | | 0.80208332 | | | | 0.80208332 | | |
1744 | | WE0786 | | VR 267 #F02S01 | | LA | | OFFSHORE | | 0.16666667 | | | | 0.13888889 | | | | 0.13888889 | | |
1746 | | WE0789 | | VR 267 #F03S01 | | LA | | OFFSHORE | | 0.16666667 | | | | 0.13888889 | | | | 0.13888889 | | |
1751 | | WE0816 | | VR 267 #F05S02 | | LA | | OFFSHORE | | 0.16666667 | | | | 0.13888889 | | | | 0.13888889 | | |
1755 | | WE0808 | | VR 267 #F06D03 | | LA | | OFFSHORE | | 0.16666667 | | | | 0.13888889 | | | | 0.13888889 | | |
1756 | | WE0808 | | VR 267 #F06D04 | | LA | | OFFSHORE | | 0.16666667 | | | | 0.13888889 | | | | 0.13888889 | | |
1759 | | WE0822 | | VR 267 #F07D02 | | LA | | OFFSHORE | | 0.16666667 | | | | 0.13888889 | | | | 0.13888889 | | |
1761 | | WE0857 | | VR 267 #F08D01 | | LA | | OFFSHORE | | 0.16666667 | | | | 0.13888889 | | | | 0.13888889 | | |
1762 | | WE0857 | | VR 267 #F08D02 | | LA | | OFFSHORE | | 0.16666667 | | | | 0.13888889 | | | | 0.13888889 | | |
1765 | | WE0848 | | VR 267 #F09S02 | | LA | | OFFSHORE | | 0.16666667 | | | | 0.13888889 | | | | 0.13888889 | | |
1776 | | WE0951 | | ST 185 #B02S01 | | LA | | OFFSHORE | | | | | | 0.03900000 | | | | 0.03900000 | | |
17763 | | WEGU17762 | | SS 247 #F19S01 | | LA | | OFFSHORE | | 0.25000000 | | | | 0.20833333 | | | | 0.20833333 | | |
1778 | | WE0963 | | ST 185 #B03S01 | | LA | | OFFSHORE | | | | | | 0.03900000 | | | | 0.03900000 | | |
1780 | | WE0964 | | ST 185 #B04S01 | | LA | | OFFSHORE | | | | | | 0.03900000 | | | | 0.03900000 | | |
1782 | | WE0971 | | ST 185 #B05S01 | | LA | | OFFSHORE | | | | | | 0.03900000 | | | | 0.03900000 | | |
1796 | | WE0981 | | ST 185 #B06S02 | | LA | | OFFSHORE | | | | | | 0.03900000 | | | | 0.03900000 | | |
1798 | | WE0894 | | ST 185 #B07S01 | | LA | | OFFSHORE | | | | | | 0.03900000 | | | | 0.03900000 | | |
1800 | | WE2451 | | ST 185 #B08S01 | | LA | | OFFSHORE | | | | | | 0.03900000 | | | | 0.03900000 | | |
1822 | | WE2409 | | VR 268 #G01D01 | | LA | | OFFSHORE | | 0.33333334 | | | | 0.27777778 | | | | 0.27777778 | | |
1823 | | WE2409 | | VR 268 #G01D02 | | LA | | OFFSHORE | | 0.33333334 | | | | 0.27777778 | | | | 0.27777778 | | |
18738 | | WE0927 | | VR 313 #B05S04 | | LA | | OFFSHORE | | 1.00000000 | | | | 0.80208332 | | | | 0.80208332 | | |
18765 | | WE0968 | | VR 313 #B10S04 | | LA | | OFFSHORE | | 1.00000000 | | | | 0.80208332 | | | | 0.80208332 | | |
18813 | | WEGU18812 | | SS 248 G1S01 | | LA | | OFFSHORE | | 0.30777170 | | | | 0.25587270 | | | | 0.25587270 | | |
18815 | | WEGU18814 | | SS 248 G2S01 | | LA | | OFFSHORE | | 0.30777170 | | | | 0.25587270 | | | | 0.25587270 | | |
18867 | | WE0888 | | VR 313 #B01S06 | | LA | | OFFSHORE | | 1.00000000 | | | | 0.80208332 | | | | 0.80208332 | | |
18868 | | WE0948 | | VR 313 #B09S03 | | LA | | OFFSHORE | | 1.00000000 | | | | 0.80208332 | | | | 0.80208332 | | |
18919 | | WE0889 | | SS 247 #D09S04 (248) | | LA | | OFFSHORE | | 0.28833340 | | | | 0.20833333 | | | | 0.20833333 | | |
19247 | | GU04751 | | VR 255 H01D01(LONG STRI | | LA | | OFFSHORE | | 0.25000000 | | | | 0.20833333 | | | | 0.20833333 | | |
19248 | | GU04751 | | VR 255 H01D02(SHORT STR | | LA | | OFFSHORE | | 0.25000000 | | | | 0.20833333 | | | | 0.20833333 | | |
Exhibit A-2, Part 1-4
ATTACHEDTOANDMADEPARTOFTHATCERTAIN OFFSHORE PACKAGE PURCHASE AGREEMENTBYANDBETWEEN
DOMINION EXPLORATION & PRODUCTION, INC.AND ENI PETROLEUM CO. INC.
EXHIBIT A-2
WELLS AND UNITS
| | | | | | | | | | | | | | | | | | | | |
USER KEY | | FILE NUMBER | | WELL NAME | | STATE | | COUNTY | | WORKING INTEREST | | WORKING INTEREST AFTER PAYOUT | | OIL NET REVENUE INTEREST | | OIL NET REVENUE INTEREST AFTER PAYOUT | | GAS NET REVENUE INTEREST | | GAS NET REVENUE INTEREST AFTER PAYOUT |
19314 | | WEGU19313 | | VR 160 AJ1S01 (143) | | LA | | OFFSHORE | | | | | | 0.00194430 | | | | 0.00194430 | | |
19316 | | WEGU19315 | | VR 160 AJ2S01 (143) | | LA | | OFFSHORE | | | | | | 0.00194430 | | | | 0.00194430 | | |
19338 | | WE0663 | | SS 246 #A04S02 | | LA | | OFFSHORE | | 0.98256590 | | 0.75805629 | | 0.81880493 | | 0.63171355 | | 0.81880493 | | 0.63171355 |
19383 | | WEGU19382 | | WC 77 A04S01 (WC76 UNIT) | | LA | | OFFSHORE | | 0.40000000 | | | | 0.33333333 | | | | 0.33333333 | | |
19424 | | WEGU19423 | | MP 222 #A2S01 | | LA | | OFFSHORE | | 0.50000000 | | | | 0.36666600 | | | | 0.36666600 | | |
19618 | | WE0669 | | SS 246 #A05S02 | | LA | | OFFSHORE | | 0.76764389 | | | | 0.63970325 | | | | 0.63970325 | | |
19624 | | WEGU19623 | | EC 331/332 A2S01 | | LA | | OFFSHORE | | | | | | 0.02150000 | | | | 0.02150000 | | |
19626 | | WEGU19625 | | EC 331/332 A5D01 | | LA | | OFFSHORE | | | | | | 0.02150000 | | | | 0.02150000 | | |
19627 | | WEGU19625 | | EC 331/332 A5D02 | | LA | | OFFSHORE | | | | | | 0.02150000 | | | | 0.02150000 | | |
19629 | | WEGU19628 | | EC 331/332 A6D01 | | LA | | OFFSHORE | | | | | | 0.02150000 | | | | 0.02150000 | | |
19630 | | WEGU19628 | | EC 331/332 A6D02 | | LA | | OFFSHORE | | | | | | 0.02150000 | | | | 0.02150000 | | |
19632 | | WEGU19631 | | EC 331 A10S01 | | LA | | OFFSHORE | | | | | | 0.01800000 | | | | 0.01800000 | | |
19697 | | WE0715 | | SS 246 #A09S03 | | LA | | OFFSHORE | | 0.76764389 | | | | 0.63970325 | | | | 0.63970325 | | |
2019 | | WE0575 | | VR 267 #C07S02 (268) | | LA | | OFFSHORE | | 0.25000000 | | | | 0.20833333 | | | | 0.20833333 | | |
2025 | | WE0547 | | VR 267 #C03S02 | | LA | | OFFSHORE | | 0.25000000 | | | | 0.20833333 | | | | 0.20833333 | | |
20834 | | WE0692 | | SS 246 #A06S05 | | LA | | OFFSHORE | | 0.94771793 | | 0.79500770 | | 0.77552989 | | 0.66799981 | | 0.77552989 | | 0.66799981 |
20843 | | GU04983 | | VR 313 #C02D02 | | LA | | OFFSHORE | | 1.00000000 | | | | 0.80208332 | | | | 0.80208332 | | |
20870 | | WE2484 | | VR 268 #G03D04 | | LA | | OFFSHORE | | 0.33333334 | | | | 0.27777778 | | | | 0.27777778 | | |
20871 | | WE2484 | | VR 268 #G03D05 | | LA | | OFFSHORE | | 0.33333334 | | | | 0.27777778 | | | | 0.27777778 | | |
20872 | | GU04986 | | VR 313 #C01 D03 | | LA | | OFFSHORE | | 1.00000000 | | | | 0.80208332 | | | | 0.80208332 | | |
20873 | | WEGU19382 | | WC 77 A04S02 (WC76 UNIT) | | LA | | OFFSHORE | | 0.40000000 | | | | 0.33333333 | | | | 0.33333333 | | |
20895 | | GU04984 | | VR 313 #C03D02 | | LA | | OFFSHORE | | 1.00000000 | | | | 0.80208332 | | | | 0.80208332 | | |
20896 | | WE2390 | | VR 268 #G02D02 | | LA | | OFFSHORE | | 0.33333334 | | | | 0.27777778 | | | | 0.27777778 | | |
20897 | | WE2390 | | VR 268 #G02D03 | | LA | | OFFSHORE | | 0.33333334 | | | | 0.27777778 | | | | 0.27777778 | | |
21280 | | WE2504 | | VR 268 #G04D01 | | LA | | OFFSHORE | | 0.33333334 | | | | 0.27777778 | | | | 0.27777778 | | |
21281 | | WE2504 | | VR 268 #G04D02 | | LA | | OFFSHORE | | 0.33333334 | | | | 0.27777778 | | | | 0.27777778 | | |
21321 | | WEGU21320 | | MP 249 A3S01 (225 UNIT) | | LA | | OFFSHORE | | 0.35176400 | | | | 0.29313600 | | | | 0.29313600 | | |
21480 | | WEGU21479 | | WC 130 A1S01 | | LA | | OFFSHORE | | 1.00000000 | | | | 0.71583330 | | | | 0.71583330 | | |
21556 | | WE0872 | | SS 249 #D08S05 (248) | | LA | | OFFSHORE | | 0.49571460 | | | | 0.40795780 | | | | 0.40795780 | | |
22149 | | WE0605 | | SS 246 #A01S05 | | LA | | OFFSHORE | | 0.76764389 | | | | 0.63970325 | | | | 0.63970325 | | |
22489 | | GU04751 | | VR 255 H01D03 | | LA | | OFFSHORE | | 0.25000000 | | | | 0.20833333 | | | | 0.20833333 | | |
22611 | | WEGU21559 | | SS 249 H2 ST00BP00 S02 | �� | LA | | OFFSHORE | | 0.96513160 | | | | 0.71437395 | | | | 0.71437395 | | |
22632 | | WEGU22631 | | MP 223 #A4S01 | | LA | | OFFSHORE | | 0.50000000 | | | | 0.36666600 | | | | 0.36666600 | | |
22852 | | WEGU22851 | | SM 142 C01S01 (NON-UNIT) | | LA | | OFFSHORE | | 0.25000000 | | | | 0.41666660 | | | | 0.41666660 | | |
23049 | | WEGU19382 | | WC 77 A04S03 (WC76 UNIT) | | LA | | OFFSHORE | | 0.40000000 | | | | 0.33333333 | | | | 0.33333333 | | |
2320 | | WE1002 | | SS 247 #F14ST1S01 | | LA | | OFFSHORE | | 0.25000000 | | | | 0.20833333 | | | | 0.20833333 | | |
23236 | | GU04984 | | VR 313 #C03D03 | | LA | | OFFSHORE | | 1.00000000 | | | | 0.80208332 | | | | 0.80208332 | | |
23273 | | WEGU23272 | | MP 223 #A6S01 | | LA | | OFFSHORE | | 0.50000000 | | | | 0.36666600 | | | | 0.36666600 | | |
23275 | | WEGU23274 | | MP 223 #A5S01 | | LA | | OFFSHORE | | 0.50000000 | | | | 0.36666600 | | | | 0.36666600 | | |
23614 | | WEGU23613 | | MP 280 A-2S01 (#1) | | LA | | OFFSHORE | | 0.68500000 | | | | 0.57083333 | | | | 0.57083333 | | |
23651 | | GU04652 | | VR 256 #D05S02 | | LA | | OFFSHORE | | 0.25000000 | | | | 0.20833333 | | | | 0.20833333 | | |
Exhibit A-2, Part 1-5
ATTACHEDTOANDMADEPARTOFTHATCERTAIN OFFSHORE PACKAGE PURCHASE AGREEMENTBYANDBETWEEN
DOMINION EXPLORATION & PRODUCTION, INC.AND ENI PETROLEUM CO. INC.
EXHIBIT A-2
WELLS AND UNITS
| | | | | | | | | | | | | | | | | | | | |
USER KEY | | FILE NUMBER | | WELL NAME | | STATE | | COUNTY | | WORKING INTEREST | | WORKING INTEREST AFTER PAYOUT | | OIL NET REVENUE INTEREST | | OIL NET REVENUE INTEREST AFTER PAYOUT | | GAS NET REVENUE INTEREST | | GAS NET REVENUE INTEREST AFTER PAYOUT |
23732 | | WEGU23731 | | MP 250 #A3ST01 (223 SUR | | LA | | OFFSHORE | | 0.51390000 | | | | 0.37269000 | | | | 0.37269000 | | |
24673 | | WEGU24672 | | WC 60 #B1S01 (WC76 UNIT) | | LA | | OFFSHORE | | 0.00000000 | | 0.40000000 | | 0.00000000 | | 0.33333333 | | 0.00000000 | | 0.33333333 |
24675 | | WEGU24674 | | WC 76 B2S01 (WC76 UNIT) | | LA | | OFFSHORE | | 0.00000000 | | 0.40000000 | | 0.00000000 | | 0.33333333 | | 0.00000000 | | 0.33333333 |
2474 | | WE2620 | | SS 246 #H1S01 (WAS #6 | | LA | | OFFSHORE | | 0.80691980 | | | | 0.66699791 | | | | 0.66699791 | | |
26652 | | WEGU26651 | | MP 281 A-3(#3) | | LA | | OFFSHORE | | 0.68500000 | | | | 0.57083333 | | | | 0.57083333 | | |
27338 | | WEGU27337 | | SM 142 C2 ST01BP00 D01 | | LA | | OFFSHORE | | 0.25000000 | | | | 0.20833330 | | | | 0.20833330 | | |
27792 | | WEGU27791 | | MP 280 C1 (#3) | | LA | | OFFSHORE | | 0.75000000 | | | | 0.62500000 | | | | 0.62500000 | | |
2785 | | WE0829 | | SM 142 #A06D05 SH(UNIT) | | LA | | OFFSHORE | | 0.19843400 | | | | 0.16536160 | | | | 0.16536160 | | |
2795 | | WE4630 | | SM 142 #A10D01 LO(NON-UNIT) | | LA | | OFFSHORE | | 0.25000000 | | | | 0.20833333 | | | | 0.20833333 | | |
279678 | | WEGU279677 | | WC 100 A2 ST00BP02 S01 | | LA | | OFFSHORE | | 1.00000000 | | | | 0.83333333 | | | | 0.83333333 | | |
279986 | | WEGU48541 | | VR 255 H5 ST00BP00 S05 | | LA | | OFFSHORE | | 0.25000000 | | | | 0.20833333 | | | | 0.20833333 | | |
280590 | | WGU280589 | | MP 270 A2 ST00BP00 | | LA | | OFFSHORE | | 0.75000000 | | | | 0.62500000 | | | | 0.62500000 | | |
280654 | | WGU280653 | | MP 164 A2 ST00BP00 S01 | | LA | | OFFSHORE | | 0.00000000 | | 0.08333333 | | 0.03333333 | | 0.06944441 | | 0.03333333 | | 0.06944441 |
280655 | | GU04986 | | VR 313 #C01 D04 | | LA | | OFFSHORE | | 1.00000000 | | | | 0.80208332 | | | | 0.80208332 | | |
280657 | | WGU280656 | | MP 178 A2 | | LA | | OFFSHORE | | | | | | 0.03333333 | | | | 0.03333333 | | |
28113 | | WEGU28112 | | MP 280 C-2 (#4) | | LA | | OFFSHORE | | 0.75000000 | | | | 0.62500000 | | | | 0.62500000 | | |
28152 | | WEGU28151 | | MP 223 #A7S01 | | LA | | OFFSHORE | | 0.50000000 | | | | 0.36666600 | | | | 0.36666600 | | |
283189 | | WGU283188 | | VR 313 D5 ST01BP00 (#15) | | LA | | OFFSHORE | | 0.50000000 | | | | 0.40104166 | | | | 0.40104166 | | |
283447 | | WGU283446 | | VR 276 F11 | | LA | | OFFSHORE | | 0.16666667 | | | | 0.13888889 | | | | 0.13888889 | | |
283615 | | WGU283614 | | WC 72 #1 ST00BP00 | | LA | | OFFSHORE | | 0.75000000 | | | | 0.62500000 | | | | 0.62500000 | | |
28772 | | WEGU28771 | | MP 223 #A8S01 | | LA | | OFFSHORE | | 0.50000000 | | | | 0.36666600 | | | | 0.36666600 | | |
28812 | | WEGU28811 | | WC 76 B3S01 (WC76 UNIT) | | LA | | OFFSHORE | | 0.40000000 | | | | 0.33333333 | | | | 0.33333333 | | |
29292 | | WEGU29291 | | VR 160 AJ-3 (143) | | LA | | OFFSHORE | | | | | | 0.00194430 | | | | 0.00194430 | | |
29293 | | WEGU29291 | | VR 160 AJ-3D (143) | | LA | | OFFSHORE | | | | | | 0.00194430 | | | | 0.00194430 | | |
29295 | | WEGU29294 | | VR 160 AJ-5 (143) | | LA | | OFFSHORE | | | | | | 0.00194430 | | | | 0.00194430 | | |
29296 | | WEGU29294 | | VR 160 AJ-5D (143) | | LA | | OFFSHORE | | | | | | 0.00194430 | | | | 0.00194430 | | |
29298 | | WEGU29297 | | VR 160 AJ-6 (143) | | LA | | OFFSHORE | | | | | | 0.00194430 | | | | 0.00194430 | | |
29299 | | WEGU29297 | | VR 160 AJ-6D (143) | | LA | | OFFSHORE | | | | | | 0.00194430 | | | | 0.00194430 | | |
29588 | | WEGU29587 | | MP 250 #A9 | | LA | | OFFSHORE | | 0.51390000 | | | | 0.37269000 | | | | 0.37269000 | | |
29832 | | WEGU29831 | | VR 255 #A6 D01 | | LA | | OFFSHORE | | 0.25000000 | | | | 0.20833330 | | | | 0.20833330 | | |
309 | | WE0997 | | SS 247 #F10S01 | | LA | | OFFSHORE | | 0.25000000 | | | | 0.20833333 | | | | 0.20833333 | | |
324 | | WE1026 | | SS 247 #F17S02 | | LA | | OFFSHORE | | 0.25000000 | | | | 0.20833333 | | | | 0.20833333 | | |
324827 | | WEGU27339 | | SM 142 C03D03 | | LA | | OFFSHORE | | 0.25000000 | | | | 0.20833330 | | | | 0.20833330 | | |
328041 | | WGU328040 | | EI 39 A3 ST00BP00 S01 | | LA | | OFFSHORE | | 0.50000000 | | | | 0.40416667 | | | | 0.40416667 | | |
328347 | | WEGU51118 | | VR 268 G5 ST00BP00 S02 | | LA | | OFFSHORE | | 0.33333334 | | | | 0.27777778 | | | | 0.27777778 | | |
329528 | | WGU329526 | | EI 39 A4 ST00BP00 | | LA | | OFFSHORE | | 0.50000000 | | | | 0.35416667 | | | | 0.35416667 | | |
329545 | | WGU329544 | | EI 39 #2 ST01BP00 | | LA | | OFFSHORE | | 0.50000000 | | | | 0.40416667 | | | | 0.40416667 | | |
330 | | WE0742 | | SS 249 #D02S01 (248) | | LA | | OFFSHORE | | 0.39571460 | | | | 0.32517994 | | | | 0.32517994 | | |
330544 | | WGU330543 | | WC 130 #2 ST01BP00 | | LA | | OFFSHORE | | 0.75000000 | | | | 0.53687500 | | | | 0.53687500 | | |
330723 | | WGU330722 | | SM 142 A11 ST00BP00 D01 | | LA | | OFFSHORE | | 0.25000000 | | | | 0.20833330 | | | | 0.20833330 | | |
330765 | | WEGU53496 | | SS 246 J1 D04 (#7) | | LA | | OFFSHORE | | 0.97302630 | | | | 1.57914468 | | | | 1.57914468 | | |
Exhibit A-2, Part 1-6
ATTACHEDTOANDMADEPARTOFTHATCERTAIN OFFSHORE PACKAGE PURCHASE AGREEMENTBYANDBETWEEN
DOMINION EXPLORATION & PRODUCTION, INC.AND ENI PETROLEUM CO. INC.
EXHIBIT A-2
WELLS AND UNITS
| | | | | | | | | | | | | | | | | | | | |
USER KEY | | FILE NUMBER | | WELL NAME | | STATE | | COUNTY | | WORKING INTEREST | | WORKING INTEREST AFTER PAYOUT | | OIL NET REVENUE INTEREST | | OIL NET REVENUE INTEREST AFTER PAYOUT | | GAS NET REVENUE INTEREST | | GAS NET REVENUE INTEREST AFTER PAYOUT |
330766 | | WEGU53496 | | SS 246 J1 D05 | | LA | | OFFSHORE | | 0.97302630 | | 0.79500770 | | 0.79328861 | | 0.66799984 | | 0.79328861 | | 0.66799984 |
330843 | | WEGU19860 | | WC 225 C1 D03 (#5) | | LA | | OFFSHORE | | 0.73330000 | | | | 0.60205604 | | | | 0.60205604 | | |
331686 | | WGU331685 | | VR 267 J3 ST02BP00 | | LA | | OFFSHORE | | 0.00000000 | | 0.16667000 | | 0.00000000 | | 0.13889166 | | 0.00000000 | | 0.13889166 |
332146 | | WE0925 | | SS 249 D11 ST00BP00 S05 (248) | | LA | | OFFSHORE | | 0.39571460 | | | | 0.32517994 | | | | 0.32517994 | | |
334032 | | WGU334031 | | ST 72 #21 | | LA | | OFFSHORE | | 0.25000000 | | | | 0.20000000 | | | | 0.20000000 | | |
334305 | | WEGU29297 | | VR 160 AJ6 S05 | | LA | | OFFSHORE | | | | | | 0.00194430 | | | | 0.00194430 | | |
336412 | | WEGU27341 | | SM 142 C4 ST00BP00 S02 | | LA | | OFFSHORE | | 0.25000000 | | | | 0.20833330 | | | | 0.20833330 | | |
337508 | | WE0871 | | SS 246 A19 ST00BP01 D08 | | LA | | OFFSHORE | | 0.76764389 | | | | 0.63970325 | | | | 0.63970325 | | |
338 | | WE0817 | | SS 249 #D05S02 (248) | | LA | | OFFSHORE | | 0.55757560 | | 0.39571460 | | 0.45494461 | | 0.32517994 | | 0.45494461 | | 0.32517994 |
339043 | | WGU339042 | | WC 112 #1 ST00BP00 S01 | | LA | | OFFSHORE | | 0.45000000 | | | | 0.36000000 | | | | 0.36000000 | | |
339085 | | WGU339084 | | GI 110 A5 S01 | | LA | | OFFSHORE | | | | | | 0.00250000 | | | | 0.00250000 | | |
339089 | | WGU339088 | | GI 116 A6 ST00BP01 S01 | | LA | | OFFSHORE | | | | | | 0.00750000 | | | | 0.00750000 | | |
339144 | | WEGU19860 | | WC 225 C1 ST00BP00 D04 | | LA | | OFFSHORE | | 0.73330000 | | | | 0.60205604 | | | | 0.60205604 | | |
340302 | | WGU340301 | | WC 100 A4 | | LA | | OFFSHORE | | 1.00000000 | | | | 0.83333333 | | | | 0.83333333 | | |
341269 | | WEGU58093 | | VR 268 J4 ST00BP00 S02 | | LA | | OFFSHORE | | 0.33330000 | | | | 0.27777778 | | | | 0.27777778 | | |
342 | | WE0862 | | SS 247/248 #D07S01 | | LA | | OFFSHORE | | 0.25000000 | | | | 0.20833333 | | | | 0.20833333 | | |
347221 | | WGU330722 | | SM 142 A11 ST00BP00 D02 | | LA | | OFFSHORE | | 0.25000000 | | | | 0.20833330 | | | | 0.20833330 | | |
347381 | | WGU279935 | | VR 313 D4 ST00BP01 S02 (#14) | | LA | | OFFSHORE | | 0.50000000 | | | | 0.40104166 | | | | 0.40104166 | | |
347612 | | WGU347611 | | MP 270 A3 | | LA | | OFFSHORE | | 0.75000000 | | | | 0.62500000 | | | | 0.62500000 | | |
347821 | | WEGU55398 | | VR 268 J2 ST00BP00 S03 | | LA | | OFFSHORE | | 0.33330000 | | | | 0.27777778 | | | | 0.27777778 | | |
347822 | | GU04850 | | VR 255 H2 ST00BP00 D07 | | LA | | OFFSHORE | | 0.25000000 | | | | 0.20833333 | | | | 0.20833333 | | |
348048 | | WGU348047 | | WC 72 #2 ST00BP00 | | LA | | OFFSHORE | | 0.75000000 | | | | 0.61000000 | | | | 0.61000000 | | |
348182 | | WGU348181 | | ST 185 C1 | | LA | | OFFSHORE | | | | | | 0.04118420 | | | | 0.04118420 | | |
348184 | | WGU348183 | | ST 185 C2 ST00BP01 | | LA | | OFFSHORE | | | | | | 0.04118420 | | | | 0.04118420 | | |
349 | | WE0889 | | SS 247 #D09S03 (248) | | LA | | OFFSHORE | | 0.28833340 | | | | 0.20833333 | | | | 0.20833333 | | |
353299 | | WEGU49347 | | VR 267 I1 S03 | | LA | | OFFSHORE | | 0.16667000 | | | | 0.13889166 | | | | 0.13889166 | | |
353964 | | WGU353963 | | MP 280 SS6 ST00BP00 | | LA | | OFFSHORE | | 0.83536590 | | 0.68500000 | | 0.69613825 | | 0.57083333 | | 0.69613825 | | 0.57083333 |
355710 | | WGU355709 | | MP 223 A10 | | LA | | OFFSHORE | | 0.00000000 | | 0.50000000 | | 0.00000000 | | 0.36666600 | | 0.00000000 | | 0.36666600 |
355914 | | WGU355913 | | ST 72 G22 ST00BP01 | | LA | | OFFSHORE | | 0.25000000 | | | | 0.20000000 | | | | 0.20000000 | | |
356786 | | WGU356785 | | VR 256 E10 ST00BP00 | | LA | | OFFSHORE | | 0.25000000 | | | | 0.20833333 | | | | 0.20833333 | | |
358868 | | WGU358867 | | WC 202 #1 ST00BP00 | | LA | | OFFSHORE | | 0.50000000 | | | | 0.41666666 | | | | 0.41666666 | | |
359109 | | WEGU51312 | | EC 332 A17 S02 | | LA | | OFFSHORE | | | | | | 0.02150000 | | | | 0.02150000 | | |
360 | | WE0957 | | SS 248 #D15S01 | | LA | | OFFSHORE | | 0.30777170 | | | | 0.25587270 | | | | 0.25587270 | | |
360437 | | WGU360436 | | WC 202 #1 ST01BP00 | | LA | | OFFSHORE | | 0.50000000 | | | | 0.41666666 | | | | 0.41666666 | | |
360554 | | WEGU59986 | | VR 268 C9 ST01BP00 S03 | | LA | | OFFSHORE | | 0.16666667 | | | | 0.13888889 | | | | 0.13888889 | | |
361013 | | WGU361012 | | WC 130 #3 ST00BP01 | | LA | | OFFSHORE | | 0.50000000 | | | | 0.35791500 | | | | 0.35791500 | | |
361654 | | WE0871 | | SS 246 A19 ST00BP01 D09 | | LA | | OFFSHORE | | 0.76764389 | | | | 0.63970325 | | | | 0.63970325 | | |
361895 | | WGU353579 | | WC 77 #2 ST01BP00 | | LA | | OFFSHORE | | 0.22400000 | | | | 0.18666700 | | | | 0.18666700 | | |
362 | | WE0965 | | SS 248 #D16S01 | | LA | | OFFSHORE | | 0.30777170 | | | | 0.25587270 | | | | 0.25587270 | | |
364 | | WE0961 | | SS 249 #D17S01 (248) | | LA | | OFFSHORE | | 0.50657571 | | | | 0.41325253 | | | | 0.41325253 | | |
364275 | | WEGU57100 | | EC 332 A16 ST01BP00 S03 | | LA | | OFFSHORE | | | | | | 0.02150000 | | | | 0.02150000 | | |
Exhibit A-2, Part 1-7
ATTACHEDTOANDMADEPARTOFTHATCERTAIN OFFSHORE PACKAGE PURCHASE AGREEMENTBYANDBETWEEN
DOMINION EXPLORATION & PRODUCTION, INC.AND ENI PETROLEUM CO. INC.
EXHIBIT A-2
WELLS AND UNITS
| | | | | | | | | | | | | | | | | | | | |
USER KEY | | FILE NUMBER | | WELL NAME | | STATE | | COUNTY | | WORKING INTEREST | | WORKING INTEREST AFTER PAYOUT | | OIL NET REVENUE INTEREST | | OIL NET REVENUE INTEREST AFTER PAYOUT | | GAS NET REVENUE INTEREST | | GAS NET REVENUE INTEREST AFTER PAYOUT |
364396 | | WGU364395 | | MP 264 A4 ST00BP00 S01 | | LA | | OFFSHORE | | 0.00000000 | | 0.08300000 | | 0.03333330 | | 0.06916667 | | 0.03333330 | | 0.06916667 |
364475 | | WGU364474 | | WC 100 A3 ST02BP00 | | LA | | OFFSHORE | | 1.00000000 | | | | 0.83333333 | | | | 0.83333333 | | |
364555 | | WGU364554 | | WC 72 #3 ST00BP01 S01 | | LA | | OFFSHORE | | 0.75000000 | | | | 0.62500000 | | | | 0.62500000 | | |
364557 | | WGU364556 | | WC 153 #2 ST03BP02 | | LA | | OFFSHORE | | | | | | 0.83333333 | | | | 0.83333333 | | |
364654 | | WEGU59677 | | WC 100 A1 ST00BP00 S02 | | LA | | OFFSHORE | | 1.00000000 | | | | 0.83333333 | | | | 0.83333333 | | |
365455 | | WGU365454 | | MP 264 A5 ST00BP00 S01 | | LA | | OFFSHORE | | 0.00000000 | | 0.08300000 | | 0.03333330 | | 0.06916667 | | 0.03333330 | | 0.06916667 |
365663 | | WGU365662 | | WC 132 #1 ST00BP00 | | LA | | OFFSHORE | | 0.75000000 | | | | 0.62500000 | | | | 0.62500000 | | |
366 | | WE0967 | | SS 248 #D18S01 | | LA | | OFFSHORE | | 0.30777170 | | | | 0.25587270 | | | | 0.25587270 | | |
366657 | | WGU366656 | | MP 178 A1 ST01BP00 S01 | | LA | | OFFSHORE | | | | | | 0.03333333 | | | | 0.03333333 | | |
367132 | | WE0988 | | SS 248 D20 S08 | | LA | | OFFSHORE | | 0.30777170 | | | | 0.25587270 | | | | 0.25587270 | | |
370191 | | WGU370190 | | AT 140 #1 ST01BP00 | | LA | | OFFSHORE | | 0.31500000 | | | | 0.26145000 | | | | 0.26145000 | | |
370193 | | WGU370192 | | SS 138 #1 ST00BP01 | | LA | | OFFSHORE | | 1.00000000 | | | | 0.83333333 | | | | 0.83333333 | | |
371171 | | WGU371170 | | GC 679 A1 ST03BP00 | | LA | | OFFSHORE | | | | | | 0.01687500 | | | | 0.01687500 | | |
371191 | | WGU371190 | | GC 679 A2 ST01BP00 | | LA | | OFFSHORE | | | | | | 0.01687500 | | | | 0.01687500 | | |
371193 | | WGU371192 | | GC 679 A3 ST00BP00 | | LA | | OFFSHORE | | | | | | 0.01687500 | | | | 0.01687500 | | |
371431 | | WGU371430 | | WC 130 #4 ST00BP01 | | LA | | OFFSHORE | | 0.50000000 | | | | 0.35791500 | | | | 0.35791500 | | |
372171 | | WGU372170 | | AT 140 #1 ST02BP00 | | LA | | OFFSHORE | | 0.31500000 | | | | 0.26145000 | | | | 0.26145000 | | |
373310 | | WGU280569 | | VR 313 D2 ST01BP00 S04 (#12) | | LA | | OFFSHORE | | 0.50000000 | | | | 0.40104166 | | | | 0.40104166 | | |
378130 | | WEGU19621 | | EC 331 A1 ST00BP00 S02 | | LA | | OFFSHORE | | | | | | 0.02150000 | | | | 0.02150000 | | |
379410 | | WGU279855 | | VR 313 D3 ST00BP00 S02 (#13) | | LA | | OFFSHORE | | 0.50000000 | | | | 0.40104166 | | | | 0.40104166 | | |
423 | | WE0641 | | SS 246 #A02S02 | | LA | | OFFSHORE | | 0.76764389 | | | | 0.63970325 | | | | 0.63970325 | | |
426 | | WE0656 | | SS 246 #A03S02 | | LA | | OFFSHORE | | 0.80572030 | | | | 0.67600232 | | | | 0.67600232 | | |
448 | | WE0669 | | SS 246 #A05S01 | | LA | | OFFSHORE | | 0.76764389 | | | | 0.63970325 | | | | 0.63970325 | | |
46042 | | WEGU46041 | | WC 76 B4 (WC76 UNIT) | | LA | | OFFSHORE | | 0.40000000 | | | | 0.33333330 | | | | 0.33333330 | | |
46050 | | WE0695 | | SS 246 #A07S06 | | LA | | OFFSHORE | | 0.76764389 | | | | 0.63970325 | | | | 0.63970325 | | |
46309 | | WEGU27337 | | SM 142 C2 ST01BP00 D02 | | LA | | OFFSHORE | | 0.25000000 | | | | 0.20833330 | | | | 0.20833330 | | |
476 | | WE0710 | | SS 246 #A08S07 | | LA | | OFFSHORE | | 0.80691980 | | | | 0.66699791 | | | | 0.66699791 | | |
47810 | | WEGU27339 | | SM 142 C03D02 | | LA | | OFFSHORE | | 0.25000000 | | | | 0.20833330 | | | | 0.20833330 | | |
47812 | | GU04850 | | VR 255 H2D ST00BP00 D06 | | LA | | OFFSHORE | | 0.25000000 | | | | 0.20833333 | | | | 0.20833333 | | |
47896 | | WEGU47895 | | VR 255 H04S01 | | LA | | OFFSHORE | | 0.25000000 | | | | 0.20833333 | | | | 0.20833333 | | |
47978 | | WEGU29831 | | VR 255 #A6 D02 | | LA | | OFFSHORE | | 0.25000000 | | | | 0.20833330 | | | | 0.20833330 | | |
48031 | | GU04751 | | VR 255 H01D04 | | LA | | OFFSHORE | | 0.25000000 | | | | 0.20833333 | | | | 0.20833333 | | |
48032 | | GU04751 | | VR 255 H01D05 | | LA | | OFFSHORE | | 0.25000000 | | | | 0.20833333 | | | | 0.20833333 | | |
481 | | WE0726 | | SS 246 #A10D01 | | LA | | OFFSHORE | | 0.80691980 | | | | 0.66699791 | | | | 0.66699791 | | |
482 | | WE0726 | | SS 246 #A10D02 | | LA | | OFFSHORE | | 0.80691980 | | | | 0.66699791 | | | | 0.66699791 | | |
484 | | WE0743 | | SS 246 #A11S01 | | LA | | OFFSHORE | | 0.76764389 | | | | 0.63970325 | | | | 0.63970325 | | |
48737 | | WEGU48736 | | WC 77 B5 ST01BP00 S01 (UNIT) | | LA | | OFFSHORE | | 0.40000000 | | | | 0.33333330 | | | | 0.33333330 | | |
49027 | | WEGU27132 | | MP 281 A4ST00 S02 | | LA | | OFFSHORE | | 0.68500000 | | | | 0.57083333 | | | | 0.57083333 | | |
49032 | | WEGU49031 | | VR 256 #D03WB1 | | LA | | OFFSHORE | | 0.25000000 | | | | 0.20833333 | | | | 0.20833333 | | |
49049 | | WE0965 | | SS 248 #D16S02 | | LA | | OFFSHORE | | 0.30777170 | | | | 0.25587270 | | | | 0.25587270 | | |
49082 | | WE0669 | | SS 246 #A05S03 | | LA | | OFFSHORE | | 0.76764389 | | | | 0.63970325 | | | | 0.63970325 | | |
Exhibit A-2, Part 1-8
ATTACHEDTOANDMADEPARTOFTHATCERTAIN OFFSHORE PACKAGE PURCHASE AGREEMENTBYANDBETWEEN
DOMINION EXPLORATION & PRODUCTION, INC.AND ENI PETROLEUM CO. INC.
EXHIBIT A-2
WELLS AND UNITS
| | | | | | | | | | | | | | | | | | | | |
USER KEY | | FILE NUMBER | | WELL NAME | | STATE | | COUNTY | | WORKING INTEREST | | WORKING INTEREST AFTER PAYOUT | | OIL NET REVENUE INTEREST | | OIL NET REVENUE INTEREST AFTER PAYOUT | | GAS NET REVENUE INTEREST | | GAS NET REVENUE INTEREST AFTER PAYOUT |
49097 | | WE0832 | | SS 246 #A14S08 | | LA | | OFFSHORE | | 0.76764380 | | | | 0.63970325 | | | | 0.63970325 | | |
49273 | | WEGU49272 | | SM 17 B1 ST00BP00 S01 | | LA | | OFFSHORE | | | | | | 0.02083330 | | | | 0.02083330 | | |
494 | | WE0753 | | SS 246 #A12S07 | | LA | | OFFSHORE | | 0.80691980 | | | | 0.66699791 | | | | 0.66699791 | | |
49819 | | WEGU49818 | | EI 39 A1 ST00BP00 S01 | | LA | | OFFSHORE | | 0.50000000 | | | | 0.40416667 | | | | 0.40416667 | | |
507 | | WE0799 | | SS 246 #A15S04 | | LA | | OFFSHORE | | 0.76764380 | | | | 0.63970325 | | | | 0.63970325 | | |
512 | | WE0774 | | SS 246 #A16S04 | | LA | | OFFSHORE | | 0.80691980 | | | | 0.66699791 | | | | 0.66699791 | | |
52092 | | WE0973 | | SS 249 #D19S05 (248) | | LA | | OFFSHORE | | 0.52294730 | | | | 0.42720613 | | | | 0.42720613 | | |
522 | | WE0858 | | SS 246 #A20S01 | | LA | | OFFSHORE | | 0.80691980 | | | | 0.66699791 | | | | 0.66699791 | | |
53314 | | WEGU53313 | | MP 264 A1 ST02BP00 | | LA | | OFFSHORE | | 0.00000000 | | 0.08300000 | | 0.03333330 | | 0.06916667 | | 0.03333330 | | 0.06916667 |
53316 | | WEGU53315 | | MP 264 A2 S01 | | LA | | OFFSHORE | | 0.00000000 | | 0.08300000 | | 0.03333330 | | 0.06916667 | | 0.03333330 | | 0.06916667 |
53672 | | WEGU23593 | | MP 281 A01S03 (#2) | | LA | | OFFSHORE | | 0.68500000 | | | | 0.57083333 | | | | 0.57083333 | | |
54213 | | WEGU54212 | | WC 225 #6 | | LA | | OFFSHORE | | 0.73332500 | | | | 0.60086666 | | | | 0.60086666 | | |
54873 | | WEGU54872 | | SS 247 #F2WB02 | | LA | | OFFSHORE | | 0.25000000 | | | | 0.20833333 | | | | 0.20833333 | | |
55178 | | WEGU18816 | | SS 248 G3D01 | | LA | | OFFSHORE | | 0.30777170 | | | | 0.25587270 | | | | 0.25587270 | | |
55179 | | WEGU18816 | | SS 248 G3D02 | | LA | | OFFSHORE | | 0.30777170 | | | | 0.25587270 | | | | 0.25587270 | | |
56307 | | WEGU56306 | | SS 247 #D12WB03S01 | | LA | | OFFSHORE | | 0.30847950 | �� | 0.25000000 | | 0.24792883 | | 0.20833333 | | 0.24792883 | | 0.20833333 |
56895 | | WEGU56894 | | MP 20 #1 | | LA | | OFFSHORE | | | | | | 0.02500000 | | | | 0.02500000 | | |
569 | | WE0840 | | VR 313 #B03S04 | | LA | | OFFSHORE | | 1.00000000 | | | | 0.80208332 | | | | 0.80208332 | | |
57432 | | GU04985 | | VR 313 #C04S02 | | LA | | OFFSHORE | | 1.00000000 | | | | 0.80208332 | | | | 0.80208332 | | |
575 | | WE0929 | | VR 313 #B06S03 | | LA | | OFFSHORE | | 1.00000000 | | | | 0.80208332 | | | | 0.80208332 | | |
57716 | | WEGU57715 | | MP 281 A5ST00BP00 S01 | | LA | | OFFSHORE | | 0.68500000 | | | | 0.57083333 | | | | 0.57083333 | | |
57843 | | WEGU57842 | | MP 164 A1 (#1) | | LA | | OFFSHORE | | 0.00000000 | | 0.08333333 | | 0.03333333 | | 0.06944441 | | 0.03333333 | | 0.06944441 |
57929 | | WEGU22991 | | VR 78 A3 ST#1 S02 | | LA | | OFFSHORE | | 0.37500000 | | | | 0.31250000 | | | | 0.31250000 | | |
57930 | | WE1140 | | VR 78 #A02S03 | | LA | | OFFSHORE | | 0.37500000 | | | | 0.31250000 | | | | 0.31250000 | | |
58014 | | WEGU58013 | | MP 281 A6ST00BP00 S01 | | LA | | OFFSHORE | | 0.68500000 | | | | 0.57083333 | | | | 0.57083333 | | |
58026 | | WEGU58025 | | GI 116 A1 S01 | | LA | | OFFSHORE | | | | | | 0.00250000 | | | | 0.00250000 | | |
58853 | | WEGU58852 | | MP 264 A3 ST00BP01 S02 | | LA | | OFFSHORE | | 0.00000000 | | 0.08300000 | | 0.03333330 | | 0.06916667 | | 0.03333330 | | 0.06916667 |
58913 | | WEGU58912 | | GI 116 A3 ST00BP00 S01 | | LA | | OFFSHORE | | | | | | 0.00250000 | | | | 0.00250000 | | |
58915 | | WEGU58914 | | GI 116 A4 ST01BP00 S01 | | LA | | OFFSHORE | | | | | | 0.00250000 | | | | 0.00250000 | | |
58918 | | WEGU58917 | | GI 110 A2 | | LA | | OFFSHORE | | | | | | 0.00250000 | | | | 0.00250000 | | |
58924 | | WEGU58923 | | VR 267 J5 ST00BP00 S01 | | LA | | OFFSHORE | | 0.16667000 | | | | 0.13889166 | | | | 0.13889166 | | |
59092 | | WE0973 | | SS 249 #D019S06(248) | | LA | | OFFSHORE | | 0.52294730 | | | | 0.42720613 | | | | 0.42720613 | | |
59095 | | WE0985 | | VR 313 #B11S05 | | LA | | OFFSHORE | | 1.00000000 | | | | 0.80208332 | | | | 0.80208332 | | |
591 | | WE0974 | | VR 313 #B12D01 | | LA | | OFFSHORE | | 1.00000000 | | | | 0.80208332 | | | | 0.80208332 | | |
592 | | WE0974 | | VR 313 #B12D02 | | LA | | OFFSHORE | | 1.00000000 | | | | 0.80208332 | | | | 0.80208332 | | |
59293 | | WEGU59292 | | WC 77 A5 ST00BP00 (UNIT) | | LA | | OFFSHORE | | 0.40000000 | | | | 0.33333333 | | | | 0.33333333 | | |
59474 | | GU04751 | | VR 255 H01D06 | | LA | | OFFSHORE | | 0.25000000 | | | | 0.20833333 | | | | 0.20833333 | | |
59493 | | WEGU47895 | | VR 255 H04S04 | | LA | | OFFSHORE | | 0.25000000 | | | | 0.20833333 | | | | 0.20833333 | | |
59552 | | WEGU17762 | | SS 247 #F19S02 | | LA | | OFFSHORE | | 0.25000000 | | | | 0.20833333 | | | | 0.20833333 | | |
59553 | | WE0832 | | SS 246 A14S09 (SHALLOW) | | LA | | OFFSHORE | | 0.80691980 | | | | 0.66699791 | | | | 0.66699791 | | |
REQUESTED | | WE0833 | | SS 246 A14S09 (DEEP) | | LA | | OFFSHORE | | 0.76764380 | | | | 0.63970325 | | | | 0.63970325 | | |
Exhibit A-2, Part 1-9
ATTACHEDTOANDMADEPARTOFTHATCERTAIN OFFSHORE PACKAGE PURCHASE AGREEMENTBYANDBETWEEN
DOMINION EXPLORATION & PRODUCTION, INC.AND ENI PETROLEUM CO. INC.
EXHIBIT A-2
WELLS AND UNITS
| | | | | | | | | | | | | | | | | | | | |
USER KEY | | FILE NUMBER | | WELL NAME | | STATE | | COUNTY | | WORKING INTEREST | | WORKING INTEREST AFTER PAYOUT | | OIL NET REVENUE INTEREST | | OIL NET REVENUE INTEREST AFTER PAYOUT | | GAS NET REVENUE INTEREST | | GAS NET REVENUE INTEREST AFTER PAYOUT |
59623 | | WEGU59622 | | VR 256 H6ST00BP00 S01 | | LA | | OFFSHORE | | 0.25000000 | | | | 0.20833333 | | | | 0.20833333 | | |
59921 | | WEGU59920 | | SS 247 F18 ST01BP00 S01 | | LA | | OFFSHORE | | 0.45801527 | | | | 0.35963740 | | | | 0.35963740 | | |
59985 | | WEGU59984 | | EI 39 A2 ST00BP00 | | LA | | OFFSHORE | | 0.50000000 | | | | 0.40416667 | | | | 0.40416667 | | |
60288 | | WEGU21479 | | WC 130 A1 S02 | | LA | | OFFSHORE | | 1.00000000 | | | | 0.71583330 | | | | 0.71583330 | | |
60359 | | WEGU60358 | | VR 313 D1 ST00BP00 (#11) | | LA | | OFFSHORE | | 0.50000000 | | | | 0.80208332 | | | | 0.80208332 | | |
60489 | | WEGU60488 | | MP 270 A1 ST00BP00 | | LA | | OFFSHORE | | 0.75000000 | | | | 0.62500000 | | | | 0.62500000 | | |
60497 | | WEGU60496 | | MP 223 A11 ST02BP00 | | LA | | OFFSHORE | | 0.50000000 | | | | 0.36666600 | | | | 0.36666600 | | |
6476 | | WE0510 | | VR 267 #C01S03 | | LA | | OFFSHORE | | 0.25000000 | | | | 0.20833333 | | | | 0.20833333 | | |
6519 | | WE2667 | | WC 76 #A01S01 (WC76 UNIT) | | LA | | OFFSHORE | | 0.40000000 | | | | 0.33333333 | | | | 0.33333333 | | |
6521 | | GU04607 | | WC 60 #A02S01 (WC76)UNIT | | LA | | OFFSHORE | | 0.40000000 | | | | 0.33333333 | | | | 0.33333333 | | |
L348061001S1 | | L348061001 | | ST 185 A2 ST01BP00 | | LA | | OFFSHORE | | 0.03084830 | | 0.02897730 | | 0.06415420 | | 0.06262853 | | 0.06415420 | | 0.06262853 |
L348403001S1 | | L348403001 | | ST 185 A8 ST00BP00 | | LA | | OFFSHORE | | 0.03155040 | | 0.02897730 | | 0.06473850 | | 0.00534880 | | 0.06473850 | | 0.00534880 |
L357131000S1 | | L357131000 | | ST 185 A6 ST01BP00 | | LA | | OFFSHORE | | 0.02897730 | | | | 0.06262853 | | | | 0.06262853 | | |
L891638001S1 | | L891638001 | | ST 185 B1 | | LA | | OFFSHORE | | 0.03848673 | | | | 0.02959194 | | | | 0.02959194 | | |
L891638002S1 | | L891638002 | | ST 185 B1D | | LA | | OFFSHORE | | 0.03848673 | | | | 0.02959194 | | | | 0.02959194 | | |
L891638003S1 | | L891638003 | | ST 185 B2 | | LA | | OFFSHORE | | 0.03848673 | | | | 0.02959194 | | | | 0.02959194 | | |
L891638004S1 | | L891638004 | | ST 185 B3 | | LA | | OFFSHORE | | 0.03848673 | | | | 0.02959194 | | | | 0.02959194 | | |
L891638005S1 | | L891638005 | | ST 185 B5 | | LA | | OFFSHORE | | 0.03848673 | | | | 0.02959194 | | | | 0.02959194 | | |
L891638006S1 | | L891638006 | | ST 185 B6 | | LA | | OFFSHORE | | 0.03848673 | | | | 0.02959194 | | | | 0.02959194 | | |
L891638007S1 | | L891638007 | | ST 185 B7 | | LA | | OFFSHORE | | 0.03848673 | | | | 0.02959194 | | | | 0.02959194 | | |
L891640001S1 | | L891640001 | | ST 185 A1 D01 | | LA | | OFFSHORE | | 0.02897280 | | | | 0.02227970 | | | | 0.02227970 | | |
L891640004S1 | | L891640004 | | ST 185 A4 S01 | | LA | | OFFSHORE | | 0.02897280 | | | | 0.02227970 | | | | 0.02227970 | | |
343374 | | WGU343373 | | DC621 SS1 ST01BP00 | | LA | | OFFSHORE | | 0.36666670 | | | | 0.32083336 | | | | 0.32083336 | | |
347027 | | WGU347026 | | DC 618 #1 | | LA | | OFFSHORE | | 0.53333333 | | | | 0.46666667 | | | | 0.46666667 | | |
349920 | | WGU349919 | | MC 734 #1 ST01BP00 | | LA | | OFFSHORE | | 0.25000000 | | | | 0.21875000 | | | | 0.21875000 | | |
350520 | | WGU350519 | | GC 338 #9 ST00BP00 | | LA | | OFFSHORE | | 0.37500000 | | | | 0.32812500 | | | | 0.32812500 | | |
352725 | | WGU352724 | | DC 618 #2 ST00BP00 | | LA | | OFFSHORE | | 0.53333330 | | | | 0.46666667 | | | | 0.46666667 | | |
354960 | | WGU354959 | | GC 385 #1 ST00BP01 | | LA | | OFFSHORE | | 0.58000000 | | | | 0.50750000 | | | | 0.50750000 | | |
279963 | | WGU279962 | | MC 772 A7 ST00BP00 (#3) | | LA | | OFFSHORE | | 0.75000000 | | 0.75000000 | | 0.75000000 | | 0.65625000 | | 0.75000000 | | 0.65625000 |
280030 | | WGU280029 | | GC 382 A5 ST00BP01 (#1) | | LA | | OFFSHORE | | 0.37500000 | | 0.37500000 | | 0.37500000 | | 0.32812500 | | 0.37500000 | | 0.32812500 |
280529 | | WGU280528 | | MC 772 SS4 ST00BP00 S01 | | LA | | OFFSHORE | | 0.75000000 | | 0.75000000 | | 0.75000000 | | 0.65625000 | | 0.75000000 | | 0.65625000 |
280846 | | WGU280845 | | VK 872 #1 ST01BP00 S01 | | LA | | OFFSHORE | | 0.50000000 | | 0.50000000 | | 0.50000000 | | 0.43750000 | | 0.50000000 | | 0.43750000 |
332949 | | WGU332948 | | MC 296 SS001 ST00BP01 | | LA | | OFFSHORE | | 0.52500000 | | 0.52500000 | | 0.52500000 | | 0.45937500 | | 0.52500000 | | 0.45937500 |
348451 | | WGU348450 | | MC 771 SS5 ST02BP00 | | LA | | OFFSHORE | | 0.75000000 | | 0.75000000 | | 0.75000000 | | 0.65625000 | | 0.75000000 | | 0.65625000 |
352141 | | WGU352140 | | MC 299 SS1 ST02BP00 S01 | | LA | | OFFSHORE | | 0.37500000 | | 0.37500000 | | 0.37500000 | | 0.32812500 | | 0.37500000 | | 0.32812500 |
352723 | | WGU352722 | | MC 728 SS1 ST01BP00 S01 | | LA | | OFFSHORE | | 0.75000000 | | 0.75000000 | | 0.75000000 | | 0.65625000 | | 0.75000000 | | 0.65625000 |
358770 | | WGU358769 | | DC 621 #2 ST00BP00 | | LA | | OFFSHORE | | 0.36666667 | | 0.36666667 | | 0.36666667 | | 0.32083336 | | 0.36666667 | | 0.32083336 |
360274 | | WGU360273 | | MC 961 #1 ST01BP00 | | LA | | OFFSHORE | | 0.50000000 | | 0.50000000 | | 0.50000000 | | 0.43750000 | | 0.50000000 | | 0.43750000 |
364557 | | WGU364556 | | WC 153 #2 ST03BP02 | | LA | | OFFSHORE | | 1.00000000 | | 1.00000000 | | 0.83000000 | | 0.83333333 | | 1.00000000 | | 0.83333333 |
366496 | | WEGU57772 | | MC 773 A3 ST00BP00 S02(#4) | | LA | | OFFSHORE | | 0.75000000 | | 0.75000000 | | 0.72464804 | | 0.72464807 | | 0.72464804 | | 0.72464807 |
366497 | | WEGU53692 | | MC 773 A2 ST00BP00 (#2)S02 | | LA | | OFFSHORE | | 0.75000000 | | 0.75000000 | | 0.72464804 | | 0.72464807 | | 0.72464804 | | 0.72464807 |
Exhibit A-2, Part 1-10
ATTACHEDTOANDMADEPARTOFTHATCERTAIN OFFSHORE PACKAGE PURCHASE AGREEMENTBYANDBETWEEN
DOMINION EXPLORATION & PRODUCTION, INC.AND ENI PETROLEUM CO. INC.
EXHIBIT A-2
WELLS AND UNITS
| | | | | | | | | | | | | | | | | | | | |
USER KEY | | FILE NUMBER | | WELL NAME | | STATE | | COUNTY | | WORKING INTEREST | | WORKING INTEREST AFTER PAYOUT | | OIL NET REVENUE INTEREST | | OIL NET REVENUE INTEREST AFTER PAYOUT | | GAS NET REVENUE INTEREST | | GAS NET REVENUE INTEREST AFTER PAYOUT |
369070 | | WEGU60155 | | MC 773 A6 ST00BP01 (#7)S02 | | LA | | OFFSHORE | | 0.75000000 | | 0.75000000 | | 0.72464804 | | 0.72464807 | | 0.72464807 | | 0.72464807 |
369192 | | WEGU59062 | | MC 773 A5 ST01BP00 (#5)S02 | | LA | | OFFSHORE | | 0.75000000 | | 0.75000000 | | 0.72464804 | | 0.72464807 | | 0.72464807 | | 0.72464807 |
370193 | | WGU370192 | | SS 138 #1 ST00BP01 | | LA | | OFFSHORE | | 1.00000000 | | 1.00000000 | | 0.83333333 | | 0.83333333 | | 1.00000000 | | 0.83333333 |
373331 | | WGU373330 | | GC 338 A6 ST01BP00 S01 | | LA | | OFFSHORE | | 0.37500000 | | 0.37500000 | | 0.37500000 | | 0.32812500 | | 0.37500000 | | 0.32812500 |
375296 | | WGU279052 | | MC 773 A4 ST00BP00 S03 (#9) | | LA | | OFFSHORE | | 0.75000000 | | 0.75000000 | | 0.74454476 | | 0.72464807 | | 0.74454476 | | 0.72464807 |
54974 | | WEGU54973 | | MC 773 #3 ST01BP00 | | LA | | OFFSHORE | | 0.75000000 | | 0.75000000 | | 0.74454476 | | 0.72464807 | | 0.74454476 | | 0.72464807 |
59991 | | WEGU59990 | | GC 338 A2 ST02BP00 S01 (#2) | | LA | | OFFSHORE | | 0.37500000 | | 0.37500000 | | 0.37500000 | | 0.32812500 | | 0.37500000 | | 0.32812500 |
60154 | | WEGU60153 | | MC 773 A1 ST00BP00 S01 (#6) | | LA | | OFFSHORE | | 0.75000000 | | 0.75000000 | | 0.74454476 | | 0.72464807 | | 0.74454476 | | 0.72464807 |
60275 | | WEGU60274 | | MC 772 A8 ST00BP00 (#2) | | LA | | OFFSHORE | | 0.75000000 | | 0.75000000 | | 0.75000000 | | 0.65625000 | | 0.75000000 | | 0.65625000 |
1326 | | WE0860 | | HI 350 #A13S01 | | TX | | OFFSHORE | | 0.43750000 | | | | 0.36458330 | | | | 0.36458330 | | |
1372 | | WE0882 | | HI 350 #A19S01 | | TX | | OFFSHORE | | 0.43750000 | | | | 0.36458330 | | | | 0.36458330 | | |
1378 | | WE0801 | | HI 350 #A05S01 T&A | | TX | | OFFSHORE | | 0.43750000 | | | | 0.36458330 | | | | 0.36458330 | | |
1412 | | WE0782 | | HI 350 #A01S01 | | TX | | OFFSHORE | | 0.43750000 | | | | 0.36458330 | | | | 0.36458330 | | |
1460 | | WE0873 | | HI 350 #A20S01 | | TX | | OFFSHORE | | 0.43750000 | | | | 0.36458330 | | | | 0.36458330 | | |
16876 | | WE0783 | | HI 350 #A02S03 | | TX | | OFFSHORE | | 0.43750000 | | | | 0.36458330 | | | | 0.36458330 | | |
17378 | | WE0838 | | HI 350 #A09S02 WC633 | | TX | | OFFSHORE | | 0.43750000 | | | | 0.36458330 | | | | 0.36458330 | | |
17425 | | WE0880 | | HI 350 #A18 ST00BP00 S02 | | TX | | OFFSHORE | | 0.43750000 | | | | 0.36458330 | | | | 0.36458330 | | |
17426 | | WE0791 | | HI 350 A3 ST00BP00 S02 | | TX | | OFFSHORE | | 0.43750000 | | | | 0.36458330 | | | | 0.36458330 | | |
17428 | | RN0014 | | HI A-574 #E2 | | TX | | OFFSHORE | | | | | | 0.04715000 | | | | 0.04715000 | | |
2026 | | WE0849 | | HI 350 #A12S03 | | TX | | OFFSHORE | | 0.43750000 | | | | 0.36458330 | | | | 0.36458330 | | |
24152 | | WE0845 | | HI 350 #A11 ST00BP00 S02 | | TX | | OFFSHORE | | 0.43750000 | | | | 0.36458330 | | | | 0.36458330 | | |
281220 | | WGU281219 | | HI 350 A6 ST01BP00 | | TX | | OFFSHORE | | 0.43750000 | | | | 0.36458330 | | | | 0.36458330 | | |
349443 | | WGU349442 | | HI 350 A21 ST00BP00 S01 | | TX | | OFFSHORE | | 0.43750000 | | | | 0.36458330 | | | | 0.36458330 | | |
350922 | | WGU350921 | | HI 350 A22 ST00BP01 | | TX | | OFFSHORE | | 0.43750000 | | | | 0.36458330 | | | | 0.36458330 | | |
352340 | | WGU352339 | | HI 350 A23 | | TX | | OFFSHORE | | 0.00000000 | | 0.43750000 | | 0.00000000 | | 0.36458333 | | 0.00000000 | | 0.36458333 |
354146 | | WGU354145 | | HI A-1 #1 ST00BP00 S01 | | TX | | OFFSHORE | | 0.75000000 | | | | 0.62500000 | | | | 0.62500000 | | |
354148 | | WGU354147 | | HI 350 A24 | | TX | | OFFSHORE | | 0.00000000 | | 0.43750000 | | 0.00000000 | | 0.36458333 | | 0.00000000 | | 0.36458333 |
6240 | | WE0855 | | WC 633 A7 S01 | | TX | | OFFSHORE | | 0.43750000 | | | | 0.36458330 | | | | 0.36458330 | | |
12882 | | RT5565 | | STATE TRACT 157 #1 | | TX | | CALHOUN | | | | | | 0.01000000 | | | | 0.01000000 | | |
49537 | | WETX49536 | | ST 150 #1 MATAGORDA BAY (AQUAMARINE) | | TX | | CALHOUN | | | | | | 0.04000000 | | 0.04750000 | | 0.04000000 | | 0.04750000 |
54865 | | WETX54864 | | ST 154 #2 MATAGORDA BAY (AQUAMARINE) | | TX | | CALHOUN | | 0.50000000 | | | | 0.37500000 | | | | 0.37500000 | | |
58031 | | WEGU58030 | | MU 861 STATE UNIT #1 | | TX | | KLEBERG | | 0.33330000 | | 0.33330000 | | 0.26873250 | | 0.26040000 | | 0.26873250 | | 0.26040000 |
59578 | | WEGU59577 | | MU 861 STATE UNIT #2 | | TX | | KLEBERG | | 0.00000000 | | 0.33330000 | | 0.01042500 | | 0.24997500 | | 0.01042500 | | 0.24997500 |
60258 | | WEGU60257 | | MU 862 STATE UNIT #3 | | TX | | KLEBERG | | 0.33330000 | | 0.33330000 | | 0.26873250 | | 0.26040000 | | 0.26873250 | | 0.26040000 |
12866 | | RT5557 | | STATE TRACT 158 #1-A | | TX | | MATAGORDA | | | | | | 0.01000000 | | | | 0.01000000 | | |
12880 | | RT5564 | | STATE TRACT 178 #1-A | | TX | | MATAGORDA | | | | | | 0.01500000 | | | | 0.01500000 | | |
56653 | | WEGU56652 | | STATE TRACT 774-L SW/4 #2 (MUSTANG ISLND | | TX | | NUECES | | | | | | 0.02500000 | | | | 0.02500000 | | |
Exhibit A-2, Part 1-11
ATTACHEDTOANDMADEPARTOFTHATCERTAIN OFFSHORE PACKAGE PURCHASE AGREEMENTBYANDBETWEEN
DOMINION EXPLORATION & PRODUCTION, INC.AND ENI PETROLEUM CO. INC.
EXHIBIT A-2, PART 2
LEASES COVERING PUDs
NOTE: The working interest and net revenue interest identified for each lease below correspond to Seller’s interest in the PUDs contained in such lease, and do not necessarily correspond to Seller’s interest in the entirety of such lease.
| | | | | | | | |
Basin | | Field | | Leases | | DEPI PUD Working Interest (%) | | DEPI PUD Net Revenue Interest (%) |
Deepwater | | Atwater Valley 96/140/141 (Claymore) | | Atwater Valley 140 | | 31.50 | | 27.56 |
| | | | |
Deepwater | | Desoto Canyon 618 (San Jacinto) | | Desoto Canyon 618 | | 53.33 | | 46.67 |
| | | | |
Deepwater | | Desoto Canyon 620/621 (Spiderman) | | Desoto Canyon 620/621 | | 36.67 | | 32.08 |
| | | | |
Deepwater | | Green Canyon 116 (Popeye) | | Green Canyon 117 | | 50.00 | | 40.00 |
| | | | |
Deepwater | | Green Canyon 338 (Front Runner) | | Green Canyon 338 & 382 | | 37.50 | | 32.81 |
| | | | |
Deepwater | | Green Canyon 679 (Constitution) | | Green Canyon 679 | | 0.00 | | 2.81 |
| | | | |
Deepwater | | Mississippi Canyon 771 (Goldfinger) | | Mississippi Canyon 771 | | 75.00 | | 65.63 |
| | | | |
Deepwater | | Mississippi Canyon 961 (Q) | | Mississippi Canyon 961 | | 50.00 | | 43.75 |
| | | | |
Shelf | | Eugene Island 39 | | Eugene Island 39 | | 50.00 | | 40.42 |
| | | | |
Shelf | | Main Pass 281 A | | Main Pass 281 | | 68.50 | | 57.08 |
| | | | |
Shelf | | Vermilion 268 G | | Vermilion 268 | | 33.33 | | 27.78 |
Exhibit A-2, Part 2-1
ATTACHEDTOANDMADEPARTOFTHATCERTAIN OFFSHORE PACKAGE PURCHASE AGREEMENTBYANDBETWEEN
DOMINION EXPLORATION & PRODUCTION, INC.AND ENI PETROLEUM CO. INC.
EXHIBIT A-3
MIDSTREAM ASSETS
Major Facilities
| | | | | | | | |
| | Type | | Operator | | Dominion Entity | | WI% (rounded to two decimal places) |
Blue Water | | Gas Processing Plant | | Crosstex | | DEPI | | 3.42% |
N. Terrebonne | | Gas Processing Plant | | Enterprise | | DEPI | | 5.83% |
Yscloskey | | Gas Processing Plant | | Targa | | DEPI | | 0.45% |
Grand Chenier* | | Separation Facilities | | Hilcorp | | DEPI | | 1.43% |
Cameron | | Separation Facilities | | Targa | | DEPI | | 0.85% |
* | Note: The Grand Chenier Separation Facility is in the process of being rebuilt due to damage from Hurricane Rita. |
Exhibit A-3-1
Pipelines- US (Offshore)
| | | | | | | | | | | | |
PIPE SIZE | | | | LOCATION | | OPERATOR | | PIPE FOOTAGE | | 5,200 Mileage | | Net Miles |
1” | | | | MC 728/772 Triton/Goldfinger Umbilicals, jumpers, UTA’s | | DEPI | | 45,000 | | 9 | | 6 |
4”(2) | | | | Main Pass 280 #6 to MP 281A (dual lines) inc pig loop, risers | | DEPI | | 21,000 | | 4 | | 3 |
4” | | | | Main Pass 280 C to MP 281A | | DEPI | | 10,612 | | 2 | | 2 |
4” | | | | Main Pass 280 C to MP 281A | | DEPI | | 10,612 | | 2 | | 2 |
4” | | | | MC 299 (17 Hands) Umb to Rigel (MC 292) and Gemini ( MC 252) | | DEPI | | 121,440 | | 23 | | 11 |
4” | | WNR | | Ship Shoal 225 K to SS246E | | DEPI | | 10,000 | | 2 | | 1 |
4” | | | | Ship Shoal 246 A to SS 248 D | | DEPI | | 4,000 | | 1 | | 0 |
4” | | WNR | | Ship Shoal 246 H to SS 246 A | | DEPI | | 8,000 | | 2 | | 1 |
4” | | WNR | | Ship Shoal 246 J to SS 246 A | | DEPI | | 9,750 | | 2 | | 1 |
4” | | WNR | | Ship Shoal 247 F to SS 248 D | | DEPI | | 9,674 | | 2 | | 0 |
4” | | WNR | | Ship Shoal 248 D to Shell | | DEPI | | 14,000 | | 3 | | 1 |
4” | | | | South Marsh Island 142 C to SMI 142 A | | Aviara | | 4,500 | | 1 | | 0 |
4” | | | | Vermilion 256 E | | Stone | | 6,000 | | 1 | | 0 |
4” | | | | Vermilion 267 I | | Stone | | 18,000 | | 3 | | 1 |
4” | | | | Vermilion 267 I | | Stone | | 18,000 | | 3 | | 1 |
4” | | | | West Cameron 153 #2 to WC 130 B | | DEPI | | 36,000 | | 7 | | 7 |
4” | | | | West Cameron 130 #2 | | DEPI | | 2,500 | | 0 | | 0 |
4” | | | | West Cameron 225 #6 | | DEPI | | 8,967 | | 2 | | 1 |
4” | | | | West Cameron 72 | | DEPI | | 7,000 | | 1 | | 1 |
6”(2) | | | | Green Canyon 116 (Popeye) | | Shell | | 264,000 | | 51 | | 19 |
6” | | | | High Island A1 to High Island 73 A | | DEPI | | 26000 | | 5 | | 4 |
6” | | | | MC 728 - MC 771 Triton/Goldfinger pigging line | | DEPI | | 12,000 | | 2 | | 2 |
Exhibit A-3-2
| | | | | | | | | | | | |
PIPE SIZE | | | | LOCATION | | OPERATOR | | PIPE FOOTAGE | | 5,200 Mileage | | Net Miles |
6” | | | | MC 728 (Triton) - MC 773 | | DEPI | | 23,300 | | 4 | | 3 |
6” | | | | MC 772 (Goldfinger) to MC 773 | | DEPI | | 22,400 | | 4 | | 3 |
6” | | | | MP 270A to MP 133C | | DEPI | | 36,000 | | 7 | | 5 |
6” | | WNR | | Ship Shoal 248 G to SS248 D | | DEPI | | 9,000 | | 2 | | 1 |
6” | | | | South Marsh Island 142 A | | Aviara | | 3,078 | | 1 | | 0 |
6” | | | | South Marsh Island 142 C to SMI 142 A | | Aviara | | 4,500 | | 1 | | 0 |
6” | | | | South Timbalier 72 #21 to ST 72 B Platform | | Forest | | 2,500 | | 0 | | 0 |
6” | | WNR | | Vermilion 255 B | | Stone | | 4,696 | | 1 | | 0 |
6” | | | | Vermilion 268 G | | Stone | | 14,000 | | 3 | | 1 |
6” | | | | Vermilion 313 A @ V 313 A to Shell (oil) | | DEPI | | 1,796 | | 0 | | 0 |
6” | | | | Vermilion 313 B P/L to Shell Equilion 6” P/L | | DEPI | | 2,600 | | 1 | | 1 |
6” | | | | Vermilion 313 C to V 313 B | | DEPI | | 14,000 | | 3 | | 3 |
6” | | | | Vermilion 313 D to V 313 B | | DEPI | | 7,000 | | 1 | | 1 |
6” | | WNR | | Vermilion 78 A | | Anadarko | | 4,095 | | 1 | | 0 |
6”(2) | | | | Viosca Knoll 872 (Einset) | | Shell | | 63,360 | | 12 | | 6 |
6” | | | | West Cameron 130 A | | DEPI | | 22,000 | | 4 | | 4 |
6” | | | | West Cameron 225 C | | DEPI | | 3,000 | | 1 | | 0 |
6” | | | | West Cameron 72 (#2) | | DEPI | | 15,000 | | 3 | | 2 |
6” | | | | West Cameron 77 to Stingray | | BHP | | 5,280 | | 1 | | 0 |
8” | | | | MC 299 (17 Hands ) to MC 296 (Rigel) | | DEPI | | 121,440 | | 23 | | 11 |
8” | | | | West Cameron 100 A P/L #2 | | DEPI | | 33,000 | | 6 | | 6 |
8” | | | | West Cameron 100 A to El Paso | | DEPI | | 33,000 | | 6 | | 6 |
8” | | | | West Cameron 112 to WC 110 | | Forest | | 28,000 | | 5 | | 2 |
10” | | | | Mustang Island 861 | | Spinnaker | | 7,000 | | 1 | | 0 |
10” | | | | South Marsh Island 142 A | | Total Minatome | | 13,971 | | 3 | | 1 |
10” | | WNR | | South Marsh Island 143 A | | Total Minatome | | 11,028 | | 2 | | 1 |
Exhibit A-3-3
| | | | | | | | | | | | |
PIPE SIZE | | | | LOCATION | | OPERATOR | | PIPE FOOTAGE | | 5,200 Mileage | | Net Miles |
10” | | | | Vermilion 268 G | | Stone | | 14,000 | | 3 | | 1 |
10” | | | | Vermilion 313 B (Gas) | | DEPI | | 2,600 | | 1 | | 1 |
10” | | | | West Cameron 130 B to UTOS (WC 116) | | DEPI | | 22,000 | | 4 | | 4 |
12” | | | | GC 338 to GC 294 (Front Runner Oil) | | DEPI | | 26,400 | | 5 | | 2 |
12” | | WNR | | Ship Shoal 248 D | | DEPI | | 11,627 | | 2 | | 2 |
12” | | | | West Cameron 61 A to WC 56 UTOS | | BHP | | 79,200 | | 15 | | 6 |
16” | | WNR | | Ship Shoal 247 F | | DEPI | | 15,687 | | 3 | | 1 |
20” | | | | High Island 350 A | | Shell | | 378 | | 0.07 | | 0.03 |
24” | | | | High Island 330 A | | El Paso | | 31,857 | | 6 | | 1 |
Exhibit A-3-4
ATTACHEDTOANDMADEPARTOFTHATCERTAIN OFFSHORE PACKAGE PURCHASE AGREEMENTBYANDBETWEEN
DOMINION EXPLORATION & PRODUCTION, INC.AND ENI PETROLEUM CO. INC.
EXHIBIT A-4
OFFICE LEASES
All of Seller’s interest in and to the following:
Leased Space
| | |
Location | | Expiration Date of Current Term |
1250 Poydras Street Office, New Orleans, LA | | 10/31/2011 |
Shore Facilities
|
Location |
Pascagoula, MS |
Cameron, LA |
Fourchon Port |
Exhibit A-4-1
ATTACHEDTOANDMADEPARTOFTHATCERTAIN OFFSHORE PACKAGE PURCHASE AGREEMENTBYANDBETWEEN
DOMINION EXPLORATION & PRODUCTION, INC.AND ENI PETROLEUM CO. INC.
EXHIBIT A-5
INVENTORY
All materials and equipment inventory held by or for the account of Seller at each of the following locations shall be deemed to be described on this Exhibit A-5, provided that:
(a) | in the case of those locations that are underlined below, only materials and equipment inventory held by or for the account of Seller for the joint account under operating agreements or other agreements that pertain to exploration, development and production activities with respect to the Outer Continental Shelf or the state waters of Texas, Louisiana, Mississippi or Alabama in the Gulf of Mexico (the “Offshore”) shall be deemed to be described on this Exhibit A-5; and |
(b) | in the case of those locations identified in italics below, all materials and equipment inventory that is held by or for the account of Seller for the joint account under operating agreements or other agreements that pertain to exploration, development and production activities with respect to areas other than the Offshore shall not be deemed to be described on this Exhibit A-5. |
| | | | | | | | | | | | |
COMPANY NAME | | SAP PLANT NAME | | ACTUAL NAME | | STREET ADDRESS | | ZIP CODE | | CITY | | STATE |
DEPI | | CAMR | | Cameron | | 585 Hwy 90 East | | 70302 | | PATTERSON | | LA |
| | | | | | |
DEPI | | DELT | | Delta Tubulars, Inc. | | 9518 E. Mount Houston St. | | 77050 | | HOUSTON | | TX |
| | | | | | |
DEPI | | DRIL | | Dril-Quip, Inc. | | 13550 Hempstead Highway | | 77040 | | HOUSTON | | TX |
| | | | | | |
DEPI | | EXCL | | Excell Crane & Hydraulics | | 3274 West Main St | | 70359 | | GRAY | | LA |
| | | | | | |
DEPI | | FMC1 | | FMC (Broussard, La) | | 130 St. Nazaire Road | | 70518 | | BROUSSARD | | LA |
| | | | | | |
DEPI | | GRNT | | Grant Prideco | | 1914 Grand Caillou Road | | 70363 | | HOUMA | | LA |
| | | | | | |
DEPI | | ICO2 | | Tuboscope | | 9015 Sheldon Rd. | | 77049 | | HOUSTON | | TX |
| | | | | | |
DEPI | | MAGN | | Magnum Construction | | 100 Industrial Drive | | 70460 | | SLIDELL | | LA |
| | | | | | |
DEPI | | PTL1 | | Patterson Tubular Services | | 7056 S. Railroad Street | | 70380 | | MORGAN CITY | | LA |
| | | | | | |
DEPI | | REAG | | Reagan Equipment | | 9580 HWY 182 E. | | 70380 | | MORGAN CITY | | LA |
Exhibit A-5-1
| | | | | | | | | | | | |
COMPANY NAME | | SAP PLANT NAME | | ACTUAL NAME | | STREET ADDRESS | | ZIP CODE | | CITY | | STATE |
DEPI | | STAR | | Star Tubular | | 2552 FM 250 | | 75668 | | LONESTAR | | TX |
| | | | | | |
DEPI | | TUBN | | Tuboscope - TX | | 10220 Sheldon Road | | 77049 | | HOUSTON | | TX |
| | | | | | |
DEPI | | TUBO | | Tuboscope Vetco Intl-LA | | Hwy 662 | | 70340 | | AMELIA | | LA |
| | | | | | |
DEPI | | UNIF | | Dynamic Industries | | 5007 Port Rd. | | 70560 | | NEW IBERIA | | LA |
| | | | | | |
DEPI | | UNIV | | Universal Compression | | 401 Commercial Parkway | | 70518 | | BROUSSARD | | LA |
| | | | | | |
DEPI | | VETC | | ABB Vetco | | 10777 NW Freeway | | 77040 | | HOUSTON | | TX |
| | | | | | |
DEPI | | WEAT | | Weatherford | | 202 Industrial Blvd. | | 70361 | | HOUMA | | LA |
| | | | | | |
DEPI | | XLSY | | XL Systems, L.P. | | 5780 Hagner Road | | 77705 | | BEAUMONT | | TX |
Exhibit A-5-2
ATTACHEDTOANDMADEPARTOFTHATCERTAIN OFFSHORE PACKAGE PURCHASE AGREEMENTBYANDBETWEEN
DOMINION EXPLORATION & PRODUCTION, INC.AND ENI PETROLEUM CO. INC.
EXHIBIT A-6
RADIO LICENSES
| | | | | | | | |
CALL SIGN | | COMPANY NAME | | LOCATION | | FREQUENCIES | | EXPIRATION DATE |
KWR492 | | Dominion E&P | | Cameron, LA | | 153.635, 158.145 | | 4/3/2015 |
| | | | |
WNEH930 | | Dominion E&P | | Offshore Platform - LA | | 2184.0 | | 5/4/2010 |
| | | | |
WNEH931 | | Dominion E&P | | Offshore Platform - LA | | 2134.0 | | 5/4/2010 |
| | | | |
WPKJ981 | | Dominion E&P | | Houma, LA-Offshore | | 490.8, 493.8 | | 3/18/2012 |
| | | | |
| | | | | | 451.3125, 456.3125, | | |
| | | | |
| | | | | | 452.4625, 457.4625, | | |
| | | | |
| | | | | | 451.9625, 456.9625, | | |
| | | | |
WPWT355 | | Dominion E&P | | Devil’s Tower - Offshore Platform - LA | | 156.5, 156.8, 156.45 | | 1/16/2013 |
| | | | |
WPYR292 | | Dominion E&P | | Devil’s Tower - Offshore Platform - LA -Aeronautical | | 122.15, 123.15 | | 10/3/2008 |
| | | | |
WSZ965 | | Dominion E&P | | Intracoastal City, LA (Broussard Brothers Dock) | | 464.9, 469.9 | | 4/3/2015 |
Exhibit A-6-1
ATTACHEDTOANDMADEPARTOFTHATCERTAIN OFFSHORE PACKAGE PURCHASE AGREEMENTBYANDBETWEEN DOMINION EXPLORATION & PRODUCTION, INC.AND ENI PETROLEUM CO. INC.
EXHIBIT A-7
SOFTWARE
Non-Proprietary Software
| | |
Application | | Profile |
OSI PI Software | | Real time production data |
Autocad LT and Map 2004 | | Drafting |
MicroStation | | Offshore Mapping. |
ER Mapper | | Mapping |
oil wat/gaswat | | G&G application |
CNGPLOT/Quickplot | | Inhouse |
DrillWorks | | Drilling Engineering application |
DrillWorks/Predict | | Drilling Engineering application |
OWL | | Well & Lease data Management |
SDL | | Seismic Data Loader |
VoxelGeo/Explorer SGMV | | G&G application |
Eclipse | | G&G application |
Petrel | | G&G application |
Imoss | | G&G application |
WellCat | | Engineering application |
ScreenSeis, Screen Weid, Screen Vela, Screen Shot | | G&G application - Seismic Processing |
Kirchoff, Tomography, AMO, AIM | | G&G application - Seismic Processing |
LAS Tools | | G&G application |
Spatial Layers and Enhanced Spacial Layets | | G&G application |
Proprietary Software
| | |
Application | | Application Description |
Base Map | | Base Map |
Exploration Information Systems (EIS) | | Exploration Information Systems (EIS) |
Quick Map | | Quick Map |
Well Header | | Well Header |
Exhibit A-7-1
ATTACHEDTOANDMADEPARTOFTHATCERTAIN OFFSHORE PACKAGE PURCHASE AGREEMENTBYANDBETWEEN
DOMINION EXPLORATION & PRODUCTION, INC.AND ENI PETROLEUM CO. INC.
EXHIBIT B
CONVEYANCE
County/Parish
This Conveyance (the “Conveyance”) from Dominion Exploration & Production, Inc, a Delaware corporation, whose address is [full address] (“Grantor”), to [company name], a [state] corporation, whose address is [full address] (“Grantee”), is executed on the date set forth on the signature page hereof (the “Execution Date”).
WHEN RECORDED, RETURN TO:
[Name]
[Address]
[Telephone]
ARTICLE 1.
Conveyance of Oil and Gas Interests
Section 1.1 Conveyance: Grantor, for and in consideration of the sum of Ten Dollars ($10) cash and other good and valuable consideration, in hand paid, the receipt and sufficiency of which is hereby acknowledged, hereby grants, bargains, sells, and conveys unto Grantee the following property of Grantor (collectively the “Assets”):
(a) The oil and gas leases, oil, gas and mineral leases and subleases, royalties, overriding royalties, net profits interests, mineral fee interests, carried interests, and other rights to oil and gas in place, and mineral servitudes, that are described on Exhibit A-1 (collectively, the “Leases”), and any and all oil, gas, water, CO2or injection wells thereon or on the pooled, communitized or unitized acreage that includes all or any part of the Leases, including the interests in the wells shown on Exhibit A-2, Part 1 attached hereto (the “Wells”);
(b) All pooled, communitized or unitized acreage which includes all or part of any Leases (the “Units”), and all tenements, hereditaments and appurtenances belonging to the Leases and Units;
(c) The gas processing plants, gas gathering systems, pipelines, and other mid-stream equipment described on Exhibit A-3 (the “Midstream Assets” and, together with the Leases, Wells and Units, the “Properties”);
(d) All of Grantor’s right, title and interest in and to the Material Contracts listed in Schedule 4.9 of that certain Offshore Package Purchase Agreement between Grantor and Grantee dated , 2007 (the “Purchase Agreement”) and all other currently existing contracts, agreements and instruments with respect to the Properties, to the extent applicable to the Properties, including operating agreements, unitization, pooling, and communitization agreements, declarations and orders, area of mutual interest agreements, joint venture agreements, farmin and farmout agreements, exchange agreements, transportation agreements, agreements for the sale and purchase of oil and gas and processing agreements, but excluding any contracts, agreements and instruments included within the definition of “Excluded Assets,” and provided that the defined term “Contracts” shall not include the Leases and other instruments constituting Seller’s chain of title to the Leases (subject to such exclusion and proviso, the “Contracts”);
(e) All of Grantor’s right, title and interest in surface fee interests, easements, permits, licenses, servitudes, rights-of-way, surface leases and other rights to use the surface or seabed appurtenant to, and used or held for use primarily in connection with, the Properties, but excluding any permits and other appurtenances included within the definition of “Excluded Assets;”
Exhibit B- 1
(f) All of Grantor’s right, title and interest in equipment, machinery, facilities, fixtures and other tangible personal property and improvements, including pipelines, platforms and Well equipment (both surface and subsurface) located on the Properties or used or held for use in connection with the operation of the Properties or the production, transportation or processing of oil and gas from the Properties, but excluding (i) office furniture, fixtures and equipment except as described in Section 1.1(g), (ii) materials and equipment inventory except as described in Section 1.1(h), (iii) vehicles except as described in Section 1.1(i) and (iv) any such items included within the definition of “Excluded Assets” (subject to such exclusions, the “Equipment”);
(g) The offices leases or buildings, if any, described on Exhibit A-4 and the furniture, fixtures and equipment located in those offices and buildings, but excluding any such items included within the definition of “Excluded Assets;”
(h) The materials and equipment inventory, if any, described on Exhibit A-5;
(i) The vehicles, if any, described in Exhibit A-8;
(j) All oil and gas produced from or attributable to the Leases, Units or Wells after the Closing Date, all oil, condensate and scrubber liquids inventories and ethane, propane, iso-butane, nor-butane and gasoline inventories of Grantor from the Properties in storage as of the end of the Closing Date, and all production, plant and transportation imbalances as of the end of the Closing Date;
(k) The data and records of Grantor and its Affiliates, to the extent relating primarily to the Properties or other Assets (and the software set forth on Exhibit A-7), excluding, however, in each case:
(i) all corporate, financial, Tax and legal data and records of Grantor that relate primarily to Grantor’s business generally (whether or not relating to the Assets), to Grantor’s business and operations in Virginia, West Virginia, Ohio, Pennsylvania, New York, Kentucky, and Maryland (the “Appalachian Business”), or to Grantor’s business elsewhere in the onshore United States (except those onshore Midstream Assets identified on Exhibit A-3 and those office leases and buildings identified on Exhibit A-4) or in Canada, or to businesses of Grantor and its Affiliates other than the exploration and production of oil and gas;
(ii) any data, software and records to the extent disclosure or transfer is prohibited or subjected to payment of a fee or other consideration by any license agreement or other agreement with a person other than Affiliates of Grantor, or by applicable law, and for which no consent to transfer has been received or for which Grantee (subject to Section 6.11 of the Purchase Agreement) has not agreed in writing to pay the fee or other consideration, as applicable;
(iii) all legal records and legal files of Grantor including all work product of and attorney-client communications with any of Grantor’s legal counsel (other than Leases, title opinions, Contracts and Grantor’s working files for litigation of Grantor listed on Schedule 4.5 to the Purchase Agreement, which is assumed by Grantee);
(iv) data and records relating to the sale of the Assets, including bids received from and records of negotiations with third persons;
(v) any data and records relating primarily to the other Excluded Assets;
(vi) those original data, software and records retained by Grantor pursuant to Section 13.6 of the Purchase Agreement; and
Exhibit B- 2
(vii) originals of well files and division order files with respect to Wells and Units for which Grantor is operator but for which Grantee does not become operator (provided that copies of such files will be included in the Records).
(Clauses (i) through (vii) shall hereinafter be referred to as the “Excluded Records” and subject to such exclusions, the data, software and records described in this Section 1.1(k) shall hereinafter be referred to as the “Records”);
(l) The radio licenses described on Exhibit A-6 except those for which a transfer is prohibited or subject to payment of a fee or other consideration and for which no consent to transfer has been received or for which Grantee has not agreed in writing to pay the fee or other consideration, as applicable; and
(m) All (i) accounts, instruments and general intangibles (as such terms are defined in the Uniform Commercial Code of Texas) attributable to the Assets at the Closing Date (other than the Excluded Assets and the amounts to which Grantor is entitled pursuant to Section 2.3 of the Purchase Agreement and Section 2.4 of the Purchase Agreement); and (ii) liens and security interests and collateral in favor of Grantor that exist as of the Closing Date, whether choate or inchoate, under any law, rule or regulation or under any of the Contracts (x) arising from the ownership, operation or sale or other disposition of any of the Assets or (y) arising in favor of Grantor as the operator of certain of the Assets, but only to the extent Grantee is appointed successor operator.
EXCEPTING AND RESERVING to Grantor, however, the Excluded Assets (as defined below).
TO HAVE AND TO HOLD the Assets unto Grantee, its successors and assigns, forever, subject, however, to the terms and conditions of this Conveyance.
Section 1.2Excluded Assets: Notwithstanding anything to the contrary in Section 1.1 or elsewhere in this Conveyance, the “Assets” shall not include any rights with respect to the Excluded Assets. “Excluded Assets” shall mean the following:
(a) the Excluded Records;
(b) copies of other Records retained by Grantor pursuant to Section 13.6 of the Purchase Agreement;
(c) contracts, agreements and instruments, whose transfer is prohibited or subjected to payment of a fee or other consideration by an agreement with a person other than an Affiliate of Grantor, or by applicable law, and for which no consent to transfer has been received or for which Grantee has not agreed in writing to pay the fee or other consideration, as applicable;
(d) permits and other appurtenances for which transfer is prohibited or subjected to payment of a fee or other consideration by an agreement with a person other than an Affiliate of Grantor, or by applicable law, and for which no consent to transfer has been received or for which Grantee has not agreed in writing to pay the fee or other consideration, as applicable;
(e) all claims against insurers and other third parties pending on or before June 30, 2007 (the “Effective Date”);
(f) assets of or which relate to Grantor’s and its Affiliates’ Employee Plans (as that term is defined in the Purchase Agreement) or worker’s compensation insurance and programs;
(g) all trademarks and trade names containing “Dominion” or any variant thereof;
(h) all futures, options, swaps and other derivatives except the Transferred Derivatives (as that term is defined in the Purchase Agreement), and all software used for trading, hedging and credit analysis;
Exhibit B- 3
(i) the Clearinghouse and Castlewood Road records storage facilities located in Richmond, Virginia;
(j) all of Grantor’s interests in office leases, buildings and other onshore real property other than those expressly identified on Exhibit A-3 or Exhibit A-4;
(k) any leased equipment or other leased personal property which has not been purchased prior to the date hereof (except to the extent the lease is transferable without payment of a fee or other consideration which Grantee has not agreed in writing to pay);
(l) all office equipment, computers, cell phones, pagers and other hardware, personal property and equipment that (i) relate to Grantor’s business generally, or to the Appalachian Business or to Grantor’s business elsewhere in the onshore United States (except those onshore Midstream Assets identified on Exhibit A-3 and those office leases and buildings identified on Exhibit A-4) or in Canada, or to any other business of Grantor and its Affiliates other than the exploration and production of oil and gas or (ii) are set forth on Exhibit A-9 (even if relating to the onshore Midstream Assets identified on Exhibit A-3 or the office leases or buildings identified on Exhibit A-4);
(m) the contracts and software used for both the Assets and other assets of Grantor and its Affiliates described on Schedule 1.3 to the Purchase Agreement;
(n) any tax refund (whether by payment, credit, offset or otherwise, and together with any interest thereon) in respect of any taxes for which Grantor is liable for payment or required to indemnify Grantee under Section 9.1 of the Purchase Agreement;
(o) refunds relating from severance tax abatements with respect to all taxable periods or portions thereof ending on or prior to the Effective Date;
(p) all indemnities and other claims against persons (other than Grantor and/or its Affiliates) for taxes for which Consolidated Natural Gas Company, an Affiliate of Grantor, is liable for payment or required to indemnify Grantee under Section 9.1 of the Purchase Agreement;
(q) claims against insurers under policies held by Grantor or its Affiliates;
(r) Property Costs (as defined in the Purchase Agreement) and revenues associated with all joint interest audits and other audits of Property Costs covering periods for which Grantor is in whole or in part responsible for the Assets, which audit adjustments are paid or received prior to the Cut-Off Date (as defined in the Purchase Agreement);
(s) any other assets, contracts or rights described on Schedule 1.3 to the Purchase Agreement.
Section 1.3 “Affiliate:” For purposes of this Conveyance, the term “Affiliate” means, with respect to a person, a person that directly or indirectly controls, is controlled by or is under common control with such person, with control in such context meaning the ability to direct the management or policies of a person through ownership of voting shares or other securities, pursuant to a written agreement, or otherwise.
Section 1.4 “Permitted Encumbrances:” For purposes of this Conveyance, the term “Permitted Encumbrances” means any or all of the following:
(a) lessors’ royalties and any overriding royalties, reversionary interests and other burdens to the extent that they do not, individually or in the aggregate, reduce Grantor’s net revenue interests below that shown in Exhibit A-2 or increase Grantor’s working interests above that shown in Exhibit A-1 or Exhibit A-2 without a corresponding increase in the net revenue interest;
Exhibit B- 4
(b) all leases, unit agreements, pooling agreements, operating agreements, production sales contracts, division orders and other contracts, agreements and instruments applicable to the Assets, including provisions for penalties, suspensions or forfeitures contained therein, to the extent that they do not, individually or in the aggregate, reduce Grantor’s net revenue interests below that shown in Exhibit A-2 or increase Grantor’s working interests above that shown in Exhibit A-1 or Exhibit A-2 without a corresponding increase in the net revenue interest;
(c) rights of first refusal, preferential purchase rights and similar rights with respect to the Assets;
(d) third-party consent requirements and similar restrictions which are not applicable to the sale of the Assets contemplated by this Conveyance or with respect to which waivers or consents were obtained from the appropriate persons prior to the date hereof or the appropriate time period for asserting the right has expired or which need not be satisfied prior to a transfer;
(e) liens for taxes or assessments not yet delinquent or, if delinquent, being contested in good faith by appropriate actions;
(f) materialman’s, mechanic’s, repairman’s, employee’s, contractor’s, operator’s and other similar liens or charges arising in the ordinary course of business for amounts not yet delinquent (including any amounts being withheld as provided by law), or if delinquent, being contested in good faith by appropriate actions;
(g) all rights to consent, by required notices to, filings with, or other actions by Governmental Authorities (as defined in the Purchase Agreement) in connection with the sale or conveyance of oil and gas leases or rights or interests therein if they are customarily obtained subsequent to the sale or conveyance;
(h) rights of reassignment arising upon final intention to abandon or release the Assets, or any of them;
(i) easements, rights-of-way, covenants, servitudes, permits, surface leases and other rights in respect of surface operations to the extent they do not, individually or in the aggregate, reduce Grantor’s net revenue interest below that shown on Exhibit A-2 or increase Grantor’s working interest beyond that shown on Exhibit A-1 or Exhibit A-2 without a corresponding increase in net revenue interest;
(j) calls on production under existing Contracts; provided that the holder of such right must pay an index-based price for any production purchased by virtue of such call on production;
(k) any termination of Grantor’s title to any mineral servitude or any Property held by production as a consequence of the failure to conduct operations, cessation of production or insufficient production over any period, except to the extent Grantor has knowledge thereof as of the date hereof;
(l) all rights reserved to or vested in any Governmental Authorities to control or regulate any of the Assets in any manner or to assess tax with respect to the Assets, the ownership, use or operation thereof, or revenue, income or capital gains with respect thereto, and all obligations and duties under all applicable laws of any such Governmental Authority or under any franchise, grant, license or permit issued by any Governmental Authority;
(m) any lien, charge or other encumbrance on or affecting the Assets which is expressly waived, assumed, bonded or paid by Grantee at or prior to Closing or which is discharged by Grantor at or prior to Closing;
(n) any lien or trust arising in connection with workers’ compensation, unemployment insurance, pension or employment laws or regulations;
(o) The matters described in Schedule 4.5 to the Purchase Agreement;
Exhibit B- 5
(p) Any matters shown on Exhibit A-2; and
(q) Any other liens, charges, encumbrances, defects or irregularities which do not, individually or in the aggregate, materially detract from the value of or materially interfere with the use or ownership of the Assets subject thereto or affected thereby (as currently used or owned) and which would be accepted by a reasonably prudent purchaser engaged in the business of owning and operating oil and gas properties, including, without limitation, the absence of any lease amendment or consent by any royalty interest or mineral interest holder authorizing the pooling of any leasehold interest, royalty interest or mineral interest and the failure of Exhibits A-1 and A-2 to reflect any lease or any unleased mineral interest where the owner thereof was treated as a non-participating co-tenant during the drilling of any well.
ARTICLE 2.
Disclaimer of Warranty
Section 2.1Special Warranty: Grantor warrants title to the Assets, subject to the Permitted Encumbrances, unto Grantee, its successors and assigns, against all persons claiming or to claim the same or any part thereof by, through or under Grantor, but not otherwise. EXCEPT AS PROVIDED IN THE PRECEDING SENTENCE, GRANTOR MAKES NO, AND EXPRESSLY DISCLAIMS AND NEGATES ANY, REPRESENTATION OR WARRANTY, EXPRESS OR IMPLIED, AS TO TITLE TO ANY OF THE ASSETS. Grantor hereby assigns to Grantee all rights, claims, and causes of action on title warranties given or made by Grantor’s predecessors (other than Affiliates of Grantor), and Grantee is specifically subrogated to all rights which Grantor may have against its predecessors (other than Affiliates of Grantor), to the extent Grantor may legally transfer such rights and grant such subrogation.
Section 2.2Disclaimer of other warranties: Except as specifically represented otherwise in Article 4 of the Purchase Agreement or in the certificate of Grantor to be delivered pursuant to Section 8.2(f) of the Purchase Agreement, the Equipment and other personal property included in the Assets are assigned AS IS, WITH ALL FAULTS, and GRANTOR MAKES NO, AND EXPRESSLY DISCLAIMS AND NEGATES ANY, REPRESENTATION OR WARRANTY, EXPRESS OR IMPLIED, AS TO (a) MERCHANTABILITY OF SUCH PERSONAL PROPERTY, (b) FITNESS OF SUCH PERSONAL PROPERTY FOR ANY PARTICULAR PURPOSE, (c) CONDITION OF SUCH PERSONAL PROPERTY, (d) INFRINGEMENTS BY SUCH PERSONAL PROPERTY OF INTELLECTUAL PROPERTY RIGHTS AND (e) CONFORMITY OF SUCH PERSONAL PROPERTY TO MODELS OR SAMPLES OF MATERIALS. GRANTEE EXPRESSLY WAIVES ANY GUARANTEE AGAINST HIDDEN OR LATENT REDHIBITORY VICES, INCLUDING LOUISIANA CIVIL CODE ARTICLES 2520 THROUGH 2548, AND THE WARRANTY IMPOSED BY LOUISIANA CIVIL CODE ARTICLE 2476.
Section 2.3UTPCPL Waiver: TO THE EXTENT APPLICABLE TO THE ASSETS OR ANY PORTION THEREOF, GRANTEE HEREBY WAIVES THE PROVISIONS OF THE LOUISIANA UNFAIR TRADE PRACTICES AND CONSUMER PROTECTION LAW (La. R.S. 51:1402et. seq.). GRANTEE REPRESENTS AND CONSENTS THAT IT IS (OR ITS ADVISORS ARE) EXPERIENCED AND KNOWLEDGEABLE IN THE OIL AND GAS BUSINESS GENERALLY AND WITH TRANSACTIONS OF THIS TYPE SPECIFICALLY, THAT IT (OR THEY) POSSESS AMPLE KNOWLEDGE, EXPERIENCE AND EXPERTISE TO EVALUATE INDEPENDENTLY THE MERITS AND RISKS OF THE TRANSACTIONS DESCRIBED HEREIN AND THAT IT IS NOT IN A SIGNIFICANTLY DISPARATE BARGAINING POSITION.
ARTICLE 3.
Assumption of Obligations
Section 3.1Assumed Grantor Obligations: Effective on the Execution Date, Grantee assumes and agrees to fulfill, perform, pay and discharge (or cause to be fulfilled, performed, paid or discharged) all of the Assumed Seller Obligations (as defined in the Purchase Agreement).
Exhibit B- 6
Section 3.2Subject to Contracts: Grantee is taking the Assets subject to the terms of the Contracts, including without limitation, those contracts described on Exhibit A-10, to the extent the Contracts are valid, binding and enforceable on the date of this Conveyance, and hereby assumes and agrees to fulfill, perform, pay and discharge Grantor’s obligations under such Contracts from and after the Execution Date.
ARTICLE 4.
Miscellaneous
Section 4.1Further Assurances: After the Execution Date, Grantor, without further consideration, will use its reasonable good faith efforts to execute, deliver and (if applicable) file or record or cause to be executed, delivered and filed or recorded such good and sufficient instruments of conveyance and transfer, and take such other action as may be reasonably required of Grantor to effectively vest in Grantee beneficial and record title to the Assets conveyed pursuant hereto and, if applicable, to put Grantee in actual possession of such Assets. After the date of this Conveyance, Grantee shall, without further consideration, execute, deliver and (if applicable) file or record, or cause to be executed, delivered and filed or recorded, all instruments, and take such actions, as may be reasonably required of Grantee to accomplish the conveyance and transfer of the Assets, any change in operator, and otherwise consummate the transactions contemplated by this Conveyance and the Purchase Agreement, and shall send all required notices with respect to the Assets. With respect to interests in federal, state or Indian leases that are included among the Assets and that require filings with governmental or tribal agencies before they may be assigned, Grantor and Grantee will each use its reasonable good faith efforts to file the appropriate documents and take any other steps necessary to obtain official approval of the assignments. No federal, state or Indian lease requiring consent of a governmental authority for transfer shall be considered transferred by virtue of this Conveyance, even if specifically described herein, unless and until that consent is obtained, and once that consent is obtained, the transfer shall occur, effective as of the Execution Date.
Section 4.2Conveyance Subject to Purchase Agreement: This Conveyance is expressly subject to the terms and conditions of the Purchase Agreement.
Section 4.3Successors and Assigns: This Conveyance shall bind and inure to the benefit of the parties hereto and their respective successors and assigns.
Section 4.4Titles and Captions: All article or section titles or captions in this Conveyance are for convenience only, shall not be deemed part of this Conveyance and in no way define, limit, extend, or describe the scope or intent of any provisions hereof. Except to the extent otherwise stated in this Conveyance, references to “Articles” and “Sections” are to Articles and Sections of this Conveyance, and references to “Exhibits” are to Exhibits attached to this Conveyance, which are made parts hereof for all purposes.
Section 4.5Governing Law: Except to the extent the laws of another jurisdiction will, under conflict of law principles, govern transfers of Assets located in such other jurisdiction, this Conveyance and the rights of the parties hereunder shall be governed by, and construed in accordance with, the laws of the state of Texas.
Section 4.6Counterparts:
(a) This Conveyance may be executed in any number of counterparts, and by different parties in separate counterparts, and each counterpart hereof shall be deemed to be an original instrument, but all such counterparts shall constitute but one instrument.
(b) To facilitate recordation, there are omitted from the Exhibits to this Conveyance in certain counterparts descriptions of property located in recording jurisdictions other than the jurisdiction (county, parish, state, Indian or federal agency) in which the particular counterpart is to be filed or recorded.
Exhibit B- 7
EXECUTED in the presence of the undersigned competent witnesses on the day of , 2007.
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| | | | Grantor: [Dominion party] |
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| | [SEAL] | | | | |
| | [NOTE: For Louisiana Conveyances only.] |
| | | | By: | | |
| | | | [Printed name] |
| | | | [Title] | | |
| | | | [Date] | | |
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| | | | Grantee: | | |
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| | [SEAL] | | | | |
| | [NOTE: For Louisiana Conveyances only.] |
| | | | By: | | |
| | | | [Printed name] |
| | | | [Title] | | |
| | | | [Date] | | |
WITNESSES
[NOTE: For Louisiana Conveyances only.]
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Printed name: | | | | | | Printed name | | : |
Exhibit B- 8
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GRANTOR: | | | | | | |
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STATE OF | | § | | | | |
| | § | | | | |
COUNTY OF | | § | | | | |
BE IT REMEMBERED, that I, , a Notary Public duly qualified, commissioned, sworn and acting in and for the County and State aforesaid, hereby certify that on this day of , 2007, there appeared before me [signor’s name], [title] of [company], a [State] Corporation.
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(Alabama) | | On such date, [signor’s name], whose name as officer of said corporation is signed to the foregoing conveyance and who is known to me, acknowledged before me on this day that, being informed of the contents of the conveyance, he, as such officer and with full authority, executed the same voluntarily or and as the act of said corporation. |
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(Louisiana) | | On such date, before me appeared [signor’s name], to me personally known, who, being by me duly sworn did say that he is the designated officer of said corporation, and that the seal affixed to the aforesaid instrument is the corporate seal of said corporation and that the instrument was signed and sealed in behalf of the corporation by authority of its Board of Directors and that [signor’s name] acknowledged the instrument to be the free act and deed of the corporation. |
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(Mississippi) | | Personally appeared before me, the undersigned authority, on such date, within my jurisdiction, the within named [signor’s name], who acknowledged that he is the designated officer of said corporation, and that for and on behalf of the said corporation, and as its act and deed he executed the above and foregoing instrument, after first having been duly authorized by said corporation to do so. |
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(Texas) | | This instrument was acknowledged before me on such date by [signor’s name], on behalf of said corporation. |
IN WITNESS WHEREOF, I have hereunto set my hand and seal, in the City of [city], County of [county], State of [state], this day of , 2007.
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[SEAL] | | | | Notary Public for the State of , County of |
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| | | | Name as appears on notarial commission: |
| | | | [NOTE: Louisiana conveyances only] |
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My commission expires: | | | | Notarial Identification Number: |
| | | | [NOTE: Louisiana conveyances only] |
Exhibit B- 9
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GRANTEE: | | | | | | |
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STATE OF | | § | | | | |
| | § | | | | |
COUNTY OF | | § | | | | |
BE IT REMEMBERED, that I, , a Notary Public duly qualified, commissioned, sworn and acting in and for the County and State aforesaid, hereby certify that on this day of , 2007, there appeared before me [signor’s name], [title] of [company], a [State] Corporation.
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(Alabama) | | On such date, [signor’s name], whose name as officer of said corporation is signed to the foregoing conveyance and who is known to me, acknowledged before me on this day that, being informed of the contents of the conveyance, he, as such officer and with full authority, executed the same voluntarily or and as the act of said corporation. |
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(Louisiana) | | On such date, before me appeared [signor’s name], to me personally known, who, being by me duly sworn did say that he is the designated officer of said corporation, and that the seal affixed to the aforesaid instrument is the corporate seal of said corporation and that the instrument was signed and sealed in behalf of the corporation by authority of its Board of Directors and that [signor’s name] acknowledged the instrument to be the free act and deed of the corporation. |
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(Mississippi) | | Personally appeared before me, the undersigned authority, on such date, within my jurisdiction, the within named [signor’s name], who acknowledged that he is the designated officer of said corporation, and that for and on behalf of the said corporation, and as its act and deed he executed the above and foregoing instrument, after first having been duly authorized by said corporation to do so. |
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(Texas) | | This instrument was acknowledged before me on such date by [signor’s name], on behalf of said corporation. |
IN WITNESS WHEREOF, I have hereunto set my hand and seal, in the City of [city], County of [county], State of [state], this day of , 2007.
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[SEAL] | | | | Notary Public for the State of , County of |
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| | | | Name as appears on notarial commission: |
| | | | [NOTE: Louisiana conveyances only] |
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My commission expires: | | | | Notarial Identification Number: |
| | | | [NOTE: Louisiana conveyances only] |
Exhibit B- 10
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GRANTOR’S ADDRESS & TELEPHONE NUMBER: | | GRANTEE’S ADDRESS & TELEPHONE NUMBER: |
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Employer Identification Number: | | Employer Identification Number: |
THIS INSTRUMENT PREPARED BY:
David F. Asmus
Baker Botts L.L.P.
One Shell Plaza
910 Louisiana
Houston, TX 77002
713.229.1234
[NOTE: Add indexing instructions for Mississippi filings if required.]
Exhibit B- 11
ATTACHED TO AND MADE PART OF THAT CERTAIN OFFSHORE PACKAGE PURCHASE AGREEMENT BYANDBETWEEN
DOMINION EXPLORATION & PRODUCTION, INC. AND ENI PETROLEUM CO. INC.
EXHIBIT C
FORM OF DEPI/OFFSHORE TRANSITION SERVICES AGREEMENT
TRANSITION SERVICES AGREEMENT
This DEPI/Offshore Transition Services Agreement (this “Agreement”), is dated as of , 2007, by and between Dominion Exploration & Production, Inc., a corporation organized under the Laws of Delaware (“DEPI”), and Eni Petroleum Co. Inc., a company organized under the Laws of Delaware (“Purchaser”). DEPI and Purchaser are sometimes referred to collectively as the “Parties” and individually as a “Party.”
The definitions of capitalized terms used but not defined in this Agreement are set forth in the Offshore Package Purchase Agreement dated as of , 2007, (the “Purchase Agreement”) by and between DEPI (“Seller”) and Purchaser.
RECITALS:
In connection with the purchase and sale of the Assets in accordance with the Purchase Agreement, DEPI has agreed to assist Purchaser by providing certain transition services with respect to the E&P Business and Purchaser has agreed to assist DEPI and its Affiliates by providing certain transition services with respect to the remaining business of DEPI and its Affiliates, including the Appalachian Business (the “Retained Businesses”), each for a limited time period following Closing, upon the terms and conditions set forth herein.
NOW, THEREFORE, in consideration of the premises and of the mutual promises, covenants, conditions and agreements contained herein, and for other valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties agree as follows:
ARTICLE 1.
DEPI SERVICES
Section 1.1Services. Purchaser has requested that DEPI provide, following the Closing, certain transition services relating to the E&P Business. The parties hereby agree that, as of the date hereof, DEPI will provide or cause to be provided the transition services described on Schedule 1.1 in accordance with the standard of performance set forth in Section 1.3 below (collectively, the “DEPI Services”) for the period with respect to each such DEPI Service (the “DEPI Service Term”) set forth on Schedule 1.1, subject to the provisions of Article 5. DEPI shall have no obligation to materially alter the DEPI Services to accommodate changes in the commercial or physical operation of the E&P Business.
Section 1.2Employees. At all times during the performance of DEPI Services by DEPI, all persons performing such DEPI Services who shall be in the employ and/or under the control of DEPI or its Affiliates (including agents, contractors, temporary employees and consultants) shall be independent from Purchaser and not employees of Purchaser and shall not be entitled to any payment, benefit or perquisite directly from Purchaser on account of such DEPI Services, including, but not limited to, group insurance and participation in any employee benefit and pension plans maintained by Purchaser. DEPI will not be required to provide any DEPI Services the provision of which would violate any applicable Laws or contract. DEPI will use its commercially reasonable efforts as necessary to secure consents and/or approvals of vendors, lessors and licensors relating to the DEPI Services provided by DEPI or its Affiliates. Purchaser acknowledges that the employees of DEPI and its Affiliates are not professional providers of the types of services included in the DEPI Services and that the personnel providing such Services have other responsibilities and will not be dedicated full time to performing the DEPI Services.
Exhibit C-1
Section 1.3Standard of Performance. DEPI shall perform or cause to be performed the DEPI Services with the same degree of care, skill and prudence as such Services have been provided by DEPI with respect to the E&P Business during the six (6) month period immediately preceding the date of this Agreement, and in compliance with Laws, and shall (i) keep the equipment and facilities that are necessary or useful to the provision of the DEPI Services in good working condition and repair, and (ii) use commercially reasonable efforts to assist Purchaser in maintaining in full force and effect all material governmental permits and Leases that are capable of producing in paying quantities. DEPI shall perform its obligations under this Agreement without undue delay.
Section 1.4Records. DEPI shall maintain or cause to be maintained true and correct records of all receipts, invoices, reports and such other documents as are customarily maintained by DEPI for its own operations relating to the DEPI Services rendered hereunder. Purchaser shall have the right to inspect such records during regular office hours following reasonable prior written notice of any such inspection.
Section 1.5Representatives of DEPI. DEPI will, at all times during the DEPI Services Term, keep representatives of DEPI available either by telephone, pager or in person, to receive communications from Purchaser regarding the DEPI Services and to respond to inquiries concerning the performance of the DEPI Services, as well as any other information pertaining to this Agreement. The DEPI representatives are designated in Schedule 1.5.
Section 1.6Limitation of DEPI Services. Except as expressly agreed herein, in connection with the performance of its obligations under this Agreement, in no event shall DEPI be obligated to: (a) make modifications to its existing systems; (b) acquire additional assets, equipment, rights or properties (including computer equipment, software, furniture, furnishings, fixtures, machinery, vehicles, tools and other tangible personal property) that are not in the ordinary course of operations of DEPI; (c) hire additional employees; or (d) pay any costs related to the transfer or conversion of data from DEPI or its Affiliates to Purchaser.
ARTICLE 2.
PURCHASER SERVICES
Section 2.1Services. DEPI has requested that Purchaser provide, following the Closing, certain transition services to DEPI and its Affiliates relating to the Retained Businesses, including for the benefit of any purchaser of any portion of the Retained Business. The parties hereby agree that, as of the date hereof, Purchaser will provide or cause to be provided the transition services described on Schedule 2.1 in accordance with the standard of performance set forth in Section 2.3 below (collectively, the “Purchaser Services” and together with the DEPI Services, the “Services”) for the period with respect to each such Purchaser Service (the “Purchaser Services Term”) set forth on Schedule 2.1, subject to the provisions of Article 5. Purchaser shall have no obligation to materially alter the Purchaser Services to accommodate changes in the commercial or physical operation of the Retained Businesses.
Section 2.2Employees. At all times during the performance of Purchaser Services by Purchaser, all persons performing such Purchaser Services who shall be in the employ and/or under the control of Purchaser or its Affiliates (including agents, contractors, temporary employees and consultants) shall be independent from DEPI and not employees of DEPI and shall not be entitled to any payment, benefit or perquisite directly from DEPI on account of such Purchaser Services, including, but not limited to, group insurance and participation in any employee benefit and pension plans maintained by DEPI or its Affiliates. Purchaser will not be required to provide any Purchaser Services the provision of which would violate any applicable Laws or contract. Purchaser will use its commercially reasonable efforts as necessary to secure consents and/or approvals of vendors, lessors and licensors relating to the Purchaser Services provided by it or its Affiliates. DEPI acknowledges that Purchaser is not a professional provider of the type of services included in the Purchaser Services and that the personnel providing such Services have other responsibilities and will not be dedicated full time to providing the Purchaser Services
Section 2.3Standard of Performance. Purchaser shall perform or cause to be performed the Purchaser Services with the same degree of care, skill and prudence it customarily exercises for its own operations, and in compliance with Laws, and shall (i) keep the equipment and facilities that are necessary or useful to the provision of the Purchaser Services in good working condition and repair, and (ii) use commercially reasonable efforts to assist DEPI and its Affiliates in maintaining in full force and effect all material governmental permits and oil and gas properties constituting the Retained Business that are capable of producing in paying quantities.
Exhibit C - 2
Section 2.4Records. Purchaser shall maintain true and correct records of all receipts, invoices, reports and such other documents as are customarily maintained by Purchaser for its own operations relating to the Purchaser Services rendered hereunder. DEPI and its Affiliates shall have the right to inspect such records during regular office hours following reasonable prior written notice of any such inspection.
Section 2.5Representatives of Purchaser. Purchaser will, at all times during the Purchaser Services Term, keep representatives of Purchaser available either by telephone, pager or in person, to receive communications from DEPI regarding the Purchaser Services and to respond to inquiries concerning the performance of the Purchaser Services, as well as any other information pertaining to this Agreement. The Purchaser representatives are designated in Schedule 2.5.
Section 2.6Limitation of Purchaser Services. Except as expressly agreed herein, in connection with the performance of its obligations under this Agreement, in no event shall Purchaser be obligated to: (a) make modifications to its existing systems; (b) acquire additional assets, equipment, rights or properties (including computer equipment, software, furniture, furnishings, fixtures, machinery, vehicles, tools and other tangible personal property) that are not in the ordinary course of operations of Purchaser; or (c) hire additional employees; (d) pay any costs related to the transfer or conversion of data from Purchaser to DEPI or its Affiliates.
ARTICLE 3.
COMPENSATION
Section 3.1Compensation for DEPI Services. During the period starting from the Closing Date and ending on the End Date set forth on Schedule 1.1 for such DEPI Service (unless earlier terminated in accordance with Article 6), Purchaser shall pay to DEPI the amount set forth on Schedule 1.1 for the provision of such DEPI Service.
Section 3.2Compensation for Purchaser Services. During the period starting from the Closing Date and ending on the End Date set forth on Schedule 2.1 for such Purchaser Service (unless earlier terminated in accordance with Article 6), DEPI shall pay to Purchaser the amount set forth on Schedule 2.1 for the provision of such Purchaser Service.
ARTICLE 4.
PAYMENT AND DEFAULT
Section 4.1Submission of Invoice. Each Party (the “Service Provider”) shall submit an invoice (the “Invoice”) to the other Party (the “Service Recipient”) on or before the tenth Business Day of each month setting forth the charges for the Services for the preceding month.
Section 4.2Payment of Invoices. Absent manifest error in calculations contained in an Invoice (if there is a manifest error, the Service Recipient will correct such error and show such recalculation), the Service Recipient shall pay on or before the last Business Day of each month in which it receives an Invoice the amounts invoiced to such Service Recipient by wire transfer of immediately available funds to the bank account designated on the Invoice by the Service Provider. Adjustment credits or debits shall be shown on the Invoice next succeeding the Invoice in which the adjustment is made. Interest will accrue on any unpaid invoiced amounts at the Agreed Rate from the date due, compounded quarterly, until such amounts, together with all accrued and unpaid interest thereon, are paid in full. Any preexisting obligation to make payment for the Services provided hereunder shall survive the termination of a Service and this Agreement.
Section 4.3Payment Disputes. Service Recipient may object to any invoiced amounts for any Service at any time before, at the time of or after payment is made, provided such objection is made in writing to
Exhibit C - 3
Service Provider no later than 30 days after receipt of such Invoice. Payment of any amount set forth in an Invoice shall not constitute approval thereof. The Parties shall meet as expeditiously as possible to resolve any dispute. Any dispute that is not resolved between the parties shall be resolved in accordance with the dispute resolution procedures set forth in Section 9.4.
Section 4.4Default.
(a)Service Recipient Default.
(i) It shall constitute a default on behalf of Service Recipient (a “Service Recipient Default”) if Service Recipient or its Affiliate fails to timely pay any invoiced amount for Services provided pursuant to this Agreement in accordance with the provisions of this Article 4, which failure continues for at least 30 days following receipt of written notice to Service Recipient that such invoiced amount is past due.
(ii) Upon the occurrence of a Service Recipient Default, Service Provider may, at its option and as its sole remedy (other than its right to receive payment in full for all amounts due, together with interest thereon), suspend all or any portion of the provision of Services hereunder, including Services for which payment is outstanding, until such time as Service Recipient Default is cured and all indebtedness to Service Provider under this Agreement for such suspended Services is paid in full.
(b)Service Provider Default.
(i) Subject to Section 4.4(a)(ii) above, it shall constitute a default on behalf of Service Provider (a “Service Provider Default”) if Service Provider fails to provide a Service to Service Recipient in accordance with the terms and conditions of this Agreement, which failure continues for at least 30 day following receipt of written notice to Service Provider;provided,however, that if Service Provider cannot reasonably cure such failure within such 30 day period, no Service Provider Default shall be deemed to occur provided Service Provider demonstrates that it has taken steps to cure such failure within such 30 day period and diligently prosecutes such cure to completion.
(ii) Upon the occurrence of a Service Provider Default, Service Recipient may, at its option and as its sole remedy, (A) secure such Service from any Person (other than Service Provider or its Affiliates) qualified to provide such Service (a “Third Party Provider”) and (B) for the minimum remaining term Service Provider is obligated to provide such Service under the terms of this Agreement, receive from Service Provider concurrently on the date payment is due to a Third Party Provider, payment of the positive difference, if any, between the cost of purchasing such substitute Service and the amount that would have been paid to Service Provider under the terms of this Agreement for such Service if no Service Provider Default with respect to such Service had occurred.
Section 4.5Sales Taxes. Any sales taxes paid hereunder for Services which Service Provider is required to pay or incur shall be passed on to Service Recipient as an explicit surcharge and shall be paid by Service Recipient in addition to any Service fee payment, whether included in the applicable Invoice, or added retroactively. If Service Recipient submits to Service Provider a timely and valid resale or other exemption certificate acceptable to Service Provider and sufficient to support the exemption from sales taxes, then such taxes will not be added to the Service fee payable pursuant to this Article 4; provided, however, that if Service Provider is ever required to pay such taxes, Service Recipient will promptly reimburse Service Provider for such tax, including any interest, penalties and attorney’s fees related thereto. The Parties will cooperate to minimize the imposition of any sales taxes.
Exhibit C - 4
ARTICLE 5.
TERM OF AGREEMENT
No Service shall be provided after the expiration or earlier termination of the DEPI Services Term or Purchaser Services Term with respect to such Service, except by the mutual agreement of Parties; provided, however, a Service Recipient may request a thirty (30) day extension of the “End Date” noted on the Schedules hereto for a particular Service by delivering to the Service Provider a written request for such extension no later than thirty (30) days prior to such End Date. Any Service may be terminated prior to the expiration of the DEPI Services Term or Purchaser Services Term by following the procedures set forth in Article 6. A Service Recipient shall use its reasonable best efforts to provide for itself the Services that the Service Recipient is receiving from the Service Provider at the earliest practicable time such that it no longer has a need for the Service Provider to provide such Services.
ARTICLE 6.
CESSATION OF SERVICES
Section 6.1Discontinuation of Services. After the date hereof, Service Recipient may, without cause and in accordance with the terms and conditions hereunder, request the discontinuation of a Service or all of the Services by giving Service Provider at least thirty (30) days prior written notice;provided,however, that: (i) Service Recipient shall be liable to Service Provider for all costs and expenses Service Provider remains obligated to pay under any existing contract related to such Service and (ii) Service Provider shall use commercially reasonable efforts to minimize all such costs and expenses. Service Recipient may request partial discontinuation of a Service and Service Provider shall use commercially reasonable efforts to accommodate such request. Upon a request for partial discontinuation of a Service, the Parties shall attempt to mutually agree to partial discontinuation of such Service and a corresponding reduction in consideration payable therefor pursuant to Article 4. The Parties shall cooperate as reasonably required to effectuate an orderly and systematic transfer to Service Recipient of all of the duties and obligations previously performed by Service Provider under this Agreement.
Section 6.2Procedures Upon Discontinuation or Termination of Services. Upon the discontinuation or termination of a Service hereunder, this Agreement shall be of no further force and effect with respect to such Service, except as to obligations accrued prior to the date of discontinuation or termination;provided,however, that Article 1, Article 2, Article 7, Article 8 and Sections 9.2, 9.3, 9.4 and 9.13 of this Agreement shall survive such discontinuation or termination as it relates to the discontinued or terminated Service(s). Service Provider shall, within 60 days after discontinuation or termination of a Service, deliver to Service Recipient all property in its possession, including all books, records, contracts, receipts for deposits and all other papers or documents maintained by Service Provider and which pertain exclusively to such Service; provided that Service Provider may retain archival copies of material provided to Service Recipient pursuant to this Section 6.2.
ARTICLE 7.
ARTICLE 14.CONFIDENTIALITY
Section 7.1Generally. Each Party agrees: (i) to hold in trust and maintain confidential; (ii) not to disclose to others without prior written approval from the providing Party; (iii) not to use for any purpose, other than such purpose as may be authorized in writing by the providing Party; and (iv) to prevent duplication of and disclosure to any other party, any information received from the providing Party or developed, presently held or continued to be held, or otherwise obtained by the receiving Party under this Agreement. Such information includes all results of any Services provided hereunder, information disclosed by either Party orally, visually, in writing or in other tangible form, and includes all nonpublic or proprietary information of any nature (including prices, trade secrets, technological know-how, data and all other nonpublic or proprietary concepts, methods of doing business, ideas, materials or information), and all information derived from any nonpublic or proprietary information.
Section 7.2Exceptions. The foregoing obligations of confidence, nondisclosure and nonuse shall not apply to any information that: (i) was in the public domain at the time of disclosure by one Party to the other;
Exhibit C - 5
(ii) enters the public domain through no fault of the disclosing Party; (iii) was communicated to one Party by a third party free of any obligation of confidence known to the recipient; or (iv) was developed by officers, employees or agents of or consultants to one Party independently of and without reference to the proprietary information of another Party, and, in the case of the disclosing Party, was not developed while performing under this Agreement. Specific information shall not be deemed to come under the above exceptions merely because it is embraced by more general information that is or becomes public knowledge.
Section 7.3Required Disclosure. The receiving Party may disclose the providing Party’s information to the extent necessary or convenient and appropriate to attorneys of litigants or to Governmental Authorities to comply with any obligation imposed on the receiving Party in connection with a proceeding in a court or other Governmental Authority of competent jurisdiction, provided that the receiving Party gives reasonably prompt notice to the providing Party of the need for such disclosure, together with such other information about the proceeding as will enable the providing Party to evaluate the obligation and the need and to elect either to intervene or otherwise appear or act in the proceeding to protect directly the providing Party’s information at the expense of the providing Party. Alternatively, the providing Party may request the receiving Party to, and if so requested, the receiving Party shall, make a reasonable and diligent effort at the expense of the providing Party to obtain a protective order or otherwise to protect the confidentiality of information sought to be obtained in said proceeding.
Section 7.4Length of Confidentiality Obligation. Each Party agrees to maintain and protect the confidentiality of the information of the providing Party as set forth in this Article 7 for a period of five years from the date of termination of this Agreement.
ARTICLE 8.
INDEMNITY
Section 8.1Service Recipient’s Indemnification for Third Party Claims.
(a) Service Recipient agrees, to the fullest extent permitted by Laws, to indemnify, defend and hold harmless the Service Provider and its Affiliates against and from all Damages caused by or arising out of or resulting from the provision of Services pursuant to this Agreement, but only to the extent such Damages are not attributable to (i) any breach of this Agreement by the Service Provider or (ii) the gross negligence or willful misconduct of the Service Provider. Service Recipient shall periodically reimburse any Person entitled to indemnity under this Article VIII for its legal and other expenses incurred in connection with defending any claim with respect to such Damages.
(b) The indemnification procedures applicable to this Agreement shall be the same indemnification procedures set forth in Section 12.3 of the Purchase Agreement except that all references to Section 12.2, 12.2(e) or Article 12 in Section 12.3 of the Purchase Agreement shall, solely for the purposes of this Agreement, be deemed as references to Section 8.1(a) of this Agreement.
ARTICLE 9.
MISCELLANEOUS
Section 9.1Counterparts. This Agreement may be executed in counterparts, each of which shall be deemed an original instrument, but all such counterparts together shall constitute but one agreement.
Exhibit C - 6
Section 9.2Notices. All notices that are required or may be given pursuant to this Agreement shall be sufficient in all respects if given in writing, in English and delivered personally, by telecopy or by recognized courier service, as follows:
| | | | |
| | If to DEPI: | | Consolidated Natural Gas Company |
| | | | 120 Tredegar Street |
| | | | Richmond, Virginia 23219 |
| | | | Attention: Christine M. Schwab |
| | | | Telephone: (804) 819-2142 |
| | | | Facsimile: (804) 819-2214 |
| | | | |
| | With a copy to: | | Dominion Resources, Inc. |
| | | | 120 Tredegar Street |
| | | | Richmond, Virginia 23219 |
| | | | Attention: Mark O. Webb |
| | | | Telephone: (804) 819-2140 |
| | | | Telecopy: (804) 819-2202 |
| | |
| | and with a copy to: | | Baker Botts L.L.P. |
| | | | 910 Louisiana Street |
| | | | Houston, Texas 77002 |
| | | | Attention: David F. Asmus |
| | | | Telephone: (713) 229-1539 |
| | | | Telecopy: (713) 229-2839 |
| | |
| | If to Purchaser: | | |
| | | | Eni Petroleum Co. Inc. |
| | | | 1201 Louisiana Street, Suite 3500 |
| | | | Houston, Texas 77002 |
| | | | Attention: Roberto Dall’Omo |
| | | | Telephone: (713) 393-6111 |
| | | | Telecopy: (713) 393-6212 |
| | |
| | With a copy to: | | Eni Petroleum Co. Inc. |
| | | | 1201 Louisiana Street, Suite 3500 |
| | | | Houston, Texas 77002 |
| | | | Attention: Susan Lindberg |
| | | | Telephone: (713) 393-6146 |
| | | | Telecopy: (713) 393-6203 |
| | |
| | and with a copy to: | | Bracewell & Giuliani LLP |
| | | | 711 Louisiana Street |
| | | | Houston, Texas 77002 |
| | | | Attention: James McAnelly III |
| | | | Telephone: (713) 221-1194 |
| | | | Telecopy: (713) 222-3241 |
Either Party may change its address for notice by notice to the other in the manner set forth above. All notices shall be deemed to have been duly given at the time of receipt by the Party to which such notice is addressed.
Section 9.3Governing Law and Venue. This Agreement and the legal relations between the Parties shall be governed by and construed in accordance with the laws of the State of Texas, without regard to principles of conflicts of laws that would direct the application of the laws of another jurisdiction.
Section 9.4Dispute Resolution. Each Party to this Agreement agrees that it shall bring any action or proceeding in respect of any claim arising out of or related to this Agreement, whether in tort or contract or at law or in equity, exclusively in any Federal or state court in the State of New York and solely in connection with claims arising under such agreement or instrument or the transactions contained in or contemplated by such agreement or instrument, (i) irrevocably submits to the exclusive jurisdiction of such courts, (ii) waives any objection to laying venue in any such action or proceeding in such courts, (iii) waives any objection that such courts are an inconvenient forum or do not have jurisdiction over it and (iv) agrees that service of process upon it may be effected by mailing a
Exhibit C - 7
copy thereof by registered or certified mail (or any substantially similar form of mail), postage prepaid, to it at its address specified in Section 9.2. The foregoing consents to jurisdiction and service of process shall not constitute general consents to service of process in the State of New York for any purpose except as provided herein and shall not be deemed to confer rights on any Person other than the parties to this Agreement. Each of the Parties to this Agreement hereby knowingly and intentionally, irrevocably and unconditionally waives trial by jury in any legal action or proceeding relating to this Agreement and for any counterclaim therein.
Section 9.5Captions. The captions in this Agreement are for convenience only and shall not be considered a part of or affect the construction or interpretation of any provision of this Agreement.
Section 9.6Waivers. Any failure by any Party to comply with any of its obligations, agreements or conditions herein contained may be waived by the Party to whom such compliance is owed by an instrument signed by the Party to whom compliance is owed and expressly identified as a waiver, but not in any other manner. No waiver of, or consent to a change in, any of the provisions of this Agreement shall be deemed or shall constitute a waiver of, or consent to a change in, other provisions hereof (whether or not similar), nor shall such waiver constitute a continuing waiver unless otherwise expressly provided.
Section 9.7Assignment. No Party shall assign or otherwise transfer all or any part of this Agreement, nor shall any Party delegate any of its rights or duties hereunder, without the prior written consent of the other Party and any transfer or delegation made without such consent shall be void; provided, however, Purchaser acknowledges that certain Services required to be provided by DEPI may be provided by third Persons and certain Services required to be provided by Purchaser to DEPI may be for the benefit of one or more third Persons. Subject to the foregoing, this Agreement shall be binding upon and inure to the benefit of the Parties hereto and their respective successors and assigns.
Section 9.8Entire Agreement. This Agreement and the Schedules attached hereto constitute the entire agreement among the Parties pertaining to the subject matter hereof, and supersede all prior agreements, understandings, negotiations and discussions, whether oral or written, of the Parties pertaining to the subject matter hereof.
Section 9.9Amendment. This Agreement may be amended or modified only by an agreement in writing signed by DEPI and Purchaser and expressly identified as an amendment or modification.
Section 9.10No Third-Person Beneficiaries. Nothing in this Agreement shall entitle any Person other than Purchaser and DEPI to any claim, cause of action, remedy or right of any kind.
Section 9.11References.
In this Agreement:
(a) References to any gender includes a reference to all other genders;
(b) References to the singular includes the plural, and vice versa;
(c) Reference to any Article or Section means an Article or Section of this Agreement;
(d) Reference to any Schedule means a Schedule to this Agreement, all of which are incorporated into and made a part of this Agreement;
(e) Unless expressly provided to the contrary, “hereunder”, “hereof”, “herein” and words of similar import are references to this Agreement as a whole and not any particular Section or other provision of this Agreement;
(f) References to “$” or “dollars” means United States dollars; and
Exhibit C - 8
(g) “Include” and “including” shall mean include or including without limiting the generality of the description preceding such term.
Section 9.12Construction. Each of DEPI and Purchaser has had the opportunity to exercise business discretion in relation to the negotiation of the details of the transaction contemplated hereby. This Agreement is the result of arm’s-length negotiations from equal bargaining positions. It is expressly agreed that this Agreement shall not be construed against any Party, and no consideration shall be given or presumption made, on the basis of who drafted this Agreement or any particular provision thereof.
Section 9.13Limitation on Damages. Notwithstanding anything to the contrary contained herein, none of Purchaser, DEPI or any of their respective Affiliates shall be entitled to consequential, special or punitive damages in connection with this Agreement and the transactions contemplated hereby (other than consequential, special or punitive damages suffered by third Persons for which responsibility is allocated between the Parties) and each of Purchaser and DEPI, for itself and on behalf of its Affiliates, hereby expressly waives any right to consequential, special or punitive damages in connection with this Agreement and the transactions contemplated hereby; provided, however, the foregoing limitation shall not apply to any consequential, special or punitive damages asserted by or awarded to a third party for which a Party to this Agreement would have an indemnity, defense, or hold harmless obligation under Section 8.1.
Section 9.14Relationship of the Parties. Nothing stated in this Agreement shall be construed to make any Service Provider an agent (except with respect to the handling of cash by a Service Provider on behalf of a Service Recipient), partner, or joint-venturer of or with a Service Recipient. No employee, contractor or agent of a Service Provider shall represent itself to third persons to be other than an independent contractor of the Service Recipient, nor shall a Service Provider permit himself to offer or agree to incur or assume any obligations or commitments in the name of Service Recipient or for Service Recipient without the prior consent and authorization of the Service Recipient.
Section 9.15No Fiduciary Duty. It is expressly understood and agreed that this Agreement is a purely commercial transaction between the Parties and that nothing stated herein shall operate to create any fiduciary duty which a Party shall owe to the other Party, except with respect to the handling of cash by a Service Provider on behalf of a Service Recipient.
Exhibit C - 9
IN WITNESS WHEREOF, this Agreement has been signed by each of the Parties as of the date first above written.
| | | | |
DEPI: | | DOMINION EXPLORATION & PRODUCTION, INC. |
| | |
| | Name: | | |
| | Title: | | |
| |
PURCHASER: | | ENI PETROLEUM CO. INC. |
| | |
| | Name: | | |
| | Title: | | |
Exhibit C - 10
SCHEDULE 1.1 TO EXHIBIT C
DEPI SERVICES
1. | Accounting, Finance, Marketing and Administrative Matters |
| 1.1 | Accounting, Finance, Marketing and Administrative Services |
| (a) | Start Date. Closing Date. |
| (b) | End Date. One hundred and fifty (150) days following the Closing Date. |
| (c) | Services. The following services with respect to the E&P Business: |
| 1. | Revenue Accounting Services; |
| 2. | Production Administration Services; |
| 3. | Marketing and Marketing Administration Services; |
| 4. | Land Administration Services; |
| 5. | Joint Interest Accounting and Audit Services; |
| 6. | Property Accounting Services; |
| 7. | Accounts Payable Services; |
| 8. | Financial and General Accounting Services; |
| 9. | Supply Chain Management Services; and |
| 10. | Planning and Budgeting Services. |
| (d) | Compensation. 1.5 multiplied by the Hourly Labor Cost of the personnel providing the service multiplied by the number of hours in a relevant month such personnel spent providing such services, plus all actual out-of-pocket, third party or AFE costs incurred by DEPI or its Affiliates in such month in providing such services. “Hourly Labor Cost” means (i) for salaried personnel, the annual base salary of the personnel providing the service, divided by 2080 hours, and (ii) for hourly personnel, the hourly base pay of the personnel providing the service. |
2. | Information Technology Matters |
| 2.1 | Transferred IT System Services |
| (e) | Start Date. On or prior to the Closing Date. |
| (f) | End Date. The earlier to occur of (i) the successful test of each Transferred IT System, or (ii) one hundred and fifty (150) days following the Closing Date. |
| (g) | Services. The following services with respect to the E&P Business: |
| 1. | Cooperate with and assist in efforts to segregate, install, implement and provide consulting services for the software and applications set forth on Schedule A (including the hardware, software and applications, each a “Transferred IT System”); and |
Exhibit C - 11
| 2. | Test each Transferred IT System for successful functionality and demonstrate functionality consistent with historical functionality. |
| (h) | Compensation. All actual out-of-pocket, third party or AFE costs incurred by DEPI or its Affiliates in providing such services. |
| 2.2 | Transition IT System Services |
| (a) | Start Date. On or prior to the Closing Date. |
| (b) | End Date. The earlier to occur of (i) Purchaser’s acquisition of a separate license (or an adequate replacement system) with respect to such Transition IT System, or (ii) one hundred and fifty (150) days following the Closing Date. |
| (c) | Services. The following services with respect to the E&P Business: |
| 1. | Cooperate with and assist in Purchaser’s efforts to obtain a separate license (or an adequate replacement system) for each of the software and applications set forth on Schedule B (each a “Transition IT System”). Purchaser acknowledges that in the case of each Transition IT System licensed to DEPI or its Affiliates, the consent of the licensor of such Transition IT System may be required to provide Purchaser any use or access to such Transition IT System and DEPI’s obligations under this Agreement are limited to using commercially reasonable efforts to obtain such consent. The failure to obtain such consent shall not be a breach of this Agreement. Any costs or fees to obtain such consent shall be borne by Purchaser. |
| (d) | Compensation. All actual out-of-pocket, third party or AFE costs incurred by DEPI or its Affiliates in providing such services. |
| 2.3 | Other IT-Related Services |
| (a) | Start Date. On or prior to the Closing Date provided Purchaser’s notice of its desire for such services to be performed was given to DEPI with adequate time for DEPI to prepare for the performance of such services. |
| (b) | End Date. One hundred and fifty (150) days following the Closing Date. |
| (c) | Services. The following services with respect to the E&P Business: |
| 1. | Other IT-related services required by Purchaser that have been negotiated and agreed to by DEPI and Purchaser prior to the Closing Date. |
| (d) | Compensation. 1.5 multiplied by the Hourly Labor Cost of the personnel providing the service multiplied by the number of hours in a relevant month such personnel spent providing such services, plus all actual out-of-pocket, third party or AFE costs incurred by DEPI or its Affiliates in such month in providing such services. |
| (a) | Start Date. Closing Date. |
Exhibit C - 12
| (b) | End Date. Ninety (90) days following the Closing Date; provided, however, if the litigation existing as of the Closing Date remains ongoing, DEPI shall extend such services until the conclusion of such litigation. |
| (c) | Services. The following services with respect to the E&P Business: |
| 1. | Make available (A) personnel for consultation on, and (B) historical records that are not otherwise included in the Assets transferred to Purchaser regarding, ongoing litigation matters relating to or affecting Purchaser, its Affiliates or the E&P Business on which such personnel have relevant familiarity and experience. |
| (d) | Compensation. 1.5 multiplied by the Hourly Labor Cost of the personnel providing the service multiplied by the number of hours in a relevant month such personnel spent providing such services, plus all actual out-of-pocket, third party or AFE costs incurred by DEPI or its Affiliates in such month in providing such services. |
| 3.2 | Master Service Contract Services |
| (a) | Start Date. Closing Date. |
| (b) | End Date. Ninety (90) days following the Closing Date. |
| (c) | Services. The following services with respect to the E&P Business: |
| 1. | Cooperate with and assist in Purchaser’s efforts to obtain replacement master service contracts and/or split master service contracts currently being used in the E&P Business that are not being conveyed to Purchaser. Purchaser acknowledges that in the case of each master service contract to which DEPI or its Affiliates is a party, the consent of the counterparty to such master service contract may be required to replace or split such master service contract and DEPI’s obligations under this Agreement are limited to using commercially reasonable efforts to obtain such consent. The failure to obtain such consent shall not be a breach of this Agreement. Any costs or fees to obtain such consent shall be borne by Purchaser. |
| (d) | Compensation. All actual out-of-pocket, third party or AFE costs incurred by DEPI or its Affiliates in providing such services. |
| 3.3 | Dual Contracts Services |
| (a) | Start Date. Closing Date. |
| (b) | End Date. The earlier to occur of (i) the successful segregation, split, division or other allocation of each Dual Contract, or (ii) ninety (90) days following the Closing Date. |
| (c) | Services. The following services with respect to the E&P Business: |
| 1. | Cooperate with and assist in efforts to segregate, split, divide or otherwise allocate contracts that apply to both the E&P Business and the Retained Businesses (the “Dual Contracts”) between the E&P Business and the Retained Businesses. Purchaser acknowledges that in the case of each Dual Contract, the consent of the counterparty to such Dual Contract may be required to segregate, |
Exhibit C - 13
| split, divide or otherwise allocate such Dual Contract and DEPI’s obligations under this Agreement are limited to using commercially reasonable efforts to obtain such consent. The failure to obtain such consent shall not be a breach of this Agreement. Any costs or fees to obtain such consent shall be borne by Purchaser. |
| (d) | Compensation. All actual out-of-pocket, third party or AFE costs incurred by DEPI or its Affiliates in providing such services. |
Exhibit C - 14
SCHEDULE A TO SCHEDULE 1.1 TO EXHIBIT C
TRANSFERRED SOFTWARE
Non-Proprietary Software
| | | | |
| | Application | | Profile |
| | OSI PI Software | | Real time production data |
| | EasyCopy on PC | | Screen Capture |
| | EasyCopy on Unix | | Screen Capture |
| | Autocad LT and Map 2004 | | Drafting |
| | MicroStation | | Offshore Mapping. |
| | Intellex | | Offshore Mapping. |
| | ER Mapper | | Mapping |
| | Earthwave | | G&G application |
| | oil wat/gaswat | | G&G application |
| | CNGPLOT/Quickplot | | Inhouse |
| | DrillWorks | | Drilling Engineering application |
| | DrillWorks/Predict | | Drilling Engineering application |
| | Plotshop | | plotting |
| | OWL | | Well & Lease data Management |
| | SDL | | Seismic Data Loader |
| | VoxelGeo/Explorer SGMV | | G&G application |
| | Eclipse | | G&G application |
| | Petrel | | G&G application |
| | Imoss | | G&G application |
| | Insight2000 | | Screen Capture |
| | Mapscript | | Drafting |
| | Mathematica | | Engineering application |
| | Resolve | | Drafting |
| | WellCat | | Engineering application |
Proprietary Software
| | | | |
| | Application | | Application Description |
| | Base Map | | Base Map |
| | Exploration Information Systems (EIS) | | Exploration Information Systems (EIS) |
| | Quick Map | | Quick Map |
| | Well Header | | Well Header |
Exhibit C - 15
SCHEDULE B TO SCHEDULE 1.1 TO EXHIBIT C
TRANSITION SOFTWARE
1) Primary Administrative Applications used by the E&P Business and the Retained Businesses:
| | |
Source | | Profile Summary |
E&P Business Intelligence Data | | • Cognos / Business Objects databases in Houston |
| |
E&P Portal | | • Business Unit Web Portal (Proprietary) |
| |
Paybase [Bottomline] | | • Check printing |
| |
Tracker | | • Escheat processing |
| |
Business Objects | | • Used by Appalachia and by the new E&P |
2) Primary Nonproprietary Operations Applications used by the E&P Business and the Retained Businesses:
| | |
Source | | Profile Summary |
Bengal | | • Consists of the following components: • AFE • PERC • Rig Scheduler |
Data Marts | | • Consists of the following components: • Tobin • P2 Production • Operations Data Store (Proprietary) |
ESRI | | • Consists of the following components: • ArcGIS • ArcSDE |
Filenet | | • Consists of the following components: • Imaging • BPM • E-Forms |
Landmark | | • Consists of the following components: • G&G Flagship • Data Management • DecisionSpace • GeoGraphix • Economics • Production Engineering • Drilling Engineering • OpenWells |
OpenLink Marketing | | • Tracks marketing contracts and pricing |
Exhibit C - 16
| | |
Source | | Profile Summary |
P2 Enterprise Upstream | | • Consists of the following components: • Revenue Accounting • Production Management • Field Operations • Dominoe • Market Accounting • Regulatory Reporting |
P2 Tobin Land | | • Consists of the following components: • Lease Data • Domain • Contracts • Well Info • Directory • Lease Cost • Dominoe |
Petra | | • Geological & Engineering tool |
| |
PGAS | | • Captures gas measurement SCADA data |
| |
SAP | | • Consists of the following components: • Finance • Supply • HR |
SCADA | | • Consists of the following components: • Ferguson-Beauregard • Total Flow • Costal Flow • Wonderware • PI |
Well Data Management | | • Consists of the following components: • PIDM • Interlogix • LogArc |
3) Various secondary applications from various vendors used by the E&P Business and the Retained Businesses.
4) Various proprietary software of Sellers and their Affiliates used by the E&P Business and the Retained Businesses.
Exhibit C - 17
SCHEDULE 1.5 TO EXHIBIT C
DEPI REPRESENTATIVES
[to come]
Exhibit C - 18
SCHEDULE 2.1 TO EXHIBIT C
PURCHASER SERVICES
1. | Accounting, Finance, Marketing and Administrative Matters |
| 1.1 | Accounting, Finance, Marketing and Administrative Services |
| (a) | Start Date. Closing Date. |
| (b) | End Date. One hundred and fifty (150) days following the Closing Date. |
| (c) | Services. The following services with respect to the Retained Businesses: |
| 1. | Revenue Accounting Services; |
| 2. | Production Administration Services; |
| 3. | Marketing and Marketing Administration Services; |
| 4. | Land Administration Services; |
| 5. | Accounts Payable Services; and |
| 6. | Supply Chain Management Services. |
| (d) | Compensation. 1.5 multiplied by the Hourly Labor Cost of the personnel providing the service multiplied by the number of hours in a relevant month such personnel spent providing such services, plus all actual out-of-pocket, third party or AFE costs incurred by Purchaser or its Affiliates in such month in providing such services. |
2. | Information Technology Matters |
| 2.1 | Other IT-Related Services |
| (a) | Start Date. On or prior to the Closing Date, provided DEPI’s notice of its desire for such services to be performed was given to Purchaser with adequate time for Purchaser to prepare for the performance of such services. |
| (b) | End Date. One hundred and fifty (150) days following the Closing Date. |
| (c) | Services. The following services with respect to the Retained Businesses: |
| 1. | Other IT-related services required by DEPI or its Affiliates that have been negotiated and agreed to by DEPI and Purchaser prior to the Closing Date. |
| (d) | Compensation. 1.5 multiplied by the Hourly Labor Cost of the personnel providing the service multiplied by the number of hours in a relevant month such personnel spent providing such services, plus all actual out-of-pocket, third party or AFE costs incurred by Purchaser or its Affiliates in such month in providing such services. |
| (a) | Start Date. Closing Date. |
Exhibit C - 19
| (b) | End Date. Ninety (90) days following the Closing Date; provided, however, if the litigation existing as of the Closing Date remains ongoing, Purchaser shall extend such services until the conclusion of such litigation. |
| (c) | Services. The following services with respect to the Retained Businesses: |
| 1. | Make available (A) personnel for consultation on, and (B) historical records that were transferred to Purchaser regarding, ongoing litigation matters relating to or affecting DEPI, its Affiliates or the Retained Businesses on which such personnel have relevant familiarity and experience. |
| (d) | Compensation. 1.5 multiplied by the Hourly Labor Cost of the personnel providing the service multiplied by the number of hours in a relevant month such personnel spent providing such services, plus all actual out-of-pocket, third party or AFE costs incurred by Purchaser or its Affiliates in such month in providing such services. |
| 3.2 | Office Space and Services |
| (a) | Start Date. Closing Date. |
| (b) | End Date. The earlier to occur of (i) the date that the Retained Businesses employees have been permanently relocated by DEPI, or (ii) one hundred and fifty (150) days following the Closing Date. |
| (c) | Services. The following services with respect to the Retained Businesses: |
| 1. | Sublease, or enter into a use agreement for, approximately 14,500 square feet of office space for the Retained Businesses employees that are located in the New Orleans office space of the E&P Business as of the Closing Date. |
| 2. | Provide the Retained Businesses employees that are located in the New Orleans office space of the E&P Business as of the Closing Date with basic office services including, but not limited to computer equipment, supplies, phone and internet service. |
| (d) | Compensation. $15.50 per square foot of office space, plus 1.5 multiplied by the Hourly Labor Cost of the personnel providing the service multiplied by the number of hours in a relevant month such personnel spent providing such services, plus all actual out-of-pocket, third party or AFE costs incurred by Purchaser or its Affiliates in such month in providing such services. |
| 3.3 | Management and Sale Services Regarding Excluded GOM Interests |
| (a) | Start Date. Closing Date. |
| (b) | End Date. The earlier to occur of (i) the closing of the sale of the interest of Dominion Oklahoma Texas Exploration & Production, Inc. and Dominion Natural Gas I, L.P. in and to those Gulf of Mexico Leases described on Schedule A, and the Company Contracts, Company Equipment, Company Records and other Company Assets used or held for use in connection therewith (the “Excluded GOM Interests”), or (ii) ninety (90) days following the Closing Date. |
| (c) | Services. The following services with respect to the Excluded GOM Interests: |
| 1. | Operate, manage and administer the Excluded GOM Interests in substantially the same manner as such interests were managed prior to the Closing Date by the E&P Business on behalf of, for the benefit of, and at the cost of, DEPI, recognizing that DEPI is acting on behalf of Consolidated Natural Gas Company (“CNG”). |
Exhibit C - 20
| 2. | Cooperate with and assist CNG in the sale of the Excluded GOM Interests, including, without limitation, (A) taking direction from CNG with respect thereto, (B) cooperating and assisting with due diligence, (C) permitting CNG, DEPI, their respective representatives and potential transferees access to the Excluded GOM Interests, and (D) executing instruments as requested to effect such sale. |
| (d) | Compensation. 1.5 multiplied by the Hourly Labor Cost of the personnel providing the service multiplied by the number of hours in a relevant month such personnel spent providing such services, plus all actual out-of-pocket, third party or AFE costs incurred by Purchaser or its Affiliates in providing such services. |
| 3.4 | Dual Contracts Services |
| (a) | Start Date. Closing Date. |
| (b) | End Date. The earlier to occur of (i) the successful segregation, split, division or other allocation of each Dual Contract, or (ii) ninety (90) days following the Closing Date. |
| (c) | Services. The following services with respect to the Retained Businesses: |
| 1. | Cooperate with and assist in efforts to segregate, split, divide or otherwise allocate the Dual Contracts between the E&P Business and the Retained Businesses. |
| (d) | Compensation. Not applicable. |
Exhibit C - 21
SCHEDULE A TO SCHEDULE 2.1 TO EXHIBIT C
EXCLUDED GOM INTERESTS
All right, title and interest of Dominion Oklahoma Texas Exploration and Production, Inc. (“DOTEPI”) and Dominion Natural Gas I, L.P. (“DNGI”) to their businesses in the Outer Continental Shelf and the state waters of Texas, Louisiana, Mississippi and Alabama in the Gulf of Mexico, including the interests of DOTEPI and DNGI in and to the leases described below and all interests of DOTEPI and DNGI associated with such leases:
| | | | | | |
Lease Number | | Lessor Description | | Prospect Name | | Prospect Code |
LA5005002318 | | State of Louisana 4865 | | Brenton Snd Blk 31 | | PR500500 |
| | | |
TX9039070001 | | State of Texas 33100 | | Encinal Channel | | PR903907 |
| | | |
TX9039070002 | | State of Texas 33105 | | Encinal Channel | | PR903907 |
| | | |
TX9039050001 | | State of Texas M-33106 | | Corpus Christi, East | | PR903905 |
| | | |
TX9039280001 | | State of Texas 32973 | | Corpus Christi, West | | PR903928 |
| | | |
TX9038310001 | | OCS-G 12564 | | High Island Block 45 | | PR903831 |
| | | |
TX9038350001 | | State of Texas M-96904 | | High Island Tract 98-L | | PR903835 |
| | | |
TX9038350002 | | State of Texas M-96905 | | High Island Tract 98-L | | PR903835 |
| | | |
TX9010470001 | | OCS-G 2739 | | High Island 339-340 | | PR901047 |
| | | |
TX9010460004 | | OCS-G- 2705 | | High Island 545-548 | | PR901046 |
| | | |
LA4036002628 | | OCS-G 10988 | | West Delta Offshore Field | | PR403600 |
| | | |
LA5019002319 | | OCS-G 1269 | | Timbalier, S. Hi Blk 203 | | PR501900 |
| | | |
LA4036000617 | | OCS-G 1604 | | West Delta Offshore Field | | PR403600 |
| | | |
EXPIRED | | State of Texas M-96457* | | Brazos 404-L | | EXPIRED |
| | | |
EXPIRED | | OCS-G 2426* | | High Island 340 | | EXPIRED |
| | | |
EXPIRED | | OCS-G 2706* | | High Island 548 | | EXPIRED |
| | | |
EXPIRED | | State of Texas M99202* | | GA SL-183 L, SE/4 | | EXPIRED |
| | | |
EXPIRED | | State of Texas M101018* | | GA SL-186 L, SE/4 | | EXPIRED |
| | | |
EXPIRED | | State of Texas M-68922* | | State Tract 367 | | EXPIRED |
| | | |
EXPIRED | | OCS-G 5668* | | West Delta 17 | | EXPIRED |
* | Leases noted with an asterisk have expired, but DOTEPI and DNGI retain certain plugging and abandonment obligations with respect thereto. |
Exhibit C - 22
SCHEDULE 2.5 TO EXHIBIT C
PURCHASER REPRESENTATIVES
[to come]
Exhibit C - 23
ATTACHEDTOANDMADEPARTOFTHATCERTAIN OFFSHORE PACKAGE PURCHASE AGREEMENTBYANDBETWEEN
DOMINION EXPLORATION & PRODUCTION, INC.AND ENI PETROLEUM CO. INC.
EXHIBIT D
[RESERVED]
Exhibit D - 1
ATTACHEDTOANDMADEPARTOFTHATCERTAIN OFFSHORE PACKAGE PURCHASE AGREEMENTBYANDBETWEEN
DOMINION EXPLORATION & PRODUCTION, INC.AND ENI PETROLEUM CO. INC.
EXHIBIT E
FORM OF DOMINION RESOURCES, INC. GUARANTEE
GUARANTEE
This Guarantee (this “Guarantee”) is made and entered into this day of by and between Dominion Resources, Inc., a Virginia corporation (the “Guarantor”) and Eni Petroleum Co. Inc., a Delaware corporation, (the “Purchaser”).
1.Guarantee. Guarantor hereby unconditionally and irrevocably guarantees to Purchaser the prompt payment and punctual performance of the obligations of Dominion Exploration & Production, Inc., a Delaware corporation (the “Seller”), under that certain Offshore Package Purchase Agreement dated , 2007 by and between Seller and Purchaser including, without limitation, the exhibits thereto and all other agreements to be expressly executed under the terms thereof (collectively, the “Agreement”) in accordance with the terms and conditions thereof (the “Obligations”). This Guarantee shall remain in full force and effect until Seller has fully discharged all of the Obligations, and for four months thereafter, subject to the provisions of Section 3 hereof. For purposes of this Guarantee, “Purchaser” shall also include any Affiliate designated by Purchaser pursuant to Section 8.2 of the Agreement.
2.Enforcement. Guarantor’s obligations are primary obligations and not those of a mere surety. Upon default by Seller with respect to any of the Obligations, Purchaser shall have no obligation to proceed against Seller, and may proceed directly against Guarantor without proceeding against Seller or any other person or pursuing any other remedy. Guarantor agrees to reimburse Purchaser for all costs and expenses (including without limitation court and arbitration costs and reasonable attorneys’ fees) incurred by Purchaser in connection with the enforcement of Purchaser’s rights under this Guarantee.
3.Invalidation of Payments. As a separate, independent and alternative stipulation, Guarantor irrevocably and unconditionally agrees as a primary obligation to indemnify Purchaser from time to time on demand from and against any loss incurred by Purchaser as a result of any of the Obligations not being paid or performed in the manner required under the Agreement by the date due or being or becoming void, voidable or unenforceable for any reason whatsoever, whether known or unknown to Purchaser or Seller, the amount of such loss being the amount which Purchaser would otherwise be entitled to recover from Seller under the Agreement with respect to such Obligations and provided that recovery shall be without duplication to recovery under other provisions of this Guarantee. Guarantor’s obligations hereunder shall not be affected by the commencement of any proceedings by or against Seller under the Bankruptcy, Code (U.S.C. Title 11) or any other liquidation, conservatorship, bankruptcy, moratorium, rearrangement, receivership, insolvency, reorganization or similar debtor relief laws affecting the rights of creditors generally, any stay or ruling thereunder, or the disallowance of any claim thereunder. If all or any part of any payment to or for the benefit of Purchaser in respect of the Obligations shall be invalidated, declared to be fraudulent or preferential, set aside or required for any reason to be repaid or paid to a trustee, receiver or other third party, then Obligations which otherwise would have been satisfied by that payment or partial payment shall be revived and continue in full force and effect as if that payment had not been made. Guarantor shall be fully and primarily liable for such Obligations and indemnifies Purchaser accordingly.
4.Waiver of Defenses. Purchaser may, without notice to or consent of Guarantor (a) extend or alter, together with Seller, the time, manner, place or terms of payment or performance of the Obligations, (b) waive, or, together with Seller, amend any terms of the Agreement, (c) release Seller from any or all Obligations, or (d) release any other guarantee or security for the Obligations, without in any way changing, releasing or discharging Guarantor from liability hereunder. Guarantor hereby waives any defenses which Seller or any other person liable for the Obligations may have or assert regarding (i) the insolvency, bankruptcy, liquidation or dissolution of Seller or such other person or (ii) the invalidity, illegality, voidability or unenforceability of all or any
Exhibit E- 1
portion of the Obligations as a result of ultra vires or other lack of authority, defective incorporation or other organizational deficiencies or similar types of defenses. Guarantor further waives notice of the acceptance of this Guarantee, presentment, demand, protest, and notices of protest, nonpayment, default or dishonor of the Obligations, and all other notices or demands of any kind or nature whatsoever with respect to the Obligations, as well as the benefits of Chapter 34 of the Texas Business and Commerce Code and Rule 31 of the Texas Rules of Civil Procedures, and of any similar statutes. Nothing in this Guarantee shall limit or otherwise affect the rights of Seller under the terms of the Agreement.
5.Representation and Warranties. Guarantor represents and warrants to Purchaser that (a) Guarantor has received, or will receive, direct or indirect benefit from the making of this Guarantee; (b) Guarantor is a corporation duly organized, validly existing and in good standing under the laws of its jurisdiction of incorporation; (c) Guarantor has the requisite corporate power to enter into this Guarantee and to perform its obligations hereunder; (d) the execution, delivery and performance of this Guarantee have been duly and validly authorized by all necessary corporate action on the part of the Guarantee; (e) this Guarantee has been duly executed and delivered by Guarantor and constitutes the valid and binding obligation of Guarantor, enforceable against Guarantor in accordance with its terms, except as such enforceability may be limited by applicable bankruptcy or similar laws affecting the rights and remedies of creditors generally as well as the general principles of equity (regardless of whether such enforceability is considered in a proceeding in equity or at law); and (f) the execution, delivery and performance of this Guarantee will not (i) violate any provision of the certificate of incorporation or bylaws (or other governing instruments) of the Guarantor or (ii) violate any judgment, order, ruling, or regulation applicable to Guarantor, except it will not constitute a misrepresentation or breach of warranty hereunder for any matters described in clause (ii) or clause (g) below to the extent they do not have a material adverse effect on the Guarantor’s ability to fulfill its obligations hereunder; and (g) the execution delivery and performance of this Guarantee by Guarantor will not be subject to any consent, approval or waiver from any Governmental Authority or other third Person.
6.Assignment. This Guarantee and the rights and obligations hereunder shall not be assignable or transferable by Guarantor or Purchaser except with the prior written consent of Purchaser (in the case of an assignment by Guarantor) or Guarantor (in the case of an assignment by Purchaser).
7.Amendments and Waivers. No amendment, modification or waiver in respect of this Guarantee shall be effective unless, in the case of an amendment or modification, such amendment or modification shall be in writing and signed by Guarantor and Purchaser, and, in the case of a waiver, such waiver shall be in writing, specifically refer to this Guarantee and be signed by the person against which such waiver is sought to be enforced.
8.Notices. All notices and other communications shall be in writing and shall be delivered by hand or reputable overnight courier service to the address for Purchaser as set forth in Section 13.2 of the Agreement or, in the case of Guarantor, to the following address:
Dominion Resources, Inc.
120 Tredegar Street
Richmond, Virginia 23219
Attention: Mark O. Webb
Facsimile: (804) 819-2202
Each party may change its address for notice by notice to the other in the manner set forth above. All notices shall be deemed to have been duly given at the time of receipt by the party to which such notice is addressed.
9.Governing Law. This Guarantee shall be governed by and construed in accordance with the laws of the State of Texas, without regard to principles of conflicts of laws that would direct the application of laws of another jurisdiction.
10.Dispute Resolution. Each of Guarantor and Purchaser agrees that it shall bring any action or proceeding in respect of any claim arising out of or related to this Agreement, whether in tort or contract or at law or in equity, exclusively in any Federal or state court in the State of New York and solely in connection with claims
Exhibit E- 2
arising under such agreement or instrument or the transactions contained in or contemplated by such agreement or instrument, (i) irrevocably submits to the exclusive jurisdiction of such courts, (ii) waives any objection to laying venue in any such action or proceeding in such courts, (iii) waives any objection that such courts are an inconvenient forum or do not have jurisdiction over it and (iv) agrees that service of process upon it may be effected by mailing a copy thereof by registered or certified mail (or any substantially similar form of mail), postage prepaid, to it at its address specified in paragraph 8. The foregoing consents to jurisdiction and service of process shall not constitute general consents to service of process in the State of New York for any purpose except as provided herein and shall not be deemed to confer rights on any person other than the parties to this Guarantee. Each of Guarantor and Purchaser hereby knowingly and intentionally, irrevocably and unconditionally waives trial by jury in any legal action or proceeding relating to this Guarantee and for any counterclaim therein.
Exhibit E- 3
EXECUTED on the day of , 2007.
| | |
DOMINION RESOURCES, INC. |
| |
By: | | |
Name: | | |
Title: | | |
|
ENI PETROLEUM CO. INC. |
| |
By: | | |
Name: | | |
Title: | | |
Exhibit E- 4
ATTACHEDTOANDMADEPARTOFTHATCERTAIN OFFSHORE PACKAGE PURCHASE AGREEMENTBYANDBETWEEN
DOMINION EXPLORATION & PRODUCTION, INC.AND ENI PETROLEUM CO. INC.
EXHIBIT F
FORM OF Eni S.p.A. GUARANTEE
DEED OF GUARANTEE
This Deed of Guarantee (this “Deed”) is made and entered into this day of by and between Eni S.p.A., a company organized under the laws of Italy (the “Guarantor”) and Dominion Exploration & Production, Inc., a Delaware corporation (the “Seller”).
1.Guarantee. Guarantor hereby unconditionally and irrevocably guarantees to Seller the prompt payment and punctual performance of the obligations of Eni Petroleum Co. Inc., a Delaware corporation (the “Purchaser”), under that certain Offshore Package Purchase Agreement dated , 2007 by and between Seller and Purchaser including, without limitation, the exhibits thereto and all other agreements to be expressly executed under the terms thereof (collectively, the “Agreement”) in accordance with the terms and conditions thereof (the “Obligations”). This Deed shall remain in full force and effect until Purchaser has fully discharged all of the Obligations, and for four months thereafter, subject to the provisions of Section 3 hereof. For purposes of this Deed, “Purchaser” shall also include any Affiliate designated by Purchaser pursuant to Section 8.2 of the Agreement.
2.Enforcement. Guarantor’s obligations are primary obligations and not those of a mere surety. Upon default by Purchaser with respect to any of the Obligations, Seller shall have no obligation to proceed against Purchaser, and may proceed directly against Guarantor without proceeding against Purchaser or any other person or pursuing any other remedy. Guarantor agrees to reimburse Seller for all reasonable costs and expenses (including without limitation court and arbitration costs and reasonable attorneys’ fees) directly incurred by Seller in connection with the enforcement of Seller’s rights under this Deed. For the sake of clarity this provision will not cover indirect, punitive or consequential damages suffered by the Seller as a result of any such enforcement.
3.Invalidation of Payments. As a separate, independent and alternative stipulation, Guarantor irrevocably and unconditionally agrees as a primary obligation to indemnify Seller from time to time on demand from and against any loss incurred by Seller as a result of any of the Obligations not being paid or performed in the manner required under the Agreement by the date due or being or becoming void, voidable or unenforceable for any reason whatsoever, whether known or unknown to Seller or Purchaser, the amount of such loss being the amount which Seller would otherwise be entitled to recover from Purchaser under the Agreement with respect to such Obligations and provided that recovery shall be without duplication to recovery under other provisions of this Deed. Guarantor’s obligations hereunder shall not be affected by the commencement of any bankruptcy proceedings by or against Purchaser or any other liquidation, conservatorship, moratorium, rearrangement, receivership, insolvency, reorganization or similar debtor relief laws affecting the rights of creditors generally, any stay or ruling thereunder, or the disallowance of any claim thereunder. If all or any part of any payment to or for the benefit of Seller in respect of the Obligations shall be invalidated, declared to be fraudulent or preferential, set aside or required for any reason to be repaid or paid to a trustee, receiver or other third party, then Obligations which otherwise would have been satisfied by that payment or partial payment shall be revived and continue in full force and effect as if that payment had not been made.
4.Waiver of Defenses. Seller may, without notice to or consent of Guarantor (a) extend or , with the express written agreement of the Purchaser, alter the time, manner, place or terms of payment or performance of the Obligations, (b) waive, or, with the express written agreement of the Purchaser, amend any terms of the Agreement, (c) release Purchaser from any or all Obligations, or (d) release any other guarantee or security for the Obligations, without in any way changing, releasing or discharging Guarantor from liability hereunder. Guarantor hereby waives any defenses which Purchaser or any other person liable for the Obligations may have or assert regarding (i) the insolvency, bankruptcy, liquidation or dissolution of Purchaser or such other person or (ii)
Exhibit F- 1
the invalidity, illegality, voidability or unenforceability of all or any portion of the Obligations as a result of ultra vires or other lack of authority, defective incorporation or other organizational deficiencies or similar types of defenses. Guarantor waives any statutory or common law rights to require Seller to proceed against Purchaser prior to proceeding against Guarantor under this Guarantee. Guarantor waives notice of the acceptance of this Deed, presentment and protest, and notices of protest, nonpayment, default or dishonor of the Obligations, and all other notices or demands of any kind or nature whatsoever with respect to the Obligations other than that with respect to any demand made by Seller under this Deed, Seller makes such demand upon Guarantor in writing and stating the Obligations to which such demand relates. Nothing in this Deed shall limit or otherwise affect the rights of Purchaser under the terms of the Agreement.
5.Representation and Warranties. Guarantor represents and warrants to Seller that (a) Guarantor has received, or will receive, direct or indirect benefit from the making of this Deed; (b) Guarantor is a company duly organized, validly existing and in good standing under the laws of its jurisdiction of incorporation; (c) Guarantor has the requisite corporate power to enter into this Deed and to perform its obligations hereunder; (d) the execution, delivery and performance of this Deed have been duly and validly authorized by all necessary corporate action on the part of the Guarantor; (e) this Deed has been duly executed and delivered by Guarantor and constitutes the valid and binding obligation of Guarantor, enforceable against Guarantor in accordance with its terms, except as such enforceability may be limited by applicable bankruptcy or similar laws affecting the rights and remedies of creditors generally as well as the general principles of equity (regardless of whether such enforceability is considered in a proceeding in equity or at law); (f) the execution, delivery and performance of this Deed will not (i) violate any provision of the certificate of incorporation or bylaws (or other governing instruments) of the Guarantor or (ii) violate any judgment, order, ruling, or regulation applicable to Guarantor, except it will not constitute a misrepresentation or breach of warranty hereunder for any matters described in clause (ii) or clause (g) below to the extent they do not have a material adverse effect on the Guarantor’s ability to fulfill its obligations hereunder; and (g) the execution delivery and performance of this Deed by Guarantor will not be subject to any consent, approval or waiver from any Governmental Authority or other third Person.
6.Assignment. This Deed and the rights and obligations hereunder shall not be assignable or transferable by Guarantor or Seller except with the prior written consent of Seller (in the case of an assignment by Guarantor) or Guarantor (in the case of an assignment by Seller).
7.Amendments and Waivers. No amendment, modification or waiver in respect of this Deed shall be effective unless, in the case of an amendment or modification, such amendment or modification shall be in writing and signed by Guarantor and Seller, and, in the case of a waiver, such waiver shall be in writing, specifically refer to this Deed and be signed by the person against which such waiver is sought to be enforced.
8.Notices. All notices and other communications shall be in writing and shall be delivered by hand or reputable overnight courier service or by facsimile to the address for Seller as set forth in Section 13.2 of the Agreement or, in the case of Guarantor, to the following address:
Eni S.p.A
Piazzale Enrico Mattei 1
00144 Rome, Italy
Attention: Dott. Marco Mangiagalli, Chief Financial Officer
Facsimile: +39 06 5982 2264/+39 02 520 41765
With a copy by facsimile to:
Attention: Dott. Stefano Cao, Chief Operating Officer, Eni S.p.A. – Exploration & Production Division
Facsimile: +39 02 520 61813
Each party may change its address for notice by notice to the other in the manner set forth above. All notices shall be deemed to have been duly given at the time of receipt by the party to which such notice is addressed.
Exhibit F- 2
9.Governing Law. This Deed shall be governed by and construed in accordance with English law, without regard to principles of conflicts of laws that would direct the application of laws of another jurisdiction. The English Contracts (Rights of Third Parties) Act 1999 is hereby excluded and shall not apply to this Deed.
10.Dispute Resolution. The parties agree to refer any disputes under this Deed for final resolution by arbitration under the Rules of the London Court of International Arbitration (“LCIA”) (the “Rules”), which Rules are deemed to be incorporated by reference into this clause. The number of arbitrators shall be three (3), one of whom shall be nominated by the claimant in the request and one of whom shall be nominated by the respondent in the response (provided, however, that in the event of failure to appoint as provided in this Deed, the appointing authority shall be the LCIA Court in accordance with the Rules). The two arbitrators so nominated shall nominate a third arbitrator (provided, however, that in the event the arbitrators cannot so agree within thirty (30) days, the third arbitrator shall be appointed by the LCIA Court in accordance with the Rules). The seat of the arbitration shall be London, England, and the language to be used in the arbitral proceedings shall be English. The arbitrators’ decision shall be final and binding upon Guarantor and Seller, and Guarantor and Seller waive any rights under the Arbitration Act 1996 or otherwise to appeal any arbitration award to, or to seek a determination of a preliminary point of law by, or appeal a point of law to, the English courts. The parties further waive the application of (A) Article 22.1(g) of the Rules (regarding the power of the arbitral tribunal to order correction of a contract), (B) Article 25.1(a) of the Rules (regarding the power of the arbitral tribunal to order respondent parties to provide security for claims), and (C) Article 25.1(c) of the Rules, but only to the extent that that Article would allow the arbitral tribunal to order a provisional payment of money by one party to the other prior to the award.
Exhibit F - 3
IN WITNESS WHEREOF, this Deed has been executed and delivered as a deed by Guarantor to Seller on the date indicated above.
| | |
Executed as a deed by Eni S.p.A. |
acting by : |
| |
By: | | |
Name: | | |
Title: | | |
|
Executed as a deed by DOMINION EXPLORATION & PRODUCTION, INC. |
acting by : |
| |
By: | | |
Name: | | |
Title: | | |
Exhibit F - 4
ATTACHEDTOANDMADEPARTOFTHATCERTAIN OFFSHORE PACKAGE PURCHASE AGREEMENTBYANDBETWEEN
DOMINION EXPLORATION & PRODUCTION, INC.AND ENI PETROLEUM CO. INC.
SCHEDULE 1.2
EXECUTIVES
Richard L. Fowler
Schedule 1.2 - 1
ATTACHEDTOANDMADEPARTOFTHATCERTAIN OFFSHORE PACKAGE PURCHASE AGREEMENTBYANDBETWEEN
DOMINION EXPLORATION & PRODUCTION, INC.AND ENI PETROLEUM CO. INC.
SCHEDULE 1.3
CERTAIN EXCLUDED ASSETS
All of the following shall be Excluded Assets:
| 1. | All software owned by or licensed to Seller and its Affiliates, other than those software systems described on Exhibit A-7. |
| 2. | Letter agreement by and between K. E. Andrews & Company and Seller dated August 8, 2005 regarding the administration of ad valorem taxes for tax year 2006. |
| 3. | Agreement by and between DuCharme, McMillen & Associates and Dominion Oklahoma Texas Exploration and Production, Inc. (“DOTEPI”) and Seller dated December 27, 2006 regarding sales/use tax managed audit services. |
| 4. | All master service contracts to which Seller is a party other than those master service contracts identified on Schedule 1.3(a) (subject to such exclusion, the “Excluded Master Service Contracts”), and all purchase orders issued pursuant to the Excluded Master Service Contracts, other than those purchase orders issued by Seller prior to the Closing pursuant to any Excluded Master Service Contract for services or materials that are to be utilized primarily with respect to the Assets that have not been completed at the time of the Closing. |
| 5. | All training materials related to the Six Sigma program of Seller and its Affiliates. |
| 6. | For the avoidance of doubt, and with the exception of any item set forth on Exhibit A-1, A-2, A-3, A-4, A-5, A-6 or A-7 hereof, all right, title and interest of DOTEPI and Dominion Natural Gas I, L.P. (“DNGI”) to their businesses in the Outer Continental Shelf and the state waters of Texas, Louisiana, Mississippi and Alabama in the Gulf of Mexico, including the interests of DOTEPI and DNGI in and to the leases described below and all interests of DOTEPI and DNGI associated with such leases: |
| | | | | | |
Lease Number | | Lessor Description | | Prospect Name | | Prospect Code |
LA5005002318 | | State of Louisana 4865 | | Brenton Snd Blk 31 | | PR500500 |
| | | |
TX9039070001 | | State of Texas 33100 | | Encinal Channel | | PR903907 |
| | | |
TX9039070002 | | State of Texas 33105 | | Encinal Channel | | PR903907 |
| | | |
TX9039050001 | | State of Texas M-33106 | | Corpus Christi, East | | PR903905 |
| | | |
TX9039280001 | | State of Texas 32973 | | Corpus Christi, West | | PR903928 |
| | | |
TX9038310001 | | OCS-G 12564 | | High Island Block 45 | | PR903831 |
| | | |
TX9038350001 | | State of Texas M-96904 | | High Island Tract 98-L | | PR903835 |
| | | |
TX9038350002 | | State of Texas M-96905 | | High Island Tract 98-L | | PR903835 |
| | | |
TX9010470001 | | OCS-G 2739 | | High Island 339-340 | | PR901047 |
Schedule 1.3 - 1
| | | | | | |
Lease Number | | Lessor Description | | Prospect Name | | Prospect Code |
TX9010460004 | | OCS-G- 2705 | | High Island 545-548 | | PR901046 |
| | | |
LA4036002628 | | OCS-G 10988 | | West Delta Offshore Field | | PR403600 |
| | | |
LA5019002319 | | OCS-G 1269 | | Timbalier, S. Hi Blk 203 | | PR501900 |
| | | |
LA4036000617 | | OCS-G 1604 | | West Delta Offshore Field | | PR403600 |
| | | |
EXPIRED | | State of Texas M-96457* | | Brazos 404-L | | EXPIRED |
| | | |
EXPIRED | | OCS-G 2426* | | High Island 340 | | EXPIRED |
| | | |
EXPIRED | | OCS-G 2706* | | High Island 548 | | EXPIRED |
| | | |
EXPIRED | | State of Texas M99202* | | GA SL-183 L, SE/4 | | EXPIRED |
| | | |
EXPIRED | | State of Texas M101018* | | GA SL-186 L, SE/4 | | EXPIRED |
| | | |
EXPIRED | | State of Texas M-68922* | | State Tract 367 | | EXPIRED |
| | | |
EXPIRED | | OCS-G 5668* | | West Delta 17 | | EXPIRED |
* | Leases noted with an asterisk have expired, but DOTEPI and DNGI retain certain plugging and abandonment obligations with respect thereto. |
| 7. | All proceeds received by DOTEPI and DNGI with respect to the sale of the interests described in item 6 above. |
| 8. | All indemnities and other claims against Persons with respect to any Retained Seller Obligations. |
Schedule 1.3 - 2
ATTACHEDTOANDMADEPARTOFTHATCERTAIN OFFSHORE PACKAGE PURCHASE AGREEMENTBYANDBETWEEN
DOMINION EXPLORATION & PRODUCTION, INC.AND ENI PETROLEUM CO. INC.
SCHEDULE 1.3(a)
MASTER SERVICE CONTRACTS
| | |
Vendor Name | | MSC No |
GLOBAL INDUSTRIES LTD | | 900000468 |
OFFSHORE SPECIALTY FABRICATORS INC | | 900000844 |
RIGDON MARINE CORP | | 900004561 |
KIM SUSAN INC | | 900001476 |
GRAHAM GULF INC | | 900000480 |
SEACOR MARINE INC | | 900001036 |
DELMAR SYSTEMS INC | | 900000305 |
B & J MARTIN INC | | 900000094 |
FAIRFIELD INDUSTRIES INC | | 900000404 |
DIAMOND SERVICES CORP | | 900000313 |
TRICO MARINE OPERATORS INC | | 900001194 |
TIDEWATER MARINE LLC | | 900001165 |
ODYSSEA MARINE INC | | 900000721 |
CHET MORRISON CONTRACTORS INC | | 900000217 |
DIVCON LLC | | 900004416 |
FUGRO CHANCE INC | | 900000635 |
HERCULES LIFTBOAT CO LLC | | 900004347 |
CAL DIVE INTERNATIONAL INC | | 900000177 |
HORNBECK OFFSHORE SERVICES LLC | | 900000551 |
ENVENTURE GLOBAL TECHNOLOGY INC | | 900001862 |
G & J LAND & MARINE FOOD | | 900001761 |
C & G BOATS INC | | 900000173 |
APPLIED COATING SERVICES | | 900004866 |
SOLAR TURBINES INC | | 900001069 |
HORIZON OFFSHORE CONTRACTORS INC | | 900000548 |
C & C TECHNOLOGIES INC | | 900001778 |
OTTO CANDIES LLC | | 900000864 |
EDISON CHOUEST OFFSHORE LLC | | 900000362 |
ABDON CALLAIS OFFSHORE | | 900000013 |
CANDY FLEET CORP | | 900000184 |
DRIL QUIP INC | | 900000338 |
OFFSHORE TOWING INC | | 900000845 |
MANSON GULF LLC | | 900001568 |
OFFSHORE PROCESS SERVICES INC | | 900000843 |
PHOENIX INTERNATIONAL INC | | 900004431 |
CENTURY TECHNICAL SERVICES LLC | | 900002805 |
COCHRANE TECHNOLOGIES INC | | 900000235 |
WOOD GROUP PRESSURE CONTROL INC | | 900000063 |
HARVEY GULF INTERNATIONAL MARINE | | 900000529 |
Schedule 1.3(a) - 1
| | |
Vendor Name | | MSC No |
GULF OFFSHORE LOGISTICS LLC | | 900004151 |
SHELL GLOBAL SOLUTIONS US INC | | 900003636 |
DOLPHIN SERVICES LLC | | 900000326 |
EDG CONSULTING ENGINEERS | | 900003901 |
FUGRO MCCLELLAND MARINE GEOSCIENCES | | 900000434 |
MAC NETT ENVIRONMENTAL SERVICES LLC | | 900000727 |
ANDERGAUGE USA INC | | 900000059 |
MARTIN TERMINAL | | 900000741 |
CENERGY CORP | | 900001501 |
JERRYS WELDING SERVICE INC | | 900001602 |
JAMBON BOAT RENTALS LLC | | 900004796 |
FUGRO GEOSERVICES INC | | 900001756 |
TOTAL OPERATING SERVICES INC | | 900001184 |
RETIF OIL & FUEL | | 900000990 |
CASBARIAN ENGINEERING ASSOCIATES | | 900000890 |
WESTERN WELL TOOL INC | | 900001539 |
MOODY PRICE LLC | | 900000794 |
THRU TUBING SYSTEMS INC | | 900003476 |
WINK INC | | 900001293 |
SEATRAX INC | | 900001402 |
WESTERN WIRELINE SERVICES INC | | 900001279 |
WET TECH ENERGY INC | | 900005130 |
DRILLING SERVICES OF AMERICA INC | | 900004937 |
AGGREKO LLC | | 900000025 |
REAMCO INC | | 900000979 |
OBJECT RESERVOIR INC | | 900002990 |
IMPACT SELECTOR INC | | 900001646 |
STARFLEET MARINE TRANSPORTATION INC | | 900001089 |
TECHNIP OFFSHORE INC | | 900003587 |
GENERAL MARINE LEASING INC | | 900000456 |
KNOWLEDGE SYSTEMS INC | | 900000673 |
TRI DRILL INC | | 900004528 |
DEEP SEA DEVELOPMENT SERVICES INC | | 900004152 |
INTERMOOR INC | | 900000036 |
VERSABAR INC | | 900001242 |
MATTHEWS DANIEL CO | | 900000748 |
EXCELL CRANE & HYDRAULICS INC | | 900000398 |
SUPERIOR SUPPLY & STEEL | | 900001120 |
OSERS INC | | 900000863 |
SHARP E & P SOLUTIONS LLC | | 900004126 |
HYDRAULIC WELL CONTROL LLC | | 900000567 |
OCEAN MARINE CONTRACTORS INC | | 900004202 |
SOLA COMMUNICATIONS INC | | 900001068 |
Schedule 1.3(a) - 2
| | |
Vendor Name | | MSC No |
DOWNHOLE DEVICES LLC | | 900002820 |
CONCENTRIC PIPE RENTAL INC | | 900000245 |
SOTEC LLC | | 900001074 |
A & H ARMATURE WORKS INC | | 900000006 |
DOCO INDUSTRIAL INSULATORS INC | | 900000323 |
WISCO INC | | 900001296 |
CENTRAL BOAT RENTALS INC | | 900000197 |
CAJUN CUTTERS INC | | 900000174 |
STOKES & SPIEHLER OFFSHORE | | 900001097 |
ARDENT SERVICES LLC | | 900001973 |
PALEO DATA INC | | 900000870 |
CONTROLWORX LLC | | 900001872 |
SIGMA SOLUTIONS INC | | 900001408 |
DEEPSEA QUALITY CONSULTING INC | | 900003473 |
LOUISIANA MACHINERY CO INC | | 900000715 |
ABITA SPRINGS WATER INC | | 900003464 |
ROBERT BERNING PRODUCTIONS INC | | 900001936 |
INTEC ENGINEERING PARTNERSHIP LTD | | 900002845 |
ERA HELICOPTERS LLC | | 900000391 |
PETRON INDUSTRIES INC | | 900001941 |
TRIPLE H CHEMICALS INC | | 900001196 |
WASTEWATER SPECIALTIES INC | | 900005127 |
UMOE SCHAT HARDING INC | | 900000131 |
PROCESS PIPING MATERIALS INC | | 900005011 |
WHITETAIL EQUIPMENT RENTALS INC | | 900002222 |
BILCO TOOLS INC | | 900000127 |
J RAY MCDERMOTT INC | | 900000606 |
DYNAMIC INDUSTRIES INC | | 900000347 |
A & E ENGINE & COMPRESSION INC | | 900001488 |
CAVINS CORP | | 900000194 |
PROJECT ASSOCIATES INC | | 900000941 |
GULF COAST BASKET RENTALS INC | | 900002686 |
FREDS RADIATOR SERVICE | | 900000431 |
NEFF RENTAL INC | | 900000164 |
CETCO OILFIELD SERVICES CO | | 900000204 |
DIESEL TECH OF LOUISIANA LLC | | 900004376 |
JOHN W STONE OIL DISTRIBUTOR LLC | | 900000639 |
MCDONALD BOTTOM HOLE PRESSURE | | 900004520 |
GATOR SUPPLY CO INC | | 900000451 |
PRO VALVE SERVICES INC | | 900005132 |
ZENTECH INC | | 900002799 |
RESOURCE TRANSPORTATION OF AMERICA | | 900004797 |
PRO T CO INC | | 900000931 |
MAGNUM CONSTRUCTION SERVICES INC | | 900000731 |
Schedule 1.3(a) - 3
| | |
Vendor Name | | MSC No |
WASTE AUDITORS INC | | 900001559 |
SHAW GLOBAL ENERGY SERVICES | | 900001050 |
SURVIVAL SYSTEMS INTERNATIONAL | | 900001125 |
ROGERS OIL TOOL SERVICES INC | | 900003912 |
CLEAN TANK LLC | | 900001781 |
OMEGA NATCHIQ INC | | 900002606 |
AIRDYNE INC | | 900000034 |
BMT SCIENTIFIC MARINE SERVICES INC | | 900003825 |
AIR & PROCESS SYSTEMS INC | | 900000029 |
OFFSHORE CLEANING SYSTEMS | | 900004673 |
WELCH SALES & SERVICE INC | | 900001265 |
INTERNATIONAL BOAT RENTALS INC | | 900000583 |
SOUTHERN TANK SPECIALIST INC | | 900004367 |
ALFA LAVAL INC | | 900004766 |
SAFEPLEX SYSTEMS INC | | 900003395 |
TUBULAR MAKEUP TECHNOLOGY INC | | 900001206 |
SIGMA COATINGS | | 900001755 |
POINT EIGHT POWER INC | | 900000909 |
DANOS & CUROLE MARINE CONT INC | | 900000288 |
NU TEC INC | | 900000835 |
EDO SPECIALTY PLASTICS INC | | 900004134 |
GRAND ISLE SHIPYARD INC | | 900000482 |
PETRO TOOL & SUPPLY | | 900000891 |
SEVERN TRENT DENORA LLC | | 900001644 |
CAMERON | | 900000181 |
GULF ISLAND LLC | | 900000503 |
AMERICAN WARRIOR INC | | 900004242 |
LOUISIANA ENVIRONMENTAL MONITORING | | 900002763 |
CROSSTEX ENERGY SERVICES LP | | 900003787 |
GE ENERGY | | 900004384 |
ANGEL AIR REPAIR & SPECIALTY CO INC | | 900000060 |
AARON OIL CO INC | | 900001403 |
BRADY DIESEL LLC | | 900000151 |
GAMMALOY | | 900000441 |
MEASUREMENT TECHNOLOGIES INC | | 900003826 |
FCI ENVIRONMENTAL INC | | 900000408 |
TALENS MARINE & FUEL INC | | 900002424 |
AUTOMATIC POWER INC | | 900000086 |
PELLERINS TUBULAR SERVICE INC | | 900002791 |
WILSON MOHR INC | | 900002211 |
EVANS RENTALS INC | | 900001746 |
ORKIN EXTERMINATING CO INC | | 900000861 |
MAGELLAN MARINE INTERNATIONAL LLC | | 900000729 |
BAGWELL ENERGY SERVICES INC | | 900002664 |
Schedule 1.3(a) - 4
| | |
Vendor Name | | MSC No |
MAJOR EQUIPMENT & REMEDIATION SVCS | | 900000733 |
TECHNICAL INDUSTRIES INC | | 900001148 |
SECON INC | | 900001040 |
BELL OFFICE MACHINES INC | | 900000118 |
SWDI LLC | | 900001128 |
CAMERON INTERNATIONAL CORPORATION | | 900005381 |
COMPLIANCE TECHNOLOGY GROUP | | 900005351 |
VEOLIA ES SPECIAL SERVICES, INC. | | 900005256 |
Schedule 1.3(a) - 5
ATTACHEDTOANDMADEPARTOFTHATCERTAIN OFFSHORE PACKAGE PURCHASE AGREEMENTBYANDBETWEEN DOMINION EXPLORATION & PRODUCTION, INC.AND ENI PETROLEUM CO. INC.
SCHEDULE 1.4
ASSETS NOT OWNED BY SELLER
All vehicles, computers and software leased by Dominion Resources Services, Inc. that are to be purchased by or on behalf of Seller pursuant to Section 6.10.
Schedule 1.4 - 1
ATTACHEDTOANDMADEPARTOFTHATCERTAIN OFFSHORE PACKAGE PURCHASE AGREEMENTBYANDBETWEEN
DOMINION EXPLORATION & PRODUCTION, INC.AND ENI PETROLEUM CO. INC.
SCHEDULE 2.3(e)
IMBALANCES
Gas Balancing Database for Offshore Properties
December 31, 2006
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Company | | Report Center | | Report Center Name | | Date of imbalance info | | Imbalance volume over/ (under) GWI | | | Estimated NRI/GWI | | Imbalance volume over/ (under) NRI | | | UOM - Mcf, Mmbtu | | Operator | | State | | County | | Index | | Transport | | Fuel | |
DEPI | | | | BRAZOS 504 | | Dec-06 | | 42,267 | | | 0.83000000 | | 35,082 | | | Mcf | | Dominion | | OFFSHORE GOM | | | | Transco Zone 1 | | 0.2200 | | 0 | |
DEPI | | | | EI 39 | | Nov-06 | | 306 | | | 1.00000000 | | 306 | | | Mcf | | Unocal | | OFFSHORE GOM | | | | Trunkline-LA | | 0.1053 | | 0 | |
DEPI | | | | GC 338 | | Nov-06 | | 18 | | | 0.87500000 | | 15 | | | Mcf | | Murphy | | OFFSHORE GOM | | | | Transco Zone 3 | | 0.4949 | | 0 | |
DEPI | | | | HI 350 /WC 633 | | Nov-06 | | (3,098 | ) | | 1.00000000 | | (3,098 | ) | | Mcf | | Apache | | OFFSHORE GOM | | | | Tenn 800 Leg | | 0.1016 | | 1.30 | % |
DEPI | | | | HI 570 D | | Dec-06 | | (26,967 | ) | | 0.83000000 | | (22,383 | ) | | Mcf | | Dominion | | OFFSHORE GOM | | | | Tenn 800 Leg | | 0.1414 | | 1.00 | % |
DEPI | | | | HI A-1 | | Nov-06 | | 423 | | | 1.00000000 | | 423 | | | Mcf | | LLOG | | OFFSHORE GOM | | | | Transco Zone 2 | | 0.1675 | | 0.42 | % |
DEPI | | | | MC 773/772/728 | | Nov-06 | | 2,758 | | | 0.96619700 | | 2,665 | | | Mcf | | Dominion | | OFFSHORE GOM | | | | Transco Zone 4 | | 0.7100 | | 0.69 | % |
DEPI | | | | MP 223/225/250 | | Nov-06 | | 49,396 | | | 0.73333200 | | 36,224 | | | Mcf | | El Paso | | OFFSHORE GOM | | | | Tetco-ELA | | 0.1918 | | 0 | |
DEPI | | | | SMI 142A | | Nov-06 | | (69,214 | ) | | 1.00000000 | | (69,214 | ) | | Mcf | | Hunt Petroleum | | OFFSHORE GOM | | | | Columbia Gulf-LA | | 0.0894 | | 0.65 | % |
DEPI | | | | SS 246A/H/J/K | | Nov-06 | | (20,271 | ) | | 1.00000000 | | (20,271 | ) | | Mcf | | Dominion | | OFFSHORE GOM | | | | Transco Zone 3 | | 0.0784 | | 0.38 | % |
DEPI | | | | SS 247F | | Nov-06 | | (38,813 | ) | | 0.83333200 | | (32,344 | ) | | Mcf | | Dominion | | OFFSHORE GOM | | | | Tenn 500 Leg | | 0.0000 | | 0 | |
DEPI | | | | SS 248D | | Nov-06 | | 12,255 | | | 1.00000000 | | 12,255 | | | Mcf | | Dominion | | OFFSHORE GOM | | | | Tenn 500 Leg | | 0.0000 | | 0 | |
DEPI | | | | ST 72 | | Oct-06 | | (596 | ) | | 0.80000000 | | (477 | ) | | Mcf | | Mariner | | OFFSHORE GOM | | | | Trunkline-LA | | 0.1053 | | 0 | |
DEPI | | | | ST 72 #21 | | Oct-06 | | 1,232 | | | 0.80000000 | | 986 | | | Mcf | | Mariner | | OFFSHORE GOM | | | | Trunkline-LA | | 0.1053 | | 0 | |
DEPI | | | | VK 826 | | Nov-06 | | 24,432 | | | 1.00000000 | | 24,432 | | | Mcf | | KerrMcGee | | OFFSHORE GOM | | | | FGT Zone 3 | | 0.2018 | | 0 | |
DEPI | | | | VK 873 | | Nov-06 | | 44,259 | | | 0.83000000 | | 36,735 | | | Mcf | | Shell Offshore | | OFFSHORE GOM | | | | FGT Zone 3 | | 0.2578 | | 1.60 | % |
DEPI | | | | VM 255 | | Nov-06 | | (15,159 | ) | | 0.83000000 | | (12,582 | ) | | Mcf | | Stone Energy | | OFFSHORE GOM | | | | Columbia Gulf-LA | | 0.0169 | | 0.33 | % |
DEPI | | | | VM 256 | | Nov-06 | | (163 | ) | | 0.83000000 | | (135 | ) | | Mcf | | Stone Energy | | OFFSHORE GOM | | | | Columbia Gulf-LA | | 0.0169 | | 0.33 | % |
DEPI | | | | VM 267 | | Nov-06 | | 706 | | | 0.83000000 | | 586 | | | Mcf | | Stone Energy | | OFFSHORE GOM | | | | Columbia Gulf-LA | | 0.0169 | | 0.33 | % |
DEPI | | | | VM 267F | | Nov-06 | | 12,739 | | | 0.83000000 | | 10,573 | | | Mcf | | Stone Energy | | OFFSHORE GOM | | | | Columbia Gulf-LA | | 0.0169 | | 0.33 | % |
DEPI | | | | VM 268 | | Nov-06 | | (2,146 | ) | | 0.83000000 | | (1,781 | ) | | Mcf | | Stone Energy | | OFFSHORE GOM | | | | Columbia Gulf-LA | | 0.0169 | | 0.33 | % |
DEPI | | | | VM 313D | | Nov-06 | | (17,979 | ) | | 1.00000000 | | (17,979 | ) | | Mcf | | Dominion | | OFFSHORE GOM | | | | Transco Zone 3 | | 0.0784 | | 0.38 | % |
DEPI | | | | VM 78 | | Oct-06 | | (12,462 | ) | | 0.83000000 | | (10,343 | ) | | Mcf | | Apache | | OFFSHORE GOM | | | | Transco Zone 3 | | 0.1062 | | 0.38 | % |
DEPI | | | | VM 78 (Flash) | | Oct-06 | | (8,945 | ) | | 0.83000000 | | (7,424 | ) | | Mcf | | Apache | | OFFSHORE GOM | | | | Transco Zone 3 | | 0.1062 | | 0.38 | % |
DEPI | | | | WC 100 | | Nov-06 | | 30,692 | | | 1.00000000 | | 30,692 | | | Mcf | | Dominion | | OFFSHORE GOM | | | | ANR-LA | | 0.0000 | | 0 | |
DEPI | | | | WC 112 | | Oct-06 | | (837 | ) | | 0.80000000 | | (670 | ) | | Mcf | | Mariner | | OFFSHORE GOM | | | | Columbia Gulf-LA | | 0.0900 | | 0 | |
DEPI | | | | WC 130 | | Nov-06 | | (1,323 | ) | | 1.00000000 | | (1,323 | ) | | Mcf | | Dominion | | OFFSHORE GOM | | | | Tenn 800 Leg | | 0.0170 | | 0.020 | % |
DEPI | | | | WC 225 | | Nov-06 | | (30,155 | ) | | 0.82108300 | | (24,760 | ) | | Mcf | | Dominion | | OFFSHORE GOM | | | | Tenn 800 Leg | | 0.1000 | | 0.60 | % |
DEPI | | | | WC 537 | | Dec-06 | | (58,764 | ) | | 0.83000000 | | (48,774 | ) | | Mcf | | ChevronTexaco | | OFFSHORE GOM | | | | Tenn 800 Leg | | 0.1016 | | 1.30 | % |
DEPI | | | | WC 61/76 | | Nov-06 | | 10,538 | | | 1.00000000 | | 10,538 | | | Mcf | | BHPB Petroleum | | OFFSHORE GOM | | | | Tenn 800 Leg | | 0.0170 | | 0.020 | % |
DEPI | | | | WC 77 | | Oct-06 | | 7,573 | | | 1.00000000 | | 7,573 | | | Mcf | | BHPB Petroleum | | OFFSHORE GOM | | | | Tenn 800 Leg | | 0.1016 | | 1.30 | % |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Offshore total | | | | | | (67,298 | ) | | | | (64,473 | ) | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Schedule 2.3(e) - 1
Pipeline and Facility Imbalances for Offshore Properties
December 31, 2006
| | | | | | | | | | | | | | | | | | | | |
Company | | Report Center | | Report Center Name | | Date of imbalance info | | Imbalance volume receivable / (payable) | | | UOM - Mcf, MMbtu | | State | | Index | | Less T-port | | Less Fuel | |
DEPI | | | | WC 72 #1 | | Oct-06 | | 61,536 | | | MMBtu | | Offshore | | Tenn 800 Leg | | 0.07 | | 1.01 | % |
DEPI | | | | SS 248D | | Nov-06 | | 46,239 | | | MMBtu | | Offshore | | Tenn 500 Leg | | 0 | | 0 | % |
DEPI | | | | MP 223/225/250 | | Nov-06 | | 12,010 | | | MMBtu | | Offshore | | Tetco ELA | | 0.1918 | | 0 | % |
DEPI | | | | MP 280C | | Nov-06 | | 8,326 | | | MMBtu | | Offshore | | Transco Zone 3 | | 0.2268 | | 0.30 | % |
DEPI | | | | VM 313B | | Nov-06 | | 2,830 | | | MMBtu | | Offshore | | Transco Zone 3 | | 0.0784 | | 0.38 | % |
DEPI | | | | MP 281A | | Nov-06 | | 1,007 | | | MMBtu | | Offshore | | Transco Zone 3 | | 0.2268 | | 0.30 | % |
DEPI | | | | MC 296 | | Oct-06 | | 226 | | | MMBtu | | Offshore | | Transco Zone 3 | | 0.1816 | | 0.30 | % |
DEPI | | | | MC 299 | | Oct-06 | | 124 | | | MMBtu | | Offshore | | Transco Zone 3 | | 0.1816 | | 0.30 | % |
DEPI | | | | SS 246A/H/J/K | | Nov-06 | | (2,984 | ) | | MMBtu | | Offshore | | Transco Zone 3 | | 0.0784 | | 0.38 | % |
DEPI | | | | WC 72 #2 | | Oct-06 | | (5,316 | ) | | MMBtu | | Offshore | | Tenn 800 Leg | | 0.07 | | 1.01 | % |
DEPI | | | | MP 279 * | | Dec-04 | | (16,444 | ) | | MMBtu | | Offshore | | Transco Zone 3 | | 0.2268 | | 0.30 | % |
DEPI | | | | MP 270 | | Nov-06 | | (26,669 | ) | | MMBtu | | Offshore | | Sonat | | 0 | | 0.00 | % |
DEPI | | | | GC 116 ** | | Nov-06 | | (186,869 | ) | | MMBtu | | Offshore | | Transco Zone 3 | | 0.0784 | | 0.38 | % |
DEPI | | | | Transco ** | | Oct-06 | | 647,194 | | | MMBtu | | Offshore | | Transco Zone 3 | | 0.0784 | | 0.38 | % |
DEPI | | | | Tennessee Gas PL | | Oct-06 | | (5,924 | ) | | MMBtu | | Offshore | | Tenn 800 Leg | | 0.16 | | 1.01 | % |
DEPI | | | | P/L Col Gulf | | Oct-06 | | (14,112 | ) | | MMBtu | | Offshore | | CGT-LA | | 0.0169 | | 0.33 | % |
DEPI | | | | TA-Dynegy | | Oct-06 | | (36,680 | ) | | MMBtu | | Offshore | | CGT-LA | | 0.09 | | 0.00 | % |
DEPI | | | | P/L PIGS | | Oct-06 | | 8,533 | | | MMBtu | | Offshore | | Tenn 800 Leg | | 0.10 | | 0.55 | % |
DEPI | | | | TA-UTOS-100 | | Oct-06 | | 16,528 | | | MMBtu | | Offshore | | Tenn 800 Leg | | | | | |
| | | | | | | | | | | | | | | | | | | | |
| | | | Offshore total | | | | 509,555 | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | |
* | The MP 279 imbalance is anticipated to be paid prior to execution of the Agreement. |
** | The GC 116 and Transco imbalances are anticipated to be resolved prior to the Effective Time. |
Schedule 2.3(e) - 2
OFFSHORE OIL INVENTORIES- NET
DECEMBER 31, 2006
| | | | | | | | | | | | | | | |
Property | | Balance (bbls) | | Published price | | Grade Differential | | Premium | | Transport/QB | | | PLA | |
Devil’s Tower @ Empire | | -588 | | Nymex Settles (Exc Wkd) | | Platts HLS/WTI Differential - -0.06 - 0.25 - SLI Deduct | | Nymex Cal 2/3: 1/3 Roll | | | — | | | — | |
Front Runner on Poseidon | | -5,618 | | NYMEX (Inc. Wkd & Hol) | | Platts POS/WTI Differential | | Platts WTI Delta | | $ | 0.1000 | | | 0.15 | % |
SMI142 on Eugene Island | | 500 | | SLA SOUR - STUSCO | | — | | — | | $ | (0.2189 | ) | | 0.20 | % |
Total | | -5,706 | | | | | | | | | | | | | |
BUY/SELLIMBALANCES
DECEMBER 31, 2006
| | | | | | |
Property | | Balance (bbls) | | Published Price | | Premium |
VK826, MP 280/281 | | -61,621 | | Nymex Settles (Exc Wkd) | | Nymex Cal 2/3:1/3 Roll |
SMI142 | | -1,350 | | Nymex Settles (Exc Wkd) | | Nymex Cal 2/3:1/3 Roll |
MP270 | | -1,597 | | Nymex Settles (Exc Wkd) | | Nymex Cal 2/3:1/3 Roll |
ST72 | | -1,955 | | Nymex Settles (Exc Wkd) | | Nymex Cal 2/3:1/3 Roll |
SS248 | | 920 | | Nymex Settles (Exc Wkd) | | Nymex Cal 2/3:1/3 Roll |
MC773 | | 77,820 | | Nymex Settles (Exc Wkd) | | Nymex Cal 2/3:1/3 Roll |
GC338 | | -61,905 | | Nymex (Inc Wkd & Hol) | | Platts WTI Delta |
Total | | -49,687 | | | | |
Schedule 2.3(e) - 3
| | | | | | | | | | | | | | | | | | | | | | | | | |
Offshore Oil Inventories - Net | |
December 31, 2006 | |
Platform | | Prop No | | Company | | District | | Date | | Net Stock | | Published Price | | Grade Differential | | Premium/Deduct | | Transport | | | Quality Bank | | PLA | |
GREEN CANYON 116 | | | | DEPI | | OFFSHORE | | 10/31/2006 | | — | | | | | | | | | | | | | | | |
GREEN CANYON 338/339/382 | | | | DEPI | | OFFSHORE | | 10/31/2006 | | — | | | | | | | | | | | | | | | |
HIGH ISLAND A-1 | | | | DEPI | | OFFSHORE | | 10/31/2006 | | 23.58 | | Nymex Settles (Exc Wkd) | | Platts LLS/WTI Differential | | Nymex Cal 2/3:1/3 Roll | | $ | (0.6500 | ) | | | | -0.15 | % |
DEVILS TOWER (MC773) | | | | DEPI | | OFFSHORE | | 10/31/2006 | | — | | | | | | | | | | | | | | | |
MAIN PASS 270 | | | | DEPI | | OFFSHORE | | 10/31/2006 | | — | | | | | | | | | | | | | | | |
MAIN PASS 279 | | | | DEPI | | OFFSHORE | | 10/31/2006 | | — | | | | | | | | | | | | | | | |
MAIN PASS 280 | | | | DEPI | | OFFSHORE | | 10/31/2006 | | 224.75 | | Nymex Settles (Exc Wkd) | | Platts HLS/WTI Differential-$0.08-$0.25 | | Nymex Cal 2/3:1/3 Roll | | $ | (1.2934 | ) | | MP69 gravity adj | | -0.2 | % |
MAIN PASS 281 | | | | DEPI | | OFFSHORE | | 10/31/2006 | | 64.03 | | Nymex Settles (Exc Wkd) | | Platts HLS/WTI Differential-$0.08-$0.25 | | Nymex Cal 2/3:1/3 Roll | | $ | (1.2934 | ) | | MP69 gravity adj | | -0.2 | % |
MAIN PASS 223 | | | | DEPI | | OFFSHORE | | 10/31/2006 | | 142.36 | | Nymex Settles (Exc Wkd) | | Platts HLS/WTI Differential-$0.08-$0.25 | | Nymex Cal 2/3:1/3 Roll | | $ | (1.3150 | ) | | MP69 gravity adj | | -0.2 | % |
MAIN PASS 225 | | | | DEPI | | OFFSHORE | | 10/31/2006 | | — | | | | | | | | | | | | | | | |
MISSISSIPPI CANYON 296 | | | | DEPI | | OFFSHORE | | 10/31/2006 | | — | | | | | | | | | | | | | | | |
MISSISSIPPI CANYON 299 | | | | DEPI | | OFFSHORE | | 10/31/2006 | | — | | | | | | | | | | | | | | | |
MUSTAND ISLAND I 861 | | | | DEPI | | OFFSHORE | | 10/31/2006 | | 601.38 | | WTI - CONOCOPHILLIPS | | | | WTI - Platts P-Plus | | $ | (1.3500 | ) | | | | | |
SHIP SHOAL 246A | | | | DEPI | | OFFSHORE | | 10/31/2006 | | 250.68 | | Nymex Settles (Exc Wkd) | | Platts LLS/WTI Differential | | Nymex Cal 2/3:1/3 Roll | | $ | (2.5700 | ) | | | | -0.3 | % |
SHIP SHOAL 247F | | | | DEPI | | OFFSHORE | | 10/31/2006 | | 385.00 | | Nymex Settles (Exc Wkd) | | Platts LLS/WTI Differential | | Nymex Cal 2/3:1/3 Roll | | $ | (2.5700 | ) | | | | -0.3 | % |
SHIP SHOAL 248D | | | | DEPI | | OFFSHORE | | 10/31/2006 | | 219.50 | | Nymex Settles (Exc Wkd) | | Platts LLS/WTI Differential | | Nymex Cal 2/3:1/3 Roll | | $ | (2.5700 | ) | | | | -0.3 | % |
SOUTH MARSH ISLAND 142 A | | | | DEPI | | OFFSHORE | | 10/31/2006 | | — | | | | | | | | | | | | | | | |
SOUTH MARSH ISLAND 143 B | | | | DEPI | | OFFSHORE | | 10/31/2006 | | — | | | | | | | | | | | | | | | |
SOUTH TIMBALIER 72 | | | | DEPI | | OFFSHORE | | 10/31/2006 | | — | | | | | | | | | | | | | | | |
VERMILION 78 | | | | DEPI | | OFFSHORE | | 10/31/2006 | | — | | | | | | | | | | | | | | | |
VERMILION 255A/B/J | | | | DEPI | | OFFSHORE | | 10/31/2006 | | — | | | | | | | | | | | | | | | |
VERMILION 256D/H | | | | DEPI | | OFFSHORE | | 10/31/2006 | | — | | | | | | | | | | | | | | | |
VERMILION 267C | | | | DEPI | | OFFSHORE | | 10/31/2006 | | — | | | | | | | | | | | | | | | |
VERMILION 267F | | | | DEPI | | OFFSHORE | | 10/31/2006 | | — | | | | | | | | | | | | | | | |
VERMILION 268G(256E) | | | | DEPI | | OFFSHORE | | 10/31/2006 | | — | | | | | | | | | | | | | | | |
VERMILION 313B/C/D | | | | DEPI | | OFFSHORE | | 10/31/2006 | | 74.01 | | Nymex Settles (Exc Wkd) | | Platts LLS/WTI Differential | | Nymex Cal 2/3:1/3 Roll | | $ | (2.4900 | ) | | | | -0.3 | % |
VIOSCA KNOLL 826 | | | | DEPI | | OFFSHORE | | 10/31/2006 | | — | | | | | | | | | | | | | | | |
VIOSCA KNOLL 872—EINSET | | | | DEPI | | OFFSHORE | | 10/31/2006 | | — | | | | | | | | | | | | | | | |
WEST CAMERON 61/76 | | | | DEPI | | OFFSHORE | | 10/31/2006 | | — | | | | | | | | | | | | | | | |
WEST CAMERON 72 #1/2 | | | | DEPI | | OFFSHORE | | 10/31/2006 | | — | | | | | | | | | | | | | | | |
WEST CAMERON 77 | | | | DEPI | | OFFSHORE | | 10/31/2006 | | — | | | | | | | | | | | | | | | |
WEST CAMERON 100 | | | | DEPI | | OFFSHORE | | 10/31/2006 | | 3,628.20 | | Nymex Settles (Exc Wkd) | | Platts LLS/WTI Differential | | Nymex Cal Roll | | $ | (0.6000 | ) | | | | | |
WEST CAMERON 112 | | | | DEPI | | OFFSHORE | | 10/31/2006 | | — | | | | | | | | | | | | | | | |
WEST CAMERON 130 #1/2 | | | | DEPI | | OFFSHORE | | 10/31/2006 | | 608.03 | | Nymex Settles (Exc Wkd) | | Platts LLS/WTI Differential | | Nymex Cal Roll | | $ | (0.6500 | ) | | | | | |
WEST CAMERON 153 | | | | DEPI | | OFFSHORE | | 10/31/2006 | | — | | | | | | | | | | | | | | | |
WEST CAMERON 225/229 | | | | DEPI | | OFFSHORE | | 10/31/2006 | | — | | | | | | | | | | | | | | | |
EUGENE ISLAND 039 | | | | DEPI | | OFFSHORE | | 10/31/2006 | | 363.09 | | Nymex Settles (Exc Wkd) | | Platts LLS/WTI Differential-$0.53 | | Nymex Cal Roll | | $ | (1.0250 | ) | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | 6,584.60 | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | |
Schedule 2.3(e) - 4
| | | | | | | | | | | | | | | | | | | | | | | | | | | |
Offshore NGL Inventories / Imbalances - Net | |
December 31, 2006 | |
| | | | |
| | | | | | | | Volumes in Gallons | |
Plant | | Company | | District | | Date | | Ethane | | | Propane | | | Isobutane | | | Normal Butane | | | Gasoline | | | Scrubber | | | Total | |
BARRACUDA GAS PLANT | | DEPI | | OFFSHORE | | 10/31/2006 | | (1 | ) | | — | | | (1 | ) | | 1 | | | (1 | ) | | | | | (2 | ) |
BLUEWATER PROCESSING PLANT | | DEPI | | OFFSHORE | | 10/31/2006 | | (130,212 | ) | | (40,787 | ) | | (3,930 | ) | | (5,345 | ) | | (50,181 | ) | | 294 | | | (230,161 | ) |
CAMERON MEADOWS PLANT | | DEPI | | OFFSHORE | | 10/31/2006 | | 21,394 | | | 10,828 | | | 5,041 | | | 3,290 | | | 7,529 | | | | | | 48,082 | |
ENTERPRISE PROCESSING PLANT | | DEPI | | OFFSHORE | | 10/31/2006 | | (122,373 | ) | | (68,898 | ) | | (17,803 | ) | | (21,957 | ) | | (17,256 | ) | | 13,815 | | | (234,472 | ) |
EUNICE PROCESSING PLANT | | DEPI | | OFFSHORE | | 10/31/2006 | | (29,499 | ) | | (32,790 | ) | | (8,395 | ) | | (10,369 | ) | | (19,676 | ) | | | | | (100,729 | ) |
GRAND CHENIER | | DEPI | | OFFSHORE | | 10/31/2006 | | - | | | — | | | — | | | — | | | — | | | | | | — | |
LAROSE GAS PLANT | | DEPI | | OFFSHORE | | 10/31/2006 | | (3 | ) | | 2 | | | 1 | | | (4 | ) | | (1 | ) | | | | | (5 | ) |
LOWRY GAS PLANT | | DEPI | | OFFSHORE | | 10/31/2006 | | 16,330 | | | 10,643 | | | 4,640 | | | 2,333 | | | 6,617 | | | | | | 40,563 | |
MOBILE BAY GAS PROCESSING PLANT | | DEPI | | OFFSHORE | | 10/31/2006 | | 101,986 | | | (29,449 | ) | | (7,022 | ) | | (13,933 | ) | | (23,489 | ) | | | | | 28,093 | |
NORTH TERREBONE/TEBONE PROCESSING PLANT | | DEPI | | OFFSHORE | | 10/31/2006 | | (142,757 | ) | | (347,665 | ) | | (73,731 | ) | | (94,280 | ) | | 591,143 | | | 1,087 | | | (66,203 | ) |
PASCAGOULA GAS PROCESSING PLANT | | DEPI | | OFFSHORE | | 10/31/2006 | | (1,834 | ) | | (1,306 | ) | | (402 | ) | | (618 | ) | | (1,088 | ) | | (181,085 | ) | | (186,333 | ) |
SABINE GAS PLANT | | DEPI | | OFFSHORE | | 10/31/2006 | | 5,070 | | | 3,850 | | | 1,141 | | | 1,196 | | | 1,965 | | | | | | 13,222 | |
ST 72 | | DEPI | | OFFSHORE | | 10/31/2006 | | | | | | | | | | | | | | | | | (1,705 | ) | | (1,705 | ) |
YSCLOSKEY PROCESSING PLANT | | DEPI | | OFFSHORE | | 10/31/2006 | | (15,443 | ) | | (9,042 | ) | | 2,149 | | | (9,952 | ) | | (13,295 | ) | | 254 | | | (45,329 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | (297,342 | ) | | (504,614 | ) | | (98,312 | ) | | (149,638 | ) | | 482,267 | | | (167,340 | ) | | (734,979 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | |
| | | | | | | | OPIS MONTHLY AVERAGE: | | | | | | | | | | |
| | | | | | | | Ethane | | | Propane | | | Isobutane | | | Normal Butane | | | Gasoline | | | | | | | |
BARRACUDA GAS PLANT | | | | | | | | E/P Mix Mt. Belvieu | | | Propane (Non-TET) Mt. Belvieu | | | Isobutane (Non-TET) Mt. Belvieu | | | Normal Butane (Non-TET) Mt. Belvieu | | | Natural Gasoline (Non-TET) Mt. Belvieu | | | | | | | |
BLUEWATER PROCESSING PLANT | | | | | | | | Ethane Napoleonville | | | Propane (Non-TET) Mt. Belvieu | | | Isobutane Napoleonville | | | Butane Napoleonville | | | Natural Gasoline Napoleonville | | | | | | | |
CAMERON MEADOWS PLANT | | | | | | | | E/P Mix Mt. Belvieu | | | Propane (Non-TET) Mt. Belvieu | | | Isobutane (Non-TET) Mt. Belvieu | | | Normal Butane (Non-TET) Mt. Belvieu | | | Natural Gasoline (Non-TET) Mt. Belvieu | | | | | | | |
ENTERPRISE PROCESSING PLANT | | | | | | | | Ethane Napoleonville | | | Propane (Non-TET) Mt. Belvieu less $0.01 | | | Isobutane Napoleonville | | | Butane Napoleonville less $0.0075 | | | Natural Gasoline Napoleonville | | | | | | | |
EUNICE PROCESSING PLANT | | | | | | | | Purity Ethane Mt. Belvieu | | | Propane (Non-TET) Mt. Belvieu | | | Isobutane (Non-TET) Mt. Belvieu | | | Normal Butane (Non-TET) Mt. Belvieu | | | Natural Gasoline (Non-TET) Mt. Belvieu | | | | | | | |
GRAND CHENIER | | | | | | | | Purity Ethane Mt. Belvieu | | | Propane (Non-TET) Mt. Belvieu | | | Isobutane (Non-TET) Mt. Belvieu | | | Normal Butane (Non-TET) Mt. Belvieu | | | Natural Gasoline (Non-TET) Mt. Belvieu | | | | | | | |
LAROSE GAS PLANT | | | | | | | | Ethane Napoleonville less $0.0075 | | | Propane (Non-TET) Mt. Belvieu less $0.0075 | | | Isobutane (Non-TET) Mt. Belvieu less $0.0025 | | | Butane Napoleonville less $0.0025 | | | Natural Gasoline (River) Mt. Belvieu less $0.005 | | | | | | | |
LOWRY GAS PLANT | | | | | | | | E/P Mix Mt. Belvieu | | | Propane (Non-TET) Mt. Belvieu | | | Isobutane (Non-TET) Mt. Belvieu | | | Normal Butane (Non-TET) Mt. Belvieu | | | Natural Gasoline (Non-TET) Mt. Belvieu | | | | | | | |
MOBILE BAY GAS PROCESSING PLANT | | | | | | | | Purity Ethane Mt. Belvieu | | | Propane (Non-TET) Mt. Belvieu | | | Isobutane (Non-TET) Mt. Belvieu | | | Normal Butane (Non-TET) Mt. Belvieu | | | Natural Gasoline (Non-TET) Mt. Belvieu | | | | | | | |
NORTH TERREBONE/TEBONE PROCESSING PLANT | | | | | | | | Ethane Napoleonville | | | Propane (Non-TET) Mt. Belvieu | | | Isobutane Napoleonville | | | Butane Napoleonville | | | Natural Gasoline (Non-TET) Mt. Belvieu +$0.04 | | | | | | | |
PASCAGOULA GAS PROCESSING PLANT | | | | | | | | Purity Ethane Mt. Belvieu | | | Propane (Non-TET) Mt. Belvieu | | | Isobutane (Non-TET) Mt. Belvieu | | | Normal Butane (Non-TET) Mt. Belvieu | | | Natural Gasoline (Non-TET) Mt. Belvieu | | | | | | | |
SABINE GAS PLANT | | | | | | | | Purity Ethane Mt. Belvieu | | | Propane (Non-TET) Mt. Belvieu | | | Isobutane (Non-TET) Mt. Belvieu | | | Normal Butane (Non-TET) Mt. Belvieu | | | Natural Gasoline (Non-TET) Mt. Belvieu | | | | | | | |
Schedule 2.3(e) - 5
| | | | | | | | | | | | | | | | | | | | |
Offshore NGL Inventories / Imbalances - Net |
December 31, 2006 |
| | | | |
| | | | | | | | Volumes in Gallons |
Plant | | Company | | District | | Date | | Ethane | | Propane | | Isobutane | | Normal Butane | | Gasoline | | Scrubber | | Total |
ST 72 | | | | | | | | Purity Ethane Mt. Belvieu | | Propane (Non-TET) Mt. Belvieu | | Isobutane (Non-TET) Mt. Belvieu | | Normal Butane (Non-TET) Mt. Belvieu | | Natural Gasoline (Non-TET) Mt. Belvieu | | | | |
YSCLOSKEY PROCESSING PLANT | | | | | | | | Ethane Napoleonville | | Propane (Non-TET) Mt. Belvieu-$.01 | | Isobutane Napoleonville | | Butane Napoleonville- $0.0075 | | Natural Gasoline Napoleonville | | | | |
| | T & F Rates | | | | | | | | | | | | | | | | | | |
| | (cents/gal) | | Comment | | | | | | | | | | | | | | | | |
BARRACUDA GAS PLANT | | 0.0466 | | | | | | | | | | | | | | | | | | |
BLUEWATER PROCESSING PLANT | | 0.052 | | | | | | | | | | | | | | | | | | |
CAMERON MEADOWS PLANT | | 0.04 | | | | | | | | | | | | | | | | | | |
ENTERPRISE PROCESSING PLANT—Toca Plant | | NA, see comment | | T&F is absorbed by plant via their “keep %” of our liquids |
EUNICE PROCESSING PLANT | | 0.055 | | | | | | | | | | | | | | | | | | |
GRAND CHENIER | | 0.046 | | | | | | | | | | | | | | | | | | |
LAROSE GAS PLANT | | 0.051 | | | | | | | | | | | | | | | | | | |
LOWRY GAS PLANT | | 0.0485 | | | | | | | | | | | | | | | | | | |
MOBILE BAY GAS PROCESSING PLANT | | 0.055 | | | | | | | | | | | | | | | | | | |
NORTH TERREBONE/TEBONE PROCESSING PLANT | | 0.0452 | | | | | | | | | | | | | | | | | | |
PASCAGOULA GAS PROCESSING PLANT | | 0.0663 | | | | | | | | | | | | | | | | | | |
SABINE GAS PLANT | | 0.0391 | | | | | | | | | | | | | | | | | | |
ST 72 - Patterson Plant | | 0.046 | | | | | | | | | | | | | | | | | | |
YSCLOSKEY PROCESSING PLANT | | NA, see comment | | Norco frac charge is approx 9.5% of C3+ liquids produced at Yscloskey, I.e., no frac charge per gallon, per se |
| | | | | | | | | | |
Retrograde/Scrubber | | Published Price | | Grade Differential | | Premium/Deduct | | Transport/QB | | | | | | | | | | | | |
BARRACUDA GAS PLANT | | N/A | | | | | | | | | | | | | | | | | | |
BLUEWATER PROCESSING PLANT | | WTI - NYMEX Settles (Exc Wkd) | | Platts LLS/WTI Differential - $0.16 | | Platts WTI Delta | | -1.965 | | | | | �� | | | | | | | |
CAMERON MEADOWS PLANT | | N/A | | | | | | | | | | | | | | | | | | |
ENTERPRISE PROCESSING PLANT | | N/A | | | | | | | | | | | | | | | | | | |
EUNICE PROCESSING PLANT | | N/A | | | | | | | | | | | | | | | | | | |
GRAND CHENIER | | WTI - NYMEX Settles (Exc Wkd) | | Platts LLS/WTI Differential | | Nymex Cal 2/3:1/3 Roll | | 0.25 | | | | | | | | | | | | |
LAROSE GAS PLANT | | N/A | | | | | | | | | | | | | | | | | | |
LOWRY GAS PLANT | | N/A | | | | | | | | | | | | | | | | | | |
MOBILE BAY GAS PROCESSING PLANT | | N/A | | | | | | | | | | | | | | | | | | |
NORTH TERREBONE/TEBONE PROCESSING PLANT | | N/A | | | | | | | | | | | | | | | | | | |
PASCAGOULA GAS PROCESSING PLANT | | N/A | | | | | | | | | | | | | | | | | | |
SABINE GAS PLANT | | N/A | | | | | | | | | | | | | | | | | | |
ST 72 | | WTI - NYMEX Settles (Exc Wkd) | | Platts LLS/WTI Differential | | Nymex Cal Roll | | -1.2849 | | | | | | | | | | | | |
YSCLOSKEY PROCESSING PLANT | | N/A | | | | | | | | | | | | | | | | | | |
Schedule 2.3(e) - 6
ATTACHEDTOANDMADEPARTOFTHATCERTAIN OFFSHORE PACKAGE PURCHASE AGREEMENTBYANDBETWEEN
DOMINION EXPLORATION & PRODUCTION, INC.AND ENI PETROLEUM CO. INC.
SCHEDULE 3.4
ALLOCATION OF UNADJUSTED PURCHASE PRICE
| | | | | | | | | |
Field | | Well Name (1) | | Well Name (2) | | Aries Property Number | | Final FMV Allocation, K$ | |
CLAYMORE DOMINION PROSPECT | | Atwater Valley140 | | | | H9LLFTIFDK | | 55,037 | * |
CLAYMORE DOMINION PROSPECT Total | | | | | | | | 55,037 | |
San Jacinto | | DC 618 SS 2 | | | | G5HKBT1E2M | | 176,556 | |
San Jacinto | | DC 618 SS 1 | | | | G5HKH7T8VF | | 149,819 | |
San Jacinto | | DC 618 #3 | | | | G5HKNNHB88 | | 7,885 | |
San Jacinto Total | | | | | | | | 334,260 | |
BUDGET: DC 620 / 621 SPIDERMAN | | Spiderman #1 7 Sand | | DC 620 #1 | | G5HJRMRAF0 | | 170,514 | |
BUDGET: DC 620 / 621 SPIDERMAN | | Spiderman #1 9 Sand | | | | FCLJF2R7QL | | 36,950 | |
BUDGET: DC 620 / 621 SPIDERMAN | | DC 621 #1 ST01 | | Spiderman #1 MM7 Sand | | G5HIN89E66 | | 167,697 | |
BUDGET: DC 620 / 621 SPIDERMAN | | Spiderman #1 9 Sand | | | | G5HJ9S38C5 | | 35,103 | |
BUDGET: DC 620 / 621 SPIDERMAN | | DC #2 BP03 | | | | G5HJDJ4CJ8 | | 35,229 | |
BUDGET: DC 620 / 621 SPIDERMAN | | DC 621 Spiderman #3 MM7 Sand | | | | G69IHRVC8I | | 5,034 | |
BUDGET: DC 620 / 621 SPIDERMAN | | DC 621 Spiderman #3 MM9 Sand | | | | G69IJCCDB1 | | 4,629 | |
BUDGET: DC 620 /621 SPIDERMAN Total | | | | | | | | 455,156 | |
BUDGET: GREEN CANYON 116 POPEYE | | FIELD: GREEN CANYON 116 | | WELL: GC116 A3 | | B8N8O4ID00 | | 2,507 | |
BUDGET: GREEN CANYON 116 POPEYE | | FIELD: GREEN CANYON 116 | | WELL: GC72 A1 WB01 | | B8N8O4MD00 | | 78,077 | |
BUDGET: GREEN CANYON 116 POPEYE | | GREEN CANYON 116 GC116 A4 ST01 1 | | | | B8N8O4KD00 | | 41,920 | |
BUDGET: GREEN CANYON 116 POPEYE | | GREEN CANYON 116 2PB PUD F SEG | | | | H6NEBQ9F1R | | 41,277 | |
* | Within three (3) Business Days after the date hereof, Purchaser may make a reasonable reallocation of value from Claymore #140 to the properties marked with an asterisk (*) on Exhibit A-1. |
Schedule 3.4 - 1
| | | | | | | | |
BUDGET: GREEN CANYON 116 POPEYE | | GREEN CANYON 116 3PS PUD H SEG | | | | HBRLKKWDBR | | 22,342 |
BUDGET: GREEN CANYON 116 POPEYE Total | | | | | | | | 186,122 |
BUDGET: GREEN CANYON 338 FRONTRU | | GREEN CANYON 338 GC338 A2 ST02 ( | | | | C6TDHECD84 | | — |
BUDGET: GREEN CANYON 338 FRONTRU | | GREEN CANYON 338 GC338 A4 1PV DE | | | | C6TD5DOAMY | | — |
BUDGET: GREEN CANYON 338 FRONTRU | | GREEN CANYON 338 GC338 A7 1PV DE | | | | D65J2DXBUS | | — |
BUDGET: GREEN CANYON 338 FRONTRU | | FIELD: GREEN CANYON 338 | | WELL: A6 S04 FR-50ABC-6 | | F4ELCLGB26 | | 1,046 |
BUDGET: GREEN CANYON 338 FRONTRU | | FIELD: GREEN CANYON 338 | | WELL: A1 S04 FR-42B | | EB7JT45C1Z | | — |
BUDGET: GREEN CANYON 338 FRONTRU | | FIELD: GREEN CANYON 338 | | WELL: A7 S03 FR-47BC-7 | | D65J3ONDVS | | 741 |
BUDGET: GREEN CANYON 338 FRONTRU | | FIELD: GREEN CANYON 338 | | WELL: A4 S05 FR-44GL | | D48FJ7K734 | | 388 |
BUDGET: GREEN CANYON 338 FRONTRU | | FIELD: GREEN CANYON 338 | | WELL: A3 S03 FR-46D | | CCLIBCE732 | | 5,381 |
BUDGET: GREEN CANYON 338 FRONTRU | | FIELD: GREEN CANYON 338 | | WELL: A1 S03 FR-46A | | D44IO4MB8W | | 5,741 |
BUDGET: GREEN CANYON 338 FRONTRU | | FIELD: GREEN CANYON 338 | | WELL: A8 S03 FR-51C | | CCLIAEC712 | | 19,247 |
BUDGET: GREEN CANYON 338 FRONTRU | | FIELD: GREEN CANYON 338 | | WELL: A3 S04 FR-45E | | CCLIA9VAA2 | | 446 |
BUDGET: GREEN CANYON 338 FRONTRU | | FIELD: GREEN CANYON 338 | | WELL: A6 S02 FR-53A-6 | | CCLI9KGBV2 | | — |
BUDGET: GREEN CANYON 338 FRONTRU | | FIELD: GREEN CANYON 338 | | WELL: A3 S02 FR-47B | | C6TDPG6DBU | | 0 |
BUDGET: GREEN CANYON 338 FRONTRU | | FIELD: GREEN CANYON 338 | | WELL: A1 S02 FR-46C | | C6TDHEWC14 | | 10,414 |
BUDGET: GREEN CANYON 338 FRONTRU | | FIELD: GREEN CANYON 338 | | WELL: A4 S03 FR-46D | | C6TDGP19KY | | 130,178 |
BUDGET: GREEN CANYON 338 FRONTRU | | FIELD: GREEN CANYON 338 | | WELL: A8 S02 FR-51D | | C6TDCJPDZB | | 6,704 |
BUDGET: GREEN CANYON 338 FRONTRU | | FIELD: GREEN CANYON 338 | | WELL: A6 S03 FR-51B-6 | | C6TD7K2DFY | | 585 |
Schedule 3.4 - 2
| | | | | | | | |
BUDGET: GREEN CANYON 338 FRONTRU | | FIELD: GREEN CANYON 338 | | WELL: A4 S04 FR-45ACDE | | D44IKQPB7W | | 3,149 |
BUDGET: GREEN CANYON 338 FRONTRU | | FIELD: GREEN CANYON 338 | | WELL: A-8 S04 FR-51B | | H1BGEE1D5K | | 3,961 |
BUDGET: GREEN CANYON 338 FRONTRU | | FIELD: GREEN CANYON 338 | | WELL: GC338 A7 | | EBBKDRBA4K | | 1,811 |
BUDGET: GREEN CANYON 338 FRONTRU | | GREEN CANYON BLOCK 339 GC382 A5 | | | | D1TJE24922 | | 50,889 |
BUDGET: GREEN CANYON 338 FRONTRU | | FIELD: GREEN CANYON 338 | | WELL: A3 S01 FR-47B/F | | C6TDLFMDPU | | 20,864 |
BUDGET: GREEN CANYON 338 FRONTRU | | FIELD: GREEN CANYON 338 | | WELL: GC338 A4 | | HBAJE5FB8B | | — |
BUDGET: GREEN CANYON 338 FRONTRU | | FIELD: GREEN CANYON 338 | | WELL: GC338 A8 | | C6TD96ADRY | | 31,678 |
BUDGET: GREEN CANYON 338 FRONTRU | | FIELD: GREEN CANYON 338 | | WELL: GC338 A6 | | C6TDI3K7VY | | 84,518 |
BUDGET: GREEN CANYON 338 FRONTRU | | FIELD: GREEN CANYON BLOCK 339 | | WELL: GC339 A1 ST02BP01 | | C6TDG51CT4 | | 31,684 |
BUDGET: GREEN CANYON 338 FRONTRU | | FIELD: GREEN CANYON 338 | | WELL: A2ST S01 FR-54A-E | | EBBF0E8A2R | | 58,820 |
BUDGET: GREEN CANYON 338 FRONTRU | | FIELD: GREEN CANYON 338 | | WELL: A2ST S04 FR-48 | | EBBF39MB47 | | 778 |
BUDGET: GREEN CANYON 338 FRONTRU | | FIELD: GREEN CANYON 338 | | WELL: A2ST S03 FR-50ABC | | EBBF2IOA35 | | — |
BUDGET: GREEN CANYON 338 FRONTRU | | FIELD: GREEN CANYON 338 | | WELL: A7ST S01 FR-48LM | | EBBKFMOA54 | | 33,890 |
BUDGET: GREEN CANYON 338 FRONTRU | | FIELD: GREEN CANYON 338 | | WELL: A2ST S02 FR-51AB | | GBUMON4B3W | | 28,601 |
BUDGET: GREEN CANYON 338 FRONTRU | | FIELD: GREEN CANYON BLOCK 339 | | WELL: | | HBRJNH0A44 | | 14,160 |
BUDGET: GREEN CANYON 338 FRONTRU Total | | | | | | | | 545,676 |
BUDGET: GREEN CANYON 679 CONSTIT | | FIELD: GC 679/680 FIELD | | WELL: GC 679#2 S01 | | F6MHCT2D18 | | 479 |
BUDGET: GREEN CANYON 679 CONSTIT | | FIELD: GC 679/680 FIELD | | WELL: GC 679#3 S01 | | F3AIS6MC1M | | 3,549 |
BUDGET: GREEN CANYON 679 CONSTIT | | FIELD: GC 679/680 FIELD | | WELL: GC 679#1st3 S01 | | F3AM0GOB8Q | | 4,425 |
Schedule 3.4 - 3
| | | | | | | | |
BUDGET: GREEN CANYON 679 CONSTIT Total | | | | | | | | 8,453 |
Rigel | | FIELD: MISSISSIPPI CANYON 252 | | WELL: MC296 SS1 BP01 | | F78ELF6F5M | | 140,739 |
Rigel Total | | | | | | | | 140,739 |
17 Hands | | FIELD: MISSISSIPPI CANYON 299 | | WELL: MC299 SS1 ST02 | | F71CN40B6Y | | 37,457 |
17 Hands Total | | | | | | | | 37,457 |
MISSISSIPPI CANYON 734 THUNDERHAWK | | FIELD: MC 734 THWK ATL #2ST2 S1 | | WELL: MC734 #2 ST02 | | H6FEFEU756 | | 58,218 |
MISSISSIPPI CANYON 734 THUNDERHAWK | | FIELD: MC 734 THWK ATL #5ST S2 P | | WELL: | | H6GF0O9F5R | | 9,704 |
MISSISSIPPI CANYON 734 THUNDERHAWK | | FIELD: MC 734 THWK ATL #4 S3 PEA | | WELL: | | H6GERKBE1O | | 828 |
MISSISSIPPI CANYON 734 THUNDERHAWK | | FIELD: MC 734 THWK ATL #4 S2 PIN | | WELL: | | H6GD3MAE3H | | 3,489 |
MISSISSIPPI CANYON 734 THUNDERHAWK | | FIELD: MC 734 THWK ATL #5ST S1 B | | WELL: | | H6GFJN1B3H | | 21,533 |
MISSISSIPPI CANYON 734 THUNDERHAWK | | FIELD: MC 734 THWK ATL #4 S1 BRO | | WELL: MC734 #4 | | H6GDO8HB1P | | 37,287 |
MISSISSIPPI CANYON 734 THUNDERHAWK | | MC 734 THWK ATL #5 S1 BROWN 2PB | | | | H6JCC38E19 | | 35 |
MISSISSIPPI CANYON 734 THUNDERHAWK | | MC 734 THWK ATL #5 S2 PINK 2PB | | | | H6JCNAXC3N | | 18,276 |
MISSISSIPPI CANYON 734 THUNDERHAWK | | MC 734 THWK ATL #6 S1 BROWN 2PB | | | | H6JCS98E5B | | 8,786 |
MISSISSIPPI CANYON 734 THUNDERHAWK | | MC 734 THWK ATL #6 S2 PINK 2PB | | | | H6JD3F6B7E | | 14,074 |
MISSISSIPPI CANYON 734 THUNDERHAWK | | MC 734 THWK ATL #7 S1 PEACH 3PS | | | | H6JDA7699E | | 7,394 |
BUDGET: MISSISSIPPI CANYON 734 T Total | | | | | | | | 179,623 |
BUDGET: MISS CANYON 771 GOLDFINGER | | FIELD: MISSISSIPPI CANYON 773 | | WELL: MC771 SS5 ST02 | | G4IH4NLA2X | | 48,215 |
BUDGET: MISS CANYON 771 GOLDFINGER | | FIELD: MISSISSIPPI CANYON 772 | | WELL: | | G4IHJPCB5W | | 3,705 |
BUDGET: MISS CANYON 771 GOLDFINGER Total | | | | | | | | 51,919 |
Schedule 3.4 - 4
| | | | | | | | |
Triton | | FIELD: MISSISSIPPI CANYON 728 | | WELL: | | G4JE39TF8G | | 1,325 |
Triton | | Field: MISSISSIPPI CANYON 773 | | Well/Sand : MC728#1 ST1 S1 RED/S | | G4JEONN75F | | 199,538 |
Triton | | Field: MISSISSIPPI CANYON 773 | | Well/Sand : MC 772 #4 S1 SB2/MID | | G4JEHLU92D | | 205,133 |
Triton Total | | | | | | | | 405,996 |
MISS CANYON 773 Devil’s Tower | | MISSISSIPPI CANYON 773 MC773 A2 | | | | G4CDGO7D8B | | — |
MISS CANYON 773 Devil’s Tower | | MISSISSIPPI CANYON 773 MC773 A3 | | | | G4DF9R38DZ | | — |
MISS CANYON 773 Devil’s Tower | | MISSISSIPPI CANYON 773 MC773 A4 | | | | G4DI49B7T8 | | — |
MISS CANYON 773 Devil’s Tower | | MISSISSIPPI CANYON 773 MC773 A4 | | | | G4DIAGI9WY | | — |
MISS CANYON 773 Devil’s Tower | | MISSISSIPPI CANYON 773 MC773 A5 | | | | G4DJDDRA3Q | | — |
MISS CANYON 773 Devil’s Tower | | MISSISSIPPI CANYON 773 MC773 A6 | | | | G4DKMPXAIP | | — |
MISS CANYON 773 Devil’s Tower | | FIELD: MISSISSIPPI CANYON 773 | | SAND: A-2 S2 BLUE FB A | | G4CERMKFHN | | 35,869 |
MISS CANYON 773 Devil’s Tower | | FIELD: MISSISSIPPI CANYON 773 | | SAND: A-2 S3 ORANGE FB A | | G4CF6TSAK3 | | 17,281 |
MISS CANYON 773 Devil’s Tower | | FIELD: MISSISSIPPI CANYON 773 | | SAND: A-5 S4 ORANGE FB A’ | | G4DJ5GXEFP | | 879 |
MISS CANYON 773 Devil’s Tower | | FIELD: MISSISSIPPI CANYON 773 | | SAND: A-5 S3 SB2 FB A | | G4DJQNJA9G | | 7,618 |
MISS CANYON 773 Devil’s Tower | | FIELD: MISSISSIPPI CANYON 773 | | SAND: A-5 S3A U/L BLUE A | | G5VL4DG8K4 | | 19,693 |
MISS CANYON 773 Devil’s Tower | | FIELD: MISSISSIPPI CANYON 773 | | WELL: MC 773 A-3 S3 ORANGE FB C | | G5QFO7N91Z | | 1,930 |
MISS CANYON 773 Devil’s Tower | | Well/Sand : A-7 S1 DKB/RED/PUR/S | | | | G4ECLFO92T | | 88,794 |
MISS CANYON 773 Devil’s Tower | | FIELD: MISSISSIPPI CANYON 773 | | WELL: MC772 A8 (#2) | | G4EEB1OCVM | | 40,198 |
MISS CANYON 773 Devil’s Tower | | FIELD: MISSISSIPPI CANYON 773 | | WELL: MC773 A1 (#6) | | G4CD0ASD43 | | 101,725 |
MISS CANYON 773 Devil’s Tower | | FIELD: MISSISSIPPI CANYON 773 | | WELL: MC773 A2 (#2) | | G4CE8D8EBT | | 6,429 |
Schedule 3.4 - 5
| | | | | | | | |
MISS CANYON 773 Devil’s Tower | | FIELD: MISSISSIPPI CANYON 773 | | WELL: MC773 A3 (#4) | | G4DFHC58GA | | 34,814 |
MISS CANYON 773 Devil’s Tower | | FIELD: MISSISSIPPI CANYON 773 | | WELL: MC773 A4 (#9) | | G4DIEF4BZU | | 25,367 |
MISS CANYON 773 Devil’s Tower | | FIELD: MISSISSIPPI CANYON 773 | | WELL: MC773 A6 BP01 (#7) | | G4DKQ9Q9LK | | 76,815 |
MISS CANYON 773 Devil’s Tower | | FIELD: MISSISSIPPI CANYON 773 | | WELL: MC773 A5 ST01 (#5) | | G4DJK9096F | | 51,511 |
MISS CANYON 773 Devil’s Tower | | MISSISSIPPI CANYON 773 2PB DNP | | A-6ST S1 GREEN FB A | | G4DK454EOU | | 1,077 |
MISS CANYON 773 Devil’s Tower | | MISSISSIPPI CANYON 773 2PB X A- | | A-7 S2 BLUE L FB A | | H1UH9M786F | | 1,769 |
MISS CANYON 773 Devil’s Tower | | MISSISSIPPI CANYON 773 3PS X A- | | A-1ST1 S1 BLUE FB B’ | | G4CKOTNC3G | | 2,264 |
MISS CANYON 773 Devil’s Tower | | MISSISSIPPI CANYON 773 3PS X A- | | A-7ST1 S2 ORANGE FB WF | | G4EDR8J9I5 | | 479 |
MISS CANYON 773 Devil’s Tower | | MISSISSIPPI CANYON 773 3PS X A- | | A-8ST1 S1A PURPLE FB D’ | | G4EG1JBAA4 | | 1,047 |
MISS CANYON 773 Devil’s Tower | | MISSISSIPPI CANYON 773 3PS X A- | | A-7ST1 S1 L BLUE FB WF | | G4EDERD9FU | | 235 |
MISS CANYON 773 Devil’s Tower Total | | | | | | | | 515,795 |
Thunderbird | | MC 819 820 Thunderbird to DT 2P | | | | G5RJCP0B4I | | 27,820 |
Thunderbird Total | | | | | | | | 27,820 |
Q Field | | MISSISSIPPI CANYON 961 | | | | GAOKSN8843 | | 237,773 |
Q Field Total | | | | | | | | 237,773 |
Neptune/Nile | | VIOSCA KNOLL 826 VK826 A1 ST01 1 | | | | B8N8OK2D00 | | — |
Neptune/Nile | | VIOSCA KNOLL 826 VK825 #5 1PV DE | | | | B8N8OJVE00 | | — |
Neptune/Nile | | VIOSCA KNOLL 826 VK825 #4 ST01 1 | | | | B8N8OJRE00 | | — |
Neptune/Nile | | FIELD: VIOSCA KNOLL 826 | | WELL: VK826 A14 | | B8N8OJME00 | | 1,396 |
Neptune/Nile | | FIELD: VIOSCA KNOLL 826 | | WELL: VK826 A10 | | B8N8OJJE00 | | 5,221 |
Neptune/Nile | | FIELD: VIOSCA KNOLL 826 | | WELL: VK826 A1ST (#5ST1) | | B8N8OK3D00 | | 5,709 |
Neptune/Nile | | FIELD: VIOSCA KNOLL 826 | | WELL: VK826 A3 (#8) | | B8N8OJ8D00 | | 1,202 |
Neptune/Nile | | FIELD: VIOSCA KNOLL 826 | | WELL: VK826 #12 | | B8N8OKFD00 | | 10,710 |
Schedule 3.4 - 6
| | | | | | | | |
Neptune/Nile | | FIELD: VIOSCA KNOLL 826 | | WELL: VK826 A12 | | C89CDETEK0 | | 6,506 |
Neptune/Nile | | FIELD: VIOSCA KNOLL 826 | | WELL: VK826 A12 BP01 | | B8N8OJ0D00 | | 18,457 |
Neptune/Nile | | FIELD: VIOSCA KNOLL 825 | | WELL: VK869 SS1 | | B8N8OJXE00 | | 6,153 |
Neptune/Nile | | FIELD: VIOSCA KNOLL 826 | | WELL: VK826 A5 (#9) | | B8N8OJAD00 | | 3,254 |
Neptune/Nile | | FIELD: VIOSCA KNOLL 826 | | WELL: VK826 A4 (#6) | | B8N8OJ9D00 | | 6,740 |
Neptune/Nile | | FIELD: VIOSCA KNOLL 826 | | WELL: VK826 A6 (#10) | | B8N8OJBD00 | | 3,737 |
Neptune/Nile | | FIELD: VIOSCA KNOLL 826 | | WELL: VK826 A7 (#11) | | B8N8OJDD00 | | 1,612 |
Neptune/Nile | | FIELD: VIOSCA KNOLL 826 | | WELL: VK826 A9 ST01 | | B8N8OJHE00 | | 1,240 |
Neptune/Nile | | FIELD: VIOSCA KNOLL 826 | | WELL: VK826 A13 | | BAQCEDP928 | | 9,788 |
Neptune/Nile | | FIELD: VIOSCA KNOLL 826 | | WELL: VK826 A8 | | B8N8OJFD00 | | 8 |
Neptune/Nile | | FIELD: VIOSCA KNOLL 826 | | WELL: VK826 #12 | | B8N8OKCD00 | | 4 |
Neptune/Nile | | FIELD: VIOSCA KNOLL 825 | | WELL: VK869 SS2 | | F56CKJMC41 | | 9,135 |
Neptune/Nile | | FIELD: VIOSCA KNOLL 826 | | WELL: VK826 A2 (#7) | | B8N8OJ2D00 | | — |
Neptune/Nile | | FIELD: VIOSCA KNOLL 826 | | WELL: VK826 A3 (#8) | | B8N8OJ5D00 | | 1,625 |
Neptune/Nile | | FIELD: VIOSCA KNOLL 826 | | WELL: VK826 A10 ST01 | | B8N8OJIE00 | | 13,888 |
Neptune/Nile Total | | | | | | | | 106,386 |
BUDGET: VIOSCA KNOLL 872 EINSET | | FIELD: VK872/873 FIELD | | WELL: VK873 SS1 ST01 | | B8N8OKNE00 | | — |
BUDGET: VIOSCA KNOLL 872 EINSET Total | | | | | | | | — |
FldAlias:EC331 EAST CAMERON BLOC | | OCS G08658 | | Well:EC331 A1 ROYALTY | | DCKL3JH9DB | | — |
FldAlias:EC331 EAST CAMERON BLOC | | | | Well:EC332 A17 EC332A17S2 | | G52DF6NF4L | | — |
FldAlias:EC331 EAST CAMERON BLOC | | OCS G09478 | | Well:EC332 A2 A002-S02 | | DCKL3LIAER | | — |
FldAlias:EC331 EAST CAMERON BLOC Total | | | | | | | | — |
FldAlias:EI39 EUGENE ISLAND BLOC | | BLK:39 OCS G15239 | | Well:EI39 A3 A003-S02 | | F3E16AOC1E | | — |
FldAlias:EI39 EUGENE ISLAND BLOC | | BLK:39 OCS G15239 | | Well:EI39 #2 ST01 0002-S01 | | B8N8O49C00 | | — |
FldAlias:EI39 EUGENE ISLAND BLOC | | | | Well:EI39 A2 A002-S02 | | G2MLKFOBNT | | — |
FldAlias:EI39 EUGENE ISLAND BLOC | | FldAlias:EI39 EUGENE ISLAND BLOC | | Seqnum:18412 Sand:CIB CARST 2C,D | | H6RBHOVCNX | | 14,378 |
FldAlias:EI39 EUGENE ISLAND BLOC | | BLK:39 OCS G15239 | | Well:EI39 A5 A005-S01 | | F41JR99921 | | — |
FldAlias:EI39 EUGENE ISLAND BLOC Total | | | | | | | | 14,378 |
GAS PLANT Total | | | | | | | | — |
Schedule 3.4 - 7
| | | | | | | | |
FldAlias:HI350 HIGH ISLAND BLOCK | | BLK 350: OCS G02428 | | Well:HI350 A22 BP01 A22-S1 | | F45E0SQCZK | | 1,104 |
FldAlias:HI350 HIGH ISLAND BLOCK | | BLK 350: OCS G02428 | | Well:HI350 A21 A21-S1 | | F4RJP748XW | | 236 |
FldAlias:HI350 HIGH ISLAND BLOCK | | BLK 350: OCS G02428 | | Well:HI350 A24 A-24 | | F45E3PGE4K | | — |
FldAlias:HI350 HIGH ISLAND BLOCK | | BLK 350: OCS G02428 | | Well:HI350 A20 ST01 A020-S01 | | B8N8O5SD00 | | 49 |
FldAlias:HI350 HIGH ISLAND BLOCK | | BLK 350: OCS G02428 | | Well:HI350 A23 A-23(A3ST) | | F45E3LQE3K | | — |
FldAlias:HI350 HIGH ISLAND BLOCK | | BLK 350: OCS G02428 | | Well:HI350 A19 A019-S01 | | B8N8O5RD00 | | — |
FldAlias:HI350 HIGH ISLAND BLOCK | | BLK 350: OCS G02428 | | Well:HI350 A13 A013-S01 | | B8N8O5MD00 | | 569 |
FldAlias:HI350 HIGH ISLAND BLOCK | | BLK 350: OCS G02428 | | Well:HI350 A1 A001-S01 | | B8N8O54C00 | | 819 |
FldAlias:HI350 HIGH ISLAND BLOCK Total | | | | | | | | 2,778 |
FldAlias:HI A1 HIGH ISLAND A1 | | 25566 | | Well:HIA1 #1 HI 169 #1 | | F92EONWCIZ | | 28,331 |
FldAlias:HI A1 HIGH ISLAND A1 Total | | | | | | | | 28,331 |
FldAlias:MP223 MAIN PASS BLOCK 2 | | FIELD: MAIN PASS 222/223 | | Well:MP250 A9 A009-S01 | | B8N8O8IE00 | | — |
FldAlias:MP223 MAIN PASS BLOCK 2 | | FIELD: MAIN PASS 222/223 | | Well:MP223 A11 ST02 A011-S01 | | C28IOTXB6G | | — |
FldAlias:MP223 MAIN PASS BLOCK 2 | | FIELD: MAIN PASS 222/223 | | Well:MP223 A7 A007-S01 | | B8N8O8ED00 | | — |
FldAlias:MP223 MAIN PASS BLOCK 2 | | FIELD: MAIN PASS 222/223 | | Well:MP223 A4 A004-S01 | | B8N8O8BD00 | | — |
FldAlias:MP223 MAIN PASS BLOCK 2 | | FIELD: MAIN PASS 222/223 | | Well:MP223 A6 A006-S01 | | B8N8O8DD00 | | — |
FldAlias:MP223 MAIN PASS BLOCK 2 Total | | | | | | | | — |
FldAlias:MP225 MAIN PASS BLOCK 2 | | BLK 225: OCS G13034 | | Well:MP249 A3 A003-S01 | | B8N8OPPD00 | | — |
FldAlias:MP225 MAIN PASS BLOCK 2 Total | | | | | | | | — |
Well:MP270 A2 BP01 A002-S01 | | FldAlias:MP270 MAIN PASS BLOCK 2 | | MAIN PASS BLOCK 270 Risk = 63% | | D65I2MX9PW | | 8,349 |
Well:MP270 A2 BP01 A002-S01 Total | | | | | | | | 8,349 |
FldAlias:MP270 MAIN PASS BLOCK 2 | | BLK 270: OCS G22812 | | Well:MP270 A1 A001-S01 | | D65H5K2EJV | | 6,192 |
Schedule 3.4 - 8
| | | | | | | | |
FldAlias:MP270 MAIN PASS BLOCK 2 | | BLK 270: OCS G22812 | | Well:MP270 A3 A3-S01 | | D65IE7F9QV | | 11,371 |
FldAlias:MP270 MAIN PASS BLOCK 2 Total | | | | | | | | 17,563 |
FldAlias:MP280 MAIN PASS BLOCK 2 | | | | Seqnum:17746 Sand:CRIS I | | FADFOHS9GC | | 63,346 |
FldAlias:MP280 MAIN PASS BLOCK 2 | | BLK 280: OCS G16515 | | Well:MP280 C1 C001-S01 | | B8N8OPUD00 | | 16,646 |
FldAlias:MP280 MAIN PASS BLOCK 2 | | BLK 280: OCS G16515 | | Well:MP280 C2 C002-S01 | | B8N8OPVD00 | | 25,042 |
FldAlias:MP280 MAIN PASS BLOCK 2 | | | | Well:MP280 #6 MP280 #6 | | FCKLQFECZC | | — |
FldAlias:MP280 MAIN PASS BLOCK 2 Total | | | | | | | | 105,035 |
FldAlias:MP281 MAIN PASS BLOCK 2 | | BLK 281:OCS G10 | | Well:MP281 A1S4 (#2) A001-S04 | | CBKFM0MF73 | | 63,960 |
FldAlias:MP281 MAIN PASS BLOCK 2 | | BLK 281: OCS G10910 | | Well:MP281 A4 (#4) A004-S02 | | B8N8ORQD00 | | 1,023 |
FldAlias:MP281 MAIN PASS BLOCK 2 | | BLK 281: OCS G10910 | | Well:MP281 A3 A003-S01 | | B8N8OQ0C00 | | 145 |
FldAlias:MP281 MAIN PASS BLOCK 2 | | BLK 281:OCS G10910 | | Well:MP281 A5 A005-S01 | | BCIG5PQEXK | | — |
FldAlias:MP281 MAIN PASS BLOCK 2 | | BLK 281: OCS G10910 | | Well:MP281 A1 (#2) A001-S03 | | B8N8OP1D00 | | 2,440 |
FldAlias:MP281 MAIN PASS BLOCK 2 | | BLK 281:OCS G10910 | | Well:MP281 A6 A006-S01 | | C29KRPEDJ8 | | — |
FldAlias:MP281 MAIN PASS BLOCK 2 | | BLK 281:OCS G10910 | | Seqnum:1188 Sand:13,300’ | | C73HL5QC2V | | 27,142 |
FldAlias:MP281 MAIN PASS BLOCK 2 Total | | | | | | | | 94,709 |
MAIN PASS 279 PLATFORM 1PV PLAT | | | | | | B8N8OPSD00 | | — |
MAIN PASS 279 PLATFORM 1PV PLAT Total | | | | | | | | — |
FldAlias:MUI861 MUSTANG ISLAND 8 | | MF-00924 | | Well:MU861 STATE UNIT #1 #1-S01 | | CBLGD64952 | | 1,031 |
FldAlias:MUI861 MUSTANG ISLAND 8 Total | | | | | | | | 1,031 |
ROYALTY DOTEPI OFFSHORE ROYALTIE | | | | | | DOTEPI07940 | | — |
Schedule 3.4 - 9
| | | | | | | | |
ROYALTY DOTEPI OFFSHORE ROYALTIE Total | | | | | | | | — |
MAIN PASS 178 MP178 A1 ST01 1PV | | | | | | H4CD0M47B9 | | — |
MAIN PASS 178 MP178 A1 ST01 1PV Total | | | | | | | | — |
SMI133 FIELD ABANDONMENT COSTS S | | | | | | DOTEPI07176 | | — |
SMI133 FIELD ABANDONMENT COSTS S Total | | | | | | | | — |
SOUTH MARSH ISLA 142 | | FIELD: SOUTH MARSH 142 RESERVOIR | | Well:SMI142 C3 C003W/O | | B8N8O9VE00 | | — |
SOUTH MARSH ISLA 142 | | FIELD: SOUTH MARSH 142 RESERVOIR | | Well:SMI142 C2 C002-X03 | | B8N8O9QE00 | | 739 |
SOUTH MARSH ISLA 142 | | Lease: FIELD: SOUTH MARSH 142 A/ | | Well Name: SMI142 A11 A11-S02 | | EBBFHLU9U3 | | 70 |
SOUTH MARSH ISLA 142 | | FIELD: SOUTH MARSH 142 RESERVOIR | | Well:SMI142 C3 C003-D01 | | B8N8O9RE00 | | 117 |
SOUTH MARSH ISLA 142 | | FIELD: SOUTH MARSH 142 RESERVOIR | | Well:SMI142 C3 C005 | | B8N8O9WE00 | | 664 |
SOUTH MARSH ISLA 142 | | FIELD: SOUTH MARSH 142 RESERVOIR | | Well:SMI142 C4 C004-S03 | | B8N8OA0D00 | | 343 |
SOUTH MARSH ISLA 142 | | FIELD: SOUTH MARSH 142 RESERVOIR | | Well:SMI142 C3 C003 | | B8N8O9XE00 | | 59 |
SOUTH MARSH ISLA 142 | | FIELD: SOUTH MARSH 142 RESERVOIR | | Well:SMI142 C4 C004-S02 | | B8N8O91E00 | | — |
SOUTH MARSH ISLA 142 | | FIELD: SOUTH MARSH 142 RESERVOIR | | Well:SMI142 C2 ST01 C002-D01 | | B8N8O9OE00 | | — |
SOUTH MARSH ISLA 142 | | FIELD: SOUTH MARSH 142 RESERVOIR | | Well:SMI142 C5 BP01 C5-D02 | | E6QFLI69C5 | | — |
SOUTH MARSH ISLA 142 | | FIELD: SOUTH MARSH 142 RESERVOIR | | Well:SMI142 C3 C003-DD02 | | B8N8O9SE00 | | — |
SOUTH MARSH ISLA 142 | | Lease: FIELD: SOUTH MARSH 142 A/ | | Well Name: SMI142 A11 A11-D02 | | EBBFHH07T3 | | — |
SOUTH MARSH ISLA 142 | | FIELD: SOUTH MARSH 142 RESERVOIR | | Well:SMI142 C5 BP01 C5-D01 | | B8N8O9UE00 | | — |
SOUTH MARSH ISLA 142 | | Lease: FIELD: SOUTH MARSH 142 A/ | | Well Name: SMI142 A11 A11-D01 | | B8N8OA1D00 | | — |
SOUTH MARSH ISLA 142 | | FIELD: SOUTH MARSH 142 RESERVOIR | | Well:SMI142 C3 C003D03 | | B8N8O9TE00 | | 674 |
Schedule 3.4 - 10
| | | | | | | | |
SOUTH MARSH ISLA 142 Total | | | | | | | | 2,665 |
SOUTH MARSH ISLAND 261 SMI260A P | | | | | | B8N8OAME00 | | — |
SOUTH MARSH ISLAND 261 SMI260A P Total | | | | | | | | — |
FldAlias: SHIP SHOAL 138 | | Well: SS138 #1 | | Seqnum:18503 Sand:R-3 | | HA9JDQMDLO | | 56,140 |
FldAlias: SHIP SHOAL 138 | | Well: SS138 #1 | | Seqnum:18499 Sand:Q | | HA9JTPI8AM | | 905 |
FldAlias: SHIP SHOAL 138 | | Well: SS138 #1 | | Seqnum:18500 Sand:R-O | | HA9JAGHEHR | | 794 |
FldAlias: SHIP SHOAL 138 | | Well: SS138 #1 | | Seqnum:18501 Sand:R-1 | | HA9JBETDJP | | 18,390 |
FldAlias: SHIP SHOAL 138 | | Well: SS138 #1 | | Seqnum:18502 Sand:R-2 | | HA9JC90EKP | | 1,119 |
FldAlias: SHIP SHOAL 138 | | Well:SS138 #1 BP01 SS138 #1 | | Seqnum:18504 Sand:X | | HA9JE30BMN | | 33,770 |
FldAlias: SHIP SHOAL 138 Total | | | | | | | | 111,118 |
SHIP SHOAL BLOCK 225 | | OCS-G-21657 | | FldAlias:SS225K SHIP SHOAL BLOCK | | CCHFGQD8AY | | — |
SHIP SHOAL BLOCK 225 Total | | | | | | | | — |
SHIP SHOAL 246 | | BLK 246: OCS G01027 | | Well:SS246 A7 A007-S08 | | B8N8OC6D00 | | 598 |
SHIP SHOAL 246 | | | | Well:SS246 A7 A007-S09 | | H6JIIGGAGR | | 22,643 |
SHIP SHOAL 246 | | A-5 DE SD SEG 2 (PVDN) | | Well:SS246 A5 A005-S04 | | B8N8OB5D00 | | 818 |
SHIP SHOAL 246 | | BLK 246: OCS G01027 | | Well:SS246 A20 ST01 A020-S01 | | B8N8OEED00 | | 1,016 |
SHIP SHOAL 246 | | A-19 DU SD SEG 2 (PVDN) | | Well:SS246 A19 BP01 A019-D08 | | B8N8OA0E00 | | 66 |
SHIP SHOAL 246 | | BLK 246: OCS G01027 | | Well:SS246 A4 A004-S02 | | B8N8OB1D00 | | 9 |
SHIP SHOAL 246 | | Lease: BLK 246: OCS G01027 | | Well Name: SS246 A6 A006-S05 | | B8N8OBAD00 | | 757 |
SHIP SHOAL 246 | | BLK 246: OCS G01027 | | Well:SS246 A7 A007-S06 | | B8N8OBGD00 | | 510 |
SHIP SHOAL 246 | | A-19 10100` SD SEG 2 (PVDN) | | Well:SS246 A19 BP01 A019-D09 | | B8N8OCFD00 | | 610 |
SHIP SHOAL 246 | | BLK 246: OCS G01027 | | Well:SS246 A5 A005-S03 | | B8N8OB4D00 | | 161 |
SHIP SHOAL 246 | | BLK 246: OCS G01027 | | Well:SS246 A14 A014-S08 | | B8N8ODOE00 | | 603 |
SHIP SHOAL 246 | | BLK 246: OCS G01027 | | Well:SS246 A11 A011-S01 | | B8N8OD7D00 | | 641 |
SHIP SHOAL 246 | | A-14 9000` SD SEG 2 (PVDN) | | SHIP SHOAL BLOCK 246-A,E | | B8N8OBHE00 | | — |
SHIP SHOAL 246 | | | | Well:SS249 H2 H002-S02 | | B8N8OEUE00 | | 111 |
SHIP SHOAL 246 | | SS246 J-1(1500) | | Well:SS246 J1 J1-D05 | | BARGAIE92U | | 120 |
Schedule 3.4 - 11
| | | | | | | | |
SHIP SHOAL 246 | | FIELD : SHIP SHOAL 247 F19 | | Seqnum:1177 Sand:3200’ | | C6TF4RW8PK | | 4 |
SHIP SHOAL 246 | | FIELD : SHIP SHOAL 247 F18 | | Seqnum:1176 Sand:3300’ | | C6TF4NW8MK | | 49 |
SHIP SHOAL 246 | | FIELD : SHIP SHOAL 247 F18ST1 | | Seqnum:1112 Sand:4300’ | | C3CL7S88R3 | | 352 |
SHIP SHOAL 246 | | FIELD : SHIP SHOAL 247 F18 | | Seqnum:1113 Sand:4000’ | | C3CL8RO9W3 | | 603 |
SHIP SHOAL 246 | | BLK 247: OCS G01028 | | Well:SS247 F17 ST01 F017-S02 | | B8N8OFKE00 | | 77 |
SHIP SHOAL 246 | | | | Well:SS247 F2 ST02 F002ST-S01 | | B8N8OF4D00 | | 187 |
SHIP SHOAL 246 | | BLK 247: OCS G01028 | | Well:SS247 F14 ST01 F014-S01 | | B8N8OFGD00 | | 58 |
SHIP SHOAL 246 | | FIELD : SHIP SHOAL 247 F18 | | Well:SS247 F18 ST01 F18-STK | | C3CL5F49L3 | | 51 |
SHIP SHOAL 246 | | | | Seqnum:603 Sand:EP-D SEG 2 | | B8N8OFVE00 | | 4,736 |
SHIP SHOAL 246 | | | | Seqnum:645 Sand:1500’ | | B8N8OH1D00 | | 248 |
SHIP SHOAL 246 | | D-20 1ST STRAY SD (PVDN) | | Well:SS248 D20 D020-S08 | | B8N8OGTE00 | | 940 |
SHIP SHOAL 246 | | BLK 248: OCS G01029 | | Well:SS248 G1 G001-S01 | | B8N8OGXE00 | | 117 |
SHIP SHOAL 246 | | D11 | | Seqnum:1115 Sand:DY SEG 3 | | C3FFEC1E7B | | 1,872 |
SHIP SHOAL 246 | | BLK 248: OCS G01030 | | Well:SS249 D5 D005-S02 | | B8N8OFUE00 | | 284 |
SHIP SHOAL 246 | | G-3 1200` SD (PVDP) | | Well:SS248 G3 G003-D02 | | B8N8OG0E00 | | — |
SHIP SHOAL 246 | | BLK 248: OCS G01029 | | Well:SS248 G2 G002-S01 | | B8N8OG1E00 | | — |
SHIP SHOAL 246 Total | | | | | | | | 38,240 |
FldAlias:SM17 SOUTH MARSH ISLAND | | OCS G12886 | | Well:SMI17 B1 B001S01 | | DCKLP1D87N | | 13 |
FldAlias:SM17 SOUTH MARSH ISLAND Total | | | | | | | | 13 |
FldAlias:ST72 | | | | Well: G22-S02 | | G7LHPAD9FL | | — |
FldAlias:ST72 | | BLK: 72 OCSG 1244 | | Well:ST72 #21 ST72 #21 | | E42IN13E6W | | — |
FldAlias:ST72 | | | | Well:ST72 G22 BP02 G22-S01 | | F4UIK7UBZP | | — |
Schedule 3.4 - 12
| | | | | | | | |
FldAlias:ST72 Total | | | | | | | | — |
VERMILION 160 | | OCS G03128 | | Well:VR159 AJ6 AJ6S05 | | DCKL5OOCK0 | | — |
VERMILION 160 Total | | | | | | | | — |
VERMILION 255 | | 0 | | Well:VR255 A7 ST02 A7STK-S06 | | F3HGNIRC1Y | | — |
VERMILION 255 | | | | Well:VR255 A7 ST02 A7STK-S0 | | B8N8OMTE00 | | — |
VERMILION 255 | | BLK 255: OCS G01152 | | Well:VR255 A6 (WB01) A006-STD01 | | B8N8OKWE00 | | — |
VERMILION 255 | | | | Well:VR255 A3 A003AS02 | | B8N8OKPE00 | | — |
VERMILION 255 | | BLK 255: OCS G01152 | | Well:VR256 A4 A004-D02 | | B8N8OKRE00 | | — �� |
VERMILION 255 | | FIELD: VERMILION 255H RESERVOIR: | | Well:VR255 H1 H001-D09 | | B8N8OMNE00 | | 789 |
VERMILION 255 | | FIELD: VERMILION 255H RESERVOIR: | | Well:VR255 H2 H002-D08 | | B8N8OMME00 | | 606 |
VERMILION 255 | | FIELD: VERMILION 255H RESERVOIR: | | Well:VR255 H1 H001-D07 | | B8N8OMCD00 | | 1,099 |
VERMILION 255 | | BLK 267: OCS | | Well:VR256 H6 H006-S02 | | CA8JAN1AKC | | 93 |
VERMILION 255 | | FIELD: VERMILION 255H RESERVOIR: | | Well:VR255 H2 H002-D07 | | B8N8OMLE00 | | — |
VERMILION 255 | | BLK 267: OCS | | Well:VR256 H6 H006-S01 | | C7QJ7KMC1B | | 108 |
VERMILION 255 | | FIELD: VERMILION 255H RESERVOIR: | | Well:VR255 H5 H005-S05 | | B8N8ON6E00 | | — |
VERMILION 255 | | FIELD: VERMILION 255H RESERVOIR: | | Well:VR255 H2 H002-D06 | | B8N8OMKE00 | | — |
VERMILION 255 | | FIELD: VERMILION 2000 PROGRAM RE | | Well:VR256 C9STK C9ST04 | | CBLGBMDC32 | | 214 |
VERMILION 255 | | BLK 267: OCS G02082 | | Well:VR268 C11 C0011-S01 | | B8N8ONTF00 | | — |
VERMILION 255 | | FIELD: VERMILION 2000 PROGRAM RE | | Well:VR268 C9 ST01 C9ST05 | | CBLGM3ODE2 | | 10 |
VERMILION 255 | | BLK 256: OCS G01153 | | Well:VR256 D5 D005-S02 | | B8N8ONGE00 | | 71 |
VERMILION 255 | | FIELD: VERMILION 256 D RESERVOIR | | Well:VR256 D3 WB01 D3STK-WB01 | | B8N8ONIF00 | | — |
Schedule 3.4 - 13
| | | | | | | | |
VERMILION 255 | | | | Well:VR256 E10 E10-S | | G76E7FFD6B | | — |
VERMILION 255 | | | | Well:VR256 E10 E10-S1 | | G1VE58T91O | | — |
VERMILION 255 | | BLK 268:OCS-G-02082 | | Well:VR268 J4 J4-S05 | | C6DDCRF91R | | 900 |
VERMILION 255 | | BLK 268:OCS-G-02082 | | Well:VR268 J4 J4-S06 | | E5UIAFEFLK | | — |
VERMILION 255 | | BLK 268:OCS-G-02082 | | Well:VM267 J5 J5-S02 | | C4JJRK67A1 | | 99 |
VERMILION 255 | | BLK 268:OCS-G-02082 | | Well:VR268 J4 J4-S03 | | C6DD88UBMR | | 651 |
VERMILION 255 | | BLK 268:OCS-G-02082 | | Well:VR268 J4 J4-S04 | | C6DDC67BWR | | 581 |
VERMILION 255 | | BLK 268:OCS-G-02082 | | Well:VR268 J4 J4-S02 | | C6DDJ5F9NR | | 696 |
VERMILION 255 | | BLK 268:OCS-G-02082 | | Well:VR268 J2 J2-S03 | | C3UIS8SBBJ | | 249 |
VERMILION 255 | | BLK 268:OCS-G-02082 | | Well:VR267 J5 J5-S01 | | B8N8O86D00 | | — |
VERMILION 255 | | BLK 268:OCS-G-02082 | | Well:VR267 J3 ST01 J3-S01 | | B8N8OSSD00 | | — |
VERMILION 255 | | FIELD: VERMILION 267 F RESERVOI: | | Well:VR276 F11 F11-S01 | | DBREG9A91Z | | — |
VERMILION 255 | | FIELD: VERMILION 267 F RESERVOI: | | Well:VR267 I1 I1-S03 | | B8N8OO1E00 | | — |
VERMILION 255 | | BLK 268: OCS G02082 | | Well:VR268 G5 G5-S02 | | DAHJCQVDCI | | 18 |
VERMILION 255 | | BLK 268: OCS G02082 | | Well:VR268 G1 G001-D01 | | B8N8OO3E00 | | — |
VERMILION 255 | | BLK 268: OCS G02082 | | Well:VR268 G6 G006 | | CBELMCU9XT | | — |
VERMILION 255 | | FIELD: VERMILION 268 RESERVOI: K | | Well:VR268 G6 G006 | | B8N8OOBE00 | | 1,047 |
VERMILION 255 | | FIELD: VERMILION 268 RESERVOI: K | | Well:VR268 G6 G006 | | B8N8OOAE00 | | 536 |
VERMILION 255 Total | | | | | | | | 7,767 |
VERMILION 313 | | FIELD: VERMILION 313 B RESERVOIR | | Well:VR313 B12 B012-S03 | | B8N8OQ5E00 | | — |
VERMILION 313 | | BLK 313: OCS G01172 | | Well:VR313 B3 B003-S04 | | B8N8OPIF00 | | — |
VERMILION 313 | | BLK 313: OCS G01172 | | Well:VR313 B5 B005-S04 | | B8N8OPMF00 | | — |
VERMILION 313 | | BLK 313: OCS G01172 | | Well:VR313 B10 B010-S04 | | B8N8OPXF00 | | — |
VERMILION 313 | | BLK 313: OCS G01172 | | Well:VR313 B12 B012-D02 | | B8N8OQ4E00 | | — |
VERMILION 313 | | BLK 313: OCS G01172 | | Well:VR313 B12 B012-D01 | | B8N8OQ3E00 | | — |
VERMILION 313 | | BLK 313: OCS G01172 | | Well:VR313 C4 C004-S01 | | B8N8OR4E00 | | — |
Schedule 3.4 - 14
| | | | | | | | |
VERMILION 313 | | BLK 313: OCS G01172 | | Well:VR313 C1 C001-X05 | | B8N8ORXF00 | | — |
VERMILION 313 | | BLK 313: OCS G01172 | | Well:VR313 C1 C001-D04 | | B8N8OR0F00 | | — |
VERMILION 313 | | BLK 313: OCS G01172 | | Well:VR313 C1 OFFSET X001-D02 | | D7CEQ3C9II | | — |
VERMILION 313 | | BLK 313: OCS G01172 | | Well:VR313 D1 D001-S0? | | D48E09HF1A | | — |
VERMILION 313 | | BLK 313: OCS G01172 | | Well:VR313 D2 D002-S05 | | D4IFD9UDSX | | — |
VERMILION 313 | | BLK 313: OCS G01172 | | Well:VR313 D5 D005-S02 | | D4IG30MB8U | | — |
VERMILION 313 | | BLK 313: OCS G01172 | | Well:VR313 D3 D003-S01 | | D4IFNR4FZV | | — |
VERMILION 313 | | BLK 313: OCS G01172 | | Well:VR313 D5 ST01 D005-S01 | | D9AFED17FJ | | — |
VERMILION 313 | | BLK 313: OCS G01172 | | Well:VR313 D3 D003-S02 | | D4IG79JB7U | | — |
VERMILION 313 | | BLK 313: OCS G01172 | | Well:VR313 D1 D001-S02 | | D9RE610C34 | | — |
VERMILION 313 | | BLK 313: OCS G01172 | | Well:VR313 D2 ST01 D002-S03 | | D4IFDPSDUX | | — |
VERMILION 313 | | BLK 313: OCS G01172 | | Well:VR313 D2 ST01 D002-S04 | | D4IFDE1DTX | | — |
VERMILION 313 Total | | | | | | | | — |
FldAlias:VM78 VERMILION BLOCK 78 | | | | Well:VR78 A3 ST#1 A003ST1S2 | | C4UF021EKY | | 808 |
FldAlias:VM78 VERMILION BLOCK 78 Total | | | | | | | | 808 |
FldAlias:WC100 WEST CAMERON BLOC | | FIELD : WEST CAMERON 100 | | Well:WC100 A3 ST0 A3STK-S0 | | DCILECP92A | | 21,192 |
FldAlias:WC100 WEST CAMERON BLOC | | FIELD : WEST CAMERON 100 | | Well:WC100 A3 ST02 A3STK-S02 | | F48EET6ALU | | — |
FldAlias:WC100 WEST CAMERON BLOC | | FIELD : WEST CAMERON 100 | | Well:WC100 A4 A004-S01 | | DCILAMJB14 | | 584 |
FldAlias:WC100 WEST CAMERON BLOC | | FIELD : WEST CAMERON 100 | | Seqnum:14810 Sand:MA1 | | E62JRS0CF2 | | 43,262 |
FldAlias:WC100 WEST CAMERON BLOC | | FIELD : WEST CAMERON 100 | | Well:WC100 A2 BP02 A002-S01 | | D38JE6V8FF | | 4,696 |
Schedule 3.4 - 15
| | | | | | | | |
FldAlias:WC100 WEST CAMERON BLOC | | FldAlias:WC100 | | Seqnum:17454 Sand: | | F7MJM2WBBX | | — |
FldAlias:WC100 WEST CAMERON BLOC Total | | | | | | | | 69,734 |
FIELD : WEST CAMERON 112 | | FIELD : WEST CAMERON 112 | | Well:WC112 A1 A1-S01 | | EC8JGFNB1Q | | 23,328 |
FIELD : WEST CAMERON 112 Total | | | | | | | | 23,328 |
FldAlias:WC130 WEST CAMERON | | | | Well:WC130 #3 #3 - MA2 | | HB3F4F4DDP | | 59 |
FldAlias:WC130 WEST CAMERON | | | | Well:WC130 #3 BP01 #3 | | F4UJMR8C9X | | 36,328 |
FldAlias:WC130 WEST CAMERON | | | | Well:WC130 VPP2 WC130 VPP2 | | F7MJM8CCDX | | — |
FldAlias:WC130 WEST CAMERON | | FIELD : WEST CAMERON 130 RESERVO | | Well:WC130 A1 A001-S02 | | B8N8OS2E00 | | 26,950 |
FldAlias:WC130 WEST CAMERON | | | | Well:WC130 #2 ST01 A002-S01 | | E4ODTEUBHF | | 3,256 |
FldAlias:WC130 WEST CAMERON Total | | | | | | | | 66,593 |
FIELD : WEST CAMERON 153 | | FIELD : WEST CAMERON 153 | | Well:WC153 #2 ST01 #2 ST-1 | | EBEF9LIC3A | | — |
FIELD : WEST CAMERON 153 | | FldAlias:WC153 WEST CAMERON BLOC | | Seqnum:18441 Sand: | | H81CQMUB29 | | — |
FIELD : WEST CAMERON 153 | | | | Well:WC153 #2 ST02 #2 ST-2 | | G6NE35SD75 | | — |
FIELD : WEST CAMERON 153 Total | | | | | | | | — |
FldAlias:WC225 WEST CAMERON | | 4650` NO. 6 (PVDN) | | Well:WC225 NO. 6 NO. 6-S02 | | BAAK44UF18 | | — |
FldAlias:WC225 WEST CAMERON | | 4900` NO. 6 (PVDN) | | Well:WC225 #6 NO. 6-S01 | | BAAKEB0AV8 | | — |
FldAlias:WC225 WEST CAMERON | | C-1 4800` SD | | Well:WC225 C1 C001-D04 | | B8N8OSAE00 | | 266 |
FldAlias:WC225 WEST CAMERON | | C-1 4200’ SD (PVDN) | | Well:WC225 C1 C001-D03 | | B8N8OS9E00 | | 5,728 |
FldAlias:WC225 WEST CAMERON Total | | | | | | | | 5,993 |
FIELD: WEST CAMERON 570 A & B PL | | WEST CAMERON 565 WC566 C PLATFOR | | | | B8N8OTTF00 | | — |
FIELD: WEST CAMERON 570 A & B PL Total | | | | | | | | — |
FldAlias:WC72 WEST CAMERON BLOCK | | | | Seqnum:18449 Sand:MA-2 | | H87D5419MD | | 7,883 |
FldAlias:WC72 WEST CAMERON BLOCK | | | | Seqnum:18450 Sand:CA-6 | | H87DJ5D8OG | | 3,937 |
Schedule 3.4 - 16
| | | | | | | | |
FldAlias:WC72 WEST CAMERON BLOCK | | | | Well:WC72 #2 | | F1MHBC0942 | | — |
FldAlias:WC72 WEST CAMERON BLOCK | | | | Seqnum:17354 Sand:MA-3 | | F4UISI97JO | | 80,951 |
FldAlias:WC72 WEST CAMERON BLOCK | | BLK72: OCS G23735 | | Well:WC72 #1 #1-S01 | | E9NDGTSAMY | | 24 |
FldAlias:WC72 WEST CAMERON BLOCK Total | | | | | | | | 92,795 |
WEST CAMERON 76/61 | | A-1 MA-1 SD SEG 1 (PVDN) | | Well:WC76 A1 A001-D03 | | B8N8P0CA00 | | 606 |
WEST CAMERON 76/61 | | A-1 MA-2 SD SEG 1 (PVDN) | | Well:WC76 A1 A001-D02 | | B8N8P0BA00 | | 2,431 |
WEST CAMERON 76/61 | | A-3 CRIS A SD (PVDN) | | Well:WC61 A3 A003-S03 | | B8N8P0IB00 | | 6,534 |
WEST CAMERON 76/61 | | A-5 MA-3 SD (PBUD) | | Well:WC77 A5 A005-S01 | | C6CDLH29IR | | 21,495 |
WEST CAMERON 76/61 | | A-3 MA-1 SD SEG 3 (PVDN) | | Well:WC61 A3 A003-S02 | | B8N8P0HB00 | | 12,990 |
WEST CAMERON 76/61 | | BLK 61: OCS G09386 | | Well:WC76 A1 A001-S01 | | B8N8P0DA00 | | 3,983 |
WEST CAMERON 76/61 | | B-3 MA-2/MA-3 SDS SEG 5 (PVDP) | | Well:WC76 B3 ST01 B003-S01 | | B8N8P0QB00 | | — |
WEST CAMERON 76/61 | | B-4 MA-1 SD SEG 6 (PVDN) | | Well:WC76 B4 B004-S02 | | B8N8P0SB00 | | 12,193 |
WEST CAMERON 76/61 | | B-5 MA-2/MA-3 SDS (PVDP) | | Well:WC77 B5 ST01 B005-S01 | | B8N8P0TB00 | | 18,416 |
WEST CAMERON 76/61 | | BLK 61: OCS G09383 | | Well:WC60 A2 A002-S01 | | B8N8P0FA00 | | 5,240 |
WEST CAMERON 76/61 | | | | Well:WC77 #2 ST01 WC77#2ST01 | | G8HCADS91O | | 11,698 |
WEST CAMERON 76/61 | | | | Well:WC77 #2 ST01 WC77#2ST01 | | G9SL47N99Y | | 1,873 |
WEST CAMERON 76/61 | | | | Well:WC77 #2 ST01 WC77#2ST01 | | G9SKTNOC8W | | 101 |
WEST CAMERON 76/61 Total | | | | | | | | 97,561 |
Grand Total | | | | | | | | 4,077,000 |
Schedule 1.2 - 17
| | | | | | | | | | |
Project | | Category | | Location | | Block # | | Lease | | Assigned Exploration Value (k$ /block) |
DEVILS TOWER (MC 773) | | Deepwater Developed | | Mississipi Canyon | | 773 | | L018726 | | |
EINSET (VK 873) | | Deepwater Developed | | Viosca Knoll | | 873 | | L015533 | | |
FRONT RUNNER (GC 338) | | Deepwater Developed | | Green Canyon | | 338 | | L020029 | | |
FRONT RUNNER (GC 339) | | Deepwater Developed | | Green Canyon | | 339 | | L020030 | | |
GOLDFINGER (MC 771) | | Deepwater Developed | | Mississipi Canyon | | 771 | | L022222 | | |
HURRICANE (EW 966) | | Deepwater Developed | | Ewing Bank | | 966 | | L021216 | | 500 |
MEDINAH (GC 679) “Constitution” | | Deepwater Developed | | Green Canyon | | 679 | | L020383 | | |
MEDINAH (GC 679) “Constitution” | | Deepwater Developed | | Green Canyon | | 679 | | L020383 | | |
NAUTILUS (VK 734) | | Deepwater Developed | | Viosca Knoll | | 734 | | L013638 | | |
NEPTUNE (VK 825) | | Deepwater Developed | | Viosca Knoll | | 825 | | L011436 | | |
NEPTUNE (VK 826) | | Deepwater Developed | | Viosca Knoll | | 826 | | L011325 | | |
NEPTUNE (VK 869) | | Deepwater Developed | | Viosca Knoll | | 869 | | L011326 | | |
POPEYE (GC 116) | | Deepwater Developed | | Green Canyon | | 116 | | L010895 / 00 | | |
POPEYE (GC 117) | | Deepwater Developed | | Green Canyon | | 117 | | L010896 / 00 | | |
POPEYE (GC 72) | | Deepwater Developed | | Green Canyon | | 72 | | L018945 | | |
QUATRAIN (GC 382) | | Deepwater Developed | | Green Canyon | | 382 | | L021710 | | 30,081 |
RIGEL (MC 296) | | Deepwater Developed | | Mississipi Canyon | | 296 | | L018615 | | |
SEVENTEEN HANDS (MC 299) | | Deepwater Developed | | Mississipi Canyon | | 299 | | L020371 | | |
TRITON SHALLOW (MC728) | | Deepwater Developed | | Mississipi Canyon | | 728 | | L021892 | | |
TRITON SHALLOW (MC772) | | Deepwater Developed | | Mississipi Canyon | | 772 | | L021873 | | |
TRITON SHALLOW (MC772) | | Deepwater Developed | | Mississipi Canyon | | 772 | | L021873 | | |
007 (MC 125) | | Deepwater Undeveloped | | Mississipi Canyon | | 125 | | L022363 | | 3,264 |
ARAPAHO (MC 595) | | Deepwater Undeveloped | | Mississipi Canyon | | 595 | | L016620 | | |
ARAPAHO (MC 639) | | Deepwater Undeveloped | | Mississipi Canyon | | 639 | | L016621 | | |
BADGERS (GC 425) | | Deepwater Undeveloped | | Green Canyon | | 425 | | L021749 | | 22,724 |
BONANZA (KC 672) | | Deepwater Undeveloped | | Keathley Canyon | | 672 | | L024578 | | |
BOX CARS (MC 955) | | Deepwater Undeveloped | | Mississipi Canyon | | 955 | | L021401 | | 3,927 |
CALISTO (GC 443) | | Deepwater Undeveloped | | Green Canyon | | 443 | | L013290 | | 1,084 |
CANASTA (MC 36) | | Deepwater Undeveloped | | Mississipi Canyon | | 36 | | L022371 | | |
CASINO ROYALE (AT 68) | | Deepwater Undeveloped | | Atwater Valley | | 68 | | L022350 | | 2,193 |
CHILKOOT (GC 232) | | Deepwater Undeveloped | | Green Canyon | | 232 | | L026770 | | |
CHILKOOT (GC 276) | | Deepwater Undeveloped | | Green Canyon | | 276 | | L026771 | | |
CHILKOOT (GC 319) | | Deepwater Undeveloped | | Green Canyon | | 319 | | L026772 | | |
CHILKOOT (GC 320) | | Deepwater Undeveloped | | Green Canyon | | 320 | | L026773 | | |
CHILKOOT (GC 364) | | Deepwater Undeveloped | | Green Canyon | | 364 | | L026774 | | |
CHILKOOT (GC 408) | | Deepwater Undeveloped | | Green Canyon | | 408 | | L026775 | | |
CHILKOOT NORTH (GC 277) | | Deepwater Undeveloped | | Green Canyon | | 277 | | L027215 | | |
CLARK FORK (DC 311) | | Deepwater Undeveloped | | Desoto Canyon | | 311 | | L021967 | | 1,020 |
CLAYMORE (AT 140) | | Deepwater Undeveloped | | Atwater Valley | | 140 | | L028431 | | |
CLAYMORE (AT 141) | | Deepwater Undeveloped | | Atwater Valley | | 141 | | L028433 | | |
Schedule 3.4 - 18
| | | | | | | | | | |
CLAYMORE (AT 96) | | Deepwater Undeveloped | | Atwater Valley | | 96 | | L025782 | | |
CLOSER (GC 337) | | Deepwater Undeveloped | | Green Canyon | | 337 | | L021290 | | |
CLOSER (GC 381) | | Deepwater Undeveloped | | Green Canyon | | 381 | | L021748 | | |
COOL PAPA (GC 380) | | Deepwater Undeveloped | | Green Canyon | | 380 | | L021642 | | |
COOTER BROWN (MC 828) | | Deepwater Undeveloped | | Mississippi Canyon | | 828 | | L027062 | | 5,141 |
COUGAR (EB 875) | | Deepwater Undeveloped | | East Breaks | | 875 | | L015368 | | |
COUGAR (EB 876) | | Deepwater Undeveloped | | East Breaks | | 876 | | L015369 | | |
CROWN & ANCHOR (VK 1004) | | Deepwater Undeveloped | | Viosca Knoll | | 1004 | | L027220 | | 2,401 |
CROWN & ANCHOR (VK 959) | | Deepwater Undeveloped | | Viosca Knoll | | 959 | | L028366 | | 15,263 |
CROWN & ANCHOR (VK 960) | | Deepwater Undeveloped | | Viosca Knoll | | 960 | | L027219 | | 17,664 |
DERBIGNY (GB 713) | | Deepwater Undeveloped | | Garden Banks | | 713 | | L013544 | | |
DERBIGNY (GB 714) | | Deepwater Undeveloped | | Garden Banks | | 714 | | L013545 | | |
DOUBLOON (MC 641) | | Deepwater Undeveloped | | Mississippi Canyon | | 641 | | L023622 | | 778 |
DOUBLOON (MC 685) | | Deepwater Undeveloped | | Mississippi Canyon | | 685 | | L023623 | | 778 |
EAGLE (GB 780) | | Deepwater Undeveloped | | Garden Banks | | 780 | | L013538 | | 1,043 |
EAGLE (GB 781) | | Deepwater Undeveloped | | Garden Banks | | 781 | | L013539 | | 1,043 |
EAGLE (GB 825) | | Deepwater Undeveloped | | Garden Banks | | 825 | | L013540 | | 1,043 |
EINSET (VK 872) | | Deepwater Undeveloped | | Viosca Knoll | | 872 | | L015536 | | |
EXACTA BOX (GC 426) | | Deepwater Undeveloped | | Green Canyon | | 426 | | L021711 | | 4,000 |
EXACTA BOX (GC 427 W2) | | Deepwater Undeveloped | | Green Canyon | | 427 W2 | | L021292 | | 781 |
LECOMTE (GC 427 E2) | | Deepwater Undeveloped | | Green Canyon | | 427 E2 | | L021292 | | |
EXTRAVAGANZA (MC 690) | | Deepwater Undeveloped | | Mississippi Canyon | | 690 | | L023625 | | 5,678 |
FOUR WINDS (MC 435) | | Deepwater Undeveloped | | Mississippi Canyon | | 435 | | L028383 | | 4,378 |
FULL ODDS (AT 112) | | Deepwater Undeveloped | | Atwater Valley | | 112 | | L021393 | | 850 |
GOLD RUSH (GB 292) | | Deepwater Undeveloped | | Garden Banks | | 292 | | L024730 | | |
GOLD RUSH (GB 293) | | Deepwater Undeveloped | | Garden Banks | | 293 | | L023039 | | |
GOLD RUSH (GB 337) | | Deepwater Undeveloped | | Garden Banks | | 337 | | L023040 | | |
GOLDENEYE (AT 26) | | Deepwater Undeveloped | | Atwater Valley | | 26 | | L022360 | | |
GOLDENEYE (AT 70) | | Deepwater Undeveloped | | Atwater Valley | | 70 | | L022361 | | |
GREEN CANYON 336 | | Deepwater Undeveloped | | Green Canyon | | 336 | | L021289 | | |
GRETCHEN (GC 114) | | Deepwater Undeveloped | | Green Canyon | | 114 | | L018946 | | |
HALF MOON (MC 670) | | Deepwater Undeveloped | | Mississippi Canyon | | 670 | | L027094 | | 29,759 |
HAWK (GB 839) | | Deepwater Undeveloped | | Garden Banks | | 839 | | L013542 | | |
HURRICANE (GC 40) | | Deepwater Undeveloped | | Green Canyon | | 40 | | L021214 | | |
KARA (GC 183) | | Deepwater Undeveloped | | Green Canyon | | 183 | | L022203 | | 2,890 |
DRACO (KC 204 | | Deepwater Undeveloped | | Keathley Canyon | | 204 | | L028435 | | 27,071 |
DRACO (KC 205) | | Deepwater Undeveloped | | Keathley Canyon | | 205 | | L028436 | | 24,776 |
DRACO (KC 206) | | Deepwater Undeveloped | | Keathley Canyon | | 206 | | L028437 | | 16,233 |
LECOMTE (GC 428) | | Deepwater Undeveloped | | Green Canyon | | 428 | | L021400 | | 3,000 |
LECOMTE (GC 471) | | Deepwater Undeveloped | | Green Canyon | | 471 | | L021293 | | 2,020 |
LEXINGTON (GC 383 N2;SE4) | | Deepwater Undeveloped | | Green Canyon | | 383 N2, SE4 | | L021291 | | |
EXACTA BOX (GC 383 SW4) | | Deepwater Undeveloped | | Green Canyon | | 383 N2, SE4 | | L021291 | | |
MANISTEE (DC 309) | | Deepwater Undeveloped | | Desoto Canyon | | 309 | | L021966 | | 1,360 |
MARANON NORTH (DC 707) | | Deepwater Undeveloped | | Desoto Canyon | | 707 | | L024992 | | 1,275 |
MARANON SOUTH (DC751) | | Deepwater Undeveloped | | Desoto Canyon | | 751 | | L024993 | | 1,530 |
Schedule 3.4 - 19
| | | | | | | | | | |
MARICHAL (GC 648) | | Deepwater Undeveloped | | Green Canyon | | 648 | | L028434 | | 16,691 |
MARICHAL (GC 691) | | Deepwater Undeveloped | | Green Canyon | | 691 | | L016674 | | 21,868 |
MARICHAL (GC 692) | | Deepwater Undeveloped | | Green Canyon | | 692 | | L016675 | | 4,956 |
MASK (MC 824) | | Deepwater Undeveloped | | Mississippi Canyon | | 824 | | L023624 | | |
MERMAID (MC 997) | | Deepwater Undeveloped | | Mississippi Canyon | | 997 | | L027061 | | 4,930 |
MIGHTY JOE YOUNG (GC 737) | | Deepwater Undeveloped | | Green Canyon | | 737 | | L020682 | | |
MONEY PENNY (MC 906) | | Deepwater Undeveloped | | Mississippi Canyon | | 906 | | L022268 | | 638 |
MONEY PENNY (MC 907) | | Deepwater Undeveloped | | Mississippi Canyon | | 907 | | L022267 | | 638 |
MR OCTOBER (MC 515) | | Deepwater Undeveloped | | Mississippi Canyon | | 515 | | L022538 | | 2,295 |
NIOBRARA (DC 577) | | Deepwater Undeveloped | | Desoto Canyon | | 577 | | L021968 | | 2,426 |
NOT STIRRED (MC 210) | | Deepwater Undeveloped | | Mississippi Canyon | | 210 | | L022540 | | |
ODD JOB (MC 213) | | Deepwater Undeveloped | | Mississippi Canyon | | 213 | | L022373 | | 707 |
ODD JOB (MC 214) | | Deepwater Undeveloped | | Mississippi Canyon | | 214 | | L022374 | | 1,893 |
ODD JOB (MC 215) | | Deepwater Undeveloped | | Mississippi Canyon | | 215 | | L022221 | | 715 |
OSPREY (GB 931) | | Deepwater Undeveloped | | Garden Banks | | 931 | | L013541 | | |
PALMER (GC 603) | | Deepwater Undeveloped | | Green Canyon | | 603 | | L020375 | | 25,228 |
PALMER (GC 604) | | Deepwater Undeveloped | | Green Canyon | | 604 | | L021786 | | 29,282 |
PALOMINO (AT 428) | | Deepwater Undeveloped | | Atwater Valley | | 428 | | L028385 | | 37,806 |
PALOMINO (AT 429) | | Deepwater Undeveloped | | Atwater Valley | | 429 | | L028386 | | 9,344 |
PARLAY (GC 750) | | Deepwater Undeveloped | | Green Canyon | | 750 | | L021287 | | 5,100 |
THUNDERBALL (GC 342) | | Deepwater Undeveloped | | Green Canyon | | 342 | | L013272 | | 5,452 |
THUNDERBALL (GC 341) | | Deepwater Undeveloped | | Green Canyon | | 341 | | L024019 | | 4,602 |
PEGASUS (GC 386) | | Deepwater Undeveloped | | Green Canyon | | 386 | | L013273 | | 27,841 |
PEGASUS (GC 385) | | Deepwater Undeveloped | | Green Canyon | | 385 | | L024020 | | 35,706 |
POPEYE, WEST (GC 115) | | Deepwater Undeveloped | | Green Canyon | | 115 | | L015040 | | |
POPEYE, WEST (GC 115) | | Deepwater Undeveloped | | Green Canyon | | 115 | | L015040 | | |
POPEYE, WEST (GC 115) | | Deepwater Undeveloped | | Green Canyon | | 115 | | L015040 | | |
PROWLER (MC 1001) | | Deepwater Undeveloped | | Mississippi Canyon | | 1001 | | L028368 | | 2,165 |
PROWLER (MC 957) | | Deepwater Undeveloped | | Mississippi Canyon | | 957 | | L028367 | | 4,329 |
Q (MC 1004) | | Deepwater Undeveloped | | Mississippi Canyon | | 1004 | | L022524 | | |
Q (MC 1005) | | Deepwater Undeveloped | | Mississippi Canyon | | 1005 | | L022525 | | |
Q (MC 960) | | Deepwater Undeveloped | | Mississippi Canyon | | 960 | | L022523 | | |
Q (MC 961) | | Deepwater Undeveloped | | Mississippi Canyon | | 961 | | L025725 | | |
RAINMAKER (GC 958) | | Deepwater Undeveloped | | Green Canyon | | 958 | | L020351 | | 3,453 |
RIGEL (MC 208) | | Deepwater Undeveloped | | Mississippi Canyon | | 208 | | L018733 | | |
RIGEL (MC 252) | | Deepwater Undeveloped | | Mississippi Canyon | | 252 | | L018734 | | |
SAN JACINTO (DC 618) | | Deepwater Undeveloped | | Desoto Canyon | | 618 | | L022014 | | |
SAN JACINTO (DC 619) | | Deepwater Undeveloped | | Desoto Canyon | | 619 | | L025426 | | |
SAZERAC (WR 287) | | Deepwater Undeveloped | | WR | | 287 | | L027095 | | 19,064 |
SAZERAC (WR 288) | | Deepwater Undeveloped | | WR | | 288 | | L027096 | | 49,640 |
SAZERAC (WR 332) | | Deepwater Undeveloped | | WR | | 332 | | L027097 | | 19,064 |
Schedule 3.4 - 20
| | | | | | | | | | |
SEVENTEEN HANDS SOUTH (MC 343) | | Deepwater Undeveloped | | Mississippi Canyon | | 343 | | L022284 | | |
SHAKEN (MC 209) | | Deepwater Undeveloped | | Mississippi Canyon | | 209 | | L022539 | | |
SHINER (GB 657) | | Deepwater Undeveloped | | Garden Banks | | 657 | | L013535 | | 1,127 |
SHINER (GB 657) | | Deepwater Undeveloped | | Garden Banks | | 657 | | L013535 | | |
SHINER (GB 700) | | Deepwater Undeveloped | | Garden Banks | | 700 | | L013536 | | 4,133 |
SHINER (GB 700) | | Deepwater Undeveloped | | Garden Banks | | 700 | | L013536 | | |
SHINER (GB 701) | | Deepwater Undeveloped | | Garden Banks | | 701 | | L013537 | | 4,133 |
SHINER (GB 701) | | Deepwater Undeveloped | | Garden Banks | | 701 | | L013537 | | |
SILVERADO (MC 945) | | Deepwater Undeveloped | | Mississippi Canyon | | 945 | | L028392 | | 6,698 |
SLAM WEST (MC 892) | | Deepwater Undeveloped | | Mississippi Canyon | | 892 | | L023629 | | 1,663 |
SLAMMER (MC 849) | | Deepwater Undeveloped | | Mississippi Canyon | | 849 | | L022285 | | 3,325 |
SOONER (GC 208) | | Deepwater Undeveloped | | Green Canyon | | 208 | | L025723 | | 1,253 |
SOONER (GC 209) | | Deepwater Undeveloped | | Green Canyon | | 209 | | L025724 | | 1,532 |
SPIDERMAN (DC 620) | | Deepwater Undeveloped | | Desoto Canyon | | 620 | | L021969 | | |
SPIDERMAN (DC 621) | | Deepwater Undeveloped | | Desoto Canyon | | 621 | | L024570 | | |
TAYLOR (DC 797) | | Deepwater Undeveloped | | Desoto Canyon | | 797 | | L027050 | | 1,700 |
THUNDER HAWK (MC 734) | | Deepwater Undeveloped | | Mississippi Canyon | | 734 | | L020372 | | |
THUNDER RIDGE (MC 648) | | Deepwater Undeveloped | | Mississippi Canyon | | 648 | | L027090 | | |
THUNDER RIDGE (MC 692) | | Deepwater Undeveloped | | Mississippi Canyon | | 692 | | L028341 | | |
THUNDER RIDGE (MC 693) | | Deepwater Undeveloped | | Mississippi Canyon | | 693 | | L028384 | | |
THUNDER RIDGE (MC 693) | | Deepwater Undeveloped | | Mississippi Canyon | | 693 | | L028384 | | |
THUNDER RIDGE (MC 693) | | Deepwater Undeveloped | | Mississippi Canyon | | 693 | | L028384 | | |
THUNDER RIDGE (MC 736) | | Deepwater Undeveloped | | Mississippi Canyon | | 736 | | L027091 | | |
THUNDER RIDGE (MC 737) | | Deepwater Undeveloped | | Mississippi Canyon | | 737 | | L028342 | | |
THUNDER RIDGE (MC 737) | | Deepwater Undeveloped | | Mississippi Canyon | | 737 | | L028342 | | |
THUNDER RIDGE (MC 737) | | Deepwater Undeveloped | | Mississippi Canyon | | 737 | | L028342 | | |
THUNDER RIDGE (MC 780) | | Deepwater Undeveloped | | Mississippi Canyon | | 780 | | L027059 | | |
THUNDER RIDGE (MC 781) | | Deepwater Undeveloped | | Mississippi Canyon | | 781 | | L027092 | | |
THUNDERBIRD (MC 819) | | Deepwater Undeveloped | | Mississippi Canyon | | 819 | | L027093 | | |
TROGG (KC 7) | | Deepwater Undeveloped | | Keathley Canyon | | 7 | | L018865 | | |
TRITON SHALLOW (MC 729) | | Deepwater Undeveloped | | Mississippi Canyon | | 729 | | L021872 | | |
TURNBERRY (AT 91) | | Deepwater Undeveloped | | Atwater Valley | | 91 | | L020352 | | 5,588 |
TURNBERRY (AT 92) | | Deepwater Undeveloped | | Atwater Valley | | 92 | | L020353 | | |
TURNBERRY S (AT 136) | | Deepwater Undeveloped | | Atwater Valley | | 136 | | L021288 | | |
URUBAMBA (DC 663) | | Deepwater Undeveloped | | Desoto Canyon | | 663 | | L024991 | | 1,984 |
VESPER (AT 113) | | Deepwater Undeveloped | | Atwater Valley | | 113 | | L022351 | | 213 |
VESPER (AT 114) | | Deepwater Undeveloped | | Atwater Valley | | 114 | | L022352 | | 213 |
VESPER (AT 157) | | Deepwater Undeveloped | | Atwater Valley | | 157 | | L022353 | | 213 |
VESPER (AT 158) | | Deepwater Undeveloped | | Atwater Valley | | 158 | | L025546 | | 213 |
WEST RAPTOR (DC 401) | | Deepwater Undeveloped | | Desoto Canyon | | 401 | | L026407 | | |
Schedule 3.4 - 21
| | | | | | | | | | |
WEST RAPTOR (DC 445) | | Deepwater Undeveloped | | Desoto Canyon | | 445 | | L026408 | | |
WEST RAPTOR (DC 489) | | Deepwater Undeveloped | | Desoto Canyon | | 489 | | L026409 | | |
WILD THING (GB 841) | | Deepwater Undeveloped | | Garden Banks | | 841 | | L015377 | | |
WINTER PARK (GC 583) | | Deepwater Undeveloped | | Green Canyon | | 583 | | L026776 | | |
WINTER PARK (GC 627) | | Deepwater Undeveloped | | Green Canyon | | 627 | | L026777 | | |
WINTER PARK (GC 628) | | Deepwater Undeveloped | | Green Canyon | | 628 | | L026778 | | |
YANKEE CLIPPER (GC 513) | | Deepwater Undeveloped | | Green Canyon | | 513 | | L021402 | | |
YANKEE CLIPPER (GC 557) | | Deepwater Undeveloped | | Green Canyon | | 557 | | L021403 | | |
ZEPPELIN (GC 489) | | Deepwater Undeveloped | | Green Canyon | | 489 | | L027216 | | 2,550 |
Zorin (MC 124) | | Deepwater Undeveloped | | Mississippi Canyon | | 124 | | L022362 | | |
| | | | | | | | | | |
Project | | Category | | Block # | | Lease | | Assigned Exploration Value (k$ /block) | | |
BONDI BEACH (EI144) | | Shelf Undeveloped | | 144 | | L027065 | | 789 | | |
BONDI BEACH (EI145) | | Shelf Undeveloped | | 145 | | L027064 | | 789 | | |
BONDI BEACH (EI146) | | Shelf Undeveloped | | 146 | | L027063 | | 789 | | |
CAMERON, E 102 | | Shelf Undeveloped | | 102 | | L022411 | | | | |
CAMERON, E 11 | | Shelf Undeveloped | | 11 | | L022521 | | | | |
CAMERON, E 99 | | Shelf Undeveloped | | 99 | | L023620 | | | | |
CAMERON, W 129 | | Shelf Undeveloped | | 129 | | L023619 | | | | |
CAMERON, W 133 | | Shelf Undeveloped | | 133 | | L025935 | | | | |
CAMERON, W 151 | | Shelf Undeveloped | | 151 | | L028450 | | | | |
CAMERON, W 199 | | Shelf Undeveloped | | 199 | | L025545 | | | | |
CAMERON, W 202 | | Shelf Undeveloped | | 202 | | L024021 | | 1,875 | | |
CAMERON, W 216 | | Shelf Undeveloped | | 216 | | L028393 | | 2,848 | | |
CAMERON, W 222 | | Shelf Undeveloped | | 222 | | L028388 | | 1,417 | | |
CAMERON, W 304 W-ADD | | Shelf Undeveloped | | 304 | | L028389 | | 2,931 | | |
CAMERON, W 313 W-ADD | | Shelf Undeveloped | | 313 | | L028390 | | | | |
CAMERON, W 37 | | Shelf Undeveloped | | 37 | | L022173 | | | | |
CAMERON, W 38 | | Shelf Undeveloped | | 38 | | L022172 | | | | |
CAMERON, W 40 | | Shelf Undeveloped | | 40 | | L024018 | | | | |
CAMERON, W 69 | | Shelf Undeveloped | | 69 | | L022522 | | | | |
CARMEL (SS138) | | Shelf Undeveloped | | 138 | | L027217 | | 1,633 | | |
COOGEE (WC114) | | Shelf Undeveloped | | 114 | | L027218 | | 1,100 | | |
CROCKETT (MI663) | | Shelf Undeveloped | | 663 | | L023689 | | | | |
Schedule 3.4 - 22
| | | | | | | | | | |
DIAMONDHEAD (EC78) | | Shelf Undeveloped | | 78 | | L027303 | | | | |
DIAMONDHEAD (EC79) | | Shelf Undeveloped | | 79 | | L027227 | | | | |
DIAMONDHEAD (EC86) | | Shelf Undeveloped | | 86 | | L027228 | | | | |
DIAMONDHEAD (EC87) | | Shelf Undeveloped | | 87 | | L025781 | | 2,367 | | |
EUGENE ISL 101 | | Shelf Undeveloped | | 101 | | L022168 | | | | |
EUGENE ISL 138 | | Shelf Undeveloped | | 138 | | L022169 | | | | |
EUGENE ISL 66 | | Shelf Undeveloped | | 66 | | L023621 | | | | |
EUGENE ISL 81 | | Shelf Undeveloped | | 81 | | L022166 | | | | |
EUGENE ISL 82 | | Shelf Undeveloped | | 82 | | L022167 | | | | |
EUGENE ISL 84 | | Shelf Undeveloped | | 84 | | L028387 | | 1,501 | | |
IPANEMA (WC160) | | Shelf Undeveloped | | 160 | | L027047 | | 4,302 | | |
JABBERWOK (WC132) | | Shelf Undeveloped | | 132 | | L027048 | | 2,280 | | |
KORN (ST98) | | Shelf Undeveloped | | 98 | | L027230 | | | | |
MATAGORDA ISL 689 | | Shelf Undeveloped | | 689 | | L024728 | | | | |
PUERTO VALLARTA (ST104) | | Shelf Undeveloped | | 104 | | L026972 | | 1,467 | | |
PUERTO VALLARTA (ST140) | | Shelf Undeveloped | | 140 | | L026973 | | 734 | | |
SABINE PASS 14 | | Shelf Undeveloped | | 14 | | L022541 | | | | |
TIMBALIER, S 208 | | Shelf Undeveloped | | 208 | | L028391 | | 1,297 | | |
TIMBALIER, S 234 S-ADD | | Shelf Undeveloped | | 234 | | L028394 | | 1,016 | | |
TIMBALIER, S 268 S-ADD | | Shelf Undeveloped | | 268 | | L028381 | | 1,561 | | |
TIMBALIER, S 298 S-ADD | | Shelf Undeveloped | | 298 | | L028380 | | 1,026 | | |
VERMILION 108 | | Shelf Undeveloped | | 108 | | L022370 | | | | |
VERMILION 154 | | Shelf Undeveloped | | 154 | | L025936 | | 7,843 | | |
CHINA BEACH (VR155) | | Shelf Undeveloped | | 155 | | L026974 | | 3,921 | | |
VERMILION 167 | | Shelf Undeveloped | | 167 | | L028382 | | 4,801 | | |
VERMILION 333 | | Shelf Undeveloped | | 333 | | L022204 | | | | |
VERMILION 47 | | Shelf Undeveloped | | 47 | | L022170 | | | | |
HARLEQUIN (MU748) | | Shelf Undeveloped | | 748 | | L022586 | | | | |
PILSNER (MI661-L) | | Shelf Undeveloped | | 661 | | L024352 | | | | |
PILSNER (MI804-L) | | Shelf Undeveloped | | 804 | | L024353 | | | | |
REDHEAD EAST | | Shelf Undeveloped | | | | L024177 | | | | |
REDHEAD EAST | | Shelf Undeveloped | | | | L024178 | | | | |
REDHEAD NORTH | | Shelf Undeveloped | | | | L023471 | | | | |
REDHEAD NORTH | �� | Shelf Undeveloped | | | | L024174 | | | | |
Schedule 3.4 - 23
| | | | | | | | | | |
REDHEAD NORTH | | Shelf Undeveloped | | | | L024175 | | | | |
REDHEAD NORTH | | Shelf Undeveloped | | | | L024176 | | | | |
BULL WEST (EI 39) | | Shelf Developed | | 39 | | L018747 | | | | |
CAMERON, E 331 S-ADD | | Shelf Developed | | 331 | | L010356 / 00 | | | | |
CAMERON, E 332 S-ADD | | Shelf Developed | | 332 | | L010139 / 00 | | | | |
CAMERON, W 100 | | Shelf Developed | | 100 | | L021602 | | | | |
CAMERON, W 112 | | Shelf Developed | | 112 | | L024958 | | | | |
CAMERON, W 130 | | Shelf Developed | | 130 | | L013119 | | 510 | | |
CAMERON, W 130 | | Shelf Developed | | 130 | | L013119 | | | | |
CAMERON, W 225 | | Shelf Developed | | 225 | | L003328 / 00 | | | | |
CAMERON, W 225 | | Shelf Developed | | 225 | | L003328 / 00 | | | | |
CAMERON, W 293 W-ADD | | Shelf Developed | | 293 | | L011142 | | | | |
CAMERON, W 60 | | Shelf Developed | | 60 | | L010183 / 00 | | | | |
CAMERON, W 60 | | Shelf Developed | | 60 | | L010183 / 00 | | | | |
CAMERON, W 60 | | Shelf Developed | | 60 | | L010183 / 00 | | | | |
CAMERON, W 60 | | Shelf Developed | | 60 | | L010183 / 00 | | | | |
CAMERON, W 60 | | Shelf Developed | | 60 | | L010183 / 00 | | | | |
CAMERON, W 61 | | Shelf Developed | | 61 | | L010184 / 00 | | | | |
CAMERON, W 61 | | Shelf Developed | | 61 | | L010184 / 00 | | | | |
CAMERON, W 61 | | Shelf Developed | | 61 | | L010184 / 00 | | | | |
CAMERON, W 61 | | Shelf Developed | | 61 | | L010184 / 00 | | | | |
CAMERON, W 61 | | Shelf Developed | | 61 | | L010184 / 00 | | | | |
CAMERON, W 76 | | Shelf Developed | | 76 | | L010763 / 00 | | | | |
CAMERON, W 76 | | Shelf Developed | | 76 | | L010763 / 00 | | | | |
CAMERON, W 633 S-ADD | | Shelf Developed | | 633 | | L003350 / 00 | | | | |
CAMERON, W 72 | | Shelf Developed | | 72 | | L022372 | | | | |
CAMERON, W 72 | | Shelf Developed | | 72 | | L022372 | | | | |
CAMERON, W 73 | | Shelf Developed | | 73 | | L027201 | | | | |
CAMERON, W 77 | | Shelf Developed | | 77 | | L010764 / 00 | | | | |
CAMERON, W 77 | | Shelf Developed | | 77 | | L010764 / 00 | | | | |
CARAVEL (WC 194) | | Shelf Developed | | 194 | | L020354 | | | | |
EUGENE ISL 272 S-ADD | | Shelf Developed | | 272 | | L003128 / 00 | | | | |
EUGENE ISL 272 S-ADD | | Shelf Developed | | 272 | | L003128 / 00 | | | | |
EUGENE ISL 272 S-ADD | | Shelf Developed | | 272 | | L003128 / 00 | | | | |
EUGENE ISL 284 S-ADD | | Shelf Developed | | 284 | | L003130 / 00 | | | | |
EUGENE ISL 284 S-ADD | | Shelf Developed | | 284 | | L003130 / 00 | | | | |
Schedule 3.4 - 24
| | | | | | | | | | |
EUGENE ISL 284 S-ADD | | Shelf Developed | | 284 | | L003130 / 00 | | | | |
EUGENE ISL 286 S-ADD | | Shelf Developed | | 286 | | L003131 / 00 | | | | |
EUGENE ISL 286 S-ADD | | Shelf Developed | | 286 | | L003131 / 00 | | | | |
EUGENE ISL 286 S-ADD | | Shelf Developed | | 286 | | L003131 / 00 | | | | |
EUGENE ISL 286 S-ADD | | Shelf Developed | | 286 | | L003131 / 00 | | | | |
EUGENE ISL 287 S/2, S/2N/2 | | Shelf Developed | | 287 | | L003132 / 00 | | | | |
EUGENE ISL 292 S-ADD | | Shelf Developed | | 292 | | L003133 / 00 | | | | |
EUGENE ISL 292 S-ADD | | Shelf Developed | | 292 | | L003133 / 00 | | | | |
EUGENE ISL 293 S-ADD | | Shelf Developed | | 293 | | L003134 / 00 | | | | |
EUGENE ISL 293 S-ADD | | Shelf Developed | | 293 | | L003134 / 00 | | | | |
EUGENE ISL 293 S-ADD | | Shelf Developed | | 293 | | L003134 / 00 | | | | |
EUGENE ISL 293 S-ADD | | Shelf Developed | | 293 | | L003134 / 00 | | | | |
EUGENE ISL 293 S-ADD | | Shelf Developed | | 293 | | L003134 / 00 | | | | |
EUGENE ISL 293 S-ADD | | Shelf Developed | | 293 | | L003134 / 00 | | | | |
EUGENE ISL 308 S-ADD | | Shelf Developed | | 308 | | L003136 / 00 | | | | |
EUGENE ISL 308 S-ADD | | Shelf Developed | | 308 | | L003136 / 00 | | | | |
EUGENE ISL 308 S-ADD | | Shelf Developed | | 308 | | L003136 / 00 | | | | |
EUGENE ISL 308 S-ADD | | Shelf Developed | | 308 | | L003136 / 00 | | | | |
EUGENE ISL 308 S-ADD | | Shelf Developed | | 308 | | L003136 / 00 | | | | |
EUGENE ISL 308 S-ADD | | Shelf Developed | | 308 | | L003136 / 00 | | | | |
EUGENE ISL 308 S-ADD | | Shelf Developed | | 308 | | L003136 / 00 | | | | |
EUGENE ISL 308 S-ADD | | Shelf Developed | | 308 | | L003136 / 00 | | | | |
EUGENE ISL 308 S-ADD | | Shelf Developed | | 308 | | L003136 / 00 | | | | |
EUGENE ISL 309 S-ADD | | Shelf Developed | | 309 | | L003137 / 00 | | | | |
EUGENE ISL 309 S-ADD | | Shelf Developed | | 309 | | L003137 / 00 | | | | |
EUGENE ISL 309 S-ADD | | Shelf Developed | | 309 | | L003137 / 00 | | | | |
EUGENE ISL 309 S-ADD | | Shelf Developed | | 309 | | L003137 / 00 | | | | |
EUGENE ISL 309 S-ADD | | Shelf Developed | | 309 | | L003137 / 00 | | | | |
EUGENE ISL 309 S-ADD | | Shelf Developed | | 309 | | L003137 / 00 | | | | |
EUGENE ISL 309 S-ADD | | Shelf Developed | | 309 | | L003137 / 00 | | | | |
EUGENE ISL 309 S-ADD | | Shelf Developed | | 309 | | L003137 / 00 | | | | |
EUGENE ISL 314 N/2 S-ADD | | Shelf Developed | | 314 | | L003138 / 00 | | | | |
EUGENE ISL 314 N/2 S-ADD | | Shelf Developed | | 314 | | L003138 / 00 | | | | |
EUGENE ISL 314 N/2 S-ADD | | Shelf Developed | | 314 | | L003138 / 00 | | | | |
Schedule 3.4 - 25
| | | | | | | | | | |
EUGENE ISL 314 N/2 S-ADD | | Shelf Developed | | 314 | | L003138 / 00 | | | | |
GRAND ISLE 110 S-ADD | | Shelf Developed | | 110 | | L010918 | | 1,047 | | |
GRAND ISLE 110 S-ADD | | Shelf Developed | | 110 | | L010918 | | | | |
GRAND ISLE 111S-ADD | | Shelf Developed | | 111 | | L015555 | | | | |
GRAND ISLE 111S-ADD | | Shelf Developed | | 111 | | L015555 | | | | |
GRAND ISLE 116 S-ADD | | Shelf Developed | | 116 | | L015556 | | | | |
GRAND ISLE 116 S-ADD | | Shelf Developed | | 116 | | L015556 | | | | |
HIGH ISL A-1 | | Shelf Developed | | 1 | | L024729 | | | | |
HIGH ISL A-350 E-ADD, S-EXT | | Shelf Developed | | 350 | | L003438 / 00 | | | | |
HIGH ISL A-350 E-ADD, S-EXT | | Shelf Developed | | 350 | | L003438 / 00 | | | | |
MAIN PASS 138 | | Shelf Developed | | 138 | | L018618 | | | | |
MAIN PASS 164 | | Shelf Developed | | 164 | | L018617 | | | | |
MAIN PASS 178 S/E-ADD | | Shelf Developed | | 178 | | L013635 | | | | |
MAIN PASS 223 S/E-ADD | | Shelf Developed | | 223 | | L011791 | | | | |
MAIN PASS 250 S/E-ADD | | Shelf Developed | | 250 | | L011755 | | | | |
MAIN PASS 270 S/E-ADD | | Shelf Developed | | 270 | | L021706 | | | | |
MARSH ISL, S 142 S-ADD | | Shelf Developed | | 142 | | L003386 / 00 | | | | |
MARSH ISL, S 17 N-ADD | | Shelf Developed | | 17 | | L011136 | | | | |
MARSH ISL, S 17 N-ADD | | Shelf Developed | | 17 | | L011136 | | | | |
MARSH ISL, S 17 N-ADD | | Shelf Developed | | 17 | | L011136 | | | | |
MARSH ISL, S 17 N-ADD | | Shelf Developed | | 17 | | L011136 | | | | |
NAUTILUS (MP281) | | Shelf Developed | | 281 | | L013636 | | | | |
NAUTILUS/ATLANTIS (MP280) | | Shelf Developed | | 280 | | L012965 | | | | |
NAUTILUS/ATLANTIS (MP280) | | Shelf Developed | | 280 | | L012965 | | | | |
NAUTILUS/ATLANTIS (MP280) | | Shelf Developed | | 280 | | L012965 | | | | |
SHIP SHOAL 246 S-ADD | | Shelf Developed | | 246 | | L003197 / 00 | | | | |
SHIP SHOAL 246 S-ADD | | Shelf Developed | | 246 | | L003197 / 00 | | | | |
SHIP SHOAL 246 S-ADD | | Shelf Developed | | 246 | | L003197 / 00 | | | | |
SHIP SHOAL 247 S-ADD | | Shelf Developed | | 247 | | L003198 / 00 | | | | |
SHIP SHOAL 247 S-ADD | | Shelf Developed | | 247 | | L003198 / 00 | | | | |
SHIP SHOAL 247 S-ADD | | Shelf Developed | | 247 | | L003198 / 00 | | | | |
SHIP SHOAL 247 S-ADD | | Shelf Developed | | 247 | | L003198 / 00 | | | | |
SHIP SHOAL 248 S-ADD | | Shelf Developed | | 248 | | L005165 / 00 | | | | |
SHIP SHOAL 248 S-ADD | | Shelf Developed | | 248 | | L005165 / 00 | | | | |
SHIP SHOAL 248 S-ADD | | Shelf Developed | | 248 | | L005165 / 00 | | | | |
SHIP SHOAL 248 S-ADD | | Shelf Developed | | 248 | | L005165 / 00 | | | | |
SHIP SHOAL 249 S-ADD | | Shelf Developed | | 249 | | L003199 / 00 | | | | |
SHIP SHOAL 249 S-ADD | | Shelf Developed | | 249 | | L003199 / 00 | | | | |
SHIP SHOAL 249 S-ADD | | Shelf Developed | | 249 | | L003199 / 00 | | | | |
SHIP SHOAL 249 S-ADD | | Shelf Developed | | 249 | | L003199 / 00 | | | | |
Schedule 3.4 - 26
| | | | | | | | | | |
SHIP SHOAL 270 S-ADD | | Shelf Developed | | 270 | | L003201 / 00 | | | | |
SHIP SHOAL 270 S-ADD | | Shelf Developed | | 270 | | L003201 / 00 | | | | |
SHIP SHOAL 271 S-ADD | | Shelf Developed | | 271 | | L003202 / 00 | | | | |
SHIP SHOAL 271 S-ADD | | Shelf Developed | | 271 | | L003202 / 00 | | | | |
SHIP SHOAL 271 S-ADD | | Shelf Developed | | 271 | | L003202 / 00 | | | | |
SHIP SHOAL 271 S-ADD | | Shelf Developed | | 271 | | L003202 / 00 | | | | |
MUSTANG ISLAND 861 | | Shelf Developed | | 861 | | L015098 | | | | |
MUSTANG ISLAND 861 | | Shelf Developed | | 861 | | L015099 | | | | |
MUSTANG ISLAND 861 | | Shelf Developed | | 861 | | L015100 | | | | |
MUSTANG ISLAND 861 | | Shelf Developed | | 861 | | L015104 | | | | |
MUSTANG ISLAND 861 | | Shelf Developed | | 861 | | L015105 | | | | |
MUSTANG ISLAND 861 | | Shelf Developed | | 861 | | L015106 | | | | |
SOUTH TIMBALIER 184 | | Shelf Developed | | 184 | | L003394 / 00 | | | | |
SOUTH TIMBALIER 184 | | Shelf Developed | | 184 | | L003394 / 00 | | | | |
SOUTH TIMBALIER 184 | | Shelf Developed | | 184 | | L003394 / 00 | | | | |
SOUTH TIMBALIER 184 | | Shelf Developed | | 184 | | L003394 / 00 | | | | |
SOUTH TIMBALIER 184 | | Shelf Developed | | 184 | | L003394 / 00 | | | | |
SOUTH TIMBALIER 184 | | Shelf Developed | | 184 | | L003394 / 00 | | | | |
SOUTH TIMBALIER 185 | | Shelf Developed | | 185 | | L003981 / 00 | | | | |
SOUTH TIMBALIER 185 | | Shelf Developed | | 185 | | L003981 / 00 | | | | |
SOUTH TIMBALIER 185 | | Shelf Developed | | 185 | | L003981 / 00 | | | | |
SOUTH TIMBALIER 185 | | Shelf Developed | | 185 | | L003981 / 00 | | | | |
SOUTH TIMBALIER 185 | | Shelf Developed | | 185 | | L003981 / 00 | | | | |
SOUTH TIMBALIER 185 | | Shelf Developed | | 185 | | L003981 / 00 | | | | |
SOUTH TIMBALIER 185 | | Shelf Developed | | 185 | | L003981 / 00 | | | | |
SOUTH TIMBALIER 185 | | Shelf Developed | | 185 | | L003981 / 00 | | | | |
SOUTH TIMBALIER 185 | | Shelf Developed | | 185 | | L003981 / 00 | | | | |
SOUTH TIMBALIER 185 | | Shelf Developed | | 185 | | L003981 / 00 | | | | |
SOUTH TIMBALIER 276 | | Shelf Developed | | 276 | | L010730 / 00 | | | | |
SOUTH TIMBALIER 72 | | Shelf Developed | | 72 | | L024597 | | | | |
SOUTH TIMBALIER 72 | | Shelf Developed | | 72 | | L024597 | | | | |
SOUTH TIMBALIER 72 | | Shelf Developed | | 72 | | L024597 | | | | |
SOUTH PASS 24 | | Shelf Developed | | 24 | | L018881 | | | | |
SOUTH PASS 24 | | Shelf Developed | | 24 | | L018882 | | | | |
VERMILION 255 S-ADD | | Shelf Developed | | 255 | | L003413 / 00 | | | | |
VERMILION 255 S-ADD | | Shelf Developed | | 255 | | L003413 / 00 | | | | |
VERMILION 255 S-ADD | | Shelf Developed | | 255 | | L003413 / 00 | | | | |
Schedule 3.4 - 27
| | | | | | | | | | |
VERMILION 256 S-ADD | | Shelf Developed | | 256 | | L003414 / 00 | | | | |
VERMILION 256 S-ADD | | Shelf Developed | | 256 | | L003414 / 00 | | | | |
VERMILION 267 S/2 S-ADD | | Shelf Developed | | 267 | | L003415 / 00 | | | | |
VERMILION 268 S-ADD | | Shelf Developed | | 268 | | L003417 / 00 | | | | |
VERMILION 268 S-ADD | | Shelf Developed | | 268 | | L003417 / 00 | | | | |
VERMILION 276 | | Shelf Developed | | 276 | | L022878 | | | | |
VERMILION 313 S-ADD | | Shelf Developed | | 313 | | L003420 / 00 | | | | |
VERMILION 313 S-ADD | | Shelf Developed | | 313 | | L003420 / 00 | | | | |
VERMILION 313 S-ADD | | Shelf Developed | | 313 | | L003420 / 00 | | | | |
VERMILION 313 S-ADD | | Shelf Developed | | 313 | | L003420 / 00 | | | | |
VERMILION 78 | | Shelf Developed | | 78 | | L003409 / 00 | | | | |
Schedule 3.4 - 28
ATTACHEDTOANDMADEPARTOFTHATCERTAIN OFFSHORE PACKAGE PURCHASE AGREEMENTBYAND
BETWEEN DOMINION EXPLORATION & PRODUCTION, INC.AND ENI PETROLEUM CO. INC.
SCHEDULE 4.2
CERTAIN LIABILITIES
NOTES
(1) | The Offshore Schedule of Liabilities presented is unaudited and could be subject to adjustments required when audit or review procedures are applied, including but not limited to period-end adjustments for subsequent events or adjustments/ allocations to conform to the requirements of carve-out financial statements. |
(2) | Certain amounts incurred on behalf of the Offshore business by affiliates have been allocated to the Offshore business and included in the Schedule of Liabilities. Notable items include amounts related to Dominion’s centralized service company (DRS) employees that are embedded in the Offshore business and Offshore executive amounts. |
(3) | The effects of the Offshore properties have been allocated to this Schedule from Dominion’s E&P business as a whole, which includes Onshore, Offshore, Appalachian, and Canadian operations. These amounts were primarily allocated by reviewing the accounting records and identifying the specific property locations. |
(4) | The following liabilities related to the Offshore E&P business have been excluded from the accompanying Schedule: |
| a. | Affiliate accounts payable; |
| b. | Affiliate and non-affiliate debt and accrued interest; |
| c. | Derivative liabilities; |
| d. | Margin deposit liabilities; |
| e. | Current and deferred income taxes; |
| f. | Employee benefit obligations; and |
| g. | Volumetric production payments. |
(5) | Asset retirement obligations (AROs) are allocated to the Offshore Schedule of Liabilities based upon the location of the specific properties and the specific ARO balance for that fixed asset. |
(6) | The Schedule of Liabilities includes the effect of liabilities related to DOTEPI’s offshore leases that have been excluded from the Offshore Package sale. These amounts are not considered significant to this Schedule of Liabilities. |
Schedule 4.2 - 1
Offshore
Section 4.2 Schedule of Liabilities
Detail Listing as of 12/31/2006
Schedule A
| | | |
Current Liabilities: | | | |
Trade A/P | | 58,500,411 | |
Cash Discounts Clearing | | (52,144 | ) |
Procurement Card Clearing | | 37,106 | |
A/P—Rev—transport | | (822,156 | ) |
A/P—Rev—partner pay est | | 769,414 | |
A/P—Rev—est revenue | | (7,213,037 | ) |
A/P—Rev—MMS Deposit | | (1,861,267 | ) |
A/P—Rev—MMS Royalty | | (61,082 | ) |
A/P—Rev—MMS Royalty Est | | 13,866,444 | |
A/P—Rev—Liberty | | 2,191,328 | |
A/P—Rev—Oil purchases | | 53,925,810 | |
A/P—Rev—Gas purchases | | 281,513 | |
A/P—Rev related Royalty Partner | | 115,927 | |
A/P—Rev related Royalty Partner | | 137,097 | |
A/P—Misc Estimated Liabilities | | 103,764,699 | |
| | | |
Total Accounts Payable | | 223,580,063 | |
| | | |
Payroll Clearing | | 234,032 | |
Accr Vacation | | 1,807,277 | |
Accr Success Sharing Pay | | 4,068,741 | |
Accr Incentive Pay | | 2,587,964 | |
| | | |
Total Accrued Payroll | | 8,698,014 | |
| | | |
Withholding Taxes Payable | | 66,913 | |
Capital Lease Obligation—current | | (52,872 | ) |
Partners/Deposit/ Joint Storage | | 28,689,890 | |
Current Reserve Imbalance | | 615,214 | |
Exchange Gas—Facility | | 8,031 | |
Exchange Gas—Downstream | | (2,256,024 | ) |
Misc Current Accrued Liabilities | | 705,133 | |
| | | |
Total Other Current Liabilities | | 27,776,285 | |
| | | |
Total Current Liabilities | | 260,054,362 | |
| | | |
Deferred Credits and Liabilities: | | | |
Asset Retirement Obligations | | 151,412,825 | |
Deferred Revenues—(JIB Netting) | | (144,828 | ) |
Capital Lease Obligation—Non Current | | 283,528 | |
Other Non Current Liabilities | | 2,378,324 | |
| | | |
Total Deferred Credits and Liabilities | | 153,929,849 | |
| | | |
Total Liabilities | | 413,984,211 | |
| | | |
Schedule 4.2 - 2
Offshore
Section 4.2 Schedule of Liabilities
Estimated Abandonment Costs for Projects
| | | | | |
| | ARIES - Abandonment estimate | | 136,702,000 | |
| | | | | |
Less: | | | | | |
| | HI 340 A | | 400,000 | |
| | |
| | HI 45 | | 500,000 | |
| | |
| | HI 98 L | | 138,000 | |
| | |
| | WD 152 / MC 357 | | 2,654,000 | |
| | | | | |
| | Costs included in ARIES for DOTEPI Properties not included in Package | | 3,692,000 | |
| | | | | |
Plus: | | | | | |
| | Oil and Gas Pipelines | | 11,000,000 | * |
| | |
| | VM 255 A & B Hurricane Damage (This is excess costs over the normal abandoment costs in Aries) | | 10,756,000 | |
| | |
| | VM 313 A Hurricane Damage | | 7,000,000 | |
| | |
| | WC 570 A & B | | 4,719,000 | |
| | |
| | SS 249 #1 | | 500,000 | |
| | |
| | WC 566 1, 2, 3 | | 700,000 | |
| | |
| | MC 252 #1 | | 1,000,000 | |
| | |
| | MC 773 #1 | | 1,000,000 | |
| | |
| | GC 380 #2 - Cool Papa | | 1,000,000 | |
| | | | | |
| | Abandonment Costs for Projects without Reserves | | 37,675,000 | |
| | | | | |
| | Total Abandonment Costs | | 170,685,000 | |
| | | | | |
| | | | | |
* | This item was included in the ARO set forth on the preceding detail listing page. |
Schedule 4.2 - 3
ATTACHEDTOANDMADEPARTOFTHATCERTAIN OFFSHORE PACKAGE PURCHASE AGREEMENTBYANDBETWEEN DOMINION EXPLORATION & PRODUCTION, INC.AND ENI PETROLEUM CO. INC.
SCHEDULE 4.2(b)
CERTAIN FINANCIAL DATA
Dominion E&P
Historic Capital by Category
| | | | | | | | | |
| | | | 2004 | | 2005 | | | 2006 |
Shelf | | Exploration | | 39,205 | | 68,200 | | | 133,679 |
| | Development | | 39,136 | | 47,777 | | | 9,822 |
| | Production | | 19,087 | | 7,543 | | | 13,410 |
| | Seismic | | 10,704 | | 10,160 | | | 17,865 |
| | Lease Acq | | 3,561 | | 35,694 | | | 22,927 |
| | Delay Rentals | | 241 | | 1,250 | | | 853 |
| | Capitalized G&A | | 7,623 | | 8,972 | | | 9,465 |
| | Acquisitions | | 2,571 | | (2,474 | ) | | 0 |
| | Facilities/Workovers | | 3,333 | | 16,715 | | | 7,809 |
| | | | | | | | | |
| | Total | | 125,461 | | 193,837 | | | 215,831 |
| | | | |
Deepwater | | Exploration | | 49,468 | | 38,488 | | | 84,469 |
| | Development | | 97,144 | | 142,016 | | | 71,223 |
| | Production | | 53,177 | | 104,749 | | | 77,371 |
| | Seismic | | 17,619 | | 21,428 | | | 32,993 |
| | Lease Acq | | 5,829 | | 13,487 | | | 23,282 |
| | Delay Rentals | | 2,151 | | 2,875 | | | 2,650 |
| | Capitalized G&A | | 7,714 | | 11,249 | | | 11,602 |
| | Acquisitions | | 0 | | 0 | | | 0 |
| | Facilities/Workovers | | 0 | | 11,906 | | | 18,890 |
| | | | | | | | | |
| | Total | | 233,102 | | 346,198 | | | 322,481 |
| | | | |
Offshore | | Exploration | | 88,673 | | 106,688 | | | 218,148 |
Total | | Development | | 136,280 | | 189,793 | | | 81,045 |
| | Production | | 72,264 | | 112,292 | | | 90,781 |
| | Seismic | | 28,323 | | 31,588 | | | 50,859 |
| | Lease Acq | | 9,390 | | 49,181 | | | 46,209 |
| | Delay Rentals | | 2,392 | | 4,125 | | | 3,503 |
| | Capitalized G&A | | 15,337 | | 20,221 | | | 21,067 |
| | Acquisitions | | 2,571 | | (2,474 | ) | | 0 |
| | Facilities/Workovers | | 3,333 | | 28,621 | | | 26,699 |
| | | | | | | | | |
| | Total | | 358,563 | | 540,035 | | | 538,312 |
Schedule 4.2(b) - 1
NOTES ABOUT THE FOLLOWING CHART
(1) | The Operating Cash Flow - OBU is unaudited and not presented in accordance with GAAP, but the information is generally consistent with GAAP, excluding certain items, including, but not limited to period-end adjustment, hedging, VPP deferred revenue and allocations of expenses noted below. |
(2) | The effects of the Offshore properties have been allocated to Operating Cash Flow - OBU from Dominion’s E&P business as a whole, which includes Onshore, Offshore, Appalachian, and Canadian operations. These amounts were primarily allocated by reviewing the accounting records and identifying the specific property locations. |
(3) | Certain amounts incurred on behalf of the Offshore business by affiliates have been allocated to the Offshore business and included in the Operating Cash Flow - OBU. Notable items include amounts related to Dominion’s centralized service company (DRS) employees that are embedded in the Offshore business and Offshore executive amounts, insurance and E&P corporate staff. |
(4) | The Operating Cash Flow - OBU includes the effect of DOTEPI’s offshore leases that have been excluded from the Offshore Package sale. |
Schedule 4.2(b) - 2
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
DOMINION E & P | |
Operating Cash Flow - OFFSHORE BU | |
2004-2006 Actual | |
(Dollars and Volumes are in Thousands) | |
| | | |
2004/2005/2006 | | 2004 | | | 2005 | | | 2006 | |
| | Shelf | | | Deepwater | | | Offshore | | | Shelf | | | Deepwater | | | Offshore | | | Shelf | | | Deepwater | | | Offshore | |
Gas Production (Mcf) | | | 59,294 | | | | 19,660 | | | | 78,955 | | | | 35,646 | | | | 21,212 | | | | 56,858 | | | | 41,316 | | | | 41,916 | | | | 83,232 | |
Less: Lease Fuel | | | (677 | ) | | | (440 | ) | | | (1,117 | ) | | | (587 | ) | | | (889 | ) | | | (1,476 | ) | | | (618 | ) | | | (1,306 | ) | | | (1,925 | ) |
Gas Sales (Mcf) | | | 58,618 | | | | 19,220 | | | | 77,838 | | | | 35,059 | | | | 20,323 | | | | 55,383 | | | | 40,697 | | | | 40,610 | | | | 81,307 | |
BTU Factor | | | 1,031 | | | | 1,079 | | | | 1,043 | | | | 1,064 | | | | 1,122 | | | | 1,085 | | | | 1,032 | | | | 1,046 | | | | 1,039 | |
Gas Sales (mmbtu) | | | 60,423 | | | | 20,733 | | | | 81,156 | | | | 37,289 | | | | 22,799 | | | | 60,088 | | | | 41,992 | | | | 42,478 | | | | 84,470 | |
Liquid Production (Bbl) | | | 1,720 | | | | 4,145 | | | | 5,864 | | | | 1,458 | | | | 7,828 | | | | 9,286 | | | | 1,786 | | | | 13,122 | | | | 14,908 | |
NGL Production (Bbl) | | | 1,160 | | | | 376 | | | | 1,536 | | | | 857 | | | | 511 | | | | 1,368 | | | | 1,168 | | | | 668 | | | | 1,835 | |
Equivalents (Mcf) | | | 76,574 | | | | 46,783 | | | | 123,356 | | | | 49,533 | | | | 71,249 | | | | 120,782 | | | | 59,038 | | | | 124,657 | | | | 183,695 | |
| | | | | | | | | |
PRICES | | | | | | | | | | | | | | | | | | | | | | | | | | | (2,786 | ) | | | | | | | | |
| | | | | | | | | |
NYMEX ($/MMBTU) | | $ | 6.14 | | | $ | 6.14 | | | $ | 6.14 | | | $ | 8.62 | | | $ | 8.62 | | | $ | 8.62 | | | $ | 7.23 | | | $ | 7.23 | | | $ | 7.23 | |
Basis | | | (0.03 | ) | | | (0.03 | ) | | | (0.03 | ) | | | (0.02 | ) | | | (0.02 | ) | | | (0.02 | ) | | | (0.03 | ) | | | (0.03 | ) | | | (0.03 | ) |
Other | | | (0.15 | ) | | | 0.02 | | | | (0.11 | ) | | | (1.07 | ) | | | (0.09 | ) | | | (0.71 | ) | | | (0.23 | ) | | | 0.03 | | | | (0.10 | ) |
Transportation /mmbtu | | | (0.05 | ) | | | (0.21 | ) | | | (0.09 | ) | | | (0.15 | ) | | | (0.31 | ) | | | (0.21 | ) | | | (0.07 | ) | | | (0.30 | ) | | | (0.19 | ) |
Average Realized Gas Price ($/Mmbtu) | | $ | 5.91 | | | $ | 5.92 | | | $ | 5.91 | | | $ | 7.37 | | | $ | 8.19 | | | $ | 7.67 | | | $ | 6.90 | | | $ | 6.92 | | | $ | 6.91 | |
Average Realized Gas Price ($/Mcf) | | $ | 6.09 | | | $ | 6.39 | | | $ | 6.16 | | | $ | 7.84 | | | $ | 9.19 | | | $ | 8.33 | | | $ | 7.12 | | | $ | 7.24 | | | $ | 7.18 | |
| | | | | | | | | |
WTI ($/Bbl) | | $ | 41.52 | | | $ | 41.52 | | | $ | 41.52 | | | $ | 55.34 | | | $ | 55.34 | | | $ | 55.34 | | | $ | 65.35 | | | $ | 65.35 | | | $ | 65.35 | |
Differential ($/Bbl) | | | (5.83 | ) | | | (3.94 | ) | | | (4.50 | ) | | | (3.88 | ) | | | (4.22 | ) | | | (4.17 | ) | | | | | | | | | | | | |
Transportation /Bbl | | | (0.58 | ) | | | (1.27 | ) | | | (1.07 | ) | | | (0.79 | ) | | | (1.31 | ) | | | (1.22 | ) | | | (0.97 | ) | | | (1.48 | ) | | | (1.23 | ) |
Basin Average Liquid Price ($/Bbl) | | $ | 35.11 | | | $ | 36.31 | | | $ | 35.96 | | | $ | 50.67 | | | $ | 49.81 | | | $ | 49.94 | | | $ | 62.90 | | | $ | 58.04 | | | $ | 58.81 | |
| | | | | | | | | |
NGL ($/Bbl) | | $ | 28.95 | | | $ | 30.49 | | | $ | 24.91 | | | $ | 35.71 | | | $ | 39.63 | | | $ | 33.20 | | | $ | 40.22 | | | $ | 42.34 | | | $ | 40.99 | |
% of Liquid Price | | | 70 | % | | | 73 | % | | | 72 | % | | | 65 | % | | | 72 | % | | | 71 | % | | | 62 | % | | | 65 | % | | | 63 | % |
| | | | | | | | | |
CALCULATED NET REVENUES | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | |
Gas | | | 356,802 | | | | 122,763 | | | | 479,565 | | | | 274,744 | | | | 186,747 | | | | 461,490 | | | | 289,731 | | | | 293,980 | | | | 583,711 | |
Liquids | | | 60,383 | | | | 150,495 | | | | 210,877 | | | | 73,857 | | | | 389,902 | | | | 463,759 | | | | 112,348 | | | | 761,622 | | | | 873,970 | |
NGLs | | | 33,575 | | | | 11,461 | | | | 45,036 | | | | 30,608 | | | | 20,251 | | | | 50,859 | | | | 46,958 | | | | 28,273 | | | | 75,230 | |
Total | | | 450,760 | | | | 284,719 | | | | 735,478 | | | | 379,209 | | | | 596,899 | | | | 976,108 | | | | 449,037 | | | | 1,083,874 | | | | 1,532,911 | |
Average Realized Price ($/Mcfe) | | $ | 5.94 | | | $ | 6.14 | | | $ | 6.02 | | | $ | 7.75 | | | $ | 8.48 | | | $ | 8.18 | | | $ | 7.61 | | | $ | 8.69 | | | $ | 8.34 | |
| | | | | | | | | |
LIFTING COST | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | |
Severance Taxes | | | 84 | | | | — | | | | 84 | | | | (241 | ) | | | — | | | | (241 | ) | | | 47 | | | | — | | | | 47 | |
Property Taxes | | | 31 | | | | — | | | | 31 | | | | 26 | | | | — | | | | 26 | | | | 95 | | | | — | | | | 95 | |
Property Insurance | | | 500 | | | | 4,504 | | | | 5,004 | | | | 2,848 | | | | 25,629 | | | | 28,477 | | | | 6,277 | | | | 19,656 | | | | 25,933 | |
Gas Well-Maintenance | | | 43,271 | | | | 25,628 | | | | 68,898 | | | | 37,070 | | | | 38,162 | | | | 75,233 | | | | 39,967 | | | | 97,172 | | | | 137,139 | |
Total O&M | | | 43,886 | | | | 30,132 | | | | 74,017 | | | | 39,703 | | | | 63,791 | | | | 103,495 | | | | 46,385 | | | | 116,829 | | | | 163,214 | |
Schedule 4.2(b) - 3
| | | | | | | | | | | | | | | | | | |
DOMINION E & P |
Operating Cash Flow - OFFSHORE BU |
2004-2006 Actual |
(Dollars and Volumes are in Thousands) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
2004/2005/2006 | | 2004 | | | | | 2005 | | | 2006 | |
| | Shelf | | | Deepwater | | | Offshore | | | | | Shelf | | | Deepwater | | | Offshore | | | Shelf | | | Deepwater | | | Offshore | |
Administrative & General | | 7,872 | | | 7,982 | | | 15,854 | | | | | 9,044 | | | 11,585 | | | 20,629 | | | 9,795 | | | 12,328 | | | 22,124 | |
Service Company | | 5,190 | | | 5,262 | | | 10,452 | | | | | 5,920 | | | 7,584 | | | 13,505 | | | 5,012 | | | 6,308 | | | 11,321 | |
Total A&G | | 13,062 | | | 13,244 | | | 26,306 | | | | | 14,964 | | | 19,170 | | | 34,134 | | | 14,808 | | | 18,636 | | | 33,444 | |
Capitalized A&G | | (7,623 | ) | | (7,714 | ) | | (15,337 | ) | | | | (8,972 | ) | | (11,249 | ) | | (20,221 | ) | | (9,465 | ) | | (11,602 | ) | | (21,067 | ) |
Total A&G Expensed | | 5,439 | | | 5,530 | | | 10,969 | | | | | 5,992 | | | 7,921 | | | 13,913 | | | 5,343 | | | 7,034 | | | 12,377 | |
| | | | | | | | | | |
Payroll & Other Taxes | | 1,158 | | | 1,175 | | | 2,333 | | | | | 1,037 | | | 1,329 | | | 2,366 | | | 846 | | | 1,064 | | | 1,910 | |
| | | | | | | | | | |
Operating Cash flows | | 400,277 | | | 247,882 | | | 648,159 | | | | | 332,476 | | | 523,858 | | | 856,335 | | | 396,463 | | | 958,947 | | | 1,355,410 | |
| | | | | | | | | | |
VPP CONTRACTS | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | |
Production (Mmbtu) | | 7,896 | | | | | | 7,896 | | | | | 6,542 | | | | | | 6,542 | | | 2,819 | | | | | | 2,819 | |
Production (Mcf) | | 7,620 | | | | | | 7,620 | | | | | 6,336 | | | | | | 6,336 | | | 2,743 | | | | | | 2,743 | |
VPP-related revenue excluded above | | 46,627 | | | — | | | 46,627 | | | | | 48,203 | | | — | | | 48,203 | | | 19,452 | | | — | | | 19,452 | |
Operating Cash flows with VPP volumes | | 446,904 | | | 247,882 | | | 694,786 | | | | | 380,679 | | | 523,858 | | | 904,537 | | | 415,915 | | | 958,947 | | | 1,374,862 | |
| | | | | | | | | | |
VPP Deferred Revenue Amortization | | 48,137 | | | | | | 48,137 | | | | | 35,758 | | | | | | 35,758 | | | 13,010 | | | | | | 13,010 | |
VPP Exchange Fees | | 628 | | | | | | 628 | | | | | 569 | | | | | | 569 | | | 272 | | | | | | 272 | |
Price Footnote Explanation
(1) | January 1, 2004 – December 31, 2006: price components presented to arrive at average gas, oil and ngl price are estimated. The average realized price is the actual per Dominion’s books. Dominion does not track adjustments to price (basis, premiums/deducts, % index, differentials, etc.) in separate accounts in its accounting system. Dominion utilizedsimple average Nymex, WTI and basis and backed into other deducts to reconcile the average realized price presented in this historical Operating Cash Flow by Basin analysis. Dominion’s offshore production was not ratable during 2004 & 2005 due to Hurricanes Ivan, Katrina & Rita. This results in distortions to the “other” deduct line from the NYMEX/WTI simple average. The gas transportation rates for 01/01/2004 – 09/30/06 include the value of fuel retained by the pipeline. |
Schedule 4.2(b) - 4
| | | | | | | | | | | | | | | | | | | | | | |
BASIN | | CATEGORY_DESCRIPTION | | PROJ MASTER | | AFE_OBJECTIVE | | SumOf BENGAL NET AMOUNT | | SumOfITD AMOUNT | | | SumOfYTD AMT | | | Expenditure Type | | ITD AFE OVERSPENT | | ITD AFE UNDERSPENT | | Status |
A&G ONLY | | Administrative | | A0600419 | | ENSCO 8500 NEW BUILD DP SEMISBUMERSIBLE | | 9,930,250.00 | | 16,133.96 | | | 16,133.96 | | | Capital | | AFE-UNDERSPENT | | 9,914,116.04 | | Minimum Remaining Spending or inactive in 2007 |
DEEP | | Development Complete-Non Op | | DC0603513 | | GC 338 A-2/A-5ST (FRONT RUN) LONG LEAD COMPL EQUIP | | 1,629,375.00 | | 626,252.92 | | | 626,252.92 | | | Capital | | AFE-UNDERSPENT | | 1,003,122.08 | | Active |
DEEP | | Exploratory Drill & Compl | | DC0604846 | | VK 959 (LOC G) LONG LEAD ITEM AFE | | 4,867,305.00 | | 2,943,239.02 | | | 2,943,239.02 | | | Capital | | AFE-UNDERSPENT | | 1,924,065.98 | | Active |
DEEP | | Construction-Facilities | | F0502161 | | REVISED - DC618 SS FACILITIES | | 11,360,302.49 | | 9,638,870.03 | | | 7,277,465.34 | | | Capital | | AFE-UNDERSPENT | | 1,721,432.46 | | Active |
DEEP | | Construction-Facilities-Non Op | | F0603710 | | MC 734 (THUNDER HAWK) SUBSEA IPT | | 5,659,087.50 | | 799,499.99 | | | 799,499.99 | | | Capital | | AFE-UNDERSPENT | | 4,859,587.51 | | Active |
DEEP | | Construction-Facilities-Non Op | | F0604575 | | MC 920 INDEPENDENCE HUB FACILITY | | 3,202,218.95 | | 24,183.37 | | | 24,183.37 | | | Capital | | AFE-UNDERSPENT | | 3,178,035.58 | | Active |
DEEP | | Construction-Facilities | | F0604731 | | GC385 - PEGASUS LONG LEAD EQUIPMENT | | 4,800,000.00 | | 3,094,828.00 | | | 3,094,828.00 | | | Capital | | AFE-UNDERSPENT | | 1,705,172.00 | | Active |
DEEP | | Construction-Pipelines-Non Op | | G0603712 | | MC 734 (THUNDER HAWK) PROJECT PLN | | 36,953,960.75 | | 1,897,500.00 | | | 1,897,500.00 | | | Capital | | AFE-UNDERSPENT | | 35,056,460.75 | | Active |
DEEP | | Development Complete | | DC0500683 | | DC 618, SS1, ST00BP00 COMPLETION | | 12,444,265.89 | | 4,410,512.65 | | | 3,155,367.50 | | | Capital | | AFE-UNDERSPENT | | 8,033,753.24 | | Minimum Remaining Spending or inactive in 2008 |
DEEP | | Development Complete | | DC0500684 | | DC 618, SS2, ST00BP00 COMPLETION | | 13,494,399.16 | | 5,039,396.35 | | | 3,787,013.52 | | | Capital | | AFE-UNDERSPENT | | 8,455,002.81 | | Minimum Remaining Spending or inactive in 2009 |
DEEP | | Development Complete-Non Op | | DC0502903 | | MC 734 (THUNDER HAWK) PROCURE LONG LEAD ITEMS & | | 8,525,000.00 | | 5,937,411.14 | | | 5,937,411.14 | | | Capital | | AFE-UNDERSPENT | | 2,587,588.86 | | Minimum Remaining Spending or inactive in 2010 |
DEEP | | Exploratory Drill & Compl-Non Op | | DC0503475 | | MC 819 #1 (THUNDER BIRD) LONG LEAD TUBULARS | | 1,480,000.00 | | 0.02 | | | 217.96 | | | Capital | | AFE-UNDERSPENT | | 1,479,999.98 | | Minimum Remaining Spending or inactive in 2011 |
DEEP | | Exploratory Drill & Compl-Non Op | | DC0504292 | | MC 734 #4 THUNDERHAWK BATCH SET CSG STRINGS | | 2,586,750.00 | | 660,162.39 | | | 300,559.39 | | | Capital | | AFE-UNDERSPENT | | 1,926,587.61 | | Minimum Remaining Spending or inactive in 2012 |
DEEP | | Exploratory Drill & Compl-Non Op | | DC0504600 | | MC 734 #3 THUNDERHAWK DRILL DIRECTIONAL WELL | | 11,895,750.00 | | 2,069,745.19 | | | 351,212.19 | | | Capital | | AFE-UNDERSPENT | | 9,826,004.81 | | Minimum Remaining Spending or inactive in 2013 |
DEEP | | Exploratory Drill & Compl-Non Op | | DC0504613 | | MC 819 #1 THUNDER BIRD DRILL | | 15,802,250.00 | | 14,782,773.40 | | | 14,782,773.40 | | | Capital | | AFE-UNDERSPENT | | 1,019,476.60 | | Minimum Remaining Spending or inactive in 2014 |
DEEP | | Exploratory Complete-Non Op | | DC0600802 | | MC 961 #1 ST 1 Q PROSPECT COMPLETE | | 18,114,786.00 | | 128,256.15 | | | 128,256.15 | | | Capital | | AFE-UNDERSPENT | | 17,986,529.85 | | Minimum Remaining Spending or inactive in 2015 |
DEEP | | Development Complete-Non Op | | DC0601110 | | SPIDERMAN DC 620 #1 COMPLETION | | 9,180,679.30 | | 6,047,439.76 | | | 6,047,439.76 | | | Capital | | AFE-UNDERSPENT | | 3,133,239.54 | | Minimum Remaining Spending or inactive in 2016 |
DEEP | | Development Complete-Non Op | | DC0601112 | | SPIDERMAN DC 621 #2 COMPLETION | | 9,180,679.30 | | 325,762.81 | | | 325,762.81 | | | Capital | | AFE-UNDERSPENT | | 8,854,916.49 | | Minimum Remaining Spending or inactive in 2017 |
DEEP | | Development Complete-Non Op | | DC0602245 | | GC 338/339 (FRONT RUNNER) STANDBY COSTS | | 7,125,750.00 | | (0.01 | ) | | (0.01 | ) | | Capital | | AFE-UNDERSPENT | | 7,125,750.01 | | Minimum Remaining Spending or inactive in 2018 |
DEEP | | Development Drill & Compl-Non Op | | DC0602697 | | MC 734 (THUNDER HAWK) LONG LEAD ITEMS-DEVELOPMENT | | 7,888,700.00 | | 6,310,960.00 | | | 6,310,960.00 | | | Capital | | AFE-UNDERSPENT | | 1,577,740.00 | | Minimum Remaining Spending or inactive in 2019 |
DEEP | | Development Complete-Non Op | | DC0604063 | | MC819, THUNDER BIRD LONG LEAD ITEMS | | 2,597,371.25 | | 169,085.80 | | | 169,085.80 | | | Capital | | AFE-UNDERSPENT | | 2,428,285.45 | | Minimum Remaining Spending or inactive in 2020 |
DEEP | | Construction-Facilities-Non Op | | F0302665 | | FRONT RUNNER - 8 WELLS - GC 338, 339 & 382 | | 2,641,125.00 | | 388,049.70 | | | (1,027,915.50 | ) | | Capital | | AFE-UNDERSPENT | | 2,253,075.30 | | Minimum Remaining Spending or inactive in 2021 |
DEEP | | Construction-Facilities-Non Op | | F0503952 | | DC 620/621 SPIDERMAN SUBSEA WELL DEVELOPMENT | | 16,111,721.26 | | 10,420,025.10 | | | 4,677,318.10 | | | Capital | | AFE-UNDERSPENT | | 5,691,696.16 | | Minimum Remaining Spending or inactive in 2022 |
DEEP | | Construction-Facilities-Non Op | | F0503954 | | DC 620/621 SPIDERMAN & DC 618/619 SAN JACINTO | | 58,286,464.31 | | 43,236,890.00 | | | 26,703,220.00 | | | Capital | | AFE-UNDERSPENT | | 15,049,574.31 | | Minimum Remaining Spending or inactive in 2023 |
DEEP | | Construction-Facilities-Non Op | | F0503957 | | DC 618/619 SAN JACINTO WELL DEVELOPMENT IPT | | 1,559,984.40 | | 495,498.84 | | | 495,498.84 | | | Capital | | AFE-UNDERSPENT | | 1,064,485.56 | | Minimum Remaining Spending or inactive in 2024 |
DEEP | | Construction-Pipelines-Non Op | | G0503938 | | MC 961 (Q PROSPECT) GATHERING SYSTEM | | 28,647,876.50 | | 26,100,000.00 | | | 26,100,000.00 | | | Capital | | AFE-UNDERSPENT | | 2,547,876.50 | | Minimum Remaining Spending or inactive in 2025 |
DEEP | | Expense-Platform-Non Op | | M0403689 | | VK 826 PLATFORM - HURRICANE IVAN DAMAGE | | 1,500,000.00 | | 76.85 | | | (10,325.92 | ) | | Expense | | AFE-UNDERSPENT | | 1,499,923.15 | | Minimum Remaining Spending or inactive in 2026 |
DEEP | | Expense-Platform | | M0403900 | | DEVILS TOWER-HURRICANE IVAN-NABORS RIG MODIFICATN | | 765,000.00 | | — | | | (528.83 | ) | | Expense | | AFE-UNDERSPENT | | 765,000.00 | | Minimum Remaining Spending or inactive in 2027 |
DEEP | | Capital Workovers | | W0604066 | | DEVILS TOWER RIG STANDBY -- NABORS P140 | | 3,375,000.00 | | 2,310,244.21 | | | 2,310,244.21 | | | Capital | | AFE-UNDERSPENT | | 1,064,755.79 | | Minimum Remaining Spending or inactive in 2028 |
Schedule 4.2(b) - 5
| | | | | | | | | | | | | | | | | | | | | |
BASIN | | CATEGORY_DESCRIPTION | | PROJ MASTER | | AFE_OBJECTIVE | | SumOf BENGAL NET AMOUNT | | SumOfITD AMOUNT | | SumOfYTD AMT | | | Expenditure Type | | ITD AFE OVERSPENT | | ITD AFE UNDERSPENT | | Status |
DEEP | | Capital Workovers | | W0604352 | | MC 299, SS1 ST02BP00 WORKOVER TO REPAIR SCSSV | | 5,643,750.00 | | 261,421.48 | | 261,421.48 | | | Capital | | AFE-UNDERSPENT | | 5,382,328.52 | | Minimum Remaining Spending or inactive in 2029 |
DOTEPI SHELF | | Expense-Platform-Non Op | | M0601542 | | WD 152 A PLATFORM HURRICANE KATRINA DAMAGE | | 1,925,625.00 | | 1,237,485.96 | | 1,237,485.96 | | | Expense | | AFE-UNDERSPENT | | 688,139.04 | | Minimum Remaining Spending or inactive in 2030 |
DOTEPI SHELF | | Retirement Wells-Non Op | | R0302157 | | HI A-548 A-1,2,3,5,6,7,8,9 & 10 & “A” PLATFORM | | 981,953.65 | | 116,120.01 | | 2,486.12 | | | Retirement | | AFE-UNDERSPENT | | 865,833.64 | | Minimum Remaining Spending or inactive in 2031 |
SHELF | | Exploratory Drill & Compl | | DC0603884 | | WC 132 #2 DRILL AND P&A | | 36,849,235.50 | | 1,364,240.00 | | 1,364,240.00 | | | Capital | | AFE-UNDERSPENT | | 35,484,995.50 | | Active |
SHELF | | Development Drill & Compl | | DC0604289 | | MP 280 A-2 ST01 DEVELOPM. WELL TO REC. RSRVS. | | 8,324,648.82 | | 181,319.84 | | 181,319.84 | | | Capital | | AFE-UNDERSPENT | | 8,143,328.98 | | Active |
SHELF | | Exploratory Complete | | DC0604747 | | WC132 #2: LONG LEAD TIME EQUIP FOR COMPLETION | | 3,120,750.00 | | 881,706.00 | | 881,706.00 | | | Capital | | AFE-UNDERSPENT | | 2,239,044.00 | | Active |
SHELF | | Construction-Pipelines | | G0604363 | | SS138 #1-6 IN F/L INSTALL TO BOIS D’ARC SS138 PTFM | | 2,500,000.00 | | 690,720.21 | | 690,720.21 | | | Capital | | AFE-UNDERSPENT | | 1,809,279.79 | | Active |
SHELF | | Expense-Platform | | M0504026 | | SS246 A/E PLATFORM - HURRICANE RITA DAMAGE | | 935,037.22 | | 277,449.91 | | 188,393.70 | | | Expense | | AFE-UNDERSPENT | | 657,587.31 | | Active |
SHELF | | Expense-Platform | | M0504307 | | WC225”C” HURRICANE RITA PLATFORM DAMAGE | | 879,999.96 | | 153,414.70 | | 63,694.86 | | | Expense | | AFE-UNDERSPENT | | 726,585.26 | | Active |
SHELF | | Exploratory Drill & Compl-Non Op | | DC0501952 | | ST 71 WELL NO. 3 DRILLING | | 1,980,203.00 | | 559.35 | | 559.35 | | | Capital | | AFE-UNDERSPENT | | 1,979,643.65 | | Minimum Remaining Spending or inactive in 2032 |
SHELF | | Exploratory Complete | | DC0503918 | | WC130 #3: LONG LEAD TIME EQUIP FOR COMPLETION | | 2,570,000.00 | | 169,607.27 | | 169,607.27 | | | Capital | | AFE-UNDERSPENT | | 2,400,392.73 | | Minimum Remaining Spending or inactive in 2033 |
SHELF | | Exploratory Drill & Compl | | DC0504072 | | MP270 #A2 ST01BP00 HURRICANE KATRINA DAMAGE | | 1,500,000.00 | | 487,034.67 | | (1,746,930.27 | ) | | Capital | | AFE-UNDERSPENT | | 1,012,965.33 | | Minimum Remaining Spending or inactive in 2034 |
SHELF | | Development Drill & Compl | | DC0504308 | | WC225#6 HURRICANE RITA WELL REPLACEMENT | | 3,666,625.00 | | 282,298.96 | | 244,787.70 | | | Capital | | AFE-UNDERSPENT | | 3,384,326.04 | | Minimum Remaining Spending or inactive in 2035 |
SHELF | | Exploratory Drill & Compl | | DC0602552 | | WC 130 #4 DRILL AND P&A | | 36,765,849.50 | | 27,968,569.06 | | 27,968,569.06 | | | Capital | | AFE-UNDERSPENT | | 8,797,280.44 | | Minimum Remaining Spending or inactive in 2036 |
SHELF | | Construction-Facilities-Non Op | | F0601425 | | WD 152 A PLATFORM UPGRADE | | 1,460,329.62 | | 28,912.97 | | 28,912.97 | | | Capital | | AFE-UNDERSPENT | | 1,431,416.65 | | Minimum Remaining Spending or inactive in 2037 |
SHELF | | Expense Workovers | | M0304067 | | MP280 WELL C-2 TT WORKOVER & ACID STIMULATION | | 1,350,000.00 | | 493,588.23 | | 39,123.00 | | | Expense | | AFE-UNDERSPENT | | 856,411.77 | | Minimum Remaining Spending or inactive in 2038 |
SHELF | | Expense-Platform | | M0403482 | | MP281A PLATFORM - HURRICANE IVAN DAMAGE | | 4,452,500.00 | | 28,104.22 | | (2,089,956.80 | ) | | Expense | | AFE-UNDERSPENT | | 4,424,395.78 | | Minimum Remaining Spending or inactive in 2039 |
SHELF | | Expense-Platform | | M0504018 | | MP270A PLATFORM - HURRICANE KATRINA DAMAGE | | 3,750,000.00 | | 940,774.30 | | (565,130.73 | ) | | Expense | | AFE-UNDERSPENT | | 2,809,225.70 | | Minimum Remaining Spending or inactive in 2040 |
SHELF | | Expense-Platform | | M0504022 | | MP280C PLATFORM - HURRICANE KATRINA DAMAGE | | 825,000.00 | | 176,961.99 | | (101,345.88 | ) | | Expense | | AFE-UNDERSPENT | | 648,038.01 | | Minimum Remaining Spending or inactive in 2041 |
SHELF | | Expense-Platform | | M0504023 | | MP281A PLATFORM - HURRICANE KATRINA DAMAGE | | 2,568,750.00 | | 537,391.28 | | 42,819.27 | | | Expense | | AFE-UNDERSPENT | | 2,031,358.72 | | Minimum Remaining Spending or inactive in 2042 |
SHELF | | Expense-Platform | | M0504305 | | WC72#2 HURRICANE RITA PLATFORM DAMAGE | | 637,500.00 | | 43,148.63 | | (7,674.93 | ) | | Expense | | AFE-UNDERSPENT | | 594,351.37 | | Minimum Remaining Spending or inactive in 2043 |
SHELF | | Retirement Pltfm Removal | | R0501929 | | WC566 PLATFORM REMOVAL | | 996,000.00 | | 449,971.01 | | 91,188.71 | | | Retirement | | AFE-UNDERSPENT | | 546,028.99 | | Minimum Remaining Spending or inactive in 2044 |
SHELF | | Retirement Pltfm Removal | | R0501930 | | WC 570 A PLATFORM REMOVAL | | 1,300,000.00 | | 83,349.14 | | (79,521.75 | ) | | Retirement | | AFE-UNDERSPENT | | 1,216,650.86 | | Minimum Remaining Spending or inactive in 2045 |
SHELF | | Retirement Pltfm Removal | | R0501932 | | WC 570 B PLATFORM REMOVAL | | 1,396,000.00 | | 261,947.46 | | 43,258.62 | | | Retirement | | AFE-UNDERSPENT | | 1,134,052.54 | | Minimum Remaining Spending or inactive in 2046 |
SHELF | | Retirement Pltfm Removal | | R0501933 | | VERMILION 313 A PLATFORM REMOVAL | | 1,927,000.00 | | 57,799.43 | | (144,897.18 | ) | | Retirement | | AFE-UNDERSPENT | | 1,869,200.57 | | Minimum Remaining Spending or inactive in 2047 |
SHELF | | Retirement Pltfm Removal | | R0504309 | | VR313A HURRICANE RITA PLATFORM REMOVAL | | 3,000,000.00 | | 292,973.43 | | 91,651.33 | | | Retirement | | AFE-UNDERSPENT | | 2,707,026.57 | | Minimum Remaining Spending or inactive in 2048 |
Schedule 4.2(b) - 6
ATTACHEDTOANDMADEPARTOFTHATCERTAIN OFFSHORE PACKAGE PURCHASE AGREEMENTBYANDBETWEEN
DOMINION EXPLORATION & PRODUCTION, INC.AND ENI PETROLEUM CO. INC.
SCHEDULE 4.2(4)(f)
EMPLOYMENT AGREEMENTS
Employment Continuity Agreement (Executives)*
Employment Continuity Agreement (Managing Directors)*
Special Package Letter dated as of September 27, 2006 (Executives – see Schedule 10.2(d)).
Special Package Letters dated as of September 27, 2006 (Managing Directors – see Schedule 10.2(c)(ii)).
* | Not triggered by transaction – no obligation for Purchaser and its Affiliates. |
Schedule 4.2(4)(f) - 1
ATTACHEDTOANDMADEPARTOFTHATCERTAIN OFFSHORE PACKAGE PURCHASE AGREEMENTBYANDBETWEEN
DOMINION EXPLORATION & PRODUCTION, INC.AND ENI PETROLEUM CO. INC.
SCHEDULE 4.4(b)(i)
EMPLOYEE BENEFITS AND COMPENSATION PROGRAMS LIST
Employee Benefits and Programs
Medical Plan
Dental Plan
Vision Plan
Long-Term Disability Plan
Basic Life Plan
Supplemental Life Plan
Dependent Life Plan
Healthcare Flexible Spending Account Plan
Dependent Care Flexible Spending Account Plan
Health Savings Account Plan
Salaried Employees’ Pension Plan
Salaried Employees’ Savings Plan
Retiree Medical Plan
Retiree Life Insurance Plan
Employee Assistance Program
Auto/Home Insurance (access only)
Long-Term Care Insurance (access only)
Education Assistance Program
Adoption Assistance Program
Business Travel Accident Insurance
Vacation and other Time-Off Programs
Industry Credit Vacation Policy (Exempt Employees)
Holidays
Military Leave
Personal Leave of Absence
Sickness/Disability Program
Dependent Care Leave (included in Sickness/Disability Policy)
LifeCare Discount Program
PC Loan Program
Gas Appliance Discount Program
Service Award Program
Relocation Policy
Severance Program
Special Severance Program for Dominion E&P
Condition Management Program
Dominion Foundation Matching Gifts Program
Parking Badges (free parking in certain locations)
Bus Passes (certain locations)
Flex Schedules
Merit Program
Annual Incentive Plan
Spot Cash Award Program
Dominion Retention Program
Six Sigma Green Belt Incentive Program
Schedule 4.2(b)(i) - 1
Six Sigma Black Belt Incentive Program
Highly compensated employees were also eligible to participate in the following two plans that were frozen in December of 2004, but continue to be maintained by Dominion:
Dominion Deferred Compensation Plan
Dominion Security Option Plan
III. | Equity-Based Programs |
Dominion Stock Award Program under the terms of the 2005 Incentive Compensation Plan.
The 2006 and 2007 programs for U.S. employees consist of two equally valued grants:
Restricted Stock
Goal-Based Stock
Dominion continues to administer outstanding restricted stock and option awards for employees under two previous plans – the Incentive Compensation Plan and the Leadership Stock Option Plan – but no grants have been made under such plans since the adoption of the 2005 Incentive Compensation Plan.
IV. | Deal Specific Retention and Severance Plan |
DEPI 2007 Transition Plan
The Success Pool is an incentive compensation program maintained by Seller or its Affiliates in connection with the disposition of the Assets pursuant to which awards may be made to certain employees who are providing services with respect to the marketing of the Assets.
Schedule 4.2(b)(i) - 2
ATTACHEDTOANDMADEPARTOFTHATCERTAIN OFFSHORE PACKAGE PURCHASE AGREEMENTBYANDBETWEEN
DOMINION EXPLORATION & PRODUCTION, INC.AND ENI PETROLEUM CO. INC.
SCHEDULE 4.5
LITIGATION
| | | | | | |
Item | | Category | | Claim | | Dominion Party |
1 | | Personal Injury/Death | | Ompy Lee Hudson | | DEPI |
| | | |
2 | | Personal Injury/Death | | Ralph Otis Jackson v. DEPI, et al. | | DEPI |
| | | |
3 | | Personal Injury/Death | | Rawls, Jason M. v. Nabors, et al. | | DEPI |
| | | |
4 | | Personal Injury/Death | | Winstead, Francis Gary v. Rowan Companies, Inc. | | DEPI |
| | | |
5 | | Royalty | | MMS claims regarding 1998 and 1999 Deep Water Royalty Relief Act leases | | DEPI |
| | | |
6 | | Royalty | | MMS Inquiry re Royalties paid by Burlington Resources | | DEPI |
| | | |
7 | | Contract, Lease and Title | | Comar Marine Corporation v. Mariner Energy, Inc. | | DEPI |
| | | |
8 | | Contract, Lease and Title | | DEPI and Pioneer Natural Resources USA v. Ameron International Corporation | | DEPI |
| | | |
9 | | Contract, Lease and Title | | Gene Wright Lease Cancellation Claim | | DEPI |
| | | |
10 | | Miscellaneous | | “Grynberg” Styled as In Re: Natural Gas Royalties Qui Tam Litigation (False Claims Act Claim) | | CNG, CNG Producing (DEPI), CNG Energy Services, East Ohio Gas Co. (Dominion East Ohio), CNG Transmission (Dominion Transmission) |
| | | |
11 | | Miscellaneous | | “Wright” Styled as United States of America, ex rel. Harrold E. (Gene) Wright vs. Chevron USA, Inc., et al. (False Claims Act Claim) | | DEPI |
| | | |
12 | | Miscellaneous | | U.S.A. ex rel. Little, et al. v. ENI Petroleum Co., Inc., et al. (False Claims Act) | | DEPI |
Unless otherwise noted, the Dominion Party is a defendant or is a Person against whom the relevant claim was made
Schedule 4.5 - 1
ATTACHEDTOANDMADEPARTOFTHATCERTAIN OFFSHORE PACKAGE PURCHASE AGREEMENTBYANDBETWEEN
DOMINION EXPLORATION & PRODUCTION, INC.AND ENI PETROLEUM CO. INC.
SCHEDULE 4.6
TAX DISCLOSURES
Section 4.6(a)
No partnership income tax returns have been filed for Devils Tower Prospect. Dominion is unable to confirm whether an election to be excluded from Subchapter K has been made. Dominion Exploration & Production, Inc. reported income, deductions, and credits related to Devils Tower in its corporate income tax return in proportion to its ownership percentage in the tax partnership. Although statute of limitations related to these returns will remain open indefinitely, amount of exposure is immaterial.
Section 4.6(b)
The U.S. Corporate Income Tax Returns, Forms 1120, for years 2002 and 2003 for Dominion Resources, Inc. and its subsidiaries are currently under audit by the Internal Revenue Service. The audit is scheduled to be completed and a final revenue agent’s report issued by May 15, 2007.
For years 1996 and 1997, the statute of limitations for the U.S. Corporate Income Tax Return, Form 1120, for Consolidated Natural Gas Company and its subsidiaries was extended until December 31, 2006 and was limited to include only IRC Section 29 Credits. A claim for credit or refund can be filed within 6 months after this agreement ends. The statute of limitations for the U.S. Corporate Income Tax Return, Form 1120, for Consolidated Natural Gas Company and its subsidiaries has been extended until September 30, 2007 for the tax year 1998. Tax years ending December 31, 1999 and January 28, 2000 for Consolidated Natural Gas Company and its subsidiaries are closed.
The statute of limitations for the U.S. Corporate Income Tax Return, Form 1120, for Dominion Resources, Inc. and its subsidiaries has been extended for the 1999 through 2001 tax years until November 30, 2007. The statute of limitations for the U.S. Corporate Income Tax Return, Form 1120, for Dominion Resources, Inc. and its subsidiaries for tax year 2002 and 2003 has been extended until September 15, 2008.
The statute of limitations has been extended for state purposes to the extent that a federal extension automatically extends a state statute of limitations.
Schedule 4.6 - 1
Section 4.6(c)
The definition of assets includes interests in a number of wells operated pursuant to joint operating agreements whereby the owners have treated the ownership arrangement as a partnership for tax purposes. Offshore prospects listed below are currently treated as partnerships for tax purposes.
| | |
1 | | Casino Royale Prospect |
| |
2 | | Goldeneye Prospect |
| |
3 | | Money Penny Prospect |
| |
4 | | Odd Job Prospect |
| |
5 | | Vesper Prospect |
| |
6 | | Devils Tower |
| |
7 | | West Raptor Prospect |
| |
8 | | Box Cars Prospect |
| |
9 | | Full Odds Prospect |
| |
10 | | Garden Banks 701 |
| |
11 | | Mighty Joe Young Prospect |
| |
12 | | Einset Prospect - Viosca Knoll Blocks 872 & 873 |
| |
13 | | Blackbeard West Prospect |
| |
14 | | Chilkoot Prospect |
| |
15 | | Popeye Prospect |
Schedule 4.6 - 2
ATTACHEDTOANDMADEPARTOFTHATCERTAIN OFFSHORE PACKAGE PURCHASE AGREEMENTBYANDBETWEEN
DOMINION EXPLORATION & PRODUCTION, INC.AND ENI PETROLEUM CO. INC.
SCHEDULE 4.7
ENVIRONMENTAL DISCLOSURES
1. | Pending Administrative Orders. Dominion Exploration & Production, Inc. (“DEPI”) has a pending Administrative Order from the U.S. Environmental Protection Agency (“EPA”) Region 6 regarding alleged Clean Water Act violations at their offshore facilities located in the Gulf of Mexico. A fine is expected for the Administrative Order, however, the fine is not expected to exceed $32,500. |
2. | Non-compliance with Clean Water Act Requirements. In 2006, DEPI submitted a self-disclosure notification to EPA Region 6 regarding wastewater discharges from lift boat operations in the Gulf of Mexico that occurred prior to Clean Water Act permit authorization. At this time, EPA Region 6 has not taken action in response to the self-disclosure notification. |
3. | Internal Environmental Audit Findings. DEPI periodically conducts internal audits of their operations for compliance with applicable environmental laws. Audits conducted in 2006 identified findings relating to NPDES reporting requirements. All of the findings identified in the 2006 audits have been resolved, other than the finding identified in 2. of this Schedule. |
4. | Additional claims which may relate to compliance with Environmental Laws and/or required remediation are listed in “Schedule 4.5, Litigation.” |
Schedule 4.7 - 1
ATTACHEDTOANDMADEPARTOFTHATCERTAIN OFFSHORE PACKAGE PURCHASE AGREEMENTBYANDBETWEEN
DOMINION EXPLORATION & PRODUCTION, INC.AND ENI PETROLEUM CO. INC.
SCHEDULE 4.8
VIOLATION OF LAWS (NON-ENVIRONMENTAL)
NONE
Schedule 4.8 -1
ATTACHEDTOANDMADEPARTOFTHATCERTAIN OFFSHORE PACKAGE PURCHASE AGREEMENTBYANDBETWEEN
DOMINION EXPLORATION & PRODUCTION, INC.AND ENI PETROLEUM CO. INC.
SCHEDULE 4.9
CONTRACT SCHEDULES
Material Contracts
(A) | Contracts for the purchase, sale or exchange of oil, gas or other hydrocarbons which (i) can reasonably be expected to generate gross revenue per year in excess of $20 million, or (ii) are not terminable by either party at will (without penalty) on 90 days notice or less: |
| (1) | K # 358C between DEPI and Poseidon Oil Pipeline Company, LLC dated July 23, 2003 (Offshore oil sales) |
| (2) | K # 304C between DEPI and Shell Trading (US) Company dated January 20, 2004 (Offshore oil sales) |
| (3) | K # 3108G between DEPI and Williams Power Company, Inc. dated August 15, 2001(Offshore gas sales) |
| (4) | K # 344S between DEPI and Florida Power & Light Co. dated November 1, 1998 (Offshore spot gas sales) |
| (5) | K # 431S between DEPI and Total Gas & Power North America, Inc. dated November 1, 2002 (Offshore spot gas sales) |
| (6) | K # 419S between DEPI and Fortis Energy Marketing & Trading, GP dated March 1, 2005 (Offshore spot gas sales) |
| (7) | K # 414S between DEPI and ConocoPhillips Co. dated January 1, 2003 (Offshore spot gas sales) |
| (8) | K # 406S between DEPI and Sempra Energy Trading Corp. dated November 1, 2002 (Offshore spot gas sales) |
| (9) | Those contracts listed on pages 4.9-10 and 11 of Schedule 4.9 which are identified as sales contracts in the “Base K Type” field. |
Schedule 4.9 - 1
(B) | Contracts for (i) the gathering, treatment, processing, handling, storage or transportation of oil, gas or other hydrocarbons and (ii) platform use, access or sharing agreements, that are not terminable by either party at will (without penalty) on 90 days notice or less: |
| | | | | | | | | | | | | | | | |
Dominion Contract # | | | | Counterparty | | Dominion Entity | | Dedication | | Contract Date | | Base K Type | | Expiration Date | | Product |
367 | | PR | | Apache Corporation | | DEPI | | Yes | | 6/6/2003 | | Production Handling | | End of Lease | | Production |
364 | | PR | | BP Energy Company | | DEPI | | Yes | | 9/1/1999 | | Processing | | End of Lease | | NGL’s |
338 | | PR | | BP America Production Co. | | DEPI | | No | | 4/16/2001 | | Production Handling | | End of Lease | | Production |
339 | | PR | | BP America Production Co. | | DEPI | | No | | 4/13/2001 | | Production Handling | | End of Lease | | Production |
355 | | PR | | BP America Production Co. | | DEPI | | No | | 1/17/2000 | | Production Handling | | End of Lease | | Production |
413 | | PR | | BP America Production Co. | | DEPI | | Yes | | 1/1/2005 | | Processing | | End of Lease | | Natural Gas |
447 | | PR | | BP America Production Co. | | DEPI | | Yes | | 12/5/2006 | | Processing | | End of Lease | | Natural Gas |
313 | | PR | | BP Energy Company | | DEPI | | Yes | | 3/1/1998 | | Processing | | 2/28/2018 | | Natural Gas |
405 | | FC | | Cameron Highway Oil Pipeline Co. | | DEPI | | No | | 7/14/2006 | | Interconnect Funding | | Abandonment of facilities | | Crude Oil |
428 | | PR | | CDM Max, LLC | | DEPI | | Yes | | 1/1/2006 | | Processing | | 12/31/2007 | | Natural Gas |
418 | | PR | | Chevron U.S.A. Inc. | | DEPI | | Yes | | 7/9/2004 | | Production Handling | | End of Lease | | Production |
306 | | PR | | Crosstex Energy Services, L.P. | | DEPI | | Yes | | 8/1/2002 | | Processing | | 7/31/2007 | | Natural Gas |
315 | | PR | | Crosstex Energy Services, L.P. | | DEPI | | Yes | | 3/1/2003 | | Processing | | 2/29/2008 | | Natural Gas |
Schedule 4.9 - 2
| | | | | | | | | | | | | | | | |
Dominion Contract # | | | | Counterparty | | Dominion Entity | | Dedication | | Contract Date | | Base K Type | | Expiration Date | | Product |
305 | | PR | | Crosstex Processing Services, LLC | | DEPI | | Yes | | 10/1/1993 | | Processing | | 9/30/2007 | | Natural Gas |
301 | | GG | | Dauphin Island Gathering System, LLC | | DEPI | | Yes | | 6/1/96 | | Firm Gathering | | End of Lease | | Natural Gas |
304 | | GG | | Dauphin Island Gathering System, LLC | | DEPI | | Yes | | 12/1/1996 | | Firm Gathering | | End of Lease | | Natural Gas |
310 | | T | | Destin Pipeline Co., L.L.C. | | DEPI | | Yes | | 2/2/1998 | | FT-2 Transportation | | End of Lease | | Natural Gas |
314 | | T | | Destin Pipeline Co., L.L.C. | | DEPI | | Yes | | 2/2/1998 | | IT Transportation | | End of Lease | | Natural Gas |
359 | | T | | Destin Pipeline Co., L.L.C. | | DEPI | | Yes | | 2/2/1998 | | FT-2 Transportation & Reserve Commitment | | End of Lease | | Natural Gas |
306 | | T | | Discovery Gas Transmission LLC | | DEPI | | Yes | | 5/26/2004 | | Reserve Dedication & FT Discount | | End of Lease | | Natural Gas |
449 | | T | | Discovery Gas Transmission LLC | | DEPI | | Yes | | 5/26/2004 | | FT-2 Transportation | | End of Lease | | Natural Gas |
498 | | T | | Discovery Gas Transmission LLC | | DEPI | | Yes | | 5/26/2004 | | Retrograde Transportation | | End of Lease | | Condensate |
323 | | GG | | Discovery Producer Services, LLC | | DEPI | | Yes | | 5/26/2004 | | Gas Dedication & Gathering | | End of Lease | | Natural Gas |
499 | | T | | Discovery Producer Services, LLC | | DEPI | | Yes | | 5/26/2004 | | Condensate Separation, Handling, Stabilization & Redeivery | | End of Lease | | Condensate |
Schedule 4.9 - 3
| | | | | | | | | | | | | | | | |
Dominion Contract # | | | | Counterparty | | Dominion Entity | | Dedication | | Contract Date | | Base K Type | | Expiration Date | | Product |
385 | | PR | | Discovery Producer Services, LLC | | DEPI | | Yes | | 5/26/2004 | | Processing | | End of Lease | | Natural Gas |
374 | | PR | | Dominion Exploration & Production, Inc. & Spinnaker | | DEPI | | Yes | | 10/1/2003 | | Production Handling | | End of Lease | | Production |
362 | | PR | | Dominion Exploration & Production, Inc. et al | | DEPI | | Yes | | 3/25/2004 | | Production Handling | | End of Lease | | Production |
337 | | T | | Enbridge Offshore Pipelines (UTOS) LLC | | DEPI | | Yes | | 7/1/1990 | | IT Transportation | | 6/30/2008 | | Natural Gas |
417 | | FC | | Endymion Oil Pipeline Co., LLC | | DEPI | | Yes | | 12/4/2006 | | Crude Oil Transportation | | End of Lease | | Crude Oil |
322 | | GG | | Enterprise Field Services LLC | | DEPI | | Yes | | 12/1/2001 | | Gathering | | End of Lease | | Natural Gas |
351 | | GG | | Enterprise Field Services LLC | | DEPI | | Yes | | 11/9/2004 | | Gas/Condensate Transportation | | Until terminated with cause | | Natural Gas / Condensate |
322 | | PR | | Enterprise Products Operating, L.P. | | DEPI | | Yes | | 7/30/1968 | | Processing | | 7/31/2023 | | NGL`s |
302 | | PR | | ExxonMobil Production Co. | | DEPI | | Yes | | 10/1/2001 | | Processing | | 9/30/2011 | | Natural Gas |
353 | | PR | | ExxonMobil Production Co. | | DEPI | | No | | 11/19/1998 | | Production Handling | | End of Lease | | Production |
407 | | PR | | Hess Corporation | | DEPI | | Yes | | 11/8/2004 | | Processing | | End of Lease | | Natural Gas |
302 | | T | | High Island Offshore System, L.L.C. | | DEPI | | No | | 5/1/1999 | | IT Transportation | | 4/30/2008 | | Natural Gas |
444 | | PR | | Hunt Petroluem (AEC) Inc. | | DEPI | | No | | 1/1/2007 | | Production Handling | | End of Lease | | Production |
Schedule 4.9 - 4
| | | | | | | | | | | | | | | | |
Dominion Contract # | | | | Counterparty | | Dominion Entity | | Dedication | | Contract Date | | Base K Type | | Expiration Date | | Product |
448 | | PR | | Hunt Petroluem (AEC) Inc. | | DEPI | | No | | 11/1/2001 | | Production Handling | | End of Lease | | Production |
389 | | FC | | Independence Hub, LLC | | DEPI | | Yes | | 11/9/2004 | | Construction, Operating & Maintenance | | End of Lease | | Natural Gas & Crude Oil |
350 | | PR | | K/D/S Promix, L.L.C. | | DEPI | | Yes | | 11/4/1998 | | Processing | | 3/1/2008 | | NGL’s |
394 | | PR | | LLOG Exploration Offshore, Inc. | | DEPI | | Yes | | 1/30/2006 | | Production Handling | | End of Lease | | Production |
409 | | PR | | Mariner Energy Resources, Inc. | | DEPI | | Yes | | 12/1/2003 | | Production Handling | | 11/30/2008 | | Production |
337 | | PR | | Maritech Resources, Inc. | | DEPI | | Yes | | 12/20/2000 | | Production Handling | | End of Lease | | Production |
408 | | FC | | Murphy Exploration & Production Company - USA | | DEPI | | Yes | | 9/29/2006 | | Production Handling | | End of Lease | | Production |
448 | | PR | | Hunt Petroluem (AEC) Inc. | | DEPI | | No | | 11/1/2001 | | Production Handling | | End of Lease | | Production |
378 | | PR | | Noble Energy, Inc. | | DEPI | | No | | 1/31/2005 | | Production Handling | | End of Lease | | Production |
341 | | PR | | Ocean Energy, Inc. | | DEPI | | No | | 5/1/2001 | | Production Handling | | End of Lease | | Production |
442 | | PR | | Offshore Energy II LLC | | DEPI | | Yes | | 7/1/2000 | | Production Handling | | End of Lease | | Production |
312 | | PR | | PanEnergy Mobile Bay Processing, LLC | | DEPI | | Yes | | 10/31/1997 | | Processing | | 10/31/2012 | | Natural Gas |
Schedule 4.9 - 5
| | | | | | | | | | | | | | | | |
Dominion Contract # | | | | Counterparty | | Dominion Entity | | Dedication | | Contract Date | | Base K Type | | Expiration Date | | Product |
101 | | PR | | Petro Ventures, Inc. | | DEPI | | Yes | | 2/26/2003 | | Production Handling | | End of Lease | | Production |
419 | | PR | | PetroQuest Energy L.L.C. etal | | DEPI | | No | | 5/1/2005 | | Production Handling | | 4/30/2008 | | Production |
416 | | FC | | Proteus Oil Pipeline Co., LLC | | DEPI | | Yes | | 12/4/2006 | | Crude Oil Transportation | | End of Lease | | Crude Oil |
354 | | PR | | Shell Offshore Inc. | | DEPI | | Yes | | 10/1/2001 | | Production Handling | | End of Lease | | Production |
363 | | PR | | Shell Offshore Inc. | | DEPI | | Yes | | 11/1/1994 | | Production Handling | | End of Lease | | Production |
341 | | T | | Stingray Pipeline Company | | DEPI | | Yes | | 1/1/2000 | | IT Transportation | | End of Lease | | Natural Gas |
304 | | PR | | Targa Midstream Services LP | | DEPI | | Yes | | 1/1/1999 | | Processing | | End of Lease | | Natural Gas |
414 | | PR | | Targa Midstream Services LP | | DEPI | | Yes | | 2/1/2005 | | Processing | | 1/31/2010 | | Natural Gas |
443 | | PR | | Targa Midstream Services LP | | DEPI | | Yes | | 9/1/2006 | | Processing | | 8/31/2009 | | Natural Gas |
349 | | T | | Targa Midstream Services LP | | DEPI | | Yes | | 12/1/1992 | | Gathering | | End of Lease | | Natural Gas |
342 | | T | | Tennessee Gas Pipeline Co. | | DEPI | | Yes | | 11/9/2004 | | Facilities Reimbursement | | End of Lease or respayment | | Natural Gas |
384 | | PR | | Trunkline Gas Company, LLC | | DEPI | | Yes | | 1/1/1994 | | Transportation & Processing | | 12/31/2007 | | Natural Gas |
354 | | T | | Trunkline Gas Company, LLC | | DEPI | | No | | 5/1/2000 | | IT Transportation | | 4/30/2008 | | Natural Gas |
391 | | PR | | WFS - Liquids Company | | DEPI | | Yes | | 5/11/2005 | | Processing | | 10/31/2007 | | Natural Gas |
Schedule 4.9 - 6
| | | | | | | | | | | | | | | | |
Dominion Contract # | | | | Counterparty | | Dominion Entity | | Dedication | | Contract Date | | Base K Type | | Expiration Date | | Product |
372 | | PR | | William G. Hellis Company etal | | DEPI | | No | | 2/27/2002 | | Production Handling | | End of Lease | | Production |
375 | | PR | | William G. Hellis Company etal | | DEPI | | No | | 9/1/2003 | | Production Handling | | End of Lease | | Production |
315 | | GG | | Williams Field Services Gulf Coast Co., LP | | DEPI | | Yes | | 12/11/1999 | | Transportation & Processing | | End of Lease | | Natural Gas |
437 | | PR | | Williams Field Services Gulf Coast Co., LP | | DEPI | | Yes | | 3/1/2006 | | Processing | | End of Lease | | Natural Gas |
382 | | PR | | Williams Field Services Gulf Coast Co., LP | | DEPI | | Yes | | 8/15/2001 | | Production Handling | | End of Lease | | Production |
357 | | FC | | Williams Field Services Gulf Coast Co., LP | | DEPI | | No | | 8/15/2001 | | Spar Use & Access | | End of Lease | | Production |
358 | | FC | | Williams Field Services Gulf Coast Co., LP | | DEPI | | No | | 8/15/2001 | | Spar Operating | | End of Lease | | Production |
383 | | PR | | Williams Mobile Bay Producer Services, LLC | | DEPI | | Yes | | 8/15/2001 | | Processing | | End of Lease | | Natural Gas |
451 | | PR | | Crosstex Energy Services, L.P. | | DEPI | | Yes | | 1/1/2007 | | Processing | | 12/31/2009 | | NGLs |
452 | | PR | | CDM MAX, LLC | | DEPI | | Yes | | 2/1/2007 | | Processing | | 1/31/2012 | | Natural Gas & NGLs |
Schedule 4.9 - 7
(C) | Contracts for the use or sharing of drilling rigs or drill ships that are not terminable by either party at will (without penalty) on 90 days notice or less: |
| (1) | Offshore Daywork Drilling Contract between Anadarko Petroleum Corporation, Dominion Exploration & Production, Inc. and Kerr-McGee Oil & Gas Corporation, and ENSCO Offshore Company dated September 19, 2005 |
| (2) | Workover Daywork Contract between Dominion Exploration & Production, Inc. and Nabors Offshore Corporation, dated December 10, 2004 |
| (3) | Rig Slot Use Letter Agreement by and between Dominion Exploration & Production, Inc., Anadarko Petroleum Corporation and Noble Drilling (U.S.) Inc., dated February 28, 2007 (for use of Noble Amos Runner for sole purpose of drilling two wells on Desoto Canyon 618- maximum duration of Dominion’s use of the rig is 95 days, commencing from approximately Mar. 1, 2007) |
(D) | Purchase agreements, farmin and farmout agreements, exploration agreements, participation agreements and similar agreements providing for the earning of an equity interest which can reasonably be expected to require expenditures per year in excess of $20 million: |
None
(E) | Partnership agreements, joint venture agreements, and similar agreements which can reasonably be expected to require expenditures per year in excess of $20 million: |
None
(F) | Operating agreements, unit agreements and unit operating agreements (based on JIBs, not revenues) which can reasonably be expected to require expenditures per year in excess of $20 million: |
| (1) | Joint Operating Agreement by and between Dominion Exploration & Production, Inc., dated effective December 20, 2002 (West Cameron Block 130) |
| (2) | Offshore Operating Agreement by and between Pioneer Natural Resources USA, Inc., Dominion Exploration & Production, Inc. et al., dated November 1, 1999 (Mississippi Canyon 773) |
| (3) | Joint Operating Agreement for the San Jacinto Prospect, De Soto Canyon Block 618 between Amerada Hess Corporation, Dominion Exploration & Production, Inc. and Spinnaker Exploration Company, L.L.C., dated effective February 1, 2002 |
| (4) | Joint Operating Agreement dated August 23, 2002 by and between Dominion Exploration & Production, Inc. and Spinnaker Exploration Company, L.L.C. (West Cameron 72) |
| (5) | Joint Operating Agreement dated May 1, 2005 by and between Dominion Exploration & Production, Inc. and Stone Energy Corporation (West Cameron 132) |
(G) | Seismic licenses and contracts that (i) are not terminable by either party at will (without penalty) on 90 days notice or less, or (ii) can reasonably be expected to require expenditures per year in excess of $20 million: |
| (1) | Those contracts listed on pages 4.12-8 and 9 of Schedule 4.12 which are identified as seismic licenses |
| (2) | Schedule 1, Supplemental Agreement to a 2D & 3D Onshore/Offshore Master Seismic Data Participation and Licensing Agreement between Seitel Data, Ltd. and CNG Producing Company, dated December 31, 1998 |
Schedule 4.9 - 8
| (3) | Schedule 1, Supplemental Agreement to a 3D Seismic Data Acquisition to a 2D & 3D Onshore/Offshore Master Seismic Data Participation and Licensing Agreement between Seitel Data, Ltd. and Dominion Exploration & Production, Inc., dated August 6, 2000 |
(H) | Contracts for the construction and installation of Equipment with guaranteed production throughput requirements where amounts owed if the guaranteed throughput is not delivered exceed $10 million that are not terminable by either party at will (without penalty) on 90 days notice or less. |
| (1) | Spar Use and Access Agreement between Williams Field Services- Gulf Coast Company, L.P. and Dominion Exploration & Production, Inc., and Pioneer Natural Resources USA, Inc., dated August 15, 2001 (Mississippi Canyon 773) |
| (2) | Thunder Hawk Production Handling Agreement dated September 29, 2006 among SBM Gulf Production, LLC, Murphy Exploration & Production Company—USA, Marubeni Offshore Production (USA) Inc., Dominion Exploration & Production, Inc. and Hydro Gulf of Mexico, L.L.C. |
| (3) | Independence Hub Agreement dated November 9, 2004 among Independence Hub, LLC, Anadarko Petroleum Corporation, Kerr-McGee Oil & Gas Corporation, Devon Louisiana Corporation, Spinnaker Exploration Company, BHP Billiton Petroleum (Deepwater) Inc. and Dominion Exploration & Production, Inc. for the Independence Hub |
Defaults under Material Contracts
NONE
Affiliate Contracts Binding on any Company or Subsidiary or the Assets after Closing
NONE
Physical Derivative Contracts
Crude Sale Agreement between Morgan Stanley Capital Group, Inc. and Dominion Exploration & Production, Inc., dated August 9, 2006
Schedule 4.9 - 9
Purchase, Sale or Exchange Contracts for Oil, Gas or other Hydrocarbons not terminable on 90 days notice or less
| | | | | | | | | | | | | | |
Dominion Contract # | | | | Counterparty | | Dominion Entity | | Contract Date | | Base K Type | | Expiration Date | | Product |
364 | | PR | | BP Energy Company | | DEPI | | 9/1/1999 | | Processing | | End of Lease | | NGL`s |
413 | | PR | | BP America Production Co. | | DEPI | | 1/1/2005 | | Processing | | End of Lease | | Natural Gas |
447 | | PR | | BP America Production Co. | | DEPI | | 12/5/2006 | | Processing | | End of Lease | | Natural Gas |
313 | | PR | | BP Energy Company | | DEPI | | 3/1/1998 | | Processing | | 2/28/2018 | | Natural Gas |
428 | | PR | | CDM Max, LLC | | DEPI | | 1/1/2006 | | Processing | | 12/31/2007 | | Natural Gas |
414 | | S | | ConocoPhillips Company | | DEPI | | 1/1/2003 | | Sales- Index Based Pricing | | 10/31/2007 | | Natural Gas |
514 | | S | | Coral Energy Resources, LP[NOTE: This sales contract applies to both onshore and offshore gas.] | | DEPI | | 9/1/2005 | | Sales- Index Based Pricing | | 10/31/2007 | | Natural Gas |
517 | | S | | Coral Energy Resources, LP[NOTE: This sales contract applies to both onshore and offshore gas.] | | DEPI | | 9/1/2005 | | Sales- Index Based Pricing | | 10/31/2007 | | Natural Gas |
306 | | PR | | Crosstex Energy Services, L.P. | | DEPI | | 8/1/2002 | | Processing | | 7/31/2007 | | Natural Gas |
315 | | PR | | Crosstex Energy Services, L.P. | | DEPI | | 3/1/2003 | | Processing | | 2/29/2008 | | Natural Gas |
305 | | PR | | Crosstex Processing Services, LLC | | DEPI | | 10/1/1993 | | Processing | | 9/30/2007 | | Natural Gas |
383 | | S | | Cypress Gas Pipeline, LLC | | DEPI | | 1/1/2003 | | Sales- Index Based Pricing | | 10/31/2007 | | Natural Gas |
385 | | PR | | Discovery Producer Services, LLC | | DEPI | | 5/26/2004 | | Processing | | End of Lease | | Natural Gas |
443 | | S | | Eagle Energy Partners I, L.P. | | DEPI | | 6/1/2003 | | Sales- Index Based Pricing | | 10/31/2007 | | Natural Gas |
322 | | PR | | Enterprise Products Operating, L.P. | | DEPI | | 7/30/1968 | | Processing | | 7/31/2023 | | NGL`s |
302 | | PR | | ExxonMobil Production Co. | | DEPI | | 10/1/2001 | | Processing | | 9/30/2011 | | Natural Gas |
332 | | C | | Flint Hills Resources, LP | | DEPI | | 3/1/2003 | | Sales- Index Based Pricing | | 2/29/2008 | | Crude Oil |
344 | | S | | Florida Power & Light Co. | | DEPI | | 11/1/1998 | | Sales- Index Based Pricing | | 10/31/2007 | | Natural Gas |
419 | | S | | Fortis Energy Marketing & Trading, GP | | DEPI | | 3/1/1998 | | Sales- Index Based Pricing | | 10/31/2007 | | Natural Gas |
407 | | PR | | Hess Corporation | | DEPI | | 11/8/2004 | | Processing | | End of Lease | | Natural Gas |
472 | | S | | Hess Corporation | | DEPI | | 4/1/2006 | | Sales- Index Based Pricing | | 10/31/2007 | | Natural Gas |
2008 | | G | | Houston Pipe Line Company LP | | DEPI | | 3/18/2002 | | Sales- Index Based Pricing | | End of Lease | | Natural Gas |
350 | | PR | | K/D/S Promix, L.L.C. | | DEPI | | 11/4/1998 | | Processing | | 3/1/2008 | | NGL`s |
Schedule 4.9 - 10
| | | | | | | | | | | | | | |
Dominion Contract # | | | | Counterparty | | Dominion Entity | | Contract Date | | Base K Type | | Expiration Date | | Product |
374 | | C | | Morgan Stanley Capital Group, Inc. | | DEPI | | 8/9/2006 | | Sales- Fixed Price | | 12/31/2009 | | Crude Oil |
312 | | PR | | PanEnergy Mobile Bay Processing, LLC | | DEPI | | 10/31/1997 | | Processing | | 10/31/2012 | | Natural Gas |
358 | | C | | Poseidon Oil Pipeline Company, LLC | | DEPI | | 7/23/2003 | | Sales- Index Based Pricing | | End of Lease | | Crude Oil |
406 | | S | | Sempra Energy Trading Corp.[NOTE: This sales contract applies to both onshore and offshore gas.] | | DEPI | | 11/1/2002 | | Sales- % of Index Pricing | | 3/31/2008 | | Natural Gas |
304 | | C | | Shell Trading (US) Company | | DEPI | | 1/20/2004 | | Sales- Index Based Pricing | | 12/31/2007 | | Crude Oil |
448 | | S | | Tampa Electric Company | | DEPI | | 2/1/2006 | | Sales- % of Index Pricing | | 10/31/2007 | | Natural Gas |
304 | | PR | | Targa Midstream Services LP | | DEPI | | 1/1/1999 | | Processing | | End of Lease | | Natural Gas |
414 | | PR | | Targa Midstream Services LP | | DEPI | | 2/1/2005 | | Processing | | 1/31/2010 | | Natural Gas |
443 | | PR | | Targa Midstream Services LP | | DEPI | | 9/1/2006 | | Processing | | 8/31/2009 | | Natural Gas |
431 | | S | | Total Gas & Power North America, Inc.[NOTE: This sales contract applies to both onshore and offshore gas.] | | DEPI | | 11/1/2002 | | Sales- Index Based Pricing | | 10/31/2007 | | Natural Gas |
384 | | PR | | Trunkline Gas Company, LLC | | DEPI | | 1/1/1994 | | Transportation & Processing | | 12/31/2007 | | Natural Gas |
391 | | PR | | WFS - Liquids Company | | DEPI | | 5/11/2005 | | Processing | | 10/31/2007 | | Natural Gas |
303 | | C | | Williams Oil Gathering, L.L.C. | | DEPI | | 8/15/2001 | | Sales- Index Based Pricing | | End of Lease | | Crude Oil |
315 | | GG | | Williams Field Services Gulf Coast Co., LP | | DEPI | | 12/11/1999 | | Transportation & Processing | | End of Lease | | Natural Gas |
437 | | PR | | Williams Field Services Gulf Coast Co., LP | | DEPI | | 3/1/2006 | | Processing | | End of Lease | | Natural Gas |
383 | | PR | | Williams Mobile Bay Producer Services, LLC | | DEPI | | 8/15/2001 | | Processing | | End of Lease | | Natural Gas |
3108 | | G | | Williams Power Company, Inc. | | DEPI | | 8/15/2001 | | Sales- Index Based Pricing | | End of Lease | | Natural Gas |
3345 | | G | | SemStream L.P. | | DEPI | | 2/1/2007 | | Sales- Index Based Pricing | | 1/31/2008 | | NGLs |
3346 | | G | | SemStream L.P. | | DEPI | | 2/1/2007 | | Sales- Index Based Pricing | | 1/31/2008 | | NGLs |
3349 | | G | | Chevron Products Co. | | DEPI | | 3/19/2007 | | Sales- Index Based Pricing | | 3/31/2008 | | NGLs |
Schedule 4.9 - 11
ATTACHEDTOANDMADEPARTOFTHATCERTAIN OFFSHORE PACKAGE PURCHASE AGREEMENTBYANDBETWEEN
DOMINION EXPLORATION & PRODUCTION, INC.AND ENI PETROLEUM CO. INC.
SCHEDULE 4.10
PRODUCTION PAYMENTS
[NOTE: The production payment identified below is to be terminated prior to the Effective Date.]
Production Payment Agreement among Dominion Oklahoma Texas Exploration & Production, Inc., Dominion Natural Gas I, L.P., Dominion Exploration & Production, Inc., Dominion Exploration & Production I, Inc. and Wells Fargo as trustee of American Gas Royalty Trust
Schedule 4.10 - 1
ATTACHEDTOANDMADEPARTOFTHATCERTAIN OFFSHORE PACKAGE PURCHASE AGREEMENTBYANDBETWEEN
DOMINION EXPLORATION & PRODUCTION, INC.AND ENI PETROLEUM CO. INC.
SCHEDULE 4.11
PRODUCTION IMBALANCES
Producer Gas Imbalances as of December 31, 2006
| | | | | | | | | | | | | | |
Report Center Name | | Date of imbalance info | | Imbalance volume over/(under) GWI | | | Estimated NRI/GWI | | Imbalance volume over/(under) NRI | | | UOM - Mcf, Mmbtu | | Operator |
BRAZOS 504 | | Dec-06 | | 42,267 | | | 0.83000000 | | 35,082 | | | Mcf | | Dominion |
EI 39 | | Nov-06 | | 306 | | | 1.00000000 | | 306 | | | Mcf | | Unocal |
GC 338 | | Nov-06 | | 18 | | | 0.87500000 | | 15 | | | Mcf | | Murphy |
HI 350 / WC 633 | | Nov-06 | | (3,098 | ) | | 1.00000000 | | (3,098 | ) | | Mcf | | Apache |
HI 570 D | | Dec-06 | | (26,967 | ) | | 0.83000000 | | (22,383 | ) | | Mcf | | Dominion |
HI A-1 | | Nov-06 | | 423 | | | 1.00000000 | | 423 | | | Mcf | | LLOG |
MC 773/772/728 | | Nov-06 | | 2,758 | | | 0.96619700 | | 2,665 | | | Mcf | | Dominion |
MP 223/225/250 | | Nov-06 | | 49,396 | | | 0.73333200 | | 36,224 | | | Mcf | | El Paso |
SMI 142A | | Nov-06 | | (69,214 | ) | | 1.00000000 | | (69,214 | ) | | Mcf | | Hunt Petroleum |
SS 246A/H/J/K | | Nov-06 | | (20,271 | ) | | 1.00000000 | | (20,271 | ) | | Mcf | | Dominion |
SS 247F | | Nov-06 | | (38,813 | ) | | 0.83333200 | | (32,344 | ) | | Mcf | | Dominion |
SS 248D | | Nov-06 | | 12,255 | | | 1.00000000 | | 12,255 | | | Mcf | | Dominion |
ST 72 | | Oct-06 | | (596 | ) | | 0.80000000 | | (477 | ) | | Mcf | | Mariner |
ST 72 #21 | | Oct-06 | | 1,232 | | | 0.80000000 | | 986 | | | Mcf | | Mariner |
VK 826 | | Nov-06 | | 24,432 | | | 1.00000000 | | 24,432 | | | Mcf | | KerrMcGee |
VK 873 | | Nov-06 | | 44,259 | | | 0.83000000 | | 36,735 | | | Mcf | | Shell Offshore |
VM 255 | | Nov-06 | | (15,159 | ) | | 0.83000000 | | (12,582 | ) | | Mcf | | Stone Energy |
VM 256 | | Nov-06 | | (163 | ) | | 0.83000000 | | (135 | ) | | Mcf | | Stone Energy |
VM 267 | | Nov-06 | | 706 | | | 0.83000000 | | 586 | | | Mcf | | Stone Energy |
VM 267F | | Nov-06 | | 12,739 | | | 0.83000000 | | 10,573 | | | Mcf | | Stone Energy |
VM 268 | | Nov-06 | | (2,146 | ) | | 0.83000000 | | (1,781 | ) | | Mcf | | Stone Energy |
VM 313D | | Nov-06 | | (17,979 | ) | | 1.00000000 | | (17,979 | ) | | Mcf | | Dominion |
Schedule 4.11 - 1
| | | | | | | | | | | | | | |
Report Center Name | | Date of imbalance info | | Imbalance volume over/(under) GWI | | | Estimated NRI/GWI | | Imbalance volume over/(under) NRI | | | UOM - Mcf, Mmbtu | | Operator |
VM 78 | | Oct-06 | | (12,462 | ) | | 0.83000000 | | (10,343 | ) | | Mcf | | Apache |
VM 78 (Flash) | | Oct-06 | | (8,945 | ) | | 0.83000000 | | (7,424 | ) | | Mcf | | Apache |
WC 100 | | Nov-06 | | 30,692 | | | 1.00000000 | | 30,692 | | | Mcf | | Dominion |
WC 112 | | Oct-06 | | (837 | ) | | 0.80000000 | | (670 | ) | | Mcf | | Mariner |
WC 130 | | Nov-06 | | (1,323 | ) | | 1.00000000 | | (1,323 | ) | | Mcf | | Dominion |
WC 225 | | Nov-06 | | (30,155 | ) | | 0.82108300 | | (24,760 | ) | | Mcf | | Dominion |
WC 537 | | Dec-06 | | (58,764 | ) | | 0.83000000 | | (48,774 | ) | | Mcf | | ChevronTexaco |
WC 61/76 | | Nov-06 | | 10,538 | | | 1.00000000 | | 10,538 | | | Mcf | | BHPB Petroleum |
WC 77 | | Oct-06 | | 7,573 | | | 1.00000000 | | 7,573 | | | Mcf | | BHPB Petroleum |
| | | | | | | | | | | | | | |
Offshore total | | | | (67,298 | ) | | | | (64,473 | ) | | | | |
| | | | | | | | | | | | | | |
Schedule 4.11 - 2
Pipeline and Facility Imbalances as of December 31, 2006
| | | | | | | | | | | | | |
Company | | Report Center | | Report Center Name | | Date of imbalance info | | Imbalance volume receivable / (payable) | | | UOM - Mcf, MMbtu | | State |
DEPI | | | | WC 72 #1 | | Oct-06 | | 61,536 | | | MMBtu | | Offshore |
DEPI | | | | SS 248D | | Nov-06 | | 46,239 | | | MMBtu | | Offshore |
DEPI | | | | MP 223/225/250 | | Nov-06 | | 12,010 | | | MMBtu | | Offshore |
DEPI | | | | MP 280C | | Nov-06 | | 8,326 | | | MMBtu | | Offshore |
DEPI | | | | VM 313B | | Nov-06 | | 2,830 | | | MMBtu | | Offshore |
DEPI | | | | MP 281A | | Nov-06 | | 1,007 | | | MMBtu | | Offshore |
DEPI | | | | MC 296 | | Oct-06 | | 226 | | | MMBtu | | Offshore |
DEPI | | | | MC 299 | | Oct-06 | | 124 | | | MMBtu | | Offshore |
DEPI | | | | SS 246A/H/J/K | | Nov-06 | | (2,984 | ) | | MMBtu | | Offshore |
DEPI | | | | WC 72 #2 | | Oct-06 | | (5,316 | ) | | MMBtu | | Offshore |
DEPI | | | | MP 279 * | | Dec-04 | | (16,444 | ) | | MMBtu | | Offshore |
DEPI | | | | MP 270 | | Nov-06 | | (26,669 | ) | | MMBtu | | Offshore |
DEPI | | | | GC 116 ** | | Nov-06 | | (186,869 | ) | | MMBtu | | Offshore |
DEPI | | | | Transco*** | | Oct-06 | | 647,194 | | | MMBtu | | Offshore |
DEPI | | | | Tennessee Gas PL | | Oct-06 | | (5,924 | ) | | MMBtu | | Offshore |
DEPI | | | | P/L Col Gulf | | Oct-06 | | (14,112 | ) | | MMBtu | | Offshore |
DEPI | | | | TA-Dynegy | | Oct-06 | | (36,680 | ) | | MMBtu | | Offshore |
DEPI | | | | P/L PIGS | | Oct-06 | | 8,533 | | | MMBtu | | Offshore |
DEPI | | | | TA-UTOS-100 | | Oct-06 | | 16,528 | | | MMBtu | | Offshore |
| | | | | | | | | | | | | |
Offshore total | | | | | | | | 509,555 | | | | | |
| | | | | | | | | | | | | |
* | The MP 279 imbalance is anticipated to be paid prior to execution of the Agreement. |
** | The GC 116 imbalance is anticipated to be settled in April of 2007. |
*** | The Transco imbalance was settled March 31, 2007. |
Schedule 4.11 - 3
OFFSHORE OIL INVENTORIES- NET
DECEMBER 31, 2006
| | | | | | | | | | | | | | | |
Property | | Balance (bbls) | | Published price | | Grade Differential | | Premium | | Transport/QB | | | PLA | |
Devil’s Tower @ Empire | | -588 | | Nymex Settles (Exc Wkd) | | Platts HLS/WTI Differential -0.06 - 0.25 - SLI Deduct | | Nymex Cal 2/3: 1/3 Roll | | | — | | | — | |
Front Runner on Poseidon | | -5,618 | | NYMEX (Inc. Wkd & Hol) | | Platts POS/WTI Differential | | Platts WTI Delta | | $ | 0.1000 | | | 0.15 | % |
SMI142 on Eugene Island | | 500 | | SLA SOUR - STUSCO | | — | | — | | $ | (0.2189 | ) | | 0.20 | % |
Total | | -5,706 | | | | | | | | | | | | | |
BUY/SELLIMBALANCES
DECEMBER 31, 2006
| | | | | | |
Property | | Balance (bbls) | | Published Price | | Premium |
VK826, MP 280/281 | | -61,621 | | Nymex Settles (Exc Wkd) | | Nymex Cal 2/3:1/3 Roll |
SMI142 | | -1,350 | | Nymex Settles (Exc Wkd) | | Nymex Cal 2/3:1/3 Roll |
MP270 | | -1,597 | | Nymex Settles (Exc Wkd) | | Nymex Cal 2/3:1/3 Roll |
ST72 | | -1,955 | | Nymex Settles (Exc Wkd) | | Nymex Cal 2/3:1/3 Roll |
SS248 | | 920 | | Nymex Settles (Exc Wkd) | | Nymex Cal 2/3:1/3 Roll |
MC773 | | 77,820 | | Nymex Settles (Exc Wkd) | | Nymex Cal 2/3:1/3 Roll |
GC338 | | -61,905 | | Nymex (Inc Wkd & Hol) | | Platts WTI Delta |
Total | | -49,687 | | | | |
Schedule 4.11 - 4
NGL Inventories / Imbalances – Net as of December 31, 2006
| | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | Volumes in Gallons under/(over) lifted | | | | | | | |
Plant | | Company | | District | | Date | | Ethane | | | Propane | | | Isobutane | | | Normal Butane | | | Gasoline | | | Scrubber | | | Total | |
BARRACUDA GAS PLANT | | DEPI | | OFFSHORE | | 10/31/2006 | | (1 | ) | | — | | | (1 | ) | | 1 | | | (1 | ) | | | | | (2 | ) |
BLUEWATER PROCESSING PLANT | | DEPI | | OFFSHORE | | 10/31/2006 | | (130,212 | ) | | (40,787 | ) | | (3,930 | ) | | (5,345 | ) | | (50,181 | ) | | 294 | | | (230,161 | ) |
CAMERON MEADOWS PLANT | | DEPI | | OFFSHORE | | 10/31/2006 | | 21,394 | | | 10,828 | | | 5,041 | | | 3,290 | | | 7,529 | | | | | | 48,082 | |
ENTERPRISE PROCESSING PLANT | | DEPI | | OFFSHORE | | 10/31/2006 | | (122,373 | ) | | (68,898 | ) | | (17,803 | ) | | (21,957 | ) | | (17,256 | ) | | 13,815 | | | (234,472 | ) |
EUNICE PROCESSING PLANT | | DEPI | | OFFSHORE | | 10/31/2006 | | (29,499 | ) | | (32,790 | ) | | (8,395 | ) | | (10,369 | ) | | (19,676 | ) | | | | | (100,729 | ) |
GRAND CHENIER | | DEPI | | OFFSHORE | | 10/31/2006 | | — | | | — | | | — | | | — | | | — | | | | | | — | |
LAROSE GAS PLANT | | DEPI | | OFFSHORE | | 10/31/2006 | | (3 | ) | | 2 | | | 1 | | | (4 | ) | | (1 | ) | | | | | (5 | ) |
LOWRY GAS PLANT | | DEPI | | OFFSHORE | | 10/31/2006 | | 16,330 | | | 10,643 | | | 4,640 | | | 2,333 | | | 6,617 | | | | | | 40,563 | |
MOBILE BAY GAS PROCESSING PLANT | | DEPI | | OFFSHORE | | 10/31/2006 | | 101,986 | | | (29,449 | ) | | (7,022 | ) | | (13,933 | ) | | (23,489 | ) | | | | | 28,093 | |
NORTH TERREBONE/TEBONE PROCESSING PLANT | | DEPI | | OFFSHORE | | 10/31/2006 | | (142,757 | ) | | (347,665 | ) | | (73,731 | ) | | (94,280 | ) | | 591,143 | | | 1,087 | | | (66,203 | ) |
PASCAGOULA GAS PROCESSING PLANT | | DEPI | | OFFSHORE | | 10/31/2006 | | (1,834 | ) | | (1,306 | ) | | (402 | ) | | (618 | ) | | (1,088 | ) | | (181,085 | ) | | (186,333 | ) |
SABINE GAS PLANT | | DEPI | | OFFSHORE | | 10/31/2006 | | 5,070 | | | 3,850 | | | 1,141 | | | 1,196 | | | 1,965 | | | | | | 13,222 | |
ST 72 | | DEPI | | OFFSHORE | | 10/31/2006 | | | | | | | | | | | | | | | | | (1,705 | ) | | (1,705 | ) |
YSCLOSKEY PROCESSING PLANT | | DEPI | | OFFSHORE | | 10/31/2006 | | (15,443 | ) | | (9,042 | ) | | 2,149 | | | (9,952 | ) | | (13,295 | ) | | 254 | | | (45,329 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | (297,342 | ) | | (504,614 | ) | | (98,312 | ) | | (149,638 | ) | | 482,267 | | | (167,340 | ) | | (734,979 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | |
Schedule 4.11 - 5
ATTACHEDTOANDMADEPARTOFTHATCERTAIN OFFSHORE PACKAGE PURCHASE AGREEMENTBYANDBETWEEN
DOMINION EXPLORATION & PRODUCTION, INC.AND ENI PETROLEUM CO. INC.
SCHEDULE 4.12
CONSENTS AND PREFERENTIAL PURCHASE RIGHTS
Consents to Assign- Real Estate Contracts
Lease Agreement by and between DEPI and Poydras Properties, LLC, dated May 1, 2006 (Poydras Building, New Orleans, Louisiana)
Parking Agreement by and between DEPI and Poydras Properties, LLC, dated May 1, 2006 (Poydras Building, New Orleans, Louisiana)
Consents to Assign- Drilling Contracts
Offshore Daywork Drilling Contract between Anadarko Petroleum Corporation, DEPI, Kerr-McGee Oil and Gas Corporation and ENSCO Offshore Company, dated September 19, 2005
Consents to Assign- Confidentiality Agreements
Confidentiality Agreement by and between DEPI and Cairn Energy USA, Inc., dated August 1, 2006
Confidentiality Agreement by and between DEPI and Pioneer Natural Resources USA, Inc., dated June 20, 2005
Confidentiality Agreement by and between DEPI and Murphy Exploration & Production Company-USA, dated April 27, 2005
Consents to Assign- Software Licenses
All non-proprietary software licenses identified on Exhibit A-7.
Schedule 4.12 - 1
Consents to Assign- Master Service Contracts
| | |
Vendor Name | | MSC No |
SOLA COMMUNICATIONS INC | | 900001068 |
ABDON CALLAIS OFFSHORE | | 900000013 |
ALFA LAVAL INC | | 900004766 |
AMERICAN WARRIOR INC | | 900004242 |
C & G BOATS INC | | 900000173 |
CANDY FLEET CORP | | 900000184 |
CAVINS CORP | | 900000194 |
CENTRAL BOAT RENTALS INC | | 900000197 |
SHELL GLOBAL SOLUTIONS US INC | | 900003636 |
ROGERS OIL TOOL SERVICES INC | | 900003912 |
EDISON CHOUEST OFFSHORE LLC | | 900000362 |
GRAHAM GULF INC | | 900000480 |
GULF OFFSHORE LOGISTICS LLC | | 900004151 |
HARVEY GULF INTERNATIONAL MARINE | | 900000529 |
HERCULES LIFTBOAT CO LLC | | 900004347 |
HORNBECK OFFSHORE SERVICES LLC | | 900000551 |
INTERNATIONAL BOAT RENTALS INC | | 900000583 |
JAMBON BOAT RENTALS LLC | | 900004796 |
MCDONALD BOTTOM HOLE PRESSURE | | 900004520 |
OCEAN MARINE CONTRACTORS INC | | 900004202 |
ODYSSEA MARINE INC | | 900000721 |
OFFSHORE CLEANING SYSTEMS | | 900004673 |
OFFSHORE TOWING INC | | 900000845 |
ORKIN EXTERMINATING CO INC | | 900000861 |
PHOENIX INTERNATIONAL INC | | 900004431 |
RESOURCE TRANSPORTATION OF AMERICA | | 900004797 |
SOUTHERN TANK SPECIALIST INC | | 900004367 |
TECHNIP OFFSHORE INC | | 900003587 |
TIDEWATER MARINE LLC | | 900001165 |
TRI DRILL INC | | 900004528 |
TRICO MARINE OPERATORS INC | | 900001194 |
VERSABAR INC | | 900001242 |
WASTEWATER SPECIALTIES INC | | 900005127 |
WET TECH ENERGY INC | | 900005130 |
PROCESS PIPING MATERIALS INC | | 900005011 |
SURVIVAL SYSTEMS INTERNATIONAL | | 900001125 |
COMPLIANCE TECHNOLOGY GROUP | | 900005351 |
VEOLIA ES SPECIAL SERVICES, INC. | | 900005256 |
Schedule 4.12 - 2
Consents to Assign- Purchase Orders
| | | | | | |
PURCH.DOC. | | PLNT | | SUPPLIER’S NAME | | SHORT TEXT |
50024910 | | GOMX | | RCS LLC | | GOM-CLEANING SERVICES (OFFSHORE) |
50024756 | | GOMX | | MID FAB SERVICES LLC | | GOM-PLATFORM/ SKID/ETC (STORAGE) |
50004588 | | GOMX | | BAKER HUGHES BUSINESS SUPPORT | | GOM- COMPLETION FLUIDS |
50004588 | | GOMX | | BAKER HUGHES BUSINESS SUPPORT | | GOM- GRAVEL PACK PACKERS |
50004588 | | GOMX | | BAKER HUGHES BUSINESS SUPPORT | | GOM- TUBING CONVEYED PERFORATING |
50004588 | | GOMX | | BAKER HUGHES BUSINESS SUPPORT | | GOM- LOGGING (OPEN HOLE) |
50004588 | | GOMX | | BAKER HUGHES BUSINESS SUPPORT | | GOM- MWD / LWD SERVICE |
50004588 | | GOMX | | BAKER HUGHES BUSINESS SUPPORT | | GOM- STIMULATION SERVICE |
50004588 | | GOMX | | BAKER HUGHES BUSINESS SUPPORT | | GOM- DIRECTIONAL DRILLING / MOTORS |
50004588 | | GOMX | | BAKER HUGHES BUSINESS SUPPORT | | GOM- LOGGING (CASED HOLE) |
50004588 | | GOMX | | BAKER HUGHES BUSINESS SUPPORT | | GOM- PIPE RECOVERY |
50004588 | | GOMX | | BAKER HUGHES BUSINESS SUPPORT | | GOM- DRILLING FLUIDS |
50004588 | | GOMX | | BAKER HUGHES BUSINESS SUPPORT | | GOM- DRILL BITS |
50004588 | | GOMX | | BAKER HUGHES BUSINESS SUPPORT | | GOM- CASING CUTTING (DOWNHOLE) |
50004588 | | GOMX | | BAKER HUGHES BUSINESS SUPPORT | | GOM- FISHING TOOLS |
50004588 | | GOMX | | BAKER HUGHES BUSINESS SUPPORT | | GOM- THRU TUBING SERVICES |
50004588 | | GOMX | | BAKER HUGHES BUSINESS SUPPORT | | GOM- SONDEX CALIPERS |
50004588 | | GOMX | | BAKER HUGHES BUSINESS SUPPORT | | GOM- WASTE MANAGEMENT SERVICES |
50004588 | | GOMX | | BAKER HUGHES BUSINESS SUPPORT | | GOM- SUB SURFACE SAFETY VALVES |
50004588 | | GOMX | | BAKER HUGHES BUSINESS SUPPORT | | GOM- PACKERS (SQUEEZE/STORM) |
50004588 | | GOMX | | BAKER HUGHES BUSINESS SUPPORT | | GOM-WELL BORE CLEANING |
50004588 | | GOMX | | BAKER HUGHES BUSINESS SUPPORT | | GOM-MUD LOGGING SERVICE |
50026608 | | GOMX | | BAKER PETROLITE | | GOM-PRODUCTION/CORROSION TREATING |
50001080 | | GOMX | | NATIONAL TANK CO | | GOM-NATCO / INVALCO PRODUCTS |
50027891 | | GOMX | | W INDUSTRIES LP | | GOM-HIMA SAFETY SYSTEMS |
50007785 | | GOMX | | SOLA COMMUNICATIONS INC | | GOM-SPECTOR LUMENEX |
50009782 | | GOMX | | SOLA COMMUNICATIONS INC | | GOM-NAVIGATION AIDS |
50023999 | | GOMX | | SMITH SERVICES | | GOM-BHA/DRILL PIPE INSPECTION) |
50026592 | | GOMX | | SMITH SERVICES | | GOM-CASING CUTTING (DOWNHOLE) |
50026626 | | GOMX | | SMITH SERVICES | | GOM-TUBING TONG SERVICE |
50030475 | | GOMX | | SMITH SERVICES | | GOM-HOLE OPENERS / UNDERREAMERS |
50020074 | | GOMX | | GLOBAL DIVERS & CONTRACTORS INC | | GOM-DIVING SERVICES (CALL OUT) |
50029478 | | GOMX | | APPLIED COATING SERVICES | | BLASTING & PAINTING - MC 773 |
50003677 | | GOMX | | B & J MARTIN INC | | EXTEND PO & INCR. RATES |
50004589 | | GOMX | | B & J MARTIN INC | | EXTEND PO & INCR. RATES |
50024974 | | GOMX | | B & J MARTIN INC | | GOM-LIVING QUARTERS (RENTAL) |
50026513 | | GOMX | | BAKER HUGHES INTEQ INC | | GOM-GYRO /MAGNETIC MULTISHOT SERVICE |
50004675 | | GOMX | | BJ SERVICES CO | | GOM - COMPLETION FLUIDS |
50004675 | | GOMX | | BJ SERVICES CO | | GOM - STIMULATION SERVICE |
Schedule 4.12-3
| | | | | | |
PURCH.DOC. | | PLNT | | SUPPLIER’S NAME | | SHORT TEXT |
50004675 | | GOMX | | BJ SERVICES CO | | GOM - CEMENT / CEMENTING SERVICES |
50004675 | | GOMX | | BJ SERVICES CO | | GOM - CASING SCRAPERS |
50004675 | | GOMX | | BJ SERVICES CO | | GOM - PACKERS (SQUEEZE / STORM) |
50026587 | | GOMX | | BJ SERVICES CO | | GOM-COILED TUBING / NITROGEN |
50026519 | | GOMX | | BJ TUBULAR SERVICES | | GOM-DRIVE HAMMER SERVICE |
50030672 | | GOMX | | BLR CONSTRUCTION COMPANIES LLC | | GOM-LOCATION WORK (CALL-OUT) |
50031789 | | GOMX | | BLR CONSTRUCTION COMPANIES LLC | | SITE PREPARATION SERVICE |
50028367 | | GOMX | | CAJUN CUTTERS INC | | GOM-FABRICATION SERVICE |
50020072 | | GOMX | | CAL DIVE INTERNATIONAL INC | | GOM-CALL-OUT DIVING SERVICE |
50024371 | | GOMX | | CCS ENERGY SERVICES LLC | | GOM-OILFIELD WASTE DISPOSAL |
50024181 | | GOMX | | DEEPWATER CORROSION SERVICES INC | | GOM-CORROSION CONTROL MATERIAL |
50001657 | | GOMX | | DELIGANS VALVES INC | | GOM-COMPRESSOR VALVE REPAIRS... |
50016271 | | GOMX | | DESSELLE MAGGARD CORP | | GOM-MASONEILAN CONTROL VALVES |
50023668 | | GOMX | | DEVIN RENTAL TOOLS INC | | GOM-RENTAL (CT - LIFTFRAME) |
50019868 | | GOMX | | DIESEL TECH OF LOUISIANA LLC | | GOM-DIESEL ENGINE REPAIRS / PARTS |
50021468 | | GOMX | | DIVCON LLC | | GOM-CALL-OUT DIVING SERVICE |
50029267 | | GOMX | | DRILLING SERVICES OF AMERICA INC | | GOM-THRU-TUBING DRILLING EQUIPMENT, ETC |
50028973 | | GOMX | | EXPRESS ENERGY SERVICES P & A LLC | | P&A - WC 132 #1, WC 202 #1 |
50028973 | | GOMX | | EXPRESS ENERGY SERVICES P & A LLC | | P&A - WC 225 #6 |
50031306 | | GOMX | | EXPRO AMERICAS INC | | 7.375” 10K SUBSEA AUXILIARY STRING, ETC. |
50024752 | | GOMX | | GREENES ENERGY GROUP LLC | | GOM-SPECIALTY RENTAL EQUIPMENT |
50032180 | | GOMX | | HIMA AMERICAS INC | | GOM-AUTOMATED SAFETY SYATEMS, ETC. |
50030474 | | GOMX | | HOLE OPENER CORP | | GOM-HOLE OPENERS / UNDERREAMERS |
50024968 | | GOMX | | KMC OILTOOLS INC | | GOM-SOLIDS CONTROL/ZERO DISCHARGE |
50024756 | | GOMX | | MID FAB SERVICES LLC | | GOM-RELOCATE PRODUCTION SKID |
50009901 | | GOMX | | MIDSTREAM FUEL SERVICES LLC | | GOM-DOCK SERVICES |
50026269 | | GOMX | | MIDSTREAM FUEL SERVICES LLC | | DIESEL FUEL |
50026520 | | GOMX | | OFFSHORE ENERGY SERVICES INC | | GOM-DRIVE HAMMER SERVICE |
50028572 | | GOMX | | OFFSHORE ENERGY SERVICES INC | | GOM-CASING CREW SERVICE |
50024971 | | GOMX | | PANEL SPECIALISTS INC | | GOM-PANEL FABRICATION / REPAIRS |
50031404 | | GOMX | | PARAGON INDUSTRIES INC | | GOM-RENTAL (CARGO BOXES, MATERIAL BASKET |
50024720 | | GOMX | | PLANT PERFORMANCE SERVICES LLC | | GOM-PANEL FABRICATION / REPAIRS |
50027579 | | GOMX | | PLANT PERFORMANCE SERVICES LLC | | GOM-ELECTRICAL REPAIRS |
50004677 | | GOMX | | PRECISION ENERGY SERVICES INC | | GOM-PIPE RECOVERY |
50004677 | | GOMX | | PRECISION ENERGY SERVICES INC | | GOM-LOGGING (CASED HOLE) |
50004677 | | GOMX | | PRECISION ENERGY SERVICES INC | | GOM-MULTI-ARM CALIPER |
50029671 | | GOMX | | PRO VALVE SERVICES INC | | GOM-VALVE REPAIR SERVICE |
50031289 | | GOMX | | PROFESSIONAL FLUID SERVICES LLC | | GOM-SPECIALTY CHEMICALS / SERVICE |
50001000 | | GOMX | | PROJECT ASSOCIATES INC | | GOM-ENGINEERING / DRAFTING |
50002858 | | GOMX | | PSC INDUSTRIAL OUTSOURCING INC | | GOM-SPILL RESPONSE SERVICE |
Schedule 4.12 -4
| | | | | | |
PURCH.DOC. | | PLNT | | SUPPLIER’S NAME | | SHORT TEXT |
50024758 | | GOMX | | PSC INDUSTRIAL OUTSOURCING INC | | GOM-CLEANING SERVICES (DOCKSIDE) |
50030680 | | GOMX | | REAMCO INC | | GOM-STABILIZERS / DRILL COLLARS |
50031373 | | GOMX | | REAMCO INC | | GOM-JARS (DRILLING / FISHING) |
50026709 | | GOMX | | RIGDON MARINE CORP | | GOM -210’ SUPPLY BOAT |
50026522 | | GOMX | | RUSTY CLARK SURVEY CO INC | | GOM-GYRO /MAGNETIC MULTISHOT SERVICE |
50006688 | | GOMX | | STRIC LAN COMPANIES CORP | | GOM-WELL TESTING SERVICE |
50024197 | | GOMX | | TRI DRILL INC | | GOM-BHA/DRILL PIPE INSPECTION) |
50026621 | | GOMX | | UNIVERSAL COMPRESSION INC | | GOM-CATERPILLAR (PARTS / REPAIRS) |
50031310 | | GOMX | | UNIVERSAL COMPRESSION INC | | GOM-GAS COMPRESSOR (REPAIRS / PARTS) |
50025371 | | GOMX | | VAM PTS CO | | GOM-TUBING. -THREADING/RUNNING/TOOLS |
50026525 | | GOMX | | VERSABAR INC | | GOM-RIGGING EQUIPMENT |
50031674 | | GOMX | | WASTEWATER SPECIALTIES INC | | GOM-CLEANING SERVICES |
50031293 | | GOMX | | WET TECH ENERGY INC | | GOM-ANCHOR HANDLING SERVICES |
50031699 | | GOMX | | WOOD GROUP PRODUCTION SERVICES INC | | GOM-GAS COMPRESSOR (REPAIRS / PARTS) |
50002994 | | ICIT | | BAKER HUGHES BUSINESS SUPPORT | | COMPLETION SERVICES & EQUIPMENT |
50008972 | | ICIT | | OFFSHORE SERVICE VESSELS LLC | | SUPPLY BOATS |
50000277 | | ICIT | | AMERICAN BUREAU OF SHIPPING | | CERTIFY MMS & CVA |
50003677 | | ICIT | | B & J MARTIN INC | | INCREASE DAYRATE |
50026672 | | ICIT | | HAMILTON ENGINEERING INC | | 2006 EXTENSION |
50015668 | | ICIT | | K & K ENTERPRISES INC | | WATER TREATMENT SERVICES |
50017869 | | ICIT | | KNIGHT OIL TOOLS INC | | RENTAL TOOLS |
50023978 | | ICIT | | MCDONALD BOTTOM HOLE PRESSURE | | GOM-ELECTRONIC PRESSURE SURVEYS |
50019770 | | ICIT | | OILFIELD PRODUCTION CONTRACTORS INC | | GOM-OFFSHORE PRODUCTION LABOR |
50022567 | | ICIT | | SOLA COMMUNICATIONS INC | | GOM-COMMUNICATION SERVICES |
50000277 | | NOGO | | AMERICAN BUREAU OF SHIPPING | | GOM -EXTEND ORDER |
50007567 | | NOGO | | DEEPTREND INC | | SAN JACINTO |
50007567 | | NOGO | | DEEPTREND INC | | 2006 EXTENSION |
50033480 | | GOMX | | ALLIS CHALMERS RENTAL TOOLS INC | | GOM-Rental Tools (Wireline) |
50032403 | | GOMX | | B & J MARTIN INC | | GOM-Site Verification Services |
50032090 | | GOMX | | BLR CONSTRUCTION COMPANIES LLC | | GOM-Trailer, etc. rentals... |
50032679 | | GOMX | | HERCULES LIFTBOAT CO LLC | | LIFTBOAT - MORAY |
50033687 | | GOMX | | HERCULES LIFTBOAT CO LLC | | LIFTBOAT - CARP |
50032686 | | GOMX | | HORNBECK OFFSHORE SERVICES INC | | HOS SUPER H |
50033383 | | GOMX | | OCEAN MARINE CONTRACTORS INC | | Seven (7) Walk Thru Loadspreaders |
50032391 | | GOMX | | OILFIELD PROFESSIONAL CONTRACTORS | | GOM-Offshore Labor (Mechanic,etc.) |
50033384 | | GOMX | | PRO VALVE SERVICES INC | | GOM-X-Mas Tree & Valve Repairs |
50032411 | | GOMX | | SEACOR MARINE INC | | M/V CHARLES F MCCALL |
50032575 | | GOMX | | SEACOR MARINE INC | | M/V CHARLES F MCCALL |
50032676 | | GOMX | | SEACOR MARINE INC | | SEABULK CARMEN |
Schedule 4.12-5
| | | | | | |
PURCH.DOC. | | PLNT | | SUPPLIER’S NAME | | SHORT TEXT |
50032869 | | GOMX | | SEACOR MARINE INC | | SEABULK NEBRASKA |
50018775 | | GOMX | | SUPERIOR PERFORMANCE INC | | GOM-Third Party Inspection |
50000573 | | GOMX | | SURVIVAL SYSTEMS INTERNATIONAL | | GOM-Survival Capsule (Repairs/Parts) |
50032093 | | ICIT | | TECHNIP OFFSHORE INC | | PEGASUS FLEXIBLE RISER |
50032399 | | GOMX | | TESCO CORP | | GOM-Drilling with Casing Program |
50033371 | | GOMX | | TRICO MARINE OPERATORS INC | | BIG HORN RIVER |
50032407 | | GOMX | | YOUNGCO INC | | GOM-Drilling Rig Inspections |
Schedule 4.12 -6
Consents to Assign- Seismic Licenses
| | | | | | | | |
BB Contract No. | | Agreement Name | | Dominion Party (or predecessor in interest) | | Counterparty | | Date of Agreement |
N/A | | Non-Exclusive Data License Agreement | | Mark Producing, Inc. | | Digicon Geophysical Corp. | | 5/4/1984 |
| | | | |
N/A | | General Non-Exclusive License Agreement | | CNG Producing Company | | Geco Geophysical Company, Inc. | | 11/7/1985 |
| | | | |
N/A | | Data License Agreement | | CNG Producing Company | | GeoMap Company | | 10/7/1992 |
| | | | |
N/A | | Time Imaging Geophysical Data Master License Agreement | | CNG Producing Company | | Diamond Geophysical Service Corporation | | 8/26/1996 |
| | | | |
N/A | | Licensing of Non-Exclusive Seismic Data and Geological/Geophysical Reports | | CNG Producing Company | | Geco-Prakla, a division of Schlumberger Technology Corporation | | 1/23/1997 |
| | | | |
N/A | | Master License Agreement for Geophysical Data | | CNG Producing Company | | TGS - Calibre Geophysical Company, a Delaware corporation | | 10/31/1997 |
| | | | |
N/A | | Non-Exclusive Seismic Data Use License | | CNG Producing Company | | Gulfstar Energy | | 5/19/1998 |
| | | | |
N/A | | Master License Agreement | | CNG Producing Company | | Fairfield Industries Incorp., a Delaware corporation | | 9/3/1998 |
| | | | |
N/A | | Data License Agreement | | CNG Producing Company | | Energy Information, Inc. | | 5/19/1999 |
| | | | |
N/A | | Data License Agreement | | CNG Producing Company | | Energy Information Partners, Inc. | | 5/19/1999 |
| | | | |
N/A | | TGS-NOPEC Phase 45 Gravity Data License | | CNG Producing Company | | FUGRO-LCT, Inc. | | 8/4/1999 |
| | | | |
N/A | | General License Agreement | | CNG Producing Company | | Geoterrex-Dighem, a division of CGG Canada Ltd. | | 10/27/1999 |
| | | | |
N/A | | Transfer of Licensing Rights to Seismic Material, incorporating the terms of a Master Lease Agreement for Geophysical Data dated 10-31-97 between TGS and CNG | | CNG Producing Company | | TGS-NOPEC Geophysical Company | | 3/15/2000 |
| | | | |
N/A | | Data License Agreement | | DEPI | | Stone Energy Corporation | | 3/23/2000 |
| | | | |
N/A | | Master Geophysical Data-Use License Agreement | | DEPI | | JEBCO Seismic, L.P. | | 4/27/2000 |
| | | | |
N/A | | 2D & 3D Onshore/Offshore Master Seismic Data Participation and Licensing Agreement(Pertains to both offshore and onshore data) | | DEPI | | Seitel Data, Ltd. | | 8/3/2000 |
| | | | |
N/A | | Data Use License | | DEPI | | Western Geophysical Company | | 9/11/2000 |
| | | | |
N/A | | Master License Agreement | | DEPI | | Geophysical Pursuit, Inc. | | 9/13/2000 |
| | | | |
N/A | | General Non-Exclusive License Agreement for the use of Proprietary Marine 3D Geophysical Data | | DEPI | | CGG Americas Inc. | | 5/22/2001 |
Schedule 4.12 - 7
| | | | | | | | |
BB Contract No. | | Agreement Name | | Dominion Party (or predecessor in interest) | | Counterparty | | Date of Agreement |
N/A | | Software Maintenance Agreement | | DEPI | | Earth Resource Mapping, Inc. | | 6/14/2001 |
| | | | |
N/A | | Master Agreement for Geophysical Services, whereby Dominion is paying Veritas to conduct geophysical surveys | | DEPI (as purchaser, but not a licensee of data) | | Veritas DGC Land, Inc. | | 6/27/2001 |
| | | | |
N/A | | Standard Data License Agreement for Seismic Data(Pertains to both offshore and onshore data) | | DEPI | | PAC Geophysical, Inc.; CONOCO INC. | | 8/10/2001 |
| | | | |
N/A | | Master License Agreement for Multiclient Seismic Data | | DEPI | | WesternGeco LLC | | 12/30/2002 |
| | | | |
N/A | | 3D Seismic Data License Agreement(Pertains to both offshore and onshore data) | | DEPI | | SEI 3D, LLC | | 1/8/2004 |
| | | | |
N/A | | Agreement for Marine Seismic Data Acquisition & Processing | | DEPI | | WesternGeco LLC | | 5/5/2004 |
| | | | |
N/A | | Global Master Geophysical Data-Use License | | DEPI | | Fugro Multi Client Services, Inc. | | 9/23/2004 |
| | | | |
N/A | | Master Geophysical Data-Use License | | DEPI | | Seismic Exchange, Inc. | | 10/1/2004 |
| | | | |
N/A | | GOMOS-USA License Agreement and Exhibit for Report on Gulf of Mexico MetOcean Statistics | | DEPI | | Oceanweather, Inc. | | 7/28/2006 |
| | | | |
N/A | | Letter Agreement re: Special License Agreement governed by the Master Geophysical Data-Use License between the parties(Pertains to both offshore and onshore data) | | DEPI | | Seismic Exchange, Inc. | | 10/4/2006 |
| | | | |
S-03-03 | | Non-Exclusive License Agreement | | CNG Producing Company | | Seismic Resources, Inc. | | 2/14/1994 |
| | | | |
S-01-16 | | Master Geophysical Data-use License | | DEPI | | Digicon Geophysical Corp. | | 1/28/2001 |
| | | | |
S-00-01 | | Master Geophysical Data-use License | | DEPI | | Digicon Geophysical Corp. | | 10/31/2000 |
| | | | |
N/A | | Gulf of Mexico Green Canyon Multi-Client Proposal | | DEPI | | CGC Veritas | | 2/27/2007 |
| | | | |
N/A | | Letter Agreement re: Atwater Valley 3 | | DEPI | | WesternGeco | | 1/23/2007 |
Schedule 4.12 - 8
Consents to Assign- Marketing Contracts
| | | | |
Contract No. | | Contract Name | | Category |
| | |
307FC | | Amended and Restated Straddle & Processing Agreement by and between DEPI and Tennessee Gas Pipeline Company, dated April 1, 2003 | | Offshore |
| | |
309FC | | Connection Agreement by and between DEPI and ANR Pipeline Company, dated July 17, 2002 | | Offshore |
| | |
318FC | | Platform Use and Construction Agreement by and between CNG Producing Company and Coastal Oil & Gas USA, LP, dated June 1, 1996 | | Offshore |
| | |
319FC | | Platform Use and Construction Agreement by and between CNG Producing Company, Coastal Oil & Gas USA, LP and Chieftain International (U.S.) Inc. and Main Pass Oil Gathering Company, dated September 1, 1996 | | Offshore |
| | |
335FC | | Lateral Line Interconnect, Reimbursement, Platform Use and Operating Agreement by and between CNG Producing Company, Williams Field Services- Gulf Coast Company, LP, BHP Petroleum (Americas), Inc., The Houston Exploration Company, Ridgewood Energy Corporation and Cairn Energy USA, Inc., dated October 20, 1999 | | Offshore |
| | |
339FC | | Facilities Agreement by and between DEPI and ANR Pipeline Company, dated July 16, 2003 | | Offshore |
| | |
349FC | | Facilities Interconnect Agreement by and between DEPI and Enbridge Offshore Pipelines (UTOS) LLC, dated June 1, 2004 | | Offshore |
| | |
357FC | | Spar Use and Access Agreement by and between DEPI, Williams Field Services- Gulf Coast Company, LP and Pioneer Natural Resources USA, Inc., dated August 15, 2001 | | Offshore |
| | |
358FC | | Spar Operating Agreement by and between DEPI and Williams Field Services- Gulf Coast Company, LP, dated August 15, 2001 | | Offshore |
| | |
359FC | | Construction and Contribution Agreement by and between DEPI and Houston Pipe Line Company, dated March 18, 2002 (Front Runner) | | Offshore |
| | |
360FC | | Assignment Coordination and Oversight Agreement by and between DEPI, Discovery Producer Services LLC, Discovery Gas Transmission, Murphy Exploration & Production Company- USA et. al., dated May 26, 2004 (Front Runner) | | Offshore |
| | |
360FC | | Spar Use and Access Agreement by and between DEPI, Discovery Producer Services LLC, Discovery Gas Transmission, Murphy Exploration & Production Company- USA et. al., dated May 26, 2004 (Front Runner) | | Offshore |
| | |
389FC | | Independence Hub Agreement by and between DEPI, Independence Hub, LLC and Anadarko Petroleum Corporation et al., dated November 9, 2004 | | Offshore |
| | |
409FC | | Operation and Maintenance Agreement by and between DEPI and Poseidon Oil Pipeline Company, LLC, dated June 1, 2004 | | Offshore |
Schedule 4.12 - 9
| | | | |
Contract No. | | Contract Name | | Category |
| | |
2008G | | Gas Purchase Agreement by and between DEPI and Houston Pipe Line Company, dated March 18, 2002 (if transferee has a credit rating of BB+ or lower by S&P and Ba1 or lower by Moody’s) | | Offshore |
| | |
3108G | | Natural Gas Sales and Purchase Agreement by and between DEPI and Williams Energy Marketing & Trading Company, as agent for Transco Energy Marketing Company, dated August 15, 2001 | | Offshore |
| | |
3111G | | NGL Sale- Paradis Fractionation Plant by and between DEPI and Texaco Natural Gas Liquids, dated August 31, 2005 | | Offshore |
| | |
3270G | | NGL Sales Agreement (Isobutane/Ethane) by and between DEPI and SemStream, LP, dated December 20, 2005 | | Offshore |
| | |
3294G | | NGL Sales Agreement (Ethane) by and between DEPI and SemStream, LP, dated April 28, 2006 | | Offshore |
| | |
3295G | | NGL Sales Agreement (Propane) by and between DEPI and SemStream, LP, dated April 28, 2006 | | Offshore |
| | |
3296G | | NGL Sales Agreement (Isobutane) by and between DEPI and SemStream, LP, dated April 28, 2006 | | Offshore |
| | |
3297G | | NGL Sales Agreement (Normal Butane) by and between DEPI and SemStream, LP, dated December 20, 2005 | | Offshore |
| | |
3298G | | NGL Sales Agreement (Natural Gasoline) by and between DEPI and SemStream, LP, dated April 28, 2006 | | Offshore |
| | |
315GG | | Gas Gathering, Separation and Dehydration Agreement by and between CNG Producing Company and Williams Field Services- Gulf Coast Company, LP, dated December 11, 1999 | | Offshore |
| | |
318GG | | Lateral Gathering Agreement by and between CNG Producing Company and Shell, dated August 1, 1995 | | Offshore |
| | |
322GG | | Gas Gathering Agreement by and between DEPI and VK Deepwater Gathering Company, LLC, dated December 1, 2002 | | Offshore |
| | |
323GG | | Gas Dedication and Gathering Agreement by and between DEPI, Murphy Exploration & Production Company- USA, Spinnaker Exploration Company and Discovery Producer Services, LLC, dated May 26, 2004 | | Offshore |
| | |
343GG | | Gas Gathering Agreement by and between DEPI and Targa Midstream Services, LP, dated February 1, 2005 | | Offshore |
| | |
345GG | | Gathering, Separation and Measurement Services Agreement by and between DEPI and Williams MobileBay Producer Services, LLC, dated April 11, 2005 | | Offshore |
| | |
351GG | | Gas Gathering Agreement by and between DEPI and Gulfterra Field Services LLC, Anadarko Petroleum Corporation, Kerr-McGee Oil & Gas Corporation, Devon Louisiana Corporation, Spinnaker Exploration Company, BHP Billiton Petroleum (Deepwater) Inc., dated November 9, 2004 | | Offshore |
| | |
356GG | | Gather Gathering System Gathering Agreement by and between DEPI and Targa Midstream Services, LP, dated November 11, 2005 | | Offshore |
| | |
302PR | | Gas Processing Agreement by and between ExxonMobil Gas Marketing Company and Houston Pipe Line Company LP, dated October 1, 2001 | | Offshore |
| | |
304PR | | Natural Gas Processing Agreement by and between CNG Producing Company and Targa Midstream Services, LP, dated January 1, 1999 | | Offshore |
| | |
306PR | | Gas Processing Agreement by and between DEPI and El Paso Field Operations Company, dated August 1, 2002 | | Offshore |
Schedule 4.12 - 10
| | | | |
Contract No. | | Contract Name | | Category |
| | |
323PR | | Restated Hydrocarbon Fractionation Agreement by and between CNG Producing Company, Enterprise Gas Processing LLC/ YsCloskey Plant Owners; Warren Petroleum Co.; Western Gas Resources, Inc; Amoco Production Company; Arco oil and Gas Co.; Aviva America Inc; CXY Energy, Inc.; Conoco Inc.; Crystal Oil Co.; Energy Development Corp.; Exxon Co. USA; Fina Oil and Chemical Co.; Flores and Rucks, Inc.; Hunt Petroleum Co.; LLOG Exploration Co; The Louisiana Land and Exploration Co.; Mississippi Marketing; Mobil Exploration and Producing Southeast, Inc; Newfield Exploration Co; Oryx Energy Co; Panaco Inc; Placid Oil Inc; Shell Western E and P Inc; South Oak Production Co; Taylor Energy Co; Texaco Exploration and Production, Inc; Trident NGL, INC.; Unocal Exploration; Vantage Point Energy; Vintage Gas Inc, dated August 1, 2003 | | Offshore |
| | |
337PR | | Production Handling Agreement by and between DEPI, Coastal Oil & Gas USA, L.P.. and Chieftain International (US) Inc., dated December 20, 2000 | | Offshore |
| | |
348PR | | NGL Distribution Agreement by and between CNG Producing Company, K/D/X Promix LLC and Mobil Bay Processing Partners, dated September 17, 1999 | | Offshore |
| | |
348PR | | NGL Exchange Agreement by and between CNG Producing Company, K/D/X Promix LLC and Mobil Bay Processing Partners, dated September 17, 1999 | | Offshore |
| | |
349PR | | Storage & Terminal Loading Agreement by and between CNG Producing Company and PanEnergy Mobile Bay Processing LLC, dated March 12, 1999 | | Offshore |
| | |
353PR | | Production Handling Agreement by and between CNG Producing Company and ExxonMobil Production Company et al., dated November 19, 1998 | | Offshore |
| | |
359PR | | Production Scheduling Agreement by and between DEPI and ANR Pipeline Company, dated July 24, 2002 | | Offshore |
| | |
367PR | | Production Handling Agreement by and between DEPI, Spinnaker Exploration Company LLC and BP America Production Company, dated June 6, 2003 | | Offshore |
| | |
374PR | | Production Handling Agreement by and between DEPI, Spinnaker Exploration Company LLC and Hydro Gulf of Mexico, LLC, dated October 1, 2003 | | Offshore |
| | |
382PR | | Production Handling Agreement by and between DEPI and Williams Field Services - Gulf Coast Company, LP, dated August 15, 2001 | | Offshore |
| | |
| | Assignment, Coordination and Oversight Agreement by and between Williams Field Services - Gulf Coast Company, LP, dated August 15, 2001 | | Offshore |
| | |
383PR | | Mobile Bay Processing Agreement by and between DEPI and Williams Mobile Bay Producer Services, LLC, dated August 15, 2001 | | Offshore |
| | |
384PR | | Agreement regarding Processing Rights by and between CNG Producing Company and Trunkline Gas Company, dated January 1, 1994 | | Offshore |
| | |
385PR | | Gas Processing and Fractionation Agreement by and between DEPI and Discovery Producer Services, LLC, dated May 26, 2004 | | Offshore |
| | |
394PR | | Production Handling Agreement by and between DEPI and LLOG Exploration Offshore, Inc. , dated January 30, 2006 | | Offshore |
Schedule 4.12 - 11
| | | | |
Contract No. | | Contract Name | | Category |
| | |
410PR | | Production Handling Agreement by and between DEPI and Newfield Exploration Company, dated October 1, 2004 | | Offshore |
| | |
411PR | | Production Handling Agreement by and between DEPI and Dauphin Island Gathering System LLC, dated December 14, 2004 | | Offshore |
| | |
414PR | | Gas Processing and Products Purchase Agreement by and between DEPI and Targa Midstream Services, LP, dated February 1, 2005 | | Offshore |
| | |
417PR | | Gas Processing and Conditioning Agreement- Mobile Bay by and between DEPI and Mobile Bay Processing Partners, dated April 1, 2005 | | Offshore |
| | |
420PR | | Independence Hub Agreement by and between Independence Hub, LLC, Anadarko Petroleum Corporation, BHP Billiton Petroleum (Deepwater) Inc., Spinnaker Exploration Company, Kerr-McGee Oil and Gas Corporation, Devon Louisiana Corporation, Hydro Gulf of Mexico, and DEPI, dated November 9, 2004 | | Offshore |
| | |
423PR | | Liquids Handling Agreement by and between DEPI and Tennessee Gas Pipeline Company, dated November 9, 2004 | | Offshore |
| | |
427PR | | Processing Agreement- Lowry Gas Plant by and between DEPI and Dynegy Midstream Services, LP, dated November 1, 2005 | | Offshore |
| | |
428PR | | Processing Agreement- Patterson II Gas Plant by and between DEPI and CDM Max, LLC, dated January 1, 2006 | | Offshore |
| | |
443PR | | Gas Processing Agreement- Barracuda Gas Plant by and between DEPI and Targa Midstream Services, LP, dated September 1, 2006 | | Offshore |
| | |
306SP | | Confidentiality Agreement by and between Cleopatra Gas Gathering Company, LLC., Mardi Gras Transportation System Inc., BHP Billiton Petroleum (Deepwater) Inc., Union Oil Company of California (Members), Murphy Exploration & Production Company, and Spinnaker Exploration Company, LLC, dated June 11, 2002 | | Offshore |
| | |
347SP | | Confidentiality Agreement by and between DEPI, Murphy Exploration & Production Company, Spinnaker Exploration Company, and Caesar Oil Pipeline Company, dated July 11, 2002 | | Offshore |
| | |
323SV | | Terminalling Agreement- Bayou Black by and between DEPI and WFS-Liquids Company, dated August 1, 2003 | | Offshore |
| | |
302T | | Gas Energy Management System Service Agreement by and between CNG Producing Company and High Island Offshore System, LLC, dated May 1, 1999 | | Offshore |
| | |
302T | | Interruptible Transportation Agreement by and between CNG Producing Company and High Island Offshore System, LLC, dated May 1, 1999 | | Offshore |
| | |
304T | | Amended and Restated Condensate Services Agreement by and between DEPI and Houston Pipe Line Company, dated March 21, 2002 (if transferee has a credit rating of BB+ or lower by S&P and Ba1 or lower by Moody’s) | | Offshore |
| | |
306T | | Reserve Dedication Agreement by and between DEPI and Discovery Gas Transmission LLC, dated May 26, 2004 | | Offshore |
Schedule 4.12 - 12
| | | | |
Contract No. | | Contract Name | | Category |
| | |
310T | | Gas Transportation Agreement- FTS 2 by and between CNG Producing Company and Destin Pipeline Company LLC, dated February 2, 1998 | | Offshore |
| | |
314T | | Service Agreement under Rate Schedule IT by and between CNG Producing Company and Destin Pipeline Company LLC, dated February 2, 1998 | | Offshore |
| | |
328T | | TABS Service Agreement by and between CNG Producing Company and Texas Eastern Transmission Corp., dated May 20, 1993 | | Offshore |
| | |
337T | | Transportation Agreement by and between CNG Producing Company and U-T Offshore System, dated July 1, 1990 | | Offshore |
| | |
338T | | Agreement to Discount Zone 2 Interruptible Transportation Rates by and between CNG Producing Company and Williams Field Services Company as agent for Transcontinental Pipeline Corp., dated November 1, 1999 | | Offshore |
| | |
338T-2 | | Popeye Rate and Throughput Agreement by and among CNG Producing Company, Transcontinental Gas Pipeline Corporation and WFS Production Services Company, dated December 1, 1995 | | Offshore |
| | |
338T | | Popeye Rate Discount and Throughput Agreement by and between CNG Producing Company , WFS Production Services Company and Transcontinental Pipeline Corp., dated December 1, 1995 | | Offshore |
| | |
340T | | Gas Transportation Agreement by and between CNG Producing Company and Texas Gas Transmission Corporation, dated June 23, 1998 | | Offshore |
| | |
341T | | Gas Transportation Agreement by and between CNG Producing Company and Stingray Pipeline Company, dated January 1, 2000 | | Offshore |
| | |
342T | | Facilities Reimbursement Agreement by and between DEPI, Anadarko Petroleum Corporation, Kerr-McGee Oil and Gas Corp., Devon Louisiana Corp., Spinnaker Exploration Company and Tennessee Gas Pipeline Company, dated November 9, 2004 | | Offshore |
| | |
353T | | Supply Aggregation Service Agreement by and between DEPI and Tennessee Gas Pipeline Company, dated June 1, 1998 | | Offshore |
| | |
359T | | FT-2 Service Agreement by and between DEPI and Destin Pipeline Company, LLC, dated November 18, 2004 | | Offshore |
| | |
405T | | Precedent Agreement by and between DEPI and Tennessee Gas Pipeline Company, dated November 9, 2004 | | Offshore |
| | |
447T | | Liquefiables Transportation Agreement by and between DEPI and Southern Natural Gas Company, dated January 4, 2002 | | Offshore |
| | |
454T | | Liquid Hydrocarbon Transportation Agreement by and between DEPI and Destin Pipeline Company, LLC, dated February 1, 2006 | | Offshore |
| | |
462T | | Transportation, Separation and Handling of Liquids/Condensate Agreement by and between DEPI and Columbia Gas Transmission Company, dated April 1, 2001 | | Offshore |
| | |
463T | | Injected & Retrograde Condensate Transportation and BTU Make-up Agreement by and between DEPI and Transcontinental Gas Pipe Line Corporation, dated November 5, 2003 | | Offshore |
Schedule 4.12 - 13
| | | | |
Contract No. | | Contract Name | | Category |
| | |
464T | | Agreement for Measurement & Allocation of Condensate for the Southeast Louisiana Gathering System by and between DEPI and Transcontinental Gas Pipe Line Corporation, dated June 11, 2003 | | Offshore |
| | |
465T | | Liquefiable Hydrocarbon Transportation Agreement by and between DEPI and Transcontinental Gas Pipe Line Corporation, dated June 11, 2003 | | Offshore |
| | |
493T | | Capacity Release Service Agreement by and between DEPI and Destin Pipeline Company, LLC, dated October 10, 2006 | | Offshore |
| | |
499T | | Condensate Separation, Handling, Stabilization and Redelivery Agreement by and between DEPI and Discovery Producer Services LLC, dated May 26, 2004 | | Offshore |
| | |
322FC | | Gas Gathering Agreement by and between CNG Main Pass Gathering Corporation, Dauphin Island Gathering Partners, MCNIC Mobile Bay Gathering Company et al, dated August 20, 1998 | | Offshore |
| | |
301GG | | Gas Gathering Agreement by and between CNG Producing Company and Dauphin Island Gathering Partners, dated June 1, 1996 | | Offshore |
| | |
301GG | | Commitment Agreement by and between CNG Producing Company and Dauphin Island Gathering Partners, dated June 1, 1996 | | Offshore |
| | |
304GG | | Gas Gathering Agreement by and between CNG Producing Company and Dauphin Island Gathering Partners, dated December 1, 1996 | | Offshore |
| | |
304GG | | Commitment Agreement by and between CNG Producing Company and Dauphin Island Gathering Partners, dated December 1, 1996 | | Offshore |
| | |
326GG | | Gas Gathering Agreement by and between Bechtel Energy Resources Corp. and Tenneco Gas Co., dated October 15, 1993 | | Offshore |
| | |
327GG | | Gas Gathering Agreement by and between Chevron USA Inc. and Tenneco Gas Inc., dated October 15, 1993 | | Offshore |
| | |
328GG | | Gas Gathering Agreement by and between Union Oil Company of California and Tenneco Gas Inc., dated October 15, 1993 | | Offshore |
| | |
346GG | | Interruptible Gas Gathering Agreement by and between DEPI and Dauphin Island Gathering Partners, dated April 1, 2005 | | Offshore |
| | |
319C | | Domestic Crude Oil Purchase Agreement by and between CNG Producing Company and Murphy Crude Oil Marketing, Inc., dated May 28, 1978 | | Offshore |
| | |
303C | | Crude Oil Exchange Agreement by and between DEPI and Williams Energy Marketing & Trading Company, dated August 15, 2001 | | Offshore |
| | |
304C | | DEPI Contract No. SHL-116-04 B/S by and between DEPI and Shell Trading (US) Company, dated January 20, 2004 | | Offshore |
| | |
305C | | DEPI Contract No. MAR-206-04S by and between DEPI and Marathon Petroleum Company, LLC, dated August 20, 2004 | | Offshore |
| | |
311C | | Purchase Agreement between DEPI and Shell Trading (US) Company, dated December 15, 2004 | | Offshore |
| | |
315C | | STUSCO Contract No. CPE057069-11 by and between DEPI and Shell Trading (US) Company, dated December 8, 1999 | | Offshore |
Schedule 4.12 - 14
| | | | |
Contract No. | | Contract Name | | Category |
| | |
317C | | STUSCO Contract No. CBE084507-01 by and between DEPI and Shell Trading (US) Company, dated November 14, 2003 | | Offshore |
| | |
320C | | STUSCO Contract No. CPE93823-01 by and between DEPI and Shell Trading (US) Company, dated December 13, 2004 | | Offshore |
| | |
321C | | STUSCO Contract No. CBE033304.01 by and between DEPI and Shell Trading (US) Company, dated January 1, 1997 | | Offshore |
| | |
322C | | STUSCO Contract No. CPE071483-02 by and between DEPI and Shell Trading (US) Company, dated March 21, 2002 | | Offshore |
| | |
327C | | Contract No. 0882-1029 by and between CNG Producing Company and Plains Marketing, L.P., dated June 21, 2000 | | Offshore |
| | |
328C | | Crude Oil Purchase Contract (Conoco Contract No. CAN-05705-O/P) by and between CNG Producing Company and ConocoPhillips, dated January 1, 1985 | | Offshore |
| | |
315CG | | Oil Gathering Agreement by and between Coastal Oil & Gas USA, L.P. and Main Pass Oil Gathering Company, dated May 7, 1999 | | Offshore |
| | |
368C | | Letter Agreement to sell Crude Oil and Condensate by and between DEPI and Shell Trading (US) Company, dated June 1, 2006 | | Offshore |
| | |
362C | | Oil Purchase and Sale Contract by and between DEPI and Murphy Crude Oil Marketing, Inc., dated December 1, 2003 | | Offshore |
| | |
361C | | Crude Oil Purchase and Sale Contract by and between CNG Producing Company and Marathon Petroleum Company, dated October 31, 1989 | | Offshore |
| | |
358C | | Oil Purchase and Sale Agreement by and between Murphy E&P Co. USA, Spinnaker Exploration Company, LLC, DEPI and Poseidon Oil Pipeline Company, LLC, dated July 23, 2003 | | Offshore |
| | |
356C | | Crude Buy/Sell Agreement by and between DEPI and Shell Trading (US) Company, dated December 12, 2003 | | Offshore |
| | |
352C | | Oil Purchase and Sale Agreement by and between DEPI and Shell Trading (US) Company, dated January 8, 2004 | | Offshore |
| | |
353C | | Crude Oil Purchase Contract by and between DEPI and Plains Marketing, L.P., dated April 2, 2003 | | Offshore |
| | |
354C | | Oil Purchase and Sale Agreement by and between DEPI and ShellTrading (US) Company dated March 15, 2005 | | Offshore |
| | |
307N | | Netting Agreement by and between DEPI and Plains Marketing, L.P., dated May 30, 2003 | | Crude Oil Sales |
| | |
306N | | Crude Oil and Condensate Payment Netting Agreement by and between DEPI and Marathon Ashland Petroleum LLC, dated July 1, 2000 | | Crude Oil Sales |
| | |
303N | | Net Settling Agreement by and between DEPI and Chevron Texaco Products Company, dated September 24, 2004 | | Crude Oil Sales |
| | |
302N | | Master Net Settlement Agreement by and between DEPI and BP Oil Supply Company, dated March 1, 2003 | | Crude Oil Sales |
Schedule 4.12 - 15
| | | | |
Contract No. | | Contract Name | | Category |
| | |
483S | | NAESB by and between DEPI and Alabama Electric Cooperative, Inc., dated November 1, 2004 | | GISBs/NAESBs |
| | |
444S | | NAESB by and between DEPI and Anadarko Energy Services Company, dated July 1, 2006 | | GISBs/NAESBs |
| | |
301S | | GISB by and between DEPI and Anadarko Energy Services Company, dated June 24, 1998 | | GISBs/NAESBs |
| | |
312S | | GISB by and between DEPI and Baltimore Gas & Electric Company, dated November 1, 1998 | | GISBs/NAESBs |
| | |
310S | | GISB by and between DEPI, Dominion Midwest Energy Inc. and BP Canada Energy Marketing Corp., dated September 1, 2001 | | GISBs/NAESBs |
| | |
436S | | NAESB by and between DEPI and Bridgeline Gas Marketing LLC, dated July 1, 2003 | | GISBs/NAESBs |
| | |
434S | | NAESB by and between DEPI and Chevron Natural Gas, a division of Chevron USA Inc., dated September 1, 2003 | | GISBs/NAESBs |
| | |
455S | | NAESB by and between DEPI and CIMA Energy, Ltd., dated September 1, 2003 | | GISBs/NAESBs |
| | |
413S | | NAESB by and between DEPI and City of Lakeland, Florida, dated April 1, 2004 | | GISBs/NAESBs |
| | |
612S | | NAESB by and between DEPI and Conectiv Energy Supply, Inc., dated October 1, 2006 | | GISBs/NAESBs |
| | |
414S | | NAESB by and between DEPI and ConocoPhillips Company, dated November 1, 2003 (s/b January 1, 2003) | | GISBs/NAESBs |
| | |
538S | | NAESB by and between DEPI and Constellation Energy Commodities Group, Inc., dated August 1, 2006 | | GISBs/NAESBs |
| | |
514S | | NAESB by and between DEPI and Coral Energy Resources, LP, dated September 1, 2005[NOTE: Both offshore and onshore gas is sold pursuant to this NAESB.] | | GISBs/NAESBs |
| | |
383S | | NAESB by and between DEPI and Cypress Gas Pipeline, LLC, dated January 1, 2003 | | GISBs/NAESBs |
| | |
332S | | GISB by and between DEPI and Duke Energy Trading & Marketing. L.L.C., dated September 1, 1998 | | GISBs/NAESBs |
| | |
443S | | NAESB by and between DEPI and Eagle Energy Partners I, L.P., dated June 1, 2003 | | GISBs/NAESBs |
| | |
336S | | GISB by and between DEPI and El Paso Marketing, L.P., dated March 30, 2000 | | GISBs/NAESBs |
| | |
424S | | NAESB by and between DEPI and Enbridge Marketing (U.S.) L.P., dated July 1, 2004 | | GISBs/NAESBs |
| | |
409S | | GISB by and between DEPI and EnergyUSA TPC Corp., dated November 1, 1998 | | GISBs/NAESBs |
| | |
340S | | GISB by and between DEPI and Enterprise Products Operating, L.P., dated March 30, 2000 | | GISBs/NAESBs |
| | |
342S | | GISB by and between DEPI and First Chemical Corporation, dated March 1, 1999 | | GISBs/NAESBs |
| | |
344S | | GISB by and between DEPI and Florida Power & Light Company, dated November 1, 1998 | | GISBs/NAESBs |
| | |
343S | | GISB by and between DEPI and Florida Power Corporation, dated August 24, 2001 | | GISBs/NAESBs |
| | |
419S | | GISB by and between DEPI and Fortis Energy Marketing & Trading, GP, dated March 1, 1998 | | GISBs/NAESBs |
| | |
404S | | NAESB by and between DEPI and Georgia Gulf Chemicals & Vinyls, LLC, dated April 1, 2003 | | GISBs/NAESBs |
| | |
472S | | NAESB by and between DEPI and HESS Corporation, dated April 1, 2006 | | GISBs/NAESBs |
| | |
446S | | NAESB by and between DEPI and IMC Phosphates Company, dated January 1, 2004 | | GISBs/NAESBs |
| | |
408S | | NAESB by and between DEPI and Interconn Resources Company, dated December 1, 2002 | | GISBs/NAESBs |
| | |
441S | | NAESB by and between DEPI and Lakeshore Energy Services, LLC, dated May 1, 2003 | | GISBs/NAESBs |
| | |
417S | | NAESB by and between DEPI and Louis Dreyfus Energy Services LP, dated March 1, 2003 | | GISBs/NAESBs |
| | |
486S | | NAESB by and between DEPI and Louisville Gas & Electric Co. and Kentucky Utilities, dated October 1, 2005 | | GISBs/NAESBs |
Schedule 4.12 - 16
| | | | |
Contract No. | | Contract Name | | Category |
| | |
326S | | NAESB by and between DEPI and Macquarie Cook Energy, LLC, dated August 1, 2002 | | GISBs/NAESBs |
| | |
488S | | NAESB by and between DEPI and Magnus Energy Marketing, Ltd., dated October 1, 2006 | | GISBs/NAESBs |
| | |
615S | | NAESB by and between DEPI and MIECO Inc., dated July 1, 2006 | | GISBs/NAESBs |
| | |
351S | | NAESB by and between DEPI and Mirant Americas Energy Marketing, LP, dated June 24, 1998 | | GISBs/NAESBs |
| | |
500S | | NAESB by and between DEPI and Morgan Stanley Capital Group Inc., dated November 1, 2003 | | GISBs/NAESBs |
| | |
426S | | NAESB by and between DEPI and Murphy Gas Gathering, Inc., dated February 1, 2003 | | GISBs/NAESBs |
| | |
353S | | NAESB by and between DEPI and National Energy & Trade, LP, dated July 1, 2002 | | GISBs/NAESBs |
| | |
354S | | GISB by and between DEPI and National Fuel Marketing Company, LLC, dated September 1, 1998 | | GISBs/NAESBs |
| | |
355S | | NAESB by and between DEPI and Newfield Exploration Company, dated January 1, 2000 | | GISBs/NAESBs |
| | |
451S | | NAESB by and between DEPI and Peoples Gas System, dated February 1, 2002 | | GISBs/NAESBs |
| | |
356S | | GISB by and between DEPI and Piedmont Natural Gas, dated August 24, 2001 | | GISBs/NAESBs |
| | |
458S | | NAESB by and between DEPI and Piedmont Natural Gas, dated December 1, 2004 | | GISBs/NAESBs |
| | |
315S | | GISB by and between DEPI and Progress Energy Carolinas, Inc., dated August 24, 2001 | | GISBs/NAESBs |
| | |
454S | | NAESB by and between DEPI and ProLiance Energy, LLC, dated July 1, 2001 | | GISBs/NAESBs |
| | |
359S | | GISB by and between DEPI and PSEG Energy Resources & Trade LLC, dated October 1, 1998 | | GISBs/NAESBs |
| | |
465S | | NAESB by and between DEPI and Public Service Company of North Carolina, Inco, dated February 1, 2004 | | GISBs/NAESBs |
| | |
467S | | NAESB by and between DEPI and SCANA Energy Marketing, Inc., dated February 1, 2004 | | GISBs/NAESBs |
| | |
601S | | NAESB by and between DEPI and Seminole Electric Cooperative, dated November 1, 2005 | | GISBs/NAESBs |
| | |
366S | | GISB by and between DEPI and Sequent Energy Management, L.P., dated June 1, 2001 | | GISBs/NAESBs |
| | |
380S | | GISB by and between DEPI and Sonat Marketing Company, L.P., dated October 1, 1998 | | GISBs/NAESBs |
| | |
620S | | NAESB by and between DEPI and South Carolina Electric & Gas Company, dated August 1, 2006 | | GISBs/NAESBs |
| | |
466S | | NAESB by and between DEPI and South Carolina Pipeline Corporation, dated February 1, 2004 | | GISBs/NAESBs |
| | |
452S | | NAESB by and between DEPI and SouthCoast Energy Partners Corp., dated November 1, 2003 | | GISBs/NAESBs |
| | |
464S | | NAESB by and between DEPI and Southern Companies Services, Inc., dated July 1, 2004 | | GISBs/NAESBs |
| | |
368S | | GISB by and between DEPI and Superior Natural Gas Corporation, dated October 1, 1998 | | GISBs/NAESBs |
| | |
448S | | NAESB by and between DEPI and Tampa Electric Company, dated February 1, 2006 | | GISBs/NAESBs |
| | |
369S | | NAESB by and between DEPI and The Energy Authority, dated July 1, 2002 | | GISBs/NAESBs |
| | |
370S | | GISB by and between DEPI and Torch Enegy TM, Inc., dated October 1, 1998 | | GISBs/NAESBs |
| | |
431S | | NAESB by and between DEPI and Total Gas & Power North America, Inc., dated November 1, 2002[NOTE: Both offshore and onshore gas is sold pursuant to this NAESB.] | | GISBs/NAESBs |
| | |
372S | | GISB by and between DEPI and Transco Energy Marketing Company, dated November 1, 1998 | | GISBs/NAESBs |
| | |
320S | | NAESB by and between DEPI and Union Oil Company of California, dated April 1, 1999 | | GISBs/NAESBs |
| | |
616S | | NAESB by and between DEPI and United Energy Trading, LLC, dated July 1, 2006 | | GISBs/NAESBs |
| | |
378S | | GISB by and between DEPI and Williams Power Company, Inc., dated November 1, 1998 | | GISBs/NAESBs |
| | |
3345G | | Term Purchase Agreement by and between DEPI and SemStream, L.P., dated February 1, 2007 | | Offshore |
Schedule 4.12 - 17
| | | | |
Contract No. | | Contract Name | | Category |
| | |
3346G | | Term Purchase Agreement by and between DEPI and SemStream, L.P., dated February 1, 2007 | | Offshore |
| | |
3349G | | Term Purchase Agreement between DEPI and Chevron Products Company, dated March 19, 2007 | | Offshore |
| | |
353SP | | Confidential Disclosure Agreement between Discovery Producer Services LLC, Discovery Gas Transmission LLC and DEPI, dated March 2, 2007 | | Offshore |
| | |
451PR | | Natural Gas Liquids Exchange Agreement between DEPI and Crosstex Processing Services, LLC, effective January 1, 2007 | | Offshore |
| | |
452PR | | Service Agreement- Grand Chenier System Volumes- CDM Max Grand Chenier Plant, Cameron Parish, Louisiana, between CDM Max, LLC and DEPI, dated February 1, 2007 | | Offshore |
| | |
606T | | Liquid Hydrocarbon Transportation Agreement between Destin Pipeline Company, L.L.C., and DEPI, dated February 23, 2007 | | Offshore |
| | |
607T | | Grand Chenier PTR Plant, PTR Transportation Agreement by and between Tennessee Gas Pipeline Company and DEPI, dated February 27, 2004 | | Offshore |
| | |
356FC | | Equity Buy-In Agreement by and between DEPI, Pioneer Natural Resources USA, Inc.,and Williams Field Services- Gulf Coast Company, LP, dated August 29, 2001 | | Offshore |
Schedule 4.12 - 18
Consents to Assign- Land Contracts (Non-Leases)
NOTE: Contracts that are listed more than once apply to multiple prospects.
| | | | | | | | | | | | | | | | | | |
Contract Number | | Contract Description | | Group | | File Type | | Prospect Name | | Prospect Code | | St | | County | | Dominion Party | | Business Unit |
7042 | | EI272/EI284 DRY HOLE CONTRIBUTION | | JOA | | EXCHANGE AGREEMENT | | EUGENE ISL 272 S-ADD | | PRZL0007 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
7042 | | EI272/EI284 DRY HOLE CONTRIBUTION | | JOA | | EXCHANGE AGREEMENT | | EUGENE ISL 284 S-ADD | | PRZL0008 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
7043 | | EI272/EI284 UNITIZATION AGMT | | JOA | | UNIT & UNIT OPERATING AGMT | | EUGENE ISL 272 S-ADD | | PRZL0007 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
7043 | | EI272/EI284 UNITIZATION AGMT | | JOA | | UNIT & UNIT OPERATING AGMT | | EUGENE ISL 284 S-ADD | | PRZL0008 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
7580 | | MP20/27 PARTICIPATION AGREEMENT W/JOA | | JOA | | LETTER OF AGREEMENT | | ELECTRON NORTH (MP20) PROSPECT | | PRZL0442 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
ZL00490003 | | VR267 S/2 S-ADD TAX PART AGMT | | LND | | MISCELLANEOUS | | VERMILION 267 S/2 S-ADD | | PRZL0049 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
ZL00500001 | | VR 268 S-ADD OPER AGMT | | JOA | | JOINT OPERATING AGREEMENT | | VERMILION 268 S-ADD | | PRZL0050 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
ZL01590001 | | EC332 S-ADD JT OPER AGMT | | JOA | | JOINT OPERATING AGREEMENT | | CAMERON, E 332 S-ADD | | PRZL0159 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
ZL00270019 | | SS271 PIGGING & ABANDONMENT | | JOA | | LETTER OF AGREEMENT | | SHIP SHOAL 271 S-ADD | | PRZL0027 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
310024 | | WC 72 JOA | | JOA | | JOINT OPERATING AGREEMENT | | WEST CAMERON 72 PROSPECT | | PRZL0529 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
310313 | | WC 69 JOA DEPI - SPINNAKER | | JOA | | JOINT OPERATING AGREEMENT | | WEST CAMERON 69 PROSPECT | | PRZL0528 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
310852 | | EC11 JOA WITH SPINNAKER | | JOA | | JOINT OPERATING AGREEMENT | | EAST CAMERON 11 PROSPECT | | PRZL0499 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
Schedule 4.12 - 19
| | | | | | | | | | | | | | | | | | |
Contract Number | | Contract Description | | Group | | File Type | | Prospect Name | | Prospect Code | | St | | County | | Dominion Party | | Business Unit |
310853 | | SA14 JOA WITH SPINNAKER | | JOA | | JOINT OPERATING AGREEMENT | | SABINE PASS 14 PROSPECT | | PRZL0522 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
311005 | | SS247 WELL F18ST FARMIN-MURPHY | | JOA | | FARMIN AGREEMENT | | SHIP SHOAL 247 S-ADD | | PRZL0092 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
311007 | | SS247 WELL F18ST FARMIN-MISSION | | JOA | | FARMIN AGREEMENT | | SHIP SHOAL 247 S-ADD | | PRZL0092 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
7060 | | SS 271 UNIT 247 248 249 270 271 | | JOA | | UNIT & UNIT OPERATING AGMT | | SHIP SHOAL 247 S-ADD | | PRZL0092 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
7060 | | SS 271 UNIT 247 248 249 270 271 | | JOA | | UNIT & UNIT OPERATING AGMT | | SHIP SHOAL 248 S-ADD | | PRZL0024 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
7060 | | SS 271 UNIT 247 248 249 270 271 | | JOA | | UNIT & UNIT OPERATING AGMT | | SHIP SHOAL 249 S-ADD | | PRZL0025 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
7060 | | SS 271 UNIT 247 248 249 270 271 | | JOA | | UNIT & UNIT OPERATING AGMT | | SHIP SHOAL 270 S-ADD | | PRZL0026 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
7060 | | SS 271 UNIT 247 248 249 270 271 | | JOA | | UNIT & UNIT OPERATING AGMT | | SHIP SHOAL 271 S-ADD | | PRZL0027 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
311521 | | WC 37 38 PART AGMT W/JOA DEPI-SAMSON | | JOA | | PARTICIPATION AGREEMENT | | WEST CAMERON 38 PROSPECT | | PRZL0527 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
7140 | | ST276 F/I AGMT | | JOA | | FARMIN AGREEMENT | | TIMBALIER, S 276 | | PRZL0229 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
7141 | | ST276 OPER AGMT | | JOA | | JOINT OPERATING AGREEMENT | | TIMBALIER, S 276 | | PRZL0229 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
7051 | | WC225 CONST/OP AGMT | | JOA | | JOINT OPERATING AGREEMENT | | CAMERON, W 225 | | PRZL0069 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
7074 | | WC633/HI350 PUR & SALE AGMT | | JOA | | PURCHASE/SALE AGREEMENT | | CAMERON, W 633 S-ADD | | PRZL0068 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
Schedule 4.12 - 20
| | | | | | | | | | | | | | | | | | |
Contract Number | | Contract Description | | Group | | File Type | | Prospect Name | | Prospect Code | | St | | County | | Dominion Party | | Business Unit |
ZL01110001 | | ST185 LTR AGMT 8/7/70 CNG C&K | | JOA | | LETTER OF AGREEMENT | | TIMBALIER, S 185 | | PRZL0111 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
ZL00690007 | | WC225 CONNECTION AGMT | | JOA | | CONNECTION AGREEMENT | | CAMERON, W 225 | | PRZL0069 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
ZL00920003 | | SS247 S-ADD F/O AGMT | | JOA | | FARMOUT AGREEMENT | | SHIP SHOAL 247 S-ADD | | PRZL0092 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
ZL00270003 | | SS271 S-ADD F/O AGMT | | JOA | | FARMOUT AGREEMENT | | SHIP SHOAL 271 S-ADD | | PRZL0027 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
ZL04210009 | | MC773(DEVIL’S TOWER) SPAR EPCI AGMT | | JOA | | FACILITY AGREEMENT | | DEVILS TOWER (MC773) PROSPECT | | PRZL0421 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
311780 | | OIL P&S AGMT W/POSEIDON GREEN CANYON | | JOA | | SALES AGREEMENT | | BADGERS (GC425) | | PRZL0458 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
311780 | | OIL P&S AGMT W/POSEIDON GREEN CANYON | | JOA | | SALES AGREEMENT | | CLOSER (GC337) PROSPECT | | PRZL0453 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
311780 | | OIL P&S AGMT W/POSEIDON GREEN CANYON | | JOA | | SALES AGREEMENT | | CLOSER (GC381) PROSPECT | | PRZL0455 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
311780 | | OIL P&S AGMT W/POSEIDON GREEN CANYON | | JOA | | SALES AGREEMENT | | COOL PAPA (GC380) PROSPECT | | PRZL0454 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
311780 | | OIL P&S AGMT W/POSEIDON GREEN CANYON | | JOA | | SALES AGREEMENT | | EXACTA BOX (GC426) PROSPECT | | PRZL0459 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
311780 | | OIL P&S AGMT W/POSEIDON GREEN CANYON | | JOA | | SALES AGREEMENT | | EXACTA BOX (GC427 W/2) PROSPECT | | PRZL0547 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
Schedule 4.12 - 21
| | | | | | | | | | | | | | | | | | |
Contract Number | | Contract Description | | Group | | File Type | | Prospect Name | | Prospect Code | | St | | County | | Dominion Party | | Business Unit |
311780 | | OIL P&S AGMT W/POSEIDON GREEN CANYON | | JOA | | SALES AGREEMENT | | FRONT RUNNER (GC338) PROSPECT | | PRZL0426 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
311780 | | OIL P&S AGMT W/POSEIDON GREEN CANYON | | JOA | | SALES AGREEMENT | | FRONT RUNNER (GC339) PROSPECT | | PRZL0427 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
311780 | | OIL P&S AGMT W/POSEIDON GREEN CANYON | | JOA | | SALES AGREEMENT | | GREEN CANYON 336 PROSPECT | | PRZL0452 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
311780 | | OIL P&S AGMT W/POSEIDON GREEN CANYON | | JOA | | SALES AGREEMENT | | LECOMTE (GC428) PROSPECT | | PRZL0461 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
311780 | | OIL P&S AGMT W/POSEIDON GREEN CANYON | | JOA | | SALES AGREEMENT | | LECOMTE (GC471) PROSPECT | | PRZL0462 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
311780 | | OIL P&S AGMT W/POSEIDON GREEN CANYON | | JOA | | SALES AGREEMENT | | LEXINGTON (GC383 N2;SE4) PROSPECT | | PRZL0550 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
312247 | | HI A-350 WC 663 JOA 7/1/03 APACHE/DEPI | | JOA | | JOINT OPERATING AGREEMENT | | CAMERON, W 633 S-ADD | | PRZL0068 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
311780 | | OIL P&S AGMT W/POSEIDON GREEN CANYON | | JOA | | SALES AGREEMENT | | QUATRAIN (GC382) PROSPECT | | PRZL0456 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
7191 | | VK825, 869, 870 F/O & PART AGMT | | JOA | | FARMOUT AGREEMENT | | NEPTUNE (VK826) | | PRZL0290 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
7191 | | VK825, 869, 870 F/O & PART AGMT | | JOA | | FARMOUT AGREEMENT | | NEPTUNE (VK869) PROSPECT | | PRZL0294 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
7191 | | VK825, 869, 870 F/O & PART AGMT | | JOA | | FARMOUT AGREEMENT | | VIOSCA KNOLL 825 | | PRZL0296 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
Schedule 4.12 - 22
| | | | | | | | | | | | | | | | | | |
Contract Number | | Contract Description | | Group | | File Type | | Prospect Name | | Prospect Code | | St | | County | | Dominion Party | | Business Unit |
7313 | | VR255/SM58/EI188 TIE-IN AGMT | | JOA | | TIE-IN AGREEMENT | | VERMILION 255 S-ADD | | PRZL0047 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
7049 | | EI272-84/SS249-70-71/SM142/VR255-56-3GEA | | JOA | | EXPLORATION AGREEMENT | | EUGENE ISL 272 S-ADD | | PRZL0007 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
7049 | | EI272-84/SS249-70-71/SM142/VR255-56-3GEA | | JOA | | EXPLORATION AGREEMENT | | EUGENE ISL 284 S-ADD | | PRZL0008 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
7049 | | EI272-84/SS249-70-71/SM142/VR255-56-3GEA | | JOA | | EXPLORATION AGREEMENT | | EUGENE ISL 286 S-ADD | | PRZL0009 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
7049 | | EI272-84/SS249-70-71/SM142/VR255-56-3GEA | | JOA | | EXPLORATION AGREEMENT | | EUGENE ISL 292 S-ADD | | PRZL0011 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
7049 | | EI272-84/SS249-70-71/SM142/VR255-56-3GEA | | JOA | | EXPLORATION AGREEMENT | | EUGENE ISL 293 S-ADD | | PRZL0012 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
7049 | | EI272-84/SS249-70-71/SM142/VR255-56-3GEA | | JOA | | EXPLORATION AGREEMENT | | EUGENE ISL 308 S-ADD | | PRZL0014 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
7049 | | EI272-84/SS249-70-71/SM142/VR255-56-3GEA | | JOA | | EXPLORATION AGREEMENT | | EUGENE ISL 309 S-ADD | | PRZL0015 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
7049 | | EI272-84/SS249-70-71/SM142/VR255-56-3GEA | | JOA | | EXPLORATION AGREEMENT | | MARSH ISL, S 142 S-ADD | | PRZL0034 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
7049 | | EI272-84/SS249-70-71/SM142/VR255-56-3GEA | | JOA | | EXPLORATION AGREEMENT | | SHIP SHOAL 249 S-ADD | | PRZL0025 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
7049 | | EI272-84/SS249-70-71/SM142/VR255-56-3GEA | | JOA | | EXPLORATION AGREEMENT | | SHIP SHOAL 270 S-ADD | | PRZL0026 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
7049 | | EI272-84/SS249-70-71/SM142/VR255-56-3GEA | | JOA | | EXPLORATION AGREEMENT | | SHIP SHOAL 271 S-ADD | | PRZL0027 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
7049 | | EI272-84/SS249-70-71/SM142/VR255-56-3GEA | | JOA | | EXPLORATION AGREEMENT | | VERMILION 255 S-ADD | | PRZL0047 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
Schedule 4.12 - 23
| | | | | | | | | | | | | | | | | | |
Contract Number | | Contract Description | | Group | | File Type | | Prospect Name | | Prospect Code | | St | | County | | Dominion Party | | Business Unit |
7049 | | EI272-84/SS249-70-71/SM142/VR255-56-3GEA | | JOA | | EXPLORATION AGREEMENT | | VERMILION 256 S-ADD | | PRZL0048 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
7049 | | EI272-84/SS249-70-71/SM142/VR255-56-3GEA | | JOA | | EXPLORATION AGREEMENT | | VERMILION 313 S-ADD | | PRZL0051 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
ZL00500001 | | VR 268 S-ADD OPER AGMT | | JOA | | JOINT OPERATING AGREEMENT | | VERMILION 268 S-ADD | | PRZL0050 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
ZL00100001 | | EI287 S/2,S2N2 OPERATING AGMT | | JOA | | JOINT OPERATING AGREEMENT | | EUGENE ISL 287, S/2, S/2N/2 | | PRZL0010 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
ZL00120001 | | EI293 S-ADD F/O AGMT | | JOA | | FARMOUT AGREEMENT | | EUGENE ISL 293 S-ADD | | PRZL0012 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
ZL00120002 | | EI293 S-ADD F/O AGMT | | JOA | | FARMOUT AGREEMENT | | EUGENE ISL 293 S-ADD | | PRZL0012 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
ZL00150004 | | EI309 S-ADD PLATFORM “H” USAGE | | JOA | | PLATFORM SHARING/USE | | EUGENE ISL 309 S-ADD | | PRZL0015 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
ZL00160001 | | EI314 N/2 S-ADD/JOA | | JOA | | JOINT OPERATING AGREEMENT | | EUGENE ISL 314 N/2 S-ADD | | PRZL0016 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
315149 | | PALOMINO (AT428) SHALLOW HAZARD SUR AGMT | | JOA | | SEISMIC SURVEY AGMT | | PALOMINO (AT428) | | PRZL0638 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
7003 | | SS247 SS248 SS249 SS270 FOA | | JOA | | FARMOUT AGREEMENT | | SHIP SHOAL 247 S-ADD | | PRZL0092 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
7003 | | SS247 SS248 SS249 SS270 FOA | | JOA | | FARMOUT AGREEMENT | | SHIP SHOAL 248 S-ADD | | PRZL0024 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
7003 | | SS247 SS248 SS249 SS270 FOA | | JOA | | FARMOUT AGREEMENT | | SHIP SHOAL 249 S-ADD | | PRZL0025 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
7003 | | SS247 SS248 SS249 SS270 FOA | | JOA | | FARMOUT AGREEMENT | | SHIP SHOAL 270 S-ADD | | PRZL0026 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
Schedule 4.12 - 24
| | | | | | | | | | | | | | | | | | |
Contract Number | | Contract Description | | Group | | File Type | | Prospect Name | | Prospect Code | | St | | County | | Dominion Party | | Business Unit |
7214 | | GI110 EXPL AGMT | | JOA | | EXPLORATION AGREEMENT | | GRAND ISLE 110 S-ADD | | PRZL0267 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
7374 | | GC116 RATE DISCOUNT/THRUPUT | | JOA | | THROUGHPUT AGREEMENT | | GREEN CANYON 116 | | PRZL0257 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
7374 | | GC116 RATE DISCOUNT/THRUPUT | | JOA | | THROUGHPUT AGREEMENT | | GREEN CANYON 117 | | PRZL0258 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
7374 | | GC116 RATE DISCOUNT/THRUPUT | | JOA | | THROUGHPUT AGREEMENT | | POPEYE (GC72) | | PRZL0259 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
7437 | | GB657/700/701 SHINER SEISMIC & AMI AGREE | | JOA | | SEISMIC SURVEY AGMT | | SHINER (GB 657) PROSPECT | | PRZL0404 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
7437 | | GB657/700/701 SHINER SEISMIC & AMI AGREE | | JOA | | SEISMIC SURVEY AGMT | | SHINER (GB 700) PROSPECT | | PRZL0406 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
7437 | | GB657/700/701 SHINER SEISMIC & AMI AGREE | | JOA | | SEISMIC SURVEY AGMT | | SHINER (GB 701) PROSPECT | | PRZL0407 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
7493 | | POPEYE (GC72) PURCHASE & SALE - BP EXPL/ | | JOA | | PURCHASE/SALE AGREEMENT | | GREEN CANYON 116 | | PRZL0257 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
7493 | | POPEYE (GC72) PURCHASE & SALE - BP EXPL/ | | JOA | | PURCHASE/SALE AGREEMENT | | POPEYE (GC72) | | PRZL0259 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
7580 | | MP20/27 PARTICIPATION AGREEMENT W/JOA | | JOA | | LETTER OF AGREEMENT | | ELECTRON NORTH (MP20) PROSPECT | | PRZL0442 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
7142 | | EI314/309 UNIT AGMT | | JOA | | UNIT & UNIT OPERATING AGMT | | EUGENE ISL 309 S-ADD | | PRZL0015 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
7156 | | EI308, 315 OPERATING AGMT | | JOA | | JOINT OPERATING AGREEMENT | | EUGENE ISL 308 S-ADD | | PRZL0014 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
7181 | | GI110, 115 OP & LTR AGMT (DEEP RGHT) | | JOA | | LETTER OF AGREEMENT | | GRAND ISLE 110 S-ADD | | PRZL0267 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
Schedule 4.12 - 25
| | | | | | | | | | | | | | | | | | |
Contract Number | | Contract Description | | Group | | File Type | | Prospect Name | | Prospect Code | | St | | County | | Dominion Party | | Business Unit |
314126 | | DC 618/619/620/621 CO-DEV AGMT 11-9-04 | | JOA | | CO-DEVELOPMENT AGREEMENT | | SAN JACINTO (DC618) PROSPECT | | PRZL0491 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
314126 | | DC 618/619/620/621 CO-DEV AGMT 11-9-04 | | JOA | | CO-DEVELOPMENT AGREEMENT | | SAN JACINTO (DC619) PROSPECT | | PRZL0575 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
314126 | | DC 618/619/620/621 CO-DEV AGMT 11-9-04 | | JOA | | CO-DEVELOPMENT AGREEMENT | | SPIDERMAN (DC620) PROSPECT | | PRZL0492 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
314126 | | DC 618/619/620/621 CO-DEV AGMT 11-9-04 | | JOA | | CO-DEVELOPMENT AGREEMENT | | SPIDERMAN (DC621) PROSPECT | | PRZL0563 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
314128 | | SPIDERMAN (DC620/621) FAC REIMBURSE AGMT | | JOA | | FACILITY AGREEMENT | | SPIDERMAN (DC620) PROSPECT | | PRZL0492 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
314128 | | SPIDERMAN (DC620/621) FAC REIMBURSE AGMT | | JOA | | FACILITY AGREEMENT | | SPIDERMAN (DC621) PROSPECT | | PRZL0563 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
314129 | | SPIDERMAN (DC620/621) LIQ HANDLING AGMT | | JOA | | TRANSPORTATION SERVICE | | SPIDERMAN (DC620) PROSPECT | | PRZL0492 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
314129 | | SPIDERMAN (DC620/621) LIQ HANDLING AGMT | | JOA | | TRANSPORTATION SERVICE | | SPIDERMAN (DC621) PROSPECT | | PRZL0563 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
310974 | | WC130 PARTICIPATION AGMT WITH JOA | | JOA | | PARTICIPATION AGREEMENT | | CAMERON, W 130 | | PRZL0317 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
ZL00230036 | | SS246 FARMIN FROM MURPHY | | JOA | | FARMIN AGREEMENT | | SHIP SHOAL 246 S-ADD | | PRZL0023 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
313809 | | WC77 JOINT DEVELOPMENT AGMT W/JOA | | JOA | | CO-DEVELOPMENT AGREEMENT | | CAMERON, W 77 | | PRZL0248 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
ZL00510001 | | VR313 S-ADD F/O AGMT | | JOA | | FARMOUT AGREEMENT | | VERMILION 313 S-ADD | | PRZL0051 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
ZL00510035 | | VR313 S-ADD F/O AGMT | | JOA | | FARMOUT AGREEMENT | | VERMILION 313 S-ADD | | PRZL0051 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
Schedule 4.12 - 26
| | | | | | | | | | | | | | | | | | |
Contract | | | | | | | | | | Prospect | | | | | | | | Business |
Number | | Contract Description | | Group | | File Type | | Prospect Name | | Code | | St | | County | | Dominion Party | | Unit |
7326 | | VR255 PLATFORM SPACE AGMT | | JOA | | PLATFORM SHARING/USE | | VERMILION 255 S-ADD | | PRZL0047 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
7313 | | VR255/SM58/EI188 TIE-IN AGMT | | JOA | | TIE-IN AGREEMENT | | VERMILION 255 S-ADD | | PRZL0047 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
ZL00480004 | | VR256 O/A ATT. TO GEOPHYSICAL | | JOA | | JOINT OPERATING AGREEMENT | | VERMILION 256 S-ADD | | PRZL0048 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
ZL00340001 | | SM142 S-ADD OPER AGMT | | JOA | | JOINT OPERATING AGREEMENT | | MARSH ISL, S 142 S-ADD | | PRZL0034 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
ZL01110001 | | ST185 LTR AGMT 8/7/70 CNG C&K | | JOA | | LETTER OF AGREEMENT | | TIMBALIER, S 185 | | PRZL0111 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
312740 | | WC 129 PARTICIPATION AGMT 11/5/03 | | JOA | | PARTICIPATION AGREEMENT | | WEST CAMERON 129 PROSPECT | | PRZL0535 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
314122 | | SPIDERMAN (DC 620/621) PROCESSING AGMT | | JOA | | GAS PROCESSING | | SPIDERMAN (DC620) PROSPECT | | PRZL0492 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
314122 | | SPIDERMAN (DC 620/621) PROCESSING AGMT | | JOA | | GAS PROCESSING | | SPIDERMAN (DC621) PROSPECT | | PRZL0563 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
314137 | | SPIDERMAN PRECEDENT AGREEMENT | | JOA | | TRANSPORTATION SERVICE | | SPIDERMAN (DC620) PROSPECT | | PRZL0492 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
314137 | | SPIDERMAN PRECEDENT AGREEMENT | | JOA | | TRANSPORTATION SERVICE | | SPIDERMAN (DC621) PROSPECT | | PRZL0563 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
ZL00470008 | | VR255 O/A ATT. TO GEOPHYSICAL | | JOA | | JOINT OPERATING AGREEMENT | | VERMILION 255 S-ADD | | PRZL0047 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
ZL00510039 | | VR313 “D” DEVELOPOMENT JOA | | JOA | | JOINT OPERATING AGREEMENT | | VERMILION 313 S-ADD | | PRZL0051 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
315349 | | MUSSEL BEACH (ST135/136) EXPL | | | | EXPLORATION AGREEMENT | | MUSSEL BEACH (ST135) | | PRZL0650 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
Schedule 4.12 - 27
| | | | | | | | | | | | | | | | | | |
Contract Number | | Contract Description | | Group | | File Type | | Prospect Name | | Prospect Code | | St | | County | | Dominion Party | | Business Unit |
315349 | | MUSSEL BEACH (ST135/136) EXPL | | | | EXPLORATION AGREEMENT | | MUSSEL BEACH (ST136) | | PRZL0651 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
7612 | | CLOSER (GC337 GC381) JOA | | JOA | | JOINT OPERATING AGREEMENT | | CLOSER (GC337) PROSPECT | | PRZL0453 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
7612 | | CLOSER (GC337 GC381) JOA | | JOA | | JOINT OPERATING AGREEMENT | | CLOSER (GC381) PROSPECT | | PRZL0455 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
314189 | | CHILKOOT/WINTER PARK WELL PA W/JOA | | JOA | | PARTICIPATION AGREEMENT | | CHILKOOT (GC232) PROSPECT | | PRZL0580 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
314189 | | CHILKOOT/WINTER PARK WELL PA W/JOA | | JOA | | PARTICIPATION AGREEMENT | | CHILKOOT (GC276) PROSPECT | | PRZL0581 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
314189 | | CHILKOOT/WINTER PARK WELL PA W/JOA | | JOA | | PARTICIPATION AGREEMENT | | CHILKOOT (GC319) PROSPECT | | PRZL0582 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
314189 | | CHILKOOT/WINTER PARK WELL PA W/JOA | | JOA | | PARTICIPATION AGREEMENT | | CHILKOOT (GC320) PROSPECT | | PRZL0583 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
314189 | | CHILKOOT/WINTER PARK WELL PA W/JOA | | JOA | | PARTICIPATION AGREEMENT | | CHILKOOT (GC364) PROSPECT | | PRZL0584 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
314189 | | CHILKOOT/WINTER PARK WELL PA W/JOA | | JOA | | PARTICIPATION AGREEMENT | | CHILKOOT (GC408) PROSPECT | | PRZL0585 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
314189 | | CHILKOOT/WINTER PARK WELL PA W/JOA | | JOA | | PARTICIPATION AGREEMENT | | WINTER PARK (GC583) PROSPECT | | PRZL0586 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
314189 | | CHILKOOT/WINTER PARK WELL PA W/JOA | | JOA | | PARTICIPATION AGREEMENT | | WINTER PARK (GC627) PROSPECT | | PRZL0587 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
314189 | | CHILKOOT/WINTER PARK WELL PA W/JOA | | JOA | | PARTICIPATION AGREEMENT | | WINTER PARK (GC628) PROSPECT | | PRZL0588 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
314250 | | BLACKBEARD WEST (ST168) ASMT - | | JOA | | PARTICIPATION AGREEMENT | | BLACKBEARD WEST (ST168) | | PRZL0591 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
Schedule 4.12 - 28
| | | | | | | | | | | | | | | | | | |
Contract Number | | Contract Description | | Group | | File Type | | Prospect Name | | Prospect Code | | St | | County | | Dominion Party | | Business Unit |
314272 | | BLACKBEARD WEST (ST168) COST S | | JOA | | LETTER OF AGREEMENT | | BLACKBEARD WEST (ST168) | | PRZL0591 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
7162 | | GC73 116, 117 PART & OP AGMT | | JOA | | PARTICIPATION AGREEMENT | | GREEN CANYON 116 | | PRZL0257 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
7162 | | GC73 116, 117 PART & OP AGMT | | JOA | | PARTICIPATION AGREEMENT | | GREEN CANYON 117 | | PRZL0258 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
7162 | | GC73 116, 117 PART & OP AGMT | | JOA | | PARTICIPATION AGREEMENT | | POPEYE (GC72) | | PRZL0259 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
7236 | | F/O SS246 OWNERS TO SS249 OWNERS | | JOA | | FARMOUT AGREEMENT | | SHIP SHOAL 246 S-ADD | | PRZL0023 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
7236 | | F/O SS246 OWNERS TO SS249 OWNERS | | JOA | | FARMOUT AGREEMENT | | SHIP SHOAL 249 S-ADD | | PRZL0025 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
314526 | | WC202 PARTICIPATION AGMT W/JOA (7-01-05) | | JOA | | PARTICIPATION AGREEMENT | | WEST CAMERON 202 PROSPECT | | PRZL0536 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
314401 | | DIAMONDHEAD-EC78/79/86/87 EXP AGMT W/JOA | | JOA | | EXPLORATION AGREEMENT | | DIAMONDHEAD (EC78) PROSPECT | | PRZL0618 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
314401 | | DIAMONDHEAD-EC78/79/86/87 EXP AGMT W/JOA | | JOA | | EXPLORATION AGREEMENT | | DIAMONDHEAD (EC79) PROSPECT | | PRZL0619 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
314401 | | DIAMONDHEAD-EC78/79/86/87 EXP AGMT W/JOA | | JOA | | EXPLORATION AGREEMENT | | DIAMONDHEAD (EC86) PROSPECT | | PRZL0620 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
314401 | | DIAMONDHEAD-EC78/79/86/87 EXP AGMT W/JOA | | JOA | | EXPLORATION AGREEMENT | | DIAMONDHEAD (EC87) PROSPECT | | PRZL0569 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
315490 | | ST208 JOINT OPERATING AGMT (6-1-06) | | JOA | | JOINT OPERATING AGREEMENT | | SOUTH TIMBALIER 208 | | PRZL0641 | | LA | | OFFSHORE | | DOMINION EXPLORATION & PRODUCTION INC. | | OFFSHORE |
Schedule 4.12 - 29
Consents to Assign- Leases
NOTE: Contracts that are listed more than once apply to multiple prospects.
| | | | | | | | | | |
Lease Number | | Suffix | | Lessor Description | | Prospect Name | | Prospect Code | | Legal Entity |
L024578 | | | | OCS-G 20945 | | BONANZA (KC672) | | PRZL0562 | | DEPI |
L018747 | | | | OCS-G 15239 | | BULL WEST (EI 39) | | PRZL0414 | | DEPI |
L013290 | | | | OCS-G 18390 | | CALISTO (GC 443) | | PRZL0378 | | DEPI |
L024958 | | | | OCS-G 21536 | | CAMERON, W 112 | | PRZL0553 | | DEPI |
L013119 | | | | OCS-G-12761 | | CAMERON, W 130 | | PRZL0317 | | DEPI |
L003328 | | 00 | | OCS-G-0900 | | CAMERON, W 225 | | PRZL0069 | | DEPI |
L011142 | | | | OCS-G-4398 | | CAMERON, W 293 W-ADD | | PRZL0274 | | DEPI |
L022173 | | | | OCS-G 23731 | | CAMERON, W 37 | | PRZL0526 | | DEPI |
L022172 | | | | OCS-G 23732 | | CAMERON, W 38 | | PRZL0527 | | DEPI |
L003350 | | 00 | | OCS-G-2238 | | CAMERON, W 633 S-ADD | | PRZL0068 | | DEPI |
L022372 | | | | OCS-G 23735 | | CAMERON, W 72 | | PRZL0529 | | DEPI |
L027201 | | | | OCS-G 23736 | | CAMERON, W 73 | | PRZL0621 | | DEPI |
L020354 | | | | OCS-G 9402 | | CARAVEL (WC 194) | | PRZL0437 | | DEPI |
L015368 | | | | OCS-G 20766 | | COUGAR (EB 875) | | PRZT0171 | | DEPI |
L015369 | | | | OCS-G 20767 | | COUGAR (EB 876) | | PRZT0172 | | DEPI |
L023689 | | | | OCS-G 24337 | | CROCKETT (MI663) | | PRZT0195 | | DEPI |
L013544 | | | | OCS-G 19158 | | DERBIGNY (GB 713) | | PRZT0151 | | DEPI |
L013545 | | | | OCS-G 19159 | | DERBIGNY (GB 714) | | PRZT0152 | | DEPI |
L013540 | | | | OCS-G 19183 | | EAGLE (GB 825) | | PRZL0410 | | DEPI |
L015536 | | | | OCS-G-19907 | | EINSET (VK 872) | | PRZL0392 | | DEPI |
L015533 | | | | OCS-G-19908 | | EINSET (VK 873) | | PRZL0393 | | DEPI |
L022168 | | | | OCS-G 23863 | | EUGENE ISL 101 | | PRZL0503 | | DEPI |
L022169 | | | | OCS-G 23865 | | EUGENE ISL 138 | | PRZL0504 | | DEPI |
L022166 | | | | OCS-G 23861 | | EUGENE ISL 81 | | PRZL0501 | | DEPI |
L022167 | | | | OCS-G 23862 | | EUGENE ISL 82 | | PRZL0502 | | DEPI |
L015555 | | | | OCS-G-18069 | | GRAND ISLE 111S-ADD | | PRZL0277 | | DEPI |
L015556 | | | | OCS-G-13944 | | GRAND ISLE 116 S-ADD | | PRZL0394 | | DEPI |
L018946 | | | | OCS-G 20034 | | GRETCHEN (GC 114) | | PRZL0420 | | DEPI |
L022586 | | | | ST OF TX M-102594 | | HARLEQUIN (MU748) | | PRZT0189 | | DEPI |
L013542 | | | | OCS-G 19190 | | HAWK (GB 839) | | PRZT0149 | | DEPI |
L018618 | | | | OCS-G 16500 | | MAIN PASS 138 | | PRZL0411 | | DEPI |
L018617 | | | | OCS-G 21143 | | MAIN PASS 164 | | PRZL0403 | | DEPI |
L013635 | | | | OCS-G 18105 | | MAIN PASS 178 S/E-ADD | | PRZL0382 | | DEPI |
L003386 | | 00 | | OCS-G-1216 | | MARSH ISL, S 142 S-ADD | | PRZL0034 | | DEPI |
Schedule 4.12-30
| | | | | | | | | | |
Lease Number | | Suffix | | Lessor Description | | Prospect Name | | Prospect Code | | Legal Entity |
L013638 | | | | OCS-G-13672 | | NAUTILUS (VK 734) | | PRZL0383 | | DEPI |
L012965 | | | | OCS-G 16515 | | NAUTILUS/ATLANTIS (MP280) | | PRZL0322 | | DEPI |
L021968 | | | | OCS-G 23524 | | NIOBRARA (DC577) | | PRZL0490 | | DEPI |
L022540 | | | | OCS-G 24056 | | NOT STIRRED (MC 210) | | PRZL0510 | | DEPI |
L013541 | | | | OCS-G 19216 | | OSPREY (GB 931) | | PRZT0148 | | DEPI |
L013273 | | | | OCS-G 18376 | | PEGASUS (GC 386) | | PRZL0377 | | DEPI |
L024352 | | | | ST OF TX M-103214 | | PILSNER (MI661-L) | | PRZT0197 | | DEPI |
L024353 | | | | ST OF TX M-103219 | | PILSNER (MI804-L) | | PRZT0198 | | DEPI |
L015040 | | | | OCS-G 20035 | | POPEYE, WEST (GC 115) | | PRZL0387 | | DEPI |
L028368 | | | | OCS-G 28035 | | PROWLER (MC1001) | | PRZL0637 | | DEPI |
L028367 | | | | OCS-G 28031 | | PROWLER (MC957) | | PRZL0636 | | DEPI |
L024177 | | | | ST OF TX M-103226 | | REDHEAD EAST | | PRZT0193 | | DEPI |
L024178 | | | | ST OF TX M-103227 | | REDHEAD EAST | | PRZT0193 | | DEPI |
L023471 | | | | ST OF TX M-102894 | | REDHEAD NORTH | | PRZT0194 | | DEPI |
L024174 | | | | ST OF TX M-103222 | | REDHEAD NORTH | | PRZT0194 | | DEPI |
L024175 | | | | ST OF TX M-103223 | | REDHEAD NORTH | | PRZT0194 | | DEPI |
L024176 | | | | ST OF TX M-103224 | | REDHEAD NORTH | | PRZT0194 | | DEPI |
L018734 | | | | OCS-G 18207 | | RIGEL (MC 252) | | PRZL0419 | | DEPI |
L022539 | | | | OCS-G 24055 | | SHAKEN (MC 209) | | PRZL0509 | | DEPI |
L021969 | | | | OCS-G 23528 | | SPIDERMAN (DC620) | | PRZL0492 | | DEPI |
L015098 | | | | ST OF TX M-099243 | | STIRRUP | | PRZT0159 | | DEPI |
L015099 | | | | ST OF TX M-099244 | | STIRRUP | | PRZT0159 | | DEPI |
L015100 | | | | ST OF TX M-099245 | | STIRRUP | | PRZT0159 | | DEPI |
L015104 | | | | ST OF TX M-099269 | | STIRRUP | | PRZT0159 | | DEPI |
L015105 | | | | ST OF TX M-099270 | | STIRRUP | | PRZT0159 | | DEPI |
L015106 | | | | ST OF TX M-099273 | | STIRRUP | | PRZT0159 | | DEPI |
L013272 | | | | OCS-G 18367 | | THUNDERBALL (GC 342) | | PRZL0376 | | DEPI |
L028380 | | | | OCS-G 27946 | | TIMBALIER, S 298 S-ADD | | PRZL0634 | | DEPI |
L024597 | | | | OCS-G 1244 | | TIMBALIER, S 72 | | PRZL0551 | | DEPI |
L024597 | | | | OCS-G 1244 | | TIMBALIER, S 72 | | PRZL0551 | | DEPI |
L021892 | | | | OCS-G 16644 | | TRITON SHALLOW (MC728) | | PRZL0485 | | DEPI |
L021873 | | | | OCS-G 16647 | | TRITON SHALLOW (MC772) | | PRZL0487 | | DEPI |
L018881 | | | | ST OF LA 1008 | | UPSEIS I (SOUTH PASS 24) | | PRZL0417 | | DEPI |
L018882 | | | | ST OF LA 1007 | | UPSEIS I (SOUTH PASS 24) | | PRZL0417 | | DEPI |
L003417 | | 00 | | OCS-G-2082 | | VERMILION 268 S-ADD | | PRZL0050 | | DEPI |
L022878 | | | | OCS-G 21599 | | VERMILION 276 | | PRZL0532 | | DEPI |
L022170 | | | | OCS-G 23806 | | VERMILION 47 | | PRZL0523 | | DEPI |
L026407 | | | | OCS-G 23508 | | WEST RAPTOR (DC401) | | PRZL0577 | | DEPI |
L015377 | | | | OCS-G 20800 | | WILD THING (GB 841) | | PRZT0170 | | DEPI |
L028450 | | | | OCS-G 27786 | | CAMERON, W 151 | | PRZL0645 | | DEPI |
S028515 | | | | OCS-G 30005 | | THUNDER HAWK (MC 734) | | PRZL0432 | | DEPI |
Schedule 4.12-31
Preferential Purchase Rights- Drilling Contracts
Rig Share Agreement among Anadarko Petroleum Corporation, DEPI and Kerr-McGee Oil and Gas Corporation and ENSCO Offshore Company, dated September 19, 2005
Schedule 4.1.2 - 32
Preferential Purchase Rights- Land Contracts
NOTE: Contracts that are listed more than once apply to multiple prospects.
| | | | | | | | | | | | | | | | | | |
Contract Number | | Contract Description | | Group | | File Type | | Prospect Name | | Prospect Code | | St | | County | | Dominion Party | | Business Unit |
7038 | | HI350/WC633 JOA | | JOA | | JOINT OPERATING AGREEMENT | | CAMERON, W 633 S-ADD | | PRZL0068 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
ZL00490003 | | VR267 S/2 S-ADD TAX PART AGMT | | LND | | MISCELLANEOUS | | VERMILION 267 S/2 S-ADD | | PRZL0049 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
ZL01590001 | | EC332 S-ADD JT OPER AGMT | | JOA | | JOINT OPERATING AGREEMENT | | CAMERON, E 332 S-ADD | | PRZL0159 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
7163 | | GC116 POPEYE UNIT O/A | | JOA | | UNIT & UNIT OPERATING AGMT | | GREEN CANYON 116 | | PRZL0257 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
7163 | | GC116 POPEYE UNIT O/A | | JOA | | UNIT & UNIT OPERATING AGMT | | POPEYE (GC72) | | PRZL0259 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
7186 | | SS247,248,249,270,271 CO-DEV AGMT | | JOA | | CO-DEVELOPMENT AGREEMENT | | SHIP SHOAL 247 S-ADD | | PRZL0092 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
7186 | | SS247,248,249,270,271 CO-DEV AGMT | | JOA | | CO-DEVELOPMENT AGREEMENT | | SHIP SHOAL 248 S-ADD | | PRZL0024 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
7186 | | SS247,248,249,270,271 CO-DEV AGMT | | JOA | | CO-DEVELOPMENT AGREEMENT | | SHIP SHOAL 249 S-ADD | | PRZL0025 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
7186 | | SS247,248,249,270,271 CO-DEV AGMT | | JOA | | CO-DEVELOPMENT AGREEMENT | | SHIP SHOAL 270 S-ADD | | PRZL0026 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
7186 | | SS247,248,249,270,271 CO-DEV AGMT | | JOA | | CO-DEVELOPMENT AGREEMENT | | SHIP SHOAL 271 S-ADD | | PRZL0027 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
7206 | | MP223 F/O/OPER AGMT | | JOA | | FARMOUT AGREEMENT | | MAIN PASS 223 S/E-ADD | | PRZL0297 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
7214 | | GI110 EXPL AGMT | | JOA | | EXPLORATION AGREEMENT | | GRAND ISLE 110 S-ADD | | PRZL0267 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
Schedule 4.12 - 33
| | | | | | | | | | | | | | | | | | |
Contract Number | | Contract Description | | Group | | File Type | | Prospect Name | | Prospect Code | | St | | County | | Dominion Party | | Business Unit |
ZL00920016 | | SS247 S-ADD PLAT AGMT | | JOA | | PLATFORM SHARING/USE | | SHIP SHOAL 247 S-ADD | | PRZL0092 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
ZL00230001 | | SS246 JOA | | JOA | | JOINT OPERATING AGREEMENT | | SHIP SHOAL 246 S-ADD | | PRZL0023 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
7141 | | ST276 OPER AGMT | | JOA | | JOINT OPERATING AGREEMENT | | TIMBALIER, S 276 | | PRZL0229 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
7156 | | EI308, 315 OPERATING AGMT | | JOA | | JOINT OPERATING AGREEMENT | | EUGENE ISL 308 S-ADD | | PRZL0014 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
7181 | | GI110, 115 OP & LTR AGMT (DEEP RGHT) | | JOA | | LETTER OF AGREEMENT | | GRAND ISLE 110 S-ADD | | PRZL0267 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
ZL01110008 | | ST185 TRANS SVC | | JOA | | TRANSPORTATION SERVICE | | TIMBALIER, S 185 | | PRZL0111 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
ZL04370001 | | CARAVEL (WC194) OP AGRMT DD 7/1/88 | | JOA | | JOINT OPERATING AGREEMENT | | CARAVEL (WC194) PROSPECT | | PRZL0437 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
312247 | | HI A-350 WC 663 JOA 7/1/03 APACHE/DEPI | | JOA | | JOINT OPERATING AGREEMENT | | CAMERON, W 633 S-ADD | | PRZL0068 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
314526 | | WC202 PARTICIPATION AGMT W/JOA (7-01-05) | | JOA | | PARTICIPATION AGREEMENT | | WEST CAMERON 202 PROSPECT | | PRZL0536 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
314564 | | TAYLOR (DC797) JOINT OPERATING AGMT | | JOA | | JOINT OPERATING AGREEMENT | | TAYLOR (DC797) PROSPECT | | PRZL0617 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
ZL02740002 | | WC293 OPERATING AGMT | | JOA | | JOINT OPERATING AGREEMENT | | CAMERON, W 293 W-ADD | | PRZL0274 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
ZL04420002 | | BS25 AND ST OF LA 17063 JOA | | | | JOINT OPERATING AGREEMENT | | ELECTRON NORTH (BS25 ST) PROSPECT | | PRZL0483 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
| | | | | | | | | |
ZL04420002 | | BS25 AND ST OF LA 17063 JOA | | | | JOINT OPERATING AGREEMENT | | ELECTRON NORTH (BS25) PROSPECT | | PRZL0450 | | LA | | OFFSHORE | | DEPI | | OFFSHORE |
Schedule 4.12 - 34
ATTACHEDTOANDMADEPARTOFTHATCERTAIN OFFSHORE PACKAGE PURCHASE AGREEMENTBYANDBETWEEN
DOMINION EXPLORATION & PRODUCTION, INC.AND ENI PETROLEUM CO. INC.
SCHEDULE 4.14(a)
EQUIPMENT DISCLOSURES
Any and all idled or abandoned equipment; provided, however, none of such equipment shall be necessary for the maintenance of normal operations in accordance with past practices.
Schedule 4.14(a) - 1
ATTACHEDTOANDMADEPARTOFTHATCERTAIN OFFSHORE PACKAGE PURCHASE AGREEMENTBYANDBETWEEN
DOMINION EXPLORATION & PRODUCTION, INC.AND ENI PETROLEUM CO. INC.
SCHEDULE 4.14(b)
WELL DISCLOSURES
WEST CAMERON 72 #1
WEST CAMERON 72 #2
WEST CAMERON 72 #3
Schedule 4.14(b) - 1
ATTACHEDTOANDMADEPARTOFTHATCERTAIN OFFSHORE PACKAGE PURCHASE AGREEMENTBYANDBETWEEN
DOMINION EXPLORATION & PRODUCTION, INC.AND ENI PETROLEUM CO. INC.
SCHEDULE 4.17
OUTSTANDING CAPITAL COMMITMENTS
Offshore Approved Net AFE - ITD Spend > $2 Million
Active Projects Only as of March 31, 2007
| | | | | | | | | | | | | | |
| | | | | | | |
Project | | AFE Description | | Type | | Category | | Basin | | AFE Net | | ITD 3/31/07 | | AFE - ITD |
DC0700782 | | WC 132 #2 (SIPH-D, CRIS R-3) | | Capital | | Exploratory Drill & Compl | | SHELF | | 37,445,057 | | 28,287 | | 37,416,770 |
DC0603467 | | VK 959 #1 (CROWN & ANCHOR PROSPECT) DRL & COMPLETE | | Capital | | Exploratory Drill & Compl | | DEEP | | 22,438,377 | | 125,216 | | 22,313,161 |
DC0600802 | | MC 961 #1 ST 1 Q PROSPECT COMPLETE | | Capital | | Exploratory Complete-Non Op | | DEEP | | 18,114,786 | | 551,823 | | 17,562,963 |
F0503954 | | DC 620/621 SPIDERMAN & DC 618/619 SAN JACINTO | | Capital | | Construction-Facilities-Non Op | | DEEP | | 58,286,464 | | 43,133,992 | | 15,152,473 |
F0604678 | | GC 385 PEGASUS PRE-SANCTION LONG LEAD EQUIPMENT | | Capital | | Construction-Facilities | | DEEP | | 9,021,320 | | 30,116 | | 8,991,204 |
DC0500683 | | DC 618, SS1, ST00BP00 COMPLETION | | Capital | | Development Complete | | DEEP | | 12,444,266 | | 5,681,868 | | 6,762,398 |
DC0604701 | | MC 734 #4 (THUNDER HAWK) DRILL WELL | | Capital | | Development Drill & Compl-Non Op | | DEEP | | 17,031,250 | | 10,513,319 | | 6,517,931 |
F0503952 | | DC 620/621 SPIDERMAN SUBSEA WELL DEVELOPMENT | | Capital | | Construction-Facilities-Non Op | | DEEP | | 16,111,721 | | 10,397,956 | | 5,713,765 |
W0700767 | | DEVILS TOWER RIG STANDBY -- NABORS P140 | | Capital | | Capital Workovers | | DEEP | | 5,175,000 | | 139,019 | | 5,035,981 |
F0603710 | | MC 734 (THUNDER HAWK) SUBSEA IPT | | Capital | | Construction-Facilities-Non Op | | DEEP | | 5,659,088 | | 799,500 | | 4,859,588 |
W0700626 | | GC 338 #A-4 (FRONT RUNNER) RECOMPLETE | | Capital | | Capital Workovers-Non Op | | DEEP | | 8,380,500 | | 5,270,637 | | 3,109,863 |
F0604575 | | MC 920 INDEPENDENCE HUB FACILITY | | Capital | | Construction-Facilities-Non Op | | DEEP | | 3,202,219 | | 158,489 | | 3,043,730 |
L0700028 | | 2007 DEPI GOM DEEPWATER DELAY RENTAL | | Capital | | Delay Rental-Exploratory | | DEEP | | 3,200,000 | | 301,498 | | 2,898,502 |
DC0604747 | | WC132 #2: LONG LEAD TIME EQUIP FOR COMPLETION | | Capital | | Exploratory Complete | | SHELF | | 4,161,000 | | 1,432,077 | | 2,728,923 |
R0504309 | | VR313A HURRICANE RITA PLATFORM REMOVAL | | Retirement | | Retirement Pltfm Removal | | SHELF | | 3,000,000 | | 327,421 | | 2,672,579 |
DC0502903 | | MC 734 (THUNDER HAWK) PROCURE LONG LEAD ITEMS & | | Capital | | Development Complete-Non Op | | DEEP | | 8,525,000 | | 5,864,238 | | 2,660,762 |
DC0601110 | | SPIDERMAN DC 620 #1 COMPLETION | | Capital | | Development Complete-Non Op | | DEEP | | 9,180,679 | | 6,777,836 | | 2,402,843 |
Other Offshore
Capital
Commitments
Two additional Offshore AFEs have been approved since March 31, 2007, shown below. The Thunderhawk MC 734 #5 project is underway and the Front Runner A-2 ST should begin within the next few weeks. Thunderhawk AFE DC0701891 for $3.4 million net covers the batch set of 36”, 28” and 22” casing. An additional AFE in the amount of $5.71 million net was also approved to cover the batch set 16” and 13 5/8” casing. After the 13 5/8” casing is set, operations on the MC 734 #5 well will be suspended until after hurricane season; any post-hurricane season drilling that remains may occur in late 2007 or into 2008. The estimated cost for the 2007 post-hurricane season work is $9.6 million net. Total estimated cost for all three MC 734 #5 phases is $18.8 million net.
| | | | | | | | | | | | | | |
AFE Number | | Description | | Type | | Category | | Basin | | AFE Net $ | | ITD 3/31/07 | | AFE -ITD |
DC0701891 | | MC 734 #5 Thunderhawk Batch Set | | Capital | | Development Drill & Compl-Non Op | | Deep | | 9,109,500 | | | | |
DC0701851 | | GC 338 #A-2 ST3 (Front Runner) Sidetrack and Complete | | Capital | | Development Drill & Compl-Non Op | | Deep | | 12,872,250 | | | | |
To be provided | | MC 734 #5 Thunderhawk Batch Set (16” and 13-5/8” casing) | | Capital | | Development Drill & Compl-Non Op | | Deep | | 5,710,000 | | | | |
Three additional AFEs will likely be approved within the next several weeks. Both WC projects would have substantial non-consent penalties; timing is probably late 2Q-3Q 2007. E&P management has also given the OBU guidance to proceed with the Vermilion 167 well at 100% WI based on rig commitment. The well is expected to spud late 2Q 2007 and carry over into the third quarter.
| | | | | | | | | | | | | | |
AFE Number | | Description | | Category | | Category | | Basin | | AFE Net $ | | ITD 3/31/07 | | AFE - ITD |
DC0701928 | | WC 77 B-5 ST2 - Sidetrack Well | | Capital | | Development Drill & Compl-Non Op | | Shelf | | 8,239,605 | | | | |
W0701923 | | WC 76 #A-1 - Add Perfs in MA2/MA1 | | Capital | | Capital Workovers-Non Op | | Shelf | | 3,739,222 | | | | |
In progress | | Vermilion 167 #1 Exploratory Well | | Capital | | Exploratory Drill & Compl | | Shelf | | 22,400,000 | | | | |
Schedule 4.17 - 1
ATTACHEDTOANDMADEPARTOFTHATCERTAIN OFFSHORE PACKAGE PURCHASE AGREEMENTBYANDBETWEEN
DOMINION EXPLORATION & PRODUCTION, INC.AND ENI PETROLEUM CO. INC.
SCHEDULE 4.18
INSURANCE
| | | | | | | | | | |
Name Insured is as noted. Policy is not transferable. | | 2006 Project Wishbone Insurance In-Force Report Valued as of November 3, 2006 | | |
| | | | | | | | | | |
Description of Coverage | | Insurer | | Policy Number | | Policy Period | | Amount of Coverage | | Deductible |
OPERATOR’S EXTRA EXPENSE | | | | | | | | | | |
| | | | | |
Named Insured: Dominion Resources, Inc. | | | | | | | | | | |
Primary Operator’s Extra Expense | | Lloyds | | AHA0603054 (23.5% - Excluding Wind) | | 9/1/2006 | | $10 million Area 1 | | $2 million Area 1 and Area 2 wells |
Dominion’s Interest Only | | | | | | 9/1/2007 | | $35 million Area 2 | | $5 million Area 2 Wet and all Area 3 wells |
Onshore-Offshore | | | | | | | | $50 million Area 2 Wet/Area 3 Shelf | | |
Additional Named Insureds: DEPI, DADI, DMSI, DOTEPI, DME, DBW, D Reserves | | | | | | | | $100 million Area 3 Deepwater | | |
| | | | | | | | $2 million Care, Custody & Control | | $250 K Care, Custody & Control |
| | | | AHA0603041 (76.5% - Including Wind) | | 9/1/2006 | | $10 million Area 1 | | $2 million Area 1 and Area 2 wells |
| | | | | |
| | | | | | 9/1/2007 | | $35 million Area 2 | | $5 million Area 2 Wet and all Area 3 wells |
| | | | | | | | $50 million Area 2 Wet/Area 3 Shelf | | |
| | | | | | | | $100 million Area 3 Deepwater | | |
| | | | | | | | $2 million Care, Custody & Control | | $250 K Care, Custody & Control |
Schedule 4.18 - 1
| | | | |
Name Insured is Dominion Resources, Inc. on all policies listed below. Policies are not transferable. | | 2006 Project Wishbone Insurance In-Force Report Valued as of November 3, 2006 |
| | | | | | | | | | |
Description of Coverage | | Insurer | | Policy Number | | Policy Period | | Amount of Coverage | | Deductible |
DIRECTORS & OFFICERS LIABILITY | | | | | | | | | | |
| | | | | |
D&O Liability | | AEGIS | | D008A1A06 | | 9/1/2006 | | $35 million | | $0/$0 |
Covers Corporate Officers and Directors | | | | | | 9/1/2007 | | | | Individual $10million |
| | | | | | | | | | Corporate |
| | | | | |
Excess | | EIM | | 290236-06DO | | 9/1/2006 | | $50 million | | Underlying |
| | | | | | 9/1/2007 | | X $35 million | | |
| | | | | |
Excess | | Hartford | | 00 DA 0219782 06 | | 9/1/2006 | | $15 million | | Underlying |
| | | | | | 9/1/2007 | | X $85 million | | |
| | | | | |
Excess | | Houston Casualty Co. | | 14MG06A8248 | | 9/1/2006 | | $15 million | | Underlying |
| | | | | | 9/1/2007 | | X $100 million | | |
| | | | | |
Excess | | RSUI Indemnity Company | | NHS622612 | | 9/1/2006 | | $10 million | | Underlying |
| | | | | | 9/1/2007 | | X $115 million | | |
| | | | | |
Excess | | AWAC | | C000881/005 | | 9/1/2006 | | $15 million | | Underlying |
| | | | | | 9/1/2007 | | X $125 million | | |
| | | | | |
Excess | | Zurich | | DOC2725573-06 | | 9/1/2006 | | $12.5 million | | Underlying |
| | | | | | 9/1/2007 | | X $140 million | | |
| | | | | |
Excess | | Westchester Fire Ins. Co. (ACE) | | DOXG21943630002 | | 9/1/2006 | | $10 million | | Underlying |
| | | | | | 9/1/2007 | | X $152.5 million | | |
| | | | | |
Excess | | AXIS Reinsurance Co. | | RAN 709689/01/2006 | | 9/1/2006 | | $12.5 million | | Underlying |
| | | | | | 9/1/2007 | | X $162.5 million | | |
| | | | | |
Excess | | St. Paul | | EC06800624 | | 9/1/2006 | | $10 million | | Underlying |
| | | | | | 9/1/2007 | | X $175 million | | |
| | | | | |
Excess | | Arch Speciality Ins. Co. | | DOX0009800-01 | | 9/1/2006 | | $15 million | | Underlying |
| | | | | | 9/1/2007 | | X $185 million | | |
| | | | | |
Excess | | Starr Excess | | 6243848 | | 9/1/2006 | | $25 million | | Underlying |
| | | | | | 9/1/2007 | | X $200 million | | |
| | | | | |
Excess | | XL Bermuda | | BM00022256DO06A | | 9/1/2006 | | $25 million | | Underlying |
| | | | | | 9/1/2007 | | X $225 million | | |
| | | | | |
Excess & DIC - Side A Coverage | | XL Specialty Insurance Co. | | ELU 094006-06 | | 9/1/2006 | | $25 million | | Underlying |
| | | | | | 9/1/2007 | | X 250 million | | |
Schedule 4.18 - 2
| | | | | | | | |
Name Insured is Dominion Resources, Inc. on all policieslisted below. Policies are not transferable. | | 2006 Project Wishbone Insurance In-Force Report Valued as of November 3, 2006 |
| | | | | | | | | | |
Description of Coverage | | Insurer | | Policy Number | | Policy Period | | Amount of Coverage | | Deductible |
| | | | | |
Excess & DIC - Side A Coverage | | Arch Insurance (Bermuda) | | ABX0017697-00 | | 9/1/2006 9/1/2007 | | $12.5 million X $275 million | | Underlying |
| | | | | |
Excess & DIC - Side A Coverage | | Executive Risk Indemnity, Inc. (Chubb) | | 8173-0204 | | 9/1/2006 9/1/2007 | | $12.5 million X $287.5 million | | Underlying |
| | | | | |
| | Total Directors & Officers: | | | | | | $300 million | | |
| | | | | |
FIDUCIARY LIABILITY | | | | | | | | | | |
| | | | | |
Fiduciary - Primary Covers all Fiduciaries for Employee Benefit Plans | | AEGIS | | F0008A1A06 | | 9/1/2006 9/1/2007 | | $15 million | | $1,000,000 Sponsor Organization and all Employee Benefit Plans $0 Natural Persons $10,000,000 Securities Claims |
| | | | | |
Fiduciary Excess | | XL Speciality Insurance Company (XL Professional) | | ELU093995-06 | | 9/1/2006 9/1/2007 | | $20 million X $15 million | | Underlying |
| | | | | |
Fiduciary Excess | | EIM | | 270208-06FL | | 9/1/2006 9/1/2007 | | $25 million X $35 million | | Underlying |
| | | | | |
Fiduciary Excess | | St. Paul Mercury | | ECO6800625 | | 9/1/2006 9/1/2007 | | $10 million X $60 million | | Underlying |
| | | | | |
Fiduciary Excess | | HCC Global | | 14-MG-06-A8247 | | 9/1/2006 9/1/2007 | | $15 million X $70 million | | Underlying |
| | | | | |
Fiduciary Excess | | Axis Reinsurance Co. | | RAN 709688/01/2006 | | 9/1/2006 9/1/2007 | | $15 million X $85 million | | Underlying |
| | | | | |
| | Total Fiduciary Liability: | | | | | | $100 million | | |
| | | | | |
CRIME | | | | | | | | | | |
| | | | | |
Blanket Crime - Primary Employees Fidelity | | Chubb | | 8152-8584 | | 5/1/2006 5/1/2007 | | $25 million | | $1,000,000 Insuring Clauses I-V $100,000 Insuring Clauses VI-VII |
| | | | | |
(including computer fraud) | | | | | | | | | | |
| | | | | |
Blanket Crime - Excess | | Great American | | SAA3756978 | | 5/1/2006 5/1/2007 | | $25 million X $25 million | | Underlying |
| | | | | |
| | Total Blanket Crime:(Excluding Morgantown) | | | | | | $50 million | | |
| | | | | |
Special Crime | | Chubb | | 8160-94-51 | | 9/1/2004 9/1/2007 | | $25 million | | None |
| | | | | |
| | Total Special Crime: | | | | | | $25 million | | |
| | | | | |
EXCESS LIABILITY | | | | | | | | | | |
| | | | | |
Excess Liability (TRIA included) | | AEGIS | | X0008A1A06 | | 9/1/2006 | | $35 million | | $2.5 MM ded in general |
Schedule 4.18 - 3
| | | | | | | | | | |
Name Insured is Dominion Resources, Inc. on all policies listed below. Policies are not transferable. | | 2006 Project Wishbone Insurance In-Force Report
Valued as of November 3, 2006 | | |
| | | | | |
Description of Coverage | | Insurer | | Policy Number | | Policy Period | | Amount of Coverage | | Deductible |
Bodily Injury and Property Damage for claims made by third parties. Including but not limited to excess employers’, auto non-owned & owned aircraft and pollution coverage. | | | | | | 9/1/2007 | | | | $2MM/$4.5 aggregate $1,000,000 maintenance |
| | | | | |
Punitive Damages Coverage (TRIA included) | | AEGIS Bermuda | | B0008A1A06 | | 9/1/2006
9/1/2007 | | $35 million (part of, not in addition to AEGIS liab. limit) | | $2.5 MM ded in general |
| | | | | |
Excess Liability (TRIA included & non-certified) | | EIM | | 501708-06GL | | 9/1/2006
9/1/2007 | | $100mm $100mm xs $35mm | | Underlying |
| | | | | |
Excess Liability (TRIA & non-cert included) | | AEGIS 1225 | | AK0600726 | | 9/1/2006 9/1/2007 | | $25mm $25mm x $135mm | | Underlying |
| | | | | |
Excess Liability (TRIA included) | | Lloyds, London (Wellington lead) | | AK0600727 | | 9/1/2006 | | $140mm | | Underlying |
| | | | | | 9/1/2007 | | $140mm xs $160mm | | |
| | | | | |
Excess Liability (TRIA & non-cert included) | | XL Bermuda | | TBA | | 9/1/2006 9/1/2007 | | $100mm $100mm xs $300mm | | Underlying |
| | | | | |
Excess Liability (TRIA & non-cert included) | | ACE Bermuda | | DOM1212/AE01 | | 9/1/2006 9/1/2007 | | $100mm $100mm xs $400mm | | Underlying |
| | Total Excess Liability: | | | | | | $500 million | | |
| | | | | |
AUTOMOBILE | | | | | | | | | | |
| | | | | | | | | | |
| | | | | |
Automobile Liability | | Liberty Mutual | | AS2-681-004097-166 | | 9/1/2006 | | $2 million | | $2 million |
| | | | | |
Fronting Policy | | | | | | 9/1/2007 | | | | |
| | | | | |
WORKERS’ COMPENSATION | | | | | | | | | | |
| | | | | |
STATE FUNDS WC | | | | | | | | | | |
| | | | | |
Dominion Resources Services, Inc. (Canada) | | Canadian Workers’ Comp Board
(WCB) | | 4601675 | | 10/15/2002/cont | | | | |
| | | | | |
WC PAID LOSS DEDUCTIBLE PLAN | | | | | | | | | | |
Dominion Resources, Inc. (paid loss retro) (excludes self-insured and state fund OH/WV exposures) Includes USL&H | | Liberty Mutual | | WA7-68D-004097-216
WC7-681-004097-316 | | 5/1/2006
4/1/2007 | | Statutory/$1 million
Employers Liability | | $500,000 WC $500,000 EL |
| | | | | |
PACKAGE PROPERTY PROGRAM | | | | | | | | | | |
All Risks of Direct Physical Loss and | | Lloyds | | AH0502743, AH0502731, AH0502761, | | 9/1/2006 | | $500 million | | $5 M per occurrence |
Schedule 4.18 - 4
| | |
Name Insured is Dominion Resources, Inc. on all policies listed below. Policies are not transferable. | | 2006 Project Wishbone Insurance In-Force Report Valued as of November 3, 2006 |
| | | | | | | | | | |
Description of Coverage | | Insurer | | Policy Number | | Policy Period | | Amount of Coverage | | Deductible |
| | | | | |
Damage including Boiler & Machinery | | Various Other | | AH0502757, AH0502762, AH0502748, AN0501267 | | 9/1/2007 | | | | 45 Days (BI) |
| | | | | |
Breakdown, Flood, EQ and Business | | | | | | | | | | |
Interruption, and Terrorism. | | | | | | | | | | |
| | | | | |
ENGINEERING FEES | | Hartford Steam Boiler | | ST 260-95-15 | | 9/1/2005 | | | | |
Schedule 4.18 - 5
ATTACHEDTOANDMADEPARTOFTHATCERTAIN OFFSHORE PACKAGE PURCHASE AGREEMENTBYANDBETWEEN
DOMINION EXPLORATION & PRODUCTION, INC.AND ENI PETROLEUM CO. INC.
SCHEDULE 4.19
ABSENCE OF CERTAIN CHANGES
1. | On April 20, 2007, Seller received notice from Murphy, operator for the Front Runner Field, that the A-1 Well in the Front Runner Field had experienced a collapsed formation. A workover will be required to restore production from the well. |
2. | On April 23, 2007, a mooring line on the Amos Runner drilling rig failed during completion operations on the Desoto Canyon 618 SS #2 well. As a result of the line failure, an emergency disconnect was implemented. As of the date of this Agreement, Seller is in the process of deploying a new mooring line to the drilling rig. |
Schedule 4.19 - 1
ATTACHEDTOANDMADEPARTOFTHATCERTAIN OFFSHORE PACKAGE PURCHASE AGREEMENTBYANDBETWEEN
DOMINION EXPLORATION & PRODUCTION, INC.AND ENI PETROLEUM CO. INC.
SCHEDULE 4.20(c)
PERSONS WITH KNOWLEDGE
Any representation “to the knowledge of Seller” or “to Seller’s knowledge” is limited to matters within the actual knowledge of the following individuals:
| | |
Duane C. Radtke | | CNG Executive Vice President; DEPI President and Chief Executive Officer |
| |
Steven A. Rogers | | CNG Senior Vice President and Chief Accounting Officer |
| |
James F. Stutts | | CNG Senior Vice President and General Counsel |
| |
Karen E. Hunter | | CNG Vice President, Tax |
| |
Patricia A. Wilkerson | | CNG Vice President and Corporate Secretary; DEPI Vice President and Secretary |
| |
Pamela F. Faggert | | DEPI Vice President, Chief Environmental Officer |
| |
Dennis G. Millet | | DEPI Vice President, Financial Management |
| |
Timothy S. Parker | | DEPI Senior Vice President |
| |
Malcolm Johns | | DEPI Deputy General Counsel |
| |
Richard L. Fowler | | DEPI Vice President, Offshore Business Unit |
| |
Michael A. Ackal | | DEPI General Manager Land & Business Development - Offshore Business Unit |
| |
Stephen D. Longon | | DEPI General Manager Operations - Offshore Business Unit |
Schedule 4.20(c) - 1
ATTACHEDTOANDMADEPARTOFTHATCERTAIN OFFSHORE PACKAGE PURCHASE AGREEMENTBYANDBETWEEN
DOMINION EXPLORATION & PRODUCTION, INC.AND ENI PETROLEUM CO. INC.
SCHEDULE 5.5
CONSENTS, APPROVALS OR WAIVERS
Approval or expiration of the waiting period under the HSR Act
Schedule 5.5 - 1
ATTACHEDTOANDMADEPARTOFTHATCERTAIN OFFSHORE PACKAGE PURCHASE AGREEMENTBYANDBETWEEN
DOMINION EXPLORATION & PRODUCTION, INC.AND ENI PETROLEUM CO. INC.
SCHEDULE 6.4
2007 PLAN
DOMINION E & P
Operating Cash Flow - OFFSHORE BU
2007-2011 Business Plan
(Dollars in Thousands)
| | | | |
October 31, 2006 Price Strip | | 2007 | |
| | Offshore | |
Gas Production (Mcf) | | | 89,427 | |
Less: Lease Fuel | | | (2,616 | ) |
Gas Sales (Mcf) | | | 86,811 | |
BTU Factor | | | 1,032 | |
Gas Sales (mmbtu) | | | 89,623 | |
Liquid Production (Bbl) | | | 11,823 | |
NGL Production (Bbl) | | | 1,222 | |
Equivalents (Mcf) | | | 167,697 | |
| |
PRICES | | | | |
NYMEX ($/MMBTU) | | $ | 7.86 | |
Basis | | | (0.03 | ) |
Premium/Deduct | | | (0.01 | ) |
% Index | | | 0.00 | |
Fuel Deduct | | | (0.09 | ) |
Transportation /mmbtu | | | (0.20 | ) |
Average Realized Gas Price ($/Mmbtu) | | $ | 7.53 | |
Average Realized Gas Price ($/Mcf) | | $ | 7.77 | |
| |
WTI ($/Bbl) | | $ | 64.59 | |
Differential ($/Bbl) | | | (5.61 | ) |
Transportation /Bbl | | | (2.24 | ) |
Basin Average Liquid Price ($/Bbl) | | $ | 56.74 | |
| |
NGL ($/Bbl) | | $ | 38.76 | |
% of Liquid Price | | | 60 | % |
Schedule 6.4 - 1
| | | | |
CALCULATED NET REVENUES | | | | |
Gas | | | 674,539 | |
Liquids | | | 670,868 | |
NGLs | | | 47,359 | |
Total | | | 1,392,765 | |
Average Realized Price ($/Mcfe) | | $ | 8.44 | |
| |
LIFTING COST | | | | |
Severance Taxes | | | 164 | |
Property Taxes | | | 66 | |
Property Insurance | | | 32,000 | |
Gas Well-Maintenance | | | 173,350 | |
| | | | |
Total O&M | | | 205,580 | |
| | | | |
Administrative & General | | | 37,665 | |
Service Company | | | 13,940 | |
| | | | |
Total A&G | | | 51,606 | |
Capitalized A&G | | | (23,416 | ) |
Total A&G Expensed | | | 28,190 | |
| |
Payroll & Other Taxes | | | 2,641 | |
| |
Operating Cash Flow | | | 1,156,354 | |
| |
VPP CONTRACTS | | | | |
Production (Mmbtu) | | | 474 | |
Production (Mcf) | | | 464 | |
VPP-related revenue excluded above | | | 3,637 | |
OCF with VPP volumes | | | 1,159,991 | |
| |
VPP Deferred Revenue Amortization | | | 1,978 | |
VPP Exchange Fees | | | 53 | |
Schedule 6.4 - 2
| | | | |
Dominion E&P Capital by Tax Category 2007 Plan (Dollars in Thousands) |
| | |
Offshore | | Exploration | | 168,890 |
| | Development | | 262,962 |
| | Production | | 96,894 |
| | Seismic | | 29,984 |
| | Lease Acq | | 79,156 |
| | Delay Rentals | | 6,197 |
| | Capitalized G&A | | 23,416 |
| | Facilities/Workovers | | 9,995 |
| | Generals | | 18,000 |
| | | | |
| | Total | | 695,493 |
Schedule 6.4 - 3
ATTACHEDTOANDMADEPARTOFTHATCERTAIN OFFSHORE PACKAGE PURCHASE AGREEMENTBYANDBETWEEN DOMINION EXPLORATION & PRODUCTION, INC.AND ENI PETROLEUM CO. INC.
SCHEDULE 8.4(d)
BANK INFORMATION
SELLER BANK INFORMATION:
JP Morgan Chase Bank
Account No. 9101450238
ABA No. 021-000-021
PURCHASER BANK INFORMATION:
JPMorgan Chase Bank
Houston, Texas
ABA No.: 021 000 021
For Credit of: Eni US Operating Co. Inc.
Account No.: 001 1334 4023
Swift (BIC) Code: CHASUS33
Schedule 8.4(d) - 1
ATTACHEDTOANDMADEPARTOFTHATCERTAIN OFFSHORE PACKAGE PURCHASE AGREEMENTBYANDBETWEEN DOMINION EXPLORATION & PRODUCTION, INC.AND ENI PETROLEUM CO. INC.
SCHEDULE 10.2(b)
MANAGING DIRECTORS
Michael A. Ackal
Stephen D. Longon
Schedule 10.2(b) - 1
ATTACHEDTOANDMADEPARTOFTHATCERTAIN OFFSHORE PACKAGE PURCHASE AGREEMENTBYANDBETWEEN DOMINION EXPLORATION & PRODUCTION, INC.AND ENI PETROLEUM CO. INC.
SCHEDULE 10.2(c)(i)
SUMMARY OF THE DOMINION E&P SPECIAL SEVERANCE PROGRAM
| | | | |
| | Full -Time Regular Non-Union Employee | | Part-Time Regular Non-Union Employee |
Eligibility | | Full time regular non-union employees. | | Part-time regular non-union employees (1000 or more hours) |
| | |
Advance Notice Period | | 2 months beginning the first day of the month | | Same as full-time |
| | |
Employment Termination Date | | Effective at end of day on last day of Advance Notice Period (or end of day on last day of Special Leave to Retire, if applicable) | | Same as full-time |
| | |
Severance Pay | | 1 month of pay for each full year and partial year of service, not to exceed 18 months. (For partial year, minimum 6 months of service rounds up to 1 full year.) Minimum of 6 months. Examples: 4 years of service = 6 months 11 1/2 years of service = 12 months 22 years of service = 18 months Years of service calculated through scheduled Employment Termination Date. Note: The Employment Service Date is used to calculate the amount of Severance Pay. Employees will receive credit for broken service if the length of the break was less than five years. | | The number of years (including any partial year) in which the employee served in part-time status immediately before the Advance Written Notice effective date will be divided by two. Maximum 18 months; minimum 6 months. Exception: A separate severance calculation will be done for part-time employees with previous full-time service. |
Schedule 10.2(c)(i) - 1
| | | | |
| | Full -Time Regular Non-Union Employee | | Part-Time Regular Non-Union Employee |
Method of Payment for Severance Pay | | Paid in installments according to the normal payroll payment schedules. May submit request for approval of lump sum payment; however, request for lump sum payment is not available to employees who qualify for and elect the Special Leave to Retire. | | Same as full-time |
| | |
Release | | Must be signed no later than end of Advance Notice Period in order to receive Severance Pay and benefits. Have 7 calendar days after signing release to revoke it. | | Same as full-time |
| | |
Outplacement Services | | Outplacement services are available at company expense through an independent firm. Do not have to sign release to get outplacement services. Must elect outplacement services within 6 months from the beginning of the Advance Notice Period. | | Same as full-time |
| | |
Medical Plan | | Coverage as employee continues through Employment Termination Date. Additional 18 months coverage available if elected under COBRA. Employee will be enrolled for the company paid first 6 months’ medical premiums, unless employee waives this coverage by signing and return the “Dominion Severance Program and Health Coverage – Highlights of What to Expect” form. Or if immediately eligible for retiree medical plan, the company will pay the first 6 months of the retiree’s contribution to the retiree medical plan. Employees on a Special Leave to Retire, upon retirement, are not eligible for the first 6 months of the company paid retiree’s contribution to the retiree medical plan. | | Same as full time if part-time employee (1000 or more hours) |
Schedule 10.2(c)(i) - 2
| | | | |
| | Full -Time Regular Non-Union Employee | | Part-Time Regular Non-Union Employee |
Life Insurance | | For employees who do not retire, current level of coverage continued at no cost for 6 months following scheduled Employment Termination Date; conversion privileges available after 6 months. For employees retiring immediately, if the Company is not otherwise paying the life insurance premium, the Company will pay the retiree life insurance for 6 months after retirement. Employees on a Special Leave to Retire, upon retirement, are not eligible for the first 6 months of company paid life insurance premiums. | | Same as full time if part-time employee (1000 or more hours) |
| | |
Dental and Vision Plans/Health Care Flexible Spending Account (FSA) | | 18 months continuation of coverage available if elected under COBRA; no free period of coverage | | Same as full time if part-time employee (1000 or more hours) |
| | |
Retirement Plan Benefit | | For employees age 55 and older who elect to retire, retirement benefit based on actual credited service and age; retirements are effective on the first day of the month following the end of the Advance Notice Period. See applicable Retirement Plan. Employees whose first early retirement date would have occurred during their severance pay period may elect a Special Leave to Retire prior to the end of the Advance Notice Period. Lump sum payment of severance cannot be requested. | | Same as full-time |
| | |
Dominion Savings Plan | | Vesting of non-vested balances; usual options available for distributions. | | Same as full-time |
Schedule 10.2(c)(i) - 3
| | | | |
| | Full -Time Regular Non-Union Employee | | Part-Time Regular Non-Union Employee |
Vacation | | Pay for unused earned vacation and personal/floating holidays as of the last day of Advance Notice Period (unless employees qualify for and elect Special Leave to Retire). | | Same as full time if part-time employee (1000 or more hours) |
| | |
Incentive Pay | | Eligibility under the Dominion Annual Incentive Plan is determined by the AIP guidelines for the Plan Year in which the Employment Termination Date occurs. If an employee qualifies for an award for the Plan Year, the employee will receive a prorated award for that year. Awards are typically paid in February following the end of the Plan Year. | | Same as full-time |
| | |
Education Assistance Program | | Reimbursed if the course has been approved and started prior to the start of the Advance Notice Period (within established guidelines). | | Not applicable |
| | |
Eligibility for benefits in the event of a DEPI divestiture | | Covered employee is eligible if employee’s job is eliminated due to a DEPI divestiture,unless: • employee receives a Qualifying Offer from the Buyer (whether employee accepts offer or not); or • employee accepts any offer from the Buyer (whether Qualifying or not); or • employee remains employed with Dominion. | | Same as full-time |
Schedule 10.2(c)(i) - 4
| | | | |
| | Full -Time Regular Non-Union Employee | | Part-Time Regular Non-Union Employee |
Qualifying Offer | | A Qualifying Offer of employment is an offer from the Buyer for which: (a) pay and benefits (including severance benefits) are comparable, in the aggregate, to the employee’s current pay and benefits;and (b) work location does not constitute a relocation from the employee’s current work location, under the existing guidelines of Dominion’s Relocation Policy. For pay and benefits to be comparable, the Buyer’s offer must include a severance benefit at least this favorable: during the first 12 months of employment with the Buyer, if the Buyer terminates the employment without cause, the Buyer will provide severance benefits with at least the following terms: • one month of base pay per year of service (minimum 6 months, maximum 18 months) • credit for Dominion service • outplacement services comparable to what this Program provides • eligibility if, during the first 12 months of employment, the Buyer eliminates the employee’s job and assigns the employee to a job requiring relocation (applying tax guidelines regarding relocation) | | |
Schedule 10.2(c)(i) - 5
ATTACHEDTOANDMADEPARTOFTHATCERTAIN OFFSHORE PACKAGE PURCHASE AGREEMENTBYANDBETWEEN
DOMINION EXPLORATION & PRODUCTION, INC.AND ENI PETROLEUM CO. INC.
SCHEDULE 10.2(c)(ii)
SPECIAL PACKAGE- MANAGING DIRECTORS
For Managing Directors, if terminated by the Purchaser and its Affiliates without cause (as defined below) within one year after starting employment with Purchaser, the following benefits would be paid or, if higher, the severance benefits that would be payable under any severance program maintained by the Purchaser and its Affiliates, including those provided under Schedule 10.2(c)(i) for Company U.S. Employees. These benefits are also payable on a Constructive Termination (as defined below) within one year after starting employment with Purchaser or its Affiliates.
| • | | A cash severance payment from the Purchaser and its Affiliates equal to monthly base salary for the number of months remaining in the employment protection period. The employment protection period is 12 months after beginning employment with the Purchaser and its Affiliates. |
| • | | A full target annual bonus for the current bonus period under the Purchaser and its Affiliates’ bonus program. |
| • | | Any unvested stock options under the Purchaser and its Affiliates’ program would be fully vested. The exercise period for all of options will be determined under the terms of the particular option. |
| • | | Any other equity-based awards under the Purchaser and its Affiliates’ program would be fully vested as well. |
| • | | Until the end of the employment protection period, the employee and his/her family will receive welfare benefits under the Purchaser and its Affiliates’ program that are the same as the welfare benefits (including, without limitation, disability, individual life and group life insurance benefits, but excluding medical or other health plans) provided before termination. If the employee obtains comparable coverage under any welfare plans sponsored by another employer, then the amount of coverage required to be provided will be reduced by the amount of coverage provided by the other employer’s welfare plans. The employment protection period is 12 months after beginning employment with the Purchaser and its Affiliates. |
| • | | COBRA rights for continuation of medical or other health plans and payment of COBRA premiums from the Purchaser and its Affiliates for 12 months. Eligibility for any retiree medical coverage will be determined under the relevant Purchaser plan. |
Cause is defined as (a) fraud or material misappropriation with respect to the business or assets of the Purchaser and its Affiliates, (b) persistent refusal or willful failure of the Managing
Schedule 10.2(c)(ii) - 1
Director to perform substantially his or her duties and responsibilities to the Purchaser or its Affiliates, which continues after the Managing Director receives notice of such refusal or failure, (c) conviction of a felony or crime involving moral turpitude, or (d) the use of drugs or alcohol that interferes materially with his or her performance of duties.
Constructive Termination means the Managing Director’s termination of employment by reason of any of the following:
| (a) | a reduction of the Managing Director’s annual base salary or a reduction in the Managing Director’s annual bonus opportunity in violation of Section 10.2(a); |
| (b) | a failure by the Purchaser or its Affiliates to provide the Managing Director with an increase in annual base salary or participation in bonus plans or incentive plans comparable to peer employees of the Purchaser in violation of Section 10.4; |
| (c) | a relocation of more than 50 miles of the Managing Director’s workplace, without the consent of the Managing Director; or |
| (d) | the failure of any successor to the Purchaser or its Affiliates to assume the obligations with respect to the Managing Director in this Schedule 10.2(c)(ii). |
Schedule 10.2(c)(ii) - 2
ATTACHEDTOANDMADEPARTOFTHATCERTAIN OFFSHORE PACKAGE PURCHASE AGREEMENTBYANDBETWEEN
DOMINION EXPLORATION & PRODUCTION, INC.AND ENI PETROLEUM CO. INC.
SCHEDULE 10.2(d)
EXECUTIVE AGREEMENTS TERMS AND CONDITIONS
For Executives, if terminated by the Purchaser and its Affiliates without cause (as defined below) within two years after starting employment, the following benefits would be paid or, if higher, the severance benefits that would be payable under any severance program maintained by the Purchaser and its Affiliates. These benefits are also payable on a Constructive Termination (as defined below) within two years after starting employment with a Purchaser and its Affiliates.
| • | | A cash severance payment from the Purchaser and its Affiliates equal to two years of annual base salary plus twice the target annual bonus for one year based on the executive’s salary and bonus at termination with the Purchaser and its Affiliates. |
| • | | A pro-rated target annual bonus for the current bonus period under the Purchaser and its Affiliates’ bonus program. |
| • | | Any unvested stock options under the Purchaser and its Affiliates’ program would be fully vested. The exercise period for all of options will be determined under the terms of the particular option. |
| • | | Any other equity-based awards under the Purchaser and its Affiliates’ program would be fully vested as well. |
| • | | Until the end of the employment protection period, the Executive and his/her family will receive welfare benefits under the Purchaser and its Affiliates’ program that are the same as the welfare benefits (including, without limitation, disability, individual life and group life insurance benefits, but excluding medical or other health plans) provided before termination. If the Executive obtains comparable coverage under any welfare plans sponsored by another employer, then the amount of coverage required to be provided will be reduced by the amount of coverage provided by the other employer’s welfare plans. The employment protection period is 24 months after beginning employment with the Purchaser and its Affiliates. |
| • | | COBRA rights for continuation of medical or other health plans and payment of COBRA premiums from the Purchaser and its Affiliates for 12 months. Eligibility for any retiree medical coverage will be determined under the relevant plan. |
| • | | If the Executive elects to convert any group term life insurance to an individual policy, the Purchaser and its Affiliates will pay all premiums for 12 months. |
| • | | Outplacement services from the Purchaser and its Affiliates up to $25,000. |
Schedule 10.2(d) -1
Cause is defined as (a) fraud or material misappropriation with respect to the business or assets of the Purchaser and its Affiliates, (b) persistent refusal or willful failure of the Executive to perform substantially his or her duties and responsibilities to the Purchaser or its Affiliates, which continues after the Executive receives notice of such refusal or failure, (c) conviction of a felony or crime involving moral turpitude, or (d) the use of drugs or alcohol that interferes materially with his or her performance of duties.
Constructive Termination means the Executive’s termination of employment by reason of any of the following:
| (a) | the failure of the Purchaser or its Affiliates to maintain the Executive in the office or position, or in a substantially equivalent office or position, held by the Executive as of the first day after the Closing Date; |
| (b) | a material adverse alteration in the nature or scope of the Executive’s position, duties, functions, responsibilities or authority as compared to the nature or scope as of the first day after the Closing Date; |
| (c) | a reduction of the Executive’s annual base salary or a reduction in the Executive’s annual bonus opportunity; |
| (d) | a failure by the Purchaser or its Affiliates to provide the Executive with an increase in annual base salary or participation in bonus plans or incentive plans comparable to peer employees of the Purchaser; |
| (e) | a relocation of more than 50 miles of (i) the Executive’s workplace, or (ii) the principal offices of the Purchaser or its Affiliates (if such offices are the Executive’s workplace), in either case, without the consent of the Executive; |
| (f) | to the extent the Purchaser or its Affiliates grants the Executive any stock options or other equity awards and to the extent the vesting and/or exercisability of such awards upon a change in control of the Purchaser or its Affiliates is not already addressed in any such awards, the failure of the Purchaser or its Affiliates to accelerate the vesting and/or exercisability of such awards upon a change in control of the Purchaser or its Affiliates; or |
| (g) | the failure of any successor to the Purchaser or its Affiliates to assume the obligations with respect to the Executive in this Schedule 10.2(d). |
Schedule 10.2(d) - 2
ATTACHEDTOANDMADEPARTOFTHATCERTAIN OFFSHORE PACKAGE PURCHASE AGREEMENTBYANDBETWEEN
DOMINION EXPLORATION & PRODUCTION, INC.AND ENI PETROLEUM CO. INC.
SCHEDULE 13.5
GUARANTEES
Guarantees
| | | | | | |
Guarantor | | Relevant Subsidiary/Primary Obligor | | Guarantee Date | | Beneficiary |
Consolidated Natural Gas Company | | Dominion Exploration & Production, Inc. | | 4/25/2006 | | United States Coast Guard |
Consolidated Natural Gas Company | | Dominion Exploration & Production, Inc. | | 8/15/2001 | | Williams Field Services - Gulf Coast |
Consolidated Natural Gas Company | | Dominion Exploration & Production, Inc. | | 2/18/2000 | | U.S. Department of Labor |
Consolidated Natural Gas Company | | Dominion Exploration & Production, Inc. | | 3/28/2003 | | SWEPI LP |
Consolidated Natural Gas Company | | Dominion Exploration & Production, Inc. | | 3/31/2004 | | Columbia Gas Trans Corp/Columbia Gulf Trans Corp |
Consolidated Natural Gas Company | | Dominion Exploration & Production, Inc. | | 12/2/2005 | | Morgan Stanley Capital Group, Inc.* |
Consolidated Natural Gas Company | | Dominion Exploration & Production, Inc. | | 5/17/2005 | | Minerals Management Service |
Consolidated Natural Gas Company | | Dominion Exploration & Production, Inc. | | 11/23/2006 | | ENSCO Offshore Company |
Consolidated Natural Gas Company | | Dominion Exploration & Production, Inc. | | 12/1/2005 | | Kerr-McGee Oil & Gas Corporation |
Consolidated Natural Gas Company | | Dominion Exploration & Production, Inc. | | 12/1/2005 | | Anadarko Petroleum Corporation |
Consolidated Natural Gas Company | | Dominion Exploration & Production, Inc. | | 9/29/2006 | | SBM Gulf Production, LLC |
Consolidated Natural Gas Company | | Dominion Exploration & Production, Inc. | | 11/9/2004 | | Independence Hub, LLC |
Dominion Exploration & Production, Inc. | | TDC Energy LLC | | 8/15/2003 | | Minerals Management Services of the U.S. Depart of the Interior |
* | indicates that the guarantee supports obligations relating not only to the Assets but also to activities of Seller that are not related to the Outer Continental Shelf or the state waters of Texas, Louisiana, Mississippi or Alabama in the Gulf of Mexico. |
Schedule 13.5 - 1
Bonds
| | | | | | | | | |
Estab Date | | Obligee | | Site/Project | | Description | | Amount |
8/27/04 | | Dept of Treasury | | International Carrier | | Customs Bond | | $ | 50,000 |
8/27/04 | | Dept of Treasury | | Importer | | Customs Bond | | $ | 50,000 |
8/27/04 | | Dept of Treasury | | International traffic | | Customs Bond | | $ | 20,000 |
4/12/00 | | State of Louisiana, Dept of Environmental Control | | “Norm” Treaters/Storers - Houma Yard | | License & Permit Bond | | $ | 100,000 |
4/12/00 | | U.S. Department of Interior, Minerals Management Service | | Outer Continental Shelf Lease | | Lease Bond | | $ | 300,000 |
4/12/00 | | U.S. Department of Interior, Minerals Management Service | | Outer Shelf Right-of-Way,Gulf of Mexico | | Right of Way Bond | | $ | 450,000 |
4/12/00 | | U.S. Department of Interior, Minerals Management Service | | Outer Continental Shelf Right-of-Way | | Right-of-Way Bond | | $ | 3,000,000 |
05/01/03 | | Railroad Commission of Texas | | Oil & Gas Well | | License & Permit Bond | | $ | 250,000 |
3/2/1999 | | U.S. Department of Interior, Minerals Management Service | | Outer Continental Shelf Right-of-Way | | Right of Way Bond (Transmission Company) | | $ | 300,000 |
Schedule 13.5 - 2