Exhibit 10.11
TRANSACTION CONFIRMATION DATED DECEMBER 14, 2004
BETWEEN ATLAS AMERICA, INC. AND UGI ENERGY SERVICES, INC.
D/B/A/ GASMARK
Revised EXHIBIT A
TRANSACTION CONFIRMATION
FOR IMMEDIATE DELIVERY
Atlas America, Inc. Date: December 14, 2004
Transaction Confirmation
#: ___________
This Transaction Confirmation is subject to the Base Contract between Seller
and Buyer dated November 13, 2002. The terms of this Transaction Confirmation
are binding unless disputed in writing within 2 Business Days of receipt
unless otherwise specified in the Base Contract.
SELLER: BUYER:
Atlas America, Inc. UGI Energy Services,
311 Rouser Corp. Inc. d/b/a GASMARK
Moon Two, PA 15108 1100 Berkshire
Attn: Michael Brecko Blvd., Suite 305
Phone: 412-262-2830x126 Wyomissing, PA 19610
Fax: 412-262-3927 Attn: Robert Meder
Base Contract No. Phone: 610-373-7989
Transporter: Fax: 610-374-4288
Transporter Contract Number: Base Contract No.
Transporter:
Transporter Contract Number:
Contract Price $________ /MMBtu or NYMEX LDS plus $.75 payable on Adjusted Mcfs.
Delivery Period: Begin: June 1, 2005 End: March 31, 2007
Performance Obligation and Contract Quantity: (Select One)
Firm (Fixed Quantity): Firm (Variable Quantity) Interruptible:
________ MMBtus/day 2,500 MMBtus/day Up to ________ MMBtus/day
|_| EFP subject to Section 4.2
at election of
|_| Buyer or |_| Seller
Delivery Point(s): Various meters located on Dominion East Ohio's pipeline
system
(If a pooling point is used, list a specific geographic and pipeline
location):
Special Conditions: Additional walls may be added upon mutual consent of the
parties. All gas produced under this agreement shall be produced from wells
located within the state of Ohio. Atlas America shall have trigger rights to
lock in prices. Adjusted Mcfs are the actual Mcfs at the meter converted to
MMBtu's using a conversion factor of 1.109 to get total MMBtu's. The total
MMBtu's are converted to Adjusted Mcfs by dividing the MMBtu's by a factor of
1.036. These conversion factors are set by Dominion East Ohio and are subject
to change by Dominion East Ohio.
Atlas America has chosen to lock in prices on the volumes produced each month
as per the attached "Confirmation of Price Locks".
All volumes sold in excess of the locked in volumes shall continue to be
priced as per the pricing clause above.
Seller: Atlas America, Inc. Buyer: UGI Energy Services,
Inc., d/b/a GASMARK
By:____________________________________ By:____________________________________
Title:_________________________________ Title: Vice President,
Gas Supply & Risk Management
Date:__________________________________ Date:__________________________________
- -------------------------------------------------------------------------------
Copyright (C) 2002 North American
Energy Standards Board, Inc. NAESB Standard 6.3.1
All Rights Reserved Page 1 of 10 April 19, 2002
Revised EXHIBIT A
TRANSACTION CONFIRMATION
FOR IMMEDIATE DELIVERY
Atlas America, Inc. Date: December 14, 2004
Transaction Confirmation
#: ___________
This Transaction Confirmation is subject to the Base Contract between Seller
and Buyer dated November 13, 2002. The terms of this Transaction Confirmation
are binding unless disputed in writing within 2 Business Days of receipt
unless otherwise specified in the Base Contract.
SELLER: BUYER:
Atlas America, Inc. UGI Energy Services,
311 Rouser Corp. Inc. d/b/a GASMARK
Moon Two, PA 15108 1100 Berkshire Blvd., Suite 305
Attn: Michael Brecko Wyomissing, PA 19610
Phone: 412-262-2830x126 Attn: Robert Meder
Fax: 412-262-3927 Phone: 610-373-7999
Base Contract No. Fax: 610-374-4288
Transporter: Base Contract No.
Transporter Contract Number: Transporter:
Transporter Contract Number:
Contract Price $________ /MMBtu or NYMEX LDS plus $.385 per Dth
Delivery Period: Begin: April 1, 2006 End: March 31, 2007
Performance Obligation and Contract Quantity: (Select One)
Firm (Fixed Quantity): Firm (Variable Quantity) Interruptible:
________ MMBtus/day 20,000 MMBtus/day Up to ________ MMBtus/day
|_| EFP subject to Section 4.2
at election of
|_| Buyer or |_| Seller
Delivery Point(s): Texas Eastern Meter Number 73133, Station Name of Prah and
the Joseph Meter in Market area M2
(If a pooling point is used, list a specific geographic and pipeline
location):
Special Conditions: Additional wells may be added upon mutual consent of the
parties. All gas produced under this agreement shall be produced from wells
located within the Commonwealth of Pennsylvania. Atlas America shall have
trigger rights to lock in prices.
Atlas America has chosen to lock in prices on the volumes produced each month
as per the attached "Confirmation of Price Locks".
All volumes sold in excess of any locked in volumes shall continue to be
priced as per the pricing clause above.
Seller: Atlas America, Inc. Buyer: UGI Energy Services,
Inc.,d/b/a GASMARK
By:____________________________________ By:____________________________________
Title:_________________________________ Title: Vice President,
Gas Supply & Risk Management
Date:__________________________________ Date:__________________________________
- -------------------------------------------------------------------------------
Copyright (C) 2002 North American
Energy Standards Board, Inc. NAESB Standard 6.3.1
All Rights Reserved Page 1 of 10 April 19, 2002