Case 16-32689 Document 354 Filed in TXSB on 09/02/16 Page 1 of 5 IN THE UNITED STATES BANKRUPTCY COURT FOR THE SOUTHERN DISTRICT OF TEXAS In re: ) Chapter 11 ) LINC USA GP, et al. 1 ) Case No. 16-32689 (DRJ) ) Debtors. ) (Jointly Administered) DEBTORS MOTION TO ASSUME UNEXPIRED LEASES OF NONRESIDENTIAL REAL PROPERTY THIS MOTION SEEKS AN ORDER THAT MAY ADVERSELY AFFECT YOU. IF YOU OPPOSE THE MOTION, YOU SHOULD IMMEDIATELY CONTACT THE MOVING PARTY TO RESOLVE THE DISPUTE. IF YOU AND THE MOVING PARTY CANNOT AGREE, YOU MUST FILE A RESPONSE AND SEND A COPY TO THE MOVING PARTY. YOU MUST FILE AND SERVE YOUR RESPONSE WITHIN 21 DAYS OF THE DATE THIS WAS SERVED ON YOU. YOUR RESPONSE MUST STATE WHY THE MOTION SHOULD NOT BE GRANTED. IF YOU DO NOT FILE A TIMELY RESPONSE, THE RELIEF MAY BE GRANTED WITHOUT FURTHER NOTICE TO YOU. IF YOU OPPOSE THE MOTION AND HAVE NOT REACHED AN AGREEMENT, YOU MUST ATTEND THE HEARING. UNLESS THE PARTIES AGREE OTHERWISE, THE COURT MAY CONSIDER EVIDENCE AT THE HEARING AND MAY DECIDE THE MOTION AT THE HEARING. Linc USA GP, et al., the above-captioned debtors and debtors in possession (collectively, the Debtors ), by and through their undersigned attorneys, file this Motion to Assume Unexpired Leases of Nonresidential Real Property (the Motion ). In support thereof, the Debtors would show as follows: I. JURISDICTION 1. This Motion constitutes a core proceeding as defined in 28 U.S.C. 157(b)(2). This Court has jurisdiction over this proceeding and the parties and property affected hereby 1 The Debtors in these chapter 11 cases, along with the last four digits of each Debtors federal tax identification number, are: Linc Energy Finance (USA), Inc. (6684); Linc USA GP (5234); Linc Energy Resources, Inc. (9613); Linc Gulf Coast Petroleum, Inc. (6790); Linc Energy Petroleum (Louisiana), LLC (1074); Linc Alaska Resources, LLC (2362); Paen Insula Holdings, LLC (1681); Linc Energy (9859); Diasu Holdings, LLC (9626); Diasu Oil & Gas Company, Inc. (8926); and Linc Energy Operations, Inc. (5806).
Case 16-32689 Document 354 Filed in TXSB on 09/02/16 Page 2 of 5 pursuant to 28 U.S.C. 157 and 1334. Venue is proper before this Court pursuant to 28 U.S.C. 1408 and 1409. II. RELEVANT BACKGROUND 2. Together, the Debtors operate an oil and gas exploration and business with a primary focus on the Texas Gulf Coast. Each of the Debtors is a direct or indirect subsidiary of Linc USA GP. Each of the Debtors is based in Houston, Texas. The Debtors properties are operated by Debtor Linc Energy Operations, Inc. ( LEO ). 3. On May 29, 2016 (the Petition Date ), the Debtors filed voluntary petitions for relief under chapter 11, Title 11 of the United States Code (the Bankruptcy Code ) in the United States Bankruptcy Court for the Southern District of Texas, Houston Division (the Court ). Pursuant to sections 1107(a) and 1108 of the Bankruptcy Code, the Debtors are operating their businesses and managing their property as debtors in possession. No trustees or examiners have been appointed in these cases. 4. On May 30, 2016, the Court entered its Order Granting Motion for Joint Administration [Dkt. No. 21] and on June 1, 2016 the Court entered its Order Granting Complex Chapter 11 Bankruptcy Case Treatment [Dkt. No. 32]. 5. On June 12, 2016, the Court entered its Order Approving Bidding Procedures and Protections; Approving Procedures for the Assumption and Assignment of Contracts and Leases; Scheduling Bidding Deadline, Auction Date, and Sale Hearing Date; And Approving Form and Notice Thereof [Dkt. No. 205]. 6. On August 31, 2016, the Court entered the following orders: (1) Order (A) Authorizing and Approving (I) the Asset Purchase Agreement for the Gulf Coast Assets; (II) the Sale of the Debtors Gulf Coast Assets Free and Clear of All Liens, Claims, Encumbrances, and Interests; and (III) The Assumption and Assignment of Certain Executory Contracts and -2-
Case 16-32689 Document 354 Filed in TXSB on 09/02/16 Page 3 of 5 Unexpired Leases; and (B) Granting Related Relief (the Gulf Coast Sale Order ) [Dkt. No. 347]; (2) Order (A) Authorizing and Approving (I) the Asset Purchase Agreement for the Wyoming Assets; (II) the Sale of the Debtors Wyoming Assets Free and Clear of All Liens, Claims, Encumbrances, and Interests; and (III) The Assumption and Assignment of Certain Executory Contracts and Unexpired Leases; and (B) Granting Related Relief (the Wyoming Sale Order ) [Dkt. No. 348]; and (3) Order (A) Authorizing and Approving (I) the Asset Purchase Agreement for the Alaska Assets; (II) the Sale of the Debtors Alaska Assets Free and Clear of All Liens, Claims, Encumbrances, and Interests; and (III) The Assumption and Assignment of Certain Executory Contracts and Unexpired Leases; and (B) Granting Related Relief (the Alaska Sale Order, and together with the Gulf Coast Sale Order and the Wyoming Sale Order, the Sale Orders ) [Dkt. No. 349]. III. RELIEF REQUESTED 7. The Debtors seek entry of an order pursuant to section 365(a) authorizing the Debtors to assume all unexpired nonresidential real property leases under which any Debtor is a lessee. This request includes the assumption of any and all unexpired oil and gas leases under which the Debtor is a lessee. 2 8. Section 365(a) of the Bankruptcy Code provides that the Debtor, subject to the Court s approval, may assume any unexpired lease of non-residential real property. 11 U.S.C. 365(a). 9. In determining whether to permit a Debtor to assume an unexpired lease, Courts apply the business judgment test. Richmond Leasing Co. v. Capital Bank, N.A., 762 F.2d 2 The Debtors assert that oil and gas leases are transfers of real property interests and seek the relief requested herein as to such oil and gas leases out of an abundance of caution. The Debtors are thus assuming all unexpired oil and gas leases and interests of the Debtors, including but not limited to, those unexpired oil and gas leases and interests listed on the attached Exhibit A. -3-
Case 16-32689 Document 354 Filed in TXSB on 09/02/16 Page 4 of 5 1303, 1308 (5th Cir. 1985). The Debtors oil and gas leases are their most valuable assets, and the Debtors are working towards the closings for the sales of such leases via a court approved sale process. There are no outstanding amounts owed by the Debtors under the oil and gas leases. Consequently, it is the Debtors business judgment that in order to preserve value to the estate, the unexpired oil and gas leases should be preserved through assumption. 10. In addition to the business judgment test, the Debtors must satisfy the requirements of Section 365(b)(1) prior to assuming an unexpired lease. Under this Section, the Debtor must cure or provide adequate assurance that it will promptly cure any default under an unexpired lease, and provide adequate assurance of future performance. See 11 U.S.C. 365(b)(1). The Debtors respectfully submit that the provisions in the Sale Orders relating to the cure of defaults on the unexpired leases and the future performance under such leases satisfies the requirements of Section 365(b)(1). IV. PRAYER WHEREFORE, the Debtors respectfully request that the Court authorize the Debtors to assume all unexpired oil and gas leases to the extent they are found to be executory contracts and grant the Debtors such other and further relief as it deems just and proper. -4-
Case 16-32689 Document 354 Filed in TXSB on 09/02/16 Page 5 of 5 Respectfully Submitted, BRACEWELL LLP By: /s/ Jason G. Cohen William A. (Trey) Wood III Texas Bar No. 21916050 Trey.Wood@bracewelllaw.com Jason G. Cohen Texas Bar No. 24050435 Jason.Cohen@bracewelllaw.com 711 Louisiana, Suite 2300 Houston, Texas 77002 Telephone: (713) 223-2300 Facsimile: (713) 221-1212 COUNSEL FOR THE DEBTORS AND DEBTORS IN POSSESSION -5-
Case 16-32689 Document 354-1 Filed in TXSB on 09/02/16 Page 1 of 25 Exhibit A List of Unexpired Oil and Gas Leases #5299863.3
Case 16-32689 Document 354-1 Filed in TXSB on 09/02/16 Page 2 of 25 TEXAS LEASES Field Unit Lease Name Lessor Lessee Volume Page Index County State Gross Acres Net Acres Expiration Date Barbers Hill N/A E.W. Barber "D" (Samson) Lease J. R. Barber, et al Sunray Mid-Continent Oil Company 212 210 DR Chambers TX 25 25 held by 74.54770% Barbers Hill N/A A.E. Barber Lease Arthur E. Barber, et ux F. N. Bullock 14 465 DR Chambers TX 73 73 held by 79.00000% Mary O. Scott, et vir Humphreys Corporation 31 285 DR Chambers TX Sarah E. Morgan, et vir et al Humphreys Corporation 29 395 DR Chambers TX Barbers Hill L.E. Fitzgerald Unit #1 Alma A. Eberspacher, et al Vacuum Oil Company 23 83 DR Chambers TX L.E. Fitzgerald Unit (described below) Anna Davis and A. C. Davis Humphreys Corporation 30 625 DR Chambers TX 47.77 47.77 held by 78.62498% F.M. Fitzgerald, et al S.J. Hindman, Trustee 23 40 DR Chambers TX T.C. Fitzgerald and Wife Humphreys Corporation 31 119 DR Chambers TX Barbers Hill N/A Kirby "B" Lease Kirby Petroleum Company, et al Mills Bennett Production Company 21 399 DR Chambers TX 107.864 107.864 held by 79.07137% Barbers Hill N/A Kirby "C" Lease John Shearer C.A. Kelly 22 508 DR Chambers TX 2.5 15 held by Kirby Petroleum Company, et al Gulf Production Company 23 135 DR Chambers TX 12.5 79.00000% Barbers Hill N/A Kirby Petroleum Company (Samson) Lease Kirby Petroleum Company Humble Oil & Refg. Co., et al 25 173 DR Chambers TX 49.5 49.5 held by 74.00000% Barbers Hill N/A J. Wilburn Jerry Wilburn, et al Sun Oil Company 21 362 DR Chambers TX 65 65 held by 83.50000% Barbers Hill N/A Wilburn "C" #9 and #10 / Wilburn "D" / Wilburn 22 81 J.F. Wilburn, et al Salt Dome Oil Company DR "E" 21 460 Chambers TX 93.95 93.95 held by 67.00000% - 71.62500% Barbers Hill N/A Wilburn, J. "A" Lillian Wilburn, et al LME Oil Company, Ltd. 449 503 DR Chambers TX W. Howard Lee, et al Houston Domestic Oil Company 453 666 DR Chambers TX 52.5 52.5 held by 74.27064% Barbers Hill N/A Higgins Mrs. Annie Higgins, et vir Sun Oil Company 33 111 DR Chambers TX 16.57 16.57 held by 81.50000% Barbers Hill N/A Higgins -B- Mrs. Annie Higgins, et vir D.B. McDaniel 31 231 DR Chambers TX 7.05 7.05 held by 75.86110% Barbers Hill N/A Chambers County Agricultural Company Chambers County Agricultural Company Yount-Lee Oil Company 26 457 DR Chambers TX 155.1 155.1 held by 86.50130% Barbers Hill N/A Chambers County Agricultural Company Chambers County Agricultural Company Sun Oil Company 18 474 DR Chambers TX 50 50 held by 83.50000% Barbers Hill N/A Fitzgerald, J.M. ("A") Frank M. Fitzgerald, et al Barney R. Steele 467 33 DR Chambers TX 50.44 48.9268 held by 68.84000% - 70.65625% David Glenn Barber, et ux ERG Resources, LLC 1277 124 OR Chambers TX 0.124583333 Big Sky Mineral Trust Linc Gulf Coast Petroleum, Inc. 1306 163 OR Chambers TX 0.0560625 Raymond E. Brizendine ERG Resources, LLC 1277 130 OR Chambers TX 0.7475 James M. Brown II ERG Resources, LLC 1277 133 OR Chambers TX 1.12125 Bevis Jerome Minter ERG Resources, LLC 1277 136 OR Chambers TX 0.560625 Barbers Hill N/A Lot 3A Strip Leases ("Brown" Tract) William Michael Minter, et ux ERG Resources, LLC 1277 139 OR Chambers TX 0.560625 4.485 held by Cheri Barber Orchin ERG Resources, LLC 1277 142 OR Chambers TX 0.124583333 74.5% 2 S & C Properties Linc Gulf Coast Petroleum, Inc. 1306 159 OR Chambers TX 0.0560625 Southwest Petroleum Company L.P. Linc Gulf Coast Petroleum, Inc. 1306 167 OR Chambers TX 0.261625 Frank D. Schubert ERG Resources, LLC 1277 145 OR Chambers TX 0.7475 Nancy Barber Welwood ERG Resources, LLC 1277 148 OR Chambers TX 0.124583333 Dolores P. Direzza ERG Resources, LLC 1277 154 OR Chambers TX 0.368916667 held by Edward C. Kerley ERG Resources, LLC 1277 157 OR Chambers TX 1.10675 held by Patty Lou Kyffin ERG Resources, LLC 1277 160 OR Chambers TX 0.368916667 held by Barbers Hill N/A Lot 5A Strip Leases ("Kerley" Tract) Eddie Clyde Bell Linc Gulf Coast Petroleum, Inc. 1323 541 OR Chambers TX 0.553375 held by 4.427 James Lee McLean, Trustee ERG Resources, LLC 1277 163 OR Chambers TX 0.553375 held by 76.33333% 2 Pamela S. Pilkington ERG Resources, LLC 1277 166 OR Chambers TX 0.368916667 held by Stephen M. Wright ERG Resources, LLC 1277 169 OR Chambers TX 0.553375 held by Thomas F. Wright ERG Resources, LLC 1277 172 OR Chambers TX 0.553375 held by Barbers Hill Conoco Unit Conoco Lease ConocoPhillips Company Linc Gulf Coast Petroleum, Inc. 1393 629 OR Chambers TX 36.7 36.7 held by 74.00000% Barbers Hill (described below) UPRC Lease (3.3 ac.) Union Pacific Railroad Company Linc Gulf Coast Petroleum, Inc. 1418 166 OR Chambers TX 3.3 3.3 held by 74.00000% Barbers Hill N/A M Winfree Heirs Lease M Winfree Heirs, LLC Linc Gulf Coast Petroleum, Inc. 1363 12 OR Chambers TX 58.88 58.88 held by 74.00000% Barbers Hill Scott Franklin Jordan Linc Gulf Coast Petroleum, Inc. 1444 540 OR Chambers TX 2.2425 August 20, 2016 N/A Maranatha Temple Lease 26.91 Barbers Hill Amanda Jane Jordan Linc Gulf Coast Petroleum, Inc. 1465 325 OR Chambers TX 2.2425 December 3, 2016 12.91667% Mary Beth Dyer Linc Gulf Coast Petroleum, Inc. 1426 545 OR Chambers TX 1.25 held by Deborah F Nelson Linc Gulf Coast Petroleum, Inc. 1426 550 OR Chambers TX 0.7291667 held by Temple Benson Dunaway Linc Gulf Coast Petroleum, Inc. 1426 555 OR Chambers TX 1.4583333 held by Michael S Lansford Linc Gulf Coast Petroleum, Inc. 1426 560 OR Chambers TX 1.4583333 held by Barbers Hill N/A T.S. Fitzgerald Heirs Carl Wesley Benson Linc Gulf Coast Petroleum, Inc. 1426 565 OR Chambers TX 10 1.4583333 held by 75.000000% T. Steve Fitzgerald Linc Gulf Coast Petroleum, Inc. 1426 570 OR Chambers TX 0.7291667 held by Bennie L Lansford Linc Gulf Coast Petroleum, Inc. 1426 575 OR Chambers TX 1.4583333 held by Tyler S. Fitzgerald Linc Gulf Coast Petroleum, Inc. 1426 580 OR Chambers TX 0.7291667 held by Carlene Fitzgerald Egloff Linc Gulf Coast Petroleum, Inc. 1426 585 OR Chambers TX 0.7291667 held by Aquarium The Estate Of Shearn Moody, Jr., Moody Unit #3 (80 ac.) Seneca Resources Corporation 9834167 OR Galveston TX 40 38 held by Moody Unit deceased (described below) Robert L. Moody Seneca Resources Corporation 9805427 OR Galveston TX 180 166.25 held by Aquarium N/A Robert L. Moody Seneca Resources Corporation 2007023534 OR Galveston TX 10 4.75 held by Carey Stehling Independent Executor of the Estate of Edward Jakovich, Seneca Resources Corporation 2007023539 OR Galveston TX Deceased Donna Cameron Goode Seneca Resources Corporation 2007023538 OR Galveston TX 72.95774%
Case 16-32689 Document 354-1 Filed in TXSB on 09/02/16 Page 3 of 25 Field Unit Lease Name Lessor Lessee Volume Page Index County State Gross Acres Net Acres Expiration Date Aquarium N/A Linda Jakovich Meyer Independent Executrix of the Estate of Andrew Jakovich, Deceased Seneca Resources Corporation 2007023537 OR Galveston TX DJS Land Company, Ltd Seneca Resources Corporation 2007023536 OR Galveston TX Carol Ann Burns Seneca Resources Corporation 2007023535 OR Galveston TX Atkinson Island State Tract 125 State of Texas Lease #M-115873 Linc Gulf Coast Petroleum, Inc. 1457 581 OR Chambers TX 320 320 October 1, 2018 79.43750% Atkinson Island Atkinson Island Unit State Tract 126 State of Texas Lease #74324 Gulf Oil Corporation 391 490 DR Chambers TX 360 360 held by 78.63750% - 79.43750% Atkinson Island (described below) State Tract 126A State of Texas Lease #M-108139 ERG Resources, L.L.C. 990 683 OR Chambers TX 280 280 held by 77.20000% - 79.43750% Atkinson Island State Tract 127 State of Texas Lease #M-115903 Linc Gulf Coast Petroleum, Inc. 1457 588 OR Chambers TX 320 320 October 1, 2018 79.43750% Cedar Point N/A State Tract 118 State of Texas Lease #19819 R. H. Morrison 52 42 DR Chambers TX 496 496 held by 84.00000% Cedar Point N/A State Tract 94 State of Texas Lease #M-116767 Linc Gulf Coast Petroleum, Inc. 1519 492 OR Chambers TX 320 320 July 1, 2019 80.00000% Cedar Point N/A State Tract 95 State of Texas Lease #M-116768 Linc Gulf Coast Petroleum, Inc. 1519 499 OR Chambers TX 320 320 July 1, 2019 80.00000% Goose Creek N/A Harrell "C" Lease Edwin Tabb Harrell, et al Strata Resources N226596 Harris TX 1 1 held by 70.00000% - 74.25000% Goose Creek N/A Tabb "A" Lease / Tabb "B" Lease / W. Tabb "A" Edwin Harrell Pesetas Exploration Co. 020-66-0397 Harris TX Lease C. Tabb Harrell, et ux Pesetas Exploration Co. 020-66-0393 Harris TX 14.63 14.63 held by 49.00000% - 72.00000% Grass Island N/A State Tract 216 State of Texas Lease No. M-71950 Ben Buongiorno 292 905 DR Calhoun TX 640 640 held by 78.37500% Grass Island N/A State Tract 224 State of Texas Lease No. M-116766 Linc Gulf Coast Petroleum, Inc. 140606 OR Calhoun TX 40 40 July 1, 2019 80.00000% High Island N/A Overton Cade Heirs Leases Marie Howell Cade, et al Northstar Production, Inc. 2001024407 OR Galveston TX 2.5 Beverly Hodges Davis Northstar Production, Inc. 2001024406 OR Galveston TX 0.625 Roy Hamilton Davis, Individually & as Agent and Attorney in Fact Northstar Production, Inc. 2001024415 OR Galveston TX 0.625 Frances Henshaw Gill Northstar Production, Inc. 2001024413 OR Galveston TX 0.005028 Ashbel Burnham Henshaw Northstar Production, Inc. 2001024408 OR Galveston TX 1.04167 Linda Jean Lee Henshaw, et al Northstar Production, Inc. 2001024414 OR Galveston TX 1.25 10 held by Thomas R. Howell Jr., Individually and Northstar Production, Inc. 2001024409 OR Galveston TX 2.5 as Successor Trustee Mary Henshaw Jernigan Northstar Production, Inc. 2001024412 OR Galveston TX 0.005028 James & Tolley Odom Family, LLC, by Martha Tolley Davis Odom, Manager Northstar Production, Inc. 2001024416 OR Galveston TX 1.25 40 38 held by 71.77600% - 74.00000% Barbara Henshaw Roberts Northstar Production, Inc. 2001024411 OR Galveston TX 0.005028 Linda Henshaw Weeks Northstar Production, Inc. 2001024410 OR Galveston TX 0.005028 Charles H. Barker Northstar Producing, Inc. 2002039242 OR Galveston TX 2.6388 Robert C. Barker Northstar Producing, Inc. 2002039238 OR Galveston TX 2.6388 T. C. Craighead & Company Northstar Producing, Inc. 2002039239 OR Galveston TX 3.19444 High Island N/A Barker/Cade Leases Katherine C. Holt Trust Northstar Producing, Inc. 2002039240 OR Galveston TX 20 1.666666 held by 71.77600% - 74.00000% David T. Speer Northstar Producing, Inc. 2002039241 OR Galveston TX 1.59724 Betty Speer Taylor Northstar Producing, Inc. 2002044101 OR Galveston TX 1.59724 Ruth McLean Bowers Northstar Producing, Inc. 2002059351 OR Galveston TX 6.666667 Ruth McLean Bowers Plantation Petroleum, LLC 2004019459 OR Galveston TX High Island N/A Bowers/McNeill Leases - "Southern 50 Shallow" Barbara Gordon McNeill & Melinda held by 74.00000% Plantation Petroleum Corporation 2004042670 OR Galveston TX Gordon Paret The Ruth McLean Bowers Trust of 1994 Linc Gulf Coast Petroleum, Inc. 2015041533 OR Galveston TX May 27, 2017 Margaret Bowman McMahon Linc Gulf Coast Petroleum, Inc. 2015045051 OR Galveston TX 50 50 June 25, 2017 High Island N/A Bowers/McNeill Leases - "Southern 50 Deep" Russell and Beth Bowman Harper Marrs McLean Bowman, Bonnie Bowman Korbell, Ruth Bowman Linc Gulf Coast Petroleum, Inc. 2015041535 OR Galveston TX May 27, 2017 75.00000% Melinda Gordon Paret Linc Gulf Coast Petroleum, Inc. 2015045882 OR Galveston TX June 26, 2017 Barbara Gordon McNeill Linc Gulf Coast Petroleum, Inc. 2015045052 OR Galveston TX June 26, 2017 The Ruth McLean Bowers Trust of Linc Gulf Coast Petroleum, Inc. 2015041534 OR Galveston TX May 27, 2017 1994 High Island N/A Bowers/McNeill Leases - "Northern 50" 50 50 75.00000% Melinda Gordon Paret Linc Gulf Coast Petroleum, Inc. 2015045882 OR Galveston TX June 26, 2017 Barbara Gordon McNeill Linc Gulf Coast Petroleum, Inc. 2015045052 OR Galveston TX June 26, 2017 High Island N/A George E. Smith "A" Lease George E. Smith Marrs McLean 316 22 DR Galveston TX 88.28 88.28 held by 73.84115% High Island N/A George E. Smith "B" Lease George E. Smith Marrs McLean 316 26 DR Galveston TX 96.48 96.48 held by 72.58333% - 73.75000% High Island N/A Charlotte E. Smith Lease Charlotte E. Smith Yount-Lee Oil Company 472 171 DR Galveston TX 426.12 426.12 held by 84.41667% 1 High Island N/A Elizabeth Kerr Cade, et al Lease Elizabeth Ker Cade, et al Marrs McLean 312 387 DR Galveston TX 790 790 held by 71.77600% - 74.00000% 1 Film Code Nos. 016-84- High Island N/A Taylor Caffery Lease D. Caffery McCay, et al. Northstar Producing, Inc. 0332, 017-14-2729, 017- OR 14-2734, 017-14-2739, Galveston TX 10 10 held by 73.13750% 017-32-0422 Hoskins Mound N/A Welch Foundation The Robert A. Welch Foundation Texaco, Inc. 994 18 DR Brazoria TX 2500 2500 held by 47.75000% - 71.50000%
Case 16-32689 Document 354-1 Filed in TXSB on 09/02/16 Page 4 of 25 Field Unit Lease Name Lessor Lessee Volume Page Index County State Gross Acres Net Acres Expiration Date Hull N/A Hannah, D. Lease David Hannah, et ux The Texas Company 117 98 DR Liberty TX 5 5 held by 82.33340% Port Neches N/A Stark W. H. Stark The Texas Company 8 461 DR Orange TX 986.75 986.75 held by 82.33333% Port Neches N/A Polk "A" James V. Polk, et al Wood R. Alexander, et al 8 415 DR Orange TX 600 600 held by 83.37500% Port Neches N/A Polk "B" James V. Polk, et al Wood R. Alexander, et al 8 410 DR Orange TX 1016 1016 held by 83.20138% Port Neches N/A Kuhn Harry J. Kuhn, et al Wood R. Alexander, et al 8 317 DR Orange TX 1199.5 1199.5 held by 83.37500% Umbrella Point N/A State Tract 72 State of Texas Lease #M-115872 Linc Gulf Coast Petroleum, Inc. 1457 595 OR Chambers TX 40 40 October 1, 2018 77.50000% Umbrella Point N/A State Tract 88 State of Texas Lease #M-116169 Linc Gulf Coast Petroleum, Inc. 1480 504 OR Chambers TX 40 40 January 7, 2019 77.50000% Together with all Amendments, Ratifications, Renewals, Extensions, Letter Agreements, Corrections and/or Modifications of the instruments described above. TEXAS UNITS Field Description Volume Page Index County State Aquarium Moody Unit, 80 Gross Acres, Aquarium Field, Galveston County, Texas 9841002 OR Galveston TX Atkinson Island Atkinson Island Unit, GLO Unit No. 6750, 1280 Gross Acres, Atkinson Island Field, Chambers County, Texas 1494 88 OR Chambers TX Barbers Hill Conoco Unit, 40 Gross Acres, Barbers Hill Field, Chambers County, Texas 1437 121 OR Chambers TX Barbers Hill L.E. Fitzgerald Unit #1, 47.77 Gross Acres, Barbers Hill Field, Chambers County, Texas 70 528 DR Chambers TX Together with all Amendments, Ratifications, Renewals, Extensions, Letter Agreements, Corrections and/or Modifications of the instruments described above. Footnotes: 1 From 100 feet below the geological and stratigraphic equivalent of the Chris 9R Sand as seen between 6,205 feet and 6,275 feet (measured depth) in the electrical log of the Pan American Petroleum Corporation Cade A Well #184 which was drilled to a total depth of 6,305 feet on January 20, 1961 and below, O&G Production Co. or its successors may own 37.5% Working Interest and the Interest associated therewith. At said depths, Linc appears to own the remaining 62.5% Working Interest and the Interest associated therewith. 2 See item listed in Schedule 5.6(d)-Payout Balance pertaining to the interest of Gulf South Holding, Inc.
Case 16-32689 Document 354-1 Filed in TXSB on 09/02/16 Page 5 of 25 TEXAS MINERAL FEE - UNLEASED Field Property Name Property Type Grantor Grantee Volume Page Index County State Gross Acres Net Acres * Comments Subject to reductions with respect to any nonparticipating Barbers Hill Gulf Fee "C" Fee mineral Elmer H. Fisher, et ux Gulf Production Company 9 360 DR Chambers TX 60.26 60.26 royalty interests and other 87.00000% mineral or royalty interest burdens of record as of execution date. Barbers Hill Gulf Fee Fisher Fee mineral Gulf Oil Corporation Diamond Shamrock Corporation 437 632 DR Chambers TX 23.5 23.5 Subject to reductions with respect to any nonparticipating royalty interests and other mineral or royalty interest burdens of record as of execution date. 85.00000% Linc's ownership is limited to the lands described as "TRACT 2" in the referenced source deed. Barbers Hill H. E. Fisher Fee mineral H. E. Fisher Gulf Production Company 18 1 DR Chambers TX 15 15 research required Subject to reductions with respect to any nonparticipating royalty interests and other mineral or royalty interest burdens of record as of execution date. Subject to reductions with respect to any nonparticipating Barbers Hill Z.T. Wilburn Fee Fee mineral Sam J. Adams Sun Oil Company 22 22 DR Chambers TX 20.2 20.2 royalty interests and other 84.00000% mineral or royalty interest burdens of record as of execution date. Barbers Hill Gulf Fee Monongahela Fee mineral Pattillo Higgins J. B. McCann R 465 DR Chambers TX 12.2 12.2 Subject to reductions with respect to any nonparticipating royalty interests and other mineral or royalty interest burdens of record as of execution date. 84.00000% Linc's ownership is limited to the East one-half (E/2) of the lands described as "Second Tract" in the referenced source deed. Barbers Hill H. L. Phillips Fee Fee mineral Ada Lee Phillips Wamble Union Seaboard Corporation 329 329 OPR Chambers TX 5 5 research required Subject to reductions with respect to any nonparticipating royalty interests and other mineral or royalty interest burdens of record as of execution date. Goose Creek Rena Berry Mineral Fee Fee mineral High Island Gulf Interstate Fee Term mineral fee Mary Addilea Koehl, Executor of the Estate of Rena Berry, Deceased The Gulf Inter-State Railway Company of Texas Subject to reductions with respect to any nonparticipating Mrs. Carrie Bentley 5203 154 DR Harris TX 2.5 2.5 royalty interests and other 79.75000% mineral or royalty interest burdens of record as of execution date. Subject to reductions with respect to any nonparticipating royalty interests and other Stanolind Oil and Gas Company 549 41 DR Galveston TX 19.3 19.3 96.91667% 1 mineral or royalty interest burdens of record as of execution date. Subject to reductions with respect to any nonparticipating Hull Armelin, L. Mineral Fee Fee mineral Louis Armelin, et ux Higgins Oil & Fuel Company 79 410 DR Liberty TX 98 98 royalty interests and other 92.70834% mineral or royalty interest burdens of record as of execution date. Subject to reductions with respect to any nonparticipating Hull Baldwin, J. C. Fee Fee mineral Jacob C. Baldwin Producers Oil Company 57 493 DR Liberty TX 35 35 royalty interests and other 87.50000% mineral or royalty interest burdens of record as of execution date.
Case 16-32689 Document 354-1 Filed in TXSB on 09/02/16 Page 6 of 25 Hull Failor, E. K. Fee Fee mineral E. K. Failor Producers Oil Company 57 570 DR Liberty TX 80 80 Subject to reductions with respect to any nonparticipating royalty interests and other mineral or royalty interest burdens of record as of execution date. 93.75000% Portion of a 160-acre tract that Linc owns in fee. Northern 80 acres is unleased. Southern 80 acres is under lease - see below. Subject to reductions with respect to any nonparticipating Hull Hannah, D. Mineral Fee Fee mineral David Hannah The Texas Company 77 459 DR Liberty TX 50 50 royalty interests and other 87.50000% mineral or royalty interest burdens of record as of execution date. Together with all Amendments, Ratifications, Renewals, Extensions, Letter Agreements, Corrections and/or Modifications of the instruments described above. TEXAS MINERAL FEE - LEASED Field Property Name Property Type Lessor Lessee Volume Page Index County State Gross Acres Net Acres Royalty Comments Barbers Hill Houston Energy - E.K. Failor Lease Fee mineral Linc Gulf Coast Petroleum, Inc. Houston Energy Resources, LLC 2012009415 OPR Liberty TX 80 80 22.50% Subject to reductions with respect to any nonparticipating royalty interests and other mineral or royalty interest burdens of record as of execution date. Lease covers the south 80 acres of Linc's 160- acre E. K. Failor Fee tract. Lease dated effective April 4, 2012. Footnotes: * Interests noted for the unleased mineral fee interests take into account existing known non-participating royalty interests. These Interests are subject to further adjustments as noted in the Comments section of this table. 1 From 100 feet below the geological and stratigraphic equivalent of the Chris 9R Sand as seen between 6,205 feet and 6,275 feet (measured depth) in the electrical log of the Pan American Petroleum Corporation Cade A Well #184 which was drilled to a total depth of 6,305 feet on January 20, 1961 and below, O&G Production Co. or its successors may own 37.5% Working Interest and the Interest associated therewith. At said depths, Linc appears to own the remaining 62.5% Working Interest and the Interest associated therewith.
Case 16-32689 Document 354-1 Filed in TXSB on 09/02/16 Page 7 of 25 WYOMING LEASES South Cole Creek Dakota South Cole Creek Dakota South Cole Creek Dakota South Cole Creek Dakota South Cole Creek Dakota South Cole Creek Dakota South Cole Creek Dakota South Cole Creek Dakota South Cole Creek Dakota WYW 003035 ONRR South Cole Creek Dakota E R McQuaid ET UX E R McQuaid ET UX South Cole Creek Dakota South Cole Creek Dakota C M Kopp and Mary S Kopp C E Kopp and Mildred M Kopp C M Kopp and Mary S Kopp C E Kopp and Mildred M Kopp South Cole Creek Dakota A J Kopp and Lulu Kopp A J Kopp and Lulu Kopp South Cole Creek Dakota Iona M Campbell ET VIR Iona M Campbell ET VIR South Cole Creek Dakota T R Kopp and Mary Kopp T R Kopp and Mary Kopp South Cole Creek Dakota ST WY 0-2900 Converse WY 199.89 199.89 210 397 Converse WY 320.00 320.00 210 631 Converse WY 210 634 Converse WY 210 403 Converse WY 640.00 640.00 210 387 Converse WY 320.00 320.00 210 400 Converse WY 280.00 280.00 Converse WY 600.00 600.00 Lease No: WY009-0142 Lessor: WYW-003035 Lessee: Unknown Lease Date: 01/01/1948 Recording: Book: Page: Registry: Section 5: Lots 3, 4, SENW, E2SW Containing 199.89 acres, more or less Lease No: WY009-0146 Lessor: E R McQuaid and Clara B McQuaid Lessee: R R Gardner Lease Date: 11/19/1946 Recording: Book: 210 Page: 397 Registry: 73.00% Section 5: SWSW Section 8: NWNW, S2NW, SW Containing 320 acres, more or less Lease No: WY009-0150-C Lessor: C. M. Kopp and Mary S. Kopp, husband and wife Lessee: R R Gardner Lease Date: 09/03/1947 Recording: Book: 210 Page: 631 Registry: 86.00% Section 7: S2, Section 17: N2N2, S2NE, SENW, NESE Containing 640 acres, more or less Lease No: WY009-0150-B Lessor: C. E. Kopp and Mildred M. Kopp, husband and wife Lessee: R R Gardner Lease Date: 09/05/1947 Recording: Book: 210 Page: 634 Registry: 86.00% Section 7: S2, Section 17: N2N2, S2NE, SENW, NESE Containing 640 acres, more or less Lease No: WY009-0150-A Lessor: A J Kopp and Lulu L Kopp Lessee: R R Gardner Lease Date: 11/27/1946 Recording: Book: 210 Page: 403 Registry: 79.00% Section 7: S2, Section 17: N2N2, S2NE, SENW, NESE Containing 640 acres, more or less Lease No: WY009-0149 Lessor: Iona M Campbell et Vir Lessee: Ed F Kolacny Lease Date: 08/02/1943 77.00% Recording: Book: 210 Page: 387 Registry: Section 20: E2 Containing 320 acres, more or less Lease No: WY009-0148 Lessor: T R Kopp and Mary Kopp Lessee: R R Gardner Lease Date: 11/18/1946 Recording: Book: 210 Page: 400 Registry: 86.00% Section 17: NWSE, S2S2, Section 20: N2NW Containing 280 acres, more or less Lease No: WY009-0144 Lessor: ST WY 0-2900 Track 5 Lessee: K A Albert Lease Date: 10/16/1944 Recording: Book: Page: Registry: Section 16: E2, NW, N2SW, SESW Containing 600 acres, more or less
Case 16-32689 Document 354-1 Filed in TXSB on 09/02/16 Page 8 of 25 South Cole Creek Dakota South Cole Creek Dakota South Cole Creek Dakota South Cole Creek Dakota South Cole Creek Dakota South Cole Creek Dakota South Cole Creek Dakota South Cole Creek Dakota George A Leach ET AL George A Leach ET AL South Cole Creek Dakota Guy Pothe ET UX Guy Pothe ET UX South Cole Creek Dakota WYW 077076 ONRR South Cole Creek Dakota WYW 002217 ONRR South Cole Creek Dakota ST WY 0-4592 South Cole Creek Dakota WYW 077837 ONRR South Cole Creek Dakota WYW 077843 ONRR Westport Oil and Gas LP - Westport Oil and Gas LP 880 210 279 Converse WY 320.00 320.00 210 269 Converse WY 317.50 317.50 Converse WY 400.00 400.00 Converse WY 40.00 40.00 28 567 Converse WY 40.00 40.00 1267 515 Converse WY Converse WY 79.89 79.89 Converse WY 1025.52 1025.52 Lease No: WY009-0147 Lessor: George A Leach and Alma Leach Lessee: Mrs. R R Gardner Lease Date: 12/05/1946 77.00% Recording: Book: 210 Page: 279 Registry: Section 8: E2 Containing 320 acres, more or less Lease No: WY009-0145 Lessor: Guy Pothe and Minnie Pothe Lessee: R. R. Gardner Lease Date: 05/22/1947 77.00% Recording: Book: 210 Page: 269 Registry: 210721 Description: Township 35 North Range 76 West Section 31: S2 Containing 320 acres, more or less Lease No: WY009-0139 Lessor: WYW-077076 Lessee: A F Megahan Lease Date: 01/01/1948 Recording: Book: Page: Registry: Section 17: SWNW, N2SW, Section 18: NE, E2SE, Section 20: SENW Containing 400 acres, more or less Lease No: WY009-0141 Lessor: WYW-002217 Lessee: Ralph Lowe Lease Date: 01/01/1948 Recording: Book: Page: Registry: Section 8: NENW Containing 40 acres, more or less Lease No: WY009-0143 Lessor: ST WY 0-4592 Track 4-J Lessee: Phillips Petroleum Company Lease Date: 09/24/1947 Recording: Book: 28 Page: 567 Registry: Section 16: SWSW Containing 40 acres, more or less Lease No: WY009-0138 Lessor: WYW-077837 Lessee: M Elma Butler Lease Date: 02/01/1948 80.00% Recording: Book: Page: Registry: Description: Township 34 North Range 77 West Section 1: Lot 1, SENE Containing 79.89 acres, more or less Lease No: WY009-0140 Lessor: WYW-077843 Lessee: Unknown Lease Date: 01/01/1948 Recording: Book: Page: Registry: Section 5: SWNW, NWSW, Section 6: ALL, Section 7: E2NW, NE, Section 21: N2NW Containing 1025.52 acres, more or less Lease No: WY009-0124-A Lessor: Westport Oil & Gas Company LP Lessee: GWJ Exploration LLC Lease Date: 03/24/2005 Recording: Book: 1267 Page: 515 Registry: 916662 Section 7: W2, SE Section 17: N2 Containing 800 acres, more or less
Case 16-32689 Document 354-1 Filed in TXSB on 09/02/16 Page 9 of 25 880.00 880.00 H C Young ET AL WYW 162618 ST WY 05-00269 ST WY 05-00270 ST WY 04-00241 WYW 161772 Ann Obrzut H C Young ET AL ONRR ONRR Ann Obrzut 51 253 Converse WY 1284 1 Converse WY Converse WY 40.00 40.00 Converse WY 478.95 478.95 Converse WY 400.00 400.00 Converse WY 600.00 600.00 Converse WY 160.00 160.00 Lease No: WY009-0124-B Lessor: H C Young et al Lessee: Charles A Mau Lease Date: 05/01/1915 Recording: Book: 51 Page: 253 Registry: 77.00% Amended Book: 193 Page: 463 Section 7: W2, SE Section 17: N2 Containing 800 acres, more or less Lease No: WY009-0106 Lessor: WYW-162618 Lessee: Nielson & Associates, Inc. Lease Date: 06/01/2005 86.00% Recording: Book: Page: Registry: Section 2: SWSE Containing 40.0 acres, more or less Lease No: WY009-0109 Lessor: ST WY 05-00269 Lessee: GWJ Exploration LLC Lease Date: 06/02/2005 Recording: Book: Page: Registry: Section 6: Lots 1, 2, 3, 7, S2NE, SENW, E2SW, N2SE, SWSE Containing 478.95 acres, more or less Lease No: WY009-0111 Lessor: ST WY 05-00270 Lessee: GWJ Exploration LLC Lease Date: 06/02/2005 Recording: Book: Page: Registry: Section 15: ALL Containing 640 acres, more or less Lease No: WY009-0112 Lessor: ST WY 04-00241 Lessee: GWJ Exploration LLC Lease Date: 06/02/2004 Recording: Book: Page: Registry: Section 10: E2, NENW, Part of N2SW, S2SW, S/2NW Containing 600 acres, more or less Lease No: WY009-0102 Lessor: WYW-161772 Lessee: GWJ Exploration LLC Lease Date: 12/01/2004 Recording: Book: Page: Registry 79.00% Section 7: S2NE Township 33 North, Range 77 West Section 12: E/2SE Containing 160 acres, more or less Lease No: WY009-0125-H Lessor: Ann Obrzut Lessee: Noonan Land Services Inc. Lease Date: 03/03/2006 Recording: Book: 1284 Page: 1 Registry: 6th PM Section 3: Lot 4 (40.97), 80.00% Section 5: S2S2, Section 6: SESE, Section 7: N2NE, Section 8: N2NE, Section 9: NWNW, Section 18: SWNE, Section 19: E2W2,
Case 16-32689 Document 354-1 Filed in TXSB on 09/02/16 Page 10 of 25 Leslie Gay Bolin Miner D. Crary Jr. Stephen T Crary Horace L Crary Leslie Gay Bolin Miner D. Crary Jr. Stephen T Crary Horace I Crary 1271 793 Converse WY 1278 831 Converse WY 1310 770 Converse WY 1278 833 Converse WY Lease No: WY009-0125-K Lessor: Leslie Gay Bolin Lessee: Noonan Land Services Inc. Lease Date: 10/17/2005 Recording: Book: 1271 Page: 793 Registry: 6th PM Section 3: Lot 4 (40.97), 80.00% Section 5: S2S2, Section 6: SESE, Section 7: N2NE, Section 8: N2NE, Section 9: NWNW, Section 18: SWNE, Section 19: E2W2, Lease No: WY009-0125-J Lessor: Miner D Crary Jr Lessee: Noonan Land Services Inc. Lease Date: 02/01/2006 Recording: Book: 1278 Page: 831 Registry: 6th PM Section 3: Lot 4 (40.97), 80.00% Section 5: S2S2, Section 6: SESE, Section 7: N2NE, Section 8: N2NE, Section 9: NWNW, Section 18: SWNE, Section 19: E2W2, Lease No: WY009-0125-AF Lessor: Stephen R. Crary Marital Trust Lessee: Muddy Minerals LLC Lease Date: 05/31/2007 Recording: Book: 1310 Page: 770 6th PM Section 3: Lot 4 (40.97) Section 5: S2S2 Section 6: SESE Section 7: N2NE Section 8: N2NE Section 9: NWNW Section 18: SWNE Section 19: E2W2 Lease No: WY009-0125-A Lessor: Horace L Crary Lessee: Noonan Land Services, Inc. Lease Date: 02/01/2006 Recording: Book: 1278 Page: 833 Registry: 6th PM Section 3: Lot 4 (40.97), 77.00% Section 5: S2S2, Section 6: SESE, Section 7: N2NE, Section 8: N2NE, Section 9: NWNW, Section 18: SWNE, Section 19: E2W2, KGN-Susan Beauchamp Davidge KGN-Susan Beauchamp Davidge 1288 551 Converse WY 77.00% Lease No: WY009-0125-D Lessor: Jon C. Nicolaysen, Trustee for the KGN Mineral Trust dated September 9, 1998 (Susan Beauchamp Davidge) Lessee: Wyoming Mineral Trust Lease Date: 04/10/2006 Recording: Book: 1288 Page: 551 Registry: 6th PM Section 3: Lot 4 (40.97), Section 5: S2S2, Section 6: SESE, Section 7: N2NE, Section 8: N2NE, Section 9: NWNW, Section 18: SWNE, Section 19: E2W2,
Case 16-32689 Document 354-1 Filed in TXSB on 09/02/16 Page 11 of 25 KGN-Phyllis Davidge Knapp Arthur E Symons KGN- Mary Lousie McGregor KGN-Phyllis Davidge Knapp Arthur E Symons KGN- Mary Lousie McGregor KGN- Richard Burch Eyre KGN- Richard Burch Eyre KGN- Debra Cecile Yerkes KGN- Debra Cecile Yerkes Brambley Brambley 1288 554 Converse WY 1278 134 Converse WY 1288 563 Converse WY 1296 718 Converse WY 1296 724 Converse WY Lease No: WY009-0125-E Lessor: Jon C. Nicolaysen, Trustee for the KGN Mineral Trust dated September 9, 1998 (Phyllis Davidge Knapp) Lessee: Wyoming Mineral Trust Lease Date: 07/03/2006 Recording: Book: 1288 Page: 554 Registry: 6th PM Section 3: Lot 4 (40.97), 77.00% Section 5: S2S2, Section 6: SESE, Section 7: N2NE, Section 8: N2NE, Section 9: NWNW, Section 18: SWNE, Section 19: E2W2, Lease No: WY009-0125-I Lessor: Arthur E Symons Lessee: Noonan Land Services Inc. Lease Date: 11/08/2005 Recording: Book: 1278 Page: 134 Registry: 6th PM Section 3: Lot 4 (40.97), 82.00% Section 5: S2S2, Section 6: SESE, Section 7: N2NE, Section 8: N2NE, Section 9: NWNW, Section 18: SWNE, Section 19: E2W2, Lease No: WY009-0125-T Lessor: KGN Mineral Trust (Mary Louise McGregor) Lessee: Wyoming Mineral Exploration LLC Lease Date: 07/06/2006 Recording: Book: 1288 Page: 563 6th PM Section 3: Lot 4 (40.97) 80.00% Section 5: S2S2 Section 6: SESE Section 7: N2NE Section 8: N2NE Section 9: NWNW Section 18: SWNE Section 19: E2W2 Lease No: WY009-0125-P Lessor: KGN Mineral Trust (Richard Burch Eyre) Lessee: Wyoming Mineral Exploration LLC Lease Date: 11/20/2006 Recording: Book: 1296 Page: 718 6th PM Section 3: Lot 4 (40.97) 80.00% Section 5: S2S2 Section 6: SESE Section 7: N2NE Section 8: N2NE Section 9: NWNW Section 18: SWNE Section 19: E2W2 Lease No: WY009-0125-O Lessor: KGN Mineral Trust (Debra Cecile Yerkes Brambley) Lessee: Wyoming Mineral Exploration LLC Lease Date: 11/20/2006 Recording: Book: 1296 Page: 724 6th PM Section 3: Lot 4 (40.97) 80.00% Section 5: S2S2 Section 6: SESE Section 7: N2NE Section 8: N2NE Section 9: NWNW Section 18: SWNE Section 19: E2W2
Case 16-32689 Document 354-1 Filed in TXSB on 09/02/16 Page 12 of 25 KGN- Thomas Crary Davidge III KGN- Thomas Crary Davidge III 1288 557 Converse WY Lease No: WY009-0125-C Lessor: Jon C. Nicolaysen, Trustee for the KGN Mineral Trust dated September 9, 1998 (Thomas Crary Davidge III) Lessee: Wyoming Mineral Trust Lease Date: 07/03/2006 Recording: Book: 1288 Page: 557 Registry: 6th PM Section 3: Lot 4 (40.97), 77.00% Section 5: S2S2, Section 6: SESE, Section 7: N2NE, Section 8: N2NE, Section 9: NWNW, Section 18: SWNE, Section 19: E2W2, KGN- Ronald Holm Davidge KGN- William Henry Davidge KGN- Ronald Holm Davidge KGN- William Henry Davidge KGN- Robert G Stoughton KGN- Robert G Stoughton Marlowe Marlowe 1294 219 Converse WY 1288 548 Converse WY 1296 715 Converse WY 800.97 800.97 77.00% 77.00% 80.00% Lease No: WY009-0125-G Lessor: Jon C. Nicolaysen, Trustee for the KGN Mineral Trust dated September 9, 1998 (Ronald Holm Davidge) Lessee: Wyoming Mineral Trust Lease Date: 09/05/2006 Recording: Book: 1294 Page: 219 Registry: 6th PM Section 3: Lot 4 (40.97), Section 5: S2S2, Section 6: SESE, Section 7: N2NE, Section 8: N2NE, Section 9: NWNW, Section 18: SWNE, Section 19: E2W2, Lease No: WY009-0125-F Lessor: Jon C. Nicolaysen, Trustee for the KGN Mineral Trust dated September 9, 1998 (William Henry Davidge) Lessee: Wyoming Mineral Trust Lease Date: 07/03/2006 Recording: Book: 1288 Page: 548 Registry: 6th PM Section 3: Lot 4 (40.97), Section 5: S2S2, Section 6: SESE, Section 7: N2NE, Section 8: N2NE, Section 9: NWNW, Section 18: SWNE, Section 19: E2W2, Lease No: WY009-0125-S Lessor: KGN Mineral Trust (Robert G Stoughton Marlowe) Lessee: Wyoming Mineral Exploration LLC Lease Date: 11/20/2006 Recording: Book: 1296 Page: 715 6th PM Section 3: Lot 4 (40.97) Section 5: S2S2 Section 6: SESE Section 7: N2NE Section 8: N2NE Section 9: NWNW Section 18: SWNE Section 19: E2W2
Case 16-32689 Document 354-1 Filed in TXSB on 09/02/16 Page 13 of 25 KGN- Lura Crary Griswold KGN- Lura Crary Griswold 1282 95 Converse WY Lease No: WY009-0125-Q Lessor: Jon C. Nicolaysen, Trustee for the KGN Mineral Trust dated September 9, 1998 (Lura Crary Griswold) Lessee: GWJ Exploration LLC Lease Date: 02/27/2006 Recording: Book: 1282 Page: 095 Registry: 921894 6th PM Section 3: Lot 4 (40.97), Section 5: S2S2 Section 6: SESE 77.00% Section 7: N2NE Section 8: N2NE Section 9: NWNW Section 18: SWNE Section 19: E2W2 KGN- Dean Gifford Davidge KGN- Chandler Y Keller Carolyn L Ridley ET AL KGN- Dean Gifford Davidge KGN- Chandler Y Keller Carolyn L Ridley ET AL 1288 560 Converse WY 1288 566 Converse WY 1296 118 Converse WY 77.00% 80.00% 82.00% Township 34 North Range 76 West Section 34: S2SW, SWSE Containing 800.97 acres, more or less Lease No: WY009-0125-B Lessor: Jon C. Nicolaysen, Trustee for the KGN Mineral Trust dated September 9, 1998 (Dean Gifford Davidge) Lessee: Wyoming Mineral Trust Lease Date: 7/03/2006 Recording: Book: 1288 Page: 560 Registry: 6th PM Section 3: Lot 4 (40.97), Section 5: S2S2, Section 6: SESE, Section 7: N2NE, Section 8: N2NE, Section 9: NWNW, Section 18: SWNE, Section 19: E2W2, Lease No: WY009-0125-R Lessor: KGN Mineral Trust (Chandler Y Keller) Lessee: Wyoming Mineral Exploration LLC Lease Date: 07/06/2006 Recording: Book: 1288 Page: 566 6th PM Section 3: Lot 4 (40.97) Section 5: S2S2 Section 6: SESE Section 7: N2NE Section 8: N2NE Section 9: NWNW Section 18: SWNE Section 19: E2W2 Lease No: WY009-0125-U Lessor: Carolyn L Ridley, et al Lessee: Noonan Land Services, Inc Lease Date: 03/30/2006 Recording: Book: 1296 Page: 118 6th PM Section 3: Lot 4 (40.97) Section 5: S2S2 Section 6: SESE Section 7: N2NE Section 8: N2NE Section 9: NWNW Section 18: SWNE Section 19: E2W2
Case 16-32689 Document 354-1 Filed in TXSB on 09/02/16 Page 14 of 25 Pamela Dugan Chris Eyre Pamela Dugan Chris Eyre KGN-Mary Shifflet Yerkes KGN-Mary Shifflet Yerkes KGN- Suzanne Stoughton KGN- Suzanne Stoughton KGN -George H Anderson KGN -George H Anderson 1294 867 Converse WY 1294 865 Converse WY 1296 721 Converse WY 1294 820 Converse WY 1296 846 Converse WY Lease No: WY009-0125-M Lessor: Pamela Dugan Lessee: Noonan Land Services Inc. Lease Date: 08/26/2006 Recording: Book: 1294 Page: 867 6th PM Section 3: Lot 4 (40.97) 77.00% Section 5: S2S2 Section 6: SESE Section 7: N2NE Section 8: N2NE Section 9: NWNW Section 18: SWNE Section 19: E2W2 Lease No: WY009-0125-L Lessor: Chris Eyre Lessee: Noonan Land Services Inc. Lease Date: 08/26/2006 Recording: Book: 1294 Page: 865 6th PM Section 3: Lot 4 (40.97) Section 5: S2S2 Section 6: SESE Section 7: N2NE Section 8: N2NE Section 9: NWNW Section 18: SWNE Section 19: E2W2 Lease No: WY009-0125-W Lessor: KGN Mineral Trust (Mary Shifflet Yerkes) Lessee: Wyoming Mineral Exploration LLC Lease Date: 11/20/2006 Recording: Book: 1296 Page: 721 6th PM Section 3: Lot 4 (40.97) 80.00% Section 5: S2S2 Section 6: SESE Section 7: N2NE Section 8: N2NE Section 9: NWNW Section 18: SWNE Section 19: E2W2 Lease No: WY009-0125-V Lessor: KGN Mineral Trust (Suzanne Stoughton) Lessee: Wyoming Mineral Exploration LLC Lease Date: 10/19/2006 Recording: Book: 1294 Page: 820 6th PM Section 3: Lot 4 (40.97) 80.00% Section 5: S2S2 Section 6: SESE Section 7: N2NE Section 8: N2NE Section 9: NWNW Section 18: SWNE Section 19: E2W2 Lease No: WY009-0125-AB Lessor: KGN Mineral Trust (George H Anderson) Lessee: Wyoming Mineral Exploration LLC Lease Date: 11/27/2006 Recording: Book: 1296 Page: 846 6th PM Section 3: Lot 4 (40.97) 80.00% Section 5: S2S2 Section 6: SESE Section 7: N2NE Section 8: N2NE Section 9: NWNW Section 18: SWNE Section 19: E2W2
Case 16-32689 Document 354-1 Filed in TXSB on 09/02/16 Page 15 of 25 KGN- Winifred Crary Valens Trust KGN- Jean K Carros KGN- Winifred Crary Valens Trust KGN- Jean K Carros Westport Oil and Gas LP - Westport Oil and Gas LP 800 1296 436 Converse WY 1288 569 Converse WY 1263 316 Converse WY Lease No: WY009-0125-X Lessor: KGN Mineral Trust (Winifred Crary Valens Trust) Lessee: Wyoming Mineral Exploration LLC Lease Date: 11/06/2006 Recording: Book: 1296 Page: 436 6th PM Section 3: Lot 4 (40.97) 80.00% Section 5: S2S2 Section 6: SESE Section 7: N2NE Section 8: N2NE Section 9: NWNW Section 18: SWNE Section 19: E2W2 Lease No: WY009-0125-N Lessor: KGN Mineral Trust (Jean K Carros) Lessee: Wyoming Mineral Exploration LLC Lease Date: 07/06/2006 Recording: Book: 1288 Page: 569 6th PM Section 3: Lot 4 (40.97) 80.00% Section 5: S2S2 Section 6: SESE Section 7: N2NE Section 8: N2NE Section 9: NWNW Section 18: SWNE Section 19: E2W2 Lease No: WY009-0125-AD Lessor: Westport Oil & Gas Company LP Lessee: GWJ Exploration LLC Lease Date: 03/24/2005 Recording: Book: 1263 Page: 0316 Registry: 912019 6th PM Section 3: NWNW (Lot 4) Section 5: S2S2 Section 6: SESE Section 7: N2NE Section 8: N2NE Section 9: NWNW Section 18: SWNE Section 19: E2W2 Township 34 North Range 76 West Section 34: S2SW, SWSE Containing 800 acres, more or less Lease No.: WY009-0100 Lessor: WYW-079294 Lessee: Peter I Wold Lease Date: 04/01/1982 Recording: Book: 828 Page: 1 Registry: Section 2: SW Section 11: W2NW Containing 240 acres, more or less Lease No: WY009-0122 Lessor: Northwest Oil Co Lessee: Continental Oil Co Lease Date: 07/01/1944 Recording: Book: 204 Page: 12 Registry: Section 3: SENE Containing 40 acres, more or less Lease No: WY009-0110 Lessor: ST WY 0-1822 Lessee: Merritt Oil Corporation Lease Date: 01/02/1942 Recording: Book: Page: Registry: Section 8: N2NW, S2N2, S2 Section 9: NWNE, NENW, S2N2, SW, N2SE, N2S/2SE Containing 1080 acres, more or less WYW 079294 ONRR 828 1 Converse WY 240.00 240.00 The Northwest Oil Company The Northwest Oil Company 204 12 Converse WY 40.00 40.00 77.00% ST WY 00-1822 Converse WY 1120.00 1120.00
Case 16-32689 Document 354-1 Filed in TXSB on 09/02/16 Page 16 of 25 East Big Muddy Unit East Big Muddy Unit East Big Muddy Unit East Big Muddy Unit South Glenrock A unit and East Big Muddy and East Big Muddy and East Big Muddy and East Big Muddy and South Glenrock A WYW 085311 ONRR Westport Oil and Gas LP - Westport Oil and Gas LP 160 KGN Mineral Trust DTD 09/09/98 Fenex Oil Susanne B Brubaker Fenex Oil Susanne B Brubaker Susanne B Brubaker KGN Mineral Trust DTD 09/09/98 Fenex Oil Susanne B Brubaker Fenex Oil Susanne B Brubaker Susanne B Brubaker Glenrock Sheep Company Glenrock Sheep Company 1263 313 Converse WY 1282 92 Converse WY Converse WY 33.50 33.50 207 632 Converse WY 1278 434 Converse WY 160.00 160.00 160.00 160.00 Converse WY 40.00 40.00 1284 122 Converse WY 40.00 40.00 1278 432 Converse WY 120.00 120.00 72 47 Converse WY 200.00 200.00 Lease No: WY009-0107 Lessor: WYW-085311 Lessee: CONOCO Inc. Lease Date: 12/30/1980 72.00% Recording: Book: Page: Registry: Section 3: NESE Except for 6.43 acres underlying RR ROW Containing 33.57 acres, more or less Lease No: WY009-0200-A Lessor: Westport Oil & Gas Company LP Lessee: GWJ Exploration LLC Lease Date: 03/24/2005 Recording: Book: 1263 Page: 313 Registry: Section 3: S2SW Section 9: NENE Section 10: NWNW Containing 160 acres, more or less Lease No: WY009-0200-B Lessor: Jon C. Nicolayson, Trustee for the KGN Mineral Trust dated 9-9-98 Lessee: GWJ Exploration LLC Lease Date: 02/27/2006 Recording: Book: 1282 Page: 92 Registry: 82.00% Section 3: S2SW Section 9: NENE Section 10: NWNW Containing 160 acres, more or less Lease No: WY009-0198 Lessor: Fenex Oil Co et al Lessee: J. G. Dyer et al Lease Date: 08/18/1946 Recording: Book: 207 Page: 632 Registry: Section 3: S2SE, SWNE, NWSE, Less and Except the Wall Creek Formation in the S2SE, SENWSE and less and except the Shannon Sands Formation as to all lands. Containing 160 acres, more or less Lease No: WY009-0118 Lessor: Susanne B Brubaker Lessee: Wyoming Minerals LLC Lease Date: 11/01/2005 Recording: Book: 1278 Page: 434 Registry: Section 3: SWNE, NWSE, S2SE Containing 160 acres, more or less 79.00% Lease No: WY009-0121-B Lessor: Susanne B Brubaker Lessee: Wyoming Minerals Ltd Lease Date: 04/07/2006 Recording: Book: 1284 Page: 122 Registry Section 2: SENW Containing 40 acres, more or less Lease No: WY009-0131 Lessor: Susanne B Brubaker Lessee: Wyoming Minerals LLC Lease Date: 11/01/2005 Recording: Book: 1278 Page: 432 Registry: Section 2: S2NE, NWSE Containing 120 acres, more or less Lease No: WY009-0120 Lessor: Glenrock Sheep Company Lessee: Charles A Mau Lease Date: 05/14/1915 Recording: Book: 72 Page: 47 Registry: Section 2: SWNW Section 3: S2NW, N2SW Section 4: E2SE Containing 280 acres, more or less