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Fill and Sign the Full Text of Ampquotunion Policies and Industrial Managementampquot Form

Fill and Sign the Full Text of Ampquotunion Policies and Industrial Managementampquot Form

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2. AGREEMENTS, CONTRACTS, ASSIGNMENTS, POOLING ORDERS, ETC. Seller Property No. _____ __ Buyer Property No. A.List and review on an addendum the instruments and their terms and requirements that the Property is subject to. Show the Type of Contract, Contract Number, Date of Instrument, and location of the file. B. Matters to be Resolved/Requirements. Describe or attach copies of: (1) onerous provisions; and, (2) provisions requiring pre-closing action (other than Consents, Preferential Rights and Liens, Mortgages/Deeds of Trust and UCC Financing Statements). C. Joint Operating Agreement (JOA): Date: ________________________ Seller’s File No. _____________________________ 1. Current Operator: ___________________________________________________ 2. Preferential Right to Purchase (PRP)? YES______ NO______ (Attach a copy of the provisions of the PRP and a List of the Parties involved from the JOA) 3. Area of Mutual Interest Created? YES______ NO______ Attach copy of AMI Provision. 4. Tax Partnership? YES_____ NO_____ 5. Unusual Provisions: YES_____ NO_____ Attach copies of provisions. 6. Non-Consent Penalty: YES_____ NO_____ Amount _____________ 7. Gas Balancing Agreement? YES_____ NO_____ In Balance Overproduced Underproduced Volume _____________ 8. COPAS Accounting Procedures a part of the JOA? YES______ NO______ Overhead Rates Drilling ___________ Producing ____________ Escalation Clause? YES______ NO______ 9. Attach copies of change of operator and voting procedure language contained in the JOA. YES______ NO______ 10. Acreage covered by Operating Agreement. _______________________________ __________________________________________________________________ __________________________________________________________________ 11. List all current WI Owners, if available, on back or on attachment. D. Applicable Agreements, other than Operating Agreement: Name and Date of Agreement:______________________________________________ 1. Consent to Assign Requirement? YES______ NO______ (Summarize on reverse or attach copy of provision) 2. Preferential Rights to Purchase? YES______ NO______ (Summarize on reverse or attach copy of provision) 3. Production Payments? YES______ NO______ (Attach copy of source document calling for anything payable out of production including net profits interests. Indicate current balance. ($___________________________) 4. Drilling or Other Obligations? YES______ NO______ Source Document:__________________________________________________ Next Obligation Date:_______________________________________________ 5. Reversionary Interests? YES______ NO______ Current Status: BPO______ APO______ Optional ______ Automatic ______ If BPO, attach copy of current payout status report. 6. Depth Limitations? YES______ NO______ Check legal description on exhibit to Purchase and Sale Agreement and Assignment to verify depth limitations are properly identified. 7. Area of Mutual Interest? YES______ NO______ Attach copy of provisions of AMI. 8. Pipelines or Access ROW, Plants, Platform Agreements, etc., being conveyed. Summarize and list on reverse side, include schedule of fees and rentals. 9. Gas Purchase Contracts? YES______ NO______ 10. Parties having Call on Production? YES______ NO______List names and percentages on reverse side. 11. Processing or Facility Contracts? YES______ NO______

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