EX-10 14 ex10-11.txt EX10-11.TXT 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